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2461  Other / Beginners & Help / Re: Regarding making bitcoin with pooled mining? on: July 28, 2019, 02:57:42 PM
This mostly depends on the price you have to pay for each kWh.

Since you are in the EU, it probably isn't going to be that low ? May i ask how much you pay per kWh ?

If you have access to cheap electricity, it definitely is worth it. Otherwise, not.
2462  Bitcoin / Development & Technical Discussion / Re: Why the economical part isn't mentioned on the whitepaper? on: July 26, 2019, 04:38:41 PM
It is unprofitable if all you do is mine.

Yes, and that's the reason BTC has no miner at all.

Good argument.



Dude read.

Free transactions, mean no transaction fees , not free routing.   Tongue


Yes, read what you wrote:

Error 2: Nodes processing transactions for free are in short supply, if any.

All nodes process transactions for free.

This alone shows that you don't really know a lot about BTC at all.
You can't even distinguish between normal nodes and mining nodes. Not even after pointing the difference out  Roll Eyes



Increasing blocksize is actually the easiest way,
It is called Litecoin

Yes.. calling blocksize increase the easiest way to scale AND calling LTC as secure as bitcoin.. This shows me that your are incapable of understanding the principles of cryptocurrencies.
At this point i stop arguing with you.

If you research a bit, and after you understood why these two statements from you are completely wrong, we can continue talking.
2463  Bitcoin / Wallet software / Re: Listing of Guarda Wallet on: July 26, 2019, 01:46:34 PM
Is your wallet open-source ?

I couldn't find any reference to github / the source code on your website.


If not, i wouldn't expect your wallet to get added to the list too soon.
An unknown and closed-source wallet won't be added to the list just upon a request. At least that's what i hope.

We don't need scam wallets (not saying your wallet is scam / malware) on the list.

Rather take too much precautions than having one scam / infected wallet on the list.
2464  Local / Presse / Re: Überfall / Täter wollten Kryptogeld on: July 26, 2019, 01:39:49 PM
Solche Nachrichten zeigen einem immer wieder, dass man aufpassen sollte wem man von seinem Stack an BTCs erzählt.

Gerade Kryptowährungen scheinen ein beliebtes Ziel zu sein.
Ob das daran liegt, dass die Täter denken der Besitzer muss zwangsläufig reich sein weil BTC ja immer pumpt oder ob es daran liegt, dass sie selbst nicht investierten weiß ich nicht.

Ich frage mich aber wirklich wie die einfach (maskiert ?) in das Büro laufen konnten  Huh
Irgendwie ist das doch komisch.
2465  Economy / Scam Accusations / Re: TIRUS - Ponzi scheme + few related scam projects on: July 26, 2019, 01:32:45 PM
I wonder when people will stop promoting such blatantly obvious ponzis.

I can't imagine that they really earn money investing all the time in such 'projects'.
Thats just more than obvious. Come on.. from 100$ to 800k$+ with reinvesting.. sure.

I hope no one falls for this. I feel like we need to create more awareness around, so people don't fall for this kind of ponzis anymore.
2466  Bitcoin / Electrum / Re: A Bit Confused-Electrum Wallet v3.1.3 on: July 26, 2019, 01:20:26 PM
Version 3.1.3 is outdated.

Update to latest version, but only download electrum from the official site: https://electrum.org.

If you see some message in your old version telling you to update via github, do NOT click on it.
There is a (not severe) vulnerability in the old versions which allow the remote server you are connected to, to display a custom message. This is a phishing message.


Download electrum from the official site and verify the signature to make sure you have the correct file.
2467  Other / Beginners & Help / Re: Regarding making bitcoin with pooled mining? on: July 26, 2019, 12:54:22 PM
If you really want to start mining, you need to get some ASICs.

Mining with CPU / GPU or any other kind of 'mini computer' is not possible.
You wouldn't even be able to solve a single share, therefore not earning anything.

To properly start mining, you need to invest into the hardware first. And you need access to cheap electricity for it to be profitable.
2468  Other / Beginners & Help / Re: How to secure your Recovery seed or Mnemonic phrase? on: July 26, 2019, 12:49:15 PM
I'm not giving advice, OP asking about how to secure, and i share my way.

What you are describing with having a Xth backup in case of all offline backups are lost / damaged / infected is regarding safety, not security.

While redundancy is good. Even redundancy via the cloud is good for safety. But it is not a good way to "secure your recovery seed.." as stated in the OP and the title of this topic.


Storing such sensitive information (which gives anyone who has access to this information the full control over your funds) online is the exact opposite of secure.
2469  Bitcoin / Electrum / Re: How to verify Electrum that comes preinstalled on Tails? on: July 26, 2019, 11:26:11 AM
The version of electrum on tails is outdated.

