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June 26, 2022, 12:27:01 PM *
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1  Bitcoin / Development & Technical Discussion / Re: Bitcoin’s unspent transaction outputs (UTXO) and its long-term implications on: June 08, 2022, 08:23:42 PM
Many miners reluctant to accept zero-fee transactions, so in effect no transaction's inputs and outputs are equal anymore and still getting into the blockchain.
It's not that miners won't accept zero fee transactions, but rather that nodes won't accept them. The miners won't even see the zero fee transactions because nodes will reject them and refuse to relay them to other nodes. Zero fee confirmations are still perfectly valid, and miners are quite happy to include their own zero fee transactions. For example, here are a couple from a recent block:
https://mempool.space/tx/bf1b227593c148f6c350ba4eb13422747d337421df3776976ab569864d22a2cc
https://mempool.space/tx/0f03e31fc7226e1641b9a60a426feffc719934f512f453ebc8dbc322877d6070


I don't think most miners will be willing to accept zero fee transactions, even if they were aware of them. Unless they were receiving a fee via some channel outside of the transaction.

"...increases in the warmer bands suggest that coins that were previously held are now on the move and indicate a higher velocity of the monetary base.
According to traditional economic theory, higher velocity, ceteris paribus, leads to higher prices of a monetary base. We can also consider situations where longer-term holders moving “cold” coins to sell them should correlate with lower prices. Conversely, there should be a positive relationship between changes in older age bands and price: an increase in older bands suggest that individuals are holding more Bitcoin and therefore should correlate to higher prices."
Monitoring for moved coins is more difficult than looking at the age of particular inputs without additional context. Exchanges for example, will keep most of their customer deposits in cold storage, and this cold storage may not move for a long time, even if the sum total of withdrawals from the exchange is very large, if the exchange receives more deposits than withdrawal requests. Some people may also have sent their bitcoin to cold storage years ago, and with the advent of new technology, they may decide to create new private keys via various means that were not previously available (hardware wallets, for example).
2  Economy / Services / Re: [OPEN] BitLucy.com🎰Sig & Avatar Campaign ⚽🏏🥊🏀 UP TO $112.5 weekly payment 🔥 on: May 26, 2022, 06:58:47 PM
Rank:legendary
bech32 address: bc1qtzc6dwhlp22rkkyp62tqyypnatj0cpqjuuhqzq

avatar campaign
3  Economy / Services / Re: [OPEN SLOTS] ChipMixer Signature Campaign | Sr Member+ on: April 01, 2022, 03:50:05 AM
Username:QS
Post Count:tbd
BTC Address (must be SegWit):tbd


I will update the signature to the new one if accepted
I wanted to follow up about this.

With the implementation of the IQ system, most applications do not appear to have sufficient IQ to even post. To my knowledge, I have the highest IQ score of the applicants.
4  Other / Meta / Re: IQ testing now required before posting on: April 01, 2022, 03:44:39 AM
It appears you get points for each correct answer, however the affect of each correct answer appears to decay.

Now that my IQ is proven to be sufficiently high, I can officially post.
5  Other / Meta / Re: IQ testing now required before posting on: April 01, 2022, 03:42:01 AM
We should actually implement this.
I think something like this could be a good optional learning tool for learning a bit more about Bitcoin. I know the intention isn't at all serious, obviously. However, I know that theymos' was interested in doing some sort of Bitcoin course, and tying it into the forum. Although, doing something like this which caters to Bitcoin questions, and having a way for users to compete or compare scores, could promote some users to gain some knowledge, even if they were googling the answers, they'd likely learn something.

