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41  Bitcoin / Wallet software / Re: Are there any wallets like the Exodus wallet that allow staking crypto? on: August 12, 2021, 08:57:29 PM
Okay thanks for the suggestions.

ADA, VET, SOL, ATOM are the ones I'm trying to do. And maybe others one day. Too bad you cant stake bitcoin.

I guess there is no way to know what info exodus or other software wallets keep on you?
42  Bitcoin / Legal / What if there was Crypto credit as a way to legally avoid capital gain taxes on: August 12, 2021, 08:52:51 PM
Idk if right section but my idea is since the IRS doesn't tax credit, what if there was a way to trade in "credit" instead? You know how you get cash back from credit, or even just positive credit statement balances? What if you could tap out gains in crypto in the form of credit so it doesn't get taxed?

Sorry I'm kind of a noob or maybe just not the brightest in terms of knowing legalese so someone can, please politely, explain how that would probably not work, and maybe how it could if something were changed?

It's not fair that people in the US can't trade alt coins without a cap gain tax taking literally nearly half of every single trade you do.

Obviously some buy bitcoin anonymously and ... we'll just say end up not worrying about cap gain taxes.

but it's crazy the average person who doesn't want to "bReAk tHe LaW" will get punished if they get one thing wrong on something. like imagine making thousands of trades, and those trades are not even that profitile, but the IRS wants nearly half of each trade, and you haven't even cashed out yet.

It's even more funny when about half of the millennials/gen z I know don't even know you have to pay cap gains taxes. So far none of them have ever gotten audited by the IRS or chased down or anything. I don't think they really care to go after people who aren't earning much. In fact, I have seen contradictory stuff. Like one website said you don't have to worry about cap gain taxes if you make less than a certain amount, 10k or 15k? a year or something. idk. SO maybe that's why the IRS doesn't go after them. Idk. I myself don't even know the laws.....
43  Bitcoin / Bitcoin Discussion / Does anyone know what the most successful whale wallet out there is? on: August 12, 2021, 06:47:31 PM
Like a btc whale wallet address that has been the most successful at buying bitcoin right before pumps and selling right before dumps? Surely there are some out there that one could track to predict prices?

Oh hell for that matter, does anyone know some famous addresses? Like famous successful youtubers btc addresses are? Although they're probably trading on exchanges. Surely there are people just buying/selling from their actual address right?

I've tried analyzing graphs, learning stuff, and I'm successful maybe half the time. It's about a coin toss. For example. I think we've had a recent spike up.... from what I know, we should have a correction, but we're already going through a small one, as to how far down. no idea. but I'm guessing it might go back up after this. No idea how much. I just know, bunch of green candles, the more of them, the higher chance of correction down. Similar with red and the inverse, more red, more chance of seeing a green.

But apparently, there are some master predicters who are right most of the time and they've been doing this since the early days of bitcoin. Seeing what they're gonna do is prob a good indication of what's about to come.

many of them anonymous, so it doesn't need to be a "famous youtuber" or anyone special. just any good big wallets that have? Idk.
44  Bitcoin / Wallet software / Are there any wallets like the Exodus wallet that allow staking crypto? on: August 12, 2021, 06:37:50 PM
I know of Atomic wallet, any other trustworthy ones? And especially ones that use Tor to activate like the electrum wallet. Apparently IP addresses can be tracked not using Tor with the wallet?

So are there any trustworthy ones that have popular alt coin support and allow staking that use tor to connect?

I'm probably asking for too much.
45  Bitcoin / Wallet software / Re: New metal seed backup method on: August 12, 2021, 06:00:41 PM
Where do you find cheap stainless steel plates? I cant find any where I live and online is all ridiculous prices.
46  Economy / Exchanges / Is there any platform that allows buying of crypto with a cheque? on: August 08, 2021, 03:34:25 PM
ANY place I could try to buy using a cheque?

I tried paypal, but they don't accept personal single party checks which is my dilemma.
47  Alternate cryptocurrencies / Altcoin Discussion / Re: Are there any wallets that let you stake Ethereum? on: August 07, 2021, 07:16:38 PM
Thanks for the suggestions! I assume trust wallet doesn't do KYC? And does it have higher return rates?
48  Alternate cryptocurrencies / Altcoin Discussion / Are there any wallets that let you stake Ethereum? on: August 07, 2021, 06:55:01 PM
Like exodus or... ?

Like is there a list? Exodus allows staking ADA, VET, SOL, DAI, and others but not Eth.
49  Bitcoin / Bitcoin Discussion / Re: I feel like there is no way to keep up on: August 05, 2021, 04:33:12 PM
Thanks for the replies, a great diverse range of opinions were given here.

