Reddit Posts
Crypto arbitrage is not the free money everyone pretends it is
Coldcard Users Reported Instant Drains Years Before July 2026. Here Are the Receipts.
Inside Bitcoin's 165 Million UTXOs: Five Surprising Results
Coldcard hacker address receiving several messages via OP_RETURN
COLDCARD Hacker receives money laundering offer via OP_RETURN message
COLDCARD, CLN disclosures, zk proof of reserves - Bitcoin Optech Newsletter #416
I'm building a protocol that lets Bitcoin wallets self-declare "financial" vs "data" transactions -no consensus change needed
A very balanced article about BIP-110 by Jason Hughes - VP, Development and Engineering at Ocean Mining, yes the pool signalling for BIP-110
The 55% Trap: How BIP-110 Threatens to Fracture Bitcoin.
SlowCoin-A fully decentralized currency
Bitcoin's ZK Awakening: The Cryptographic Death of the Altcoin Scaling Narrative.
Bitcoin's ZK Awakening: The Cryptographic Death of the Altcoin Scaling Narrative. Strip away the marketing noise. Here is the uncompromising technical blueprint of how Taproot, BitVM, and OP_CAT are turning the base layer into a natively trustless settlement engine.
shibpost.com (shitposting on dogecoin)
15 Years Ago, Hal Finney Explained Why Bitcoin Could Not Simply Be Replaced
Mentions
rhymes with many other stories, OP was banned. not sure if there's some sort of spam/scam thing going on with these posts (hoping people get their public address and send BTC?), but it's odd at least.
ehhh.... a target date fund would be okay for OP too :p but yeah, they're not ready for much more than autopilot investments.
It's all in how the OP is stated, that's why I'm answering as I am.
Yep, that’s a pretty huge difference. OP could we add this to the post?
OP is asking for instructions on money laundering and some of you are helping?
This graph has literally no meaning lol OP what insights you get from it ? 😅
Except you need to deal with the blind oracle. OP go with SeedSigner + Satochip version and use the card or an encrypted SeedQR. Or get Krux and use encrypted SeedQR.
You joke, but that's the kind of button you'd have if bitcoin had [vaults](https://bitcoinops.org/en/topics/vaults/) and OP had used them.
>I genuinely don’t know how to make that distinction any simpler Well this is the first time, between your OP or any reply in this comment thread, that you've made that distinction at all. 🤷 Your OP includes a couple permutations of: >Imagine there was no seed phrase at all And none of "imagine you didn't worry about keeping the BIP39 seed private, and simply relied on the security of the passphrase alone"
This made me chuckle.. you know if someone sells.. someone is buying it right? Its a transaction.. lol. So OP's point stands.. selling an asset does not make it multliply FYI.
OP doesn't believe in long term investments. LOL.
OP doesn't believe in long term investments. LOL.
But OP doesn't use cracked softwarez
I did the same in Sept 2020. Been through 2 crashes since then and still holding. My thinking was that I'd sell at the top and buy back lower. Guess what? I missed the top both times and am still happy. You, my friend are trying to time the bottom but are just as like likely to miss it. We are close, if not past the bottom.... we can argue about the hypothetical bottom all day, but if I was you I would take the 64k for 1 btc at current prices and start buying daily over the next 3 months or so. Thats around 700 per day and your average cost should end up near the bottom. PSA: this is not financial advice for OP or anyone else. This is Reddit and should not have to be said. This is just one dumbass with an opinion.
average crypto bro iq right here on OP
Where is OP getting these numbers?
I did, although wasnt as big a bag as OP lol
OP, assuming you're not a miner, how can you purchase and move your crypto without traditional financial intermediaries? Are you a wizard able to conjure it into existence? https://preview.redd.it/6n07lr63tyjh1.jpeg?width=1080&format=pjpg&auto=webp&s=e57a5bc1f36fe0c4e62042fb84f06105e855f00d
Sick post OP, really puts it into perspective. I’d go one step further and separate the corporate treasuries into Strategy and other.
The seed is used to derive all private keys. "Brute forcing" 12 or 24 words would be equivalent to "brute forcing" a/all private keys. OP clearly doesn't understand the sheer mind blowing size of the numbers at play so we cut to the chase and show him/her how impossible it is by giving them a tool that queries addresses directly. When I was struggling with the concept this helped me. Figured it would help them.
This is the solution OP, it’s been solved already.
Well I don’t know what other alts you own. I see the selection OP has chosen to go with.
Thanks for the effort OP! Serious question... Does using popular lists like the one by EFF introduces additional risk as brute forcers would target word combinations from the list with priority?
