CC

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ForeverNecessary7377

ya, unless I'm missing something lightning doesn't turn bitcoin into a CC number

IHaventEvenGotADog

eeek >NonSkippable Banner displayed at the top of the CC Sub, for both Mobile and Desktop Reddit. It allows your project to display themselves through a visual that everyone sees when they go to the CC Main Page. It aint non skippable. You can turn it off in settings. Community themes or something. I had mine turned off for ages and thought nobody had rented the banner out. Also does the banner even show up on old reddit?

Eastern_Abalone1406

I like where your heart is at, I hate the execution. The fact that you’re paying interest on the credit cards reduces the amount you can put into bitcoin, you’re allowing credit card companies to take <insert your interest rate here>% of your CC balance/year and you can’t put it in bitcoin

c0mbucha

Telegrams raiding CC thats cute. I wonder when they will just permaban anyone mentioning CAW

c0mbucha

Damn must be desperate to be raiding CC now

JustStopppingBye

/CC is too stupid to understand what this means. Also probably the reason why they joined a securities association. [https://issanet.org/content/uploads/2024/04/ISSA-List-of-Member-Firms-2024-04-25.pdf](https://issanet.org/content/uploads/2024/04/ISSA-List-of-Member-Firms-2024-04-25.pdf)

ZealousidealMonk1728

Why do people feel the need to judge OP? I would bet my ass Bitcoin will appreciate more than the 15% or whatever OP pays for credit card debt. Is using CCs to buy Bitcoin a good idea? No. Is it the end of the world? No. Most Americans use CC debt to buy fucking McDonalds give the guy a break

OopsWhoAmI10

The APR of a normal loan that uses property as collateral is abought 1/3 the interest of CC APR (5 vs 15)

AmIAwake93

>I am running up my credit cards and have more than enough to sell and pay them off. For some reason idc about the interest and would rather hold and not sell. Most of the people here are total bozos in it for a lambo (lmao) or house (lol) and don't understand the total scam the US economy is. However, I will say that using a credit card to buy BTC is a bad idea since you are paying interest. You should balance transfer to a CC with 0% interest for as long as possible. Delay the interest at all costs. You can then sell some of the BTC to pay off the CC debt when the interest comes due in a few years. You'll most likely be profitable and will have basically bought BTC at a discount, especially after inflation. Inflation is good for borrowers.

Betterjake

Yeah you should care about that CC debt. Paying 20%+ APR to instead buy Bitcoin is dumb af

NaiveMercury

Maybe instead of lurking on the CC subreddit when the market is down like the sheep that you are, you can pay us a visit when we'll reach a new ATH and preach your anti-crypto convictions then, wbt? You try so hard to make yourself look smart with your satirical one-liners, but tbf most of the people around here don't believe crypto has any inherent value, we are here just for the gains that you will be missing out on.

JeremyLinForever

Those do not have the same meaning nor affect. In the former, you can use your CC to buy day to day expenses, while using your income to buy Bitcoin. In the latter, you’re not physically buying Bitcoin with CCs. This is untrue both figuratively and literally. While OP acknowledged he has interest accruing from CC debt, I’m saying these an option to be smart about it to open CCs that do allow for 0% interest and still be able to acquire bitcoin without the high interest rates. Either way it doesn’t matter, because people will inherently do what’s comfortable for them. My main point is that chiding others when they themselves aren’t financially comfortable in doing this method shouldn’t prevent others who are comfortable in doing so. OP may be holding onto tons of Bitcoin and can pay it off damn near anytime they want. Don’t be salty about it and just accept that.

hateschoolfml

DCA going to be heavy today, common drop in bull runs to wipe out leverage, moon bois, & 💩coiner CC https://twitter.com/adam3us/status/1780695562045837369?s=46&t=ihVglVXC0BQSbw6j57EoaA

TexasBoyz-713

The sentiment difference in here vs r/CC is crazy. People over there contemplating life when they should’ve just bought Bitcoin

LoriLeadfoot

The problem is that Bitcoin *might* be 25% higher next year, but OP *will* owe 28% in interest next year (due to daily compounding of CC interest).

Charge36

Yes but you don't buy real estate with credit cards. Mortgage interest is significantly lower than CC interest. Also people need a place to live, so you must either rent or borrow to fill that need. You don't *need* to buy Bitcoin on debt.

