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2661  Other / Meta / Re: Bitcointalk was down on: October 09, 2023, 01:53:14 AM
Every post I have sent for about three hours goes to cloud flare. Then posts time out.  If I open another window the post did take.

This issue comes and goes for over a decade. I suspect it may be general internet issue today due to the Israel 🇮🇱 Vs Palestine 🇵🇸 that fired up yesterday.
2662  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 09, 2023, 01:43:54 AM
Bitcoin is currently holding up pretty well considering the world is about to see yet another expensive war. I’m not sure if the reason is because the news isn’t widespread enough yet, people are seeking shelter in Bitcoin, or this just isn’t an event that is going to move the price. I suspect this could turn into a much bigger event then it is currently though.

Republicans in congress have been bitching for quite some time about all the monetary aid the Biden administration has been sending to the Ukraine.

Republicans in congress were about to draw a hard line over the continued funding of the govt and the raising of the debt ceiling, threatening default and a shutdown if Ukraine aid was not revoked.

Then this war in Israel happens, suddenly and out of nowhere.

How conveeeeeeeenient timing (for the Biden administration).military industrial complex

Republicans will now have a very hard time threatening the govt with a shutdown and not providing Israel with aid, since Republicans are the most staunch supporters of Israel known.

Funny how that works politically, eh?

The fkn banana republic circus continues.... 🤡 🌍

Sorry it is not a Biden thing it is we gotta sell guns and weapons thing.

USA has been doing this for 100 years 1920 to now.
2663  Bitcoin / Bitcoin Discussion / Re: Why won't the US government give up? on: October 09, 2023, 01:07:04 AM
It's important to know that Bitcoin is a huge threat to the traditional banking system but the governments are the supporters of the traditional banking system because that's how a system works. They want to have complete power over all the citizens of a their region and that's why they really don't want a payment system like Bitcoin that's totally free from the game of centralization.

The Bitcoin can't be controlled by any governments but they'll always try to control it in the form of regulation. The CBDCs were introduced as a combat force to suppress Bitcoin only and the governments will support CBDCs a lot in order to suppress the growth of Bitcoin, but I'm quite sure that instead of suppressing it they will promote it.

The CBDCs work as a part of the crypto-market and the king of the market is Bitcoin. The more people adopt the CBDCs the more people will learn about Bitcoin and they will also start adopting it. The Bitcoin will grow in value no matter how many competitors the governments put against it. In the end the king will be victorious.

They are deliberately tearing down the old banking system in front of our eyes

https://www.investopedia.com/us-national-debt-by-year-7499291

1971   $398   Wage-price controls
1972   $427   Stagflation
1973   $458   Nixon ended gold standard; OPEC oil embargo
1974   $475   Watergate; Nixon resigns; budget process created
1975   $533   Vietnam War ended
1976   $620   Stagflation
1977   $699   Stagflation
1978   $772   Carter budgets and recession
1979   $827   
1980   $908   Fed Chairman Volcker raised fed rate to 20%
1981   $998   Reagan tax cut
1982   $1,142   Reagan increased spending
1983   $1,377   Jobless rate 10.8%
1984   $1,572   Increased defense spending
1985   $1,823   
1986   $2,125   Reagan lowered taxes
1987   $2,350   Market crash
1988   $2,602   Fed raised rates
1989   $2,857   S&L Crisis
1990   $3,233   First Iraq War
1991   $3,665   Recession
1992   $4,065   
1993   $4,411   Omnibus Budget Reconciliation Act
1994   $4,693   Clinton budgets
1995   $4,974   
1996   $5,225   Welfare reform
1997   $5,413   
1998   $5,526   Long-Term Capital Management crisis; recession
1999   $5,656   Glass-Steagall Act repealed
2000   $5,674   Budget surplus
2001   $5,807   9/11 attacks; Economic Growth and Tax Relief Reconciliation Act
2002   $6,228   War on Terror
2003   $6,783   Jobs and Growth Tax Relief Reconciliation Act; second Iraq War
2004   $7,379   Second Iraq War
2005   $7,933   Bankruptcy Act; Hurricane Katrina
2006   $8,507   Bernanke chaired Fed
2007   $9,008   Banks crisis
2008   $10,025   Bank bailouts; quantitative easing (QE)
2009   $11,910   Bailout cost $250 billion; American Recovery and Reinvestment Act (ARRA) added $242 billion
2010   $13,562   ARRA added $400B; payroll tax holiday ended; Obama tax cuts; Affordable Care Act; Simpson-Bowles debt reduction plan
2011   $14,790   Debt crisis, recession, and tax cuts reduced revenue
2012   $16,066   Fiscal cliff
2013   $16,738   Sequester; government shutdown
2014   $17,824   QE ended; debt ceiling crisis
2015   $18,151   Oil prices fell
2016   $19,573   Brexit
2017   $20,245   Congress raised the debt ceiling
2018   $21,516   Trump tax cuts
2019   $22,719   Trade wars
2020   $26,945   COVID-19 and recession
2021   $28,428   COVID-19 and American Rescue Plan Act
2022   $30,928   Inflation Reduction Act


