If you are old in this market, you already know that these crashes near the pre and post bitcoin halving are temporary and the price will move up in the mid to long term. But for a new investor, who recently invested in bitcoin, these crashes could be a reason to sell of their bitcoin to save their capital. They do not see the long term picture and later when bitcoin again pumps, they start to regret it.

We, the experienced ones, know that whales and institutions move the Bitcoin price down in order for them to accumulate more. But at the same time, they also do this in order to eliminate the weak hands and keep them out before entering the real bull phase.

I have a better more secure solution for this. Since you want to copy your wallet files in your USB and then encrypt that USB so no one can access it. But if you connect your USB with a malware affected computer and copy it is connected to the internet, then you are not 100% sure that your wallet files were not compromised while copying this data on your USB. Even though the chance may be very slim but since we are dealing with our money, we should be 100% sure about it.

A better way is to install a USB operating system on your USB drive, like tails OS and then create an offline Electrum Wallet there and transfer your funds in that wallet. Make your the wifi option is disabled in tails OS and there will be no chance of your seed phrase or wallet file getting compromised or affected by any malware.

Even if someone has the resources and money to buy the real estate, he should think twice about it. Real estate was a good investment a decade ago but now the world situation is unrest. The Ukraine Russia War, the China-US tension and the increasing floods/earth quake in recent times have made real estate a risky investment.

We all know that if there is any hint of a world war, people wouldn't be buying the properties, and we could see a selloff pressure in the real estate industry.

Bitcoin, on the other hand, might prove to be a very handy and store of value in these uncertain times.

Before the FTX crash, nothing was affecting too as everyone knew that SAM would take his exchange to the level up from Binance CZ. Also everyone thought that FTX would become the number 2 exchange after binance and people were blindly trusting FTX.

Same goes for Binance, as people close their eyes on everything as they trust Binance blindly. It is only a matter of time when they all will be shocked to see their beloved exchange ditching them.

So you mean that this FTX Scam was planned years before when Sam Bankman Fried, the founder of FTX launched the exchange with free withdrawals?
I just can't imagine how people think and plan to scam people while if they spend the same energies in a positive way, people like SAM could make exchanges / products even better than Binance. But unfortunately, they opt the wrong way.


Yeah, but now we have become intelligent with experience and can use the free product intelligently. Don't keep the funds on the free withdrawal exchanges but only move a certain amount of funds if you want to pay to a few different people and avoid the fee. There can be many use cases for the free withdrawal exchange.

You need to know that your bitcoins are not stored in any wallet, they are stored on blockchain. So if you import your seed to different wallets you will see the same amount of bitcoin in each wallet.

Also if you download many wallets on your system and  import the same seed on those wallets, it will increase your risk as all those wallets store the wallet (seed) information on your system.

I would suggest that you make a new wallet and send your funds to that new wallet. Now all your previous wallets will have zero balance and you do not have to worry about those old wallets as even if they become compromised, they will be empty.

It does not matter, because once you collected small inputs on a single address or multiple addresses, you will have to pay a higher fee when spending them or consolidating them.


Apart from the privacy factor, if we receive inputs in multiple addresses, we can use the feature of coin control in electrum, especially useful when we need to spend small amounts.

Bitcointalk was down for around 10 mins or so. Did anyone noticed?  Any reasons, Server glitches or DDOS attack  

I also confirmed from downforeveryoneorjustme to be sure the problem was not at my end.

When consolidating your inputs, make sure you use a fee that gets confirmed. As you said, mining fees are increasing, usually a very low fee can keep your transaction unconfirmed for a long long period, so be aware of what exactly you want to do.

Just to give you an idea, if you put 8 sat/byte, it will take more than 1000 blocks to confirm, so if you put 7 or 6 sat/byte as the fee, you may have to wait a lot longer.



https://buybitcoinworldwide.com/fee-calculator/

I would not recommend this method at all because this is the most risky. Although some casinos may let you deposit and withdraw without KYC but they will never let you withdraw unless or until you wager the whole balance. So now you have to first gamble the money, and you can lose everything in the process.

If you want to do this centralized way, better use the non kyc exchanges to send the bitcoin and withdraw in chucks in different btc addresses. Although a less effective method as compared to the methods listed in OP but still at least does not have a risk of losing money like in a casino.

