Quote from: JayJuanGee on Today at 08:30:43 PM

Quote from: Sexylizzy2813 on Today at 04:40:00 AM

Quote from: JayJuanGee on Today at 03:39:51 AM

You should not have to ask anyone whether your post was good or not, and surely if there was some kind of appreciation of your post then you might get some merits for the post - and even good/great posts do not always receive merits.

Maybe what I said came out wrongly but with the way you painted it was why, that I should improve on my post quality, it was as if nothing have said in this Forum has ever made sense or weight up something of more informative concerning the topics or thread.

I did not review your post quality beyond just commenting on the post that you had made that had re-vived this thread from its prior inactive status.

Quote from: Sexylizzy2813 on Today at 04:40:00 AM

I'm open to corrections but it doesn't mean I shouldn't air out how I feel and when I see good things I shouldn't say it, come on,

Who cares how you feel? Apparently you do, but it is largely irrelevant. Are you talking about some subject matter in this thread or just coming to the thread to talk about how you feel about the topic? That is a pretty uninteresting post to come to a thread and to start to discuss how you feel about the topic, while at the same time, not even really attempting to grapple with the topic beyond merely continuing to want to talk about how you feel about your feelings and how my response to your post further made you feel.

Quote from: Sexylizzy2813 on Today at 04:40:00 AM

things I said has nothing to do with getting merit in as much as is one of the goal or what is used to measure how good our posts are. Like I said maybe I made a mistake, still learning from you high ranked members though.

None of us is necessarily restricted to responding exactly how another member wants us to respond, and each of us has an ability to figure out the extent that we might believe that it is helpful or useful to frame the matter in a way that might have been different from what the earlier posting member had thought to be relevant.. including if I brought up the topic of merits because I thought that the topic of merits was relevant to the point that I wanted to make.. whether you appreciate that perspective or not.

Quote from: Sexylizzy2813 on Today at 04:40:00 AM

Quote from: JayJuanGee on Today at 03:39:51 AM

You are right. I am not sure if research is necessary, but practice does likely help, and also if you try to tie some of your experiences into your post, you ask questions, attempt to engage with other members, and even provide some insight (or sharing of your own experiences and opinions that relate to the topic of the thread or even to some issue that might be raised by one of the posts), then it becomes more likely that other members will recognize you as a contributor to the forum, and even if they might not sent you an smerit for that particular post, they might send you an smerit after seeing several of your posts and appreciating that you are providing some useful or even thought provoking information...

You make me laugh senior, you know in life you can't give what you don't have, talking about experience, I haven't gotten much of that experience that you have or some other users have concerning Bitcoin on this Forum, I'm still new to it so if I'm learning or new where is the experience that I'm going to bring?

Of course, there is a lot of discretion regarding whether to post and what to post and self-assessing regarding the extent to which you might be able to add value to the thread (or some post(s) within the thread) based on your experiences and/or perspectives.

Quote from: Sexylizzy2813 on Today at 04:40:00 AM

I don't want to start acting like I know it all like some users do just to fil among, mehn... I'll do what I have to do, I also like contributing in threads I find myself

Again.. these are discretionary matters that you are bringing up... and of course, you can choose the extent to which you participate and maybe weigh whether it is a good thing to participate (whether you are aiming to help yourself or to help some other member or to help some random reader, since a lot of these forum threads are mostly open to the public).

Quote from: Sexylizzy2813 on Today at 04:40:00 AM

(don't kick me out on that Mr @JayJuanGee)

Sure longer standing forum members do seem to have more power in terms of their having had achieved a track record, but even longer standing members could get themselves into trouble if they try to act like they have power that they don't have.. and much of the time, I try to not flaunt rank and try to take members at their word, even if the member has not been around the forum for a while, yet sometimes it can be seen from the post that the newer member might sometimes be engaging in some kind of problematic behaviors which might justify using stronger language against the newer member or maybe just reporting the post.. and there are some forum members that will report the posts of new members rather than attempting to engage when the quality of the post might be questionable, or seeming to be of relatively low standards and/or even off topic.

Quote from: Sexylizzy2813 on Today at 04:40:00 AM

I get your point and what you said iamd the way you put it, is hardly said by some users so you have to know that you getting me exposed to many things, I appreciate it.

