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6461  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 07, 2021, 03:47:03 PM
You know, after getting the second dose and completing the vaccination, I feel that I'm less careful about protecting myself. Not wearing a mask outside, staying close to people not wearing masks for a long time, etc.

If you acknowledge this part, you're still on the safe side. It means that whenever you see the signs (for example rise of infection rate in your country) you will add additional protection.
Many didn't take the vaccine and still do like you said and they're still 98% safe, just because the number of infections has fallen. You are better protected than them.

Now, what's done is done, our DNA has changed, prepare to grow tails in a few months and join the new-world reptilian post-human era.

After Bitcoin rises enough, nobody will care if we have tails or not under out suits.
And unfortunately, those scared that they'll grow tails, ... may die before our expiration period of 6 months. You know: "winter is coming". Within the 6 months.
6462  Bitcoin / Wallet software / Re: advantage of showing unspent outputs among multiple Bitcoin addresses on: July 07, 2021, 02:42:18 PM
Is showing unspent outputs among multiple Bitcoin addresses an important wallet feature? Why?

1. One may keep track and don't spend "coins from Joe" together with "coins from Amanda" for better privacy (maybe the world knows that address 1 belongs to him, but nothing about address 2)
2. One may be careful and avoid spending from addresses with too many (small) inputs when fees are big.

So yes, imho it's an important feature.
6463  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 07, 2021, 02:37:37 PM
Something that worries me a bit, is that two days ago I was at a work party (about 30 people) and no one was wearing a mask (including me). Everyone had been vaccinated, and everyone Rapid-tested negative that morning, just before the gathering. I wonder if some of us get infected and develop symptoms because of this. They should be mild, if any, but let's see what happens. We are having weekly Rapid tests at work, so if there is infection, it should show on some of us.

That's exactly why I ve got the vaccine. And for traveling/holidays. Vaccinated people should have way less chance to spread the vaccine (5x less?), less chance to get infected and even if they get infected, the symptoms should be mild. With your colleagues also rapid-tested (overkill imho), you should be fine.

You seem to be worrying even more than me; and I've got the second shot also less than 2 weeks ago  Grin.
6464  Bitcoin / Bitcoin Discussion / Re: How to distribute 21 million Bitcoins for a population of 7.8 billion? on: July 07, 2021, 01:12:32 PM
and the world’s population is estimated to reach 14 billion. I want to know what kind of distribution of Bitcoin will appear at that time

Bitcoin is not something people get just for being born on this planet. It's not a birth right. People have to work for it or people have to buy it. So what are you talking about?
By your calculation, I would be entitled to receive 12.2 grams of this planet's gold and I haven't received any yet.


Will people use Bitcoin for normal transaction payments?

Sure. If you look closer, 1 BTC = 100 000 000 satoshi. If you look even closer, Lightning Network already works with sub-units of a satoshi. So there's plenty of room to work with.


But all this was discussed a very good number of times already; it didn't pop up at any searches you've made before asking?!
6465  Other / Archival / Re: Question to Merit Sources on: July 07, 2021, 01:00:05 PM
You don't have to track anything for your Ignore list, the forum does. https://bitcointalk.org/index.php?action=profile;u=257071;sa=ignprefs (your Ignore list)

You misunderstood me. I know very well where's my ignore list. Just that list doesn't give any hint on when an user was added there, for example, and also doesn't tell anything about users that, by chance, were added, then removed, then added back. And your post seemed to suggest that one should check for this.


They will probably evolve and you will see those members.

I tend to give more chances to getting banned or leaving than evolving.
As I said. I will think on it. Maybe I will indeed empty my ignore list after so many years.
6466  Other / Archival / Re: Question to Merit Sources on: July 07, 2021, 12:26:26 PM
You can wipe out your ignore list each year. One year is long enough for people to change if they want to change themselves.

If they don't change after one year, you can add them to your new ignore list. Second chance is enough.

Actually this would mean that one has to keep track of the changes separately and see who is there for a year, who was removed once and now it's back in the list... too much of a hassle.

But on the other hand, it is not a bad idea to clear the list after one year, on a different principle: most of those shitposters who end up in the ignore list have a very good chance that in a year they're already inactive, hence they've stopped polluting the surroundings. And if they didn't disappear, maybe indeed they evolved.

I will give one more thought, maybe this was the bit I "needed".
6467  Bitcoin / Bitcoin Discussion / Re: I need help, 10 factors that make Bitcoin decentralized. on: July 07, 2021, 12:09:04 PM
Can more technical people help me come up with at least 10 factors?

You don't need 10 factors for a coin/Bitcoin be decentralized. The creator being known or not doesn't even matter, for example.
What you need is:
1. Decentralized database/ledger for recording the transactions; for example, a blockchain.
2. The nodes being as many as possible and geographically spread as good as possible.
3. No central authority that distribute the coins.
4. This may not be necessary, but it surely helps, is to have the miners / pools also spread or geographically.
5. Something useful is also the way the changes in the code/logic (new clients/nodes) has to be accepted by the majority.
6468  Bitcoin / Bitcoin Discussion / Re: What if influential people buy Bitcoin back and forth? on: July 07, 2021, 09:33:50 AM
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes?

