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3721  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you going to keep some Terra Luna coins to keep as a keepsake? on: May 14, 2022, 06:39:21 AM
Staking to earn some APY.

Oooh, thanks for the clear up.

Ah, my friend, who bought Terra Luna at the last moment before delisting on Binance, he became very lucky. he spent his $40USD to buy terra luna and he got around 32 million coins. and now we see the price of terra luna back up. my friend told me that now his money in terra luna is around $3000USD from the original only $40USD. how lucky he is. Ah, I'm sorry I didn't buy it at that time. even though he invited me. I bought a little late. I just bought it as a collectible with $10USD after a bit of a rise and it's now $30USD.

That was lottery, not actual trading. UST could have gone to 0 very easy from there. Actually it still can and I don't know what chaos could a revert also do.
But yes, 40$ is not too much for a lottery ticket Cheesy and now he can even cash in the initial investment and enjoy the ride.
But you should not be sorry. Crypto is young and there are plenty of opportunities around. Probably not for getting rich overnight, but still... Even more, the more conservative you are, it may take longer, but at least won't go south with the speed of light with this or that "investment".

but this terra luna incident I think a little different. I hope Terra Luna can bounce back.
oh well I also bought a little bit of UST at a low price and now it's starting to go up again.

The fact you have bought a lottery ticket doesn't make UST better, it only makes your hopes higher.
Good luck though.
3722  Other / Off-topic / Re: A Letter To My Newbie Friend, Someone I Mentor. on: May 13, 2022, 12:21:56 PM
Luna might have taken away all you ever worked for

If your friend has done this, sorry, but either your mentoring is not good, either he's ignoring it.
One should never invest what he doesn't afford to lose, and even more, investing into a new altcoin?!
3723  Bitcoin / Bitcoin Discussion / Re: What has happened with the mempool? on: May 13, 2022, 11:30:53 AM
It's Binance. They are migrating all their wallets for some reason: https://www.binance.com/en/support/announcement/c8d82e9c6c694be8b8d2cd88227ae1ea

You can see the activity on their hot wallet address has skyrocketed over the last couple of days, coinciding with the huge mempool spike: https://explorer.bitquery.io/bitcoin/address/bc1qm34lsc65zpw79lxes69zkqmk6ee3ewf0j77s3h?from=2022-04-13&till=2022-05-12

Indeed, you seem to be correct (hence I was wrong here). I've looked around and I've found pages of transactions like these:



It looks like somebody is giving up the legacy addresses after all. Is it Binance? Maybe.
3724  Economy / Economics / Re: Buy? . . . Nah, hang on a minute. on: May 13, 2022, 07:26:26 AM
But that is not without conditions. It isn't absolute. It doesn't always guarantee profit.

Actually buying low and selling high always brings profit. The condition is to indeed buy low and sell high and not the opposite.
And in order to avoid buying high when you thought you buy low, easiest is to DCA. As simple as that.
3725  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you going to keep some Terra Luna coins to keep as a keepsake? on: May 13, 2022, 07:19:39 AM
So I also ask you all, did you buy Terra Luna now to be used as a keepsake collection to remember the achievements and history of what happened to Terra Luna?

I feel sure this incident will be a new history in the crypto world. like in 2018.

There are so many altcoins that have turned to dust I don't really see this one different. The only difference is the hype and the funds involved. But "tomorrow" another shitcoin will rise, bigger, shinier and will turn even more funds into some smart guys' pockets.
While I was thinking to invest a little into UST now, at ~20 cents a piece, I still think that bitcoin has a better chance to grow 5x than UST recover, so I didn't do that either.


I still fail to understand why did so many people invest so much money into a stable coin, especially a new one. Just because Bitcoin price has been going lower?! There are more established ones, backed by actual dollars for the job.
3726  Bitcoin / Bitcoin Discussion / Re: Send and receive from same btc address how? on: May 13, 2022, 07:06:50 AM
"To verify your (external) address with your account, you need to make a deposit from this address."

Verifying the ownership of an address can easily be done for free, by signing a message with the key of that address.
Even more, they should not care if it's your address or not.

On the other hand, as already said, it's a common practice of scammers to ask money - for whatever reasons - to transfer you some alleged funds (that don't exist and you'll never get).
3727  Bitcoin / Bitcoin Discussion / Re: 1 BTC = 1 BTC. You only lose if you sell. You're buying inflationary fiat. on: May 13, 2022, 06:54:45 AM
Remember guys, 1 BTC will always equal 1 BTC

So let's make a test
I'm offering you 5 000$ for one coin and 200 000$ for two coins.
Would you be interested in any of those offers?

