The ebbs and flows of life. We are bound to get demotivated at times, with the slow moving price (for people that over invested), or the recent hacks and scams or about this forum, newbies that are finding it difficult to rank up and grow on the forum, or even understand how it works.

We should all take lessons from those who have been exactly where we are now and learn from them.
If you are struggling on the forum, there have been numerous users there too and they (not all) found a way to balance it out through their effort and consistency.

P.S. This is not directly related to Bitcoin, should be in Beginners' & Help board.

- Jay -

There are a couple of crypto transaction trackers which claim to help in calculating taxes within a time period, but I have not used any of them yet and cannot recommend you to do so.

You could manually monitor each transaction and the price at the time of the purchase and at the time of sale. Some wallet lock in the price of received Bitcoins and you have to manually check the value at sale.

How about hiring an expert to help you put, so you do not make an error?

- Jay -

This exact scenario has led many to have unfulfilled careers, cause they were led down a particular path, simply cause it was what was expected from them. They could have no interest or passion for those professions, but having a dad/mum or siblings into it and mounting pressure on you to tow the same path would force them down that line.

The OP's opinion is valid and while we can imitate good sides of people, we should never suppress the uniqueness in us.

- Jay -

Bigger businesses have more wiggle room than MSMEs, this allows them more freedom to take risks with certain options like accepting bitcoin as a means of payment. They also do it, cause they are big enterprises and the bitcoins community would report if Walmart or Amazon started accepting bitcoin as a means of payment.
Free publicity for limited risk.

Small businesses do not have much margin for errors and tend to turn over cash far more frequently and hence do not have the liberty to save up in bitcoin. Also, the little bakery down the street would not get on the news for accepting bitcoin, so does not get much publicity.
Another important important point is that they may not have the expertise to set the payment gateway themselves or be able to pay someone else to do that for them.

---

That being said, lots of small businesses are accepting Bitcoin, we just do not hear enough of it and only judge with our local area.

- Jay -

To put it all in contrast, after one meeting with CSW, it led to a 4 paragraph endorsement of him being Satoshi, six if you count the opening and closing sentence. But with 7 years between that and lots of evidence suggesting that SCW is full of crap and is out to ruin bitcoin, we get a one paragraph which does not debunk that earlier statement, but only mildly suggests it could be wrong.

I would have expected a more defined statement, confirming that CSW is not Satoshi and the earlier statement was made erroneously.
But maybe this would suffice for mow, since CSW has ridden on that earlier endorsement for a long time now.

- Jay -

This is the best option to profit from Bitcoin. Trying ways to make passive income from holding would invariably lead you to risk your funds with a third party, exposing you to the possibility of losses of funds as well as compromise of your personal data.

Buy the dip and hodl.

- Jay -

It is quite frankly one of the most important inventions of the last century, right up there with the internet and reusable rockets. Satoshi Nakamoto was a genius and more importantly a bold individual to not only propose something that operates like bitcoin but actually create it.

It ticks all the boxes of an alternative financial system and has the features of,
- Decentralization,
- Full autonomy,
- Transparency,
- Immutability,
- Consensus based,
- Pseudo anonymity.

The bitcoin revolution led to a couple thousand altcoins being created, and even though many are scams and shitcoins, it fueled this decentralized system when anyone can change the world from the corner of their room, or try to.

- Jay -

Bio-metrics is an insecure way of protecting your assets, it provides less security than a password or a pin. Bitcoin does not need biometric authentication to become more secure, so we do not need to discuss ways to make it more secure.

Explore existing ways to make bitcoin more secure such as avoiding electronic back ups, using fully airgapped device and generating keys safely.

- Jay -

Mallorca have defeated the reigning champions of the Spanish laliga. This was a headline not many were expecting coming into matchweek 20.

It was a lackluster performance from Madrid with only bright sparks from Camavinga and Luka Modric, after coming on. It was until the final minutes that Real mounted the pressure on the home side, but not enough to save a point and Barcelona have the opportunity to go 8 points clear at the top of the table if they can defeat Sevilla later tonight.

Well deserved win and great performance from Mallorca especially the keeper who saved a penalty, giving them four straight wins at home.

