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2881  Bitcoin / Bitcoin Discussion / Re: Why can't I re-use a Paper Wallet on: December 14, 2020, 07:25:58 PM
So the problem here is when I scan the private key? It would mean that the people who provide these QR Code scanners have malicious intentions and claim my Private Key if they log data? I'm not sure why these scanner services are all malicious, considering that blockchain.com is the platform I use to redeem Paper Wallets. Or is the danger that someone could take a picture of the QR code when I scan it?

The riskiest part in security with most things is tasks that are being handled in memory. If another rogram is sniffing your ram drives for certain packets of information or triggers as a certain process is run.

Some wallets are more secure than others. Blockchain.com could be hacked or something or information anywhere could be breached. To avoid a breach you'd have to be pretty certain your machine hasn't been hacked and the qr code scanner you're using hasn't turned malicious. It's safer just to not risk it and make a new wallet.
2882  Economy / Economics / Re: ...And the good news keeps on coming... on: December 14, 2020, 07:21:35 PM
From what I’ve read, PII is precisely what they’ve gotten in to, and Treasury really doesn’t want to admit it.  As far as their involvement with crypto exchanges, the whole thing has the aroma of IRS about it.  Call me jaded, but every time government wants oversight of something involving money, my ears go up like a jackrabbit.

Well if they're putting pii online then they probably don't have knowledge to bring prosecutions if/when they do get more information from exchanges and other places.

Not to mention that leaked information is less prosecutible against for additional reasons.
2883  Bitcoin / Bitcoin Discussion / Re: Why can't I re-use a Paper Wallet on: December 14, 2020, 06:39:41 PM
Yeah. Under the assumption every device is compromised or compromisable. The risky part of paper wallets is importing/sweeping the private key. So it's desirable to spend all the funds and get rid of that paper (you can spend some funds to another unused paper though).
2884  Economy / Economics / Re: ...And the good news keeps on coming... on: December 14, 2020, 06:36:30 PM
Anything connected to the Internet can be hacked.

Dunno what information has been breached from what you've seen but correct storage of information (eg not putting pii online) is something governments should really be following.
2885  Other / Meta / Re: Merit Source. Negative trust. (Ratimov) on: December 14, 2020, 03:25:39 PM
Have you made a point here and I've just missed it?

If you want him considered for removal, it's not a community decision and the community can't do it (Theymos can - and if he deems it fit: will).
2886  Economy / Exchanges / Re: Binance.com: buying Crypto with cash balance - 2 ways, what's the difference? on: December 14, 2020, 12:55:10 PM
Thanks for your answer! However, the "simple" option is only for using your existing cash balance on your Binance account (i.e.your account is already funded via transfer/CC). There are other dedicated interfaces for using CC etc. to buy crypto.
The only perceivable difference is the €10k limit, hence my question whether this "simple" interface is just executing a spot order in the background, or if this is using different underlying mechanics (with different prices/fees). I must say, coming from Coinbase and Kraken, that Binance can be quite confusing.

I came to binance when it was just like other exchanges with altcoin trading. I think they've lost that simplicity in trying to add so many options and there are at least a couple of gui bugs that add easy to spot in places.

The €10k is probably to prevent any sort of major slippage in the market so a gap isn't produced (eg someone did a market sell of a few million $ on coinbase and crashed the price).. .
2887  Other / Off-topic / Re: Betting on Horse Racing, Ethical or no ? on: December 14, 2020, 03:25:02 AM
PETA is not a credible group to look out for when it comes to animal rights, they euthanize shelter dogs remember that.


Yeah I'm sure it's like 80-95% of animals too it's quite sad...

Humans are enjoying blood sport like boxing so what seems to be the problem for horses racing on track, I do not get their point because the former seems more unethical in my opinion.