Simply download the new version and verify this one.
If you don't have tails connected to the internet, use a mounted drive / USB.

And if you don't want to do this each time you boot up tails, create some persistence storage on your bootable drive (assuming you are using tails on a live-usb) and save the .AppImage there.

The persistence storage will not be deleted once you shut down tails.


P.s. Make sure to have a physical backup of your mnemonic code.
The wallet file is saved in a location which will be deleted upon shutdown.
If you don't want to enter your seed each time, move the wallet file to the persistence storage too.
2470  Other / Beginners & Help / Re: How to secure your Recovery seed or Mnemonic phrase? on: July 26, 2019, 11:09:29 AM
~snip~

I wouldn't advise anybody to store their seed in a cloud.

You definitely don't want to have it uploaded anywhere. Not even encrypted.


You never know who gains access to the files.
And you can never know whether there will be a vulnerability found in the software you used to encrypt the file.
This could easily lead to your mnemonic code / seed being exposed to the wrong person.


And you shouldn't trust encrypted archives either.
WinRAR, for example, implemented the encryption itself correctly, but used a 4 bit IV.
Any encrypted archive can be decrypted within a few minutes.

I don't know whether this has been fixed already, but such a huge mistake is just embarrassing.
2471  Other / Meta / Re: [UNBAN APPEAL] Account - user0000001 on: July 26, 2019, 08:56:44 AM
Oh come on..

This is such an obvious case of plagiarism.


Hi guys)) I can not say much yet about the project, I hope your project will be successful, I will follow the news) Smiley Wink

' I can not say much yet about the project, I hope your project will be successful, I will follow the news)

No translator will give you a space at the beginning and a closing bracket at the end..
Just admit it and move on.

And the fact that you earned 11 merits only, won't help you either in getting your (deserved) ban lifted.
2472  Bitcoin / Development & Technical Discussion / Re: Why the economical part isn't mentioned on the whitepaper? on: July 26, 2019, 08:21:26 AM
In the White Paper , Satoshi assumed the mining market would stay open.
Error 1: ASICS closed the mining market to the rich elite only.

No he didn't.
He already knew that at some point there will be 'larger' server farms who are mining. And that a single individual won't mine in the future.

And neither is the market accessible to the 'rich elite' only.
Anyone can start mining with a relatively low budget.

Low budget -> low income.
High budget -> high income.


FTFY
Low budget -> Basically No Income if not in the Loss category
Your confusion is only outpaced by your Stupidity.   Kiss


What you are saying doesn't make sense.

Either it is profitable or it is not.

That you won't earn much with almost no investment, should be obvious.



Error 2: Nodes processing transactions for free are in short supply, if any.
Of course this is due to the energy waste, making free transactions impracticable.

No, they aren't. There are currently ~9100 nodes online.

And how many of those 9100 process transactions for FREE all of the Time?
Because there are some people that would like that, bob.


Each node does process and relay them for free.
You don't need to pay nodes for processing / relaying transactions.

What kind of question is that  Grin



But you were probably refering to the miner 'wasting' energy, right ?
Well.. this energy isn't wasted either. It is absolutely necessary to guarantee the integrity and security of the bitcoin network.

Another reason, you're clueless , you actually believe that nonsense.
~4 pool operators guarantee the integrity and security of the bitcoin network , energy expend is irrelevant in their power.

No. Not 4 pool operator.

You seems to have a big lack of knowledge regarding this topic.

The miner secure the network.. not the pool.

If a pool shuts down, the miner will switch to another one.
Miners are securing the network. Not the pools.



You think Bitcoin will survive on transaction fees alone
when Bitcoin Devs want the majority of transaction in LN offchain network
Don't want to increase onchain scaling of bitcoin

There are proposals to scale on-chain.
But off-chain is necessary too.

Segwit, schnorr, .. all contribute to better scaling - on chain.

If you are refering to the dumbest possible way to 'scale' - increasing blocksize - then you are wrong because increasing the block size is not scaling, it is postponing the problem.

Off-chain scaling is the most elegant way of allowing a big userbase to enter BTC.



Are of the mind totally devoid of economic reasoning that expects people to pay insane transaction fees ,
when cheaper network just as secure are available.

There is not a single crypto currency which is even close to being as secure as bitcoin.
This statement shows how delusional you are.

But please.. name 1 currency which is close to being as secure as bitcoin.

2473  Other / Off-topic / Re: Playstore is not safe on: July 26, 2019, 08:06:34 AM
If you don't feel comfortable with the mobile version (that obviously is not infected with malware and keyloggers) you can download the desktop version from the site https://eidoo.io/desktop-download

And that changes what exactly ?

No one implied that the google is infecting applications in their playstore.
It doesn't matter where the application is downloaded from. If the developer are not trusted, the risk is everywhere the same. Well, theoretically it is higher when not downloading from the playstore, but ignoring this fact for now.

