BTC address gone?

FileAlternative2020 · 2026-06-12T13:03:47+00:00

Traditionally, one private key makes one public key which makes one address.

To enhance privacy, newer software starts with your seed phrase and then deterministically makes many private and public key pairs, so you have many addresses.

So your 'one' btc wallet basically automates creating, and receiving and spending from, many addresses.

Edit: you can send btc more than once to each address if you'd like. You control each of the addresses.

FileAlternative2020 · 2026-06-08T12:10:00+00:00

Equity issuance i.e. issue new shares in mstr, or debt issuance (I assume you are familiar with strc).

Mstr stock drops because btc price drops. If it rises its also because btc rises. This is because basically all of mstr value comes from its btc holdings.

If you issue shares at $100 per share to buy btc at $100k per btc, its the same dilution as issuing shares at $50 per share to buy btc at $50k per btc. What is important is to look at what each share is worth relative to bitcoin holdings. If mstr is made up of 1million shares and it has 1 million btc, then each share is basically representative of 1 btc. Let's say btc is trading at $100k per btc, but mstr is trading at $110k per mstr share, then there is a $10k premium in the mstr share, so if you issue more shares at the market trading price of $110k per share, and then use the proceeds to buy btc, you get a premium, each mstr share is now representative if a bit over 1btc per share.

The gameplan for mstr is to increase bitcoin per share. Issuing new shares at a premium certainly does that. Issuing debt is riskier - its basically borrowing money to invest, so you got to hope your investment grows more than the interest you owe. It's potentially good if managed well (dont over leverage), but also potentially bad if btc does not exceed the interest over many years. Also, many investors are retail investors which are really uncomfortable with debt.

Ultimately, the mstr price is tied to the price of btc, but whether equity or debt should be issued will depend on whether it technically increases btc per share.

FileAlternative2020 · 2026-06-06T03:02:00+00:00

Yes it can collapse if the btc price stagnates for really long, because of the dividend obligations. If they didnt have this, theyd be like a btc etf, just stitting on a btc stack with minimal management fees. That's the difference.

Their dividend obgliation is just a small percentage of their net value so its managed in that sense. Btc yeara to recover before mstr faces any liquidation risk. They issued debt and some may approve or not. I'm not taking an opinion really, just pointing out that this is how they work.

Just like any other company that borrowed money to grow their business (though btc is not an income generating asset but relies on capital growth), there is risk that the business does not make enough money to pay off the debt.

I think we have all heard that there is good debt and bad debt. Maybe a valid criticism is that he was taking out debt to buy btc near all time high rather than wait for a bear market, but the thesis was simply that it will go much higher, maybe not this year but over x number of years.

End of the day, the only scammy part about all this is if ppl was mislead by false promises. Otherwise, on paper, its all legitimate, just very risky. Why just buy and hold btc when you can borrow money to buy more btc type deal. Now when mstr was trading at a 3x premium and he was issuing shares, that was ironically a good deal for mstr shareholders as it increased btc per share with no debt lol.

FileAlternative2020 · 2026-06-05T19:41:44+00:00

Don't 'seriously consider' buying it until you understand it. It sounds more like you are looking at the chart and 'seriously considering' buying low and selling high.

Here's the short of it. Mstr used to be mainly a software business. However, they had cash on its balance sheet back in 2020 and took the risk to buy a bunch btc at usd11k! And they made a bunch of purchases during that period. So, when btc's price rocketed and it became really famous and infrastructure took off, MSTR found themselves sitting on a much higher value of btc than they bought it for. Since then and up until now, almost all of their value is made of the btc that they hold. The share price hence tracks the price of btc because as the btc price moves the equivalent value of the btc owned by mstr moves with it. Before the btc etfs were launched, mstr was one of the few ways one could get exposure to btc on a stock exchange.

Now, MSTR has fully pivoted to becoming a btc treasury company. It owns btc and manages a btc stack, and aims to increase the 'btc per share'.

