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1461  Economy / Economics / Re: US Advisory on Payment App Risks and Bitcoin’s Position as a Secure Alternative on: June 11, 2023, 10:27:36 AM
I know it's not safe - but sometimes I also think all options have their own risks. For me it's safer to keep some money in a personal safe than in a bank account for whatever reason - but of course some people are more comfortable saving it in a bank account. After all I don't live in any European countries, so paying for something in cash in any amount is fine on my part.

For my perspective prefer cash and using it daily is safer, bank can also collapse tho the case is extremely rare. and usually, happen when there is something people inside who are corrupt or there is a major economic turn.

and also paying in cash maybe still be preferred in any nation.



Tho everything has its own risk including storing money with bitcoin ex. volatility maybe we can make the risk even smaller the example is like diversify the money or we can use the bank but only FDIC can handle the limit after quick google search i found that FDIC has rule "$250,000 per
The standard deposit insurance coverage limit is $250,000 per depositor, per FDIC-insured bank, per ownership category" - https://www.fdic.gov/resources/deposit-insurance/faq

theoretically, we can deposit in the bank 250K per bank so just open multiple accounts and deposit that FDIC can handle that is 250K per bank.

The reason we are using app like Venmo or PayPal it is because some people think is convenient to do transaction with the app, to reduce the risk that we only deposit a little only for daily transaction and not hold it for long period of time.
1462  Economy / Economics / Re: Money is never enough! on: June 11, 2023, 10:15:04 AM
I also have the same thought as you. Because even greed can make a person want everything not just money. But greed can even push someone who already has a lot of money to be able to achieve other achievements to fulfill their self-satisfaction such as power and fame they also want to get. Even scarier than greed is that they can do anything to get what they want. But when someone has been overcome by a strong sense of greed or greed attached to them. then happiness in their life will begin to be difficult to find and they tend to feel restless and anxious. because basically they never feel enough with what they have now.

Tho greed is human nature  Grin I sometimes have greed, it is even more active when I do futures trading any amount of percentage of profit will never be enough. But little of loss will be frustrating me, right now Im still trying to control of it.

and by the way, I'm curious when people are rich that they can buy a lot of things with their money. What actually they thinking when anything can be bought, are they felt different or greed would still be there.
1463  Economy / Economics / Re: To Hodl or Lend: What is your take? on: June 11, 2023, 09:37:57 AM
I don't know the answer could be a long answer but the simplest version of my opinion would be like this

Lend if you want more money while hodl but it has minimum risk, tho it is considered as a risk. and you need a person to use your money. Default on loans is still a thing and problems like this will never be going away. and most bitcoin lending would be on centralized exchange.

Hodl if you have enough money and can forget the noise of the volatility and the purpose is for really long term not a profit in short term and you dont want to take any risk associated with lending activities
1464  Economy / Exchanges / Re: Cz or the Sec who would you support? on: June 11, 2023, 09:28:59 AM
Whoever wins the case, it does not really matter much to Bitcoin and other crypto. I'm general BNB, and any coin associated with Binance might be affected... But bitcoin transactions will still continue.

I quite agree with you, tho bitcoin has already lives for a decade now but if the SEC win you are gonna see price bleeding for maybe like a couple of weeks because US investor cant do what they want to do, at least they do legally.

Crypto basically bypass things like this but the government has full control to regulate, meanwhile, just look up the news and now is more than 20 crypto that are considered as securities https://beincrypto.com/full-list-cryptos-securities-sec-lawsuit-binance-coinbase/ it could be more

Im not trying to defend Centralized Exchange but they should win the case for the crypto because centralized exchange too we can see the mass of crypto adoption.

if they won the case you can see more adoption to crypto right
1465  Bitcoin / Bitcoin Technical Support / Re: Please help me, what happened with my transaction? on: June 10, 2023, 03:55:29 PM
As you can see from this thread and some others that have popped up on the forum, Trust Wallet is not that convenient now when people have started experiencing connection problems, missing transactions, balance updates, no history of transactions, etc.

For DeFi, ETH tokens, or other altcoins, sure, go ahead and use Trust Wallet. It's not like the competition is any better because almost all multi-coin wallets are closed-source and not the best security-wise. E.g., Atomic Wallet had a huge breach (apparently) not that long ago. But you have better options for bitcoin hot wallets and I fell like you should use them.