The human talks and consents to being there. The horse can't, assumed consent can count as consent of you can determine its sentiment though - just because something can't talk doesn't mean you can't determine their emotion.
2888  Economy / Exchanges / Re: Binance.com: buying Crypto with cash balance - 2 ways, what's the difference? on: December 14, 2020, 03:04:05 AM
Ones the market and one is an easier to use screen imo.

The one that isn't the market and looks more simplistic probanly allows you to credit with a debit card and use other easier services while the other will require you to do a direct deposit transfer from a bank account.

Based on other exchanges the market/more complex one is normally cheaper but it'll depend on the payment method and a few other things imo as they might charge different fees and rates (such as the company your card is with and the fees they charge, along with the currency your bank is using/whether it one of them needs to exchange eg króna to euro)
2889  Other / Off-topic / Re: Betting on Horse Racing, Ethical or no ? on: December 14, 2020, 02:53:28 AM
I don't know on how much I trust information from peta anymore but I do think that horse sports like racing and dressage include fairly cruel practices at their core for quite a few trainers.

I know they used to (and probably do still) "destroy" horses at track side when they break a limb in the UK rather than giving them to time it takes for the injury to heal (presumably because they'd have to retire them anyway).

The main dietary requirement of horses from my own research was mostly grass also so they wouldn't be too hard just to keep on once they retire so it's quite confusing why they go off to slaughter when a "grass cutter" still seems to be a saught after job - if it is that grass they can eat. But if the owner of the house is trying to breed them they might not want to give them away for free - apparently farmers in the UK routinely throw away producs that don't sell as well to keep their profits up...

I think the horse racing sport has come quite a distance though as it is getting some regulations and light drawn on a negative normally leads to a gap fill at some point if enough people care. You can see horses trying to go round on their own even without a jockey so they would probably do that anyway (the trainer and jockey are probably the liabilities tbh I've seen a horse win without a jockey - it was quite a while ago).
2890  Economy / Speculation / Re: Loan backed market pump? on: December 13, 2020, 11:04:55 PM
Agreed. It appears that it is slowly being accepted to create bitcoin as something similar to ponzi schemes where investors put money in a hole of a black box and more money comes out from the other hole hehehe.

This ignores something though...

I can sit with my bitcoin and always keep hold of those bitcoins. People who leverage their bitcoins to get triple risk or reward on those coins. Their ability to do it and makes a profit also relies on others to come along and start doing the same thing throughout the cycle...
2891  Other / Beginners & Help / Re: [question] Password protected qr codes with sensitive info on: December 12, 2020, 11:36:20 AM

Isn't this what bip39 was for?
I think you mean BIP-38

BIP 39 also have optional passphrase option (usually as 13/25th word), even though i think it require large QR code.

It probably depends on how you store it and how big the encryption text is.

A stardard 12 word seed could take up less space if encoded in base58 imo as that is 128 bits and a private key is normally below 256 bits. If you had a 12 word passphrase, you'd still take up the same space as a private key (this is assuming you convert the words to numbers and remember what it's for - or leave a note). 
2892  Other / Beginners & Help / Re: How do we get the "Bitcoin Expert" or "Bitcoin Core dev" badge? on: December 11, 2020, 10:17:56 PM
They are admin commendations. They're normally for people who've developed on core itself - normally verifiable from https://github.com/bitcoin/bitcoin/graphs/contributors afaik.

I think the expert title was probably for people who have programmed with bitcoin but haven't directly worked on core (but am not certain).
2893  Other / Serious discussion / Re: i seriously want to sue major CEX for missoperation of client funds on: December 11, 2020, 08:28:47 PM
I'd just keep up persistence. I did something similar with another exchange and sent another email every so often until I was put though to an engineer to resolve it.

As long as you're polite with them they should be able to resolve it....

