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681  Bitcoin / Bitcoin Discussion / Re: Why is the transaction fee and mempool congestion increasing ? on: May 03, 2023, 02:40:33 PM
Why did you not opt in to RBF? Silly not to, especially when the mempool is as it is. RBF would allow you to bump the fee at any time. As it stands, your options are to either wait for the mempool to empty down to 6 sats/vbyte, or if that hasn't happened within 14 days, then you correct in saying your transaction will drop.
Replace-by-Fee is chosen by a software wallet default if I am right.

So why the user did turned it off in the past? I am not sure what is a reason to turn it off. With RBF opt-in, we can bump the fee rate any time we want to do that. Without that opt-in, the only option left is Child-Pay-For-Parents which is more complicated than RBF.

How Replace-By-Fee (RBF) an Child-Pays-For-Parent (CPFP) can speed up confirmation
[TUTORIAL]getting a low-fee transaction unstuck by creating a CPFP with electrum
682  Economy / Trading Discussion / Re: Can golden cross on S & P chart trigger buying in Bitcoin? on: May 03, 2023, 02:34:38 PM
Why did you try to connect S&P 500 as well as golden cross from it to Bitcoin?

Bitcoin does not have two years in red continuously and that is its history. If you believe that history won't be broken, this year will be in green. A next year will be a halving year and again with history, halving year is great for bitcoin as well as one year after that.

I will consider about Bitcoin history as it is more important than what's happening with S&P500.

https://buybitcoinworldwide.com/stats/yearly-candles/
683  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: May 02, 2023, 02:15:14 PM
It's hard to guess the final result later. They are just as strong, they have excellent stats. Although I support Real Madrid, I also have doubts. The reason is because Man City were very strong today. They have an incredible Haaland. Pep and Man City have tried to win the UCL but they have always failed. Today they had a great chance of winning and getting to the final. I feel very confident that one of the winners of this match will be the UCL champion this season.
It is very hard to predict a winner because I really believe that the winner will be decided by very slim difference between two clubs. Just like their matches in the past season, until very last minutes of 90 minutes, nobody thought Real Madrid could bring Manchester City to extra halfs. By some last magic minutes, Real Madrid did it, brought the opponent to extra halfs and won it after all in surprise as well as disappointment of Manchester City.

I am thinking of a similar scenario in this season as they are both very strong and not much different in quality. Their squads are full of star players who can have fantastic moments to decide final result.

I don't want to say that something like that will happen here, because Guardiola is also a very experienced coach and in this tournament he went very far with different teams, so in this case it is not worth talking about the advantage in experience.
Pep Guardiola is a smart coach but he has never won any Champions League after his departure from Barcelona. He still needs to prove to everyone that he can win Champions League with other clubs. So far he failed from Bayern Munich to Manchester City, which is a serious failure for his career but he can change it, maybe in this season. Again, he and Manchester City are very closely to Champions League final.
684  Bitcoin / Bitcoin Discussion / Re: Why can't regular flash drives store Bitcoin on: May 02, 2023, 09:02:55 AM
Hardware wallets are not safe in and of themselves, or because there is an in-built security feature that protects its users, hardware wallets are safe because they store the owners keys offline, and when the keys are offline it is impossible for an attacker to steal it.
With hardware wallets, your private keys will not be exposed to the Internet so that it will keep your coins safely from threats which can steal your coins. With hardware wallets, you can broadcast your transaction, sign it without leaking your private key.

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But a hardware wallet isn't just safe on its own, the owner must have great operational security, they must back up the seed phrase generated from the hardware wallet and ensure the physical device is also kept in a safe place and always encrypted with a PIN.
This is about other things like wallet backups which are vital for you when you need to recover your wallets. It belongs to a hardware wallet user and his practice. If a user is careless, does not make wallet backups, and lose his coins because of unable to recover his wallets, it is not responsibility of that hardware wallet producer.

If you build up a good lock but the buyer who buys that lock for his house but leaves the key in front of thief eyes, it is not your responsibility if that house is invaded by a thief.
685  Economy / Trading Discussion / Re: Sentimental analysis explained! on: May 02, 2023, 08:54:46 AM
Does Sentimental analysis work?

Yes, it does if used rightly, and I'd used it before getting to my present state in trading. All you need is to find the right channels for your information and you will be fine. The people using this analytical type can collect as much as possible data for a particular asset before they eventually use the ones with the highest number or percentage in a particular direction as their chosen signal/bias.
You can only use Sentimental analysis well if you understand about the Psychology of market well too.

