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1841  Bitcoin / Wallet software / Re: Opinions on Phoenix Wallet? on: December 07, 2023, 11:14:04 AM
so do i understand correctly that these high fees are only charged for the first transaction that my Phoenix wallet receives and from the second transaction onwards everything is in cents (if my wallet is filled with satoshis)?
As far as I know: yes. See the fees page.
But, if you don't have enough receiving liquidity, Phoenix will have to open a new channel again.

Android on my old phone is too old to update Phoenix Wallet, and I don't want to install more wallets on my regular phone. That's why I disabled "Automatic on-the-fly channel creation to avoid high fees" (from Settings).

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i tried the same thing with another wallet (wos) and it doesn't matter whether it's the first or fifth transaction - the fees were in the cent range...
Wallet of Satoshi is custodial, so it doesn't open (on-chain) channels for you. Phoenix Wallet is non-custodial after opening the channel. That's the difference.
In my experience, custodial LN wallets work easier. Just don't trust them with with large amounts.
1842  Bitcoin / Wallet software / Re: Opinions on Phoenix Wallet? on: December 07, 2023, 11:03:35 AM
i installed the Phoenix wallet on my android mobile phone yesterday and wanted to receive the very first transaction.
but this is canceled due to the fees i set of max. 5000 sats - the message says that the fee is almost 20k sats and i could change that in my settings Roll Eyes
See:
Receiving on-chain (swap-in or Lightning with insufficient liquidity): mining fees (+ 1000 sat one time)
Considering how high on-chain fees are at the moment, 20k sats seems correct.

otherwise i can immediately claim an on-chain transaction
That's true. But on-chain you'll pay that for each transaction, and with LN only for the first transaction (as long as you have enough liquidity).
Or just use a custodial LN wallet (for small amounts), so you don't have any on-chain costs.



I still have a few open channels in Phoenix Wallet (created years ago, when on-chain fees were much lower).
Those channels are almost empty, but have receiving liquidity. There's no point for Phoenix Wallet to close them, as it would only cost them transaction fees. I still have 2 seed phrases from different installations, and I think I have a total of 4 open channels.

Android on my old phone is too old to update Phoenix Wallet, and I don't want to install more wallets on my regular phone.
1843  Economy / Services / Re: LoyceV's Avatar for Rent [first 🦊🦊🦊🦊4 YEARS🦊🦊🦊🦊 (246 weeks) rented out] on: December 07, 2023, 10:55:14 AM
Please be aware that inside the foxhole the year has 97 weeks. At least.
That can't be, as there's evidence suggesting 4 years have 246 weeks. And counting, of course Wink

I'm more curious when "5 years" will be hit: will that be after 260 weeks, or after 261 weeks? Including all leap years since Foxpup's Merit Cycling Club started, it would be a perfect 5 year milestone at exactly 261 weeks!

As Gazeta has just shown, knowing the whole thread post by post is a necessary but not sufficient condition ever to be considered for admission to the Club.
It always scares me a bit how GazetaBitcoin seems to remember everything that was every posted here.
1844  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [Contest][ALT] Best portfolio 2024 on: December 07, 2023, 10:38:22 AM
Two years ago (2022), I won by picking stable coins before the bear market hit. Now, with the Bitcoin halving next year, I'm not going to do that.

This year (2023), I started with this:
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29. LoyceV: $1000.00
Tether Price (499.93691945 USDT): $500.00
Monero Price (2.71518292 XMR): $400.00
Dogecoin Price (711.30830865 DOGE): $50.00
TryHards Price (22347.62420683 TRY): $50.00
And now I'm here (ignore the small change in amount of coins):
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39. LoyceV: $1046.04
Tether Price (500.00000000 USDT): $499.79
Monero Price (2.71499355 XMR): $463.18
Dogecoin Price (710.85330831 DOGE): $67.36
TryHards Price (22253.57503683 TRY): $15.71
Not very impressive, which is why I'm not into trading altcoins Wink
The last one went as expected:
I've added TryHards just because it sounds cool. And because it's seriously far down the list. Obviously I don't have very high hopes for this one, so don't take this as investment advice.



