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41  Other / Beginners & Help / Re: Confused on schorr signature on: July 21, 2021, 01:39:38 PM
So there doesn't correspond a private key for the aggregated public key?
the aggregated public key is a perfectly valid public key on the bitcoin curve just like any other public key. and any valid public key has a corresponding private key.

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If someone knew what that private key was would they be able to use it for anything?
yes but they can't know that private key. if the algorithm to generate the aggregated signature is correct there is no way of knowing the private key to the aggregated public key.
42  Economy / Economics / Re: Who is Happier: Stock investors or Bitcoin investors on: July 21, 2021, 01:24:16 PM
My question now is , Who is Happier?  Is it the Stock investor or the Bitcoin investor?

it depends only on how familiar they are with the market they are participating in.

for example a newbie who doesn't understand how trading works will lose money in both markets and will always be unhappy. but someone who has been trading stocks for years is going to be happier sticking to what they know.

it is important to know that it doesn't matter that bitcoin is outperforming literary everything in the world, there are still a lot of newbies who lose money in bitcoin!
take the last couple of days for example, a lot of newbies who sold their bitcoins are now crying that price has gone up.
43  Economy / Speculation / Re: Will bitcoin go down below $20,000. on: July 21, 2021, 01:20:40 PM
some prices are just gone for good and they will never repeat again. anything below $30k at this point is among those prices that we have said goodbye to so we will never see them again. in a month from now $3x,xxx is also going to join these numbers and people like OP will wish for it again.
44  Other / Archival / Re: Moscow Project: Tell About Bitcoin on: July 20, 2021, 02:17:37 PM
your're trying to bring people into sect.
Wouldn't you be arrested for that given that the Russian authorities are strict when it comes to this kind of thing,
the risks that come in my opinion are very heavy, because Russia will definitely not stay silent, which we are afraid the Russian government will do everything possible to get evidence, which comes in all forms.

why are the replies to this topic so weird? what do people think "Russia" is? do they all work at Fox news Cheesy
45  Alternate cryptocurrencies / Altcoin Discussion / Re: Will ETH co-founder Anthony Di Iorio give up on crypto? on: July 20, 2021, 01:46:31 PM
didn't he already make millions of dollars from the premine and selling the ethereums they mined out of thin air? i don't think the creators of ethereum ever believed in the cryptocurrencies in first place otherwise they would have never created such a terrible altcoin filled with lies and bugs just to become rich overnight.
46  Economy / Economics / Re: Singapore, the banking industry, and Bitcoin on: July 20, 2021, 01:27:44 PM
that is true but there is a big gap between being bitcoin friendly and actually adopting bitcoin. El Salvador is important these days and will keep on growing in bitcoin world because they have taken that step over the gap and are already on the other side while Singapore is still on the other side and is not taking that jump over. until they do, other countries will be in the lead and at some point it will be too late to catch up.
47  Other / Archival / Re: Will we break the key support at $30 800 or not? on: July 20, 2021, 01:00:16 PM
very interesting that price broke the $30k resistance after weeks of manipulation and dumping but surprisingly enough the dumps stopped as if there is nobody else left to sell while they also not buying back either. price is stuck right below $30k (0.8%)!!!
the next 48 hours are going to be very interesting.
48  Bitcoin / Development & Technical Discussion / Re: How many working hours does it need to code something like bitcoin from scratch? on: July 20, 2021, 12:50:28 PM
there is a big difference between implementing an already existing protocol well and inveting a strong new protocol.
the former (create software which as good as Bitcoin Core) is not that hard because everything you need to implement already exists and you can just translate it then spend time securing the implementation.
the later on the other hand is extremely hard and there really isn't any time frame you can put on it. it may take a couple of years or decades to invent something new, useful and strong.
49  Economy / Economics / Re: BTC is helping out Cubans and Venezuelans on: July 19, 2021, 06:11:10 PM
it is not just countries with declining currencies. it is a lot of countries that are usually underdeveloped. i think it has to do with the freedom that people have in most of those countries. for example you will face a lot more obstacles when you want to buy bitcoin in America than you wold face in most of these countries and your bank account is not going to get closed just because you dumped your fiat for bitcoin.
there is also far less FUD from the corrupt government and banks in those countries. for example you don't hear their bank CEO call bitcoin "fraud" while US banks do that every now and then!

Freedom plays a big role in the motivation for people to go into crypto currencies. If there is social unrest like in Cuba and Venezuela the demand for freedom will be much stronger. Another issue for the countries is the high inflation. People and foreign investors lost compete faith in the the value of the currency. It is very hard to escape the hyper inflation spiral without foreign help. Here comes in crypto currencies which can create some stability again.

it is true about some of these countries that they had high inflation rates like Venezuela but not all of them. for example the inflation rate of El Salvador wa 0.21% in 2020 and 0.07% in 2019. in comparison the inflation rate of US was 1.25% and 1.81%.
there are a lot of other countries that have widely adopted bitcoin and don't have high inflation rate or social unrest.
50  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be artificially lowered by banks just like gold/silver? on: July 19, 2021, 05:15:19 PM
The little guys (0-1BTC) and currently stacking hard right now while the whales (100+) are neutral or slightly selling.

i think it is exactly the opposite. meaning the "little guys" are either waiting on the sidelines or have already bought the amount they wanted to buy. after all we have been in this price range for a very long time. and buying small amounts doesn't take that long.

on the other hands the whales are the ones who are selling or better said trying to manipulate the market to get it to dump more but failing so far.
51  Bitcoin / Bitcoin Discussion / Re: Why not fix Bitcoin directly? on: July 19, 2021, 05:02:52 PM
segwit allows blocks to bloat in data size but has not offered a transaction count increase
we are still bottlenecking at about 2500tx a blockmax.. ~1500average.

