Update: Bitcoin Magazine as of July 14, 2023 decided to ban all my accounts. I milked it while it lasted.

Sent some on-chain satoshis from Electrum to my Muun wallet at 4.1 sat/vB about two hours before time of this post. Then I attempted to exchange sats on lightning network using FixedFloat with abnormal LN fee and then to see message "This payment is waiting for an on-chain confirmation." Technically the satoshis are not sent off yet (money on hold) but the sats are deducted. FixedFloat will forget your transaction after 30 minutes and so if sent way after 30 minutes, my money is sent to the void. Will Muun cancelled the pending LN transaction after 24 hours or will it stay like that until on-chain fees are low again. If the latter, have my money gone to the void? Need some clarity. Thanks.

It takes 10 minutes for all 20 accounts combined.

See my updated post. I make at least 10,000 a week (at least US$1.00) so something for sure.

It takes only like 10 minutes a day. On Flash Fridays though It takes like less than 15 minutes. Or I could do half of the work in the morning and the other half of the work in the afternoon.

Q: Is 200 satoshi sent directly to your address when you claim it or it is only a number in your account and you'll have to submit withdrawal request to Bitcoin Magazine later?

A: First of all, there is only a minimum of 500 satoshis to be able to withdraw. Second, once the account is older than four days, you can withdraw. A QR code is generated instantly and used as receiving invoice to receive coins to your Wallet of Satoshi.

As you see below, 20 accounts are used by me. Every week, a giveaway of at least 200 satoshis via QR code on their Twitter page @EarnWithBM are released to the public per account holder. So I make 20 times what the average Joe makes. What is Bitcoin Magazine's business model? Just giving away money? Something just doesn't add up here.

https://imgur.com/a/CAOFSC4

Bitcoin Magazine is one of the original news and print magazine publishers covering Bitcoin and digital currencies. You can earn sats by Flash Fridays (at least 200 sats) and Daily read (50 sats)

I have already successfully made withdrawals to Wallet of Satoshi from all 20 accounts. This is a way for persions in 3rd world countries to try lightning. Anyhow, an IP address restriction must be put in place to deter bad players.

Title says it all. Is there a bitcoin exchange that pays most of fees for you? For example, I want to send Bitcoin to my Electrum wallet but others want to withdraw too. So like my transaction is bundled with many other people's transactions. Basically, people willing to pay higher fees help to substantiate the poor man's low fee in terms of how quickly one wants receive Bitcoin. I am willing to wait even 2 days before I receive Bitcoin. Due to high on-chain fees, I cannot manage fees. Many places online do not recognize the Bitcoin lightning network as of this time of posting. FaucetPay does not support lightning network. Also no high minimum withdrawal. FreeBitcoIn, Binance and CEX are good but they do not support the lightning network.

Muun credits you instantly but wants you to always pay fee more than incoming balance. High fees must be fixed soon.

As title says. Making you aware that Bitcoin Core 25.0 is officially out, even the binaries are out. Links will be provided.

Github: https://github.com/bitcoin/bitcoin/releases/tag/v25.0

Bitcoin Core binaries: https://bitcoincore.org/bin/bitcoin-core-25.0/

Also, be sure to verify your binary with GPG. Don't Trust but Verify. Feel free to read documentation for low level changes.

Since version 24.0 of Bitcoin Core I suspect, you can use Electrum and 2 phones with Muun wallet on each. Follow instructions below:

Make sure mempool.space website have transactions greater than 3 sats/vB for candidate blocks.

From Electrum, send max sats at 2 sats/vB on Electrum to a disposable Muun wallet from native segwit (from Electrum) to taproot address (on Muun) via Bitcoin network (bc1q... to bc1p...). Call this Muun Wallet A

As soon as Muun Wallet A receives fund, send funds to another Muun wallet (let us name it Muun Wallet B) via taproot again (bc1p.. to bc1p...) at 1 sat/vB.

As soon as Muun Wallet B receives fund, send to new Electrum address via native segwit address (bc1q....) according to optimal fee on mempool space website.

Open Electrum on PC and cancel original transaction (double spend) at 3 sats/vB or recommended fee.

Wait for confirmation of transaction from Muun to Electrum transaction.

Delete data (clear data of app) on Muun Wallet A app on Android phone. Muun wallet B can be kept (the one signed in). For iPhone, delete wallet, close app. (Muun Wallet A on Android; Muun Wallet B on iPhone)

Repeat step 1.

More info at: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2022-October/020980.html

Muun trusts you with zero-conf transactions with small amounts, but with larger amounts they’ll make you wait for a confirmation.

Why not just wait for confirmations, even with small amounts?

Also, why do they subsidize your on-chain fees? Is it a feasible business plan? What's their 0 conf bitcoin amount limit?


Devices:              [PC]              [ANDROID]              [IPHONE]
APP INSTALLED:    [ELECTRUM]    [MUUN]                  [MUUN]