I basically want to have my Bitcoin seed (from the old ledger nano) on my Nano S and for all the alt coins wallet.
1 Ledger Nano S - (Nano Seed) Bitcoin - Ether - Vert - Litecoin
2 Ledger Nano S - (Nano Seed) Bitcoin - Ether - Pivx - Viacoin
Would work, right?
I can't confirm since I never had a hardware wallet. But why don't you try out? Import your old seed in your new Ledger Nano S, write out the Ether or other altcoin address, recover it again in the same or second device and see if both wallets are the same. Maybe even send a minimum amount to see if everything is ok before risking a big amount of cash.
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You could use the Signature Campaign Management Bot[1] created by PrivCoin. It's currently free, so you just need to contact them with a request template found in their thread and wait for them to set up an account for you. [1] https://bitcointalk.org/index.php?topic=2207187.0
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I wouldn't recommend to use it mainly for the following reason: It's not open source. You don't know if they'll have a timer integrated which will transfer all funds from all users to their bank account at a certain time.
How do they make their money? The claim, they only make money from the exchange where they are using shapeshift. However, there affiliate fees are so low that it's hard to believe that exodus can make enough money to pay their engineers. So how are they making money?
maybe they take a part of transaction fees? People wrote earlier that Exodus always calculated high fees. They don't. Is just that they don't let you customize your fees, therefore the calculation will always be somehow higher than it should be. The cheapest and fastest transaction at 21.co is 170 sat/byte, but I'm sure that I could choose a ~100 sat/byte transaction and have a fast confirmation time. They actually make money from the assets exchange through ShapeShift, where they take a small part of the profit.
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Does this mean that anyone can recover your wallet from another electrum account using the seed and the password?
If you have the seed, you can just import it on Electrum and manage the wallet. Since you provided your seed if someone guess the password or by chance cracked your password will he be able to access your wallet if then that means he will get your bitcoins right?
I'm not sure what OP posted above. But anyone can access your wallet if they provide the correct password. Or restore your wallet if they have the seed. The issue with OP (if I understood correctly) is that he can restore his wallet with his seed, but the address that has his Bitcoins was imported manually afterwards. Meaning that there is no way to recover the address without the private key or password to access the already existent wallet. Does electrum has a security wherein it limits the number of attempts on entering a password?
They don't.
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The first site looks interesting but I don't see any need to list sites If they don't accept bitcoin in the first place. We have this: http://bitcoin.directory/ but I believe It's not updated as Newegg already stopped accepting bitcoin at some point. Linking places that accept Bitcoin Cash is not their only "feature" and purpose. The main point of this website is to list a bunch of websites that are accepting Bitcoin/Bitcoin Cash or may accept them in the future, so people can contact them asking for support for Bitcoin Cash. Check the website by yourself. Example: If you go to the "Gaming" category, there is Blizzard and it's showing that they don't accept neither of the cryptocurrencies. But there is also a Twitter button that has an a predefined text where you suggest them to start accepting Bitcoin Cash in their services, and a Facebook one linking to their page. In this case, the tweet is: Please consider accepting #BitcoinCash for payments @Blizzard_Ent - it’s fast and secure, with low fees! More @ http://usebitcoin.cash
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Generally users like me not interested in android wallet but not know any one say Myceliums is scam most of them give it -1 Because fee or new update
i give them -1 Because no support and high fee
What do you mean with high fee? You can choose your own fee, and it can be as low as 1 sat/byte. About support, you are right that it's pratically nonexistent. But there is a community to help you in case something goes wrong, and there is not much a dev can do to help you if you make a mistake on your own.
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What about CoinMarketCap? You can see Poloniex's volume for every coin at this page[1] - there is a way of seeing the volume from a few past days (even if it's not the best option); Just go to Archive.org/web, put there the Poloniex info from CoinMarketCap and choose a day to see an older snapshot. [1] https://coinmarketcap.com/exchanges/poloniex/
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Mycelium probably takes the highest fee possible and applies that. Bitcoin Core is much better because it has more refined options to fine-tune your fee. I never used Mycelium but I guess it has just "cheap-normal-fast" type of options, very limited.
Unless you can find a solution within Mycelium then you are most likely stuck with what you have. All wallets should have the same system of fees than Bitcoin Core, it is really the best out there.
They actually released an update a few weeks ago implementing a more flexible Fee selector. Now you can choose between a bunch of fee options that vary from 0 sat/byte up to 303 sat/byte. Also, you are recommending a "full node" wallet for PC to someone who is using a SPV mobile wallet. Not really the same thing.
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I'm looking for one aswell. I checked some lists and every card I saw was issued by Wavecrest, which means that you can't use them anymore if you are not a EU citizen.
The only one I know by now that it's not issued by Wavecrest and can be used worldwide is the Gold Card by Wagecan (which costs $162, therefore it's not viable for me), and maybe TenX - which I can't confirm since I haven't been following them for some time but heard that they have found a solution.
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Missing the marketing maybe? I have never heard of your website until now (which looks nice).
Personally, I would not buy from your store because I live in a country where paying the cheapest shipping would take too much time to arrive in my home due to how bad our customs is. And paying the priority shipping is too expensive to be worth the effort. But I would easily buy the "Bitcoin Yoda" t-shirt and the B POP art mug.
Maybe I buy something next month and just forget about it until it arrives in my home.
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resurrecting.
Coinbase disabled the signing of messages using their service.
