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741  Economy / Economics / Re: Early Retirement [Pros and Cons] on: September 20, 2023, 03:13:18 PM
Even those at work presently are not planning to get retired soon despite knowing that they are due for such, if the nature of work we do has some more important benefits it served us then we couldn't have wanted to get retired soon because of those incentives, power and the privilege we gave as an opportunity to have served under such capacity, if one retires he has no working opportunities reserved for his earnings any longer, but when one is tired already, he has to retire to get himself alright and leave by what he had worked for.

I do not understand that a person who worked so many years working and making a good living can live without doing any work and get an early retirement. Frankly speaking, if a person can work, he should work till the time he is old enough to retire.

As per my experience, those who took early retirement either got engaged in some sort of illness and some who got early retire even died early after getting retirement.

Nature wants us to keep a balance between work and rest, Total rest and total work, both will lead to bad results.
742  Other / Meta / Re: Is the first Merit the hardest Merit to get? on: September 20, 2023, 02:34:22 PM
yes, getting first 1-10 merits are the hardest of all, I received my first merit after 3months of registering on this forum on this post.
and it is hard for users who are also new to this forum and new to bitcoin because they know very less about bitcoin to contribute in this forum,
if a user is newbie but have in depth knowledge of bitcoin and working of bitcoin then community will identify him and will give merits according to contribution and value he is providing,

Talking about the first merit, it also depends upon luck too. Sometimes a newbie asks a simple question in the forum or responds well to any query and he will usually get a merit. Other people may not get a first merit even writing a lengthy post too. I think there is no way to know on which post you will get a merit or on which post you will not get merit.

A simple rule of thumb is that if anyone is active in the forum, responds and discusses the topics, he will get the merits sooner or later. Don't wait for merit, just keep posting naturally and the merits will come automatically.
743  Economy / Speculation / Re: Will ETFs pump BTC to $100k soon? on: September 20, 2023, 02:13:07 PM
Grayscale is about to launch a Bitcoin ETF soon. They've recently won a lawsuit in court against the SEC. Other companies (eg: BlackRock) are considering doing the same. If these large-scale investment companies join the "Bitcoin train", do you think market prices will "pump"? How would this positively affect BTC in the long term? Do you think it's possible the cryptocurrency will reach $100k if ETFs are approved by the US regulatory agency (SEC) before the halving of 2024?

Your input would be greatly appreciated. Thank you. Smiley
This will speed up the process to be honest. If these companies win, then definitely they will create lot of many opportunities in the Bitcoin ecosystem and it will hence lead to large scale promotion of Bitcoins. Now more people will be interested to join the Bitcoin community, and hence they will start buying the coins. This will increase the demand to acquire the coins. And as we know Bitcoins are limited in numbers, hence to balance the demand the price will go up. So yes it will indirectly help Bitcoins price go up.

In the long run, the bitcoin price will go high due to the ETF approvals but i do not know how the price will play its part in the short run. There can be hype of bitcoin ETF and the price may rise very high but as soon as the ETF is approved, the price can dump for a short period of time. I am saying this because of my previous analysis when the price keeps on rising near any major event and starts to dump on or near the event.

However due to the nature of this event, as a lot of investments will come into bitcoin, the price may never dump at all and keep rising.
744  Bitcoin / Bitcoin Discussion / Re: How do you feel when you look at your first Bitcoin wallet? on: September 19, 2023, 11:39:36 PM
My journey into Bitcoin was entire due to the need to send payment across borders as there was FX and several other restrictions in my country. So, I joined Bitcoin just to use it for cross-border payment without knowing it could actually be a way of creating wealth in the future.

Just recently, I was tempted to check my first ever Bitcoin wallet to see what I have done in the past. I was so depressed seeing the volume of Bitcoin that have passed through my wallet without me saving a reasonable portion of it.

I have the feeling that many forum users too have similar experience; do kindly share just maybe I can feel a little better knowing that I'm not a lone.


I think everyone would have experienced this and would have regretted that they spent the bitcoin when it was so cheap. On the other hand, if they could hold on to the bitcoin, they would be millionaire by now. I have spent bitcoin under 5000$ too and at that time I was so happy but later when Bitcoin reached 19,800 at the peak of 2017 bull run, I was so depressed.

