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Showing 20 of 100 results by digital_mine
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Topic
Board Bitcoin Discussion
Topic OP
USDT in the Bitcoin blockchain with taproot and lightning network
by
digital_mine
on 16/03/2025, 12:11:02 UTC
Hello everyone,

I hope I’m not writing in the wrong thread; if so, please excuse me.

I recently read about the new integration of USDT on the Bitcoin blockchain, made possible by Taproot addresses and the Lightning Network.
However, I couldn’t figure out how to actually move and use my USDT within the Bitcoin network, and I haven’t seen any services or exchanges that support this integration yet.

Did I miss something, or am I just looking in the wrong direction? Could you guys kindly point me to the right resources to explore this integration practically?

Thanks!
Post
Topic
Board Speculation
Merits 3 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
digital_mine
on 01/05/2024, 18:03:38 UTC
⭐ Merited by d5000 (2) ,JayJuanGee (1)
Good morning Bitcoinland.

Nice to see Chartbuddy back. Thanks Richy.

The predictable post-halving dip is right on schedule. Glad I bought my tax-time dollars when a bitcoin could still get 64k of them.

Hopefully by the time I need to buy some more in early June dollars will be cheap again. This dip shouldn't last too long.

Go Bitcoin go.

Edit: I just noticed I passed 4k activity.

4k merit is easy... just make decent posts. 4K activity takes time and regular posting.

The recent halving took place and shortly after, we are witnessing a 10% drop in the price of Bitcoin.

So, is there any truth to the comment about the "predictable post-halving dip"? Let's take a look at the historical price action of Bitcoin following previous halving events:

First halving: November 28, 2012 - The mining reward decreased from 50 BTC to 25 BTC per block. Bitcoin's price at the time was around $12.20. Indeed, in the months following the halving, the price of Bitcoin dipped, falling to around $6-7 by the end of November 2012. However, by the end of 2013, the price had skyrocketed to almost $1,000.

Second halving: July 9, 2016 - The mining reward was reduced from 25 BTC to 12.5 BTC per block. Bitcoin's price stood at approximately $640 at the time of the halving. Once again, a temporary decline occurred, with the price dropping to around $550 by the end of July. But by July 2017, Bitcoin's price had soared to $2,550.

Third halving: May 11, 2020 - The mining reward was halved from 12.5 BTC to 6.25 BTC per block. Bitcoin's price was around $8,750 at the time of the halving. A similar pattern emerged, with the price dipping to about $8,600 by the end of May. However, by April 2021, Bitcoin had reached a new all-time high of over $64,000.

Now, following the fourth halving in March 2024, we have witnessed another price drop of 10%, as mentioned earlier.

Based on this historical context, it seems that the comment about the "predictable post-halving dip" holds some weight!!
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
digital_mine
on 08/02/2024, 15:55:58 UTC
Anyone know why this price pump siince yesterday?
Post
Topic
Board Services
Re: Best Paid Ads for Cryptocurrency
by
digital_mine
on 27/11/2023, 20:57:43 UTC
is your website accepted as being crypto-related where you added the code for AdSense? you are more lucky to haave that account actually when everyone who wants to have are dying to get accepted.

Cointraffic and coinzilla are the most used crypto ad network by publishers or site owners running ads on their sites. Although this two have strict rules when accepting sites on their list, your site should have enough traffic well at least 30,000-50,000 visits per month, i'm not sure the numbers but higher is much better especially on coinzilla. Cointraffic minimum withdrawals is €25 for bitcoin, and €200 or 300 for bank transfer/wire, i just not so sure on coinzilla since the site i managed never got accepted there unlike cointraffic.

€25 looks easy to earn if you have that huge of visitors. 30k a month looks very hard for a blog to achieve unless you are as creative as those crypto news sites to have done it alone. the popular crypto news sites such as i can see are using adbutler.com it must be paying BTC too.

It is not crypto related, and I'm noticing that all the alternatives are just for crypto related contents blogs. I'm afraid I have no choice to stay with adsense
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Topic
Board Services
Re: Best Paid Ads for Cryptocurrency
by
digital_mine
on 27/11/2023, 20:28:11 UTC
Cointraffic and coinzilla are the most used crypto ad network by publishers or site owners running ads on their sites. Although this two have strict rules when accepting sites on their list, your site should have enough traffic well at least 30,000-50,000 visits per month, i'm not sure the numbers but higher is much better especially on coinzilla. Cointraffic minimum withdrawals is €25 for bitcoin, and €200 or 300 for bank transfer/wire, i just not so sure on coinzilla since the site i managed never got accepted there unlike cointraffic.

