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7741  Other / Beginners & Help / Re: Please Help - Change Address $$? on: November 28, 2020, 08:03:44 PM
Just scroll down below, you will see 'move topic', move it to 'bitcoin technical support'. You will be able to get fast and appropriate response.

Not certain, but likely that address is your wallet address and contain your UTXO, the amount supposed to appear on your wallet balance after it was confirmed. Try to resynchronize you wallet and make sure it is sychronized.
7742  Bitcoin / Bitcoin Discussion / Re: Is bitcoin anonymous? on: November 28, 2020, 07:18:10 AM
For me, I'd say bitcoin is anonymous. Considering the fact that I do not need to submit any personal document to transact with it. However, this post is quite thoughtful and has made me rethink. What if wallet app / site has been recording my IP addresses? What if they can use it to track me?  Huh
Because bitcoin can be tracked on bitcoin blockchain, it is not anonymous, people can not see or notice anything that is anonymous, but if you properly make the transactions and not linked to your personal identity, that makes it pseudonyms. Bitcoin is for privacy not for anonymity.
7743  Other / Beginners & Help / Bitcoin self-custody retirement wallet account on: November 27, 2020, 09:13:31 PM
I made a topic recently about bitcoin retirement account, to just know what we think about it, if good or not. This type of service is provided by some custodial providers like Bitira, Coinira, Regal Assets and Daim. But, according to many bitcointalk members, most commented that one of the purposes of bitcoin is to have privacy. I was thinking fiats are already non-privacy currency that using the service could be fine, but later I realized people can have their salary and use a noncustodail wallet for this purpose which I believe will solve the issue of privacy which is what best to go for.

But, there is one more question to ask, if noncustodail wallet is used which is the best because of privacy, what about the issue of price downturn? Is it good to have bitcoin noncustodail retirement wallet at all? If yes, what percentage of monthly income should be saved?

Also, how can hire(s) be able to access the funds if anything just happend like death?
7744  Other / Beginners & Help / Re: Good hot wallet recommendation on: November 27, 2020, 07:00:10 AM
How about trust wallet? I heard this crypto wallet is half open source or something like that, I've been using it to store thousands of USDT since many months now and I have no issue using this wallet and for the fact that it's from binance team I feel more safer with this wallet, what's your answer on this?
Trust wallet was ones an open source before it was acquired by binance, but is now close source for android, and likely for iOS too as the  last update was in December 2018.

I do not think you should use a hot wallet. It is not safe at all. They have many technical issues, so I think you should stay away from them and use a cold wallet.
There are reputed hot wallets like electrum that you mentioned, but saving high amount of bitcoin on hot wallets is not advisable. Also saving for long term purpose will be best on cold wallet. But, for frequent wallet usage, cold wallet like electrum is still good, avoiding malware and protection your private key and seed phrase will be helpful in avoiding attackers.

But if you ask me my recommendation, I will definitely recommend you a cold wallet.
  • Ledger Nano X
  • Trezor Model T
  • Ledger Nano S
Good cold wallets, 'trezor one' also is not bad



7745  Bitcoin / Bitcoin Discussion / Re: Are you scared? on: November 26, 2020, 10:08:44 PM
This is just a matter of time, bitcoin is the promising coin that will surely go mainstream. There are some people that do not have to do anything with cryptocurrencies generally, but this will change over time. Bitcoin not yet gone mainstream is one of the issues that results into people not using it very well for cross border payments because it is far better and easier for bitcoin user to make use of bitcoin for cross border payment.

