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1241  Bitcoin / Bitcoin Discussion / Re: Bitcoin hitting it's target on: February 04, 2023, 08:22:57 AM
Today I was so glad because I was stressed free all because of Bitcoin.
To cut long story short, I went to pay the hospital bills of my younger brother who has been in the hospital for about 1 week now and I have to pay the sum of 500.000.00 naira based on no cash in my country ( Nigeria ) you will have money in your bank account but you can't withdraw from any Fiat bank. So there's scarcity of money in the country for now. So based on that I asked the  doctor if I can pay the hospital bills with Bitcoin and he said yes. So I was surprised based on my first experience paying bills with Bitcoin. To cut long story short letter That's day I paid 0.046591 BTC
I will say Bitcoin is going so far it's hitting it's target.
If people starts using Bitcoin as form of payment in there businesses it's will reduce stress.
Why do I say it will reduce stress?
Because you won't be counting fisical cash anymore and you don't have to carry any money to the bank.
So please you guy should try and stork Bitcoin because very soon it will be used as form of payment in all businesses.


Wow, I didn't know there is no cash in Nigeria. And I was even more surprised that you can pay with Bitcoin at a hospital. What about taxes? Can you pay taxes in Bitcoin? Is Bitcoin taxable? I really hope Nigeria is the next country to accept Bitcoin as legal tender.
1242  Bitcoin / Bitcoin Technical Support / Re: how long does transaction take on: February 04, 2023, 07:29:25 AM
Bitcoin transaction can take 1, 2 , 3 or more minutes, it can take more than 10 minutes too. It depends on when the next block is mined and that can take less than or more than 10 minutes. But be expecting a time not far away from 10 minutes.

Yes, 1 sat/vbyte transaction can be confirmed early. It depends on how congested mempool is.

Use this to know the feerate to use: https://mempool.space
For advanced users: https://jochen-hoenicke.de/queue/#BTC,24h,weight


Transaction has been 2hours now and not confirmed

I don't know where the guys are taking this 10 minute transaction time from. I send 1sat/byte transactions regularly and it can take up to 24h to get confirmed. 30 minutes to 1 hour is EXTREMELY FAST, 2-5 hours is OK, 12-24 hours is slow. In any case, even 24h is ok with me, I'm planning my transfers beforehand.
1243  Economy / Gambling / Re: OLE777 - Join Us For New And Exciting Promos! on: February 04, 2023, 07:24:28 AM
That's classic: if you lose, nobody asks your KYC and everything is legit. If you win, KYC, arb betting accusations and what not. Remember the saying: the house always wins. This one smells bad, and they don't even bother to reply.
1244  Economy / Economics / Re: Can commodities return to its price last year? on: February 03, 2023, 11:38:12 PM
Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

Food prices depend on energy prices. If energy (natural gas, electricity etc) prices will go down, groceries' prices will follow. There's a fair chance it's going to happen this year. Energy prices skyrocketed last year, mostly due to the Russo-Ukrainian war and sanctions, but there are certain signs that the prices may go down. I know in some EU countries electricity prices have already started to decrease. So yes, it's entirely possible that we're going to see some lower prices later this year.  Roll Eyes
1245  Bitcoin / Bitcoin Technical Support / Re: how long does transaction take on: February 03, 2023, 11:14:47 PM
fuck i hate bitcoin, every other crypto does transactions in second, but this shithole coin take 10$ fees if you want trasaction confirmed same time. Fuck this nigger coin, last time im using this shit

Other crypto is useless and nobody is using it. Therefore their mempool is always empty and transactions are getting processed fast and cheap. Bitcoin is the King. If you don't understand it - HFSP.  Grin
1246  Economy / Speculation / Re: My fear in fall of Bitcoin. on: February 03, 2023, 09:30:21 PM
  Bitcoin is a cryptocurrency that no has the capability to predict it's rise or fall.
   

Haha yeah the fear of the unknown "there may be dragons" so human.

Quote from: Jaycoinz
I am beginning to have a doubt that Bitcoin cannot go to a higher price just like the previous year.
  

So it means that you used to be sure that Bitcoin won't pump this year, like it happened last year, but not anymore. Is it what you're trying to say?

Quote from: Jaycoinz
Cause Bitcoin is determined by the number of people in the digital market.

Eeeeh... wut?

Quote from: Jaycoinz
Just like the higher the number of people that purchase Bitcoin the lower it's price and for it price to go higher it requires some Bitcoin investors, traders and miner's to withdraw some percentage of their Bitcoin. So I still have the doubt of Bitcoin shooting higher  just as we are expecting in 2024.

No, seriously.. wut?

