|
No they can't, not currently.
Bitcoin uses a popular algorithm that's used as a signature algorithm in a lot of other places, if it got hacked, banking operations would also probably be interfered with too afaik.
The private key is like a public key multiplied by a random prime up to 256 bits, it'd be hard to severs (the prime part is just an example).
|
|
|
|
I feel like a lot of the "Bitcoin versus gold" stuff actually comes from the goldbugs. They find themselves in the presence of something they can't quite quantify, so they compare it against the thing they know.
It's probably also that they want it to be separate from something entirely inflationary such as fiat; or something more risky like shares or real estate... Its probably closest to some sort of precious metal as its handy to store and handy to use when needed. People must vault gold for until they need it and they could do the same with bitcoin... |
|
|
|
However, the line "invest in Bitcoin and cryptocurrencies" is just like the tiny tip of something enormous. It entails knowledge; it entails careful research not just of Bitcoin itself but also of how to securely access and keep it.
Tbh I think if their friend sent them this and their førend isn't into crypto but they are then it's perfectly fine. Probably just something they found online while they were browsing... I assume if his friend wants to get into crypto, he'd try to get some advice from Op at least... But also the slogan is kinda true, everything else funds the banks and the fat cats that exist only to exploit the system while bitcoin and crypto is a separate endeavour so far at least. |
|
|
|
Core will be faster if you enable prune too. You'd have to do that by going to the config file and adding prune=4000 (number is megabytes but 4000 is the lowest). How fast? how many PKs per second? The most intensive part with core is the syncing. I imagine importing addresses is just a standard write operation, it'll probably still be slow though as it might have to scan those addresses when it gets a new block (unless the chainstate is scanned instead). On the Youtube tutorial, I can't find one... |
|
|
|
It's just amazing how it proves Bitcoin's resilience. In a possible blackout in the communication between poles of the planet, we could still easily identify the longest chain and continue without major consequences.
It's also something that potentially would slow down some operations depending on where payment servers are located. For example if some trans Atlantic cables were severed, could bitcoins data still be carried across by Internet satellites or will EurAfAsia have one chain and America have the other? Potentially extremely unlikely but if a country like China shut itself off there could be a problem with quite a few exchanges (I don't know how the % of China to Canada to the nordics makes up if they're even still the "mining powerhouses" they once were)... |
|
|
|
|
What are you actually trying to achieve here?
If you want to use bitcoin core, you're going to have to download the full 350 GB of data. You can use the prune function to reduce the load to between 4-16gb but you'll have to scan the million addresses by the wallet all at once which I imagine will take some time.
In electrums case: it's sending every address it finds to the server who is returning the output. With this many addresses if the load isn't managed right you could crash a server or at least delay it for normal requests. Electrum will be slow by Design for this task.
Core will be faster if you enable prune too. You'd have to do that by going to the config file and adding prune=4000 (number is megabytes but 4000 is the lowest).
|
|
|
|
|
Probably report them but I don't know if they've broken a forum rule other than spamming?
Did the OP say it was discontinued? You might want to report the thread and ask a mod to lock it.
|
|
|
|
@JackG
Thanks for that link. I don't recognise most of the people in the level 1 list, so maybe that explains things. Is there some massive underworld here that I don't know about, or am I living in some historic subset of members?
I recognise about 75%. The English speaking ones are just old members like mods and core devs with a few other meta members there. Some will be from sections sich as the Russian section which is pretty big afaik and a lot of other local boards have a large following.. You can have a look at loyce.club to see exactly where the trust was shed but I found you had 7 qualifying votes according to this page: https://bitcointalk.org/index.php?action=trust;dtI think it was 10 votes you needed from people who've earnt 10+ merit. That page (or any page on Bitcointalk) can't show if Jet Cash has 10 votes. You'd need to look on LoyceV's site: The site i suggested would've  |
|
|
|
|
Fees will overtake the reward before it becomes zero. That is if bitcoin is still a thing with its 21 million limited supy and the devs and minders don't decide a different fate of the main chain.
|
|
|
|
You can have a look at loyce.club to see exactly where the trust was shed but I found you had 7 qualifying votes according to this page: https://bitcointalk.org/index.php?action=trust;dtI think it was 10 votes you needed from people who've earnt 10+ merit. Trading isn't as much of a thing atm I don't think as there's fewer people in the forum. I got to. The currency exchange about twice a week and there aren't normally European trades there. |
|
|
|
|
Is the pi running the server not expecting a tor proxy for connections? I don't think you can just connect to it directly if so?
Also is the server you're trying to connect to fully synchronised? If you've connected to an external one it might be expecting a block height >= that servers block height.
|
|
|
|
One succeeded somehow in recovering his funds while the other two didn't - not really sure how that works.
The investor with $401k apparently wasn't able to convince the court that the hack was related to the data breach: A High Court judge determined that the man (identified as “Mr. A” for privacy purposes) had failed to successfully prove that his data was compromised during the incident. As a result, the exchange will not be held liable for Mr. A’s lost funds. It seems to me that the exchange should be responsible, since the phishing attempts probably only worked because of the data breach, but I can see how that would be difficult to prove in court. I'm assuming the other two people are on the same boat. The last person, on the other hand, from a different article: The judge, however, found both Bithumb and Jang partially responsible, noting that the victim provided details that were not originally included in the data which was exfiltrated from the exchange. I don't really know what that means myself lol. I mean, isn't the point of phishing to gather more data about you using data they already have? Details are scant so we can't really make conclusions of our own, but if there's something to be taken out of this, it's that you shouldn't store large amounts in exchanges. I thought it probably just came down to a different judge or different defence. Potentially as Charles said a different hack as exchanges probably face a lot of these anyway... The 20% or so was probably how muchtthe judge assumed the exchange was liable on the third count. But yeah the article was very scarce on actual court information - but that could just be the court hasn't released it for the same reasons they haven't named the claimants. I didn't think they'd leave someone nameless for their involvement in courts before, that might be a positive sign on the side of adoption. |
|
|
|
Yeah we're quite balanced between bearish and bullish sentiments atm (which could be the calm before an imminant storm).
