Biden was supposed to travel to Saudi Arabia to beg them to increase production and reduce oil prices, the plans were canceled and at the same time Taiwan was abandoned just like Ukraine as US declared they don't recognize their independence essentially showing green light to China for annexation. This is a good indication that the Western economy can not take another tension specially ever since China began increasing pressure on their economy by shutting down their ports for 2 months.
The question is, what does it all mean for energy prices and the Western economy? ~$120 is here to stay and could start climbing up again if we see the suppliers increase their pressure to raise prices or some idiots start increasing tensions again. Could the economy of consumer countries take this?
On another news Turkish inflation reached 75% as their attempts to become a hub to transfer the much needed gas to EU failed before they even began anything. That means that faint hope for a little cheaper energy also died for EU.
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Unless you mean the reason Satoshi did this? Likely just an oversight.
Chances of it being an oversight are low, in my opinion. If you think about it, Genesis block and its reward (worth $1.5 million today) is technically a premine IF it could be spent and that's would not have been a good thing to have in Bitcoin.
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There was more police in the streets, though. Not sure why.
The more I read your posts the more convinced I am that you are underage. There are there because over the past couple of months there has been a lot of protests around Europe. In France for example after the election last month there were mass protests around the country, they killed a dozen people and it stopped. Same in UK, Germany, Spain, Italy, Slovakia, Ireland, Poland, Belgium, Netherlands, Denmark, Hungary, Romania... These are the ones I could find on the internet and they are mainly about fuel and transport costs and some of them extended to rising food cost.
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Week after this post mate , market is showing some good bunce though 4-7% isn't enough to cover the loses it brings from the months of dumping and if this is going to continue then maybe we will see a 40kish this month alone and since this is the end of 2nd quarter ?
It is not a "good bounce" as long as price doesn't go above the resistance which I'd say is about $35k and until then it is still sideways as OP said 2 weeks ago. In my experience the breakout is going to be swift, not like this small slow rise to $31k but a big green candle destroying $35k+. then we will be seeing another pump and dump in the next quarter before the last quarter comes.
We haven't had any pump and dumps in bitcoin for at least 9 years.
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Well, Coinbase did say they were going to hold their Bitcoin. I guess with the recent collapse of Luna and the altcoin market, Coinbase is in need of some funds (their stock price certainly indicates this).
Why would they need money? They are offering a lot of services including their exchange service, payment processor and more and considering their popularity and huge volumes I'd say they are making a ton of money every second.
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Are you by any chance using the 2FA wallet because the first transaction of a 2FA wallet will pay a fee to the service you are using that is equal to 0.0005BTC and it could look like a "high fee" if the amount you are transferring is small.
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I meant that using burner addresses like the bitcoineater one, no one really knows if someone possesses the private key to it or not. you don't expect that anyone knows it but you don't know exactly how they came up with that address so you can't really say for sure.
Then that is a different argument than "cracking the address". You are right, there is no proof that the burn address is not-generated using a private key regardless of how unlikely it is. But that is still not called "cracking" since the creator would already have the key. But why is someone using a legacy address to hold that much BTC?
Because it is 100% secure as long as the key was generated correctly (used a strong random generator) and kept safe. Lose your private key or if someone else gets your private key, it's all gone.
Nobody can "get your key" as long as you are protecting it correctly. Besides if you are incapable of protecting one key, you are not going to be able to protect multiple either.
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Early wallets were not deterministic. Whenever the wallet needed a new key it just called up its RNG and created a new random key. That means there were no seed or seed phrase in early days. After some time, due to possibility of flaws in RNGs and bugs in some implementations, deterministic key derivation (BIP32) was introduced and wallets slowly started switching to that. Shortly after, in order to make backups user friendly the concept of using mnemonics or seed phrase (BIP39) was introduced.
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~
At this point you are just putting your head in the sand and disagree with anything that anybody else is saying. Only Bitcoin is still PoW, and only Bitcoin will be affected by any bans because of energy waste.
Funny thing is that nobody can restrict bitcoin but they can easily restrict PoS coins. All it takes is to call up the developer who also holds majority coin and demand censorship or they can seize their coins and kill the chain by owning majority state in Proof of Stake.
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There will be no food crisis for me. Price of pasta, price of cooking oil, rice or meat will increase 20%? 30%? That's all right. I don't care much. I can handle it, just like most people in developed countries. We don't spend much on food, increasing that budget by a third is perfectly fine.
You are looking at the situation at a very short period and with a very selfish view either because your financial situation is way above average or you are too young and have never faced the real world. A large number of people in developed countries are living hand to mouth, rising prices even a little bit puts a lot of pressure on them. On top of that the food crisis is not coming alone, it is accompanied by energy crisis and other crisis. Some of it is causing businesses and industries to shut down. Imagine someone in middle class who loses their job too, now they don't even have an income to pay previous food prices let alone the increased ones. For example 90% of Americans (a supposedly developed country) are considered middle to lower class. The problem will be with the poor countries, but I wonder: is it a problem, or a solution? Number one rule of the world has always been the survival of the fittest...
That's racist.
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Apart of fact that it looks like uncompressed and it must be compressed key for 3... address,
The private key could be one out of one or more keys used in a legacy P2SH redeem script (eg. in a timelock or a multisig script) so it can be either compressed or uncompressed. Even if this corresponds to a P2SH-P2WPKH script it still could be a non-standard uncompressed key.
