Bitcoin Forum
May 07, 2024, 07:43:01 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 [20] 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 ... 600 »
381  Bitcoin / Development & Technical Discussion / Re: What's the faith of zeroconf Merchants ? on: December 05, 2022, 01:35:39 PM
They'll likely just change how their system works to handle deposits. If zeroconf goes, they could use lightning for small deposits (I think zeroconf deposits are normally limited to what the service can allow both by User and by the whole service). There's a chance some services might come out too to offer similar systems to banking but for crypto payments (like faucetbox/faucethub but much broader - this could already be a thing and I've just missed it).

Last time it was brought up by a gambling site, they said you'd need 3-5% of hash power minimum to succeed in an attack (you'd probably need more if there was a fee restriction though so it gets mined in the next block).
382  Economy / Services / Re: Looking for developer on: December 04, 2022, 11:42:18 PM
Do you know the specific strategies you want to implement or would you want it more generic (ie placing bets when the gap is 5%+ - that'd likely be something configurable I'm just using it as an example)? The complexity of the algorithm you want to be coded will change how much you would expect to pay (a quick search brought me to Midas).

383  Alternate cryptocurrencies / Altcoin Discussion / Re: The goodness of long-term investing in cryptocurrency on: December 04, 2022, 11:06:14 AM
There's still a hit of risk if you go for the lower end of the amount of time you invest imo (unless you're always waiting for a profit, 3 year and 4 year timeframes can bring losses (if you buy an all time high - normally around the time bitcoin enters the news).

No altcoin will be as safe of an investment as bitcoin too.
It's also handy to use what you've invested in if you can or stay up to date on any critical news about it must in case something big happens that needs your response - but I'd d doubt that'll happen.
384  Other / Serious discussion / Re: Why are people and things forgotten so soon? on: December 04, 2022, 03:39:09 AM
I think your post is fine here.

In terms of people a lot aren't remembered well to begin with here (username placement is quite subtle and is often not the first thing you check - if you've not got a unique avatar I probably won't recognise you). The only other way I'll know who you are is if you provide some use/controversy enough that people quote you - or I think your posts are good.

Historically, humans have had very little to remember concisely. Since agriculture, you have to remember how your land looks and how you'll recognise it when you return if you get lost and that's about it. Your brain wasn't designed to read a few hundred thousand words a day and retain it all.

No one really knows how memory works too but I think we can all remember a time where we've thought of a memory we had no idea we knew or one that has spontaneously appeared (or both) and I get that a lot here. Am I going to edit a post I made 3 days or 3 months ago with a more detailed response? Will it even be read if I do? (this is a thought of mine I have quite often so if you have thoughts I want them).

Some people get comfortable too. History proves that more advanced things generally replace less advanced ones, no one looks at it as proving anytbing they don't want it to (such as the Mt Gox and ftx saga and all the other identical instances).
385  Other / Meta / Re: Bitcoin adoption, the forum and past two bear markets on: December 04, 2022, 03:14:43 AM
I think a lot of this has been caused by the value of bitcoin and cryptos going up though too as companies can afford higher USD pay rates a lot of the time for their participants.

I was looking at the 2015-2016 year when I started here I made 0.5 btc which at the time was worth around $100 - I didn't have the opportunity to buy crypto due to age so settled on finding other ways to acquire it. It turned out a lot less risky doing it that way too, even as a noob I was never losing unaffordable amounts of money.

The more money that circulates round an economy the general health of it improves afaik as it gives more opportunity to acquire it for those who are interested in it, it also boosted adoption (and likely still does) for those campaigns that don't need you to be too high a rank to enter. (it takes 4 months to become a senior member if you're willing to put some effort into it - if you come here with a genuine interest, you'll get up to full member before you've actually felt like you made an effort, aside from the negatives of starting out here but getting flamed for asking if an obvious scam is an obvious scam is much better than getting scammed).
386  Bitcoin / Electrum / Re: BTC funds lost after transfer to Electrum lightning channel? on: December 03, 2022, 03:16:32 AM
Lightning data doesn't move between computers normally (I think it does for services like watchtowers but not normally)..

It's been a while since I closed a lightning channel but it might do a cooperative close for some time before doing a forceful one (to save on fees for example).

