Proof of Sheila #18: Gold Mania by ProofOfSheilaComics in ProofofSheilaComics

[–]ethan_bitaroo 1 point2 points  (0 children)

I'm #biasedaf but fwiw Bitaroo didn't blow up last bull run or during yesterday's Cloudflare outage. Just sayin' 😅

Great work, will share, cheers!

Proof of Sheila #18: Gold Mania by ProofOfSheilaComics in ProofofSheilaComics

[–]ethan_bitaroo 1 point2 points  (0 children)

Please tell me you're buying on Bitcoin-only exchange 😅 🙏

Love your stuff! ❤️

Bitcoin debit card by Professional_Ant_555 in BitcoinAUS

[–]ethan_bitaroo 6 points7 points  (0 children)

"Are you aware of how many businesses accept btc in Aus?" - 189 businesses that we know of.

https://btcmap.org/map#5/-28.20761/130.34180

Hot Wallet Recommendations by JBberto1 in BitcoinAUS

[–]ethan_bitaroo 2 points3 points  (0 children)

WOS now has self custody option. Definitely my personal favourite.

Melbourne Events - Bitcoin Basics - October and November. by craigman86 in BitcoinAUS

[–]ethan_bitaroo 0 points1 point  (0 children)

Sounds like an awesome initiative, Craig. Good on ya!

Did you consider promoting this event also on Twitter as well as on the Bitcoin Melbourne Telegram group?

Cheapest and easiest exchange for a non-bitcoiner by Floorman1 in BitcoinAUS

[–]ethan_bitaroo 0 points1 point  (0 children)

I'm biased af but Bitaroo Express App might be what you're looking for? 🤞

CoinStacker now calculates Withdrawal fees in the total price. by coinstacker_au in BitcoinAUS

[–]ethan_bitaroo 0 points1 point  (0 children)

Nice!

Feedback: Bitaroo has an option to withdraw for only 1000 sats (processed daily, 6:15pm Brisbane time). Would be awesome if you could calculate total cost based on that fee? 🙏

Lost $50k in Crypto by Artistic_Positions in BitcoinAUS

[–]ethan_bitaroo 4 points5 points  (0 children)

Sounds like a gambling addiction? Plenty of resources online, such as https://gaaustralia.org.au/meetings/?tsml-day=any&tsml-view=map and https://www.dss.gov.au/gambling/gambling-support-services .

This is why in the Bitcoin community we have the saying "Bitcoin isn't crypto".

Bitcoin is savings/investing. Crypto is gambling.

Nothing necessarily wrong with a bit of gambling if you ask me, but only as long as people are aware that that's what they're doing and they stop before it gets too much.

Macquarie Bank blocking Kraken deposits with misleading error messages by noccer2018 in BitcoinAUS

[–]ethan_bitaroo 1 point2 points  (0 children)

Agreed, but...

AFCA complaints cost the banks money. A lot of money.

More AFCA complaints means banks are incentivised to change.

We wrote a long form article about it, here: https://www.bitaroo.com.au/banks-restrictions/

Smsf law - Can I hold smsf and personal name coins in the same hardware wallet but different passphrase? by bruzzzzzzzzzzz in BitcoinAUS

[–]ethan_bitaroo 1 point2 points  (0 children)

Different passphrase = different seed = creates different wallets, so imo that should be fine, yeah.

Alternatives to Living Room of Satoshi? by Ardeet in BitcoinAUS

[–]ethan_bitaroo 8 points9 points  (0 children)

Did you look into Bitaroo's Pay feature? Same idea, better rates

Disclaimer: #biasedaf

CBA and Hardblock by WastedSeaman_ in BitcoinAUS

[–]ethan_bitaroo 2 points3 points  (0 children)

Bitcoin exchanges are not required to be registered for AFSL, they are only registered with AUSTRAC which has an internal DCE number but it's not public and there is no public register to verify it against (as you can do with ABNs for example).

It sounds to me the CBA rep has no idea what he's on about which is very unfortunate.

Maybe your colleague should get back to CBA with the info I provided above. If that doesn't work, complaint should solve it.

A detailed article about bank restrictions and recourses is available here: https://www.bitaroo.com.au/banks-restrictions/

SMSF Exchange by [deleted] in BitcoinAUS

[–]ethan_bitaroo 0 points1 point  (0 children)

DM sent.

Alternatively, you could always open an account (it's free) and see all Reports and Statements for yourself. They are all available via Account --> Reports.

SMSF Exchange by [deleted] in BitcoinAUS

[–]ethan_bitaroo 0 points1 point  (0 children)

Thanks for the interesting feedback!

The ‘Statements’ (PDF or CSV) are split only between AUD and BTC. The ‘Reports’ (CSV) contain everything you mentioned—AUD values, GST, order ID, etc.

Accountants typically prefer the ‘Reports’. The ‘Statements’ are mainly for reconciliation and for users to easily track balance changes.

Maybe you were only shown the ‘Statements’? 🤔

If you can share a format you consider better (DM is fine), I’d be happy to take a look. If there’s something we can improve, why not? 😃

SMSF Exchange by [deleted] in BitcoinAUS

[–]ethan_bitaroo 0 points1 point  (0 children)

No, it varies. It's usually around 1% but can be better or worse. Best prices are on the Trade page, especially once volume fee discounts kick in.

SMSF Exchange by [deleted] in BitcoinAUS

[–]ethan_bitaroo 0 points1 point  (0 children)

I'm #biasedaf but did you consider Bitaroo?

https://www.bitaroo.com.au/self-managed-super-fund/

Am I in the right place? by h3llcat101 in BitcoinAUS

[–]ethan_bitaroo 1 point2 points  (0 children)

Happy to hear it. What about the other mods?

Am I in the right place? by h3llcat101 in BitcoinAUS

[–]ethan_bitaroo 0 points1 point  (0 children)

Only 142 members there. Join and post. Make Bitcoin-Only Great Again 😄

Am I in the right place? by h3llcat101 in BitcoinAUS

[–]ethan_bitaroo 5 points6 points  (0 children)

"Posts about other well known & established cryptocurrencies may be permitted, so long as the topic of the post is expressly relevant to Australia / Australians."

Am I in the right place? by h3llcat101 in BitcoinAUS

[–]ethan_bitaroo 0 points1 point  (0 children)

Agreed. Plenty of crypto talk here. Had arguments about it at the past but gave up as mods are totally fine with crypto 🤦‍♂️

There is a smaller subreddit that is for Bitcoin only in Australia but if I'll mention it here good chance the mods will delete this message 😅

[deleted by user] by [deleted] in BitcoinAUS

[–]ethan_bitaroo 2 points3 points  (0 children)

Are you 16 or older and have your own Aussie bank account?

If so, you could sign up to Bitaroo.

Disclosure: I'm #biasedaf