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We do not have to bother about this because 2140 is still more than a century from now, 2140 is just the estimated time calculated to be when all bitcoin will be mined, and if all bitcoin have been mined, no bitcoin will be generate again into circulation, but as bitcoin is deflationary by design, the price of bitcoin will increase more and more in such a way it will be substituting the increasing mining difficulty and decreasing mining reward, provided if more people are making use of it, and after all bitcoin are mined, the increased price of bitcoin will make the transaction fee to also increase as they are directly proportionate which will be the reward for miners. When all bitcoin are mined, transaction fee will be the reward for miners mining bitcoin.
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Is there any non-custodial Bitcoin wallets (not exchange) that supports buying Bitcoin with debit cards?
Your question is like you want to take bath but you do not want water to touch your body. Is that possible? It is not possible. Even using Credit or Debit card to purchase, that means you have already provided some verification before your payment can be successful. The best way you can do is to use decentralized exchanges like localcryptos, hodlhodl or bisq exchange, you can also make use of mycelium local trader. And, if you still want to make use of exchanges that will require Credit or Debit card, they are kyc exchanges like binance and coinbase. |
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Why not just compare gold with Bitcoin in the real world, rather than when even both will no more be useful. This also is far beyond happening, while the likely chance is far below what could possibly happen now or in the future. Concentrating on the reality, on what could possibly happen as gold is the strongest assset on earth and as bitcoin taking the digital form that could possibly compete with gold in term of marketcap in the future.
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To buy bitcoin, you can make use of Currency exchange on this forum, but make sure you are careful of scammers and make use of reputed user for escrow service (member with positive trust and that have escrowed many times before). But, you can make use of no-kyc exchanges like https://hodlhodl.com/, https://localcryptos.com/ or https://bisq.network/. In order to hold your bitcoin safe after you bought it, you can make use of paper wallet, this can be generated from bitaddress.org or make use of hardware wallet, you can use your hardware wallet on your phone, but it is either you use ledger nano x that support bluetooth you can use to connect to ledger live on phone, or buy phone USB code for other hardware wallet like trezor and ledger nano s to connect. But, it will be good if you can manage your hardware on computer using electrum wallet. Mobile phones can install malware anytime because if its everyday use, operating hardware wallet on a computers is safer and the recommended way, but if you insist, you should be careful of sites that can result to malware installation on your mobile phone, use antimalware and avoid malware in all ways. |
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HitBTC has been know for blocking of accounts, and the next thing they will ask if for you to provide kyc, but you have provided them. I do not know why they should still lock your account and insisting not to unlock it, you need to message them again. But, if the amount sent to your HitBTC account is much in a way you can file them a lawsuit, contact their customer care to prepare, maybe they will respond good, but if no good response, you will not have any other option than to get a lawyer and sue them to court. But many people will not have the opportunity to file them a law suit, the best is to avoid the exchange, it is one of the worst centralized exchange that lock customers account for no good reason, very common to them.
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good to hear. do you know what timeframe? hours, days?
It will be confirmed when the mempool is less congested, no specific time for that, but if less congested, miner will have no option than to include it in a block and it will be confirmed. But, just know that there is nothing wrong, your bitcoin is intact, and the transaction will later be confirmed. Do not bother yourself about it or panic so far you send it to the right bitcoin address. |
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Do not worry, the transaction will later still be confirmed, there has been mempool congestion recently after microstrategy purchased $10 million worth of bitcoin, that led to more people buying bitcoin recently, that is the cause of the delay in clearance time due to mempool congestion, the fee you used is not enough to make the transaction to be confirmed in time, but wait till tomorrow or Sunday.
I would have adviced you to pump the fee, but the transaction does not support RBF, you just have to wait, your transaction will be confirmed probably most likely tomorrow or on Sunday.
