Sorry (again) but what is a change address?
When the output of a transaction is used as the input of another transaction, it must be spent in its entirety. Sometimes the coin value of the output is higher than what the user wishes to pay. In this case, the client generates a new Bitcoin address, and sends the difference back to this address. This is known as change.
Say you want to buy a candy bar ($1) from a store. You open your wallet (fiat wallet) and inside there is a single $20 bill. What is the min amount you can pay? It isn't $1; you can't rip up 1/20th of the bill and give it to the cashier. You need to pay $20 and since you only owe $1, the cashier gives you back $19. Now in fiat nobody except the central bank can make new bills so bills are in fixed denominations and thus your fiat transaction may look something like the following. e.g: If you receive a transaction of 1 Bitcoin in your wallet and wants to send 0.3 Bitcoin to someone. You will send 0.3 to your receiver's address and the other 0.7 remaining will be sent back to you, because your whole 1 Bitcoin received before needs to be spent. More info: https://en.bitcoin.it/wiki/Change |
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OP, there are a few grammar mistakes on your website. e.g: Our have 304 members
How to connect BIttrex account to this bot?
By using your Bittrex API key. And how much fee is that costs?
After checking the website, looks like you can have a balance up to $200, a max of 5 currencies and 0 free VPS if you are a Free Member. or you can buy a subscription to upgrade your limits. I took this print from the website.  |
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I believe that you should make them in the Alternate cryptocurrencies Board[1] since BCH is an altcoin. At least, most of the old threads about BCH from the period of the fork were moved to this board. [1] https://bitcointalk.org/index.php?board=67.0 |
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many thanks for letting me know that other crypto-currencies can be stored on paper-wallets. I checked the website https://walletgenerator.net, however since ma new could you please let me know if there is a detailed guide or a tutorial on how to use it... Everything you need to know is written in the website. This is the link to the GitHub source found on the bottom of the page: https://github.com/MichaelMure/WalletGenerator.netStep 0. Follow the security checklist recommendation
First step is to download this website from Github and open the index.html file directly from your computer. It's just too easy to sneak some evil code in the 6000+ lines of javascript to leak your private key, and you don't want to see your fund stolen. Code version control make it much easier to cross-check what actually run. For extra security, unplug your Internet access while generating your wallet.
Step 1. Generate new address
Choose your currency and click on the "Generate new address" button.
Step 2. Print the Paper Wallet
Click the Paper Wallet tab and print the page on high quality setting. Never save the page as a PDF file to print it later since a file is more likely to be hacked than a piece of paper.
Step 3. Fold the Paper Wallet
Fold your new Paper wallet following the lines. Fold in half lengthwise, and then in three widthwise.
You can insert one side inside the other to lock the wallet.
Step 4. Share your public address
Use your public address to receive money from other crypto-currency users. You can share your public address as much as you want.
Step 5. Keep your private key secret
The private key is literally the keys to your coins, if someone was to obtain it, they could withdraw the funds currently in the wallet, and any funds that might be deposited in that wallet.
Please test spending a small amount before receiving any large payments.
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many thanks people for your guidance. I've been reading the sticky topics about the wallets and my head is literally spinning now  too much info  I guess the paper wallets only work for bitcoins and not for other crypto-currencies? Paper wallets will work for any cryptocurrency actually. A paper wallet is essentialy your private key or wallet seed printed in a paper. Preferably, a private key that was generated while offline from the internet. If there is no website to generate a paper wallet for certain altcoin, you can do one by your own by printing/writing down the private key from the official altcoin wallet. There are also websites that support more coins other than Bitcoin - E.g: https://walletgenerator.net/ has 129 supported currencies. |
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ummm... ok. but isnt bitFinex located in China? The same country the US still has no treaty with? IE... the FBI cant get anything from there, and cant do anything about?
Why do you think Paul Vern (al la craptsy) is hiding there?
But BitFinex could be open to help US authorities to track a criminal. They actually have a page about their "Law Enforcement Requests Policy"[1] and could be willing to cooperate. [1] https://www.bitfinex.com/legal/law_enforcement_requests_policy |
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You can trust the wallet and it works fine. IMO the only issues are: lack of updates & you can't custom fees.
The dev team just burned people's investments from the ICO and haven't released any news regarding the new app. But regardless, I trust them and their software for now.
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Why don't you buy a Virtual Credit Card and use it only to pay your NSFW subscriptions? I use Shakepay[1] and you can easily register your account, load your card with Bitcoin instantly and just use the card to pay stuff. There is no need to verify your account by sending your ID or any other document. [1] https://shakepay.co/ |
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I still prefer Bittrex over Bitfinex because of its simplicity and access to coins that are not available in many other exchanges (e.g NEO). Please take note that if you are a US citizen you shouldn't use Bitfinex since they are closing doors for US costumers[1]. [1] https://www.bitfinex.com/posts/216/review |
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1. Why are newbies not permitted in signature campaigns?
