Nobody ever said Bitcoin is targeted directly by SEC but the problem is started with the actions of SEC. They are indirectly disturbing the Bitcoin economic workflow and in reality it's getting worst as the related products are failing to survive in the market. For example, exchanges, p2p platforms, financial institutes directly involved with BTC trades and much more are getting targeted and thus they are failing to run the business properly. The aftermath? Bitcoin that is in possession of those institutes is getting ceased and that actually belongs to the users of those platforms. Now, its big world and there are many people so we can't ask everyone to bend their minds to use decentralized platforms and that's different story so they are going to use these handy tools which ultimately fails bitcoin. Also, with the time SEC gonna put hard burden in Bitcoin's operation so it's still not entirely true what you mentioned about them. SEC does have Devils eyes.

So looking at the discussion above it is safe to say that we are still in the secure environment right? In simple language I believe we are far away from breaking the entire bitcoin addresses generation combination which is large odd as mentioned above. If this was already broken then bitcoin system had been down the sink by now.

I am not sure what has been technical point of view but what addresses I have generated until now including its private keys they are still as secured as they should be until I lose the private key somewhere or with someone.

Layman: the odds are high and it’s next to impossible to generate the repeated keys or combination of addresses plus keys. That’s what I’m keeping in mind.

Yeah these are the stories I am looking forward to print and put on my desk. Gives me inspiration how people lost the path of being millionaires. I think it’s best practice we should start our journey from the current timeline and look forward to achieve that very path which we missed. Actually we aren’t missing it if we haven’t sold anything yet. I am bracing myself for the 2024 halving when I am sure Bitcoin is going to have amazing up drive. Who knows there gonna be more millionaires who are holding since 5-7 years back when Bitcoin was way down the current price. So yep one more vote from my side for this whole new experience. Keep holding and keep holding in your non custodial wallets or paper wallets. 

I am not sure if bots really make you some money. If you start reading about the real trading and the techniques behind them then its really sophisticated thing. I highly doubt these bots can make any much difference with their stop and enter features which are just repetition based on the profits or losses that you make.

Plus giving away your account control and the funds in the hands of bots is risky too. I know we can set the limits of exhaustion but that is also poorly managed and not charming feature. Dont know I am against the bot concept since the beginning I came to know about them. The Gunbot was there on the forum, however it also went down the market line over the time. So not sure about this one.

It could be good idea but after solving all the above stated intricacies one still need to achieve the marketing of these PoS machines. Plus who would be the authority to run these servers when these PoS machines are enforced in every shops and malls? Will there be a centralised authority who will provide the service for this.  If yes, then how we can call it as decentralised way of paying things.

Idk, but let’s say PoS is being manufactured by one party, then all the set up and handling should be given in the hands of machine holder. Just like ASIC manufacturer in case of mining where miners is looking after all the set up and running.

 Is this correct?

I am seeing the paper in layman’s view since I’m not that too technical. However I have been involved in one thread in regard to understand why the block size has been kept limited to 1MB or 3MB or something else. Now here in your paper I read that you can actually modify the block size and include higher number of transactions. Before this paper my understanding was the block was limited in the size as well as it can never be touched since the time Satoshi released it.

But is this happening any soon or does this paper suggest the scalability issue and how it can be resolved “if” this is implied.

That is long gone. It was multi million business and there is no coming back in the US geo for Binance for time being. They should have done the ToS acceptance as per the government since very long and it’s not like Binance is completely at the fault but the government authorities as well. The Binance did Update their system time to time. First they had no KYC, then they were supposed to do the basic KYC and later it all started with full KYC concept as per the account level.

That part was already clear and most of the exchangers do follow it no matter what. Over the period of time authorities have changed many asset natures from cold asset ti securities from trading commodity to commission and what not.

It’s obvious any business would fail to adopt over the time if they are changing the rules like clothes.

Very thoughtful project and visiting this thread for very first time. I am not sure how is it different from the actual website but isn’t there should be feature such as notifying the user about live merit sending and receipts. For example, giving chrome/Firefox notification if I receive the merit even after let’s say I am not using the bitcointalk but the my browser is on. Since BPIP anyway shows the merit status on their web version I am sure this can be added in the browser extension itself.

(I know it shows on the display, I am talking about being notified by browser itself).

The tool is already amazing but just little thought to put in.

I think you should still consider Bitcoin as secondary investment and not the primary one. It's good to know you are investing only some portion from the actual income into the Bitcoin. First get to know Bitcoin, its one crazy horse to ride and control. Its volatility rules are mind wobbling so its better to focus more on your Business and how you could grow it with the time in the bad times like these. You should always keep up your Bitcoin purchases and see how it goes over the period of time. Why I am saying not jump all in is due to its volatile nature. Since your business is already running low, it means you need to keep up with daily needs with little bit of struggle. Hope so you will calculate the finances properly and make your choices. Remember: Your and family optimum living > other investments. 

Its nothing like only politicians and business owners are owning the lands. If you have got the money then no one is really stopping us from buying the lands too. Its just that most of the modern generation is focused on quick leisure and their spends are increasing on the non valuable investments a lot. I am not sure but I keep seeing few shows on the history and they show how everyone is behind buying few antique dolls and cars which are packed in the box and never opened. They think that is the investment. They think they can auction it for millions and live happily ever after. They are so happy in that world but they dont understand that its temporary. While real estate is big player game. You have to have plans for buying the land. You should be saving up money for that cause and chase to gain more real estate investments. There are many urban regions where surroundings will be taken by industrial zones and thus raising the value for those lands. It is definitely worth buying it with proper plan and execution's.

