You're not missing anything, and that's my point.
Should CSW finally produce a signed message from the genesis block public key, then there is one of three possibilities - he has broken the ECDLP, he is Satoshi, or he has stumbled across or stolen one of Satoshi's key. Of those three possibilities, the first is essentially impossible, the second is only marginally more likely than the first, and the last is exponentially more likely than the other two.
The question is, if he really was satoshi, why would he create such a bad image around him. I mean why make everyone believe he is a scammer? And I personally believe that CSW is a complete fraud. The real satoshi never seeked recognition. He didn't want to be known. And he was hiding in an astonishing way, that requires lots of experience in Privacy and Cryptography. Someone who used cryptography to hide that well, how can he be unable to use cryptography to re-appear? |
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Disagree. Signing a message from an early Satoshi-linked private key is necessary but not sufficient to prove you are Satoshi. That is to say, anyone who can't sign a message (such as CSW) can be ignored, but even if someone can sign a message it does not prove they are Satoshi. Signing a message would be enough to start a wider discussion and examination of the individual in question to see if they have the same knowledge, ability, ethics, etc., as Satoshi did (which CSW has none of).
Even if CSW managed to sign a message today, I still wouldn't think he is Satoshi, given the years of proven lies, forgeries, fraud, basic technical incompetence, contradictions, and outright stupidity. It would be far more likely he had somehow stumbled upon or stolen a private key.
Even though I believe he is not Satoshi, how would it be possible to sign a message without being satoshi? The only way I can think is that he "somehow" obtained the private key. Is there anything I am missing here? |
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Really?! How much new hardware wallets do we really need, because we already have around 100 different models I think  Bitkey wallet has nothing to do with decentralization, on contrary, and I can't look positive on every new crap that comes out in market, that is not normal behavior. Hey man. I understand your point, but why is it bad to introduce new options to the market? Apparently, if the arguments you posted are true, we will just not use it. I mean isn't it that simple? Perhaps you worry because new bitcoin holders may get caught in traps and don't learn the best practices. And this is acceptable, but a free market allows anyone to create a new idea, the future of which may be good or bad |
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Thanks mate. I would be very glad if you could guide me to the proper thread with the merit requirements for each level. |
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@apogio if i were you, i would think about buying the new bitaxeUltra miner, which has the bm1366 chip integrated (like the s19xp). at 500gh/s and a power consumption of ~15watt, it would definitely be worth considering.
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Brilliant! That's definitely a good choice for a noob like me. I will check the thread to figure out which parts I need to buy to assemble the miner at home. Thanks |
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Thanks for your response.
Opting for a 2-of-3 multisig scheme undoubtedly enhances sustainability. Nevertheless, introducing the third co-signer into the tutorial to explain this arrangement would result in additional entries (the number varying based on the type of additional co-signer), potentially elongating the tutorial unnecessarily.
In my view, the existing steps in the tutorial provide a comprehensive understanding of setting up a multisig wallet in any configuration. Therefore, if you lean towards a 2-of-3 multisig wallet, Sparrow offers an array of options across different wallet types to incorporate the third co-signer seamlessly.
Ok, you are right. Thanks for the tutorial, as I said, it is very helpful and well written. In fact you include both the options to add a hot cosigner and a cold cosigner which is all someone needs. |
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So I agree that being closed source is not optimal.
I also agree that anything internet for a hardware wallet is bad. This server side address verification that was mentioned above feels bad.
Finally I agree that producing a hardware wallet alongside a companion app doesn't necessarily mean it's better than other ones that don't have a companion app with the same brand.
However, feel free to laugh at me, but I am in love with the design. Having no monitor though... Feels awkward.
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My thought is they will go for airgapped transactions. Personally I have a trezor model one and even though I think it's safe, I don't like the fact that I have to plug in a usb cable. Also, it may be bitcoin only (not as a separate option which is also available for models One and T)
The name is gonna be Trezor Z
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the electricity bill goes up, of course, but what don't you do to (as FP91G already wrote) understand mining yourself with your own self-configured minig-rig - the whole thing gives you so much new experience, you can hardly believe it and as for equipment i currently have 2x r909 miners and 6x gekko f sticks running - the whole thing is currently generating ~6.9 th/s and my bestshare is 77g  I 've been thinking of doing the same. Thanks, I will, at some point, purchase some gekko f usb sticks to start. I will obviously mine solo. And you never know! Perhaps I get ultra lucky. But in case I don't get lucky (which is almost certain, no harm done. |
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If you use USB miners, then the miners write that they consume no more than 10-15 dollars per year and an increase in the bill per month by 1 dollar will not be very noticeable. But another problem for these miners is that not all pools support such devices with low hashrate and you are unlikely to catch a block solo. But you will have a great time setting up the equipment and with experience you will tell how you mined bitcoins.
