I guess you don't know Dutch houses: they have large windows, are built close together and don't have much distance from the sidewalk.
Even without such houses, I believe there still needs to be a level of paranoia when operating Bitcoin things. I have seen drones flying above my neighborhood before. Strangers creeping over windows or the fence too. People creeping on to my screen. Don't you guys use blinds or curtains? Blinds, curtains, rolling shutters half opened, but the only solution is (in street houses) to go the second floor  , I myself can't tolerate the noise in some of them. It's the same thing here in central europe, older houses had the wall on the street, no garden no nothing so basically your window is much like a McDonalds drive through, of course the farther your go from the center the less noisy they became but I still wouldn't be able to live in one. I know an old house a family friend rented for 2 years it that was so badly redesigned that if you didn't have the doors closed you could see the toilet seat directly from the window! But once you hit the rural areas, that's where 2 meter wood steel/concrete fences are the new reality which makes me wonder how do people live in America with that lawn up-front every stranger can just go and have a pick nick on it. Even without such houses, I believe there still needs to be a level of paranoia when operating Bitcoin things. I have seen drones flying above my neighborhood before.
This kind of drone? I can already see the new real-estate ads, "apartment complex has own pool, playground , and is protected by its skynex security systems with four dual 35mm guns! " |
|
|
|
i still laugh
funny how you use "the guardian"
https://www.scmp.com/economy/economic-indicators/article/3248695/chinas-population-falls-208-million-14097-billion-2023-births-tumble-adding-demographic-concernsSouth China Morning Post , owned by Alibaba Group that got axed and taken over by the CCP. You try to laugh Franky but it's not your laugh! I know real data that proves you wrong it makes you bank your head against every brick in the great wall of china. Oh wait, how about we go straight to the source: https://www.stats.gov.cn/english/PressRelease/202401/t20240117_1946605.htmlBang bang bang! By the end of 2023, the national population was 1,409.67 million (including the population of 31 provinces, autonomous regions and municipalities and servicemen, but excluding residents of Hong Kong, Macao and Taiwan and foreigners living in the 31 provinces, autonomous regions and municipalities), a decrease of 2.08 million over that at the end of 2022. In 2023, the number of births was 9.02 million with a birth rate of 6.39 per thousand; the number of deaths was 11.10 million with a mortality rate of 7.87 per thousand; the natural population growth rate was minus 1.48 per thousand. funny how you dont realise how the demograph that are in the "settled, married ready to have kids" age range.. are the 27yo+
meaning born in mid/late 90's and brought up as millennials indoctrinated that when they become adults they will only have 1 kid
Lol, so you don't see the slippery slope here? If those got indoctrinated like this how are the kids nowadays not be indoctrinated since everyone around still has just 1 kid despite the laws not stopping them?  im using stats from source. you are using western media conclusions based on eastern media conclusions without understanding the underlying data Why are you not mentioning your source? Because you know that's a projection! How the hell is 2024 CURRENT and not a PROJECTION! And you till haven't explained how half 5% decrease in births is making the fertility rate go up! |
|
|
|
But you can stick with that if it helps you cope.
