This difference between the three https://coinmarketcap.com/faq/What is the difference between "Circulating Supply", "Total Supply", and "Max Supply"?Circulating Supply is the best approximation of the number of coins that are circulating in the market and in the general public's hands. Total Supply is the total amount of coins in existence right now (minus any coins that have been verifiably burned). Max Supply is the best approximation of the maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. |
|
|
|
|
If the error persist, the best you can do for now is to import your seed phrase into a better wallet. I will recommend you electrum wallet. Download it from electrum.org and verify it. Then open the wallet and restore seed phrase by importing your blockchain wallet generated seed phrase into the electrum. You will be able to see your balance and be able to transfer the Bitcoin.
|
|
|
|
All Bitcoin address that start with 3 are nested segwit addresses.
Completely wrong. How is it wrong, are multisig addresses not nested segwit? Or, why? |
|
|
|
|
All Bitcoin address that start with 3 are nested segwit addresses. All Bitcoin addresses that start with bc1 are the native segwit which is the real addresses regarded as segwit addresses. While in addition, addresses that tarts with 1 are the ledacy addresses.
If you use noncustodial wallet, you can send bitcoin transaction to any of the addresses, the transaction will be successful and confirmed, but sending using native segwit has low fee payment while legacy in addition will have high fee if compared to the other two.
|
|
|
|
|
Although, not necessary for experts, but can still be included. The use of anti-malware/antivirus.
It will be good to make use of ad blockers and not using playstore to download, downloading from the official site is better, and visit the right and legit site, not the fake ones. Anything fake is the a sign of phishing.
|
|
|
|
Bitcoin is beyond devaluation now, only privacy can the government be looking after to deprive people from in a way to collect tax, while this is stringent is some countries and other countries not thinking yet about it. What is the threat to bitcoin today?
People like bitcoin because it is decentralized, this has made Bitcoin having more value which will just make it be like gold in the future, as they embraced gold, Bitcoin will be embraced and likely will be the greatest asset in the future. Government intervention?
This is not intervention but distruction because bitcoin pose no risk than their fiat. Before the days of bitcoin were terrorists that have killed millions of people, also are the days of fiat used for other criminal activities like money laundering. Regulators?
The regulators that are also having bitcoin already, that is why some will speak against while some will support. The regulation will only wan to lead to bitcoin privacy to be compromised which I believe some people will still make sure Bitcoin privacy will not be compromised. They will not be able to accept the fact that many funds are not taxed?
Bitcoin is an asset also, while they can use exchanges and noncustodial wallets to tax Bitcoin. This can only just lead to government Ms enforcing their citizens to register their noncustodial wallets in a way they will be looking for means to also tax it which can be difficult though. The emergence of new, more promising coins that will compete with bitcoin?
Most of the new coins will either become dead or remain being shitcoins. The coins that are likely to compete are just the ones on the top of the market now, but that are still not compatible with bitcoin. Perhaps, when discussing the pros and cons, many will have their own opinion that would like to hear.
There is not cons than not to misplce the private key or seed phrase to access your bitcoin. Bitcoin will find its way to be the world's currency and remain to be an appreciative asset. |
|
|
|
|
This is quite an informative article that can help especially the beginners but just want to add to it.
I realized you mentioned how bitcoin can be lost by misplacing private key and also from hacked exchanges but you did not mention how it can be lost through malware installation on wallet devices and also through phishing attacks.
Also, you did not mention seed phrase all through, for beginners to understand, you need to let them know how important seed phrase are. Because losing the master private key, seed or the seed phrase can be used to steal your whole wallet and lead to Bitcoin and other funds lost.
Ways Bitcoin can be lost
1. Forgotting the encrypted password used
2. Seed phrase accessed by attackers
3. Malware attack like trojan and keyloggers etc
4. Through phishing sites
5. Through fake exchanges
6. Through fake wallets.
7. Through lost passphrase
8. Hacked exchanges
9. Lost to cloud mining sites
10. Lost to Ponzi scheme
11. Lost through fake giveaways and airdrops
12. Lost through misplaced seed phrase, private key or seed etc.
There are bitcoin that has been lost and not accessible again through the following bolded above.
1. Forgotting the encrypted password used
7. Through lost passphrase
12. Lost through misplaced seed phrase, private key or seed etc.
|
|
|
|
Charles-Tim, whether the Coingecko site owner thought any exchange was fraudulent or not shouldn't have made them not to tally the number to what they put out there on Coingecko. Except there is something else the site is trying to tell that I don't know as a layman here. It worries me that other data may not also be accurate and this is my concern. If whatever that has happened is a glitch, I hope it's fixed quickly.
To know the numbers of exchanges in total is not necessary, what is necessary is to make use of legit exchanges. Also like you commented, it is very possible that the total number of their cryptocurrencies listed is not accurate, but dealing with good coins like Bitcoin is mostly important and the good coins are on top of the list. The total data is not necessary so far the good ones are the ones listed above. |
|
|
|
I thought this cryptocurrency will never work because it will either 1). get regulated / shut down, or 2). never be accepted by the general populous.