JeremyLinForever

If you’re only buying Bitcoin with your 401k or Roth, you still don’t get it. No need to bring up Bitcoin to anybody because you probably cannot explain it well enough to others. A few hundred in Bitcoin is nice and all, but at the end of the day you are preaching to people who may or may not have a lot more net worth who are comfortable with their lifestyle and comfortable with this type of risk tolerance. The only people who don’t condone it are the people who are salty that they cannot afford to do this, don’t have a high enough credit limit to do so, or aren’t able to get a low fixed rate loan to do this. Again, it’s all moot because OP has explained numerous times that he has been only using his credit card for everyday expenses and paying the minimum while saving the rest for Bitcoin. It is a smart move, particularly when CCs are doling out 0% interest introductory for the first 12 months and 0% transfer balance. Rack up the debt and make minimum payments until free interest is up, then transfer balance to another new CC with intro 0%. This is the way America works.

duracellchipmunk

I said the same thing, it does well in the Bitcoin sub. but this is CC… and their alts are in a Soviet parade 

FoxtrotThem

Tell me CC did you buy high or high buy?

d_d0g

Gotcha. When MOON distribution returns to r/CC, will there be an earn bonus like before? Assuming there is no reward at this time.

d_d0g

Great to hear an update! Is governance on Snapshot the same as how we used to vote on r/CC, except we have to spend MOONs to vote instead of being rewarded MOONs?

GabeSter

No duplicate topics under 30 days. You posted like five days ago and that post was kept up. This is spam now. CC is not your projects personal launch board.

Halo22B

Mobile Hot wallet with 200$ secured with a PIN (not biometric) no need to memorize the seed. The device stores the private key. Your trying to teach the kids best practices but substituting a small stack for life savings....it's never a good practice to memorize a seed, so why teach them that now. Personally I would create the seed using BIP85 functionality on your CC. Write the seed on paper, don't tell them you have a backup to the backup, and have them go through the whole process of creating/recovering a wallet and securing the paper/steel backup and emphasize the responsibility aspects.....if they screw up you always have your backup via BIP85.

lordsamadhi

There are many things that seem more expensive up-front, until you do the math. Healthy food, for example, costs more when you go to the grocery store.... but it might end up costing more overall if you buy very cheap food and end up with early health issues leading to tons of hospital bills. Bitcoin vs. altcoins vs. fiat also works this way. The fiat system is very sneaky with its costs. For example, wages have not risen at the same pace as housing this past few decades. We are paying for the cost of using a money that others print for free. The 3.5% CC fee at merchants has simply been factored in across the entire economy, even if you aren't using a CC, you're paying 3.5% higher for everything because merchants have simply raised the prices to cover that fee. But we don't see it, it's hidden. Then there's the layer 1 fees in the fiat system... i.e. bank wires, remittences, FedWire and Swift. These fees are enormous because they offer final settlement. They are under the hood, in the fiat system, and the costs get passed on to citizens by simply using dollars instead of something else. But we never *see* those fees. Then we see Bitcoin's fees and incorrectly think they're ridiculous. The same an be said for altcoins. A simple SQL database could cheaply and quickly manage all the transactions of the world, keeping track of the entire ledger in an AWS cloud instance. This would be very fast and cheap... but who owns the login credentials to that DB? Who can alter the ledger if they want... who controls it? Maybe it's worth spending a little more to create a non-SQL DB that isn't centrally controlled. I just gave an example for the simplest form of a cryptocurrency, a basic SQL ledger. And then I showed why it's worth spending a little more for something more decentralized. With every altcoin in existence, you can play this game and always conclude that it's slightly worth a little more for a better system.... until you get to the most decentralized, most secure ledger there is.... Bitcoin. It's mathematical induction. It's worth spending a little more to have Solana over a centralized SQL DB.... it's worth spending a little more to have ETH over Solana.... it's worth spending a little more to have Bitcoin. Ultimately, you get what you pay for, and Bitcoin is offering more than any of the others, even if it appears to cost more up-front. Ultimately, Bitcoin is meant to replace the fiat L1's I referred to earlier, not the fiat L3's like Credit Cards. We have LN, Fedi, Ark, and other proposed scaling solutions which are still going to take time to develop and perfect in an open-source manner, and without breaking anything. Give it time.

Davinter30

The "most mention on CC" cannot be right, all I see is BONK shillboys all day, every day, and its never on the most mention

Annoverus

It’s in the USA, plenty of businesses charge you an extra fee for using your Debit/CC.

ledit0ut

I'm all in on cash app. Ditched my bank and my credit cards. Just use their debit for btc round ups which is also no fee. If/once they have a CC that allows BTC cash back I'll use that credit card. Their spreads are pretty good too. The only down side is the limits on withdraws are pretty low.

