jeebus xmas christalnacht

U know PAYPAL that is MUSK, the biggest financial scammer in all human history

WHO has NOT been ripped off by paypal?

MUSK&his wife-partner Peter Thiel are both vampires, you know they control the world supply of baby blood for transfusions, look closely at musk&Thiel at their skin, you'll notice baby like texture & tone, that comes from infant transfusions, and they all boast of the process.

Google para-bio-synthesis, the new age vampire; musk & buddys intend to live forever

but getting back to MUSK, who on earth with a brain ever liked this guy? He ripped people off all the way up the ladder, but then life does work out well, now Bill Gates is going to Epsteins kiddy-porn island of love

Musk almost got hosed by the thailand cave-man fiasco, good lawyers have kept musk out of jail so far, but like Gates, money can only go so far

...

MUSK bought in BITCOIN at $42k, its now back to $42k musk ran btc up to $66k, it was at $1.2T USD CAP, now its down to $750B cap, that's a 38% loss of cap, MUSK & TESLA have lost their ass on their BTC investment.

This is not unlike DeLorean, who bought $100M in COCAINE to save his failing company.

Don't worry, many people in CHINA want MUSK to go to prison for murder.

Shouldn't be doing what? Programming? Hacking GPU cards? Hacking BTC sha-256 algos?

Let me get this straight, your telling me its illegal to program my own computer to hack bitcoin? WHich uses SHa-256 & Secp256k1, both NSA public algos, known to have backdoors?

Please tell me more about what I can't do? I really want to know.

The NSA released BITCOIN into the wild to see how long it would take puzzle-people like myself to hack their baby, I'm telling you its being hacked now, in time it will be common knowledge, there will be a slow implosion of BTC, so what?

Only retards think that "Crypto is Forever" its not, DES, DSA, PGP, SHA, they all had limited lifestimes, same for SHA-256, & secp256k1, the shelf life is long expired.

This is what I'm talking about "MUSHROOM", your saying DON'T DO THAT, YOU"LL SHOOT YOUR EYE OUT, Don't Do that You will Go blind?

Eventually lazy tier 3 dev's of BTC will bring in SHA-512, and SECp512k1, and give BTC another 10 year shelf-life, well that's what they should have done, but intead they decided to feed the public shit, and keep them into the dark, and milk the bitch to death, and then its game-over the lights go out.

Been involved in crypto since 2010, been writing cryptography software since the early 1980's

Whats your involvement in this game?

Market cap ain't growing, BTC is down 25% this month, that's a bear market dude.

Talk market-cap, just a month ago BTC was $1.2T USD, now its 750M, that's a 38% percent loss in CAP, I beg to ask, what drugs are you using?? When you say the scam is growing?

So far Bram is saying you have to re-plot and to join his 'official pool' you must buy XCH in order to have a 'stake' in the pool, this is all of course a giant scam.
HPOOL already owns +70% of XCH, and plotting for months, and their ownership will never go away, right now  you can plot, and use HPOOL and earn XCH, and you can harvest and take your chance of winning a solo-mined, unless you have 10's of 1,000's of plots your chance of solo-winning at 6EB ( todays size) is almost zero.
Yes, Bram is saying that you must re-plot to use his non-existent pool protocol. I think that Bram has gone completely full retard, and refuses to acknowledge the truth, that he has lost control of Chia.

The problem is the blockchain is full of bugs, the chia-pos that make the plots is killing NVME drives, but they don't care to fix the problem. The chinese tossed together a rudimentary pool(HPOOL) months ago, CHIA-DEV has done nothing, they put a lot of work into chia-lisp, which I love, but the majority of the infrastructure is unstable, and needs massive work.

Now Bram is trying to do stuff like re-plot in order to kill HPOOL.com, but this is impossible, as its the Chinese in early sale of CHIA as lottery IOU's that sent the price to $1600 USD, if BRAM trys to kill HPOOL, then the CHINESE will pull out of CHIA, which means it goes to zero, even chia-dev team isn't this dumb.

Worst of all is the lies and mis-information, on you-tube all the influencers I see none admitting to using hpool, all the  posters like 'caleb' are telling lies about hpool, like their influencers working for Bram.