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Bitcoin has almost already decreased below $31000 before Microstrategy pumped in $10 million which amounts to 314 btc, this really helped bitcoin price to increase and now at $32500 or a price above when I was writing this, this will make some traders to take the advantage of fomo and the price may still increase further, but likely $35000 may be the barrier this time around, but it will be good if bitcoin price can break this barrier if more institutions join and pump in more money. But, if there is still a decrease in price, likely institutions still have to pump in more money or the price may decrease below $30000 possibly.
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Hey guys thanks for your support and replies. I sent to the same btc address earlier that same day about 30mins apart and the btc came through instantly. (bc1qdyxc2hx23ncp4jc4z0wgv98dvvsrs6f8h9n4jk) is the recipients address. The transaction ID: d4c23f9abc4b9a5485d1b8957f601644269e5990effab9205e6f49f99e348f09
This transaction was successful.
I did another transaction roughly 30mins after which is transaction ID: cb6b3866e1de1f393a434a469a1029a752f71690f172fb9d30e780903324403a which hasn't been received.
It will be good to provide us these information 1. Are you the owner of the recipient address? 2. If you can tell us the wallet you are using? Hope not an exchange? 3. Is the recipient wallet synchronizing with the blockchain? Possible solutions1. If the owner of the recipient address is not you, the owner can be lying to you, probably scamming you and want you to send more until you realize you have been scammed. 2. It can be a stupid wallet you are using, you can download a better wallet, I will recommend you to download electrum wallet from electrum.org, import your seed phrase into the electrum wallet, check your balance to know if the funds has been sent. 3. If you sent it to an exchange, it can occur like that, you will need to contact the customer care of the exchange, if it is a legit exchange, they will solve it for you and you will see your bitcoin appear on you exchange balance after providing them some proof that the transaction is actually from you. Be careful of your seed phrase and private key, do not disclose it to anyone but to you alone. |
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I too will suggest you to use electrum for bitcoin because it is one of the best wallet to save bitcoin, but why are you asking such a question? In my opinion, someone can only guess if you send from a particular wallet, the guess can be correct or completely wrong because there is no evidence they will have to know the wallet you sent from because there are many Bitcoin wallets that are existing and the wallets sent from is not included on blockchain. Looking at the raw transaction, no. You'd have to probably do an indepth analysis of the spending behaviour. There could be some behaviours that could give clues to what kind of wallet it is. It's by no means accurate though. For example, a transaction without opt-in RBF and with a legacy address could be a Blockchain.com wallet but it could also be someone intentionally disabling opt-in RBF or just spending from an old Bitcoin Core client.
Yes, not accurate especially if the transaction does not support RBF because there are many wallet that do not support RBF while the RBF can be disabled on the wallets that support it, also there are many wallets that support legacy addresses which also not supporting RBF. |
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Plagiarism is when copying from another site or platform their contents or article or writeup and include such in your article or post on this forum or any other site, I know you know that already. That is stealing of another person's online content and claiming it to be yours which is against the rules of this forum, anything you copied from another site, be it picture or writeup, you need to include the link, even if it is one or two lines you copied, you need to include the link, if the link is included, then not against the rule because it is no more plagiarism. Does the forum also consider the content from a site with creative commons licensed plagiarism?
How many % of content copy from © licensed is considered to be plagiarism?
Always include the link, even if it is only one line you copied or you copied only a single picture from another site irrespective of its copyright. |
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Another suggestion, you can use two mobile phones which you can buy one very cheap and use for cold storage and use the other as watch-only wallet. It will be fine if you have a phone you are no more using again but can still function as cold storage. Okay, here's the procedure to create a cold-storage mobile Electrum wallet: - 1. Install Electrum on both devices, and create a standard wallet on the "cold storage" device, that will be your main wallet that contains all the keys and shouldn't be connected to the internet even once (a newly formatted device/new device is better).
Make sure that the seed was saved in a physical backup like a piece of paper. - 2. Click the wallet's name on top of the screen and click "Master Public key" twice to open the QR code.
- 3. On the online phone, create a new wallet using the option "Standard Wallet->Use a master key", then click the camera icon to scan the cold-storage wallet's QR code.
