Reddit Posts
Do NOT get into pumps and dumps. They are bad and damaging not only to idiots like me, but to the community in general. They are not OK, please do not support them.
24,4% of ICO projects are dead for good
24,4% of ICO projects are dead for good
How do you fund your FIAT to Crypto?
When trading, learn to manage your expectations
Vast Bank- A Tulsa, OK bank that lets people manage their traditional bank accounts and cryptocurrency side by side. Pretty cool. Sounds like adoption to me.
Security : An easy guide on how to remain secure from theft/scam as you trade crypto.
Can we stop making fun of People who used their Crypto to buy something? Like the Pizza Guy? It's OK to take Profits!
Mentions
OK, I’ll bite… how do you know? Let me guess you bought $200 today
OK I will explain it for you this one time, but you better take the time to read / understand what I say. Currently you live within a broken / corrupt financial system - which fuels lots of other corruption as well (i.e laws, control of mass media). Fiat is a financial system is *inflationary* (due to people in power printing more money) and *centralised* (it’s owned and run by a small amount of people - similar to how you would think of a small private company). An inflationary financial system support corrupts / criminals at the highest levels, and leads to your savings disappearing over time. But you have been brainwashed / indoctrinated through mass media to believe this is “normal”. BTC is built on a financial system that is *deflationary* (because new BTC cannot be printed / the supply in limited to 21 million), and *decentralised* (meaning no single person owns BTC, and everything that occurs on the blockchain requires at least 51% approval (validation)). So to highlight the differences between these 2 forms of currency (which are built on different financial systems), consider the example below: Imagine a world where there are 10 people (population) and a total of $10 USD (currency / money), where each person starts with $1 USD each. So each person starts out with a purchasing power of 1/10. Now let’s call one of those people *Bob*. Bob owns the central bank - and he decides to print $10 USD and give the money to himself. Now Bob has $11, whilst the other 9 people still only have $1. So now Bob has 11/20 of the purchasing power, whilst the other 9 people only have 1/20. Bob effectively just stole half of your savings and you have been brainwashed to think this is legal / normal. So due to this occurring - the 9 people start working harder / upskilling so that they can earn more money, whilst Bob starts purchasing things using his $11 USD. Eventually once Bob is finished spending - everyone ends up with $2 USD. Guess what happens next? Bob prints another $20 USD, so now Bob has $22 USD (22/40 total supply), whilst everyone else still has only $2 USD. This is what the cycle of an inflationary financial system looks like / how it works. It is effectively a form of legal theft, where it’s your savings which are being continuously stolen. It’s not just about the money though - Bob can abuse his position to control media (using that money), pay for military to protect his position (ensuring no one can threaten his position), pay for AI or companies to control / oppress / censor any forms of communication that attempt to threaten his position etc. Now lets compare that same scenario using BTC / a deflationary financial system: Again - we start with a 10 people, and a hypothetical max BTC supply of 20. So everyone starts out with 2 BTC (1/10 of the total purchasing power). Now because Bob can no longer print money - the only way he can earn more is to provide VALUE to you (he needs to provide a good / service that one of those 9 other people are willing to buy). He can’t manipulate / destroy BTC (i.e he wants to go back to printing money / being in control / having super yachts!) - because BTC is decentralised / no single person is the owner of BTC. Even if Bob started out with 11 Bitcoin, and the other 9 people only started with 1 each (i.e lets say Bob was a billionaire in todays system) - Bob only has 2 choices, which are 1. Not spend his BTC, or 2. Spend his BTC. 1> If Bob doesn’t spend his BTC (which will never happen in reality, because people have basic needs such as food / shelter), the other 9 peoples BTC becomes more valuable (the effective supply becomes 9, so each of those 9 people end with with double the purchasing power if Bob decides not to spend his BTC). 