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Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world.
Bitcoin is not the oldest cryptocurrency. The Bitcoin Origins - Explore Bitcoin History and SecretsHas a large price volatility making it too unpredictable to be used as a currency.
It is an asset storage and far from a currency. People also are in love with Bitcoin volatility. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.
Fails in trade can be your bad trading orders or problems from exchanges when price is crashing. What are issues of Bitcoin that you implied here?
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China bans bitcoin again in 2021. Another fud in the bull run. How many times China bans Bitcoin? They've never accepted Bitcoin. LOL, bad FUD.
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Address: 1BAjcdGvr48opEZCUtg5ZtXnfVyeDj6LUa Message: I’m hatakeyudu, it's 12/20/2020 and I can sign a message. Signature: H1q2ZOgTMErsm+5OrGcM9fE/AjPAtaNCdF9/kN+kJyNbV0qo31goSrZVgQ7jaFXdAJA2gG/ugHB2aVkEf7j7VV4=
Thank you.
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This is really bad advice. Site like this often exist only to get your private data so active email address that you checking. Better method is to register with new email on every new website. So for example you use: peter@gmail.com (as personal email but you want to register on coinbase and gemini exchange) peter_gemini@gmail.com (create filter to redirect all emails to peter@gmail.com) peter_coinbase@gmail.com (create filter to redirect all emails to peter@gmail.com) Then you use one email, but you are 100% sure from which service (email) you start to receive spam. I imagine there are people who will setup their email password this way: peter@gmail.com: passphrase A + (@gmail or _gmail or gmail) peter_gemini@gmail.com: passphrase A + (@gemini or _gemini or gemini) peter_coinbase@gmail.com: passphrase A + (@coinbase or _coinbase or coinbase) This is a very terrible method to setup password. The better method is using randomly created passwords. Thank your the opportunity. Stay safe!
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I don't want to be rude but things I must say is dude, learn the basic, I mean very basic or ABC of trading. This is very normal things which everyone should know before they even plan to trade. As long as, your order isn’t filled, you realized no profit/loss but your BTC value changes.
Crypto market is not a heaven place and not an easy market to enjoy. Newbies can make it easier and safer by invest not by trade. As simple as that, invest bitcoin brings you profits. Trade bitcoin and trade with leverage will kill you. Know what you are doing and take care of your orders.
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I know that the private key is important. Lose it, I will lose my bitcoin.
I download Bitcoin Core, install it and get my wallet but I don't know how to dump my private key in my wallet.
I search and see a command dumpprivkey address, it can be used but if I have 100 bitcoin addresses and each one have bitcoin, what to do?
Use the command 100 times is not a good idea because with the 100 times I can make mistakes.
Thank you and happy weekend.
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Phishing Email has been one of the favorite attack of hackers, and it's that way because it's really easy to attack tons of users at the same time. And that kind of attack are about probability... i mean the 0.01% will hit the bait, so, if the attacker sends a mail to 10000 users at least 1 will get scammed, so, what happens if the attack goes to 1M users. So, be careful with mail and never open a link from there.
Phishing emails lead to phishing sites, fake applications and scam requirements on private keys, mnemonic seeds to get supports or scam giveaway (send first and get more fund back). I have a question on phishing sites. What will happen if I visit a phishing site and log in my account on phishing site. I know they steal my password, account details but if I have 2FA for my account, will they be able to steal my fund? I think they can not because they won't be able to steal my 2FA that is on my phone.
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Stable coins are created and minted for many purposes and not only to help price of bitcoin.
Stable coins can be used to buy many coins or tokens on the market, from bitcoin to top altcoins and shit altcoins or shit tokens.
Stable coins are risky assets because they can be frozen by governments even you own it in your own wallets.
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About Public key and private key, can hackers steal private key from public key? I am noob so please forgive me if my question is stupid.
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This is really bad advice. Site like this often exist only to get your private data so active email address that you checking. Better method is to register with new email on every new website. So for example you use: peter@gmail.com (as personal email but you want to register on coinbase and gemini exchange) peter_gemini@gmail.com (create filter to redirect all emails to peter@gmail.com) peter_coinbase@gmail.com (create filter to redirect all emails to peter@gmail.com) Then you use one email, but you are 100% sure from which service (email) you start to receive spam. I imagine there are people who will setup their email password this way: peter@gmail.com: passphrase A + (@gmail or _gmail or gmail) peter_gemini@gmail.com: passphrase A + (@gemini or _gemini or gemini) peter_coinbase@gmail.com: passphrase A + (@coinbase or _coinbase or coinbase) This is a very terrible method to setup password. The better method is using randomly created passwords.
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Which wallet are you using?
seed is everything you need to recover your funds on most wallets.
Just note it down on a piece of paper and recover itusign the same wallet software or another one if they both use bip39 seed..
If you are using some other wallet that generate a wallet file and you encrypt that file, you need to know the password to decrypt it.
I strongly suggest that you use Electrum.org wallet or some other wallet that supports bip39 seed, because it is much simpler to back up and recover it than dealing with files and encryption (in my opinion)
Thank you, I use Electrum. From all your post and others' so far, it seems that I can recover my wallet with seeds on any other devices. Backup files and password of backup files are only helpful if I lost seeds, but still have access to backup files & passwords of those files. Do I understand it correctly.
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Hello,
I am newbie, and I try to read documents on bitcoin, how to keep my fund safe with seeds, and backup files. However, there is one point I don't really understand.
If I have a bitcoin wallet, I save its seeds, then encrypt that wallet. Later on, I do its backup (after encrypt that wallet). So, what will happen if some months later, I lose the wallet backup, then I will have to start from scratch with seeds only. Will I be able to fully recover my funds?
If yes, I have one more question. Passwords of wallet is only needed if I recover my funds from wallet's backup files, right?
Thank you for help me with this nooby question.
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