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Showing posts from April, 2021

Dollar-Cost Averaging (DCA) vs Buying the "Dip"

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Hi all, I have been learning about Bitcoin for the past few months and am trying to figure out the best investing strategy for myself. As an experiment, I analyzed and compared two strategies, DCA and Buying the "Dip" and I have some interesting results that I wanted to share with you guys. Disclaimer: This is not financial advice but for educational purposes only. Period : Between April 2020 and April 2021. Strategies : DCA (weekly on Wednesday, bi-weekly on Wednesday, monthly on the 1st): Total $800/month Buying the "Dip:" I define the "dip" here as when the price of Bitcoin drops to a certain threshold after its most recent all-time high (ATH). For all the periods that I am not investing, I am simply accumulating my USD. I am assuming that I will be able to add to my fund $500 twice a month, on the 15th and 30th. My investment fund will be divided into three parts and it will be invested as follow. I will invest 1/3 of my fund when BTC dro

Australian stock exchange (ASX) set to launch a Bitcoin ETF this year.

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Daily Discussion, April 30, 2021

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. submitted by /u/rBitcoinMod [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3vtj1xY

Many people are waiting for Bitcoin to drop before buying. But remember, there will only ever be 21M BTC. There are 46M millionaires in the world, and 8 billion people. So far the best strategy with BTC has been to just buy it and wait. Some people like to dollar cost average buy purchasing a steady

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​ https://preview.redd.it/6inelcz9m8w61.jpg?width=1080&format=pjpg&auto=webp&s=6c1ca72959e6621becdcb75a2170aeebd0708f19 submitted by /u/cryptogur [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3vAc0eX

Does Bitcoin have longevity?

It seems like bitcoin is becoming more obsolete as blockchain technology progresses. If BTC transaction fees will only get higher and the blockchain more congested, is it inevitable that BTC will be replaced by a different coin as "digital gold". If the idea is simply a store of value, surely something better will or already has come along. Is the fact that BTC is already #1 the only thing increasing its value? Just some speculation Edit: I have a better understanding now. Thanks to all who gave me constructive feedback. "the best way to get the right answer on the internet is not to ask a question; it's to post the wrong answer." submitted by /u/DEV-Man123_ [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3u5WWoJ

Do you guys see bitcoin as a store of value or as a currency?

do you think btc is a store of value (Like gold) or do you think eventually it will be used like a currency? Are bitcoin transactions to slow and expensive for mainstream currency adoption? submitted by /u/jackearlesfl [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3vBzn7X

Anyone recommend Kraken?

Newcomer, saw the FAQ but also read Krakens trustpilot which was not that great. Can anyone back them up? submitted by /u/manlikebalo [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3u8fWDb

2FA App Should Be Required

So I just wanted to share something that happened today when I was leaving work. I am leaving and my phone doesn't have a signal and says something about the sim card. I restart it, and still no signal. Now I'm like great my sim card is broken. (not the first time I have had an issue like this) I go home and see someone logged into my email and reset the password. They also tried resetting my Coinbase password too. Now I am like great I am getting hacked. I lock down my email and lock down my Coinbase account. Turns out the only thing that saved me was my 2FA app like Google authenticator. I have heard the stories about people getting their phone number stolen but I never thought it would happen to me. A little back story: I don't usually leave it on the exchange but I am getting a different hardware wallet and sell a little. I don't like keeping my money on the exchange because like everyone here says if you don't hold the keys it is not your crypto. ​ TLDR:

idk about you guys, but I grew up in the ghetto. Knowing those I cared about & grew up around were destined to work until their dying day or end up in jail out of financial desperation causing them to steal or run a nefarious business kept me from ever being able to keep my mouth shut about Bitcoin

and cryptocurrencies in general. Instead, I spent the last 10 years telling and gifting Bitcoin and other cryptocurrencies I saw promise in, to all those I cared about most. That one drug dealer-like trick has gotten everyone I cared about most on board in the last 10 years. So for those who are telling those they care about crypto for the same reasons, I say speak on, gift on; otherwise, those at the bottom we were born with will stay at the bottom if we don't give them a little push. ​ For anyone asking how you can gift Bitcoin or Cryptocurrencies to someone without a wallet, well for me I usually tell them to check their email for a Bitcoin gift I sent them. On Coinbase you can send it to someone's email. The owner of the email will receive an email letting them know they have some cryptocurrency waiting for them. Once they open an account, whatever you sent them will be propagated on it. If you know of any other options like this, please let me know in the comments and

New addition to my desk

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If we close the month with 58.7k usd, it will be a historical moment for bitcoin with 7th green candle close

Base on Coinbase BTCUSD chart, a 7th monthly green candle never happen before in the history of bitcoin. What will happen if we print a 7th green candle? submitted by /u/einnor88 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3aIS3un

