Yeah, this app requires way too many sensitive permissions to be considered benign. I don't trust this at all.
Hey ! Would you please point out which permissions is this requesting , which it should not? I would try my best to remove anything which may have crept inadvertently . Trust is not a thing I am looking to lose here, This is my first project.  Why does it need access to photos/media/files and storage? You left that out of your previous explanation above. |
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there's a lot of inputs. probably 20-25. how do i find out how big it actually is? i can't find that anywhere in mycelium.
Mycelium won't tell you, but if you do some math based on the current lowest tx fee to get a transaction confirmed without any delays, you would get ~0.022 for 20 inputs and ~0.0027 for 25 inputs, assuming a single output. You could probably lower that to get it confirmed a little slower. But yeah, I can't see that costing $40 now. I have to guess here, since you didnt include the actual calculation, but your numbers seem off. 148 bytes[1] per input make a 20 input TX, including a 34 byte output, 148*20+20=2980 byte in size. With 25 inputs it would be 3720 byte accordingly. If we assume a reasonable fee of 60 satoshi per byte[2] thats 0.001788 BTC (20 inputs) or 0.002232 BTC (25 inputs) in fee. [1] most public keys are now compressed thus 148 instead of 180 byte. [2] https://bitcoinfees.21.co/I must have been reading size calculation off an older site, that's the number I used. Also, nice avatar lol. |
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I know most people here have already told you it's because of double spending, but I'd like to elaborate on why you so rarely see double spending attempts now: because people wait for confirmations. If people didn't wait for confirmations, there would likely be many more double spending attempts.
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What do you mean about free models ?
This script let you host your own scripts in your own server ... especially if you are programmer and have any programming blog to show live results to your users.
You can even use it like portfolio for your work.
You can also do that with the other two sites. Why should somebody use their money to purchase your script? |
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I think it's great that you made this, but...if you're comparing it to two sites that have incredibly competitive free models, then what's the point in buying this?
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there's a lot of inputs. probably 20-25. how do i find out how big it actually is? i can't find that anywhere in mycelium.
Mycelium won't tell you, but if you do some math based on the current lowest tx fee to get a transaction confirmed without any delays, you would get ~0.022 for 20 inputs and ~0.0027 for 25 inputs, assuming a single output. You could probably lower that to get it confirmed a little slower. But yeah, I can't see that costing $40 now. |
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i've found fees to be insane recently. it wanted $40 for a 1 btc high priority transaction recently. checking again a few days later it was $12 and normal $5. i do have quite a few inputs. i don't have that many. i ain't interested in making miners richer than they are. i'll take my private keys elsewhere if this continues and forget bitcoin completely if this is the new norm.
How big would your transaction be? The combination of higher fees plus a very large transaction could likely be the source instead of Mycelium. |
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Nobody is going to buy a full member account for that much, let alone a "potential" full member account.
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Guys, its easy, use the core client.
That's not the point. Nobody is debating the utility of Mycelium because it has a lot of features and it's good to use things made by people other than the core devs. What they're talking about is the dangers of meeting people you don't know, which doesn't really have anything to do with the wallet itself. |
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What would you do?
Move onto another coin?
Cry all day long?
Throw your computer in the pool?
Eat 100 bananas?
Move to another crypto, for sure  I'm trying to imagine what could kill bitcoin in one fatal swoop, I'm thinking something like collisions being found on SHA-256, so I would say only the non-SHA-256 altcoins would be viable, and even then if Bitcoin died people wouldn't be feeling great about the other coins either. |
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If something sounds too good to be true it likely is. Even with escrow paypal transaction can't be secured while bitcoin transactions are irreversible. OP might be trying to launder stolen money or even outright scam people.
Nobody offers that much in "free money" without ulterior motives. Stay far away, people. |
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It's a good idea, but for a company as huge and international as McDonald's this could also be interpreted as a political statement of sorts. |
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Yeah, this app requires way too many sensitive permissions to be considered benign. I don't trust this at all.
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From my point of view, there are two most important things that can make you invest in a casino :
- You must trust the owner. Not only talking about the fact that he can steal your money. He will get an access to EVERYTHING He can steal the investor's money by creating a random account and playing with it(he knows the seed). For example, winning 0.5 btc a day and you will never notice it. Even if he is an investor, it is still EV+ for him.
- only 1 person should have an access to the server seed. Just a logic thing : more people = more risk. And if there are several admins and many of them have an access to the server seed, as to me, it's just because they don't trust each other.
And this is a huge problem.
Hopefully, there are some great owners like Dean, dooglus etc.
My 2 cents,
Doog and I used to talk about a system that was provably fair not only for players but for investors. The ideas we came up with were similar but would have taken a lot of effort and only mitigated the risk, not destroy it completely. |
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i am thinking what will happen when block halving reward will become negligible may be after 2050 or before that. even now itself miners had quit mining because profit dropped from 25 to 12.5 then think of 2050's situation.
That is a wrong statement. Before halving the exchange rates were around $230 per coin. So for every block, they were getting the equivalent of $5,750. And now, after the halving they are getting $740 per coin, for a total of $9,250. Actually their profits have increased by around 80%. Historically that may be true, but as the reward continues to divide, I don't think that miners will continue to make the same amount. It would require the price of bitcoin to at least double every reward halving. |
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will there be any more update or is that it how much ca you make by justing hosting the script to running the all think. What is the best option thanks
Well if you looked on the GitHub repo you would see that the last commit was about a year and a half ago, so no, there will probably not be any more updates. |
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great site but your odds as always are with the house as normal but good paying faucet but you nee to spend in here to win anything good.
Are you really giving them a negative for the odds being with the house? That's how all casinos and related operate, otherwise they will statistically lose money. Plus, they're already giving away free money. |
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Honestly you should have seen this coming if you were using Coinbase, they have always been 100% on the side of compliance.
-snip- Has stuff like this been proven though? Has anyone been targeted by the IRS for something like small amounts of BTC -> USD, or for no transactions at all? |
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...otherwise much better to stay away from it.
This is the most important part. You should never look at gambling as a way of "earning" money. Gambling is not for earning money, as earning generally refers to some sort of a steady income where gambling is unsure. Gambling should be a fun activity, not a way to get money, not a way to make the month's rent on time. |
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Honestly you should have seen this coming if you were using Coinbase, they have always been 100% on the side of compliance.
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