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Posted: 7/24/2024 10:39:37 AM EST
[#1]
Quote HistoryOriginally Posted By Enzo300: What can be, untethered by what has been. |
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USA
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Posted: 7/24/2024 12:23:13 PM EST
[#2]
Quote HistoryOriginally Posted By MidwestJ:
Trump has met with Bitcoin mining companies. https://blockworks.co/news/on-the-margin-newsletter-trump-bitcoin-mining-meeting https://www.axios.com/2024/06/13/donald-trump-bitcoin-mining-mar-a-lago https://coinmarketcap.com/academy/article/donald-trump-backs-bitcoin-mining-in-mar-a-lago-meeting-with-industry-leaders |
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Posted: 7/24/2024 12:37:05 PM EST
[#3]
I ended up buying FBTC.
I know this is a Bitcoin thread but what percentage of your IRA would you allocate to BTC? I started with 5% |
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USA
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Posted: 7/24/2024 1:11:06 PM EST
[#4]
Quote HistoryOriginally Posted By colt_thompson: I ended up buying FBTC. I know this is a Bitcoin thread but what percentage of your IRA would you allocate to BTC? I started with 5% Since we're in bull market of the 4 year cycle, my IRA, Roth, HSA and Brokerage accounts are between 66-80% with the rest being in Coinbase, BTC miners, and options on miners. I went 100% in day 1 of them going live and rotated some into the miners and Coinbase. I'm also split between FBTC and one of the other ETFs because FBTC does self custody and the rest use Coinbase, to reduce risk. I wish I put more in Coinbase and Wulf since their up more. |
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Posted: 7/24/2024 1:47:01 PM EST
[#5]
Quote HistoryOriginally Posted By colt_thompson: I know this is a Bitcoin thread but what percentage of your IRA would you allocate to BTC? I'm up to almost 15%. I started buying just below $40k, but my break even is around $61k now because I've bought so much in the mid $60k range. Now I only buy on the big dips like a couple weeks ago. Some of that 15% is also in bitx (double bitcoin). |
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Posted: 7/24/2024 2:10:53 PM EST
[#6]
Wyoming Sen. Lummis plans to announce legislation for Strategic Bitcoin Reserve at Nashville conference
As Donald Trump prepares to address an estimated 20,000 bitcoin enthusiasts later this week in Nashville, Tennessee, the pro-crypto Republican Sen. Cynthia Lummis of Wyoming is also looking to make some big news, preparing to announce she's crafting new legislation that could radically alter the burgeoning crypto business by firmly establishing bitcoin as a mainstream financial asset, FOX Business has learned. .... While specifics of the legislation are unclear, the purpose of the bill, according to a person who has seen initial drafts, intends to direct the Fed to buy bitcoin and hold it as a reserve asset in the same way that the nation’s central bank holds gold and foreign currencies to help manage the U.S. monetary system and keep the value of the U.S. dollar stable. .... "Classifying the world’s largest cryptocurrency as a strategic reserve asset would be the firing gun in the ‘Bitcoin Space Race,’ said Sam Lyman, director of public policy at bitcoin miner Riot Platforms. "If the United States – the wealthiest country in the world and the home of global capital – began accumulating bitcoin on its balance sheet, other countries would have powerful incentives to do the same." The U.S. is already the biggest nation-state holder of bitcoin, so it has a strong head start. It currently holds around 210,000 bitcoins with a current value of just over $66,000 per token, due to the Department of Justice seizing large sums from illicit actors over the years. |
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Posted: 7/24/2024 4:38:39 PM EST
[#7]
Quote HistoryOriginally Posted By Caeser2001: Since we're in bull market of the 4 year cycle, my IRA, Roth, HSA and Brokerage accounts are between 66-80% with the rest being in Coinbase, BTC miners, and options on miners. I went 100% in day 1 of them going live and rotated some into the miners and Coinbase. I'm also split between FBTC and one of the other ETFs because FBTC does self custody and the rest use Coinbase, to reduce risk. I wish I put more in Coinbase and Wulf since their up more. Dang. You're a brave man dedicated to the cause. I'm only at 20% in the crypto sector and I still get nervous on down days. I suppose age and net worth plays a big part in risk tolerance. |
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USA
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Posted: 7/24/2024 4:56:23 PM EST
[#8]
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Posted: 7/24/2024 5:47:49 PM EST
[#9]
Quote HistoryOriginally Posted By colt_thompson: I ended up buying FBTC. I know this is a Bitcoin thread but what percentage of your IRA would you allocate to BTC? I started with 5% Whatever your allocation is to BTC, it is never enough. 