Why are you calling them craken though? You didn't use the wrong website?
2894  Bitcoin / Bitcoin Discussion / Re: Not your Keys not your btc on: December 11, 2020, 02:17:09 PM
What exchanges do you know that charge a % on fees rather than a flat fee (I haven't seen this). 
HitBTC charges 0.25% as taker's fee while 0.01 for maker as makers fee. Binance charges 0.1% as trading fee. This is how custodial exchanges operate but their withdrawal fee are constant.

Ahhh oops I thought you were just talking about withdrawals nvm...
2895  Bitcoin / Bitcoin Discussion / Re: What do we think about S2F models? on: December 11, 2020, 02:07:34 PM
Bitcoin hasn't seen much adoption yet though. It's still a fairly new thing.

The competition makes bitcoin valuable and it's name - a lot of people know what it is and just haven't invested, what if some of them take a punt when the charts look like they're going up?

Xrp used to have two chains and they seemed to be putting more effort in the one they were selling off the banks and left the other where it was for a while at least... Most banks who started using xrp had declared they've moved to eth too.


Ultimately the currency with the best features, the best security and the best community will win. We just have to wait to find out who that is... it'll become obvious to people in the crypto space long before it becomes obvious to the public imo.
2896  Bitcoin / Bitcoin Discussion / Re: Not your Keys not your btc on: December 11, 2020, 01:54:40 PM
@OP you're describing a system in which exchanges inflate the order books and sell coins they don't have. Your whole post looks to be in support of exchange driven inflation - which I'm also pretty sure is or should be a crime if not stated in their ToS and even if it is it'd probably lead to them being shut down.

If this was your sentiment and you don't think all orders are posted by genuine users then you've also implied you need to move your coins off an exchange yourself.

Reason the people hold btc in exchangers is becouse if they want to exchange to fiat coins like usdt stable coins then its fastest and with lowest fee way
Trading on custodial exchanges can be most flexible and fastest but not with the lowest fees. Custodial exchanges do charges in percentage, while noncustodial exchanges only charge mining fees. So, if you want to exchange low amount of bitcoin can lead to high mining fee on noncustodial exchanges while the fee will be low on custodial exchanges which can be 0.1% to 0.2% on custodial exchanges. But if the amount of bitcoin to exchange if high, the mining fee only will still be charged on noncustodial exchanges while custodial exchange will charge in percentage which will increase the fee and making it higher than that of noncustodial exchanges. So, it depends.


What exchanges do you know that charge a % on fees rather than a flat fee (I haven't seen this). 
2897  Economy / Speculation / Re: So contrary to the Cult of Hodl, apparently at highs, people don't hold? on: December 11, 2020, 12:23:55 PM
Someone's going to sell the top and someone's going to sell the bottom.

I assume the metric is just coins moving? If so $20Bn sounds quite optimistic for bitcoin throughput... Most healthy traders/investors might preset targets at which to sell and some might have bought in Dec 2017 and are waiting to profit (less likely especially with $20bn but a few M mightve been held until people woke up to the ath being passed).
2898  Other / Meta / Re: I am getting a HTTP ERROR 403 when typing a certain sub-forum in the browser on: December 11, 2020, 12:13:20 PM
I can't reproduce it, are you still getting it or is it fixed now?

Mightve just been a server/Browser cache issue or something.
2899  Other / Beginners & Help / Re: [question] Password protected qr codes with sensitive info on: December 11, 2020, 04:41:30 AM
Isn't this what bip38 was for? Anything password protected is as strong as the password and your ability to recall it.

If you've got a good password and can recall it well/know where it's written then yes - also you light want to note down the algorithm used to encrypt it as it might not be a cross platform thing - although bip38 ciphertext is represented by an initial U. .
2900  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Major Social Media Companies on: December 11, 2020, 03:24:51 AM
Yeah a bunch of scammer used to put ads up for crypto everywhere and Facebook habe been proactive in trying to stop it.

If you look at anything cryptocurrency related on anything Google owns (Google search, YouTube) especially if you vpn through the UK you'll see there are A LOT of scams out there - even just googling anything stock related.
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