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I liked the idea about the way that BTC works,first time we have money which is not under control of banks and governments,and everyone can use it anywhere in the world.For me BTC is real money today because I can pay some things,but also very valuable asset that can provide a better life for me in the future.
It would be great that BTC becomes a means of payment everywhere in the world,so we can use it in everyday life without conversion in fiat.It is good to see that more and more retailers accept BTC,unfortunately some give up of BTC because of high fees and slow confirmation,this is something developers must resolve for the future of BTC.
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1MGbgb3ZraE3pyRk9CrD8Q2XsBHmUJMAmy -----BEGIN BITCOIN SIGNED MESSAGE-----
This is Lucius from bitcointalk.org , today is 10.12.2017 and this is my old BTC address.
-----BEGIN SIGNATURE-----
H2o+CFFyy3MBJOR/tn5SnROArc8xpJi2DHukduWacIlEFi5dXIDp+9UFadDkjJZALe8Ldmjjnrb7CibG4SBGZjg=
-----END BITCOIN SIGNED MESSAGE----- First time signed address here : https://bitcointalk.org/index.php?topic=996318.msg19713071#msg197130711DAyhP7fFDqvNhtgh934WERFZ62ixixQ27 -----BEGIN BITCOIN SIGNED MESSAGE-----
This is Lucius from bitcointalk.org , today is 10.12.2017 and this is my new BTC address-only this address is valid and can be used as proof of ownership of this account.
-----BEGIN SIGNATURE-----
H1fGqhcKyH3v5q/bNzdWTd9DfYgUFrDKwd7NEPpxZOhCHDpTHTtIQxJsItX7APvF5NnY/2GFr2Q0UDkX78Hbe6k=
-----END BITCOIN SIGNED MESSAGE----- Thank you for quoting and verifying. |
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It is certainly good news that something positive happening around Lightning Network,but is still unknown when it will be implemented and when it will experience its full use.I hope we will not see similar development situation as with SegWit which is there for months but has not yet fully come to daily using.
I think that Lightning Network&SegWit are best solution we have in this moment and they can solve BTC scalability,but on the other hand miners certainly do not look to happy to lose profit from high fees.Since they have too much power in their hands to full use of this solutions we will probably have to wait for some time.
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I'm not very decided yet. On the one hand, hedge funds and speculators are now very easily able to bet against Bitcoin, on the other hand, futures can also help stabilize the price and thus improve its mass suitability. But again to the former point. There are many in the financial world who hate Bitcoin. What if a hedge fund bets $ 500 million with a leverage of 100 against Bitcoin. With a current trading volume of $ 5-8 billion a day, a $ 50 billion short-bet would have a huge impact and probably would let collapse the Bitcoin price.
I am personally hoping that Bitcoin Futures would not be a big threat to the continuing growth of Bitcoin since this is a different investment vehicle compared to the traditional ones we already have in the market. Let's see how the market would be behaving when the futures open in coming days. There is really an apprehension coming from many that futures may destroy or at least limit the future of Bitcoin which I hope will not be.
In my opinion bitcoin futures from the whole point of view does not look too promising for BTC,and will probably only bring more manipulation possibilities.Big players with large amounts of money in theory can do whatever they want, and since BTC market unlike some others is still quite financially weak, it can be easily manipulated. This will be just another test for BTC,this time against the biggest players and their eternal hunger for profit.Do they look at BTC as something that can generate profits in the long run for them,or something for quick profit? |
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We all know that this year we experienced bitcoin surging up so high from $1k in January then on this month of December it almost touch up to $20k. So, do we have to expect more on Bitcoin just like this in the coming years that will go through?
For me I think I will be positive as this years has and hold the Bitcoin that I have right now.
