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If it’s NOT verifiable on the blockchain it’s NOT Bitcoin.
You're right that the exit is where the money is made, NOT the entry. $250k is quite a stretch goal IMO.
Yeah, no, not necessarily. BTC has had 10% mood swings during and NOT during macro events too many in fact correlation doesn't always equal causation here.
Must be turned into Google Play Cards immediately. BUT DO NOT REDEEM
I'm clearly in the minority in this sub as I'm pro loan-to-buy-bitcoin. But I'm NOT pro loan-to-*trade*\-bitcoin.
Energy FUD has been so thoroughly debunked and destroyed. It's funny the complete opposite of what they were saying is true, NOT mining bitcoin is the real waste of energy.
0.2mm is NOT easy to wipe out. SeedHammer doesn’t do more as far as I know and is regarded as safe enough.
i've been in crypto for about 5 years now and I deeply regret that i didn't just buy bitcoin. I got in just as the 21 bull was starting and it seemed impossible to NOT make money. But of course, i didn't sell so i lost quite a lot. Luckily i switched focus and started buying btc regularly a while back. The fact is, the vast majority of people don't have the right mentality or indeed luck to make quick easy money in crypto...and the market is way over-saturated now with so many coins. Stick to bitcoin, buy when prices are down and fear is high and be patient. I would honestly just ignore the alts. Now is probably a good time to start buying btc, though of course we could go lower for a while.
Welcome aboard. We all have been where you're at right now. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://21vox.com/dca-calculator) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/app/](https://blockstream.com/app/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
If there was abundance for everyone then it wouldn’t matter if bitcoin plummeted; as you’d have your needs met. But I’d put money on there NOT being abundance for everyone.
> Expectations of high inflation absolutely drive inflation higher Sure, but that's not the only source of inflation. Controlling *expectations* does NOT mean inflation is actually under control. Take all the time you need with that.
The simplest and most obvious argument right now: why would I buy and hold a speculative digital currency that’s pretty clearly NOT a store of value when I can buy about 90% of other assets in existence and outperform it over a 4-5 year time period?
Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/app/](https://blockstream.com/app/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
>Is it time to buy Bitcoin? Is it time to plant a tree? The answer is obvious. >suggest promising assets similar to Bitcoin. There's none. >Share some advice Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/app/](https://blockstream.com/app/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
Needed an emergency top up of under $100, so I had to pay the 20% at a CoinFlip ATM. First message you get AFTER your buy is: PLEASE NOTE THAT YOUR PURCHASE MAY NOT BE SENT IMMEDIATELY FOR SECURITY/CONSUMER PROTECTION REASONS. No idea if/when they will ever send me my BTC
DO NOT RESPOND TO ANY DMS, \*NO MATTER WHAT\* Contact customer service from the app
This is how I know we’re onto a whole new generation of hodlers. I remember when Cryptonick was big in 2017 and had the huge controversy. That was a lesson for a lot of people NOT to listen to YouTubers.
You didn't refute anything. You just made broad statements that aren't backed by anything but your own ignorance. "Capitalism isn't tied to Industrialisation, imperialism, colonialism hence why they are different terms for different things." \>>> You are categorically false. Industrialization, imperialism, and colonialism were manifestations of capitalism. No amount of stomping your feet and saying words without any argument will change the truth. Industrialization was WHAT? The utilization of labor to produce goods EN MASS FOR WHAT???? PROFIT! Imperialism and colonialism was WHAT? The invasion and subjugation of other peoples and lands and resources FOR WHAT???? PROFIT! It is such a dumb thing to dismiss the manifestations of capitalism that were brought about by capitalism to not be tied to capitalism because you deem it to be another term than capitalism LMFAO. That is like saying GULAGS, or CENTRAL PLANNING aren't tied to communism hence why they are different terms for different things. Stupid logic. "Capitalism is also not the creator of slavery, sadly that practice goes back through everyone's history." \>>> Nobody made that claim lmao. I just pointed out that the Transatlantic Slave Trade was motivated by PROFIT and it furthered my claim that capitalism has NO CONSCIENCE. "What is an interesting fact is that The Brits are the first nation to abolish slavery and try to stop the slave trade globally. I didn't see a non Western, socialist country do that. Because at the time, everyone was taking part in it and slavery was a stain on all of human existence, not just the west." \>>> They had a world wide empire that subjugated people under the boot of British law. Who cares if they abolished slavery. They were slaughtering and plundering the ENTIRE world when they abolished slavery. Are you MAD? Socialism wasn't even a thing on the world stage until the 1919 When Lenin overthrew the Russian monarchs....WHO HAD SERFS and abolished Serfdom. Slavery was pretty much abolished everywhere before the first socialist country emerged. What are you talking about? "I would expect that illness is the biggest killer of humans yearly that's always been the case, that's nothing new. it's estimated that 80-150 million people died from communism by the way, since you refuse to deal with that number. I would also add by any metric in the last 20 years, hunger and preventable illnesses are going downward, regardless of the uptrend of populations. I guess capitalism is blamed for the bad, it has to be blamed for the good right?" \>>> Yea communism is terrible 150 million people dying is horrible. Capitalism kills that much in 15 years AND YOU DONT CARE. This is projection on your part. You are displaying the same lack of conscience as Stalin did lmao...you share the logic of a tyrant by dismissing the deaths of those who die to needless hunger and preventable diseases...YOU ARE REFUSING to own up to this. You just keep pretending that science getting better is somehow capitalism when that is not the case lol. "It's estimated in the last twenty years, infant mortality rate for under 5's globally halved and The percentage of undernourished people globally by half as well to around 9%. Which is still too high, but it's an improvement. I wonder if communism had anything to do with that?" \>>> THAT IS SCIENCE NOT CAPITALISM. And even if you take the statistics at face value and want to attribute scientific advancements to economics KNOW THIS....The biggest driver of improvements of the standards of living for people ON EARTH over the past 50 years IS drum roll please..............................CHINA! "Was communism giving out food and vaccines to the underdeveloped nations? I must have missed that one, oh that's right it wasn't happening. So you have one system that has issues and does some good and one that does only evil. I know which one is winning. You can't look at one side of the stats without looking at the improvement." \>>> So lets break this down....read this to yourself to see how funny you sound...it is a communists fault...for not FEEDING and TREATING the DISEASE....IN A POOR CAPITALIST COUNTRY...THAT WITHHOLDS FOOD AND MEDICINE...FROM ITS OWN PEOPLE...........It's not the fault of that countries capitalist policies for letting companies withhold food and life saving medice................ITS THE FAULT OF A COMMUNIST COUNTRY FOR not SAVING THE WORLD FROM CAPITALISM...........you are unserious. "I hold socialism accountable for those deaths because those deaths were attributed to a specific ideology of socialism. Any one can look back and see that as soon as a communist gets into power, death and societal collapse follows." \>>> I would respect that if you were intellectually consistent and THEN HOLD CAPITALISM accountable for the deaths of 10 million people a year for withholding food and medicine from starving and sick people because they want to make a profit. You don't because you have an unserious intellectual position which is dishonest and rife with cognitive dissonance. 5) You argued that socialism has morals, which has single handedly lead to deaths of millions with nothing to show for it. \>>> Socialism IS LITERALLY based on morals. "Equality" "No exploitation of the worker.", "Everyone should have food." "No one should be subjugated to a landlord, employer, or bank." You can argue the IMPLEMENTATION of the system has been flawed and produced immoral results (as you can capitalism) but you cant say that it isn't based on morals "By your writing, I'm guessing you are a young, stupid American who has never visited a former Communist country or talked to anyone who went through it. Hence why you are so blinded by ideology." \>>> I hate communism. Come back when you have an actual intellectual position that can stand up to the scrutiny of someone that actually understands economic and political theory. You are unserious bro.
