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1  Bitcoin / Bitcoin Discussion / Re: Calculating Bitcoin per share of MSTR on: July 28, 2022, 01:55:15 PM
I am trying to establish a baseline of how much bitcoin you buy, by buying a share of MSTR.
I have an IRA and would like to know exactly how much btc per share I am buying by buying MSTR.

I'm opting for MSTR vs GBTC because I have a gut feeling MSTR will not sell their BTC any time soon. I am not going to dump my IRA.

129,699 is the amount of BTC they own as of their previous 8-k as of June 29th, 2022. That is approximately $3 billion in market value as of today 7/28/2022.

MSTRs market cap is 3 billion, there is no way they are entirely composed of BTC, meaning that 1 share price would equal the exact amount of btc. EX: today 7/28/2022 at this as per the Nasdaq the time is 09:53 am mstr is $259 =0.011189451673665475btc.

That can't be.

I am trying to establish a baseline of how much bitcoin you buy, by buying a share of MSTR.
I have an IRA and would like to know exactly how much btc per share I am buying by buying MSTR.

I'm opting for MSTR vs GBTC because I have a gut feeling MSTR will not sell their BTC any time soon. I am not going to dump my IRA.

129,699 is the amount of BTC they own as of their previous 8-k as of June 29th, 2022. That is approximately $3 billion in market value as of today 7/28/2022.

MSTRs market cap is 3 billion, there is no way they are entirely composed of BTC, meaning that 1 share price would equal the exact amount of btc. EX: today 7/28/2022 at this as per the Nasdaq the time is 09:53 am mstr is $259 =0.011189451673665475btc.

That can't be.

its approximately 98% bitcoin?
2  Bitcoin / Bitcoin Discussion / Calculating Bitcoin per share of MSTR on: July 28, 2022, 01:42:27 PM
I am trying to establish a baseline of how much bitcoin you buy, by buying a share of MSTR.
I have an IRA and would like to know exactly how much btc per share I am buying by buying MSTR.

I'm opting for MSTR vs GBTC because I have a gut feeling MSTR will not sell their BTC any time soon. I am not going to dump my IRA.
3  Bitcoin / Bitcoin Discussion / Re: MSTR and GBTC (Grayscale) Custody in Coinbase? on: July 26, 2022, 09:14:53 PM
If MicroStrategy and Grayscale use Coinbase as a custodian
Could you provide some evidence that proves they do?
Their most recent 10k?
4  Bitcoin / Bitcoin Discussion / MSTR and GBTC (Grayscale) Custody in Coinbase? on: July 26, 2022, 09:12:45 PM
If MicroStrategy and Grayscale use Coinbase as a custodian, and Coinbase's policy and agreement with their users is if they are 'bankrupt' client's funds/ assets become Coinbase's in order to pay off debts wouldn't that mean 2 of the biggest publicly traded companies are reliant on Coinbase's ability to not screw up?

But what is so hard about purchasing a ledger/ trezor and just adding a passphrase and custodian your own coins off exchanges?

I ask because I have a Roth IRA and would like the exposure to bitcoin there as well as in my private wallets. For all the NYKNYC people, I'm not closing my Roth Ira to buy bitcoin, and also pay taxes and fees.
5  Bitcoin / Bitcoin Discussion / is it possible to just copy and paste the bitcoin code? on: October 07, 2021, 06:05:54 PM
Is it possible to just copy and paste the bitcoin code and run it as your own bitcoin/ crypto without it updating/ syncing to the current blockchain.

If this is possible would this produce the key to the genesis block? I am very curious why you'd see bitcoin spinoffs like BCH have different wallet formats than bitcoin. 
6  Economy / Service Announcements / Re: Bitcoin Dust Address Made Simple on: September 13, 2021, 02:13:41 PM
reported
Unsure why?
 I though education here was able to create this gem

1B1tco1nDustAddressDotComxxxntn2T

and the redirect takes people to that address on blockchain to send their unwanted dust.
7  Economy / Service Announcements / Re: Bitcoin Dust Address Made Simple on: September 13, 2021, 02:12:09 PM
I know that there are available scripts to create proper burn address
I used ProofOfBurn, it works from the site.

