Bitcoin Forum
July 07, 2024, 05:53:31 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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 1 
 on: Today at 05:52:48 PM 
Started by NotATether - Last post by Die_empty
And about 3 months ago, UK court did same thing on case COPA against him[1]. I agree that he's (especially on cryptocurrency world), although i bet he manage to hide small amount of asset/money which unreachable by UK court.
Yes, I remember reading about this at that time, which raised some questions.
He was practically disgraced by the UK court and he lost the right to claim he was Satoshi. I thought the court would have ruled that he should pay all the legal fees incurred by the Crypto Open Patent Alliance. This would have devastated his finances.

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- Can the court freeze his Bitcoin assets as well since it could be in a non-custodial wallet?
This is one of the benefits of decentralization. He can hide his funds from law enforcement agencies and it might never be discovered. They can only freeze the assets he has declared or those they can trace.

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- When the court freezes rather than seizes an asset, under what conditions can it be unfrozen in this context?
The verdict can from a High Court so he still has the privilege of appealing the judgement in the Court of Appeal. He can secure a favorable government that can secure the unfreezing of his assets.

 2 
 on: Today at 05:47:08 PM 
Started by The Hidebehinder - Last post by MeGold666
How did Lightning Network fail?  Because it did not bring enough Bitcoin users to be part of it until today?  Bitcoin is still pretty hard to learn, Lightning makes things even more complicated in my opinion.  This does not make Lightning a failure.  It was more of an experiment anyway.  Bitcoin is an experiment itself.

It has scalability problems, it has privacy problems, it has centralization problem, it has user experience problem.

It failed at everything it promised for so many years and current state is so unfixable that one of the main devs abandoned the project because current exploitable behavior can't be fixed without changing Bitcoin protocol.

That's how.

 3 
 on: Today at 05:35:54 PM 
Started by LoyceV - Last post by Pmalek
Today was a good day for consolidations and moving bitcoin between wallets if you were waiting for a decent opportunity to do that. All transactions of 6 sat/vByte were confirmed almost always in the next block. Even transactions of 5 sat/vByte found their way in Bitcoin blocks.

The window still hasn't passed, so if you can, take advantage of the opportunity. There are many unconfirmed transactions in the 4-5 sat/vByte range. Don't use round numbers. Remember, 5.1 sat/vByte or a bit more gives you an advantage over everyone paying exactly 5 sat/vByte and the difference in the total fee you will pay won't be a big one.

 4 
 on: Today at 05:28:44 PM 
Started by The Hidebehinder - Last post by BlackHatCoiner
I hope we see 1 sat/vb soon, but I doubt it. 1 sat/vb paying transactions are on the bottom of a mempool which can fill 169 blocks, at the moment. Meaning, you'd need to wait for about a whole day, with nobody making any new transactions, so that you reach 1 sat/vb.

Your statement is still wrong.  The goal of Bitcoin was never to have more expensive Transactions with time.  This was a problem that came up with time, not a goal.
The goal is to have a congested network, because a hard capped network like Bitcoin that does not have tail emission is reliant on transaction fees. Therefore, there have to be a lot of transactions.

Transactions (on-chain) being expensive is a side effect of that goal, because of the scarcity of the small block space.

 5 
 on: Today at 05:24:39 PM 
Started by Queentoshi - Last post by C10H15N
Never love your investments.  They will NEVER love you back.   Cool

 6 
 on: Today at 05:22:42 PM 
Started by Glen0166 - Last post by Patikno
Only 2 posts, and all of them are non-sense posts. In the first post you mentioned that you would have 10M Bitcoin in 2024 May, so do you have it now? can you provide on-chain proof?

Knowing that it's impossible for you to do so, continue your drunkenness and create a more feasible illusion.

 7 
 on: Today at 04:48:07 PM 
Started by SickDayIn - Last post by PrivacyG
How do you know this is the best time to invest in altcoins? Who can benefit from investing in coins now? It would have been better if you could have explained it better.
Did you not listen to what he was saying?  Altcoins are amazing for Short Term Profits.  Nothing feels greater than putting all your Life Savings into an Altcoin, watching it become a fortune and almost immediately vanishing in thin air due to a Scam or becoming close to nothing due to a dump.

I wish I could see the Wallet Balance of all those people who suggest investing in Altcoins over Short Term for making Money.  It may work once or twice, but then you end up putting a significant amount of Money at the wrong time and you will be stuck for years with the hope of just making it even.  I mean.  In most cases, I would be happy and proud if I can even take back my Money.  It mostly ends up in a big loss and regrets.

But sure, Altcoins are amazing for Money making!  In the dreams, of course.

 8 
 on: Today at 04:44:31 PM 
Started by The Hidebehinder - Last post by boyptc
6sat/vb or 50 cents for a simple tx is normal now, will we see it 6 times cheaper?
I hope so. It's been so long since I've checked the fees and just because of this thread, was surprised to see it down to 6 sats/vB.

How long do you think it will take to reach this target? Days, weeks, months?
I'm so optimistic I will say two weekends from now!
I don't want to guess but right now is totally fine for me and it will be better if we'd see that anytime in the next few days, months - anytime in the future.

 9 
 on: Today at 04:41:37 PM 
Started by SickDayIn - Last post by Wonder Work
Those who can invest in Bitcoin for a long period of time will prosper in the future. Those who invest in Bitcoin will never make a profit if they invest for a very short period of time. Because it is better to invest in Bitcoin for a long period of time.But for those who want to invest in Altcoins, I want to say that before investing in Altcoins, think carefully before investing. I think it is the right time to invest in Altcoins for a short period of time, so if anyone wants to invest in Altcoins for a short period of time,  Advise to invest in Altcoins.
How do you know this is the best time to invest in altcoins? Who can benefit from investing in coins now? It would have been better if you could have explained it better.

Hey, investing in Bitcoin for a short period is not profitable. The mile board should be a giant from which to bring something big. To think like this, one must think long-term. Doing this for a short period will do nothing.

 10 
 on: Today at 04:39:15 PM 
Started by Kruw - Last post by PrivacyG
If the actual purpose of paying for blockchain analysis is to filter the outputs coming into their coordinator from "taint", then perhaps not.
I will give some Money to a Terrorist Group.  The actual purpose is that with no Money left, innocent kids and wives of Terrorists could die of hunger.  Is my donation now justified and I am innocent or is it implicitly bad to donate to a known bad actor that works against us all?

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