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361  Bitcoin / Bitcoin Discussion / Re: What are your predictions for the state of Bitcoin in 2024? on: January 09, 2024, 08:13:07 PM
It is true that the network, not the price, determines Bitcoin's superiority. That's right, and 1BTC always equals 1BTC. But I never thought Bitcoin would be so wasteful. When Bitcoin was at $55K+, I had a clear idea that it might touch $100k. But that's not how we saw the loss of BTC.
What do you mean wasteful? The market does not follow the idea you have about it, it's influenced by other factors.

It allows us to buy when the price drops. But did you ever think that Bitcoin would be so cheap?
I've seen it as cheap as $3k.
362  Bitcoin / Bitcoin Discussion / Re: Help me understand sending transactions privately between my own wallets on: January 09, 2024, 08:09:14 PM
Has your security and privacy been compromised at any point? If not, then you can make a simple transaction with a new receiving address on wallet B.

Would it then mean just simply sending over the coins in multiple transactions with different receive addresses each time to avoid a single UTXO?
Sending through multiple transactions does not help much to provide privacy except if combined with other features. You can send them in different transactions through a mixer to blur the trail or convert to Monero and then back to Bitcoin.

or is there anything else that can be done to emphasize a bit of extra privacy? Would connecting to a vpn beforehand make any difference? Sending everything over in one transaction would save on fees but it would compromise privacy correct?
A VPN does not provide privacy for a Bitcoin transaction, it can minimally help to protect your location but exposes you to the risk of the VPN server logging your details.
363  Bitcoin / Bitcoin Discussion / Re: Three basic fact you would love to know about bitcoin on: January 09, 2024, 07:55:57 PM
BTC is also more stable and has more value than other cryptos, because it is the first among others and has a rather steadier market value of which competes with dollar and gold currently in the market of foreign exchange.
Bitcoin has more value than other cryptocurrencies because it offers for value. It's decentralized and secure, two features you will not find on almost all altcoins.

Bitcoin is not competing with either dollar or gold.
364  Bitcoin / Bitcoin Discussion / Re: Three basic fact you would love to know about bitcoin on: January 09, 2024, 07:22:04 PM
1. The coins are created by users who "mine" them by lending computing power to verify other users’ transactions which use blockchain technology.They receive Bitcoins in exchange.
Miners don't create coins, they receive them as a reward for solving the puzzle. Also, nodes verify transactions, miners confirm them.

3. Bitcoins have to be stored in a digital wallet, either online through an exchange like Coinbase, or offline on a hard drive using specialised software.
Never store your bitcoins online and never use an exchange for storage.
365  Economy / Economics / Re: Crypto: a place where everyone makes money, but few secure it on: January 09, 2024, 06:37:20 PM
I went through a similar phase when I first got into Bitcoin.
During the first few months or years, my focus was on altcoins, particularly how to get the right project early and hold on to it as the hype grows. This was moderately profitable for the short term, but offered no viable investment option long-term.

I eventually after lots of lessons learnt focused more on investing in Bitcoin and moving away from highly volatile altcoins, which meant slow and steady growth with no "sudden" riches.

Some learn through the experience of others, some experience it and learn from that.
366  Economy / Economics / Re: How influential is crypto worldwide? on: January 09, 2024, 06:29:56 PM
Firstly, I never said it needed to grow bigger than these industries...If you actually read the rest of my post instead of snipping one sentence, then you would see that I was illustrating the remaining potential of Bitcoin and cryptocurrency in comparison to national, centralized markets and stocks.
I did read the rest of your post, but I don't quote entire replies when I'm responding to them.
I understood what you were saying, my point was that there should be no comparison at all between the two industries, and that's the exact same point I was making in the first reply I made which you quoted.

Think about it, US banking stocks are on par with Ethereum, however Ethereum is open to the entire world...what does this say about its potential? Bitcoin is on par with Tesla, a company specializing in generating revenue primarily from electric vehicles. While having a larger reach then US banking shares, its reach is still not as far as that of Bitcoin.
Definitely looks good on paper and to an extent indicates how much Bitcoin has grown in the short space of time and the remaing potential for growth. I just feel, and this is only my personal opinion, that it sets the wrong precedence and helps on the narrative that Bitcoin is about the numbers, which ultimately leads us to having holders that don't care about privacy or decentralization.
367  Other / Meta / Re: Any moderator here? on: January 08, 2024, 09:55:41 PM
I want to back my old profile. But, if is unrecoverable, ok, I must use this one, which I need do, to write this. I am from Czech, our words is in different format against US, but as I wrote before, You understand, which I wrote.
If you old profile remains banned, you cannot use any other account.

The ban is on you, who is behind the computer and not on the account. Any account you use is ban evasion, which will get you banned.
368  Bitcoin / Bitcoin Technical Support / Re: Am I being scammed again? on: January 08, 2024, 09:43:00 PM
Your data seems to have been leaked,otherwise, how would they know about you and contact you directly?
It's a rinse and repeat method scammers use

After a successful or not so successful scam, they compile the details and sell it to other scammers who can attempt to scam those victims or the same scammers will pose as a recovery service to try and milk out more money from you.

Once you've been scammed or encountered a scam attempt, the chances of getting another one is very high, except you ditch all your personal information you were linked to.
369  Other / Meta / Re: [Userscript] Auto-Save your posts to drafts on: January 08, 2024, 09:36:36 PM
<snip>

There isn't much I can do since the script is stateless, meaning that every time you refresh, reload or navigate to another page the script runs from the beginning again. Maybe I could save the last draft to your browser's localStorage so it persists and checks if it's the same post you were writing before, but I feel like this is bit too much.
Thank you for the prompt attention.

