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321  Bitcoin / Bitcoin Discussion / Re: Do you think Satoshi got rid of his private keys? on: September 30, 2023, 02:16:41 PM
1. He still has the private keys.
If he (assume Satoshi Nakamoto is a male person) is alive, I believe he still has private keys.

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2. He does not have them or cannot access them (this includes his death without leaving them in inheritance).
I don't know he is already dead or just around so I can not say. If he has family, wife and children, with his carefulness, I am sure he would have told them about how to access his wallets like Hal Finney did.

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3. He got rid of them on purpose, as a donation to the rest of Bitcoin holders. Recall his "lost Bitcoin is a donation."
I don't believe he does it because he recommended people should never delete a bitcoin wallet.

Sigh... why delete a wallet instead of moving it aside and keeping the old copy just in case?  You should never delete a wallet.
322  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency enlightenment and development. on: September 30, 2023, 03:54:25 AM
The first cryptocurrency blockchain was discovered in 2008 by Satoshi Nakamoto and after that bitcoin  was launched in January 2009 by Satoshi Nakamoto.
Bitcoin is not a first cryptocurrency. There are Digicash, Cybercash, Bit gold, e-gold, Hashcash before Bitcoin.

Bitcoin Prehistory (Saylor Academy).
Bitcoin Prehistory.
Bitcoin Prehistory Tree.
323  Economy / Trading Discussion / Re: Trade only Bitcoin on: September 29, 2023, 06:08:59 AM
Trading is a lifetime skill that is always beneficial if you know what you are doing, the biggest mistake of traders is trading alt that most times doesn't obey market structure,
when it comes to cryptocurrency, trade only Bitcoin.
Before you think trading can help you rich, you must think investing can help you rich.

If you can not invest successfully, it means you are lack of discipline and patience. If you don't have those characteristics, you can not trade successfully. If you trade, you lose money so try with investing first and see how it works for you.

If you can invest successfully, you can try trading but it is harder than investing so no guarantee that you will succeed with trading.
324  Economy / Trading Discussion / Re: Why China Recognize Bitcoin? on: September 28, 2023, 10:58:19 AM
You can arbitrage BTC without BTC via margin trading or futures trading.
I am against this recommendation because Margin or Futures trading is very risky. It can give people hope that they can get rich quickly after some successful trades with Margin or Futures trading but fast comes, fast goes. They can quickly lose their money with Margin or Futures trading.

Rather than taking risk with those trading types, I would like to use Spot trading and patiently wait for good entries with different chart candles like 15-min, 30-min, 1-hr and slowly increase my capital with disciplined trades.

Trading with x1 leverage looks similar to Spot trading but when a trader already touches Margin, likely he will lose control soon.
325  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: September 28, 2023, 04:50:51 AM
Brighton's performance is indeed much better than what they showed last season. The ranking they currently occupy, namely Rank 3 in the standings, is proof that Brighton has indeed made very significant improvements.
Their star player Kaoru Mitoma is more goal productive than in the past season when he experienced his first season in Premier League. Mitoma looks like not a player who only can play well in one season and he has proved his good adaptation to Premier League in his second season there. Some players like the Spanish striker Michu only can shined in one season and disappeared in Premier League later.

Mitoma is no longer too young but he can somewhat achieve success like Son Heung Min in Premier League. If he stays here in some more season, will he become a second Asian player who can wear the captain armband for a Premier League club, after Son Heung Min.

The temporary ranking of Brighton in Premier League is a big shock and they are a surprising underdog in this season even they already shown their ability in the past season. Last season, in Serie A, Napoli won Scudetto, this season will Brighton make it in Premier League?
326  Bitcoin / Bitcoin Discussion / Re: How Bitcoin Can play its role to overcome the Financial Crises on: September 28, 2023, 04:33:18 AM
I do agree with you buddy, what if i say diversification of portfolio can help a lot like if most of the people starts doing multi-investment and run multi-business at the same time to increase their portfolio. It can help alot to overcome the financial crises and notional level crises as well because each person will be giving his best at the end of the day to overcome their own crises.
Diversifying is a basic rule but does it work for you, help you to grow your portfolio value or does it kill you, it depends on what you choose to diversify your portfolio. If you diversify your capital into altcoins which have different categories with different risk levels, you are making bad choice.