Anyways, we always learn things with experience. Now I do not spend Bitcoin unless it is extremely urgent. I keep holding and wait for the next bull season to cash out some of my bitcoin. You can accumulate too as much as you can. I know that owning one full Bitcoin is not so easy nowadays but still, any amount will be good. You would not want bitcoin reach 100,000$ and you do not have any portion of it.
745  Bitcoin / Bitcoin Discussion / Re: They sent me btc to my wallet they were available and then they disappeared! on: September 19, 2023, 11:28:20 PM
It sounds like you accepted an unconfirmed Bitcoin transaction, and got scammed. Bitcoin fees are quite high at the moment, which gives the seller/scammer plenty of time to use RBF to replace the transaction by another one.

In his other thread, the OP said that he received the BTC on Binance. So there is no chance of any transaction being replaced by RBF etc because binance will only show you the balance once it is confirmed.

I see this as a case where either the OP moved the funds from spot to funding or any other wallet or something else. If he had a balance in the binance account, and no one else had access to his Binance account, the balance could not just get vanish.

It would be good if the OP could show us the transaction history so we can see if the balance ever arrived and was later withdrawn by him or anyone having access to his account.


I purchased a quantity of BTC from a seller, I made my payment in cash and received the BTC on binance I saw that they were available I could use and transfer them and the next day they disappeared
I have read that the scam is called double spending, does anyone have any knowledge?
746  Bitcoin / Wallet software / Re: Unstoppable wallet {User experiences} on: September 19, 2023, 04:34:01 PM
Unstoppable wallet version 0.35 released: https://github.com/horizontalsystems/unstoppable-wallet-android/releases

The Wallet is separate from the Transactions. I'd expect to see all Transactions "under" each coin, instead of on a separate tab where I either see all coins, or have to select one again.
This feature is on the new version. Click on the coin and you will see the transaction history.

Edit:
I am unable to see the technical indicator again, but also on the older version. Am I correct? I think the analytic tab is replaced by 'overview'. I am not that using Unstoppable wallet until now, the reason I forgot about this easily.

Just updated my Unstoppable Wallet to the latest version. Below is the key highlights shown of this update when I was downloading it.




In the markets tab, i see only Overview, News and Watchlist. The transaction tab will show all the transactions. Don't remember how it was before the upgrade as i don't actively use the wallet. Only using it mainly for storing the altcoins for the mid to long term.  Anyway i like the new interface.

747  Economy / Speculation / Re: Good time to sell? on: September 18, 2023, 11:51:35 PM
The right time to sell is of course very difficult to predict because we won't know until the BTC price rises, so in selling I will use the DCA system and gradually, and I think using the DCA system is a good way to do it. sell BTC because if you don't use the DCA system I'm afraid all BTC won't be sold. and I also in selling will look at the market situation and news.

Right now we should not think of selling.
This is the time of buying bitcoin as bitcoin is well under its price of the all time high. This is why people need the knowledge when they come in financial markets to either trade or invest in bitcoin.

For me, I will plan and think to sell when we reach all time high again or make new highs. Believe me, if you buy bitcoin at around 26-27k and sell it at 30k, you might be happy making a few hundred dollars but you will miss the big moves as the bull market first phase is very near now.
748  Other / Beginners & Help / Re: Deleting Post can reduce the merit we got? on: September 18, 2023, 02:17:54 AM
hope y'll having a good today. i was in confusion like if we delete any previous post from Account on which we have got some merits....Deleting that particular post will have any impact on our total of merits like will its reduce or still remain as same as before? I thought i should ask it to the community so that it will add up to my knowledge and Information. If Anyone of you know about this please do lemme know Many Thanks

My first question is that which of your post do you want to delete that got merit and what is the reason for it ?

If you asked this question as a generic one, then you have been told by the members already that the merits given on that posts will remain with you and they will not be reduced.

