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Other Cryptocurrency

Discussion in 'General' started by MLyons, 6 Dec 2017.

  1. Bungletron

    Bungletron Minimodder

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  2. TheMadDutchDude

    TheMadDutchDude The Flying Dutchman

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    I've got a Ledger Nano S on the way. Shame they took a week just to process/ship the order! I'm growing more and more afraid of keeping my coin on the exchange.
     
  3. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

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    As you should be. If you don't have the keys, you don't have the coins. Simple as.

    (One of the biggest mistakes in cryptocurrency was using the term "wallet". Wallets contain money. Bitcoin wallets don't contain Bitcoin; they contain the private keys which can be used to transact with Bitcoin on the blockchain. They're keychains, and should have been called such from the beginning.)
     
  4. SkiDave

    SkiDave Minimodder

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    I've got a Ledger Nano S on my Christmas list - using exodus in the mean time.
     
  5. Anfield

    Anfield Multimodder

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    So Nicescam claimed in the stream:

    They've been hacked (hacker allegedly got in through a compromised account of a nicescam engineer)
    Hacker took approx one hour after having gotten in to figure out their setup and steal the funds
    They'll try to make a comeback

    So either inside job or OpSec so laughable that the theft was inevitable.
     
  6. TheMadDutchDude

    TheMadDutchDude The Flying Dutchman

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    I would say it was an inside job...
     
  7. SkiDave

    SkiDave Minimodder

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    Yeah, it's all a bit too convenient
     
  8. Wakka

    Wakka Yo, eat this, ya?

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    So I just dropped 100 Euro on BitCoin.


    I apologise to everyone if the arse falls out of it now.
     
  9. MLyons

    MLyons 70% Dev, 30% Doge. DevDoge Staff Administrator Super Moderator Moderator

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    "bit-tech user 'Wakka' causes global Bitcoin crash ruining thousands of lives" - Daily Mail
     
  10. Anfield

    Anfield Multimodder

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    Just keep holding it for the next price rally that will send it even higher.
     
  11. edzieba

    edzieba Virtual Realist

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    Just found a wallet in an old backup, with the 1.5 BTC I bought on a whim half a decade ago. Unfortunately, while I thought I could remember the passphrase (quote from a novel) that doesn't appear to be correct. Looked up btcrecover, so going to try that with a bunch of spelling/grammar/punctuation variants. Worth an hour or two for the possible (£17k? Blimey!) payoff.
     
  12. bawjaws

    bawjaws Multimodder

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    Yeah, I'd say that's worth an hour or so of your time! :D
     
  13. TheMadDutchDude

    TheMadDutchDude The Flying Dutchman

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    I'd keep trying it regardless. That's one heck of a pay out if you can get the pass phrase correct. :D

    Shame the value has tanked overnight... but it shall return! :D
     
  14. MLyons

    MLyons 70% Dev, 30% Doge. DevDoge Staff Administrator Super Moderator Moderator

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    Should of seen my face when i went to open the company one I setup and I got the pass wrong... And I'm the only one with the pass. Thankfully i got it right 3rd time. DR just goes "well... that's awkward"
     
  15. SkiDave

    SkiDave Minimodder

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    I read somewhere that it was always worthwhile doing a test recovery of your wallet when you set it up to make sure seed words were written down correctly.
    Definitely gonna do that when I get my ledger nano s.
     
  16. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

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    The Ledger makes you re-enter your seed as part of the setup process, to verify you've written it down correctly.
     
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  17. Wakka

    Wakka Yo, eat this, ya?

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    Beers are on edzieba!
     
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  18. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

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    Holy shirtballs, would you look at that Bitcoin mempool?!

    Screenshot-2017-12-8 Johoe's Mempool Size Statistics.png

    You're looking at 400 satoshis per byte to get into the next block at the moment. Things start going south early on the 6th, apparently, and have been exploding since.

    (I've got a 34s/b Segwit transaction pending - it'll be interesting to see if/when that confirms!)
     
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  19. Mr_Mistoffelees

    Mr_Mistoffelees The Rotary Cat.

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  20. edzieba

    edzieba Virtual Realist

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    Holy crap on a crap, I did it!

    Now how in the hell do I turn this into fungible currency?
     
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