well, on the note whether it is intentional or not, i guess we won't know the real answer here as we won't know who did place such transaction.
Pretty sure a few guys know already who did it , the address was funded from okx hotwallet so at least the staff there knows who this guy is. I doubt the mistake thing, somebody who is able to us a cex, withdraw to his address 26 BTC won't magically happen to have the genesis address in his clipboard and just paste it in a transaction. I would rather point things at a badly configured sweeper bot or malware than on a common mistake. |
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He says his empty block is actually a good thing since it adds security to the blockchain! LMAO! He is actually right, empty blocks do contribute to the overall strength of the blockchain, and does make a lot of money, h If you take it like that, yeah it's a found block that on it's own it does so. Does Ocean's empty rushed block add more to the blockchains security than a full block mined 3 seconds later by Foundry? No! (let's keep it simple and not go there;) What I was trying to say if that if Ocean wound's have existed, there would have been a full blocks mined 1-20 god know how minutes later with no diminishing capacity to the blockchain. So his block is not a net gain how he was trying to post it, it's a gain in security just how any other block would have been but a serious decrease in capacity. The fact is that in this case Ocean didn't think about security of the chain, it though about profits, simple, just as everyone else, there was nothing magically different that Ocean did, he just behave like every pool with $ on it's mind! alani123 is a leftist,
Well, alani123, this thing does make a bit of sense, since socialist will always care about somebody's else money than their own, and to me it seems you care far more on those virtual miners that would magically gains something moving to Ocean than real economics. Which brings us back to the questions you refused to answer - do you actually have any kind of proof, hard proof (!) it's more profitable to mine on Ocean? - do you actually mine there and since you have moved there have your profits increased? If the answers are as I already know the song of crickets, don't you think that before trying to convince us to move you should be the leading example? Mining is a business Unicorns farts about an utopia nobody wants while doing business is bankruptcy /end ps: As a pool operator I'm sure you know better than me that under these circumstances the options were to either throw a perfectly good block away, or to mine it empty because the previous one hadn't managed to propagate to all miners at such a short time period.
vs: https://bitcointalk.org/index.php?topic=5475893.0Block number 818960 was mined completely empty by Antpool recently.
At a time of very high transaction fees, we're having this issue again. A large pool like Antpool just sabotaging the protocol... How times change! |
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Okay, my deposit is insured for $50k. But if I deposit, let's say, 10 bitcoins (~450k) and they get hacked, then it turns out that they will return only a tenth of it to me? What the hell do I need such services for? And in general, what is the point of depositing my bitcoins with a third party? It's the same as depositing your dollars in a regular bank.
Exactly, that's how banks works an that's the limit of insurance! Imagine that everyone a bank would be insured for all the sum And the bank somehow loses all the money, how would they come up with the same amount? Quite interestingly, in this scam, the limit in $ value is the only thing that makes sense, nobody would be able to repay you the same amount in BTC if they would get hacked and at the same time the price would double, where would they be able to come up with 200% the money they previously had? As for the reason why, it's because if your company gets hacked it's your loss, if it's insured you at least have 50k. That's how Coinbase Vault works! Insurance only works if the currency has unlimited supply, since Bitcoin has a limited supply, it simply only people without brains can trust it.
Insurance works with gold deposits, what's the thing that prevents it working with Bitcoin? It's no scam, I've been using them since 2021, they were just called BoB wallets then. I've never been hacked, but i think thats the point, they believe in their security that much they're willing to put their money where there mouth is. Not that crazy
And you woke up after 4 years in which you no posts to suddenly defend them in this brand new topic! Yeah right, I mean , NOBODY has any REASON to believe you're behind this! |
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Am I the only one who can't stand that guy?
No, I just want to puke every time somebody claims this guy is a financial expert of something! He literally got rich from telling others how to get rich. He admitted that his best-selling book was fictional.
He basically got rich like J. K. Rowling, writing about Harry Potter, not by being able to use magic herself  But this is not the worst about him, while he is good about fantasy trading and investment the guy has gone bankrupt in every business he has tried from himself: Kiyosaki started a company called Rippers back in 1977, which sold nylon and Velcro surfer-style wallets. This company ended up going bankrupt
~
Velcro Wallet Company bankruptcy, Kiyosaki tried to partner with the competition instead, and work together to try and achieve his goal. Ultimately this resulted in the same outcome, and this business went bankrupt as well.
