The best way to acquire bitcoins is to buy them. None of the other suggestions you will see here can be better in terms of speed, effectiveness, and convenience.

You can't send ETH to a DOGE address if the address formats are incompatible. The cex.io people never actually sent your ETH. You should contact them.

If you believe that Bitcoin will be successful in the long term, then buying after the bubble is a great idea.

As you have shown, it doesn't change the amount of the tax or the potential return if you cash out in less than a year. But if you don't cash out for more than a year, it potentially changes the gain from long term to short term. That could increases the tax rate in your example from 0% to 25%.

It also increases the reporting burden. In one case you have to track and report 3 trades, and in the other you must report only 1 trade. If you do many crypto-to-crypto trades a day, you could end up having to track and report thousands of trades in a year. Furthermore, if you must pay a tax on every trade, then you must make (and report) additional trades in order to cash out enough to pay the taxes.

Last night I dumped a bunch of Bitcoin Gold and I definitely moved the price by more than 1%. However, it was only on that exchange and it was only temporary.

I learned two things:
1. Even after the price drops from dumping, it can go right back up.
2. Dumping definitely lowers the price for you, but not necessarily for anyone else.

Sorry, I don't how to help you further. If you have the correct backup, then I don't know why dumping the wallet doesn't show that address.


I searched in a block explorer for the portion of the address you revealed. Except for perhaps loss of privacy, there is no danger in providing the complete address. Private keys and seeds must be kept secret. The rest can be public.

150 s/b is a low fee these days. It is not surprising that it took so long to confirm.

My guess is that you mined a block that was orphaned. Orphaned blocks don't earn bitcoins.

The address LKWR4Ror9b... does have 7.409 LTC, so the question now is why do you believe that the address should be in that wallet? It is not, according to your tools.

On average, a block is added every 600 seconds. Each block can hold up to 1000000 bytes. That means that up to 1666.7 bytes can be added to the block chain each second, on average.

The typical transaction is 226 bytes, and 1666.7 bytes can hold 7.4 transactions. So, 7.4 transactions is the maximum number of typical transactions per second, on average.

The actual maximum is lower for reasons that I don't want to get into, and I'm ignoring segwit because it complicates things.

Keep in mind that this is the average. It can be higher and it can be lower. Actually, the number of transactions per block is now around 1800 transactions because of segwit.

Also, I believe you are looking at unconfirmed transactions per second, which are theoretically unlimited. 7.4 is the maximum per second that can be confirmed, on average.

The last two transactions are a double-spend. Blockchain.info hasn't gotten around to dropping the unconfirmed one for some reason.

FYI, the correct term is "address", not "account". An account is what you have at Coinbase, though some wallets also have a feature that allows you to separate the wallet into different "accounts".

Yes, the block reward is done by adding a special transaction called the coinbase transaction to the block. Your use of "fully-formed" seems to indicate that you still don't understand how it works.

Each miner gathers all the unconfirmed transactions that it knows about (the ones in its "mempool") and constructs a block. Then the miner repeatedly hashes the block's header with a different nonce each time until (A) it gets a hash whose value is less than the target, or (B) until it finds out that another miner has already added a block.

If (A), then the miner publishes the block and everyone appends the block to their copy of the chain and starts on the next block.
If (B), then the miner gives up, adds the new block to their chain, removes transactions in the block from the mempool, and starts on the next block.


The sole purpose of adjusting the difficulty is to maintain an average block interval of 10 minutes. It can be adjusted either up or down. If an attacker has 51% of the hash power, then they have 51% of the hash power regardless of the difficulty.

"Crash" is obviously an exaggeration. More CoinTelegraph click-bait.

Every 2016 blocks, the target value is changed based on how long it took to mine the last 2016 blocks. The desired time is 14 days. In order for a block to be added to the chain, all the transactions in the block must be valid and the hash for the block (got from hashing the block's header) must be less than the target value.


It might be possible to do, but keep in mind that Bitcoin's proof-of-work is already a way for miners to compete in a decentralized manner. There are other methods. For example, you could use proof-of-stake to limit the pool of miners that you use proof=of-work.

They are not.

Coins may frequently go up and down together, but that is only because people investing in different coins invest for the same reasons. There are plenty of times when coins move differently.

Take a look at this page: http://blog.mclain.ca/buy-and-hold-31-cryptocurrencies-for-365-days-week-16/

You are probably confusing "address" with "wallet". Using one address per transaction improves privacy and costs nothing. There are not may reasons to reuse addresses.


You need the seed to restore the wallet. It may be stored in the wallet data, but you should store it separately in case the computer is lost or damaged. You can also use the seed to move your bitcoins to a different wallet.


Yes by sharing the seed, but the information you enter about a transaction (such as what it is for or who it is from) is only stored on the computer that creates the transaction.


Storing it separately is safest. Storing a copy on the same computer is not helpful because if the computer is lost or damaged, you could lose both copies.

Keep in mind that if you cash out at very low amounts, the transaction fee could be very high when you spend your BTC.

Right now, the minimum fee to get into the next block is 490 s/b. An input is about 180 bytes, so each input will cost about 0.0009 BTC to send.

That means that if you set the threshold at less than 0.0009 BTC, you will not be able to send the money anywhere because the fee will be 0.0009 BTC (about $12) for each time you cashed out.

It's very sad that many people acquired small amounts just to get started and now they own worthless "dust". Dust is the amount that can't be sent because the fee is more than the amount. A few years ago, 0.00000546 BTC was considered dust, and it was worth a few hundredths of a penny. Now the dust amount is $12.

Who else knows the original wallet's seed or private keys?  It is certain that someone has them. They just watch the blockchain for any BTC going to that wallet or address and then send it to themselves. Did you just do BTG? What about BCH or any of the others? There are some fraudulent bitcoin fork wallets out there that will steal your coins.

You know Paul Vernon? Could you please ask him to return the money he stole from his users? Or at least tell us where he is so someone can bring him back in handcuffs.

Perhaps you have some evidence to share, or are you just some crazy tinfoil hat person?