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421  Bitcoin / Bitcoin Discussion / Re: Bitcoin Transaction Fee on: April 21, 2021, 02:59:08 PM
If you want your transaction to get confirmed on time I guess you are left with no choice than to opt for a higher transaction fee,  the situation is tough on both btc and eth network, untill this is resolved (in the eth aspect) people will continue to pay higher price to get transaction proceed immediately.
Yes that's exactly right that if we wanna make a smooth transaction we have to choose the higher fee. I think both blockchain of eth and btc got higher fees cause the transaction are increasing daily. So the dev need to work woth that to reduce such a high fees.

So if I send $1, I have to pay $20, ok got it, why don't you tell that to the world?

BTC is not for transactions, right? Even at $100, that's 20% cut, visa only charges the merchant 1.5% and the customer nothing.

So BTC ain't for trade,

What about preservation of wealth, you know HODL; The problem here is that their are three classes of BTC, virgin-mined ( worth a lot ), pristine, and tainted, the majority of BTC is now tainted, that is its 0.05, and its been mixed/coin-joined and polluted, IRS-Coinbase will not accept it.

So you HODL your BTC, how do you know in the future the IRS-COINBASE hasn't black-listed your coin?? You don't ergo, BTC is not a safe long term store of value.
422  Bitcoin / Bitcoin Discussion / Re: Bitcoin Transaction Fee on: April 21, 2021, 02:54:04 PM
I read BTC transaction fee's could be cut up to 45% once Bitfarms gets their Argentina setup running..

I was quite intrigued by the story so checking it up..
Bitfarms has acquired (not yet delivered) 49k miners with a total hash rate of 5Exa.
Ok, let's ignore the difficulty adjustment, and just for the sake of comparison let's say it will stat tomorrow to mine to bring back the hashrate in correlation to the current difficulty, their entire farm would be able to fill in just 1/10 of the hashrate that is missing.

As for longterm no hashing power would be able to reduce the fee that much unless by some alignment of the plants exactly on the day of the difficulty adjustment farms that would double the hashrate would come online and this would keep on happening every two weeks, which would pe physically impossible after just a few months.

LE:
Actually, I realized where that 45% comes from,
Quote
Bitfarms Finds Break-Even Costs in Argentina Is 45% Cheaper Than Québec
That's the cost for the energy used by miners, it has nothing to do with transaction fee.

Will just wait it out, no rush at all. Nice experiment.

What if is an experiment of the Chinese government trying to assess what they need to cripple the network?  Grin
Too bad there is so little information on what's for real happening there.



What's happening is that CHINA controls +66% of mining, and the CCP just took baba/ant/bitmain private, and given that +90% of all asic miners on earth are made in China, it means China owns btc, way more than +67%, because they own the worlds HW, they OWN all the Crypto on earth, and can redeploy it as they wish. If somebody in China decided not to cooperate they can be taken out and shot the same day, seen it with my owns eyes. Asian culture does things for the 'good' of the culture, its 100% homogenous, its not a selfish klusterfuck like the USA.

Now ppl talk about 51%, but China has been over 51% forever, but BTC ppl ignore, well they ignored until it was too late.

Argentina will do nothing to the +67% of mining in China, its just rumor, in the meantime China will continue to ramp-up across the board, as they now control all ALT gpu  miners as well as BTC ASIC clones

Now that CCP has taken control of all Mining, ASIC/GPU hw, they can do as they wish, they can mandate software, remember that all bitmain asic boxes call home, all on earth. Jack Ma is out, the CCP now controls.

Ant, Alibaba, Bitmain, its all the same thing, Jack Ma's holding companys own Alipay as well, as China went cash-less years ago; IMHO China will use the bitmain infrastructure to implement their CBDC, two birds with one stone, take out BTC which leaks YUAN out of China, and use the Free Infrastructure to support the 100% China's new 'temporary' digital cash, with limited life.
423  Bitcoin / Bitcoin Discussion / Re: Why are there so many negative posts about BTC lately? on: April 21, 2021, 02:40:52 PM
i guess its because the value of btc goes down a little and people starts to think negative after that but this are not related to doge supporters . btc and doge supporters are infact united because elon support both coins  .
he dont want to dump or pump the other but he is going to move both coins just to be fair . dogecoin is not destroyed but it was build up .
 if we look at any angle theres no way that doge coin can win over btc

Most probably yes the sudden going down of bitcoin market price was the main concern of everyone today. There we have a some thought of selling our coin because we're aftaid that we are not going to enter a bear market. And we can actually see the market movement of bitcoin for the past few days, the last time I check the coin market cup I see bitcoin in a $64k value now bitcoin was in a $54k so this might be alarming. The dominance of bitcoin of bitcoin also gets lower.

I think the newbs piling into DOGE are doing so because its affordable with their stimmy-checks

BTC is not affordable, its a rich mans toy.

BTC PPL are BTC-Centric, 90% of the traders in crypto space, just want to make a quick profit, they don't care about BTC, they know its a geriatric loser

Past week BTC has lost almost 20% ( bear market ), while privacy-alt coins are up 25%/day on average, people are stupid as BTC promoters think

But the real problem is that the $500 guy, has no intention of buy BTC, its off their radar
424  Bitcoin / Bitcoin Discussion / Re: Why are there so many negative posts about BTC lately? on: April 21, 2021, 02:37:30 PM
Why DOGE all of a sudden? It's not like crypto users split into two separate teams: doge and btc. At least I don't think that's happening.
One of the main reasons for negative feedback on Bitcoin right now may be high fees and hung transactions, people tend to get angry about it.
Also, it may be caused by newcomers, who purchased Bitcoin on hype and now feel disappointed because it's not quite what they expected. Especially decreasing price and, once again, the fees may frustrate them.

It's because of MUSK, IMHO it was a joke, he knows BTC is a joke, so he sent DOGE to the 'moon', at $7.50 DOGE will be more valuable than BTC in Capitilization

To $3 will be easy, after that to $7.5 will be easier,

All the 'stimmy people' will see this, and the average holder of BTC is 0.05, so its not like the 'doge' people contribute to the fall of BTC

BTC is going down cuz, MUSK and other whales are taking profits after six months of parabolic gain

..

