nah, people are just going to forget about this one like they have forgotten about all his previous predictions about bitcoin. this one at least has some positivity about it. so far he has been predicting bitcoin to fall down to 0, with this he seems like he has given up on thinking 0 is possible

i find it interesting how the meaning of certain things have changed throughout the years. for example "faucet" has never meant to be a way to "earn" bitcoin! it was a way to quickly acquire some coins with no effort so that you could test this new phenomenon called bitcoin. this was a real "faucet".
then it turned into a way for people to "farm" them and earn bitcoin and for the creators to display a ton of ads and make money (in this case fiat, absurd isn't it?) from them.

there are other things that have changed their meaning. for example "airdrops" used to be like faucets where people could simply ask and receive a certain amount of the "new coin" so that they could try it out and see if it is worth the effort. nowadays it has turned into a job where people have to advertise for that coin and get paid in that coin, where the whole process is called "airdrop"!

it is normal in the sense that the behavior looks exactly like any big service such as exchanges have. the blocks themselves don't have that many high value transactions, it is just that they are happening more in 1-2 days that they aggregate to a big total showing that spike.
otherwise these big transactions individually and the blocks containing them individually are normal.
for example there are lots of transactions like this:
https://blockchair.com/bitcoin/transaction/9974eecdc0842ede6198ef1b478eeddb76ac57b2b0d9193293d18074061bd012
which have lots of inputs from multiple other addresses similar to the receiving that are consolidating a lot of received coins.
when you move back you eventually find chains like this:
https://www.blockchain.com/btc/address/177JRHB2LD24HT5PUeW4FBvqvWTqoQ9TLU
https://www.blockchain.com/btc/address/1Fz3qgsCVajnU1X48MMruptxR3YYL6FDhM
https://www.blockchain.com/btc/address/3MiQnHMKTdAG2k1QnB1mEs8hTsCxxb8pFw
and the final one is being aggregated with other similar ones and goes in:
https://www.blockchain.com/btc/address/3NXSNhqwnbBYohf9vxWHUfJAjCGWAGvs1X (7,825)
and it repeats again:
https://www.blockchain.com/btc/address/3C4qdvjFMDtddUHnWhHHFbt5SayhWHLkWu
https://www.blockchain.com/btc/address/32Sk8FS239ufaqS23zxrpzr9QofbZMHd1g
https://www.blockchain.com/btc/address/3AQ4kUjQaDjCjmDh2ojKEHjUKTSi52UUqD (most active during that period)

don't believe the stats that these companies that are doing "blockchain analysis" release. they exaggerate things and most of the times they release fake numbers that don't even make sense.

can you really prove they were "stolen"?
lets say a transaction goes out of your wallet spending all your funds. can you prove that it was a hacker that stole it or was it you who sold those coins and now want to scam the other party by calling it a hack?
you see the problem here?

it may be a Server limitation thing. if i am not mistaken, some of them have limited their database to only cover transactions back to a certain year. so for example if you have a transaction in 2009 (the case with Hal's address) these servers won't have it indexed so they don't return it.
that works in 99.99% of the cases so nobody would ever notice it.

in what world is a bitcoin public key a 16-character string? even if you encode it with smallest encodings used in bitcoin you wouldn't make it to 16 characters. even encoding the RIPEMD160 hash of the SHA256 hash of the public key is going to give you 20 bytes that would encode to 26 characters minimum

NIST standards are not for the "entire" world and the entire world has never been using their standards anyways. for example SHA256 is theirs, other countries sometimes have their own standards which they use. SM3 is the Chinese equivalent of SHA256. Streebog is the Russian equivalent.

bitcoin dominance is not growing. it has always been high and above 95%
what is growing is the ratio that bitcoin's market cap has compared to the sum of 3000+ altcoins and tokens market capitalization. and there simply are two reasons for it: death of about 1000 of those altcoins and hard dump of  the rest.

the only impact this has is that it wakes up a lot of newbies who thought just because an altcoin has a huge market capitalization it must be a good investment. but the 90% loss over a year is making them face the reality now.

the same way you make money with USD, JPY, CNY, ....

what did you expect? to become a millionaire by investing a small amount like $1?
it is the same in any other market. if you enter stock trading with a small amount you won't make enough to make it worth the time!

lol.
again you seem to have unrealistic expectations from the market! in this case the sell price can not be higher than buy price because it doesn't even make sense! the sell orders which indicate the price you sell at are others who are placing their order at that price. if they wanted to place a sell order higher than buy order price then they fill one of the buy orders and there would never be a sell order placed in first place.

trading is a hard thing, it is not just for bitcoin but generally trading in any market is hard. trading in these altcoin exchanges (trading altcoins) is even harder because altcoins are manipulated. it is not about "wealth" it is about having experience and then investing what you can afford to lose.

