CS

TinyAdhesiveness5773

Everything was fine couple months ago, then citadel and others decided to jump in and "provide liquidity" which basically means stealing liquidity from retail traders. you can't beat their algorithms. They pay millions for recent CS graduates, pin picking them with tests and hiring them to keep building more sophisticated algorithms each time. As usual big money screws small money. Bitcoin for example is no longer tradable, you have to be so quick or you'll get trapped no matter what you do.

Future-Tomorrow

Under the laws of enshittification, CS is either gone and replaced by AI or outsourced to the Philippines or India. Was an eBay seller for over 20 years, a power seller for more than a decade. CS is never coming back to eBay and to your point they’ll just keep gouging customers with fees. As a matter of fact, eBay has a setting that will allow you to add almost the entirety of a sales value to exposure and noobs get caught with that regularly and are shocked when they get something like $27-$77 on a $900 item.

Minute-Warthog-8445

Yep. Me too. I've been on a upswing and profiting today. But all of a sudden last hour it says Thus Business is frozen. Please contact CS for info......GREAT

Large-Assignment9320

Clearly the only thing that has constantly been going up this year is CS2 skins,

PatrickThomas4one

I’ll keep voting for Coinbase as now that Trump had his SEC puppet drop their case, coincidentally after Brian Armstrong & Coinbase were part of the industry(crypto) that poured millions into trump’s campaign…they will continue to operate without a true CS department, promoting themselves as what they are not

ImmediateYogurt8613

Hahha.  Ok OP - focus on school, ignore crypto.  Learn CS and a future proof skill that doesn’t rely on a computer . Then you’ll be okay.

Sector__7

Here you go. It even has a 90 day policy if it doesn’t suit your needs. [illustrious_Stand319 Lambo](https://www.walmart.com/ip/Hot-Wheels-Lamborghini-Huracan-LP-620-2-Super-Trofeo-239-250-HW-Exotics-8-10/13940072488?athcpid=13940072488&athpgid=AthenaItempage&athcgid=null&athznid=si&athieid=v0_eeOC43OCwxMTAuNTEsMC4wOTQ4NTc3NTI0NTAzNDEyNywwLjVf&athstid=CS055~CS004&athguid=SkeAK-WQQOZSwAEnX9jg71TmrPH8eeMZkqtV&athancid=5124484822&athposb=0&athena=true)

CrashleyBezos

I work in CS for a large bank and I see this shit all the time. Any time anybody asks me for help linking their account to a crypto exchange, my first question is "is somebody directing you to do this, and do you know this person and trust them?" Sadly the answer is usually "yes but I just met them online". Don't trust random people online. The way the economy has been especially the last few years, nobody is out there giving away free shit or trying to help you get rich fast. If they say they are it's almost always a scam.

partyboycs

Makes me think of Kato 14 Titan holos in CS (iykyk) similar gains to btc I think they’re about $100k each now. I call myself a 100% BTC maxi but the only other thing I actually HODL are CS cases. Huge demand so people open them and the supply is actually decreasing instead of staying the same because of that. As long as the game doesn’t ever die for some reason (ath player count currently) these and Bitcoin are going to the moon :) I bought so many cases back in the day for 3 cents each and many of them $10+ now, some even worth hundreds each.

RicoSuave1962

Yes. Within 3 days they reopened my account. Make sure you correspond with a case specialist, not a CS person. Everything has been perfect since.

nachopc

Happened to me on another platform Kept hammering their CS until they added the token I needed (I sent USDC (SOL) to my sol wallet but they only had USDC (eth)) They can probably send it back to you (or you can just wait and pray they add it)

cashcheater

If you're already planning to do this, then DCA is a solid strategy. However, you might want to explore other formula-based strategies as well—besides DCA, there are also CS and VA. If you're looking for something more efficient and don’t want to lock up your funds for five years, I could help you with that.

mikebailey

I did hackathons around the same time this guy did. As far as I could tell, he’s not dumb as rocks but he’s also not some genius astrophysicist the press makes him out to be. The average CS student could be in a similar place with his timing and luck.

