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2981  Bitcoin / Bitcoin Technical Support / Re: What is the default inbound and outbound connection timeout? on: November 24, 2020, 02:05:27 PM
From what I know the peers.dat file contains 1000 peers (by default) that your node can connect to. I dont think such time exists I think you might just drop in the rankings of some nodes (if they're favouring faster ping speeds first) but you won't be completely removed from the peers.dat until the node receives peers that are more favourable than you - and once your dropped if your connection is fast enough and you're fully synced your address will probably be propagated again quite fast.
2982  Economy / Economics / Re: More Banks maybe Closed and cryptocurrency exchangers are new way of banking on: November 24, 2020, 12:38:08 PM


To use stable coins its better.
And Central banks can forget about wasting their time resources and all kind of bs to create their own coins.


We have usdt usdc dai pax all kind of coins.
If they are not backed with nothing no problem I have solution :

We can count countries gbp-s
We can back them with Gold resrrves and energy.
Or oil once economy will re open fully.

So you see guys all is simple  I could solve all those problems in one Week what the  world leaders talk and talk... And Still no solutions!!

I start to ask what they been studying in uneversty?
They are slow and not Solution savvy.


Conclusion Now:

Stable coins and cash our new currency
Cryptocurrency exchangers our new banks



Electricity and oil are not stable assets and that has been proven.

I'd back them by trees and agriculture before backing them by oil...

Were back to the good luck drinking your oil when you're out of water...

A lot of exchanges are being run by banks or in a similar way. You've cut out a bank for a bank and it's pretty disapointing if this becomes the level of progression we see. The old banks can clearly just put a wig on and people will forget everything.
2983  Economy / Economics / Re: More Banks maybe Closed and cryptocurrency exchangers are new way of banking on: November 24, 2020, 12:06:24 PM
Binance would probably have to charge a lot of fees and adhere to a lot of regulations in order to do that. They might set up atms but it's already possible to use their cards to withdraw funds (it might be possible to deposit in some places too).

I haven't checked the market caps of stablecoins but dai and usdc seem a lot more trustworthy than usdt does as I think both of those are physically backed. Still eth fees were high earlier which requires resolving although I guess adoption of xlm would probably fix that.
2984  Bitcoin / Bitcoin Technical Support / Re: Stolen funds from Ledger Live? on: November 24, 2020, 10:59:41 AM
Hej

What did you do last time you logged in? Did you send a transaction out from your wallet or something?

Where did you source the ledger from? Did it come from the official site or a reseller? Some report say resellers often don't check wallets are of original quality before being returned (eg they might have a mnemonic someone else noted down).

Also how long have you had the ledger.

2985  Bitcoin / Bitcoin Technical Support / Re: Multisig issue on: November 23, 2020, 02:37:39 PM
Have you got the mnemonic or master private key of both?

You need to make 2 wallets, one with a xpub+mnemonic of one and one with the mnemonic+xpub of the other.

So make a wallet that's the opposite of the wallet you already have.
2986  Economy / Exchanges / Re: Missing TXIDs from 3 transfers just made on: November 23, 2020, 09:22:59 AM
Can you share the address you sent the funds to, we might be able to track it that way?

They mightve just been waiting to batch transactions or something. If you put it in right and used the official site then there's likely nothing to worry about.
2987  Bitcoin / Bitcoin Discussion / Re: Where do I start with bitcoin transactions? on: November 23, 2020, 08:17:34 AM
Buy it?

You're going to have to elaborate on this one.

Do you have bitcoin? Are you after somewhere to buy it? Are you after somewhere to earn it?
2988  Other / Beginners & Help / Re: Hello Everyone on: November 23, 2020, 08:14:21 AM
I've seen gaps in price on the bitmex index in the past when trading on there (but I don't anymore as it requires kyc) they stay open for long enough that it's probably possible to trade and potentially make funds from - the one I noticed was a difference between. Eth on coinbase and kucoin (I think).

