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Topic: Bitamp Bitcoin Web Wallet - Send & Receive Bitcoin Instantly! - page 12. (Read 13678 times)

member
Activity: 314
Merit: 17
How can I check my BTC wallet? I have bitcoins. I have checked my address in another site. It says I have 0 bitcoins.

One of the most common questions we get on Quora, so we're sharing our answer to help anyone else who might have this issue.

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You’ll need to provide the details of the wallet. A lot of “scam” wallets out there, which aren’t actual Bitcoin clients but centralized accounts telling you there’s a balance, when in fact, all you have is credit on personal account created on that centralized platform. Looking up your deposit address will show 0, because most centralized platforms actually sweep deposits to their central account.

So if you have a balance, withdraw it to your own Bitcoin client like Electrum or Bitamp.
member
Activity: 314
Merit: 17
How long do you think this cryptocurrency cycle will last?

Tough question to answer. Past cycles have never been able to last a year once it broke ATH, the last one was barely half a year old before it all went downhill quickly — albeit at its lowest point was still about 3x the old ATH. If we believe the same will happen, this means it’ll never go down below $20k again for BTC which is always a good thing.

But you know what they say. Past performance is not an indicator of future performance. Bitcoin is no different.
legendary
Activity: 2086
Merit: 1282
Logo Designer ⛨ BSFL Division1
How are companies operating within the cryptocurrency industry meeting the challenges associated with obtaining access to banking?

They simply open a business entity and banking in a jurisdiction that allows them to! It’s not that difficult when you consider there are plenty of blockchain-friendly jurisdictions these days, which explains why there are many companies based there — Malta, Switzerland and now increasingly US and UK too and parts of Europe now that regulations are becoming friendlier.

Yes they are doing that but number of countries with less strict regulations are reducing every day, so some companies are creating their own bank to try and change the system from inside.
Real problem is that they are talking about asking KYC verification even for regular non-custodial crypto wallets and I think that is crazy.

hero member
Activity: 2870
Merit: 594
Thanks for the continues discussions people! We got another question, not related to us much but since it's industry discussion, I thought we'd share them.

How are companies operating within the cryptocurrency industry meeting the challenges associated with obtaining access to banking?
I would say though that it is much easier for crypto related companies to open a bank account because the financial systems are more open and friendly, as compare to let say in 2017 wherein we heard a lot of companies bitching around because the banks closes their account because they are a crypto companies. Now even banks are into crypto and blockchain.

They simply open a business entity and banking in a jurisdiction that allows them to! It’s not that difficult when you consider there are plenty of blockchain-friendly jurisdictions these days, which explains why there are many companies based there — Malta, Switzerland and now increasingly US and UK too and parts of Europe now that regulations are becoming friendlier.
Of course, the simply and preferred way is to headquarter your company to safe haven countries as to can also take advantage of lax law specially as far as taxes go.

Bitcoin and blockchain can’t be stopped!

Agree?Wink
Agree, the revolution has just began and there is no stopping moving forward.

full member
Activity: 546
Merit: 159
How are companies operating within the cryptocurrency industry meeting the challenges associated with obtaining access to banking?

They simply open a business entity and banking in a jurisdiction that allows them to! It’s not that difficult when you consider there are plenty of blockchain-friendly jurisdictions these days, which explains why there are many companies based there — Malta, Switzerland and now increasingly US and UK too and parts of Europe now that regulations are becoming friendlier.

Bitcoin and blockchain can’t be stopped!
Bitcoin can't be stopped. Blockchain is globally accepted by nations and governments that it is a technology for now and future so sure it can not be stopped.

Friendlier is better but it does not mean you are free from the follow up of governments. Therefore, make sure to use change addresses and avoid to disclose too much about your bitcoin investment, address and your identities. Information is caught on the Internet and the bitcoin ledger so if you disclose your information, you can not erase it.
member
Activity: 314
Merit: 17
Thanks for the continues discussions people! We got another question, not related to us much but since it's industry discussion, I thought we'd share them.

How are companies operating within the cryptocurrency industry meeting the challenges associated with obtaining access to banking?

They simply open a business entity and banking in a jurisdiction that allows them to! It’s not that difficult when you consider there are plenty of blockchain-friendly jurisdictions these days, which explains why there are many companies based there — Malta, Switzerland and now increasingly US and UK too and parts of Europe now that regulations are becoming friendlier.

Bitcoin and blockchain can’t be stopped!

