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1  Other / Serious discussion / Re: A college degree is no longer a signal of intelligence. on: Today at 11:10:25 AM
A college degree is less important now due to technology & alternative learning options. Intelligence is not solely measured by a degree as it encompasses various skills. Critical thinking, problem solving, creativity & adaptability are examples of intelligence that can be demonstrated through different means.
Yes, I agree with you, gone are those days when education was all a man needs for survival, here in Africa we were meant to understand that going to school and getting the degrees and certificates was for our future, as we can use it to get well paid jobs (Government or private) in other to earn a living, but as we grew up and faced life proper we were meant to understand that survival was about 30%  of your degree and 70% of what you can do with your hands, like a skill,
Most persons studied hard to know, while some studied to pass exams, the ones that studied to know actually knew and those that studied to pass exams, they actually passed the exams but forgot what they read after the exams,   most first class students can't use their intelligence to real life issues, they are only good at reading for exams and getting good grades.

Your opinion is the same as the statement from the Indonesian Ministry of Education and Culture, which states "Higher education is only a tertiary education requirement or is not mandatory".  On the other hand, the government requires that to become an ASN in the government or BUMN, college graduates are required. And in the 1945 Constitution, Article 31 states that every citizen has the right to education. This confirms that it is the state's right and obligation to ensure access to adequate education for all citizens. So in my opinion, higher education for citizens is very necessary to create a developed country.
2  Bitcoin / Mining / Re: Solar Panel Considerations on: May 28, 2024, 06:03:54 PM
It is best to have enough space for 16 panels, since if we assume that each panel produces 265 W, the total capacity is 4,240 kW.
The following table shows you the profitability of mining hardware https://www.asicminervalue.com

Options that generate profits, such as Bitmain Antminer KS5 (20Th), Bitmain Antminer KS3 (9.4Th), and IceRiver KS3, all require averages higher than 3200W, so you may not have enough to charge the battery.
You can increase the number of panels, but the space will be governed by the equation 165 W per 1 m2 and cost.

You have the cost of purchasing the panels.
The extra space.
Battery costs.
Purchase mining equipment.
Insulation and electrical circuits.
You should calculate your profits well, assuming that the price of Bitcoin is around $60,000, so that you will achieve profits as long as the price is higher than this price.



Of course OP has thought about all the costs that will definitely be incurred, because OP has considered his choice in using solar panels, namely in terms of materials, but what must be considered in the area where solar panels will be used is whether the intensity of sunlight is sufficient? because the higher the intensity, the more energy the solar panels can produce so that energy production can be stable.
3  Other / Serious discussion / Re: What has football taught you ? on: May 28, 2024, 05:16:54 PM
The world of football has provided a lot of meaning and lessons in my life, including in the game of football, cooperation between players to achieve the same goal, this has taught me the importance of working together in everyday life, both in family, school and at work. .
Then good communication between players is very important, so I feel that in everyday life effective communication can help build healthy relationships and prevent misunderstandings. In all sports, of course there are rules, in soccer, players need to follow the rules of the game and carry out tactics with discipline. This taught me the importance of having discipline in everyday life, such as keeping time, respecting the rules and being responsible.

And in every branch of sport, there are bound to be winners or losers, as well as in soccer games, sometimes teams lose or players make mistakes. I can take a lesson from this understanding, namely that it is important to learn from failure, overcome obstacles, get up and keep fighting.
4  Economy / Trading Discussion / Re: Take Profits! Its important! on: May 28, 2024, 04:35:03 PM
I believed being greed is more important to avoid profit loss, that proven because those old days I never had that mindset. My confidence was out breaking thinking that I wouldn't experience any problem with my holdings.
Unfortunately, when bearish came around year 2018--2019 everything went so grey and in fact it gave me a lot of emotional stress which was really hard to cope up.
Well, that's why taking advantage is important. Make sure that you take profits regularly, and have a strategy for rebuying. When you have taken profit, and bearishness occurs, you can buy back, and increase the coins you own.
However, I too have experienced the same thing. Until now, I have changed my view completely, that I chose this decision to make a profit.
Sometimes greed seems to blind our minds to make a profit, even though we have already made a big profit. Everyone must have experienced it, and in the end can only accept what happened, or even experience panic selling, which is even worse. therefore we should have a profit making plan, so that we can control our psychology so that we are not greedy, it is natural for this to happen, because it is basic human nature

I remember the old saying "Greed is the root of all evil." This proverb reminds us that when we are too greedy and obsessed with excessive desires, it can have negative impacts and lead to immoral actions or harm others. It's possible that one day something will happen that is the reciprocal impact of greed that you don't realize has previously wronged other people.
5  Economy / Economics / Re: Inflation and Deflation of Price and Money Supply on: May 28, 2024, 04:16:55 PM
To stay safe from this inflation we need to invest our money in right things like Gold ETF, Share market etc. Investment doesn't only save you from losing the real value of money of its purchasing power, at the same time its's also help economy to grow faster and stronger.

