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14381  Bitcoin / Press / Re: [2018-04-30]News of Bitcoin (Prediction or Expectation) from ANTHONY CUTHBERTSON on: April 30, 2018, 10:27:31 AM
I personally think perhaps it is an expectations from a big investor, the intention perhaps just to express the desirable/expectation or may be to pump the price. If he is pumping the price, it is too ridiculous disregard he/she is big investors. I just don't understand the writer of global media, Anthony Cuthbertson, write "wild" prediction or an expectation like that. And surely to compare bitcoin with gold is not acceptable for crypto community, it will be better before write the article he do some research to the community and do an exercise.

There is a thread on this topic here.I do not know why are you surprised that some journalist
writes a story like this-most journalists actually live for such stories.He take some of John Pfeffer statements,then mentioned Soros and Bill Miller and he has very low quality article in my opinion.Pfeffer admits that chance that his prediction become true is only 1%,but it seems that's enough for journalistic sensations.
14382  Economy / Speculation / Re: BTC 20K coming soon, watch this chart and ease your mind :D on: April 29, 2018, 01:47:29 PM
Guys why does 20K seems like an impossible thing to you ?  Huh

The fact that the crypto-market is very small (way less than 1 Trillion $ in total ,420 Billion as for right now) makes it very easy to move to both directions in no time, some traders compare crypto to forex which is wrong, there is well over 5 Trillion $ trading volume only.

just remember that !

- BTC went from 6K to 9.5 K  in less than 18 days  this month !!! ( well over 40% increase )
- Last year btc went from 5k to 20K in 35 days ( 250% increase)


Now fundamentals are a major factor and everything can change at any second. but technically speaking we broke a major down trend, we building a new support/up trend which has been tested couple times and proven to be strong enough. the biggest obstacle would be the double top at 11-12 K. it may take weeks to break that but the road from 12 K to 20 K is going to be much smoother.


as much as i want crpyto to MOON in no time, i would love to see a slow and steady growth.





I do not think it is impossible at all to reach 20k $,the only problem is how do you define "soon"?

Based on last year BTC has a much better starting point for new ATH this year-as you say it take only 35 days from 5k$ to 20k$ and now we have 7 months by the end of this year and current price above 9k $ level.The real question is whether the last year scenario can be repeated,or people will be a bit more cautious with their money.

I personally expect at least 20k $ by the end of this year,but it is realistic to expect even more.
14383  Bitcoin / Press / Re: [2018-04-28] Bank of America Is Closing My Three-Year-Old's Account Over Crypto on: April 29, 2018, 01:01:45 PM
BoA is closing 3 years old account of some child,but also both accounts of her parents.What is strange in that?This is the internal decision of the bank based on some of their rules or on their stupidity.It is possible that this is about her father management company who invest in crypto,so bank is decide to close all 3 accounts.Since all of this happening in the country of the "free" I am not one bit surprised-they should be happy that some three letter agency did not knock on their door and the social service did not take away the child.

14384  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments on: April 29, 2018, 11:14:45 AM
I also think that Nano has a great potential and is still under evaluated this days. His features (0 fee tx and instant receive if wallet is synced) make it a special coin. It should grow and be at least 1 Nano = 500$+ after some time, in my opinion.

to be able to make it happen bitcoin price should increase again and make FOMO again
when FOMO happens again, people will notice the weakness of bitcoin (expensive fee and slow transaction time) and they will look for bitcoin alternatives
when it happens the Nano marketing team should promote the Nano as an alternative bitcoin

This is likely to happen again,but I hope not to the extent as it was at the end of last year because most of wallets/services now support SeqWit.Of course it will not completely prevent high fees or slower transaction,and as you say people will always search for an alternative coins.

The biggest problem Nano has at the moment is wallets.,Desktop wallet is hard to sync,mobile wallets are still in testing phase and only easy to use is Nano online wallet.But considering how it ended up with Bitgrail,most of users do not like to keep their coins online.Also exchanges have constant problems with deposits/withdraws of Nano-so trading volumes are pretty low.

