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4241  Economy / Trading Discussion / Re: 1$ per day crypto investment plan any good ? on: March 17, 2022, 09:14:26 AM
Is 1$ investment in crypto every day enough? I'm making up to 10$ per day and I don't want something that will tie me down financially since I have other things I'm using the money for aka responsibilities so all I can afford is 1$ per day, also is BTC the best option with this 1$ per day?

It's clearly better than nothing. "Enough" really depends from person to person and from country to country.

Also be aware that you probably won't deposit each $ separately, won't buy BTC for each $ separately and the withdrawals to your own wallet are not cheap, hence you'll have to check all the fees involved and plan accordingly. For such small amounts the fees can be a big problem, especially if you are not super-careful.
4242  Other / Beginners & Help / Re: Receiving and Sending BTC Anonymously? on: March 17, 2022, 08:39:57 AM
That means using even a new nano ledger with a new seed or create a new electrum wallet with a new seed won't cut it... is that correct?  

1. If you use it "normally" there's a chance that the transactions will get linked.
2. If you make a new seed in an Electrum under TOR, probably it won't be linked to the rest.
3. If you use your own Electrum server, then it won't matter you have a new wallet with new seed
or a new address in an old wallet and you take good care to not use it together with other addresses from that wallet,
in both these cases you're good (cannot be linked with your old stuff).

Obviously [2] is easiest for you. (You can look for Tails OS, it should contain an Electrum already set up with TOR, just you cannot verify it so I suggest you use it only with small funds.)

I don't have a clue about wasabi wallet.  But do people here even use it?  There is no point really of this then right since it would seem complicated?

Wasabi is not bad, but my personal opinion is that's not for you, at least not yet, until you understand more here and there.
I've never used Wasabi. Imho you can mix better with actual mixers; imho you don't need each and every input mixed, so using Wasabi on a daily basis is overkill. Also at Wasabi you pay a (tiny) fee for the mixing (more than just the tx fee). And, as a horror story, this user has been using Wasabi without enough knowledge (well, Electrum too), and now he's missing money, he's lost and it's not easy to help him.
4243  Bitcoin / Electrum / Re: [Unsolved] Electrum LockTime? Change Adress? 1,7BTC are away? on: March 17, 2022, 07:44:59 AM
-----bc1qma22seqtka0kn8z7znuqqlze3tgtg2ag2jus3y this address is a change address from Electrum, which I have activated in settings to make it difficult for third parties to see.

This was the only useful answer you gave me. And btw, there's no such thing as "I have activated in settings to make it difficult for third parties to see".
So, if I understood correctly, you first made a transaction to yourself, from Electrum to Electrum.
Was it a new Electrum just installed? Can you please tell more about how you "activated in settings" that new address to send to? You did that in Electrum?



Another direction: you wrote now that you have 1.6 BTC on wasabi and 0.38 BTC on Electrum. Before you wrote that you've lost 1.7 BTC. It doesn't make sense. Have you lost 1.7 BTC, have you lost 0.1 BTC? Did Santa bring you some extra 0.28 BTC?! With this style of writing, you should not wonder than people doesn't attempt to help. It's an big mess with no logic. Please improve that.
4244  Economy / Economics / Re: US warns India over oil deal with Russia on: March 17, 2022, 07:31:52 AM
USA could afford to make a deal with Venezuela, what should India do? Just get even worse in economics? I mean we are talking about a nation that already seen enough poverty, and maybe it is better today than 100 years ago, but it is still not good enough that poverty would be gone, there are still tons of people in poverty, even though they now have a lot of rich people as well.

They need to get as cheap oil as possible, as cheap gas as possible and even get as cheap wheat as possible if offered, they need to get under market value everything from all around the world not caring who offers it. That is how you grow as a nation and be better in the future.

Sorry, what?! Poor people exist all over the world. Do you really think that I just love to pay 50% more for gas, do you really think I love to pay more for electricity, heating, food, ..., while my income doesn't change a bit?
But we have to show we are not selfish, he have to show we care about the others, even if that makes our lives too much harder for a while.

I guess that's not the case for India, right, because they want to feel special.
And the world doesn't owe them anything, the world doesn't have to provide anything. Want me to be harsh, here I am: stop multiplying like rats, start asking more money for your work and elect politicians that do more and steal less. This is something you have to do for yourselves, not waiting the world "care".
4245  Other / Beginners & Help / Re: Why Are Internal Transactions In Exchanges Free? on: March 17, 2022, 07:25:47 AM
How does the exchange generate the addresses and assign to new users? What sort of wallet does it use?

