In fact it would be best if those holding such ancient coins would move them into newer wallets, to avoid that infamous attack some people keep predicting, precisely against Satoshi's coins among other early holders.

But it could be that Satoshi isn't there to move them anymore, or lost the ability to do so.

Also even if you were Satoshi, why sell them all? Just sell a bit for living expenses, i don't get why people keep thinking its always an all or nothing.

The normal attitude when you have money that doesn't lose value over time, is to only spend what you need, and keep the rest.

Why would you get in "panic", if "Satoshi" decided to sell, say, 10 ₿ for living expenses? Well despite the fact of announcing the world that Satoshi is still out there...

Good move, but i wonder if she learned about keeping it in her own wallet, rather than on Binance's wallets...

Something tells me, that latter part was probably not conveyed. Americans would do well to save their wealth in something not fiat, that could lose value suddenly especially when politicians print like there is no tomorrow.

There is of course the indirect exposure of having such figures talk about Bitcoin. I'm surprised she didn't end being led to bnb, or is that unavailable for the US?

They cannot. This is unrelated to Bitcoin, as Bitcoin isn't "American". Even various countries banded together to attack Bitcoin, they would not succeed. Annoy yes, but not destroy Bitcoin. It was designed to resist such a thing since the beginning, when it was though all the govs and banks would go against it (they didn't).

Funny thing is, if China went to war against US, they wouldn't attack Bitcoin. They use it too you know? I don't see what makes you think Bitcoin is somehow American, when many American politicians and bankers and rich people hate it...

Attacking Bitcoin is costly, and the more you try, the more you spend. It would bankrupt your economy before you could achieve anything. So forget it.

Lightning Network is only intended for one small subset of use you will rarely every do: Instant payments. The infamous coffee purchase.

Most payments can wait hours or even a day or two, you can do that with regular on-chain transactions just fine. For this picky crowd that somehow can't seem to organize themselves enough to pay in advance or such, this invention was made. I guess its better than exchanging for an altcoin or using a high fee.

Fortunately its optional. You don't have to use it, ever. Most transactions won't be made using LN, and its creators recommend it for small amounts anyway.

Its not that the paper is wrong, but the idea of printing the private key on it is very dangerous. Thankfully they were replaced with seed words which are better.

You use your hands rather than an electronic device, to write the words in the paper, and secure it very well. The wallet can recreate the private key from those seed words. Of course the whole thing should be made/handled in an air-gaped computer using a secure OS etc.

So now when you want to cold store your coins, you do just that. Create a wallet, write those words, print/copy the addresses so you can send funds to, and delete the wallet. Your wallet can be recreated at anytime, and you can send funds all you want safely to it, you can monitor it in read only or with a blockchain browser.

In short, its the modern, safer version of it. Private keys should never be handled directly.

I don't know about China (apparently its seasonal), Iran is another place with cheap electricity, but sometimes you get people from other countries with "free" electricity, either because they invested in renewable, or perhaps its the owner of a power plant with excess production, etc. I have also heard about Russia and even Mongolia before.

Of course the bigger the operation, the more money you need and longer ROI.

So for most people the answer is no, unless they have nearly free electricity.

Ever heard of Mercadolibre? Or, i don't know, delivery? How about bank transfer?, if you live in Venezuela you would know bank transfer is one of the few methods of payment after banknotes got scarce before they invented that sms pay thing. And how long do you wait for a bank transfer? Is it immediate? Oh no it isn't, not unless you and the merchant happen to be in the same bank, good luck with that.

Its not my fault you just go to the kinds of business that expect instant payment. I repeat: Stop whining, plan ahead. Pay in advance, or open a tab with the merchant...

Bitcoin is 11 years old where have you been?, are you with the Randy troupe? You would fit well with them...

Bitcoin as it is does not realistically work for instant payments, that is OLD news. If you were telling people otherwise, you were misguiding them. Bitcoin excels in anything that is not instant payment, which is most things anyway.

What, you never went to a place without the point of sale working, because cantv (or corpoelec) is down again? No credit card (because none work); no cash (because you would need bags of it) and you just finished your restaurant meal and all you have is money in the bank, what do you do and what does the owner do?

Up until last year, payments with foreign currency were illegal. This situation is OLD, and "normies" here started learning Bitcoin and altcoins since 2017 after the gov tried pushing the failed Petro.


Most purchases in Mercadolibre take various days, no seller ships after confirming their money was transferred into the bank or some other method like going physically to the shop to use a debit card. One day, it occurred to me to ask the seller if he would accept bitcoin, he said yes and one hour later the 1 sat/B transaction confirmed and i picked up the item.

It is you who lack experience using 1 sat/B. Its normal to take a few hours, more rarely a day, but sometimes they pass even under one hour. This is why the things you say come from ignorance and or lack of experience. So start using it properly rather than bashing things you still don't fully understand.

