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821  Other / Meta / Re: Change a topic into self-moderated retrospectively / add polls retrospectively on: March 04, 2023, 09:17:01 PM
Sorry 1miau, I agree with @hosseinimr93 here: if one posts into a self-mod topic he knows that his post may get removed. This doesn't happen with a "free" topic. Changing this "during the game" is unfair advantage for topic owner.

Just imagine a shady business getting a couple of bad reviews: in your proposal it will be allowed to change to self-mod and remove those. Those users, if they would have known that there's a chance their posts get removed may have been made the complaints in completely different topics.

Your use case takes into account only your situation when the topic starter is honest and the posts he wants to remove are probably spam (which can be reported) or bad intention garbage (which, at an extent can be ignored, and if a threshold is passed the topic ends with a link to the new moderated topic). We are old enough around here and can find our ways. Let's not give more tools to the scammers only because we want some things be easier for us.

Previous comments shouldn't be affected.  Smiley

This would make sense, but may be more difficult to implement.
822  Local / Romānă (Romanian) / Re: Concursuri/tombole pe bitcointalk (sau pe aprope) on: March 04, 2023, 08:54:43 PM
Mulțumesc Gazeta, am participat la toate ultimele concursuri. Baftă să avem!



Avem o nouă reeditare a concursului lui Krogoth.

[FREE RAFFLE] 504th ฿ECAUSE I AM STILL IN A GOOD MOOD-CYPHER HODL PRINTED COIN
Link: https://bitcointalk.org/index.php?topic=5442637

Organizator: krogothmanhattan

Premiul: o monedă Cypher Hodl printată la imprimantă 3D



Sunt acceptate doar conturi create după 1 Februarie 2023.
Înscriere: se alege un număr de la 00 la 99 (care nu a fost deja rezervat).
Transportul este gratuit doar în SUA, în rest de discută cu MJ.

--
Edit: s-au mai adăugat la premiu niște chestii foarte interesante - un petic "Magic Internet Money" și un abțibild cu primul bloc.


823  Bitcoin / Bitcoin Discussion / Re: Mempool full? Long transaction times + fees x10! on: March 04, 2023, 08:41:56 PM
miners prefer getting more block wins per day. compared to the fees

lets run the numbers in a scenario:
a pool of 20% hashrate
gets ~29blocks = 181.25btc a day roughly
the fee's of that day is usually 0.013 a block = 0.377 a day

now imagine over a whole day
would you prefer the pool manager manually selects transactions, does all the checks and sigops on thousands of tx a block template collation causing a delay in blockhashing start times. meaning that instead of 181.25btc average daily coin... it may get 1 less block= 175btc due to messing around with tx burden/selection just for 0.377. meaning 175.377

which would you care more for
181.25 or 175.377

as you can see. saving time by doing less block collating means better chance of earning an extra block per day which reaps better income then doing the transaction management/selection

This logic is useful only if another pool gets a target hash in the same time, which happens rather rarely.
In most cases that competition for milliseconds between pools doesn't exist. It's not like all pools find the block all the time exactly at 11:23:56.777 and being the quickest really matters.
So normally the pool can easily grab both the block and the fees. Sometimes it may not be able do that, but it doesn't know when is that.

Maybe I'm missing something, but really, if you would be right, all miners would just mine empty blocks.
824  Economy / Gambling discussion / Re: Would You Build your Own Casino(online/offline) If You Know You Can? on: March 04, 2023, 08:02:14 PM
If you made a billion dollars or even more, as someone who love gambling/betting and have been doing this on several other casinos for many years now, would you rather start your own casino?

I think that if one makes his own casino.. may spoil the fun of it. Or, at least, would not play at his casino (and then it's two unrelated things).

Having/managing a casino is not necessarily for a gambler. It's for somebody who knows to handle all the legal things, all the software and security issues. Gambler(s) can be asked for opinion now and then in order to spice up the games. But the rest is more management than gambler-mind business.

