I am still not persuade that the 69K was the bull run, it reminds me more of the 2013 run up to 200$ then fall the run up later to 1K in late 2013.
it feels like the cycle is just longer .... and have been getting longer we are in a bull trap / short squeeze. I've had this kind of feeling in April. And the market has failed me. Now the numbers look more like crypto winter than bull run really and it lasts for a bit long too. A bit too long for "short squeeze"...
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and have back up stored on HDD's
With backups on HDD you may have issues with hackers or lost data, no with your family.... I dont think there is any fear if I am gone one day because I will tell my wife or kids about it before I go away and if bitcoin still exists by that time. Not hardship I see.
I'd advise you consider making sure your wife or somebody can actually understand how to access those funds... just in case some medical emergency is very expensive. Better safe than sorry...
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I've seen in the past years that no matter what indicators you're looking for, there's a very good chance that the reality will be based on one you've missed ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Since then I no longer try to find the bottom. It's too risky. but right now I'm most worried about how to survive the new heat wave that's sweeping Europe...
The heat wave looks bad indeed. It can easily make all European miners turn off because cooling may become too expensive or inefficient. Luckily it's not a significant hash rate...
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Hello,
I cannot verify the signature for electrum 4.2.2. Does anyone have the hash I can match?
Greetings
phelixn1
I am not sure what your problem is, please see this checklist. 1. This is a tutorial for verifying: https://bitcoinelectrum.com/how-to-verify-your-electrum-download/2. Make sure you verify the download, not the exe after install 3. The signatures are on https://electrum.org/#download in the signatures columns, download from there, make sure it's .asc file 4. On the same page on the upper area you can find "The current executables have been signed by ThomasV, SomberNight, Emzy.", you can download from there the signatures to import into Kleopatra. If you've done all this and still have problems, please elaborate.
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If there is something positive in everything, then it is that we have probably gotten rid of weak hands and that we may be at the beginning of a new cycle.
I think that there will always be some weak hands. Basically they will be here in each and every cycle. But I agree, at least if the history will repeat itself, we are not far from the end of the bear market. On the other hand, I agree with pooya87. The international finances look bad. And when people doesn't have money, they will not invest, even more, they will liquidate their investments. I hope that this will not make the bear market stay for longer than it should though.
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Binance was launched with great ideas and tech behind to fix bad issues on crypto exchanges in 2017 when I read history of Binance and Changpeng Zao. After 5 years, they are still here and still have creative ideas to change the industry. It helps them to beat competitors and get more customers.
Binance's "Funds are SAFU" was wow in their early days. Now they're quite a "monster" with tons of altcoins and shitcoins too, but I guess that it helps the business grow. The current no-fee thing also attracted all day traders, obviously. BUT: * they still handle BTC pretty oddly, from showing differently legacy and segwit (like there would be different chains) * they try to convince people use Binance chain for everything (no wonder though) * when the price go up very fast their servers tend to not handle well the load So they are good, but not perfect. By far. There are times when people were crazy with listing news from Coinbase. It is gone.
Furthermore, Coinbase is too strict with Know Your Customer that is most hated by crypto users. I know Binance started to require mandatory KYC recent weeks but Coinbase did it years ago.
Coinbase was always overrated imho. Coinbase is an American company hence it was greatly preferred by Americans. The more and more strict KYC goes on everywhere. Even Binance, who was "traveling" a lot in order to evade this requirement, now they comply. So KYC is no longer something new in the world of centralized exchanges; I don't think that this is what makes the difference Binance vs Coinbase. However, we'll see the truth when the 0-fees fiesta ends...
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Are you sure? Thanks anyways for the merit man.
Since the wallet doesn't work outside of US, I leave the spot to others. Thanks though.
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But how about cases where a family business accepts Bitcoin will we kick against this multi-sig as well. I know trust is most important in marriage and any relationship but will it be extended in business as well?
Business relationship is good as long as both parts have material benefits. Marriage is not business. Or it should not be ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Multisig in business? Yes, it can be! There's for example a use case where the funds can be spent only if all (n-of-n) or most (m-of-n [1]) business partners agree on that. [1] Here I mean m = 1 + floor(n/2), so m signatures consist a majority.
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The campaign manager doesn't have to endorse the business he is advertising. While indeed there are quite a number of red flags with that business, Gianluca's main job is to ensure the advertisers/users in the campaign will get paid correctly. Now, if the company indeed scams, if the campaign still continues, then there's a problem for Gianluca and the people wearing the signature.
in the past we have had signature campaigns launched by proven fraudsters. they regularly paid all campaign participants, no one is tagged for that. we are now condemning before the scam happened. somewhere in the essence, I myself advocate that it is better to prevent than to be sorry. but that's just my feeling, also as LoyceV thinks the scam is expected from Shaker finance. Again, I don't see Ginaluca's mistake even if he continued the campaign, given that he kept the funds for the campaign. btw. what will we do next with the other campaigns? most of those involved in these discussions are from the Bitcoin paid campaign but in the bounty section we have many campaigns, and we all know that the majority of them are scams. we follow them to a much lesser extent, so we are not committed some are led by the best and most recognized managers, but after a few weeks of the campaign, no one is interested in the fate of the business behind them. You should really have been quoting also the next line from my post. Without it.. it kinda sounds like you're trying to argue with me, .. telling exactly what I concluded with: unless anything proven, there's still the benefit of the doubt. And I also said that he should be careful with the funds. So I'd say we're on the same page.
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Multisig has many good uses, but imho using multisig for when I am dead means that I don't trust my family enough. So while I do care what happens with my coins after I am gone, I consider that the fact my family knows where I keep one of the seed backups is just fine. Why would I make it more complicated?!
