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I want to generate seed phrases for cold wallets on a permanently air-gapped device.
Internet out in your reigion? Deploy a mesh wifi or BT network to transact on the Lightning network.
$RFD - Refund Coin - Currently 10M MC - 70M+ ATH - $100 Community Referral Program
10 years ago Andreas Antonopoulos made a (now more famous) presentation about Bitcoin in front of an empty room when Bitcoin was below $100
134 of FTX's firms filed for bankruptcy
Samsung Watch 4 just died. ANY ATM5 watch that shows Crypto prices, uses BT Polar heart strap and connects to Android?
Carbon: Play and Earn Crypto gaming featuring BattleTanks 2
Address Question: BTCPay Server + Voltage + BlueWallet
Should I buy now or wait more as I think BT will be around $10000 soon ?
Bt was again rejected from the $30,500-$31,000 resistance area. BT is now back at the support of the $29,000 level. Still not much movement in the market. The market is hanging between support and resistance and we will see a break of this range by this weekend. Use tight SL in all trades.
Terra/Luna blockchain has been halted. News from Newton trading platform.
How can I import my list of private keys from BT-Core to Electrum? They are using different scripts for some addresses. I don't know how to import a different script type address.
Crypto Wrestling Inu - The ERC20 Token you've been waiting for! Endorsed By WWE Legends (Not Cameo) 6 Wrestlers Sponsored! KYC and Audit! Utility on the Way!!
Olympic Cheeem | The best cheems from beijing Guys | You cant afford to miss it
Tired of high ETH fees? I wrote a quick js script you can use to check gwei prices.
Are we entering lengthening Bitcoin cycles? | Daily Crypto Update and Investing Report 12.7
Mentions
F you all if you downvoted ASSA BEEN NOTHING BT ASS COMING FROM A ADA SUPPORTER Nowhere near the prev ath last year nor this year
Okay here's my best simple explanation. You start with $300m in cash and bonds. You say to the public "I'll offer 300M BoltedTits that you can exchange 1:1 for $1 to one BT. And then you begin selling them. Well people don't redeem them initially, they use them to trade and transfer outside banking regulations. So if you have sold 200M BT and you have 100M in reserve, you need to keep a certain amount to maintain liquidity and redemption pools. Many stable coins limit individual direct redemption per individual so maybe max 250k-1m per real human per day. So we've got 200m bts in the wild, 100m at home. We've now got $200m USD cash. People won't and can't redeem all at once so we can invest part of our money, while keeping some of it liquid. Let's invest $150m in stable US Treasury bonds. If those default, then the usgov is fucked anyways so whose gonna come after us if we can't honor our agreement? So now we've got 100m BT, $150M in US bonds, and $50m cash. Now within a year without doing anything we've got 100M BT, $156M in bonds, $56m in cash. Wow that was pretty cool! We just got an interest free loan that we could invest and not get in trouble as long as things don't go down! Let try it again! Let's mint another 700M BoltedTitties and see if people still use more! We can sell them on the open market this time for just $1 each. Woohoo they did! We've now got: 500M BT coins, $150M US bonds, $56M cash + $200M cash we just got from selling new coins. Let's do that again! Invest away One year later we've got 500M BTs, $350M Bonds, and we we've got $56M + $14M extra in cash. Hmm, we are now growing our cashstack and our bonds are pretty stable... So let's see what if we keep our $350m bonds, and $50m cash, and we can invest the $20m in something a little riskier like stocks and more crypto. And hold on a second! We've still got 500M BT we didn't sell! What can we do with these? Oh I know! We'll use them as collateral for secured loans, and for very confusing staking pools! But let's invest that in index funds and stocks! Because we don't actually need to keep our volatility down, because if we default on this loan and our 500M BT that we used to secure it gets called away, we aren't fucked. They are! If they come to us for redemption all at once, sorry jack, they just shot themselves in the foot for calling away our BoltedTitties when they have to redeem them from us! It's genius! And if they sell them on the open market that just makes us look even more stable and gives us time to recover! And stonks only go up! So now we've got a low interest $500m secured loan! And we are making 5% in the difference between earnings of our stocks and our low interest secured loans from bonds! Well fuck me silly? We've still got 500M BTs, $350M bonds, $50m cash, and our $20m extra we invested is doing great. We swapped some of it for crypto which went to the moon! And now we've got a BoltedTitties secured $500m loan that we invested all in stocks and are making a massive edge on! Let's lay low, play it safe for 2-3 years, and then mint another 1B BTs as our reserves and the market grows! It literally can't go tits up, because we are the ones printing the titties and bolting their price while we edge ourselves into massive profits on interest free loans!
I'm sure the ones that created AI want BT dead.
