Unfortunately I've had a crypto collectibles parcel of mine seized. I've been told that I can expect some high legal costs and therefore I have had to liquidate some of my collection  Can we get more information about this in another thread or in private? I'd like to know what happened, and whether authorities are abusing their power in this instance. |
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I'm still undecided if choose Segwit or Legacy.  @Lucius thanks. You can have both, just make two wallets in same Electrum and name it Legacy wallet and SegWit wallet. In this way you can use SegWit and benefit from lower fees, and in case some service is not support bc1 (native SegWit) it is easy to use address from Legacy wallet. The process of creating a new wallet in Electrum is simple, just click File -> New/Restore and make new standard wallet with the only difference in type of address. You're welcome  Samurai: Settings -> Transactions -> Check one box on/off depending on which type you want to generate next (legacy vs. bc1). Easy with both of them, but easier with Samurai as it is the same wallet. |
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This nonsense attack vector is the least of our worries. Start educating yourself and acknowledging real problems. BTW:I always think the idea of govts seizing most mining machines then launching 51% attack is so f*cking stupid. Why would they play swords against you when they have an armory consisting from guns to ICBMs at hand?
Game theory, geopolitics anyone? Both of those scenarios are equally ridiculous that only a childish mind could consider them to be true issues. If it is in America's interest to destroy Bitcoin, then it is in the opposition's interest to keep it safe and use it. The same applies vice-versa. The more time passes, the less this nonsense needs to be even laughed at. Regardless, if Bitcoin goes mainstream, fractional reserve banking will be inevitable and there will effectively be 21 billion bitcoins, not 21 million. That will have a major effect on the price of course.
There will never be more than 21m Bitcoin, fractional reserve banking or not. Nobody can force you to play along with such schemes, only your own ignorant self. |
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Some people in this forum hate coinomi because it is not open source, and because its mobile version had a bug that could share seed with Google docs (something like that)
However, it is a convenient wallet, in the mobile version. There is no multicurrency wallet which is open source. Also, the Google bug with the seed never affected the mobile version.
So, imo, you can use the mobile version to hold small amounts of money, especially if you need a multicurrency wallet.
For large amounts, ledger nano and trezor are the best choices, no doubt
Did anyone ask for a multicurrency wallet here? No. Therefore, that post was pointless. Coinomi is unsafe and should not be used, convenient or not. People need to start being held liable for their recommendations. |
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Mobile wallet
- Mycelium
- Electrum
- Coinomi
- Bread wallet
- Samurai
FTFY. It is better not to recommend anything than to recommend insecure garbage (especially Coinomi). |
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or perhaps SegWit I/O patterns.
This is not the case. |
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I'm no longer DT, thus remove me from this list and cry somewhere else about your pathetic life kiddo.  |
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No reputed Media have covered this project as a scam
"Reputed" Media is only paid propaganda, nothing else. This project is a scam until proven otherwise as checked by independent third parties (e.g. any user not related to any project). |
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-snip-
I am Satoshi. I don't need to sign anything as you're not asking the others to sign anything either. Bye. |
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I only hope these claims that he owns 1,100,000 bitcoins and they are held in some trust are also a lie. From what I have read this BTC would be released to him next year (if true of course).
This could be a real threat to BTC.
No, and anyone claiming otherwise has zero understanding of the value-proposition of Bitcoin. It would be best if Satoshi's coins are liquidated into the market and done with. |
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EVERYONE PLEASE READ
The person or persons who have posted these (if you do a search you will find several of the same posts on this forum under different usernames) is a troll who is on a smear campaign spreading false information. Please go visit his Facebook page and look at how many complaints have been made against them. More than that, they obviously hired several people or used to bots to artificially inflate their Facebook rank from 1 (just a few days ago) to 4, with many users from Pakistan and India posting the same message "I highly recommend to all" VERBATIM. These messages have now been removed, but this person or persons is extremely deceptive and seems to be riding a wave of publicity for their own ends. They fabricated such much info, such as the lie that Karatbars committed a felony for not having been registered in Miami Florida as a cryptobank. IN FACT, if you read the Karatbars WhitePaper, this cryptobank is expected to open late July 2019 and is currently in the process of being licensed. Please read the Karatbars Whitepaper for evidence of this.
Are you kidding me? Fuck off with your bullshit and newbie account. This is a scam until proven otherwise, and any appearance of Karabats should be tagged and flagged. The project is worse than the ThoreCoin scam. This person is extremely disengenous and deceptive, I highly advise anybody reading this to do due diligence. Karatbars is an honorable company, and it is a shame that people like him can seek to tanish all the hard and sincere work that legitimate companies like Karatbars have been doing. This person is playing is fire, as they have been reported and the German authorities are looking into this.
