In addition to what was mentioned, you can open the console and type the following Code: ismine("Your_Bitcoin_address") This code will tell you whether this address belongs to you or not, but it is best not to reuse any old address for privacy reasons. If you want to check if an address belongs to your wallet in Electrum, it is so much easier to just use the "hidden" search box in the Addresses tab from the UI, since it is more user friendly. All you have to do is to press Ctrl+F buttons on your keyword for it to appear.
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Considering that "what month it is" has little to no effects on bitcoin market I have to say that we can't predict the price like this. However, this month we have the increasing energy price and as we get close to another Hard Winter, for the second year we are going to see increased inflation and I don't think the increasing interest rates policy can help anymore which means this time the inflation won't be accompanied by recession and as a result bitcoin price can finally start going up.
As you can see, it is a big chain of events that is affecting bitcoin market, not just the month we're in and what happened in the past!
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I'm just hoping to automate generation of BIP-85 child seeds with a script for fast access.
Since BIP-85 is not popular and what you want to use it for is not used by others, the "script" you are looking for probably doesn't exist either. You should write it yourself by using the existing code in Iancoleman repository for instance.
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Bitcoin is already fixing a lot of that by design. You see the reason why most of these scam methods like using card skimming devices, cloning your card, stealing your pin, etc. happen is because there is a middle man between the user (aka the owner of the funds) and the holder of the funds (ie. the bank). So the scammer comes in between as another middle man and takes the secret information during the communication between the user and the bank.
In bitcoin the owner of the funds and the holder of the funds (and keys) are the same. There is no middle man involved so nobody can use any of these methods to steal your secrets.
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I come from a country where their are no job
Then make a job! You don't have to become an employee, you can become an employer yourself. Of course it depends on your degree and your ambitions and how willing you are on taking on challenges and enduring hardship. For example do you think any of these big companies with thousands of employees (like Microsoft, Apple, etc.) were created out of thin air overnight? It took years of dedication and hard work to build the company to what it is today. There is no reason for you not to be able to do something similar even on a tiny scale. In fact if what you claimed was right, that means there is going to be little to no competition.
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In a financial crisis you'll face higher prices (inflation) while your income isn't rising or you get fired (recession) as we've seen over the past year specially in Europe. Bitcoin can not really help either of these specially since bitcoin price itself is quite volatile and has been affected by the recession itself. The only thing that bitcoin may help with is to provide you with some extra income, whether you are trading bitcoin or doing additional jobs to get paid in it. But the trading part is risky and the jobs are mostly low paying.
The rest of the things you said about Bitcoin are characteristics of it that are good on their own but they aren't really helping people during the financial crisis.
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The ban on high end semiconductor and the following fabrication equipment for those semiconductor is going to damage China so even if there will be a rise in competition against American products, you have to understand that they're probably going to be competing against low class tech since there's still the ban on imports of high-end semiconductors which is pretty crucial if you want to make locally produced, cheaper and high-end tech then those high-end semiconductors are going to be a crucial part for that and all the countries that's producing this semiconductors are already in agreement with the US to not do any importations to China.
You are talking short term, I'm talking long term. The ban on semiconductor exports to China will damage China in short term and they will obviously suffer (as they've already been damaged). On the other hand, in the long term the China that could freely import semiconductors is different from China that can no longer import them. This new China was forced to manufacture them domestically and so far they have had great success in acquiring the technology and producing high end semiconductors. That means in long term they have the potential of easily overtaking the global market for semiconductors and their products. You have to understand that what we call "high tech" is not some alien technology that was acquired by a group of people in a one time only visit from the outer space aliens If you dedicate funds and brainpower in any sector you can reach the same technology anywhere. It's not like China is a poor country with no money, we all know China has more than enough money to invest in these sectors and reach the same tech level.
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There are two theories
The first theory is they actually have a good team of professionals to secure the exchange system. But the technology keep fast moving forward so do the hacker so they try to find the variabilities on the system, in fact, white hacker and bounty hunter get paid to find a bug.
The second theory the exchange didn't get hacked at all tho they only wanted to exit scam but this theory only a conspiracy theory hahahh but anything could be happen right?
