Yes, you can. As you can see at the same Trezor's blog post you linked: "To receive ERC-20 tokens, use your Ethereum address generated by TREZOR. To send your tokens, unlock your Ethereum wallet on MyEtherWallet and fill in the transaction details, as well as the token type. Remember, that you will need to own some ethers on the same account in order to successfully pay for the transaction." How do I send that 1 WINGS though to another adress if I want? When i go into the send section there is no button to specify what kind of coin or token you want to send?
https://www.reddit.com/r/ethereum/comments/4v0r32/myetherwallet_now_supports_sending_any_ethereum/ |
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Increasing the blocksize to increase the transaction capacity of the network will also increase the storage and bandwidth requirements for running a "full node" of bitcoin.
Core believes that this would be bad for bitcoin because it would mean fewer people are "verifying" all the transactions, causing a bit more centralization in terms of trusting fewer miners and full nodes.
The big blockers believe that the network will survive and remain decentralized, and giving up a bit in terms of storage and bandwidth costs is worth it for faster/more transactions with lower fees.
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No one can know when the price will rise or drop or we would be rich already. But you can be sure that the price of bitcoin will always rise in the long run. So if you can, buy more! Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?
I may be mistaken, but if you asked what makes the price fall or rise in the market, that's the answer: More people BUYING bitcoin = Price UP More people SELLING bitcoin = Price DOWN |
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Definitely not. There's absolutely no chance that as much as 2.5% of the population is using and/or holding Bitcoin right now.
We're still right at the bottom of that curve, frankly. Even if you look at a terrible measure of crypto wealth like market cap, cryptocurrencies are still shockingly insignificant.
It's interesting how people who are part of something new tend to assume the best of other people because they try their best to get other people involved.
People like to try and convince themselves that they're actually later than they are because of:
1. Their confidence in the technology.
2. Their pessimism, and feeling like the best opportunities are behind them.
When you look one year behind and see the Bitcoin price at $1000, of course people will feel like they lost the opportunity of their lives. That's just natural from the human being, that always wants more. Just imagine how small Bitcoin's performance is in the world rn. - We can say that almost nobody in the world uses Bitcoin compared to the fiat. - Very few places that accept Bitcoin in the world. In Brazil only in the largest metropolitan centers such as São Paulo has some place that accepts Bitcoin, and is still limited. - We are still facing the huge scalability problem. All this and the price of Bitcoin is still at $2500. That's why I can't really imagine how anyone still thinks Bitcoin is already expensive. They will the same thing when the price goes to $5000... and at $10.000 again... |
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Another newb question: How do you back up your wallet? why writing down the random words it generates for you?
Every HD wallet has a unique combination of words called seed that can be used to recover your wallet with all your addresses in case you lost your device. How to back up your wallet? Just write those words in a paper or encrypted txt file and don't lose them. |
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this is strange really, because they said that they were to adopt bitcoin, and regulate it like japan, i'm wrong? now without any reason they go out with this boring thing about their own coins, which is not best than their rube fiat currency, i think russia is still afraid about the impossibility to control bitcoin, and want to make their own like many were trying in the past and failed, why they can't simply join the party like japan?
Adopt =/= Regulate Russia was exploring ways to regulate bitcoin which is very different from adopting. The country's central bank governor even told herself that she sees "doubts" over the benefits of Bitcoin and even questions whether it should be considered a virtual currency at all and that Bitcoin is more like a digital asset rather than a currency. So this is the way it should be thought about with regards to regulation. They don't "support" Bitcoin at all. They just want to make sure there is any way to control the coin even if that's not completely possible and maybe tax bitcoin purchases. “[Digital currencies] should be regulated, because volumes are increasing compared to the previous year. If people are engaged in this, they have to pay money for it, and we have to have a clear understanding of how to control this activity,” said Skorobogatova. https://bitconnect.co/bitcoin-news/583/russian-central-bank-plans-to-legalize-and-tax-bitcoin-as-digital-commodity |
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Also do anyone check the wallets that are added to this list to make sure they are legit?
I think they check each wallet before adding them and categorize the safety of each one as can be seen in the color of the shield next to them (which can be green, yellow and red) Btw, another question about mobile wallets, are they safe? Compared to desktop wallets? If you use a mobile wallet, say an android wallet, would it be safer to just use an old android phone you don't use anymore that you just power on when to check your balance and have turned off at all other times, instead of using your regular mobile that you use regulary?
Yes, using an android phone exclusively for storing your coins would be in someway safer. I don't think there is such difference in between a desktop wallet and a mobile. Just don't get any virus. Also are downloadable wallets like desktop and mobile wallets safer than online wallets? And are online wallets safer than exchanges?
Yes, the wallets you download are always safer than any online wallet because you are the one controlling your private keys instead of a third party. About exchanges, they aren't that different than a web wallet but, still is the less secure way of storing your coins. At least with a web wallet, its purpose is to store your coins. Ok that last link seems to be a bit useful, even though I don't see a way to seach for a coin to see what wallets are supported for it?
You can filter the list in this table on the top right side of the site.  |
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The main problem with your idea is that if your computer already has a virus, your coins can be stolen anyway.
What makes a hardware wallet safer than most regular wallets is the way they operate isolated from your computer and your wallet files are probably never exposed, while it doesn't make any difference if you are using a external HD instead of your regular computer drive.
