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2401  Bitcoin / Electrum / Re: Unconfirmed Parent On Transaction on: April 19, 2021, 04:09:38 PM
It's waiting for a transaction that funds their address (likely from themselves) to be confirmed.

You'll have to wait for all the previous transactions to confirm.

If they're trusted by you, you might want to email and ask if they'll enable rbf on their transactions for if a problem like this arises again (it isn't enabled at the moment)..
2402  Bitcoin / Bitcoin Discussion / Re: Reduce the hash of several mining pools due to power outages in China on: April 19, 2021, 03:57:14 PM
Are you still saying that China is not mining bitcoin with all its might?

If the 21% was in the UK and they were considering a war over it, the 21% would be down for approximately 5 hours while the containers went on a trip to the Netherlands, France or Sweden where there was power.

If China were in a war type scenario over this, the power wouldn't have been cut. Emergency generators would've been rolled out in order to bring the miners back online almost immediately.
2403  Bitcoin / Bitcoin Discussion / Re: Can bitcoin last till infinity on: April 19, 2021, 03:51:07 PM
Government policy against cryptocurrency will probably encourage more investors to come to it.

International trade wars end in losses to the economy, it's not a fruitful endeavour normally.

I don't think bitcoin will last long to be honest, I'd give it less than 10 years and certainly less than 50 - but it'll be replaced with something similar but better.

Most of the current secure cryptos each lack something that a new crypto could seek to resolve in each and in time we'll get to that point.
2404  Economy / Economics / Re: What is the purpose of (fiat pegged) Stablecoins? on: April 19, 2021, 12:50:38 AM
You are missing something and it's that not everyone is the same.

Litecoin and dogecoin are not deflationary by design and they have value. The bitcoin being deflationary and a digital money system are true, but deflationary currencies and economies have negative connotations and bad affects (like how inflation has bad affects).

Inflation causes people to take risks and to invest in something. Deflation causes people to just keep holding an asset or take higher risks and either do it with less money or end up with less money.

If you check a site that tracks the defi lending %, you might understand why people are using stablecoins. Some might be trying to get a better interest on their fiat (4-8%), some might just be using it for holding funds as a go between between exchanges and other exchanges to eventually fund their bank account.

(also the more places you store funds, the less you think you have to spend and the more you save - often). If you've got $1000 usdt in a random eth address it might not be perceived as spendable as it might be if it were sat in a bank account.
2405  Other / Meta / Re: :Bug? on: April 17, 2021, 02:58:20 PM
Edit: reply displays the image for me, quote doesn't...

     You are right it is different when you quote and reply.
     I am using microsoft edge as a browser.
 
Its back to normal now I guess:
Maybe the image was cache'd or something, who knows. Probably not a bug.

     Got me excited and all. Haha, so this is the first that this came up? I can't believe I was the first to notice this. Or maybe others did but they knew it is not a bug. grrr


Firefox and brave are both doing it for me.
2406  Other / Meta / Re: :Bug? on: April 17, 2021, 02:11:32 PM
Your image is visible in the OP as I compose this - on the edit screen.

I'm guessing ip.bitcointalk.org got more aggressive and Theymos decided to drop the remove the image blocking on editing posts (if it's intentional).

Edit: reply displays the image for me, quote doesn't...
2407  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Different price for DOGE ~30% on: April 16, 2021, 09:56:06 PM
There are 2 likely possibilities:
1. If a price is rapidly increasing in one exchange but not on another it's likely because the exchange doesn't have enough funds deposited/people looking St the coin to arbitrage it.
2. They're advertising a false rate (or they're broken - tiny tiny volume exchanges be like that).
2408  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: A quick question about setting limit orders on an exchange. on: April 16, 2021, 09:53:07 PM
In normal binance this is an oco order (do you have that in the US one)?