These are more like different categories rather than different theories. When we say "exchanges" we are talking a bout many different companies, for example something like Yobit is different from Coinbase! The former is a shady business and the later is a registered and regulated company. So it is not a "conspiracy theory" when we say some exchanges scammed their users by lying to them about being hacked. There are actual cases of this happening. There are also other cases where despite all the effort the exchange puts into securing their system, they still get hacked.
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Binance does not really care about sanctions, you can see that when a particular company blocks Binance from operating, they find a way around it, and also they are guilty of allowing themselves to be used for money laundering for the purpose of violating international sanctions.So with all of those companies having already left Russia earlier, I wasn't surprised that Binance was still there.
That's the point though. Those other companies also didn't leave Russia. Not willingly anyway, they were forced to leave. After all Russia a huge market for them to make large amounts of money from. The point is that if you look at a lot of these companies, they never really left Russia. They did something similar to what Binance did, they remain in the Russian market through different means like proxies or different companies. For example the Auto Industry in Europe like in Germany stopped exporting cars directly to Russia, but they never stopped exporting to Russia! What they did was to find a third country (for example Armenia and if I'm not mistaken Georgia) to act as a proxy and exported their cars to that country which would then send them directly to Russia. This is why my theory is that Binance (which does care about sanctions) created this "separate" business so that when US sanctions it, they are forced to only sanction Commex not Binance ergo it wouldn't affect the main business.
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Seems like nobody answered that. The significance of the public key hash is that it shortens the scriptPubKey, which in consequence shortens the transaction size. Compressed public keys are 33 bytes, whereas a RIPEMD-160 hash is 20.
When you want to talk about size of transactions it is better to consider both transactions, the one creating the output and the one spending it. In this case the sum total size of the two transactions is larger when using the scripts that contain the pubkey hash instead of the public key itself (ie. P2PKH vs P2PK for example) because there is an additional hash size (20 bytes) and additional OP codes (each one byte) in the scripts.
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Blaming continued losses on market conditions, emotional state, etc. is one way of looking at it, another way is to realize that your trading skills need a lot more work specially if you think you are losing because "market is consolidating".
Of course there are times when the market is not as predictable as you want it to be, but a skilled trader has enough experience to know how to make some profit from any market conditions. For example they can make profit even when the shitcoins are dumping. Not to mention that we are talking about the cryptocurrency market, that includes altcoins which means there is always some shitcoins that are being pumped and the profit is there, waiting to be grabbed. But not for those who buy and bag hold, hoping for a long term rise.
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This sounds more like Binance with another name, Commex! If they wanted to "exit" Russia, they wouldn't just smoothly transfer all their user data to another "domain name" like this. With all the sanctions on Russia, they may want to maybe put a little distance between their main business and Russian users but at the same time not lose all that revenue.
Didn't they do a similar thing for United States? Of course the domain and the company name was similar in that case (Binance-US) under a California registered sister company called Bam Management US Holdings Inc. Whereas the original company is somewhere in Japan or Malta or Shanghai or ... lol
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Ever since COVID pandemic with its recession, the predictability of the market has significantly diminished because the so called "cycles" trend was effectively broken. If you look at the chart, in 2019 we are seeing the repetition of the same 4-year cycle trend but with the pandemic starting it is stopped and then it crashes before it can turn into a full scale rally. Half of 2020 is bear market which is completely against the "projection". Long story short, in a normal cycle price should have been half way to 6 digits already. But instead we are still stuck in $20k-$30k levels.
This is why I think the rallies will happen somewhat similar to before but the size of them are unpredictable so we can't know whether it is going to get to $200k as you mentioned in OP.
P.S. The first chart is a very interesting way of representing the cycles, thanks for sharing.
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I can only hope it does not get worse with mass executions and the military pillaging the civilians.
Such things only happen in the Western orchestrated coups where those involved are taking orders from foreign powers and they have to suppress the people in order to be able to rule over them. In case of the coups in Africa, from what I've seen, they are coming from the people themselves not some foreign powers which means if there would be any executions it would be execution of the foreign criminals and occupiers. But of course we have to wait and see what the future holds. So many similar previous revolutions were shut down by the colonizers by mass murdering people in order to shut it down and revert the changes.
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A transaction is valid when it is confirmed by miners, validate by nodes and a first confirmation is most important.
In practice if a transaction is included in a block, it is most definitely valid because of the financial incentive miners have to make absolutely sure they are not creating an invalid block and lose the reward for their work. But technically a confirmed transaction can be invalid, the only way to know if a transaction is valid is if your node has validated it.