Jeny42

Hello fellow Pioneer! I'm a Pi validator and have watched many other coins launch since 2017. My thoughts about the launch? Brilliant. Better than expected considering full market buy has yet to kick into gear. My best advice is - read the whitepaper so you understand the concept and don't have to ask many questions. Research the well known founders - one was instructor of Stanford’s first decentralized applications class, CS359B, in 2018. Not fly-by-nighters. Read the r/PiNetwork and learn how to not get scammed. Can it fail? Any crypto can. My bet is, its a winner long term.

harvested

>The ByBit hack reminds me of when I was a TA for the cryptocurrency class (CS251) at Stanford. The final exam had a question asking students to find 8 purposefully placed bugs in an ETH contract. The students found 15 💀

orlanbelohvost

Just called them and it says that CS is not available for my account.

verikiima

Their CS picked up the phone when I called for assistance with verifying my account. Their verification process isn't there for no reason - I appreciate the added security.

orlanbelohvost

I tried to call them - CS is not available. Sent them email, no answer.

cinnabunnyrolls

You lose access to your google account because of whatever ToS you broke or a failed verification. Google asked me for my id and proof of address to verify my payments and they haven't got back to me in ages due to their lackluster CS.

Ok-Sympathy9768

Yup..dealing with banks can be a whole lotta BS. Happened to me on vacation and with major purchases… what is fucking nuts is the more responsible you are with your finances and the more money you have.. the more you are at risk of losing access to your money..it has to with software/ai monitoring for fraud…what a gigantic pain in the ass.. Gotten blocked from accessing my bag and it really was annoying. Best thing to do is use multiple institutions + have multiple cc processors ( example have at least 3 different cc processors one visa, one MC, one Amex or JCB.. example if a possible ai generated fraud alert pops up on one visa it will hit all your visas) + if married keep your finances separated… same thing with BTC..why have all your exposure in one place/ or single cold wallet? I ask myself what’s more likely to happen me lose keys or one of the institutions like blackrock, fidelity, GBTC, or arc losing them??? Back in the day GBTC made it so easy to invest and get bitcoin exposure.. buying shares was super easy in a tax advantaged account .. felt a lot safer too.. literally a couple keystrokes in the retirement account and bam I just bought shares equivalent to 10+ BTC at like around $5/share.. worry free…. And DCA was also easier.. at this point if the shtf with the ETFs.. say like an ftx .. It would probably crash Bitcoin .. the ETFs are the key to mass adoption.. which brings us full circle… spreading risk includes have a some in CS because an you really trust institutions .. but I am too much of a Fucktard to figure out how to do CS .. so I rely on institutions..

MrMoustacheMan

Through bear and bull you hold the line, Your CS team, both fast and kind. In Reddit threads you’re always there, When summoned you answer with patience and care. No bots, no ghosting, just real replies, Kraken, my guide, gives trusted advise. 🚀🐙 @moons

Maleficent-Fail-3764

IMHO, while I’m no tax expert, I only play one on tv. These things below sound hauntingly familiar and do not trigger taxable events per se. CS staking payment is technically income but still worth the mention because in both situations you do not relinquish custody in the eyes of Uncle Sam. Fidelity: “It is possible to borrow against your positions if those holdings are held in a non-retirement brokerage account with the margin feature. A margin account lets you leverage securities you already own as collateral for a loan. Keep in mind that these loans are interest-bearing and can be used to gain access to funds for various reasons that cover investment and non-investment needs. When borrowing on margin, it’s always important to carefully consider your personal situation to help determine if it makes sense for you. That said, there is no other way to borrow money from your brokerage account without enabling this feature. To better understand margin loans, let’s discuss them a little more. When you take a loan, it isn’t just used for trading, and you can withdraw the funds to a personal bank account on file. Margin loans do not carry a specified date that you must repay the funds; however, you will be charged margin interest for as long as you maintain a margin debit. Margin interest is charged daily on all settled debit balances and begins from the date credit is extended. Interest rate periods run for 30 calendar days beginning on the 21st of each month until the 20th of the next month, and is posted to accounts on the first business day following the 20th of each month.” Charles Schwab: “When you get a loan on stocks, you are lending your stocks to another party in exchange for a fee. This is also known as securities lending or stock lending. How it works You typically receive a fee for lending your stocks. You retain ownership of your stocks and can sell them at any time. You may need to provide collateral, such as cash or other securities. The borrower may need to pay a loan fee and interest. Risks If the value of your stocks drops, the collateral may not be enough to cover the loan. If you default on the loan, the lender may sell your stocks to cover the loan. Benefits You may receive a fee for lending your stocks. You can spread out a purchase over time. You can keep a larger portion of your investments working for you. You can write off interest costs as an investment expense on your taxes. “

Clearly_Ryan

I have 5000 hours researching it, 6 years of investment exposure, a degree in CS and economics, and an almost 8 figure networth in BTC. I have literally had hundreds of conversations online and in person explaining my thesis and, I sh_t you not, not one human being has made it past my "fiat isn't money" and "inflation impoverishes people" argument.  I have never gotten a single person past chapter 1 of my explanation on BTC, so nobody gets it. Like trying to explain to people that the Titanic has a gash in its hull and is sinking rapidly to people who undoubtedly believe the Titanic is an unsinkable ship. Here I am on a lifeboat, the only thing that floats in the Atlanic, and people only see volatility and risk while they stand on Titanic's slowly tilting deck.  People are retarded. Another meal at a Michelin Star resturant for me to help alleviate this frustration. 