I dunno about whether this sort of stuff is still around. I hear people actively doing analysis and research and making 60x+ returns but they spend a lot of time reading and it's normally for a team.
2989  Bitcoin / Legal / Re: Buying property with crypto on: November 23, 2020, 07:28:25 AM
Thanks for the response. Yes, I heard that rumour about CGT in the UK.

What I really want to know I suppose is IF a seller in the UK was willing to accept bitcoin/crypto as a currency for their property, would the UK government allow it and [then] how would the tax journey pan-out in comparison to the £? I mean, if somebody in the UK (or anywhere, I guess) accepts X amount of bitcoin for their property, does it save me any money in the long-run by paying for it with bitcoin when the tax man is George Orwell's nightmare vision for the 1980's?

The bottom-line, I suppose, is am I able to purchase property with cryptocurrency and how much money if any can I save by doing so?

Yeah you can use bitcoin just as you can fiat in the UK and wider Europe (the EU class it as a currency and I think the UK will continue to do that after/if we leave).

You'll probably have to go through similar aml regs and might need to prove how you got the funds but if you've got exchange transactions or something that'll probably be enough.

I don't know how it'd save money though?. Unless you're trying to speculate on an increase in market value.
2990  Other / Beginners & Help / Re: Quick Help Me about scammy exchange on: November 23, 2020, 01:11:52 AM
omfg I wanna die...
I'm such an idiot.

Well that turned dramatic...  But is recommend you just try and make it back some other way, or if you didn't need it, just ignore it and take it as a fee for the lesson to do a little more research in future to see if a site is  a scam...
2991  Other / Beginners & Help / Re: Quick Help Me about scammy exchange on: November 23, 2020, 12:39:27 AM
You can lie about your volume to coin market cap, they just use an api call afaik. But I'm still not sure of the sore is legit or not either way as a lot of exchanges lie.

I'd suggest trying to withdraw your tokens and just see how that goes to check if they're scam or not. Their order book could just be empty and its normally a good thing to check before you deposit.
2992  Economy / Economics / Re: [stocks] is there a good benchmark to compare yourself against for value invest? on: November 22, 2020, 08:45:33 PM
I wonder how you bought your stock during the crash.

I live in Europe where the stock market doesn't shut so the fed can prepare to pump it when it opens...

Yeah I had an investment in RDS.B but got bored because it wasn't moving in either direction and it also seemed more risky... It looked a bit like a rolls Royce stock who were close to going bankrupt themselves afaik.


Also come back next year when we're down 80% on everything and a whale crashes defi Dollar stablecoins to 80 cents a coin again and tell me stocks are foolish.
2993  Economy / Economics / Re: Is corona virus crisis changing economical equations around the world? on: November 21, 2020, 04:15:36 AM
Just like any other crisis. The least stable countries have their problems exacerbated when they're met with something they haven't dealt with before...

Enough countries have bounced back from rough term oil in the past (especially in parts of Europe) that I imagine most countries should be able to... The crash was always coming though. It shouldn't have been unexpected for governments to have to deal with.
2994  Bitcoin / Legal / Re: Buying property with crypto on: November 21, 2020, 01:56:14 AM
There are rumours the government may double cgt in the UK. At the moment:

If you make more than your personal allowance in income - you have to pay 20% cgt
if you make less than that in income you have to pay 10%

(I think it's based off income but not 100% sure).

You buying a house with bitcoin will depend on a buyer being willing to accept it. Its happened before afaik but might an unlikely goal to secure any property you want with it.

If you pick a solicitor right you can probably use bitcoin as a proof of funds but sales also take 6 weeks to go through so you likely won't get an optimal price to pay keeping your funds in bitcoin during that time (and bitcoin is less reversable and less traceable than fiat do there's a risk there too). 

