Total goals: 29 First goal: 27'
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Most users often misquote having bitcoin in your wallet for a very long time probably a couple of years as what the concept of Hodling is about only. However having some bitcoins in your wallet for just a short period of time even as low as a minute can classify you as a holder.
I don’t know where you get that concept of having to hodl Bitcoin in a wallet to categorically classify you to be a hodler but, I would say you should refer to the word “hold” using a more crypto centric term which would be “hodl” which translates to hold on for dear life. You don’t hold on for dear life in a minute. In fact, your just a channel a pathway through which, a transaction is been done. Having to practices the act of hodling, it’s you involved in long term storage of Bitcoin in a non custodian wallet, cold wallet or whatever means you might deem safe to use. You have to by a great length of time contribute to its scarcity. Did bitcoin adoption really bring about people trusting bitcoin even in dips?
Bitcoin is yet to get a wide spread adoption so, it’s difficult to really consider it in this context which is more about a mainstream thing. Although, I’ll say, the more people get yo discover and rediscover the currency, its persistence despite critics has earned it it’s place in our world. Well I'm not talking based on instincts here rather I'm talking based on the origin of the word HODL. Now Gamekubuyi was the first person to make use of that word before it became very popular. If you use the forum search tool to pick up that post and read through it, he wasn't talking about hodling your coins for a period of say "X " years or months. However his point was own some coins and talking about full ownership of your coins you are well aware that those coins mustn't be on an exchange of any kind whether centralised or decentralised. HODL was just a mis spelt word which later came to stay in the crypto space. Based on. The context of Gamekubuyi's usage of the word, he had those coins sitting in some wallet which he had the keys to. Hold on to your dear life is more of a made up meaning for HODL by bitcoin investors.
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This is one of the reasons why people become addicted to gambling. I live in a poor country where the minimum wage is less than $50. It is not secret that the rate if gambling is one of the highest in my country and I think this is one of the reasons. A person can win more than their monthly which is equivalent to the minimum wage in less than one hour by playing a slot game or any other game. Op I get the reason you are saying this however I still don't believe that poverty leads to addiction or that poor people are the highest percentage of gambling addicts. Rather I'm of the opinion that addiction leads to poverty. If you'll agree with me , there are gambling addicts out there who are rich persons still just like there are also poor people who are addicts. Addiction is simply the result of poor gambling habits and practices. Let's logically analyse the fact that a genuinely poor person may not even have the funds to stake in gambling bets and games. Even if they do due to some nasty addiction, they is a high likelihood that they were in a better financial state previously before their addiction. My point is whether poor or rich, addiction is something that can affect any class. It's just a matter of stacked up poor habits.
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Though currently I'm not a Mac user, I'll say based on my experience so far, Mac has really been relatively more difficult for hackers to compromise compared to the windows software with lots of vulnerabilities. In fact no OS is totally say , as I read in some detailed article sometime ago, even Linux Ubuntu OS has a boot vulnerability that allows hackers to access the pc via the boot log process.
Anyways +1 op for sharing this as it would create awareness for Mac users here on the forum. As for the malware, many users who get infected with these malwares are those that do not get their software from the original and legit sources probably because they are in search of a cracked version that they wish to make use of.
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It just get to me that Binance exchange seized Palestine crypto assets on it's platform, this just prove to me that no fund is SAFU no matter who you are, and I think you should feel the same way too, stop leaving your funds on any exchange, small or big it doesn't matter.
I think the situation of people storing funds on exchanges has been so much of a discussed topic that majority should be aware already of the risks and this quit the act. However that doesn't seem to be the case. Funny how some people even upon seeing this news still would pay no attention and still leave their funds sitting in some exchange. The fact is these persons literally have some reasons for still keeping their coins in exchanges some because they are crypto traders and their exchange offers crypto trading services, some because they are P2P vendors and transact constantly with different coins thus an exchange makes it easy for the to convert seamlessly between different crypto currencies with little fees. Some on the other hand are either to lazy to store their seeds and keys by themselves or they simply are not enlightened about the dangers.