It's not about coping Phil, it's about seeing both sides, you look for a pattern I look to see if that pattern is not broken for weeks in a row. In my last post I mentioned that we had 103 in 24 hours: https://blockchair.com/bitcoin/blocks?q=time(2024-01-16%2011:50:23..2024-01-17%2011:50:23)) At that time feebudy was saying this: - fastestFee: 58 sat/vB
- halfHourFee: 51 sat/vB
- hourFee: 47 sat/vB
- economyFee: 47 sat/vB
- minimumFee: 24 sat/vB
103 blocks after a previous day of 135 blocks: https://blockchair.com/bitcoin/blocks?q=time(2024-01-15%2011:50:23..2024-01-16%2011:50:23)) and only 58sat/b!!! But then you have a thing like this:  with 6 blocks in 2 hours and 10 in 3 hours, that's 50% of the capacity and you finally got fees up to 80sat/b. So how much of the variance in fees and big fee blocks is just really bad timing between blocks and how much is average fee increase? Also, I would like to point a thing you're forgetting in this hashrate turn-off: Latest Block: 826242 (3 minutes ago)
Current Pace: 95.2916% (1699 / 1782.95 expected, 83.95 behind)
Projected Epoch Length: between 14d 16h 11m 28s and 14d 16h 36m 6s
You're going to mine more for the same reward, although your 5% is now out of 95% because the network has lost that hashrate it's not going to be 144 blocks per day but also 138 blocks per day for 15 days, it's not a real gain, it's just like a competitor has gone out of business but he has taken the clients with him also. Also when you look at block rewards, it's not like every spike is triggered just by traffic, there are cases like this: https://mempool.space/tx/254115f95440409f70a1b93d3870712d4c0a3865fef4d1d86542ac96be18e081This guy paid 616 sat/vB , for sure it's not about the next block fees sitting at 80sat/b so it would be far more accurate to think these guys would have anyhow paid a ton more, even with fees at 20sat/vb. Back two weeks ago and next blocks fee was 30 and this guy overpaid 48x to 1,501 sat/vB. https://mempool.space/tx/b9b4bc87c93bb06bacf1980c2a9fa07ff149ada6981ec496e52dc887697c9788So when looking at the fees should we not consider what the real floor increase is and not how influenced is by somebody like Binance consolidating and paying 240sat/vb for half a block worth of space in one day? So how much for these fees is actually because of the congestion and some inscribing monkeys at 4 times the price? |
|
|
|
- assuming on average 2016 blocks per two weeks --> (2016 times 26) divided by 12 equals 4368 blocks per month on average
You actually went though multiply and dividing rather than go straight for 144*30? Such a miner would need a mining farm of ~865 (121,108 divided by 4368) of such devices and as cheap as possible access to power delivery of at minimum 2.6 MWh for the ASICs alone (not accounting for power losses of distributing the power internally, operating the mining farm facility, cooling, ...).
He would need the same if he would be mining in a pool, yours till need the same thing, asics, power, land, technicians, there is no difference in it, the only difference would be like for for a farm to sell it's products to a chain of grocery stores or do it themselves, all the manufacturing process is the same. That's serious business and investment for one block per month on average and I'm already assuming ideal operating conditions.
Let's replace your 865 S19 with 605 S21, that would be 2.4 mils but you're looking at 7.364 BTC (last block revenue per month) Now you could get that hashrate and mine at Viabtc and get 0.00000198 BTC per th/s so 0.23979384 BTC a day, 7.1938152 a month! See? No real difference in revenue, it's just that it won't be a daily payout and you risk both getting a low block fee but also hit the jackpot. You can make that a block every two months or a block every one week, the revenue and investment model is the same! It's all about how deep your pockets are! |
|
|
|
Trying to buy BTC with exchanges it's becoming annoying, banks block transactions, it's just annoying.
Which bank blocked you to what exchange? I find it almost incomprehensible the story on how because you had trouble buying from a CEX you resort to buying shares with a promise of ..unicorns! MicroStrategy can go belly up tomorrow, they might disclose two months later in their filling that they've already sold half of their coins, they might get hacked, they might get sold, and even worse if Saylor does what he did in the past you risk the whole company to be delisted! So why  In fact I would trust Saylor more than an ETF, since this guy is an actual bitcoiner, unlike Blackrock and co.
You do what? https://twitter.com/saylor/status/413478389329428480?lang=en He is in for the $, once there is no more opportunity for better returns than the stock exchange he will dump his load on the faces of his believers, get the cash and let them figure out how they've been again tricked by a wannabe messiah! |
|
|
|
though you foolishly didnt use fertility nor birth stats.. ill ignore your mistake.. its self evident where you went wrong (you used a stat that included census data of population+ death stats, like elderly excessive deaths due to covid)ill just say this and let you figure it out The fertility rate for China in 2023 was 1.705 births per woman,
The fertility rate for China in 2022 was 1.702 births per woman,
The fertility rate for China in 2021 was 1.699 births per woman,
Oh Franky what happened to your data? https://www.theguardian.com/world/2024/jan/17/china-population-decline-accelerates-as-birthrate-hits-record-lowand the CCP newspaper: https://archive.ph/DVLuGThe falling number of new babies last year resulted in the lowest birth rate since records began in 1949, with 6.39 births for every 1,000 people compared with 6.77 in 2022.