2> If Bob does spend his BTC (which will definitely happen), his purchasing power will decrease over time. And eventually - *unless* he continuously provides legitimate value to one of those other 9 people, Bob will end up with the same / similar purchasing power as everyone else. So it doesn’t take an expert to realise that #2 is what happens in a deflationary financial system with finite supply. So regardless of whether you own 0 BTC or 100 BTC when mass adoption occurs - you should be able to clearly see how BTC / a decentralised and deflationary financial system *benefits* the 99%. And you can clearly see *why* the 1% are currently using every tool they have (mass media, misinformation, censorship etc) to try to spread confusion / prevent people from adopting BTC. They have tried to do this for over a decade already - but the reason they haven’t succeeded is because once people learn / understand the lessons I have explained to you above - they end up buying BTC / educating others, and because what BTC *is* and the reason is was created / how it works / the problem is was created to solve becomes very clear - those same people stop caring about the price of BTC as measured against fiat (because fiat is losing its value! / exists within a corrupt financial system, whilst simultaneously - more and more people are buying BTC), and they also stop caring / paying attention to the false media / misinformation which is spread online (because when you actually understand how something works - it’s much harder to brainwash you into thinking BTC is dumb / fiat is great etc. So make sure you understand that BTC is not a stock that you buy with the intention of one day selling for fiat (which is losing value!). BTC is literally here to replace fiat. To finish - I want to summarise *why* BTC was created and the problems it is solving: 1. Your savings will not lose value over time. This creates a free market (the cost of something is relevant to its supply / demand at the time it is purchased). This prevents what is effectively *legal* theft. 2. It results in much better wealth equality. There will still be wealthy people - but those people will be wealthy due to providing VALUE to you, not because they commit very serious crime that they are never held accountable for (I have given examples above). 3. The system is decentralised - which means no single person controls BTC and therefore BTC cannot be corrupted. This prevents a single / small group of people becoming wealthy and abusing that power to corrupt BTC / the global financial system (which is what you see today). Once you understand the information I have provided above - you will start to understand BTC / treat it appropriately. And you will be able to seperate fact from fiction when reading random crap / misinformation / propaganda etc. If you want to dive deeper (i.e validate anything / learn the exact details of how BTC works - there are books which go into detail). And since BTC is open source - you can validate everything very easily (i.e you don’t have to blindly *trust* what a book is telling you. If anything I have said sounds confusing - happy to elaborate. I try to make things very simple / clear
BISQ, robosats, hodlhodl, peachbitcoin and Vexl. If you don't care about your privacy and are happy to share your ID, Strike, Swan or River are OK. I would avoid shitcoin casinos like conbase.
OK, November is here... Time to order my yellow lambo.
CT Pool but do not get any other thing in the browser or on the desktop just get on your phone and I hear the desktop is good but do that on the phone dude I’ve been cranking it out honestly for months now and it’s legit. I mean, I’ve taken it in and out of my wallet. Only thing is I will say this, though that they have a button that has all your minors on it OK and sometimes you go back and the button will be shut off and be like what the fuck I’ve been missing out and you know hours of mining and you won’t even realize it so you gotta check it up on that I’ve wrote them several times about it. Is it something that happens you gotta keep up on it sometimes and just check on it heads on that. They turned on more than that though man it’s been legit. I gotta say I’m impressed and I have gomining, bitcoin meaning bit tycoon for to be honest with you, man. I’ll get money. You’re gonna pour all this sh!t by bitcoin itself. Play standby what I say, Man CT Pool out of everyone I’ve tried has been the most legit one.
Pardoning CZ was inexcusable. The guy was convicted because his company was caught laundering money to support all kinds of nasty things including human trafficking and terrorism. Are we just OK with that now?
Since Trump admin, other nations, companies, ETFs are slowly legitimizing this, just stay put. Speculation is a plenty in this, but trend is up. Consolidation after a multi year run up is A-OK.
I don't know my strategy can work. I don't own One BTC. Let's say currently I have 800 buck only. I only just want to have some spare cash to use. ( My area don't have much place accept BTC payment yet ) OK like last few weeks BTC is bullish for sometime. Let's say my 800 buck become 850. I withdraw 50 bucks left default 800 in my wallet. Just chill as long it go bullish over 800 , I withdraw some as long I keep the default amount in the wallet. If you guys know what I mean? Partly I see now like more into trading. Some still aim for long term like after 5 years see how it go or maybe just after 1 or 2 years.
It's a bit difficult to wrap your head around because the premise is essentially running your budget/lifestyle like a business. It could work really well, provided you are OK with the numbers, and you keep the LV ratio super low.
OK. You haven't made any relevant points so just keep your head buried in the sand?
