Bitcoin Forum
July 16, 2024, 11:53:51 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 [239] 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 ... 839 »
4761  Bitcoin / Development & Technical Discussion / Re: BITCOIN over a proxy on: January 19, 2022, 12:51:03 PM
I was hoping to find out if there was a way to connect to the bitcoin network when you are in a network with only port 80 open.

If your outbound connections aren't so strongly limited, then you should be fine. Bitcoin server can work good enough even if other peers cannot connect to it. It will initiate connections and "stay in the business".
4762  Economy / Exchanges / Re: Is a P2P trade always documented ?? on: January 19, 2022, 12:40:59 PM
If a bad actor made the trade , are there records kept for law enforcement to follow up with?

You should be aware that all bitcoin transactions are publicly available on the blockchain and any block explorer can show the transactions and content of any wallet.
Of course, from knowing what happens on an address to linking an address to a person there's still a step. And depending on how careful one is, this step will or will not happen.

You should not rely that a website doesn't keep records. It's safer to assume they do.
4763  Bitcoin / Bitcoin Technical Support / Re: Bitcoin Core vs Specter & Sparrow Bitcoin Wallet on: January 19, 2022, 11:00:38 AM
I 've already followed the guide https://sparrowwallet.com/docs/connect-node.html  but  the test always fails.
What does  Iirc mean ?

Iirc means "if I remember correctly".

I've checked now and made my (older) Sparrow connect to Bitcoin core, so I can give some more advises.
My blockchain is on g:\Blockchain, please adjust your path accordingly.

My bitcoin.conf looks like this:
Code:
txindex=1
server=1
dbcache=8000
rpcbind=127.0.0.1
rpcallow=127.0.0.1

You probably don't need dbcache setting or have to set the correct value for your computer.
I don't know if you need txindex=1 (I think/hope that you don't need it) please set it only if nothing else works (I need it for other things, it needs a full rescan i.e. a lot of time, it takes some extra gigabytes on the HDD)

Something more. You may need to create a new wallet:
Code:
bitcoin-cli.exe -datadir=g:\blockchain createwallet sparry

And then in Sparrow it looks like this:

4764  Economy / Speculation / Re: No strength in Bitcoin in higher time frames on: January 19, 2022, 09:09:06 AM
Bitcoin is very weak in the higher time frames ( daily & weekly).

Bitcoin doesn't look weak to me. Transactions are processed, mining works, all looks good.
Or you mean that the volumes at exchanges aren't that great? Well.. we can't have everything.

On minor bitcoin dump, we see massive dump in the altcoins.

This is the altcoins' problem/weakness. It has always been.

I wonder if we are about to move in the bear market ? What is the hope of bull market in the current circumstances ?

I don't know. But any answer you'd get would be a speculation, hence it may be better if you move this into Speculation subforum. (see bottom-left of this page).
As speculation.. some fear for the worse, some tell that a pump is near. I don't know...
4765  Bitcoin / Pools / Re: Are mining pools scalable? Can you split the block reward across 50,000 members? on: January 19, 2022, 09:01:38 AM
Let's assume the number of individuals that join mining pools grows by a lot. Let's say we have one mining pool with 50,000 members. The pool is successful and receives a block reward. The next step is to send to each pool member their share.

1. Is splitting the current 6.25 reward across 50,000 individuals very costly?
2. Is there a point when splitting the reward across all pool members becomes impractical?
3. Are there ways to improve the cost of distributing block rewards to the pool members?

I understand the lightning network is always helpful when discussing issues about increasing the number of transactions. But my focus with these questions is that it looks to me like pooled mining adds a large overhead of transactions that are not part of peoples' desire to trade or do the things they want with their bitcoin.

I don't see any problem here. I was hobby-mining altcoins with very small hash rate and I can tell that:

* a pool can very well use (internally) more than 8 digits after the decimal point for its own needs if he wants to, for more fair splitting of the reward or if the number of users becomes very big
* a pool doesn't have to send the reward to users after each block found, that would be a waste creating a huge number of inputs in user's wallet and the usual solution is to send only after a certain threshold is passed

All in all, imho you're worrying for not existing problems.