in 1971 Nixon killed off gold standard just see the debt spiral out of control since then
2664  Bitcoin / Mining / Re: Antminer S21: Bitmain’s Game Changer in the Bitcoin Mining World. on: October 09, 2023, 01:01:27 AM
Antminer S21 for the Bitmain company was apparently very expensive, so there is not enough money to pay employees:

https://twitter.com/WuBlockchain/status/1710880716383494207

And just a few hours later after:

Quote
On the afternoon of October 7, Bitmain has repaid September wages, and stated that it only did not pay the performance salary of some people. It has also been repaid, and the basic salary has been released normally on September 30.

They have been selling for a year gear at three times the price, charging at one point 8k for an s19, that's probably the last company in the crypto world that would not be able to pay wages. Rather than the development of the S21 I tend to believe it's the unsold stock of miners and not honored deals that are affecting their business and a potential cashflow, they have around 300 people paid directly, what's that, even on above average wages that's less than 1000 miners.

They've moved the date, there is a January batch now available, seems like they really want to test miners' resolve during the halving.
 




Heck so far we are earning a profit this year.. Not much
my last 8 years
2016 good
2017 great
2018 okay
2019 loss
2020 okay
2021 really really really good
2022 okay
2023 a little ahead and a lot of work

2024 I am willing to take a small loss

I do not like to see the hydro 3 phase liquid gear as I am not looking to convert all my s19xp's to s21 hydros.
2665  Bitcoin / Development & Technical Discussion / Re: Block 811273/74 mined before block 811272 on: October 09, 2023, 12:54:15 AM
I am looking for the exact number but i don't find it, maybe it can vary up to 10 minutes ?
The timestamp of the block must be between the median of the timestamps of the last 11 blocks and the median of the timestamps of the nodes you have connected to plus 2 hours.

For more details, click here to read the article about block timestamp on bitcoin wiki.

So if we were having a very slow stretch of blocks we could push 20 minutes and if we were in a hot streak we could be at 5 minutes.

Those would likely be the far extremes 5 to 20 could work
2666  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 08, 2023, 11:20:22 PM
Is the regulation good? Because I don't agree, BTC was made to not pay anything to governments, banks or something similar, because it is not fiat money, having BTC is to manage our money as we want, not to declare to governments or banks.

Regulation is inevitable. As long as the state exists, it will strive to take control of everything it can. In all other cases of regulation, is what the state regulates and what it collects taxes from done by the state? Obviously, in many cases this is not the case.

You are right that Satoshi has created a beautiful thing that does not depend on states or banks because it is decentralized. And the state has no control over the blockchain. But as soon as you spend your bitcoins on something, as soon as you exchange them for fiat money, you enter into a state-controlled space, and in this space the state regulates. Stay in Bitcoin and you can ignore the government for this part.

