This remark .... I can't figure this out.

Success has nothing at all to do with starting anytime.

Example 1: Bob has a nice gaming machine, which has a 1080Ti. Bob can earn about $7 per day on NiceHash with this machine, or more realistically about $5 per day while he works and sleeps. Bob is not interested in putting "RL money" (as Bob sees it) into Crypto, so Bob should mine away - he's doing OK.

Example 2: Fred wants to spend $1000 either on a mining machine or on currency. Fred likes the thoughts of mining, because he's tech-inclined. But Fred realises that getting his $1000 back is going to take a lot of time, and in the meantime, he's missing all that lovely crypto-volatility, and ensuing profits/losses. Fred should probably buy, perhaps trade.

Example 3: Jeremy (I'm running out of names, dammit) has $5000 which he wants to invest. Jeremy believes in crypto as a long term fix for many real world issues. Jeremy has been a travel agent for 30 years, and this represents a fair amount of his free capital. He does not like trading. Jeremy should research his projects, then buy and hold.

Jeremy, Fred and Bob are not real people, and there are many layers in between these examples. All are valid, depending on what your gut, the market, and your personal belief tell you.

"Start from scratch for success".....nope. Nobody gave anyone a medal for reinventing the wheel.

Looks like it is possible, just not sure if practical.

I was exploring an idea based on a recipient receiving a package, with trust that the sender would not be (ever) able to get the contents.

However, the recipient would need to set up "an" address...this is not what I wanted.

Trust seems to be the key, so I'll think my way around the issue

Thank you all for opinions, and confirmation of my initial thoughts!

Hmm....this could be an option?

https://bitcointalk.org/index.php?topic=81865.msg901491#msg901491

Technically a bit beyond my understanding at the moment, but the theory's the same...

Hi all,

Theoretical question only

Let's say I want to give my friend Bob a wallet with 1 Bitcoin in it, cos I like Bob.

I want this to be wholly owned by Bob, and for him to have confidence it cannot be compromised - e.g. by me, the creator of the wallet. Bob's a suspicious one.

Is it possible for me to create a wallet so that the private key can be given to Bob without me ever being able to recover it?

Thanks

I'm doing my best to recover my old account, but although I know the email and have access to it, I am getting the message "This account has not yet been approved".

Can anyone advise?

Thank you!

TLDR: Nope.

Briefly got into the mining craze in early 2013, then life forced me to change direction.

Dragged out the old PC last weekend to see what interesting wallets I might have....

None, as it turns out.

Almost all funds (I think about 250 LTC was my main one) held on Cryptsy. Welp.....yeah, ok.

I do have a lot of FateCoin, if that one ever comes back

BitCoin core contained approx $40 worth of BTC....pretty happy with that tbh

Awesome thread!

So for me, I first got introduced by my little girl's godfather, in Christmas 2012. Bitcoin had hit something like $12, and he'd mined a shitload when it was CPU and GPU mineable. He offered to sell me 40 BTC for $100 - "mates rates".

I declined.

Yes, I know. What a decision. But he's not the most communicative guy in the world, and what he positioned to me was basically "internet zenny-coins, someone might someday sell you a coffee for a thousand of them". This is not how he phrased it, but that's how I heard it.

He spoke to me again about it in Feb 2013, when I got briefly obsessed, because it had risen to like $110-ish per BTC, again offering to share his mined coins at a really reduced price. He's a nice guy I didn't have much Fiat at the time, so I declined. He sent me 0.3 BTC as an encouragement payment - I had it stored on Cryptsy (ultimately - I transferred it around a bit) :/

Then in May 2013, my little girl, who was 3 at the time, was diagnosed with Acute Lymphoblastic Leukaemia (ALL), which as you can imagine somewhat rearranged my priorities. I didn't even look at Crypto again until this year, when she was a year clear (happy ending!!!! ).

Now, here I am, wondering if I can get back in. I currently like Ripple, and the idea of punting on penny shares (new altcoins). Let's see how it goes!

And that is me

Thanks N0One, this helped me

Well, if you are buying it prebuilt, then how much is it? If you're building, then work out your ROI and decide if you're happy with it.

Also, I am having trouble seeing that PSU run 7 cards.

OS is subjective. I personally prefer Win 10, but you'll get lots of opinions on that.

Thank you Adolfin! That's what I needed exactly

Same as Xavier

Sounds like something workable, but I don't know how to actually do that. Would you have a link or anything that could help?

Thank you!!

Hi all,

I've been looking at collecting up a number of very small amounts of Bitcoin I have lying around in various wallets, and combining them into one wallet.

I'm a little worried about the transaction fees though....I don't understand well how they work, but transaction fee charts that I found show insane numbers ($28 average fee). This makes it impractical for me to transfer what would probably be considered dust.

In the longer term, I'd like to also know more about how transferring between exchanges and cashing out is impacted by this. (BitPanda -> exchange -> another exchange -> BitPanda -> out).

Am I missing a trick?

All advice appreciated.

Well, you did a great job of not answering the question there. And since I have been looking for the same answer, I'm going to call you out on that.

The OPs question was not about holding or anything like that, it was about an exchange. Yes yes, we all know we should HODL.

But for those of us who want to have a more active participation, we'd actually like to know the decent exchanges.

Putting the question back out there.

FYI: GDAX = Coinbase, as far as I know....

PnD with paid layers of losers ofc.

O sorryz0rz, you would have been user 6001 when I saw ur comment!!


eztia9999 - probably

First post on here, came to open this same discussion - thank you for a great thread

I'm still working out my own strategy, which will be around a couple of thousand staggered over the next few months, but I am thinking something like this:

$1000:
- $300 - ICOs - pick 2 for $150 each, and lock them away for a year.
- $500 - Buying newer low-value coins with interesting/useful tech or applications - monitor more frequently, and extract some of this capital while holding a majority (perhaps 30/70)
- $200 - More established / growing coins for shorter-term gains / trading - much more frequent activity, extract some FIAT, reinvest rest (30/70)

I may well lose the last $200 quite quickly - I am OK with this as a learning fee

While I want to be able to extract some money from the whole thing, I want to build a longer term portfolio too, hence the split.

No coins or tokens specified yet, as I'm in the early stages of research, and the learning curve is quite steep. Fun though!