Bitcoin Forum
June 16, 2024, 09:29:53 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 [122] 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 ... 600 »
2421  Bitcoin / Bitcoin Discussion / Re: FBI uses bitcoin mixers from forfeiture processing. on: April 14, 2021, 01:01:29 PM
The Bitcoins,that were stolen by the criminals have to be returned to their owners,instead of being included in the national budget.This makes the government a stealer of Bitcoins. Grin

Proceeds of crime normally get seized by the government in North America and Europe. They're just treating bitcoin as a standard asset (which is pretty good).

One of the problems wuth the Silk Road one though was that they sold it for 75% of its value from what I remember which was a bit strange/problematic as it could've caused a dump...
2422  Other / Archival / Re: Binance, please stop spamming at email on: April 14, 2021, 12:36:27 PM
Is thee an unsubscribe link at the bottom? I think I received 3 emails in 3 weeks and 2 were identical in subject.

They could do with sticking to notifying us about "competition" stuff and features through the app. Some of their info about conferences might be interesting to people still then as well.
2423  Bitcoin / Bitcoin Discussion / Re: Interesting Block 679115 on: April 14, 2021, 11:55:37 AM
I'm thinking this could be a "distributed luck" strategy.

Make x3/6 miners mine the next block as it's selected algorithmically (based off fees).
Make x2/6 miners mine a block we've put together randomly.
Make x1/6 miners mine an empty block to see if we can push that out (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*).

I think the more transactions there are in the mempool the more the fee has less to do with what gets confirmed by these pools (unless the fee is very high or very low).
2424  Bitcoin / Bitcoin Discussion / Re: FBI uses bitcoin mixers from forfeiture processing. on: April 14, 2021, 11:40:11 AM
When determining the security of a technology that has already made it into mainstream media, USE MAINSTREAM MEDIA TO DETERMINE HOW SECURE IT IS, OFFICIAL GIT ISSUES, OR VERIFIABLE ALGORITHMIC PROOF.

Using a random news source to find out how transactions can be "forfeited" isn't a great idea especially when it mentions transactions being forfeited.

I'm pretty sure a lot of sites like BBC news were reporting on the chain attacks in 2015 -  rely on those when measuring SECURITY of a new innovative tool.

If the FBI has an idea of something HALF OF THE senior ATTACKERS HAVE ALREADY DONE IT.
2425  Economy / Trading Discussion / Re: It's the easiest to trade when you aren't trading on: April 14, 2021, 11:26:47 AM
It's quite an old trading strategy and seems to be one that works a while.

I remember at $3k the only thing I was certain of was that we'd reach $15k again (because we already had).

I actually predicted the coronavirus drop but moved my x btc@$4k order (disappoinringly).

How often do you check the charts? Id probably have an alert set for when we're oversold so I could sell my btc at the first peak (~58-62k instead). But profit is still profit. Do you make much off your fiat when you pull it out (interest wise - binance were offering 6% on euros a while ago)?
2426  Economy / Economics / Re: Bitcoin are playing with the big boys and cleaning their energy footprint on: April 14, 2021, 10:01:38 AM

It is nice to see that the industry are moving forward and also focusing on "burning issues" that has received a lot of criticism in the past. I hope other Bitcoin mining operations will take note about the changing environment and they will also shift their operations to run on "clean" and renewable energy sources.   Wink

I think it was mostly mining in the USA that was cheaper to do with pollutant energy sources. Most other counties where mining is possible (Canada, China, Iceland, Norway) were generally using mostly renewable resources instead.

It's a good move though even if it is omnlu $14m.


I've been looking at how much better companies manage to do when they go public and coinbase should be an interesting one to watch..
2427  Bitcoin / Electrum / Re: Typo on Electrum Website on: April 13, 2021, 08:28:21 PM
Are you expecting a dot after "interfaces"? That's the only part of it I can think it's a bit inconsistent...

I don't know if something like this needs reporting but it's potentially a reason to get rid of unnecessary punctuation.
2428  Other / Beginners & Help / Re: Switching from Coinbase to Binance for the moment. How do I do this? on: April 13, 2021, 07:56:40 PM
Go to binance and press deposit to get your deposit address.

Do a normal withdrawal from coinbase (as you would to send to a wallet) and put in the deposit address they gave you from the previous step.

2429  Bitcoin / Mycelium / Re: Mycelium Max Transaction Size? on: April 13, 2021, 02:28:39 PM
Electrum is pretty good with large transactions. I haven't tried with mycelium but I got btc every day from a miner last year and consolidated 360 transactions in one ~90MB transaction and it did pretty well handling that.

I'd suggest trying, if you can, to sweep your transaction offline and broadcast it online when you're happy with the transaction you've made - but a qr code can't be used in this case because of the transaction size.