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Deeky8383

Right - It could work temporarily, but not long-term. But, if they're successful for a few months or longer, it's a win. Honestly, a safer method with similar results would be... Deposit Paychecks to bank account, use CC for expenses. Pay off CC before interest charges hit; what remains in bank checking account, apply to BTC purchases. If nothing remains (don't buy). Same results, really. Could also potentially avoid ST Cap Gains if held long enough too. I think OP's intent was to ride out gains to pay off debt(s). But each future buy would essentially be higher (posing the risk of a loss-sale).

Deeky8383

That'd only apply if assets were sold at a loss & the re-buy happens within 30 days. One, could continue to purchase / stack & avoid risk of wash by letting the %interest% charges hit \~ maybe keep a one or two month of cash reserve(s); to pay off CC debt in these scenarios (for interest charge avoidance). If they needed the fund(s), it'd only delay their timing to re-buy / purchase again. And his intent here, doesn't appear to manipulate artificial losses, but to generate gains. I could be wrong on all that, depending on the rules behind a wash-sale is though.

Deeky8383

Interesting method! Potentially smart too. If you avoid %interest fee(s) by paying off CC bill before interest hit(s), that's a win. If you track your buy(s) and sell(s) accordingly, you will see short-term cap gains on all your sell(s), but after you factor in your cost-basis. Therefore, if you make more than you spend, your stack will grow, your FICO scores will go up, and sales for losses could offset gains (which could relatively be rare, if you time it right). Given many assume we're in or approaching a bull-market, seems like the risk is low.

JeffreyDollarz

Hard to ignore Hedera now R/CC.

InvestAn

The picture is clear. Hedera will be massive. Nice to see some positive news exposure in r/CC!

SuperSan93

I’m tired of CC clowns shitting on it because they don’t understand this. There are plenty of genuine reasons to shit on it, such as the server capacity bottlenecking at only a few million users, orb availability and circulating supply. But stealing your identity is not one of them.

SummerVast3384

We need an **Inverse CC** ETF

theirishsniper

Inverse CC investing has been good so far.

dj_destroyer

>If you're moving that much money through your bank, odds are they're going to waive your wire fees because you're a high priority customer.  This isn't true. SWIFT transfers usually cost 3-5% due to bank fees but also due to forex/conversion. Agreed that anything under $300 shouldn't be transferred with Bitcoin -- stick to CC, Venmo, Cashapp, PayPal or even better: Lightning. When was the last time anyone physically transported their own gold to make a transaction without using any services? When was the last time a credit card settled immediately? Same with Venmo or CashApp -- it's not like you literally get the fiat someone sends you, it's all handled on the backend by a centralized service. IF you want/need decentralized p2p payments, particularly with large amounts, then Bitcoin is the way. Never in the history of finances has billions been sent for pennies, until Bitcoin. I also don't balk at fees, of any price, because it is market demand and used to secure the network. One day, Bitcoin won't have block rewards and it will only be transactions fees that maintain the incentive to continue. Whether it was intended or not, fees will always continue to rise and that's actually a good thing.

NormalTechnology

Honestly? Who cares about moving millions or billions. If you're moving that much money through your bank, odds are they're going to waive your wire fees because you're a high priority customer.  CC processing fees are what, 2.5%? So $5 flat tx fees make no sense for anything under $200. More if you compare Venmo or CashApp 1.75% for instant transfer.  I still own some bitcoin but boy have I been disappointed in the way it has "evolved." The way it's going is intended so the average user never interacts directly with the blockchain, stays within the walled gardens of centralized transfer services, and recreates many aspects of traditional finance that it was built to disrupt.

