Reddit Posts
Saved my seed phrase in USE.RUN Encrypted Notes when I was resetting my PC. I think I entered the password wrong. I can't get it back. Is there any way to recover this?
Bitpay Support employees don't even know what the Lightning network is (DON'T USE BITPAY!)
Bitpay Support employees don't even know what the Lightning network is (DON'T USE BITPAY!)
Do you know that you don't need hardware wallets for cold storage?
GG Token - Created in cooperation with GG International, White Lotto, and GG World.
Back in 2011 this T-shirt of 'I USE COINS' was selling for 6 BTC each. Is there a hero who bought one in the room?
AI QUANTITIVE TRADING with COS+KRAKEN
Golden Inu (GOLDEN) Token | Listed On CoinGecko Friday | CoinMarketCap Coming | Buy $GOLDEN Tokens Before The Price Explodes
Golden Inu ($GOLDEN) Token | CoinGecko Added Friday | CoinMarketCap This Week | Buy Your Tokens Before The Price Rises
Golden Inu ($GOLDEN) Token | CoinGecko Added Friday | CoinMarketCap This Week | Buy Your Tokens Before The Price Rises
My Adventures as a Crypto Bounty Hunter : Dumbest Scammers Edition Part 5 - Telegram Crypto Scams
SIM Swapping EXPLAINED (+ how YOU can easily avoid it)
The "Keep Your Coins" act that was recently passed by the US House Committee is all the proof we need that crypto is now very much a partisan issue in the US, well among politicians at least
The "Keep Your Coins" act that was recently passed by the US House Committee is all the proof we need that crypto is now very much a partisan issue in the US, among politicians at least
The "Keep Your Coins" act that was recently passed by the US House Committee is all the proof we need that crypto is now very much a bipartisan issue in the US, among politicians at least
Someone just tried to access my Binance account but luckily 2FA was activated so they couldn't withdraw anything. Don't be lazy, activate 2FA now.
Help us secure our place in r/place! Everyone on the final canvas will get 50 MOONs!
Scammed by Multichain BRIDGE protocol
(poll) Ledger Wallet drama is actually funny
I'm seeing a lot of people get their CEX account suspended or closed
People being slack (online) when it comes to personal security is certainly a major reason as to why human error is the leading factor in scam / fraud / theft of peoples crypto.
Your Hardware Wallet CAN be drained- even IF you keep your seed phrase secure! Are you safe? Please learn how to Revoke Allowances!
Moons completely SHATTER and OBLITERATE non-believers as they SOAR past U$0.3 per Moon.
I use Binance VISA and GOT SCAMMED!
Decentralization of dapps on blockchain
DON'T USE Binance Visa's card, they don't protect you.
SCAM WARNING: Finblox Platform is a scam - DO NOT USE AND TO NOT BUY THEIR FBX TOKEN (research)
7 Golden Rules to become a Crypto Millionaire
Do not hold your Crypto in PayPal nor CashApp
Stay alert , and secure your iPhone (specially).
HIVEOS Is a crooked website DO NOT USE AT ALL COSTS!
Bitcoin vs yellow metal - Detailed and objective analysis
Yield Teams .io (degen project up to 3% daily) rug pulled and drained the smart contract PLUS all the funds inside investor's wallets.
Fire Wallet browser extension: shows what happens by clicking a smart contract in a human readable format - is it legit? Pro and cons analysis
Generate your own seed with a paper, a coin, a printer and a pen
Trend Analysis and Alerts are the best way to make profitable trade in Crypto currencies.
Once again another reminder not to store your crypto on exchanges. An eToro Lament.
Crypto will never see sustainable growth until newbies are taught the basics
Are there actually any "Currencies" on here?
have you seen the new ledger with touchscreen?
Central exchanges and staking platforms getting exposed now and people learning to self custody is good for crypto in the long term
Crypto is not much shittier than the banks it sought to replace, the problem was that they made traditional banks for crypto
To the people that still leave their crypto on an exchange: why?
COINSOURCE BTC MACHINE ARE SCAM FRAUD DO NOT USE PROOF screens
Worry LEVEL extremely high please help supplier changed btc address
Updated the Crypto time of death document document
The sweetness of karma and the "little" rewards that come with it...
Xo-Pad is part of the XODEX ecosystem, it is a tier-based launchpad for projects launching on the XODEX network
Luxpad | Launchpad token | Longterm Project | Locked LP
Fake CV / Resumes, N F Ts and Maintaining the credibility of degrees. The solution seems so easy - Why is it not implemented?
Fake CV / Resumes, NFTs and Maintaining the credibility of degrees. The solution seems so easy - Why is it not implemented?
Greetings to all cryptocurrency investors, if you were interested in making money on cryptocurrency trading, then I will reveal to you a huge secret
Coinscan | Dextools Worst Nightmare | All In One Tools| Important Tools For All Defi Traders| Dev TX, Pending TX, Live Social Feeds, Gwei Used, 15S Candles and Much More In 1Frame | Certik Audit Completed | Crosschain Coming Soon
Coinscan | Dextools Worst Nightmare | All In One Tools| Important Tools For All Defi Traders| Dev TX, Pending TX, Live Social Feeds, Gwei Used, 15S Candles and Much More In 1Frame | Certik Audit Completed | Crosschain Coming Soon
Coinscan | Dextools Worst Nightmare | All In One Tools| Important Tools For All Defi Traders| Dev TX, Pending TX, Live Social Feeds, Gwei Used, 15S Candles and Much More In 1Frame | Certik Audit Completed | Crosschain Coming Soon
Coinscan | Dextools Worst Nightmare | All In One Tools| Important Tools For All Defi Traders| Dev TX, Pending TX, Live Social Feeds, Gwei Used, 15S Candles and Much More In 1Frame | Certik Audit Completed | Crosschain Coming Soon
I made a simple crypto staking/LP location tracker
A little guide on Forum Karma and r/cc Moons
Spyro Inu stealth launching in few minutes / Welcome to the first Series of Spyro's NFT / Low Tax Token and LP Locked / NFTs, Staking on the way / Hard working Team and well connected / Potential 10x as low cap
Do NOT use CashApp for bitcoin lightning! $700 and an expired invoice later and they refuse to issue a refund "because the status says pending".
Why do we need crypto? Because it gives the younger generation a fighting chance
🐶Pugky Inu Token stealth launch soon with 100x potential
The only Non-ID crypto marketplace that is worth anyone's time....
Tokenomics X🚀 | Good Community | Low Market Cap| Launched🚀
🔥Tokenomics X🚀 | Good Community | Low MC | Launched🚀
The FATF proposes P2P payment restrictions.
🔥 EarnPay 🔥 | Multiple Reward Pools | 📱 Full dApp | 3 Weeks Old | ⭐️ Only 2M MC
🔥 EarnPay 🔥 | Multiple Reward Pools | 📱 Full dApp | 3 Weeks Old | ⭐️ Only 2M MC
🔥 EarnPay 🔥 | Multiple Reward Pools | 📱 Full dApp | 3 Weeks Old | ⭐️ Only 2M MC
Rbxs-Erc20 | Excellent Community | Low MC | Recently Launched
Definder/Smartlands/SLT: Key Information as we enter 2022
Definder/Smartlands/SLT: Key Information as we enter 2022
Just got robbed of all my crypto... WTF
How to NOT get scammed out of you hard-earned investment in 2022
🚀Rbxs-Erc20 | Good Community | Low MC | Launched🚀
:)Join my team and make money together!!! https://cryptotabbrowser.com/29927891 Easy to use, at home or office, using computer or phone!!💰💰 1)Download the app 2)create account 3)confirm email!! 4. MINE !!USE THE APP EVERYDAY :) Click this link and join my team!
