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May 24, 2024, 03:20:23 PM *
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81  Bitcoin / Bitcoin Discussion / Re: Can a seed phrase on steel or titanium sheet survive this flood? on: April 26, 2024, 08:32:44 PM
It will depend on how thick the plates are and the extent of the flood. If it is one that destroys properties, searching through the ruble in search of anything is not easy to do and more often than not, you'll not be the first one back on the scene as rescue operations will be ongoing.

If you secured it in a safe or any other heavy household appliance that can narrow down the search, but that again will depend on how big the building is which will tell us how much ruble it will be buried under.
82  Economy / Trading Discussion / Re: Has anyone tried Xeggex ? on: April 26, 2024, 04:30:14 PM
https://www.trustpilot.com/review/xeggex.com

Take a look at some other reviews it has, I pay extra attention to the negative reviews when assessing a website. I've never personally used this website.
83  Bitcoin / Bitcoin Discussion / Re: Miners revenues drop to the lowest in years as Runes fomo fades away on: April 26, 2024, 04:24:38 PM
This is the case when the mining reward gets splht in half. Fees spiked up momentarily after the halving and compensated for the drop in rewards but that wasn't going to last. Miners have always been aware of the halving event which occurs at exactly every 210k blocks, so they have factored it into their operations and prepared for the drop in reward.

Solo miners have been getting wiped off steadily for some time now. Best way to earn is to join a pool.
84  Bitcoin / Bitcoin Discussion / Re: BTC wallet to digital artpiece on: April 26, 2024, 03:09:31 PM
How do you plan to make this into an art piece? You do not have any prove that you own the wallet, so you will be be able to claim ownership of any artpiece that can be made from it, if it can be done.

Sorry for your loss, but you should stop tracking the wallet now, it's not good for your mental health.
85  Other / Beginners & Help / Re: Rookie 101 on: April 26, 2024, 03:04:40 PM
Yeah You can’t really stop or prohibit them but when one is reported or noticed to be one should be kicked out and effectively punished. Talking about legitimacy, I meant giving members a sense of security to an extent,
Scams are not moderated at all. A known scammer will have lots of negative tags and trust feedbacks but will be allowed to post in the forum as any other user. The exact reason for this is that the forum does not want to give anyone a sense of security. Bitcoin is all about self custody and self responsibility, so users should be able to safely navigate the forum, cue the warnings and avoid getting scammed.

I don't completely agree with this. I feel the mods if allowed can do some good and scam projects should not be allowed to advertise here, but that's just me.
86  Economy / Service Discussion / Re: UTXOs and Bitcointalks's Signature Campaigns on: April 26, 2024, 02:55:49 PM
Is there any fix or solution to this?

The only thing I can imagine is that Bitcointalk.org offers an escrow service of some kind <snip>
The forum will never get involved in signature campaigns, this includes holding payment, regulating how much they pay etc.

Other actual solutions;
• Rolling your payment over several weeks,
• Consolidating your utxos when fees are low,
• Using a segwit address,
• Receiving your payment directly to an exchange address (I do not recommend).
• LN has never been used, but it practically will be able to reduce payments as far as the participants do not wish to transfer onchain each week they are paid.
87  Bitcoin / Bitcoin Discussion / Re: Bitcoin is day by day more popular in middle East. on: April 25, 2024, 04:42:02 PM
UAE is one of richest countries in the world, if there are 72% local users buy Bitcoin, why the price isn't increased? Tongue
The Op quoted it wrongly, the article says that 72% of those who use crypto, use Bitcoin, not 72% of the total population.

UAE, Qatar and Saudi Arabia are the too countries in the region with the intention of dominating the future market in several industries, not just reliant on oil. Bitcoin has lots of prospects for the future and they want to be ahead of that curve too.
88  Other / Meta / Re: Topics on reputation board should not have lock feature on: April 25, 2024, 03:27:27 PM
This is one of the reasons trust feedback show up in reputation board. Every user has the right of reply, if the thread where the accusation was made is locked, you can use the trust feedback and flag system (if necessary). It's not worth it changing the forum mechanism cause of a handful of trolls. If it gets excessive, the mods can step in.

