Bitcoin Forum
May 24, 2024, 12:19:50 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  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 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 ... 600 »
821  Economy / Economics / Re: DAO & Electricity on: September 14, 2022, 09:12:09 PM
Internationally, power company cooperation was cut a few months ago (and recently) by Russia's invasion of Ukraine (the UK and Norway withdrew their stakes in oil exploration there). I don't think there was much cohesion in the industry before then but now there'll be even less.

The USA isn't the only country that mines in PoW and I think it'd be easier to compete with from other countries if it was as someone in another country could likely negotiate a better rate. Some PoS implementations suffer from selecting nodes based on proximity which is worse for decentralisation (as in they favour bandwidth and ping speeds, which is essentially the same thing as a bunch of nodes in the same datacentre are going to be preferred over ones scattered about).
822  Bitcoin / Development & Technical Discussion / Re: Concept of a layer 2 to overcome Bitcoin Blockchain scalability issues on: September 14, 2022, 09:07:30 PM
This looks like something similar to coinjoin but without the privacy/mixing element is essentially replaced with a pool of transactions/signed receipts/ious?

As far as I can work out from what you've said you want to store signed transactions online in a way that no transaction has to be sent until it needs to be or is wanted - a bit like the ligjtninent network but the ln requires a multisig address to be funded.
823  Other / Beginners & Help / Re: The description of the Topic Starter (OP) Hidden on: September 14, 2022, 08:57:08 PM
As it was said by Welsh, most users might not know the meaning or the reason adding the feature to their name.

Most users? I'm not so sure. Most newbies perhaps? Besides, that's not what Welsh said. He said: "not everyone will know what "OP" stands for".

On the first topic I read after the update I thought the topic starter had changed their username to include (op) - although then I clicked another thread and saw it was a thing to identify the topic starter...

I don't know if that text is entirely necessary or whether it'll fit there well on mobile, perhaps near the time edit section or something (as edits are more verbose on mobile with the text below that you'd be able to hover over with the mouse normally to see).

Also, it might just not matter to know what OP stands for until you've been around here enough to work it out (I did that with the ranking system I think when I first joined).
824  Other / Meta / Re: BPIP got a Factoid slot since when? on: September 14, 2022, 05:24:37 AM
@jackg
I thought rest are some iconic threads lol
There are some interesting finds there:
Quote from: factoid
I HATE TABLES I HATE TABLES I HA(╯°□°)╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
This is one I probably normally think of when I'm reminded of these factoids. .

didn’t click the link either.
My impulses took over for this one Grin
Quote from: factoid
posts should actually contain ideas, and these ideas should be argued reasonably

On note of not clicking the link though, it's available when you click "advertise here" on any topic with a reply and they're quite interesting to go through once to see if there's anything you've missed or see quotes users here have put in (especially ones not as active any more).

Nothing important but just want to know when added and what's the procedure.

Stuff like this is normally done quite quietly. And normally takes being noticed by Theymos I think but there might be a thing that vips get a slot and some reputable people might get one too.

I've checked on archive sites and can't find a copy since last December, but it wasn't on there so it's been added since.
825  Other / Off-topic / Re: Gamma-Rays (5G) Network With Bitcoin Transaction Speed on: September 14, 2022, 04:56:35 AM
Also all these travel at the same speed in a vacuum.

We only use microwaves and Radio waves for communication (and only microwaves are used for phones) - I'm pretty sure that's because of the limitations of processing them (light has also been used but not at a frequency that'd compete with microwaves - it's been used for convenience) and the heat they'd give off. Xrays and infrared are more used for static images/signals ehrte you can send one message that's repeated for a specific period (eg using a TV remote).

@franky1, I read that badly and was trying to work out what butterflies did to make microwaves Grin.
826  Bitcoin / Bitcoin Discussion / Re: Can the blockchain be hacked? Ask again. on: September 14, 2022, 12:33:01 AM
If a node is compromised only the information on that node is false, other nodes can still be productive and can prove they have the longest chain.

A 51% attack would be quite impossible. If you wanted to do it now and you weren't a distributed attacker, you'd get rioters shutting you down because you've taken their power away from you. If you were a distributed attacker, you've got a hard job ahead of you for making the reward you're about to get worthless for no reason.

51% attacks are unlikely to replace transactions in blocks that have already been mined too - especially if they happened more than a few blocks. It becomes exponentially harder to remove a block the further back you go.
827  Economy / Economics / Re: Crypto Engineers, Investors Sue US Treasury Over Tornado Cash Sanctions on: September 14, 2022, 12:24:01 AM
Did they not prove tornado cash was an entity by sanctioning it?

Most legal entities have to have the ability to write contracts, pay off/serve contracts and be regulatable. The first two may be more clear as it could be described as a company similar to that of a publisher where they hold contracts to compensate a person what they make from people who access their work. And tornado cash is a series of contracts that compensate people for an amount they pay in provided they can provide proof they own it. (I don't know if this comparison is too murky or not).