~
Rich Global LLC filed for bankruptcy 7 August 2012 in the Wyoming bankruptcy court. The company was ordered to pay around $24 million to Learning Annex, which they did not have the funds for. Despite his so called "talents" he has been unable to actually run a profitable business in 40 years of trying to do so, anyone taking advices from this guy and doing so will pay the price for trusting him or believing his advices. |
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It's obviously a SCAM fake crypto.com website, and they are using fake android app for phishing attacks and to steal seed phrases from people. Since it's very hard to do this in Apple store they added real link, and g00gle is to stupid to make a difference from original app  It is insane to see this scam app have 29.7K reviews and similar rating... Fake app: https:// play.google.com/store/apps/details?id=com.defi.wallet : https://play.google.com/store/apps/details?id=co.mona.android Actually, they are both legit, that's crypto.com defi wallet Go here: https://crypto.com/eea/defi-walletand see how it links to https://play.google.com/store/apps/details?id=com.defi.wallet The first one is the cypto.com app centralized wallet linked to your crypto .com account the other is non-custodial defi wallet Lol, @ Potato chips going ninja on me!  |
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I don't know it is a reason or just a fake one, used by the user to fool us but let's say, reuse password is bad practice.
I don't believe admin of Altcoinstalks forum plays bad and do something like this with his forum members but who knows. And let's take this case to make a warning, again
Sound like too much of a stretch, if anyone with access to that data would have had really malicious intents he wouldn't have opened a loan request from an active user, they would have ta lot of other things too and for sure not acted just as soon as they got the pass for $300 knowing they will be the fist to have the fingers pointing at them. But leaving altcoinstalk side, another compromised platform might be indeed plausible, all the users should check if their email isn't already on some pawned list , with so many scam shitty offers around here I wouldn't be surprised if more haven't already entered the same credentials to dozens of sites. Of course, there are a few other explanations for this but I'm not going to create a shitstorm by mentioning them, I'm leaving that to some other unlucky bastard! Unfortunately, I have accepted one of them. I am worried about the access of those accounts without changing the password.
Will be a bit of pain in the ass for the eons asking for a loan but make it mandatory to ask for a loan with a signed message from an used address on this forum, at that point you don't have to look for suspicious activity and waste your time wondering every moment if this is the real guy while siding hundreds of "is this really you?" messages. Plus there won't be any kind of 'it wasn't me" situations where you get scammed of some $. |
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Of course there is an alternative, but how many people even know what Lightning Network is and how to use it, even on this forum? In addition, in order to use LN you have to open a channel, and to do that you have to pay an on-chain fee, which is again a problem when the fees increase significantly. What will happen if someone comes up with a way to make LN transactions disadvantageous in any way - the new LN?
Lightning network is online. It is good for small amount of money. So why need to open a channel? You can use some wallets that have a channel for you. All you will need to do is to download the wallet, open the wallet and do backups and start using lightning network without opening any channel. So you're saying that there is a wallet in which you have total control of the seeds, in which you don't need to open a LN channel and you don't need to move funds to the wallet owners address and still works? Please do tell more! ~
It's strange how you didn't think of that ten days ago when you were giving advice to a friend, because it would help him a lot to save on fees every time he makes the new transaction. Maybe in the future, everyone who has a complaint about fees should forget about complaints (especially public ones) and simply start using LN? When the matter is already so simple, why at least twenty topics on the subject of high fees? I love that everyone says just use LN, use LN, but if we would be able to go around with a lie detector and ask if they have used LN in the last 30 days we will see that there is a lot of empty untested regurgitated advice in all those lines. No reason to think people can't use bitcoin as a means of payment in the future cuz of fees, because nobody is going to be paying mining fees to make payments because that is not what the base chain is for.
You can't use LN without the main chain! As long as you don't lock (or whatever word suits the action better) your coins from the main net you won't be able to use it, simple as that. Second, I'm really curious how this will work when miners will not get a single cent in fee, but I can picture it already, some scrap diver collecting 100-200 old miners from the dumpster will be able to not 51 but 99% the chain for a few months if he wishes. |
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- Players and traders influence the value and availability of M.O.L. and MOTU currencies. (in-game currency and management token respectively).
