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581  Bitcoin / Electrum / Re: Lost password for elecrum on: November 15, 2023, 11:29:02 AM
but I still have the original file.
The password I had was either 8 or 9 characters long, and it is lost.
I created this password from a 15-character one which I still have.
What options do I have for recovery?


I only have a long password from which my payment password was derived, and wallet files.

I assume you created a password containing 8 characters from your 15-character list and you have an electrum wallet file too.

So brute-forcing the password is definitely possible and with the wallet file, you just can install Electrum on any PC and try to open the wallet file by trying the possible combinations.

Another thing you can do if you can't decrypt the wallet file is try data recover your SSD which is definitely possible but highly expensive.
582  Economy / Gambling discussion / Re: A tip for staying resposible while gambling. on: November 15, 2023, 09:48:16 AM
.
.
it's hard, being a responsible gambler, it's hard. But it's no more difficult than just a gambling addiction. Because when someone has become a gambling addict, the situation they will face will be even more difficult, apart from losing money and valuable time, destruction and other domino effects will also follow which will make the situation very difficult and complicated.

And if we are fully aware that gambling will only bring us closer to loss in life, then immediately improve your gambling activities to be better and more responsible, before the situation becomes increasingly difficult so that you may not be able to face it.

I would say that we need to take the risk, just to avoid the situation at any cost at all. When gambling is done for entertainment and just to experience that adrenaline it's fine but when it starts going in the south and more concentration on money and worried about loss and all then better not continue at all the gambling activities until you get to the situation that you can afford to lose the money.
583  Economy / Gambling discussion / Re: sites with bonuses without deposit on: November 13, 2023, 07:28:38 PM
Hello everyone, do you have sites with no deposit bonuses or no deposit free bets?

Fortune Jack used to give free spins to every registered user in the past irrespective of the deposits but I think the system changed even there as well and practically a casino offers different bonuses to attract the users so the platform can make money so doesn't make sense if a casino that gives bonus amount just for registered users.
584  Economy / Gambling discussion / Re: A gambler's family action. on: November 13, 2023, 03:36:04 PM
So what he family did was to print a photograph of him and giving it to all the gambling shops within their neighborhood and around the locality, threatening that any of the gambling shops they have pasted the photo of their brother should they find their brother allowed to gamble in the shops they will sue the gamble shop owner to court as one that is abetting their brother's compulsive gambling lifestyle.

Share your thoughts!

First things first, is it not possible to sue the owner for allowing an adult to gamble whether the person is having compulsive behavior or sold the properties of their family to get the money needed for betting.

It is individual responsibility and an extreme family can stop him considering the situation but what can actually happen is if a casino stops a person from gambling when he is legally allowed to play by-laws then the person can sue the casino to milk some money. So all I am hearing is *uck BS stories..!
585  Other / Beginners & Help / Re: How do you securely manage and store your Bitcoin wallets? on: November 12, 2023, 10:42:23 PM
The security of your Bitcoin depends on two things private keys/seeds and the device where the wallet is installed.

Keep your recovery seeds safe:

Recovery seed is like a master key for all the addresses in your wallet so you can use it to restore your addresses in case you lose access to your wallet. The most recommended way to store your seed is to write it on paper and store it in a safe place where no one can access it. Also, forum members came up with multiple ideas to keep the seeds

1. Securing Your Seed Phrase with Washers by fillippone.
2. Stainless steel Bitcoin Recovery Seed Plate by willi9974.
3. ColorSEED Or how to simply hide your seed phrase by zasad@.
4. [100 dots] seed phrase backup by LoyceV.

Keep your device safe:

This is a bit tricky and any device that is connected to the internet is prone to be attacked that is why installing a wallet where you will never connect to the internet is the safest choice and it's called an airgapped wallet.

Creating a Cold Storage wallet in Electrum
586  Economy / Economics / Re: Foreign reserves on: November 12, 2023, 07:35:41 PM
I mean if the foreign currencies is bought by the citizens of a country and hold in their bank account, and not used to buy from another country.

You understood the concept completely wrong. For example, gold acts as a reserve in every government, and every individual buys gold as an investment/asset it mean the reserves of the country increase? No

The reserve is something that the government holds not including the assets of their citizen and to my knowledge, only USD is considered as a reserve currency, not fiat in general. The important reason is that USD is used for every international trade whether it is between a country in Asia and North America or so on but in recent days things have changed which could change the whole dynamics of the dollar if things become successful I mean if international trades becomes possible without involving USD.
587  Economy / Gambling discussion / Re: A tip for staying resposible while gambling. on: November 12, 2023, 05:58:24 PM
While gambling some people gamble with small amounts which is not very important for them, but for those who are new to gambling and not able to control themselves or play with something reasonable amount.
So I have a tip for them you can stick a real paper money note in front of your monitor which will remind you that money is hard to earn and play responsibly or don't play with big amounts.
the note will remind every time that how you earned that money, and if you are controlled and this tip is not very important for you them you can ignore it, but i found this helpful.