Even more, a gambler may take unnecessary risks with his business (eg start with too low bankroll and risk not having money to pay the winnings at start, especially as the start is more expensive due to increased advertising and bonuses), so he can doom the business before properly starting it. Not a good mix.
825  Bitcoin / Bitcoin Discussion / Re: How will you feel when your government make BTC legal? on: March 04, 2023, 07:51:36 PM
Neuroticfish, the country I came from BTC is illegal which is a big worry to us bitcoiners in the land but there are some promise some of the presidential candidates made during our general election that just concluded few days ago, that they will make Blockchain technology and cryptocurrencies available for the youths to make progress like El Salvador country.

Making Bitcoin/crypto illegal is stupid at best. The government makes (some of) the voters unhappy and also loses money it could get from taxing crypto gains.
So getting it legal is an easy step and a win-win situation. The "like El Salvador" is another step, a much bigger and harder one. But I wish you good luck and may the right candidate win and also fulfill his promise!
826  Bitcoin / Bitcoin Discussion / Re: Mempool full? Long transaction times + fees x10! on: March 04, 2023, 07:47:16 PM
you do know that while you want everyone else to pay more fee's where you are trying to justify that paying over 10sat/byte is a happy number

I'm not trying to justify anything. Imho any fee bigger than the minimal (for my small sized transactions) is probably not worth it because I'd pay less on LN if I'd bother switching.

pools dont care
[...]
whilst actual pools happily would sacrifice that extra for a few seconds start on their next block to get more chances of 6.25
yep even a 2/600 chance increase is worth more then "normal fees"

I don't deny that. But if there's no huge improvement in the number of blocks mined by the pool, the miners will not be happy about those fees they're losing.
And I can bet that the pool does care about keeping (most of) its miners there.

a pool would love to give miners less coin. becasue that then pushes the cost per coin up meaning it affects the market rate

Again, I think that you're over-simplifying the things. Let's say the pool doesn't care and mines empty blocks. But if the pool constantly mines empty blocks and the miners don't get the income they're expecting, they'll leave. And then the pool will care. (Of course, again, the pool will make sure this doesn't happen, hence will try to find a good balance.)


... But I think that we've started now to get somewhat off topic...
827  Bitcoin / Bitcoin Discussion / Re: How many crypto wallets do you own? on: March 04, 2023, 07:34:26 PM
I was reading about the Luke Dashjr BTC hack and it got me thinking if people have multiple crypto wallets and addresses.

I think having a cold wallet that isn't connected to the internet plus numerous online wallets is a precaution everyone should take.

The benefits being;

- If you are hacked you won't lose all your crypto assets

- If you forget one private key you won't lose all your crypto assets

- Smaller transactions (since your crypto will be dispersed across many wallets) will not draw as much attention thus increasing privacy.

I will be taking these steps in the next few days to give myself peace of mind.

I'm curious if others think I'm being too paranoid or have carried out some of these practices.

It seems that Luke was targeted. It seems that Luke didn't use hardware wallet nor a proper cold storage (ie completely offline).
So a proper cold storage (if you know what you're doing) or a hardware wallet should do. Then you cannot really get hacked.
You can make smaller transactions also with one wallet. Nowadays a (HD) wallet can have many addresses and you can use them wisely with the right wallet software.

Of course, I also think that if somebody has really big money in bitcoin then multiple wallets (most probably hardware wallets) may not be a too bad idea.
I think I've read in the news of a family that has a big number of wallets spread all over the world, exactly for this reason.

However, that one cold storage - multiple online wallets (probably watch only?) - thing doesn't make sense to me, but I may be missing/misunderstanding something there.
828  Bitcoin / Bitcoin Discussion / Re: Mempool full? Long transaction times + fees x10! on: March 04, 2023, 07:18:40 PM
paying more does not cause mining pools to want your transaction more then a spam meme

there are already many spam memes that pay NO FEE AT ALL but allowed to bloat a whole block

Come on, Franky, the fact that some can now and then make a deal with the mining pool to mine their tx with small or no (on-chain) fee (who knows if other payment was made and how much that was?) is an exception.
The rule is that in 99.999% of the cases a mining pools will prefer the transactions with the higher fees ( per vByte ).


