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1801  Other / Off-topic / Re: Why do women have more retentive memory than men? on: November 28, 2023, 11:44:51 PM
i used to know the answer to this.. dang it, i forgot

with that said..
women remember things more from a emotional point of view and memorise emotionally and visually.
men remember based on relevance of details of events, EG facts, data, logic, perception of relevance from their prospective

EG
if a old event has no relevance/impact men wont want to revisit the memory as its a waste of time.
however if a women has had an impactful emotion towards an event she will replay the event over and over. retaining it
1802  Economy / Economics / Re: When Was the Last Time you Came Across a Positive Economic News? on: November 28, 2023, 11:37:08 PM
for every peace of bad news.. someone is sitting on the opposite side of it very happy.. (apart from injury or death)

inflation.. is told as bad news for customers wanting to buy
but great news for businesses wanting to sell

people need to see opportunity in the bad news

for instance.
imagine there is bad politics.. see the opportunity of change. lobbyists love bad politics. because people come running to them with money to try to create change
as for 'on the street change' be like the protest organisers that love leading protests. start creating merch/banners and such items, sell it at the protests. yep protest leaders love bad politics. it keeps them in business
more bad politics=more protests=more money for protest organisers and lobby groups.. they love bad political news

even things like "eating meat is bad for you" vegetable farmers LOVE that news

houses destroyed (though sad) developers and real estate LOVE that news.. blackrock for instance are investing heavy and going to profit big from the ukraine bad news.. UK/US defense companies LOVE wars. its their business
1803  Economy / Economics / Re: Central banks getting ready for cbdc-s USA is good for freedom on: November 28, 2023, 11:22:38 PM
Few up coming cbcd

Countries and their currency projects

USA USD , circle usdc,dai,busd,paxos,usdt

nope.. stablecoins were not made by anyone affiliated/contracted/proposed to a central bank

however look at some of the ideas coming out of "hyper ledger"
look at  things like
https://www.bostonfed.org/publications/one-time-pubs/project-hamilton-phase-1-executive-summary.aspx
1804  Economy / Economics / Re: Inventing a job is better than finding a job on: November 28, 2023, 11:07:58 PM
if there is no existing job matching your new thing, then it means no one realised they needed it before(else someone would have provided the solution already)

to invent a job is to:
create a problem that needs a solution, or
solve a problem that needs a solution but never had a solution before
a solution thats better than previous solution

trying to find unsolved problems or better solutions is difficult as most have found solutions already. but to invent a new niche/problem that then causes a new demand, thats twice as difficult

however we do see it happen
bitcoin started a new industry and needed a new skillset/knowledge base of people to expand the industries around bitcoin
bitcoin was not illegal/wrong/problem when it started, but the governments banned bitcoin in subtle shortterm ways or obvious longterm ways to then create a problem they could solve by offering permits and now they too are creating jobs to allow permits for businesses to operate with bitcoin

...
to create a new job  requires creating a new product/service/industry/problem-solution, which people didnt realise they needed before, until it presents itself

if you can provide that you can end up doing very very well providing "first mover" status of the new solution
1805  Bitcoin / Bitcoin Discussion / Re: Check if you have any rare satoshi on: November 28, 2023, 10:41:00 PM
Still very interesting though how they instantly knows that you have something rare in you.

math* (well kind of) and having a database of addresses that they already worked out paths to their current suggested address of current UTXOset owner

they already know that each block has 1 rare sat (first sat per block)
so they know 818k blocks creations is 818k rare sats. and using UTXO spending now they can follow that blockreward forward as it was spent over time(based on their bad economics of output path) to their suggested current holder address

there are also at block 818k a max total sats of 1955000000000000sats meaning under 1,9550,000 palindromes which they can also check UTXO spend suggested paths for current address location

*im ignoring the bad math of ordinals economic path suggestion and lack of understanding basic economics, which breaks the protocol anyways just to give a basic idiots guide to them having a database of 2,773,000 current addresses holding "rare sat"
1806  Economy / Economics / Re: Do you think that visionary leaders make great CEOs? on: November 28, 2023, 08:48:53 PM
We are awed by so-called visionary leaders because may possess unique strengths and charisma. However, I have found that most of them have a weakness in communication, being adaptable, and in team collaboration.  For example, a visionary leader Steve Jobs though he was praise for all the great stuff he did for Apple there where complaints of his intense and demanding nature. This negatively impacted the morale of his employees and lead to high turnover rates. Obviously employees would naturally seek out more collaborative and supportive work environments. My point is visionary leaders do not make great CEO. I believe the success of a company should not solely rely on the charisma and vision of one leader but should be built on a foundation of effective teamwork and inclusive decision-making. Do you support this argument?

