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September 21, 2024, 06:59:47 PM *
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581  Bitcoin / Bitcoin Discussion / Re: What Will Happen If the Mt. Gox Stolen Funds Start to Move on: April 09, 2024, 01:52:17 PM
since it is practically impossible to verify the identity of miners who process a transaction.
The founders of the top mining companies are actually known and which miner confirms a particular block is public information.
582  Bitcoin / Bitcoin Discussion / Re: What Will Happen If the Mt. Gox Stolen Funds Start to Move on: April 09, 2024, 10:12:13 AM
Is it really? Today the No1 mining pool controls 30% hashing power. If you combine the No1. and No2. They two together control over 50%. Both of them are KYCed.  You think it is really decentralized?
It is potentially decentralized. Centralization should come with control and the ability to manipulate the system to suit your wishes. When you run the risk of losing your position if you try to act with malicious intent, you do not control or regulate the system but benefit from it.

There is no legal implication of accepting an initiated transaction from that address, they only have to give authorities information in it should it be demanded.
583  Other / Beginners & Help / Re: Risk of import wallet seed to a new web wallet, to chase airdrop on: April 08, 2024, 03:39:42 PM
This has been said many times over, but it doesn't hurt to mention again cause people still fal victims.

The risk to reward ratio in chasing airdrops is very lopsided. You risk your privacy and assets for the possibility of earning a good amount, but the reality is 99% of them go bust and never get to even have a value and lots of those were created specifically to scam you.

If you must, protect your wallet first.
584  Bitcoin / Development & Technical Discussion / Re: Some special transactions about F2Pool. on: April 08, 2024, 03:55:49 AM
The fees for those transactions are not zero as can be seen on a block explorer, but they are low.

The OP_RETURN feature means those transactions are unspendable. It was added to the network to reduce the incidence of people including messages into a transaction and increasing the size of it, that can be done now using the OP_RETURN command.
585  Economy / Economics / Re: considering the advantage of Fiats over Cryptocurrencies on: April 08, 2024, 03:21:23 AM
Well, that's sorta true but not totally.  Banks aren't perfect, sure, but least they got FDIC to cover your cash if they go under.  With crypto you lose your password or get your wallet hacked and boom, your money vanishes. 
FDIC insurance covers losses due to bank failure. If you lose your banking password or your app gets hacked and your funds stolen the bank does not restore them. All losses of bitcoins so far have been due to external factors, it means none of them would have been covered by insurance.
FDIC only insures up to $250,000 leaving a huge chunk for some uninsured.
586  Other / Beginners & Help / Re: Tips for Bitcointalk Newcomers on: April 07, 2024, 05:36:38 PM
Put in some effort
This is the honest advice I give to newbies who want to create a space for themselves on the forum. You have to put some effort in so you have something to give out to other members and in return you'll get recognized for your efforts. Do not direct your efforts into how you can rank up or spam or create merit fishing posts, but how you can benefit other members.

Know your niche
Creating a niche for yourself can help you perfect the knowledge you have on that topic. Your niche could be the Bitcoin technical discussion, economics, altcoin discussion, gambling etc. Ensure you know your stuff in that niche.

Be active
If you want to be a regular user and benefit from only reading from the forum, you do not have a need to be constantly active, but if you want to ride up the ranks you'll have to be active and lend a helping hand t members when you can. Having your replies in the first page of threads help to get more attention, the higher up the page the better.

The most important factor still remains the quality you're giving out.
587  Other / Meta / Re: Can a lost account be recover? on: April 07, 2024, 05:23:29 PM
If you used a random email during registration, you can change it now to avoid complications in the future.
If you used a random address, instead of changing it on your profile you should hurry to check if that address has been opened by anyone to try and claim it for yourself.

In account recovery, the original address used when opening the account has more weight than any address it is changed to later on, for the reason that a hacker can change the email address.
588  Economy / Economics / Re: considering the advantage of Fiats over Cryptocurrencies on: April 06, 2024, 08:43:40 PM
The bank is not usually responsible for issues customers encounter and they sometimes are swindling you for their own benefits. There will always be use for banks in the financial system, Bitcoin does not want to replace that. Bitcoin gives you an option to be your own bank and store your funds the way you want to.

Bitcoin is still a speculative asset and no one should be moving their entire funds out of fiat systems and into Bitcoin.
589  Economy / Reputation / Re: If you were a campaign manager would you select these members for campaigns? on: April 06, 2024, 12:49:52 PM
I will assume each manager will have their criteria for selecting participants into their campaign. Could be the board they post in, merits they have, consistency of their posting across several boards, reputation, longevity on the forum. It will be a can of worms to debate the rationale behind the selection of users by a manager.
The amount the campaign pays also affects the quality of participants they can attract.

If I were managing a campaign today, I'll most likely not take that user, but no manager has to share my sentiments
590  Other / Beginners & Help / Re: I need a guidance on: April 06, 2024, 12:27:20 PM
By this system, I'll assume you're referring to this forum. This thread was made for newbies to get the hang of the forum quickly. It's a long read and there are so many links to check out, so take your time with it.