If so these are the fields:
Limit: the price you want your buy at
Stop: the price you want your stop limit to be posted
Stop limit: the price you want your coins to be sold at on the stop (I'd recommend a bit below your stop limit unless resistence is strong).
Amount/total: how much you want to buy
2409  Economy / Speculation / Re: Don’t Panic V on: April 16, 2021, 11:40:08 AM
Thsts quite interesting, 30% seems kinda small (that's a block every 16 minutes I assume).

I'm not sure how much of the Chinese operations are actually powered by the grid too - some of the large scale ones I thought produced their own power (bitmain were trying to get a dam a while ago for example and were crowd funding for it).
2410  Alternate cryptocurrencies / Altcoin Discussion / Re: Broken phone w Coins, unknown wallet, potential back-up file, how to proceed? on: April 15, 2021, 10:51:09 PM
It looks like a NEO wallet file, indeed!
Do you remember at least which wallet you used to use? If you do, download it and import the file to restore your wallet.
The private key seems to be encrypted with a password so, you need to remember that password too to restore your wallet.

I'm assuming neo uses base58 addresses
You're correct. NEO addresses are encoded in base58. The MasterKey value in the wallet file is encrypted with AES. Therefore, encoding it to base58 isn't going to help.

I'd look up a hexadecimal to base 58 converter, I'm assuming neo uses base58 addresses (the block explorer shows a recent transaction to an address with a Q - just randomly clicking blocks).

Thank you!

Would you mind expanding?
Which key would I convert?

Would I use something like this?

https://incoherency.co.uk/base58/

I mean converting the public key hash value: and yeah I'd test out the link you found - it's base 58 so it's hard to work out whether it verifies.
2411  Bitcoin / Electrum / Re: Electrum SEED being used on a HW - project anywhere? on: April 15, 2021, 09:58:43 PM
If there's a use case for it, it's probably been discussed. I can imagine it being done with the trezor-on-a-raspberry-pi-approach as it's probably an equivelant to do it with (if it can be done).

But I think the alternative of doing the offline air-gapped machine with an online one that is in the readthedocs is probably better and potentially cheaper/similar priced.
2412  Alternate cryptocurrencies / Altcoin Discussion / Re: Broken phone w Coins, unknown wallet, potential back-up file, how to proceed? on: April 15, 2021, 07:08:44 PM
I'd look up a hexadecimal to base 58 converter, I'm assuming neo uses base58 addresses (the block explorer shows a recent transaction to an address with a Q - just randomly clicking blocks).
2413  Alternate cryptocurrencies / Altcoin Discussion / Re: Broken phone with unknown wallet, potential back-up file but how to proceed? on: April 15, 2021, 04:25:11 PM
Can you paste anything that follows "publicKeyHash" into a blockchain explorer? Be sure to just put in the number that follows to see if any balances are stored.

I'm not sure how neo works exactly but publicKeyHashes are normally addresses with coins and are publicly known from the moment someone sends funds to them.
2414  Economy / Economics / Re: Where I'd value coinbase on: April 15, 2021, 12:59:26 PM
disclaimer: this is education and my 2 cents only from what I've seen with large cap companies
Tldr: $8bn-30bn is a reasonable market cap estimate for the immediate term imo. But it's likely we'll drop hard if crypto drops. I have not bought the stock but I intend to buy 1 and only 1.
...

With an estimated 266.2 million shares, does that imply a maximum price of $ 120 per share?


It may suggest it'd stabalise there. But coinbase do have a high profit margin and my figures are based just off averages for companies.

Some emerging companies can be worth millions of times their revenue (but normally have negative profits).
2415  Economy / Economics / Where I'd value coinbase on: April 15, 2021, 12:37:10 PM
disclaimer: this is education and my 2 cents only from what I've seen with large cap companies
Tldr: $8bn-30bn is a reasonable market cap estimate for the immediate term imo. But it's likely we'll drop hard if crypto drops. I have not bought the stock but I intend to buy 1 and only 1.

I wanted to post this in case anyone was onsidering investing in them and because many might not know how to value a stock.

First of all, I'm going to focus only on earnings and revenues when working these out and provide an upper bound and lower bound for each (this isn't investment advice). Other values have potential for being "aggressively overestimated".

