Hello
after 12 years i remember i bought bitcoin in 2010
is it possible to sell more than 50,000 bitcoins at once or is it better to sell direct to a private individual like grayscale or microstrategy?
Only in your dreams... Anyway, that's a ridiculous question. Selling anything worth $1.5 billion worth is going to take some effort. |
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Yes I know it was a private key with address.
Thank you for your reply
You were asking how to convert them, saying you couldn't find any tools. That's what I showed you. |
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From a pure theoretical perspective it is inappropriate for a monetary system to put a hard cap on the money inflation process because any such system has to incorporate/support user interactions that have nonzero error rate including fatal errors that lead to the loss of money, a continuous leak of the money to non-existence and reduction of the total supply, hence a currency with capped supply vanishes in some future, and a long time before it happens, it will become obsolete/antique because of its limited supply volume.
There is a continuous leak, but it will not necessarily cause the currency to vanish or lead to a "limited supply volume" (if I am interpreting those words correctly). Suppose 20 million of the 21 million bitcoins are lost forever. That still leaves 100,000,000,000,000 satoshis, each of which could be potentially be subdivided further into 2 64 "nakamotos", giving a total supply of about 2x10 33 nakamotos. We should be ok for a few more millennia with that. |
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Gemini has three markets:
1. The standard order book that all the other exchanges have. You can't trade $1M on this effectively because the liquidity is too low.
2. A "block trading" market, where the minimum to trade is 5 BTC. You place a limit order and market makers bid on your order. I think a reasonable limit for trading on this market is $1M.
3. A twice-daily auction, where 100 BTC might be traded.
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Avoid trading with lots size that your account can't withstand a longtime wave against your position:...
Avoid martingale pattern of trading without stop loss:...
Those sound like gambling tips. Gambling with BTC trades is ok as long as you realize that you are gambling and you are likely to lose in the long run. Always activate your stop loss: ...
There are certain reasons for using a stop-loss. They should not be used in normal trading. There are several reasons for avoiding the use of a stop-loss, but basically using a stop-loss is a buy-high-sell-low strategy, by definition. |
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There are many people that called the bubbles in 2000 and 2008 (even I saw and avoided both bubbles). Anyway, do all the people that called the 2000 and 2008 bubbles agree with this man? If not, then how do you know that he has the correct prediction?
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hello i have 1 word missing from my seed and i need help to find a program to restore my BTC. i have just that 11 words, no addresses or other details as this was years ago. Thank you in advance
If you know it is the last word that is missing, then there are 128 possible choices for the last word (assuming bip 39). If the missing word could be any of them, then there are approximately 1536 possible mnemonics (12 x 128). Either way, there aren't many possibilities. |
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In the U.S., you pay taxes if you exchange it for anything else, whether dollars or another type of coin, and you don't pay taxes if you just move the coins.
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Thanks for trying to assist. I will not reveal anything of the numbers to anyone. I made an error above, there are 236 numbers not 256. I don´t know if they are meant to be together or not. There is a mix of upper case, lower case, numbers, slashes, plus symbols. It does not start with the numbers etc as suggested above. I counted them by hand/eyes .
It sounds like it is base-64 encoded. I have no idea what the contents might be. There are plenty of ways to decode base-64, though you should be careful because it is potentially a seed or a private key. Even after decoding, it might not be obvious what the contents are. By any chance are the first characters "U2FsdGVkX1"?
Good guess. If that is the case, then it is encrypted and you need the passphrase. |
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Check "Wallet Details" at bitaddress.org. However, in general, you should never trust any site that accepts a private key in any form. Also, you should never disclose a private key like you have here. It is easy for anyone to steal any funds that are at its address, now or any time in the future. Here is what that page shows: Bitcoin Address: 19FjxrRhk4LK2SdPELGBP2uN5RMW7CDv6Z
Bitcoin Address Compressed : 12csaq6uhAtyhzUN8N4akVpat7GP6wB3ea
Public Key (130 characters [0-9A-F]): 04BB113592002132E6EF387C3AEBC04667670D4CD40B2103C7D0EE4969E9FF56E4B42AB8EAF3647 395773E92DC467BB6D0C9E55D29B8A5AE066088EEA0E14F54D5
Public Key (compressed, 66 characters [0-9A-F]): 03BB113592002132E6EF387C3AEBC04667670D4CD40B2103C7D0EE4969E9FF56E4
Private Key WIF - 51 characters base58, starts with a '5': 5JWUMz3s2AHdm75hRsHaVVuqWbCSndnqm2Mdy5m21cb8eHNSLGm
Private Key WIF Compressed - 52 characters base58, starts with a 'K' or 'L': KzH5mcodn7zRFfqjSkxApncD7bwWpRPLDJz6AY1HTi5ejBFuixeh
Private Key Hexadecimal Format (64 characters [0-9A-F]): 5B3F38AF935A3640D158E871CE6E9666DB862636383386EE510F18CCC3BD72EB
The private key also has these addresses. I found them by importing the compressed private key into Bitcoin Core: bc1qz8qw3se7c8rr7vs6sgnp29xv2vsutamxyd839p 34rLuX6QStr8qJCbmWouBuVQGDrFT4h453 |
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I believe that a UTXO was called a "coin" in the original nomenclature, but that is very rare now. So, now a bitcoin is just an amount, just like a dollar (excluding paper money and coins).
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There are millions of frozen coins.
As time marches on I believe the old frozen coins will be lifted from inactive accounts.
I think there could be a call to unlock the 2009 frozen accounts in 2039 or later.
the 21mill are still intact. Just recycle the frozen ones.
There is no benefit. |
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I understand you correctly that if I come to the usa to live and work in 2021 and start exchanging my bitcoins for dollars.
When the US Tax Service is interested in me, I will tell them that I purchased my bitcoins between 2015 and 2020, and under Russian law, cryptocurrencies were not taxed.
Will they really answer me that I have to declare my bitcoins from 2021 and pay taxes on them next year?
I'm not a tax expert but my guess is that when you file your taxes, you report when you bought them and for how much, and how much you sold them for. You pay taxes on the difference. I don't believe Russian law is relevant. |
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My guess is that you somehow triggered some AML flag, and they must do some investigating or reporting or get some sort of approval before they can send your money, and they are not allowed to tell you this.
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Sorry for all the trouble you are having, but this is yet another example of "Not your keys, not your coins."
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I wish the people that write these articles would state up front that an address is not a person. A single address can hold bitcoins for many people and a person's bitcoins can (and usually are) spread among many addresses. Of course, they never write that because these kinds of articles are really just clickbait. It is funny to see that now a "whale" is:
"Bitcoin 'whales,' addresses with more than 100 bitcoin."
A whale used to be someone that could move the market. Now, it is someone that you envy. |
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Thanks for the guide. However, I don't get how it is different from sending the dust to 1BitcoinEaterAddressDontSendf59kuE setting maximum fees. Of course, a 1 sat/byte fee on a legacy transaction is 192, so this is not viable for lower amounts, but still... In addition to that, spending that dust confirms to the attacker you still in control of the dusted address(es). Jut be aware of this. The difference is the OP_RETURN prevents the transaction from being kept in the UTXO set forever. Though I guess if you can get the output amount to exactly 0, it might have the same effect. |
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