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3221  Bitcoin / Development & Technical Discussion / Re: Confused about 2x and the 1:1 coin ownership after fork on: October 26, 2017, 08:53:30 AM
Im sorry as im sure this is answered but the more I read, the more confused I get with terms about splitting and replay tx's etc.

Can somebody help me understand the specific point of holding 1 btc and then having 1 btc and 1 btc2x after fork?

I understand that if I have 1 btc now and hold private key cold storage and dont transact for a few days around fork time.

But what I dont get is where the 1 btc2x is generated from?  Its not a new coin so its not pre-mined, right?

Is it basically down to me choosing to spend either the 1 btc or the 1 btc2x but not having ability to spend both of them?  This would seem to explain alot of the holes I think i have in my understanding.

After the fork, dont they have to become two seperate chains moving forward thus becoming a new altcoin?  Or am I missing something here that somehow wont turn btc2x and btc into 2 chains with 2 coin types after the fork happens?  Miners will be generating rewards on two chains causing generation of new coins on a new chain so i dont see how it would not be an altcoin after the fork occurs.

Is there a huge money risk here for a long-term btc holder that doesnt intend to stop holding?  I think the answer is no, not any more than usual volatile/high-risk of cryptocurrency.  Am I correct that I dont need to make a decision on my favored fork if Im just a long-term holder?  If some of my above understanding is right about the 1:1 coin holding then i think I simply would hold all my btc / btc2x and in 20 years, i could cashout one or the other from my 1 coin example (but not both).  Theres no decision timeline I need to worry about, right?

You're asking a lot of questions here... I'll try to answer a couple of them, but i'd suggest you try to read up on the concept of hard forks and soft forks.
Basically, during a hard fork, part of the network starts to use incompatible consensus rules that are enforced starting at a certain block height.

In other words: up untill block x, both sides of the fork have exactly the same data in their public ledger, simply because part of the network chose to follow different rules starting at block x.
This means that, if you have an unspent output that funds an address controlled by your wallet, and the funding transaction is confirmed before block height x, the transaction is included in a block before the hardfork. This means that after block height x (after the hardfork), the unspent output is spendable on BOTH sides of the fork.

In other words: if you have 1 BTC pre-hardfork, you'll have 1 BTC and 1 alt-BTC you can BOTH spend post-fork.

However, if the group of people that caused the hardfork didn't implement replay protection, a transaction spending a pre-fork unspent output on one chain, can be replayed on the forked chain... There are ways around this problem, but that's a completely different question.
3222  Bitcoin / Bitcoin Discussion / Re: 21million btc on: October 26, 2017, 08:45:30 AM
and who what will be if there no moe block reward ? who will mine ?  Huh , I'm curious about this one  Grin

There are dozens of threads detailing what will happen then. Just use the search function:
https://cse.google.com/cse?cx=016660200577587308545%3Aesf40ml9aag&ie=UTF-8&q=after+all+bitcoin+mined&sa=Google+search#gsc.tab=0&gsc.q=after%20all%20bitcoin%20mined&gsc.page=1
3223  Bitcoin / Bitcoin Discussion / Re: 21million btc on: October 26, 2017, 08:39:31 AM
see it here : https://blockchain.info/charts/total-bitcoins

Yesterday, there are 16,646,863 BTC out of a total 21,000,000 BTC.

Actually, it's not 100% true that in the end there will be 21 million BTC in circulation:
https://en.bitcoin.it/wiki/Controlled_supply

Look at the table in the link i posted:
by block 6930000, the block reward will be 0.00000000, at this point,    20999999.97690000 BTC will be brought into circulation.
3224  Bitcoin / Bitcoin Discussion / Re: Bitcoin Delay? on: October 26, 2017, 08:32:33 AM
often make transactions but I have never experienced a delay, maybe it's an issue for a bitcoin transaction for bitcoin users to experience a bit of panic, or maybe there is a system interruption, but until now I have never experienced it.

