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641  Economy / Web Wallets / Re: Official Topic - How to use Bitcoin Cash that are stored in Blockchain.info on: August 05, 2017, 03:41:24 AM

The problem is, when i go to "Blockchain wallet - settings - addresses" i see no address there, the following message show up
"Imported addresses Not supported by your recovery phrase. Transfer to a portfolio to secure funds."

It looks like you imported an address to your blockchain wallet. Settings - addresses - imported addresses - scroll down - there have to be an address or addresses. Click more options, if you imported an address using private keys properly then you will see private key and transfer option. Only after writing down the private keys transfer your funds to blockchain wallet.

If an address is watch only then you imported an address without private keys.

Quote
Imported addresses are not backed up by the wallet recovery phrase. We strongly recommend you to transfer funds from imported addresses into this wallet by going to Settings -> Addresses -> Imported Addresses -> Transfer All.

https://support.blockchain.com/hc/en-us/articles/210353823-How-do-I-manage-Imported-Addresses-

https://support.blockchain.com/hc/en-us/articles/209564506-Make-a-Wallet-Backup
642  Bitcoin / Bitcoin Discussion / Re: Mainstream Media: Bitcoin split is good on: August 04, 2017, 06:31:09 PM
I am in favor of Segwit, off chain transactions, LN, Schnorr signature, these are necessary to prevent miner manipulation to some extent and also to give users a choice. I am not good with too much technicalities, basics, Segwit is a block size increase/block weight increase. Transaction malleability, 4:1, 1:4. If I am right the base limit is around 2 MB.

Now I guess this where the big blockers don't agree. I personally do believe 1 MB blocksize wouldn't be enough forever, sooner or later it needs to be increased. Big blockers believe a soft fork implementation to increase blocksize wouldn't be sufficient in the future and I guess Segwit + 2x increases the base block limit to 8 MB.

But hard forking the network three months from now would be suicidal. I am not dragging myself into the politics of bitcoin, just my opinion. Core has been working on bitcoin from the beginning. I don't know if Core would agree upon a hard fork or not. If yes then the Core developers and Jeff Garzik team of developers could work together to create a robust code through efficient planning and multiple testings and then implement it one year from now.

In my honest opinion I do believe bitcoin should scale with an equal blend of off chain and on chain implementations. Off chain solutions might be a bit harsh on miners, once all the bitcoins have been mined, incentives would be transaction fees only, a necessity for a PoW protocol, and off chain solutions would keep them in check.

As far as LN or big blocks are concerned, then the centralization argument can be put forward from both the sides. There is and would be centralization in some of the working modules of bitcoin, but as far the whole protocol isn't served into a platter and handed it to the government, I am good with it.

BCH has opened a Pandora's box. ViaBTC was planning to launch an ICO to buy/rent hash power to fork the network. Some individuals with heavy pockets wouldn't shy away from forking the network for their own personal gains. Splitting protocol, multiple chains/coins, uneven distribution of hash power, lack of decentralization and security. In the end bitcoin users would end up holding different pieces of bitcoins.

I had read a post on discussion thread today from an user asking when is the next fork so he/she can cash in quickly, no shit given about the consequences of a fork Grin

Bitcoin is an open source protocol. Everyone can argue and create a lot of commotion, but at some point in time everyone would have to agree up on something or make a compromise for a cause which they believe in.
643  Economy / Web Wallets / Re: Official Topic - How to use Bitcoin Cash that are stored in Blockchain.info on: August 04, 2017, 04:52:20 PM
Sorry it's working now
I can see my Bitcoin Cash on Coinami now after going advanced  Grin thank you

What should i do now ? Can i send all my blockchain.info credit to coinami to claim the rest ?

Since you already had bitcoins on Coinomi you converted it using the advanced derivation path. Do you want to move the bitcoins in blockchain to Coinomi or would like your BTC to remain in blockchain?

Either way you have to get the private keys. Blockchain wallet - settings - addresses - select the address with funds - more options - private key - warning - continue - copy the text below private keys, it is the private key (it's already in WIF format, you don't have to do anything) - write it down.



If Blockchain to Coinomi:

1. If you are okay with moving your BTC to Coinomi then select your bitcoin wallet in Coinomi, sweep wallet, enter the above private key and bitcoins would be transferred from Blockchain to Coinomi (0.0004 fee)

2. Then select BCH wallet, sweep wallet and enter the above private key, you will get BCH equivalent of BTC you had in blockchain wallet.

If you don't want to want move BTC from Blockchain.

3. After writing down the above mentioned private key. In blockchain you will find add option below default wallet. Create a new wallet and move your funds to it.

