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May 27, 2024, 01:56:02 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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61  Bitcoin / Bitcoin Technical Support / Re: How to CPFP with Bitcoin Core? on: May 02, 2024, 08:42:38 AM
How? You're talking about a transaction from a year ago that pays 1 sat/vbyte, while the purging limit is 6.21 sat/vbyte.

Give me a clear possibility of this scenario.

When you made that reply, the purging limit was around 6.21 sat/vbytes and as I'm writing, the purge limit is 4.04sat/vbyte, supposed I have a transaction on the mempool with 3.9 sats/vbytes, does this transaction get purge immediately if the purge limit goes << 3.9 sats/vbytes or it takes two weeks before it drops mempool.

Another question: What if I have my transaction broadcasted by wallet that periodically rebroadcast the same transaction of 3.9 sats/vbytes, will mempool.space node accept my transaction or they reject it instantly because of the purge condition?
62  Economy / Economics / Re: The collapse of central banks...Inevitable? on: May 01, 2024, 08:33:40 PM
If the global economy continues to deteriorate, do you think central banks will collapse? If that happens, it will be the end of Fiat for good. In such a scenario, do you think Bitcoin will become the currency of the world?

What's your opinion? Your input would be greatly appreciated. Thanks. Smiley

Maybe or maybe not but I just know that Central Bank existed for long time to be here today and if the government continues to exist as a result of democracy we all agreed to use as system of leaders, it will remain firm because they can manipulate policy on citizens to suit their agenda. Didn't you see some days ago Biden propose 44.6% tax on investments? What do you think it's the purpose of doing that? It might not be healthy but because it's propose doesn't mean it can't be enforce.

They said a body is said to be hot but when compared to another body, it will feel like it's hot. US inflation might look deep to them but if you check some countries, you will cry for them man. Currently our inflation is around 30%+ and we are not even in the half of the year.

I don't want to use never and sentiment aside, Bitcoin will not be a currency if the Russian, US, China never support it, I heard Russian are trying to ban anything crypto and China has done same since last bull run. This harsh calls is not giving any green light on Bitcoin adoption not talk about currency. Maybe in the future, if they reconsider, it might be a legal entity but I'm not seeing that happening anytime soon.
63  Economy / Economics / Re: World price tag on every product. on: May 01, 2024, 08:09:48 PM
The world has gotten to that point in which every product should have a particular price is been sold for.
A product that is been sold for $5 in USA should also be sold for $5 in Canada and China, this way it will help the world leaders to remove hunger in the world, it will also help grow the economy of every country because countries can buy product from one another at a better price, this method will really help in reducing suffering in the world because hunger is one of man's major problem.
The world leaders should sit and implement this policy every product will be given a price that will be comfortable to every common man in different countries of the world.

This is not going to work because you didn't consider other factors like transportation and cost of shipping. You don't expect a retailer to buy a product that is originally produced and packaged in the US to sell to you the same price, how is the seller going to achieve his objectives of selling? Where is the profits? Where are they going to remove the money from cost of shipping? You don't consider all of these right!

Let's even say that you want to import goods yourself as a final consumer From ebay or from Amazon, there is no way you will get that product shipment for free if you leave in another country, you will also pay for the tax, so tell me will you sell the product the same price you bough?  Unless you are doing a charity giveaway.


In a situation where you might see different price for the same product, for instance the price of Coke in US is different from what they sell to other African counties and this is Because the quality are not the same, the content is different. Company do this because they prioritize what customers can afford, you can't sell a bottle of Coke in US for $3 and you think an African man can pay the same, no way. This is why you see disperity in products and the price.
64  Bitcoin / Bitcoin Discussion / Re: Bitcoin Halving Making Me Wonder on: May 01, 2024, 07:57:24 PM
Sorry to hear your ordeal and some will blame you instead of emphasizing with your situation and act like they have never made any mistake in life. Mate, this shit happens every time when the Bitcoin's value is on higher side and I hate this stuff and most of us don't like the huge transaction fee levied upon us but still some justify. Ensure you check the transaction fee going forward as sometimes it would be more than the amount which you want to send.