Caleb is the worst he says "I have never used HPOOL, but I can tell you that its in Chinese (not true), that they require a private-key ( not-true ), and they'll steal from  you ( the big lie ); Caleb is woke, and his lies have 20k followers so he claims on his non existent chia-space-pool. Go figure, why do the chia cultist have to be fed lies, why are they all mushrooms?

I see the biggest problem with CHIA is that in the West the 'woke' are being fed bile, and in ASIA people are dealing with reality.  so I suspect that he has not been 'woke'.

If you watch the Hoffman/Bram videos, they come right out and say, their plan is to IPO on the NYSE. They don't care about XCH, pooling, or the little-guy, they just want to build the next RedHat for Crypto, and sell out for cash. They even say they don't hold the green-shit-coin. Go figure. Of course this is all the lie of all lies, as we all know, just like ETH the majority of XCH was pre-mined.

No its a lie

You plot with an HDD, you will kill the drive, I did it just for fun a few weeks ago, 1tb blue HDD WD, the plot never finished the drive was 100% corrupted, I was able to reformat the drive ( linux )

You plot on a SSD you will kill it SATA SSD's are not designed for random, their controllers are dumb

You plot on a NVME use  980 EVO pro or better, 1TB will allow you to plot 10-20 plots in parallel linux cmd-line per day,

Problem is chia is a scam, their plan is an IPO, the pools are non-existent except in China (HPOOL), and the dev-team for CHIA is hopeless as the code is full of bugs, terrible bugs. Remember they worked on this project  3-6 years, and then rushed to blockchain just a few weeks ago, so the only real testing just started now.

Your $200 NVME will be dead after two weeks of plotting, about 100 plots. Unless you pool on HPOOL you will earn nothing by mining chia as a solo-miner.

Watching BTC demise is fascinating, because all the cultists come forward and say 'HODL"

What is important is the best developers have all 'moved-on', BTC is 2009, and now is 2021 there are now +10,000 btc-clones ( shit coins ), and many of them are 100X better than BTC in everyway.

The only dev's that have stayed with the dinosaur are the weak hands, or what we call 2nd & 3rd tier developers, all the 1st tier  dev's are working on crypto 2.0 (chia/horizen), and even crypto 3.0 ( internet coin protocol)

This base of 'defenders' ( bots actually )  is largely sub 50 IQ folks defending BTC, mostly bot's generating text-stuff (hater or hodl'r by sentiment context)  and of course mostly fools so called influencers who are paid penny's of BTC to post feel good bile about BTC.

Better COINS than BTC? Well CHIA, Horizen, come to mind really good teams

Todays BTC is largely like the little boy at the dam, with his fingers trying to plug the leaks, everybody knows the dam (dike) is going to fail, but they frantically keep plugging the holes ( patching the blockchain ), but the bitch is going down. This is a fact.

Today's BTC is a poorly written 12+ year old hack, a trojan horse actually that was 'gifted' by the NSA. Super low quality C++, where it was hand-fed by a few good guys who are now dead ( hal finney ),  and now most of the effort in BTC is low-level people working the marketing scams, of trying to bring new suckers into the con (scam as musk would say)

I will say this, all CRYPTO is a scam, because it attracts scammers like flies to feces; Even CHIA for how much like the team, is just a scam to get the green/woke people into crypto.

[ sorry for my absence the past month, they banned me a month for telling the truth, go figure? ]

They still will not let me post on 'technical' here on 'how to hack bitcoin' something I have been doing now for 8+ years, I like to share, but 'they' would prefer to keep everybody to live like mushrooms as we used to say 'keep them in the dark, and feed them feces'.

Generic question for T-Rex users here; Where are you going to go when ETH goes POS ( they kill mining profitability ) "Proof of Snake" ( or Stake-Holder as  in owner behind the curtain )

What coin? Fall back to Zcoin? Or Horizen? Which are terribly non profitable? Or monero that is even worse?

Just curious what's going to happen to GPU mining when they pull the plug on ETH mining? It's coming soon, even though the miners do want it, the whales rules ETH so they get their way.

All crypto is going this way, oligarchy where all crypto is owned/controlled by just a few people, just like the real world, say the USA is an oligarchy, a country ran controlled by a few people.

