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*** No financial advice below *** I think Bitcoin is doing well and is on a temporary pause but in the next 3 months bitcoin should be above $50K and within 6 months bitcoin should be above $100K TL;DR below: I don't quite agree with the premise of your post, but it's more of a fundamentals...

Very good points, They. There's another player in this space I recently discovered, Voyager VXG which is also listed on the stock market VYGVF. Unfortunately, the crypto digital token has gone up 1000% in the last 30 days and the stock has gone up over 800% in the last 2 months I took a...

I don't think it's you... I'm noticing violent crypto pfolio valuation swings, 6 digit in 24-48 hour periods (7 crypto digital assets) and unfortunately for me, it's leaning more on the downside direction. A big part of it is that my biggest position, Celisus has been a laggard only bouncing...

https://finance.yahoo.com/news/goldman-sachs-enter-crypto-market-214659079.html Goldman Sachs to Enter Crypto Market ‘Soon’ With Custody Play: Source Ian Allison Fri, January 15, 2021, 1:46 PM·2 min read U.S. banking powerhouse Goldman Sachs has issued a request for information (RFI) to...

VYGVF (otc) Voyager Digital Ltd (cryptocurrency symbol is VGX) disclosure: i don't have a position in the crypto or the stock, and not planning to take a position Saw this on a crypto YouTube guy I follow. What's interesting is that I guess Circle went almost bankrupt and this company...

Thanks! It looks like I won't run into any problems with first $25K withdrawal/day is their limit. I will change my limit for the 2nd sale/withdrawal...

I answered you on a different post, perhaps you missed it. I will update you of any limits when I sell, possibly starting next week, $150K worth of cryptos at Coinbase. As I mentioned on bitcoin price thread, my plan is to sell $25K, withdraw, $50K, withdraw, so forth. It's my cryptos exchange...

Yes, and of course everyone who sees your the shiny metal like firefighters won't think nothing of it. If you shift to custodial services argument, then you'll have to educate yourself on crypto, can't do it for you. Suffice it to say, you can look at Fidelity or Gemini for that amount of...

I don't have $200M in bitcoin, but just a couple of things need to be separated, there is no urgency like sky is falling end of the world to cash out $200M in 1 day, unless you thought it would crash any minute now to $0 in which case, how did you invest so much in something you did not believe...

Wires? I'll let you know about any caps I encounter at Coinbase if I sell next week, but I use ACH bank transfer. If there are limits, I can simply let the $ sit on the account to wait for the limits to pass and initiate further transfers, but if the limits are too inconvenient, I may go to...

That is the reason I'm invested in bitcoin as a scarce, highly speculative investment, digital asset, with a bonus of being able to use as a payment method, but is not required. Yes, bitcoin as an investment is very volatile, it can go up fast, it can go down fast and when you're ready to get...

I do not want to keep discussing this, but you're not entirely clear on the parameters of the comparison. We're talking about self-custody of $220M worth of value. To be honest, as the value increased to $50M and higher, he should have transferred some to Gemini, Coinbase, and Fidelity or other...

What kind of idiot would have $220M in gold stored in a safe where he can simply call a safe cracker to open? :D Think of all the headaches of owning so much gold for the past 10 years and the costs of security and imagine buying $220M worth of gold 10 years ago at a price of less than a...

The sad part about FUD posts about bitcoin price without any context or proof is the way they can play on the emotions of people. I'm supposed to be selling bitcoins right now for a planned cashout, but I have not sold. The price is great, anything over $30K is more than fine by me, but there...

I kid you not, you start getting used to it even as the price pumps or crashes, lol, and certain wallets has a one finger touch conversion to $ to btc to $, like electrum on the phone wallet. It's a crypto mindset, just like crypto time, 24/7/365 no weekends or holidays then you switch to real...

This would not happen. Every single time I used bitcoin as a payment method, I was presented with an invoice payable in btc amount that has a timer. As long as your bitcoin transfer (transaction) is in the mempool, the sale contract is complete. If your invoice timer expires before you actually...

Quantum computer will break a lot of encryption, and bitcoin will probably not be on top of the list for the owner (owners) of the device. Think state secrets. Quite dangerous to have one, to be honest, you could find yourself bombed out of existence. And if you decide to attack bitcoin...

I work in IT, so a proper backup has to meet certain criteria or it's not a true backup. It stems from Disaster Recovery planning. 1. Two copies (outside of the original which may be constantly used). 2. At least 1 copy out of location (preferably not in the same city, i.e. fire, flood or...

I thought BAKKT futures settle with physical bitcoins so you'll get bitcoins custodied by the exchange? I don't know anything about futures, lol

You know bitcoin btc is a scarce asset :D Are you saying like splitting a gold bar into atoms and distributing to all the people in the world? There are 100M satoshis in 1 bitcoin, so maybe you're on to something if we price each satoshi at 1 US cent or maybe 1 USD :D You cannot change the...