Bitcoin Reddit

More / Bitcoin Reddit - 2 years ago

Question regarding safety of my cold storage setup

Hi yall. I was hoping to see what you guys thought of part of my cold storage setup. I have a hardware device where I initially created my wallet. Now for backing up my seed phrase I have two methods: the first is a secured a physical form in a safe...

More / Bitcoin Reddit - 2 years ago

are high transaction fees a good thing

doesn't this prevent the network from being spammed. So once these tokens become worthless it'll no longer be worth it to use the blockchain to generate them? Driving back down the transaction fee. Whereas cryptos with super cheap transaction...

More / Bitcoin Reddit - 2 years ago

Bitcoin wallet help please

I'm 17, 18 in like 4 months is their any way I can Buy and SEND bitcoin while being under 17. Tried getting my mom to help me set it up she isnt really comfortable sharing her info online so no luck there. submitted by /u/jsquad23...

More / Bitcoin Reddit - 2 years ago

low fee

so someone sent me btc with less than 40sat/vb, what are my options if I want to recieve this transaction anytime soon, like within a day. submitted by /u/DoesNotWorkForFBI [link] [comments]

More / Bitcoin Reddit - 2 years ago

Thoughts on Jeff Booth's hypothesis?

Jeff Booth is a famous Bitcoiner, and as far as I understand it, essentially argues that technological advancement increases the productivity of a society. That is, through technological progress things get cheaper and easier to make. His second poin...

More / Bitcoin Reddit - 2 years ago

Private Key Bruteforce computational requirements

So as many people may or may not be aware. You can get the indexed values of ALL possible private keys within the key space. Of course building such a database would be computationally impossible, so what you can do is what many do, compute the addre...

More / Bitcoin Reddit - 2 years ago

Abra next to go bankrupt apparently....

Abra is now requiring 0.4BTC for a minimum deposit...they just steal any amount of Bitcoin under this now...I expected better from a CEO/founder who gave the first Bitcoin ted talk... No alternatives for lightning or smaller fees(that will eventually...

More / Bitcoin Reddit - 2 years ago

I'm so confused, help?

I need to buy something online, but they only accept bitcoin. I installed a bitcoin wallet with the app Electrum using the info in this sub, but I'm confused as to how I actually buy bitcoins. I don't want to invest, I just want like £60 in m...

More / Bitcoin Reddit - 2 years ago

Idiots and TX fees

JFC some idiot just spent 3.5million SATs to send 39million SATs.... People plz educate yourself....NGMI Block788951 submitted by /u/Halo22B [link] [comments]

More / Bitcoin Reddit - 2 years ago

Size and Weight

I think the terms are confusing. Especially how weight is used. Shouldn't weight be called volume and size be called weight? In other words: A block is like a backpack. It has a limited volume (4MWU, currently we call that weight). Fees are based...