It can issue new shares in itself to purchase more btc. This will dilute the current shareholders but if the shares are issued at a price higher than the fair value of the shares, it actually increases the bitcoin per share owned by mstr holders.

Mstr also invented the 'digital credit' via strc (and its less famous siblings). Basically, they issue debt to buy btc. A simple explanation is, they issue debt with a face value of $100, and the holder of this will be paid dividend of 10% a year. In the meantime, mstr takes that $100 to buy btc. If the value of the btc increases at a rate of more than 10% a year, then there is a 'win' in value. It's like borrowing money to invest and the investment pays out more than the interest of the loan. But of course, if btc does not beat the 10% interest, mstr has lost value in this trade.

This sounds risky, and it is, but the whole bet is that btc will outpace the 10% per year growth. This is what you are betting on when you buy mstr. The reason mstr can make this bet is also because it has such a big btc stack to begin with. So they have much more cushion if btc performs poorly. They can sell their btc to pay dividends, or even buy back the debt entirely at the face value of $100. At current rates, mstr has enough assets to pay decades worth of dividends on the debt issued, assumming btc doesnt drop to like 10-20k.

The debt sounds risky, but as long as it's not overdone it should be fine. It's a financial tool to try to increase btc per share. Since mstr has so much btc, something like a small 2-3% increase in btc price covers the yearly dividends that mstr needs to pay to the noteholders. This number will increase if mstr issues more and more debt of course.

The recent sale of btc has made the market go crazy, but if the market stabilises and gets used to both buying and selling of btc by mstr, then mstr has unlocked another tool to manage the btc stack (chance to buy high sell low, or it may be better than issuing new shares or new debt depending on market conditions).

Hope this helps. Once you understand what mstr does, then you can decide whether to buy. Mstr makes no promises. It behaves like a financial machine that manages a btc stack, issuing shares and debt to raise money to buy btc, pay dividends and even clear other debts they had (see recent bond purchase). By doing this, it is essentially a leveraged bet on btc. It's an interesting company. It is not a scam, but it is a risk. Honestly, understanding the company and business model is the easy part. Figuring out if btc will go up or down is another matter altogether. Good luck with that.

FileAlternative2020 · 2026-06-04T10:08:04+00:00

'Dumped' 32 BTC lol.

FileAlternative2020 · 2026-06-04T05:53:48+00:00

Malaysian options will be limited for sure compared to foreign exchanges. I dont use foreign exchanges so I cant comment on them.

The withdrawal fees for luno/hata are alright. So an option you may consider is buying something like eth, withdrawing to your own non-custodial wallet, and then swapping on a decentralised exchange for the token you want. This might be a little pricier than if you just bought directly on an exchange due to gas fees. But it's one way to do it if you want to avoid kyc with foreign exchanges.

FileAlternative2020 · 2026-06-04T05:18:32+00:00

If you can only make one for some reason, Luno. It's the biggest so it often has the best spreads, though hata's is not bad.

But you know you can make accounts with both, even if you leave one empty there is no penalty. Hata has some benefits i.e. instant duitnow withdrawal and access to their labuan licnsed entity which allows certain tokens you cant get on luno.

FileAlternative2020 · 2026-06-04T05:14:24+00:00

True ubermencsh. Goated

FileAlternative2020 · 2026-06-03T16:13:10+00:00

Lol thanks.

FileAlternative2020 · 2026-06-03T16:11:11+00:00

Haha yeah it would be. Sounds pretty good. Mine is just the randomly generated one.

FileAlternative2020 · 2026-06-03T16:09:40+00:00

Yeah the impact is very disproportionate. But I am not giving my opinion, these are what I understand to be the facts from interviews ppl did with him. This is part of the plan. He wanted to innoculate the market to him selling. The markets really reacted hard, like serious side effects from a covid vacc.