1. For 2024, I have high hopes for privacy coin Monero now that theymos is going to ban advertising mixers, so that's my first and largest pick.

2. I still have hopes for this:
After thinking about it for a while, I added Doge, because the damn thing bubbles up once in a while. Who knows, it might do it again.
So I'll add Doge again.

3. My third pick is going to be Stellar Lumens, because it also seems to bubble up every 4-ish years. Although extrapolating the graph, that's going to happen in 2025. In that case I'll just add it again the year after.

4. That leaves the shittiest of all shitcoins, down even further than the Top 100. I'll just pick #101, which I've never seen before.

To summarize, this is my 2024 portfolio:
Monero50%https://www.coingecko.com/en/coins/monero26
Dogecoin25%https://www.coingecko.com/en/coins/dogecoin10
Stellar20%https://www.coingecko.com/en/coins/stellar24
Sei5%https://www.coingecko.com/en/coins/sei101

Good luck to all!
1845  Economy / Reputation / Re: [Discussion] Bitcointalk Community Awards 🏆 on: December 07, 2023, 10:09:07 AM
I've been nominated for this category before. I'm just wondering, if I change my name to LoyceV.girl, would I win? Cheesy
Little did I know my nickname was female when I pulled it out of a random generator in 2015....
You never know what is going to happen. Ask theymos to make the change, and we will see next year  Cheesy
I changed my mind: it should be Ninja.girl for maximum category compatibility Smiley

There is no one named Ratimov.  Wink
Doesn't that make him the perfect antihero candidate?
1846  Bitcoin / Wallet software / Re: alternative to coinomi (android) on: December 07, 2023, 09:36:16 AM
I used Unstoppeable wallet for some time, but it lacks too many functions (like coin control) and doesnt support many coins.
I don't mind the lack of coins (which I don't use anyway), but coin control is indeed needed. I'm using Tor and "From Blockchain" instead of API for maximum privacy, only to get my inputs connected on-chain.

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Yesterday I had to receive some payment using XMR, and then I discovered Coinomi is supporting it (it generates addresses) but it doesnt sync and doesnt send coins. Terrible!
I don't get it: this is the reason I posted What happened to Coinomi?, which you Merited and linked from your OP. Why did you still use Coinomi for Monero?

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Terrible experience, stay away from coinomi. (Great software, but abandoned)
Last update: March 19, 2022. It's unfortunate.

I now use Feather for Monero (dust), a hot wallet on my desktop.
1847  Economy / Services / Re: LoyceV's Avatar for Rent [first 🦊🦊🦊🦊4 YEARS🦊🦊🦊🦊 (246 weeks) rented out] on: December 07, 2023, 09:23:35 AM
our gang.
this group.
It's a Club Wink
1848  Bitcoin / Bitcoin Technical Support / Re: Sending your BTC what to pay. on: December 07, 2023, 09:14:57 AM
BTC could free the blockchain by no sends smaller than 0.0005 btc that is 21 or 22 usd.
That would mean increasing the dust limit 100-fold.

There are currently 22747542 Bitcoin addresses with less 0.0005BTC (using yesterday's data). That's 44% of all funded Bitcoin addresses, holding 2593.58118332BTC in total.
I don't think the protocol needs to exclude those small Bitcoin owners. At current fees, their inputs are too small to send anyway.

