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2481  Bitcoin / Bitcoin Discussion / Re: Where does Elon and Saylor store their bitcoins? on: March 06, 2021, 03:24:46 PM
It's might none of our business, sorry to tell you this but I think that's not an important thing to know.  As long as Elon Musk invested in Bitcoin and bought from Coinbase exchange, that's it.  If we dig more it might good if we ask for information from Coinbase but for sure they will not disclose to anyone such information.  Probably you can find information on the Twitter account @Whale_Alert which gives a signal upon having a large transaction transfer from exchange to the unknown wallet address.

Probably it's a Hardwallet wallet or any cold storage that they can store their Bitcoin safe.  We know how smart Elon Musk if someone knows where his Bitcoin stored, might scammers will take advantage.  It's billions of dollars worth and that is a huge amount if someone could able to leak his wallet.  Being a number one richest man on earth, you might be doubled secure yourself and your assets for sure.
2482  Economy / Trading Discussion / Re: Bitcoin Trading from Scratch on: March 05, 2021, 05:19:53 PM
The method to employ are simple. Diversify your trades. ...
Minimize trading costs. ...Watch Trading times. ... Make sure to follow Bitcoin News. ... The use of technical analysis is essential. ... Finally, use stop losses.
It might be easy to say but I think it is hard to execute when you are in the trading field.

Trading isn't an easy way of getting profit(especially in day trading), there some instances that gaining profit by the luck or in your technical analysis.  If you're from the scratch, there are too many consequences to come, and possible loss is very common in trading, so isn't have any assurance since you know those mentioned above you didn't get a loss.

I tend to agree above that holding is a play-safe investment in crypto, if you can wait for a perfect time, that's good for you.  Because investment in Bitcoin or in crypto is always good if it is a long-term investment.
2483  Other / Beginners & Help / Re: Some quick advices for crypto newbies on: March 05, 2021, 04:26:50 PM
1. The best time to build a portfolio will always be in bear market
It's good advice, but how did you know when the bear market will exactly happen?  When the exact time to build a portfolio?

These are the most common question of the newbies that I always noticed since we don't when the market becomes bear and when it becomes a bull trend.
 It's always unpredictable regarding that matter.  IMO, anytime is a perfect time to enter the market either bull market or in a bear market, but the question is how long you're willing to wait and to see that your profit was there.  Crypto investment isn't a matter of weeks or months, it should be better if we talk about years of holding your portfolio.

Quote
4. Don't bother building mining rigs when ethereum  mining have become profitable for months already and difficultly have rise up so much, meaning you will be buying a 250$ gpu for 600$, yes it's happening with rx580 8gb right now, care more about making your ROI back fast before bear market gets here.
It's a good idea too, but it might depend on which country you are in, mining isn't the most profitable if you are in a country that has very expensive electric bills.  Otherwise, it might you will save from electricity costs if you're in a cold place country.  Like Russia or China.

There are too many things to consider before making an investment in crypto.
2484  Other / Beginners & Help / Re: My first journey with crypto wallet on: March 05, 2021, 03:49:39 PM
Never trust anyone about your crypto wallet, even family members I selectively trust those super close with me.  A friend of your friend isn't good to trust them because when we talk about valuable stuff, sometimes a good person turns into an evil one.  So treat your crypto asset as real money, because it is valuable for anyone who have.

In fact, you can learn on your own and don't rely upon other knowledge, storing Bitcoin and how it will work is very easy and it might take a week for you to study it.  I hope your new wallet now didn't expose to other person and learn how to have a strong password and how to keep your private key safe.  These links below might help you to store your Bitcoin safe and I recommend using Electrum and how to verify and stall it.


Or the hardware wallets for the best choice.
How to Install Tails OS on USB flash drive for Wallet Purpose

Good thing we had a lot of good and very informative posters here and knowing more technical stuff about Blockchain wallet is very easy.
2485  Other / Meta / Re: [ENDED] [Quizz] My Bitcointalk Quizz #2 on: March 04, 2021, 02:58:02 PM
Oh no, it seems the 50 spots have been filled already.  I'm so excited to join but unfortunately, I'm late for this quiz and it might be fun.

