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Cryptocurrencies are not harmful for economies, but for governments monopoly of controlling money
They can also be used to avoid taxes and money laundry. However, a bad use is not a reason to ban legitimate uses of cryptocurrencies in my opinion.
Anyway, I don't know for sure any country which banned people from buying BTC. Do you know any?
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Guiding people on your local board forum always become the best way if you want to get more merit.
This is true only for certain local boards. I know some of them are a merit fest, but some are not. Portuguese local lacks merits for example... But anyway if you have good English and are willing to help and learn, you will build a nice rep and ranking up will be inevitable |
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Wait there is no limit to wallets you can download? I thought there was limit? No. You can install/uninstall how many times you want. Okay let say i own 2 coins now. Bitcoin and bitcoin cash. I have those wallets installed. Now i download bitcoin gold, litecoin, waves. No problem there. But when i send from exchange to nano ledger s, there is no problem receiving with each one correct? You don't even need ledger nano to receive coins. You may lose the device and it doesn't matter, you just need the seed to recover the coins later on any other wallet So yes you don't need anything installed to receive The thing is if you have like 10 different apps installed, wouldn't that mean you have to delete at least 5 of the apps each time you send? What about receive? But only if all these 10 apps have coins? What if 10 apps... only 6 have coins? It doesn't matter the balance. You can only have 3 apps installed. What is so hard to understand here? So your first sentence here is wrong, you can't have 10 apps installed. So if you use waves wallet together with your nano ledger s... does your waves wallet seed matter anymore or not? Because if you are using waves wallet with nano ledger s, wouldn't that mean your waves wallet seed mean nothing anymore? Wait waves wallet is not watching only... but electrum is? So that means if you use waves wallet with nano ledger s, what is the purpose of it if its not watching only? I was told watching only means you can only look at it, but not send coins... but this was with electrum.
Watching only means you don't have the private key. You can create a watching only wallet of whatever coin you wish, it just means the funds are not yours. If you have a watching only wallet you were scammed. People use watch only wallets just to keep track on their balance on unsafe devices . This has nothing to do with waves, Electrum or ledger nano. I suggest that you read more and write less.
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Okay but how many wallets can you use and keep them at once? You can have as many wallets as you want, and you will keep them all at once. But let say you own bitcoin, bitcoin cash, bitcoin gold, lisk, waves, neo, litecoin. You then send coins from exchange to these wallets. But can you access all these coin wallets whenever you want? Or you need to delete one of them and then install another one?
Yes , you canacesss them whenever you want. You just need to delete one of themand install another, it takes literally 5 seconds. I don't know why people make such a big deal for those 5 seconds. Install/uninstall will not affect your funds. It is a very fast and easy process. And you won't be managing your access a lot(if you are, you are doing something wrong. ) But everytime i want to send bitcoin for example, i need to delete a few of the other wallets because of the limit?
If you send Bitcoin a lot, just keep it installed
If you use waves wallet with nano ledger s... waves wallet will act as the watching wallet. So that would mean anyone that has your waves wallet 12 word phrase... that is completely useless? Since the waves is used with the nano ledger s? Thus you move waves to nano ledger s... now your waves phrase is no use?
Never give your seed to anyone. Nobody should have your words. All of your wallets /coins will share the same seed. Anno waves is not watching only. |
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Don't worry, your funds are probably safe.
Do you have your seed (12-24 words)? With the seed, you can just import your funds to a better wallet, such as Electrum.org
If you are worried about your balance, do you know what are your public addresses?
Just go to blockchain.com and paste your public addresses there. You will see your balance.
Armory, or any other wallet, is just an interface to see your funds and spend them. But you don't need that wallet, it can be any other. You just need your seed.