I dont' own DOGECOIN, just stating the obvious.

It's easy, just like penny stock, for a coin to get 0.3 to $3, its impossible for BTC to go from $55k to $100k in the near future, but highly like Dodge will go up 25x, and thereby bypassing btc
425  Alternate cryptocurrencies / Altcoin Discussion / Re: At $7.5 Dogecoin will be more valuable than BTC on: April 21, 2021, 02:32:39 PM
It's coming quick, Doge will go to $3 easily in the coming weeks, then to $7 is no problem, after that it will be BIGGER than BTC,

Which means that the most valuable crypto on earth, actually admits it a no-value scam, and doesn't even hide, while all along BTC has lied about its utility

Funny the JOKE crypto is more valuable than the 'holy crypto', but the fact is the holy crypto is a worthless dinosaur propped up by a few geriatric whales; dogecoin of course is also owned in majority by just a few people, but at least they're not lying to their buyers

You have no idea how the crypto works. Doge coin will never reach 7.5$. Even 3$ is impossible withing next few years. No one lied about the utility of bitcoin but beware those who are pumping doge are doing it for their own profit. Soon they will leave and dump doge and all the doge investors will be in big loss.

You have no idea how buying works

99% of buyers of crypto are trying to 'get rich quick'

DogeCoin is likely to go up 10x in the coming month or less, on the other hand BTC is likely to go down 10% in the coming month ( BTC went parabolic in the last six months, now the big guys take profits, while they can ); Dogecoin is just the little guys so far, so when the BIG guys step in, it will sky-rocket

People buy into trends, BITCOIN is for old-farts,

Stimmy Checks fed dogecoin, cuz its cheap, at 0.03 just a few weeks ago, easy to buy a lot for a few $100, on the other hand $100 of BTC will not even get you 0.02BTC, and if you do anything with you find you lose 1/2 in fees.

BTC is dead, like it or not, a common shit-coin has knocked btc off the roost.

...

I don't own doge, I'm just stating the obvious that DOGE will soon be more valuable than BTC

I think BTC is also a scam-coin, but doge doesn't hide it, while BTC lies about its use&value,privacy, fungability, and long term store of value
426  Alternate cryptocurrencies / Altcoin Discussion / At $7.5 Dogecoin will be more valuable than BTC on: April 21, 2021, 02:21:43 PM
It's coming quick, Doge will go to $3 easily in the coming weeks, then to $7 is no problem, after that it will be BIGGER than BTC,

Which means that the most valuable crypto on earth, actually admits it a no-value scam, and doesn't even hide, while all along BTC has lied about its utility

Funny the JOKE crypto is more valuable than the 'holy crypto', but the fact is the holy crypto is a worthless dinosaur propped up by a few geriatric whales; dogecoin of course is also owned in majority by just a few people, but at least they're not lying to their buyers
427  Economy / Speculation / Re: Game over to Bitcoin Time to sell all on: April 21, 2021, 02:16:34 PM
What is your source? Why are you speaking so confident? I do not recommend that you take these topics seriously. While so many companies and billionaires are recommending bitcoin, you say bitcoin is dead because the price has dropped for a few days.

https://finance.yahoo.com/news/dogecoin-boom-is-a-retail-phenomenon-driven-by-jay-powell-giving-money-to-everybody-novogratz-says-132821381.html

Source there is your source.

All the money ( stupid money ) that had been flowing to BTC is now going to Dogecoin.


Idiots have found the perfect coin for idiots, and no worry about liars, because is frank about being a fraud of no value, while BTC lies about everything.
428  Bitcoin / Bitcoin Discussion / Is your BTC-HODL on the IRS-COINBASE "NO FLY LIST"??? on: April 21, 2021, 01:59:33 PM
The problem is that BTC has been running lies by liars for ten long years, and there are 21M ( well 2,000+ today, but eventually 21m )  other shit-coins, that have actually listened to the customer (user)

While BTC has gone down past week ( -19%), the GOOD 'real privacy' coins up 25%/day up on average.

It's game up for BTC and the liars who deny its a failure.

Fee's, slow, not-private, not-fungible, not long store value, not safe, easy to hack; The game is up, and everybody knows.

I think the worst is the not long term store of value. Given three different classes of BTC, virgin, clean, and tainted, and most are tainted, that means the majority are worthless.

It means if you long term HODL, you don't really know if your coins can be sold. IRS-COINBASE is going to make it world-wide illegal to trade tainted BTC, and they get to decide, just like TSA NO-FLY-LIST, majority of BTC will be on the NO-TRADE-LIST. Once on the list, it is impossible to clear, and it is impossible to move because the blockchain tracks all. Mixing and/or Coin-Joining these days is one of the things that get your coin on the no-fly-list, thus there is no way to clean the coin, other than sell for cash on the black market at -50% or less, but not knowing if you'll get clean coin, or other tainted coin.

So you hodl today, how to you know in the future if you can sell out? You don't, bury gold, and you know in the  future there will be a buyer.
429  Economy / Speculation / Re: Game over to Bitcoin Time to sell all on: April 21, 2021, 01:54:22 PM
Bitcoin has a massive crash and it's going to be down and down.
We enter a bear market. dark time for btc.
Nope, I'd never see such a huge crash that you have mentioned. We are still at a $55k high, we are still far from the so-called bear season.
Maybe that you are so excited, we're not done yet. Unless if these miners and investors will giving up their hands holding and sell it in bulk that for sure we saw a market crash. But for now, we are still healthy. There are some price corrections but the market recover shortly and this is an indication that we are not yet headed to a crash.


April 20, down to 53K that's a -20% from high($66k), and that be a bear market.

The problem is that BTC has been running lies by liars for ten long years, and there are 21M other shit-coins, that have actually listened to the customer (user)

While BTC has gone down past week, the GOOD 'real privacy' coins 25%/day up on average.

