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June 13, 2024, 01:47:10 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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1  Bitcoin / Bitcoin Discussion / Re: Would it have been possible to mine Bitcoin with cellphone in 2009? on: Today at 08:06:58 AM
Given the difficulty level, and low sophistication of the code, would it have been possible to mine Bitcoin with a cellphone in 2009? Is it possible to fork the blockchain, and make a new version of bitcoin and the bitcoin software that can be mined on a cellphone again? Or at least a low grade CPU?

Nope, at least not in my country as far as I know. Aside the other factors, we can pick out how slow our cellular networks was back then in 2009. And it wasn't like there were a lot of alternatives. Mining required that the miner had very fast internet to be able to link up with the bitcoin network and share its mining data. Therefore, both the type of phones which are not as sophisticated as they are now, and cellular network made it impossible to mine bitcoin then.


2  Economy / Trading Discussion / Persevering Through Crypto Trading Losses on: Today at 05:46:26 AM
Should quitting be an option as a crypto trader with years of experience who just encountered a massive loss because of a few shady characters? Anyone who has been trading long enough would agree that it changes your relationship with money. Trading helps you learn a lot about yourself, your emotions, and your patterns. If you have experienced trading loss in whatever form, do not be discouraged. Rather use it as a motivation to strengthen your resilience  by adapting to a new approach. You already know how it is with the crypto markets, one has to be persistent and allow our hard-earned experience guide us toward future success. I just thought to write this little piece for anyone out there who is going through a difficult time in crypto trading.
3  Other / Beginners & Help / Re: Getting into crypto on: June 12, 2024, 09:30:39 PM
Generally curious how people get into crypto/where they first hear about it. Also, what's a good place to start as a newbie?
Because I find mK4's reply to these kinds of questions pretty simple and straightforward, permit me to quote it here just as I have done in several other topics like this. The reply caters to your personality and the format you are comfortable with for learning. Therefore, whether you enjoy reading, watching videos, or if you want the technical aspect, you have it there too. I hope you find the one that works for you.


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4  Bitcoin / Bitcoin Discussion / Re: What are the benefits of accepting Bitcoin as a method of payment. on: June 12, 2024, 07:25:23 PM
So what is your experience ? We know to benefits of accepting Bitcoin as a payment method do you want to share your experience of using bitcoin as a payment method for an item or commodity because? I love great customer service and I would choose a Fiat only business over a business where Bitcoin is accepted if their customer service is bad. Therefore the benefits of Bitcoin as a payment method which one of it is new customers depends on the service delivery. A shop or business that puts customers first will have new customers while one that doesn't won't have even if they announce having Bitcoin as a payment method.
5  Economy / Gambling discussion / Re: The real winning of gambling is withdrawals on: June 12, 2024, 05:54:17 PM
I struggle with this too not all the time but some of the time and I think that we are not alone in this. One of the ways in which I handled these was by reading similar experiences of gamblers in this forum when they share it. I also applied some of them which has worked out well for me. For example, requesting for withdrawal after a win. And once my request is processing, I log out of the website and go do something else. The outcome is that I don't feel like shit by  gambling again and I don't spend more than on the website than necessary.

6  Bitcoin / Bitcoin Discussion / Re: Parents on childs savings bank accounts are waste of time if not saving on BTC on: June 12, 2024, 03:59:23 PM
storing your value in bitcoin is a good thing, but remember that storing it all in one basket is not recommended.
Point one, parents who want to take this paty should also consider diversifying the investment portfolio of their children. So yes I agree that it is the safest option to take.
 
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parents also need savings in fiat where the value is more stable and parents do not need to worry that the value will drop at any time.

Point two, while I still maintain my stand in the first point I also acknowledge that there are some parents who risk appetite is high and can tolerate the risk involved with Bitcoin volatility. And if the thing they can we can't stop them.

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so if i personally, for my child in the future, i prefer to save some of my money in fiat and also bitcoin, because at least i have a stable asset that i can use anytime i need it and also a bitcoin asset whose value can grow in the future.
Point three, the goal here should not just be about investing in Bitcoin for your kids rather the goal should include teaching your kids financial literacy because if you don't when they come off age, they would simply withdraw the bitcoins and make very poor and uniformed spending decisions.
7  Economy / Gambling discussion / Re: Trading or gambling? on: June 12, 2024, 08:43:53 AM
Trading or gambling?
What advantages do you think sports betting and card games have over trading and investing?
The most notable advantage that gambling has over trading and investment, is it's entertainment and relaxation component. If you do gambling right, you would have fun regardless of the financial risks that is involved. I don't think traders or investors have as much fun as those who play at casinos. They're always on the anxious side, frequently checking the price, reading the news and looking out for FUD and fighting FOMO.  If they are a competing business, then I would say that Gambling Inc.'s competitive advantage over Trading and investment Inc. is the fun and entertainment value that it offers.