Sure I know you can search 'mining profitability', but I'm talking about a coin, where you have a heart in the mining, and not just looking for nickels. I used to mine ZEN(now horizen) years ago on my gpu, and really liked it, and I liked the team; But now I don't mine it, because ETH is 20x more profitable, hell I have to pay for electricity, which is $150/month per rig

I use t-rex, cuz I find it the best, but I really wish there was a good mining tool for GPU, where I had the source, I really enjoy hacking

You can't mine ETH on t-rex, as it requires now about 4.5 gb going to 6gb soon, min board is 6gb, of which there is no stock on earth for now

i myself have deployed all my gtx-1060 3gb boards to hack bitcoin of which they're doing a handsome 250 MH/sec, which means each board finds lost bitcoin about once a week. Not bad.

There are also many 'coins' out there that you can run on as little as 2gb and they all pay you in DOGE coin, just google this topic.

For those interested in deploying their gtx-1060 3gb ( old cards ) for useful things like hacking bitcoin, tell me where to post? Here on this forum whenever I post anything about 'hacking bitcoin' on the bitcoin-technical they delete my posts, truth is not tolerated by the btc cultists.

Essentially for those who want to do this, what I'm doing is running 8gb Bloom filter that has all known used btc addresses, then I hacked vanity-search to run random, but using a very intelligent baby-step giant-step algo (  pollard ), so my search space is 250 MH/Sec*300M, so with a few gtx-1060-3gb boards I'm doing 1,000's of TH/sec, which is much faster than even the best bitmain miner ( 80TH/sec), the  secret to get 250  mh/sec out of the gtx is that my bloom filter is on a NVME-4x drive  alone, so the software essentially sees the entire 8gb bloom as in memory all the time.

GITHUB is owned by GOOGLE, so its NSA by definition, also GItHUb has gone 'woke' 100%, never good for crypto, best to run like hell now, before you wake up in the morning and find your server gone. Just like they have done on yoU-TUBE(google also), they take out anybody that isn't socially approved.

IMHO it appears the way US-GOV is going after crypto is taking out the legs, first by COVID & GPU shortages of chips, etc they have taken out GPU's worldwide, and now hard-disks (chia), so now they come for the software; They'll slowly take out the little guys this way, only leaving the big players.

I hope the t-rex dev are looking at bit-torrent like anonymous delivery, hell even this forum here is heavily censored by the same people, how are you people going to communicate when they pull the plug on this board ( bitcointalk.org) ??

How secure is trex.com ( new binary server ) from being taken out as we have seen lately the 'woke' crowd can call for anybody to be de-platformed, remember gpu-mining is raycist; so its targeted to be 'cancelled'.

https://www.inbitcoinwetrust.net/is-bitcoin-btc-now-too-big-to-fail-fcefcdd7b894

With a market cap of over $1.1 trillion, Bitcoin now weighs more than the combined market cap of the four largest U.S. banks:

    JPMorgan — $461B
    Bank of America — $334B
    Wells Fargo — $174B
    Morgan Stanley — $151B

Bitcoin also exceeds the combined market cap of payment giants Visa ($483B) and Mastercard ($383B).


Fascinating, BTC maybe slower and more expensive than Visa to do a transactions, but its more valuable than largest company on earth that processes credit-card transactions.

Finally, Bitcoin has surpassed the market cap of all publicly traded companies except the MAGA (Microsoft, Apple, Google, Amazon) and Saudi Aramco.

In short, Bitcoin is a giant among midgets.

...

So there you have it, Bitcoin is now bigger than Banking combined, and bigger than any stock market scam. Today all the banks & companys are joining the BTC bandwagon.

What could go wrong?


Bitcoin does not need governments and central banks to survive


Well sure it doesn't it doesn't until it does, then the FED steps in to bail out all the pension & 401k that got lost. Just like always, the FED doesn't allow capitalism to work, it perpetuates crony capitalism, where MUSK is kept alive, and say an unlucky business is destroyed because it doesn't belong to the inner circle 'club'.


It's here now, like it or not. With the COVID infusion of cash, and stimmy-checks, BTC has gone to the moon wrt to the USA economy. It's now a major part, and if BTC took say a 90% decline today, like 2017, it would wipe much of the USA economy.