Chambana_Raptor

The Fed has explicitly said they absolutely will not reduce rates until the markets cool down. Plus the eventual changes will be very small and iterative (i.e. 0.25% one quarter, hold, 0.25% maybe the next, hold, etc.), which the Fed has also said. Both of these strategies are unlikely to change too, because it makes good economic sense if you're not a degenerate crypto gambler expecting a 10X in all your investments by EOY simply because "the halving" or "the ETF". The ECB has expressed the same sentiment for the most part, which again, makes sense. Furthermore, the eventual rate changes are pretty much already priced in, just like with the stock market. Which is not surprising; they are not very unpredictable because they are inevitable. Y'all realize that *everyone* knows the correlation between Fed rates and market performance right? Just because you're in college and *you* just learned about it doesn't mean the rest of society hasn't been wheeling, dealing, and riding the waves for decades. Let me give an illustrative, tangential example. When it was announced recently that Truth Social would be going public with an $8B valuation, based on earnings reports everybody and their grandma knew that the stock price would get an initial surge from the cultists followed by a spectacular market correction to bring it line with its fundamentals. **The day after the IPO** I tried to buy a couple puts and the premiums had already gone so high that they couldn't possibly ever be ITM. We were right, the price fell, and will fall far further, but I couldn't maximize my exposure because many MANY people do this for a living and are way faster and savvy than me. Do you honestly think, dear r/CC reader, that *you* are *that guy* for crypto? I hope not, because if you do there is a 99% chance you have a mental illness. Again, smart people make their moves **before** bull markets. Bull markets are not for buying, they are for **profit**. It sounds like most of the people forecasting all these optimistic scenarios are the ones still hitting the buy button as fast as their direct deposits come in...I wonder why 🤔 couldn't be that they are biased and inexperienced...no...

AllCapNoBrake

Get the VENMO CC and select your cash back reward to be paid out in BTC.

Halo22B

OP your 90% better off holding using Ledger than leaving your coins on Coinbase. That being said you could have been 99% better using a ColdCard. But guess what, if you are a dummy about seed security it doesn't matter if you used a CC or a Ledger, the account is compromised and the coins will disappear eventually. Why do more people "lose" their coins with a Ledger vs a ColdCard....I suggest two big reasons 1) new coiners find Ledger first, they are in a rush and don't understand security fundamentals and do things like store their seed as a picture on their phone 2)LedgerLive, its a shit show of shitcoins. If you're in that ecosystem your security risk is compromised from any number of angles. Do yourself a favor, start using Sparrow with your Ledger (that helps with #2) while you review your initial setup. This will force you to learn and you will be better able to judge the benefits of going to a ColdCard and why if you do the pittance in TX fees is nothing to the security provided.

opensandshuts

The bot: “Yo envy me, I’m CC’s MVP I ain’t goin nowhere so y’all can get to know me.”

SD-BinanceUS

Life hits us hard at times. A good rule to live by when investing is to never invest money you can’t afford to lose. This way you won’t need it to pay CC bills. But don’t give up. The fact that you are on here and missing your BTC says it all. Good luck fren!

Tip-Actual

We here in the CC sub are a small sunset of retail that are a bit more informed than the true retail. Talking about people who buy memes exclusively, chase pumps, panic sell, use Coinbase regular to trade and then complain about fee and spread, hate to use self-custody, etc. etc.

PreventableMan

Then he is a average /CC user.

SuperSan93

I have done the scan, I’ve been collecting the coins since last year. Had over $1000 at the peak. But I won’t buy any. Only 2% of the supply is in circulation and while there are very good reasons for that, it doesn’t make me want to buy it. But I also won’t sell it, just in case. Point 4 is indeed the biggest misunderstanding in CC. Once the iris code is created the iris scan is deleted. Unless you choose otherwise. The iris can make the code but the code can’t make the iris.

FairDragonfly333

If your account isn't old enough or without enough karma you can't post in CC

Fedshmoker

Nah I am actually even more confident now ASI will go 10x-20x after initial launch. This thread and all the comments are giving me early Chainlink and DOT thread vibes from r/CC before they went on their insane runs....

Fedshmoker

As per usual what else can you expect but ignorant comments, as always INVERSE the shit out of r/CC as they are pretty overall stupid, emotional moon/memebois and girls and can't understand a project beyond marketcap + coin supply The truth is DYOR - Read the white paper, look at current existing products, dapps, marketplaces, data/algo sets, a.i. agents, R&D and tech stacks and they will be combing them all into one platform rather than semi-competition with each other - [https://www.superintelligence.io/artificial-superintelligence-alliance/artificial-superintelligence-asi-alliance-vision-paper](https://www.superintelligence.io/artificial-superintelligence-alliance/artificial-superintelligence-asi-alliance-vision-paper)

DebianDog

Dude no! The CC collective has decided that they do not like Cardano. Mostly because the chain does not spit out 2000 new meme coins or Monkey NFTs a day it's apparently a "ghost chain" I personally have a bag of it because I find out the easiest to use, it has voting which makes it awesome for things like DAOs , you can do multiple actions in one transaction. I mean I get it. The slow development, lack of a lot of tokens that are easily bridged, no real USDC/Tether. "of course" midnight is taking forever, but I'm in for the long-haul.