Yeah. Maybe I dont need to own one bitcoin. I think I just hear so much about these people with so many multiple whole bitcoins I feel like it's been the "norm" for most people. All these youtubers and so many other people on the internet, they're prob already less than 1% of bitcoin holders so I've probably thought whole coiners were more of a norm which was depressing as it would take at least a couple years for me, even if I had literally no bills and could save 100% of my income to dump into bitcoin to be able to buy one entire one.

So, I need to get back to just re-finding peace in my situation and stop thinking about it so much. Maybe all my sacrifice will pay off one day.

I know a guy whos boss literally mined hundreds of bitcoin back in the day. I just kick myself for not looking into it more. I just didn't know the price fluctuated. I feel so dumb thinking it was just "pegged" at a certain price and didn't move much. So I was like okay... I didn't really see the point, especially since back then they said it's only good for buying stuff on the silk road. Uhg. Well I know now and that's what matters.


And yeah thanks everyone for snapping me back to some degree. I should keep just DCA-ing into bitcoin mostly. Altcoins with any extra during dips. Just sticking to the ones listed. Maybe one of the alt coins will pump and I can convert it to helping me get to bitcoin, maybe not. Idk.

All I know is no matter what happens I'll never sell my bitcoin and I'll prob just look at it as a generational thing.

50  Bitcoin / Bitcoin Discussion / Re: I feel like there is no way to keep up on: July 31, 2021, 10:12:42 PM
Just watching how many hundreds it's going up each day. I really appreciated this dip. I legit dumped everything I had into it. I was actually hoping for a bear market to buy more at cheaper prices. I still am not sure we're not gonna hover around this long dip/mini bear market longer idk.

But just thinking about how if it is the bear market for the supercycle.

With bitcoin going up in price. To eventually own just 1 bitcoin. I've been buying periodically over time...

Would you mind sharing when you first started investing? I followed the same path as you, investing a small amount at a time according to the dollar-cost-average method.


I only started like late last year. I heard of bitcoin years prior but I didn't know it went up over time so I just thought "crypto currency" was internet money. Like, the dollar, it doens't really go up or down that much. (ik it kinda actually does but u get the point)

I feel so agro that I didn't get in way sooner. god... I feel like I'm buying the top. I'm just hoping in another few years it will go up and I'll not have thrown away my hard time/labor. I think it's going no where but up long term, but for how much higher idk. It turned into my "hedge against inflation" to a pipe dream of not being in poverty. That would be nice. not counting on that happening in my life time. I think my only goal is gonna be have a kid or two, and hope I did enough in saving/investing so that they wont have to grow up in poverty like I did.
51  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Altcoins replace Bitcoin?!?!? on: July 31, 2021, 08:59:04 PM
One day but not any time soon. Trust me.

I will take maybeeee a decade or so before MAYBEEeeE maybe, something like Eth or ADA takes over.
52  Bitcoin / Bitcoin Discussion / I feel like there is no way to keep up on: July 31, 2021, 08:55:18 PM
Just watching how many hundreds it's going up each day. I really appreciated this dip. I legit dumped everything I had into it. I was actually hoping for a bear market to buy more at cheaper prices. I still am not sure we're not gonna hover around this long dip/mini bear market longer idk.

But just thinking about how if it is the bear market for the supercycle.

With bitcoin going up in price. To eventually own just 1 bitcoin. I've been buying periodically over time... I'm no where close. If bitcoin reaches 100k or higher, it will be more than double the time, then, if it keeps going higher. lets say goes to 200k, then bear market back down to 100k. well unless I get a job that pays decent.. it seems impossible. I already spend literally everything I have leftover, aside from rent, utilities, food, etc. you know. Like. My main source of entertainment is just crypto news videos.

That's why I've came to the conclusion that I have to risk it and invest more heavily into alt coins. In the hopes doge pumps again. next time if it gets to just 50 cents I'll sell half and convert to bitcoin maybe. same with the others. I mostly am just holding ADA, KSM, XMR, VET. If they can pump up at higher percentages, maybe, I can keep up with the average investor maybe.

Maybe I wont care if bitcoin keeps going up. Maybe one day just 0.02 btc or maybe 0.04 if I can put more in before the percentage of dollars to btc becomes so far off everything is negligible. maybe one day it wont matter if you cant own an entire coin. maybe 1mbt will be like what 1 whole bitcoin is today, or even just 1 satoshi will equal 1 dollar and I'll be a millionaire in that way. Or maybe my kids will be idk.
53  Economy / Speculation / Re: Who's been buying recently? on: July 28, 2021, 11:01:35 AM
We've been in a big bear market but there is a sudden pump.

Is this a giant whale or few whales buying up, retail, some companies? Any way to track the major buyers/sellers?
You can follow this Twitter account Whale Alert and analyze where the big transaction of Bitcoin comes from.  Every big transaction whale alert has a record on it and they will publish it on their Twitter account.  Yesterday I thought that it was caused by Amazon accepting Bitcoin as a payment, but that's only a rumor and there's an article saying that they deny that issue.  So, IMO, there's someone again manipulating the price.

