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Showing 20 of 59 results by floridaman86
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Re: Bitcoin Life Insurance
by
floridaman86
on 14/08/2025, 11:46:06 UTC
It's real, and I can prove it.

So prove it and stop making stories from your head.

Already have to a couple people on this forum.

However, you can't prove it or name them. Another fake claim from you, what a surprise.

@condoras is a known basher on the forum, as a few people have said to me privately already. So just ignore him.

Said the troll, who always made claims without any proof. The saver of the BTC economy... Roll Eyes Cheesy

In the state of Florida, anyone who poses to be a licensed insurance broker is breaking the law if they are not actually a licensed insurance broker. Why would I risk that?

Even if I was to do anything more than I have already done to try and "prove it" to you, you wouldn't accept it.  So what's the point? You are obviously a jaded individual who's only goal is to tear down others. Most likely because you are disappointed with how your life turned out.

People that I have agreed to work with, realize the carriers I work with are real, I do have a license with the state of Florida, and I am a real person.

But please, keep spamming this thread. Because, every time you do, traffic to my website goes up, and more people contact me. You are not as much of an "influencer" as you may fantasize you are. People on this site see through your antics, and realize you are nothing more than a professional basher. And of course I'm not going to name the people that are my customers. That would not only be asinine, disrespectful, and it would be illegal.
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Re: Bitcoin Life Insurance
by
floridaman86
on 13/08/2025, 15:40:02 UTC
My 2-cent suggestion: lock your thread before it's too late.

I wonder why this thread is still open. This is first of it kind, I have not heard this before and don't think it exist.

Bitcoin is a decentralized coin and the privacy of hodler is sacrosanct. Not your keys not your coin. Anything that will expose a hodler identify by disguise is not in the spirit of btc.

It's real, and I can prove it.

Already have to a couple people on this forum.

If you are interested, feel free to shoot me a PM, and I can give you a quote or explain in more detail. @condoras is a known basher on the forum, as a few people have said to me privately already. So just ignore him.
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Re: Bitcoin Life Insurance
by
floridaman86
on 07/08/2025, 19:07:43 UTC
I never looked at their Trust Pilot reviews until you just posted it.

I used Crypto tab about 5 years ago. I never paid for any of their services like "boosting" the mining power.

The browser itself was a bit laggy, so I only used it to mine.

I think I got 2 payouts from it. Each about 1,000 sats. Took me two months to mine those sats. But they did payout, both time within a day or two.

I cannot speak to how the company is today or if they changed, only to my experience about 5 years ago.

The reviews are really unfortunate. But not consistent with my experience, but maybe that's because I never gave the company money, or because I used the app 5 years ago.

But after my Cryptotab  experience I bought my first miner, a future bit Apollo. Then later a couple of Avalon minis.

Sorry, but what does all of this have to do with the service that you post here? Only that you are a guy who, 5 years ago, got 2k sats from a scam scheme, and you buy a couple of miners. And with that, you will convince us that your insurance project is reliable and that you are honest. Man, things are done for you here, try elsewhere to phish people. Cool

I was just responding to the other poster's question.

Your thoughts don't matter, you're obviously not a customer, and have a chip on your shoulder.

My business however, is properly licensed to sell insurance, and have thousands of happy customers across the the southeastern USA. Some of which have a Bitcoin life insurance policy.
Like it or not, Bitcoin Life Insurance is here to stay, and so am I.

You however, can go back to playing video games in your mother's basement, while the rest of us build out the Bitcoin economy.
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Re: Bitcoin Life Insurance
by
floridaman86
on 03/08/2025, 11:12:35 UTC
Stop making post in a row, you violate forum rule.

32. Posting multiple posts in a row (excluding bumps and reserved posts by the thread starter) is not allowed.



--snip--
Also as for the CryptoTab thing, it was legitimate. It was my intro to mining. I mined 1,000 sats in a month from the app.
Yes, that's not a lot, but it was an intro course for me.
I wasn't "shilling" it. I mentioned it to another member of the forum, as an intro to mining.
I now do some home mining myself with a couple of Avalon nano miners. I don't get a lot of sats from it, a few hundred per day, but I like contributing to the network hash rate, and I enjoy it.