4. Follow step 2, BCH wallet in Coinomi.

Since you already had bitcoins in your Coinomi wallet, I guess moving your funds from Blockchain to Coinomi would be much more easier for you. Writing down the private keys of an address/s in your blockchain wallet is the most important thing.

This is the simplest way I can explain this, don't know how to get simpler than this Grin Rather than opening multiple threads for the same reason, try to understand what anyone is trying to explain, it's not rocket science, beginner's guide.
644  Bitcoin / Bitcoin Discussion / Re: So everyone tells you to take your Bitcoins off the exchange before the fork!! on: August 04, 2017, 10:06:57 AM
Well I am starting to think this was the crappiest piece of advice you could give! Again more paranoia about exchanges that probably will just cost me money. If I had left my coins in Kraken I would have had the equivalent in Bitcoin Cash almost immediately and I could have traded them for Bitcoin when they were 727 USD. Instead I have them stuck in a paper wallet with no real idea on how to safely sweep my Bitcoin (let alone my Bitcoin Cash) into an online wallet. So can anyone tell me if there is a process for getting both your Bitcoin and Bitcoin Cash out of these paper wallets. And PLEASE no comments that are only partial in the answer. I need (plus many millions of others no doubt) on a foolproof process to get the coins out along with a wallet that can do this.

1. A hard fork is a big event, it doesn't matter if the fork was initiated by a small majority, what matters is a hard fork creates a lot of uncertainty, instability right before, at, and right after forking and during this time having no control of your coins and just letting exchanges do whatever they want to do with your coins would be the stupidest thing to do. During an uncertainty if you give priority to free coins over control of your bitcoins then I guess some of us are guilty of giving this crappy advice.

2. Like d5000 mentioned, paper wallet to Electrum to Electron Cash (Recommended)

3. You can also get your BCH through Coinomi wallet, https://bitcointalk.org/index.php?topic=2061341.msg20605324#msg20605324

PS: Hard fork or not, keeping a good amount of your coins on exchanges is a bad choice.
645  Economy / Web Wallets / Re: Official Topic - How to use Bitcoin Cash that are stored in Blockchain.info on: August 04, 2017, 05:03:42 AM
Hello everyone
I've seen many threated about this topic and i want to make it clear for myself and for anyone of you

I contacted the support of Blockchain.info and they told me that i still own the Bitcoin Cash of my Bitcoins and once i use the Key Word on a wallet that support BCC i will be able to see them

I'm not very experienced in Bitcoin but i know that not any wallet will accept the key word of Blockchain.info

So i don't know if someone has tried it already, but if anyone has tried it and if anyone can see his Bitcoin Cash that was stored on Blockchain.info then please let us know here and let us know how you did that

Thank you

1. Go to your blockchain wallet. If you have multiple addresses with funds then note down the private keys (WIF format) of each address.

2. With addresses having funds there is a transfer option to the default wallet. Create a new wallet and transfer all your funds to this new wallet.

3. Install Coinomi wallet (Android), https://play.google.com/store/apps/details?id=com.coinomi.wallet

4. Backup the phrase and use a strong password, from the menu select +coins, Bitcoin Cash, below enter your password you will see advanced settings, add this derivation path M/44H/0H/0H. Your BCH wallet is created.

5. From the right menu select sweep wallet, enter the private keys you saved in step 1, you will have BCH in your Coinomi wallet. Repeat the process if you have multiple private keys.

Coinomi seems legit and safe, but use it at your own risk.
646  Bitcoin / Bitcoin Discussion / Re: What recourse do you have in case of paying by Bitcoin and getting scammed? on: August 04, 2017, 03:16:54 AM
I am curious to know what recourse does anyone have when they look at the advertisement here on the board, pay money using bitcoin either by purchasing on the user's id or transferring using your account and not getting the product?

Would the Bitcoin to intervene if you lodge an official complaint?

Got scammed on this forum:

1. You will see several bitcoin related ads on this forum, they aren't endorsed by BCT so before using them or transferring any funds to them it's your responsibility to do some research about these to validate their legitimacy. In case you got scammed you can start a scam accusation thread, https://bitcointalk.org/index.php?board=83.0.

Sometimes you might get a refund, most probably not, but it would prevent other users from getting scammed.

2. You will see users endorsing their own services or products on this forum. The rule is to always use escrow when dealing with a fellow forum member, exceptions can be made if that user has a very good reputation or if you had several trades with that person, otherwise stick to escrow.

If you got scammed by an user then start a scam accusation thread and the best possible way BCT can intervene is by neg rating the scammer.