Bingbon suck worst customer service ever
Super happy with my Crypto.com card - here are some tips! (UK in particular)
The market is ripe for an industrial-grade, decentralized, storage solution as AWS goes out, again.
SpaceRocket X 🚀 - just launched 2k MCap - join us
🚀 SpaceRocket X 🚀 Launched recently! | Don’t miss the next x500 MoonShot Token | Huge promotion campaign launched and LIVE 🔥 | CoinGecko listing coming very soon ✅ | Professional and Experienced Team | Join before rocket takes off! 🚀
🚀 SpaceRocket X 🚀| Stealth Launched | Low MC , Just launched| Renounced✅ + Liquidity Locked🔒 |Everything legit, 100x Potential, Moon🚀
USE BRAVE BROWSER / AD BLOCK FOR YOUTUBE! Shib Rival Floki Inu To Be Seen Over 50 Million Times With Aggressive, Laser Targeted Youtube Ad Campaign
BasedBurn| Doxxed Dev | SAFU | Fair Launch on 12/20/21 5-6PM UTC
🐯BABY KUCOIN🐯 | Low Tax 😮 | Stealth Launched ! 🚀 | LP Locked 🔒 | low MC | 50% Supply burn💰We Are Going To The Moon🌕
🐯BABY KUCOIN🐯 | Low Tax 😮 | Stealth Launched ! 🚀 | LP Locked 🔒 | low MC | 50% Supply burn🔥/💰We Are Going To The Moon🌕
Mentions
I used to be a HARD CORE gold/silver bug… I never thought bitcoin was a scam but it was reported as a “PayPal” like digital money from the fools in the media at the time… I never thought much of it because I already had paypal. After it reached parity with gold, I was CONFUSED because it wasn’t physical, so it broke all my understanding of hard money… then after the market crashed 85% I was too scared to get in and I still was CONFUSED as to what gave bitcoin it’s value. I used to wander “why isn’t bitcoin backed by anything physical.” Peter probably has the same mindset. Peter hasn’t asked himself any of the fundamental questions as to what gives bitcoin it’s value… like most gold bugs, in his mind, if it’s not physical then it’s not “real.” The none physical nature of bitcoin was the LAST HURDLE I had to study before I completely left gold for bitcoin. Now I understand that the properties of bitcoin wouldn’t exist if it wasn’t for its none physical nature. In a modern world, gold is a POOR FORM OF MONEY compared to bitcoin. I should know because I GENUINELY TRIED TO USE PHYSICAL GOLD AS SAVINGS/MONEY for years before getting into bitcoin. I tried the #getonzero fiat with gold/silver and it’s much much much more difficult because the premiums were high and the dealers only purchased at 90% melt… so that’s a loss of 15-20% if the melt price did even change and you needed the money fast… also some dealers try to CHEAT YOU will questionable scales and measurements. Also, you might want to sell but the dealer went on a trip etc. I tried to barter with gold/silver too, and it’s a poor experience compared to using bitcoin… I was always in fear of someone running off my my gold/silver as they “checked it” to see if it was real… constantly being asked “is this real” and people always wanted to tear open seals etc… just a bad experience.
Guys - i appreciate the effort but please understand - ARMORY WALLET DOES NOT USE SEED PHRASES. the only information i have to work with is the original btc address i sent the money to, my wallet passphrase, and the Watch-Only Root Data and Watch-only root ID. so at this point im totally lost
Whatever you choose do NEVER EVER USE unTRUSTWALLET!!
Shouldn't you be asking why we USE bitcoin? Isn't this a replacement currency and not an investment? You could ask "why do you keep your cash?"
The users ARE the worth. Ask yourself the same questions but replace "Bitcoin" w/ the "Internet" and see how you respond differently. What gives the "Internet" worth? The users believing and using it. We all believe in Bitcoin and USE it to store our wealth. End of story.
Being 67, still working self employed, I hope to cash *some* out in 2025 bull run. Hope to then re buy when it dips, now that I've learned the swings. And I must say I'm praying for $200k or more per btc... And upward. My fingers are crossed I get to USE it!!
I USE Bitcoin as my retirement savings.
There’s definitely a Reddit echo chamber about coldcard and bitbox, but mostly because they meet some key criteria: Bitcoin only: if the device doesn’t need to work with shitcoins, there’s less code, which means a smaller chance that there’s a vulnerability. Ledger, trezor, and bitbox have non-bitcoin only versions, but bitbox/trezor have a Bitcoin-only firmware you can choose to use. There’s no clear winner for this, but the loser is ledger for forcing multi-asset wallets (even though you don’t need to install it). Open-source: I’ve heard conflicting reports on coldcard being source-available vs open-source, but being able to look at the firmware is critical. Again, the only loser is ledger, as their firmware is closed source Reproducible: a step up from open-source. This means you can verify a firmware version with one you compiled yourself. In theory you could have open source code but it doesn’t mean anything if the firmware you install has small changes in it. I believe coldcard and trezor are reproducible, bitbox has been seen as well on bitcoinbinary.org (a website that tracks this) Airgapped: optional, but I recommend it. You don’t want to have to connect your wallet to a computer, it’s better to have a device that keeps signing keys separately and you can move a transaction over, sign it, and take the signed transaction back to send it. Ledger doesn’t do this, I don’t think trezor does either, but coldcard does. Another that does is blockstream Jade. I’m not aware of bitbox being airgapped but if im wrong I’ll update this. Secure element: a hardware chip that protects your keys. Infamously missing on trezor, where an advanced hardware hacker could extract the private key from a trezor. There are mitigating steps for trezor but I think most other wallets have one. Passphrase: the trezor mitigation is to use a passphrase. This is an additional word that you can use to alter your private key. Many wallets support these, some allow alternative pins you can use to unlock the device in different modes. Highly recommended to store a little bitcoin in your main wallet and put the rest in a passphrase wallet. Coldcard is on the better side of all of these features. I believe bitbox is as well. I think the main difference between those two are that coldcard is a little more complex to use. You need to use SD cards to move transactions around (for the airgap) and looks like an old calculator (pro for some, others not as much). If you’re “hardcore” coldcard is probably the best. Bitbox is a more user-friendly option, and is still fantastic. Unless you can explain the features of coldcard you probably don’t need it. You can’t go wrong with either. The wallet I got when ledger killed their company was the passport by foundation. It’s based on the coldcard but is imo more user friendly and has a nice QR scanner for transmitting data. When I want to send I can display a QR code and scan it, sign it on the device, and then scan a new we code with my phone to get the transaction back and send it. Coldcard is working on a new model that supports the QR airgap but currently can’t do this. As a beginner, I’m going to suggest the passport or the bitbox. But for an advanced user I’d say coldcard or passport. IF SOMEONE HAS A REASON NOT TO USE OR RECOMMEND PASSPORT PLEASE LMK SO I CAN UPDATE THIS. thebitcoinhole.com has a good break down of features for various wallets, and feel free to ask questions
Once again folks; DO NOT USE ONLINE PASSWORD MANAGERS. Use an airgapped password manager and derive your own system for individually entering passwords on the device when you need them. Organize your devices so that your accounts are whitelisted so that you don't have to enter passwords every 5 minutes. A good way to do this is to set up every account you can with a hardware security key like a Yubikey (FIDO2). If you can't, TOTP 2FA is a still good method. Take a few days out of your schedule to overhaul all of your passwords. It will save you headaches in the long run.