What are the options when you right click the channel you're waiting to withdraw coins from?
387  Economy / Trading Discussion / Re: Learning how to code in order to automate trading strategies, is it worth? on: December 03, 2022, 12:00:07 AM
If you know how to trade, you'll probably do well if you can automate it and make a strategy of it (including things like backtesting and finding uncertancies - eg when to trade differently based on volatility).

If you don't know how to trade, you might be out of your depth unless you have some strategies in mind you want to fine tune via back testing (but I think this is less reliable). Support and resistance programming might be the best sort of thing to program this way, as well as simple things like price alerts.

You'd probably find it useful familiarising yourself with markup languages too for how requests might be returned (such as HTML, XML and json but only a small one).
388  Other / Off-topic / Re: Dangerous life of crypto-billionaires on: December 01, 2022, 11:24:28 PM

An article from news.Bitcoin.com stated that the helecopter crash somewhere in the area of Villefranche-sur-Mer.  I believe the body and the plane had been found but according to the news[1] the cause of the crash is unconfirmed. 

Then the news continues by citing several deaths of company heads, where some of the death are somehow suspicious, like the one that fall out of the window of the hospital
Quote
Lukoil's company Chairman Ravil Maganov, 67, died after reportedly falling out of a window of a Moscow hospital, also in September.

And being drawned after falling off a boat.

Quote
The group includes the 39-year-old Managing Director of Russia’s Corporation for the Development of the Far East and the Arctic, Ivan Pechorin, who drowned after falling off a boat near Vladivostok on Sept. 10.

Those are indeed suspicious but well, it is not related to the crypto industry, so who cares  Cheesy





[1] https://news.bitcoin.com/russian-billionaire-and-crypto-businessman-dies-in-helicopter-crash-in-france/

I thought they were just suspicious because they were Russian and only one of the people mentioned in the op to do with crypto was Russia so that makes it a bit different.

The Lukoil thing happened just after its joint ownership was confiscated from a European entity too (which I thought made it more significant).

I guess a plane crash in French territory is harder to fake.
389  Economy / Economics / Re: SEC plans on making crypto initiative top priority as plot for new regulation!!! on: December 01, 2022, 11:11:00 PM
Isn't it just typical for governments to be that slow? From their perspective, it probably truely is a "top priority" to finish something in 4 years. But if they think they can "keep pace" by taking that long, that's not going to work. Four years ago, the ICO hype just cooled down, and since then, we've had DeFi and NFT bubbles created and popped.

It could be! This might be why companies are happy also to buy ISO standards and accreditation (like the 17000 series - those are available for free from sources for educational purposes though even if they're a bit harder to find).

It's in their favour to attempt to offer education against most of these things (it's very hard to control nfts and other things you don't understand as a government). It should be general knowledge that if you invest in a well marketed stock IPO (especially on average) you're going to lose money especially in the short term, it's not though (I'll accept the argument this is not a great example as that might change if it was taught on its own).

with midterm elections.. most politicians only work for 2 year . so if they can put deadlines of 3 years+ the problem they are tasked with becomes another persons problem.. or they can promote it as "if you re-elect me i will finally get around to X policy"

This is generally the case for the government but not normally the regulators (from a European perspective, this might be different in the two party system in the US).

It could be they're waiting for a big problem they can fix by legislating against it though at the time it appears and that could be why regulation is slow.
390  Bitcoin / Bitcoin Technical Support / Re: Raspberry Pi 4 Noob Trying for the first time to download Bitcoin Core on: December 01, 2022, 10:45:00 PM
Did you install ALL the dependencies and checked they actually installed properly? (some might need tiny modifications, like Berkeley DB and might not have installed correctly).

If you try to reattempt installs, I'd recommend trying to run bitcoind before you do to see if it can run or detect where an error might be.
391  Economy / Micro Earnings / Re: Using FreeBitco.in's daily compound interest or not ? on: December 01, 2022, 07:57:19 PM
You're likely fine earning interest and gambling on freebitco.in while using a vpn or tor but you're at risk if you try to do free rolls imo as that might be something they consider abusive if multiple people using the same IP do it. (captchas likely won't load well for you either).
392  Bitcoin / Development & Technical Discussion / Re: private key generation always in 256bit range or even lower ? on: December 01, 2022, 07:26:58 PM
Keys are normally padded when they're generates so they'll all be 256 bit keys but some can be smaller. A quick calculation says the first 32 bits will be 0 every 4.3 billion keys (232).