visionary PEOPLE become inventors and recruit investors in and managers to run as CEO
visionary LEADER run as CEO (emphasis on the leader part the OP stipulates)

a visionary LEADER is someone that can see outside of the box AND LEAD .. which is the positive aspects..
a general CEO can be a a-hole 'boss' and just want to be "the boss" and not seeing the big picture(not visionary) nor inventive

so visionary leaders make great CEOS
idiot "bosses" make bad CEO's

visionary leaders can also be so intense on their vision they can be bad bosses too.

of course when visionary leaders see a big picture view of the direction he wants the company to move towards he needs the right people below him to delegate those tasks to that can perform those tasks. so he should know what his employees are capable of and hire the right people to meet his visions requirements
a visionary LEADER can visualise his own limitations to hire a good HR team trained to hire the right workforce that can fulfil the vision
1807  Economy / Economics / Re: Is the fall of Elon Musk's empire imminent? on: November 28, 2023, 05:54:37 PM
elons space X may have had crashes. but is set to "go to the mooooonnnn"
elons starlink satalites are already in the air and now making profit.
tesla are in profit by 14% (if you include solar and battery facility projects it becomes break even)

as for twitter
instead of using cash. he used a loan. meaning 'written liability debt' so he has currently not lost any real cash but is just at a risk of loss if he sells twitter(X) at a loss or defaults on the loan. by which if the risk of loss does increase he can simply just hand twitter(x) to the banks and just wipe his hands and walk away break even.
remember at this present moment twitter(x) is a P&L sheet loss. not a real cash loss,
he has no cash loss and actually gets a tax deduction which can offset taxes of other businesses, thus being a real cash value profit in real terms
1808  Bitcoin / Bitcoin Discussion / Re: Check if you have any rare satoshi on: November 28, 2023, 04:27:39 PM
not interested in any value or rarity because the ordinals is BS
but one of my addresses has 2 palindromes.. oh well, dont care, moving on
1809  Economy / Economics / Re: China's real-estate sector is NOT doing well, it might bring whole economy down on: November 28, 2023, 01:19:25 PM
china is not dependant on america. america is a small populus

us has 330m

south america has 400m+
EU has 700m+
africa has 1200m+
rest of asia(exclude china) has 3100m+

S.A+EU+A+RoA= 5400+

US only amounts to 6% of just the main area's listed
so if US completely 100% stops using chinese produce.. it only affects china by 6%
1810  Bitcoin / Bitcoin Discussion / Re: Dollar Cost Averaging with costavg.com include exchange fee on: November 28, 2023, 12:44:53 PM
In conclusion, even when doing DCA, it's essential to have a strong hand to keep making purchases even when prices are down, and our assets are decreasing. Typically, people with weaker hand might immediately sell at a loss when faced with minor FUD . This is a regret for them because, in reality, if continued, it could bring in profits that could improve savings.

hype/pump = buy less - sell more
fud/dump=buy more - sell less

buy the fud sell the hype
1811  Bitcoin / Bitcoin Discussion / Re: Dollar Cost Averaging with costavg.com include exchange fee on: November 28, 2023, 08:22:04 AM
again
i was going via the scenario of starting in 2021

these days(late 2023). id know the value-premium window(mining low high cost) the market speculates between, is not $10k-$70k window anymore
its more like $20k-$170k potential

so the $150 max weekly investment would look like

$170k  pay $0
$160k  pay $10
$150k  pay $20
$140k  pay $30
$130k  pay $40
$120k  pay $50
$110k  pay $60
$100k  pay $70
$90k    pay $80
$80k    pay $90
$70k    pay $100
$60k    pay $110
$50k    pay $120
$40k    pay $130
$30k    pay $140
$20k    pay $150

remember the main rule of the game
buy low sell high

people need to set a goal for when to sell.. which (in 2021 scenario) would be small amounts above $70k incrementing to sell more sats the higher it goes