It says,
"Uh-oh! This game has already reached the maximum number of players. Ask the host to increase the limit!"

I saw this and I thought I'm a 50th player.


Is there quiz #3?
2486  Economy / Service Discussion / Re: Coinbase support on: March 02, 2021, 11:57:17 PM
The last 24 hours Coinbase problem shows here.

source:

It seems they face a lot of different problems every day and I tend to agree with the comments above, you need to wait for the response of Coinbase.

In Reddit, they had also support but I don't know how often active they are on that platform.
https://www.reddit.com/user/coinbasesupport/
2487  Other / Beginners & Help / Re: Need advice on: March 02, 2021, 11:41:34 PM
There are too many factors to consider before we can give advice to the OP.  Op didn't give full information regarding his life status of where OP's live.

For Bitcoin mining, if you live in a cold place and has cheap electricity bill cost, mining is good for you.  Because everything depended on the energy consumption cost while you have a plan to have a crypto mining business, you should calculate first the mining facility cost and other expenses while operating mining.  Remember that mining had higher investment and monthly cost, from buying machine until it will operate you also need to prepare fund for the maintenance costs depending on the energy use of the Bitcoin miner.  However, this might help you and I saw this before, the Bitcoin network energy estimator.

For investing in Bitcoin, I think a lower risk than mining.  Because you need to do is to invest while the Bitcoin market is low and wait until your profit was there and sell, the only problem is when you can't wait to sell your Bitcoin or become panic and sell and accept your losses.  But if you can wait for the potential growth, you always have a profit than a loss.

Both of them have pros and cons, do proper research first before taking any action.
2488  Economy / Trading Discussion / Re: Quit My Full Time Job to Trade Cryptos Full Time on: March 02, 2021, 10:53:46 PM
In the past month and a half i've made over 100k arbing different markets and developing a very hard-to-beat strat. I submitted my resignation to my full time job last week . Wish me luck.


Long live crypto.  Cool
Good luck and I hope that's not a coincidence because, for me, I prefer to have a job while doing trading as my source of extra income but of course, I can't do full-time trader but I can still do trading like long term treading.  That's really impressive that you've earned that big amount in just a month and in half, a good thing if you can maintain this and consistently making a profit every month if not, it's just luck that sometimes we may experience at the first time in our trading activity.

However, there are few traders I heard that the arbitrage is really working for them, but this doesn't mean a guarantee that you have to earn always and always have profit.  Sometimes we need to face those worst consequences that commonly happen on trading activity and I hope you're ready for that.

Make sure that you have withdrawn the initial amount of capital to your 100k profit and save this at least for whatever happens.
2489  Economy / Economics / Re: The bitter reality on: March 02, 2021, 05:10:44 PM
It's very pathetic and sorry for the loss in our co-crypto enthusiasts who live in that country, as I can say to myself, we're still very lucky to our government and we didn't do the same as them.

But, this isn't the end of the day for all crypto enthusiasts of Nigeria, they can still use cryptocurrencies or Bitcoin through decentralized exchange or even P2P exchanges and move quickly to non-custodial wallets.  Let's see what are those consequences waiting ahead while they are rejecting the good opportunity to becomes a most successful country, even though the most developed country was adopted Bitcoin, how much more to them.

To those who know alternative ways and staying pseudonymous in using Bitcoin, they will not much more worries as of now.

2490  Bitcoin / Hardware wallets / Re: Hardware Wallets banned in India?! on: March 02, 2021, 04:50:07 PM
~ Pathetic governmental dipshits.  
It's totally it is.  I can't imagine how long they tend to ban cryptocurrency and especially the most very common currency, Bitcoin.  Since 2013 when the first announced that the RBI forewarned their citizen regarding investing in crypto and then followed by the year 2018 when RBI again banning all crypto activities regarding crypto dealing such as trading and mining.  And then again, in 2019 when the  Finance Ministry committee recommended a ban on all cryptocurrencies and the last is this year 2021 a full blast of imposing a ban, how long they'd struggle of banning Bitcoin or in crypto in general?