Quote
And again, your choice of starting string is impressive  Smiley
The last "burp" instead of "burn" was totally a coincidence Cheesy

Thank You for posting that link, I ended up using it to create the redirect to 1B1tco1nDustAddressDotComxxxntn2T in order to sooth people from thinking I was begging.
8  Economy / Service Announcements / Re: Bitcoin Dust Address Made Simple on: September 13, 2021, 02:07:09 PM
I had some dust in my wallet 4 years ago, today its worth 6000$.

This is interesting because it gives one to think that as the price goes up, what is dust today may be a respectable amount tomorrow, and therefore if one waits instead of trying to solve the dust problem today, one may find that the problem has solved itself.

It's also greatly incorrect, as @pooya87 also wrote. This was - by far - not dust, neither counted in Bitcoin, neither counted 4 years ago in US Dollars.


Hopefully this will pick up traction and will become THE universal bitcoin dust address.

Are you aware that begging is not allowed in this forum?
And if it's not begging, then please tell us how would help me to send you, on my expense, bitcoin dust...

Seeing that people took the vanity address as begging, and that wasn't my motivation. I used 1BURNbitcoinBURNbitcoinBURP3vqZJo as the dust address, which for sure doesn't have a private key. The purpose was to have a place to dispose of bitcoin dust, and to have it easily searched in the search bar.
9  Economy / Service Announcements / Re: Bitcoin Dust Address Made Simple on: September 13, 2021, 02:04:01 PM
I even decided to make the investment of buying the domain name
That's disappointing to say the least. It's not even a website, only a domain forwarder.

What you could (and should) have done, is create your own website that presents the viewer with 3 addresses (1.., 3.. and bc1q..), each generated on the fly and shown only once. That would give each user a unique address to "dispose" of dust, instead of making it very obvious they're using a certain address.
If you'd then add the promise to wait anywhere between 1 and 5 years before moving any of the dust inputs, and promise to only use a random selection of inputs each time, you could actually provide a useful service for getting rid of unwanted dust.
I've thought about creating such a service myself, but decided it's not worth it as barely anyone would use it.

For privacy, it's better to avoid dust. Or burn it. Or add it to an existing transaction from the same address when fees are low. Or freeze the input in your wallet so you never move it.

So basically you are asking people for donations!
That's another reason one shouldn't offer such a service.

what is exactly the problem in having low ammounts of coin in a wallet adress?
The problem is that if you want to spend those low amounts you are going to pay a lot of money in fees.
When fees were high, I've seen many transactions with inputs that weren't even worth the fee it costs to add them. As long as the Max button in for instance Electrum maximizes the input instead of the output, people keep wasting money on fees to move dust.

It is a dust address, not a burn address. I think that you've made a confusion.
Here you go Cheesy
1BURNbitcoinBURNbitcoinBURP3vqZJo

I really like your idea about creating an actual website for this and Id be happy to have the domain I've bought for the next 10 years to be the website address. PM me and we can work it out, I'm not looking for money or donations. I'm going to use your 1BURNbitcoinBURNbitcoinBURP3vqZJo as the burn address since its one of those addresses without a private key for sure. I think it being a vanity address caused people to feel worrisome that I'd end up spending the bitcoins. 
10  Economy / Service Announcements / Re: Bitcoin Dust Address Made Simple on: September 13, 2021, 01:49:11 PM
I don't see anything special here! You just created a vanity address starting with the word "dust" and a website that redirects to blockchain.com explorer. This does not solve anything at all, let alone dust issue that any user may have.

So basically you are asking people for donations!

I have done away with the private key, I suppose I could make one of those addresses that are 1xxxxxxxxxxxxxxxxxxxxxx if you know what I mean. Which makes me wonder is there a private key to those addresses? could someone get lucky and unlock those bitcoins?
11  Bitcoin / Bitcoin Discussion / Is this a safe Vanity address generator? on: September 13, 2021, 01:26:36 PM
It appears I downloaded it from https://99bitcoins.com/how-to-get-a-custom-bitcoin-address/

vanitygen-0.22-win is the folder name after download.

I've only used it offline and have never had any btc stolen from it but I am genuinely curious if this is a trust vanity address generator.