HarrisonGreen

CC's may be perfect for consumers, but for merchants, it is a headache. Middleman fees. Chargebacks. CC fraud. All at the expense of merchants. Crypto has none of these downsides. It is fair to both buyer and seller. 

simpn_aint_easy

Amazon CC, Citi, freedom and sapphire by chase, etc all have 0% for one year then interest. I have access to 15k myself and will be buying a miner that ROI under a year if everything stays about the same

tapakip

My brother in christ, I have multiple 0% CC loans for BTC right now, what are you doing?

ItWillPrint

Sure. Not with 10k cash advance though. Cash advance on CC have immediate interest

Squezeplay

Totally, I do too, just pointing out its more coercion because you're penalized more for not using a CC, as you don't get the "rewards" to partially offset the fees, than it is an inherent benefit. And hopefully it will change after the lawsuit when more discounts for cash are allowed.

Squezeplay

CC rewards are just funded by transaction fees though, which merchants factor into prices of everything you buy. You have funded more in fees than you got back in rewards, its how payment processors make money. They require merchants to agree not to give discounts to cash buyers and give consumers "rewards" which creates no incentives for consumers not to use cards. There was recently the biggest antitrust lawsuit settlement in history relating to this recently so it may change.

fan_of_hakiksexydays

CC have transaction fees too, and are more costly than most cryptos. The only difference is they are less transparent about those fees.

fan_of_hakiksexydays

They litetally have crypto cards that you can use like a credit card to use your crypto, just as easy as a cc. Your cc payment is not instantaneous. It takes 24hrs to a week for finality. The merchant might let you off the hook, but they didn't actually get paid. With crypto, finality is in minutes to instantaneous. Everyone is actually paid on the spot. CC is also more costly. It's an archaic convoluted system with many ineficient elements and even 3rd parties involed in the process. That's why a CC transaction usually costs more, and are typically a few dollars, wheras crypto can be pennies to nead $0.

fan_of_hakiksexydays

That's not true at all. You get a real transaction where everyone is guaranteed to be paid on the spot. Finality is in minutes or near instantaneous depending on the chain you're using. With cc it's a series of IOUs in a costly and ineficient convoluted system of companies, 3d paries, etc... Finality is between 24hrs to a week before the recipient is actually paid. With crypto, there's also no private info shared with the payment, unlike cc where there's always your name and adress attached to everything Also, you get far better security with crypto than cc. Try to break the blockchain to steal a private key or try to get a credit card number and see which one is easier. There are websites with massive databases of people's leaked cc numbers. Not so much with people's private keys. CC has far more points of security vulnerability.

twostroke1

No purchase protection is a massive one. Probably the biggest benefit to a CC.

FTX-SBF

Noobs over at r/CC are crying over their alts shitting the bed and still won’t admit that btc is king

PlatypusCorrect1672

V to. Dx and ç x to the casz CC cuz xxz is s uz CC xsx you z jigzz x x Me c lol c can you u hyyt to hc t cd.

Cocopudilent

Seriously…. I’m looking to become more degenerate to get by here.. lol. Starting with the e-residency(hoping my ID comes in the next 2 weeks) and then gonna find a better “banking” solution to all these damn hurdles. Still a beginner here since the end of February. I came in with a flood of other buyers, which I think was from TikTok because 👋 that’s the only reason I found out about crypto. Soooo much false info, so Everything takes at Least a week to self filter through the bullsh*t, wait for ACH deposits to clear, and then when you think you’re on to something 💥uncle sam comes in and says hold up partner…. That’s not gonna happen here in ‘Merica Lol. When I first thought, oh I can use my CC’s to pay and I have a Ton of open balance on them…. First attempts were disappointing to say the least…. So the rich are able to put there “hard earned” cash to work, but when this middle class man tries to copy their moves, gotta learn an alternative route and back to the drawing board. Don’t get me wrong it’s Fun! And rewarding… I am a lifelong learner, been a teacher for years and having so many routes to dabble in, I Love it. I have learned a Lot and will keep learning how this system works. It is mostly frustrating to hit so many dead ends, but if it were easy everyone would be doing it right now. I see it getting easier for myself in the next year and then eventually I’ll be linked to my own set up. It has to get easier for the flood that’s coming in the next 5 years. We’re just the “test rats” with the balls to go in and dive into learning and fixing the bugs, etc. US will have no choice, but to loosen their grasp on cryptocurrency. Let’s hope I’m right! Haha.

analogOnly

Why can't someone put it on a CC, get points and pay off their CC?

bbiittccooiinn

It won't be 0%. Not for cash advances. You won't be able to purchase through an exchange and get around having to pay a cash advance fee through your bank, in addition to another fee on top through an exchange. E.g. you can buy with Kraken (not Kraken Pro) with a CC, and they charge about a 2% fee on top of the spot price.

reditpost1

r/CC hates all over Hbar so would you buy some Hbar?

