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5601  Bitcoin / Project Development / Re: Kraken DCA Bot on: February 21, 2023, 03:56:28 PM
It takes away the stress, as you no longer time the market, but buy as often as possible at all prices.
My stress-free method of doing that is buying/selling at fixed days, either monthly or weekly.

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Are you sure that you will buy every month, using your strategy?
Yes.

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I understand your theory, but I doubt that your psychology will not interfere with it.
I've learned a long time ago that I can't time the market.

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And what if you buy 500$ at the beginning of the month and the day after bitcoin is at 30% discount... Won't you pull your hair, because you could have waited just one more day?
Yes, it happens. But it happens in the other direction too.

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I literally cannot lose with this strategy.
Sure you can. If Bitcoin goes up, you could have had more by buying sooner*. If it goes down, your purchasing power goes down.

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I absolutely love it!
That's what matters. If it works for you, keep doing it Smiley

* Hypothetical, of course. The same "problem" exists if you spend Bitcoin, and it increases in value afterwards. But as I read on the Wall Observer a while ago: "That's the problem we want to have".
5602  Bitcoin / Bitcoin Discussion / Re: Private keys posted on Bitcointalk on: February 21, 2023, 03:30:08 PM
All they really care about is a way of maintaining a well connected mempool in order to quickly receive any newly broadcast transactions. For each incoming transaction, they will presumably have something like a huge lookup table database
I hadn't realized this until you posted it. It makes sense, and they don't even need the mempool anymore, all they need to check is every new transaction the moment it first arrives. So that's at most 7-ish transactions per second, or better: every xxx milliseconds a new transaction arrives, and they check them instantly (one at a time).
Kinda like BitBonkers, but with sweeping instead of visualizing.
5603  Bitcoin / Project Development / Re: Kraken DCA Bot on: February 21, 2023, 02:39:33 PM
You deposit, say, 500 dollars each month. The bot will notice that you did a deposit and reserves time for another month in which it will buy bitcoin until that time is over. It will always buy 0.0001 bitcoin (if you don't adapt this value). At the current price (24'700$) it could execute 204 times the 0.0001 bitcoin buy order. It will spread those buys equally over the next month, so that you run out of money until that month has ended.
But why? What's the point of making 204 small buys instead of just buying $500 worth of Bitcoin at once?
DCA is only worth it if the price drops. In that case, you'll end up with more Bitcoin. But if the price goes up, you would have been better off buying in a lump sum. And even if you buy $500 "lump sum", it's still considered DCA if you do it every month.
Because Bitcoin goes up on average (why else would you invest in it), I believe your DCA-method will result in a (slightly) smaller Bitcoin stash than if you'd buy $500 worth of Bitcoin once a month.
5604  Bitcoin / Bitcoin Discussion / Re: Is this a safe practice sending Bitcoin and accessing Bitcoin wallet? on: February 21, 2023, 02:16:53 PM
First, you should realize "safe" is always a compromise: it's never 100.00000000% safe, there's always some risk. So that leaves the question if it's safe enough, and the answer depends on your personal preference.
I connect my smartphone, laptop and other devices in the house to my router. Many people do that, and it's not something I worry about. At least the router uses NAT, so that's an additional barrier between the outside world and my device. I'm not sure if my mobile data provider does that too.
The next later of security is only using small amounts in your hot wallet: don't keep all your Bitcoins on your phone! Use offline cold storage for the majority of your funds, and only expose funds that you can afford to lose to the internet.
5605  Other / Meta / Re: Newbie account got a username change ! First one in my eyes on: February 21, 2023, 09:25:37 AM
Have anyone seen such a username change scenario before ?
Yes, it happened to alia too. I expected this one to be fast.

@LoyceV @TryNinja you two might want to erase the old name from your bot archives as well.
For me, that would mean manually editing many files. I don't really feel like doing that, once something's on the internet, it can't be forgotten anyway. I've updated my complete List of all Bitcointalk usernames.
5606  Economy / Service Announcements / Re: [ANN] ChipMixer.com - Bitcoin mixer / Bitcoin tumbler - mixing reinvented on: February 21, 2023, 08:57:34 AM
I used to have a good risk score when using this mixer, but now it is 100%, and marked ChipMixer.
That means nothing. It has always been obvious to find which transactions (likely) came out of ChipMixer. Adding an arbitrary "risk" score is just a way to make you believe your Bitcoins are somehow worth less than someone else's Bitcoins.
The solution is easy: don't use any service that claims some Bitcoins are "tainted".  Money is fungible, treating Bitcoin as if it's not is an attack on the very existence of Bitcoin.
5607  Bitcoin / Bitcoin Discussion / Re: Private keys posted on Bitcointalk on: February 20, 2023, 05:12:26 PM
I am surprised to read this. What kind of systems are these?
I'm not sure. I guess it's some customized wallet software.

