he doesn't have to be on drugs or have his account hacked to act like this, what you see is his "normal" behavior. you can't really expect more than this from an attention whore which has proven over the past 2 years that he is willing to do anything to gain the attention, of course he uses that attention to make thousands of dollars easily. and this is no different.

the only complication that i can think of is that unlike private keys (HD wallets) in a password manager you have no way of knowing how many passwords you have used because there is no "public key" and "blockchain" to check which one was used. which can be solved if you keep a backup on the cloud only from the "paths" like this:
bitcointalk.org -> path=m/1/3
google.com -> path=m/2/5
...
the first number can be the "account" for different websites and the second number is the number of passwords you have already used like when changing the password every now and then you create the next one.
of course there is the additional risk of not being careful and creating the same thing twice.

easily solvable by treating the derived bytes as the fixed entropy used to derive a password from. or simply use a certain encoding that only gives you the allowed characters! for example if it doesn't allow symbols then use base-62 (10 num + 2*26 letter (lower+upper)!

then you derive the next one. m/1/3+1=m/1/4

the whole point is not storing them but creating them on the fly.

these two are the biggest concerns though:

this is why it is always preferred that you place multiple orders at different prices instead of putting it all in one order and hoping for that to be the best option. specially in bitcoin that price is volatile and sometimes we see very unexpected movements, this method of spreading orders is very helpful.

i disagree.
in fact i have seen many cases that when everyone expects the same thing, that thing always happens. for example take the last year. there was no reason for the bear market this time to last this long but it did. why? because everyone (or basically the majority) were convinced that there is a "cycle pattern" to bitcoin which should be exactly like 2013.

also you shouldn't confuse what people say online with what they really think. there were thousands of comments online saying price will fall to $1000-$2000 but that was never what they really "thought". they were spreading FUD while they knew it is not going to go any lower that is the reason why it didn't go lower apart from the strong buy support.

when you are the one who created that wallet (address) then you already know the type of address that you have created, you don't need to send coins to figure it out!


you can sign a message with any private key or keys that you have and were involved in creation of an address (in other words you can even sign a message from a multisig address), however the problem is not the capability of signing, the problem is lack of standard so that when you sign a message others could verify it.

maybe a quick summary of how bitcoin works can help you understand it better.
in bitcoin, you don't "store" bitcoin! instead you store the "keys", and your "coins" are the transactions that are stored on the blockchain and all the full nodes have a copy of it. to spend, you only "prove ownership" by creating a signature with some complicated cryptographic method.
that is why cold storage works, because it simply is a storage of keys.

as for spending you just have to be online (one a different device) to be able to look at the blockchain (since it contains your "coins") and get the transaction IDs and create a transaction. then transfer this to your cold storage where your keys were and sign it. then go back online and send it to the network so that the nodes know about it.

you could say that but it wouldn't be exactly correct.
you see, we are talking about events that may or may not happen in the future. when you see for example 15 MB of transactions that are paying more fees than you all you can say with confidence is that miners won't pick up your tx because of competition. other than that we may continue seeing more of same high fee paying transactions be created so your tx remains low priority still. or we may see it stop and the whole thing to clear up in 14 blocks!
in other words since it depends on the way mempool is going to be in the future, you can't predict how much it is going to take.

if you are looking for the absolute bottom of the dip then don't look because you will never find it except for pure luck! what you can do however is to place multiple buy orders in a range of prices which you think can be good candidates for being the "bottom". for example when price was going down in $3k area you could have placed orders at $3500, $3400, $3100, $3000, $2900 and get half of them filled.
how big an order in each price level depends on how big a chance you speculate it has of being reached and how big a risk you want to take.

lol why? ETH is a pump and dump coin and all you needed to make profit from it was to participate in it during the pump and exit before the dump began to make the same amount of profit if not even bigger one!

as for reddit, i disagree. reddit is worse than this place specially when it comes to technical discussions. it is mainly used for hyping things up.

it probably is better if you run ElectrumX since it is the most used and because of that it has least amount of bugs. but you shouldn't ignore the alternatives either. the only thing to consider when running an alternative is to check if it is actually an "alternative implementation" or is it the same thing translated into another programming language or if it is a simple wrapper around the main one with additional features.

technically anything that has been online is considered compromised. transferring it offline doesn't change anything. if you want true cold storage security then you have to start a new set up in a clean and offline computer (that has never been and never will be connected to the internet) and create a new wallet (with new seed) and then send your coins there by making a transaction.