The freedom of speech point looks like it has much better credibility (but it is the US - they'd have a much better chance waiting to argue that in the Netherlands courts if the devs are sent to trial).
828  Economy / Economics / Re: King Charles pays no inheritance tax on the Queen's $750M private estate on: September 14, 2022, 12:10:08 AM
I think it's mainly been a topic of debate because of how the tax is actually incurred by people paying it. Most populous areas in the south of the UK have houses worth over £400,000 and areas like Surrey used to have houses starting at £1M. Does the death of a loved one mean you should immediately move house in order to pay their inheritance tax? I'm not sure how the whole system works but I know there's a year's cooling off period before assets are able to be given to the inheritors (this might be different if you live in the house, but I doubt it's much different and probably requires remortgaging - if you can get one to cover that tax - or selling).
829  Other / Meta / Re: BPIP got a Factoid slot since when? on: September 13, 2022, 04:07:01 AM
Bpip has 4 factoids!


Quote from: bitcointalk
Activity + Trust + Earned Merit == The Most Recognized Users on Bitcointalk
[BPIP] Who are your biggest merit fans? Who do you send all of your sMerit to? .. Do you.. MATR?? O_o
[BPIP] Bitcointalk Public Information Project - User stats, ranks, reports, web browser extension, and more!
Who are the least trusted users of Bitcointalk? ¯\_(ツ)_/¯ Who are the most trusted users of Bitcointalk?

https://bitcointalk.org/adrotate.php?adinfo

I didn't think it was that new though (I thought it was a few weeks/months old but could be wrong).
830  Economy / Economics / Re: Queen Elizabeth II's death may pose financial constraints for King Charles III on: September 12, 2022, 09:22:49 PM
I think there's going to be a bias change since two of the main signers of law have changed over the past week (both the monarch and the prime minister) but they seem like two people who might counterbalance each other. Charles will probably start trying to heavily push investments in green energy alternatives which would do something for reducing energy rates - even though most of the new government cabinet are in denial over the effects of global climate change and their contribution to it.

I'm not sure if you saw any videos on social media at the time but the royal family who flew back returned on commercial jets with other people on them instead of private ones which seems like an interesting change to have started (not sure if it's happened before though).
831  Economy / Economics / Re: The Impact of the Capitalist System on People's Economic Practices, Really? on: September 12, 2022, 06:06:44 PM
It's a long standing scenario that houses are normally built for a lot cheaper than what they're sold for (I'd say its particularly in the UK and the nordics but the US might have a higher margin if they live in wooden houses). I've seen it be complained about a lot online even before now.

If you got a social housing system where people put money into the workers to develop a skill related to building houses and they started doing that, they'd stand to gain a very high profit from it. The problem is that most property construction is dominated by a few industries and banks and the people who have skills can already build their houses cheaply.

Also, you can buy fractions of bitcoin, you don't have to buy a whole one and if you don't know what you're doing, a bitcoin investment is the best place to put your money while you learn (aside from diversifying into stocks too so you can buy more bitcoin if it drops - or at least not panic sell your bitcoin).
832  Bitcoin / Development & Technical Discussion / Re: Any newbie friendly threads within the Development and Technical Discussion? on: September 12, 2022, 05:56:51 PM
I think git is hard to learn if you don't know programming/working with command lines, but if you do then you'll get a pretty good understanding pretty quickly - it might be unnecessary to learn if you're not going to need it.

I found the wikis a good place to learn (bitcoin.it for example) and it's very good to supplement it with forum topics. If you don't know so much you might want to wait a few days and then go through a deep dive of what you've missed in that time to see if anything interesting has come up (especially because you'll get less unanswered questions if topics already have multiple answers).

There's a lot of suggestions for airgapping wallets and many tutorials too. You might want to add if there's specific wallets you're interested in. The most beginner friendly is probably Electrum, but you can airgap with most.

For fun facts, every now and then some information gets released that's quite interesting. There's always the older topics in a lot of sections that people like to look through (eg the marketplace section from the very early days - you can sort posts via date modified by clicking that button at the top). There's also historic correspondence between devs/satoshi that are findable and released in places too (I think some emails were made public as well).
833  Other / Beginners & Help / Re: Why cant we trust the digital signauters more? on: September 12, 2022, 05:43:09 PM
It's how the chain is designed to make blocks every 10 minutes and keep it as consistent as possible without using timestamps. It eliminates a need for trust more than most alternative implementations too and allows you to know you have the full chain (what if a transaction doesn't reach someone but they expect to pay you with its outputs).

Addresses are hashes of public keys but that's mainly done to increase security (by adding additional algorithms) and compression as the hash that's paid is fewer bytes than a public.
834  Other / Meta / Re: Trade Feedback vs Non Trade Feedback on: September 12, 2022, 02:46:03 PM
A non trade option doesn't quite fit into the feedback system.
But a lot of the feedback visible by default are from NON TRADE. Don’t ask me for stats. This NON TRADE feedbacks help some scammers to scam big sum which we have already seen few times. I don't want to name anyone here but we all know how feedback system is working here. Let me be honest, I checked your sent feedbacks and they were quite satisfactory but a lot of DT members don't practice this at all.

