Bitcoin Forum
May 25, 2024, 02:43:41 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 [48] 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 ... 381 »
941  Other / Beginners & Help / Re: Recommendations needed for switching to privacy-friendly mobile OS on: August 19, 2023, 03:59:28 PM
You can also consider /e/OS, It is an open-sourced version of Android with No Google apps so you can have the privacy you wanted.

Importantly, Google Services have been replaced by microG, it means you can install your favorite apps too.

Github: https://github.com/e-foundation
Website: https://e.foundation/e-os/?ref=itsfoss.com
Supported device: https://doc.e.foundation/devices

And really, do You want to install Instagram on a private device? I think you should avoid installing any apps from Google and Facebook because you never know how much deeper they are into tracking our data.


Those apps or sites like Instagram and Facebook messenger have nothing to do with privacy.
Really? Both these apps have access to your device's camera, file manager, and microphone so it's like a spy app that is monitoring all the users 24/7.
942  Economy / Exchanges / Re: What's the best instant exchange for BTC to XMR on: August 19, 2023, 12:33:07 PM
You'll see rates differ in swappers. When you're exchanging you're looking for top rates but what else's important before sending to instant swappers. Which instant swappers are you recommending?


I will not recommend you to go with instant swap exchange since you are looking for privacy so better try using p2p exchanges which will have better deals than swap exchanges and also have no KYC platforms too.

You can check LocalMonero which has enough liquidity to convert a decent amount of BTC to XMR.
943  Other / Beginners & Help / Re: Factor behind the rise and fall of Bitcoin price on: August 19, 2023, 09:57:16 AM
There is a dedicated board called Speculation, which explores what is affecting the price of bitcoin from time to time based on different aspects.

In general
Quote
the factors behind the rise and fall of Bitcoin's price:

Market Sentiment
Supply and Demand Dynamics
Institutional Adoption
Regulatory News
Technological Developments
Macroeconomic Factors
Market Manipulation
Media Coverage
Technological Challenges
Market Liquidity
External Events






944  Bitcoin / Wallet software / Re: Multi-sig, Non-Custodial Wallet on: August 19, 2023, 08:04:57 AM

Also, I would like if anyone can provide the step-by-step instructions (any link to guide)  on setting up a Multi-Sig wallet.

unofficial guide Creating a multisig wallet

I want you to know that managing a multi-signature wallet is complex compared to the hardware wallet but in case if someone can't afford HW then they can use Multi-signature wallets for enhanced security which mitigates the risk of losing your funds due to single point for failures like compromised device or exposed private keys.
945  Other / Beginners & Help / Re: suspicious transaction from a cold wallet to cold wallet on: August 18, 2023, 04:45:07 PM
Dears,

Please help me to understand what happened with a bct transaction I made from one cold wallet address to another. In short: I transferred the correct amount in the receiving address and when I check the status, it appears another transaction with a similar but smaller amount to a total unknown btc address. This unknown transaction appears on top of my correct transaction. The transaction(s) is pending since one hour and in the explorer it shows that the transaction will be completed in 12 hours.

Can someone please explain what happened?

Best regards, g

Let us make it clear.

You made a transaction from 'X' address to 'Y' address.

And you see another transaction in your history that you didn't authorize.

Sending funds from 'X' address to an unknown address.

If this is what you are saying then your wallet is compromised and someone double spent your unconfirmed funds to their wallet.

Can you please check if the second transaction is confirmed yet or not?

If yes there is no way to retrive your funds back, if not replace the transaction ASAP with the highest possible fee.
946  Economy / Scam Accusations / Re: !! Warning !! Bitget Exchange on: August 18, 2023, 03:00:57 PM
Anyway we should always use trusted exchange for trading purpose and no need to take risk.
You never know how whether they are trusted enough or not until you deal with millions.

So far the impressions are exchange isn't a scam and no one really accused them of losing their money by depositing there but still they are relatively low trusted to go with big amounts.

And for the record Bitget "Exposed" as "Chinese Scammers", Starts $100M Asia Web3 Fund.
947  Economy / Economics / Re: Bitcoin price hits the rock as Space X sells all it's BTC holdings on: August 18, 2023, 08:15:32 AM
So they bought higher, now it's cheaper, they recorded a paper loss of $ 300 million in the books. They did not sell bitcoin for $ 300 million. There is no proof they sold even a single bitcoin.