Are you able to do multiple transactions or is everything in one private key? If you have any more bitcoin - eg 0.1 (something big enough for an attacker to care about) - I'd recommend putting it on your normal computer to test its security and leave it there for about a month to check it's stayed.
2430  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: how to find coins, that bigger volume ? on: April 13, 2021, 10:43:56 AM
Binance lists volume increase near its top gainers. I'm not sure how accurate this is as it looks like it's saying bnb's volume is up 20500% (assuming the comma isn't a decimal place).

I assume other exchanges and coin market cap have similar if they've enough coins to do this with.
2431  Economy / Speculation / Re: I just realized I'm 99.9% crypto and 0.1% in fiat on: April 13, 2021, 01:38:52 AM
I kept rebalancing until this year (decided my crypto means more to me if I withdraw a bit in physical cash) so I'm 89.17% crypto, the rest is stocks and a tiny amount of cash.

I did start off with a 30:70 split crypto to stocks in 2019 - I think.

I'll rebalance again when (or if) we hit $300k.
2432  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency as a form of digital payment for ecommerce on: April 12, 2021, 06:23:38 PM
If you check responses here as well as your form, I used to buy stuff from places like scan.co.uk and I've bought games from steam when they both accepted bitcoin. Scan's payment processor, however, now requires kyc verification and I haven't looked back a tusing them since (it was more convenient and seemed nicer than using a card but the additional legislation now puts a barrier on the entry - especially if you have to wait a while for it to be checked).
2433  Bitcoin / Electrum / Re: Cannot make lightning payment ('channelDB data not loaded yet!') on: April 12, 2021, 03:37:51 AM
Have you been leaving it running or just opening it when you want to send a transaction?

I think this is a problem with your node building and downloading a route to use.

Are you connected via tor fine (assuming it's still forcing tor use in 4.1.2) - with it running in the background i mean.
2434  Other / Beginners & Help / Re: What can I do to correct the mistake? on: April 12, 2021, 03:15:13 AM
Are you talking about an altcoin bounty program you've tried to join using someone else's info or something else?

If it's the former (first), can you not just delete the post and if necessary DM the manager?
2435  Bitcoin / Electrum / Re: What are the positives and negatives of leaving a lightning payment channel open on: April 11, 2021, 03:11:38 AM
If your node remains online then you're contributing your channel funds to help route other people's transactions. The more channels you have open the more routing you can do also.

If you're not keeping your node onoine then you're going to have to start it at least as often as the timelock runs out for the channel (you can verify this number from its stats). If you don't put your channel back online before this time is up, there's a chance the other party can claim your funds afaik.
2436  Bitcoin / Electrum / Re: I am able to receive lightning payments but failed to send on: April 11, 2021, 02:01:52 AM
nevermind, it finally works now....but am not sure why it wasn't working before

Is there a chance you sent a smaller amount this time or they've send a payment somewhere since you originally tried?

It could just have been a node between you both was down but if it wasn't, it's probably related to this https://bitcointalk.org/index.php?topic=5329718.msg56752057#msg56752057 - they might not have had enough receive capacity.
2437  Alternate cryptocurrencies / Altcoin Discussion / Re: What is a token? on: April 10, 2021, 05:52:35 PM
Yes and no.

A token is a coin that doesn't have an independent chain normally - it can represent ownership of something (often a protocol).

A coin is something with its own dedicated blockchain.

The idea of bat being a token could indicate they wanted to add more tokens or have done. Expecially considering its called basic attention token, there might be a high attention token or active attention token (eg the app games you get) in the works when they originally came out with it or they wanted to leave room for something like that to be a thing.
2438  Bitcoin / Legal / Re: Profits from gambling with crypto (UK tax question) on: April 10, 2021, 03:40:57 PM
So would clear documentation of my bets, showing a profit be enough to show HMRC (assuming the betting websites are regulated)??

Yes, you should be able to find out if the site is regulated by checking the gambling commission's website.




If you sell your initial funds back for a profit, you'll have to pay capital gains on that though.
2439  Other / Beginners & Help / Re: For OTC Traders: Beware of "Flash bitcoin" or Fake Bitcoin Transaction on: April 10, 2021, 01:02:14 PM
There's a part of the transactions called an rbf flag (replace by fee). You can check any transaction on a blockchain explorer and it'll normally say if this flag is on or off (I think blockchain.com has it but blockchair definitely does).. This is the flag that allows someone to double spend a tx but there are other way to double spend it - they're just more complex and might not be what a scammer knows about.

If you're trading higher amounts, 1 confirmation might not be as good as 3 or 6 and if you're agitated by waiting that long - you should probably be using a centralised exchange.
2440  Bitcoin / Legal / Re: Profits from gambling with crypto (UK tax question) on: April 10, 2021, 12:55:02 PM
There's a chance you've made a capital gain on your crypto and this is directly dependent on if you've sold any.

Gambling profits aren't taxable though, you're right on that one so you don't need to declare those events. Just anything you've gained by selling crypto back to cash (up to the equivelant amount of what you bought in crypto value).
Pages: « 1 ... 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 [122] 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 ... 600 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!