Yeah currently Im looking alternative for the DeFi, couple month ago I bought Safepal Hardware Wallet the company who backed by binance but it turn out the safepal also closed source  Undecided So I think i put the wrong move again
1466  Economy / Speculation / Re: It was easy to know the SELL of this week with a simple chart analysis on: June 10, 2023, 03:34:05 PM
Well the bearish already started again from the SEC news.

Daily candle Bitcoin retest at 26K level and that is 200 EMA and also previous support hope the news is clear and rebound from that

1467  Economy / Speculation / Re: Crypto experienced bloodshed on: June 10, 2023, 03:08:25 PM
yeah I hear the news what a crazy, SEC is somehow always puts crypto like a bad actor.

Liquidation yeah I also hit by that 70$ gone  Cry Gary is shit or I would say the SEC too I mean they should make an rule first before doing something like this What i know a things that considered as security should meet the criteria of Howey test.

But look at this the regulation of crypto is still unclear but Huhhhhhh I done with this kinda of bullshit
1468  Bitcoin / Bitcoin Technical Support / Re: Please help me, what happened with my transaction? on: June 10, 2023, 02:46:33 PM
You can send your coin from Trustwallet to Electrum which is better. No need to export seed phrase or private key because Trustwallet is a close source wallet.
If you are talking about moving your bitcoins to a better wallet, you need to cut all ties with the Trust Wallet. That means sweeping your balance to a new wallet whose seed was generated on that new client. Exporting and importing the Trust Wallet private keys isn't recommended in that case. As Charles-Tim suggested, OP should create a new wallet with a new set of keys.

yeah guys thanks for the concern  Cool Like I was mentioned before in my previous post that Im using trustwallet because it's convenient and their mobile app is super friendly and I'm using it for playing with DeFi World. Tho its temporary and for hot wallet so i have small amount of money there and have been using it for daily transactions only, not Hold for a long time.

He said 'Digtra', but the actual name is Digitra, not Diagra.
Typo  Grin
1469  Bitcoin / Development & Technical Discussion / Re: Fun & learning Bitcoin blockchain downloaded on 1TB Silicon Power 2.5 SSD on: June 10, 2023, 02:37:31 PM
Short answer,
1. Before SegWit activation (which happened on 24 August 2017), Bitcoin block size limit was 1MB.
2. After SegWit activation, Bitcoin block size limit now is 4 million weight units. It allows block size have size bigger than 1MB, with theoretical limit 4MB. SegWit transaction has lower weight unit size compared with non-SegWit transaction which makes there are blocks with size bigger than 1MB.

Ok, thanks for the answer,  Wink

Is that why there is one block with the same tx that sometimes had a different size like in my shown images above, thee is because there are people still using the original address and there are people who are using native-segwit right?
1470  Bitcoin / Bitcoin Technical Support / Re: Please help me, what happened with my transaction? on: June 09, 2023, 12:58:30 AM
Same case from that I post earlier - https://bitcointalk.org/index.php?topic=5454322.msg62377917#msg62377917 the best is move to another wallet i dont know why trust wallet doesnt solve this bug. and by the way i just heard the exchange named digtra is this new exchange or local exchange in your country?

and here is the guide how to export private key - https://community.trustwallet.com/t/where-is-my-wallet-private-key/71185
1471  Bitcoin / Bitcoin Technical Support / Re: BTC transaction confirmed but the amount havent changed on: June 09, 2023, 12:55:57 AM
I am a user of trust wallet for my daily hot wallet and I also notice that sometimes transaction history doesn't synchronize with the blockchain and yes sometimes balance doesn't show up. Try to refresh it and if your address correct and the balance that show on block explorer is correct you can expor your private key to other wallet like electrum that also have an app in Android.
1472  Bitcoin / Mining / Re: El Salvador to develop mining farm Using Volcano Energy on: June 09, 2023, 12:51:54 AM

You add water and turn it into steam the steam drives a turbine.

You recycle the steam and let the volcano heat it again.


A volcano is always hot, magma is always present below or penetrating the continental crust or mantle, the harnessing of the energy doesn't happen in the cone or from the vent where magma flows but from the surrounding area which is heated by the magma. It's the same basic geothermal powerplant, just add some fancy words to it.
Iceland's geothermal energy is basically the same, the heat comes from the Atlantic ridge between Nort America and Europe, but nobody calls it volcano energy, or tectonic energy, or whatever another name.

So it is basically the same with the GeoThermal plant. Meaning the energy that we get from this will be clean cheap electricity.  Cool, Maybe building the plant and using a volcano little bit risky and expensive at first.

