Help me test BTC, LTC, ETH addresses
I am trying to test three digital cash addresses, BTC, LTC, and ETH. They are set up in the Coinbase system, but I have found that system to be very confusing: 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
On 09/27/2017 08:19 PM, jim bell wrote:
-------------------------------- Bitcoin (BTC) Address: 12QM4GU2WSjGiKacCKhsY4LJGf6rrtdBty -------------------------------- Litecoin (LTC) Address: LKFu2gAaRitruUgJeeVUeWobbE8dMwVQfK ----------------------------------- Ethereum (ETH): 0xDB39D5f16645892AF9be93ddcF8e5d6E74BC2b83
[prettified a bit] I sent 2.5 mBTC with a 0.478 mBTC fee :)
On Thursday, September 28, 2017, 12:36:36 AM PDT, Mirimir <mirimir@riseup.net> wrote: On 09/27/2017 08:19 PM, jim bell wrote:
-------------------------------- Bitcoin (BTC) Address: 12QM4GU2WSjGiKacCKhsY4LJGf6rrtdBty -------------------------------- Litecoin (LTC) Address: LKFu2gAaRitruUgJeeVUeWobbE8dMwVQfK ----------------------------------- Ethereum (ETH): 0xDB39D5f16645892AF9be93ddcF8e5d6E74BC2b83
[prettified a bit] I sent 2.5 mBTC with a 0.478 mBTC fee :)-------------------------------------------------------------- Thanks very much! I sure wish I could go back in time with that $10.58, and buy those 10,000 Bitcoins that were used to buy that famous pizza!! Jim Bell
On Thu, Sep 28, 2017 at 3:19 AM, jim bell <jdb10987@yahoo.com> wrote:
pitfalls
Cut / paste export the private keys of your coinbase wallet to local backups, in case coinbase goes down, you can use them with local wallet such as... https://electrum.org/
On Thu, 28 Sep 2017 07:19:26 +0000 (UTC) jim bell <jdb10987@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-65b... "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 agents’ role in the investigation into Silk Road." https://cointelegraph.com/news/coinbase-is-tracking-how-users-spend-their-bi... 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
I am trying to do something very quickly. (Over the next few months, I expect things to change greatly.) I understand your concerns. I believe that the presence of a "former Federal prosecutor" within Coinbase will be approximately the least of my worries. I fully expect that everything I do will come under the highest level of observation. And yes, I understand the issue about holding one's private keys. (at least, from a beginner's standpoint.) I have read up on the subject of Mt. Gox, etc. Soon enough, I will have my own BTC wallet. (Actually, I already do, but I don't trust this.) 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. 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. Jim Bell On Thursday, September 28, 2017, 12:27:47 PM PDT, juan <juan.g71@gmail.com> wrote: On Thu, 28 Sep 2017 07:19:26 +0000 (UTC) jim bell <jdb10987@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-65b... "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 agents’ role in the investigation into Silk Road." https://cointelegraph.com/news/coinbase-is-tracking-how-users-spend-their-bi... 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
On Thu, 28 Sep 2017 19:42:11 +0000 (UTC) jim bell <jdb10987@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)
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@gmail.com> wrote:
On Thu, 28 Sep 2017 07:19:26 +0000 (UTC) jim bell <jdb10987@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-65b...
"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 agents’ role in the investigation into Silk Road."
https://cointelegraph.com/news/coinbase-is-tracking-how-users-spend-their-bi...
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
On Sep 28, 2017, at 4:25 PM, juan <juan.g71@gmail.com> wrote:
On Thu, 28 Sep 2017 19:42:11 +0000 (UTC) jim bell <jdb10987@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)
I’ve been using electrum on android and Linux for the past 18 months or so, and can only second Juan’s recommendation - it’s worked quite well for me. There’s even a “bitcoin atm” near my house where you can deposit cash and specify a wallet address (or scan a qr code) - although I haven’t used the atm since prices got above 1k/btc, so it’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@gmail.com> wrote:
On Thu, 28 Sep 2017 07:19:26 +0000 (UTC) jim bell <jdb10987@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-65b...
"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 agents’ role in the investigation into Silk Road."
https://cointelegraph.com/news/coinbase-is-tracking-how-users-spend-their-bi...
