Bitcoin Forum
May 21, 2024, 03:14:27 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 [56] 57 58 59 »
1101  Bitcoin / Bitcoin Discussion / Benefit of bitcoin on: May 31, 2023, 06:36:12 AM
I think other writers has outlet the benefits of bitcoin and none benefits of bitcoin before, I don't need to praise bitcoin much because its just a technology and anything can interrupts the chances of it prolonging values.
1) From what I have observed  in bitcoin its a financial relief when you know the secrets behind the uses of bitcoin and some of the investment.
2) bitcoin have some of disadvantages which we are not supposed have all our hope in bitcoin, sometimes the mistakes of people lossiing in bitcoin investment is as a result of improper explanation and orientation when coming to invest in bitcoin.
3) bitcoin is like a life bencher for lawyers, why in financial aspects bitcoin is a freedom it doesn't have who control it.
4) having much benefit in bitcoin is when you know the good time to invest in bitcoin, like sometimes profit in Bitcoin investment is determination by the amount used for invest.
5) I want new people to know that the advantages of bitcoin investment is higher than the disadvantages if you take your investment plans serious.
1102  Bitcoin / Bitcoin Discussion / Re: Internet is one limitation of bitcoin on: May 31, 2023, 06:18:22 AM
Not everything has to be involve to Bitcoin.  I think it's a government issue that has nothing to do with Bitcoin. Although the internet is required to manage bitcoins.The country you live in may have government-run internet services down.But you can use other internet services.  A country's government will never shut down all the internet in their country, because today it is impossible to do anything without the internet.  Maybe there is some error in the government internet due to which the internet service is down now.I don't think it's permanently closed, maybe temporarily.Hope the government will solve this problem soon.
Government have alot to do for internet, that is why sometimes I said if governments wants to bridge the existing of bitcoin they can, buy making websites of bitcoin to be errors when you login or type anything related to bitcoin, so I believe that its things that will erupt bitcoin existence
1103  Other / Meta / Re: DdmrDdmr is surprising for meriting posts on: May 28, 2023, 06:20:24 AM
Many of us doesn't know the clue behind this, I don't know if any other person has being thinking same thing, sending him a personal message will only educate me alone but making it to be open will benefit so many others, I think the reason this forum is created is to share knowledge across each other.
Yet you would get the clue here. Nobody knows what you are asking. This also made fillippone to create thread on him. So you can also go there to have some information. The way he (DdmrDdmr) responses to post as comments and post does not look a robot as for your thinking. He responses according to the thread but if it was a robot it would have done some out of point comments which doesn't look the same way with the original thread or comment. But he makes comments accurately.
How does this your response sound to you, you're out of point in this suggestions, I'm not saying about the comments of DdmrDdmr but only for the merit, it can use bot for merit but responding to thread is manual, read and understand before you post
1104  Other / Meta / Re: DdmrDdmr is surprising for meriting posts on: May 27, 2023, 12:06:25 PM
This concern/question is more like for DdmrDdmr, i guess messaging him for give you the answer you are looking for instead of us speculating the matter, just my two cents.
Many of us doesn't know the clue behind this, I don't know if any other person has being thinking same thing, sending him a personal message will only educate me alone but making it to be open will benefit so many others, I think the reason this forum is created is to share knowledge across each other.
1105  Other / Meta / DdmrDdmr is surprising for meriting posts on: May 27, 2023, 11:50:08 AM
I have being trying to ask this but it do give me a tough time. Is DdmrDdmr using which programs to merits numbers of people at same time, I received a merit from DdmrDdmr early today and I checked it's profile and I see almost hundreds posts merited by DdmrDdmr same time but with different minutes that's not above one minutes, does DdmrDdmr use bolt?? This is surprising, I have not seen someone who merit numbers of posts same time before, does it copy all the posts link that he wants to merit and past before meriting them? or it highlights all the user's he wants to merit, to be sincere this is confusing to understand how he does it, if you have knowledge of sharing a bunch merit at a time please explain.
1106  Bitcoin / Bitcoin Discussion / How Bitcoin transaction process on: May 24, 2023, 03:43:17 PM
I was researching on bitcoins transaction process and how Bitcoin transaction work's with miners, because I heard a lot of people complained of Blockchain technology and it's transaction confirmation issues and I began to compare lightning Network with Bitcoin with their different process of transactions. So my findings bitcoin and lightning nextwork process differently.

