@ Heisenberg63 had reached out to me on private message and said he would like to split the loss.
He want to split my loss as 50-50, of course it doesn’t do me good as I still do loose money. @Heisenberg63: why don't you start by paying OP 50%, and continue "negotiations" from there? That way, at least he won't feel forced to accept your 50-50 offer (in order recover something), and can freely decide what he wants. |
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Do you have the guts to tell your signature campaign manager that the signature looks like a circus? I don't think so! After years on the internet, I'm completely used to ignoring anything that even remotely looks like an advertisement. I've had moments in which I couldn't find something on a website, and it turned out it was in bold dark red with large font. I just don't look at it.
But hey, you got me intrigued. I could just mess a bit with people, making them doubt their own monitor or eye sight, by slightly adjusting the color of my text a bit. How's this? Feeling like you're going crazy yet? I can't deny I like it, but it's adding a lot of useless data to my post.It's like a printer that's out of ink  |
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I think the correct strategy is to always spend from the UTXO with the highest amount of bitcoin. Is there is a flaw in this strategy? There is no "one answer" for this: it depends If you're always using your largest input to make small payments, the other party knows you own that much Bitcoin. If you're okay with that, your largest input keeps getting smaller. If, in the future, you want to make a large payment, it's cheaper to have one large input than having to use several smaller ones. I would use small inputs for small payments. If you have enough of them, you may be able to use one without creating any change at some point. Or, my other favourite: combine payments so you have no change left, for instance by topping op a VPN or hosting balance. That way you're effectively making the small dust someone else's problem. At current fees, I wouldn't worry too much about using 2 inputs when making a transaction. It's not ideal, but the cost isn't that high either.
Earlier today, fees were slowly dropping and months old consolidation transactions paying 7.05 sat/vbyte were getting confirmed. Mempool.space's Mempool Goggles was filled with nice consolidations cleaning up mempool. There were barely any "Data" transactions waiting. Now, it looks completely different:  It's so obvious it's just one person doing this. Someone creates thousands upon thousands of BS transactions sending Bitcoin dust and pays millions upon millions of dollars in fees. Nobody in their right mind would do that if they don't earn more from it, so this can only mean someone is still earning shitloads of money from selling BS to gullible FOMO people. |
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1BKgupmUGJHG8PsZwiw7W9VTf8yxRMA3oC |
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if in the Android application he simply entered a password and received a couple of keys. This sounds like a great concept to enter your seed words into a phishing app. |
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You don't need a wallet to generate addresses. I generate mine offline on a computer that cannot be connected to the internet (no wifi, no network cable). I print co-called paper "wallets" on a printer that has never had internet access.
~
When I sweep an address into a wallet program, I transfer the bitcoins as quickly as possible to the intended recipient and then put the remainder back into secure cold storage. I think your sweeping system can be improved: instead of doing it "as quickly as possible", why don't you sign offline? There's no need to expose the private key to an online system (other than for convenience for small daily expenses). I'm thinking of this (and you already have the offline computer so you can skip some of the steps): Online:Install Electrum on your PC. Import your address to create a watch-only wallet. Preview the transaction, Copy the unsigned transaction. Put it on a USB stick. Offline and running without hard drive storage:Get a Linux LIVE DVD. Use Knoppix or Tails for instance, or any other distribution that comes with Electrum pre-installed. Unplug your internet cable. Close the curtains. Reboot your computer and start up from that DVD. Don't enter any wireless connection password. Keep it offline. Start Electrum. Import your private key. Copy your unsigned transaction from the USB stick, load it into Electrum. CHECK the transaction in Electrum. Check the fees, check the amount, check all destination addresses ( character by character). If all is okay, sign the transaction. Copy it back to your USB stick. Turn off the computer. That wipes the Live LINUX from memory and all traces are gone. Online:Use your normal online Electrum to (check again and) broadcast the transaction. |
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No one will take such posts seriously. This is crazy! How old are you OP? 12? Color should be functional, for instance to make a long list easier to read, or to highlight a scam warning. If you post like a Teletubby, I won't bother reading it. Or go full crazy and use https://www.stuffbydavid.com/textcolorizerWhat's with the Bold text? You've earned only 10 Merits in 6 years. That means your posts aren't worth reading, or nobody reads them. Or both. You'll fit right into my Ignore list. I think you should update your forum netiquette. |
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Phone computational power is very low to the computational power of computers. I wouldn't be surprised if my (high end) phone has more computing power than my (old) laptop, but I'd never use it for anything serious. Phones are terrible to secure, it's much easier to run an offline laptop and wipe it afterwards. I am curious how hot my phone would get after full CPU and GPU load for a couple of hours though. |
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The only difference between a Merit source and someone else is that a Merit source isn't allowed to sell Merit. Explain that better Meriting as a normal user: You have received a total of 101 merit. This is what determines your forum rank. You typically cannot lose this merit. You have 1 sendable merit (sMerit) which you can send to other people. There is no point in hoarding sMerit; keeping it yourself does not benefit you, and we reserve the right to decay unused sMerit in the future. Meriting as a Merit source: You have received a total of 16249 merit. This is what determines your forum rank. You typically cannot lose this merit. You have xxxx sendable merit (sMerit) which you can send to other people. There is no point in hoarding sMerit; keeping it yourself does not benefit you, and we reserve the right to decay unused sMerit in the future.
