Search content
Sort by

Showing 20 of 25,505 results by pooya87
Post
Topic
Board Bitcoin Discussion
Re: You need to run a Bitcoin node
by
pooya87
on 12/09/2025, 13:59:40 UTC
Is Knots like a "fork" of core?
What's different?
TYVM, FM
Yes. The developers of Bitcoin Knots created a copy of Bitcoin Core project which in software development is called a fork (not to be confused with what we call fork in cryptocurrencies). They made certain non-consensus related changes which they believe is an improvement on the original project.

As far as consensus rules go, they are both exactly the same since they are both "bitcoin" clients.
But they have different preferences, for example Knots give you more flexibility on controlling how your node operates. Like not relaying abusive or spam transactions to try and keep the bitcoin blockchain clean.

BTW if you ask me most of the stuff you read these days about "core vs knots" is being blown out of proportion.
Post
Topic
Board Economics
Re: higher profitability vs stability and security
by
pooya87
on 12/09/2025, 06:21:13 UTC
It is tough to say specially at this time when economy has become unstable and risky with prices rising. Which means you want both at the same time, job security and higher income are now equally important. The best option at a time like this is in my opinion to get a more reliable job that pays the bills but try to have some additional income on the side, like a second job, an investment, even trading could work. That way you have something to fall back on, even if the pay is low, but also you have the secondary income to help the financial situation.
Post
Topic
Board Altcoin Discussion
Re: How to identify new altcoins with good potentials.
by
pooya87
on 12/09/2025, 05:04:43 UTC
It mainly depends on what you mean by "potential".

True potential requires real utility which altcoins lack. Take bitcoin for example. It has true potential because it has a real utility as "money" (store of value and medium of exchange). That is not true about altcoins. Majority of them were created to be pumped and dumped.
To recognize true potential in any altcoin you need to be an expert at a technical level to go through the project, check their paper, their protocol, look at the code, run their main client, etc. Something that most people are not capable of doing. But if you find one, then you are in for real treat (imagine finding bitcoin back in 2009).

But another definition of "potential" which you probably you have in mind could be short term profit gained from a quick pump aka market manipulation. This is difficult because as I said you would be trying to predict market manipulation. Although there are signs but finding such pumpable shitcoins at early stages is very difficult and risky because if you fall for fake advertisement you can end up losing a lot of money, we are talking about shitcoins after all...

The 4 options you mentioned here are actually very risky (even what you called expert advice) because again we are talking about market manipulation. They will lie if they are paid enough money...
Post
Topic
Board Bitcoin Discussion
Re: You need to run a Bitcoin node
by
pooya87
on 12/09/2025, 04:44:41 UTC
100% every American street address should be a node.
If you're on the grid; you should be hashing.
"be hashing"? You mean mining?
You don't mine bitcoin by just running a full node. For mining you are going to need specialized hardware called ASIC which you need to purchase and use up electricity to run so that you have a decent enough hashrate to mine bitcoin.
Post
Topic
Board Development & Technical Discussion
Re: Ordinals and BRC20
by
pooya87
on 12/09/2025, 04:30:58 UTC
I think if such happens, many miners will support them. I think Ordinals and BRC20 may stay. They argued that they generated money for bitcoin miners which are maintaining the security of bitcoin network.
It is unlikely. Check out the fees, it is clear that the Ordinals Attack is no longer a thing. They have not been able to congest the mempool enough to raise the fees with their spam attack. So there wouldn't be any kind of incentive for a miner to switch to a copycatcoin (which is what it would be if they forked bitcoin, something like bcash, bgold, bsilver,...). Even when the attack began and the spam was at maximum the incentive to switch to such a fork was not enough.

Not to mention that at the end of the day what is being referred to as BRC20 is NOT part of Bitcoin protocol so if they create a shitfork where the only purpose is to allow these "arbitrary data" to be injected into the chain, they would be competing with actual token creation platforms such as Ethereum. In other words such a fork would be dead before it begins because the only reason why gullible newbies even considered this garbage when it came out was because it was using the bitcoin chain and bitcoin name to advertise it self even though this was never a token!
Post
Topic
Board Speculation
Re: 0.05 usd (2010), 5 usd (2012), 500 usd (2014)
by
pooya87
on 11/09/2025, 14:56:47 UTC
Price rise should have technically slowed down the more adoption grew, so you can't really extrapolate the price data like this. It is like an S curve.
On top of that, the market is being affected by a lot of other factors such as the global recession we all went through due to the COVID19 pandemic. That recession slew down the rise significantly, meaning it breaks the pattern.
Post
Topic
Board Bitcoin Discussion
Re: Something about transaction fees
by
pooya87
on 11/09/2025, 14:04:33 UTC
What caused this change?
There are multiple reasons for different fee spikes. So when you see fees going up, it can be because of one or more of these reasons:
1. No blocks having been found for a longer than usual time
Because of the way PoW works (you may get unlucky and not find any blocks), there are times where no miner finds any blocks for a while. It could be an hour for example, which means instead of having found 6 blocks (1 per 10 min) only 1 were found so 5x block_tx_count transactions would be left unconfirmed therefore creating a congestion.
This one doesn't last that long since the congestion is not that big and they are rather rare.