Also if I check on the Blockchain, will my address in the exchange be there? Will it continue to show the changing balances as I transfer from one account to another in the exchange? I noticed thag the exchanges keep changing the deposit address during a period of time.

First of all: I've never seen the internals of an exchange, hence all I tell is what I'd expect to see in there. Probably some parts are simplified because I don't know whether they integrate some automation in the handling of their cold storage, for example.


For Bitcoin they probably use Bitcoin Core because I don't know any other wallet that can handle such load. They probably use it with a software built on top of it (probably something custom, but similar to what I'd expect from an e-commerce package). They have to use many more wallets to cover all the coins they operate with, for allowing deposits and withdrawals.

At the request of the exchange platform the wallet can create a new receiving address and hand it back. The exchange database will contain an information for each user (and each chain/coin) : a list of addresses (it has to be a list because if, for some reason, you are allowed to change address, the old one should still work for deposits).. And the wallet or a software on top of the wallet will monitor each new block. When a transaction comes to one of the monitored addresses, the exchange knows; when the transaction reaches a certain number of confirmations, the exchange software will credit the user's account with the corresponding amount.

So yes, your deposit address is a valid address on the blockchain and you can see on any block explorer all the transactions made with it: your deposits and also withdrawals of the platform, probably triggered by other users.

When you transfer from one account to another inside the platform, as already said, you don't transfer money from that address, you transform "numbers" from the exchange's database (the money your account was credited with). So no, if handled correctly, in-house transfers will not be visible anywhere.

Changing the deposit address is a good practice and helps for your own privacy. As I wrote, if handled correctly even the old deposit address should work (but please don't count on that, read what the specific exchange tells). And as I wrote, it doesn't matter what's the deposit address, since after the deposit has the number of confirmation it no longer matters what has happened on that deposit address (probably the funds will be withdrawn for other users), since your account is credited (the amount = number is written elsewhere in their internal database, related to your account).
4246  Bitcoin / Bitcoin Technical Support / Re: blockchain size on full node on: March 16, 2022, 05:59:38 PM
In case it helps, I have 418 GB blocks, 4.5 GB chainstate and 34.2 GB indexes (yes, I have indexes on). But (for personal reasons) my blockchain is not synced for 2 days, it was stopped.


PS. Beware that depending on how the HDD is formatted the actual size on disk may differ a little from one node to another.
4247  Economy / Economics / Re: Ukraine has legalized the cryptosector on: March 16, 2022, 05:49:11 PM
Just a heads up, I know it's different board and maybe different aim, still, it's also being discussed here: https://bitcointalk.org/index.php?topic=5390003.msg59545654#msg59545654
4248  Bitcoin / Electrum / Re: [Unsolved] Electrum LockTime? Change Adress? 1,7BTC are away? on: March 16, 2022, 05:46:23 PM
hello ?

It is quite difficult to follow what you write... and I'm not so familiar with Wasabi wallet.

So you sent 1.7 BTC from your Electrum to your Wasabi.
Is bc1qma22seqtka0kn8z7znuqqlze3tgtg2ag2jus3y an address in your Wasabi wallet? (Is this your transaction?)

Afterwards the money from bc1qma22seqtka0kn8z7znuqqlze3tgtg2ag2jus3y was somehow sent in various directions, which may be normal for CoinJoin Wasabi does. That part I cannot follow - exactly because of the CoinJoin - but:
* the whole money went from bc1qma22seqtka0kn8z7znuqqlze3tgtg2ag2jus3y to bc1qd4utkg8x75275jju5n484adkck6jhyf7ra23qn (2022-03-09)
* then from bc1qd4utkg8x75275jju5n484adkck6jhyf7ra23qn to many other wallets in many steps (2022-03-10)
* then later (2022-03-14) bc1qd4utkg8x75275jju5n484adkck6jhyf7ra23qn has received 0.00001 BTC (but it may not matter if it's not your wallet)

I don't know how long it takes to mix your coins, but this looks either like a Wasabi/CoinJoin problem if bc1qma22seqtka0kn8z7znuqqlze3tgtg2ag2jus3y is your Wasabi address, either like a clipboard malware if bc1qma22seqtka0kn8z7znuqqlze3tgtg2ag2jus3y is also an address you don't know.

Can I use the xpub key to check if the address belongs to my wallet? Please it must be a mistake, have been saving for this for a very long time. Can't just lose 60k, my life is fucked.

You can import xPub into Electrum and check there. If it matters, as long as it's only xPub you're safe.
But I'd start with checking where bc1qma22seqtka0kn8z7znuqqlze3tgtg2ag2jus3y belongs to. Then go step by step.
Your strange way of quoting + long texts make things a bit hard to follow.