Do you really think CryptoTab legit? Have you seen it's review on trustpilot?

List of scam accusations

Trustpilot for some of their website have poor rating, where many review complaint unbale to withdraw "mined" Bitcoin.

https://www.trustpilot.com/review/cryptobrowser.site (2.2 rating with 1028 reviews)
https://www.trustpilot.com/review/cryptotab.com (1.3 rating with 182 reviews)
https://www.trustpilot.com/review/cryptotab.farm (1.3 rating with 89 reviews)
https://www.trustpilot.com/review/getcryptotab.com (2.0 rating with 14 reviews)

I never looked at their Trust Pilot reviews until you just posted it.

I used Crypto tab about 5 years ago. I never paid for any of their services like "boosting" the mining power.

The browser itself was a bit laggy, so I only used it to mine.

I think I got 2 payouts from it. Each about 1,000 sats. Took me two months to mine those sats. But they did payout, both time within a day or two.

I cannot speak to how the company is today or if they changed, only to my experience about 5 years ago.

The reviews are really unfortunate. But not consistent with my experience, but maybe that's because I never gave the company money, or because I used the app 5 years ago.

But after my Cryptotab  experience I bought my first miner, a future bit Apollo. Then later a couple of Avalon minis.
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Re: Bitcoin Life Insurance
by
floridaman86
on 01/08/2025, 00:44:35 UTC
Coming from some who was shilling the fake cryptotab mining browser a few years what. Why should we believe that this Bitcoin Life Insurance is now all of a sudden something made in good faith and not to scam?

Bitcoin was created to avoid third parties and middle men. I would rather DCA my BTC. Far better than what OP is suggesting

From my experience in such "insurance" products/ projects etc, 99,99% are fake or/ and scam. But even if OPie was sincere and honest (who isn't) and wants to offer such a product, he will need more than a lot to prove it and sustain it. He didn't even reply once here, that alone shows the seriousness of his.
And as you said, BTC doesn't need anything from these. You can create your bank, your insurance, your pension without anyone involved. Cool

sorry for the late reply, I forgot I had this thread up. I don't get to get on this website as often as I would like.
It is a real product, if you would like to discuss it in more detail, I would be willing to talk over the phone. Feel free to shoot me a DM, or email me via the website, and we can set up a time.

Accumulating Bitcoin, and life insurance are two totally different concepts. Accumulating Bitcoin is important, as it creates wealth, preserves your wealth, and hedges from an unstable Dollar. But Life insurance allows you to access the value of your Bitcoin without triggering any taxable events, all the while still owning the Bitcoin. No margin call risk either. Pay in Bitcoin, Own the Bitcoin, grow the Bitcoin, and pass a legacy onto your loved ones in Bitcoin.

It is also different than just accumulating your own Bitcoin as if you own 10 Bitcoin, that's all you can pass onto your heirs. But with BTC Life Insurance, if you put 10 Bitcoin into the policy you may be able to pass on 12, 15, or even 20 Bitcoin to your loved ones (all depending on underwriting.)


Also as for the CryptoTab thing, it was legitimate. It was my intro to mining. I mined 1,000 sats in a month from the app.
Yes, that's not a lot, but it was an intro course for me.
I wasn't "shilling" it. I mentioned it to another member of the forum, as an intro to mining.
I now do some home mining myself with a couple of Avalon nano miners. I don't get a lot of sats from it, a few hundred per day, but I like contributing to the network hash rate, and I enjoy it.
 
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Re: Bitcoin Life Insurance
by
floridaman86
on 01/08/2025, 00:34:10 UTC
It sounds like a smart workaround - no taxable event, access to liquidity, and a death benefit on top. But here’s the thing:
If this is such a game-changing solution for Bitcoin holders, why does it feel like it’s being pitched like a late-night financial product?
Bitcoin was created to opt out of legacy finance - not to be wrapped back into it through opaque insurance structures.

