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16061  Bitcoin / Electrum / Re: Deletion of Electrum wallet from a single computer among several on: December 30, 2017, 06:32:20 AM
it is always better to be safe than sorry even if it costs you some money it is better than losing all of your money. I suggest creating a new wallet and sending all your funds to that. you pay a fee of course and that is currently high but you at least are going to be 100% sure that even if someone found your wallets through recovery,... they wouldn't get anything.
16062  Bitcoin / Electrum / Re: Need Electrum Help on: December 30, 2017, 05:54:15 AM
you need to have some idea of what your password is.
- for example you should know how long it was,
- what type of characters you used (upper case, lower case, symbols)
- it helps if you have a list of possible words you used in your password (e.g. Bitcoinpower100)
- generally anything that narrows that the list of possible passwords to check.

then you can use a tool like this: https://github.com/gurnec/btcrecover
16063  Bitcoin / Electrum / Re: Electrum Suggesting Massive fees on: December 30, 2017, 05:45:16 AM
BTC Address: 19i45Kiu2ChG1jw4BDZT783pE8oP6GQuaK

if this is what you are trying to spend, then you have been receiving dust for the most part. you have amounts such as 3362 satoshi, 7313 satoshi, etc.
total of 9 transaction outputs which you are trying to spend. 9 will give you about ~1400 bytes of transaction which you need to pay ~420,000 satoshi fee and that is 300 satoshi/byte which is the lowest amount.

~I checked other places like estimatefees but even their recommendation is much lower and around the 1 mBTC range for one input address to two out put addresses

you have 9 inputs not 1 if the address i posted above is the one you are trying to spend from. you are not spending your address you are spending your transactions! put 9 in the first textbox and you will see the result be 506,190 satoshis for ~60 min confirmation.

If that is the case, pardon my ignorance on this subject matter. I believe that can reason for the extra exorbitant fees will arise if for example one wants to spend .01btc and the wallets with that amount has over 10 addresses that generated that amount. That is when the fee is always high because the amount you want to send have to be cumulated from the several addresses.

And not the case of what you painted here because the fund is already in one address that wants to spend it or am I missing something here?

you have to change the way you are thinking. instead of thinking in terms of addresses, start thinking in terms of transactions.
when you look at it like that, it becomes easier to understand. you are receiving transactions and spending transactions. you can receive all of them in one address or many. in the end when you want to spend them you will pay the same fee because the size will be the same as long as the addresses have the same "type" of private key (for example all of them be compressed key or all be SegWit,...) you just sign with different keys, the size will be the same.
16064  Bitcoin / Wallet software / Re: Bitkey USB Bootup compatibility? on: December 30, 2017, 05:37:12 AM
the only difference in newer versions of Windows is that you have to turn off "Fast Boot". this feature in new windows versions is preventing booting from anything else including USB if i am not mistaken. use google for more information, i don't use Windows 10 or 8!


source: http://dailylinuxuser.com/2015/11/how-to-create-ubuntu-1510-usb-drive.html

also i suggest using UUI https://www.pendrivelinux.com/universal-usb-installer-easy-as-1-2-3/ it is the best and easiest tool for creating any linux distro live USB under windows. although i can not find BitKey among the list of supported distros, you may have to play around a little bit to make it work.
use the last option saying "Try Unlisted Linux ISO".
16065  Alternate cryptocurrencies / Altcoin Discussion / Re: Accidentally transferred BCH to BTC wallet on: December 30, 2017, 05:21:25 AM
since you do not control the private keys of the receiving wallet, there is nothing you can do. the person controlling the private keys of the BTC wallet can. and in this case that person is Bitconnect!
contact their support and give them your address and the transaction ID. if the amount is high enough, the exchanges usually do something about it. otherwise they will ignore it because they have already warned you.
16066  Economy / Speculation / Re: Has the Tide Shifted? on: December 30, 2017, 05:11:21 AM
trading is all about timing. anyone who doesn't understand this shouldn't be trading at all.
with that said, there is no never short bitcoin, or short bitcoin and there is no tide. the time to short is long gone and now we have an unpredictable market which is going sideways for the most part. you may think you have guessed the "tide" here but you will be surprised when it goes against your guess.

which is why it is best to stay away and take low bid positions, and is why the volume drops at times like this and only goes up when a sudden big drop or rise happens.
16067  Economy / Exchanges / Re: Don't use binance on: December 30, 2017, 04:44:44 AM
Just use  Bittrex,  dealing  with this  awful exange is a pain in the ass

in others words you are saying don't use the "bad" and use the "worst" instead of it.