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I would like to add my version, which is that the public key is used to encrypt data, and the other party will use the private key to decrypt the encrypted data. Public key hashes are the encrypted form of the public key, which is smaller in size and is the compact one.
I feel like you are confusing 3 different algorithms with each other. 1. EncryptionThis is a reversible operation where you create a "ciphertext" from a message using a password. The one with the password and the ciphertext can decrypt it to get the message. Combining encryption with public key cryptography will give us the hybrid systems such as ECIES where you can encrypt a message using the other party's public key so that they can decrypt it using their private key. 2. HashingThis is an irreversible operation where you compute a fixed size digest from an arbitrary size message. In bitcoin (addresses) we use hash functions to shorten the public key (or the arbitrary size script in pay to script addresses) and consequently the size of the address that needs to be copied. It's purpose is not to "hide" the public key since there is no security risk in revealing your public key in an asymmetric cryptography. If there were, the algorithm would have been obsolete. 3. Digital Signature AlgorithmTo put simply in the asymmetric cryptography algorithms you use a DSA to prove you own the private key to the revealed public key. For example in Bitcoin you sign a transaction with your private key (using ECDSA or ECSDSA) to satisfy the conditions in the smart contracts containing any of the OP_CHECK(MULTI)SIG(VERIFY) operations, so that you can spend the coins you have.
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I think the main reason for these coup in these Africa countries is because of bad leadership, from what I saw from these countries during the successful I see citizens celebrating. I normally ask as myself why are these citizens celebrating which i think that they celebrate because the leadership, government have been performing very bad, because if a government is doing well their won't celebration when a coup is successful, I think the citizens celebrate the military because they feel the military can put things better that the civilian government.
That's a good point. Despite what some of the propaganda has been saying about the situation in a couple of African countries, people are behind these changes and they believe that these changes can only happen with armed forces. Besides the problem with most of these so called "civilian governments" is not wasn't that they didn't perform well. It's because they were either installed or backed by the West or both. So the only thing these governments did was to fulfill the colonizers' interests.
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The "New Recession", which hasn't truly started, isn't because of the war. It's because of the tightening and rate hikes that the Central Banks currently need to do because of their BRRR-Money-Printing and government borrowing during COVID.
These things are not a simple and single cause and effect thing. They are more complicated than being summarized in one sentence. The war is one piece of the chain that leads to the ongoing recession. For example rates hiked because energy prices keep rising and there is an energy shortage and at the same time there is all this printed money. The energy crisis is caused by the war while the money printing is partly the COVID result and partly bad policies. The combination of these two will cause very high inflation if they let the interest rates loose... so they choose lesser of two evils and increase interest rates at the cost of causing recession. Even when it comes to bitcoin, the effects are not as simple as "we have recession so bitcoin falls". For example part of the reason is because the "debt" market where US sells its debt and pays "high interest" to those bag holding it, is currently sucking the money out of all markets including bitcoin's.
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All the countries are going through a hard time by the fall of covid-19.
The COVID recession is over, the new recession due to the NATO-Russian war is the one that's affecting the economy and bitcoin price. a big token like bitcoin
Bitcoin is not a token, it is a currency. is tumbling in the market at a low position. It started to rise a little from the bottom for several days. It also stopped again. What do the researchers think in such a situation? Let's hope for the opinion. .
Check out the speculation board for that. In short if you check the short 14 years of bitcoin market history you can see that we have periods like this where price keeps going sideways without any major rises or drops. The important thing is that the adoption is growing and Bitcoin is still the same decentralized censorship resistant currency it ever was. Which means the future growth is expected to be the same as before. These days we have two things to look forward to. The halving and the failed interest rate games governments play to keep inflation down by worsening recession. As inflation starts rising, bitcoin price should too.
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Expectation of lower supply and likely price increase may fuel positive feelings amongst investors and traders.
Bitcoin supply is constantly increasing. The thing that decreases is the rate of it. Meaning after the halving the rate at which new coins are added to the total supply is decreased by 50%. That can also mean less new coins being sold by the miners every day which means less sells pressure on the market. And we all know that less sell pressure means easier rise as there would be "less resistance". So it is not just "positive feelings" that leads to rise after the halving.
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