I saw the video on youtube.
Am i the only one thinking this is weird as F ? especially them not showing the unlocking of the wallet or anything ?

Sad that I question everything I guess but there's so many fake videos.

They say what gets them votes, how can you even believe those democrats ? they lie all day.

Never back away from a good investment because the price is high, the good thing with Bitcoin is that you can buy fractions.
What you need is a strategy, it can be DCA, it can be one shots, you will have to find what suits you depending on your means and what you want for the future.

Do you believe in it ? I do and I don't even look at the price anymore.

""So how do we add emotion?""

I know a woman who just started Bitcoin and I can tell you emotions is not what you want in crypto !
She went a little mad and had some kind of mental breakdown because she was only thinking about it and became desperate when the price was going down and pure FOMO when it was going up.
She still calls me whenever the price pumps or dumps and asks me what to do ?!

You need to be cold as F when playing with money.

Just be patient and try to check every few days on mempool

Ty for all these links, very handy !

Hey BitcoinTalk Community,

Today I saw fees were pretty low so I decided to consolidate all my UTXOs, then I talked about it to 2 friends who didn't even know this was a thing so here is a post about it

Are you actively involved in dollar-cost averaging (DCA) to build your Bitcoin holdings over time? If so, it's essential to understand the concept of consolidation and how it can benefit your overall Bitcoin strategy.

So, what exactly is consolidation?

Consolidation in the world of Bitcoin refers to the process of combining multiple smaller inputs (Bitcoin transactions) into a single larger input within your wallet. This means taking those scattered dust-sized fractions of Bitcoin and amalgamating them into more manageable, larger units.

Now, why is consolidation important, particularly for those employing DCA strategies?

Reduced Transaction Fees: As you accumulate Bitcoin through regular purchases or earnings, your wallet can become cluttered with numerous small inputs. When you eventually decide to spend or transfer Bitcoin, each input incurs its own transaction fee. Consolidating these inputs into larger ones reduces the number of inputs, thus decreasing transaction fees when you send Bitcoin.

Improved Transaction Efficiency: Consolidation streamlines the management of your Bitcoin holdings. With fewer inputs to track and manage, your wallet becomes more organized and easier to navigate. This can be particularly beneficial for those actively trading or sending Bitcoin frequently.

Enhanced Security: Consolidating your Bitcoin holdings can also improve security. With fewer inputs, there are fewer transaction details to manage, reducing the risk of errors or oversights that could compromise the security of your funds.

Optimized UTXO Set: Unspent Transaction Outputs (UTXOs) play a crucial role in Bitcoin transactions. By consolidating your inputs, you can optimize your UTXO set, potentially improving the efficiency and speed of future transactions.

If you're regularly accumulating Bitcoin through dollar-cost averaging, consolidation should be a key part of your strategy. It allows you to maximize the efficiency of your transactions, reduce costs, and enhance the overall management of your Bitcoin holdings.

However, it's essential to approach consolidation thoughtfully. Consider the costs associated with consolidation transactions, such as network fees, and weigh them against the potential savings in transaction fees over time. Additionally, be mindful of the privacy implications, as consolidation can reveal the connection between multiple inputs.

In summary, consolidation is a valuable tool for optimizing your Bitcoin holdings, especially for those employing dollar-cost averaging strategies. By consolidating your inputs, you can streamline your transactions, reduce fees, and enhance the security and efficiency of your Bitcoin wallet.

What are your thoughts on consolidation? Have you integrated it into your Bitcoin strategy? Share your experiences and insights below!

Happy hodling,

BTC

As03

I was there first to try to make money, failed miserably and now I'm enjoying the tech and learning about its mechanics ( having my node etc )

Le problème est ce qu'on en fait, des pixels ça sert à rien, par contre pour en faire des tickets inviolables ou des preuves de propriété c'est très intéressant je trouve !

I would but electricity is too expensive in my country.

You can have fun with a "lottery miner" like bitaxe though to understand mining things but forget about mining unless you go big with low elecricity cost.

Also read stickies, they are meant for these kind of questions...

If the price of Bitcoin dumps, shouldn't we get lower fees ?
Even if it goes up for a few more months or even years who knows, there's a point where we will get small tx fees.

I agree with you, never advertise you have anything, we live in a world where people kill for a cigarette...
People who want to know will do their research.

Bitcoin has a way of making people mad I think, it's so powerfull one might become obsessed with it.

As said before you have plenty of things in life to do to become "happy".

It's a good goal to have some but is it really that important ?!

Bull run def ( by cambridge dictionnary ) : a time when the prices of most shares are rising.

So yeah I'd say yes since we've been on the uptrend for a year

Anyway, noone knows shit about fuck when it's prediction time !

Hello Prepper33,

you can follow this guide :

https://bitcoin.org/en/full-node#port-forwarding

Ok so I guess that's pretty much what I do so it's fine ( its an other pc just running the node, I'm not doing anything else on it )

I have to work on storage encryption and could you please explain your last point ?

Thanks !!
The best post I have ever seen on recovery !

Thanks a lot again.

I have a bitcoin core full node and also using it as my wallet. Reading you all it seems bad because I'm connected to the internet but I do nothing except running the node.
What would you do ? and can you explain the steps for better security ?

PS : how can malware infect me if I do nothing on this PC/node ?

thank you @nutildah

So it is possible

Hello I wanted to thank you all for this post where I learned many things I didn't know.

There's one thing I'm not sure about :

I read in many places that miners could "choose what transactions they resolve from the mempool" but somebody said quite loudly here that it is impossible ?

what's true and can you explain it ?