Wallets that use nmemonics ONLY use 256 bit seeds (the number used to generate private keys) when there are 24 words in the phrase. 12 word nmemonics are a representation of 128 bit seeds. A lot of wallets use 24 words now but there's still enough that use 12, electrum used to vary its length too between ~10-15 word nmemonics which did add a lot more variance than just 128 bits but was probably considered redundant by them as it was removed iirc (not sure if it's been reinstated yet). Regardless the size of the seed used, a hashing operation derives all of the keys so they're still 256 bit.
393  Bitcoin / Wallet software / Re: Privacy Questions: Public Servers, TOR, VPN, etc. on: December 01, 2022, 07:12:14 PM
1. Is likely an "it depends" relayed by used to be something that was easy to track when the network was smaller. Nowadays I don't think it is - it's likely a bunch of miners/pools get most of these requests. Also, from the UK my connection to Germany and Ireland is of similar round trip time to that of Singapore and Japan (~80ms).

2. It might do something if you enable location moving or autoconnect, but there's a good chance it'll do nothing too. There's also a chance you'll make yourself more traceable if you're not using tor (which generally selects "random" routes)

3. Hardware wallets did well to teach me you don't need 10 different nmemonics for 10 different wallets you can either utilise different nmemonic extensions or different derivation paths to generate different wallets. Remembering what each are for might be hard (especially if there's 10 or more) but you can put a lot of hints in the wallet file name and potentially add descriptions (such as labelling the first address in electrum).

4. Afaik coinjoin is meant to make it look like your coins haven't been mixed. The downside to using it is that the other person or people in the join might've mixed their funds before the transfer was done. There's ways to break the chain thoggh (such as by using bisq to convert to an altcoin and then convert it back later on on a different non kyc exchange). There are likely mixers out there that don't look like mixers too, bitmixer.io used to handle their withdrawals like an exchange did so they were really hard to track without having someone determined enough.

5. I have a trezor and connect trezor suite through tør and it works fine. I don't know about ledger but I assume it works the same - both of those hardware wallets can run through electrum too where they can also be used over tor. (I don't remember is electrum has onion nodes or if you're just meant to use the proxy settings for tor though - I used to run tor browser and proxy through that, it's easier to set up than it sounds).
394  Bitcoin / Bitcoin Technical Support / Re: Bitcoin-qt just suddenly closes itself, crash type on: December 01, 2022, 04:24:19 PM
You can start by checking the ~/.bitcoin/debug.log file to see if there's anything that relates to the crash.

You could also search for if crash reports are disclosed to the system and check to see if there are any.

These would be the places I'd start checking before looking into the resource management parts (to see how much memory is actually being used for example). I don't know if dbcache can be set that low either.
395  Other / Beginners & Help / Re: Bank accounts on: December 01, 2022, 03:44:57 PM
Monzo and atom might be a usable option for this. I think traditional banks are trying to stop old people being scammed out of all of their money while not being shown up for it and younger people might be able to make it back much easier than older people would.

Have you considered trading P2P?
Here you don't need to directly fund an exchange account, which the bank has to approve of. You only make a random transaction to an individual, who sends you the crypto you want to your wallet.

These sorts of transactions have already been made kinda illegal by the regulators though too Smiley. Sounds like a nice way to stop people investing in crypto and putting funds in zero interest bank accounts..

396  Bitcoin / Electrum / Re: Electrum multisig for long-term cold storage on: December 01, 2022, 03:10:14 PM
It'd be very hard to make electrum.unavailqble. Most open source projects often maintain an end of life version or get someone (in this case another wallet) to accept their seed phrases before they become obselete. You'd be able to recover everything if you backup the electrum binaries somewhere though (there are likely enough backups made already). Just don't use old software on an online machine to load up your wallet because that can lead to vulnerabilities that are already fixed that previously existed (in the past ~5 years we've seen two fairly substantial vulnerabilities - one with a phishing attack and one with a json rpc vulnerability that meant unsigned transaction data could be changed for an open wallet (and nmemonics could be extracted in unencrypted wallets but I didn't see an instance of this being reported at the time that wasn't a proof of concept)).

You can use the same nmemonic for both wallets too but you might lose some privacy doing that as you'll have the same public keys used again.
397  Economy / Exchanges / Re: Do you think Binance is the best crypto exchange currently available ? on: December 01, 2022, 03:02:13 PM
Did the auditor audit Donald Trump and say he was fine? Sounds like someone willing to sell their reputation or with nothing to lose Grin.