Only a literal genius like OP would understand..
My name is publicly tied to wallets holding over $1 Billion and my address has been leaked 4 times in the last 15 years. I believe I've mastered hiding my physical address. I don't know about the UK but here in the US here is how I handled it. My property is owned by an LLC. My attorney is the sole proprietar and I hold a document that says he signed over the LLC to me immediately after its creation. My name is never tied to this address on any paperwork except for the one I hold. My mail is handled through a service called anytime mailbox located in a different state and although technically not legal, the address of that mailbox is on my government ID. Stay safe OP
Except thats not what is presented. Per OP's analysis of the TRM data, they stated that NEWER UTXOs were targeted while OLD balances were not. If what you are mentioning were the case it would be inverted with OLD UTXOs being swept and anything newer than a certain date escaping. I haven't been able to confirm the assertion from OP, but I do find it weird that new UTXOs got swept while larger older UTXOs did not and I am trying to wrap my head around how that would even work to target specific tranches of coins like that.
I forgot I still had a little bit and this post reminded me to sell and I made 10% thanks OP
Don't you understand? OP has their entire life savings wrapped up in it! /s
Since the days of Mt Gox the term ,"Not your keys, not your crypto.", has been the saying. That sucks that OP has lost that amount of crypto but it's hard to feel sorry for him. They're so many options for cold wallet storage these days.
The OP referenced inheritance/estate tax, which in the US isn't dependent on selling it. Though there is a pretty generous estate tax exemption of $15 million, plus your heirs do get a step up in basis at death which helps them avoid capital gains tax.
OP, are we talking five-digit or six-digit losses? Just how far down is your portfolio?
OP I love Bitcoin too but you honestly just sound like a terrible father. What's more important than your children? Answer should be nothing but ey you do you
I use LLM daily and I am not sure if that is within its reach. LLM would just told him this is just nonsense. This seems to be all on OP.
Don't go fast, mate. Do only two words a day. If you'll struggle too much with the two words from yesterday, don't and new ones today. Keep repeating them in your mind. Don't go out loud. Your phone is your biggest enemy, listening to every single word. And as you've mentioned in the OP, make sure to have working backups. Having the words in your head is an incredible superpower but I would never rely just on it.
Fully agree, mate. We don't know what OP is going through.
Read about how **Africans** with a **dictatorial governments** avoid 'control' and make **Bitcoin** transactions with **Machankura** (*with no or poor internet connection too*) :D An the OP charts are Fiat Currencies vs USD, not vs BTC. **Example:** Use the Tradingview chart for this, choose BTC-USD and change the currency! (the denominator: USD, EUR, ARS, TRY, etc, etc.) If you look at the charts, you will see that its not the same BTC-USD (US Dollar) chart as for example the BTC-ARS (Argentine peso) or BTC-TRY (Turkish lira) **A weaker Fiat currency (hyperinflated) has a more bullish BTC-XXX pattern** In the 'matrix' of TradingEconomics, you can sort countries by Inflation Rate (CPI YoY%) Tradingeconomics: [Heatmap - Economic Indicators By Country](https://tradingeconomics.com/matrix) 👀 Hyperinflated Fiat Currencies (with GDP data) * Venezuela (576%), BTC-VES * Iran (87,9%), BTC-IRR * Argentina (33,8%), BTC-ARS * Turkey (31,75%), BTC-TRY * Malawi (21,1%), BTC-MWK * etc, etc Therefore, with a lower (less hyperinflated) Inflation Rate the chart will be more similar to the US dollar (BTC-USD) chart. Remember that the US Dollar is the Reserve Currency of Foreign Fiat currencies. The global system of Fiat currencies are Central Banks and Governments implement the same Economic Policy. Some are worse (hyperinflated) than others implementing it, but the idea behind it is the same. :D
>I’m not saying a passphrase contains the wallet addresses. The seed does that. And then you're talking (in your OP) about not needing the seed... How are you not seeing the problem here?
I think the point the OP is trying to make is that for some, it may be easier leave their small holdings securely on an exchange rather than self custody, which comes with a different set of risks.
That's why people like you will always lose in crypto sooner or later. You are too greedy guys. OP just did almost 10x with his investment. It's fucking amazing. Don't be greedy folks.
SBF approves this post. You can do what you want OP. Just remember ftx, celsius, voyager, mt.gox, quadriga and many, many mor
OP fucks. That’s how it’s done, enjoy the new crib!!!