Affectionate-Humor61

the .1 club is quite will see gains if held. Keep stacking and look into CS my guy

Odd-Radio-8500

https://x.com/BitcoinMagazine/status/1888559736011796944?t=9CS4S715HlbqCZ64FEmzYA&s=08

DuePercentage1580

It’s a completely illiterate book in my opinion and misses the point of Bitcoin. So many people I’ve met love this boon, but I just don’t why. Saif is the only person in the industry who understands zero cryptography, zero CS, zero economics and zero history. I would rather advise Broken Money, Mastering Bitcoin, Understanding Cryptography and 21 lessons. But to each their own

idrinkforbadges

no use case, but says in 2014 that "bitcoin is better than currency" https://youtu.be/e5CS1mq6eBg?si=EKSK8hbNS6aHlBHV

snowglobes4peace

The cops are fully militarized in this country. Our military, which is the most expensive well-funded organization on earth, gives all their outdated toys to local police departments. Like tanks and shit. We had protests in my city in 2020 and the cops basically blanketed the city with CS gas in concentrations hundreds of times the safe limit. I personally watched middle aged white women emerge from the crowd with bleeding head wounds because the cops were tossing gas canisters right at protesters heads. I saw cops run at the crowd with their knives drawn to slash vehicle tires and chase us through the streets throwing tear gas at us while ordering us to disperse with a long range acoustic device, which is basically a sonic weapon. This is while everyone was completely unarmed, except some folks who threw like rocks and bottles. Bringing a gun to fight the power in this country seems like an extremely bad idea, you'll get shot dead immediately.

Vepyr646

Ok, maybe it wasn't bitcoin then, but I know it was a crypto currency. We were CS majors, so this whole idea of online currency was something we talked about in class. That's what lead us to sign up.

chichris

I was verified in 24 hours. I love the app. Never had an issue with it. I’d contact CS.

OkCompute5378

When did I ever say it’s already there? I’m just saying it’s a real possibility in the future (next decade) and should be a genuine concern. Good luck with the PhD, I’m doing a BSc in CS so you have the edge on me there.

gethereddout

Exactly- 40 years is pretty arbitrary. Cryptography has its own origins in math and CS foundations

Creme-Waste

Absolute nonsense. I mean it. I know it. I want every one else to know it. People really like to ignore facts here. Fiat withdrawal is free. I pay 1 EU service fee. Fiat top-up is also free, so I am not sure what you are talking about. CS has been a pain point, true, but it is much better. Coinbase has 11h waiting times, so let us not pretend that this is out of the ordinary in the industry. Where I am based, CDC offers the best cashback card (Denmark). There are no alternatives. Some Danish cards offer seasonal cashback in some stores, but nothing to the tune [Crypto.com](http://Crypto.com) does. With regards to lockup, it is a utility coin. You buy and use it to access the perks you need.

LegendaryJohnny

Yeah, Nano is also basically useless, no utility, no mining, no staking as far as I know. You can send and receive Nano and thats it. Even sending and receiving common pistol in CS2 on Steam is more valuable and utility driven.

Amber_Sam

This is not Gmail CS.

MaximumStudent1839

It is because the space doesn’t rewards a diverse set of skills. It focuses excessively on hiring CS undergrads with no real work experience, rewarding social media influencers who are good at orchestrating pump and dumps, giving credit to podcasters who pretends to be smart, elevated a bunch of former Wall Street excel monkeys as “VCs” and “KOLs”, etc.

MariachiArchery

Agreed. Regulations are going to blow the barn doors off this space. Next on the list is making this actually user friendly and something an average person can understand and interact with. We need someone to come along like AOL or Google did for the internet. We'll need something like that for that super fast streamlined on-boarding. Could it be Coinbase? Maybe. But They need to get their fucking shit together as far as CS goes. As CB starts to act more and more like a bank, I'd love to see them start opening brick and mortar locations. Imagine being able to walk into a Coin Base *branch office* and cash a check, and the teller asked if you'd like it in BTC, or ETH, or USDC, or XRP, or whatever... or fuck it, just getting paid instantly after each time you punch a time clock via XRP. Will be very cool. Our financial/money system could be so much more efficient.

