Okay... so whats a good number for someone in the western hemisphere then?  Thus the US or Canada where the costs are much higher than other countries?


Would most agree that number probably is at least ten btc minimum?

How do we get the big exchanges to list SHIFT again?

Im curious but when this happens, what percentage of ppl who bought doge still own it now?  I mean the ones that bought it at two cents or so... i got to assume most sold it when it at least doubled right?  Also when it was being bought... who was actually selling it?


For example if you owned dogecoin and want to sell it... when the pump happened... wouldn't you not want to sell because the price keep going up etc?  I assume only ppl who put like an order of automatically sell their dogecoin at two cent or whatever amount, were the ones that mostly sold it when the pump was happening?

I never invested in stocks and am curious about this.  But to those who have invested with stocks, would you recommend it?


Always heard if you could make 7 percent a year... that is very good.  But aren't most people in stock market traders and not holders?

Can you store these stablecoins like usdt and usdc etc in a wallet like ledger or electrum?  Or does it always have to be in an exchange?

I'm curious but when the reddit people posted about dogecoin... did most people on the forums able to notice it quickly to be able to buy it?  Because it went from one cent all the way to 8 cents... but now it dropped back all the way down to two cents etc.


So wouldn't that mean if you know when the reddit people will start buying and you see the price start pumping, you immediately buy it?  Then look at the price and once it hits a certain price... or say it hits a price then starts dropping, then you sell it for profit?  Thus have a set price you want to sell it at?

oeleo i get what you mean with your last paragraph...


But if you are speaking about blockfi here... and they are associated with gemini... then isn't it almost risk free?


And to that person that said if you had million dollars... buy btc at the price now... and you could possibly double it in a bull market.  I get what you mean by that... but that isn't a guarantee.  If you have it all in stablecoin as in the usdc or gemini coin... then isn't that as safe as you can get?  How much percentage were ppl getting on lending on bitfinex a while back?


But surely there are ppl that do this on blockfi?


I mean... imagine someone with a million dollars.  Put the whole thing and buy stablecoin... earn 86k a year without worrying about any fluctuation of that coin since its pegged to the dollar.


Has there been any disaster or bad stories of anyone doing this on blockfi though?  Of course you have other scam sites which can do that... but blockfi ... isn't it as legit as you can get?  I read they give this much interest because they lend to others at a even higher rate... so there is no concern etc.

Okay so if someone here had a million dollars  in crypto or in the bank... wouldn't it make sense for someone to put it all in blockfi and buy the stablecoin of usdc or gemini coin or paxful coin?  Then earn interest from it then?  At end of month, you going to earn more than 7000 usdc or gemini dollars... do it for the year... then you have l,086,000 usdc/gemini coin.... then sell it all for fiat... cash out to your bank account... and you make like 85000 dollars usd that way... is my math correct?  Im discounting l,000 dollars in fees because if you sell l,086,000 usdc on blockfiat to fiat... how much fees you pay?



I gotta wonder... for someone who put that much money in it... when blockfi processes the withdraw... they are extremely careful with it right?  Like imagine the entire process of when a person wire a million in cash or crypto to them... then sell it all for stable coin of usdc or gusd? 



I mean... someone could test it out by sending say smaller amount... then putting the big amount to do it right?  Thus imagine someone with million dollars worth of crypto.  Send 5k there.  Then trade it all for usdc or gusd?  Then wait a minute... earn some money for the month.  Then send the rest of the million dollars there.  Sell it for stablecoin/gusd... then wait a year... make over 86000 dollars?  I mean... thats a lot of money a year in passive income for doing nothing if you have a million dollars in crypto... or the bank... dont most of you agree?  I have to assume there are ppl that are doing this with big amounts?  Of course i dont mean like a million... but imagine some with 6 figures.  Thats a lot of money in 8.6% interest if you do it all in stablecoin since you can immediately sell it for fiat.

Im confused why ppl still dont trust usdt.  Ever since it came out... it always have came close pegged to the dollar right?  What was the lowest amount tether went down to?  I recalled years ago... it might have hit 0.97 or 0.98 right?  And what about the highest?


So why should there be any concern about it since well you can always trade it for btc or in fiat exchanges... you can change it to usd?

Does anyone here or know anyone here that put a lot of money into stablecoin and earn money off the interest?  This seems way too good to be true... like i saw you can earn 8.6 percent interest on usdc... so someone with a million dollars can earn 86,000 usd a year?

Do these fake wallets also have a ton of reviews though to make it legit?  Before i download any app to my iphone... i check to see how much reviews it has etc.