It would be a good workaround, as you said (although very risky), if the OPie were true and honest and not some troll as he is. As for the concept of BTC, one of the reasons indeed was to break out of this monetary system. But as you see, we have already been in the time that BTC is under their spell and appetite. KYC, AML, ETF, "dirty", "clean", whatever.

lol troll?

Bitcoin has been absorbed into the current monetary system, and is mainstream now. It isn't what is was 10 years ago. like it or not, Bitcoin Life Insurance is happening.
Thank you for your insight nonetheless. 
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Re: Bitcoin Life Insurance
by
floridaman86
on 01/08/2025, 00:32:04 UTC
Life insurance is a boring product, but with Bitcoin it is exciting.

Why?

Because now you can tap into the value of your Bitcoin that you have been holding for years without triggering a taxable event!

Bitcoin Whole Life Insurance has a feature built inside it that stores your Bitcoin until you are ready to use it. Say for example that you acquired your Bitcoin at $10,000, $20,000 or even $60,000.
Well, now its worth over $100,000 and if you were to spend it, in most (maybe all?) countries, you would trigger a major tax event forcing you to pay taxes on the capital gains.
Well, one of these policies, you could easily take out a low interest loan against your Bitcoin Value inside the policy (at this writing, the loans average about 3% and can be paid back at your discretion) and you will receive Bitcoin on a stepped-up basis. Therefore, you will be able to spend or sell the Bitcoin without triggering a taxable event!

By the way, the policy also has a death benefit, so you can transfer your wealth to your loved ones tax free. All the while, knowing that inflation will not destroy the gift you are leaving.

With 10 fixed annual payments, you can often acquire a policy with a death benefit twice what you pay in ~ 10BTC = 20BTC death benefit.


I own the agency brokering this product. If you have any questions about the policy feel free to comment below, or send me a DM, or visit our website below.


https://bitcoinlifeinsurance.io/

It sounds like a smart workaround - no taxable event, access to liquidity, and a death benefit on top. But here’s the thing:
If this is such a game-changing solution for Bitcoin holders, why does it feel like it’s being pitched like a late-night financial product?
Bitcoin was created to opt out of legacy finance - not to be wrapped back into it through opaque insurance structures.

It may feel like that because I am a relatively new member who doesn't spend a lot of time on this forum.

Unfortunately, I spend a lot of time with my customers, and often don't get to this website as often as I like.

If you don't trust insurance, thats ok. Then this product is not for you. It is for people looking for a hybrid solution to their liquidity problems, and securing their legacy.

Bitcoin isn't exactly the non-mainsteam product that is was 10 years ago.
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Re: Bitcoin Life Insurance
by
floridaman86
on 01/08/2025, 00:28:45 UTC
Bitcoin life insurance? Seems I heard it for the first time. Your explanation about Bitcoin insurance is good. But it's not easy to find a Bitcoin insurance company. I don't trust any online agency to do Bitcoin insurance. I am not a fan of any insurance, because I have seen how insurance companies cheat people. They don't want to pay money after the end of the insurance deadline or after death. So it's even hard to trust physical insurance companies, so how can we trust online insurance agencies?

I would prefer to make insurance myself. Bitcoin gives us the opportunity to become our own bank. So why can't we be our own insurance? If you are committed to doing so, you can do it; just create an address for insurance and save every month's. It's kind of a DCA strategy—just secure some bitcoin to your insurance address. So you don't need to trust anyone else, but one time you will have a good amount.

I understand, my industry does have an issue with lack of trust, and it is something the industry is working to overcome. Unfortunately it is something that will take years to work around.
You should work with a local agency if you have concerns about trust, or at a minimum invest time over the phone with a broker before doing business.
If you have any questions, I would be happy to talk over the phone, or refer someone in your local market.