We could basically offer some learning to users, when they would be posting anyway, and providing a leaderboard of some kind would likely motivate certain users. Obviously, making it optional, and doesn't impact the forum in any real way. Think it could be fun, without other too many downsides.
It appears that your score is determined by the number of questions you get right when you post and/or edit your post. I guessed my answer and my score went up, so I have no idea if the algorithm actually requires a correct answer, or if it scores an answer as correct randomly.
6  Other / Meta / Re: IQ testing now required before posting on: April 01, 2022, 01:08:45 AM
Fun. We should actually implement this.
7  Economy / Services / Re: [OPEN SLOTS] ChipMixer Signature Campaign | Sr Member+ on: March 27, 2022, 05:25:09 PM
Wait, are you saying we shouldn't use that avatar if we are applying?
We should definitely not include invalid URLs in our personal text.  Tongue
Fixed. Thanks. I am not sure how that happened.
8  Economy / Services / Re: [OPEN SLOTS] ChipMixer Signature Campaign | Sr Member+ on: March 27, 2022, 04:47:55 PM
[...]
Petition to wear this on April fools.  Cheesy
Wait, are you saying we shouldn't use that avatar if we are applying?
9  Other / Meta / Re: Does forum allow referral link? on: March 27, 2022, 04:41:57 PM
The "unofficial rules" show this:
4. No referral code (ref link) spam. [1]
The keyword there is spam. Many signature campaigns show their signature in the OP, including reflink. I reported (quite a while ago) a topic in Games and rounds with reflink, but it didn't get deleted.

A good way of looking at if a post is ref link spam is if the post would have been made if the ref link was not in the post.

For example, in a signature campaign OP, there are sometimes ref links in the signatures so performance of the campaign can be tracked. In these cases, the post would have been made if the ref link was not present. In other cases, someone might create a thread talking about a site, or responding to a post with a ref link to the site in question. In these cases, it is probably fair to say the person would not have made the post if they were not posting a ref link.
10  Economy / Services / Re: [OPEN SLOTS] ChipMixer Signature Campaign | Sr Member+ on: March 27, 2022, 04:35:54 PM
Username:QS
Post Count:tbd
BTC Address (must be SegWit):tbd


I will update the signature to the new one if accepted
11  Economy / Reputation / Re: Does Loyce, Bpip & Ninjastic collecting IP-data of visitors? on: March 05, 2022, 03:44:49 AM
I consider that on these sites should be a warning of big large words, which indicates whether IP addresses are collected or not
It is not possible to know with certainty if any of these sites are collecting personal information. You should assume that the operators are collecting information on their users.
12  Other / Meta / Re: Extended Ranks Proposal on: March 05, 2022, 03:39:56 AM

Since the Merit System was set in motion(*), 182 Legendary members (48 from scratch) have ranked-up needing Merits in the process, and 173 Heroes (71 from scratch). Not that many considering (besides all those pre-Merit System ranked members also existing).

There could be room for additional ranks, although I wouldn’t say that there is any seemingly good reason for it beyond elevating the ego of those that would meet the requirement, at most. Currently:

There is an argument for adding additional ranks below Legendary and not grandfathering people into the resulting higher ranks.

1000 merit isn’t easy to achieve and not many will get there. 400-500 is much easier and more will earn this much merit. There could be some criteria to adjust the initial airdropped merit downwards and some working towards getting legendary status could need to get less merit, while those with a lot of merit could have a higher rank.
13  Bitcoin / Development & Technical Discussion / Re: [Megathread] The long-known PoW vs. PoS debate on: February 28, 2022, 11:36:11 AM
It's been long time since i saw PoS discussion on this "Development & Technical Discussion". I hope there won't be any chaos.

P.S. Here is a realistic risk of PoS: a lot of people have proven to see cryptocurrency as a trading tool and they will deposit their coins on a centralized exchange. All of a sudden we have one entity with a huge amount of coins aka stake that can control the PoS too.

And it already happened several times. For example, Binance, Houbi and Poliniex helped Tron foundation to perform hostile takeover on Steem network[1]. Binance only apologize[2] while Houbi make an excuse[3] without any real action.

[1] https://cryptoslate.com/big-exchanges-conduct-a-hostile-takeover-of-steem-blockchain-following-tron-acquisition/
[2] https://www.cryptoglobe.com/latest/2020/03/binance-apologies-for-its-role-in-justin-sun-s-steem-takeover/
[3] https://coingape.com/huobi-exchange-responds-steem-network-takeover-by-justin-sun/
Couldn't you replace the exchanges in question with major PoW miners? The exchanges in question hold customer money, and customers could trivially move their crypto to their own wallet, or another exchange.