Altcoins can have big growths but are you sure what you pick for diversification will help you get profit or it will die like thousand of altcoins in history. If projects you invest in die, your portfolio diversification is bad.

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if i'm not wrong i can give example of Elon musk like he is running mutli-compines to diversify his portfolio. if we look at his starting point like from where he started his journey. He started from some but not really some and know he is the richest person of the world. Because he started diversification of his portfolio to run multi-business  at the same time.
I don't think he does it to diversify his wealth. He works like a workaholic man and want to achieve big things for his ambitious targets. He is rich but I think at his level, he minds more about what he can contribute to the world, human civilization rather than trying to get richer.
327  Bitcoin / Bitcoin Discussion / Re: Cashing Out Thousands of Bitcoin on: September 28, 2023, 12:37:43 AM
They can use Bitcoin OTC Markets. Whales and Bitcoin miners have their favorite market is OTC because with big capital, they don't want to create impacts on market price when they don't want to manipulate the market. With OTC trading, they can do their trade privately and without market price impacts.

Over the Counter (OTC) Cryptocurrency Trading - Explained in Details.
Crypto Traders Flock to OTC Markets as Exchange Liquidity Dries Up Amid Regulatory Clampdown.
328  Bitcoin / Bitcoin Discussion / Re: How Bitcoin Can play its role to overcome the Financial Crises on: September 27, 2023, 03:38:50 PM
How Bitcoin Can play its role to overcome the Financial Crises
Bitcoin can help you individually but it can not help a nation to overcome a big financial crisis or a global economic recession.

At a personal scale, it is easy to improve your financial status but at a national scale, it's harder and you can not make big changes with only one factor like Bitcoin. A nation has many components to make up its economy, society and a lot of other components which all interact with each other. Bitcoin can not change all of those components and can not improve a whole nation economy and finance as the only decisive component.

To change, a nation need more than Bitcoin and if it has only Bitcoin, it is an impossible mission for Bitcoin to change that nation.
329  Economy / Trading Discussion / Re: Are you on guard for any unexpected? on: September 27, 2023, 03:31:51 PM
The market still remains unpredictable by now even if there's several hype coming over, but we can't deny the fact that shitcoins was still the hope of everyone to enter the market. Partly, that's my opinion because most people have been investing into volatile market which is now part of shitcoins which was their previous asset. However, if unexpected market rise will happen some of those assets will also be part of the progress once there's development in other crypto projects.
You don't have to predict the market because you must know you will fail with your predictions. By unavoidable endings for your predictions, when you know it, you can avoid making predictions. It's good for your investment as you don't believe in your predictions and make bad decisions.

Bitcoin market is volatile but if you can hold your coins, you can get rich. Get rich without any prediction and your task is simple, storing your bitcoin safely and holding it.

How to store it safely?
In non custodial wallets, multisig wallets, hardware wallets and they all must be open source.

Reminder: do not keep your money in online accounts
Don't do this and think you are storing and holding your bitcoin safely.
330  Other / Meta / Re: best replies should appear first in a thread. on: September 27, 2023, 01:48:48 PM
I see the point and maybe I have myself thought of the same at times. Now the concept of the forum traditionally has been the chronological order for posts.
Default setting, in a thread, posts will be from oldest to newest but if you customize your setting, posts can be displayed from newest to oldest but I don't like this order. It is hard to view a thread with this reverse displaying order.

I would like to read OP, eary posts and make my comments if I can contribute for the thread or can help OP.

