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2661  Bitcoin / Bitcoin Discussion / Re: Bank & Government Crypto on: May 03, 2021, 08:37:56 AM
Some countries like china, Cambodia and the Bahamas has launched their own digital currencies. Yet Bitcoin still isn't manipulated. Although we are yet  expecting more countries to launch their own digital currency I believe before that said time we would know if Bitcoin could be manipulative or not. But considering it's decentralized nature I believe since it can't be a stable coin government policies wouldn't be able to affect it's value
2662  Bitcoin / Electrum / [TUTORIAL] How to extend seed phrase in electrum wallet on: May 02, 2021, 11:51:46 PM
Seed phrase, seed recovery or recovery phrase which is said to be an arrangement of words used to gain access to cryptocurrency wallets. In Bitcoin, seed phrases gives users an avenue to backup their wallets. If one looses access to a certain wallet it can be accessed in any BIP39-compactible wallet to recover funds. We have over 2048 words on the BIP39 word list, this means that a string of 12 words would have 128bits of security. This makes hacking or intruding into your wallet a bit studious.

If an intruder wishes to attack a wallet it is expected of such to carryout 2128 operations to guess a 12 word phrase. It might seem to be a small number, but it is more complex than you think. This seed can also be extended to improve security.

Is seed phrase the same as private key
Quote

Seed phrase is different from private key in that private key can be considered to be a secret number that allows coin to be spent. It creates a key pair that grants access to wallets. While a seed phrase is simply a representation of a random number. It's an ordered sequence of 12 or 24 words, chosen from a list of 2048 words. Using cryptography, your wallet can derive your private key using your seed phrase. And with that private key, your wallet can spend your bitcoin.

