I was not convinced that El Salvador will adopt Bitcoin until the very last moment. And now I am not convinced they will will drop it just because IMF said that they won't support that. IMF indeed lends money to the smaller/poorer countries, but they quite often ask for various things to be done by the governments, things that are usually far from nice/popular, hence it can easily lead to IMF getting turned down by governments. It has happened in the past, it will happen in the future too.
All in all, it make no sense at all overthinking and panicking because of this.
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You can easily make some sort of geocatching inside an area of your choice, and the geocatching treasures can be private keys. Adding some collectibles would add wonderful souvenirs too. It can be done and I'm sure that people will come and find it enjoyable.
I know I didn't say I'll come or not, but OP didn't say anything about where would this be organized (country...)
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However I would like to generate Bech32 address for efficiency with my wallet (thanks to words mnemonic).
Is there a way to do so with ian coleman Mnemonic Code Converter or other ?
If I understood right your problem, all you need is to click the BIP84 tab in Ian Coleman generator. Is it safe to keep BTC on P2PKH address?
Yes. Nothing has change on that matter.
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I don't believe that the security of a payment system has to do anything with its market value.
I think that this is the central point of our disagreement. I think that its security is one of the important features of the system, and all its features combined contribute greatly to its market value. But I know that people cannot (and don't have to) agree on everything, so it's fine But, my thoughts are that this is a minority of mining farms.
The numbers posted by @hosseinimr93 (thank you!) show that it's not a minority. So you are missing something in your logic. I can't tell clearly what though. I am aware though that what I was saying is more "empirical" than based on clear numbers, so also far from perfect. The reassurance that came with the actual data afterwards was nice, but it doesn't change much (maybe that I have now "proof")
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I think that one problem is that there are too many people driven into crypto trading or even investing, people who don't know nor care what crypto is as long as it brings some easy money.
And a derived problem is that many trading wannabes have no idea what they're doing, and when a news with potential to change the trend, or (even more) if a whale sells then spreads FUD, they're completely lost. And since they have no idea what's all this, they will sell, even if it's at a loss.
But as already pointed out on the replies here, the number of people selling bitcoin and also the amounts are rather small and a vast majority seems to be HODLing.
Will this result in small volumes affecting heavier the price? Probably. Is this "centralization"? I am not sure. I wouldn't say so.
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WITH the other half pending upon post of confirmation on several forums.
this exchange have been accused of illegality several times
Basically as I see OP will receive his money only if he (kinda) advertises the exchange. I'm not sure if this is legal and I don't think that this will "clear the name" of the exchange either. Yeah, sorry, OP And good luck!
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The value is also based the difficulty to obtain (mine) it This is a common mistake. Its value isn't based on the difficulty. Its difficulty is based on its value. Think about it, if there is more demand and the price rises, the difficulty rises too, because mining becomes more profitable. If there is less demand and the price falls, the difficulty does too. I see it as a circle. Price feeds greed i.e. investment hence increase of difficulty, difficulty means network security which ends up asking for better price. I am also not convinced that a "crypto winter" decreases the difficulty accordingly (in percents).
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Android version really needs a lot of work.
Indeed. I still hope that someday it'll work with hardware wallet too. And reproducible builds is a nice step forward too, especially as at some point Electrum was criticized that this is missing.
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is the value based on the scalability of network?
The value is also based on scarcity, the difficulty to obtain (mine) it, the demand... There are a lot of factors to be counted in, hence most use TA and extrapolation. Also keep in mind that there's also another way to read those speculations on the price made by various people: * some say it to show their support for Bitcoin (especially people involved in bitcoin related businesses) * some say that so people will talk about... them
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Is it worth it to spend almost 111 thousand dollars buying three bitcoin? Will it make me back a substantial amount more money? Please help!
Imho it worth buying even half a Bitcoin. But that's me. Keep in mind that this is a Bitcoin forum, hence there's more likely that people answering here will tell "yes". Now, there are a couple of rules: 1. Don't invest more than you afford to lose. While bitcoin price is supposed to grow more in the future, it may fall too. If you don't afford to lose, you'll panic and sell at a loss, although in a day, a month, or maybe years, the price may recover and then you'll be angry. Or maybe I'm wrong and will not recover at all. 2. Don't invest based on advises from unknown people over the internet. Please do your research and make your decisions. We are not to be held responsible for your decisions. 3. Learn how to use it and how to store it safely. Bitcoin needs a learning curve, else you can get in trouble at buying, at transferring to your wallet or you may end up with your money stolen.
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I am worried that fake devices are sent from France, like we can see on first fake package, and that could mean that someone who works in Ledger is still leaking customer information.