First of all, you shouldn't be depositing any money to a casino that you are not willing to lose, and if you feel that money is losing beyond your affordability that places your responsible character being broken. So have one point straight that you gamble for fun and if its intended to make some money that is place where you are wrong and if goes south then you have to face the consequences which will affect you financially as well as mentally.
588  Other / Beginners & Help / Re: help with txn on: November 12, 2023, 03:14:20 PM
Do you know how long would it take to get the transaction confirmed?
No one can predict the time because the fee changes are highly drastic so even if you use the actual fee needed for TX to be included in the next block meanwhile fee can skyrocket and you may have to wait more than expected or increase the fee according to the changes.

Parent/sender can use the RBF to increase the fee while the receiver can use CPFP to increase the fee.

I'm trying to add the second txn you sent to viabtc but it's not working. So that means I have to wait for the first parent txn to be confirmed first?

Viabtc fee accelerator has certain criteria to be eligible to be included in the 100 free txns which is

Paste or enter the TXID you want to accelerate. The volume of a single transaction must be ≤0.5 KB, and the transaction fee rate should be ≥ 0.0001 BTC/KB.

If your TX doesn't meet the criteria then you can opt for their paid accelerator : https://www.viabtc.com/tools/txaccelerator

But it's too expensive and I don't recommend using it unless you can't do RBF or CPFP and really need the TX to be confirmed.
589  Economy / Gambling discussion / Re: Luck and skill, which is more important gambling success? on: November 11, 2023, 06:14:11 PM
I have the believe that success in gambling requires a mixture of luck and skill. This is opposed to some people that believe that gambling is entirely a game of luck and others who believe it is entirely a game of skill.

So I am tempted to inquire if skill is all that is needed to be successful in gambling or luck. Whichever be the option, which of them is the most important factor for gambling success?

Let me put it in a way that can explain this picture well.

Assume you are going to roll unbiased dice and you can only pick one number which can be of any combination now and you rolled a million times to practice to get the result you wanted and reminding that its unbiased die so 1/6 will be the probability of a die no matter how many times you roll so here you can change the fact that the results will be in your favor only if you are lucky and skill doesn't do anything at all.
590  Economy / Gambling discussion / Re: Sports betting online courses? on: November 11, 2023, 03:52:34 PM
Courses to improve betting? In what world someone is joining such a program and paying their money?

At least the paid signal group makes sense because there is the possibility to get leaked information about match-fixing and it can be spread out for getting money in the world even though its 99.999% of the time fake at least that makes sense compared to pay for learning how to bet.

591  Bitcoin / Wallet software / Re: Recommendation for multi-crypto software wallets that support BIP-39 passphrase on: November 11, 2023, 08:43:52 AM
Bisq is not user-friendly so I agree with you completely that it shouldn't be considered as a wallet for storing, its decentralized exchange and to be used for the intended purposes.
Sure, but you also wouldn't need to use it for any trading. It's the trading aspect that isn't user-friendly. Creating a new wallet and making backups of your seed is the same as with any other non-custodial software.

It's not as user-friendly as a wallet like Electrum to send/receive funds and anything that we do in the wallet otherwise seed creation/ baking up and all are one-time processes so it's all the same as every other wallet.

Even from as storing perspective, it doesn't look user-friendly or not convenient for reasons like taking time for everything and for the record I really wanted to use BISQ due to its no KYC but it doesn't have any liquidity for the fiat I want to trade so I just have to still stick with KYCed P2Ps.
592  Bitcoin / Hardware wallets / Re: Fuck you ledger on: November 11, 2023, 08:25:49 AM
So whoever wants to keep their crypto now should boycott Ledger as well as Trezor.
I do get the hate for Ledger but I do not understand why there is some hate here for Trezor too.  Other than their Seed extraction vulnerability and the possibility of pushing a malicious version of firmware or Trezor Suite.  Is there any thing I might have missed?

AFAIK, there is no security threat in the Trezor models but their censorship became questionable when their coinjoin partnership with Wasabi leaked users' addresses and they tried to hide by censoring users on Reddit and other platforms showing that they can't be trusted either.

Also, their hardware malfunctions become issues like LCD screens failing on multiple devices and lack of support from the team to make them be untrustworthy with my Bitcoin.

Related Threads

Coinjoin on Trezor Suite
Trezor problem!
593  Other / Beginners & Help / Re: How to cash out the money from electrum on: November 10, 2023, 07:30:36 PM
How to pull out the cash from electrum stored btc anonymously?

You can find someone where you live who wants to buy your BTC for fiat so that you no need any help from KYCed exchanges to cash out BTC to fiat but its the most incovenient way.