I'm more for education, like my "consolidate small inputs" topic. People should try to avoid receiving small amounts of Bitcoin. Whenever possible, use small change for something else. Be smart on manually using coin control. Wait for regular payments to reach a larger amounts (mining pools could educate their small miners on this). Or indeed, just use low-fee altcoins for some payments. But that's not the scaling solution Bitcoin needs.
1849  Other / Meta / Re: Letter to Theymos: Provide medium for the forum in the face of the mixer ban on: December 07, 2023, 09:01:28 AM
One benefit of allowing advertising of these campaigns (that will become clearer from the ban forward) is the force of good practice on services by holding reputation as collateral in exchange for advertising.
I've seen many scamming mixers over the years. Until recently, I didn't realize some mixers may just be created by non-scamming bad guys in need of good people looking for privacy. I can't be certain which mixers fall in which category, but by now I think it's likely both exist.
I also considered Bitcointalk the place to be to find honest mixers. It's weird though: that could mean a honest mixer is ran by what some governments consider to be criminals.

To top it off we have a staff member who acknowledges the following:
Instead of offtopic and trolling, better do some forum research if you're so interested.
But who does not take action on this, such as deleting the ridiculous off topic garbage replies from Shenanigan on the subject.
"Staff" members can't delete posts. Xal0lex is a Moderator on his own boards, not on Meta.

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BenCodie, please change the thread title to something like: "Discussion, LoyceV powers on the forum."
The off-topic troll is welcome to spam LoyceV's reputation thread.
I've deleted my post responding to the troll. I should have known better.

The title of this topic is a little misleading as I initially thought that it had something to do about the mixer ban.
I thought the same. That probably didn't help in staying on-topic.

I'll be making a new self-moderated topic if a moderator doesn't remove the obvious spam
You can't do that in Meta.
1850  Economy / Services / Re: LoyceV's Avatar for Rent [first 🦊🦊🦊🦊4 YEARS🦊🦊🦊🦊 rented out] on: December 06, 2023, 06:23:46 PM
Two hundred and forty-sixth week paid.
Thanks again for your flawless timing!
Putting the kids to bed messed up my timing, and they're not even in yet. Wish me luck!

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Activity: 4200
Now that looks nice Smiley
1851  Bitcoin / Bitcoin Technical Support / Re: Sending your BTC what to pay. on: December 06, 2023, 04:28:33 PM
So today, I am in favor of using the WoS. It's smooth and works well. But yeah... custodial solution...
For small amounts, I don't mind. Compared to the amount of money people keep in exchanges, it's tiny.
I haven't tried it, but you can probably fund it from an exchange directly. Imagine topping up your Bitcoin LN wallet with a 5 sat transaction fee Smiley
1852  Bitcoin / Bitcoin Technical Support / Re: Sending your BTC what to pay. on: December 06, 2023, 03:30:14 PM
Some say USE Lightening Network if you have tech skills and are prepped you can try it.
If you don't have tech skills, use any of the easy LN mobile wallets. Phoenix Wallet for instance (although on-chain channel opening is costly at the moment), or one of the custodial wallets (but only risk small amounts in them) so you don't need anything on-chain. For instance: Wallet of Satoshi. Then use your favourite low-fee altcoin to get LN-funds from an instant exchanger.
1853  Bitcoin / Bitcoin Technical Support / Re: Sending your BTC what to pay. on: December 06, 2023, 03:19:39 PM
It shows 200 sats as a possible working fee.
That's how you end up paying $90 for a small transaction (923 bytes) with 6 legacy inputs.
I hate to say it, but Bitcoin is useless for sending transactions at the moment.
1854  Bitcoin / Mycelium / Re: Mycelium wallet import help. on: December 06, 2023, 02:34:23 PM
The reason I wanted a new wallet was because of the increase of fee and mycelium does not support lightning network I don?t want to spend $13 for a $30 coin.
With such low value, I'd use Ian Coleman's site, and import just the funded private key into Electrum. Onces fees are lower, send the funds to a new (HD) Electrum wallet.
After this, consider your Mycelium seed compromised and never use it again.

