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 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

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skywardsword
post May 12 2021, 03:29 PM

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Does Satoshi also have 1million bitcoin cash ?

Trying to understand the hardfork.
skywardsword
post May 12 2021, 04:41 PM

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QUOTE(UserU @ May 12 2021, 04:32 PM)
Pretty sure he does, as long as he still has access to his holdings.
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So when BCH goes up, however much... he is double rich?

BTC is already up there....


skywardsword
post May 13 2021, 09:43 AM

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Guys hodl your horses ..

Elon still believe in BTC storing values. Just don't believe it sustained the transaction that is involved with mass adoption.

Maybe he will do another crypto currency call tescoin


Don't underestimate his ability to shill a coin....

This post has been edited by skywardsword: May 13 2021, 09:44 AM
skywardsword
post May 13 2021, 03:00 PM

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btw - Full scale middle east war.

Cryptocurrency UP or Down?

USD up?
skywardsword
post May 19 2021, 05:19 PM

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600 billion just wiped out?

Lots of people got poorer and lots of people got richer?
skywardsword
post May 19 2021, 05:32 PM

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QUOTE(kelvinfixx @ May 19 2021, 05:21 PM)
only some rich will get richer, it's the same as any money game. Others are just funding their windfall!
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It just went below the capital that I took out 2 months ago.


So with what China is scaring everyone about crytocurrency - if all miners in China is taken offline, all the crypto confiscated and burned. Isnt it better for the rest of the world?

Of course the transaction hashing speed would plummet to below half? but Just how much cryptocurrency are the Chinese hodling?


skywardsword
post May 19 2021, 07:49 PM

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Guys don't forget.... Olympics in July......any old sifu knows usually crypto up or down during Olympics?
skywardsword
post Jun 24 2021, 04:57 PM

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QUOTE(Moogle Stiltzkin @ Jun 24 2021, 10:20 AM)
you talking about this?


https://www.bloomberg.com/news/articles/202...lion-in-bitcoin

https://news.ycombinator.com/item?id=27606039
not sure, i just heard about it  hmm.gif
was these the tell tale sign of something dodgy going on
ohmy.gif
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preparing for cold storage of my bch and eth. hopefully the hardware wallet arrives soon.

I bought ledger.


a couple of things I noted: the ledger nano x battery is rated 100mah and design to last 5 years. I reckon it is like my xiaomi band battery... need to maintain the charge just like mobile phone and laptops, and not let it drain to zero percent for too long or it will damage the lithium cells.

Therefore need to charge or at least hook it up every 3-4months.
skywardsword
post Jun 24 2021, 06:16 PM

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QUOTE(Moogle Stiltzkin @ Jun 24 2021, 05:36 PM)
i was seriously considering ledger. although the hardware is secure, i did not like how they leak their customer details. so personally i avoid dealing with this company that already failed to protect their customer info  shakehead.gif

Because people know your name, where you live, and that you own crypto......

Think i am paranoid? just recently a guy doge millionaire was raped after a girl found out he had crypto and tried to get him to impregnate her at gunpoint....  ohmy.gif  wow.....


I looked at Trezor i like it. You can also do quirky (not rely relevant stuff) like add a doge picture to your screen  nod.gif


Then i read that for smartphone you got exodus. And it supports for use with a Trezor. I like the convenience of this able to check on your crypto from your smartphone but still having the security of a hardware wallet close at hand  nod.gif



there's also a guide here for transfering to exodus from binance
https://support.exodus.com/article/1529-bin...us-step-by-step
This is an excellent intro and guide for using Trezor, you should check it

if you buy these hardware wallets buy from the official online store. If you go to their website, they also have the local OFFICIAL resellers, so you can use that (don't buy some shopee/lazada from random unknown sellers. you never know whether they tampered with it or something). I don't know whether if you buy overseas whether it will get held at customs (it's a bit of a hassle to deal with customs but is doable online, i've done it before), so to save the hassle you can purchase from official resellers locally as listed on the official website  smile.gif
anyway to my understanding, if your crypto is stored on the hardware wallet, even if it gets destroyed or stolen, you can still recover your crypto by using your seed phrases.

