AUD

higher-steaks

in AUD for example, BTC is 16% off the highs... in USD its about 15% off the highs. Up until this month or so, the USD has outperformed the AUD for a decade.

Tasty-Neighborhood58

i bought 10 @ $64 AUD and sold at $98. bought some take out and gave the kids some pocket money, good times.

stred28

Crypto On-Ramps( NoKYC) are all but gone 😢 It’s been about 4 months since I have tried to buy crypto using AUD on an dex and a lot has changed!! Thorchains staking and liquidity pools got frozen with 10’s of millions dollars just sitting there unaccounted for!! Rune Price has dropped to almost $1. Original devs left after voting against the North Korean thieves laundering 900m+ in assets through Thor chain protocol. Which probably wasn’t the best idea! 🤷‍♂️ but hey, thorchain made a cool 5 million in transaction fees so it’s all good 🤦‍♂️ Out of dumb luck I withdrew my LP holdings off thorchain just before the Xmas crash people did not have such luck though and have lost savings of 30 thousand dollars or more 😔 Thorchain was the one protocol I truly believed in long term. The more I read and found out about it the more promosing it became. Fundamentally it still has great utility and serves a purpose But the team can’t come back from this imo They’ve lost the peoples trust with lies and deception 🥲 Plus it’s a fair chance they’ll be prosecuted for willingly aiding in the exchange of the biggest crypto heist ever. Cake wallet’s on ramp providers now all need multiple forms of ID even to buy small amounts of 20-50 bucks I still use krakenpro for staking Sats long term goals they’re Awesome! Deposits, withdrawals, customer service is all point. Trading prices are good too. Downside is deposits from an Australian bank account takes up to 24 hours to clear. Far from ideal Swytx is horrible they froze my account a few momths back. Jumped through every hoop and gave them full bank records and passport, address, source of income. Face to face phone calls. Everything. After about 5 weeks they lifted the ban but I could only withdraw Aud. So what’s left? I like using Defi platforms to use and play around with small amounts of coins and tokens to learn what they can do Sorry for the spelling lol Obviously Bisq is still heavily used? But it seemed a little complicated to use and daunting. If I’m honest. I’ve read so many peoples sending money and never getting what they paid for? Moneroswap is gone What about ChangeNow.io?? Seems legit? The app was good but now they’ve stoped fiat deposits for that as well

tenor_tymir

Ah got it. Sending 1000AUD now.

ArticMine

> No, no it won't. I agree. Bitcoin is way to correlated to US stocks for it to benefit from the collapse of the US Dollar. This is not 2013. Since then Bitcoin has pivoted from a P2P cash Cyberpunk currency to a high beta financial asset traded on Wall Street, more of ten than not with significant leverage. I can see the following doing well in a USD collapse: Gold, EUR, JPY, GBP, CHF, possibly CAD and AUD. In crypto Monero (XMR).

Jehu_McSpooran

Kinda. Depends what currency the person is using. In AUD .23 BTC is about $30K AUD

cl3ft

6AUD I spent 1000s

McBurger

Kraken has charts for BTC/ EUR, USD, CAD, GBP, AUD, CHF, JPY… you can easily sell liquidity on any of those

pop-1988

Sell USDT to LTC. Withdraw LTC from Binance to Coinspot. Sell LTC to AUD on Coinspot > How will I track this and document it for the ATO? This isn't an Australian tax advice subreddit. Consult a tax professional

ek4star

I’m also looking to invest in some crypto but honestly I know sweet fudge all about anything. Have been sitting on the fence for a while, especially since I’m not too savvy when it comes to this sort of thing (i.e. shares/stocks/etf’s/crypto etc.), so I end up not doing anything. Would be cool to get some insight on what are good crypto’s to invest into. Willing to invest up to 5-20K AUD. I’ve also heard XRP is a good option but I’m not too sure myself. I’m all ears & would also appreciate some advice. ^_^

OkSeries5363

What happens when you go to the buy crypto page (top left) and try to sell USDT for AUD?