You just made a popular misconception many people have about Bitcoin and the increased in price, this is usually confusing for some people.

An increased in Bitcoin price don't necessarily means that Bitcoin transaction fees will increase because if you look at it very well, unlike other chain that has a lot of decentralized exchanges and trading activities, majority of Bitcoin trades happen on centralized exchanges and that means it's an off chain trading that is settled in the database and not of the chain, so that doesn't make Bitcoin network to be that busy like other chains but might be busy than usual days as result of people sending and receiving value in Bitcoin.

The only thing that constitute to Bitcoin transaction fee is when the mempool becomes too congested with Bitcoin transaction, a lot of competition comes in by senders to be in the next block, they virtually pay high fee to get included in the next block and this competition increase the transaction fee predominantly. Sometimes, when ordinary transcripts and BRC20 tokens spam the network, the mempool becomes to heavy with transaction and fees has to come up to priorities transactions.
65  Bitcoin / Bitcoin Discussion / Re: Don't invest in Bitcoin because others are investing in Bitcoin on: May 01, 2024, 07:48:06 PM
When you want to invest in Bitcoin don't because people is investing in Bitcoin and you invest, I prefer taking my time to make a research before I invest on Bitcoin, Bitcoin invest is good but when you don't take your time to invest in Bitcoin then you will invest wrongly, the first time I invested I did not follow anyone step rather I do follow the research I made before I invest, some persons does not control emotions before they invest they follow a side news to invest on Bitcoin and that is why some of them do experience hard luck for their invest, in summary invest when you want to invest, don't follow the crowd but follow your instinct

You should have change your subject or perhaps you complete it so that people will know the message your trying to pass, it look more like click bait.
I think majority of people that invested in Bitcoin today were all thrill by the performance of Bitcoin and what they have learned and hear from others, it's what motivated them so I don't see anything bad in buying Bitcoin because others are buying, those buying aren't fool right.

However, as Bitcoin maximalist it's a very bad idea to buy something you know noyhing about, not just Bitcoin it could be anything. Understanding Bitcoin is very essential and it will save you from a lot of things like the security behind holding Bitcoin, not leaving yourcoin on the centralized exchange and understanding basic sending and receiving Bitcoin you have with you and also staying away from scammers as possible.
66  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: April 30, 2024, 08:46:43 PM
Bayern Munich is very good in this game, they are playing well in the second half and they given Madrid tough time because they are having more dangerous attacks than Madrid; the pressure they mount has resulted to a penalty which give Bayern Munich the lead in the 57th minutes.

After this second goal from Kane, Madrid is showing a great response as they are willing to level the score as early as possible, but the German team is given them tough time as they are also willing to add more goals because of the pressure they are given the Madrid defense.
At the end, we might see a draw because Madrid can surprise us any moment before 90 minutes.

I expect Bayern to be tough at home but I didn't think they will counter attacks and defend in this manner but all the same, Vinicious has given another goal to equalized them and now they are both neutral with aggregate, I expect this should be the FT for this match, it's already some minutes to the end of the match and even if there is an added time Bayern are guiding tightly, I'm not sure if there is going to be any opportunity again for Real Madrid.

However, I know for a certain that if Real Madrid could push Bayern like this, I'm not sure Bayern can replicate this same thing when they visit Real Madrid, they will be put to some test they have seen some years ago, Real Madrid will scale through to the Final with an eye for eye.
67  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: April 30, 2024, 07:03:31 PM
I think Barcelona can keep up with Girona, because even though at the start of the season they experienced bad results, Barcelona will definitely fix it and maybe with their next match Barcelona can keep up with Girona, because of course Barcelona doesn't want to be moved down the rankings. I think Barcelona must be able to stay in that ranking, because if they chase the top ranking it doesn't seem possible.

I think this was the time Barcelona was suffering from inconsistency in their performance, they had more lose on draw then than they are doing right now, so I think it's safe for Barcelona to win Girona to maintain the glory they have left plus Girona isn't really doing well in my opinion but the loses are not home matches that's my fear. Girona hasn't loss match in their home since the beginning of this year, I'm not sure if Barcelona is going to finally break it or not.