So its all one big fake news made by a market manipulator to help close big short, that triggered this massive dump, on profit?
I wouldn't be surprised if the person behind this short selling is Elon Musk himself. Roll Eyes

He is facing losses for a while, especially since the takeover of the Twitter company so he wants something to make his name up on the wall so obviously one of his favorites is crypto so that he can get back the fame while making profits as well.

The price has been tangling in the mid $26K since this news spread hope it doesn't get worse further.
948  Bitcoin / Bitcoin Discussion / Re: Some of the key advantages of lightning network on: August 17, 2023, 02:27:03 PM
Same here for me, it was just recently I saw the opposite of LN on the binance exchange although like you said many theories of how lightning network is super fast and more preferable when it comes to it's use for transaction with Bitcoin but still haven't also been able to access it use. I also see that my electrum wallets also support the LN but am just curious of how it still not the most preferred network used when it comes to transacting of Bitcoin although i know its use will be very good for folks actually running a business and currently accept BTC as a means of payment so every payment will be done in a matter of split seconds.
People have yet to get used to it, and it will take a few more years cause now only most users are adopting the segwit addresses.

LN is great to avoid the time and transaction fee but it requires an active channel which should be funded with Bitcoin on a chain that still requires transaction fee and confirmation time then only the user who wants to spend their BTC on LN can use it. People may be considered using LN when the fee was hiked recently but now it is sitting at 6-7sat/vbyte then they won't be using LN for now.

In case if you are wondering where to spend your BTC via Lightning network you can find most of the sites supports LN transactions

https://lightningnetworkstores.com/
949  Other / Beginners & Help / Re: HOW CAN BITCOIN STORED IN DOWNLOADED WALLET BE RECOVERED? on: August 17, 2023, 09:48:09 AM
I heard one case here before where OP lost his funds in Electrum due to such an old version of Electrum he failed to update the app with time and when he returned after a long period of time he then tried to update the Electrum from that fake link and fall prey to a scam which lost him a lot of money.
Which is exactly my point. Scammers can make fake software, fake apps, fake websites, fake download pages, but they cannot make fake GPG signatures. Once you know how to do it, it takes less than 20 seconds to verify a download against a public key in your keystore. Do this simple thing with every new version you download and you will never fall victim to such scams.
Although in very rare cases users may lose their funds due to the vulnerabilities which also happened to Electrum as well Critical Electrum vulnerability. So keeping our wallet updated is also as important to avoid any vulnerability attack.
950  Other / Meta / Re: Privacy Concerns, Can Administrators and Mods Access Personal Messages? on: August 17, 2023, 07:46:34 AM
I don't think members have ever taught about this before which I why I decided to raise this thread.

If you ever gave attention to your screen then you may not have such thoughts in the first place.


Although I recognize that the intention behind granting this access might be to counter spam and fraudulent behavior, I personally find the idea of reading other people's private messages invasive. PMs are meant to be personal, and it's troubling to think that anyone apart from the intended recipients or sender can access them.
The same goes on every platform you are using on a daily basis for example your social media messages are completely private?

So it makes sense right, if you ever want to send any sensitive information over an internet platform then encrypt it.
951  Economy / Economics / Re: Escrows: probably unavoidable human intervention for fiat/BTC exchanges on: August 17, 2023, 01:37:26 AM
So, even in a "completely decentralized" Bitcoin setting where people try to avoid centralized exchanges, escrow services and P2P exchanges may be a kind of business which will last forever? Or do you think there will be a technologic revolution eventually that makes them obsolete?
Still, there are some ways to eliminate the escrows like implementing smart contracts but those are much more complex and highly limited when it comes to Bitcoin's network so the escrow business may last for a while but not forever. Surely there will be an advancement in the field where we can trade Fiat/BTC and vice versa in a trustless manner.

Escrow so called trusted third party may not be completely trustable if we are talking about millions and in billions that is why most users who is dealing with huge amount prefer the centralized platforms based on reputation which means still there is room to fill this space and hopefully, there will be a solution.
952  Alternate cryptocurrencies / Mining (Altcoins) / Re: Crypto Mining vs. Validators on: August 16, 2023, 03:55:15 PM
You can't mine Ethereum anymore so you have to stake 32ETH to become validators to get the staking rewards or you need to choose another altcoin for example Ethereum classic was the most preferred choice of ETH miners but you can choose whatever you want.