Fundamentals are things to help Bitcoin gaining its value and growing with time, getting more widely recognition and adoption. Fundamentals are for long term.

Sentimental or psychological factors will impact the market and price in short term and mid term. You must understand it to avoid panic, fear, uncertainty and be weak in this volatile market. When you understand the market psychology, you will be able to have diamond hands as well as be able to take advantage of panic sell.
686  Bitcoin / Bitcoin Discussion / Re: Binance sees a large uptick in the amount of BTC held on their exchange on: April 30, 2023, 12:51:38 PM
It could well be for the Binance EARN program, consisting of staking and liquidity farming. Confidence could have been rebuilt here indeed as Binance managed some of the rumors quite well when a lot has been withdrawn from their exchange. I think a lot of those who engaged in those EARN activities considered the opportunity cost too high in case something goes wrong. Now that it seems to have stabilized, they obviously reconsider depositing again.
They just believe in Binance again after they witness that exchange successfully proceeded billion of dollar in user withdrawals in late of 2022 and early of 2023 under many fuds. Binance by their smooth withdrawal process and good solvent liquidity for their users, just reclaimed their trust after fud attacks.

Those programs can not help Binance if they fail to proceed withdrawals for their users in latest months when cryptocurrency investors were very panic after collapse of FTX exchange (insolvency) and some bank collapses.

They need to always keep this Reminder: do not keep your money in online accounts in their minds.
687  Bitcoin / Bitcoin Discussion / Re: Too many bills killing crypto on: April 29, 2023, 06:28:27 PM
If they did not or were not able to kill Bitcoin and cryptocurrency market in 2009 or a few years later when this ecosystem was very small and more easily to be eliminated, how will they succeed now and in future?

This ecosystem has become bigger considerably in the last few years and it has invaded into traditional finance markets as well as politics. I believe it has reached to a point to exist forever and it won't be eliminated by any bill, dozen of bills, a single country or many countries.

Bills are not bad and some bills might have positive contribution for cryptocurrency ecosystem. I know if you think negatively, you will always see the world like this and future for cryptocurrency like this.
688  Economy / Gambling / Re: 🐺 wild.io 🎰 Wheel of Fortune 🎁 Daily Rewards 🔥 10 Minutes Cashouts on: April 29, 2023, 06:22:13 PM
One thing I think you guys should understand is that, no matter how good a service a casino provide, there will always be some group of people that still will be dissatisfied, and it doesn't matter the reputation of the casino, and this is something that is very common in businesses outside the internet
It is not about satisfaction from a single user or group of users. It is about a casino's rules (terms of service) and how they fulfill it for their users. If their rules are clear, and they don't break their own terms of service when they are serving their users, I am sure their reputation will be intact even there are people who don't satisfy with it. They have reasons to not satisfy but it is not issue of the casino itself.

Quote
as a business man myself, I've always tried my best to provide the best of service to all my customers, no matter how small or big their money is, but some person still find one or two reasons to complain - exactly why they said, human beings can never be satisfied.
Complain is everywhere and by many reasons and you can not satisfy all your friends or all your customers. It is just keeping your promise of what you provide to your customers.
689  Bitcoin / Bitcoin Discussion / Re: Keeping up with Bitcoin News- Credible Sources Needed To Save Time on: April 29, 2023, 04:15:31 PM
Do you think reading too many news is good?

I don't think it is good and it can affect your emotion, psychology then decision will be affected with more news you read.

Rather than reading news, I think you can do a better thing, reading on-chain data, charts and reports like from Glassnode, Glassnode Insights.
Glassnode: https://glassnode.com/
Glassnode Insights: https://insights.glassnode.com/

Or Coinmetrics.io Insights, State of the market: https://coinmetrics.io/insights/

News can be faked and you can not verify it is faked, fud or not but on-chain data can be verified.
690  Bitcoin / Bitcoin Discussion / Re: Adopt Bitcoin or keep Experiencing same Challenges with Banks on: April 29, 2023, 11:47:10 AM
Challenges with banks are different than challenges with Bitcoin and cryptocurrency and their market. They are clearly not same challenges from legal, regulatory aspect as well as adoption.

Bank industry has longer history than Bitcoin, cryptocurrency industry and there are more laws, regulations on it. With Bitcoin and cryptocurrency, there are less available laws and regulations as well as more grey areas in this field.