But fear not, young padawan, Bitcoin will pump, and sooner than you expect.  Cool
1247  Bitcoin / Bitcoin Discussion / Re: Why running NFTs on Bitcoin blockchain is a dumb idea. on: February 02, 2023, 11:15:17 PM
Will Ordinals and NFTs Destroy Bitcoin?
www.youtube.com/watch?v=mJr8yUf3dYk


Energy usage of bitcoin is high enough as it is and should be reserved for more worthwhile applications. Transferring around monkey jpegs and/or porn images on the network is a pointless waste of energy. The congestion and bloat this would create will lead to higher fees for users, clog and slow the network with useless traffic that can potentially compromise security with overcomplexity and bloat. Bitcoin should remain true to its core mission and principles-- the most sound money ever created and greatest store of value.

Once you try to be too many things and try to please everyone, you just become another stupid altcoin.
Leave the idiots to play around with their ethereum and solana, monkey pics, etc.


NFT is a scam and just plain stupid and it doesn't matter which network it's being run on. Running it on any shitcoin blockchain doesn't affect me as a Bitcoin maxi (haha) as long as it stays away from Bitcoin network. Ethereum is notorious for letting various scammers use their network so nothing new here. Perhaps it will help some peeps to see the light and steer clear from shitcoins. Cool
1248  Economy / Exchanges / Re: Coinbase closing my account for no reason on: February 02, 2023, 10:23:04 PM
Try contacting them, but there's a decent chance that they won't provide you with a specific reason and will simply answer with a script reply and refer you to their Terms of Service, which is likely to mention that they have every right to close your account at any time. Was your account completely verified? Have you received anything prior to that? You've at least been offered to withdraw your balance; some other exchange or service could have probably seized your money and blamed you for an unreasonable reason.

Unfortunately, this is subject to happen at any time since most centralized services claim in their TOS that they have every right to close your account without having to provide you with a valid reason.

They're not replying to my tickets. Yes, my account was completely verified. No, I haven't received any notice/warning before this happened.

I suspect that perhaps my account received some of the "tainted" coins. That's the only possibility I can think of.
1249  Economy / Economics / Re: There is deflation in countries where Russians have been fleeing on: February 01, 2023, 05:49:55 PM
Since the war between Russia and Ukraine has begun, hundreds of thousands of Russians are leaving Russia and moving in another countries. I hope it's clear that majority of these people who leave Russia are educated and/or rich, i.e. the people who are the brain and drive Russia.

One of the most popular destinations for them are Kazakhstan, Georgia and Armenia.

Kazakhstani Tenge has gained 15% against the dollar since the start of Russia - Ukraine war.
Georgian Lari has gained 38% against the dollar since the start of Russia - Ukraine war.
Armenian Dram has gained 35% against the dollar since the start of Russia - Ukraine war.

Food prices in Armenia are partially decreased compared to last year
I can't find legit information about what's happening in Kazakhstani and Georgia but from my quick investigation, it seems that prices are dramatically increasing in these countries despite the fact that Kazakhstani gained 15% and Georgia gained 38% dominance against the dollar.

Is anyone here from these three countries? What's going on there? Did the wave of mostly rich Russian immigrants positively affected your country?

Can't comment much on Armenia and Georgia, but I've heard mostly naturalized Russian citizens from eastern CIS (ex USSR) states were fleeing to Kazakhstan. They are neither rich nor ethnically Russian.
1250  Economy / Gambling / Re: Arbitrage betting tips on: February 01, 2023, 04:37:13 PM
You should have stated how risky arbitrage/matched betting is and warned gamblers properly as I mentioned earlier op. Some people clearly don't know much about it and could end up getting limited in some markets or losing their accounts.

Pinny/Betfair won't limit accounts, but crypto books will 100% do it once they find out that you are arbing. Tip: Do your research people!

How will they be able to find it out? Could you elaborate please? I thought that bookies don't share information about their users (is it even legit?). How exactly it happens?
1251  Economy / Gambling / Re: Arbitrage betting tips on: January 31, 2023, 09:34:32 PM
As I see very negative attitude in this thread, I am not sure should I even continue this thread.
Is there any interest in this ?

Please continue, great arbitrage tips, keep em coming. Especially interested in tennis betting tips. AO is over, but there's big WTA tournament in Abu Dhabi coming soon (next week?). Would love to receive some arbitrage betting tips!  Cool
1252  Other / Beginners & Help / Re: LOPTOP MIMING on: January 31, 2023, 09:15:00 PM
IS IT POSSIBLE TO MINE BITCOIN IN LOPTOP PLZ TELL ME THE PROCESS?PLEASE TELL ME THE PROCESS.

