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781  Bitcoin / Bitcoin Discussion / Re: China Bitcoin ransomware report- 11.9% victim pay to recover their files on: December 21, 2016, 09:09:09 AM
Without doubt  the spread of ransomware is a bad issue and is something which anyone of us have take under consideration. Moreover I see that China goverment has enact strict penalties which means that it takes very seriously the whole issue. But I would like to mention another one thing which is more evil imo. Recently ransomware criminals asked of their victims to pay or sending a link so as to infect other computers i.e to act like as trojan horse in order decrypt their files. It's interesting to drop an eye if you are unaware of it. https://bitcointalk.org/index.php?topic=1714639.msg17176971#msg17176971
782  Bitcoin / Hardware wallets / Re: How to use a Bitcoin Hardware Wallet - Ledger Nano S on: December 20, 2016, 10:17:01 PM
This is nice product, but the question is how safe this wallet is, because it works like USB - probably any USB malware can destroy it. The second question is - how altcoins wallets are working all together. Not all altcoins wallets works perfectly. 

No this product but cheaper one. I mean Nano S has two buttons left and right of the oled display where you must press to confirm the action according the company. The same is if you want to put your pin and your seed even though the latter is a headache as I can see from video https://medium.com/@Ledger/ledger-nano-s-interface-first-look-32a76798c97#.ydo1f6wvl.

It could be nice if the @OP had something to tell us i.e his opinion about the quality of this stick and If he had test it with Electrum because I have no big trust in browser's app.
783  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin still suited to low amount transactions? on: December 20, 2016, 08:56:05 PM
Is true that with blocks full of transactions everyone wants to spend a small amount of btcs have to pay disproportionately big transaction fees. On the other side have you tried to sent money from Europe to USA for example? Why not check moneygram? Today  1 EUR = 0.992054 USD. If I want send from EU to USA 1 Euro I must pay 9.75 Euros that is 8.75 Euros = 0.0114829 Btc fees. Choice is yours.
784  Economy / Economics / Re: Spending Bitcoins on: December 20, 2016, 08:28:05 PM
In most countries, even the developed ones the use of bitcoin as a means of payment is not widespread. If I can not use them  in everyday micropayment transactions I will use it to online shops especially for buying things from abroad without have to use a paypal account or to give the personal data of my credit/debit cards.
785  Economy / Economics / Re: How a cashless society could kill Bitcoin. on: December 20, 2016, 08:17:32 PM
If Amazon and any other multi national is not happy to accept my coins I will buy goods from another one that is friendly with that. But  let speak seriously; do you believe that Amazon will not accept btcs when microsoft, dell and some others have already accepted? When amazon see its sales dive in not only bitcoin but some other altcoins will accept as a means of payment.
786  Economy / Economics / Re: Tell me a secret: any way to earn 0.1 BTC per week? on: December 20, 2016, 05:42:43 PM
It's a public forum with no secrets where people help each other. The only sure way to earn this amount of btc is to offer your work and your employer pays you with btc. All the other is only pocket money.
787  Economy / Economics / Re: I have 12 BTC in my Account, How should I invest this?? on: December 20, 2016, 02:59:33 PM
First of all use your bitcoin as money and not as asset. Secondly, have you ever any involvement with trading? Are you cool, patient and looking always for information? Can you diversify a portfolio? Here is your way to invest. Gambling is not investment; is a sure way to lose your funds. Lending? Definitely no as investment. You can lend your friends and relatives only to help them.
788  Economy / Economics / Re: Alibaba’s Jack Ma: “Everyone Should Have a Bank Account.” on: December 20, 2016, 02:34:13 PM
Alibaba’s Jack Ma: “Everyone Should Have a Bank Account.”

https://news.bitcoin.com/techfin-alibabas-jack-ma-bank-account/

What do you think about this?