From 1000$ to almost 20 000$ in one year which has not ended yet is truly remarkable achievement.What can be expected in the following years is a question that many ask, and there is a great deal of speculation and anticipation.The majority comes from big investors like Mike Novogratz who say we can see 40 000$ in next year,or John Mcafee which claims that the price of one Bitcoin will be 1 $ million in 2020. But to progress further it is necessary to solve BTC scalability problem,high fees and unconfirmed transaction is something that prevents BTC to be even more successful than today.That is why I think it will be one of the main factors that will determine what people are most interested in, and that's the price.We have SegWit and soon we should have Lightning Network,I hope they will solve scalability problem. What will be the impact of bitcoin futures on BTC we'll find out soon. |
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Hi everyone. I tried to sweep about 20 mbtc from my blockchain.info wallet to electrum, but when trying to sweep, electrum showed I would receive only 16 mbtc. The 20 mbtc is the total balance I have in blockchain.info wallet. I wanted to sweep the entire amount. I didn't go through with the transaction though as I'm not sure why I would be receiving much less than my entire balance. I'm using the latest Electrum 3.0 wallet. By the way, I'm a newbie, and would appreciate less bitcoin jargons.  Can anyone help me understand this and give me some tips. Thanks in advance for your help. When you want to sweep your private keys in Electrum it is like you send them in transaction,only difference is that you give Electrum option to send transaction for you from one or more private keys in single transaction.In this way your BTC will be send to a new generated address in Electrum but for that you need to pay fee.The difference you see in your blockchain wallet and final balance in Electrum is fee you need to pay for sweep. You have option to continue with sweep,to send BTC direct from blockchain to your new address in Electrum(I think blockchain wallet allow manual fee)or you can import private keys in Electrum and not pay fee.But if you import private keys then they will not be included in your wallet protected by seed.For more info read Electrum FAQ : http://docs.electrum.org/en/latest/faq.html |
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Where is the best place to Invest Bitcoins... I would like to know your opinions.
Thanks!
HelpMyWallet
If you want an honest answer on this question then there is only one,invest in good hardware wallet and keep your coins there for next 5-10 or more years.What you will get in this way is complete safety and probably a very nice profit after some time. Invest your BTC in some mining sites,ICO,or trading is the way most of people lose everything sooner or later.If anyone still decides to invest in something all needs to be thoroughly checked,there is so many good looking projects but most of them are just SCAM. |
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Long story short I was able to get my hands on my old system today. Recovered the HDD to find ~8 wallet files. Some or all may be worthless, some may contain upwards of ~50BTC.
None, however, are able to be imported properly into electrum. What is the best/easiest way of repairing wallet files? I have a number of them that simply state 'cannot read file' when being imported into electrum, some of them crash the client, and one produces the following error:
"Cannot load wallet: 'charmap' codec can't decode byte 0x8f in position 13: character maps to <undefined>"
I cannot say what version of electrum these were last created or run on, but I do know they are all electrum wallets. Any help will be greatly appreciated; and if anything is to come out of the 'hunt' here, rewarded as well.
In what Electrum version you try to restoring that old wallets files?After 2.0 version some things are changed in Electrum and that old wallet files may not work in latest version.You should try to download 1.9.8 version https://download.electrum.org/ and then import files. Do you have seeds from this wallets and are they password protected? If you do not succeed with importing wallet files in 1.9.8 version of Electrum you can try to get your seed from files you have.This is one way I've found and I hope it can help you : https://bitcointalk.org/index.php?topic=553096.0 |
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Hi there and good evening. I am getting quite frustrated by this problem as I am trying to move BTC out of my wallet in order to claim my Bitcoin Cash, but just sending my funds to another wallet is giving me a headache! So, if you check out the image below you can see what I mean, so I selected the max amount to send and have the lowest fee selected, that is all good, but the problem lies in the numbers. So you can see at the bottom that I have 0.33745BTC, but the max amount I am able to send is 0.3172592. This in no way correlates with the sending fee of 0.0001908, which if taken off of my actual savings would leave 0.33726BTC still to be sent. At the moment the fee it shows is actually around £2 but if you look at my savings amount and the sending amount I would be losing out on around another £200 for my troubles.  It would be nice if someone could help me with this situation as literally all I want to do is transfer from one Electrum wallet to another without any ridiculous fees!! I know for this "problem" because I also try to send max amount and empty my wallet completely.Do not use "max option" but first decide what fee you want to pay for this transaction.You have 0.33745 BTC and let's say you want to pay a fee 500 000 satoshi,so just type that amount in fee window and type amount for send 0.33245 BTC.In this way you will spend all from your wallet and it will be with 0 balance. How much fee you will pay depends of your transaction size,number of inputs and outputs and how fast transaction you want.Maybe there is some other way to do this,but it is work for me and it is quite simply. |
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The situation is getting worse as i see. As stated by a lot of people, the transactions are increasing because every bitcoin holder is trying to sell a portion of their bitcoins seeing the big price, and because of that, the network is getting even more overloaded with unconfirmed transactions.