This would prove nothing. It could prove that you don't know how to make a good business. Grin
That's because even if 1 BTC = 1 BTC (always!), still, business is business Cheesy
3728  Bitcoin / Electrum / Re: Problem with wallet on startup on: May 12, 2022, 03:11:14 PM
I don't have an answer for you, I will only link to correct file, since you've picked Electrum for LTC.
The error is the same.

https://github.com/spesmilo/electrum/blob/4.2.1/electrum/interface.py#L986


Edit: I'll add that it might be that using the same server in both clients might work.
3729  Bitcoin / Bitcoin Discussion / Re: 1 BTC = 1 BTC. You only lose if you sell. You're buying inflationary fiat. on: May 12, 2022, 03:01:20 PM
Sounds like

Sounds like you have no idea what you're talking about, but found the perfect time for trolling. But no worries, welcome to my ignore list.

And for those selling BTC: you'll make some people very happy, so, yeah, go on. It's your choice.
As OP greatly said: 1 BTC = 1 BTC.

no shit sherlock. This is one of the dumbest thing ppl say during a bear market and a crash and i'm not sure why is this still a thing. What do they accomplish by saying stuff like that? has this become some kind of mantra to some people or what? a coping mechanism?

I'm surprised that you don't understand. What you've done on bitcointalk since 2016?!
3730  Other / Meta / Re: Is this allowed?? on: May 12, 2022, 12:35:07 PM
There are enough evidence supporting that he has done it intentionally choosing the name matching to moderator @achow101 to portray himself in reputed way but he has 60 posts of bounty submission which the real one will never do  Grin.They try to involve in such cheap tactics which later made them ban and red flags on the forum at the end.

I see that @Apocollapse has edited his post and added evidence that our guy is yet another bounty scammer. So yeah, it's all crystal clear now.
3731  Bitcoin / Bitcoin Technical Support / Re: Unconfirmed bitcoin transaction ?? on: May 12, 2022, 10:34:33 AM
If so, is it normal that my transaction is unconfirmed (it was 1 hour and 40 minutes ago) and do I just have to wait ?

There's a reasonably good chance that your transaction will be processed before Monday (possibly much sooner). Since you have proven limited knowledge in handling transactions, maybe waiting is a good option.
Or, I've seen in that screenshot that you have bump fee button too...(but I'm not familiar with the wallet you're using).
3732  Bitcoin / Bitcoin Technical Support / Re: Unconfirmed bitcoin transaction ?? on: May 12, 2022, 09:45:30 AM
How much did you intend to send to Binance? 0.7 BTC?
Because if so, there may easily be that the address you don't recognize is another address in your own wallet and the 0.29 BTC is the change returning to you.
However, you have to check if that address is indeed yours.
3733  Other / Meta / Re: Is this allowed?? on: May 12, 2022, 09:20:12 AM
The newbie user achow10 has almost the same username as Andrew Chow's one which is achow101
I don't think newbie can randomly choose almost the same username as one of the moderators and dev. For me it looks like done intentionally. I don't see any attempts to make any dirty business with it, could be harmless, but...

I think that @achow101 should add there a tag (as long as no scams are involved neutral may do) stating whether it's his account or (most probably!) not.
While "achow" may not be so much uncommon, I would not expect it so much in.. Bangladesh.
But the 10 after it makes me rule out a coincidence, since neither achow, nor achow1 seem to be taken.
3734  Other / Meta / Re: No way to know if a user has edited the reply\topic on: May 12, 2022, 09:09:53 AM
What shocked me is that the forum software does not tell if a user has edited the reply!

I would not expect too much implementation get done on this forum software, since we will eventually migrate to new forum software someday. (And afaik that's basically done and being polished.)

But if you are so much interested in the changes of a topic, you can use 3rd party, like https://ninjastic.space/post/60109353 , which can catch better some of the edits/versions (I don't know if all of them, I didn't care so much).
Even more, if you install the BPIP extension then you'll have at hand link to the post archive.
3735  Other / Beginners & Help / Re: Who earns the transaction fees? on: May 12, 2022, 09:04:12 AM
The transaction fees that will be charged for this transaction shows BTC0.0005.

