Tuesday, November 9, 2021

Crypto Guide for Canadians

I just thought I'd put this quick guide / information together, it certainly would have made my life easier when I was starting out and hopefully a fellow canuck can benefit. As Canadians we're lucky that there aren't too many restrictions on what we can do, and Interac e-transfer works really well for funding the various platforms.

Shakepay

This first one's probably quite well known already, super simple interface, good to get your feet wet. There are 'no fees' but there is a spread when buying/selling (for example sell at $76,536, buy at $78,261). Good for smaller amounts. Only BTC & ETH. Free transfers are nice.

If you sign up with a referral, shaking your phone every day while in the app gets you free satoshis, which caps at 1,000 sats ($0.78 per day!) after 200 consecutive shaking days. Sounds really corny but it works.

NDAX

Smaller spread, but there are fees to transfer out. Good for bigger amounts. More coins available.

Newton

Haven't used this one, but heard good things about it.

coinmiles.io

This one's not as well known it seems, allows you to earn cashback in BTC on your online purchases. They have a surprising list of retailers. Just 'activate' in the app/website and shop away (make sure your ad-blocker is turned off). My go-to's are Canadian Tire (2% - just got $10 in BTC for buying new tires!), Home Depot (1%), etc.

crypto.com (CDC)

There's a lot to unpack here. They have the "Earn" program which pays interest weekly on your crypto, the rates vary depending on the coin & if it's locked.

It's the only app I know where you can buy TCAD (stablecoin = $1 CAD), and for no fees to boot - your $50 CAD turns into $50 TCAD. Why would you want to do that? Well you can throw it in "Earn" and get 10% interest on it.

They have a very good "credit card", the benefits depend on the amount of CRO token bought & staked. In my opinion the best value one is the "Jade Green/Indigo", which requires an 'investment' of $5,000 of their CRO coin staked (locked) for 180 days. Benefits for that card include reimbursement of Netflix & Spotify monthly fees in CRO, 3% cashback in CRO for most purchases (there are some exclusions), 10% interest on the CRO staked paid weekly, airport lounge access, and it increases your rate in "Earn". Interest on TCAD increases to 12% for example.

The card is a prepaid which might be a turn-off for some. I load mine using fiat (CAD) to keep my taxes simple.

Of course you can use their app to buy/sell crypto, or use the CDC exchange app for lower fees. They also have a DeFi app, haven't used that one.

Taxes

Of course. The CRA has a guide, and I've linked 2 other reddit threads.

https://www.canada.ca/en/revenue-agency/programs/about-canada-revenue-agency-cra/compliance/digital-currency/cryptocurrency-guide.html

https://np.reddit.com/r/BitcoinCA/comments/jwmn6h/taxation_2020_incoming_bull_market/

https://np.reddit.com/r/BitcoinCA/comments/nfn8a3/2021_bull_run_tax_update/

Keep track of all your transactions. Selling crypto, exchanging between coins, gifting crypto or spending crypto triggers a taxable event. The last 2 are annoying, but heh. adjustedcostbase.ca can be used for manual calculations.

Things like liquidity pools, decentralized exchanges, DeFi, etc. will greatly complicate your taxes.

ETF's / Stocks

A number of crypto ETF's can be bought on the Toronto Stock Exchange (TSX) they deal mostly (only?) in BTC/ETH, and some of these hold actual BTC/ETH unlike in the US. For example QTBC/QBTC.U owns about 12,800 BTC. Of course, "not your keys, not your coins" and there's a ~2% management fee. Why use ETF's then? Well, simply because they allow crypto to be held in a tax-sheltered account (RRSP, TFSA, RESP).

List of ETF's: https://money.tmx.com/en/stock-list/CRYPTO_FUNDS_LIST

The other alternative is stock in mining companies like HUT, BITF, VOYG.

Mining

Power can be relatively expensive in some parts of Canada, but it may still be worthwhile to put your gaming PC to use. I've been making about $3-4 per day with my gaming laptop (GTX 3060 laptop GPU), the card uses only 75 W so the impact on my power bill is negligible. Remains to be seen how ETH 2.0 will impact mining. I use Nice Hash.

Profitability calculator: https://whattomine.com/gpus

Closing Words

As always, crypto is highly volatile. Don't invest money you can't afford to lose. Watch out for scams.


COIN shares fall nearly 12% after hours as Coinbase Q3 earnings fall well short of expectations; Austria plans 27.5% capital gains tax on cryptocurrencies; Robinhood crypto wallet expected to launch by end of Q1 2022

【Coinbase's Q3 earnings came in well below expectations, and COIN shares fell nearly 12 percent after hours】 Cryptocurrency exchange Coinbase reported Q3 earnings on Tuesday, showing net revenue (net revenue) of $1.235 billion for the third quarter, compared with analysts' general estimates of $1.61 billion, and trading revenue of $1.1 billion ...

[Coinbase’s third-quarter financial report was far below expectations, and COIN’s stock price fell nearly 12% after the market.]

The Q3 financial report released by the cryptocurrency exchange Coinbase on Tuesday showed that net revenue in the third quarter was US$1.235 billion, while analysts generally estimated that it was US$1.61 billion and transaction revenue was US$1.1 billion, which was lower than the estimated net revenue in the second quarter. 1.9 billion U.S. dollars; the third quarter transaction volume was 327 billion U.S. dollars, and the second quarter was 462 billion U.S. dollars; the adjusted earnings per share in the third quarter was less than 1.62 U.S. dollars, and the market expected 1.81 U.S. dollars. The company stated: “Although the cryptocurrency market conditions were weak when we entered the third quarter, driven by low volatility and falling prices of crypto assets, market conditions improved significantly later in the quarter and continued until the beginning of the fourth quarter.” . After the financial report data was released, Coinbase's stock price fell nearly 12% to US$315 in after-hours trading on Tuesday.

[Austria plans to impose a 27.5% capital gains tax on cryptocurrencies]

According to Bloomberg News, as part of the extensive tax reform, the Austrian Federal Ministry of Finance plans to levy a 27.5% capital gains tax on digital tokens such as Bitcoin and Ethereum from March 2022. Austria stated that its tax framework will be the first of its kind in the EU, and may improve fairness among investors by simplifying the conditions between different types of assets. The Ministry of Finance stated: “We are moving towards equal treatment. Take a step forward to reduce distrust and prejudice against new technologies." According to the proposed rules, shares purchased before the tax takes effect will not be affected by the tax. The new tax law only applies to the sale of tokens and imposes a speculative investment tax (that is, investments held for less than one year). A trader who sells a digital token to purchase another digital token will not be liable for taxation, and investors can obtain tax compensation calculated for potential losses at the time of sale.

[Robinhood Crypto Wallet Expected to Launch by End of First Quarter of 2022, Waiting List Exceeds 1.6 Million]

Robinhood Markets now has 1.6 million people on the waiting list for its cryptocurrency wallet, up from 1 million a few weeks ago, Robinhood Crypto Chief Operating Officer Christine Brown said on Tuesday, according to Reuters. Brown also told a conference at Yahoo Finance that its crypto wallet will allow users to transfer backed digital currencies to and from their brokerage accounts, and is expected to launch by the end of the first quarter of 2022.