To make your idea safe, you would need to disconnect your internet before connecting your external HD into your PC.
About your second question, I don't think it makes any difference. But you can transfer your coins to a new wallet that has never been exposed to the internet if you want to be 100% safe.
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Yeah it's safe enought. If the files are encrypted you can store them anywhere. Just don't forget your password and you will be fine.
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I'm curious as to why you think that Litecoin would be the next crypto to replace Bitcoin if there is some catastrophic event. Looking at the market caps and volumes alone, I see Ethereum and Ripple ahead of Litecoin in both aspects, so I would assume one of those two would become the next big crypto and fill the power gap.
Does your theory focus mainly around LTC activating segwit? Or is there something else I haven't touched on here?
I agree that Litecoin is the closest to be the next crypto if Bitcoin ever fails. Right now Litecoin is the faster version of Bitcoin, with low fees and quicker transaction confirmation time especially now with Segwit activated. Ripple = centralized, controlled by banks. IMO not what we want for our ecosystem. Ethereum = can be, but I still see it more as an intermediary to buy/create tokens and be used by devs, than a currency used for shopping. I guess block split is inevitable since miners, core dev and community have different opinion on bitcoin scaling  Not with Segwit2x, since we can get 80% of hash power. Also, Core doesn't own Bitcoin. They can't just tell everybody what path Bitcoin is going to take. |
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Yh the fees added thats my point,
Im new to bitcoin so I used my Multibit wallets default setting and sent some btc. Plus I only sent .07 BTC.
But if I used a credit card to make a payment I would expect the fees to be handled as part of the transaction, not to set the fees myself.
Well, your wallet should have set your fees automatically based on calculations of the network. I'm not using MultiBit at the moment so I don't know what could have hapened, but your wallet shouldn't be recommending such low fee. Anyway, I don't think your tx is getting confirmed with that fee, so you can expect to get your coins back at your wallet soon. Maybe try https://www.viabtc.com/tools/txaccelerator/ and see if you can submit your tx? However, wouldn't this have been perfectly OK a couple years ago?
Yes, sadly this is a real issue which we didn't have a few years ago and may discourage new Bitcoin adopters. Excuse my ignorance, but how does the OP get the BTC back to his account? If you think that Bitcoin will go "mainstream", consider the fact that the OP is probably a lot more educated on BTC than the average consumer.
If his transaction doesn't get confirmed after ~14 days, his transaction will be dropped from the mempool and his Bitcoins will return to his wallet. And you are correct about this being a issue for Bitcoin to become mainstream. I already pointed out in another thread how this can difficult Bitcoin adoption by the regular population. I also don't really like paying $2 in fees and still need to wait almost 2 days for my transaction to get confirmed. But at the moment this is Bitcoin's reality. Just pray that our community can come to an agreement to fix those issues and make Bitcoin great again. |
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You used a fee 19 sat/byte in your transaction and now you are complaining about the long time your bitcoins are taking to confirm? Just so you can know, the fastest and cheapest transaction fee recommended is currently 420 satoshis/byte. You should search more before sending such big amount with that kind of fee.
This relatively high fee is current caused by the increase of unconfirmed transaction in the blockchain, which will be corrected when we find a definitive fix for the scalability problems.
Sending $844.57 worth of Bitcoin with a fee worth $0.24. What a joke...
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You can keep using the Mycelium wallet on your phone. You can just go in to create new wallet -> advanced, and in the bottom of the page, generate a new private key that is not part of any HD wallet and so will only have one address. As an alternative, you can also generate a private key in any working website like https://www.bitaddress.org/ and import them on your Mycelium. |
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cash is better then bitcoins because we can use cash in physical form
How having a physical form is an advantage? do shopping in any market where we want we can give cash to anyone which can be physically in large amount or less it can be hand by hand we can touch it.
Again, how is that an advantage? In my opinion this is more like a disadvantage. Who want's to carry lots of pieces of paper to buy stuff? It is the most accepted in most shops.
Doesn't make it a "better" option. Bitcoin is starting to get accepted in more places anyway. And in the future we will probably have Bitcoin as a major method of payment. every one can keep it themselves and protect it.
We can also keep Bitcoin for ourselves and protect them. Also, unlike physical money, bitcoin can not be taken or frozen by banks or governments. So you are kind of contradicting yourself. |
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Hey Try ninja, i sent PM, could u reply ?
thnx
Hey, I don't see any new PM coming from you in my inbox. Could you see again if you really succeed sending the message? |
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Does anyone know any alternative for android? One that I can put how many coins of each currency I have. Thanks
Blockfolio https://play.google.com/store/apps/details?id=com.blockfolio.blockfolioThey have more than 800 coins and you can track your profit by adding how many coins you have bought, charts and a lot more for free. I highly recommend them if you need to organizeyour currency reserves. |
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Any ideas what could happen to your BTC holdings if your storing them on an offline hard wallet and want to sell them 5-10 years later? Would there be code issues where the BTC you have now will not be recognized or cashable at that that time ?
Im curious because I bought a hard wallet but have no idea how usable the BTC version i have today will be in the future?
A private key is forever a private key. Don't worry about "changes in the code" because you will be able to cash out your Bitcoins the same way you can right now just by restoring your wallet with your seed or by importing your priv key. |
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