Zoomers, I need help with Bitcoin

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I have a questions about choosing more convenient wallet. I am open to hardware wallets although not without reservations. I want a wallet capable of holdig multiple coins, like lets say btc, monero, tron, ripple or chainlink in one place.

Electrum is great but bitcoins only. Have you any experience with hardware wallets? Just asking for updated information, isee a lot of new wallets and tech but not sure what to trust. Any input would be appreciated.
 

8Man

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If you want a hardware wallet for a 'diverse' crypto portfolio, I'd suggest the Ledger Nano X. Pro-tip - use a throwaway email registration to avoid phishing spam when Ledger gets their customer list hacked. Or if you have the budget, go for a Trezor Model T.
 

Gamer

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If you want a hardware wallet for a 'diverse' crypto portfolio, I'd suggest the Ledger Nano X. Pro-tip - use a throwaway email registration to avoid phishing spam when Ledger gets their customer list hacked. Or if you have the budget, go for a Trezor Model T.
what if the ledger device breaks 5 years down the road, is it even 100% secure/private, as in source code?
 

8Man

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If your hardware wallet gets zapped in an EMP attack or smashed with a hammer, you can still restore to another device using your seed words that you securely stored away for such a possibility.
The 'source code'/firmware shouldn't matter if it's private or not. There are several open-source hardware wallets available. ex: ColdCard , Jade , etc..
 

HairMoccasins

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Can anyone here explain some or has actually used these online website generated wallets like on bitcoingo?
I wanted to try and see if you can buy bitcoin from a giftcard exchange and wanted to use one of these generated wallets to manage it.
 
Can anyone here explain some or has actually used these online website generated wallets like on bitcoingo?
I wanted to try and see if you can buy bitcoin from a giftcard exchange and wanted to use one of these generated wallets to manage it.
Don't use sketchy sites for your coins. If you want an easy web-based bitcoin wallet, use blockchain.com. However, make sure you write down your backup phrase.
 
what if the ledger device breaks 5 years down the road, is it even 100% secure/private, as in source code?
Ledgers, like most modern software and hardware wallets, uses a special seed phrase for backup. You just save the 24 words - write them down on paper and save in at least two places - and your wallet can be regenerated from the backup phrase on any new ledger device, or even on a trezor or many other compatible wallets.

Never ever enter your backup phrase on a computer. Not into ledger software, not into anything. Never let it touch a computer. Only enter it directly into your hardware wallet if you need to restore from a backup.
 

HairMoccasins

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8Man

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Where are you finding these 'dead' Bitcoingo websites? Bitcoingo.org doesn't resolve. Bitcoingo.io is parked at GoDaddy.

If you want to 'break the trail' (make life difficult for Chainalysis), it seems that transferring your funds into Monero (XMR) then from XMR back to whatever you need is not too difficult or expensive. Wasabi/Coinjoin is fine if you're working with at least 0.1 BTC, but there always seems to be some 'uncleaned change' left over.
 

HairMoccasins

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Where are you finding these 'dead' Bitcoingo websites? Bitcoingo.org doesn't resolve. Bitcoingo.io is parked at GoDaddy.

If you want to 'break the trail' (make life difficult for Chainalysis), it seems that transferring your funds into Monero (XMR) then from XMR back to whatever you need is not too difficult or expensive. Wasabi/Coinjoin is fine if you're working with at least 0.1 BTC, but there always seems to be some 'uncleaned change' left over.
Sorry it was "bitcoinco.org".

 

CallOfTheBlood

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I just found out that in my country the Netherlands you must give your ID to buy bitcoin and other crypto's and the seller must register your bitcoin address with the central bank and ask you what you are going to do with the coins you bought. This makes it more than useless for purposes like donating to the Stormer. It also applies to Bitcoin ATMs which require you to scan your ID before you can buy/sell. And this applies for any amount so even if you're going to buy/sell only a few euro's.

Surely you can convert bitcoin to monero or some other coin but then they can still ask you why you did that and if you don't give them a good reason backed up with evidence you can go to prison or get fined.

It was to be expected, governments are going to completely cut off fiat to crypto conversion (like in Russia where bitcoin is outright banned) or they are going to regulate it to death making it pointless because you have less privacy than with a bank account, where you can still get untracable cash from an ATM.
 

8Man

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governments are going to completely cut off fiat to crypto conversion (like in Russia where bitcoin is outright banned) or they are going to regulate it to death making it pointless because you have less privacy than with a bank account,
These assertions are not true (yet). Bitcoin is not 'banned' in Russia. Russia has many Bitcoin mining farms in operation because of their low power rates and colder climate. Matbea is the most popular Bitcoin exchange in Russia with over 80,000 users.



All Bitcoin donations sent to the public DailyStormer BTC address still reach their intended destination (unless advised otherwise by AA). Avoid adverse publicity -use Monero.
 
You may have to give your info initially when buying with fiat in the Netherlands, but you don’t have to tell anyone else anything when you convert your initially purchased bitcoin into something else like Monero.

Just buy your btc or whatever, say it’s for investment or spending, send it to a separate wallet like exodus, then convert it to monero.
 

