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6941  Bitcoin / Bitcoin Discussion / Re: Tesla destroys bitcoin :-[ on: May 13, 2021, 06:31:19 AM
Bitcoin doesn't care about that small car manufacturer wannabe.

There, I've fixed it for you  Wink

Be a man not a stupid, Elon Musk is using everyone for his benefits.

Correct. I don't know what game is Tesla playing, but all this sounds against the logic of their previous investment: selling some and telling they sold, now no longer accepting Bitcoin ... it already sounds like they've sold more than they've announced and now they're dragging the price down to buy back.

On the other hand, I think that the last correction is more related to what happens on stock market than to this not-that-important announcement (since, let's face it, how many would give up Bitcoin for a car?)
6942  Economy / Goods / Re: ~ Buying a TESLA CYBERTRUCK with BITCOIN ~ Maybe? on: May 13, 2021, 06:21:35 AM
Elon reverses stance on Tesla accepting Bitcoin citing energy concerns.

Bitcoin mining was always using whatever electricity found, although I expect the hydro power be used much more.
However, I don't know what game Tesla is playing, since if they didn't sell and also don't plan to buy, they just hurt (for short term) the "value" of their investment (although they're still on profit, I know that too).

Now I wonder how long until SpaceX stops accepting altcoins.  Cheesy Cheesy
6943  Bitcoin / Mycelium / Re: Invalid pin on: May 13, 2021, 06:12:07 AM
P.S: what are you guys using for android wallet, because I'm done with Mycelium?

I'm glad that it's fixed.

And about wallet, my main wallet is on PC and it's Electrum. But on Android I do use Mycelium, since it's one of the few that works with hardware wallet.
So my advice is to put your coins onto a hardware wallet and then select your software wallet accordingly.

And for the record, this way of handling "accounts" is not unique for Mycelium, I've heard of this approach on other software too, my advice is to avoid as possible the use of multiple accounts if you want to avoid surprises. HD wallets do create as many addresses you want, hence the use of more accounts is usually not needed.
6944  Bitcoin / Bitcoin Discussion / Re: What have you bought with Bitcoin? on: May 12, 2021, 12:08:20 PM
Interesting contest, although I'm somewhat surprised that Random.org is used instead of something based on a certain block hash, as it should be done in any bitcoin-related contest...
6945  Local / Romānă (Romanian) / Re: Suntem incepatori in acest domeniu.Ne ajuta cineva cu sfaturi de la A la Z? on: May 12, 2021, 09:49:36 AM
Sunt aici. Va ascult

Nu ma refeream la OP, ci la postarea la care am facut quote (chiar daca gol).

Chiar ma uitam dupa postare, si nu intelegeam de ce nu o vad.

Poftim, https://ninjastic.space/post/56958515, respectiv https://ninjastic.space/topic/5326855
Eu inca zic ca a fost spam.

Si odata fiind eliminat acest risc, cred ca lucrurile pot evolua doar pozitiv, doar in sus... Si, chiar si daca valoarea ar scadea un timp, cred ca pe termen lung trendul va ramane unul ascendent...

Corect. Cantitatea limitata de moneda are acest efect, nu ai ce-i face. Cat timp exista cerere pretul va urca, intrucat oferta va fi din ce in ce mai limitata sau mai scumpa (sau ambele).
6946  Bitcoin / Mycelium / Re: Invalid pin on: May 12, 2021, 09:36:37 AM
NeuroticFish i dont have the BIP39 mnemonic i only have the twelve words.

Thank you

You mean that you've selected 12 words from the combo box and it said that your words or checksum are incorrect?

Edit: if you can add the missing accounts, go on that route, it's safer.
6947  Economy / Economics / Re: bitcoin for everyone on: May 12, 2021, 09:33:25 AM
what if processing of transactions will be equally distributed between all connected phones/laptops of those who use the coin. 8 billion people minus children under 8 year who do not need access to money and elderly. let's take away 3 billion. 5 billion connected devices.