I consider it in a positive view, there are more challenges, there are more chances for Bitcoin and cryptocurrency.
691  Bitcoin / Bitcoin Discussion / Re: Bitcoin wallet address types and balance Distribution on: April 29, 2023, 11:41:27 AM
Look at HODL waves, you will see that many Bitcoin holders fail to hold their bitcoins too long.

If you are interesting in, you can look at more detailed charts for different amount of hold bitcoins and how stats change with time.
1+ year hold wave
5+ years hold wave

If it is too general, you can check five charts for 0.1+ BTC, 1+ BTC, 10+ BTC, 100+ BTC, 1000+ BTC. Those charts are freely given by Lookintobitcoin.

If you can hodl more than 5 years and one month, you are surely in profit. It is based on past data from https://hodl.camp/
692  Economy / Gambling / Re: 🐺 wild.io 🎰 Wheel of Fortune 🎁 Daily Rewards 🔥 10 Minutes Cashouts on: April 28, 2023, 01:22:06 PM
Roobet.com and Jackbit.com sent my money after calling them out in their threads.

The wild.io scam and Stake persist to scam me, but Stake will not get away with it. Wink
I'm not trying to defend wild.io because their trustworthiness is still questionable, but I really know if Stake isn't a scam casino and I believe you did wrong in their casino. Roobet and Jackbit might don't want to argue too much with you, so they choose to give your money to make you shut up.

It doesn't looks good when you have 2 negative feedback in your profile, no one will trust your words.
I don't know about customer care and reputation of Wild.io but if a user had many problems in the past with Roobet, Stake.com which are highly trusted gambling sites, it means something about that user activity as well as compliance to the service he used.

I am unsure about Jackbit but with only Roobet and Stake cases, it is enough to have suspicious thinking. I know Jackbit was there for a while and did not see scam accusation about them except BlackyJacky case if I am right.
693  Economy / Trading Discussion / Re: Trading or investment! What's your take? on: April 27, 2023, 10:58:31 PM
Often time I met saying I'm into trading I don't do investment, on the other some I'm into investment, trading is on a very high risk demands.
It is a trap.

If you are rich, you don't trade but will choose investment instead.
If  you are poor, you are more keen on trading as you think it is a way to help you get rich more quickly than investment.

Fact is painful, you are poor and get poorer by trading and worse your life will have lower quality as you have to be affected from stress by trading.
The rich get richer by investment and their life is happy as they don't have stress from trading.
If you can be good in investing, then why not learn to be skillful in trading too. After all, if you’re doing good both in it
Even so, you have to be good in capital management as if you use your investment capital and switch it to trading, you will probably lose most of it.

I am doubtful that if you are a successful investor, you can be a good trader.
694  Economy / Gambling discussion / Re: UEFA Europa League 2022/23 Season on: April 27, 2023, 10:49:53 PM
sevilla is favourite for the cup, beating the best team in the cup and getting to the far, means that they are favourite, juventus is another contender.  both team can meet in the finals. they have been outstanding in the league. but i wish Sevilla wins
They already have 6 Europa League trophies and they are a big name in Europa League. In this season Sevilla don't have their best performances in La Liga and Europa League but when the season comes to its ending, they likely are getting their best back. The big win against Manchester United in quarter final sounds like their alarm to Juventus and other three clubs that Sevilla are really ready to win Europa League again.

Apart from that, Roma vs Leverkusen will be more interesting to follow because Alonso will provide an interesting achievement for Leverkusen if he is able to bring Leverkusen through to the final. Meanwhile, jose mourinho is a coach full of experience that can make this match colored with a pretty hot atmosphere.
Leverkusen did have bad months before the appearance of Xabi Alonso at their coach position which helped them to improve and have a very good impressive streak in Bundesliga. These matches between AS Roma and Leverkusen will be first times Xabi Alsonso faces with Jose Mourinho as coach fighting so it would be interesting for both of them.

Against Juventus in the semi finals, Sevilla will play the with the belief that they're good enough to challenge anyone in the competition and still win comfortably. But when we talk about quality of players and which team has a better chance to progress to the finals o think Juventus does. I'll go with Juve just a bookmakers
Juventus have better quality as they have more star players and in reality, with real performances and results, Juventus have better position in Serie A than Sevilla in La Liga. We are all aware that Sevilla just moved beyond the relegation zone in latest weeks but they still need to maintain good performances in remaining matches to be safe and not be relegated after all.