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Posted: 7/24/2024 5:53:34 PM EST
[#10]
Trump speaking positively would give a nice bump probably, but he'll just be saying what the crowd wants to hear. Actual appointments, policy, and winning the election might vary. Fed is going BRRRRT either way, hard money doesn't give a shit.
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USA
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Posted: 7/24/2024 7:53:22 PM EST
[#11]
Protonmail has announced a wallet system linked to their email system. Not really sure what the features are, but they claim that everything is end-to-end encrypted so that only you have access to your funds.
It might be interesting, especially if they link it up somehow with LN, and maybe also AcceptLN which is some other company's system for enabling LN payments to email addresses. Also, some company is claiming to have accomplished a successful zero-knowledge proof using the Bitcoin blockchain. They further claim that this will enable effectively doing "upgrades" to the protocol without hardforks of the base layer. They will be giving a presentation at Bitcoin Nashville. https://old.reddit.com/r/Bitcoin/comments/1ebfv7q/bitcoinos_claims_first_zeroknowledge_proof/ Quote HistoryOriginally Posted By Enzo300: What can be, untethered by what has been. Does that mean she's pro-Tether or anti-Tether?!
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USA
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Posted: 7/24/2024 8:03:36 PM EST
[#12]
Quote HistoryOriginally Posted By HEATSEAKER: Dang. You're a brave man dedicated to the cause. I'm only at 20% in the crypto sector and I still get nervous on down days. I suppose age and net worth plays a big part in risk tolerance. Quote HistoryOriginally Posted By HEATSEAKER: Originally Posted By Caeser2001: Since we're in bull market of the 4 year cycle, my IRA, Roth, HSA and Brokerage accounts are between 66-80% with the rest being in Coinbase, BTC miners, and options on miners. I went 100% in day 1 of them going live and rotated some into the miners and Coinbase. I'm also split between FBTC and one of the other ETFs because FBTC does self custody and the rest use Coinbase, to reduce risk. I wish I put more in Coinbase and Wulf since their up more. Dang. You're a brave man dedicated to the cause. I'm only at 20% in the crypto sector and I still get nervous on down days. I suppose age and net worth plays a big part in risk tolerance. I don't have much of a net worth I wanna change that. I'll reduce exposure and rotate some into SCHD or something eventually.
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USA
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Posted: 7/25/2024 5:31:22 PM EST
[Last Edit: Jagrmaister]
[#13]
Quote HistoryOriginally Posted By colt_thompson: I ended up buying FBTC. I know this is a Bitcoin thread but what percentage of your IRA would you allocate to BTC? I started with 5% 
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USA
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Posted: 7/25/2024 5:53:03 PM EST
[#14]
Quote HistoryOriginally Posted By colt_thompson: I ended up buying FBTC. I know this is a Bitcoin thread but what percentage of your IRA would you allocate to BTC? I started with 5% The advice in the old days was "only invest what you can afford to lose." I'm not sure that's applicable any more. Still, look what happened to Michael Saylor -- boring CEO to rockstar to thrown out of his own company for a 50% loss of all their savings and now back to rockstar. |
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USA
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Posted: 7/25/2024 6:19:16 PM EST
[#15]
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USA
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Posted: 7/26/2024 11:23:28 AM EST
[Last Edit: Jagrmaister]
[#16]
Been a wonderful time to consolidate and perform UTXO management. Was in the next block last night for under 4.5sat/vB fee.
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ID, USA
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Posted: 7/26/2024 3:44:43 PM EST
[#17]
Does anyone have experience with the extra security methods offered by coinbase? I generally don’t keep anything but recent purchases on Coinbase but as we progress into a wild bull market I don’t need account take over threatening by account there even if there’s little in it.