OkSeries5363

[https://www.binance.com/en-AU/crypto/sell/AUD/USDT](https://www.binance.com/en-AU/crypto/sell/AUD/USDT)

OkSeries5363

Why not trade on binance, are you not able to withdraw AUD to a bank account on binance? With capital gains, you only need document the trade. Eg Asset, amount, price, fees, date. This will allow you detemine proft against your buy price (if you were not holding USDT for long you likely have no capital gains considerations) Binance and Kraken allow you to export a CSV with all your trades so you can caculate capital gains tax requirments easily.

pop-1988

There's no point in "all these". There's a great point for the two popular stables. USDT famously lost a lawsuit in which it admitted it was only 84% backed, was required by court order to have its funds audited, and still has not complied. In attempting to semi-comply, Tether made up a list of assets which covered the shortfall - loans to related entities Given this poor reputation, with years to fix the problem, and still no audit, Tether is not trusted by everybody. So it makes sense for those who don't trust Tether to use USDC instead None of the other USD-backed stables are big enough to discuss There are algorithmic stables, especially the DAO one, partly backed by meatworld assets like bonds Given that the USD is on the verge of collapse, thanks to extreme tariffs and extreme sea-freight container port taxes, it makes sense to consider than a Euro stablecoin, or an AUD stablecoin might be more **stable**

King-esckay

I used nexo, the interest rates where very high 19% I put up BTC, and the liquidation level was 39k, so I felt safe The advantage was that there are no repayment schedules The disadvantage is compounding interest However, for me, I needed to raise 25k AUD and borrowed 25k USDC Getting a traditional loan meant mortgage increase and would take about 6 weeks to organise Took 10 minutes to put BTC up as collateral and then have the AUD in my bank account. This was for a business, so interest was tax deductible. I purchased BTC monthly with the business to "repay" the loan which was placed into the savings side of the wallet at nexo exhange earning 6% i think it was, by the time I had repaid the loan nearly 2 years later I owed 32k USD In the end, I borrowed 25k USDC and paid back the loan for an outlay 8k AUD Very good outcome for me I have a friend who has borrowed to increase his crypto holdings, and he is always worried about liquidation. So the short answer is, it can be great and it can be risky, I borrowed when BTC was low and paid back when BTC was higher.

Forward_Pirate8615

I once purchased Eth for $200 AUD. I hope it goes back there.

randomdimised

CRO holder here, I'm very lucky I used the free carried method which is locked in VISA Icy Stake ($70k AUD at the time), and its currently worth about $50k AUD at the moment. Its shitty but I don't have my own capital in it so I don't really care what they do...

SolidRevolution5602

100% of my ~$3000AUD savings is in crypto. I have nothing else to my name. I'm balls to the walls on bitcoin. If it don't work out, homelessness retirement for me

waitareyou4real

AUD dollars not US

baggs22

Can't speak for OP, and I'm talking AUD here. Sold at 154k. It's currently at 132k. I'll probably jump back in under 120k. Then might see if it levels out for a bit before topping up.

Wendals87

0.0000990 is $13 AUD. not even close to the $200 you have said

CiaranCarroll

Yes, because nobody outside China wants Yuan, nobody outside Russia wants Rubles, nobody outside India wants Rupis, nobody outside Brazil wants Reais, nobody outside South Africa wants the Rand, nobody outside Australia wants the AUD, and so on... Dedollarisation means the dollar no longer acts as effective collateral for international debt or trade settlement. With so many newly sovereign poles in the world, how will they settle their trade? Gold? HA!

DeepFriedDave69

I’m also a 19m Australian, I put in AUD 8k, about half my savings

procabiak

Empower people? Your $1 USD buys you bread today, and it buys you dirt in 20 years time. If you can't see 20 years in the future, then you eat dirt in 20 years time. Dollars is worthless in the long run. Even in the west, here in Australia, $1.30 AUD used to buy me a whole loaf of bread that is now costing me $2.70 AUD in a mere 9 years. In 20 more years it might be able to buy 1 slice of bread for $1 if lucky. If you don't see the future he is building, then you didn't see that future 2 years ago, when he gave you $30 in Bitcoin on chivo and your people all lined up to sell it for $20. If you held onto the Bitcoin he gave you it would now worth $60. If you didn't like chivo, you could've transferred it to a different wallet of your own choosing. Your people chose USD. Your people failed to protect it for the future, the IMF come laughing saying that it failed, because the entire world saw you lining up for the USD. There's photos all over twitter/X/the news. Your people forced your president to shut chivo down, not the IMF, the IMF merely helped you deal the final blow. And you blame your president for that failure, and now you speak of empowerment? You, who sold your country's future for $20 when he empowered you with $30, that is now $60? It is your people who wasted it. I wouldn't trust your people with the Bitcoins whatsoever. You sold it for much less than what it is worth, and showed the world how uneducated and poor El Salvador truly was, and now the IMF will take advatange of that.