It's AI. Karma farmer. Here's my version. Please give me all the updoots. Post Title: I AM LITERALLY SCREAMING RIGHT NOW!!! FOUND MY 150 BTC WALLET IN A BOX OF LITERAL TRASH!!!! Subreddit: r/Bitcoin Posted by: u/DiamondHandsHODL69 GUYS. GUYS. GUYS. I am literally shaking, crying, throwing up, and doing backflips in my mom's basement right now. You are NOT going to believe this absolute brain-dead luck I just had. THE BACKSTORY (I am a certified moron): So back in 2013, I was high on caffeine and Mountain Dew and bought like 150 Bitcoin because I thought the logo looked like a cool gold coin from Mario. I think I paid like $100 for the whole lot? Anyway, I put it on this crusty-ass 200GB hard drive and—because I am a literal genius—I encrypted it with a password that was just the lyrics to "All Star" by Smash Mouth but with numbers for the vowels. Fast forward: I forgot which vowels I swapped. I tried 4llSt4r... nothing. I tried 3llSt3r... nothing. I figured I was doomed to be a wagie forever. I threw the drive into my "Box of Shame" which is mostly just broken GameCube controllers, half-eaten beef jerky, and old Shrek DVDs. THE MIRACLE: I’m "cleaning" today (aka my mom threatened to evict me if I didn't find the floor), and I find the drive. It’s covered in mystery goo. I plug it in, and it’s making a sound like a cat in a blender. I’m clicking around, crying because I can't remember if I used a 5 or an S. Then, I find an old, grease-stained Taco Bell receipt from November 2013 tucked inside a copy of Guns & Ammo. THE REVEAL: On the back of the receipt, written in CRAYON (because I couldn't find a pen), is a 24-word seed phrase. But get this—because I was "super into spy stuff" back then, I didn't write the words. I wrote the page numbers and word counts from a 2012 Sears Catalog. I actually still had the catalog under my bed (don't ask why). I spent four hours flipping through pages of lawnmowers and denim jeans to find the words. Toaster Cargo Pants... you get the idea. THE PAYOUT: I just typed those 24 stupid words into a new wallet. I didn't even need the Smash Mouth password. BALANCE: 150.00000000 BTC CURRENT VALUE: $4,215,675.69 I am officially a multi-millionaire because I was too lazy to throw away a Sears Catalog and a Taco Bell receipt for ten years. I am currently eating a cold Burrito Supreme to celebrate. TL;DR: I’m a billionaire (basically) because of Shrek, Sears, and Taco Bell. See ya later, losers! I’m buying a private island shaped like a Dogecoin! 🚀🚀🚀🌕🌕🌕 Would you like me to add some "angry jealous redditor" comments to really capture the vibe?
Welcome aboard. We all have been where you're at right now. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/app/](https://blockstream.com/app/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
>Can you guys convince me to buy bitcoin? No, mate. That is your job. In case you're willing to stick around, read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/app/](https://blockstream.com/app/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
Welcome aboard. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/app/](https://blockstream.com/app/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
Markets hate uncertainty. The stock market sells off and in general the crypto market follows. Bitcoin and indeed crypto does NOT seem to be a value save haven against geopolitical and economic crisis (at least not yet)
More than 1 coin was "stolen" from me because I had mine on an exchange and they went bankrupt. Apparently, if it was on their exchange, it was NOT MINE... and the courts agreed. NOT YOUR KEYS, NOT YOUR CRYPTO. cold storage is the only way to proceed.
I’ve been looking at token supply mechanics lately (burns, emissions, “real yield”, etc.) and trying to separate marketing from things you can actually verify on-chain. I stumbled onto [Datamine Network](https://datamine.base44.app/) (DAM / FLUX) and I’m mostly confused why it’s not discussed more. **Here’s what I \*think\* I’ve confirmed from their docs / repos:** \- The project dates back to mid‑2020 (FLUX minting is described as starting around June 2020). \- Token design is (at least originally) dual-token: • DAM = base token with an effective capped supply around \~16.876M (their docs mention it was deployed with 25M and a large portion was burned, leaving \~16.876M as the “cap”). • FLUX = minted when DAM is locked (validator-style), and burning FLUX can increase a user’s minting multiplier (so burn is “incentivized,” not just a passive fee burn). \- There’s also an Arbitrum side: • ArbiFLUX exists on Arbitrum (I see an Arbiscan-verified contract; looks like it was verified in Oct 2021). • LOCK (“Lockquidity”) is minted by locking ArbiFLUX. One important nuance from their dashboard docs: burning LOCK is described as redirecting value to the liquidity pool (not necessarily reducing supply like a typical burn). So it’s more like “liquidity reinforcement” than pure deflation. **Audits / security claims:** \- SlowMist audit PDFs exist for both DAM and FLUX (both show a “Passed” result in the audit report). Their community site says the audits were community-funded. **What I’m NOT sure about / where I want outside eyes:** \- I keep seeing claims like “negative inflation” or “huge % of minted supply burned.” Their own pitch deck claims >50% of minted supply has been burned, but I haven’t independently reproduced a clean minted-vs-burned time series. If anyone has a Dune query / reliable method, I’d love to see it. \- Liquidity is still relatively small, which makes any “tokenomics works!” claim harder to interpret (small pools are easy to move). **Questions for anyone who’s looked deeper:** 1. What’s the best way to verify net issuance over time (minted - burned) for FLUX/ArbiFLUX/LOCK without trusting their UI? 2. Does the “burn to earn a higher mint rate” mechanic create any perverse incentives or attack surfaces at low liquidity / low validator count? 3. Any thoughtful comparison between Datamine-style incentivized burn vs ETH’s EIP-1559 (passive burn from usage)? 4. Does the 4-token architecture (DAM → FLUX → ArbiFLUX → LOCK) meaningfully add utility, or is it mostly complexity? Not affiliated, not a buy recommendation, just trying to figure out whether this is interesting engineering/tokenomics or just a niche project with good copy.
experienced investors have been using loans (LOANS NOT MARGIN) to increase their buying power for a very very long time.