There's discussion of price, but what about USE in 2025? Sure, $25K is bearish, but it's still well above zero, and if other countries are using it, storing it, etc., and it still keeps running successfully with no hacks we continue having an emerging system of money outside the corrupt structures that brought (most of) us here in the first place. Seems like a win?
Rule 1: NEVER EVER USE LEVERAGE Rule 2: See Rule 1
Right now there are very few Blockchain AI projects. Most of the Blockchain AI projects right now have limited Profitability potential. But over the period next few years I am expecting Blockchain AI projects which have real life USE CASES. Also I believe, digital Twin technology will contribute alot more to this space. In all the future is bright
When your native currency 💷 can drop 75% or more overnight and there’s nothing you can do it about it…… yeah this is THE USE CASE FOR CRYPTO!! Good for the people of Turkey
Day trading is not for the faint hearted. Its a very hard thing to do. ALWAYS USE A STOP LOSS
Stay Humble stack Sats THOU SHALL NOT USE LEVERAGE WITH BITCOIN
This content happened like a week ago and feels recycled so here you go I guess DO NOT ALWAYS USE 2FA, sim swap compromises are a thing and it's costed lots of big players big damages in their portfolios because of this issue
>Does any of the above sound legit? Sparrow is on 1.7.9. That part sounds legit. However it seems you downloaded a fake version. The official Sparrow download page is here: [https://sparrowwallet.com/download/](https://sparrowwallet.com/download/) That 'Sparrow Telegram Group' is clearly fake. I'm sure you were led there by the fake version of Sparrow that you downloaded. It may have all started with that 'notification', although it's curious how you got that and they knew you were running Sparrow in the first place. Heres the thing. You shouldn't be using a Desktop wallet AT ALL. Maybe you had some malware that allowed someone to see your screen. They saw you had Sparrow, and made a notification pop up to download their hacked version of Sparrow. You should NEVER USE A BARE DESKTOP WALLET. EVER. And THIS IS WHY. If you want a free wallet, use a phone app. Phones are not prone to malware; apps run in virtual containers, and the app/play store is currated. If you use Sparrow, or Electrum, use them with a hardware wallet!! You are lucky it was *only* 900k sats. That was a cheap way to learn this lesson.
I said "USE" it. It's a currency, right?
Just put it in a safe spot, keep your seed words safe at a place YOU trust. USE a good wallet, hw wallet or any of your prefence, avoid clicking links online and using email on the computer you use for crypto purchases/holdings. BE SAFE, USE CONDOMS
I think you're missing my entire point, at no point in time would you USE God's Unchained assets- in the sense that you would be re-using images or mechanics that would be considered copyright infringement. Instead what you would do would be to create a NEW game, new art, new mechanics the whole kit and kaboodle. What you could do to drive new users would be to say hey! if you own assets from this smart contract (0xacb3c6a43d15b907e8433077b6d38ae40936fe2c) and connect your wallet to our game we will issue you cards based on your current collection. Whether this is in the form of issuing new NFT's or taking a card you own (black jaguar for instance, https://market.immutable.com/collections/0xacb3c6a43d15b907e8433077b6d38ae40936fe2c/assets/18168789) and representing it with new artwork. As to why someone would do this, there exists a scenario where it is someone's passion project with the former community or they are looking for a way to jumpstart their user base, I would be hesitant to start another crypto-based TCG, but if a project started that would use my assets by scanning my wallet for NFT's from the gods unchained smart contract and then using those numbers to represent different assets on screen or to issue new NFT's, then I would be much more likely to give it a play test and potentially invest more capital if gameplay was fun
During the early days of Bitcoin there was proportionally more barter for goods and services than there is today. More people looking to USE Bitcoin than to "invest" in fiat gains. Yet there is no difference between trading BTC for fiat and trading BTC for a lawnmower; only when you "sell" for fiat you support the fiat system. Some people here are proud of that.
Cold wallets. Anybody who doesn't trust himself or herself to secure their seed words probably shouldn't be in crypto in the first place. Step 1: Write down your seed words on paper. Then make a backup on metal (Cryptosteel, for example). Step 2: Put your paper and metal backup somewhere only you have access to. Somewhere you'll never forget. Step 3: Create a repeating reminder in your calendar app that says something like "Confirm my seed and check my wallet." Have it repeat once every six months. This may seem like overkill now, but as your crypto holdings increase, you'll realize how important it is to check up on things. Last, but not least: DON'T USE A LEDGER. For a trustworthy cold wallet, don't trust any code that can't be verified. For example: Do Ledger wallets have a backdoor? > There's no backdoor and I obviously can't prove it > SOURCE: [btchip, Ledger owner & co-founder](https://np.reddit.com/r/ledgerwallet/comments/13itm7u/is_there_a_backdoor_yes_or_no/jkbvys7/) ...they can't prove it. That means you can't trust it. Don't trust companies that aren't honest. The following was a lie: > Your keys are always stored on your device and never leave it > SOURCE: [btchip, Ledger Co-Founder, on May 14th, 2023](https://np.reddit.com/r/ledgerwallet/comments/13gs0xn/using_ledger_with_3rd_party_wallets/jk34kcn/) ...then Ledger added key extraction firmware to users devices. Don't trust companies that sell products which risk your privacy: > "If, for you, your privacy is of the utmost importance, please do not use that product, for sure." > SOURCE: [Ledger CEO Pascal Gauthier, on video](https://youtu.be/M3VjQUcyZSY?t=2342) ...he said that about one of his own products. For sure. Don't trust companies that can't even keep their data secure. Ledger has been hacked: > Ledger wallet users face mounting home invasion and other scareware threats as hacker dumps private customer information online. > SOURCE: [Cointelegraph, December 24th, 2020](https://cointelegraph.com/news/ledger-data-leak-a-simple-mistake-exposed-270k-crypto-wallet-buyers) ...if they can't even keep *their* data secure, don't trust them with yours. And don't trust companies that refuse to answer questions: Ledger is [deleting questions](https://np.reddit.com/r/ledgerwallet/comments/13itm7u/is_there_a_backdoor_yes_or_no/jkbvys7/) in comments on their sub. Ledger is [shadowbanning](https://np.reddit.com/r/ledgerwallet/comments/144439c/ledger_please_answer_this_question/) the users who ask them. Ledger is [scrubbing their website](https://np.reddit.com/r/ledgerwallet/comments/13z1yew/ledger_updates_academy_articles/) to remove claims they've been making for years. Ledger is dirty. Ledger Can't Be Trusted. So, if anyone has read this far, maybe you're wondering which hardware wallets you CAN trust. Lots! ColdCard, Jade, Trezor, SeedSigner (one of my personal favorites) and others... basically, look for open source code. Open source all the way. And eff Ledger. They're dirty.
DO. NOT. FUCKING. USE. SIM. F2A. People never fucking learn.
>If you want coins that have been tested through the market historically, then Litecoin, XRP, ADA, and even Doge I’d say. People might laugh, but Doge has staying power. And people are willing to actually USE it as currency.
Sorry typo, should have been "why would you USE money". Answer is - you would use it because you want to buy stuff. But rereading your comment I think you meant to ask "why would I use this one instead of some other one that is more stable". Yes, that is a valid concern and of course Bitcoin being in the price discovery phase and not massively adopted, it is very volatile. Thus you'd use Bitcoin as a currency in these days if the other benefits that are coming with it outweigh the risks of the mentioned instability. For example, while Bitcoin is volatile, in long term the price in fiat terms goes up as fiat printers are historically never stopping for long. Thus you would for example accept Bitcoin for your work if you did not that money in a short term. Or you would accept it because the fees are low on it compared to say Western Union transfers. Or because of taxes. etc.