In-game Events and Tournaments: Contribute to fluctuations in the economy by influencing supply and demand.
So, it's just another ICO for a metaverse coin that comes with fancy promises and has zero utility? Simple question, why do you need a new coin to do that and not use Bitcoin? Already know the answer! What makes our system unique is that these currencies are linked 1 to 1 within their circulation. This model creates a dynamic two-way interaction between the two economies, constantly motivating players to move between the game world and the real world. Why? Seriously why should I fee motivated to do any of my tractions in the game world where I can simple do it for real? Besides, how do you even comes close to envision such a thing, I go out and buy coffee, I drink it I enjoy it, how does that work in a game world, I sit at the screen seeing how my avatar drinks a coffee? There is The Sims for it! The metaverse ICO coin fomo is long gone, you've missed the train! |
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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
I'll just say that I'll let you figure it out why that website has already the 2023 numbers Well, since admitting you're wrong and that you don't read stuff is impossible for you it has to a bit woth the source: https://population.un.org/wpp/The 2022 Revision of World Population Prospects is the twenty-seventh edition of official United Nations population estimates and projections that have been prepared by the Population Division of the Department of Economic and Social Affairs of the United Nations Secretariat. It presents population estimates from 1950 to the present for 237 countries or areas, underpinned by analyses of historical demographic trends. This latest assessment considers the results of 1,758 national population censuses conducted between 1950 and 2022, as well as information from vital registration systems and from 2,890 nationally representative sample surveys The 2022 revision also presents population projections to the year 2100 that reflect a range of plausible outcomes at the global, regional and national levels. So, you're quoting projections. Now, for the other ridiculous thing, you claim that my 1.09 is wrong as it's fertility rate and you show me : The fertility rate for China in 2023 was 1.705 births per woman, Just lol: https://archive.ph/mOiTHA Chinese state-media report this week cited a sharp drop in the country’s fertility rate, offering a rare glimpse into China’s deepening demographic plight and highlighting the country’s increasing lack of transparency on data.
China’s total fertility rate—a snapshot of the average number of babies a woman would have over her lifetime—fell to 1.09 last year, from 1.30 in 2020, according to a study by a unit of the National Health Commission cited this week by National Business Daily, a media outlet managed by the municipal government of Chengdu, the capital of Sichuan province. Enough real data, not projections for you? |
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Well, seems like the Kramer effect was more serious on the mempool than on the price, at first glance I though Viabtc mined two consecutive blocks but no,  Seems like the fees are back under 50sat/b, not great not terrible! Of course it's still almost like holiday in the most of the world, it's barely 4 am in Europe so by tomorrow evening they might grow again but still the huge wall of fees is decreasing, from record high of 240Mvb till 10 sat/vb we're down to 185Mvb, although there are still incoming transactions seems like nobody is that eager to pay over 100sat/vb for a tx. ~
Some spammers will still spawn up because you know what they are looking for. BTW, The fee is around 90 sat/vB at this moment. still, I don't want to dare to transfer some BTC with this rate. I have to consolidate some TX.
Seems like we've both forgot a thing, low fees if indeed this is a trend will kill this topic faster than spammers will be able to do it! Don't know if I should feel sad or why should I if ever. |
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I tried to apply a similar scenario to Bitcoin mining. We all know that several miners around the world compete to solve a difficult mathematical problem, which aids the creation of a block. After the successful creation of a block, the miner is rewarded with some Bitcoin. Sadly, I can't tell the exact number of miners globally, but I think their population is enough to make the reward process very tough.
Yeah, you've started the wrong way on almost every single aspect of it! Miners are not taking turns at finding blocks, the number of miners is meaningless, it's the hashrate they control, the reward process is not "tough" is just math on splitting the reward, just like it's economics in running a mining business! So your questions are just 101% wrongly worded, there is no asnwerign them! Now as a solo miner, you need to have a hashpower to be able to counter the combined hashpower of the all the miners in the world to be able to generate enough coins to either ROI and break-even or profit beyond break even point.
