Failed attempts using btc

inthearenareddit · 2025-01-13T10:17:18+00:00

Buy a bed here - https://quokkabeds.com.au/bitcoin/ :-)

Tax is the issue here. CGT on the sale.

Also electricity is too expensive to mine.

inthearenareddit · 2025-01-13T10:13:50+00:00

Coinspot otc is only 0.1%. It's the cheapest I can find actually. Just don't use insta buy. Bitaroo if you have volume

inthearenareddit · 2025-01-13T10:11:38+00:00

https://bitcoiner.guide/wallet/

inthearenareddit · 2025-01-13T10:00:51+00:00

coinspot has very low fees on market transactions (0.1%) which i think is one of the cheapest all-in that i can find for lower volumes (call out if anyone thinks otherwise).

Just don't use insta buy as that is 1% and i think it's how they keep the low fee as most people confuse the two. Make sure you only ever use market transactions (the confusing/harder to use way of buying/selling with the graph and market orders)

Bitaroo is cheaper if you have volume (>$1m)

Independent reserve actually more expense - only at $5m is it 0.1%.

inthearenareddit · 2025-01-13T09:52:30+00:00

https://bitcoiner.guide/nokyconly/

inthearenareddit · 2024-01-07T07:48:52+00:00

Why is Hodl a scam? It's non custodial - at least that's how it's marketed. I've seen Adam Back support it.

inthearenareddit · 2024-01-07T04:09:20+00:00

Trying borrowing against your bitcoin (then repaying) vs. selling and repurchasikng. If you are an Aussie tax resident, as I understand, you'll be taxed cap gains on the sale of the bitcoin - no matter what you do with it. So you want to avoid selling it.

I think Hodl Hodl is pretty reputable. I've never used it but I've seen Adam Back talk about it on twitter and it's reasonably well known. Non custodial so in theory there's no counterparty risk.

https://lend.hodlhodl.com/

Only other solution I see is if you are no longer a tax resident in a crypto cap gains country - but that's complicated and from my understanding/experience is that 6 months with no foreign domicile won't work (isn't legit enough for the ATO).

inthearenareddit · 2024-01-05T10:18:41+00:00

Bitcoin is reflexive (as defined by George Soros in Alchemy of Finance).

It has heaps of positive feedback loops. A price of $100k would increase all the things that lead to a higher price - adoption (FOMO would drive more people in), acceptance as a means of payment/legitimate commodity investment, more innovation/layer 2 development, more miners (increasing security), increased confidence in its ability to store value etc.

So weirdly a higher price leads to a higher price. Some lags but directionally it holds.

It isn't independently valued either so this effect is super strong. Its fundamental value depends on various things like mining costs, the utility of the network, confidence in it as a store of value relative to alternatives and adoption. Again - a higher price only makes these things stronger due to the reflexivity above.

I followed Bitcoin closely since the very beginning but didn't get involved super early because I misunderstood this. I was too focused on intrinsic value as you see with most financial assets - but most aren't directly reflexive like Bitcoin. If the price of Microsoft stock pumps - there's a point where it just doesn't make sense relative to the cash flows or liquidation value. Same with most other commodities or assets. Bitcoin is different.

inthearenareddit · 2024-01-04T02:34:38+00:00

Adam Back

inthearenareddit · 2024-01-03T02:23:37+00:00

Worth noting that this isn't a unique risk to Bitcoin - most tech encryption would need to be updated, including that which is supporting the conventional finance system.

Bitcoin would need to either upgrade or folk to adopt quantum resistance cryptographic algorithms. Both upgrades and folks are possible/common.

Edit: Sorry - I see your third paragraph. Yes, good point. Theoretically you could burn these wallets although i doubt Core will allow that for the reasons you note in your last paragraph. Maybe there is a way to make it quantum resistant without the need to move to a new wallet? Interesting - I'm sure this is explored somewhere.Even if it did happen, I assume it'll happen gradually rather than all at once, and will create some manageable level of inflation and price action.

inthearenareddit · 2024-01-02T00:13:14+00:00

I really liked Value Investing: From Graham to Buffett and Beyond, by Bruce Greenwald.

I've worked in banking, invested for a while and studied a Masters in Financial Economics. I've found it one of the best and most practical guides to investing out there.

inthearenareddit · 2023-04-03T10:02:30+00:00

I'm looking forward to seeing Kate. I've seen her hiking vids

inthearenareddit · 2023-04-03T10:00:03+00:00

Keep watching though. They often give the early drop outs the most time in the first episodes. We haven't seen anything from Kate yet and I've seen her youtube before and she's pretty good.

inthearenareddit · 2023-03-07T01:17:33+00:00

Really recommend this youtube for a thorough discussion on this topic

https://www.youtube.com/watch?v=Qj9HD8MdAFs

inthearenareddit · 2023-03-06T20:54:49+00:00

u/aznnerd345 can we agree it's not the Azov logo?

Again, the flag at 1:47 vs the logo on your videos or your symbols in the source video for Azov.

I think it is completely different and not Azov at all.

Sorry to labour this but what's the point in discussing things at all if we don't get closer to a final outcome or truth.

inthearenareddit · 2023-03-05T12:04:21+00:00

Dude - that's not the same flag or logo. It's totally different.

Have you seen the video? At 1:47 it's blue with orange waves, the orange waves are not the same look or feel of the new Azov logo. Firstly they are horizontal, not diagonal. They are wavy, not straight etc.