Seed phrase extension
Seed extension is the process of adding more words to the existing seed phrase to strengthen the security of a crypto wallet. This is done while creating a new wallet.
Reserved extension seed phrase:
Code:
abandon
ability
able
about
above
absent
absorb
abstract
absurd
abuse
access
accident
account
accuse
achieve
acid
acoustic
acquire
across
act
action
actor
actress
actual
adapt
add
addict
address
adjust
admit
adult
advance
advice
aerobic
affair
afford
afraid
again
age
agent
agree
ahead
aim
air
airport
aisle
alarm
album
alcohol
alert
alien
all
alley
allow
almost
alone
alpha
already
also
alter
always
amateur
amazing
among
amount
amused
analyst
anchor
ancient
anger
angle
angry
animal
ankle
announce
annual
another
answer
antenna
antique
anxiety
any
apart
apology
appear
apple
approve
april
arch
arctic
area
arena
argue
arm
armed
armor
army
around
arrange
arrest
arrive
arrow
art
artefact
artist
artwork
ask
aspect
assault
asset
assist
assume
asthma
athlete
atom
attack
attend
attitude
attract
auction
audit
august
aunt
author
auto
autumn
average
avocado
avoid
awake
aware
away
awesome
awful
awkward
axis
baby
bachelor
bacon
badge
bag
balance
balcony
ball
bamboo
banana
banner
bar
barely
bargain
barrel
base
basic
basket
battle
beach
bean
beauty
because
become
beef
before
begin
behave
behind
believe
below
belt
bench
benefit
best
betray
better
between
beyond
bicycle
bid
bike
bind
biology
bird
birth
bitter
black
blade
blame
blanket
blast
bleak
bless
blind
blood
blossom
blouse
blue
blur
blush
board
boat
body
boil
bomb
bone
bonus
book
boost
border
boring
borrow
boss
bottom
bounce
box
boy
bracket
brain
brand
brass
brave
bread
breeze
brick
bridge
brief
bright
bring
brisk
broccoli
broken
bronze
broom
brother
brown
brush
bubble
buddy
budget
buffalo
build
bulb
bulk
bullet
bundle
bunker
burden
burger
burst
bus
business
busy
butter
buyer
buzz
cabbage
cabin
cable
cactus
cage
cake
call
calm
camera
camp
can
canal
cancel
candy
cannon
canoe
canvas
canyon
capable
capital
captain
car
carbon
card
cargo
carpet
carry
cart
case
cash
casino
castle
casual
cat
catalog
catch
category
cattle
caught
cause
caution
cave
ceiling
celery
cement
census
century
cereal
certain
chair
chalk
champion
change
chaos
chapter
charge
chase
chat
cheap
check
cheese
chef
cherry
chest
chicken
chief
child
chimney
choice
choose
chronic
chuckle
chunk
churn
cigar
cinnamon
circle
citizen
city
civil
claim
clap
clarify
claw
clay
clean
clerk
clever
click
client
cliff
climb
clinic
clip
clock
clog
close
cloth
cloud
clown
club
clump
cluster
clutch
coach
coast
coconut
code
coffee
coil
coin
collect
color
column
combine
come
comfort
comic
common
company
concert
conduct
confirm
congress
connect
consider
control
convince
cook
cool
copper
copy
coral
core
corn
correct
cost
cotton
couch
country
couple
course
cousin
cover
coyote
crack
cradle
craft
cram
crane
crash
crater
crawl
crazy
cream
credit
creek
crew
cricket
crime
crisp
critic
crop
cross
crouch
crowd
crucial
cruel
cruise
crumble
crunch
crush
cry
crystal
cube
culture
cup
cupboard
cushion
custom
cute
cycle
dad
damage
damp
dance
danger
daring
dash
daughter
dawn
day
deal
debate
debris
decade
december
decide
decline
decorate
decrease
deer
defense
define
defy
degree
delay
deliver
demand
demise
denial
dentist
deny
depart
depend
deposit
depth
deputy
derive
describe
desert
design
desk
despair
destroy
detail
detect
develop
device
devote
diagram
dial
diamond
diary
dice
diesel
diet
differ
digital
dignity
dilemma
dinner
dinosaur
direct
dirt
disagree
discover
disease
dish
dismiss
disorder
display
distance
divert
divide
divorce
dizzy
doctor
document
dog
doll
dolphin
domain
donate
donkey
donor
door
dose
double
dove
draft
dragon
drama
drastic
draw
dream
dress
drift
drill
drink
drip
drive
drop
drum
dry
duck
dumb
dune
during
dust
dutch
duty
dwarf
dynamic
eager
eagle
early
earn
earth
easily
east
easy
echo
ecology
economy
edge
edit
educate
effort
egg
eight
either
elbow
elder
electric
elegant
element
elephant
elevator
elite
else
embark
embody
embrace
emerge
emotion
employ
empower
empty
enable
enact
end
endless
endorse
enemy
energy
enforce
engage
engine
enhance
enjoy
enlist
enough
enrich
enroll
ensure
enter
entire
entry
envelope
episode
equal
equip
era
erase
erode
erosion
error
erupt
escape
essay
essence
estate
eternal
ethics
evidence
evil
evoke
evolve
exact
example
excess
exchange
excite
exclude
excuse
execute
exercise
exhaust
exhibit