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apart from that, Girona could also give Barcelona a surprise which might make them shift from their ranking, but I think if Girona can actually shift Barcelona's ranking, it's possible that the points won't be much different, so even if Barcelona is shifted, there's a possibility that Barcelona will still be able to overtaking again. Hopefully Barcelona must also be prepared, because they cannot underestimate Girona.

I think so too but considering the fact that Barcelona need that points more than anything right now, they will put Girona into all different kind of test until their last kick. I know that the chance of winning the Laliga is very low but if mistakenly Barcelona win Girona and Real Madrid lose their next match Cadiz, Xavi will want to try harder but we know it's a battle loss at this point.
68  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: April 30, 2024, 05:22:45 PM
This season, Manchester United, Brighton and Chelsea are very bad. However, we have seen some improvement in Manchester United's performance. And because of this Manchester United team is now in the sixth place in the points table. Even then we don't see the expected good performance from this team.

Manchester united is not any better than Brighton, I think last season Manchester United finished in the 3rd place and Brighton finished in the 6th place but now Manchester united is in the 6th place and 12th place and you think Manchester united are even better, the way they are going if they don't step up their game, UEFA conference league might be actually hard for them to stay on. If not for under performance, what is Manchester united going to be be doing in such league.

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Brighton have had a very poor season this season. The team is 12th in the points table. Brighton have won just 11 out of 34 matches. This team has to fight hard even against weak teams. Brighton's main weakness is their defence. Brighton conceded 57 goals in 34 matches. If the defense was strong we could have seen this team in the top 5/6 of the table this season.

Brighton had 11 win, 11 draw and 12 losses, this performance looks like a team that has just been running within the circle of underperforming teams and high performance teams, they are just leaving the dream of Championship league that want to stay in the Premier League, perhaps maybe next season they will turn up well because this performance is very bad.

69  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: April 28, 2024, 09:54:52 PM
Although Bayern Munich can not be underrated because they can also do the undo, they have the experience and the players to make that happen even if their performance this season is not that good. Real Madrid still needs to be carful but they still remain the favourite for this match.

Real Madrid have high odd of winning the Champions League than any other teams because Manchester City are the toughest team I fear the most and now they are out and I'm not sure Bayern Munich aren't good to that standard, so I think they are good to go with Bayern Munich and even in the final, any team that comes their way in the final will be gun down, be it Dortmund or PSG, Real Madrid has sealed this one in the bag.

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Do you think that Mbappe can do it all alone or can achieve that with the current squad in the team? I don’t think so because when they had Neymar and Messi in the same team, they couldn’t win the champions league trophy. He can try but I can’t see the high possibility of him winning it, he’ll have to try with another team maybe when he joins Real Madrid next season.

I hope you remembered how he changed the world cup match between France and Argentina, he didn't did it alone but he was able to produce 3 goals in the final. I don't think he should be overlook because Champions League is what he has been dreaming just like the World cup, he can surprise us with goals but I'm very sure that Rudiger will have a way to mount him down.
70  Economy / Gambling discussion / Re: Focus on how much you may lose and not only the potential win. on: April 28, 2024, 09:25:52 PM
But if you do that, you won't have the privilege of enjoying your gambling because you're spending your time worried at the back of your mind that you're losing this (what you could be losing at that session) much. For me, it's better off if you don't think of what you could lose and what you could win, focus on what matters at the moment which is the game that you're currently playing, you can't change the outcome if you think or worry about it, just do what you have to do and worry about the consequences later, the it's not called a hindsight if you do it along the way.

Managing the amount you want to risk to bet doesn't change anything, it's more like looking out for the amount you can afford to lose any of your games that you want to wager or bet on because your stake size doesn't determine if you are going to win or not and the amount you lose can't be recover that is why you must manage your risk, manage the money yiu can let go and make sure it's not a borrow funds so you don't have to run hecter for a way to pay back.

