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901  Bitcoin / Bitcoin Discussion / Re: Mempool full? Long transaction times + fees x10! on: March 04, 2023, 07:18:40 PM
paying more does not cause mining pools to want your transaction more then a spam meme

there are already many spam memes that pay NO FEE AT ALL but allowed to bloat a whole block

Come on, Franky, the fact that some can now and then make a deal with the mining pool to mine their tx with small or no (on-chain) fee (who knows if other payment was made and how much that was?) is an exception.
The rule is that in 99.999% of the cases a mining pools will prefer the transactions with the higher fees ( per vByte ).


On the other hand, I do agree that paying more may, on long term only make all the fees gradually increase with no benefit for anybody else than the miners. Plus the users think that the next fee after 1 sat/vByte is 2 sat/vByte, not 1.1 or so, making the rise more abrupt.
I'd like to see this NFT spam gone, but I don't think it'll happen too soon. And I fear we are heading to ... what we had in December 2017 (as fees).
902  Economy / Games and rounds / Re: [RAFFLE] Utopia - P2P Ecosystem | Free Bitcoin Raffle Weekly 💎 Round 2 on: March 04, 2023, 06:44:15 PM
Bitcointalk Username: NeuroticFish
Utopia Public Key: B60BB01CBC88C8E9E36206CF8D92C733AE5AA972439A12C5E6CDE80A45E31352
Message Deep Link (Chat link): https://utopia.im/d53b4431fd604e2f0261792444797aa4?tid=2465403565634570826
Slot No: 24

Thank you.
903  Bitcoin / Bitcoin Discussion / Re: How will you feel when your government make BTC legal? on: March 04, 2023, 06:23:06 PM
I wonder if making Bitcoin legal tender also automatically entails a tax exemption on realized gains? That is probably different from country to country? I would like to understand the legal implications of something becoming legal tender.

Otherwise, making Bitcoin legal tender when you still have to pay taxes on realized gains at the time you make a purchase or pay your tax, there is still too much hassle involved in actually using it to buy stuff.

The label "legal tender" isn't so interesting to me. A tax exemption would make Bitcoin way more useful, even if it is up to a certain limited amount for single item purchases.

Legal tender should not mean tax exemption, knowing that the state is, by definition, hungry for money.
But if bitcoin becomes legal tender there might become pretty difficult to know who and how much bitcoin did spend, since the grocery store doesn't ask for your ID.

I guess that sooner or later bitcoin will be recognized for what it is: another form of money. Then it should be no need for such tax and legal tender would be easy and normal. But governments need to be interested to do such a move, so my hopes are very low on that.
904  Bitcoin / Bitcoin Discussion / Re: How will you feel when your government make BTC legal? on: March 04, 2023, 06:01:24 PM
My way to class this morning with some of my lovely course mate, someone raise this question that if our government decide to adopt BTC or make BTC legal how will i feel? I told him that the day our government will announce that BTC is now fully legalized in the country, I will throw a big party to host all the bitcoiners in my environment to join me to celebrate. If your government decide to adopt BTC or make BTC legal in your country, how will you feel?  Will you be among the people that will be angry because i know there are some people in our various places that think BTC is a scam digital currency which is not true, will you go to make them to understand it better in a positive way?

I'm not sure what country are you from, but Bitcoin is legal (ie not illegal) in most countries.
However, if Bitcoin will become legal tender, ie I'll be able to pay for everything I want with Bitcoin if I want to, then I'll be indeed very happy.
905  Economy / Gambling discussion / Re: F1 Formula Sports Racing - Sportsbet.io promotions & discussion thread on: March 04, 2023, 03:13:38 PM
if im not wrong the qualifying is in one hour?

You're one hour off. Q1 is already running.

Verstappen is huge favorite to win as always

I've seen P3 and there Aston Martin and Mercedes have also looked strong. Max may have some real opposition this year. And if so it'll be great!
906  Other / Beginners & Help / Re: Multisig Wallet 2 of 3 on: March 04, 2023, 03:10:43 PM
What exactly is the difference between Electrs and EPS?

EPS is focused for single-wallet usage.
Electrs can be used with any amount of unrelated wallets. Also can be used by block explorer (if you install one).

Can Electrs also be privatized?
Or does that only work with EPS?