Because BTC soaks up all the FIAT on earth, it could not only go to $100T, it could go to $1 Quad-rillion;

Somebody at some point must step back and say? Is it rational to have the worlds wealth tied up into an 'unknown' ponzi? Nobody asks that question, because all aboard to get on the Musk Train to infinity.

We are out far on a tenuous branch these days, in an area on unknown.

In America, everybody loves a winner, everybody despises a loser.

All politicians are onboard, in their biz, money is the blood of politics, and Bitcoin now has all the money.

The emperor has no clothes, indeed but who is going to step forward and condemn a winner? Nobody.

In spite of all this, this huge capitalization of BITCOIN, the enormous amount of money that people have re-directed out of productivity into virtuality.

Much of this is the old story,

1.) first they sent all our jobs to China
2.) then they had us do all our shopping from Walmart, where everything was made in China
3.) then they told us to put all our money in Chinese Banks (BITMAIN/ANT/ANTPOOL) and HODL

( critical here to remember, China mines all the BTC, miners decide which transactions go on the block-chain; a flip of the switch on software and china could turn off all exits for the west, only leaving the east with the ability to 'exit', this alone, and this alone and why its not even discussed as national emergency situation is telling; that COVID & the RESET  are all part of this engineered take-down of the USA economy )
What happens next?

BIS-IMF created bitcoin, make no mistake they want to implement same system in crypto, all over the world, if you don't 'touch' your bank account yearly, the gov gets to steal your money, why not with bitcoin they ask?


Well today there are 10^3 coin-addresses with serious value

[ later we deal with the issue of how many satoshis could create how many unique addresses in theory ]

There are 10^77 private-keys possible, that is more than the number of electrons in the known universe, trust me its a big number.

Ergo 10^74 btc 'keys' are lost already, or maybe you can say they just haven't been found.

Then there are 300M, or 3*10^9 'used' addresses containing little value ( < 0.05 btc )

So in reality there are 10^68 lost keys; So lets say people forget their seed, or wallet-password say 1,000's a year, its still a drop in the bucket compared to the astronomic orhpan keys out there without any love

Seems to be a continuous scam that constantly comes up "Something ought to be done about 'lost coin'"; Of course the solution is have the GOV force all high-values addresses to be come public, and then black-list all addresses that don't have 100% KYC in a database on all high-value coins.

Then when somebody wants to spend their 'tainted' address they must plea to the IMF to release their address from the "no fly list"

The lost addresses the OP speaks of course, you or the GOV can't steal it, even if you declare it on your 'black-list', cuz you ain't got the private-key.

On the subject of scarcity, there is no scarcity of 'coins', each bitcoin is 100M satoshis, and there are 21M satoshis for now ( I think they'll bump the number later, why not? Its source code easy to modify all you need is +51% of the block-chain miners to run your software, China already has +67% )

So there are 100M satoshi per bitcoin, 21M bitcoin for now that be 10^8 * 21*10^6, so +2 Quadrillions satoshi

So 210*10^14 sats, now there are 300M coins ( addresses ) in use, this means you have 2.1*10^16 less 300M  = 2.09999997e+16

1.4285714285714286e-08, a less than a billionth of the available 'coins' have been used so far,

...

Of course in time, lots of these addresses/coins are unused and carry zero-balance.

Given that 99% of all BTC is held in 10K addresses, that's sort of where you look. From a GOV point of view, you focus on who holds +99% of the wealth, and of course we know its just a few people

IMHO the way GOV will handle this problem, is have a moratorium and force these 10k addresses to come forward and sign them with their KYC info, failure to, would then result in that address being black-listed.

For a privacy person, the only escape would be to sell that coin on the black market in China, for pennys on the dollar.

Of course some will say, then people will just 'mix', not true the exchanges have already been told to 'black-list' tainted or mixed coins.

...

How will bitcoin deal with lost 'tokens'? First of all there is NO such thing as token in BTC, that's an ethereum bullshit moniker. Even 'coin' in bitcoin doesn't mean anything, there are only addresses, that are hashed public-keys. Behind every public-key there is a secret private-key. If you know the private key, then you own the public-key, and its hashed address.