I was thinking a # SER8 Mini PC, AMD Ryzen 7 8745HS(4nm, 8C/16T) up to 4.9GHz, Mini Computer 24GB DDR5 RAM 8TB M.2 NVME & # WiFi6/BT5.2/2.5Gbps NORMAL Ryzen with upgraded storage, do you think this would be straight for3 to 4 years? Thank you.
So many wrong things in one sentence. Comparing doge to BTC is absurd because DOGE was created as[ a joke based on BT](https://www.binance.com/en/square/post/21344765309498)C....
The whole point of having a hardware wallet is that you can use it with a "dirty" device. Instead of buying a new laptop, get another wallet that works in airgapped mode. No USB/BT, only QR codes. Jade, Coldcard and Seedsigner all do this. That way the only data to ever touch you laptop (or phone, or WiFi fridge...) are your public addresses, xpub/ypub/zpub, etc. Nothing private. Just double-check the public addresses in the confirmation screens when sending/receiving coins, and you'll be good.
> Other nation could ba k their currency on BT You okay?
I mean, technically, if they go full BTC reserve, they global economy could still stay on USD as it will be the currency backed by BTC, just like before when it was backed by gold. Other nation could ba k their currency on BT or USD.
Bitcoin is neutral: https://youtu.be/BT8FXQN-9-A?si=idjKTJNNuNjFE7t6
[https://youtu.be/BT8FXQN-9-A](https://youtu.be/BT8FXQN-9-A)
[Link to the Conference](https://youtu.be/BT8FXQN-9-A?si=uxyPGGo7uNm4pQIr)
Andreas Antonopoulos describes the ability for a localized paper economy familiar to us now to be backed by bitcoin. https://youtu.be/BT8FXQN-9-A?si=ki8pLb7ecolD8EC-
The dumb take here is using BT.
ETH weakness again BT started after the switch to POS. This is less about DeFI and more to do with the fact that POW and Bitcoin's strict monetary policy hold value better.
I asked Grok for the short & long term prospects for BT and it was pretty positive. $100K - $1 million longterm. The sub won't let me post but you can ask Grok yourself. It was reassuring.
Shitcoins have made me 10’s of thousands since November (realised gains). My biggest position is BT ? But ignoring other coins is just silly
Pizza is a bad analogy, because a pizza crumb cannot satisfy anyone's real hunger, whereas the difference between 1.0 BTC and 0.1 BTC is just a decimal point. An investor who decides to pull the trigger on a 1M BTC purchase will be just as "satisfied" with 0.1 BTC as with 10.0 BT. Shortage is only a theoretical possibility for BTC. Some lunatic with 1T or 2T could - in principle - try to corner the BTC market. This would have an opportunity cost of 5M to 10M **per hour** of risk free interest, therefore it could not last. High prices bring out sellers, doubly so for BTC since it is purely speculative.
I use the Jade Plus, which is pretty much a glorified Jade. I’d say, if you’re not going to be constantly taking money out of cold storage, use QR mode since it’s a lot safer but a little more complex than BT or USB. You can still SEND money to your view-only wallet of choice without having to use the QR code. It’s only when you’re wanting to withdraw or move funds out you’ll need to sign it with your device. Hope this helps.
Is the jade open to data access if I used BT once or is it only while connected to BT?
Just read the documents (again) . What’s the advantage of using qr mode over BT and why do people make a big deal of it in almost all videos I watch online?
Jade is built around the ESP32 and while that's an integrated SoC, so no separate WiFi/BT chip, I think it's possible to desolder the 40MHz crystal behind the shield to incapacitate all radio protocols (WiFi/BT). Honestly I think your setup is fine.
Guy is a whale. He's combined other older addresses into this. Total diamond handed but likely had other older coins around [https://mempool.space/address/15uxG7YBZYyyKTDZ3qmo4n5BT1sr8VYhe1](https://mempool.space/address/15uxG7YBZYyyKTDZ3qmo4n5BT1sr8VYhe1)
Agreed. I’m putting whatever cash I have left into ETH and big daddy BT.
I’m super jealous. I bought $300 in 2018- its worth about $3500. Great return, just bummed I missed the halcyon days of BT.
You want my take... > The whole promise of decentralization is that these markets should stand apart from the chaos of fiat systems. No, the premise is that no one actor or group of actors control a network. Market price and trading don't factor in here at all. We don't get to decide what risks capital takes. Unless it's your capital. The point of crypto is absolutely not price movements different from everything else. The point is peer to peer digital cash, censorship resistant and permissionless financial activity, to take the thing out of the hands of government, to democratize access to financial tools. *Price doesn't factor in*. Do you want to know why it moves almost in lock step? Because, like the stock market, the whole thing is a big fucking casino. Shitcoin shill *news* sites continuously parrot garbage like "bitcoin up 0.05% as fed cuts rates" and "analyst predicts one billion dollar bitcoin by 2023". Stupid people hoping for a quick buck follow this nonsense, make decisions based on it, then ironically make fun of Cramer. The "retail" is a bunch of degens, being led around BT cattle dogs to be fleeced. You're right, interest rates shouldn't have much bearing. But they do, because people have bought the line "interest rates have bearing" and so behave as if it is true. You're being fed self fulfilling prophecy by people who seek to enslave you financially and youre eating it up.