Ignorance which is the lack of knowledge about something is the main reason people do not make use of bitcoin for such reasons, but the rate at which people are making use of bitcoin is increasing. With time, most people will know the real value and benefit of bitcoin. Bitcoin is decentralized and private, why people like centralized and non privacy ways which the governments are offering. As for me, I prefer using bitcoin for cross border especially while sending to families and friends, it is much easier with my self custody wallet.
7746  Other / Beginners & Help / Re: Alarming Unix attack is on the rise on: November 25, 2020, 09:24:38 PM
Linux system is hard to crack with the firewall built in it, plus the network firewall...
Linux is known to be the best privacy OS, but users negligence can still make malware penetrate it. People are very ignorant and not concerned about privacy, this has made other OS that deprived people of privacy to be their main target for usage, that is why experts that knows the benefit of Linux are the ones using Linux. But, there are malware that can be built to target Linux but this will also be the fault of the users that mistakenly download and install the malware, but because only few people uses Linux and hackers know it is the preference for expects that prefer privacy, that makes Linux malware to be reduced unlike other OS. Malware are specifically built for certain operative system.
7747  Bitcoin / Bitcoin Discussion / Major Australian investment firm moves from gold to bitcoin on: November 25, 2020, 05:59:25 PM
A billion-dollar Australian investment management firm has gotten into bitcoin, citing that the cryptocurrency is superior to gold. Many of the firm’s clients have been asking about investing in bitcoin. “We have been positioning in gold for our clients for many many years now. Now we’re doing it with bitcoin,” said an executive of the firm.

He also says “We have so many clients asking us about bitcoin and what to do and how to get access,” said Pendal Group’s head of bond, income, and defensive strategies, Vimal Gor. “Large institutions have stayed away so far, but high-net-worth clients and wholesale investors are leading the charge.” He elaborated: All the big hitters in the hedge fund world are coming out to endorse bitcoin now; it is entering the realm of the mainstream.

He also adressed how government bonds might be a dead asset class
He continued: We think ultimately that government bonds will turn into a dead asset class, so we now have to imagine what it will be like for other assets classes when bonds are no longer relevant to hold in a portfolio.

Probably people are moving from gold to bitcoin.

https://news.bitcoin.com/australian-investment-firm-gold-bitcoin/
7748  Other / Beginners & Help / Re: There are more types of BTC addresses than you think on: November 25, 2020, 02:04:49 PM
...
You are just right, only four addresses are valid which two of them are native segwit. But there is another one coming soon after the implementation of taproot into bitcoin core, it is bc1p.

You are probably right. I posted it because it mentioned in the article I read. Also, aren't public key and private key both just btc addresses with different representation ?
Private keys and public keys are not addresses. Private keys generate the public keys, public keys generate the addresses. I just briefed it for you to understand. You can use mastering bitcoin to know more about it.

Should I remove all the private keys from OP ?
Yes, remove it. They are not addresses. Also, remove the public key.
7749  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: I transferred ERC20 tokens (3X Long Ethereum Token) to my Coinbase ETH wallet on: November 25, 2020, 01:52:39 PM
Will Coinbase ever support 3X Long Ethereum Token (ETHBULL) ?
Supposing you have the private key of the ethereum, you would have easily just get your token. But like we do say not your key not your coin as coinbase has the private key. Coinbase has the private key to your address, you can contact them as mk4 commented. I am so sorry for this, but just contact coinbase customer care and let us hear the feedback.
7750  Economy / Economics / Re: Bitcoin retirement account on: November 25, 2020, 01:00:11 PM
Also, why would you choose to buy bitcoin through a retirement plan (presumably with fees) when you could just buy it outright and keep it in your own possession?  I don't know, I'm not a big fan of the idea.
I was thinking it could help bitcoin adoption, but following it does not fulfill some of the bitcoin usage purposes, especially privacy. Anyone following this plan will lack privacy while dealing with bitcoin in one way or the other. The best way to go is to get a reputed wallet like trezor or ledger nano securing the bitcoin ourselves. People that should deal with bitcoin should be experienced enough to handle a wallet and avoiding hackers. If all criteria to hold bitcoin safely are intact, I believe it is the best way to go, I totally agree with you.

