Well it's sure convenient to just using one address to contain all crypto,we don't have to create a separate wallet for each of them.But,in my opinion,like the term in trading,don't put all your egg in one basket.If there's a problem with that wallet,you'll lose all your crypto in one go.
"Putting all your eggs in one basket" fits more when talking about investing. But when talking about storing and securing your investments, "putting all your eggs in one basket" shouldn't be a problem. Even if your wallet gets some kind of problem, you're going to be fine as long as you've backed up your recovery seed; then you can access your funds through other wallet software. |
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Good for you.
Though we have a reputable wallet exchange here in our country(pretty much like Coinbase), bitcoin is mostly seen as a investment scheme here. Ponzi schemes are everywhere here in Asia, so yeah, so is "bitcoin investment" schemes, unfortunately. A poor country with lots of poor people, hence a hotspot for these types of schemes.
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If i will be given a chance to do a project with cryptocurrency then i will be making an all in one digital wallet for all crypto that includes bitcoin and all altcoins using same wallet address...
A wallet which does create the same address for each crypto currency is not possible. (Almost) each cryptocurrency does have its own address format. What you might be refering to is a wallet which holds private keys for multiple cryptos derived from one seed. This is possible. And it does exist. Exodus is such a wallet. But note that quite a few people have connection issues when using exodus. It also just had a vulnerability discovered which allowed an attacker to dump the private keys out of the RAM once the wallet was opened. I am not sure about which versions are affected. The ledger nano s does also support multiple cryptocurrencies. And in addition to that the private keys (and the seed generation) are secured by a secure element and a 2-FA through the buttons/screen. Once they release their native application, you will be able to monitor all your holdings in a dashboard. It is only a good concept if possible to make a project like this because if this will be possible then it would be a revolutionary digital wallet for all cryptocurrency. As we all know that technology nowadays are really good and sometimes we could not go deeper on it and the only expert can tell us if this is possible. We are digital nowadays so there could be an application and i was thinking also of a conversion to all digital wallet who had been created will be connected and link together for a unified digital wallet. This will be awesome for sure. I'm going to say it again for bob123. Thought it's a good concept, it simply is not possible. You can have only one address for all ERC20 tokens, but nothing else. Most coins differ in architecture. It doesn't take an expert to know that this isn't possible. The best we could have is a wallet like exodus like bob123 said, whereas you use one recovery seed for all coins/tokens; which is good enough in my opinion. Why would you want one address for every single coin/token anyway? Though it may be more convenient, it's a huge privacy headache. |
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Time you need to wait to get approval is heavily dependant on registration time. I mean if you try to use this guide in times of a bubble, multiply this times provided at least 10 times. If its time without bubble like now, you have quick times like you tested already  Exactly, just as I was trying to say on one of my previous replies. Sure you probably registered at early in the morning on your country, but it might be night time/midnight on the exchange's timezone. But yea, it's still a cool experiment nonetheless. Many exchanges can only have 2fa, it is safe and withdrawals are not affected, they can trade normally, but the amount of withdrawals on the day is relatively low. For me, investment is not enough, basically enough. And I'm more and more fond of decentralizing exchanges. I only need one address.
What. |
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I've been a victim of a scam airdrop they hacked into my wallet and stole my eth with my HBZ token please be careful of some airdrop
Because you shouldn't be giving them your private keys in the first place. Why would you, anyway?? It's like them saying "hey I have this FREE cart of groceries for you, but for you to receive it you need to give me your bank credentials". And surely you did give them your credentials. Like what the hell. Educate yourself before getting into these markets. |
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We as a community are very fortunate to have someone like Andreas. He has such a deep, thorough understanding of Bitcoin and cryptocurrency and yet he manages to explain Bitcoin so eloquently and makes it very easy to understand. I highly recommend anyone reading this thread watches the video, very worth it!
I actually like Andreas' content so much that I actually fear the day that he goes full villain mode (hopefully not). Honestly if there was a bitcoin jesus, Andreas should probably be the one and not Roger Ver despite Ver's huge contributions to bitcoin years ago. |
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I wouldn't use any online tool to upload and edit your private documents. You should always assume any online service keeps records of everything you upload. For some reason I actually forgot we were talking about personal documents. I got used to using image optimization on stock images for websites all day so suggesting an online tool was kind of a reflex move to me. My bad. Edited my previous eply. |
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Great test, to know which exchanges are actually quite fast in processing their data; even though the data might be quite inaccurate due to multiple possible reasons(e.g. exchange X might have employees for KYC in a different timezone, hence a half day difference in speed). Though I'm definitely going to watch this topic for a bit. Mind doing one for COSS[1]? Exchange is quite new, and I'm curious how it will go against these bigger guys.