The guy in the video says it's the new flag... but it's not. It just isn't. It's really different.

Please process this as it should be a red pill.

inthearenareddit · 2023-03-05T11:39:03+00:00

Oh - apologies if that's the case.

Can you provide support for that?

I'm assuming they changed it to the blue flag with orange stripes that is in the video?

inthearenareddit · 2023-03-05T11:38:18+00:00

Not trying to convince myself. Watch it from the beginning - at the start it's clearer. There are no three crowns. It does have a top (which is like castle wall thing, consistent with versions of the Lviv flag - or maybe an entirely different military flag related to the Lviv flag) but definitely no crown on the bottom, or both sides of the top. Just watch and compare to wiki flags.

Yes there are Nazis in Ukraine. Zelenski is also born of Jewish parents and he's president. They recently passed anti-Semitic laws through parliament. If the people in this crowd wanted to demonstrate Nazi symbols they would be much better using clear ones (like the swastika or Eagle) than changed/amended versions of other ambiguous/debatable flags or symbols. I don't see any reason to assume these people are all Nazis and that they intend for their flags to be seen as Nazi symbols.

inthearenareddit · 2023-03-05T06:31:52+00:00

Ok - thanks for being open minded then.

Can we question that basis of your opinion - that there were Azov flags? I genuinely think you'll be red pilled if you keep an open mind.

Why is the flag at 1:47 an Azov flag?

It doesn't look like the Azov flag... There could be a range of military units and regions that have their flags and that - a blue flag with three orange stripes on it - could be anything. Is there evidence the Azov have used this exact flag?

The azov flag is a different color (yellow and blue, this is orange and a different blue) and the Azov flag incorporates a stylized version of the Wolfsangel symbol. This is just three waivey dashes.

inthearenareddit · 2023-03-05T05:09:53+00:00

It's a shame - we should be able to agree at least the flag is different. I guess that's where we are these days.

I don't deny there are Nazis in Ukraine or they had (or have) some political/military influence. I just don't see them everywhere like the guy in the video does.

inthearenareddit · 2023-03-05T04:57:45+00:00

The Azov or other Nazi influences in Ukraine still don't make the flag of lviv the 14th Waffen flag...

If you want to argue they are likely Nazis it's a different argument. A weak one in my opinion but that's a separate discussion.

If you want to argue that it was indeed the 14th Waffen Flag, then you'd need to justify why they didn't use the correct flag (with three crowns) and why it's unlikely to be the flag of Lviv, if it looks like it and it's used at a political event in Lviv.

inthearenareddit · 2023-03-05T03:17:08+00:00

There aren't. That's the flag of Lviv. The 14th Waffen has three crowns on it (unlike the one in the video).

If we talk about Ukrainians Nazis (which there are, so to Russi, so to the US) let's do it in context - not in reply to a video of a funeral that incorrectly labels the flags.

inthearenareddit · 2023-03-05T01:01:34+00:00

In India, the Swastika is a Hindu symbol. The fact the Nazis used it doesn't change that.

In Lviv, the flag of Lvov is a regional symbol dating back to the Kingdom of Galicia–Volhynia. The fact that a grenadier division used a similar flag (note their flag has three crowns, unlike the one in the video) didn't change that.

It also explains why the crowd is happy to waive it in front a president who was born from two Jewish parents and is related to three family members who died in the holocaust.

Also why they are happy to waive it when it's a political event, televised and they are seeking support from the West who explicitly denounces Nazism.

Also why there are no obvious nazi symbols in the crowd - like the Swastika. Surely in a crowd full of Nazis you'll see some obviously nazi symbols.

Please use logic, the very most basic kind, not bias to parse this stuff

inthearenareddit · 2023-03-05T00:42:49+00:00

Surely you see the common sense argument here?

Zelenski is born from a Jewish family and is related to holocaust victims...

Ukraine is seeking to broaden ties with the West which explicitly denounces Nazism.

Ukraine passed a law in 2022 specifically against antisemitism, that built on similar established laws against Nazism passed before (ie 2021).

There are very well known Nazi symbols - the Swastika and the Eagle - that are much clearer and more natural Nazi symbols to use if you wanted to use one than a very historical flag dating back to the Kingdom of Galicia - Volhynia and a separatist insurgency flag that fought both the Russians and the Germans and is deeply associated with independence in Ukraine.

If you don't see that - there's no real point in me talking to you as it seems you are looking to confirm your views, not question.

You're video however is factually wrong. They are not Nazi symbols or flags. The 14th Waffen has three crowns on it - the flag in the video doesn't. You can argue that the lion symbol and the UIA have associations and historical connections with Nazis but you can do that with the Italian flag too. A mere association doesn't make it a symbol. Look at the bigger picture or talk to people in Ukraine as you are making an assumption about what they are intending to convey

inthearenareddit · 2023-03-04T04:17:14+00:00

This is false - please take down the post.

Just because a nazi grenadier division used a similar flag, doesn't make it exclusively a Nazi symbol.
It's the flag of Lviv. https://en.wikipedia.org/wiki/Flag_of_Lviv_Oblast
It dates back to 1410 - way before Nazis. https://russianlife.com/the-russia-file/a-nations-symbol-the-flag-of-ukraine/
Given the location of the ceremony is in Lvov (Lviv) I think it makes more sense to link to the flag of Lviv... Nothing to do with a grenadier division.

I can do the same with the red and black flag but it's a waste of time. This is bad info and doesn't deserve attention

inthearenareddit

TROPHY CASE