Actually this is not true as it's not really a hashrate competition but how much that hashrate costs. You stared well but got sidetracked, if of course we're not talking about usb sticks , a miner who buys his gear cheap, is paying 1 cent per kwh and he runs his own farm alone will manage even with solo mining to out profit in the long term any other miner or even mining company even if he has a few dozns of petahashs not exahash. He will only get a block once a month but long term as randomness starts giving away his lower costs will have the final word and he will be more profitable even with 1/100of the hashrate! |
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With rewards dropping to 3.125 miners (kingpin massive mines) will want high fees
Damn, and I was just looking at my new 7 cents/kwh tariff for the year! No expansion plans for me.../s , tons of sarcasm! Massive miners don't care that much phil, they don't run on their own money, people don't care about results, they care about shares, the guy running this is not looking at his wallet he's looking at his ceo wage, MARA shares spiked to $31, even now adjusting to the $20 areas it's still 550.59%, RIOT is at 328.04% both beating Bitcoin with a large margin. Big miners and us plebs live a different world with different rules! Without a doubt, this will be difficult to combat.
Pretty simple, you stop paying for it! When something becomes unfordable people ditch it and move to something else, then that thing becomes the main gateway for payments. Have you seen the discussions here about the payments? We're on bitcointalk and we're talking about people getting paid in doge or ltc, maybe soon even usdt, on bitcointalk! I stopped myself before saying that maybe we should tart using Paypal! Small payments on chain were done one way or the other anyhow, ordinals or no ordinals, image we indeed would have 100 million bitcoin users, how would that work? Consolidate small inputs by the 4 or 5 (I don't know how much goes before 0.5kb) with 21sat/b with Viabtc and just hold, it makes like absolutely no sense now to transaction on chain, and most likely will never make sense in the future unless you deal in thousands in $ value. Latest Block: 824171 (5 minutes ago)
Current Pace: 100.3862% (1644 / 1637.68 expected, 6.32 ahead)
Next Retarget (earliest): Saturday at 6:43 AM (in 2d 13h 45m 41s) 6 blocks, and nearly 400 to go, this could turn negative any moment, that 6.9% adjustment last time was a fluke! |
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there is facts and data on the internet. but you cherry pick without understanding the context.
for instance even stompix done it too
"USA's fertility rate is 1.66 , China is 1.09."
he didnt use the context that years prior US had higher rate
he didnt use the context that years prior china had lower rate
And in what alternate reality did that happen? https://data.worldbank.org/indicator/SP.DYN.TFRT.IN?locations=CNmeaning US is on the decline and china is on the rise
And in what other different reality is that happening? https://data.worldbank.org/indicator/SP.POP.GROW?end=2022&locations=CN-US&start=2010which again as said, those that were 22+ in 2017 are still ingrained in one child family planning. so not planning on bursting out a football team in the next couple years How do you explain that not only there wasn't a pop but the number is even lower compared to the one child policy time? You're ignoring a lot of things in your assumption as always, you treat countries like simple statistics abased on your own views, completely ignoring what previous policies have done and the mindset of mainland china. Everyone, including the population, waited for this policy change with hope, it's in their culture to have a boy child first, or at least a boy if one kid, that's why it was expected millions who only had a daughter to try to have a boy kid, millions in their 22-35 age gap, well it didn't happen because they realized the cost of rising a second child is just out of their reach so the miracle didn't materialize! But of course, you're not going to believe me so, a simple question, why did the chinese main statistics center stopped posting fertility rates for 4 years after 2017, the first year of policy change and all the data was coming from regional government till they couldn't hide it anymore? When China or any other country cancels the release of a basic indicator, you know it's so bad they don't even want to talk about it! China's inflation is low enough, why don't turn on the Yuan money-printer and let it go BRRRRR.
They've done it already though regional government debt! Local government debt in China is $12 trillions, they printed money like mad and hid it under a ton of other statistics, but slowly as things crumble and state companies go bankrupt the pile of money pumped like there was no tomorrow comes in plain sight! https://asia.nikkei.com/Spotlight/Caixin/China-s-trillion-dollar-dilemma-of-local-government-hidden-debtChina's local authorities have accumulated trillions of dollars of liabilities off the books. They mainly include bonds issued by local government financing vehicles (LGFVs), state-owned companies set up to finance local investment such as building infrastructure. Debt is also hidden in public-private partnership projects, shady loan contracts and other channels used by local governments to raise money.
