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1661  Bitcoin / Bitcoin Discussion / Re: What could these 4000+BTC whale addresses possibly be up to? on: August 29, 2022, 08:29:49 PM
The addresses are not only active, but are constantly sending out transactions to different addresses within a short period of time.
The consistency of the transactions are odd, but that doesn't make it mysterious.

Does anyone know what this could possibly be? Is it bots trying to "launder" Bitcoin?
Money laundering is not the first guess for odd transaction activities.
Could be an exchange address or a whale obfuscating the trail of their transaction.
1662  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be worth zero? on: August 29, 2022, 07:46:00 PM
But is there any history in the early past of it that this has ever happened?
No, Bitcoin has not had a 51% attack, as far as I'm aware.
Comparing the risk and reward ratio, attempting such an attack on Bitcoin would be very difficult to pull of. For one, it has a huge capital requirement to even attempt it, and there's no guarantee that the attacker would actually get any benefit from it.

The hashrate is also growing, making it more difficult with time.
1663  Economy / Speculation / Re: Will Bitcoin hit 2022 low again? on: August 29, 2022, 06:52:59 PM
I'm indifferent on the outcome. We are about 4 months till 2023, and the price action in such a small window, does not factor much into the long term chart.

If I'm forced to pick a yes/no option. I'll go with No, as I do not expect us to break such support levels anytime soon.
1664  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be worth zero? on: August 29, 2022, 04:26:53 PM
One month, a coin may be at its peak of value, and the next, it may have almost no value at all.
Most likely it was a shitcoin which was riding on hype and had no real value whatsoever.

But what would happen if the oldest and most valuable asset on the market, Bitcoin, dropped to zero?
What would happen if gold or real estate dropped to zero.
Bitcoin has survived long enough to not have this type of arguments around it.
1665  Bitcoin / Bitcoin Discussion / Re: get an email notify whenever the balance of pre-defined address changes on: August 29, 2022, 03:58:08 PM
is there a technical possibility to be alerted by email or SMS as soon as a freely definable address receives or has sent a payment,
Yes it's possible. Most web wallets do this by default, but they are not advisable to use for storage.
This would be a bit more difficult to do on a non custodian wallet like electrum.

Do any of you know such a free service on the net? Or maybe the technical implementation of it so one could fulfull this task maybe by running his own full-node and block explorer?
There are some scripts for this around the forum, but I would not recommend any, as I've not used them and you will need to be security conscious.
To get real time alerts for transactions electrum would need to be active 24/7.

You can of course try to create a plug in yourself by connecting to a block explorer and linking an address.
1666  Economy / Economics / Re: Global inflation rate from 2017 to 2027(compared to previous year) on: August 29, 2022, 03:26:18 PM
As you mentioned, a global inflation rate would mean little to many people around the world. There are lots of countries, living in different realities, and that cannot be summarized into a general percentage.

About the prediction on the inflation rate going down over the next 5 years is probable, but depends on so many factors that it's almost impossible to predict. No one could have envisaged the lockdown of 2020 due to the pandemic or the oil crisis happening now due to the ongoing war in Ukraine.
Government fiscal policies also plays a huge role in how different countries react to inflation.
1667  Bitcoin / Bitcoin Discussion / Re: Justin Bons baseless criticisms on: August 29, 2022, 03:07:05 PM
I propose we have a dedicated thread, were users can post shit arguments against Bitcoin, made on other platforms, and the community can challenge such propaganda on the platform it was posted.

Posting this only gives more attention to such persons, and ignoring them could allow them spread more lies. So a middle ground is a dedicated thread, such news gets reported there and can be countered or reported and does not give much publicity.

But since Elon Musk acquisition of twitter there have been few changes I don't know maybe this procedure still works though
AFAIK, Elon Musk has not acquired Twitter yet.
Last I heard, there was the argument about audits on how many percentage of users are bots and that seemed to be the deal breaker, for now.
1668  Other / Beginners & Help / Re: Spend your valuable times and get valuable knowledge on: August 29, 2022, 10:13:31 AM
Now i want to get more and more information how to improve my poor English writing /speaking  Embarrassed
A Forum user, Jet Cash, used to run a program designed for non native speakers; Fit to Talk Project. I say 'used to' cause I'm not certain how active it is at this time.

