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561  Bitcoin / Bitcoin Technical Support / Re: SSD Recovery on: January 04, 2021, 07:46:56 PM
hello all

my old account has been locked and told to email some recovery email to get it opened again, so i just made a new one to post a quick question.

back in 2014 i was a noob and had some bitcoins on a windows OS on a samsung 840 evo 120gb SSD, i let a friend play around it and they deleted the partition that had my wallet file and installed ubuntu on top of it, i see alot of conflicting information regarding the possibility of recovering my wallet.dat file some say if the SSD has TRIM i wont be able to recover data, others say i have a small chance

the SSD in question was probably turned on a handful of times 5 years ago but not really used at all since, so:

1. Is it t all possible to recover my wallet file if i send it to professionals?

2. do i actually tell the professionals im looking to recover a wallet file?(something tells me to be wary, and if i should how do i word it?)

Thank you!!!

The bolded part is key.  Whatever you do, don't turn it on again.  Likewise, was "turned on a handful of times" and left on for weeks at a time or minutes at a time?  Likewise, if 10GB was installed it is a lot different than if 100GB was installed.

So there is a chance, as far as telling them, if you trust them, yes.  If they are just going to "recover everything on there" they might see the file names too depending of course on what has been over written and not.
562  Bitcoin / Bitcoin Discussion / Re: example wallet.dat on: January 04, 2021, 07:41:21 PM
Hey all,

I've been browsing the web for an example wallet.dat and had no luck finding one. Do i have to reinstall bitcoin core to create a new wallet to find a wallet.dat file or are there any examples around on the web someone kind enough can point me too, thanks.

Usually if there is no wallet.dat file or directory, stopping and restarting bitcoin-core will recreate it.  (And you wouldn't have to re-download the block chain to do so.)

The wallet.dat file is accessed using Berkeley DB, is there something you are trying to accomplish by accessing it directly?

( see e.g. https://github.com/bitcoin/bitcoin/blob/master/doc/build-unix.md
libdb4.8   Berkeley DB   Optional, wallet storage (only needed when wallet enabled)
)

It isn't like bitcoin.conf where it is just a text file, e.g.
https://github.com/bitcoin/bitcoin/blob/master/share/examples/bitcoin.conf


Perhaps if you tell us what you are trying to do you can get more responses.

edit:
Is this related to your other question about recovering an old wallet.dat?  If it is, whatever you do, do not install anything else on the old SSD.

563  Bitcoin / Press / Re: 2021-01-04 Blockstream Debuts Open-source Hardware Bitcoin Wallet on: January 04, 2021, 06:23:52 PM
wallet would initially provide Blockstream Green support for Android only
Blockstream Green mandates multisignature, in which Blockstream hold one of your keys, so it seems the only way to use this hardware wallet is to give Blockstream some control over your coins. It seems from other press releases that when they talk about desktop and iOS support, they are only talking about support for Blockstream Green on those platforms. That's a pretty big flaw for a hardware wallet as far as I am concerned.

Perhaps if and when it can be used with a third party wallet such as Electrum then I'll give it another look, but if that never happens then I'm never touching this device. What's the point of a hardware wallet if you still need permission from some third party to be allowed to use your coins?

I was just going to say almost the same thing, but exactly what o_e_l_e_o said.

About 5-6 years ago, I just bought a new computer and printer for cold storage that never touches the internet.  While these hardware wallets are nice, right now I am more comfortable with a specific portable that is used for cold storage and doesn't rely on a third party to access the coins.  I'd prefer to have full control and not have, essentially, a black box.Even though the source is out there, it still seems quite black boxy to me.

Of course, at $40, it is a lot cheaper than a MacBook Pro or other portable.
564  Bitcoin / Bitcoin Discussion / Re: New Nocoiner narrative, "Bitcoin is not scarce". on: December 31, 2020, 01:16:11 AM
...
Because according to her, Bitcoin's divisbility up to 8 decimal places will make Bitcoin "not scarce". We have also seen trolls in the forum say it. Tell these trolls that a whole pizza, divided to 8 slices of that same pizza, then further divided to 16 slices, is still that same whole pizza.

My initial thought is that she is an idiot who doesn't understand math.  I think in reality, she is carrying water for the fiat loving, anti-freedom political class who sees bitcoin eating away at her power.

Of course, since she won't define her terms precisely, she can make claims with a bunch of hand waving in order for her to try and trick people.