Quote
On Lightning, the funding transaction spends some Bitcoin UTXO, creating a multisignature UTXO to open the channel. Once the bitcoin is locked within that channel, portions of it can be sent back and forth within the channel, without the need to create any change. This is because the channel partners simply update the channel balance and only create a new UTXO when the channel is eventually closed using the channel closing transaction.

Quote
 Mining Fees Versus Routing Fees
On the Bitcoin network, users pay fees to miners to have their transactions included in a block. These fees are paid to the miner who mines that particular block. The amount of the fee is based on the size of the transaction in bytes that the transaction is using in a block, as well as how quickly the user wants that transaction mined. Because miners will typically mine the most profitable transactions first, a user who wants their transaction mined immediately will pay a higher fee per byte, while a user who is not in a hurry will pay a lower fee per byte.

On the Lightning Network, users pay fees to other (intermediary node) users to route payments through their channels. To route a payment, an intermediary node will have to move funds in two or more channels they own, as well as transmit the data for the sender’s payment.Mining Fees Versus Routing Fees
On the Bitcoin network, users pay fees to miners to have their transactions included in a block. These fees are paid to the miner who mines that particular block. The amount of the fee is based on the size of the transaction in bytes that the transaction is using in a block, as well as how quickly the user wants that transaction mined. Because miners will typically mine the most profitable transactions first, a user who wants their transaction mined immediately will pay a higher fee per byte, while a user who is not in a hurry will pay a lower fee per byte.

On the Lightning Network, users pay fees to other (intermediary node) users to route payments through their channels. To route a payment, an intermediary node will have to move funds in two or more channels they own, as well as transmit the data for the sender’s payment.

https://github.com/lnbook/lnbook/blob/develop/03_how_ln_works.asciidoc#comparison-with-bitcoin

1107  Bitcoin / Development & Technical Discussion / Re: Should we have a two, or even three, tier fee structure? on: May 24, 2023, 02:40:51 PM
Should people who effectively clog the blockchain pay a financial penalty. If smaller transactions ( smaller in size, and not in value), were charged a low efficiency fee, and larger ones had to pay quadruple ( say ) fees, then there would be a disincentive to submit so much rubbish on the blockchain. How could this be implemented? Would it require two mempools, or just approval by the miners?
I think, to discourage clogging the blockchain, you could implement a fee structure that charges lower fees for smaller transactions and higher fees for larger transactions. The fee validation process would involve classifying transactions based on size or complexity, and validators or miners would verify the provided fee. Insufficient fees may result in rejection or lower priority for inclusion in the blockchain
What causes rejections of transactions is when the fee is low and can't carry the confirmation process and most sometimes some of the exchanges needed high fee to process faster,using insufficient before fee is like turning everything upside and it's contradictory to understand.
1108  Other / Meta / Re: Crimes of signatures campaign affects forum? on: May 21, 2023, 10:51:34 PM
I believe your concern also has to do with the closure of the longest running campaign (chipmixer) on the forum and the investigation ongoing on the issues of money laundering and maybe any other fraudulent activities the FBI might charge them with in the future. You shouldn't  be worried as I think the forum is safe from any charges the FBI is giving to chipmixer
I have no fear for anything, I asked a question because of my worries of government seizing a website with some reasons and I have none ideas of FBI investigating the forum, I just asked my question on a neutral ground because of what I thought of crime and government intervention, I have be cleared of signaturesm campaign not to contribute an act that will leads of seizing this website, since forum no crime of signatures campaign can cause problem to bitcointalk I have no worries, because I notice a signature campaign that all the participants is on red tag and the name is 1xbit, won't this signature campaign bring a negative name for bitcointalk because of their several accusations which has not be clarify?  Can't government investigate forum because of their act??
1109  Other / Meta / Re: Crimes of signatures campaign affects forum? on: May 21, 2023, 07:03:51 PM
Bitcointalk is basically just a forum platform where people discuss about all things crypto. It doesn't endorse any particular businesses, and therefore cannot be held responsible for any shady business going down.

Now, when it comes to signature campaigns, the responsibility falls on the organizers and the members themselves. The forum cannot be held accountable for the actions and choices made by individuals participating in these campaigns and who choose to wear certain signatures. But, there are also rules in place, right? Members are not allowed to promote illegal activities, and that applies to signatures too.