Bitcointalk is honestly overrated in terms of learning in general. It's great for having questions and discuss/debate certain news and topics, but if you're a beginner you're better off reading articles off the web.
I have many issues learning off articles, for one, you get a one sided opinion, from the writer. This is different from a discussion, where users can correct and add to already said points.
Also, articles are not usually updated, and search engines are more likely to bring out older ones, with more engagements than newer ones, hence, there could be a gap in knowledge.

Learning how to use the search option effectively can unlock so many ways beginners can learn from the forum.
1669  Bitcoin / Bitcoin Discussion / Re: Why do you all ignore alternative tech on Bitcoin? on: August 27, 2022, 08:22:29 PM
Is everyone just content to let this market segment slip away to other shitcoins?
Investments that go to shitcoins were very unlikely to go into Bitcoin, if those shitcoins didn't exists.
Trends are fancy and attractive, and give huge returns to some, fast; sort of like a get rich quick scheme, if you can identify it early.

Bitcoin is very different from a trend, and is not built on hype. Those who follow hype, would not be interested in an appreciating asset, which one has to hodl long term.
1670  Other / Meta / Re: Bumping of sale threads with alts on: August 27, 2022, 05:44:50 PM
Is there any way to put a check on this ?
• Create a thread or reply (here), with evidence that the accounts are related.
• Report the thread to moderators and in the report, link the connected accounts and the thread(s) they are bumping.
• You can also leave a tag on the account (preferably neutral).
1671  Other / Meta / Re: Additional security measures to keep account secure on: August 27, 2022, 03:19:47 PM
IThe vast majority of others have never had such a problem because they know that each password should be unique and long enough to prevent someone from accidentally guessing it or breaking it with the brute force method.
I don't have stats to back up my claim, but I assume that majority of account breaches are a result of users entering their passwords into phishing websites and not brute force.

There are constant reminder on various websites when signing up on the importance of password strength, with many requiring lower and uppercase letters, special symbols, and numbers, so people are more likely to pick up on this, but proper security while on the internet is not talked about enough. So, someone can easily enter their passwords into an unverified website.
1672  Bitcoin / Bitcoin Discussion / Re: Prince Filip of Serbia encourages the inclusion of Bitcoin education in schools. on: August 27, 2022, 08:38:38 AM
If people would truely understand fiat money, they'd use Bitcoin!
Right. Financial education as a whole is not taught enough in schools and many people are unaware how money works, besides earning and spending. Mandatory financial education will make people understand why they need alternative assets which hold value, such as Bitcoin. (Although Bitcoin does one better by functioning as a payment alternative).

The reality is not everyone would be interested in Bitcoin or keen to use it, it doesn't have to be imposed on kids, if they do not care for it. Financial education on the other hand is pivotal to everyone.
1673  Other / Beginners & Help / Re: Can btt email account be changed on: August 26, 2022, 08:34:25 PM
Mind you, your access to the first email you use to register must still be accessible, code will be sent into that mail first just to be sure the real owner is trying to change his or her mail account.
AFAIK, this is not correct. You only need the correct password to be able to change the email linked to the account.
A notification email would be sent to the initial email used to open the account, but that is not about a code to "confirm the change", it's a security measures with a link to lock the account, if there was a hack.
1674  Other / Beginners & Help / Re: Is going to a the bitcoin conference worth it? on: August 26, 2022, 10:47:38 AM
I wouldn't risk my privacy(might be a honeypot *wears tinfoil hat*) just to see it live, unless I'm there to promote a business/service and/or connect with people.
This! The privacy risk is high when attending such conferences, and this risk increases when it is around your locality.

Literally every information one would need about Bitcoin is available online, so the only reason, I see, to attend a conference would be to network. This is useful for a social media personality or one selling a service, but regular Joe's who are into Bitcoin, can do without that publicity.