2. Major price movements
Whenever price goes up or down, suddenly and big, a lot of traders move their coins to and from exchanges. That increased on-chain activity increases the "demand" for the limited block space therefore increases the fees.
This is why we always have congestion during big bull runs. And these ones last longer than #1 but the duration depends on the market activity.

3. Spam attacks
Spam attack is basically when an entity or a group starts intentionally injecting a large number of transactions into the mempool that serve no purpose other than creating a congestion. I recorded some of the cases a couple of years ago here.
These types of congestion can last a lot longer than any others because they are intentional.

We can categorize abusive transactions such as those involved in the Ordinals Attack as a spam attack as well because they did the same thing by abusing the system.

Quote
Will low fees last, or will they rise again if Bitcoin’s price jumps?
Yes, that would be reason #2
Post
Topic
Board Politics & Society
Re: Donald Trump Summarily Executes 11 People Without a Trial
by
pooya87
on 11/09/2025, 13:50:44 UTC
That was a quote from an article, but thank you for sharing your intricate knowledge of drug kingpins.  I'm sure you have plenty of experience working with them. Roll Eyes
I know bcash is a shitcoin, it don't need to bag-hold it to know that Roll Eyes

I live by the base for the F-35 and I can tell you that from what I'm seeing in the air this week, there are going to be a lot more of these attacks happening in the near future.
Only US military would use the most expensive supposedly stealth strike fighters to bomb civilian boats at sea Cheesy

But jokes aside Unless you live in Puerto Rico it is unlikely for any movement in an airbase inside US soil to be related to this. For starters the distance would at least be 3000+ km (2000+ miles) from Florida (obviously more from deeper inside mainland). F-35 needs multiple refueling and the cost would be through the roof.
But also even though US doesn't seem like having any operational aircraft carriers, there are already air-assets deployed to Puerto Rico including the shitty and super expensive MQ-9 drones which most probably were used in this strike.
Post
Topic
Board Politics & Society
Re: Is United States on the verge of a civil war?
by
pooya87
on 11/09/2025, 13:13:07 UTC
3 years later this term is being used more...


(1) polarized United States (2) violence has been increasing (3) inflation
+
(4) recession
(5) corruption
(6) Trump
(7) genocide
(Cool debt
(9) isolation of USA

I'm still curious to know what Americans think.
Post
Topic
Board Altcoin Discussion
Re: How’s Everyone Preparing for the Rate Cut?
by
pooya87
on 11/09/2025, 03:27:25 UTC
Such a thing has absolutely no effects on the cryptocurrency market in the short term considering it is too local (US related and not global) and it is going to mainly affect the US markets (assuming they cut rates now or any time in the future).

In the long run as cutting rates at this point would lead to higher inflation, that can help the bitcoin price go up. And if that leads to a bull run that lasts longer than a couple of weeks then we can expect the altcoin market to see some rises as well as "newbie money" comes into it.

I agree with you here, mate. But the US main goal is to attract handsome money into their country, and they are acting like a greedy entity, as I feel. The Trump administration just wants these rate cuts to be lower so that whatever money they have invested will be converted into a handsome amount of profit. You know how much the trump administration is involved in the crypto space, that is why I feel that the trump administration just wants the rate cuts to be lower in the coming Fed announcement. This will give some relaxation to the investors, and then they will start to enter the market heavily.

And, this is also the reason why the Trump administration is giving higher rate cuts priority over inflation, just like you said. If this happens, then the chances are higher of an increase in the inflation rate. CMIIW! What do you say? Any opinion or suggestion on this? Your opinion is highly welcome on this for me.
You are right but this is a very complex matter. To put simply I'd say they want to have their cake and eat it too! You see, lowering interest rates would help the US economy start getting out of recession, it will help attract investors in the production sector and create jobs. Which are all positive speculations. But the US economy has turned into a debt based economy. Even the government functions like that. But when the government creates debt, it needs to be able to "sell" that debt to other countries and have them bag-hold that debt (the bonds the US gov. sells).

