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8121  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2021, 02:46:08 PM
That guy is a clown.

And not only that, he has more than 42 million clowns following his every move and falling into a trance with each new tweet. He’s actually one of those people who have to be constantly in the public spotlight - because he thinks the world revolves around him. If you look only at a brief history of his tweets, you get the impression that this is the profile of someone who is 15-16 years old and has some personality disorder.

https://twitter.com/elonmusk/status/1340573003579617280 - Bitcoin is my safe word
https://twitter.com/elonmusk/status/1340588909974200321 - Bitcoin is almost as bs as fiat money
8122  Bitcoin / Bitcoin Discussion / Re: Employees can get salary in Bitcoin in Miami on: February 04, 2021, 02:25:00 PM
This time its not just future prediction but reality that was brought to life by Francis Suarez. You are talking about the 2017 and we are in 2021 mate! Lot of things have changed right now. I think Mayor Francis has taken bitcoin way lot seriously.

I'm talking about things like this happening in the world a few years ago, and you think the world is going to change because of something that might happen in a city in the US then you're wrong. What you don't take into account is the fact that every federal state in the US has its own rules and laws - so you shouldn't expect other states to become crypto-friendly just like that.

After all, what will be the percentage of those who would accept the entire salary in BTC or maybe only a part? And what about the whole infrastructure that would be needed for that - educating those who will make payments and finally those who will receive those same payments?

I already see an example of a confused worker who received a salary in BTC :

- Boss, I don't think you calculated my salary well for last month - I'm missing $200...
- Sorry, the price of BTC dropped overnight - that's why your BTC is now worth less than 12 hours ago...
8123  Economy / Speculation / Re: Will market dump on Chinese New Year? on: February 04, 2021, 12:21:27 PM
Given that cryptocurrency trading has been banned for years in China, what used to happen is no longer the case.  The Chinese have a habit to donate money as a gift in a red envelope, so this event was associated with the fact that the Chinese usually sell BTC at that time and thus influence the price.

Although there are a lot of Chinese people living all over the world, and they are returning home for the Chinese New Year - I don't think that will affect the price of BTC.

By the way, 2021 is the year of the ox in the Chinese calendar - so even though it's not a bull, this one still has horns Smiley
8124  Economy / Exchanges / Re: Ledger Debit Card coming in 2021?! on: February 04, 2021, 11:54:11 AM
I will also say one big NO to anything that comes from Ledger, especially if it is something that will no doubt require a very strict KYC. I don't think anyone in their right mind would entrust their documents to a company that has shown that it keeps such data completely unprotected.

Imagine a new database hack that would merge new data with what has already been hacked. With everything already known to the public, hackers would get our documents and coin addresses, which would make it even easier for them to choose their targets.

Ledger can only hope for some completely new users who will be completely unaware of what happened, and I hope that the old users will not repeat their mistake a second time.
8125  Bitcoin / Bitcoin Discussion / Re: Basic questions on: February 04, 2021, 11:39:39 AM
is he bullshiting me as on coinpayment.com it says my payment is completed???

If the memory serves me well, it is possible that the seller set a certain time in which you should have made the transaction, or in which the transaction should have received the first confirmation. In case this happens, your BTC is actually stuck on coinpayments - but as others have already written, it is possible that this person wants to cheat you because you are a beginner.


Dude,don't use Bitcoin to buy something on the internet.Invest in Bitcoin and wait for the Bitcoin price to increase.

This is really the advice of a true Bitcoin believer who just wants to make money, and believes that Satoshi Nakamoto was wrong to make Bitcoin as a currency. If there were fewer people thinking like this, maybe Bitcoin would be more accepted than it is today.
8126  Bitcoin / Bitcoin Discussion / Re: Employees can get salary in Bitcoin in Miami on: February 04, 2021, 11:24:41 AM
What are your thoughts about this?