Possibly, but their agenda is not necessarily to help you. Some will even bash Bitcoin in the news and their companies may buy or develop towards bitcoin. You expect too much from people don't care at all about you (or me).

If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy

Most influential/whales/corporations will use specialized companies for handling crypto for them. It has no relationship at all with "free and easy". It may have some relationship with how crypto is "seen" by the law and finances.

Although the market needs volatility, is this kind of random volatility still meaningful?

The volatility is clearly not random. FUD, fear vs greed, news actual buys and sell off, all do have their part in the game. For example, I would not be surprised if some exchanges feed the volatility to help increase the daily volumes (and the fees they receive on those volumes).
6469  Economy / Economics / Re: Which cryptocurrency do you decide to invest in for the long-term? on: July 07, 2021, 09:07:20 AM
I am a newbie who has just entered the currency circle, and I am very interested in the crypto market.
I want to try to buy some coins, but now I lack the analysis and judgment of the crypto market. Which cryptocurrency is more valuable and has appreciation potential?

You are in the Bitcoin area of the forum. So here the main answer will probably be: "Bitcoin, obviously".
If you want more useful answers, you may want to move this topic to Altcoins area - either Altcoin Discussion, either Speculation (Altcoins).
6470  Other / Beginners & Help / Re: Why no one replied to my post? on: July 07, 2021, 08:55:38 AM
I tried to post the first post. As a result, no one responded to me. I made a brief summary.There are several reasons

1. You write/wrote "wall of text", which is hard to read; this means that many may skip it. I've almost skipped this post too, so you still have to improve.

2. If you don't ask a question, you should not really expect an answer. At least this post has a question in the title  Cheesy

3. Both your first post and this post look more like "note to self" than an invitation for debating.
6471  Other / Beginners & Help / Re: The relationship between blockchain and Bitcoin? on: July 07, 2021, 08:32:06 AM

You are right, and still, this is somehow not enough. I mean that with all these things you correctly mentioned, without demand all this is futile. And, although I am a Bitcoin believer (and you know that), I am not sure I could convince somebody who's very strict in economics and numbers why there's demand (and will always be). My wording for it is "human inherent greed", together with the list you already wrote, but that's far from mathematically strict.
6472  Bitcoin / Bitcoin Technical Support / Re: [Jun 2021] Mempool empty! Use this opportunity to Consolidate your small inputs! on: July 07, 2021, 07:28:05 AM
I think that's good for business. I ran a bitcoin "gaming" website before.

Indeed, it can make "smaller" customers happy(er). And those are in greater numbers and will spread the word about the service.

Just somehow I feel that the agenda of big centralized exchanges is more on keeping customers' funds in their own cold storage instead of helping the customers withdraw cheaper...
6473  Economy / Trading Discussion / Re: Why can a piece of news from the Chinese government affect the price of Bitcoin? on: July 07, 2021, 07:22:48 AM
It's not just negative news from Chinese government, negative news from anywhere including the US can affect the price and this doesn't happen only to Bitcoin only. I happens to other tradable assets too such as stocks, commodities etc. Markets always react to news as traders look to make some quick profits or look for opportunities of buying dips.

It may worth mentioning that this is so much visible for Bitcoin and crypto markets only because there the price fluctuations are usually/normally much wider, in both directions.
I don't know though what could make Bitcoin's price daily variation stay within much smaller range. Removal of stable coins maybe? Or more institutional money locked in?
6474  Other / Archival / Re: Question to Merit Sources on: July 07, 2021, 07:11:45 AM
Besides NotATether and myself, I wonder who are the other chosen ones.

Although I've never applied, I've got the surprise and the honor to join this selected group. I guess that I receive less sMerit than those who applied, but it's still a boost.
And this is some sort of side info too: don't look for new merit sources only amongst those who applied.

Why do you take Bitcointalk so seriously

Indeed, I feel like some of these complains come from the fact people take the forum far too serious.
On the other hand, I think that everybody can have his own reasons for ignoring users.

These are my personal beliefs and my personal vision of objectivity merit source, so I refused the ignore button. Thus, I do not miss any posts at all and can rate absolutely any user, even if it is my personal hater.

I think that the difference comes from the way/reasoning behind the way we use the Ignore button. I don't use it just because somebody hates me, although I never got to the point somebody would get to hate me.
And we're back to taking the forum too serious  Wink

I agree that merit should be given out based on the content of their posts, not based on who is writing the post.
[~]
With that being said, If you are sufficiently annoying, or are making enough low quality posts to get on my ignore list, chances are you are not going to make many (or any) posts that are worthy of merit.

Thank you! I feel reassured that others too have the same reasoning as I do.