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How are they able to monitor if a private key is leaked or not.
See for instance Collection of 18.509 found and used Brainwallets, but it could just as well be from hacks or leaks.

There is a way that you can make money with them, if they are old keys and moved coins in the past, then you can get clam coins with those keys.
Clams aren't worth much anymore. And I'm pretty sure someone thought of claiming them already Wink

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And another fun way to make money with that list is by selling it in one of those services that let you sell files or compressed folders for cryptos. For sure some users would be interested in buying that list.
Good point. They're probably being sold already.
5608  Bitcoin / Bitcoin Discussion / Re: Private keys posted on Bitcointalk on: February 20, 2023, 04:14:35 PM
is it possible to see statistics or a graph of the number of posts with an exposed private key over a period of time? is the trend decreasing or are we talking about wallet security here in vain?
That's not going to be easy without manual checks. Many people post keys knowing they're compromised already, or they're partial private keys for (secure) vanity address generation. Many keys gets posted more than once (or quoted), and I don't really want to check 10k+ posts.
5609  Bitcoin / Bitcoin Discussion / Re: Private keys posted on Bitcointalk on: February 20, 2023, 03:57:34 PM
I was curious about that scenario too. That would mean that (eventually) only miners profit from funds sent to addresses with leaked private keys.
After a while it makes you wonder if it could actually work the other way. More and more people stop running the bots since it really does become pointless and they are slowly forgotten about.
No, that can't happen. Just one bot is enough to take the money, and if nobody runs it, someone will. If it's profitable for one person, someone else will do the same. So even if some people stop their bots, others will join.
It's never going to change: once a private key is compromised, funds will disappear.

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Yes in theory this is 'free money' just by running a script. But the 1st time they go to consolidate all the dust they have since fees ate the rest do they just walk away.
Not all transactions are dust.
5610  Other / Meta / Re: The future of Bitcointalk: Low Ranking Top Merit earners in the past 30 days on: February 20, 2023, 11:09:46 AM
Did you got a notification or alert in the profile for this ?
You may be interested in LoyceV's notification bot (7 days retroactive) or [TELEGRAM] Yet Another BitcoinTalk Notification BOT (merits, mentions, topics,+).
5611  Bitcoin / Bitcoin Discussion / Re: Private keys posted on Bitcointalk on: February 20, 2023, 10:51:12 AM
I've made such mistake some years ago when I was really new to crypto. I wanted to send someone my wallet address and I mistakenly sent him my private keys
I once entered my private key in a Google search field. It's such a common thing to do: "CTRL-V > Enter", and it's gone. The best way to prevent this is by making sure you can't make this mistake: never handle private keys on a system that's connected to the internet.

Things will get quite interesting once full RBF becomes commonplace. Any such transaction stealing coins from a brain wallet or leaked private key could be replaced by another transaction, regardless of whether or not is opted in to RBF or not. We could end up seeing different bots broadcasting more and more replacements, each paying a higher and higher fee, trying to steal the coins for themselves. Since there is no incentive for any one such bot to surrender and let another bot win, then such transactions could just escalate until the entire value (or close to it) is paid in fees.
I was curious about that scenario too. That would mean that (eventually) only miners profit from funds sent to addresses with leaked private keys.
5612  Bitcoin / Bitcoin Discussion / Re: Private keys posted on Bitcointalk on: February 20, 2023, 10:17:30 AM
I believe no one is stupid enough to post them online
Did you click the first 2 words of this topic?
5613  Bitcoin / Bitcoin Discussion / Re: Private keys posted on Bitcointalk on: February 20, 2023, 09:41:43 AM
I think that the number is bigger, since some have posted them as images which you could not "scan".
My list is indeed not complete. I didn't search for Hex keys either, only WIF.

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in some cases I remember there was a scam spree of posting "by mistake" ETH private keys for wallets
I didn't search for altcoin private keys.

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for some addresses the number of transactions was too big and the Electrum servers were cutting me off
That must be why the wallet grew to 2.2 GB. With just private keys, it was only a few MB.
5614  Bitcoin / Bitcoin Discussion / Private keys posted on Bitcointalk on: February 20, 2023, 09:10:15 AM
This post made me curious: how many private keys have been posted on Bitcointalk?
To find out, I searched all downloaded posts (which took hours) for anything that could be a Bitcoin private key. That resulted in 9375 potential keys (not all of them are valid, and no, I won't post the list).
Yesterday, I imported the private keys into a new Bitcoin Core wallet (this took only a few minutes), and did a rescan. This took forever, but was mesmerizing to watch: the balance went up and down by many Bitcoins, and this kept going for hours! I left it to finish overnight.
This morning, Bitcoin Core was hanging. I killed it, restarted it, and it took forever to load the wallet (which had grown to 2.2 GB during the rescan). Eventually, it worked! It's up to date, and the total balance is 0 (as expected). Every few minutes, Bitcoin Core is unresponsive for a few minutes, most likely because of the large wallet combined with a lack of processing power. It's not very nice to work with, and consumes 1 full CPU core.

