- 22 November 2024 (567 messages)
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Mempool wars can cost hundreds in fees, but the combatants know the risks/costs -
It can be brutal when there are multiple parties trying to get the top bid in
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Then the sell order doesn't get mined in the next block
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The order won't fill until the sell order is mined
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and if it's a long block, the fee paid might cause it to fall back
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worst is btc pay -
that expire after 21 block
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the only way to find that
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is to lose BTC while trading
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when competing against other buyers, you have to keep upping your bid and fees
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then maybe cancel your orders because you don't have enough XCP or whatever to bid more
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how can bitcoin payment expire????
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is he ok with his head?
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Sorry, I still do not understand - I like how you improvised around that pesky character limit by screenshotting your phone and posting the pic
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whose node? -
JDog's obviously
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but yeah, BTC and XCP don't have a record of mempool timestamps
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It's weird that people still don't understand the fundamental issue here: if we could rely on mempool "first seen" we wouldn't need a blockchain at all. Would save a lot of money. Instant txns. Alas, that's not how any of this works
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I was thinking that maybe Counterparty could not match orders within the same block, but I think that would create other problems
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Like if there were no orders in the book already, would that order never match?
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Would you have to add a delay?
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An imperfect solution that was finally solved by atomic swaps -
The difference being with atomic swap psbt sniping you only incur the cost if you win
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I would assume that magic eden would simply make the Buy button unavailable once the first tx hits their nodes mempool
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But the mempool is public so if someone is looking for a particular utxo and sees it’s spent in a way where they can pull out the sighash single anyonecanpay outputs and create their own new tx, then they’ll do it if it’s worth it
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Private mempool. -
I've done that -
How? Do you have the txid of the orders?
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lol, this channel is becoming too serious
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Happy Friday friends!!! Glad the week is over and time to relax
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Boring sleuth on Twitter seems to be using some really cool software that helps map out degrees of separation and flow. It kind of reminds me of the old trace route programs from the mid-90s to see how to get to an IP
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I'll grab that for you as soon as I get to some Wi-Fi
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Seven years ago I bought PEPEAMCANI from charm. At the time we thought both our orders cleared on the same block. Looking at the tx with horizon explorer and it seems we may have been mistaken
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Horizon Explorer
Horizon Explorer by Unspendable Labs
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Yup, they matched in the same block
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YES YOU DO!
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i explained the way on how to lose money on dex too
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yet again i have to say
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there is not a single function that feewallet does good
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not a single one
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yes
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shortly: you lose all btc you used to fill the order
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ALL
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fee and principal
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yes
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because FEEwallet let you to broadcast btc pay automatically and sign for you
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and they are not the best at calculating fees
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and if they miss on the calculation
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after 21 block
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all your btc that was used in that broadcast are gone
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and yet again
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no RBF no cancellation
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TRAPPED as fck
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yeah man
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donkey head made btc payment yo expire after 21 block
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because he though he is right
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and that 21 block SHOULD be enough
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there were a lot btc lost this year
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when degens were pumping runes
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in that time, most of btc pays failed
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and sellers got to keep BTC and assets
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buyers lost it all
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again, fking donkey head
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did he took responsibility?
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after i told him to remove 21 block expiration
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he said
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it should be enough
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even knowing a lit btc were lost already
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ask me how do i know
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that it expire after 21 block?
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as i said there is no way to know how CP is working until you lose bitcoin
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and then you have to look at what happened to find out
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i feel like i was used as a test rat
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how to lose btc while trading orders:
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1. open order to buy anything with BTC.
2. set auto pay and keep wallet open
3. FEEwallet will broadcast at priority fees
4. IF fees will pump and keep you unconfirmed for 21 block, you will not be able to replace that tx and all you can do is to watch of how your bitcoin is sitting in random address without you getting anything -
and after all this explaination
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donkey said ITS all ok
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should be enough
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BTC payment should never expire if its accepted by network.