Exotemporal

I took a screenshot too. This feels more personal for me than when the price hit $100,000. My earliest screenshot of the bitcoin ticker was at [37.79€](https://i.imgur.com/H8bvEwt.png). My first celebratory screenshot at an all time high was at [150€](https://i.imgur.com/CS4y4YX.png). Funnily enough, my mind was blown harder at 5,000€ than at 100,000€. I think I just got used to bitcoin acting silly!

psyonix

Because Exodus has one of the strongest brand identities in the space, and while once may argue the merits of of FOSS vs proprietary, the app (the actual one, not the scam UI frontend homie got from the google) is solid. I have used it for YEARS with no issue (on the app side). Their CS has always been quick and responsive, and all seem to know what they're talking about. I think OP's post is sus, and that's being generous.

warrior2012

I find cases like this are why we are much further from mass adoption than the community would like. People make it seem like you need a CS degree to deal with crypto. Even my friends who get into crypto refuse to move their crypto off an exchange and deal with self custody for these exact reasons! When people lose six figures and there are no ways to get it back, I understand why their first instinct is to blame anyone else!

unaltered-state

That’s one metric. You also want to look at the developers involved. Projects being built that bring utility to the network, and ultimately if you believe in the project. My problems with things like Solana is there meme coin focus, or things like Sui and Hedera withs their centralization. Maybe its because of my CS background but I really think DOT has very solid potential. Especially if you want to get in early into a project, you have to predict what network will have demand before there are actual users in it.

jerry_03

Same. Well little younger in 2010/2011 at 19/20yo. Studying CS and IT in college i heard about bitcoin early on and not that I didn't understand it or blockchain, it's that I didn't realize it's potential and thought it was kinda shady cause the only use case I've seen it in was on the dark web

hik3guy

Hello! So glad BTC is at 100k but I got a question that no one or no resource has been able to help me with. It's regarding the Blockstream Jade Wallet: I can log in on a desktop but the Android app no longer allows me to enter my PIN to log in. Anyone use this cold wallet and having the same issues? Their CS or lack thereof has been useless and their subreddit has also been useless. Thank you.

braeunik

no, it is a memecoin that serves no purpose at all. Dont tell me its not a shitcoin when it literally has 0 usecase... And launching a blockchain instead of forking is super easy, most people that take CS classes could without problems create their own blockchain. Bitcoin suceeded because it is one of a kind and serves a usecase. Every memecoin on this planet is simply that, a memecoin. Don't be delusional please, this project will not survive, just like all the other memecoins from last cycle. Most of them, had their own L1 Blockchain too...

1337C4k3

Bitcoin.org and bitcointalk.org. Facebook, here, oddly enough magazines at college. CS major.

HSuke

The greatest invention that is not specific to crypto is the algorithm for **Automated Money Maker**, invented by VButerin and other Ethereum researchers. I'm sure many games have alternative systems for automatically-pricing market goods, but it wasn't until AMMs that this became formalized. There are CS-AMMs (Constant-Sum) and CP-AMMs (Constant-Product) Prior to AMMs, there was no way to price a good without an order book market and someone setting the price.

Adler4290

Same here, was too cumbersome. And I had a degree in CS, so should have been prepared, even dabbled in light cryptography, but was not coding in C for fun or so, or developing Linux stuff - So lost the interest really fast.

jnellie100

I’m not an expert, but I can answer some of your questions from living life, and some based on a small amount of due: no cost to set up CSS except the cost of the device One device to check out is Trezor. Others will then become apparent. A CS device when not connected to the internet for transfer purposes is not susceptible to attack from internet scammers. A transfer in kind from Robinhood or any other custodian is NOT a taxable event.

ohmylee

Sorry, I mean do you have double transaction fees moving your coins between two different platforms then moving to GBP? Yeah I appreciate that, I have only seen kraken CS on Reddit posts and they seem like ai

ohmylee

Does that come with fees trading between platforms? I have even read stories of kraken locking peoples accounts, but are supposed to have good customer service. I have seen kraken CS replies to others on Reddit, and they seem identical to Coinbase CS, in terms of response and helpfulness. It’s like you’re talking to an ai

Positive-Wafer2768

I understand they would need to come and go freely, but that doesn't necessarily mean that each node should trust them all equally. I need to think through this more thoroughly, as I said I am CS but I am not in this exact field, however each node maintaining a reputation list of miners and/or nodes that have performed their job faithfully (weighed by recency), and then having each node vote on which to accept, should mitigate or solve the issue. However, I would need to work out more thoroughly.