No, I would have to disagree. In some cases regulation is not good, nor is it inevitable. For example when it becomes completely redundant and serves as "Security Theater" (while being completely unenforceable). All that does is create more bureaucratic nonsense that we have to accept or face punishment.

I bolded two sections I liked and for the most part believe in even though they contradict each other a bit.



And I blocked that mother fucker buddy.
2667  Bitcoin / Bitcoin Discussion / Re: Why won't the US government give up? on: October 08, 2023, 11:17:45 PM
Is over a decade now and US government has not given up on their pursuit to control bitcoin, just read an article about Sam Altman being dissappointed against the US government desire to control bitcoin and about him being against CBDC Here. Am surprised to see US government is also planning to create their own digital currency, I thought they where smarter than this, for them to be thinking that CBDC will fight against Bitcoin is funny.

Question
  • what is the reason why countries are still going for CBDC when they speak of regulating bitcoin?
  • Why do the US government give up their pursuit to control bitcoin after over a decade because bitcoin is Decentralise and no one can have total control over it so won't they just give up on their pursuit?

My position is they founded bitcoin core to get the world introduced to the blockchain. The next step is do CBDC and then make blockchains not legal unless they are cbdc.

Finally they will zero out all cash and throughout the world debts will be cancelled.

You know the story. Alan pays Bob the 10 he owes him. Bob pays Charlie the ten he owes him and Charlie pays Alan the 10 he owes him. As simple as A B C


I give the above conspiracy theory as least a 20% shot of being true.
2668  Bitcoin / Bitcoin Technical Support / Re: [Oct 2023] Fees are lower, use this opportunity to Consolidate your small inputs on: October 08, 2023, 09:26:14 PM
I guess this will have come up in the thread sometime, but I don't know on which page if at all. How would you define "small input"? I mean in my particular case I was thinking about consolidating now that I see the fees going down but what I have are mostly inputs of about $100 or higher amounts, which in the next cycle can easily be worth $500. On the other hand I rarely spend Bitcoin to pay for something worth more than $100, and if in the next cycle I hypothetically wanted to pay for something worth $2,000 I guess there won't be much difference between 1 and 4 inputs as far as fees are concerned either, no? How do you see it?

right now  2 hodl wallets are at say 0.5 btc each and they are fulling consolidated. Ie their tx size is 227 bytes as they are legacy

So they can be moved to coin base for a sale at 1 sat x 227 bytes. = 0.00000227 btc which is nothing  about 6.3 cents even at 11 sats it is nothing about 70 cents  ... So I hodl them and in 2029 they are worth same .5 btc each but btc is at 1,000,000 and a send at 11 sats a byte is 2497 sats or

$24.97 usd  and the fee is 110 sats a byte which means you need to pay $249.70 to send it

but you could do 11 sats and use viabtc's free service you save 200 plus dollars.  but who cares as the long hodl made you good money.

every example above I consolidated to 227 bytes on a legacy.

Now take my signature address I have not consolidated it and it has 4 tx which is 4 x 110 bytes 440 bytes.and I hodl all my deposits to 2029 that signature address would have 52 a year for

2024
2025
2026
2027
2028
2029 and some of 2023.

easily 300 tx so 300 x 110 = 33000 bytes at 110 a byte = 3630000 sats or a fee over .3 btc

that is a worst case example.
2669  Other / Meta / Re: Can I stake multiple BTC address? on: October 08, 2023, 09:05:37 PM
I want to change my Bitcointalk password because it's been some time since I changed it. I feel like we should change our password at least once a year.
Why change what isn't broken? I don't see any need for the constant password change or reset when there's no suspicion that account has been compromised. What if the first password used is more reliable than the new one you're choosing? My advice is this – If it isn't broken, don't fix it.