On the other hand, I do agree that paying more may, on long term only make all the fees gradually increase with no benefit for anybody else than the miners. Plus the users think that the next fee after 1 sat/vByte is 2 sat/vByte, not 1.1 or so, making the rise more abrupt.
I'd like to see this NFT spam gone, but I don't think it'll happen too soon. And I fear we are heading to ... what we had in December 2017 (as fees).
829  Economy / Games and rounds / Re: [RAFFLE] Utopia - P2P Ecosystem | Free Bitcoin Raffle Weekly 💎 Round 2 on: March 04, 2023, 06:44:15 PM
Bitcointalk Username: NeuroticFish
Utopia Public Key: B60BB01CBC88C8E9E36206CF8D92C733AE5AA972439A12C5E6CDE80A45E31352
Message Deep Link (Chat link): https://utopia.im/d53b4431fd604e2f0261792444797aa4?tid=2465403565634570826
Slot No: 24

Thank you.
830  Bitcoin / Bitcoin Discussion / Re: How will you feel when your government make BTC legal? on: March 04, 2023, 06:23:06 PM
I wonder if making Bitcoin legal tender also automatically entails a tax exemption on realized gains? That is probably different from country to country? I would like to understand the legal implications of something becoming legal tender.

Otherwise, making Bitcoin legal tender when you still have to pay taxes on realized gains at the time you make a purchase or pay your tax, there is still too much hassle involved in actually using it to buy stuff.

The label "legal tender" isn't so interesting to me. A tax exemption would make Bitcoin way more useful, even if it is up to a certain limited amount for single item purchases.

Legal tender should not mean tax exemption, knowing that the state is, by definition, hungry for money.
But if bitcoin becomes legal tender there might become pretty difficult to know who and how much bitcoin did spend, since the grocery store doesn't ask for your ID.

I guess that sooner or later bitcoin will be recognized for what it is: another form of money. Then it should be no need for such tax and legal tender would be easy and normal. But governments need to be interested to do such a move, so my hopes are very low on that.
831  Bitcoin / Bitcoin Discussion / Re: How will you feel when your government make BTC legal? on: March 04, 2023, 06:01:24 PM
My way to class this morning with some of my lovely course mate, someone raise this question that if our government decide to adopt BTC or make BTC legal how will i feel? I told him that the day our government will announce that BTC is now fully legalized in the country, I will throw a big party to host all the bitcoiners in my environment to join me to celebrate. If your government decide to adopt BTC or make BTC legal in your country, how will you feel?  Will you be among the people that will be angry because i know there are some people in our various places that think BTC is a scam digital currency which is not true, will you go to make them to understand it better in a positive way?

I'm not sure what country are you from, but Bitcoin is legal (ie not illegal) in most countries.
However, if Bitcoin will become legal tender, ie I'll be able to pay for everything I want with Bitcoin if I want to, then I'll be indeed very happy.
832  Economy / Gambling discussion / Re: F1 Formula Sports Racing - Sportsbet.io promotions & discussion thread on: March 04, 2023, 03:13:38 PM
if im not wrong the qualifying is in one hour?

You're one hour off. Q1 is already running.

Verstappen is huge favorite to win as always

I've seen P3 and there Aston Martin and Mercedes have also looked strong. Max may have some real opposition this year. And if so it'll be great!
833  Other / Beginners & Help / Re: Multisig Wallet 2 of 3 on: March 04, 2023, 03:10:43 PM
What exactly is the difference between Electrs and EPS?

EPS is focused for single-wallet usage.
Electrs can be used with any amount of unrelated wallets. Also can be used by block explorer (if you install one).

Can Electrs also be privatized?
Or does that only work with EPS?

