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first post, claiming 100BTC asking to random guys (us) to tell him where to invest much amount of BTC.. that's weird but with that amount of BTC, the best thing for me would be invest some of them into alts and keep the rest in BTC, that would be the best possible scenario for you, keep in mind altcoins are a mine field.
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the panic didn't last much, price is keep rising since yesterday and now we're above 6k$, i guess it will kill rise until 25th, then nobody knows what can happen.
There would be a fisiologic drop but then it will steadily rise hiw way back
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i have such a small amount of BTC that i'm keeping it in an exchanger (kraken), very solid, reliable and hopefully, will enable the new coin as soon as possible.
In the previous fork, my dust was stored in Poloniex and i had no issue as well.
The transaction fees for withdrawal is not that low (for the small amount i have) so i prefer to keep it there with my finger crossed.
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I think he's thinking he's idiot now  No one wants to be millionaire by spending millions of dollars on 1 Pizza. I wouldn't appreciate to be in his place. No, but all of us believe you're the idiot. If it weren't for that pizza maybe nobody would have transacted BTC for something for months or maybe we would have never had a btc transaction between people. So the value of BTC would be the same as before the pizza buy, a big fat 0. The amount of newbies acting as the gods of knowledge around here is disgusting. Yeah right! We should be thankful to that guy. And to the pizza owner who accepts bitcoin. Great things really comes from small beginning. That's just how it goes.If bitcoin wasn't spent before, then there's ni bitcoin today. So we should all support bitcoin and continue to buy using bitcoin to support its purpose as a digital currency.
There was no pizza restaurant accepting bitcoin at that time. There was no shop accepting bitcoin. That was one of the first transactions between two guys with some kind of value. The receiver of the 10k BTC paid with a cc for the pizza to be delivered to Lazlo. Even if i'm a Jr. member i'm lurking this forum for years and i totally agree with you, this kind of topics are for them just a post counter farm. What if, at that time, btc project ended because nobody wasn't trusted and followed? yes, that guy got a free pizza without spending a single penny, so what? Are the people like him which definitely boosted the BTC reputation, the possibility to buy food with just a sequence of 1 and 0 demonstrate (him and the pizza seller) they both agreed to exchange goods for bits. There are no idiots involved in that transaction, there are many idiots which are jumping on the BTC bandwagon hoping to become rich! We all want to live a better life but they have no clue how BTC works, they want to earn free moneyzz spamming on the forum to get a signature campaign and they feel god if they gain 1$ out of nowhere.. |
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definitely btc can reach 20k mark but not in such short amount of time (it can happen but most likely it wont); definitely he lost his credibility by putting crapcoins so high that i can't laugh watching that pic.
I love to see people with massive enthusiasm in crypto but in this case.. there is no realism, really ETH 15k, MONERO 1k? Thanks but there is NO credibility in that image
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first thing first, let's hope it will never happen.
Second, i would care bit more about my family and how to survive in case of nuclear war/bombing and so on.. for sure BTC will not be the first thing in my head (although crypto may become toilet paper in a matter of second).
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in a perfect crypto world, i guess everyone would leave their boring/8 hours job to earn with bitcoin. Is it possible right now? Is not for everyone, you need to have an huge investment in order to gain something on a daily basis and even in this case there are many risks. The roller coasting price does not allow to rely only on BTC gain, all in all you need to eat, pay your bills and so on.. definitely i would love to sit and check my money growing every day  i don't think it will happen anytime soon, at least for me. |
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no bank are accepting BTC right now because it means BTC is a recognised currency hence, regulated (taxes and so on); hopefully it will not happen soon because that might be one nail on the BTC coffin.
Maybe sometime in the future BTC will raise his voice and will be widely recognised but for now, is not a good idea.
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for long term investment, BTC for sure because despites the roller coaster price, in the long run BTC is more stable than altcoins, for short term trading, altcoins are not so bad but, for me, it's more risky than BTC anyway.
