I haven't accumulated enough to feel the euphoria of these ATHs; perhaps a slight tinge of regret that I cannot buy any or am not earning them quickly enough. But far from feeling too bad about it, it's just pushing me to reach my personal target of 1 BTC in savings by the end of the year. If it ever reaches even $10,000 by early 2018, I'll consider myself an absolute genius for ensuring I reached my goal before then.

Big fat correction? You bet! Been holding off earnings for a few weeks and hoping to request them when the inevitable, if temporary, correction comes.

Yes, I know. Lots of others may have known about this. But it was a cute Easter egg anyway. Only came here more than two years after creating my first account, couldn't even remember the username or email. The second coming was a lot more fun for some reason, so I stayed. 12 days, 17 hours and 56 minutes later, enjoying every bit of this bloody forum

Is this a screenshot of the wallet History tab and not address history? I'm afraid you're mistaken if that's the case cause it's pretty apparent that this address isn't part of your Electrum wallet. You can look at your Address tab, click the collapsible Used option. I doubt it's there.

At this step, you need to complete the tx by signing from the other wallet. You still didn't reply to my questions above so I don't know if you set it up right. But you can try this anyway from here and see if it works.

Click the "SAVE" button to save this tx as a file. Then use your other wallet to LOAD the file created. If that worked, you should be able to sign and broadcast.

OR use the QR code (in between the COPY and SAVE button) and simply scan it from the other wallet. Sign and broadcast. If neither of this steps work you need to respond to questions above to confirm you set it up right in the first place.

Hey there. Actually I've never attempted the exact situation you have (Electrum and Coinbase) but assuming that it should work just the same as using 2 Electrum. Just to confirm (and sorry for assuming), did you correctly set up Coinbase to be the co-signer? Ie. both addresses on Electrum and Coinbase are the same? Because if not, I think you can still create the second Electrum 2of2 wallet (say in a USB stick) enter the Wallet1 master key and then you're ready to try again, co-signing from wallet2.

Otherwise, just try saving the partial tx and then load it from Coinbase (I don't use CB so don't know how this works) or scan the QR code with the Coinbase wallet. That should let you complete the second signature.

Fees should be (and are) calculated based on satoshis per byte because each block a miner finds now can only store a maximum of 1 MB of data. More inputs and outputs (where your coins come from and where they are going to) generally increase the size of the transaction. At its leanest (1 input and 1 output), txs are around 250 bytes in size.

Think about it as paying miners to include your tx in limited blocks. This encourages me to consolidate payments, make fewer bigger spends in favour of multiple smaller ones. I take up less space and save on fees.

Nicely done on Week 1 for those 120 pointers!

I got killed in this first round by attempting shock results for the wrong teams... a Man Utd draw, a Newcastle upset for example. Even my own Liverpool confounded me by being much of the same they were last season. Lessons learnt? A team's pre-season is not indicative of opening day performance. Anyone else think the doomsday cultists are starting a bit too early on Chelsea?

I suppose this is extra proof of why I should keep my day job

I think OP's reason for moving it out is partially explained in his last sentence: he is a libertarian and does not wish to contribute to state taxation, which he believes is helping to sponsor violence (war?). We can assume then that he is seeking the best alternate jurisdiction to do something like this.

The bad news is that OP may still have to cough up some fiat and get taxed on that if you want to move and change your tax residency - unless you already have an initial capital. Papers to legitimise your move cost money. Unless you find a lawyer willing to settle everything for you and get paid in crypto (all the same, the lawyer will pay tax on your behalf in that case). Initial tax unavoidable I feel.

The good news? Plenty of tax jurisdictions that would welcome your investments. Luxembourg comes to mind and is Bitcoin friendly. Brunei Darussalam is even better for 0 tax, is neither pro nor anti crypto, but almost impossible to gain citizenship if that's also a concern.

Tell you what, even at that rate, it's still some way behind new numbers of people hooking up to the Internet or even registering for a mobile phone line. So in that respect alone, there's still so much space to grow into and it's still not too late to buy into Bitcoin. It's incredible to think that still less than 0.5% of the population have Bitcoin, by the most optimistic estimates. And of those, I would say the large majority "own" coins but merely on exchanges like Coinbase.

It really is an amazing time to be around. $10k around the corner you say? A few months ago and I would be dismissing it. But after witnessing post 1 Aug? I have to reluctantly agree.

Purely for organisational purposes, I would tend to agree with you - a lot of businesses who provide services fail to do well at one thing, instead attempting to do so-so on many things. An exchange should run on a single platform and a separate entity should run the trades. It's legal protection for both the customer and the service and makes regulation a little simpler.

