when an application like Keepass, Electrum,... have an option for encrypting their content (in this case passwords stored in keepass, and wallet file or private keys depending on your choice in Electrum) the strength of it depends on 2 things.
first the method they choose, Electrum uses a very strong method (AES256) and i believe keepass uses the same thing. so they are both strong.
second is the password you are using. if you use a simple one like "jerry123" then anybody can crack it. but if you are using a strong one like "sd2&hMt$J8Qshp*hdm" then nobody can crack it in a million years so you are fine even if someone had physical access to your computer.

there are a lot of idiots in the world that jump off a cliff, that doesn't make their actions right. the first rule of investment is to not take bigger risks that you are comfortable with, or in other words invest what you can afford to lose.


not necessarily true. there are investors that have these very high risk strategies, the maximize their investment and with it take a lot of risks. big risks. and try to make the most out of that.
i would never use such strategies but i can't say they are wrong to do it either and they certainly don't ignore anything, they are well aware of the risks and also the rewards.

this doesn't sound legit to be honest specially since it is coming from McAfee! he is most probably trying again to gain some attention for his product.
a security company can not know beforehand that a group of hackers are "planning to" attack and hack something simply because those hackers aren't releasing newsletters telling the world what the hell they are doing...
besides all the "tactics" to hack bitcoin has been tried in the past 9+ years. there is nothing new anymore.

i think they were talking about regulations, not just taxes. and they can have a positive effect on bitcoin because it removes a lot of FUD and misunderstanding among a lot of people thinking bitcoin is not legit. and when something is regulated some people feel safer using it, specially merchants and we want merchant adoption of bitcoin more than anything else.
and remember it will depend on the rules. they can be both bad and good depending what how they are going to approach it.

it can be profitable if you know what you are doing. otherwise if you are just playing around and buying things wishing they go up instead of really making educated trades, then it can not be profitable for you.
for example when you say "the whole market is red" it means you are not seeing the market because even during the "red" times there are opportunities to make money. for instance in the past couple of days DigixDAO was pumped and gave a nice profit although everything was red. so did at least half a dozen other altcoins. and that is ho you day trade in altcoin market, you find these coins with a pump coming and invest in them and dump as soon as you are satisfied with the profit.

this would have been true only if he wasn't praising bitcoin before! this news is a complete 180 degree change.
and lets not forget that the "praise" was a real quote from himself talking about bitcoin and how it is a good thing, and this new thing about how "bitcoin is killing people" is just a random comment on Reddit from his IAMA. so who knows who was answering the questions on reddit on his behalf. even if he was answering himself he might have meant the FUD because Microsoft is going to release a cryptocurrency! that wouldn't be the first time someone chose this method...

you don't need to create a "new wallet", in the same wallet that you already have simply choose another new address.

additionally you don't have to do this. if privacy is not a concern of yours then next time you are making a transaction, for example paying for something, use all your transaction outputs instead, make the payment and get the rest in one new output in a change address (any address from your wallet would do).

i believe by "to modify or adapt its products" they may mean they will adopt blockchain technology. and this has been happening among a lot of banks and financial institutes. they have been adapting to the world. and i also believe that all of them will eventually also adopt bitcoin because they will see that they have no other choice but accept the fact that this decentralized currency is here to stay no matter what they wish for it and no matter how much FUD they spread about bitcoin!

the Twitter scams are kind of unique. it has nothing to do with Facebook and banning the cryptocurrencies (competition for their token).
in Twitter you see a tweet from someone well known, like Charlie Lee (creator of litecoin) then under that tweet in the comments you see the same name but from another account with the same picture and everything is posting something scam. like spreading FUD, giving fake links, spreading malware,...

i like anything that is based on Satoshi because anything bigger would mean it will become obsolete as the price rises. you may think using uBTC is enough now but it will become huge pretty soon so it is best if we start from Satoshi now and let that grow on people.

but the problem with this is that you need to ask yourself whether the whole world can understand the "metric system". not the whole world uses it! i believe Americans suck at metric system since they are using Imperial System! so it may cause some problems.