I vaguely remember a forum user who did the exact same thing acouole of years ago. Can anyone remember them and what was done about it?
89  Other / Beginners & Help / Re: Rookie 101 on: April 25, 2024, 03:20:08 PM
Since you mentioned crypto airdrops, I'll advice you be very careful when using them. Most airdrops are scams looking to steal your funds and/or your privacy. Some will request that you link your wallet to their website giving them control over your private keys which they use to sweep your wallet, others will collect email and password information from multiple users and sell it to other scammers.

If you just use them, always use a new wallet which you don't have any other asset of yours and use a throwaway email and password each time. Do not reuse passwords.
90  Bitcoin / Bitcoin Technical Support / Re: Question about Lobstr Wallet on: April 24, 2024, 09:26:06 PM
Do you have any seedphrase you can use to recover the wallet?
I've never used this wallet before and what is available on blockexplorers is a stellar transaction and not Bitcoin. You may want to just double check everything.

The ratings I'm seeing online for lobstr wallet are not good at all, I'll recommend you get in touch with their support team.
91  Bitcoin / Bitcoin Technical Support / Re: Question about Lobstr Wallet on: April 24, 2024, 09:16:40 PM
You don't just get 0.03BTC for doing nothing. If something is too good to be true, that's cause it isn't true.

If you want to hold bitcoins I'll recommend electrum wallet, it's easy to use and non custodian.
92  Bitcoin / Bitcoin Discussion / Re: Samourai Wallet seized by the feds on: April 24, 2024, 08:19:26 PM
Quote
"IRS-CI Special Agent in Charge Thomas Fattorusso said: “$2 billion in transactions with an unlicensed money transmitter means $2 billion flowed without any oversight, from whomever to wherever.  Because of the company’s disregard for regulation, it’s alleged that Samourai Wallet laundered more than $100 million in criminal proceeds"
Transactions are not unlawful cause you cannot trace the flow of the transaction. The $2 bliiion seems to have just been thrown in there for shock value, giving them a justification to clamp down on the service.

Cash pretty much allows anyone to transact without regulation or oversight, and way more than $100 million have been used in criminal transactions using it.
93  Economy / Micro Earnings / Re: I miss Faucets on: April 24, 2024, 07:25:32 PM
Your thread in meta suggests your account is banned now, although you say it was hacked before then. You will need to wait for that to be cleared up before posting anywhere else besides the appeal thread. That will be ban evasion.
94  Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto's last message on: April 24, 2024, 07:19:56 PM
The anonymity of satoshi adds to the mystery and uniqueness of Bitcoin. It adds an extra layer of decentralization that there isn't a location one can narrow the creator to be at. If there was the government could try and mount some pressure on him, invite him for questioning in relation to some bogus allegations just the rattle the network a bit. I would have loved to see him still post here from an anonymous account but we're all satoshi now.

I wonder if he will pop up with a different project under a different pseudonym. Maybe he has.
95  Other / Beginners & Help / Re: Do Miners still continue? on: April 23, 2024, 06:21:10 AM
It is believed that Bitcoin halving is an event that happens every four years
It does happen every four years or better still, every 210,000 blocks.

Since Miners rewards is being cut half during the halving, do they still continue in the number they were before the halving?
It's expected that some will drop off after the halving, but it balances out after sometime as new miners come in. Bitcoin hasrate dropped slightly after the halving.
96  Other / Beginners & Help / Re: How to properly report a post to the moderators? on: April 23, 2024, 06:12:41 AM
89% is good enough for your first 9 reports.
When reporting, I try to make the job as easy for the mods as possible so they do not waste too much time on that report. The user must have broken a rule or made an honest mistake for me to make a report, that rule is what I use as a reference;

• Consecutive post from the same user,
• Post made in the wrong board,
• Low quality post (spam) etc.