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Every just dances around the fact that scrypt with LTC and Doge is better than BTC for long term sustainability. Doge endlessly prints 10,000 rewards to satisfy miners and does 10x the blocks plus at the same time it endlessly reduces its rate of inflation every year. It is ridiculous that people don't get the Doge is next to perfect for p2p. Who wants to pay 1 btc for a nice car only to have 1 btc become valuable enough to pay for 10 cars. And LTC as a closer mirror to BTC allows for rarity of a coin. Basically like BTC does. So I simply say what can BTC do to be better than LTC/DOGE I am a POW guy but all I see for btc is a reward/fee issue in 20 years or less. I see an algo that is being used better for p2p and small wealth accumulation in Scrypt. ahh but what do I know not much. At the op your idea is different to a certain degree. But how is it better than scrypt?
Let's just say bitcoin was a breakthrough to the world of digital banking and thus crypto currency at large. Bitcoin really has huge impact on the whole crypto currency ecosystem. The fact is people really didn't think bitcoin and crypto at large would go this far until around 2015 or so when bitcoin began to show great bullish potential. Many people during the early periods of bitcoin's launch around 2009 to 2012 either got their bitcoins from mining since mining was very profitable back then or they simply got it from a giveaway. Many persons literally gave out their coins as easy as they got it. A majority of crypto currencies out there make use of POW some literally copied the concept from bitcoin's code. However it's simply a safeguard to the network to prevent faked bitcoins from being spent on the network since every mined coin has a unique time stamp and origin.
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Hello folks, I am in the UK using an android smart phone (not that smart), installed the app etc, when I go onto youtube , to look and learn, it seems to me, everyone on the planet has a different wallet layout, ie, I have no Sell, no Cash out, support said Coinbase is unable to offer cash currency wallet services such as cashing out. Since you can't add a bank, you can sell your crypto for fiat currency using PayPal. If you prefer not to use PayPal, you have the option to send your crypto to another exchange. How am I supposed my money. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Thanks for any advice Op your whole writeup is quite vague. I had to read it several times before I could get a glimpse of what you were trying to express. Firstly Op coin base may not be available in your country or probably their being restricted to offer certain services in your region. Similarly to how one of the biggest centralised exchanges binance is available in Nigeria however they don't offer P2P services in Nigeria. If the funds you have there are in fiat you can consider moving it to another exchange or banking app in your region. If the funds are in form of coins probably bitcoin, you should consider moving them to a safe wallet where you have control over the keys probably something like ELECTRUM if it's bitcoin. Also if you wish to swap those fiat for a particular crypto currency like bitcoin you can do that here on the forum with a reputable member.
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Altcoin Run swings are much, much wilder than Bitcoin swings. Altcoins can drop by 99 percent in a matter of WEEKS. Bitcoin has never had such a drop and most of the harder ones have recovered in relatively short time span. Altcoins usually stick to the bottom once they drop. Bitcoin does not. It is like a ping pong ball put underwater and let go. It dips and then bounces out of the depths of the water.
So yes, us Bitcoin users are pretty much there for it even if Bitcoin dips. Because we know it will eventually bounce back, most likely. Although I would argue we are kind of silly for believing so, considering it is still kind of new around and unexpected turns of Events did happen before. But I am happy with Trusting Bitcoin and its future. After all, if ultimately even Bitcoin fails, then my hope for a better future of humanity is honestly to drop to about zero. Bitcoin is one of those last strings of Freedom for me.
I guess you've pretty much said it. Although bitcoin is volatile too just like other crypto currencies, it has been a better store for value overtime than many altcoins, shit likes and meme coins. Bitcoin has much adopters including whales which pretty much affect the price of bitcoin indirectly. Based on simple market economics, many altcoins out there have low adopters out there and so when their prices liquidate, there are no potential investors available to assist the price to either resume the bull or prevent the coin from dropping below a certain price. How possible is that?
Lol like I said in the OP, many py really don't get the concept of Hodling. Did you know that having bitcoins in a wallet which you have full control over the keys for the slightest moment can be classified as hodling? Though it's very short term. Owning bitcoins alone classifies you as a HODLER as long as you have full control of the wallet keys.
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So, has anyone been experiencing something similar, like never betting on a tennis player, never betting if his team is playing against San Antonio Spurs or Villarreal, or avoiding completely a league like the Belgian Pro League because overall you always lose on those matches?
Which one is your cursed team when it comes to gambling?