Bitcoin doesn't care. Its job is add transactions to the block-chain, if the transactions is approved then its posted. If the person making the transaction has the private-key, he can sign the transaction to prove to bitcoin that he is the owner. Bitcoin is only tasked with the tasks at hand. To build block-chains every ten minutes.

Now humans, they'er quite concerned with lost and/or orphan bitcoins ( addresses with value ), but likes been said above unless you have the private-key don't lose any sleep.

Certain criminals have proposed 'marking' unused say a year addresses as abandoned, then when the owner try's to do a transaction, he would have to pay to have it released, and this is where the criminal exchange loves this concept essentially its a tax for not spending your bitcoin. This is exactly what the new CBDC in CHina does, spend it or lose it.

NSA created SHA256&SECp256k1, anytime that the NSA releases the info on the 'back-door' into the wild, absolute pandemonia would result in Bitcoin being broken up into a quadrillion little pieces over night,

Not saying they'll do this anytime soon, MIL is loving this; They're getting rich too like everybody;

Every GOV on earth is making money off BTC, FBI/IRS stealing BTC from silk-road and various other 'mixers', its endless law-enforcement see's bitcoin as a permanent xmas party fund for life. LEO used to have to stop car's and look for cash to steal money, now they can go online and 'steal' just like a common criminal.

'They' can shutdown BTC anytime they wish, now is NOT the time;

Today BTC is "Too Big To Fail", I suspect they'll let another $10T flow into BTC before they pull the plug, remember; They want a 'reset', but they don't want GOLD to go astro, because that would enable the 'little people'

The entire operation of BTC is to funnel excess cash-wealth away from gold and real-assets into intangible IMF-BIS funny-money, where it can be evaporated.

Post reset will be CBDC, with China having the most 'Gold Backing'; The masses in the USA who manage to stay alive will get CBDC deposited to their ATM-cards, just like stimmy-checks today, who will the blame on the bTC collapse?? Probably Russia, that's generally been the WOKE-CIA narrative all along. Russia doesn't care, they're just happy to see the US-Dollar Reserve system implode.

BAIT&SWITCH

2009 - Come to BTC because its an F*CK-YOU to US-DOLLAR, Stay because its private,secure, & anonymous

How does GOV control BTC? The onramps&offramps, the exchanges are already under GOV control. The #1 is IRS-COINBASE, its how the IRS see they 'collect taxes' in the future.

BITCOIN is the GOV, Bitcoin was always the GOV

IMF-BIS created the narrative in 1997, Satoshi(NSA) released the code in 2009, and the system embraced post 2009. GOV never did anything, its was 'hands-off', sure politicians talked shit, that's what they do. Now that the CAP of BITCOIN is bigger than any corporation, or the banks combined. They're ready to make their public 'move'

GOV doesn't want to destroy BTC. BTC is a way for GOV ( organized mafia ) to rob everyone and enslave them. If you think GOV works for U, your out of the loop. GOV is owned by the rich, and the rich own the banks - IMF,BIS,IRS; The rich have long planned COVID & the great-reset. Its now all coming together.

BTC is now TOO BIG TO FAIL.

The problem with stupid arguments and stupid people is that is the majority, hell they have had 50+ years to dumb down the public to an average IQ below 70.

So its bait&switch, you came to BTC cuz it was 'freedom/privacy', they took that away and made you rich on paper, so you complied to their lockdowns.

Mass hysteria everyone moves their wealth into crypto, the MIL-industrial-complex doesn't even have to leave DC or send out an army now, they can ROB THE WORLD ONLINE.


BITCOIN is NSA, SHA-256&SECP256k1 are NSA; All planning and white-papers for Bitcoin came out of IMF-BIS in 1997.

To suggest that BITCOIN is not GOV is 100% moronic argument.

Lastly, the wild card is how is it US-GOV creates BTC, but CHINA own it?? Well that's easy IMF/BIS/NSA/IRS/FBI are not USA they're private corporations controlled by the rich.

The entire reset plan is/was to move banking from West to East, from NYC to Shanghai. West has moved Trillions of cash to China, who uses it to BUY Gold.

All this makes sense, if you understand that Mao was brought to power in the 1950's by Rockefeller. Just like Bush brought Hitler to power in the 1920's through UK banking.

...

