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1621  Bitcoin / Legal / Re: Donating Bitcoin and IRS form 8283 on: December 28, 2020, 05:17:49 AM
Firstly i am not american netizen but im curious about this so in there when you want to donate you should fill out form  Huh why you just deposited into their address anonymously just tell the charity owner

Donations to charities reduce your income tax in the U.S., so I can give more -- basically the amount plus all the taxes I would have had to pay.

For example,

Selling $5000 worth of bitcoins would cost me $500 in taxes, so only $4500 would be left for the charity. On the other hand, giving $6667 worth of bitcoins and deducting the donation from my income would save me $1667 in taxes, so my cost is still $5000. The difference is that all the money goes to the charity and none goes to the IRS.
1622  Bitcoin / Bitcoin Discussion / Re: It is pointless if the BTC fees increases along with rise in BTC price! on: December 27, 2020, 08:44:08 AM
I have observed many times whenever there is rise in the price it will proportionally increase the fees as well.

The price rises as more people use Bitcoin. The fees rise as more people use Bitcoin. The price does not cause the fees to rise, but they are related, as you can see.

Also, sometimes when there is a quick rise in price, people flood the block chain with transactions, presumably moving coins in and out of exchanges. This causes the fees to rise temporarily.
1623  Other / Beginners & Help / Re: Am a new member here, I kindly need adequate guidelines from every other members on: December 27, 2020, 08:38:13 AM
Read and ask questions in the Beginners & Help forum: https://bitcointalk.org/index.php?board=39.0
1624  Bitcoin / Development & Technical Discussion / Re: What is technical c++ term for {0} in this: int nHeight{0}; ? on: December 27, 2020, 08:29:41 AM
...
The array initialization with this seems a bit weird now. So is this a technical "break" from previous C++ versions ?
So if a previous C++ version wrote:

Array { 1,2,3,4,5 }
...

It will not compile with an earlier version of C++.

See https://en.cppreference.com/w/cpp/language/aggregate_initialization

New syntax was added as a way to unify the syntax for the various methods of initialization.
1625  Bitcoin / Legal / Donating Bitcoin and IRS form 8283 on: December 27, 2020, 07:34:02 AM
I am thinking of donating more than $5000 worth of bitcoins to a charity and I am not clear about how to fill out IRS form 8283, especially the part where you must have the donation appraised.

Does anyone have any experience with this?

FYI, I want to donate the bitcoins directly rather than selling them first because I can avoid paying taxes on the donated bitcoins.
1626  Bitcoin / Legal / Re: HIFO/LIFO vs FIFO on: December 27, 2020, 06:52:52 AM
Thank you so much for your answer. 

Based on your advice, I did some more research and now I am almost certain FIFO and LIFO (even HIFO) are acceptable to IRS.
 
https://gritdaily.com/irs-releases-new-rulings-cryptocurrency-taxes-2019/
https://donnellytaxlaw.com/tax-expert-picking-the-best-method-for-reporting-your-cryptocurrency-gains/

Koinly allows me to compare FIFO, LIFO, HIFO for my capital gain.  For me, LIFO was about 1/2 of FIFO. 

Thank you.

Stock brokerages let you choose the lots when you are selling, so I don't see why it wouldn't work for crypto.
1627  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Sent ETH to BTC wallet address on: December 26, 2020, 05:49:36 AM
I respect your knowledge and i have never try to send an ETH to a BTC address before so i dont have a clue but are you sure with what you said because the OP is not the first person to say he mistakenly send ETH to BTC address.

An Ethereum address looks like this: 0xde0b295669a9fd93d5f28d9ec85e40f4cb697bae
A Bitcoin address looks like this: 1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX or bc1qar0srrr7xfkvy5l643lydnw9re59gtzzwf5mdq

No Ethereum wallet is going to be able to interpret a Bitcoin address as an Ethereum address. When you use Metamask to send ether to a Bitcoin address you get the error, "Recipient address is invalid".
1628  Bitcoin / Development & Technical Discussion / Re: What is technical c++ term for {0} in this: int nHeight{0}; ? on: December 26, 2020, 05:31:48 AM
"C++03 has partial support for initializer lists, allowing you to use initializer lists for simple aggregate data types (structs and C-style arrays):"

New features and syntax have been added to C++ since then. The kind of initialization you are asking about is one of them.

https://en.cppreference.com/w/cpp/language/direct_initialization

Quote
T object { arg };    (2)    (since C++11)
...
2) initialization of an object of non-class type with a single brace-enclosed initializer (note: for class types and other uses of braced-init-list, see list-initialization)
1629  Other / Serious discussion / Re: Hand sanitisers in food stores on: December 24, 2020, 10:44:53 PM
I don't want that on my food, so what more do I need to know?

Well, then you are in trouble because all of those ingredients are already in your food.
1630  Economy / Economics / Re: The volatility in the price of a bitcoin is falling over time on: December 24, 2020, 08:19:49 PM
I wonder where you get the chart? I have look around the Internet but there is no sign of such a chart like that. Very appreciate it if you can give me the sources.

