Bitcoin Forum
June 30, 2024, 06:11:07 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 [55] 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 ... 600 »
1081  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin price and NFTs market on: July 18, 2022, 01:23:05 PM
Collectibles don't rise in value linearly. Some are heavily inflated though (like the game tokens) and some are just not going to be sought after (at least for a while).

NFTs also face problems for things like liquidity if they're unique enough to be attractive to higher end investors.
1082  Alternate cryptocurrencies / Mining (Altcoins) / Re: Home Miner Group Buy / [G1 mini; Swiss Hosting] on: July 18, 2022, 01:10:19 PM
I think the main complaints I've seen from cloud/hosted mining are:
1. Contracts being too long (this was particularly with 4 year contracts in bitcoin's case but a year contract might seem like a large investment to some here unless it gets split into multiple chunks/has resale value or buybacks (but buybacks would be risky - unless you find someone to secure buying them back at a lower rate like 80%-withdrawn profits).
2. Costs incurred by hardware maintenance, who pays them and when do you decide a unit is too much hassle to keep improving? (this could be covered by an involuntary insurance fund though).

Any idea how big the chips are in those g1 minis? I can find them for sale on innosilicon but not a size - essentially if they're big they have a higher chance of becoming obselete/overpowered sooner by a rival (big is 45nm, a good size is 7-14nm if the technology is similar in sophistication to bitcoin ASICs).
1083  Other / Beginners & Help / Re: Bitcoin Vanity Address(es) on: July 17, 2022, 10:11:28 PM
Is there not a way to make it completely impossible to create another vanity address that bears the same initials with one that's already created before?, like it is when you get an error like "this username has been taken" when trying to create a username that matches with another username in a forum .

This might be a case of it depends.

If used for payments there are ways to make things memorable - people like finding patterns from what is said about trading so why not make them?

If you can find a few stand out symbols then it becomes a lot harder for people to replace your address with another. (you might have to make a few addresses for this to work well though - and use the one it works best for).

3 letter words are often fairly easy to find in addresses and would make them harder to believably replicate for users paying attention to what they're doing.
1084  Other / Beginners & Help / Re: Bitcoin Vanity Address(es) on: July 17, 2022, 08:43:59 PM
You can also search for vanitygen (I'd link it here but I can only find the source code).

Edit: found the announcement thread with the binaries/runnable programs: https://bitcointalk.org/index.php?topic=25804.0

Windows x86+x64 binaries here.  PGP signature here

Get the source from GitHub.  Includes Makefiles for Linux and Mac OS X.

Don't trust online website services though as a lot of them are scam (unless they only generate half a key and make you generate the other half - as the legit ones do).
1085  Alternate cryptocurrencies / Altcoin Discussion / Re: What happens when ETH owns staking is live on: July 17, 2022, 05:53:34 PM
I think the interest rates offered to dao investors will have to just rise to compete with the pos mining.

Afaik, you need 30+ eth to start staking anyway so smaller investers that don't trust pools to handle their staking might think it's a better alternative to invest in defi. I think investors will still put a lot of stables into defi too.
1086  Bitcoin / Development & Technical Discussion / Re: Can we sign 3 messages from 3 addreses with same private key on: July 17, 2022, 05:49:01 PM
Not sure if the clarification/simplification was needed but all three of the addresses used are hashes of your public key.

It's your public key that's used to determine if a signature is valid. The part you put into a signature field on most wallets if your public key and the signature.

To be a valid signature wallets then have to check if that public key can be hashed into the address and then if the decrypted message digest matches the hashed message (if you encrypt/sign something with a private key, you can decrypt/verify it with the public key).
1087  Economy / Gambling discussion / Re: Martingale Betting Strategy on BlackJack, how effective it is? on: July 17, 2022, 05:38:02 PM
it can be a devastating strategy.
it is not unusual to get long "trails" of unfavorable hands.
Imagine you take 10 consecutive losing hands. Starting at $ 10, the first hand will get you:
-10
-20
-40

Yup this is definitely one of the worst strategies to do martingale (even though all will eventually cause a large loss some ideas like resetting every 8 bets greatly increases the time it takes for you to lose your entire bankroll).