Could it also be software errors or is my PC infected by viruses?

It can be many things, but without knowing which transactions are yours and which addresses are yours I won't tell more because I can be very wrong.
4249  Bitcoin / Bitcoin Discussion / Re: Ukraine: Zelensky signed the law "On virtual assets" today on: March 16, 2022, 05:04:02 PM
allows banks to open accounts for crypto companies, allows Ukrainians to protect their investments into virtual assets and means that the state guarantees court protection of the rights related to virtual assets.

It's a bit sad that war was needed for some open their eyes on how useful can crypto be, however, it looks like a great development.
From what I know crypto was not illegal in Ukraine, but from basically nothing to the state explicitly guaranteeing protection for the rights over virtual assets is an interesting step forward.

I'm not sure I understand what's the difference between this and the law which the parliament passed like a month ago[1]?

I would not be surprised it's the exact same law. After a law has passed by the parliament has to be signed by the president (at least that's how it goes in my country, probably it's the same in Ukraine).
It's the small final bit to become actual law.
4250  Other / Beginners & Help / Re: How can I identify a closed or open source wallet on: March 16, 2022, 01:40:36 PM
I'm tired of people saying the difference but not how to identify a closed or open source wallet.

Basically an open source wallet has the source code published. You can look on their website and see if they have link to GitHub (or similar platforms?) for the source code, you can go to Github and search yourself for the name of the wallet...

But there are risks:
* some wallets are only partly open source
* some (fake) wallets just put something, anything to git (I've seen directly a zip with the exe once in the past) to trick newbies
* you can find on git a lot of clones, some maybe even malicious of the actual wallet
* the presence of source code doesn't mean 100% that the binaries were actually built from that source

All in all, no matter how much you hate that people didn't telly until now what to look for, you will most probably have to rely on others' expertise whether a wallet is indeed open source (and legit).
4251  Bitcoin / Wallet software / Re: Best BTC open source wallet on: March 16, 2022, 01:19:12 PM
You can connect a full node to certain hardware wallet software.

Here is the guide on how to do it for Ledger Live. Apparently, it's not working properly

If one indeed wants to have a Bitcoin full node and use it with a hardware wallet I think that it could make more sense to install an Electrum server and use it with Electrum (or maybe Sparrow), especially as Electrum works very nice with hardware wallets (and unlike some other options it's also open source).
4252  Economy / Economics / Re: US warns India over oil deal with Russia on: March 16, 2022, 12:53:57 PM
White House Press Secretary Jane Sackie said, "We believe that India will not violate US sanctions by buying oil from Russia through discounts." However, he warned India that such a move would lead the world's largest democracy to the wrong side of history.

India's largest refiner, Indian Oil Corporation, bought 3 million barrels of crude oil from Russia, Reuters reported on Monday. This is the first such transaction since Russia launched an operation in Ukraine on February 24. Indian officials also told Reuters that Delhi could accept Russian offers for oil and other products at a special discount.

Link: https://www.independent.co.uk/news/world/americas/us-politics/russia-india-oil-deal-us-psaki-b2036822.html

As long as other countries, most known being Germany, keep buying gas and oil from Russia, I'm not convinced that India will care that much about all this. India can easily point fingers and shrug. They'll probably need something more palpable from the richer guys - either a better offer, either some clearer threats - in order to get to care.

Unfortunately the countries and politicians are not as nice, good-willing and united as we'd like to believe. Everybody goes for his own interest as long as it doesn't look so bad to the others, and sometimes even if it looks bad it doesn't matter.
4253  Other / Beginners & Help / Re: Why Are Internal Transactions In Exchanges Free? on: March 16, 2022, 11:34:33 AM
Why are transactions from one account to another in the same exchange free?
I understand that it could be due to the transfers taking place in the internal database of the exchange. It is not updated on the chain.
Is it only updated on the chain when a withdrawal takes place? How does it actually work?

First of all, the address you consider "your address" at an exchange it's not yours at all, it's the exchange's. It's a deposit address for your account. That means that the coins you put there are afterwards (automatically) credited into your account on the exchange's platform (they become entries in their internal database).

This means that when you send to another user they can easily adjust their own database so user1 has less coins and user2 has more coins.
Similar adjustments of values actually happen when you trade too - just 2x adjustments happen for both seller and buyer (+coin 1, -coin 2).

Those numbers become your coins only when you withdraw (and you'd be surprised, it will most probably happen from other addresses than you deposited to).
4254  Other / Archival / Re: Request for Ukraine local board on: March 16, 2022, 11:13:08 AM


People don't have to understand each other. I expect that this situation may happen even between some Russians too (some pro war, some against).

