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Bitcoins are created at did decreasing and predictable rate. A little bit smug. Submit text NOT about price. Bitcoin is freeing people to bitcoins on their own terms. And that's the yes of basic idea that I think has given rise to this whole new industry. Forbes named bitcoin the best investment of

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I mean, that's why I was drawn to it. Because the fee is not related to the amount of bitcoins being sent, it may seem extremely low or unfairly high. Archived from the original on 17 December Archived from the original on 9 October Although its roots were in idealism and libertarianism, it first became widely used for purchases on the dark web, the sites on the Internet black market selling drugs and sex. No organization or individual can control Bitcoin, and the network remains secure even if not all of its users can be trusted. Archived from the original on 1 May

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Although unlike Bitcoin, their total energy consumption is not transparent did cannot yes as easily measured. There would only ever be 21 million bitcoins created. Retrieved bitcoins September Powered by SMF 1. It's being used for investing, in speculation. Bitcoin is as virtual as the credit cards and online banking networks people use everyday.

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Yeah, you can send BTC to an LTC address? I did, crap. : Bitcoin

Trading Bitcoin - Why Are People So Scared of $7,500 BTCUSD Price?

If you sent it to an exchange, contact their support to help you out. It's usually recoverable, just takes a little hassle to build the transaction. If the wiki is correct the probability of the network accepting an incorrect address is 1 in 2 32 which is roughly 1 in 4. Ironic thing is Big Vern fixed it for me.

Don't have any keys, this LTC addy is a hot wallet Emailed the company, we will see. Also updated the OP. As a filthy casual, I never really considered the possibility of black hole misspending That's a pretty shitty possibility. You should gave the ltc key right? Also, litecoin planning to change the character addresses start with to differ from btc in a future update. At the time, P2SH was new and didn't have much support. No one really knew what was up, so that's why the prefix wasn't changes.

Not just altcoins but also alt-implementations should be very careful in cherry picking changes, especially reproducing consensus bugs exactly the same way. I believe you only need to get the private key used in this tx and import it into a Bitcoin client. If you tell me what client you used, I can probably give you instructions for extracting the privkey.

Can someone explain how being able to generate private keys for Litecoin that are identical to Bitcoin isn't a huge vulnerability?

No self respecting wallet should send to an address with a version that it doesn't know about. Please either make sure the wallet you were using gets fixed, or switch to a wallet that's made by someone who cares. It seems Litecoin completely screwed this thing up by using the exact same transaction version for their P2SH addresses as Bitcoin.

This usually happens with electrum wallets I think, someone I know sent ltc to btc address on bitfinex. Sorry dude, I've done the same thing a time or two, never lost much- fortunately! Learn from it and don't do it again.

Really, what the fuck were you thinking? I mean, I'm using "thinking" in a very loose way here. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Bitcoin comments other discussions 1. Log in or sign up in seconds. Submit link NOT about price. Submit text NOT about price. Bitcoin subscribe unsubscribe , readers 24, users here now Bitcoin is the currency of the Internet: You can also explore the Bitcoin Wiki: Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy.

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This is an archived post. You won't be able to vote or comment. I was on the wrong tab, copied my LTC address and sent bitcoin to it.. But I read up, and the network should reject the TX? Did they change their stance so people would slow the movement of BTC from their Coinbase accounts to other exchanges or nodes? Were they a little worried that they may be light on the BTC accounting?

Just capitulating to the overwhelming demand of their customers. They concluded that changing their stance would prevent loss of customers and possibly lawsuits. Do not store you bitcoins on a public node! I have all my bitcoins on my Trezor, but i'm reading Trezor is going to switch them all to Bitcoin Gold? Can you clarify for me what the hell i'm reading? Having a wallet on a public node makes you more vulnerable to someone trying to break in to steal your bitcoin.

If they were light on their BTC accounting, I doubt they would've told everyone to withdraw if they wanted access to their Bitcoin Cash back in July. That was inviting a run on their reserves, and they seemed comfortable with that. If by other motives, you mean trying to do what's best for their customers, that would fit the intent of most businesses ever.

Not that they always succeed, but it is their intent to have happy customers, so I think his last sentence describes what he meant by other motives, i. But I doubt that's what's going on. Coinbase is pretty huge, and has to follow strict rules since it's in the US. No way they would commit fraud, that company has a lot going for it.

Remember, they are a business at the end of the day and what matters to them is the bottom line profit. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Bitcoin comments other discussions 1. Log in or sign up in seconds. Submit link NOT about price.

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