Bitcoin Forum
May 01, 2024, 11:43:30 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 [86] 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 ... 285 »
1701  Economy / Speculation / Re: Outrages Bitcoin 2020 Price Predictions of 2019 - LONG LIST! on: December 16, 2019, 02:38:34 PM
lets not forget that each of bitcoin's biggest price rises that happen in each cycle were preceded by price predictions that were looking "outrageous" at the time. for example if you told someone that bitcoin is going to be worth $20,000 in less than a year back in 2016 they would have called you crazy and your prediction "outrageous".

we are in the same situation right now too. when someone says price is going to be $500,000 in a year from now, it is called "outrageous" as if people haven't learned from the history no matter how many times it is repeated.
(of course we shouldn't confuse idiots making up bullshit like McAfee with actual predictions).
1702  Bitcoin / Bitcoin Discussion / Re: How many confirmations are equivalent* to 6 Bitcoin confirmations? on: December 16, 2019, 02:07:11 PM
I think it was Bitcoin Gold or Ethereum Classic which had a chain re-org
The only reason Ethereum Classic even exists is because Ethereum hard-forked to undo a transaction. Not quite a 51% attack, but effectively the same outcome - a group of users decided they didn't agree with a transaction and so conspired together to undo it.

you are correct that the split had nothing to do with a 51% attack but @adaseb is talking about a completely different case of attack against ETC that took place on January of this year (10 Jan 2019 if i am not mistaken) where they actually attacked ETC chain with a big hash rate and reversed a lot of blocks.
1703  Bitcoin / Bitcoin Technical Support / Re: What kind of a Bitcoin Address is this? on: December 16, 2019, 01:58:12 PM
This is not a valid addy to send or receive.

well, technically only scripts are valid and everything else is just our agreement. with that said an address is just a contract that majority of bitcoin wallets and tools such as explorers have agreed upon. so for example when you see a base58 encoded string that starts with a 0 byte and has a length of 20 bytes + 4 byte checksum, you translate it into a P2PKH script.
i think this is just an attempt by blockchair to make OP_RETURN scripts more human readable like other scripts that have addresses. although i couldn't find any documentation about it.
1704  Bitcoin / Bitcoin Discussion / Re: Craig Wright Claimed He Would Reveal a Critical Bug in BTC and LTC - Then Didn’t on: December 10, 2019, 02:09:08 PM
Nope, I think it is much better to throw him under the bus, every time he makes absurd claims like this. It will just show people out there what
scumbag he is and how stupid his claims are. Doing nothing will just strengthen his argument and all his claims and it will put doubt in people's
minds. The guy is a snake-oil salesman and the people needs to know this. Take the power away from him, by exposing him as a liar and a cheat.

i completely agree with this. we should never stay silent against scammers like CSW. you and i may know he is a scammer but millions of others out there whom are new and he is trying to scam don't know it so they need to be informed.
not to mention that he is always getting free advertisement from news sites that are dying for content (and consequently traffic) these days. so he is already being heard whether we ignore him or not.
1705  Bitcoin / Bitcoin Discussion / Re: What can be done to stop loss sending to wrong bitcoin address on: December 10, 2019, 01:56:03 PM
i think what you are describing is a lot like what BIP70 is proposing.
it is some sort of encryption communication between the server (receiver of the payment) and the customer (sender) to get the address required for the payment. it solves the middle man attack problem (MITM) since it is using SSL encryption and the websites certificate and eliminates the need for copy pasting addresses so the clipboard hijackers may not work there.

Is there a post for this you can refer me to, this sounds great, i will need to read more.

certainly, all the Bitcoin Improvement Proposals are available on GitHub under the "bitcoin" username. and here is the direct link to BIP-70 that i mentioned here:
https://github.com/bitcoin/bips/blob/master/bip-0070.mediawiki
BitPay is a payment process that i know of that has implemented this technique.
1706  Economy / Speculation / Re: Bitcoin Price 2020 on: December 10, 2019, 12:14:20 PM
If Bitcoin goes back to $ 1000, I'il buy it. But can the market remove it? Disaster news for Bitcoin. A recovery process can take a very long time. Also, trust in bitcoin is shaken. Price is nice to be moving but dangerous. You shouldn't scare people.
Really? I see many people who have said the same thing with Bitcoin when its value is at $ 20,000, they all hope it goes back $ 4,000 to invest. But when that happens, no one dares to buy.