All this has resulted in very low price-lack of infrastructure does not allow further progress//imagine you have brand new Lamborghini and only a pretty lousy country road to drive,that would not make any sense...
14385  Bitcoin / Hardware wallets / Re: It is NOT secure to use hardware wallets (and it never was) on: April 29, 2018, 10:06:57 AM
From starting i was also against Hardware wallet, i am always referring to use electrum or mycelium desktop wallet as it dont need to backup the full node, just download the software and install it and backup the seed key and start using your bitcoin wallet. Only thing to secure is the seed key through which you can install the software anywhere and use your wallet.

Everyone has the right to their own opinion and it is true that even hardware wallets are not perfect,but in terms of security hardware wallets are undoubtedly above desktop wallets.If you ask why,there is very simple answer-how many cases you know that hardware wallet is hacked and user is lost his coins(excluded wallets bought on E-bay/Amazon...)?And how many cases you can find that users lost coins in desktop wallets?You can find it very easily in hundreds of examples,fake desktop wallets are responsible for millions $ of stolen coins.

There is no 100% safe way to store coins,but every serious user should seek for best solution.
14386  Bitcoin / Hardware wallets / Re: Ledger Nano invalid recovery phrase after update. help on: April 28, 2018, 01:37:59 PM
Right guys. I still cant access my bitcoins..
I bought new nano s coz i thought maybe old ledger broke down. But new one says the same invalid recovery phrase.
I know all 24 words are correct (wrote them very slowly) also checked them on BIP39.
just thinking maybe i mix numbers like 5-6 or smth.

I will give 0.5 BCC if someone will help me to sort this out.
Thanks

You best chance is to read post 5&8 in this thread and try to recover your seed with posted tools or with method of attempts and mistakes.As you say that maybe you mix some words and not write them in the proper order,so try to switch word 5 with 6 if you have any doubt that this is a problem.

If we assume that these words are correct,but that is incorrect order then try to use that tools to maybe fix your seed,or download Electrum and start to play with words.I say Electrum because it is much easier to enter words there then type it in Ledger.
14387  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Eth Worth $30. Is it possible? on: April 28, 2018, 01:18:18 PM
I am hodling few coins in an exchange and do some trading. Cut losses were fine with me 'coz I'm a bit scared of high loss, I am just playing in a safety mode.

But, while many are happy with the eth's continuously pumping and traders are happy to see the market's optimistic view, I am still here waiting for the Eth to drops heavily like at least $30. So, I can buy some and will experience the fruits of eth's benefits as well.  Cool Is it possible now, to reached down it's value like that? Like hello? I've been waiting for a couple of months. Lol

Am I the only one here, in the contrary of patiently waiting for eth to dump like hell?

I think the price you expect is fairly unrealistic,and time when ETH is worth only 30$ is far behind us.You may have noticed that when BTC price is going down usually drag all coins in that direction,so to have 30$ per ETH price of 1 BTC should be very low.Possibility for such a thing always exists,but I think it is less than 5%-although some big negative event like MtGox in past would crush the whole crypto market and maybe then you could buy some cheap coins.

I have another advice for you,try to find some other cheap coin which you think to have the potential to be successful,and invest some money in that project.
14388  Economy / Micro Earnings / Re: 🔥Game Of Bitcoins🔥BTC✪DOGE✪LTC✪DASH✪BLK✪PPC✪XPM✪BCH✪ETH✪BTX🔥Best Faucets🔥 on: April 28, 2018, 12:48:50 PM
Best collection of faucets and only list which is daily updated,no pop ads/redirection or hidden mining Wink

Recently I notice some users are copy my site without any permission and questions,I think this is unacceptable behavior and that any user should not support such site/faucet owners.Some of them are even asking me to promote them in my list,obviously there is something wrong with these people.