Lesson already learned this fucking painful 2024 man. BT it was to late. I won't change to BTC before "bull market" and I thought it paid out. But we are down already so much since November highs, my god 😭 I can't take this man
Sir Peter Bonfield (old fart CEO of BT) in the late 90s said "the internet is a passing phase, soon everyone will go back to pen and paper". Wiped £3,000,000,000 off British Telecoms share price pretty much instantly.
> Oh, let me compare ETH to BTC right before it even reached $1 Billion marketcap...you know when it was the same marketcap as PNUT is today. Oh, you mean when Bitcoin's market cap was 13 billion, a lower market cap than Shiba Inu and only slightly higher than BCH? You can't cherry pick numbers with me dude. > Always point to when your shitcoin has little to no value to demonstrate that it outperforms BT None of the things in [my other comment](https://old.reddit.com/r/CryptoCurrency/comments/1hb0hm5/now_i_am_become_a_maxi_the_destroyer_of_alts/m1dpa94/) had to do with pumping or price. They're fundamental to the usage and growth of the ecosystem. Strange that BTC maxi's don't care about users or usage in their religion.
Same here and I still can't get it to work on the Android App through BT. Any tips?
Hello again, We are always here to help.If you will need any additional help, we are always here. You can always can reach us over social media or via chat; [https://binance.com/en/chat](https://binance.com/en/chat) To see our social media channel;[https://www.binance.com/en/community](https://www.binance.com/en/community) \^BT
Hello Asahi According to your post, we can understand you connected to our live support team. Can you please share your Case ID so we can check your case? When you started a chat with Binance, you receive an informational e-mail. You can see your Case ID from your e-mail's inbox. \^BT
Hello Asahi, We are sorry about your experience. According to your post, we can understand you connected to our live support team. Can you please share your Case ID so we can check your case? When you started a chat with Binance, you receive an informational e-mail. You can see your Case ID from your e-mail's inbox. \^BT
I am reading comments and all I see is lambs for slaughter. They will get rekt. They believe institutions are holding BTC like crypto bros in previous cycles. On the BT TC damp will be a spectacle to see.
There are several things that come to mind. 1. my background is PhD level research into quantum computing. I have created a taxonomy and an abstraction layer model of the field to essentially be able to characterise each approach (there are many in this early field.). I also extended existing work on quantum volume to include a proposal problem volume and volume fraction. This gibberish is a method of describing the difficulty of a calculation, the capability of the hardware, and a test to see if that problem can be solved by that hardware. This stuff is being used by ISO and NIST as part of new standard documents. 2. Don't assume that quantum computing is possible at all beyond toy demonstration. 3. If you assume it is possible don't assume it can scale to a useful size. 4. All the problems are engineering problems. The trapped ion designs for example rely on moving around individual atoms in a perfect vacuum. In a previous life I was an engineer. Perfect vacuums are hard to come by. 5. The theory of how they work is proven beyond doubt. A physics professor will tell you with great confidence that it's possible. Engineers say otherwise. 6. Look at the ASIC market. If I were implementing something in this space I'd build a specific purpose device to do it. One approach to cracking cyphers based around factoring will use the approach proposed by Shor. There is a hybrid technique whereby classical computing can sieve out a proportion of easily discarded potential results, then an inverse Fourier can be performed by the quantum part to reveal the answer (much simplified). 7. Look at DWave. They're the only (or were) company to sell "quantum computers" commercially - although some/most people don't consider them to be actual quantum computers. They use a different paradigm called anealing rather than more recognisable circuit model. 8. Not so sure on the specifics of protecting the blockchain itself. Just making the key lengths silly would stave off most attacks in the short term. Even with the quantum advantage of polynomial time, it's still effective to just add more digits. See point 3. Quantum "proof" communication over distance is demonstrated. BT (UK telco) has established links between cities. This is relatively easy. The MitM attacks are prevented by using entanglement. It's very elegant and cheap. Lots more probably if anyone finds this useful.