SickRanchez_cybin710

Every cycle is the same hahaha "eth is shit" "eth is dead" "should have bought btc" bitch i did both every cycle, and every cycle im grinning when I make gains on both. My average buy price is under 1800 AUD for eth. I bought a full coin in one go and everyone was saying oooooo it's dead it's going to 0 bla bla bla. To everyone else here, just stack stats, buy eth and dca weekly into the top 5, you will be OK.

Sep_79

I’m from Australia so using AUD, zoom out 5 years, seen it go from nothing to 25k, crash back to 14k, shoot up to 75k, crash back to 40k, shoot up-to 100k then crash to 75k now it’s gone to 175 and now crashed back to 135k. Ebb and flow. Sell if you want but give it 12 months and you will be all kicking yourself for not buying now.

Aussiehash

IndependentReserve and Bitaroo work well, as does BTCMarkets (with the highest fees of those 3) CBA are not great, but I haven't had any transfers of AUD into an Aussie exchange's account rejected (but they are slow to arrive 48hours, even with OSKO)

DepartmentLong3941

I have been using Swyftx for the past 3-4 years now and they have a flat 0.6% fee. I also use Kraken but on comparing between the two Swyftx is cheaper. They also allow you to deposit in AUD which Binance does not support anymore :( My referral - https://trade.swyftx.com/register/?ref=nigelmartins

SeaworthinessSad7300

I'm late 40s. When I bought my first property my father gave me $30,000 AUD. I already had $100k from saving and working pretty close to minimum wage. Used to rent $1 soft porn DVDs as had no internet account to save money. No car. Carried a split system aircon home on my bicycle. Rented out rooms to all sorts of crazy people. Worked 2 jobs. Never spent much money I then inherited $300k AUD ten years later. I used that for deposit for more property. I then inherited half a house recently (hence the 0 5). Even if take out those gifts//inheritance I would still have multiple properties. I would have at least 4. I have not had a high income. I have used unregulated non bank lenders and have pushed the boundaries. Lenders will loan a lot against property. Next I will use some BTC gains as deposit for another loan with a high interest rate lender. Using money borrowed against equity to pay loan repayments. IE debt to pay debt. Kick the can down the road. Have long runway and you cannot lose with property. So in summary you are correct. I could not have got 6.5 houses without external capital. But I would have got 4. The external capital total value is very small compared to portfolio value.

MVazovski

Aussie banks are doing that shit to AUD as well, so... No. But memecoins aren't made by banks, they are made by some guys who think they're funny (they really are, though) and tokenize some memes. Nowadays, it's just a bunch of rug pulls and other scams being called memecoins.

No_Literature6871

What about comparing it to BTC/EUR, BTC/GBP and BTC/AUD?

beewhisperbuzz

CoinSpot has a limit of $2k daily prior to you becoming verified. Not sure about kraken. Any reason why you want to use a US exchange over AUD?

WeaversReply

Sorry, but I beg to differ with you. The current price in USD is irrelevant, my currency is AUD, 1 Btc = $151,000 at the time of writing this. The price of USD is irrelevant to the holder, wherever that holder may reside. I don't buy my groceries, a new pair of shoes, or a tank of fuel in USD, neither does the guy in Poland or Japan. The value of 1 Satoshi is only relevant to the local means of exchange, not the value of some artificial standard produced by a machine that goes brrrr, backed by an unlimited supply of printing ink.

CryptoGranny74

Exactly what I did this morning. Caught it at 147.5 k AUD. My average buy price is $47k AUD. I ain’t sellin’. 😜🤣👍

JFlash7

Nope. BTC is like $150k AUD right now

redeembtc

>Last year ive withdrew some money from binance converting from usd/aud Impossible. The ability to withdraw AUD ended in June 2023.