i know the IDEA of DCA is for total newbies that know nothing should just throw money at a asset forever without thought or concern endlessly.. but reality of investing.. investors should know atleast something about the market they are getting in to ensure they are not buying high and end up having a real world emergency to sell low

i know the idea of just a standing order set fixed amount per month is like a set monthly pension deposit. but smart investors review their pensions and do change plans mid flow (thats what pension/portfolio managers do)
1812  Economy / Economics / Re: Central Banks keeping secret about CBDC blockchains on: November 28, 2023, 06:43:42 AM
for months now, the US has already started its CBDC for its wholesale (central bank-commercial bank) first phase.. its called FedNow
most of the aims of CBDC is not to kill the customer.. but to eventually remove the need for visa/mastercard

right now the FedNow system is not issuing new currency. its just using the tech to do reserve swaps of institutions current fiat digital dollar(bank account balance)

right now at first phase it has sped up the ACH timescales of wire transfer where its no longer x business days with no transfers at weekends/evenings. to now being in seconds 24/7(for banks using FedNow)

if visa/mastercard want to stay in business at the next phase, they will need to join the new era of digital wallets and hardware wallets using priv-public keys to sing multisigs...  instead of their current plastic card technology using lengthy card numbers and account numbers and pins
1813  Economy / Economics / Re: China's real-estate sector is NOT doing well, it might bring whole economy down on: November 28, 2023, 06:27:19 AM
China's domestic economy can't support their manufacturing sector.

chinas domestic economy vs international. does not affect much of the manufacturing economy

china's manufacturing is 90% automated by robots. so less products doesnt cause mass loss of employee's. they just slow down the machines speed
to make less products per hour

however, looking at the stats
when it comes to microchip production for instance.
the 2019 stat was 215m wafers per month
the 2021 stat was 296m wafers per month (+36%)
so 2023 can drop by -36% and still be like 2021

however looking at actual data
china are making MORE wafer fabrication facilities.. so production is seeing demand not slowdown so it appears 2024-2025 will have even higher wafer per month stats compared to 2021 economy
1814  Bitcoin / Bitcoin Discussion / Re: Dollar Cost Averaging with costavg.com include exchange fee on: November 28, 2023, 01:22:57 AM
i personally would do a little bit of custom DCA

if was starting to buy in right after a ATH i would look at the ATH and the price i want to begin DCA
EG if ATH was $70k and i want to start at the $50k price point

i would see if i can afford upto $150 if the price is right
 and then calculate a reduction of payment if price goes up and a increase of payment if price goes down
EG
$70k   $0
$66k   $10
$62k   $20
$58k   $30
$54k   $40
$50k   $50 <- start here
$46k   $60
$42k   $70
$38k   $80
$34k   $90
$30k   $100
$26k   $110
$22k   $120
$18k   $130
$14k   $140
$10k   $150

that way you buy more in good times and but less in bad time

Those are not bad ideas to the extent that I understand what you are saying, except if someone is brand new to bitcoin, then maybe they are going to be buying every week at the amounts that you mentioned, but we would not have the luxury of waiting for $50k, we would have to start ASAP... and it can take a while to establish a sufficiently decently sized position in order to be prepared for UP.. (that is if the person is a newbie to bitcoin).  

i was using OP example when his example started at 50k just after the last ATH

for instance someone starting now would be investing $80 at the ~$38k price today
1815  Bitcoin / Bitcoin Discussion / Re: Dollar Cost Averaging with costavg.com include exchange fee on: November 27, 2023, 11:39:37 PM
i personally would do a little bit of custom DCA

if was starting to buy in right after a ATH i would look at the ATH and the price i want to begin DCA
EG if ATH was $70k and i want to start at the $50k price point

i would see if i can afford upto $150 if the price is right
 and then calculate a reduction of payment if price goes up and a increase of payment if price goes down
EG
$70k   $0
$66k   $10
$62k   $20
$58k   $30
$54k   $40
$50k   $50 <- start here
$46k   $60
$42k   $70
$38k   $80
$34k   $90
$30k   $100
$26k   $110
$22k   $120
$18k   $130
$14k   $140
$10k   $150

that way you buy more in good times and but less in bad time
1816  Economy / Economics / Re: Central Banks keeping secret about CBDC blockchains on: November 27, 2023, 09:39:13 PM
There is plenty of content on the internet about CBDC which various officials release so it is no secret. If you know how to use mobile banking or any online payment gateway, you are ready to use a CBDC. They have similar usability and infrastructure, the only difference is that they are created and governed by a government whereas the previous one was through a company. CBDC is worse than mobile banking companies because the government can misuse their user data in such a cruel way that it can affect society very badly.