Mencken

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Just buy your btc or whatever, say it’s for investment or spending, send it to a separate wallet like exodus, then convert it to monero.
If one has a separate wallet -- say, Mycellium -- does that wallet hold both BTC and XMR?
 
If one has a separate wallet -- say, Mycellium -- does that wallet hold both BTC and XMR?
Many wallets hold multiple types of crypto now, but only one like that I’m aware of supports monero alongside other coins. That’s Exodus wallet.

Otherwise you’ll have to use a separate wallet for monero and other things like btc and eth. Cake wallet is monero only. But you can do a conversion and send btc from a different wallet into cakewallet when you convert it into monero. Exodus is really the easiest because monero is usable in the same wallet as everything else.

As I think I’ve said before though, the built in conversion in exodus is expensive though. It’s cheaper to use something like changenow.io to do small conversions.
 

MoonmanJones

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Mycelium is bitcoin-only. BRD supports dozens of coins, but not Monero. Edge supports BTC and XMR (along with a couple dozen other coins) and has built-in support for exchanging them, but it's more like an online service than a standard wallet so I'm uncertain how secure it really is, and also I'm pretty sure all the BTC-XMR exchanges it uses come with KYC warning labels.
 
Mycelium is bitcoin-only. BRD supports dozens of coins, but not Monero. Edge supports BTC and XMR (along with a couple dozen other coins) and has built-in support for exchanging them, but it's more like an online service than a standard wallet so I'm uncertain how secure it really is, and also I'm pretty sure all the BTC-XMR exchanges it uses come with KYC warning labels.
That’s right, I forgot about edge.
 

SNESChampion

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My phone got soaked and is broken.

My Coinbase account was linked to the phone with 2-factor authentication. Even though I maintained the same phone number with my new phone, for some reason I cannot log into my Coinbase account. I can find no e-mail contact for help, let alone a 1-800 customer service number.

Fortunately, all my BTC is in my wallet....or else I'd REALLY be pissed off.

So, I just tried to open a Gemini account. Every time I try to add my debit card, it reads, "AN INTERNAL ERROR OCCURRED". I have no clue why. I've tried with multiple browsers. I also turned off AdBlock. Still have the same problem. I filled out a ticket with Gemini, but I have little expectation of a solution.

Is there any other quality broker recommended here besides Coinbase or Gemini?
 
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MoonmanJones

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My phone got soaked and is broken.

My Coinbase account was linked to the phone with 2-factor authentication. Even though I maintained the same phone number with my new phone, for some reason I cannot log into my Coinbase account. I can find no e-mail contact for help, let alone a 1-800 customer service number.
  1. From a computer, sign in to Coinbase using your email address and password
  2. When prompted for your 2-step authentication code, click the "Unable to submit a one-time code?" link. If you do not get this 2-step prompt after logging in, try clearing your browser cache and/or following the above steps in your browser's "private" or "Incognito" mode
  3. Select "I have lost my Authenticator App"
  4. Follow the rest of the instructions to complete an Account Recovery
Please note that, while the pictures of the front and back of your ID can be uploaded from files, the photo of your face will need to be taken live by webcam. This process must be completed through the website and cannot be completed using the mobile app.
This process may take 48-72 hours to complete. You will receive a confirmation that the process has been completed. You will then be able to login via SMS on your verified phone. Please note, for security reasons, we are not able to remove 2-factor authentication completely.
Kind of a weird requirement, needing a video feed that isn't from a phone's camera, but there you go.
 

glaucon

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My phone got soaked and is broken.

My Coinbase account was linked to the phone with 2-factor authentication. Even though I maintained the same phone number with my new phone, for some reason I cannot log into my Coinbase account. I can find no e-mail contact for help, let alone a 1-800 customer service number.

Fortunately, all my BTC is in my wallet....or else I'd REALLY be pissed off.

So, I just tried to open a Gemini account. Every time I try to add my debit card, it reads, "AN INTERNAL ERROR OCCURRED". I have no clue why. I've tried with multiple browsers. I also turned off AdBlock. Still have the same problem. I filled out a ticket with Gemini, but I have little expectation of a solution.

Is there any other quality broker recommended here besides Coinbase or Gemini?
Kraken. Wire money to them and your can extract btc that day. Coinbase and gemini you have to wait 5 days for your deposit to clear
 

SNESChampion

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Kraken. Wire money to them and your can extract btc that day. Coinbase and gemini you have to wait 5 days for your deposit to clear
Kraken website says they are "not accepting new clients for a short period of time".
 

OldHickory

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@qanon - Small request: is it possible for you guys to put a QR code for the Monero address on the contributions page?

On a side note, I tried using an online XMR QR code generator, but it doesn't give the correct address. I wonder if the sites are programmed to auto-convert your address to an address for the SPLC or some other Jewish NGO. Or perhaps I am just doing it wrong.
 

Jay

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These assertions are not true (yet). Bitcoin is not 'banned' in Russia. Russia has many Bitcoin mining farms in operation because of their low power rates and colder climate. Matbea is the most popular Bitcoin exchange in Russia with over 80,000 users.



All Bitcoin donations sent to the public DailyStormer BTC address still reach their intended destination (unless advised otherwise by AA). Avoid adverse publicity -use Monero.
Any validity to this:
 
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