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901  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2023, 04:10:16 PM
Don't you feel tired, bro? Don't you feel bored that you keep posting for years and no one gives a shit?
~snip~

If you're tired of reading such things, why don't you just click on ignore that user and in the future you won't see such posts at all? Otherwise, such things were reserved for our biggest troll @proudhon, and if you ever get bored, read one of his posts Wink

Otherwise, when it comes to China, maybe the two have something in common Smiley

902  Other / Archival / Re: Wearing Bitcoin Clothing in Public on: November 29, 2023, 03:46:16 PM
I think that it used to be an interesting idea, of course at the time when the price of BTC was a few hundred $ and when people did not pay attention to such things, but today such dressing can have very bad consequences for every "Bitcoin promoter". However, I think that the "danger level" largely depends on the country where one lives, because in some countries people usually mind their own business and don't pay too much attention to what someone has on their shirt, and in some other countries people would do crazy things for $50.

In the end, I can't help but wonder why anyone would want to have a BTC logo on their t-shirt or jacket at all - it is a decentralized digital cryptocurrency that can be promoted in much simpler (safer) ways.
903  Bitcoin / Bitcoin Discussion / Re: SEC delays $1.5 trillion asset manager Franklin Templeton BitcoinETF application on: November 29, 2023, 03:27:19 PM
~snip~
I don't care about it because I believe Bitcoin will have its bull run without Bitcoin Spot ETFs.


There are few who will not agree with that statement, but there are also many who believe that it would be much better if the approval of the ETF was combined with the halving effect and thus finally fulfill the dreams of many who are waiting for the price to reach six-digit numbers. Luxury houses, Lambos and yachts with, of course, the inevitable early retirement with the opportunity to show the middle finger to their employer and the authorities Cheesy



~snip~
Gensler could easily still just refuse to give in and keep delaying and rejecting for his last 3 years in office.[/b
] Hopefully he breaks and we get ETF applications approved at some point next year to coincide with the bull market, but that is by no means guaranteed as people for some reason assume it is.[/size]

I was convinced that he was somewhere near the end of his mandate, but I just checked now and saw the information that the Senate appointed him until 2026, and maybe they will appoint him even after that (if there is no limitation). However, I think that regardless of his views, he is not the one who makes the decision, but it is still someone in a much higher position.

Lobbying in the US has been brought to perfection, and it is more than obvious that someone else needs to be convinced, not just old Gary.
904  Bitcoin / Bitcoin Discussion / Re: SEC delays $1.5 trillion asset manager Franklin Templeton BitcoinETF application on: November 29, 2023, 11:39:08 AM
~snip~
Isn't it? It seems like a new gold rush. These big brokers are expecting a huge amount of investment from the market for Bitcoin ETF.

Expectations and assumptions can often be a very slippery slope, especially when it comes to something that basically did not result in any great interest in other countries where spot BTC ETF has been available for some time. Everyone is betting that the same thing in the US will be something completely different, but will it really be like that?

Not sure why the investors are not opting for actual Bitcoin which is very easy to buy from open market.

For the reason that they are already used to trading through ETFs, and because they do not have to directly buy, store and worry about the safety of their assets. When you look at all the ETFs that BlackRock has in one place, then all those who are their clients just want one more ETF in the series where they can trade with one click of their mouse.
905  Bitcoin / Bitcoin Technical Support / Re: Please Help! Unconfirmed BTC TX on: November 29, 2023, 11:03:14 AM
@Ultegra134, you shouldn't be getting into discussions with that Faketoshi troll who uses every opportunity to promote something that sinks deeper every day. As for the OP and his problem, maybe he won't need a transaction accelerator because the mempool is slowly emptying, and maybe his transaction will be confirmed in the next 2-3 days. If he waited 3 weeks, maybe he should wait another 3 days, but if he has $20 to pay for acceleration, it will definitely not be an expensive lesson to be a little more careful with the services he will use in the future.
906  Bitcoin / Wallet software / Re: Mempool fees and Solutions on: November 29, 2023, 10:31:35 AM
~snip~
Is there a way to know if the ordinals traffic will be low in the coming days and the mempool fee will decrease?


Perhaps it is best to follow what is happening with mempool, and if the number of unconfirmed transactions starts to decrease (as is the case now), we can assume that the fees will start to decrease in the coming days. We currently have about 163 000 transactions that are in the range of 1-24 sats/vB out of a total of 183 000 unconfirmed transactions, while the fee for high priority is about 30 sats/vB.