It’s ironic that after so many years of r/Bitcoin, people forget that BITCOIN IS MONEY, YOU DONT NEED A FUCKING “ON/OFF RAMP” TO USE MONEY, GODDAMNIT!
If the worst inflation is behind us and Algorand is continuing to build and make inroads toward adoption, why would I be bearish? The circulating supply is going to buyers and ppl participating in governance and chasing the incentives, which I've done. Honestly, I think post like this are for people who just buy and hold a base token on a CEX and really don't understand how to USE a blockchain ecosystem. If you were in Algorand and were participating, you'd have a different perspective. How much can someone really know about crypto if they're only into BTC and ETH, with moons as their gamble. Bro do u even crypto?
Here's some numbers that might blow your mind. \- To just get into the top 1% of net worth in the U.S. in 2022 you had to have a MINIMUM of $10,815,000 in net worth \- The U.S. consists of 314 Million people with an average age of 38 \- Arguably, it should be relatively easy for these millionaires to purchase just 1 bitcoin, if not 5 - hell they have AT LEAST 10 million dollars on hand \- You have an opportunity right now to own a bitcoin for $26k or whatever it's at right now. It's only this low because all the people with all the money still don't understand it and they have their money in real estate, bonds, stocks, and gold. When this older generation (who don't even USE THE INTERNET) dies and leaves this wealth to the next generation, what do you think the younger generation is going to invest in.... \- Remember, this is only the U.S..... 21 million is actually a very small number
True. Bitcoin already can’t even get many people to USE it.
Honestly. I've been in this space since 2016. EVERY TIME I USE ETH. I feel violated be gas costs. I don't fuck with Eth. I do respect it, I always tell people BTC 1st ETH 2nd, then once you understand those you can shitcoin... . I'm just poor and priced out of eth ...
Abruptly is a MUST USE word when whales move their funds after more than 5 years
If you're in Canada and trying out Coinbase for the 1st time, USE the Advanced Trade feature for low fees!!!
I think this post doesn’t take into count the ACTUAL USE CASES FOR BLOCKCHAIN TECH. I could see market (total) not reaching new ATHs, but if that happens, I believe it will be because the thousands of useless coins will wash away and all of those funds will funnel into the quality useful cryptos.
Rule number one ​ Never USE TELEGRAM
As a tip, if you own ETH and want to start using mainnet, USE POLYGON FIRST, learn how stuff works before you do it on mainnet, you WILL HURT if your TX fails and you paid like my colleague over here said 150$...
Ahhh RCC the sub where your meme coin is cringe and useless and you’re an idiot for investing but THEIR useless meme coin given out to karma farmers makes you “BULLISHT” Lolol what’s the USE CASE this sub has bullied us about sue case. Get these plastic bloody coins off my screen. Moons do NOTHING. you just giddy about some free money.
It would tank because it holds no use case and is only pumps because of Elon. before you say “what????” This sub literally rubs themselves to this phrase USE CASE. By that logic shib will rocket up the charts and probably be a top five crypto because all the doge people will come on board. You HAVE to like this take and you CANNOT disagree with me because I’m just parroting everything you people told me about crypto
If you USE alts you buy alts and not bitcoin .
I absolutely don’t want there to be a state by state regulatory framework. It needs to be federally controlled (and should be as the crossing of state lines and international flow should only be worked by feds). I’d only repeat what everyone else has said, more regulation, make it safer make it open and easier AND FOR GODS SAKE CRYPTO HAS TO FIND A WAY TO ALLOW MY MOTHER TO USE IT. EVERY TIME I SEND MONEY FROM ONE WALLET TO THE OTHER MY NUTS CRAWL WITH ANXIETY
This is absolutely retarded advice. People post on this sub all the time because they've lost their savings because of these setups. A hardware wallet costs 100 bucks for crying out loud. DO NOT USE GENERAL PURPOSE COMPUTERS AS HARDWARE WALLETS.
I will print letters and spread emails plus spam social media with Moon propaganda if I have to. JUST USE IT SO WE CAN GET THAT LAMBO
LMFAO THESE MOTHERFUCKERS ARE CHARGING 500 OR 900 USD FOR A SATELLITE TO USE THIS 😂😂😂😂😂😂😂 https://store.blockstream.com/product-category/satellite_kits/
The problem with biometrics is… that you only have 1 (set). If your data is compromised, there is no “reset password”… its checkmate, mate. Can’t get new eyeballs. Can’t get a new fingerprint. Can’t get a new face either, but that one seems to be practically public information now already - in the span of about 2 years. EVERYONE WILLINGLY GAVE THEIR FACIAL METRICS TO USE THEIR “SMART” PHONE. We are, just sheep after all
DONT USE MEXC!!! There was multiple reports of their customer service freezing up accounts of profitable traders, and other similar shady stuff (like legit sus fill price). Find another exchange that provide leverage. I would have recommended Kucoin, but unfortunately, kyc is mandatory now.
I'm using the one linked in the post "USE THIS TEMPLATE" all of vertical 461 is blue, but it's wasted space and letters could be moved one pixel right to reduce total area we're working on
Klick on >USE THIS TEMPLATE in the post. Decide for one pixel. First number is X-coordinate, Second number is Y-coordinate. Go to r/place and place the pixel in the number which is displayed in our template.
>USE THIS TEMPLATE What is that? I can't tell
CBDC is bad and we already have plenty other options USE THEM.
>Even if banks "adapted" xrp. THEY WON'T REALLY USE XRP but another coin will be used, and xrp are just used for confirmation Bank A, B and C join Ripplenet, each create their own coin. now in order for them to enable trading using their own coins they need to * create the liquidity required between all 3 of them. * each now need to hold each others coin to facilitate trade which locks up capital that would be working capital otherwise * drive volume and accept each others token at face value. the issue gets worse the more banks you add, The other solution is they could just use a bridge asset to solve all of those problems for them (like XRP) >There's really no use for xrp you can argue it can also be like bitcoin as a store of value but why not just buy bitcoin? It's safer and more decentralized. Bridge asset which provides liquidity and enables trade. Bitcoin is 2 slow, 2 costly and you have to end up with Bitcoin in the end. if I do business with my partners in Thailand and I use a lot of Thai Baht, I dont want to have to keep paying large fees converting Bitcoin with a partner bank in Thailand, just so I can pay my business partners. Multiply this issue by each company and each country they do business in. Suddenly it becomes a massive cost/headache all because I wanted to try and use Bitcoin which does a poor job of solving this problem for me. it instead seems to create more problems instead of solving them with this use case. BTC https://i.imgur.com/sYKdwdv.jpg XRP https://i.imgur.com/4iu05Tt.jpg tell me which is more decentralized. >When i was a fan boy most of xrp are under ripple labs and wether we like it or not they need to sell some for whatever reason, and we get affected. they affect themselves the most tho, so its in their best interest to increase price no decrease it. Them being the largest holder gives them the power to shoot themselves in the foot the most. >Im not sure if that stellar lumens guy already sold his xrp stack, but when i was a fan boy, he was dumping regularly, and it hurts. https://bithomp.com/explorer/rEhKZcz5Ndjm9BzZmmKrtvhXPnSWByssDv here is jeds wallet he has 157.68 Total XRP left. There is no Correlation between Jeds sales and price appreciation or depreciation. his sales were structed purely off of daily volume so that he was only allowed to sell a drop into the ocean of volume every day. >It's already at 41b marketcap if its at ath, it will be at 160b+ marketcap. Possible? Yes, it is, but I'll just buy eth if i need like a x2 or x3 and eth has more use case Eth is between a 2-3X ATH. XRP at current price of 78cents is 5x from ATH. With Hooks, NFTs, XLS-30 there is actually nothing Eth can do that XRP cant. and in fact with how the automated market maker functions the XRPL there are many things ETH wont be able to do that XRP does.