exile
exist
exit
exotic
expand
expect
expire
explain
expose
express
extend
extra
eye
eyebrow
fabric
face
faculty
fade
faint
faith
fall
false
fame
family
famous
fan
fancy
fantasy
farm
fashion
fat
fatal
father
fatigue
fault
favorite
feature
february
federal
fee
feed
feel
female
fence
festival
fetch
fever
few
fiber
fiction
field
figure
file
film
filter
final
find
fine
finger
finish
fire
firm
first
fiscal
fish
fit
fitness
fix
flag
flame
flash
flat
flavor
flee
flight
flip
float
flock
floor
flower
fluid
flush
fly
foam
focus
fog
foil
fold
follow
food
foot
force
forest
forget
fork
fortune
forum
forward
fossil
foster
found
fox
fragile
frame
frequent
fresh
friend
fringe
frog
front
frost
frown
frozen
fruit
fuel
fun
funny
furnace
fury
future
gadget
gain
galaxy
gallery
game
gap
garage
garbage
garden
garlic
garment
gas
gasp
gate
gather
gauge
gaze
general
genius
genre
gentle
genuine
gesture
ghost
giant
gift
giggle
ginger
giraffe
girl
give
glad
glance
glare
glass
glide
glimpse
globe
gloom
glory
glove
glow
glue
goat
goddess
gold
good
goose
gorilla
gospel
gossip
govern
gown
grab
grace
grain
grant
grape
grass
gravity
great
green
grid
grief
grit
grocery
group
grow
grunt
guard
guess
guide
guilt
guitar
gun
gym
habit
hair
half
hammer
hamster
hand
happy
harbor
hard
harsh
harvest
hat
have
hawk
hazard
head
health
heart
heavy
hedgehog
height
hello
helmet
help
hen
hero
hidden
high
hill
hint
hip
hire
history
hobby
hockey
hold
hole
holiday
hollow
home
honey
hood
hope
horn
horror
horse
hospital
host
hotel
hour
hover
hub
huge
human
humble
humor
hundred
hungry
hunt
hurdle
hurry
hurt
husband
hybrid
ice
icon
idea
identify
idle
ignore
ill
illegal
illness
image
imitate
immense
immune
impact
impose
improve
impulse
inch
include
income
increase
index
indicate
indoor
industry
infant
inflict
inform
inhale
inherit
initial
inject
injury
inmate
inner
innocent
input
inquiry
insane
insect
inside
inspire
install
intact
interest
into
invest
invite
involve
iron
island
isolate
issue
item
ivory
jacket
jaguar
jar
jazz
jealous
jeans
jelly
jewel
ignore
ill
illegal
illness
image
imitate
immense
immune
impact
impose
improve
impulse
inch
include
income
increase
index
indicate
indoor
industry
infant
inflict
inform
inhale
inherit
initial
inject
injury
inmate
inner
innocent
input
inquiry
insane
insect
inside
inspire
install
intact
interest
into
invest
invite
involve
iron
island
isolate
issue
item
ivory
jacket
jaguar
jar
jazz
jealous
jeans
jelly
jewel
job
join
joke
journey
joy
judge
juice
jump
jungle
junior
junk
just
kangaroo
keen
keep
ketchup
key
kick
kid
kidney
kind
kingdom
kiss
kit
kitchen
kite
kitten
kiwi
knee
knife
knock
know
lab
label
labor
ladder
lady
lake
lamp
language
laptop
large
later
latin
laugh
laundry
lava
law
lawn
lawsuit
layer
lazy
leader
leaf
learn
leave
lecture
left
leg
legal
legend
leisure
lemon
lend
length
lens
leopard
lesson
letter
level
liar
liberty
library
license
life
lift
light
like
limb
limit
link
lion
liquid
list
little
live
lizard
load
loan
lobster
local
lock
logic
lonely
long
loop
lottery
loud
lounge
love
loyal
lucky
luggage
lumber
lunar
lunch
luxury
lyrics
machine
mad
magic
magnet
maid
mail
main
major
make
mammal
man
manage
mandate
mango
mansion
manual
maple
marble
march
margin
marine
market
marriage
mask
mass
master
match
material
math
matrix
matter
maximum
maze
meadow
mean
measure
meat
mechanic
medal
media
melody
melt
member
memory
mention
menu
mercy
merge
merit
merry
mesh
message
metal
method
middle
midnight
milk
million
mimic
mind
minimum
minor
minute
miracle
mirror
misery
miss
mistake
mix
mixed
mixture
mobile
model
modify
mom
moment
monitor
monkey
monster
month
moon
moral
more
morning
mosquito
mother
motion
motor
mountain
mouse
move
movie
much
muffin
mule
multiply
muscle
museum
mushroom
music
must
mutual
myself
mystery
myth
naive
name
napkin
narrow
nasty
nation
nature
near
neck
need
negative
neglect
neither
nephew
nerve
nest
net
network
neutral
never
news
next
nice
night
noble
noise
nominee
noodle
normal
north
nose
notable
note
nothing
notice
novel
now
nuclear
nose
notable
note
nothing
notice
novel
now
nuclear
number
nurse
nut
oak
obey
object
oblige
obscure
observe
obtain
obvious
occur
ocean
october
odor
off
offer
office
often
oil
okay
old
olive
olympic
omit
once
one
onion
online
only
open
opera
opinion
oppose
option
orange
orbit
orchard
order
ordinary
organ
orient
original
orphan
ostrich
other
outdoor
outer
output
outside
oval