you are twisting the facts.
scaling is not about number of transactions per block but about the capacity of the blocks and segwit did increase that capacity which is also a block size increase.

one of the main reasons why the chart you keep posting looks like this is that a lot of big businesses that used to spam the blockchain with transactions paying 1 person started merging their payments together and pay multiple at a time.
obviously now the same block that used to contain 100 transactions from an exchange paying 100 users now contains 1 transaction paying 100 users. this increases the transaction size but decreases the total tx per block.
52  Bitcoin / Bitcoin Discussion / Re: Bitcoin’s Bull Market: A Long Road Ahead on: July 19, 2021, 04:44:00 PM
I bought as much crypto as I could for my atomic and ownr wallets. And ready for a bull run.

you are doing everything wrong then.
first of all you are buying altcoins that will dump the day bitcoin trend is reversed and price starts surging up and you will end up losing a lot of money.
secondly you may lose a lot of money before bitcoin rises as the wallet you are using is among the worse wallets that is closed source and too risky to use.
53  Other / Archival / Re: Will we break the key support at $30 800 or not? on: July 19, 2021, 04:18:36 PM
Do you think Bitcoin will break through the key support level of $30 800? The situation, frankly speaking, is not rosy on the daily chart.  Undecided

in my experience only the "round numbers" are the key levels for both support and resistance. everything else is passing by. as you can see now price has been below $30800 but above $30000 for some time now and nothing has changed because there was no significance to $30800.
54  Bitcoin / Bitcoin Discussion / Re: Bank of America Approves Bitcoin Futures on: July 18, 2021, 01:09:13 PM
there will be a lot more news like this in the coming months because as bitcoin is getting ready to go to the moon a lot of people would want to take a piece of this pie and make money. what better way of making money than to only be the broker who doesn't risk anything while getting paid for their useless service.

i also expect to see a lot of new bitcoin IOUs similar to what PayPal did this year where some company lets people buy bitcoin through them but doesn't let them withdraw anything and may not even have bitcoin to sell them.
55  Economy / Economics / Re: BTC is helping out Cubans and Venezuelans on: July 18, 2021, 12:40:25 PM
it is not just countries with declining currencies. it is a lot of countries that are usually underdeveloped. i think it has to do with the freedom that people have in most of those countries. for example you will face a lot more obstacles when you want to buy bitcoin in America than you wold face in most of these countries and your bank account is not going to get closed just because you dumped your fiat for bitcoin.
there is also far less FUD from the corrupt government and banks in those countries. for example you don't hear their bank CEO call bitcoin "fraud" while US banks do that every now and then!
56  Economy / Economics / Re: Are Renewable Energy resources the future? on: July 18, 2021, 12:14:16 PM
the problem in my opinion is not the renewablitiy or the pollution that some energy production methods (such as burning fossil fuel) produce but the problem is the efficiency of these methods.
for example how much energy can burning a gallon of crude oil produce? compare that with a gallon of gas.
how much can a single solar panel produce and what happens when it is cloudy?

i think in the future the focus is going to be more on the efficiency. imagine a single nuclear plant that can power then entire country.
57  Economy / Speculation / Re: Repeating the price cycle every 4 years on: July 18, 2021, 11:59:27 AM
That's a Huge expectation mate , Bitcoin can't even Break 70k and now in  6 months time will reach 300K?

not so long ago bitcoin couldn't break $4k and all of a sudden in less than a month it reached $6k which was about 2x higher. and in a year price reached $60k which was 20x higher.

why do you have a hard time believing that price can go up another 10x in a year? have you never seen bitcoin charts ever?
58  Bitcoin / Electrum / Re: How to redeem casacius using Electrum wallet on: July 18, 2021, 11:44:42 AM
I strongly advise against sweeping the coins to any exchange.
Why? As long as the exchange can be trusted, this is no different than sending to your own wallet first, and then depositing to the exchange.

maybe he is talking about the replay attacks on the forkcoins that don't support it. sending the coins directly to a bitcoin address that belongs to an exchange would send those shitcoins to the same address and those coins can be lost.
59  Bitcoin / Bitcoin Discussion / Re: The essential attributes of Bitcoin:Bitcoin is a database. on: July 15, 2021, 04:31:11 PM
I manage to convey the meaning of cryptocurrencies for the older generation only by comparing them with securities on the New York Stock Exchange

i doubt anyone, specially the older generation, understand what "securities on the New York Stock Exchange" is. and in comparison they will surely have a much harder time understanding bitcoin that way instead of simply saying it is "digital money".
maybe you understood the meaning of crypto-currency wrong yourself.
60  Economy / Economics / Re: Yahoo Finance, US and UK Inflation Contribute to Cryptocurrency Sell-off on: July 15, 2021, 04:05:58 PM
I don't see much logic to the argument that the Bitcoin price goes down because inflation goes up. Unless at the onset of inflation it causes a short term drop but in the long term people take refuge in Bitcoin.
inflation is not something that happens overnight or in short term. it is happening every day. and it is the mother of all price rises. your rent, utility bill, groceries, ... are all rising and bitcoin is not an exception. it too will rise as inflation increases.

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Something similar to what happened in 2020 from March onwards, that in the face of the crisis there was a massive sell-off in search of liquidity, but then the price went up.
the panic sell was not in face of the crisis, it is in fear that BECAUSE stock market has crashed then bitcoin must crash too! which makes no sense because bitcoin over the past 13 years has never followed any market whatsoever and in 2020 it had no reason to begin to follow them either.
in fact after the initial panic sell, the bitcoin price started shooting up while stocks and other markets continued dumping which is another proof that bitcoin has never followed any market and never dumped in face of some crisis like the pandemic.
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