Hodl and limited triggers are an oxymoron. Just know it will go down and turn your daily or weekly inv up for the duration! Bitcoin is king and has always came back stronger. U sell, u may miss the quick turn around or pay taxes and just have to quickly buy back in making a year long term b4 u should even think about selling! Hold or buy more. Thats all I am doing. OK selling a tiny profit every time it hits a high https://youtu.be/8Oe-ISLKFjU?si=bfbwfDSInlPh_-9n
I keep a few hundred bucks worth max on a couple of hot wallets or on an exchange. Anything else goes in a cold wallet. Ledger is OK, otherwise Bitbox 2 or Jade are better. Top of the range is Coldcard from Coinkite, but a little more complex. Make sure you keep your 12 words safe!
OK, I'm late here, I have stuff to say on this that may be helpful. I'll share my story at the end so you can see what informs my response to your situation. You have lost money you couldn't afford to lose and that is really painful. I'm sorry this has happened to you. You are not at fault for seeing what could be the solution to a real world problem, and wanting to back it. This is a reflection of your values, you get to keep that. You have learned how snake oil salesmen are willing and able to do something that you were/ are blind to, ie take all your money for a promise they never intended to fulfil. The tale of conning desperate people is as old as time and works best when it appeals to fear, greed, illness, ego, and loneliness. We will overlook our logic and scepticism alarmingly quickly when hooked. This has cost you. That may be more than you can easily bear right now, but part of the beauty of crypto funded initiatives is less red tape and the opportunity for rapid growth. And the risk is right there too. There is almost zero regulated governance to safeguard you against fraud which means you have to have all of your logic and scepticism at your fingertips. You need to notice when to get out, and then get out. You need to know how you operate (trader, investor, seeking safe harbour ... etc). It has been costly, it may take time to recover but what ever you do, be really brutal with your honesty about your decisions, what you noticed and ignored, and what you missed altogether. Expensive lessons, but if you engage fully, they will pay you back many times over. So, funny story: I bought 5.5 btc at $150. I liked the experiment and wanted skin in the game. I largely forgot them until the btc branch when I got bitcoin cash. I diversified into eth, and a couple of alts, I got greedy while ignoring my own experience of due diligence in regulated markets. I took my losses and realised I was bad at trading. I found a project that was amazing and decided to pile in with 1 whole btc (I had 4 by now). I got involved in the community, my 1btc grew in value to 10btc equivalent. I started seeing holes in governance, the founders were on an ego trip, doing obviously shady stuff. I was so involved that I had evidence of wrongdoing, but did I sell? No, I held while it declined to sats worth, my ego wouldn't let me admit what I knew to be wrong. So now with my 3btc, (increasing in $ value), I waited a couple of years until I found a project that had real world applications, the use case fit my personal vision like a glove, they had legitimate partnerships with regulated businesses, their protocol was easy to use, fast and cheap. I 33 Xed within a month and kept piling in. And even with all the signs being right, the founders antagonised their partners, failed to deliver, were surprised when the partnership failed and pulled the rug. Did I allow myself to cut my losses? Nope. I am a terrible trader and a terrible investor, I am glad to know this. It is painful to know that if i had left my $825 investment in btc alone, I would probably be planning my retirement. But I didn't. I used my remaining btc to pay for life when a stormy day (3 years) came, and if that is all I got then I am luckier than many. If you plan to go back in, you have to be able to doubt everything anyone says, and know yourself so well that you can admit when you are the biggest risk. I hope you recover, be kind to yourself.
As long as you can deal with the volatility mentally, you should be OK. However, I'm worried about a huge crash. No one knows for sure what will really happen, but if history repeats itself like I've been learning about, it'll happen again. I would fact-check the below yourself for more details, but I saw this statement twice with a quick search. With AI taking over everything, it's really hard to trust it sometimes, especially when it's forced on you, like in Google searches. "United States has experienced 34 recessions since 1855, with 14 occurring since the Great Depression."
OK I’m beginning to understand it now, I was thinking once the feds just cut the rate then the mortgage rate and refinancing rates would automatically come down. Thanks for helping me understand this more.
Maybe you should read up on the history of money and how currencies have came to be and ultimately failed. Including gold. Kinda like saying, just because the ship is sinking, the lifeboat isn't guaranteed to save you. Well OK then, good luck swimming.
BTC is legit ETH and XMR are maaaaybe OK Everything else, including your personal favorite project that is going to “revolutionize” something, is complete dogshit
Kinda crazy you put it all in dollars, I would have kept it in BTC but OK, at least you are spending it on real estate, that is not so bad.
are you black? i’ve been getting these stupid bitcoin responses on my account. OK? you fuck! shut up. I’m sick of your comments. Momma has been sober for 2 years. Why don’t you go suck your own dick
Pointing out that someone is a liiiiittle bit crazy because he wanted Israel to nuke Iran is a "cheap personal attack"? OK...