At first as we know that using alibaba site you need a bank account. Without that you can not shop online. Secondly maybe your question is why Jack Ma does not support bitcoin against banks? I believe that has many bank stocks he had not invest in bitcoin startups and so on. Many businessmen can ally with the devil if this is profitable for them.
789  Economy / Economics / Re: Why are Venezuelan not switching to Bitcoin? on: December 19, 2016, 10:28:24 PM
Is so difficult for a country to change its currency. It's almost impossible for a government to admit that its policy failed and must change the fiat currency. And is laborious for people especially older one have to learn how to use in a very short time a currency without centralized control(banks). Is there any time for education and information?
790  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be replaced by another cryptocurrency? on: December 19, 2016, 09:30:57 PM
We all know that the bitcoin is the leader of crypto-currencies. But also the leader at a point either he dies or he will be replaced by someone else. The problem is bitcoin needs any improvement? Definitely yes. Even his creator would admits that. The question is whether it can. If there is not any improvement people boost it to the sky people drop it down to earth.
791  Bitcoin / Bitcoin Discussion / Re: MTGOX collapsed organised with the MSM and Governments around the world on: December 19, 2016, 06:13:02 PM
Mark Karpeles tried to kill the Bitcoin and he was unsuccessful. Still, he received enormous amount of money and protection from the banking cartels for doing so. Despite stealing some $650 million, he is living a life of luxury in Japan, and no one has been successful in trying to prosecute him.

I agree that MagicalTux has a large share of responsibility in the collapse of the company and the fraud otf the people had their coins in MTGOX. What I am surprised is because the trial (I don't know if the court has set the date the trial will start) which will probably last for a long time. Surely will be a significant case for bitcoin community
792  Bitcoin / Bitcoin Discussion / Re: How the federal reserve will react to the bitcoin growth ? on: December 19, 2016, 05:33:56 PM
Hi, i believe the bitcoin will be the currency of the future
and it's a threat to the federal reserve
but they are not going to just watch their system collapse of course
how do you think the federal reserve will react ?

Bitcoin doesn't threat anything, it's just a currency for a new way to do better transaction over the world.
Yeah, bitcoin has potential to become the currency of the future but not as a single one, there are a lot others currencies in the future.
If you mean that bitcoin would be the main currency, I don't think so, the highest exchange rate maybe.
Federal reserve will issues another regulations about bitcoin that correlate to users taxes imo.

No my friend, Bitcoin is definitely a threat to them, if it becomes so popular that it replace the reserve currencies. You have to remember,
the masters can only rule the puppets, when they have control over the strings. The fiat currencies gives them the strings, because they can
manipulate it. Bitcoin will never replace the fiat currencies, while the masters attach strings to it. { Example : Services that has to adhere to
AML/KYC regulations. } They monitor, manipulate and spy on us, and we have no choice in the matter.  Shocked

Doing a small research I found that there are some articles from 2013, 2014 which have involved with this issue. They had written that Fed and ECB had expressed the hope that bitcoin will fail. I agree with Kprawn that till now they have not do anything impressive to stop the growth of bitcoin because most of bitcoin users they don't use it as money to buy/sell goods and services but only as an asset for hoarding i.e gold and they wait bitcoin's price to jump up to sky so to exchange it with fiat. Βut if people start to use it as payment processor in their daily lives banks and goverments will surely react. I don't know the way of reaction but if they see that they lose the game who knows what they think?
793  Bitcoin / Bitcoin Discussion / Re: Bitcoin Credit Ratings on: December 19, 2016, 02:23:41 PM
Australia's AAA Credit rating in doubt

http://www.abc.net.au/news/2016-12-19/should-we-care-if-australia's-credit-rating-is-downgraded/8131260

Since Australia would be considered one the leader in Bitcoin i'm not surprised the credit agencies backed down.


The Trading Economics credit rating of Australia (TE Rating = 97  max=100 means riskless) is more representative index than Moody's, Fitch and S&P http://www.tradingeconomics.com/country-list/rating. Furthermore imo this fact has nothing to do with bitcoin adoption but these indexes are based on macroeconomic models.
794  Other / Beginners & Help / Re: How to sign a message?! on: December 17, 2016, 03:12:34 PM
-snip-
You have right. It's [2] link. With this you wrote "...received on an address you have in multiple wallets..." is complicated enough for me with the knowledge I have at this moment. My issue is that I want to change wallet from web wallet (blockchain.info) to a desktop one (electrum or multibit) but I want one public address from web wallet to be appeared only in my new desktop wallet. So I think to apply the following steps and I would ask you to confirm if these and their chronological order are right or not:

1. Install the desktop wallet (electrum or multibit).

Multibit Classic allows you to import private keys, but its no longer maintained besides critical bugs. Multibit HD does not allow you to import private keys. Youd have to go with electrum.