You've missed the point entirely, go back to my analogy... If you never give Amazon your physical address, how tf can they send to you? It doesn't matter how secure your password is, or how unique your email address is, or how secure any of that is - if you haven't actually given access to the information needed in order to fulfill your request. Despite the last sentence of your OP, the entire post really could be boiled down to, "Why don't we just use 7-word seeds and no passphrases?"
Not sure OP knows/wants how to handle it properly, otherwise a simple loan using BTC as a collateral would work too. So if you don't know how to handle it well, it's easier just to sell it clean.
Not OP but Microstrategy sold <0.5% of their ~840,000 bitcoin. The cold card issue caused about half as much of what Microstrategy sold to be stolen. Overall, it is a miniscule quantity.
Lame. Your info is out there. Not using the device, moving or whatever doesn't lessen that. Add another poster said, if you actually do get another device, now your info is with another company that will be leaked at some point. I suspect OP just wanted a freebie.
I know OP said this isn't about tax evasion.... But 10% is less than taxes in most cases, just saying
so what your response have to do with OP question really? sometimes its better just to shut up and keep scrolling ahhahahahaha OP i have no fucking idea i use binance for 5y after this "problem" i change to coinbase.
This^ OP. Don't waste the Trezor devices. They're still a very good and reputable brand. E-wasting them would be a bad mistake.
Even if people knew one of the term, they'd get scammed right back out. Or not know enough to do this type of swap. Or... think you know enough get wreckt like OP and then give up
OP already used an exchange. Your answer have nothing to do with what he is asking.
Lmao I don’t even really follow bitcoin but this has to be one of the saltiest investor subreddits. There are like 7 people on here happy for OP and then everyone else is just trying to flex their financial genius and their market crystal ball. Good job OP most people dream of 10x on an investment! Thats a long haul to stick in for. Smart call then and smart call today, invested wisely and used it to fund the life you want for your family. Ignore the salty stackers. They just care about doing the “objectively correct” thing whatever that means.
ya, OP some sort of liar or idiot, not sure which
OP even in a joke, never disrespect the wife and kids.
OP bought a house for 57k + 5 year investment. Thats life changing money. In ten years he will look back at 10 years of living in a home that he was able to make memories and provide shelter for their family with. If it’s 1 million in 10 years and he posts the same thing people still going to comment that he sold to early and could have had “life changing money” instead for 10 million in the bank.
Yea exactly. This is the whole fucking point of investing. Sure there is some “could have” but OP was able to get out and use the money for something they needed now. Also a huge return for him anyways.
I mean I sold in October and I've only been in for a couple cycles. OP has been in longer. Should've known better and planned better.
lol OP….why on earth would you sell now and not at the next ATH..? Is this a troll post..?
Thanks OP that means it will go up now
"Down 3% on the week. Everyone freak the fuck out and sell everything" - OP
OP can you say what tools you used to make this? The video quality is really good.
Crypto.Ruined.Everyone.Around.Me. Except OP
Where are you getting 9% from? OP said average buy-in was at $5700 per.
OP cares more about bitcoin than his wife and kids!? Some people really go too far with their obsessions …
The whole crypto universe is either gambling or scams. There is literally nothing else. Moving such amounts without research may be naive on OP but I don’t want to do a fucking master degree in tech and finance to swap some coins, but then even if you do the research someone will scam you either way because your fucking cold wallet producer had a bug in software and this whole thing is standing on a single “unguessable” string. I really hope this whole crypto shitshow will just collapse, it is a joke at this point
I’m prob doing same thing OP in 6 months . Hoping to have enough cash for down payment but if not - selling BTC it is. This is the way man. Get back on the stack and enjoy the home!!!!!
An ETH/USDT pool... not able to support a $20k trade without 4% slippage? I don't know where OP traded exactly but most pools on Ethereum for these two assets can easily deal with this amount with less than 1% slippage. MetaMask is notorious for higher fees and limited routing (wouldn't put beyond them to actually use pool they have MEV bots squeezing)... prefer dApps like ShapeShift or Rango, you can connect most wallets to them, they will aggregate the best quotes using popular routers with enough liquidity, and will be much more transparent with fees/slippage.
Idk by the way OP described wife and kids
This is such a reddit comment. OP already has life changing money, he bought a house for his family thanks to a 57k investment.
Waiting for the OP to thank you for your empathy
Ugh his taxes for 26 are gonna suck so bad. Good luck OP🍀
Take the entire buffet quote into consideration, "Diversification is protection against ignorance. It makes little sense if you know what you are doing". Would buffet conclude that the OP knows what they’re doing? Further to that, do you think this sub leans more toward “know something” or “know nothing” investors? Diversification works for most people most of the time. Concentration works for savvy, time-rich people, some of the time. “The best advice is tailored to a recipients character and capabilities, rather than your own.” -Me
You bringing up the coldcard thing prove OP's point yes. There's also no viable reason to choose 256 bits over 512. Or 1024. Or 2048.
