That's correct. The reference implementation of Bitcoin called "bitcoin core" doesn't support mnemonic algorithms so if you want to use your BIP39 mnemonic in it you'll have to derive the extended private key (xprv) from that seed phrase and then import that into core using "getdescriptorinfo" command with the desired derivation path.

In Bitcoin world (and by extension its copies) we should always find balance between the advantages and disadvantages of each feature.
When it comes to blockchain size, that balance is involving the individual block's maximum allowed size. By keeping it limited, we ensure the blockchain size growth to be reasonable and doesn't lead to centralization while keeping it at a level that can satisfy demand for the block space and doesn't cause mempool congestion.

The biggest thing this country can do which would turn El Salvador into a true Bitcoin Haven is to start attracting big bitcoin related businesses into their soil by offering them good regulations and small taxes. For example a centralized bitcoin and/or altcoin exchange located in El Salvador which is a friendly country to bitcoin with low taxes (on the business) could give them a very good revenue while providing a good CEX service to people around the world (less KYC nonsense and accounts shutting down with silly reasons like receiving "tainted" coins).

The problem you're describing is all about greed. People who didn't buy as much bitcoin as they could back when price was in $20k-$30k range were greedy thinking price would fall down more. I remember the topics telling them (or rather fooling them) into believing price is going down as low as $15k so they waited and refused to buy.

People who do that, will also wait after price goes up to something like $40k because in their head they were calculating their profit based on $15k entry and $40k is terrible; so they wait for $15k then price goes up to $50k, $60k, $70k and keeps rising until they buy at a massive loss during a FOMO at something like $300k.

DCA is good for these people because it gets them to buy something even if they get greedy.

Man we're going waaaaaaay off topic here

Superpowers like Russia and US (and by extension NATO) have weak militaries with fancy equipment. In my opinion there are 3 main reasons for it:

First and foremost is that they have not been in any actual wars for decades (most of them after WW2) and that has made them soft. Even US regime that has spent all its time in wars hasn't been fighting "actual" wars. For example if you check all the countries they've invaded in the past 3-4 decades, they either had no military at all (eg. Afghanistan) or were already disarmed and their military, government, etc. had fallen apart (eg. Iraq, Libya, Syria, ...).

Second reason is after they built their nukes, they thought they are protected so they mostly stopped developing their armed forces technologically. I'm not saying there hasn't been any development, but there weren't any where it counted. I believe they call it "conventional warfare with conventional weapons".

And finally the development they pursued was mostly a stupid competition between themselves. For example US built F35, Russia built Su57. US built aircraft carriers, Russia built aircraft carriers. This is why for instance when US regime spends hundreds of billions of dollars and almost 3 decades in research and development of the most advanced stealth aircraft (project called "The Beast") it turns out so pathetic that the moment it gets close to the borders of a much more technologically advanced country called Iran, it is not only detected very easily but also hacked into, taken control of, landed safely and then decrypted, reverse engineered and mass produced in a short time!

There is little ingenuity in warfare among these so called "super powers"... this is why they keep losing their wars in the long run.

Your view of warfare is very far from reality, it's mostly something you see in Holywood.

Funny thing is that those idiots in Washington think like this too. Which is why they spent $12 trillion in West Asia in about 20 years and couldn't achieve any of their goals. We already saw how pathetically they escaped Afghanistan leaving behind $100 billion worth of weapons and ammunition for the cavemen called Taliban.
Things aren't significantly different for Moscow. In fact one of the first things I said when Russia invaded Ukraine was that Ukraine is Russia's Afghanistan.

Just because they've capped their aid to 100-300 km range, it doesn't mean a tiny bit higher range is categorized as "long range".
Generally speaking for cruise missiles 300-500 km range is still categorized as short range and barely enters the medium range category. Long range for cruise missiles starts from 1000 km range and above.

BTW something as weak as Taurus with its subsonic speed with a semi-light warhead and very weak accuracy is not helpful at all. There is a reasons the number of Taurus missiles produced and exported is extremely low.
If you want to use an example, at least use something decent. Even the shitty US made Tomahawk missiles with their high failure rate (1 out of 4 fails!) is much better than Taurus and is categorized as long-range for real (1700 km).

An armed conflict between India and China is unlikely and I'll give you 3 reasons for it:
1. The "disagreements" between the two countries have existed for a long time (like about certain areas between the two countries and borders, etc.) and it has never led to any major conflicts. In other words India has a much higher chance of going to war with Pakistan than with China.

2. The two countries have nukes. The chance of an armed conflict between two nuke owning countries is always low because of the mutual destruction capability.

3. The two countries are going on a different path which means there will be less tensions in the future. India is going on the path that China went decades ago (mass producing "simple" stuff) while China is getting past it and is entering "tech" products and will want to transfer that burden to India.

You are contradicting yourself.
US heavily depends on imports, specially from China and somewhat from India. If according to you price of those products go up that means inflation in US which means FED will be forced to increase interest rates to battle inflation not decrease it.

Another contradiction. If US regime wants to spend a ton of money, they'll have to print trillions. If this aid is bigger than Ukraine aid they'll have to print even more.
This means higher inflation which again the FED has to battler by increasing the rates not decreasing them.

Another reasons for higher inflation and higher rates.

It is weird that you advertise these two centralized shitcoins in most of your comments!

What's next? are you going to predict the sun is going to come up the next morning every night? LOL

If you have ever looked at the bitcoin charts you could have seen that we have a lot of these big crashes and big rises many of which were bigger than the pandemic induced crash.

After the recession caused by the pandemic, the drop in bitcoin was somewhat predictable. The same way this latest crash when the recession began 2 years ago was predictable.
It is also natural to see price go back up after such crashes, since bitcoin has still not reached mass adoption so the big rallies is ensured since the adoption is still increasing a lot more than the existing supply.