Bitcoin is decentralised... There are no system interruptions.
If a node goes down, it doesn't matter, dozens of other people are still running full nodes
If a miner goes down, even a big one, worst case scenario there is a 10% hashrate drop, so it the average time between two blocks would be 660 seconds instead of 600 seconds untill the next diff retarget.
3225  Bitcoin / Bitcoin Discussion / Re: Bitcoin Delay? on: October 26, 2017, 06:30:32 AM
Hmmm. don't you think that it depends on the selected fee? In coins.ph the higher the fee, the faster the transactions. I don't know how that works in your country.

Bitcoin isn't bound by country borders... A transaction is always broadcasted troughout the network of nodes in a matter of seconds (unless there is something wrong with the transaction, like double spent inputs, dust outputs, a fee that is so low the tx gets rejected by some nodes,...). Wether or not the broadcasted transaction ends up in a block in a  reasonable timeframe depends on the fee.
3226  Bitcoin / Bitcoin Discussion / Re: Bitcoin Delay? on: October 26, 2017, 05:58:47 AM
Hi..
I would like to ask if there is really a delay of transaction this days? Because some were making excuses for payment now, they said that transaction really delay.

A transaction is alway broadcasted in a matter of seconds... It's possible the transaction remains unconfirmed for a while if the sender cheaped out on the fees.

At this moment, the recommanded fee to have a 95% chance of getting into the next 3 blocks is 110 sat/byte. This is still reasonable. It has been lower, but it certainly has been higher: https://bitcoinfees.21.co/

In other words: the people making excuses saying that there is a transaction delay are not telling the truth... If they need to fund one of your addresses, they can do so in a matter of seconds, and if they didn't cheap out on the fee, their transactions will be confirmed in less than 30 minutes (on average).
3227  Bitcoin / Electrum / Re: Accidentley sent Bitcoin Cash to Electrum Bitcoin Wallet on: October 25, 2017, 12:00:32 PM
Export the private key corresponding to the funded address from your BTC-electrum
import this private key into a bitcoin cash wallet (depening on the wallet, a rescan might be needed)

Mark the BTC address in electrum as compromised, never use it again. It might even be wise to empty the BTC-electrum wallet and stop using it.

EDIT: i forgot: before exporting the private key for the deposit address from electrum, make sure there are no unspent outputs on the bitcoin network funding this address... If there are, it might be wise to spend these outputs on the bitcoin network before exporting the private key from electrum and importing it in an bitcoincash wallet... Bitcoincash wallets seem to be pretty secure, so the chance of them exposing the private keey are minimal, but it's better to be safe than sorry!

let me see that I understand :
1. In Electrum wallet : Wallet ->Private keys - > export
2. save the exported file on my desktop.
3. download a different wallet (BTC.com ? BU Bitcoin Cash Client?)?
4. import the whole keys to the new wallet ?
5. In Electrum wallet : Addresses->Right click -> Freeze

Am I right ? Am I missing something ?

Thank you !!!


Allmost
1: in electrum wallet -> view -> show coins
2: open coins tab
3: check if deposit address has unspent outputs (coins)
4: if true, ctrl-click on the unspent outputs, select them all -> right click -> spend (fund an address generated by a new, clean, encrypted wallet). If false skip to step 6
5: wait untill tx from step 4 is confirmed
6: In Electrum wallet : Wallet ->Private keys - > export
7: save the exported file on my desktop.
8: locate the private key belonging to the address you wrongfully funded on the Bitcoincash network, copy this private key
9: download a Bitcoincash wallet, for example electroncash (but other wallets work as well)
10: open electroncash, generate a new wallet using a PRIVATE KEY (not a seed)
11: paste the private key from step 8 in the wizard's interface in due time
12: spend the output on the bitcoincash network
13: clean up everything (as soon as the tx from step 12 is confirmed, delete the electroncash wallet, delete the file from step 7,...)
14: In Electrum wallet : Addresses->Right click -> Freeze
14b: even better, create a new wallet, generate a new deposit address, go to the old wallet, click on send, paste the new deposit wallet and click on "max" (empty out the old wallet). Don't use the compromised wallet again (if possible). This last step is an alternative for step 14 in case you're a paranoid person (like me)



