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3001  Bitcoin / Wallet software / Re: Twitter dude lost access to his bitcoin using his weird(?) setup on: August 01, 2022, 04:06:44 AM
My vote goes for bad passphrase.
There is no such thing as a bad passphrase.
it would just create new empty unused wallet with that soil.
PIN or password is a different story.

Bad passphrase as not 100% identical passphrase like the one set at the creation of the original wallet.
Better?

Something that has just occurred to me is that electrum may trim non-printable characters (was the original wallet created with electrum?)
3002  Other / Off-topic / Re: Computer and Phone Security Questions on: July 31, 2022, 08:51:34 PM
4. Seriously, just buy a hardware wallet.

The thing is.. OP does have a HW. But he has a habit of coming with overly newbish questions... on everything he touches.

My question now is... is my windows pc still safe or not?

If you have doubts, you have 2 options:
1. Go to a web page like Best antivirus rescue disks of 2022, pick one, download, burn to CD/DVD and boot from it. Let it update, let it clean whatever it finds (with a big remark that most do find false positives too) and then there's a very good chance you're OK (even if maybe it did find and cleaned unwanted stuff on your windows)
2. Get your computer to professionals to check it (with the risk they'll find out things you may not want to be found)



Some partly off-topic advises:
* if you are this scared because you have a significant amount of BTC on your Ledger, maybe you ask more about how to keep most of that money separately offline so you can sleep better
* if you have questions, it may be a good idea to keep it short. In this case Chromebook is one thing with one way of handling, Android is different, Windows is also different. So you may get mostly partial answers and a great mess in the thread.
3003  Economy / Speculation / Re: Is the bottom in for BTC? on: July 31, 2022, 07:40:45 PM
I am not 100% sure. This could be the bottom i.e at $20k - $22k or there could be one final capitulation to $13k for the final bottom.

Usually, BTC bottom is a drop down to 84% but again we have more awareness and adoption. From now on the drops might be smaller.

What do you guys think? Go with your gut

Your poll misses "I don't know". That's what I'd go with.
We may not go under 20k, we may go to 13k or maybe even 8-9k. Time will tell. Also in time we will know where was the bottom for this bear market.

If you find somebody who has a crystal ball, maybe you can can get better answers. I don't have one, so I wend for honest answer.

declared that the worst is over, however, how can we trust the words of someone who has a tattoo of Luna on his left arm?

 Grin Grin Grin good one!
Indeed, prediction is worthless, stop listening to all these personalities, they are just as clueless like everybody!
3004  Economy / Scam Accusations / Re: Loan Defaulted [anog] on: July 31, 2022, 07:26:57 PM
Meaning that you will now ask him to return 0.21 ETH or its equivalent on the date of the loan?

I guess that the first step would be a - any - communication get (re) established between the two parties.
Until then, this doesn't matter, sorry.
3005  Bitcoin / Bitcoin Discussion / Re: Let's have a realistic debate about the highest price of BTC on: July 31, 2022, 07:16:13 PM
so just run the math on mining costs and you have the answer

From what I understand OP wants a prediction for the future price .. no matter how far that future is?
If so, we cannot really predict how energy price will evolve, how the semiconductors and ASICs will evolve... hence, while your logic can be okay for short term, it cannot have enough data for way in the future.

Is there a price that BTC is limited to?

It's very hard to tell. I've seen answer that fiat is unlimited. That's correct, we don't know where inflation can get us. But I don't think that a huge percent of world fiat will ever get locked into Bitcoin, since if that would happen, world fiat would simply get replaced with bitcoin (and that would be one step farther than backing fiat with bitcoin).


So, like some memes show, at the point bitcoin would get to worth a huge amount of money, there may be that there will no longer be that kind of money.
3006  Bitcoin / Wallet software / Re: Twitter dude lost access to his bitcoin using his weird(?) setup on: July 31, 2022, 06:56:27 PM
True, but the guy in question here runs a bitcoin podcast and has 11k Twitter followers. He has recently interviewed people like Peter Todd and Pavol Rusnak (co-founder of Trezor). And yet still he seems to have failed in basic bitcoin 101 of making and checking a back up, and has potentially lost his coins. How can we expect newbies to do any better when crypto "influencers" (God I hate that word) who have spent thousands of hours immersed in all things cryptocurrency don't understand the basics and are teaching bad practices. He does seem to be sponsored by a custodial wallet/centralized exchange and an anti-privacy wallet though, so make of that what you will.

So the guy has made a nice business. Very smart of him.
Unfortunately, as seen even on this very forum, even high ranked people may have no idea about certain basic topics or may be completely wrong. That's why the first thing people have to learn is to cross-check every "information" they get. (Since I have kids I got to the point I need to do this even with medics!).

Your hardware device doesn't encrypt your wallet - it is the wallet.

We know this. And I thought it's already clear that this guy has no idea Wink

It sounds like he doesn't understand what a passphrase is or does. You can't just change it or remove it and expect to still access the same wallet.