Good wallets show the fee in sat/vByte. The fee only makes sense in relation with the size of transaction. Any wallet that doesn't do that is doing it wrong and you should drop it.

If this transaction is sent, it can only be included into the blockchain when a miner picks it up and add it to the blockchain at an average of 10minute.

Yes. Then the number of confirmations start to grow. Any transaction that is not confirmed was not mined and you cannot know if it will ever get mined.

Does the fees for this transaction comes from the sender?

Yes.

If this transaction is successful and been mined into the blockchain, who earns the fees that was used in this transaction?

If it's a normal wallet, then the miners.
If it's an exchange or custodian wallet service, then part of the fee may actually remain in the hands of the service and only the (usually lower) fee you'll see on a blockchain explorer when you look out that transaction will go into miners' hands.
3736  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 12, 2022, 08:52:08 AM
How’s everyone doing ?



So we seem to get to normal cycle. This is fine. Just fine...
3737  Bitcoin / Bitcoin Discussion / Re: What has happened with the mempool? on: May 12, 2022, 08:19:45 AM
There might be a group with many people who transfer their holdings to an exchange and sell and I think it might be a group of whales?

If there would be whales, why wouldn't they transfer their funds in a much smaller number of transactions?
It has looked to me more like a withdrawal/payout done by an entity to a huge number of addresses, especially as the fees are pretty much similar (which would not be the same if there would be competing trading or arbitrage bots). That's why I was asking.

Last time someone spiked the mempool like this fees went way up almost instantly. They are still sane now.

Last time it may have been a competition between bots and probably the price was also going upwards.

Having the mods remove that post since I guess we can discuss it here....

Thank you.

It wants its share of fun, we have things going down the drain everywhere why not some shitshow here too?  Grin Grin

If the price doesn't go up suddenly, I'd expect this get cleared before Monday. Else... that will be a shitshow, this is nothing yet.

I see people claiming it's Binance consolidating inputs, but I've not seen any proof for that, furthermore, when you fill the blocks with consolidation transactions you tend to have fewer of them, yet in the logs, I see over 2000 tx per block constantly.

I'd expect consolidation be big transactions, not many transactions. So I agree, this doesn't look like consolidation.
3738  Economy / Trading Discussion / Re: Who’s itching to buy? on: May 12, 2022, 08:04:38 AM
You think bitcoin and the crypto market in general can cease to exist?

You're asking the wrong question. Even Earth itself will cease to exist after a while...


And I'll get back to DCA: it looks like 10th of May was a sort of trap and today was another pretty good opportunity to buy. If you DCA you still have funds for this kind of opportunities. (But I really don't know whether it'll go up and continue to go lower from here...)
3739  Other / Off-topic / Re: Buying cheap second hand gaming machine risky ! (being dumped after Corona) on: May 12, 2022, 07:57:20 AM
Yeah, I usually go through it all, bin the hard drives usually, then update the bios firmware, pop in a new hard drive or SSD, and then install whatever operating system I want on it. Usually though, not many people are sophisticated enough to touch the bios side of things, but it's just for piece of mind on my end.

Well, rewriting BIOS is almost too sophisticated for myself Cheesy. I don't think I've done that (may have been doing it once many many years ago), but I may be able to find and follow a tutorial though.

Ultimately, a wipe/format should be sufficient for most people, either with dban or dd on Linux systems. Although, that usually requires connecting a USB to a possibly infected machine. So, either go the Qubes OS route, and isolate or use a Live CD of Ubuntu etc.

Iirc repartitioning the HDDs can be done even from Windows' install DVD. Of course, I have an E2B stick with plenty of iso with tools, so I have where to choose from for the job if needed, some from Linux, some even under Windows. I mean that there's a much wider list of options.
And although I've used SDelete (yes, I'm a Windoze guy) here and there, I think that repartitioning does the job and wipe is overkill.

Although, most of the time much of that is overkill. Although, I do always recommend people listening to their inner threat model, and not compromise.

The problem is that most people don't have enough knowledge and their "inner threat model" will be silent, hence troubles like those signaled by OP.
3740  Bitcoin / Wallet software / Re: 24 seed word offline bitcoin storage on: May 12, 2022, 07:19:01 AM
ANyways even more better option is to use raspberry pi zero

If I had a way to buy Raspi Zero (preferably not W) not as overpriced as I see it nowadays, I would build a hardware wallet off it: https://seedsigner.com/
I sooo hate this chip shortage...
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