Thanks mate. I ve been thinking of it more like a lottery actually. Something like a "set it and forget it" thing running at home. And if by any luck I hit a block, then I will never forget it in my life. I thought about running some Gekkoscience USBs that reach 400GH/s. Have you tried it? |
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I don't think the average price of UTXO coins is going to be acepted for tax purposes. They usually use the invoices and documents from the exchanges to verify at what price the Bitcoin was bought and sold. So if you bought BTC @ $30000 last year, and more BTC @ $25000 a few months ago, and the price goes up to $27000 or something, then they just look at the dollar value of the coins you bought at those particular times.
And they also look at the dollar value of the coins you're selling, and if it's greater than the amount you bought, that's when capital gains tax kicks in.
But what if you don't use exchanges? I mean, personally I have stopped using exchanges, but I keep buying Bitcoin P2P. Let's assume that I wanted to declare capital gains, how else would I do it? There is no way |
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Imagine that even I, that I am very suspicious, didn't notice that. OP, you must be extremely careful and please, use the software that the other users suggested. |
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Oh my god! I just saw this. Did you send a post request with your seed words to this website? Safepal is a cryptocurrency company. Just remember you must NEVER share your seed phrase with ANYONE, not even your closest relatives or friends. And you just created a script to send the words to a random website. If you have done this, change wallet ASAP. |
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i personally run my mining farm with ~6.5 th/s and hope for luck  Kinda old thread, but... I 've been thinking of doing the same, but I wanted to ask, have you seen a significant increase on your power bill? I assume that you must be using R909 or Gekkoscience USB miners. If anything else, I 'd like it if you wanted to share your experience. |
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this will sound crazy
and maybe the Legendary ranks will start make jokes as they always do
but i need 30 BTC ASAP in 1 week they will get back 31BTC
If u cant just dont reply
its for some deal i need to do
i have this money in the bank but dont have it as BTC
i can send this amount in paypal as assurance ( in return u pay the fee )
and of course people will say to buy BTC but i cant do it in few days cuz theres a limit for how much i can buy daily !! so 1 week i will reach 31BTC using other services but atm i need i have only 72 hours for this offer
after that you can assume this post not actual
Thank you
and thats why i was waiting for the stupidity of these legendary !!
didnt i said if u cant then dont reply ?
plus i dont need 30BTC i was testing how this forum IQ and all the legendary had -1
thank you all i got all i need already
It's not only the legendaries. We, the full members, are equally stupid. You already know that, but if you don't, PayPal is reversible, so you can send me the money and then revert the order How about this, go scam somewhere else, ok? Cheers |
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Bitcoin works differently than Ethereum. In Bitcoin there are UTXOs. You can imagine them as dollar bills. So, if in year 1 you buy 1 BTC and send it to your wallet, there will be 1 UTXO of 1 BTC in your wallet. If in year 2 you buy 1 BTC and send it to your wallet, there will be 1 more UTXO of 1 BTC in your wallet. ... ... ... If in year N you buy 1 BTC and send it to your wallet, there will be 1 more UTXO of 1 BTC in your wallet. So, if in year N+1 you decide to sell, you can decide which UTXO you want to sell. You can also sell a fraction of the UTXO, or combine multiple UTXOs and sell them. I don't know how it works with accounting but that's how it works with Bitcoin. If you know your UTXOs and also know the prices at which you bought them, you basically know which BTC you sell at every time, provided that you have a self custody wallet with coin-control ability. If you keep your Bitcoin in exchanges, then it's a whole other story and you should WITHDRAW YOUR BITCOIN FROM EXCHANGES  |
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While watching old episodes of Home Improvement, I got another (even crazier) idea: store bits in your garden fence: You need 256 bits, so you'll need 257 planks. Starting from the left, going up is 1 and going down is 0. The above image would read 11110000  Unless you're Wilson, in that case it reads 00001111. You can easily create a backup by taking some family pictures in the garden. Who's going to notice? And who's going to look for patters that could be seed phrases everywhere now? Haha, so now I need to buy a house with a garden. And I thought bitcoin was easy. |
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Of course, intention does matter. If a legitimate buyer wants to purchase Bitcoin legitimately, what he'll receive anyways, of course he is entitled to request this sort of information.
When you go to the groceries and pay with cash and get the change, do you ask the seller where they got the change from? When you buy jewelery, do you also care about the origins of what you buy, or only about the materials that are used and the jewel itself? I guess the latter. In bitcoin, the "material" is protected by bitcoin itself, assuming there are enough confirmations in the network. So, why bother about the former? If I get any amount of Bitcoin, I just do some coinjoins and then, everything works perfectly! |
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