Face to face is no different, you are just wasting time going physically to a place that won't give you anything until the bank transfer is confirmed. But sure, you go, ask the amount and bank details, go back home do the transfer and wait until they confirm so you can go pick it up (or they deliver it to you).

Venezuela has long dropped instant payments anyway, except for the select few with foreign currency. Without credit card and often failing rapidly disappearing debit cards, its just bank transfer and the sms thing if you are lucky. Only last year things moved a bit once they allowed foreign currency use.

Most people would have waited longer ANYWAY.

I guess you need to re read your own words in bold then?


This is a blatant lie.

Says the newbie who can't even find out where to set the transaction fees in a wallet... Get a clue.

This is false. Again, ignorance. Any fee above zero will get confirmed, eventually. Only zero fees are dropped, and even when some nodes may drop low fees, other nodes pick them as long as they are not zero, which means, they will get confirmed. Also, the (decent) wallets keep trying. There is absolutely nothing to worry about unless the sender has malicious intent of double spending, which is why you must always wait for one confirmation. Once one confirmation occurs, the rest come quickly. I didn't say accept no confirmation transactions, i did say WAIT.

Again, you are wrong and are spreading a lie here. No broadcasts with a fee of any kind will get lost or need to be resent AT ALL.

99% of my transactions have been done at 1 sat/B, some wallets let you increase the fee later if you are somehow in a hurry. By default, transactions don't need to be instant. It is ignorance that is eating your money in fees, not Bitcoin. You "think" your transaction would get lost, but you are wrong.

3 days is nothing, in 2018 you could easily wait two weeks. Did they pass? Yes they did, because i did such transactions.

No, its $2. 400 000 bolivares + 400 000 food tickets. 1 USD is about 200 000 VES, therefore 2 in "cash", 2 in food stamp equivalent.
Skip your drama and perhaps head over to the Spanish language area.

The exchange rate against bitcoin would be about 17 bolivares per satoshi. Now get a clue and teach others properly. This is not Bitcoin's fault, its the wallet developers fault for setting the network guessing thing as default, when it used to be manual.

Here is your problem: Ignorance. Why? The transaction fee can be set in the wallets you use to send funds from. It is incredible the many times the likes of you make me repeat this simple fact again and again and again. You DON'T need instant transactions.

Now take a decent wallet, such as Electrum, preferably under a decent OS such as Linux, and change the configuration so you use a manual fee, not a network guess of any kind. There, you are going to type 1 sat/B, which results in typically a couple of USD cents. Electrum a couple more options that can help reduce fees.

And yes, make sure, absolutely sure, you are using a bech32 Segwit address. Your bitcoin address should start with bc1, not 1 or 3, because every tiny little satoshi counts.

And teach your friends in Argentina this lesson. Repeat after me: You DON'T need instant transactions. There is only one fee that matters: 1 sat/B. Set it, send it, check back tomorrow or the day after that, I'll eventually reach, no matter what. Its faster than wire transfers, and cheaper than Airtm, Western Union or the likes.

You cannot have $3 fees without you foolishly letting the wallet pick it for you. Do not let the wallet guess whats best, and if your wallet sucks, change it.

Also you are incorrect. The minimal wage in Venezuela is about 2 USD per month now, you already paid more in the fee because you didn't know how to set a fee manually. And the day is coming when we will be able to set 0.1 sat/B...

Always plan things ahead and stop whining. Bitcoin works far better than the alternatives...

Si te refieres a los mensajes que muestra como burbuja en la barra de tareas por la zona de los íconos de notificación cuando sale o entra dinero, si Electrum las muestra también.

Yo hace mucho no manejo core (o windows), me es imposible manejar el tráfico de la cadena de bloques con una conexión móvil limitada.

I hope to be able to eat pizza the next pizza day, because with the quarantine and the hyperinflation, i couldn't this year.

I think i have been nearly a year since i last ate pizza, i know this year i haven't...

If the USD collapses, Americans would understand this. Its worse than whatever 1929 was. But you are smart moving that "free" $1200 into bitcoin rather than pizza, its your insurance should the USD fall.

In other news the current monthly wage in my country went down to 2 USD again. Makes it tricky to buy $8 pizza with that...

Never let politicians control of your money, it will be too late when it happens. Escape into bitcoin while you still can...

I still don't understand why the astrologers don't update the sings to include Ophiuchus, its like two centuries outdated or something.

Or it may be they do but translate back to the traditional outdated 12 signs.

El gran problema que le veo a eso del wifi, es que esa "decisión de la FCC" de que puedan usar una banda de 6ghz es materia exclusiva de EEUU. Mientras en los otros países muy probablemente no liberen esa banda.

Aunque, personalmente, no necesito que vaya mas rápido el wifi. El cuello de botella está en la última milla del internet, un wifi super rápido en el hogar de lo único que serviría es de hacer cosas como streaming, de una habitación a otra.