8  Economy / Gambling discussion / Re: How to resolve gambling related wallet issues on: June 12, 2024, 07:57:37 AM
Personally, I have used my Binance to receive my money from a casino just once and when I did I never got any notification from them or warning concerning what I did - although that was the only time I did it (not sure if it would have happened on continuous usage).
We have always talked about reading thoroughly the terms and conditions of an online casino before making a deposit or even signing up. I think this is the first time we are looking at it from the body perspective of reading the tens and conditions of an exchange in with regards to their policy on on online gambling. And from the picture it's seems binance has a policy on these as well. It is either they do not enforce it or they just wrote that part because I have received my payout from online casinos to my binance wallet. I don't know about Kucoin but I have also received my payout to my Kucoin wallet too.
9  Economy / Gambling / Re: [Just For Laugh] What kind of advice is this? 😂 🤣 🤣 on: June 12, 2024, 06:49:24 AM
And another reddit user in the form of a comment chipped in an advice which after reading, I was really helpless with laughter 🤣🤣🤣, this is the funniest thing I comment I read on the internet today.
The answer itself is a sarcastic one.

Imagine doing this and living with full blown anxiety disorder for the rest of your life because you always have to watch your back. You'll sleep with one eyes open and definitely underground because no human is truly hidden once a person is determined to find you, even if the person likes let them be hidden somewhere with a native tribe in the amazon rain in South-America, you will be found.

Don't be in debt and try to play smart. The embarrassment and social stigma will be unbearable.
10  Economy / Gambling discussion / Do You Understand Math? on: June 11, 2024, 06:42:59 PM
Who remembers this old line- the lottery is a tax on people who don't understand math. Let's shift from the lottery and talk about gambling. In gambling do you think that your understanding of math would make you better at gambling. Not necessarily by making you hit the jackpot, but in winning moderately, gambling responsibly, and in choosing strategies for games like poker or blackjack, over games of pure chance like slots or roulette? And now, back to the lottery quote, do you agree?
11  Bitcoin / Bitcoin Discussion / Re: Exploring Key Properties and Predicting Price Movements of Cryptocurrency Market on: June 11, 2024, 03:00:18 PM
Having shared this paper which I want to believe you are one of the coal authors, you should have gone further to put your thoughts in bullet points. Yes it is a research, but what do you think about it? Doing so, makes it easier for a non academic who is interested in Bitcoin to understand what you mean in everyday language.
12  Bitcoin / Bitcoin Discussion / Re: Bitcoin has higher market cap than the three biggest banks in the world on: June 11, 2024, 02:50:52 PM
I do hope that people will realize the full the potential of Bitcoin. It has surpassed the combined market cap of these known banks globally and if they value their money, it's not too late to invest in Bitcoin. Everyone is also free to check out that link above about to see what are the other notable and top coporations that has surpassed by Bitcoin in terms of its market capitalization.
This is a great news. Bitcoin adoption is growing worldwide. Individuals are adopting Bitcoin, big financial institutions are adopting Bitcoin, families are adopting Bitcoin and this is because they have seen its future potentials. To keep takeaway for me is that my small efforts in my country to talk about Bitcoin online and offline so as many people who shows the slightest interest in Bitcoin is not in vain. Because it is having a ripple effect worldwide.
13  Economy / Gambling discussion / Re: How were you able to handle a losing streak up to 5 times and above? on: June 11, 2024, 02:35:34 PM
Have you had this experience before, and how were you able to manage/handle it?]
Whenever I have a losing streak I take it as a sign that I have been gambling too much and need to take a break. This break have been so very beneficial because it's kind of brings me back to reality of how much I have lost and how much I will lose if I continue to bet. It also seems as a time for rest and getting a new betting template for myself.
14  Economy / Gambling discussion / Re: Africa Football Discussion || Current Topic: Worldcup qualifiers - CAF. on: June 10, 2024, 11:33:20 PM
What a shock results from super Eagles players after their draw with south Africa few days ago they finally lost to Benin Republic today what a horrible performance from super Eagles, although one thing I always notice about super Eagles players is that anytime that will put our trust on them they normally find it difficult to win but any one that we see as the toughest is that one that they are going to win, however I think they need to improve in this there paterm of playing to avoid another lose again.
Congratulations to Benin Republic on their win. They deserve it. We have been told that it is who wants it bad enough that wins. From their equalizer, anyone can see that it was the fault of the defenders. Where were they when Nwabali needed them. If they hadn't left their positions, the goal keeper would have been so exposed that he had to come out of his post thereby giving their opponent the a chance to strike from that distance.
15  Other / Beginners & Help / Re: Your advice for me as a newbie on: June 10, 2024, 11:20:55 PM
New in the forum? Welcome.
There's so much to learn from the community if you abide by its rules whose link has already been provided by the first user to comment.