There are still pools today, but mining has become increasingly done by entities that own large amounts of mining hardware.
14  Economy / Scam Accusations / Re: Dzeros has been found, funds seized, preparing to reimburse victims. on: February 28, 2022, 11:25:17 AM
1: In 2014, Quickseller dox'es me in 2014 and labels me as a scammer for running investor-based (ponzi) games that were promoted in the investor-based games section and TO-DATE does not have any complaints from those who played + stated VERY clearly that full loss was probable WITHOUT burying this fact in legal jargon (unlike facebook who rob all of you suckers of your data and sell it to the highest bidder and bury this fact in their tos that is thousands of pages long)
> So let's shorten this one - I was dox'd for being a part of a team who ran transparent games where some people lost and some people won, games that stated loss was probable, and was promoted in gambling/hyip/ponzi game boards only. This dox ruined me mentally, but no, that wasn't punishment enough...
There were multiple people that complained when you scammed your "investors". You were not transparent about what you were doing, in fact you were misleading "investors" about what you were doing.
15  Bitcoin / Development & Technical Discussion / Re: [Megathread] The long-known PoW vs. PoS debate on: February 28, 2022, 11:22:23 AM
I'm as pro PoW and anti PoS as anyone, but your case is not strengthened by the sloppy reasoning at the end:

In proof of work, when you setup your ASICs and start mining you're, intentionally or not, subsidizing decentralization as the rest of the miners suddenly have less power.

The same thing happens in proof of stake: To acquire voting power you buy stake from existing stake-holders, who end up having less power.

Quote
The opposite happens in proof of stake: To acquire voting power you increase their gains.

Financial gains has little to do with it. If you buy ASICs from another miner, then you also increase their gains.
This.

I am not aware of any serious argument that suggests PoS will result in mining to become centralized, over time or otherwise.

Bitcoin PoW mining today is not controlled by any single entity, but the number of major miners has decreased from what would have been predicted even a few years ago. There have probably been times in which a small group of unrelated entities could theoretically band together to execute a 51% attack on the network, but the economic incentives around PoW seem to have held up and we have not seen that.
16  Bitcoin / Press / Re: [2022-02-10] CNBC: Binance is taking a $200 million stake in Forbes on: February 28, 2022, 11:16:46 AM
I am concerned about Binance's spree of investments however, they are giant enough now and they seem to like manipulation so I really wonder what they are planning to invest in Forbes for.

CZ’s plan for Forbes will be similar on how the billionaires like Bill Gates, Jeff Bezos or Mark Zuckerburg use the companies they have in their control. This is always for more profit and more influence. Do you reckon Warren Buffett looks good in mainstream news media because he is really a good person or a good investor? CZ might use Forbes to make him the next Warren Buffett because a lie repeated long enough will become the truth for the audience.
The investment is only a stake in the company, but I suspect that Binance will seek to revamp its business model to something more in line with traditional news outlets (with reporters reporting to editors), and will seek to move its news coverage accordingly. They can address repetitional baggage issues by saying that their business model has changed.

collecting your data, and selling all that information to advertisers, governments, and any other third party which will pay for it.
There is no major tech company that sells user data. For the most part, tech companies will use your data to allow advertisers to target a more specific group of people. They also use very advanced algorithms to predict attributes about people so advertisers can again target a specific group of people. This allows them to charge much more for advertising than an advertisement that is shown to everyone.
17  Other / Politics & Society / Re: Is Putin Threatening or Serious on: February 28, 2022, 11:05:25 AM
I'm like 70/30 on the side that Putin will not do a major invasion. The costs are just too high for Russia. He'll probably do something, but it'll probably be something that won't be clear enough to unify all NATO members. Something like sending only medical units into the Donbas to provide humanitarian aid. I think that this whole thing is most likely to be more of a mind game against NATO than anything.
It really depends on how much resistance that Putin thinks Ukraine will put up in an invasion. If Putin believes that Ukraine will act similarly to the Afghanistan military last summer, he is likely to invade, especially if he believes that Germany will not abandon the Nordstream 2 pipeline. If however he believes that Ukraine will put up a decent fight, he may not want to risk heavy losses and the potential for a domestic uprising in response to said losses.