La mejor red doméstica es la cableada, esa es mi opinión personal. Nada como un buen cable de red 5e que es todo lo necesario para 1gbps por punto, sin "esfuerzos"...

Y es irónico que en la traducción hablan de no construir una casa sin enchufes de corriente alterna, ¿y porqué no lleva los puntos de red también? No es tecnología reciente, y no tiene porqué serlo.

Las redes cableadas han funcionado muybien por décadas y la de 1 gigabit tiene al menos 20 años. No hay que reinventar la rueda...

Y si, hay fibra, hay bluetooth, ¿pero cuales son los costos / beneficio? Yo he oido una publicidad que dice cosas insólitas como esta: "Una película que por 4g demoraría 6 minutos en descargar, tardaría 30 segundos por 5g"

¿Y quien necesita ver toda la película que suele durar 2 horas, en 6 minutos, menos en 30 segundos? Mi experiencia con 4g es que 10mbps es normal, y para un dispositivo móvil eso es mas que suficiente. Considera que un wifi de los viejos puede tener 300mbps. Claro si hay varios hay que compartirlo, si no hay mas de 30 dispositivos se le pueden garantizar los mismos 10mbps a c/u.

Por supuesto que las múltiples generaciones de wifi (y recientemente USB) son hasta ridículas. Es mejor pasar de largo y dejar que se calmen. Lo único meritorio de las actualizaciones wifi es el WPA3 (porque la seguridad del wifi apesta), el resto, meh.

USB me da risa ya que no llegué ha tener nada USB3 y ya hay USB4, lo malo es que son físicamente incompatibles los nuevos enchufes y toca usar adaptadores. Claro tiene usos exóticos como conectar monitores, pero no se ve que la gente esté abandonando el hdmi aún. Yo celebraría un enchufe común, pero lejos de eso las versiones nuevas traen todavía es mas enchufes...

Mira que hablando de corriente alterna el mundo no fue capaz de usar una sola norma, en enchufes físicos es risible la cantidad de variaciones que hay (sobre todo en Europa donde a cada país le gusta tener la conexión a tierra de forma diferente) Y ni siquiera algo tan básico como el voltaje y frecuencia de alternancia, el país mas insólito es Japón "punta de lanza mundial" que usa 100v y medio país usa 60hz mientras que el otro medio usa 50hz...).

Claro todo tiene su historia, pero parece que no aprendemos nunca. El USB vino a "resolver" el problema de muchos enchufes, y nos trajo todavía mas enchufes. Y así los otros, como el chiste ese de xkcd y los estándares: "son buenos porque son mas".

Para mi el artículo debería llamarse: "Las redes domésticas que NO necesitamos hoy vendrán mañana". Oh no, otra vez...

Una de varias pruebas de concepto que se intentaron. Al menos esa resultó, luego quiso comprar una cámara y no pudo, todavía era muy temprano para Bitcoin...

"Primero te ignoran, luego se ríen de ti, luego te atacan, y luego ganaste".

A Bitcoin le queda muy bien esa frase, si recuerdan al mundo de 2010 cuando recién apareció bitcoin y nadie daba nada por él...

Well if Elon's low orbit Starlink becomes operational worldwide next year as promised, at least the latency will be a thing of the past (20ms is the promise, math says ~5ms is the physical limit). Not to mention the install which is absurdly simple compared to common geostationary links.

Besides them i think there are a couple of minor players as well, but Elon has quite the advantage by having the capacity to install the sats by his own means.

Of course the oil/gas industry faces the same problem everywhere, think of the open sea platforms...

Tal vez no tiene cuenta en Twitter. Yo se que no tengo, tenía pero Twitter decidió eliminar cuentas con inactividad por encima de 6 meses. Agradece que no lo comentó solo en irc... Hay desarrolladores que ni siquiera les gusta salir de las listas de correo.

A la pobre JK le han caído encima, mitad trolling mitad meme con eso de que Bitcoin es "mágico"

Ahora pienso que deberían enseñarle algunos videos de Andreas Antonopoulos, en mi opinión...

I think you should leave some margin just in case. 2600W is a crazy lot for an S9, if you had that with immersion, you could even reach 20TH (if the chips are in good condition). I know this because i already know of such a case with a powerlimit setting of 1675W and its at 19TH already with the chips at 49°C, so it was only hold back by the PSU. Measure at the wall just in case, and try not to get close to 100% capacity. An S9 is unlikely to ever demand 2600W anyhow so i doubt it would be a problem, unlike the 1600 and 1800 PSUs who can be put to the max with a single unit.

I agree with faheshang about the factors for speedier autotune, i have observed the same thing with others. Hopefully there will be some sort of "saving state" of the autotune in a coming update so it doesn't have to do it all over again everytime you powercycle the unit or change some unrelated setting like the pool.

Of course the powerlimit also indirectly affects the temperature and speeds the autotune will try, if you use a lower setting, it results in a colder slower unit (as efficient as it can get within the allowed powerlimit).