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KingKangaru

Absolutely. Making a killing on TONY right now with much more to come, plane and redo already had a massive run and notcoin about to blast off soon too. People sleeping on TON, reverse r/CC never fails

Gungityusukka

Their card is basically just a debit card of your USD in your Coinbase account, you don’t actually have to use crypto with it. Could sign up for the card receive it and never activate it it’s not a CC

hurrrdurrr117

Interesting stuff! Your last statement. Not confident at $20?? You think ChainLink is over valued right now? Legacy systems will need a way to connect to these new networks. Unless there is a better protocol I don't know how about. I don't see how CC could fail as long as the tech is sound and there is no competition. Not saying you are wrong in any way just that I can't see it. Other than BTC it's the only thing I hold. So I may be a little biased at this point.

marcecostai

CC does it again!

hurrrdurrr117

Can someone explain to me CC/IP in relationship to TCP/IP? Is chainlink effectively just like tcp or even udp in that it's the protocol that allows different web apps to interact with each other. If so, wouldn't chainlink be involved in every transaction made over different blockchains? I'm a noob but that seems to me like a slam dunk. Does Chainlink even have any true competition?

btcangl

When will CC start doing interviews with memecoin creators? I have seen the previous AMAs not receive too much tractions because clearly 99% of crypto users in 2024 want meme content.

CapSnake

It's integrated in telegram. The potential user base is huge. It also has some real use cases (you can buy anonimous account, tied to fake phone number, that are NFT). No one talks about it on reddit, I brought some just to inverse CC. Looks like it's time to sell.

CNNJDream

Thank you for your response. I apologize if my initial explanation was not clear enough. Allow me to provide more details about the underlying principles of Bitcoin addresses and the specific issue I am facing. In the Bitcoin system, an address is derived from a public key, which in turn is generated from a private key. The process typically follows these steps: A private key is generated, which is a random 256-bit number. The corresponding public key is derived from the private key using elliptic curve cryptography (specifically, the secp256k1 curve). The public key is then hashed using the SHA-256 and RIPEMD-160 algorithms to create a 160-bit hash. This hash is then encoded using Base58Check encoding, which includes a version byte and a checksum, resulting in the final Bitcoin address. In my case, an issue arose during step 2. When generating the public key, the first character of the first 32 hexadecimal characters of the public key was 0. This led to the first 8 bits of the public key being 0, effectively making it a 248-bit public key instead of the expected 256 bits. Despite this, the incorrect 248-bit public key was used to generate a Bitcoin address following steps 3 and 4. This address ended up receiving some bitcoins. Later, I used the same private key to generate the correct 256-bit public key and derived a different Bitcoin address from it. However, the bitcoins that were sent to the first address (derived from the incorrect 248-bit public key) are not accessible using the private key directly, as the Bitcoin system associates those funds with the incorrect public key and address. To further illustrate this, consider the two examples I provided: Example 1: PrivateKeyHexStr: 1D179D45DF2F02271CD4DAA1114B7226480BBF3DA62D94081CC6228C950F3300 Incorrect Public Key (248 bits): 2C3D118366F853F7A7FCD0E0506A87FD1ED7AD7E19103059A85C0FA8ADED85 Incorrect Address: 13mpPh9UMtSN54GTbjj4ht7S3hzCPhmmVA Example 2: PrivateKeyHexStr: 08C5F27C4B0522975583AE6BAE67B2155F5339BA040693335D4A2C4A0A213726 Incorrect Public Key (248 bits): BEC0F8B027D6333EFBBCC87ABD1C2912AB052DE99F391DB3E3EE1EF50708DD Incorrect Address: 14z6wZb4uGE1iT9osbQGMW75iNS1awCGSe In both cases, the incorrect public keys and addresses were generated due to the leading 0 in the public key, causing them to be 248 bits instead of 256 bits. I hope this clarifies the issue I am facing. I am looking for ways to recover the bitcoins that were sent to the addresses derived from these incorrect public keys, given that I have the corresponding private keys. If you have any further questions or need more information, please let me know. I greatly appreciate your interest and any help you can provide.