In my case, i have tried accelerators as well from this forum or outside, nothing worked so far. I'm not actually desperate for getting profits or selling because of the high price, but i need the money urgently. I was also thinking of making another transaction leaving the current transaction in the network and let it get confirmed later on, but the fees are bothering me again. I'm having to pay around $50 for the transaction which a lot for me.
Unfortunately block size in combination with high fees again causing big problems,only thing we can do now is wait like many time before.It is strange that we have SegWit but exchanges/wallets providers in generally still do not use it.Allegedly Lightning Network is in the final stage of testing and this in combination with SegWit would mean that such things not happen anymore. To some such kind a development is not good,and of course they are miners which in the current situation generate extra profits while users competing who will pay a higher fee and get transaction confirmed.One thing is for sure,something has to change in order to fix scalability of blockchain. |
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I have a bunch of mining proceeds on a hot wallet. About $3000 US but it is comprised of a ton of small transactions. I was going to move it to my trezor after being spooked by the nicehash incident. Using their recommended fees it was going to be $1000 to send.  . I am no rush for this I don’t care if it takes a week. What kind of sat/byte should I choose? This is not good time for send such transaction because fees are too high now and there is over 200k unconfirmed transaction.Even if situation is "normal" you still need to pay high fee just because of too many inputs as you say. On bitcoinfees.earn.com you can see that recommended fee is 460 satoshis/byte and for 226 bytes size transaction you get 103 960 satoshi fee.So you will need to know size of your transaction,can you check it before you send your BTC? I suggest you to wait that this situation calm down and then use some "normal" fee,and also use some of transaction accelerator if you want to speed up the transaction. |
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Hey,
could someone accelerate these two TX?
They are already pending for 20 hours - even tho they have 100sat/Byte fee. I already tried confirmtx and viaBTC - but that didnt seem to help.
6e492f11d7e29b05172d9820ccd920070ec3d2c664c5816f0f245fc12f22137b
401eda0d6192721f8a774d6f1680d0ab8c795bdaecb06908e5ebb9a516ce66d9
Your pay 2.88$ fee for first transaction and you send over 2 BTC,do you think this is enough for fast confirmation?I do not know what message you get form ViaBTC accelerator afrer you submit your tx but they accept only 100 transaction every hour so you must be very precise and accurate. From what wallet you send BTC,do you have option to increase fee maybe?There is many users who offer transaction acceleration in Services so you can check there. I will try to use ViaBTC in right time and see will I have luck  |
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Hi thanks for that information.
How long did it take for you to receive it when ordering it? I like to know from those people in the US
Also where would you guys keep the 24 word phrase? The thing is if you write it down on a piece of paper and put it somewhere in your house/apartment, if someone was able to find that piece of paper, then it doesn't seem that safe right? The other thing is would it be a good idea to have 2 copies of it... like one in your apartment and one somewhere else? But where would be the other place? The other thing i thought of would be what about having 12 words in place... and the other 12 word in another place. That way someone can't get access to your 24 word phrase right? But where would be the 2 locations you put it at? The other thing i heard was do not type in your seed on your computer etc. However what if you type it in some program like keepass or something like that? Because that way, the only way someone could find out your seed would be have access to your keepass file... but also need to know the master password. Because if you do it that way, then the piece of paper with the 24 word phrase isn't going to be in a physical location. Thoughts on that?
You can check how long it takes to device be delivered to you just by go on Ledger/Trezor site and do all steps like you will buy it,there you can see what is delivery time based on what shipping you chose.In Europe for standard shipping it is from 7-14 days for Ledger. Regarding seed,it is up to you in what way you will keep it.It is smart to divide seed in 2 or 3 individual part and put it in different places taking into account that you know the exact sequence of word entering.Never keep your seed/private keys on any device that has access to the internet,even if you encrypt such file.You may have keylogger or RAT virus on your device,and as soon you decrypt you file hacker can get access and game is over for you. |
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I tried restoring my seed on to a Ledger Nano S. Out of the four coins I have stored BTC, LTC, DASH, and BCH, only BTC shows up. This is exactly what I've been worried about.
I never trust technology (I'm a programmer), and I've now proven to myself that restoring from a seed is not as straight forward as everyone says it is.
