Dear DarkStar_,
may i get a hint whether my post quality is not exceptional to join this campaign when full?
Or do you consider my post quality too bad for this campaign generally?

Hello, i'm looking for a long term campaign. I hope i am qualified enough for this one.

Username: bob123
Post Count: 956
BTC Address: 15aebm4X1Njcmbr324aERr6WtQtYV15FSB

Hello, i'd like to apply fo this campaign.
Will change avatar/signature immediately after being accepted.

Username: bob123
Rank: Sr. Member
Current number of posts: 955
Bitcoin Address: 15aebm4X1Njcmbr324aERr6WtQtYV15FSB

Your coins are not on a "segwit chain". There is no legacy-/segwit chain.
You have your bitcoins stored in a segwit-address format.
Regarding the fork, you don't have to move your funds to "get your free coins".
It doesn't matter whether you store them in legacy or segwit format.
As long you have access to your private keys, you will be able to access your forked coins.
Ledger will probably be dealing with this fork as with earlier fork already.

Bitcoins are "stored on" addresses. To be able to spend bitcoins you need the private key of the correspondending Public Key (basically your address).
Seeds are used to generate multiple private-/public keypairs without you having to backup every private key itself.
If you want to "change your seed" you basically have to create a new seed and send your funds to an address generated with the new seed.
You can *basically* look at a seed like this:

In my opinion electronic money does have a lot of advantages compared to physical money. Some would be:
1) Electronic money can be sent around the world within seconds (even tho confirmation takes ~10 minutes, money can travel extremely fast this way)
2) Cash can be tampered. This is not possible with Crypto currencies as long any hashing algorithms used are 'safe to use'.
3) Cash can be destroyed and therefore can be "taken out" of the market. I know.. btc's can be sent to an address, owned by noone, to "destroy" conis.. but this still doesn't destroy them really.
4) If secured right, electronic money can not be stolen as easy as cash. Yes, there are a lot of CC frauds.. but this is due to CC's not being safe from frauds/theft.

I think we (people on the world) are going to only electronic money in the future. Cash probably will be extrinct in 10-20 years. I dont think we will be using bitcoin as main currency in the future
but i am sure ther will be regulated crypto currencies offered by governments. Credit cards are just a "step in between" cash and crypto currencies.

In order to successfully securing your bitcoins you have to split your btc/btg. This does not work if you just export your seed/private keys
and import them to another wallet-software. In fact.. this may even harm your btc. You should try not to move your seed/priv keys around
on your pc a lot. When you export/import your keys, you basically don't change anything besides the User interface you are using to access your funds.


You have 2 options:
1) Send BTC to a new btc-wallet (new address, not just new wallet-software) and pay a 2$ fee (may be higher with lot of dust inputs)
2) Safe 2$ on fee but have your btc at risk when importing private keys to "claim" btg.

I can imagine exchanging/buying/selling to get illegal in single countries.
But i have trouble imagining mining to get illegal. Governments can put regulations on bitcoin, or stop dealing bitcoins.
I dont see how they could theoretically forbid to mine bitcoins. IMO its highly unlikely for governments to forbid using your PC
to calculate hashes and being connected to the bitcoin network. I mean.. alright china may be such a country (which sh*ts on human rights)
which i would give credit for banning mining. But in the most parts of the world i dont think mining will get illegal anytime soon.

I think you are not viewing at the things right. Bitcoin does not really have "big" technical issues.
And nor are those technical issues "handled/resolved" with forks. There are just groups of people out there
who don't agree on how bitcoin 'has to work'. Groups of people get together and start 'improving' bitcoin.
After convincing people of their improvements they start to fork from bitcoin, mostly to be the real (and better) bitcoin (e.g. bch, btc2x).
There may be coins out which could handle those mass of transactions better than bitcoin. But being a better coin does not directly mean
it also will get popular and rise in value. It is still about "who was first". The biggest userbase grows faster and bigger than a small userbase.

You are right. Replay attacks have to be started by an attacker. Those won't happen "automatically".
Regarding your second point: If you first (after the fork) send your bitcoins to a new address owned by you, the transaction still could theoretically be replayed.
But an attacker just had no advantage in replaying this transaction since it would sent your bch to an address under your control.
Still this can be performed by an attacker to spread fear around. Trolls are everywhere.
If you want to get sure none of your transaction gets replayed you have to send your btc and your bch to a new (not equal) address.
From this point your transactions can't be replayed since there are no inputs on the (respectively) other chain to spend.