Thanks a lot I'll check them out!
Post
Topic
Board Services
Topic OP
Best Paid Ads for Cryptocurrency
by
digital_mine
on 27/11/2023, 19:58:51 UTC
Hello Everyone,

I'm quite bored with the advertising service that Google offers, and for this reason I wanted to try something alternative that pays directly in Bitcoin or altcoins.

Can you guys suggest me the legit ones and the ones that pays the most.

I remember back in the days there was mellow ads or something like that but now it seems offline.
Post
Topic
Board Bitcoin Technical Support
Re: New transaction no confirmations not in mempool
by
digital_mine
on 25/11/2023, 10:42:27 UTC
Here the transaction ID: b7007ef7cf8f9cb180231755a5bb7f2fbab122c7abe7d20cd345641718c730c0
If you want to re-broadcast it and to check what's wrong, go to the "Transactions" tab, right-click on the transaction and select "Copy raw transaction".
Then go to Console and enter the command: sendrawtransaction "RAW_TRANSACTION"
Alternatively, use testmempoolaccept if you do not want to re-broadcast it.
If it shows an error, that is the cause the issue.

Thanks, I think I need to rescan because it said:

Code:
bad-txns-inputs-missingorspent (code -25)

The question is why it showed positive balance on my wallet after full sync and scan?
Post
Topic
Board Bitcoin Technical Support
Topic OP
New transaction no confirmations not in mempool
by
digital_mine
on 24/11/2023, 21:11:36 UTC
I re-started using the Bitcoin core wallet after few years.

While I'm learning the new descriptors, and try to figure them out against the old school private keys, sent few coins from one old imported address to a new Bech32m taproot address.

The transaction is not even in the mempool, if I try to search it in a block explorer it looks like it doesn't even exist.

The address was fully rescan and the wallet is synced to the blockchain, so what is going on?

Here the transaction ID: b7007ef7cf8f9cb180231755a5bb7f2fbab122c7abe7d20cd345641718c730c0


Thanks
Post
Topic
Board Bitcoin Technical Support
Re: Issue importing wallet from private key on bitcoin core version 25
by
digital_mine
on 24/11/2023, 21:04:43 UTC
I don't understand why we are going on the direction of removing the possibility to fully get access to the private keys?
Having no access to export individual private keys isn't depriving users access to their private keys.
The command listdescriptors true is always available to export the wallet's master private key anyways.
Refer to my post above regarding the reason for removal of dumpprivkey command in descriptor wallets.

For the depreciation of legacy wallets, read this article written by achow101: achow101.com/2020/10/0.21-wallets

Thanks a lot, I need to study a bit this new fuctionality
Post
Topic
Board Bitcoin Technical Support
Re: Issue importing wallet from private key on bitcoin core version 25
by
digital_mine
on 24/11/2023, 11:43:14 UTC
And you can also create a non descriptor wallet.
When you create a new wallet just uncheck the option for descriptor wallet



This option will eventually no longer be supported but you will always have some way to handle a private key.

-Dave

This actually helps a lot thanks!!
Post
Topic
Board Bitcoin Technical Support
Re: Issue importing wallet from private key on bitcoin core version 25
by
digital_mine
on 23/11/2023, 23:22:05 UTC
These are the command I'm using on the wallet console:
Code:
importprivkey "MY KEY"
Code:
dumpprivkey "ADDRESS"
You still can import but with a different command: use importdescriptors instead.
For a single WIF private key of a Native SegWit address, the command should look like this:
Code:
importdescriptors "[{\"desc\": \"wpkh(WIF_PRIV_KEY)#z0cazjry\", \"timestamp\": 0}]"
Use: help importdescriptors to know how to use the command.
Here's how to construct descriptors: https://github.com/bitcoin/bitcoin/blob/master/doc/descriptors.md
And to get the checksum (#z0cazjry in the example), use: getdescriptorinfo "descriptor"


For dumpprivkey, I believe that it's intentionally removed because of the design of BIP44, BIP49, BIP84 and BIP86 standards which now use non-hardened addresses.
Previously, there's no serious issue with exporting a single private key from a legacy HD wallet with hardened addresses since there's no way to compute the parent extended private key from its pair extended public key and a child (exported) private key.
Now, since the 'address_index' as well as the 'chain_index' (change) paths aren't hardened, that issue is now possible if an attacker gets his hand on the data mentioned above.

There's a workaround to export your privKey but be warned of the issue above:  https://bitcointalk.org/index.php?topic=5449245.msg62109703#msg62109703

If I can't get my keys, the point is the same: NOT MY KEYS NOT MY COINS.
You're still in control your keys in your wallet which is stored in your device.
There's no second/third-party custodian that hodls it for you.