I hold BTC, XRP, ETH, DOT, SOL... Can you please explain to me why you title your post "Why is there so much hate for XRP", then reply to your own post with "Fuck XRP"? I will give you the answer most people here are afraid to give you. I won't comment a second time. People are afraid of this coin's potential. People are mad they missed out on life changing gains this last 7x. People are afraid they might miss out again. It's easier on the people's brains to say "This is just a scam. I won't be missing out again. This will never be the future of finance." Either way. You do with the information I gave you what you will, but it's all psychology. If you do your research you would understand. 99% of people here saying XRP is centralised. Reminds you of the early days of a certain coin called BT.. I think it ended with C. Have a good one and good luck with your investments.
Keep at it… BTC is here to stay! BTC is here to Grow. I have been also buying that high… I do not intend to back anytime soon. I plan to wait for the next 5 to 10 years! Please remember this is always your responsibilities… what I write above is correct about me and indeed I am still buying at this high level… each time I can spare some. My goals are long term…. When tomorrow the BT. Will be 1M people will say I should have bought… when the BTC will fall… people will say good I didn’t pain…. Simple no pain no gain…. They can comment and comment… at the end each one makes his decision.
"sir" Peter Bonfield, once head of BT (British Telecom) also said "the internet is a passing phase, soon people will go back to pen and paper". Instantly wiped £3 BILLION off BTs share price.
I bought 10 in 2011 on a drunken Friday evening while chatting to a buddy online about if it would ever take off. Stuck it in a local wallet on a little linux project box i had at home. Bt went off my radar. 2 years later, i have this awesome idea for a project box, so i format. In 2014 i perked up to BT. Didn't i ever get a few? Oh, yes, on the projec.... T...boxfuc. It took a year for the penny to drop from a high height in a very quiet room
You're not understanding it at all. It's not moving the decimal over. The decimal stays the same. It just adds a new subdivision. It doesn't increase the number of BT. It just adds a new smaller sub unit. So 1 Satoshi would be worth 10 of the new smaller unit. 1 BTC is still 1 BTC and 1 Satoshi is still 1 Satoshi. There may just be a new decasatoshi or something that's 1/10th of a sat... it's just making smaller and smaller pieces of the same whole.
I assume BT architect does not have that on place yet?
Saylor actively invites others to do as they do. There are no real competitors here. Anyone adopting their strategy (and very few could) will only increase the value of BT and only help MSTR in the long run.
The greatest of honors , Sir Fellow BT
Yeah, I get that - I just noticed that a lot of posts or reports are about this 'big whigs' in the business and political community 'promoting' bitcoin..... and the reaction/response seems to be, 'confirmation that bitcoin is gonna take off or that it's gonna grow in prominence' or whatever - meaning ppl seem to perceive it as a positive development, if you will. I am not a hater or criticizing it - either. I am just against these powerful ppl and groups - and I interpret anything they say or do - regarding BT or digital currencies - that they have malicious intent and ulterior motives - and they're not to be trusted. I think - if you believe BT or a digital currency will eventually take off - then by all means - go for it - just be careful....don't go by these ppl without KNOWING they are playing a long game and they are not 'friends of BT' - they are opportunists - and the reasons you have BT or crypto is different than their reasons (imho). I hope I explained it better - it's just about trust and knowing that their 'interest' or 'non-interest' in BT/Crypto is based on ulterior motives and not to have 'freedom' or 'freedom from government control on our currencies' - simply because they are "connected" or in bed with governments and are corrupt SOBs.
Please read up on computers and how they work. Several wallets use BT though I'm not sure to what extent as I shy away from wireless with my wallets. You could only intercept if it's broadcasting/scanning. Bluetooth encryption isn't very difficult to people with experience in hacking/networking. But I'm sure they use a separate level of encryption on the data itself.
BT *and* bust....you can afford a lot of nudity with 1BTC
You need to look at exactly how much BTC you started with at crypto.com , look at how much BT you received in you Ledger , and see if the difference matches the [crypto.com fee schedule](https://crypto.com/exchange/document/fees-limits) of `0.0006 BTC`
Edit a transfer screenshot with a sent 5k worth of USDT in bitcoin and send a transaction ID from Tronscan to scatter their brain. If they're smart, they'll know the transaction is from Tronscan and they'll tell you the transaction ID is fake, but you'll tell them it's not and keep arguing with them till they got tired and leave you. (Tell them the USDT you sent is on BITCOIN network in a TRONSCAN Blockchain) And if they don't understand the difference between a Tronscan and BT scan, then let them be waiting for the transactions
If you bought the btc on exhange its basicly already fingerprinted to your ID. If you're asking this for fraudulent tax evasion you need to shred your fingerprint first, and considering you're asking this on reddit you probably don't know much about your digital fingerprint. You can sell it in person, or peer 2 peer. But the safest and best option is to use the legal gateways and report it if you live in an developed country connected to a central banking network. Decentralized exhanges is not enough. If you use your card, personal/work computer, phone. Its fingerprinted. Its hard today to buy crypto without getting it fingerprinted. Only way is to buy it cash face 2 face and use a ghost device that have never been connected to your devices, and still then its very little before it fingerprints the device. Just have it close to your other devices can trigger the fingerprinting (laptop with BT on in the same car as your phone and no other devices = printed) you can go full 'big brother here' but people have no idea how much 'the big guys' know about everyone. Btc is decentralized by the way the network operates, but since every wallet and TX is public its very easy to track and monitor it. Even if you mine with asics it gets fingerprinted.