OK then, go nuts :) Use your node or a public explorer API. Two options: 1) recommended — from your bitcoin core node (accurate, no rate limits) # get current tip height TIP=$(bitcoin-cli getblockcount) # loop last 1000 heights and print "height nonce" for i in $(seq 0 999); do h=$((TIP - i)) hash=$(bitcoin-cli getblockhash $h) nonce=$(bitcoin-cli getblockheader $hash true | jq -r .nonce) echo "$h $nonce" done > last_1000_nonces.txt uses getblockcount, getblockhash, getblockheader which returns the nonce. 2) quick — using mempool.space public REST API (no node required, subject to rate limits) # get tip height TIP=$(curl -s https://mempool.space/api/v1/blocks/tip/height) # for each height get block hash then header.nonce for i in $(seq 0 999); do h=$((TIP - i)) hash=$(curl -s "https://mempool.space/api/block-height/$h") nonce=$(curl -s "https://mempool.space/api/block/$hash/header" | jq -r .nonce) echo "$h $nonce" done > last_1000_nonces.txt mempool.space exposes block header endpoints including header with nonce. prefer your own node for reliability and no rate limits.
If selling near cycle ATHs and buying back during bear years is not understanding, then I am OK with that.
You could take a look at TRAC, all the rewards come from real revenue and the token is non-inflationary. Can stake here https://staking.origintrail.io/, a community member has made [this](https://othub.io/public/dashboard/b933de89-fc08-4dc5-824f-d53e8c8f94c3?activity_date=&activity_date_=&apr_7d_%28%2525%29=&avg_asset_size=&chain=Neuro&chain_=Base&chain_=Gnosis&chain_=Neuro&date=past30days~&date_=thisyear&delegator_key=&delegator_key_=&event=&event_=&node=saturn_station&node_=&node__=&select_nodes=Active%2C+available+to+stake+on&select_nodes=Active%2C+not+available+to+stake+on&tab=8-nodes-comparison&time_grouping=day&time_grouping_=month&trac=&trac_=) to compare ROI of different nodes. At the moment there is a struggle of the high returning nodes being 'full' though so currently there is no great place node to stake to. There are plans to increase the max. stake of nodes so it should open up. Or you can be satisfied with a lesser but still OK return.
Cash is OK for now. AI stocks are overvalued. I would worry about all US stocks being overvalued unless you are familiar with the business and you have calculated that the profit justifies the price of the stock. Inflation is here and more is coming but I only buy things that are undervalued. Hold dollars until the markets crash and then buy up things that are undervalued.
OK, so you're trolling. I can transact lightning anonymously from my living room while drinking tea and watching a movie. No dark alleyway risk. Private. Safer. Easier.
I wish LINK would do that, but...erhm...nopahhh! Wish it had gone from whatever it was to $100. Even then it's never going to be enough to do much with such a tiny stack, but it's performed OK considering it's supply has expanded over the years. What happens if the supply is finally exhausted and there are no more reserves to unlock...?
Hey there! It totally depends on what you're comfortable with. One of the original selling points of Bitcoin (and one of the reasons it became so popular) is that it grants *you* the power of being the sole custodian of your funds. You don't need a bank or any kind of middleman in order to own and transact with Bitcoin (just an internet connection!). Keeping BTC on an exchange sort of defeats the above purpose, as it - once again - places trust in some third party to behave well with your funds (to not lose them or freeze them). As I implied above, if you're OK with this and prefer the simplicity of keeping it on Revolut, then that is your call. However, many here would say it's not truly "your" Bitcoin until you withdraw it to a wallet you control. Also, you don't *need* a hardware wallet just to self-custody your coins. If you have a relatively recent iPhone or Android phone and have updated to the latest firmware, then a self-custodial wallet app is actually a pretty good idea (such as Cake Wallet). iOS and Android tend to be much safer from a malware point-of-view than the average PC. However, the bigger the amount of BTC, the greater the pressure to set up a totally air-gapped wallet becomes, but these apps can be a good option to tide you over. It is also possible to set up an air-gapped PC for cold wallet generation, but this is highly technical and usually not recommended unless you're certain of what you're doing. I hope this helped!
oh by dollar, not by percentage. OK ill give you that cause things are way more expensive. but by percentage that was not even close. how are you in a crypto sub going by dollars?