Grayscale CEO: Whether U.S. Regulators Approve Bitcoin Spot ETFs Has Become a Political Issue

At the "Crypto Goes Mainstream" event hosted by crypto media outlet Decrypt and Yahoo Finance, Michael Sonnenshein, CEO of digital asset manager Grayscale, said that the debate over whether U.S. regulators will approve a bitcoin Sonnenshein noted that the U.S. SEC is really just worried about the potential The cryptocurrency industry is proving that "if you're comfortable with derivatives [...] and these futures contracts are priced from the spot," Sonnenshein said. and those futures contracts are priced from the spot market itself, then you're essentially saying you're happy with the spot market as well." Moreover, while the SEC has repeatedly emphasized bitcoin's volatility in its warnings to investors, Sonnenshein believes that today's investors are well aware that cryptocurrencies and their investments are inherently associated with volatility, and that volatility has been an inherent property of the asset class from the beginning

Circle Launches Venture Fund to Support Early-Stage Blockchain Projects and Companies]

Circle, a major operator of stablecoin USD Coin (USDC) and fundraising platform SeedInvest, announced the launch of a venture fund, "Circle Ventures," which aims to support early-stage blockchain projects and companies. A Circle spokesperson noted that one of the first targets for investment is JPY Coin (JPYC), which is developing a prepaid stablecoin denominated in Japanese yen.

[New York's new mayor Eric Adams supports NYCcoin initiative].

New York City's next mayor, Eric Adams, expressed his support for NYCcoin, the New York City cryptocurrency launched by CityCoin, in a tweet, saying, "We're excited to welcome you to the global home of Web 3! Adams won the Nov. 2 election and is expected to take office Jan. 1. CityCoins explained that once the contract is deployed, NYCoin mining will begin once 20 separate wallets send out activation signals. All CityCoin will have only mining activations, no ICOs, no pre-sales, and no pre-mining. NYCCoin's mining activation is expected to occur on Nov. 10 at 11 a.m. ET. CityCoin says NYCcoin can be mined by anyone and will allow users to earn cryptocurrency through the Stacks protocol. The goal is to support New York City and donate 30 percent of the mined funds to a crypto wallet reserved for the city or the mayor's fund.


Metaverse: next crypto trend?

Could metaverses, upcoming virtual projects, become the next crypto trend?

First of all, I know it's annoying but I have to say this is not a financial advice in any kind of way, DYOR.

Recently, Mark Zuckerberg announced the change of name from Facebook to Meta due to the implementation of the metaverse by Facebook, which will have multiple uses related to video games, NFTs and above all, rumors that it could collaborate with some project already existing, which has triggered speculation in the crypto market

What is the metaverse?

It's a virtual world that uses the latest technologies so that we can immerse ourselves in a unique experience in which we move to a world where we can interact with other users and all the elements that compose it.

The continuous technological improvements that are being implemented will make our physical movements and expressions be recreated in the metaverse (similar to virtual reality)

Potential

It offers a large number of possibilities that could mean a change in the current economy, taking a great step towards the digitization of the real world, since online stores, social media, education or concerts (as in Fortnite) could be created in the metaverse

Now, what does it have to do with crypto?

Well, there is no network as secure, scalable and decentralized as the blockchain and, as many metaverses need a payment method for their own economy, cryptocurrencies and NFTs could be put to great use, making the ecosystem bigger and increasing adoption

My favourite projects

Bloktopia (BLOK)

•One of the latest projects launched, it has had great growth. It is based on a decentralized metaverse and is supported, among others, by Kucoin, DuckDAO and Polygon.

•It provides a virtual reality experience offering an attractive and immersive world. This is located in a 21-story skyscraper, in reference to the total supply of Bitcoin. Places and works of art can be created relatively easily.

•We can earn rewards through the different sources of income offered by the platform, such as income through advertising in the metaverse, purchases and sales of real estate or the burning of tokens.

•The token (BLOK) is used to buy or sell NFTs or real estate in the metaverse, staking, access to exclusive events and a governance system.

Decentraland (MANA)

•Surely the best known, it is the first metaverse owned by its users. It gives us the possibility to create and explore a virtual world with many possibilities, where we can create our own avatar and interact with other users, participating in different games and marketing the different elements of the game in NFTs format.

•This world is divided into LANDs, NFTs divided into small parcels, in such a way that each parcel has certain coordinates that allow Decentraland users to buy parcels and create the activities or elements they want.

•It is an evolving world in which we can explore the lands of each user, fully customizable. Thanks to the "builder" tool we can create scenes, environments, works of art, social applications and games (these are difficult to do).

•In its marketplace we can exchange, sell or buy all the objects or elements of the game, from lands to character accessories with the MANA token

If you want to know more about this projects, check their websites:

-https://www.bloktopia.com/

-https://decentraland.org/

This is not any kind of advertising or shilling. I just wanted to share this with you and know your opinions

Excuse me if I have a repetitive and too formal vocabulary, I'm not a native speaker :b

Thanks for reading!


Daily Crypto Update and Trader Digest 11.8 (News, insight, trade set-ups and more!)

Disclaimer: I am not a financial advisor. Anything said in this report is strictly opinion and should not be used as advice. All actions are at your own risk.

Crypto Market Update and trading digest 11.9

Insight

Don’t get lulled to sleep

It’s a quiet day in the cryptoverse with many major protocols staying still. The market is a little frothy from the fear and greed index at extreme greed. BTC stochastic is in the overbought zone. The healthy route here would be from BTC to revisit the 63,500K support before climbing up higher. Fast climbs are typically less resistant to large sell-offs. But I’ll remind you that Bitcoin is in price discovery mode and can at any time start climbing quickly again.

Today is a good time to keep an eye on things. Don’t overtrade and wait for good entries. Opportunities into Layer-1s could present themselves in the coming days. Yesterday I showed a flow of money into crypto, the ultimate goal is to stay a step ahead of the crowd.

Major News

· Apple CEO Tim Cook states he personally has crypto in his portfolio, but Apple has no plans to join other companies in adding crypto to the balance sheet.

· Ethereum Name Service token soars after a 500-million-dollar airdrop to users. On an interesting note, A wallet marked as Alameda has bought over 10K ENS tokens on Uniswap, valued at more than 500K. Could this be Alameda investing in ENS? Alameda is one of the top venture capitalist crypto investment firms. Domain names in crypto have been quiet and this could be a catalyst to bring attention to the space. You can purchase domain names for crypto at Unstoppable Domains and ENS.

· Discord to integrate Ethereum into its platform. This would follow Twitter integrating bitcoin wallets and NFTs, and Reddit to change Karma points into an ERC token. Discord has over 150 million users.

· SPAIN: Banco Santander is planning to release a Bitcoin ETF despite reluctance from the Spanish banking fraternity.

Market Update

· Bitcoin is down 1.50%. The market is a little overbought as stated by Stochastic and RSI. Traders are pausing to take some profits after a strong move upwards. A visit to the 63,500K support would be healthy for BTC.