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yeah... any
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He didn’t do that, that was Adam pre-jdog
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Btcpay was part of the original protocol
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Yes
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It’s so orders arent just pending forever
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Not as the seller
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So if a buyer matches your order but then never sends btc then your asset would be forever stuck
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It was an imperfect solution
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He denied that the webdata folder was containing plain text imported private keys only to patch it 7 months later, with no formal notice of the breach possibility
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spend BTC you got
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and will not need to wait forever
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also, let RBF then!
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expiration is not an excuse
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Yes just like dispensers are just in a different way
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I will give you that, it would be a wallet feature
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what do you mean never sends lol?
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if tx is seen by nodes
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who let it to expire lol
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There are two txs
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First to match
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i mean is that a fkin newbies hour?
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Second is the btcpay
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kindergarten?
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or a billion network?
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I’m not arguing with you lol, just explaining the reasoning
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yeah im sorry if i sounded rude
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It is a flawed feature I completely agree
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just saying that this stupid rules can not have excuses
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there is a saying
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nobody can stop btc payment
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BUT not on CP
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Yes exactly
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another thing
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take FEEwallet
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after V2 all ownerships are send on UTXOs
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I mean you can think it’s stupid and still understand the reasoning
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as
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0.00000546
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output
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try to see if that shitty wallet will show you on what you sign
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what i am saying. you will put your signature on the amount
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that will not be amount deducted from your wallet
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it charges more than you sign to be charged
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BIG ISSUE
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even if its 546 sats
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still big issue!
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this is why i say that non functions there are working
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even "send" function has bugs
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i mean ALL of them
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just because something is in the mempool it can’t affect counterparty consensus, because it’s not confirmed and therefore not deterministic
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i tested everything in past 7 years or so
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imagine you buying something with btc, it would not get confirmed for 5 hours and shop would keep your money
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imagine!
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One of the things I asked early on
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Yea it’s bad, what is the point you’re trying to get across, it wasn’t my design and I don’t promote it
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i am saying again, BTC payment accepted by network should never expire
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ever
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there is no such word on bitcoin at all
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"expire" doesnt exist.
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It’s not the payment that expires it’s the order match
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what problem?
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"forever" ?
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limbo?
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i can give a fats solution to any problem lol
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The asset is in limbo forever if btc is never sent
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I’d love to hear your solution
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Exactly
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I also agree
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lol
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I actually build a wallet to use btcpays in 2016 and then when we saw a period of elevated fees I realized how bad the flaw was
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And that wallet became rare pepe wallet and btcpay was removed
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Also why I’ve never integrated dispensers into any of my wallets
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Btcpaymarket
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Was the original name
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But this is what lead to the creation of dispensers in the first place, they are a bastardized btcpay
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Because if you accept that btcpay is flawed with tradeoffs then you just create a new solution that’s much easier and cheaper for users (one tx instead of two) with a different set of tradeoffs
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It’s why I thought it was so funny how horrified the current dev team was of dispensers (although I think most of that was due to the addrindex dependency) when it was Adam that introduced a similarly flawed function in btcpays
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But luckily we have an actual solution finally in atomic swaps via psbts
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The flaw in btcpay can’t be exploited by the seller or other buyers. You can be fucked by a clogged mempool. It’s not exploitable in the same way dispensers are.
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I agree it has different flaws
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It’s also harder to use
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There was a time when it was completely unimaginable that a txn would take 21 blocks
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The first high fee issues I remember were in 2015ish, and I experienced them in 2016 while building the wallet
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So it did happen occasionally over the years
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I don’t think it’s helpful to argue which is more flawed when they can both result in you losing bitcoin
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Fortunately I don’t t think anyone uses btcpay as the implementation is very janky
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I’ve never used it once and rarely do you see it on the dex
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Stack does!