The coldcard was vulnerable because it used 40 bits of entropy. If it had used 90 it wouldn't have been vulnerable. You're proving OP's point.
As Blackrock, Wells Fargo, JPMorgan Chase, etc dump literally trillions into BTC. What planet is OP from?
Just like OP actually did - Cry harder chud
OP gambled $57k cost basis 5+ years ago to get to where he is today, most likely selling his whole stack to buy a house without mortgage outright. The wife will look back in 10 years when the Bitcoin price is $1,000,000 per coin and not understand that OP could’ve had life changing money. A paid off house is not life changing. Not having to worry about finance at all IS life changing. It’s incredibly dumb to think otherwise.
Yeah OP just liquidated an asset that was lost in a boating accident and converted it to something that is easily taken in a divorce. Well played, Wife.
OP is saying his dad is the bottom
The wife is going to look back in 10 years and OP will just get blamed because he gave in to selling the stack to buy a house today. It’s a lose lose situation for OP lol.
So OP, am I backing my truck or not
CashApp can’t spend a UTXO in his wallet. The mistake happened on the OP’s side or their seed was compromised.
Hey there! After further investigation, there seems to be an issue with the transaction that CashApp sent you. They initially sent this Parent transaction, which includes the output you received for 0.00489635 BTC: [https://mempool.space/tx/632188193a9ea4f445891c3280707557cd8d1e694e87d1d319d2e3c0a827025d](https://mempool.space/tx/632188193a9ea4f445891c3280707557cd8d1e694e87d1d319d2e3c0a827025d) However, there is also the subsequent Child Pays For Parent (CPFP) transaction, which you see on the block explorer as being sent to OP\_RETURN: [https://mempool.space/tx/1ff8742b770f75fd16310f63033c74867278c4e6ba1b5891df7b42222e4aebc7?cpfp=true](https://mempool.space/tx/1ff8742b770f75fd16310f63033c74867278c4e6ba1b5891df7b42222e4aebc7?cpfp=true) It seems that CashApp may have messed something up, and spent the 0.00489635 BTC you received in the CPFP transaction. Have you ever tried contacting CashApp to ask them to review this further? They may have further insight to what happened with these transactions.
This is not correct. A stablecoin **targets $1**. There still needs to be a counterparty on both sides of a trade, whether it's on a CEX or DEX. On a DEX, this is facilitated through AMMs and liquidity provided by LPs. The price you actually trade at is determined by MM, traders, and depth of available liquidity. The reserve helps anchor the price at 1:1, but its does not always mean an exact trade for $1 USDT = $1 USD! If it does, someone is eating the cost. In this case, some CEXs like Coinbase provide the opportunity to trade 1:1 to attract customers to use their platform. And if I'm trading on Binance, my execution depends on the liquidity availabe on Binance. Users are NOT automatically accessing the order books or liquidity sitting on Kraken or Coinbase or DEX! Have you tried selling USDC for $1.01? If buyers are willing to pay $1.01, your order can fill. OP is just confused because he thinks there is unlimited liquidity at exactly $1 and everyone is okay with selling and buying at $1 without profiting from a spread.
Mostly. Even though nothing is factually incorrect, it doesn't *clearly* answer OP's question. The age of the transaction is irrelevant. The fact the source funds were part of a batch transaction to 115 outputs is also irrelevant - we already knew the destination address in question. The only part of the response that actually touches on an answer is the last part that effectively says "if you didn't spend the funds then your wallet is compromised," which is buried in so much irrelevant information, it is effectively lost in the noise.
Hi OP. Your basic plan is sound, but I would change one thing. Do not reuse part of the old seed as your new passphrase. A BIP39 passphrase can technically be any string, and 6 to 10 genuinely random BIP39 words would contain substantial entropy, but taking them from a seed that has already existed on another signing device unnecessarily links two secrets. If that old seed is ever recovered, photographed, backed up badly or otherwise exposed, you have potentially handed the attacker the entire passphrase. Generate the new passphrase independently. For SeedSigner, having to reload the seed is not really a weakness. Statelessness is one of its design goals. You can enter the words manually each time, but that gets tedious. SeedQR exists specifically to make reloading practical. The QR itself is not inherently less secure than 24 words written on paper because both represent the same secret. The important question is where and how you store it. If somebody obtains your SeedQR, treat that exactly as if they obtained your seed words. For a 24 word seed, 100 fair six sided dice rolls is plenty. SeedSigner itself uses 99 rolls for generating a 24 word mnemonic. Ideally verify the resulting mnemonic independently before putting meaningful funds behind it. If it were mine, I would use a fresh seed generated from 99 or 100 dice rolls, an independently generated strong passphrase, a physical seed backup, a separate passphrase backup, and I would verify recovery before funding the wallet. Then wipe the signing device and keep the watch only wallet on the online machine. Multisig is not automatically more secure for an individual. It reduces some risks but introduces considerably more backup and operational complexity, so avoiding it when your threat model does not require it is perfectly reasonable. The one thing I definitely would not do after an incident that has already made you question one secret is deliberately recycle part of that secret into the next wallet!!
