Bitcoin price keeps increasing. Price is x10 considering last year. Even 25k-50k-100k is predicted.
Are you adding more bitcoin by buying with cash? or you trade or invest in ICOs & altcoins in order to increase the amount you have?
or do you just hold what you have?
I keep learning. |
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Hi All,
I acquired a few bitcoin back in 2012. I was using whatever version of the official bitcoin client was at this time. I did a lot of fiddling around with this bitcoin between different wallets, etc. Then I got busy and forgot about it for a few years.
I now realize that I should prepare to figure out how to sell this bitcoin....
Any advice is hugely appreciated. I imagine that there are man others in the same boat as me.
Thank you so much.
Count your self lucky. There is another option, which is DO NOT SELL. This has a gigantic advantage which is that you don't have to work to retrieve the coins right away. Definitely a problem to mull over with ... not a couple beers, but a couple dozen six packs.  |
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What size drive? SSD or HD?
Were you / do you routinely run something like a virus checker?
If you got the blue screen of death there's a core dump there. Not sure it's worth digging into. This is likely going to resolve as soon as you can safely hook that drive up as #2. Do you have linux available? Better to load it into linux for examination in my opinion.
Regardless, let's look at the objective clearly. System "A" had a BSOD and directory vanished. Need to recover ONE file, wallet.dat, with or without workable directories structure.
Take out only the minimum required, the HD. Load on alternate proven good system as a data drive. Don't allow any changes to MBR or file structure. Don't allow "the system" to "repair" the HDD. Just get it loaded for examination.
Other people on this thread that know pc repairs - that sound right?
It's a SSD of 240 GB, this one; https://www.reichelt.de/?ARTICLE=154466&PROVID=2788&gclid=EAIaIQobChMIiO7Mt46r1wIVdTPTCh2hUgcEEAQYAiABEgIOIfD_BwENo, I didn't. I hardly used to laptop, I only used it for the wallet now recently and to print out some word sheets, that's about it, only occasionally I went on the internet, and if I did it was just trusted websites so I didn't feel the need to do a any virus check. I'm afraid I'm not skilled enough to work with Linux, or at least I don't have the experience of working with Linux. A 240 gbyte SATA drive of SSD variety. The connector should work and allow it to attach to USB without additional power or issues. Was the windows environment encrypted or unencrypted? FYI: the reason I asked about Linux is because I KNOW FOR SURE that linux will not change one byte of that drive when it's mounted. Windows on the other hand, definitely does when it is #1 but should not if it is #2. Repeating, be sure there is no virus protection running, including that which is native to windows, when you mount that drive. Do not allow the system to change anything on it if it does not immediately mount with a readable file structure. Your goal is very simple, to have a machine with a second drive - the old "C" drive - that you can access the files on. For now that's all. |
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How i can recover a private que of my direction of bitcoin?
As a last resort, you might try getting hypnotized and ask the guy to help you recall something in the past (NOT the time and place where you entered the key). If it works for you, then you could go and determine how to do it to get the key back. Of course in such a way that the hypnotizer could not steal it. I mention this because I did it once (before bitcoin, lol) and it was pretty amazing. I was IN that time and place, feeling the same things and seeing the same things. I understand it does not work for everyone. |
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So uh yeah, I mined bitcoin using 2 GPUs back in 2013-2014 and had lost the wallet until just recently. I loaded up the wallet in bitcoin core (originally created the wallet in bitcoinQT) and it showed zero balance....but the weird thing is this:
* it showed transactions totalling around 15000 bitcoins spread out between 5 deposits into my wallet, which in and of itself is ridiculous but...
* whatever realistic amount I had in the wallet was not there.
Of course when I synced to the blockchain, the transactions remained unconfirmed and any blockchain txn search site ive used say the transactions dont exist..
my question are thus, though: Why are those transactions there? Why are they so inconceivably large? What happened to whatever my original balance was?
Ive not transferred out of that wallet that i can remember and all the transactions in the log show deposits into my wallet. Can these get corrupt and show weird data like this? Is it maybe a version thing?
Okay, let's go step by step. I was mining GPU and yeah, 2013 wasn't much of a payout. Corrupted or version mismatch are likely answers to the puzzle. Save a good copy of the wallet. With a test system, load the wallet you were using at that time. For 2013-1-1 it might have been 7.2 https://bitcoin.org/en/release/v0.7.2All the old versions are available. Next you have to get it to run and process the blockchain. Is this windows or what? You may have to use a similar OS version. Whatever, recreate the operational environment similar to back then. |
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I have never experienced this either in my entire life. This is the first time and it's new to me to. Also the disk is brand new, it was replaced a few months ago, it's a hyperX from Kingston, one of the more expensive ones so I would be really surprised if my disk is about to die. Also what is really strange to me is that the program just dissapeared from my search options and my desktop, I had to look it up under program files.