Okay so many people have mentioned about that fake ledger email which almost everyone seem to have gotten who have a nano ledger.  You said you clicked on the link and that did nothing but took you to empty page but then your email and phone got hacked.


Wouldn't this mean they put a keylogger then on your computer?  Thus anytime you type in... they can read it?  Which is how they hack into your email such as everytime you log into email, you type in your email?  But the phone... that has to be the sim attack? 


Now wouldn't that mean anything you type now in your computer... is visible to the hacker?  I heard of viruses and malware... but isn't keyloggers the biggest concern since they basically see everything you type in?  Such as imagine you put your seed in an encrypted document but the moment you open it... couldn't they see it?

Did anyone bought this coin when it was like ten cents or below?  I recalled it was one of the coins with the highest roi ever once it hit over thirty dollars right?

you can still bet using wager coins in the book right?

What is DEX? 


Well what exchanges are US users using for altcoins then?  Since they use coinbase/gemini/kraken for btc/eth... what about altcoins?  Back then it was binance/bittrex.  But now its only binance.us but i heard they don't have that many coin selection.  And bittrex... its banned in many states.

 

Yea i heard about if you are buying/selling btc like a business, you need a license.  I always thought that was weird.  So its fine buying/selling btc in an exchange like coinbase/gemini/kraken but if you sell it to other ppl for bank transfer and vice versa... you need a license?


Well do most users who have high feedback who do this... are they mostly buyers of btc at discount or sellers of btc at a premium?  Like if someone has cash and want to buy btc but don't want to use exchange... do they typically pay more than face value or less than face value?  Is it hard to be a high profile buyer/seller though?  Localcryptos... so you have experience with it?  So do you mostly buy or sell btc there?


Well when you deal with cash... don't you have to make sure you check every bill is legit if you sell btc?  Like you bring a ink pen to detect every single one?  And isn't it awkward when doing that when checking every bill?


Yes i heard of cash teller deposits getting reversed.  But i heard this had to do with only if the that person deposits it that day... and goes back to the bank on the same exact day and tell them they made wrong cash deposit in wrong account.  If its the end of the business day... then they can't reverse it.  That is what you mean right?


I heard some online transactions with fiat is not reversible... but i think its based in europe? Something called webmoney or so?  But aren't bank wires almost always not reversible?

Yea i have access to my us online bank account... i use online banking. So i could trade boa or zelle etc.  Yea i would do online whether its selling btc for bank transfer or buying btc... though im talking mostly about selling btc now though.

Well if you meet someone physically... then wouldn't almost always payment be cash?  Or have them deposit cash in bank?  Other thing is this.  If its cash... isn't it going to be a bit awkcard counting the cash out there in that location?  And making sure all the bills are legit and not counterfeit?  I mean imagine someone does that for 5k cash or even more.   I mean then there is safety issue and everything.  Like how often do you think ppl sell btc for cash in person and transaction is 5 figures +?

Hey... i had no idea that was going to be your answer.  For sure i thought it was going to be coinbase pro or gemini.  I know it can't be kraken or bitstamp since they don't use ach... only wires.


But what are the fees for coinbase/coinbase pro and gemini?  I had no idea binance.us has the lowest fees for trading and it doing fiat.  If thats the case, why don't i hear much about them?  I mean... they have the lowest trading fees... but also does fiat deposit/withdraws?  How is that not number one then?  Since all i hear is coinbase/coinbase pro and gemini and maybe kraken with US users?


Why would you not recommend coinbase pro?  I have coinbase account verified a long time ago.  I went to try to get into coinbase pro... seem to ask few questions like what is your employment and few questions before it would let you continue.

OP, what other coins would you recommend now to buy?  I agree with your logic that buying eth now is not going to make you that much returns... like try getting 5x... that isn't going to happen with ETH in a long time.  Even doubling it is hard.  Doing it with altcoin much easier but of course but riskier.

I get what oeleo is saying here.  Had you kept the btc as oppose to sell it for say GUSD... the value you have now with btc will be higher than the interest you earn with just buying the stablecoin gusd.  But the thing here is you have to look at the price of btc.  With Gusd... its a constant 8.6 percent.  So if someone is risk averse... why not take that?  I mean 8600 dollars on l00,000 usd is a lot of money in a year.  Again if someone had a million dollars... thats 86000 usd dollars. 



Like if you want constant income stream coming in... wouldn't it make sense to put it in a stable coin like Gusd?  Like imagine having a million dollars in the bank... send it to gemini... buy a million in stablecoin... gusd... then make 86000 usd a year.