There is no publicly available official data on the current scale of the hidden debt.
As usual, when things are bad, they stop talking or releasing any data about it! Imagine the outrage in Europe if any govemermnt wouldn't release data about the debt of the town halls, regions or state companies? When one tiny thing hidden comes to light there is like a war erupted in the media, when it's china...well, it's china! |
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Have you considered that the western sanctions against Iran has anything to do with it? This is why countries like Iran are joining economic groups like BRICS and also why these countries wants to ditch the US Dollar as a global reserve currency.
They have trying ditching it a long time ago, but nobody wants to touch their currency and by putting together the whorls shitiest currencies, who do you think will touch them? You know the difference between the euro and the brics currency? Before there was the euro the franc, the deutsche mark, even the lira or the escudo were stable currencies, there was no 600% devaluation against the dollar in a year for any of them, and even with that it triggered a few problems, imagine now the rial and the rupee together! You and pooya87 are like Yin and Yang. I would really love to see him in this thread  Not going to happen you know why his topics are moderated? Because I kept calling out his lies, like when they destroyed 1 trillion of us army equipment in one Iranian attack on us bases, we all know what happened afterwards when it was daylight, there was no trillion damage but it was a civilian planed downed by their own army on their own airport. I always put numbers in my topics, he pushes fantasy Iranian propaganda, and he's so insecure about it that he needs to censor any other opinion! Does it really make sense? First of all, take care of your country and don't come here if you dislike this place and people and second of all, why should you feel happy if someone has some problems, I don't get it. Because they can't! That's it! That is why they hate the US and the western world, like a child that can't draw and the first thing they do is to try to destroy the other kids drawings. It's envy grown from impotence, they see everything around them going to dust and they can't blame themselves, they need an enemy! Now there will be someone who will tell how good it is to live in Iran, and how they will soon create their own currency together with Russia, and then the dollar will definitely collapse  ))) Oh yeah, and all this while counting in $ how much his coins are worth! |
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Honestly, I would have expected to see by local currency, the Venezuelan Bolivar (VES) here in this thread. I guess it is good not being the case of being the most devaluated and shit FiAT of this past year. I still remember when our currency used to lose 50% of it's purchasing power in a single week or so.
It's because you've have cut so many zeros and went though so many changes of name that right now it's not the weakest anymore, just as with the Zimbabwe dollar, if you cut enough zeros of it you make it super strong. Of course that would mean you also get paid 2-3 coins a month Actually quite curios, what's the real rate right now for whatever bolivar you have right now? If possible a medium wage vs a bottle of cola comparison? Now it starts to make more sense why you see them trying to stoke tensions in the Middle East. Apparently one of the only things of value, at least while the horrible religious leaders stay in charge, that they're able to export to anyone is oil. Which means they'll try to cause any chaos they can in an effort to make more money from this commodity. They stifle every other area of their economy with their religious crap and oppress women at every opportunity, it's a shame for the normal people in the country but the religious bullies are in charge. The sooner the government falls the better, but they have had their claws into everything for such a long time it will take a monumental effort to break free.
Of course it makes sense. Every failure of a government that is unable to keep its population fed will invent enemies, it will all be because of the US because of the west, because of women not covering their faces, because of jeans, because of rock music, you need to feed the population lies otherwise if you run out of virtual enemies their will turn to the real enemy, the idiotic government in charge of the country, they will look at the numbers and see that despite being rich in oil, gas, despite being the most that and that as propaganda claims they still earn $100 a month and their GDP is the size of Bulgaria. |
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Coinweb says that the total number of crypto wallets worldwide is 84.02 million, a significant portion of users from Europe and the U.S. That makes for 420+ million crypto users.