I saw conflicting things online.
12  Bitcoin / Bitcoin Discussion / Re: How to time-lock your coins with the new Schedule an email (gmail) to send later on: September 13, 2021, 01:21:50 PM
It's a good idea, yet, it's risky. You could lose your gmail account.
There are many things that can happen and you'll never get that email.
So, I'd suggest that people try this with a small amount of money, so it doesn't end in sorrow.
There should be more efficient ways to execute this idea.

Why not send it to multiple email addresses you own?

Set a notification on your phone or computer, send it 6 months to 1 year out to keep your self in the loop and constantly repeat the process?
13  Bitcoin / Bitcoin Discussion / Re: How to time-lock your coins with the new Schedule an email (gmail) to send later on: September 13, 2021, 01:33:02 AM
Here is a simple way to time-lock your coins so that you can only spend them at a future date:

1) Create a new gmail account.
2) Create a paper wallet and load it with the coins that you want to time-lock. Use BIP38 and make sure you will be able to remember the password later,
at the future date.
3) Change the gmail account password to a random password. Don't write down that random password anywhere except in the following step, 4).
4) Schedule an email to be sent a future date (it's a new gmail feature to be able to schedule emails to be sent at a future date). In that email attach the BIB38 paper wallet for which you know the password and the gmail account random password, that you will not keep or write down except in this specific place.

You will receive in the future date the paper wallet with BIP38 for which you know the password and also the password for the email account that you created for this so that you can use it again. Since you don't write down the gmail password: you will need to receive the scheduled email to be able to know the gmail password again of the gmail account you created for this time-locking.

What do you think? Any questions?

- remotemass

i just did this with a vanity address i created, i am regifting my self bitcoin on a special date a few years out
14  Local / 日本語 (Japanese) / ビットコインダストアドレスをシンプルに on: September 12, 2021, 09:19:14 PM
bitcoindustaddress.com

だから私は最近、誰でも簡単にアクセスできるほこりアドレスを作ることにしました。私は、ビットコインのほこりアドレスに到達し、受け取った可能性のあるほこりを減らすために簡単な検索にするために、bitcoindustaddress.com のドメイン名を購入する投資をすることにしました。

うまくいけば、これは牽引力を拾い上げ、普遍的なビットコインダストアドレスになります。私は笑いにもかかわらず私の疑問を持っています.
15  Economy / Service Announcements / Bitcoin Dust Address Made Simple on: September 12, 2021, 08:59:58 PM
bitcoindustaddress.com

So I recently decided to make a dust address that would be easily accessible to anyone. I even decided to make the investment of buying the domain name of bitcoindustaddress.com to make it a simple search to get to a bitcoin dust address and diminish of the dust that one may have received.

Hopefully this will pick up traction and will become THE universal bitcoin dust address. I have my doubts though lol.
16  Bitcoin / Bitcoin Discussion / Re: Passphrase wallet on: September 12, 2021, 06:41:39 PM
How come the fees for legacy addresses are so much high then addresses that start with a 3?
17  Bitcoin / Bitcoin Discussion / Re: Passphrase wallet on: September 12, 2021, 06:11:24 PM
So far every 12 words I've chosen have not opened a wallet
18  Bitcoin / Bitcoin Discussion / Re: Passphrase wallet on: September 12, 2021, 05:30:10 PM
So I can randomly select 12 words from the 2048 and generate a bitcoin wallet? Thats pretty neat
19  Bitcoin / Bitcoin Discussion / Passphrase wallet on: September 12, 2021, 04:56:49 PM
Simple question:

If I get my 12 word phrase, what are the odds someone else gets it too? Is it easier to add a pass phrase?

The pass phrase will just make it that much harder to unlock the bitcoin right?
20  Bitcoin / Bitcoin Discussion / GBTC/ other ways of bitcoin exposure for IRA accounts on: September 07, 2021, 07:19:00 PM
So today I bought 1190 shares of GBTC in my Roth IRA. I also own bitcoin but figured since I like BTC so much id increase exposure via my IRA. About 10 minutes later the flash crash of CSW's fart comes and blows down the price. NBD, I've been in bitcoin long enough to expect such blows.

My question is: How many of you use your (traditional/ roth) retirement accounts for increased Bitcoin exposure?

I grasp NYKNYC, no need to go there...again I own BTC out right as well.
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