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May 26, 2024, 03:48:18 AM *
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61  Other / Beginners & Help / Re: What happens when mining and nodes stop working on: May 08, 2024, 10:38:50 AM
Although it's almost impossible for all nodes and miners to stop working, but let's say it eventually happened fictionally, what would be the outcome? Is is there something I'm missing???
Bitcoin network operates with Bitcoin nodes and Bitcoin miners. If there is no Bitcoin miners, no network hashrate, the Bitcoin blockchain will be a dead one because no more new block will be found, no more new transaction will be confirmed.

Bitcoin nodes can still run their nodes but nodes can not find blocks and confirm transactions like Bitcoin miners.

You will still have your bitcoins in your wallet but you will not be able to move it to any other receiver because lack of miners to confirm transactions.

If these things happen gradually, Bitcoin network difficulty will retarget lower and lower, and you can mine Bitcoin with your PC, laptop again like years ago.

Honestly, I don't see any scenario for these things to happen.
62  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: May 08, 2024, 10:33:27 AM
Manchester United's inconsistent and never-changing style of play makes their strengths easier to learn. The defeat against Crystal Palace was very embarrassing because they should have never gone down in the standings and now Chelsea are above them, but because of their poor play they had to suffer defeat in the match.
If his strength is still like this then it will be very uncomfortable when facing Arsenal and they will even be defeated by Arsenal. While every game is different it doesn't necessarily result in the same match, but if Manchester United's strength is like this then I doubt they can match Arsenal's game.
Manchester United have big problems with their defense system from defensive midfielders to defenders. They tried to buy Casemiro with expensive cost to fix defensive holes in their midfield and the Brazilian player helped them in his first season (last season) but this transfer is not good at the beginning. Buying an old player like Casemiro is not an investment for future and Manchester United did do this mistake years ago with Ibrahimovic, Cavani, Alexis Sanchez and Cristiano Ronaldo. They surprisingly repeated it with Casemiro, it's very strange strategy from them and we see how Casemiro's contributions drop a lot in this season.

In attacking, Ten Hag nearly destroyed confidence of his players, Sancho, Rashford, Bruno and more. I believe players have their responsibilities but to have big problems in all systems from attacking to defense, Ten Hag must be attributed with main responsibility and maybe main reason.
63  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: May 08, 2024, 01:42:14 AM
For sure there are many things to consider why some casinos don't consider using LN. One is it might be challenging to set up the LN and not all casinos have the skill or resources for it. Some casinos might worry about rules and laws that might affect using LN in different places. Also most users don't know or trust the LN, casinos might hold off until it's more widely understood. So, it's a mix of tech skills, rules, money, user comfort and network stability to consider using Lightning network.
Casinos actually have developers to build up their platforms and infrastructures for their casino operations and interactions with different cryptocurrencies. I believe they have no technical problems to build up extra infrastructures for Lightning Network integration.

Legal issues and their concern on demands from users and how users will use LN in a clean or 'dirty' ways are probably their main concerns.

Casinos can not operate beyond all existing laws and regulations and they will not want their platforms be exploited by users with money laundering through Lightning Network.
64  Other / Meta / Re: Are no-KYC services banned? on: May 08, 2024, 01:36:45 AM
I use the onion site again and wanted to use it to exchange bitcoin for bitcoin and I saw that you are right. The site would be said to be a mixer because of that. An exchange should be a platform that one coin can be exchanged to another and not the same coin. If it is the same coin it is a mixer.
You can expand this to bridges that allow users to bridge from one cryptocurrency to another cryptocurrency.

So if the expansion is right in the concept, will cryptocurrency bridges, from one blockchain to another, from layer 1 to layer 2, will soon be classified as mixers in future.

I am very curious that will bridges become next targets of SEC. and DOJI.
65  Bitcoin / Bitcoin Discussion / Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do. on: May 07, 2024, 11:43:17 AM
traders are trading BTC/USDT to accumulate BTC. the stablecoin is what it's used for, traders sell the BTC for a higher price in exchange for USDT and then wait til the price drops which they accumulate satoshis. it could be easy to look at it this way and one could think you get to be rich when you master doing this. i do believe so but what you need is also time and patience which not everyone has.
I agree with you that they tend to do this, trading to increase their portfolio value, to increase their bitcoins but the reality is opposite.

