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I recommend getting chess.com. I always play on my phone when waiting for something and i have a bit of time. its good because you're expected to get better over time aswell.
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I don't know if there is a direct relationship between bitcoin self custody and bear markets. If majority of folks don't keep their bitcoin is self custodial wallets, that could mean they are keeping more on CEXs and this can lead to more trading.
However, the supply of bitcoin available on CEXs for trading doesn't denote a bear or bull market. Many more factors are involved.
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Shouldn't that information be private? Or Is it safe to post it on public forum? Unfortunately, couldn't go through it because of the moral problem of going through what is probably someone's private info that should be kept private with or without the owners consent.
Consent should not be taken from people who are ignorant or don't understand what they are consenting to unless you are certain it will never be abused
I appreciate the concern, however i did censor out my username and WIFI SSID fields. The only sensitive information remaining is the password key which is meaningless without any other info. |
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Thank you for your feedback! I've added the link as a source in my comment. I'll pay close attention to have the source present going forward. |
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About every four years, the number of Bitcoins miners receive for each block they mine is cut in half. This reduction in rewards can impact miners significantly, making their operations less profitable. When the next halving occurs, miners will receive even fewer Bitcoins for their work. This could lead to some miners exiting the network, especially if Bitcoin's price doesn't increase. 1. First Halving (November 28, 2012): The first Bitcoin halving happening when the block reward was reduced from 50 BTC to 25 BTC. 2. Second Halving (July 9, 2016): The second halving reduced the block reward from 25 BTC to 12.5 BTC. 3. Third Halving (May 11, 2020): The third halving happened, reducing the block reward from 12.5 BTC to 6.25 BTC. 4. Fourth Halving (expected April 16, 2024): The fourth Bitcoin halving will reduce the block reward from 6.25 BTC to 3.125 BTC. source: https://defichronicles.medium.com/the-halving-effect-what-the-data-tells-us-about-the-next-bull-run-8d42049a5edcHere's a graph from Coindesk showing the overall supply of bitcoin as we approach halving and the subsidy (number of bitcoins minted after each halving)
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The actual reason why the network is congested was posted by DdmrDdmr, As per my Ordinals Dashboard (I’ve just updated it), block 806280 contains 7.292 Ordinals out of the 7.616 TX, occupying 91,6% of the block (see "Weight of Ordinals per Block" on the Dashboard). If you filter the said block on the "OrdinalsOrdinalTx List", you’ll see that they are all similar to this (*): https://ordinals.com/inscription/d9d0920f37c1ba8688a43a4d01943132fe98319bb271e72c4011b7798caf3354i0Ordinals are averaging between 9 and 12 sat/vB per day over the past week which have risen a fair share from the 6 to 7 sat/vB during august, and since they’ve been occupying and average of 40+% of the blocksize over the past few days (it had been in the 20%-30% range for some days previously), I figure this all sums up the current fees, still distant to those that were around some months ago, but still. (*) BRC-20 json files. See: https://trustmachines.co/learn/what-is-brc-20-token-standard/As I said it is a temporary attack, sooner or later we can expect the spam attack to vanish over time. Ah, reading more about this - it has been going on for a while: https://forkast.news/bitcoins-mempool-congestion-ordinals-inscription/ I wonder how much its costing them to occupy 20-30% of the blocksize consistently. Might be a while before we get to pre-February levels. |
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I've been in situations where I often forget my Wi-Fi password as it consists of complex characters and symbols i don't typically use. I recently learned of a way to figure out the wifi password if you happen to have a device connected already and just don't remember it. If you type "netsh wlan show profile WIFISSID key=clear" in your command prompt <- replace the WIFISSID with your Wifi name. It should spit out the wifi password key that is being used. Note: This does not require admin rights! Here's a screenshot of me figuring out my forgotten wifi password. Hope this helps anyone! |
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High usage of the Bitcoin network can be seen as both positive and negative, depending on the context and perspective.
Positive Aspects: High transaction volume can show growing adoption and use of Bitcoin as a means of transferring value and conducting financial transactions. This is showing increased interest and utility in the cryptocurrency.
Negative Aspects: On the downside, a congested mempool with high transaction fees can hinder small-value and everyday transactions, making Bitcoin less practical for microtransactions. It can also lead to slower confirmation times for transactions, which might not be ideal for time-sensitive payments.
I would say anything less than 15sat/vB is considered low fee and if we're able to reach record transactions at a low fee, it's a win in my eyes.
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Thank you for that link of popular blockchain explorer's. I've into into bitcoin since 2014 and notably many of the explorers in that list aren't known to me since I've been away from this for a while. I'll be using Blockchair for checking my future transactions! |
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- Bitcoin is not legal tender, but the genie makes it so that the government has no way and no intention of making any move against it, nobody is banning you from owning, nobody is taxing you, nobody cares about your KYC, AML, taxes, profit, any legal action against anything that involves Bitcoin is impossible and illegal, any seizure impossible as it would break the law, you're as free as one can be. But the price stays forever at $30,000.