~
Amid a plummeting interest in having children, 9.02 million babies were born last year, down by 5.6 per cent from 9.56 million in 2022, according to the National Bureau of Statistics. But but but...your projections were showing these growing! Do explain to me how having 5% less babies in a year rises the fertility rate! The thing is done for, there will be no increase in population whatsoever, every single country is going under, it's that just China thought it wasn't following the trend: https://data.worldbank.org/indicator/SP.DYN.TFRT.IN?end=2021&locations=CN-TH-VN-KR-KP-JP-ID-PH&start=1970It's a global trend, once Africa aligns itself to it and it won't be more than a decade then it's the time to drop any shares you have in companies that produce toys diapers and baby formula! China has shot themselves in the foot, and an economic recession now would definitely place them on a harder path to recovery. They should probably turn on their money-printer and risk inflation.
They can't turn it it on, it has been on for decades, just because the govemermnt isn't printing money it doesn't mean it's not printing debt for it's regional governments. There will be no magical recovery, it's just the thing that "China grew old before it got rich", don't know who coined this but he was spot on! |
|
|
|
And in the next few years it looks like LNG is going to get even cheaper then it is now. And the prices now are at 2021 levels.
I guess that even you can go and open a window and hear the screams from Kremlin, here is the usual noise almost on construction levels  Imagine that gas right now is cheaper than January 2022, so before the war by 25%https://www.ice.com/products/27996665/Dutch-TTF-Natural-Gas-Futures/data?marketId=5714606&span=3But there is a bit of crisis , somewhere else https://www.iranintl.com/en/202401100401Turkmenistan Stops Gas Exports To Iran Amid Winter Cold Remember how Venezuela was guying gasoline? Now seems Iran is buying gas Karma is indeed like a slow cooker, you wait you wait but god when it's finally done! |
|
|
|
I believe it's a good combo, since ASICs don't have to run 24/7/365. s.
What the f***? I thought many BTC miners (over 50%) got electricity from renewable energy sources.
And you actually believed that? That's why Mara bought a coal powerplant, riot another one , core one on gas and forgot their names want to burn tires for electricity! In other news Tesla cars are made with zero energy out of recycles beer bottles and they run on unicorn farts, while the Exxon Valdez oil spill was actual good for the wildlife helping penguins keep their black color intact (yeah I know there are no penguins in Alaska)Anyhow The block timestamp is set by the pool when it sends work to the miner.
Some miners can also increment the timestamp - but it is not when the block was found.
exactly that the time stamp does not match the real time. Yeah my bad, I forgot to add by the same pool in that, since we can't trust the times of two different pools I was looking for the time of two blocks mined by the same pool, since those mentioned report the time on their website to the second that would be the minimal time ever with a certain bit of accuracy. But it drops the number of instances by two order of magnitude since that miner has to mine itself two consecutive blocks. Still the minimal time it ever took them to do so would be interesting! |
|
|
|
@joker_josue So, how was that theory about 7 days of slow blocks then 7 days of fast blocks? Current Pace: 95.5666% (1578 / 1651.21 expected, 73.21 behind)
Previous Retarget: January 6, 2024 at 2:36 AM (+1.6547%)
Next Retarget (earliest): Saturday at 5:27 PM (in 3d 3h 39m 2s)
In the last 24 hours we had 103 blocks so if we would say that the hashrate went truly offline it would mean only 71% is mining right now to get those blocks, which would mean Foundry itself on whole to have shut down in the last 24h Now we need to blame antpool for this since they are the ones losing 5% marketshare. Anyhow, nice breather we got here, it was really getting weird with tens of exas over exas piling up! |
|
|
|
Thanks for the invite PREMIER LEAGUE: Liverpool, Arsenal, Manchester City LALIGA: Real Madrid, Barcelona, Girona BUNDESLIGA: Bayern Munich, Bayer Leverkusen, Vfb Stuttgart SERIE A: Inter Milan, Juventus, AC Milan LIGUE 1: PSG, Brest, Monaco TOP GOALSCORER : Harry Kane BTC PRICE: $54,321 not even trying on this one  |
|
|
|
The momentum for bitcoin mining in Africa is building, especially in remote areas where power availability is scarce.