Jehu_McSpooran

I'm not too sure about that. I've noticed that bitcoin will take a dip vs the USD initially every time something big happens in the world. Same happens with the other currencies. The USD is seen as a safe haven currency. When the covid restrictions and lockdowns started here in Australia, the AUD tanked hard vs the USD. It was a full on cliff. From memory it went from around 0.60 USD to 0.50 USD per 1 AUD within a day, most of it in about 20mins. When war happens, gold goes up. Bitcoin is still seen as risky and volatile so in times of uncertainty, safe havens seem to be more popular.

yungvenus

I bought off silk road with a mate in 2011 using bitcoin, lost about $130 AUD on a hard drive then. Not the biggest ordeal, but wish I could find it now 🥲

FIRE-ON-THE-ROOF-IS

Because there's a whole country of Australians who use the AUD

FIRE-ON-THE-ROOF-IS

My brother in christ, please fkn read, it hit $120 IN AUD AUSTRALIAN DOLLARY DOOS

Material-Advisor-273

Looks like a pennant formation to me... so consolidating. Monitoring the $92k support ($146,423.65 AUD). If it breaks down then I'll buy more. If it breaks up, yay.

Material-Advisor-273

Looks like a pennant formation to me... so consolidating. Monitoring the $92k support ($146,423.65 AUD). If it breaks down then I'll buy more at $90k. If it breaks up, yay.

randomdimised

Been slowly getting rid of my stocks/crypto at break even at worst case or decent profit. Slowly been into cash investments. Still have about $245k AUD left tied up evenly between stocks/crypto which im down about 60%, just waiting patiently. I wont sell BTC and CRO due to zero cost base. They're earning between 0.25-7% in staking/interest and is my retirement fund.

DBRiMatt

Meanwhile, BTC still chilling at 160,000 Dollarydoos! 🍻 A solid pump on USDC too, surging up to $1.63 AUD

SpaceFaceMistake

Come on Australia fuck off the shit over priced bitcoin and crypto ATMs.. like is it the same in USA? It costs about 20-25% on-top of what the coin costs to buy via an ATM? So if you buy 1 BTC for value of (Eg) $150K AUD you get the 1BTC and pay the 23% I found at a local one.. that’s like $30k- 35k on top.. Buy 0.1 BTC costs $15k AU same on top will be $3k-3.5k in the trade invoice. I mean they have to make money but man that’s lots of money. Avoid ATMs folks. I wouldn’t even trust them ..

loloweber0

If you can come up with a way to do this p2p. Maybe using some sort of escrow software?? Id be more than happy to be the middleman for you. Ill buy them where i am (AUD) and you buy the usdt equivalent. We both send them to the escrow service where they would ideally get checked and verified. If someone knows of a service like this lmk. But yeah just an idea

unimaginablemind

I want to be on a bitcoin standard too, but… as a layer one technology it’s not really built with daily transactions in mind. It might be worth keeping your bitcoin because they’ll be worth a lot in 10 years. My day to day account has AUD as well as my ‘oh shit’ fund but all of my investments are in BTC/MSTR and I have MSTY for distributions to buy BTC. I can’t wait for a reliable level 2 that is useable day to do.

AnxiousBattlemage

Converted to AUD its only around 140k, I would definitely use some annual leave hrs straight away to enjoy the money, wouldn't quit the job.

PoisonPudge

That’s terrible advice…. Imagine buying a Bitcoin for 160k (AUD) and it jumps to 640k because unforeseen changes to regulation happen? When we’re speculating on possibilities, anything is possible. That’s why time in the market is so highly recommended. If you put $100 a month in bitcoin for the last 8 years, you’d be rich and much less stressed than day trading trying to guess the highs and lows.

Former_Barber1629

That’s terrible advice…. Imagine buying a Bitcoin for 160k (AUD) and it tanks to 40k because unforeseen changes to regulation happen? Your stock market analogy is poor because it’s already a highly, over regulated market. You are telling people to buy at any time under the mindset that everything will just simply increase, at some point. It goes back to this, only gamble what you can afford to lose, so if you are willing to lose 100k, go got it.

Former_Barber1629

The assets for gambling is your currency used, your AUD, that is both recognised by the ATO and RBA. The RBA and ATO do not recognised digital currency as real or of any value. The only reason they get away with taxing you is because it’s unregulated, hence we need a reform on digital currency and the RBA needs to recognise CBCD, but they don’t that, think about why.