I fact, if you focus on how much you will lose, you stand a lot to gain. Imagine you have an option like today match where Manchester City against Nottingham and they gave you an option of 1.7 odds and that means that anything you stake on that game is will give you 70% of what you staked and you then focus on that percentage you will gain, you refuse to look at what if Manchester City lose because football can happen anytime and any team can lose. If you bet your house rent and refuse to think about the money used, you might regret later if Manchester City should have lost that match.
71  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: April 28, 2024, 09:12:53 PM
Honestly this "racially attack black players" thing is getting out of hand in Spain, we all remember it was done to Vinicious Jr. and it was even said that Vini could leave Real Madrid just because of that. If these fans are not worried about doing it in front of the TV where they are all recorded and they know that nothing will happen to them if they do this with 50 thousand other people and 20 cameras taking their shot, then imagine what they could do when these players are all out on the public and there is nobody taking their video.

Racism is a big challenge in football, not only in Spain is this bad behavior practice, Italy is one the place where they practise this 16 generation behavior their forefathers left behind and unfortunately, the fifa isn't doing anything to eradicate this completely because even the club aren't helping, they will rather allow their fans bully a player because of his skin difference that send such player out of the stadium because they feel they would lose customers and wouldn't be able to generate any revenue.

Isn't this concerning that Real Madrid fans doesn't hate Vinicious for who is but other teams fan base are just toxic irresponsible people are always the usual ones. Even the referees aren't different most often.

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Spain has to do something about this racism because if this keeps up then slowly but surely we are going to see black players not preferring to go to Spain and Spanish football will take a big hit due to this problem. I am sure Spanish people are great people, but when it's about football, they turn to mad men.

You want Spain to have a sleepless night? Everyone knows how irk racism is all over the world, I just think that there people in the system that just love the behavior else this nonsense would have stop many year ago. If in the future they don't stop, they would have to play their leagues on their own and many of this back stars will go to places where they are appreciated especially places like Saudi Arabia that is dying hard to get recognition in many part of the world.
72  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: April 28, 2024, 08:43:12 PM
This week, only Arsenal and Manchester City managed to win the match. Liverpool, Aston Villa, Tottenham and Manchester United who were ranked 3rd to 6th had to lose points. Arsenal still leads the standings with a 1 point advantage over Manchester City, but Arsenal is still not safe because Manchester City has not played its postponed match.

I haven't check the futures until I saw your comments and you are right about that, it seems most of the teams that needed this points in this interesting times are the ones that aren't having it, only Manchester City and Arsenal are still in form but both of the team were on the brick of losing their matches today. Arsenal had a 3 goals leaded only to conceded 2 later and Manchester City almost fell out from the hands of Nothingham if not that they couldn't maximize their chances.


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Arsenal's next three matches are against Bournemouth, Manchester United and Everton. Meanwhile Manchester City have to face Wolves, Fulham, Tottenham and West Ham. I think Manchester City has a big chance to take the top of the standings from Arsenal in the next 3 matches, of course only if they can really win those three matches in a row.

What is sad about this remain matches is that even though Arsenal win it's rest of the matches, they will not win this league because Manchester City will be ahead of them by 2 points if they equally win their remaining matches and the outstanding match. Unless City lose one or two matches, there is no.way for Arsenal to win this Premier League this way.
73  Economy / Trading Discussion / Re: A trader lost over $1 Million + on Binance Future trading on: April 25, 2024, 05:09:15 PM
It all depends on what kind of deposit he has. Maybe for him to lose a million is the same as for you to lose 10 dollars. And I assume that this million is not his last and he still has at least 10 million. So he still has the opportunity to continue trading and return the lost money.

He doesn't has no shit than that money. He has nothing left other than that money with him perhaps I should give you some back of the story.

He has a total balance of a million dollars and he was greedy in my opinion because if he strategies his plan very well, he would make more without doing leverage but instead be chosed the shortcut that burnt his hands.

If you read through this page, there were some news that Coinbase is going to list pepe but then it was rumors then and he decide to play the game by opening long position to close on the news but the market moves the other way and he got liquidated by 100% which is abnormal and then he went and cried on Twitter how he had nothing to start from and Binance help him to rectify the issue by reducing the liquidation to 85% and he got back the rest of PNL on his wallet.