Since this is a forum of free speech, the options are simple:
* if you don't like certain user, you are free to ignore him
* if one spams, or threatens, you can report him

So I see no good reason in splitting, especially as:
* most probably not all Russians are pro-war.
* even if you'd have different boards, nobody would stop Russians flood Ukrainian board and Ukrainians flood Russian board
* together you may make it work/make some understand they're wrong.


Thermos, what do you think?

You mean this inactive newbieCheesy Grin
4255  Other / Beginners & Help / Re: Always look out for a good entry point on: March 16, 2022, 10:35:58 AM
There's a two wrong advice you mentioned above:
1. Good project
2. Buy by looking at the chart

No one can know good project, they can pretend like a serious project but after they got a lot money from crowdfunding they can run with the money. Chart trends or chart patterns that has been analyzed by trader, sometimes can go wrong with his analysis. But, you're only looking by the chart and make sure it's far from the ATH? mostly those coins will become dead coins and delisted from exchanges, you will rekt.

Actually if one takes a proper look at the project and team he can eliminate most of the scams and some of the projects that won't have a future (copycat/shitcoins with nothing new, projects that want badly to look as useful but they aren't, ...). Of course, one has to have the common sense to see beyond the possible hype and one may need a bit of knowledge too about what there already exists; it's not easy. And yeah, when one has such a knowledge he may start avoiding all the altcoin projects because the chance for profit with them is historically slim Cheesy

Buy when looking at the chart can be somewhat useful to avoid buying right after a big pump. But overall DCA with basically no relation to the charts is a safer approach.

4256  Economy / Economics / Re: Climate change: EU unveils plan to end reliance on Russian gas on: March 15, 2022, 09:22:59 PM
The process is powered by electricity. Which can be derived from environmentally friendly or not so environmentally friendly sources. With the majority of production located inside china, notorious for its coal energy market. It is probably dirty. Solar panel production lacks the mobility and flexibility of bitcoin mining, which allows for easier targeting of renewables.

My point was that everything talks about how green are solar panels, but people avoid even thinking that they were built with dirty energy.
About Bitcoin mining I keep telling lately: the bigger mining farm owners have to get - sooner or later - to the point they generate the electricity they need. So we are on the same page.

There are youtubers and streamers who live on boats or in a van who power all of their mobile electrical needs on a handful of solar panels costing less than a playstation 5. For an offgrid setup, this cannot be beat. The weakest link in the chain are the batteries. Panels have a longevity of 10 to even 20 years. The lifespan of batteries is far shorter.

It depends on where that happens (probably in a very sunny area), it depends on what's their usual consumption, and I can guess that they won't show on youtube how "great" the things are after it has been cloudy/raining for a week Wink (because weather doesn't always go as you thought).
Batteries.. shortly: super weak, not friendly with the environment, short lifespan (it's in number of charging cycles, not years), you have to be super careful to not have them completely depleted for long.. no, they're a technology that needs badly to evolve.

Panels can be placed on roof tops unobtrusively. Development of panels designed to replace roof tiles, transparent and flexible solar panels intended to cover windows and other areas have been in planning stages for awhile now.

I don't know if this approach can get to the scale we would need to have solar panels in order to cover the needs for global industries' consumption. I fear it won't be enough, by far.

Coal is heavily subsidized by some nations.

Coal is also punished by many via green certificates.
And many countries also subsidize solar and wind generated electricity production.

One issue with nuclear energy is it centralizing control of energy generation under governments. Only nations can afford the high start up costs attached to nuclear power, which is why only governments control nuclear plants. And of course they always locate nuclear plants in high risk earthquake tsunami zones on a fault line. As that is where the cost cutting occurs -- building on cheap land in poor neighborhoods.

Some countries have earthquakes, some countries have hail and not much sun.. I believe that a well placed mix of all types may be the winning solution.

"Very well thought by politicians." When was the last time politicians "well thought" anything? I would be curious to know.

Touché Wink But no matter what, one can still hope Cheesy
4257  Bitcoin / Hardware wallets / Re: Can HW manufacturers get user info through their apps? on: March 15, 2022, 09:00:45 PM
Imho they cannot gather info from their HW directly, but they can (and most probably gather) everything they can from their SPV wallets:
* addresses, funds, but also they can link all addresses (and transactions) of your wallet, including the altcoins too.
* link all this to your IP if they can (if you don't use TOR, for example)

But it's nothing really different from what any SPV server operator can do? And it's known that chain analysis companies do run Electrum servers (possibly both on clear net and under TOR)...
The information is important for chain analysis. They may aim to track all your crypto history, like Google or FB want to track all your online history. That's valuable, and not only for taxes or finding criminals; you can easily become the target for certain advertising based on how wealthy you are, for example.