I'm not sure what you mean here. I've always user Electrs locally and didn't expose it to the internet, it works very good like that. But I don't know if or where would be the settings Electrs would advertise itself as Electrum Server. However, since I have no port forwarding done for it, I'm not concerned.
On the other hand, I've done tests with another server, Fulcrum, and there I had to explicitly disable its announcing to get to same behavior as I have with Electrs.

And in case of loss or damage, do I have to save seeds and public keys to restore my multisig wallet and move money or are just the seeds enough?

In theory the seeds should be enough to re-create the wallet if it's the case.
Just imagine: from the seeds you can restore the original 3 wallets. And I guess that from the 3 original wallets the multisig one can also be re-created. I don't see any reason to not be like that, but you can easily try this when you have the devices (or wait until you get answers from somebody who has actually done that).
834  Economy / Scam Accusations / Re: Doing some work for Saxydev, Earned $90 but Never received the Payment.  on: March 04, 2023, 02:51:10 PM
I did the same. Looks like the mods caught it and deleted the troll's post and all the off-topic comments.

I get it that it's important not to give trolls too much attention, but it's always a good idea to report any behavior that violates the platform's guidelines, including trolling or harassment. This helps to maintain a safe and respectful environment for all members. I'm glad the mods share the same perspective.

Thank you.
From what I've seen I think that the account was not banned (not even temp ban), still, removing that garbage is an obvious step forward.
So I'll add my "thank you" to the mods too.
835  Local / Romānă (Romanian) / Re: Ajută Bitcoin să ajute Ucraina! on: March 03, 2023, 11:54:47 PM
Dar, cu ajutorul tuturor, poate că pe 24 februarie 2024 poporul ucrainean va putea zāmbi. Acesta este un apel către toți: Ajutați Bitcoin să ajute Ucraina!!!

Sunt de acord. Felicitari pentru initiativa si pentru traducere!
As adauga doar ca nu strica sa punem mai la vedere adresele de donatii. Ca fiecare leu satoshi poate sa ajute.
Am gasit postarea acesta, dar nu stiu daca mai este de actualitate, ca am vazut ca nu a mai donat nimeni de multisor, iar topicul este inchis. Stii cumva ceva despre asta?
836  Other / Beginners & Help / Re: Multisig Wallet 2 of 3 on: March 03, 2023, 11:31:25 PM
I'm just unsure whether I should use Bitcoin Core for my multisig or Electrum via EPS....

I didn't manage to make Bitcoin Core work with hardware wallet. It was half a year ago, but I don't expect it to be better now.

If it helps, I use (with my hardware wallet) Electrum with Electrs as server, not EPS. I've found EPS far too restrictive (although afaik it does support multisig wallets too!). So if you'll get into troubles and want to go for a better server, my tutorial is made for Windows, but since Electrs is installed onto the WSL (Windows Subsystem for Linux), it can be useful even if you have actual Linux.
837  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM Deposit Exchange Rate shocks on: March 03, 2023, 11:22:42 PM
From a quick glance and with limited knowledge of how Bitcoin ATMs work from the setup perspective, I assume that the person who owns the ATM set a pretty high fee and that fee is baked into the price for the end user.  Maybe this is done for simplicity or to hide the fees from the user so it seems like a fee-free experience, but regardless of what is to blame that receipt could give more information.  I can understand things on the screen trying to be as simple as possible and not have the user doing math to calculate fees, but to not show anything at all seems almost misleading.  Especially if it's built into the price and nothing else is shown.

It is built into the price and from what I also know nothing else is shown. Maybe some extra fee as "transaction fee" in some cases.
However, the ATM shows both buy and sell prices and you can easily see how big is the spread, hence the fee they're trying to get from you. Not the most straightforward way, nor the most exact, still it can work/can help.

The same thing happened with 1,800 dollars' worth of bitcoin, and only 1377 dollars' worth of bitcoin was received at the address.

