I have just checked and I cannot find a transaction ID anywhere. I have also checked the qallet address and it is correct  If you share your _public_ key of your hardware wallet, someone can check on blockchain.info that there's a pending transaction or not (or you can do that yourself too, just copy your public key to the search bar of blockchain.info). Usually transactions sent with a low fee are pendig for days and after they are deleted from the mempool (the place where the transactions are gathering and waiting to be confirmed, the miners are selecting the tranactions with the highest fees, so a transaction with a low fee are usually at the bottom of the mempool) If you can find anything about your transaction, you can check the fee too. If you can somehow provide a bit more information, someone will help to find out what had happened, that's for sure |
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There is also credit card for cash out. For example one of them is monaco card.
Does Monaco started already? I mean shipping out cards, because according to their thread they're still struggling https://bitcointalk.org/index.php?topic=1926269.6100Depends on the physical location (in US, in EU, etc..) there are some working cards, eg. for EU there's XAPO, but they give you little limit without KYC and AML authentication. |
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My recommendation is the TREZOR (original, not necessarily the TREZOR T). I've been using it since the start of the year and their updates, security features and customer support have been consistently excellent. The Ledger Nano S is quite popular among crypto users as well. What happens if the device craps out? Do you back it up on your laptop or another hardware device?
You are given a seed. This is a collection of English words which are used to generate your private keys (in the TREZOR's case, 24 words). You should write down the seed in multiple safe locations (and never expose it to the Internet). If your device breaks, you can export your wallet into a wallet which supports that type of seed. There are several wallets which support TREZOR's seed, such as Electrum. You can also use a recovery process to use the seed in a new TREZOR if you decide to replace the device. Do not expose your seed to the internet -> never ever take a backup photo of your hand written seed... If you want to be really safe and create a backup buy two trezor (or any other hardware wallet, from the same type) and when you have set up the first device, use the seed to set up the second device with the same seed, and put it into a safe place. Store your hardware wallets in different locations and store your seed also in different location. You can even cut your seed into half and give it to two different people in a closed envelope, the two people should not know each other (preferably)... |
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As somebody who has read Benjamin Graham's (his professor) books I totally understand the point he comes from.
Bitcoin has a price, but it has no value.
It ins't irreplaceable, it isn't unique, it has no assets, just the consensus around its price which can change any day.
I really wonder how people can truly disagree with the fact that Bitcoin has no "value". Value is an intrinsic property of something. Stocks represent a portion of a business, assets, cash flow, market share, real estate, patents, ecc. Currencies do not represent any of that, not just crypto currencies.
Are shares issued by a company unique? Are they irreplaceable? If not do they have value? Many people see value in things that aren't recognized globally, but traded in small communities, groups of enthusiasts. And those groups can make these things worth a lot of money. For instance stamps, postcards, the market of collectible is more vast than that of cryptocurrencies. What i'm trying to say is that it's not the issuer that makes the item valuable, it's the collector, the buyer, the trader, in other words the community. Well, the problem is, that the majority of the people just smile when you talk about someone who collects postcards, stapms, old coins, etc... becuase they are only a small group of people and they don't know exact things about that. It doesn't matter if they can make profit at the end buying cheap stamps and selling it for higher price next weekend in the club, because it's not in the mainstream media, it's not in the people's mind. This is really similar to bitcoin, where now it's only a few group of people who 'collects' bitcoin and trades it (but not in clubs but on exchanges, and not locally but worldwide). The difference is that bitcoin have the chance to go mainstream, so in that case all of the people will be aware about the price and the value, but I don't know if it's the near future or not. |
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Investors like the progress of bitcoin. They are willing to invest in crypto world more than any others in last few months. Professional surveys are made to find out the real thoughts about bitcoin. An interesting finding is 62% of the institutional investors are very much willing to invest in bitcoin. It can make more profit than risking money in business or banks . it also helps people to save energy. i think it is a good opportunity for aged people who have health issues and can't go out for works.
They are very much willing but won't invest in the near future... Or, they will invest in bitcoin related companies, because it's easier to handle... Even for the biggest institutional investors, the rules are really strict, they just can't invest all of their funds in risky instruments... Also, they need some legal background, and bitcoin is out of law at the moment in most of the countries. |
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Bitcoins are safe.. no need to worry about that..but are you safe?
Is your phone safe?
Bitcoins cant be hacked but your phone can be hacked and the hacker can get access to your wallet..
If you don't want to invest just $10 or $20 but more, you should get a hardware wallet (or a paper wallet, if you only want to accumulate and don't want to spend). Problem with paper wallet is that you have to have a virus and malware free PC when you want to move your coins in the future, which is not impossible, but a hassle. If you choose hardware wallet, it costs money but you can use it 100% safe on a PC full of viruses and malware... |
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It seems that there have been a lot of people complaining about Bitfinex. It seems that Bitfinex has been using Theters to pump Bitcoin price. Now a lot of people is shouting this might be the next MTGOX.
What is your opinion on this one?