DCA is a good strategy to accumulate Bitcoin, but it is not life insurance. As life insurance can pass the inheritance onto your heirs without any tax penalties and avoiding probate. Also, the typical policy holder will 25 - 100% more bitcoin in a death benefit.
For example if you put 10 Bitcoin into a policy, and you are a health 30-something year old, the death benefit may be 15 Bitcoin.
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Re: Bitcoin Life Insurance
by
floridaman86
on 01/08/2025, 00:23:48 UTC
~snip~

Let's start with the basics. You don't have any kind of ToS and Privacy Policy terms, no licences, no physical address (thus no country), no insurance of the funds that you will get (hopefully wouldn't get a sat), and your site is made in a $10 max template. So, do you really believe that anyone will ever send you a single satoshi because you say that you are an insurance broker? Sorry, but you are completely deluded. My 2-cent suggestion: lock your thread before it's too late.

Thank you for your insight. I am an insurance broker. Not the insurance carrier. Just a middle man. The carrier is Meanwhile Insurance. A very reputable carrier. My site does not need any security, or privacy policy as it is just a billboard on the internet. Any policy writing is done on a different page or in person.
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Re: Any Home Bitcoin Miner Fans Here? Bitaxe Gamma, Avalon Nano 3S, NerdQaxe++
by
floridaman86
on 14/07/2025, 14:40:19 UTC
I am a new Bitcoin miner I wouldn't say I am a fan yet. I am mining on a app on my phone

I did that for a while too via CryptoTab. If thats what you are using, its not a "scam" like others here say. But it does take a month to get 1,000 sats.
It was fun for a while, and a nice intro to mining, but eventually you will want to upgrade.

I currently mine with 2 Avalon nano 3, I get about 380 sats/day. Not much, but slowly stacking
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Topic OP
Bitcoin Life Insurance
by
floridaman86
on 07/07/2025, 20:43:46 UTC
Life insurance is a boring product, but with Bitcoin it is exciting.

Why?

Because now you can tap into the value of your Bitcoin that you have been holding for years without triggering a taxable event!

Bitcoin Whole Life Insurance has a feature built inside it that stores your Bitcoin until you are ready to use it. Say for example that you acquired your Bitcoin at $10,000, $20,000 or even $60,000.
Well, now its worth over $100,000 and if you were to spend it, in most (maybe all?) countries, you would trigger a major tax event forcing you to pay taxes on the capital gains.
Well, one of these policies, you could easily take out a low interest loan against your Bitcoin Value inside the policy (at this writing, the loans average about 3% and can be paid back at your discretion) and you will receive Bitcoin on a stepped-up basis. Therefore, you will be able to spend or sell the Bitcoin without triggering a taxable event!

By the way, the policy also has a death benefit, so you can transfer your wealth to your loved ones tax free. All the while, knowing that inflation will not destroy the gift you are leaving.

With 10 fixed annual payments, you can often acquire a policy with a death benefit twice what you pay in ~ 10BTC = 20BTC death benefit.


I own the agency brokering this product. If you have any questions about the policy feel free to comment below, or send me a DM, or visit our website below.


https://bitcoinlifeinsurance.io/
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Board Bitcoin Discussion
Re: is Quantum Computing a threat to Bitcoin?
by
floridaman86
on 06/05/2025, 14:53:45 UTC
While quantum computing might not be a threat to bitcoin directly, yet it is a threat to the security of funds when you reuse addresses. This is because when you use an address, your public key is exposes and with quantum computing, it can be possible to compute your private keys from your exposed public key.

It is better you don't reuse addresses, You can mitigate this risk by moving your funds to a new unused address each time you use an address so that your coins are safe in the new unused address.

I'm a little bit confused on this because, my wallet generates a new bitcoin address anytime I use it. So why would it be necessary to move my coins every time I use it? Isn't that the point of the wallet generating a new address every time it is used?
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Topic OP
is Quantum Computing a threat to Bitcoin?
by
floridaman86
on 05/05/2025, 19:04:46 UTC
I don't know enough about quantum computing to know if it is an actual threat to the future of bitcoin. I have heard arguments on both sides, but mostly from people that I feel do not have a very good understanding of bitcoin.