If there is no new ordinal madness, it is realistic to expect that soon the mempool will start to be cleaned of transactions that pay less than 25 sats/vB, which is exactly what is happening.
907  Bitcoin / Bitcoin Discussion / Re: Germany's fourth largest bank "Commerzbank" Granted Bitcoin Custody Licence. on: November 29, 2023, 10:19:11 AM
By doing this the German central bank has essentially legitimised Bitcoin. It means
that those people who either have been oblivious or skeptical towards Bitcoin have been
convinced that actually Bitcoin is legit.
~snip~


But isn't Bitcoin already legit in Germany and most other countries of the European Union, given that it can be traded, paid for and there is a clear regulation regarding taxes? It sounds a bit paradoxical that someone should think that Bitcoin is legal just because some central bank thinks so, especially if we know that they are only interested in how to make a profit, even if it meant that they would try to sell holy water to the devil himself.

Although from the point of view of an ordinary person, everything that is approved in some way by the authorities (banks) for the majority means that it is good and legal. Time will tell how positive (or negative) the banks will be for Bitcoin in the end, but I personally do not have a positive opinion that it is a winning combination in the long term.
908  Other / Meta / Re: Has Bitcointalk lost it's appeal for projects to announce themselves on? on: November 29, 2023, 09:22:03 AM
Observed lately that not many crypto projects announce themselves on bitcointalk these days. Currently successful projects like Ethereum, MANA, AAVE (back then ETHLEND), NEM have anns here, but as years passed we see projects stopped bothering with bitcointalk.

If these are the projects you mention, then there is no harm to the forum, considering the reputation of most of these "crypto projects" which mostly only contribute to the fact that the average person gets a very distorted image of Bitcoin. In fact, the less they are promoted here, the better for the forum's reputation and even better for all those desperate people who serve as cheap (or even free) labor in their bounty campaigns.

What do you think is the reason? Has bitcointalk lost it's charm?

If you have a legitimate project that you want to advertise and promote, then this is definitely not the case. However, I think that forums as such are increasingly losing their charm, considering that new generations want something else like FB, Telegram and similar things. But in the end, as I already said, it is not a bad thing for the forum.
909  Economy / Scam Accusations / Re: Scam or not ? Transer funds Require Top up on: November 28, 2023, 04:10:52 PM
is there a place where i can report this website ?

In addition to the suggestions you have already received, you can also report the fraud to the police in your country. Regardless of the fact that the amount may not be significant for you, who knows how many other people have been scammed from the same website.

If the scammers are stupid or careless, that stablecoin has one drawback, which is that it can be frozen on demand, so that possibility should not be dismissed.
910  Bitcoin / Bitcoin Discussion / Re: Check if you have any rare satoshi on: November 28, 2023, 03:28:24 PM
For curiosity, use it is acceptable but use it with Tor connection. Security wise.
~snip~

That site doesn't seem to be very privacy friendly when it comes to Tor, at least as far as I'm concerned it refuses to connect because it can't pass the CF check.



I just discovered this nice web site which lets you know if you hold any rare satoshi
---
Do you have anything ?  Grin

I don't even know where to start with such a check, and somehow it doesn't seem logical to me (for the sake of privacy) to enter my addresses or transactions in that site. I have to admit that there are some really smart people who sell literally what should be worthless for a real fortune - but I wonder who are the people who are willing to pay for something like that?

Even if I have some hidden treasure, I'll leave it buried for now Wink
911  Other / Beginners & Help / Re: How can about this forum??? on: November 28, 2023, 03:00:19 PM
@NotATether, he knows well about the altcoins board, and that's not the reason why he asked his question here - I think I explained quite well what his problem was in my previous post.

912  Bitcoin / Bitcoin Discussion / Re: The Authorities Are Not Smart Enough to Do This on: November 28, 2023, 02:36:51 PM
The two strategies, in my estimation, for dealing with Bitcoin are to fix fiat currency and, second, to promote an approach of ignoring Bitcoin rather than attacking it. In the first strategy, all the authorities need to do is to address the issues facing traditional fiat currencies. I bet if they can do this successfully, individuals will be less motivated to seek alternatives like investing in Bitcoin.

Do you think it is even possible to fix fiat currencies in the way you imagine? If the criterion you are talking about is only a bad/weak national currency, then how do you explain all those who invest in Bitcoin in countries like the US or the EU - unless their currencies are also bad like your national currency?