Will you force them do this?
And if not, then how you incentivize the miners and how will you stop a malicious attacker build/incentivize bigger power and attack your chain?

centralized system inevitably will lead to inequality and corruption. so, it has to be decentralized. history showed that even the brightest and most noble minds tend to corruption as time goes by.

True, but your settings/restrictions made this the only remaining viable option.

so what self-defence system need in order to be immunable to corruption and abuse of power, but stayed decentralized?

One where miners are paid for their effort. This leading to tx fees, and possibly the lack of options related the waste of unused coins.

limited supply, convenient and easy to use, trustful and transparent. if not. what it needs to preserve value?

Limited supply is not enough. You also need demand for it. Just look around there are plenty of crypto coins with under 1 cent pricing and no real chance to get to higher valuation.

let's fantasise) why lazy the lazy one. because they can be lazy and stay alive. if you do not have income to buy food you have to move your ass in order to put food in your mouse otherwise you starve to death. of course, it a bit extreme, but i hope you get the point.  (we talking about just pure lazy one, who can and able to generate some income)

Sure, but you're just provide the income that allows them stay lazy, don't you?

so, it has to be irreversible
And then you'll need a way to handle the money not redeemed.

it can be slowly spreading out among population. the way to do it? if it will be on the sale basis, who get the money? - it means another gready project to get rich quickly. if you have to work for it, it means only limited number of people get it.  if it go just for free people won't value it. so it has to be some honest way so it will be equally distributed and won't be a source of enrichment of a few but a benefit for all.

So you don't know how  Wink Me neither and I don't see how this could be achieved. I mean that I think that it cannot be achieved.
6948  Bitcoin / Mycelium / Re: Invalid pin on: May 12, 2021, 08:48:00 AM
On the top right of the app it is a key and a +, i used that and then add new HD Bitcoin account. From what i remember they not give me new private keys for the new accounts i added
 this way, or maybe they did and i don't remember.
 In the same menu is stated this "All created Bitcoin HD Accounts and Ethereum Accounts are based on the same Master Seed.  Info: All created Bitcoin HD Accounts and Ethereum Accounts are derived from your Master Seed-if you keep your 12-words-Backup secure, you can restore all your Bitcoin Hd Accounts and Ethereum Accounts with it."
 I used my 12-words on my wife phone but only restored Account 1 ( i suppose the initial account that was made) i have 3 more HD accounts on my phone but only one has bitcoin and those are not restored.

Thank you for the replay.

Interesting info. Since I've never used the default wallet, it doesn't allow me create HD wallets from +.

Still, if they say that all the accounts are derived from the same seed, I'll assume that they just use different derivation paths there, hence there's 2 directions you could try:
1. Try to add a few more accounts to your wife's phone if Mycelium allows it. Maybe you'll receive the ones you're missing.
2. if you have a safe* laptop at hand: get the code of IanColeman website, run it offline, put the seed there play with the BIP value to get the first character of the address right, then play with the numbers from Account (maybe also External/Internal), maybe you find the address that hold your coins. And there's also the private key for it.

However, it's assumptions over assumptions, more like a shoot in the dark, still, it's not difficult to try. Good luck!
If this doesn't yield any result, sorry, you may be restoring from a wrong / old seed.

Edit: you made a post in another thread on mycelium. That guy you're asking is inactive since 2019 and your post may get deleted for bumping too old posts. Just fyi...
6949  Economy / Economics / Re: bitcoin for everyone on: May 12, 2021, 08:12:57 AM
the point is to make such a cryptocurrency (let's go wild here in si-fi universe) that people would want and can afford. something that will be:
* easy/convenient to use, cheap (low/no fees) and fast (processing time);
* transparent, secure, decentralized;
* capable of self-defence (possess a mechanism against manipulation and abuse of the system) and governed by the users/holders (different level of voting and various electoral, autonomous bodies within the system that counterbalance and equilibrate each other to avoid corruption and abuse of power);
* suppressing/making unnecessary an urge for greed and unreasonable enrichment (fee if you hold more than you need and speculate);
* stimulating trust, help and support for those who are in temporal difficulties (unforeseen circumstances, illness, etc) but not the LAZY one;
* discouraging laziness and make no room for freeloaders;
* ...