So let me get this right, they are building more mining farms exactly here there is no electricity, because that....makes sense  Trojan Mining's plan is to become the leading bitcoin mining farm in Nigeria,” stated the company's CEO, Yassar Siyanbola.
Pretty understandable since there is only one, it's not really a tough competition, but f course at any time you can have your fam on fire so you lose even the 1 out of 1 position. Especially with the wiring and the planning trojan mining has showed on their front page, fire might be a bigger danger to their claim than an eventual competitor! You can't be a successful miner in Nigeria without having your own source of power, if all you have to rely on is the grid power you will never make your money back or it will take a very longer time to get your money back, the grid power of the country is so epileptic and unreliable.
First time I've ever heard a system being called like that, but ignoring the actual issues and how hard is to deal with the disorder, is quite funny since it's caused by uncontrolled electrical impulses. Interesting one! |
|
|
|
It’s very strange for me to hear your negativity. I have a very adequate attitude towards the United States, and while this country is the first in terms of economy, I am interested in their practice with cryptocurrencies.
No, you changed your attitude when you realized how wrong you were, first you accused them of extraordinary interest rates, then that they don't put the equal sign between a rogue exchange that follows no rule and an exchange that reports everything every 3 months and stopped when realized that you're asking exactly for what you don't actually want, the US to make all the rules all over the world! Binance didn’t just come to the US out of nowhere.
That's exactly where they came from since they actually have no headquarters. A company with a 100$ in assets, incorporated in Delaware and having some virtual offices in California, with no actual presence not even customer support in the US demands to be allowed to create a coin pegged to the dollar with no way of verfifg the assets behind it and do business in the US as every other company! The Russian community is very large and there is no law in Russia that would punish me for communicating on the Bitcointalk forum.
~
There are more freedoms in Russia.
I dare you to say something negative about the invasion of Ukraine or the deaths of thousands of russian soldieries for Putin's ego! But be careful, before you're going to jump from the 10th floor of a two floor building you might get kicked out of your signature campaign, where the rules are not allowing you to talk on the subject! MUCH freedom! SUCH liberty! Wow nonsense! I only trust statistics from decentralized exchanges because these data can be verified.
Biggest mistake as that can be faked into trillions by just a single guy with pockets 1/millionth of the volume. |
|
|
|
The subjacent is not really something new, but the technique or hook used to bait people may vary a bit from one scam case to another.
Definitely not something new! There are even more elaborate ones that follow the same scamming principle but trickier like Upgrade00 mentioned: The scammer advertises an exchange in which you can get 1000$ for free by trading, they offer a $100 play money and a 5$ that you can actually withdraw(!) once you did enough trades with the script money, but to get the other you need to make enough volume and deposits and of course, at that point you will have no option to get any $ again. I saw this one a while ago and it was targeting only users who claimed to have thsoaudns either invested, stuck in exchanges, betting and so on, and the referral code they used was unique. I got one of those "invites" from somebody who was suspicious and it id allow me to get him the 5$ but when I tried to sign up on my own there wasn't even a page for sign-up. These guys go only for the big fishes, so one hit can cover the $1000-$2000 they spend on others. There are also other scams that just go after your KYC data, they don't even care about the money, probably they are either in a jurisdiction where it's risky or they haven't had any success in it and specialize just in stolen data, maybe even including the pass and email. But yeah, the general idea, to pay $100 to get $1000 for "verification" is just dumb! LE: Oh wait, it's not just the prize money scam, they are also offering Ponzi like investment strategies:  LLE: Do a google search for "Manipulating user balances: $10,000" There are hundreds of these!!! |
|
|
|
With US oil production and a few other non OPEC countries also at or close to all time highs it's interesting to watch people still predict doom and high prices.
