Good luck with that.
I see no reason price should go to 1400$ before some substantial correction. It's almost hit or miss in my opinion.
As i said, news may drive next movement. LTC related news, eventually.
Why not ? There has to be a Reason to reach a new ath, investors are not dumb the big ones Ofcourse Thats How i am thinking there gonne pump iT this time higher then iT Will sink alot again. why call it pump, and why expect a big sink! i don't get it. the biggest FUD of this year was the BU split FUD that could only cause a dip down to $9XX range and momentarily testing the $8XX range. and that didn't even last long! and that was the biggest FUD, what else do you think can be that big to cause such a dip, specially if price goes higher.
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I'm sure they spend millions as well. It would take several years of 0.2% transaction fees to save up $65 million.
very interesting. i checked via https://data.bitcoinity.org/markets/volume/6m?c=c&exchange=bitfinex&t=band their total volume was $3,179,103.85 in the past 6 months and with 0.2% trading fee they can make $12,716.41 (an exchange take fee twice from the one making the order and the one filling it although fees may be different). to make millions they had to have other ways of making money! margin trading fees, if that is a thing (i have never looked at it!), lending (if they have it), trading themselves on their own platform or other places, also they have altcoins too so we should consider those volumes too. Your numbers are wrong. The data is in bitcoin, not fiat. 3,180,000 BTC volume in 6 months. This is a huge difference. click on the link that i gave here, then scroll down a bit, under the chart there is a link on the right side saying export, that gives you the raw data in CSV or XLSX format and inside that there are two columns called Time and USD. that is why my total number which was calculated with that data is in USD.
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~ You're welcome to hack that one ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ~ i think you misunderstood me a bit. if it was hackable this way first ones to be hacked would have been the big exchanges hot wallets and then services which contain 100s+ bitcoins ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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And I talk here about use of the same address for more than a year.
one additional thing about address reuse you need to know is that you are also putting your public key out there. here is the pubKey belonging to the address you put in your profile: 0470937b16d2f04f216327702c40997b0d6acda345fe5a538b55a5487297cad2e643057eb4e5dfbdb6a1fe48a499bc970c8114df35e574e4e705ca015a34381fcc
and this is directly derived from your private key after usage of ECDSA. there is no SHA256, HASH160 performed on it like your bitcoin address starting with 1. while this is still perfectly safe and there is nothing to worry about, but in the future there may be some weakness found in ECDSA and used to find private key from that pubKey you already revealed by spending bitcoin from that key. this is a small chance but still something to consider
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Does anyone know if older versions of Electrum ever had this weakness?
to my knowledge no, and it is highly unlikely because as i said these are rare cases. OK, now I'm starting to worry. I've been using Electrum for some time now but everything's been fine.
Things are still perfectly fine. there is always a chance of unknown bugs being found but the chances are small. and the chances of those bugs being serious are much smaller. and Electrum has been being using for many years by many users. and most of these bugs show themselves through usage.
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0.) Spammers stop spamming the network with spam transactions, or they run out of money. also miners stop putting their own transactions in the blocks they mine to waste space which would otherwise be free. The transaction rate has hit the 1MB blocksize limit. The only solutions are:
1.) Less users use the system. 2.) Users only use the system for larger amounts. 3.) Change the protocol (which requires consensus that it would appear is impossible to achieve)
Note: In the past miners increased the blocksize until they hit the 1MB limit and could go no further.
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i have no idea what coin.bn is! are you by any chance talking about this: https://coinb.in/#newTransactionin any case, CPFP is Child Pays for Parent and it means a receiver pays the fee of what he received, to put simply. as a sender it is best if you pay higher fees in the start, and also use opt_in RBF so that you can increase the fee. you can use Electrum for this easily. but to use CPFP as a sender you can do this: if your transaction is creating two new outputs (meaning you have a change address that are receiving the remainder of bitcoin in it) you can use CPFP on that. i am not sure which wallet lets you do that, i have never had to look it up! but technically you spend that transaction and pay higher fees, this fee needs to cover the fees for the previous transaction and the new one. for example if the previous tx needed 0.0006 BTC fee and the new one needs 0.0004 BTC, in your new tx (the CPFP tx) you pay 0.001 BTC.
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Now, i will not sell my bitcoins, even i have a good profit right now, if i sell my bitcoins now at this price $1236. But i will wait for a time, when bitcoin cross $1300 and will be reach at $1500. Because i want to see bitcoin at $1500. For me, it is huge price of bitcoin and i will wait for it.
it is funny because i remember people saying the same thing last year. they said "i will sell my bitcoins at $1000 because that is a huge profit and price can not last there, it will fall, blah blah." now we have the same situation, price has been staying above $1100 for the best part of last couple of months and that last year's $1000 target for people has also moved up! and it will move up when we reach $1500 and then $2000 and so on!
