Bitcoin Forum
May 25, 2024, 06:50:17 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 [67] 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 ... 185 »
1321  Economy / Trading Discussion / Re: who actually moves the price of bitcoin? on: January 06, 2021, 04:15:39 AM
Is there a way to know who is buying the btc/selling it right now when looking at an exchange?  Like if someone is offering or wanting to buy a lot of btc... think hundreds or more... you got to assume that is some wealthy or rich person right?  And in the thousands... would obviously be institutions?
1322  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How to store Powerledger/BNB/Waves in Nano Ledger S? on: January 06, 2021, 04:13:51 AM
Also what is the max amount of apps one could store in the nano ledger s now?  I recall not long ago... because of the firmware update... now you can install more apps at once.  But if you have over a certain amount of apps, you need to delete it and reinstall it each time if you have many apps.  How many is that and is this still the case?  So now... i have three apps installed... btc/bch/btg... but have balance in two of them.



Thanks.
1323  Alternate cryptocurrencies / Service Discussion (Altcoins) / How to store Powerledger/BNB/Waves in Nano Ledger S? on: January 06, 2021, 04:11:41 AM
So I have altcoins like powerledger stored in an exchange and kept it there and want to send them to my nano ledger s.  Also have tiny bit of bnb.



I have btc/bch/bitcoin gold apps installed on my nano ledger s.  But i do not have bitcoin gold balance at all.  Thus only two coins with balance in my nano ledger s.



Now i would like to move my powerledger to nano ledger s.  Also would like to move my waves there as well.  A while back i recalled someone mentioned you would have to use myetherwallet with powerledger so i never bothered with it... reason being i heard there were some hacks with it... so i kept it in an exchange.  I also have waves... they are stored in my waves exchange wallet.  I also stake waves... so i get a tiny bit of waves because of that.



With powerledger do i still need to use myetherwallet because powerledger is a erc token? 



With waves... i know there is an app you could download on the nano ledger s.  But a while back, someone mentioned to me... i needed to use the waves wallet in conjunction with the nano ledger s.  Is this still the case now?  So if i store my waves in the nano ledger s... its only in the nano ledger... or is it in both the ledger and the waves exchange wallet?  And if only nano ledger... do i get any staking coins from it like i do now with the waves wallet?



What about BNB?  Also what if you have USDT?  Can you store that in nano ledger s?  I don't have any usdt now but if i sell coin for it... i would obviously prefer to not keep it in an exchange... or is that the only option?  I know that with coinbase/gemini... i heard its usd... not usdt.  So that you obviously can't send to nano ledger s since its FIAT... unlike USDT right?



Also would you recommend i move the waves to nano ledger s?  I kept waves in the waves wallet without an issue so thats why i never bothered to move it since it seemed much more complicated than like btc etc for the nano ledger s. 


1324  Alternate cryptocurrencies / Service Discussion (Altcoins) / What exchange to use a US Citizen Abroad? on: January 05, 2021, 04:04:07 AM
So apparently, I found out that Binance.com no longer allows US customers anymore even abroad.  A while back i used binance and traded btc for altcoins there.  I heard binance no longer allowed US customers but because im abroad pretty much all the time, well I didn't think it was a big issue as I log into binance.com without any issue.  I also never was verified there.  I heard it first was with US IP addresses that they banned but apparently its for anyone that is a US citizen.  So because of that, I know i can't use binance.com anymore as an American abroad.



Now my question is... what exchanges can I use as an American that is abroad all the time?  I know i could use coinbase/bitstamp without an issue from what I read online.  I assume Kraken as well?  But those would be for the main coins like btc/eth etc.  But if i want to trade for altcoins, what are my options?  I previously used bittrex a while back while abroad... but then they no longer allowed any customers from a particular state in the US... so i had to withdraw.  I was also verified on bittrex and because of that, i could not use bittrex anymore.




I heard people who use binance.com in the US... then moved on to binance.us... which is basically almost the same thing?  Its only with other us traders right?  But is there a ton of volume there?  And do they have the exact coins that are traded in binance.com?  The thing though is i wouldn't be able to use binance.US while outside the US right?  I would sign up for an account while abroad... so would there be issue with this?
1325  Economy / Exchanges / Re: Best Exchanges for US Customer To Buy/Sell Crypto to US Bank Account? on: January 05, 2021, 03:03:49 AM
Hi thanks for response.

Wait so binance.com never ever supported fiat?  So anyone that wants cash withdrawn to their bank account cannot do this?  Thus binance.com is basically a place to buy/sell altcoins then?  Well then what is the point of btc and usdt there then?  So if someone has altcoin or btc on binance and wants to cash it to their bank account... they have to convert their altcoins to btc... then send those btc to a fiat exchange and then sell for bank transfer there right?