Just try to keep enoughg % aside to cover the taxes.
2995  Economy / Economics / Re: [stocks] is there a good benchmark to compare yourself against for value invest? on: November 20, 2020, 08:16:44 PM
One problem I have with value investing is that fundamentally it assumes that you are right and everyone else is wrong.

Does it? I can't actually see that...

People invest for different reasons and in different things. A high growth fund would be based on stocks that have done well in the past and are expected to do well in the future (like technology stocks). These stocks may appear in the s&p500 and they may be invested in by other people too: retail and hedge funds.

Some stocks have a small market cap and some are lesser known (a lot of funds are directed at the US for example and at global companies). Whereas British/Scandinavian/German companies might not be looked at as much by investors with larger funds and a lot just like to invest raely in the stock market.

Being wrong and not finding what you want/wanting a faster or more stable return are two different things.


So two things, A) Check what the s&p 500 did or whatever index you are trading in, if you outperformed that it means you did very well, and B) check if you made over 10% return, that is the base in most cases for a "good" return, it is not shocking or anything but 10% return is lowest point for being good in stock market world, under that and you are not really that good.

Yeah I doubled the index return for the same time period so...

2996  Bitcoin / Bitcoin Technical Support / Re: Beginner question: persistent storage Tails on: November 20, 2020, 06:05:11 PM
Did you backup your wallet anywhere I think they were trying to say?

Also did you have a copy of your mnemonic phrase (random words).
2997  Other / Beginners & Help / Re: Reputable exchanges for a newbie to start with on: November 20, 2020, 12:25:42 PM
I've only ever used coinbase for buying and selling bitcoin via an actual exchange. Binance might also be an option (I see it advertised that both accept faster payments). Binance is good for altcoin acceptance too.

I'd say keep small amounts on an online wallet like electrum and larger amounts on your hardware.

What you want available or might want to spend now (1-10%) for example and keep the rest stored on hardware.

Make sure to keep your mnemonics in a safe place too!
2998  Other / Beginners & Help / Re: Joining a lot of small inputs & question about Wasabi/CoinJoins on: November 20, 2020, 11:16:12 AM
You light have to run a pruned bitcoin core node to get anything similar to a blockchain explorer imo.

Is the input consolidation time dependent? If not you might be able to just wait for mimblewimble to come out. Otherwise you light want to create packets of transactions and send them all to one address.

If you need complete privacy, you could use a service like chipmixer and dump 5-10 inputs together into one transaction.
2999  Other / Beginners & Help / Re: What are keys and which ones are "secret"? on: November 20, 2020, 03:18:34 AM
People get hacked if they:
1. Use a weak password on a Web wallet like coinbase
2. Download random unknown sources (but if this doesn't shout "hace me" anyway then I don't know what does...
3. Are prone to social engineering attacks.

Your mnemonic phrase is a recovery seed as a backup. Each word in the phrase is a number between 1 and 2048.

Your private key should NEVER be shared with untrusted entities and should be stored encrypted on online machines as well as your mnemonic.

Your public key and address may be shared but for security and privacy its recommended you don't reuse an address.

If you can imagine it as 2 different number elements

Think of your public key as A
Your private key is A.S (where both S and A.S are kept secret to protect S).
Your address is then a hash of A for a additional layer of security which at the moment is redundant but is in there in case either of the functions gets broken.

Think of a hash as taking a large number and finding its remainder: 5%2=1 but when just given 1 and 2 we don't know explicitly it was divided by 5 to get that remainder. This is similar to how hash functions work but they work on a larger scale (and their general function is different from this).
3000  Economy / Speculation / Re: Bitcoin got more room upside? on: November 20, 2020, 01:59:06 AM
I think we're near the start of 2017 now. Look at what it did then and look at tmwhat it's dojng now.

It's likely the FIRST jump and unlikely the last. We could probably see a drop or a cooldowm at least from here (or not if I'm wrong) but I don't think we're going to be massive bullish FOMO yet. Nothing's THAT crazy atm.
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