Probably it has more effective if people were strictly prohibited from using Bitcoin and also from using a Hardware wallet if they will impose punishment and a large value of fines to those who will be caught upon using it, but as said above, it seems to they treated this as drugs or heavily powered weapon that has a threat to their country which is a very pathetic mindset.
2491  Economy / Web Wallets / Re: How to get my old bitcoin wallet back on: March 02, 2021, 03:59:58 PM
Why it needs for you to create another thread, this has been already posted on the web wallet section.  I'm the last user who answered your question if this doesn't yet solve your can update your old thread there regarding this problem.

I think the comment of BitMaxz was correct and relevant to this problem that you currently facing at.

Brute-force is the best solution to this and there's a video tutorial from YouTube that you can have as a preference to solve this issue.

Anyway, lock this thread and update your old thread.  Scroll down on this page and in the left corner, you will see a "lock topic" option.
2492  Other / Beginners & Help / Re: a reminder for the newbies on: March 01, 2021, 11:57:12 PM
It's a good reminder and I tend to agree with it.

To be honest, there's nothing wrong if you regularly visit the crypto market price for tracking the price, at least your can hold your emotion to be calm whatever you see.  As real crypto enthusiasts, they know and understand how the market will work and when to sell and buy our crypto-asset with our perspective way of gaining profit.  We know that Bitcoin is good for long-term holding and had witnessed several times of achieving the all-time high of the price.  No doubt it's worth it to wait for a long term.
2493  Bitcoin / Bitcoin Technical Support / Re: Just was robbed on: March 01, 2021, 11:48:03 PM
It seems very odd that they sent your bitcoins to 2 different addresses.  Maybe you sent the transaction yourself while you were drunk? or high? or sleepwalking?
Lol, it's 4 days old, and look at the Ethereum TXID, it was landed on the exchange WhiteBIT.  It might be OP forgot that he made a transaction at that time.

Then, if your story is true.
Don't use the previous device that you have used where your crypto-assets that has been lost.  It might now be unprotected and presumably infected a malware virus that the hacker can able to access your wallet's credentials.

We should always find how to safeguard our crypto assets and treat them as one of your valuable stuff.  Our responsibility and diligence to keep them safe at all costs.
2494  Alternate cryptocurrencies / Altcoin Discussion / Re: What wallet has the most crypto alts supported with the lowest fees to swap? on: March 01, 2021, 11:33:41 PM
You can alternatively use Atomic, Trust wallet, and Crypterium for swapping altcoins, don't forget to ask from support before deposit.
all three are very good for swaps but the fees burdened are still high...
especially Atomic, which has a minimum swap limit. I think all fees charged by wallets that provide the swap feature are the same cmiiw. This is the reason why I don't really like the swap feature that the wallet provides
All of these 3 wallets mentioned above, only Coinomi I had tried to use but they also used a third-party swap exchange like IIRC Changelly which is had terrible fees upon swapping your coin.  If we ignore the fees, I will choose this Atomic wallet which is supported by 500+ altcoins and tokens to swap.

But if you're going to ask me, why not choose an exchange that has a low fee instead, there's Binance or Binance DEX, immediate swapping will cost huge fees and I don't think that is recommendable if you want to save some extra $ through fees.

I tend to agree, avoiding them is much better if you're concerned is about the fee.
2495  Bitcoin / Bitcoin Discussion / Re: Longest transaction confirmation time? on: March 01, 2021, 10:56:44 PM
I am very cheap with fees. I've been waiting since Feb 16 for a BTC transaction that I sent from 1 wallet to another. The fee was 8 sats/byte. I'll report back when it confirms because this is already a record long (13 days)
Your transaction fee with 8 sats/byte is quite low, presumably that during the days you'd make a transaction is a peak day of the mempool network.
However, it barely happens that the mempool network will drop transactions, it's commonly be confirmed but it will take approximately 2 weeks for you to wait.  Just keep trying to accelerate your transaction using Bitcoin accelerators, it might help if you get lucky and I suggest using ViaBTC as I have heard, they owned mining pools.