I'm not sure what you mean here. I've always user Electrs locally and didn't expose it to the internet, it works very good like that. But I don't know if or where would be the settings Electrs would advertise itself as Electrum Server. However, since I have no port forwarding done for it, I'm not concerned.
On the other hand, I've done tests with another server, Fulcrum, and there I had to explicitly disable its announcing to get to same behavior as I have with Electrs.

And in case of loss or damage, do I have to save seeds and public keys to restore my multisig wallet and move money or are just the seeds enough?

In theory the seeds should be enough to re-create the wallet if it's the case.
Just imagine: from the seeds you can restore the original 3 wallets. And I guess that from the 3 original wallets the multisig one can also be re-created. I don't see any reason to not be like that, but you can easily try this when you have the devices (or wait until you get answers from somebody who has actually done that).
907  Economy / Scam Accusations / Re: Doing some work for Saxydev, Earned $90 but Never received the Payment.  on: March 04, 2023, 02:51:10 PM
I did the same. Looks like the mods caught it and deleted the troll's post and all the off-topic comments.

I get it that it's important not to give trolls too much attention, but it's always a good idea to report any behavior that violates the platform's guidelines, including trolling or harassment. This helps to maintain a safe and respectful environment for all members. I'm glad the mods share the same perspective.

Thank you.
From what I've seen I think that the account was not banned (not even temp ban), still, removing that garbage is an obvious step forward.
So I'll add my "thank you" to the mods too.
908  Local / Romānă (Romanian) / Re: Ajută Bitcoin să ajute Ucraina! on: March 03, 2023, 11:54:47 PM
Dar, cu ajutorul tuturor, poate că pe 24 februarie 2024 poporul ucrainean va putea zāmbi. Acesta este un apel către toți: Ajutați Bitcoin să ajute Ucraina!!!

Sunt de acord. Felicitari pentru initiativa si pentru traducere!
As adauga doar ca nu strica sa punem mai la vedere adresele de donatii. Ca fiecare leu satoshi poate sa ajute.
Am gasit postarea acesta, dar nu stiu daca mai este de actualitate, ca am vazut ca nu a mai donat nimeni de multisor, iar topicul este inchis. Stii cumva ceva despre asta?
909  Other / Beginners & Help / Re: Multisig Wallet 2 of 3 on: March 03, 2023, 11:31:25 PM
I'm just unsure whether I should use Bitcoin Core for my multisig or Electrum via EPS....

I didn't manage to make Bitcoin Core work with hardware wallet. It was half a year ago, but I don't expect it to be better now.

If it helps, I use (with my hardware wallet) Electrum with Electrs as server, not EPS. I've found EPS far too restrictive (although afaik it does support multisig wallets too!). So if you'll get into troubles and want to go for a better server, my tutorial is made for Windows, but since Electrs is installed onto the WSL (Windows Subsystem for Linux), it can be useful even if you have actual Linux.
910  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM Deposit Exchange Rate shocks on: March 03, 2023, 11:22:42 PM
From a quick glance and with limited knowledge of how Bitcoin ATMs work from the setup perspective, I assume that the person who owns the ATM set a pretty high fee and that fee is baked into the price for the end user.  Maybe this is done for simplicity or to hide the fees from the user so it seems like a fee-free experience, but regardless of what is to blame that receipt could give more information.  I can understand things on the screen trying to be as simple as possible and not have the user doing math to calculate fees, but to not show anything at all seems almost misleading.  Especially if it's built into the price and nothing else is shown.

It is built into the price and from what I also know nothing else is shown. Maybe some extra fee as "transaction fee" in some cases.
However, the ATM shows both buy and sell prices and you can easily see how big is the spread, hence the fee they're trying to get from you. Not the most straightforward way, nor the most exact, still it can work/can help.

The same thing happened with 1,800 dollars' worth of bitcoin, and only 1377 dollars' worth of bitcoin was received at the address.

Wow. I've seen ~14% fees and I've found them very big (normal would be somewhere closer to 6%). But in your case, if my math is right, it's 23.5%. That's indeed excessive.
911  Other / New forum software / Re: Bitcointalk Wallet Address verified badge? on: March 03, 2023, 11:02:28 PM
Recently, I was viewing some threads and reading posts in Reputation and Scam accusation sub-boards and saw that sometimes accounts with high reputation were getting hacked and hackers were using their reputation as an advantage and lying user(s) about payment address.