This thread belongs to Mining (Altcoins)
953  Bitcoin / Bitcoin Discussion / Re: Can a transaction in a 6 block confirmation removed on: August 16, 2023, 12:43:48 PM
However, if it's an overpaid fee in a transaction, perhaps you made a mistake during the course of a transaction, they may (low chances) return the fees to you for the error.
Whatever tx fee or fee rate attached to your tx goes to the miner, even if you estimated wrongly and overpaid, there is no such return,
It is possible if the miner willing to return the excess amount.

For example, in 2013 someone paid 111BTC as fees but the miner eleuthria returned 102BTC back to the originating address.

But it's unlikely to happen anymore so don't screw up when calculating the fees especially who uses core wallet.
954  Bitcoin / Bitcoin Wallet for Android / Re: I'm Looking for android wallet with taproot, ledger and connecting to my node. on: August 16, 2023, 11:06:12 AM
Yeah I do not, my question was people use HW on Windows which is 1st most attacked, why not on Android?
AFAIK, one click will give you complete control of your Windows as well as Andoird but why I said it's not good with Android is we are going to use our smartphone more often than our PC so there is most likely that we may fall to malicious link with android than windows maybe its not compelling but I am just being rational.

Quote
As I said one click on an unknown click will give complete access of our Android to someone which allows the attacker to provide endless ways from simple ones like tricking the user to authorize the transaction to intense ones like social engineering, and blackmailing which will become an eventual loss.

One misclick can't give complete access to your Android, only downloading malicious apps and giving them dangerous permissions can — such as accessibility, device admin, installing unknown apps and if device is rooted then that'll be Super User. Android will warn you before you allow such permissions. 

Stay away from dodgy sites, stick to Google play to download apps, read reviews, be mindful what permissions you give and if they are really necessary, encrypt your data (new phones come with 'on' by default), use lock, don't connect to unsecure networks and you will be good.

Android, Windows both have large user base, so they get attacked the most but weakest link is always the user.
Let me tell you how it is possible that how one click of a malicious link will lead to a series of processes that will give complete control of our device.
First, it will compromise the browser which will lead to installing the malware in the background and you will have to know idea what is going on and there is no way to find out. And also you can't find the malware install root directory in your app management likely the malware will be completely invincible and keep running always on the background.

If you want you can see the presentation on youtube about how such attacks are done. Google Protect is not going to find those malware if the attacker is smart enough.

955  Economy / Gambling discussion / Re: Gambling discussion effect on: August 16, 2023, 09:18:31 AM
What’s the effect of gambling discussion here to you?
I tried more gambling sites because I am promoting a casino for that I need to gather some knowledge about their User expereince and a lot others or else I am not really fit for promoting their service. But gambling discussions are not much tempting me to go over my limits so I guess I am under control.

I’m thinking to quit participating on signature campaign that involves gambling discussion in an event that my gambling activities is increasing above my normal habit.

If you feel you are losing more money than you are supposed to, then just quit or at least take a break if that requires no participation in the gambling-related signature campaigns then stop doing it as well. Also, there are signature campaigns even gambling-related one which doesn't need any criteria to post on gambling boards so you can switch to that too.
956  Other / Beginners & Help / Re: Alleged Phishing Attempt on: August 15, 2023, 02:58:40 PM
If they don't, how do these hackers know that I have a Coinbase account?
Maybe they don't know at all, they just are sending out mass phishing emails hoping that a percentage of recipients will fall for their trap.
Coinbase is a popular cryptocurrency exchange. On the list for most popular cryptocurrency exchanges, Coinbase is the second next to Binance. Others that can be found after Coinbase are Kraken, bybit, kucoin etc. Due to the high position occupied by Coinbase on the scale of popularity, there is usually a very high chance that every person with cryptocurrency has an account with Coinbase, so it makes sense that they are sending mass phishing emails in that format to get their victims. If they do it for Coinbase, there will also be other mass phishing mails prepared for other top exchanges on the list also.
So it makes my statement valid, user who used the email for cryptocurrency services like news subscriptions, airdrop, or maybe used on another exchange which means the data is exposed in one or another way.