I have to mention though that after the warning I got from no more disk space I had a blue BIOS screen with an error on it from windows. So I shut it down and started the computer again at that time.
I'm currently still waiting for the cable to connect the internal hard drive on my other computer, I should get it tomorrow. Hopefully I will be able to find it like this.
Unfortunately I did not have any back ups made from that wallet. I wish I had so I wouldn't be in this mess right now.... I can be sometimes forgetful and absent which cost me dearly at times.
What size drive? SSD or HD? Were you / do you routinely run something like a virus checker? If you got the blue screen of death there's a core dump there. Not sure it's worth digging into. This is likely going to resolve as soon as you can safely hook that drive up as #2. Do you have linux available? Better to load it into linux for examination in my opinion. Regardless, let's look at the objective clearly. System "A" had a BSOD and directory vanished. Need to recover ONE file, wallet.dat, with or without workable directories structure. Take out only the minimum required, the HD. Load on alternate proven good system as a data drive. Don't allow any changes to MBR or file structure. Don't allow "the system" to "repair" the HDD. Just get it loaded for examination. Other people on this thread that know pc repairs - that sound right? |
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...
I recommend you guys keep bitcoins at an exchange....
This is bad advice. Of course if I owned an exchange I... No, actually, if I owned an exchange I would not advocate this. At all. |
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Step 1. DO NOT PANICIf you panic, you are likely to start performing actions without understanding the associated risks, and you could make things much worse. It is better to do nothing at all, than to do something that will make it worse. If the bitcoins are recoverable, then panic will not help. If the bitcoins are not recoverable, then panic will not help. Step 2. Shut down the computer, and leave it turned off. Things can't get worse if the computer is off. Software won't be able to manipulate the data on your hard drive and any damage to the hard drive won't get worse. The next steps will depend on the type of laptop, and how comfortable you are with various software and hardware tools. Effectively, your priority will be to access the hard drive in a way that will minimize the amount of activity (reading or writing) on the drive and recover a file named "wallet.dat". There is a VERY GOOD chance that the file is still somewhere on that drive, and that it can still be recovered if you haven't made things worse yet. If you are capable of doing so, I would suggest removing the hard drive from the computer. Then purchase hardware for accessing an internal drive as an external drive, such as the following: https://www.newegg.com/Product/Product.aspx?Item=N82E16812196455Connect the drive to a working computer and look in the Bitcoin Data Directory for the operating system that your laptop was using. If you can't find the wallet.dat file there, then use some undelete software or software designed to search a drive for lost data to search for deleted or lost files named wallet.dat. Id you still can't find it, then there is software that will search an entire hard drive for any and all private keys regardless of the filename. Thanks for your replies and help so far. Very much appreciated! So the most important thing for now as I understand it is to take out the hard drive and examine it from another computer with that cable and search for the wallet.dat file on it. I will order a cable like that as soon as possible and leave the laptop off. I'm not touching it, I'm afraid to do anything wrong on it now. Is that all under windows?
If so you may find a ".lost" directory, or find these files in the trash.
However, I concur with Hamilton's suggestion to turn the machine off and examine the disk from another machine.
No rush on this.
Right?
So do you have a 2nd available computer? Yes, it all happened under windows 7. I used that laptop mainly only for the bitcoin core wallet and as an eventual back up laptop so I have indeed a 2nd laptop where I can work from. So I should look for the .lost directory or files in the trash while I have connected my hard drive from another computer or from the laptop where the wallet is on? It is generally weird that you would have files deleted because you ran out of space. I have never ran out of space on a windows 7 machine so im not sure if that is the normal behavior (the OS is forced to free some space and deletes files, which happen to be the entire bitcoin core folder? doesn't make much sense). In any case, get a second hard drive and boot from there, until you don't have a second hard drive don't connect it again to minimize chances of disk failure (maybe your disk is about to die). If you are booting from windows to access the disk, use Recuva which is a free tool to recover lost files, do a deep search, and look for wallet.dat. If the files are recent and you closed the computer short after, you may be able to get them back, so look for a green light next to the wallet.dat file (if the files got rewritten you are out of luck with such a simple tool, you may still try if you get an orange light).  So find the wallet.dat and tell the program to save it on your new HDD. For now that is what I would do. I seldom use windows in the last several years, but at least this is Windows 7, which wasn't too bad. However I recall many situations where for various reasons or no apparent reason, corruption would occur and a ".LOST" directory would appear. One of these reasons was running out of space. I believe in windows this would be an invisible folder unless you selected to "Show all." The really good thing here is that he's only looking for one single file, and that is relatively small and unlikely itself to be corrupted or destroyed. Someone that does coding on the CORE might chime in as to what happens to a wallet.dat if a machine suddenly loses power and under similar events when the file is left hanging "open." Another "good question" is whether there were backups made of the wallet.dat files, and where might they be on this machine - including the trash folder. |
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Recently bought a HP Envy Laptop, cost me over £1000. Any way I want to download Bitcoin Core on it & keep a wallet on this laptop. I noticed that the laptop uses NVIDIA Geoforce as some kind of graphic card.