HSuke

Interesting. I didn't realize you could buy CS:GO items via crypto. Yeah, onboarding/offboarding crypto can be a pain, especially if you don't already have an account established. 1. Taking 6-48 hours for initial KYC is common for exchanges 1. If you paid $5 in fees, you probably didn't enable ActiveTrader: https://www.gemini.com/activetrader . ActiveTrader maker/taker fees are 0.2%/0.4%. 1. 10 day withdrawal for deposits is fairly common for every exchange. If you $x worth of crypto in your account on day Y, you can withdraw $x worth of crypto on day Y+10.

jaxxon

16 years ago, I capitalized Internet just like everyone else at the time and Onused LaTex because I was a CS geek. I’m American. 🤷‍♂️

AllCapNoBrake

My Venmo Credit Card did just that. Gave me cash back rewards via BTC deposits. It worked great....until it didn't. Had moved just over .3 BTC from Venmo (obviously not all cash back, but a mixture of my buying BTC and their cash back BTC rewards) to my cold storage. So from same address to same address. One day I tried to move a large chunk to cold storage and NOPE. Venmo flagged my account. Contacted CS and they said there was nothing they could do about it that the system could keep me from moving my BTC to cold storage for 30 mins or 3 months...or NEVER allow me to move it and there was no override available to them. My only option was to keep it with them, or sell for USD and transfer the USD to my bank account. I paid over $1100 in fees to sell my BTC and move the money to my bank account. I always promoted Venmo because of how easy it was to use them for banking, CC, and buying/moving BTC. Nope, never again. PS...PayPal owns them, which could explain a lot.

AllCapNoBrake

I used the Venmo CC 100% of my daily spend w/ cash rewards buying BTC...until one day, Venmo wouldn't let me send my BTC to my cold storage and their CS told me they have no idea when their systems would allow me to. Once flagged, it could take 30 mins to allow me to send it, or 3 months....or never. So I immediately sold what I had with them for USD and never looked back. Not your keys, not your cheese.

DeliciousD

The only NFT I’ll continue to buy is CS skins.

Last_Explanation9105

Must have skill for a major in CS is use of google search and ChatGPT.

phoggey

You just said, no they didn't, yet everything I said was accurate except for the song and dance for the reporter. I've actually seen the tent and been inside and watched the process, which if you truly believe it goes like how this reporter says it went.. _every time_ .., then you probably think no one has ever spit in your food before or your wife actually orgasms. There were 3 guys who did that generation of keys (when I was there), part of the keys team. They in general gave zero fucks about anything and just felt important and happy their job was safe while layoffs and shit went on around them. They mad masters degrees in CS/cryptology, but were NOT security experts. They broke up the private keys and put them on QR codes for only a few customers, in general it was zip drive back and forth without even printing and no destroying the computer.

only_merit

> But how its possible? What you entered was a valid mnemonic, so it was accepted. > By this way when you randomly input 12 seeds electrum recovery a wallet?! Not all combinations are wallet. There is a checksum at the end. In 12 words variation the checksum is very short (see https://bips.dev/39/ Generating the mnemonic table, CS column - just 4 bits - 1 in 16 combinations is valid), so it's possible to randomly find a valid combination. If you used 24 words, it would be a bit harder (8 bits -> only 1 in 256 combinations is valid).

Longjumping_File_756

Giving up mining on my computer (rate of 1-2 bitcoin/week) back in 2010/11 because I couldn’t play CS:S and mine at the same time.

Glass-Cranker

Do not do this. Exchanges are not self-custody and can steal your assets. r/coinbase, for instance, is loaded with people who have been locked out of their account. You are on the right track not using an exchange. Banxa is fine to on-ramp . I’m not sure how to resolve the birthdate issue, though. Call their CS.