You need a smartphone or laptop, you need internet. Poor people may not have that. So it's not as convenient to use as you want to present it.
A crypto that has low/no fee and fast processing will not have miners, because nobody will work for free, nobody would pay for electricity for you and so on. What you ask for is a centralized garbage you'll call cryptocurrency. So it's a no.
As just said, that will be either insecure (no miners) either centralized.
If you want self-defence at these requirements, only the centralized option remains. Until now you have proven that you don't understand crypto. Now you continue by proving you also don't understand economics. You want things you cannot do. There's no way to preserve value for this... proposal on the free market.
Then you want to do something with money.. something that cannot be done with money. It's human nature. How on earth can "discouraging laziness" for everybody if they get for free what they need?! What planet are you from?!

will unlimited supply be a cause of inflation/decrease in value and other issues of current monetary systems?
will reversible transactions complicate the system, make it less secure and stable?

Yes, but else you'll end up without coins because that you'll continuously waste them. But since it'll be a centralized system, maybe you'll handle with reversing transactions for unused money after a while and you won't need unlimited supply after all if you don't want to.
On a proper blockchain reversible transactions are the worse possible idea. But here reversible transactions will be just fine, since the system is centralized and only yours. And it will not be a blockchain either.


You never answered how people will get this "coin" without it being for free, but still not having to buy it or work for it, hence everybody, including me, still assumes you give it for free.
Also, I think that you fail to understand that you are heading towards a wrong direction, one that cannot be implemented and sustained.
6950  Bitcoin / Wallet software / Re: What solutions for small recurring needs of btc exchange? on: May 12, 2021, 07:55:52 AM
I urgently need to make an exchange with electrum (walletA => wallet B ) in the most "anonymous" way possible

Bitcoin is pseudo-anonymous, so you have to break the chain. Using only one exchange doesn't help.

The usual choice is use of mixers, which was already explained and might work, especially if you deposit bigger amounts then withdraw multiple times.

The problem is that at such small amounts most choices are either impossible (CoinJoin), either not feasible because of the prices/fees (use of exchanges).
For example you can do it with 2 exchanges: deposit Bitcoin to exchange 1, exchange to [whatever], move [whatever] to exchange 2, sell for Bitcoin and withdraw to the donation address.
You'll see that the exchange/withdrawal fees will make this kind of tasks inefficient. And also Exchange 2 can link those funds to your name if they want to.

All in all, I see two possible options:
1. Mixers
2. Get them accept Monero and go anonymous directly.
6951  Economy / Trading Discussion / Re: What are your favourite Crypto trading bots? What are you currently using? on: May 12, 2021, 07:15:10 AM
In this regard, what are your favourite trading bots? What you are currently using? What would you recommend?

I don't use trading bots, I no longer trade.
From your post you look like you advertise a trading bot instead of asking. However, if you want to get more info, nowadays there are sites that compare trading bots so you can get an idea. One that's imho pretty good/fair is https://tradingbot.info/, you can take a look.
6952  Other / Beginners & Help / Re: Hello, newbie looking for help/advice on: May 12, 2021, 07:05:04 AM
5.) An alternate for swan if I can't use that was kraken. Is that a good choice in your opinion? (https://www.kraken.com/)

I would add that on amounts of 100$ you should be very careful with the fees.
From what I've read about Swan (I didn't hear of it before, so DYOR), they have no withdrawal fee.
As for Kraken, which is a more popular exchange, from what I've read the verification may be easier, especially for small amount, the deposit is for free only if you use certain transfer methods, but there's a withdrawal fee and you'll end up paying 8.58 USD worth of Bitcoin at current prices.
Unfortunately most exchanges work with this kind of withdrawal fees (imho they try to discourage people from withdrawing Bitcoin from their vaults).