Oh you mean regular crypto market volatility 🤔 I also bought at ATH’s and then watched all my investments go in the red for the past month. Luckily, I realized that was my own mistake and due to me being new in the crypto space - this type of up and down is common and expected. I should have waited but I FOMO bought in the Summer as crypto was steadily climbing, I was broke when it was time to buy the dip 😆, then tried to stack again at the wrong time in September fooled by all of the “Uptober” Posts. Everyone’s mad cause they can’t time the market - we’re not politicians or politicians sons, it just is what it is, quit whining and just buy & hold and be patient. If it’s rigged so what - I just want a piece of the pie at this point. Or even just a seat at the table if I’m being honest. I quit day trading for this reason - it’s also not what it was, watching too many people get liquidated right now, I took out my futures acct money and put it all into XRP. Rather than sitting around crying and whining I realize OK things change - But Crypto is here to stay. Buy & hold or get out and invest in Gold or Silver or something. Personally I like crypto and I like my odds. Of course there’s always a risk of losing everything. There’s also a risk of a nuclear explosion. Or dying of a horrible disease. Or a car crash. Point being id rather take the chance spend 10k and lose it all in crypto than waste it in a 1 time vacation or new car. To me the investment now is worth the potential later. No one has patience.
Post is by: haxsen and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1oftggj/btc_and_eth_doing_well_but_altcoins_hardly/ Projects like SUI, LINK, ANKR are no more touching ATH.. this is so weird. While LINK and SUI still performed OK but I think ANKR failed miserably, glad they are now correcting the stuff up, they did a lot of changes recently and I hope their new chain Neura will do good where they have ANKR as a gas token support. *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.*
OK fair Let's see in one year how the ponzi BTC performed compared to the utility provider ETH
Long time holder...January 2024. OK grandad. Jesus is that long term now?
Let's see, you buy Bitcoin and now you have freedom over your day? OK...
Maybe try with another exchange and warn them beforehand and ask them if that's OK with them Did the current exchange lock your funds ? From now on, in order to protect your privacy, just use a new address for any transaction on the blockchain
It's OK, there's still time to change!
Not quite OK on his eth position though...
OK and? How does that negate anything I’ve said? Is it still within the Top 10 (supported) and a functional coin? As I believe those are the only claims I’ve made above.
OK, I see what you’re getting at and I think I see your point. By a traditional sense yeah you’re correct. Bitcoin just like Fiat is not an investment. In a nontraditional way bitcoin is an investment because it has risen in price. Unless of course you just bought a couple weeks ago then you might be losing money. But regardless, for the reason of buying bitcoin, everybody has relatively the same goal either to preserve the value of what you’ve currently spent or to increase that value.
OK, so if you are in profit now, sell and then what, pay taxes? Short-term? Let's say it goes to $200k by the end of this year or next year. You are still sitting out and you paid taxes. What if it does go down in 2027? What if it does but it's still higher than it is now?
OK, obviously people are showing a bunch of coins. But nothing feels like a solid bite at this time. Any decision is 50-50. The market seems to be at an inflection point. Maybe waiting another six months to be best decision.
Yes that one is OK as well. I don't know much about it, but you have two options: 1.simply buy and hold a coin with that 100 dollars or split it and invest into two coins. Recommendation would be bitcoin only. Some argue that the best time to buy bitcoin is now since it is below 114k as we speak. Or... 2. Sideways trading and accumulating trickle profits with automated spot bot grid. This does automated buying and selling small portions of a coin through grids that trigger buy and sell orders when the price dips or rises at certain intervals within a defined upper and lower grid range. This can give you grid profit or realized profit that isn't dependent on unrealized profit for gains. Though it is most likely going to be very modest with a budget of 100 bucks, especially if the unit price of your selected coin is bigger than 100 for distributing it equally among yhe grid lines in the bots parameters. But it can compound over time, and you can invest in a bots budget to buy more, sell more and have better absolute dollar profit. This is also a bot that does DCA and holds some portion of the coin but the best hodl is simply manually buying since you can choose how much exposure to loss or profit you want in that coin. A spot bot is a more automated,hands off trading tool that is practical for the busy hands off conservative trader. The cool thing about spot bots is that even if you see unrealized loss depending on when you atart the bot, the more grid profit arbitrages a bot makes the more it offsets the unrealized loss,eating away at the loss until you break even and have grid profit plus unrealized profit. In conclusion, Whether you manually spot or automate it, both are valid ways to increase your capital with your own money without risks of liquidation by using borrowed money with futures and leverage. The call is yours as to what is best for you in the long run. Futures is high risk but also high reward if your bet is correct and you have the guts to place your money on the line with no fear of losing it all. This is gambling. Not recommended.
