Stop what you’re doing NOW and buy a cold wallet.
Get your money off exchanges. I had $100 on Celsius in a stable coin to see if the 8% APY was legit. I left it on there for a year and now I can’t access it. I can’t tell you how frustrating it is and that’s only 100 DOLLARS! Imagine if it was thousands... I just got most of my crypto assets off of coinbase and it feels great. These companies that seem too big to fail, can. Then they use everyday people like us to clean up their mess. Learn from my mistake. Stop what you’re doing at this moment, buy cold wallet storage. It takes 30 minutes to set up and you have piece of mind about your crypto. Much love <3
A String of 200 'Sleeping Bitcoins' From 2010 Worth $4.27 Million Moved on Friday
One day your stack will be the block reward.
How will Bitcoin scale?
So when I ask the maxis say LN and then never respond to my follow ups (or it derails/they admit it will be centralised). But to me lightning network doesn't answer or solve scaling because of its limitations. Quote from the lightning whitepaper p.55 "If all transactions using Bitcoin were conducted inside a network of micropayment channels, to enable 7 billion people to make two channels per year with unlimited transactions inside the channel, it would require 133 MB blocks (presuming 500 bytes per transaction and 52560 blocks per year)." So Bitcoin can't scale, right? Because with the 1mb limit that's 56m people using lightning at most (assuming no shady actors, no people needing to open new channels to put in more funds etc). What am I missing? How will it scale without being centralised? If you scale by making the block size bigger, why would that be the real Bitcoin when multiple forks have already been done already like BCH?
"At first I was skeptical, but more and more I realize [#bitcoin] is the way forward. It's a unique combination of technology that empowers individuals and a way to resist oppression" > World Chess Grandmaster @Kasparov63 https://t.co/SIbgVU5S6J
Bitcoin Exchange Supply Hits the Lowest Level in 42 Months, Crypto trading platforms now hold only 9.3% of the total Bitcoin supply.
Scared of a mistake when sending coins? I built a crypto address validator for you
Hey r/CryptoCurrency I put together this crypto address validator that currently supports some of the top 15 coins. [https://asset.gift/tools/address-validator](https://asset.gift/tools/address-validator) It allows you to put in an address and confirm if it is valid in a simple click of a button. **Preventing you from the gut wrenching mistake sending coins to the wrong kind of address.** Or if somehow someone made a mistake in the type of address they sent you. I'm curious if this is something you would use and what other features would you want with this? I am planning on launching more of these utilities that are otherwise gated on annoying sites filled with ads. So any suggestions / feedback would be amazing.
Total 19M BTC (realized price ~$22K), but 2 very distinct groups: - 11M BTC in profit (average buy price ~$7K) - 8M BTC in loss (average buy price ~$43K) https://t.co/bHT1j1Q6xd
Backtesting is implemented to ensure the profitability of a trading strategy. Essentially, it's testing a trading strategy on historical chart data to see if it works. https://t.co/hbgX8paMe5
Strategies for getting crypto off exchanges
There seems to be multiple ways to get crypto off exchanges I was wondering if anyone here found the most practical and least costly way with cold storage? I have put some thought into this and think the best way to secure your crypto is to get a hard wallet like a ledger and store the ledger in a safety deposit box. I have to put more research into who gives the best deals on safety deposit boxes put seems like most US banks still have the option for an annual cost around $80-150, depending on the size. Total cost would be transfer fees + $150 for ledger nano X + $80-150/yr for safety deposit box + $ not gained from staking. I’m accustomed to using hot wallets to make staking easier but would appreciate any pointers anyone has about cold storage.
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