Newbies have a lot of limitations related to signature styling. They can only write pure text (no colors, bold or size), which will always lead to their signature being worth several times less or not even accepted in almost all signature campaigns. And you can create an Newbie account instantly. Which will probably lead to a lot of spam in the forum. Managers tend to avoid accepting Newbies because of that. 2. Can Alt coins be directly be converted to bitcoin and how?
Not directly. You will always need to trade the altcoin for Bitcoin by using a third party exchange. The closest I can think off are services like ShapeShift[1] and Evercoin[2] which let you do exchanges between Bitcoin and several altcoins without any account registration and just by sending your coins to a deposit address. 3. Are bitcoin donation sites(I learnt about bitcoin from them) worthwhile?
Do you mean faucets? Not even close to be worth your time. [1] https://shapeshift.io/[2] https://evercoin.com/ |
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Oh yes, forgot to thank you. Now i'm using Protonmail.
And actually there are news that now Protonmail officially accepting bitcoin! Super news!
They always accepted actually. The difference is that now you can buy through an automated system and don't need to send them an email to get your credits manually inserted. Anyway, good choice  |
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So what i wrote will work fine and secure?
When i sweep my privet key from paper wallet to Electrum and send BTC to Electrum wallet -
I steel have my BCH balance on my paper wallet i sended BTC befour?
Yes. Only the Bitcoin will be sent to the new address. Do i have to wipe Electrum from my PC for installing Electroncash and transfering BCH from same paper wallet to electroncash wallet ?
It's not really mandatory since the private key from the paper wallet will touch both softwares anyway. If you want to be safer, run Electron Cash in a different PC/Virtual Machine than the one that has your Bitcoin wallets. |
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Sweeping and importing are essentially the same thing. The only difference is that the sweep process skips the process of manually importing the wallet and it just sends all the coins to a new wallet. 1. Sweep or import and send your Bitcoins to a new wallet using Electrum. You will have the recently created wallet with BTC and your old one that still has BCH. 2. Download Electron Cash and import your paper wallet (that still has BCH). From there, send it to the wallet you want or keep it there. if i sweep/import BTC from that paper wallet do i still have same ammount BCH there ?
If you sweep/import the paper wallet with Electrum, it will only send out your Bitcoins. The BCH will stay there. To move the BCH, you will need a compatible wallet - like Electron Cash. |
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I'm just going to quote a reply made yesterday by actmyname about the same subject. And just like he said, "Searching for 2FA and finding these posts took me <5 minutes." If someone wants to write a patch for it, I will seriously consider adding it. I believe that safely adding 2FA would be very time-consuming, so I'm not willing to do it myself or direct Slickage to do it.
Old posts but relevant. This is also from a previously-created thread: https://bitcointalk.org/index.php?topic=1472714.0
Searching for 2FA and finding these posts took me <5 minutes. |
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If you have a HD wallet (the one that gives you a seed of 12 words), you will only need to backup those 12 words. They are the one used to recover all the addresses from that wallet.
If you have a single address wallet, you will have to backup the private key that belongs to that address.
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Trezor is good in your opinion is due to what kind of factors? Would you share some of your experience with it? I'm considering between trezor and ledger
Both are great. They have almost the same features, are support on almost all major wallets and are very similar to the way that they handle security. You should definilety research them by yourself and decide which one do you think will meet your needs the most - like, which one of them do you think has the better design, since their differences are almost nil. https://99bitcoins.com/trezor-vs-ledger-hands-hardware-wallets-review/ |
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If installing onto a USB stick, do you have to install the portable version of the wallets? I'm presuming that you can't install the Windows installer version and select the USB stick as the installation location, correct?
Electrum looks like it's the only software that gives you a standalone portable version of a wallet. So ones like Exodus, Copay, Jaxx don't have a portable version.
Electrum has the installer and executable edition which will create a folder called Electrum on your Program Files. And they have the portable edition which will create those files in the same directory that the file is. So, you can move the portable executable to a USB and it will get "installed" there. If you keep your wallet stored in the same USB, you can and use your wallet wherever you go. |
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This doesn't make sense. They claimed they needed a message signed with the key, i asked them how to do that with a ledger and they told me to create a new wallet, so i moved everything to my old wallet to the new one and they stole everything from there
Yes, i've been stupid
What? Is their fault that you can't create a wallet and secure your funds? How would they steal your coins by asking you to create a new wallet and send your coins there? If I wanted to buy your ETH and you end up sending the coins to a wrong wallet, that would be my fault? Read what you just said. It's just stupid. 1. They didn't scammed you. They only asked for a signed message so you can prove that the address with the coins are yours. That's how a airdrop works. If you sent the coins to a wrong address or had a malware that stole yous coins, that's your fault. Btw, you can't ask for donations. |
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What's the goal here? It's clearly just a fake website but are they trying to phish something? Oh no, they know my IP address and my bitcoin txid. Should I expect them knocking down my door tomorrow?
His "service" is not free. He is selling his acceleration service for Bitcoins. People may fall for this since there was a increase of stuck transactions waiting for confirmation. |
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