China ban Bitcoin but 65% of Bitcoin miners are in China, if they can not sell it, will they mine it? Nothing can stop Bitcoin adoption. Its decentralized nature makes it impossible for ban. still have this holding untouched including 1 btc and have no plans to sell it until I am sure it has hit full critical mass or goes to zero.
It is impossible for bitcoin to go back to zero, the world has regmcognized it, institutions are investing in it now, and it is getting more adoption. Expect it as the coin it is, a deflationary coin that will increase more in value in long term for its limited supply. Should I just forget about bitcoin now and go back to my business?
This is your choice to make, and you have gained. But, know that bitcoin is a deflationary money over long term period. It is an asset, an appreciative asset. |
|
|
|
All these are just predictions about what could happen in the future about bitcoin mining, it will be good if it gets to governments of individual countries to start engaging in bitcoin mining, but this may not happen, or possibly it may happen. But, it will be good if it happens which is an indication that the market price and marketcap of Bitcoin would have significantly increased while the world will support more of bitcoin. Some people said bitcoin is controlled by China, but this is not the fact and not true, although, China mine 65% of bitcoin, while most of the Bitcoin are sold to outside of China, which means they are not controlling it. But the data which I saw on the link provided below truly suggest good information, that in 2017, China mine 75.62% of bitcoin, while this has drastically be decreasing and now it has decreased to China mining 65% which may likely decrease further as time goes as more countries are now supporting bitcoin mining. https://medium.com/original-crypto-guy/the-coming-bitcoin-hash-wars-will-be-the-new-space-race-34a3330875c4  Public data from cbeci.org. Hash Rate % as at April 2020 Public data from cbeci.org. Hash rate %as at September 2019 With the article, it is clear that some countries are now supporting bitcoin mining, these will be the country that will not take Bitcoin mining for a joke but as a business opportunity to their citizens which can increase their gross domestic product, this will help in shift China aways from mining the most new Bitcoin into total circulation. Bitcoin is just at its early stage yet, if the world support it, it will be more than an asset because it will be the greatest of all which its value will continue to be increasing further. It is just a deflationary currency that is worth going mainstream and becoming the first world currency and the most recognised asset in the future. |
|
|
|
|
I have checked this out and saw what you provided to be right, that is just an error on coingecko, the total listed are 375 exchanges. Also know that the exchnges listed are the ones that they approved to be legit and not scam, like on Coinmarketcap, the total exchanges listed are 349 exchanges which is lesser than the total listed on coingecko. The listed exchnges total differs from sites to sites while each have creteria before listing exchanges. And, for this, I will prefer to make use of coinmarketcap which has less amount of exchanges listed on their platform.
|
|
|
|
|
I will like to make my comment using only Bitcoin, Bitcoin is likely to cross $100,000 as predicted by some analysts although analysts predictions may be wrong but I do not doubt this. If this will happen, it will be as a result of institutions that are more investing in bitcoin, Bitcoin price is still in its low stage, it will still increase because it is a deflationary currerency. With institutions adoption coupled with fomo retail investors, it is likely for bitcoin to cross $50000, and possibly $60000. If these do not happen this time, it will still happen later in which Bitcoin will cross $100000. These are certainties, it will still become things of the past when bitcoin attain $2 trillion and more.
|
|
|
|
|
First of all, read the rules of the forum, there is one common mistakes newbies do make, spamming and plagiarizing, do not spam nor plagiarize, even if it is a line you copied from 1000 lines from a site, you should include the link for not to get banned. Keeping that in mind, you will not be banned and read other rules and do not go against any of it.
I was like you last year, thinking this forum is hard and I can not make it to anywhere, but I started and I kept going, it was surprising I posted topics and I got merit for it, I continue to have passion for Bitcoin and learn about it the more, it later became a time I made posts and got merited which is the evidence of quality posts on this forum.
All you need to do is to take it easy, read about bitcoin, cryptocurrencies and related boards on this forum, you can contribute in some boards that you like, and later focus more on bitcoin boards, if you read about bitcoin and other crypto very well online, there would be some mistakes though after you post some topics, and you will be corrected, if merits sources and ranked members with smerits see you posts having food quality enough, you will be given merits and you will be fine.
I will advise you to take it slow, first read about:
1. Bitcoin mining
2. Crypto exchanges
3. Bitcoin and crypto wallets
4. Crypto trading
5. Crypto scams
6. Initial coin offering
7. Initial exchange offering
8. DeFi
9. Bitcoin transaction and input consolidation.
10. Replace by fee and child pay for parent transactions
These are some common posts on this forum, after you read all these online, you will have good information about them, and the more you will be acquainted to this forum, then you can try to read mastering bitcoin. Just take things slow and easy, you will get better on this forum if you want.
On this forum, you will need to be hard working, because your posts need to have quality before you can rank up.
|
|
|
|
This is the new scam tactic now, there was similar one reported some days ago Be careful with this so called Integration Wallet website https://bitcointalk.org/index.php?topic=5308513.0I believe such sites will ask for seed phrase which will be the means of scamming people by using victims seedphrase to steal from their wallet after compromising the wallet, and it will be bad if someone give such sites any of the seed phrase of any of his/her wallet having bitcoin and other funds, all the bitcoin and other funds will just be completely gone. |
|
|
|
|
There is nothing to fight about this, CBDC will just be a modern era fiat, nothing will be different, it will be manipulated by individual countries that owns it, very possible it will be subjected to increasing supply in a way it will be able to be devalued just like fiat, we do not yet know more about CBDC but it is certain and clear that it will be nothing different form how fiat operates and will be privacy-depriving cryptocurrencies.
