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761  Economy / Services / Re: [CFNP] BestChange Signature Campaign | Sr Member+ on: November 15, 2023, 03:52:59 PM
Anyone know if that viabtc transaction accelerator can help? Been a few years since ive used it and usually it was almost full but if someone can keep pushing our transaction on there it might get approved next time viabtc mined a block.

Only a paid service can help because the transaction size or volume is larger than 0.5 KB which is the maximum size to use the free service. The best option is to the RBF since the transaction has it opt-in already

Are the paid services cheaper than paying the actual miner fee? I ask because I got a bunch of unspent inputs from the sig campaign and I didn't batch them when fees were low. Wonder what the best way to go about this would be.

762  Economy / Economics / Re: How to survive hyperinflation? on: November 15, 2023, 05:51:14 AM
Most of the countries which are undergoing hyper inflation, most people just buy US dollars and use that to pay for goods and services. You can buy gold or crypto but gold is hard to pay with in small amounts and most people don’t know what crypto is to be honest.

What will happen is the currency will become useless and they will replace with a new currency or adopt some other currency like euro or US dollar. This happened many times in the past and the result was always the same.
763  Economy / Economics / Re: House to consider stopgap funding measure today to avert government shutdown on: November 15, 2023, 05:48:37 AM
All those meetings are pointless anyway. Eventually they would of came up with a bill and spend countless money anyways, and the deficit would keep going up and rates will keep going up as a result.

I watched those meetings on CSPAN and you can see those workers sleeping and yawning and basically shows you how seriously they take all of this. They are never going to make any meaningful cuts.
764  Bitcoin / Bitcoin Discussion / Re: Make bitcoin "untouchable" for a while on: November 15, 2023, 05:43:50 AM
Yeah I think in my experience in the past, timelock would of helped. You see price is pumping and you start to sell. Pumps some more and you sell more. Then you keep looking and it’s going higher and higher and you have rejects for selling too low.

By time locking it you would probably sell at a better average because most likely the price would end up higher unless it was the actual top which would be rare.
765  Bitcoin / Bitcoin Discussion / Re: Is it possible to generate bitcoin address with face share barcode ? on: November 14, 2023, 05:16:03 AM
Even if this was possible it’s not a good idea. The Face ID is not as secure as you think, it’s more secure than the fingerprint id but there are reports about siblings being able to unlock phones because they share similar features.

Due to these issues you can tell why it would be problematic. Another issue is that if some hacker finds out you got tons of bitcoins, they can simply hold their phone in front of your face and they might be able to gain access, it’s not a good idea.
766  Economy / Services / Re: [CFNP] BestChange Signature Campaign | Sr Member+ on: November 13, 2023, 06:33:34 PM
Anyone know if that viabtc transaction accelerator can help? Been a few years since ive used it and usually it was almost full but if someone can keep pushing our transaction on there it might get approved next time viabtc mined a block.
767  Bitcoin / Bitcoin Discussion / Re: Every man you failed to lecture about Bitcoin can be a victim to scam on: November 13, 2023, 06:30:50 PM
Yeah there are just way too many sophisticated scams these days. Look how much spam people get almost daily about their Coinbase account being restricted and get tricked into providing actual login credentails.

Unlike a paypal scam which can be easily reversed you can't get your crypto refunded due to fraud. Everyone should practise self custody safety and get a hardware wallet but the issue is that during most bull markets those are sold out and people rely on exchanges or keeping their crypto on their windows 10 PC which is extremely risky.
768  Bitcoin / Bitcoin Discussion / CBOE launching Bitcoin and Ethereum Margin Futures on Jan 11 2024 on: November 13, 2023, 03:41:40 PM
Heard this from multiple sources so I guess it’s confirmed,

Apparently we are getting margined futures now and from what I understand it differs from the current futures because they are derivatives but since it’s margined it means it’s related to spot BTC and ETH.

What is strange is the date however. Jan 11 2024?

Apparently there was some rumor going around that SEC will approve the BTC etf on Jan 10 2024, and gave it a 90% chance. And all of a sudden the very next day these margin futures goes live.

Here is the link to the article

https://www.theblock.co/post/262829/cboe-is-launching-margined-bitcoin-and-ether-futures-in-january

769  Economy / Speculation / Re: Bitcoin Market Chart November and December 2023!! on: November 13, 2023, 05:32:55 AM
I think until the etf is actually approved this rally will continue. The rally might stall when the etf is approved and about to be launched. Many are considering this to be a sell the news event like before.

So it would be best to get approved in Jan instead of Nov because the approval might stall the longer rally since many will want to take profit the day the etf goes live on the stock market.
770  Alternate cryptocurrencies / Mining (Altcoins) / Re: Crypto market will top when we see ‘how do I mine BTC on my laptop’ posts here on: November 13, 2023, 05:30:12 AM
Yes mining now is not profitable but it won’t matter. Whenever we had a strong bull market, I would come to the alt coin mining discussion and see some post about someone hearing about bitcoin and they want to mine it with their MacBook pretty much. Almost every cycle near the top this phenomenon occurs.

This is similar to how my close friends and family ask about bitcoin, it always near a market top. It could be a coincidence but it’s just something I observed from being in crypto for almost a decade.
771  Economy / Trading Discussion / Re: Are there any companys offering insurance policys for crypto exchanges ? on: November 13, 2023, 05:25:55 AM
I looked into this years ago and what I found was that there are some bitcoin exchanges which do have insurance however it turns out the insurance is only for the fiat part of the exchange and not the crypto side.