ApacheGenderCopter

I’m talking considerably more than a quarter million AUD.

slimshaney81

FET is by far been the worse of the ones listed. I bought in at $3.20 AUD. Others I got in around what the current price is. Wish I was in earlier in the year prices were a bit friendlier. At the end of the day if I can get out with what I’ve put in I’ll be happy. I’ve already learnt a fair bit. Get in earlier next time😂

Aka_Nioh

The Australian people are the one who missing out. Other AUD pair exchanges in Australia pales in comparison to binance aus liquidity and fees.

chazmusst

I’m trying to approx sell 1/3 of my stack. That will be enough for a 5% deposit on a first home. I have setup the sell order at $175k AUD. Now it’s gone down today I feel stressed and like I’m being too greedy.

Travelplaylearn

He is right btw. I wrote this in the WSB subreddit, In my opinion, Bitcoin is not money. It is a hard digital asset. The blockchain Bitcoin is on is an invention that enables value transfer effortlessly. If it was money, the daily purchases of things would be denominated in BTC. People tried it and realized it is actually an asset that rises and drops in fiat denomination. How much is 1 BTC? It is x amount in USD/EUR/AUD/Pound etc. USD, EUR, CAD, Yen etc is money, used as a medium to exchange for goods. People need to understand this. For commerce to function, you need fluid money ie an authority can increase/decrease its issuance according to an economies needs. If BTC was money, there would be no denomination in currency, you would just sat this cup here costs 1 BTC, that isn't the case obviously. People/visionaries may want Bitcoin to become what it isn't meant for, that is money. Bitcoin is a hard capped digital asset that preserves value in a fiat monetary system where currency/money is fluid relative to each other. It doesn't matter what currency, it will hold its value over time. A life's work is not saved in money, it is saved in assets. Money is used to exchange for stuff, assets are used to increase/protect ones wealth. Wealth that can't be debased. Finally, money can and should be able to be debased. If there are not enough sea shells back in the days, maybe the leaders would go to the beach to get more and include it into the local supply. If the Romans thought 100%backed gold and silver coins was to costly, they debased it to 40% or 30% with other metals in it. Money can and has been controlled for it to function as exchange medium. Assets however, aren't the same things, I exchange my car for your house, but how does one know what is the value of the two for an equal exchange? You need that money currency. If I wanted to swap a digital asset to another digital asset? How will you know a Bitcoin is more expensive than an Ether? You look at the price of it right? The price of money. This may not make sense to people that have only lived a 100 years or so, just think about it. The blockchain is a technology that transfers stuff, Bitcoin is the digital hard asset that exists on it. And money is the currency used everywhere that prices it in relation to the fiat monetary system we currently use on Earth. Obviously my IQ is only around 50, and rises to a 100 on a good day. Just my opinion. 🗺📈⏳

Repulsive_Peanut7874

So do I.... I'm a locksmith. But I'm in Australia, and "Rick Day" (the owner of igot.com) , turned out to be an Indian bloke, who pissed off back to the sub continent with everybody's BTC. My cost average for my BTC was $40AUD, so I didn't lose much really... Thats what I tell myself. lol. Anyway, I hope those thieving dogs are enjoying the cricket. PS, every time I mention this, the scammers come out trying to cash in on my misfortune.... Absolute scum... So get the block button ready.

Realistic_Ad_7638

I sold about 90% of my Bitcoin at 101k AUD (at the end of October, just below 70k USD I think). Needed to guarantee I could wipe out my cc debt. It's personally been pretty tough watching this bull Run since then. I just wasn't in touch with the market or sentiment, kinda forgot there was a US election.  I first bought in December 2017, top of that run lol but I held and DCA'd until 2020. Narrowly escaped Celsius disaster by weeks, FTX collapse by days. 95% of my BTC in tact but $1000s lost chasing shit coins.  If I was just boring and invested and held BTC I'd be in pretty good shape. Extremely good shape. 

couchy91

I understand it well enough. I understand when I attempt to transfer ETH or ETH network Alts, it costs a fortune. Last ETH transfer cost me about $55 AUD in gas fees. I also understand that these prices fluctuate based on demand.

klassgod

When I started out I did research on Binance before putting money in and did even more research when I transferred AUD into Wirex account I made I even paid extra to receive a Wirex card and waited before sending the transaction through even then as my first transfer I that what if though.check with the crypto community. At the very least google anything with the word scam to see what comes up And now crypto is at a very nice level the scams will be more frequent and smarter

deadpanjunkie

It's hard to believe there are only 60 million millionaires in the world though, I live in Sydney Australia and the median house value is $1.35m which is admittedly in AUD (so slightly shy of $1m USD) but that's one random city in one random country with a population of 5m, and probably 1m of those 60 million. I think there are a lot more than 60m millionaires.