Because 1. Even if banks "adapted" xrp. THEY WON'T REALLY USE XRP but another coin will be used, and xrp are just used for confirmation 2. There's really no use for xrp you can argue it can also be like bitcoin as a store of value but why not just buy bitcoin? It's safer and more decentralized. 3. When i was a fan boy most of xrp are under ripple labs and wether we like it or not they neef to sell some for whatever reason adn we get affected. 4. Im not sure if that stellar lumens guy already sold his xrp stack but when i was a fan boy he was dumping regularly and it hurts. 5. It's already at 41b marketcap if its at ath it will be at 160b+ marketcap. Possible? Yes it is but I'll just buy eth if i need like a x2 or x3 and eth has more use case
Patience prevails. Find and USE your fav projects and DCA into them, then move on with life... all good things come to those who can wait and be patient. Time flies when your mind is occupied with other life things.
Yeah. We will probably burn alive or get washed away in some crazy weather before bitcoins purpose is realized. Especially considering electricity is probably the biggest impact to the world heating up. We lose like 70% of our energy through transmission (the way we distribute electricity from power plants across vast distances). That loss can be translated into heat. Just think how hot electronics get. Now consider how the modern world is operated by electricity in Just about every way. People be like "oh no mining is bad for the environment". BITCH, EVERY ELECTRICAL DEVICE WE USE IS BAD FOR THE ENVIRONMENT. Yet you rarely see anyone bringing up technology as being the driving force for global warming. You see cows shitting, vehicle exaughst, oil, etc. But rarely do you see someone point out how the modern world is made up of vast country sized computers heating up the earth. Even if we went full solar, or some other sustainable energy, we would still have the problem that electricity and energy in general produces heat. It's un-natural and is quite litterally killing nature.. but maybe someday we will figure out how to apply liquid cooling to our infrastructure.
DO NOT USE MARGIN Better buy high, sell low
you fool, bitcoin is for sitting on like a fat dragon hoarding trinkets. not for USE.
How to prevent one: DO NOT USE A FUCKING PHONE NUMBER FOR AUTHENTICATION. Fuck whatsapp for teaching people bad opsec. A phone number is no secure way to identify a person.
Yep. Tis true >brokerages and for the consultants to defraud anyone on an etf. Come now.. are you REALLY that naïve on ETFs... of course they the billionare boys club legally does... they USE FTD and naked short selling to create "paper IOU securities" ETFs constitute 10% of U.S. equity market capitalization but over 20% of short interest and 78% of failuresto-deliver. While this disproportionate share of short activity has raised concerns about excessive shorting/naked short-selling of ETFs, we identify an alternative source of ETF shorting related to creation/redemption activities. This source, “operational shorting”, is associated with improved liquidity, but it is also associated with increased systemic risk. In exploring possible mechanisms for this risk relationship, we document a commonality in operational shorting across ETFs that share the same authorized participant and the financial leverage of the authorized participant appears to amplify this commonality.Read more below or.... [https://jacobslevycenter.wharton.upenn.edu/wp-content/uploads/2018/08/ETF-Short-Interest-and-Failures-to-Deliver.pdf](https://jacobslevycenter.wharton.upenn.edu/wp-content/uploads/2018/08/ETF-Short-Interest-and-Failures-to-Deliver.pdf) if reading is not your thing.. here is the youtube video the link was [https://jacobslevycenter.wharton.upenn.edu](https://jacobslevycenter.wharton.upenn.edu) ok and the title I just linked ETF-Short-Interest-and-Failures-to-Deliver.pdf What is the youtube video called ETF Short Interest and Failures-to-Deliver: Naked Short Selling or Operational Shorting? who is this by Jacobs Levy Center at the Wharton School what was the link above? [https://www.youtube.com/watch?v=ncq35zrFCAg](https://www.youtube.com/watch?v=ncq35zrFCAg) Yep checks out anyways Regulations allow market makers to short sell without borrowing stock, and the transactions of a major options market maker show that in most hard-to-borrow situations, it chooses not to borrow and instead fails to deliver stock to its buyers. Some of the value of failing passes through to option prices: when failing is cheaper than borrowing, the relation between borrowing costs and option prices is significantly weaker. The remaining value is profit to the market maker, and its ability to profit despite the usual competition between market makers appears to result from a cost advantage of larger market makers at failing. TLDR: APs, like Citadel, use ETFs to provide liquidity. When there are lots of buyers (gamestop in January), it’s their job to make sure those buyers have sellers to reduce volatility. Yes, stopping squeezes is a large part of their job. They do this by buying ETF shares and selling the GME inside. BUT the SEC has made a series of exemptions for APs that allows them to sell ETF shares up to 6 days before depositing the securities needed for creation. It’s selling before buying, and not locating shares to borrow. That’s naked shorting, up to 50,000 shares at a time. And the securities needed for deposit within 6 days, the ones naked shorted? They go unreported as part of bona fide market making. That’s where (some of) the shares are. In this post, I go looking for them. If you want more on that Goggle "RIP /u/leavemeanon \- WHERE ARE THE SHARES"
1000% operational naked short selling See >brokerages and for the consultants to defraud anyone on an etf. Come now.. are you REALLY that naïve on ETFs... of course they the billionare boys club legally does... they USE FTD and naked short selling to create "paper IOU securities" ETFs constitute 10% of U.S. equity market capitalization but over 20% of short interest and 78% of failuresto-deliver. While this disproportionate share of short activity has raised concerns about excessive shorting/naked short-selling of ETFs, we identify an alternative source of ETF shorting related to creation/redemption activities. This source, “operational shorting”, is associated with improved liquidity, but it is also associated with increased systemic risk. In exploring possible mechanisms for this risk relationship, we document a commonality in operational shorting across ETFs that share the same authorized participant and the financial leverage of the authorized participant appears to amplify this commonality.Read more below or.... [https://jacobslevycenter.wharton.upenn.edu/wp-content/uploads/2018/08/ETF-Short-Interest-and-Failures-to-Deliver.pdf](https://jacobslevycenter.wharton.upenn.edu/wp-content/uploads/2018/08/ETF-Short-Interest-and-Failures-to-Deliver.pdf) if reading is not your thing.. here is the youtube video the link was [https://jacobslevycenter.wharton.upenn.edu](https://jacobslevycenter.wharton.upenn.edu) ok and the title I just linked ETF-Short-Interest-and-Failures-to-Deliver.pdf What is the youtube video called ETF Short Interest and Failures-to-Deliver: Naked Short Selling or Operational Shorting? who is this by Jacobs Levy Center at the Wharton School what was the link above? [https://www.youtube.com/watch?v=ncq35zrFCAg](https://www.youtube.com/watch?v=ncq35zrFCAg) Yep checks out anyways Regulations allow market makers to short sell without borrowing stock, and the transactions of a major options market maker show that in most hard-to-borrow situations, it chooses not to borrow and instead fails to deliver stock to its buyers. Some of the value of failing passes through to option prices: when failing is cheaper than borrowing, the relation between borrowing costs and option prices is significantly weaker. The remaining value is profit to the market maker, and its ability to profit despite the usual competition between market makers appears to result from a cost advantage of larger market makers at failing. TLDR: APs, like Citadel, use ETFs to provide liquidity. When there are lots of buyers (gamestop in January), it’s their job to make sure those buyers have sellers to reduce volatility. Yes, stopping squeezes is a large part of their job. They do this by buying ETF shares and selling the GME inside. BUT the SEC has made a series of exemptions for APs that allows them to sell ETF shares up to 6 days before depositing the securities needed for creation. It’s selling before buying, and not locating shares to borrow. That’s naked shorting, up to 50,000 shares at a time. And the securities needed for deposit within 6 days, the ones naked shorted? They go unreported as part of bona fide market making. That’s where (some of) the shares are. In this post, I go looking for them. If you want more on that Goggle "RIP /u/leavemeanon \- WHERE ARE THE SHARES"
