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December 09, 2021, 01:50:37 PM *
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81  Economy / Exchanges / How come some KYC exchanges ask for more info than others? on: April 12, 2021, 09:42:26 PM
Why do some go above and beyond what is even actually required?

Also, which ones ask for the least amount of KYC?
82  Bitcoin / Bitcoin Discussion / Re: I went big into Bitcoin and Ethereum... on: April 06, 2021, 04:07:08 PM
Get it off the exchange and anonymize it ASAP
83  Economy / Speculation / Re: How low could the next bear market move bitcoin? on: April 06, 2021, 03:55:40 PM
And to everyone talking about the institutional money is in, so this time its different. Seems like that last part sounds familiar.

I do think there is a good chance bitcoin follows something totally wildly different this time. This time not only are there institutions, but more widespread knowledge among retail folk. AND mass money printing on top of world wide adoption of it. I hear people in India and China are getting into bitcoin which isn't something I was aware much of last time. Maybe they were there too but it seems like there is more interest from asia than last time.


84  Economy / Speculation / Re: How low could the next bear market move bitcoin? on: April 06, 2021, 03:51:50 PM
I'm really hoping the market doesn't rally at the top right now, I really really want this to be slower and reach the top in earliest 5 or 6 months. I am kind of enjoying this as I didn't really enjoy 2017 and would just want a few more months of this. Right guys? October is the earliest I'd want the top to come. But I hope 2022 is when it happens. Too hopeful?

I'd love for this to be the case as well, I'm still trying to accumulate more bitcoin. But lots of charts and graphs are saying we're near, if not already mid way through the top this time. But I pray you're correct. I'd actually love it to be a gradual ride up and maybe sit there without too much downside but..... I think that's just hopium.
85  Economy / Speculation / How low could the next bear market move bitcoin? on: April 05, 2021, 11:05:52 PM
I think we're reaching the peak soon. So I was wondering, how much do you think we could get down to?

Any chance of bitcoin going below 10,000 USD? I really doubt it. I'm thinking maybe it might go below 20k but that's a maybe and only if bitcoin only goes up to maybe 80 at the peak of this bull market here soon. I know a lot of people think bitcoin will go to 300,000 or even a million but I really doubt that. I can see 80,000 and 100k for maybe a week or so but hopefully I'm wrong. I'm gonna buy more bitcoin here soon and grit my teeth if we start going down sooner than later. I'm saving a bit of cash, only half of what I'd normally spend, to buy during the bear market when it's doom and gloom and people thinking bitcoin is over or "when it comes out... ZERO" Idk if anyone gets that reference lol but yeah.


What do you guys think?
86  Other / Beginners & Help / Re: What is the absolute lowest fee per byte you can send on: April 04, 2021, 08:44:46 PM
Before it gets stuck in limbo indefinitely?

Can I just set it at 10 Sat/B and still have a payment go through? Even if it takes days or so?

Is there a sat/B fee per byte calculator where I can put in numbers and check? I know it varies by day as well.

I made a calculator myself, you can check it out here:
https://bitcoindata.science/plot-your-transaction-in-mempool.html

You need to know how many inputs/outputs you have, and what is the format of your addresses.
After adding all details you can choose a fee per byte (fee rate) and you will see how much you will spend in a transaction.


Quote
I want to go as low as possible but I hear if you go too low, it gets stuck in limbo for all eternity. Or something like that.

The lowest fee per byte you can use is 1 sat/byte, but it will take long to get confirmed.
You might need to broadcast it again if mempool gets full. It is easy to do it, we can help you here if you need.

If you are not in a hurry (like sending to another wallet you have), you can use 1 sat/byte



Thanks! I can set it that low? Thanks, dang I should have done that lol.

Also what is the input vs output thing on there? Sorry noobness here.
87  Other / Beginners & Help / Re: What is the absolute lowest fee per byte you can send on: April 04, 2021, 08:42:18 PM
^ Wow. How long did it take for that to go through?
88  Other / Beginners & Help / What is the absolute lowest fee per byte you can send on: April 04, 2021, 06:10:47 PM
Before it gets stuck in limbo indefinitely?

Can I just set it at 10 Sat/B and still have a payment go through? Even if it takes days or so?

Is there a sat/B fee per byte calculator where I can put in numbers and check? I know it varies by day as well.

I know of this one but Idk what Im looking at or how it works. https://www.buybitcoinworldwide.com/fee-calculator/
I just need a calculator where I can put in how many sat/B for the fee to the amount I'm sending.

So like a payment of 20 dollars worth of bitcoin, then 100 dollars worth of bitcoin.

I want to go as low as possible but I hear if you go too low, it gets stuck in limbo for all eternity. Or something like that.

89  Other / Beginners & Help / Re: Safe Seed? What is the cheapest fire resistant seed phrase material to write on? on: April 02, 2021, 11:01:02 PM
Thank you everyone for your answers.

Is stainless that much better than copper?

How about brass?

I guess I really ought to get a hammer chisel set.
90  Other / Beginners & Help / Safe Seed? What is the cheapest fire resistant seed phrase material to write on? on: April 01, 2021, 05:30:57 PM
I'm thinking of stenciling aluminum? Maybe getting a soda can, cutting a square out. stenciling the phrase on that. So it's waterproof and fireproof.

Any other ideas? Like. I know they sell stainless steel ones with fancy letters you can just put in order for stuff but they're pretty pricey. Me being poor living in my moms basement would like the cheapest, but also most effective thing possible.

Especially considering I have like .... 3 wallets, and will be adding some more later on.


To me my idea sounds like a sound plan. But... anyone have any concerns?

