Bitcoin Forum
April 30, 2024, 09:34:14 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 [52] 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 ... 737 »
1021  Bitcoin / Mining / Re: Help with cloud mining please! on: October 11, 2023, 10:53:21 AM
Like they said most cloud mining sites are scam and some of them are not profitable but if you still looking for some of them I know some sites that actually pays but I don't know if you can make a profit.
Check Binance pool here https://pool.binance.com/en/cloud


Hmmm,
Quote
Purchase Every 1 TH/s:
Cost 5.7600 USD
Est. Output During Mining 0.00000213 BTC * 90 Days

0.00000213 BTC is 5.80 cents x 90  so you pay $5.76 to make $5.22.

The only chance to make a profit would be for the diff to go down by 20%  or else you're losing money.
Btc going up makes no sense as you could simply buy coins.


Quote
I need a cloud mining service that is reliable, safe, and actually pays out. Can anyone recommend one, even if it's a paid service?

The only thing I'm wondering now is how many times have you been scammed by things that were advertise as free!
1022  Bitcoin / Legal / Re: Cross-chain crimes reaches a record of $7 billion on: October 11, 2023, 10:41:51 AM
~Tornado Cash is closed

Really?
How did that happen, or more importantly, how do you shut down a smart contract?
https://u.today/tornado-cash-reigns-supreme-on-ethereum

I wonder how this happened two months ago month when you say tornado cash is closed:
https://cointelegraph.com/news/anubis-dao-rug-pull-money-washes-away-on-tornado-cash


1023  Other / Meta / Re: Legendary Members Spread Completely Fake Information - Merit System Do Not Work on: October 11, 2023, 10:36:28 AM
I quite understand your plight, but for only the misinformation, such a member could be corrected and warned. But you can't outrightly overlook all the good work of a member due to that, it might be a mistake this time.

Ok, I just have to ask, what good work has BADecker done on this forum?
Care to share some examples? Grabbing popcorn as I imagine your face when you actually read his posts!

Yes, there have been studies that show ivermectin can inhibit the growth of cancer cells in a Petri dish in a lab. And yes, the studies you linked show that fenbendazole can inhibit the growth of cancer cells in a Petri dish in a lab. And unsurprisingly, if you pour bleach on to cancer cells in a Petri dish in a lab, they'll die too. The same is true for arsenic, or mercury, or dynamite. All very good at killing cancer cells in a Petri dish - not so good at killing cancer cells inside a human.

I was going to say the same thing, and I'm quite intrigued that SanRemo wants to have a more elaborate discussion and has overlooked the main things here, the possible inhibitory thing and the fact that it was all culture cells, I can't wait to see a human thrown in a freezer at 4C then heated to 37C, washed and lysed (well this might be the end of him but..), after recreating him from the supernatant in a gingerbread cast in some over have him sent healthy and cured back to his daily life.

But still amazes me how someone like BD who says that covid is a hoax and vaccines don't work suddenly has a taste for some drug created by the same reptilians and evil money grabbing pharma.

1024  Bitcoin / Bitcoin Discussion / Re: Someone inscribed the War Logs of Wikileaks into BTC on: October 11, 2023, 09:55:05 AM
If someone is acting within the rules and you try to change the rules, then "fixing it" suddenly carries very different connotations.  You are working from the perspective that your definition of valid use is correct and that theirs is incorrect, but I don't see anywhere that this has been established and agreed to by a significant portion of users.

The beautiful way of praising decentralization by telling others what to do because one knows better, right?

However this topic is pretty interesting, I see cheering for documenting the war crimes committed by the US, let's see if someone starts inscribing in the blockchain the crimes committed by Russia in Ukraine will we have the same thing? Or the pictures of dead Israelis in the Hamas attack? If blockchain is supposed to offer refuge from people trying to erase stuff from the internet then how about we inscribe all of Mia Kalifa movies since she was banned from her show due to her support for Palestine? Would be a nice gesture!

What would be the best way and attitude towards these things?

Probably not doing anything and not taking stupid sides in any of them, if somebody wants to burn money on something 'HIS COINS, HIS DECISION", you don't like the way how Bitcoin currently operates, it's open source, you go and make your own bitcoin, with booze and hookers!  Grin

If somebody would want to attack Bitcoin by spamming the mempool he could have done so ordinals or not ordinals, if Bitcoin were to be defeated by someone willing to spend 1 million a day on fee spam then what chances would it have against a government willing to spend billions?  

I think these people are making enemies for the Bitcoin community and the governments that are being targetted with these war logs getting printed on the Blockchain won't be happy.

