dave2011

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Jul 27, 2017
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Recent posts
  • Not a legal expert here, but I feel like we’re still kinda in the Wild West with crypto laws. Like, you find something, but do you really get to keep it? Depends on where and how you found it, right? Finders keepers?

  • That’s where the hash of the previous block comes in. Connectivity’s tight, and it’s designed to prevent tampering.

  • So many people freak out and sell low. If someone bought in at $60k, selling now is just foolish. Bitcoin’s too solid to crash and burn!

  • The network software mostly sets the fees. It tries to guess what’s best to get your transaction in the next block. But it’s all guesswork based on incoming traffic and block timing, so fees can bounce around a lot.

  • You can’t repurpose heat from mining in Africa like you can in colder places. That’s a challenge.

  • True, he's still just a president-elect. Can't just say he only got wealthy votes. A lot of middle-class folks wanted change. But yeah, these plans often favor the rich.

  • It’s been said a million times: investing and mining are totally different vibes. They come with their own risks and rewards. Some folks like apples, others prefer oranges. Just pick what fits you best.

  • We still don't know what that 'default' fee actually was when you sent it. Fees can change based on how busy the network is. $2-3 seems okay but might not have been enough. If you're cool with it, drop your transaction…

  • Just a heads-up, adding a passphrase to an existing seed isn’t really possible. You’d end up with a whole new wallet and keys. If you want the passphrase setup, you’ll have to reset.

  • First off, Bitcoin Core is a full node wallet, not a mining app. If you're having issues with understanding the daemon stuff, maybe solo mining isn't what you should start with. Can you explain in detail what you’ve…

  • CoinMarketCap isn’t an exchange. So, where do they actually get their prices? For accurate data, it’s best to check the exchange with the highest volume for that coin. They often have APIs for automation too.

  • If both transactions consume the same UTXOs, then the unconfirmed transaction is invalid and can never be confirmed (regardless of when it was created or broadcast). It will be dropped from the mempool.

  • I just choose whichever stablecoin has good liquidity on whatever platform I'm using. I don’t dive deep into the tech since I don’t hold them for long. To me, all these centralized coins carry risks.

  • Schiff’s always been bearish. Looking back at that tweet is just funny now. He thought he was so right, but the market proved him wrong.

  • Absolutely, the number of transactions varies based on their size. Blocks are limited by total byte size, not by how many transactions are in them. So, you could have fewer big ones or a bunch of small ones, depending…

  • But what if you’re a DCA investor holding tons of small UTXOs? Consolidating those inputs with high fees will be rough. It’s like we’re being pushed back to custodial wallets.

  • Trading junk coins is literally gambling! You might get lucky, but most losses will stack up. It’s wiser to cap your risk and not invest everything at once.

  • Yeah, your plan works if it’s all off centralized exchanges. But good luck explaining to the IRS how you funded your company. They’ll have records when you return to the US, so be careful.

  • Oh look! You finally used words correctly. Didn’t think that was possible based on your earlier comments.

  • Why stop there? Your predictions don’t go past 2025? Some of us want to know about the long term since we’re in this for the ride.