This will create a watch-only wallet version of your cold-storage wallet. - 4. Confirm if the address in the receive tab is the same.
Now to use those wallets: - You just have to create a transaction using the online watch-only wallet using the send tab.
- Fill out the recipient, amount, etc. then, click pay (select if you want to opt-in RBF, yes) and click the QR code icon below.
- In the cold-storage wallet, go to send tab and click the camera icon on the right side and scan the other device's QR code.
- The transaction will be imported to the cold-storage wallet, now click option->sign (enter your pin) and it will be marked as "signed" above.
- Click the QR code icon, then scan this using your online watch-only wallet and the signed transaction will be imported and now you can use options->broadcast button to send it to the network.
If you're not familiar with Electrum's defaut bitcoin denomination, you can change it from mBTC to BTC in the settings->denomination. |
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One of the safe way to securely hold bitcoin is the use of hardware wallet, because your bitcoin will be readily accessible for you to use unlike many other cold storage means. But you need to be careful and operate your hardware wallet with the app you will use to operate it with clean internet environment with no malware.
Hardware wallets like trezor and ledger nano are recommended, I will also recommend you to use electrum as the app you will use to operate the hardware wallet, you can download it from electrum.org.
But, irrespective of the wallet you are using, you need to operate the device in a clean internet environment in such a way the device used to operate it should contain no malware.
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The transaction has been confirmed already, you pasted the txid but it will be good if you can share us the address you sent it to, I mean the receipt recipient address. Likely you sent it to the wrong address. Make sure the address correspond to the one on the blockchain which is pasted below.
bc1qdyxc2hx23ncp4jc4z0wgv98dvvsrs6f8h9n4jk
If the recepient address is not corresponding to the one pasted here which is the address you sent it to, that means you sent the bitcoin to a wrong address.
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The first time I created noncustodial ripple account, I sent $50 worth of ripple to the wallet, surprisingly, 20 ripple which worth around $10 at the time was unable to be used, it is called ripple reserve, anyone that want to invest in ripple and want to use noncustodial means, he will have to have a ripple reserve of 20 ripplewhich can not be sent but locked in the wallet. Why the ripple reserve?
About ripple blockchain, it is clear that it is not decentralized but centralized. Also the law suit filled by United State SEC seems not of a false allegation. If ripple is not truly centralized, then ripple CEO will not sell such $1.3 billion worth of ripple.
Since the allegation, ripple price has been falling, to the extent ripple was not able to partook in the present bull run in the long run, it for now remain a centralized and less worthy coin. That is why most exchange based in United States have being delisting it. Centralized government non-backed coins will surely be shady.
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Identity verification request is essential for your protection. You lose access to your account, so if they give access to your account easily you may lose your money.
As long as you want to deal with central platforms, choose a reliable one and be prepared for all kinds of identity verification, including sending a video (with the development of Photoshop, sending pictures is not enough).
AFAIK, Binance is trusted one.
Where did I say verification is not essential. Are you reading my post correctly? Try to get this right, know that you are dealing with centralized exchanges which can request for kyc at any time, you should remember not your key not your coin. I have been using binance for a while now and the login as always been working well, probably you forgot your password, I guess. And in that case, they will need you to prove the ownership of the account for another person not to claim it. hugeblack is completely correct and that is what he commented also. Or never use centralized platforms as it there are situations that will result to your identity being demanded for. |
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This might have been answered elsewhere but couldn't find it, if it has.
The miners get paid less and less as time goes on.
With the ledger also growing bigger and bigger, wouldn't the cost of mining start to exceed the profitability of mining? If no one would mine bitcoins anymore, wouldn't it shut the whole system down?