No they don't because the could be short BTC and you don't know that. Littlerly making iou funny bitcoins shorts don't need to report. >brokerages and for the consultants to defraud anyone on an etf. Come now.. are you REALLY that naïve on ETFs... of course they the billionare boys club legally does... they USE FTD and naked short selling to create "paper IOU securities" ETFs constitute 10% of U.S. equity market capitalization but over 20% of short interest and 78% of failuresto-deliver. While this disproportionate share of short activity has raised concerns about excessive shorting/naked short-selling of ETFs, we identify an alternative source of ETF shorting related to creation/redemption activities. This source, “operational shorting”, is associated with improved liquidity, but it is also associated with increased systemic risk. In exploring possible mechanisms for this risk relationship, we document a commonality in operational shorting across ETFs that share the same authorized participant and the financial leverage of the authorized participant appears to amplify this commonality.Read more below or.... [https://jacobslevycenter.wharton.upenn.edu/wp-content/uploads/2018/08/ETF-Short-Interest-and-Failures-to-Deliver.pdf](https://jacobslevycenter.wharton.upenn.edu/wp-content/uploads/2018/08/ETF-Short-Interest-and-Failures-to-Deliver.pdf) if reading is not your thing.. here is the youtube video the link was [https://jacobslevycenter.wharton.upenn.edu](https://jacobslevycenter.wharton.upenn.edu) ok and the title I just linked ETF-Short-Interest-and-Failures-to-Deliver.pdf What is the youtube video called ETF Short Interest and Failures-to-Deliver: Naked Short Selling or Operational Shorting? who is this by Jacobs Levy Center at the Wharton School what was the link above? [https://www.youtube.com/watch?v=ncq35zrFCAg](https://www.youtube.com/watch?v=ncq35zrFCAg) Yep checks out anyways Regulations allow market makers to short sell without borrowing stock, and the transactions of a major options market maker show that in most hard-to-borrow situations, it chooses not to borrow and instead fails to deliver stock to its buyers. Some of the value of failing passes through to option prices: when failing is cheaper than borrowing, the relation between borrowing costs and option prices is significantly weaker. The remaining value is profit to the market maker, and its ability to profit despite the usual competition between market makers appears to result from a cost advantage of larger market makers at failing. TLDR: APs, like Citadel, use ETFs to provide liquidity. When there are lots of buyers (gamestop in January), it’s their job to make sure those buyers have sellers to reduce volatility. Yes, stopping squeezes is a large part of their job. They do this by buying ETF shares and selling the GME inside. BUT the SEC has made a series of exemptions for APs that allows them to sell ETF shares up to 6 days before depositing the securities needed for creation. It’s selling before buying, and not locating shares to borrow. That’s naked shorting, up to 50,000 shares at a time. And the securities needed for deposit within 6 days, the ones naked shorted? They go unreported as part of bona fide market making. That’s where (some of) the shares are. In this post, I go looking for them. If you want more on that Goggle "RIP /u/leavemeanon \- WHERE ARE THE SHARES"
Yes See >brokerages and for the consultants to defraud anyone on an etf. Come now.. are you REALLY that naïve on ETFs... of course they the billionare boys club legally does... they USE FTD and naked short selling to create "paper IOU securities" ETFs constitute 10% of U.S. equity market capitalization but over 20% of short interest and 78% of failuresto-deliver. While this disproportionate share of short activity has raised concerns about excessive shorting/naked short-selling of ETFs, we identify an alternative source of ETF shorting related to creation/redemption activities. This source, “operational shorting”, is associated with improved liquidity, but it is also associated with increased systemic risk. In exploring possible mechanisms for this risk relationship, we document a commonality in operational shorting across ETFs that share the same authorized participant and the financial leverage of the authorized participant appears to amplify this commonality.Read more below or.... [https://jacobslevycenter.wharton.upenn.edu/wp-content/uploads/2018/08/ETF-Short-Interest-and-Failures-to-Deliver.pdf](https://jacobslevycenter.wharton.upenn.edu/wp-content/uploads/2018/08/ETF-Short-Interest-and-Failures-to-Deliver.pdf) if reading is not your thing.. here is the youtube video the link was [https://jacobslevycenter.wharton.upenn.edu](https://jacobslevycenter.wharton.upenn.edu) ok and the title I just linked ETF-Short-Interest-and-Failures-to-Deliver.pdf What is the youtube video called ETF Short Interest and Failures-to-Deliver: Naked Short Selling or Operational Shorting? who is this by Jacobs Levy Center at the Wharton School what was the link above? [https://www.youtube.com/watch?v=ncq35zrFCAg](https://www.youtube.com/watch?v=ncq35zrFCAg) Yep checks out anyways Regulations allow market makers to short sell without borrowing stock, and the transactions of a major options market maker show that in most hard-to-borrow situations, it chooses not to borrow and instead fails to deliver stock to its buyers. Some of the value of failing passes through to option prices: when failing is cheaper than borrowing, the relation between borrowing costs and option prices is significantly weaker. The remaining value is profit to the market maker, and its ability to profit despite the usual competition between market makers appears to result from a cost advantage of larger market makers at failing. TLDR: APs, like Citadel, use ETFs to provide liquidity. When there are lots of buyers (gamestop in January), it’s their job to make sure those buyers have sellers to reduce volatility. Yes, stopping squeezes is a large part of their job. They do this by buying ETF shares and selling the GME inside. BUT the SEC has made a series of exemptions for APs that allows them to sell ETF shares up to 6 days before depositing the securities needed for creation. It’s selling before buying, and not locating shares to borrow. That’s naked shorting, up to 50,000 shares at a time. And the securities needed for deposit within 6 days, the ones naked shorted? They go unreported as part of bona fide market making. That’s where (some of) the shares are. In this post, I go looking for them. If you want more on that Goggle "RIP /u/leavemeanon \- WHERE ARE THE SHARES"
Republicans who believe trump’s lies are stupid. Believing lies with 0 proof makes you stupid by definition. I’m not prejudiced toward ripple because I hold xrp. I hold xrp because I have done shitloads of research. I bought xrp years ago because I saw this day coming. What you call “prejudice” is what I call the benefit of having a plan based on knowledge and information. Same reason I hold xlm. Same reason I hold algorand, hbar, Xdc. There is a REAL WORLD USE for these technologies. Jpegs of apes is NOT the basis of the new global financial system. Eth is garbage. Btc is useless. Don’t believe the hype. This is the literal definition of “do your own research”