Natural gas is the same, production is up and storage in most western countries is way up. And prices are down.
But, good news / boring things like that don't sell clicks on news sites.
Yeah, good news don't make the headlines as people love the negatives, they love to have someone to blame, they love to throw punches or tweets at somebody else and accuse them for everything that is bad in their life! God forbid that the ones in charge make something good and useful, who are they going to accuse then for their shitty life? And when it's about energy it's also the bot and propaganda brainwashed idiots, Europe not freezing to death? Impossible! American LNG gas being cheaper than russian gas in January 2022? Impossible! The entire world not caring about whatever shit Iran tries to stir in the middle east and oil still under 80 when the same propaganda was feeding us 300 per barrel prices? They are going the almost the same way of Yamamoto, but that guy knew the industrial power of the west while he underestimated the desire of conflict, these guys clearly underestimated the economical power and their own measly economies. OPEC cuts output, no problem, US, Brazil, Canada and Norway pump more, and there is a huge player coming on the market: https://oilprice.com/Energy/Crude-Oil/Argentinas-Oil-Revolution-Vaca-Muerta-Shale-Fuels-Economic-Hope.htmlThe Vaca Muerta’s rising unconventional hydrocarbon production is driving that notable leap in output. Government data for November 2023 shows shale oil output grew by a stunning 29% year over year to 344,749 barrels per day, comprising 52% of Argentina’s total production against 45.5% a year earlier. Indeed, a month prior, shale oil, for the first time ever, made up more than 50% of Argentina’s total petroleum output. For that month, shale gas production averaged 2.7 billion cubic feet per day, seeing it comprise almost 61% of total natural gas output against 54% a year earlier. And Argentina is probably the last country to join OPEC or BRICS now! |
|
|
|
I'm not a miner - unfortunately, so I ask: What logical explanation is there for this?
~
How is it that during 7 days the hash drops significantly, after these 7 days the hash returns to the values it was before? What happened during those 7 days?
Kano's answer on probability! Then go here: https://bitinfocharts.com/comparison/bitcoin-confirmationtime.html#3y. If still wondering, do an experiment, throw dices for 10 minutes see how many you got then repeat see the differences I find it always amusing how when there are fewer blocks there is obvious something wrong but when there are more it's no longer an issue! The epoch in October started with 156,155, the one in middle November had first 161 then 121, the one in mid December went 158,144,149 so it doesn't always happen like it's some kind of pattern. Go to the other topic for the 2013 and see how many times we had completely unrealistic positive values in the first days, this is just from my own history: https://bitcointalk.org/index.php?topic=5431167.msg63381076#msg63381076Now this one is weird, I know it's just one day and a half but: Quote
Current Pace: 109.5857% (245 / 223.57 expected, 21.43 ahead)
Previous Retarget: Yesterday at 8:01 AM (+6.9834%) Latest Block: 810583 (2 minutes ago)
Current Pace: 108.2575% (152 / 140.41 expected, 11.59 ahead)
Pace is pretty high for the first day, totally opposite from the last period when we started with -5% for nearly three, so normally, without taking luck and randomness into account this would mean mining gear build-up lately.
|
|
|
|
Since when was FeeBuddy able to do emoji?