Another factor is likely to be what he perceives to be Biden's resolve to actually take any military action if Ukraine is invaded. Just last year, Biden intentionally lost a war that all we needed to do in order to win was commit a nominal amount of troops and resources. Biden is also historically weak.

Before making the decision to invade, Putin is likely to try to get major concessions from NATO that would weaken NATO.

Putin wants to see Russia reunited with former USSR countries, and Ukraine is the first step in achieving that.
It seems that I was right. Putin ended up invading, while expecting to only need 3 days worth of supplies for his troops. He expected Kiev to fall within 1-2 days, and be greeted with open arms as a liberator. Obviously none of that ended up being the case, and now Putin is at risk of facing defeat.
18  Economy / Reputation / Re: Abuse of rank in Bitcointalk from TwitchySeal and Sportsbet.io on: February 14, 2022, 06:07:33 AM
If the OP makes his victim whole, he should have his trust issues resolved. Although as I mentioned, I think the chances are high that this person engaged in similar behavior in the past.

You are not allowed to spam referral links in forum posts. Sending a ref link in a PM is acceptable, as long as you are not sending an unsolicited PM.

In this case, OP sends the affiliates link via PM. I hope OP will clarify if that guy was agreed before he send the PM.

If someone receives an unsolicited commercial PM, they should report the PM. If the OP has a single infraction of sending unsolicited spam PMs, they will likely receive a warning from a mod without a ban, or at worst a temp ban lasting a few days.

For the record, the feedback I left wasn't simply because of a single unsolicited pm with aff link.  It was the pm plus behavior in the thread I mentioned: https://bitcointalk.org/index.php?topic=5382115.0
My issue is not necessarily with the OP sending spam PMs with referral links. My issue is with the OP promising to pay someone 1 LTC in exchange for signing up via his referral link, the victim accepting the offer by signing up via the OP's referral link, and the OP not following through on his promise.

The referral spam is certainly annoying, but is not something I would agree that negative trust is warranted for. It is the OP not honoring his promise that I believe makes the negative trust appropriate.
19  Bitcoin / Legal / Re: Coinbase and TurboTax Offer Tax Refunds in Bitcoin on: February 13, 2022, 07:33:24 PM
Coinbase is essentially allowing their customers to open something very similar to a bank account as their coinbase account. As with "real" bank accounts, account holders can receive things such as paychecks (or their tax refund) via direct deposit. That is exactly what coinbase is doing. They are allowing people to have their tax refund sent to their coinbase account via direct deposit.

Coinase is partnering with TurboTax to advertise this option.
20  Bitcoin / Legal / Re: Cease and desist notification(s) served to CSW / BSV re: the Bitcoin BTC logo. on: February 13, 2022, 07:29:43 PM
To clarify, use of the original "right tilted", "orange" #Bitcoin #BTC logo continues unhindered 'as-is' in the public domain."

I don't get it. If the logo is in the public domain, then how can its use be restricted?

I maintain Threshold of Originality over the current Bitcoin BTC logo / design concept, as a proven originator of the logo design.

I can therefore apply (and legally enforce) Trademarks in jurisdictions.

I am not sure that is correct. My understanding is that a trademark holder can take action to prevent someone from confusing potential customers into thinking a product is similar to the trademark holder's brand.

So if Dell were to sell a Dell computer named "Mac", then Apple could sue Dell for trademark infringement because Dell is confusing potential customers as to the brand of computers being sold. There may be the potential to extend that concept to a logo. However the entity bringing the action needs to be the trademark holder, not the creator of the name or the logo.
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