Australian (ASX) Stock Market Forum

Bitcoin and cryptocurrency trading thread

Isn't there a transfer fee you get slugged with?

Is it because there isn't enough in the wallet?

I usually only transfer around eth or xrp as they are fast. In xrp case I think its 15xrp that needs to be left in the wallet. Eth had fees on the transfer.

Bitcoin was slow and expensive from memory.
yeah there are transfer fees. they vary depending on the wallet. but this one wallet , software called bitcoin on android phone ... had about 18 bucks of test money in it, and i could only transfer about 2 dollars out (rest was transaction fee!). and it hides the private key from you ... very dodgy... anyway, glad i didn't put much money in there.

the first bitcoin transaction was actually much faster. it didn't actually go thru cause i had to do an email confirmation which i somehow missed . so that was why it took long
 
HI does anyone know of a tax tracker for crypto that can track and report for 2 separate accounts, ie one that tracks trades for SMSF account and one for normal trades that are outside of SMSF.
for example, I have a Swyftx for SMSF buy and hold and a normal account, I have a look at Koinly but it just bunches everything together.
 
my other software wallets seem to work, so that's good. i might however have discovered the problem . the website is producing faulty private/public key pairs ...

https://www.bitaddress.org/ (these keys work/match up. can import into electrum and other software wallets such as bitamp)

https://www.btcofficialwallet.org/bitcoin-paper-wallet/
These key pairs don't seem to match up. importing the private key into the same wallets produce different public addresses. this was the first wallet I used. terrible way to start out.
unless i've got something wrong ...
(will continue to investigate ... )
 
New to the forum.
I'm just trying to find where in Australia I can get a loan backed by my crypto?

anyone have ideas?
 
Hey Everyone, for the last few months I've been trying to find an Australian based company that allows you to borrow cash against bitcoin without selling your bitcoin. Winner!!!!! This is for anyone who has been looking around for the same
Hope this can help anyone out there
https://fifit.com.au/
 
Well defi / alt coins are now taking off,
Look at just of some defi / alt coins taking off today ( which I currently own )
With over 2 trillion in market cap, btc alone with 1 trillion market cap,
And the future of currencies and securities to be possibly moved to digital platforms ,
I really think we are still @ the infancy stage of crypto .
Pls DYOR
 

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I finally delved in and bought some crypto.
Holo, ticker is HOT.
A complete dart throw.
Equivalent of a minimum order on ASX ($500)
Using Swyftx as is Dark above.

Original plan back in December was to throw 500 into 10 cryptos ($5000 total) and see where it went.... if I had, it would be over $30k now....? (probably 50k a week or 2 ago...)
Was going to start with ETH on $600 (now 2200), TRON 2 cent (now 11 cent) etc.... Montero, VeChain, Litecoin etc.
The only one I may have missed?
Bitcoin itself!

A long term hold thing I believe.
Considering it like the casino, and only using money I can "afford" to lose...
 
I finally delved in and bought some crypto.
Holo, ticker is HOT.
A complete dart throw.
Equivalent of a minimum order on ASX ($500)
Using Swyftx as is Dark above.

Original plan back in December was to throw 500 into 10 cryptos ($5000 total) and see where it went.... if I had, it would be over $30k now....? (probably 50k a week or 2 ago...)
Was going to start with ETH on $600 (now 2200), TRON 2 cent (now 11 cent) etc.... Montero, VeChain, Litecoin etc.
The only one I may have missed?
Bitcoin itself!

A long term hold thing I believe.
Considering it like the casino, and only using money I can "afford" to lose...
I'm delving right into the nft space as the money is insane and it's only early days. We are sitting right on the cusp of everything changing.
I honestly believe we have multiple events going on that will result in a massive generational change. Only thing stopping it will be governments holding on for dear life.

There has never been an easier time to become a millionaire then right now. But you need to be keeping on top of the tech space.

I'm bailing out of the forum while I go down the rabbit hole I found. Some really exciting opportunities.
 
I'm delving right into the nft space as the money is insane and it's only early days. We are sitting right on the cusp of everything changing.
I honestly believe we have multiple events going on that will result in a massive generational change. Only thing stopping it will be governments holding on for dear life.

There has never been an easier time to become a millionaire then right now. But you need to be keeping on top of the tech space.

I'm bailing out of the forum while I go down the rabbit hole I found. Some really exciting opportunities.
What happens if your down the rabbit hole when someone shoves a hungry ferret down it..?
Willing to share any broad details on your millionaire making ventures?

Was also wondering on current thoughts on what cryptos are likely to do well moving forward.
Perhaps ETH due to its association with NFT's.?
 
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