Bitcoin Forum
June 21, 2024, 12:32:00 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 [42] 43 44 45 46 »
821  Bitcoin / Bitcoin Discussion / Re: Don't Just HODL But HODL Wisely and Securely on: September 19, 2023, 04:20:56 PM
One of the key things or elements before one starts to hold is the security of the wallets, many new investors actually do not pay much attention to this and lose their funds in that process. Both long term and short term holders need to use a reputable and widely accepted wallets. This is one of the reasons why many experienced investors are of the general opinion that wallets that are not connected to the internet are usually the best for holding.

Many newbies find it difficult to settle for a particular wallet, although they are new Wallets that with exciting features but my preferred choice is always old tested and proven wallets that many users have attested to, rather than a new wallet without proper or much review
822  Bitcoin / Electrum / Re: Unconfirmed Transaction on: September 18, 2023, 09:43:24 PM
Are you recommending copying the destination address and amount and pay from the wallet instead of clicking the wallet option from the site ?

Yes it will be better to write the receiving address into the website rather than connecting them together. One more thing be careful of the way you copy and paste, there is also clipboard malware that is becoming very common now. So even when you copy make sure you’re pasting the right thing by going thoroughly through it
823  Bitcoin / Electrum / Re: Unconfirmed Transaction on: September 18, 2023, 09:28:26 PM
Probably the number of confirmation might be the issue. My major concern is you moving straight from the website to electrum wallet which means you have connected that wallet to the site. For security purpose it is a bad thing and if possible you need to take your funds off that address because it is expose to online website and can easily be compromised
824  Economy / Speculation / Re: Why Is Bitcoin Price Increasing? on: September 18, 2023, 06:33:08 PM

Where are the market sentiments affecting the market gradually, and where is the narrative support behind it? I can ask plenty of questions on it as the topic doesn't hold any semantic and substantial load in it. I may have admired the post if OP had mentioned some recent developments that might get skipped from many other users, any on-chain activity report, and anything that should at least meet the time zone.

The points listed by OP are just general observations used to explain to a newbie why bitcoin has increased but this can’t be the actual point at this moment. Things like market sentiment or even the news that Mt.Gotx are ready to return investors hacked funds could have been better in this particular case. Not so many cases I would say that is causing the move that warrant a thread other than side way movement by investors either selling or buying due to the up coming halving
825  Bitcoin / Bitcoin Discussion / Re: Not banned, yet not accepted on: September 18, 2023, 08:17:26 AM
There are several layers to "ban." People cant use cryptocurrency as much when their government doesnt let local banks control cryptocurrency deals. Bitcoin and other cryptocurrencies work without banks. Although restrictions, it does not completely prohibit individual owning or making p2p transactions.

Exactly ban is very different from restrictions, banning is when the government is seriously stern against it like banning of its mining and also setting aside punishment for anyone who engages in it. But for restrictions it will simply ‘hey we the government don’t want to associate with the stuff and also the banks shouldn’t but if you choose to it is at your own risk’ this way it is restricted to been used publicly but not banned to be used by individuals just that they carry the risk them selves. Although when there is restrictions I would advice one to be cautious of using it because if the government one day turns to ban it, those using it publicly during restricted days will be at danger
826  Bitcoin / Bitcoin Discussion / Re: Bitcoin is very safe coin because of good developers on: September 17, 2023, 09:02:52 PM

Bitcoin network is truly decentralized but I disagree that the Bitcoin technology does not depend upon developer. The fact that Bitcoin's innovations and development relies on the developer, it is clear enough that Bitcoin relies on the developer to continue to evolve.

Bitcoin's fundamental is decentralized blockchain and we should be at least thankful to the developer that they keep it that way though some thinks that it does not hold the truth 100% especially during the argument of blocksize.

About Bitcoin being unhackable, it is an overstatement, Bitcoin is a technology and it als has its own flaws.  It was exploited on its early years but after that incident, the Bitcoin security had never been breached.

The clear message will be bitcoin doesn’t depends on a specific developer that without the developer nothing will happen like how centralized bodies or protocols are. It is rather a technology that remains open that just any one can contrite

Also on the issue of hack bitcoin is almost unhackable most of the breaches found today are not direct but rather it is the platforms used for it, like wallet or exchanges are easily hacked

827  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency beats having faits at every point on: September 17, 2023, 06:52:26 PM
As for my favorite reason for choosing Bitcoin over fiat currency, it's the sense of control and potential for growth that it offers. Plus, I'm in good company here, so feel free to share your thoughts too! 😊

The hedge against inflation is my second most favorite advantage of it against fiat currency. With this one can hold on to an asset that doesn’t depreciates and it is not hard to get like precious metals with similar advantages. The ability to also transact without having to covert from one currency to another is also important advantage.