I was thinking some people working in offices may not know about bitcoin but know about the investment plan, but it is custodial and nothing about it is similar to bitcoin self custody, and I later have to understood that knowing about bitcoin itself totally in term of price fluctuation and safety is the best way to guide oneselves into having bitcoin retirement account or not, which is not even an account but a bitcoin noncustodial wallet for holding as advised.
7751  Economy / Scam Accusations / Re: Another fake atomic app on google play store on: November 25, 2020, 09:46:42 AM
They might have claimed that PlayStore is safer now than it was before, which is probably true because they introduced human component when checking malicious software, but they are still not doing enough in that regard. Not even close.
That is just the the case, playstore as only been the scam habitat, as centralized as they are, they should be able to protect people that visit the app store. Apps like cloned/fake electrum or other fake wallets similar to original should not have ways into the app store. Lately also uniswap app was also found on the store. There should be ways all these fake/phishing/scam apps can be avoided and find no way into app store, that is why experts do not recommend people to use app stores.
7752  Economy / Exchanges / Re: The end of margin trading on Coinbase on: November 25, 2020, 09:26:11 AM
The San Francisco-based trading platform announced Tuesday that it would prevent customers from placing new margin trades beginning at 2 p.m. PT (22:00 UTC) on Wednesday, while simultaneously canceling any open limit orders. Coinbase will end the margin trading feature entirely next month, once existing positions expire. This is due to recent regulations by the Commodity Futures Trading Commission (CFTC). I hope margin traders will leave coinbase.

It depends on the regulators as coinbase is ready to comply.

https://www.coindesk.com/coinbase-ends-margin-trading
7753  Bitcoin / Bitcoin Discussion / Re: Multisig wallet: how to advice the 2 "confirmator"? on: November 24, 2020, 02:45:18 PM
I do not understand your first question. Or, maybe this would help. If one of the signers has initiated a transaction, the other signers will be able to see it on the wallet too and can sign the transaction in order to complete the number of signers needed. But if you meant anything like notification message, I am not sure there is anything like that, you will need to check your wallet.

Electrum wallet support multisig.
7754  Bitcoin / Bitcoin Discussion / Bitcoin market cap hits new all-time high and surpasses JPMorgan at $352M on: November 24, 2020, 02:00:12 PM
Bitcoin reached new all time high in capitalization only remaining few amount to get to all time high in price.


Bitcoin all-time market capitalization. Source: CoinMarketCap

https://cointelegraph.com/news/bitcoin-market-cap-hits-new-all-time-high-and-surpasses-jpmorgan-at-352m
7755  Other / Archival / Re: 6 Fundamental Reasons Why Bitcoin is Growing on: November 24, 2020, 12:56:13 PM
Because of halving, many investors later investing in bitcoin, bitcoin price increase even started some days before 2020 halving. The institutional interests can also be linked to halving as they could have been looking for perfect time to invest which they know after halving would be good as fomo increases. I also believe in everything in your article aside DeFi. Only the wrapped btc, renbtc and some tokens like that could have effect on bitcoin price, and the DeFi projects that have such effect only contribute less than $3 billion to bitcoin marketcap, bitcoin now at $342 or more marketcap. Some people would have even transferred their bitcoin to DeFi like wbtc because they just want to invest in bitcoin and want to take advantage of active income, but if not such, they could have just left their bitcoin holding alone, but not all will be the case. But, see bitcoin helping ether becaue as people are investing in these DeFi projects like wbtc and renbtc, it is increasing the price of ether more, and I think we should see it that way because bitcoin does not depend on DeFi projects but many DeFi projects are depending on bitcoin. Although, these DeFi projects like wbtc increase the marketcap/price of bitcoin, but very negligible, but does more to ether marketcap/price.
7756  Economy / Economics / Re: Bitcoin retirement account on: November 24, 2020, 12:37:05 PM
If your Bitcoin portfolio is protected from thieves, hackers, and protect your privacy, it doesn't make Bitcoin immune to devaluation.
You can be right, but I think it can be impossible for bitcoin to devalue over long period of time. These are my reasons:

1. If you can check past time, bitcoin marketcap is not as high as this, and also bitcoin is mosted used by retail investors unlike now that institutions are the whales recently investing, which may change bitcoin realized cap and strengthen it.