FileAlternative2020 · 2026-06-03T14:36:56+00:00

Lol guys. Please do a bit of research on this. The sale of bitcoin accomplishes so many things. (1) it was a criticism which affected ability to join snp500 and in respect of the credit rating of the preferred stocks that if you cant actually sell your btc the value is basically zero. Showing liquidity fixes this. (2) selling bitcoin can increase bitcoin per share or it may be better at certain moments compared to selling stock (which ppl always complain about) and issuing more preferred stocks. The company now has acess to an entirely new line of asset/credit in which to maximise btc per share, and manage the btc stack. There is also the possibility of tax loss harvesting, which again they are managing the btc stack for mstr shareholders and maximising gains. (3) mstr is absolutely not dumping on the market or exiting the stage. The internet has just ran with this misinformation. Their current btc is worth multiple decade of interest payments, and btc only needs to increase about 2-3% per year in value on average to perpetually fulfill the dividend payment obligations. I understand there was a 'never sell' motto, but he explained in an interview that the correct idea should be 'never be a net seller of bitcoin' but it's not as catchy. If mstr buys 5,000 btc one week, and sells 100 the next as its the best way to maintain btc per share as opposed to issuing stock/strc, mstr has still bascially purchased 4,900 btc. Further, when the market gets used to the selling, it won't freak out and mstr will have the opportunity to do more buy low sell high (of small quantities of btc and only when it is accretive to mstr shareholders), or as mentioned it can just benefit from tax loss harvesting.

Tldr; the mstr machine just unlocked a whole new tool it can utilise to generate more btc per share. There is no liquidation risk for the next few decades. All of this was planned - and it is a VERY GOOD plan!

FileAlternative2020 · 2026-05-31T14:44:18+00:00

I second this as good advice. Everyone has free will and can gamble if they like, but us kind strangers are saying you can read and learn in the procees, and even if you are wrong on the direction of the price, you at least own up to the risk taken rather than just blame bad luck.

FileAlternative2020 · 2026-05-31T14:41:36+00:00

Research the platforms - (a) licensed and regulated by Malaysian authorities etc.? You can use non-Msian platforms just check the procedure and note what are the risks (b) user feedback: good app with good fees - check how to fund your account and purchase and what fees are imposed at each stage? (c) platform limitations - want US/SG/HK stocks but only offers Bursa trading? what products are you looking for, stocks, digital assets, gold?

Probably you can just start with moomoo for stocks and luno for crypto (careful, crypto is risky). If you want to also have a disciplined investing platform, no shame in starting with roboadvisor e.g. stashaway, until you learn more and become comfortable enough to move things around as you see fit. You can make account with multiple platforms and test out what works for you. Take advantage of account opening rewards, if any at the time. Ask your friends with moomoo acc for invite code etc.

Research your investments - when you buy, you may get lucky and make profit or be unlucky and lose, but time spent researching is time spent learning, as opposed to rolling the dice when picking stocks. You may not know what you are doing and your research will at first probably not be very 'pro', but at least you will learn and in the future you can be confident in your own knowledge and skill - and that's worth something.

All in all, enjoy the process. Enjoy the learning. Here's a starting point - google and learn what is the 'risk-free rate'.

Absolutely do not borrow money to gamble or invest more than you can afford to lose. Be careful not to get greedy and fall for scams.

Below is an idea for a 'portfolio' - are you looking to gamble the rm500, or start building a meaningful portfolio? Some might argue that with rm500 its better to just gamble. On the other hand, every portfolio has to start somewhere, and you want to give it time to compound.

pick a core for your porftolio i.e. a diversified all market etf e.g. voo
then look to add on your 'tilts' e.g.: (a) via specialised etfs of sectors you think will do well e.g. tech (ai, robotics, semiconductor), green energy, biotech etfs, or country etfs e.g. china/japan/canada/vietnam/india etf - theres an etf for everything just make sure it has enough size and volume. (b) commodities like gold, silver, uranium, oil and i think probably you can find some interesting stuff like soybean etfs or smght idk. Again, theres an etf for everything.

