This is the typical story of newbie investor into Bitcoin. Find out about it in the middle of a bubble, FOMO-buy, don't read, then panic when the price goes down, sell and leave disappointed.
You are not the first, nor the last, doing that. You are one of the few though that somehow managed to return to Bitcoin (or at least bitcointalk)

Now do some reading. It won't be easy. You'll read that bitcoin price goes up and down pretty wildly and this is not something we're too worried about. You'll read that it matters where you buy your coins from, since the amount of scams rose exponentially, you'll read to avoid too-good-to-be-true business opportunities, you'll read that "not your keys, not your coins" and it's better to get your money into your wallet (but withdrawing can be costly), you'll read about keeping your wallet and its backup seed safely, you'll read that best to buy is DCA and even more you should invest only what you afford to lose, so you don't get scared again when your investment looks bad.
It's quite some info to assimilate, but imho it worth it.

It would have been an overly great news if it weren't the 11% fees.
That's too much, especially as I expect KYC also become - sooner or later - mandatory for all amounts, hence even more premium as taxes.

I could start with the fact that's not even 100% certain how much gold is still available to be mined. I don't know how accurate the current estimations are.
Then, yes, gold does exist in space, and I would not be surprised if it would get attempted to be mined from there, if it will be proven to be more useful than just getting hoarded by the richer entities (especially since such a move could melt its current price).

Bitcoin has kinda same problem: if people stops hoarding it, the price may go lower than most of us would like. It doesn't have to be mined from outer space.


While I do agree that Bitcoin is scarcer than the total gold in the universe, especially according to our perception, I would not try to prove this because.. what to compare: kg with BTC, gram with satoshi, atom with.. what? since "tomorrow" the community could decide that one satoshi is too big (compared to whatever paper money) and we need more digits after the decimal point, and 16 looks just fine for the job.


This goes to speculation area

While I do believe that Bitcoin price will eventually go to new ATH, yes, I would clearly buy a house to live in.
And you know why? Because if I'd do otherwise, I'd invest money I don't afford to lose. And if I do that, the moments the price is falling would be too stressful for my health.
I will add that DCA is in most cases a better approach than the "all in now" lottery.

Maybe it could work sometime in the future only if we get to the point bitcoin falling doesn't get all crypto markets fall (even if not in the same second or day).
And even then, collateralizing a crypto currency with another crypto currency looks more like an unhealthy speculative stunt than a professional approach. Maybe in a not-too-near future this will change, but I wouldn't get my expectations too high.

I can agree to that.


I think that the price has to be over (not just at) a certain level (which is different from person to person) for some time, to allow him sell.
I don't realistically expect one will sell $1M worth of BTC at once, just because the price is good. Getting that much fiat can be ... risky.
1M is another story. People's expectations/dreams may also depend on how much BTC they have.
But yes, here we're pretty much on the same page.


Imho the 1 BTC = 1 BTC is meant to help them handle their fears.
Even "yay, more cheap coins to buy" is something I see as informative/useful for the newbies.

Super, multumim pentru traducere, sper sa ii ajute pe cei mai noi in ale Bitcoin.


O mica notita: la perfix de adresa cred ca ar merge mai bine bc1, nu bc1q.
Daca imi amintesc bine bc1 e prefixul, iar q inseamna e (intr-un fel) versiunea 1 (sau 0) de bech32; deja exista si versiunea urmatoare, bc1p, care, printre altele, "stie" de taproot.

Wow, bafta si nervi de otel! Ca din experienta mea, renovarile masive sunt ca un razboi de anduranta, si cu mesterii, si cu vecinii, si cu bugetul, si cu timpul liber, si cu serviciul. Dar cu suficienta tarie (interioara, dar si la sticla) rezultatul trebuie sa iasa superb. Deci, bafta!


Am probleme de astea inclusiv cand sunt foarte ocupat, fara sa am santier in casa, deci inteleg la ce te referi.


Eiii, cu uitatul am probleme de peste 10-15 ani, deci nici nu ma mai plang. Incerc doar sa nu uit unde mi-am notat una-alta
Aici problema a fost... mai complicata...


Yep, bafta si tie!

L-am vazut ieri, dar am fost atat de ocupat/agitat/ametit incat:
1. nu am avut timp sa il postez aici
2. am crezut ca am participat, dar acum ca ma uit, nu participasem.

