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14241  Economy / Services / Re: [OPEN] | 🔥 Coinpayments.net Signature Campaign 🔥 | 100% SegWit | on: March 11, 2018, 11:26:48 AM
A side note to anyone...I seem to be going backwards on my post count for some reason....I am pretty sure I was already over 60 posts for the next count...but my
current count is like 11 below, or some such of what the OP on this thread gave me at the last payout!


And I've noticed same thing today,my total number of posts has decreased around 10 more or less,but this has happened before.The thing is that some old threads are deleted and our posts have been deleted with them.But this shoud not be problem,Lauda will count posts from last payment and you should only watch your posts from that date to next payment.
14242  Bitcoin / Hardware wallets / Re: User-friendly Ledger Nano S? Not! on: March 11, 2018, 11:12:49 AM
I just got my Ledger Nano S. Please correct me if I'm wrong, but this thing is not at all user-friendly. I'm fine with the setup, keywords, etc. and the display on the device, I like that, but once it is set up, why is there a separate app for each coin? Why do I have to go through MEW to transfer ERC20 tokens? Why do I have to go to ethplorer.io to look at what I have on the device?

Why isn't there a single app from Ledger that I can use to manage, or even just view, all the coins that I can store on the device?

It seems to be quite a big shortcoming for the top hardware wallet to have to depend on non-proprietary, third-party websites to access their best-selling device.

As OmegaStarScream is saying,Ledger is working on solution for this "problem" and instead of Chrome apps we should have desktop app with interface that will show all coins we have.By that time you just need to use Chrome app and open/close Ledger Bitcoin Wallet app for every coin.But this is not such big problem and it takes just few second to swich from one coin to other.

Be sure to update firmware to 1.4.1 version which will let you to add up to 18 coins to your Ledger Nano S,instead 3-4 what has been the case so far.
14243  Economy / Speculation / Re: Bitcoin might continue Bear market for another 1-2 months????? on: March 10, 2018, 02:54:09 PM
People are expecting that the past year will be repeated from the start of this year,but for now we see that it is too difficult to hold above 10k$ level and almost impossible to break 12k$.Depending on the development of the situation in various countries of the world regarding regulation of cryptocurrency and some extra surprises in the form of MtGox,we may stay in bear market whole year or just few months.

It seems to me that such a situation might take 2-3 months at least,and that any upward trajectory is still not in sight.Some may not look good in all this,but on the other side it is good for people who want to join crypto train and for those who want to buy "cheap" coins.
14244  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Best Alternative To Coinmarketcap on: March 10, 2018, 02:34:43 PM
It seems that we have more and more sites that are trying to be competition to coimarketcap,but most of them only can provide better design and automatic update of data.When I look at worldcoinindex data I see that many of listed coins take a different place then what is the case on some others sites.For example Nano is ranked at 13 place(worldcoinindex) and on coinmarketcap it is on 20 place,so they have some other method to calculate ranks/probably they use different exchanges or something like that.

One more nice looking site to track coins&exchanges : CoinRanker 
14245  Other / Beginners & Help / Re: Bitcoin Wallets on: March 10, 2018, 12:39:25 PM
Silent26,you invest some time and research in your thread and there is no doubt that it will be of help for newbies and for some more experienced users.I'm not sure is this thread belongs here or would be more appropriate to be posted in Beginners&Help,but this is up to you and moderator.

Some things I would added/change to your descriptions :

Ledger Nano S is support much more crypto coins then Trezor,and Ledger reputation is not in any case worse then Trezor.

For any online wallet,like Blockchain.info it would be well worth mentioning that this is not a way to store&keep coins for long term.if you not have full control of your private keys-you can lose them anytime.

Another thing that would be worth mentioning is download of any wallets from internet,there is so many attempts of phishing and users often download fake wallets and lose coins in that way.So maybe would be good to add legit link for every wallet which you have described.
14246  Bitcoin / Bitcoin Discussion / Re: Once bitten, twice shy for MtGox victims? on: March 10, 2018, 11:51:07 AM
Yesterday the news broke that the trustee of the MtGox fiasco, has started to sell large amounts of bitcoins and Bitcoin Cash to recover some money to pay out to victims of this incident. These creditors will receive more or less $400 per bitcoin lost.

