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May 03, 2024, 07:45:35 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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1  Local / Română (Romanian) / Re: Concursuri/tombole pe bitcointalk (sau pe aprope) on: April 30, 2024, 02:58:50 PM
Ups! Asa este

Probabil ca ar fi trebuit sa scriu si eu ca e alt concurs, dar na, noi sa fim sanatosi.
Bafta sa ai!

🏆 Blackjack.Fun | Brentford - Fulham ' May 4th ⚽ Win $5

Ai reusit sa ma sochezi pentru doua secunde Cheesy
Scrie te rog 50 Wink
2  Local / Română (Romanian) / Re: Concursuri/tombole pe bitcointalk (sau pe aprope) on: April 29, 2024, 05:28:09 PM
🎁 HugeWin | BTC Price Prediction ' May 12 | WIN $50!

Postasem si eu concursul acesta aici Smiley Nu e bai... sunt prea multe acumsi se mai incurca...

...Esti sigur? Ca eu vad ca ai postat un concurs identic al BC.Game, iar cel postat de mine este sponsorizat de HugeWin. Conditiile 100% identice, doar sponsorii diferiti.
(Dar sunt de acord ca e greu de vazut, cred ca m-am mai plans de asta.)
3  Bitcoin / Development & Technical Discussion / Re: VanitySearch (Yet another address prefix finder) on: April 28, 2024, 05:04:51 PM
So it is my own lottery where a winner is only me.

Apart of the fact you are just wasting electricity (you'd be better with mining some altcoins), but you don't care about this detail, I want only to add that if (the hell freezes off and) you jackpot, if you move those coins away that's called stealing.
4  Bitcoin / Bitcoin Technical Support / Re: Bitcoin core : Rolling Forward very slow on: April 28, 2024, 04:57:49 PM
it would take me 6 days

I had my own issues recently, but it's not unexpected since I had my data on an external HDD.
I ended up re-downloading everything and, with an old trick it went fast and painlessly (although on Windows, heh) :
I've moved to my (rather small) SSD 3 folders (block\index, chainstate, indexes\txindex) and creaded symbolic links to them.
5  Other / Beginners & Help / Re: Profit evaluation – Hodl instead of mining on: April 28, 2024, 04:44:37 PM
Hosted miners or Cloud Miners are even charging a fee to set up and operate

I would get cloud mining out of this equation, since the vast majority of them are HYIP/Ponzi scams disguised under websites showing some fancy images and numbers.
6  Bitcoin / Mining / Re: If you have $200,000,but no miners, no mining experience,and no cheap electricit on: April 28, 2024, 04:38:02 PM
this is a great time to build a mine.

This is a surprise for me. I value a lot your experience, plus.. did you also take into account the fact OP said he's inexperienced?
Extending a mine, possibly. Investing something in power generation? Yes. But new mine... hmmm..., I felt like it's late in the current cycle. But well, you do know better.


If you gave me the choice of 200k in btc or a proper mine with five cent power.

I would want the mine.

I don't doubt that. You have the experience and... the virus to say so Smiley
7  Other / Politics & Society / Re: Will communism ever be realized? on: April 28, 2024, 04:27:26 PM
A society without classes, private ownership, and where resources are shared by all.

Human nature prefers competition.
Humanity comes with innovations and evolves out of necessity and competition, things that in theory the communism doesn't bring.


Even more, almost half of my life was under communism and I can tell you that sharing and equality were huge lies: sharing meant nobody had almost anything (even food was scarce) and equality meant that the higher ranks of the party were living in luxury while the commoners were the ones working and getting no benefit at all on their work. The real result of communism was that people got used with laziness and theft.

So no. Communism is a bad idea and it's not something that could work with humans.
8  Economy / Games and rounds / Re: 🎁 HugeWin | BTC Price Prediction ' May 12 | WIN $50! on: April 28, 2024, 04:11:42 PM
$68,711
9  Local / Română (Romanian) / Re: Concursuri/tombole pe bitcointalk (sau pe aprope) on: April 28, 2024, 04:09:17 PM
🎁 HugeWin | BTC Price Prediction ' May 12 | WIN $50!
https://bitcointalk.org/index.php?topic=5493907

Se pot castiga urmatoarele: 50$ in contul HugeWin (bani care pot fi retrasi fara sa fie necesar sa fie jucati).


Organizator: Peanutswar

Modalitate de inscriere: trebuie prezis pretul BTC la data de 12 mai, ora 23:59 UTC. Se pot face doua predictii, a doua fiind la minim 24h dupa prima.
10  Economy / Economics / Re: How safe is it to keep your money and gold underground? on: April 27, 2024, 05:31:45 PM
Have any of you ever been aware of this technique before?

