alt_bear

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Dec 9, 2016
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Recent posts
  • Option #3: - Spend approx. 50k on BTC now (which will buy you approx. 1.7 BTC according to the current price) - Use the rest of the money for DCA or buy in batches when the price is good Using this strategy, you should…

  • I totally agree with OP. It's great to see how Bitcoin mining can make a positive impact on the standard of living in African communities. It's true that some African nations may not have all the ideal conditions for…

  • Look, going off historical trends seems nice and all, but let's be real - the past doesn't always predict the future, you know? I mean you've got inflation, geopolitical chaos, and whatever Trump's doing this week. When…

  • First, Bitcoin Core itself is a full node wallet software, not a mining program. Second, if you're struggling with the concept of a daemon, trying to set up a solo mining might be a bigger challenge than you think.…

  • Peter Schiff was flat out wrong about Bitcoin many times. I mean, the guy was just so dang confident bitcoin price would crash, but we all know what happened instead. Looking back now, his tweet seems hilarious. Though…

  • Electrum wallet has had this feature built-in since version 2.0, released in 2015 if I'm not mistaken, so the method existed at least five years before your message. And if you carefully read the Electrum 2.0 release…

  • While I agree with the mentioned mistakes that often contribute to trader failures, but I think overconfidence is a big one too that not everyone talks about. What happens is you have some wins early on and suddenly you…

  • I'm not an expert in Canadian tax laws, however, based on my brief online research (referencing the guide in my previous post), it appears they treat cryptocurrencies very similarly to, for example, the EU. In your…

  • No, there is no tax to buy or hold cryptocurrencies in Canada. However, if you decide to sell your cryptocurrency holdings, a tax basis may arise. source:…

  • It is what it is with Bitcoin - still unpredictable as always. There are no sure bets in this game. So don't go trusting random people making promises and price predictions. Do your own research.

  • I don't think so. General discussion about Bitcoin mixers will still be allowed if I'm not mistaken. However, we are not allowed to promote them or shill any particular service.

  • Well, his economic policies remain to be seen, as he is still just a president-elect who has yet to take office. Regarding his campaign promises, I doubt he got elected just because of votes from "wealthy" - it was…

  • From your experience? And how many days have you been a trader if I may ask? Sure, you might hit those numbers on some days, or get lucky for a short period. But that's not consistent, reliable profitability. In the…

  • Yes, nc50lc explained one way to do it, but there is actually a simpler way that the OP can use to disable the "change addresses" feature in Electrum. He probably couldn't find this option due to changes in the GUI of…

  • You are not being "forced" to use a new change address for every transaction. You can disable this feature in the Electrum transaction settings. In this case, any change not sent to the recipient's address will be…

  • When I see my portfolio tanking, sure, it makes my stomach drop. But this isn't the first time, and it won't be the last. Swapping everything over to tether and trying to time the market is a risky move. You never know…

  • You don't? But if you are a DCA investor with a large number of UTXOs, how do you plan to consolidate all those small inputs? High transaction fees will hit you really hard. Great! So now we are back to custodial…

  • The answer is not "impossible". It depends on your custom "security" method. But there is no additional advantage to this method. You will have much greater security by extending the seed phrase with a custom…

  • Yes, this has been heard of. It's called a classic 'too good to be true' scam. 'A mistake made amongst the group'? 'Recovery trade'? That's just more bullshit to squeeze you dry. You got lured in with small, 'easy'…

  • Don't be naive. You're not getting a damn cent out of that site. Even if you jumped through their 'final step' hoops – which are just more ways to bleed you dry – you'd still be stuck. And besides, the site's already…