Now my question is, how many of these people will re-invest that money into Bitcoin again after they have fallen victim to this supposed hack?

If you go back to that time, you would remember the negativity and anger that was expressed, after these people realized that their money was gone. <I do not blame them at all>

We have lost a lot more than people who lost some money, we gained a lot of haters and people who turned against this technology, because of that event.

Once bitten, twice shy?

If you were a victim, please give us your story or even if you were not a victim, what would you do?

Only good news is that some people may get back some percentage of money they lost few years ago.But bad news is that sales of these BTC affected quite negatively on today markets,especially the announcement that 1.7 $ billion worth of BTC will be sold in the near future.

I think that some of people stay in crypto world after MtGox hack,even though they lost money-and some of them will probably invest that returned money in cryptocurrency.Although a large number of affected users is permanently left after that event,they lost their trust in BTC and in exchanges.

I think this event was a lesson for future,but to this day some things did not generally improve and security of exchanges is still quite questionable.The ghost of MtGox once again reminds us that coins on any exchange are not safe,so be smart and do not repeat the same mistake twice.
14247  Bitcoin / Press / Re: [2018-03-09] Who Actually Makes Profit On Cryptocurrencies on: March 10, 2018, 11:25:41 AM
There is no doubt that currency exchanges make big profits,because of that we can see that their number is increasing.Miners are also make good profits from mining and from fees.I think these two business take the largest share of the crypto profits,and the rest is taken by whales who use every opportunity on market to dump coins at the highest price,and then buy back when price touches the bottom.

At the end of the line are ordinary small users,most of them are just holding and not make any profit on short term,but they have chance to profit on long term.The difference between exchanges/miners and small players is that first ones make money today,small players need to take a risk and hold for years.
14248  Economy / Micro Earnings / Re: 🔥Game Of Bitcoins🔥BTC✪DOGE✪LTC✪DASH✪BLK✪PPC✪XPM✪BCH✪ETH✪BTX🔥Best Faucets🔥 on: March 09, 2018, 05:48:21 PM
Take advantage of low BTC price and other altcoins and claim bigger reward on faucets.Comment here and post your FaucetHub name,every users will get tip and some rain -- Happy Fauceting Wink

14249  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments on: March 09, 2018, 02:39:48 PM
Can someone explain to me the reasons why NANO had such a rise from mid December 2017 to mid January 2018?

Don't want to read hundreds of sites in this thread...

Thx!

It's like any other coin price rise or drop,at some point for some reason money is start to flow and price is rise up.I guess some people have information that something good will happen with Nano(RaiBlocks) and they start to buying that coin on exchange.When others see that price is rise more then 10 times in 10 days(from 0.4$ to 4$) pumping price is start and it is finished at 34.42$ on Jan 5.

The reasons are probably new development of wallets(desktop,mobile) and rebranding in combination with great optimism among users in time of extreme high fees that happens at that time in BTC network.Nano on the other side have no fee and it should be instant in transaction.
14250  Bitcoin / Press / Re: [2018-03-09] PBoC Governor Blasts 'Explosive' Cryptocurrency Speculation on: March 09, 2018, 11:32:38 AM
Quote
"Lots of cryptocurrencies have seen explosive growth which can bring significant negative impact on consumers and retail investors," Zhou said. "We don't like (cryptocurrency) products that make huge opportunity for speculation that gives people the illusion of getting rich overnight."

He finally said what official China is thinking about cryptocurrency,they are not actually worried for people,but that some people will maybe start living better and they may lose control over them.Yet communism is all about state ownership and absolute authority,far from true human freedoms which exist in some parts of the world.

China is still a big threat for cryptocurrency,even though they are close all domestic exchanges and stop almost all trading activty in country-now they focus on markets outside of China.So it is like they are sending the message to the world,"It is not good for us,and it should not be good for you".
14251  Economy / Speculation / Re: What is the reason behind the current crash? on: March 09, 2018, 11:04:46 AM
It always start with one bad news,but then few others follows-coincidence or not,I think someone is very good at manipulating with news.At the same moment Binance rumor is start to spread we see thousands of BTC are put in sell on different exchanges,good old panic selling is started,and only small % of people will profit again.

