Why not keep it open? People are still voting in the poll and actively engaging in the debate and sharing their arguments and opinions. At least this thread is not censored so anyone can leave any comment they want without fear of it being deleted.

Why not ask BenCodie why his thread is still open?

I do not really have some official plan or anything.  I am pretty much done with the whole traditional banking scene.  These days I mostly just use different cryptocurrencies instead of dealing with banks and  i know it probably sounds crazy, but I am all about the future of finance being decentralized and people controlling their own money without needing big institutions like banks anymore. It is not just a plan; it is a lifestyle.

The discussions on those message boards still kinda relate to Bitcoin, even if just remotely.  I dont get how the "health issues" board relates to BitcoinTalk though.  If you  wanna talk about health things, you can do it in Off-topic where pretty much anything goes.

ASIC is short for Application Specific Integrated Circuit.  It is basically a microchip that is custom-designed to do one specific job super efficiently and  unlike something general-purpose like an FPGA that you can reprogram for different stuff after manufacturing, an ASIC chip can only do that one thing it was originally designed for.  It is way faster and lower power and cheaper at scale since every transistor and connection is optimized for its exact purpose.  But on the flipside, the hardware is set in stone.  You would have to design a whole new custom ASIC chip from scratch if you wanted it to do something else.

So, from what you are saying, it doesnt really have an actual purpose? But then why is it even a thing that exists? I dont get it - why do folks use something that doesnt have a real purpose?

Are you saying Bitcoin isnt even a real thing at all? That it is just made up numbers or something? Im lost here and  it seems to exist since people use it, but you are saying it has no purpose.  Help me wrap my head around how something can exist but not have an underlying reason for existing in the first place.  The whole concept is confusing to me.

That is my thinking too. It has been over a year since the LastPass hack happened.  There is no telling what kind of data the hackers got their hands on in that time and  id bet the farm that the database has spread all over the dark web at this point, with hundreds or maybe thousands of shady characters trying to crack it and to get into those accounts.  

I bet most LastPass users probably didnt even know their info was stored in the cloud.  Your average LastPass user likely isnt tech savvy.  They installed the extension without thinking twice about where their data would go. The browser extension works in the background - and not much different than the built-in password manager.  And let us not forget that LastPass was supposed to be mega secure too.  Tons of pros said it was top of the line.  Whether thats true or not, LastPass was definitely the popular choice for managing passwords.  

But it is a password manager! The main thing they are supposed to do is keep people's private stuff safe.  And LastPass was really popular and had a good reputation and tons of users and  so how could they mess up security that bad? I mean sure there are better options like that KeePassXC, but you still gotta trust whoever makes it.  I know its open source so anyone can check the code, but not everyone can do that.

To be honest, I dont even know if there is a viable alternative to a password manager, since we all deal with hundreds of different passwords almost every day.

And that would be bad because... ?

Considering the recent drama we have witnessed here, I would not mind having just a TL;DR version. 

That is precisely my point. You do not have sufficient fundamental knowledge about this matter, and you are trying to come up with your own methods to secure the seed phrase. Let me break it down for you: just shuffling a few words in your seed phrase wont make it more secure. Dont do that!

This is a very bad suggestion and wouldnt recommend it to anyone. You are just asking for trouble if you try to be tricky with your wallet's seed phrase.  I get why you might think shuffling around a couple words could be a clever security measure, but it really only makes things harder on yourself.  When you actually need to access your wallet, you might find yourself locked out!

Seed phrases have checks built into them to catch mixed up words.  So if you swap some stuff around, wallet software will know something is not right. It wont fool anyone and  with computers these days, unscrambling a few wrong words could take just seconds. 


That second option is way better for keeping your backup phrase secure.  It makes total sense why that has become the recommended method.  But, our memory can be pretty unreliable, so it is smart not to depend on just memorizing your passphrase.

Very interesting idea! How come no one thought of it over all these years? It could even turn out to be profitable. I would not mind seeing a couple of subtly placed banners in it.


We miss you too! Cheers!