Any thoughts?
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Re: AI and Bitcoin
by
floridaman86
on 20/02/2025, 15:02:30 UTC
do y'all think there is any real concern that AI will be able to hack bitcoin and/or bitcoin wallets?

Or that AI will be able to mine bitcoin better and faster than any other miners?
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Board Hardware
Re: Avalon Nano 3 [unofficial thread]
by
floridaman86
on 14/02/2025, 15:55:35 UTC
I have 2 nano 3, one about 4 months old, and the other is about 8 or 9 months old.
The older one this morning stop working, and I cannot reconnect it to the Wi-Fi.
Any idea how to get it reconnected? Is this a known problem?
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Re: Do not mine only for profit, but to prevent that the network gets hacked
by
floridaman86
on 09/02/2025, 14:52:56 UTC
Ok, I'll bite.

What exactly happens in a 51% attack?

I understand that miners have some kind of voting rights, but I don't understand exactly how they work, or what they vote on.

I been hearing of consolidation in the mining network for a while now. Instinctively it seems bad, but I don't fully understand the perceived risks to it
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Re: When you buy a miner, what are you most concerned about?
by
floridaman86
on 10/01/2025, 20:18:41 UTC
The ROI is the most important.

I look at how long it takes for the machine to produce what it cost me. Now, if it's more than 9 months, I don't buy.

Several of my latest machines did not produce the BTC they cost me. Because of the low reliability of bitmain machines, the increase in difficulty, plus import taxes, it's hard.

If a machine that costs 0.1BTC only produces in it's working life 0.08BTC, there is no reason to buy it, it is better to keep the money.

I don't know how other miners do it, but for me in Europe it's no longer profitable, even with free electricity.



I agree ROI is important. The home mining price needs to come down. I was seriously considering buying the mini3 when it was launched but the price point is so high. $899 for the miner + something like $120 for shipping. It would take something like 18 months before I got my sats back, and that assuming difficulty doesn't go up during that time.

price point for home miners needs to be below $600 for units like the mini 3

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Board Mining
Re: mine Bitcoin with a high end laptop
by
floridaman86
on 08/01/2025, 15:23:59 UTC
I take it you do not work with electronic circuits do you?
Unlike as seen on TV & in movies, one cannot just 'plug things into' devices that were not made for them. You cannot modify a circuit board to do something different. An ASIC is a chip - not a circuit board made to be plugged into anything. They are chips made to be designed into circuits/PCB's made specifically for using them.

lol no, I sell insurance for a living which means I'm just good a talking 😂

But that makes sense. Thank you for clarifying
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Board Mining
Re: mine Bitcoin with a high end laptop
by
floridaman86
on 07/01/2025, 23:12:38 UTC
To use as a controller for a USB stick or pod - sure. To actually 'plug' an ASIC into - no because the chip needs supporting circuitry and connections to work that a PC does not have.

do you mean the circuitry wouldn't be able to handle the wattage the ASIC uses, or do you there is literally nowhere the plug the ASIC into?
If the latter, is there no way to modify the circuit boards to be able to install an ASIC?

Not trying to be difficult here, mostly just thinking out load
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Re: mine Bitcoin with a high end laptop
by
floridaman86
on 07/01/2025, 20:04:38 UTC
ok, but could you install an ASIC chip into a desktop/laptop computer and then mine?
If I'm not mistaken, its really all about the chip right? Everything else, the graphics card, hard drive etc.. don't really matter.
Yes it's all about using an ASIC chip. No you cannot just install one in a laptop as most are not made to be modified in any way. Hell, with some you cannot even add memory to them...

The only thing you can do is use the laptop as a controller by installing cgminer on it and then use it to control an external miner such as one of Sidehacks USB stick or pod miners.

what about a desktop computer? would that work?