I created it myself with historical price data from blockchain.com.
1631  Economy / Economics / Re: The volatility in the price of a bitcoin is falling over time on: December 24, 2020, 08:16:34 PM
I guess, if someone calculates the CoV at the given time point of 2010 and 2020, that would match mathematically in terms of money that is to be injected in the market of btc to move the price. Am I on the right track here?

CoV measures the relative variability in the price over a period of time, but you are asking about liquidity. Although liquidity is a primary factor in volatility in a market, CoV does not measure liquidity.
1632  Other / Beginners & Help / Re: What's a 51% attack? on: December 23, 2020, 09:48:47 PM
In a 51% attack, the attacker must gain more than 50% of the hashing power. With this majority, the attacker has the ability to do two things:

1. Add and remove transactions from recent blocks, effectively rewriting history. The main purpose is to invalidate and nullify past transactions that have already been confirmed.
2. Control which transactions can be confirmed, which includes a DOS attack preventing any transactions from being confirmed.
1633  Other / Serious discussion / Re: Hand sanitisers in food stores on: December 22, 2020, 04:10:47 AM
I popped into a Morrisons supermarket this morning, and I'm concerned that they have hand sanitisers everywhere. These sanitisers are designed to kill bacteria - both beneficial and health threatening, but I don't want to enter into a discussion about the stupidity of using them to reduce the body defences. What I am concerned with is their positioning by the food displays, and the fact that the sanitisers are probably enzyme destroyers, and therefore they may be disrupting the digestive system. I'm not too bother with natural germs and bacteria, but I am concerned about the use of these chemicals to disrupt the natural functions of the body.

The net result of my observation was that I refused to buy any food there, and I went to a safer supermarket for my purchases.

Hand sanitizer contains alcohol, water, glycerin, and oil.

If you are afraid of something, learning more about it gives you more control and less reason to be afraid. Knowledge is the key to overcoming your fear.
1634  Bitcoin / Development & Technical Discussion / Re: Mental Exercise to Protect Rare Artwork from Fraud using Bitcoin on: December 21, 2020, 11:30:27 PM
A block chain can be useful for maintaining provenance, but there are issues.

I think this will be very helpful to you: https://www.youtube.com/watch?v=OopbFqcBFjY
1635  Bitcoin / Bitcoin Discussion / Re: Pexcrypto.com FCTC Flush Community Token (Potential scam?) on: December 21, 2020, 10:49:19 PM
It's all a scam. Don't put any more money into it. Withdraw whatever you can. Maybe you'll get lucky and recover your money. Your "advisor" is part of the scam, or at best a complete idiot.
1636  Bitcoin / Development & Technical Discussion / Re: [Bouncy Castle]: vulnerability (CVE-2020-28052) on: December 21, 2020, 10:51:59 AM
It appears that it only affected certain versions of the Java implementation.
1637  Bitcoin / Bitcoin Discussion / Re: FinCEN Proposes KYC For Withdrawing Cryptocurrency To Private Wallets.12.18.20. on: December 19, 2020, 08:35:56 AM
This rule is a non-starter. If places a huge burden on anyone that wants to use Bitcoin for larger transactions.

In effect, it requires customers of banks and MSBs (e.g Coinbase, etc.) to identify the source or destination of any Bitcoin transaction over $3000.

So, let's say that a person with a Coinbase account wants to buy some gold using Bitcoin. In order for Coinbase to send the coins, the person must first find out who controls the receiving address provided by the dealer, and if it is not a bank or MSB, then they must obtain the name and address of the owner of the address and report that to Coinbase.

It works the other way to. In order for Coinbase to release funds that have been sent to you, you must first find out who controls the wallet that sent you the coins, and if it is not a bank or MSB, then you must obtain the name and address of the owner of the wallet.

Note that there is no such burden for cash. If you want to pay or receive $3000 in cash, you don't have to report their name and address to your bank.
1638  Bitcoin / Bitcoin Technical Support / Re: swiping private keys without risks on: December 14, 2020, 06:09:55 PM
I think Electrum will do that. Mycelium will not.
That's incorrect. It's been years since I've used it, but in Mycelium you can scan a private key (QR-code), then scan an address (also QR) where to send it to. Funds doesn't have to be stored on Mycelium in between.

Maybe there is a way, but I couldn't find it. I tried and Mycelium imported the key. It will still require another step to send the coins to the hardware wallet. I suppose that is sufficient, but sweeping the key directly into a hardware wallet would only take a single step.
1639  Bitcoin / Bitcoin Technical Support / Re: swiping private keys without risks on: December 13, 2020, 10:23:50 PM
You want a software wallet that will sweep your private keys directly into the hardware wallet. I think Electrum will do that. Mycelium will not.
1640  Economy / Economics / Re: Everything you wanted to know about BTC TVS but were afraid to ask! on: December 13, 2020, 09:54:58 PM
It looks cumbersome and costly. I think that hedging with options or futures would be simpler and more cost effective as it cuts out the middle-man.

The main benefit of an MBS is that it aggregates thousands of mortgages. There is no such benefit if it is just Bitcoin.
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