It's game up for BTC and the liars who deny its a failure.

Fee's, slow, not-private, not-fungible, not long store value, not safe, easy to hack; The game is up, and everybody knows.

I think the worst is the not long term store of value. Given three different classes of BTC, virgin, clean, and tainted, and most are tainted, that means the majority are worthless.

It means if you long term HODL, you don't really know if your coins can be sold. IRS-COINBASE is going to make it world-wide illegal to trade tainted BTC, and they get to decide, just like NO-FLY-LIST, majority of BTC will be on the NO-TRADE-LIST

So you hodl today, how to you know in the future if you can sell out? You don't, bury gold, and you know in the  future there will be a buyer.
430  Economy / Speculation / Re: Game over to Bitcoin Time to sell all on: April 21, 2021, 01:31:27 PM
Instead of being pessimistic about what's happening in the market right now, why don't we just pay attention on monitoring the price pattern of bitcoin? Maybe it wouldn't go that way always but at some point, you can use that price movement to determine what can happen next with your holdings. Also, we need to remember how frequent bitcoin's value has gone up and as such things keeps on occuring, correction will surely take place to stabilize bitcoin and avoid seeing it lose control. Soon, bitcoin will stabilize once again or might even go up, so let us just have faith and believe that everything will soon become alright.

Instead of paying attention, why not encourage OP and others like him to keep on selling? Every purge strengthens the floors for us, delays the climb and firms up the charts. I mean, I'm actually somewhat disappointed by the dump/bears, if this is what it takes and this is all it gives, really, I am not entertained.

If only they started using more reputable accounts too. I swear, quality of FUD has really gone to the dogs.

OH, BUTTTTTTTTt this time is different.

Just like Doge, easy to get a 10X from 0.03, to 0.3

Impossible to get anything at $50k, its a slow long slog. The days of big moves for BTC are over, there is no justification in buying this sad, over-the-hill coin, that is controlled by a few geriatrics.

Given that the MAJORITY in the BTC game are low-IQ (the buyers), and have about $1,000 to invest, they're buying DOGE & friends


The thing is BTC has priced itself out of the common low-iq market, to which it climbed to the heavens.

The other thing is while BTC fell from $66k in the past week, most of the better 'privacy' oriented alt-coins, have made daily 25%

Sure the whales, or the early pre-miners got theirs free or close, and have enjoined the constant marketing and PUSH the low-IQ 'gambler' into crypto space, but that money is coming to an end, the stimmy checks are kaput.

...

There is an inflection here, the majority of rich-pll, and high-end types, know the TRUTH, that BTC ain't private, it ain't FUNGIBLE, and its been adopted by the IRS,FBI, & DeptofTreasury.

Real Privacy coins is the future of CRYPTO, otherwise just buy Tether or some other synthetic USD.
431  Alternate cryptocurrencies / Speculation (Altcoins) / 100% Doge will 10X in a Month 1% chance bitcoin will 10% - What will they buy? on: April 21, 2021, 12:59:46 PM
Doge is at 0.3, so going to $3 is super easy ( $7 is critical then it will be on same CAP as BTC )

Bitcoin can't even keep at $54k, most likely will break $50k

There is no basis anymore for BTC to the moon. All they had was first mover advantage, and now that is ten years old


People don't buy crypto because of the traditional reasons, now 99% of the buyers people who want to 'get rich quick', Doge is a sure thing to do the necessary 10x and BTC is helpless at this point it will take an act of god to go back to $60k or above.

Another thing is that all the alt's are up, not just doge at 400% for the week, but almost all the good privacy coins are up 20% for the day on day

It's a double edge sword for people saying "BTC going to make me rich", but the problem is most of the newbs drive price, and they're going to follow momentum and no broken promises.

BTC has failed to deliver.

1.) It's NOT fungible
2.) It's not private
3.) It's NOT cheap
4.) It's not going to go up 10x, or 2x in the future
5.) It's not special, actually this is important BTC-CASH, and other BTC clones have left btc-core in the dust, in terms of support, maintenance and productivity.
6.) The fee's are insane, $20 fee, to send $1; It wasn't supposed to be this way
7.) Three different values on BTC; Virgin, clean, and tainted, the majority of all BTC now is tainted, and as most has been washed, mixed, or coin-joined, and thus banned on IRS-COINBASE. Virgin has always been more valuble, fresh blocks from mining, sold for cash in person in CHINA to the mafia. Clean as snow BTC.
8.) BTC was anonymous, well we know that now that means pseudo-anon, or just a little bit pregnant.

....

I really think MUSK has done a good service to the world by pushing DOGE the ultimate shit-coin, without a purpose, with BTC's limit of 21M coins, DOGE has a limit of like 200M, in fact its safe to say that the CAPitalization of DOGE may come to that of BTC in the coming months.

>>> 129279689645/18687562
6917

So there you go there are 7k more DOGE out there than BTC, so DOGE only goes to $7.5, and its CAP is greater than BTC, chew on that folks, and its going to HAPPEN.

I repeat DOGE is the utlmate SHIT-COIN, even the DEV called it a JOKE, but people, people who buy crypto don't care, cuz they're going to get rich. ( Sure they're going to something, and that is a loss of capital )

So there you have it, the shitcoin of all shitcoin is more valuable than BITCOIN, the coin blessed by the god of scam, flim-flam, and BullShit.
432  Alternate cryptocurrencies / Mining (Altcoins) / Re: Buying asic miners from Alibaba? on: April 21, 2021, 12:16:04 PM
Hi, I'm looking for some asic miners such as Goldshell KD5 & Antminer L3.
But it seems that they are not available and the ones are either look suspicious or high prices

So i found both of them on Alibaba, some are cheap and some abit expensive, my main focus is on the company's profile some of them are 4 years old and even verified, so i was wondering if anyone has purchased from alibaba?