In short: no. But I believe you can still mine some shitcoins on your laptop (CPU or GPU) and sell/convert them to Bitcoin. I can't comment if it's profitable or not, because I don't have any info on where you are located, what is the electricity price in your country etc.
1253  Bitcoin / Bitcoin Discussion / Re: My greatest fear about Bitcoin Halving. on: January 31, 2023, 08:22:01 PM
Bitcoin halving is characterised by price boom and this is a general believe of some bitcoiners and members of this forum.
My greatest fear is; what if 2024 halving comes and go without any kind of bull run? Don't you think that there will be a serious problem and panic in the industry?
This is because 2024 halving is the greatest available hype that can move the market. Besides that, I don't see any possible wave that can move Bitcoin to a new ATH. Unless US government will have to make BTC a legal tender.

Fear not, Bitcoin cycle always ends with a bullrun. It may be double-top or premature top, a bit earlier or a tad later but it's going to happen. I'm not sure what kind of ATH you are expecting, but anything above $100k is ok with me (I guess for many peeps here). Yeah, $100k+ is not exactly x20 or x30 we got used to during the early cycles but it's way better than $16k! I'm an optimist, glass half full type of personality, so my guess is something between $200k and $450k. Btw what exactly you mean by "without any kind of bull run"? Does reaching the previous cycle's ATH count as "no bull run"?  Cool
1254  Bitcoin / Bitcoin Technical Support / Re: Bitcoin-ready linux distro on: January 31, 2023, 07:26:09 PM
Does anyone have any horror stories about airports were they were threated like criminals and terrorists?
Last time, there was a big guy feeling me up before departure, but that's about it.
And when I come back they like to see if they can tax me on something, but my laptop is old.

This! I'm also trying to use my old laptop for travel. When the guys at the airport security see it, they're probably like: ok, let's give this guy some money so he could buy a new laptop, this one is ancient. And for sure, nobody would ever try to steal it!   Grin
1255  Economy / Gambling / Re: 🔮 Futuur - Predict the Future! 🔮 on: January 31, 2023, 07:11:26 PM
🔮 Howdy, Forecasters! 🔮

We’re delighted to announce that Futuur, the world’s leading play-money prediction market, is now offering real-money markets in Bitcoin BTC!

Futuur is a prediction market, a people-powered forecasting engine where you can bet on real-world events, from sports to politics to science and everything in between. Our mission is to help improve decision-making by generating more accurate predictions about the greatest possible range of future events.  We do this by aggregating the “wisdom of the crowd” into a single, easy to understand percentage estimate for the likelihood of that event to occur.







It’s totally free to join and bet as much as you want using Ooms, our play-money currency! We’ve done our best to make the interface fast, fun, and social. Comment on markets, follow your friends to find out what they’re forecasting, and make your way up our leaderboards!

We have been operating play-money markets since 2017, and to date have resolved more than 35,000 markets with bets from over 15,000 forecasters. And we’ve seen a lot of success! Our average Brier score (the measurement statisticians use to evaluate the accuracy of probabilistic predictions) of 0.163 is a strong confirmation that our crowd-powered predictions actually work!

And now, you can bet with Bitcoin!  Bitcoin markets will operate in parallel to our Ooms markets, and will generate separate forecasts.  We think that this additional financial incentive -- more “skin in the game” -- will bring even more accurate forecasts as a result!










Useful links:
Bitcoin FAQ
Futuur Community Forums
Suggest a Market

Connect with us on social media!
Twitter | Facebook | Instagram



Wow this is something really interesting and never-before-seen! Just to make sure I understood correctly: do the users themselves have the ability to create betting events or it's done by the staff? Like this you can bet on virtually anything! Cool idea guys!  Cool
1256  Economy / Economics / Re: How to thrive with low income in a humble area on: January 31, 2023, 09:36:05 AM
One of the biggest difficults in life is to manage growing your patrimony and income, when earning minimum wage and living in poor areas where opportunities are scarce, as is the money circulating in the local economy. Some hints that could be useful:



Get rid of addictions/habits: addictions or habits (in mild cases) are harmful not only for your health, but also for your finances. Cigarettes and alcohol are responsible for consuming a large portion of the income from individuals living on minimum wage. It's not that unsual to find people spending at least 1$ on cigarettes daily, what after 1 month will result in 30$ expenses, which could be going into bitcoin investment, for an example.

Choose carefully where you go shopping: some supermarkets are more expensive than others. Shopping on physical stores is more expensive than shopping online. Don't go for the first price you see on the labels. Search for promotions, try to adequate your demand for products to your currently financial budget in a way you don't spend all your money in the end of the month.

The impression which matters is the one you have about yourself: forget about boasting yourself to friends and suitors around. Live a realistic life and don't pretend to have a superior lifestyle in order to make people's eyes shine in front of you. There is nothing wrong in displaying some style, it's actually pretty good and satisfactory, but only when we can really afford it.

