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3781  Bitcoin / Electrum / Re: Noob question about Electrum wallet on: October 15, 2017, 09:57:55 PM
With Electrum, like Blockchain.info, you have exclusive control of your private keys. You are safe.

After the fork, you must determine if Electrum does what you want. If not, then you can switch wallets.

3782  Other / Beginners & Help / Re: I have hardware wallet now. Do i need to stop using offline wallet? on: October 15, 2017, 07:23:29 PM
Keep in mind that you can use your Ledger wallet with Electrum: https://ledger.groovehq.com/knowledge_base/topics/how-to-setup-electrum-nano-slash-nano-s
3783  Bitcoin / Bitcoin Discussion / Re: Crazy Question - Bitcoin Real Coins - can they be redeemed? on: October 15, 2017, 07:00:55 PM
It's just a souvenir. A collector might buy it, but otherwise it is not worth anything.
3784  Bitcoin / Bitcoin Discussion / Re: Bitcoin processing fee for transaction by miners on: October 15, 2017, 06:48:43 PM
Lets say I set a very low transaction fee for a bitcoin transaction(from one of my own wallets to another). I also have mining equipment which is mining for bitcoins. Is there anyway to get that transaction request directed towards me ? In other words can I process my own transactions by giving it priority?
If so how do I do this?

There is no reason to direct a transaction to a miner, because every miner sees every transaction.

The miner picks which transactions to include in their next block and can use any criteria that they want. Most miners pick the most profitable transactions, but a miner that is associated with an exchange or perhaps is paid by an exchange might pick transactions going in and out of the exchange first, regardless of the fee.

However, the miner that gets to add the next block is random so there are no guarantees. In general, if you have 1% of the total hash power, then you get to decide the priority of transactions 1% of the time.
3785  Bitcoin / Mining support / Re: I need some help with mining on: October 15, 2017, 07:18:38 AM
Is there any efficient way to earn bitcoin with a bad pc?
Use it to find a job.
3786  Bitcoin / Bitcoin Discussion / Re: why do you think satoshi nakamoto kept his identity as a secret? on: October 14, 2017, 06:18:18 PM
why do you think satoshi nakamoto kept his identity as a secret?

For the same reason I keep my identity a secret, I suppose.
3787  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Telegram channels can pump a coin by 50%-200%... on: October 14, 2017, 06:12:15 PM
A telegram pump group is a scam. If you are not running the group, you are the victim, even (or perhaps, especially) if they tell you that you are part of the "inner group".

It's called pump-and-dump.

"Pump and dump" (P&D) is a form of microcap stock fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. Once the operators of the scheme "dump" sell their overvalued shares, the price falls and investors lose their money.

3788  Economy / Exchanges / Re: Is it possible to sell SegWit coins on LocalBitcoins.com? on: October 14, 2017, 06:04:35 PM
It seems no, as their receiving addresses are still non-SegWit!
There is no such thing as a "segwit coin". You can send coins between segwit addresses and non-segwit addresses.
R u telling me that SegWit outputs can be used as legacy input?
If by "as legacy input", you mean "by a legacy wallet", then no. If you are asking if a transaction can have a segwit input and a legacy output, then yes.
3789  Economy / Exchanges / Re: Is it possible to sell SegWit coins on LocalBitcoins.com? on: October 13, 2017, 10:50:24 PM
It seems no, as their receiving addresses are still non-SegWit!

There is no such thing as a "segwit coin". You can send coins between segwit addresses and non-segwit addresses.
3790  Other / Beginners & Help / Re: 2 btc appear missing from Gdax transfer on: October 13, 2017, 10:46:44 PM
I tried to send 2 btc from Gdax to Trezor wallet yesterday.  Did not arrive.
 The Transfer ID on Gdax is a2dbdd1e-903c-4ac8-82ad-a250894b6250 .
 I looked at Blockchain.info for clues and ID number is faulty.  Does not exist.
 Would be grateful if anyone has suggestion on how to recover coin.  
 Thank you.

The ID a2dbdd1e-903c-4ac8-82ad-a250894b6250 is used only by GDAX. If you want to find your transaction on the blockchain, you must get the receiving bitcoin address (or transaction ID). I don't know much about GDAX, but I'm sure they have information on all of your withdrawals that will include the receiving addresses.
3791  Bitcoin / Bitcoin Discussion / Re: How and where to keep Bitcoins to get free Bitcoin Gold? on: October 13, 2017, 10:37:54 PM
1:1 for the bitcoin to bitcoin gold, what is the estimated value of bitcoingold at the start of fork or airdrop?

It depends on who wants to buy it. If everyone wants to sell and nobody wants to buy, its estimated value is 0.
3792  Bitcoin / Press / Re: [2017-10-12] $10,000 Bitcoin Coming Soon As Bitcoin's Price Rallies on: October 13, 2017, 05:43:23 PM
These widespread predictions of much higher prices are indications of a bubble.

Quote
“I can hear the herd coming,” Novogratz said.
I can see a huge crash coming, too.

