man that sucks. looked like you had a pretty good plan figured out.

i always stayed a hobby miner, so record keeping is far simpler of course. no deductions, expenses, or inventory tracking etc. just need to keep track of the cost basis as coins come in.

even still plenty of ways to mess up the hobbyist front too.

wait is not GFY JJG on thursdays?

did i miss a memo?

so.. just in case its not too late..


HEY! JJG! go fuck yourself

i just do everything at gdax now, including going into or out of fiat. its slower to your bank (few days) than with coinbase but no fees either.

ive used bitcoin.tax for a couples years, works ok. even can figure out mining income for some coins, just give an addy.

quick question.

i have raven official wallet 2.1.1.0 with coins in it. i understand the newer raven wallet cant use any already existing blockchain data it has, ie i need to re download the blockchain from scratch.

if so, i just grab the wallet.dat, blow the existing install away (all files are on a separate drive in a folder, so easy), dl the current wallet and install it, copy wallet.dat back to the raven installation. then im good to go?

nice price for those thats for sure.

i am looking to get a smaller, pure sine wave, fairly quiet and fairly lightweight generator with something like 1800-2000 watts or so. the kind quiet enough for camping and such. be nice for shorter power outages where i just need coffee and electronics for a few hours.

look into a transfer switch and genset that can run most o your house.

my 7,000 watt transfer switch with an 8,500 watt genset can power everything but the electric stove (we use an electric hotplate) and electric dryer (go without it).

but the well, hvac, fridge hotwater, lights, electronics (no miners though) all most important COFFEE MACHINE.

just one cable from (keystart) genset to house and flip the xfer switch. did it so the wife could do it if im not here.

i always treated btc as a "sold as needed" thing and the price you got at the time was the price you got. no trying to time stuff, the point was to get fiat for some goal.

as im doing now.  for reasons, im selling a not insignificant part of my stack. my financial guy and i met and we decided to activate one plan now, well ahead of schedule.

*achievement unlocked*

so because of the amount im selling, i personally feel i can call 9-10k price as near bottom.

still have my trs-80 model I with level 2 roms and the expansion interface. and a lnw-80 computer (more or less a trs-80 clone on steroids). between them they have 5x5.25" and 2x8" drives but they havent been run since the 80s. i hope to get them running again as a winter project. maybe.

https://en.bitcoinwiki.org/wiki/Bitcoin_history#Bitcoin_in_2011

basically when i started in mid 2011 it was around $10. then ~$30 at some point, then crashed down to $2 in early 2012 iirc. the link will have the real info.



always used official core wallet (and actually still run it with the same wallet.dat from 2011 even now), with the full blockchain download. and moved coins to paper wallets later on as i got comfortable with them. never trusted any 3rd party wallets then, and especially not cloud based ones.

mtgox was just an on/off ramp for me. i didnt really buy, sell or trade; i mined most of the btc i had.

do you not copy the seed code or the qt code tyhat it initially gives you and keep it in a safe place or places?

i like the fact that the ONLY copy of the seed is in your possession alone and your responsibility to keep safe. as in not your seed code copy alone (as in only you have the only copies and not some cloud based crap), not your 2FA.

ive changed phones (breakage, nothing salvageable) and my paper backups of the google auth codes had me back up and running on the new phone in no time. not to mention there are pc versions of google auth you can use in a time critical situation.

thats the point. divide btc into smaller pieces as needed. a code change to add decimal places does not violate the 21 million hard cap, that stays immutable. adding more than 21 million btc violates the whole point of btc.. 21 million btc, and thats it. period.

as for a satoshi being the smallest unit right now, thats just a name. call the new smallest unit a microsatoshi (or whatever) or something. theres no real limit as to how small a unit of btc can be made.

well to be fair, even if it goes up he will retweet that last tweet and say something more stupid and childish about bitcoin.

after all tweeting stupid and childish things seems to be a hobby of his.

its eight decimal places now. that can easily be extended to 16 (or whatever) or more decimal places as needed. so, no need for more than 21 million. just add more decimal places.

between the ones on my property and others upstream and downstream they have set up shop pretty big time. lots of acres flooded. interesting how they respond to heavy rains and floods that mess things up. they can shore up a damaged damn in no time.

pretty sure they are protected here too although never checked as never intended to interfere and i  honestly dont mind nature running its course, its one reasom i bought the property with its acreage. to watch wilderbeats and critters do their stuff with no humans interfering.

i used to take the jeep down to watch them (along with doing some wheeling too of course), now with the drone its even easier.

possibly.

i must admit initially i wasnt too pleased losing several back acres to swamp/pond.

but nature will take its course, even if one tries to disrupts it. and when all is said and done, all the dead trees etc in the swamp will fall, decompose, and give life to new fertile soil for new growth when the beaver dams are gone.

and it very cool monitoring them. i can fly to and hover around 10-15 feet from the dams and lodges, plus areal views. kinda my new hobby, checking the beavers and their engineering projects out. the drone doesnt seen to bother them at all.

auto return/landing on low battery/signal loss for the win. lands right next to your passed out body.

and spying on neighbors? for shame.

of course all my neighbors have given me permission to fly over their property as need on the drones way to its main mission when needed. and of course telling the neighbors the drone is at their disposal for their own property inspection helps too. done some property perimeter runs and roof inspections here and there for them.

programmed mine to do autonomous runs around my property via gps, good way to monitor seasonal (or man/animal made) changes. mainly i use it to monitor the beavers who have set up a dam thats flooded several back acres on mine and my neighbors properties.

industrious little buggers , beavers. done a lot of flooding via their dams. natures engineers at work.

i use both, but lean towards halvening.. just sounds cooler to me. plus halvening just sounds more like "bitcoiny" kinda term as its mainly used in the crypto context. it seems to denote its special status.. not just a halving, but the halvening, a special event unique to crypto. and thus worthy of a new spelling/definition.

asked the cat a while back. and i think i finally figured out the blink pattern he uses to communicate.. its haiku!

bitcoin price will be
twenty three thousand dollars
Q3 in nineteen

all other blink patterns since have turned out to be some very creative insults.

congratulations!

i mined mine on gpus in 2011 after a tech forum mentioned it.




core wallet.


i remember getting some btc from a faucet, maybe the one gavin set up but not sure. i used the faucet to test how receive worked in the core wallet.

to sell it to dollars i xfered coin to mtgox, them used dwolla to send to my bank. dont recall exactly what the steps were, but mainly i remember dwolla wanted your bank account routing number and what your account on gox was.