Doesn't matter how depressing is your day, never give up: everyone has their depressing days, but these days can't become a rule in someone's life. Don't feel pitty of yourself, don't blame your life and your currently conditions. Think it's just temporary and that an exit from this situation is reachable with good will, effort, hard work and a positive attitude with people around you. Sometimes opportunities come from where you least expected, so be receptive to the society in general, while being careful with potential abusers of every kinds.



Step by step you are going to improve your financial status, be patient and determined. Good luck!


Images created using Midjourney AI, see more at: Bitcoin AI Generated Images

You forgot to mention the first and main hint to improve your financial situation - buy Bitcoin! The more money you keep in FIAT the poorer you become. Inflation is eating up your FIAT. Buy as much ass you can afford - just a couple of sats now and then. Don't buy that extra pack of cigarettes or extra bottle of beer.  Cool
1257  Economy / Gambling / Re: I accidentally deposited to self-excluded stake.com account. on: January 31, 2023, 08:07:04 AM
Like all the others I'll also advise you to ask for support about your issue because so far none of the members have experienced what you've experienced, update us so we'll also know if they will send the fund back or if you will have to wait for the self-exclusion to expire, I hope you did not self exclude yourself for a year.
This is a good topic it seldom happens but it really happens and this will become a reference for those who deposited then forgot they self-excluded themselves.


My account was self excluded for a year, 48 weeks left. Support told me that I have to wait for 48 weeks to be able to withdraw my funds. I guess I will wait Smiley

Great news! You can still have your funds when the self-exclusion expires, they're not lost. Additionally, you now have a year to try to get rid of your gambling addiction! Let's just hope you won't get addicted again, once the funds get unblocked. 3ETH sounds like a lot of money.  Grin
1258  Bitcoin / Bitcoin Discussion / Re: Approximately 384 Days until the next Bitcoin halving on: January 30, 2023, 11:06:58 PM
Lets not be so gloomy, I know my previous comment was and some other posts too.
But this could all be a good thing that previous bull run was cut short abruptly and we entered a bear market with multiple crashes. There could be an accumulated demand specially with the way economy has failed we could see more people thinking about hedging against their failing unlimited supply fiats and cause a much bigger rise than the cycle before last.  Cool

Yes and besides it's also possible that a 4 year bitcoin cycle is history and we're going to witness something completely different and yet unseen (I hope in a positive way haha). Previous cycle was ~a month shorter as we reached ATH in November 21. I hope this trend will be kept intact and this cycle will be even shorter but at the same time I don't think ATH is possible as early as 2024.  Cool
1259  Bitcoin / Bitcoin Technical Support / Re: Bitcoin-ready linux distro on: January 30, 2023, 09:33:18 PM
Is there such a thing being developed and kept updated? What I mean is a distro that comes with preinstalled software that you would need for any Bitcoin related business (full node software like Core, another lightweight software like Electrum, all libraries pre-installed, Tor, some other useful tools and everything else declutted)

I ask this because if you were to for instance land in another country, and you needed to install everything from scratch, it would take a ton of time. If you could have everything in an .iso more or less ready to run, you would just get your laptop (which you wiped before crossing any borders) and install your linux Bitcoin distro, and leave it there installing everything while you chill on your hotel's swimming pool or something. After a while everything is ready so you just enter your passphrase or recover your wallet.dat which you temporarily left somewhere in the cloud encrypted and get your coins ready.

I know Tails has Electrum but it doesn't have Bitcoin Core. It also has a ton of stuff I don't need and Electrum is always outdated.

The idea would be a minimalist setup, with some sort of system that automatically downloads, verifies and compiles the required software and libraries during the installation process.

Oh no, sounds like a terrible idea and heaven for cybercriminals. There are just so many things that could go wrong potentially: phished distro's website, hacked distro's website, phished repo, hacked repo, malicious developers, backdoor/trojan in OS, backdoor in wallet software etc etc etc... I mean such a distro, once launched will become a bullseye and a magnet for all sorts of crypto criminals. Easy way to lose your hard earned coins...  Sad
1260  Economy / Gambling discussion / Re: Doxxed team can help a new gambling platform? on: January 30, 2023, 09:37:53 AM
I can speak for myself, I'm not sure if my pov is common or not. I feel more safe when a gambling website is registered with a gambling authority (no matter where in the world). Just gives me that extra feeling of security. I'm not really interested who runs/maintains the casino and their identity. But that's just me of course.
we all have our own decision about when and how we conduct or gambling activities , while you are looking for registered sites , I am for those who had been running for long time even if they are or not registered because that way I am more sure of their activities and their behavior as people will tell you who they are and not just because they have license that sometimes caring about nothing as they can still manage to scam players.

You know, even well-known popular casinos sometimes refuse to pay the winners (not all of them obviously). At least you can see online reviews here and there claiming they didn't pay this and that. I know, sometimes these are false accusations, but still, certain negative reviews can be verified and are credible.  Roll Eyes
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