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Showing 20 of 21 results by wnet
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Topic
Board Bitcoin Discussion
Topic OP
I started accepting Bitcoin at my store in September 2021, here's an update.
by
wnet
on 04/03/2023, 03:44:13 UTC
Hello all, I wanted to give an update about my hardware store.

I started accepting Bitcoin payments in september 2021 and it has been a very nice journey learning about this wonderful invention. I recently invested in a ColdCard mk4 to keep my funds safe (using it fully airgapped). It really made me understand how Bitcoin works, I learnt that cryptography is literally what holds Bitcoin together, which I find awesome.

I've built up a pretty nice amount of Bitcoin over time and I have never spent any of it (except when purchasing my coldcard). I know for a fact that one day Bitcoin will be worth so much more, cryptography is the future.

It's pretty nice too because customers who know about and pay with Bitcoin at my store tend to come back when they need to purchase something and pay with Bitcoin.

So yeah, this was my little update, thanks for listening to my ramble Cheesy, I'm out.
Post
Topic
Board Hardware wallets
Re: Question about Electrum + Coldcard wallet.
by
wnet
on 11/02/2023, 07:08:52 UTC
You have bitcoin in different addresses and you want to spend the coins on many or all addresses, your wallet can automatically do that for you. Just input the amount you want to send and it would be done.

That's what I thought, thanks for answering my question.
Post
Topic
Board Hardware wallets
Topic OP
Question about Electrum + Coldcard wallet.
by
wnet
on 11/02/2023, 07:01:14 UTC
I recently purchased the Coldcard mk4 hardware wallet and I was already familliar with electrum so I made a wallet in electrum for it and transfered my funds to the first address in the addresses tabs, I was then able to transfer bitcoin out to buy some stuff, but my question is: if I, for example, send 1 bitcoin to the first address, 1 bitcoin to the 2nd address and 1 to the third, would my coldcard automatically sweep all the coins from the address into one transaction if I had to send 3 bitcoin to someone?

Hopefully someone can answer my question, let me know if anything is unclear.
Post
Topic
Board Bitcoin Discussion
Re: Which type of bitcoin address gets the least fees?
by
wnet
on 28/12/2022, 04:10:48 UTC
Bech32 is native segwit and is the cheapest mainstream on chain way to spend funds (iirc). Those addresses begin with bc1.

Nested segwit is the next cheapest and old systems have to support it because it's in the style of multisig addresses.

Legacy is the least efficient way to send funds (addresses beginning with a 1) and those are the most expensive but are also the ones older companies got used to (if there's a company not using segwit, I'd advise against using them as they might be cutting other corners too - especially security wise).

Hey, thanks for your reply. You answered my question.
Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Topic OP
Which type of bitcoin address gets the least fees?
by
wnet
on 28/12/2022, 03:46:53 UTC
⭐ Merited by vapourminer (2)
I just bought a domain using some Bitcoin and I visited the transaction page on Blockchain.com and it said that this address (me) payed 40% more fees due to inefficiencies in older wallets.
So I've heard of segwit, but is that what they mean? Do they mean bech32 address?

Hope someone can anser my question, thanks.
Post
Topic
Board Mining
Re: Is solo mining with a decent rig worth it?
by
wnet
on 26/05/2022, 14:31:14 UTC
snip

Thank you for the information. I'm just curious, if I would be to do an experiment with, let's say, 10 ASIC usb stick miners, how much BTC would I make in one day on  a normal pool (not solo)?
Post
Topic
Board Mining
Topic OP
Is solo mining with a decent rig worth it?
by
wnet
on 26/05/2022, 14:00:22 UTC
Hello all,

I remember mining Bitcoin in 2018-2019 and making decent profit but nowadays its pretty hard to make good profit with a normal computer. I've been thinking about buying ASIC miners and trying to solo mine but I have no idea how to solo mine or if it's worth it to try. Are there any good guides on solo mining?

also if you guys could suggest me a good ASIC miner, I'd appreciate it Wink
Post
Topic
Board Beginners & Help
Re: cygan's 'Crypto Word Jumble Game and Get Merits 1.0'
by
wnet
on 16/03/2022, 22:50:07 UTC
Quote
round #2

1. naltecsiob -
2. rtosmesdane -
3. oryrpccnrecuty - cryptocurrency
4. lhnbkaicoc - blockchain
5. maindod nasdh - diamond hands

solved words/earned merits:
I'll give it a try Cheesy

1. cobaltines
Post
Topic
Board Bitcoin Discussion
Re: Update on my hardware store which accepts Bitcoin
by
wnet
on 16/03/2022, 04:20:10 UTC

We really encountered that one, but let's just pass it. Still, I was shocked about saying Bitcoin is a scam, because at that time, I would say here in our country, only the old ones really know Bitcoin. Usually, almost all of them heard about it and know what it is because it was already discussed on television. I think they really have a lack of awareness and knowledge of it. Just keep your payment method open in case someone wants to pay you for fun.