I guess I'll just try not to bounce back and forth much. There is no practical situation that needs that so you shouldn't bother much to fix what isn't really a problem.
I just pointed it out incase it was a bug.
370  Economy / Economics / Re: How influential is crypto worldwide? on: January 08, 2024, 09:29:17 PM
When this is considered, the suggestion that these cryptocurrencies could grow larger than some of the world's largest companies (as some, like Bitcoin, already have, is not an unreasonable one.
Firstly, Bitcoin does not have a need to grow bigger than those industries. Finances is a game of the centralized, corporate world and they have so many tricks to keep winning that game.

Bitcoin is not about the numbers game, it js an alternative to that entire system. An escape from the financial trap that the governments have set up.
371  Bitcoin / Bitcoin Discussion / Re: Is this the kind of world you want to live in? [read] on: January 08, 2024, 09:23:58 PM
It seems like a lot of people on this thread are oblivious to the privacy threat which has been afoot for sometime now.
Exchanges and mining are the two major points where privacy and decentralization can be lost, and at the current direction both will be hugely centralized in the coming years.

and although it seems quite possible such as BlackRock buying the shares of the BTC mining farms, it looks like there is no reaction to it since we are trusting so much of the network that they will not be able to control it since there are other countries who are also mining BTC.
We shouldn't trust. I believe there should be a protocol feature to prevent centralization.
372  Bitcoin / Electrum / Re: Electrum: send transactions status Unconfirmed after 12 hours on: January 07, 2024, 01:46:52 PM
I don't think this is normal. How do I get this resolved?
You used a fee which is below the current purging rate, meaning your transaction will not be confirmed by any miner.

If your transaction purpose is not urgent and you're not ready to spend more than 20 says/vbyte to get it confirmed, you can allow it to be dropped by nodes.
If you want it confirmed, choose your priority fee and bump it to that, then rebroadcast.

Current rate;
Low, medium and high priority is approximately: 34, 37 and 42 satsvbyte.
373  Economy / Speculation / Re: BTC ATH ~~~ on: January 07, 2024, 01:38:06 PM
This Pattern, will it forever return true for every Halving or there could be a possibility of the New ATH not surpassing the successive previous ATH.
Nothing is sustainable forever.

The capacity of growth an industry has is correlative to how much wiggle room there is or how much money can sustainably be moved into it. We can already see reduction in how much growth there is in the Bitcoin market over the last 5 years;

• From 2019 to date
The price has gone from ~$3.5k to $67k
That's approximately ×20

• From 2014 to 2019
The price went from ~$400 to $18k
This is approximately ×45

If the trend continues we should be having lower and lower price increases until it levels out eventually.
374  Bitcoin / Bitcoin Discussion / Re: BTC unconfirmed transactions exceed 500k on mempool on: January 07, 2024, 01:26:24 PM
LN is trash and not a solution i dont know why peoples keep talking about LN lets say you want to transafer 50$ in btc
you need to open a channel and to do so you need to spend no less then 50$ to receive 50$
If you want to transfer $50 in Bitcoin when fees were as low as 1sat/vbyte then you have a really good deal, cause you can spend on coffee or any other really low expense you make regularly for little to no cost, over several weeks.

LN may not work for everyone and is dependent on the current network congestions and the user's needs.
375  Other / Meta / Re: Old account revival on: January 07, 2024, 01:14:36 PM
I know the email, who is the best person to message?
If there was a breach, the hacker 'knows' the email too, it will be on display in your profile before they changed it. Only use the original email it if as suggested above you are the only one with access to it.
376  Other / Meta / Re: [Userscript] Auto-Save your posts to drafts on: January 07, 2024, 01:06:32 PM
Great work TryNinja. I don't write long texts regularly, but it helps to have a back up for the situation where you risk losing a message you took a lot of effort to write.

Could be just me, but the message icon beneath the text box is a bit of an eye full. Might be easier on the eyes if only the time of the last update is shown and not the date.
Also, when I go to drafts and return to the post the "Auto-Save draft is activated!" message pops up again and again, as I bounce back and forth.
377  Economy / Economics / Re: The liquidity of Bitcoin to ECOWAS. on: January 06, 2024, 06:09:55 PM
Btcoin is the tool to financial freedom as displayed here. Money for so long has been a colonial tool used to control the public and determine which direction wealth flows in.

Prior to Bitcoin the only other option to escape a financial prison will be to transact using exchange of goods, but Bitcoin offers a secure, borderless, and decentralized means of exchanging value. I am.very optimistic for how much it can be used in the next couple of decades.
378  Other / Beginners & Help / Re: Back after long hibernation! How to gain Merit !! on: January 06, 2024, 05:59:56 PM
Welcome back to the forum.

Since you're looking to get into a signature campaign just post the way you would if you were already chosen to join one of those campaigns and it can get merited by others. The merit requirement is not very steep, most of the campaigns require an average of 5 merits within 4 months, so you have till April to get that.

Just focus on getting back in tune with the Bitcoin space and the forum generally.
379  Bitcoin / Bitcoin Discussion / Re: What are your predictions for the state of Bitcoin in 2024? on: January 06, 2024, 05:46:18 PM
Do you think Bitcoin will be superior by 2024?
Bitcoin's superiority is not determined by the price but the network.
1BTC is always equal to 1BTC and the network functions the same way right from when it first went online. When the price drops it gives you an opportunity to buy more at a discounted price.

Hownlow do you think fiat will drop in 2024?
380  Other / Meta / Re: Why was the gambling risk warning removed? on: January 04, 2024, 11:53:54 AM
The gambling board is one of the most active ones on the forum and threads move down there or four pages within hours, while this could be a period of 2-3 days.

Did you search for the thread by name or just scanned for it on the first few pages?
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