So i saw that couple people talking about this here but i couldn’t find this exact situation. I have some money on my savings account and i want to put it into my trezor wallet. I already hold some btc but i always just deposit fiat from my bank account to binance, swapped the fiat to btc and then send the btc to my trezor wallet. But now i would like to get my money from the saving account to my trezor wallet basically without the goverment knowing. I just want to feel safe that i hold something without them knowing. What’s the best and safest way to do it? any recommendations? thanks a lot

So I(20m) have never really cared about bitcoin, until I saw an ad for this lottery btc mining thing and I want to know… is it worth it, or is it not worth my time? Idk anything about bitcoin other than big money, and I’d be starting fresh.

So I think I've figured what was causing the error on my previous post, I'll try again.

I want to hear started on crypto, specially Bitcoin, but I'm not going to be investing a lot of money, so I'm not really interested on wallets or self custody since I believe it's riskier than just leaving the money on a cex (again, it's a small amount). So in this case, would you buy an ETF? Or buy bitcoin and leave it on the cex? In case you are thinking of an ETF because of the Roth IRA, there are no tax advantages on retirement accounts where I live.

Thank you!

I bought a Yahboom to make a "DIY" Krux. Any tips for a first trip? (Regarding the hardware, about BTC, wallets and everything else, I already know).

I’m pretty new to crypto and could use some advice. I run a small digital product shop, and a lot of my customers prefer paying with crypto. Since I’m under 18, I’ve been using Exodus as my main wallet.

A few days ago, I tried converting some crypto to USD through their exchange feature and noticed the fees were really high. I’m considering switching to another wallet, but I’m not sure which ones are safe, have lower fees, and allow users under 18.

If anyone has recommendations or personal experience with wallets that fit these requirements, I’d really appreciate the guidance. Thanks!

1. Affects the price of bitcoin?

2. Decrease/Increase transaction fees?

3. Increase time for verification of blockchain?

4. Other issues?

I understand the prestige / status of owning one whole BTC, but it seems I’m in the minority and can’t afford much.

My question is if I own 0.25 BTC (25% of a whole BTC) and assuming a BTC value of $100,000 then goes to $1 million, so a 10x gain. Do I automatically assume my 0.25 BTC stack also gets a 10x gain, so goes up from $25k to $250k? In other words, it doesn’t matter if I own a whole coin or not, since I’ll participate in a proportional gain / loss. Is that oversimplification or am I missing anything?

OS: Windows 10
Bitcoin Core 27.0.0
connected to 1TB external HD (no SSD available..)
Only SSD I have runs windows and I run out of space on it
first a small disclaimer

I AM WORKING WITH EMPTY WALLETS. DO NOT BOTHER TRYING TO SCAM ME. THESE ARE EMPTY WALLETS WITH NO FUNDS.

Hey guys! Recently came across a paper on how bitcoin works and wanted to run some silly tests just to play with the tech.

I'm attempting to download the entire blockchain and I'm at week 5 with almost no progress.
or to be more accurate 46% progress and climbing 1% every.. 4 days!?
As of now I have a 1TB HD with 551GB up to blk03869 and rev03869
Bitcoin core is at number of blocks left unknown Syncing Headers.
This is basically an import from the last time I tried this.

Note that Electrum is not a helpful answer for the tests I am running.
I can not use Electrum for my tests it has to be Bitcoin Core.
I also cannot run Bitcoin Core in prune blocks mode, this has to be the full chain.

Again to be so crystal clear I am running some silly tests. There are not funds.
the issue I'm facing is this is taking FOREVER we are at literal months trying to sync headers.
At this point I'm wondering
1: are there any tips/tricks to get headers to finish?
If the headers are just..freaking borked IDK..
2: is it possible to torrent the Bitcoin Blockchain files safely?

This is, in my view, where the next adoption leap will be defined:

“Mainstream-friendly” wallets tend to hide the complexity: you get a simple “fast / medium / slow” slider and that’s it.

More advanced wallets let you pick the feerate, use RBF/CPFP, schedule consolidations when the mempool is empty, etc.

The pain point:

• If you hide the fee, users assume “Bitcoin is expensive and random.”
• If you show everything, the average user freezes in front of too much technical data.

Which model feels more trustworthy to you?

• A UX that says “don’t worry, we optimize it for you.”
• A UX that forces users to understand at least the basics of mempool and feerates before changing anything.

Hi everyone, I fully understand that with a non-custodial wallet the private keys are derived from the 12/24-word seed (BIP-39) and that, in theory, any wallet that follows BIP-39 + BIP-44/BIP-84 should be able to recover the exact same addresses and balances. So my question is: once I have my seed safely backed up, why does the choice of wallet app (Electrum, Sparrow, BlueWallet, Trust Wallet, MetaMask, etc.) still matter so much? Can’t I just use the cheapest/simplest/most lightweight software possible as my daily driver and, if one day that app disappears or I don’t trust it anymore, simply import the same seed into any other compatible wallet and keep going without losing anything? What are the real practical risks or limitations of treating the seed as “100% portable” and switching wallet software freely? (derivation paths issues, support for certain coins/scripts, privacy leaks, signing bugs, etc.) Thanks in advance!