On the other hand, your solution doesn't sound very practical. You can remove any references to fiat, you can remove all means to transfer out into fiat, but don't believe for one moment that this will make you safe from regulation. Governments will still want to know where you got your crypto from. You'll also want to realise the profit at some point for overheads at least. Banks will want to know where you got that cash from.

In the past, students used to seek out teachers/masters who had views opposed to their own. It was a form of strengthening their stances, improving their arguments and discovering the chinks in their answers. That been said, I've always been slightly wary about formal education. I don't believe in top universities or top brains. I've often found that the very best brains are nearly incapable of imparting their knowledge. On the other hand, an average person who knows great teaching skills, understands how to interest the student and guides rather than teaches - those are few.


Yeah, 5 posts above you. On the same page

There are a great many places to learn about Blockchain/crypto/Bitcoin, this forum itself is a great resource (once you learn how to navigate past the debris), especially if you can identify the users who post the most educational/useful info (staff and a few Legendaries are by far the most helpful).

But if you're talking about accredited formal education, I've been most interested in this one at the University of Nicosia.

https://www.unic.ac.cy/schools/distance-learning/computer-science-msc

It offers distance learning for a Msc in Computer Science majoring in Blockchain Tech. One of the lecturers is Antonopoulos, whose works I really enjoy (you can watch some of his talks online to get an idea of how his classes look like).

It won't be long before the so far silent voices of the exchanges, miners and users from places like India, Republic of Korea and Japan will start making themselves heard, once they realise just what kind of beast Bitcoin is! I can just imagine what kind of impact almost half of the world will have if just the entire population of China and India hook on.

The current scene is dominated by the opinion of "the West" and China, but today's giants will experience diminishing effects of the influence they are trying to exert on Bitcoin.

If a $1,000 increase feels amazing, remember that this is only a 25% increase - all too common with crypto. Imagine what the same percentage would mean at $10,000.

Listen to that famous parting advice we need to remind ourselves constantly about. Never invest more than you can afford to lose. I would even say: sell off enough to recoup your outlay, or to always keep yourself motivated by "locked-in" profits. What's probably worse than investing $800 and having it drop to $500 is seeing it rise to $5,000 and regretting not selling a portion when it crashes to $2000 the next week.

Hello DS, my (re)application:

Username: buwaytress
Post Count: 1324
BTC Address: 1MutosGKf4n6w3aqSvbZjxLjt1PHkRQjR7

On the same serious note as your post and to satisfy my own curiosity:

1. Aren't the Amish famously resistant (or even against) modern forms of technology? Or is this a stereotype that's not uniform across communities? I would assume from your name you represent a conservative Amish community. Crypto is rather on the extreme end of modern tech.
2. How much alms would you expect to gather? World hunger won't be solved with mere money, not even millions.
3. What's the plan? Create an Amish coin and save world hunger? You do not want to add on to the growing pile of dead alts helping worsen the climate change situation and contributing to... world hunger.

Actually, I'm really curious about why someone with your significant experience would ask such an open question. As you already say, the range is wide. The most successful day traders I read about claim a consistent profit of around 1% per day, working out to about 20% a month nett. Many of them use trading bots (not to make trading decisions for them but to automate trades for them), but I couldn't say if these claims were true.

My feeling is that most traders who lose are unlikely to announce it, while those who profit tend to share. So expectations are skewed based on visible evidence.

Don't think your experience means you're prepared for crypto! It helps, but you'll take time to adjust.

Despite my personal distaste for the way Coinbase and the Blockchain Alliance keep making moves on regulating Bitcoin, you can't fault their tactics and approach as a business. A tiny, little bit more professional than the likes of Polo, formal relationships with financial institutions and being the first to get US regulatory approval... their success is well deserved.

Got to "love" their corporate stamp on Bitcoin too...

Out of curiosity... could you share this address with all those dust? Are you certain they cannot be somehow consolidated? I won't assume to know more than you but there seems to be one way at least to try do this.

I wasn't aware there was this much lying around (only came to the scene last year. I sent you a PM in case you don't want to share. I have a few ideas!

Indeed, the willingness to trade is the crucial factor here. Something that collectors of very expensive luxury items would know. They all agree among themselves that the value of their holdings are slowly but surely rising. What they might have spent a fortune on years ago is worth a lot more today, with increasing rarity and uniqueness. But the real problem, which many recognise, is finding someone willing to trade for it for its perceived value.

Saw a show recently about a guy who spent $2million worth on special edition Nike shoes, enough to fill up an entire warehouse, all on display in immaculate condition. He tried selling it for $1 million, HALF of what he invested, insisting it was worth much more. He wasn't wrong, and Nike enthusiasts might agree... but the rest of the world wouldn't think so.

So you might bank on cheese, and hope more and more people agree that cheese is valuable and can be convinced to trade for it. The same way we're all banking on Bitcoin