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1  Bitcoin / Bitcoin Discussion / Re: Wallet suggestions? on: February 29, 2024, 06:12:59 AM
Hello friends!

I have been keeping my cryptocurrencies (I still don't have many, unfortunately) on the Binance exchange.

What type of virtual wallet do you use? And what are the best ways for me to keep my cryptocurrencies safe?

Sorry if it seems like a stupid question, but even though I reasonably understand crypto, I'm still taking my first steps with bitcoin.

Try first a big fat Chinese JINBAOLAI pig skin wallet with some notes and some coins and some debit cards. Prepaid.

Then Bitcoin becomes obsolete. In the moment.

Why pigskin you might ask. To which I reply. Don't worry. We use the whole animal.

The cards is for later use. Pay day is up! Cheers. (I get a passport and travel the world. Many regrets to to change)

Music:



0:02 / 6:36


Squarepusher - Wendorlan / Slamstep Remix (Scope Stills)

(Steep learning curve)
2  Bitcoin / Bitcoin Discussion / Re: Wallet suggestions? on: February 29, 2024, 06:01:26 AM
Hello friends!

I have been keeping my cryptocurrencies (I still don't have many, unfortunately) on the Binance exchange.

What type of virtual wallet do you use? And what are the best ways for me to keep my cryptocurrencies safe?

Sorry if it seems like a stupid question, but even though I reasonably understand crypto, I'm still taking my first steps with bitcoin.

Try first a big fat Chinese JINBAOLAI pig skin wallet with some notes and some coins and some debit cards. Prepaid.

Then Bitcoin becomes obsolete. In the moment.

Why pigskin you might ask. To which I reply. Don't worry. We use the whole animal.

The cards is for later use. Pay day is up! Cheers. (I get a passport and travel the world. Many regrets to to change)
3  Bitcoin / Bitcoin Discussion / Re: Wallet suggestions? on: February 29, 2024, 05:56:01 AM
Exodus. Beginners wallet. The look alone restores the faith in crypto.
4  Bitcoin / Hardware / Re: Hacking BFL Monarchs and servicing them while times are weird. on: February 29, 2024, 05:51:18 AM
X gets repressive as you steps up.
5  Bitcoin / Bitcoin Discussion / Re: BTC profit taking strategies? on: February 29, 2024, 05:21:00 AM
We currently have around 1.5 BTC

Anyways, the strategy I'm considering is something like, when BTC crosses $100K CAD, (it's currently at $83K CAD) I plan on selling 0.01 BTC per week. Kind of like DCA but in reverse. Then possibly increasing that amount alongside BTC value, so if it crosses $125K, sell 0.0125 BTC per week, 0.015 per week at $150K, etc.
From $83k CAD to $100k CAD, it is about 20% more increase. It looks good to take profit but I believe it is too soon because we are still 2 months until April halving. Bitcoin can make its all time high that is higher than 2021 all time high and I believe it won't stop 20% from today price.

You have 1.5 BTC and want to DCA take profit with 0.1 BTC each time. Do you think it is too small part of your portfolio to take profit, even DCA.

I would like to do DCA take profit with 0.1 BTC but my start price will be like 40% from today price, not only 20%. I will take profit with DCA like 0.1 - 0.1 - 0.1 - 0.2 - 0.3 - 0.3 - 0.3 and 0.4 BTC. Because when Bitcoin moves nearer to its new all time high, I will increase the amount for taking profit.

Being self-less will make you rich faster.

Did I just put that mans word in the database for the second time? Know things!

Dude you need screenshot of everything for regulatory. Prints. Whatever. And do me a favor. Don't vote against a sitting President.
6  Bitcoin / Bitcoin Discussion / Re: BTC profit taking strategies? on: February 29, 2024, 05:11:09 AM
Put the BTC to rest. Besides the inscriptions. I think about setting a CMS up on my own site. Content management system. Cheers! "I am so 2000 and 8 and your so 2000 and late!".

The profit taking is lined up like dominoes.

Is there anything else I need to consider?

You save money when you don't spend it on BTC. One-liner.

Soon 7 an I can put on a song. Neighbors.
7  Bitcoin / Bitcoin Discussion / Re: Are you ready for the Bitcoin bull market? What's your plan? Some ideas for you on: February 29, 2024, 04:08:01 AM
I be in it touching least possible. Grids set.

"One day I will send a Mister Killmeister out there with nothing but a wrench".
8  Local / Skandinavisk / Re: Överföring till bank on: February 29, 2024, 03:56:05 AM
Hur gör ni när vi vill överföra från en kryptobörs till era lokala bankkonton i Sverige?