I see Coinbase offers a few methods of extra security, like a hard wear key etc, does anyone here have experience with any of those methods offered and how to keep my account firmly in my own hands ? |
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USA
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Posted: 7/26/2024 5:57:54 PM EST
[Last Edit: Jagrmaister]
[#18]
Quote HistoryOriginally Posted By Lorduss: Does anyone have experience with the extra security methods offered by coinbase? I generally don’t keep anything but recent purchases on Coinbase but as we progress into a wild bull market I don’t need account take over threatening by account there even if there’s little in it. I see Coinbase offers a few methods of extra security, like a hard wear key etc, does anyone here have experience with any of those methods offered and how to keep my account firmly in my own hands ? I don't trust any exchange. Self custody or risk it all. Air gapped wallet that is never connected to the internet for the win. 
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Posted: 7/27/2024 12:10:17 AM EST
[#19]
Quote HistoryOriginally Posted By Lorduss: Does anyone have experience with the extra security methods offered by coinbase? I generally don’t keep anything but recent purchases on Coinbase but as we progress into a wild bull market I don’t need account take over threatening by account there even if there’s little in it. I see Coinbase offers a few methods of extra security, like a hard wear key etc, does anyone here have experience with any of those methods offered and how to keep my account firmly in my own hands ? Coinbase likes to lock people's account for little to no reason at all. They can and will steal your funds, or keep them locked up for years if they think they can get away with it. All it takes is one dirty satoshi or enough scammer login attempts and you will get locked or stuck in a "Verify ID KYS" (verify your identity or kill your self) loop forever. I do not suggest keeping anything on an exchange that you aren't willing to lose. Trade, buy, sell all you want... but send the balance to your own private custody wallet on a regular basis. |
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OH, USA
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Posted: 7/27/2024 8:37:23 AM EST
[#20]
Unfortunately it's not just a coin base thing either.
Happened to me with Gemini, PayPal, and river as well as coin base. Although with the others I bitched to the mods in their reddit or Bitcoin credit and got it taken care of. Most recently with river.. "oh sorry, it was an automated thing, we fixed it". You'd think if there was a denial a human would look it over. At least cursorily |
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Posted: 7/27/2024 6:22:28 PM EST
[#21]
That crazy mf'r finna do it.
Kitco is a pretty legit site. Breaking: Trump vows to make Bitcoin a strategic reserve currency |
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USA
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Posted: 7/27/2024 6:31:14 PM EST
[Last Edit: dog-meat]
[#22]
Quote HistoryOriginally Posted By Enzo300: That crazy mf'r finna do it. Kitco is a pretty legit site. Breaking: Trump vows to make Bitcoin a strategic reserve currency The article lies. It attributes this quote to him: “This will serve, in effect, as the core of a Strategic National Bitcoin Reserve,” Trump said. What he actually said: “This will serve, in effect, as the core of a Strategic National Bitcoin Stockpile,” |
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Posted: 7/27/2024 6:42:52 PM EST
[#23]
TRUMP nailed his speach imo.
Any bitcoiner be an idiot not to vote for him |
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Posted: 7/27/2024 6:58:32 PM EST
[#24]
Didn’t watch but Twitter is saying it was an inauthentic speech and he knew nothing of the subject matter
Many calls to vote for Rfk as a protest vote |
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Posted: 7/27/2024 7:24:19 PM EST
[#25]
Quote HistoryOriginally Posted By dog-meat: The article lies. It attributes this quote to him: “This will serve, in effect, as the core of a Strategic National Bitcoin Reserve,” Trump said. What he actually said: “This will serve, in effect, as the core of a Strategic National Bitcoin Stockpile,” I should have been more thorough in sussing this out. Jordan Finneseth is easily Kitco's worst diversity hire. |
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USA
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Posted: 7/27/2024 10:59:50 PM EST
[#26]
Quote HistoryOriginally Posted By TexRdnec: Didn’t watch but Twitter is saying it was an inauthentic speech and he knew nothing of the subject matter Many calls to vote for Rfk as a protest vote LOL. Reddit is also downvoting every Trump thread and pro-Trump comment. |
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Posted: 7/27/2024 11:16:11 PM EST
[#27]
Quote HistoryOriginally Posted By TexRdnec: Didn’t watch but Twitter is saying it was an inauthentic speech and he knew nothing of the subject matter Many calls to vote for Rfk as a protest vote Im pro trump and pro crypto. That was a trump rally speech with a bit of bitcoin speak. Not a BTC conference keynote speech. |
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Posted: 7/28/2024 7:02:10 AM EST
[#28]
Quote HistoryOriginally Posted By DubyaB: TRUMP nailed his speach imo. Any bitcoiner be an idiot not to vote for him Problem is, RFK can't win so it's a wasted vote. |
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Posted: 7/28/2024 7:49:15 AM EST
[#29]
Quote HistoryOriginally Posted By Lorduss: Does anyone have experience with the extra security methods offered by coinbase? If you’re investing in bitcoin for profit what about using the ETFs? Fidelity actually holds their bitcoins themselves for FBTC(all others use coin base) so you remove the coin base risk. Fidelity also has crypto accounts where you can directly buy btc and eth on your own(downside is you can’t transfer the coins to a wallet outside of fidelity, but that feature is in the works). |
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USA
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Posted: 7/28/2024 8:30:50 AM EST
[#30]
can you get self custody bitcoin into ETFs without triggering a sale/gains tax?