And Ethereum also has the same situation. I have some friends in Ethereum groups, and when Ethereum raised to more $1000, they hoped that the price of Ethereum could return to $ 100 so they can buy more. Finally, only I dare to buy more to HOLD at this time. Roll Eyes

People are often scared when the value of cryptocurrencies drops quickly. But that is also why I prefer to "speculate" on Crypto.

that is an entirely irrelevant comparison.
when people are scared of bitcoin to buy it in a dip it is always because they are having a hard time understanding the potential of bitcoin with its limited supply or they have fallen for some FUD.
but when people are scared of ethereum it is always because they know the bubble is still popping and the token with unlimited supply has to go down due to basic supply and demand.
1707  Bitcoin / Bitcoin Technical Support / Re: What kind of a Bitcoin Address is this? on: December 10, 2019, 11:56:19 AM
what you are looking at is an OP_RETURN output script and as far as i know there is no address format or encoding defined for these types of script in bitcoin.
however with a closer look this output is a special OP_RETURN that is used in OMNI layer, i am not familiar with the encodings in that layer but it is possible that this special encoding is used to indicate and OMNI transaction.
1708  Economy / Speculation / Re: bitcoin could be 6000$ soon give us your opinion on: December 10, 2019, 08:50:05 AM
yes it could but it could also go to $10,000 soon and just as easily.

my opinion is that it won't do either of these and will stay here for a much longer time and continues going sideways inside the range starting from $7k and ending at $8k. then maybe we see some final desperate attempt to push it lower before the price does a big breakout and the big FOMO starts shooting the price to above $16k within one week.
1709  Bitcoin / Bitcoin Discussion / Re: What can be done to stop loss sending to wrong bitcoin address on: December 10, 2019, 08:44:34 AM
i think what you are describing is a lot like what BIP70 is proposing.
it is some sort of encryption communication between the server (receiver of the payment) and the customer (sender) to get the address required for the payment. it solves the middle man attack problem (MITM) since it is using SSL encryption and the websites certificate and eliminates the need for copy pasting addresses so the clipboard hijackers may not work there.
1710  Bitcoin / Wallet software / Re: Convert BIP 38 to BIP 44 on: December 10, 2019, 08:16:54 AM
you are possibly confusing a bunch of BIPs with each other.

BIP38 is for encrypting private keys (eg. 6PRVWUbkzzsbcVac2qwfssoUJAN1Xhrg6bNk8J7Nzm5H7kxEbn2Nh2ZoGg)

BIP44 is just a path specification that you give to your BIP32 to derive the child keys from the main entropy.

you obviously can't convert BIP38 to BIP44, if you meant another BIP related to BIP32 then you still don't convert them as they are paths if you want to get an entirely different set of key pairs then set the different path when you are deriving the keys.
1711  Bitcoin / Bitcoin Discussion / Re: Who needs Satoshi Nakamoto principles? on: December 09, 2019, 04:48:38 PM
it is not that expensive to need "big money". and nobody is preventing YOU from buying an ASIC and mining bitcoin with it. the only problem is that others who buy ASICs believe in bitcoin whereas YOU don't and because of that you don't want to make that kind of investment!
Apparently you live in a very rich country and do not know how people live in those countries where the monthly income is $ 100. How many years will I have to starve to buy a miner? Count ...

no i don't. i actually live in a third world country Wink
but that is irrelevant. the problem is that you are  confusing bitcoin with some sort of charity which it is supposed to let anybody earn it for free without any "work".
not to mention that whether or not some poor people can mine bitcoin or not has NOTHING to do with centralization of mining and "satoshi principles" that you are talking about here.... and that was my point.
1712  Economy / Speculation / Re: Bitcoin Price Prediction 2019,2020,2024 on: December 09, 2019, 04:06:05 PM
the only way that price could be at $180,000-$380,000 by December 31 2024 is that if price goes up to $700k first and then that bubble bursts leading to a crash of 74%-45% which seems like a reasonable amount of drop considering the previous bubbles ended this way. but the thing is that since $700k is closer to $1million we may see a gigantic adoption rise to even reach mass adoption in which case the drop won't be as dramatic.
1713  Bitcoin / Development & Technical Discussion / Re: Will Bitcoin EVER have a bigger blocksize? Is there hope? on: December 09, 2019, 02:58:44 PM
i find it very weird that in the context of scaling and TPS, an altcoin like bcash is even mentioned. apart from the obvious centralization of it, there are lots of altcoins that have much higher TPS in comparison. bcash barely has 0.1-0.2 TPS which happens to be twenty times less than TPS of the joke coin called Dogecoin let alone TPS of bitcoin!
1714  Bitcoin / Bitcoin Discussion / Re: Where is Bitcoin used as store of value, other than the core community? on: December 09, 2019, 02:44:30 PM
"store of value" is not something that rises in price. instead it is something that keeps its purchasing power and in modern time money is THE store of value that majority use. and since bitcoin IS money, it is also a store of value. the more it is used as money, the stronger store of value it becomes.
1715  Bitcoin / Bitcoin Discussion / Re: Who needs Satoshi Nakamoto principles? on: December 09, 2019, 02:33:33 PM
As we all know, mining is now completely centralized.
you thinking some way doesn't mean everyone else thinks the same and it certainly doesn't mean it is correct!