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would it be possible to GPU mine ETH? Last time i've mined something was like 3 years ago but i'm somehow tempted by ETH.
Any good ETH mining pool somebody can recommend?
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bump!
I'm still willing to help you with your IT issues!
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it's impossible to predict the price, BTC are and will always be a rollercoaster depending on many things.
Incoming hardfork caused the price to rise due to people buying BTC in order to get more BTC gold, after the 25th of October there might be a price drop but it can
't be predicted 100%.
Like someone said, if you want to invest in a long term BTC relationship, buy some every month and hold, otherwise, if you want to trade you should study the market trend to "predict" the pump and dump in order to buy low and sell high.
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using kraken for years now, quite happy: low fee, nice volume of daily transaction.
Just every now and then some website unreachable but it last for a couple of seconds, never had any issue with them, solid and stable exchanger.
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unforunately not, working on it but this goal is very far away from me.
For now i'm happy with my dust which came without any investment.
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it's always the same, BTC are like ocean waves or a rollercoaster up and down, up and down. Just keep holding and stay at the windows watching the market  |
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being unemployed suck because you need money to live and with some hard work you can start to gain something with BTC, there are many ways to try to get money being unemployed and BTC it's a very smart way because is not illegal (it's easy to do some dirty jobs but well.. everyone knows it's not right) and on the other side of the coin, you can learn and grow day by day while waiting for a stable job.
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thank you Coolwave for your support, was an easy and quick communication with you!
Still some spot open
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it's impossible to crack such a long encrypted seed, in no way even with the most powerful supercomputer you can crack it in a timely fashion (more than 1000+ years), there are 88 chars in your seed, each character can be letter, number, special character.
Letters can be lowercase and uppercase (26x2), numbers (10), special character (33) so, for each char in your encrypted seed you have 95 possibility, which means 88^95 different combination.
So, i feel for you about your wallet but don't trust anyone who will claim he will crack your encrypted key.
Probably its possible. You are wrong in assuming that the "seed" is long. Usually most people use quite SHORT passwords as an electrum password, which is not the same as the long wallet seed btw. When choosing a password, the current electrum says that, password length of: - <7 characters is Weak
- 7 characters is Medium strength
- 10 characters is Strong.
I would assume that most people choose a password of 8-12 characters, and many use the length of exactly 10 characters, because that is where electrum says that password is strong. Not sure what password lenght electrum recommended in 2013 (could have been shorter) The problem here is finding the ~10 characters long password used in AES encrypting the seed and wallet. And 10 characters long password should be SOLVABLE. (Its a completely different problem than guessing the seed of the wallet, which has a strength of 2^128 bits which indeed is practically impossible.) And in addition the OP already KNOWS the seed. He is only missing the wallet password. Sage55: Do yo have any more information about your password. How long is it? what special characters it has? Do yo know if it has a certain word in it? still you have to start to crack the code with 88 character, doesn't matter if the password was a single digit or 25 chars. There is nothing in the seed which can tell you the length of the password, nor the difficulty.. ok, he has some starting point about remembering some words. Doesn't matter the difficulty of the source password, you still have to work on a 88 char long seed and the different options i've listen above, even if the password is "12345", the only way to recover the password is some luck for the OP to remember with some tries the original password. sorry tu burst your bubble but props to you to try to help him! |
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what's puzzling me is why not a single altcoin brought any new features after years of BTC.
Does the new devs just copy/paste the source, change name and hoping to gain some money? Where are all the hungry devs ready to improve the protocol, adding new features on the blockchain without focusing only on pump and dump about their new altcoin and then forget about it?
This is something that after many years of BTC still confuse me.
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today i've made an order for some gardening stuff from a website, when i filled in my shipment information i've found out they are now, since a month, accepting bitcoin as payment without any fee and they also add a free shipment!
It was a nice and easy transaction, props to them to be pioneer in this amazing technology.
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