P.S. By the way people weren't and aren't laughing at you because what you said is crazy but because you did not provide any evidence, even any logic for your claims. Just saying "they benefited from the crash so they must have caused it" is not going to convince anyone. Instead it would lead to your ridicule.

Bitcoin is definitely a completely separate market with its own ecosystem that does NOT depend on any other market, which is the point I was making. But at the same time Bitcoin is still part of this world and part of the global economy so it is expected to see bitcoin price be affected by the global economy, but that effect still doesn't mean "following" other markets.

Just because something has the word "private" in it doesn't mean it is actually private and provides you with anonymity. In this case you can not even use the word "google" and "anonymity" in the same sentence let alone think what this US based anti-privacy company in the biggest anti-privacy country is giving you any degree of anonymity

To be clear that drop had nothing to do with the pandemic nor did it have anything to do with other markets crashing. It was all about the economy crashing. To be more specific it was the recession that led to bitcoin price dropping too.

That's the same reason why this current rise was postponed this much. All the conflicts over the past 2 years and crisis that followed caused recession that prevented bitcoin from rising. Even though recession is not over and it still is creating sell pressure on the market, but the demand has risen so much that is currently countering that.

This is not accurate.

What this statement is missing is the time-frame.
History clearly shows that right after the halving there is a drop. It is natural too and it is not surprising at all. A lot of people buy bitcoin because of halving "hype" and these people cash out when that hype ends. But such drops are never massive. You have to keep in mind that there is a difference between a correction and a crash. After halving we have a correction not a crash. Meaning price is unlikely to reach $40k.

In long term after halvings we have the bigger rise start. This bigger rallies lead to the eventual bubble.

The only reason why we are setting a new ATH before halving this time is just because due to global economic situation the cycles are broken and previous bubble-burst duo was left early and without reaching the top.

This is getting interesting.
Your sighash digest is now correct but I also can not verify the signature. Here are the values I got:


Maybe there is something I'm missing that a third party can tell us...

You are missing the whole reason why the US regime's scam with oil and dollar worked.

It is called Petrodollar, and it is US regime forcing everyone to use the US dollar when they want to trade oil. This created a monopoly and artificially strengthened the US dollar. The distinction you are missing is that it was never about having oil or how much oil you have, it is about forcing others to use dollar when trading oil.

They can not force anybody to use dollar when they want to trade bitcoin which means such monopoly can not be created regardless of what companies including Blackrock do, hence you can't even begin to compare the Petrodollar scam with what these companies are doing.

The reason is simple, there are many exchanges around the world that offer bitcoin markets against a wide variety of fiat currencies. The more popular bitcoin gets elsewhere, the more these exchanges grow.
That is not to mention the fact that people don't have to "exchange" fiat for bitcoin. Bitcoin is a currency and people can earn it just like they earn any other currency and it is global.

Bitcoin protocol is "flexible" in certain places, one of which is the sighash byte.
This means we are not strict about what values are accepted, instead we work with the bits in that octet to decide whether SIGHASH_SINGLE or SIGHASH_NONE or SIGHASH_ANYONECANPAY is set in order to choose a different branch while computing the sighash. If none of these bits were set, those branches (in the code) are skilled and we call it SIGHASH_ALL.

To understand it best I like to think of it as splitting the byte into 2 limbs: the upper 3 bits and the lower 5 bits.
0xa8 is 0b10101000 so we have 0b101_01000
The lower part indicates NONE or SINGLE but only if the value is exactly equal to 2 or 3 respectively.
Here 0b01000 is equal to 8 so it is neither.

The upper part indicates ANYONECANPAY but only if the highest bit is set.
In 0b101 we can see that the highest bit (0b101) is indeed set so this is ANYONECANPAY.
In other words unlike the lower limb, equality is not checked here meaning 0b100, 0b101, 0b110 and 0b111 are all considered ANYONECANPAY and 0b000, 0b001, 0b010 and 0b011 are not.

In code it would look like this:

When computing the sighash digest, sighashtype byte is written to the stream as the same value converted to Int32 and in little-endian order meaning as 0xa8000000

If you are trying to predict what the next bubble peak is going to be where people sell so much that it stops rising, I have to tell you that it is impossible to know or predict. Look at any of the other cycles and the bubble peaks. Nobody could tell at those times. For example when price reached $1200-ish back in 2017 (which was the previous ATH set in 2013) nobody could even dream of price reaching $20000 in less than a year as the ATH.

It's the same today. Now that we've just broken the previous ATH at $70k, we can not tell if we are going to reach $200k or $1.1 milllion (same rise as 2017 percentagewise).

The problem isn't with the browser you use but it is caused by the zoom level that you are using. The below screenshot is Firefox with different zoom levels. It is the same in Chrome too. Around 165% the text starts breaking.

LOL

What you've been hearing in the mainstream media that has gotten you hyped up is not about war and definitely not between France and Russia
Despite their delusions the days of Napoleons and Tsars are long gone.

It is just jackals and vultures (namely the regimes in England, France and Germany) fighting over the carcass known as Europe after the dust settles.
The unions and coalitions have been weakening and will soon fall apart... They're active today to feed on the leftover so that when the 20th-century-style wars begins everywhere and everyday, each have "more" on their side.

Majority of people don't know the definition of money and its difference with currency which is why terms such as "fiat money" exist.
In short money is currency that is also a store of value.

Effects of good news (if we can call ETF approval a good news) is immediate and short. Meaning if this news were to affect the price, first it should have affected the price right after the news came out not a long time after it and also such effects don't last that long. We can already see how the price keeps on rising which means it has nothing to do with that news...