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1061  Bitcoin / Bitcoin Technical Support / Re: Phishing, scam, etc...I'm a noobe. on: January 19, 2024, 08:52:30 AM
I went to a reputable btc transaction accelerator site and paid them $60 to help push the transaction through.  It confirmed in less than an hour after I payed him.  I am also leaving bitcoin and any new headaches from it behind.
As much as I like Bitcoin, I can't deny that current transaction fees and on-chain limitations are bad. Bitcoin can't grow without more users, which it can't handle because all blocks are full. My first Bitcoin experience was a good one back in 2015: I could make many transactions at a very low fee, which gave me a good feeling of how Bitcoin works. You can't do that now without paying a small fortune in transaction fees. And even if it's "just" a few bucks per transaction, that's too much just to try it out.

Quote
and/or to start learning about litecoin
Litecoin still has low transaction fees. For $0.01, you can make about 50 transactions. The good thing is that Litecoin works about the same as Bitcoin.
1062  Other / Beginners & Help / Re: [CHALLENGE] Run A Bitcoin Node: 14 Days To 14 Merits on: January 19, 2024, 07:15:04 AM
when I started the node again, it couldn't connect to the peers anymore.
Judging by your screenshot, the wallet is "Up to date.", which means it's connected. Click Window > Peers to confirm it's connected.
Maybe you're just not used to seeing the real interface without IBD Tongue You can create a wallet now.
1063  Economy / Reputation / Re: AI Spam Report Reference Thread on: January 19, 2024, 06:57:40 AM
How about Legendary user finist4x? It woke up last week, and posts chatbot diarrhea on the tech boards:
Yes. All of his posts appear to be AI generated.
The feedback he sent me, you and nutildah looks like a confession:
Quote
The new cycle requires new information channels and tools.

Sidenote: We are losing this battle.
That was to be expected. Chatbot-spam gets harder and harder to detect (and prove), and if Mods don't ban them on the spot for plagiarism, there is no limit to the amount of verbal diarrhea they can create.
1064  Bitcoin / Bitcoin Technical Support / Re: Phishing, scam, etc...I'm a noobe. on: January 18, 2024, 08:18:03 AM
LoyceV, I'm disappointed. "sending address"? Really? I thought you knew better.
First: you are (of course) correct. But if Blockchair shows "Senders" and "Recipients", I think the phrase "sending address" is less confusing to someone who's new to Bitcoin than "UTXO". And I'm so used to this, that I didn't even think about it being technically incorrect.
1065  Bitcoin / Bitcoin Discussion / Re: What if authorities launch a tax for owning bitcoin? on: January 18, 2024, 08:00:39 AM
If in the future the government does tax for holding Bitcoin then how will they know it without the owner of the wallet disclosing about it.
The same applies to many other taxes: tax payers are responsible for reporting the correct amounts. If you don't, government can fine or imprison you. The level of tax evasion varies per country, Italy holds the record in EU. That makes me think it's much more socially accepted in Italy, but I have no idea what consequences there are for tax evaders after they get caught.
1066  Other / Beginners & Help / Re: Say OUI to privacy! on: January 17, 2024, 06:22:50 PM
To members like LoyceV it goes as far as pulling the curtains of his windows before using his Bitcoin Wallets.
I guess you don't know Dutch houses: they have large windows, are built close together and don't have much distance from the sidewalk.
1067  Economy / Services / Re: LoyceV's Avatar for Rent [first 🦊🦊🦊🦊4 YEARS🦊🦊🦊🦊 (252 weeks) rented out] on: January 17, 2024, 06:20:00 PM
Thanks again for your flawless timing!

I'm having a drink to o_e_l_e_o tonight.
1068  Other / Archival / Re: Merit Users Warning!! BIG RAFFEL on: January 17, 2024, 06:09:04 PM
Even if you'd show proof of funds, you'd be buying Merit, which will only get you red tagged.
1069  Economy / Reputation / Re: Farewell on: January 17, 2024, 03:10:07 PM
Damn, this sucks Sad
Look on the bright side: Less competition for the top merit spot! Tongue
You still have your sense of humor, that's good Smiley What else can you do than try to see the bright side.
1070  Bitcoin / Electrum / Re: Electrum: how to use Full RBF? on: January 17, 2024, 12:59:20 PM
Is it to bump the fee of txs created by other wallets?
Yes.
1071  Economy / Reputation / Re: Farewell on: January 17, 2024, 12:56:19 PM
Damn, this sucks Sad
Spending time with loved ones is indeed the most important thing for your remaining time on earth. You made a lasting impression on Bitcointalk.

Farewell.

Bro, I hope you're lying for some anonymity or other kind of reason and that you're not terminally ill.  Seriously.
The same thought crossed my mind. But not taking this seriously wouldn't be fair either. Real life can be unimaginably tough Sad
1072  Bitcoin / Bitcoin Technical Support / Re: I need your help on: January 17, 2024, 12:29:55 PM
There is no other way. . . Sad
May I ask why "they" donated that many dust transactions? Were those different people or was it one person?
1073  Bitcoin / Bitcoin Technical Support / Re: Any means of combining multiple output into 1 ? on: January 17, 2024, 08:52:02 AM
If I'm to receive like 30 different deposits from 30 different wallets into one wallet
Are those 30 wallets yours, or do the funds come from other people? If the wallets are yours, you could import all keys into one (offline) wallet instead of sending them, and then create one large transaction to create one new input.

