[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
Help me test BTC, LTC, ETH addresses
> On Sep 28, 2017, at 4:25 PM, juan <juan.g71 at gmail.com> wrote:
>
> On Thu, 28 Sep 2017 19:42:11 +0000 (UTC)
> jim bell <jdb10987 at yahoo.com> wrote:
>
>
>> My
>> immediate concern is that I am not sufficiently confident in my
>> ability to reliably maintain such a wallet on a small, ordinary
>> personal computer, 24 hours per day, etc.. Obviously a crash could
>> be a disaster.
>
>
> You could also use a light client like electrum. Such clients
> don't need to be online all the time. You only connect to a
> server if you want to make a payment. And you can backup all
> your keys by writing down a bunch of words on paper (The only
> risk would be your computer being stolen and the thief spending
> your coins before you can move them to a new 'wallet')
>
> (on the other hand if you also want to use ethereum I don't
> know how their clients operate)
>
Iâ??ve been using electrum on android and Linux for the past 18
months or so, and can only second Juanâ??s recommendation -
itâ??s worked quite well for me. Thereâ??s even a â??bitcoin atmâ?? near
my house where you can deposit cash and specify a wallet
address (or scan a qr code) - although I havenâ??t used the atm
since prices got above 1k/btc, so itâ??s been a little while ;)
>
>> I have decided that at least for a few months,
>> placing this on Coinbase is a reasonable compromise. I am not aware
>> of of an impending liquidity problem with Coinbase. There are other
>> considerations.
>
> I don't know about coinbase's liquidity, but it is a fact that
> they close accounts whenever they feel like it. But maybe they
> won't close yours since spying on you is valuable to them.
>
> Anyway, best of luck!
>
>
>
>
>
>
> Jim Bell
>>
>>
>>
>> On Thursday, September 28, 2017, 12:27:47 PM PDT, juan
>> <juan.g71 at gmail.com> wrote:
>>
>> On Thu, 28 Sep 2017 07:19:26 +0000 (UTC)
>> jim bell <jdb10987 at yahoo.com> wrote:
>>
>>> I am trying to test three digital cash addresses, BTC, LTC, and ETH.
>>> They are set up in the Coinbase system,
>>
>>
>> Jim, I strongly suggest you close your coinbase account ASAP.
>>
>> https://blog.coinbase.com/kathryn-haun-joins-coinbase-board-of-directors-65b4d4c4e65f
>>
>> "We are excited to announce former federal prosecutor Kathryn
>> Haun has joined our parent company Board of Directors."
>>
>> "federal prosecutor with the U.S. Department of Justice and its
>> first-ever Digital Currency coordinator."
>>
>> "She also held a significant role in the case of two federal
>> agentsâ?? role in the investigation into Silk Road."
>>
>>
>> https://cointelegraph.com/news/coinbase-is-tracking-how-users-spend-their-bitcoins
>>
>>
>> Jim, coinbase is THE ENEMY.
>>
>>
>>
>>> but I have found that system
>>> to be very confusing:
>>
>>
>> Also, you are NOT using bitcoin if you use any middleman. You
>> must use a bitcoin client and you must have control of the
>> private keys. If you use coinbase or any service like that THEY
>> OWN your bitcoins, not you.
>>
>>
>>
>>> Lots of pitfalls and booby-traps. Can some one
>>> send me a tiny amount of each currency to the following addresses.
>>> I will only need one try to tell me if it's successfull, so if you
>>> are intending to do so, call it out, and that will alert others
>>> that they need not follow. --------------------------------Bitcoin
>>> (BTC) Address: 12QM4GU2WSjGiKacCKhsY4LJGf6rrtdBty
>>> -------------------------------- Litecoin (LTC) Address:
>>> LKFu2gAaRitruUgJeeVUeWobbE8dMwVQfK
>>>
>>> -----------------------------------Ethereum (ETH)
>>> 0xDB39D5f16645892AF9be93ddcF8e5d6E74BC2b83
>>>
>>>
>>>
>>> For BTC, 0.0001 seems to be the smallest number represented in the
>>> Coinbase system, at least with an empty account. (It shows 0.0000)
>>>
>>> Similarly, LTC and ETH are shown with a last-digit resolution of
>>> 0.0001. Thanks,
>>> Jim Bell
>>>
>>
>