I just think he was reckless and greedy but I think it's a good thing that a scape goat exist among us so other people can learn on the dangers on leverage trading.
74  Economy / Trading Discussion / Re: Trading Leverage on: April 25, 2024, 04:51:35 PM
In life, leverage is good as it helps to help us accomplish a goal faster. But in trading, leverage in trading is clearly a bad deal. It messes things up for both the traders and the market. So my question is why do exchanges still offer them. They keep pushing it to traders like favourite snack?

Leverage trading didn't start with crypto trading, I don't understand why we see it as big deal been utilized by exchange. We have leverage and margin options on brokers that provide forex trading to many customers and they are satisfied. The only problem here in crypto is that a lot of exchanges knows that traders love high leverage because they are too greedy that's why you see leverage as high to 25x when on brokers you will see a max of 5 to 10x on regulated brokers.

We still have some leverage exchanges thag provide as high as 125x leverage for traders to use and when you check those exchanges, you will see activity of traders going on live, this is to tell you that many traders love gambling on leverages rather than doing normal trading, so don't blame the leverage platforms, blame the people who go their to trade.
75  Economy / Trading Discussion / Re: Best Exchanges Nowadays on: April 24, 2024, 09:33:30 PM
Used to be super active but got burned by most of the old closures (Cryptsy, btc-e, Bter, etc), so where is the best place to trade nowadays?  I have a Coinbase account already along with Kraken but not sure of other options that may be better.  Thanks!

If you want to choose an exchange, you need to consider your location. For instance, you don't really need Coinbase if you are not from US because it's a united state trading platform and they have limited nomber of trade. What you can see in many exchanges, you wouldn't see them on Coinbase that's why country matters. You also need to look at the jurisdiction selection, some exchanges doesn't welcome some exchange into their country, so if you are one you need to be observant of such when you want to select an exchange.

You might also want to check the liquidity, there are some exchanges that you can't trade 500 btc without affecting the price of Bitcoin and there some that even if you trade and included them in a market order, it wouldn't feel any pressure, so as you go for your respective favorites exchanges, try and look into this as well.
76  Bitcoin / Bitcoin Discussion / Re: World Of Crypto Has Changed in Last 6 Years. on: April 24, 2024, 08:36:02 PM
u have to pay taxes and lots of it
Governments are cracking down on exchanges and regulations etc.




in one way it does prove crypto has value and here to stay
There is more adoption going on. Slowly but it is happening,.


Do you think all this will make people to drop out of crypto and leave it to the people who have high wealth only?

Or will the average person still stay in the markets?

but its too bad that the powers that be are making it difficult





ur thoughts?



There is one thing in life that is constant and that is change, it will happen whether you like it or not, it's normal because without changes there wouldn't be growth.

You see about those taxes, it varies. There are some countries that are crypto friendly and yet they don't tax their citizens because they don't know what the future holds for now if they will accept as it may benefit the economy or not. However, there are some countries that are tax-friendly unlike the US and some other regions that are strict with crypto regulations. I hope you know that some of these people introduced high taxes to just discourage people.

As for the exchanges, not like I'm in the support of government, some of these centralized exchanges are known for dubious activity, many of them have stolen customers funds, loaned many of them out and also used the remaining for their own careers and when the customer want their money, they file for Bankruptcy, isn't that pathetic and fraud, sometimes government need to put things in order.
77  Bitcoin / Bitcoin Discussion / Re: Will the number of new investors reduce? on: April 24, 2024, 08:22:21 PM
The halving was a major event that attracted many new investors to bitcoins, some started investing seriously some months to the halving just so to make some profit from it.The halving was what attracted them, but now that the halving has come and gone, do you think that the number of new investors will reduce for the now until the next halving is close again?

The halving is not what attract them rather halving was a signal for many investors that "yes" it's about time for that 4 years money from crypto which is always the bull run and we haven't seen that yet. You should have atleast experience one in the last bull run when Bitcoin was printing money for many people that bought Bitcoin when it went down to as low $3400 to $69k before making a huge correction.