[1] https://coss.io/Coss will be the next one for verification! (though it gives me headaches - the limit for filesize is only 1 MB (!) and i am going to need an english written & notarized proof of residence) Great! Appreciate it. I suggest using an image optimizer like imagesmaller[1] for this. using an picture editing software like paint or Gimp to decrease the image size to decrease the filesize. Best of luck, and thanks again. |
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No you can't have access to a wallet without your private keys. If you could, then what's the point of having private keys? Unless you have your keystore/JSON file. If you have no any sort of backup, then yea you're fukt.
edit: typo
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MyEtherWallet phishing sites or phishing sites in general is definitely not new. Though them actually trying to get your KYC information? Probably to potentially steal your identity for potentially social engineering hacks is something else. A pinned topic on phishing sites should be placed here in the beginner's section.
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For the Andreas Antonopoulos fans out there that hasn't watched his latest video(uploaded June 2, 2018), it's definitely another must watch. Take a look, a lot of good quotes in it to: https://www.youtube.com/watch?v=6xIq0FdmsIA (39:18) |
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Just ask, don't push it, if they want fiat give them fiat just ask them if they know about Bitcoin and make sure you don't fuck them.
This. Don't be that annoying bitcoin advocate. If they said no, don't go like "but muh magic internet money". If they asked about what bitcoin is, then say your elevator pitch and simply hope it sells. |
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Your question has been clearly answered by multiple people here in this thread. Is there anything else you want answered specifically?
I have been asked to do a legal research on the Bitcoin so I want to hear some personal opinions. I tried to find an evaluation or a percentage of those who use these mixers, but I did not see anything. Well it's pretty difficult to have an idea on the percentage of people using mixers unless these top mixers would make their data statistics public (which I'm quite sure they won't). |
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As for the ratio of evil to good,
So you are promoting an evil service.
Cut
Cut
My question was curious because most of the ads here are about mixing services. Chipmixer/Bestmixer Yes. Bitcoin mixing services do advertise here on bitcointalk through ads and through signature campaigns, since this is a bitcoin forum hence they might get more users through advertising here. Your question has been clearly answered by multiple people here in this thread. Is there anything else you want answered specifically? |
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Great test, to know which exchanges are actually quite fast in processing their data; even though the data might be quite inaccurate due to multiple possible reasons(e.g. exchange X might have employees for KYC in a different timezone, hence a half day difference in speed). Though I'm definitely going to watch this topic for a bit. Mind doing one for COSS[1]? Exchange is quite new, and I'm curious how it will go against these bigger guys.
[1] https://coss.io/ |
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Yes, I've heard that all merchants and airport terminals accept a few digital things, such as bitcoyne major, sprint, aetherum and steem, which makes it one of the most friendly airports with crypto currency in the world.
I'm pretty sure there isn't a named "bitcoyne major", "sprint", and "aetherum". I don't even know how you could even misspell them THAT bad. And yea, I'm also pretty sure Steem isn't being used as payment anywhere. |
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I wonder how it works on their side though; on how much confirmations they require per transaction before actually making it valid.
Since they know who you are then this should not be a big deal. In case the transaction dropped from the chain for a reason or another they can contact you and ask you to repay via cryptocurrencies again or via fiat, this could be done for every merchant, giving something that grants the payment will be done, btw waiting for at least 1 confirmation should not be a problem. Well that makes sense. Though actually not every stores actually know you are since I'm slightly sure not all merchants on the Brisbane Airport requires some sort of identification for you to purchase there. Probably 0 confirmations for small purchases and 1 confirmation requirement for more highly valued purchases. |
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Just to add to what pooya87 said:
Though probably majority of the coins being mixed are used in some sort of illegal way, not because you want your privacy to be increased doesn't necessarily mean you're doing something illegal. Me personally, since bitcoin's blockchain is public, I definitely wouldn't want people knowing how much bitcoin I have. Just as you probably wouldn't want people to know how much money you have on your bank account.
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I personally don't think it will replace exchanges per se, but both will coexist. If I'm not wrong, atomic swaps are pretty instant; hence missing the feature of putting up buy/sell offers on specific prices, stop orders, and such. Pretty much the order types that are present on exchanges.
Not 100% sure. Correct me if I'm wrong.
the problem that i see is that you may not be able to fill half an order. for example if i want to buy 10 LTC some other person has to sell 10 LTC to me not 9 or ... That doesn't sound good at all. But knowing that I wouldn't need KYC and stuff, I'd personally still use it. How are prices decided anyway? Through scraping info out of APIs like Coinmarketcap? Or are people just going to set exchange amounts? e.g. Setting an offer like 1BTC for 0.015LTC or something. I definitely need to research more on this. |
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Article Link: Brisbane International is Now the World’s First Crypto-Friendly Airport ( https://news.bitcoin.com/brisbane-international-is-now-the-worlds-first-crypto-friendly-airport) I wonder how it works on their side though; on how much confirmations they require per transaction before actually making it valid. But anyway, this is a great solution due to people from airports holding different kinds of currency. Like if I were to go to a foreign country, I could use bitcoin to purchase stuff from the airport instead of needing to convert my local currency to the foreign country's currency. |
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