This was like tipping a waiter a Lambo for a glass of water. It must be painful for that sender but some miners claim a jackpot. In crypto sometimes your carelessness can bring embarrassment to you like having the wrong tattoo on your butt which will never go.

If these were from a traditional banking sector many things could be done to recover that fund. But in crypto, this can be tricky because it is not a regulated territory where police will knock on the door and tell you to return the funds mistakenly sent by you. If the miner is generous enough he might return the fund but this was a lesson for all of us and it will be for rest of the year that we should check multiple times before clicking the send button.

Why rely on votes from DT1 members only when there is a concern that all of them will not vote and many of them don't care? Can't we do a weight-based voting system? DT1 members will have 3 voting power and DT2 members will have 1. To pass a decision at least 50% of DT1 member's vote should be mandatory. This can reduce potential bias as well.

Lebanon might have lower mining costs for Bitcoin but there are several factors that need to be considered like local regulation, hardware accessibility, political stability etc. Texas might be costly for bitcoin miners but it has a more friendly environment than lebanon for bitcoin mining companies. This is the reason we have seen a surge in bitcoin mining activity in Texas, especially after China's crackdown on bitcoin miners.

A higher hash rate means a more competitive environment for miners but a higher hash rate provides a more secure network. Mining companies might be running at a loss but as we are near halving prices will surge once again and they will recover their loss soon enough. Big miners can get discounts on hardware and they can buy for a better unit cost for their electricity consumption so why they should care! It seems mining cost is not the only factor miners should think about. They are mostly thinking about current and future prospects.

Investing the same amount of money at the same interval makes a good habit of investment. It is not about the amount and no one will punish you if you invest more. It is necessary to create a habit of investment which is very important for an investor who wants to DCA for a very long time.

I think the main problem with DCA is the fees. If you have been doing DCA for over 3 years and you have made more than 100 transactions already then you know the total amount of fees you have paid is not tiny. An investor who can only invest 50$ a month needs to consider every bit of dust he can save for himself. The goal is to fill your bucket as much as you can without losing much of it.

Using cryptocurrencies with competitive gaming! A forward-thinking approach was taken by THNDR. I have heard of " Club Bitcoin: Solitaire", which is ranked #21 in the U.S. App Store though I am having a hard time finding it in my region. This is really a bold approach that creates a unique space for them in the Bitcoin-centric gaming universe. Instead of using a bank or other 3rd party platform users can withdraw their profit in bitcoin which is less costly and convenient.  

A survey conducted on a small group of people can provide inaccurate information.

You are right about bitcoin. dishonest behavior of an individual can not represent the value or utility of a product or concept. People who think Bitcoin is a scam don't know much about Bitcoin or have had any bad experiences with it so they think the whole industry is bad which is wrong.

Forcing someone to understand something is not the right approach. We should create a friendly environment where information about Bitcoin will be easily accessible and spread awareness about its benefits in certain scenarios.

I have had some bad experiences with altcoin as well but as long as i can remember my biggest gain was from altcoin too. It is not that hard to earn money from altcoin actually. Bitcoin will give multiple X profits in every cycle but for altcoin, most don't cross their ATH in the next bull cycle. Still, people made a lot of money from them. Have you ever thought about how? You just need to understand what trend is running and what is upcoming. When there is a trend running in the altcoin market most of the tokens from that category do well and give multiple X ROI. So if you can spear a small amount of funds to play with altcoin and you know how to play you should do that. You do not need to sell your bitcoin for that.

From your data, it is clear that lump sum investments outperformed DCA's strategy. 

Both strategies have their upside and downside, and they both need specific scenarios to outperform each other. If an asset has the potential to rise constantly in the long term, then a lump sum investment will give a big return, but the investor needs to have a reasonable amount of funds upfront. But if the market is volatile and it runs like waves, then DCA will help an investor reduce the impact of the volatile market in his portfolio. In general terms, lump sum investment seems to better-performing strategy, but if the price of that asset goes down and stays there for a very long time, then it will be a big loss for the investor. 

There are some downsides that i noticed with these strategies.

1. They are both extremely good, but a more dynamic approach can give investors better ROI. Without buying everything in one shot, you can make a lump sum investment in every notable dip. This might provide a better yield.

2. Buying small amounts every month seems like a better choice in a volatile market condition, but frequent buying activity might charge significant fees over time. I think these fees were ignored in the calculation. 