This is a very big deal in the evolution of acceptance. Saylor is absolutely correct - - it is either going to zero or a million in the next 5 to 10 years. However, that doesn't mean I don't wake up in the middle of the night and wonder if all that money of mine will be gone soon. Being inflation-proof is one of the most important points to me as a holder. Honestly, I'd like it to NOT start moving up dramatically for a few years so I can put more money in.
Whatever you get, make sure it's bitcoin only and open source - coldcard, Jade, Passport, Bitbox, or Seedsigner are good options. Bitcoin only firmware is more secure because it has much lower attack surface than wallets that support a bunch of different alt coins. Open source ensures the community can verify it is secure and isn't doing something shady. Do NOT order from a 3rd party like amazon. Order directly from the manufacturer's website. These companies have developed a secure chain of custody to ensure your wallet has not been tampered with before it gets to you. Check out BTCSessions on YT for tutorials on setting up pretty much every wallet.
That’s the whole thing. If sats are held in the blockchain, then anything that’s NOT on the blockchain isn’t real Bitcoin. Exchanges, ETF’s and custodians “holding” anyone’s coin… Bitcoin without the blockchain isn’t Bitcoin.
DO NOT GIVE THIS SCAMMER ANY OF YOUR INFO. Interacting with u/Wise_Brawn will NOT end well.
In economic terms, a daily 10% drop is why is definitely NOT known as a micro movement.
Correct, wealthy individuals that utilize absolutely bonkers loopholes to pay as least amount of taxes as possible. That issue needs to be figured out, but taxing unrealized gains is NOT the way. Taxing wealthy individuals who report zero income, but basically live off loans and other vehicles tied to unsold crypto, stocks etc...that needs some work. Its sad that people making under 100k can be taxed a large chunk of their income 0-22%, but wealthy people end up paying fractions of that. Single digits often. Theres no reason for any individual to amass trillions of dollars, or even billions IMHO.
>hold out until I almost double my money You'll regret this part in the future. >If anybody has any advice for noobies, I am all ears! Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/app/](https://blockstream.com/app/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
Actually, the bottom usually comes when everyone thinks it's NOT going much lower or can't possibly go much lower. Just like right now...
I did a solid year from nov 24 to nov 25. Then I saw it getting a little inflated and sat in the sidelines for a bit. Ended up cutting my position in half at 105k. Did NOT anticipate what happened earlier this year. I was just wanting to get some chips off the table. But now I am buying again lol.
and even core developers who was in bitcoin very early didn't accumulate enough bitcoins to NOT take money from Epstein ;)
Bitcoin will be dead when everybody and I mean EVERYBODY sells their holdings Until then, BUY, BUY, HODL, RINSE AND REPEAT!! 😎👍🏻🍻 (Wash ONLY in cold water on gentle cycle, do not bleach, Do NOT tumble dry, COOL IRON only)
The black hats are pros at this. It is clear to me that the “4 year cycle” has nothing to do with the BTC supply side anymore - and everything to do with pump and dump style manipulation. They’re playing us all - retail and OG holders alike. That’s why “this time is NOT different”. They prey on 100% predictable human nature to shake down over-extended retail and squeeze out every last drop. That said, I’ve said before that I’d fucking love to see a WSB style short squeeze on MSTR or BTC.
It is simple already. The main issues are the UX is not simple. We have no POS (point of sale) terminals to simply scan a QR code or "tap" to pay at stores. Most online stores don't accept crypto. Here's my analogy for how simple it is. Our grandparents/parents literally used to go to apple stores to learrn how to use the iphone.......while we use it with ease with no1 teaching us. Traditional banking is just as complicated as crypto (for transfers). Routing number, account number, credit cards, debit card numbers, pins, 2fa, exp dates, email, password, etc. Crypto is account ID. The MAIN issue.... Is privacy. We need to be able to spend money privately. Businesses will NOT adopt crypto until this is a reality
You seem to think I’m making statements. I’m not. I’m asking you questions, because I’m curious to understand how your mind works. You are someone who found a thing that is primarily marketed as “savings technology”. However, your argument is that using this thing to make money (i.e. as a savings technology) does NOT constitute a “use” of that thing. So now you are arguing that it is NOT in fact a savings technology, but that still doesn’t answer the question: “why is using bitcoin as a savings technology (even if you think it isn’t one) NOT considered a use of bitcoin?”
I'm from the future, Bitcoin hits $1 milion by 2030 DO NOT SELL
Inflation is NOT 10%. Monetary debasement. It is added on top of inflation. What I said is 100% accurate.
Sorry my dude but historically this would be the worst time to sell. It's akin to NOT buying at the best time.
OK send cash my mail. LOL The only is risk is NOT just the sending of the cash in the mail. Using an exchange and having a bank card is not an disadvantage. All adults have them. Why people like to play life on hard mode I will never know.
Coinbase robinhood then transfer to phantom or any good wallet there are tons I just like phantom if u wanna be really secure buy a cold storage OFF OF THERE WEBSITE NOT AMAZON
Post is by: Leafward1 and the url/text [ ](https://goo.gl/GP6ppk)is: https://x.com/defitracer/status/2025886288604549600?s%3D12%26t%3DIDuDvFDSV_L-jkiQcYfzzw 🚨 BREAKING: VITALIK BUTERIN JUST STARTED DUMPING ETHEREUM HE IS NON-STOP SELLING MILLIONS OF $ETH EVERY FEW MINUTES THIS IS NOT GOOD FOR ETH... *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
Let me help with some financial literacy since you seem to be confused what real world financial products are and you show me how many of these products the "DeFi" meme narrative offers. **Real World Financial Products** - **Checking accounts** - for everyday daily activities for paying bills, debit cards, ATMs - **Savings accounts** - for storing money that is GUARANTEED by the government for up to $250K - **Certificates of Deposits** - GUARANTEED fixed interest. - **IRA** - Tax advantaged or 100% tax free (Roth) retirement accounts - **Brokerage accounts** - Access to investment products including stocks, bonds, REITS (Real Estate Investment Trusts) - **Personal Loans, Home Loans, Mortgages, Home Equity Loans, etc** - **Home Owners Insurance, Auto Insurance, Life Insurance, etc** - **Small Business Loans, Commercial Loans** **DEFI - Bullshit scam narrative from the Summer of 2020** - Essentially a Shitcoin Casino. Leveraged plays, trading shitcoin tokens, earning yield on shitcoin tokens by providing liquidity on shitcoin tokens which all drop 70%-99% when BTC goes into a bear market. NOT FINANCE in ANY WAY - Every player like, MakerDAO, AAVE, LINK etc, is COMPLETELY CENTRALIZED - There are NO real life financial products like life, home, health insurance, mortgages, home equity loans, car loans, personal loans without massive collateral, commercial loans, etc. Again, shitcoin trading, yield farming, etc. NOT FINANCE in ANY WAY - Then you slap some scamified metrics like TVL based on scam tokens locked up to make gullible fools believe real capital is locked up instead of vaporware scam tokens.