OP, I'm impressed by the way you're doing your "homework" in this matter. I wish I'd see more newcomers into Bitcoin like you!

Never use any exchange that no one knows, I don't know swanbitcoin mate and that might be your first grave mistake you trying to commit right now, how about you buying a hardware wallet and creating your first account on binance to buy bitcoin? This sounds way safer to me, anyone with me here?

I think that OP is from US, hence he will have to use binance.us. And I don't know what are the rules and fees there.
Afaik the international binance.com (where you should be able to buy bitcoin without KYC) doesn't accept US residents.
6953  Local / Romānă (Romanian) / Re: cea mai buna si sigura metoda sa schimbi criptomonedele in lei in contul tau on: May 12, 2021, 06:39:37 AM
LDVExchange cred ca e un exchange din Ro.

Da, e un exchange din Ro, cu mentiunea ca aveau/au cateva ghisee unde poti schimba "face to face". Dar va trebui sa-i intrebi tu daca sau in ce limite iti iau datele de identificare.

As mai adauga ca daca faci schimbul P2P si depui de mana banii in banca, sunt sanse si atunci ca banca sa te intrebe de provenienta banilor, mai ales daca suma este mare.
Si, cel putin in teorie, orice ai face, ar trebui sa depui declaratie de venit si sa platesti taxe. La ce (nu) se face cu acei bani, sunt si eu de acord ca statul nu merita asemenea "bunatate" din partea noastra, dar s-ar putea sa dormi mai linistit.
6954  Bitcoin / Bitcoin Discussion / Re: I regret selling BTC for entering DeFi. HODLing is the way! on: May 12, 2021, 06:31:11 AM
Never regret spending your BTC. That's what it was born to do. The purpose of bitcoin's life is to be spent.

Some people tend to "look back" and have regrets, some keep looking forward. Too many don't understand that's unhealthy to look back because you'll always find something you could have done different, better.
This being said, it's clear that selling Bitcoin for NFT turns out to be a bad business more often than not. But OP should (and seems to) take it as a lesson instead of regretting.

I learned the hard way that Hodling BTC is the only way. [~snip~] Just HODL and you would have more more money than anyone yield farming in long run.

Indeed. It's a valuable lesson and you've learned it.
And keep in mind that in the same way all who got burned in the ICO craze warned that NFT is not a good investment and you've ignored that, many of the next ones to come will be burned by the next similar craze, just because some don't believe the warnings and "want" to learn from own experience.
6955  Bitcoin / Mycelium / Re: Invalid pin on: May 12, 2021, 06:10:47 AM
and i kept adding accounts to it

Mycelium is backing up only its own HD wallet.
Did you add the other wallets to it by private key? Then where are those private keys, didn't you store them for safe keeping?

About physically accessing the files you need, I am 99% sure you would need the phone to be rooted... Sad  [but I leave this to those more experienced with phones' internals]
6956  Bitcoin / Bitcoin Discussion / Re: Bitcoin transaction fees lower than alts on: May 11, 2021, 07:47:26 PM
It takes 1-2 Doge to send a transaction which is more or less $0.50 to $1 based on current price

Wow, indeed. Somehow I failed to quantify the current value of DOGE, in my head 1-2 DOGE tx fee was "cheap". Thanks for the eye opening.
And yes, the conclusion is that if coin becomes valuable and of high daily use, the transaction fees will grow, no matter how the coin is called.
The miners do like to get paid...
6957  Economy / Economics / Re: bitcoin for everyone on: May 11, 2021, 09:16:56 AM
true) but to get there we need a bridge. we can't just wake up one day with robots around us, unlimited energy, food suplies and living space. crypto can be the bridge.
and why you keep saying "free bitcoins" ?)  i intentinally wrote few times that i'm not talking about free money. free money leads to greed and lazines. two of the worst burden of human nature. by distribution i mean the widening circle of bitcoin users to the whole Earth population, but defenetly not on the base of foreceble expropriation and equal redistribution. this is way to nowhere.
it has to be some other way: just, transparent, beneficial for everybody, stimulating trust and honesty, fighting greed, corruption and laziness.