Bitcoin is not just a digital currency, CBDC will be digital currencies only which will be inflationary, but unlike Bitcoin that is also a digital asset, people will prefer it to others because it is the alternative to gold and will appreciate.
|
|
|
|
To speed up the transaction's confirmation, the owner of B can use B in a new transaction paying a very high fee, or if your transaction has change, C, you can do the same with C.
It depends, there are some cases the B will find it impossible to use CPFP, if the wallet of B can not be able to spend unconfirmed transaction, this will not be possible, I will like if you can include this to the OP board to make it more clear. In order for b to be able to use CPFP, the wallet should be able to spend unconfirmed transaction, just like on electrum wallet. But, in all cases, A will be able to use CPFP in any circumstances so far their is enough funds from the previous UTXO in his balance to perform another transaction into his another wallet address or to another address with high fee. |
|
|
|
There lot of similarities and the same time difference of these two store of value.
But for me, you can say analog version is the gold and the digital version is the Bitcoin. As we know, analog is kinda for old schools, and digital is new and most popular these days. That's why I can say, gold is for traditional way and Bitcoin is for modern way.
There are still some more differences, but I will like to mention the most important ones, and it is the reason some institutions are turning aways from gold into investing in bitcoin, just like Microstrategy. The limited the supply of an asset, the more the value which will reflect in the price, Bitcoin has a limited supply of only 21 million btc, this will be the total bitcoin that will be in circualtion, this could make Bitcoin more valuable than gold in the future. Gold does not have a milited supply, even if it has, the total supply is very huge in a way gold miners will continue to mine it for ages, that is why the price of gold has not gone up than what it actually is now. Bitcoin is artificially made but digital while gold is natural is another difference. |
|
|
|
|
There is not need of saving addresses, only what is important to be saved which supposed to be saved offline is either the seed, private key or the seed phrase, all these can generate your wallet addresses for you, that is why in electrum wallet, you will be instructed to backup your seed phrase. So far you sent the correct address to the sender, while the sender sent bitcoin to the correct address, you will see your bitcoin when the transaction is confirmed.
|
|
|
|
Buying verified account is not recommendable in its entirety, it is not safe at all. It can lead to different kind of fraud. Like if binance noticed anything like something wrong somewhere and need additional verification, what will the person do after he has bought the account? This can later lead to the account to be finally blocked. How about people that will sell fake ones, or in the process of selling legit ones but hijack back the origin, all these are possible. There are people that defraud people using the examples above. While thirdly, explained below. I think this will be later be used on frauds...
So it's risky to sell accounts especially if there's a real identity on that account.
This is not wrong, buying a verified account means the identity is not linked to the buyer, the buyer can even be from a country that binance support, but need a verified account for malacious purpose which could be criminal in nature, the person can be money launderer or even a terrorist, anything is possible in this case which makes selling of verified account to be forbidden. |
|
|
|
Using bitcoin halving as an example, in every 210,000 block bitcoin reward will have in which miners will be paid a mining reward of 50% as compared to the time before the halving. For example, before the last halving, Bitcoin mining reward was 12.5 btc but after the halving, bitcoin mining reward reduced to 6.25 which is half to what is rewarded to miners before the halving. Some altcoins too do halve in certain period of time. This are the lists of the altcoins that are set to halve this year.
Verge (XGV)Verge (XVG) is set to undergo a halving on Jan. 25 when its chain reaches a block height of 4,700,000. At this point, the current reward of 200 XVG which is issued to miners every 30 seconds will be cut to 100 XVG. Tomochain (TOMO)Tomochain’s (TOMO) halving will occur on Feb. 7, when the number of TOMO coins issued yearly will be reduced from 2 million to 1 million. The Tomochain blockchain features block times of two seconds, and every 900 blocks make up an epoch. For each epoch, a total of 250 coins are issued to miners at the current time. This figure will be halved to 125 coins in February. Vertcoin (VTC)Vertcoin’s (VTC) block reward halving is scheduled for Dec. 8, at which point the number of VTC issued to miners will be reduced from 25 to 12.5 per block. Vertcoin was forked from Litecoin (LTC) — itself a Bitcoin fork — in 2014 as a response to the application-specific integrated circuit, or ASIC, machines that were invented for Litecoin mining the same year. Vertcoin aims to remain ASIC-resistant and can be mined with a GPU. Ravencoin (RVN)Although not technically scheduled to take place until January 2022, Ravencoin’s (RVN) first block reward halving is just 12 calendar months away and will see the issuance rate cut from 5,000 RVN to 2,500 RVN per block. To read this in fullhttps://cointelegraph.com/news/four-cryptocurrency-block-reward-halvings-to-look-out-for-in-2021 |
|
|
|
|
Show Posts