AvatarOfMomus

You don't understand what I mean by "excessively". Those games run a steady stream of useful but not overly valuable rewards along the path to the really good stuff because it keeps players engaged. The TLDR here, because I did go on a bit, is that for any of these items to have significant value you're talking about a grind worse than any main stream MMO by an order of magnitude. Think 'uber-predatory mobile game' as a baseline, and probably worse. Anyways... In an MMO almost no items have any real world value, even if it could be traded for real money without a potential ban. The stuff that might have some real money value is almost always account bound, and even then it would (and does, when people find ways to sell it) only sell for a few tens of dollars in exchange for several hours of work, and that's at best. Then the value dies when the new best thing appears after a new patch with a level cap increase or some such. If you want to market a game as letting you "own your items" then they probably need to not be invalid and worthless in six months. If you want a game to be realistically "play to earn", as in make more than a few cents per hour, then items need to be valuable, which means they need to be *scarse*. What all of this boils down to is that the main thing someone buying an item off someone else is paying to do is save time grinding for that item. The value they're willing to pay is based on the usefulness of the item and the time required to get it. This means that for anything to sell for any appreciable value it's going to take *tens of hours* to get anything good. Oh, and the "pay" per hour is still likely to be only a few dollars, because the vast majority of people won't pay huge sums to save time in a hobby. For a real life example of what it looks like when a game has reasonable drop rates and items can be sold look at the average price of TF2 or CS:GO items. There are some things worth decent amounts, but they're insanely rare. Everything else is worth pennies, and the only people "playing" to make money are or were running bots and not actually playing. Eve Online offers a similar dynamic, but with no way to cash items out of the game, and even with basically everything you can buy in the game being a consumable the price of "gear" is still in the low dollar ranges for anything but the most blinged-out and/or biggest ships. When sold for real money on RMT markets in-game currency goes for drastically less than it does bought legitimately, so even then back-converting reduces things to cents of earnings per 'player', and again most of that RMT is done with bots.

Hungry-Class9806

I remember World Of Warcraft did something similar when people were able to exchange in-game currency or rare items for real money. Also CS players were able to sell their weapon skins for money. Even today's games... wouldn't be great if players could earn real money by farming and selling in-game currency or NFTs and the company would get a small part of the cut (like some web3 gaming projects doing right now with transactions)? I definitely see a lot of potential for NFT in games.

generateduser29128

CS students who thought it'd be fun to mine magic internet money on their gaming rig.

shico12

CS:GO skins sell regularly for 5 figures up. So YOUUU don't want to pay for content that isn't included in the game, which is fine. Let other people spend their money how they want to.

reticulatedjig

It's a solution for a non existent problem. People buy and trade and sell CS skins right now, without valve built in NFTs.

HSuke

ZKPs are special, but they're not crypto-specific. They've existed for a long time. zk-Snarks are crypto-specific and very useful for compressing proofs. You can use them for L2 rollups and self-rollups that can be used for L1 compression. Ethereum is using it to develop thin clients, and other blockchains like Algorand are using for their light clients/State proofs to further compress L1. I would consider zk-Snarks to be the most important recent innovation of crypto besides the invention of CS and CP Automated Money Makers.

Somebody__Online

Applies to my house too, is that a security? How about my retro air Jorden’s? Ok let’s keep it digital, is my CS2 AK47 skin a security? It’s worth way more than I payed for it years ago and I can sell it

Dadsaster

Saylor Academy has CS120 Bitcoin for Developers and PRDV151 Bitcoin for Everybody

LemonsDew

I think it more as a barter, I have electric coins, you have paper. Doesn’t help if you need to make major purchases due to unavailability to prove income. If you are trying to put the money in your bank account I would say that would be fraud. This is more evasion. But still illegal I suppose. Can’t be deposited but just to pay for groceries etc. you could theoretically transfer you bitcoin from a ledger to a gaming site for example buying CS:GO gun skins on a p2p marketplace. Straight Bitcoin. This doesn’t involve tax. Then sell them for USD but not sure where this lines up with tax or profits as this would be the same as selling something on FB marketplace. But through all the headache it’s worth just doing a 1099k declare your profits and pay capital gains allowing you to sleep better at night.

RBTropical

The mailer is legit. It’s promotional material. The Coinbase CS is wrong - and notoriously useless.

Clearly_Ryan

Hey, quant investor here. Retired at the age of 27 with dual degrees in CS and economics. Don't do what I did and tell people about Bitcoin. Seriously. That's all people ever know me by. I've basically turned every family and friend I know into seeing me as "that weird Bitcoin guy who got lucky." Every single person is waiting for me to lose it all, waiting for Bitcoin to fail, waiting for governments to ban it to say haha they were right. I'm a multimillionaire traveling the world, and they still ask me when I'm going to get a job because one day Bitcoin won't work. Just keep quiet and stack your coins - everyone is eyeballing my stash because I didn't keep my big mouth shut 4 years ago. 

viewmodeonly

Selling my CS skins for some extra sats.

