I made this post in the last bear market. If you followed my advice and bought/held during 2022, you had a great 2025. The greatest wealth transfers occur during fear, panic and capitulation. This opportunity comes around once every 4 years in Bitcoin. submitted by /u/erjo5055 [link] [Kommentare]
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Owner @James · 1578 posts · 2 joined · Status active · Posting permission: Every logged-in user can post
Our email exchange must be the size of a novel. I've given them every KYC document they've asked for and they've even acknowledged that I have given everything. Then what? They literally just give me the fakest replies. I send an email every few months and get replies like these: 'Dear Customer, We will check your case and get back to you with an update. Respectfully, Ophelia Black, AML Compliance Department Changelly.com' So, why is this company still allowed and why did I just buy a ticket to Hong kong? LMFAO submitted by /u/xCreampye69x [link] [Kommentare]
Most BTCers claim to be concerned if they will be able to run full nodes if we let Bitcoin scale. I'll show how one can easily calculate these costs so get better information to make better decisions. First lets make some educated guesses: We want to look at node running at different adoption rates. We will look at: 1% (200 times the capability of BTC 25% (5000 times the capability of BTC) 80% (A mind blowing 16000 times the capability of BTC) We assume 1.3 transaction per person per day. Sources: frbservices.org/news/press-releases/051325-findings-from-2025-diary-of-consumer-payment-choice ecb.europa.eu/pub/pdf/scpops/ecb.op201.en.pdf An average monetary transaction has the size of 250 Byte (2 in 2 out) We take our disk prices from here: backblaze.com/blog/hard-drive-cost-per-gigabyte/ ~$15 per terabyte With all that we can now calculate our costs. With these we can now calculate the block sizes for each: 8billion * X% * 0.000250/24/6 1% 181 MB 25% 4.5 GB 80% 14 GB And the needed diskspace per year: 8billion * X% * 1.3 * 365 * 0.000000000250 1% 10 TB 25% 240 TB 80% 760 TB And lastly we can calculate our cost with todays Disk prices: 1% $190 per year 25% $4700 per year 80% $15200 per year As comparison a Netflix premiums account costs $324. So for the price of a Netflix account we could already serve 1% of the population with sound p2p money. Likely more, because this amount of transaction would actually enable people to use L2s self custodial and likely boost our numbers ~50 times. Even the 80% goal is not out of this world. How much will storage prices fall in the next decade? How much does an average westerner spend for a hobby? I have seen people spend thousands of dollars for games. submitted by /u/DangerHighVoltage111 [link] [Kommentare]
Your recovery phrase should only ever exist in two places, on your device screen during setup, and on paper you physically control. Never a website, never an app text box, never pre printed in the box a wallet shipped in. If a device arrives with a seed phrase already filled in, it is already compromised, so buy only from the official manufacturer. submitted by /u/ELLIPALWallet [link] [Kommentare]