Bitcoin Forum
July 16, 2024, 05:46:57 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 [410] 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 ... 839 »
8181  Bitcoin / Press / Re: [2020-11-18] Bitcoin price surged up to $82,000 for a brief moment on Binance on: November 19, 2020, 05:59:36 AM
I guess that if somebody types 82000 instead of 18000 kinda deserves his fate. I mean, when one works with money, he should double check.
Well, after such a costly trade, I am sure that next time he will... if there will be a next time.
8182  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin always remain an investment vehicle? on: November 18, 2020, 12:34:46 PM
I start to believe it'll remain primarily an investment vehicle.
LN should have made it a coin for everyday payments, but I think that its version "for everybody" will be available too late. And by too late I mean that since the institutional investors are also in, by the time it should be use for everyday payments it'll have quite a "lack of liquidity" (even knowing that it has 8 digits after the decimal point, this could be an issue, for example when banks will buy it to replace gold)
8183  Other / Beginners & Help / Re: Now or wait? on: November 18, 2020, 11:27:32 AM
With the current market state, if you want to invest in bitcoin. I'd... wait for a day or two before investing £500. I'm saying this because Bitcoin is now at $18,198, and that is it's new monthly ATH. It's likely there will be a small dip back to the $17K range so I suggest buying that one if you are lucky to make it there.

Another approach could be to buy multiple smaller amounts in different (sparse) days, so you're kinda covered whether it'll go down or move further up ("dollar-cost averaging").
Just you'll have to be careful the fees don't get too high if you go in this direction (eg. you better deposit larger amounts to exchanges and then from those amounts you buy multiple times; of course this doesn't work if you buy with card).
8184  Economy / Speculation / Re: Whats causing the re rise of BTC? on: November 18, 2020, 10:15:47 AM
* The governments (US and others too) are printing money, causing inflation.
* The companies started to trust Bitcoin and invest huge funds into it.
* There was a block reward halving, hence miners earn less coins, hence they have less coins to sell.

I've also made not long ago a topic about some interesting numbers: https://bitcointalk.org/index.php?topic=5290241
8185  Economy / Service Discussion / Re: Preev.com stopped their Service ? on: November 18, 2020, 09:53:06 AM
Just came here to say the same. How am I meant to find out the price of bitcoin now?  Huh

I guess that you are joking, but if you aren't, here's one of the many alternatives: https://mycryptobuddy.com/CurrencyConverter
However, I hope it's only temporarily down (yes it's also down for me too). It was an amazingly simple and useful page.
8186  Bitcoin / Wallet software / Re: Please critique my paper-wallet creation steps on: November 18, 2020, 09:35:20 AM
that is mainly my dislike of JavaScript as a programming language and usage of browsers when you deal with RNGs to generate the entropy for your seed phrase.

I can understand that. I wish to see this implemented in a proper application with signature to be checked to avoid surprises. I wish that at some point Electrum would offer the choice between their mnemonic and BIP39 one.
But for now we have to live with what we have. Electrum is a great piece of software, but one has to be aware of its minuses too and adjust if necessary.
8187  Bitcoin / Wallet software / Re: Please critique my paper-wallet creation steps on: November 18, 2020, 06:11:33 AM
it is unclear what you mean by "convert".

By your very own words, "it is very easy to ask the community to create a very simple tool with less than 20 lines of code (hence easy to review) to convert the Electrum mnemonic to an extended private key (xprv)".


as for the web tool (Coleman's) i wouldn't suggest it for cold storage, i prefer desktop apps written in any language other than JS that don't rely on my browser to run.

Since OP topic is about paper wallet and not cold storage, a proper mnemonic seed is advisable, whether it's made by compiled code or in-browser JS.
And after having a proper mnemonic seed, OP can continue with Electrum (or even use it as cold storage).
8188  Bitcoin / Wallet software / Re: Please critique my paper-wallet creation steps on: November 17, 2020, 10:11:09 AM
1) Boot into Linux non-persistent Live USB (or CD). Preferably from a non-writable CD (or DVD).

2) Install Electrum.