Over exaggerating, nobody cares anymore about those war logs, everyone who cared knows about them a long time ago, if you go on the street and ask the average Joe when the invasion of Afghanistan started I doubt you will get 10% with the right year.
1025  Other / Beginners & Help / Re: Hurray!!! Bitcoin defeated miscreants again on: October 11, 2023, 09:27:01 AM
But come to think of it, even at 2sat/vB, we still have over 28,100 unconfirmed transactions, maybe some people don't want to pay any fee at all...lol.

You just described what a phyric victory this is!

So it's not that much about the code or the people defeating ordinals, which still get minted even as we speak but a complete loss in demand for block space,  and think of the numbers that some claim, tes and hundred of millions of so-called "users" and without ordinals you don't have more than 120k in the last days willing to spend or transfer coins!

There was no battle, both sides just decided to return home!

Now for another moment. Everyone is waiting for bitcoin mass adoption and widespread distribution of the bitcoin, when they will pay for it left and right, when there will be a very big user base.

Not going to happen, almost everyone is just waiting for a moment to sell at huge return, once the ordinal fomo truly goes down and not even 1sat/b ones are mined then you will see half empty blocks just like before February, the usage is simply not there, the p2p features has just been forgotten and the focus has shifted to investment.
1026  Economy / Trading Discussion / Re: Correlation between buying and selling of bitcoin: Is it a technical methodology on: October 09, 2023, 02:01:44 PM
Buyers, Sellers, miners because of the mining rewards, and those who speculate. The price of Bitcoin reflects the supply and demand with a given limited supply of the number of Bitcoin that can be mined.

As an example let me quote you how an apple farmer sells his apples. We are considering that the farmer in a year through his farm produces 1000 apples. If the demand for apples goes high with the fixed produce then the farmer will increase the price. If the demand for apples goes down with the fixed produce then the farmer will reduce the price. The reason is that you cannot sell stale apples in the market.

Bitcoins do not expire, bitcoins do not rot, you don't consume Bitcoins and they are not produced randomly in one season but with near complete accuracy. Also unlike a miner who can simply shut down its miners if the reward is lower than the costs there is no way for a farmer to cut losses with the same predictability, plus, let's not even mention the fact that no matter how much gear you point at mining coins you won't be able to mine more than 900 coins a day on average, with apples it takes a few years but you cat quadruple the entire world production.

Thus the ½ ings create the perception it is running out.

That's one of most annoying thing, I just hate when some claim that the supply is going down with the halving.

So in short, just because of the fixed supply of Bitcoin, the price is so volatile.

Oil is not in fixed supply and it went from -40 to $80, something I don't see Bitcoin ever being able to replicate  Grin
Volatility has nothing to do with the supply, stocks have a limited supply too and they are all over the place in a messy day.
1027  Bitcoin / Bitcoin Discussion / Re: El Salvador launches first volcano-powered mining project on: October 09, 2023, 01:02:57 PM
One of them mentioned that Switzerland has been relying on similar technologies for two years, without providing details. If the experiment was successful, why is it not generalized, and if it was ineffective, why was it adopted?

Switzerland is 2/3 hydro and 1/3 nuclear so I doubt they are planning any kind of experiment, don't know who you quote but it's probably another article overexaggerating things.

If we talk about Iceland it's simple you have a country 5 times the size of Salvador with 20 times less population, it's like saying why Lichentestein doesn't have the same problems with highways or trying to apply a Singapore infrastructure model to the US. We're talking about 600MW potential from geothermal for 6 million in Salvador, Switzerland has 9 million and an installed nuclear capacity of 2400MW!

Now, making a Bitcoin mining comparison, Salvador has 151 MW of geothermal, Riot alone uses right now around 370 MW.

I guess its good that they are doing something good with the volcano energy. Shows that bitcoin can be renewable and even though the profits are small to some, they are large to a country like El Salvador. The expenses are most likely not that large since its a developing country with cheap supplies and labour. So they are on the right path.

Prices of ASICs are in $ and not by PPP, so assuming Salvador would target 1% of the hashrate to earn $250 000 a day let's see how they're going to come up with 80 million to buy the gear required for that since their whole Bitcoin purchases Bukele made so much fuss about were not even half of that. This is Bitfury and Georgia once again, a few are going to make a shitload of cash while the others are going to look at the electricity bill and ask themselves why it's twice as it was before!