Thing that confuses me is this.  So if they have btc... and sell it for usdt... could they send the usdt from binance.com to a fiat exchange?  Or would that not work?

it would work, but only on the limited number of fiat exchanges who support USDT. in your case, this is further restricted to fiat exchanges who serve USA citizens. off the top of my head, you're probably looking at binance.us, kraken, bittrex.

alternatively, you could just send your BTC to a fiat exchange and trade it directly for USD, and not bother with USDT at all. before stablecoins, that's how everyone interfaced with altcoin exchanges. Wink

Binance doesn't allow Americans?  Well what if they are abroad almost all the time then and don't have a binance us account?  I assume no issue unless they withdraw directly from binance.com to binance US?

I have binance account but i never sent in verification.  So that means it would be no issue if i were to then withdraw in the future as long as it isn't directly to binance.us?

re their TOS, it doesn't matter if you're abroad all the time. they prohibit us persons, which includes citizens. so if your account ever got flagged and they forced you to KYC, they would close your account once they found out you were american.

tbh, i don't know what they would do (if anything) if you withdrew from binance.com to your binance.us account. i was just saying be careful because i could imagine an AML risk algorithm flagging you for that.



So kraken and bittrex allows usdt... but coinbase/gemini only deals with usd right?  But i believe bitstamp deals with both?  Thus usd and usdt are not same thing right?
1326  Alternate cryptocurrencies / Speculation (Altcoins) / Re: People paying $1200 for 1 Ethereum are crazy... You only get rich buying CHEAP on: January 05, 2021, 02:57:03 AM
So I want to bring this old topic up, remember when ETH was $1200 and Bitcoin was $15000? Now Bitcoin is $32000 and ETH is only $1000.

Meanwhile I have made x50 and more on some smaller coins. ETH was good when you bought it for $10. Now you need small projects for massive gains. Something will replace ETH and it still isnt even decided if dApps ever will be a huge market anyways.

So something as Nano seems like a way better investment because it can easily go x20 from just a few on Wallstreet seeing its potential.


What are these other coins you made 50x on?
1327  Economy / Exchanges / Re: Best Exchanges for US Customer To Buy/Sell Crypto to US Bank Account? on: January 05, 2021, 12:33:34 AM
An US people can offer insight on this?

you might get more responses on the "exchanges" board.

Would you say this list is correct?

binance.us is also a fiat exchange. they have a BTC/USD market and process bank transfers.

bitflyer is another option for fiat exchange. https://bitflyer.com/en-us/

Now because im outside the US, i do have an account on binance.com international site.  So i have bought altcoins there.  But could i actually buy/sell btc or coins with a us bank account on the binance international site?  Thus imagine selling btc on binance for usdt... then transferring it to my us bank account?  Or is that not allowed?  Or if it is... is it only wire or option of ACH?  I know wire is more expensive.

binance.com doesn't support fiat. CZ said they don't plan to IIRC. you can technically send USDT to your binance.us account and trade it for USD. or you could send altcoins from binance.com to binance.us, assuming they are supported.

you may wanna be careful though since binance.com technically doesn't allow americans---citizens or residents. if you're constantly withdrawing to your verified binance.us account, i could see your account getting flagged for KYC.

I wanted to use gemini but the issue is they require me to have a US SMS phone number as a two factor authorization.  I do have a US google voice number though and they don't accept it so I can't use gemini.

Coinbase however, does allow me to use my google voice number.  So i could use them.  But i heard avoid coinbase because there are so many issues with it... especially when they send you a tax document even if you hit a certain amount in transactions... even if that is not profit.  Is that still true?  Recall someone getting a 1099 for over 100k... but that wasn't their profit... it was just total amount of transactions when their profit might been only a few grand.

Bitstamp i heard is good option for US customers especially if they are abroad.  But someone said they don't allow you to withdraw via ACH... only wire.  So the fees are much more expensive.

Kraken i heard of.  But is this mainly a US exchange or world wide exchange?  Do they do ach or only wire? 

kraken also only supports wires---no ACH. but they have the cheapest fees aside from binance.

coinbase is not sending form 1099 anymore. https://help.coinbase.com/en/coinbase/taxes-reports-and-financial-services/taxes/coinbase-tax-resource-center

it should be easy enough to get an SMS # for gemini's verification. IIRC, that is just a one-time verification.


Hi thanks for response.


Wait so binance.com never ever supported fiat?  So anyone that wants cash withdrawn to their bank account cannot do this?  Thus binance.com is basically a place to buy/sell altcoins then?  Well then what is the point of btc and usdt there then?  So if someone has altcoin or btc on binance and wants to cash it to their bank account... they have to convert their altcoins to btc... then send those btc to a fiat exchange and then sell for bank transfer there right?

