Official Bitcoin Thread

[maxelite]

imo there needs to be clear cut regulations in place in order for mass institutional adoption.

Is regulation just an imaginary boogeyman at this point?

 

[pdino]

Is regulation just an imaginary boogeyman at this point?

I think we're still 2 years of legal battles away. SEC gotta figure out their guidelines before they can enforce them. They can't figure out whats a security and whats not a security in the crypto space even.

 

[C.Magneto]

Any thoughts on UK/Russia?

 

[mplsdunk]

There’s so much big money in it now I don’t see regulation killing it as much as I don’t want regulation.

All they have to do is say China banned it and they’re communist and 3/4 of the country will be all about crypto.

 

[stuntman mike]

Is regulation just an imaginary boogeyman at this point?

not with respect to stablecoins imo.

 

[cs02132]

Just got my ledger nano in, any suggestions on specific videos on how to link my MM?

 

[townbidness]

Just got my ledger nano in, any suggestions on specific videos to link my MM?

Do you have nodes or something that you cant move from metamask?

If you dont.
Its better to set up that ledger as new.
Then Set up a dummy MM account so you can connect the hardware wallet to use the MM interface.

-But if you rather just import it to the ledger

 

[mplsdunk]

As long as your seed phrase isn’t compromised and you haven’t connected to any sketch ****.

 

[ICE CITY CF]

Just got my ledger nano in, any suggestions on specific videos on how to link my MM?

The directions on the official Ledger site are all you really need.

It’s super simple and takes about a minute assuming you’ve already set up your Ledger.

Just scroll down to the last section that says Use MetaMask With Your Hardware Wallet.

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[cs02132]

Thanks y’all
Yea I’m just trying to protect my MM that’s linked to my strong with the ledger

 

[mplsdunk]

Thanks y’all
Yea I’m just trying to protect my MM that’s linked to my strong with the ledger

You have to import it then like the vid I posted.

I did it like you too and had my nodes before my ledger.

I’m gonna cop another ledger eventually and just use it as a vault for some long term holds too.

 

[townbidness]

same here. I just got my second trezor.
One has 4 nodes with metamask.

Im going to start sending all the rewards to the new trezor and start fresh again. Use that as the vault.

You never know

 

[stuntman mike]

one day i will keep my crypto safu. that is if i have any crypto left by then.

 

[ballinsam23]

Russia is just trying to tank the BTC price so they can accumualate as much as possible and buy more weapons on the dark web.

 

[mplsdunk]

it's wild to me all the recent events are scaring people off.

like none of this changes the fact that money will still be printed and lose value.

 

[Air Champa]

Good time for a Strong node if anyone's interested and looking for an entry point. Really I'd go with Atlas if I had to do it all over again though. Oh well

Think I may just compound with the way things are currently going.

 

[mplsdunk]

Yeah, I’m not tripping off strong.

If they can evolve into something sustainable even if rewards go down we’re good. Those poly nodes go ham though, good for compounding. I kind of want another but I gotta load up on eth at this price.

 

[tay1]

Atlas don't look like they'll go anywhere.

 

[pdino]

I cashed out 9500$ on coinbase (to avoid the form), didn’t get the form. Y’all playing catch me if you can with IRS? NFA and all that

 

[2 RAWW]

I have a ledger too.

I have it connected to MM, and I send my NFTS to the ledger via MM wallet.

If someone hacked my MM ETH wallet, could they also hack my Ledger? I'm honestly shook with all these people getting robbed recently.

 

[townbidness]

I have a ledger too.

I have it connected to MM, and I send my NFTS to the ledger via MM wallet.

If someone hacked my MM ETH wallet, could they also hack my Ledger? I'm honestly shook with all these people getting robbed recently.

The ledger has its own seed?
As long as you just have it “connected” not “imported” you good.

 

[DsLee]

I have a ledger too.

I have it connected to MM, and I send my NFTS to the ledger via MM wallet.

If someone hacked my MM ETH wallet, could they also hack my Ledger? I'm honestly shook with all these people getting robbed recently.

I feel like the danger lies in signing, blind signing specifically, from the Ledger. The hardwallet gives permission/signs pending contracts for all crypto/nft movement, so when folks say their Ledgers are getting hacked a lot of times it's because they're not as careful with certain websites or blind sign bootleg contracts that appear to be MM- or another site. At least that's what I think...

 

[mplsdunk]

I cashed out 9500$ on coinbase (to avoid the form), didn’t get the form. Y’all playing catch me if you can with IRS? NFA and all that

Yeah, I’ve bought more crypto than I’ve realized profits on anyways so if they ever give me problems I got that to fall back on.

 

[2 RAWW]

The ledger has its own seed?
As long as you just have it “connected” not “imported” you good.

Correct. It has its own seed. And DsLee I definitely turn blind signing off immediately following a transfer.

This makes me feel better. I swear I feel like a drug dealer holding NFTs now

 

[Air Champa]

Hope they don't come after me for that $10 worth of Amp I sold last year.

Literally all I sold and sent to my bank account in 2021 and that was just to test something out.