If you are afraid of someone randomly generating or guess the same seed phrase as yours why not use "extended seed with custom word" when creating a new wallet?
It's an extra layer of security that can prevent hackers from guessing the seed phrase or even the main seed phrase being compromised without the custom word they won't be able to open the right wallet.
|
|
|
Applying for Signature Campaign
Edit: Rank: Legendary Alternative choice (optional): Merit earned in the last 120 days: 99 Bech32 address: bc1qptg5vvtmwwgn96qgwgalpflqjvxxmvlwmu8529
|
|
|
Waiting for the bitcoin price to fall before purchasing some bitcoins may not be the ideal strategy to follow while stockpiling your crypto assets. You never know if this is the lowest the price can go, and if you wait for it to go lower, you may be compelled to buy at a higher price later since it did not go lower again. This is where the Dollar Cost Averaging method comes into play to meet your purchasing needs; it will cover for the times you bought at a higher price when the price drops to buy again. Considering the crypto market is big and price movement is unpredictable, we can never forecast where it will go.
That strategy works on those who don't know how to read the market and only those who want to hold assets for an extended period of time. DCA strategy looks the same as the martingale strategy and I think if you combine DCA while analyzing the market on what price has resistance will allow you to maximize and buy more at the bottom price unlike without analyzing the market.
|
|
|
Current post count (including this one): 11179 Rank: Legendary bech32 address: bc1qptg5vvtmwwgn96qgwgalpflqjvxxmvlwmu8529 Merit earned in the last 120 days: 99
|
|
|
It's weird that you didn't read the sticky thread here in this section as a newbie you should read them because all newbies needs are already on sticky threads sample this thread " Newbies - Read before posting". I have question is your purpose why are you here? Why you are confused? It would be better if you could tell us why you are confused and about everything that you like to know. If it's all about the forum then the link I provided above should be the right thread for you.
|
|
|
I have experience with these tactics by scammers that I thought it came from official telegram. I received a notification from a telegram group(fake) that I thought it was official but after asking a few questions about the coins that I mined the weird thing that I noticed is they said they are migrating to the Solana blockchain old coins will no longer be usable after migration and they asked to send my backup seed or backup wallet to migrate my coins to a new blockchain.
After reading that message from him that I thought official support in their telegram I did much research until I found out it was a fake telegram group I just went to the real website and I clicked the telegram group it redirected me to the original telegram group and I ask about the migration but they said there was no migration and the telegram group that I access recently is fake. I was lucky I didn't fall into their trap I tried to search for the fake telegram group but, weirdly, I can't able to find it anymore However, on my dummy telegram account I can still access them it's weird they do have the same username when I search it.
|
|
|
I was a victim of this trick through an airdrop I applied for. Since my wallet was hacked it has made me deploy a strategy that anytime I'm applying for any airdrop I should use a separate wallet entirely, and I stopped applying for any airdrop that we required me to connect to their website and pay a little fee to claim my airdrop.
That's a common case and also there is another case in which you can receive an airdrop directly to your wallet without connecting the wallet they randomly send airdrops to all of their victims. Once you receive this token in your wallet like other newbies they eagerly look for a way to exchange or swap but they don't know that's a trick to push you to an unknown website with some script to steal all your funds from Metamask. It happens to me but I'm lucky that I only have a small amount of BNB. The value of the token is the reason why I was attracted to swap it but it ended up the value is fake.
|
|
|
Usually, it's due to price spikes your stop loss might be triggered at the worse price during these sudden price drops. Or it might be due to the "Bid-ask Spread" If you want to know about it Binance has a good explanation about this below. - https://www.binance.com/en-NG/feed/post/588182
|
|
|
That's too risky to invest in cloud mining or flexible savings offers from exchanges like Binance. And about new tokens with 100% APR the price of that token could drop quickly so instead you making a profit it turns to a negative profit due huge price drop of that token.