If you don't give them for free, it means that they have to either buy them, which is already possible almost everywhere over the world, or work for them, which need some skills and luck, but it's possible too. So I fail to understand what you mean. If you don't give for free, there's no way you can give to everybody, they won't afford it or don't want it.

The bridge you want is, on some extent, made by social-oriented political parties, which in theory give out some minimal money to the poor (and in reality, in most cases, encourage laziness and basically buy votes with public money), in many cases sacrificing a proper development of the country (at least that's what has happened in recent history of my country).

I've noticed that wherever political parties are involved, greed, corruption and laziness are present. We need something worldwide and new (none of the current or past political regimes). But that's "science fiction" again.

But the bridge you want is not necessarily related to bitcoin. Plus that I would give money to people in a currency that doesn't have limited supply and irreversible transactions, since there's always the chance people won't withdraw that money.
6958  Bitcoin / Electrum / Re: Electrum v 0.3 or before - Where can I find a copy? on: May 11, 2021, 07:52:29 AM
I can't quite recall when electrum released its first version.  As a rule, I don't believe everything I hear on the internet.  the seed is from feb 2011.  I can't remember what wallet created the mnemonic.  could have been bitcoin-core or electrum or mabye another one.  I cant accurately rememebr, 10 years ago.


And all I found was like 30 lines of code on that link.  I need a electrum version 0.3 or before like 0.2 but I am not a programmer and can't compile complex programs.  I need a complete wallet file as an executable or for use with python.


1. The oldest Electrum wallet I could find on the internet is the last on this page: https://web.archive.org/web/20130324034541/http://code.google.com/p/win-electrum/downloads/list
But it's "only" 0.46, from 2012.

2. I think that blockchain.info web wallet was already available. I don't know though what were they using back then, but it could be the recovery words from there?!
6959  Economy / Exchanges / Re: Is Coinbase going to list Satoshi on their exchange? on: May 11, 2021, 06:48:01 AM
Yes, 1 BTC = 100,000,000 Satoshi

I'm not 100% sure how this will work but I'm sure the exchanges are already thinking about it.

Well, while last time I've checked (more than 1 year ago) you could withdraw Dogecoin from exchanges at 1-2 DOGE fee and the wallet shows DOGE, withdraing SATS will cost over 1000 sats/transaction and will still show Bitcoin in the wallet.
So I guess that if a rebranding is going to happen, it will have to be done for the wallets too and I have no idea how could the tx fees get adjusted downwards...

Edit: Of course, you'll have to rebrand your signature too to 1 SAT = 1 SAT  Cheesy
6960  Economy / Exchanges / Re: Is Coinbase going to list Satoshi? on: May 11, 2021, 06:41:33 AM
If these rumors are true I think we will see BTC prices going through the roof, because right now 1 SATS = $0.0005533260 and this psychological low price works on people, everyone will start getting them.

People will forget about Dogecoin and other s*itcoins and will start stacking SATS due to their low price. BTC will grow big in the coming months, hear what I'm saying Wink

Apologies for my ignorance on SATS. Aren't they the subunit of Bitcoin? And if so, even if an exchange would list them separately, how would one be able to withdraw, for example "the huge amount" of 250 SATS or whatever is under dust amount, not mentioning the Bitcoin minimum amount and withdrawal fees the exchanges use to ask?
And where will those SATS go? Won't be that to a Bitcoin wallet, getting back to the "depressingly low" 0.0... values?
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