The setup is not bad at all, but you asked us to criticize, so here I am  Cheesy

It may worth mentioning that a Tails OS USB stick has all you need, including Electrum already installed.
It may also worth reminding that Electrum seed works only in Electrum (HCP already wrote: "not BIP39 compatible"). I was told it's easy to convert to something else, but for long term storage, it could be a good idea generating the seed in Ian Coleman's tool and then verify with Electrum.
8189  Alternate cryptocurrencies / Altcoin Discussion / Re: A + use case we never had yet on: November 17, 2020, 08:11:03 AM
What are developers waiting for?

Heh, you've got it wrong. In-wallet POS was the first kind of POS. The history shows it was a failure, hence the developers moved on for something they've considered it could be better.

I remember MagiCoin had in-wallet POS (and also CPU mining). I don't know how active/alive it still is, still it can be something to read if you have the time and mood. Basically it started good, but the price kept falling, the volumes kept also falling, then the bigger exchanges delisted them, then the prices have fallen even more...
It was a coin I liked. It was also a coin that made me understand that in-wallet POS is not a good idea (and neither CPU mining).
8190  Alternate cryptocurrencies / Altcoin Discussion / Re: Looking for a tokens portfolio/monitoring tool. on: November 17, 2020, 08:01:04 AM
I want to insert a few Eth addresses and have a list with all the tokens with current prices.

If just opening a web page is good enough for you, I'd say: ethplorer.io
Basically you bookmark an URL like https://ethplorer.io/address/0xwhatever and you're good to go.
I like it by far more than etherscan for this job, although I've never checked carefully how accurate the displayed prices are.
8191  Economy / Speculation / 11 BTC in vs 328 BTC out ... per hour? Impressive! on: November 17, 2020, 07:34:12 AM
I've just read this on twitter. I don't know if it's accurate, but ... it looks impressive. It looks like the price is bound to rise and rise.
Still, who is still selling?! I mean that I expect even the miners would start stashing...

However, keep in mind that this is not a trading advice; keep in mind that I don't even know if the data is accurate.

Since #Bitcoin was at $11.4k a month ago, miners have been selling an average 11 BTC per hr at exchanges.

In comparison 214 BTC per hr has been scooped off exchanges. This is net flows of buyers over sellers.

This week's average is 328 BTC per hr.

(@glassnode data)
8192  Local / Română (Romanian) / Re: Guvernul vine! ANAF si DIICOT ii urmaresc pe traderi on: November 17, 2020, 06:50:48 AM
Legea 39/2019 este cea care explica impozitarea. Mai precis:

Multumesc, dar asta stiam. Nelamurirea mea este pe partea de plata directa cu crypto. Si aici sunt de acord cu Kevin: nu este clar acoperiata si lasa loc la interpretari. Nu este OK, dar cam asa-s legile pe la noi.

Daca am ales plata cu Bitcoin si statul analizeaza compania PCGarage, am dubii referitoare la ideea ca statul nu va sti ca am platit cu BTC.

Clar ca statuls va sti. Si e o informatie pe care poate ca o va folosi.
Dar am dubii ca ii va pasa prea mult, cel putin in prima faza. Nu cred ca multi arunca Bitcoin pe iPhone12, S20 sau alt asemenea gunoi la suprapret. Si atunci sumele sunt relativ mici, pot chiar sa stea sub limita aceea de ne-impozitare.
Asta inseamna mult de lucru fara sa fie clar ca prind pe cineva. Si au suficient de multi mari evazionisti de care sa le pese.
Bineinteles, cand cineva va sari calul, banuiesc ca nu va avea cum sa scape.
8193  Bitcoin / Press / Re: [2015-11-15] What We’re Getting Wrong About Druckenmiller and Bitcoin on: November 16, 2020, 03:46:41 PM
Isn't that just a lengthy way of saying he likes it because it's volatile? 