You may be missing something here and there.
1. I do have address (actually 2 addresses) staked, still, when I want to do things, I usually do on completely different addresses so I don't reuse that much. Would that make me a scammer? I hope not  Smiley
2. Knowing the fact from point 1, nobody stops a hacker (especially the hacker of a long inactive account) remain with this badge and still use a different address.
3. One can make a new account and stake his address and might be (wrongly) seen as reputable.

So.. I think that this kind of badge would not help. It could even mislead. The proper rules for engaging in trading on the forum are:
* Read carefully all trust feedback no matter who made it, then decide for yourself.
* Make proper use of reputable escrows.
* Avoid impersonation by avoiding other messaging platforms and by using and requesting signed messages (and here the staked address will help).


I think that this is more appropriate for Meta.
912  Other / Beginners & Help / Re: Why recommend when they don't understand the risks? on: March 03, 2023, 10:49:17 PM
Anything different from bitcoin is a pure gamble

No matter how good projects look in this crypto space, the risk is always present.


You basically said it all in these two lines. People are slowly starting to realize that the power of bitcoin is because the guy/group who started it is/was a good person. He/they had great intentions because of the fact that his/their coins haven't moved for over 14 years now.

Yes and no. Bitcoin is still risky too. Clearly not in the way it was 8, 10 or more years ago, but still risky, let's be honest. Some accept and embrace that risk, some get scared and end up buying high and selling low. Some don't even understand that if Bitcoin will be an even bigger success than now, it will be even farther than now from what it was 10 years ago (as privacy - KYC, as hacks, as technology - see LN for example). Plus the war and a (bad ass) blizzard can still drop the hash rate significantly in 2023!

So bitcoin is still fair to be seen as a risky investment. Riskier than some others (like buying a house and renting it out, for example). Better than some others (imho bitcoin is less risky than many stocks!).

Altcoins, omg, yes, much, much riskier. But pure gamble? No, I wouldn't call them that. I would call 95%+ of them scam, simply because their sole use is to get money flowing for no good reason. Then there are the actual altcoins that may worth attention. Now and then they have good gains even vs bitcoin. Now and then they fall badly. A skilled trader or even investor can earn nicely. Some are strong projects that even worth more support. But gamble? A beginner, probably he can see them as a gamble and they will most probably lose in that. For somebody with enough experience it can be.. just a higher level of risk.

So if one wants to go that route.. it needs years of research before the first move is made. Clearly at that point one is no longer beginner. Before that... yes, avoid.
913  Bitcoin / Press / Re: [2023-03-01] Forbes - The Nigerian Election And Naira Crisis Are Fueling Bitcoin on: March 03, 2023, 10:30:23 PM
Because of this deterioration in the Nigerian naira and the high demand, especially by young people, to buy bitcoin, the price of bitcoin in Nigeria has risen to about 38,000$, as I read in some news several days ago.

From what I've read, that's not quite true. I think that was/is a result of converting BTC Naira price into USD at the "official", inflated rate.
Quick search: official rate: 1 USD = 461 NGN; and the "black market" rate: 1 USD = 755 NGN (source)

This makes sense, and essentially means it's not so much that BTC is appreciating in price, but Naira is worth much less than officially declared.

You're right. The newspapers have greatly fueled this misconception, but it was debunked nicely on bitcointalk, see:
Misconception of selling at premium in Nigeria

Basically the BTC-USD parity is the normal one, just the USD price/rate in Naira is much bigger on the street than what's in the official papers.
So the premium is not on Bitcoin itself, it's actually on USD, if we can say so.
914  Bitcoin / Hardware wallets / Re: Best and Secure HWW ( Hardwarewallet ) on: March 03, 2023, 10:19:33 PM
What would be your first 3 choices?

I don't care about cost or user interface, it's all about security, trust and transparency.

I was planning to use 3 different providers for my 2 of 3 multisig wallet.
I would not like to rely on a provider .... you never know these days.