This is very reactionary from binance's end, it'd have made more sense if they did this in advance of the ftx/blockfi collapses and would make them look a lot more reputable.

They look to me like a firm that's been trading with user assets until they got burnt hard (luna) and have now decided to stop (maybe because they offer "savings" products now they can make money off)...
398  Other / Off-topic / Re: Dangerous life of crypto-billionaires on: December 01, 2022, 02:52:12 PM
Various conspiracy theories aside — not sure what's so special about this? People die all the time of random causes, and yes — including billionaires.

I wonder if there's a chance they all faked their death to escape their "fame" and live a life of decent luxury off some of their wealth (a few million $ is more than enough to comfortably live off and maintain an anonymity).

Dying in your sleep was a leading cause of death in the UK for the 20-40 age group until a few years ago iirc (unrelated to excess drugs or alcohol consumption - I think it accounted for about 1 in 100 000 20-40 year olds).



It didn't say where the plane crash landed though (unless I missed a citation). I could imagine it'd be easy to go completely missing in places like Russia and China if you have the funds to make it happen (or aren't liked by the regimes).
399  Economy / Economics / Re: SEC plans on making crypto initiative top priority as plot for new regulation!!! on: November 30, 2022, 11:04:33 PM
If there was a way to develop a robust regulatory framework for emerging technologies, why has it taken them so long. It's hardly like crypto was the first problem they've had since the bug four tech firms became as big as they did...

Their stance is more aimed at crypto in general and not just bitcoin this time.

  • 'Address its top priorities over the next four years.”
  • “develop and implement a robust regulatory framework that keeps pace with evolving markets, business models, and technologies.”
  • “examine strategies to address systemic and infrastructure risks faced by the capital markets and the market participants.”
Zzzzzzzzzzzzzzzzzzz.....

That sounds like a whole lot of nothing to me--and mind you, in the context of the SEC regulating crypto I'm not complaining.  If they don't end up meeting those extremely generic and vague goals, hopefully they were too busy tackling the real issues in the financial world, which mostly happen in the stock market. 

I say this every time a thread like this has been made before, if it was something simple or easy to implement then it'd be done already. Whenever people make targets and don't have to stick to them - they normally just get pushed back constantly. The vagueness is so they can add to their list in 2026 of the new scope they want to target before 2040...

In four years they want a rebust framework but in 12 they couldn't make one. The EU's one for tech firms took 20 years with Gdpr.

This could also show how little a threat the crypto problem is or how advanced it is as the computer misuse act in the UK came into effect within 2 years of the first protoype malware was published. It'd seem to me the slowness is either thst they have no clue what they're doing or they don't want to stunt the growth of the industry (the longer it takes for crypto to be regulated, the fewer money from pension schemes/institutions can trickle into it though and I think that'll be a negative thing to happen - especially if it's regulated as well/poorly as the stock market). I don't remember stocks doing this badly for so long in the US before their circuit breaker trading ban idea of stopping the market for two weeks after a drop (although it did decentralise the market for Eurasia quite well who seem to have a lot of exchanges backed by otc desks so they can stay liquid).

Ironically if Bitcoin and crypto keeps drifting down then they might just about arrive at the party after most other people have left. At least until the next uncontrolled bubble comes along and they spend ten years trying to figure it out.

I wonder how it's still a talking point for them though. Maybe they've run out of things to pretend they need to regulate this time... Bitcoin's already dropped a lot since its highs (along with the rest of the industry) perhaps it's focussed a lot.more at altcoins trying to rebrand themselves as each other.
400  Bitcoin / Project Development / Re: Can you encrypt vps data so a provider could never access it? on: November 30, 2022, 06:20:51 PM
For this very reason this was created: https://www.torproject.org/

If you're using a trustworthy VPS, that isn't going to screw you with the first chance, then route your traffic through Tor. Tor doesn't offer only privacy; it offers censorship resistance. Law enforcement can't shut down something they can't locate.

I think to use tor you have to closely scrutinise how to set up bridges though? If you're not using a bridge, it's likely you'll be tracked by law enforcement or other entities running enough nodes (iirc, with tor, whoever wants their privacy protected the most normally has the resources to track everyone else - at least they have in the past when how many nodes your data hops was static a few years ago).
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 [20] 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 ... 600 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!