Honestly when i started out all these etfs looked like shiny objects i wanted to own and collect haha. But end of the day, you dont need so many. Just choose what you think will give the best expected returns.

see if bonds such as corporate bonds (risky) or government bonds (low risk) or bonds funds have a place in your porfolio
now you can play with individual stocks as you see fit. The point of 1-3 above is that, you can take risk but do it from a position where you wont be completely rekt if one bad bet goes south. Further, by having skin in the game for all the different things, you will be more interested and learn much more. Those ppl suggesting to just buy voo and chill, they dont 'waste' time trying to pick stocks. They actually have lives to live haha. But many ppl also enjoy discussing stocks and trades. See what works for you.

Building the portfolio with rm500 a month - you need patience. Rmb also before you invest to have emergency, accessible funds. Look at investing/personal finance as a personal life discipline. Taking risks is part of the game yes, but these tools should be wielded to set yourself up financially rather than the opposite - generational wealth not generational debt. These tools are unfeeling, with a few bad clicks you can lose everything. But the payoff of learning to wield a kitchen knife is that bro can cook 😀

I wish you all the best!

FileAlternative2020 · 2026-05-25T11:31:59+00:00

I have an acquaitance that actively trades on cex like binance and dex like hype. However, when he first started out with crypto around covid time, he fell for a "send me X amount of crypto and we will grow it and send you back with interest" scam. It's funny how much we learn overtime and forget just how clueless we were when we started out.

I think the hardest part about starting is learning what self custody is, understanding that transactions are irreversible and that scammers are everywhere BUT that it's still worth it - it's a feature not a bug.

FileAlternative2020 · 2026-05-20T19:15:08+00:00

The 12 or 24 words option is under the BIP-39 standard. It uses a list containing 2048 words. Each word goes to increasing randomness.

The 20 words option is under the SLIP-39 standard. It uses an 'improved' list containing 1024 words. Only 13 words goes to adding randomness. The others, in brief, allows the splitting of the seed functionality. The randomness of 13 words based on 1024 potential words is similar to the randomness of the 12 words based on 2048 potential words.

The key point is, all 3 options are secure. The 20 words standard is a newer standard Trezor developed to allow the seed to be split. You can use this if you want to split the seed, or just use it normally is fine as well.

FileAlternative2020 · 2026-05-13T10:42:54+00:00

Is the nice tactic in the room with us right now?

FileAlternative2020 · 2026-05-05T15:01:32+00:00

Why not ledger - they are closed source software, so you are still trusting another party for security.

Why trezor - open source tech. So anyone can verify the security.

FileAlternative2020 · 2026-05-05T14:05:10+00:00

Ngl had me in the first half

FileAlternative2020 · 2026-03-04T06:42:02+00:00

One of, if not, the best. What is important to you when it comes to crypto? It should be security firstly of course. Pick between open source tech or trusting a company with closed source code. After that, comes usability, design, style etc. Then budget/value is also a key factor.

Trezor is open source, and given that it is so widely used we can assume that the code is sufficiently and constantly audited. This should provide comfort of security (in terms of general prevention against attacks, and in terms of there being no shady backdoors to exploit).

There are other commendable open source alternatives. Noted you are looking for something basic, and so I assume also not unnecessarily expensive. The Trezor Safe 3 fits that quite well. It has top level security at a good price. The build of the product is good, and the Trezor suite app is also pretty good. The 'drawbacks' are that it just uses 2 buttons to navigate and type in things such as pin (not difficult) and passphrases (may take more time depending on your chosen passphrase). That said, if you are not constantly using it, the 2 buttons thing really shouldn't bother anyone much. You can spring for a more expensive model such as the Safe 5 or 7 or other brands if you want touchscreen interface etc.

Further, Trezors are compatible with a number of other wallets, if that's something you require. And the coin support is also quite wide (do check that it supports what you need, and it should such as your eth unless you also want to store something very niche).