And this website called have i been pwned? will help you to find if your email has been caught in any of the data breaches.
957  Bitcoin / Bitcoin Wallet for Android / Re: I'm Looking for android wallet with taproot, ledger and connecting to my node. on: August 15, 2023, 12:33:06 PM
But I think it is not really good idea to connect your Hardware wallet to Android since we know Android is more vulnerable to malicious attacks.

According to this Gizchina article — Windows is most targetted, Android is next and least is Apple ecosystem. But, people use it on Windows so why not on Android?

Quote
so you may let someone access and control your cold storage just because you linked an unknown link.

Everything requires physical confirmation on HW (that's whole point of it), phishing link can't do anything unless you yourself give physical confirmation.


But Windows also has some security features to mitigate the potential attacks which is not actually available or effective on Android due to its inherent architecture. As the article says no platform is completely immune to attacks so we can't simply rule out the security of the funds by linking it with the second most attacked platform.

As I said one click on an unknown click will give complete access of our Android to someone which allows the attacker to provide endless ways from simple ones like tricking the user to authorize the transaction to intense ones like social engineering, and blackmailing which will become an eventual loss.

If someone wants they can build a wallet that allows them to connect with hardware wallets but my point is so for none available with all three.
958  Other / Beginners & Help / Re: HOW CAN BITCOIN STORED IN DOWNLOADED WALLET BE RECOVERED? on: August 15, 2023, 09:53:07 AM
Well, Bitcoins are not really stored in your wallets, it's in the blockchain and your wallet is just an interface to access it. In case if you lost the wallet due to data corruption, device lost or anything then you can simply import the same wallet into another device with Recovery seeds.

In case if someone hacked your wallet there is no reason for them to keep the bitcoins there and if still do then just create a new wallet and move whatever funds are left in there ASAP.

Blockchain wallet is non-custodial but its not really a best as you think. If are looking for alternatives to electrum then you can consider BlueWallet which is open source Bitcoin wallet.
959  Other / Beginners & Help / Re: Can we have a newbie Bitcoin wallet? on: August 15, 2023, 08:24:35 AM
It is not really rocket science, possible for anyone to understand who has the ability to read, and understand what is the meaning of deposit/ receive and send.

Let's say you are downloading Electrum as your Bitcoin wallet, you can find the Download link on their official website.

https://electrum.org/#download

Once you downloaded the wallet.
Setting up your wallet:

1. Launch Electrum then You'll be prompted to create a new wallet or restore an existing one.
2. Choose "Create a new wallet" and click "Next."
3. Select "standard wallet option" and click "Next".
4. Choose you want to create a new seed then Electrum will generate a seed for you.
5. write down this seed and keep it in a safe place. This seed is essential for wallet recovery.
6. Confirm the seed by entering it in the next window.
7. Set a strong password for your wallet and click Next.

Now you completely set up your wallet.

Receiving Bitcoin:

Click on the "Receive" tab to generate a receiving address. You can generate multiple addresses if needed.

Sending Bitcoin:

1. Click on the "Send" tab.
2. Enter the recipient's Bitcoin address, the amount you want to send.
3. Choose the right fee as suggested by Electrum, you can also use https://mempool.space/ to find the actual fee and click "Send."

If you still need any tutorials then you can use Helpful Guides For Newbie on the Electrum Wallet posted by Ratimov.



960  Other / Beginners & Help / Re: Will Bitcoin do to Bank what email did to the post office? on: August 13, 2023, 02:56:52 PM
Bitcoin is changing the payment system in the world right now. Payments made in Bitcoin are always fast to receive and do not days to receive.
No, it is not a fair comparison of mail and emails with Fiat and Bitcoin cause Fiat banking is also completely digitized now so you can make payments from your mobile, or cards, and in case you need Physical cash then there is an ATM at every corner. So the point to be considered here is decentralization and a system that runs based on the PoW concept along with all the transactions being public, irreversible, etc. It means you are going to act as your own bank which is completely different from the banking system.

Bitcoin transactions aren't cheaper and faster either compared to existing payment processors...
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 [48] 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 ... 381 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!