Quote
Last time before this bull-ish market around January, bitcoin and eth started climbing high, but alt coins lagged some before going up too. They didn't just go up immediately like they are right now
Give 100% support to Bitcoin and your investment would be fine.

Thanks. Yeah I heard a whale bought about a week ago and it's what started the price jump.

I heard some stuff with amazon as well with crypto. Maybe a mere rumor moved the markets?

Either way, I bet there is still some manipulation. I'm thinking it has to be by just a few large whales maybe right? I think if I can find out what those wallets addresses are doing. just buying when they buy and selling when they sell we can do good in the market.

I see in the memes, someone called Bogdanoff likes to screw with people but... he's not real right?
54  Economy / Speculation / Who's been buying recently? on: July 27, 2021, 01:03:54 PM
We've been in a big bear market but there is a sudden pump.

Is this a giant whale or few whales buying up, retail, some companies? Any way to track the major buyers/sellers?

Also, when these whales or whoever start buying, alt coins move up. Is this the result of the whales also buying other alt coins as they buy bitcoin, or an automatic reaction by bots or retail/people constantly watching 24/7 who buy alts?

Last time before this bull-ish market around January, bitcoin and eth started climbing high, but alt coins lagged some before going up too. They didn't just go up immediately like they are right now
55  Alternate cryptocurrencies / Altcoin Discussion / What would happen to DAI if Tether collapses? on: July 19, 2021, 11:00:10 AM
If the worst case Tether FUD comes true?

If you have a lot of money in DAI, are you safe?
56  Alternate cryptocurrencies / Altcoin Discussion / Re: Anyone remember Ambrosus? on: July 16, 2021, 01:15:38 PM
They're not that active since the hard fall, because as you can see there's no progress in it although it showing green percentage in coinmarketcap, for me this project is unpredictable, just imagine because they can't even regain the current ATH since 2018 and it's been long time ago and seems they're stuck up . So op what are expecting?

Yeah. Doesn't look like they've recovered which is so strange. Waltonchain and especially Vechain also fell since 2018 but Vechain in particular has really risen up. I think they're super undervalued. When you really start researching the fundamentals behind blockchain supply logistics tracking. And the fact that so much of our world is heavily reliant on shipping goods around. I really think Vechain will explode one day.

However, this goes back to Amrbrosus. I'm not really sure if they will recover again, but I think there is huge potential IF they are still working on their project to come back as a green god. Idk if they'll ever catch up to Vechain but there are certainly massive gains to be made because they are such a low cap altcoin with huge real world use. And it really seemed like, "from what I saw" they had everything already laid out almost. Which is why I am surprised to see that they hardly blipped during this last "bull market" but it makes sense if they're legit a dead project.

It's just hard to see a project that seemed nearly complete, with so much potential, be dead. Vechain already has a partnership with the Chinese government and many different companies which is why they have skyrocketed during this last bull run. Obviously the Chinese see the utility in such an idea. It wont be long before other companies around the world realize the huge savings they could be making by using blockchain as supply management.

With Amrbosus vs Vechain. They both started when the idea of blockchain based supply management was just an idea and started to make it a reality. Vechain started to win the race and has a huge head start. But I dont see and reasons why other competitors cant catch up to compete. I also have a feeling Vechain might hit a glass ceiling one day because of its association with the Chinese government. Western companies might be somewhat turned off by that. I'm sure eastern companies, obviously starting with China, but maybe even Russia and the other side of the world might find themselves using it. Ambrosus could (if they're alive, kicking, and perfecting their project) could easily start partnering with western companies. So far western companies are pretty skeptical of this idea. China is leading the way with Vechain so there are already real world works going on. If Vechain starts to successfully implement itself with the companies they are working with now, and Western companies see this, they will prob want to fomo into it, or a project like it.

Amazon may be trying to create its own blockchain supply management. Rumors go anyways. Why they dont just use a pre-existing one is beyond me. I guess outside of their control. But that shows me the demand is pent up and not many even realize the need for it.

I just need to figure out what Amrbrosus is actually doing now. If they're working on perfecting their project then I dont think it's dead. I think there is huge potential... Maybe they might wait for Vechain to break its pegging to bitcoin (in the sense that most people just treat it as a cryptocurrency no different than any other alt coin, not seeing its real world use) and start getting mass adopted shooting up in price, then offer their project and people flock to that as it would be a fresh company to start up with while it's still low cap.


But, this is probably years away, and wont happen any time soon so I wouldn't suggest really say I'm gonna start investing in Ambrosus or anything like that too much because I think it's gonna continue to go down or sideways for a long time to come. But one day I think if they're still working hard on it, they're gonna release some updates and it's gonna be like some of these altcoins that were previously low cap for yeaarrsss but then some company, or famous rich person tweets or talks about it and it pumps up, and it goes ballistic to the moon and while maybe never making it into the top 5 or even 10 it might jump up only a short ways away behind Vechain. All maybe and speculation.