This case is not something revolutionary and new, a few years ago we could read similar news that some companies allow their workers to get part of the salary in BTC. At the end of 2017, a Japanese company announced that it would give the possibility of paying salaries to its employees in BTC. Of course, there is always a problem with the price of BTC, which is very volatile, so every employee can find himself in an awkward situation when BTC loses, say, 20% or more of its value overnight - but again, it can profit if the opposite happens.

8127  Other / Beginners & Help / Re: Do you believe this? on: February 04, 2021, 11:04:27 AM
Does anybody still believe this today?

Of course there are people who believe in such theories. We can divide them into two groups, those who have a very good reason to constantly undermine everything to do with Bitcoin, and those who believe it because they are not very intelligent and are mostly influenced by some personality cult - as we have seen with millions who follow Elon Musk, and they would surely believe it if he wrote that the earth is actually flat.

Here is one interesting fact that clearly shows that it is very easy to convince people of the biggest lie.

It is a curious but remarkably large club: more than 11 million people in Brazil -- seven percent of the population -- believe the Earth is flat, according to polling firm Datafolha. One of the most prominent of Brazil's Flat-Earthers is Afonso de Vasconcelos, a geophysicist with a PhD from the University of Sao Paulo. Vasconcelos is based in the United States, which is also home to a large community of Flat-Earthers. One of them died last week attempting to launch himself more than 1,500 meters (nearly a mile) into the sky in a homemade rocket.
8128  Bitcoin / Press / Re: 2021-02-02 Forbes - Bitcoin Is Not Money—Yet on: February 03, 2021, 03:48:01 PM
Quote
"Another problem with Bitcoin is that there’s a fixed supply of it."
Says who?  Discredited statist economists? This is a feature, not a bug.  

All those who are so deeply immersed in the current financial system and benefit immensely from it to see max supply only as a disadvantage or perhaps even a threat. If we look at how economic problems are solved nowadays, then it is clear why political/banking elites cannot come up with something they cannot fully control, and in addition they cannot print it when they need it and how much they need it.

They all dread a world in which they would become irrelevant - because fiat is one of the most important mechanisms for controlling society with banks as key institutions. Satoshi wrote (albeit in a different context) that Bitcoin touched the hornet's nest - and anyone who has ever encountered hornets knows that when they go on the attack, they don't give up even at the cost of death.
8129  Economy / Gambling discussion / Re: Football betting (betting at the start of the season or later?) on: February 03, 2021, 03:22:01 PM
For serious betting, it is always better to wait for at least 5-10 rounds to be played, because in the beginning there can be quite a number of matches that end in very strange results. I generally had the best betting results during October and November, and then after the winter break - then all the cards were more or less open.

Of course, you need to find as much information as possible about the teams, because most people bet just by looking at the names of the clubs - and this is one of the biggest reasons that bookmakers make money and players lose their money.



I noticed weak teams are strong but on getting to the middle, the strong teams at the first five leads are more predictable about the matches they can win, though they can still lose but the chances of strong team losing is at the start of the season.

When you talk about weak teams, it is known that they are very limited by quality players - so as the season progresses they become more tired and some get injured. Substitutions are often not adequate, so such teams simply fall to a lower level with each new game. On the other hand, big clubs compensate for this by not playing all games with the same players, and at the end of the season they usually play in very great form.

Football is, after all, a game in which money still plays the biggest role.
8130  Economy / Web Wallets / Re: Balance not showing in Blockchain.com on: February 03, 2021, 02:58:41 PM
I don't have any problems with displaying my balance on blockchain.com, and I have to admit that I have never had such or similar problems when it comes to that wallet. Of course, I understand all its flaws and risks, so I don't keep more than $100 there - so if something bad happens it won't be the end of the world, and there's a backup of course.



aioc, is the problem still present with you? Since some people do not have problems, and on the reddit link one user says that he has the same problem since 17.1. 2021 - you may try another browser, clear cache/cookies, disable AdBlock or some other extension that may block the correct loading of the page.
8131  Bitcoin / Bitcoin Discussion / Re: Last 2017/18 Bull Market compared to Current One on: February 03, 2021, 02:23:21 PM
Whats bullish news is coming for btc in 2021? Any news of the lighting newtork?