In my opinion, why sticking to one strategy when we can make a combination of both and create a better one according to market conditions. For example, we can lump sum in a notable price dip and perform DCA when the market moves sideways. This gives our strategy more flexibility. Also, making some tweaks to our strategy in different market conditions is a good practice as an investor. 

Then we can put a user from a suspicious IP address in a testing mode. They will only be able to visit certain sections of the forum and make comments. Their exploration into the forum will be limited though they can read everything. If they prove that they have a mindful knowledge then they will get full access to the forum. Not sure if this method will be practical or not, perhaps this will be much more of an annoyance than its importance.

Your efforts and dedication to this forum motivate me to contribute more to the forum. There is no doubt adding 2FA security measures will add an extra layer of protection for the forum members and eliminate potential threats from scammers and hackers.  

Also, i love the idea of giving theymos a set of 2FA primitives which will give him more room to implement the features according to forum needs. If theymos approve the idea and implement it into the forum then i think adding a guide for users who is unfamiliar with this concept will encourage users to use these features to make their account more secure.

These look good. Actually few days ago I asked the same question in the forum whether we should have a 2FA option or not. Many agree with me and if i can use my Google Auth app to log into my account then i will feel more secure that no one will be able to gain access to my account even if they somehow manage to guess my password. I hope these security features will be implemented soon.

Those bitcoins will never be accessible again. They just simply out of circulation forever. it's a very small percentage compared to the actual Bitcoin market cap. TBH if you have a few million dollars in somewhere then you will probably make a backup plan so that if something happens to you, your family members can get that. Most of the bitcoin that is out of circulation forever because of some unexpected incident happened when the price of bitcoin was very cheap so no one cared at that time.

Your observation is pretty straightforward. The development of Bitcoin and its ecosystem was fast compared to other technological developments. Many think that bitcoin will change the global economic standard but they also think that this journey will not be unchallenging. Now we can see that this is true. If bitcoin can not face challenges like 'mempool congestion', 'spam' attack then how it will face the demand as a global currency?

Fee structures, the cost of running a node and its practicality, utility of lightning networks are some critical sector that needs a proper solution. Also, the rise of Dogecoin shows in the future bitcoin will not be the only player in the game when this sector is continuously evolving. Your insight into this current scenario is the bitter reality.

These are the two main points why some members never rank up in the forum. It's true that it is not easy to make forum-standard posts at the beginning of a member's journey. But consistency and patience to do a lot of reading increase their post standard over time. Many of them came here with a mindset to earn money by doing campaigns when very few try to learn from their mistakes and follow higher-ranking members. 

Someone from inside doing these. What are the points of using SMS verification for security purposes if that telecom company doesn't want to enhance its security measures? They need to identify these people who are bypassing the security and letting those scammers get account-to-user accounts.

I personally use Google auth and Authy for one-time passwords. Here is some hardware and app-based one-time password option that can be used instead of using your phone numbers.

app:
   

• Google Auth.
• Aegis
• Authy
• 2FAS
• Microsoft Auth.

Hardware:

• YubiKey
• Nitrokey

Current number of post (Including this one): 406
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Reapplying Full member for wearing avatar, signature and personal text

Sir thanks for accepting me again. My total post count including this one is: 405

Great! But how someone will hold Bitcoin if they do not make their investment into Bitcoin first? If you are referring to investing in altcoin then i think you should revise your investment strategy again. I know we have a lot of bitcoin maximalists in here but there are people who like to take risks in altcoin. We have seen in every bull cycle project like polygon, solana, Shiba inu emerge and the investor makes a huge profit. Everyone wants that kind of gain. So if a very small portion of my portfolio is in altcoin I wouldn't mind.

Governments are concerned about illegal activities through cryptocurrencies. And they think that most of this activity is done through cex like Binance. They have a large user base and their P2P system is widely used all over the world. SEC is targeting these exchanges by saying they are involved with these types of activity. So they do not have any other option but to force their user to do KYC. If someone is not doing anything illegal they shouldn't be afraid of it or if someone thinks they should not share their identity then dex or P2P is the best option.

Some people practice such rush behavior that they easily get offended and attack others with bad words. I do not think there is anything we can do about it. Sometimes a word serves different meanings depending on which region of the globe that word is being used. One community slung can be one community's general expression. If the moderator starts censoring every foul word they they won't get the time to do other important work.