Already is via Lightning payments, look at Steak & Shake. Is volatile because is NOT widely accepted as a currency yet, it's in the store of value process, we will get there but for now is best to buy and hold, just like the Romans were buying al holding good gold coins that were not mixed with other trash metals when emperors devalued the money to fund wars, people didn't use those coins they accepted & hold to them, this is what is happening to Bitcoin right now.
>Is there any good payment systems out there, ive seen bitpay but just wanted to ask here. I would avoid. https://www.trustpilot.com/review/bitpay.com Do it properly and use BtcPayServer. Any third party like bitpay/Conbase/PayPal will make sure the payments are NOT discrete at all.
I agree. I've watched wave after wave of suckers thinking any mention of downside is a "buy signal" and watched them get rekt repeatedly... Not over the course of a few weeks or months... I'm talking about the entire cycle... This cycle was NOT the same as previous cycles in fact if you are objective about it this cycle was the first one to confirm a terminal market cap until proven otherwise... You can't oscillate against an inflating dollar and think you're onto something that's just straight stupidity... You can't bet on a 10x when a whole cycle showed you that hasn't happened and the charts actually suggests continuous downside... In the entire cycle, BTC under permed gold and oscillated (at best) against it, while the rest of the market underpformerd almost any decent asset and oscillated against a devalued dollar, meaning ue it did indeed lose real value over an entire 4 year cycle... This is a confirmed pattern and would need to break ATH in market cap to be invalidated, but I'm sure Maxis and Moon Boys don't understand that it's possible for their little theories to have already been invalidated on multiple fronts.
Honor system unless you get audited. In the US at least. You self report your own cost-basis when the broker liquidating doesnt have one. If you want to turn BTC to fiat, you have to transfer it to an exchange like coinbase and sell it for CAD or USD. They are the entity that will transfer CAD/USD to a bank account. In the US, right around now, Coinbase issues tax docs. Some brokers will ask what your cost-basis was for coins transferred in, and you just type a number. If you do, that number is used on the tax statements. If not they issue you a statement showing a huge cap gain from a cost basis of $0. In the US, its still up to us to report that with our tax return, and when we do, we again have the option to add or change the cost basis. In the US, the IRS is less likely to audit you if you pick a reasonable cost basis and pay some tax. This is clearly NOT legal or even good advice, but it is true. If you get caught egregiously lying on a tax return (like saying you bought in at $120K and it's all a loss) you can go to prison, so dont, but the IRS was just gutted. US 2026 filings wont be reviewed until 2028 if ever, but if you are audited, If you bought in in 2015, the cost basis was under $500/btc, which is honestly so close to 0 - youre paying taxes on 14000% gains - that if you were trying to pay what you really owe its kinda pointless to care. The difference between a $0 and $500 cost basis is trivial when theres been 60K in appreciation beyond that. $3000 / $500 = 6BTC or now about $396K, of which $393K is cap gains. If you went with a cost basis of 0, and a tax rate of 24% youd pay $95,040, but if you use a $500 cost basis, it would drop to $94,320. That $700 difference is hardly worth the mental energy.
OP , you are talking about meme coins which majority of crypto investors are NOT in ….i been in crypto since 2013 and i put $10 once in a meme coin 2 years ago ……most people that are on pump fun and not serious investors in the crypto world as whole…its apple and oranges
Welcome aboard. We all have been where you're at right now. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/app/](https://blockstream.com/app/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
You're definitely a newbie to crypto. There's a lot of cryptos that can 100x some even 1000x. Bitcoin CAN NOT
It's not about giving up. To start making profit from crypto, you ust first NOT believe in it, it's the only way to make rational moves and make money on the back of others. It's all about making profit on the back of others, the sooner you understand that, the wealther you'll be.
DO NOT GO TO A CPA FIRST! Go to a lawyer first. With a lawyer you have attorney-client privilege. A CPA can run their mouth all they want and can report you if they want. I’m not saying you did anything illegal but it’s better to keep it confidential at least initially.
You should also consider NOT selling!!! A good CPA/tax attorney can help you identify ways to access money without selling your BTC. Just find one with confirmed knowledge of crypto and never give ANYONE (including the cpa/attorney your seed phase!!! If they ask, then you need a new one... who will pursue them for trying to scam you and to help you.)
RESPECT THE PUMP!!! HERE TO SUPPORT IVAN ALL FUDDERS ARE WRONG Ivan has the best community, I am in the livechat every day, it makes my day His paid programs are very good, I joined after jumping on a strategy. THEY DO NOT ALLOW EVERYONE!! they only allow people to join the paid program if they are sure they can help you I literally had to jump on a call with their team before they accepted me Which is great as they said their reputation hangs on my success, our incentives are aligned As real members of Ivans community already commented here - he called the crypto and precious metals top Meaning i saved most of my portfolio AND will be able to buy CHEAPCHEAPCHEAP before the next bull starts Without Ivan I would be 90% down at this point... I followed Raol Pal and he said "business cycle"; "globval M2"; "ISM" while Ivan said its all BULLSHIT and told everyone to sell THANK GOD I HAD BULLMANIA I would be so so so so REKT otherwise Sorry if this comment comes off as emotional... but I do get emotional thinking about going through another 1-2 years of pain holding losses. So yes I have a lot to thank Ivan for!
RESPECT THE PUMP!!! HERE TO SUPPORT IVAN ALL FUDDERS ARE WRONG Ivan has the best community, I am in the livechat every day, it makes my day His paid programs are very good, I joined after jumping on a strategy. THEY DO NOT ALLOW EVERYONE!! they only allow people to join the paid program if they are sure they can help you I literally had to jump on a call with their team before they accepted me Which is great as they said their reputation hangs on my success, our incentives are aligned As real members of Ivans community already commented here - he called the crypto and precious metals top Meaning i saved most of my portfolio AND will be able to buy CHEAPCHEAPCHEAP before the next bull starts Without Ivan I would be 90% down at this point... I followed Raol Pal and he said "business cycle"; "globval M2"; "ISM" while Ivan said its all BULLSHIT and told everyone to sell THANK GOD I HAD BULLMANIA I would be so so so so REKT otherwise Sorry if this comment comes off as emotional... but I do get emotional thinking about going through another 1-2 years of pain holding losses. So yes I have a lot to thank Ivan for!
bro you are a whale now, you have to be careful, DO NOT TELL ANYONE ABOUT YOUR BITCOIN!!! you may get targeted.
I would recommend going to a terminal like Jupiter, then verifying the coin on [rugcheck.xyz](http://rugcheck.xyz), then buy. DO NOT BUY MORE THAN $10 ON A SINGLE COIN.