We have very similar situation recently,and there will be nothing strange if price dropped even lower.The question is whether 6000$ will be bottom this time or price can go bellow that.What I see in all this events is that someone is trying to maintains price bellow 12 000$ at all costs.
14252  Bitcoin / Hardware wallets / Re: Ledger Nano S firmware update 1.4.1 on: March 09, 2018, 10:44:07 AM

There seems to be a problem with Ledger drivers,
For those who haven't updated yet, it may take time because many are updating altogether, just wait to be on queue.

The problem I had, and I believe many others(based on Reddit posts) is not only in Ledger servers overload,but in users PC and in that in some steps of upgrade PC and Ledger device do not recognize each other.As I write before some steps will just stuck forever if user do nothing,disconnect/connect and close/start Ledger Manager will help,but if user stuck on "Upgrade" then only option I described above help,at least for Windows OS.

Yeah, I got stuck on the "Update" screen for a bit... It kept saying "Unable to install firmware" on the Ledger Manager App.

So, I just "ejected" the device from the USB icon in the system that and then reconnected it and it automatically went into "processing..." And then everything worked.

Was a little disconcerting for a few minutes, thinking I had bricked my Ledger! Shocked

I was thinking the same thing(few times),but I remember that somewhere in the instructions from Ledger they say something like "do not worry,you can not brick your device" Smiley
14253  Economy / Marketplace / Re: Is there a marketplace where you can buy real things for crypto currency? on: March 08, 2018, 03:21:32 PM
I want to buy watches for bitcoins? Grin

I am sure there is some online store which sells watches for BTC,for example you can try this one Luxury Watches or you can try your luck just by visiting SpendBitcoins and try your luck there.

Before you go shopping check any site,try to find some reviews because if you pay in BTC it is one way transaction, and you can easy lost your coins and never see a watch on your hand Wink
14254  Bitcoin / Hardware wallets / Re: Ledger Nano S firmware update 1.4.1 on: March 08, 2018, 01:35:24 PM
I'm just trying to update firmware on my Ledger and for now I am stuck on "Restoring MCU" message on Ledger Manager app and "Bootloader" on Ledger device screen.I know there is problem with Ledger servers because of many users trying to make this update,I'm just interested others also stuck on this step or somewhere further in the process?

However this update should solve "problem" with numbers of wallets which can be installed at the same time which is great,and also in the process of seed creation every word need to be checked instead of a prior procedure which required only two words verification.

Edit:

After 1+ hour of "upgrade" I stuck first on Restoring MCU/Bootloader,after 20 min I close Ledger Manager and disconnect Ledger.Then I move to Update screen,but nothing on LM.There seems to be a problem with Ledger drivers,so if you are on Windows go to Control Panel\System and Security\System >Device manager and under Human Interface Devices - USB Input Device check for any device with yellow mark/click on remove.Then open Ledger Manager and connect Ledger,you should see processing on Ledger screen and for me it was finished in 2-3 minutes.
14255  Bitcoin / Press / Re: [2018-03-08] Coincheck Exchange to Compensate Hack Victims From Next Week on: March 08, 2018, 11:21:03 AM
This is good news for all those who have lost money in Coincheck hack,however only fair response would be to pay back the total loss and not only 420$ of 530$ million stolen.Some might say better something than nothing,but in my opinion every exchange should be responsible for the total amount of the users funds.This is something that should be regulated by law in every country,exchanges must have insurance in case of hacking and they must keep most of coins in cold wallets.

Until that changes exchanges will be free ATMs for hackers and inside jobs.Who can say Coincheck hack is not inside job with profit of 110$ million?
14256  Bitcoin / Wallet software / Re: Do you REALLY trust hardware wallets? on: March 08, 2018, 10:53:33 AM
So Ledger are releasing a soon to be mandatory update for the Nano S.

The reason is hinted at here - https://twitter.com/spudowiar/status/970977060134023168

I've read elsewhere that physical access is required for any issues so everyone should be fine.