So, the bottom line is that everyone has to take personal responsibility. Bitcointalk provides a platform, but it is up to the users to make sure they are not doing things that could get them into trouble or engage in any activities that may have legal implications.
So you want me to believe that no crime of signature campaign that can affects the forum, and if action should be taken if a signatures campaign commit crime that will bring intervention of government the action will go directly to the organisers of that particular signatures campaign, that means that forum is autonomous and everyone is promoting its business will bear the consequences when issue's or when theirs complications of distrust and investigations.
1110  Other / Meta / Crimes of signatures campaign affects forum? on: May 21, 2023, 03:12:43 PM
I have taught of this seriously and I began to have a biased concern to bitcointalk if any signatures campaigns in bitcointalk can affects the existence of bitcointalk if they commit a crime that leads to government investigations. Secondly do we believe that bitcointalk can  be obstructed by government if their is a noticeable crime by the management? From my understanding it seems to me that bitcoin existence is different from the bitcointalk forum and without the existence of bitcointalk forum bitcoin will continue existing, what's your take on this.
This idea came to me through what happened to the site of bitcointalk few days ago which I couldn't logins my account for sometimes, I wasn't happy when the incident occur. Please I asked this few questions because I want to know what I don't know, and if my question is not ideal please don't crucify me.
1111  Local / India / Re: 20% TCS when Debit/Credit card used for International transaction on: May 20, 2023, 12:16:58 PM
I will not dispute your opinion because if we put your suggestions into practice it might work out, but I want to let you that in some countries you can't use bitcoin and make international transaction because theirs some restrictions of payment with Bitcoin expect that you converted it to fiat currency before a payment will process. theirs different between this and investment, i will like you to understand it.
1112  Economy / Reputation / Re: Announce your rank up, merit or any achievements that makes you feel great! on: May 18, 2023, 10:06:44 AM
Celebrating double blessing and senior member rank unlock.

I want to use this very medium  to thank God almighty for adding one year to my life and also making  it possible to be alive to witness my senior member rank unlock.
I understand  that my announcement  might be late but I also want to thank everyone who has in one way or the other, made my journey in the forum a fulfilling  and hassle free one and I want to pray that your life in general  will be fruitful. Amen.

I had a little reminisce on my merits and journey  so far and hence I had to visit  my merit dashboard and words will really fail me if I'm express my gratitude  to all those who helped physically  to busrt my journey and growth in the forum and judging from my merit dashboard


I want to specially thank @Brainboss for how much you have loved a total stranger and i guess you started monitoring  me the first day I identified as a Nigerian and I'm glad and honored  you found my post worthy of your merits and I had to specially  thank you when I get to this very rank and I'm saying thank you again.

@ fillippone, most of the merits i got from you were mostly from your merit give away thread and I want to say a big thank you for finding my posts meritable enough but one more thing, and I also want to plead that when next you see my profile, please trying the rewards for the post. Thanks 😊

@348Judah, sir I'm truly  short of words when I saw you falling on the third position of my merit summary list because I know you don't run a merit give away thread, hence you truly rewarded my efforts and I just want to say thank you and please forgive me for been insensitive  to this.

@Welsh, your merits made my day the very day you sent over 16 merits to me and I was like wow, now I understand  the importance of quality  as profiles might get accessed by anyone at anytime.
Thank you so much sir for remembering me that very day.

@Ratimov, thank you for pushing me to this position  and your 12 merits did the magic and I'm truly grateful. Thank you sir.

@lovesmayfamilis, thank you so much for how you took me along like your own child and even defended me when someone attacked me on several occasions.
Thank you so much for your love and I will always try my best to be an active member of the forum.
Thanks for all that you do and will keep doing for me, I'm grateful.

@cryptovator
@hugblack
@sexylizzy2813
@DaNNy001
You guys are amazing and also the best and you all made this journey  and amazing for me and I hope we all do this again to the  next level.

I don't want to bore you guys with long write up but to everyone who has been part of this journey, I say thank you and I will always love you guys.