Quote
... Michael Novogratz agrees that Bitcoin shows signs of being in a bubble ... he has started a $500 million fund
Selling an investment in a bubble is not very ethical in my opinion.
3793  Bitcoin / Bitcoin Discussion / Re: Hardfork questions on: October 13, 2017, 05:33:08 PM
What difficulty are they referring to?
"Difficulty" is a measure of the average amount of work that must be expended in order to publish a valid block.

My first question is what do companies mean when they say this "we will follow the chain with the most accumulated difficulty "
"Accumulated difficulty" roughly means the total amount of work expended to produce all the blocks in a chain. This is a basic mechanism of Bitcoin that is used to ensure the integrity of the block chain. One of the rules of consensus is choose the chain with the most work behind it as long as it is valid. Since the validity of competing chains in this fork is an issue, assuming that both are valid and choosing the one with the most work is a reasonable thing to do if you want to avoid the politics and taking a side, though it could cause confusion.

And I need to know what does no replay protection mean?
In a fork with no replay protection, a single transaction is valid in both branches, so if you spend the coins in one branch, then you also spend coins in the other branch. Replay protection prevents a lot of confusion, but more importantly (to some) it helps to keep the chain with the lower value coins alive.

WHY IS THIS FORK NECESSARY?
Whether or not this (or any) fork is necessary is a matter of opinion.

How can it be manipulated ...
"Manipulated" is an exaggeration. It implies that some person or group can control where hash power is directed. As we see with the recent BCH fork, miners tend to mine on the most profitable chain and that has resulted in huge movements of hash power between the two chains.

... why do ppl think that the hash determined a consensus?
Hash power is an integral part of consensus because of the rule of choosing the "longest" (a.k.a most accumulated difficulty) valid chain.

3794  Other / Beginners & Help / Re: BITCOIN FUTURE SALE PRICE on: October 12, 2017, 09:05:26 PM
I am bothered about this issue, lets say you want to buy stuff and you pay in bitcoin, how about the price of the commodity price being reduced for a bitcoin user who wants to pay with bitcoin because sooner or later, the price of bitcoin is going to be double the initial amount paid by buyer. So is there a way anything can be done about this issue.

There is no issue and there is no guarantee that the price will rise.

If you are worried that the price of the bitcoins will rise after you spend them, just buy more.

If you are worried that the price will fall after receiving bitcoins, just sell them.

Issue solved.
3795  Other / Beginners & Help / Re: How do I mine btc in easiest way?:) on: October 12, 2017, 07:30:49 AM
If you insist on mining, buy a mining contract in a trusted cloud mining service. Just look for the believable ones. The one's offering unbelievable return are actually scam.


Don't buy a mining contract. They are money losers. You will be better off just buying the bitcoins.
3796  Other / Beginners & Help / Re: [Newbie] What is a Node actually? on: October 10, 2017, 02:05:10 PM
A node is a node regardless of what machine it is running on. The important part is that it is connected and communicating with other nodes.

I remember a long time ago that rcp_user and rcp_password were used for mining, but the mining functionality has been removed. I don't know what else they might be used for.
3797  Other / Beginners & Help / Re: BLOCKCHAIN mining stream! on: October 10, 2017, 01:22:48 PM
Quote
He want me to deposit 0.2 BTC on my blockchain wallet and he will input my email on his miner and he said ill earn around 0.02 BTC daily?!

It is a scam. Do not follow any of his instructions.

I can't tell what is going on from your description, but there is absolutely no way to earn 10% per day, especially by sending bitcoins to your own wallet. If the person is not stealing your bitcoins now, he will be trying to steal them very soon.
3798  Bitcoin / Press / Re: [2017-10-10] Xapo On SegWit2x: We Might Not Treat BTC Chain as Real Bitcoin on: October 10, 2017, 01:05:31 PM
They are taking the most rational approach, even if it doesn't align with a certain group's politics.
3799  Bitcoin / Bitcoin Discussion / Re: Everyone must get asap their coins out from exchanges without replay protection on: October 10, 2017, 12:46:55 PM
Regardless of the upcoming forks, it is generally better to avoid letting others hold your bitcoins for you.

It's not clear why you write that "Xapo seems to not care to protect their customers". According to Xapo link you posted:
Quote
We are going to call the chain with the most accumulated difficulty Bitcoin or BTC . If the minority chain is the one with 1MB blocks we are going to call it BC1 and if the minority chain is the one with 2MB blocks we are going to call it BC2.

As soon as it is safe to send the minority chain to exchanges we are going to make it available to our customers for them to easily sell it or withdraw from Xapo.

Also, Blockchain.info doesn't hold your bitcoins for you. They belong in a discussion about which chains the various wallets are going to follow.
3800  Alternate cryptocurrencies / Altcoin Discussion / Re: WHY SUCH CONTEMPT AND DISPARAGING FOR ALT-COINS?! on: October 09, 2017, 07:30:28 AM
It is easy to dismiss altcoins because most are ultimately worthless and have no reason to exist. While there may be a few viable altcoins out there, they are tainted by all the other crap coins.

The situation for ICOs is similar, but worse. Most of the ICOs are outright scams whose sole purpose is to enrich the promoter. The rest may be legimate attempts but the vast majority of them are doomed to fail. I doubt that more than 1% of the ICOs will succeed.

That is the reality. People bash altcoins and ICOs because it is easy.
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