To an absolutely small amount, that plays a role. As people have more money they can buy more goods. Demand goes up while supply doesn't keep pace so costs go up. Then costs out pace those raises and even the government can't keep pace, but they can print more money and now we can give raises again. Unfortunately, the government is worse at budgeting and paying their bills than the average house wife, but that's OK because they can always print more money.
OK take out a loan, but you're too far underwater for crypto, buy sports car, impress desperate, wealthy cougar...
You can absolutely buy Bitcoin with fiat - the best place to do this is at in-person meetups when you've established trust with someone. Even then, it's best to do it in amounts that you're OK losing in case something goes wrong. Lots of cypherpunks in Barcelona! [https://x.com/btcbarcelona](https://x.com/btcbarcelona) [https://www.meetup.com/bitcoin-barcelona/](https://www.meetup.com/bitcoin-barcelona/) The real question is - do they want to part with their BTC for fiat?
OK but when doing research what should you look into. I'm new . Do I just buy when it's at its lowest
This is great! One thing to consider since they’ll be holding this investment for a long time is that there are cheaper ETFs out there. For example, Bitwise’s BITB has a lower expense ratio than Blackrock’s IBIT. Grayscale’s BTC is the lowest still (methinks). Anyway, those management fees will erode returns over time compared to cold storage. If the ETF is the right answer (which is OK), look at fees and other factors. The biggest is not always the best choice.
yeah well that has been EU's position for a long time. They want the euro CBDC, centralised, permissioned, not decentralised. As long as your addresses haven't come into contact with anything undesirable you should be OK. The problem is that this is all automated, false positives do happen and that is why you see posts from time to time of things being frozen etc. That's the risk of CEX. Better to trade on a DEX but of course then a different set of risks arise. There's no easy answer.
It's an even better indicator you should have already bought BTC and should continue to DCA but OK
OK. What do you propose that we do now?
OK I checked on some of those but they require a phone which one will let me work by web site I want a No kyc that I can convert my bovada winnings to cash and deposit to my bank account
Dont worry. It’s not gonna be OK
Bitcoin still looks OK on the monthly, might be choppy for a bit but looks OK so far. We just ride it out as always, taking opportunities wherever we can!
OK I think I don't understand your point.
Brother, there is nothing way he's disappointed in you. I made 1k thus last week on trades and my dad was super proud of me. I've called him after I lost 30k in 5 minutes and he was proud of me. Proud of me because he knows that I learned from it. That next time I won't make that mistake. He knows I'm smart and even though I don't have a whole lot of capital to play with he knows I've made some insanely good calls on stocks in the past. No fucking way your dad is disappointed in you. I refuse to believe that. My dad, although we had a rocky relationship until my mid 20's, is my rock. I dont even fucking know you dude and I'm proud of you. Whatever you did to hit 2mil, you can fucking do it again. Got it? So shut up, get some sleep, take a week off, and get back to the grind. This is just a setback. Do not let this define you. You will come back from this. It may take you years, and thats OK. DM me if you ever wanna shoot the shit man. I'm not guru or whatever, but maybe we can bounce ideas off one another. Throw some DD's at one another and see if we can help each other grow our portfolios
Imagine having bought the top 4 years ago, then imagine having bought the top 8 years ago... Now try to fast forward 4 years in your mind... or 8 years. You are going to be OK as long as you hold long term.
But what kind of "peace of mind" is it replacing an X% debt with an instrument that increases by Y%, where Y > X?? "OK, let me lose some money, this will put my mind at rest." This is just insanity.
It’s OK. Satoshi credits him in the white paper. Off top of head his is the only name in the white paper, apart from the author.
