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1421  Other / Beginners & Help / Re: Poll - How did you obtain your first BTC / satoshis? on: June 17, 2020, 01:18:56 PM
Virwox...
I still remember getting payed using paypal for small jobs, and i used virwox to buy linden dollars (at least, that's the name of the digital "token" i remember) on virwox, then exchange those linden dollars to BTC.

It took them several days to approve my account, they charged a deposit fee (iirc), and exchange fee for eur <--> linden dollars, an exchange fee for linden dollars <--> btc and to top it off, a withdrawal fee for BTC.
Also, at any point in the process, it was impossible to trade or withdraw the full amount... So you had to leave some eur, some linden dollars and some btc on virwox.
At least, that's how i remember it.

If memory serves me right, i exchanged like €400 and i finally got €340 in BTC in my wallet... But at that point i think that was allmost a full BTC...

How times are changing. Eventough they ripped me off, i should have converted my full paypal balance, if i did that, by now i would have had enough money to buy a small house...
1422  Economy / Scam Accusations / Re: Bitwings promises smartphone that can mine 2 ETH/month. Ponzi scheme? on: June 17, 2020, 06:11:58 AM
--snip--
Official explanation  would be cloud mining I guess, but they advertise it a phone itself would mine that ETH, even comparing it to the mining rig.


--snip--
This table says it all... If this table is placed on their website, they're trying to scam. A phone with those specs having a hashrate ~3 times higher than a rig with 13 GPU's.... Not even taking into account the ridiculously low power draw...
1423  Economy / Service Announcements / Re: [ANN] tumbler.to | Bitcoin Tumbler & Anonymizer | on: June 16, 2020, 09:02:47 AM

A bit goody? I'd say it's totally ridiculous when their service promote anonymity and claiming no logs.

[Sarcasm]
Sure, but there's still a good sollution for OP: just update your T&C to state that there are no logs kept by the service itself... Sure, the logs are kept by several US based company's, some of which are rumoured to be honeypots for governement agencies... But still, no logs by the service itself...
[/Sarcasm]

Do note the sarcasm wasn't directed towards the previous posters but against whoever decided to include external javascript and include a MITM in their workflow...

Services like this make me tired... I'm just tired of trying to help those new players that want a piece of that sweet mixer-money without properly knowing what they're doing by telling them what's wrong with their service, only to  hear them say "but our competitors are doing it to". (or in this case, make a post and never return afterwards).

Mixing isn't about a fancy design, cool buttons, tons of features... It's about building a secure service, using proper encryption and using a workflow that guarantees there's no link between the funds you deposit to the mixer, and the funds you withdraw... Everything else is just semantics.
I'd be perfectly happy using a mixer that's just a plain white page filled with TL;DR; text without any formatting or pictures as long as the service was setup in a secure way. Nowadays it looks like it's all about flashy pictures, banners, trackers, extra features, bells and whistles... but these guys seem to have little knowledge about what a mixer is supposed to be (and do).

... sigh ...
/Rant
1424  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Blockchain? on: June 12, 2020, 01:42:24 PM
This question has been pondering me for sometime now,

Blockchain technology is revolutionary right? But can blockchain really took off without bitcoin? or are they really interconnected as others may have put it?
So imagine:

1. Bitcoin without Blockchain or;
2. Blockchain without Bitcoin

It's like the Chicken-Egg causality dilemma, which comes first?


bitcoin is built on blockchain technology, it can not be built in it's current form without the underlying technology because it relies on it's features.

Blockchain technology is used in many other projects, even outside the cryptocurrency ecosystem.

1425  Economy / Service Announcements / Re: [ANN] tumbler.to | Bitcoin Tumbler & Anonymizer | on: June 12, 2020, 08:28:28 AM
You're using cloudflare's SSL certificates...

Please read my post here and reconsider your choice afterwards:
https://bitcointalk.org/index.php?topic=5247838.msg54414843#msg54414843

Personally, i wouldn't touch ANY mixer that uses a MITM with a 10 foot pole... No matter how trustworthy, no matter how flashy, no matter how cheap, no matter the feature set...