2. Bitcoin is also a deflationary currency, as people are getting to know bitcoin, there will be a time its marketcap will be strong like gold, and because of the limited supply, more people will be encouraged to invest in it.

I am thinking in the next 60 years, bitcoin ca never be $20000 or lower again, its marketcap will be in trillion at the time. Very possible bitcoin price will surpass $100000.

If bitcoin reach all time high ($20000) soon, that means it is still a deflationary currency, and nobody that is holding it again is losing, aside the fomo people that later sold bitcoin at loss.

If someone hacks your wallet you're fucked. If someone hacks your bank account, the bank is supposed to refund you for their lack of security.
You are right, but custodial services like Gemini Trust are providing the custodial means, that was even the reason I made the topic, but some members did not agree for such custodial means that bitcoin should be totally noncustodial. I go noncustodial, but it is certain that the custodial means will dominate, and cold wallet is being used by Gemini trust to save the funds, and if anything goes wrong, the custodial service provider should be held to provide customers funds.
7757  Economy / Economics / Re: Bitcoin retirement account on: November 24, 2020, 08:07:54 AM
...
I totally agree with you. And it is good to learn about bitcoin and how it works rather than depending on such custodial services. I can personally take 10% or the persentage of interest to buy bitcoin myself in a no kyc exchange or through other no kyc means, and have the bitcoin in my noncustodial wallet. This will fulfill the purpose of bitcoin ritirement account, and the privacy which I excluded before now included. It is best for us to go noncustodial and having our private key to our bitcoin.
7758  Economy / Economics / Bitcoin retirement account on: November 24, 2020, 07:25:22 AM
I believe employees in all countries would have this type of investment plan in a way there would be companies rendering services in which the employee would be saving 10% or more of his/her salary into retirement account. This type of investment would be tax free and I believe this is how it supposed to work in all countries. Normally, people save fiats into retirement account, and as we know that fiats are fully vulnerable to governmental manipulations which can result to fiats value depreciation/devaluation.

Bitcoin has two major advantages:

1. Privacy, in a way we can save our bitcoin unknown to theives if all creteria for safety is considered and applied.
2. Appreciative money or asset that is not at all in any form vulnerable to central authority manipulations, and completely decentralized.

Some organizations are offering this type of service now in which you can be able to save usually 10% or more of your earnings into the retirement account, some other cryptocurrencies are also offered like ether, litecoin and bitcoin cash. I believe this type of bitcoin investment plan lacks privacy, but I think it is cool as the fiat paid lacks privacy already but the main advantage is that bitcoin being a deflationary currency will be best for this kind of account unlike fiats that will still depreciate over long time period, bitcoin will only appreciate (increase in price over a long time period.

What do you people think about bitcoin retirement accounts?

Although, we should still remember that bitcoin is meant to be a privacy coin, not your private key not your bitcoin.
7759  Other / Beginners & Help / Re: Unconfirmed transaction on: November 23, 2020, 06:38:11 PM
What wallet are you using?

If using electrum, you can pump the fee. Just click on the unconfirmed transaction, then you can click on the pump fee to increase the transaction fee. The transaction is taking too long because of low fee.

You may not be able to do it for free.

Or

If  the present balance on your wallet has the same UTXO, and you want to send bitcoin to another recipient, then just send using higher fee, the parent/formal transaction and the child/new transaction will be confirmed at ones which will be fast with higher fee. This is known as cpfp.
7760  Economy / Gambling discussion / Re: Life, gambling and trials. on: November 23, 2020, 11:09:39 AM
This "gambling money" he told me, he sees it as a form of 'dirty money' that should be spent quickly.
What are dirty money? Money gotten through unlawful means. Is gambling money unlawful? No. Gambling money is legit and you can claim in any bank that this is your money that you get it from gambling. Gambling money is not dirty and I can use it to take care of my myself, families and people, and leaving a better life if I hit a jackpot.
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