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Your text a bit confused... Bitcoin SV is a Bitcoin Cash (BCH) Fork. In other word, did you have BCH when the BSV fork took place? It was in November 15 of 2018. You need to have BCH in your wallet by that date. Did you have it, or did you already traded it to BTC by that time? If you want to claim SV fork you need to be cautious, because BSV doesn't have replay protection, so you can spend both your coins without noticing. I don't know exactly how do you claim it, but Coinomi Wallet does support both forks and I thnk it is safe to claim from there (I would try in coinomi). I found this link from Coinomi about this: About replay protection:There is no replay protection between the BCH (ABC) and the BSV chains. This means that, unless you properly "split" your coins, transactions you make with one of those coins will also be made on the other. Sending unsplit BCH will result in the same amount of BSV being sent to the same address (and vice-versa). The receiving wallet may not be prepared to accept BSV into their address, so there is a possibility of loss of BSV coins. This is not an issue specific to Coinomi, as any other wallet you use is under the same risk. How to split coins:
Splitting is only necessary if you had a positive BCH balance on November 15th 2018. If you received either BCH or BSV after that date, they are most likely already split. Receive a new deposit into your BCH wallet of BCH that is already split. The easiest way is to receive BCH from an exchange. After transaction from (1) is confirmed, copy your current BCH "receive" address and send your full BCH balance to it. Done. This should be enough for your coins to be split. This process only has to be done once. After your coins are split, they are split forever, and further deposits you receive will also most likely already be split.
How to claim BSV coins:Only do this if your coins are already split, otherwise the transaction will happen with both coins. ................... https://coinomi.freshdesk.com/support/solutions/articles/29000026274-bch-abc-bsv-fork-information-splitting |
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In other others, just organizing what others said before: Every transaction you received creates an input. IF you received btc 4 times, 0.25 each, you will have 1 BTC total, but 4 inputs. Every address that you want to send BTC will be one output in your transaction. usually you will have 2 outputs, one for your destination and one back to you, as a change address (because inputs are not divisible). The total size of your transaction will be determined by the number of inputs and outputs. For example, if you want to send 0.3 BTC, you will have 2 inputs (0.25 btc each) and 2 outputs (0.3 destination and 0.2 back to you as change). You can simulate the total cost of your transactions here: https://www.buybitcoinworldwide.com/fee-calculator/ |
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Kinda makes me feel like a bought/hacked account although I cannot prove that either. 1H2ENE2MFSCYKcj8vSxqUCM8acHEGhKRmh @lixer can you sign a message from this address? Same address on your profile and also used in august 2017 Anyone else have any thoughts on this? This would be interesting to see. Because it is very strange that a user just wake up after some months inactive. It may be a hacked/bought account. He even used the account a few times after the neg trust, and decided just to question it now, 2 years later? I agree the tag should be removed, but this is kind of odd. |
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Not to mention the 'lack of space' thing on Ledger Nano S and removal of option to sign a message,
it will not be even possible to install FIDO U2F if you have 2 or 3 coins in portfolio.
Scary stuff
There is a lot of misinformation here. First of all, ledger nano S can sign messages. I really don't know what you are talking about. I signed messages using Electrum, Mycrypto, Myetherwallet... And you can use more than 20 coins in your portfolio. Just uninstall your App inside the ledger device and install again when you need to use again. |
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My advice is: invest 100% of what you have in BTC
If I have done that, I would have much more money in my portfolio now. Every coin , even ethereum and ripple, in the long term have a worst performance than BTC.
You may get lucky and get some coin with a huge pump, but that's like gambling
Just go 100% BTC and you will be fine in long term.
A 100% BTC portfolio have a better performance than 99% portfolios out there.
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I recovered my bcd about a year ago using a wallet called atomic wallet.
By the time I didn't trust that Electrum diamond, because I read much bad stuff about it. Maybe there is a new version now, but mli had no problems with atomic wallet. They even have some more forks that you can claim too (probably all worthless now)
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SO don't use Authy if you want access to your TOTP codes, you'll thank me later.