Min bank satte sig på tvären direkt när de förstod att jag frågade om att föra över pengar som kommer från kryptovalutor.

Är det någon som har uppdaterad information om en bank som fungerar i dag? Den information jag hittar online skiljer sig från vad andra säger, eller så är det gammal info.

Sedan undrar jag om någon vet hur man gör detta från Coinbase? Behöver man först göra en SEPA-överföring till Coinbase, för att sedan kunna föra över tillbaka till banken?

Tack!

Coinbase. Du overfører et lille beløb først. Check swissmoney com. Google. Saxo & Firi. Nordnet. Coinify.

Køb din krypto som etn/etf. For bedre bank forståelse..

Edit: Skål!
9  Bitcoin / Bitcoin Discussion / Re: Bitcoin Vs Monero - Privacy as the world becomes more dystopian on: February 29, 2024, 03:42:59 AM
I sold my Dash when Monero got delisted. Just saying. Monero was delisted after I sold that first.

Cheers. I get my beer and then a shower. At a loss. Unreported. Notch notch.
10  Bitcoin / Bitcoin Discussion / Re: Bitcoin was created to reform money and provide financial freedom on: February 29, 2024, 03:31:41 AM
The option is certainly there for people to use Bitcoin in the correct manner if they wish to.  They'll be the rare fortunate ones to gain the privacy and security benefits.  I'll always advocate for taking this approach.  But I think the number of people actually doing it will remain relatively small.  Even if it is safer and more beneficial.
One problem.  Due to every body else happily abiding to Know Your Customer and all other sorts of policies and regulations, us who choose to benefit from Privacy and Security are starting to suffer.  The option to use Bitcoin as it was meant to be used is still there.  But this option is slowly becoming not an option any more if only few of us can spend and receive without giving up personally identifiable information.

That is if you also want a piece of the kings crown on top of the bitcoins. As Fiat.

Tell me. Who pays the roads? What have the Romans ever done for us?
11  Bitcoin / Bitcoin Discussion / Re: How safe is it letting the bank know that you are a BTC Investor? on: February 24, 2024, 10:43:03 PM
The bank has to make sure it does not gets involved in money laundry. You have to provide proof or stay out of suspicion.

I go on tg and tell them I be legit next year.
12  Economy / Gambling / Re: Casinos not asking for KYC to register and play, but do require it to withdraw on: February 24, 2024, 10:28:21 PM
Most casinos that I have played on, don't ask for KYC at the point of registration and even though they are KYC compliant, they still do not take it as a priority to demand for that all the time unless on special cases.
But if a casino suddenly wakes up overnight and asks for KYC only when a player makes a withdrawal attempt,  it will become a targeted attack and if care is not taken, the gambler may not be able to make any withdrawal even if he gets all the necessary KYC material and submitted them.
When things are tried to be done in a casino, we know very well that KYC has to be done, acutely all casinos have to comply with those things, there is no way that things can be backed up with KYC, any casino They ask for the KYC, now when the casinos try to do everything possible to avoid having ugly and bad times, it is better to do the KYC before making a deposit, because when the deposit is made the casino can have the luxury of not approve the KYC quickly, but if they do it before the deposit they are forced to approve it quickly, but it is preferable that the casinos that we choose are the most reliable.

The things that we see is that when the minimum withdrawal is met everyone wants to withdraw their funds, it is the most common thing, and the most unpleasant thing is that we are going to withdraw and that cannot be done because they have to approve the KYC, that to me It takes away my desire, and I don't even go back to that casino, so to avoid this, it is better to comply with the KYC first.


"Hit and run dice". Glad I am out of that now.

Edit. Betfury. I left the LP on. V3. 1%. I am lighting joints on a toaster here.
13  Bitcoin / Bitcoin Discussion / Re: How safe is it letting the bank know that you are a BTC Investor? on: February 24, 2024, 10:06:44 PM

Finally, I told the the official that I am a BTC investor and it was written down behind the bank form I filled for mtge upgrade request. After on, my conscience wasn't at rest because I was wondering i have attracted the bank from monitoring my banks transactions.

Question please: was the official question on me necessary? And was it wrong of me letting her know that I am a BTC investor? My conscience just keep saying "Hello man, you fucked up talking about BTC out there".

No I don't think it's wrong to let your bank know that you trade with bitcoins. In my country it's pretty normal to fill out questionnaires about your knowledge and experience in the financial sector. For the bank bitcoins is just another asset class like stocks, options, futures. For example, without any prior knowledge I wouldn't be able to trade any options. First I would need to request to remove limitations on my accounts. So, telling the bank about my past trading is going to make life more easy for me. Also, when receiving or sending money to crypto exchanges it can help that your bank knows about your trades. The bank is a service provider for you and not a stranger. I wouldn't worry about negative consequences here. Bitcoin trading became very popular in the last few years, you won't be the only client that trades bitcoins.