because that is how things work with exchanges. you don't choose among good exchanges. instead you choose among bad ones and choose the one that is less-bad. exchanges like bittrex are at the bottom of that list alongside Yobit and you should only choose them if you don't have any other choices.
https://bitcointalk.org/index.php?action=trust;u=96390
16068  Bitcoin / Bitcoin Discussion / Re: 2018 is coming on: December 30, 2017, 04:35:21 AM
we will probably see the downtime for an extended time and we are going to see a lot of struggle to break the resistance that is currently around $16000 apparently. this can continue on to early weeks of 2018 and as the holiday ends and people come back to their normal lives and start trading, price can start going up again.

although i am another thing to affect the price greatly. and that is the transaction fees. as it stays up it damages bitcoin in both short term and long term and prevents the rise. if things go back to normal i would expect the rise to start right after.
16069  Bitcoin / Bitcoin Discussion / Re: 3 Guys to Watch in 2018: on: December 30, 2017, 04:28:47 AM
i don't know who this Brock Pierce guy is but are you serious with putting John McAfee and Andreas Antonopolous in the same category? Cheesy

McAfee is too hyped up about cryptocurrencies in general and it seems to me like he is mostly interested in earning money from them. it is noticeable from the way he advertises random small altcoins to pump.
16070  Economy / Exchanges / Re: Invested with Yobit InvestBox? on: December 29, 2017, 05:39:10 AM
The URL clearly indicates that its from yobit.net

it's a picture in OP! how is the URL clear from a screenshot?
for all you know it may be something like this: https://yobit.net/en/investbox (mouse over the link or click it to see!) Wink
16071  Bitcoin / Electrum / Re: Electrum Suggesting Massive fees on: December 29, 2017, 05:20:32 AM
BTC Address: 19i45Kiu2ChG1jw4BDZT783pE8oP6GQuaK

if this is what you are trying to spend, then you have been receiving dust for the most part. you have amounts such as 3362 satoshi, 7313 satoshi, etc.
total of 9 transaction outputs which you are trying to spend. 9 will give you about ~1400 bytes of transaction which you need to pay ~420,000 satoshi fee and that is 300 satoshi/byte which is the lowest amount.

~I checked other places like estimatefees but even their recommendation is much lower and around the 1 mBTC range for one input address to two out put addresses

you have 9 inputs not 1 if the address i posted above is the one you are trying to spend from. you are not spending your address you are spending your transactions! put 9 in the first textbox and you will see the result be 506,190 satoshis for ~60 min confirmation.
16072  Bitcoin / Bitcoin Technical Support / Re: New question on: December 29, 2017, 05:04:51 AM
it actually depends on your wallet settings!
i am not sure if Electrum new version added a "spend unconfirmed transactions" or not and i have never checked it otherwise either. but my guess is that it will spend them.

if it doesn't spend unconfirmed transactions then what cpfreeplz is correct, the two transactions have nothing to do with each other.

but if it  does spend them then it depends on if your unconfirmed transaction had a change (which most of them have) and if you spend that change and with what fee.
if you spend it with a higher fee satisfying the Child Pays For Parent (CPFP) then it will "boost" that transaction too, helping both be confirmed at the same time. but you have to pay a much higher fee covering both transactions.
16073  Economy / Speculation / Re: What's next for Bitcoin? $1M, $60K or $1K? on: December 29, 2017, 04:57:27 AM
    Roger Ver ("Bitcoin Jesus")/founder Bitcoin.com said Bitcoin will lose value and be taken over by Bitcoin Cash because the original interest in Bitcoin Core was "cheap and fast transactions" and that is gone now.  Bitcoin Cash does what the original Bitocoin Core did before the blockchain got saturated.  (this makes sense but he is also clearly marketing for Bitcoin Cash because he runs an exchange).

the thing that bitcoin cash advertisers intentionally forget to tell you is that despite them increasing the block size, the size is still limited! how long do you think it will take for BCH blocks to be full if it replaced bitcoin today? or nearly full and the spam attack starts? the sales pitch saying "cheap and fast" is because 95% of the blocks are not exceeding 200 kB while bitcoin blocks are 99.99% at >1000 kB

increasing the block size alone is not a solution.