I did a quick google on them as I’m ultra paranoid about where I keep my bitcoin’s, it seems they are primarily a company that designs graphic cards for gaming experiences etc but it says on wiki -
**Corporation (/ɪnˈvɪdiə/ in-VID-eeə)[3] (most commonly referred to as Nvidia, stylized as NVIDIA, nVIDIA or nvidia) is an American technology company based in Santa Clara, California. It designs graphics processing units (GPUs) for the gaming, cryptocurrency, and professional markets, as well as system on a chip units (SoCs) for the mobile computing and automotive market. Its primary GPU product line, labeled "GeForce", is in direct competition with Advanced Micro Devices' (AMD) "Radeon" products. Nvidia expanded its presence in the gaming industry with its handheld Shield Portable, Shield Tablet and Shield Android TV.**
...............................
Now, am I safe here? There isn’t going to be any risk to my bitcoin’s here? I dunno, no backdoor key loggers etc?
One of you gifted tech guys put my mind at ease please?
Thanks so much in advance.
Well, why don't you keep no more than you could afford to lose on a wallet on that laptop? Put the rest in off line cold storage of one sort or another. Since the bitcoins are actually really on the blockchain, not in the wallet...what the wallet has is means of moving values around on the blockchain. The way to not have risk of things moving without your wanting them to is to not have wallets on computers. |
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...We must do something, must support the Bitcoin by all available means
Wouldn't that be done by after the fork, transacting on the traditional Bitcoin chain? Actual transactions are what miners process. With reasonable delays and consideration for issues and dangers of replay exploits of course. |
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I think you misunderstand what running a node does. It helps to verify transactions, which was important at the start of the blockchain being mined. It's also important around forks (for like an hour). If you read the original bitcoin whitepaper you will understand better how it works.
The way to achieve the goal you are after is by mining...and mining enough that you actually have control. Lots of little miners can keep control, but not very well. The big miners will always be able to control better.
That's true. Or the guilds. Mining I have done, nobody ever asked me to vote on anything.... On the music derail (lol) here is one that....incredibly, this is from 2012. (with lyrics) https://www.youtube.com/watch?v=WdrSP0V-KLgAnd the great lament about the crash of Mt. Got and 2/3 of a Billion in peoples' funds. https://www.youtube.com/watch?v=K2ku1A5Ox8U |
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.. https://www.youtube.com/watch?v=zEQ2nPSL5-0I would also like to dedicate this song to the great American freedom fighter and songwriter, Mr. Pete Singer. May he rest in peace. I would also like to dedicate this song to Andreas Antonapolis for his words of wisdom and hope for us all Now climb aboard you all, this train is bound for glory And there’s plenty of room for all. Now satoshi Nakamoto, that’s the name I love to say And we don’t know much about him But he came to save the day. When he wrote about the way things are and the way things ought to be He gave us all a protocal This world had never seen. Oh bitcoin, as your going into the old block chain Oh bitcoin, I know your going to reign - gonna reign Till everybody knows everybody knows Till everybody knows your name. Down the road it will be told About the death of old Mt. Gox About traders trading altercoins And miners mining blocks. But those good old boys back in Illinois and down to Tennessee They didn’t care to be a millionaire They just wanted to be free. Oh bitcoin As your going into the old blockchain Oh bitcoin - I know your going to reign Gonna reign. Till everybody knows everybody knows Till everybody knows your name. From the ghettos of Calcutta to the halls of Parliament Well the bankers count our money out for every government. Oh Bitcoin flies on thru the skies of virtuality A promise to deliver us From age old tyranny. Oh bit coin as you go into the old block chain Oh bitcoin I know your going to reign going to reign Till everybody knows everybody knows Till everybody knows your name Till everybody knows everybody knows Till everybody knows (Give me some exposure) Everybody knows your name oh lord, pass me some more Before I have to go oh lord, pass me some more oh lord, before I have to go Thank you East Nashville You all be good to each other you hear |
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Great song, thanks (I did not understand all the words, yet I caught the general meaning Good point, that had not occurred to me. This song is not available with text lyrics, but if you want it I'll provide. |
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as https://coin.dance/poli is showing now for example if I understand it right (I looked not into the right page, sorry, see my next post) That's an important consideration as well, though. It probably tips the scales in favour of the current chain, meaning that even though 2x might end up with more miner support initially, it almost certainly won't have as much business and economic support. As I said, this isn't just about what some miners are doing, it's about what everyone participating in the Bitcoin network does. It's about which chain provides the most incentive to actually use. As an example, if loads of payment processors, merchants and other businesses end up deciding to not support 2x, then 2x probably won't provide enough incentive for the average user to transact. Users want to be able to spend their coins and they can't do that if most companies won't accept them as payment. If users aren't transacting on the 2x chain, then as a result, miners will earn more fees on the current chain, so they'd go back to that and forget about 2x. .. I'll repeat, Lord, Bless the Bitcoin! For me, it symbolizes true freedom, independence and hope to finally get out of poverty! Since, personally, I live in a poverty-stricken, totalitarian country where the standard of living is extremely low, corruption is rampant, and the evil state strangles citizens with taxes, fees and bans |
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Ok i am pretty new to the forum. I am using freewallet for quite some time without any problem
Recently on 4th Nov using freewallet app i exchanged BTC->ETH and BCC-> ETH.