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"Arrange by merit" maybe a good option but then the problem that arises but everyone overlooks is that the voice of the rest of the forum gets wiped under the rug and that is a bad thing. Merit sources might have to read through threads for finding posts to merit and this problem remains as it is. Overall I dont see how we can improve on this, but feel free to come up with suggestions.
Merit ordering sounds good but in flow of discussion, it will make me feel uncomfortable to get the flow and I don't like it. I read a post not only because it is merited and a post without merit can have some interesting idea or information.

Code:
Show most recent posts at the top.
331  Bitcoin / Bitcoin Discussion / Re: interest in the cryptocurrency on: September 26, 2023, 11:31:33 PM
In other words, don’t believe lies about an investment before making it? I think Bitcoin is fairly well know at this point and while most of its investors probably have very little understanding how it works, I think there is plenty of trusted sources for information. Some sites like this even used to let you speak directly with important individuals (before weak leadership chased them all away).
Trusting Bitcoin is easier than trusting altcoins because Bitcoin has been here since 2009 and has never stopped continued its growth with time.

Altcoins are more risky, harder to trust because most of them can die after two years or a little longer years. Unfortunately, people only spend their money to buy altcoins, not because they trust altcoins but actually because they are too greedy and want to gamble. By gambling, they see more chances to multiply their capital with altcoins than with Bitcoin. Because with Bitcoin, now it is an investment, no longer a gambling like years ago.

High risk, high return when succeed but big loss when fail.
332  Bitcoin / Bitcoin Discussion / Re: What is the feature of Bitcoin? on: September 26, 2023, 02:49:10 PM
Wrong question, I would rather ask why are you thinking it will not.

Do you have like a debt to pay back and you look a loan to buy bitcoin and now not seeing moon anytime soon because market has been bearish for months? If so, you took the wrong step. Bitcoin is not a get-rich-quick scheme, it is a long term game.

Above price is possible, the only factor is time. You need to give that to it. If you are in a hurry to make money, then you have lost the game already.
The factor of time is very important for both investors and traders but they all can not timing the market correctly. Timing the market is impossible and most of efforts will be failed so intelligent investors will not try to do that. Buying, storing bitcoin in safe wallets and making sure enough usable backups for recovery if necessary, holding to wait for target price but when is not too important.

It is a long term investment, with own money and with good reserved money for other usages like savings and emergency, so no need to hurry to take profit and no need to timing the market.
333  Bitcoin / Bitcoin Discussion / Re: Satoshi's Intention/Vision For Bitcoin on: September 26, 2023, 11:25:39 AM
Pleased or not, it is your keys, your coins, my keys, my coins
"Not your keys, not your coins (bitcoins)" is very famous but it was not talked by Satoshi Nakamoto but by Andreas Antonopoulos. He talked about it in Israel, in this conference.

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and we can use it however we want, that is what Satoshi should be most pleased about
Satoshi has one great vision, don't delete your wallets.
Sigh... why delete a wallet instead of moving it aside and keeping the old copy just in case?  You should never delete a wallet.

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creating money that is free
Bitcoin can not be freely created. If it can be created freely like mintable tokens, it does not have price in thousands of dollar like today. You only can get new bitcoin for circulating supply by mining new blocks with ASICs. If you are not a miner, you have to buy bitcoin with your money or work to get altcoins and sell altcoins to have bitcoin.
334  Bitcoin / Bitcoin Discussion / Re: MicroStrategy Bought More BTC on: September 25, 2023, 02:01:17 PM
Michael Saylor bought around 5,445 more BTC.

The amount is not that much, but still, if it will be used for holding purposes then the demand will increase oversupply. Simple as that. How many of you found it a good news?
Micro Strategy won't buy Bitcoin forever, they will sell it to take profit or just to take part of their investment capital back when they need cash for their business.

More details of Micro Strategy investment history in Bitcoin.