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Questions like this are fundamentally flawed because the sentiment changes in a much shorter time for example it could change daily. Right now the sentiment is undecided which is clear from the sideways market that we have been seeing but this could change in an instant if price breaks a certain price whether it is a lower price in a drop or a higher price in a rise. In other words your poll results show the sentiment of the day people voted (which is close to 50-50 hence proving my point about being "undecided" to some extent) not for June.
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NATO, as an international organization,
NATO is a European organization that includes US, not an international one. the Russian terrorists
Since you've been using this term regularly I wonder what your views are on the US led coalition that illegally invaded Iraq and killed more than a million innocent people. Your country, Ukraine was part of this coalition and supplied the third largest number of troops for this massacre.
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Luna was a good coin and good investment,
I'm not sure if this is a typo or you are just crazy ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) A centralized shitcoin with nothing to offer is never a good coin or a good investment. The failure of such projects are practically guaranteed from the start, we just can't predict when they are going to fail. If you check the list of top 20 altcoins, they too are like ticking time bombs waiting to die just like Luna.
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Thanks for your information. I tried to PM you asking how much you would charge for a bitcoin client that sends messages to the blockchain.
Electrum wallet already exists and as it was pointed out in this topic it allows you to create OP_RETURN outputs that are used to include an arbitrary message in your transactions, there is no need to pay someone else to create a new client for you.
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That does look like a bitcoin private key except that it is missing 2 characters since the correct length of an uncompressed private key is 51 not 49. How did you "find" this anyway? Because if it really did contain 2.9 BTC you wouldn't just come across it. This looks like a fake thing since I checked and no combination of these characters with 2 at different positions could be a valid private key either.
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Not only that but that someone will end up cracking to get the cash if the balance gets too big. The chance of that is probably even bigger.
It is not possible to "crack" a bitcoin address. Besides, if anyone wanted to waste their time on an impossible task they would have chosen one of the existing addresses with large balance instead of a burn address that would have far less. For example 1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ contains about $4 billion worth of bitcoin.
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I mean, if OP_SUCCESS allows us to make it automatically valid, then what stops miners from putting "OP_SUCCESS" as an input script anywhere, where users broadcast spend-by-script path? For example, someone could use "<pubkey> OP_CHECKSIG" as a TapScript output, and can provide "<signature>", but any miner could replace that "<signature>" with "OP_SUCCESS". So I guess it should make that transaction invalid, right? Because if not, then spend-by-script is unsafe by design.
Because if anybody modifies the spending script the corresponding hash would change and the evaluation fails there. It's similar to P2SH, you can't modify the redeem script without changing the hash. Of course it's a bit more complicated in Taproot due to the way Tapleaf and Tapbranch hashes are computed but the principle is the same; if you modify the spending script the following check called VerifyTaprootCommitment should fail before we even start evaluating the OP_SUCCESS: https://github.com/bitcoin/bitcoin/blob/1c7ef0abd11f35a27cc860ceb7e075b78f53cecf/src/script/interpreter.cpp#L1925-L1928
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You mean it overrides OP_VERIFY executed before OP_SUCCESS?
Yes, it doesn't even execute the script to reach OP_VERIFY or any other OP code, it first goes through the script and looks for OP_SUCCESS if it founds any it will return true: https://github.com/bitcoin/bitcoin/blob/1c7ef0abd11f35a27cc860ceb7e075b78f53cecf/src/script/interpreter.cpp#L1792-L1808A funny side-effect of this is that if the script is invalid after the OP_SUCCESS (like having a wrong push data) it is not even going to reject it and will still pass! Like this: OP_SUCCESS OP_PUSH10 <5 bytes>
Is it true only on mainnet? I guess it could be accepted on testnet. I also wonder if OP_SUCCESS in some input is invalid by consensus or only non-standard.
OP_SUCEESS is only non-standard because if it were invalid we wouldn't be able to achieve backward compatibility when new OP code is introduced through one of these. Since SCRIPT_VERIFY_DISCOURAGE_OP_SUCCESS is part of the standard policy and the flag is not active when on testnet I suppose you should be able to send a transaction containing this OP code on testnet.
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because I would have thought they'd have owned Ukraine within the first two days of an invasion. These days I'm never quite sure what to believe when I see it on the news.
War is not a computer game to have an easy outcome. US invaded Afghanistan more than 20 years ago and spent $7 trillion and couldn't achieve anything at all there. They were fighting cavemen (literally) who had no airforce, no radar, no missiles, no tanks, so support from any other country, not even half decent weapons. In comparison Ukraine has a military, has airforce, radars, tanks, missiles, and receives billions of dollars of support. The goal was never to occupy entire Ukraine. The goal was to annex east and south of Ukraine that are strategically important to Russia and leave the rest. Half of Ukraine doesn't want Russia while the other half does. They can never rule over that first half, so they would remove Zelensky with someone who that other half can accept but is at the very least anti-NATO if not pro-Russia. The first part of the plan is already over. Funny enough, this is similar to what US tried to do in Afghanistan and failed because unlike Ukraine, nobody wanted US in Afghanistan so they were kicked out in defeat.
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