>Big companies are doing it, countries are doing it. Why not legal entities for restaurant businesses? Big companies sold fiat shares, fiat investors wanted BEFORE they jumped into Bitcoin. Buying shares of a local restaurant, usually run by somebody who never done that before, is usually riskier than buying a random shitcoin, 12 year old created on their phone app. >Dca'ing monthly profits to paying back and sharing profit with investors.. I don't know. What is the catch here? >Would you consider investing? Absolutely NOT. I prefer DCA & HODL on my own, than a ~~Nigerian Prince~~ random restaurant owner in a country I don't even live in, doing that "for me".
Oh, when i see the "NOT SELLING, DIAMOND HANDS, DONT LOSE UNTIL YOU SELL", posts, i know we in for a winter.
That’s essentially my thoughts on it, money itself isn’t all the important to me. We have 2 kids 11 & 6 and we really want to get out of the overcrowded subdivision and somewhere where we don’t have any neighbors in sight lol We will be able to literally build our dream home without having to make a single payment. Are mortgage now is $1200 so with that gone I can easily invest more into my 401(k) and a lot of other things. Life is definitely NOT about money, it’s about living a life you love and for me it would be making my wife happy building our dream home and giving our kids the best life we can.
Whatever you do, do NOT put a penny into Bitcoin or Eth. You’ll be throwing your money away. With only $100, just choose the very BEST altcoin with highest use case, utility and future. Unfortunately with such little money, you can’t really diversify. Your best bet is throw all of into XRP, the ultra worldwide bridge asset.
What do you mean they are void? Are you telling me the exchange, in their main wallets, are left with, lets say, $100 in a shitcoin that someone left behind, and a few months after the "forfeiture" period they will NOT sell them and keep the money?
>though imo it feels like he is actually signaling he does not want to build anymore and wants to sit on the sidelines, make commentary and be rich Your comment is dumb for a bunch of reasons. First off, Monad is NOT Vitalik's latest vision for Ethereum. Monad has nothing to do with Ethereum other than using the EVM and maybe copying some of the tech stack. Monad is a DPoS network, not a PoS network, and with only 200 validators, that's very centralized and not an evolution or progress. Anyone can make a high throughput blockchain if you're willing to compromise on security and decentralization. Second, Vitalik has never been a builder, he's already been a designer or architect and a researcher, and he keeps contributing to Ethereum like he's always done. He's not just "sitting on the sidelines, being rich and commenting on stuff". He's probably the person least concerned with being rich in crypto, which is probably why the thing he spends most on his money on is giving it away to research and charity.
The hash for the windows executable does NOT match the one provided on the site. BeforeQuantum-Setup-1.0.exe Hash for the exe I downloaded is: f57a48b9202a79c9871fff7ef26fa0b8804a0c506113ac0c476dafede8f754af Hash provided on site: a4f0dee0708782642026208731ad28993780a4fd87fca0e2cc300315bb80ec34 Check on this!
Post is by: JustinCPA and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1r9ziig/1099da_fear_mongering_needs_to_stop/ Holy hell. This tax season feels like driving down a bumpy dirt road at 80mph. The sheer amount of 1099-DA posts in the last 48 hours is overwhelming. So many people asking the same questions... paired with pervasive fear mongering on every social platform I go on -- I want to bang my head against a wall. Clearly a lot of confusion in the air. I’m a CPA specializing in crypto tax, a mod of [r/CryptoTax](https://www.reddit.com/r/CryptoTax/), and a product lead at Summ, a crypto tax software company. I wrote a [full guide on how to NOT OVERPAY TAX](https://np.reddit.com/r/CryptoTax/comments/1qzk3he/dont_overpay_a_cpas_guide_to_why_your_1099da_cost/) here. This post will serve as a no-BS guide to what actually matters, where common pitfalls are, and answers to the most frequently asked questions. ***Disclaimer: Not tax advice, educational purposes only, consult your own tax professional*** **Quick summary before you read:** * Accurately reporting all your activity is what you should be focused on * The [1099-DA](https://www.irs.gov/pub/irs-pdf/f1099da.pdf) is the start of the conversation, not the way you file your crypto taxes * It is informational, not your tax return * It does not replace [Form 8949](https://www.irs.gov/pub/irs-pdf/f8949.pdf) * For 2025, cost basis is NOT reported to the IRS, and the reports provided to you may have $0 or "unknown" cost basis (by design) * Missing basis ≠ taxable gain * Blindly importing or relying on this form is how people overpay tax # What do I do with the 1099-DA? As I mentioned in the [guide to not overpaying your tax](https://np.reddit.com/r/CryptoTax/comments/1qzk3he/dont_overpay_a_cpas_guide_to_why_your_1099da_cost/), using the 1099-DA alone will likely result in overpayment due to the missing/unknown basis. If you've only ever traded on a single exchange, have never transferred any assets in to an exchange (in 2025 or prior), and your 1099-DA includes accurate cost basis for all disposals, then the next steps are not for you. For everyone else, here's what I suggest: **Step 1.** Import your 1099-DA into a crypto tax software **Step 2.** Add in your other wallets and exchanges as applicable (including DeFi wallets and non-US exchanges) **Step 3.** Review your transactions to ensure consistency between the software and the 1099-DA **Step 4.** Download your 8949/Sch D ready to file # Ok, but do I NEED to use a crypto tax software? Absolutely not. For the excel freaks out there, would love to see what you come up with. If your activity is simple (one or two exchanges) and you’re confident in your cost basis tracking (e.g., properly applying FIFO across transfers and disposals), you can probably manage without software. Software is simply a tool to: * Aggregate data * Ensure you’re not underreporting taxable activity * Prevent overpaying by tracking and filling in missing basis * Provide a paper trail to support your calc # Do I file the 1099-DA in my return? No. The 1099-DA is informational only. You use it to help build your 8949, which is what you actually file. # Why is my cost basis "unknown"? Simple. Exchanges do not know the cost basis for any asset transferred into a platform. This includes assets: * Bought off the exchange and transferred in * Bought on the exchange, transferred off, then transferred back in There’s no way for the exchange to know it’s the same asset. So basis is reported as “unknown.” That said, under IRS [Notice 2025-7](https://www.irs.gov/pub/irs-drop/n-25-07.pdf) Section 4.02 (Temporary Relief), taxpayers may calculate and use their own lot identification if they maintain adequate records and properly identify lots. This means you can report your cost basis using your own records. # What's included (and not included) on the 1099-DA? The 1099-DA does not cover all your taxable crypto activity. **Transactions typically included:** * Crypto → fiat sales * Crypto → crypto trades (with exceptions) These transactions will show the asset sold, the number of units, gross