What exactly does she mean by "scarce"?
1 - scarce meaning that only so much of it is available.
2 - scarce meaning that only so many people can own a whole bitcoin, e.g. only so many people can own 100 million Satoshis.  
3 - scarce meaning that only so many people can own ANY quantity of bitcoin, e.g. how many people could own 1 satoshi (or even less with lightning).

If you say #3 is what she's talking about, then she's right that it isn't scarce because everyone can have *some*. Normal, rational, reasonable people would think of #1 and #2 were what one would think about when they say "scarce" but she is relying on people to think she knows more than she does and accept her stupidity as enlightenment.

Reminiscent of someone not understanding Zeno's Paradox.
565  Bitcoin / Bitcoin Discussion / Re: Can someone please explain why my bitcoin balance keeps moving on coinbase pro? on: December 31, 2020, 01:03:28 AM
I understand what you guys are saying with the fees going up and down but I'm talking about while it's on the withdraw form I see the available BTC amount going up and down with me doing nothing but watching it.  To answer someones question, I have purchased other crypto but currently hold none on coinbase pro app, only cents worth of usd.

This is frustrating because I cant remove my full bitcoin balance cause when it shows the available balance, I type that in and all is good, but by the time I click withdraw the damn available btc amount changes lower than my inputed amount and says insufficient funds.  I dont remember it doing this a not too long ago.

Could it be that your amount is being eaten by fees so there isn't enough available to withdraw after fees?
Also, are you using "Withdraw BTC" to "Crypto Address" or "Coinbase.com"?

I look on the web and it shows:
To address
Amount
Network Fee
Limit
Processing Time

So if you had 0.0001 BTC, and the "network fee" was changing or was high enough it would fluctuate showing what was available to withdraw. 
566  Bitcoin / Press / Re: 2020-12-30 Coindesk - VanEck Proposes ETF for Bitcoin, Once Again on: December 31, 2020, 12:54:20 AM
Eventually the statists will approve an ETF.  It is just a question of when.  Will this time be different?  Who knows.  Will it be a positive for the bitcoin fiat price?  Opinions seem to vary, but my view is that the more options for people to use bitcoin, in this case for capital protection/capital appreciation, the better.

how could it possibly be a negative for price? similar to GBTC, the ETF trust will need to accumulate coins from the spot market to back shares---bullish. institutional investors and retail investors alike will also have much easier (and in their minds, "safer" because regulation) access to the market---bullish. there are no doubt prospective investors who are still on the sidelines for fear of touching unregulated markets and unfamiliar exchanges. they're dinosaurs and they want liquid, regulated markets accessible through their preferred broker, and they also want assets they can easily hold in their mainstream retirement portfolios. that's a big market just waiting to be tapped.

here's my concern with where things are headed. coinbase is taking custody of like half of all new institutional investment. and they just bought xapo too, and surely there will be even more consolidation of the industry in the future. 5 or 10 years down the road, is coinbase just gonna have custody of like 5 million coins or something? more?

that just seems kinda scary to me. Lips sealed

I don't know how it could be negative but I've seen some people be anti ETF. 

I agree about the centralization being a problem.  One would hope that perhaps people would keep custody of their own coins, but one never knows.
567  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be tamed? CME suspends their Bitcoin Future Trading Platforms. on: December 30, 2020, 11:46:30 PM
The article isn't very well written, but it says: "The trading has been suspended for some time now."

I can see why if they can't trade 24/7/52 like bitcoin, you would have the entire weekend when futures can't be traded and bitcoin might be 5000 higher or lower from the previous trade.

Of course, that is the point of the futures market, to let people hedge. Seems stupid to have suspended it. At least there are other markets.
568  Bitcoin / Press / Re: 2020-12-30 TheGuardian - Bitcoin surges to record $28,500 on: December 30, 2020, 11:37:04 PM
Quote
Bitcoin has continued its end-of-year Santa Claus rally, surging to a new high of more than $28,500.

The cryptocurrency gained more than 5% to hit $28,572 on Wednesday. It is up 47% since the start of December and is on track for its biggest monthly gain since May 2019.

Bitcoin has almost quadrupled in value this year as interest from institutional investors has grown.