I received equivalent ETH from BCC exchange. BUT BTC to ETH exchange never came through.
Being patient i contacted the support team. Gave them all tx ids etc etc. They kept on assuring me that you will not loose your BTC or ETH..
If any one from Freewallet.org here please sort this out. As your support team is sleeping it doesnt take 72hrs or 4 days for exchange..
my user ID : 3f4b433c
General comment, for holding funds never use an online wallet. This reddit thread has the maker of the free wallet product. https://www.reddit.com/r/ethereum/comments/4jmk1g/warning_to_1000_users_of_ethereum_wallet_by/ |
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Absolutely. If you want to understand bitcoin you must listen to McAfee. But listen to his opinions on how to implement a security plan so you don't get hacked and lose your crypto currency. Otherwise it's meaningless how high it will go, because you won't have any. |
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They can start anytime i guess. There are a lot of mega holders who I guess do spend them. The problem is till it has not reached some sort of peak and plateaued out, the cost in spending it right now is too much. That is what bitcoin has taught HODLers time and time again. Those who adopted early and got 100s of them free can talk about it being a currency and some sort of harbinger of revolutions but what about the people who got in at say 2000$, 3000$ and even now getting in at ~8000$. These people are doing it in the hope that it'll hit 100,000$. They will possibly never spend it for real-world products. For ETH and some other crypto, maybe yes, but highly unlikely to buy a coffee or pizza. (never pizza of course//  ) |
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HODL/Investment = Profit
at some point spending will begin...
I AM SPENDULUS. Spendulus will speak when HODLers should spend. There will be a big party among people freed of debt based fiat currencies.  |
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.....
Yes, that's right, I don't trust Trezor, and I certainly don't trust an SPV wallet no matter if it's called Electrum or anything else.
The HD wallet on Core cannot be generated through a seed, but since I don't know the details, I choose to stay under the old non HD format for now.
It's important to not get overly complicated or confused. Here's the simplest way to create perfectly safe cold storage. Load some wallet like Electrum or Core. Put some bitcoin in a single adress using this wallet. First a small amount, then a larger, then a larger still. Verify that the coin is in the blockchain at the address. Now make a backup of the wallet.dat, the seed words, the passphrases, and triple check that you have them right. Delete the wallet, the blockchain, and the browser you used to check the blockchain. You are now done. You have coin on the blockchain, and cold storage of the access methods (s). Now build another wallet for incidental purchases. It would be easy to maintain only 1 address in a cold storaged wallet, but this is very bad advice when it comes to maintaining privacy. Ruling out Electrum, I would need to keep that 1-address wallet.dat file from Bitcoin Core. So everytime I send coins to my cold storage, they all would end up in a single address, which means it could be analized to find out how much BTC you own. You have to avoid this. You don't want a lot of BTC showing up on these "rich addresses" things (I don't have as much by any means, but it is still a mistake to do that privacy wise). Also if you delete Bitcoin Core you couldn't test if your wallet.dat has been corrupted or not (files can corrupt over time). I agree with your negative comments about sending everything to one address. Didn't occur to me...wish I had enough coin that that was a concern. As for "telling if the wallet.dat has been corrupted," of course any backup file should be tested. Unless a backup is verified by testing, it can't be considered verified. Depends on the program too, of course. With electrum one has the passphrase, the word sequence, and the wallet file. With Core you only have the wallet file, and an encryption password, if that was used. Very good points you raised. |
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