Not much of a summary to give, just be careful and understand that the only safe place for wealth is going to be diamonds and buried gold. All the virtual will probably evaporate by decree, once the NWO CBDC's are announced, right now China is field testing, and all of Asia. The US will be the last man standing, when they pull the plug on BTC, by then the ASIANS will have already made for the exits.

Who cares? The Rockefeller Family is ensured of ruling the earth with this move, they own major Chinese assets pre&post reset. GATES & MUSK will make out like bandits, they know what's going on.

SO why haven't they done it?

Because the revolving door, just like MIL today all the original BTC-CORE people are in US-GOV jobs, and/or US-GOV setup CIA/FBI/IRS exchanges running things for the GOV.

Of course the GOV doesn't want REAL PRIVACY, and REAL anonymity, that's only for CIA officers, not the general public.

Sort of like TOR being created by the MIL, SO US-MIL could have private conversations on the internet, TOR was not meant for little people

The entire deal is little people are stuck with BITCOIN, and the big guys get to use Monero, or zSnark


But never mind cuz GOV is letting everybody get rich before IRS-COINBASE with-holds the 90% new biden crypto-tax, of course since 99% of you don't hold your private keys on the exchanges, they will withhold cuz they can

Keeping the majority in the public eye, makes asset forfeiture super easy for GOV, they intend to keep it this way

People who want to PRESERVE & Keep their wealth, KNOW they must have REAL 100% privacy, and BITCOIN got in BED with the FBI-IRS years ago, and is now married and spawned children called IRS-COINBASE, RIOT, ... BTC-ETF is coming, .... all same-same as ever


**

Like the "Gov Lottery", BiTcoin is just the NEW tax on Stupid People

Major arguments for bitcoin, are brought to you by IMF, BIS, FBI, IRS, and US-Treasury.

---

I disagree, it takes year to be a proficient C++ programmer, it takes years to study all the software ETH&BTC, and read all the white-papers

It takes years to roll up your sleeves and experiment with all the software.

Nobody learns 'BTC' in a few weeks, and the first thing is SHUT-OFF the damn internet, nobody learns on the internet, its all paid bots pushing a narrative of moronity.

Hell, if you want to learn BTC, read the first few years of the USENET crypto before & after Satoshi left, then you will get a clear view of BTC.

...


Only fools say "I invested in a lotto ticket"

Early people, got to mine, and acquire their BTC/ETH for free, smart people created alt-coins and acquired pre-mined coins for free; that's where the real wealth is

Late adopters, johnny come late folks trying to 'get rich quick' always get screwed when the ponzi collapses

All the arguments for BITCOIN post 2014 are LIES, by LIARS. All the arguments for BTC prior to 2012 were Libertarian in Nature, a conviction post Trump that is now illegal.

I only trust the original libertarian ideals of BTC, everything else is GOV, and/or Criminal bullshit.

[moderator's note: consecutive posts merged]

But they told me that HW wallets were "Safer than Gold"

Women need more Bitcoin

I think biden has their back

Redistribution is coming.

Yes,

HODL is to love god

Selling Bitcoin is to hate BTC, to hate btc is go hate god

I find it fascinating that more people step forward to defend Musk, than BTC any day in the normal HODL-vs-HATE meme war

I'm going to guess that MUSK owns more bots for his defense, than any other bot army on this forum

MUST is TSLA he makes all the decisions, to suggest that TSLA & MUSK are divorced is stupid

Musk said he sold $100M after he said he sold none, financial press said he made $272M profit, so he obviously sold more than $500M

Just a week ago in Texas the car that crashed and killed two, Musk said the auto-pilot was OFF,

Musk is a habitual liar, but who cares right?

Lastly, TSLA 1st quarter report shows a loss, had he NOT bought BTC at the low, and sold at the high, TSLA stock would have tanked. So now Musk makes all his money trading crypto's to float his failing company's. This is not a new story. DeLorean did this years ago with Cocaine.

GOLD in the Hand is your Friend

BTC is the 'bird in the bush', every cave man knew a bird in the hand had more value than a bird in the bush.


Now scammers can sell you paper certificates proving 'ownership' of the bird in the bush.

Problem with Gold vs Bitscam is your comparing real versus un-real; It can't be done, as the real is what it is, and the un-real can be anything the bullshitter says it is

Like long ago people were killed over "How many angels can dance on the tip of a needle", the question caused bar-fights and hangings. There is never a 'right' answer to a stupid question.