1028  Economy / Currency exchange / Re: Introducing a new player in the cryptocurrency market: basex.one! on: October 09, 2023, 09:39:10 AM
Quote
5. Deny the Client's request to withdraw funds into a third-party account without providing a reason;
https://basex.one/aml.php
This is the most annoying policy for any exchange.

Quote
Each transaction is attributed a risk factor, signifying the extent of 'contamination' of the funds. This risk factor is capped at a maximum of 25%.

After psn.net claimed that because of a stupid bot score funds transferred from crypto.com wallet are suspicious I would stay away from any of those services that even try to calculate a risk score.

Quote
The refund of funds is effectuated after a comprehensive investigation conducted by the Service's Security Department, which may encompass a meticulous verification of the sender. The refund is implemented after deducting a commission fee up to 7% of the transaction amount, this is done to cover the labor expenses associated with processing the application and arranging the fund's reimbursement.

7% tax on a hunch the funds are "risky" and the user has no right to oppose, lol.
You do realize that if you followed AML regulation you would have had to seize the money and inform your local authority about this then after a police inquiry turn the funds to them to return them to the user?
This is just abuse and trying to scam so poor user who can't justify with 100 pages of docs proof his $100 earned from a casino!
 
1029  Economy / Service Discussion / Re: KRAKEN - SCAMMERS on: October 09, 2023, 08:07:47 AM
I have already explained that I cannot request a refund, since the bank does not have such a function, their response is to ignore it.

You said Euros so I assume you're in the EU, if you have deposited to Kraken via bank transfers your transfer was probably SEPA your bank must have this function since we're talking about a transaction to a financial institution, there is no country with an exception to this since 2019.
File a claim with your bank!

Second, why not tell Kraken to simply return the money to the account that made the deposit?

Where else can I file a complaint about this service?

Your Financial ombudsman for a mediation between Kraken and your bank, then your national consumer protection agency.
1030  Other / Archival / Re: What Is Alcoins? on: October 08, 2023, 07:41:04 PM
Please can someone tell me what altcoins is and how to know Altcoins

You've been hunting around the Bounties (Altcoins) board for a year and a half, and it's just hilarious that you still don't know what Altcoins are. 

But hey, since the Obong Okon account magically came to life after a long slumber just to give this post a merit, I'm starting to wonder if you know what Alt-account means. Cheesy

You have no idea!!!!  Grin

- Discord Profile link: sumonpc44#8373

https://ninjastic.space/post/59944915
Quote
Bitcointalk Username:  R15V3
Discord Username: sumonpc44#8373

Red tag for cheating a campaign
https://bitcointalk.org/index.php?topic=5383361.msg60346036#msg60346036

Then we have Okereke and Obong Okon
https://bitcointalk.org/index.php?topic=5438306.msg61722074#msg61722074


1031  Bitcoin / Bitcoin Discussion / Re: How Many BTC does the Forum's Administrators Have? on: October 08, 2023, 07:22:03 PM
I understand that some members have no reason to hide their Bitcoin holdings, but I see no reason to make it public either. For example, I have nothing to hide, but I still want to exercise my right to privacy.

Bitcoiners:
Privacy is a must, the banks, the government and even relatives, they all have no business knowing anything about your finances!
Also Bitcoiners on Bitcointalk:
How much money does x have? How many addresses does x hold? Who owns that address? When did that address move coins? Did x just move coins to an exchange? Do you think z has coins? Do you know one of y's addresses?

What do you mean by privacy? Are they trying to hide their balance from the public eye? If that's the case, they should consider using a different Bitcoin address on their profile.

Oh, what privacy? How about this, let's have a topic monitoring how many Bitcoins and altcoins has bayu7adi gained in his signature campaign, how many addresses he has used on this forum, to what exchange he has deposited those, to what other users he has sent coins, how much merit he has gained and from whom, when he sleeps when he posts and so on.
It's all public knowledge, I assume you have zero objection against such a topic, right?  Wink

1032  Bitcoin / Mining / Re: Antminer S21: Bitmain’s Game Changer in the Bitcoin Mining World. on: October 08, 2023, 06:50:45 PM
Antminer S21 for the Bitmain company was apparently very expensive, so there is not enough money to pay employees:

https://twitter.com/WuBlockchain/status/1710880716383494207

And just a few hours later after:

Quote
On the afternoon of October 7, Bitmain has repaid September wages, and stated that it only did not pay the performance salary of some people. It has also been repaid, and the basic salary has been released normally on September 30.

They have been selling for a year gear at three times the price, charging at one point 8k for an s19, that's probably the last company in the crypto world that would not be able to pay wages. Rather than the development of the S21 I tend to believe it's the unsold stock of miners and not honored deals that are affecting their business and a potential cashflow, they have around 300 people paid directly, what's that, even on above average wages that's less than 1000 miners.