How about cases of funds mismanagement or situation where a member of my family wants me dead just to have full custody of the coin. We live in an evil world where different things happen as we keep advancing. In as much as i trust my family member i think securing both my future and theirs should also be considered My wife uses my cards too, since she does most of the shopping while I'm working. So if she wants to "mismanage" funds, she already can ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) There's indeed an evil world, but ... maybe it's not as bad as in the news after all. I mean if one doesn't trust his wife, why would they stay under the same roof at all? As I said, keep it simple ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I don't know, maybe Bitcoin price would have to grow much much more to make me get paranoid also about my family. For now it's not the case.
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If the owner was dead then the account has changed hands, clearly. And people may find this out even if the death was not announced on the forum (e.g. writing style changes, difference in knowledge, habits, preferences...) If indeed the account is taken over by a member of his family, the forum may just give a neutral tag. In the other cases, I do expect somebody will paint it in red, since the new owner may have been hacking or buying the account then coming with a story to get away with this.
So I would not really count on it that a neutral feedback will be all that the account will get. It really depends on each and every one's judgement...
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Multisig has many good uses, but imho using multisig for when I am dead means that I don't trust my family enough. So while I do care what happens with my coins after I am gone, I consider that the fact my family knows where I keep one of the seed backups is just fine. Why would I make it more complicated?!
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When this site scams someone, which I think is quite likely to happen, will Gianluca95 take the fall for them and get tagged?
The campaign manager doesn't have to endorse the business he is advertising. While indeed there are quite a number of red flags with that business, Gianluca's main job is to ensure the advertisers/users in the campaign will get paid correctly. Now, if the company indeed scams, if the campaign still continues, then there's a problem for Gianluca and the people wearing the signature. Until then, like in any modern legal system, we may have to offer the benefit of the doubt... I understand market I'm in, 20 BTC is limit per mix not whole balance of the mixer
I think that it's in your interest to show a proof of funds if you indeed want to have a nice, proper and flourishing business. Until now, no matter how open minded I would be, I would avoid your mixer, just in case. If you don't care to show proof of being able to do what you claim, why would I risk using your business, when there is plenty of competition around? Just think...I've just read more into this topic, it's a lost cause, nevermind the last part. Indeed, Gianluca95 should think it over good (and at least make sure that all the required funds are in his or an escrow's hands before the week starts). The situation is not the same as Royse since Royse was part of the business (unfortunately for him), but this also has the potential to backfire.
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As a newbie one finds it difficult to know the right time to invest. I really want to know if I can actually invest into Bitcoin at this moment.
It depends solely on you, really. There's a saying that's always the right time to invest in Bitcoin. I would add though that you have to make sure you know what you're doing and you should not invest money you cannot afford to lose (or keep invested for longer than initially planned). The price is low now, but especially on short term it may go lower or may go up like crazy. (There are other possible scenarios too, also similarly likely!). I don't know. I usually recommend DCA - buy more smaller amounts in different days - but, again, it may be good or not. Bitcoin has a history of making the investments look great after 4 years, no matter how bad they look earlier. I hope it'll keep this performance ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Edit: keep in mind that all advises on this forum are ideas, not financial advises; you have to decide for yourself what you do with your money.
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Not that I care about trying it or buying this hardware wallet, but the app might be tricked into believing you are in the US with a quality US VPN. Unless, of course, you also have to undergo KYC before you can use it. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Sounds bad anyway you put it. The VPN solution is always there, but if that is necessary, then something is already wrong. Will the 12 word seed work also with Electrum without Arculus card (as it should)? Then I find it incredibly unsafe to show the seed on the smartphone app (am I mistaking?)
@ dkbit98 already gave a valid reason to stay away from this key card and their app [and @Pmalek provided a workaround], but to answer one of your questions, it seems that it'll work without the key card in Electrum... You just have to " set the derivation path to m/0". - I also consider the latter part of your comment as a design flaw.Yeah, both scenarios were bad already. That's why I was confused. But then, with the US limitation and closed source too (clearly, these two go together).. I don't see any usefulness of this device. Thanks though for the answer.
My dilemma was cleared, thank you all for the answers, I'll lock the topic now.
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Do people still buy clean accounts nowadays?! They have a big chance to get tagged sooner or later and will be useless on long term (well, except that scammers' signature campaign).
I don't think that the newbie cares whether the account is tagged or flagged, nor the potential buyers.
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19 - NeuroticFish
Thank you!
I will no longer participate to this raffle. Sorry OP. Can you please take me off the list?
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No, the Arculus Wallet app will only work within the US. Interesting find! I didn't expect it to be this bad.. I am surprised.. how on earth would they expect to ever get in profit with such a product?! Oh well... thanks.
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Good point, have included it.
Thank you. I've voted now. I don't think most will vote for this though, the sentiment remains very pessimistic at the moment it seems, so I imagine that'd still be the case if Bitcoin get's to $25K. On a side note this scenario would remind me of 2019 when Bitcoin pumped from $4K to $5K within a week; most people were still heavily pessimistic and therefore waiting for a pull-back to $4K levels that never occurred.
Not that I think the market conditions are the same as back then, as it was after months of consolidation at the lows as well as other factors, but just as a reference of how when Bitcoin breaks bear market trends or structures most people still don't trust the price movements. I think this is part of the "disbelief" stage of bull market cycles, that of failing to have faith that a bottom has been formed.
It's hard to tell whether the bottom is in or not yet. Imho that can be known only after the bottom "region" is behind us. Newcomers are always pessimistic in crypto winter. And I find that normal. I hope that this will be behind us before Christmas. If it won't, then you will see pessimism ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Also, I find the questions a bit difficult, so I expect you don't get too many answers either.
True, not expecting lots of answers either. But still curious to hear what people think even if it is "no clue" or otherwise... Easier questions would have gotten you more answers. However, good luck! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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