Hey guys, what presents will you buy for Christmas from your bitcoin profit?
Although I am earning some Bitcoin here and there, I try nowadays to spend as small amounts as possible; I hope that this will pay off big time somewhere in the next year(s). However, since my son's tablet's charging is basically dead and since that tablet is from the days of Android 4.*, I've ordered for Black Friday a new tablet which he will find under the tree. I've used Binance's (virtual) card, I was not able to buy directly with Bitcoin this time... |
|
|
|
From what I've read they have a server that does this for a small fee. I'll quote the relevant part from the doc, but I think that you should read it all from bitcoin wiki: https://en.bitcoin.it/wiki/Wasabi_WalletAlso from what I've read on that same page, Wasabi uses ToR. I don't know how Joinmarket works, there I can't help. Users' wallets connect to a server which coordinates the CoinJoin, that is run by the zkSNACKs Ltd. company. The company sponsors the development of Wasabi Wallet and makes its income by taking a fee (0.003% * anonymity set) from each CoinJoin transaction. |
|
|
|
|
In case anyone is interested, today, as the last day of Black Friday promotion, Ledger has 45% discount instead of 40%. I just got e-mail about this.
The promo code to be used is: BFLASTDAY
PS. I know that ledger is not perfect, but I have one Nano S and I'm pretty much satisfied with the product.
|
|
|
|
How much of a BTC address do you need to verify is correct before making a send?
The best practice I know is to check not only the start and end, which are vulnerable to vanity generators, instead also check something from random position in the middle. I usually pick some sequence I find easy to remember, 4-5 characters in the middle. I find that more important than checking the start and the end. You'd have to be extremely unlucky to find a hacker that impersonates the start, the end and also exactly the sequence you've picked from the middle... |
|
|
|
Are there any other tools or techniques one should have in entire privacy toolkit knowledge other than the three I mentioned?
The most important privacy tool is not mixers and so on. The most important privacy tool is yourself. This includes the way you are using the wallet and change addresses. This includes the way you give or not KYC info. This includes how easy can your address(es) get linked to your forum account, the social media accounts and then to your real name. This includes even the things you may buy for crypto or related to crypto and get delivered to your own home. And yes, of course, the tools you mentioned.  |
|
|
|
Guys, I have used the "import paper wallet" feature on Dogechain.info and 'swept' my wallet. The transaction does show up on dogechain.info block explorer, but almost a full day passed and still got no confirmations. Do you know what could be the problem? Note that when I try to import the paper wallet using the private key again - it says this address has zero balance.
I don't know how reputable is dogechain, but for any transaction on any chain you have to do the same: get the source wallet address, check the last output on a/another block explorer (like https://sochain.com/DOGE ), see if the transaction is confirmed and maybe also where it went to. If it's confirmed you'll probably have to discuss with their support. |
|
|
|
This is great topic but seems not to be updated frequently. I used to follow two other topics in the "Altcoin Discussion" section: 1) list of bounties good quality (new update 21_11_2020): It's a great lsit made by user lvsca but it's not mentioned how he spot those bounties as good quality. By checking his list, i guess he chose them depends on bounty manager. Users cn also suggest adding the bounties they think are good. 2) Overview List of Exchangeable Bounty Campaign: Made by user Akiko, the topic collect bounties in the altcoin section which pay with exchangeble tokens. This topic is so good for hunters who don't want to lose their efforts anymore. Indeed, it was a surprise for me it was not updated lately. And thank you for the links. Interesting enough, meanwhile that thread I've posted also got updated. You cannot blame people for getting busy from time to time. It's not easy to maintain such a thread. So now there are 3 good sources of information. Even better! |
|
|
|
|
PoS (LPoS, DPoS, BPoS, HPoS, ...) are considered mining. You have to invest though.
HDD mining (Burst, Storj, Sia, ...) are using HDD capacity.
Bandwidth mining (Nimiq) need fast internet.
However, I don't think that any of these is actually profitable, but you have to do your own research.
PoW usually creates heat. PoW usually needs big processing power. If you have the power, in some cases you can do adjustments to keep the heat under control.
Still, for laptops the heat is only one of the problems. Running them 24/7 may be another problem which can shorten their life span.
Mining is nowadays a business. And in order to run a business successfully you do need to invest.
|
|
|
|
Anybody encountered problems with the multidoge wallet recently? I have recently downloaded the latest version of multidoge and imported my old wallet. The wallet is fully synced, I have made a transaction but it has only been seen by 1 peer and there are already a few hours since I've sent the transaction. If it is any useful I've paid 3 DOGE as fee. Would appreciate any kind of help from the community.  Last time I did Dogecoin transactions from my own wallet I was told to use the official client instead of Multidoge. That was about 2 years ago iirc. Multidoge last release was in January 2016, so I think that you better stat again by trying to work with a different client... Also an idea would be to also ask on Dogecoin Reddit, the community is usually more active there than here. |
|
|
|
I love to see Ethereum supporters complain about others discussing of "Ethereum overthrown", when also Ethereum supporters (doesn't matter much to me if the same or others) discuss about Ethereum taking Bitcoin's place.  Now really, be proud that this kind of discussions come up. It mean that the coin you are supporting has the success many other wish for. We all know that "leaders" of the "branches" in crypto coins are difficult near to impossible to get overthrown. So relax and enjoy the actual success. |
|
|
|
If the value of the bitcoins being mined is X, then the value of the energy used to mine them will approach X, regardless of the difficulty or the cost of the energy. I agree that the price will probably have to be much higher because people will probably value other things (like food).