2. Spend all the funds from web wallet to desktop wallet (I don't care the network address).
3. Assume that I want to "transfer" network address: 1NPr3........ from Blockchain.info wallet to Electrum or multibit and I know its private key.
4. I sweep (importing private key), even though there are no funds [spend on step 1.] to Electrum or multibit wallet.

No, sweep just moves the funds (if any) it does not add the private key into the wallet. Electrum forces you to do this in a different wallet file, to make it obvious that its not covered by the seed. You can have two wallets open at the same time though.

5. I check that address 1NPr3........ appears in Electrum or multibit.
6. I delete address 1NPr3........ from Blockchain.info ( It's complicated for me to check if wallets are synced).
7. This address appears ONLY in my new desktop wallet

Thank you in advance for your time you explain to me.

Id skip step 6, as long as you no longer use the bc.i wallet it should not matter anyway. If you dont delete it, you can think of it as a kind of backup.

Ok. I didn't imagine but is logical because first creates the seed and after you import an address. Even though there is no protection, in case my computer or HD crashes, covered by the seed for this particular address I will keep blockchain.info wallet as backup. My wish to change wallet begun because of bc.i removed the facility in newer versions to sign a message.
795  Other / Beginners & Help / Re: How to sign a message?! on: December 17, 2016, 02:27:37 PM
-snip-
May be the right word is "delete" and not "close" https://bitcointalk.org/index.php?topic=1029071.msg11126810#msg11126810 and somewhere else now I can't remember.

Yes, I remembered the post as well. Whether or not its possible depends on the wallet you currently use. The newer versions of blockchain.info no longer allow you to export private keys individually and getting the seed in a way that other wallets understand it seems to be complex at least. You can still maintain the blockchain.info wallet if you no longer use it to receive bitcoin though. Its perfectly fine to use several wallets for different reasons or just to keep your funds separated.


Thank you shorena. Concerning the blockchain.info wallet I found a solution a month ago when I read a thread of the forum with a link about BIP39 Mnemonic Code Converter where I put the passphrase and public keys with their private keys appeared in the screen. So I solved this issue. I asked about how to reuse an address because I don't want the mess. For example, a web wallet, a desktop wallet, a hardware wallet so many passwords and mnemonic codes. Furthermore I want to retain some addresses from previous wallets like the one I have in my profile. Thanks to longbob72 the answer was really simple to follow.

If you spend funds received on an address you have in multiple wallets, you should always make sure the wallets are properly synced before creating another transaction. Besides that I dont think its a problem. In regards to security you have more points that can be attacked, but as long as each is defended well (random, 16+ alphanumerical or 6+ words[1] passwords) it should not give an attacker an advantage. 3 doors one can not crack are not better than one door one can not crack.

Didnt know about the converter[1], Ill have a look at it. Thanks.

[1] e.g. using the eff wordlists https://www.eff.org/de/deeplinks/2016/07/new-wordlists-random-passphrases or one of the electrum ones
[2] I assume this one https://iancoleman.github.io/bip39/

You have right. It's [2] link. With this you wrote "...received on an address you have in multiple wallets..." is complicated enough for me with the knowledge I have at this moment. My issue is that I want to change wallet from web wallet (blockchain.info) to a desktop one (electrum or multibit) but I want one public address from web wallet to be appeared only in my new desktop wallet. So I think to apply the following steps and I would ask you to confirm if these and their chronological order are right or not:

1. Install the desktop wallet (electrum or multibit).
2. Spend all the funds from web wallet to desktop wallet (I don't care the network address).
3. Assume that I want to "transfer" network address: 1NPr3........ from Blockchain.info wallet to Electrum or multibit and I know its private key.
4. I sweep (importing private key), even though there are no funds [spend on step 1.] to Electrum or multibit wallet.
5. I check that address 1NPr3........ appears in Electrum or multibit.
6. I delete address 1NPr3........ from Blockchain.info ( It's complicated for me to check if wallets are synced).
7. This address appears ONLY in my new desktop wallet

Thank you in advance for your time you explain to me.
796  Other / Beginners & Help / Re: How to sign a message?! on: December 17, 2016, 11:49:18 AM
-snip-
May be the right word is "delete" and not "close" https://bitcointalk.org/index.php?topic=1029071.msg11126810#msg11126810 and somewhere else now I can't remember.

Yes, I remembered the post as well. Whether or not its possible depends on the wallet you currently use. The newer versions of blockchain.info no longer allow you to export private keys individually and getting the seed in a way that other wallets understand it seems to be complex at least. You can still maintain the blockchain.info wallet if you no longer use it to receive bitcoin though. Its perfectly fine to use several wallets for different reasons or just to keep your funds separated.


Thank you shorena. Concerning the blockchain.info wallet I found a solution a month ago when I read a thread of the forum with a link about BIP39 Mnemonic Code Converter where I put the passphrase and public keys with their private keys appeared in the screen. So I solved this issue. I asked about how to reuse an address because I don't want the mess. For example, a web wallet, a desktop wallet, a hardware wallet so many passwords and mnemonic codes. Furthermore I want to retain some addresses from previous wallets like the one I have in my profile. Thanks to longbob72 the answer was really simple to follow.
797  Other / Beginners & Help / Re: How to sign a message?! on: December 17, 2016, 12:56:15 AM

 -- snip--

You can use a signed message to prove to someone that you are still the same person as last year. Accounts here are traded often, bitcoin addresses almost never. Its possible though, so its not 100%.

[1] https://bitcointalk.org/index.php?topic=996318.0

I read your post and I wondered the following; even is a stupid question:

I want to change my wallet but I want to keep a particular network address because I had given and I would not like to change it. Certainly, I had read somewhere that Satoshi proposed to not close ever wallets but I would like to know if is possible to "transfer", I mean to make, the same public address from blockchain wallet to another one; say multibit or electrum.


Quote
If you want to reuse an address in another wallet all you need to do is get the private key of the address you want to use and import it to your new wallet.
Thank you

Quote
Not sure where you read that thing about satoshi. I've never heard anything like that.

May be the right word is "delete" and not "close" https://bitcointalk.org/index.php?topic=1029071.msg11126810#msg11126810 and somewhere else now I can't remember.



798  Other / Beginners & Help / Re: How to sign a message?! on: December 17, 2016, 12:09:57 AM

 -- snip--

You can use a signed message to prove to someone that you are still the same person as last year. Accounts here are traded often, bitcoin addresses almost never. Its possible though, so its not 100%.

[1] https://bitcointalk.org/index.php?topic=996318.0

I read your post and I wondered the following; even is a stupid question:

I want to change my wallet but I want to keep a particular network address because I had given and I would not like to change it. Certainly, I had read somewhere that Satoshi proposed to not close ever wallets but I would like to know if is possible to "transfer", I mean to make, the same public address from blockchain wallet to another one; say multibit or electrum.
799  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Conservatism on: December 16, 2016, 11:34:21 PM
The political views are smoothed in front of the mutual interest. The same also applies with the religion. People put aside political views and religious differences when they transact each other and their only goal is the profit. So when money "speaks" people forget their political religious and social perspectives.
800  Economy / Service Discussion / Re: Only Web Blockchain Wallet Is OK, Computer Hardware Wallets Is History on: December 16, 2016, 10:40:40 PM
I would agree with you if the title was "Web Blockchain Wallet Is OK for small amounts" because has some convenient features like a handy menu, an android app except your web wallet and it has a good reputation among new users. I also agree that full node Bitcoin core and armory are not easy for everyday usage and are for more experienced bitcoiners  but there other solutions where there is a fair trade off between security and ease of use, like as Multibit and Electrum. Moreover, if you have many coins price would not be not an issue for you and a hardware wallet would be must.
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