My issue with this is I think it'd be very easy for a scammer to do trades just to get their trader trust higher - we've seen that before around here a lot too. Since the new trust system was introduced, it's more encouraged to read through others' trust histories first before doing any trading with them - perhaps we need more emphasis on this (/due diligence) in the marketplace section than we do different trust depending on whether a trade was done or not.

835  Economy / Trading Discussion / Re: leverage trading method and psychology on: September 12, 2022, 02:38:00 PM
the strategy I have back tested has a 93- 96% success rate on the 1 minute chart at 50x leverage
How many backtested trades did you do to get to that figure?
Some things work well for a week and then just stop working.

but that 4% will liquidate you

Are you sure it's 4%? There's no extra buffer the exchange adds at that leverage (it'll be unique to each exchange afaik).

The plan was one quick scalp a day a move of 1/2% which would gain me 5-10% on my account

I think the theory is sound just need to work on the execution  Wink

It might work if you have good execution and other things (like plans to stop for the day if nothing interesting happens).

There are ways of detecting certain moves that'll probably work in these strategies more than they won't - the issue is going to be to stop when something stops working and going back to backtesting.



The execution should have a stop loss though, it pulling back in the direction beyond your tp three times doesn't mean anything if you've liquidated three times in the process of doing that or one liquidation will empty your account.
836  Bitcoin / Wallet software / Re: Looking for non-custodial wallet software with an HTTP API on: September 12, 2022, 03:00:36 AM
I hear btcpayserver being thrown around a lot as an open source self hosted payment processor.

I think you're going to have a hard time finding something that's non custodial with high acceptance without using a payment processor like bitpay (there's a chance they do automatic forwarding).


You could also find an alternative by making addresses on the server from a master public key and having code (or manually) verifying them - there's probably a lot more of these types of code around.
837  Bitcoin / Bitcoin Discussion / Re: Some Limitations of Bitcointalk Members from Developing Countries on: September 11, 2022, 05:59:07 PM
You do not necessarily have to use it publicly. As someone from a developing/underdeveloped nation with high rate of corruption, law enforcement agencies can request to search one (especially young males) in the guise of suspicion of fraud and demand that you unlock your phones and other gadgets with you, this is when any Bitcoin related app can be discovered and linked to fraudulent activities without any evidence whatsoever.

If you're using android I'd recommend using private space in these sorts of areas (you should be able to search for it to find out what it is).

It's essentially another login on your android device but it looks like your normal phone (I think Apple has something similar too but I'm not sure). The difference between accessing your main space and private space is putting in a different pin. You can find your private space from your main space but no the other way round (and there's probably ways to hide it showing up on either too). Sometimes I find it quite handy for keeping apps in different places on my phone and use it for that - it's fast to load both areas but you can only use a fingerprint on the main one I think and there may be a second's delay while it loads up the other space (but if you've unlocked both in advance then the delay goes).
838  Bitcoin / Bitcoin Discussion / Re: Censorship in Bitcoin online forums on: September 11, 2022, 01:56:51 PM
I mirrored the post here;

It mightve been a good idea to add more references to the post if you like it and want it to get more traction around here (you don't have to but it might spark good discussion).

But I figured /r/bitcoin would have less issues...
Afaik it's a similar moderation team to here but they have to conform to reddit's standards too which is probably why it was deleted. The r/bitcoin space always looks quite dead (/much less active than here) whenever I go to it too and maybe the overmoderation has done that.
839  Bitcoin / Bitcoin Discussion / Re: Some Limitations of Bitcointalk Members from Developing Countries on: September 11, 2022, 01:42:06 PM
I only use a phone with bitcointalk while living in a fairly wealthy country just because it's easier to access and when people message me about topics, my messaging apps are on my phone so it makes sense to use bitcointalk from there a lot. Phones should generally be one of the cheapest things to charge too (they don't use much mains electric). You could also look for a portable charger if you can afford it (but one that holds a few phone charges).

Is Internet continously unstable too? Is there no chance it improves in the late eaceninga early mornings if you could try doing things then (there's a chance it's worse at that time too though as fewer people might notice).

You've not said why you're using bitcoin in public to attract the attention of enforcement teams, maybe you should stop using something quite so explicit around them if you can.

The underemployment/unemployment is a hard one to solve though, you could try to grow here and start something (even just joining a signature campaign after you've ranked up a bit) but it might be better to see how others have managed to find things near you and if there are any avenues of well paid work you could look at (you haven't said what the average livable salary is there though)?



I sense this topic is short of responses because of its length, you might want to try to write a bit less next time or make two or three topics to cover everything instead of the one.
840  Economy / Trading Discussion / Re: Why Binance giving more Apr in fixable staking (saving) than locked staking? on: September 11, 2022, 04:23:43 AM

Most of the time it is "promotional". You will see that the flexible staking APR will go down in few weeks. They increase the rate so more people stake their coins which they can use it for lending it to other traders.   Once they have enough coins staked, they will usually lower down the rate. I mean they have some internal quotas of their own. They change the rate based on this quota.

When using them for lending they had a very high variation on their rates (they went up and down a lot) so this makes a lot of sense. Also running a promotional things like this might incentivise more users to lock up their funds for a fixed term saving after the rate deviates back to being below an instant withdrawal one.
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 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 ... 600 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!