No middle way, no trick, no further questions, no this or that, your choice and tell me why this and not that!
I would choose the second option, personally to me, it doesn't matter what the price is. Decentralization is much more important for Bitcoin, this means no single entity has complete control, making it highly resistant to censorship and interference. It's this decentralization that ensures that transactions are transparent, tamper-proof, and trustless, allowing users to send and receive value without relying on intermediaries. This feature is vital for financial inclusivity, privacy, and maintaining the integrity of the Bitcoin network |
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Governments often have issues with Bitcoin for a few key reasons. First, Bitcoin operates outside their control, which makes it harder for them to prevent things like illegal money activities and tax evasion. Also, because Bitcoin transactions don't reveal personal information, it can be tough for the police to track down criminals.
Governments are also worried that Bitcoin might compete with their own money, which could cause problems for their economy. Lastly, because the value of Bitcoin can go up and down a lot, it can be risky for regular people who might lose money. So, governments are thinking about ways to make rules for Bitcoin to protect their citizens and their financial systems.
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There are several reasons why I decided to invest in Bitcoin. I was drawn to the potential for substantial returns on investment. Bitcoin has demonstrated remarkable growth over the years, and its finite supply of 21 million coins has piqued my interest as a store of value. I believe that, over time, its scarcity could drive up its value, making it an appealing asset for long-term investment.
I was also intrigued by the idea of diversifying my investment portfolio. Bitcoin operates independently of traditional financial markets and is not directly influenced by factors like interest rates or inflation. This offers a hedge against economic uncertainties and market fluctuations. By including Bitcoin in my portfolio, I aim to spread risk and reduce my exposure to the volatility of other assets, potentially enhancing the overall stability of my investments.
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You don't need Bitcoin first, What you need is a JOB, work on that first.
Beginners venturing into the world of cryptocurrency, particularly those considering investing in assets like Bitcoin, should make it a priority to secure a stable job and establish a reliable source of income before entering the cryptocurrency market. Several compelling reasons support this prudent approach. Having a stable job and a regular income is crucial for achieving financial stability and security. Cryptocurrencies, Bitcoin in particular, are known for their price volatility, which means their value can experience substantial fluctuations in a short span. Without a dependable source of income, individuals may lack the financial resilience needed to weather the inherent risks and market turbulence associated with cryptocurrencies. It's paramount to ensure that basic financial needs are met before exploring riskier investments. |
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Face unlock can enhance device security but should not be the sole measure for securing Bitcoin or other cryptocurrencies. The effectiveness of face unlock depends on the quality of the facial recognition technology, and even advanced systems can have vulnerabilities. Moreover, the overall security of the device, including a strong passcode or PIN, is crucial in preventing unauthorized access to cryptocurrency holdings.
For greater cryptocurrency security, you should try combining face unlock with additional protective measures such as strong passwords, two-factor authentication, and hardware wallets. The security of the cryptocurrency wallet itself is paramount, and a secure backup and recovery plan should always be in place. The choice of security measures should align with your risk tolerance and the value of the cryptocurrency you're safeguarding, with larger holdings warranting more robust security strategies. Relying solely on face unlock may leave your assets vulnerable to potential risks and threats.
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Cryptocurrencies come in various forms, with differing levels of decentralization. At one end of the spectrum, we have cryptocurrencies like Bitcoin and Ethereum, which are known for their high degree of decentralization. These cryptocurrencies operate on the blockchain youve likely heard of, where transactions are recorded on a global network of nodes. No single entity or organization has absolute control over these networks. Instead, transactions are verified and added to the blockchain by a decentralized network of participants using consensus mechanisms like Proof of Work (PoW) or Proof of Stake (PoS). This decentralization is a key feature of cryptocurrencies like Bitcoin, promoting transparency, security, and resistance to censorship.
On the other hand, some cryptocurrencies are more centralized in nature. These often have a central entity or organization that issues or controls the currency. For example, Ripple's XRP is managed by a company called Ripple Labs, which has a significant level of control over XRP transactions and its supply. Also, stablecoins like USDC or USDT are issued by centralized entities that hold reserves of traditional fiat currency. While these cryptocurrencies offer stability and quick settlement times, they may not provide the same level of decentralization and censorship resistance as Bitcoin or Ethereum.
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any opinion on the price of bitcoin reaching 1 million dollars is pure speculation. it may or may not happen, we will just find out in the future years.
For now don't invest into bitcoin thinking the price will go up.
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Why did the banker switch careers?  Because he lost interest! |
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I've seen amounts written in words like 1BTC 1 BTC but not like BTC1 BTC 1 so that's easy.
I'm asking if the best place for symbol's at the beginning or end of amounts. I've seen both styles. If you're writing amounts where's the best place supposed to be BTC1.23456789 or 1.23456789BTC. Which way do you prefer using the Bitcoin symbol.
I personally prefer before the amount as that's how most of the currencies are listed in fiat aswell! |
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