And LN may not be needed because:
* a mining pool can mine its own transaction, hence the tx fee is not a problem
* one tx will probably contain payment for many miners in the same time, it's more practical than a lot of small transactions
* because of that threshold I wrote about the sent amounts aren't that small
4766  Bitcoin / Bitcoin Discussion / Re: Blockchain Tech has been Severely Oversold on: January 19, 2022, 06:25:47 AM
Blockchain technology, while capable, is not meant for anything outside of transferring value from Person A to Person B.

I see it different. Blockchain is great for anything that "has a life" (finite or not), i.e. gets created, maybe evolves or gets transferred, maybe dies.
Logistics is a first candidate (and it's a huge "universe"). Genealogy/census/people's documents is another. Properties (especially land, buildings and other things that suffer taxation - maybe cars too) can be another.
Then blockchain is also great for anything that has to be immutable, like voting.

Of course in all these cases miners' rewards may be an issue to be handled - maybe separately. Somehow unauthorized changes have to become impossible, no matter how many individuals store those blockchains. And 51% attacks have to be also impossible. And this is hard to achieve if the blockchain itself doesn't hold value.
4767  Economy / Scam Accusations / Re: Cloudbet has confiscated funds in violation of their TOS on: January 19, 2022, 06:10:36 AM
Cloudbet did reach out to me in a PM, which is what brought me here. That message is as follows:

It's a bit late, it's almost 2 months since the report, still, a good step forward.
It looks like this will get to a happy end, after all. Please keep us posted.
4768  Other / Beginners & Help / Re: All Bitcoins are mined in 2140? on: January 18, 2022, 07:34:43 PM
And you, what do you think? Will the crypto market disappear or collapse when all the Bitcoins are mined?  Smiley

In theory the price will have to get high enough to allow the mining fees suffice the miners.
In reality, if that won't happen, miners will (slowly, over the years) give up because it won't be profitable enough. But that will make the difficulty drop, hence increase the profitability for the ones remaining.
I can guess though that many things will change in more than 100 years. For example, I wound not be surprised if banks or governments will get into mining by then, and not for profit from mining, instead to keep Bitcoin running.

This thing for Bitcoin was well-only for a small people on the global world.

It's a well documented fact. But most people don't care to research/read about Bitcoin...
4769  Bitcoin / Bitcoin Technical Support / Re: Bitcoin Core vs Specter & Sparrow Bitcoin Wallet on: January 18, 2022, 07:25:56 PM
I guess that you want to connect Sparrow to Core and not the reverse.
I've done that once in the past, I will try to help with what I remember/find. I may not be 100% accurate.

1. Read and follow https://sparrowwallet.com/docs/connect-node.html
2. Iirc if you want to use cookie, then you may have to not use user/password in bitcoin.conf
3. You may need server=1 in bitcoin.conf (also I usually start bitcoind, not the wallet)
4. You need a wallet created in the bitcoin data server. That wallet will be loaded into Sparrow too.

... and I think that this is all.


PS. With Specter I cannot help, I am not familiar with that, sorry.
4770  Bitcoin / Electrum / Re: Seed Phrase Compatibility With Newer Version on: January 18, 2022, 03:48:21 PM
@bitmover, I remember there are some ways Ian Coleman can still be modified though maybe something has changed since 2020. You can find more information in this thread, with special emphasis on this post.

I'm not sure if OP will need this/go this far, however, I think that these are better links than what you've posted:

Like this: https://github.com/HardCorePawn/electrumBIP39
or the more complete version that validates the checksum: https://github.com/FarCanary/ElectrumSeedTester
4771  Economy / Gambling / Re: Bustabit | Crash Game | Always Winning Script Best Price! on: January 18, 2022, 03:28:45 PM
Do not forget that you risk losing in such games, all responsibility belongs to the user.

So you are selling an always winning script, but we should not forget that the risk of losing is there.
Also, why are you selling the script instead of making yourself all that money?