Also note that consolidating 30 different wallets is bad for privacy.
1074  Bitcoin / Bitcoin Technical Support / Re: [Jan 2024] Fees are high, wait for opportunity to Consolidate your small inputs on: January 17, 2024, 08:26:34 AM
It seems to me that if that ends up being true, then it is more likely more difficult to sustain.. and then also the one entity theory (which I had read through your previous post on the topic) would suggest that it is a kind of an attack rather than legitimate (and/or) organic (green turf) kind of usage.
My expectation was that someone is somehow turning a profit from the Ordinal scam, but I can barely believe that produces enough money to spend many millions of dollars per day on Bitcoin dust transactions for months in a row. Then again, ICOs also earned massive amounts of money, so maybe enough people are really still dumb enough to fall for this.

Since their Ordinal crap needs it's own wallet anyway to make any sense, they should have built this whole scam on LN.
1075  Bitcoin / Bitcoin Discussion / Re: Bitcoin EFTs are bad for Bitcoin as a decentralized digital currency. on: January 17, 2024, 08:00:45 AM
Futures ETFs and spot ETFs are as far from Bitcoin's intended purpose as you can get and they serve to make banks more money while giving them more control.
One the one hand: yes, ETFs are the opposite of what I'd want to use. But on the other hand: Bitcoin gives anyone the freedom to use it the way they want. If they want to risk fractional reserve Bitcoin, let them.

Many exchanges have lost their coins in the past. This will eventually happen to an ETF too.

Bitcoin is not an investment vehicle.  If it is not a currency, what value does it have?
I guess it's a bit of both.

There's another benefit to people keeping coins on exchanges or ETFs: the blockchain simply can't handle more on-chain transactions. Current estimates of the number of "Bitcoin owners" are several timse larger than the total number of funded Bitcoin addresses. That can't all happen on-chain, without massive increases in block size.

Most people here have thrown in the towel.  Bitcoin is not now, and will never be a currency!!!!!
I can use Bitcoin right now to order dinner. Of course it's a currency.

My initial take on blockchain, as a technology, is that it could never scale even remotely close to what would be necessary to provide a mainstream payment system. As in, it could never get to even one thousandth of the scale and efficiency necessary to handle even world-wide credit card payments, let alone usurp other forms of payment like cash.
On-chain solutions can't, because storing a quarter trillion VISA payments per year in a decentralized way is simply not viable. That would require massive data centers. But off-chain solutions have the potential to do this: the Lightning Network for instance doesn't need to store all transactions, each node only has to store the current state of it's own channels. Except for the problem of on-chain channel creation, this has the potential to scale very well.



I may even consider using a Bitcoin ETF: unlike my own keys, an ETF comes with tax benefits for pension savings. But that would also mean I have to trust the ETF for decades, and I'm not ready to do that yet.



Banks are just trying to remain relevant Wink
1076  Bitcoin / Bitcoin Discussion / Re: What if authorities launch a tax for owning bitcoin? on: January 17, 2024, 07:41:55 AM
With mining starting to be concentrated in just 3 or 4 large pools, it is not difficult for governments to start creating greater rules and restrictions.
Miners can easily switch pools. The moment one pool is subject to unwanted government involvement (let's say a tax on freshly mined Bitcoins), miners will leave. Money talks.
1077  Other / Beginners & Help / Re: [CHALLENGE] Run A Bitcoin Node: 14 Days To 14 Merits on: January 17, 2024, 06:58:33 AM
what happens if I don't backup wallet.dat?
You'll be one failure away from losing your Bitcoins.
1078  Economy / Reputation / Re: OGNasty and Theymos ongoing scams (Latest lie: Jan 12, 2024) on: January 17, 2024, 06:45:17 AM
Yes, OG did delete the messages where he laughed about punching out LoyceV's teeth and selling them here on the forum.
Why is he not banned for breaking forum rules?
8. No threats to inflict bodily harm, death threats.
1079  Bitcoin / Bitcoin Technical Support / Re: FLYP tumbler Pending issues HELP needed! Reward 200$ on: January 16, 2024, 06:29:06 PM
Moderator could delete this topic if possible since the problem is solved!
Mods won't delete it, so others can read it too. Best you can do is lock (bottom-left) this topic.
1080  Bitcoin / Bitcoin Technical Support / Re: I need your help on: January 16, 2024, 06:26:20 PM
To put it simply, I developed a mint inscription tool, and then they donated about 5,000 transactions to me, and each transaction was (2000 Satoshi).
Now I find that I can't get these Bitcoins because I need a lot of gas. This is a cost I cannot accept Cry
There is no "gas", there's only "transaction fees" in Bitcoin.

So you have 0.1 BTC in dust. Yep, you're screwed. And since those "inscription" spammers are the cause of the high transaction fees, it feels like sweet karma to me Tongue
Either way, just wait. If fees drop enough, you can consolidate them at 1 sat/vbyte. You're going to need patience.
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