Google authenticathor doesn't support this as well. I didn't knew bitwarden allowed. But you can always check the keys on the origina website where you activated the 2fa, and with Authy you won't have problems accessing those accounts. |
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Both are same because your input will be the same here. In both case, input is 2, So, fee will not have any affect. I might be wrong, let's see an answer from SR member.
You are right. You can estimate your fees here ( https://www.buybitcoinworldwide.com/fee-calculator/), according to how many inputs and outputs you have in a transaction. Number of addresses doesn't matter, as long as they are in the same wallet (i.e. both private keys in the same wallet). If they are on different wallets you need to make 2 transactions., which will be more expensive. |
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Are they using centralized servers or not? If the answer is YES, then I think we do need them. btw did you mean Bitcoin should be DEcentralized  or centralized like you wrote ? PS I tried Authy. For desktop I am using WinAuth at the moment Thanks for the correction lol decentralized ofc. Authy is better than winauthy imo. Give it a try. They use centralized services, ofc. This is not a problem to security imo. |
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You know that binance can be used without any KYC until you reach 2 BTC withdrawal limit, right?
It is pretty secure exchange, so I think you should use it until you reach your limit, and only then try those shady exchanges mentioned in this topic.
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If you know any other working alternative for google 2fa please write below.
I would love to explore this topic.
To use a good 2Fa service you don't need Google Authenticathor or any other Google service. There is a better application called Authy. I wrote about it some time ago. Also, i don`t think decentrralization is useful here. Bitcoin should be centralized decentralized , but a 2FA software doesn't need to be decentralized... But one thing that many people do not know is the fact that Google Authenticator (GA) does not save your 2FA accounts in your google account. So if you lose your phone you lose access to all accounts linked to your GA (unless the site has some additional recovery mechanism).So if you use GA it is worth taking at least one of these two precautions: -You should always note the key when registering an 2FA account. Few people realize, but there is always a sequence of numbers below the QR code (or somewhere else on the website) when you register that account on your GA. - Register the account on another device, such as a tablet. An excellent alternative to GA is Authy app. This program works just like GA, but it saves your access accounts. That way, if you lose your cell phone, that's okay, as your data is backed up in the cloud. Authy has an option to prohibit the registration of new devices. So if someone steals your Auth password, they can not add an additional device, unless if an authorized device allows the registration of new devices to your account. -snip- Edit 2: You can also try Yubico, a USD stick authentication device. It is a more secure and better solution, however it has a cost (20-60 usd) https://www.yubico.com/why-yubico/for-individuals/ |
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The term "custodial wallet" is contradictory to me. I don't think a service that doesn't provide private keys can be called a walllet. They are just an exchange holding funds |
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I don't agree, for many reasons. First of all, this is not the same wallet I suggested. Coinomi desktop wallet was released this year, 2019, and I suggested their mobile version, which doesn't have this vulnerability and never had, and is working since 2013 (not sure, but close to that) The guy you mentioned on the topic just put his life savings(60-70k USD) in a new wallet, which was just released less than a month before. Why didn't he use ledger nano? He was imprudent. Also, the op asked here for a multicurrency desktop wallet. Your suggestion, myetherwallet, is not mobile wallet, it is not multicurrency. Which multicurrency wallet for mobile would you suggest? As OmegaScream said, they are all closed source. I think coinomi is still the best, because that vulnerability didn't happen in their mobile. Also, nobody should put more than your smartphone is worth in a mobile wallet, imo |
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I definitely wouldn't use some browser-in-built password manager.
Why not? Firefox has a masterpassword, so my password will be encrypted as well. Is it because it cannot generate new passwords randomly? This is something I did not like, and in addition to that I did not know how safe is to save my passwords in browser, so I decide to stop with that practice. I may be old-fashioned, but paper is still best option for such data.
But you will end up repeating a lot of passwords this way, and it is much more uncomfortable to reach your paper. Storing passwords in cloud is very comfortable as you can access your passwords on the phone, tablet, other computer you trust (like at work) etc Thanks everyone for the answers, i will probably use keepass  |
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