Many think that passphrase is an encryption password for the seed. It's a bit confusing, since the word passphrase is also user for multi-word passwords.
And since it's clear that this guy took "shortcuts" instead of reading and understanding what he's doing, ... I'm not that much surprised by the confusion (!).

Yeah; BitBox does offer an 'easy' backup through an encrypted file on a microSD card, but you absolutely should also do a regular seed word backup.

Yep, I've read about that somewhere. But I find it more a confusing feature than a helpful one.
As must as we hate Ledger for their mistakes, at least they've kept the things simple so the average Joe cannot make mistakes too easy.
3007  Bitcoin / Wallet software / Re: Twitter dude lost access to his bitcoin using his weird(?) setup on: July 31, 2022, 12:45:06 PM
And yes, he has failed at the most basic task of ensuring he has a working back up.

I guess that we will have to insist more and more in telling people to verify the backups / restore options for their hardware wallets. People don't understand what they're doing and make mistakes. I expect to see problems more often, since most people just start using hardware wallets.



This means he either has the wrong passphrase or the wrong derivation path.

My vote goes for bad passphrase. Maybe an enter or space at the end; maybe upper case problem? I hope he can recover his funds.
3008  Economy / Economics / Re: Why is crypto going up after the news of being in a recession? on: July 31, 2022, 12:38:05 PM
I find it a bit odd that the market is pumping on the news of a recession.

I find it odd you call this pumping. Just put the charts on one-day mode and see what "pump for ants" we had.
And imho it's unrelated to the news about recession. It could be related to the news about stocks ending a good month. It could be related to the fact people start to buy, expecting the bear market to end. But again, it's just a move in the usual range, I don't see any big fuss in it.
3009  Other / Beginners & Help / Re: Splitting UTXOs in low fee environments on: July 31, 2022, 12:32:23 PM
They can't be sure, but they can be pretty confident.

[~snip~]

So, I seriously doubt that simple splitting of coins would fool anyone who is determined to find a connection.

In most cases shading the smallest doubt can be enough. Not everybody is knowledgeable in bitcoin and every step / send away / more split can help the user tell "I only received that" (as LoyceV said) and be believed. You give too much credit to what can be done and how many do that really good.

However, I have a feeling that the user might be trying to research & attempt some sort of "mixing by hand" for some of his coins, but I certainly don't recommend that. A mixer does that job much better.
3010  Bitcoin / Bitcoin Technical Support / Re: Recover btc old pc - Unistalled Client back in 2010 on: July 29, 2022, 09:06:31 PM
Unistalling the bitcoin client (which means i have no bitcoin folder inside appdata folder) makes the whole recovery process impossible?

No. But the fact you've used that PC for so many years can easily mean that the removed data was also overwritten, hence it has become unrecoverable forever.

I tried hexworkshop and searched for the "magic bytes" but couldnt find anything.

In theory, if the disk was re-partitioned (for example for fresh Win10), there may be areas now used by other partitions, for example, that could have useful data. But I am not a specialist and I may be wrong (and scammers can pretend to be specialists and give you false hopes in order to try to scam you, so be overly careful and keep your expectations low).


------------
Something more: I've seen in your post history that in 2017 you were interested in an altcoin. Please also make sure you're not mixing up things, since I don't think that the altcoin worth the effort.
3011  Local / Minerit / Re: Se merita achizitionarea uni miner Antminer S9i 14 THs Minat in 2022 on: July 29, 2022, 08:39:58 PM
"merita in 2022 sa incep cu unul singur" : ce vrei sa zici exact ?

Din ce intelesesem eu, omul vrea sa incepe cu 1 antminer si dupa ce ajunge cu el pe profit si vede cum merge treaba, eventual cumpara mai multi.

Dar la cum evolueaza pretul la curent.. nu arata bine deloc... Cifrele deja arata pierdere, nu ROI din prima luna...
3012  Economy / Economics / Re: More investment in Tokamaks and hot fusion is required on: July 29, 2022, 08:34:41 PM
The future of nuclear reactors are the small module reactors. Not that I'm any kind of expert in nuclear energy. Grin

Although I agree that they can be a good step forward for now, there are a few topics here that worth mentioning:
1. Many people (and nations!) are afraid of nuclear power. From what I've read, that's one of the reasons Germany is closing them.
2. Even small reactors do produce nuclear waste, which is problematic to be disposed (and I'm saying it overly nice).
3. Nuclear fusion should give more power for longer time with virtually no waste at all, so it would be huge leap forward; it would make any fission based power plants "instantly" obsolete.

Thermonuclear reactors operate in a different way, which makes them easier to shut down and most importantly, they don't need Uranium-235.

I know. I didn't make confusion, I don't talk about that kind of bombs. But a sudden release of a huge amount of pressure is... a bomb.
3013  Other / Meta / Re: Spam reserved post, edit later to hit post quota is back on: July 29, 2022, 08:26:18 PM
I see that working for a while until these spammers realize what kind of keywords get their posts deleted and they simply change it up a bit. "Reserved" becomes "Rezerved" or "R e s e r v e d", etc.

