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1281  Bitcoin / Bitcoin Technical Support / Re: Made two transactions stuck...Is there any thing i can do to help on: August 17, 2017, 04:51:05 PM
Yeah... your first transaction has 0 fee... so that's not likely to go anywhere fast... and the 2nd one spends the output from the first... so that cannot confirm until the first one does Undecided

What wallet did you use to send these? You need to make sure your wallet is not rebroadcasting them and wait for the transactions to drop from the mempool (could take up to 14 days if no one rebroadcasts them)... then you should be able to spend the coins again.

WOW, I haven't heard about it before. So waitong for 2 weeks and all my unconfirmed transactions will be aborted and all the money can be reused again? Shocked

It could take 2 weeks. It could take 3 days.  It could also take much longer since anyone can rebroadcast a transaction at any time.  You shouldn't count on the two weeks which is probably why you hadn't heard that before.  ;-)
1282  Bitcoin / Development & Technical Discussion / Re: well....i have a some bad news...and i need contact bitcoin developer. on: August 17, 2017, 01:24:34 PM
The fact that he hasn't come back should say something.  Almost assuredly FUD.
1283  Bitcoin / Bitcoin Technical Support / Re: Reinstalled bitcoin core, wallet still encrypted, now with zero balance? on: August 16, 2017, 10:06:05 PM
Hello!

When I first started playing with bitcoin, I set up a bitcoin core wallet with a ten word passphrase. I sent funds to the wallet, and then I couldn't get it out. Passphrase lost. I reinstalled bitcoin core to start over again. (dumb move on my part) Now there is a zero balance, but the new wallet is still encrypted. I'm guessing with the original wallet's passphrase. (I'm on a mac) That bitcoin is gone for good, right? There's no reason to try and unlock the passphrase it if it has a zero balance?

If you can figure out the pass phrase for the wallet, you will be able to recover the coins.  So you should try to remember everything you can about it.

Even though it shows a zero balance?

Since Bitcoin Core can't access the wallet (and you reinstalled it) it does know what keys are in there so it can't compute the balance so it shows zero. (If you know any of the addresses you can check the balance using a different web site.). If you can access the wallet it can then rescan and recalculate the balance. 



1284  Bitcoin / Bitcoin Technical Support / Re: Reinstalled bitcoin core, wallet still encrypted, now with zero balance? on: August 16, 2017, 09:55:33 PM
Hello!

When I first started playing with bitcoin, I set up a bitcoin core wallet with a ten word passphrase. I sent funds to the wallet, and then I couldn't get it out. Passphrase lost. I reinstalled bitcoin core to start over again. (dumb move on my part) Now there is a zero balance, but the new wallet is still encrypted. I'm guessing with the original wallet's passphrase. (I'm on a mac) That bitcoin is gone for good, right? There's no reason to try and unlock the passphrase it if it has a zero balance?

If you can figure out the pass phrase for the wallet, you will be able to recover the coins.  So you should try to remember everything you can about it.
1285  Economy / Speculation / Re: Is it wise to invest 1k into Bitcoin at this point? on: August 16, 2017, 07:44:45 PM
What is your input?

I've seen people asking that (not necessarily that amount) since 2010 and the answer is that no one knows, but if you believe in the transformative ability of bitcoin, that should give you a good idea.
1286  Bitcoin / Electrum / Re: Electrum Wallet Worries on: August 16, 2017, 07:43:11 PM
Greetings,

I have an Electrum wallet. I find it extremely easy to use. I was told recently that its a "third-party" wallet. Being a third-party wallet it isn't safe, and that
the owner of the program can take control of the wallet/system at any time.

My question is IF its true is there a way to generate control of the electrum wallet, if no, then what is the probability of this happening???

Please share your thought/experiences/expertise, I truly would appreciate it!!! I hope to hear from you soon!

Respectfully submitted,

Danny gave a great answer.

I would also add that if you are storing a lot of value (whatever that may mean to you) and are really concerned, you could use it on a computer that you never put online after your initial setup.   Then it would be much more difficult for it to take control of your coins - even assuming that such an unlikely event came to pass.



