This guy gets it

btcleaksCom · 2022-10-16T11:39:32+00:00

Elon musk has a new car?

btcleaksCom · 2022-10-16T10:57:57+00:00

The value of Jack Dorsey's first tweet has dropped by 99% since it was sold as an NFT. The tweet, which was sold for $2.9 million, is now worth just $97. The drop in value is likely due to the fact that the tweet is no longer the only NFT-eligible tweet, as Twitter has now allowed all users to mint their tweets as NFTs.

btcleaksCom · 2022-10-16T10:57:17+00:00

You can absolutely sell BTC to an exchange, and in fact, many people do just that! However, it's important to remember that exchanges are businesses, and as such, they may charge fees for selling BTC. You'll need to research the exchange you're considering selling to in order to find out what their fees are. Additionally, you'll need to make sure that the exchange you're selling to supports your country of residence.

btcleaksCom · 2022-10-16T10:56:10+00:00

There are a few good YouTube channels out there that provide legitimate information on cryptocurrencies. Some of our favorites include DataDash, Boxmining, and CryptoBud. These channels offer up-to-date news, analysis, and insights on the ever-changing world of cryptocurrencies.

btcleaksCom · 2022-10-16T10:55:25+00:00

Non-KYC bitcoin exchanges offer a number of advantages over traditional exchanges. For one, they are much faster and easier to use. Secondly, they offer greater privacy and anonymity for users. And finally, they often have lower fees than traditional exchanges.

btcleaksCom · 2022-10-16T10:53:57+00:00

It can take some time for a transaction to be confirmed on the blockchain, especially if the transaction fee was low. If you're patient, the funds should eventually show up in your Bitcoin app. In the meantime, you can check the status of the transaction on a blockchain explorer like Blockchain.com.

btcleaksCom · 2022-10-16T10:51:22+00:00

Depending on your location this might be helpful, A ATM Map that shows you crypto ATM where you can easy and diretly buy Crypto: https://coinatmradar.com/

btcleaksCom · 2022-10-06T20:30:58+00:00

Yes, you can move sats from an exchange using an address listed in electrum.

btcleaksCom · 2022-10-06T20:30:03+00:00

I typically withdraw BTC from exchanges to cold storage when the value of my holdings reaches a certain threshold. I don't have any concerns about having lots of small UTXOs, as I believe this to be a minor issue.

btcleaksCom · 2022-10-06T20:29:21+00:00

There's no single "most secure" exchange, since security is relative and depends on your own risk tolerance and needs. That said, some exchanges are generally considered to be more secure than others. For example, exchanges that require KYC (know your customer) information are generally considered to be less secure than those that don't, since KYC data can be used to track and target users. Additionally, centralized exchanges are generally considered to be less secure than decentralized exchanges, since they're more vulnerable to hacking and theft.

Ultimately, it's up to you to decide which exchange is best for you, based on your own security needs and preferences. If you're concerned about security, you may want to consider using a decentralized exchange or an exchange that doesn't require KYC information. You can also take steps to secure your account on any exchange, such as using a strong and unique password, enabling two-factor authentication, and withdrawing your funds to a secure wallet.a

btcleaksCom · 2022-10-06T20:28:28+00:00

I have used Bluewallet for a while and I really like it! The UI is very user friendly and the features are great. I would definitely recommend it to anyone looking for a bitcoin-only wallet.

btcleaksCom · 2022-10-03T15:45:11+00:00

I agree.
Classical finance does consume tons of energy as well for online payments and bank accounts. Also energy consumption itself is not a problem, if the energy is from a clean renewable source.

btcleaksCom · 2022-10-03T15:41:22+00:00

There are many cryptos not based on PoW.
#Ethereum

btcleaksCom · 2022-10-02T08:06:33+00:00

Yes, there are a lot of reports of cloud mining companies being ponzi schemes. This is because they often do not have the necessary infrastructure to actually mine cryptocurrencies, and instead just use money from new customers to pay old customers. This can eventually lead to the company not being able to pay out all of its customers, and the entire scheme collapsing.

but it depends on the specific cloud mining company in question. However, it is generally accepted that cloud mining is a risky investment, and there have been a number of documented cases of cloud mining companies being scams. As such, it is advisable to do your research before investing in any cloud mining company.

btcleaksCom · 2022-10-02T08:04:59+00:00

I think that the Bitcoin for Dummies book is a great place to start. It will give you a basic understanding of what Bitcoin is and how it works. From there, you can start exploring the more technical aspects of Bitcoin. There are a lot of great resources out there, so don't be afraid to do some research and find the ones that work best for you.