Quote
Big money buys expensive equipment in the form of ASIC / GPU / FPGA devices and deprives everyone else of the right to participate in the issue of cryptocurrencies.
it is not that expensive to need "big money". and nobody is preventing YOU from buying an ASIC and mining bitcoin with it. the only problem is that others who buy ASICs believe in bitcoin whereas YOU don't and because of that you don't want to make that kind of investment!
1716  Other / Beginners & Help / Re: Avoid Clipboard hacking on: December 08, 2019, 06:06:40 PM
another way of avoiding the effects of this type of malware is to use address books. they can be used for most use cases specially if you are making deposits and withdrawals from a service such as an exchange that gives you a fixed address, you can add the exchange address to your wallet's address book (sometimes called contacts) and if the exchange offers that, you can add your (desktop or cold) wallet address to its pre-defined list of addresses that you withdraw to.

i also think using BIP21 links (with bitcoin:address) prevent the hijackers from changing anything.
1717  Economy / Speculation / Re: Finding the new predictor of Bitcoin Price on: December 08, 2019, 05:48:44 PM
being popular in news sites or to be more accurate, when news sites keep quoting some idiot, it doesn't make that person an "influencer". both Lee and McAfee are newbies who have been using bitcoin for their own benefits. they have only ever said too hyped up predictions and only did it to gain some popularity. we have already seen how McAfee abused it to scam people through shitcoin pumps and ICO scams.
if you want to succeed in bitcoin market you have to stop listening to others and start using your own head.
1718  Bitcoin / Bitcoin Discussion / Re: don't screw with the market with fake stuff anymore: im contacting attoneys now on: December 08, 2019, 04:43:19 PM
your main problem is that you are new to trading and the markets (not "bitcoin" market but in general anything related to trading). and since you have no idea what to do, you have crashed and burnt. now you are trying to find someone to blame, from random users on this forum to some imaginary people who are manipulating the market preventing "only you" from doing anything in it!

it is like not knowing how to swim, then insist on swimming, after you drown you try to sue Poseidon for drowning you Wink
1719  Bitcoin / Bitcoin Discussion / Re: Dominance may be down, but a key bullish sign for BTC! on: December 08, 2019, 04:26:49 PM
i don't know about "down" because whenever i check the bitcoin dominance status i see it has increased a lot. for example last time i checked bitcoin price was still rising while all the other altcoins without exception have fallen and never recovered.
or for example when i look at adoption bitcoin is the only cryptocurrency that is used in real world. there were some tiny usage for some altcoins which is dead now as they got dumped and forgotten over the past 2 years.
1720  Bitcoin / Electrum / Re: Wrong signature on Electrum on: December 07, 2019, 04:06:09 AM
why don't people read what was said in other comments before replying Cheesy

the ONLY problem here is the encoding of the signature that when it generates r and s, r is 32 bytes, s is 31 bytes. it doesn't pad s so it ends up with a 64 (1+32+31) byte signature instead of 65 (1+32+(1+31)).

if you change that, the signature becomes valid. try the following and see for yourself:
Code:
IFkS40AxIuRGDN/vnjwavfV6R00h3MKArtDB7tpBbnqIADHOlkhiEJv8JuJTeyVW2Oo23jH9u8fFTqiOms4MM9k=

this is NOT a problem with Electrum, at least not the new versions. i DID test it with my own key and brute forced a signature with a smaller r or s and it DID generate the right signature encoding.

3. the signature I get: IFkS40AxIuRGDN/vnjwavfV6R00h3MKArtDB7tpBbnqIMc6WSGIQm/wm4lN7JVbY6jbeMf27x8VOqI6azgwz2Q==

your signature length is invalid, it should have been 65 bytes but what you posted here is only 64 bytes which means it is missing 1 byte.

this should not have happened, i can't see any bugs that could lead to this either. are you sure that you have not modified the signature yourself?
Pages: « 1 ... 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 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 [86] 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 ... 285 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!