· TOTAL is down .5% and TOTAL 3 is up .70%. Meaning some money flow is moving from BTC into Alts. This is a normal occurrence during pauses and small retracements in BTC. It means people are explorer the crypto space and buying some alts.

· Cardano (ADA) is beginning what could be a strong climb up. As was stated yesterday, the downtrend has been broken at the same time as the first DEX release, SundaySwap. If you were patient with ADA in the past weeks, now is when you start to reap the rewards.

· All other Major Smart Contract Platforms are slightly down today. It’s a good time to start keeping an eye on these to find good entries in what has been weeks of climbing. Look for strong bounces off upward trendlines. (ETH, AVAX, SOL, LUNA, BNB)

· Livepeer (LPT) a decentralized video streaming service is up 103% today and 203% for the week. The only news I could find is an NFT sale which Livepeer hosted with Glass Protocol.

Bitcoin Fear and Greed index 84 Extreme Greed

Bitcoin google trends 28

Bitcoin dominance 43.73%

Notable Events

· Polkacity (POLC) doing an AMA with most popular crypto-related Youtube tomorrow. Today it has been releasing NFTs for its Metaverse. I see a lot of shady advertising tactics going on with POLC. I personally would not hold this long term.

· Secret Network (SCRT) has a major “Supernova” mainnet upgrade tomorrow. On many occasions, buying pressures on protocols increase after major upgrades.

· Stacks (STX) Arties NFT Launch and NYCCoin go live tomorrow.

· Audious (AUDIO) to be listed on Kucoin tomorrow. AUDIO is something like a decentralized Spotify, to keep it simple. Keep this one on your radar, there has been a lot of news lately of music artist beginning to find more effective avenues to sell their content.

· Rumors are surfacing of Metamask to release an airdrop. If you haven’t used Metamask now is a great time to download it and try making some small purchases on Solana or BSC. Airdrops typically aren’t large but every once in awhile a platform is very generous to its users. (Uniswap 400 UNI tokens in 2020)

Trade Set ups

MANA

Dencentraland (MANA) is an active metaverse and currently has the largest marketcap in the metaverse sector. MANA has greatly benefited from Facebook’s major metaverse announcement last week. This sector has been hot but entries were hard to find and most had to sit and watch from the sidelines. Mana may be setting up for another move.

MANA has formed what looks to be a bull flag. Prices are consolidating in what can be a strong set-up. If the top downtrend line is broken with a strong green candle, backed by lots of volume, expect MANA to break new highs and enter price discovery.

https://preview.redd.it/wycqh0wu9ny71.png?width=624&format=png&auto=webp&s=1079e4cc1fdf011f870ae4b8a52dab4beab466e0

Never forget to put stop losses on your trades. Risk management is the number one consideration in any trade.

NOOB Lesson of the day

Yesterday I had a long conversation of what constitutes a good entry into crypto. This is a very challenging question because it’s not a black and white answer. Entries are very dependent on the strategy you are utilizing. A day trader could be entering and exiting many times in one day and a long-term investor might only enter and exit positions a couple positions a year. Both can be effective strategies if used correctly.

If you are new in the space, I always recommend buying and holding for the long term in Bitcoin and strong layer one projects. As you become more comfortable with-in the space you can start exploring different avenues. A great strategy to begin with is Dollar Cost Averaging. It’s a very easy and effective strategy and you will most likely outperform a majority of people that are actively trading. You can find tons of info on DCAing if you google it or search it on Youtube.

Below I am going to present a watchlist of cryptocurrencies that are beginner friendly and, in my opinion, great long-term holds. Buying Ethereum has outperformed a large majority of cryptos. You can always see how a crypto has performed versus ETH using tradingview and entering them as a pair. DOTETH (polkadot\ethereum). Below is the list in no particular order.

Beginner Friendly Crypto List

  1. BTC

  2. ETH

  3. ADA

  4. BNB

  5. SOL

  6. DOT

  7. LUNA

  8. AVAX

  9. LINK

Thank you for all the continued support. Things are slowly growing, and I appreciate all the great comments and discussions. If you have any questions or input, feel free to message me on Twitter
@ TraderGabi.

Alright Fam, have a great day/night.

- Gabi


Events

If you know of interesting events, comment below and I can add them to this running list.


What hypothetical or future event are you prepared to cash in on with a specific trade when it occurs?

Investing in ecommerce (like AMZN & W) was a great move at the start of the pandemic. Investing in home improvement stores (like HD & LOW) can be great during hurricanes. From bitcoin to Brexit, to climate change and covid, there are periodical shifts & occurrences that offer unique opportunities for significant returns due to some a paradigm shift or supply/demand change. "The future belongs to those who prepare for it today," so, what change are you planning on capitalizing on in the future?

Whether you're waiting on when some thing will happen or if some thing will happen, what is a trade that you are prepared or plan to make come some big hypothetical future event or shift?


Crypto Market Volatility Guide

Here is a quick guide to handle the volatility of the crypto market:

1. If you understand Bitcoin, you understand the crypto market.

The crypto market is highly correlated to the movement of Bitcoin. Usually, if the Bitcoin price increases, the market cap of the total crypto market increases as well. Therefore, it makes sense to focus on the movement of Bitcoin to understand other investment cycles as well.

2. Short term volatility is almost unpredictable

The crypto market historically experienced large volatility in the crypto market in the short term. For example, in the first two weeks of March 2020 Bitcoin lost 40% of its value. The price is also incredibly sensitive to temporary news, tweets, etc. which makes short term price predictions very difficult and high risk.

3. 'Hodl' and use DCA to avoid volatility

Many investors completely avoid any concerns about volatility and just invest into an asset in the long term. This is called hodling. When these investors buy an asset, they also use a strategy called Dollar Cost Averaging (DCA). It means that you invest a predefined amount in regular intervals over a certain period of time. For example, if you want to invest 1000 USD into Bitcoin, you would invest 100 USD every week over 10 weeks. Any volatility within these 10 weeks will be averaged out.

4. Understand crypto market cycles to profit from volatility

Historically, the crypto market has experienced full cycles approx. every 4 years (triggered through the Bitcoin halving event when Bitcoin halves its supply every 4 years). Roughly, these cycles can be broken down into three phases: a large spike up, a subsequent downtrend, and a final correction to a new equilibrium. The most accurate and most widely adopted model to predict the cycles and corresponding Bitcoin price levels is the stock-to-flow (S2F) model from Plan B. Plan B developed two models, one time series model and one based on the market caps of other assets (called the cross asset model). The S2F model has been an excellent measurement in the past to determine whether Bitcoin and thus the entire crypto market is over or under valued. However, the time horizon of S2F is very large. Thus, it cannot be applied for a time period of just a few months but rather 12-24 months. The model is based on the assumption that the supply of Bitcoins can always be determined. However, as more diverse products are introduced in the market, such as leveraged trading products, ETFs, the supply of Bitcoins becomes increasingly unpredictable. This is because the companies that are offering these products are paid in Bitcoin and often have a high selling pressure owing to shareholder interests. Also, miners who create new Bitcoins are mostly hodling the Bitcoins that they create which decreases the supply of Bitcoin. To conclude, on a multi year perspective S2F is likely to be still a valid indicator of whether the market is over or undervalued.