- Jay -

Any amount is enough for long term holding as you get to profit if the price multiplies.
If bitcoin grows by 200%, someone holding $1,000 and one holding $10,000 would each get to double what they had before, which is better than the alternative of having inflation eat away at your holdings.

0.1BTC is about $2,500 in today's market and would give good ROI should bitcoin enter another bullish market.

Do not put yourself in a tight position to invest in bitcoin and you should always consider upgrading your side job for more streams of income.

- Jay -

Some days in football are like that. At this level of the game, if you wish to win the league, you need to be near perfect and Arsenal has been closest to that this season, winning games from behind and scratching out valuable points when it matters most.

I expect a good response from them against high flying Brentford, who would be coming into tat match with loads of confidence.

- Jay -

If you suspect that a keyboard is potentially compromised, then the risk posed is not only from importing your seedphrase, using it on a device where you have stored your assets puts you at risk.

It is best to keep it uninstalled and ensure that any app you do install on that device is one which is really needed.

- Jay -

The final block would not be mined by 2140, what would happen then is that the final mining reward would be attached to the block for the fastest miner to solve the puzzle. Blocks are needed to keep the blockchain going and would keep being mined as long as bitcoins are transacted.

It would also not be too late to invest when the final bitcoin is added to circulation and anyone would still be able to buy a piece of the pie.

- Jay -

The only reason I can see for an age restriction is for those boards which discusses services which have age restrictions, like the gambling board. Besides that, any person regardless how old is welcome to read and learn about bitcoin from one of the most experienced bunch on the web.

It is a good move for me. You would have to follow them up and check their Private messages from time to time to ensure they do not fall victim of scams and stop any unsolicited conversation, also teach them basics of safe surfing on the internet.

- Jay -

Latin is not practically used by many countries besides The Vatican City, so how effective would a Latin translation of popular bitcoin lingo be?

This is the first time I came across the word vout being used in relation to bitcoin. I am a bit confused as I have not seen it associated with any bitcoin wallet I have used, is it peculiar to bitcoin or related to crypto in general or used on some specific platforms?

Also with coinbase you have to specify that you are referring to the rewards and not the exchange.

- Jay -

- This is likely to happen if you purchased the hardware wallet from an unverified third party selling on an online platform. In this case you could have a wallet which already has the keys generated and is in the possession of someone other than you.
If any device you use for crypto is compromised, discontinue using it asap and move any funds you may have there. Then you can seek a replacement or a refund.

- A reputable, open source, non custodian wallet
Could be a hardware or not and you should be able to verify how the keys are generated.

- Jay -

To put it in context, 1BTC has to be equal to $100,000,000 (100 million) for the value of 1 sat to be a dollar, that is a crazy increase from the current price and would require a ridiculous influx of money into the bitcoin market, making it a problem that would not arise in the next 100 years.

In the hypothetical situation that this does happen, the solution of changing a bit of the protocol and making it more divisible to allow for smaller units, this would both make smaller transactions possible onchain and also make the asset more available.

- Jay -

It depends on what you expect from the market and what your profit margin is before you take profit.

You say you want 20× gains from the next bull run which is a 2000% from the current price, and selling now would mean you do not get to that point.
Secondly, altcoins being 80-90% down does not mean there would be a price recovery at any point in time, the coins are more likely to keep losing value and eventually collapse than to gain 2000%.

- Jay -

It is not about the wallet, but how you use it.

One could use electrum on an old desktop which they do not use any longer and do not connect to the internet at all. If they securely generate their keys on it and back up their seedphrase, maybe with an additional passphrase, this would be more secure than just opening electrum on your regular mobile and creating a wallet, and could be as secure (or more) as a hardware wallet.

How you back up your seed, How you access your wallet to transact, how you interact online all contribute to the security of your asset.

- Jay -

For context, the economy of Georgia and Armenia has been steadily growing for several years now due to several reasons. There is a sharp growth curve now, but that cannot be simply credited to immigration of Russian citizens with the numerous factors such as tourism, agriculture, exports etc.

In-order to draw a pattern here, there would need to be more information about the credentials of the Russian emigrants, parts of those countries they likely move to and compare the stats across the different states. Also, there should be historical data on growth curve over the past decade or two

- Jay -