most CBDC are a hybrid 2 network system the mainnet for the central-commercial bank of reserves and issuance creation.. and subnetwork the individual banks/services retain data on and audit the customers and only report under conditions to the central authority. and vice versa

the ISO standard of curent electronic fiat payments is not the same as the multisig hop reserve sharing tech a CDBC routed payment uses
there is no PoW blockchain. the mainnet is more of a PoS system of one master multisig thats spendable state updates and has a hash tree(chain) of previous states to ensure all central-commercial parties retain the same mainnet history log of th main reserve allocations

So they have different infrastructure, but they have similar usability right? Like user will have to create an account through his NID card or government issued card number through an application. Is there any data about this from any pilot program of CBDC?

i already gave you a link
They keep it secret

there is no secret.. there are many whitepapers available... even the chinese e-yuan has white papers and such
http://www.pbc.gov.cn/en/3688110/3688172/4157443/4293696/2021071614584691871.pdf
heres one example exert from the link
Quote
3.4.1 there are different types of wallets, depending on the strength of customer
personal information identification.
Authorized operators assign different types of digital wallets to customers based on
the strength of their personal information identification, and set per-transaction and
daily limits as well as maximum balance according to the strength of real-name
information. The least-privileged wallets can be opened without providing identities
to reflect the principle of anonymity. Users can open least-privileged anonymous
wallets by default and upgrade them to higher-level real-name ones as needed.


3.4.2 There are personal and corporate wallets, depending on the type of holder.
Natural persons and self-employed individuals can open individual wallets, on which
classification of transaction and balance limits are placed according to the strength of
customer personal information identification; legal persons and unincorporated
institutions can open corporate wallets. Transaction and balance limits are determined
depending on whether the wallet is opened remotely. The functions of wallets can be
customized to suit the needs of users

anyone can without ID open a basic channel/account. but the capacity of the channel/account is low. you cant spend more then a minimum wage month salary or receive more then that in total

if you want to send and receive amounts that would trigger tax questions and possible fraud/AML thresholds amounts. then you would upgrade to next level accounts which do require ID

Another thing that came to mind is that master multisig is the main controller of the network. I mean that is he the one who will be responsible for issuing more currencies freezing any address etc? I can see i don't have much knowledge about it; I need to do some research on it.

its a 2 network system mainnet-subnetwork
the mainnet(wholesale) is the central bank-commercial bank multisig of reserves and currency issuance
the subnetwork(retail) is where the commercial banks store tx history of their customers and share on legal demand
Quote
2.1
Fourth, as retail CBDC, e-CNY mainly serves domestic retail payment demands.
Categorized by user and purpose, there are two kinds of CBDC, wholesale and retail.
wholesale CBDC is mainly issued to institutions such as commercial banks and
mostly serve large-value settlement. Retail CBDC is issued to the public for daily
transactions.
Major countries and economies vary in their priorities of developing
CBDC, with some focusing on wholesale transactions and some dedicated to
improving the efficiency of the retail system. E-CNY is a retail CBDC issued to the
public. With a modern domestic payment system in China, the issuance of e-CNY will
fully meet the public’s daily payment needs, further improve the efficiency of the
retail payment system and reduce the cost of retail payment.

Fifth, in the future digital retail payment system, e-CNY and funds in the
electronic account of authorized operators are inter-operable, and both
constitute cash in circulation. Commercial banks and licensed non-bank payment
institutions that meet compliance requirements (including anti-money laundering and
countering terrorist financing requirements) and regulatory requirements regarding
risk management on a comprehensive and on-going basis may participate in the
e-CNY payment system as per recognition and support of the central bank. They can
also fully tap existing payment and other infrastructures while providing digital retail
payment services for customers


if a commercial service sees a customer do something suspicious it gives basic data to the central authority about the transaction and if needed the central authority is suppose to seek court order to ask for all data related to that transaction and customer, including history and any data available about that user
1817  Economy / Economics / Re: Central Banks keeping secret about CBDC blockchains on: November 27, 2023, 09:25:39 PM
There is plenty of content on the internet about CBDC which various officials release so it is no secret. If you know how to use mobile banking or any online payment gateway, you are ready to use a CBDC. They have similar usability and infrastructure, the only difference is that they are created and governed by a government whereas the previous one was through a company. CBDC is worse than mobile banking companies because the government can misuse their user data in such a cruel way that it can affect society very badly.