What I does is that I completely avoid some team that doesn't score to my expectation like if making selections and I noticed that particular has matched to play I wouldn't include them in my selection to avoid further lose, although it could be that they are my favorite team but I don't mind during gamble because when lose there is not way were that team would reward you for being loyal fans so, while gamble I don't mind betting against my team for that very moments. That's a fact though. Every gambler has a team they don't like especially because the usually lose bets on them. Sports betting is almost fully based on luck and like some persons would say, luck may not shine on you all the time. People have their different ways of predicting the outcome of sporting events and sometimes this doesn't just cut out right for some teams. So teams are more like unpredictable and the moment you speculate they'll lost a game, boom the hit a win . However I don't fancy the idea of betting on a lost cause. Some persons place bets on teams they know deep within them would not give them a win hoping they would win the bet just because it's their team. I am of the opinion of staying clear instead of placing a bet against your personal team of support if you do not wish to.
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I have been thinking about raising a thread concerning this. However I think I'll just spill some here. Let's start with bitcoin transactions well currently I'll say fees are ok and as good as new compared to periods of early this year and late last year. Lol I remember vividly the time transaction fees were so high to the extent that averagely fees were around 11- 15 sat/byte. Now concerning the bitcoin bull, I don't really think that bitcoin will be hitting the $100k mark anytime so soon or rather this year. It's definitely going to take a while based on some certain price movements this year. If you can recall vividly, bitcoin hit the $78k mark recently this year which was the major bull price I speculated this year . Anyways hitting a 100k would be nice though I don't see it too soon this year.
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Generally, when it comes to the crypto space especially in the concept of Hodling coins, crypto holders and enthusiasts often anticipate bulls and almost no one wants to see a dip in the crypto currency of his interest. Yeah yeah , every one sings about hodling however some persons in-depth don't fully understand the concept of Hodling so I guess I'll start this discussion with that.
Most users often misquote having bitcoin in your wallet for a very long time probably a couple of years as what the concept of Hodling is about only. However having some bitcoins in your wallet for just a short period of time even as low as a minute can classify you as a HODLER. The concept is actually the fact that you having some bitcoins in you possession ( with having full control over the coins ) makes you a HODLER . However having those coins on an exchange doesn't count as hodling since you don't have total control over it. Now bitcoin for a very long time has kept up with it's bullish trend unlike many volatile coins out there. For most coins people panic when in dips however in the case of bitcoin people don't panic when it comes to hodling bitcoin. That brings us to the big question;
Did bitcoin adoption really bring about people trusting bitcoin even in dips?
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I would want to know if there are any mall, such as eatery, supper store and shopping center within the state? This would help us easily locate one. For instance in PH-city or within Umuahia. Most time I am getting messed up with cash so due this p2p stuff and i think is the right we look for another alternatives to spend our coin without even looking out for exchanging them directly to p2p providers.
This is more like a thread to discuss the happening places that accept bitcoin with the State/county.
It seems like many of us are not getting the point here. Currently cryptocurrency is more like illegal in Nigeria and that simply means that transactions made with bitcoin or any other crypto currency irrespective of if it's P2P or just a normal goods or service purchase is more of illegal. That's one of the biggest reasons why crypto currency payments aren't popular in Nigeria. Take for example you set up a shop publicly accepting crypto payments, you may get shutdown by the government depending on certain factors. Another reason crypto currency transactions aren't too common in Nigeria is because payments in crypto is hard to come by due to low adoption which still owes to the government. Crypto has a wide audience in Nigeria though a majority of them are being held back by governmental restrictions and removing those restrictions will allow a breakthrough in crypto transactions.
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Hello, from various information sources, by summary concludes the current seed phrase storage as best: 2 of 3 multisig. My understanding is a seed phrase will have 24 words. These 24 words are then engraved onto 3 stainless steel hexkeys, so when 2 of these hex keys are brought together, the 24 words are revealed. Then the user needs to enter the passphrase to fully recover the wallet. So, is there a cold wallet with the software to make the multisig, as I don't know how to 'split' the 24 words into the 3 engraved stainless steel hexkeys?
Op if you are talking about an offline backup most times referred to as paper wallet backup, you can split the seed phrase into 3 places or two places depending on your preference anyways you have to make sure that in the course of doing this the seed words are still arranged serially like in your wallet creation device. For bitcoin the seed words is defaultly 12 words though you can extend them with custom words or even increase the word count to about 18 or 24. Anyways I personally don't fancy splitting the seed words because of the idea of misplacing one of the combinations or worse mixing them up. As for hex it's more of a private key thing and no one would want to go through the stress of engraving a master key on steel. Besides that all keys are generated from the seed either directly or indirectly.
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Thanks for the opportunity to work with you. My post count was 1116.