This is the worse feeling as a trader. Your decision is hang on the thread whether to do a solid hold or buy back. Especially when you are using future trades it could give you fortune instantly and make your money 0 if you carelessly pick wrong side. You forgot to mention that Bitcoin stayed above $10000 fro straight 64 days. That never happened before. In 2017 it was above $10000 for 62 days in a row. ys. This shows a solid trend.
This is why I still believing that this is just a long rally but once the bitcoin fully reach and stay on 12k price with a long period then we can see a steady growth maybe trigger bull run which is more solid than the last one. That 64 days of summer is probabky EXTREMELY bullish for bitcoin. And yeah there's always the idea we could plateau for quite a while longer yet (am other month maybe). But the utumn normally brings an asset bleed afaik. Yeah we're quite balanced between bearish and bullish sentiments atm (which could be the calm before an imminant storm).
I don't see it unlikely for us to see a volatile move at some point in either direction. 12-12.5k formed quite a strong resistance but 8.8k-9k could prove to be stronger...
Of a truth it is very difficult to predict the next move in bitcoin pricing. The market seems to wait for a strong fundamental issue and I hope it will be a positive one. I believe that bitcoin may test $14,000 resistance level again before end of this year. I'd still expect a max of about a $6k move in either direction in one or two legs - probably wouldn't be fast though. Some are still calling for $2-3k, I'd put something on us getting to $16k no matter how the rest of the year goes (probably by q2 next year because early predictions are risky and it'llddepend on the next break). |
|
|
|
Looks like it was a phishing attack with three claimants?
It was actually a phishing attack with only two of the victims, the third person's attack was linked to 2017 Bithumb exchange hack. One succeeded somehow in recovering his funds while the other two didn't - not really sure how that works.
Non of them recovered their lost funds, only one of them was compensated with $5000 after claiming to have lost $27,200. Check the link below. Anyway if it was a phishing scam then they are at least partially liable (the claimants).
Two of the victims were investigatesd faulty of their attacks. But the third person was compensated. https://cointelegraph.com/news/bithumb-found-partially-liable-for-a-2017-hacking-incidentThe individuals were seeking $126,000 and $38,000 respectively for damages related to a data breach incident back in 2017. According to Fn News, plaintiffs Hong and Seo (both named only by their surname) stated that they had lost money due to a phishing attack using private data that was extracted in a hack of Bithumb. The third claimant, Jang, was granted $5,000 to cover his total loss. This amount reflects a much lower dollar value than his initial $27,200 claim. But that aside, normally, exchanges are too vulnerable to attacks, that is why Bytbit CEO even says most crypto exchanges are vulnerable by design that he isn’t surprised attacks happen on crypto exchanges. A statement we all know that is true. https://cointelegraph.com/news/most-crypto-exchanges-are-vulnerable-by-design-says-bybit-ceo The third claimant, Jang, was granted $5,000 to cover his total loss.
I'm confused...? Edit oh so that was the different 2017 attack. I still think up to securing a users credentials should be on the exchange but securing the account (ie using 2fa) should be on the individual user.. And by extension, not clicking random links is on the user too. |
|
|
|
|
Looks like it was a phishing attack with three claimants?
One succeeded somehow in recovering his funds while the other two didn't - not really sure how that works.
Anyway if it was a phishing scam then they are at least partially liable (the claimants).
|
|
|
|
Can you screenshot the proxy settings in electrum? It looks right on the guide afaik. You could try doing netstat -rn in the command line once you've run electrum to check the state of the port. Eg try netstat -rn | grep="9050" Feel free to not trust a random person on the Internet and look at what that code does via a search engine or your Linux build help docs. |
|
|
|
Update electrum to the most recent version now and just use that if your old electrum can't connect. I think it was said to be 3.3.5 and up that can. If you are able to spend coins in electrum, that means the time before the last update you had those funds - you might or might not have them now.. If you're going to go and come back and you go for more than a month, could you open up a thread here and use Google to search for any new bugs that might have needed a critical update. You can also check the changelog here: https://github.com/spesmilo/electrum/blob/master/RELEASE-NOTES |
|
|
|
Running crypto casino games directly on a blockchain seems more like a gimmick though.
I think some use bitcoins blockchain to determine a winner (or other cryptocurrency chains) - not as in the whole site is on a chain. But that might make for an interesting erc20 contract.
And yeah getting a hashed token, house edge information and a way to confirm how much the casino makes in some cases (ie investing a small amount) is quite a nice bit of detail regular online casinos still don't have (outside of live games). It'd cost them very little to implement such a system too so I don't know why they don't start making it a selling point somewhere. |
|
|
|
|
Yeah we're quite balanced between bearish and bullish sentiments atm (which could be the calm before an imminant storm).
I don't see it unlikely for us to see a volatile move at some point in either direction. 12-12.5k formed quite a strong resistance but 8.8k-9k could prove to be stronger...
|
|
|
|
|
If its the password generation screen how long was the password and did they definitely match?
There might be something that means it has to be between eg 8-20 characters for example
|
|
|
|
|
Show Posts