How about adding one chapter which will only talk about the Bitcoin's days after 100 years or may be after we mine the last Bitcoin. That could sum the end story or may be a new chapter which is associated with The New beginning of Bitcoin Era? You getting me where I am going with this. So in reality one can start predicting what it may look like into the future when other monetary system would be failing at the mercy of government and their crooked rules and regulations. While bitcoin still prospers because of its decentralized nature and miners overtaking different base sites all over the world. Let us assume there will be another WW thus only option we left out in monetary system would be decentralized trades and with modern world it would be bitcoin saga. This is already sounding amazing beginning for the Bitcoin. What do you think. Just trying, not a writer. lol

The high security can only be achieved with the help of non custodial wallets. Its even better for OP if they just keep loading their paper wallets instead of loading the bitcoin in any type of wallets. My experience with hardware wallet and paper wallet has been way good than the software wallets. I am surfing the wallet software thread and seeing that their are many arguments and bugs in the wallets thus leading everything towards black hole with surprises.

The paper wallet advantage: You wont be exposing your wallet info over the internet once it is printed and all its digital copies are deleted. Their is virtually no existence of that data since it would be on a printed paper. As long as OP does not insert the private keys in imported wallet they are way safer than any other form of wallet.

OP just let it go mate. It’s your lucky day you have not seen the worst when there was ex club who was eventually exposed as scammer was very active in bullying everyone on the forum. In fact they would bullied your current thread in no time along with other users. LOLZ

I ma laughing with the imagination that what would have really happened if that was present here. I am sure what you talking is correct but it’s just mild version of bullying (May be micro!!). So just let it go. Everyone has a freedom to talk anything and respond anything. Just keep posting and focus on better replies.

Damn man that’s really low supply that is to be added to the circulation. It’s almost over and yet FUN is not taking any serious changes in the price hikes. I am more maximalist here about FUN so I just hope this will soon aggravate the fun market and make it go crazy with the price. Has anyone noticed the supply correlation for the FUN yet? What other factor is letting it down in terms of price hikes.

I mean it’s staked, being used in casino and yet ain’t getting anywhere near to its original pricing. I just hope that FUN will revive itself soon.

Will be better for the players, stakers and even casinos who are accepting FUN.

I mean why not? They have just made very good decision to change the hierarchy that’s being shown in the chart as mentioned in OP. The SEC has gone wild while making their decisions on the digital assets. I mean if you keep reading about the SEC directory then you will see they have declared every other crypto currency as security one after another and making it worse now with Bitcoin too. They are trying so hard to put down bitcoin too and keep trying to collect the bad evidences against it to make it look like as more of a security. I’m not sure how far this is going to be but it has to end now. This is why the decision by OHIO chair has taken is right on the path. Hope so they are taking appropriate steps in building proper infra if this really gets approved.

Define what is non crediting asset or currency is? I am not sure if I ever heard something like this about any currency which carries high value with as much as five figures. Now that’s mismatch and secondly I’m really not into comparing the Bitcoin and Gold because that discussion has been done thousands of times in this forum and everywhere over the internet. The only output I ever read is they are incomparable and has got no similarities in terms of asset. It starts with one being physical and second one being digital. There are more in the list but it’s vague anyways.

I barely think I have understood anything from the discussion above. Lolz.

First thing first, why would anyone want to add text like these. Is there any purpose behind this feature or it is jut something that is added because we can do it with the help of wallet feature?

Let us say I am transacting someone so its probably after discussion with them over a chat box or phone call and let us say some business I did with them. That would be my first line of communication. So why go through such complicated message addition if that can also screw up with the accidental money spending with this feature as discussed above?

I saw the message, and does it hide the bitcoin address if we add the message? Like in the above case all other transactions BTC address is visible but theirs is just replaced with message. Just to spread message or look cool or what importance it has?

First of all thank you for the great work you are doing with the wallet scrutiny, I just stumbled upon your thread while I was reading through this section. It is amazing how you started your journey since 2019 and have already sirupted lot of information about various wallets. I think CoinBase is now even worst at this point. The user base is has outgrown the previously published number which means there are more and more users who just want to use nice looking apps, with easy to handle request. I mean pick a wallet which is non custodial, they have basic UI, (though its advancing) people are not used to it somehow. May be they like to share their private keys with the custodial wallets. Sadly the number of such wallets is huge which makes us think there is such under education about the "Not your keys, not your bitcoin".


I am sure this is targeted attack only. They are just trying to take down the information and do not want to get hampered with their brand. This is what makes them afraid. Since you are openly stating the information about the custodial wallets they would lose the client base. Not sure how you are going to fight back but definitely under information acts this isn't illegal. Good luck.

Alright, got the technical point right after reading this one. I think this is the very reason blockchain and related resources were made open source in the first place. However soon after people saw investment opportunity and private companies started rolling in with their closed wallets. As charles stated we could never know what is behind the written code. I am always scared to download free apps which are associated with financial operations. There are many apps that could be leading to the phishing operation in the background. In the world of crypto space that’s even dangerous. This is mostly frightening for the newbie since they wouldn’t be understanding the wallets properly. There gotta be way to learn these things for sure.

There are still people who think renting is far better than just buying properties or real estate. However buying them has got a plus point in the long terms and that’s increasing valuation for those properties.  The value of land, house, shop, or basically any solid state property would always rise with the time because of the demand and supply circulation. Over the period of time population would grow exponentially and it will cause ultimately up surge in the demand of such properties. Take example of overly populated city with urbanisation. The cost of apartment, small suits or shops has got skyline prices. No one could afford it but those who had invested into it already would benefit from it. I think it’s far better to have possession of the property rather than just renting it out.