Of course. It has been used largely in the past, when there were less people and more forests.

And that being said, how safe do you think it is? At this time?

It's hugely unsafe nowadays. As said, metal detectors are the first enemy. But it's not the only one. Or somebody looking for truffles might dig them out by mistake.
Or people can see her. From somebody following her to somebody seeing her by mistake. Keep in mind that bird watchers, or cameras for wilderness are becoming more common. Cops with infrared cameras are looking for migrants... a lot of bad options.
Heck, even military spying satellites can see her. And somebody analyzing the images can.. get some ideas.

So no, it's a big warning sign on that method.
11  Bitcoin / Mining / Re: If you have $200,000,but no miners, no mining experience,and no cheap electricit on: April 27, 2024, 05:13:19 PM
how would you build your mining farm?

Nope. I would just buy some Bitcoins and watch them grow.

Mining is a business. One with ups and downs. Just think: with ever rising difficulty, reward halving just a couple of days ago... it doesn't look like a good moment to enter (it could have been 1 year ago). Plus, until you gather a bit of experience... the next crypto winter may come.. you know, the moments the miners take a very close look whether they should continue or stop.

Imho nowadays the proper way to enter this business is to also have you own production of electricity (probably solar). And I fear you may need more than 200k to get something proper. But my experience is limited and I may be wrong, look for other answers too (plus as @Yamane_Keto said, there are very good answers in the other topics, you may want to read those first).
12  Local / Română (Romanian) / Re: Concursuri/tombole pe bitcointalk (sau pe aprope) on: April 26, 2024, 07:46:31 PM
Avem un concurs nou o oportunitate de a castiga, prin munca cinstita, ceva cascaval!

[Round 6] Utopia P2P - Official Android Review Campaign (Newbie - Legendary) 💎
https://bitcointalk.org/index.php?topic=5494335

Se pot castiga urmatoarele: 6$ in BTC, pentru scrierea unei recenzii de minim 21 cuvinte pe Google Play, pentru aplicatia Utopia.

Organizator: joeperry

Sunt acceptati utilizatori de toate rangurile. Nu se accepta conturi multiple, nu se platesc recenzii multiple. Nu sunt acceptati utilizatorii care au primit recenzii negative.

Participantii trebuie sa se inscrie folosind urmatorul formular:

Code:
Bitcointalk Profile Link:
Bitcointalk Rank:
BTC address for payouts:
USDT address (TRC-20) for payouts:

Campania este similara cu cele anterior realizate de OP.
13  Economy / Services / Re: [OPEN] eXch.cx - Automatic Exchange | Sig Campaign | Up to $120/W on: April 26, 2024, 07:27:24 PM
Code:
Username: NeuroticFish
BTC SegWit Address: bc1qesmj9cxxklu5v3v2mwd44ge6s8ze3apn6sqsj0
14  Bitcoin / Bitcoin Discussion / Re: What if they centralized Bitcoin? on: April 22, 2024, 09:44:00 PM
The only way that you could make Bitcoin fast and cheap enough to transact such that it would be superior to (say) ordinary credit card transactions would be to centralize the architecture. In other words, instead of a consensus algorithm among thousands of anonymous servers, Bitcoin would be backed with an architecture controlled by a single legal entity and a trusted set of servers, eliminating the need for proof-of-work and eliminating vast amounts of complexity to the system, immensely streamlining Bitcoin transactions.

In this scenario, Bitcoin could truly take over as a worldwide mainstream currency, with consumers replacing their everyday transactions with Bitcoin transactions.

I think that changing its architecture to a centralized one would not be that easy - both technically and politically - and I'll tell you why: a change like this would require consensus and if consensus is not reached you'll get a hard fork, i.e. an altcoin, losing all the "magic" that comes with being the actual Bitcoin.

Then, I've seen during the history (alt)coins that - in a way or another - gave up PoW. The result was that their price went down the drain.


So no. In this scenario you will obtain an altcoin nobody would use because its price will be small and dropping to smaller and, sadly, most people are in for bitcoin not because it's a currency you can use for payments, but because it's "digital gold".
15  Other / Beginners & Help / Re: Any portal to see OP_RETURN messages in readable format? on: April 22, 2024, 09:20:39 PM
All of you might already know that Block #210000, #420000, #630000 & #840000 are special block. These are the 4 blocks where halving was done. Many paid extra fee to get their transaction included in these blocks. Lots of people sent messages through OP_RETURN to be a permanent part of Bitcoin history.