The safest way to play blackjack seems to be by using the same size bet each time - I've seen a lot of people on YouTube at brick and mortar casinos be able to stream for 10 hours+ and still end up withdrawing $7-9k in chips with an initial $10k down on the table (often playing with 2 or 3 hands too).
1088  Economy / Economics / Re: The interest in Bitcoin in Turkey on: July 17, 2022, 05:29:17 PM
Bitcoin might be a solution if faced with 50%+ inflation but I still think the value fluctuations are problematic with it - they'll probably be less likely to panic sell and more likely to hold though given how their native currency loses value too. It might be disliked by their president because stablecoins can pay a good interest to people too (and in usd).

I've heard quite a lot of proposals that have come out since the inflation rate hit and stayed around 50% for a few years.

One of them was to top up accounts with the amount the currency had inflated so the value remains the same (this would worsen inflation and those on lower domestic salaries - unless they rise more than inflation).

Apparently a lot of Turkish bank accounts also accept dollars to be deposited (but don't offer interest on them). It's an odd situation to see an economy manage to survive on such high inflation rates and do well - it'd be better if they educated people on how to invest in companies (either on a national level or and inter atonal one) as I think they'd see a lot of demand for their currency over the long term on the forex market too (maybe initially a drop further in the value of their currency though).
1089  Economy / Economics / Re: Do you look down on Bushy or undeveloped areas? on: July 17, 2022, 05:19:17 PM
Been on this similar situation but my family do the reverse thing. We have a huge land property on a mountaintop and my family sold it for a very cheap price because no one is interested to take care or plant crops on it. After 5 years the lot area was used for government windmill project which becomes a tourist attraction in my province. The value of property nearby was insanely grow due to this new attraction because the mountain has a proper road already created by the government itself so nearby lots can be easily access by vehicles.

I think this has happened in a lot of places where land becomes more expensive because the area near it become more desirible and maybe easier to access. (there will be a lot of occasions where villages have been built near good transport links after they've been built to transport grain for farmers for example). Remote areas stop being remote if they've got a train station nearby that connects them to larger cities.
1090  Bitcoin / Hardware wallets / Re: Ledger Nano S Plus alternatives? on: July 16, 2022, 11:37:42 PM
But yeah, closed source chip makes me a little doubtful

Airgapping has been suggested numerous times on here and might be an option depending on what you're after. (if you want to store and use a lot of different coins then it would be very impractical).

You essentially end up using two computers to sign and broadcast transactions, one online and one offline. The online machine is able to see what utxos you have (unspent coins) while you're offline machine does the signing of transactions and sends them back to the online machine to be broadcast.
1091  Other / Meta / Re: Notifications For Replies in Forum Posts! on: July 16, 2022, 11:27:55 PM
it's not like that! it's just I can't explain it to you.. the purpose of the post was to creat attention to the main fact of notifications and add it officially in forum... if your bot claims and deliver as you said then i should give it a try for sure

The forum bots are the best ways to get notifications from the forum on quote replies.

The only other option is to use the timed search and search for your username (with a reasonable time limit - such as a day) and see if anyone's replied to you by quoting your message in that time. If people don't reply by quoting then there's also no way of knowing they've replied to you without checking the thread yourself (unless they mention you by name).
1092  Other / Meta / Re: I just got a really weird PM on: July 16, 2022, 11:19:07 PM
@op did you get a warning on the message that it could be phishing?



You can easily spot different links. If you hover your mouse over at the link, verify if it's the same as the one posted.

You can also copy link text on mobile to copy a link that looks right onto your phone (to paste it in your search bar) or use copy link address and paste it into a notes app to interrogate to see if it's a trusted link - don't paste it into a search bar as you run the risk of accidentally hitting enter or paste and go and you may at the very least denonymise yourself.