To be fully honest, accepting Bitcoin in my store is mostly an experiment. I didn't implemented BTC payments with the goal of profiting from it.
Post
Topic
Board Bitcoin Discussion
Re: Update on my hardware store which accepts Bitcoin
by
wnet
on 16/03/2022, 04:13:43 UTC
Such kind of statement tells you that there are lots of people still doesn't know what is bitcoin.
Anyone who says bitcoin is a scam is mostly oldies, or victims of fake news, just tell them paypal accepts bitcoin you know, so paypal is scam also?. And that 1 cent, lmao, ldk if its a joke or sarcasm, or just pure stupidity.

Oh you'd be surprised... I get the "1 cent" nonsense very often and it drives me crazy. People are ignorant.
Post
Topic
Board Bitcoin Discussion
Topic OP
Update on my hardware store which accepts Bitcoin
by
wnet
on 09/03/2022, 20:32:24 UTC
Hello all. It has been a while since I made a topic regarding my hardware store which has started accepting Bitcoin as a payment in September of 2021. It has now been 6 months and the business is going very well, but sadly not a lot of people decide to pay using Bitcoin. I often get people saying things like: "Isn't Bitcoin a huge scam or something?" or "Couldn't Bitcoin just drop to 1 cent?"...

It's sad to see that people still have those stupid stereotypes about Bitcoin. This honesty sucks because it gives a negative reputation to Bitcoin and my business.

However, I have made sure to inform people who used BTC to make a purchase about the BitcoinTalk Forum and how it is a good place to learn and read on the topic of cryptocurrencies in general.
Post
Topic
Board Services
Re: FREE/PAY BITCOIN TRANSACTION ACCELERATOR
by
wnet
on 09/03/2022, 19:54:15 UTC
372c10f2b6dc37a7dc21fc31ea54d40c010c028202dfb6e1ec26ff1534bb009e

thank you
Post
Topic
Board Beginners & Help
Re: How do i get merit in bitcointalk forum?
by
wnet
on 10/02/2022, 16:47:14 UTC
There are plenty of guides on the forum to earn you merit. Please use the search function before posting a topic which has already been asked 10000 times.
Post
Topic
Board Beginners & Help
Re: I want to implement Bitcoin payments in my hardware store.
by
wnet
on 11/09/2021, 13:44:18 UTC
My hardware store now accepts Bitcoin! https://bitcointalk.org/index.php?topic=5359186
Post
Topic
Board Beginners & Help
Merits 3 from 2 users
Re: [Merit] Hey Newbies! Can You Sign A Message?
by
wnet
on 10/09/2021, 18:28:52 UTC
⭐ Merited by OgNasty (2) ,Welsh (1)
Address: 1MeJgZn22Te1eXeE75cKgE1ijRJguDBQN8
Message: I am wnet and today is 09-10-2021. I can sign a message.
Signature: H5Dc9XwHvPK7HjzsOvbQMwayAN3RmtzyCb2u8Jl3X4mtmIYsWZjIbKsDTG+f3Us4ZVLIZBL801vuUjA/k+r2PVY=
Post
Topic
Board Bitcoin Discussion
Merits 5 from 2 users
Topic OP
What is the best Bitcoin hardware wallet to use as a vault for a company?
by
wnet
on 10/09/2021, 16:44:30 UTC
⭐ Merited by hugeblack (4) ,dkbit98 (1)
I recently invested a large amount of money in Bitcoin, and added Bitcoin as a payment method for my business. I read that online wallets are not the safest, but that hardware wallets are the safest since they are not connected to the internet.

My question is, what is the best hardware wallet for security and for holding large amounts of Bitcoin? I plan on using it as a vault for my company, I would send the BTC from sales every week and hold for as long as possible.
Post
Topic
Board Bitcoin Discussion
Re: My hardware store now accepts Bitcoin!
by
wnet
on 10/09/2021, 00:30:10 UTC
I like the idea, it seems you're advertising the forum as well. 
Below on your QR code device reader, there's a line saying, "For more info. visit Bitcointalk.org for more details". Wink

Good idea! I'll look into this tomorrow. I definitely want more people to know about this awesome technology.
Post
Topic
Board Bitcoin Discussion
Re: My hardware store now accepts Bitcoin!
by
wnet
on 10/09/2021, 00:20:12 UTC
Congrats on that! Having up to 4 different persons using it already shows that it's something your customers could have always wanted but it took a little longer for them to get. (They must have anticipated it). With such a great start, it's just a matter of time before you start getting more customers who will prefer paying with Bitcoin. Well done! Wishing you more success to your business and investments.

Yeah, I'm really happy to have implemented this now! Other stores and shops in my area only accept boring fiat. Who knows, I might be recognized later when Bitcoin will be accepted everywhere!
Post
Topic
Board Bitcoin Discussion
Merits 37 from 14 users
Topic OP
My hardware store now accepts Bitcoin!
by
wnet
on 09/09/2021, 23:38:21 UTC
I would like to thank the people who replied to my topic where I asked a few questions regarding the implementation of Bitcoin. Putting that aside, I have successfully implemented "Lighting Network" Bitcoin payments in my hardware store. Already 4 different persons have used Bitcoin as a payment today. I have not only implemented Bitcoin payments in my store but I invested 10 000$ in BTC.

I am fascinated by Bitcoin and I will definitely stay active in this amazing forum.
Post
Topic
Board Bitcoin Discussion
MOVED: I want to implement Bitcoin payments in my hardware store.
by
wnet
on 09/09/2021, 18:01:52 UTC