This being said, i agree with @logfiles, this thread looks like a big self-shilling thread... All newbies vouching for a brand new service is allways a big red flag
1426  Alternate cryptocurrencies / Altcoin Discussion / Re: Record transection fee in ETH network on: June 11, 2020, 07:55:33 AM
There's already a long discussion going on about this topic over here:

https://bitcointalk.org/index.php?topic=5254606.0;topicseen

Maybe it's best to close this topic and keep all discussion in one thread?
1427  Alternate cryptocurrencies / Altcoin Discussion / Re: Someone just paid $2,6M in fees while sending just $133 in ETH on: June 10, 2020, 12:09:08 PM
Source:
https://etherscan.io/tx/0xca8f8c315c8b6c48cee0675677b786d1babe726773829a588efa500b71cbdb65

I am pretty much this was because of fat fingers, but how an earth there's no security measures for this kind of thing? It's 2020 already and after seeing this kind of mistakes, i am pretty sure that ETH adoption is further away. Just one warning message informing about the possible huge mistake could have saved millions for this guy.

shit happens i guess... It isn't the first time tough... For example: https://www.blockchain.com/btc/tx/258478e8b7a3b78301661e78b4f93a792af878b545442498065ab272eaacf035
(there are many, many more... And this one is defenately not the biggest screw-up)

I guess it's the wallet's task to check if a fee isn't outrageous, but i have no idear which popular wallets actually do a quick feecheck before broadcasting a transaction
1428  Other / Beginners & Help / Re: Need help! on: June 09, 2020, 07:40:34 AM
1. Is dice a kind of cryptocurrency?
Yes it is, check this out.
https://coinmarketcap.com/currencies/etheroll
Its ticker is DICE and currently traded on Hitbtc exchange and using erc20 network blockchain.

1.1 if yes, what wallet can I use to store this crypto currency?
You can use mew or any wallet that supports erc20 tokens.


But if you are referring to yobit free dice tokens then its not the one I sent you cause the dice that on CMC has blockchain that you can store somewhere unlike that dice from yobit you that you can only store only on their own website. Its not even a cryptocurrency I guess if its only available on Yobit for trading.
Can I exchange dice from other cryptocurrency? If possible how can I do it? Thank yoi in advance.

Depends, if you mean the dice token listed on coinmarketcap cryptoaddictchie  already answered your question: hitbtc

If it's the "token" from yobit, you'll have to wait until the first of july (apparently), that'll be the day yobit will try to make free money out of thin air... Don't expect to much of this tough, defenately don't buy their token, it has no blockchain, it's not an ERC20 token, it only exists in their relational database so it has nothing to do with real crypto currency...
1429  Bitcoin / Wallet software / Re: Wasabi Wallet 1.0 Is Released on: June 09, 2020, 06:14:24 AM
--snip--

It's already often the case without relevant legislation if there aren't enough hops between a deposit or a withdrawal. They can also just ask everyone for source of funds.

Yeah, i've read similar horror stories aswell. Lucky for me i haven't exchanged crypto<->fiat or fiat<->crypto in a long time. I've also heared horror stories about bitpay aswell, so i now try to stay away from them.

To be honest, most of my funds were exchanged legally in 2014-2016,  from online work i did or from sig campaign earnings... I would have a hard time proving the source of my funds (it has moved wallets soooo many times, forks were claimed, p2pkh => nested segwit => segwit, mixed, coinjoined,...) , so i really dread the day they take my own money hostage.
1430  Bitcoin / Project Development / Re: Help!How can i be listed by "bitcoin.org" on: June 08, 2020, 11:02:54 AM
To bad the price is in yen?

If google is correct, the price seems very low (~22 eur).