For all users who have lists/rotators and want to remove such sites contact me through private message.
14389  Bitcoin / Press / Re: [2018-04-27] France Slashes Cryptocurrency Tax Rate from 45% to a Flat 19% on: April 28, 2018, 10:34:47 AM
I must admit that this kind of French move was a little surprised for me,from 45% to 19% certainly is not a small difference when it comes to paying taxes.They probably estimated that it is better to make this move and collect more tax,then encourage people to not pay tax-45% is too much(some will say that 55% is still good profit...).

Interesting fact is that France minister of finance Bruno Le Maire is supporter of cryptocurreny,and it seems that France president Emmanuel Macron shares his opinion.I do not know how much France government is profit from Ledger,but it seems that this company has very good profits and even Macron show support for them.

It's mind boggling that governments even dare to charge tax rates close the 50% mark over capital gains. Even 19% is still somewhat on the higher side, but compared to other European countries, it's around the lowest average.

The lowest average is 0% like in Germany, Malta, or Belarus, if we're talking about European countries. As for the 50% it's communism at its finest. It's not enough that a percentage based income tax makes people who are earning more give more to the government. There are additional tax brackets for the wealthier, to even further increase the amount. That's why Gerard Depardieu escaped from France to Russia, which is apparently less communist than France Cheesy
I always wonder why people aren't leaving the countries where they are being robbed of half or more of their income.

I know that Belarus is declare 5 years of 0% tax on all business related to cryptocurrency,but did not know that Malta is have 0% tax.Regarding Germany tax is 0% if person sell BTC after 1 year or more after buying,but I think you will need to pay tax if you have sell more then 600 Euros in one year.
14390  Economy / Economics / Re: Crypto and automobile on: April 28, 2018, 09:56:13 AM
Nowadays Japan really active in the crypto market. I think, that you want to buy Japanese car by crypto, it will be true in next few years

It is true today,people can buy automobile in Japan from L’Operaio who sells luxury cars and it is working with bitFlyer which is biggest crypto exchange in Japan.So if you live in Japan and want to buy Mercedes,Porsche,Lamborghini or maybe BMW,you just need account at bitFlayer and their mobile app,in a few seconds deal is done.Japan and the USA make the biggest progress in terms of BTC accepting as payment,and also USA is number one country by number of BTC ATMs.

Read more about L’Operaio : Japanese Car Dealer Accepts Bitcoin Payments Up to $1 Million

Official website : L’Operaio Group
14391  Bitcoin / Hardware wallets / Re: Ledger Nano S scam device from Ebay. on: April 28, 2018, 09:31:36 AM
so my case is not done. I check today does my device original or not and it is not pass that check!  https://youtu.be/hp5w6B9pDT0
"The Secure Element itself is personalized at factory with an attestation proving that it has been created by us. You can verify it by running

pip install --no-cache-dir ledgerblue

Then on firmware 1.3.1 or below

python -m ledgerblue.checkGenuine --targetId 0x31100002"
Original link here - https://support.ledgerwallet.com/hc/en-us/articles/115005321449-How-to-verify-the-security-integrity-of-my-Nano-S-
So I do not want more even hope about that device and try to refund it via ebay.
Hope my lessons and videos help not to loose money with the faked -  Ledger Nano S.


Don't USE Ledger Nano S until watch this video. Scam Alert. Part4. Not Genuine Device!

Title of your video is quite exaggerated,why should people stop using Ledger Nano S just because you bought fake one from E-bay?Hardware wallets are the safest way to store coins,although a lot of suspicions have emerged recently especially on the Ledger account.Nothing is 100% safe,so not even hardware wallet is not something you should blindly trust.

Your case just confirmed once more that buying hardware wallets from sites like E-bay,Amazon and similar are not safe,in most cases it is just too much risk for some discount-in the end it still is not worth it.
14392  Bitcoin / Electrum / Re: Electrum BUG - all Bitcoins stolen on: April 28, 2018, 09:12:40 AM
i have this problem too.
i have install electrum 3.0.3 at 26.01.2018
after 2 days i have see a output transaction and all my bitcoin lost.
don't use electrum! shit!