Daemonex

It's never too late, all you have to do is making the choice of where to do it, for example, have you though about where to buy it? are you looking to have the wallet on your device? or are you looking to use a platform? If you'd like the easiest route, a platform would be the best place to get your first bits of BTC, because getting 1BTC at the moment, I wish I had the cashflow to get it whenever I'd like to. Try using Yield App, you can purchase BTC with a CC or with Fiat through GBP or EUR, swap rates are awesome and best thing is, that if you're looking to earn some extra on your crypto, you'll also be able to deploy it there and earn some APY.

GMEthLoopring

Can you not spell Solana correctly for your second post, or are you just avoiding the /r/CC post limitations

Extra-Dentist-3878

Does CC still rewards posts and comments with moon ? I checked the block explorer and saw I received moons 40 days ago

Rey_Mezcalero

I have CRO locked up with the CDC CC and basically have given up on any big moves with CRO. Stopped tracking it so wondered if there was something big they were doing

Search327

I have a Ledger, Jade, CC MK4, and CC Q. I feel the Jade is very similar to the Ledger. I don't recommend the CC to people new to hardware wallets because there is a big learning curve.

r7GNM6NL

Thanks, appreciate your time. Basically, yes, you are correct. (though none of this is mortgage debt, it's all split between 0% for 12 months CC and home improvement loan), but all the debt is essentially money that was sunk into the home, which created more equity than I put into it. I think I'll wait at least a few months after halving, see where things stand and re-evaluate!

ObviousTie4

Thanks for the insight. Couple of questions: 1. In another comment you said you pay about 2300 in mortgage? So the payments for this 8% and CC is in addition to that, yes? 2. You also said in multiple other comments with your current ~$100k in BTC you could pay off everything today. This implies your 8% interest debt is somewhere between 45-60k? Sorry, some more assumptions.. So if you don’t sell any BTC at current prices: * you’ll be paying ~1100 to 1400 a month over the next 4 years on the 8% loan, * You pay ~800 in the CC loan for the next 4 years, paying back about 23k, And after the 4 year mark you can move your 8% loan payment amount to CC finish it off in the 5th year How easily will you afford to pay this extra 2k on top of the existing 2.3k mortgage? My final thoughts (for now): Preference1: see if you can add the exiting CC debt to your personal loan or as an add-on to your mortgage (without changing the initial mortgage interest) . If that’s not possible, preference2: Halving will likely be “sell the event” show, but it might go back up to 65-70k prices. Within the next few weeks/ up to 4 months, If BTC goes to 70k, cash out 25k and pay off into credit card loan. If my above calculations are correct, you will continue to pay 800/mo from your salary and at the end of 1st year, you will be close to 0. This leaves you with 70k in BTC and CC loan free. This calculation is based on the fact that I don’t think BTC will exceed 25% per year in the next few months. And even if it does you other 70% will grow with it. So it’s worth clearing CC debt. If BTC goes down over 25% in the coming months, it might make sense to buy back BTC as much as you can afford instead of your CC monthly payment of 800 up to the end of the first year. Wait few months and see where the price goes. If BTC goes > 100k just cash out and clear all your debt. It will for sure come down at some point allowing you to redirect your saved monthly payments to BTC when it comes back down. On the contrary if the price is stagnant between 50-70k just keep paying the debts.

r7GNM6NL

Thanks for this, lots of insights. I have excellent credit (830 FICO). I have generally been very responsible. ALL of this debt is new within the last 3 years, a major home renovation on a new home that got out of control, too fast and too soon. I have 250k equity now that this is over, but my mortgage is locked at 2.4% for 30yrs so I am very hesitant to refinance that in todays environment. Part of the debt is fixed at about 8% for 4yrs, part (36k) is 0% for 12 months then 25% (a CC balance transfer) A cash-out refi seems like an obvious solution, but that would just stretch this debt out at 6-8% over 15-30 years costing me much more in the long run. Agreed that once I decide, I own that decision and there's no sense second guessing at that point. Move on!

browney_87

You don’t. You get a CC and do a money transfer

grandeman2

How did you buy BTC with a CC?