So many folks throwing around "scarcity". There's nothing scarce about BT or gold or any other limited asset because the definition of scarcity, or scarce, is that "it's difficult to get hold of. Well, it's not difficult to get hold of, is it now! You just buy it, just like you buy gold. You may get less of it as the price of it increases. But you can also get more of it as price decreases. So why do investors care? Because they've been conditioned into thinking that BC is scarce by those pushing BC as the holy grail and who, admittedly, many of which sound very convincing. Very convincing indeed. But don't forget, Bernie Madoff was also pretty convincing. He had some of the richest and supposedly smartest investors eating out of his hand. The scarcity incentive on BC's value is a joke. But what's not a joke is the impact of the remaining 6% BC to be mined on mining time and power consumption and on the time and cost of validating transactions. All of these are going up, up, up and up. Meanwhile as this situation worsens, investors are sitting on BCs worth $60k and currently, apparently, feeling this is a good investment for some reason when actually not much is really backing it up except hype and promises like low transaction fees, fast transactions, secure transactions and scarcity. Of these four the only one that's absolutely true is the secure transactions because of it's usage of blockchain. But this is literally nothing unique to BC. All cryptos are using blockchain. But so are most major banks as they increasingly adopt blockchain while dropping transaction tracking/verification protocols such as SWIFT. Fast transactions? Well, yes and no. Depends on the context. Transaction times, which can be as long as 10 min, are too slow for paying for coffee at Starbucks... unless you go through some BC wallet service intermediary who will take a cut of your proceeds. For fund transfers and online purchaces, yes, here very low transaction fees still rule and is a main incentive for BC in conjunction with it's secure transaction. Especially if you're buying something illicit. IMO, it's really this illicit aspect that, BY FAR, is the one and only incentive of using BC in the first place. And the way to use it is to aquire BC when needed and then do your illicit thing. In this way you dont run the risk of BC loosing value as you would if you had BC permanently in a wallet. There's no point in investing in it or even using it as a currency because it's value is so irratic and using it as a currency while you travel, well you can't really use it in any stores anywhere, because of the uncertainty in transaction time, unless you sign up for the store's BC purchasing program or use some intermediary service who will take a cut. Not exactly convenient. The only other thing its good for is day time Las Vegas style buying and selling... like any other security really.
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Find a Bitcoin teller/ATM https://www.bitcoin.com/bitcoin-atm/ You'll get a wallet address you can then transfer to a cold wallet. I say this due to the fact that it's likely very difficult to buy custodial Bitcoin and NOT pay potential asset gains if things change in the next 18 years. Just my 2BT¢
in the early 2000s, "sir" peter bonfield head of BT said "the internet is a passing fad, soon people will go back to pen and paper". Wiped 2 BILLION off BTs shareprice almost instantly...... he wasn't senile (then) he was just a rich old fart that got the job cause his daddy was also rich.
Is there a way to create a diversified portfolio that is 100% staked using only coinbase and kraken? Here's what i mean. I want to Dollar Cost Average over the next year into 50% Eth/BT and 30% Alt Coins and 20% USDC . I want to stake the whole portfolio. Is there a way to do this only using coinbase and kraken? I am not sure what alt coins I want to buy yet but I want to buy, HODL and Stake for at least a year. First is this possible? What are the pro's and cons of this strategy?
Let's ask the BT Committee
The biggest priority right now is data that will be useful in the future. Some attackers are storing large amounts of encrypted data expecting to decrypt it later when quantum computers become available. I know of at least one bank, HSBC, has a;ready routed data through a post-quantum encrypted networt run by BT and Toshiba. The industry is treating this as a serious threat and expects regulation to enforce this soon. A lot of the old stuff is physically isolated and has more modern layers of crytography wrapped around its data in a similar way to how ssh tunnels can wrap tcp connections. It was fairly common occurance for the regulator to specify new minimum stardards for encryption for data passing over public networks as min key sizes/allowed encryption/signing schemes change over time so most banks will have experience of this sort of migration. The keys used for post quantum can be very large so this will cause some problems as this is a big change from previous changes when they key size only doubled so that will cause friction.
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ElderBlade sounds like my people. Where can I find more of my people outside of BT?