They trade too often and even when Bitcoin volatility is not high and they get familiar with low volatility as their normal standard. With this feeling, when Bitcoin suddenly to rise sharply, they will sell low and buy high. This trading style will cause them loss of their bitcoin and it's not what they intend to do initially.

I would like to say, they should trade less, hold longer.
66  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: May 07, 2024, 07:53:40 AM
Crystal Palace's win over Manchester United was not special, it was only the number of goals they scored that made it special, because not only did they score 4 goals but how they were able to keep their goal from conceding and made Manchester United a team that looked very bad in that match.
With this defeat and a bigger view, a whole terrible season, Ten Hag is very lucky to be given so many time, support and opportunities in Manchester United. If these bad matches come in another season like with Mourinho, Solskajer, Ten Hag will be fired nearly immediately.

Manchester United after more than one decade without Premier League title, after spending big money for player transfers and salary, wanted to try to be patience with a long term plan of Ten Hag. Anyway, their patience and support for Ten Hag probably hits a limit and they will sack Ten Hag soon, not immediately because the season is only 3 more matches left.
67  Other / Beginners & Help / Re: What to do to get merit reward? on: May 07, 2024, 02:10:11 AM
First by stop asking merits for rewards. Merit begging isnt encouraged and not prohibited you could be banned if proven you did
Merit begging is not encouraged by admin as written in the announcement of merit system and by community members.

I really don't think merit begging will cause an account ban except if you do it in PMs and do it many times and many forum members report your PMs.

Writing helpful posts is not so hard and making many good posts will help to increase chance to be seen by forum members and receive more merit.

Do not beg for merit excessively.
68  Other / Beginners & Help / Re: What to do to get merit reward? on: May 07, 2024, 01:17:34 AM
Hello everyone, I have been here for a few weeks/months now but I'm yet to receive "merit" so I'm just worried, please can someone tell me what I will need to do or how long I will need to be here for before I get merit and other rewards?
You will receive merit for your good posts. The first thing you need to do is checking your post history, see your posts are quality and helpful or not. If they are not helpful, not quality enough, it makes sense that these posts did not receive merit.

Learn and improve your knowledge, then posts, make them more helpful, you will get merit in future.

Merit & new rank requirements
FAQ: Everything you need to know about forum 'activity, account ranks and merit
Writing a welcome message
69  Economy / Trading Discussion / Re: Share your Crypto experience. on: May 06, 2024, 11:08:46 AM
Yes I know how to count Smiley

It is not the same profit, but it is the same regret. People keep 'regretting' every cycle. So I'm just saying, don't keep ending in that cycle, it gets more regretful every ATH.
It is very hard to believe in history and words told by other people. So people who participate in this market must experience it, with time and some cycles like at least two cycles to miss opportunities, feel regret by hesitating too much and missing chance to get profit. After one cycle, they can learn something and avoid same mistake in a next cycle. But there are people who hardly to change after one cycle and they need like three or more cycles to change.

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Keep the DCA started early and you will not look back again.

DCA Bitcoin. I repeat this 100x so newbies can thank me in future.
DCA is very good method for investment money in Bitcoin but 100x from 2024 price, Bitcoin will have price about $6,500,000 tu $7,000,000. It's very high price and I believe in $1M price first and I even don't know when Bitcoin will be trade around $1M.

$6M to $7M for 1 BTC is too much and in your post, you can not know when it will happen. If it is like 2100s year, it is too far for most of us to wait and get profit.
70  Other / Beginners & Help / Re: The Role of Proof of Reserves in Crypto Exchange Transparency on: May 06, 2024, 06:03:10 AM
No matter how an exchange tries to prove their trustworthy it doesn't guarantee any safety. The proof of reserve has also been done by those exchanges that went bankrupt but what will happen will still happen.
Because proof of reserves are done as snapshots but it can be changed with time. It's in Read-only mode which means you can not do anything with exchange activities on your fund.

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They claim to get hacked and funds of customers are lost to them. At the end they will only used a percent of the reserved funds to compensate it's customers whom are aggressive whereas the compensation amount is usually very poor to the invested funds.
Exchanges can die, bankrupt, scam exit with many reasons include hacks.