Isn't it bullish enough for you that big companies and various funds have invested billions of dollars in BTC in the past few months? That's why we have this price today, even though some want BTC worth millions overnight - but they have no idea about some basic things.

If one even thinks that 2020/21 is identical to 2017/18, then one does not at all take into account that 2017 is the result of halving that happened in 2016 - and consequently it is not unrealistic to expect 2021 to be a big year for BTC given that halving was few months ago. I know that some so eagerly expect a bear market and a big correction because they have sold everything they had and are waiting for the opportunity to re-enter - but the only chance for such a correction to happen is for the crypto world to hit some really bad news.

As for the Lightning Network, you have quite a solid selection of crypto wallets in which this option is supported - and if you want to know more I suggest you visit the following topics :

The Lightning Network FAQ
Electrum Lightning Network walkthrough

You want more technical stuff about something yet to come :

Taproot proposal
8132  Economy / Economics / Re: Bitcoin Treasuries on: February 03, 2021, 01:35:18 PM
As I commented in one of your threads, it all comes down to comparing Bitcoin to gold in all possible and impossible ways - so while both assets have something in common, they're mostly very different things. I guess all these comparisons to gold come from the fact that there’s really nothing else they could use for speculation like this, because Bitcoin is something unique in the market.

In fact, I do not see this analysis as something unique, because a similar one could be read from JPM a few days ago - the difference is of course that JPM takes the whole BTC/gold hypothesis with slightly more moderate numbers.

It is also interesting that Guggenheim publicly acknowledges that “the firm has been looking at bitcoin for almost 10 years”, only now publicly commenting on it. Interesting how everyone suddenly becomes interested in something when the opportunity for profit appears on the horizon Smiley
8133  Bitcoin / Bitcoin Discussion / Re: Introducing the Bitcoin on: February 03, 2021, 11:30:10 AM
From my personal experience, I can say that it is very challenging to explain to someone what Bitcoin is - most who have heard of it live in the belief that it is some kind of online money, used by criminals and anyone who wants to be anonymous when paying for something online. The technical side of the whole story doesn’t interest almost anyone, and everyone should know at least some basics if they want to invest in BTC - or just understand it better.

3. Some people are not interested and trust Bitcoin.
So we have to focus on 3th group to make them understand what is the philosophy behind Bitcoin.

I wouldn’t agree that this group of people needs to be persuaded into anything - if someone isn’t interested in something and doesn’t believe in something, then we’re just wasting time trying to convince them. I personally know people who told me 5 years ago that BTC is a scam and to stay away from it all - these same people still think the same.

After all, all the important information is online and available to anyone with Internet access - and if less than 1% of the world's population is involved in Bitcoin in some way, that speaks about how unwilling people are to accept and understand new technologies.
8134  Economy / Services / Re: FREE ☘☘☘ Bitcoin Transaction Accelerator for Unconfirmed Transactions ☘☘☘ on: February 03, 2021, 11:03:40 AM
I don't know who you are and why you are aggressive person. I don't have time to argue everyday with random people on forum behind hidden computer , might be 15 years old kid or 40 years old. Please grow and be more humanity
It is up transaction size whether you choose or not. it will not have same affect on $1 and $1000000
''The fastest and cheapest transaction fee is currently 102 satoshis/byte''
source: https://bitcoinfees.earn.com/

I am not an aggressive person, I am just very sensitive to those who try to make money on other people's troubles. Furthermore, this page is one of the worst when it comes to fee recommendations, I have personally been convinced of this many times, and this can be confirmed by other members of the forum.

Bitcoinfees at this point gives the same recommendation as yesterday (102 satoshis/byte) whereby anyone who uses that fee will heavily overpay for the transaction. Learn how to read mempool data from link I posted, so you or anyone else can learn how to save on a fee.