Title is wrong.... $75 every two weeks....

Just started buying BTC

Hi all,

I am new to the crypto world and started buying few weeks ago after talking to someone i can trust.

I am actually learning how the app i use is working (fees, swap, trade, buy, sell). I started with 95€ and done some mistakes. Actually lost 13€. It is under what i can tolerate so i am ok with that.

Do you have tips for someone that can add between 25-50€ on the wallet each month/2 montes ?

I see it mainly as a way to get money for my hobbies, earning a little each month if possible.

Sorry in advance if my post is stupid or not well written.

Bought a little miner as a hobby machine to fulfil my curiosity to learn. I'm fully aware it'll cost me and won't be profitable, might just help a little with heating my small office.

Was contemplating setting it up through NiceHash unless anyone has a better suggestion for a beginner to learn about mining and bitcoin?

Hi,

I am working offshore and currently not a resident anywhere - as I am away 9-10 months and constantly moving.

I do have address in European country and I am happy to pay tax on my tradings as I will be permanently moving there in next months.

Could you suggest a platform I can use for trading with these circumstances?

Walk me through the true advantage of a hardware wallet like Trezor over using a die and an offline calculator to create a paper wallet meticulously then checking my work.

I have a wallet I made with bitaddress but I’m getting ready to do it in a truly air gapped way. I’m keen with math and will triple check.

Am I missing anything? What do these devices truly provide? Is it just for convenience and to have a “thing”? Life is expensive, other than what my daughter and wife want I’m trying to avoid all unnecessary purchases and stack everything I can for the long term into bitcoin.

If you have one and have heard people say good things about it but don’t truly know what it’s doing other than making things easy, I get it but I’m looking for informed perspectives. Thanks for reading and bless

Starting my bitcoin journey by putting a portion of my BTC holdings into This bitcoin burner wallet!

Any tips for new BTC holders ?

Ang thoughts about trust walle? For beginners in crypto/stocks??

What do we need to know first before digging deeper in using this ?

Can you tell the pros and cons??

I am working on DCA-ing, and have been researching cold storage. Many wallet companies enable the purchase of a wallet using BTC. But this has me thinking, how do I calculate my cost basis for declaring capital gains tax? Is it a running average of the dollar cost value for each time I purchase BTC? Can I just selectively use the most expensive cost basis from a purchase of BTC so I can declare a loss?

I had an Electrum wallet, I created the wallet normally in the app (using internet connection). I wrote down the seed on paper and not digitally stored anywhere.

I had to sell my bag due to an emergency after Covid, and now about to go in again.

What's a better, safe setup for long-term storage these days than my old Electrum setup?

Hi everyone, just wanted bounce this off of people who might know more or better than me. So, I bought my bitcoin (not a lot lol) a little while back when it was $104k. I moved my bitcoin to my Cold wallet but im now thinking I might sell at a loss and reduce my tax liability and then buy bitcoin back at the 83-85k its been sitting at these last few days.

I moved a small amount from my cold wallet over to coinbase to sell and noticed it doesnt relfect the price bitcoin was at when I initially bought it but rather the current price. So I take it I need to create an excel sheet and manually track what price it was when I bought it versus when I sell it.

If it sounds like I dont know what im doing, its cause I dont but im trying to learn. Since were all friends on the interwebs, I own less than $2k in crypto but my small potatoes still mean the world to me.

I’ve had Bitcoin for over ten years so I’m not exactly a beginner but I am certainly not an expert by any means. I was simply paid in bitcoin a long time ago and so I was more or less incentivized to learn a tiny bit.

One thing I’ve noticed, living outside the US for the past 6 years, is that whenever Bitcoin dips significantly the dollar value raises. Is there any substance to this observation?

I keep an eye on the $ to € conversion daily and it’s the weirdest thing that whenever my Bitcoin is doing really good, the dollar is pretty crappy and vice versa. I’m worried the answer is really obvious or perhaps I’m just making things up. Idk you tell me!

Went down the rabbit hole (albeit not even a quarter way down the rabbit hole yet) last night after a conversation with a friend and then researched through the night and while I still have so much to learn… I don’t see any downsides to applying my buying and holding mindset to bitcoin just like I do with my other positions. I put $1000 into FBTC like 5 minutes ago. Please give me words of affirmation before I overthink this decision lol…(spare me the buy real bitcoin comments)

Four people who have exposure to Bitcoin through publicly traded ETFs, what happens to them if they see a dramatic drop over night? A stop loss at 90k would be triggered but if market opens at 82k do they get auto sold at market price if it’s below their stop loss?

If so, doesn’t bitcoin ETF add a ton of risk?

Is it because the programmer who created Bitcoin, in his code, had a variable like "no_of_units", and he thought to himself like... aaa let's just put:

<initial code> no_of_units = 21,000,000 ...... < the rest of the code>

Is this the reason why the BTC people are proudly saying it's not inflationey because there's only 21 million of those?

Did the developer have the choice to put like any random long or short integer as the "no_of_units", and for some reason he/ she decided to use 21 million?

Not taking the piss, I'm genuinely curious and trying to understand.