Exchange graveyard
List of hacked exchanges since 2011
71  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: May 06, 2024, 05:42:05 AM
As shown Juventus are in the safe zone for now but any constant dropping of points might be hazardous for them, take a look at the table and see how the other teams are performing compare to how Juventus are doing currently. We're at the last phase of the competition and I can't say Juventus has already made it to the champions league, no. They can drop point when it matters the most.
Juventus look to be safely in top five of Serie A but they can lose their third position with poor performances. I say their position within top five is safe because they have 6 points more than Roma and 9 points more than Atalanta at the six position. If Atalanta win two matches, they will have 63 points and only 3 points less than Juventus. Juventus will have to defend their position in top five against one of following clubs: Bologna, Roma and Bologna. Current differences are safe enough for Juventus and they need to don't lose more than 6 points in last 3 matches, it's not too hard.

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From what you said scoring 10 goals in their last 10 games is really poor and I don't think they can keep a clean sheet in the remaining games. I feel these guys have lost that fighting spirit since they know they couldn't catch up with Inter Milan so now they just play to fulfill all righteousness, complete the games at hand and wait for next season that's the plan as it is for Juve.
Attacking system of Juventus has very big problem in this season and total goals they have scored so far are similar to Bologna, not impressive. To come back and compete for Scudetto next season, Juventus must enhance their attacking system with new players in the summer. One season without Champions League, without Scudetto seems to be disappointed and terrible enough for Juventus.
72  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: May 06, 2024, 05:33:46 AM
Real Madrid players are in a happy mood after successfully securing the La Liga title, of course their joy will increase if they succeed in qualifying for the Final. It is very realistic, in my opinion, many parties support Real Madrid to qualify for the final, there are many factors that make Real Madrid the superior team in this game.
Real Madrid did not actually have big pressure to play in La Liga recent matches because they had good differences against Barcelona and Girona. By officially winning La Liga, from now Real Madrid will entirely focus on Champions League. They need to beat Bayern Munich at Bernabeu and only need to win one more match, final match, to win another Champions League.

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Bayern Munich are not in their best form heading into this match, they have just been beaten by Stuttgart in the Bundesliga. Real Madrid does not have the slightest pressure ahead of this match. Ancelotti can field his best squad and Real Madrid players are very ready for this important match because several key players got more rest hours after Ancelotti did not play them when Real Madrid played against Cadiz.
Bayern Munich have many experienced and star players who did played many important matches, tournaments in their career and they will be able to control themselves well against pressure of Real Madrid and fans at Bernabeu stadium. It's never easy to play at Bernabeu stadium but Bayern Munich won't be easily beaten or collapsed there.

There are many players in Bayern Munich want to win Champions League, a first one in their career like Harry Kane who will be one of most dangerous attacking players against Real Madrid's defense system.
73  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: May 05, 2024, 05:00:47 AM
For today's match between AS Roma vs Juventus I think both teams will play a draw, even though AS Roma is playing at home, they will not force themselves to avoid injuries and other things, as we know AS Roma still has important matches in the Europa League of course they need to prepare everything. Moreover, AS Roma lost in the first leg so there was no other choice, they had to fight until the last minute so I wouldn't be surprised if AS Roma drew or even lost in today's match.
This match is big but its importance is bigger for Roma than for Juventus. Juventus can still get a third position if they lose this match but with Roma, if they lose this match, they will have risk to fall to a sixth position and another worse risk, fall to the seventh position when this season ends.

Roma need to win this match but they will have to avoid injuries on their players because next week, they will play a second leg with Leverkusen in Europa League. If they lose these two matches, they can lose all in this season, no position enough for Champions League, no Europa League title and this season can not be considered as successful for them and De Rossi.
74  Other / Beginners & Help / Re: The Role of Proof of Reserves in Crypto Exchange Transparency on: May 05, 2024, 04:12:36 AM
Proof of reserves is a powerful advertising trick, and not much more. The independent audit may or may not exist, or not be independent at all. The funds everybody can see can be easily used to back other parts or loans on behalf of the business and when the things go wrong the users will probably find out that they are the last ones in queue for getting a "breadcrumb" of the same funds as - way too many others....
It is attractive and convincing in advertising trick for transparency of that exchange and how they manage treasury with fund from customers. I agree with you that it is transparent but not enough because we know Bitcoin and cryptocurrency transactions can be done quickly and exchange team can do anything they want with funds in their exchange treasury.