Quote
But I don't like the message that says, This user recently changed the password. It may sometimes make others suspicious.
I guess you're referring to the BPIP data. Well, I don't see anything wrong in it pointing out that an account has a password or email reset. Such documentation is good. I'm a member of a telegram group where a bot alerts other members in the group of a change of name of any member. Once any member changes name used on their profile, the bot alerts everyone of such event. It helps checkmate everyone and to a large extent help in reducing scam.

exactly this and it is especially important  if a well trusted legendary member does it.

Sometimes I float 5-10k in coin on a business deal if I do this I have to feel safe. Seeing the member just changed his pass word would scare me.
2670  Economy / Economics / Re: The economics of war. How does this affect us all especially us in crypto? on: October 08, 2023, 08:56:19 PM
It has me thinking a lot. I remember the 911 attacks. I lost a cousin-in-law as he was a fire fighter he died rescuing people in the twin towers.

A lot of the world changed then. KYC airport security.

It seems the Russia vs Ukraine ,
Palestine vs Israel ,
Taiwan vs China in the future
. Not to mention 1 or 2 revolutions in South America Africa and Central America.

all mean an unsettled unstable world.

Bad for tech not sure as WWII was good for weapons tech. I just feel we don't need the weapons tech it does not help the world very much.

I know my digital assets are way safer than any physical assets.  I can place seeds in a few places not one. They won't all be knocked off.

Oh I can show a 24 word seed in an email to myself  that is not my seed but would let me find my seed later on.

or I could hide my seed on multiple emails to my self on multiple emails.  I do not worry if I have digital assets. they are safer than a bar of gold or even a home.
2671  Economy / Economics / Re: Deposits-in the bank or in gold? on: October 08, 2023, 06:38:00 PM
Crypto is looking better than gold or bank deposits.

I would do

Crypto
then banks
lastly gold.

Gold can easily be stolen or even destroyed.

I am sure that some Russians and Some Ukrainians lost gold when the staff place was bombed


I am also sure that some Israelis lost their gold when they were missed yesterday. (Oct 7)
2672  Other / Politics & Society / Re: 2200 Rockets shot at Israel 40 killed. on: October 08, 2023, 06:33:59 PM
I locked this as it should not be political and I worded the title poorly.
2673  Economy / Economics / The economics of war. How does this affect us all especially us in crypto? on: October 08, 2023, 06:30:03 PM
I start this thread because my other thread was moved to politics.




https://bitcointalk.org/index.php?topic=5469546.msg62960887#msg62960887

2200 Rockets shot at Israel 40 killed.
October 07, 2023, 09:43:26





I have zero issues with the people that moved it with out letting me know.


My main point is the new conflict was accelerated because the world is bored tired disinterested with Ukraine vs Russia

So we now have Israel vs Palestine

And likely we will next have China vs Taiwan . Just a future guess.


I see a huge shift in the military industrial complex's ability to earn profits. Due to modern tech ie Drones and the like.

I watched on film about 5000 usd worth of gear take out a 1 million dollar Russian tank .  At no risk to the operator of that 5000 worth of gear. 

So I am wondering when do these wasteful conflicts alter. Ships don't have the value they used to have.

 you can sink a 500 million dollar  ship with a 20,000 dollar drone.

This mean a huge shift in making money with military gear is going to occur over the next 5-10 years.

Is this new conflict going to be yet one more shift in weaponry.

And does the ability to easily attack almost anywhere anyplace mean having crypto is more important than physical assets.

I.E 10,000 cash in a home could be burnt. But my digital wealth is safe.

So forget

the war as political and think of the economic angles here.

To all in Ukraine vs Russia I hope for peace.
To all in Israel vs Palestine I hope for peace.
To all in China vs Taiwan please keep the peace.