Sometimes even mods deleted our posts and it had merits, in that case too, the merits remain intact.
749  Bitcoin / Wallet software / Re: Using Instant Exchange on: September 17, 2023, 01:30:50 PM
Besides, anybody who uses a centralized service should already know the risks of them keeping a record or even being a honeypot. Be it ChipMixer or Wasabi centralized coordinator which we know for sure is working with anti privacy companies and actively censoring transactions.

There are never any risks when using Wasabi because there is no data revealed by users for anyone to keep a record of.  Even if a coordinator is operated by a malicious entity, they cannot deanonymize you or link your transactions together.  Chipmixer is entirely the opposite, they gain complete knowledge and access to all of their users' funds.

We all know that you are promoting Wasabi Wallet and for that purpose, you will try to prove Chipmixer and other mixing services as scam (When they are not).  Huh

That could be a mixing but not in a deeper level, but your transactions can be traceable, especially if a particular exchange is obligated to disclose your transaction information on their platform. We have a government agency that oversees this, known as the Anti-Money Laundering Council. So, if you simply desire privacy for mixing and haven't engaged in any illegal activities, that should be sufficient to achieve your purpose.

So if he uses exch.cx or any instant exchange and convert his money into XMR, then i think he is more secure and even the blockchain analysis companies won't be able to figure out much as once the coins are converted to XMR, then to trace it further becomes impossible.
750  Economy / Scam Accusations / Re: Coins Game Rug Pulled 72$ a new low for the crypto gaming world on: September 17, 2023, 07:55:40 AM

In the TOS it should read, affiliate funds are there to withdraw only and not to be played with. Which is another absurd joke, you put in the work to get them players. You make money for them, you get a tiny piece of the pie and then they tell you that you are a cheater and bonus hunter. Just blows my mind.

So you can withdraw the affiliate funds but cannot play with?  This is really strange as Cainso will usually like that people wager with the funds so that they may lose the funds in this process and are left with no funds to withdraw.

Secondly, how can they distinguish that you are playing with Affiliate funds or your own funds? Unless and until you are either playing with all of your money at the site or you do not have any money deposited at the site.

After I calculate my wager vs withdraw = 4.5$ + 9$ + 8$ + 8$ + 8$ + 5.5$ = 43$
So the system indeed could flag me 43$ wager trying to wd 72$. But still this shouldn't be an issue any casino has to honor their bets and their affiliates.

The casinos should not be caring about the amounts like 43$ or 72$. This is just ridiculous that the casino earn thousands of dollars and they will lose customer who is playing on their platform for 1 year.
751  Bitcoin / Bitcoin Discussion / Re: Benefits of Bitcoins recent price drop on: September 17, 2023, 07:38:16 AM
I think that the price of BTC is less important than adoption level, since most people don't buy BTC due to lack of possibilities to use them instead of fiat money. Nearly none of business initiatives accept BTC directly, so, in general, its price simiply doesn't bother those people, who are unfamiliar with BTC, regardless if it rises or falls. As for hodlers... I think that there is still a chance to get a good profit after some time, btc is a good asset, if the investment strategy is long-term hodling...

Despite such low adoption level Bitcoin has made it to 67k$ and now trading at 26k$. We need to understand that every new technology is rarely welcomed in the start. A decade back Bitcoin started its journey from 0$ and nobody predicted that it will go to 67k$ in next ten years. No doubt the adoption level is low today but we cant say that same will be adoption level of Bitcoin in next five or ten years. The biggest greed in accumulating Bitcoin right now is the halving coming up next year that will suppose to take Bitcoin price to new heights (DYOR).

The recent low bitcoin prices give an opportunity for the holders and believers of bitcoin to accumulate more bitcoins. Also, this gives another chance to those who wanted to have Bitcoin in their portfolio but waited for a low price to buy. Now is their time to buy and accumulate as we know that bitcoin will reach its All time high again near or after the halving.