If you trade it as etf the bank can find the info themselves. The regulatory part will even out over time. Meaning they will have to provide some kind of service. Advanced reporting or something.

BTW. The Gucci is for people who spend their crypto as opposed to selling it.
14  Economy / Speculation / Re: Will BTC hit 1M ? on: February 24, 2024, 10:01:31 PM
Well, I believe that there is a possibility of reaching $100k someday but hitting $1M in the future is quite impossible. Even people are using the DCA strategy but it is too expensive and poor people can't afford it anymore. And even if the demand reaches too high, I couldn't still imagine it, maybe $200k is fair enough. If ever it happens, I don't see any reason that urge people to invest and hold for this won't just it concerning about the price but the hacking incident may give doubts to people.

But anyway, I don't think this is the right board for this topic. I believe this should be on the speculation board Wink. edit

It's up +105882790.15%. From all time low.
15  Bitcoin / Legal / Re: Frankfurt chosen as headquarters for new EU anti-money laundering authority over on: February 24, 2024, 09:54:50 PM
Quote
"At the same time, we're addressing risks posed by crypto and the anonymity it enables."
Wherever their headquarters is located doesn't matter, but what is worrying for bitcoiners is how institutions like this attack BTC privacy solutions, as you can see from this snippet above. BTC is just a tool, surely Satoshi never created it to be used for illicit tx's, but any tool in the world can be used both for good and bad. However, i don't think there is a 'threatening' number of people using BTC for money laundering, it has a public and transparent blockchain and is not anonymous, but they still attack BTC like it is the most suitable tool for money launderers.
Indeed, it does not matter where their headquarters are located. The important thing is that they agreed to form the new European authority for anti-money laundering and countering terrorist financing, and this is what is important in the news, not the location of the headquarters.

But on the other hand, as @zasad mentioned, choosing the headquarters in Germany indicates their seriousness because Germany is an influential member of the European Union and has great economic and political importance.

Also, after its formation, European Authority will have the right to intervene in all countries of the European Union regarding Bitcoin and cryptocurrencies, even those countries where there are lenient laws regarding Bitcoin and cryptocurrencies.

Second round on a successful trade would be money laundering if the gains from first round was not reported.
16  Bitcoin / Legal / Re: Frankfurt chosen as headquarters for new EU anti-money laundering authority over on: February 24, 2024, 09:46:35 PM
After all these years of trading. They can backtrack and bust me for anything now.

That giant HEX sell of that was not reported for example.

PS. I get my beer and make some noise.
17  Bitcoin / Bitcoin Discussion / Re: Please stop blaming "the government" for lack of Bitcoin mass payment adoption on: February 24, 2024, 09:38:07 PM
So I agree with you that btc simpley is not a great way to send money/wealth.

It is  a very good way to get money out of a bad country or a country that becomes bad.

So if you are middle class you should have some in case you need to leave your country.

It is a great deal to own Bitcoin if you need to flee the country.

I don't get it. Thinking.. You don't get money just of the country just for leaving.
18  Bitcoin / Bitcoin Discussion / Re: No essence in convincing anyone into Bitcoin ind. nor the Bitcointalk platform on: February 20, 2024, 11:08:28 PM
Most people is in this shit to get rich. See the paradise of heavens paid out in cold fiat.

I go talk to Judas Priest on youtube. I bet they got a new album coming out soon.
19  Bitcoin / Bitcoin Discussion / Re: Is it too advanced to get into Bitcoin now? on: February 20, 2024, 10:58:35 PM
If you're looking to invest for gains rather than ideology, I would suggest exploring newer projects with more growth potential.
Investing in a new project can greatly increase your chance of profiting from cryptocurrency but it can also put the investor at risk because there are lot of risks involved with new projects because of no reliability. Bitcoin has more reliability and reputation for newbie investors to invest in. Imagine a new investor following this your advice and choosing to invest in other cryptocurrency other than Bitcoin particularly let's say a new project that is claimed to have great potential and then they lose all their money to a scam. They will be very bitter. Within this period where we expect bitcoins to set a new all-time high, there will be many scam coin projects that will be started to attract new investors who want to make profit, be very watchful and wise.

Biggest risk is if you playing the gains on and you don't report then it make a mess of your next deal. Fresh start. Keep the change.

Financial advisor online. It's not a protected title in my country. "Offshore".
20  Economy / Services / Re: Looking for a coder on: February 20, 2024, 10:54:23 PM
How about you wait for the execution layer to suit your needs?
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