You can try bitcoin ATMs and if I am not wrong still there are ATMs which doesn't need KYC but again they are rare due to the regulations from governments are strict and they simply want to monitor every crypto transaction as far as they can.

Another option is BISQ or any no KYC p2p exchanges where you can find someone who wants to buy your Bitcoin for fiat.

Also, you can post your offer in the currency exchange section mentioning which fiat you want to transfer then you may find someone to trade with.
594  Economy / Gambling discussion / Re: What according to you should be the age to retire from gambling ? on: November 10, 2023, 05:26:05 PM
But I think that even old people can enjoy gambling.

Stupid question.

Does this even need a discussion?

Considering gambling as an entertainment factor so you are allowed to gamble as long as you are enjoying it. If you feel forced to stop doing it simply because people consider you are too old to enjoy then just F**K their ideology.

Gambling is not a job or anything, which one needs to retire from it. As long as you have the money and the passion to gamble, you can gamble at any age.

Even the old people can enjoy gambling as long as they are healthy. So enjoyment has no linked with age. You could be in your teenage and have tension about your exams, or you may be in your youth having tension about your job and there can be an old man with no tension and hence you can't compare his enjoyment level (in gambling) as compared to the other two.  Smiley



Actually post-retirement period is the age for an individual to enjoy their life because they run all these years behind in money, working 12 hours a day and everything to meet their family's needs so if someone at old age has the affordability to gamble then they should gamble and they know how to handle the finances better than half baked millennial mindset.

595  Economy / Gambling discussion / Re: What according to you should be the age to retire from gambling ? on: November 10, 2023, 02:53:32 PM
But I think that even old people can enjoy gambling.

Stupid question.

Does this even need a discussion?

Considering gambling as an entertainment factor so you are allowed to gamble as long as you are enjoying it. If you feel forced to stop doing it simply because people consider you are too old to enjoy then just F**K their ideology.
596  Bitcoin / Electrum / Re: I have btc in my electrum wallet. How can I send lightning? on: November 10, 2023, 12:40:30 PM
Yes, its completely safe but you transaction has to meet the criteria to be eligible for free acceleration. You just have to provide the txid and if you're eligible then the TX will likely to be confirmed in the next one hour since viabtc has an average of mining one block per hour.
597  Bitcoin / Electrum / Re: I have btc in my electrum wallet. How can I send lightning? on: November 09, 2023, 04:36:54 PM
...
How can I incorporate lightning right now (as a first time user) to recoup my loses in pending transaction fees and get the $8 to X pronto?

Appreciate your input!

First, you need to understand how lightning network transactions works which you can learn from Basics of the Lightning Network.

It doesn’t replace them completely because on-chain transactions are still needed for closing and opening payment channels.

So in your case lightning network will double the TX fee than the actual fee needed considering you need to open the channel and then fund it which needs on-chain TX for that you need to pay whatever fee is required at the moment and send it to the person X via lightning then while closing channel again you need to make an on-chain transaction.

598  Economy / Gambling discussion / Re: Should Casinos Sponsor Sites That Deals With Gambling Addiction on: November 09, 2023, 03:04:46 PM
It is casinos' way to repay those who put in a lot of money and get addicted or they shouldn't care because it's the gamblers' initiative to play.

First of all, it helps related addiction, and they are supposed to have one due to the regulations.

For example, toll-free service is provided by the government itself and the number can be found on the packets themselves and in some countries it is mandatory to have a picture of cancer but you know that the efficiency of such is zero and no one is utilizing those services in my experience.
599  Economy / Gambling discussion / Re: Out of curiosity, how much you wagered recently? on: November 09, 2023, 01:35:37 PM
How can we compete in some wagering wars and competitions against players who wager so much? Do we even have a chance? Smiley

Start your streaming channel, once you got some traffic for your live then casinos will approach you and sponsor the amount on your behalf of you on their own site and pay few pennies to the streamer and let them roll on and on. The streamer loses, the casino takes the money and if the streamer wins the winnings will go to a casino.

Don't be deceived by such advertising gimmicks and just focus on being a responsible gambler.
600  Other / Beginners & Help / Re: El salvador first to use lightning network in 2024 with bitcoin ATM upgrade on: November 09, 2023, 11:47:29 AM
El salvador who is the first country to make bitcoin a legal tender will now be the first country to have use lightning network in 2024, what this means?
withdrawal are fast, and less fee's which is good, unlike before that if you wan't to transfer fast you need to add more fee's it is also said that 3.7 % only have this kind of technology in crypto ATMS


The article doesn't even make complete sense, anyway, they try to interpret that Bitcoin ATMs will now support lightning deposits and sooner they will roll out the upgrade in their machines.

This is an existing concept, not sure its available on ATMs but exchanges implemented lightning network deposits a long way back so users can fund their exchange account instantly and this will be only helpful in situations like now when fees are too much due to spam TXs of tokens.
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