5. Optimise your investment with on chain data analysis

To model Bitcoin's price in the mid term, on-chain data can be used to optimise investments within a time period of a few weeks to a couple of months. There are several companies such as Glassnode that make such data publicly available (of course everybody can also run a full Bitcoin node and gather the data themselves). The metrics gained from the Bitcoin blockchain can be used to further analyse whether Bitcoin's price is more likely to go up or down. Glassnode also offers a free academy to learn about interpreting these metrics. In addition to this, many crypto analysts openly share their insights on Twitter, podcasts, and other channels. One of the two best analysts in the Bitcoin space are Will Clemente and Willy Woo.


Why Bitcoin Price Continues to Increase Exponentially - Analysis

With a market value of over a trillion dollars, Bitcoin became a global brand within a decade, making it a difficult concept to understand. Socio-technological events such as Bitcoin rarely occur and it is not just about the price but rather about the technology, the unique social concept of the decentralized body behind it, and the speed of its spread: The value of Bitcoin continues to increase exponentially


The Reasons Of Bitcoin's Exponential Boost - Analysis

With a market value of over a trillion dollars, Bitcoin became a global brand within a decade, making it a difficult concept to understand. Socio-technological events such as Bitcoin rarely occur and it is not just about the price but rather about the technology, the unique social concept of the decentralized body behind it, and the speed of its spread: The value of Bitcoin continues to increase exponentially


Digibyte (DGB): Accessing The Ecosystem Via Nodes and Block Explorers

https://preview.redd.it/c4yi0652ely71.png?width=2400&format=png&auto=webp&s=afcab9d8cf17b82fc7b4c3207b471221c074fdb5

The launch of the Bitcoin blockchain opened a new phase in finance. Blockchain technology has rapidly gotten the attention of the people, governments, and even the United Nations. A Blockchain is a decentralized public ledger for the record of immutable transactions. It is immutable because of the mechanism of nodes and flow of blocks on a chain such that an alteration of one block will affect another. 

As a result of this technology, blockchain has been tipped to solve world problems linked with financial transparency and proper record-keeping in many areas. Digibyte is a blockchain like Bitcoin and Ethereum, which has several functionalities. 

Digibyte DGB Overview 

Digibyte is a decentralized open blockchain founded in January 2014. The chain is popular for its asset creation ability, dApp functionalities, security, and speed. Digibyte is an upgrade to the mechanisms of the Bitcoin blockchain. 

📷

Digibyte was founded by Jared Tate, popularly known as DigiMan. As the head of the project, Tate put up a team of experienced professionals and created several mechanisms to succeed.

Tate founded the Digibyte foundation to oversee and shape the project as it is decentralized. As an open blockchain, Digibyte progress is largely due to inputs from developers and contributors outside the initial team. Later on, the Digibyte Awareness Group was formed to oversee the project's marketing to the public. 

The creation of Digibyte is unique because there was no Initial Coin Offering or Token Generation Event. The whole process was created through the mining of Digibyte from January 2014. There will be only 21 billion coins, and the last one will be mined in 2035.

Digibyte DGB Ecosystem

Digibyte is the fastest growing open  UXTO blockchain in existence. Launched 7 years ago, Digibyte is a tightly secure, fast, and decentralized blockchain. The mechanisms behind the project are far above its competition. Digibyte is a blockchain, a fast and seamless digital asset, and a blockchain that supports smart contracts. 

📷

Digibyte prides itself in being an open, decentralized blockchain. The platform brings users and node operators in an incentivized manner to boost the project. Social media and forums are utilized to get an increasing adoption around the coin. 

Though almost all blockchains claim to be decentralized, Digibyte takes it to a new level as it was launched without an ICO or token event, giving power strictly to miners from January 2014 till date. There is also no CEO of the company, making it a fully community-driven project. 

Digibyte is a proof-of-work blockchain that allows the network to operate in sync. Its Proof-of-work algorithm is a little different from Bitcoin. While the bitcoin algorithm needs heavy hardware to run its nodes, the Digibyte ecosystem can be run on average consumer hardware making it more vast and accessible to users. This also increases decentralization, improves network security in verifying transactions and the addition of new blocks. 

📷

Digibyte takes its proof-of-work mining further by supporting five mining algorithms; Sha256, Skein, Qubit, Scrypt, and Odocrypt. The purpose of this is to make mining more efficient and reduce hash rate fluctuations. Odocrypt changes every ten days for ASIC resistance. Mining rewards are distributed equally among each algorithm chosen. 20% rewards are distributed to the miners in pools. 

The speed of the Digibyte blockchain has caught the attention of many as blocks occur every 15 seconds making it 40 times faster than Bitcoin and many other blockchains. Due to its Segwit implementation, it records up to 1066 on-chain transactions per second. Due to the scalability, fees are incredibly low. Digibyte has currently produced over 11 million blocks with over 300,000 nodes. 

Over the years, Digibyte has adopted several innovations that shaped the entire ecosystem. DigiShield was activated to improve difficulty against the adjustments of hashrates. On September 1, 2014, MultiAlgo, which brought about the 5 algorithms, was implemented. 

📷

On December 10, 2014, Multi shield was implemented to extend DigiShield to all five mining algorithms. DigiSpeed was implemented, reducing the block time to 15 seconds on December 4, 2015. SegWit on the blockchain was also launched before Bitcoin and Litecoin. 

DigiID and DigiAssets were also launched along the line to allow the decentralization of assets. Finally, Dandelion++ and Odocrypt have also been implemented on the blockchain. 

The Digibyte blockchain is divided into three layers. The top layer is DigiAssets which functions like an app store. This layer makes the blockchain smart contract compatible. The DeFi boom has been embraced by the Digibyte blockchain with the possibility of an enormous range of decentralized applications built on its ecosystem. All kinds of digital assets can be created on the blockchain. 

📷

The middle layer provides administration and security. It represents information held in larger units as data cannot be changed or duplicated on the blockchain. Its consensus mechanism makes it near impossible for the blockchain to be hacked. 

The third layer of the blockchain is the communication network. It consists of a vast range of communication devices as low as mobile phones used in the mining process. A server or device connected to the network makes up this layer. 

How To Access Digibyte Ecosystem Via Nodes and Block Explorers?

Block explorers are solutions for tracking all the activities of the blockchain ranging from block times, number of blocks, hashrate, wallets, transactions on the chain, etc. Supporting DigiByte full nodes for over two years, NOWNodes, is one of the most reliable places to get node API key.

The avant-garde technology of NOWNodes ensures users get the full transaction speed of DigiByte, which is the fastest UTXO blockchain in the world today. The Digibyte ecosystem can also be accessed via NOWNodes DigiByte block explorer. With NowNodes, you can get a crypto API key.

Conclusion

The Digibyte ecosystem is very vast, with a lot of utilities from the blockchain to the assets on its platform. Being fully decentralized, the blockchain is well-positioned for the future as every user has a stake in the future of the network.