1287  Bitcoin / Bitcoin Technical Support / Re: Bitcoin core and abc btc wallet transaction problem on: August 16, 2017, 01:23:56 PM
Do you have a transaction id? 

It sounds like you installed both Bitcoin Core and Bitcoin ABC in the same user space.  Is that accurate?
1288  Bitcoin / Press / Re: [2017-08-15] Bitcoin Price Hits at $4,419, Stock Researcher Forecasts $7,500 on: August 15, 2017, 11:47:42 PM
I don't think I have ever experienced a period of time where the bullish sentiment has been higher than what we have been experiencing lately. I of course hope that we'll be reaching +$7000 levels before this year ends, but I think it would be a healthy situation for the market to consolidate first. I know a lot people would like this to happen, but everyone should realize that nothing only goes up in value -- we need corrections to reach new record highs.

I think many people have realized that bitcoin is here to stay, one way or another.  Getting the blessing of Goldman for example helps.  Previously there were some who felt that way, but many who panicked first and sold quickly because they thought the end was here.  Now there are still plenty who panic, but there are many more than previously who say "buying opportunity" - like today with the dip to the 3900s.

The larger the population that sees the potential, the more we'll have shorter panics. In theory.

1289  Bitcoin / Development & Technical Discussion / Re: How to programmatically generate a list of addresses and private keys on: August 15, 2017, 05:40:27 PM
I need to programmatically generate a bunch of bitcoin addresses and the private keys to them. Later on I am going to fund them with bitcoin.

What are some APIs or libraries I can use to perform this task? I've looked on google but I can't seem to find something that can do this cleanly/easily.

Have you read about HD keys?

e.g.
https://en.bitcoin.it/wiki/Deterministic_wallet
https://en.bitcoin.it/wiki/Deterministic_wallet_tools
1290  Bitcoin / Bitcoin Discussion / Re: How to make locked paper wallets that unlock when btc rises above X price? on: August 15, 2017, 04:45:23 PM
Seems somewhat complicated and insecure to do since it would require a web site somewhere and an interface to an API that could get prices and the private keys stored somewhere so that they could automatically unlock.

Perhaps the easiest thing to do might be to find a big law firm and hire them as trustee and set up a trust with your terms.  Give them a sealed envelope with your private keys. Ask them to store it in their vault.  Then tell them not to return the envelope until the average bitcoin price on the largest X (5? 10?) exchanges at any time is above $Y.   Perhaps use the "closing" price since some exchanges offer that.

It might cost something unless you have a pre-existing relationship with the firm, but you could probably set up an alert that would automatically email the attorney/assistant/law firm general email address when the price was above $Y so they could check it and see if it met the criteria.  

Or you could just put them in a safe deposit box and go there and retrieve the appropriate one yourself.  

Of course with segwit, smart contracts and some type of distributed oracle it might be doable, but it would not be trivial.

1291  Bitcoin / Development & Technical Discussion / Re: Is there such a thing as double segwit? on: August 14, 2017, 10:45:51 PM
Is there such a thing as double segwit

Would that be desegregated witness?

Seriously, can you explain what you are asking in more detail?  Segwit vs Segwit2x?  Something else?
1292  Bitcoin / Press / Re: [2017-08-13] Bitcoin Soars Past $4,000 in Weekend Trading on: August 14, 2017, 05:13:51 PM
...
On the other hand, it's quite funny that quite some times at the end of an article, the writer points out to the risk and a forming bubble ~ they have been talking about a bubble since the price reached the $1000 mark.
...

And "they" have said "bubble," "Ponzi," and "tulips" at least since it was well under $1/bitcoin.  When it hit $0.25 and $1 it was a bubble and unsustainable.  Ditto at $3, $10, $35, $100, $300, $900, $1200, etc. 

1293  Bitcoin / Bitcoin Technical Support / Re: factory reset wiped my files dont have private key? on: August 14, 2017, 04:50:35 PM
wanted to give an update as to what I did so that if anyone in future that has this kind of problem can take this route.  I made an image of the hard drive and tried many different things which were suggested on this forum none of them worked for me.  I sent my hard drive the original into a company called secure data recovery they are located in Ohio I believe.  They ran a free diagnostics test on my hard drive and gave me a quote of a little under $2000.  I pre authorized the charge via a credit card.  They gave me a 5-11 business day window to complete the raw recovery.  On completion they charged my card and sent me my request file "wallet.dat" via a dropbox.  This worked great and must say they did an awesome job highly recommend this company! 

