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June 23, 2024, 01:01:33 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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 11 
 on: Today at 12:28:29 PM 
Started by Donneski - Last post by Yucky
Considering the rate at which Bitcoin is spreading across the globe, it might be globally accepted as a means of exchange in all parts of the world in 10 years to come.
even though it's yet to be officially made a global means of exchange, when you're considering the most reliable medium through which you can carry out international transaction, Bitcoin is the surest and most convininece means to bank on. In the next ten years, we might not be certain that Bitcoin will get accepted as a global legal tender but at that, it's going to serve as the most viable digital asset that's used in not just storing wealth but also creating wealth.

 12 
 on: Today at 12:28:24 PM 
Started by krishnaverma - Last post by Etranger

Educating someone who has plans to invest in Bitcoin is indeed very good, but they must first have the desire to learn it well because if they don't have the desire to learn, of course we will teach them in vain and this will be a waste of our time. have, but if they have the desire to learn then we must be able to teach them in detail about investment so that they don't make mistakes that can cause them losses on the investment they will carry out and it would be better for them to be able to make their own choices after we explain about the investment and never force them to do things they don't want to do.

Yes, I believe that the request should come from the student, not the teacher. Otherwise, it will be implanting knowledge that there is no desire to receive. Such training is doomed to failure; the teacher will only earn a negative attitude towards himself. There is no effectiveness at all. It's another matter when someone shows interest and asks to be taught. Then you can really achieve success.

 13 
 on: Today at 12:21:42 PM 
Started by Oshio-man - Last post by Mr.right85
Opportunities fly just as rumors do fly. Haven’t heard of Bitcoin is one thing while, truly knowing it is another thing. Now Bitcoin has been around for more than a decade now but, we still have majority of people having to watch from the sidelines, not daring to invest not because they’ve not heard of it or haven’t seen or heard stories of people that have benefited from the innovation but, they don’t truly know Bitcoin and so there level of skepticism is so high, high enough to make them abstain from the currency. For these persons, FUDs been spread around by the government, it’s agencies and Anti-Bitcoins means so much to them and goes a long way to shape their approach.

I wouldn’t be surprised if I find anyone to have heard of Bitcoin but I would be surprised to note that they truly know what they are talking about when am in those areas. These are those that truly don’t hope to exists within the box which there environment have made for them. It’s a huge step towards breaking out from the norms of social stratification.

 14 
 on: Today at 12:11:12 PM 
Started by Nicksy - Last post by Mr.right85
Bitcoin is gaining a lot of popularity and there are people considering it as a retirement investment. How good is this?

In as much as Bitcoin could be a good investment, having to give it priorities as an investment for the retiree doesn’t sit so well with me. I mean, these are persons who can have high blood pressure at any time and having their hopes hooked on a highly volatile investment like Bitcoin, which can pump and dump unannounced could mean trouble for a retiree. Having the values of their holdings depreciate wouldn’t make a good site and these guys need something a lot more steady to go on, they don’t need that volatile Bitcoin.
Therefore, having it for an investment before retirement and through retirement is good but, it’s shouldn’t be there sole investment.

 15 
 on: Today at 12:06:49 PM 
Started by Abiky - Last post by atookz
I also just heard the news, one form of support for presidential candidate Donald Trump because in his campaign if elected he will support the development of crypto. But from the news that the donation exceeded the individual limit allowed by federal law which is $ 844,600 so each will be returned about $ 155,400. This highlights the former president's growing support from the cryptocurrency community, as his campaign's acceptance of Bitcoin donations reflects his favorable views on crypto.


 16 
 on: Today at 12:05:35 PM 
Started by Abiky - Last post by mv1986
~

I think this goes too far. As far as I have been following things that Trump said, he has mentioned crypto a couple of times for strategic reasons to gain some more votes as it could become very close, but I believe that many of the Bitcoin people are still skeptical whether he will fully stand behind the Bitcoin industry once he gets elected. I am not convinced to be honest. There wasn't all that much talk about it from his side. He just brought it up a couple of times, but more like a side topic.

The donation itself, well it could be meant in a manipulative way that Trump now makes very clear statements about Bitcoin and its future in the United States. He may think that more money might flow in for his election campaign. We will see how Trump will either honor this donation or just leave it as it is.

By the way, in a couple of days there is the first TV duel between Trump and Biden. I wonder if the topic will be brought up there.
I agree with you that Mr. Trump only mentioned supporting cryptocurrency in a few statements, he never spent much time seriously discussing it. But we also need to know that the cryptocurrency industry is still not a field with a large number of participants, or plays an important role in the economy of a country like the US. It is just an emerging trend and is gradually becoming popular. It cannot be more important than other issues such as promoting the economy, immigration, war...other painful problems in society. So we don't need to be too picky about why he doesn't hold any dedicated discussions on cryptocurrencies.