Thanks, it looks like it works.
Post
Topic
Board Bitcoin Technical Support
Re: Issue importing wallet from private key on bitcoin core version 25
by
digital_mine
on 23/11/2023, 12:08:25 UTC
The newer versions of core create descriptor  / HD wallets


See https://github.com/bitcoin/bitcoin/issues/26239

Bitcoin Core is now creating descriptor wallets by default since version 24.0. These have an HD key by default, so Core is blocking you from exporting the private keys made by it.

Docs say you should use backupwallet with the -rpcwallet command-line switch (to select the wallet) to make a backup copy of the wallet in a location you choose, which from my point of view is ridiculous since you could just make a copy of the wallet manually.

It is always possible to open up the database wallet file and perform surgery on it to get its encrypted private keys though.

Sadly, it does not allow you to (easily) get the individual private keys Sad

Eliminating all other points of this discussion for the moment. If you are going to keep your coins yourself, which is a very good thing since not your keys, not your coins.

Don't use just core or any other wallet, get a hardware wallet for additional security.
The funds you save will be your own....

-Dave

Thanks Dave,

If I can't get my keys, the point is the same: NOT MY KEYS NOT MY COINS.

So at this point what, if you know, is the last bitcoin core version that allow to EASILY, get your keys like back in the days.

Thanks
Post
Topic
Board Bitcoin Technical Support
Merits 8 from 3 users
Topic OP
Issue importing wallet from private key on bitcoin core version 25
by
digital_mine
on 23/11/2023, 11:37:14 UTC
⭐ Merited by o_e_l_e_o (4) ,ETFbitcoin (2) ,Halab (2)
Hello everyone,

I finally decided to use again the beloved bitcoin core wallet after several years.

These last events regarding CEX, regulations and ETF approvals, let me think that is not safe anymore, if ever, to keep my bitcoin on Binance.

I downloaded the last bitcoin core version, synced with the blockchain, and I wanted to import some wallet addresses I used back in the day and, I wanted to get the private keys of some new addresses just created, but in both cases I got this error: "Only legacy wallets are supported by this command (code -4)".

I don't get how to use private keys with this bitcoin core version, in my opinion being able to fully control private keys is the most important part of safety using bitcoin, so I'm uncomfortable to withdraw my funds without being sure of being in total control of my private keys.

These are the command I'm using on the wallet console:
Code:
importprivkey "MY KEY"
Code:
dumpprivkey "ADDRESS"

This is the error:
Code:
Only legacy wallets are supported by this command (code -4)

Thanks in advance!
Post
Topic
Board Service Announcements (Altcoins)
Re: [ANN] digital.mine content monetization and promotion on STEEM and HIVE
by
digital_mine
on 10/07/2020, 15:50:14 UTC
Quote
We rised around 115 000 STEEM and HIVE with our project, for a total value as today exchange rate of both coins of 56625 EURO / 61900 USD

AS Today our fund reached 322339 STEEM and 464735 HIVE for a total amount of 158111 EURO or 178510 USD
Post
Topic
Board Services
Topic OP
Can code DISCORD, TELEGRAM and TWITTER bot for you
by
digital_mine
on 19/05/2020, 13:59:21 UTC
Hi there,

I can code with quite fast in python programming language and convert the .py in an .exe file for your one click use on windows any kind of bots for DISCORD TWITTER or TELEGRAM.

Here a couple of examples:

The bots can be useful to give infos to your community or to entertain it, or to get new followers in an organic way.
Post
Topic
Board Economics
Re: Is Malaysia crypto friendly
by
digital_mine
on 19/05/2020, 13:44:36 UTC
But it's not all about the price of bitcoin why anyone is interested in it. Like me, I found bitcoin in 2016 to be much lower than it is today. If Malaysians open their minds and see the value and help of this technology especially in online transactions, they will give them time to focus and study.

By the way, what is the CBDC's plan? what does that mean? can you provide more information?

Yeah that CBDC plan is interesting I would like to know more as well
Post
Topic
Board Service Announcements (Altcoins)
Re: [ANN] digital.mine content monetization and promotion. Safe way to earn coins
by
digital_mine
on 19/05/2020, 13:30:17 UTC
RESERVED
Post
Topic
Board Service Announcements (Altcoins)
Topic OP
[ANN] digital.mine content monetization and promotion. Safe way to earn coins
by
digital_mine
on 19/05/2020, 13:24:23 UTC

I would like to introduce you our monetization, and promotion service on the steem and hive blockchains.

for who that may don't know about those blockchains here a quick presentation:
Quote
STEEM and HIVE  are a social blockchain that grows communities, and makes immediate revenue streams possible for users by rewarding them for sharing contents.

