So in terms of security. I can use a hardware wallet such as ledger with my Metamask. So that way my seed and wallet.dat (for Metamask) is not on online computer.
However after I connect with dydx. How do I keep it secure from there? Say someone gains access to my PC and it’s logged into dydx, can’t they just withdraw to their address? Doesn’t seem to be any 2fa for dydx. I am confused about this part.
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Check out this thread: Do Hardware wallet Manufacturers Ship to PO Boxes or Not?The best option is to order direct from the seller under a pseudonym to a shipping location not directly linked to your real name and identity. How easy or not this is to do depends on both your country/state of residence and the hardware wallet manufacturer and their shipping arrangements. Other options will to buy in person from an official reseller using cash, or to use general delivery/poste restante to deliver to a post office and then pick up with your ID, meaning you only have to reveal your name and not your address. You can (and should) choose a post office in a different county/area/zip code/etc. to the one you live in to make it harder to trace. In my area there are no places to buy it locally unfortunately. I can do the Poste Restante but how do I do this exactly? It asks for a shipping address when ordering, do I put in the DHL service depot address in there? Don’t want it getting lost and losing $100. I think the best method for me is to buy a prepaid visa or Amazon gc and just get it delivered to those Amazon hub lockers.
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So technically this pattern didn't play out. If you zoom in you will see that on all exchanges price briefly dipped below the ATL (of the year) and quickly went up. So if this patterns holds it was off by 2 weeks.
I remember when we were heading for the lows in that week and honestly it looked bad and I assumed we would be at $12K by now judging by how quickly companies were declaring bankrupcy and it was bad news one after the other.
Hopefully it was indeed the cycle low.
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How many exchanges in Canada or even for USA allowed margin trading? I think Kraken was the only one because it used a small margin pool, usually during periods of strong bull/bear trends it was always our or margin. That’s why it’s was allowed.
However Coinbase, Gemini, Coinsquare, Crypto.com, they don’t have any type of margin or leverage trading available. This I guess is why everybody used Bitmex and then moved to FTX.
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I went to uniswap to check the spreads and it doesn’t load any order book like it does for dydx or any derivative site such as Bybit. Is there any way I can check the spreads and order books for Uniswap?
Looking at etherscan gas fees currently it’s like $3 for a trade. So this is good if you are trading mid/large amounts however if you want to trade small then the gas fees will add up. So why doesn’t uniswap do what dydx does where it uses layer2 and make it gasless? With the trading fees, spreads, the gas fees will add up if you are trying to day trade.
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They made it extremely difficult by not allowing PO Boxes. When you make the order, it asks for a delivery address. What do I put for it if I want it delivered to a Dhl service depot? I need to put something there.
I know that with Amazon it’s possible to have it sent to a locker box which is at a mall. However the billing address will still have my name and address on it. And you can’t pay by Bitcoin with Amazon. Maybe would have to get some Amazon gift card and buy it that way. Pain in the ass to be honest.
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Does anyone know what the material of the platter is made off? I was thinking it would be easier to just take off the lid in front of the drive, basically what is covering the platters and just throw the entire drive into a bucket full of water and salt. Within a week depending what material it’s made off it should completely rust away.
Regarding the acid. No idea where to buy acid or even how much it would cost. I think it’s better just using salt and a large bucket of water.
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So with everything going on with CEX i am thinking of finally trying out DEX.
I am not new to crypto but I am very confused how all these Defi work exactly. So i have a few questions.
1) I need to use Metamask? Any way to use it with cold storage?
2) I looked at Defi volumes. It says Uniswap is largest with >1B in volume and then Curve. But then I looked at dydx and it also has > 1B in trading volume. However it’s not ranked as #1 or #2. So what is the difference between dydx and uniswap?
3) If you trade a lot, what can you do to reduce gas fees? I heard that dydx is gas less because it’s layer2. Is uniswap also gasless? Instead of using ETH network can I use Solana, BSC, or some other chain for lower fees?
4) Why can’t I use MyEtherWallet instead of Metamask? As I understand you transfer from Metamask to dydx, if so why can’t I transfer from MEW to dydx instead of using Metamask?
Thanks for all your help.
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By anonymously I mean I don't want Ledger to get some data leak like in the past and have my personal address exposed.