So if there was some insider theft, then perhaps it would apply however it won’t apply to individual accounts if someone gets their password leaked or sim swapped. Those definitely aren’t covered.
772  Economy / Trading Discussion / Re: FALLING FALLING! on: November 13, 2023, 05:23:12 AM
Yes Bitcoin topped at the double top back in late 2021 however in 2013, 2017, 2021 when it approached the prior ATH, many assumed it would be a double top but it wasn’t and broke straight thru. So it’s not a good indicator.

A better indicator is to look at the way the weekly candle closes, it if closes with a big wick then chances are that the top might be in and it’s time to get out.
773  Bitcoin / Bitcoin Discussion / Re: how/why is this tx stuck??? on: November 13, 2023, 05:17:09 AM
Been years since I used viabtc? Does that still work these days? I remeber them having a queue and you had to try and get your transaction in at the beginning of the hour, however whether it successfully included it is another story.

So if the average fee is 50 sat/byte currently and yours is 25 sat/byte will it include it or does the fee need to be much higher?
774  Economy / Trading Discussion / Re: So since SOL is $60 - Means FTX is solvent again? on: November 13, 2023, 03:22:05 AM
If news got out that FTX is starting to sell SOL, it might have a catastrophic effect on the currently bullish trend,

Best thing for them to do is to compensate the customers not in USD amount but in crypto assets they were holding at time of bankruptcy, to convert it to USD is a huge disservice to innocent customer base...

Regardless, they will need to be very cautious in selling and spread it out for as long as possible, but so far I don't see any indication that any party involved with this case has customer interests as a priority, instead further shady American institutions and middle men are trying to extract as much money as possible from the FTX corruption, as evidenced by the 100 million USD + legal fees the bankruptcy firm handling FTX charged recently:

https://economictimes.indiatimes.com/markets/cryptocurrency/lawyers-land-700-million-bounty-from-crypto-collapse/articleshow/103409800.cms

FTX bankruptcy is already selling SOL. They have been liquidating assets for the past few months. However with SOL you need to realise that many of those are still locked and cant be sold yet. They have been selling ETH and BTC also. This is pubic record pretty much and if you follow the discussion on the bankruptcy you can see it there.

Yes they will dump almost all the SOL when its unlocked but I guess since the market is rallying it still doesn't really care it seems.
775  Economy / Trading Discussion / Re: How to read the screenshots traders post. An example. on: November 12, 2023, 05:28:32 AM
Don’t pay attention to any of these screenshots that you see being posted all over twitter or Reddit or discord. Usually they are there to get you to join thru their affiliate where they get a portion of your trading fees.

Many post these screens shots and they can easily be photoshopped or they just have 2 accounts one for long and one for short and they post the winning trade. All they want to do is get you to either follow them or join thru their referral link so they can get some revenue that way.
776  Economy / Trading Discussion / Re: So since SOL is $60 - Means FTX is solvent again? on: November 12, 2023, 05:25:16 AM
I forgot about that IRS claim. However why is it that claims are selling for 50 cents on the dollar recently, before SOL started to pump and before that Gensler comment that Ftx might reboot.

Those might be their liabilities but what are their assets? From Nov 2022 I remember they were like $7B in the hole and that’s why CZ refused to purchase the exchange because there was a big hole.

777  Bitcoin / Bitcoin Discussion / Re: Is bull run best time to promote Bitcoin related affiliate programs? on: November 12, 2023, 04:14:31 AM
Yes this is pretty common sense. Usually in a bear market there is no new retail adoption so harder to get affiliates referrals. When there is a big boom and you pay Google for their adwords or advertise on twitter or elsewhere you will have success in your referrals.

I think most platforms these days unbanned bitcoin advertisements, maybe Instagram is the only one that prohibits advertising bitcoin content. So if you can find a highly effective way of generating tons of views and turn those into clicks which turn into actual members that join then you should do pretty well.
778  Alternate cryptocurrencies / Mining (Altcoins) / Crypto market will top when we see ‘how do I mine BTC on my laptop’ posts here on: November 11, 2023, 05:44:37 PM
Seems a bull market is brewing.

One thing I noticed was that whenever we were in a bull market and near the top of the cycle, we would get many posts in this mining forum about “mining bitcoins on my laptop” and such.

So far I looked and no such posts. However when they start to pop up, means we are nearing the top.

This indicator seemed to have worked for every one of the past crypto cycles. Crypto becomes so popular that people hear about bitcoin mining and start to get curious and make threads here. Usually when this happens means retail adoption is high and hence why the cycle top risk.

779  Economy / Trading Discussion / So since SOL is $60 - Means FTX is solvent again? on: November 11, 2023, 05:10:08 PM
Correct me if my math is wrong but if I recall from a year ago, FTX was $7B or so short and hence the bankruptcy. When they filed for bankruptcy SOL was valued at around $10 or so.

Right now its $60. And they held $1B worth of SOL, so now they hold $6B so far. There are also other tokens and coins which went up in value. FTT is even $5 today compared to <$1 a year ago. I think they own most of the supply of that token.

So is this another MtGox bankruptcy going out of insolvency due to crypto pumping?
780  Economy / Speculation / Re: A 8th golden cross of Bitcoin before the halving on: November 11, 2023, 05:46:05 AM
I don’t find any of these gold crosses ever reliable. Usually it opens up being a trap and even if it’s correct, it’s a lagging indicator and if you entered when it crossed you would buy at a top more or less.

I found the 200WMA to be accurate because it worked like 3 times without fair, however last year it failed to hold: think it was $22K but Bitcoin went lower to $16K or so shortly after. So unless you had a huge stop, it would be difficult to trade this.
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