So in other words both STEEM and HIVE are decentralized cryptocurrencies like BITCOIN, that give you the possibility to create new coins, hence profit, with your contents.

We offer a possibility to increase your cryptocurrency earnings with our curation pool that works on both chains, and we are able to do so with mainly to services:

  • CONTENT MONETIZATION AND PROMOTION
  • JOIN THE CURATION POOL

About the CONTENT MONETIZATION AND PROMOTION:
  • Our monetization service is designed for the content creators to earn some money from their creativity, and to get helped to promote their contents on hive, steem, and on twitter where we have a good followers base.
    The STEEM, and HIVE blockchains allow the content creators to get paid by curators like us by express our appreciation via an UPVOTE, that is the action that actually produce the coins on these blockchains.
    By joining this service you will join our curation pool, it means that more people will join more everyone will earn!

About JOIN THE CURATION POOL:
  • With this service you can participate to our curation pool by delegating minimum 2000 STEEM or 2000 HIVE or both to us. In this case you don't need to create contentents in order to participate, but simply leave the delegation active.
    While your delegations will be active you will receive a weekly payout, normally processed on monday, based on the value of your delegations, and how much our pool produced during the previous week.
    If the delegation will be both on STEEM and HIVE the payout will be on both coins, else just on the coin delegated.

As mentioned above our services are available against a DELEGATION and not by direct transfer the coins to us, and the difference is simple but very important we think.

The delegation is a function build in the STEEM and HIVE blockchains. It allows you to transfer your coins to another user, but without losing the ownership over them.
With the STEEM/HIVE power delegation all of the problems linked with trust are solved. You can delegate you STEEM OR HIVE, so your MONEY, get a profit, and if the project doesn't fulfill your expectations, you can get back your funds with no issue at all with simply a click.
Who run the project can not stop you from getting your money back, or move them elsewhere, he or she can just operate the project as promised, and use your delegated STEEM or HIVE to power it, as long as I keep the delegation on!


We rised around 115 000 STEEM and HIVE with our project, for a total value as today exchange rate of both coins of 56625 EURO / 61900 USD

If you want to check our pool performances and our coins production:

We are open to discussion and support both here, on steem on hive, and on our discord channel https://discord.gg/bAcUWPb
Post
Topic
Board Economics
Re: Is Malaysia crypto friendly
by
digital_mine
on 02/02/2020, 22:12:43 UTC
Hi there,

I would like to ask if someone here knows  or not Malaysia is open to cryptocurrencies related business?

If someone is actually doing something or if there are some projects or incentives to star up something there...

Thanks for your attention


Mahathir Mohamad was campaigning heavily for de-dollarization. Malaysia initiated the Kuala Lumpur Summit (December 2019) which was attended by 20 countries and from the four countries present, Malaysia, Iran, Turkey, and Qatar, considering trade cooperation by using gold as a payment instrument, replacing the US dollar.

The results of the Kuala Lumpur Summit also gave rise to the agenda of creating a new regional currency that was intended for transactions between members. This new currency can be either gold or stable coins with gold underlying.

This agenda certainly brings great opportunities for the development of cryptocurrency in Malaysia. The latest news, the Malaysian Securities Commission (SC) has issued regulatory guidelines that require token / Initial Exchange Offerings (IEO) in the country to be attached to the exchange requires every Malaysian regulator.

This certainly opens up many opportunities for start-up businesses on the basis of a growing blockchain and crypto base in Malaysia. There are already a number of programs running like this below.

https://fintechnews.my/18476/blockchain/blockchain-malaysia-projects/

Thanks for the link I'll chek it out
Post
Topic
Board Economics
Re: Is Malaysia crypto friendly
by
digital_mine
on 02/02/2020, 22:09:59 UTC
Hi there,

I would like to ask if someone here knows  or not Malaysia is open to cryptocurrencies related business?


Malaysia is open but the users are not that many compared to other country like Indonesia and Philippines. I am working in malaysia and rarely see some guys who are interested but I noticed there are fond of doing mining cause my co worker said he has friends who are doing cryptocurrency mining.

If you would noticed they dont have own local board here on forum cause the users arent that many to put up. But there are many members here came from Malaysia. I'm not sure whether theymos could put up one for Malaysian users maybe in the future if the community members increased.

That means the electricity is quite cheap there isn't it?