Here's the link to my search results:
 https://www.alibaba.com/trade/search?fsb=y&IndexArea=product_en&CatId=&SearchText=goldshell+kd5

Just remember that if it worked, they wouldn't be selling it, they would run it to death, and squeeze the life, what they do sell is dead machines with the name you want.

Often what you get, is dead, but its not even the name brand they promised, there is no honor, no professionalism, they don't care, BABA is just floating cash, you order, deposit say $1,000, they will not return for 3 months, less 5%, multiply that by millions of customers, and your talking about billiions of dollars of 'float', its all a mafia biz.

It used to be you could complain to your credit card company, but not anymore, I find that almost all the USA clearing companys that process credit cards, are now owned by CHina, if the famous USA brands like VISA&MC, are cleared in INDIA and/or China. So they're not even subject to USA law, or process, who are you going to complain to? You could cancel your card, but its better just to learn who are the ripoff's and avoid them. The problem is with both VISA-MC & BABA, if you make a 'problem' too many times, even though its never your fault, they just ban you, its a numbers game, and they only want compliant sheep, who except being ripped off.
433  Alternate cryptocurrencies / Mining (Altcoins) / Re: Buying asic miners from Alibaba? on: April 21, 2021, 12:09:32 PM
Rip Off pure & Simple

If they do ship, they'll send you something, but it will not be what you want. It's impossible to return, there is no customer service.

Here I'll give you an example, happened to me a few weeks ago.

I saw MSI GTX-1080 boards for $500 new, I figure why not, ordered two. When I clicked the order, it order two sets, one minute apart. I cancelled the second order, but the 'baba' credit-card fee was stuck $40 2X, impossible to remove.

Then I waited the ten days to ship, contacted seller, and asked 'why not ship', he said they never had such product in stock. So I cancelled the order, and again, BABA charged another $40 credit card fee, and not even if they just 'validate' your card, not charge, they still charged the  card, and the card-company said 'no way' will we refund, this is not normal 'fee', I really think that 'baba' owns most of our credit card companys these days, nobody dares to fight them, you can't chargeback like the old days, and you can't file a complaint online, must call, but like a return at COSTCO return you can spend your entire life on the phone, and never talk to a human.

...

So there are many problems with 'baba' these days, first of all there ARE NO GPU-CARDS, or ASIC miners, so if you see one, its either used & dead ( ignore the new ) they can send anything they want.

I buy lots of stuff, but the last few years has gotten worse, I bought big item a last year, came in wrong color, and 10x for shipment than they said, fought the shipment company got it down by 1/2, but when it finally arrived realized it wasn't what was ordered, this seems to be really the big stuff > $500 USD

I notice that small stuff like $10 high power lasers and chips is still ok, I do notice that if you get an electronic thing  ( oscilloscope, power supply ) that doesn't work, you SOL, as you MUST be returned, and its often more than the price you paid to return, so its in the sellers interest to sell you dead equipment.

...

If your really serious about a buy, contact the seller first, demand to know 'do you have in stock', show me a photo, if machine demand the serial-number up front and photo, tell them clear if that SN doesn't arrive you will not pay. Don't pay in advanced set it up so you only pay 10% on order, and then pay the balance at 'ship' demand to see photo of what your buying, and the serial, even ASIC miners and GPU cards have serial-numbers.

The deal is that MOST of the companys selling junk are owned by BABA, so they don't care if your unhappy, and they don't penalize a company for ripping you off, because they own the company.

I really say that unless its a < $50 item with near free shipping, don't buy anything from alibaba or aliexpress these days, AMAZON still has good customer service for now

I tried to buy ASIC miners over the last year also, and I want to make CLEAR I live on the CHINA border, I speak chinese, so this is not a USA problem

The chinese always rip people off, thats how you get rich, when Jack Ma started baba, he followed the western amazon model to build success, I think 'jack ma' has been out of the loop +2 years now, and that is about the time the company has gone to hell. I also note that the CEO of aliexpress in SINGAPORE is now fired every 6 months, and its largely because they want to do right for the customer, but HQ in SHENZHEN wants to screw the customer.

In summary, they get their FEE $40, just for the 'order click', they're done, they don't even fulfill anymore, they don't care, they don't make extra for being a good company, there is no incentive

GIVEN alibaba ain't going to do shit for you, then what you do is find the 'seller' and contact directly and offer to buy direct from them, discuss terms, shipping & Cost, you will probably do better, because you can control the payments like the Chinese do, which is send somebody to the factory to actually see the product before its shipped.

Lastly, there are NO cheap ASIC miners, the s19 is what $5k, mostly what baba is selling is s9's & s3's that are +5 years old, and most are damaged, just junk, but it don't matter, because you can't do anything about it, say you order one sent to USA, you pay shipping, customs & duty, find out its dead,junked, contact the seller, he'll tell you to return, then you find out you can't get your tax back, you get taxed by china for shipping to them and the UPS back to CHINA is more than you paid for the junk. If you do return, I have NEVER heard of anyone getting their money back, as all BABA does is take orders, after that they're done, and SELLER can just deny to you forever that the product came back.

I would say if you want a USED ASIC ( cuz that's all your going to get on baba ) is find one on paypal, and visit the seller in person, and verify it works, and pay cash and take home.

Lot's good ways to order, here in ASIA I can order direct from local warehouses that stock new chinese stuf, but now all the warehouses are empty, there are no gpu cards. Period. Just six months ago I was buying RTX-3070 cards for $400 each 8gb, ASUS, then post NOVEMBER price went to $2,000, now I see this stuff on amazon for $3,000

I have given up on ASIC miners, the only new ones around are AVALON, and I have heard many bad stories, so its not worth wasting $1500 for an s9 clone, that will probably die in a month. The quality has really gone down, in the past year. I think post Trump tariffs everybody saw the writing on the wall, and just started stuffing output boxes with junk. Long before COVID the system had changed, and now its permanently JIT screwed. This could be good, but IMHO what will happen is manufacture will go local all over Asia, especially in Singapore or Malay, where you can go to jail if you rip somebody off. Malay is making some real good electronics these days.