Pilifo006

Not really making you money. Nominally in AUD terms your BTC stash keeps rising but not in terms of purchasing power. Don’t forget that!

chazmusst

Same here for AUD which has continued its slide. Bitcoin going sideways in USD terms is making me money in AUD terms!

redeembtc

As the US dollar strengthened in the last few days against other currencies, new ATH were achieved today for the AUD and CAD

Bright_Refrigerator9

I was more so refering to you going into psychology and assuming why people were downvoting him because of theur and shitcoins. They are downvoting him because of his post implying that it was bitcoins fault and not his own. When he stated how much he lost in AUD, there's also a hidden message, or rather passive aggressiveness thats implied. Bottom line is that bitcoin is fail proof. And people aren't scared that their shitcoins are at risk, because this is the bitcoin subredit, where shitcoins are treated as the embodiment of all evil. They are just arrogant and tired of the people that bash bitcoin without the knowledge of bitcoin, which this person might have intentionally or unintentionally did.

jbcraigs

I think people here are sad for you and downvoting the fact that you lost AUD 100+ . 🤷🏻‍♂️😀

Otherwise-Diet7446

It’s mainly my replies, I got -64 downvotes just for stating how much I lost in AUD…

GiverTakerMaker

Investing $5 at that price you would have just cracked $1B AUD this month.

redeembtc

You're ripped off every time you use Coinbase with their high spreads and Bitcoin withdrawal fees. Consider switching to Kraken Pro, you'll get more Sats for your AUD.

Podsly

I put in approx 450k AUD in 21. Slowly getting that back.

Otherwise-Diet7446

$140 AUD

yabbadabbadoo693

What? They sent $0.02 AUD worth in 2013, now worth $545AUD.

batmobile88

And 160000 AUD is about 100000 USD so...

No-Spare-243

Canadian here and same story . But let me ask you this, koala-bro: Is the AUD the global reserve currency that all commodities are priced in? Yeah, didn't think so. That's why it's news.

Infamous-Elk-5086

Nobody follows the AUD

AdAccomplished4165

I actually sold it all into AVAX at $40 AUD so it ended up working out ok, thank god. AVAX and RENDER were my two main plays this year specifically so needless to say I’m glad I chose the right one to dump v drain 🥵

Last_Explanation9105

Wait, AUD should be first, then CAD. (100 AUD \~ 91 CAD)

134CON

It hit $100k (NZD) in March, $100k (AUD) in October, $100k (CAD and SGD) in November

randomdimised

Yup cashed out at $4.10 AUD Tuesday. Not sure exactly what USD price at the time. Happy with my 34k AUD profit. Will donate half as other half is tax free (50% CG discount).

YallRedditForThis

It's 160K in AUD it hit 100K here over a month ago

LosWranglos

I measure it in AUD. 

NoOneImportantOCE

I am hoping for like $4-5 USD, cause as AUD means like $6-7. 100% out at $7, out if it hits $6 and ever drops under again

Mental_String_5609

Is this on CDC? Because if it is what am I doing wrong? Is there extra fees since it’s in AUD? I’m very confused man

Beneficial-Acadia-67

im in a telegram group from this guy i met on instagram called ALTCOIN beast and its £20 a month guessing thats around 40 AUD per month. Hes not got many people in the group so you get more one to one action. Been with him for around a year now and i can hapilly say hes taken my 5k to 15k. go check his instagram group out and message him he will probably give you a free one hour call.

vinny_conswego

It's best to never sell your BTC. And dont pay attention to what it is worth in AUD or any other fiat currency. These are failing currencies and are irrelevant in describing what your BTC stack is worth. Just pay attention to how your BTC balance is growing. It's the only number that matters and this approach keeps you at peace during all phases of the cycle and eliminates panic selling. Just keep stacking like clock work and watching your BTC balance go up. When you need money when you are older to purchase your first home, you can borrow against your BTC, avoiding capital gains taxation and depleting your stack. Best of luck and stay humble and strong!