Selling will always suck for those who are money savvy, so you are right to feel how you do. However, getting rid of debt with interest actually financially empowers you. That’s what bitcoin is all about. Plus, you are in profit, so why not cash out some, especially for something that financially empower you through eliminating looming debt. Given that we are looking at quantitative easing, that the government and institutions are into bitcoin, etc., some of us may wait a couple of months to sell into Q4. But then again, what if it all goes downhill? You should feel very OK about selling. Those are say hold onto everything forever is because they are trying to stabilize the base of this currency, or dump on us at some point. On the other side of the coin (no pun intended), though, I will always hold onto a considerable amount. I think that odds are that we will be bullish going into the future. Plus, if you hold onto a sizable amount, you could tack onto that during bearish times and get back up to where you once were — or close! Overall, I struggle with the same thing as you, but do not feel bad for selling some. We never know what tomorrow could bring in terms of the markets or our health. It behooves us to use and enjoy what we have in the present.
OK, I now have transfers in and out set up. But back to your original question - I don't see what the payoff is if you can't get a margin loan, which is the only reason I'd consider transferring in. And I'd never want to pay the 1% spread on buys just to transfer out and essentially use it for your exchange for purchases. So I guess it's a nice start but doesn't really offer much other than diversified custody (which of course increases counterparty risk).
Binance is OK. I use for more than 10 years and never had a problem. Not Binance US though.
You’re not, the label’s incorrect. Second graph is OK
I'm just communicating with like minded people. Is that OK? Or is this only for a specific purpose?
OK, seems plausible then except for the odds. ;)
In the unlikely scenario Bitcoin goes to zero, would Micheal Saylor be OK financially? Would Micro Strategy be solvent?
BTC to 200k...Uh, mmm, OK. 200k it is. Wanna bet? Got money, put it on the table, let's see who is wrong and who is right.
Aah, that makes more sense, but their liquidity problem would be with dollars, not bitcoin. Like a bank, you are just a line in a spreadsheet which says how much of their huge wad of bitcoin , USDC, crap coin, or dollars they think they owe you. When you buy 0.001 of bitcoin, they don’t run out and purchase $100 bucks worth of bitcoin on your behalf. They just add your 0.001 to your spreadsheet line under the column bitcoin. Periodically they review how much bitcoin reserves they need to back all of the bitcoin in all of the lines of their spreadsheet, and adjust it. Even if that’s “100% backed”, the total in the spreadsheet will never actually exactly match the exact amount in their wad. If you buy a bigger chunk - say 1.0 bitcoin, they can still just add 1.0 to their spreadsheet. If you decide to send it out, it’s just one small part of their wad. If you sell it for USDC, it’s the same thing. If they are backing enough of their crypto funds adequately, they will never have trouble dealing with runs, because they are just tweaking their spreadsheet to make it happen. Fiat is another story! If they have a crypto run, and everybody wants dollars to withdraw, they suddenly have to deal with having to convert a large fraction of their spreadsheet to US currency. If they have $100 million in US currency on hand, fully backing the amount of dollars in their spreadsheet, and suddenly people want to sell their various crypto funds, they can do the same trick and tweak their spreadsheet, but the difference is that they are now being asked to send a billion dollars to banks, and to send the bank an IOU means they are borrowing cash to do so. I’m sure a company as big as Coinbase has sufficient credit to do that, but it hits their bottom line and companies hate that shit. So yeah, I can believe they wanted to delay cash payments during a run! I don’t actually blame them, but you have to understand that they are acting as a bank - you are just a customer with a claim on their wad, and they are using their wads to gamble with your money to cover their costs and meet their profit objectives. They hate to lose their bets, and really, you hate it when they do as well, because if they lose too many bets, despair sets in and they bet more wildly and eventually lose their shirt, and, of course, your shirt along with it. You don’t get mad at a dog that pees on your car - it’s not personal: it’s just a dog being a dog. When you choose to park some of your cash at an exchange, don’t get upset when they occasionally pee on it. So don’t park your Lambo there or your fleet. Leaving the Chevy there for a day is OK.
OK, then you definitely haven’t checked. Ask them about setting up a brokerage link account.
100 shitcoins is not the flex you might think it is but OK I guess. What do you mean exactly when saying encryption?
I think this is in fact OK, but I don't see why it should be. I think that adding a resistor inline with the LED should be enough to turn it off when the micro controller is LOW.