Hopefully this gets fixed by admins to make more links return [suspicious link removed]

1093  Economy / Speculation / Re: Everything down against the USD, which is down.. on: July 16, 2022, 11:10:26 PM
What is up? What are they getting rich on? Shorts?

Volatility. I've seen it's possible to trade that in the past and I imagine that is what's being done now to produce money for whoever's getting it.

Commodities are also up, the money that was in Netflix could've moved to oil. Broadcasting stocks have once again taken a huge hit internationally (a lot of investors got nervous about online subscription services)...
1094  Economy / Economics / Re: Avoid loan apps, a word of advice. on: July 16, 2022, 11:02:54 PM
I think you are talking about payday loans?
They are parasites, absolute scums, lowest of the low, and will burn in hell(I hope there's one). They would give loans to anyone without accrediting the borrower and assessing the risk involved.

Yeah they have very scammy business models. The largest one in the UK went out of business when a court determined they couldn't charge more than 100% interest on loans afaik (wonga).



Most debt is addictive if you want something now and don't want to wait.

Lending should be taken out as a last resort and even then should be attempted to be taken from a bank (potentially over a longer term to keep repayments low).
1095  Bitcoin / Legal / Re: Understanding Tax Implications on: July 16, 2022, 03:30:37 AM
This probanly depends where you are as there are often limits on declaring tax so you don't declare something too small (unless the tax system can handle it well).

It's also possible to just do the accountancy for tax purposes at the end of the year and just save the amounts you use to buy things with to work out what your realised gains and losses were.
1096  Bitcoin / Development & Technical Discussion / Re: Is it good? Create different wallet types and addresses by same seed on: July 16, 2022, 03:26:16 AM
The other problem would be recovering the wallet from seed. The wallet that offers you such an option to generate multiple types of addresses from the same seed, should also offer you an easy way of recovering that wallet. I don't think any wallet has that option.

Mycelium offers this in the wallet (for Android - I use it to check balances from my trezor) - their adverts are shady though as a prewarning. They only do legacy, nested segwit and native segwit so far but import them as being one wallet with one balance.
1097  Bitcoin / Development & Technical Discussion / Re: Why do we have Nested Segwit and Native Segwit? on: July 16, 2022, 03:19:59 AM
Nested segwit addresses are similar to multisig addresses and I think were in case people were wary of segwit or didn't want to accept it (it might've been a way to force some to use it too as a soft push).

Now, native segwit is the best for fees, and any site that doesn't accept deposits and withdrawals on it is probably not very secure.
1098  Bitcoin / Bitcoin Discussion / Re: lost HW-wallet: is importing the 12word enough? on: July 15, 2022, 03:39:20 PM
You did miss off whether you have a pin and passphrase enabled. If both are enabled (and are strong) it might be less dangerous to leave things on the old nmemonic for a while.

If you just have a pin or don't have that then I think physical attacks have a much higher chance of succeeding (since the hash of the pin is likely stored on the device).
1099  Bitcoin / Development & Technical Discussion / Re: Proof of Memory - can give the second life to the PoW? on: July 15, 2022, 03:35:11 PM
PoW and green won't go.

Giving people a lower chance to gain a reward overall makes things greener but also harms the security of the chain.

PoM as you call it is probably similar to what has been attempted with proof of storage/proof of space - I'm not sure how that worked except storing "plots" over a drive. (since you can mount ram as an ssd then it's probably a similar thing).
1100  Bitcoin / Bitcoin Discussion / Re: Trapped funds on Bitpay wallet donation offered for help on: July 14, 2022, 03:46:59 PM
The amount is determined using unspent transaction outputs associated with wallet and may be more than the
actual amounts associated with your pending transaction proposals."

This looks like the warning I get on my online banking from a debit card when I have a pending (outward) transaction. Is that where you got this message from or did it come from trying to move the funds.

Are the funds on the card also or are they stuck in another part of the account.
Pages: « 1 ... 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 [55] 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 ... 600 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!