hethdotzip

Thanks for this information. Just last night I have been contacted by a guy from Blockchain about a dormant account under my name on Blockchain. Well that is what he says, and his email is set up with Blockchain at the beginning and his name after. Now the story goes that I need to put 0.007BTC in my wallet and send it to what he has set up on Coinstats, in order to revive and re-activate my account. This account is supposedly worth 2.7BTC and was set up in 2013 with me paying $250, This kind of fits with the cost of Bitcoin back then. This account has supposedly remained unused. There is no way I would be paying money over as this is too much like scamming. They even gave me their password to open up this account to have a look. Sounds too suspicious to me. I have a bit of a sense of humour so I emailed them offering $2.00AUD via my Visa Debit Card. Better still via Paypal who will protect me as they have done before. Now I see that PayPal has an app allowing to accept and pay in Bitcoin. That is very good to know about. Last year one of these similar guys who first approached me via phone and email after years of surly OS financial guys who rang me asking me about my account in the financial arena, like being very keen on me opening it up for use if I recall. I just kept fobbing them off but they kept on ringing me. He said I was on the books of a stockbroker who got caught for defrauding their clients. He too wanted payment to open the account and had me downloading Automic Wallet and then Kraken Registry, plus did something dodgy like use AnyDesk on my PC. Yikes! Got rid of that quickly. Then other guys came along with the Krypton online software where I could view the account but which had less BTC but a compensatory cash payment out of Stockholm, Sweden. This needed cash payment to activate too. This I would not do. After checking through mastercard use for 2013 today, I cannot see where I have paid for Bitcoin. However at the time I was buying quite a few small cap Aussie Shares, plus working on some very big complex jobs, so something may have come adrift and I bought Bitcoin. However I would have needed a wallet to do that back then, yes? Anyway it's like an ongoing bitcoin drama and I have learned a lot about the crypto. field. At least you have reassured me that if this account does really exist, it will probably be saved and remain dormant until I get it sorted.

Altruistic_Duck3485

Whatever price its at now :p Plus I grabbed about 500AUD worth over a year ago which was a nice lucky grab

coinfeeds-bot

tldr; Banxa Holdings Inc. reported strong financial results for the first quarter of fiscal year 2025, ending September 30, 2024. The company saw a 25% increase in Total Transaction Volume (TTV) to AUD $252 million, driven by product innovation and new partnerships. Gross Profit rose by 10% to AUD $7.3 million, while Adjusted EBITDA improved by 67% to AUD ($0.3 million). Despite a softer market, Banxa optimized its business, enhanced pricing strategies, and expanded its regulatory infrastructure in key markets, setting the stage for sustainable growth in 2025. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

qldvaper88

which is \~10k AUD meaning Australian dollar is meme compliant.

Froz3n_Cornchip

Short answer, no. You should be able to see this by looking at the charts but let me tell you my experience. Bought LTC back in 2018 when it was $120 AUD and held for years hoping it would grow like BTC, today it’s $140… if I had bought that amount of BTC in 2018 I’d have $16,800.

PumpzandGainz

after that dip a couple years ago i gathered up a couple AVAX, SKL, XRP (recently sold for decent profit, PEPE (4X my money), and DOGE (holding til $1 ish (AUD)

ItsAllAMissdirection

Why bullion? Lots of people own 24k and 22k gold. Not even that, lots own even less karat gold. 31.1 grams of gold is 4087.15 AUD. That's 0.027 btc. Half the purity is 0.0135 btc And half of that is 0.00675 btc. More people own small amounts of gold and more people are stating to hold/own small amounts of btc.

DogStunning4845

Look at AUD graph then.

1n1t2w1nIt

I sold some SOL at 400 AUD and swapped some to ETH without any regrets.

Clear_Indication1426

Bro I literally had the same feeling. Made the *mistake* of selling 50% of my sol bag when it hit $375 AUD when I should've only sold 10% or so. Still made 5x return but yeh it's an emotional process!

Late-Professor-5038

Yeah, I’m a little disappointed that I sold all my XLM yesterday looking at the price today. But I made $20k AUD profit so I can’t complain too much.

Beneficial_Ad_1072

But I’m talking about AUD

Rude_Adeptness_8772

hey mate, they're talking USD, not AUD

Lufia321

Honestly...If I had put my $47k AUD into BTC or even DCA'd over the last 3 years, I would be up thousands if not hundreds of thousands. I guess we all gotta go the degen route and try out moonshots, while getting scammed with pump n dumps, rug pulls and projects that go nowhere.

Chewiemang

Got mine at 77-78k AUD, a few weeks ago.