Just imagine if Uber, Lyft or Paypal would incorporate the acceptance of bitcoin onto their respective platforms? This would be a great step in the right direction and it would definitely bring a whole new group (millions of people) into the crypto world. Or am i completely off here?
i don't know what Lyft is but if Uber does it then it would be a nice little step towards more adoption. but i don't think PayPal is going to be that helpful. their rules and how they centralize things and take ridiculous fees and generally how it works is never helpful in adoption of bitcoin. of course it will be good because it can help many convert between PayPal and bitcoin, back and forth, but the disadvantages seems more to me. |
|
|
|
|
if it is not bitcoin then it is not bitcoin! and it is not helping anything.
i've heard about the burger king thing and i still find it strange that they did something like that. when you create a centralized currency that only works in your own little circle that is not really efficient in my opinion. they have just added a big database to their business which will only get big and consume space and resources to hold it and people will continue using fiat!
|
|
|
|
|
just to add to what xhomerx10 said, if you want a more precise or flexible "coin control" just enable the "Coins" tab in your electrum from menu "Wallet > Coins" or press "Ctrl + C" and in that tab you can simply see the Unspent Transaction Outputs or your "coins". you can now select those you want to spend by pressing down Ctrl and clicking on each one and then when you are finished selecting, right click and select "Spend". the rest is self explanatory.
|
|
|
|
as i guessed your issue is a linux related issue not electrum related, and i am no expert in linux  try one of the reddit linux related subs or stackexchange. or if you don't need Tor just use another Linux distro that is easier to have persistent mode on. |
|
|
|
OP, do you actually have a point here that you are trying to make or are you just reporting what happened? you know that this is speculation board not "report-what-happened-today-board"! ~, this achievement triggered a sell-off, causing the bitcoin price to pull back to its early-week levels.
~
this is not a "sell-off" and it is not new. it is a correction that has been happening all along. check out July 21, same correction August 15 and August 17 again same corrections. |
|
|
|
~many countries have being calling the cryptocurrency a “Scam Coin” ~
no country has ever called bitcoin a "scam coin"! some of them may have said bitcoin is used for illegal activities and 2 or 3 countries out of 195 countries in the world have made it illegal. but even they have never called it "scam coin". the only time that any one used that word, is when a random person or a shitty click-bait website like your link wants to attract attention or spread FUD. |
|
|
|
|
stay AWAY from cloud mining. you will regret it.
first thing that you will encounter in cloud mining is all the scams that every one of them are pulling. some of them are fully Ponzi scams and some are pulling some smaller scams behind the scene without you noticing.
secondly even if you by any chance found a place that wasn't 100% scam, you will still have issues with ROI. the amount of different types of fee they deduct from you is absurd. it would become like a faucet that pays you drops each day.
|
|
|
|
Sending & Receiving Bitcoin - is your IP address publically listed or anonymous? If it's publically listed, where can you go to see it? How can you protect it from being listed when sending & receiving?
If I'm not wrong IP addresses are not stored in the blockchain network. I don't think you can find IP address of users from blockchain details. If that is true then no one would call Bitcoin transactions are anonymous. But if you use exchanges then they may reveal your personal details but not blockchain. I've heard that people are using TOR or a VPN when creating a desptop wallet like Electrum and I remember reading somewhere that everytime you send and receive a transaction, the IP address where it's sent from or the receiving IP address is logged somewhere. How did the Silk Rd owner and people selling on that site before get busted? Their IP address must've somehow gotten tracked. no, your IP address is not logged as far as bitcoin protocol goes. you just send a transaction and in that tx there is nothing about your IP. but when you are sending that tx, the others who you connect to can see your IP (that is how internet works!) so they can store your IP, but the thing is, you connect to a node and send your tx to. afterwards they are sending your tx also. then more and more and after a while all nodes have your tx (granted they don't reject it). now if someone wants to know what transactions "YOU" send, they can simply connect to you and monitor you and see what you are sending. otherwise they have to connect to every single node to see which one sends the transaction first so you can say with near certainty what the origin of the transaction is. how they usually catch those people is through other ways. like them using a centralized service such as coinbase as their wallet, using an email service, buying on Amazon, Apple store,.... with the same funds and things like this that links their identity to their bitcoin. it has never been only bitcoin as far as i can remember. |
|
|
|
there is nothing different! if Tails allows you to install apps then you just install Electrum-LTC like any other program. if you have issue installing on linux then you need to ask a Linux related question on a Linux forum  here is the steps you take for installing the latest stable version (2.8.3.5) according to the official website: https://electrum-ltc.org/sudo apt-get install python-qt4 python-pip python-dev
sudo pip2 install https://electrum-ltc.org/download/Electrum-LTC-2.8.3.5.tar.gz
electrum-ltc
or download the tar.gz file, verify the signature then run it |
|
|
|
~
Wow, i never thought that was possible, let alone storing it on a cloud drive. And actually using a bank for storage. Plus that master key you are saying. How do i get that? I mean, even if my wallet got lost i can open it with a masterkey? And where do i find those options? Are they on the wallet?? And what is this thing called seed by the way?? Sorry for asking too much, I get easily excited, specially when i get to learn about something new. Thanks in advance.
the master private key is usually a list of words like the example that i gave you above which is called Seed. you have to check the wallet you are using to see how you can get that. and to see if it is even possible. but for example in Electrum you get it when you create your wallet for the first time, or you can get it from menu by clicking on "Wallet > Seed" blockchain.info (which is not recommended) calls it "recovery phrase". i believe hardware wallets also have this so you can back it up. the master private key in deterministic wallets is what the wallet uses to generate all your private keys ever. go here: https://iancoleman.github.io/bip39/ and play around with Generate button to see what things look like. you can click on the links named "... specs" to read the details. |
|
|
|
Thank you for the quick helpful responses! I will give these a try. I did find when I used electrum that the 'private key' choice was not available. I thought maybe it was my computer operating system limiting the options I had in Electrum.. The youtube video I watched showed a prefix required when entering the private key as well.