As the US dollar has declined, bitcoin has become a more attractive investment amid concerns that huge government stimulus packages prompted by the coronavirus pandemic will fuel inflation. In the US, a bigger package could be passed once Joe Biden has replaced Donald Trump as president.

https://www.theguardian.com/technology/2020/dec/30/bitcoin-surges-record-28500-quadrupling-value-dollar

Every state-backed currency is crumbling against Bitcoin and MSM cannot stop talking about it.

I think you are right.

Will the statists join the train to protect themselves while trying to sell everyone else out?  Probably.
569  Bitcoin / Press / 2020-12-30 Coindesk - VanEck Proposes ETF for Bitcoin, Once Again on: December 30, 2020, 11:35:45 PM
Quote
VanEck Proposes ETF for Bitcoin, Once Again
As 2020 draws to a close, one of the prior proponents for an exchange traded fund (ETF) based on Bitcoin is trying again: VanEck has submitted an application to the U.S. Securities and Exchange Commission (SEC) for the “VanEck Bitcoin Trust.”

An ETF is seen as advantageous because it trades on the stock market much like shares in popular companies like Apple and Microsoft do.

VanEck has previously proposed ETFs before, withdrawing its most recent application in September 2019. At the time the company said it remained committed to an exchange traded product.

https://www.coindesk.com/vaneck-proposes-bitcoin-etf-again


Eventually the statists will approve an ETF.  It is just a question of when.  Will this time be different?  Who knows.  Will it be a positive for the bitcoin fiat price?  Opinions seem to vary, but my view is that the more options for people to use bitcoin, in this case for capital protection/capital appreciation, the better.

570  Other / Beginners & Help / Re: BITCOIN FORUM account opened today. So many questions.......lets talk anonymity on: December 30, 2020, 06:36:48 PM
I used to be the guy that trashed bitcoin but i decided to do alot of research and finally bought in at around 15.5K; needless to say i am happy with my overall return thus far.

Question on anonymity.  I bought my Bitcoin from Coinbase (like i said newbie), anyway, I learned what a wallet is and decided to transfer my bitcoin.  I also learned i can be tracked via my bitcoin address because of my initial purchase from Coinbase (KYC).

Can i clean my bitcoin by sending it to an exchange like Houbi, then sell and repurchase, then send it to a brand new wallet?

Or convert to Ethereum wait a few days and then reconvert to bitcoin?

Am i overthinking this?   Anybody wanna help a brother out.  Thanks.
In addition to what others have said above, selling and repurchasing won't buy you much, if anything.  Merely depositing it, waiting and then withdrawing a different amount first, and then the balance later would probably do as much.  You should make sure you are complying with the laws of your jurisdiction whatever you do though.  Converting to ether or something else works too, but if you convert 1.23456789 bitcoins to ether and then the exact same back a few days later, someone might notice.

Much also depends on your goals and timeframe. 

- If you intend to hold it for some long time period, you can just leave it where it is.  Once taproot is active, it will create some additional privacy improvements that you will be able to use to protect your privacy.
- If you intend to gamble with it now and IF online gambling is illegal in your jurisdiction, then you should consider different options.

So, is your goal to hold or something else?

571  Bitcoin / Press / Re: 2020-12-29 FoxBusiness - Panthers' Okung first NFL player to be paid in bitcoin on: December 30, 2020, 03:30:53 PM
It would be interesting to see more sports players asking for compensation in BTC but this isn't what's happening:

https://www.theverge.com/2020/12/29/22205181/nfl-russell-okung-not-paid-bitcoin-debunk-carolina-panthers-cryptocurrency

Quote
More like "NFL player decides to spend half his salary on Bitcoin"

Looks more like an ad campaign to be honest: https://twitter.com/RussellOkung/status/1343941366024433665

Yeah, you are right.  It is too bad that Okung lied about it or someone lied to him about it.

He is a big bitcoin supporter though.
572  Bitcoin / Press / 2020-12-29 FoxBusiness - Panthers' Okung first NFL player to be paid in bitcoin on: December 29, 2020, 09:46:20 PM
Quote
Carolina Panthers offensive lineman Russell Okung has fulfilled his goal to be paid in bitcoin.

Okung will become the first player from any major U.S. sports league to receive a portion of his salary in bitcoin, according to NFL Network. Okung, who is owed $13 million in 2020, will receive half of it in bitcoin as part of a partnership with a Bitcoin company.

https://www.foxbusiness.com/sports/panthers-russell-okung-will-become-first-nfl-player-paid-bitcoin

He seems to be vocal about the benefits of bitcoin, "life, liberty, and #bitcoin".  I suspect he would've preferred to have been paid half that in bitcoin back in September, October, or November given the increase in fiat price since then.


