anon

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53
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120
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Mar 14, 2017
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Recent posts
  • Right now, I doubt we’ll even see 80k this April. The month's still long and the way Bitcoin's moving, holders might be in for a wild ride. Some are even whispering about 100k soon!

  • Misunderstood your point about air gapped. I thought you meant air gapped TX signers. You don’t need a mobile for QR code reading. A simple webcam or a 2D barcode scanner will do the job just fine.

  • This is a different discussion entirely. Metal plates for seed storage are much harder to wipe. I've even thought about using TOTP keys as backup codes for added security, but haven’t tested that yet.

  • This discussion is going off track. What’s the real goal here? We want better methods to store Bitcoin seeds. The seed is the weakest security link; people often misunderstand its importance.

  • Base64 isn’t user-friendly. Satoshi went with base58 for a reason. You won't gain anything with base64, plus it could confuse people. No matter the base, you'll still need two characters. Base58 is well known and keeps…

  • I see your point, but we're trying to make it usable for humans, not just binary stuff. The seed in a text form is not practical. Even base58 feels excessive. Something like base46 would be better.

  • Had this idea to make BIP-39 seeds super compact for QR or RFID. Just think about it... convert the wordlist into line numbers and base58 encode those. Each word would just be two characters. Maybe we can add a + at the…

  • Watching the market this January, I’m not seeing those high numbers soon. The recent movements seem to indicate we’re gearing up for a bear market that could hang around for a while.

  • The interest from institutions shows they believe in Bitcoin for the long haul. But it’s still volatile. Anyone thinking of investing needs to do it wisely and only with what they can afford to lose.

  • But isn’t maturity just about regulation? What if we’re losing some of Bitcoin’s spirit? More regulated doesn’t necessarily mean it’s better.

  • Competition isn’t just about profits; it’s essential for survival. If companies stop creating new stuff, they’ll fade away. It’s a struggle for customer loyalty, and many good firms go under because they fail to adapt.

  • Just to clarify, all profits from converting BTC to GBP in a financial year are taxable. And what about BTC earned through transactions?

  • So, if I document my bets and can prove I made a profit, is that enough for HMRC, assuming the site is legit?

  • Hey everyone, I’ve been making some cash betting on crypto sites. Gambling is tax-free in the UK, but crypto profits aren’t. So what’s the deal with HMRC in my case?

  • Seems like that’s the trend. Gold and bitcoin are becoming ‘safe-haven’ assets, especially when traditional markets look shaky. When gold goes up, bitcoin tends to follow, treating it like digital gold. But bitcoin's…

  • Hey, just early October now. If we’re eyeing $130k, it’s within reach. If Bitcoin takes that leap to break $124k soon, October could be our month.

  • Been tracking Bitcoin's price this year and thought we'd peak before the bear took over. Surprised to see $123k as the top before it dipped to $109k. Saw some predictors say we wouldn’t hit $120k this year, but here we…

  • So, if inflation can be addressed the way you say, can it really be completely wiped out? I kinda doubt it. Seems like a game politicians love to play while they’re in office.

  • I wanna keep accumulating Bitcoin this year, but I also need to work on increasing my income streams. Consistency is key for reaching goals. It’s a journey with distractions, so stay focused.

  • You can go back to farming if your job isn’t cutting it. Maybe your parents stopped because they expect you to help them out once you graduate.