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
On Thu, 28 Sep 2017 16:34:32 -0400 John Newman <jnn@synfin.org> wrote:
I’ve been using electrum on android and Linux for the past 18 months or so, and can only second Juan’s recommendation - it’s worked quite well for me. There’s even a “bitcoin atm” near my house where you can deposit cash and specify a wallet address (or scan a qr code) - although I haven’t used the atm since prices got above 1k/btc, so it’s been a little while ;)
For completness' sake I guess we should mention that one has to be reasonaby sure that the machine running electrum (or other client) isn't 'compromised' / has some sort of coin stealing malware. Also, best practice is to have most of your funds in cold storage. https://en.bitcoin.it/wiki/Cold_storage
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, 2:19:19 PM PDT, juan <juan.g71@gmail.com> wrote: On Thu, 28 Sep 2017 16:34:32 -0400 John Newman <jnn@synfin.org> wrote:
I’ve been using electrum on android and Linux for the past 18 months or so, and can only second Juan’s recommendation - it’s worked quite well for me. There’s even a “bitcoin atm” near my house where you can deposit cash and specify a wallet address (or scan a qr code) - although I haven’t used the atm since prices got above 1k/btc, so it’s been a little while ;)
For completness' sake I guess we should mention that one has to be reasonaby sure that the machine running electrum (or other client) isn't 'compromised' / has some sort of coin stealing malware. Yes, I recall reading on a blog of this potential problem. Do ordinary anti-virus programs have the ability to detect such problems before they BECOME real problems? Jim Bell
Also, best practice is to have most of your funds in cold storage. https://en.bitcoin.it/wiki/Cold_storage
On Thu, 28 Sep 2017 21:39:15 +0000 (UTC) jim bell <jdb10987@yahoo.com> wrote:
On Thursday, September 28, 2017, 2:19:19 PM PDT, juan <juan.g71@gmail.com> wrote: On Thu, 28 Sep 2017 16:34:32 -0400 John Newman <jnn@synfin.org> wrote:
I’ve been using electrum on android and Linux for the past 18 months or so, and can only second Juan’s recommendation - it’s worked quite well for me. There’s even a “bitcoin atm” near my house where you can deposit cash and specify a wallet address (or scan a qr code) - although I haven’t used the atm since prices got above 1k/btc, so it’s been a little while ;)
For completness' sake I guess we should mention that one has to be reasonaby sure that the machine running electrum (or other client) isn't 'compromised' / has some sort of coin stealing malware.
Yes, I recall reading on a blog of this potential problem. Do ordinary anti-virus programs have the ability to detect such problems before they BECOME real problems?
I don't know. I don't think anti-virus are to be trusted really. The two most secure options in this case are using an offline computer, or using a hardware wallet. If using a computer, you install a fresh linux distro, generate keys, and never connect the machine to the internet. You use your internet-connected machine to create transactions but you sign the transactions using the offline computer. That way even if your online computer is hacked, the keys remain safe in the offline computer. https://en.bitcoin.it/wiki/Securing_your_wallet#Cold_wallets Harware wallets use the same setup but the offile computer is replaced with simpler hardware. (You'd have to trust the hardware manufacturer to some degree though, or build your own) https://en.bitcoin.it/wiki/Hardware_wallet Jim Bell
Also, best practice is to have most of your funds in cold storage.
Do ordinary anti-virus programs have the ability to detect such problems before they BECOME real problems?
AV are by nature behind the race, and junk ones are full of junk themselves. Microsoft's AV probably doesn't have the coverage but is free and when combined with good practice can be a thing. Good practice might be running one of the aforementioned Unix OS on the iron, and Windows in a rollback VM container, with data on encrypted USB or samba share. The fuck people use Microsoft for anyway.
The two most secure options in this case are using an offline computer, or using a hardware wallet.
Yep achieves the same sig thing. Though HW wallets are usually more portable, may come with PINpad feature, but lack any utility tools.
Also, best practice is to have most of your funds in cold storage.
Like backups, this definitely applies if your balance is more than you wish to lose. HW disk and wallet can, do, and will fail. Print them out and stash them in the woods or wherever. You can simple braincrypt them against being found with 'openssl enc -e -aes128 -a'.
participants (5)
-
grarpamp -
jim bell -
John Newman -
juan -
Mirimir