Also, will you be releasing your source code? Most reputable (hardware) wallets do release their source, so it can be community vetted for logical flaws, backdoors,...
1431  Bitcoin / Wallet software / Re: Wasabi Wallet 1.0 Is Released on: June 08, 2020, 08:59:27 AM
Europol Euopean Cybercrime Center released report about Wasabi wallet.
Interesting read for sure, but things are not looking good for Wasabi, as they say 30% of deposits are coming from dark web market.
Hint: reading this article you will also found out how to better use Wasabi wallet  Wink

Original document:
https://www.tbstat.com/wp/uploads/2020/06/Europol-Wasabi-Wallet-Report.pdf

Archive:
https://web.archive.org/web/20200606093436/https://www.tbstat.com/wp/uploads/2020/06/Europol-Wasabi-Wallet-Report.pdf

I've been a wasabi user for a long time, and this report actually makes me even more inclined to use my wasabi wallet even more frequently...
They basically say it doesn't look good for law enforcement, so if they don't know how to handle these transactions, i feel rather confident my funds are properly anonimised.

That being said, i do fear that the attention of law enforcement towards coinjoined transactions might end up in some kind of law that forces exchanges or payment providers to either block these funds or make us go trough even more hoops in order to spend our funds.
1432  Economy / Goods / Re: Want to buy laptop with program installed for me. on: June 05, 2020, 01:11:18 PM
So, let me get this right, you want somebody to sell you a used laptop with this tool pre-installed, so you can just click an icon on your desktop to start it:
https://bitcointalk.org/index.php?topic=5214021.0

May i offer you an alternative option instead? Contact Coding Enthusiast (https://bitcointalk.org/index.php?action=profile;u=879277) via PM and ask him how much it would cost for him to compile his tool for windows (i assume you're using windows, right?... If you were using linux, i doubt you would ask somebody to sell you a laptop with the compiled version of this tool pre-installed).
Pay him beforehand, and in full... He's a longtime member, and i'm pretty sure he won't scam you out of $50 (or whatever he's going to ask to compile this tool for you).

The endresult would probably be a standalone executable you can just click... It'll be a lot cheaper, a lot faster, and probably a lot safer than buying somebody's old junk and have it shipped to you just to run a very small executable.
1433  Economy / Web Wallets / Re: wallet identification number is lost on: June 04, 2020, 12:43:52 PM
Thanks for the advice. If I get access back Cry, which wallet do you recommend to use?

Depends greatly on your usecase, technical knowledge and willingless to spend a couple of bucks...

  • An airgapped wallet on an old PC is about the safest you can get, but it'll cost an old pc + a rather steep learning curve
  • A properly generated paper wallet is really good to, but it's not that easy to properly generate a paper wallet (you need the right tools + the correct procedure). Another downside is that if you spend funds from a paper wallet, you should consider the paper wallet to be exposed and you should create a new one afterwards
  • Also a good sollution is to buy a hardware wallet: i prefer and endorse both trezor and ledger... They cost like $70-$140, but they're allmost as safe as an airgapped wallet, and very easy to use
  • If none of the three options above work for you, you might consider a proper desktop wallet. Either core (if you have time and diskspace) or electrum. Do realise that these wallets need to be installed on a secure computer. Don't install a desktop wallet on an pc you use to install pirated games, on an unpatched pc, on a pc without virusscanner, on a pc without firewall

PS: backups, backups, backups Wink Always write down seed phrases and store them securily, if you use a wallet without seed phrase backup your wallet file on a secure (offline) device. Make copy's from paper wallets (laminate them aswell)

PPS: encryption is usually a good thing... Encrypted wallets, bip38 encryption,... The password you enter when encrypting your wallet is what makes it harder for a thief that has had access to your encrypted wallet to rob you...
 
1434  Bitcoin / Bitcoin Discussion / Re: ‘No Message Was Signed’: Craig Wright Refutes Tulip Trust Fabrication on: June 04, 2020, 12:36:44 PM
I don't think the real satoshi will ever step in... If he was interested/alive/available he would have stepped in a long, long time ago.

That being said, i don't think there'll be an end to the story any time soon... Most people actually stop talking when they are proven wrong, a small group just tries to deny they were proven wrong, they threaten the person who proved them wrong, or they just ignore any proof...