Diligent_Property_39

Calm down boys the story is fake. Was just some nerds playing CS over Lan 3 weeks long.

bigbadhonda

>a mathematics and engineering problem that humans have toiled over for millennia (the Byzantine Generals Problem). >>It's not really either one of those. Listen to this poster. The Byzantine General's problem is a CS thought experiment from the 1980s!

jnellie100

It appears you have given this a lot of thought and are quite knowledgeable about Bitcoin. I have a few questions if you wouldn’t mind taking the time to share your opinion? 1) approximate cost to set up a cold storage wallet? 2) Cold versus warm? 3) a reputable cold storage source? 4) what is a hardware device? 5) why don’t I need to worry about the CS provider scam or bankruptcy? 6) is a transfer from Robinhood to CS a taxable event? Maybe easier for you is 7) can you recommend a trustworthy source of information to do my own Due?

cH3x

People absolutely love spending time in such virtual worlds as Roblox, EVE Online, CS:GO, Fortnite, Call of Duty, etc. While they all have mechanisms for spending real-life money for in-game assets, only a few allow one to sell in-game assets for real-life money (and some don't even allow one to sell in-game assets for in-game money). Crypto-enabling those games would mean the ability to profit from the time one spends to e.g. earn, loot, or craft a legendary item by trading it to someone else in exchange for crypto. Players already do this sometimes even when it violates their EULA via shady websites, but typically the sites are game-specific. Some sites allow players to buy and sell assets from different platforms. Game designers might prefer some measure of in-game economic control by creating cryptocurrencies for use both in and out of the game, allowing them to track transactions.

Njaa

> God people are stupid. You're not the only person in the world with a CS degree, but thanks for letting me know your opinion is worthless.

Clearly_Ryan

Miners don't decide what Bitcoin is, the free market does. BCash is an example of miners and market participants in an alternative system being punished, heavily, for dissenting. The upkeep cost of Bitcoin is again what the free market decides. It has that cost because the market is willing to tolerate. Bitcoin ran on a single computer for months without issue, the cost is adjustable and always finds equilibrium.  Energy cost to mine Bitcoin at scale goes to zero in the long term. Stranded energy that has zero worth on the market keeps the hashing going. And anyone that wants to compete with 100% of the world's stranded energy being used to mine Bitcoin can go ahead and do that. Propaganda? It is literally baked in code lol. I have a CS degree and read the whole thing myself, please go to a library and study what you're preaching first. Flaws... then go ahead and ignore it. Nobody forces you to buy Bitcoin, nobody forces the miners to mine Bitcoin, and nobody forces 1.3 trillion in market capitalization power to be stored in Bitcoin. Ignore it and find something else to store your wealth in.

getzumm

Live chat doesn't work as they just refer me to the email chain and say I already have a ticket open. Problem is the CS behind the email has no intent on helping or listening. Eventually they just set an automated spam response. Scammy af. I strongly advise you do not interact with the Bitrue exchange.

Any_Brother2570

Also Im on hold as well with Bitcoin CS. I suspect until I die...hopefully they just keep working on increasing the price!!!

Ok_Way_8692

Your forgot the worse of the worse Karmala Harris the CS queen of the democrat party.

flog_fr

I work in CS. We have seen much larger fiasco, and none of them moved toward more decentralization. I'm just happy to see that the Bitcoin protocol is reliable.

thomas_grimjaw

It's a failure and always will be. Games thrive when their gameplay is strong. Blockchain doesn't add to that or sometimes even hinders it. Economic incentives in games are pointless without appealing gameplay, and even then mostly unnecessary. People don't play CS GO for skins, they play it for the game, everything else is just a bonus.

ChonsonPapa

I really appreciate your input on this so thank you! If you want my opinion on CrowdStrike, it was done purposefully for reasons most would call me crazy for so I wont divulge too much. But there were $2.7 trillion dollars worth of options expiring that day (most in history) and $555 Billion of it was specifically in GameStop stock. Call me tin foily but this CS “accident” bought Wall Scum more time before inevitable market implosion thanks to no regulation by SEC and insane greed/bad bets.

Clearly_Ryan

Read two dozen books bought on Amazon about Bitcoin and modern currencies with a dual degree in CS and economics. 3.7 GPA top 30 US university with 2 financial analyst internships (energy options trading and supply chain auditing) and a financial consultant career out of college. I live and breathe my work so deeply I worked myself out of it, thanks. 

throwaway50cent_

I sold over $100 worth of CS:GO skins via bitcoin I accept/use BTC as a payment option for digital products and services I sell, as well as for such that I buy

Active_Estimate_2598

Where did you go to school? Was it a top 5 CS program? If not, fuck off

frenchmisery

Crypto gaming needs a classic game where you don't need tokens, but in-game items that become NFTs. Crypto gaming will only be successful if the mindset shifts from earning money to enjoying the game while earning from drops. For example, in CS2, people have fun while also getting cases. The major problem with crypto gaming has always been the focus on earning money, regardless of whether players enjoy the game.