Agree?Wink
full member
Activity: 546
Merit: 159
Technical analysts point to a proven cycle of rallies shortly after a Bitcoin halving event — always around 6 months after halving. This happened twice before and appears to be happening now, roughly 6 months after the last halving on 11th May 2020.
Halvings help bitcoin catch more attention on social media, televisions, and mass media that make noise and together they help bitcoin to attract new investors and increase its adoption. Halving also creates a feeling that bitcoin is becoming scarce a little bit more. In the history, the price tends to top up 1 year after the halving days.

Quote
Fundamental analysts believe it’s simply a matter of network strength. More hashpower means more security, more users and adoption means more demand and utility, and this year we’ve had strong buying interest from big companies and institutions.
Hashrates on the bitcoin network is big and replay attacks are impossible. Impossible because the attacks require big cost and attackers won't get benefit from their attack cost spent ahead of time. Hashrates relate to security and healthy status of the network and it also reveals us the intrinsic value of bitcoin. The higher a mining cost to mine one bitcoin, a higher potential price for bitcoin to be traded on the market.
legendary
Activity: 1820
Merit: 2700
Crypto Swap Exchange
Why did Bitcoin break its ATH?

Many reasons, depending on what you believe.

Technical analysts point to a proven cycle of rallies shortly after a Bitcoin halving event — always around 6 months after halving. This happened twice before and appears to be happening now, roughly 6 months after the last halving on 11th May 2020.

Fundamental analysts believe it’s simply a matter of network strength. More hashpower means more security, more users and adoption means more demand and utility, and this year we’ve had strong buying interest from big companies and institutions.


Perhaps all of the above factors could explain the basics of this price surge, but the bitcoin halving probably as one of the most important to consider.
The Stock-to-Flow Model looks pretty accurate at the moment.


surce: https://www.lookintobitcoin.com/charts/stock-to-flow-model/
member
Activity: 314
Merit: 17
Why did Bitcoin break its ATH?

Many reasons, depending on what you believe.

Technical analysts point to a proven cycle of rallies shortly after a Bitcoin halving event — always around 6 months after halving. This happened twice before and appears to be happening now, roughly 6 months after the last halving on 11th May 2020.

Fundamental analysts believe it’s simply a matter of network strength. More hashpower means more security, more users and adoption means more demand and utility, and this year we’ve had strong buying interest from big companies and institutions.
full member
Activity: 546
Merit: 159
You can only get your private key for each of your receiving address.
I don't get your point here mate, are you trying to say that each time you regenerate new address on bitamp, immediately you are given out new pk?, or you mean, each type of address like legacy-address (starting with 1), P2SH-address (starting with 3), Segwit address(starting with bc1), all have their respective private key? Let me be clarified mate.
Did you try to create one Bitamp wallet?

If you create one wallet, you will get my point here. I am unable to explain it and as a participant in the campaign, you would try to use the wallet.

If people are giving out their private key, they don't use the Bitamp wallet. Not your keys, not your coins. You can create the wallet offline (and clear the cookies after you finish). Even when you create a wallet online, Bitamp developers claim that they don't own your keys so if you don't back up your keys, you lose your wallet. No support for wallet recovery from the team.

Every Bitcoin address (regardless of the type) has a corresponding private key. A public key is calculated directly from its corresponding private key (hence the name public/private key pair).
It is. One public address will have one private key and you will get the private key if you click on the Key icon at the right side. Three address types and each type has a list of addresses. Each address has a private key.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
Thanks for all the comments, everyone. Yes, we do give on all of the feedback from you guys to our developers, don't you worry!

We can't speak as to which exactly the features they will continue to develop or if any of the feedback will be incorporated -- obviously, devs have their priorities but do know that every piece of feedback and comment is appreciated!
We as well Appreciated your comment in regards to our feeds, we are looking for the next update and feature coming from the team as we are going into developing more of what people needs and desires, to satisfy the incoming and the ongoing users.

Quote
Mobile is the future:)

It is ,as Mobile is the easiest tools to access everything we have ,specially in crypto assets that we wanted to be fully secure and safe as this is also for our future that's why we are gathering and  saving all we can from here and there.

Thanks Again for this great Creation of safer Wallet.
legendary
Activity: 1820
Merit: 2700
Crypto Swap Exchange
You can only get your private key for each of your receiving address.
I don't get your point here mate, are you trying to say that each time you regenerate new address on bitamp, immediately you are given out new pk?, or you mean, each type of address like legacy-address (starting with 1), P2SH-address (starting with 3), Segwit address(starting with bc1), all have their respective private key? Let me be clarified mate.