Scrolling through the transactions, it's obvious any incoming transaction instantly gets sweeped, usually at a high fee. I assume many people have systems monitoring all compromised private keys, and they're competing against each other to steal the funds before someone else does. Back in the days, it happened to large amounts of Bitcoins, but the more recent transactions are mostly small. Except for last month (January 24): this address received 0.84362383BTC, which was instantly sweeped. The private key was posted 2 months earlier:
according to my notes the private key for that address can be: 5JgC6gcHCkyBqmgbyarpFHBHzpfNkZYKNJA3piM42ZYbvCUc1fW
Someone made a very expensive mistake funding it. I'm hoping pbies can tell me where the private key comes from.

TL;DR
Don't post your private keys! Don't post your seed phrases! Don't try to be smart by creating a brain wallet!

No spam
Self-moderated against spam. Discussion is of course allowed.
5615  Other / Meta / Re: Can I pleaaaseeee change my name on: February 20, 2023, 08:26:59 AM
The Skeptical Chymist had to wait quite while for it to be approved to change its username from The Pharmacist.
From what I've seen, Admin can be faster when it's for privacy reasons. But even if OP's name gets changed, his name can always be found back later. Once it's on the internet, it can't be forgotten.

wouldn't it be easier to just abandon it and create a new one instead?
That would really break the link with OP's current account.
5616  Other / Meta / Re: Why not force bounties off site? on: February 19, 2023, 09:35:16 PM
If you want to know why bounties are tolerated on the forum, you might wanna read the theymos take on the subject and why its very unlikely that they gonna be removed any time soon.
I don't get why altcoin giveaways aren't allowed, and this bounty crap is. It looks like a gigantic loophole to this:
Most giveaway threads are no longer allowed in the Alternate cryptocurrencies sections. From now on, posting or replying to such threads could result in being banned. Existing threads will be locked.

Specifically, you are not allowed to give people any incentive to post insubstantial posts in your threads. You can't offer to pay people who post their addresses, usernames, etc. You can do giveaways off-site and link to the giveaway page in a thread, but you can't give people any bonus for replying to your thread.

How is this not a violation of theymos' rule?
#Proof of authenticatin
bitcointalk Username: ayanrumi
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2638209
Campaigns you apply: Telegram , Twitter
Bsc address: 0xF035d88A632eE4699E94c87e8742B0eF1AB956F9
Let's see what's posted:
On the first line, he can't even type the correct word.
The second line posts his username. Yes, we can see that already, and offering to pay people to post their username was specifically mentioned by theymos.
The third line posts a link to his profile. Yes, we can see that too.
Then the ones they're going to spam: Telegram and Twitter, apparently.
The last line shows an altcoin address, that's also what theymos mentioned, and by my interpretation isn't allowed.

This whole post is utterly useless. And there are millions of them!
5617  Bitcoin / Bitcoin Discussion / Re: Get Loyce addresses and convert them to bloom filter [WiP] on: February 19, 2023, 06:19:31 PM
Bloom filter Newbie here: what can this be used for?
5618  Economy / Gambling / Re: Crypto casino project - bug hunt & feature ideas on: February 19, 2023, 02:07:06 PM
If fixing 70+ bugs and adding 60% custom code is "making a few tweaks" then sure I made a few tweaks.
I plan to market it as my own since it is my own. Given enough code is changed Im allowed to call it my own. If you don't like it i suggest you to click the X in the upper right corner of your browser.
I'm no expert on copyright, but I've seen enough to know this is not how it works. It sounds like you're using commercial software as if it's GPL software. That's now how it works. Even if your claim is true, 40% is copyrighted by someone else. And the fact that you based the other 60% on their work isn't allowed either.

It's much easier to start when you have a base, no matter what it is.
Of course it's easier, but that doesn't make it okay.
Why don't you start from scratch? That way you can really call it your own.
5619  Economy / Reputation / Re: Abuse of negative trust – mr.relax on: February 19, 2023, 08:26:44 AM
He should read this:
The system is for handling trade risk, not for flagging people for good/bad posts/personalities/ideas.
5620  Bitcoin / Bitcoin Discussion / Re: Bitcoin hits 500 GB size hard disk data on: February 19, 2023, 08:23:53 AM
luckily my 2012 stash pops up on GUI display in the first ~100gb*
~
* (im hoarding thus dont want to spend these)
Are you using a hot wallet for long-term holding?
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