I feel that Mr. Trump's strategy is to attract and win the trust of minority voters in society, and cryptocurrency is one of them. Just because we are crypto investors we feel dissatisfied but for other voters, they care about other things rather than focusing on crypto like us.

While I don't know how serious this source is, it does state that:

Quote
Cryptocurrency awareness and ownership rates have increased to record levels: 40% of American adults now own crypto, up from 30% in 2023. This could be as many as 93 million people.

Now this is mostly discussing ownership and there is of course much more to Bitcoin than that, like the infrastructure and especially the mining industry, but I guess there is a good number of people that would like a president with a favorable stance on Bitcoin. Given how close the last election was between Trump and Biden, I wouldn't underestimate the effect of getting Bitcoin people on board. But in order for that to happen, I think Trump's stance so far has been too weak and it doesn't make the impression that he is ultimately serious about it.

This could still change though in the next few months. But I wouldn't be shocked if Biden loosens his position a bit to somewhat neutralize Trump's position. At least in terms of communication. As far as I know the Biden administration was trying to pass some laws that were clearly against it. 

 17 
 on: Today at 11:57:46 AM 
Started by Oshio-man - Last post by Fara Chan
If you think back to 2009, you can understand how popular Bitcoin was then and how popular Bitcoin is today. As the world becomes more modern, people will become interested in digital currency and eventually people will start using digital currency instead of fiat currency. In the beginning, different countries of the world strongly opposed Bitcoin, but currently, different countries of the world are accepting Bitcoin as a payment system in addition to legalizing it.
Countries that used to hate Bitcoin and now like Bitcoin are of course due to quite clear evidence in Bitcoin itself through its continued development after 2009. Now the whole world has heard and knows about Bitcoin even though there are also people in certain remote areas who have not heard of Bitcoin, but in general Bitcoin has now been accepted by many parties and also many countries and other well-known companies. And this has certainly made Bitcoin a digital coin that is paid special attention to by many people in this world.

 18 
 on: Today at 11:52:56 AM 
Started by Nicksy - Last post by Litzki1990
When a person retires from a job, he is paid a lump sum according to the job, which is roughly the sum of money. Many have a dream that they will build a house with their pension money and many dream that they will fulfill their wishes with this pension money and there are some retired employees who think about their future and invest their entire money in various business activities. There is nothing wrong if a retired person invests his pension in Bitcoin if he has knowledge about Bitcoin and believes in Bitcoin. But I would say to invest half or two-thirds of the pension money instead of investing the entire amount. The remaining half or the remaining part of the money can be used for his various dangers.

 19 
 on: Today at 11:39:05 AM 
Started by Felicity_Tide - Last post by nc50lc
Quote
Transactions with nLocktime field set to future dates/block will be rejected by nodes as "non-final", so it wont make it in any node's mempool that enforce that rule.
This is almost true. Almost, because it is the case for those, who use Bitcoin Core. But there are sites, which can accept timelocked transactions for some reason, hold them for a few hours, and then drop, when it will stay unconfirmed (and yes, for those few hours, they may even show, that there is 35% chance for transaction inclusion, even if the real chance is 0%, because of the locktime).
Great, then some of Blockcypher's nodes don't belong to those nodes "that enforce that rule".

I generalized the first part because it's pretty much mandatory to protect the owner's node due to it being a DDOS attack vector.
Plus, I'm not aware of any implementation that accept such transaction to their mempool, some niche or personal Bitcoin client maybe.

 20 
 on: Today at 11:38:00 AM 
Started by MainIbem - Last post by MainIbem
Telling someone to buy BTC is easy, but if that's the only advice you're going to give someone, then maybe it's better not to say anything.
Mr Lucius, I hope you know that in the Bitcoin talk forum there are several other topics discussed and you don't expect me to mention everything in one topic, not everyone is partaking in the campaigns to Bitcoin in large or less quantity, i believe some where convinced by friends to join and get knowledge about Bitcoin but could still have doubts of investing. And there are other members that would also create awareness to them concerning what you mentioned, advising Newbies or those that still have doubts towards investing in Bitcoin is not a bad idea. Moreover I might convince people on investing and they'll also be able to learn about the risks factors involving it from other people's topics, in a school, you don't learn everything from one professor or teacher there's division of labour in teaching.

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