Downloading a desktop wallet from a completely unknown site isn't safer either.

The difference is just that it is easier to create malware for desktop systems than android, with higher privileges and more access to data.
2474  Bitcoin / Bitcoin Technical Support / Re: I need Help finding or recovering bitcoins off an old hard drive on: July 26, 2019, 08:02:25 AM
Did you read the instructions on github ?

It says what dependencies you need to install and and the options you can start the script with.

You don't really need to code anything, just install the necessary files and start the script with the correct parameters.
2475  Other / Beginners & Help / Re: Be careful of mobile wallets that holds private keys on: July 25, 2019, 11:17:41 AM
Can someone please tell me the best bitcoin wallet I can download on my phone?not other coins  just bitcoin wallet only

There are already a lot of threads regarding this topic.

You can find a somewhat large list at https://bitcoin.org/en/choose-your-wallet.

The most recommended and used within this forum are Mycelium and Electrum for android and GreenAddress for ios.
2476  Economy / Reputation / Re: For how much money heroes and legends are willing to advertise fraud and scam? on: July 25, 2019, 08:27:59 AM
They are not just against ethic and morale, but also against law.
It is simple as that. Their ToS are illegal. In the country where they allegedly operate from, and any other civilized country.

I have one question for you: Do you pay taxes from your crypto income?
For example, let us assume that you have 0.0375 per week from ChipMixer. That's 0.15 per month. That's 1500 dollars per month, and 18 000 per year. Due to US tax laws, your federal income tax is 15 %. Have you pay it?

If not, you can't blame someone acting "against law" because you're doing the same.


No, i don't.

And the reason is simple.. i am not from the US.

I don't have to pay taxes on receiving BTC. I only need to pay taxes on receiving FIAT.
When selling BTC, i only have to pay taxes if they weren't held for at least 1 year.

Anything above holding 1 year is absolutely tax-free for me  Smiley

So.. since i ain't breaking the law, it seems i can blame the scammy business for acting against law  Wink



At second, i consider myself as anarcho-capitalist, so i don't fucking care if something is "against the law". Such claims sounds for me the same as "It's against Gods law and Bible"

Good to know that you don't care about doing things against law.

Just wanted to adjust my trustlist.. and noticed.. you are already excluded from it.  Cheesy



Who is banned and supported by the whole community ? I am not aware of such a case here.

https://bitcointalk.org/index.php?topic=5142628.msg51933555#msg51933555
Whole russian community, i meant.

The russian community consists of 15 members? Wow.. didn't knew it is that small.
2477  Bitcoin / Armory / Re: Tried everything I could find here, Armory still unhappy with Building Databases on: July 25, 2019, 08:15:11 AM
In other news, my C: drive is almost full, how can I move the database files to my rather empty D: drive and have Armory see the new location?


Simply move it to your new drive and adjust the config file of armory, named armoryqt.conf in your armory data directory (usually located in C:\Users\USERNAME\AppData\Roaming\Armory\):

Code:
satoshi-datadir="/path/to/bitcoin/core/blockchain"
dbdir="/path/to/armory/db"
2478  Bitcoin / Hardware wallets / Re: Updating Nano Ledger Firmware... Stuck Not Sure What to Do... Please Help on: July 25, 2019, 08:10:20 AM
You are searching for problems which don't exist.

The nano s verifies the signature of each firmware update.

The update went trough and since you didn't get some error message regarding the integrity of the firmware update, this is fine too.


If the screen tells you to install apps, simply do it. I really don't see your problem.
Just do whatever the screen tells you to do.


Your update was successful. There is nothing more to comment on this.
2479  Other / Meta / Re: [UNBAN APPEAL] Account - Jace Lee on: July 25, 2019, 07:54:19 AM

I didn't knew you got banned  Shocked


Edit:
Oh my god, i clicked the link and it seems i am banned too  Shocked
Seems we are all Jace Lee.


Edit2:
Sarcasm.
2480  Economy / Reputation / Re: For how much money heroes and legends are willing to advertise fraud and scam? on: July 25, 2019, 07:52:52 AM
> "No one is entitled to anything" (on this forum)
> "Oh my God, Livecoin ToC against ethic and morale, sweet Jesus"

 Grin


I assume with 'ToC', you are referring to ToS ?

They are not just against ethic and morale, but also against law.
It is simple as that. Their ToS are illegal. In the country where they allegedly operate from, and any other civilized country.



Also, about plagiarism. I don't have time for now, for looking into theymos quotes where he says that if someone net positive he can be unbaned. If whole community supporting someone, doesn't that means that this person is very net positive?

Who is banned and supported by the whole community ? I am not aware of such a case here.
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