If you send a transaction from one wallet to another and then from that wallet to the third wallet, everything is being seen transparently on bitcoin blockchain however here we are putting the exchange address in between. This means that the OP will send his bitcoins to the exchange. You can verify from blockchain that he send the bitcoin to an exchange address. However, when he will withdraw bitcoin to another address, the exchange will not use his address as a source, so the connection of his source address will be broken and there is no way to link the source address of the OP to the new address where he send his bitcoin from the exchange.

In the case, which OP mentioned, the reason for this mixing is only personal (and not to hide coins from government / financial sector), the exchange can fulfill his requirements.

I was using trust wallet before and there were no sync issues there for most of the coins which i had there in that wallet. It was after that FTX hack and this theymos post Reminder: do not keep your money in online accounts, i stopped believing the exchanges and moved my funds to the Electrum and Unstoppable wallet.

That post is specifically asking for the ZEC wallet which sync real time and i had no idea of it because before that all my ZEC were on the binance exchange.



Well, this sync probelm is not a big deal, the real problem comes if you have multiple wallets on Unstoppable wallet and you have to open each wallet to get it sync. Would it be better if the unstoppable wallet could sync all the wallets at same time.

I currently have 0.33.3 version and the only issue which i face is the syncing of the wallet. It takes a lot of time in synchronization. If you do not open wallet daily and open after a few days/weeks it takes considerable time. Specially the ZEC blockchain on my phone is still downloading the blocks on this wallet 

Has this sync issue been addressed in this release, and should i update my wallet?

Isn't it strange as Mexc exchange claims that they allow up to 30 BTC without KYC withdrawals but here they are asking for the KYC for mere 5,000? So what was the end result of that case ? Was he able to withdraw after doing the KYC or did the exchange never approved their KYC? (as it happens often in order to scam people for money).

I would be careful now to send money to non-KYC exchanges, It is better to do the KYC than to lose our money 

Better learn how to setup before doing it on your own or else you may end up either setting the wallet incorrectly or losing your bitcoins.

I would advise you to first watch these three tutorials to have a basic understanding. Although these are a bit old, but they will give you an idea of what you are going to do.

Hardware Wallets in TAILS or Ubuntu Linux - Verify GPG Electrum, udev rules, sweep Paper Wallet

How To Make A DIY Cold Storage Bitcoin Wallet

Electrum offline transactions tutorial

Well, there are already a few multi chain support wallets, the most popular ones being trust wallet (closed source) and Unstoppable Wallet (open source). Don't understand when you mean when you say that you want to unify all those into the single wallet, perhaps develop a wallet integrating features of all the wallets?


Haha, this will be a new narrative in the market to develop clone wallets, and name different use cases for them and earn money.
We don't have different bank accounts for different professions. 

I don't know what's going on here but wait, if chipmixer service is down, why "o_e_l_e_o" is to be blamed ?
And again if anything goes wrong at Mixtum why are you putting a blame on him ? He has nothing to do in all this.


And here you are saying that any issues at ""WHIRLWIND.MONEY", the responsible person is BlackHatCoiner ?
Why ? How  

OP is looking for a cheap solution and i don't think that instant exchanges are cheap to swap the coins. In fact, most of them offer the most expensive swaps. And they are all centralized, meaning that even if OP manage to find a cheap swap exchange, they may not send the coin back and scam.

By the way, all solutions come with a price and we need to understand that we need to pay in order to get a service. If there is no price, still we are the product ourselves.

There is no ideal world, it is only your mind that thinks that your computer is malware free and the other 99% of the users also believe the same. And then when they lose their crypto, they have no idea what went wrong.



I am testing out making a tail OS through USB and then using electrum through it. This can be a cost effective and better solution rather than making a computer or a mobile an air-gapped device. With tail OS, the Electrum wallet comes by default and there is no need to install any more softwares. Secondly, you can keep save that USB like you save a hardware wallet.

The first thing which i did after reading your post, was to open my Coinomi wallet on my Android phone, check if I had any little bit of balance in that wallet, find none and uninstalled it.

In my early bitcoin days, I used to download any wallet I heard was good and sometimes also transfer Bitcoin/altcoin to them. This is not a good approach as it is very difficult to keep track of all the wallet updates if you have many wallets with you. Like in this case, Coinomi stopped upgrading the wallet and you never know they may close the service one day.