Daily Discussion, April 29, 2021

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. submitted by /u/rBitcoinMod [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3aMWy7b

Top Bitcoin Whale Addresses Have Cumulatively Added 90,000 BTC ($4.92B) Since April 5th

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submitted by /u/BrianAtSantiment [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3nHdph7

Proof of Concept: Midwestern Us Car Dealerships Taking Bitcoin as Payment

Title says it all - multiple car dealerships in Midwestern United States now accept Bitcoin as payment. Private industry accepting crypto for such large purchases is quite the bullish signal in my opinion. HODL and live well everyone! Love the motivation and support everyone offers in this community. submitted by /u/WrkSmartNotHard [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2R2EJKh

Tesla’s Bitcoin Stash Now Worth $2.5 Billion, SEC Filing Shows

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submitted by /u/SilverShow [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3vpGTm4

A Tesla Theory

So, when I first heard of Tesla selling 10% of their Bitcoin stake, I was conflicted and didn't know how to take it. This was even after seeing Elon's Twitter response stating that this was proof of liquidity. I slept on it. I do my best thinking while sleeping. And I woke up without conflict in my mind. In fact I was quite excited (no, not in that way!). Here's my theory: Elon is a very, very smart man. In 2018, he negotiated with the board a compensation plan that included no salary but provided for the option to acquire Tesla shares based on a schedule that includes 12 tranche's that are unlocked based on Tesla's performance. Upon unlocking the final tranche, he would beneficially own (including shares he already owns) 28.3% of the outstanding TSLA shares (~$188Bbased on today's prices!). Now Elon has basically met these requirements, the biggest goal was to get TSLA to a $650B market cap, and they're at $666B now. To unlock the remaining 6 tranches,

How market cap works, and the reason Bitcoin will DOUBLE in price overnight. (HODL)

Earlier today I read Lyn Alden's article about how market caps and the price of an asset is set: ( https://www.lynalden.com/market-capitalization/ ) The tl;dr for the article, is that for a one trillion dollar asset to go to two trillion dollars, and by extension DOUBLE in price, an additional one trillion dollars of fiat does not need to flow in. It is possible that only 10B of fiat could flow in, and the price and market cap of Bitcoin could potentially double . The only thing that matters is the price that people are willing to sell, and the price which people are willing to buy. What is going to take us to $100k+ in 2020 is likely to be a sharp move upwards, instead of a slow crawl like we have been experiencing. How you might ask? Suppose a traditional mega-corporation like Wal-Mart, a sovereign wealth fund, or a central bank in came out and announced that they now had a Bitcoin position. Almost immediately we would see a massive price appreciation which could be upwards

Hacking challenge with a 1.7M satoshi reward

I'm working to develop an algorithmic code methodology which will be "easy" to code and arbitrarily difficult to hack. My ultimate goal is to provide a framework to create smart contracts without a need for anything like the Ethereum blockchain. In order to test this I provide hacking challenges with BTC private keys embedded in hackable lock boxes. My latest challenge is labeled 4.0 and you can find all the details here: https://algomachines.com/ Reports on many past challenges are available at this website as well. submitted by /u/cryptocomicon [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3aNpnAa

Just made this unbreakable bitcoin sign for my store! What do you guys think?

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submitted by /u/DMMeYourBTCAddress [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3vpzJ1e

Visualization : THIS IS ONLY 0.91 BTC!

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submitted by /u/parker7091 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/32UEeEK

So you think you are late to the party?

https://www.bbc.com/news/technology-56844813 Push the button "Show Comments" Try to find the positive one and then consider from the other comments who is the man reading the technology section on BBC.com who takes some minutes from his precious time to warn the world about this dangerous ponzi scheme/tulip mania. And then, consider who are the other people NOT reading the technology section on BBC nor anywhere else. If you are here, reading this line, you are a pioneer! “Think of how stupid the average person is, and realize half of them are stupider than that.” ― George Carlin submitted by /u/goodbtc [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/32XoX65

Major Venezuelan Aviation Academy Enables Bitcoin Payments as Crypto Adoption Keeps Rising in the Country

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NEXON just announced they are holding Bitcoin on their balance sheet...