He actually had a family with wife and kids before her. Also Breedlove wanted extra fiat through the bitclout scam token in 2021. Basically a hypocrite for sure since he was always preaching homesteading, christian values, and bitcoin. All of BT is flaming him. At least his Saylor Series podcast were good
If you are paranoic, get Raspberry zero (without WIFI/BT module). Check signatures and install Raspberry Pi OS and NEVER connect it to Interner or home network. Download Ian Coleman tool (https://github.com/iancoleman/bip39). Throw a physical dice to obtain entropy and enter it into Tool. Engrave obtained seed phrase. Copy public addresses to Excel and use them to receive funds. But for spending, you will have to trust something, either hardware wallet or Electrum in cold mode...
If past performance after halvings is any indicator, expect to [triple your money](https://youtu.be/VpXhDmpJK9c?si=81h_QFTTMEl17BT1) in the next year in a half or so.
But then you are implying BTC is akin to holding stock. This goes against the entire argument of what BTC stands for. I get what you are saying about crypto diversity, but most BTC proponents are not using your argument in their advocacy for BT
Ledger is lower tier. It's not super safe, and not super convenient. It's designed around older paradigms and connects over USB/BT, meaning it is not fully airgapped. For higher security, look into wallets that can be used airgapped, and possibly also stateless. Jade, Seedsigner and Foundation Passport are good examples. All of them can transact using QR codes, meaning they are fully usable with iOS.
1. Yes 2. The hardware wallet doesn't connect to Internet through your PC. In fact it doesn't connect to the Internet at all. The job of a cold wallet is to keep your keys from ever being exposed to the Internet. You can always check the balance on your address by just looking it up on the blockchain (for instance by searching for your public address on mempool.space). When you want to spend from that address, you'll use wallet software (such as Sparrow or Nunchuk on your PC or phone). The software will generate a transaction from your address to the address you want to send the funds to. But then that transaction will be unsigned, meaning that it won't be accepted by the network (otherwise anyone would be able to send money from any address they want). That's where the cold wallet comes in. The transaction that was prepared by the wallet software is sent to the cold wallet, either via USB, Bluetooth, NFC, SD card or QR code. Then the cold wallet will sign the transaction using the private key it knows, and send back the signed transaction to the software wallet (again via USB, BT, etc). That's all the cold wallet does. Once the software wallet has the signed transaction, it can send it to the network, which will then move the coins. For maximum security you want the interaction between the cold wallet and the software wallet to be as simple as possible, so that you can monitor as much of it as you can. USB, Bluetooth and NFC are generally not the safest as there could be a ton of data going on over these channels that you don't see. With SD cards and QR codes it's easier to control what data gets transmitted. You won't necessarily be able to decipher what data is transmitted, but you'll at least know when data is being transmitted.
This. Old desktop which even dont have WIFI/BT modules. Erase disk with DBAN. Install Linux Mint and Electrum from USB, check all signatures before. Never ever connect UTP or other cable or USB again. Connect just USB camera for scanning QR code for signing transactions. Run Electrum in cold mode. That's it.
There are a variety of YouTube videos and articles breaking down the options more thoroughly, and it's always wise to get various opinions. Searching "2024 crypto wallets" should generate enough samples. Essentially, there are cold and hot wallets, and some subcategories. Most secure to least secure are: 1. cold and airgapped, meaning a cable is required to connect to your pc/phone; 2. cold and not airgapped, meaning you can connect by BT or WIFI 3. hot wallet, meaning it is an APP or PC software that you connect to the APP's / SW's site for access, trades, and storage. Trade-offs are security versus accessibility (storage for HODL versus market access for trades/swaps). If you're only wanting to securely store for years, then #1 is your go-to. If you buy #1 or #2, only buy direct from the manufacturer. As to where to store the physical wallet and the recovery details and seed phrase, there are various opinions on that. Finally, a key consideration is your pc and/or phone that you access your crypto with needs security to be as tight as you can get it (NSA-level LOL). Some argue for dedicated tech just for crypto.
What is BT That’s my problem with Coinbase. They allow me to transfer in as much as I want and purchase. But when I try to sell and transfer back to my bank, it’s not allowed? It stymies me. I’m in the US, and it’s a well-known bank. They placed this restriction from day one. It makes no sense. I’ve got to think this through
The number one regret is not selling and having paper profits The rule of thumb is if suddenly if your portfolio is good enough to take a screen shot consider taking some off. What helped me know is DCA in and DCA out. I think the four year cycle will continue especially this one but this may be the last. Certainly I don’t think we will see 50% plus drops unless we trigger some circuit and hit 300k this cycle Having cash on the side is key. For example I even took a BT in 2022 for 0% int and a 2% fee and since then bitcoin is up 300% I have taken profits there to pay debts - doing it now is bad but this summer if things play out it’ll be a good idea Personally exchange depends on your country. It helps to sell and be able to transfer it directly to bank
I wouldn’t mind hitting 100K BT. But This Sounds like a Cry for help..