Yes, the best defence for a legitimate company is to threaten "this person" (I'm assuming you're referring to me). A "bank that will be" registered in Miami Florida, reporting me in Germany, neither places which have anything to do with me.  I guess you want more nice PR for this scam.
Pulling this in from another thread:
https://bitcointalk.org/index.php?action=trust;flag=487https://bitcointalk.org/index.php?action=trust;flag=488https://bitcointalk.org/index.php?action=trust;flag=489Two of the three accounts are fraudulent, or the company purely consists of idiots that can't remember 1 password. |
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A bit of an update on this. I seem to get more nodes connecting to me when I am in Kentucky Fried Chicken, than when I am in McDonalds I suspect there is a joke in there somewhere. I don't think it is the ISP, so it must be something that McDonalds are doing to their customers' traffic. Could be any number of reasons for that, impossible to tell with no information. |
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Somebody hired a thread bumping service to bump a scam accusation? That's new.
Everything is possible on this forum apparently. |
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I am not the author of this thread; it is a requested repost. I will be updating the OP with more information as it gets received, which will create a good thread basis for me to flag the project (there already is enough). I can not use someone elses thread for this purpose.
Project website: https://karatgold-kbc.com. |
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How on earth is this possible?!
It's a scam coin; this forum defends scams and scammers. |
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Conversions are always confusing. It's rare you can say a small b is something and a big B is something else.
I normally end up just writing works as there's: gigabytes, gibibytes, gigabits and gibibits and there's enough confusion between everyone as to what each of them is.
1Gigabyte is normally 1024 mb
1gibibyte is 10^9
And youve said what the bit ones are...
Megabits/Gigabits are very often (if not always) used as advertised speeds by ISPs. So when you see 80 Mbps it's actually up to 10 MB/s. I've given you a link for the sake of converting. |
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It says data 3.0Gb/s on the drive... Maybe they screwed up the lettering or something? https://i.imgur.com/qsNyVBb.jpgI need access to jets image sharing site  . I'm pretty sure it means your HDD use SATA 3.0 Gb/S (aka SATA II) connection, not actual HDD speed This is correct, yes. It indicates the connector support and its theoretical maximum speed. Gb/s is more often abbreviated as Gbps which stands for Giga Bit (not GigaByte!) per second. This tool will help you understand/convert: https://www.gbmb.org/gbps-to-mbs |
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../
Decent hardware, especially high I/O (SSD),
(opt) high dbcache,
/..
Those are probably the only things over which I have control. I want to switch to the SSD with Linux anyway. I've got a spare RAM slot in the notebook. It's probably worth doubling the RAM in the machine, and I'll look into the dbcache setting. Thanks for the post. You're welcome. Yes, you can improve those two the easiest but they have relatively little impact in comparison to a static IP. You could ask your ISP for one. My hard drive (from a decade ago) has a speed of 6gbs and they're much better at storing data than ssds as they don't have the 10000 write limit...
Any limitations that SSDs have are negligible for these use-cases, especially NVME. You're still living in the age of SSDs that was 10-15 years ago. How fast can ssds go? My hard drive (from a decade ago) has a speed of 6gbs and they're much better at storing data than ssds as they don't have the 10000 write limit...
6Gb/s on a HDD? That's not possible. 6Gb/s is the maximum speed that SATA III connector can handle. HDDs usually have sequential reads and writes speeds at 160-180 MB/s while SATA III SSDs can go up to 550-600 MB/s. I personally use a NVMe SSD which takes advanatge of PCIe. Such drives can (sequentially) read data at the maximum of 3500 MB/s and write at 2500 MB/s (PCI 3.0 limitation; AMD now supports PCI 4.0). Note: 6Gb/s is not the same as 6GB/s Basically (my experience, not advertised speeds): HDDs: 50-100 MB/s SSDs: 500-550 MB/s NVME SSD (PCI-e 3.0): 3000-3500 NVME SSD (PCI-e 4.0, not tested but almost available): ~5000 MB/s. With Bitcoin Core having a very high impact on I/O, even a step up from a HDD to a SATA one makes a crazy difference. |
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This will not have an impact on what the user is trying to accomplish. This only is helpful if you can't get any connections to somebody. The rest of the answers are all +- missing the root cause of the issue.
Here's your list: Static IP, Decent hardware, especially high I/O (SSD), (opt) high dbcache, Decent network speed, Reliability (not a on-and-off node), Static IP.
Every time your IP changes, your "appeal" resets to 0. If your IP changes frequently, then you will never reach connections in the > 100 range. |
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what is the purpose of Bitcoin Core?
Except that you're running the most secured BTC wallet, the main purpose is to support the whole bitcoin network when running them and keeping them updated (blocks) on someone's device. It's the reference implementation even though many try to avoid that label. |
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