What percentage of ppl who do this full time make a yearly profit on this?  Thing is when crypto is down all year like few years ago, how did any of these traders make any money is what i want to know?  Because if everything keeps going up... its like well its hard to lose if you only buy/sell the top coins.

Is bitstamp a major exchange that Usa users use?  Im from the US but outside the US most of the year.  I can't use gemini because they need me to have an sms us number to use it.  Coinbase... i dont even want to use it based on what others say.


Bitstamp, someone told me they use it as they are also american but outside the us most of the time and use it to cash out crypto to their us bank account.



My question is why are us customers using bitstamp to use xrp and other coins when they have access to coinbase/gemini/binance us and bittrex us? 



Also isn't it true you could only withdraw via bank wire and no ach so its more expensive for us users?

Any news on shift?  Are there developers doing anything on this?  Heard this was one of the most promising coins a while back.

Any updates on this?  It was ten dollars at one point and i recall it was mentioned in some article/magazine than shift was one of the top xx coins to buy a while back...

Any updates on this?  Remember it hitting ten dollars at one point.

What about waves?

I gotta say it has to be those ppl who owned hundreds or thousands or tens of thousands of btc when it was like 50 cents a coin or less?  Then either used it for something or sold it for a small gain or loss?



I mean i heard ppl back then would use btc for poker like it was nothing... such as buy l00 or l000 btcs like it was nothing since they weren't even a dollar a coin?

So I requested some btc from a site.  That site is pretty quick since after I requested a withdraw, the amount got deducted from my balance on that site... and i see the btc was sent to my nano ledger s wallet on ledger live.  At the time it did that, you see the amount of btc received and also the usd amount.  Then i notice minutes later, that usd amount kept changing over and over.  I clicked on transaction and noticed... status showed 0 confirmations.



Also saw the fee as almost 7 dollars or so.  That is the fee that the site paid right?  Just want to make sure but im pretty sure.  Thats pretty high.  Is that the avg now?



Now in previous transactions on ledger live, i recall those usd amounts that are shown in my transaction history such as amount of btc sent or received... the usd amount always stayed the same.



My assumption here is because it doesn't have enough confirmations... that is why the USD amount keeps changing in the history of transactions of ledger live?



I then clicked on the transaction and it shows 3 confirmations now.  I assume once it hit a certain amount of confirmations... then the USD amount that is shown for received under the amount of btc received would stay the same?  And is that number how many confirmations?  Because for like 5 minutes or so... that usd amount did not change at all.  But now it changed again.



Also... if you look at it from this way, at what price exactly did you receive the btc at?  Because the amount of btc they sent to you at the time even though it shows 0 confirmations... well it will always get confirmed right?  Or there could be an issue like i heard about double spending a while back?  I assume you would calculate the price you received it at ... the moment you receive 3 confirmations or when the USD amount no longer change?



Also could you send any btc from your wallet if the btc you received did not have confirmations or enough confirmations?  Obviously if you have say 1 btc and receive 0.01 btc and that btc isn't confirmed yet, well no big issue since you have enough btc in your wallet.  But what if you have 0 btc or say 1 btc and received 0.01 btc but there is either 0 confirmations or 3 confirmations... but now you want to send the whole 0.01 btc or say your entire balance of 1.01 btc etc.  Could you do that?


I remember with electrum, when i received some btc i would then immediately send it to another site with the amount of btc i just received... and i don't think it was an issue.  I think i might have done this even with 0 transactions and it worked but it took a while.  Can anyone confirm this?  Or it only works if it has say 3 confirmations or more?

Well i mean in the example you receive 0.01 btc , 0.01 btc and another 0.01 btc.  But i mean assuming you already have 1 btc in your segwit wallet balance to start. 



Now you have 1.03 btc in your segwit address.  So if you choose to send 0.03 btc to someone in nested segwit in one transaction, compared to sending  0.01 btc three different times... which is more expensive?  Now if you do this with native segwit... either way price difference isn't going to be much difference right?  But nested it would be but you say slightly?



Im confused why it would cost a bit more sending 0.03 btc at once when receiving 0.01btc 3 times.  You mentioned inputs... has it always been like that even with legacy in nano ledger s?  What about electrum?



So for example... if someone has 1 btc... but they received it in over 50 tiny transactions... then try to send the entire balance to someone or a site... and compare that to someone who has 1 btc but received it in either one or two transactions and they are sending it to someone or a site... that second person will pay a ton in fees compared to the first person because there are 50 inputs in the first guy but only one or two with the second guy?