My only advice is one to invest not all ones money into it so that you can hold on for longer time. Rushing to withdraw your bitcoin after investing everything into it all the time of emergency is bad
828  Bitcoin / Bitcoin Technical Support / Re: Is it possible to accelerate this transaction on: September 17, 2023, 06:18:29 AM
So whats the maximum amount of time it could possibly sit there before it gets sent back or is confirmed or is that not really a thing that can be predicted ?

Ideally it is 14 days by default but there some conditions that could still keep it there more than that time. One is if the wallet or sender doesn’t continually rebroadcast the transaction, but if they do then it will certainly take more time. Secondly is since node’s mempools receives transaction in different Time it will also take different Time to drop it and also the size of the pools are different and as such some will keep it beyond that time
829  Bitcoin / Bitcoin Technical Support / Re: Is it possible to accelerate this transaction? on: September 17, 2023, 06:04:34 AM
Unfortunately im not and someone else said nothing can really be done because it is only a segwit transaction so al i can really do is wait idk how true that is either. Im the receiver but it is on my cashapp wallet.

Since it is cash app you are receiving into them from your end you cannot do anything because it is not a non-custodian wallet that allows transaction bumping. The only way is if the transaction is not from an exchange and the wallet of the sender can actually bump the transaction you can simply ask him to or better still double spend your the transaction again from there but if it is an exchange sorry nothing can be done, you may have too wait and hope they don’t continue to rebroadcast the transaction with such low fees.

someone else said nothing can really be done because it is only a segwit transaction so al i can really do is wait idk how true that is either.

That is not true, you cannot do anything because you’re using a wallet that doesn’t support any bitcoin bumping feature, it is not because you’re using segwit address or receiving on legacy address that is the problem. But the sending and receiving wallet are the problem.

In the future try to use a wallet that supports bitcoin bumping to avoid cases like this.
830  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: September 15, 2023, 11:02:09 PM
Leverkusen performance under the coaching of Xabi Alonso is really great in getting points, they are very consistent this season, they succeeded hold Bayern Munich to a draw which is a positive signal for their squad at next. Previously, I also not too sure that Leverkusen could hold Bayern Munich to a draw, because Bayern Munich have many good strikers at there, and it was believed that Leverkusen would lose but Leverkusen defense really a great.
Also, Leverkusen lucky got a penalty and can be perfected very well by Palacios, if Palacios can't scored then Bayern Munich could secured the three points. But at least this result is very worthy for both teams, they shared the points on matchday 4. Leverkusen must continue to get three points in every match, if not then Bayern Munich have a big chance to taking over the top position.

Such a very entertaining match with both teams going toe to toe with each other sincerely speaking Alonso is building one hell of a team here. Their transition football was what I was in awe of and of Bayern Munich should be scared of the league tittle this season then Bayer Leverkusen is the team they should be scared of. The game looks like a proper title deciding match. Bayern much would certainly feel hard done by the referees decision to award that last minutes penalty, he didn’t even checked the foul on Musiala but Leverkusen did deserve a point
831  Bitcoin / Bitcoin Technical Support / Re: My Bitcoin transaction has been stuck in the mempool for two weeks please help! on: September 15, 2023, 10:31:41 PM
Sadly with just 9sat/vbyte you can’t get your transaction processed and even looking a the mempool it is like the Wallet used to make this transaction wasn’t RBF enabled and doesn’t support bumping of the transaction. Can you import the seed of the recipient address into maybe electrum wallet if you’re using desktop or BlueWallet for mobile device to probably use the CPFP method.

You can somehow try to accelerate your transaction using viabtc accelerator, but you might have to pay (which I don’t know the amount) because your transaction is larger to been accelerated using the free service.

832  Other / Beginners & Help / Re: Bitcoin related words in simple terms on: September 15, 2023, 10:21:46 PM
People mistake lightning with lightening. The bolder is the right word to use for Bitcoin in Bitcoin lightning network, as in lightning network but reading through some post, it's annoying when people use the first one from the image which is wrong.

I don’t get the reason why you would get annoyed for such a thing as spelling mistake. This is a large forum that comprises of people from different languages and as such the non English speakers would definitely make mistakes like this. The two words might be different but clear when it used in this forum or related to bitcoin then you certainly should know what the writer means. So if it see any big thing about this
833  Other / Beginners & Help / Re: Interview questions on Bitcoin for newbies. on: September 15, 2023, 09:04:08 AM
This kind of questions have definitely been treated here before since this is a bitcoin discussion forum.
And the way your thread goes I don’t understand maybe it is kind of a question or you want to also share a knowledge. But if it is the later then be rest assured that it has been treated already.