Every Bitcoin address (regardless of the type) has a corresponding private key. A public key is calculated directly from its corresponding private key (hence the name public/private key pair).
sr. member
Activity: 1232
Merit: 379
You can only get your private key for each of your receiving address.
I don't get your point here mate, are you trying to say that each time you regenerate new address on bitamp, immediately you are given out new pk?, or you mean, each type of address like legacy-address (starting with 1), P2SH-address (starting with 3), Segwit address(starting with bc1), all have their respective private key? Let me be clarified mate.
member
Activity: 314
Merit: 17
I find the login using the seed really intriguing. I'm used to the seed (or the private key) to be the foundational block of a wallet, that isn't used directly, but here you can just "connect" with it. If I understand correctly I don't really connect, the browser just "recreates" the wallet on the fly every time ?

Actually, most Bitcoin clients/wallets should be able to work the same way, if they use the same derivative path.

The seed isn't your private key, actually... in a simple way to explain, the seed is just a sequence of words that, if entered in the correct order, is converted by formulas to give you access to your wallet plus the keys (both public and private) belonging to the wallet.
hero member
Activity: 2604
Merit: 961
fly or die
I find the login using the seed really intriguing. I'm used to the seed (or the private key) to be the foundational block of a wallet, that isn't used directly, but here you can just "connect" with it. If I understand correctly I don't really connect, the browser just "recreates" the wallet on the fly every time ?
legendary
Activity: 2758
Merit: 1228
I am not sure why people asking for mobile applications even they can access a wallet smoothly on browser phones?.

I try to access using chrome on my phone, looks mobile-friendly. Please check it out, bookmark it as a pin, and adding in a phone screen. [1]



1. https://natomasunified.org/kb/add-website-to-mobile-device-home-screen/


Do this for other wallets but still we can't deny the fact that mobile app is more handy, but thanks anyways this info is helpful to others who doesn't know about this option. Also its good thing that the bitamp team is active to watch the thread and listen to the suggestion given by the community and maybe its good thing for us to wait for further more updates here.
member
Activity: 314
Merit: 17
Thanks for all the comments, everyone. Yes, we do give on all of the feedback from you guys to our developers, don't you worry!

We can't speak as to which exactly the features they will continue to develop or if any of the feedback will be incorporated -- obviously, devs have their priorities but do know that every piece of feedback and comment is appreciated!

Mobile is the future:)
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
Hello, it looks like the Bitamp wallet is now being discussed a lot because of its simplicity and comfort to use, I'm sure I tried it for real but I want to ask if the wallet on Bitamp can sign the owner's wallet?
Like other Electrum wallets?
I want to know if Bitamp can or not.
Thank you I just wanted to know that but will use it for the first time I try it.

The most simple and user-friendly Bitcoin wallet I have ever used is Bitamp. You know it is an open-source web wallet and you will get full control on your wallet with seeds and private key. In fact, most of the web wallet doesn't support signing message But If you have access on your own private key and seeds then it is easy to import it anywhere you want and sign a message. Bitamp gives you the full control on your private key, you can import it on mycelium/electrum and sign message.

Another thing is you can also import your mycelium or elecrtum seeds on Bitamp, it's really great.

Yeah I know this is the friendliest wallet I have used, now I understand how you mean that and of course I have my private key and seed so whatever I do, I have full control.

I will try to signed message on the Electrum and try it looks like Bitamp is quite nice and friendly.
legendary
Activity: 3122
Merit: 1140
I am not sure why people asking for mobile applications even they can access a wallet smoothly on browser phones?.

I try to access using chrome on my phone, looks mobile-friendly. Please check it out, bookmark it as a pin, and adding in a phone screen. [1]


We cant deny that having its own mobile app is much more easier and convenient to use rather than on directly accessing it on a browser but somehow you can
really able to use it without any hiccups yet its mobile friendly but same as others suggested then having an app will also a good option to make.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
I disagree though, there are crypto users who prefer to used their mobile apps for everything related to their crypto activity, that's why Binance has it's own mobile version, even coins.ph (Philippine local exchange) has it's own mobile.

Besides, it's a good gauge how 'many' are using your apps with the amount of downloads you got, might not be an accurate picture, but still you know that someone is using your apps.

In any case, we will just have to wait for Bitamp developers as it is in their roadmap if I'm not mistaken.

The comparison might not be appropriate for me. Obviously, it's necessary for coins.ph and Binance to have a mobile application since they are a "custodial wallet" that offers various and different crypto-related services (trading, buy, sell, etc). Accessing their service thru the website only might not give convenience to its customers.

On the other hand, Bitamp is a non-custodial wallet that primarily focuses on transparency and wallet security. So it's not really necessary to have a mobile app for this but if given by chance, then good.

I'm not saying they should not consider it. What I'm saying is, should not be a priority or at least the primary talks on the table. But as you said, if that's on their roadmap then it will be a good additional feature.
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