Asa ca mersi mult ca ai scris; mi-am rezervat acum un loc.

46 NeuroticFish

Thank you!
To the moon!!

That you've written was a story, not that much a question. Again, I advise you ask punctual questions.
And if you write a book, good for you. I hope though you can do better than what you've put in that post.
Yes, I was harsh. I am usually harsh with clueless conspiracy histories and incorrect things presented as facts.

But you wanted me to be constructive, so here I am:
(Note: I've used parts of your initial post in my answers, although I didn't quoted them 'by the book').

The first 2 paragraphs I don't know how much truth is in those stories, they look to me as more conspiracy histories than known facts. Whenever you want to be spot on, you should include links to reputed sources confirming what you're writing.

Then you came with this "Now World leaders , those running the USD have made the Mythology of Satoshi Nakamoto, an unknown creative person who lived in a different era ."
I mean, really?! This is a good story for people outside of bitcointalk, but not here. There were people working with mysterious man. So while he was indeed very good in hiding his identity and traces, he's far from being part of a mythology. Also, I find that paragraph completely wrong/off. World leaders and bankers have called bitcoin a scam for far too many years and most of them are still fighting it. So them calling it sanctuary and salvation.. you're probably narrating things from an alternate dimension where the things are different than on this earth.

"Did you ever think why we can easily transfer two BTC around 80K USD without any KYC but if we transfer 7k to our personal account they freeze that account and we have to show them plenty of documents to release that?" This shows that you did no fact checking and just narrating conspiracy stories. One can transfer all his coins wherever he wants and no matter how much that is, with no restrictions at all, as long as he uses proper wallets and pays the miners' fee. And you know why? It's because the wallets are just pieces of software you are in charge of and the miners cannot seize your funds. Account freeze goes in centralized platforms, where, if you want to use them, you have to go by their rules, no matter the funds - big or small (of course, some may not always bother for pennies, but this doesn't change the overall picture). So, as I said, you should have been asking.

"Why is BTC big wallets holding millions and billions of USDT unknown but for opening a penny account we have to submit plenty of documents and pay lodge fees ?!"
I will answer with a question: why you can keep tons of gold buried in your backyard and nobody asks a word, but if you want to get it to bank you'll get a lot of questions asked?
The reason is identical.

"By any chance is this possible most of these wallets belong to the federal reserve itself and just waiting they burn enough petro dollars of oil countries by playing with BTC Market and when they are convinced enough is enough bull run the price to million USD and start a new age of crypto back dollar?"
You've watched the wrong movie. Most of those guys started buying late, or didn't have started buying at all. Conspiracy stories all over. Again.
But please, prove me wrong, but with reliable numbers.

"The Chinese found out about this matter two late when more than 18 million of BTC mined in China but quite a big chunk of profit was received to huge mining  farms in Texas!"
Again, bullshit.
1. I find mathematically impossible so much coins be mined in China; so please show me the numbers (from reputable sources, remember?) if you have them.
2. How could mining farm 2 get the profit of mining farm 1? If that happens for one block (not millions of BTC), in the next second everybody leaves the scamming pool. But since you prefer conspiracies, you may have missed that. You could ask/read abut how mining actually happens.

"I agree it's quite a wise decision to buy and hold BTC because I believe this is the game and Bitcoin will get to Million Dollar one day!"
I thought that you think it's only the game of petro-dollars guys, aren't we too small to compete with them? How on earth would they allow us get into their game?
1M is wishful thinking, but I cannot argue that. Many hope it'll get that high. I also hope the price will still go up, but I am not that optimistic.

So, again, too much conspiracy histories, too few facts, and those that I know are wrong, then you came with a conclusion, which is pretty much unrelated to the entire story. At least I cannot argue with the conclusion.
I hope that were not expecting I'll look up/fact check everything and I hope that I was constructive enough. And yeah, I was harsh again...

The idea is clear: you should read much more and you should gather facts and only facts.

This huge mix you made, comprised by some possible facts, some conspiracy theories, some fiction and drama, both caused by insufficient knowledge .. doesn't help anybody unless you want to write a book.
My idea about all this is that you should start asking short question about this or that instead of guessing/imagining. It should help you greatly.