GOLD is an insurance policy. Simple, buy it forget it, hide it.

BITCOIN is a lotto ticket, buy it, HODL, cross your fingers.

Done, nothing more to be said.

Trade bitcoin, lose all your money, unless you ran an exchange where you can rob people legally. Same for GOLD, trade GLD you lose, because the house always wins.

Private key wallets are usually at risk of being hacked, but hardware wallets are completely risk-free, so many large investors have turned their attention from software wallets to hardware wallets.

There are more 'fake' "Trezor Wallets" coming out of China, that there are 'fake' Apple Store, and iPhones; and that's a lot. In China, the people who work at the Apple stores don't even know they're not working for Apple, and its the same for the Trezor Universe.

U might trust Trezor as much as the baby-jeebuz, but its irrelevant, unless you bought your 'Trezor' in person from the CEO at the Company, and even then he probably doesn't know if its a real device. Often these things are fabricated by the 100's of 1,000's in China on contract, and the rejects that fail 'test' are thrown in a bin and sold for cheap, then end up in Nigeria where they're resold on ebay

Lot's of ways to scam the hw-wallet, the big one is the fake scratch-off key, the second is to have pre-determinstic random numbers, say you generate 1M random keys from a seed, then you send out the Trezor clones, now you have a database, and you scan all the addresses, on the mining-pool of BTC, when you see an address from your pre-deterministic database of priv-key/address-map on bloom-filter in real time, you 'sweep', or even better you flag and have a human watch&wait until big money appears on that address.


Wallet Software is dangerous, free trojan horses.

Hardware Wallet is a joke, how do you really know its doing what you think? How can you trust the company.

Why have so many addresses you have ONE for your serious, like the big-miners, you see they have one address with 150k btc's

You have a few addresses for junk stuff

You run your own bitcoin full-node, your own electrum-server  if you wish to make lots of addresses, you use coin-join, if you wish to do your own mixing

...

Everything is offline. Get a couple of dice, say roll the 32 times and write down the numbers, then enter the numbers on an offline laptop, that is virgin, no web-browser, sort of like the hive-model, virgin clean no chance of malware. You run "KU" for python bitcoin/pycoin, ku will take the generated random number and generate your WIF, you write that WIF down. Your done. You engrave that WIF on some metal, and put it away. If you want more special private-keys, do this again.

Now you have a private-key, on the same offline virgin, when you ran KU to get your WIF, you also got all the address formats, right now the one you with to use, comp, uncomp, bc up to you Your done.

Your PRIV-KEY has never seen the internet, your PRIV-KEY is hard saved permanently. You tell nobody, ever. Your security is 100%. NOTHING no random generator on earth can better the dice rolls, as all computers do pseudo-random generation.

Given that you have your own private full-node, and electrum server, you run the wallet software, so it only connects to your server internally, use TOR if you wish. Nobody on earth can connect your IP, to that address, I'm saying you have imported your secret priv-key into this private wallet node. This just be for coin-joining or mixing internally to save coins; You can always create throwaway addresses, bringing in new funds, but you can mix them back to your secret address.

Of course once you have gone to the trouble of making a 'super-priv-key' you never share it with COINBASE, or sweep using a wallet, you never use mobile-wallets, unless you fund toy-accounts for pocket money

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All wallet software online is a scam. All wallets on mobile's is a scam. The only safe wallet is on your own private wallet-server, that nobody can see what your doing. If you can't afford to lose it, don't use it with public domain software.

Most hardware wallets are a scam. Either they give you rub-off key, which they sweep your funds later, or the hw-wallet has a serial number where they can later activate malware, why would anyone think that companys making wallets are safe? It only takes 1-2 dishonest employees in cahoots with a Nigerian OP, to destroy a company. Hell anybody that gets into any wallet hw or sw is not to be trusted free or not.