I was going to get a PO box and just ship it there, however according to Ledger, they ship by DHL and DHL will not ship to PO box. I can't ship to my work address.
So I found some on Amazon. To avoid getting a fake/scam hardware wallet I was going to buy only from "Sold by Ledger Official and Fulfilled by Amazon". However how does this work exactly? Does it ship from Ledger directly to me, or does Ledger ship to Amazon and then Amazon ships it to me? Will Ledger know my shipping address? I don't care if Amazon knows because I am not worried about a data leak with Amazon, only Ledger.
If anyone has any tips please let me know.
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The biggest difference is that perp swaps have funding rates while futures don’t. Futures have premiums or backwardation but perp swaps are usually at mark price but there is a funding you pay every 8 hours.
Basically if you want a quick trade, trade the perp swaps. If you want a long term trade then trade the futures. And keep note of when they expire.
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In a few hours we will know. I am assuming it’ll be a surprise by +0.1%, the markets will tank and then they will recovered and during the fed rate itll be the opposite, markets will rally and then fade. And at the end of the week we will be at the same price as we are right now.
I don’t see it being any higher or lower than 0.2% so it won’t be a massive hit or miss. Should be a volatile week. Bitcoins ATM IV is increasing slightly due to the increased volatility expected.
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What good does black rock telling us there might be a recession today? Why didn’t they say anything a year ago.
No point in going short. Inflation numbers are still high but stocks are rebounding quickly, look how close Dow came to ATH only 6% off. You short here and you might make like 2-3 % off the indices max and itll reserve pretty quickly.
My grandma could of said there is going to be a recession 6 month ago. Everybody knows there is going to be a recession.
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It’s about time he got arrested. I am surprised it took this long honestly. Madoff was arrested in less than a day.
What got him arrested was that he didn’t keep FTX US separate from FTX international. They were basically together and since he screwed over US customers, they proceeded to have him immediately arrested and will most likely extradite him into the US soon.
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So I took one of the drives apart and it took a long time. Maybe like 20 mins or so to get all the platters off. Once the platters are off they are easy to destroy pretty much.
However the time involved to taking just one drive apart is too time consuming. Regarding the drill, I got some crappy 20 piece drill bits from harbor freight for like $10. Last time when I tried drilling into metal the bit just shattered.
Will probably downloading that program and just wipe it during the night.
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You know what I have been hearing predictions like $12000, $10000, $8000,$5000 and some even as low as $2000 or $1000 for Bitcoin.
But hearing about a $50 BTC prediction is just crazy. Honestly if it went that low some nuclear event must of happened and it was the end of the world pretty much.
Maybe we might get close to $10k but that i still find rare and won’t happen most likely. Who is left to sell?
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Honestly, don’t believe anything that he says. Sure he wrote a good book however when it comes to investing, almost all his predictions never come true.
He was for years waiting for a stock market crash, real estate crash and everything. And for the few months he has been saying stocks will go lower when they bounced.
It’s great that he is bullish on crypto and Bitcoin but his predictions are rarely true.
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Many want a pivot for many reasons.
For example say you want to buy a home. Do you buy now or wait 6-12 months when homes can be cheaper or event rates can be lower.
For speculators they want the fed to pivot because all assets including cryptos will rally. It will mark the bottom of the cycle.
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Yes those are very attractive rates. And this is why many who got money on the sidelines are just putting it in safe bonds. Why buy crypto when it can crash and lose 50% or buy some stock which can also crash when you can get a nice >5% rate which is pretty much risk free.
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I am keeping some of the larger capacities but the smaller ones like 250gb or less I will honestly not have any use for it.
Maybe in certain countries they are worth selling but in Canada they are just not worth the hassle. You can maybe get $10 max for it and they will maybe buy 1 hard drive. If someone bought all of them for $10 each then I would sell them.
But it’s not worth answering emails, setting up appointments, waiting for them to arrive, just to make $10 is not worth the effort.
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Most likely it will be 0.3% or higher. Besides last months CPI the prediction was always either spot on or it was too low, it rarely too high.
Inflation definitely hasn’t peaked. Job market is very tight. Demand is not decreasing. Groceries and rent is very expensive. Maybe housing, gas and cars have peaked in some markets but there is still a lot of room to run.
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