All the BITMAIN stuff on baba is used, old, and dead. As they moved on to the S17 last year, so 100's of 1,000's of s-9's got dumped on the market; the good stuff is not sold, they run it to death, until all the profit is squeezed, then dump it wholesale, and buy new from BITMAIN direct,  but 'they' have contacts, I'm talking about the big miners, of which most are owned by 'ant', who is also owned by TAOBAO, which is the name of the BABA mother company. Everything on the BITCOIN food-chain is owned by Baba, and now the CHinese gov has taken control from Jack Ma.
434  Bitcoin / Bitcoin Technical Support / Re: Can Bitcoin be hacked? Has it ever been hacked? on: April 20, 2021, 07:54:02 AM
There isn't probably a better answer than ranochigo's, but I would like to show you some numbers to convince you that it is true. First things first, you should be more accurate with the topic's title. I wouldn't say that "hacking" Bitcoin has to do with secp256k1 public key reversal or with brute forcing addresses. Generally, the term "hack" is a bit misleading, but it'd have more sense if you were querying about the 51% attack.

Anyway, numbers' time! I'll present you the unbelievably small chances you have on finding someone else's address by comparing it with mining. A legacy address is a 160-bit message digest, represented in base 58. This means that every time you're generating an address you end up with a number between 1 and 2160.

Currently, the mining target is:
Code:
0000000000000000000bef930000000000000000000000000000000000000000

Every 10 minutes on average, someone brute forces a message and finds a hash result that is not greater than the above. By doing the calculation, your chances of finding such hash are 1 in 101,285,384,567,733,327,529,661.

A decoded address looks like this:
Code:
082550c974bbb58589d66ac46ab038ffbf692a04

Your chances are 1 in 1640 (amount of hex charactersits length). Would you like to see the differences?

Code:
1461501637330902918203684832716283019655932542976 (total addresses)
101285384567733327529660 (target)

This means, that despite the difficulty adjustment, it'd be easier (and more profitable) for you to mine 14000000000000000000000000 blocks, than trying to brute force an address. And note the procedure of generating an address requires more computational power than performing sha256 twice. (for mining)

That's NOT TRUE.

First you make the mistake to think that people are only looking for one key at a time, with 64GB bloom-filters you can scan 512MB keys all at once in a non-second and determine whether the current random guess is in the pool

Second there are many ways to "HACK" ECDLP using MATH, too many things to mention, I would just say google the lit on the subject "Discrete Log problem ECDLP", the NSA has been been doing this stuff since 1950's, and they have hired 10K math-sci ppl to work on this stuff

Third MINING was profitable during pre-mining stage, and say now when the remaining blocks get smaller, and the difficulty increases it makes more sense to target the block-chain, rather than try to mine; Your all lucky right now because BITCOIN is ASIC and that means the HW can't be reployed to do anything else than hash,

Hashing has nothing to do with hacking bitcoin, hashing is like 1% of the BTC source code. Hashing is just a one-way trap door that takes a random 2^256 number (sha-256 NSA) and randomizes it as a nonce. So, what? Difficulting just means how times you have to hash to have N leading zeros? So what?

...

Hacking BITCOIN is on two levels, one level is generating keys and looking into a super-large bloom filter to see if they're is an active address from that private-key. Right now I'm finding 2500MB/sec matches on RTX-3070 class cards. But note here I'm checking 350M keys per secon on those 2500MB/sec cycles, thus

That be 750,000TH, the current S-9 is what 12TH, that's from one RTX-3070

The problem is this block-reward goes down, the chance of hitting a high value address in time goes up. There are two curves here, and we passed the inflection point years ago.

...

The 51% doesn't have anything to do with hashing, or mining. It just say's that IF more than 51% of  the minors aren't colluding, then the system is FAIR, but the system ain't FAIR, cuz CHINA controls 67% of the MINING, and actually more given they make the worlds BITCOIN ASIC HW.

To date China has just cut the power to the miner's  in regional area's and you see BTC fee's go astro, I think for right now the CCP knows it owns a golden-goose, so why not ripoff the gwai-lo while you can for as long as you can, but be sure the plug will be pulled.

CHINA CCP goes slow, they just took ANT-BITMAIN from Jack Ma in the last six months, they need to study, and decide who they trust to re-deploy the new use of the HW, or they might just cut the power, and shut it all down. IMHO it would be more logical to seize the infrastructure and re-purpose it, given that Jack Ma, put backdoors into ALL BITMAIN ASIC miners, it only seems logical that he help the CCP take over the worlds digital mining operation. It's either that or he dies.



Is it true that people can get private keys from public keys?

That people can randomly generate privates keys and match the generated addresses to valuable addresses? Is any of this true?

Well the 'woke' run BITCOIN, and if they say its never been hacked, then let that be so.

But between me&you, lets just agree that to date a majority of BTC in all hits history has been stolen. The majority of all coin has been tainted, and is now unclean in the eyes of the USA Dept of Treasury.

Then there is the current problem of mixing, once mixed or 'tumbled' its tainted and the IRS gate-keepers like COINBASE will not accept tainted coin ( addresses ), guess what majority is tainted, so then you have to sell on the black-market and get 50% on the dollar for post.

Then you have the Chinese running 67% of the worlds mining cap, and owning 90% of the worlds ASIC mining hw, and they're generating pristine coin, that has 2X the value that of 'good coin' as defined by IRS(COINBASE) gate-keepers.

So now you have a three level price or value of BTC, it was NOT supposed to be this way, all BTC was supposed to be of equal value. But the 'woke' will deny this.

There's a river in Bitcoinia called the 'denial' and most drink the water from it.

To question Bitcoin is to hate Bitcoin, so say the work. To hate Bitcoin goes against god. Now all know where that leads.

Then they say if you don't worship BTC its because you weren't an early player. They assume that everybody on earth only eats & sleeps in order to ripoff their fellow human beings, lots of people on earth dont' care about money. But you can never explain this to a Woke-Bitcoiner.

