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Showing 9 of 9 results by jgvy9o0
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Board Bitcoin Discussion
Topic OP
Is it too easy to spend bitcoin in your country?
by
jgvy9o0
on 29/04/2025, 12:59:24 UTC
There are so many different rules in different countries, sometimes even BTC is banned, yet there are still BTC transactions in these countries. How does it work? Is it easy to sell btc in your country, or to buy something with it? What have you bought, for example? Or what are you planning to buy?
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Topic
Board Bitcoin Discussion
Topic OP
My stupid fiat story: How I nearly lost a brother because of banks
by
jgvy9o0
on 25/04/2025, 17:15:31 UTC
I was informed that my elder brother had been kidnapped. Few minutes later I called his phone number and the kidnappers were requesting for outrageous ransom. After three days of contacting them, we were able to negotiate until it got to the amount we could afford.

Since they requested that his wife bring the money in cash, we had to transfer what we had gathered to her account. After buying all the materials because they also requested such as cartoons of milk, biscuits, and other food items. My sister in-law headed to local money changers to collect fiat since banks are restricted to give such an amount in cash.

As she was transferring the money to the local money changer's bank account, it was later discovered that she could not move all the money since her daily transfer limit was below the amount the kidnappers demanded. When she rushed to the bank to upgrade her transfer limits, they said there was no service in the bank. When she tried to inform them that it was an emergency, they told her that there was nothing they could do about it.

It was a problem because we had already informed the kidnappers that she was bringing the money that day. When we informed them about the latest development, they told us that we were working with the police and were planning to get them arrested. They informed my sister in-law to forget about my brother because he would be killed that night. That period was the most terrifying night of my life.

Long story short, they accepted the change of plans and my brother was released the next day after his wife's account was upgraded and the money delivered in cash the next day. But my brother's leg was broken because of the delay, and he told us that he was beaten through the night.

I know that we shouldn't promote ransom payment using Bitcoin, but I would have done anything for my brother to be released. Each time I was called for ransom negotiations, I would be hearing the beatings and threats on the background and it was terrifying.

I have learned to always have Bitcoin as a backup because centralized platforms cannot be trusted. With Bitcoin:
-No need to upgrade the account.
-No network failure.
-No transaction limit.
Post
Topic
Board Bitcoin Discussion
Re: What is the record for the largest amount of BTC transferred from one wallet to?
by
jgvy9o0
on 22/04/2025, 04:20:20 UTC
so many    Smiley
Post
Topic
Board Bitcoin Discussion
Re: What is the record for the largest amount of BTC transferred from one wallet to?
by
jgvy9o0
on 19/04/2025, 13:13:10 UTC
There are many big TXs  Grin
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Topic
Board Bitcoin Discussion
Topic OP
I bought 100 bitcoin in 2011 ($2.35 per BTC) and lost my passphrase
by
jgvy9o0
on 16/04/2025, 10:34:43 UTC
this is very interesting.

In 2011, my friend told me about Bitcoin. I didn’t know much, but it sound cool. So, I bought 100 BTC from him for $2.35 each.

I used a 15-character password from a password generator. It looked strong. I write the passphrase in a paper… but in January 2012, I lost the passphrase.

I thought Btc price won't go too much, but it's rises and rises.

In 2024, I decided to recover my btc anyhow. So, I start learning about Blueforce. Fortunately , I remembered the pattern of my passphrase, 1st and last letter.

I have tried various kind of programmes to speed up bluteforce. I even wrote a small programs to test passwords with my GPU I thought might work.

the day before yesterday, I finally recovered my password.

I copied the password, opened the wallet… It worked.

My 100 BTC were still there.

25 BTC moving tx - 02d7f697386180d9a995c8f3b7b142a56f00456d2129625c30bab7ca87044f42

Lastly: Don’t lose your passphrase.
Post
Topic
Board Bitcoin Discussion
Re: The return of Satoshi
by
jgvy9o0
on 16/04/2025, 06:36:31 UTC
so, who is real satoshi
Post
Topic
Board Bitcoin Discussion
Topic OP
CSW is a liar, I am real . We are all Satoshi!!!
by
jgvy9o0
on 07/04/2025, 16:01:07 UTC
JUST CHECK THESE SIGNATURE!!!



1)

1MhpaS75Xxxyqvcv3CLBwz2L76gDDpysJm

GyL0dD7HbKAyszpt6Rq88WNzfrvpNLSFSnwsguF1wKLBB0JvEWgZGfnwgK1zAIwxHv20wRPGA3WoJmR gmIe7Ly0=

Massage:
Craig Steven Wright is a liar and a fraud. He doesn't have the keys used to sign this message.