~OBARI.
Congratulations obari for your new rank, you deserved encouraging because this journey is not a one day journey and I have seen that it's because of your motivation that kept you in this position, I have gone through some of your post's and I noticed something reasonable and something attractive in your discussion, alot of people has add meaning to your achievements, that's why you honoured them one after the other, it's amazing and excited to reach to reach this rank, I believe that the support you had from people in your list one day I will have them.
1113  Bitcoin / Bitcoin Discussion / Willing my bitcoin to my children on: May 16, 2023, 08:13:59 AM
Investment with bitcoin is good but it have a disadvantages when death occur, bitcoin is not a property which your children can inherits like other properties that is mark able, I notice that with all the I have being investing in bitcoin if mistakenly I return to my maker without by children knowing my bitcoin wallet security password, that means that my bitcoin will remain in my wallet till eternity, this gives me a nightmare, my kids are three and I want to have different wallet of bitcoin and WILL my bitcoin to them with the password of each of the wallet. Because my investment in bitcoin I will make sure that they have know bitcoin because of the wallets I will issue to them, because if they are not willing to learn bitcoin I can't force them to learn and understand bitcoin, but when I'm no more the will know the important of knowing the basic of bitcoin,  but I'm not planning to die now, but we don't what tomorrow will result out in the future.
1114  Economy / Reputation / Re: Announce your rank up, merit or any achievements that makes you feel great! on: May 15, 2023, 08:52:24 AM
I can see that the journey of bitcointalk is a gradual process, it's has being awhile I join the journey of bitcointalk and I almost backslide for the journey due to criticism, but i kept moving because i want to know more of bitcoin i would have being discouraged but i decided to push on.
I'm excited because I have gotten to the position of member rank in bitcointalk and if nobody celebrate me neither congratulate me i will congratulate myself, because this journey of forum is a journey of concentration and determination, i believe that one day I will reach to another milestone.

I wish to follow the advice of Sr colleagues and through their advice and their response in the forum is what has being keeping newbies to grow, when i joined forum newly I don't no anything until i started asking questions and I got so many replies and also links to read further, those links dropped by Sr colleagues is what make me to know that I have post  my ranking excitement to this thread. I was asked to lock my thread and post in this thread, which did. so am excited for reaching member rank and also following instructions.

I want to advice new ones, is not that i know better but i wish to tell new people who is joining forum today or feature time to give a listening hear to Sr colleagues and pick correction and also know that use of good English language will help to grow faster, i know that I'm not growing faster but I'm okay with the level of my achievement in the forum.

Thanks, i remain Onyeeze.
1115  Other / Beginners & Help / Re: The joys of congratulations on: May 12, 2023, 05:39:00 AM
Congratulations.

You can post it on this thread next time: Announce your rank up, merit or any achievements that makes you feel great!
Thanks you for good joy, i don't know how move it to there but I'm copying this to that thread, thanks.
1116  Other / Beginners & Help / The joys of congratulations on: May 11, 2023, 11:19:34 PM
I'm glad to congratulate myself for ranking up with two Bitcoin gold as symbols having possessing the rank of member, When I started this journey I thought that I will not get to this certain rank because I was discouraged with some comments of criticism in my thread but I was determined to continue the race because I have desire to learn and understand bitcoin through bitcointalk, my determination motivated me to read other people comment's and I told myself that i will reach to the position of member rank one day, and today I became a member.
What I noticed in this forum is that, it's all about determination and desires but not all about desperation, and secondly I think that consistent research is one of the keys that keeps users moving forward and not to be backslide in anything concerning Bitcoin.

When I registered in bitcointalk I don't know too well concerning forum and bitcoin, but with the help of forum I'm able to know some of the wallets that's good for bitcoin storage and some valuable altcoin that's good for investment, so without forum I won't have known altcoin as sub bitcoin and electrum wallet as a good wallet, assuming I have not found myself in bitcointalk forum i won't have known all these today. I want to openly say that I'm grateful for been a member of bitcointalk and also founding myself in the mixed of people who embrace bitcoin and also discuss the positivity of bitcoin. I have noticed that many other people obtain the knowledge of Bitcoin through bitcointalk forum, I use this opportunity to thank everyone for a link shared for me to update me with the goodies of forum.