This really pooches some people.
Imagine staking your account, then not being able to recover or re-stake it because you can't sign a damned message.
You shouldn't use them for staking anyway - or even as a wallet. Deposit when you want to sell your coins, withdraw your money and you are done. That's what Coinbase is for. I'm not sure why people keep using them as a long-term storage method even after everything that has happened with exchanges and web wallets in the past. Remember: As long as you do not have control over the private-keys of your address, those coins are not yours.
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Now I have another question, I have a Ethereum wallet that I got from http://myetherwallet.com. Can I import it on the Nano S? If your MEW wallet was created when you choose "Ledger Nano S", yes. If you are talking about an old wallet created manually without your hardware wallet, then no - since you can't import individual keys into a Ledger.
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You may be right. The truth is that no one know for sure if Bitcoin will keep rising forever. But besides the panic sellers that won't see anything other the "iminent fall", there are those that sell low to buy even lower and increase their profit. If we are in a high and the there is a correction coming soon, you may sell when there is a 5% drop to rebuy after another 10% drop; It's a valid strategy if you know what you are doing.
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and in this way MEW will serve as a cold storage, right? Yes. If you are offline and your private key/wallet file never leaves the PC or touch the internet, your wallet is as safe as any other kind of cold storage. When you want to spend your coins, use the "Send offline" tab and follow all the steps to generate a transaction, sign offline and broadcast it.
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How is Exodus handling the fork?
They will probably do the same they did with Bitcoin Cash and implement a process to sweep your coins from the other chain - and maybe add full support if the demand is high enought. Look at this post from the previous page of this thread: I contacted them and they literally answered me 5 minutes later, I told them their customer service is just insane, I've never seen such a good service! Anyway this is their answer: In case of a potential fork, we will not support Bitcoin Gold, at least not at first. The development team behind the fork has not provided any instructions and we do not know what they are exactly trying to achieve with this fork.
Do not hesitate to look through our roadmap to see the assets we plan to add to the wallet: http://support.exodus.io/article/96-exodus-wallet-roadmap
We will probably do the same thing we did for Bitcoin Cash and create an easy way for the users to split their assets. We will need to wait for the fork to be sure how it will work.
You don't need to do anything right now. You will always have the option of exporting your private keys after the fork to claim the forked coins through their official wallet in the case of Exodus cannot create a simple feature for you to split your assets.
Unfortunately, there's no Bitcoin Gold wallet available yet, so it's not possible for me to guide you step-by-step. All the details and tutorials will start popping up after the fork. Don't worry, your coins will be safe in your Exodus wallet before and after the fork. =)
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1)if bitcoin system Same in all over world why some wallet can control fees and others can’t like Blockchain.info ??
Because their dev don't want to or haven't implemented this feature already. Wallets are just a "client" to create transactions and broadcast them to the Bitcoin network. Every coin you have is stored in the Blockchain, and not in the wallet itself. This means that every wallet should be able to do what others do if the dev wants. 2) How wallet work with short word ??
"Your bitcoins – or rather, the pieces of code that represent them – are not actually stored in your wallet. They are stored on the blockchain, which in turn is stored on node computers all around the world. [...]" "But it’s important to understand that the wallet doesn’t actually contain your bitcoin. It contains permission to spend your bitcoin. And if you lose access to that permission to spend, then you effectively also lose your bitcoins, because you no longer have access to them. That is why it is so important to keep the keys secure. [...]" Source: http://www.fintechblue.com/2016/02/how-does-a-bitcoin-wallet-work/Other quick video with an easy explanation: https://www.youtube.com/watch?v=A1Pl5hYHXiI
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I will try the procedure I detailed above.
I am not familiar with using Electrum connected to tor or TAILS as somebody told me, but If somebody could explain, it would be nice thanks.
Can somebody just confirm that my private key is not contained at all in the hex code generated via the sign process?
It's not. You can even check by youself by going to this website[1] and decoding your signed transaction. The method described by you is basically the one that I used, but with a Bitkey image instead of Tails. [1] https://live.blockcypher.com/btc/decodetx/
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I am a little confused about how changelly gives us the ability to buy bitcoins without an ID? Does this mean they are using someone like localbitcoins? Howcome they dont need any id to buy and sell BTC? Are their rates much higher? Why does almost everyone use bitfinex to trade bitcoins and not something like changelly?
People don't use Changelly because their rate for USD -> Crypto sucks. Right now, 1 BTC = $6761 at Changelly. This is $900 dollars more expensive than if you buy with Coinbase or Kraken. Also, Changelly only accepts Credit Card, while most exchanges will accept wire transfers or bank deposits. In other words what does changelly actually do?
There is no advtanges AFAIK. People tend to use them for Crypto <-> Crypto exchanges.
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I don't think they lurk around BitcoinTalk at all. Maybe Reddit if your thread gets to front page - i.e, you lost a big amount of 5~6 digits.
Bitcoin is exploding again, this leads to a high traffic of users in popular services like Coinbase, Poloniex and Bittrex. It is expected that exchanges that already receive many tickets per day, start to slow down their support because of the high demand of bitcoin. I heard some time ago that for a "slow" period of Bitcoin, Poloniex received more then 2100 tickets in just 4 days. Now imagine what happens when they see a rise on their traffic...
If you are not a big player who has lost a lot of money, I would not waste my time creating Reddit threads. They will probably just ignore you like they do with the already existent threads. So, just wait for a reply.
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