Indeed they are halving related blocks. But this posting of garbage on the blockchain "to be part of history" is - no offense - an overrated commercial crap. If one wants to add a message to the blockchain he doesn't have to make those fat P2TR ordinals anyway and clearly not pay bitcoins for it, while the people wanting to use bitcoin as... bitcoin... are angrily looking at the mempool "sending best wishes" to the ones spamming it.

And my question is: do you have a personal benefit off this?
I'm asking since it's the second topic I read which you've made on theses "special" block's inscriptions and I start to think that you are trying to artificially create some hype around the ordinals from that block.
16  Bitcoin / Bitcoin Technical Support / Re: [Apr 2024] Fees are HIGH, wait for opportunity to Consolidate your small inputs on: April 21, 2024, 11:11:23 AM
I guess I was wrong. The spam from the ordinals/runes garbage is way bigger than I've expected (I thought others eg miners are also heavily involved).
I didn't know the numbers and I've read this thing today:

As of block 840081, since the halving, there have been 420,570 non-coinbase txs. Of these, 360,065 (85.6%) are runes only, 1,832 (0.44%) are inscription reveals only, 1,625 (0.39%) are both, and 57,048 (13.6%) are neither.

Note that neither may still include inscriptions that have not been revealed yet. Such txs are indistinguishable from any other taproot transaction.

Runes only txs have paid 764.27 BTC in fees, inscription reveals 4.163 BTC, txs doing both 44.25 BTC, and txs doing neither 187.07 BTC.
17  Bitcoin / Bitcoin Discussion / Re: Important reminders on: April 21, 2024, 11:01:02 AM
Here's another: As long as the law of supply and demand defines the price of block bytes, we can never on-board billions or even millions of people on a layer-1 solution, unless we undermine another important property; being practical to verify the ledger.

Iirc last time we had this there were two directions for action:
1. get the community point their finger towards the services (wallets & exchanges) that were spamming the network
2. get bitcoin one step forward with SegWit

Imho telling that current situation is OK is not the best course of action.

I may be hated for saying this, but what's currently happening in the mempool is a feature, not a bug.
...
Another important reminder: Censorship won't prevent monkey jpegs.

True that. Still, not counting (nor restricting) at all those P2TR related bytes is imho a bug, not a feature.

A lot of Monero proponents on Twitter are bragging about Monero, and how it's better cash. Do they have any idea how bad the system works if the network was clogged up with gigabytes of monkeys every once in a while? I know, it'd still be cheap, but to finish syncing you'd have to verify like a million of monkey-ring signatures, which would slow down it by orders of magnitude.

Afaik Monero went - many, many years ago - for virtually no block limit. I may be wrong, because I didn't keep up with their news.
Of course, this can come with other kind of problems, but (sadly) they don't have this magnitude of being used by people (so we don't know).
18  Other / Meta / Re: Bitcoin Core 27.0 has been released and the forum should update it on: April 20, 2024, 05:20:11 PM
Regardless of the link text, the button always redirects you to the download page of bitcoincore.org and gives you the latest version of bitcoin core.
So, it's not the link that should be updated. It's only the link text that needs to be updated.

Actually this is not true for the torrent link  Wink

I'm creating this post to let administrators know that the forum's version of the Bitcoin Core needs to be updated to the newest version.

@achow101 has posted today about the latest releases - 25.2, 26.1, 27 - hence I expect the forum link will also get updated soonTM.
19  Economy / Games and rounds / Re: 🏆 Blackjack.Fun | Man United - Burnley ' 27 April ⚽ Win $50 on: April 20, 2024, 05:06:01 PM
Time: 12'
20  Bitcoin / Bitcoin Technical Support / Re: [Apr 2024] Fees are HIGH, wait for opportunity to Consolidate your small inputs on: April 20, 2024, 04:58:19 PM
Look on the bright side, if btc overcomes this attack, it will become even stronger. If btc gets destroyed like this, then it would mean btc never had any chance to start with. Hopefully the spammers will run out of sats and btc will keep moving on. Otherwise this doesn't look good. An asset with 1.2 trillion USD market cap will leave a crater on the markets if it goes down like that. I don't think the spammers win. Btc will  survive this mess like it always has done. Still though, even if the fees go back down to the reasonable levels, btc will still stay expensive probably and that will keep driving away new people.

High fees keep the miners happy and make them not feel so much the halving.
So this is also a good test for us, the users, since by design the fees can't stay too low and the mining remain such a good business.

And there are always some idiots willing to pay for crap, so I'd expect more the ordinals/runes/whatever hype go off (sooner or later) than these guys run out of sats (or BTCs, seeing what has happened at the halving block)
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