Man-Tax

Same reason BCH is being outcasted by /CC, BTC maxis, and the crypto world - because it's a threat.

DaveLLD

Once again CC shows it's whole ass.

browney_87

I had 0.9 btc. And wanted 1 before the halving. So I did a money transfer of 5k on interest free credit card for 12 months. now I have 1 btc. And pay that off monthly. Interest free. Even in 12 months if I have some to pay you can just transfer to another interest free CC

Suka87

I'm doing exactly this. The loan interest on my bitcoin is 7% a year, the bank charges double at 14%. I've taken a loan using a small portion of my total holdings to cover my CC debt, I am now paying off the loan against my BTC and wants thats paid off, I get the bitcoin back WAY better than selling. I've done this with Nexo fyi.

West_Iron1456

Download Trust Wallet >> Buy trough moonpay or mercuryo.io . Mercuryo ask for your CC info and ask for your ID after. You can just click and “done” and you don’t have to send your ID. The downside are the rates. Ramp has the best rate but my account was locked because geographic location. Then you can move your BTC to your cold wallet.

RidingJapan

Yeah that's what I thought. Use a CC in the country where there is no income. Bring some cash

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Jaxsoy

Smartest r/CC user

AutoModerator

This looks like a governance poll and has been filtered for mod review prior to voting. /u/CryptoMaximalist or /u/ominous_anenome or another mod will give it a final review and let you know when it is approved or what needs to be adjusted. If everything is in order, approve the post, remove this comment. Otherwise OP should repost to correct the issue. Please verify these things * This is listed as an approved CCIP here: https://docs.google.com/spreadsheets/d/1LhhqB4UAezNMdAwjV3evFXPD2x1JFCFHdnm8rmyRqAE/edit?usp=sharing * This has the proper CCIP-### - prefix * The poll does not include misinformation and the solution is clear and unambiguous * The poll is a governance poll (There will be a pie chart in the top right) If there is no poll at all, it may be a temp reddit glitch and work from a different platform * The poll only has 2 options, the first is supportive and second is No Change * The poll is posted on Wednesday of Moon Week (The day of the snapshot) * The poll is set to run for 7 days * The poll has [NoMoons] at the end of the title The original text of this poll is archived below: Title: CCIP-083 - Clarify Rules for Sponsored Polls Body: Although Sponsored Polls from [CCIP-063](https://www.reddit.com/r/CryptoCurrency/comments/144q5uz/ccip063_sponsored_polls_on_rcc_for_moon_burn/) have not yet been used on CC. I think they have a lot of potential. They just need a few rule Clarifications/Modifications. I am proposing the following three rule changes or clarifications: 1. Sponsored Polls are pinned for the extension of their purchase period. 2. Sponsored Polls have an optional Comment Lock that can be placed. If comments are enabled the purchaser is required to have minimum engagement. 3. Clarify that if an entity wants to rent for 72 hours - they can do up to 3 questions (one question every 24 hours). **Reason for #1** Users are able to conduct polls on CC. Getting a sponsored Poll through the CC Ecosystem provides no additional benefit for the entity if it is not pinned. **Reason for #2** Sponsored Poll writers may not want users discussing the results and guessing the purpose of the poll. If they want to disable comments they can. If comments are enabled Sponsored Polls are not intended as a cheap way to have an AMA. The entity conducting the poll must have minimum engagement in the comments **Reason for #3** Currently a Sponsor can purchase a sponsored poll slot for 24 or 72 hours. If they choose 72 hours they might not want one question. As such we are clarifying entities can ask up to one question every 24 hours. So 3 questions on a 72 hour rental period. \---- These Changes are Aimed to make Sponsored Polls more desirable for potential entities. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*

d_d0g

Not here, yet. Right now they’re being tested on r/CryptoCurrencyMoons with talks about bringing them back here eventually. One bridge just opened MOONs up to be available many more places too. Surprised everyone in r/CC doesn’t know about this yet!

JackOfAllAdobeCC

Really glad I chose RNDR, I also occasionally use render farms so it was easy for me to invest in the CC supporting a practical application that is commonly used in my field. I’m actually considering RNDR a long play.

SolarisX86

Eth has the versatility, BTC has the staying power and original CC confidence. Eth has higher upside as an investment in percentage increase probability. BTC is the safer bet for long term, lower percent increase. So yes a combination of both is best as OP suggested

Nebour

Wym? I've been paying for my mortgage, heating, CC bills, etc, for years with BTC. Get out your bubble more...