5 years ago we were on top of the moon shopping for Lamborghinis when BTC hit 60k...now the whole world says dead. 😂 I agree OP. Best time to be buying is now, yesterday, and tomorrow (DCA power persists)
Ich bin eine Glaskugel und kann OP nur Recht geben. Bald sind wir alle Millionäre, juhuuu.
This is even funnier since NFTs are actually having a great resurgence on Robinhood and OP has no clue about it. I think what people know about Crypto and what gets posted here lags by about two years actual time, it's so far behind. $10 mints were selling for 13 eth each a few days ago.
This is even funnier since NFTs are actually having a great resurgence on Robinhood and OP has no clue about it. I think what people know about Crypto and what gets posted here lags by about two years actual time, it's so far behind.
The transaction has an OP\_RETURN of "v3b", so whoever sent the transaction likely burned the full amount as fees. I tried searching on Google for why this might happen, and the best explanation Google's AI came up with is that if the wallet used a weak seed, there could easily have been multiple bots that all knew the private key. They then all get into a bidding war, which ultimately burned the entire transaction amount.
When you people see an LLM response you don't like, instead of freaking out like trained dogs, may be think of fighting fire with fire. Now I won't just copy and paste Fable's analysis (took like 15m exploring the ledger from [mempoo.space](http://mempoo.space) and blockchain.info), but the tldr is: change wallets, OP. There's apparently another set of wallets compromised this way. Can't share. Don't know what the purpose of just burning sats is either, but the leading theory is, two bots having the same compromised key going into an rbf bidding war.
It's not remotely like BCH or BSV. It will be as opposite of those things as a Bitcoin fork can possibly be. Both of those were about increasing the blocksize and enabling more garbage to fill the chain. This fork will do the opposite, close OP\_RETURN loopholes and restrict what can go on the chain even moreso than the main chain, much less those two forks.
That's the most sensible thing to do. I wonder if OP already found the mystery
I hate this argument so much. Yes, there are people that write well structured arguments. There are also AI written posts. OP is clearly a bot and is typing exactly like Claude. Just because a human could have written this doesn't mean then did.
To be fair to the OP, a lot of people have no problem saying "it's going to the moon!" when the 🐂 is in town.
OP I think your post makes a good distinction between theoretical security and operational security, but I think it draws the boundary in the wrong place. A hardware wallet does not need to eliminate human error to be superior it just needs to remove important classes of failure, and keeping signing keys isolated from a general-purpose, networked operating system does exactly that. The fulfilment breach is serious, but it compromised privacy and increased social-engineering risk, not the cryptographic security of properly used wallets. Saying that, a dedicated phone is still a general purpose computer whose security ultimately depends on the OS, application sandbox, wallet implementation and the user never accidentally expanding its attack surface. The CC incident is the stronger criticism because it demonstrates something genuinely uncomfortable: “open source” describes auditability, not assurance. Reproducible builds, competent independent review, deterministic or independently verifiable entropy, mature implementations and a history of adversarial scrutiny matter far more than simply publishing source code. But there is also a false symmetry here between hardware-wallet complexity and hot-wallet simplicity because both require the user to protect the seed, recognise phishing and understand recovery, while the hardware wallet additionally gives you an isolated signing environment. Saving a hardware-wallet seed in Bitwarden doesn’t prove the hardware wallet was pointles it proves that violating the security model can nullify one of its principal benefits. So I wouldn’t tell someone with $300 that they are irresponsible for using a reputable hot wallet dude nor would I tell them to spend $250 protecting it. I’d tell them security should scale with the value at risk. For modest amounts, a reputable hot wallet with a properly protected backup can be entirely rational; as the amount becomes financially significant, the additional isolation of a well-designed hardware wallet becomes increasingly worthwhile. The relevant comparison isn’t “cold storage versus humans”; it’s which architecture leaves the fewest catastrophic failure modes after accounting for the particular human who has to operate it!!