Now the problem is that with the World Order being established in the multi-polar world, other nations are not as willing as before to buy the US debt. For example China has already dumped IIRC $400 billion of those bonds.
The interest rates is what encourages them to continue bag-holding the bonds and maybe buy more (like Japan buying more). If they cut rates, not only the dump may speed up but also they will have a harder time convincing other countries to buy more of the US debt. That means more domestic inflation. That will discourage investors again!

P.S. Trump's involvement in crypto space is not an investment type of involvement, it is more like a scammer tactic. They created useless shittokens (which requires virtually zero investment) and sold it to gullible people and made millions.
Post
Topic
Board Economics
Re: World economic system, survival of the fittest.
by
pooya87
on 11/09/2025, 02:54:18 UTC
You have some good points here. Although I wouldn't say "survival of the fittest" at least not in the system that is now coming to an end. It is more like survival of the most brutal and barbaric regimes who do anything for resources and control.

Look at the past 200-250 years. The colonizers who had their economies thrive (specially after WW2 where they destroyed the rest of the world) didn't thrive because they were the "fittest". They thrived because they were the most barbaric and slaughtered everyone else to steal their resources.

These principles in the West are not different today either. We are watching the genocide West is committing in Gaza live with HD quality every day and it is all over resources and control so that they can "survive".
Post
Topic
Board Politics & Society
Re: Charlie Kirk shot dead
by
pooya87
on 11/09/2025, 02:20:48 UTC
After the miserably failed terrorist attack that NATO-Zionist Axis carried out in the capital of Qatar (a gas station with a dictator who thinks buying weapons from US and having the largest US military base there protects them) the US regime needed a distraction from that failure as the criticism of Trump was growing.

This is why the Axis carried out this public elimination of one of its disposable assets as a distraction...

It's also two birds with one stone. In the near future the US regime will use this public execution (carried out by the regime itself) as an excuse to attack supporters of Palestine who have been protesting against the ongoing genocide that US regime is carrying out in Gaza...
Post
Topic
Board Economics
Re: 11 more countries just joined BRICS this week
by
pooya87
on 10/09/2025, 08:30:16 UTC
The more the BRICS grows, the more the headaches of Americans are increasing. Because Americans are jealous of the success of BRICS, especially Donald Trump. As time goes by, the popularity of BRICS is increasing across the country, the success of BRICS is pushing the American financial market towards destruction.
I disagree. The reason why the West is getting weaker every day (with US at the head) is not because others are growing. What would BRICS's growth even "destroy" the US economy? That makes no sense to me.

No, I believe that the reason why the West is falling apart is because of their own corruption. Decades of corruption, stealing, pillaging, warmongering, slaughtering people in other countries, arming terrorist groups, and so on has had a heavy cost and they are now paying the price.

Look at France for example. They were strong because of their colonies and the more colonies they lost over the past couple of years, the weaker they got. Their government just fell apart and today there are massive protests across the country and life practically was halted in France as they "blocked everything"...

It's similar for the US. The only reason why US economy existed after WW2 was because they forced the rest of the world to buy into their Ponzi scheme. We all know Ponzi schemes don't last forever and they have to fall apart at some point. If not now, it will be tomorrow.
Nobody in the US should have expected to be able to print dollar indefinitely and have the rest of the world continue buying the debt they keep creating.
Post
Topic
Board Speculation
Re: BTC Sentiment Poll for September
by
pooya87
on 10/09/2025, 08:14:23 UTC
US FED's rate cut is going to be announced by next week which will definitely add more liquidity to bitcoin market from bank deposits. Waiting for a week or two may be required though, so we just should wait for it. I am still confident about seeing a new ATH in this September and by this December 200k is my personal target.
If the global tensions continue to grow and certain wars expand the chances of a rate cut will be lowered. For example yesterday evening Zionists carried out a terrorist attack in Qatari capital and bombed the residential areas there. Oil price jumped a little in reaction. There is also US regime threatening the oil rich Venezuela and if these two escalate more we can see oil price shoot up which would translate into inflation going higher. And we know they are less willing to cut rates if inflation goes up...
Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin Ever Become a True Source of Passive Income Without Selling It?
by
pooya87
on 10/09/2025, 08:07:53 UTC
So what do you think? Will Bitcoin always remain a pure store of value, or can it evolve into a genuine source of passive income in the future?
By definition Bitcoin is money and it already is store of value and you can use it to create passive income for yourself. But to do that you'll have to invest that "money" into a real business that generates you passive income. That business can be your own (eg. imagine you are running an exchange) or it could be invested into someone else's business assuming you accept the risks that it will have (like investing in a casino like freebitco.in that used to be safe and gave a decent return, it no longer is safe though).