There WILL be a massive slump in trading next year the potentially the year after, there won't be as much day trading and many day traders will turn to turning btc into other alts rather than cashing in so this probably should be considered in everything.

Given current revenue for the first quarter of $1.8bn, this is $7.2bn for the year so would see them being valued around $14.8bn-$36bn.

Based off current profits of $750m (since they don't provide concrete data) they'll probably be valued at $10bn-30bn.

I'm not sure what the market cap of these are but if you can catch it under $30bn, it might be a realistic investment for hodling.

I think it's likely they'll be doing stock buybacks if bit coin's price crashes so selling a dip might be profiting them

It seems quite well timed they've come out with this stuff now. A 4 year hodl or a 3 month hodl would probably be my advice. Their market share might also continue to plummit since it's also only at 11% now according to their report which seems quite low. The rest I can only think is being made up from binance and otc desks.
2416  Bitcoin / Bitcoin Discussion / Re: Interesting Block 679115 on: April 14, 2021, 11:42:33 PM
However, those are still only a fraction of the number of hash calculations needed to find a hash that is less than the target hash, and the target hash (which determines the difficulty value) is the same regardless of the size of the block.

The functions used in mining blocks are probably best described similar to radiation.

You can't sit with a carbon 14 atom on your desk and say "I know for sure this one will be carbon 12 within 1400 years" but you're able to sit with a mol of carbon 14 and say for sure that the radioactive emmission will have halved within the next 1400 years.

This is similar with blocks and the programmers at the top of producing miners and their algorithms know this. They're not using all their miners to solve the same exact block and just changing nonces and version numbers. They're attacking whatever they can to be the ones to successfully mine the next block because there's money and the reliability of the network in it.

Sure an empty block isn't very productive this time around but if it'd take 2 hours to find a non empty block you may as well find the empty one and move on.

(in extreme terms, a long wait for a block could lead to a higher chance of a 51% attack or confirmations being undone if miners' algorithms decide to traverse back over the chain - as can be done with orphaning but I think 2 block orphans are rare these days in most chains).

Edit: can't decide if this is fully on topic so op feel free to report it for a split from your topic.
2417  Economy / Speculation / Re: Bitcoin will never go below $50,000 again on: April 14, 2021, 09:57:59 PM
Most people are looking at targets around 200 to 300 thousand dollars by November and I don't think it's an unreasobale expectation anymore - but still potentially unreachable this cycle.

I doubt bitcoin will drop below $30k ever now though (unless another currency overtakes it).

Edit: the seemingly endless number of bounces from the 40-46k region might make that the new $6k.
2418  Bitcoin / Electrum / Re: At what point does Electrum decipher a private key? on: April 14, 2021, 08:42:40 PM
Any number is technically a valid private key (once the remained is taken of division of the limit to the function - p)..

What electrum is actually checking is that the checksum and private key match. In one format I remember this being 7 characters at the end of the key (im not sure what format that was though).

Electrum may also check the checksum is present too.
2419  Economy / Speculation / Re: OK my apology Bitcoin is not a PONZI but I still call it a huge bubble on: April 14, 2021, 03:16:59 PM
but I still call it a huge bubble

And we still don't care lol.

Tbh I'm not fussed if we go to zero, it was fun while it lasted... It's also merely a prototype, there are many improvements that may come and there are many that could and maybe should be implemented in the main or a second layer chain. But for now, we're just waiting to see what happens as early adopters.
2420  Bitcoin / Bitcoin Discussion / Re: Interesting Block 679115 on: April 14, 2021, 03:06:31 PM
...it'd realistically be a lot lower than 1/6 because difficulty is a lot lower for smaller blocks afaik since there's only one hash to compute - I *think*...

Your thinking is wrong. The difficulty is the same regardless of the size of the block.
https://en.bitcoinwiki.org/wiki/Merkle_tree

I'm assuming the tree is balanced compared to being one sided. If it's not balanced then it will take fewer hash functions once the initial ones are done. But non balanced trees seem quite inefficient.
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