Wow, they did take care to the details... And about the idea about the employee... I guess that many have checked if and what information about them has leaked at the hack. If their address was not leaked, but they still received this "replacement"... then we'll know. Some will surely tell.
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o buba: cursul la care cumparati crypto pentru platile in criptomonede.
Din ce vad, ei lucreaza cu Netopia si nu m-ar mira ca Netopia sa fie cei care iau crypto si le vireaza RON. Iar Netopia lua cel putin 10% in plus la pretul crypto. Doar ca de la 10% la 60% e ... imens. Dar hai sa vedem ce zic cei de la BitcoinTech...
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Every "level up" you've got was well deserved. You are active and helping the others. And learned a lot too. And I think that it won't become boring. Even after becoming Legendary, you'll still enjoy the merits you'll get (although they may be less) and they'll keep giving you confidence. And oh, boy, how will you check your stats when you know that the activity counter increases, after you get to the minimum threshold for Legendary. Congrats and keep it up!
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Edit: And the great Danes aren’t stopping. I feel like it’s going to be 2 - 0 by HT they way this is playing out.
OK, I have to go watching the game. I hope it won't go soft because of me.
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What is the Malware going to do?
For one thing, the Malware could update the firmware on the device to change it's behavior. Additionally, it could send a transaction to the device to be signed which is modified in such a way that you fail to notice it isn't the transaction that you intended to send. Then, since you don't notice it, you push the buttons to sign the transaction. That's correct. Did you notice that the HW doesn't show your change address to verify it? Now just imagine that the HW is made to work as a certain external (hardcoded?) address is the change address. You won't notice a thing and your money will go *spoof*
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I'm not watching the game (yet?) but... minute 4 and already 1-0 for Denmark? This could get interesting.
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I am almost sure that the United States will find a point of pressure on the government, and on the Salvadoran banks, (considering that their government debt is 4 times higher than their gold and foreign exchange reserves). If not, the US will find another way to eliminate this likely precedent.
I don't think that pressuring El Salvador will do anything. Tanzania and others may "join the club" soon, making US "pressure" useless. But making a separate ("earnings") category specifically for crypto currencies (no matter they are used in real economies/countries or not) is imho another possible direction. So even if it may be an exception this year, I don't expect this miracle last.
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It'd be a nice kinda-sorta "collectible" and a piece of crypto's history to look back at years down the road.
I agree to this. Although a rather dangerous collectible, it would be interesting to have. (Un?)Luckily only my email has leaked out, no shipping address. BEWARE that anyone who ordered ledger wallet before and got his address leaked is in danger of receiving one of this fake devices.
I'm impressed by the ingenuity of these guys, it's quite an elaborate scam and it's probably not cheap to pull it off, but I think that unfortunately some will fall for it so get ready for a new bunch of unhappy customers which will probably end up here Thanks for the heads up, OP.
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I want to send $533 to a company. I have $443.25 in my Coinbase account. And $110.56 balance in my Electrum account. Total of $553.81.
$553.00 - 533.00 $20.81
I believe the BTC transfer fee is around $20.00. How do I determine how much the transfer fees are from both Electrum and Coinbase to calculate or determine I'm sending the guy the correct amount of $533.00?
Most probably you don't have dollars at Coinbase, you clearly have no dollars in Electrum and probably you don't have to send dollars to that company, so let's talk in bitcoin/satoshi. What I would do is: 1. Withdraw from Coinbase to Electrum 2. When [1] whas confirmed, enter that 533 or whatever dollars into http://preev.com/ and see how much Bitcoin that is. Maybe round up a tiny bit to make sure you are OK (555$?) 3. Copy the preev bitcoin amount into Electrum's amount in the send page. Fill the other fields too (recipient address). 4. Check the recommended fee/vByte at https://mempool.space/ and set that for sending. And send. Electrum will send the money to "that company" and will also send back to you the remaining change, which may even be the equivalent of some 15-20$, depending on Bitcoin price fluctuation and how full the mempool (network) is.
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I can exchange BTC/ETH, BTC/XMR, XMR/ETH you don't need to join or KYC.
My fee is 2%
Binance does this with lower fee. Monero-Bitcoin has now atomic swap too (I don't know how it works though). So you offer a service already existing and you are also more expensive than the existing service. I suggest you consider trying to do something else. Or something else too, until you earn trust (if you are honest and not just a scammer wannabe) You are a newbie, hence, as said, zero trust. One can send you money and you can disappear, since you have nothing to lose. So if you want to do this you may have to use reputed escrow until you build up trust. However, this means at least some more transaction fees and, as I already said, I find your offer already expensive. I don't want to buy nor sell. I tried to offer some advices. Use them or not, it's your sole problem.
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