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Hes got his own test suite
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I had to think back on this xchain bug that caused about 100 people to try to buy PEPEDINHO for 4000 PEPECASH
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Yeah I think I tried lol
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I'm pretty sure I did too
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just let them expire unless you need the PEPECASH
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Since it was so little, I imagine most let them expire
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should be fixed now.... the data displayed on xchain did not match the order in CP... I've written a fix_order_status.php script which loops through all open orders and checks their status in the CP database and updates accordingly.... this and a bunch of other orders like it have been fixed 🙂
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Because the api db didn’t exist so jdog made his own
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Yes but it used the counterparty.db and isn’t well suited for many requests like what a block explorer requires
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Thats why we have counterparty.api.db now
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It’s just tightly integrated with the core software itself rather than being a separate service like Jdog’s
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No his tool was/is open source
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He’s a php dev so that’s what he built it in rather than tightly coupling a python service
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I believe he built it well before he was the maintainer
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CPFP only makes sense with coin control
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without coin control its a "blind" action
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also CPFP is used to speed up things
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not to protect yourself from losing BTC
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problem has to be solved fundamentally
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also, lets say you spend ALL your balance with CPFP and you think you did all well
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and lets pretend fees goes another x10
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whats then lol? still lost money
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only the thing that there is a way to lose BTC is bad.
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Btcpay still exists as a standalone and doesn’t completely suck btw
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Funny to see this pop up in the Horizon chat right now
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Just kinda sucks
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Not completely tho!
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Yes but obviously the wallet would need to be able to do that
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Rpw defaults to cpfp in a way because it always uses the largest output even if it’s unconfirmed
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easiest way
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is to pull pk out of it
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import to electrum
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switch coin control tab
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and problem solved
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i never used any CP wallet if i didnt had the same key running on electrum too
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i use electrum for everything CP.
lets say monitoring of dispensers and etc -
i never use "send" function of BTC using CP wallets
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never ever
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if i need to send btc
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i go to electrum and spend there
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just because it saves so much on fees
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i can rebroadcast as many times as i want
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until i get confirmed.
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One of my own personal hacks was to use electrum to generate 20 or 30 wallets and then set up dispensers on those wallets so that I could empty the BTC out of all of them with one expensive transaction
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lets say fees are 3sat b
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i broadcast at 3.1
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if not getting in to block fast, i rebroadcast with lets say 3.5 and do that until i get confirmed
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and if you repeat this with 10s of thousands tx a year
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its saves huge amount of btc
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rather than always paying too much when its not necessary
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opinion
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man if you have 1000 outputs
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they will make tx that large
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that you will never ever pay normal fees using it
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you would always overpay just because of that
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thats why electrum is best for spending
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not only it gives RBF
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it gives cancelation option
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CPFP
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coin control and other things
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to never make you stuck
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also guys
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Electrum 4.3.4
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was the last version that let you send 0
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lets say you want to broadcast OP return which is zero btc
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get that old version for this purpose
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because new electrum versions do not let send zero nowadays
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soo.... i am using 4.3.4
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if you want, you can use another version too, the newest
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but then you would need extra output for tx to be accepted
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extra output extra weight
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i dont like that haha
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so i better use 4.3.4 that lets me send zero.
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and makes the lightest CP transfer possible
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of course lol
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OP_return
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is not an innovation by counterparty that many thinks lol
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google BTC OMNI
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they brought op return to world
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Mastercoin
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counterparty just made it copy cat
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yep so thats the same op return
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and omni was operating with electrum too
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Without ICO was the major difference but also tokens needed to be whitelisted on mastercoin
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also there is no such thing as counterparty wallet or bitcoin wallet
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its just a "skin" man
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all about a Key
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Used to say “counterparty aware” Bitcoin wallet
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if you have a key you can importing where ever you want
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lol
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how do you think?