So I ask again? Has Bitcoin ever been hacked?

The thing about the 'woke' is they ignore history, all history. They say "History is for the Haters". Go figure



Is it true that people can get private keys from public keys?
Yes and no but the current computing power it will take a billions of year before anyone can achieve that but if quantum computers is create there's chance for that to happen and it will take more year's than expected before that happen.



That people can randomly generate privates keys and match the generated addresses to valuable addresses? Is any of this true?
No

Have you actually done the math?

The 50% odds ( birthday ) problem for running on an RTX-3070 with bloom-filters that have all the addresses of value is about 10,000 days. Now if your running lots of racks, with lots of rtx-3000 class cards your talking rather quick.

The entire narrative of billions of years is if your looking for ONE COIN, but only a fool would look for one coin. The entire purpose of computers, especially these days with cheap memory and GPUS with 5,000 cores, and bloom-filters with 64gb, which lets you verify 2000M keys in a nanosecond as to whether a key is in set of keys of value.

All the code on GITHUB plays the same game, even the ever popular bitcrack, brute-forces one at a time, even the Kangaroo only checks on public-key at a time. This is insane, its almost like the narrative is held, because nobody knows how to code, and everybody is spoon-fed crippled software.

Has BTC been hacked? Hell Yes, is it being cracked? Hell yes, is it being crack or hacked by anybody on this forum? I doubt, because they're believers of the woke paradigm, that's designed for fools to believe.

The problem of course is this means that even BITCOIN core is controlled and maintained by the same fools. What does this say about the future of Bitcoin?

Lastly there is no such thing as a 'quantum computer', right now they have 8-qubit computers that cost $1m USD, in order to have a functional quantum-computer to hack bitcoin, it would have to have 4 billion or more qubits. This will not exist for perhaps another 50 years. So nobody even needs to talk about Quantum-Computers because they don't exist.

But NVIDIA graphics cards are 10X'ing every year in terms of their hacking bitcoin's ECDLP algo, so today's 1,000 days will soon be 100 day, and then 10 days to hack bitcoin addresses

[moderator's note: consecutive posts merged]
435  Bitcoin / Bitcoin Discussion / Re: Is China's support for Bitcoin really a bullish sign? on: April 20, 2021, 07:33:21 AM
They learned they can actually control it.
Control. Could you explain how China can control Bitcoin and its network, please. You believed they can so you do have your reasons for this thought. Can you share with explanations?

I don't think China or any nations can control Bitcoin. They can create news, policies to manipulate the price in short term but in the long term, none of them can prevent Bitcoin to reach $1 million.

One donator made a price prediction in 2011 that Bitcoin will touch $65,000 that is the price for this year. He is a time traveller. You can predict and become another time traveller.
1 BTC = 65000 USD!

By DEFN anybody that 'controls' +51% of BTC, controls the blockchain, and its decision process; Its consensus process and all. People here think that the 66% that control BTC in China will not work together, YOU must remember the ASIAN mindset, if you don't do what your told you will DIE, note that Jack Ma, once the richest man in CHINA is gone from public view, they took him out to make an example to everyone. Don't think for a second the CCP isn't playing a life and/or death game here.

By DEFN, by Satoshi's white paper from 2009

China control +67% of BTC mining in CHINA, worst of all CHINA make +90% of all the worlds ASIC bitcoin mining hardware, and it all 'calls home to mom'

In summary, ANT(alibaba) owns BITMAIN. the CHINA gov just took ALI-PAY (ANT) from jack-ma; CASH is already GONE in China, they 100% use ALIPAY on their mobile phones, soon they'll be using CBDC(china-crypto), so called 'digital-yuan', that self destructs after issuance, so it can never be used as a store of  value.

China(GOV) CCP can now re-deploy if they wish their CBDC ( cross border digital currency ) on BITMAIN hardware, and all the other minority like Avalon, ... and on that HW they can deploy THEIR code

Or if they want to have fun they can just shutdown their 67% of the world mining for a few weeks and watch fee's go to $1000/transaction

IMHO its what they have been doing all along, milk this baby until its DEAD, much of the money floating BTC to $65K came from uncle-joe stimmy, and orange-don (old skool mob), uncle-joe is 100% CIA, orange-don, well he's old skool FBI, j-edgar-hoover; Recall that CIA director casey said a few years ago "When everything the USA public thinks is true is a lie, then our mission will  be complete", with the new CIA school of woksterism, tehy're 110% their

The reset is all about transferring FINANCIAL basis from West to East, this has been well planned all along going back to 1950's setup by Rockefeller (BigOil), who paid for Mao, and Chiang-Kai-Shek, as its said, the CIA always hires the two worst bullys in any country to beat each other to death, destroy the country, and then the CIA owns the country; Once Mao consolidated power, and killed all CIA opposition ( 30M ppl ) Nixon brought in the USA to liquidate and setup factorys, and move USA production to Asia, reducing labor from $10/hr to 1 cent/day

How does CHINA protect its own people, they're told to buy GOLD, everybody in ASIA owns GOLD from China to India, down to Malay; Only in the West are ppl told NOT to own gold.

So when the smoke clears the west will own virtual-wealth, and the Chinese will own the worlds GOLD.

ASIANS will become the owners and USA will become the largest walled whore-house destination for sex-tourists on earth, not unlike Macau near Hong-Kong.

I think the really interesting thing here in the short term is what CHINA-CCP will do with the BITMAIN(all of the bitcoin mining HW on earth), how will it be deployed??

Think about the USA, CIA-NSA creates BITCOIN, and normal guys create exchanges and the IRS steals COINBASE and is now the USA gate-keeper for BTC in USA; Build it and they will come, is now build it and they will come & steal it. What CCP has done to ALI-ANT is exactly what the IRS ( USA MAFIA ) has done to Mixing companys and exchanges on USA soil.

It's all a big-club, and like George Carlin once said, none of you will ever be members.