People will not give lose interest even as the halving has not started yet because when Bitcoin want to make a mad move, your eyes might be open but trust me, you wouldn't see it coming, many people don't see it coming and this is why is good to have small of Bitcoin in your custody so you don't have to run after the bull run of Bitcoin but open your eyes clearly for scams, this is the period you want to avoid clicking some links on your devices.
78  Bitcoin / Bitcoin Discussion / Re: What will Happen to crypto market after Bitcoin halving?? on: April 23, 2024, 08:19:59 PM
According to history and recent Bitcoin halving the crypto market will witness a dump it might be massive dump before Bitcoin moves to its all time highs (ATH) having known this from my knowledge has a crypto trader I am expecting a dump at $70k to $72k soon which will cause massive confusion in the market for the newbies, from my point of view alot of newbies will make great Mistake by buying at the wrong time, alot of people come to crypto market with a get quick rich scheme which is wrong because Bitcoin or any other crypto related asset are for long term portfolio which makes it strange for newbies to understand in the market so in short what alot expect will not occur now but later so keep and eye

Bitcoin next move looks confusing right now and also strange but I hope it's for the best interest the community. I have studied the last two bull run and try to compare it with this current one and the results I'm getting is a bit off from the previous all time high. Is this a trap or more diamond hand resistance to selling, I can't tell but all will be conclusive after we broke resistance of $74k.

Bitcoin has something few people understand, the time you expect it to happen, it doesn't do anything then until when you don't see it coming but right now, a lot of people now want to see Bitcoin to the same thing they all wanted and it's making people doubt the authenticity of this bull run that's why the price is been choppy anytime it tries to break resistance and support.

I just know that for Blackrock to invest billions into Bitcoin, they are not stupid to watch their investment go down, they will protect it and that's why they are even advertising Bitcoin ETF on wall street website to bring much people in this bull run. It's Bitcoin make a new all time or it makes a new all time is the only language they understand so keep your Bitcoin close and don't sell.
79  Economy / Economics / Re: Young people are less likely to accept traditional employments in this era! on: April 23, 2024, 08:10:35 PM
As someone from the generation born in the 90s and 20s, it would be a shame to only rely on traditional jobs to earn money. Now that the internet has spread to almost all corners of the world and we have seen many rich and famous influencers come from rural areas, well, this is a privilege that many people can enjoy when the internet has reached the whole world.

Have you ever had the opportunity to work with a presidential house before or have you ever had a chance to work as a politician before? OK let me come down a little bit, have you ever had the chance to ask how much a senior petroleum engineer earn per annum? There are some physical work that just take 101% of your time and you hardly have time to do any other things, and they are well paid for their time and bonuses that even online can't give them, so change your orientation about physical work, not everyone earn penny doing physical work.

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However, not everyone has the talent and destiny to make money online, there are also many young people who, even though they have worked very hard, are destined to work in a company. But to learn any skill, it's very easy now, it's even widely spread on YouTube.

How many people are making money legitimately online other than doing gigs and doing content creation, they are just few. I believe if not for forum that some here learnt some Bitcoin technology and other ways of the forum, I'm very sure that many people here hasn't earn money online before, they just face their physical work but because here exit, they spend sometime here and get paid some change to settle little bills. Not everyone can do online no especially when you don't have the skills except if you want to work remotely if giur job requires you not to leave your house.
80  Economy / Economics / Re: Also consider your mental State of health while investing for wealths. on: April 23, 2024, 08:01:33 PM
Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.

You know a lot of people that are wealthy and people that are looking for a way to be healthy, they porsue money and neglect the abnormal condition within their body system. You see, the human body you are seeing has a way that it does a self repair but their are some conditions you don't have a choice than to support the self repair with some medications and in some rare condition, you have to replace it and the only way to know about this is proper going for check ups but a number of us ar guilty of this, we don't go for regular check ups.

If you check this forum, we have a lot of people here that are guilty of this as fuck, ask them the last time they went for check up and they will tell you they have no idea but meanwhile they can spend atleast 2 hours here a day when the time with your personal doctor wouldn't exceed an hour unless when you have a vital condition that requires special attention. Health is wealth, we need to take that seriously.
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