What if I spend Bitcoin to buy Monero, move the coins to a fresh wallet, and then use Monero to buy Bitcoin again? Did I just find a loophole? 

Titanium is not just a metal with a higher melting point - it is also way stronger and lighter than stainless steel.  With half the density, a titanium plate weighs half as much as a stainless steel one the same size and  so titanium gives you the strength of stainless steel without all the extra weight.  I guess that is why some folks go for titanium instead - it has that perfect combo of strong and light, better resistance to corrosion and can handle various chemicals that might react with steel. And, yeah, it also looks pretty darn cool too!  Not that you are going to brag about your backup seed or show it off to anyone, but still...

I did not really get what the big deal was with Bitcoin at first.  Seemed like some nerdy complicated thing.  But when I realized that it is a way to send money without dealing with banks and fees, that got my attention. Makes you rethink what money is and who gets to control it.  Crazy stuff.

I totally get what you are saying.  It is pretty crazy when you think about how so many people spend all their time going after money and stuff, but they dont really give it much thought beyond its basic use.  But then you start looking into it more, especially with the internet today and you come across all this news and info about problems with how money and banks work.  Its like a lightbulb moment when it hits you that cryptocurrencies like Bitcoin could maybe completely change how we look at and use money. 

I am one of the lucky few who dont have to stress about debt.  My house and cars are all paid off - no loans weighing me down and  and thank goodness I dont have any student loans either! I do have a single credit card, but I am careful not to let the balance get out of control.  Living debt-free on a single income is not always easy, but since I am not married anymore, it is manageable.  Sure I have to watch my spending and stick to a budget.  But not owing money to anyone? That is priceless.

That is not a bad idea at all!  I can see how it would be annoying for people who have service threads to have to keep bumping them to compete against signature campaigns, which get free bumps from participants.  You make a good point - the admins could do something to address this.

I think you could solve it in the following way: Try to imagine what kind of transactions you will do in the future? For example, lets say you have 10 BTC total. I dont think there is any problem to consolidate your UTXOs, each containing 1 BTC. Most of your future transactions will probably not exceed 1 BTC in value. This means that when you use one UTXO, you will not immediately expose your entire stash, and on the other hand, you still enjoy the benefits of low transaction fees. If you have to spend more than 1 BTC at once, I dont think you will have a problem with a slightly higher transaction fee.

So, in short, I would recommend dividing your total stash into tenths and using only one of those UTXOs for small transactions.

Instead of translating the individual words of the seed phrase into other languages, how about writing down only the first four letters of each word instead of the entire words?
The first four letters are enough to decipher all the words of your phrase, and for the vast majority of people, that set of letters written on paper will mean nothing, even if they find it by accident.

So your seed phrase becomes something like:

I think it is normal for websites to prioritize an extra layer of security. It doesnt seem to be much of a problem. I think it is related to maintaining active focus on the site. If the active focus is lost, for example, you open a new window or new tab and the casino site ends up in the background, I do not see it as problem for the casino to request login information again. Imagine a scenario where the casino website remains active in the background, and you forget about it, and someone else accesses your computer after a long time? In such cases, requiring re-authentication actually seems like a good security practice.

Speaking of misguided thinking, consider this: Is sitting detrimental to an individual's health? No? I dare you to publicly say that you think sitting is good for your overall health! See how stupid that sounds?

Sitting, much like gambling, is an activity, and like many other activities, it can have both negative and positive effects on one's health. You claim that gambling (as an activity) is inherently bad for the individual, but you are being purposefully ignorant and refuse to acknowledge that there is a clearly defined distinction between gambling as an activity and gambling addiction as a psychological disorder.

But we digress here. The main point of this discussion is that YOU believe that gambling is harmful and that it destroys lives, and yet, you have no problem promoting this activity with your personal signature. This means that you are purposefully and directly contributing to the number of gambling victims you speak of, all for your own personal gain. Well, if you dont see anything wrong with that, then you are not right and I cannot help you there.

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You have never heard those stories about folks keeling over from heart attacks after they win the jackpot? But you know, it makes me think maybe we should all stop having sex too, because, apparently, thats a gamble that could kill you too!