If it were me, I'd probably use both. Download Ian Coleman and Electrum, verify them both, and transfer them to my airgapped computer. Use Ian Coleman to create a seed phrase, make a note of the master public key and the first address, restore the seed phrase in Electrum, and check the first address matches. Yep, I agree, this is the best way to move forward. Before having hardware wallet, this is also what I've done to have the peace of mind everything is correct. for starters it is written in JavaScript and runs inside your browser. it can never be as secure as a stand-alone desktop application such as Electrum that is also written in python. additionally you need more features such as signing transactions when you want to spend coins, etc. so you need to have a wallet anyways. only focusing on one thing (Electrum) is better than having two different software, one to create the mnemonic and another to create the wallet.
besides Electrum mnemonic algorithm is not complicated at all, you can always reproduce it if you needed. and if you want to migrate to another wallet other than Electrum you must always send the coins to a new wallet created by that new software instead of importing the seed into it.
I find this a strange mix-up. You first want to make it easy to install and handle, but later on you seem to forget that not everybody has programming skills. But maybe I missed something. However, Electrum is indeed the easy way to go, but if this seed is used, one may get a huge surprise at a later point if he tries to use something different. So.. I still stick to my point: generate with Ian Coleman's scripts. Then, for checking it out or for easy later us if necessary, yes, Electrum (with imported seed) is the best option (until the user learns about CJ or LN, if ever).
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Is it because the Trump people have given up?
Is it because the Biden people are relaxing after what they think is a win?
One idea would be that the speculators may have used the elections "uncertainty" to play a pump and dump game and now, since the winner was announced, they "sell the news". But I am not convinced that this is the entire story (since the world is bigger than USA) and some buyers just noticed the new opportunity. We'll need more time to be sure what we have here. And week-end markets are sometimes strange/unusual. I had hoped Bitcoin would actually make it to $20,000 this time! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Come on, that was a bit too high expectation ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It'll get there, but we need more patience.
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Download electrum , make sure you verify ~snip~ Create a wallet. ~snip~ Write down the seed in a paper Wasn't Electrum seed work only with Electrum? Why not download Ian Coleman git source code and run that for the seed? ( https://github.com/iancoleman/bip39 ) That will work in Electrum and other current or future HD wallets too.
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please say something will make me feel better dammitt
This being said I won't criticize your choice ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) , you've done that already. Take it as a lesson. An expensive one, maybe, still a lesson. You have to use your mind when trading. You have to follow the basic rules no matter what. And obviously you have to understand that trading means you can lose too, not always gain. Find a good way to minimize the loses and think seriously if trading is for you or holding suits you better.
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I have read enough bad reviews about revo*lut that I decide to not try to use their platform. It's very frustrating get money stuck with no more info, and we are talking about a big amount in your case. btw, you were lucky to get back at least a part of your funds, thanks for share this update after 7 months! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I use Revo for almost 2 years, but I've already learned from other (more or less) similar platform(s) to not keep too much money on them. I've never lost any, but I've read a lot of horror stories on the internet. They do have odd policies you may not read or may not understand, there are a lot of automated operations (AI doing checks) there and very small amount of actual personnel (how else would they keep fees low?) . Obviously this means that when a problem happens they are unresponsive and rather opaque. Of course, I also expect that in many cases the ones crying they've lost money may have telling only half of the story. Clearly I don't want to minimize how bad this is. Instead I want to increase awareness to not keep big money on this kind of platforms. Better safe than sorry. Also, what's the point of keeping money as fiat in the custody of rather shady businesses instead of having Bitcoin in the own private wallet?!
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Instead of the typical recommendations like Electrum, Mycelium, Blockstream Green, BRD, etc? Is it still "risky" at this stage?
I also think that the "risky" at this stage still fits well. Also .. isn't Electrum also offer LN too (I didn't try that though). But when I've read I was thinking "why is he concerned about LN yet and not about privacy wallets?" A thought would be that maybe we should start suggesting wallets like .. Wasabi?