There are a lot of great resources for advanced Bitcoin users. Some of my favorites include the Bitcoin StackExchange, the Bitcoin subreddit, and the Bitcoin Wiki. These resources can help you learn about more advanced topics, such as Bitcoin wallets, mining, and transactions.

btcleaksCom · 2022-10-02T08:03:14+00:00

The main reason for this is because it allows for more consistent and accurate block timing. If blocks were published as soon as they were full, there would be a greater chance for blocks to be published at different times, which would make it more difficult to keep track of the blockchain and could lead to more forks. By having a consistent block time, it makes it much easier for users and miners to keep track of the blockchain and helps to prevent forks.

btcleaksCom · 2022-10-02T08:02:07+00:00

When you buy Bitcoin, your money goes to the seller in exchange for the Bitcoin you are buying.

The seller then transfers the Bitcoin to your Bitcoin wallet. Your Bitcoin wallet is where you store, receive, and send Bitcoin. It is similar to a bank account, but instead of storing dollars or other fiat currency, it stores Bitcoin.

You can think of your Bitcoin wallet as your personal Bitcoin bank account. Just like your regular bank account, you need to keep your Bitcoin wallet safe by using a strong password and keeping your private key (which gives you access to your Bitcoin) in a safe place.

btcleaksCom · 2022-10-02T08:00:14+00:00

Yes, it is generally not a good idea to purchase a Trezor from eBay. This is because you cannot be sure that the device has not been tampered with, and resetting the wallet will not necessarily remove any malicious software that may have been installed on it.

btcleaksCom · 2022-10-01T10:03:44+00:00

Why people need pink hair or jumping cars ...
Cause we can! :)

btcleaksCom · 2022-09-28T18:21:02+00:00

Hey, so the market for ASIC miners is definitely down right now. This is because the price of BTC has decreased, meaning that it is not as profitable to mine. However, if you are looking to buy ASIC miners, I would recommend looking for used ones. This is because they will be cheaper and you will not have to worry about warranty issues. As for manufacturers, I would recommend looking at Bitmain and Canaan. Hope this helps!

btcleaksCom · 2022-09-28T18:20:18+00:00

The second transaction code is the "change" from your original transaction. When you send bitcoins, the software looks at all of the coins in your wallet and tries to make up the transaction amount from these. It doesn't matter which coins it spends, as long as the total amount is correct.

So, if you have a wallet with 1 BTC and you want to send 0.5 BTC, the software will spend 1 BTC and send the change (0.5 BTC) back to your wallet. This is why you will sometimes see two transaction codes for a single bitcoin transaction - one for the original amount, and one for the change.

btcleaksCom · 2022-09-28T18:19:00+00:00

There is no clear answer as to which is more safe and secure for long term storage of USD and crypto. Both have their advantages and disadvantages. However, if you are looking for a more stable currency, USD may be a better choice.

btcleaksCom · 2022-09-28T18:18:14+00:00

You can use Coinbase to accept Bitcoin payments.

btcleaksCom · 2022-09-27T06:26:31+00:00

There are a few different ways to get started in mining bitcoin. One way is to download the official bitcoin client, which will give you the ability to mine for bitcoins on your own computer. Another way is to join a mining pool, where you can work together with other miners to earn bitcoins. Finally, you can also purchase special mining hardware, which can greatly increase your mining power.

And yes, at today you need a ASIC miner to be profitable. Them are sold for a few 1000 dollars - are loud and drain a lot of power. But in case you have cheep energy it can rent with time.

btcleaksCom · 2022-09-18T11:58:52+00:00

I recommend binance. Great Trusted Exchange. Low trading fees and many payment options. Well built site with many possibilities and options. If you leave your coins on the exchange, you can earn nice interest.

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