https://github.com/bitcoin/bips/blob/master/bip-0039/english.txt

    Why should you extend a seed
    • Wallet security:
      The longer the phrase the more secure your wallet would be. Preventing Intruders from guessing the phrase.
    • plausible deniability:
      It completely denies knowledge of any particular attempt to guess the phrase words and claims such doesn't exist
    • Total privacy: This phrase aren't saved on electrum server and is only unique to you alone.


    How to set up seed extension

    step 1: from www.electrum.org download the app to your preferred device.



    Step 2: click on next to which would take you to where you would select the wallet type you prefer.



    Step 3: from the menu select your preferred wallet type.



    Step 4: proceed to create your own personal new seed from the BIP39 word list.



    Step 5: write down your seed phrase in a save document, from the seed phrase menu click on the settings icon



    Step 6: click on the box provided to add the seed phrase selected from the list of reserved words




    Step 7: enter the custom words you wish to extend your seed phrase with.



    Disclaimer:
    The images provided is for illustration purpose only and does not belong to anyone.


    Source
    https://github.com/bitcoin/bips/blob/master/bip-0039.mediawiki



    [/list]
    2663  Economy / Gambling discussion / Re: The fine line between market investment and sports gambling on: May 01, 2021, 04:07:45 PM
    Sports gamblers and market investors share a very thin line of difference but for the both there is a big difference. For betting we stake without certainty although most of the times we check out of past performances and also the records a particular team has kept over a period of time. But we forget that the other team we are negleting might have had series of trainings ready to breakthrough from the weakpoints of the stronger team.

    When it comes to market investments we have different strategies that directs the trader on direction of the trending market. Investing in the financial markets require analysis and if not properly analyzed could be considered as gambling. It's like our general day-to-day business venture. You have to understand a particular business before you trade it
    2664  Economy / Economics / Re: Bitcoin vs Agriculture on: May 01, 2021, 03:55:14 PM
    how can i use bitcoin to improve my plantation farm? Does it mean farmers cannot use bitcoin to improve their peasant or plantation farm?
    Kindly share your idea to help someone.