it is the other way around. bitcoin is useful because it is a decentralized currency, so it is successful and it is becoming more and more popular and as a result of that its price goes up and people call it "king"!
but the start of all of this is that "usage" which makes it unique and succeed more than any other altcoin that is out there because despite what they advertise altcoins like, they are not useful at all.

nah. unless you mean a short term small bullish only up to $11800ish then yeah. otherwise i think we should not change stance to either bullish or bearish until price breaks out of either upper or lower prices of $12k and $9k respectively.
as long as it stays between these two, there will be the same ups and downs and volume will stay low. but if it breaks out the volume will increase and with it there will be a fast movement.

Venezuela launched free cryptocurrency training course for their citizens only because they have released their own cryptocurrency called Petro which you obviously already know about. it is interesting in a sense that this country is taking cryptocurrencies seriously and doesn't just put it off like many others trying to make up their mind and taking their sweet time about it. and also it helps educating masses about cryptocurrencies and they will eventually be introduced to bitcoin.

but at the same time the focus of all their efforts is going to be the centralized coin they created not the decentralized bitcoin and possibly other altcoins that exist. they may even attack the decentralized coins and show them as untrustworthy and generally bad. that may create a lot of misinformed people in the near future.

first things first, you say you want to buy bitcoin to invest in altcoins. then if you are really good at making profit from altcoins, you should not care about what current bitcoin price is because the profit that you can make from altcoins on a daily basis is a LOT higher than the possibly drop that bitcoin may or may not have.

i say the chances of seeing any kind of major drop is much smaller now and will shrink each time it goes down to test the bottom support ($9k range) and comes back up again failing to drop more.
as you can see for the past week or so the trend has been stability and going sideways more than anything else.

when trading with someone it depends on how much you know that someone and how much you trust them. for example i made a trade with someone recently for an amount of 0.1BTC, he never waited for any confirmation because he knew me and this was not our first trade.

but if you do not trust them or don't want to, then you have to wait for confirmation.
the recommended number of confirmation depends on the amount you are receiving and mostly on the type of wallet you are using. using a full verification wallet (full node like bitcoin core) you need a smaller number which is between 1 and 3 as long as network is normal (no forks,...).
but since you are using an SPV wallet (ie Electrum) you need a higher number of confirmation which can be as high as 30.

i am starting to doubt if this is really Bill Gates despite the proof in that link posted on his twitter!
it is not. the main feature is the privacy not anonymity and it is only one of the many features. the most important one is the decentralization and the fact that you don't need the previous corrupt banking system anymore.

this is only true if the government could find all that when they used any other method than cryptocurrencies. you see, all of that is already happening with or without cryptos and government can not do anything about it.

somebody should seriously send the link to this book or if possible a hard copy of it to people like Warren Buffett so that they can read simple words and understand how bitcoin works. something like an ELI5 for the 87 year old Warren since apparently he can not understand the adult version of it.

if you rely on uptrend to make profit while trading then you are doing it wrong. a simple long term investors needs an uptrend to make profit, a trader needs market movement and it doesn't matter in which direction you just have to adjust your strategy based on the new trend of the market, that's all.


winter?!!!
and who cares about some government regulation FUD in the media!

if you have been trading before, for example trading stocks, then you can start your cryptocurrency journey by starting to trade them carefully but if you are new to both cryptocurrencies and trading then you should absolutely stay away from trading because you will just lose money.

if you are new and interested in trading then start by first learning more about trading and how it works. then start watching the crypto market for a while before jumping in, try to see and understand the unpredictability of it. and eventually start small and work your way up.

that may be, but being bad at TA is not the only reason. the thing is TA doesn't work for bitcoin most of the times specially when things are not happening normally. for example based on my experience the round number of $10k and the like area always a big support for bitcoin price and it held up real nicely but that was not enough to keep price up against all the manipulation dumps so price crashed down to $6000

and right now it is just sideways action. it won't go anywhere, neither up nor down. the range is between $11k and $9k.