proceeds, cost basis (often missing or incorrect), date acquired, date disposed, and gain/loss. **Transactions typically not included:** * Transfers off the exchange * Certain NFT sales under $600 (subject to reporting thresholds) * Certain stablecoin sales under $10,000 (subject to reporting thresholds) * Wrapping / unwrapping * Most staking and unstaking * Lending transactions * Rewards, interest, staking income (usually on 1099-MISC) * All on-chain activity (DEX trades, DeFi, etc.) **Important note:** Just because something doesn’t appear on the 1099-DA does not mean it’s non-taxable. You are still required to report all taxable disposals on your own 8949 as you have in prior years. # I only transferred crypto off the exchange, why is my 1099-DA showing disposals? When you transfer crypto, you generally pay a gas/network fee. Under IRS rules, those fees are taxable disposals. The transferred assets are not taxable, but the gas fee is. That’s what you’re seeing. # What do I do if my 1099-DA is straight up WRONG? Unfortunately, we’re seeing reports of this happening. One person even said their cash buys are showing as sales. While I haven’t personally verified these cases, I’m not shocked errors are surfacing. Do not ignore it. **Step 1.** Calculate your TRUE taxable liability. The number you can actually defend. Load all your data into your crypto tax software (or your model), ensure completeness and accuracy, and generate your report. **Step 2.** Contact the exchange and request a corrected 1099-DA. It may feel like trying to wrangle a bull with floss, but showing a good-faith effort matters. **Step 3.** File an extension. This buys time for corrections. **Step 4 (Optional).** Attach an explanatory memo to your return outlining: * The error * Steps taken to correct it * How your 8949 reflects accurate taxable activity # Will I be audited if my proceeds don't perfectly match my 1099-DA? Unlikely. Yes, the IRS has matching systems. But they focus on signal over noise. If: * You report all taxable crypto activity (including DeFi and non-US exchanges) * Properly categorize 1099-DA transactions on the correct 8949 checkbox * Use a defensible methodology …you are unlikely to face enforcement action over small mismatches. Historically, with other regulatory rollouts, the IRS has eased into enforcement. They’re more focused on those flat-out not reporting than someone whose numbers are slightly off. # But what about about automated notices like the "please explain" CP2000? The IRS does have an automated matching system. But as stated [here](https://www.irs.gov/taxtopics/tc652), when mismatches are identified, a tax examiner manually reviews the return. The narrative being pushed that a few cents of variation automatically triggers a notice is complete fear-mongering nonsense. Further, even if minor mismatches do result in notices (which is unlikely), responding is actually quite straightforward. If you've reported all taxable activity, used a defensible method with a clear record of how you calculated your numbers (like a software), then the response is as easy as a one pager explaining how you populated your 8949 plus your capital gain/loss report showing the trades and the accounts where they occurred. You could remove wallet addresses and just say "DeFi" instead of a wallet address. ChatGPT could spin up a response and you'd be back to enjoying life in minutes. # Why can't I import my tax form to TurboTax? Early this tax season, TurboTax quietly removed the ability to import the regular gain/loss CSV produced by tax softwares. TurboTax is updating their flow to allow for a PDF import, but it's unfortunately taking some time. There are workarounds available, but a bit more manual. Hang tight, a solution should be available soon. # What are the biggest mistakes people are making right now? Easy. There are two: 1. Treating the 1099-DA as the sole source of truth and drastically overpaying by failing to reconcile cost basis as discussed [here](https://np.reddit.com/r/CryptoTax/comments/1qzk3he/dont_overpay_a_cpas_guide_to_why_your_1099da_cost/) 2. Ignoring it entirely and either not reporting crypto at all (fraud) or grossly misplacing transactions in the wrong 8949 checkbox These are easy to avoid. # I want to do the right thing, what should I focus on? If you’re making a good-faith effort, you don't need to be anxious. Focus on: 1. Reporting **all** taxable activity (exchanges, wallets, protocols, etc.) 2. Placing 1099-DA transactions in the correct checkbox on the 8949 3. Ensuring there are no material pricing discrepancies between your 1099-DA and your 8949 That’s it. Everything else is secondary. While this absolutely can be done manually, your tax software should be prioritizing these things to ensure your reporting is compliant and defendable. # Who should I trust if I want additional help? Many CPAs and tax professionals are excellent, but not all specialize in crypto or understand the 1099-DA and new tracking/fee rules. If you seek professional help, make sure they are well-studied in crypto tax. For anyone needing help, here is a list of vetted [tax pros familiar with crypto.](https://summ.com/us/crypto-accountants-near-me) # Bottom Line The fear mongering needs to stop. Most people are trying to do the right thing. At the end of the day, what the IRS cares about is that you report your activity. Yes, there are some additional hoops to jump through like proper check boxes and ensuring proceeds aren't wildly inconsistent, but if you’ve reported your activity accurately, you should not lose sleep this tax season. Cheers. Don’t stress. JustinCPA, Product Lead @ Summ *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit
DO NOT GET SCARED. The price swings in crypto are way different than stocks that shit could lose 10-20k then skyrocket😂
>Problem with P2P, you give your name and information to someone. You're NOT giving any information except the address to receive your bitcoin. **Definitely NOT your name**. For a proper P2P, look up BISQ, Robosats, HodlHodl, PeachBitcoin or Vexl.
I took out a loan to get some several years ago because I just was obsessed. I couldn't NOT have that number in my wallet. If you feel that way I won't say no. I paid the loan back a long time ago and still have my BTC.
Yes, if it's about Bitcoin. NOT shitcoins. There's more ifs but no shitcoins is the most important one. Once you have the site ready, contact r/Bitcoin mods or reply to this message.
My… and this isn’t a joke… my staples delivery guy that comes into my office once a month WILL NOT STOP TALKING about the entire world economy moving to XRP. and I’m pretty sure he cashed out his entire 401k and put it into XRP, and I bought like $1000 of an XRP ETF just to get him to leave
So. To understand. Less than 1% of MILITARY members are NOT CIS. To compound that, thats about 1% of the world, to which, about 1% of the current Earth population are actively in service to the military. So, 99% of the earths (military)population do not identify with the gender they were assigned with at birth? Just making sure I understand what youre conveying to me before I formulate my response.
And this is why my statement that "IF THEY ACTUALLY DID WHAT IS CLEARLY NOT HAPPENING" is wrong, because it is clearly not happening and those who think it will happen are stupid? Learn the English language bro...