* Vocal, see, e.g.:
https://twitter.com/RussellOkung

573  Bitcoin / Bitcoin Discussion / Re: How do you use bitcoin? on: December 29, 2020, 09:09:13 PM
There are many countries where bitcoin is not accepted legally, so how do you use bitcoin in that country? Usually if you raise the level of bitcoin use in that country then you may get into legal trouble.
So how do you use your earned bitcoin in that country.

Save it and keep it to protect yourself from the control freaks running that country.  That would be my advice.

Just don't spend it if it will get you in legal trouble, but it will give you an escape route if the statists in charge there clamp down further on people's freedoms.
574  Bitcoin / Bitcoin Discussion / Re: Had you sold your Bitcoins ? on: December 29, 2020, 05:21:01 PM
I already sold out all my Bitcoins, and other crypto.

I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.

What about you?

I have (and have had) faith in the long term benefits of bitcoin and that more and more people will realize them.  

I would be surprised if it ever gets down to 6K again - it could happen, just seems less likely with every passing day.  There are still people who wanted to buy "when it gets back down below $1" or "below $30" or "below $100/$1000/$2000" and enough people realized that (a) bitcoin is getting more and more solid and likely to remain so as time progresses (e.g. 2010 or 2013 it was much more experimental than 2020), and (b) more people are coming into the market to protect themselves.  Every new high there are people say they'll rebuy when it gets to $X again, most don't or it never gets down there again.

There are no guarantees of course, but every year that bitcoin survives increases the odds that it will be a long term success.

575  Bitcoin / Bitcoin Discussion / Re: What has bitcoin done to you? on: December 29, 2020, 04:42:55 PM
...
Honestly, I am one of those who regret that I did not buy and hold when the price was still low, also due to lack of adequate investment. So next time I will not hesitate to buy and hold it. I just hope I have enough money to buy when its value goes down again.

...

The funny thing is, I remember reading here (and on slashdot) before it hit dollar parity that "the price was high."  People were talking about "when the price goes back down to $0.10 or $0.50" then they'd buy.  Then at dollar parity, people said pretty much the same thing:  "I regret not buy when it was still low [e.g. below $1]" and "the price is so high" and "it will drop below $1 again and collapse since it is a ponzi/scam/you name it.".

Ditto at ~$10, $30, $100, $1000, gold parity, $2000, $5000, $10000, and now at $25000.  Every time it is the same thing.  No one knows the price direction in the short term from here, it is just market timing which rarely works unless you are lucky.

If usage continues to grow both as a transactional vehicle and asset class, the price will follow.  Bitcoin's future gets brighter with each person that realizes the value proposition.  In X years will people be looking back and saying "I wish I had bought when the price was so low at $10000 or $25000"?  Probably if corporations and others keep using it to protect themselves and their shareholders.  Everyone who bought or mined any bitcoin prior to a few days ago has a profit (huge, medium or small).

The question is, did the people who at $20000 in 2017 and who were lamenting how they wanted to buy at a lower price and would do so, actually buy at $3000 in March of 2020 or did they hesitate again?  Most probably didn't buy.
576  Economy / Speculation / Re: When will bitcoin price start Falling? on: December 29, 2020, 04:35:12 PM
I've been thinking, it's now very scary to buy bitcoin, as the bullish movement is at an unexpected level.

When do you think bitcoin price will start falling?

What are the signs to watch out for?


No one knows - if anyone knew when it would start falling, they'd be Nostradamus.

Who thought it was unexpected?  Eventually as more and more people realized the uses, it seemed pretty expected that the fiat price would rise along with it.  Will there be ups and downs along the way?  Sure, it has been like that since 2009.  

The keys are: 1. Only invest what you can, 2. don't borrow, 3. don't keep your coins on an exchange (unless it is really reliable, and even then...), 4. Wait -give it time as even more people want to protect themselves from inflation, confiscation from statists/authoritarians etc.
577  Bitcoin / Press / Re: 2020-12-28 Bloomberg - Bitcoin on Longest Winning Run Since 2019 After Record on: December 28, 2020, 04:52:53 PM
To me it seems as if some people try to cause a panic by attempting to sell a (relatively) large number of coins in bulk.  The market seems different than in the past in that it is more dominated by larger entities that are buy and intending to hold, not buying and with the intent to trade.   This is good because it brings more stability, at least compared to years past.