Thing that confuses me is this.  So if they have btc... and sell it for usdt... could they send the usdt from binance.com to a fiat exchange?  Or would that not work? 


Binance doesn't allow Americans?  Well what if they are abroad almost all the time then and don't have a binance us account?  I assume no issue unless they withdraw directly from binance.com to binance US?


I have binance account but i never sent in verification.  So that means it would be no issue if i were to then withdraw in the future as long as it isn't directly to binance.us?


1328  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin pump and dump on: January 04, 2021, 10:35:39 PM
Is there a way to know which coins will pump and dump?  So the point is if you know of a coin that will do that... you buy it ... then auto sell it once price starts dropping to accumulate more btc right?  Then either keep btc or sell it to usdt?



But if you want to make money now... wouldn't you need to trade it for usdt?
1329  Economy / Exchanges / Re: Localbitcoins on: January 04, 2021, 10:02:31 PM
What is the most common form of payment on localbitcoins?  Is it cash when meeting?  Wouldn't the best method be meeting at the bank and they giving you the cash... you go and deposit it... and once you do that and its confirmed... then you release the coins?


Because of the risk of counterfeit if they give you cash... but once its deposited into bank teller or atm by yourself... then its safe?
1330  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🔷 Waves Tech - a powerful blockchain-agnostic ecosystem on: January 04, 2021, 09:59:37 PM
Question about waves staking.  I do have waves staked in the waves wallet where i seem to get some waves every week.




I see there is usdn staking.  It shows you could make more than 8 percent.  But this amount constant or it always changes?



Like for example anyone here took say thousand dollars and staked it entire year?



So say you buy thousand dollar worth of waves... then staked them with usdn.  So how does that work?  You basically sell your waves for usdn right?



Then say with around a thousand usdn... forget the fees to buy waves... then if you leave it staked for an entire year... you will make 80 dollars on thousand dollar worth of usdn a year?  That sounds too easy and doesn't make sense.  But that number changes daily?  So how much percentage do you reasonably get a year then if you put thousand or ten thousand dollars into it and stake the usdn?



Because if you could get 5 percent.... well thats 500 dollars if you have ten thousand dollars.  Then once you have l0500 dollars, then you would convert it to usdt right?  But do you first need to sell it for waves... then sell it for usdt?



The thing is when you stake waves... sure you get some waves every week.  But if waves price drops... you aren't making any money etc.  So can someone explain the usdn staking?  Seems way too good to be true.
1331  Economy / Currency exchange / Re: Beware of PayPal and other reversible transfer services on: January 04, 2021, 09:58:31 PM
yes, only if you know the person.
Its reversible 1 year.



Really?  So paypal reversible is up to one whole year?  I thought i read 6 months.
1332  Economy / Exchanges / Re: Best Exchanges for US Customer To Buy/Sell Crypto to US Bank Account? on: January 04, 2021, 09:57:21 PM
An US people can offer insight on this?
1333  Economy / Speculation / Re: What you'll do when BTC price will go down heavily and fast? on: January 04, 2021, 09:18:04 PM
But those of you who have btc and bought more... don't you only want btc to go down if you want to buy more?  Then again if you already have a lot of btc, wouldn't you want the btc price is go up?



Its like if you have little btc and want more... obviously you want price to go down so you can buy more.  But if you have enough btc... then obviously you want btc price to only go up.  But what about if you have btc but want to buy ... but still hold btc?  Its like okay go down in price when i want to buy... but don't go too down?  Or that doesn't matter if you are long term holding?
1334  Alternate cryptocurrencies / Altcoin Discussion / Re: What's the biggest mistake you've made on crypto? on: January 04, 2021, 09:13:10 PM
Selling my BTC on MtGox for $5 a piece because I mined a block in less than a day on my computer and it seemed like a killer return.
Then probably investing in various ICOs and not dumping the alts when they pumped to get more BTC back.

Oh and spenting my BTC trying to buy miners from Butterflylabs instead of buying the the first Avalonminer. They got to market WAY sooner and by the time I got my piece of crap Butterflylabs miners the difficulty was sky high and I never made back what I bought them for.

So many stupid mistakes lol



Im curious but how much btc did you had at that time? 
1335  Bitcoin / Bitcoin Discussion / Re: Bitcoin video with Winklevii on so-called EuroNews = obvious YouTube scam on: January 03, 2021, 09:03:31 PM
I saw this when i was using youtube on my iphone, saw like hundred thousand viewers... which made no sense.


