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In Europe, under AMLD5, if one has to use whatever exchange to go in and out of fiat then expect to be asked for the infamous source of funds.
If we are talking peanuts there shouldn't be many problems but for large sums expect to be scrutinized like hell.
I believe all our privacy tools are good only into the bitcoin world: if we do real p2p btc txs or if we use the LN, for instance. The moment we link that to the fiat world, unfortunately, all those checks are inevitable.
Exchanges do real-time monitoring nowadays and every tx is flagged: they mixed analytics services and chain analysis tools to understand where your btc have originated in the past. If there's no link between your documentation and their analysis, game over.
tl;dr Privacy tools are fantastic, but don't expect them to be useful when you want to cash out from exchanges.
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 Good things will come eventually. or All good things to those who wait  |
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Can someone recommend me a portfolio tracker for Smartphone (iOS or Android) ?
Blockfolio is a popular app. https://blockfolio.com/People’s math skills are apparently not what it used to be: BTC x $, done. No need to install a privacy intruding app. This as well encourages stacking a bit more Sats getting to the next round figure, so you can do the calculation Even more easily by head. Have ten bitcoins instead of one? Just add a zero. All very true. I wonder if he's a bit of a shitcoiner though asking about his 'portfolio'. Maybe has some bags need emptying on poor others when they get a bit heavy. I do remember myself once linking such an app, one that tracks your taxes with api's to all your exchanges. Even though it was 'just a link', I rightly got teased by our dear missing member, BlindMayorBitcoin. As karatma1 says, it is time to up my game. Opsec, privacy, the whole shebang under review. Being only into Bitcoin I have no problem with that. No need to tell some stupid app all my belongings and my trades. Unfortunately, my accountant knows those |
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And we interviewed an author who is focusing on how bitcoin can enable independent local communities to work around the rules that, either intentionally or unintentionally (and often unfairly), disadvantage some over others. The fun exercise of picking out these nuggets of hope and potential serves as a constant reminder that there is no going back. There is need for change, even beyond the causes of the deep rifts we are seeing today. And the technological leap forward presented in Satoshi’s paper has inspired hundreds of thousands of brilliant people to focus on building, testing and teaching applications on both a local and global scale. Read the full piece here https://www.coindesk.com/bitcoin-satoshi-nakamoto-john-perry-barlow |
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Until we break through $10501, test and hold it's just noise.
I second this comment and I'd add that anything below 16k is boring. I'm casually looking at the price these days with no interest also because I prefer to study how to properly handle nodes, LN, coinjoins and such. I know the price we all want will come. |
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"The road to hell is paved with good intentions". This quote summarizes what happened with Brave IMHO. I used it since the beginning, it looked a very good alternative but today I have to study which is my alternative. I probably would use my old tweaked firefox.
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Who owns the bitcoin? where did you get that part from? you are talking utter rubbish. piss off back to newbies or altcoins
Home sickness make people talk Rubbish.   No one owns Bitcoins. Only #StrongCats do. I knew this could have happened, right VB1001?  |
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Although not designed as an investment vehicle, Bitcoin’s rise in value has made it the best currency investment you could have made in the last 1,200 years. Bitcoin (BTC)’s value appreciation over the past 11 years sets it apart from virtually all of the world’s fiat currencies. Central banks around the globe continue to churn out money, deliberately devaluing existing currency through inflation. They have also had a lot longer than Bitcoin’s 11 years for the effects to accumulate. So how do major fiat currencies compare to Bitcoin? Read more here https://cointelegraph.com/news/bitcoin-has-been-the-best-currency-investment-for-over-1-200-years |
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CoinSwap, an old privacy trick created by Greg Maxwell, is back with a new design that could solve Bitcoin’s privacy problem for good.
An old Bitcoin privacy protocol has found new relevance with a new design implementation by Chris Belcher.
a small correction to the text here: an updated design for a coinswap-like protocol is being scrutinized amongst Bitcoin developers, but there is no published implementation as of yet.
really gotta commend Chris Belcher, AdamISZ and ZmnSCPxj for their work on this new update. I must confess that I couldn't see the potential for developing a protocol around the coinswap process when I read the original Coinswap thread post by gmaxwell, it seemed more obvious that coinjoin would be developed into an actual working privacy solution. Looking at the spec and at the conversation on the bitcoin-dev mailing list, it seems that coinswap could be a big improvement over coinjoin for large sums of BTC, but that lightning payment channels can function in a similar way using fewer on-chain transactions (but only for smaller sums of BTC). You can follow the thread on the Bitcoin-dev mailing list archiveYou are always spot on Carlton. Thank you very much, I will further look into it |
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I got the Icy White. I must admit these guys made a miracle. And my cashback from spending is another efficient way of stacking sats. Cool |
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 Zero, in the poll, currently collecting and stacking sats, my vote in a normal BTC situation would be option 1. #StrongHats Agreed. On a more stupid and ironic note I would use the following hashtag based on yours #StrongCats |
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FOR HODLERS
BITCOIN ONLY.
NOTHING ELSE.
Bitcoin-only firmware for both Trezor One and Trezor Model T is available now. Enhance your Trezor with the most minimalistic firmware we have ever published, and embrace your inner maximalist. https://shop.trezor.io/btc-only/Jeez! I am really out of the game if I don't even know this. Thanks for pointing that out VB. As I said I couldn't believe Slush would have thought of something like that (adding shitcoins to a Trezor). This makes it better. |
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First of all, don't drink and drive. Secondly, don't drink and gamble. Is it that difficult? |
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why don't you "deversify" into ledger?
I don't even do hardware wallets. software...software makes me nervous I started hating both ledger and trezor when they opened to shitcoins. I hoped that at least Slush would have saved trezor from altcoins. I only wanted a Bitcoin hardware wallet! Was I asking too much? So I got rid of my Nano s and trezor one. |
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Are there any altcoin exchanges that use Lightning? Over the years I have accumulated a little of this and a little of that and while cleaning up my old wallet server I found a few coins that are still very alive. But what I have is only worth a dollar or 2. Withdraw fees are going to hurt. Last time I did a cleanup like this I converted to doge. I can do that again but I figured there might be some that I could convert to lightning. But, a very quick search found none. I use Coinplaza.it (referral in LoyceMobile's signature) for this. It can exchange a minimum of 1000 Doge to Lightning (I've used this to buy 1000 Doge using LN). This made my day, really! Now I finally know what to do with my old doges full of dust! thanks |
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Pompliano just didn’t say when that bull market at least roughly starts, maybe every time the price of Bitcoin reaches $10k? Although I have nothing against giving advice, such influential people should be careful when making such statements. I can't judge if this was just a joke (it seems from some of his comments), or he just doesn't understand what a bull market is.
I advise you not to follow the advice of these so-called experts, they are just influencers who make money through social networks with such or similar statements. Bull run can probably happen at any time, but if we take into account the current economic situation in the world, this is a time period in which such chances are very small or almost non-existent.
Exactly! If I should start afresh today in Bitcoin I would go back to one thing only: studying! When I first met bitcoin there was not so much good material around, apart from this forum which has been my Bitcoin University. If one realises the true nature of BTC that's enough. From there it is only a matter of stacking as many sats as possible! |
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There are a few things that shouldn't happen in the real world, one being to not let R ver have that domain.
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Tired of predictions, yes  I am in wait and see mode, I don't consider any move below 16k relevant. Too many Bart Simpson fake high & lows, IMHO |
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Being into bitcoin has always been my way of being out of the system. We must keep calm and wait. Good read, thanks for sharing |
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