Quality of players are different but not too considerable between two clubs. I don't think it will help Juventus too much in semi finals.
695  Bitcoin / Bitcoin Discussion / Re: Lightning Network Observer on: April 27, 2023, 10:40:58 PM
From the article I also came to notice that Microstrategy were the pioneer company to hold bitcoin as a company.
You are in this forum long enough and in Bitcoin community long enough to know Micro Strategy is a biggest institutional investor so far. Details about their investment into Bitcoin. They got big capital investment from many big names and they use those raised capital to buy bitcoin.

Micro Strategy statistics

More institutional investors: https://buybitcoinworldwide.com/treasuries/
696  Economy / Speculation / Re: The Bitcoin market is back on track on: April 26, 2023, 03:21:25 PM
With daily, weekly, monthly or even quarterly candles, you will see lot of volatility and big ups and downs. I am sure many of us will feel panic with the tables
Bitcoin history price in monthly returns and quarterly returns

Checkonchain has two charts for monthly and quarterly retracement.
https://checkonchain.com/btconchain/monthlyreturns_pricing_usd/monthlyreturns_pricing_usd_light.html
https://checkonchain.com/btconchain/quarterlyretrace_pricing_usd/quarterlyretrace_pricing_usd_light.html

If you see it long term, you can see yearly candles and you will see Bitcoin is uptrend very clearly and it is on the right track year by year.
697  Bitcoin / Bitcoin Discussion / Re: Are there any Bitcoiners here who are living offgrid? on: April 26, 2023, 03:13:29 PM
So, is there anyone else here that is questioning the current political and banking changes, and moving to an independent offgrid lifestyle?
If we are using banks, fiat currencies we must observe what are happening with them. You are living and moving around with your converted van but you still use other facilities and products from society. Others who have life like yours surely must know what's happening with banks etc.

Only if you are living a life with a farm and you can have almost everything you need for your life to survive except medical care, you will not have to think too much about bank system.

In addition, you must have survival skills to do things in your life by your own with offgrid lifestyle which requires more skills than usual.
698  Bitcoin / Bitcoin Discussion / Re: Bitcoin Scalability on: April 26, 2023, 03:08:01 PM
Any issue you could have with bitcoin scalability had been provided a solution with in bitcoin Lightning Network, the size, time and cost of performing a transaction is well simplified to be best suitability of anyone in making use of the lightning network, gone are the days when this was an issue and people complained about it, the solution arrived with the introduction of bitcoin lightning network, scalability is no more a concern to think about
Lightning Network is only part of solutions for Bitcoin scalability and transaction fee. With Segwit,Taproot adoption, we have other solutions for it on layer 1. Lightning Network is layer two solution and they all contribute to Bitcoin scalability and reduce transaction fees for Bitcoin users.

With those charts, you can see how Lighning Network, Segwit adoption together helps Bitcoin transaction fee to be much lower than Ethereum.
https://jochen-hoenicke.de/queue/#BTC%20(default%20mempool),all,weight
https://blockchair.com/bitcoin/charts/average-transaction-fee-usd
699  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: April 25, 2023, 11:21:04 AM
Probably some gamblers are thinking the rules of these casinos are just the same so they don't take time reading the ToS before proceeding to gamble. Then if they already face an issue that's the time they will read the rules to know if they violate one of it in connection to their problem.
I guess they don't read ToS or FAQ before they have problems with their accounts like suspension, lock, ban, can not withdraw their money. Like some people store their cryptocurrency on centralized exchanges and consider their accounts are like non custodial wallets and completely safe. They don't follow those exchange blogs, Twitters and don't know about policy changes like new requirement on KYC. At the end, when their account is restricted, they complained.

I think it is very similar with gamblers on gambling sites as most of them don't read ToS and FAQ. I don't too honestly but I will search with some key words to find information, rules about important terms which can affect my account and my money.
700  Bitcoin / Bitcoin Discussion / Re: Bitcoins, Telegram and Security on: April 25, 2023, 11:02:24 AM
Also, if somebody steals your phone and it has Telegram, they will also try to drain out all the bitcoins from the Telegram wallet.
I guess they can not drain out our bitcoins if they get our phone with a condition that we don't store other layers of protection on that phone.

I don't dig to see how Bitcoin trading and withdrawal on Telegram is or will be but I guess it is similar to withdrawal from centralized exchanges, we will need 2FA code or confirmation code in email in order to complete our withdrawal request.

You are right about that risk. If I have an account on a centralized exchange, I log in it on my phone. On the phone, I also log in my email which was used to register my exchange account. On my phone, I also have my 2FA application. If anyone steal my phone successfully, all my coins will be stolen easily.
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