Well hopefully you are learning.. but I can already see that you might incorporate feelings into the topic or your posts, and that could surely get you into trouble to get distracted in those kinds of ways.. but hey.. you do what you like and see how it works out for you... and we surely are getting further and further off topic from the topic of this thread, so maybe both of us will end up getting our posts deleted because we are seeming to deviate way too much.

Quote from: Lida93 on Today at 05:28:16 PM

Quote from: Danydee on December 16, 2019, 04:37:47 AM

Quote from: Jet Cash on November 20, 2019, 06:44:53 PM

I believe that in the case of Bitcoin, the velocity should be calculated using the quantity of coins that are apparently available and released for use. I believe this because Bitcoin means a variety of things to different people and organisation, and its capabilities are fairly complex.

my first thought is to go to say that for a sustained velocity it needs a constantly new number of (new users/Interactions)..

A constant entrant of new users to bitcoin isn't just enough to create a good level of velocity of the coin. With the current number of users of bitcoin all over the globe yet the velocity doesn't correspond with the users and that's because so many are using it as a store of value while a very few are the ones using it as a means of exchange for goods and services. Unlike dollar where almost all users mainly using the currency as means of exchange for goods and services all over the world.

Another important thing that can sustain a good velocity of bitcoin is the lifting of restrictions imposed on bitcoin by some countries around the world as this restrictions has made the users in these countries focus on just seeing the digital currency as a store of value whereas the BTC has so many usages that many users haven't experienced it with.

Surely this post from Lida93.. is a great attempt to get us back on topic.

We can see that sometimes when governments are being hostile to bitcoin, then a lot of the bitcoin HODLers will pull their bitcoin off of exchanges, and surely that decreases the quantity of BTC that are available to circulate in the economy.

And some people claim that El Salvador's increasing friendliness to bitcoin might appear to increase the bitcoin that is circulating in the economy, yet their ongoing over-reliance (or adoption of bitcoin by pushing the lightning network) does not increase bitcoin's onchain usage enough.. and there are various potential problems with lightning network having ways to fractional reserve too.. especially having some custodial services that are part of the various ways that people are using their BTC in those more bitcoin-friendly jurisdictions.

Bitcoin's liquidity or the removal of coins from circulation is not exactly a static concept because we even have seemingly contradictory declarations out of China where they make aspects of bitcoin illegal in 2016 (freezing coins on exchanges), and then making aspects of bitcoin mining illegal in 2021.. and then recently letting off and seeming to want to promote bitcoin (at least in Hong Kong) in 2023.. so those kinds of changes in liquidity can affect velocity - to the extent that we are talking about affects upon onchain bitcoin and those new third parities might be holding their own keys or assuring that the have actual bitcoin to back up the claims that come from new entrants into the bitcoin market.

Quote from: Saheedu on Today at 05:36:04 PM

Quote from: Sexylizzy2813 on June 08, 2023, 05:53:08 AM

Got up this morning and saw this huge assignment, I thought is something I can pass through.
(Cut out)

I think the correct phrase should be...
I woke up this morning and after reading this thread then I thought maybe I should go and whore on some merits, I might be lucky to get a panderer to drop some for me.

No need to thank me for the correction. Grin

Actually that might not be an unfair summary of what it appears to be that Sexylizzy2813 was trying to do at the time of the post to reopen this topic (from it's previous inactive status).. yet it seems that it would have had been better to try to post something close to being on the topic of bitcoin, liquidity, velocity or something that might have had been somewhat closer to adding some possible value.

By the way Sexylizzy2813.. if you want to continue to respond to the various ideas of my post (which are also mostly off topic and meandering into meaninglessness), maybe you should think about possible ways to address the actual topic of this thread (related to bitcoin and velocity or something close to that.. have you even heard what is bitcoin?) rather than just continuing to respond to my posts in regards to how you feel about my responses to your seeming ongoing desires to stay off topic.

Thanks any way... Everybody is entitled to their opinion on how they think of other people.
And I'm not dragging the way I feel into any threads.

Velocity is the speed at which transaction take place and when it comes to the velocity of Bitcoin, it is calculated by dividing the 90 days evaluated by USD transaction volume by the 90 days average USD market cap...

Quote

have you even heard what is bitcoin?

If I have? It seems I'm hearing it from you for the first time😅😂
I have already before asking...
Is a cryptocurrency thats BTC and is a virtual currency that's designed to act as money in form of payment outside the control of a group of persons or entity and also the removal of third party involvement in any form of financial transactions.