What do we consider a user to be? Because if somebody is not actively using Bitcoin or other crypto daily and are just storing them on Binance or Kraken then that's no different than calling nobody a Tesla user because he has stocks in it and not because he has a car. And I'm not buying that close to half a billion number, just look redound you, does it feel like one in ten persons is a crypto user? The number is way smaller than this, I would even dare to say by an order of magnitude, 40 million sounds way more plausible than 400 million. |
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Bots are again abusing ViaBTC free accelerator. In the last block mined by ViaBTC, the minimum required fee rate for getting confirmation normally was more than 80 sat/vbyte. ViaBTC included 165 one input - one output ordinal transactions that paid 23-24 sat/vbyte each. There are free spots or at least they were available last hour. Managed to push one tx for somebody then as I saw still 24 spots I said what the hell, accelerate my own, too bad Viabtc is using a small node, so my tx which shows on all major node was pruned from theirs! Now you don't have to just : - be at the right time of 00 - make sure your tx is under 0.5kb and over 10sat/b no /vb - beat some bots or pray they are not active exactly that hour - pray that Viabtc has found few blocks that day so you're not looking at a no spot hour You know have to also beat the pruning fee for 300MB nodes! |
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And we're going to have the few miner around here cheering every time Feebudy goes up and disgustingly licking our fingers full of fudge thinking of those fees! This probably was my dream before I realized I have not a single input worth $300 in my spending wallet so I'm going to use.... Well, I don't know many miners except phillipma. We might see him around. Juts in this topic present there is mikeywith and you might look at what I said, when regarding miners, I used "our" Of course , I'm hobby sized and even before I was running in the very low PH area! Imagine this thread becomes a mega thread, and you have to create a self-moderated thread because of spammers! The signature campaign will exclude this thread from posting. LOL. I can see the future already.
To be honest, couldn't care less, a signature ban would mean the end of quota post so a bit of end of spam too, if people would engage in genuine discussions 1/100 of the posts I would still consider it a net positive factor! But isn't there a non-zero chance that it would also open more opportunities for some entities to send larger payloads of "spam" per block and store them in the Bitcoin blockchain?
People will not drive each 100 cars at the same time just because they have 100 lines of roads just as they don't buy 100 tv cause they have 100 channels. Assuming half of the traffic is ordinals, then in an event of x10 space they will need to cough up 19x times more transactions, costing them from 0.9 BTC per block as we speak nearly 1BTC each block! That's with 10MB! And before you say something about personal nodes, need for decentralization: - Nobody has a problem that an M63S runs at 7300.00W which would blow the fuses and melt the cables in most houses - Nobody has a problem that half of the LN nodes are hosted with google and amazon https://mempool.space/lightning/rant over |
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Now that 2023 has ended in high spirits and Bitcoin is going up and up and up you have to think what bullet you have dodged with fiat currency!
You think the deprecation of the US is bad, just look at what others have experienced and you might start to thank god for at least saving in $ if not BTC other than:
- russian ruble, losing 31% purchasing power
- turkish lira losing 44%
- lebanese pound losing close to 700%!!!!
But when it comes to toilet paper few managed to rival Zimbabwe and Venezuela, till a new contender entered the scene , Iran!
Most of you know about the discussions on how hard it's to buy something in Satoshi price, for example a cup of coffee would cost here 7086.649 so, how hard would be to deal with that? But even that it's child play when dealing with something that is worth:
0.000019 of a dollar!
Think it's bad? No, it gets worse because that's the price for a toman, the rial is 1/10 of that so at a black market rate of 1:505600 against the usd a rial is worth shit..of wait, something close to it at 0.0000019 of a dollar or 0.00019 of a cent!
Which brings us to our smallest denomination, the satoshi:
One Bitcoin equal $45660 and at a rate of 1:505600 that makes one Bitcoin worth 23,085,696,000 that's billions rials.
So your considered by some worthless satoshi is 230 rials!
Want to be a billionaire? Just buy 0.04 BTC!
The morals of the story:
- no matter how much value you think the dollar is losing, there is something doing that 1 million times worse
- no matter how worthless you think a Satoshi is, it will still top a fiat currency that goes down the drain
But most importantly, if you think one can't deal with Satoshi, there are proof millions are dealing daily with smaller denomination, so with Bitcoin going higher and higher, soon rather than thinking of mBTC we might have to think of mili satoshi!
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