btc->etf |
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USA
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Posted: 7/28/2024 8:50:31 AM EST
[#31]
Quote HistoryOriginally Posted By dog-meat: can you get self custody bitcoin into ETFs without triggering a sale/gains tax? btc->etf No. Grayscale used to do that with GBTC, but it ended up creating enormous problems for them. People transferred BTC in exchange for GBTC shares because GBTC was trading at a premium (it was the only way to get Bitcoin into a normal IRA at the time). The shares had a six-month lockup period before they could be sold. Then cryptowinter hit, GBTC crashed to far below what the BTC was worth, and all the "geniuses" like "3 Arrows Capital" and Celsius who had dogpiled into the trade got rekt and Grayscale's reputation got trashed (through no real fault of their own). Some of the ETFs tried to get that funding method past the SEC and the SEC said "No. Fuck off, pigs." |
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Posted: 7/28/2024 3:58:35 PM EST
[Last Edit: CJ7365]
[#32]
Quote HistoryOriginally Posted By DubyaB: TRUMP nailed his speach imo. Any bitcoiner be an idiot not to vote for him How we all forget...... In July 2019, President Trump criticized Bitcoin and crypto assets. He said their value is highly volatile and are not considered as money. “I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity.” <-----Not a never trumper, just pointing out the contradictions, this was in 2019 so I guess he changed his mind. |
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Posted: 7/28/2024 4:35:34 PM EST
[Last Edit: Brahmzy]
[#33]
“People can change”
F’ing politicians change like farts in the wind. They all don’t GAF about us. I’ll vote for Trump again, but don’t kid yourself, even if they somehow let him back in the Shithouse, Congress will take his balls, again, rendering him powerless, again. More realistically, Marxist Kamala will usher in some of the worst times this country has ever seen. Shitshow cometh. Happy Sunday. 
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Posted: 7/29/2024 8:34:25 AM EST
[#34]
 just kissed 70k |
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OH, USA
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Posted: 7/29/2024 8:58:42 AM EST
[#35]
Quote HistoryOriginally Posted By CJ7365: How we all forget...... In July 2019, President Trump criticized Bitcoin and crypto assets. He said their value is highly volatile and are not considered as money. “I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity.” <-----Not a never trumper, just pointing out the contradictions, this was in 2019 so I guess he changed his mind. Everyone, well, most everyone, has to go thru that exact same journey. Hell, even Michael Saylor eent thru it. But I agree with the poster above. Politicians change like the winds. |
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Posted: 7/29/2024 9:07:38 AM EST
[#36]
Quote HistoryOriginally Posted By Fooboy: just kissed 70k I'm trying not to get excited. We are coming up on a couple of the worst months historically for Bitcoin and we are still technically in a downward sloping channel unless we get past $71,000 give or take. Not that I'd be complaining if we had an new ATH this summer but I'm not going to get my hopes up until the traditionally more bullish months starting in October. |
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USA
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Posted: 7/29/2024 12:43:20 PM EST
[Last Edit: JimmyFallon]
[#37]
I'm confused by Bitcoiners' righteous pearl-clutching regarding Trump and other politicians. "He doesn't really get it, he just wants the votes". News flash, Matilda: all any of the politicians want is the votes. They don't care about you, they don't care about the humanitarian effects of BTC, and they don't care about how BTC will fundamentally change the world.