There are several ways you have lost your BTC,and the one that is most likely is that you download Electrum from fake site.At that time there is many fake Electrum sites shown at the top of search results and if you not careful and check site you got fake Electrum.The only legitimate site for download Electrum BTC is https://electrum.org/#home

Other way is that you have some RAT(remove access trojan) on your device,so hacker is get your private keys/seed.Electrum is completely safe if it is download from official site and if user device is clean from virus/malware.
14393  Bitcoin / Hardware wallets / Re: Ledger Nano S scam device from Ebay. on: April 27, 2018, 01:17:38 PM
thanks for your attention comment.
it was risky bought from the beginning because it cost 50% of the retail price and it was described as a new.
I am really understand that device could be somehow pre activated or so.


You still have not answered how you know what is in the box before you opened it?It seems that the sound has not been added to the video after recording.So you open box,see what is inside and then decide to wrap the box again to make unboxing video?

In fact, it is very strange that someone decides to buy such a security-sensitive device from E-bay or Amazon when there are numerous documented examples of "fake" devices in the sense that seed is already generated.The basics of buying over the internet requests from the buyer to investigate all  possibilities of fraud.In this case this was 50% lower price and probably seller which has no positive feedback.

Only with using search engine you will get many results like this :

- 34000$ Lost/Fake Ledger
- FAKE Ledger Nano S unboxing
- Ledger Nano Ebay Scam
14394  Bitcoin / Bitcoin Technical Support / Re: BTC Segwit Address not recognised by my Ledger Nano S Wallet on: April 27, 2018, 10:13:52 AM
To summarize it:

You have clicked on the 'receive'-tab on your chrome application, verified the address is correct (on your nano s), scanned the QR code and verified the address again?
And now you don't see the address in your nano s (and balance is also missing) ?

Is this correct? This seems odd. Are you sure you are still using the 'segwit-wallet' of your nano s (and didn't accidentally click on legacy) ?

OP say "I never copied or pasted the address, I took a photo of it and copied it correctly (checking 5 times before sending)",and I think this is where is problem came.Even if he say checking 5 times before sending,only one character wrong and this is not identical address.

I had a problem with missing transaction on Ledger app,but it was because I use one of the address from Sign Message option which is not visible to Ledger Bitcoin App,but it was still there and with increase gap address limit in Electrum problem is solved.

It is not possible that address is just disappear like it was never part of that seed...

OP it would be good to post that transaction and photo you take with that specific address.
14395  Economy / Economics / Re: Crypto and automobile on: April 27, 2018, 09:10:17 AM
I'm just curious when can I start buying my dream cars with altcoins, I mean can huge automobile companies like Toyota, Ford and Nissan start accepting cryptocurrency as means of exchange

You can do it today if you have enough BTC,for instance if you live in USA there is some car dealers who will gladly accept your crypto.For Europe it seems to be only one one car dealer in Italy for now,but somehow it seems to me that this information is incorrect.

However it will take some time that payments with cryptocurrency become commonplace practice,maybe in next 5-10 years you will not ask such question Wink
14396  Bitcoin / Hardware wallets / Re: Ledger Nano S scam device from Ebay. on: April 27, 2018, 08:26:19 AM
Today I received my Ledger Nano S from ebay. So guys from Latvia try to scam me with pre activated Nano S. He gives me fake cards with manual. The funny that they need send SMS to +33 753215393 with my device number and then I receive PIN and 24 seedphrase. I shot video with unpacking that device - https://youtu.be/rFrNC8p7akc . Only two cards instead of originals.
So my question what have I do? Is the new passphrase genereting (reset or reprogram) is enough in my case. If anybody needs I can screen and upload fake manual.
These guys from Latvia-Riga try to scam me.

Why did you go to buy such a device from E-bay,when it has been repeatedly warned that only safe way is to buy only directly from the manufacturer?Did you want to make some kind of test to see what will happen or it is just ignorance?