I'm not really interested in CW, nor in the politics around these forks... Meh...

(Mocacinno shugs and walks away.........)
1435  Economy / Web Wallets / Re: wallet identification number is lost on: June 04, 2020, 12:32:43 PM
Just to clear any confusion, you do know that bitcointalk is not associated with blockchain.com/.info, right? So this forum is not an official helpdesk. That being said, some people will try to help you out of pure goodwill, others might try to scam you (by asking about your walletid or sending you phishing links).

If you don't get an answer from a trustworthy person, it's probably best to limit yourself to blockchain's official helpdesk, eventough they're not that responsive (or so it seems).

A last piece of advice: switch to a decent wallet if/when you regain access to your account ASAP. Web wallets are one of the worst kinds of wallets...
1436  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How long will Bounty hunters continue to be helpless? on: June 04, 2020, 11:02:13 AM
I've been here for a while, and i've seen the rise (and hopefully the fall) of those bounty campaigns... I know a lot of people won't agree with what i'm about to say, but i'm going to say it anyways...

Let's start by saying I don't have a grudge against "bounty hunters", I know they're people that try to make some beer money, sometimes even considering their bounty hunter activity to be their main source of income. I've also never joined a bounty campaign, and i probably never will, so i don't have a grudge against one specific scam campaign

HOWEVER, if you break it down, a bounty hunter is a person that spams social media and other resources with promo material for a project that's usually pulled out of thin air (having 0 usability). Due to their "work", innocent people fall victim and buy tokens that are worth close to 0 once they can be traded on some dodgy exchange. The end result is: bitcointalk gets spammed with bounty reports and other spam posts that add nothing at all to our community, bitcointalk's resources get used for nothing, innocent people lose money, the crypto community gets a bad name in social media platforms due to the spamming and the scammy tactics of the token owners.

I'd like to see at least 99% of those tokens gone, i'd like to see most bounty hunters either leaving or switching to become actual crypto community members.
1437  Bitcoin / Project Development / Re: Real life use-cases for micropayments on: June 04, 2020, 08:46:09 AM
I think the main problem of this idear at this point is routing. In order to pay somebody for faucet claims or micro tasks using the LN, somebody somewhere must have opened a channel TO the receiver of this micropayments AND this open channel must have funds on the other side (the sender).
It is not likely that the receiver already has a lot of open channels where he can receive payments from (my gut feeling tells me that the typical profile for a micro task executer is somebody does not match with somebody with open channels with funds on the other side of the channel... I can be wrong tough)

If I created a faucet (for example), i would not open channels that are unilaterally funded by me to each faucet user just to be able to pay them.
1000 faucet users * 2 on-chain opening/closing trancactions * 10 sat/byte fee * 120 byte = 0.024 BTC in on-chain fees.. It would take me a lot of time to tally up this amount of fees if i batch the faucet payments and make them on-chain.

My gut feeling tells me that in the starting phase of such a project, you would receive interest from many LN believers that have LN wallets with loads of open channels that have funds on both sides, so those initial (tech savvy, interested) users would have a great time in your micro earning platform... But after the initial hype dies down, and you start to reach your actual target audience, most of the payments would have no route to the receiver, and you'd be forced to open channels with them, talk them into opening channels themselfs and pay for something using the LN or resort to on-chain payments (BTC or alt's)
1438  Bitcoin / Electrum / Re: What is minimum safe amount of fee that can be set manually in Electrum wallet? on: June 03, 2020, 10:30:11 AM
Since you are sending from a Blockchain.com wallet, the option of speeding up your transaction using RBF is not available to you. Who were you sending the coins to? The recipient could perform a CPFP transaction if you are in a hurry for the transaction to confirm, although this will incur a cost. If the transaction is not urgent, then just be patient.
Thanks for your fast and helpful support.
Actually, I wanted to convert some of my BTC to USD through an online exchanger. They gave me a wallet address for sending BTC. I sent them my BTC when it was $10.084! The problem is that BTC fell to $9600 today and my transaction has not been confirmed yet. This long waiting time made some losses for me. I placed my order at $10K but I don't know how much I will receive in my Perfect Money USD account. They should be really generous to calculate my conversion based on yesterday's exchange rates.
Maybe I'm lucky enough and at the time of confirmation, BTC rises again to $10K!