.02 by now... It'd be easier to hodl if I had expendable income to use for BT. Had I never sold any I'd be about where you are but my wallet got me out of a tight spot a few times, so I guess that's nice
Proud owner of .00002 BT. Too poor to afford more though. However, that late night intoxicated decision one fateful night of $75 investment was worth it. 10/10 would do again.
I'm not on BT yet but you just converted me, this walking around barefoot and naked in a warzone sounds great
Uh... read the current post for the BT answers.
My FICO was \~820. I haven't noticed any recent BT offers around. Just about every major card was offering them back in July/September. I think they coordinate these things but I have no way of knowing.
Is theree some kind of derivative or other instrument that allows them to access a lower volatility return on BT. (for the appropriately lower reward)?
Respectfully disagree. Bitcoin is not a trademark and the twitter handle has nothing to do with bitcoin itself. There’s every flavour on BT. You don’t have to consume what you don’t want to. Personally I’m a fan of toxic btc maxis. They’re the ones that stick around through it all. Most of the toxicity is to protect new comers from scams they themselves been victim to most time. Finally, BTC and censorship do not mix well.
Thank you so much for this OP, can i ask about this my understanding provider like blackrock etc need to have certain BT so they can trade it right? Lets say Blackrock have 10000 BTC, how to know they not trade more than they can? If they can trade freely surely they can manipulate BTC price easier right? since there is no way buyer can ask BTC to their personal wallet? Or am i missunderstand about etf
My thoughts: \- is should be quite safe. If you trust the vendor. Even in Airplane mode, phone can phone to emergency number. Can it do something else also? \- modern androids are whole disk encrypted. With good password, no one can get to your keys - checkmark \- can use Electrum in cold mode - checkmark \- can scan QR addresses - checkmark Other: \- no need for ever touching Wifi and internet. Electrum can be instaled and updated through USB key \- Raspberry PI zero is much cheaper and you can buy it even without Wifi/BT chip - it's better option. You simply install PGP signed operating system on SD card, and it' up and running. Also updated like this wihout ever touching internet.
They sure have some similarities, but I find BT as still alive and vital tool for sharing and reinforcing the backup and spread of civilization's knowledge in projects like Libgen, Scihub and even the countless movies and shows trackers. > [...] because governments giving up on their money printing monopoly would be game-changing. It could mean the end of modern fiat money printing endeavors, and a transformation of the global economy. It's possible, but unlikely. Indeed unlikely imo, even if one goverenment somehow did it, another in the future will fuck it up. And even if they return to hard money maybe with a gold standard which has been done before and still is controlled by the state, then you still have the censorship issue, not to mention that they would also try a CBDC in the future. Any improvements would be nice to the current system, but in the end they would have to abolish all the KYC/AML crap, have it in a digital currency form that they don't control post-issuance to compete with Bitcoin and even then probably that would be a subset of the world's countries. > I guess this explains the ETFs, as governments can no longer ignore or marginalize crypto, they need to take the bull by the horns and wrestle it into their pen. I think ETFs are just because (i) the judicial system of the US isn't totally corrupt yet, (ii) politicans thankful still underestimate us, (iii) WallStreet wasn't part of the volume, fees and gains. In general I see Bitcoin as a trojan horse to the current rotten systems.
I like the Bitcoin/Internet analogy, but I believe a better analogy is Bitcoin/Filesharing (Bittorrent) War. That's when P2P networking was invented, and it's a vital component that Bitcoin needs to function. Also Bitcoin is renegade technology that challenges the monopoly of banks and governments, much in the way that Bittorrent challenged the content monopolies and even the notion of "intellectual property". If you follow the history of Bittorrent, it was violently resisted by Hollywood, and ISPs pretended to throttle it, but eventually the arms race ended, and BT won. The funny thing is, *hardly anyone uses BT anymore*. People just watch whatever content they want on Russian pirate websites. The content mafia still shuts down those sites, but they reopen almost immediately. On the other side, the cost of mostly unlimited streaming services is low enough that many consumers just pay rather than pirating. BT *proved a point but became irrelevant* as it was replaced by more convenient tech and enforcement against the protocol waned. It's here that the analogy may break, because governments giving up on their money printing monopoly would be game-changing. It could mean the end of modern fiat money printing endeavors, and a transformation of the global economy. It's possible, but unlikely. I guess this explains the ETFs, as governments can no longer ignore or marginalize crypto, they need to take the bull by the horns and wrestle it into their pen.