This person has some issues

Came across this user after they posted a wall of text to why they were fired. Decided to look in their profile and came access these two gems.

People have taken all this too far in darkweb plays for attacking homes of of innocent people. Smart thinking, on youtube comment that putin is directing biden in OSHA demands for companies vaccines status enforcements by 1/4/22. Putin has told them in US Whitehousee he will take over if they dont manage properly, and noone in America will like it. I'm in a phishing scam by the whitehouse and these men fight and bicker constantly. The threats and accusations go on endlessly. I never thought what Putin might be forcing in this management demand. Thanks for clarifying. Putin once had me go and report his seat number at a whitehouse state event 2020 to Santa Clara Police account on the SmallDoll4 Twitter account of mine to prove this phishing scam is real and by gov doing horrendous evil against me a single mother of 3 for decades we've suffered by them. Jack removed my entire Twitter body of evidence victim witness statement proof of life in July 2021 in this nightmare evil upon my family. Jack and elon musk are huge in bitcoin funding/owning for sextrade and darkweb evils like phishingscams against US homeowners for buying darkweb fraud home titles and having home violence invasion wars on us to steal our high equity homes for their personal gains. As well these evil wealthy liars are faking diseases with 5G of cancer, fibromialgia, cystic fibrosis, thyroid disease, adhd, ptsd, dyslexia. Sickening to listen to this old croney lying to all for money harms by that greedy bastard! God will see him shamed. WITH BIDEN my book for funding publishing I offer, has infinite details of the 5G MICROWAVE CURRENT disorder of government and rich seeking to harm others with tortures of sound and diode/chip induced pain on pets, animals, mammals, humans, and anything to say can respond to Musk Sentient robotic technology and MIT brain exploration technologies force harmed into the World poulation by US Studies against humanity free thinking and safety welfare standards of life. Knocking in the towns reported for years in US is in the peoples heads with the gov military mics for sounds and listening for over 40 years now, and the whales, sea lions, seals, dolphins beached and blown up are the SpaceX microwave 5G Laser Technology like fire setting and explosions to Italy town as research using these evil MIT and elon Musk Sentient technologies on people. Stop the injections of vaccines to stop the spead of traveling teeny microchips in the body. Your eyes on the Havana Syndrome youtube connection to 5G harms to people by US I can see Mr. Secretary of State look injected underneath and appear possibly as the facial physical harms done to say research what brain feels when we are harmed like many of the harms police firemen and city workers are paid to do to others for fund raising insurance fraud payments each year end to federal gov, cities, and states supporting this group of COVID1-19 hazes since 1970 at least. COVID 1 was AIDS GOV & FBI killed many famous people like Freddie Mercury & George Michael who LA Police also fraudulently hazed in these evils for money and Sentient US GOV Military overtake Mr. Michael. COVID 2 IS HERPES FAKED ON MANY PEOPLE TO STOP SEXLIFE, RUIN FAMILY, FUND GOV FOR FRAUDULENT RESEARCH & DESTROY HOPE IN LIFE. Setting up task force, triage, medical studies, and reporting agencies done for years by you? Is one huge funnel of money out of needed funds to run a real American Government, not being run by anyone, and a payment for the rich fools in gov and military and police and fbi(fbi HUGE IN CUBA & OVERTAKING EVERYONE THERE IS EASILY ASSESSED)purposely caused against millions of people and this announcements is a creature features feel WAR OF THE WORLD SYNDROME IN & OF ITSELF. When I woke up this morning, in almost 2years gov whitehouse run phishingscam by evil thug trump & biden, to the 5G deficit on a body from microwave current harms that create COVID 19 fake Symptoms of phlegm, coughing, heavy mucus, nose bleeding, unbelievable face pain, etc. it was said that gov and biden dont want to turn this off on anyone to keep scaring people to think sick & buy expensive US VACCINES & due to money funnels to gov rich and presiding whitehouse employees for using 5G 364ghz microwave current as often as they can for research funding scams on the American Systems. 3G is 12ghz microwave current,, 4G is 34ghz microwave current, guess what was needed for COVI19 PUBLIC BREAKOUT FRAUD? 364ghz microwave currents!!!@#% So studies wont buy it, money wont buy it, love cant buy it, how you gonna stop US rich and gov experimenting on humans and decisive plans for humanity overtake of literally insane project plans COVID plagues on Countries by US, its developed so far now? Phishingscams involving many many gov personnel talk and knock torturers are an American gov & rich pastime at this late point in the human experiments and cash regulating funnels into private hands for personal wealth enrichment I cant write my whole book here, but I've put my witness statement proof of life onto Twitter as SmallDoll4(w/pictures) for over a year and gov with jack took up my entire record of evidence and stole/erased it, just like evey work on my now gone $5000 Quosmio Laptop they stole every bit of excellence as fbi hackers on every component in my life and said to have sold it to someone to write/produce against the victims statements laws in CA and US, plus endangering my life further to make it ever the for profit by others existence people pay gov for acceses to me for more harms. My CA Unemployment blocked right now & twice eqauls over 7 months of unpaid weeks to wreck my credit and stop my house payments to steal another high equity home from me in CA. Now CA sent this morning said I have 21 days to upload online my 2019 earnings???? And provide illegally forced online fraud hackable copy of my full CA ID Drivers License????? While my jobs also are removed by attacks at McDonalds Gustine CA, and Del Taco Santa Nella CA. My GOV BETRAYERS book settles Government fbi presidents online attacks and overtakes like these to endlessly mire us in rhetoric and time waste dangers of demands, and the whole trump evil serial killer phishingscams and stars lives overtakes in years and in/from the whitehouse that biden didnt stop upon entering these and owns many of these phishing scams for homes overtakes thru darkweb titles sold and resold in CA. What my Huxtible-Cosby Act would seek to solve additionally is stop the underworld title and bank(s) + especially Bank of the West frauds in this(on me now by BOW over 11 years costcostin tens of thousands $) on all and the overtake sale by rich and gov of entire lives, bodies of work, autos, businesses for rich absorption into their personal wealth schemes. Think these impossible death and prison groupings by fbi, gov, rich, destroying people for money: BILL COSBY SON SIDE OF HIGHWAY MURDER & THEN BILL COSBY GOV CRIMINAL ACTS AGAINST HIM OVERTAKES BY FBI, BRITNEY MURPHY & THEN HER HUSBAND DEATHS BY FBI, WHITNEY HOUSTON DEATH & THEN BOBBY CHRISTINA HER YOUNG DAUGHTER BY FBI, TIGER WOODS & HIS FAMILY W/VOICEOVER IMPLANTING IMPOSSIBLE AMOUNTS OF VILE ME TOO CRAP SCENARIOS SET UP BY RICH AND WEALTHY ACTORS TO STEAL VAST WEALTH FROM HIGH EARNING FAMILIES BY FBI MONEY FUNDED INVESTIGATIONS, MOSSIMO & LORI LAUGHLIN AND HUGE FBI COLLEGES INFILTRATIONS AND MONEY OVERTAKES OF THAT ENTIRE FAMILY & OTHERS & the High Value UC Colleges Systems, OJ SIMPSON AND HORRIFIC PLOTTED FBI MURDER SCENE OF X AND HER MATE IN THEN LATER LA POLPOL OVERTAKE HIS VALUABLE SPORTS COLLECTION & JAIL HIM, MEL GIBSON & HIS FAMILY WITH VOICE OVERTALK EVILS BY FBI, MY BROTHER ROBERT S. TYLER IN SAN QUENTIN AND FBI, SJ FIREMEN & POLICE PLOTTED MISSING IMELDA PASCUA BELOVED FIANCE SAID HORRIFICLY MURDER BY CUTTING HER UP WITH A FAKE KNEE PIECE OF STEAK PLANTED IN AN EMPLOYER DUMPSTER ALONE AFTER IT WAS EMPTIED AND AFTER HAVING MY BROTHER TAKEN. NO CORONER DEATH CERTIFICATE DNA FOR 9 YEARS DUE TO NO BODY OR VALID KNEE BUT CONVICTED BRO ILLEGALLY ON FBI PLANTED HERESAY FOR 15 TO LIFE AND STILL INNOCENTLY IN 25 YEARS NOW. HE WAS VICTIMIZED WITH THESE HEAD SOUNDS AND TRYING TO SAY GHOSTS IN HOUSE AND CRAZY BUT LITERALLY IMPLANTING CRAZY ON HIM (ALL OUR FAMILY HAS CLAIMS AGAINST US GOV & MILITARY IN THIS EVEN MY DEAD PENTAGON VETERANS & ARMY NAVY PARENTS, MY MOTHER WORKED FOR LYNDON B. JOHNSON)AND STEALING MY BROTHERS FIANCE LEAVING HIM WITH A 3MONTH OLD NEWBORN I RAISED FROM 5MOS TO 22 YEARS OLD THAT GOV HAS ALSO PUT ALL THESE TORTURES IN HIM AS EXPERIMENTS SINCE BEFORE HE WAS BORN AND TORTURED WITH THIS EVIL KNOCKING TALKING AND ELECTRICAL MICROWAVE SHOCKING PHYSICAL HARMS(AS BABY SCREAMED AND CRIED 3 HOURS STRAIGHT FOR YEARS, NOONE WOULD BABYSIT HIM EVER 1ST 11MONTHS, & I AS HIS GUARDIAN MOTHER was the only one who could comfort him to stop in any way, the torment with him we all endured is unimaginable Human Torture) FOR GOV MEDICAL DEVIANCE AND INSURANCE SCAMS FRAUD FOR MONEY. Im the only one not afraid to say who are really doing these crimes and we have years of evidence and this PHISHINGSCAM supposedly recorded for research purposes by gov and funded sources has had witnesses to even gov child act hate crimes on my kids youth years ago listed spoken by supposedly marcus lemonis, john lipman, george kosovilka, loser evil president donald trump, fool do nothing president joe biden and on the list can go supposedly with the most horrid evil tales in phishingscams to destroy faith in humanity and test sanity and ability to withstand 24/7nonstop talking, yelling, cursing, threatening, death threats, money offers for buying physical tortures against me, and with threats to my kids and grandkids plus other unmentionables. Wordy Wordsmith Racouteur as someone really telling the truth to stop US Evil spreading funded harms. Dev Moran