Wow. I've seen ~14% fees and I've found them very big (normal would be somewhere closer to 6%). But in your case, if my math is right, it's 23.5%. That's indeed excessive.
838  Other / New forum software / Re: Bitcointalk Wallet Address verified badge? on: March 03, 2023, 11:02:28 PM
Recently, I was viewing some threads and reading posts in Reputation and Scam accusation sub-boards and saw that sometimes accounts with high reputation were getting hacked and hackers were using their reputation as an advantage and lying user(s) about payment address.

You may be missing something here and there.
1. I do have address (actually 2 addresses) staked, still, when I want to do things, I usually do on completely different addresses so I don't reuse that much. Would that make me a scammer? I hope not  Smiley
2. Knowing the fact from point 1, nobody stops a hacker (especially the hacker of a long inactive account) remain with this badge and still use a different address.
3. One can make a new account and stake his address and might be (wrongly) seen as reputable.

So.. I think that this kind of badge would not help. It could even mislead. The proper rules for engaging in trading on the forum are:
* Read carefully all trust feedback no matter who made it, then decide for yourself.
* Make proper use of reputable escrows.
* Avoid impersonation by avoiding other messaging platforms and by using and requesting signed messages (and here the staked address will help).


I think that this is more appropriate for Meta.
839  Other / Beginners & Help / Re: Why recommend when they don't understand the risks? on: March 03, 2023, 10:49:17 PM
Anything different from bitcoin is a pure gamble

No matter how good projects look in this crypto space, the risk is always present.


You basically said it all in these two lines. People are slowly starting to realize that the power of bitcoin is because the guy/group who started it is/was a good person. He/they had great intentions because of the fact that his/their coins haven't moved for over 14 years now.

Yes and no. Bitcoin is still risky too. Clearly not in the way it was 8, 10 or more years ago, but still risky, let's be honest. Some accept and embrace that risk, some get scared and end up buying high and selling low. Some don't even understand that if Bitcoin will be an even bigger success than now, it will be even farther than now from what it was 10 years ago (as privacy - KYC, as hacks, as technology - see LN for example). Plus the war and a (bad ass) blizzard can still drop the hash rate significantly in 2023!

So bitcoin is still fair to be seen as a risky investment. Riskier than some others (like buying a house and renting it out, for example). Better than some others (imho bitcoin is less risky than many stocks!).

Altcoins, omg, yes, much, much riskier. But pure gamble? No, I wouldn't call them that. I would call 95%+ of them scam, simply because their sole use is to get money flowing for no good reason. Then there are the actual altcoins that may worth attention. Now and then they have good gains even vs bitcoin. Now and then they fall badly. A skilled trader or even investor can earn nicely. Some are strong projects that even worth more support. But gamble? A beginner, probably he can see them as a gamble and they will most probably lose in that. For somebody with enough experience it can be.. just a higher level of risk.

So if one wants to go that route.. it needs years of research before the first move is made. Clearly at that point one is no longer beginner. Before that... yes, avoid.
840  Bitcoin / Press / Re: [2023-03-01] Forbes - The Nigerian Election And Naira Crisis Are Fueling Bitcoin on: March 03, 2023, 10:30:23 PM
Because of this deterioration in the Nigerian naira and the high demand, especially by young people, to buy bitcoin, the price of bitcoin in Nigeria has risen to about 38,000$, as I read in some news several days ago.

From what I've read, that's not quite true. I think that was/is a result of converting BTC Naira price into USD at the "official", inflated rate.
Quick search: official rate: 1 USD = 461 NGN; and the "black market" rate: 1 USD = 755 NGN (source)

This makes sense, and essentially means it's not so much that BTC is appreciating in price, but Naira is worth much less than officially declared.

You're right. The newspapers have greatly fueled this misconception, but it was debunked nicely on bitcointalk, see:
Misconception of selling at premium in Nigeria

Basically the BTC-USD parity is the normal one, just the USD price/rate in Naira is much bigger on the street than what's in the official papers.
So the premium is not on Bitcoin itself, it's actually on USD, if we can say so.
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