Generally got scammed using bitcoin:

Refunds are impossible with bitcoins so the best thing to do is avoid scams. Like I said, it's your responsibility to research, verify, validate and then decide is it worth spending your coins.
647  Bitcoin / Bitcoin Discussion / Re: BTC-e.com down ! Police detains the owner . on: August 04, 2017, 02:02:08 AM
BTC-e back again, I just saw their announcement on local russian forum (just can't read what is it meaning)

Link, please, if different than this one: https://bitcointalk.org/index.php?topic=2056158.msg20505927#msg20505927

BTC-E posted an update today in the Russian local thread that they were able to access their databases and purses and they are currently assessing it and this information would be made public before the end of next week.

https://bitcointalk.org/index.php?topic=2063529.0
648  Bitcoin / Bitcoin Discussion / Re: is decentralised nature of bitcoins really good ? on: August 03, 2017, 03:03:12 PM
I was wondering that making a person CEO or something to organise and handle bitcoins  is good or the current decentralised nature ?

The first part of your question is a bit stupid, illogical. You will find shades of centralization in bitcoin in different fields, but still the protocol isn't controlled by a single entity, take that away the whole purpose of bitcoin is gone, then no difference between fiat/dollar and bitcoin, just another currency backed by a flawed monetary system and controlled by centralized authorities, governments, banks. In simple words, decentralization is what makes bitcoin unique, inherent nature, take it away bitcoin is dead.
649  Economy / Exchanges / Re: Should exchanges be trusted anymore? on: August 03, 2017, 02:38:03 PM
1. Exchanges using hacked as a dummy reason to get away with users funds.

2. Exchanges itself getting involved in money laundering or other illegal stuff and thus being compromised by legal authorities and again users bearing the brunt.

3. Exchanges taking user privacy for granted and sharing user details with centralized authorities. It wouldn't be wrong to say that exchanges could share details of users who are involved or doubted to be engaged in illegal activities with the authorities and in the same tone it wouldn't be wrong to say that privacy is one of the key attributes of bitcoin and exchanges are bound to protect user privacy at all cost.

The solution lies in decentralized exchanges, something like Bitsquare, open source peer-to-peer trading with the exchange having no control over user funds and absolute privacy.

Most importantly it's always a bad idea to keep a good amount of funds in centralized exchanges.
650  Bitcoin / Bitcoin Discussion / Re: Investing in ransomware on: August 03, 2017, 11:39:08 AM
Sooner or later questions like these would be asked.

1. Is Bitcoin promoting ransomware?

2. Is ransomware promoting Bitcoin?

The ransomware news definitely brings a whole lot of negativity to Bitcoin. Is it a planned approach to tarnish the image of Bitcoin? We don't know or it might simply be hackers making illegal use of bitcoins pseudonymity. Bitcoin does get attention with such events, but the irony is, it would compel people to stay away from it.

Storing bitcoins expecting ransomware, that's a hilarious approach, doesn't makes any sense. Instead of that spending on making systems invulnerable to viruses like WannaCry would be much more logical.
651  Bitcoin / Bitcoin Discussion / Re: Are paper wallet and hardware wallets better or safer than blockchain.info on: August 03, 2017, 07:53:45 AM
All the topics I read about "how or where to save and keep bitcoins" suggest that stay away from online wallets.
They give two main reasons to avoid the online wallets.

1. Any wallets can turn in to scam anytime. That happened in name gained wallets too in past.
2. Hackers may steal your BTC.

Well, lets ignore all the online wallets and consider blockchain.info

Bitcoin born with this where we can have our own wallet.
Is not this safe enough to save / keep our BTC for long term?

What if our hardware wallets get defected.. or broken or happen something like that? but if our wallet is online then we need to remember only our password.
We can access from anywhere and anytime.
Hassle free.

Paper wallet can be burnt.. can be a meal for paper mites... or we need a bank locker to keep in..

Explain please..

Among web wallets Blockchain is buggy, but in terms of security they are good, access to private keys, 2FA, passphrase, advanced options. Compared to online wallets that are prone to hacks and having no absolute control over your funds, paper and hardware wallets are always way too better, almost unhackable.

Paper and hardware wallets are means of cold storage. If you have a good number of bitcoins and don't spend them regularly then they are the best. If you have a good number of bitcoins and spend them regularly then keep a small amount in hot wallets, be it Blockchain, Electrum, android wallets like Breadwallet or Mycelium and store the large amount in paper or hardware wallets.

Paper or hardware wallets getting lost/damaged/burnt is as possible as your online wallet getting hacked, wallet service turning scam, DDosed and going offline, messing up with password or recovery phrase, account getting banned or locked with funds.