None of the worlds BIllionaires believe in borders, that's why they all have private property on Hawaiian Island(Gates), or New Zealand(Musk), to wait out the reset during the coming USA civil war.

Just for fun google Rockefellers famous quote "That funding Mao to power in China was his greatest experiment", this is exactly what Prescott Bush said in 1920's when he brought Hitler to power. Almost all the war's and power grabs in history have been financed by a few rich guys in UK. It used to be called East India Company, now its just called CIA, or the Company. Just like the Opium crisis today in the USA, its exactly how they destroyed China in the 1880's.
436  Bitcoin / Bitcoin Discussion / Re: Is China's support for Bitcoin really a bullish sign? on: April 20, 2021, 02:12:04 AM
The reason that China supports bitcoin is because it threatens USD as a reserve currency and they are going to use bitcoin not like what OP says but they are going to definitely use it in their financial war against US and China as we know is taking over really fast right now.
~
You good bro, you look like you got left behind in the bitcoin hype so you have no choice but to hate bitcoin with all of your being. What is the truth then and why is the truth not yet published, we should have a physical evidence of the truth because if there is none then probably we won't see it come to light and no one will probably believe you.

R U 'woke' bro, u talk like a woke man

I don't hate anything, I just tell the truth, that BTC is NSA created, SECP256k1&SHA256 are the backbone of BITCOIN, and both were created by NSA

There would be no BTC had it not been created by NSA, there would be no Satoshi had they not had these alogs on the shelf.

Why do you 'woke' people talk about hate, I'm a computation math-physics person, I dont hate any form of math, but I know who funded every crypto on earth, and I have been writing crypto since 1970s'.

U seem to be 'woke' because your entire narrative is 100% built on lies.

The Chinese gov hates bitcoin, that's why they shut down jack-ma, and alipay, and 'ant', did you know that ant owns bitmain, the company that make almost all the miners on earth? Why do you think they took over?? Because they don't want the 'west' to control

The Chinese are just beginning, but they'll replace bitcoin, with the ant/alipay infrastructure with their  own crypto that I have already described.

Lastly, do you have any idea how hard it is to have a conversation with a 'woke' un-educated bot?
437  Bitcoin / Bitcoin Discussion / Re: Is China's support for Bitcoin really a bullish sign? on: April 20, 2021, 01:39:20 AM
The reason that China supports bitcoin is because it threatens USD as a reserve currency and they are going to use bitcoin not like what OP says but they are going to definitely use it in their financial war against US and China as we know is taking over really fast right now.

Or to put another way the reason the NSA-CIA let CHINA run BITCOIN is so that the YUAN would leak out of  CHINA, making it weaker and thus prevent china from becoming an economic super power

Hong-Kong being a british colony (pre 1999 on paper, but still UK hasn't let go on the streets ), and still largely under MI6 control pushes your narrative, but don't worry HK has the CBDC where thailand&hong-kong  ( later all of ASEAN will use this new crypto ) are dry running their own crypto, and china has their own crypto; But don't worry the Chinese gov is quickly 'sanitizing' HK and getting rid of all the UK-US intel propaganda, and broadcasters.

USA is going nutz, cuz the ASIAN CBDC's are going to bypass the NSA-CIA btc scam

Where is BTC in all this? Which one you mean the 21M scam-coins? or the first one released by NSA( NakamotoSAtoshi); BTC was always a field test by NSA to see how long it would take to crack SECP256k1 & SHA256, once they're defeated, then BTC will die; If I were younger I would be working on a super-btc that couldn't be controlled by NSA

The chinese cryptos don't really care, because they're designed to self-destruct, so they violate the entire principal of BTC, which is a store of value.

My beef with BTC old-farts who run the btc-core is their entire narrative is built on lies

BTC is NOT safe
Btc is not private
btc has been hacked millions of times
BTC is tracked more than US cash
BTC is NOT a replacement for gold

I mean every single thing the BTC marketing ppl have pushed down are throats 10+ years now is a LIE.

What can you say, about a real crypto with a real permanent store of value?? I don't know. I see DOGE going astro that is 100% BS, shows you this entire space is about to implode.

Ethereum is no different than BTC, controlled by a few ppl.

All the other 21M scam-coins, are ran also by scammers all over the earth, the only coin I respect is HORIZEN, I thin they have a good heart, and its mostly guy out of US-NAVY intel that put it together, same people who created 4chan, & 8chan; real smart psych ppl, but they have a good grasp on reality, and they don't do what they do for personal gain.
438  Bitcoin / Bitcoin Discussion / Re: Is China's support for Bitcoin really a bullish sign? on: April 20, 2021, 01:25:37 AM
You will probably hate on me for this theory.

Why did China come out supporting Bitcoin?

Simple.

They learned they can actually control it.

The recent "blackout" in mining province was a test on how much they can pull off.

With success they caused 40% drop in hashrate and drop in price.

So they might have even bought some at this point.

1) They own some

2) They know they can control it

China's support is actually a really bad sign.

Why am I wrong?

Let's see CIA-NSA create bitcoin, and name it after a japanese guy ( 99% of chinese hate japanese, study "rape of nanjing" )

+66% of all btc-mining on earth takes place in China, +90% of all BTC hw on earth is made in china, which means all back-doors to mining is under china control, 51% means that China run's BTC

The problem for BTC community, I call that the geek day-traders ran by COINBASE ( aka IRS USA-Treasury ), is that they're fed a pile of bile 24/7

IMF announced BTC in the 1997 paper, satoshi paper in 2009, doesn't even mention the IMF paper, as satoshis paper was 90% cut&paste of the IMF paper.

Rockefeller created MAO modern China, reset is to flip economic power from west to east, then rinse & repeat. This is how old money keeps the trust funds runnng for generations.
439  Bitcoin / Development & Technical Discussion / Re: BitCrack - A tool for brute-forcing private keys on: April 20, 2021, 01:18:32 AM
that is a goog question. is it possible to speed that up, comparing two list with millions of lines?

