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You can always invest in some special cooling for better results.
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Basically I think if ECDSA gets cracked then most likely any active addresses won't be targetted to attract attention. If people's cold storage all of a sudden gets stolen, people would start complaining and eventually a conclusion might be drawn that ECDSA is broken due to re-used addresses using public keys.
Most likely someone would target those large 50-100 BTC addresses with unspent outputs since 2010 and assume that its a lost key.
That might even be happening right now but we don't know it.
It would be stupid to hack every public key which is 50% of all the coins in existence and crash the price to $0 and get nothing.
Maybe, also the response from the network could be a hardfork ... making better cryptography should consider also people in long term run not just making more space in block to accept more transactions. |
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80% ICO Honestis.Network
20% Ether to operate it well.
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I am suggesting that you buy a Bitcoin debit card as they are now available online and you can withdraw your money via your local atm machines. I am sad for people who are restricted by their short-sighted government to be part of the Bitcoin movement. I am then feeling lucky that my government is having no such mentality as it is against the people actually.
ATMs are also under review by gov organisations and instittions. As you mention bitcoin and altcoins as long term 10 years invest, then you should be afraid of lacking ways to cash out. If bitcoin/cryptocurrencies rises up so much and you invest, you can always buy a airplane ( most likely for cryptocurrencies ) ticket to destination where it is legit, withdraw money there some exchanges offer ATM withdraws without debitcards. Also you can make a bank account locally and than withdraw to this bank account. Some exchanges also offer withdraw to/from paypal. Best |
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ICOs,
You have greatest returns from ICOs. Diverse invest is best, but you can also put all your invest funds in one like honestis.network
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its good to store it by piece. 50percent to usb,50 percent to online storage such as google drive etc. so even if a hacker stole ur key or information. he cant easily access to your account. keep safe ur account  Better than storing 50% of key somewhere as for most bitcoins wallets /accounts it is only possibility. If you are not so newbie maybe TRY ethereum multisig wallet or other multisig wallet. Those wallets use few keys to unlock funds for example 3 of 5 keys. Then store them like 1-2 to your lawyers and/or notary with your last will Keep for yourself other keys like 3 in different computers/drives/family members/best friends and locations of your choice if printed or engraved on steel In such case no password is needed if you are dead so family members after reading your last will can retrieve funds. If your house burn you can see your last will and documents in lawyer company and retrieve keys from friends so you will be able to retrieve funds. Unless your lawyer your notary and your family and friends conspire against you, but then it is already a hard time for you. There is a risk that If you get hacked and all keys stolen then nothing will help you. |
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The prices of major crypto are rising heavenly and the world is just starting to recognize the potential in blockchain-technologies. However, how long will this rise last? What will happen then? And what will happen to us, crypto-dedicated communities?
TILL NEXT TECHNOLOGY There were stones than shells and then coins and than banknotes and than money backed by coins and than FIAT money now you have BITCOINS and FIAT cryptocurrencies and NO-FIAT but backed with something more or less usable or trade able in real world so you have asset cryptocurrencies WHAT will be next depends on technology ... maybe some kind of virtual patterns with pieces of skills or memories or personalities transferable [ some people working on brain interfaces ] so chill for next 20-30 years this is cryptocurrencies round in history of economy. |
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Waves or Ripple will taking over Ethereum first before Ethereum take over Bitcoin
Why ? What are their advantages ? and only in price or popularity and functionality also ? |
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$12 000 USD
or 1400 euro
depends what happen on global market.
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It is hard to not notice that Android is well spread by ITS OWNER
but is that really a good OS ,
I don;t like any modern self phones OS as they all lacking a lot of things, for security guys even basic ones.
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I think as long as you have a competitive electricity price , all that discussed before isn't important as you will always be in profit and will not surrend fast.
Cheap electricity is the key here. If mining gets to the point where only the ones with "cheap" electricity can mine then its not going to be worth the hassle for most. Consider someone paying 10c/KWH, at that rate as long as they made more than >$0.36 per GPU they would be in profit. Say they are making $0.10 per day net. After 1 year they would only make ~$36.50. Right now you can make that in less than a week. Most will just eBay their GPUs rather than earn so little. Some people use Green Energy for mining. |
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even using tor here are three ways to track you
Ok thanks, but I am not talking about 1, 2, or 3, in your scenarios. I am exclusively talking about tracing out an identity just through the Bitcoin payment itself. How difficult is it, say, for a regular person or privet investigator (NOT the fbi) to trace out the identity of a person using bitcoin to pay for something? If you are so curious. Use tool what they have. Google Your name. Match database 1 Then google and scan in every bitcoin address-blockchain "scanner" with address which you want to use. Match database 2 Then check if something matching in database 1 and 2 |
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Electrum isn't a hardware wallet? If I damage my hard drive and lose the backup of my electrum wallet, then I can no access the information from it. As Electrum has no central servers to store the data on it. Are you thinking of the hardware parts of electrum? If so, then you can definitely restore from them by just plugging them into your computer and putting in the pass code. But the regular version of electrum does not have this. It's just an executable written in python. https://electrum.org/#downloadHave I compiled my electrum wallet wrong then? If I try to recover it from anything by my recovery drive then it always creates a fresh wallet (although whether that's a security thing or not i'm not sure).
HD doesn't stand for hardware... it stands for "Heirachical Deterministic": https://en.bitcoin.it/wiki/Deterministic_wallet#Type_2_hierarchical_deterministic_walletBasically, you have a seed which acts as a starting point and ALL your wallet addresses are generated from this starting point in a known, repeatable way... so should your computer be completely destroyed, you simply load up Electrum on a new PC, "restore" -> "I have a seed" -> put in your seed words and the wallet will recreate exactly the same addresses and thus rebuild your wallet from the data already in the blockchain So did you try all those ?? and what is the result. hierarchical Deterministic There are some script looking for partial keys or dat files on damaged HardDrives. |
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I'm fairly comfortable with cryptocurrencies, but have just recently really started investing/trading and have a question. I've set up myself a portfolio that I plan on adding to and changing over time. Right now I have only about $1200 invested, spread out anywhere from $100-$300 between about 7 coins. All my holdings are on trading platforms like Poloniex, Bittrex, and Coinbase. Would you guys suggest keeping my holdings on those sites or moving them to offline wallets? I know its safer to do it that way but since my shares are still fairly small I wasn't sure if it was worth it. Should I download a wallet for each coin or look into something like a Trezor or Ledger to hold them? Or is there an offline wallet that supports multiple currencies that you would recommend. Any suggestions/help is greatly appreciated.
It is better to start with small amount of money to get good security habits. If make mistakes like loosing keys to wallets it is better with small amount of money. Most of trading platforms or exchanges are protected like any other internet service, they have totally different security features and risks than cryptocurrencies. They are also hacked in different way. |
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is bitcoin more popular than US Dollar ?
No.Not yet.But it would be in future.Bitcoin has just crossed its primitive eight years whereas US dollars has been in the market for more than 70 years.It is the global reserve currency.It would take time for bitcoins to get popular than US dollars. I do not think that bitcoin can be popular than us dollars even in the future because it is obvious that US dollar has existed for many years and there are many countries considering this currency are very important to their economy. Moreover, the US is the strongest country and they have been using the dollar all around this planet for several purposes History will show as this is ongoing race. BTC is just technology and global community as backup. USD have country with administration, army and official representatives. |
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Tokens are better when fiat money, at least they are backed with software not like fiat money with tin air ...
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Yes, It is still hard to say if it more WOW or just scary.
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