Only the people who are in long positions or who do not know the future of bitcoins will panic at the bitcoin price drop. They get influenced by social media where they will find all the bad news along with the price drop making the investors' confidence shake and many weak hands just sell out their bitcoins.
752  Bitcoin / Bitcoin Discussion / A single Bitcoin transaction paid a fee of $500k on: September 17, 2023, 06:16:15 AM
These days you might have seen the debate where a single bitcoin transaction of 0.074 BTC, paid a fee of almost $500K, that is almost 19.8K BTC as a fee. This was mined by F2Pool meaning that the miners at F2Pool gain that much money. However, there is a debate that they will have to return this money as it was due to an error or bug at Paxos end.

F2Pool Debates $500K BTC Fee Return as Paxos Confirms Error

I am not sure if the miners will agree to the refund
Quote
While Paxos asserted that it had initiated contact with F2Pool to recoup the funds, the miner no longer seems eager to agree to a refund. 
, but we will see how the situation develops.
753  Other / Meta / Re: Why Bitcointalk do not have alternative front-ends? on: September 15, 2023, 05:02:58 PM
Why is it needed? Bitcointalk does its job by providing a platform where people can freely express their opinions. It doesn't need any cosmetic changes.
There are SMF themes but they are disabled due to security reasons.

To be honest, this is the best forum when it comes to readability. The forum is simple, there are no annoying ads and the ones in the signatures will never distract your conversations/reading.

Personally, I would not want the admins to change its front end or even apply any SMF themes.
754  Bitcoin / Development & Technical Discussion / Re: Mempool block 807829 took only 1sat/vbyte on: September 15, 2023, 04:40:26 PM
Yes, but not all miners since it was mined by Viabtc only the pool operator can do what transactions they want to include on the block they mined not their miners.

Well, there is another block mined with 1 Sat/VB;  block no 807837 and it is again mined by Viabtc.

If you notice both of these blocks 807829 and 807837 included only 264 and 159 transactions only, while the other blocks mined in excess of 12+ Sat/VB have thousands of transactions included in them.
755  Economy / Speculation / Re: Bitcoin is not going to $12k. on: September 15, 2023, 02:35:42 PM
At the moment, I am really assuming that bitcoin will not really go down that low. The price already dropped hard to $15k and that was it. Since that big drop, it started to increase to $30k. Now we are at another correction at $26k. The support is holding really strong. I'm glad I was able to purchase at $25k something last week for my monthly dollar-cost averaging. The price is looking to reach back to $28k or even more in the weeks to come.

So the price of $12k for bitcoin is only a dream to those who waited for it. I bet it won't happen this cycle since the halving is already happening next year and we already know what's next.

I am sorry to say that but if bitcoin goes to 15K or 12K$ levels at this moment, then the trend will be shifted and there will be no bull run in 2024/25. Going to 12$ means that we have broken the weekly trend of Higher High (HH) and Higher low (HL) and again moved to a bearish momentum of Lower Low (LL) and Lower High (LH).

I think the lower side of bitcoin at the current price level is very less and more chances is that bitcoin will continue moving up from these levels of 25K-26K.
756  Bitcoin / Bitcoin Discussion / Re: How valuable BTC has become overtime on: September 15, 2023, 01:15:33 PM
This doesn't affect me personally because I consider my old transaction a push in order to have this great success in the crypto industry. if weren't for those transactions we have back then, we wouldn't even talking all these things here or they might even be ignored or forgotten because it won't survive if those transactions never happen. Right now, all I can do is just continue doing the things I want which is buying low and selling high and a little bit of trading as well, in that way I'm still getting some decent amount of income whenever the price gets back to its ATH.

If we laughed at and criticized those who chose iPhones over bitcoin many years ago, we should also laugh at those who sold bitcoins for 1 thousand dollars or Laszlo Hanyecz who spent 10 thousand bitcoins to buy 2 Pizza.  we should even regret spending so much in the past because if we had let that money invest in bitcoin we would all have become rich.  I've seen so many threads about this meme in recent days that I really find this a pointless and tasteless comparison because the future is unpredictable.

We cannot blame those who sold 10,000 bitcoins for 2 pizza because at that time no one knew that the bitcoin price would be that high in the future.
If people knew at that time, no one would have sold their bitcoins when it was so cheap. Anyways, that's history but now we know that bitcoin will become more valuable in future, so our focus should be to accumulate as many more bitcoins as possible.

