Help me test BTC, LTC, ETH addresses

[John Newman]

> 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)
> 

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 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
>>     agents’ 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
>>> 
>> 
>