The problem of your country is not actually what the majority thinks, it is the corrupt and incompetent politicians who create an atmosphere of financial instability and a bad economic environment. This leads people to look for some kind of alternative, but not in the sense that you are trying to fix the financial or political system, but that you are trying to make a financial profit for yourself by investing in Bitcoin.

In the second approach, by simply ignoring Bitcoin or avoiding direct confrontation through over-regulation or restriction of its use, Bitcoin would just remain in a corner and not emerge as a significant threat to the financial systems.
~snip~


I don't see that Bitcoin is a threat to the financial system anywhere in the world, especially not as a decentralized currency considering that most people use it exclusively as an investment to make a profit, so I wonder where the danger is for fiat and any central bank? The biggest danger for bankers and their servants (politicians) are the so-called stablecoins. If most of the powerful countries of the world were to unite in causing serious damage to Bitcoin, all they would have to do is ban all CEX and declare all transactions illegal.

While noting stablecoins are trying to fix those issues and could drive added innovation in payments, they "pose serious risks," Lagarde said. "Using stablecoins as a store of value could trigger a large shift of bank deposits to stablecoins, which may have an impact on banks' operations and the transmission of monetary policy," the ECB head added.
913  Other / Beginners & Help / Re: How can about this forum??? on: November 28, 2023, 11:56:45 AM
The OP definitely became a member of the forum because someone told him that he could work here, and when you do something and don't earn anything, it's quite logical to ask yourself "what exactly am I doing here?"

In cases like this, any help is welcome, but I wonder if the OP can even understand the concept of a forum as a place for discussion and exchange of ideas and opinions with the additional possibility of earning something along the way. He is not the first nor the last to fall into this kind of trap and he can definitely get out of it if he wants to - he just needs to understand that he should not waste time on things where he will not learn anything, let alone earn.



All this under the assumption that this is not another in a series of alt accounts that asks a question, and then gives answers to itself in the hope that it will collect some merits.
914  Economy / Economics / Re: You are the product. Corporations spying on us deeper than we thought? on: November 28, 2023, 11:29:56 AM
~snip~ 

We know that many privacy-conscious people cover the cameras on their personal computers in fear that someone will spy on them that way, and maybe it's time to start covering the microphone on our smartphones when we're not using them for calls. Although I wonder to what extent it would be useful considering that we are spied on even when we use such devices to talk to someone, which is actually the main purpose of mobile phones.

As someone has already written, if we want to be a part of modern digital civilization, we obviously have to pay a price for it, and that means accepting that we are spied on not only by smartphones, but by most other devices such as computers, smart TVs and any device that has internet access .

The lesson of the story is to be careful what we say, even when we are alone in our four walls, because someone is always listening.
915  Other / Meta / Re: Can a merit source re-start Ratimov merit threads. on: November 28, 2023, 11:01:00 AM
Recently I observed that symmetric, formerly known as Ratimov fell out of love with some of the forum activities. I do not know why because he didn't make any thread to why.

You still haven't learned that the forum is much bigger than the few boards you mostly visit? The reason you are looking for is in the Reputation board.

~snip~
The reason for this thread is plead with any merit source to re-start a similar thread. I have seen some merit sources who say they don't exhaust their merit allocation. Such a thread could help ease their merit distribution stress and also serve as a reference point where other merit sources could look into to spray some merits.


I have never considered this a desirable way of distributing merits, although I understand that some members simply remain out of reach of most merit sources because they reduce their activities mainly to boards that are full of spam and megathreads. Maybe all those who so eagerly want merits should change their strategy a little, and not look for their "success" in an easy way.
916  Economy / Speculation / Re: Should I still hold the investment or sell it? on: November 28, 2023, 10:40:01 AM
That really be the best decision he could do since if he keep holding it for sure he gain a lot of pressure due to price changes happen. So he should experience to sell it first then try to monitor on how the market move after that so he can get an idea and learn from the action he made.

The point is precisely that the OP claims to have known about Bitcoin for a very long time, but obviously still has great doubts, not to mention the fact that he does not know how to assess the time we are currently in. No one can claim that the price of BTC will not be 5% or maybe 15% lower in 2 or 3 months than it is today, but the fact is that we are at the very end of a bear market and anyone who sells today may not get the opportunity to buy BTC for $25k like the OP did.

The three attitudes you mention is really a bad combination since it can make people not to think more clearer regarding on what price they want to take their profit since what came up on their mind is how they can earn more in ongoing good tracks of the market that's why they will hold more and stressed their selves on things they don't understand.  Maybe best for them to keep their money in the bank for safety if they are not prepared, but its also good if they try the risk so that they can able to experience the worst and bad situations on the market.