most CBDC are a hybrid 2 network system the mainnet for the central-commercial bank of reserves and issuance creation.. and subnetwork the individual banks/services retain data on and audit the customers and only report under conditions to the central authority. and vice versa

the ISO standard of curent electronic fiat payments is not the same as the multisig hop reserve sharing tech a CDBC routed payment uses
there is no PoW blockchain. the mainnet is more of a PoS system of one master multisig thats spendable state updates and has a hash tree(chain) of previous states to ensure all central-commercial parties retain the same mainnet history log of th main reserve allocations
1818  Economy / Economics / Re: Central Banks keeping secret about CBDC blockchains on: November 27, 2023, 07:46:08 PM
CBDCs are not cryptos. It's a digital version of fiat. It's pretty much similar to the online banking transfer things that we all do. I am not sure which Blockchain you are referring to. There's no Blockchain behind CBDCs.

Also, even if there's a Blockchain, the central banks will never tell you about this. That's how a centralized system should work. You just enjoy the result.

based on many similar design CBDC whitepapers which are public

there is a transaction chain. which also uses previous txid hashed with current state txid to create a txhashchain to confirm all parties have the same tx history and agree to the current state.. its not like current blockchains that contain thousands of transactions per block its a multisig tx chain of like ~12 parties signing one master tx the current state of their reserves(1 central bank+11 payment services) spending the previous state

as a subnetwork
the payment services use current state of central network to then author their own multisig(channels) between each other on the sub network. and then have micro sub channels below that for each payment services customers. and payments are routed around the channels

each customer can have 3 different levels of 'channel'(account) based on capacity limit of channel.. the lowest is like minimum wage monthly salary allowing even smaller payments at zero KYC, the next is mid range spending of mid amount for simple kyc and then large capacity requiring full KYC

its the payment services that keep the customers data and supply it on court ordered request or if payments contain suspicion flags.
1819  Other / Off-topic / Re: NL back account in negative on: November 27, 2023, 06:14:42 PM
when you sign up to a bulgarian account. they will ask for ID.. then they got you!
EU banks do talk to each other and share info
1820  Economy / Economics / Re: My economic plan over the decades and our future on: November 27, 2023, 06:02:16 PM
NFT's pretend to be worth alot because the most publicised ones were advertisements. purposefully reported to social media by the creator

the creator self-sells to himself at a huge price meaning if he sells for $200k he pays himself $200k thus no actual real cost to him. but marks a $200k price point..

this price faking makes people think NFT are worth alot. but they are not. and many are realising. you wont get to buy cheap and sell high unless you are trying to scam a victim


real estate wont crash. what you have to realise is this:
when house VALUE moves steadily up for 80% of houses.. there will be some(20%) that are oversold at a premium(above value) of like 2x.. those 20% will try to make "quick-flip" profit by selling even higher. but when they cant sell or they end up over extended and foreclose. the auctions then sell those 20% below value to the low(of highest) bidder. its these small 20% events that make it appear that there is a crash however it requires a 3x of supply vs demand to cause a real crash

reality is only 20% of places caused a market swing due to their individual buy high, try higher lose, sell low event of bad investment strategy of old owners

the only way to win is to buy cheap derelict, foreclosed, abandoned buildings so far below comps value that you can afford renovation to bring it back to standard
dont think that you can just buy now sell later of normal comp value houses on the normal market without any work for quick flip profit

you really need to do research on the comps to understand the market.
because just seeing a similar sqr-foot property sell for higher comps means nothing. they might have invested in a elegant kitchen/bathrooms, a indoor pool and gym.. so thinking you would get equal comps for a basic empty space house with no elegance will hurt you hard

if you bought a basic empty room space house at the elegance premium. you will get hit double hard,


at the 2025 ATH of btc. many will sell and wait for the 2026 correction to accumulate more btc which they will ride the next ATH in 2029 for a 4 year "flip" (shorting 2025, going long 2026-2029)
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