ThoughtsObligations

CS skins, TF2 hats, all of these prove at least the tangibility of the concept. The biggest issue is universality. Is there a huge point of putting them on the block chain if enough games don't play along?

StevenSeagal12345

Look at CS:GO and Steam market. Basically NFT's in a nutshell but on Valve's server.

beyondtherapy

Thats been my experience with them as well. I had 6 miners with them too for also about the same time frame as you. It took them about 7 months to even get online from date of purchase, but granted it was tail end of last bull run and availability was low and demand sky high. Since then there have been less than consistent uptime, and encountered many issues you described. I also had a miner "break" and they suggested either shipping it to Bitmain for repair which they estimated would take 6 months, or pay them $500 to repair the unit in 2 weeks. Customer service is non-existent. When I originally bought the units, everyone had a customer rep assigned to them, however the company grew way too fast without proper infrastructure and now their CS takes weeks or months to get back to you. My contracts with them renew in May, they chose not to renew 2 of my units with no reason given. The other four, despite being exact same units, got renewed no problem. For non-renewed, they gave options of shipping the miners to me at a cost of approx $600/miner or retiring them. They did offer $1000 credit towards a purchase of a new S21 for each miner I chose to retire. Overall, when the service works, its great. Very hands off and set it and forget it type. But problem is company sucks and grew way too fast for their own good without ability to maintain...well anything really. Its been a fun experiment, but I certainly wont be renewing anymore contracts with them once the current ones expire, by that point the machines will be a write off anyway.

AgeSad

Indie games don't use crypto at all... nft are just gritting and nothing else, it's pure garbage and is totaly unless. CS go has a store and don't need this shit. There isn't a single good game or even played game that use NFT. They try to add crypto in eve online, and guess what ? The whole community rejected it so hard the canceled the whole thing. Rral player don't want it and see no advantage in it.

WeIsStonedImmaculate

This doesn’t sound good for people with a CoinStats wallet. From this it seems “connected” wallets were not affected but CS wallets have been. The attack has been mitigated, and we have temporarily shut down the application to isolate the security incident. 1. None of the connected wallets and CEXes were impacted. 2. Thanks to the immediate incident reponse from the CoinStats team, only 1.3% of all CoinStats Wallets were affected, totaling 1,590 wallets. The list might change as the investigation is ongoing but we don’t expect significant changes. 3. If your wallet address is in this affected list, please move your funds immediately using your exported private key (if you have exported previously): https://docs.google.com/spreadsheets/d/1Lwxpy2T6W7aptjBJUio0Z01zihsqknXn6KPhzawQLVI/ 4. We are actively investigating the extent of funds moved and will provide updates as soon as they become available.

Backrus

Kraken EU has been my preferred off-ramp for over 4 years (money via SEPA is in my bank the same day). My US company also uses Kraken as on- / off-ramp. I used Coinbase before but stopped after they stopped feeless trading on Coinbase Pro about 5-6 years ago. I have Binance (international), Coinbase and Kraken (and also Bybit, Woo, Mexc, etc for shitcoin gambling), every one since its inception. You can't beat Binance when it comes to trading with real size (coz fees and discounts) but for fiat-related stuff when you often need to talk with a real person from CS, Kraken is goated - doesn't matter if you're VIP with size (US experience) or just a regular folk (private EU account) - never had a problem with 6-digit deposits/withdrawals.

Simke11

Anyone looking at IO? Looks like Render competitor, but low CS of only 11% is off putting. There will be monthly unlocks until 2028.

C-Class_hero_Satoru

Don't be naive, neither bitcoin nor alts are not going to replace Fiat, banks would never let that to happen. Etfs are approved because banks want to get more control via btc and alts. Now it's just another asset class. Also Bitcoin is good store of value, but not good for everyday transactions, because fees are high and speed is slow. For example in European Union we have instant SEPA transactions - I can send my money to my friend in 10 seconds and for free. Talking about alts, they missed the most important nyche - they had opportunity to replace in-game transactions. For example skins in Fortnite, Dota, CS could be sold for community token, but big game developers prefer real cash monetisation, so what are we talking about? Even reddit doesn't want to have community token. If community token is rejected everywhere, how can it replace Fiat? We should start from something simple, like meal vouchers at your employer

puddingboofer

What's CS?

CoffeeAlternative647

Coinbase have 100% the best interface, but worst CS. They may be the most crypto aligned but are for sure the worst trader aligned cex.

---CS---

You sly sob, I see what you did here. Gj man. I'm long since the macro bottom and I'm kinda lax with the sentiment read lately but I get you https://twitter.com/Trader__CS/status/1753119282152796361/photo/1