August 14, 2022
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Bitstamp introduces ‘inactivity fee’ to shore up income

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Crypto trade Bitstamp has introduced it should begin charging an inactivity price of €10 per thirty days from August 1.
The put up Bitstamp introduces ‘inactivity price’ to shore up income appeared first on Cryptonomie…

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What did you do within the 2022 bear market, anon? For one Bitcoiner, the chance to tackle a second job to “stack sats” (purchase extra Bitcoin (BTC)), was too nice. Isaiah, the founding father of the Cleveland Bitcoin Meetup, is delivering meals to Ohio residents to earn money on the aspect.Isaiah instructed Cointelegraph “I joined DoorDash 2 years ago. But I only recently started doing it again once the price fell into the 20[K]s.” DoorDash is an American meals supply service (much like Glovo or Deliveroo), the place riders choose up meals from eating places to take to individuals’s properties. Isaiah “originally joined DoorDash to make extra side hustle money,” however he’s now making roughly “36,000 sats per order” ($7) as per this tweet:Making roughly 36,000 sats per order. The journey of doordashing after work till we’re again above the 200-week continues! #Bitcoin pic.twitter.com/nBU2rZPz9S— ₿ Isaiah⚡️ (@BitcoinIsaiah) June 27, 2022 For Isaiah, who is aware of a factor or two about being underwater, because of coaching as an open water diver— the “price levels are too great not to stack more.” Driving for DoorDash compliments his full-time job as a software program developer to avoid wasting extra in Bitcoin. He instructed Cointelegraph:“When Bitcoin is back above the 200 weeks, I’ll likely stop door dashing and continue stacking Bitcoin with my regular day job. Doordash is just extra sat stacking money for me.”The worth of Bitcoin has languished below the 200-week shifting common and the $20,000 worth stage for weeks. The Bitcoin worth is below the 200wSMA (blue line) and has been because the thirteenth June. Source: Trading View He shares the identical view as former congressman Ron Paul, that “Bitcoin is money,” and because of its deflationary provide schedule, it’s additionally a financial savings know-how. Natalie Brunell, the host of Hard Money, shares the identical view; Bitcoin can protect time and wealth: “Bitcoin is my money. It’s what I save in (and occasionally spend). Being able to store the value of my labor outside the control of any corporation or government is incredible.”Related: Trader puts faith in crypto despite the failed first investmentAs for beating those bear market blues, Isaiah organizes and attends the monthly Bitcoin meetup in Ohio while sharing Bitcoin-related advice for readers:“For all the people getting caught up in the price. Focus on your Bitcoin stack instead of the fiat price. Seeing the amount of sats you own go up will help keep your mental health better during these rough times.”Looking after psychological well being is especially pertinent. Despite Jim Cramer, who lashed out by saying that crypto has “no worth,” here’s a Bitcoin meetup held at a wildlife park.

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