The "right people" either never get into office or they get co-opted once there. Some of you need to review Uncle Milton's sage advice: the key is to make it politically profitable for the wrong people to do the right thing. And BTC does this with game theory. Ultimately the best self-interested solution, even for the grimy people you hate, is to acquire and support Bitcoin. Ethics don't matter. Morals don't matter. RFK is no less a wind-testing politician than Trump or Vivek. If they felt it would cost them to support BTC, they'd all stop supporting BTC. RFK has the luxury of being able to say anything he wants, because he knows he cannot win, so there is no cost to him to be an outspoken BTC fan in the political world. If he was a potential winner, his BTC love would be entirely conditional. Which do you prefer: Trump supporting BTC even though he's not on par with Jameson Lopp, or Harris letting Fauxcahontas Warren take away the right to self-custody and more? How can you possibly complain that a front runner for president of the United States is promoting BTC, even if it's "just to get the votes"? Let BTC's game theory do its work. |
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Posted: 7/29/2024 12:46:00 PM EST
[#38]
Quote HistoryOriginally Posted By Mazeman: I see a lot of Bitcoiners planning to vote for RFK because he gave a much more detailed and aggressive proposal. Problem is, RFK can't win so it's a wasted vote. Like I said you would be an idiot if a bitcoiner and not vot for Trump. If he does what he says it big win |
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Posted: 7/29/2024 12:48:27 PM EST
[#39]
Quote HistoryOriginally Posted By CJ7365: How we all forget...... In July 2019, President Trump criticized Bitcoin and crypto assets. He said their value is highly volatile and are not considered as money. “I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity.” <-----Not a never trumper, just pointing out the contradictions, this was in 2019 so I guess he changed his mind. Vance is has bitcoin, he's changed . Even if just for votes it fine by me |
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OH, USA
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Posted: 7/29/2024 1:41:59 PM EST
[Last Edit: Ender875]
[#40]
It looked like the US govt just move something like 29,000 Bitcoin.
Hope Biden is doing this to spite President Trump. |
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OH, USA
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Posted: 7/29/2024 1:42:45 PM EST
[Last Edit: Ender875]
[#41]
Double tap
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USA
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Posted: 8/2/2024 11:06:50 AM EST
[#42]
New IRS rules just dropped; apparently you are now required to establish your basis cost for each individual wallet you have, and need to do it before January 1, 2025.
IRS legalese https://www.cnbc.com/2024/07/01/irs-crypto-tax-reporting-guidance.html Basis will be ‘specific to the wallet’ With limited reporting on basis, crypto investors have the chance to establish a “reasonable allocation” before Jan. 1, 2025, according to an IRS revenue procedure released Friday. Taxpayers need to assign basis for each digital currency wallet by the end of 2024, said Matt Metras, a Rochester, New York-based enrolled agent and owner of MDM Financial Services. If you bought digital currency over several years across multiple wallets, you currently have “different basis lots,” he said. Crypto tax software often uses the best basis from your combined accounts to calculate gains. But going forward, each asset’s basis must be “specific to the wallet,” Metras said. |
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Posted: 8/2/2024 12:30:24 PM EST
[Last Edit: Got_Nukes]
[#43]
Quote HistoryOriginally Posted By Sebastian_MacMaine: New IRS rules just dropped; apparently you are now required to establish your basis cost for each individual wallet you have, and need to do it before January 1, 2025. IRS legalese https://www.cnbc.com/2024/07/01/irs-crypto-tax-reporting-guidance.html Quote HistoryOriginally Posted By Sebastian_MacMaine: New IRS rules just dropped; apparently you are now required to establish your basis cost for each individual wallet you have, and need to do it before January 1, 2025. IRS legalese https://www.cnbc.com/2024/07/01/irs-crypto-tax-reporting-guidance.html Basis will be ‘specific to the wallet’ With limited reporting on basis, crypto investors have the chance to establish a “reasonable allocation” before Jan. 1, 2025, according to an IRS revenue procedure released Friday. Taxpayers need to assign basis for each digital currency wallet by the end of 2024, said Matt Metras, a Rochester, New York-based enrolled agent and owner of MDM Financial Services. If you bought digital currency over several years across multiple wallets, you currently have “different basis lots,” he said. Crypto tax software often uses the best basis from your combined accounts to calculate gains. But going forward, each asset’s basis must be “specific to the wallet,” Metras said. Ugh 🤪 Sounds like another lawsuit of agency rule making. Can someone do a lawsuit. I still have stuff from 2017 I don’t know my cost basis. I don’t know my basis for stuff I’ve bought over the last two years Time to sell a bunch of shit coins to simplify reporting |
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Posted: 8/2/2024 1:21:10 PM EST
[#44]
BULLSHIT
I hate our freakin’ .gov. |
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Posted: 8/2/2024 3:52:18 PM EST
[#45]
My btc has been consolidated into one wallet and current cost basis is $90,000 a coin.