Thats one kind of malware aiming to crypto currency owners. This is probably the easiest form of malware to implement.
I think there are more dangerous malwares in the wild. Starting from wallet.dat stealer (which also is pretty easy to implement)
up to a tool which reads out the memory for private keys or any usable dumps which tries to push TX instant when a private key is found anywhere.
The only way to be safe from that is to use a 1) Paper wallet or a 2) Hardware wallet. A hardware wallet provides enough security, so that
private keys can't be exported and with double checking address (when approving the transaction).

ICO's are mostly gambling. Not real investment.

I don't think its too late to invest into crypto currencies. Of course you won't get such a big profit in such a
short time how early adopters of bitcoin did. But there are a lot of interesting projects available.
Just read into some and decide in which to invest. Investing into bitcoin is probably the best way starting crypto investments.
We are living in a time where the payment is changing. I am sure crypto currencies will be the standard payment method
in 10-15 years. I don't really think it will be bitcoin which will be used worldwide.
But there will definetly come new (regulated) crypto coins provided by governments.

Its up to you. You don't have to store your coins on an explicit format to "gain profit" from the fork.
I would prefere the legacy format to store coins long-term. Thats just my personal opinion. 
But if you are going to spend a lot of your coins and moving them around quite frequently the legacy format may be better for you.
Besides "only" having lower transaction fees/size there is "no real advantage" in storing them in segwit.

What do you mean with encrypted requests? In this scenario there is no request at all. So nothing can be intercepted.


A wifi can't distribute a virus. Hosts within a wifi network can distribute malware. But a public wifi itself (i guess you mean a router ) does not distribute malware.


Again.. no data is transfered. OP is talking about a wallet stored on the laptop, but not being accessed while on wifi.
And an attacker could not "decrypt it pretty easily". How should someone decrypt something easily with it still being called encryption?
Do you really think encrypted wifi traffic can be decrypted easily
If its easy to decrypt traffic.. a tunnel is senseless as f***. A tunnel is made to send traffic encrypted in unsecured wifis.

Pls guys. First read into a topic and don't paste so much senseless contradictory posts.

As long as your files are intact and you have every password you need your bitcoins are safe.
First you should copy them 2 times. From now on you have to work with a copy of your files.
You have different options to get your coins into a new wallet (to be able to directly access them).
You could either

• 1. Download bitcoin core wallet and import your wallet.dat. This needs a lot of HD space and takes time to synchronize.
• 2. Export your private keys from wallet.dat with (i think):

• And import them into a lightweith wallet (e.g. electrum)
• or 3. You download a tool which will scan your files for private keys and dump them into a new wallet.dat containing (most, dont know if all) your keys0/li]
  
  • You should definetly make sure to download the right tools from github (look at source code)

Actually there are no segwit- and legacy wallets. This term just describes in which address format you store your coins.
You can either store them on a (original) legacy format address or on a segwit address format.
The decision in which format you store your coins is up to you. But i would prefere the legacy format to store coins long-term.
If you are going to spend a lot of your coins the legacy format gives you advantages regarding transaction fee.

Basically your laptop (private keys, passwords) are safe. But with a man-in-the-middle attack and a few (browser-)exploits
there is a real (theoretical) threat to your coins. At least as long your private keys (or passwords) are stored unencrypted.
I personally would not store big amounts on a pc which will access open wifis a lot. If you do, make sure your keys/wallets
are encrypted with a strong password. It has to be (almost) impossible for an attacker to crack it. Because i would not consider
such a laptop as (completely) safe. In this case i would definetly recommend to use a hardware wallet.

I agree with your overall thought. The current system needs a reformation. A crypto currency itself is a good way to handle most issues.
But with bitcoin being decentralized i don't think bitcoin will be fully "accepted" by governments in the future.
Plus the fact that bitcoin can't be regulated by the government makes it very unlikely for btc to get adopted completely.


There are better concepts to implement such a method. I would prefere ethereum over bitcoin network in this case.

Thats true, but nothing a centralized, non-pseudonymous,  system could not reproduce.

Honestly i dont think bitcoin is too complicated for the average people.
Bitcoin is not addressed to 70y old zombies. And thats good.
There are a lot of online services which make it easy for you to set up a (or better: download your own ) wallet.
Afterwards you just have to register in a marketplace and you are ready to buy. Nothing more.
If people are "barely able" to browse youtube videos they just should not touch the internet at all.

Most exchanges wait for 20 confirmations until you are credited your deposit.
The block generating time varies extremely. When difficulty on bch chain increases its more profitable for miner
to mine on the btc chain. This results in a long confirmation time. The time varies from minutes to hours.
Its better not to support hardforkes which use the same hashing algorithm.