At least with your own node you can monitor 'call 2 home', and prevent malware

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In summary making a super-secure private key is easy, just roll a few dice a few times. Keeping that private-key off of the computer, and off of the internet is the secret. Running your own wallet-server is most important of all to make sure NOBODY associates your high-value address with your geo-ip

What in the hell is a paper-wallet Paper is where you do your scratch work rather than on a computer, storage of your magic number is up to you, hell grind it into the bottom of your desk with a drill

'wallets' are 100% bullshit hw or sw, running your own BTC full-node, you can do your own transaction 100% anonymous

All exchanges are either ran by the GOV, or criminal in nature.


Private key wallets are usually at risk of being hacked, but hardware wallets are completely risk-free, so many large investors have turned their attention from software wallets to hardware wallets.

10's of 1,000's of people have been robbed by buying cheap trezor clones online from ebay

Over $2Billion USD lost every year from BTC theft, but its a dirty little secret

hw-wallets are USB devices, the easiest thing in the world for NSA to hack is USB devices, these days lots of malware out there to scan, super easy to get into a device read-only dump the memory, and decrypt it later

but most hw-wallets use the ebay scam, where a scratch off key is included in the package, and of course as soon as you use the wallet with that key, your funds are swept by a 3rd party

but even making your own key isn't safe, because all wallets hw or sw are trojan horses

original btc design didn't even have 'wallets', it came later by criminals and exchanges and governments




Its not that the paper is wrong, but the idea of printing the private key on it is very dangerous. Thankfully they were replaced with seed words which are better.

In short, its the modern, safer version of it. Private keys should never be handled directly.

Seed words require a dictionary to map those words to a 12 bit digit, typically 12 or 24 seed words, what a pain in the ass. Not all sw even uses the same software mapping. This crap was invented by the same dildo that brought you 'brain-wallets', another scam that caused people to lose millions

Just roll two dice 3 dozen times writing down each pair of digts, and your done. U have your numeric private-key. Convert to WIF format offline secure, and tattoo that on bottom of foot. Done.

WIF is typcially about 28 characters, easy to write down.

I think memorizing 12 or 24 words in an order is as dangerous as 'brain wallets', people are constantly forgetting the order, or one word, read the net, not a day goes by somebody messes up and loses all their btc forever

Just convert the numeric key to a WIF, and write on system using a permanent marking system, welding rod if you wish, or plasma-ionic rifle, bury it with your gold, so know its in a safe place.

Why pick on paper, there are scrolls laying around with old ink 10's of 1,000's of years; going to last longer than you, especially if stored in dry place. Like a PVC gun tube, where you keep your gold buried.

Most of the time when people first start BTC they don't know what they're doing, they go online and get an 'address' and never backup that priv-key, then years go by they think their rich, and then when they go to spend their btc ( cuz they hodl ), they find out they don't have the key, or the password to the wallet; So many gimmicks and pitfalls in BTC to lose your money




A mnemonic seed wallet has many advantages - you only need pen and paper to make it, it creates a full wallet with as many addresses as you need, as well as change addresses, and you can even memorize the seed to additionally store it in your head.


Why indeed? Because most people can't remember where they left their car keys ten minutes ago.

Write it down, or lose it.


On Ethereum they tell you they intend to reduce eth  live holdings, to increase price, on btc they can count on people being stupid to reduce active addresses. Lost coins, means price goes up. By Design. More theft price, goes up; by design.

Like you already KNOW, if you use an online/mobile-phone wallet, and  use their private-key generated, then you have already lost your money.

Nothing here makes BTC private, you can't make a silk-purse out of a sows ear.

The problem is that BTC doesn't  support encrypted transactions on the blockchain, all is visible all the 3rd party software on earth will not fix the problem.

The problem has already been fixed, its called alt-coin, its why Monero & family exists.

Lastly, most your topics are on 'mixing' which is now taboo, if your address has a history of mixng, then its blacklisted by IRS-coinbase, and ergo your coin is worthless.

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If you want to make $$ and get famous, then do videos on how to be 'really private' in the new world of alt-bitcoin, that is where the future money is going

Like they said here, nobody wants to see a talking head, you must have graphics, an examples, and code to explain your story. 1/2 the people are oral, and 1/2 are visual; 1/2 the people use their eyes, and tune out their ears and vice-versa,


Its too late for BTC, the BTC-CORE long ago sold out to the IRS/FBI today BTC is hard-wired into the US-GOV spy agencys, the only way to be private, is not to use bitcoin.