I like the can idea because it's cheap... And... I... think??? it would survive a fire??? ((anyone have any info on this?)) but it's certainly waterproof and better than just paper. If aluminum would melt at average house fire temps, which soft cheap metal wouldn't? Copper or brass?

It's cheap enough to make at least two to keep per wallet and store in the different location idea. which so far will just be in a safe in our house, and the other in the lock box at my families storage facility? Idk about that one tho. I feel vulnerable if the key is away somewhere even if in a locked garage in a lock box. So maybe not. I'll just put it in two different places here. So maybe one in the attic, the other in the safe? Idk. I dont think most burglars would look through books in an attack would they? I know the safe would be a target, if they pried it off the floor, and cracked into it. my only hope would be they wouldn't know what it is and just ignore it. Idk how smart criminals are getting. Thinking of maybe trying to make a poem out of it. So they wont really know what it is but I would. Idk...


Anyone have any ideas on safe storage of the recovery seed?

91  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: DEX vs CEX on: April 01, 2021, 01:21:24 PM
Thanks. I'm still pretty noobish to all this.

Any idea which DEX offers trades for XMR?

I realize XMR is what bitcoin was supposed to be, or intended to be.
92  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: What is a good website that is like bitforex but lets you trade market orders? on: April 01, 2021, 12:44:54 PM
Thanks. You know which one swaps for monero/XMR?
93  Alternate cryptocurrencies / Service Discussion (Altcoins) / What is a good website that is like bitforex but lets you trade market orders? on: April 01, 2021, 02:11:49 AM
With lots of coins and is cheap transaction. DEX no KYC BS to deposit or withdraw.
94  Alternate cryptocurrencies / Altcoin Discussion / Re: Anyone have any thoughts on Raven Protocol? on: March 25, 2021, 03:35:00 PM
I guess it's probably a bogus coin.
95  Alternate cryptocurrencies / Altcoin Discussion / Re: How long till we start seeing alt coins take the place of traditional stocks? on: March 24, 2021, 08:59:51 PM

Crypto currencies are not created to work like companies, they just here to be not under control of anyone but if you are going to invest on a centralized project then you are risking and stop comparing cryptos with stocks anymore.

You can assume the growth of a company then can start buying the shares and also you will get dividends but in cryptos everything is unpredictable.

Individual start up stocks can be incredibly volitle, unpredictable and thus risky. My idea is like create a crypto currency for some upcoming program or thing you want to do. People buying the tokens helps fund your idea. If your idea is succesful then everyone who invested in your idea walks away with profits. If not, just like a failing stock, people lose.
96  Alternate cryptocurrencies / Altcoin Discussion / Re: How long till we start seeing alt coins take the place of traditional stocks? on: March 24, 2021, 08:57:45 PM
Cryptocoins can't replace stocks. Just because they are both investments, doesn't mean that one should replace the other. It's like asking when will planes replace trains.

Maybe some day companies will release their stock on decentralized blockchain platforms like Ethereum, though this has been theorized for years and still never happened. Traditional system of managing stocks is good enough for most investors, why change it?

Good anology and point.

Maybe a better question to ask would be when will crypto rival stocks?

97  Alternate cryptocurrencies / Altcoin Discussion / Anyone have any thoughts on Raven Protocol? on: March 24, 2021, 05:46:46 PM
It sounds interesting. But Idk if it's ever going to take off?
98  Alternate cryptocurrencies / Altcoin Discussion / How long till we start seeing alt coins take the place of traditional stocks? on: March 24, 2021, 03:25:19 PM
I'm still new ish but I see stuff like VeChain as like a stock that pays dividends. It's something that is going to be useful for the real world. It's like a tech stock.

Maybe some others. Cardano, Atom, they offer dividends but not really sure what they do in the real world. VeChain seems like it's an actual company.

Maybe one could start up a company. Make a crypto currency and get it listed and people buying it would be a way of investing in the company. Anyone think that might be the future as the crypto space grows? I like that idea, anyone can get into it. You dont need to open a brokerage account. In a way, you're skipping a middle man.
99  Alternate cryptocurrencies / Altcoin Discussion / Are there other alt coins like USDT/C that track prices of real world assets? on: March 23, 2021, 06:23:37 PM
So a coin with a good reputation, that tracks things like gold, silver, or other comodities?

Maybe even uranium?


I'd love if they just started making crypto stocks or something lol.
100  Bitcoin / Bitcoin Discussion / Re: What's the most anonymous way to own bitcoin? on: March 21, 2021, 09:11:34 PM
Is this the most anonymous way? Buy bitcoin from any exchange. Convert it to monero, send monero to a wallet, and from the wallet swap or exchange it for bitcoin?

Is that basically a way to anonimize your bitcoin? If you buy from most exchanges, they have your info. But once it goes through monero, no one can see anything about where it goes. So when it's traded for bitcoin on your wallet, that could have came from anywhere. There isn't really a way to say where those funds came from right?
Well, using an exchanger will give some hint who you are as they are asking some basic information about you. though it won't directly be pointing you out that you are holding Bitcoin since you are converting it to Monero or any altcoins. However, this never gives you the fullest anonymity. The best thing we do to keep anonymous is to use mixer services, they never ask anything from you and they don't bother to dig who you are.


Thanks for the reccomendation on the mixer service. I'll def look into that.

I'm still slightly confused on converting from bitcoin to monero, and sending monero to an address, if you convert with the wallet, like safepal has an exchange thing on there. No need to give any sort of info about yourself. you receive monero, then convert to bitcoin that has a new address. you guys are saying the original exchange where you bought bitcoin and converted to monero, can see where you sent the monero? I thought anything past the receiving address of monero can't be seen? Not sure.

I'll check the mixer, maybe it will be cheaper than all the sending and converting transaction fees.
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