If you want to diversify, buy ETF, bonds, gold, silver...
Buy other cryptocurrencies is not a diversification


I wrote about it recently

Isn't this risky?

You would be using an unsupported operating system, and unsupported wallet software, in an old hardware which also has no more firm ware support

I understand you may want to use an old phone, but that may be risky for you. You may exposed to Old non bugs and exploits (already known to hackers)

This a good way to detect the most obvious scams.
However, and address may have used for scams before and that scam may not have been listed in that website database yet.

It is a false claim, already discussed a lot here in this forum and iin the whole bitcoin community, especially after mt gox episode.

A wallet is a software or web interface which gives you your private keys. No private keys? Not your coins. Simple as that.

If coinbase ever shuts down, you lose your coins. If some government requires anything, they can freeze your account and so on.
Coinbase is a custodial service, or custodial wallet, whatever...

Blockchain.com is a web wallet.
You hold your privatekeys. The coins are yours. If you lose the keys, they cannot recover. They cannot check or authorize transactions, they can't do anything. They just generate keys and give them to you, and also provide an interface to spend and receive coins. A truly wallet. Forked coins are also yours. Coinbase doesn't have any of that.

Coinbase is not a wallet Little Mouse.
They are an exchange, and they let you hold your funds in their wallet if you wish. It is a custodial service
There are some wallets like blockchain.com, myetherwallet, etc. They are not custodial and doesn't hold your privatekeys.

They are good for adoption and for newbies. They're easy to use. However, they are unsafe for big amounts.

Web walletsare nothing like banks. Coinbase is, because it is not a wallet, but an exchange

I think this is good for bitcoin.
The more bitman fights between themselves, less mining centralization. I hope this co founder makes another company

There are many that were supposed to do that. Icostats, icodrops, etc... However, all of them receive money to give good reviews to shit projects.
And, even if they didn't charge at all, who are those idiots giving reviews? They are just random guys from the internet giving investment advice.

If you want an advice, I can give one for free. Do your own research.
I did mine. I know a good project to invest. Only one: Bitcoin.

You are thinking the wrong way.
Odolvlobo is saying that a predetermined number of bitcoins is going to be produced everyday, not matter the cost. This is a fact, you cannot disagree with it , you can only fail to understand.

However, I partially disagree with him that it doesn't affect the supply. It does, because a lot of bitcoins are mined everyday and they go straight to Exchanges to cover miner's costs. It does affect supply, not entirely, but it does

However the price of any asset is not only determined by it costs or any rational argument you can think about. The price of every asset, like gold, stocks, bitcoins, bonds, etc are determined by the market's sentiment about its future.
Every price of every asset is speculative. This is why you can see sp500 drop 5% in a day for example (because the sentiment about us future changed, not because companies are 5% worse).

The same with Bitcoin, obviously. If energy and hardware costs were the biggest factor to consider when thinking about the price, bitcoin volatility would be minimum


Edit: let me illustrate. Let's suppose there is a huge rumor about a terrorist attack in a hydro dam in China. This would affect all energy cost in China, a big mining farm. However, the energy price is still the same now.

This would certainly affect Bitcoin price. Miners would antecipate themselves and charge more on each Bitcoin mined.
However, China government was fast enough to prevent the attack. Energy cost never changed. Bitcoin price got back to normal, but only after or spiked (due to bad sentiment about the future, which was not confirmed and it came back to normal later. Energy cost never changed, but price did)

Are you trying to say that 21 million bitcoins are a lot?

I disagree with that. There are today near 8 billion people in the world

So, if we make the math, there is 0.002625 Bitcoin for each living person.
However, world population keep growing at exponential rate. Soon it will be less than 0.002 for each

Look at this wikipedia image
https://en.m.wikipedia.org/wiki/World_population

Firat of all, don't respond to any pm. All discussions should be public.

Second: be sure you are not using a fake Electrum. Uninstall yours and download it from electrum.org (the only website)

Insert your seeds and try again.

I used Lightning network once on mainnet, with LoyceV, just for testing.

Based on my experience the main problem is related to poor fee customization and lack of control over the channel using Eclair wallet.
Eclair charged me a lot of fees to open/close the channel. It didn't say how much it was going to cost, it had just a "high" and "low" priority, or "consensual" or "unilateral" close, something like that. I choose the lower fee, and even so I paid a lot in fees (0.000448‬ in total)
 Once we have better wallet software, those are not going to be problems anymore.

Lol

Some moderator please  move this topic to altcoin discussion board, where it belongs.

I don't know exactly how this works, but segwit also fixed some problems related to malleability in the Bitcoin network.

Without segwit lightning network would not be possible. This is why bch doesn't have a solution like the lightning network (bch was against segwit implementation)
https://bitcointechtalk.com/transaction-malleability-explained-b7e240236fc7?gi=e618b3724819

A multi millionaire forum would risk its reputation for extra revenue? Supporting an altcoin which could become a scam in a near future?

You should always try to balance extra revenue with risks involved. Not every extra revenue is welcome.
Do you think it would be good to have all kind of Google ads here? Theymos could do that and receive lots of extra revenue x for example. Why doesn't he do it? Because it is against forum principles. Like your idea.

And it would risk forum's reputation and theymos' as well.

For example, let's suppose you have a job. If you start working elsewhere for an extra revenue, it is a bad idea if it put your current job at risky. Simple as that. Specially for a few pennies.

I didn't know about this history.
Are there any reference of this event here in bitcointalk forum? Something written by Satoshi?

That hacker is not so evil. He exposed the bug in a time when things could be easily fixed. Thank God that happened long ago, and not recently.

The "privacy" browser demands kyc for publishers to receive their cryptocurrency
I think this incoherence is enough reason for theymos to avoid supporting such project.
And this is a Bitcoin forum. This forum has more than enough bitcoins, there is no reason to risk the forum and theymos' reputation supporting such a project

Personally, I see no reason to participate.
If they had new coins support (like forks on a fork season) or some other benefit...
But just to download a beta firmware on my device. That's not very attractive idea.

I know people who made money on those schemes. However, they are very risky and most  people don't make any money. Quite the opposite, they lose.

And those who make money make a small 3-5% and sell.

There is no easy money or quick rich scheme without risks. And they aren't worth, most of time.

There are even online tools that allows you to automatically trace all addresses that were used together in a same transaction, proving that the user hold all those private keys
Check this tool

https://www.walletexplorer.com/

If you paste an address there, you will see all other connected addresses

Yes ofc.
It is even possible to burn coins.


Casper suggests that. Stakers could be rewarded just by fees, and some of those fees even be burned, reducing the total supply over time. This is suggested by vitalik.

https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