I've never been good at negotiating, so don't worry


The thing is that depending on where we're looking at this, always one will be wrong and one will be right. So I will, in the same time, agree with you and keep disagreeing with you.

You're right that the current price (always) matters. But on the other hand, it matters only for the one who will buy or sell. If one decides to just hold for long, simply because he's no longer a good trader, or has never been, the price is just something not-really-relevant, which has a better chance to make him die of hearth attack before he gets to enjoy the returns of the investment. Or makes newbies panic sell (same newbies will be disappointed now, but may buy again when FOMO bubble is nearly at peak again).

So, price is important only if one indeed sells or buys. For the rest, don't panic, 1 BTC = 1 BTC.
Of course, you may also argue that one can sell high then buy back low, but there's a risk factor there, making the equation less straightforward.

Most crypto don't rise and should never rise because they're scams, or full of bugs, or both.
So let's just turn to bitcoin. And bitcoin price does rise, but it does it in waves. As said, zoom out. A pretty good comparison for Bitcoin may be to compare the price every 4 years. You'll see them rise.
Inflation is also just a number you don't feel clearly in the same way for everything. Bread price may have went over the roof and meat price may not feel the inflation yet. It's just an example, it doesn't have to be accurate (I'm almost sure it isn't). But inflation makes electricity more expensive and - sooner or later - that has to become visible in the price, else certain miners will have to unplug their gears.

Also, never forget that gold is overrated, since it's not so scarce and we don't even know for sure how scarce it is in the universe (I don't think that it's easy to count how many suns have exploded since the big bang, and that's what creates gold).
And.. just look at the charts, gold is falling lately: https://www.tradingview.com/symbols/XAUUSD/

Did you by chance remove or restored your wallet from a backup?
Did you change by chance the data directory path?
What error you get when those commands "don't work"?

(also, as said, keep in mind that all that may be missing could be the patience to wait the wallet get properly synchronized.)

USDT is Tether USD, and afaik that one's the largest stablecoin, dwarfing all the rest.
Terra's coin is UST, afaik.


We are at the middle of a 4-year cycle. The price was not looking neither stable nor very peachy anyways, this failed altcoin/scam was just the cherry on the top of the cake.
And yes, the price will indeed rise.. eventually. But actually none of those "experts" (lol) know, they just speculate (i.e. throw numbers, trying to guess).


Also they forgot to take into account the death of the dinosaurs, the extraterrestrial live and El Nino.


I've just read on twitter something I didn't know, and I guess you too; this mess did cause BTC price go down simply because Luna owner has sold 80k BTC:
https://twitter.com/BTC_Archive/status/1526155378584584192

Then the address is not yours. Sorry, but it's what I've been expecting.


I'm not sure what you want us to check. We don't know what addresses are in your wallet. We can check if the transactions are processed and if they have confirmations, they are final and cannot be reverted.


I'm not sure what you've done wrong, I don't know if it's your computer that's infected, if it's your wallet that it's a malicious clone, or you didn't store your wallet's seed safely.
What I am almost sure is that somebody has stolen your money.

..Maybe you consider acquiring a hardware wallet, keep its seed backup always offline; it should make this kind of events less likely to happen...

It's either that your wallet or computer is compromised, either somebody else got access to the seed words of your wallet - either when they were generated, either from where you store the backup of the phrase (storing in email, cloud, desktop is not safe). If one recovered your wallet on any device in the world, he could easily spend your funds (i.e. transfer them under his control).

It doesn't matter the money stays on that specific wallet address. If it's not an address under your control, or, even easier, if it's a transaction you didn't do, then your money is stolen.



In Electrum, go to Console tab (you may need to View->Console) and type:

You are right. On bull market people also start partying because the price looks great, forgetting that they are on profit only if they sell; and most may only sell when the price actually goes down.


Of course they matter, but imho telling that 1 BTC = 1 BTC often enough may help on newbies' morale. Understanding that 1 BTC = 1 BTC and the price should eventually get back (at least) to the levels they've bought at might help some to avoid buying high and selling low (and if that's achieved, they can easily become long term holders).
At least this is how I see the things.

People already said that the wallet is a piece of thrash you should not use, but I'll get to that error and one wild guess would be that it may be related to the change address.

So one idea would be to also send the change specifically to an address of yours if you haven't yet. (But again, I may be completely wrong.)
And as said, maybe you send, at least the change, directly to another wallet