This is just a forum and not a system, treat it regularly and interact naturally with other members. The search options will allow you access all the posts that have been made on the forum which will cover any subject of interest you may have.
591  Other / Meta / Re: Identifying the linked-to post in a topic (SMF patch) on: April 06, 2024, 07:52:37 AM
<snip>
Reading the thread shows that OP was asking for personalized suggestions, basically the pov of other users. I personally will easily keep tabs on a reply if it is highlighted to me once I land on the page, even if hat fades of later. And it's a middle ground between having less obvious markers which can easily be missed and loud ones which will stand out too much in the page.

Try having some individualized opinions yourself, not so hard, eh?
592  Other / Meta / Re: Please Recover My account on: April 06, 2024, 07:39:55 AM
"Thank you very much brother. Next time i will keep these thing in mind and won't repeat this mistake again
If your account is recovered with that email, you're already putting your account at risk. You should instead sign another message, with another email address and send that only to the recovery email address, not here on this thread.

Both mails will be viewed same time and the latter will take priority.
593  Other / Meta / Re: Can Grin become a payment method again? on: April 05, 2024, 04:50:02 PM
for a long time the forum only accepted btc because, well, bitcointalk.org i guess. altcoins were specifically excluded iirc.
grin was the sole exception due to its tech i believe.
It's best if it remains restricted to Bitcoin or Bitcoin side chain and off chain scalability solutions.

Theymos cannot guarantee if an altcoin project will remain the way it is 10-20 years down the road just as Bitcoin has been. If the forum adopts another payment option, it's an endorsement of it, a huge one at that. If it fails it gives the forum a very bad look and leave a gap open needing to be filled. Could easily just be one failed experiment after the other.

The evil units fee should have already been discontinued and a LN Chanel opened for copper membership payment.
594  Other / Meta / Re: Identifying the linked-to post in a topic (SMF patch) on: April 05, 2024, 04:40:16 PM
Sometimes the post you're looking for will not even be on the landing page after clicking on the link. This I believe happens when some posts in the thread were deleted. Will this pose a problem or it happens too few times for it to actually matter.

I will also want a more obvious marker, maybe a darker highlight that fades away after a few seconds on the page. Is this even a possibility?
595  Other / Beginners & Help / Re: Post Bitcoin Halving - Rewards, And Risks on: April 05, 2024, 11:54:36 AM
Always self preserve. Your security is paramount and is best protected by avoiding any unnecessary attention to yourself. That being said, if you already drive an expensive car, that in itself is already a potential target for thieves. Whatever means the money was made through doesn't matter to them, only how to convert it for themselves.

596  Other / Beginners & Help / Re: Creating something which will change alot on: April 05, 2024, 10:56:21 AM
The website looks neat. I like the colour design and the general layout looks very easy to mavigate. The colour is good on the eyes.

As suggested, putting them into alphabetical order will make it easier to find, or better still list the most common ones first to catch the attention then others come alphabetical or by order of use.
597  Bitcoin / Bitcoin Discussion / Re: Would you advise a friend in the same way? on: April 05, 2024, 10:20:18 AM
Cooperations function differently from how individual retail investors do. Without more information on the cost of production of the company, cashflow and whether or not it's privately or publicly owned you cannot give an advice on investments they can make.

You also cannot relate just any business with Microstrategy, they have different goals, cash flow, profit returns and investment targets.

As a rule of thumb, I do not advice anyone to invest in Bitcoin or in anything at all. I can only tell you the merits an demerits I have recognized and allow you make your decision.
598  Economy / Economics / Re: Does sound money have to be Private? on: April 04, 2024, 09:47:04 PM
but as bitcoin technology is advanced and secured it can also be used for doing hidden transaction or transactions that is made because of someone doing a crime
There are no hidden transactions. Everything is publicly accessible as it's a public ledger. On crime, that is not peculiar to Bitcoin and it's also not the most used for illegal transactions, not even close.
599  Bitcoin / Bitcoin Discussion / Re: What are some major institutions investing heavily in bitcoins in 2024 ? on: April 04, 2024, 08:47:24 PM
And how is it going to impact the future prices for bitcoin according to you ?
Institutional investors can hold Bitcoin for much longer periods of time, bitcoins which could have otherwise increased sell pressure on the market or could have been dumped by panic sellers during dips in the market. The major benefit this has on Bitcoin is that bear curves will not be as steep as it used to be and recoveries between bull periods will start to have less and less dips between.
600  Economy / Economics / Re: Does sound money have to be Private? on: April 03, 2024, 08:59:33 PM
I think the creators of Bitcoin were trying to say that you can't have sound money if it is not Private. That is why they made it as private as they could make a public ledger.
I don't think the creator of Bitcoin was trying to define what sound money is. Satoshi was trying to solve the problem of third parties mediating and controlling transactions. Bitcoin bypassed that trust system which the banking system is built on and created a verification system.

There was no allusion to what sound money is or what it should be.
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