Newbies, use your brain when you see this kind of offers.
4772  Bitcoin / Bitcoin Discussion / Re: Blockchain Tech has been Severely Oversold on: January 18, 2022, 02:55:00 PM
It's not easy to find a project that needs blockchain. It probably has to be free to access/store (whether the information inside is encrypted or not is another story) and it has to properly reward the miners. And maybe more...
On the other hand, the politicians heard about this kind of buzz words and started rewarding projects just because they were done on a blockchain.
And the result is that everybody wanting to store anything in a database today is first thinking "can't I do this with a blockchain" (and transform the project from dull to cool)?
4773  Bitcoin / Hardware wallets / Re: Testing the responsiveness of Ledger Support on: January 18, 2022, 02:38:55 PM
Conclusion

While I find interesting the results of your test, now, after a good thinking, I think that it would have been even more interesting to not publish the results yet, instead do first a similar test with a couple more major HW companies. And then compare. Now some may be warned Cheesy

Please don't take it as criticism. Hats off for the effort!
4774  Bitcoin / Electrum / Re: Seed Phrase Compatibility With Newer Version on: January 18, 2022, 12:30:04 PM
Will the seed phrase (12 words) from a version 3.x wallet successfully create the private keys with Electrum V4.x ?

Yes, the seed from 3.x should work. Just make sure you have Electrum downloaded from electrum.org and verified https://bitcoinelectrum.com/how-to-verify-your-electrum-download/
4775  Economy / Trading Discussion / Re: Who is the best crypto provider to give you advice on how to trade in crypto? on: January 18, 2022, 10:52:19 AM
So, which is the best source of crypto trading signals, and which one should you use to make money?

Most of those "signals" you can find are scam. Their main purpose is usually to get paid subscribers.
Just think a little: why would somebody share his knowledge? If he's so good, he can trade and make money for himself. If he's not so good, he will try to monetize "signals".
Best is to learn from here and there and then trade by your knowledge - if you really can do that (since trading is not for everybody).
4776  Bitcoin / Bitcoin Discussion / Re: People claiming themself satoshi on: January 18, 2022, 09:40:52 AM
It isn't about attention but about how much they can take if ever , there are Million of BTC in Satoshi Nakamoto account so if ever who got this amount will surely become an instant Billionaire so that is why there are so many stupid people still trying to claim that name.

Ummm... no. One can claim whatever he wants, but without the private keys of those addresses no claimant can spend those coins, no matter what. Not on current bitcoin.
On the other hand, even without claiming anything, whoever has those keys can spend the money.
4777  Bitcoin / Electrum / Re: Not connected on Bitcoin Private Electrum P!1.0.0 on: January 18, 2022, 09:35:37 AM
From what I've understood from the readme page ( https://github.com/BTCPrivate-Legacy/electrum-btcp-legacy ) this wallet is for ZClassic coin.
It also tells:

Quote
For general support, please visit our Discord: https://discord.gg/2PRZ5q

and I advise OP go to that discord and ask for help.


I would also add that I've noticed that the latest version is 1.1.1, I would update to latest version before seeking for further help, maybe OP's problem is fixed.
(Of course, backup the wallet/seed/private key/whatever before updating).



If OP wanted to work with actual Bitcoin I strongly suggest downloading the actual Electrum from electrum.org, verify it and import his wallet there.
4778  Other / Archival / Re: 1btc loan for 1 year on: January 18, 2022, 09:20:02 AM
Many people know this address.

All addresses and their content is visible publicly on the blockchain.
But from picking a fat address to getting its private key is a big step.
While you are free to try to "hack" it, what you do is actually wasting energy.

And no, this cannot get you a loan. For a loan you need proper collateral.
4779  Bitcoin / Bitcoin Discussion / Re: Tonga is now accepting Bitcoin donations amid tsunami on: January 17, 2022, 06:49:32 PM
I won't say that's legit or not, but I can tell that the capture comes from this tweet: https://twitter.com/onair_blair/status/1482681573333999617
Maybe somebody can check whether it's OK or hacked/impersonated.

(Also, wasn't twitter blocking bitcoin addresses in tweets? When did that change?)
4780  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2022, 06:43:11 PM
Apparently there is also some kind of "report" that Fidelity put out a month ago. Have we seen that actual report?  I did not see any link to it in either of those articles.

I've done a search on the news and.. it finally led to this:
https://www.fidelitydigitalassets.com/articles/2021-trends-impact

Quote
We therefore wouldn't be surprised to see other sovereign nation states acquire bitcoin in 2022 and perhaps even see a central bank make an acquisition.
Pages: « 1 ... 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 [239] 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 ... 839 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!