My ignore list contains basically people with extremely low quality posts and people I've found that they never post anything useful or meaningful. For now my ignore list stays by this logic. If any time in the future I'm proven to be wrong (or I get to that conclusion myself), I'll change. I don't use the ignore button that often.
I'd say that the forum is so vast, you have to acknowledge that you cannot fill all the "gaps" and the merit sources have to "complete" each other.
However, I'm very new as merit source, I acknowledge that there's more responsibility involved and I'll see what I'll do in the future.
6475  Other / Beginners & Help / Re: The relationship between blockchain and Bitcoin? on: July 07, 2021, 06:47:31 AM
People are against Bitcoin because:

4. They just pretend to be against it, on social media, while in background they're hoarding.

...It's one point I had to add  Cheesy


And yeah, the logic for what makes Bitcoin actually valuable is not 100% clear and easy to grasp, hence most (especially economists) get it wrong.
6476  Bitcoin / Press / Re: 2021-07-02 CNBC - Bitcoin mining consumed 56% green energy in June quarter on: July 07, 2021, 06:35:52 AM
(Greta Thunberg). In front of cameras, she will yell "how dare you".. but behind the cameras it is business as usual.

Nothing unusual. She's just another over-hyped brand, like everything today. She's trending now, but tomorrow it may be somebody else with the same or totally different topic
And yeah, what's in front of the camera is way too often very different from what's behind the curtains. It's all television show.


Now that dirty energy from China is something that should become history, I thought that coal-powered Bitcoin stories would finally stop - but then I read on several sources that Chinese miners are migrating to Kazakhstan - and then I find information that claims 70% of the energy produced in that country comes from coal.

Mining is a business. Businesses care more about profit than environment and such. As long as dirty energy is allowed to be produced, somebody will consume it. As simple as that.
Blaming Bitcoin for it is just silly and with no relation with business reality. As I said, I feel like it's some sort of "smoke curtain" for other interests.
6477  Bitcoin / Bitcoin Discussion / mining operation has made a [] lake 'so warm you feel like you're in a hot tub' on: July 06, 2021, 02:04:43 PM
A controversial bitcoin mining operation has made a New York lake 'so warm you feel like you're in a hot tub'

Yet another "Bitcoin is bad" kind of "news for dummies".
Of course, in their world, Bitcoin mining is done by computers and New York state depends on this sole power plant to meet the green energy goals.

Quote
Judith Enck, a former Environmental Protection Agency regional administrator, said that New York wouldn't meet its greenhouse gas emission reduction goals if Greenidge continued mining bitcoin.

Of course, they're OK by the law, but who cares about the law when one can blame Bitcoin?

Quote
Greenidge CEO Jeff Kirt told NBC News that "the environmental impact of the plant has never been better than it is right now," and that the facility was operating within its environmental permits. Greenidge said that it would make its operations carbon neutral by buying credits to offset its emissions.


Who has this time interest to keep average Joe from Bitcoin? Any takers?
6478  Bitcoin / Press / Re: 2021-07-02 CNBC - Bitcoin mining consumed 56% green energy in June quarter on: July 06, 2021, 01:47:41 PM
The global Bitcoin mining industry has doubled its sustainable electricity mix to around 56 percent during Q1FY21 (up from 36.8 percent in Q4 FY20), claims a report by Bitcoin Mining Council (BMC).

Interesting, good news. I guess that the dry season is also over in China now? (Not that it matters much any longer).

always be remembered for having being wrong, utterly wrong, on bitcoin and ESG.

He most probably already knew the numbers, or knew something pretty close to reality, but simply had other interests.

Now there are no excuses anymore and any critics on that fades away since bitcoin mining is getting greener everyday.

They will always find something, if it's not the green energy, they'll turn to something else. You cannot please the trolls.

Bitcoin miners are not producing any electricity on their own

Some do produce their own, and that's 100% renewable, and most probably that's not present in the charts.
But you've got it right. It's those for produce and sell the dirty electricity to blame, not Bitcoin (miners). All this Bitcoin consumption drama is a diversion.
6479  Economy / Trading Discussion / Re: Why can a piece of news from the Chinese government affect the price of Bitcoin? on: July 06, 2021, 01:35:30 PM
China's mining ban has dramatically reduced  competition for block rewards and improved the profitability for miners based elsewhere.

The lower difficulty - the coins easier to be mined - allows miners sell cheaper and stay still on profit. Maybe this answers - at least party - to the question from topic's title  Wink
Of course, it's not only this. There are other reasons that keep the price low, reasons I'm missing, since there are also news about more institutional investors about to come in, hence an increase in demand, which should help the price get back on bullish trend.
6480  Local / Bine ai venit! / Re: salut! on: July 06, 2021, 10:57:37 AM
dar îmi place să cred că înțeleg principiile de funcționare

Salut si bine ai venit!

Daca intr-adevar intelegi principiile, poti sa mai intri, sa-i ajuti si pe altii  Wink
Iar daca mai ai lacune (eu, dupa atatia ani, tot mai aflu cate ceva nou!) mai citeste, mai intreaba, daca esti de multa vreme in ale computerelor stii ca lucrurile evolueaza si trebuie sa te tot pui la punct.
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