Hassle free sometimes proves costly.
652  Bitcoin / Bitcoin Discussion / Re: Bitcoin finally legal in India on: August 03, 2017, 06:46:01 AM
Seems like bitcoins aren't going to be legal anytime soon in India. The inter-ministry committee formed by the finance ministry of India have been studying Bitcoin for the last few months and now they have recommended to the government to take steps to discourage the use of Bitcoin or other cryptocurrencies by regulating commercial establishments and intermediaries. A complete ban wouldn't be possible, but the prospects of India legalising Bitcoin is looking bleak now.

https://news.bitcoin.com/indian-government-take-immediate-steps-to-stop-bitcoin-use/
653  Bitcoin / Bitcoin Discussion / Re: Can bitcoin survive? on: August 03, 2017, 05:37:00 AM
Bitcoin would have a greater value than BCC, but at this point in time I wouldn't say BCC would die, maybe it would exist with having 1/4th or lower the value of BTC. The survival of an altcoin or any cryptocurrency entirely depends on market adoption and the purposes it serves, real usages. An altcoin created for the sake of small-term profits, pump/dump, speculation, no real usage becomes non-existent within a short span of time.

Right now there is no question of would BCC be competing against BTC, more about would it survive the market. A month or so ago it was about flippening, too much hype about it, with ETH's crash it ended. The same with current BCC's cap, it would be highly volatile, it would have to survive long enough to have some stability.

Bitcoin just needs to have Segwit activated (which would happen this month) and put an end to to the scaling drama to remain as the top cryptocurrency.
654  Bitcoin / Bitcoin Discussion / Re: Help Understanding Lightening Networks on: August 03, 2017, 05:08:25 AM
Cool, thankyou. This is amazingly complicated. It would be great if someone (me?) could do some D3.js visualization of it.

I have no idea how this whole D3 visualization thing works, but if you can then here is LN's github page, https://github.com/lightningnetwork/lnd/releases/tag/v0.1-alpha

Bitfury successfully tested Lightning Network on Bitcoin mainnet, https://youtu.be/fqT-3xN8npA

Lightning-ready Bitcoin wallet (testnet), https://play.google.com/store/apps/details?id=fr.acinq.eclair.wallet

LN was successfully used for a real world transaction in April to buy a beer, first buyer being Roasbeef (one of LN's developers).

LN is ideal for microtransactions, apt for merchants, instant low fee transactions.
655  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Coinbase Faces Backlash, Legal Risk Over Bitcoin Cash on: August 03, 2017, 01:06:55 AM
Coinbase is one of the largest cryptocurrency exchanges. BCC is an altcoin which currently has no real world usage and with the current hash rate there is uncertainty about how long it would survive, at least it would be extremely volatile in the next few weeks. Even Coinbase added Ethereum after an year of its launch so IMO I don't think Coinbase did anything wrong by not adding just another altcoin which is yet to prove its mettle.

There was a flash crash of Ethereum in June on GDAX and taking full responsibility they gave out $1 million to cover traders losses when in fact it wasn't GDAX's fault, blame the extreme volatility of altcoins. A similar crash would have happened if Coinbase/GDAX had added support for BCC soon after its launch, another flash crash and then there would have been another backlash for reimbursement.

Coinbase had given the users the choice to withdraw funds if they wanted to access BCC so nothing to blame them for. Yeah Coinbase would face legal implications if they sell users BCC or enable BCC trading without crediting users with the BCC they deserve.

Quote
Coinbase does not intend to support or interact with the UAHF chain. If this were to change, Coinbase would make those coins available for customers to withdraw, not keep them.

https://support.coinbase.com/customer/portal/articles/2844217-uahf-uasf-faq
656  Economy / Web Wallets / Re: Xapo BCC on: August 02, 2017, 07:21:19 AM
Hi,

anyone using xapo?

would like to ask will getting 15 BCC with free? , i having 15 BTC in xapo wallet now.

Quote
In the event of two surviving blockchains, we will support one blockchain, the one with the most accumulated difficulty.

Xapo will give you the choice to withdraw the coins in the secondary blockchain or to let Xapo sell the coins in that secondary blockchain and automatically add that value to your account in the supported blockchain.

There is no estimated date as to when this will be determined, as it will be only when we deem it safe and sensible to do so.

https://blog.xapo.com/xapo-and-the-forks/

If you had 15 BTC on Xapo at the time of split then there are two possibilities.