I think that what's he's saying is that with capped max quantity and increasing number of investors/hoarders the price of Bitcoin can only go up fast. And it also has quite a good history of updates, hence it's stable and mature enough.
I think that he's holding, not actually day-trading, hence the daily volatility doesn't matter much.
8194  Bitcoin / Bitcoin Discussion / Re: Grayscale keeps buying bitcoin. on: November 16, 2020, 12:47:26 PM
As they say now, keep calm and buy Bitcoin Grin
We should all do the same instead of running around in circles and listen to all the noise.

And as others said, 51% attack is ... something else than OP thinks. Like apples and oranges...
Satoshi clearly didn't mention about crypto-fiat markets manipulation since his vision was to use crypto directly for buying ... everything.
8195  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Brave Browser The Newest Favorite Among All Browser on: November 16, 2020, 12:43:07 PM
But a new player, Brave browser is now starting to dominate the industry, Brave browser is a crypto-friendly browser according to reports.

Brave has already shown that it's creators are friendly only to their own pockets.
Before advertising it you'd better read threads like

..and I'm sure you can find more if you search.
8196  Local / Română (Romanian) / Re: Guvernul vine! ANAF si DIICOT ii urmaresc pe traderi on: November 16, 2020, 12:08:27 PM
Daca platesti cu crypto nu ai de achitat niciun impozit, intrucat - conform legii - nu ai obtinut niciun profit banesc. Statul roman nu recunoaste criptomoneda ca valuta, de aceea nu impoziteaza tranzactiile din crypto in crypto, ci doar cele din crypto in fiat.

Eu doar sper ca este asa.  Cheesy
Oricum, multumesc. Si cred ca acesta este raspunsul la intreabarea lui @ILoveMoney2018


PS. Ideea e ca asa poti "ascunde" profitul.
8197  Local / Română (Romanian) / Re: Guvernul vine! ANAF si DIICOT ii urmaresc pe traderi on: November 16, 2020, 11:52:38 AM
Pentru a cumpara masina sau apartamentul vei fi nevoit sa preschimbi criptomonedele in bani fiat.

Este un pic cu cantec. Adica intrebarea este un pic prost pusa, dar poate fi pertinenta.

Cel putin in 2017 exista o firma in Ro care vindea apartamente direct pentru BTC.
Exista cativa dealeri auto care accepta Bitcoin.
Daca iti cumperi ceva de la PCGarage, o poti face direct cu Bitcoin.

Eu unul nu stiu clar daca si cum se face impozitarea in aceste cazuri.
8198  Bitcoin / Bitcoin Discussion / Re: PayPals Bitcoin is a scam on: November 16, 2020, 11:48:13 AM
while "buy Bitcoin on PayPal" is a scam at best , and could be something more sinister at worst

We'll have to wait and see.
PayPal is working indeed with IOUs now (like Revolut does and I've didn't see such loud complains). But they have plans to connect with an exchange service and then I think that proper deposits and withdrawals will be possible.
However, PayPal doesn't seem to intend to ever use actual Bitcoin. But as long as a third party will do that on behalf of PayPal it should be fine, I think. If they won't do this even though a third party, then yes, we'll have a problem.
8199  Other / Off-topic / Re: How To Know When You Created Your Gmail Account on: November 16, 2020, 09:39:28 AM
the safest prevention for you to avoid account loss is linking a new gmail account to your main email account

Actually I think that the safest is to link it to the work or school e-mail and maybe the phone number too although it can be seen as a privacy issue (actually if you already use Google services it doesn't matter much anymore).

The phone number will work in another phone. The work or school e-mail can be unlocked by the appropriate administrator. In both cases a proper recovery is at hand.
I think that linking to another Google account for this may only give the illusion of safety. Of course, it depends on how the secondary mail account is used and backed up.
8200  Economy / Trading Discussion / Re: Volatility determined by percentage of traders vs hodlers? on: November 16, 2020, 07:00:08 AM
I'd make it simpler and make the relationship only by the amount of Bitcoin the traders have. The number of traders is not so much relevant.
And it's hard to quantify, since I expect that many traders may have amounts (bigger than 1 BTC!) kept in exchanges' cold wallets for more than one year.
Pages: « 1 ... 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 [410] 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 ... 839 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!