These days we need to worry everything, since these people are doing some bad things and I seen about Bittrex in the past not it is time to Bitfinex. I am not a member, but these all trading platforms look same things. They are generating reputation in the beginning and later doing same things because they are seeing lot of funds from investors. What's the problem with Bittrex? Does it also involved in the tether gate? I'm just a bit worried that if a lot of people cry wolf (Bitfinex will crash in the near future) it will make itself true, because people will start to ignore the exhange and this precaution will cause the real problem... So as I don't have the information, I'm just worrying because we don't need another MtGox... I don't want to see bitcoin in the news because of this, we should go towards to mass adoption, which needs positive news. |
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... Ledger supports many altcoins but you can install only 3 coin apps at the same time. It's because of limited space on the secure element...
What apps do you have installed? I can usually have 5 Apps installed... Currently (because I've been mucking around testing stuff) I have Bitcoin, Dash, Dogecoin, Ethereum and Litecoin... I did have Bitcoin, Bitcoin Cash, Bitcoin Gold, Dogecoin and Litecoin installed... Also, it really isn't THAT much of a bother to fire up the manager, uninstall an app and install the app you are missing... unless you are trying to use more than 5 currencies at once, multiple times a day  How did you manage to install 5 coins on your Nano S? I have Bitcoin, Dogecoin, Ethereum and that's all. Have you deleted the Fido 2FA app? I don't know if it's possible or not but I just can't imagine any other way to free up some space on the device... But yes, it's not a big deal to change the Dogecoin app to Dash in 30 seconds, if those coins are needed |
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Not or. Both  Trezor for non-spending purposes, just to store safely (or a paper wallet, but when it comes about transfering, you just connect the trezor and send a transaction, but with a paper wallet it's more a hassle). Ledger Nano S is for everyday purposes, sending receiving, and the Nano S supports more altcoins, also direct altcoin exchange via the EtherDelta, which is not an exchange but does the same, the main difference is that you don't have to send your coins to an exchange and have it (and risk it) on, but you just connect your Nano S and you can trade peer to peer. |
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Use Coinpayments.net instead, you could directly convert your cryptocurrencies, debit cards were using payment processors, you think debit cards for crypto were using Bitcoin directly? all of them converted your Bitcoins by using payment processors.
If you ask them for a reason, they'd tell you that any body living outside of EU is a terrorist. full stop lol.
I have checked this coinpayments.net website, but it doesn't provide physical debit card (or I have missed something). The idea is OK what they want, but this doesn't help me if I want to go to the local grocery shop where they accept cash and credit/debit card and nothing else, so this can be a solution in the future but not now. I know that physical bitcoin linked debit card providers uses huge fees (or bad exchange rate), but I can use the card as a normal credit/debit card, even the cashier at the shop won't notice that my card is bitcoin linked or not. |
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Hi to all! I have an online shop to sell some kind of products that are subjected to control in certain countries. Although are legal in most of the countries we are experimenting troubles to find a card payments processor. That’s why I’m looking for a method to offer payments to my customers using credits cards but without a bank, PayPal or another sites like these. Maybe it’s a little bit overthinking but what would be great is an online service to let the users pay with card and the business receive the amount in a bitcoin address. Any help would be appreciated, thanks!!  Credit cards are issued by card companies (VISA, MasterCard, AMEX, etc...) but those card companies doesn't do the administration part and doesn't check the balances of the bank account connected to the card... They only provide the link between the individual card holder and the bank account in the person's bank. So you can't skip the payment processor in the whole process, because somehow you need to make sure that the card you accept (the bank account linked to it) has the decent amount of money you want to receive if you sell something. You should think somehow different, leave the whole credit card out from the equity, but in that case you lose a lot of customers, becuase most of the people use credit cards nowdays and nothing else... |
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Planning also to buy one in the next few days. Just wondering if I can change Bitcoin adddess and generate new private key with that hardware wallet? What if I loss it? What if you lose that Nano? Nothing special, you'll buy another one for $70 and restore the new one with your seed. If you want, you can have a few, and you can put it into safe places, but what you really need is to protect your seed. You will quickly adopt to it, it's easy to use it, it's not like brain surgery You don't need a PC even, if you have an Android phone with mycelium, just be sure that you use the legacy bitcoin wallet if you want to use mycelium, because the app doesn't see the segwit wallet of the Nano |
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If I read it right, this is just a new feature for the ATM, and it's only for buying bitcoin and not selling (you can't cash out your bitcoins).
Well, if you use a traditional ATM upgraded with this feature, you will be identified immediately, because the ATM will record your card nr. and that will be linked to the printed pubilc and private key, and after you will be traceable (there's no need for ID cards and so on).
It will make buying bitcoin definitely easier, so I hope it will spread fast...
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How do you make your Blockchain.info accounts fully secure if you want to do a long-term investment in BTC?
Possible risks I think that could happen:
1. Big hack and you lose your coins. E.g, Mt.gox a few years ago.
2. Government seizure and you lose your coins. E.g, BTC-e a few months ago.
3. Small hack and you lose your coins. E.g, someone somehow hacks your wallet.
There may be other risks too that I can't think of right now.