Quote
So what is the value of Bitcoin in 2018?  These are just a few of the many, many opinions out there but I think that $60K prediction from Saxo Bank seems to be on par right now.

it is hard to say. to be honest i do expect some down time although the market sometimes shows all signs of wanting to continue the rally.
but if the downtime happens we may see at least $40,000 by the end of the year. but if we can get over this current backlog and do something about transaction fees (possibly spam attack), then we can start the rise so much sooner and be at $60k and more by the end of the 2018 since we will also have LN by then and things will be solved eventually.
16074  Economy / Exchanges / Re: Invested with Yobit InvestBox? on: December 29, 2017, 04:44:14 AM
check the URL in the email, if it is leading to Yobit.net and if the sender is the same then it is legit (in a sense that it comes from them). i have also received the same Email and there is in fact an investment option called InvestBox in Yobit.

but that doesn't make it legit (in a sense that it is a Ponzi scheme)!
Yobit is shady, and they are not to be trusted with your money for more than you are forced to. like when you just want to claim some airdrop and dump it and be done with it.

and beware that you are forced to make a couple of bets on their platform in their NOT provably fair dice in that coin you invest in order to get the profit of that day!
16075  Other / Beginners & Help / Re: can i deposit different bitcoins into a normal bitcoin wallet? on: December 29, 2017, 04:38:07 AM
first thing you need to understand is that your wallet does NOT hold any coins! what it is holding is private key(s). the "coins" or transaction outputs are stored on the blockchain and you use these keys to cryptographically prove you are the owner.

each private key is simply a big number which you see in a special format called base58.
these keys then go into some process (elliptic curve and hashing) to get the public key and your address. here is the difference. some coins like bitcoin gold use a different byte for their address so the first letter and the hex result is different.

so to answer your real question:
you can use the same key pair to receive all these new coins and bitcoin. but in order to spend them you will need a separate wallet because their blockchains are separate and different and also the way signing a transaction works is different in them to protect against replay attacks.
16076  Economy / Speculation / Re: Wondering why Bitcoin dropped by over 10% last night? on: December 29, 2017, 04:24:06 AM
i think people are mostly looking for a reason to explain what has happened. but in fact the reason had nothing to do with these news that actually was spread AFTER the drop. i haven't even heard about it until the drop was near the end!

and the pattern was very familiar and easy to explain. price tried to break out and rise it couldn't so it fell. last time it was at $15700 before it fell down to $12500 and this time it was higher at $16400 before it fell down to $13500.
now it is back to $15000 and rising again to test the upper resistance once more.
16077  Bitcoin / Bitcoin Discussion / Re: Upcoming Bitcoin Forks/Splits and Exchanges That Promise to Honor Them on: December 29, 2017, 04:13:23 AM
don't confuse the bitcoin cash fork with the rest of them. they have a main difference that makes things very different.
bitcoin cash only changed block size and didn't touch how mining works which meant the same miners who were mining bitcoin could (and still can) switch between the two chains and that can cause slow blocks, lower hashrate and security issues. which actually happened a couple of times during the EDA shenanigans.

these forks are changing the way mining works, they changed the algorithm because they know that no miner with their ASICs are ever going to mine their coin so they went to other routs to make it GPU mineable. and all the risks of above are eliminated.

of course there are still risks of replay attacks if they don't implement any protection and the risks of getting a malware because some of these forks are pure scam.
16078  Bitcoin / Electrum / Re: Bitcoin Fork Coins on: December 28, 2017, 05:21:43 AM
When are these forked coins going to be allowed to claim? 

each forked coin can be claimed as soon as they start producing blocks. in other words as soon as miners start finding new blocks on their chain.
but you as an end user have to wait for an easy to use wallet, which is most of the time the full node (fork of bitcoin core) as your only option with 160+GB blockchain size!

Also aren't these essentially free money just for owning btc?

essentially, yeah. but be careful not to be blinded by greed. there have been lots of scams and malware being spread in the name of these coins even by their developers which lead to losing the already owned BTC in addition to the forked coin!
16079  Bitcoin / Electrum / Re: Using an older version of Electrum, getting "pruned transaction outputs". on: December 28, 2017, 05:14:33 AM
try the latest 2.x.x version it should work. it was 2.9.3 https://download.electrum.org/2.9.3/

and yes your 12 word seed should work in the new versions, they are backward compatible and will even change your wallet file if you upgrade the currently installed version to the new version instead of restoring from seed.
16080  Economy / Speculation / Re: Bitcoin is rising again... on: December 28, 2017, 04:54:51 AM
it is "starting to" rise again.

it takes time to recover from such a big drop. specially when it is after a large scale FUD campaign against bitcoin which has created a lot of doubt about the rise. that automatically makes people want to sell when they see a small rise and to get out because they don't believe it can rise more.
we have already tested the upper resistance once, now it is time to take a step back and recover again to test it one more time. it may happen 2 more times before the breakout happens.
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