Which 3 providers would you choose if you had a very very high amount in bitcoin, like a whale

I don't know if this can be done for multisig (no experience, but I don't see why not) but I'd go for more than only standard hardware wallets.
Coldcard is a top choice.
I'd add Trezor or Ledger because of the sheer number of items sold.
And, as something that's not a standard hardware wallet, I'd add either an airgapped cold storage (worse case scenario an USB stick with Tails OS and Electrum) either a SeedSigner device.


But as I said, I don't have enough experience. I have a cheap Ledger, but no multisig. I'm too far from being a whale Smiley
915  Other / Meta / Re: Reducing website load when you want to login to your Bitcointalk account. on: March 03, 2023, 09:23:06 PM
 Greetings,
The idea is approximately ot reduce of BitcoinTalk account load in term of space and speed ⏩  on the server and also by implementing the idea will help to save space, money and increase the website load time.
ldeawhile searching for some topic we found many post related to "Banned/Block" user who are no longer part of this forum, and deleting the banned user data/record will save a lot of space and also reduce the record per search term. This will also there will be fewer record in the Database and the query will be expected fast.
Note÷ you can create a backup of files in case ones may need it in the future.

Some things I'd say to this:
* I think that some (many!) of those posts are supposed to stay. Else the user would be nuked (and then his posts are indeed deleted) instead of banned.
* By your logic, if somebody is banned by mistake and gets reinstated, a revert or some sort of merge would be needed. Unpleasant.
* I'm far from certain that removing those posts would bring so much of a speed increase: I expect users table and posts table be separated.
* Sooner or later we should migrate to new forum software, so drastic changes are expected to not happen here. But sadly this takes much longer than most have expected.
916  Economy / Speculation / Re: BTC Sentiment Poll for March on: March 03, 2023, 09:14:35 PM
I think that Q1, most of Q2 and maybe some of Q4 of this year are supposed to be bullish. But it's more a hunch than something based on hard facts.
Also the latest FUD attempts here and there looked more desperate than ever.
So yes, I think that March will end up positive. There's plenty of time to see the price rising again.
917  Bitcoin / Bitcoin Discussion / Re: Bitcoin and education on: March 03, 2023, 08:38:00 PM
My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

Investing is rather easy and, as long as one has money he can lose (or keep locked for long time) he can invest. Historically, if one kept his investment untouched for long enough, ended up in profit.

Trading is difficult and even high education may not cover it. Certain skills (coolness) are also required. So, like some others, I'll also advise you be careful and think twice before you go with trading - or just simply avoid it. To be clear: for short periods of time one can easily get lucky and end up on profit; on long term, if not skilled enough, will lose.
918  Economy / Scam Accusations / Re: Doing some work for Saxydev, Earned $90 but Never received the Payment.  on: March 03, 2023, 08:24:54 PM
I am truly sorry for him.

I'm not. I've reported that for trolling, because, although he might have been drunk or high when he has done that, it's not even funny and .. it's still trolling.
However, I know that trolling is more often ignored than getting handled, but we'll see...
919  Bitcoin / Bitcoin Technical Support / Re: Changing a word of a seed. Will it break safety? on: March 03, 2023, 08:03:10 PM
I have a question regarding the creation of the seed. I already have a seed of 24 words. From this one I would like to change one of the words using a dice or coin to make it random, and thus create a new seed, in doing so it will also change the 24th word checksum.
My doubt is, will that change break dangerously the randomness and security of the process? Is this as safe as creating a new seed completely? Would it be safe to create different seeds just by changing one particular word?
I appreciate your comments.

As said, you cannot change like that one of the words. What you can do is to add passphrase to the wallet = one or more words separately from what the hardware wallet gives.
But I think that the hardware wallet has to support that. My Ledger HW supports it.

However:
1. The common procedure is that the passphrase should be stored differently from the seed.
2. Because of (1) there's a high chance you'll lose or forget about the passphrase and since the wallet from only the seed is also valid (but with different addresses) you may think at some point in the future that either your coins got stolen, either you wrote down the wrong seed.

All in all there are benefits and risks too in using it, however, it can help you if you thing that the seed provided by the HW is - for some odd reason - not safe enough.
920  Economy / Games and rounds / Re: SINBAD.IO Mixer March Bitcoin Price Prediction Challenge on: March 03, 2023, 07:39:55 PM
Prediction 1: $26,320.23
bech32 address: bc1qeuvhugrlu8g34e8wl3s8dtm2k8mjf0khvqxmaf
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