3228  Bitcoin / Electrum / Re: Accidentley sent Bitcoin Cash to Electrum Bitcoin Wallet on: October 25, 2017, 09:40:00 AM
Export the private key corresponding to the funded address from your BTC-electrum
import this private key into a bitcoin cash wallet (depening on the wallet, a rescan might be needed)

Mark the BTC address in electrum as compromised, never use it again. It might even be wise to empty the BTC-electrum wallet and stop using it.

EDIT: i forgot: before exporting the private key for the deposit address from electrum, make sure there are no unspent outputs on the bitcoin network funding this address... If there are, it might be wise to spend these outputs on the bitcoin network before exporting the private key from electrum and importing it in an bitcoincash wallet... Bitcoincash wallets seem to be pretty secure, so the chance of them exposing the private keey are minimal, but it's better to be safe than sorry!
3229  Economy / Service Discussion / Re: See price of all my tokens at ethplorer.io or any other site on: October 25, 2017, 09:19:54 AM
Great answer, Thank you!
Just another Q: Except three tokens, they are all erc20tokens and have no price, but I see they are sold in etherdelta.
When do they show price? Maybe if they are sold in a specific exchange???
Is there any way to see the price of all my tokens at ethplorer.io or any other site?
I have bunch of tokens, and it would be nice to have a ticker or something to see all their prices at once.
Blockfolio is fine but I need something on the web I can customize and shows all tokens.

Etherscan shows a total sum of all your tokens  in FIAT
For example, my tokens are currently worth a whopping $0  Grin
https://etherscan.io/address/0xd65400079adaba8cccad4f3d20d21f13b6240514#tokentxns

I have no idear... I've had tokens that did have a price attached to them in the past, so they probably either have a minimum bidding price, or they're following a specific exchange, or there is a manual intervention from etherscan... I haven't taken the time to read their FAQ yet
3230  Economy / Web Wallets / Re: Difference Between web wallets on: October 25, 2017, 09:04:51 AM

Because their dev don't want to or haven't implemented this feature already. Wallets are just a "client" to create transactions and broadcast them to the Bitcoin network. Every coin you have is stored in the Blockchain, and not in the wallet itself. This means that every wallet should be able to do what others do if the dev wants.


to who Fee money  go ? to wallets or bitcoin system ?

To the miner that included your transaction into the block he/she was trying to solve (and succeeded in solving + broadcasting said block)
3231  Economy / Service Discussion / Re: See price of all my tokens at ethplorer.io or any other site on: October 25, 2017, 08:13:46 AM
Is there any way to see the price of all my tokens at ethplorer.io or any other site?
I have bunch of tokens, and it would be nice to have a ticker or something to see all their prices at once.
Blockfolio is fine but I need something on the web I can customize and shows all tokens.

Etherscan shows a total sum of all your tokens  in FIAT
For example, my tokens are currently worth a whopping $0  Grin
https://etherscan.io/address/0xd65400079adaba8cccad4f3d20d21f13b6240514#tokentxns
3232  Economy / Web Wallets / Re: imprted private key in blockchain wallet , showing watch only on: October 24, 2017, 03:21:13 PM
This private key of yours, how does it look?
How many characters?
Which letter does it start with?

PS: only answer those two questions, do not share the private key with anybody... Don't even share a partial private key, or a blurred out picture!

its 20-25 character long ,

i made this when btc fork happened in july

20-25 characters long?