I also recommend an action sometime;

• Wrong board. A better fit in altcoin section.

I add links to my report if it will help. This I mostly do if I'm recommending a user to be nuked. I share a link to the post history so the mods can glance through the reference and decide on an action.

Try to keep your reports as concise and straight to the point as possible.
97  Economy / Reputation / Re: Resurrection of old accounts on: April 22, 2024, 07:33:01 PM
One can carry out at action on the forum even with a red tag on the account. They can freely discuss the price and share ideas with other members, the rating won't show on many major discussion boards. If they are only interested in getting into signature campaigns after years of inactivity then the account most likely have changed hands.

I believe in reevaluating tags after sometime has passed to know if it can be changed to a neutral tag or removed completely, but this should be done using a determined criteria and consistently across all active accounts
98  Economy / Trading Discussion / Re:  Fees are spiralling out of control due to halving. on: April 22, 2024, 07:24:18 PM
2024 has been the worst year in terms of fees paid on transactions. BRC-20 spam has hit the network hard over the past months with more Bitcoin users looking for ways to accelerate txs more than in previous years.

The halving caused a spike in fees due to people trying to get into the halving block, but after almost 400 transactions, that's no longer an influence, this is the reality now which everyone is hoping wears off with time. But if it doesn't, there may need to be a tweak on the network to make Bitcoin usable for regular users again.
99  Bitcoin / Bitcoin Discussion / Re: What if they centralized Bitcoin? on: April 22, 2024, 07:02:14 PM
Today, I'll offer the forum a thought experiment.

Imagine that one day, the core devs of Bitcoin would come to a consensus that:

  • Today, Bitcoin is simply an investment and value store, not a "currency" for most of its users.
  • Today, most holders of Bitcoin do so in a centralized way, e.g. with a broker or an app.
  • Bitcoin has failed its original purpose of being able to thwart government subpoenas since it is subject to chain analysis (and hence has opened the door to competitors like Monera for this niche need).
  • Bitcoin could never become a mainstream currency since it was intentionally designed to be slow and expensive.
  • With so much adoption and awareness from its popularity as an investment instrument, Bitcoin could become a mainstream worldwide currency if it were made to be fast and cheap, allowing it to be used for everyday transactions e.g. a parking meter or a cup of coffee.
  • Mainstream adoption of Bitcoin like this would probably send the price of Bitcoin into orbit.

Are these hypothetical situations or problems you have highlighted in Bitcoin? If it's the latter, let me argue some of them;

• This is true for most but it is still being used as a currency. When you factor in the number of years since it went life we are still right on track in terms of adoption.
• True and this is problematic to the network.
• False. This was never the original purpose of Bitcoin and it was never private either. Chain analysis is just a fancy word for reading an already public chain and drawing connections base of previous transactions.
• Haven't read the link yet,
• The world is not in need of a fast and cheap means of transacting, they already have a variety of option, Bitcoin will not still finish top if it becomes centralized.
• An even more volatile means of paying for a cup of coffee?

In other words, instead of a consensus algorithm among thousands of anonymous servers, Bitcoin would be backed with an architecture controlled by a single legal entity and a trusted set of servers, eliminating the need for proof-of-work and eliminating vast amounts of complexity to the system, immensely streamlining Bitcoin transactions.
In essence it will become just like any of the thousand other worthless altcoins.
100  Bitcoin / Bitcoin Discussion / Re: Not even a penny on: April 21, 2024, 08:27:31 PM
I call bullshit. If you don't remember creating or funding the address and are not the same user of the PC why were you expecting to see a balance and what make a topic when you actually don't see a balance?

In your first post you personalized the entire conversation; "my Bitcoin file", "my PC". And now you switch your story around.
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