Using seed phrases, i believe you use it on a new trezor (or in your case, ledger) then it will recover your crypto, and lock out the old device? (correct me if am wrong here  sweat.gif )
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I briefly look at the recovery "frequently asked question for ledger" "basically, when you lose access to the hard wallet, you have to buy another hard wallet or any soft wallet that supports 24 word recovery"


Anyone who picks up your hard wallet cannot transact with it, unless they know your pin. As for how do you wipe the lost hard wallet, three pin tries - and the wallet self reset to factory.


Really, need to just get a phone that we dont do other shit if we are keeping significant amount of bitcoin.


1. lost your hardware wallet = get new wallet and setup new recovery.
2. lost your pin. - after three tries- you need to break out from storage your recovery phrases X24 and re-setup your hard wallet
3. lost your recovery phrase - this one requires you to transfer out of wallet, if you still have pin access, then followed by redoing wallet.








skywardsword
post Jun 24 2021, 09:28 PM

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QUOTE(Moogle Stiltzkin @ Jun 24 2021, 08:50 PM)
oo so basically you can recover using the seed phrase on the software wallet directly e.g. exodus on smartphone. i did not know this  doh.gif i just assumed that it had to be on the same hardware that it was created on originally.

so i guess, once you recover to the new software wallet, it will invalidated the old one?  confused.gif

I think i understand now, ty very much sir  notworthy.gif
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Lost your wallet.

*** still have seed phrase.


transfer out the balance to a temporary "exchange"

and then buy a new wallet and create a brand new seed phrase... pls dont reuse.

Transfer back from temp "exchange or wallet"

This post has been edited by skywardsword: Jun 24 2021, 09:29 PM
skywardsword
post Jul 4 2021, 09:36 AM

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Anyone ever received the ledger nano X that was sent from Laposte(french origin).

My package arrived in poslaju malaysia local town since 1-july. Do I need to do anything or pos laju will call me.


skywardsword
post Jul 4 2021, 03:51 PM

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QUOTE(Moogle Stiltzkin @ Jul 4 2021, 09:43 AM)
did you buy from the official ledger seller or reseller? (DO NOT BUY FROM SHOPEE and unofficial sources, in cauz it's a hacked device).

someone on lowyat said that if u order from the official site it will be sent to you directly, so no being held by customs according to them.

If it get hold by customs you can deal with them online, although a bit of a hassle to do.

when you bought it you just fill the shipping details they ask for. that's it.

chun explain you can order from the local official reseller here

personaly i favor trezor over ledger, because of the ledger incident  doh.gif

trezor is supported by binance. this example uses metamask
https://docs.binance.org/smart-chain/wallet/trezor.html
this example they say to use the binance chain wallet as a go in between to connect to the trezor
https://docs.binance.org/tutorial/trezor-mo...user-guide.html
https://www.reddit.com/r/Metamask/comments/...hain_wallet_vs/

https://www.reddit.com/r/TREZOR/comments/nh...ain_and_trezor/
important point is having bnb for gas.

doesn't hurt to have some eth topped up as well for any gas fees that uses that as well  hmm.gif
based on this the binance smart chain wallet sems to be bad. trusted wallet seems to be better  sweat.gif  i think this will work better as a go between binance and the trezor?
https://www.cada.news/best-wallets-for-binance-smart-chain/

or can binance exchange work direct with trezor without going through an intermediary wallet (metamask, trusted wallet) ???  hmm.gif
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Yup official website. Sent from France

QUOTE(Eithanius @ Jul 4 2021, 10:10 AM)
just sit tight and wait...

mine took 5 weeks to arrive...
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Omg....that is long

QUOTE(ktek @ Jul 4 2021, 10:14 AM)
after monday u got to call which branch handle it
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Went out to see doctor. Came back. The package arrived.

Already set it up. Now I just enable luno account to send to wallet. Takes 24hr before I can transfer.


What is the smallest amount I can transfer ETH and BCH to my hard wallet? To test before I send the big amount.

This post has been edited by skywardsword: Jul 4 2021, 03:52 PM
skywardsword
post Jul 4 2021, 05:01 PM

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QUOTE(Eithanius @ Jul 4 2021, 05:00 PM)
Baru start pandemic, everywhere lockdown...