They got more new capital from investors and they used part of those new capital to buy bitcoin. If their new capital flow is broken, they will stop or reduce their intensity of Bitcoin buying and they will sell in either of possible scenarios aforementioned, taking profit or needing cash.
335  Bitcoin / Bitcoin Discussion / Re: Single vs Shamir vs Multisig, which is easiest to hack statistically? on: September 24, 2023, 03:17:07 PM
You should create 10/10 multisig wallet and 24 word seed for each wallet in order to be completely safe.
Common, you are going to extremes.

With that wallet, when you lose one co-signer wallet, you are done. Done means losing your bitcoin. I will not go with this extreme method.

Backup a single signature wallet safely is safe enough for me. If I want more, I will create 2/2 multisig wallet and backup safely, that is safer for me but I will not go with 10/10 multisig wallet.
336  Economy / Trading Discussion / Re: KYC matter? on: September 24, 2023, 03:10:01 PM
Of course, KYC matters!
If you do not submit your KYC, the platform may freeze your account and confiscate the available balance. If you care about your privacy, do not use such platforms which ask for KYC.
If that exchange is not scam and does not plan to scam customers, they will announce their KYC policy change and give their customers enough time to decide one of two options:
- Withdraw all money, refuse to complete KYC.
- Submit KYC, finish it and use full service of the exchange.

But as a customer, when you see such KYC announcement and given time to withdraw your fund, you should withdraw all your funds first. Then if you like, you can submit KYC and wait for approval. If your KYC is completed successfully, you can deposit your fund again.

But Reminder: do not keep your money in online accounts
337  Bitcoin / Bitcoin Discussion / Re: Some questions and answers about Bitcoin in Bangladesh. on: September 24, 2023, 03:04:55 PM
https://kycnot.me/ but it is slowly updated with exchange policy changes recent months. You must double check after starting from this website.

No-KYC Exchange Encyclopedia. Centralized exchanges are not recommended like people in a nation that bans Bitcoin and cryptocurrency but your national policy can change in future too. Bookmark that thread for future use is not time-wasting.
338  Other / Meta / Re: Request for sent merit edit button on: September 23, 2023, 02:09:05 PM
Your suggestion is nice
Not actually nice. It will make ranks more complicated. You rank up when having enough merit for a new rank, then someone demerit you, and you drop off, do you like it?

It is less important and serious than how managers will pick participants. Their works to select participants for campaigns will be more difficult when applicant's earned merits can change quickly by demerit.

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it's just as similar as . Ignore user confirmation before ignoring . This is where someone mistakenly adds another user to his ignore list without his knowledge, which leads him to make a suggestion for confirmation notification before approving the ignore list. If there is any chance that they can give this a second thought and consider it, then there will be possibilities of your suggesting to also be added to the to-do list of the admin, but I doubt that will happen anytime soon.
It is not similar, ignore a user can be done by yourself and it won't affect anyone else, only you. Nobody knows you ignore that user, this user or not, only you know it and it does not affect your rank or chance to join any signature campaign.

It's different than merit and demerit.
339  Bitcoin / Bitcoin Discussion / Re: Using change addresses does not increase privacy, just fees on: September 22, 2023, 11:38:32 PM
You don't pay addition fee when you use change address because the output will be only the receiver's address and your sending address (if you don't use change address) or your change address, same outputs I mean.

What is the "Change" address on bitcoin wallet ? read to know !
Learn about UTXOs
340  Bitcoin / Bitcoin Discussion / Re: Hate speech and it impacts on bitcoin on: September 22, 2023, 11:33:30 PM
Hate speech including sayings like "Bitcoin is dead" and how many times people have tried to add it to Bitcoin obituaries.

Fortunately since 2009, with about less than 500 times to be attacked with hate speech, Bitcoin is not dead. It survives and even has been becoming stronger and I see other things, a better future for Bitcoin rather than dead.

The bullish case for Bitcoin and there is a discussion about it too.
Reloaded on Bitcointalk for discussion.

https://buybitcoinworldwide.com/bitcoin-is-dead/
https://99bitcoins.com/bitcoin-obituaries/
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