The Lightning Network is a significant achievement. However, we need to continue work on improving on-chain capacity.

Unfortunately, the solution is not to just change a constant in the code or to allow powerful participants to force out others.

We are all Satoshi



2)

1KkajS3KDciJbfKk2Vg2SjUE6eKdiMktAa

G11n06GPTfu496tqY80f7zZl7R8jc/3XG9kt66r35xi6fnZBCFpft3rlJpUyyMJX55CB/yPeG8tFbouAycSiX5c=

Massage:
Craig Steven Wright is a liar and a fraud. He doesn't have the keys used to sign this message.

The Lightning Network is a significant achievement. However, we need to continue work on improving on-chain capacity.

Unfortunately, the solution is not to just change a constant in the code or to allow powerful participants to force out others.

We are all Satoshi



3)


1HenciVLZmE9ugshcrW3GtZttP1bqr8W3s

G1LB4aWZ4Gop6pM2z8HKg6IL4JbdudTEpBTHTxoF4j1QDmWLwj7ZztY+OBIOMMfYd9jxKDscS4kyuqQtLjcvIdo=

Massage:
Craig Steven Wright is a liar and a fraud. He doesn't have the keys used to sign this message.

The Lightning Network is a significant achievement. However, we need to continue work on improving on-chain capacity.

Unfortunately, the solution is not to just change a constant in the code or to allow powerful participants to force out others.

We are all Satoshi




4)

12jaQdf2C29Cobh3XZHj4WoPk8o91MK4jy

HAeKKuTPOMLValY0uFRrl3kcDucYdCqs6vW6zogMwTOgIu6A/EpY2YsTelcGE4jwSOsKDeoA/9+qds7vq+VYghE=

Massage:
Craig Steven Wright is a liar and a fraud. He doesn't have the keys used to sign this message.

The Lightning Network is a significant achievement. However, we need to continue work on improving on-chain capacity.

Unfortunately, the solution is not to just change a constant in the code or to allow powerful participants to force out others.

We are all Satoshi



5)


1FxyVmPEsnqnVS8baCjyuTDsdFHB7reTam

G0kmATyO3OiPrS5PB91ppUkyMQH3IFVdTdfhO+kuvVRpXRZUJJUB6kleP+WGhybFZhADGKJLhdXA5ci/yBqYKl0=

Massage:
Craig Steven Wright is a liar and a fraud. He doesn't have the keys used to sign this message.

The Lightning Network is a significant achievement. However, we need to continue work on improving on-chain capacity.

Unfortunately, the solution is not to just change a constant in the code or to allow powerful participants to force out others.

We are all Satoshi
Post
Topic
Board Bitcoin Discussion
Topic OP
What is the record for the largest amount of BTC transferred from one wallet to?
by
jgvy9o0
on 07/04/2025, 02:54:45 UTC
The record for one of the largest amount of BTC transferred from one wallet to another occurred on 27 Jan 2011 11:23:56, when 400,000 BTC was moved. At this  time, this amount is worth approximately $31,427,680,000.   Grin
The tx fee was as low as 0.00 sat/vB

TX: https://www.blockchain.com/explorer/transactions/btc/3bda4918180fd55775a24580652f4c26d898d5840c7e71313491a05ef0b743d8     
Post
Topic
Board Bitcoin Discussion
Topic OP
If you could restart the block chain
by
jgvy9o0
on 06/04/2025, 15:43:04 UTC
What rules would you make differently?

A couple of rulesets I've thought of:

1.  Each new wallet gets a predetermined number of coins (say, 50).  Mining is paid for by transaction fees only, so coins are only added to the network through new people joining.  This would be to fight against the early adopter billionaire issue (if you want to call it an issue).  Downside is that I can't think of any good way to prevent someone from creating wallet after wallet and dumping it all to a single address.

2.  Similar ruleset to what is currently in place, only there is no decrease in the 50 BTC bounty for each block found.  This bounty would continue indefinitely, to help balance against the loss of bitcoins through lost wallets.

3.  Bitcoins are given according to hashing power provided.  This would make the currency highly inflationary for the earlier periods of adoption, and inflationary to some extent virtually forever.  Say, for every GH/s of mining capacity a miner has, they are paid 1 BTC per day.

I am curious to hear why you would or would not rather have one of these rulesets.  Or suggest your own.  Note that I am not saying that any of these should be adopted, or endorsing them in any other way, I am just curious to see what other people have to say about them.  I think the current setup is pretty dang good, except for the early adopter problem.  It's too exponential of an issue to allow universal acceptance of bitcoins as a currency, IMO.

Regardless, thoughts? Grin GrinBTC