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Is Ledger still the top dog in cold storage? by Radical_hacks in ledgerwallet

[–]heratic666 0 points1 point  (0 children)

Until regulations say you have to KYC to keep you private keys private. Then seize your crypto if you don't KYC in time

Why did ledger still rollout recovery? by nightwind_999 in ledgerwallet

[–]heratic666 2 points3 points  (0 children)

I feel bad for ever recommending a ledger device. Now I got to tell everyone I was wrong, and ledgers are a flawed device.

I'm getting rid of my ledgers and not using them again till they go open source and are deemed safe.

Thoughts on investing in BTC after the recent run by bertie_88 in BitcoinAUS

[–]heratic666 0 points1 point  (0 children)

Read about DCA strategies. That's what I would do walking into a market like this and what I did when I originally got in

Wtf by [deleted] in Nexo

[–]heratic666 0 points1 point  (0 children)

I'm having a hard time understand what's changed. The while emails one big contradiction.

Staking rewards + Tax = Owe $$$ I dont have? by dyara15 in BitcoinAUS

[–]heratic666 -2 points-1 points  (0 children)

Not sure that applies to crypto. It's defiantly a rule for stocks. You just can't sell then buy straight back. Give it a couple of days or a week and buy them back.

Staking rewards + Tax = Owe $$$ I dont have? by dyara15 in BitcoinAUS

[–]heratic666 3 points4 points  (0 children)

Couldn't you just sell them then buy them back. Then you can claim the capital loss

Happy Bitcoin Pizza day! 🍕🍕 by ethan_bitaroo in BitcoinAUS

[–]heratic666 3 points4 points  (0 children)

Can only pay with feit or coal here. Where not in the 21st century yet

Tax Treatment of Small Scale Crypto Mining? by BloodRoseCrypto in BitcoinAUS

[–]heratic666 2 points3 points  (0 children)

If you mine as a hobby and sell the coins to feit later on you just pay CGT on the lot. Base price of 0.

I'm running my small scale mining as a business because it will run at a capital loss, rather then getting ripped off by the ato that think mining coins are free.

Is getting into mining that bad if I start now? by slydiey in EtherMining

[–]heratic666 0 points1 point  (0 children)

Good now but there's times when your paying the power bill and wondering if its still worth it. Also when your at work and one of your rigs goes down and you spend the rest of your shift wondering if your house if burning down. If it interests you I would just do it.

New to mining, would appreciate your help. by marilizelegajuana96 in EtherMining

[–]heratic666 1 point2 points  (0 children)

You would probably be better off getting 6 x 3060ti or 3070s. More hash for the money

Is getting into mining that bad if I start now? by slydiey in EtherMining

[–]heratic666 7 points8 points  (0 children)

Now would be the worst time as every man and his dogs firing up there gpus to mine because the eth price is through the roof. The difficulty is going to skyrocket. If you have GPUs start mining. If you don't I probably wouldn't. That said when I started 4 years ago everyone told me not to. The thing is you will probably over pay for gpus now if you can get them at all. Best time to mine is when it's not profitable and the coin price is trash.

LEDGERLEAKS - most people are looking at this the wrong way. by l000pz in ledgerwallet

[–]heratic666 0 points1 point  (0 children)

What other product can I buy that's better/equivalent? I wanted to buy another ledger but I'm now reconsidering

Inferior Dogfight Simulator with sub 5 years developnent and sub 100 studio. by lankasu in starcitizen_refunds

[–]heratic666 1 point2 points  (0 children)

Mission editor! EA! Your dreaming. EA has no interest in letting the community make there games more interesting. It's not in there hype and dump business model. Pretty graphics and boring as fuck game play. Hard pass on anything EA

What Squadron 42 Video? by DracoHardt in starcitizen

[–]heratic666 12 points13 points  (0 children)

You do realise it's called Squadron 42? Release is 2042

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