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I don't remember the password. What I *do* remember is trying to be smart back then and having a complicated passphrase, and then encoding THAT to make it "extra secure", and then, saving it in a hidden drive with TrueCrypt. I thought I was being very smart and secure, now I realized I'm really quite the opposite.
Is the BTCrecovery tool legit? I will go through the link. Thanks.
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I read through multiple threads here...couldn't find a solution so please bear with me stupid questions. I have a small amount of BTC in this old wallet.dat file from a few years ago in my old laptop...I am NOT a tech guy, but I followed instructions posted in various threads here to download/run pywallet on this wallet.dat file. I ran this script: pywallet.py --dumpwallet --datadir=. ...which returned: WARNING:root:encrypted wallet, specify password to decrypt
"bestblock": "0000000000000000000000000000000000000000000000000000000000000000",
"bestblock_nomerkle": "unsupported",
"defaultkey": "xxxxxxxxxxxxxxxxx",
"keymeta": "unsupported",
"keys": [
{
"addr": "xxxxxx",
"ckey": "xxxxxxxxxxxxxxxxxx",
"label": "",
"pubkey": "xxxxxxxxxxxxx"
}
{
"addr": "xxxxxx",
"ckey": "xxxxxxxxxxxxxxxxxx",
"label": "",
"pubkey": "xxxxxxxxxxxxx"
}
{
"addr": "xxxxxx",
"ckey": "xxxxxxxxxxxxxxxxxx",
"label": "",
"pubkey": "xxxxxxxxxxxxx"
}
],
"minversion": 60000,
"mkey": {
"crypted_key": "xxxxxxxxxxxxx",
"nDerivationMethod": 0,
"nDeriveIterations": xxxx,
"nID": 1,
"salt": "xxxxxxxxxxxx",
"vchOtherDerivationParameters": ""
},
"orderposnext": "unsupported",
"purpose": "unsupported",
"tx": "unsupported",
"version": 190001
}
Obviously not with 'xxxxxxxx' but various numbers. What do I do now? I can't remember where I kept my "private key", if that's what is needed. Can someone please help? |
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Inspired by HR, I've decided to diversify my portfolio lol. Bought some altcoins with the dip today.
LTC - 37.4%
BTC - 20.9%
ETH - 17.7%
BTS - 5.4%
STEEM - 5.3%
OMG - 5.1%
QTUM - 4.1%
NEO - 4.1%
I'm not much of a trader at all, but I might do some rebalancing from time to time. Fingers crossed!
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The only thing I would correct with what you said would be to say that you're really "buying" STEEM, and not selling BTC, much like when you buy Apple, for example, we buy AAPL (we don't think of selling USD in that context); when selling BTC, we think of going to fiat, or a fiat equivalent, and then you're out of crypto (either virtually or really) altogether. That's really nitpicking on my part, but little nuances like that can affect the rest of our conceptualizing in a butterfly effect manner, so I mention it, just to be safe.
Thanks again. The only reason I framed it that way was to see if I can truly understand/internalize the supply/demand relationship between altcoins and BTC. I wrote "buying altcoins by selling BTC" to emphasize the fact that when people buy alts, they need to "get rid" of some of their BTC (or ETH, or LTC, etc) to do so. And if they are looking to take profits off the table, they need to buy back BTC before they can again reconvert that BTC to fiat. In other words, in theory, when Altcoin A has seen a good run and starts taking a dip, that's when most people decide to get out...increasing their demand for BTC...which in turn pushes the price of BTC even higher. But maybe I am overcomplicating things needlessly, given that BTC trading volume is orders of magnitude higher than most altcoins', and that the supply/demand aspect of people getting in and out of Altcoin A would barely cause a dent in BTC price... |
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@everyone_looking_to_get_in BE PATIENT! You'll have an opportunity sooner or later to buy in at a very nice price. Now is not the time to be getting involved IMVHO. I'm not interested in managing other people's money, so scratch that as a possibility. Nevertheless, you can learn how to manage your own, and follow along and participate here with what you're doing, learning, and contemplating. That's the idea here. And forget about the numbers. Let's say my model portfolio starts the next buy cycle with $100,000.00 - you'll be able to easily participate in any multiple you like: $10,000.00, $1,000.00 or even $100.00. The percentage weighting of each component would be a piece of cake to calculate, etc. And if you wanted to invest say $20,000.00 or $2,000.00, well, you'd just double what the $10,000.00 and $1,000.00 figures would be. Do you see how easy it would be to follow along and actively participate as well? Use the interim to learn as much as you can about crypto, study the history of especially BTC and LTC, research different technologies, look for projects you like, get an account setup with Bittrex, and be ready to act when the time comes. I assure you that it will be one of the most profitable endeavors of your life, but YOU have to do your homework - nobody is going to spoon feed you or do it for you. You can do it! It's just a matter of putting your mind to it.  You've convinced me to step out of lurker status. I've been in LTC since 2013, and ETH for a while, but I've just been a "hodl" sort of guy - not delved into any of the other altcoins at all...until I came across your thread. Fascinating read. So n00b question here with trading alts on Bittrex. I understand most alts (e.g. PIVX, STEEM etc) can only be bought with BTC, while others can be bought with LTC or ETH. So let's say I'd like to get into STEEM, and my entire portfolio now is comprised of only 12.12238 ETH. For simplicity's sake, let's say I'm looking for STEEM to be 10% of my portfolio. Example: 1. At current exchange rate, 1 ETH = 0.08249200 BTC. Sell around 12.12238 ETH and receive 1 BTC. 2. At current exchange rate, 1 STEEM = 0.00030907 BTC. So I sell 0.1 BTC and in return, receive 323.55 STEEM. 3. I now hold STEEM for 4 weeks. Let's say after 4 weeks, 1 STEEM = 0.0004 BTC, and increase of around 30%. 4. So at this exchange rate, I now sell 323.55 STEEM, and receive 0.12942 BTC. 5. Rinse, repeat with other alts. Is my understanding of the altcoin trading process on Bittrex (and perhaps, other exchanges), correct? Or am I missing something fundamental? |
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