Please keep in mind this is all my opinion, and while it’s well-informed and rigorously tested, it is my own and I’m subject to fallibility and ought not be trusted. With that said…. *cracks knuckles* -“What do you do with Bitcoin besides hoard it? I mean, what would I do with it? I can't pay my mortgage or buy food or clothes or tuition. Purchase a car.” For smaller transactions (e.g., food or clothes), “I” might do so by utilizing bitcoin-only based companies that allow for a seamless transition from bitcoin into the FIAT medium of choice/circumstance (e.g., gift cards, hard cash, VISA prepaid cards, etc). For larger, more predictable transactions (e.g., mortgage, tuition, purchasing a car) I might choose to utilize personal loans, using bitcoin as collateral via multi-sig best practices. -“...idk. I have some, but I question why? I'm new to it, I don't understand much more than it's supposed to rise in value…” There is a common trope in most bitcoin-related conversations that I’ve observed- “number go up technology.” This is one of the incentives of bitcoin’s monetary policies known as a fixed supply. In other words, bitcoin is scarce. I could argue that bitcoin is so scarce that it flips the the monopoly game-board over, and this is probably why it’s your first layer of understanding bitcoin. I think most will come to first. Putting aside the asset quality of bitcoin, I have yet to find another money that goes up in value over time, predictably and with near certainty than bitcoin does. If you find one please let me know. “…so I keep it. I bought it 1½ years ago (the worst time to buy), and now it's worth less than ½ what I paid.” (I say this with sincerity, congratulations and a bit of sarcasm) Welcome to the club, we meet every Tuesday for donuts and coffee. You’re now a part of the fear-of-missing-out (FOMO) bitcoin club. You swallowed [your pride] and took the “hit.” It is my experienced opinion you have more self-ownership than most. Dare I say you’ve got a self-sovereign mindset. Now take this badge - in time you’ll learn to see what honor this truly carriers. Teasing aside, the key is to dollar-cost-average into bitcoin over a long period of time. I recommend 10 years, but it’s dependent on your situation and goals. Ten years is ample time, if combined with careful planning and realistic expectations to match one’s individual situation and goals, at detangling from the existing system’s control over your time. Doing so prevents you from ever having to swallow your pride and take that hit again. This goes for many more reasons than the common FOMO. For what it’s worth, at least you didn’t sell and won’t join another bitcoin-club. One club is enough, and that’s the club of the self-sovereign. -“** I'm not complaining at all!! ** I want to know. I just want to understand where it's going.” Frankly, that’s one of the primary reasons I’m giving away some of my stored time here - to lend a hand to those who sincerely are searching for it. *Extends hand* -“What's the endgame for Bitcoin?” That’s like asking what the end goal of 2001: A Space Odyssey. But I’ll give it a try…. The endgame for Bitcoin is for the individual to have the option take ownership of their time. One might conclude it’s a return to humanity and nature, possibly even God (in the broadest and most collective sense of the word). Is this hyperbolic? Maybe, but I’m a bit of a dreamer. The author(s) of bitcoin may not have had these intentions. For all we know they might have simply wanted to make a better money that other people can’t mess with without an ‘ungodly’ amount of effort and engery. Regardless, the protocol incentives this outcome, or so it appears to be that way. A good place to start verifying this for yourself is take some time to read up on the existing infrastructure that the bitcoin ledger is supported and protected by - it’s impressive and purposefully ignored (my opinion) by the loudest of media, and it (bitcoin’s network) has not even been around for two decades. -“I'm hearing 125.k in 2024. Others say 250.k. But what will that mean? It doesn't replace the dollar, but is it supposed to?” Most everyone either doesn’t know what their talking about, is trying to sell you something (e.g., hope, fear, supplements, etc.) or is trying to convince themselves of what they think they believe, that goes for the bitcoin space, and, most assuredly, the crypto space. The near future “price” doesn’t mean crap aside from the fact that it reflects the state of bitcoin’s monetization stage, a process which includes the snake-oil sales industry and every other rent-seeking incentive driven plan that stumbles across bitcoin. No one knows what the price of bitcoin will be tomorrow because no one can predict the existing financial system’s monetary policies. The world is an immensely complex system that few, if any, understand. The near-perfect predicability of bitcoin’s monetary policies are melding with the unpredictable aspect of the financialized world, and both will eventually (I think) balance one another out. This might even be one of bitcoin’s end goals. It likely won’t replace the ‘dollar’ (or whatever king FIAT exists) because the dollar as a medium of exchange because, simply put, it has its use and is derived from a rich history of money. However, bitcoin will likely replace the dollar in the sense that the finalized world uses it as a way to represent the cost of engery. This is one of the reasons why the bitcoin mining industry is a such a big deal, and will likely become the next path for most people’s understanding of bitcoin. It’s said that engery is the lifeblood of civilization, and I tend to agree. -“Your post doesn't outline (for me) the USE for bitcoin, how are you so much more sovereign, what do you or anyone DO with Bitcoin besides talk about it, buy it, hold it, defend it, promote it?” I cannot speak for others or for you and your unique life, and to be fair to me for once (/s), I’ve not spoken of, defended or promoted bitcoin to anyone in person or online or a very long time. I prefer not to give specifics, but let’s just say it has been longer than a lot of the current loud crypto-space voices…who, may I remind you, want to sell you something. I am choosing to discuss it online now because I have something worth saying that will benefit other people, and doing so benefits me because we’re the same thing, living in a shared reality, and want the same things (mostly). For personal reasons, this medium is a good start. I primarily use bitcoin to secure my stored engery (i.e., the fruits of my labor and time spent producing wealth). I may use it as a medium of exchange through all the examples I’ve already given in this thread. I’ll also give some away by spending some of my stored time here with you and anyone else that I can assist in a meaningful way. The uses of bitcoin are endless and I’m willing to bet they’ll be useful to you as well as time goes on. On an even more personal level…. I’ve used the term, ‘self-sovereign’ here as the simplest way to convey the lifestyle that requires a high degree of responsibility and self-custody over one’s stored wealth. For example, I do not need the permission of any bank or 3rd party to access or utilize my stored wealth. My stored wealth is not vulnerable to (with an acceptable level of risk) the incentives of the existing centralized financial system. I can flow easily within the existing system, using bitcoin’s fungible properties, addressing most any demands of the existing ‘system.’ And, as time has gone on, my immunity to Central Bank and Government Planning (when it comes money) grows ever stronger. These are some of the examples I use to measure my level of becoming self-sovereign. The destruction of the existing system is not necessary. While understandable and justifiable, working towards the collapse of the system is not the, in my humble opinion, the best outcome for all of us. The existing system has allowed us, for better or worse, to trade and communicate value with one another. It is an old and grumbling system, rot with corruption and repulsive incentives. But, it’s our system, and as individuals who are apart of the current Empire we have a responsibility to treat it with respect because a lot of blood has been spilled on its back that almost everyone alive today had no say over. It is also my humble opinion bitcoin is a step in the right direction for avoiding more of any unnecessary blood to be spilled to meet the demands of our shared system(s). Ditribe over. P.s., You mentioned a bit of confusion around price predictions. May I suggest that over the next couple of years, pay attention to the price and what those with the loudest voices say about it. Keep track and look upon it later when your stack starts making you nervous about understanding the importance of self-custody. You may find the incentives of those voices as clear as bitcoin’s verifiability. I know I did.