They name it like scary monster  Grin I just imagine how they drill the volcano

1473  Economy / Services / Re: [OPEN] [banned mixer] Bitcoin Mixer | Sig Campaign | Up to 0.0036 BTC/W on: June 09, 2023, 12:47:00 AM
Username: dansus021
BTC SegWit Address: bc1quxyftm94p36hvhayvg8a9gcp03lqsptn3zqrwu
1474  Bitcoin / Development & Technical Discussion / Re: Fun & learning Bitcoin blockchain downloaded on 1TB Silicon Power 2.5 SSD on: June 09, 2023, 12:43:26 AM
Thanks for the answer guys I just look up the data from the link that you provide and see this. Bitcoins have 1 MB but from the data below it now has an average 1.6 Mb right, I don't really understand and from year 2010 it keep getting peak so another question is, if the block is designed to hold 1 MB why the graphic show more than 1MB



Since I know nothing  Cry silly me I also look at the mempool.space and found that the block can reach more than 1 MB and just by looking at it easily get 2 MB of data can you guys explain to me  Grin

1475  Bitcoin / Mining / Re: El Salvador to develop mining farm Using Volcano Energy on: June 08, 2023, 01:05:22 AM
I mean this would be great if they realized it.

But first thing first how to get the energy from the volcano Im I missing something here or I am just dumb  Grin Like how? I know Coal powered, solar powered or nuclear powered but this is new for me.

Although if this happens meaning the electricity is cheap right and this is categorized as clean energy right?
1476  Bitcoin / Development & Technical Discussion / Re: Fun & learning Bitcoin blockchain downloaded on 1TB Silicon Power 2.5 SSD on: June 08, 2023, 12:57:37 AM



For those who want to run a full node, the option of 500 GB is not available, given that we have reached 484 GB.

Just curious guys is there any website or thread who predicting the full size of BTC block transaction when all bitcoin has been mined 21 million  Grin .

Bitcoin now already reached almost 500GB full and I know 2022 ETH had around ~700GB, the size getting bigger is there any cart just want to see it . Smiley
1477  Bitcoin / Bitcoin Discussion / Re: Coinbase on the defensive about these bitcoin ordinal centralized meme coins on: June 08, 2023, 12:47:22 AM
"Uniswap still looks to be slightly ahead of Coinbase, with $1.2 billion volume compared to the San Francisco-based exchange’s $948 million."

Uniswap when comes to memecoin and the other token mostly will lot ahead of the Centralized Exchange it is simply because they get listed first and born in ETH or other evm chains Grin

Very interesting how these tokens which have no utility or intrinsic value except to the one's holding it, has up ended the king of all crypto and has caused a flurry of problems for the over 14 year cryptocurrency.

Hahahha It is very very interesting but I am just very sad when comes to Twitter that some user buy at the top and blaming or just started done with crypto industry.

For some reason, people fell into this no-utility token and hoping the price is to the moon because listed on big centralized Exchange
1478  Economy / Economics / Re: 3x inflation in my life time (Im 30) does bitcoin fix this? on: June 08, 2023, 12:41:55 AM
Some of our users use bitcoin as a store of value like digital gold because it is fight against inflation for the long term. But in the short term the volatility of bitcoin makes some people leave although you can get way more more profit if you can play with the volatility.

But please don't look at bitcoin as something that can make your rich in such small amount of time or will be the answer for all the problems that exists, including poverty and hunger, it's not the answer.

and I agree with this Bitcoin not the answer to all the problems. To achieve the goal of bitcoin we need more adoption and some government support by not ban the crypto too Cheesy 
1479  Other / Archival / Re: translationtest on: June 07, 2023, 01:19:41 AM
A list of my Indonesia translation portofolio can be found here https://docs.google.com/spreadsheets/d/1KHstyC9K3Z0XaSaDjE4ww21tM7roQ662C1YOdSlwfyo/edit#gid=0
1480  Bitcoin / Bitcoin Discussion / Re: Deciding to save money in Bitcoins for the future of the child on: June 07, 2023, 01:09:30 AM
If I were you I will diversify my portfolio I mean bitcoin is great it can be up more than 1000% for the current price but bear market has become a ghost to some people.

You might do little math and some spreadsheet and try diversify to other investments like mutual fund, stock or Gold. So when one investment hit by the bear you can still have the safe net
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