But, that also means that everything will become more expensive because you would have compete with miners for the energy to produce other things.
How would you determine that price?
With Bitcoin price rising (and falling) in cycles, there will be moments miners go out of business. It has happened before too (in 2015, I think). All in all I expect that starting with some point there will be a balance between miners, bitcoin price and electricity (consumption and price) and the chance will be bigger that miners shut down than Bitcoin price rise more. The price will be decided by free market, more or less. Food and important things may have special prices decided by the governments. |
|
|
|
|
While the bulls (and myself) will tell loudly: "buy the dip!", the bears may remind you that Bitcoin just had a 3 years long "dip".
So whoever reads this, use your brain and invest or not based on your own decisions, no matter what me or others say.
Feelings, FOMO and such should not be there when one decides to buy (or sell!).
|
|
|
|
How much time takes to complete a bitcoin transaction in binance? I am new in Crypto and buy bitcoin but after 30 minutes, I did not receive anything in my wallet  OP, are you asking about deposit/withdrawal or the actual trade? If I understood correctly you may be asking about the actual trade and then maybe your order was not filled. Binance is only matching sellers and buyers and maybe you were offering a price that's too low now because of market fluctuation. Or, maybe your order was filled and the coins are at Binance and you are expecting them in your wallet? Then you have to withdraw (but 5$ worth of Bitcoin is too small amount for that). However, you may have to explain better what you've done there and what you are expecting if you want proper answers... |
|
|
|
|
The difficulty increases steadily. This means that some of the electricity may be needed to create new miner hardware.
Also not all the electricity in the world is sold at 0.10/kWh and the supply vs demand will kick into action big time when Bitcoin mining will want to take over electricity which is not surplus.
So imho in order to "eat the world" Bitcoin will have to become much more expensive than in your calculations.
|
|
|
|
Or UP soon-ish
More likely. 2017 started with 1000$-ish price while previous ATH was 1200. Now the previous ATH is almost 20k and we have already reached 19k. I expect January start at well over 19k too, which may not give it too much time for falling. |
|
|
|
I have both, Bitcoin Core as well as Electrum, because I have one on my PC and one on my mobile, but both using the same ...... ermmmm what would that be? ..... same wallet, same address, same private key, same seed ..... hope you know what I mean.
Makes me wonder how that seed could recreate addresses that weren't there at the time the seed was created.
Well, newer Bitcoin Core is also HD wallet (works internally with all addresses based on a seed) just doesn't "publish" it like Electrum. (maybe this post could enlighten you: https://bitcointalk.org/index.php?topic=5215266.msg53539363#msg53539363) However, it's possible to get the same into both, but what I wrote was the recommended way to backup both. I am not sure what you have done to have same addresses in both and I would not make too many assumptions since I may go in a wrong direction. The easiest to have "same in both" is to import one private key. But then one of the wallets (the second) will have only one address (ever), no change addresses and such. |
|
|
|
Eh, I don't know about that. Coca-Cola has been the #1 soft drink in the world for decades, and they still spend an enormous amount of money on advertising--and the same holds true for a lot of companies at the top of their game. Word of mouth advertising is great for any business but I think Ledger might benefit from a little bit of traditional advertising.
I don't agree about it. Everyone knows Coca Cola, but they still spend millions for advertising. While crypto is more specific thing. Many newbies start to use Bitcoin each day, and they are potential buyers of hardware wallets. So, I'm actulaly surprised that Ledger don't use Bitcointalk for communication and advertising.
As I wrote, here on Bitcointalk they get plenty of free advertising from actual owners, so there's not much of a reason to invest money in that. Of course, it would be nice to see Trezor, Ledger and others' banners in signatures, but that would mean more that they respect the community and give something back, not so much increasing awareness and such, so it may not be so useful economically. And I would really not compare Ledger with Coca Cola (ants vs giants). Of course, that's my opinion and it's normal to also exist people with different opinions; no biggie. |
|
|
|
Just one follow up question: If I reinstall my PC and ...... um "forget" to save my wallet file, meaning I have to restore my wallet through "importprivkey", will I have to have all the private keys of all the change addresses or do all the change addresses use the same private key?
Nope. One private key is for one address. The change address will have a different private key. That's why the actual wallet has to be backed up if you use Bitcoin Core for example. If you use a HD wallet instead (like Electrum), then you'll have to keep safe a mnemonic seed (12-24 words) and all the addresses in the wallet (including the change addresses) can be re-created from that seed. |
|
|
|
|
Show Posts