The thing is as time goes on, mining difficulty will increase for certain as more people join to mine, so the reward will reduce as all or most miners as already joined mining pool, also the mining reward do halve in every 210,000 blocks that are mined which take approximately 4 years, this will also reduce mining reward. But, this is reflecting directly on bitcoin not on bitcoin price as bitcoin valuate and increase in price when compared to fiat, people will still use fiat like dollar to calculate the price of bitcoin. As the bitcoin price is increasing, this makes mining still profitable. If bitcoin can continue to increase in price, it will help miners to still gain. |
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dont get yourself confused with bitcoin and cryptocurrency. no different between the 2 because bitcoin is cryptocurrency. Blockchain can be different but it is not an asset in any way when it is not cryptocurrency.
Bitcoin is not the same as cryptocurrency, bitcoin is a cryptocurrency but not all cryptocurrencies are bitcoin, there are thousands of cryptocurrencies existing while bitcoin is referred to as bitcoin while the rest are referred to as altcoins because the marketcap of bitcoin is still greater than all the marketcap of all altcoins. That is why bitcoin needs to be regarded separately, while others should be called altcoins in my opinion. |
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Just to get the question rightly, did you mean you are looking for ways to securely save your seed phrase or private key in a way no matter what will happen, it will be passed on to hires in a way they will be able to recover the bitcoin stored for them using the seed phrase or the private key for recovery?
Or to make it simpler. Did you mean, if you buy Bitcoin today for example, ways you should follow in a way your hires will be able to inherit your bitcoin if anything unexpectedly happened? So that the bitcoin will not be lost.
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This will be one of the moves of the world moving towards decentralized sustem, rather than depending on third party that are centralized. I hope you know what immunity passports entails, if not read this: Digital “passport” solutions rely on storing your data in a corporate silo. This is the centralized data model that we’ve been stuck with due to the absence of a reliable way to verify identity online. Someone else gives us an identity — an email account, a shopping account — and requires us to give them proof of who we are, where we live and so on. Over time, these third parties — Amazon, Facebook, Google, etc. — have tracked our behavior to better design products and services. Sometimes, they sell that data so others can do the same. We consented but not in a meaningful way. Repeatedly, our data was taken; increasingly, it became clear that even when legally held, it was being used in ways that were exploitative and invasive.
At the same time, all but the most elaborate physical documents can be forged. In many areas of the world, paper cards, PDFs and printed emails are being accepted as valid proof of COVID-19 testing. Similar methods are being considered for vaccination proof, requiring just the recipient’s name, the type of vaccination, date, location and provider. How is this likely to turn out? Recently, a group was arrested for selling fake COVID-19 test results at Paris’ Charles de Gaulle Airport. Unless physical proofs of vaccination have the tamper proof qualities of actual passports, they will be forged.
There’s also a third problem: An “immunity passport” is a misnomer. It does not ensure immunity because our understanding of COVID immunity is incomplete. Scientists have found that having contracted and recovered from the disease in the past is not a guarantee of future immunity. For this reason, the World Health Organization has actively discouraged the use of “COVID passports.” Similarly, not all tests for COVID-19 are created or treated equally, leading some institutions to only recognize tests from pre-determined providers and locations. Governments have different mandates for when travelers are tested. A passport needs to be a living document that adapts to science and policy. Verifiable credentials will be the best solution because it does not affect privacy. Verifiable credentials mitigate all these problems. A verifiable credential can be issued by a health provider to prove that you have been tested or vaccinated. The form of that credential is written to a distributed ledger — but not the content. So, if you are asked for proof of a COVID-19 test, the proof is the form of that credential and the specific cryptographic keys that show it has been issued to you. The content — all your personal data, including the outcome of the test — is held by you and you alone. You get to decide if you share that information or not. The form it is bundled in — the credential — is the only thing that needs to be verified as coming from an authentic source.
Decentralized identity means that people have control over their own private information instead of being required to relinquish it to some corporate database. Additionally, because the form of the credential and proof of issuance are written to a distributed ledger, verifiable credentials are tamper-proof and cannot be forged. They can also be simply and quickly reissued to adapt to new medical information and government mandates. The idea of global vaccination and health data being stored in centralized systems has more than privacy experts freaking out. https://cointelegraph.com/news/we-don-t-need-immunity-passports-we-need-verifiable-credentials |
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