Post is by: Ok-Idea9394 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/Q_DecouplingPairs/comments/1r90421/thesis_the_real_reason_crypto_dumped_nvidias_2026/ **\[INTELLIGENCE BRIEFING: A synthesis of hard data, thermodynamic limits, and verifiable order-flow logic. Read carefully.\]** Let's address the elephant in the room. Jensen Huang recently teased that Nvidia is preparing several **"never-before-seen chips"** for GTC 2026. The mainstream AI crowd expects another GPU node shrink or a memory bandwidth bump. But if you look at the **Thermodynamic Limits**, **Nvidia's actual software commits**, and the **recent violent liquidations in the Crypto market**, the logic points to a structural shift: **Nvidia is building a dedicated Hardware-level QPU-GPU Gateway / Quantum Error Correction (QEC) ASIC.** Here is the deductive reasoning, the whisper-network connection to the crypto crash, and the open challenge to the skeptics. # 1. The Crypto Dump: Smart Money Heard the Whispers Before we get to the physics, let’s talk about the tape. Why did the crypto market experience such massive, coordinated dumping recently? The mainstream media blames macro rates or ETF outflows. **They are wrong.** Crypto "whales" and institutional insiders have a whisper network. They know that the only existential threat to Bitcoin's valuation model is a structurally viable, fault-tolerant Quantum Computer. Until now, the consensus was that this threat was 15 to 30 years away. But if Nvidia is about to bridge the Quantum Error Correction gap in 2026, **that timeline shrinks from "decades" to "2-3 years."** The recent crypto dump was smart money pricing in this exact technological viability. They are front-running the realization that the encryption-breaking compute standard is arriving ahead of schedule. **Long Quantum, Short Crypto.** The Great Decoupling is literally playing out in the order flow. # 2. The Scientific Facts: The Latency Bottleneck Quantum Error Correction (QEC) is the only way to achieve fault-tolerant quantum computing. It requires identifying and correcting errors on physical qubits in real-time. * **The Physics:** To maintain a logical qubit, the "Syndrome Extraction" (measuring errors and applying the fix) must happen within a **microsecond window** (typically under 10 microseconds for superconducting systems). * **The Problem:** Traditional GPUs, communicating over standard PCIe buses, simply cannot process this feedback loop fast enough. The physical latency is too high. * **The Solution:** You need a dedicated chip—a gateway—that sits physically closer to the dilution refrigerator (Cryo-CMOS compatible) and uses direct photonic/RDMA links to decode errors instantly. # 3. Nvidia & Jensen's Trail of Breadcrumbs Jensen doesn't build hardware without building the software moat first. Look at the R&D footprint over the last 18 months: * **The CUDA-QX Launch:** Nvidia launched **CUDA-QX**, a dedicated software library specifically for Quantum Error Correction. Why build a massive software ecosystem for something 30 years away? Because they intend to shorten that timeline with hardware. * **The NVQLink Revelation:** Nvidia unveiled **NVQLink**, pushing GPU-QPU interconnect latency below 4 microseconds via RDMA over Ethernet. This was the protocol prototype. * **The Missing Piece:** NVQLink is currently an architecture standard. To scale it to millions of qubits, Nvidia *must* release a dedicated silicon chip (an ASIC or modified Tensor Core) to handle the QEC math natively. The quantum industry is already preparing for this. Companies like QuEra and Quantum Machines are actively integrating their control platforms with Nvidia's NVQLink to allow "real-time execution of quantum-classical programs." # 4. The Deduction: Why it is NOT just another GPU If Jensen's 2026 GTC announcement is just a classical AI chip, it absolutely cannot be called "never-before-seen." 1. **Node Shrinks are Predictable:** Moving to a 2nm process or stacking more HBM4 memory is the standard Moore's Law progression. We have seen this movie for 20 years. 2. **The Thermodynamic Wall:** We are hitting the Landauer limit for classical compute energy efficiency. To maintain the AI narrative, Nvidia must introduce a non-classical (non-Von Neumann) compute paradigm to drop the energy-per-token by 1,000x. 3. **The "Category" Shift:** A "never-before-seen" chip implies a completely new *category* of silicon. A QPU-GPU Gateway ASIC that operates across extreme temperature gradients to perform microsecond QEC decoding is the only technological leap that qualifies. # 5. The Market Implication: A Massive Catalyst for Hybrid-Quantum Pure Plays Let’s connect the physics to our portfolios. If Nvidia is indeed unveiling a dedicated QEC/Gateway chip, **this is a sector-redefining tailwind for companies focused on Quantum-Classical Hybrid Computing (like $RGTI, $IONQ, and $QBTS).** Building a stable quantum processor is hard enough. Building the ultra-low-latency classical control infrastructure to correct its errors is an engineering nightmare. If Nvidia commoditizes the "Control & Gateway" layer, these pure-play quantum companies no longer need to invent the entire full-stack wheel. They can focus purely on scaling physical qubits and simply **"plug-and-play"** into Nvidia’s enterprise infrastructure. This instantly transforms hybrid-quantum companies from "experimental science projects" into **immediate, deployable compute nodes for the AI industry**. Nvidia becomes the toll road, but these quantum hardware companies become the only vehicles capable of driving on it. # 🛡️ The Steel Man Challenge I will be perfectly candid: **This is a deduction based on order flow, thermodynamic limits, and corporate R&D footprints.** I do not have a leaked schematic from Santa Clara. But as an investor, you don't wait for the press release; you front-run the physics. If you think Nvidia is just going to release "a slightly faster GPU" and call it "never-before-seen," I invite you to challenge this thesis. Bring your papers on CMOS scaling limits. Bring your arguments on why classical IO can handle surface code error correction. Let’s stress-test this in the comments. The blueprint for the 'Great Decoupling' is already written in the laws of physics. **Perhaps in the near future, we will witness the exact hardware that bridges this gap.** Don't let the noise shake you out of the infrastructure of the future. 🦅🚀 *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
ColdCard is the best out of there three. If you go for Trezor, Safe 7 is your best option because it's air-gapped. Bitbox has no air-gap, they pretend it's not necessary but I think air-gapping is the safest path. Anyway, here are some wallets and advice. [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
The block reward incentivizes miners to mine BTC. If the reward is $100 then miners are incentivized to spend up to $99.99 mining for a profit. Except the block reward becomes $50 next halving. So miners are incentivized to spend up to $49.99 mining for a profit. Then the block reward becomes $25 next halving. So miners are incentivized to spend up to $24.99 mining for a profit. In 20 years the block reward is just 1% as much as it is today. So if BTC isn't worth 100X approx $100 trillion dollars then the INCENTIVE to mine will decrease. Miners will never spend $200 for a $100 reward. So then the difficulty decreases. And it makes it easier and cheaper to mine. And Bitcoin's security decreases. If the reward is $100 and miners are spending $100 on mining then to 51% the network you'd have to spend $101 on mining with a malicious intent. If the reward is $1 and miners are spending $1 on mining then to 51% the network you'd have to spend $1.01 on mining with a malicious intent. Do you get the picture? The difficulty doesn't even matter. What matters is how profitable Bitcoin is to mine, and that number is exponentially racing toward $0 due to the halving algorithm. Enter your paycheck into a calculator and type /2 and = ..Then type /2 and = ten more times. Does that help you understand the problem??? Bitcoin never faced this problem before because block rewards from the TEMPORARY miner subsidy were massive and