I personally prefer an approach of adjusting my personal financial preferences and needs, for example saving some of our wealth in physical property and this was also done by people before us (our parents before) and this can also be considered as one of the smart steps in mitigating this incident. The bottom line is that properties often increase in value over time.

There is nothing wrong with what you like regarding personal financial needs, however, I strongly support the opinion of investing in gold, because it can protect us from inflationary conditions and gain profits in the short and long term. Then, in terms of risk, perhaps only storage security is a factor when compared with financial matters, which have a higher risk. Please remember that investment decisions are personal and should be based on a good understanding of your individual objectives, risks and preferences.
6  Bitcoin / Project Development / Re: A fully decentralized marketplace on: May 24, 2024, 09:49:06 AM
Greetings,

   Lately, I've been contemplating the feasibility of a fully decentralized marketplace. This marketplace would primarily operate through
   smart contracts, ensuring decentralization and seizure resistance.

   Indeed, all that would be needed to sell and buy on the contract would be the contract' address.
   From that anyone could open its custom frontend access, like an access point.
   So even an 'access point' being taken down, the core of the marketplace would still live somewhere in the wild on the blockchain.

   In the case of physical goods transactions, the contract would encrypt the buyer's home address with the seller's key,
   ensuring that only the buyer and seller could access it.

   To address concerns about scams, sellers could be rated through an upvoting system, and feedback mechanisms could be implemented.

   However, there is one challenge to consider: fees. Any action that involves writing data, such as posting a product for sale or upvoting a seller,
   would incur gas fees. Nevertheless, on blockchains with very low fees, such a decentralized marketplace could still offer significant benefits, in my opinion.

   So i'd like to get your thought and feedbacks of such a market, solely based on smart contracts.  Wink

A fully decentralized market through smart contracts can provide security and decentralization in transactions, it can also provide other benefits, such as high transparency. Every transaction and interaction is publicly visible on the blockchain, reducing the risk of fraud. Apart from that, this market can also provide wider and fairer access for small and medium businesses, because it is not tied to third parties or central authorities. However, the fuel costs for each action need to be considered. Cheesy Do you have any further thoughts on markets like this?
7  Local / Bahasa Indonesia (Indonesian) / Re: Mana yang kamu pilih untuk di beli, btc atau eth? on: May 24, 2024, 09:36:23 AM
Sebentar lagi mau halving, saat ini banyak orang yang membeli crypto termasuk juga saya, tapi dalam ribuan token atau koin, saya memilih membeli btc, bukan eth, jika kamu punya uang, crypto apa yang kamu beli, btc atau eth?

Memilih antara BTC dan ETH tergantung pada tujuan investasi, preferensi pribadi, dan tingkat risiko yang ingin Anda ambil. Saat memilih antara BTC atau ETH, ada beberapa hal yang harus dipertimbangkan. Sementara BTC adalah mata uang digital paling populer dan pertama dengan kapitalisasi pasar yang besar, ETH adalah platform yang lebih dari sekadar mata uang digital. Ethereum memungkinkan Anda membuat aplikasi terdesentralisasi yang dikenal sebagai kontrak pintar. Jika Anda tertarik dengan peluang pertumbuhan ekosistem desentralisasi dan aplikasi blockchain lainnya, Ethereum mungkin menjadi pilihan yang menarik. Namun perlu diingat bahwa investasi dalam mata uang kripto memiliki risiko yang tinggi dan kerugian dapat berubah secara signifikan dalam jangka pendek. Oleh karena itu, sebelum membuat keputusan investasi, disarankan untuk melakukan penelitian menyeluruh dan berkonsultasi dengan ahli keuangan.
8  Economy / Trading Discussion / Re: Tips for local transactions on: May 24, 2024, 09:23:31 AM
This is an old post from 2013. Who is still doing in-person cash transactions and how are you doing them? I have not done an in-person Bitcoin transaction before but I have P2P using Cryptolocally. They also offer a non-custodial escrow service for cash in person. Id be interested to know how you conduct in-person cash transferss now  Cheesy
People are still doing them through so many p2p trading platforms like localbitcoins and localcryptos that will act as their escrows, especially if they are from the same city. Let's say some want to buy Bitcoin in exchange for cash. If you are from the same city, you can open a trade and the Bitcoins go into an escrow. You go meet the person who then gives you the cash, and then you release the Bitcoins