Electrum prevents "importing" private keys when your wallet has a seed to prevent losses. because if you import your private key in that wallet and lose the wallet, you can use the seed to recover all the private keys EXCEPT the one you imported. that is why Electrum forces you to create a new wallet without seed so the confusion never occurs. http://docs.electrum.org/en/latest/faq.html#can-i-import-private-keys-from-other-bitcoin-clients |
|
|
|
it will crash to $5200 you also used to compare the "situation" with 2014 back when price reached $1250 and was rising... |
|
|
|
|
this is not yet THE tide, it is just a small tide showing off the small amount of potential of bitcoin. we have not yet seen THE tide rising. ever since 2015ish i have been saying price is laughable when people said we are at $XX and you can see how $400, $600, $900, ... sound right now. it will be the same with $4946 too when we are high above $100,000 and speaking about when $200,000 is going to be here.
|
|
|
|
From what I've read the avg tx fee for BTC is $8+ per transaction (is this correct?) and the avg transaction fee for Bitcoin Cash BCH is 0.3 USD .30 cents (is thao correct?) if so why and how could there be such a difference? I know more miners =lower fees but that much lower? Hopefully someone can shed some light on my confusion. Thanks !
using $ for fees in a bitcoin transaction is meaningless. using an absolute number for fees in a bitcoin transaction is also meaningless. the only meaningful unit is amount in satoshi,... per Byte or kByte and the reason for the lower fees in BCH is the same reason why fees are low in LTC, Doge, RDD,... and all those other altcoins. nobody uses them. in fact Dogecoin average fee is 1Doge=$0.0024 no matter what the size is  |
|
|
|
then think ahead and keep a backup! it really isn't as complicated as you may think. most wallets these days are deterministic (HD) so they give you a master private key and that is the only thing you have to keep. you simply encrypt it with a strong password, print it on a piece of paper, laminate it and then put it in a bank's safety deposit box (yes banks are useful sometimes). you can also encrypt it with a strong password and store it in the cloud. any of the services like google drive, dropbox,... you'll save something like this: FEiDJjzsuvQnjd+5GQ+AitU4bF7ijsGar+bldrJWWMLVkzU50Y3ho1+SOyIp3IerUqnbD2EjqFfGWR7tmbHWkUGR/t2C24SBR40jAihXis7V2QQ2p9l3oO/G7Pkqtw8O
this is AES256 encryption of an electrum seed available on the docs constant forest adore false green weave stop guy fur freeze giggle clock
and you just remember the password. and if it is strong, nobody can ever break it in a thousand years. the password is this by the way:  |
|
|
|
|
check the bitcoin address that you sent from (you can also do it in a block explorer) to see where the coins have gone to. there are 2 possibilities:
1. your wallet didn't even broadcast the transaction, because of connectivity issue or something else.
2. you sent the coins to a wrong address instead of what you posted in your OP.
|
|
|
|
|
in that case it is easily doable. it is a simple addition to the wallet application on your phone.
the issue is now about the demand for it? in other words does people need this, or will they use it?
for example if you can come up with a scenario that requires this or makes it easier then you can ask the wallet developers to add this feature.
|
|
|
|
Many have been changed to Bitcoins. As I started here it cost just $ 400 now is almost $ 5,000 and nearly x5 is being raised. What do you think the bitcoins are still on the rise? Or it will happen again when it's up and down the price deeply
x5 of $400 is $2000 not nearly $5000 bitcoin is on the rise and will remain on the rise for years to come. the long term will always be rise, there is nothing changing that in the foreseeable future. but will it drop? yes, of course. bitcoin price can drop and it is dropping. you just miss them because you are not watching the price and most people are looking for a very long and very huge drop but that will never come. there will be big drops, 10% or even possibly 20% drops but they won't last. it has been happening all along and their lifetime is usually less than 1 day at the minimum and about a week in the dip. |
|
|
|
It seems to me that bitcoin will have a problem in becoming mainstream because it will feel more expensive to use than standard fiat.
In the case of Bitcoin, it seems to me that the transaction fee is always worn by the buyer and that would make it simply feel more expensive.
bitcoin has been around for about 9 years now and in all this time except a couple of months (which is less than 5% of its lifetime) the fees have been a couple of US cents. In the current fiat system, you don't have to pay a fee to use it (in most cases), so it means there is a lack of incentive to use bitcoin for everyday transactions.
you don't see the fees you pay with fiat system, that is different. when you purchase with credit cards,... the vendor pays some fees, to cover that expense they add it to the value of their goods they are selling you and you don't see it because it is not a separate thing, it looks like the real value of what you are buying where in fact a part of it is to cover the "fees". |
|
|
|
|
Show Posts