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Although I've installed plenty of Windows (all 95+) and software, I'm neither much of Linux nor hardware guy (played with Mint, Tails, or installed a HDD into a laptop though, but I don't consider that advanced). But I want to get a (cheap!) Raspberry Pi which I want to use primarily as a print server, so I can move the printer away from my desk and maybe also use it from the phone(s). Of course, I may try (extremely seldom) to play around with the Pi since I'll have it (although I'm not so sure about this). So I've read that Pi Zero W is just great for the job. But I need advises, especially because it's all DYI there. Keep in mind that I won't buy from Amazon, Newegg or such, I'll buy from local resellers. Also I don't want to change the existing (Canon G2400) printer and I don't think that I have another good option. And I've looked for things like wavlink usb 2.0 lpr print server, but I've read that they are not reliable. 1. Case I'd like to buy a case for it. Is the white+red case from bottom of this page good, or will I have heating problems and I should go for this open (and transparent) one? I don't like the second option since I expect it to become dust-catcher. 2. Charger A phone charger at 2A should do the job, right? 3. Accessories I've seen that I probably need a USB OTG cable (as adapter for the printer cable), a HDMI to Mini HDMI adapter (in case I want to connect to a display) and a class 10 micro SD card. Do I need anything else? Do aluminum radiators help at all? Or they're anyway useless because of the case? Or do they actually fit in such a case? Or they are for Pi 3 and they're not good for Pi Zero W anyway? 4. Connectors I've seen on the shop's page a lot of other connectors, adapters, whatever. Would I need anything more? I've missed something important? 5. Networking Is Pi Zero W good for the proposed job? I don't have to print too much, still, especially now as the school is also at hope (covid) I still have to print or scan a few pages almost every day. I don't mind if data is transferred slower to the printer, as long as if something is bigger it doesn't get lost. So, am I on the right direction? Any advises for me?
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I mean, imo, this British gambler can still win huge money instead of losing his $5 million.
Exactly. As they say, "it ain't over until the fat lady sings". When the counting ends and the possible following lawsuits are settled, then we'll know the winner. Until then all we have is speculation. I have the feeling Biden wins, not because of the news, instead because of growing despair in Trump's tweets. But that means nothing. Let's wait until it ends.
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There is no reasonable explanation as to why Bitcoin is flying high to $15,600 without referring to the US Elections.
Although I don't deny that elections-related speculation (small pump and dump) may happen, you seem to have "forgotten" the facts that Bitcoin had a block reward halving this year and historically after halving a FOMO bubble has started (sooner or later). Also you have forgotten about PayPal. Also you may have forgotten than this world is bigger than USA. So there are plenty of valid reasons for the pump, not only "the" elections.
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since BTC is not remained too much, some people say it may even reach $100k!! in this manner, do you think it is worth the risk to buy bitcoin?
There's a good chance it'll reach high (or very high) values. But nobody knows when. And in between time it can also fall big and stay low for long periods of time. Keep in mind that some bought Bitcoin in 2017 at almost 20k USD and Bitcoin has fallen during the next year to some 3k USD levels. This can be a problem for many. Bitcoin will probably get to very high prices, but the road til there may be easy or may be tough. So it's up to you if you consider worth it. You should invest money you are not afraid to lose or keep locked for very long periods of time.
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This is not simple for people like me that don't have any background on programming.
That's correct. And I think that the easy solution is to use Timelock feature in Electrum, which is available on the advanced tab at/"after" sending. The initial purpose is slightly different, but this thread shows how to use Timelock in Electrum: [Tutorial] Making your crypto inheritiblePS. Obviously I recommend trying it out for free on Testnet ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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I would look into the console of Bitcoin core. And I would start with listunspent to see where I still have funds. Then I would continue with dumpprivkey or if there are more addresses then dumpwalletGood luck, you'll need it! (Also you could check on block explorer some known addresses to check if you indeed have money there.) Somehow I think that something is corrupted and even listunspent may show nothing. But maybe, just maybe at least dumpprivkey would work.