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So then the formulae I'm using are close enough that it shouldn't be off by 10% and should at the very least should be a good indication of what the fee should be, right? In the end that's all I'm looking for is an estimate.
as long as you don't have some crazy number of TX_In and TX_Out (something like 300) the fixed amount of bytes you add is 10 (4 version + 1 TxIn count + 1 TxOut count + 4 LockTime). also as long as you are using a Pay To PubKey Hash and also use Compressed private keys (like the address you have in your profile which has a compressed private key) your formula is correct.
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What would cause multiple input scripts to use the same R value? I'm hoping this wouldn't happen with Electrum just from reusing an address?
"some weakness in implementations of the Elliptic Curve Digital Signature Algorithm (ECDSA)" in other words: "poorly written code" ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) a somewhar similar incident was blockchain.info and their Android wallets. they used random.org to generate their random number (i think it was the k value but i am no expert and have terrible memory!) and random.org changed some stuff about their url so the page gave an error page, so all the wallets created at that particular time hit a brick wall and generated the same private keys and people lost a lot of money!
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I'm sure they spend millions as well. It would take several years of 0.2% transaction fees to save up $65 million.
very interesting. i checked via https://data.bitcoinity.org/markets/volume/6m?c=c&exchange=bitfinex&t=band their total volume was $3,179,103.85 in the past 6 months and with 0.2% trading fee they can make $12,716.41 (an exchange take fee twice from the one making the order and the one filling it although fees may be different). to make millions they had to have other ways of making money! margin trading fees, if that is a thing (i have never looked at it!), lending (if they have it), trading themselves on their own platform or other places, also they have altcoins too so we should consider those volumes too.
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it doesn't matter the motivation was or what the conditions were, the first $1350 counts. real money was paid for it.
the current $1350 does not count.
Exactly. The ETF decision day peak was caused by real people (or their bots) spending real dollars in a FOMO rush because they thought the ETF had been approved and someone had inside information. The current Finex price means nothing other than people are willing to pay a ridiculous premium just to get their money out. but it wasn't a FOMO rush buy, or am i missing something! the chart was crazy, it was up and down it didn't just go up merrily to $1350 and drop back to where it started. it was a short term (in matter of minutes) shoot up then dump to even lower prices than start and then back to kind of normal. edit: i knew there was a picture somewhere. this speaks for itself: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FGgTeB0E.jpg&t=663&c=I3l6MiRNh1Vbog)
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it is both, it has always been both, it will always remain both or it would no longer be bitcoin.
and that is the beauty of it. you can use it as a currency as it was supposed to from the day it was created, but since it is unique and it is secure and also there is a very limited supply it becomes a good investment too, as gold if you like to call it.
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Interesting so you mean we can use this wallet even its offline without internet? How about when transferring funds via offline to another wallet.? Well upon checking in whois the site is old and i think owner is from UK and its looks legit.. I am just afraid since i never heard that there are wallet that you can use offline.. for something sensitive like your cold storage wallet, it is best to use the most popular code. and it is not just because of trust but also because the more popular some code is, the more it is reviewed and as a result it will have far less possible bugs. i suggest using: https://www.bitaddress.org/ instead. it is more popular and more tested. its repo: https://github.com/pointbiz/bitaddress.org
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lets say the buy orderbook looks like this:
Buy orders (bids) price....volume 100......2000 90........3000 80.........100 70........6000
if you have 10,000 coins to sell you either have to place an order at price=100 and volume=10,000 or you have to sell it to these open orders meaning sell vol=2000 @price=100 (8000 coins left) sell vol=3000 @price=90 (5000 coins left) sell vol=100 @price=80 (4900 coins left) sell vol=4900 @price=70 (0 coins left) and make (2000*100 + 3000*90 + 100*80 + 4900*70) satoshi for example.
in the platform or even through API you don't need to make each single order, just sell 10000 @70 and it automatically fills these 4 orders.
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it depends on where in Asia. it is a big place with lots of countries! here you can see a list of the exchanges out there, try and find your currency: https://coinmarketcap.com/currencies/bitcoin/#marketsalso localbitcoins that was suggested is not a place to trade bitcoin as a day-trading kind of deal. it is mostly to do p2p trading as an alternative method and it is riskier and also more expensive.
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~ Time to start looking at actual exchange rates instead of aggregated data.
it is not "exaggerated data"! it is very real and it is happening. and what preev reports is just an API call to these exchanges and it reports what they report, and at this time Bitfinex is reporting a high price because of obvious reasons that are already stated.
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