Also i recall with electrum, you could change the fees and pay very little... of course transaction will take very long.  But can you do that with nano ledger s still especially if you have lot of inputs?

With the price of it 25k at the moment... even when its 20k... in order to double your money, you need it to hit 50k or 40k.  That number still looks so far away with how much btc has went up this year.  And imagine wanting to 5x your money. 



Yea i know you would say... imagine btc is 50k or 100k or 300k, then what about then?  Well by then, i don't even know how it would make any sense to buy it as even doubling your money would be extremely hard.



For example I don't know anything about stocks but i think i rather buy a random stock and it has a much better chance to double in price than btc when its 25k.  Thoughts on this?

Just to make sure... when you and others talk about legacy address.. you mean the ones that start with a 1.  So native segwit addresses start with a 1 right?  I know legacy address start with a 1 and nested segwit start with a 3 right?  Also i dont hear much ppl call it nested segwit.  Most seem to say just segwit. 



Because i been mainly using the one that start with a 3 when i check my previous received btc to my nano ledger s in ledger live. 



You say its no big deal which receiving address i use such as native segwit or the one i been using segwit if i just hold. 



But if i receiving many small frequent payments which i will later spend in one single transaction... how would that make a difference?  Example imagine receiving 0.01 btc , 0.01 btc and another 0.01 btc.  Now you have 1.03 btc in your segwit address.  Now you send the entire 1.03 btc from segwit to native segwit.  That is not much of an price fee difference right as oppose to sending 1 btc from segwit to native segwit?



I assume you mean like you then spend 0.01 btc 3 times etc after receiving 0.01 btc 3 different times?  Is that what you mean?  If so, okay i understand that.

Okay... so when you say having your coins in a segwit address is better than legacy translates to having your coins in a segwit address is better than a native segwit right?  Or do you mean the old legacy from years ago before native segwit was introduced?



Well using my example that i gave... let say you have 1 btc to make the math simple.  You want to receive 0.01 btc right now.  You have 0 btc in the native segwit address and 1 btc in the segwit address.  It's not really a big deal just giving that site/person my segwit address right as oppose to native segwit?  Since that way... you would have 1.01 btc in segwit address as oppose to 1 btc in segwit and 0.01 in native segwit?



Thus its only a big deal if you are sending a lot of times?  If you are holding, well no big deal then right?  Just send the btc all from the segwit to native segwit in the future?

Hey okay... so segwit which i have coins in... is what most sites accept.  For some reason, i read it as native segwit was the main thing now and what i use segwit... might not work.  


That make sense when you say June 2019, as i set up my nano ledger s the year before that.   And thus from June 2019, I didn't send/receive much btc anymore.


You say i should receive all new funds in native segwit addresses from now on.  But since its been mentioned some sites will not recognize native segwit ... in a way... isn' it better you play it safe by just receiving btc to the segwit address instead?  Also when you say some sites won't recognize native segwit... you mean them sending btc right and not receiving?  Or is it the other way around?  

I also thought of this as well.  When you buy a hardware wallet like nano ledger s and have it shipped to your address.. well there is risk of data breach like what happened with ledger live... but not only that... what about the ppl who are handling your packaging like the people who shipped it to you from france or say dhl or fedex etc in the US?  I mean i know postal workers bring packages to many places but im sure when they look at that package and see the france address... they probably know its a nano ledger s?



Like how could you order one securely without address information?  Only thing i could think of would be like those amazon locker etc?  But of course if you do it that way, isn't there a risk of it being manipulated if somehow the place or postal office knows what is it?  Like imagine a tech savy person having access to it for a bit.  But of course putting it back in the original packaging will make it look obvious something was done to it.   

Does anyone who own both btc and altcoins want the dominance to go even higher?  Im not sure what to think here.  I guess if you own more btc... you want dominance higher... and obviously if you only own altcoin, then obviously opposite?



Feels strange if you own both.

I gotta wonder... how is it even profitable to buy btc at this price now.  In order to double your money... you need btc to hit 50k.  For that to happen... it would take a lot right?  Now imagine trying to triple it or more... btc would be beyond high etc.

Hey.


I assume you made a mistake in your post when you say some old software won't be able to send coins to your segwit address right?  You say native segwit address in your post.



When did native segwit became the norm?  Again when i set up my nano ledger s wallet two years ago, option was legacy or segwit... that was it.  So when has it been only native segwit or segwit.  Like when exactly did native segwit come in? 