Great. 

Now make sure that you move the coins from whatever address(es) in that wallet.dat file into a newly created wallet (to ensure that you don't use an older pre-generated address in the old one) so that if there is a copy of that wallet.dat anywhere else, your coins are safe.

Something like Electrum or Bitcoin Core's HD wallet functionality are useful.
1294  Bitcoin / Press / Re: [2018-08-14] BTC Above $4,000: Boosted by Japan and Turmoil on: August 14, 2017, 04:47:26 PM
We should not also forget that it is China where a big percentage of miners are. Developments in this region would have big impact on Bitcoin in the coming months and years.

China has always been a major part of the Bitcoin economy, no one can deny that. However, with how things have been developing in terms of trading, it's safe to say that China shrinked down massively after the PBOC stepping in and ruining their fake volume party. China is no longer the central point of Bitcoin's popularity in Asia. Japan and South Korea are doing a pretty decent job in pushing the overall demand for Bitcoin to record highs. Look at South Korean exchange Bithumb for example, by total volume, they are the second largest exchange in the world, while most of the people here likely haven't even heard of this exchange. It makes all other major Bitcoin exchanges (i.e Kraken, Bitfinex, Bitstamp, GDAX, etc) look like a joke.

You are right.  

I just can't help but think back that ever since China banned bitcoin a few dozen times, it has been a big part of bitcoin.  It used to be a big part because people used it as FUD, but now, as you say, there is much more diversity in the number of countries in Asia that are aware of bitcoin.  :-)  

One hopes that the usability of bitcoin and wider adoption will continue.  In my view, the script versioning that segwit enables (along with a few other improvements) will be another game changer since it allows developers to replace some of the op-codes disabled in 2010 which will then increase the functionality of the scripting language without the need for a hard fork.

1295  Alternate cryptocurrencies / Altcoin Discussion / Re: Bad jump destination - AUGUR on: August 14, 2017, 11:20:08 AM
You also probably want to move this to the alt-coin section since it isn't bitcoin related and so shouldn't be here. Just FYI.
1296  Bitcoin / Development & Technical Discussion / Re: Why does the testnet difficulty permanently drops to around 1 periodically? on: August 13, 2017, 06:32:54 PM
So it drops, then returns.
No, that's not it.

The important part is "resets back to the minimum for a single block, after which it returns to its previous value".
There are plenty of such jumps - going between millions then one then millions over one block.
According to the code, the rule is that if the time of new block is over 20 minutes past the time of the previous block, then the difficulty can be set to one for this block and only this block.

What we are seeing on the graph is difficulty being permanently dropped, not just for one block, but for the whole next period, and then goes up slowly in steps of 2016. That is a completely different rule.

Ah yes, now that I look at the graph on a larger screen, I can see it better.  ;-). Perhaps they are time-warping it to reset it with two 1 difficulty blocks in a row and then it it stepping back up every difficulty change?  I can't tell for sure from that graph.  
1297  Bitcoin / Development & Technical Discussion / Re: Why does the testnet difficulty permanently drops to around 1 periodically? on: August 13, 2017, 05:17:21 PM
I've noticed a surge of testnet blocks over the last few days, and apparently the difficulty permanently got reset to 1 around block 000000000002949f844e92645df73ce9c093e5aac0d962a0fa13eb076eec835c

I know it should go to 1 temporarily if there are no blocks mined for 20 minutes, but i wasn't aware of it being able to go to 1 permanently like that.

Further looking back reveals that this happens periodically. I.e. the previous one was at block 000000000007682725067b780feccae8143ae2a2b771639630f4d5b44b8548c1.

Is this a specific rule on the testnet - difficulty getting reset to 1 every now and then?

Or is it some sort of an effect from too many 20-minutes-late 1.0 blocks? The latter shouldn't be possible, since difficulty can't change by more than a factor of 4 at a time.