Customers can not do anything to prevent it and they are human, not bots to sleepless watch an exchange treasury and react accordingly with fund in their account. Sleep, wake up and see a black swan event, it is possible future with any centralized exchange and customer fund.
75  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: May 05, 2024, 02:03:31 AM
Well, that's why this league is considered the most difficult in the world so far, because the PL teams are very good, they all have their high level to play, nothing more than the fight between Arsneal and City is an example, I would personally say that City has a better chance of winning the PL so they are a more consistent team in their results, of course Arsenal are doing very well, although they are not as consistent but so far they have to be very good and have Improved things because otherwise the PL title will be ruined for them again.
Arsenal don't have anything to lose, they have two remaining matches to play and their task is winning all two matches. The rest will belong to Manchester City and Arsenal can not control Manchester City performances in their three remaining matches include one suspended match.

If simply look at their power and domination in Premier League, they seem to win all remaining matches but the most beautiful characteristic of football is probability for surprise, unpredictable things. Arsenal can hope some unpredictable things will happen with Manchester City's last three matches.

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Erling Haaland brutally cuts down Roy Keane with cutting 13 word response
Haaland has an excellent match with a poker but it's can not deny his worse performances than what he did last season. I see it is acceptable that Haaland failed to repeat what he shown last season when clubs, coaches and players exclusively defenders in Premier League, understand more about him, his playing style, and figured out better defensive solutions to reduce his danger on field.
76  Bitcoin / Bitcoin Discussion / Re: The reason why you shouldn't force someone to invest in bitcoin. on: May 05, 2024, 01:52:57 AM
The reason why you shouldn't force someone to invest in bitcoin?
Did you think is good to force someone to invest in bitcoin?
You don't have rights and power to control other people so you can not force them to do anything you want.

You can only recommend, advise them to do things that you consider as good, promising, profitable but at the end, they make decisions and you can not force them to do the same like you.

This explains lack of power from your side to manipulate actions of others.

Another thing which is important is, you are not and should not be responsible for actions of others, so please don't force anyone to do anything. This only drags you down the mud with them and I am sure you will not be able to carry such responsibility.
77  Economy / Trading Discussion / Re: What ways can a trader raise money? on: May 05, 2024, 01:48:43 AM
There are two types of people who learn trading, there are those who already have a source of income and are looking for way to multiple it so they choose trading as an option for them, while their others without any source of income but just learning to trade for the sake of knowledge and hoping that one day they will be able to make enough capital to invest into trading.
Traders need to have trading capital because without trading capital, they can not trade.

They can have available trading capital at beginning or can start with demo trading, learn and during their learning and demo trading procedure, they can do other things to get money from job salary, airdrop and giveaways that can be used as their trading capital.

For the second type of traders, they must start with small money but there is common principle for both types of trader. They must defend their trading capital because it's most important in trading, and in investing too.
78  Other / Beginners & Help / Re: After Joining as a beginner what keeps you going on this forum? on: May 04, 2024, 02:49:24 PM
Why do you or a beginner join a forum will decide what you or that beginner do next.

If joining to learn knowledge about Bitcoin, this forum will be very insightful and you will addict it because it's helpful for your learning.

If participating in this forum to earn money, it can cause disappointment if you feel no chance to earn money here by reasons like forum rank stucks, can not get merit to rank up and other reasons.
79  Other / Meta / Re: SUGGESTION FOR OUR FORUM on: May 04, 2024, 02:43:21 PM
Admin/Mod of this Forum. I would suggest you to make a sub forum that Can create topic titled " AIRDROP & TESTNET ".
Forum is against Altcoin airdrops, you must know about it.

Giveaway threads are not allowed

For Bitcoin testnet, you can ask in two boards

Bitcoin technical support
Development & Technical Discussion
80  Bitcoin / Development & Technical Discussion / Re: I need help to generate my own key pair on: May 03, 2024, 10:22:06 AM
You complicate your life because there are open source Bitcoin softwares to use

Bitcoin Core, Electrum and more.

[General] Bitcoin Wallets - Which, what, why?

You can use the wallet software to create your wallet, backup, and use it to store your bitcoin.

[GUIDE] How to Safely Download and Verify Electrum
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