If you don't believe me, here's a great tutorial from @1miau

Make sure to avoid wasting BTC for too high fees – step by step guide (Electrum)
8135  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Bitcoin CASH regulated in any way? on: February 02, 2021, 02:34:47 PM
Interesting question, so even though it is more or less known that the tax is paid only in the case when the owner sells a certain cryptocurrency - how to treat something that the user receives literally as a gift (because of the fork), and then just hold it? Personally, I have never been interested in this issue because fork coins are not something I see any value in. Maybe those who have been in a situation to sell fork coins can say a little more about it.

For anyone interested in a little more detail on this issue, here are a few thoughts :

A taxpayer controlling the credentials to bitcoin prior to either chain-split will control a corresponding number of bitcoin cash or bitcoin gold after the chain-split. Thus, for example, a taxpayer having 10 bitcoin prior to the Bitcoin Cash chain-split will have 10 bitcoin cash, along with his 10 bitcoin, after the chain-split. No payment of money or exchange of property occurs, nor does the taxpayer give up any rights. Taxable income is realized if the owner of pre-split bitcoin exercises dominion and control over the corresponding chain-split coins; and The income realized will be equal to the value of the chain-split coins at that time.The character of income realized, other tax considerations (including applicability of the tax on net investment income), and effects of more complex transactions will be discussed in the future.
8136  Other / Beginners & Help / Re: How do you increase the ranking for beginners? on: February 02, 2021, 02:03:47 PM
It's hard for me to accept someone asking a question like this - and when he opens the B&H board, the first thing he can see are as many as 4 sticky threads in which you can find everything that every beginner should be interested in. If for some reason someone refuses to read, then he is in big trouble - so I advise the OP to read all 4 sticky threads and then ask for anything that is not clear to him.



8137  Other / Meta / Re: Loading "Watchlist" is very slow on: February 02, 2021, 01:43:15 PM
Posting a new post is also slow, and Show the last topics started by this person is a bit slow.

I can confirm that I also have big problems when it comes to posting new posts. What used to last about 5 seconds, now lasts at least 5 times longer, and very often instead of back to topic the result is a blank page.

I also have problems with the search option, it takes too long, and mostly if there are more than 2 pages of results I also only get a blank page - reload fix problem.
8138  Economy / Services / Re: FREE ☘☘☘ Bitcoin Transaction Accelerator for Unconfirmed Transactions ☘☘☘ on: February 02, 2021, 11:51:26 AM
I suggest 102 satoshis/byte transaction today at the time of writing fee to avoid stuck transfers..
Pool is not so busy

Why do you give advice if you don't understand mempool? In time you post this, even 50-60 sat/byte was enough for the transaction to receive confirmation in the next block. You can now delete this message as well, but you cannot delete what is written in the trust feedback.

https://jochen-hoenicke.de/queue/#0,24h
8139  Other / Off-topic / Re: Merit Rascals, Newbies, and Merit Sources Come on: February 02, 2021, 11:40:58 AM
*Candidate post are there so I don't have to waste so much time finding a deserving post from you.

Active participation in the forum should not be considered a waste of time, at least I think so. All those who are active every day and visit 5-10 different boards will have no problem finding quite enough posts that deserve to be rewarded with merit.
8140  Bitcoin / Bitcoin Discussion / Re: recent negative statement against Bitcoin on: February 02, 2021, 11:20:53 AM
Warnings are always welcome, especially if it's about something most people don't understand at all, and Bitcoin is still a big unknown to many. Of course, everyone focuses on price as a factor that can cause someone a financial loss, but what about the fact that a large part of investors completely ignore the security factor and lose their investment because they are hacked in one way or another?

People need to be educated not to find themselves in such situations, because anyone who becomes a victim of their ignorance will first blame Bitcoin as a Ponzi or MLM scheme, before admitting that they themselves have done something wrong.

Negative news in the true sense are those that link Bitcoin to money laundering, terrorist financing, ransomware, or environmental destruction.
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