To this forum will the new methods of attack alter the value of physical assets thus increasing crypto assets.
2674  Bitcoin / Project Development / Re: The Bitcoin History Book 2008-2024 PROGRESS REPORT on: October 08, 2023, 04:22:08 PM
Please support: $BTC 1AeYQnpEqxAV4LdrFE5AzquqheTekLNggx

I will be giving you a donation this evening. It is nice work and a lot of effort.

I will be reading more of it today.
2675  Bitcoin / Bitcoin Discussion / Re: Advice to friend for financial improvement. on: October 08, 2023, 04:12:22 PM
It's all about proper money management. And looking at the 'real' value of A vs B



   I have pointed out time and time again that the 400 usd samsung A54 is really close to the quality of the lower priced basic iPhone 15. So why lay out 400 or 500 more for a product that lasts 2-3 years at best.

You can take this across the board with 10 items .

Starbucks coffee vs home made.

I can make quality coffee at home 1quart thermos for about 1 dollar. So 32 oz of coffee for $1.00 a Starbucks venti + a tall equal 32 oz the cost $5.90 plus tax .  That is 6 bucks a day vs 1 buck a day .

yearly total 5 x 365 =         1825
iphone 15 vs samsung a54 = 500 over 2-3 years say 200 in a year
So on two items you save about 2025 in a year.



Netflix streaming 240 usd a year
Going to movies 1 day a week = 15 x 52 or 760
save 520 + 2025 = 2545 in a year.


phone plans I can do tracfone for 30 a month unlimited text and calls Verizon is 50 save 20 a month or 240 a year.
240 + 2545 = 2785 a year.
What did I give up to be saving 2785 a year not much.


I like to cook I buy quality beef and lamb.
If I buy hi end lamb steak  it costs me $40 a meal for me and my wife.
If I buy lamb roasts it costs me $17 a meal for me and my wife
So 10 times a year savings $230 + 2785 = 3015 a year saved.


I buy a special quality fig/coconut bar for desert.
If I buy 8 oz cost 16 usd 20 x that = 160 usd
If I buy 10 pound cost 100 usd. savings = $60 two buys a year saving $120. to do this I bag into 5 bags and freeze 4 of them.

120+ 3015 = 3135 saved a year
2676  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Dogecoin (DOGE) Pumps 10% As Elon Musk Links Memecoin To X on: October 08, 2023, 03:00:06 PM
Doge is at 6.1 cents and for the last 10 days its high was 6.4 cents

We are not getting a pump on it any time soon.

Maybe next fall if then.

Oh for those that wonder what is a use case for Doge.

It is a dirt cheap way to id yourself via a doge address. It is secure and backed by close to 1 billion in gear and power.

about 950 th in asics which is 100,000 L7 units  cost for that is 500 million usd. Plus structures to house and supply the gear along with the power.
2677  Bitcoin / Pools / Re: DON'T mine to Antpool -- KYC imposed. on: October 08, 2023, 02:51:20 PM
I got my pool payout a few hours ago, but the KYC promt keeps showing everytime I login, this could be due to one of two:

1- The dust has been there before they starting imposing their stupid KYC so they allowed me to withdraw
2- They are not serious about it "YET".

I think they have been forced to follow some U.S stupid shit such as banning countries that are sanctioned by the UN aka the U.S such as Iran, Syria and all the none US friends, this pool has turned out worse than centralized exchanges, my guess, at one point they would start taking shit seriously and you won't be able to withdraw anything without KYCing yourself.

So if you have a considerable amount of dust, you might want to hurry up to hit the 0.005 BTC threshold and leave antpool, if the dust you got is not worth it, you should just leave the pool now.

I would also urge users who have Antpool as their second or third pool to switch to another pool, your funds on Antpool will very likely be locked unless you fully expose your identity and address to Shitmain.

And it will get worse due to Israel vs Palestine conflict during into a declared war.
So the USA will to supply Ukraine with arms was slipping.
and new conflict new reason to deal arms.