If it was a "traditional" exchange (not an on-the-fly-no-kyc-needed exchange) , usually, you get a deposit address, and as soon as a transaction funding this deposit address is confirmed, they let you trade at current market conditions...

This has it's upside: you can fund the address they generated for you with a tx with a 1 sat/byte fee, it doesn't matter if it takes days (or weeks) to confirm... However, if you chose a low fee and your transaction remains unconfirmed at the "perfect" trading time, you won't be able to make the trade.

Things are a bit different with those on-the-fly exchanges that don't require you to create an account, these exchanges usually give you a limited amount of time to fund the deposit address, but they usually do guarantee a certain exchange rate (albeit, it's usually higher than with the "traditional" exchanges)
1439  Bitcoin / Development & Technical Discussion / Re: Bitcoin Consensus. Posibility that a transaction will never be validated? on: June 02, 2020, 09:03:03 AM
wow. Thank you for the explanation. I did some research to understand what are you saying, because I am new in this and now I have thanks to you a much cleaner image, how it is supposed to work.

one more question: are the transactions picked up by chance from the mempool? Are there any criteria besides the econmic ones?

There used to be other criteria, but nowadays it 99,9% ecomic... The transactions with the highest fee per vbyte of transaction data usually end up in the next block. The biggest exepctions are transactions from pool operators, or people that payed pool operators to include their transactions into the next block.

The other caveat is that pools usually look at the unconfirmed parents of a transaction aswell... For example
Transaction 1 is unconfirmed, you cheaped out on the fee... But you used the output of transaction 1 to create transaction 2. Transaction 2 pays a fee high enough so the fee of transaction 1 + transaction 2 is in the top of the mempool for the combined vsize of transaction 1 + transaction 2. In this case, the miner will usually put transaction 1 and transaction 2 in the block he's trying to solve (cause it makes economic sense: he wants to add the fee of transaction 2 to his coinbase transaction, but he can only do so if he also adds transaction 1 to his block). But a general bystander will just see a transaction with a low fee/vbyte included in the block (transaction 1). This is called a CPFP Smiley
1440  Bitcoin / Development & Technical Discussion / Re: Bitcoin Consensus. Posibility that a transaction will never be validated? on: June 02, 2020, 08:43:04 AM
Firstly let me tell you (very abstractly), how I understood the consenous. If I am wrong, please correct me.

Out there are many miners and each one receive a lot of different transactions, that have to be validated. The one who is faster put all his by others verified transactions into a block.

What if for example my transaction lands by a miner, whose computing power very low is and he will be never able to put my transaction into a block?

Thanks abd best regards

Your transaction does not end in the mempool of the node of one miner... It is broadcasted troughout the network and ends up in the mempool of the nodes of allmost all miners (if the transaction is valid and the fee is high enough to pass the minimum relay fee). This means that if your transaction had a sufficiently high fee and was valid, it should have been in the mempool of the node of whatever miner mines the next block...

It IS possible your transaction never ends up in a block if you were messing with your transaction and it's double-spending unspent outputs that are already used in another (potentially unconfirmed) transaction (unless the rbf flag is set) or if you cheap out on the fee and give no incentive to the miners to add your transaction into the block they're trying to solve (tx's get pruned from the mempool of most nodes after x days, or if the mempool size gets bigger than x mb... Each node can set these variables themselfs) or if it's invalid because of other (not so common) reasons.

That being said, your transaction not getting confirmed is not really the basic defenition of consensus rules... Unless your transaction is rejected BECAUSE it violated the consensus rules offcourse (but this is very uncommon, usually a transaction remains unconfirmed because the fee was to low, or because it was using an unspent output that has been double spent).
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