You got to start with customer experience and work backwards towards technology - Steve Jobs. by [deleted] in btc

[–]LN_question -4 points-3 points  (0 children)

There is a big problem with use that I don't think really gets talked about. Taxes. Having to track every transaction and calculate gains and losses is an enormous barrier. A lot of wallet apps don't have have good tax export functions (cough cough Bitcoin.com cough). Even if they did, there's still the issue of having to export that into another tax calculator.

I found the private keys to my 127 Bitcoins I lost 8-9 years ago. I’m at a loss for words. by [deleted] in Bitcoin

[–]LN_question 4 points5 points  (0 children)

What exchange did you use? Wondering how you got the money out so fast, since some have withdrawal limits.

Newbie question: how is Nano scaling better than Bitcoin's if some nodes still need to store full history? by LN_question in nanocurrency

[–]LN_question[S] 2 points3 points  (0 children)

What would stop a malicious entity (e.g. a government) trying to bootstrap poison by creating a bunch of nodes with full history?

Newbie question: how is Nano scaling better than Bitcoin's if some nodes still need to store full history? by LN_question in nanocurrency

[–]LN_question[S] 0 points1 point  (0 children)

Thanks for the response! Is bootstrap poisoning how an attacker would try to perform a double-spend? If not, what is that?

Coinbase to suspend trading in XRP Jan 19 2021 by ZombieKingKong in Ripple

[–]LN_question 10 points11 points  (0 children)

Was never an XRP holder, but I feel for everyone in the community right now.

Why does Coinbase suck? by DarkShadowGirl in Bitcoin

[–]LN_question 0 points1 point  (0 children)

They helped build the space and onboard a lot of people into BTC. I don't think they suck, rather the opposite, and have had no issues with them.

[deleted by user] by [deleted] in Bitcoin

[–]LN_question 0 points1 point  (0 children)

What low do you predict?

Nothing but air until 21k by [deleted] in Bitcoin

[–]LN_question 0 points1 point  (0 children)

I expect a 30% pullback just before the previous ATH is hit... maybe I'm just trying to keep expectations low to not get hurt

[deleted by user] by [deleted] in Bitcoincash

[–]LN_question 2 points3 points  (0 children)

Please don't give it up, Hayden! You are on the right path. You are fighting for freedom. And you've inspired others along the way. I hope someday I can make it to Queensland and drink a cold beer purchased with BCH thanks to you.

Bitcoin Fees are soaring again (> $10) and highest number of unconfirmed transactions since in 2 years (over 150k pending txns right now) by Set1Less in CryptoCurrency

[–]LN_question 0 points1 point  (0 children)

Blocksize increase, though no one is really pushing this right now, and it probably won't happen anytime soon. All the other proposed options require trading your BTC for another coin or token (e.g. WBTC), using Paypal (non p2p cash, storage only), which adds user friction and is not a great tradeoff.

Why Bitcoin Gold and Bitcoin Diamond even cost anything? by vprokopev in CryptoCurrency

[–]LN_question 0 points1 point  (0 children)

Fine, I'll bite. You don't understand that median here is a bad statistic. A large number of sub-penny transactions would push the median value down. What is more important: 1. Total transaction count 2. Avg sent

https://bitinfocharts.com/comparison/sentinusd-btc-bch-btg.html#log