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Posted: 8/2/2024 4:54:12 PM EST
[#46]
How does someone "report" the basis?
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Posted: 8/2/2024 5:08:00 PM EST
[#47]
Quote HistoryOriginally Posted By Mazeman: How does someone "report" the basis? Also, what is the best way to determine basis? |
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Posted: 8/3/2024 3:23:15 PM EST
[Last Edit: Naporter]
[#48]
Quote HistoryOriginally Posted By Sebastian_MacMaine: New IRS rules just dropped; apparently you are now required to establish your basis cost for each individual wallet you have, and need to do it before January 1, 2025. IRS legalese https://www.cnbc.com/2024/07/01/irs-crypto-tax-reporting-guidance.html Quote HistoryOriginally Posted By Sebastian_MacMaine: New IRS rules just dropped; apparently you are now required to establish your basis cost for each individual wallet you have, and need to do it before January 1, 2025. IRS legalese https://www.cnbc.com/2024/07/01/irs-crypto-tax-reporting-guidance.html Basis will be ‘specific to the wallet’ With limited reporting on basis, crypto investors have the chance to establish a “reasonable allocation” before Jan. 1, 2025, according to an IRS revenue procedure released Friday. Taxpayers need to assign basis for each digital currency wallet by the end of 2024, said Matt Metras, a Rochester, New York-based enrolled agent and owner of MDM Financial Services. If you bought digital currency over several years across multiple wallets, you currently have “different basis lots,” he said. Crypto tax software often uses the best basis from your combined accounts to calculate gains. But going forward, each asset’s basis must be “specific to the wallet,” Metras said. I wonder how they'd apply that to UTXOs since every one is a different address? Edit: ok, reading through it, all im seeing is a decision that is so convoluted as to be intentionally difficult to comply with. |
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Posted: 8/3/2024 4:25:12 PM EST
[#49]
Quote HistoryOriginally Posted By Naporter: I wonder how they'd apply that to UTXOs since every one is a different address? Edit: ok, reading through it, all im seeing is a decision that is so convoluted as to be intentionally difficult to comply with. "The only power any government has is the power to crack down on criminals. Well, when there aren't enough criminals one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws." ---Ayn Rand |
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Posted: 8/3/2024 7:31:21 PM EST
[#50]
Quote HistoryOriginally Posted By Naporter: I wonder how they'd apply that to UTXOs since every one is a different address? Edit: ok, reading through it, all im seeing is a decision that is so convoluted as to be intentionally difficult to comply with. I'm no expert, but as someone who has just delved into UTXO management, UTXOs don't have their own addresses. I have several addresses in my cold storage wallet that have multiple UTXOs instead. You can move BTC from an exchange to the same wallet address over time with multiple transactions. Every transaction creates a new UTXO. You want to make sure you are doing that with a decent chunk of BTC/fee that won't hinder you in the future because when you move BTC out of your wallet every additional UTXO that it has to use to cover the transaction increases your fees. Fees are cheap now, but some are saying they could greatly increase in the future especially when little BTC is left to mine then the miners have to increase fees to cover their cost to operate. An example I keep hearing is that people that buy $10 fiat of BTC immediately move it to self custody with today's cheap fees creating a new UTXO. Sometime in the future if the fees to move that same UTXO costs $10, you will lose a lot of value if you want to move a lot of BTC utilizing many UTXOs. My argument against that is that $10 worth of BTC today will not be $10 worth at that time, so the point may be moot. That being said, I am currently working on consolidating my UTXOs into more of a structured form, and making sure I have a decent amount before offloading from the exchange. YMMV |
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