In America Star Power is an evil banner. With stars in phishing scams alongside the political fools truly thinking they are stars in demented plans for nation overtake for threats, offering dates, saying marriages are with them so wonderful, asking for money or sign over my house, tell me they have money to pay me to write a book or pay my bills, or do work for gov, say Im a slave to gov, the scientology or unity churches in San Francisco, slave to the stars group who bought me on darkweb from the gov for torture. So here in US so much also dictated and ruining true society for rich control over everything in Western World. Stars speaking anger and threats or love in phishing scams to steal from us like taylor swift saying my pet is hers and can harm it and you better believe my pets are harmed, harry styles not wanting me to smile and my teeth are harmed, keanu reeves, mark mcgrath who said he wanted a book written about his texas childhood and around the beaches growing up as a boy-I sent him one email explaining I am a writer that would offer a book writing, but I didnt say phishingscam info in email, dolly parton said 2-3weeks ago she'd "pay police $10,000 to have me killed," james carrie wanted my cat, harry styles didnt want me to smile even in my own home and of course I do and then my entire mouth of teeth was ruined, will smith, matt mcCoughnahey worried about my teeth and theyve stated have to keep me away from reporting this to dentist or affording get it fixed over a year now and so teeth get worse for more hate crimes on women, selma hayek said I was a terrible Mother and said she was a Columbian drug lord and could have me killed in the Columbian jungle and a running with the tigers and wild cats by stars like jennifer aniston and my family for phishscams crimes to their deaths etc cosplay voiceover came from that horrid conversation, and hundreds more with the people on that darkweb violence home invasion and more polits run phishscams on innocent people with 10s of thousands of the most deviant stories on evil and death threats constantly. These stars of hollywood have a responsibility to tell and stop this evil. I've seen other cases and reports on this mega money maker for rich funding home violence invasion scams as they call it. Famous lives too have fbi violence crimes that ruined them in impossible groups for greed like BILL COSBY SON MURDERED THEN BILL COSBY LIFE ABSORBED, WHITNEY HOUSTON & THEN DAUGHTER, BRITNEY MURPHY & THEN HUSBAND TOO, MEL GIBSON & FAMILY, OJ SIMPSON & HIS X WITH HER BOYFRIEND IN IT, TIGER WOODS AND HIS FAMILY, & Ive come up with the HUXTIBLE-COSBY ACT TO PROTECT STARS AND ALL FAMILIES IN US AGAINST THE UNDERWORLD TITLE & LIVES TAKEOVERS FOR PROFIT ETC. I can tell you 5G is used for sending microwave currents into wherever they implant wires/diodes into the body, even whales & ocean mammals are being tortured killed with this evil by sonic booms, loud knocking inside them and heard/witnessed by whole towns because its still being called tested and money by gov being misappropriated as funding for these evils, even for testing on me and my family. biden has said "gov gets an insurance check too on me at the end of the year" for other evil misappropriations. I can explain as a victim that when they put a 1st round of this 5G into my head, my face, my ears, my teeth, my nose, my throat, my temples, my forehead, my lips, my eyes a large group of polits, fbi, police, family forced in, stars including marcus lemonis with george kosovilka police as gov turned the 5G ~364 microwave current on so high for 3 days nonstop and what happens is blinding, head spinning, vertigo is caused by this stuff on purpose, nausea like COVID on purpose, but I threw up, peed, crapped, drooled, cried and eyes ooze goop, they dry out, force out, and cook out the moisture/water content in our body parts they do this laser microwave torture on all at the same time uncontrollably on the toilet over and over until it was dry heaves and bile, and my rectum pushing uncontrollably while they narrated in this phishingscam with marcus lemonis telling george kosovilka to turn it off and doing a famous whos on first, whos on second round robin of are you turning it off? Okay you're not turning it off, well what are you doing to her then? and constant group bully entertainment for sadist cult attacker fiends. Stars/stars voices and names used say we dont care 100 times over and over for 1 1/2 years now while threats they make are described in anger against my reporting this, or my doing work towards ministering to the evil problems of this being forced on people for these to steal our homes with Bank of the West involvement and participation, and City of Newman with the police. State of California has blocked my proper payments for unemployment again. For over 3 months now and last time they did block my UI payments 4 months february to june making a nightmare of my credit, safety, and gas etc. for job search. As a Minister ordained online with Universal Life Church I was acclamating my years long christian life for myself and my commitment at good in life. In these harrowing evils and near death experiences I have done my usual bible reading and ministering lessons of the teachings of good and evil to much gall and chagrin on me to minister to torturers and thieves of my life. I do not enjoy the female version of Jesus on my beautiful lifetime built and am grateful for. My books I offer for support exposing theses over 20 years evils and over 40years since gov/political/military inception on my Army Sargeant Father and our famjly and those directed suffering evils also as GOV BETRAYERS, and WITH BIDEN is the tool a next regime is in the evils of grevious parties previoius crimes as they all accept passing the scepter and phishingscam crowd prove their version of crazy victim making crime evidence how evil they will go in family harms on US Citizen innocent families. They steal my mail, my emails right before I find it to open even, drop my calls, erase my funding & remove payments, block my Twitter Victims Witness Statement Proof Of Life to stop my reporting or succeeding ending decades of gov rich endentured servant kidnaps over our lives. Thank you saying its difficult in China, Tibet for trade on an olympics was horrendous evils, too. Smiles.