Let us know here if ever your transaction will beyond 14 days.
2496  Other / Beginners & Help / Re: New to Crypto looking to start on: March 01, 2021, 05:50:15 PM
I honestly to tell you that there's no guaranteed profit in trading, it seems like you gamble your money on trading.  There's no need to hurry in trading if you're new to it, just keep mastering your technical analysis to have the nearest result of the forecast in every trading execution.

Earning consistently is also didn't have a guarantee.  You need to learn first and have quite more experience, but if this is your first time, you must be ready for possible consequences.  I'm not discouraging you but at least, you're aware of this.

I suggest giving it a try in a trading platform that has a copy trading feature, like the eToro exchange platform.

What is Copy Trading?

eToro has pioneered the concept of Copy Trading, which enables you to automatically copy traders of your choosing, replicating what they do in your own accounts. Simply put, it’s trading in financial markets by having other people from around the world doing the trading on your behalf.
2497  Economy / Web Wallets / Re: Blockchain lost wallet. on: March 01, 2021, 05:34:25 PM
Welcome to the Bitcoin forum and all two suggestions above were right, I tend to agree with them.

Your fund is safe and recoverable once you have the most important thing of Blockchain wallet, the 12-word recovery seed, and the email address where your Blockchain account wallet associated with.  Once you will successfully recover it by brute-forcing or importing your wallet, you can set a new second password.

Aside from the useful Youtube Video above, here is also a blog btcrecover Tutorial

Once you recover, I suggest transferring it on an open-source wallet like Electrum.
2498  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: What made you prefer Hitbtc over Binance? on: March 01, 2021, 04:53:57 PM
Just stick on Binance, you're on the right path.

HitBTC is selectively scamming their users and I saw different stories if you visited this board and find their ANN thread you will never see good feedback there against to HitBTC exchange.  It's always stuck and loss withdrawal or locking accounts for no reason.

There are more advantages on Binanance while HitBTC is full of disadvantages which it should be avoided with all cost.

I have an account on both of these exchange platforms, but when HitBTC imposed their KYC verification (IIRC year 2019) I stop using them since as much as I can I will avoid KYC for a good reason.
2499  Economy / Exchanges / Re: Help on: February 28, 2021, 05:15:11 PM
How about trying to locate a bitcoin ATM?  If you've got a debit card, you should be able to get cash easily enough, and if you've got cash and have a bitcoin ATM somewhere nearby, you're good to go.  
Yes, ATM is the most convenient way of buying and selling Bitcoin if you don't mind the fees, I never tried this but as I have heard, they had terrible fees which are really hurtful to your pocket.  You can locate it through this site (https://coinatmradar.com/) and find Bitcoin ATM machines near you.

For now, there are:


For an exchange platform that allowed users to use debit cards and reputable ones I think, these are worth trying, and don't forget to have research first.
  • Etoro
  • CEX.io
  • Coinbase
All of these have pros and cons, make sure to have further research before you use it.
2500  Other / Beginners & Help / Re: Low fee causing unconfirmed transaction on: February 28, 2021, 04:33:59 PM
Transactions are irreversible. It’s just stuck on the blockchain, and it’s highly expected that low transaction fees are the cause of the delay for it to be fully confirmed. I have done that before on a low transaction, and it took me a long while to make it confirmed until someone suggested for me to use a Bitcoin TX accelerator. That would solve the problem, but only a limited number of users can use it every hour.
That's why in every moment that you are trying to make transactions on Bitcoin, I suggest always check these sites first before deciding to transfer your Bitcoin to another wallet. (Mempool and Johoe's Bitcoin Mempool Statistics ).  To know what exactly the required amount by the network needed if you're in hurry and I don't think this TX accelerator will help much more seems they already rebroadcast your transaction, I much prefer to use (RBF) Replace-by-fee for the stuck transaction due to causing a low fee.

But I rarely heard that about transactions get rejected by mempool by low fees, it will always be confirmed but it takes a couple of days or weeks.
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