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601  Bitcoin / Bitcoin Discussion / Re: Who's Raking in This Fee on: November 19, 2023, 07:49:40 PM
They first deduct some commission and then combine your single transaction with a bunch of other transactions into a single batch. They then make transactions directly into the BTC blockchain on your behalf, and they also pay the fee, but the fee on a single bundle comprising many transactions is less than the fee on an individual transaction. That's why they are able to make a commission on it too.

Hmm, Quite acceptable, but saying that their whole ecosystem is working on such commission-based fees and transaction fees sounds unreal. I know you've not said I'm just putting my view on it can't be neglected that they charge massive coins listing fees and launchpad fees, and the BNB network can be an overview.

In the centralized platforms, they even use your funds as liquidity to make massive amounts, they utilize the sponsorships, and much more to afford their ecosystem expenses and heavy gains.

602  Economy / Trading Discussion / Re: The Path to Profit: A Trader's Emotion & Terminologies Everyone should Know on: November 19, 2023, 07:32:06 PM
I won't flex on such things I don't know...you really mentioned many points in this list that I don't know i would love to do DYOR on each point aforementioned. Me as a newbie or beginner in the field of cryptocurrency reading these points for the very first time. Well TBH i am kinda busy theae days but i have added this topic to my bookmark to do research in my free time. One thing i know very well that knowledge in the field of cryptocurrency is the power to overcome many situation. Many Thanks!

Well, there's nothing to research, you can these are the keywords we use in our routine while having discussions on one to describe our context clearly, still you need to go through an overview to know about them because OP just mentioned these terms.

It would be more quality information if he could have explained these keywords, in a few more words to describe their utility and context of use. I had checked OP made some such topics previously. I'll be expecting him to be active in this section because here in trading section the good and quality discussion topics are rare. Now I'm even missing old those daily bot trading and AI/copy trading topics as well.
603  Other / Beginners & Help / Re: Crypto terms used by profetionals on: November 19, 2023, 05:30:02 PM
This is one of the most recurrent information topics covered by so many users, but I've found it a bit different haha it's too short in length. TBH OP you would be able to use the search option to find out this existing information. If you were really excited to provide such data better extend these terms to cover a wider range, that won't be a new idea still.

My reply is also not very unique I've used these words most of the time.
604  Bitcoin / Bitcoin Discussion / Re: The prospect of mixers in a congested mempool on: November 18, 2023, 08:02:23 PM
There is no doubt that Bitcoin mixer is a great innovation. It is actually what makes Bitcoin retain some of its key attributes like privacy and anonymity. However, the recent congestion of the mempool resulting in high transaction fees and longer waiting time for transactions confirmation might have huge impact in mixing business considering that mixers usually have time range for settlement, this being unique for each mixer and often used as competitive advantage.  

Do you think this could be a major challenge to the business of coin mixing?
Yes, this would be a big problem for them and especially for those people who have to make payments on time. This problem is hitting big businesses while small businesses must already have moved to another payment method like Matic, or tokens with lesser transactional fees. But, BTC mixer can't even do that as they are dealing in BTC coin, not in Matic.

They might prefer to pay the high transaction fee for the sake of customers but this will cost them a lot, I can't imagine what would be the situation of small vendors who must have left the BTC as payment method a long time ago.

Another point is when we have to send funds on the mixer-provided wallet, we also have to pay the high fee and also have to wait for a longer period of time for the completion of our transaction from our side.
605  Bitcoin / Bitcoin Discussion / Re: Estimate halving time with block time and a calculator on: November 18, 2023, 07:46:28 PM
I did not think that a single minute up or down could make that much difference between the halving dates, but thanks for sharing this information it was refreshing. This information is more valuable for the miners who will be more affected by halving. We will also be affected due to the rise in fees but I think the increase in prices of fees comes early for us than the time we have anticipated.