My Recommendations
1. Read more than you create topics. If you do, you'll see that most of the newbie questions have already been answered.
2. Use the search button to search for whatever topic about bitcoin comes to mind or anything about the forum. The results will amaze you.
3. In your replies, you may be tempted to pass off someone else's work as your own for reasons best known to you. Please don't. It is called plagiarism. You will be caught and be given a ban.
4. The same goes with artificial intelligent written posts.
16  Bitcoin / Hardware wallets / Re: Blockstream Jade Review on: June 10, 2024, 04:43:01 PM
1. Would you recommend this wallet to store a life savings?
That's a hard question to answer. It depends on how much risk you are willing to take. Also, if your coins are on an exchange or hot software wallet, I would rather have them on a Jade. I will only hold a portion of my bitcoin on it as a way to diversify my portfolio and move more away from Ledger.

2. Is it possible to generate a seed phrase using the dice method on the wallet?
You can if you want to. Jade will allow you to enter 11 or 23 words from your recovery phrase based on your dice rolls and it will automatically calculate the last word.

You can read more about it here if you are interested:
Create a recovery phrase using dice
Dice Generated Recovery Phrase
Okay good.
So I'll spread it instead of having it all in one place. I'll read the resources you have provided dice generated recovery phrase. It's something I have found difficult to understand.
17  Economy / Gambling discussion / Re: ALLinBETS Casino Gaming Platform on: June 10, 2024, 04:39:16 PM

I heard this platform is groundbreaking and combines the excitement of centralized gaming with the trust and transparency of blockchain technology.

Get ready for a gaming experience that’s both thrilling and transparent!

What's next?

✅ Social logins
✅1-click transactions
✅ zero pop-ups

They're removing the hassles and setting the stage for social, interactive, and community-driven gaming.

The future of gaming is not just about playing; it’s about connecting and creating together in a fully decentralized and fair environment.

What's your take on a centralized and decentralized casino platform?
Never heard of this casino. I also expected that there would be a length for members who are curious you know to visit the casino and get full details of what is about but I could not find any. Also if you're running manager in charge of the casino, I believe you need to do a better job of creating a compelling and marketable offer. It should be enticing enough to attract members and encourage them to play at your casino.
18  Economy / Gambling discussion / Re: Casino companies' responsibilities to rehabilitation institutions on: June 10, 2024, 04:25:29 PM
my question is, do casinos need to be charged to carry out csr to rehabilitation centers so that these rehabilitation centers can provide discounts for cases related to gambling addiction? and what about online casinos, how should they carry out csr since they operate globally?
Just as tobacco factories are not charged to carry out CRS to rehabilitation centers or to hospitals for lung cancer patients as they are responsible for the product and not the addiction, so it is with casinos. I'm my estimation, they are under no obligation to carry out any gambling related crs projects. They could even decide that their CRS project would be on planting flowers. The rule is abide by the regulations of the regulating bodies and for what I know, rehabilitation centers or any other CRS projects are not cast in stone.
19  Economy / Gambling discussion / Re: BC.GAME Sending emails with the title, ''Withdrawal Notification'' on: June 10, 2024, 03:53:46 PM
Can’t open the image for unknown reason but can you verify the email if it’s from official bc.game email? I’m active on bc.game but I don’t received this kind of email on my mail even on spam folder.
Here's the image

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They have nothing to gain by doing that kind of cheap trick since they have a lot of active users while this is not a general email since I don’t received even one email containing what you mentioned here.
Disney likely be a genuine mistake if it is the first time the user is receiving such an email. And nothing really to worry about. If he's so worried he could take a screenshot of the email and send to BC game support for confirmation. At least that is what I will do if I receive such an email and I am troubled.
20  Other / Beginners & Help / Re: A humble newbie in need of exploring guidelines. on: June 10, 2024, 03:46:31 PM
So where do i start please?
Because I find mK4's reply to these kinds of questions pretty simple and straightforward, permit me to quote it here. The reply caters to your personality and the format you are comfortable with for learning. Therefore, whether you enjoy reading, watching videos, or if you want the technical aspect, you have it there too. I hope you find the one that works for you.


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