I appreciate your perspective on local transactions using peer-to-peer trading platforms like local bitcoin and local crypto. The utilization of an escrow system in these transactions enhances user security. For instance, if you wish to purchase Bitcoin with cash, you can initiate a trade and place the Bitcoin in escrow. Subsequently, you can arrange a meeting with the buyer and collect the cash payment. Upon receiving the cash, you can release the Bitcoin from escrow. This method facilitates secure and convenient transactions, particularly when both parties are in the same city.
However, I would like to provide an alternative viewpoint. Despite the additional protection offered by the escrow system, there is still a risk of fraud or dishonest transactions. There may be situations where the individuals you meet fail to honor their commitment of providing cash after receiving Bitcoin. Thus, it is crucial to conduct meetings with trustworthy individuals who have a reputable background. Exercise caution and prioritize personal safety when interacting with unfamiliar individuals. It is advisable to select a secure location for meetings and transactions.
Considering these potential drawbacks and implementing appropriate measures is vital in minimizing risks associated with local transactions.
9  Bitcoin / Development & Technical Discussion / Re: Silent payments on: May 24, 2024, 08:48:16 AM
I find this silent payment mechanism to be incredibly intriguing, Through the utilization of the public key issued by user A and its combination with user B's private key, we are able to generate a distinct address exclusively accessible to user A. Consequently, it becomes exceedingly challenging for external observers to establish a connection between said address and user A, thereby ensuring the preservation of privacy.
Furthermore, I have also observed that this silent payment mechanism offers incentives for recipients to maintain the operation of their complete Bitcoin nodes. As a result, the network attains a heightened level of decentralization and security. Additionally, by enhancing the fungibility of Bitcoin transactions, this mechanism significantly contributes to safeguarding our privacy and upholding the integrity of transactions.
10  Bitcoin / Pools / Re: Mining pool success rate on: May 24, 2024, 08:30:13 AM
The word "faster" is probably misleading and wrong to use, it doesn't matter how fast you are, blocks are found once every 10 minutes on average regardless. also, keep in mind that miners are not working on the same block, and there is no such thing as "the next block", every miner is working on a different unique block candidate, a pool that has 20% of the hashrate is very likely to find 20% of the blocks at no exact order, speed or pace.
Let's say the last block that has been mined is block number n. Now all miners (or mining pools) are trying to mine block number n+1 and there's a competition between them for that.
The miner (or a mining pool) that finds a block header which result to a number below the target if it's hashed twice through SHA-256 function wins the competition. This is why I used the word "faster". All miners (or mining pools) try to find a good block header faster than other miners and be the one who broadcast a good block header to the network.

The chance of a mining pool with 40% of the total computation power to win the competition is twice the chance of a mining pool with 20% of the total computation power.
In the long term, it's expected that the the mining pool with 40% of the total computation power mine twice as many blocks as the mining pool with 20% of the total computation power.


Correct me if I am wrong, please.
I know blocks are always mined at the rate of 1 per ~ 10 minutes on average and each mining pool can have their own candidate block.

Although mining pools that have a larger share of computing resources have a greater chance of being successful in the competition, it is not an absolute guarantee that they will consistently outperform mining pools with a smaller share of computing resources. Additionally, as time passes, the distribution of computing power among mining pools may undergo changes. Mining pools with lower computing power can gradually increase their capabilities and impact the allocation of mined blocks. Therefore, although there is a correlation between higher computing power and increased block mining, the results can be influenced by factors such as competition, strategic approaches, and fluctuations in the distribution of computing power. Please correct me if my opinion is also wrong.
11  Bitcoin / Bitcoin Discussion / Re: Forum moderation policy on: May 24, 2024, 04:15:18 AM
~

You make some fair points about netiquette that people should try to follow on forums.  But we also wanna let folks speak freely here as much as we can.  This place aims to give members room to share views openly and debate stuff.  Sure we got some basics in place - cant have anyone harassing others. 

We need to strike the right balance between keeping things respectful but not feeling too strict neither.  People should feel welcome to say their piece, even forcefully, so long as they dont get personal or nasty.  Some arguments gonna happen but we trust members to police themselves mostly.  If things go over the line, mods can step in. 


