Oh well I guess that's that. No Legendary for me now.
w00t! w00t! w00t!  |
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Apparently most of the mempool size was caused by Coinbase and other large-volume exchanges. Segwit may be part of the the mempool reduction but the main reason is batching transactions every few minutes instead of transmitting every transaction instantly.
The drop in mempool and fees is most likely due to a single, large exchange adopting more efficient transaction methods.
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I'm totally against legalization by any government. Bitcoin is an enabler for libertarian principles. Once government gets involved Bitcoin is no longer a tool of freedom, it's a tool by governments for control and oppression.
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If you imported keys into your wallet on PC #1 then those aren't covered by the seed. So if you create a wallet with the seed on PC #2 you won't see the BTC from the keys you imported on PC #1. You'll have to import the private keys on PC #2 as well.
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Oh well I guess that's that. No Legendary for me now.
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so your telling me to send $16 in bitcoin its going to cost $16? i dont think so
You'd better think so. The mining fees have nothing to do with the value against the USD. The fees are Satoshis/byte. The number of bytes depends on the number of inputs in the transaction. If your 0.0009445 BTC was collected from e.g. faucets then you have many small inputs that make it up. More inputs = more bytes in the transaction. You're right to be frustrated but it's the way things are right now due to heavy traffic. |
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If nothing changes, then why are the proponents of the repeal so happy? If nothing changes, then why did they want to get rid of net neutrality?
Here's what it comes down to: Federal regulation vs free enterprise. The internet was already neutral before Obama decided to make it a regulated utility like a railroad. The proponents of the repeal are happy because it's back to free enterprise, which is a good thing. And the internet is staying neutral anyway. The (loud) supporters of Obama's regulations probably just hate Trump so much that everything he does is wrong. Period. We live in a highly polarized political climate right now. |
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No dick contest, but simple facts. Send your encrypted wallet.dat to your own email address and feel free to do whatever you want. It is as secure as you want it to be and there will be no questions at all at any border.
I probably didn't express myself clearly enough. You're right, a sufficiently well-encrypted wallet.dat file is safe. But doing this alone is not a panacea to your security problems. And your assertion "there will be no questions at all at any border" is only speculation. If you're a European who's used to crossing European borders all the time then maybe you're right. Entering the US is a whole different matter and can be downright draconian. Making assumptions about US Customs is a big mistake. |
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Send your wallet.dat by email. This way you don't need to carry anything
OMFG. What horrible advice. Explain. No problem. Your wallet.dat contains your secret keys. Your secret keys are the keys to your Bitcoin wealth and need to be protected. The best protection is a paper wallet or a whole-drive encrypted computer - preferably Linux. If your wallet.dat file is sitting in your inbox on some server it is *extremely* vulnerable to being found and copied. Then it's game over. You have absolutely no way of knowing how protected the mail server is or how honest the sysadmin is. It's a crap shoot. How about encrypting the wallet with a strong password? You have so many posts, but you don't know, that you can protect your wallet with on board encryption, or if you want a second layer you put a GPG encryption on top. With that your knowledge EVERY of your wallets is at risk. You should immediately encrypt your wallet, because NOBODY will be able to take your Bitcoins then. Not even a sysadmin or a hacker or anybody else. I can send you my filled wallet.dat and you will not be able to do more than 'view only'. I can even post it here if you want. We can make a bet: If you can't get the private key of a wallet with 2 BTC within a certain time frame, you pay me 1 BTC. Deal? Come now, let's not engage in personal attacks and dick measuring contests. There are 2 main problems with the OP of this thread: Preventing your Bitcoin from being stolen and avoiding being detained at the border. If you're looking for maximum security (and minimizing LE interaction) it's common knowledge that a layered approach is best: - Why are you carrying all your Bitcoin with you internationally? Are you planning on using it all? If you're planning on using *some* Bitcoin, only take as much with you as you need. Don't carry your entire hoard with you at all times.
- Your main Bitcoin hoard should be stored in an offline wallet. If you think you might need to spend some of it, move some BTC to a hot wallet. If it's stolen (or seized) at least the damage is limited.
- When you cross borders, especially into the US, you're subject to search. This includes your phone and computer and yes, you'll be required to unlock it for the officer to poke around. It's best to have *nothing* interesting on the phone/computer at all.
- Of course you can store an encrypted wallet.dat on a cloud server. Is there evidence of your cloud storage on your compter? If so the customs officer could require you to open that and explain what's there. Yes, it sound unfair and a violation of your rights but almost anything goes at the border.
- Do you know how you'll answer customs questions about how much money you're carrying, or if you have Bitcoin? Plausible deniability is the key. If you lie but there's a Bitcoin client on your computer then you could be held at the border. Better to have *nothing* that might raise questions on your computer and then deny all knowledge of Bitcoin. Do not underestimate customs officers. They are basically like police, trained to tell when people are honest, lying, or hiding something. If they can't figure out something on your computer and you're being evasive, you *will* be detained while an IT inspector is brought in to look at your computer.
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Hopefully that coinig.com web site doesn't disappear one day. |
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Send your wallet.dat by email. This way you don't need to carry anything
OMFG. What horrible advice. Explain. No problem. Your wallet.dat contains your secret keys. Your secret keys are the keys to your Bitcoin wealth and need to be protected. The best protection is a paper wallet or a whole-drive encrypted computer - preferably Linux. If your wallet.dat file is sitting in your inbox on some server it is *extremely* vulnerable to being found and copied. Then it's game over. You have absolutely no way of knowing how protected the mail server is or how honest the sysadmin is. It's a crap shoot. |
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Transactions have basically ground to a halt on the Bitcoin network. The backlog of unconfirmed transactions has hit record highs and is creeping higher.
What makes you think you'd be able to do anything with $1,000,000/BTC when it's completely clogged up at $16,000/BTC? What do you think the fees will be then?
Don't bother suggesting Lightning Network will save us. It won't.
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Send your wallet.dat by email. This way you don't need to carry anything
OMFG. What horrible advice. |
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Here's how the net neutrality repeal will play out: nothing will happen and nobody will notice any difference.
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I agree with your sentiment. The root cause of shit-posting is the monetization of posts by signature campaigns.
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Of course Bitcoin is dangerous and that's good!
Bitcoin is disruptive to the status quo just like all successful ventures. Disruption leads to the destruction of stodgy, moth-eaten institutions that are no longer relevant. Yes, that's very dangerous.
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The "fresh peak" OP refers to is also known as the "wall of worry".
Now that a futures market is in play Bitcoin isn't going to sail through $20,000 without hesitation like it did at $10,000.
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