If it is the former then I would refer you to this bitcoin mastering book and also to this site called learnmeabitcoin.com
834  Other / Beginners & Help / Re: How can i get a functional wallet on: September 15, 2023, 08:48:06 AM
The two replies above gives you the guide on how to create an electrum wallet which is the most reputable wallet that is been used as both hot and cold wallet. But as someone who is new and would like to learn about other wallets too I would advice you read this thread on bitcoin wallets.

Also you didn’t specify which type of wallet you want, the guides above is just for bitcoin only wallet as electrum doesn’t support other coins. For other coins you should use unstoppable wallet. It supports many cryptocurrencies and is open source like electrum wallet
835  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: September 14, 2023, 10:23:14 PM

When compared to Steven Gerrard, Xabi is better and this has been proven so far. Laverkusen next match will be against the toughest opponent in the Bundesliga, Bayern Munchen which will be a real test for Xabi squad. If they manage to hold a draw, that alone will be good enough for them I think.

We can’t run into conclusions because Xabi Alonso is found to tag him a better manager than Steven Gerrard. Gerrard had a remarkable season at Rangers and won the championship that alone means he has an accolade as a manager than Alonso. Xabi is on a right track with his project at Leverkusen since the he took the job. I hope he gets the league ahead of Bayern this season. The start of this dream will be grounded when they face Bayern. With the inform Boniface will bring the fire to this encounter with him even coming out as the Bundesliga player of the month and also Rookie of the month
836  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: September 14, 2023, 10:02:47 PM

I heard this story from a slightly different side - insiders write that Tuchel dreams of getting rid of Kimmich (because he supposedly slows down the game), while the management and players of Bayern support Kimmich. If Tuchel can strengthen his position at the club then such a transfer will become likely, especially given the fact that Bayern wants to get Raphinha, but in the summer when the exchange of players was discussed, Bayern were against adding Kimmich to the deal.

Kimmich is still a great player and I don’t understand why Tuchel isn’t a fan of him. Yes defensively he is not the type that win challenges like Casemiro esque but he is one that connects the attack and defense and this is similar to the pattern of Xavi himself in the good old days so it is not surprising seeing him have an admiration for him. I don’t see Kimmich leaving Bayern anytime soon because he is the closest thing to been there leader after Nuer and Muller both in the club and the National team. And we all know that Bayern also pays concentration to decision from the nations association before making decisions like this.
You meant to say his replacement is João Palhinha of Fulham, yes he was almost signed and the deal fell apart in the deadline day when Fulham couldn’t find a replacement. Today he just signed a new contract with them keeping him till 2028 which means Bayern might be spending more to get him next transfer window
837  Economy / Speculation / Re: Good time to sell? on: September 13, 2023, 11:02:34 PM
Will be taking profits in batches and that batches will be base on price and not time frame, once it reaches each price target will withdraw certain percentage. For example the price clocks around the current all time high then I will withdraw some percentage of my intended profit and after that will take next profit around 100k.

How do I know if we reached the peak is certainly when the price is doubling the current all time high which would be above 100k at that point I would place my believe of it surpassing that much again and will consider it the peak.
838  Bitcoin / Bitcoin Discussion / Re: What is your take on Mt. Gox refund ? on: September 13, 2023, 10:01:17 PM
It would be a two way something, when the exchange was hacked in 2014, the price of bitcoin was less than $500 and right now the price is more 50x that price so some people will sell. Also other people will try to hold having in mind that another bull run might be here in one year time so they would like to wait for it. We can’t be certain which way it will go but one thing is any impact that it will be having will definitely be a short term impact and the market will return back to normal.

For me what bothers me on its impact on bitcoin future will be how naive people will address this issue. Some gullible people will have a renewed hope in storing funds in centralized exchanges Because they would believe they can get there funds return after any down fall and would prefer some platforms be their bank other than them holding their money in a non-custodial wallets
839  Bitcoin / Bitcoin Discussion / Re: How we can sell and store crypto speacialy BTC on: September 13, 2023, 05:26:08 PM
You can sell or buy through through P2P exchange from someone in your country. Or you can use exchanges to buy and sell, there are many types of these exchanges where you can buy and sell with your fellow country traders. Here are list of non KYC exchanges
840  Other / Beginners & Help / Re: This is How to Avoid Plagiarism on: September 13, 2023, 04:12:00 PM
Base on the forum I would say the easiest and simplest way to avoid plagiarism is to cite or reference the source or author no to long talk about that.

On a broader level i would say stick to share only about what you know and if necessary quote direct from a source what you copied. One can easily get caught up if you decide to continually paraphrase other people’s work
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 [42] 43 44 45 46 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!