Should Incase I'm wrong for posting how excited I'm for reach member position, you can direct me where to celebrate my rank.
1117  Bitcoin / Bitcoin Discussion / Re: Gas station payment with bitcoin. on: May 11, 2023, 02:42:15 PM
I want to know bitcoin wallet that will be nice for receiving payment with bitcoin that will be safe for this business payment.
I think a choice of wallet for the business depends mostly on how you plan to spend the bitcoins you receive as payment for your gas, if you plan to hold the bitcoin as an investment for long short or long term, using a cold wallet is most advisable, and that could be a hardware wallet.

But if you plan to sell off the bitcoin immediately so as to convert it to cash to enable you buy more gas to sell, I personally would advice you receive your bitcoin payment through an exchange you trust and  can withdraw directly to your bank account from, and such exchange are..
1. Binance
2. Remitano..

I personally I have been using Remitano since 2016, though binance is big, I still prefer remitano for its simplicity and fast withdrawal to bank account.
Well said and nice advice too but I feel in such case the coins will definitely be needed to sell off because Op is currently running a business and in business the money gotten from the sales of the product and services  are used to restock the business so as the person can easily evaluate the proposed profits from the business. And if this is the case with Op, then an exchange wish was advised is probably the best option.
I have state it like twice that any payment made with Bitcoin the money will be replaced with another business money, so I'm saving the Bitcoin for long time or anytime I wish I can withdraw the coin, but for now I'm not withdrawing my bitcoin, and that's why I asked for best wallet that have higher security so that people will not hack the wallet easily or steal my coins, the opinion above is a good advice for someone who wants to return market with the business funds and especially the one that is being paid with Bitcoin, but I have decided to be buying more of Bitcoin for feature purpose
1118  Economy / Economics / Re: Without government job we can survive on: May 11, 2023, 02:19:49 PM
At first I thought that everything had to be resolved and became the responsibility of the government, but after I was an assistant to government staff it turned out that government problems were very complicated and needed many parties to solve them. work then the best step is to trade or farm.
Government is complicated depends for the rulling class of that time, their is someone who will assume power and people will like government but when people working him misbehave they will be an automatic sanction directly to the person or the sector, i want to tell you that government can make our living to be easier but when bad people assume office citizens find it difficult to survive by having the mindset of having small entrepreneur mindset of establishment.
1119  Other / Beginners & Help / Re: The best wallet to use as beginner on: May 11, 2023, 02:11:03 PM
I have noticed that I'm wrong by mentioning exchanges as wallet to be use, now i have noticed the real wallet's and it's the right time to edit my post and cut out the list of exchanges i used as wallet so that newbies like me will come across of thread and think that what have being written there is the rightful wallet to use. I thank everyone for your suggestions and I'm ready to learn more from you all.
As a newbie, you have to focus on 1 thing, you have to just focus on 1 coin that you are interested. For example, If you want to focus on bitcoin, then you have to download a wallet that has bitcoin only inside, for example, electrum. If you download a wallet that has many altcoins inside like trust wallet, coinomi and etc, I am really sure it will make you careless about safety, it will make you not focus, your brain will split with too many think, this ever happened to me.

I can see that Bitcoin wallet that people mainly recommend is electrum, because believe that from the recommendation it believing that it has a higher security, from other of my discussion in Bitcoin discussion many people recommended this particular electrum and when I asked they told me why they recommend that for me, i know I created this thread from the beginning of me trying knowing what's wallets and their security functions
1120  Economy / Scam Accusations / Re: Avoid Ponzi/Ponzi scheme is a scam on: May 11, 2023, 02:01:26 PM
Snip

Well you can not prevent everyone from falling victim to ponzi scheme, some people are just unawera and also uninformed about things that happen around them. I don't know for others though but some times we really can not blame some people that fall into these schemes because most of them have really passes through some difficult situations in their life and when they hear about anything that can give them quick profit, they will just divert their attention to it and if they just hear one or two person giving testimony about the ponzi, they will totally agree to it, not knowing that it's just a plot by those ponzi platform to win the trust of a whole lot of people and when they have succeeded in doing so, they will just carry out their plans of ceasing all individuals funds and disappear.
We can prevent people not to be victim of scam with carrying out a campaign against scammer's with their fake platform, like assuming it's when this GMG platform was launched newly and people noticed it in time raised alarm of the ponzi scheme been a scam investment platform some people who lost their money wouldn't have lost their money, from the picture you can see that people has already invested and also been scammed
Pages: « 1 ... 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 [56] 57 58 59 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!