I will keep an eye on this calculator and will try to make a good analysis out of it if there is any way to make one understand the nature of the fee but till then there are many blocks that goes without any transaction in them for example with zero transaction, what they have to do with having time or calculators like these. Check the block 817214.
606  Other / Beginners & Help / Re: Gold vs Btc on: November 18, 2023, 01:04:55 PM
Gold made no returns from 2011 to 2023, that's strange, In my country due to inflation and unstable economic conditions As far as I know, Gold made over 100% gains, obviously the inflation and unreliable USD prices due to the unstable political conditions. For Bitcoin, if you mention the ATH it will be around double the current mentioned valuation.
607  Economy / Trading Discussion / Re: Bitcoin and War Crimes? on: November 18, 2023, 08:47:22 AM
Crypto is a stock market and also it can be affected by some wars and pandemic like situations. So I will say that Currently going wars with Gaza ( PALAESTINE) and Israel War. In long term situation and as there are high chances of spreading of war to whole middle eat. Will bitcoin market go on crash mood because last time was coronavirus.
What are your thoughts?
I think that could be the reason of crash.

Bro, Huh first of all, Crypto is not the stock market, secondly, your view is completely opposing my stand on it, if such a scenario of war happens the entire crypto market with Bitcoin will crash freely and for the Altcoins it will be a disaster because Bitcoiner and Visionary crypto market investors will directly take their stand with Bitcoin by accumulating it as a last safe resort for their investment.

Some of the investors may take the exit in fud, global peace is the first pre-requisites for the global adoption of the crypto market. In such a crisis, every risk investment market freely falls. I'm not sure why currently crypto market is standing so bullish even with such a war crisis, it can be possibly due to the ETF's approval hype.
608  Bitcoin / Bitcoin Discussion / Re: [POLL] Is bigger block capacity still a taboo? on: November 18, 2023, 08:37:29 AM
try reading again

a miner does not even see full blockdata. a miner simply hashes a header (hashes a hash of a header to be more precise)
the header and hash which miners are involved in never change their length no matter how big a transaction or blocksize is

I think I've gone wrong somewhere while expressing it what I meant by this was it will directly increase the storage required by the minner to download the entire blockchain, and it will require a higher network bandwidth. So if the minner is not reading the entire block data still it's keeping a copy of the full data if the computation resources are not increasing but the network & storage resources are.

I was generally expressing my view on it and somehow mixed the nodes & minner at the same time. Anyway, there are some concerns for both miners and Nodes as well.
609  Bitcoin / Bitcoin Discussion / Re: Why are there fewer women Than men involved in Bitcoin? on: November 18, 2023, 08:16:52 AM
When I checked the statistics of women who are into Bitcoin and found out that they are less than 10%, it surprised me seriously. It is understandable when we see fewer women than men in sectors that require physical energy to carry out work activity like the military or in the engineering sector but when you still see this same work force difference in the tech and Bitcoin space that they can comfortably do at the comfort of there home, it gets me curious to know the reason that might have been responsible for this huge gap.

I would appreciate if we can talk about this here. What could be responsible for this?

There's a typical answer to this AFAIK according to my social learnings, here in our society mostly men take care of the financial responsibilities, I'm not saying women don't but mostly men take of the financial responsibilities of the family, and Women take care of the House, Relations with other families etc etc.

Whether it's a Digital platform or a Physical workplace, you'll always find mostly men working to fulfill the needs of the family somehow, but after the COVID-19 crisis, I have seen many women also coming to freelancing and work-from-home platforms to provide their services to financially support the family. So nothing is shocking dear OP. I'm sure the number will be changing in the near future but it really doesn't matter whether Men or Women adopt Bitcoin's network and take it as a mode of payment or financial stability by making significant investment time to time.
610  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 17, 2023, 07:24:27 PM


Hmm, I'll consider it a positive development, so low corners stay tuned because now Bitcoin will not give any major opportunities, so cash every opportunity regardless of the major or minor. A set back to 35k will also be considered a good opportunity for the no-coiners.
611  Local / Other languages/locations / Re: Pakistan on: November 17, 2023, 07:17:07 PM
Merit Analysis (October 2023)
 by: Hamza2424  

Asslam o Alikum!

Dear fellowsss..Omeed ha saab kahriyat see honge, is bar kaa ye analysis kuch late a raha haa reason simple haa main kafi buys chal raha hun ajkal mid-term, workload and ye woo etc etc. even lagta haa is bar meri total post count in November bii kafi low ayee ga jahan take mujhe pata.