If you sort the file and use binary search to look for each item in your list then your runtime becomes O(log2(n)) for each  for each entry and so you're going to have a maximum of O(NumberOfAddresses*log2(n)) as your worst case runtime. It's really not slow, that's about 30 units of time to search for an address in a list with 1,000,000,000 lines in it.

Actually fitting all that into memory is going to be a problem though. There are some algorithms I read in a Knuth book about on-disk sorting but they're very old and I think they may have to be adapted for hard disks instead of tapes.

You can't search for a h160 address in a 300gb file, you must map the file to binary. Then the file will be 10gb, and it just takes a second to yes/no whether that h160 is in the list of 300M addresses.

Early brainflay github had a tool called 'binchk' using xed ( linux ) you convert the 300gb file to uniq-hex, and get the .bin file, use binchk

Brainflayer needed to use this because the 512mb bloom-filter they use, only allowed about 10M addresses before false-positive went astro, with the binchk you can take the false positives and very if any of them are real postive.

The bloom-filter is super fast, can work on GPU, but the false-positive is high.

No point in using binary search on text, just use the model described.

Today when I scrape the blockchain, I get about 300M addresses, but after you do the "sort -u", it will be slightly less, but you also need to run a client on the memory pool, to constantly add the new addresses to the bloom-filter.

If you comparing lists with 300M lines of hex, and/or search its much better to use bloom-filters and binary search combined, drops the 2+ hour search to seconds.
So you are storing and searching 300 Million addresses? How many of those have a balance? Are you just looking for a H160 collision?  Curious to know why you are doing what you are doing; doesn't seem like the typical trying to find balances.

I'm seeing 10,000MB-sec rate of addr-priv compare on a rack of 4 rtx-3070, check 300M all at once, means I'm running 30*10^20/sec addr-priv key compares,  birthday problems says 50% prob in a field of 2^128

You hit lots of addresses with value, problem is most addresses have 0.05 or less, and the number of addresses over 1 is 1,000's, and the number of addresses with say 0.5 or more is probably 10,000, the odds of finding 1/10,000 in 1/10^38 is rather nil

You can find dust, but I don't do this for money, I dont' even have an exchange account, I'm just doing this for commutational-fun

I think if you 'scale' that is, if somebody has a GPU farm, and they re-purpose dozens of GPU racks to this, they could probably find the majority of value quite quickly.

The problem is there are only a few thousand super high-value addressses left, 5 years ago there were 1,000's of satoshi virgin 50+ btc public-keys, today there less than 900 and dropping monthly, so somebody is trading out these addresses, and it ain't satoshi

...

To answer your question my god, nobody is storing 300M addresses, learn what a bloom-filter is & does, its a way of compressing 300M address ( 300GB hex-text file ) into a 16GB binary file that can say/no in nano-seconds rather than hours

It's really frustrating on this forum because most people don't bother to learn, and the moderators censor anything that rises the minions; The majority of legacy bitcoin-core is dedicated to status-quo, so sure they'll all just get old & die, thank god for young people. "They" don't want anybody to know the real, the entire BTC paradigm is lies, on lies, and anybody that say's the emperor has no clothes is silenced.  Too many vested interests, how is this any different than the people who run the Federal Reserve Bank???
440  Bitcoin / Bitcoin Technical Support / Re: Can Bitcoin be hacked? Has it ever been hacked? on: April 19, 2021, 03:40:24 AM
Well a better argument is 2^256 is 10^77, and there are 10^76 known sub-atomic particles in the known universe ( that we can see and/or estimate )

So finding that 'key' of 10^77 permutations is like finding a lost electron in the universe, which is far more complex than just sun.

...

Obvious history is that brainflayer found 1,000's of bitcoins, because people used low-entropy keys generated from human dictionarys

That hack now is game-over

Say there are 300M addresses, but I would say less than 10k have real value, so randomly you your looking for 3*10^8 objects, lets say your gpu generates 2500M/sec as hashes, and tests them on a onboard bloom-filter, so in parallel if you have say 4 rtx-3070's, that's 10,000MB/sec, or 10^10, so now your down to almost 10^20, birthday problem says your hit has probability (10^35) 2^128, so your down to 10^15, you got 86400 seconds a day, so 10^5, drops you down, so now down to 10^10 days

I think if that typical mining farm using GPUS if they repurposed from mining, to scavenging they would have a pretty goods odds of hitting an address frequently.

However here we're assuming complete random choices in the region 2^256, if you restrict your generated private-key values to known regions the scope of random choices is reduced. A good example here is ML, using rnn to train an algo to map private-keys to public-addresses, the ML can estimate like areas to search, not unlike baby-step/giant-step
...

Then there is the more direct approach, use math, e.g. pairing attributes, and endomophisms of secp256k1 while safe, there are fields that have order N equal to P-1, P, and P+1, where the field can be mapped to a finite-field from the elliptic-curve field. While the nearest N=P to secp256k1 is very far away, there are many p+1 that are near secp256k1 prime

p = 0xfffffffffffffffffffffffffffffffffffffffffffffffffffffffefffffc2f
n = 0xfffffffffffffffffffffffffffffffebaaedce6af48a03bbfd25e8cd0364141

Once you have a ballpark estimate of a solution of a map from public-key to private-key in a region near secp256k1 prime, then you could use a range ECDLP algo like pollard's kangaroo, which only has a scope of 10^40, which means that your 'guess' has to be with 2^40 of the key, which is in the space 2^256

How do I know this stuff works, last year there are were over a 1,000 first gen satoshi +50BTC addresses with value, today its less than 900 and dropping weekly, so somebody is doing it.

Recall that prior to say 2014, the blockchain contained the public-address, now its hashed.

When hacking bitcoin if you have the public-key, then you can use 'math', otherwise if you have the hash, then you must do random guestimation, but the 'first guesses' can be in regions known to be used by real world keys.

The secp256k1 elliptic-curve contains 1,000s of endomorphisms, not just 1/3, or 1/6; all these generate unique patterns, like the chosen generator being a multiple of a small number.
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