However I can only imagine the amount of problems that pop up will increase as the amount of money lurking on hardware wallets accelerates. The incentives are just too enormous.

I'm nowhere near savvy enough to know whether something is coded well but I have faith in the creators and coders to do their best to stay on top of things, however there's no shortage of dodgy people with matching skills who'll go all out to beat them and it could a finely balanced race.

Will you choose to keep the faith no matter what happens or regress to things like paper wallets if more weirdness emerges?

As can be read in this tweet,spudowiar has been discovered a potential issues in Ledger which may couse "compromised recovery seed generation or private key extraction".He claim this is a serious issue and that he will reveal full technical data on 20 March in order ti give users time to update.

I think that he found something pretty seriously,and proof is that Ledger is released new firmware after that.So we need to wait till 20 March and hope to get full information about this safety problem.

When it comes to safety of my coins I can say I do not trust anyone or anything,nothing is 100% safe.But it is much easier to lose coins in online wallets/exchanges or even desktop wallet,so best way to keep them safe is hardware wallet or for long term holding paper wallet which must be made in 100% safe environment and stored in extra safe place.
14257  Economy / Speculation / Re: Bitcoin a year from now on: March 07, 2018, 03:13:43 PM
When you look at the chart on 30 December 2017 the price of BTC was at $1029 . At this moment the price dropped till around $ 8600,00




SillyGirl, price of 1 BTC was not 1029$ at Dec 31 2017,maybe you was thinking on December 2016.At the end of last year price was around 13 000$.Some forecasts and speculations say that price could reach to 40 000$ or maybe 50 000$ in this year,but since you ask for February of next year price could be much lower at that time because of correction which would probably follow after new ATH.

We can only speculate about price one year from now,but if price go to 40 000$ and then we see correction of 50%-possible price at this time next year could be around 20 000$.
14258  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments on: March 07, 2018, 11:58:24 AM

This is good news,and this should be lightweight wallet if I'm not mistaken-and that is something that is very important for users.Most of us do not like to hold Nano online,whether it is exchange or online wallet,and current desktop wallet requires download of whole chain,which is for most users a very long process.When we get lightweight desktop wallet or support for hardware wallet the number of users will surely increase,and accordingly to that price will go up.

Today Nano price is just result of BTC price drop and probably some traders dumping Nano purchased at 8$.
14259  Bitcoin / Press / Re: [2018-03-06] Russian Supreme Court to Decide the Fate of Bitcoin Sites on: March 07, 2018, 11:21:14 AM
Some people here are very optimistic about Russian government's adoption of cryptocurrencies when their officials were making related statements, but in reality the government has been already fightning them for years.
Russia has been unclear about almost everything related to crypto for years now. The main issue is that there is no clear trigger point known for what will cause Russia to ban certain sites, and to leave other similar sites untouched.

I think it's safe to say that the entire crypto market in Russia is ready for clear regulations allowing people and businesses to understand what can be done, and what not. Currently it's almost like Russian roulette.

If you do something crypto related, it will either be 'tolerated', or you'll be facing serious resistance from the government where you'll be forced to stop and shut down your activities entirely, which doesn't make sense.

It's amazing what's happening in that country when it comes to cryptocurrency,practically one day they are friendly and they make some positive measures,then other day we read that paying with cryptocurrency becomes a criminal offense and government is trying to close web site related to cryptocurrency.I think that every business in that country which is related to cryptocurrency is actually like Russian roulette,you may survive and profit or you may be dead with a single click.

I do not like how things are developing in Russia,and I do not see nothing positive in that story.They are in a way on the similar path like China-If we can have full control then crypto yes,if not then game over.You like crytpo?Then use CryptoRuble.
14260  Economy / Exchanges / Re: Any exchange/website to withdraw fiat? on: March 06, 2018, 02:38:41 PM
Which is the best exchange or any other site which allow withdraw to PayPal without some huge fees or too complicated verification process?I would like to convert some BTC from time to time in order to buy some things with PP online.It would be great if I can use BTC for that,but for now this is still not possible on most online stores.
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