An encrypted private keys is 58 characters and starts with a "6"
A private key in WIF format is 51 characters and starts with a "5"
A WIF compressed pk is 52 characters and starts with 'K' or 'L'
A pk in hexadecimal format is 64 characters long
a pk base64 is 44 characters long

The only private key format that is 22 characters long seems to be
https://en.bitcoin.it/wiki/Mini_private_key_format => a variant of the minikey format

I don't think electrum supports this format. If you want to import a private key in this format, you should find a client that supports it... Unless that character sequence you have there isn't a private key at all...
3233  Alternate cryptocurrencies / Altcoin Discussion / Re: Electrum and BTC Gold on: October 24, 2017, 01:01:13 PM
I have my bitcoins in electrum. Before fork I transferred my bitcoins there. So how can I get btc gold and when should I do it?
Official site of bitcoin gold https://btcgpu.org/ But it is down right now.

If you are holding your bitcoin in electrum like wallet than you don't have to worry about anything. Just wait for further instructions or guide on how to claim free bitcoin gold on their bitcoin gold's official site using your private key.

Don't move any of your bitcoin from electrum for next few days (before and after few blocks when fork will occur).

The fork has occured... There is no need to refrain from using your bitcoin wallet wallet... But if want to claim your Bitcoingold, it might be a good idear to split your coins before actively spending BTC (this way it's easyer to track your unspent outputs on both chains).
The fork happened at blockheight 491407,  at the time of writing, we're at blockheight 491488 (bitcoin blockchain), so the fork happened 81 blocks ago
3234  Alternate cryptocurrencies / Altcoin Discussion / Re: Electrum and BTC Gold on: October 24, 2017, 12:54:09 PM
I have my bitcoins in electrum. Before fork I transferred my bitcoins there. So how can I get btc gold and when should I do it?

How?
Create a new BITCOIN wallet, empty out your old wallet by creating a transaction using all unspent outputs controlled by your old wallet to fund a deposit address on your new wallet.
AFTER this transaction confirmed on the bitcoin network, export your private keys from electrum and import them into a bitcoingold wallet. If, after a potential rescan (depending on which BCG wallet you use, i don't know which wallets exist), the balance remains 0, it means the transaction on the bitcoin blockchain must have been replayed. you have to start over.
If there is a balance in your BCG wallet, you can deposit these funds to the deposit address of your account on an exchange and exchange your BTC for a non-premined coin Wink.

When?
I wouldn't know. Whenever you think it's the best time to maximise your profit?
3235  Economy / Web Wallets / Re: imprted private key in blockchain wallet , showing watch only on: October 24, 2017, 12:26:01 PM
This private key of yours, how does it look?
How many characters?
Which letter does it start with?

PS: only answer those two questions, do not share the private key with anybody... Don't even share a partial private key, or a blurred out picture!
3236  Bitcoin / Mining speculation / Re: I have $500k and I want to get into mining! on: October 24, 2017, 11:32:28 AM
So many replies, and nobody gave you the advice you really need to hear (IMHO).

Everything stands and falls with your electricity price. It doesn't matter if you're investing $0,5M or $5000... If you pay to much for your power, you're not going to mine BTC profitably.
If you're willing to dip your toe into altocoin mining, i'm told the electricity price can be a tad higher and you'll still be able to turn a profit, but don't expect to ROI quickly if you're paying 20 cents/kwu, even if you're altcoin mining. For me, the maximum power price to even think about mining BTC would be around 10 cents/Kwu. You can still mine with little higher prices, but the ROI gets to long (IMHO) and with the rising diff and the short guarantee of ASIC's, i'd personally not take the risk.

Offcourse, with a bankrol of $0,5M you have a little bit of leverage with your local power company, or you'll be able to get a better deal when you're looking for hosting in a datacenter, but $0,5M isn't sufficient to build your own datacenter and really put a vice on the power company when negotiating... So you're still at their mercy to get a good deal.