The point is these two characteristics are complementary not contradictory.
Post
Topic
Board Altcoin Discussion
Re: How’s Everyone Preparing for the Rate Cut?
by
pooya87
on 09/09/2025, 14:13:15 UTC
Such a thing has absolutely no effects on the cryptocurrency market in the short term considering it is too local (US related and not global) and it is going to mainly affect the US markets (assuming they cut rates now or any time in the future).

In the long run as cutting rates at this point would lead to higher inflation, that can help the bitcoin price go up. And if that leads to a bull run that lasts longer than a couple of weeks then we can expect the altcoin market to see some rises as well as "newbie money" comes into it.
Post
Topic
Board Politics & Society
Merits 1 from 1 user
Re: Donald Trump Summarily Executes 11 People Without a Trial
by
pooya87
on 09/09/2025, 14:05:10 UTC
⭐ Merited by Fiatless (1)
the 11 drug kingpins who got taken out
^^ Definition of gullible.

Donald Trump announced he ordered the summary execution of 11 people

Quote from: JD Vance
I don't give a shit what you call it
What would have been the response of J.D. Vance if the Nigerian government ordered the execution of eleven Americans who were shipping drugs to Nigeria? Maybe Nigeria would have been another Gaza.

Your comments remind me of this quote: "All animals are equal, but some animals are more equal than others" -George Orwell
Let me introduce you to the former president of Afghanistan, Hamid Karzai who was president during the US invasion of and war crimes in Afghanistan. https://www.aparat.com/v/vulzfo1
Translation:
Karzai asks US regime officials "whether the bombs going off in Kabul or the bombs going off in Afghanistan villages killing dozens of women and children at a time were considered terrorism".
"No", they responded!
He asks them "then what is terrorism?".
"Terrorism is when our interests are threatened" responded the rogue US regime.

Right now the Venezuelans have control of vast amounts of resources (one of which is oil) inside Venezuelan soil and US regime interests is threatened because they don't control it instead! So now innocent people are being slaughtered by the US regime in clear act of terrorism (FYI the fast moving drug boats don't have 11 "kingpins" in them, they have at most 3 or 4).
Post
Topic
Board Economics
Re: Unemployment rate may rise in 18 months, Fed pivot?
by
pooya87
on 09/09/2025, 07:01:11 UTC
With the recent news about US unemployment rate hitting a new all time high and with the negative reaction that the Wall Street market showed to the stats, things are going to become even more complicated for the FED.

It can be said that the Fed is in a dilemma. Because with such high unemployment and if they don't lower interest rates, this could push the US economy into recession. Conversely, if they cut interest rates and inflation picks up again next year, things won't be much better.
US economy (like many other economies) is already in a recession. The governments just don't want to admit it already to prevent the recession from getting worse. In fact one of the reasons why Trump is pushing for a rate cut like this is the fact that US economy is in a recession and the belief is that cutting rates fixes it.

Ser? Did the unemployment rate hit a "new all time high"? There are small monthly increases, but it's FAR from hitting an all time high. Can you post the link/source of your information?
I we ignore the COVID19 recession and its unprecedented high unemployment rate due to the heavy recession of that time, this is an ATH in the past 8 years (last was around June-July 2017).

But the key point here was the negative market reactions not the rate itself.
Post
Topic
Board Bitcoin Discussion
Re: Does anyone know what this is?
by
pooya87
on 09/09/2025, 06:49:39 UTC
The reasons some users mentioned only make sense if there were only 1 or 2 cases listed on that website that were like this. But since there are a lot of them (73 right now) it can't be explained that easily. All I can say is that the bitnodes.io website in my experience, has had fake nodes listed for some reason. For example a while ago I was trying to test syncing and some other stuff and when I tried connecting to some of the nodes listed there using my own code, I realized their list contains fake nodes that even though the site may say they are synced, they do not capable of providing you with any data (eg. with block headers).
Post
Topic
Board Bitcoin Discussion
Re: How Long Should You Hold Bitcoin for a Passive Income
by
pooya87
on 08/09/2025, 05:47:18 UTC
That's not solid planning though, specially in bitcoin market where it has been proven already that it can have long bear markets where price keeps going down instead of going up. Then you end up selling a bigger percentage of what you have to get the same fiat value out. I'm talking about a period like 2018 for example.

I would also not call it "passive income", that is more like slow liquidation of your investment. A passive income shouldn't involve your initial capital melting away but instead you should still be able to keep the 1BTC and still earn $100k.