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January 21, 2018, 06:36:08 AM *
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1  Other / Politics & Society / Re: VIRGINITY before getting married on: January 20, 2018, 08:42:25 PM
There's no way I'd marry a virgin. If they were useless in the sack I'd have to give her the boot immediately. That would be a costly sexual failure.
2  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2018, 08:34:28 PM
I've probably mentioned this here before, but back in the day I mined a triple digit amount of BTC and sold them at a price in the double digits.

Later on, after deciding not to jump off the nearest tall structure, I decided to start grinding away and hodling.

The smart move going forward is probably to sell certain amounts at predetermined levels, similar to what jbreher does. However, I have a major aversion to the thought of selling any BTC, having been traumatized by earlier experiences.

If you have an aversion to selling at a certain price then that tells me too much crypto is being given up. If selling 20% of it achieved every possible short to mid term desire then I wouldn't blink. If I was getting rid of 90% of it for the same I certainly would.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: January 20, 2018, 03:15:32 PM
It is any reason why binance have not listed XEM?      Is any way how we can helps get xem to binance ?

Give Binance several million dollars.
4  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2018, 02:54:09 AM
https://twitter.com/cryptovenus/status/954483855364378624

Interesting retweet type thing. Bitmain is off abroad with a vengeance. I wonder where they'll end up fully spreading to.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: January 18, 2018, 03:22:16 PM
Has anybody informations about Ledger Nano S support like Trezor? I only found old topics on google.

I'm holding NEM for a nearly one year and I would love to put them on my Ledger Nano S.

There hasn't been a squeak about it. If there was we'd hear about it. I bought a Trezor solely for XEM.
6  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 18, 2018, 01:57:25 AM

I have not been impressed with the Reuters coverage so far. I can't believe people are being paid for some of the one sentence stuff they've been putting out.
7  Bitcoin / Development & Technical Discussion / Re: Does anybody know which wallet will support Bitcoin Gold as well as Bitcoin? on: January 17, 2018, 11:48:44 PM
It will be the 12 or 24 string of words your keepkey should've given you when you set it up. That's what allows you to restore your coins in another wallet.
8  Bitcoin / Bitcoin Discussion / Re: Visa CEO: We won't process transactions in bitcoin, it's not a payment system on: January 17, 2018, 10:44:58 PM
Seems fair enough to me. I wouldn't expect Delta or Etihad to start running my local bus service either.
9  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2018, 10:26:45 PM
http://finance.weissratings.com/crypto/

What do we make of this?
10  Other / Beginners & Help / Re: Storing Cryptocurrencies on Exchanges on: January 17, 2018, 10:23:40 PM
Absolutely not. Even if the exchange isn't hacked, your account may be phished. If your account isn't phished these days we have the exchanges freezing people left, right and centre for non compliance or simply being overloaded.

The latter is my main worry these days. I get in and out as quickly as possible and I'd never go all in with a buy or sell. I'd step it just in case they froze me.
11  Other / Politics & Society / Re: Self-education. on: January 17, 2018, 10:20:54 PM
Absolutely. Let us take the subject of this very forum, I'll bet there are hundreds or thousands of people here with the depth of knowledge to run rings around every single 'expert' the mainstream media wheels out, even the vaguely impressive ones.
12  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2018, 10:17:17 PM
Who is this mystical Russian creature you are speaking about?

Masterluc of course.

Or Vitas.
13  Bitcoin / Bitcoin Discussion / Re: The Cause behind the Fall on: January 17, 2018, 06:01:17 PM
It's a bubble. It doesn't need news to burst.

A bubble is irrational buying pushing the price far, far higher than it can justify as more people get more excited. As soon as the excitement passes, people wonder just what the hell they poured thousands of whatever into, realise there was no reason to, and then everyone runs to the exits.
14  Bitcoin / Bitcoin Discussion / Re: Private Key to my Bitcoin?? Info needed... on: January 17, 2018, 05:17:26 PM
Ok, sounds a little better already  Wink

One more question for now...