Before you decide anything, ask yourself the following questions:
- Will you be mining from home? If yes, how much does your power cost, do you have a suitable mining room, can you place A/C units, how's your wiring, what about security, what about fire hazards,...

- If you won't mine from home, all these factors will be taken care off by the hosting provider, but he'll add those (hidden) costs to your final bill, and there is a chance you pay more than you'd pay if you did everything yourself (so it would take a bite out of your profits).
3237  Bitcoin / Bitcoin Discussion / Re: What is the best way to store your bitcoins? on: October 24, 2017, 10:01:06 AM
maybe for now I still keep bitcoin in online wallet, but so far have never experienced problem with wallet, and maybe later i will try to save it in hardware.

If you wait untill you have a problem, it's usually to late  Wink
I'd recommand to at least switch to a desktop wallet on a properly secured/clean pc, at least you'll be in controll of your own private keys, so you have nobody to blame but yourself if you mess up...
3238  Bitcoin / Electrum / Re: What is the cheapest way to send bitcoin from electrum? on: October 24, 2017, 08:47:46 AM
How many UTXOs make up your 0.01294280 BTC? (Click the "Coins" tab and count the number of entries that you see. That is the number of UTXO's your transaction will be using when you try to send the entire balance in your wallet.)

0.01294280 - 0.01272440 = 0.00021840 in fees... assuming that all your coins are in one input... and that you actually prepaid the 2FA fees, so you have a "minimum" sized transaction of 192 bytes, your fee rate would only be 113.75 sats/byte.

Current recommended fees seem to be between 60-140ish... so I don't see any issue with the fee being proposed by Electrum.

If you want to use cheaper fees, then just goto: Tools -> Preferences -> Fees and tick the box that says "Edit Fees Manually". Just be aware that if you screw this up and use a fee that is too low, your transaction may not get confirmed for hours and/or days.
Thanks for the info ,
Yes all my coins are in one input or you can say in one address.
but one thing i donot understand is 113.75 sats/byte this what do you mean by byte here?
I mean how many byte i have how do you calculate that?
So that i can also calculate howmany statoshi it shoud be per doller.
yes i really hope i did not end up screwing my transaction.
Tongue
though its learning process for me and i am very very much interested i donot want to be a consumer only need to know the technical specs

Nope, don't mix bitcoins and dollars.
The fee you pay has nothing to do with the value (in BTC) and certainly not with the transferred FIAT value (if you convert BTC to USD).

You pay a fee per byte of transaction data.
The size of a transaction is related to the amount of inputs and the amount of outputs. It does not matter if you use 10 inputs of 1  BTC/piece or 10 inputs of 0.0001 BTC/piece, the size is allmost the same because both transactions use 10 inputs.

The formula for calculating the size used to be:
tx size =~ nr of inputs*147 + nr of outputs*34 + 10 + number of inputs

Offcourse, nowadays, if you use a segwit wallet, the rules have changed a little bit, but the basic idear remains the same.
3239  Bitcoin / Bitcoin Discussion / Re: What is the best way to store your bitcoins? on: October 24, 2017, 08:45:14 AM
Although it can not be said to be the best method for exchanges, there is a guarantee at major exchange, so it can be relieved a little.

What kind of a guarantee?
MtGox was a big exchange, people are still trying to get any recompensation from them...
Bittrex is just locking accounts and keeping funds hostage...
Yobit simply disables wallets and doesn't answer tickets for weeks...
There are many big exchanges that have screwed over their users in the past. Don't think that your funds are safe just because the echange is big.
3240  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining software on: October 24, 2017, 07:32:56 AM
are there any coins that can be mined on laptop using software?

A laptop usually doesn't have a very good GPU, so you're more or less bound to cpu minable altcoins... They do exist, but most of them aren't worth much.
Also, a laptop usually doesn't handle a large load for a long time as well as a desktop usually does, so the chance of damaging your laptop by CPU mining is larger than CPU mining on a desktop.
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