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i made 100k tx using electrum at minimum
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i know almost everything
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what comes to "how to use bitcoin"
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or maybe everything
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look man
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I prefer sparrow to electrum for bitcoin only
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i can access assets in ledger
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trezor
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and all other devices
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thats CP not support anymore
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for me there is no lost coins
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give me a task, and ill make it move
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anyone who has assets "stuck" in cold wallets
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who waits for dog to make them work again
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can contact me for solutions
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Like low entropy hd wallets 😆
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illegal ? :D
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bro its legal to eat dogs in korea
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illegal here
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there is no such thing as good or bad
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its again:
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opinion
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Ledger works great with rpw, it’s my preferred method
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Although I’m biased lol
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thats US
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just reminder that USA is not the only country in the world
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just saying
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yeah, i know lol
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i think he said he will fix it like 10 years ago
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all who waited could be dead already
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i have a video recording
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that i was sending to few people
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who teaches how to master
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trezor+electrum+CP assets
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so yeah you can store assets on trezor, access it, use it
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no need for dog
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took me 10min to figure out
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most though part is to jump on correct derivation path
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but when you know how, its easy
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should be enough to understand
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old video but i think it will be useful
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btw legacy is not necessary, segwit is fine too.
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if someone want to donate to developer per each tx (i dont do it because it makes tx heavier by one output, better just to donate jpja one single larger payment if you want to support dev for his tool - i would recommend) then they can use newest electrum version, but if wanted to send 0 like in my videos, get 4.3.4 version, it will show no errors when sending zero
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i figured this myself, as i wanted to store assets on cold storage and didnt had another 10 years to wait
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also, i have the largest stored asset on utxos up to day
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again, i did that with electrum
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Stamp: A824891867838148288, by bc1qhalegendkfkrjuwe3g9n5kcsdpkch4gy3nk3vu
Most detailed realtime stamp database, one click purchase, sales history, current dispensers, holders, friendly src-721 navigation and more.
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Bitcoin Transaction: c1b19d8854d81568d08a862a38f5e72ae08c797ba96d39995139b693cb01fdc9
Explore the full Bitcoin ecosystem with The Mempool Open Source Project®. See the real-time status of your transactions, get network info, and more.
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no chance to make such heavy tx without electrum. thats why i love it
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at one point its "limitless"
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more than 2k outputs in the single tx. an image stored forever on chain.
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i can do more without CP wallet than having a CP wallet
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isnt that funny lol
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some problems can't be fundamentally solved. There are practical limits to what Bitcoin can do.
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i know the limit Mike (edit: now thinking its not what you meant lol)
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i believe thats what limit is:
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256^-1 bytes
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i almost maxed out
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and left only few bytes gap for the new generations to come haha 😅
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i edited jpja olga minter to overcome limits (i had been consulted a bit by jpja himself)
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i mean, i did it for fun and curiosity
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i might be wrong on that limit, but thats what i think. and it worked for me.
to mint that large file i was in need special electrum version,
special remade minter,
and special nodes to take my tx -
all together we have that image on chain.
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i also think that maximum outputs that can come in a single bitcoin tx can be 2048
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and again i could be wrong but thats what i think by my observations.
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- 23 November 2024 (13 messages)
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wanted to take both cards. the thing how orders got filled is not what i was expecting
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especially when the first broadcast was 2k and 2.2k was second. but like always, "something" happened and now i will have to cancel one of the orders and pay 200 more in situation where that should't happened at all. just because wallet randomly takes outputs in my wallet and use how it wants to.
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I'd guess that you're 2200 one was paid with an equal or higher fee, got indexed in the block in front of the 2000 one. The order matching matches it with the lowest priced one, which is what you'd normally want. In this case, it caused an issue for you since it left your 2000 buy order left hanging.
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Something I was thinking about - The ledger didn't fork on block 866000 or 866001 yet
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That red banner is wrong
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The ledger forks on block 866002
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not the first thing to be wrong there 😅🙈
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Looking forward to this cutting edge retro tech being applied to Doge so that we can all celebrate with COCD
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Left. -
- 24 November 2024 (39 messages)
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as expected
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XCP is going to zero.
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i talked about this with many people and i made this call a long ago.
I knew this will happen. -
On the greatest bull run of bitcoin we will see xcp at zero.
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How many you have I'll take 10k xcp at .00009
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I don't get it do you have the xcp to sell me or no?