What is new China vs Taiwan?
2678  Bitcoin / Bitcoin Discussion / Re: Advice to friend for financial improvement. on: October 08, 2023, 01:50:16 PM
OP, so do I need to sell my computer and phone to invest in bitcoin when you think buying a phone is a waste?  furthermore, what is your goal of investing in bitcoin, do you want a better life or are you just trying to stop using it all to invest in bitcoin?  I believe that most people who buy iphones are people with good income and they also have profitable investments and huge savings.  only some braggart young people would sacrifice important things in exchange for a new iPhone.

One more thing, you can know if there are any devices that increase in value the more you use them, computers, phones, washing machines, refrigerators, air conditioners...they are all serving us every day and I won't call them devalued but we are paying every day for them to serve us.

Buying an iPhone 15 for 829 usd is a waste of about 400 usd. Just buy a samsung a54 cost 400


829  locked to boost as your carrier

https://www.amazon.com/Apple-iPhone-128-Unlimited-trade/dp/B0CHBNXW73/?


399 unlocked a54
https://www.amazon.com/SAMSUNG-Factory-Unlocked-Android-Smartphone/dp/B0BSLRXF1H/ref=sr_1_1_sspa?
2679  Other / Meta / Re: Can I stake multiple BTC address? on: October 08, 2023, 01:38:29 PM
I never thought he purchased the account. I do think he is weakening the 120 day password warning.

So personally I don’t like what he is doing.

I have a strong suspicion that he has a fabrication of reasons for his behavior but I am wrong often and will leave it be.

Or maybe I will change my password once a month I sure that would make waves 🌊.

Sometimes, when a person is too cautious, it can turn out to be bad for him, instead of good. As OP is too much concerned about changing the passwords  (Is resetting a BTT account password bad? and staking multiple bitcoins addresses (when he haven't done one yet).

In an ideal situation, we never need to change the password and stake one bitcoin address is enough to recover our account, in case our password is compromised.

When anyone is wanting to change the password often, it just bring doubts even though the OP seems to be very clear and i do not smell anything fishy, at least until now.

I think he is cool and not a bad guy. I do think his actions would weaken the warnings we have in place.

Oh I just sent the 0.1000 and change back from that ltc address

https://ltc1.trezor.io/tx/8e0cdcc4904622c3d7cb42fc811e9f74251029c42ca9ffbb6fe339f2baa2e1f0


BTW LTC is a dirt cheap way to id yourself I spent 0.00000301 in ltc to prove I control that address.

Simple to do compared to signing an address and just as effective.
2680  Other / Meta / Re: Can I stake multiple BTC address? on: October 08, 2023, 03:49:53 AM
If you really control a btc address you do not need to sign it to prove it is yours.


Simple say my address is 123 bla bla bla.
It has very little  coin in it.  Pick an amount of btc lower than 0.00010000 and I will move it out.
That is pretty much just as good as signing for it. And it proves you control the address.

Or do it with LTC that's cheaper to move it about. You can prove you own control the  coin's address that way.



ltc1qu7sw3p78w5gq67276kuv6hu4e8zyj76zhnalmd is empty

I can put 0.1 ltc in it and withdraw it.

https://ltc1.trezor.io/address/ltc1qu7sw3p78w5gq67276kuv6hu4e8zyj76zhnalmd

that shows I control it and someone can quote the post I just made.

It is simpler to do that then sign a signature.

And as a demo I sent 0.10000166 into

ltc1qu7sw3p78w5gq67276kuv6hu4e8zyj76zhnalmd

I will with draw it in the morning thus it proves I control that ltc address and I only spent

0.00000166 ltc two times to prove it.

https://ltc1.trezor.io/tx/623fce1dd6eb352bd5754c4d7a1c27bd3a4c95e2debee03eaff9ae710b112cbf


here is the send info cost me 0.00000166 ltc to do it.

I will pull the coin out on Sunday.
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