https://blockstream.com/2020/06/16/en-esplora-and-other-alternatives-to-electrumx/By default, the Electrum wallet app connects to a random set of Electrum servers. This is not great from a privacy perspective because it announces your wallet’s addresses and balances to unknown third parties. And it’s well known that, unfortunately, many public Electrum servers are run by blockchain analysis companies and worse. So if you’re using an Electrum wallet, we generally recommend that you run your own Electrum server and connect your wallet to that instead.
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That is because we just moved into a new 2016 blocks ‘difficulty period’. |
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Define risk. There for example is quite some risk getting more dollars for your bitcoin at a future date.
Some people don’t like taking that risk.
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[...]
Plausible deniability, as it applies here, is the ability to plausibly deny ownership of your Bitcoin when required to reveal your stash (legally, or by force).
[...]
With Trezor (and Ledger, etc.), in addition to the 24 words that make up your seed, you are allowed to enter another (25th) passphrase (word, sentence, any alphanumeric string). This will result in a wallet (key) that is totally different to the one without the 25th passphrase.
[...]
Great write-up AlcoHoDL, nothing to add. But perhaps interesting for those now considering (multiple) passphrases: This table shows how much it would cost to break your passphrase today and in 2030, depending on the length and method you use: https://blog.trezor.io/is-your-passphrase-strong-enough-d687f44c63af |
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Yes, I give 80% to no 100K in 2021 and, hence, invalidation of S2F model, but not S2FX model.
Hang on, his S2F model never showed 100k in 2021. It showed 100k by 2024. That is vastly different. Sure if it followed 2017 pattern, peak might be 2021, but PlanB never claimed that. At least not to my knowledge. From the first article, which I believe PlanB adjusted upwards later on: The predicted market value for bitcoin after May 2020 halving is $1trn, which translates in a bitcoin price of $55,000. That is quite spectacular. I guess time will tell and we will probably know one or two years after the halving, in 2020 or 2021. A great out of sample test of this hypothesis and model.
Link to the other two articles and various podcast appearances: https://100trillionusd.github.io/ |
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The creation of wallets on computers, using of printers, etc. is potentially a risk if they fall into hacker's hands. Using the phone to take the picture of your paper seed and paste it in the app is also a risk. The pics may be uploaded in the cloud, etc. Typing your seed on a computer also is a risk of course. You never know what the trojans are capable of. There are hundreds of other risks related to router hacks, etc. I really don't see how one can claim paper wallets are 100% safe.
I would never use an internet-capable computer to create an address. I also am aware that print spoolers can be hacked so I use a printer that has never been, nor will ever be connected to an internet-capable computer. Nothing is 100% safe. Paper can be stolen or lost in fires or other disasters, whether it's keys or seeds. Same with devices can also fail. Anything online is of course extra unsafe. Splitting your keys, encrypting them, duplicating them, and keeping them in multiple off-site locations is as close to 100% safe as you can get. Still need to trust the software generating the private keys. A number of browser based 'paper wallet generators', which can be run offline, have had security issues (no true randomness, etc). Are you using Bitcoin Core? Guess that should be considered safe, after verifying the hash of the download. |
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About forks (click to enlarge): GNU/Linux Distributions Timeline Version 19.04 |
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Seems like the Nasdaq is correlated to Bitcoin. |
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9173 more than 2% in profit now
Good luck, honestly. (ever wondered why there are so few newbie accounts posting in the WO?) |
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[...] In other words, fuck these claims about manipulation, and sure they are going to do it and sure they are going to try, and sure we are going to find out if they are going to be able to suppress bitcoin similarly to the ways that they have been able to suppress gold and silver, and my hunch is that they are going to be in for a rude awakening at some point, even if they might have some temporary bouts of success to temporarily manipulate bitcoin, but in the end, there is likely ONLY so much manipulation that they are going to able to achieve with king daddy...
[...]
Proof of keys fixed this, can’t do that with gold. Anyone ‘storing’ their bitcoins on an exchange potentially contributes to the manipulation. Take back control of your private keys and let’s see who is swimming naked. |
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https://blog.kraken.com/post/5238/make-or-break-kraken-releases-may-2020-bitcoin-volatility-report/Kraken Intelligence, our team of in-house research experts, has released its Bitcoin Volatility Report for May 2020. Key Takeaways:
- In May, Bitcoin climbed back above $10,000 for the first time in 10 weeks and set an intra-month high of $10,080 before finishing the month up +10% at $9,447.
- The month concluded with Bitcoin’s rolling 30-day correlation with the S&P 500 falling to 0.13. At the same time, its correlation with gold stood strong at 0.50, supporting claims the asset is acting as an alternative store of value and an uncorrelated asset with respect to risk-on assets.
- With June typically being more volatile than May (generating an average and median return of +14% and +18%, respectively), Bitcoin could continue trending higher amid a revival in market volatility.
- Bitcoin’s 7-day average mempool transaction count further hit its highest level in more than 28 months in late May, suggesting higher volatility in the weeks ahead given historical trends.
- For five consecutive weeks, Bitcoin has tested the resistance of a multi-year pennant pattern formation. With Bitcoin holding near resistance, June could bring a break or rejection that translates to increased volatility.
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The BRRRR meme goes all the way back to the 1800s when Lincoln issued the greenback to help fight the civil war. It was a fiat currency, not backed by gold. #Bitcoin BTC https://twitter.com/bradmillscan/status/1270123986412765186?s=20On the other hand let them Brrrr the machines, so BTC can go to 6-7 figures more fast as its already doing  6-7 figures of what? That is the question... 1 BTC = 1 BTC. So 9 figures it is. |
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Hertz, which went bankrupt recently, is now trading higher than before it went bankrupt. The price hikes among the bankrupt include:
- Hertz, which climbed 95% since it filed bankruptcy on May 22
- J.C. Penney, up 167% since May 15
- Whiting Petroleum, up 835% since April 1
- Pier 1 Imports Inc. more than doubled in the last two trading sessions, though it’s still down 97% since filing for bankruptcy on Feb. 17
Companies that have begun planning for bankruptcy also saw their shares surge Monday, including:
- Chesapeake Energy Corp. jumped 182%
- GNC Holdings Inc. rose 106%
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Can someone recommend me a portfolio tracker for Smartphone (iOS or Android) ?
Blockfolio is a popular app. https://blockfolio.com/People’s math skills are apparently not what it used to be: BTC x $, done. No need to install a privacy intruding app. This as well encourages stacking a bit more Sats getting to the next round figure, so you can do the calculation Even more easily by head. Have ten bitcoins instead of one? Just add a zero. |
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I am back in the 100 million club. May I post again?  Congratulations Mindrust. Now hold on to that bitcoin no matter what, mentally write those dollars invested off. Keep it for 20+ years in deep frozen storage, future Mindrust will be proud of yourself. |
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Just open blockchain explorer. You will see then why Bitcoin is not fungible.
Bitcoin is fungible. Any wallet can send/receive bitcoins to/from any other wallet. Any sort of "unfungibility" is outside the bitcoin protocol. True. Unfortunately the real world matters though: Any sort of “value” is outside the Bitcoin protocol as well. Fungability is a concern and I am glad the topic is on the (development) agenda. |
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