it is the same dilemma as private keys! there is nothing stopping anybody from creating random keys/seeds but what protects your seed/private key is that the possible range of numbers to choose from is so huge that even if you continue guessing millions of them per second you still wouldn't be able to finish in a million years.

what you said has nothing to do with "security" specially "on chain". you are talking about privacy and the fact that some companies have always been trying to take that privacy away from bitcoin users and they have started doing it from early years, this is not a new thing and anybody who enters bitcoin should know that bitcoin is not an anonymous coin although it offers you a good deal of privacy.

you're welcome
that picture looks like Electrum in which case those numbers in MB (15.74 MB) seem to be the size of the total transactions that are paying more fee than you based on the fee that you paid (1 sat/byte). i believe Electrum refers to it as "Target from the tip"! and it is basically what i explained above.

basically now that price has officially started to rise, all of a sudden every kid around the block is turning into an expert and they all insist on publishing their "predictions" about bitcoin and compete with each other over what number they come up with for the next ATH and they are all full of themselves while doing so.

when  you are writing a guide like this you should not think about how YOU can make a strong password, instead you should think about all the people who are going to use that method. in this case (using a sentence with actual words instead of using symbols,...) the example here may be strong but most people are not going to create strong passwords like that. next thing you know they are using passwords that while looking unique are easy to guess even without a dictionary attack. and that is the point of that extra complexity added to the passwords. humans are not capable of making truly random/complex passwords in general.

how about a deterministic password manager?
i don't really know if such thing exists but the basic idea of it is similar to BIP32. you have an entropy that you back up and then each time you need a new password, you derive that password from that entropy by incrementing your step.
it would be very easy to write an app for it too.

there are no cycles in a market specially bitcoin market that is always changing. what there is is the trader's imagination of a cycle so when enough of them believe it is a thing they start following it and eventually a cycle is formed.
this "cycle" is not just the bubble part, instead it starts from the bottom and ends at the bottom again. meaning if you want to talk about this "cycle" you have to start from 2015 when price was at the bottom (~$200) and consider all the time between that and the next bottom (~$3100) the whole cycle. and that just happens to also cover bitcoin halving because the period is long enough to cover one but that doesn't mean halving is playing any major role in it.


so you are basically saying the enormous rise prior to halving (~300%) was nothing!

ICOs are not regulated, this whole market is not regulated, there is no law enforcing them to comply by KYC rules but 90% of them add that. then we have some that are forced by the platforms such as Binance to do that which again is not by any "law" or "regulations".
not to mention that i wouldn't call any ICO "real" as long as all they do is raise funds and then go away!

these charts are the live visualization of all the transactions that are currently waiting to be confirmed (are in memory pool). the rightmost point on the chart (as you'd expect) is the current status. so what you do is you go to that site, look at the chart saying Mempool size in MB, and try to figure out how much (as in size) transaction is paying how much fee. the numbers on the chart are the aggregated values not the value for that fee level. for example in the following picture when it shows 0.244 MB in front of 50+ it means there are 0.244 MB transaction size in total paying fees higher than 50 satoshi/byte.

now by knowing how to read the chart all you need to do is to speculate how much of this total size is going to go into next block that is found so that you can pay the smallest fee while being among them.
to do that you need to know the block size nowadays is around 1.1 MB to 1.2 MB so you simply find the ~1 MB line which is currently at 7 satoshi/byte and that is the minimum fee you can pay to get a high priority transaction.
but you also have to keep in mind that there is a time between each block is found and in that time others are also making transactions, sometimes there can be spikes in the number of transactions during that time. so if you pay the minimum there might be a spike and you can no longer have the high priority. that is why it is some sort of speculation about fees not guaranteed.




ps. https://bitcoinfees.earn.com/ is currently suggesting 54 satoshi/byte! look at the above chart and see where 54 is at!!!

indeed.
i am starting to be annoyed by how many people are talking about this weasel nowadays. everywhere you look from bitcointalk, reddit, twitter to all the news sites you keep seeing his nasty name and face.

you have to be extremely stupid to think that the bear market is not yet over the same way that you would have been stupid if you thought the bull market by the end of 2017 and start of 2018 was not over at that time.
trends like these end at some point and after more than a year of dropping and nearly 85% drop from the ATH, the bear market has been over for more than a month at least. and right now we are transitioning into a bull market which has not yet started.