If you must attend one, be wary not to disclose personal information and be sceptical of any offer or service being marketed.
You get to see first-hand the interest of others about Bitcoin and maybe get it off your bucket list.
1675  Economy / Exchanges / Re: Samsung Investing on Crypto (Bitcoin) in South Korea on: August 25, 2022, 08:52:33 PM
Investing in cryptocurrencies is different from starting an exchange platform.

Samsung gave the announcement in this week that they are launching bitcoin exchange platform in South Korea,
A crypto exchange platform, it is not peculiar to bitcoin.
Samsung is a South Korean company, but I've not found any suggestion that the planned exchange would be limited to South Korea.
1676  Economy / Trading Discussion / Re: Is trading gambling in another form? on: August 25, 2022, 04:25:26 PM
Gambling is betting something valuable on an uncertainty outcome right?
This is the blanket definition of gambling, there are more niche ones which are particularly on placing bets on the outcomes of games.
Gambling as a concept is represented in many things we do; if you take up a new job in a new, developing city with potential for expansion, you are taking a gamble, if you guess an option in an exam, of which you are not sure of the answer, you're also taking a gamble. In this definition, trading has a bit of gambling in it.

Trading is a bit of a gamble, but, it's not the same as placing bets on real or virtual games. It however, has some similarities with them, imo.
1677  Other / Beginners & Help / Re: Curious Question About Making First or Second Page on a Thread on: August 25, 2022, 04:16:49 PM
I have been keen to notice that some certain users such as... Upgrade00 ... usually make either first or second page on most of the boards. Is this because they feel the same way as I do or because their signature campaign requires that they make first or sencond page.
The campaign I'm on requires only a limited amount of posts to be made in threads exceeding a certain number of pages. This is however not the reason I make replies often on higher up pages.

Generally, quality discussions on most threads last for only a while, and a huge percentage of opened threads now should be locked already cause it has been extensively discussed and the current replies are redundant. If I stumble on a post that has already been answered to, (if it's a question) or I don't have a new suggestion from what's been said, I have no reason to reply.

There are of course megathreads, exceeding 5+ pages, with quality and relevant conversations. Excluding those, users who comment on certain megathreads do so, cause they either do not read previous replies or just want to boost their post count (one reason some campaigns do not accept many of such posts)
1678  Other / Meta / Re: Push-down option. on: August 24, 2022, 10:52:06 AM
Locked topics are frequently used on the marketplace boards, where scammers advertise in locked topics to avoid warning posts while they lure victims to their Telegram account.
This was what came to my mind as I read the topic title, before even clicking in to view the thread.
A sort of opposite option to the bump which is used in some announcement boards, to push scam threads (and some obvious trolls maybe) off the first page.

Such scam posts cannot be reported to moderators or no action would be taken, so a community solution seems like a great option.
1679  Bitcoin / Bitcoin Discussion / Re: We are all Hodlonaut on: August 23, 2022, 08:34:20 PM
This is a sad scenario. I remember once asking on the forum why everyone not just ignore CSW and the other people impersonating Satoshi. I got my answer in that thread, on how they can spread narratives and with enough back up from the media control those narratives.
This situation further proves how I was wrong and people like CSW should not be ignored.

Would be following up the case and donating to Hodlonaut defense cause.

Hodling is part of the game. You want more profit you need to hodle. The more you hodle the more valuable it becomes. Hodlers are  high earners.
There is no point mindlessly spamming around the forum. You are already a member ranked user and would need merits, not only activity to rank up. Try reading before you comment.
1680  Bitcoin / Bitcoin Discussion / Re: Started accepting Bitcoin as a 4th means of payment in my noddles DEPOT on: August 23, 2022, 07:38:50 PM
That's a big step you took there.
Bitcoin (or crypto in general) availability as a payment option is Nigeria is quite low as not many merchants accept or use it. Having a physical store take it as payment for a regular commodity is a big step in the right direction.

Hopefully, more merchants see what you're doing and join you in accepting cryptocurrencies for payment
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