Baqi is baar main nee graphs ko kuch khas modify bi nai kia haa jaldi jaldi maa next time dekhain gee InshAllah kuch karain gee. too start karte hain hamare stats magar os see pehle aik baat as always data is taken from the DdmrDdmr's merit dashboard or a big thanks to DdmrDdmr sir for this contribution.


Starting with the total merits distribution and merits recover by the users, too sabse pehle total merit distributed itnee kaam nai hain haan ye haa ka last month September see thoda saa low gain or November maa mujhe lagta haa ka 300+ jana bi mushkil hoga haha.. anyway top receiver maa ZeeshanRandawa, HondaCd125 and Publicktalk792. orr baqi app logg khud check kar sakte hain.. last time much complaints this kaa onka name missing haa omeed ha is bar ksii kaa bi name missing maa nai hoga.. (Keep in count kaa ye sirf October ki report haa).


Next abb baat kar lete hain senders kii to dear.. yahan kuch kehne ki zarorat too haa nai as always top sender maa Shahzadafzal hain and very said receiving ma just 1 merit mill ah onko hamari community see.. jo bi haa chahe kam posts akrte still hehe kuch too dia akro return maa yar unkoo. Oske sath a big Thanks to hugebalck sir with gladiator + gladiator as well.


Abii baat karte hain rank to rank movement kii to jaab baat karain hum rank's sending to other ranks to yahan parr Legendary rank is full time dominator haaa as 2 merits sources are actively sending merits to us, shahzadafzal and hugebalck sir. Too baqi ranks app dekh lain as sab kuch text see zyada Image maa achee see explained haa.


Next is Receiving ranks too dear ye new era ka members i mean jo kaa full-member wala department haa wo actively merit koo hunt kar rehe.. Achii posts ka sath sath achee timeframe maa rank up bi kar rehe.. sad to say kaa aik active new full member jo ka top receiver bii that Abn ho gye hain is it Perma ban or temp I'm not sure..

So all newbies please follow the rules Don't take AI and Palgrism lightly it will lead to destruction soo be careful and keep growing.

Merit Recivers
Code:
    MCUKing
    snowpega
    Cheema02
    Compromise me
    hafiztalha
    God bless u
    HONDACD125
    Unknown Op
    Gladitorcomeback
    Publictalk792
    ZeshanRandhawa
    Faisal2202
    GbitG
    Magic-Maker-40
    Dictator69
    irfan_pak10
    Hamza2424
    ThemePen
    UmerIdrees
    JunaidAzizi
    AnonBitCoiner
    ZAINmalik75
    umairsf
    shahzadafzal
    Adiljutt156
    encryptogon
    ZubairCH

Merit senders
Code:
Publictalk792
MCUKing
hugeblack
shahzadafzal
ZeshanRandhawa
God bless u
Hamza2424
MarcoReus11
snowpega
hafiztalha
MFahad
Unknown Op
Cheema02
JunaidAzizi
ThemePen
Gladitorcomeback
UmerIdrees
HONDACD125
Magic-Maker-40
AnonBitCoiner
1miau
Dictator69
ZAINmalik75
GbitG
Faisal2202
BD Technical
GazetaBitcoin
DdmrDdmr
irfan_pak10
God bless u
612  Economy / Speculation / Re: My Best Bitcoin Chart Ever on: November 17, 2023, 03:26:56 PM
what a nice hit bro  Cool what your prediction for next year before the another ATH reaches is the next year our previous ATH going to hit.

My prediction in the next year is we break the 45K level which also a crucial point to bull market. But yeah I think we gonna se the 50K level back in 2024 what do u think?

TBH my prediction for 2024 is quite high for me, its necessary for Bitcoin to hit a new ATH and by the end of 2023, I'm expecting a range of 40k to 42k range in a regular scenario.