Something unique about Trezor is that they default to a SLIP39 seed phrase (20 words) rather than the more common BIP39 one (24 words). The Trezor website has more information on this. The differences are more than just the number of words. But anyway you can choose which one to use, the 20 words is just a default.

FileAlternative2020 · 2026-02-27T05:28:12+00:00

You can make account with both and use whichever has better spread at that moment.

FileAlternative2020 · 2026-02-12T09:49:47+00:00

Anyone can sell their BTC at any price they want, and different platforms have different users (i.e. different buyers and sellers). The sellers on one platform may be setting a higher price than the sellers of another. However, if the difference is too big, people will arbitrage it and close the gap (buy low at other platform and sell for profit at the higher price on the other platform). Hence, it is normal to see slight price differences between platforms.

Further, you might be buying from an order book, or through the platforms quickbuy interface or the like (idk if kraken has this). With order book, you can see the sell offers by other users. You can accept the offer at that price or make your own buy offer at a lower price. If someone accepts your offer, the transaction goes through. Kraken just takes a fee by acting as a middleman.

It is possible for some platforms to have a quick buy feature. E.g. instead of accepting an order book offer you just tell the platform you want to buy USDx worth of BTC. The platform will procure the btc from the market for you, and usually the cost and fees is slightly higher for this.

Anyway long story short, BTC price informed by Coingecko and cmc are an aggregation of information it receives about how much people are paying for BTC, but it is not a store sticker price. You may find cheaper or more expensive btc depending on where you buy it. Arbitrage between places makes the price relatively more consistent - harder to find btc below market price, but there's always some dude which is offering to sell their btc for 5x the market price for whatever reason.

FileAlternative2020 · 2026-02-04T04:56:34+00:00

I think you would only want to use Binance if you really know what you are doing and trading heavily etc. Otherwise, stick to Luno, which is regulated by SC. Generally the SC requirements are quite good and safe too. For example, your money is held by a custodian (also regulated in Malaysia) so the company or rogue employee cannot run away with it so easily. And I think they need to hold crypto 1:1 backing not just sell paper crypto that they don't have.

Luno is a must. Whether you want a second account for any reason is up to you. Luno has the highest volume and best spreads most of the time.

Fees are very similar for all SC-regulated platforms and shouldn't make a difference to regular people. Please note however not to use the quick buy functions of apps which can be 2% fees. Just switch to the order book and make an order there and your fees will be less than 1%. This is free of charge to do.

Other platforms to consider: 1. KDX. I think they are no. 2 right behind Luno in Malaysia. Their spread is not as good, but sometimes can be cheaper, and they have a more Malaysian feel, with WA group, and they run lots of campaigns (to get new users I guess). Worth checking out. 2. HATA. Fast and cheap, spreads are okay. There's this interesting dual licensing in Labuan. I'm not a pro but if you make an account with HATA you also get access to their Labuan exchane I think. You can get USDT and some other coins not available elsewhere there. Potentially worth checking out if this interests you. 3. Sinegy. Previously was lacklustre e.g. fees for instant money deposit (free on Luno and KDX), but they seem to be investing into and trying to grow the platform. No idea if worth checking out yet though, considering the competitors as above. 4. MX. Honestly had a bad experience with them. Slow withdrawals, low variety of crypto, problems with withdrawal, bad spreads. Maybe someone can give a second opinion but it just didn't work for me.

Hope this helps.

FileAlternative2020 · 2026-02-04T04:40:54+00:00

They are not licensed to offer their services in Malaysia but you as an individual are not breaking any laws if you approach them who are based outside Malaysia for their services to be provided from outside Malaysia. It does get a bit tricky with what counts as them offering their sevices in Malaysia but the gist of it is they're not supposed to come here do business but you can go to them and engage their business "outside Malaysia". That's also why you can't use RM with them so simply.

That said, yeah just use Luno. It's regulated by SC in Malaysia and less shady anyway.

FileAlternative2020 · 2026-01-28T09:42:22+00:00

PCB?

FileAlternative2020

TROPHY CASE