Also, wouldn't it mean most likely lot of ppl keep their btc in segwit as oppose to native segwit if they are holders and haven't moved their btc in a while if they been using a hardware wallet like ledger s for years?
Can't imagine btc holders who been holding for at least two years or more in their nano ledger s decide to just send all their btc to native segwit from segwit right?  I gotta assume most btc holders with nano ledger s have their coins in segwit vs native segwit right?



Yea i see in the accounts section of ledger live... native segwit with balance 0 and segwit with a balance... and yea i know they combine everything in ledger live.


The fees... you  mean if you are sending those three different amounts totaling one btc as oppose to just one btc in a transaction right?  You say receiving... which im confused at because well there is no receiving fees when receiving btc...


You say its better to keep your coins in a legacy address.  Wait... native segwit is a legacy address? 


I thought its a segwit since well it has that word segwit...



Well yea using native segwit makes sense in saving even more money.  The thing is i have my all btc in segwit wallet.  If i was starting a new wallet nor or just start to receive btc, it make sense to receive it in the native segwit since its cheaper.


So i thought well if i receive btc now and use segwit like where my balance is... is there really any harm?  For example imagine you have 1 btc to make it simple.  Now you want to receive btc... and send it to your native segwit address which you have no balance and never used and let say you are receiving 0.01 btc.  I mean... having it sent to your segwit address wouldn't really be a big difference right?  Imagine having 1.01 btc in your segwit address... or 0.01 btc in your native segwit and 1 btc in your segwit address.  I mean if you going to send the entire balance later on to the native segwit... 1 btc or 1.01btc is going to be pretty much close to same price right?  Or if you plan to hold for a while, not a big difference?  I mean i can't imagine holders who haven't touched their btc in years... decide to okay... let me send all my btc from segwit to native segwit so i save fees in future when i sell right?


Now if you want to send many small btc amounts...then obviously you will pay a little bit more since the btc is in the segwit address.


Im curious who else keep their btc in a segwit address here?  I have to assume holders are doing so right as they don't touch their btc in their nano ledger s?

So to everyone else... almost all of you receive btc to your native segwit address now as oppose to segwit address?


Again, i like to know when did native segwit because the normal?  Years ago when i created nano ledger wallet address... i am pretty sure only option was legacy or segwit right?  Thus only two options? 


But now... its only native segwit or segwit?  Back then i recall if you picked segwit over legacy, you do this because the fees were cheaper.  So nowadays, its because native segwit is cheaper?  Also to those of you who kept your btc in your segwit address... did you move them to the native segwit?  I assume if you are holding... not a big deal.  But if you send and receive btc a lot, its a must to move the btc to the native segwit address?

I noticed I receive a ton of these email as well.  But all the email pretty much went to my spam folder.



So if you followed the instructions in the scam email, what happens?  Does it ask you to type in your seed?  Or does it ask you to download or update ledger live but they give you the fake one which would give you malware?  Then again i was told with hardware wallet like nano ledger s... unless you type your seed in... you can't get hacked.  So which is true then?



Also where is the link that shows which email addresses are compromised?  Is it if you receive spam email from it... then yes?  But someone also said real name and addresses were also shown... how do you know if you are on that list or not?  Obviously there isn't a public document that shows this right?  But is there anything that says okay if your email is shown here... then your real name and address is also exposed?

Well I used electrum a long time ago and after that... i haven't used it anymore after sending my coins to nano ledger s.


Okay well right now... i have 0 btc in bitcoin native segwit.  All my btc are in segwit.  So you say i should receive any btc to native segwit starting from now and in the future?  Is there any issue just receiving it on the segwit address as I keep all the btc there?



Thing is it would look a bit weird when i see a very tiny amount of btc in the native segwit and more of it in the segwit address.  In a way i kind of want it all in one wallet. 



But how much are the fees when sending from segwit to another address as compared to sending from native segwit to another address right now?  I haven't sent btc in a very long time.  I did recall i read sending feees has went up



Like imagine you send 0.01 btc.  Or what if someone want to send a huge amount like 1 btc?  What are the fees?



So you say overall, its not good to keep all your btc in segwit?  Since selling them or transferring them will cost a lot more than if your btc was in native segwit?  And when did native segwit because the standard for the main address?  I think when i set up the nano ledger so over 2 years ago or so... I set up segwit and only option was segwit or legacy right?  So when they native segwit come in?