What happens when you click on the link and watch the video/stream?
1336  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [RE-ANN][SHIFT] Web 3.0 | Phoenix | Substrate | ShiftNrg.org on: January 03, 2021, 08:56:53 PM
I kept my shift in the shift nano wallet a while back.  So nothing to do about that then right and just keep it there?
1337  Bitcoin / Bitcoin Discussion / Re: Best Way to Carry Your Seed When Traveling Or Moving Abroad? on: January 02, 2021, 07:37:38 PM
So I'm from the US.  But i travel quite a bit and am outside the US majority of the time.  My seed is stored online.   I do have my hardware wallet nano ledger s with me though.  Now I didn't want to bring my seed with me when traveling because well imagine something happens at customs and my bags get searched... well what if customs search through my stuff and then see a paper with my seed.  And of course there is a chance they know what it is and can write it down etc.  I heard many examples of those workers stealing from luggage, so imagine a search and then they see piece of paper and its words and they know what crypto is.  But that is rare of course.  

But when i travel abroad, I don't want to have my seed in the apartment as I don't think that is safe.  Where im located, there is lot of breakins... thats how it is here.  Thief would take electronics and wallet etc.  Doesn't matter what neighborhood you are in... its like this here and very common.  So people that say move... well most places are like this.  Even places that has security.  And because of this, i left my seed back in the US.  I mean look even in those rich places in california, you have breakins etc.

You should be using encryption, particularly if you store a copy of your seed online. That way, theft of your seed won't automatically result in loss of your bitcoins.

You could type your seed in a plain text document, then encrypt it with password protection. You could also physically store your seed words in a way -- or in multiple parts -- where only you would be able to recognize and reconstruct them. If you leave them written down as a 12-word seed, there's a decent chance someone will recognize them as such.

Now what I'm curious is for those of you who travel or move... how do you bring your seed with you?  Obviously if you are moving to somewhere else in the same state, well you can drive there with it so no big deal.  But what if you are traveling from say florida to los angeles?  Or florida all the way to canada or europe?  I mean having the seed with you written on a piece of paper when traveling when flying got to make you all nervous right?

Having multiple encrypted digital copies solves all issues. Just make sure to a create a system where you'll never forget or lose your encryption key.


I mentioned how i would put it in lastpass/keepass... then put it in the cloud ... dropbox/gmail... so if someone were to hack my email... they still need to know what is my lastpass/keepass password.  So isn't that good enough?


Of course the big issue here is if you get malware/virus/keylogger on your computer, then you are screwed then right especially keylogging?  Because that person could see everytime you type in when you enter your lastpass/keepass and email password?  Thus they could just log into it anytime they want and you wouldn't know?



So keeping it online in the cloud is safe only if


Encrypted


No malware/keylogger/virus every on  computer



Correct?
1338  Bitcoin / Bitcoin Discussion / Re: Best Way to Carry Your Seed When Traveling Or Moving Abroad? on: January 02, 2021, 07:32:14 PM
To be honest, the safest place to store seeds is a safe deposit box in a bank, because I keep my seed there along with other securities.
But if we travel frequently it is difficult too, especially going abroad. In my opinion, the most effective way is to store it online, even though
the risk is quite large. I usually save part of it in email and save part of it in the notes on my smartphone. So far it is safe and has never
been hacked, maybe those of you who often travel can try the solution I did.


How many safety deposit boxes do you use and you break the seed into two pieces right?  The thing is if you only have two banks with two deposit boxes... well what if theft/fire or something happens to one of them?  So wouldn't it make sense to have four safety deposit banks with two copies each and two pieces broken to make it safe?
1339  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [RE-ANN][SHIFT] Web 3.0 | Phoenix | Substrate | ShiftNrg.org on: December 30, 2020, 05:48:44 AM
What exchanges use shift now?
1340  Bitcoin / Bitcoin Discussion / How much btc do you need to secure your future? on: December 29, 2020, 06:32:55 AM
Obviously this depends on where you are located.  Such as if you live in an expensive place in the US or Canada, then its a lot more than in other countries.  Also if you are young, middle age or older.



I always felt the number had to been minimum 10 if you asked me this years ago.  But now with news articles and videos saying btc true value is somewhere in the 300-400k range... well that 10 btc number certainly is a bit high.  I guess the number probably is minimum 5?  Then again you hear old videos where people say... just make sure you have just 1 bitcoin...as that is enough.  Thus if it goes to 1 million dollars... well that is a lot of money.  Even after taxes, that is a lot.   But when people say its half a million or a million, well then that number could drop to say 2 or even 3.



And i see many people on this forum talk about not having 1 btc and its their goal to get 1 btc.  Obviously back then, it was much easier with the low prices.  But now... anyone who wants 1 btc need to spend 25k... thats a ton of money for most people and most people don't even have that in their savings.  But for someone who is from the West... thus in the US or Canada... what number would you say that should be?  Of course it could be in a wealthy country in say Asia, Europe or Australia.  But you get my point.  I got to assume if you talking about 10 years down the road or more... it has to be minimum 5?  Or minimum 10?  Or is 10 a bit too high?
Pages: « 1 ... 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 [67] 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 ... 185 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!