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Iam buying more becuae og dev returned and more happening now in xcp then ever before. It's awesome. Before it was centralized by jdog with zero dev...code base out dated for years causing so many issues. Now og dev returned and in a couple weeks/months the codebase and features gonna be fire
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bla bla bla bla. he doesnt understand anything, so it will be almost impossible to make it "fire" when he knows shit what bictoin is and what experience people seek on CP
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lets see how you will buy 10k at 0.00009 lol
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and lets see how "fire" it is
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and how you will prove on your words you cunt
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broke bitch that cant do nothing , just talk
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------
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i knew every troll who just talked will not save it. knew this moment will come.
RIP cp,
gg -
my 5 year son would have handled this network better than those brain-lets devs.
i feel good today because i was right on every thing i have been talking to them. feels good man -
Bull market, BTC is boomin and we should be jumping out of chairs, but no. XCP has declined 70% since "update".
like i said:
stupidity of devs, lack of understanding and ignorance killed this network.
all assets will be dragged down by worthless xcp. enjoy your worthless bags, or lets say almost worthless. -
1 week candles.
BITCOIN AT ALL TIME HIGH
XCP AT ALL TIME LOW -
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There's a counterparty proposal to move the decimal point over three spaces which will increase the supply from 2.5 million to 250 million which will reduce the price accordingly but increase everybody's XcP Holdings. This will allow for more liquidity as there will be more coins available for a cheaper price
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same troll
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and again, my 5 year son would do better than them. none of their proposals make sense. none.
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thats the same person lol
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just a reminder that instead of buying 10k he bought ZERO.
all they do is TALK -
I guess COC wasn't marketed effectively as the degens usually come in droves when they're promised forked copy profits
Jeremy also admitted to not paying the wash trading fee on Dex trade who reports the price to coin market cap
I think what you're looking at is an indication that traders are dumping on the exchange as they dont know what fork they're on -
I'd be okay to see dex trade no longer an option. It just adds confusion when considering that Counterparty has had the longest running DEx on Bitcoin.
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dex trade is a scam
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if cex has dex in its name
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its a scam , simple as that
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I capitulated and signed up to buy some of the cheap XCP from there
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Yeah, it's really misleading and just another point of confusion for newcomers
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yes, and they always have withdraws locked
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so all people can do by having xcp there - dumping
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and that dump affects the prices we see on explorers
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Yeah, the fees to withdraw XCP are really high too
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In COC we stick with personal ideas no matter how bad or misinformed
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was so good to inflate BTC supply too, so everyone could buy cheaper BTC :DDDDDDDDDD
question.
First hit from the crack pipe? -
those kids need to get sober one day, they are ANTI-BITCOIN.
- 26 November 2024 (78 messages)
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WARNING !
tokenscam is 11 blocks behind without any notice on explorer
BEWARE , dont trust it -
I noticed that the Rare Pepe card bot is down too, which he hosts
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yeah thats a nice upgrade :DD every day we are downn
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error is the most common word in counterparty
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nobody can buy anything, nobody can send anything. nothing is synced
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amateur hour
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Counterparty Classic (@Counterparty_OG) on X
Counterparty Classic v9.62.0 has just been released which adds replay protection at block 873,000! Counterparty 2.0 ledger fork information is available at https://t.co/Jo2EPaOcxw #Counterparty #CounterpartyClassic $XCP #LedgerFork #ReplayProtection https://t.co/ZlQwnq0M14
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Looks like this chat is going to be officially official
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Make sure to fork all of your tokens ahead to get a 3 for 1
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So many devs want this!
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The dev of FreeWallet
From Mafia Wars
Chief Samyaza
CoinDaddy
XChain
Modern Relics
RudeRelics
BTNS
etc... -
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who made this "art" ?
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its like 1,000,000,0000,000 errors in it. for sure not AI
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"A counterparty community member created the “UNITYXCP” token which does a good job of summarizing the key themes and tensions between the two communities which led to the ledger fork. The description of the UNITYXCP token is given below "
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"which does a good job"..... yeah really
Counterparty Original Classic - Troll Group
Public archive of Telegram messages.