I should have waited longer... Couple of weeks after I bought, it was offered 20% off straight from Ledger...  bangwall.gif
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like wut!!! got offer price somemore. !!!
skywardsword
post Jul 17 2021, 08:56 AM

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Some news claiming 9 year old wallet moved 21million worth of BTC... Did not click the link because worried it might be phishing. Satoshi is that you.

Any reputable and trusted source reporting this?
skywardsword
post Jul 28 2021, 01:11 PM

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QUOTE(Daniel Joseph @ Jul 28 2021, 09:34 AM)
https://www.channelnewsasia.com/news/busine...mounts-15311390

This news made me worry about putting my assets there. Anyway, any suggestion which exchange I should change to? Kucoin or coinbase?
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you should be getting a hard wallet right? dont keep your coins in exchanges... where ever you go... all exchange can go poof with your coins.


Edit: read the channelnewsasia article. basically, I like what is happening, the founder is willing to sell all its user's info, in order to be a legal entity, and also cut down on the un-protected gambling , shit trading.



Meaning: you are only scared if you are money laundering and other illegal stuff. Overall, a safer environment.


The illegal stuff will not go thru exchanges... it will be P2P...

This post has been edited by skywardsword: Jul 28 2021, 01:18 PM
skywardsword
post Jul 28 2021, 06:11 PM

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QUOTE(Daniel Joseph @ Jul 28 2021, 01:40 PM)
Thanks for the info but how about you? Do you use binance? Or do you use other exchange?
Will do.
Do you own a hard wallet?
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Using ledger nano X. I started off with luno. Not yet try others.

Only noticed cannot use it with Ada directly.

This post has been edited by skywardsword: Jul 28 2021, 07:01 PM
skywardsword
post Aug 8 2021, 03:55 PM

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QUOTE(SmallPenguin @ Aug 7 2021, 08:27 PM)
still wait for proper long position yea

spot position i bought in at lower 30?

i can wait no problem because im more interested in trading the big moves besides when you know where is the local top and local bottom theres nothing to sweat about

so same thing only if the correction is over then i will post a lotr video related  tongue.gif
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test sending from ledger live to luno wallet ... 0.001 ETH... using slowest setting. darn... like 20 minutes already still not in my luno wallet. I hope I dont miss your LOTR video and miss out on selling.
skywardsword
post Aug 8 2021, 04:05 PM

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QUOTE(Eithanius @ Aug 8 2021, 04:03 PM)
Enough to pay for fees…? I tried sending from ledger to luno, fee was like 0.004 ETH slowest…
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does that mean my sent failed and I got burned the fees?

no matter where I look for in my ledger live I dont see the transaction of send.

Edit: I just did another test send.

lol of 0.005 ETH... wow... ledger live and luno also quite slow. but at least now both the 0.001ETH and 0.005 also showed up on the ledger live and luno.

Test send: 0.001 ETH - cost me rm9.24 --- lol the value is almost the same as the send amount.

Test send 0.005 ETH - cost me 10.14 --- I consider this a lesson. lol it is expensive. Hopefully it is worthwhile.

This post has been edited by skywardsword: Aug 8 2021, 04:24 PM
skywardsword
post Aug 16 2021, 04:04 PM

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Already qq the eth I bought at rm8300.... hopefully I can recover some money.

Was left holding the bags for BCH. (bought at rm6000 level...omg)
skywardsword
post Aug 16 2021, 04:26 PM

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QUOTE(ben3003 @ Aug 16 2021, 04:14 PM)
rm8300 i tot now already more than 3.2k USD? why sitll need recover?
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I started off buying ETH. as usual, after UUU, sold it and then while thinking BCH have yet to hit ATH... I bought it... ***just so happens that was its ATH in the recent memory...

I did the rm8300 to down average some what. So I am going to sell those I bought at that price.

The amount of Seed money I put in and the amount in the wallets is still less then what I put in. Thats why I said recover.


I was already going to wait for 3 years.... but apparently it just started to rise mid Olympic...

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