A gullible and greedy lot. You believe BTC will go beyond $50,000? Is this a highway or what? From $30,000 to $50,000 within a month? You are very lucky to ever see it near $50,000 Soo freakishly overvalued. With little or no real life use. You have 1BT. Don't trade it for FIAT. What could you possibly use it for? You are at the high TOP. And live life again. For a long long time you will never ever see it near $48,000 again. Count yourself grateful and be thankful because & 48000 happened in your watch.
Still here. Some memories.. Co-worker paid another co-worker back \~.1 BTC for lunch at Jimmy Johns. Mined some of the very first Dogecoin blocks with my Litecoin mining rig. Dual R290s in a milk crate with the mobo on a piece of cardboard. Those were the days. This was when Doge was a joke and no one cared about the price. That guy on BT Talk that went down to Cryptsy offices in Florida and confronted Paul. Paul claimed everything was fine and shortly thereafter exited scammed and fled to China. My friend had 1 BTC sitting on Cryptsy when he exit scammed. The site was so flaky I was concerned it would be hacked so I never kept anything on there except what I was trading live. This was mostly DOGE and LTC back then. Watched the charts live as BearWhale was slain. Had an account on Mt Gox but never used it. Had an account on Btc-e but never used it.
You can buy a plane for 0.75BT currently? (not talking the future here..)
This is my third bitcoin cycle I used a BT promo at 2% for 1 year and bought bitcoin at 20k it’s up over 100% I also bought a range of bitcoin from 16-20k and continue to buy Your taking soft money and turning it into assets. It’s not like OP is talking about buying a depreciating asset and a car Liquidity drives markets and we’ve hit the lowest peak of money in 2023. Guess where interest rates and liquidity is going by 2025? Coincidence that bitcoin tops out historically 6-12 months after halving Is it a good bet? Yes. I personally put my money where my mouth is
Full Video Link : https://youtu.be/BT8FXQN-9-A?si=oy6p9CHOwKa-U0VZ
That's easy to fix. I can desolder the BT antenna and disconnect the data ports. I have hardware and soldering experience, so it's not too big of a deal. As long as I can see the signed transaction before it's broadcasted, I'm good.
Initially, it was a fun, cheap way of learning about crypto. It was a bit of a joke but operated like BTC. Transfer fees were cheap and you could buy thousands for a $1. It's more fun to have 1000's of doge then 0.0000001 BT
I think minimum payment is the full amount because a BT is more like a cash advance, not a purchase. So you won’t get the benefit of pushing the puck down the ice like you think you can. Also remember to pay the minimum over the next 18 months which I think is like $10
Not necessarily. I work for a credit card company, and some of our BT offers don’t start accruing interest until after the promotional zero percent ends. It depends on the card, Op needs to read each card’s terms to know for sure.
Have you followed the release of TAAC proposal including buckets? It's there. Legimitate transactions goes through even when saturated, unlike spam that's rendered practically useless to do because of those two functions. It's really elegant and original, consistantly having transactions go through in 400 ms. I'd like to see you back that claim up because everything in this space is technicals but that doesn't mean it's practically feasible: heck, even BT had a case now were you got four transactions censored!
That weird dude is one of the most technical literate people you can find in this sub. At least 10 years experience https://www.youtube.com/watch?v=BT8FXQN-9-A
It is the peak, they are going to go down in BT’s value.
Yes, HODLing is terrible. Give me all your BT - er, I mean, sell your BTC with this new rally!
im pretty much just 50-50 between VT and BT
Most cc companies have a 'balance trasnfer' card product with a longer 0%period as an intro offer. Chase's is its Slate product. Citi's is Simplicity. Discover will have good offers too. BoA and Wells Fargo also has BT cards woth good intro offers. This strategy is only good if your disciplined. No point in paying off the Amex woth a balance transfer card if your just going to reload the Amex again.
Cointelegraph tweeted that Bitcoin ETF was approved with no source. BT immediately went up over 10 percent. Bitcoin SV over 20 and Bitcoin cash over 15 percent before all hoing down again si ce it is fake news
I think it's cheap. DYOR. Look into CoinJoin and Whirlpool. I've spent years following both projects. https://twitter.com/SamouraiWallet/status/1539618567276093441?t=BT4TfvTZed00FrfzwPM2_Q&s=19 I do not trust wasabi. They've made comments about how they don't want "criminals" to use their service. Well, that's not how this works. The same tools that protect the good guys, can be used by the bad guys. I work in...a field I don't feel like talking about right now, and that's the reality. Nothing stops a person from learning MMA and using it to mug people. Nothing stops someone from learning how to hack using 'good guy' tools / teachings and then using them for 'evil'. It's the same tools. So, by wasabi agreeing to help keep the 'baddies' out, they are not being neutral. Who is a bad guy? A guy who wants privacy? English is my second language, so I hope this all makes sense. Not financial advice, not legal advice. Just privacy advice :)