Then I believe that you've done something wrong during the restore, or while trying to "find" your coins. I've restored my Ledger Nano S... and all my BTC, BCH, BTG, LTC, DOGE and DASH history and coins have been available after a restore... Just to double check, you installed each "app" to your Ledger Nano S via the "Ledger Manager" Chrome app (most likely having to uninstall an app or two in the process to fit them all on)... and then you opened the (somewhat confusingly named) "Ledger Bitcoin Wallet" Chrome app, entered your PIN and then selected the appropriate "app" for the coin that you wanted on the Ledger Device? For good measure... I just restored the Trezor again as well... and all my BTC, BCH, LTC, DASH shows up there too! I have recently purchased Ledger Nano S and I was expected that if I install application for LTC that I will see that application in Chrome app,but there is only one app as you say,and it is confuses people so they think that only BTC wallet is installed.I hope they can make it more user friendly in future. I did not use any tools or anything like that to check my seed,just checked few times every word to be sure I have the right words. Kruddler are you now see all your coins in Ledger? |
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Holding BTC on any online service is actually the greatest possible risk to which users today are exposed,and this is not last time that such things happen.Here we must take into consideration that this may be inside job some of the employees,or they just send BTC away and say #we are hacked".
I do not know do they have some way of insurance to pay users although I doubt it-users will likely stay without theirs BTC, but maybe they learn that such services are SCAM in one way or another.
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I really do not know why someone wants to open such thread with this title "The Bitcoin CRASH is coming!" when after every price increase or pump we have price correction,which is quite normal.Besides, everyone has the opportunity to profit from this pump,old investor or people who bought BTC just few days ago.What exactly will bring bitcoin futures and how will this affect on BTC long term we can only speculate.
I think bitcoin proved and showed its resistance and strength through the years,another correction will mean nothing.Anyone who thinks otherwise sell BTC for fiat or buy some other coin.
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Recaptcha
Solvemedia
Like solutions are based on clicking image or entering text in the field which is really time consuming and labor intensive. I can still remember once I spent over 5 minutes (with some breaks) to solve recaptcha click all images captcha to login in one of my account, which I think nobody wants.
So now on topic, do any of you know captcha solution better than recaptcha and based on cryptography or blockchain? I know about coinhive proof of work captcha but is this secure to use in sites?
I agree that reCaptcha can be big problem,especially in case if you solve to much of them on a regular basis.For 2-3 months I have big problem with them,it was almost impossible to solve them,and last few days they become very easy.Maybe xx e-mails to their captcha help service have something to do with easier captcha. I know there is few interesting captcha which are not based on clicking or text input but on slide to validate which is much easier.One captcha is is called GeeTest and the other is BitCaptcha.In first you just need to move slide and set it in right place,in second you need to click on moving ball/circle.There is also one more captcha based on slide to validate and it is much easier then GeeTest,just need to slide from left to right-but I do not know how it's called. |
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Correction of price is something that will happen regularly after big price increase,and it should not be seen as something bad but on the contrary as good thing.Slow growth is always better and healthier,but for traders such big pump&dumps are an excellent opportunity for profit.
What most people are interested in, is the moment in which the correction will take place so they can dump BTC at the highest price and then buy when it reaches the lowest level.Next correction may be at 13k$ or 15k$,only one big whale dumping his coins could be causing this.
Nothing new in CoinDesk prediction,I also think that we should not go lower then 9000$ on next correction,and it would be good if we can get strong resistance at 10 000$.I would be happy if we end this year with 10k$ and then go strong in next year.
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Unfortunately these things happen and will continue to happen in future.Situations like this can be avoided with better education of employees in state and private businesses and also with backup of all important files.If they do backup then the data could be returned and ransom would not have to be paid.Now they have to deal with the problem and take the risk to pay ransome,maybe this is the best thing to do.
I think that in such situation should be reconsidered responsibility of person due to which this has happened,maybe in case of fines and dismissals at work people would pay more attention on what they click/download.
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Even today with current price most faucets pay very low reward, at the moment when the owners are trying to find a balance between income and expenses.Most of them use hiden mining script to increase income,but since many antivirus software block it this is not long lasting solution.
As price go up rewards go down,and with 50k$ per BTC I do not know if there will be any faucets.But people are resourceful and they will maybe find the way how to continue run faucets.I think that such big price will attract even more users in cryptocurrency,and they always seeking the easiest way to get some free coins.
Faucets are nice way to start and exploring how cryptocurrency is work,free coins will always be free coins no matter how small the amount is.Just remember few years ago at BTC price of 200-250$ you can make 200 000-500 000 satoshi daily very easy-convert that in today price and you have 25-60$ per day.
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