SEC could decide on VanEck’s Bitcoin ETF applications this week

Bitcoin closed last week higher by +3.16%, closing right above the top line of the bull-flag formation that we had highlighted last week. So far into this week, we have seen positive continuation to the upside, and a lot of this could be stemming from continued activity in the bitcoin ETF space.

The bitcoin ETF world has been incredibly active since the first-ever application. Last week there were two noticeable events.

First, the SEC issued a notice requesting comments on GBTC’s application to become a spot ETF and list on the NYSE. The request for comments does not mean that the fund will get approved, but it is a step in the right direction. The SEC has started the clock and will now have to make a decision on the Grayscale Bitcoin ETF application. The approval would come, potentially, on December 24th this year. It could be an exciting holiday season!

For further context on the pending spot bitcoin ETF applications, the SEC has also issued requests for comments for the VanEck spot bitcoin ETF application. The request for comments for the VanEck application was issued in June of this year, and the fund could hear a decision this week (November 14th).

An application for a futures-based short bitcoin ETF was also withdrawn by Direxion last week - signalling that the SEC maintains its conservative stance on more exotic bitcoin ETFs for now. It looks as though the next milestone will be the spot bitcoin ETF.


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Bitcoin will flip Silver when it reaches $74,000.

Silver’s market cap is $1.35T which Bitcoin will surpass when it reaches $$74,000 and achieves a market cap of $1.36T. This could happen any day now.

Silver is seen as one of the most legitimate assets by the majority of the world. It has been valuable since the dawn of civilization and Bitcoin could very soon replace it as the #7 most valuable asset in the world by market cap.

I think this will be a very significant event that will bring even more attention to Bitcoin and crypto.

What do you think will happen when Bitcoin flips Silver?


