Bits.ca – Bitcoin and Crypto Currency News and Resources

  • Updated tax form
    by /u/_o__0_ on December 9, 2019 at 2:23 am

    submitted by /u/_o__0_ [link] [comments […]

  • ETH vs XRP vs TOP Alt Coins History Chart (NO BTC)
    by /u/TimeProfessional on December 9, 2019 at 1:55 am

    submitted by /u/TimeProfessional [link] [comments […]

  • Hoping some of you can help me with a Forex prank
    by /u/DlRTYDAN on December 9, 2019 at 1:42 am

    I’ll preface this post with saying that I don’t know much about cryptocurrency. Also I apologize if this is against community rules but I didn’t see anything to dissuade me from posting. Background: My good friend has been deep into cryptocurrency and blockchain investing and has been working with companies in the industry for a couple years now. I’ve been seeing a lot of ridiculous instagram posts about “Forex” trading and obviously it appears to be a pyramid scheme type scam. I would also appreciate more information about that. My friend tried getting me to invest in cryptocurrency and I never did. He had only the best intentions when he did and it was completely legitimate. He invested in bitcoin and ethereum and worked with investors who used those types of currencies for capital projects. Even when the prices tanked he was still doing really well and I’m really proud of the risks he’s taken and the work he’s done. He’s recently accepted a job in the industry and he’s doing really well for himself. If I had listened to him and invested at the time I would have lost a decent about of money shortly after. So obviously I want to fuck with him about it. I also recently started a new job, in a very different industry with bonus incentives and I want to make him believe that I went full in on a forex scam and that I’m also trying to recruit my friends. I have a couple friends that will join in on the prank with me. So I was hoping some of you could tell me about the basics of the forex trading scheme. Also some info I could present to him about the investment opportunities and market trends. submitted by /u/DlRTYDAN [link] [comments […]

  • Daily Discussion - December 9, 2019 (GMT+0)
    by /u/AutoModerator on December 9, 2019 at 12:12 am

    Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating. Disclaimer: Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here. Rules: All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect. Discussion topics must be related to cryptocurrency. Comments will be sorted by newest first. To see prior Skeptics Discussions, click here. submitted by /u/AutoModerator [link] [comments […]

  • Project Alvarium of Linux Foundation building the concept of a Data Confidence Fabric (DCF) to facilitate measurable trust and confidence in data and applications from multiple sources. The project will be seeded by code from Dell Technologies with IBM, IOTA, and others.
    by /u/pale_blue_dots on December 8, 2019 at 11:00 pm

    submitted by /u/pale_blue_dots [link] [comments […]

  • Are there any smartphone wallets which don't sync with servers and everything is stored on your phone?
    by /u/FinalFooty on December 8, 2019 at 10:42 pm

    Hi, I've read that Coinomi is not that safe and that stuff is synced with their servers, so my coins could be stolen if they get hacked. Is this true? If so, what kind of wallet do you recommend for iOS and Android? I don't want to buy a hardware wallet tbh, bought a Ledger Nano S back in the day and lost it after 4 weeks lol Thanks in advance submitted by /u/FinalFooty [link] [comments […]

  • What is Coinjer trying to accomplish?
    by /u/ShockTohp on December 8, 2019 at 9:49 pm

    I understand that it is a scam, but what exactly is the plan? Are they trying to get people to transfer into those online wallets to make bitcoin themselves or what? And if so, are those wallets real, which seems sort of dangerous for them. Just looking for other people's thoughts. submitted by /u/ShockTohp [link] [comments […]

  • Bitcoin Is Not A Get Rich Quick Scheme, Its Purpose Is Much Greater
    by /u/sylsau on December 8, 2019 at 9:27 pm

    submitted by /u/sylsau [link] [comments […]

  • HSBC Moves $20 Billion From Paper To Blockchain In One Of The Biggest Financial Deployments
    by /u/Svoboda1 on December 8, 2019 at 7:48 pm

    submitted by /u/Svoboda1 [link] [comments […]

  • Best Way to Consistently Transfer Bitcoin
    by /u/Gokussj5okazu on December 8, 2019 at 6:13 pm

    Let's say hypothetically that I have a method of gaining an average ROI of 2% per day in Bitcoin. The catch being, the ideal exchanges are those that do not allow US customers, therefor limiting me to non-KYC solutions with limits such as a 2BTC per day withdrawal. My method will reach a ROI of ~2BTC per day in approximately 3 months, so I need a plan to be able to consistently remove 2BTC per day to another account that I can cash out into USD. Automating transfers to Coinbase is one option. But their constant holding of funds and general attitude is infuriating at best. Are there any other good fiat-crypto exchanges that don't drown you in bullshit just trying to get your money out? Any other suggestions for this plan are welcome as well. I know OTC is a better option, but this is going to be a long term situation and I would prefer to make frequent small deposits versus large ones. submitted by /u/Gokussj5okazu [link] [comments […]