So, how do you guys make absolutely sure that your coins are 100% safe?
Would love to know the steps you take to guarantee your coins' safety - esp if you have Blockchain.info wallet.
Thanks!
If you think about long term investment (meaning that you only want to add some bitcoins to your wallet and don't want to cash out or use it) you can print a paper wallet and put it into some safe places (your house, bank safe, parent's house) in a closed envelope and you'll be fine for some time. If you want to use it, and you plan to invest higher amount (above 0,5 BTC or more) you will defenately need a hardware wallet, because the price of the hardware wallet and the security they provide is the best value for the money. But this hardware wallet is only needed if you really want to use all your BTCs, not just a little part of the investment. Also you should not have all your eggs in the same basket, so store a part of your investment in the Blockchain.info wallet but move some of your funds to elswhere also. If you read thru the forum, you'll find really interesting ideas and solutions in connection with security. |
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After seeing what bitcoin has passed through especially recently and still rebounds and rise even higher. I am now forced to wonder, what on earth would bring the price of bitcoin down and keep it there. What do you think will do this?
For me, if you want to keep Bitcoin price at the bottom is you need to kill all the internet all over the world. And also try taking out the power, if you can. Don't be so sure... if your government bans bitcoin from a day to another, and wants to send you to jail if you transact or just own bitocin, would you risk it? I know that some of the people would risk it, but not all of the people who owns bitcoin now. So if eg. half of the current bitcoin owners will be forced to quit bitcoin, it would affect the price heavily. So as long as we're not disturbing governments and banks too much, this is a good situation, but as bitcoin grows, there will be a point where we need to prepare for regulations. (which has already started, exchanges KYC, AML, etc...) |
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Thanks guys, I understand. It's not easy and anything can happen. My idea was based on there is many small ups and downs a day but not many huge ups and downs relatively.
You can't be sure about the strenght of a starting trend... You don't have the information (if you do, you won't ask this), about what moves the price behind the scenes. Some news don't affect the price but some major things can move the price really much (e.g. if Amazon will ever implement bitcoin as a payment method, that would cause huge raise in price or the opposite, if US or EU ban bitcoin that will cause huge drop). You can only read the news, if you trade the news you just follow the market... |
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If I want to buy a boat with bitcoin and the seller does not want to receive bitcoin that is a problem especially when you have to look all over to find the thing you want and then they do not accept bitcoin.Is there a service that will accept the bitcoin and then pay to the seller the amount in USD??
Anyone?
Try XAPO, or, if you are based in the US, try some USD debit card linked to bitcoin wallet. My XAPO card is linked to my XAPO wallet and I can pay with it in shops, gas stations, etc. without any hassle, the shop won't even notice that the card is not a normal everyday card (Just don't ask me about the exhange rate, because it's not user friendly, but at least they exhange on the fly (or they state it...)). You can find some prepaid type of bitcoin debit cards as well. Also, you can withdraw cash from normal everyday ATM with the card too. The only drawback is that you have to go through the AML and/or KYC processes nowdays in more and more exchanges/card issuers, so if you want to keep your anonimity, this is not your solution. |
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I heard that they may attacl btc again when the adjustment in difficulty will happen. It may hurt bitcoin in short time but in long run it is not that big of a deal.
According to fork.lol the difficulty adjustment system of BCH has already changed from the EDA to continously adjusting based on the average, so it could be good for BCH, but I don't know if the price would still fall this change in the adjustment process can make any difference or not. This is not an explicit attack, I will be curious what will be the outcome of this change in connection with the profitability of the mining on different chains. |
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It is scam written all over it and i cannot understand why people would use these kind of shady services to hold their tokens when they have tons of legitimate wallets in the market,if people want to take a chance with these wallets they will have to pay the price for taking the risk,as simple as that.
People wont learn from the mistakes of the past and this is really pathetic just feeding the scammers just like that.
People are not on the same educational level in connection with bitcoin. Someone, who have already educated himself about bitcoin would not give out the private key to a bitcoin gold wallet if they still have their bitcoin in their normal bitcoin wallet... Imagine that someone has just heard from a friend that it's time to buy bitcoin because there will be a fork and after they will get another pile of coins. Maybe that was their first bitcoin in life and haven't heard about replay protection at all. And they have just claimed the gold and lost the bitcoin as well. We need to spread the knowledge about bitcoin to prevent these kind of problems, but I feel sorry about these people now... |
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What is the real point of creating a national cryptocurrency? If they want to digitalize the payment system, credit and debit cards are here, they are fully digital, so that should not be the reason. A reason I can think about is they want to get rid of the card issuer companies (VISA, MasterCard) becasue of their fee. In this case they need to build a system that's minimum as reliable as the credit card companies' system. VISA and MasterCard develop, maintain their system from the fees (OK, they have also huge profit, but anyway, they have the funds to do the maintenance and improvements). If a goverment sets up a system to handle the national crypto, who will pay the fees of the development and the maintenance? I bet, the people, via the taxes... Digital and traceable money is already available with the credit/debit cards, so I don't really get the point of the national digital cash, but we'll see...
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