Yep, the rules will need to be adjusted every now and then. A silly cat and mouse "game", but I don't see better option.

Theymos could add a minimum character requirement for anyone that isn't the OP. That way, If I wanted to post a single word, I wouldn't be able to. But even that would be abused. Instead of one meaningless word, they will pair it with a few more and job done.   

As soon as they know what's the rule, they can abuse it...


On the other hand, the fact they find out the rules can mean that they've read the forum (i.e. one step forward). Of course, there can be that only their "master" have read the forum and the "puppets" only follow its rules.
3014  Bitcoin / Bitcoin Discussion / Re: Most BTC you've spent on something? on: July 28, 2022, 12:47:46 PM
February 2017: bought an average laptop, it has worth some 600 USD back then.
I don't have the tx id to look up the exact BTC value, it was some 1100 USD/BTC plus the payment processor was charging some 7-8% fee too.
So yeah, more than half of a bitcoin paid. I tell my wife now and then that the laptop worth as much as a new car Cheesy (yeah, a cheaper one now, in crypto winter)
3015  Other / Archival / Re: Fundamental of Blockchain on: July 28, 2022, 12:19:37 PM
telling a guy to "go away your wrong" has become the development community mantra and motto.

If somebody posts like this, it will be seen as a tutorial by the newbies, hence I was one of those telling to consider deletion.
I've seen too many newbies trying lately to come, some with poorly made tutorials, trying to fish for merits. Yet, you seem to have missed those.

On the other hand, if you're indeed right and was a question for reviewing, then OP could have really written 4 simple words: "can you please review?"

and not all required to have a rule on fee's

That's one of the mistakes I've seen. Blockchain is a database. Talking there about fees looks to me like confusion (i.e. confusing blockchain with whatever coin)
3016  Bitcoin / Bitcoin Discussion / Re: When you check the market after 4 months! on: July 28, 2022, 11:22:58 AM
When you check the market after 4 months

Sorry, I don't find it funny, since people did lose money there.
Of course, it's about people who didn't zoom out to see the big picture, have looked only at the last couple of months, got scared and said "f**k this s**t".

Keep in mind that there are bears that get profit and people with bearish sentiment who lose money.
3017  Bitcoin / Bitcoin Discussion / Re: If Satoshi is not dead, what is he doing? on: July 28, 2022, 11:17:32 AM
I have in my mind 3 scenarios, of which 2 are bad and one is good.

1. He's in a prison (or worse) for whatever idiocy the agencies could set up, if they've caught him.
2. He's ill. Maybe had a stroke or an accident and doesn't remember much.
3. He has bought some bitcoin at under 1$ a piece long ago and now he's busy drinking margaritas. Maybe he even reads this forum now and then and smiling on us.
3018  Economy / Speculation / Re: Industry experts believes BTC is primed to hit $106,000 on: July 28, 2022, 11:11:46 AM
There is a new report notes that Bitcoin will cross the $100k in 3yrs time by industry experts.
  The Fintech firm which consists of 53 industry experts noted that investors should expect BTC to soar to $106,757 by the end of 2025 -468% of it's current price of $21,795 as at press time.
   The panel thinks that BTC might sink to $13000 this year due to newer market realities influenced by the crypto winter, current issues and down turn of other part of the economy.

Almost everybody can make this kind of predictions, without calling himself expert.
Even more, predictions are worthless, since there's no harm at all if they don't come true, especially if it's predictions spanning for longer period of time, so people get to forget.

Both falling under 15k in the near future and getting over 100k after halving are rather common topics/expectations on this forum.

The panel also said that BTC will likely reach a maximum price of $35000 before the end of this year.

This is, on the other hand, an interesting prediction, since not that many are bold enough to make predictions for the end of the year (they can easily get it wrong and it's not far enough to get forgotten). We'll see.. Wink


PS. This topic is more suitable for Speculation than B&H.
3019  Bitcoin / Bitcoin Discussion / Re: Can Stolen Bitcoin Be Recovered on: July 28, 2022, 10:58:27 AM
However, he claimed that the bitcoin was returned after he emailed a recovery expert with contact address

Actually those testimonials are most probably all fake and one will be scammed again paying for a service that cannot do anything.

1. Bitcoin transactions are irreversible.
2. Bitcoin is pseudo-anonymous, hence if somebody knows what he's doing, the stolen coins won't ever be linked to his identity.
3. If, by chance, the thieve makes a mistake, he has to also send his funds to a centralized exchange (which may or may not happen, or, even if it happens, it may happen only after many years), and the exchange will move a finger only if a proper warrant will be shown to them, which  is not easy to obtain.

So this kind of "experts" will most likely get some fat money deposits from you, may fill you with promises and .. will do nothing.
3020  Other / Archival / Re: Fundamental of Blockchain on: July 28, 2022, 10:38:50 AM

This is the kind of post for which negative merit should exist.
A lot of big images... telling crap.
OP, please consider removing this topic. Really.
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