Most of us are currently who own some low coins, are expecting a crash but TBH its really a scenario with decent rarity according to the recent market momentum market is indicating highly bullish rally for the coming months as well, but some upset from the EYF can really fill the desires of the hungary accumulators.
613  Other / Beginners & Help / Re: What would you tell your younger self to learn this space efficiently? on: November 17, 2023, 02:22:56 PM
Hehe, TBH I would advise my younger version to focus on what I'm recommending to others these days, better focus on learning and sticking to a single topic in every context afterwards moving to another one. I would have advised my version on being more focused on skill development rather than wasting my time on some shit ways to earn some bucks.

I realized that having a single source of information being dependent on some is not good for efficient learning and exploring this space, so what I would have recommended to my younger version is to not take comments seriously and keep moving and exploring the market with differents modes of information.

Better not to regret focus on the upcoming time and enjoy  Wink
614  Economy / Trading Discussion / Re: Can this be possible? on: November 17, 2023, 01:44:31 PM
Haha, OP everyone replied with the answer that it's a bug, and me too, somewhere mentioned it such type of technical bugs are not new. As some of the fellows mentioned never take Reddit comments seriously. AFAIK better focus on the real charts rather than making the analysis of this bug because having a one-on-one chat with time travelers to seek guidance and having some hints about the future market value speculation is just a week's dream.

To be successful, better focus on the accumulation of the assets you like most and make some decent financial strategies to fulfill your needs/desires.
615  Bitcoin / Bitcoin Discussion / Re: Chances of Bitcoin ETF approval gone up on: November 17, 2023, 01:28:20 PM
Well, about all 12ETF approvals, the news was just bluff! How it can be so easy? Anyway, what I think TBH is that most ETFs will get approved on their last deadline around FEB to MAR. There's a slight possibility that maybe SEC will approve an ETF in late JAN.

There's no doubt this rally is exciting due to the ETF approvals, the current market sentiments are indicating a prominent domination of the ETF news, and even some fake news made the market momentum suppress the major resistances and use them as a strong support level. These 12 ETF applications started a chain-reaction not only for Bitcoin but even for some of the Altcoins. Currently according to the recent developments I'm hopeful for a good news soon.
616  Bitcoin / Bitcoin Discussion / Re: [POLL] Is bigger block capacity still a taboo? on: November 17, 2023, 01:16:59 PM
After reading most of the posts, I'm sticking to my views, it's Taboo if by increasing the blocksize to avoid network congestion the individual miners are getting eliminated from the Network, Increasing Blocksize can be a potential solution for Bitcoin but it is inefficient, because with this solution there will be another mess about the decentralized nature of the Bitcoin.

The proposal accepted is open if increasing the blocksize individual miner's power is not affected because we don't want our node to be controlled by only large entities. Network congestion can be a problem but having a solution risking the entire nature of the network is a big mess. Simply avoid moving coins in network congestion in such scenarios until we have a better solution to scaling rather than increasing the block size only.

617  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 17, 2023, 09:23:49 AM
Selling here, just before the ETF could be the biggest regret.

My bullish scenario for 2024 is based on:

  • ETF approval in January
  • Halving in April
  • FED cutting rates in June

I would be extremely disappointed if Bitcoin does not get a new ATH in 2024.

Hmm Dear nothing to worry about this one, till the Q3 of 2024 you'll have one... Belive me as He's also saying.

618  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 17, 2023, 09:04:27 AM
619  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 16, 2023, 08:25:04 PM
Wow.  More than 100%!  Now that's bullishshit.

Haha.. Nope its Altra-shit
620  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 16, 2023, 08:22:44 PM

Ah another new electronic gadgets. We are getting more and more dependent on these electronic gadgets rather then enjoying the real moments ourselves.

Reminds me of this once again, "life was much easier and simple when apple and black berry were just fruits".

Haha, TBH this is a worse development, now there's nothing called privacy in this world. I'm fearful that identity misuse is gonna be a mass destruction in the coming time.

How can they allow such gadgets production?

AI sucks, we are not getting it right now, I'm not inspired by the fictional movies and theories about AI this is my honest self-view. A few days ago I and my friend were discussing the ads, and how they even use our microphone to collect data as an Android user I'm disappointed because when I tested it, that was true they collect data through a microphone, not sure its a bug but I was very comfortable because after Android 11 it was expected in the background no hardware is accessible by the application until we run them.
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