Previously those people did not have the data but now we have the data from the last 10 years, and we know that the price has overall increased over the period of time.
757  Economy / Economics / Re: Are you risking investment in other things? on: September 14, 2023, 02:38:14 AM
There is a halving coming next year to which many people who know and have bitcoins have set a target of the amount they hope to have in their holding by the time the bull run begins. I like to know if with this knowledge of bitcoin halving coming, if anyone is investing in anything other than bitcoins. I do not mean alt-coin but things like Real Estate, stocks, bonds etc. I know that Real Estate is good to invest in, but asides real estate, what else are you risking the money you should to invest more in bitcoins on?

Those who have seen the previous bull market know that the return on investments is highest if you invest in bitcoin in the bear market and sell near the top of the bull market. So those people would not be interested in real estate or any other investment market at this stage.

Personally, I am thinking of getting all my wealth into Bitcoin and even selling a property to buy Bitcoin now. Of course, after 1.5- 2 years (after the bull run) i can again buy the property and still have a lot of money in hand earned during the bull season.
758  Bitcoin / Wallet software / Re: Using Instant Exchange on: September 14, 2023, 02:10:31 AM
This is fairly easy for a blockchain analysis company to trace.

If, as you said , destination address in all transactions  is the same, then the mixing via  https://exch.cx/ has no sense,you will be traced by chain-analysis agencies

Using the instant exchange may not be a perfect way to hide your privacy but if we look at the OP point of view, he is only concerned with that ordinary people can't trace him.
Other than government and the exchanges (exch.cx) themselves, other people can't trace it like you , me and other people only access to the public blockchain ? Please tell.


In this case, any Instant exchange can be suitable for him. Blockchain analysis companies won't investigate unless they are hired by someone to trace anyone and in this case, OP have no concerns about it.
759  Bitcoin / Project Development / Re: Mixin Safe: A Convenient and Decentralized Multisig + MPC + Timelock solution on: September 14, 2023, 12:30:44 AM
~
Perhaps a video tutorial that can be easily viewed on their website would be a good idea to better guide newbies into using and navigating through the app/service. also, I just want to add that on their website they have something called "schedule a demo" From what I understand if you schedule a demo, one of their "professional Bitcoin wealth managers" will show you how to use "a completely decentralized custody suite to manage your Bitcoin.".

I totally agree with the idea of dropping some info hints or a video tutorial on their website – that could really help out the newcomers. Plus, considering this service is still in beta, they will probably make some UI improvements to make it smoother and more user-friendly. Betas tend to start a bit rough around the edges, but with user feedback, they usually get polished over time. So, chances are this platform will get even more user-friendly and attractive to a wider crowd as it evolves.

Well, apart from any video tutorial, they can also link this thread Mixin Safe - Decentralized Bitcoin Custody Solutions | Review Campaign on their official site. There are almost 100 reviews on that thread and each one explains in detail how this Mixin Safe works and feedback from all those users.

For anyone who is new to Mixin safe, that is a very informative thread to read before actually using the Mixin safe.
760  Economy / Trading Discussion / Re: Are Technical Indicators useless? on: September 14, 2023, 12:13:17 AM
Indicators can increase the probability of making profit in trading, but it deos not 100% guarantee that if a trader use them to trade, that the trader would win. Indicators are just some things to know in trading but strategies is what that is most important.

This. Some people think using technical analysis indicators means that your trades can end up being right with like 80-90% accuracy when done correctly, which is simply ludicrous. In reality, at most, probably a bump up of an extra 5-10% in terms of chances of being right. Doesn't sound that big of a bump, but that extra 5-10% win rate stretched out to hundreds of trades, that number suddenly becomes very relevant.

Most of the technical indicators are passive ones and they are formed when the price has already performed certain patterns. They do not give a clue for the future prediction of the price.
These include the most commonly used indicators like moving averages, RSI and all many others. Most of them are used by the retail traders.

If you want to predict the price of bitcoin and other crypto currencies, you need to know the price action trading. Understand the price action is an art and it only comes with experience. However, once you grasp the price action trading, you will become a successful trader.
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