You're thinking too small. Cash isn't backed or insured by banks, and it's used by millions. A privacy focused, government backed crypto cash would be great. Also, no, you can't remove the key through Bluetooth. Honestly, why would anyone suggest that? View your passphrase from the settings on your device. Think of this from the perspective of a new crypto cash user. They don't have to understand addresses or block chain. They have a device, where they enter a local transaction ID (9284), provided by a cashier. Their device displays the transaction total, then they click 'pay'. The entire transaction is over. Behind the scenes, the local transaction ID negotiates which terminal to connect to, and which transaction on that terminal belongs to the customer. The devices connect. The customer device receives a transaction. Upon getting the OK from the customer, the device signs it, and sends the entire transaction back to the terminal. The terminal forwards that to the block chain. Simple for the customer.
I'm actually switching to cash only, because I'm tired of being tracked everywhere. I logged into Google and checked out my account history. They log everything, man. Every time you open an app on your phone, every search term, every website you visit, and every video you watch. Apple does the same. It made me sick, seeing all that. And I'm not the only one. A growing number of us are concerned. The US is trying to phase out cash. While banking apps are becoming more and more dependent on phones. Chime just removed several key features from its web interface. My rental payments require an app. No web interface. My public transportation requires one as well. Everyone at home keeps saying, "if you aren't doing anything illegal, why do you care?" It's a matter of consent. This current administration has shown that they're willing to sift through past data to find any reason to punish people who oppose them. If we're doing away with cash -- Trump just dropped the penny, because it was too expensive to make -- I'd be OK with a P2P cash system that was cheaper. Our banks are integrating into systems which require us to surrenderour our privacy. And, I'm not doing anything illegal. I just want my constitutional right to privacy. Crypto isn't insured by the government. Neither is cash. Cash is backed by the government though. So, why can't the government switch to a privacy-preserving P2P cash system? They can back it, just like they already do cash.
Chainlink - OK, but Cardano... Neither original, nor promising
if you are trading, you should not be trading with your whole bag, risking perhaps 5% at a time is considered OK, so while you store your 5% on the exchange and play with leverage, ensure that your 95% isn't sitting on the exchange because... not your keys not your coins.
>Bitcoin: Instant? Try infinity if you set your transaction fee too low. In the best-case scenario, it still takes at least 10 minutes. So you've never heard of r/thelightningnetwork before? This is how [bitcoin payments within seconds](https://youtu.be/gkZJ1P-D0c4) looks like. >How often do people transfer money across borders? Not often. It's usually for large sums of money, so it's OK for many people. How arrogant are you? Millions of people send remittances to support their families back at home. These payments are anything but "large sums". In 2023, global remittances reached approximately $656 billion, a crucial source of income for families in developing countries. According to the World Bank, these funds are vital for essential needs like food, housing, education, and healthcare. Teh average remittance per transaction can be relatively modest. For instance, in 2024, the average remittance to Mexico was about 393 USD, demonstrating that many remittances are indeed small amounts sent frequently (source: BBVA Research).
That almost sounds to me like "Real capitalism has never be tried" I respectfully disagree with almost all of it, but that's OK. We don't have to agree on everything.
>The ones getting hit the hardest are the small players and retail investors Not every small player and retail investor is a gambler OK ???
OK, I won’t listen to you. Thank you for advice OP
"possibly tortured or murdered" lmao, OK, found the russian troll right here
Thanks for sharing your story. Folks need to hear this. But most important: it’s only money, folks. There’s so much more to life than money. OP will be OK. He paid some tuition, he’s gonna start over, and he’ll be just fine. Always remember - your life is worth ∞ The pain and embarrassment of losing some money is very, very temporary. If you’ve hee in this game long enough we’ve all done it. Made dumb calls. Some of them wildly so. OP I hope you’re well and take good care of yourself. Sounds like you have a good outlook and believe me - 36 is very young particularly in this game. If you can pick yourself up, dust yourself off, have a bit of a good natured laugh at yourself, and move forward with wisdom and conviction borne out of what you’ve learned, then believe it or not this is a net positive.
OK cool. Just check the chain when you get the deposit/receive address. Anything sent to that address must be on that chain otherwise it's lost forever. Exchanges will not help you with coins sent on the wrong chain.
Anybody who just buys rather than leverages is probably #1 A OK and bought the dip
You recognize your mistake and still young. You'll be OK
I'm so uninformed, I didn't know I'd been buying "spot" for all these years while just quietly DCAing my way to an OK stack.
OK, which Trump child was it?
They bought everything at 121K ? It's a loss OK but this is Taco Donny we are talking about.
Been there, done that 😂 You're not alone bro. Get back in the saddle and don't trade anymore. DCA and HODL! You'll be OK eventually. You're still doing better if you buy now than millions of coinless people.