Whereas someone dumping 50 coins at the market price previously might have cause more people to sell, now it is a buying opportunity for people who are amassing larger holdings of coins. 

I hope that it continues and institutional uptake and usage keeps increasing.  Certainly people who want to protect some assets should be buying here - and certainly at lower prices in the Spring of 2020....on January 1, 2021, hindsight really will be 2020.
578  Economy / Speculation / Re: Can you really 'Sell High and Buy Low' in this 2020 BITCOIN Bull Run? on: December 27, 2020, 11:19:08 PM
Is it really possible to 'Sell High and Buy Low' in this bull run?

First I sold some at 19600 hoping it will pull back before crossing 20k and I will buy back at 'LOW'. It never pulled back. 

Then I sold some again at $25k milestone, hoping that it will pull back which never did.  I then sold some at $25800 hoping it will pull back before going further. And again it never pulled back.  BITCOIN is just going ATH after ATH.  BTC is setting new ATH every day, if not every hour  Grin  I stopped selling now  Cool

It's not like I am complaining, far from it!  I am enjoying every bit of it.  But how can we really follow the mantra of 'Sell High Buy Low' Huh Tongue

Just don't sell anything until $500k+, then only a little.
579  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: December 24, 2020, 10:05:38 PM
I reread the introduction - but I still don't understand what is the reason? Is the author not saying something or deliberately omitting some nuances? Perhaps the bank was problematic, but the author decided to ignore the warnings? Perhaps the counterparties were not clean on their hands or fell under financial monitoring, which they also always inform about? There must be real reasons and grounds for blocking funds. Just like that "because we wanted it" can only be in countries with totalitarian or criminal regimes. Can the author publish funds blocking protocols, official letters? It will be transparent, understandable and open ... And this looks one-sided

governments and banks can steal at will buddy, better get with the program.

In fact, after making a deposit at a bank it is no longer considered legally your money, it's an obligation on the bank to repay, i.e. it is a loan.

This is what all these "bail-in" laws have been put in place for, "The Great Reset" is coming. Some stupid people have too much money loaned to the banks ... and the stupid governments have too many debts to pay off after wasting it on all manner of hare-brained (socialist) schemes. Match made in heaven.

Somewhere I may agree with your thoughts, but not everything is so bad and a little wrong Smiley For example, in my country there is a so-called "deposit guarantee fund", which, albeit not fully, but insures such situations. The meaning of this fund is that the state fund accumulates funds at the expense of the same commercial banks, and guarantees that at the expense of this fund, if the bank cannot fulfill its obligations, an amount of up to $ 12k will be paid. This, of course, does not compensate for a $ 50k deposit, but most depositors do not keep such amounts on deposits.
And what happened in Cyprus is a reaction to the criminal acts of the government, the government that the people themselves chose and allowed to bring the economy to such a state. I will say this - I have been to Cyprus often (as a tourist), so the population there is quite lazy, although in their situation they would have to try harder and work better. But all the time they were waiting for handouts from the EU, aid, loans, i.e. waited for someone to solve their problems for them. The result is quite predictable, and private businesses suffered by inertia ...


I have to agree with this, although as you note, the guarantee fund wouldn't cover this since it was the government that imposed the seizure. 

I think most people here would agree (as does the OP in the thread) that if the OP had held his assets in bitcoin, the government couldn't have seized it.
580  Bitcoin / Bitcoin Discussion / Re: Breaking news: Skybridge Invested $25 million in Bitcoin on: December 23, 2020, 06:21:26 PM
After the success spending of $1.1b on Bitcoin this year 2020. Microstrategy now holds 70,470 Bitcoins. Scaramucci of skybridge credited “Michael Saylor" CEO Microstrategy for inspiring him to start his Bitcoin funds, which he invested $25million on Bitcoin recently.

Could this help the market capitalization and trigger a bullish trend? If after the next halving in 2024, do you think more companies will join the likes of Microstrategy and Skybridge to take invest on Bitcoin in a large amount?

Let us share our thoughts, Thank you.

Source: https://www.coindesk.com/scaramuccis-skybridge-invested-25m-in-new-bitcoin-fund?amp=1&__twitter_impression=true

I don't know why they would wait that long, e.g. until the next halving.  If they are convinced of the value of bitcoin, they'll do it sooner vs later. 
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