people like him (stock brokers) tend to put their opinions out there so that if by any chance they came true, they could milk it later on and make up a reputation for themselves and make a ton of money from it. stock brokers don't invest themselves, they are like leaches that need a host to such dry while not risking anything themselves.

this dude did the same exact thin for 2008 financial crisis. he "puts his opinion" out there and milks it later with "i predicted it long before others". but when you look past the bullshit you see all those who invested with him lost up to 70% of their money in 2008! why? because he was full of it

this is a good gamble too. if bitcoin takes a couple of years to reach it, then he wins and can use the "i told you so" technique. and if price reaches $100k in a year from now, he is just another idiot lost among hundreds of idiots who made such claims.

this topic may not be appropriate in the beginners and help board. the warning part is OK but the walk-through followup doesn't belong here. it is best be posted in project development board since the only usage i can think of for this is mostly for developers trying to test things and don't need trust or security.

or you could just open that txt dumped file and write down your seed (not to be confused with mnemonic).
i don't currently have access to any bitcoin core version to test this but i had version 0.13 on my virtual box and it actually printed an extended key (xprv) in the first line.
(obviously that will only work if you are using an HD wallet not have imported keys,...)

extended keys don't exactly have the path itself. they have 2 things, 1 byte indicating the depth and 4 bytes indicating the index of that child. so for example if you had this:
all you could tell from the path is the following: m/X/X/X/2 where X are the values you don't know. all we can tell is that it is from "depth" 4 and the index is 2.

as for the starting string, you are correct. i wasn't thinking about the 4 version bytes at the start. it could work as long as wallets do use it.

as far as speculating about Satoshi's identity goes, i think there is a very good chance that he was not at all Japanese. he might have been a fan of anime or something that led him to choose that name. but one thing is certain, using English perfectly is not enough evidence for nationality of someone. only the opposite could have been true. meaning if he sucked at English we could say he is not native English speaker

well if you compare bitcoin with a TV show then of course it seems trivial. but the problem is that when you stream a video you aren't validating the frames of the show! so your CPU doesn't do anything. it just receives and displays.
with bitcoin you have to receive and validate which means pressure on CPU and RAM to look up previous transactions in UTXO set and validate using EC calculations that are costly.

in short there is a cost to increasing the blocksize and the cost is not just hard disk or bandwidth related, it is also CPU and RAM related.
and the trick is to keep the cost manageable by majority. if you want to argue about this last part, that would be a different discussion but don't say there is no cost but storage and bandwidth.

not exactly "normal", it is still a big spike in the amount transferred compares to previous days and what has been going on during the month. but at the same time it is not that rare either since we have had days that we had similar spikes due to a lot of activities. they can also be price related and the recent dip below the major support line could be it.

the reason for that jump was because it was a correction not a rise. when price was pushed down below $6k it became unstable even though it lasted a while and at the time it didn't seem like it. that is why i have been calling it a reverse bubble. as it pops, just like a regular bubble,  the reversal is fast and big because money is running in just like bubbles where it is running out.

the "deal" is that there is nothing new about this. a ton of money has always been transferred using bitcoin for a long time.

for example from time to time when the fees come back down, exchanges and services start consolidating some of their UTXOs, usually back to cold storage. there is nothing odd about it apart from the fact that they usually do it in weekends and we are nearly mid week now.
you can see these transactions here:
blocks: https://blockchair.com/bitcoin/blocks?q=time(2019-08-19..)&s=output_total(desc)#
transactions: https://blockchair.com/bitcoin/transactions?q=time(2019-08-19..)&s=output_total(desc)#

taking a couple of steps back and becoming mostly stable with some sideways movements is not a bullish bearish move. it is more like a transitional phase between two bull runs that starts with the correction right after the previous one and lasts for a while before it starts going back up again.

the Bakkt news didn't do anything to the market either as we can see now. it was yet another small news that came out and the trend remains unchanged still in sideways mode between $10k and $13k.

the funny thing is that most of these altcoins are exact copies of bitcoin and they all inherit the fee problems of it but also since they have made changes they have made the problems even worse. for example ethereum network went down multiple times in 2017 that exchanges had to disable deposit/withdrawas for weeks each time. not to mention that fees went higher than bitcoin fees.
https://www.newsbtc.com/2017/06/21/ethereum-network-congested-exchanges-forced-disable-eth-wallets/

50x (or 5000%) higher fee is not a "bit exaggerated" it is wildly overpaying fees.

this is what the site is suggesting:


this is the block that was mined with this "suggestion:
https://www.blockchain.com/btc/block/0000000000000000000fcbab21457c82baeca3df2f7fc7f63c9c7c18f3a0d5e4?advanced=true
if you scroll to the bottom skipping the overpaying transactions you can see that about 20% of the transactions are paying 1 satoshi/byte and more than half are paying less than 20 s/b which makes 50 s/b a crazy fee to pay because it would put it among ~5% of the transactions in that block that are paying extremely high fees!


in fact i dare say this site and other broken tools like it are one of the main reasons for these high fees.