You are a merit source. The next 123 merit you spend will come from your source rather than your sMerit balance. Merit spent from your source will come back in 30 days. Unused source merit is wasted. It is not allowed for merit sources to sell their merit. because it infers that those of us who are not merit sources are allowed to sell merit and I doubt very much that you mean that. It's the same as selling accounts: it's not forbidden, so it's allowed. There are no consequences from the forum, but it's heavily frowned upon. You won't get banned and your sent Merit won't be reverted, but you can get negative feedback from anyone who thinks you deserve it. theymos talked about how he only saw it as legitimate to red tag someone for selling merit (not for exchanging it, for example, or giving it in a careless way), with no distinction between whether the person selling it is a merit source or not. Theymos was talking to a Merit source when he said that: If a DT member tags you for something stupid involving merit (ie. probably anything less than selling merit), then they're not going to be a DT member for much longer. |
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Don't any of you have IRL friends who join forums or teach neighbors or friends about forums? No! I strictly separate online activities from IRL activities. That's why I'm not using my real name here. It's strange that every connection is considered an account farm. except that no one really invites someone to join forums or teaches about bitcoin in the real world If I would have a real world connection here, let's say my wife would join, I'd announce it to prevent any accusations in the future. I'm not sure yet if I'd Merit her: even if the posts are worth it, I don't like conflicts of interests. |
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the spend done to raise fees would need to be 15% of what the fees run.
Ie spend .2 btc on fees. your pool mine ⅓ the blocks so your actual spend is not .2 it is .133
So what does the cost of .133 raise the fees by for each block . If they can move block fees from .1 to .5
and they hit ⅓ of those blocks they get .167 for spending .133 You're double counting block rewards. If you spend 0.2 BTC per block to raise fees by 0.4 BTC per block, and mine 1 out of 3 blocks, you're losing 0.2 BTC per block you mine. Apart from the math, with different numbers this may work in the short-term. But in the long-term, if you're spending 0.2 BTC per block on raising the fees, and your competitors spend 0.2 BTC per block on buying new mining hardware, you're on the losing end. |
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At least those transactions are sending payments, not consolidating. They're still doing it: this transaction takes 9 dust inputs and one large legacy input. It sends a small amount to a new address, and the majority back to the original large legacy address. If they would have forgotten about the dust, they could have made the same transaction, saved $300, and would have had more money in their large legacy address than they do now. If this is a failed algorithm I'd like to apply for a job to do this manually. I only charge 50% of all the money I save in fees. It will take me just a few months before I can retire. BTC whales don't give a shit, they're frivolous spenders.
Not much difference compared to fiat whales TBH... You didn't check the link I posted, now did you? Usually, fiat billionaires don't get rich by wasting money. It's like spending $100 to get rid of $5 from your wallet. It doesn't make sense. |
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This is my mistake. komisariatku and I come from the same city and we meet occasionally. I used his laptop when I met at the cafe and read many threads there, I didn't realize I was replying using komisariatku account. Yeah, this happens to me all the time. I go to a cafe, get drunk, and give anyone I meet full access to my laptop to have fun on the internet on my account. It's a common mistake, can happen to anyone  asrinur ~ My friend's account and he has sold the account pentol86 ~ My friend's account and that account were hacked cyberdg ~ My friend's account and the account are still held by the original owner havi agasa ~ My friend's account and the account are still held by the original owner Hagz ~ My friend's account and the account are still held by the original owner What's wrong with your OPSEC if you discuss a forum related to your finances with that many friends IRL? |
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the fact remains no signature person should be a merit source. That goes against Bitcointalk's mission to be as free as possible. The only difference between a Merit source and someone else is that a Merit source isn't allowed to sell Merit. Ie I am a merit source I want to be a signature manager does anyone want to hire me. Is this the way merit sources became signature managers. I haven't seen much abuse from Merit sources, and I've never seen something as obvious as "hire me because I'm a Merit source". |
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Let's zoom in on two consolidations:  One dot: 13.0 sat/vbyte, paying $323.60 Two dots: 36.3 sat/vbyte, paying $997.36 According to mempool.space, they were both first seen at the same time, and both confirmed in the same block after 7 minutes. Someone could easily have saved $650. This guy paid 444 sat/vbyte, but included many inputs with 3183 sats. Looking at his address, he's been doing that for a very long time. He's wasting massive amounts of money on transaction fees. I don't get it. Meanwhile, the (Ordinal) blockchain spam still continues:  |
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20- Crypto Library I edited my post 3 seconds before you posted this |
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