They've moved the date, there is a January batch now available, seems like they really want to test miners' resolve during the halving.
 


1033  Bitcoin / Press / Re: [2023-10-04] The Economist: Did bitcoin leak from an American spy lab? on: October 08, 2023, 01:03:34 PM
I didn't know Bitcoin was meant to overthrow any government, I must've missed the briefing.

Oh, my pure padawan, you don't know the good old times when this was considered a tool for some to fight the three-letter agencies.
Radical voices have been reduced over time, unfortunately a lot by useless shitposting but there are still a few thinking crypto is the way to take the power from the government and make them accountable for or even completely replace them in a blockchain world.

There is some pretty good material to get high without weed buried in the first topics of P&S and BD boards.

As I have said in the duplicated thread, it does make some sense that peer-to-peer electronic cash was a concept that began from within the government, and took a more anarchistic shape when someone saw they could forestall the financial advantage.

Hmm, like TOR?  Grin The plot thickens!"
1034  Bitcoin / Bitcoin Technical Support / Re: [Oct 2023] Fees are lower, use this opportunity to Consolidate your small inputs on: October 08, 2023, 12:43:57 PM
My take: It's a lot like cash money: $5 is convenient to buy a coffee, but it gets annoying already to pay for groceries for the week. Paying with a $10,000 bill would raise questions, and I wouldn't want the barista to know I own those ancient bills. So a bit of everything works for me.

Try getting to Aldi or AH early in a weekend and buy something worth 1Euro with a 500 bill  Grin That's going to be fun!

How would you define "small input"? I mean in my particular case I was thinking about consolidating now that I see the fees going down but what I have are mostly inputs of about $100 or higher amounts, which in the next cycle can easily be worth $500.

It depends a lot on what you're actually doing with your coins!
Are you just hoarding them, then it makes no sense, are you depositing randomly around in batches of $100-200, it makes a tiny bit of sense, are you in my position a week ago with ~20 inputs all in total worth ~$120, what do you think?  Smiley
The privacy was probably already blown as I don't have a clue to what most of those transfers have actually been for so, who cares? Just packed them together for cheap and sent them through a mixer to a cold destination as I'm retiring the old one that turned into a mess of tx over the last year.

Seeing LoyceV response above I would think of this in a matter a small shop works, are you selling food and drinks, then change is a must, are you a mid-high tier restaurant, then hoarding 20c and 10c coins is almost useless at today's usual bill so at the end of the day you just throw them in change machine.
1035  Bitcoin / Bitcoin Discussion / Re: Bitcoin accumulation at all time high on: October 08, 2023, 11:31:12 AM
Plot twist
People are sending coins to exchanges to dump them!  Grin

Now, joking aside this is another one of those useless data articles written by low paid journalism just to write something!
Let's analyze a bit the info:

Quote
#Bitcoin's mid to large sized wallets have gained steam in accumulating coins, adding 71,155 $BTC ($1.95B) in the past 6 weeks alone. The combined holdings of these addresses are within ~90K $BTC (0.59% away) from their 15.29M held in November, 2021.

So walletss holding between 1-10000k coins have gained 71,155 BTC!
Why the  "71,155 $BTC" What the f is a $BTC?

Now, they gained 71 155 to reach 15 200 000 BTC.
Quick math rounding the numbers:
They held 15070000 coins out of 19463000 coins back in August, that's 77% percent before the accumulation period.
Between that day and today, there were 37 000 mined coins, so normally they would have got 30 000 BTC just out of the normal proportional distribution, but they got 40 000 extra, anyhow let's skip that and go for the final data, so they've jumped from 77.42  to 77.94!

Now how is this for a title?

Quote
2,289,019 addresses are now holding 77.94% instead of 77.42% of all the coins?

Anyhow if someone would have bothered to look at the chart before writing the article he could have made a far better one, actually addresses holding more than 10 BTC are losing % and those under 1 BTC are gaining, but, whales sound better than tuna grabbing coins.

It's actually this move that could bring some good news as it could mean a flight towards small-sized cold wallets and personal storage, but, that's not so clickbaitish, right?
1036  Bitcoin / Press / Re: [2023-10-04] The Economist: Did bitcoin leak from an American spy lab? on: October 07, 2023, 05:33:04 PM
Quote
A click-baity headline fro the Economist.
And the paper cites work by a researcher named “Tatsuaki Okamoto”.