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Yes but atleast on 1m candles 5m is preferred This one yoh sent is like 5 or 10 seconds
Maybe you can request a longer time frame to bitwinup. As far as I know, they have plans to add more frames. Yea from the last time I checked the highest timeframe there at bitwinup was 50 seconds which is close to or literally could be likened to a 1m candle in op preference. Yeah that's something most people would like to bet on. However It would be easier and better for someone who has understanding about trading (preferably crypto trading). This is because market movement isn't something to be guessed but rather it has to be predicted based on understanding of market structure and even experience in the crypto market. Many traders study a concept which is known as candle stick pattern which enables them to closely predict the movement of the market and also the next candle stick to appear. Betting on candle sticks would be fun for some traders however similar some may not show much interest in it. However it's a nice concept though but currently haven't found many casinos that offer it.
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Both gamblers and casinos lose when it comes to gambling however gamblers lose more often than casinos do. well it's something that's quite obvious because if you come to think of it if casinos lose too often than gamblers do, they'll likely end up going bankrupt or suddenly close down. Casinos and betting firms have their way of regulating their losses and even the losses of gamblers too. This is because if the gamblers too are made to lose unnecessarily, they will gradually begin to lose customers and still they will go bankrupt. As a responsible gambler, one has to make sure that he's playing the right game that he understands to avoid unnecessary losses.
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Using different passwords, is a good thing and the best way to maximize the security of your passwords. What most people fail to understand that the human memory is due to mistakes and sometimes when we don't often make use of a particular term in this case passwords, it might mix the whole thing up. So we tend to forget. This is another reason why I don't advise brains wallets at all. We can't always rely on our memory as it sometimes fails. Using password managers is the best method to store your different passwords as well as increasing the security of your passwords.
Yeah managing passwords can be difficult sometimes. Passwords are used in almost everything that concerns funds or any stuff like apps that carry private information. Sometimes people find it difficult to secure their passwords because of the fact that they can easily hit generate passwords on their chrome browser when the login to website and web apps and then Google automatically saves the passwords for them. However the truth is it seems to be safe and easy but it's a hell lot of risk as if your Google should be compromised you literally put all your accounts without 2FA at risk. Well I'm not surprised that the Blockchain isn't based on passwords rather it uses seed phrases, because if not wallet hacking and brute forcing would be the order of the day.
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Firstly starting with the responsiveness of the pages, it nice however you have to work on the russian language issue. When you boot a page It loads up in russian language at first before changing to English the issue is more noticed when you make. Use of a slow internet connection. In addition my browser displays that the page was translated. Fixing this will make the loading page more smooth especially for English- only readers. Secondly your image previews are made only in Russia including your telegram bot which doesn't have a menu button. You should consider adding a menu button to the telegram bot since as of the time of me writing this, the bot does nothing but redirect you back to the website. If possible , integrate the bot to be able to be linked to a users the change account with special verification details. With the bot the user could get notifications about actions on his account as well as transaction notifications. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2024%2F08%2F23%2F7gxZf.jpeg&t=665&c=k_Vj9Q90_eHNgQ) As you can see above all image previews on the bot are in Russian. Also, you should look into your feedback on network fee.s just like it displays on the bot above, a dummy fee of 2BTC repeats for any exchange initiated. Also reducing processing time as much as you can would be nice as everyone loves a fast transaction.
bech32 address: bc1q2ywtv2678egt2w85tugsk60jpvy4jz543lwds5
I'll update if I discover more suggestions or errors.
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I bump this topic because I still consider it important, and would like to read more about "safe" KYC methods.
Nice One d5000. Another possible way is transaction authentication wit a random amount. This method is quite ok and I've used it a couple of times. For this method the verification service generates a random unique amount let's say a small but unique amount like $0.23 or $1.17. Then the user initiates a transfer of the exact random amount from their bank account to a particular given account which would be provided by the verification service. After that the verification service can then proceed to check the transaction details, ensuring the amount, sender, and recipient match. The user then confirms the transaction, either by logging into their bank account or through a secure channel. To a nice extent this method method makes it harder for attackers to use a stolen bank account because the random amount would be difficult to guess the transaction would require the interaction of the user and the verification service checks multiple factors and necessary details like (amount, sender, recipient, and user confirmation), this adds an extra layer of security.
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Bech32 address: bc1q2ywtv2678egt2w85tugsk60jpvy4jz543lwds5
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