I agree that everyone can express their opinions freely, as long as it does not contain insults or malicious behavior. It is important that we respect diversity of views and provide space for members to engage in healthy debate. However, there need to be certain boundaries to ensure discussions remain respectful. For example, personal insults or threats directed at others should not be allowed. Additionally, it is important to ensure that moderation is carried out fairly and transparently. Moderators must follow established guidelines and not take sides with certain parties. Transparency is also important so that forum members can see how moderation decisions are made and understand the reasons behind them.
12  Economy / Trading Discussion / Re: Day trading or Long term on: May 24, 2024, 03:59:40 AM
In day trading there are many factors involved and including the risk of losing your cash or trade since you may enter the market at any moment. Actually, it is nice to get into trading, but I don't see much joy in daytrading. I've also listened to a lot of advise on trading and which coins to buy, but I end up losing a lot.

I comprehend that your day trading experience has fallen short of your expectations. As you mentioned, day trading carries the risk of financial loss and the flexibility to enter the market at any given moment. While some individuals find day trading enjoyable, I understand that it doesn't bring you much satisfaction. The crucial aspect is to derive insights from your experience and evaluate the factors that may have contributed to such a significant loss. It is possible that there were flaws in your strategy or a lack of comprehension of the market that need to be addressed. Moreover, maintaining realistic expectations in trading is vital. Not every trade yields profits, and losses are an inherent part of the learning process.
13  Other / Serious discussion / Re: Dethrone the Dollar on: May 24, 2024, 03:41:25 AM
The battle cry many coiners use.
Trade is easier when using one currency.
Most people like the $ especially the living not in the US. For people with feeble currencies the $ is a safeguard for their value.

US based financial institutions cry and that although they are directly responsible for the wish to use a different system than swift.
Coins like Litecoin, Dash, BCH could fill in that spot. But none of them is doing anything in that regard.
I wonder why.

It's a chance for the crypto community


Quote from: The economist
Other potential threats to the dollar still loom. The growth of alternative payment systems, and of transactions that have no need for the dollar, could accelerate, due either to overreach by Western sanctions or network effects from rising membership. Should China’s CIPS be the main beneficiary, the yuan’s fortunes might soar (though capital controls would make foreign central banks wary of relying on it as a reserve currency). For now, even within China, last year was the first in which cross-border payments in yuan edged past those made in the dollar.
Judging by the world’s previous reserve currency—the pound sterling, which declined for decades before being superseded by the dollar—such changes are likely to proceed at a glacial pace. That is, unless the transformations of the global financial system examined in this report are supercharged by a new crisis.

source: https://www.economist.com/special-report/2024/05/03/the-fight-to-dethrone-the-dollar
or alternatively https://archive.is/CC1SZ


Opinions differ when it comes to the utilization of cryptocurrency for transforming the existing financial system. Some individuals contend that cryptocurrency creators are issuing a "call to action" to supplant the current system. Conversely, others maintain that adopting a unified currency would streamline trade. The US Dollar holds a special place in the hearts of many, particularly those residing outside the United States, as it is regarded as a means of safeguarding their wealth. Despite the presence of cryptocurrencies like Litecoin, Dash, and BCH as potential substitutes for the Dollar, none of them have managed to achieve this feat. The reasons behind the failure of cryptocurrencies to replace the Dollar can vary, encompassing factors such as limited adoption rates, significant price fluctuations, and insufficient support from financial institutions and governments.

14  Other / Serious discussion / Re: Marriage: Character or Beauty? on: May 24, 2024, 03:25:36 AM
People who chose beauty over character in marriage mostly battle all sort of issues from one end to another which in turn led to divorce. The true beauty is character, if you posses a good character then you definitely are beautiful. Welcome to my world!

True beauty can't take the position of character they are like night and day going for beauty instead of character is like preferring night instead of day light which may course you allot, character can withstand all forces of life but beauty can't it's a matter of time as it will fade away and everything about beauty will collapsed but character keep standing, many marriage in terms of beauty is a typical example that has collapsed but those with characters stick to the end.

According to research results and personal experience, most people tend to choose beauty over character because there is a universal tendency to choose certain physical characteristics that are considered attractive, such as a symmetrical, healthy face, and the presence of feminine characteristics. In addition, individual preferences also influence how someone sees beauty and attracts a potential partner. However, I really agree with you that rather than beauty, it is better to choose character in a long-term relationship. Having good character will create a strong foundation for mutual support, understanding, and growing together in a relationship. In conclusion, good character is much more valuable and important than just physical appearance in choosing a life partner.
15  Other / Beginners & Help / Re: How active can a newbie be daily? on: May 24, 2024, 02:52:06 AM

My question is what does it mean to be active on the forum,
How many quality Posts can someone make daily before he or she can be considered active on this forum, sorry I ask a lot of questions so u can learn too.