Indeed, and poor journalism, why put the guy's name in "" like it's not his name or he doesn't exist, he has even given interviews on his patents and his views on Bitcoin. Besides, old story:
https://bitcointalk.org/index.php?topic=235289.0
somebody from the Economist just had a pressing deadline on delivering some article.

But imagine this being true, some users around here might need some extra pills if they find out the thing that was supposed to overthrow the government is a tool leaked by the government to control the masses! And sheeple becomes a new kind of meme.  Roll Eyes
1037  Other / Meta / Re: Can I stake multiple BTC address? on: October 07, 2023, 04:34:23 PM
In case someone uses his BTC and ETH or other address in the forum and he only have access to his ETH address or any other address from a different blockchain.

I think it depends a lot on the account at stake to be recovered.
Although the pinned posts clearly say only BTC there is at least one case of recovery via ETH:
https://bitcointalk.org/index.php?topic=5284615.0

Sometimes we lose access to our seed phrase if we are not serious enough about our account security.

Same thing I asked OP about, if you can't keep your seed safe, then what about your coins?
1038  Bitcoin / Bitcoin Discussion / Re: I want to fulfill my mother's dream of building a house with Bitcoin. on: October 07, 2023, 04:20:09 PM
My mother has a dream to build a house, maybe in the future I will have to help her fulfill her dream because my father is spending the money he earns on my education and running the family so at the moment he cannot afford to build a house.

What happened with the dividends from your successful farm that was earning you enough money to invest in Bitcoin?

After few years I kept saving money and with the saved money I started a quail and pigeon farm. After two years of service I got a fairly good benefit from them. ~ A few months ago when the bitcoin market was 17 thousand USD I invested 80% of the dividend in the bitcoin market and I still hold it.

You must pray for me

That's not how prayers work!
But I will pray that next time you get your merit stories right!
1039  Bitcoin / Bitcoin Discussion / Re: What Do You Guys Think About This Simple Analogy? Anything to Add or Remove? on: October 07, 2023, 04:07:25 PM
The Internet is a tool and people choose to use it or not. How much harder will life be if they don't use Internet. I tell them that at some point life may be much harder if they haven't adopted bitcoin.

Are you really comparing the internet with Bitcoin?
I've always said what lacks here is moderation when thinking of your assets, just like gold bugs think of gold coins coming back in usage or gold spiking to 100x times its value some bitcoiners who have spent too much time only in this bubble can't see anything beyond this.

Just think, we have 40 million addresses and around 400 000 transactions, a world where 4 billion use the internet daily, make 1.6 billion online purchases, and almost one third of them have a job that needs the internet. If you want to make a comparison, just think about what will happen tomorrow
a) there will be no internet
b) there will be no bitcoin
Can you realistically compare the two scenarios?

Bitcoin hasn't grown enough yet to deserve this, is still just still in an adoption phase and to be honest, other than the rise in value, adoption as in numbers is not as smooth sailing as it would have been supposed to be.

People who have worked in Bitcoin will never be able to move on without Bitcoin in front of them because

Common, don't be a drama queen! The world dropped gold and it went on, the world dropped cash and it did fine, do you think that everyone would just jump out of their window and commit suicide because there is no Bitcoin?
How the hell did they manage to stay alive before 2009? Just as they did befoe they will do from there on!


1040  Other / Meta / Re: Can I stake multiple BTC address? on: October 07, 2023, 03:24:46 PM
I want to change my Bitcointalk password because it's been some time since I changed it. I feel like we should change our password at least once a year. But I don't like the message that says, This user recently changed the password. It may sometimes make others suspicious. That's why, before changing the password, I want to make a post on Bitcointalk saying, I, DYING_S0UL, the real owner of this account, am going to change the password.

Oh god, imagine we would have 10 000 users changing their passwords so each day we have two full pages of me x I'm changing my password!!! People are going to get bored by it and nobody is going to give a damn about it anymore.

Nobody is suspicious of you changing that or reading the message, it becomes suspicious when you're a trusted member here, you go offline for two weeks, then you change your password and you post malware links, that's when everyone is suspicious, or when after 8 years of writing only French you change it and start speaking Indonesian or Nigerian or Russian only.

That's why we see many cases of losing passphase or private keys due to hardware or software failure. It can be intentional or unintentional. Hacking, phishing or other means. Accidents happen, regardless of the precautions we take.

Shouldn't you be more concerned about your coins rather than a member account on a forum?
Fix those issues first if you think you're in danger of losing a seed or a privatekey!
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 [52] 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 ... 737 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!