    Bitcoin is a currency like other centralized currency although for Bitcoin we would say it's decentralized. Bitcoin can be applied in all sector of life. In agriculture people buy your farm produce and others still invest in your farm with the aim of getting a return when the produce is ripe. For you to transaction with Bitcoin has a farmer you should start by engaging in mechanised farming and also be open to investors. By this your farm produce will grow beyond the normal yield and would also attract others as well who would love to invest with cryptocurrency in general
    2665  Economy / Trading Discussion / Re: Do you stick to your trading plans on: May 01, 2021, 03:48:55 PM
    Sticking to a plan requires lots of dicipline. You have to kill down some level of greed and have a consious mind of sticking to what you had in mind before entering a trade. Greed has blown so many accounts and it's always ready to blow down more. If one wishes to maintain a clean roll of profit margin then greed has to be dealt with to curb the loss that might arise as a result of selfishness
    2666  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM in a gas station on: May 01, 2021, 03:41:47 PM
    <•••>
    The fee involved in doing such transactions will be lesser if carried out with the normal fiat currency. Owning Bitcoin ATM in a gas plant could be a nice business idea not for the sake of paying for gas with it. May be for other purposes like acquiring coin, checking the current value of your coin and lots more but not doing direct business
    2667  Bitcoin / Bitcoin Discussion / Re: How future applications would be !? on: May 01, 2021, 03:35:36 PM
    Blockchain application in the near future would be vast. I foresee Bitcoin been applied in our general communial interaction on a daily affairs. Business has started adopting Bitcoin as means of payment and different financial institutions are creating policies that would ensure smooth transactions with Bitcoin in the nearest future. Let's consider Matercard for instance that is putting things in place so as to do proper transactions with crypto currencies.
    2668  Other / Politics & Society / Re: Who’s more powerful? The players, Fans or Clubs on: April 29, 2021, 08:53:42 AM
    WHO IS MORE POWERFUL Huh?
    1. The Clubs
    2. The Players
    3. The Fans..
    Quote
    The fans remains the motivation to what ever happens in the entertainment industry irrespective of the sector. Without the turn up of the fans the entertainment industry would just be a bunch of joke.
    The fans patronise the games and pay money for their source of entertainment. Without the fans, clubs will have less motivation to invest in the players and players are likely to suffer for that..

    So in effect, fans are the real owners of clubs and players.
    Quote
    This remains the fact. Without fans the management of sports will not be able to fund the sporting system. Taking the covid outbreak for example if sporting hadn't gone virtual most games would have had difficulty funding them. And
    It is their hard earned money that keeps the game running.

    Players age and they’re always replaced but the loyalty of the fans keep the club alive.

    SUPPORTERS HAVE THE POWER TO STOP THIS NONSENSE which will deprive poor people the opportunity to make ends meet.

    Reality is that Clubs gave too much money to players and made them disrespectful to their managers.

    End result, more debt and lacklustre..
    Quote
    Player faid away over time and are been replaced once old age sets in and most of them get transferred to other clubs giving a clearer picture of who makes and keep the sporting sectors generally

    2669  Economy / Trading Discussion / Re: "crypto day trading strategies ...." on: April 29, 2021, 07:32:35 AM
    Having a strategy that gives you proper signal on the direction of the trend would keep you profit margin more realistic and consistent. Maintaining a simple and easy to interpret chat will make your analysis accurate and in time.

    Sticking to a strategy that delivers most of the time is most preferable. Market will always play with our emotions no matter how good you become. But if you analysis is right stick to your trade and always adopt risk management such as applying stoploss so has to cut down the losses
    2670  Other / Beginners & Help / Re: Reason why merit is giving to who merited them on: April 29, 2021, 07:13:43 AM
      merit system was created to help isolate and encourage those that are hardworking from the lazy ones who tend in creating shitpost.
    I agree with you on this. My few months on this forum has taught me a whole lots on the kind of quality posts that deserves to be merited. Deep reserchers earn massive merits. The forum seek researchers who would answer global issues concerning Bitcoin and altcoin alike. You are a good poster but channel your energy in creating thread that would solve pending issues both on the forum and in the crypto space at large and watch the merit fly after you like magic
    2671  Economy / Economics / Re: How do you define rich? on: April 29, 2021, 07:04:32 AM
    Riches entails been able to meet your personal needs. I don't think been rich has any specific monetary value attached to it. It's strictly the state of ones mind. Except we are looking at wealth which I believe is a function of how much an individual worth based on his asset and networth.