The level of someone's activity is determined by factors such as the policies of the forum and the preferences of its users. However, in general, a beginner is considered active if they can consistently produce multiple high-quality posts each day.
The definition of "high-quality" posts may vary, but the key is to provide valuable and relevant contributions to the community.
As a beginner, it is advisable to start by creating a few posts daily that contain informative questions or helpful responses. This will enable you to actively participate in discussions and learn from other users. Remember, quality takes precedence over quantity. It is better to create a few posts of high value rather than numerous posts that lack substance. Therefore, focus on generating contributions that are useful and pertinent.
16  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Good Crypto Exchanges With Cheap Listing Fees on: May 24, 2024, 02:36:59 AM
Binance has said before that they're good listing a project for free as long as they think that you've got the best project.
How to achieve that? I don't know, maybe make the most impressive project after all and you'll get a free listing from them.
If it's cheap listing, you're likely end up with those exchanges that don't have that much reputation and volume. Increase your budget and you'll get what you're looking for.

It is absolutely true what you say that Binance is known as one of the largest crypto exchanges in the world with daily trading volumes that often reach billions of dollars. There is no fee to register on Binance. Apart from that, I saw from several sources that there is a 25% discount if you use BNB (Binance Coin) to pay the trading fees. then crypto deposits on Binance are free. In terms of security, Binance is very tight and also provides various features and advantages, so it is not wrong that Binance is the right choice for various types of traders, from beginners to experienced ones.

I understand and appreciate your viewpoint. It is indeed crucial to approach decision-making with caution, considering individual needs and preferences. Conducting thorough research, considering personal requirements, and reading reviews from various sources can provide valuable insights to make an informed decision. It's important to remember that while Binance has notable security measures and advantages, it's essential to assess other exchanges as well to find the best fit for your specific trading needs.
17  Economy / Economics / Re: What scares me from investing in gold. on: May 22, 2024, 05:38:18 PM
I understand the point of (OP)'s post, which suggests that buying gold from Costco may not be the most profitable option. This according to the OP is influenced by Costco not offering a buyback option when selling gold, and the fees associated with purchasing gold from Costco are relatively high compared to the fees charged on most crypto exchanges for buying or selling bitcoin. OP also suggests considering other options, like a pawn shop.

Although pawnshops may be an option for selling gold, in my opinion, there are several things to consider before deciding to sell gold to them. First, pawnshops usually offer a selling value that is lower than the actual price of gold on the market.

So, looking for other alternatives may be better if you want to get a higher value for your gold. In addition, on this occasion I advise you to consider selling your gold to a local jeweler or gold dealer. Some jewelry stores may offer better prices than pawn shops, especially if your gold is in good condition and has high aesthetic value.

18  Economy / Economics / Re: If you want to be wealthy you need action on: May 22, 2024, 04:20:13 PM
I completely agree with this statement that if we want to be rich, we need to take action or concrete steps to achieve the goals we want to achieve. Just having a desire is not enough, we need to act by taking action which means doing active things. in business, one of which is investing, starting a business, or improving skills and knowledge to achieve financial success.
If we just hope without doing anything, we will most likely not achieve the desired wealth. Action is the key to achieving success. With a combination of strong desire and directed action, we can embark on the journey to the wealth we desire.
19  Economy / Economics / Re: Canada USA UK and maybe Europe best countries now to become rich on: May 22, 2024, 03:44:50 PM
In my perspective, when discussing the most suitable countries for attaining wealth, it is crucial to consider multiple perspectives. Each nation possesses distinct advantages and opportunities. For instance, the United States boasts robust financial markets and numerous appealing investment prospects. Canada benefits from abundant natural resources and a thriving energy sector. Britain serves as a prominent global financial hub, while European countries like Germany and France showcase advanced industries.

However, it is important to acknowledge that each country also presents its own set of challenges and risks. Factors such as shifts in government policies, market fluctuations, and economic conditions can significantly impact financial opportunities within a particular country.

Therefore, instead of solely focusing on a single country, I would recommend conducting comprehensive research on various markets and investment opportunities across multiple nations. By combining a solid understanding of financial principles with meticulous analysis, one can make more informed decisions in pursuit of wealth and financial prosperity.

20  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Bounty] enterapp | 🚀 $40k worth of Tokens 🚀 Pre-Sale is Live - 0.001$ on: May 20, 2024, 02:39:29 PM
PROOF OF REGISTRATION
Forum Username: junmisakiro
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1114799
Telegram Username: @Jakbedeh
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BSC Wallet Address: 0x577d196dED8cFBC8c25E3Fc32EEDf7b22e818759

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