I notice that even before you unpack Ledger,you were completely aware of what was happening and what is in the box,so how is that possible?

Regarding of using that device,I would not use it personally even though it can be reset to factory settings.There is suspicion that the seller has modified the hardware,in short let's say you threw money in the wind.
14397  Economy / Economics / Re: A government can create a cryptocurrency ? on: April 26, 2018, 01:42:53 PM
Governments around the world work on creation of national cryptocurrencies,some have done it a few years ago-some do it now,and some are preparing to do that.This is nothing strange if we take into consideration that money is becoming more and more digital,and with time paper money and coins will become history.But all this crypto supported by the governments is nothing else then regular money in digital way,unlike BTC which is decentralized.

As I see it one day we may just convert our fiat currency to cryptocurrency,but the world is not ready for it yet-all this we see are just experiments.Some interesting cryptocurrencies which are allegedly associated with some countries are described in this article : Which Countries Run National Cryptocurrencies?
14398  Bitcoin / Bitcoin Discussion / Re: 17 million Bitcoins in circulation in 3.. 2.. 1.. on: April 26, 2018, 10:52:47 AM
I think we can now say that 17 million of BTC is mined and only 4 million is left,it may seem to much but it is not actually.Even though it will take more then 100 years to all BTC is mined,almost 99% will be mined by the year 2032.It's a big success that we have reached this point,although it may seem unimportant it is something what does not happen every day.It will take around 555 days from now to reach 18 millionBTC mined.

14399  Bitcoin / Electrum / Re: Bitcoin/Bitcoin Cash match from fork Aug. 2017 on: April 26, 2018, 10:19:47 AM
Thank you guys!  Grin
It worked fine  Smiley So you can do this with BTG bitcoin gold also?

So should i stick to my new seed on the Electrum wallet or can i move back my btc to the old seed?

Your old seed should not be used for Bitcoin anymore,you have new one and you use old for claim BitcoinCash.That old seed is only good for claim other Bitcoin related fork coins(at time you have Bitcoin in old wallet), and you can use it to claim BitcoinGold.

There is beta version of BitcoinGold Electrum wallet what would be the easiest way to claim this coin,but it is still in beta version and it is not recommended to use it on mainnet.However you can try it from this link : BitcoinGoldElectrum

It is the same thing like BitcoinCash claim,just use your old seed and wait for wallet to sync.
14400  Bitcoin / Bitcoin Technical Support / Re: BTC Segwit Address not recognised by my Ledger Nano S Wallet on: April 26, 2018, 09:43:13 AM
Please answer the following quetsions (to make it easier for us to help you):


  • What versions are you using: Nano s firmware, bitcoin chrome application, bitcoin application (on the nano s)?

    I'm using firmware 1.3.1 - I have not updated my Ledger yet in fear of losing anything. I'm also using the standard Chrome Apps.

  • Did you verify the receiving address on your nano s when clicking 'receive' in the bitcoin chrome app?

    Yes

  • Does the address show up under 'Options' -> 'Tools' -> 'Sign message' from the drop-down menu?

    No

  • Did you verify wether the copied(?) address from the receive-tab matched the address when pasted (to eliminate clipping malware)?

    I never copied or pasted the address, I took a photo of it and copied it correctly (checking 5 times before sending)

  • Is this the 'first' time you are using your nano s? Did it work (without a flaw) previously?

    It worked fine when others were transferred on the same day (I also transferred BCH & LTC which were received ok).


If you have 24 seed words than you should update to latest firmware because of security vulnerabilities which have been found.Maybe with new firmware your problem can be solved,but I doubt this because of what you wrote.

If address is not show under option "Sign Message", then it is not part of your wallet,and this we can conclude by the fact that you admit you never copy/paste that address which is usual and safe way to do that.You take that address in a photo,and then you typed it manually in the wallet from which you sent BTC to Ledger Nano S.

If this is not a problem with wallet sync or outdated firmware,then problem is that you typed that SegWit address incorrectly.
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