So, I've got it basically set up, in the most ordinary way. I've got my seed words written down (obviously not the ones in the pic lol), and it says it is ready to sign transactions. But, it's not like Ledger or Trezor, in that it doesn't seem to have it's own firmware, or if it does, that's not really so clear just from the device. There is no instruction manual or anything. When I click on "Ready to Sign", it then says "Coldcard is ready to sign spending transactions! Put the proposed transactions onto MicroSD card in PSBT format (Partially Signed Bitcoin Transaction) or upload a transaction to be signed from your desktop wallet software or command line tools. " So, in other words, it's not like, obvious how to use this thing. It clearly requires some additional "nuts and bolts" kind of knowledge, which I will do, but honestly, I didn't know it would be this difficult. Also, I didn't think to get an SD card (don't think I have one, will have to buy separately) or their USB-charger device for it. So it's got some additional accessories required it seems. Also, and this is big - I do NOT LIKE the scroll keys on it, keys 5 and 8, which scroll up and down, they are PAIN TO USE!! I can already tell this feature is going to be ANNOYING AS ALL HADES. Those buttons don't work well and you have to press them like, twice just to get them to register that they've been pressed. Whereas the other keys seem more responsive. Not sure I'd recommend this wallet to someone without good knowledge and expertise! Who knows, maybe it will grow on me. : - \\
What do you do with Bitcoin besides hoard it? I mean, what would I do with it? I can't pay my mortgage or buy food or clothes or tuition. Purchase a car....idk. I have some, but I question why? I'm new to it, I don't understand much more than it's supposed to rise in value, so I keep it. I bought it 1½ years ago (the worst time to buy), and now it's worth less than ½ what I paid. It's a gamble, so I just swallowed and took the hit. ** I'm not complaining at all!! ** I want to know. I just want to understand where it's going. What's the endgame for Bitcoin? I'm hearing 125.k in 2024. Others say 250.k. But what will that mean? It doesn't replace the dollar, but is it supposed to? Your post doesn't outline (for me) the USE for bitcoin, how are you so much more sovereign, what do you or anyone DO with Bitcoin besides talk about it, buy it, hold it, defend it, promote it?
I love Sonic, the music was great. ​ WHY DIDNT THEY USE THE MUSIC IN THE MOVIE?
USE Bitcoin, so we can all enjoy it. "Buying" just funds the exchanges.
Exactly why I DO NOT USE WALLETS
NEVER USE LEVERAGE U might be thinking if i had leveraged 10000$ from my dad i would have made 50000$ It doesn't work that way. U win in small amounts but you lose bigand then u stay in crypto to make it all back Like me
But you are going to have to USE it at some point, which may involve selling it. How else do you imagine you are going to make use of any appreciation? If it just sits there, it is of no use to you. BTC is likely to NEVER be a viable currency on its own. Like -- you won't be able to buy a retirement pad with it. So you will have to sell and convert to fiat.
Here’s a step-by-step process to quite conclusively prove that the vast majority of Bitcoin holders are quite conclusively in profit. 1. Carefully adjust your Bitcoin chart to the “10 year” time frame. 2. Observe that (for the vast majority of the time) Bitcoins current price is lower than the price of Bitcoin today. 3. With your high-level analysis now complete, you can quite conclusively assume that the vast majority of those who ever purchased Bitcoin must have purchased it below today’s price and thus have profited quite conclusively. Some takeaways: 1. Remember to always purchase your Bitcoin below whatever the current price is to ensure that you will remain among the majority of highly profitable Bitcoin holders. 2. DO NOT USE A TWO YEAR TIME FRAME BECAUSE THERES NOTHING TO SEE THERE AND BESIDES VERY FEW PEOPLE BOUGHT BITCOIN AT THAT TIME EXCEPT FOR A MICROSCOPIC MINORITY OF EXTREMELY DUMB LOSERS.
Because I said "People do use Crypto IRL" and you went "GO ON THEN TELL ME EXACTLY HOW SPECIFICALLY YOU USE IT" The company in question uses VeChain because they are required to document the origin of the raw materials of their products and I guess blockchain offers them a guaranteed way to do it rather than passing over an .xls file which says "Everything is totally cool" - now whoever wants to can verify it themselves, kinda the point of Blockchain right?
Their discord is a laugh. I mentioned something in passing about how stablecoins are useful and some idiot jumped on me demanding I explain what's good about them and wouldn't leave me alone lmao. I'm 100% only in it for the money, and don't care about crypto either way. I tried to explain this, but he was having none of it, and demanded I explain in great detail about why stablecoins are good. WHY WOULD SOMEONE IN CRYPTO FOR THE MONEY EVEN LOOK INTO STABLECOINS? THEIR PRICES DON'T MOVE, THERE'S NO PROFIT IN THEM! I JUST KNOW THEY'RE BACKED BY A FIAT CURRENCY AND PEOPLE ACTUALLY USE THEM! He knows best about these things though, he's doing a DOUBLE degree in economics and something else. Imagine that, not even a qualified economist and thinks he is an expert! Hopefully he' still in his first year and hasn't grown out of his "I'M DOING A DEGREE I'M THE SMARTEST" phase. He has a bright future writing for The Guardian, I'm sure. Needless to say, I got banned. Apparently disagreeing with them makes your personality "abrasive".
What everyone fails to mention is that both cold and hot storage have risks: Risks of cold storage with paper/metal backup: - Theft - Confiscation - Lost by damage Risks of hot storage with password manager backup: - Your system is hacked - Your password manager is hacked - Your chosen wallet is unsafe The cold wallet backup is only safe if you have a very good way to store your seed safely. DO NOT USE PAPER. Water or fire will cause you to lose them. Use a metal plate and store it in a safe.
a better question is why would anyone USE this? do you use crypto or just trade/larp?
But you said Bitcoin was extremely transparent? That means that the people trading it need to be transparent too. Are sovereign currencies perfectly transparent? No, not by a long shot. But they are ORDERS OF MAGNITUDE better than Bitcoin because of GAAP, reporting requirements, the SEC, and various controls that we've put in place. Crypto makes doing what Bernie Madoff did INCREDIBLY EASY. And you will continue to have crash after crash, fraud after fraud, pump-and-dump after pump-and-dump, and Ponzi after Ponzi because the system that you have bought into has no controls. And that's not the SEC's fault - it's exactly what every one of you asked for AND it's the reason the price was able to get so high... >Actually it's not because Brazil bought it. It's because Brazil is going to USE it. This is completely incorrect. The market price goes up when they buy it. When they "use it," they will be selling it - which will cause the price to go back down. In fact, whenever anyone "uses" bitcoin, the price will go down. Guess you better HODL!!!
> Then why were people so surprised by Mt Gox and Terra-Luna and Celsius and Voyager and FTX? Why is there the need for privacy coins and mixers? Well this is a loaded question because each one of those companies or cryptos had different issues. There is a demand for privacy coins/mixers for many reasons. I'm just here to talk about bitcoin. > Again, Mt Gox, Terra-Luna, Celsius, Voyager, FTX, Binance, Tether - you are welcome to believe everything these companies are saying is the truth. Uhh...none of those has anything to do with bitcoin. Those are companies and altcoins. And you do realize that companies that are publicly traded have lied many times, right? And stock investors lie all the time, right? You think lying is unique to the crypto world? Really? > In your example, Bitcoin only has more value BECAUSE Brazil bought it. My example states that the actual value is independent of the buyers and sellers and the market price. Actually it's not because Brazil bought it. It's because Brazil is going to USE it.
Sopnendu Mohanty, Chief FinTech Officer, MAS, said: “THIS COLLABORATION AMONG INDUSTRY PLAYERS AND POLICYMAKERS HAS HELPED ACHIEVE IMPORTANT ADVANCES IN SETTLEMENT EFFICIENCY, MERCHANT ACQUISITION, AND USER EXPERIENCE WITH THE USE OF DIGITAL MONEY. MORE IMPORTANTLY, IT HAS ENHANCED THE PROSPECTS FOR DIGITAL MONEY BECOMING A KEY COMPONENT OF THE FUTURE FINANCIAL AND PAYMENTS LANDSCAPE.”