It is probably this, as you alluded to above:
"Minimum difficulty of 1.0 on testnet is equal to difficulty of 0.5 on mainnet. This means that the mainnet-equivalent of any testnet difficulty is half the testnet difficulty. In addition, if no block has been found in 20 minutes, the difficulty automatically resets back to the minimum for a single block, after which it returns to its previous value."

So it drops, then returns.
1298  Bitcoin / Press / Re: [2017-08-10] Bitcoin Gets Technology Theory Backing, Can Reach $100,000 by 2021 on: August 11, 2017, 05:04:20 PM
It's not very convincing. Thereis no reason why the price of a technology would follow Moore's Law.

Yeah.  If anything Metcalfe's law would be more appropriate here.
1299  Bitcoin / Development & Technical Discussion / Re: How private key works? on: August 11, 2017, 12:16:23 PM
If we have 2 btc addresses with the exact same letters but in diffrenet order like 1.abcd. 2.bcda as i know private key is mathimatically connect to the public key so does one private key open both addresses or the order of letters is changing the private key??
The answer is usually no. But I'll explain what I mean when I say its depends.

One private key can be take two different forms, the compressed and the uncompressed. Both of the forms corresponds to two different addresses. If the two different addresses happens to fit the kind of sequence you said, it will be possible for one private key to spend inputs in the two different addresses though you will have to convert the private key to compressed/uncompressed. It is highly unlikely for this to happen.

Else, 1Address and 1address don't have the same private key, even if the subsequent letters are the same. Changing the address by a letter would make the address invalid.

Eg. 192fqgb5aCKrjNkudGqSWR6Nuu4J8tEMB7 is my address.
129fqgb5aCKrjNkudGqSWR6Nuu4J8tEMB7 is invalid.
Thanks for your answer, what i am asking is if it does happen that two addresses have the same combination not order so they will share also private key , as i see you are saying that is right but it will not happen to find two addesses with the exact same combination

Order does indeed matter as they are, at root, just representations of numbers.  So 12345 and 54321 while having the same component integers are different numbers and so correspond to different points on a curve. (Simplified explanation, of course.). And 12345 and 54321 would be points on the curve, but not random enough to be safe.

Also since they are just numbers, you could create two private keys that swap the last two "digits" (and then re-encode the new one - there are checksums in there to decrease the chance that a typo would result in a valid address) to verify this for yourself.



1300  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Bitcoin2X - November, whats it gonna be for you? on: August 09, 2017, 02:55:36 PM
There is no point in trusting the Core. If they have their say, then the block size will be reduced to 100KB, and the fee will be like $100 per transaction. Their model will not survive in the long term future. So I will stick with BTC2X and I'll dump BTC Core.

I think you missunderstand the situation, core isn't against a block size increase they are just against doing it right now. Segwit increases the number of transactions that can be handled by a block something like 2x on average (depending on the transfers in the block), makes block scaling more viable and makes side chains like lightning network feasable (moving a lot of transactions off the blockchain and enabling fast, cheap, microtransactions). Core is against segwit2x because not only is it being rushed, they believe (and rightly so IMO) forking should only be used as an "emergency" measure, it would be far better to put off a fork untill it is nessisary and include as many fixes and longer term improvements to the code in a single fork as possable with proper, thorough testing and peer review.

From what I understand the segwit2x node blocking is being implemented to help avoid bogging down the network by preventing incompatable nodes from connecting to each other.

I think you hit the nail on the head here.  The public statements on the dev mail list etc are more about the rushed timeframe for a hard fork that is not an emergency.  Taking the statements at face value, of course.  If Core were to come out with a statement staying something like, in 0.16.x or 0.17.x Core will support a block size increase to 2MB (or whatever) I think that would take the wind out of 2X's sails and resolve the NYA issue prior to a contentious hard fork.

As far as the 100kb block, that is what one Core developer (luke-jr) had stated.  I didn't see others echoing it.

With Segwit alone the increase in block size should mitigate blocks being full quite quickly unless the spamming doubles or triples which is not inexpensive.  

I guess we'll see how things progress going forward, and it will be interesting regardless.  



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