Dunno but it's not really accurate , for the 200sat/b or even 100/b this would reflect the feeling of seeing those numbers:  I mean like seriously, it's damn Sunday, the price is down, there is no FOMO, we just had days of 30sat/b , who the f**8 is paying this and for what? I can't wait till I see the data for the % ordinals in todays transactions, I just wonder how much of a spike we're experiencing. Oh and we had exactly 144 blocks in the last 24 so can't blame that either. Did everyone remember to make transactions today? 13th of January, really bad day to do stuff! |
|
|
|
It used to be 100 free accelerations per hour. Did they reduce it? The browser I am trying to load the site is giving an error and the data are not loading to check it myself.
https://bitcointalk.org/index.php?topic=5479485.60Down to 20! Also don't try to refresh it too much, you'll get an autoban, especially if you're on a VPN. And you nee to paste the tx after the 00:00 and hit the button, it doesn't count like before the moment you solved the captcha, so you can't have it all ready by the exact 00 and just then press the button. You need to both paste the tx and solve the captcha after that, if you're not on a desktop and fast internet you have no real chances, just the loading time on my mobile (on 5G) is a turn-off. It is true. I once tried their paid acceleration and I was frustrated. The paid acceleration fees are not reasonable.
If ever needed, use antpool! I randomly picked a 1 input ~100 output tx out of the mempool and the resultsa re liek this: Antpool: Transaction volume:4411 vBytes = (4411 + 0) vBytes
Acceleration price:531.17 USDT Viabtc: 4411 Bytes = (4411 + 0) Bytes
0.0423456 BTC ≈ 1811.15 Of course it's bigger than what you probable have but it's still 300% more expensive! |
|
|
|
I just love it...simply loving it! I go to a topic about how trading is gambling everyone there goes how trading is about knowledge about skill on how to read the markets and all that crap, I go to a topic where somebody asks if we're going to turn positive or negative next period suddenly nothing can predict it! All those guys that were praising TA and other charts like the second Bible, where ar you now? Simple, learn, learn, and learn. You will not just invest or open a trade in bitcoin without analysis, technical analysis, or any indicator's applied. You should know how to trade first before you start trading. Invest in knowledge, sharpen your skills, and build experience first
<~>
any crypto market is very volatile and unpredictable,
If something is unpredictable then what help would the knowledge bring? Seriously guys, stop with all this crap about analyses and charts and knowledge and stuff, all the strategies in the world and not a single one could have pointed out at oil going negative! yet it did, nobody predicted the price dump that happen when Luna crashed, nobody went public and said well after the ETF we're going to have a 15% drop and yet some still believe some colored lines on a past that will most likely never repeats itself will help you better than looking in a crystal ball with the characters from frozen in it! Exactly when a trader has the technical knowledge of probably the candle stick which is a representation of the price movement they can be able to predict the next movement of the market price this kind of predictions are mainly base on the pass history of that coin. But this is just a technical analysis and technical analysis can also be affected by fundamentals too like when you hear of news surrounding that coin you can use it to guess if the market will actually go bearish most especially if the news is a negative one.
You just descried gambling! Like betting on Barcelona after seeing them wining by 4-0 the last three matches and betting against them if half of their team is recovering after leg injuries and they are playing with juniors. |
|
|
|
What China should probably start doing is incentivize young couples who have more than two children with tax-cuts and other forms of government subsidies.
Eh ..franky1, you know when numbers are involved he usually quotes the wrong ones and then he throws a fit when pointing that out. I got used to! But you solution won't work either, because...well it was tested and failed! It's pretty much the same thing as in the west, the cost for raising wo children are high and China has a another problem, it is treated in the west as a joke and most of it is meme material when you have kids in the 2nd grade being prepared for 6 paths in their career life but it's a highly realistic thing there and unlike 1980 and 2000 when this was still achievable with minimum education right now the costs in a far more competitive close to dystopian system are nuts. I've read a page on this , I till try to find it again when I had time that compared the madness of getting you kid in a certain school/high school/collage to the animalistic behaviour of the strangest of the cubs, but it that case it was about the one getting the most food in here is about the parents knowing they won't ever have food for two or three so choosing to have just one! As the wages increase and things get more expensive the cost of raising a child in the major cities outclasses the one in the western world, there are clinics that charge you $15k for a birth and $40k per month for the postpartum period, there are repot of people paying $20 000 to have their address temporary moved to another district so their kid can enlist in some different school, one can't even grasps the madness that's actually happening there. Remember we're talking about a country that's still heavily enforcing the hukou system. |
|
|
|
|
Show Posts
