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Showing 9 of 9 results by cryptocovetrade
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Board Announcements (Altcoins)
Re: [XMR] Monero - A secure, private, untraceable cryptocurrency
by
cryptocovetrade
on 09/09/2023, 17:30:35 UTC
Please let me know this scenario regarding if XMR can be tracked ?

If a person A send 2 XMR to an Exchange and a person B also send 2 XMR to the same exchange address, can't they be verified on the XMR blockchain that they send both send how many XMR each to an exchange XMR addreess?

Also, if a person A send 2 XMR to a person B XMR wallet, can't the third party know to which address the person A is sending his XMR ?

Nope, the addresses are always hidden. As far as the exchange knows, Person A and Person B are the same.

Are you sure about this ? If i send XMR from one exchange to another, it cannot be traced?
How it is possible as monero also have a public blockchain, isn't ?
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Topic
Board Wallet software
Re: Usb Encryption
by
cryptocovetrade
on 03/09/2023, 18:22:27 UTC
You do not have to encrypt the seed phrase because you can simply create a BIP39 passphrase. In this case, the seed phrase itself is useless without the additional passphrase, which you can write down and store in a safe location separately from the seed phrase.

How do i create a passphrase for my wallet which i have already created?
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Topic
Board Wallet software
Re: Usb Encryption
by
cryptocovetrade
on 03/09/2023, 18:14:14 UTC

If you entered a password while creating wallet on electrum itself makes the wallet file encrypted, so you don't need to worry about that.

That password protected wallet file remains password protected, even if you import that into a new electrum wallet ?

Also if i make a wallet without password protected wallet file, can i convert that later to password protected ?

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Topic
Board Wallet software
Topic OP
Usb Encryption
by
cryptocovetrade
on 03/09/2023, 17:44:56 UTC
I write my electrum private seed on the piece of paper and save it with me but i fear that someone near to me may read that paper and get access to the wallet. So i copied the wallet file on my usb and also write the seed in notepad in that usb. Now i want to password protect that usb or encrypt it so if anyone tries to access that usb, he can never open and read it contents.  How to do this ?
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Topic
Board Off-topic
Re: Bitcoin or Gold??
by
cryptocovetrade
on 27/08/2023, 16:34:45 UTC
Actually, I have some money that I want to invest in Bitcoin or gold so please tell me which should I invest in? I have also asked some of my family members and friends and some are saying to invest in Bitcoin and some are saying to invest in gold I am confused so please tell me what should I do?

You should buy both half an investment in gold and half an investment in Bitcoin. But, it also depends on your budget and the price of Bitcoin. If the Bitcoin price is low and the gold price is high, then buy Bitcoin.
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Board Gambling discussion
Re: Cricket Asia Cup 2023! Which team will WIN?
by
cryptocovetrade
on 27/08/2023, 16:26:35 UTC
Asia Cup starts on 30th August 2023, and I know that everyone can't wait for 2nd September 2023 because on 2nd September is the biggest battle of cricket Pakistan vs India, and you say who will win so, Pakistan has a chance to win this cup because Pakistan is the no.1 ODI cricket team and no.1 Batsman of ODI Babar Azam.
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Board Services
Re: Write a short crypto casino feedback [Paying $5 directly to your BTC wallet]
by
cryptocovetrade
on 23/01/2022, 19:16:34 UTC
Username: cryptocovetrade
BTC Address:  bc1qvt30xcv8hj7e4cq4vpvrvv9shwlcvhqexyhnnk
Website review comment:  Roobet
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Topic
Board Bitcoin Discussion
Re: Bitcoin will be more effective in the future
by
cryptocovetrade
on 05/09/2021, 12:02:24 UTC
The government banned bitcoin because of its uncontrollable nature. But that's not an excuse..because bitcoin is better that way. Give freedom to its users without any government intervention. It's worth it if bitcoin can be better in the future.

Governments can't ban it completely and one day they will have to accept bitcoin. They will have no options left with them.
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Topic
Board Bitcoin Discussion
Re: BTC vs GOLD
by
cryptocovetrade
on 10/12/2020, 13:41:22 UTC
According to JP Morgan BTC has affected Gold market and increase in popularity of Cryptocurrencies will impact Gold market.
What you guys think about that?
https://i.imgur.com/O3TsR3r.png

Courtesy- Financial Express

People are selling gold for bitcoins. Thats strange.