In short, keep an ear out for progress in that field. I know a good bit, no expert, but a good bit about how supply chains work now and they are very outdated. You know how much money in terms of goods, time, etc. get lost thanks to antiquated supply tracking? That US pipeline thing prob wouldn't have happened if the pipeline was managed at least in part by blockchain technology. Instant notification and delivery status any time checking is a huge deal. Imagine that ship that got stuck in the Egypt gulf canal, if every company was using blockchain technology it would have instantly alerted "hey, blockage here" and if your ship is still say in the Indian ocean, the idea of "okay, maybe start going around" would be feasible. It's not now because some companies, it took hours to days before they even reacted.

And so much waste sometimes happens for lost goods, food and medicine going bad during transit due to weather changes. All of which could be mitigated by real time accurate data from simple QR code scans during each stop. " The National Cargo Security Council (NCSC) estimates that the global financial impact of cargo loss exceeds $50 billion annually. "
 https://www.inboundlogistics.com/cms/article/the-full-cost-of-cargo-losses/

Blockchain management wont solve this 100% as some of its due to mechanical things like cargo literally being physically lost. But much of it is sloppy/human error due to bad information. item goes on wrong ship, item gets stolen, items are marketed incorrectly, items stolen, people not doing their job. A simple QR scan for everything with a simple status input would simplify and make tracking way more accurate than the current system of people literally writing down or typing down everything and passing it to the next guy and hoping no one makes errors. When you think about that, and realize that something like Vechain, even if it only helps solve 1/3rd of cargo/supply mishaps and mysteries would be saving billions, you'll realize when word/wind gets out, there will be big company fomo to get their hands in the cookie jar. We just need to see more real world use. It's already going on but just in small scale. So, it's just a matter of time till it explodes.

TLDR: My point is blockchain supply management is criminally undervalued for the real world. Once it is discovered how incredibly useful it is, there will be an explosion of investment into it. Ambrosus may never come back, if it doesn't, I'm sure there will be more competitors to Vechain but the idea of blockchain supply management is revolutionary and is way more than just a crypto "currency" more so than it is a useful company application that can save billions of dollars. Companies only needing to pay a small amount of money to save a crap ton of money will prob fomo into it one day.

57  Alternate cryptocurrencies / Altcoin Discussion / Anyone remember Ambrosus? on: July 15, 2021, 11:15:07 PM
Anyone think they're going to ever make a comeback or are they totally dead?

58  Alternate cryptocurrencies / Altcoin Discussion / Re: Since DAI is backed by cryptocurrencies what happens if there is a mass sell off on: July 15, 2021, 09:27:00 PM
DAI is a decentralized stable coin. Liquidity of DAI is smaller than Tether USD but if you want a decentralized stable coin, it is your choice. Tether USD (USDT) is centralized.

Top 10 stable coins of 2020
Quote
5. Multi-Collateral Dai (DAI)

With over $100 million Dai circulating in the market, the stablecoin has already attained a steady growth of 27% per month, stemming from active partners transacting remittances and payments to different websites and applications in turn accepting the coin.

It was launched in 2017 under the creation of MakerDao, and similar to others, it also allows USD as a reserve asset in exchange for stablecoins or Dai.

Recently, the stablecoin has expanded by launching the Dai Savings Rate, allowing users to earn just by using Dai. This innovation has been all over the crypto space, which entices more utilisation of Dai in future transactions.

If it's Decentralized does anyone audit their resources?
59  Alternate cryptocurrencies / Altcoin Discussion / Since DAI is backed by cryptocurrencies what happens if there is a mass sell off on: July 15, 2021, 05:00:14 PM
Sell off of DAI?

So like lets say bunch of people buy in mass sell their bitcoin for like 60,000 USD in DAI, bitcoin drops to 30k.
Everyone still has 60k of DAI, but if bitcoin is only worth 30k then how can they cover if everyone sells their DAI for us dollars? Huh
60  Alternate cryptocurrencies / Altcoin Discussion / Re: Exiting altcoins at the correct time is the best thing you can do do with them. on: July 07, 2021, 09:51:20 AM
Since the price of an altcoin with a BTC dump decreases to 80-90%, it is necessary to use a stop loss. Otherwise, you will have to wait a very long time for the price of altcoins to recover after the dump. But even in the event of a market recovery, not all altcoins will return to their ATH, most of which will remain at the bottom.

Yeah, I'm hoping since I bought mostly alt coins that are somewhat well known, they will return to their all time highs. I'm also crossing my fingers for the day the world realizes Vechains real world utility as a huge time and money saver.
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