    Been rich doesn't depend on physical appearance it's a play out of comfortability and happiness. The ease to which what you have attends to you day-to-day  needs
    2672  Bitcoin / Bitcoin Discussion / Re: Where does Elon and Saylor store their bitcoins? on: April 29, 2021, 06:32:45 AM
    Considering the risk involved in storing such huge amount of coin online I believe paper wallet or possibly a hardware wallet should serve as storage to their funds. With both options it would be difficult to trace their coin value e online after the have purchased them. The only import their private key when ever the desire to monitor their coin
    2673  Bitcoin / Wallet software / Re: Titan Bit Coin (Moving to Wallet)???? HELP on: April 28, 2021, 10:07:41 PM
    Check out the link below
    https://www.titanbtc.com/how-to-redeem-private-key-titan-bitcoins/

    2674  Economy / Gambling discussion / Re: Are females welcomed in gambling thread? on: April 28, 2021, 07:55:33 PM
    <•••>
    Gambling has nothing to do with gender it's a world of gender equality and as such everyone should be entitled to making equal use of their time . I think setting a limit should be your major concern. Knowing when to quit for the day, also having a budget for gambling and not staking all your life savings or funds just to gamble which remains a game of luck.
    2675  Economy / Speculation / Re: Is it bearish season yet? on: April 28, 2021, 07:46:41 PM
    For me we are still having a bearish season until the market retests it's previous highs and do a major breakout thereby causing a higher high if this zone ($64,000)it's all time high can't be broken then we are still experiencing a bearish season and we trade with close caution
    2676  Economy / Gambling discussion / Re: Lucky Winners of the Day - Random Pick on: April 27, 2021, 12:35:31 PM
    Gambling remains a game of luck. Not minding how tactical or skilled a gambler might be luck plays out most of the times. I believe your luck might just shine out some day. Maintaining dicipline as a gambler should be what you should watch out for most. More luck to your predictions
    2677  Alternate cryptocurrencies / Altcoin Discussion / Re: Which is best Altcoin to buy now on: April 27, 2021, 12:30:33 PM
    Depending on your budget and how long you wish to invest  your fiat currency before cashing out. If you have a reasonable amount and have enough patience then go for lesser coins like banana, XRP, Doge.

    With huge capital if you don't have enough patience to wait for your coin before withdrawal then I might suggest you go for ETH, BNB, BCH

    If your fiat currency is below $50 then you have to apply enough dicipline which means you have to decide how long you would like to maintain your coin first before going for it. Most altcoin takes longer time than others and patience is all that matters in the crypto market
    2678  Economy / Trading Discussion / Re: Control your trading emotional outburst and get yourself together! on: April 27, 2021, 12:22:41 PM
    Hey community, I am writing this stuff just to make everybody calm and get their stuff together!

    I am very shocked after seeing the forum full of stress in terms of Trading the bitcoin or other altcoins. When the crypto went down by 25% or more (some alts 50%+) everyone seems to be in pain and are confused right now.

    No chat graph goes just in one direction. While we expect bullish trends we should also expect bearish trends because price of commodities are been affected by diverse factors mostly news irrespective of it's contents be it good or bad.

    To limit panic whenever you experience a depreciation in price a proper understanding of supply and demand should be studied. As an investor you should take advantage of any situation and make good profit out of it not just getting worried over price drop which might result in wrong decisions.
    2679  Bitcoin / Bitcoin Discussion / Re: Has the world become greedier since BTC? on: April 26, 2021, 08:45:48 PM
    Since BTC and crypto everyone wants to get rich and
    Yeah, getting rich is nice and I also hope it will happen for myself but I feel the society is becoming way too materialistic. Also the greediness level seems very high, everyone want to get more and more.

    What's your view on this?
    Investing in cryptocurrency can't be classified as greed. I think this school of thought is self centered. Would you love to see people come to you when ever the have issues to be solved. I encourage as many who would like to invest to acquire as much coin as their fiat contain
    2680  Economy / Speculation / Re: i think we will see bitcoin 44k sooner on: April 26, 2021, 04:04:22 PM
    There is virtually no need for the alarm since bitcoin is on the steady rise at the moment. It's currently bullish
    as investors and intended invrstors are holding up positions not selling out their coin for any reason. I think its time to buy more coin so as to join the big league of cash out coming up soonest. We still maintain our Speculation of $100k soonest
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