1. Xapo will credit your account with 15 BCC.

2. Since you don't have access to private keys on Xapo, they will sell your BCC and convert it to BTC and add it to your existing balance.
657  Economy / Service Discussion / Re: bitmixer.io - Waiting more than 6 hours of mixing - NEED HELP on: August 02, 2017, 05:49:22 AM
How do these scammers do this so successfully? So they replicate the real site with an almost-identical URL. But how do they get it indexed on Google's search page?
They are paying Google to show their ads, making them to be the first option when you search for Bitmixer.

People will just trust the first link they see, and believe that the website is indeed legit.



Another one BITMIXUR.IO



Just replacing E with all the 26 alphabets. Reported it to Google.
658  Bitcoin / Bitcoin Discussion / Re: Help Understanding Lightening Networks on: August 02, 2017, 05:04:12 AM
Let's say Alice wants to buy a coffee from Bob.

A lightning node allows Alice to add collateral to it before approaching Bob, correct? And, the lightning node cannot steal Alice's btc because only Alice has her private key. So when Alice meets Bob, Bob sees that the lightning node has enough collateral from Alice, and Alice shows she has her private key by signing a transaction for the coffee. Once the lightning node reports back to the core network, the transaction will be recorded forever. Everyone's happy!

But then what happens if Alice then goes to the lightning node operator, Sam, and says: "I don't really want to pay for this coffee, why don't you take your lightning node offline, and never bring it up again." Then Alice's transaction never gets recorded on the main blockchain, and she gets to keep her coffee.

Surely there is something I am missing here.

1. Alice temporarily locks funds inside a LN payment hub to process an off chain transaction to Bob through a multi-sig address. Both Alice and Bob needs to sign to make it a valid transaction.

2. Payment hubs have no control over your funds, you have the keys. LN is entirely dependent on Bitcoin blockchain.

3. On chain transactions are necessary to both open and close a channel. Between opening and closing a channel you can make as many off chain transactions as you like. When you close a channel the last transaction gets recorded on the main chain, on chain transaction.

4. If both Alice and Bob agree to close the channel then it can be closed immediately.

5. Theft is possible during LN transactions, but there is adequate built-in protection to prevent such scenarios. If Alice closes the channel with the intention of scamming Bob, then the party who is trying to steal ends up paying a penalty.

Quote
Outsourcable enforcement: if one party closes a channel in an old state in an attempt to steal money, the other party has to act within a defined period of time to block the attempted theft. This function can be outsourced to a third-party without giving them control over any funds, allowing wallets to safely go offline for periods longer than the defined period.

Breach Remedy Transaction: the transaction Alice creates when Mallory attempts to steal her money by having an old version of the channel state committed to the blockchain. Alice's breach remedy transaction spends all the money that Mallory received but which Mallory can't spend yet because his unilateral spend is still locked by a relative locktime.

https://en.bitcoin.it/wiki/Lightning_Network
659  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: top three exchanges in India say they won't support Bitcoin Cash on: August 02, 2017, 03:00:36 AM
Zebpay, Unocoin and Coinsecure. As well as stating that they have no plans to support Bitcoin Cash, all three will be suspending bitcoin services during the planned hard fork.

Indians are highly dependant on these three exchanges. You can't blame them for not supporting Bitcoin Cash. Prior to the split they had made announcements that they wouldn't support BCH and asked users to withdraw funds before July 30. Maybe Coinsecure might add BCH option soon.

Quote
Our aim has been and always will be to best protect your funds. In the event of this User Activated Hard Fork, Coinsecure may or may not support BCC. We will consistently service the most used chain, even BCC, if it becomes the dominant coin. However we will allow you to enter an address on your account and withdraw the non dominant chain coins as well at a later time.

http://blog.coinsecure.in

Rather than keeping your funds on these exchanges if you had moved your funds to a wallet then you will be able to trade BCH on one of these exchanges soon.
660  Bitcoin / Bitcoin Discussion / Re: What's going on??? on: August 01, 2017, 12:35:39 PM
Quote
The criterion for activation of the Bitcoin Cash hard fork activation is based on "Median Time Past", or MTP. This means that the chain split will not occur at exactly 12:20 UTC on Aug. 1st, but some time after.
 
MTP is a statistic calculated over 11 blocks, and trails behind wall clock time by about 6 blocks. This means that the last common block will be approximately the 6th block with a timestamp after 12:20pm. The block after that will be different on either chain.
 
Users attempting to split coins, and transact separately on the two networks should be aware of these details in order to properly identify the last common block, and the first post-split block.

Wait for another 6 blocks and then a block bigger than 1 MB needs to be mined and from that point we would have BCC. All this would take a few more hours (depends on BCCs hash power).

https://www.bitcoincash.org/activation
https://www.btcforkmonitor.info
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