They may be able to also gather this or that when one updates the HW software and apps, but that would be dangerous and will make them lose their reputation in a second. So I don't think they do that.
For example Ledger software is closed source. But there are open source hardware wallets too, you can look here: https://bitcointalk.org/index.php?topic=5288971.0

I didn't answer point by point, but I think that I didn't miss anything big.
4258  Other / Beginners & Help / Re: passphrase instead of password on: March 15, 2022, 08:38:10 PM
One can use a password manager to avoid reusing passwords. The password manager I use (Bitwarden) can generate randomly passwords, as long and complicated as I want.
Passwords are still great because many websites don't allow enough characters in the password box for a proper passphrase.

Passphrases are great*. Their greatness comes from the sheer size, since even if you use only letters, there will be much more characters to be cracked, enough to not matter if other symbols are missing.

Just imagine the password: "I really care about this account and I want it to be safe". Long, huh?

But there's a problem too: if one knows you use only words from a certain language, your passphrase can be brute forced with dictionary attack.

So the (*) part was a trick. Passphrases are not so great alone. You need symbols to fight the dictionary attacks. Also passphrases with English written in l33t won't help. You'll need a variation, something, anything.
And then my lovely long passphrase can become "I!really@care#about$this%account^and&I*want(it)to_be+safe" (I've replaced space with the symbols from top row on the keyboard).
But.. this just became a longer password now, isn't it? Although a bit easier to remember...
4259  Other / Beginners & Help / Re: Receiving and Sending BTC Anonymously? on: March 15, 2022, 08:24:38 PM
I just noticed that OP made this topic basically twice, with small variations. I'll cross post my answer just in case the other thread gets removed:

Example would be this.  Imagine a site or someone send you 20 dollars worth of btc to your spare nano ledger wallet and not your main one.  Or it could be a new electrum seed wallet which has no transaction history.  Then you send that full amount of 20 dollars worth of btc to someone else.  

Does that transaction still link to you or not?  The thing is if it's a wallet that has zero transactions, it wouldn't right?  But that is only if you TOR which I keep hearing about?  Again all I heard is Tor for privacy but do not have a clue about it.

If you have other addresses in your wallet the Electrum server will know that the addresses are linked.
If you don't hide your IP and connect to the same Electrum server, even if you have different wallets holding the funds, the Electrum server will know that the addresses are linked.
If you use ToR you will hide your IP, but, as you see, it may not be enough.

It's also public knowledge that chain analysis companies do own some of the Electrum servers (and we don't know which ones).


So if you don't want the addresses get linked together, even if you use different addresses for different goals, Electrum (and any other SPV wallet!) may not be for you (unless you learn how to get yourself a private Electrum server).


The conclusion is pretty much what @nc50lc also said: SPV wallets are not for privacy, no matter it's Electrum, Ledger Live, Mycelium, Sparrow and so on...
OP, if you want privacy, learn to run your own node, your SPV server and maybe your block explorer too.
4260  Economy / Economics / Re: Climate change: EU unveils plan to end reliance on Russian gas on: March 15, 2022, 08:13:50 PM
Solar panels are created from refined silicon derived from sand and do not require rare earth minerals, noxious or hazardous chemicals AFAIK.

I didn't do my homework, so I won't say anything about the content. But how much energy is needed to turn sand into those panels?
That's a clean energy, right? (/sarcasm)

The manufacturing process is also not tied to unethical and immoral predatory business practices.

I wouldn't count on that.. because, you know... that's how China works.

Much of europe may not be near enough to the equator to provide full sunlight. But it is a common practice for nations and states to distribute and sell the surplus energy generated from wind and solar power, which could allow power to migrate and creep over distances.

For this inter-connection (wires, transformation stations and also common trading platforms!) may need to be done or improved.


I'm not against solar power per se, but there are things to improve there, from the surface those panels take (surface that won't be used neither for crops, nor for forests!) to the countries actually work together in this.
I also fear that in the desert areas (probably more suitable for solar panels) the dust can be an issue.
And I fear that we can easily end up replacing Russian gas with electricity from Sudan or Chad (just some wild examples). What if that region becomes (even more) unstable?

All in all it's not a quick solution. I fear that for short-medium term coal and nuclear power plants need to be re-opened.
And the solar-energy plan has to be very well thought by politicians together with engineers, at least (after all, the current green deal was not well thought by politicians and gave Putin the window of opportunity for this crap).
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