It is not only a question of profit, but also that these people are actually harming their health because they are constantly under stress and fear that they will lose their investment because they have invested much more than they can afford to lose. It's hard for me to understand what's in these people's heads when they put everything they have on the line and then hope for a miracle, and as soon as the price drops a little, they immediately sell and think that it's something positive that they sold with a small loss.
917  Economy / Speculation / Re: Bitcoin Illiquid Supply Hits An All-Time High on: November 27, 2023, 03:51:55 PM
~snip~
I vividly recall the November 2022 FTX crisis when Bitcoin's price plummeted, critics predicted its demise, and the media celebrated prematurely.


Do you remember what happened before that, that is, didn't we have another crisis that was actually the beginning and cause of the BTC price losing more than 50% of its value? Do Kwon started and Bankman finished, and millions who trusted them lost tens of billions of $.

Yet, none of this affected Bitcoin holders.They held firm and even increased their holdings over the next year.

I would not agree, because many lost a lot of money due to the above, and due to the economic crisis, many were forced to sell what they had kept for a long time. I think I won't be wrong if I say that the biggest holders are some very powerful people who have millions of BTC in their possession, and they can afford not to sell for a very long time.

The lesson is clear
Conviction matters. Accumulating and holding onto a scarce asset, regardless of volatility, can yield rewards. Looking ahead, with factors like the halving, potential policy changes, and a potential Bitcoin ETF approval, the next 18-24 months promise excitement. The world is slowly realizing the power of a dedicated group accumulating a scarce asset. it's an intriguing time for Bitcoin. Cheers to what lies ahead.  Cheesy


I would agree that a lot of excitement awaits us in the next two years, and although we all hope for positive surprises, let's not forget about black swans, because they appear when you least expect them. As for the world and their understanding, if they haven't understood from 2009 until today, it is unlikely that they will understand in the near future.
918  Economy / Economics / Re: Cryptocurrency is the second most popular investment in "France" on: November 27, 2023, 03:31:05 PM
@m2017, every research should be taken with a grain of salt, because the results of such research can be bad due to the bad methodology used, but as we have often seen in the past research can sometimes be done to encourage people's interest in something, and in this particular case case to encourage people to invest in cryptocurrencies.

It is not difficult to conclude who profits the most from such "research", and if we were to take an average of people who own cryptocurrencies in them, we would come to the conclusion that at least 10% of people in the world own them. To me, the figure of 800 million people seems quite exaggerated at the moment, of course, especially if we are talking about Bitcoin, where a realistic figure that many agree on is about 2% of the total population.
919  Economy / Exchanges / Re: $86m+ stolen from HECO bridge. ANOTHER Justin Sun service HACKED on: November 27, 2023, 11:44:50 AM
So someone would be able to steal millions in crypto but not competent enough to cover their tracks?
I think this might be a bluff from Sun's part.
~snip~

It was also suspicious to me from the beginning, and now that the hacking continues, we can rightly wonder who is actually hacking whom and for what reason. I put forward the thesis that it might be a way to launder money, and now that I see that hackers are "rewarded" with $10 million to return what they stole, there is definitely something wrong with that story.

Does Justin have any other services that haven't been hacked yet?
920  Economy / Speculation / Re: Should I still hold the investment or sell it? on: November 27, 2023, 11:34:52 AM
I have known about Bitcoin since long time ago and I have been interested in Bitcoin ever since.
---
When the price of Bitcoin reached $38K I thought I would sell my investment but I didn't sell my investment yet hoping for something better. Thinking whether to sell the investment or not I thought I should share the matter in the forum and I will get the best solution from the forum that's why I am sharing the matter in the forum whether I should hold on to my investment or sell it now.  
I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.


Regardless of the fact that this is a Bitcoin forum, I will say that maybe you should sell because you obviously do not feel comfortable investing your savings in Bitcoin, regardless of the fact that you claim to have known about Bitcoin for a long time. The fact is that in such a long time (no matter how long it really was) you still have doubts that surely stem from the fact that you believe more in the propaganda of the mainstream media than in the facts.

I can conclude that ignorance, doubt and greed are a very bad combination in any investment, and in that case I suggest to everyone that they prefer to keep their money in the bank, or to buy government bonds or something similar - the profit there is not great, but you still sleep much more peaceful.
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