I have seen all three in my mycelium but I used “bc1” to receive my coin.
My (default) Mycelium uses m/84'/0'/0'/0/1.
1855  Economy / Reputation / Re: Royse777 will not pay anyone for the last week /Sinbad campaign/ on: December 06, 2023, 12:23:37 PM
If you say that yourself, you make me think that what we have repeated so much over the years about bitcoin being uncensurable has been revealed to be untrue.
Bitcoin still works fine, but real-life consequences are still a thing.
 
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We've seen some opinions along those lines in the following thread as well:

OFAC-Sanctioned Transactions Being Censored
Thanks, I'll add it to my list of things to read Smiley
1856  Bitcoin / Bitcoin Technical Support / Re: My BTC transaction has been pending for 26days on: December 06, 2023, 12:17:24 PM
i made new transaction and it seem to be fine now
That's $90 in fees for less than 1 kB Shocked

For future reading: my topic on consolidating inputs and transaction fees. Using Segwit also helps.
1857  Bitcoin / Bitcoin Technical Support / Re: What's the current state of replay protection for the forks? on: December 06, 2023, 11:51:16 AM
You may want to read LoyceV's Bitcoin Fork claiming guide (and service). Don't look at the Forkcoin prices in that topic, but the other information is still valid.

Last time I checked, BCH, BSV and eCash don't have replay protection. Get some Fork dust on each chain, and include that in your transaction to prevent replaying on another chain.
I used to include BTG and BCD too. Depend on how many coins you had it may or may not be worth the effort. Don't forget eCash, which is a BCH Fork but still worth something.

1. Send the BTC to a fresh hardware wallet, wait for it to confirm. It's now safe.
Correct. Even better if you include offline signing. No need to risk your private keys on a hot wallet.

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2. Now download whatever fork wallets and claim those.
I wouldn't trust them on my main system. I prefer to use either a VM or a dedicated laptop that I wipe after each Forkcoin.

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3. Send forks wherever and swap for BTC.
That's the way.

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Are there any safe non-KYC exchanges where I can do the swaps?
They exist, but I don't dare make recommendations. Do your own research, and don't trust them with more than you're willing to lose.
1858  Economy / Reputation / Re: Royse777 will not pay anyone for the last week /Sinbad campaign/ on: December 06, 2023, 11:14:29 AM
While everyone thinks that Royse777 is looking for a lawyer. In the meantime hr is busy arguing 😕
I was asked to make the pay rate $14 per post which I could do very easily since the money is not going out of my pocket but imagine would that benefit the project? No.

As a campaign manager I think our job is to balance the marketing budget and the ROI. Sinbad was a prime example of a successful brand until ...
This is bad! When someone is unable to pay campaign participants it is not wise to discuss how much per post you can pay. I thought he was busy finding a solution to the ongoing issue.
I don't think raising pay rates right after theymos announced mixers will be banned is a smart thing, and I don't think increasing advertising efforts is correct use of the month given:
To avoid disruption, there will be a grace period: Nothing will change until Jan 1, 2024.
I'd expect a more careful approach towards mixers from someone who's in possession of banned funds.
1859  Bitcoin / Bitcoin Technical Support / Re: n00b thinkings (dont laugh) on: December 06, 2023, 09:57:38 AM
As an alternative, you can just backup your wallet data. That's how Bitcoin Core backups work: copy your wallet file to a USB stick, test it, and make another backup on a different brand stick. Then, just to be use, make a new copy on a new stick every year.
1860  Other / Meta / Re: Sanctioned Services and the service traceability to this forum, Any danger? on: December 06, 2023, 09:33:35 AM
It seems to me that ChioMixer was a genuine effort for Bitcoin privacy, while Sinbad was an operation made to mix the operators legitimate coins.
It could be. If the bad guys were in charge of Sinbad, that explains why they were quickly trusted enough to send them millions of dollars worth of Bitcoin. Pretty much anything can be used for good or evil, but starting a business for evil is very different than a legitimate business being abused.

It made me curious about Tor:
~  a small fraction of users globally (∼6.7%) likely use Tor for malicious purposes on an average day. However, this proportion clusters unevenly across countries, ~
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