Hi,
Thanks.
Still kinda confused how I will end up with 2 lots of coins when I have one wallet and one set of keys...
Well, that's the worst case scenario with a fork, they never come back together and the two chains effectively become two incompatible cryptocoins. In this hypothetical scenario, the two coins share a history up to a certain point at which they diverged. You have private key(s) which are from the shared part of the history. That means that just as one cryptocurrency has now become two, your coins in the original cryptocurrency have now become coins in LeftForkCoin and in RightForkCoin (I love these names). As long as you control your own private keys, you are safely a part of the "winning" coin when and if a "winner" becomes apparent. If there never ends up being a winner and both forks retain their value, you're happy to have both coins. I hope that helps. So what if LeftForkCoin and in RightForkCoin really happens after that SegWit2 will be enabled, Should I really make a hardware wallet early as now and get my bitcoin balances from Coinbase? or this Online wallets have a plan also with this event if it will really happen? I am not a geek to know about this sorry. You have to go by what the wallet providers publish. Trezor is on top of this and is in stock, recommend you buy one before they run out. They seem to be selling fast:) Ledger is already out of stock. |
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? Trezor is still showing in stock at https://shop.trezor.io/ if you want it shipped in three days you have to pay a premium though |
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There is malware that can steal bitcoin from password protected wallets. Chances are low if your security is good but it does happen. When you get your Ledger you will have the option of using Ledger's Bitcoin Chrome app, or you can use your Nano S with Electrum. Not the Electrum you are now using, you would have to make a new Electrum wallet to use with Nano S and send bitcoin from present Electrum to new one.
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What wallet were you sending from, and what was the destination wallet? On phone, desktop, browser some more information could help. Could you have malware on your computer that hijacked the destination address?
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It looks like Case has stopped pushing firmware updates to their hardware wallet, which pretty much makes it unusable as fees are set way too low. I got an email from them claiming they would support Case for the forseeable future. Without a firmware update that is an empty promise. The same developers behind Case are now trying to pre-sell a wearable ring called Token that will let you pay with a tap of the ring once connected to your charge card. Also Token door locks and ignition of some cars, along with some password management. Costs $249 not shipping until December 2017. |
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Most people don't use 2FA with Electrum. It hurts your privacy somewhat and costs extra. Do you want Google or Trusted Coin servers to have a record of your transactions? Also fees are high enough already:) The best way to use Electrum is with a hardware wallet: Trezor or Nano S take your pick.
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I just got my trezor today and it's awesome. trezor is an extremely good hardware wallet since it's been around for a lot longer than others and has a superb reputation. I believe trezors source code and is based off of keep key, so in that way they should be pretty equal in terms of security.
You got it backwards:) Trezor was first. KeepKey forked Trezor open source code; it is a Trezor clone under the hood. Sure they added some new code, but without Trezor there would be no KeepKey. Ledger developed their own smartcard based hardware wallets that do not use Trezor code. |
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There is some FUD going around that Polo is insolvent. I know people who are still getting withdrawals out but they are completely verified highest level. Maybe Polo is giving preference to fully verified customers? |
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Receiving bitcoin more than once to the same address in your Electrum wallet hurts your privacy, but is unavoidable some times, for example mining pool payouts. The sender pays the fees.
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Just buy bitcoin and hold. There was a window where it was profitable to mine Ether at home using GPUs but that is closing.
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Trezor and Ledger have been through this before with previous fork scares, and have always promised firmware updates that would allow one to spend on the fork of your choice. Using a hardware wallet with Electrum might be a very good choice.
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Dude put 2 factor on all your bitcoin accounts.It's so easy.
Agreed! It would be better if we familiarize ourselves to always increase the security level in each of our accounts that potentially harm us if others can master it. 2FA is the most powerful way to avoid theft. Whether by already protecting 2FA, there is a possibility to be penetrated? Can also be added with SMS protection? Google Authenticator is the most secure way to access an exchange account. Your login is tied to your phone, not your phone number, so it is important to write down the secret key presented when you enable it. |
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Do a search for spy coins and you will come up with several shops that take silver, half dollars etc and convert them into hollow stashes for MicroSD cards. The ColdCoin is probably the most attractive I have seen, more should have been produced. It would be cool if someone like SilverWallets produced this type of stash coin again. |
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Turn off your firewall and antimalware to determine if that is the cause. If working then, turn on one at a time to see which is getting triggered and add an exception in settings for Electrum.
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The fee you paid was too low for ViaBTC accelerator to work, they require a minimum .0001 fee for free submissions. I mine at ViaBTC so they let members accelerate transactions under that limit. I submitted yours and got an acceleration successful response let's see if it goes through. Luck has been low today might be a few hours before they mine another block. If you are now on latest Electrum remember to enable replace by fee and when you send check the box marked replaceable, then you can bump the fee up yourself if need be.
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Maybe stick to altcoins in the top dozen at CoinMarketCap that have not already been pumped. So you are suggesting to not invest then? (nothing in top 12 has not being pumped 😜) I think Monero is a bargain ATM and it was pumped almost a year ago, so time for some action. It is definitely in an uptrend but it can have wild swings so i consider it a buy and hold unless you are a seasoned day trader. |
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What is the long term prediction for monero? It is the oldest anonymous currency used on darknet markets. Will zcash replace it? Is it wise to hold monero for a few years or will it be obsolete by then? Please comment if you are holding long term. In a few years zcash, zcoin and others, even bitcoin could make monero seem clunky and old. Opinions please
Fantum see https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php |
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