BIDEN 5G MICROWAVE

People have taken all this too far in darkweb plays for attacking homes of of innocent people. Smart thinking, on youtube comment that putin is directing biden in OSHA demands for companies vaccines status enforcements by 1/4/22. Putin has told them in US Whitehousee he will take over if they dont manage properly, and noone in America will like it. I'm in a phishing scam by the whitehouse and these men fight and bicker constantly. The threats and accusations go on endlessly. I never thought what Putin might be forcing in this management demand. Thanks for clarifying. Putin once had me go and report his seat number at a whitehouse state event 2020 to Santa Clara Police account on the SmallDoll4 Twitter account of mine to prove this phishing scam is real and by gov doing horrendous evil against me a single mother of 3 for decades we've suffered by them. Jack removed my entire Twitter body of evidence victim witness statement proof of life in July 2021 in this nightmare evil upon my family. Jack and elon musk are huge in bitcoin funding/owning for sextrade and darkweb evils like phishingscams against US homeowners for buying darkweb fraud home titles and having home violence invasion wars on us to steal our high equity homes for their personal gains. As well these evil wealthy liars are faking diseases with 5G of cancer, fibromialgia, cystic fibrosis, thyroid disease, adhd, ptsd, dyslexia. Sickening to listen to this old croney lying to all for money harms by that greedy bastard! God will see him shamed. WITH BIDEN my book for funding publishing I offer, has infinite details of the 5G MICROWAVE CURRENT disorder of government and rich seeking to harm others with tortures of sound and diode/chip induced pain on pets, animals, mammals, humans, and anything to say can respond to Musk Sentient robotic technology and MIT brain exploration technologies force harmed into the World poulation by US Studies against humanity free thinking and safety welfare standards of life. Knocking in the towns reported for years in US is in the peoples heads with the gov military mics for sounds and listening for over 40 years now, and the whales, sea lions, seals, dolphins beached and blown up are the SpaceX microwave 5G Laser Technology like fire setting and explosions to Italy town as research using these evil MIT and elon Musk Sentient technologies on people. Stop the injections of vaccines to stop the spead of traveling teeny microchips in the body. Your eyes on the Havana Syndrome youtube connection to 5G harms to people by US I can see Mr. Secretary of State look injected underneath and appear possibly as the facial physical harms done to say research what brain feels when we are harmed like many of the harms police firemen and city workers are paid to do to others for fund raising insurance fraud payments each year end to federal gov, cities, and states supporting this group of COVID1-19 hazes since 1970 at least. COVID 1 was AIDS GOV & FBI killed many famous people like Freddie Mercury & George Michael who LA Police also fraudulently hazed in these evils for money and Sentient US GOV Military overtake Mr. Michael. COVID 2 IS HERPES FAKED ON MANY PEOPLE TO STOP SEXLIFE, RUIN FAMILY, FUND GOV FOR FRAUDULENT RESEARCH & DESTROY HOPE IN LIFE. Setting up task force, triage, medical studies, and reporting agencies done for years by you? Is one huge funnel of money out of needed funds to run a real American Government, not being run by anyone, and a payment for the rich fools in gov and military and police and fbi(fbi HUGE IN CUBA & OVERTAKING EVERYONE THERE IS EASILY ASSESSED)purposely caused against millions of people and this announcements is a creature features feel WAR OF THE WORLD SYNDROME IN & OF ITSELF. When I woke up this morning, in almost 2years gov whitehouse run phishingscam by evil thug trump & biden, to the 5G deficit on a body from microwave current harms that create COVID 19 fake Symptoms of phlegm, coughing, heavy mucus, nose bleeding, unbelievable face pain, etc. it was said that gov and biden dont want to turn this off on anyone to keep scaring people to think sick & buy expensive US VACCINES & due to money funnels to gov rich and presiding whitehouse employees for using 5G 364ghz microwave current as often as they can for research funding scams on the American Systems. 3G is 12ghz microwave current,, 4G is 34ghz microwave current, guess what was needed for COVI19 PUBLIC BREAKOUT FRAUD? 364ghz microwave currents!!!@#% So studies wont buy it, money wont buy it, love cant buy it, how you gonna stop US rich and gov experimenting on humans and decisive plans for humanity overtake of literally insane project plans COVID plagues on Countries by US, its developed so far now? Phishingscams involving many many gov personnel talk and knock torturers are an American gov & rich pastime at this late point in the human experiments and cash regulating funnels into private hands for personal wealth enrichment I cant write my whole book here, but I've put my witness statement proof of life onto Twitter as SmallDoll4(w/pictures) for over a year and gov with jack took up my entire record of evidence and stole/erased it, just like evey work on my now gone $5000 Quosmio Laptop they stole every bit of excellence as fbi hackers on every component in my life and said to have sold it to someone to write/produce against the victims statements laws in CA and US, plus endangering my life further to make it ever the for profit by others existence people pay gov for acceses to me for more harms. My CA Unemployment blocked right now & twice eqauls over 7 months of unpaid weeks to wreck my credit and stop my house payments to steal another high equity home from me in CA. Now CA sent this morning said I have 21 days to upload online my 2019 earnings???? And provide illegally forced online fraud hackable copy of my full CA ID Drivers License????? While my jobs also are removed by attacks at McDonalds Gustine CA, and Del Taco Santa Nella CA. My GOV BETRAYERS book settles Government fbi presidents online attacks and overtakes like these to endlessly mire us in rhetoric and time waste dangers of demands, and the whole trump evil serial killer phishingscams and stars lives overtakes in years and in/from the whitehouse that biden didnt stop upon entering these and owns many of these phishing scams for homes overtakes thru darkweb titles sold and resold in CA. What my Huxtible-Cosby Act would seek to solve additionally is stop the underworld title and bank(s) + especially Bank of the West frauds in this(on me now by BOW over 11 years costcostin tens of thousands $) on all and the overtake sale by rich and gov of entire lives, bodies of work, autos, businesses for rich absorption into their personal wealth schemes. Think these impossible death and prison groupings by fbi, gov, rich, destroying people for money: BILL COSBY SON SIDE OF HIGHWAY MURDER & THEN BILL COSBY GOV CRIMINAL ACTS AGAINST HIM OVERTAKES BY FBI, BRITNEY MURPHY & THEN HER HUSBAND DEATHS BY FBI, WHITNEY HOUSTON DEATH & THEN BOBBY CHRISTINA HER YOUNG DAUGHTER BY FBI, TIGER WOODS & HIS FAMILY W/VOICEOVER IMPLANTING IMPOSSIBLE AMOUNTS OF VILE ME TOO CRAP SCENARIOS SET UP BY RICH AND WEALTHY ACTORS TO STEAL VAST WEALTH FROM HIGH EARNING FAMILIES BY FBI MONEY FUNDED INVESTIGATIONS, MOSSIMO & LORI LAUGHLIN AND HUGE FBI COLLEGES INFILTRATIONS AND MONEY OVERTAKES OF THAT ENTIRE FAMILY & OTHERS & the High Value UC Colleges Systems, OJ SIMPSON AND HORRIFIC PLOTTED FBI MURDER SCENE OF X AND HER MATE IN THEN LATER LA POLPOL OVERTAKE HIS VALUABLE SPORTS COLLECTION & JAIL HIM, MEL GIBSON & HIS FAMILY WITH VOICE OVERTALK EVILS BY FBI, MY BROTHER ROBERT S. TYLER IN SAN QUENTIN AND FBI, SJ FIREMEN & POLICE PLOTTED MISSING IMELDA PASCUA BELOVED FIANCE SAID HORRIFICLY MURDER BY CUTTING HER UP WITH A FAKE KNEE PIECE OF STEAK PLANTED IN AN EMPLOYER DUMPSTER ALONE AFTER IT WAS EMPTIED AND AFTER HAVING MY BROTHER TAKEN. NO CORONER DEATH CERTIFICATE DNA FOR 9 YEARS DUE TO NO BODY OR VALID KNEE BUT CONVICTED BRO ILLEGALLY ON FBI PLANTED HERESAY FOR 15 TO LIFE AND STILL INNOCENTLY IN 25 YEARS NOW. HE WAS VICTIMIZED WITH THESE HEAD SOUNDS AND TRYING TO SAY GHOSTS IN HOUSE AND CRAZY BUT LITERALLY IMPLANTING CRAZY ON HIM (ALL OUR FAMILY HAS CLAIMS AGAINST US GOV & MILITARY IN THIS EVEN MY DEAD PENTAGON VETERANS & ARMY NAVY PARENTS, MY MOTHER WORKED FOR LYNDON B. JOHNSON)AND STEALING MY BROTHERS FIANCE LEAVING HIM WITH A 3MONTH OLD NEWBORN I RAISED FROM 5MOS TO 22 YEARS OLD THAT GOV HAS ALSO PUT ALL THESE TORTURES IN HIM AS EXPERIMENTS SINCE BEFORE HE WAS BORN AND TORTURED WITH THIS EVIL KNOCKING TALKING AND ELECTRICAL MICROWAVE SHOCKING PHYSICAL HARMS(AS BABY SCREAMED AND CRIED 3 HOURS STRAIGHT FOR YEARS, NOONE WOULD BABYSIT HIM EVER 1ST 11MONTHS, & I AS HIS GUARDIAN MOTHER was the only one who could comfort him to stop in any way, the torment with him we all endured is unimaginable Human Torture) FOR GOV MEDICAL DEVIANCE AND INSURANCE SCAMS FRAUD FOR MONEY. Im the only one not afraid to say who are really doing these crimes and we have years of evidence and this PHISHINGSCAM supposedly recorded for research purposes by gov and funded sources has had witnesses to even gov child act hate crimes on my kids youth years ago listed spoken by supposedly marcus lemonis, john lipman, george kosovilka, loser evil president donald trump, fool do nothing president joe biden and on the list can go supposedly with the most horrid evil tales in phishingscams to destroy faith in humanity and test sanity and ability to withstand 24/7nonstop talking, yelling, cursing, threatening, death threats, money offers for buying physical tortures against me, and with threats to my kids and grandkids plus other unmentionables. Wordy Wordsmith Racouteur as someone really telling the truth to stop US Evil spreading funded harms. Dev Moran


Staking Capital Gains Tax when moving bitcoin for the first time to staking platform.

Hi, I have quite an interesting tax question, haven't seen it answered anywhere I've been reading up for a whole month!

say I have had bitcoin since the beginning, and have a cost basis of 0 and have never made a CGT event.

I don't want to realize the gain for capital gains, but I still want to make money from it via staking, and use the "miscellaneous" income to live off of, is the original bitcoin collateral taxable under CGT ? Or has a CGT event not been created? And I can just mark whatever I earn from the APY as Misc income/ CGT event when transferring to GBP stable coins?

So a TL;DR

I want to stake bitcoin

I have a cost/acquisition basis of 0, and the current price is 67,000

I want to make money from staking, with the original coins and not trigger a CGT event on the original coins

Thanks!