BTC the asset still had loads of room to grow. They are becoming a tiny fraction of what they were 8 years ago in the next 8 years, and basically nil in 8 years after. Bitcoin needs to become worth ONE QUADRILLION DOLLARS in 20 years to MAINTAIN today's security budget. Are you delusional? This is so far removed from when BTC was worth $1M as an asset and still had 800% moves up regularly. >And if you don’t believe me, just look at the hash rate chart. We’ve even dipped recently. But again, guess what…the line has started going back up. The whole chart is exponentially increasing. It’s basically a vertical line pointing upwards. I wonder why that is. And this is happening during a time where the block reward is only 3.125 BTC. If you can produce 1 hash for $1 and Bitcoin is secured with $100 then its hashrate is 100. Okay?? A new ASIC comes out that produces 10 hashes for $1 but Bitcoin is still secured with $100, but now it has a 1000 hashrate. THE ACTUAL SECURITY HAS NOT CHANGED. It still costs 51% of the total input cost to 51% the network. Miners are not incentivized to run an ASIC at 10% power just because their new one produces 10X the hashrate. They always run them at 100% up to the point they are not making profit anymore. That is their whole business and incentive. Technology is always getting better and cheaper. The hashrate is a completely abstract number and does not reflect real security at all. It is a vibe check if anything, without knowing everyone's input energy cost and ASIC models it's entirely meaningless. >the decrease in difficulty actually increases the chances of the remaining miners discovering blocks…more blocks found per unit of hashpower… The problem comes when governments or Central banks or pissed off miners decide it's more profitable to turn their unprofitable ASICs on attacking Bitcoin at a loss for the sole purpose of disruption. Suppose they just opened a $10B short and that is the profitable move for them. Then the difficulty increases the same time it's already not profitable to mine, pushing even more honest miners offline. The lower the honest miner's profit rate is, the cheaper it becomes for the malicious entity to run this form of attack. And reminder, every honest miner's profit is trending toward $0 over an algorithm they cannot control which is OPs point that you have so arrogantly missed. If BTCs price is $200K in a decade its security will have been cut by 75%. The problem is unavoidable. Bitcoin core devs are already saying 2 more halvings until security necessarily takes a nosedive. 2 more and it's POW-memecoin status with 144-block wait times to have some probabilistic finality. I strongly recommend you DYOR with a calculator and divide your paycheck in half five or ten times and then tell me if it's still enough to pay your electric bill.
If it drops to $40k do NOT sell. Always think about how it’s going to be $180k in 2 years
It was a different guy who said there was double dipping originally. What I did was point out that a company doesn't necessarily get taxed on income that is then passed on to employee - ie there is NOT necessarily double dipping going on.
Im am NOT panic buying (I've bought $60k in bitcoin this last month)
How? The assessed value of your property and the market value of said property are often wildly discrepant. America has literally been charging property taxes since the 1630’s lol. This is not a new thing. Plus, it appears losses > 500 Euros can be indefinitely transferred into the future, depreciating earned income, potentially in perpetuity. Contrast this with owning physical property, if you cut your grass or upgrade your kitchen, you cannot use this spending as depreciation for tax purposes, generally speaking. So, that is an advantage crypto has that physical property does not. Lost money in the crypto asset class allows you to decrease your tax burden. Lost money on the physical property asset class does NOT allow you to decrease your tax burden, and may in fact, increase it.
How? The assessed value of your property and the market value of said property are often wildly discrepant. America has literally been charging property taxes since the 1630’s lol. This is not a new thing. Plus, it appears losses > 500 Euros can be indefinitely transferred into the future, depreciating earned income, potentially in perpetuity. Contrast this with owning physical property, if you cut your grass or upgrade your kitchen, you cannot use this spending as depreciation for tax purposes, generally speaking. So, that is an advantage crypto has that physical property does not. Lost money in the crypto asset class allows you to decrease your tax burden. Lost money on the physical property asset class does NOT allow you to decrease your tax burden, and may in fact, increase it.
Well he did f\*ck with people's money so... However, recently there have been a bunch of crypto kidnappings in France. This highlights the importance of NOT flaunting your wealth in a hypothetical future world where self-custody is the norm. And I think that would be a more peaceful world. In the end, the most valuable asset we posses is life.
It clearly says "IF approved by senate" so as of now, NOT approved
Idk maybe I’m in the minority but I personally prefer that the punishment for any financial type crime NOT be torture and disfigurement by mafia or cartel members. We are supposed to live in a society here.
appreciate that man. yeah it's been a learning curve for sure - mostly learning what NOT to do lol. good luck with your experiments too, sounds like we're figuring out similar things from different angles. keep me posted on the volume analysis idea, genuinely curious how that plays out.
Please listen DO NOT BUY BITCOIN! I guarantee it will crash stupidly low just give it time. Safest and best option go with gold, silver or even both.
I don’t remember what year it was but I was in my early 30s and I remember my good friend was super hyped on this “Bitcoin”, me I’m super non trusting so I told him no, f u and your fake internet $, where does the actual money come from??? He couldn’t answer me and once I knew he couldn’t answer it, it became a “non option” for me. I had the $, it was under $1 I wanna say it was 7¢, My buddy urged me to invest $1000 in it… What do they say hindsight is 2020, then again if I would have invested my money as soon as it hit a few dollars I would have cashed all of it out because I was not the same person I am today for one and for two, it was a brand new thing and nobody except for super nerds had any clue what ATH would end up being, thats why there are NOT as many multi-multi millionaires, or billionaires as you might think from early investors. They did what most of us would do back then, $800,000 from a $500 investment!! CASH OUT!!!! That’s what he did, I’m SURE it’s bitter sweet but hey he was the friend you have that never ever hooks up or has a gf, he got a gf, now his wife, bought a nice house in San Diego and has a nice life.. I’m getting off my point, the point is bitcoin exploded so much very very few people have their original coins and have made it through 4-5 cycles now?
Absolutely NOT!!! IF YOU WANT TO DO THAT WAIT TILL BETWEEN $40 & $50K
1. Everyone is NOT assuming BTC will drop more Some people think we've already reached the bottom 2. Nothing is certain
>OK, but aren't wallets in Salvador restricted to whitelisted wallets? They are NOT. >What's the point of this anyway, if government controls to who you can send? That would be the end. Luckily **no government is able to control whom you can transact with**. That's the magic of Bitcoin.
Just because they will offer crypto trading does NOT mean they will take custody of your tokens. Almost certainly they will partner with other platforms, DeFi apps, etc.
X will NOT offer Crypto and Bitcoin trading directly to its users. X head of product Nikita Bier has clarified that the platform will not handle trade execution or act as a brokerage. Instead, X is building Smart Cashtags financial data tools that let users view live prices, charts, and asset information directly from the timeline. **Any Buy/Sell actions will redirect users to external brokers or exchange partners for execution.**