I also red that your wallet automatically makes new bitcoin adresses in your wallet with every transaction you make and that it's safest you use a new receiving bitcoin adress with every transaction...

Now I used the same bitcoin adress twice when I used my Credit Card to buy bitcoins... Now let's say for example you want to sent me bitcoins, can I always use the same bitcoin adress (1f54... for example) or do I make a new one to make it safer? And what's the fastest and safest way to make a new one? And when I do make a new one, is there also a private key to the new bitcoin adress that I have to safe or not?

Like I said before: THANX A BUNCH!!  Cheesy

You can always use the same address if you want. I receive recurring payments to the same address.

The wallet will automatically hide the old address and give you a new one if you've transacted from it, but the old address will receive just fine. You don't have to manually generate a new one. It'll arrive as soon as the previous address sees some use.
15  Bitcoin / Bitcoin Discussion / Re: Private Key to my Bitcoin?? Info needed... on: January 17, 2018, 05:04:06 PM
The 12 words are safely put away already,

That's all you need to secure your funds.
16  Bitcoin / Bitcoin Discussion / Re: Private Key to my Bitcoin?? Info needed... on: January 17, 2018, 04:51:22 PM
Ok, things starting to make a lot more sense  Smiley

So for example if I want to log in into my wallet in another country, let's say with family, I just go to the Blockchain site, and can log into my wallet too with my wallet-ID and password? Offcourse not saving my passwords on there then...

I've read that it's also important to keep your wallet-ID private at all time... is this true? So basically if I log in from anywhere else, I need my wallet ID with me (and my seed?) Or is the seed only for rare occassions, say when I loose the wallet-ID or password?

Just asking this because I now always do it from my own home on my PC...

Thanx for all your answers, really helps a lot!! And I need to learn somehow  Wink  Grin


TownyBE

I haven't used blockchain.info for years but I presume it needs your wallet ID and password and nothing else.

You'll never need the seed for anything other than restoring the wallet if you lose it. It's your backup and nothing else. They shouldn't be stored anywhere a hacker can access them because if they do they can have your coins away.

I store my seeds in an offline computer.
17  Bitcoin / Bitcoin Discussion / Re: Private Key to my Bitcoin?? Info needed... on: January 17, 2018, 04:36:15 PM
Correct. You don't need the wallet ID to restore the wallet elsewhere, only the seed. The ID is specific to that particular wallet. If you can't get into that wallet again then use the seed to make another one.

Anyone from anywhere asking for your private key or seed is looking to steal your money. They don't need it. Store the seed safely offline and your coins will always be safe.
18  Economy / Speculation / Re: Call the Bottom, Bloody Edition on: January 17, 2018, 04:25:11 PM
I have an odd feeling that it will go back to 1100 or so.

And I think the only reason it stays above 1k is because of the whales who will continue to accumulate at ~1k.

In 10 years time, I think BTC will be selling for pennies.

Then for what reason are you wasting your time here? Get rid and trot along to the brighter future awaiting you. It must be a wonderful feeling throwing those shackles away forever.
19  Bitcoin / Bitcoin Discussion / Re: Private Key to my Bitcoin?? Info needed... on: January 17, 2018, 04:14:23 PM
The twelve words you have is a seed. That's a way of generating multiple private keys. A seed is all you need to restore your coins in other wallets as most of them use the same system these days.

Blockchain.info, and most other wallets, are HD wallets, hierarchical deterministic, which means you get a new address with each transaction to increase privacy. The seed is what allows these multiple addresses and private keys in one wallet.

The only time you might need a specific private key for a specific address is to claim a Bitcoin fork that isn't supported by your wallet. You can extract a private key from a seed with this but only ever do it on a machine that'll never go online - https://iancoleman.io/bip39/
20  Economy / Speculation / Re: I will need to get some money out of crypto before end of Feb, sell now or wait? on: January 17, 2018, 04:08:35 PM
Alright, I'll wait then.
I can probably even wait until 5-10th March, but I definitely hope it goes back up by then.

Don't listen to anyone else. Their 'advice' will be tied up in their own hopes and fears. Figure out the most pragmatic option that works for you and execute it.
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