This method is called martingale strategy. You increase the bet amount every time you lose and return to the base amount if you win the bet. If this method could work, all casinos would have gone bankrupt by now. The house edge is always against you and users always lose in the long run. There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.
It's possible to lose many more bets consecutively. To be successful, you need an unlimited balance which is impossible. |
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I think this will make bitcoin more expensive for people who really want the currency, not to exchange it for more fiat money or other crypto,
You are saying that traders make bitcoin more expensive. I don't agree with this. In the long term, traders have no effect in the price. Also, what's the problem if bitcoin becomes more expensive? Anyone who needs bitcoin for any reason can buy bitcoin as much as needed. I look forward to reach that peak of $3300 to also have the right to be part of this.
You always have the right to buy bitcoin. |
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If I have understood you correctly, you are looking for a tool that generates bitcoin addresses securely. If so, you can use electrum wallet. Electrum is an open-source wallet which gives you complete security if it's used properly. Electrum gives you numerous addresses all backed up by a seed phrase. Take note that if you want your wallet and your addresses to be 100% secure, you should install electrum on an air-gapped device. Warning: Download electrum only from its official website and do not forget to verify your download. |
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I will recommend Safepal hardwallet because of supporting so many chains and user friendly system and every week you will see new chain to be added.
Like trustwallet, safepal hardware wallet is also close source and I wouldn't recommend it. Just download Trust wallet and Don't connect it to internet.
Even if you don't connect trustwallet to internet, we can't be sure the fund is 100% secure. Because we don't know how the keys have been generated. And if you can't use hardware wallet, then you can use trustwallet.
Even if you can't use a hardware wallet for any reason, you shouldn't go for a close-source wallet like trustwallet. |
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Activity = minimum (post count, 14*N),
N= number of two week activity periods in which you made at least one post.
You have been active in only 1 two-week activity period. So, 14*N = 14 and your activity can't increase to more than 14.
Your activity will increase, once you make your first post in the next two-week activity period.
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Applying for avatar campaign:
Username: hosseinimr93
Current post count: 3354
BTC SegWit Address: bc1qfwmmppsqlp3xuvghfsys32mtn86j6kfvu0e20z
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You could always have it memorized.
This is really the worst idea in my opinion, who can remember more than 20 words containing uppercase and lowercase characters, it's not an easy thing to do especially for a long time. You are right that it's not a good idea to memorize the seed phrase instead of writing it down. You should always keep your seed phrase in a safe place and never trust your memory. But take note that a seed phrase includes meaningful words and they are not case sensitive. Also, a seed phrase usually includes 12 words. |
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instead of storing the phrases in their correct arrangements why don't you do some rearrangement before you store them?
You should never trust your memory. It's possible that you forget the correct order of the words at any time. Forgetting simple things is usually normal for a human and I am sure it has happened to most of us. |
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There must have been some reason for this choice, right?
If I'm not wrong, safepal is the cheapest hardware wallet you can buy and that may be why OP decided to buy that. According to their website, they even offer global free shipping if you buy more than 1 hardware wallet from them. |
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As far as trust wallet, I don't know anything about it, but I don't like the name. Would you go to a dealership named "honest guys car dealership?" If they have to put it in the name, it probably isn't true. Maybe I'm just being silly, idk, but I don't trust them.
You are right that you shouldn't trust trustwallet, but that's not due to the name. That's because trustwallet is close-source and we don't know how the keys have been generated and whether they are stored on their server or not. Trustwallet is about as secure as metamask though and depends more on your computer's security than hardware would.
Metamask is open-source and much more trustworthy than trustwallet. |
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I can't remember the name of the site fully but I think it was wallet explorer that tried joining addresses together for spv clients: https://www.walletexplorer.comWallet explorer put addresses in the same wallet if they are co-spent with each other. For example, if you spend from addresses A and B in a transaction and spend from addresses B and C in another transaction, they conclude that addresses A, B and C belong to the same wallet. That's all walletexplorer do. |
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For instance, I have a UTXO of 15 BTC and I want to send 1 BTC to person X. There will be two transactions, one for 1 BTC to that person and the rest minus the fee back to me under a new address.
There won't be two transactions. There will be a single transaction with two outputs. One of the outputs will belong to the receiver and the other one will be the change. Is there a way to detect 'change' transactions' and if so, how? Thanks
If you send round amounts, anyone looking at your transaction will probably think that the round amount belongs to the receiver and the other output is the change. If you send exactly 1 BTC to someone and 14 BTC minus fee to your change address, it's almost obvious that each output is the change. |
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Another option is to use a simple Google search wherein you enter "sir" Bitcointalk you would get the names of all users who have sir in their username.
OP isn't looking for users who have "sir" in their usernames. He/she is looking for the users who have used the word "sir" in their posts. Anyways, if you want to have a list of users who have "sir" in their usernames, I don't think google search can help you much. The best is to click on "Members" button (located next to "my messages" button at top of the page) and go to "Search for members". |
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why there is no list of electrum, can we create Taproot address using electrum wallet?
No. Since version 4.1.0, it's possible to send fund to a taproot address, but it's still impossible to create a taproot address in electrum. According to the post made byecdsa on electrum's github, developers surely have plan to add the possibility of creating taproot addresses in electrum. |
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In contrast to fiat, fiat is always stable because it is used as a legal tender and is always controlled by a centralized government, so fiat always remains stable at all times.
Why do you thing fiat has been always stable? In the united states, people have to pay around 8% more for their living costs compared to last year. There are many countries even with much higher inflation rates. Fiat has been never stable in value. |
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OP, I could not find @mr_jk's thread.
Here is the thread OP talking about. What will happen If Bitcoin got stabled ?About this topic, Bitcoin is not a fiat crypto so there's no need it should be stable in price.
As mentioned by pooya87 above, even fiat isn't stable. People believe that dollar is stable, because 1 dollar has been always 1 dollar. If we measure bitcoin value in the same way, bitcoin is stable too. 1 bitcoin has been always 1 bitcoin. |
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What can i do? If i don't pay will i lose all my bitcoins?
You don't have any bitcoin to lose. What you see as your balance there is only a fake number for deceiving you. Take note that any service asking you to make a deposit to be able to make withdrawal is surely a scam. There's nothing you can do. If you deposit again, you will lose more money. |
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Can you please elaborate on what you mean by decentralized/centralized wallet? As mentioned above by decodx, I feel you mean non-custodial/custodial. If the wallet gives you access to your private keys, it's a non-custodial wallet. Otherwise, it's custodial. Is this what you meant by being centralized and decentralized? However, all wallet software is centralized (whether open source or proprietary).
Is bitcoin core centralized? |
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in order words, they are difference numbers of seeds that determine how strong the wallet are, which is 12, 14, 18, 21 or 24 and anything less than 12 words is not secure,
A small correction: Number of words in a seed phrase following BIP39 standards must be divisible by 3. So, a BIP39 seed phrase can't include 14 words. It must include 3, 6, 9, 12, 15, 18, 21 or 24 words. |
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1) Is https://safepal.com the original or official website for this hardware wallet? That's what I found online. Yes, that's the official website. It says that it keeps coins safe 100% offline < that's where I'm lost, to store coins on the wallet could work just like paper wallet, accepted, but what about if I want to send the coin out to an exchange for example? Will it still work offline?
I haven't ever used safepal and I don't have any idea about that. I just know that it's close source. But generally speaking, making a transaction offline means that the transaction is signed offline without your private key being connected to the internet. It doesn't mean the transaction can be broadcast offline. Take note that you don't need to be online for signing a transaction. You need internet connection for broadcasting it. |
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