I had bad experiences investing most of them were cloud mining All my investments never returned and most of them were scams except investing my money in hardware miners It made me profit before I stopped mining due to high electricity costs and profit drop.
|
|
|
Since Windows 11 is pretty new I never heard of someone yet running Compac F successfully with this OS but would you mind to try all possible solutions from Kano? Check the troubleshooting guide here https://kano.is/gekko.php#trfIf still does not work then try to switch to Linux OS.
|
|
|
What's the purpose of using that tool? It is not a tool to generate or create a wallet read this below if what it is used for. Javascript cryptography implementation. Crush to remove comments, shorten variable names, and generally reduce transmission size. About the backup wallet that your friend created for you it might be a Schildbach wallet backup there is a tool to decrypt the wallet on their GitHub documentation. Check the link below for the guide - https://github.com/bitcoin-wallet/bitcoin-wallet/blob/main/wallet/README.recover.md
|
|
|
What I struggle with is understanding how close a block is to completion ?
So what I think you mean is that you want to see the progress during solving a block?. On the Ckpool solo, I do not see or any indicator that determines how close a miner is to solving a block. Maybe other mining pools have an indicator where you can monitor the progress while solving a block. Actually, if you are mining solo in ckpool you don't need to worry about solving the block because what you need to do to get rewarded is to find a block. Please read the solo ckpool page.
|
|
|
By the look of your answer, it is not ok when the miner has a 42% hardware error rate? I don't understand the answer from the owner of Bitcoin Merch then.
For me, it is not ok if the miner reaches almost 50% of the hardware error but this issue can be solved and according to your hashrate for me, it looks fine. Sometimes this issue comes up on the first run and the miner needs to be warmed up first to get rid of this issue. So I suggest try to reboot the miner after warmup and now monitor the hardware error. If the issue is still there then downclock the miner.
|
|
|
I think the hardware errors came from overheating did you overclocked the miner?
Maybe the power supply is not giving enough power you might need to replace it. Or I suggest try to downclock your miner and let's see if it could reduce the hardware errors.
|
|
|
I've used cgminer a long time ago for that purpose but now I think everything has been changed. So I need a working example in order to achieve my goal.
Why not share your thoughts here what exactly do you want to achieve? We can maybe give you some idea of what you want to achieve. I don't know if GPU/CPU still works on mining BTC but why not buy a USB stick miner Compact F or 2pac for your project? If you are interested check this thread below - https://bitcointalk.org/index.php?topic=1764803.0
|
|
|
If you can access the miner you should be able to check if the miner is working or not and to check if it's actually mining you can keep an eye on the reported hashrate in the pool. To mine on the same block when mining solo you should point all your miners on the same account. Sample you are mining solo in solo.ckpool.org when configuring your all miners you should use the same account. Pool: stratum+tcp://solo.ckpool.org:3333 User: Your-BTC-Address.0 Pass: x
|
|
|
Isn't worth the wait - ok, I'm convinced. Guess I myself got clogged worrying about dozens of UTXO with a small fund. Actually I use the Bitcoin Fee Calculator you mentioned, it's great.
The Bitcoin fee Calculator from Coinb.in is not as good as the mempool.space suggested fee and as you can see on the tool under outputs there is no Segwit. If I were you follow the suggested fee from mempool.space if you don't want a stuck transaction. The fee calculator from Coinb.in is not as accurate as mempool.space.
|
|
|
Ledger wallet is a closed source so we do not know what the codes inside.
It would be safer if you create a wallet offline/cold wallet compared to using a ready-to-use hardware wallet like Ledger. In terms of security, why would you trust other software/hardware than yourself to protect your wallet?
If you want to secure a wallet don't ever use a hardware wallet unless it's open source and proven secured but for me, I stay using offline/cold wallet. The only advantage of using a hardware wallet like Ledger is the ease of use because it supports altcoins and tokens.
I guess that the man who posted the seed phrase publicly is now switching to a Trezor wallet. Weird the seeds from the image looks like a song.
|
|
|
|