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Does siezed mean someone was arrested and forced to give them control of a wallet?
The only way to have the control of Bitcoin funds is to have (exclusive) ownership of wallet's private keys. So yes, this means people got arrested, their computers seized and the coin owners were convinced (heh..) to give out the information to access the coins (wallet password, private keys, whatever).
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Browser miners are most probably CPU miners. Afaik there's no longer profitability in CPU mining, hence it's no use to have any longer browser miners. Also since browser mining was used to mine on others' computers, many browsers have developed countermeasures, so even if you find one there's quite a chance it won't work. So yes, the best answer is "none".
PS. Afaik the closest-to-ok CPU mining algo may still be RandomX or whatever Monero has. PPS. There are also coins advertised as CPU-only (like Hacash) but some are so young you can't sell them so I've considered them as "mining for free". (Keep in mind that for mining one pays for electricity at least).
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Slow down from the last stimulus check or slow down in general over a four year period? Whoever wins this damn election has no way out of it, they will need to print more, even if it's for a short term, there is currently no way out of it, let's not even talk about the promises, if he plans on keeping those there goes another 3 trillion package in the first year.
They will indeed have to print a lot more, but I expect to happen at somewhat slower rate than in the last ... let's say 6 months. Before the elections all politicians (and especially the populist ones) are overly generous with the country's money ("like there's no tomorrow"). After elections (and after the "investors" are also payed, of course), they do a bit of thinking before throwing the money. This doesn't mean that they will stop funding everything. Just they may be a bit more cautious. (I hope that I answered the question.)
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I guess you should have read the whole blog post as clearly Wasabi Wallet 2.0 is not there yet! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) You've beaten me to it. But I've written my own words instead of pasting from the blog ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ( maybe you should quote it) The fact the title is "announcement" is a bit tricky imho (pre-ann would have been better). But the fact the UI "image" is a mock-up should have been the first clue. And yes, missing the ETA part is.. well, funny ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Do you expect cryptocurrencies to be volatile following the U.S. election?
Bitcoin had quite a growth lately and a correction is possible. Also on long term, US money printing may slow down a little. But the world is not only US of A and the overall the effect should not be that big and the current overall (upward) trend should be maintained. However, wasn't Bitcoin price always volatile? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Why do you think this is and do you believe that it will change?
Bitcoin price is still "unstable". It produces big ups and downs. Some don't want this; they want it "slow and steady", like, for example, gold. Bitcoin was "advertised" by central banks as high risk. Some don't want that in their portfolio because it can cause reputation issues. Bitcoin is not only going up, it goes down too. Remember the (363) days when it has fallen from nearly 20k to just over 3k? Also the market is not properly regulated, making them over-cautious. But in time all this will change. The volatility will be reduced after a while, with every new (regulated) company joining the game the things will get in the way they expect to be and will convince more to join. This will be good for the price and probably bad for us as individuals and possibly also bad for Bitcoin as philosophy.
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This should be a very good period for buying Bitcoin. Halving has passed, a FOMO bubble is kinda expected, the price is on the rise, PayPal came with good news... Still Bitcoin is a risky investment and overall anything can happen. Sudden ups and downs are part of Bitcoin markets.
This being said if OP is unsure about "when to buy", maybe he can invest smaller amounts over longer period of time ("dollar-cost averaging").
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There's more shadiness to this than just the referral links. Take a few minutes and take a look at their website (hex.com).
I don't have to. There were plenty of signals on how shady the HEX project is from the days it was launched. Although it's not proven to be scam or not, I know (for myself) it's just a scheme. My point was that the signature wearers may actually not get paid at all. And @SiNeReiNZzz point is also very good: they may actually get tagged too. Especially in the altcoins area people still join bounties head first. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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