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Tesla Selling Bitcoin is Actually Bullish AF

A ton of people in the chat were losing their minds yesterday and the whole chat went from talk of hard, immutable, decentralized, trustless, non inflatable, peer to peer money to "oh mr rich billionaire please buy back your bitcoin" as if we need the elite to buy bitcoin in order for bitcoin to be successful. When in reality the elites just saw why they need to buy bitcoin in order for their own businesses to be successful. So in this post I'm telling you guys why Tesla selling their bitcoin actually just made a bunch of CEOs and high net worth individuals realize that they need bitcoin and why this is actually really bullish. So Tesla sold 10% of their bitcoin and this is actually a good thing because the reason they bought it in the first place was to be a store of value as opposed to the usual parking place for corporations money which is treasury and corporate bonds. This is one of the first steps of many on the road to bitcoin disrupting bonds. We're talking a

Tesla’s “Master of Coin” explaining their Bitcoin position during the Q1 earnings call *AUDIO*

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BREAKING: @Nexon_America purchases $100M worth of Bitcoin.

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submitted by /u/ohnoh18 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3vmNePe

Asian Video Game Publisher Nexon Buys $100M in Bitcoin

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submitted by /u/pomfritko [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3aGXZ6T

Young Koreans Turning to Crypto as Alternative for Creating Wealth

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submitted by /u/FMEX_PH [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3dZdxFg

Got my dad off zero

He bought a big position in February and has been adding to it every payday. In the last week: He BTFD. He stopped considering his GBTC real Bitcoin. (He’s selling the GBTC in September when we anticipate a blow off top.) He just secured a loan that will allow him to hodl what he has and buy more BTC. He traded his car in for an older model + lower monthly payment (if you knew my dad, you’d know this low-time preference move is WAY out of character for him). We’re setting up his hardware wallet on Thursday. Consider me a proud Bitcoiner son! submitted by /u/jankis2020 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3dVm7Vp

Thank You: Yesterday 1920 pounds (871 kilos) of Food were given to people in my community in Venezuela.

Meal Venezuela is now one month old, and for now we've delivered 3,3 tons of food to people in need in Venezuela to help them, specially to older people, women and children, who are unable to work and are suffering the impact of the humanitarian crisis that has affected our country for years now. The project has received a lot of funding through Bitcoin. Bitcoin has helped us a lot, as people have send BTC to us to buy food to people in our community. We can only be grateful to everyone of them who have also shared our tweets and our website. Some pictures from yesterday :) https://i.redd.it/tayduycboqv61.jpg https://i.redd.it/bqjzyncboqv61.jpg https://i.redd.it/pyai3qcboqv61.jpg https://i.redd.it/7hal6pcboqv61.jpg https://i.redd.it/72yvnycboqv61.jpg https://i.redd.it/ybbw9pcboqv61.jpg https://i.redd.it/6wii8ocboqv61.jpg https://i.redd.it/4bxnuocboqv61.jpg https://i.redd.it/qqp3ipcboqv61.jpg submitted by /u/CaracasGirl [link] [comments] from Bitcoin - The C

Coinbase has my funds in a second "vault" that their interface no longer allows me to access.

Customer Support proposed solution then stopped responding after I completed my steps. Anyone figure out a solution? I've also messaged the official user here on reddit, with no reply. submitted by /u/SideMountRestriction [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3dXSeUt

This is why I won't sell any of my BTC in this bull market

I do not need fiat right now, actually I am buying a house but the interest rates are so low (0.39%) that I would be crazy not to take out a loan. Other option is to sell high and then buy back at lower price. But then I have to perfectly time the top and again buy the bottom. I have to be right 2 times which I believe is not possible. In addition I have to pay 39% tax on capital gains so i have to wait at least for 40% dip to have the same amount of BTC as I started with. And who knows how low will it go in this cycle. The last reason is that I believe this is my once in a lifetime opportunity to FIRE. submitted by /u/murdocsvk [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2R3ejrX

Elon did not sell any BTC, on a personal level. Also confirms he HOLDS BTC.

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submitted by /u/CryptoBFC [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3xtim19

Daily Discussion, April 27, 2021

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. submitted by /u/rBitcoinMod [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3dUiqzl

Lily Allen is £9.6 Billion Poorer As She Declined a Performance on Second Life for 200,000BTC in 2010

She was offered a chance to do a presentation on Second Life for "Hundreds of Thousands of bitcoins" which one paper reported as being 200,000 BTC, but she declined as they had no commercial value back in 2010. She hasn't released what the actual figure was, but it'd be at least 200k BTC. If only she did the performance and held on to them, today she'd have been richer than Queen Elizabeth, with a fortune (of at least) £9,600,000,000. Poor lass! submitted by /u/sc3nner [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3sVqx39

My friend wanted to buy bitcoin but was too scared so I just bought her $100 of bitcoin as a birthday present !

submitted by /u/lianagolucky [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2R3WPLL

Surf Town In El Salvador Steers Towards Bitcoin-Based Economy

submitted by /u/a_hi_lawyer [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3sSF5Af

Tesla loses a ton of money selling cars but makes it all back on bitcoin and tax credits 🚀🚀🚀🚀

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submitted by /u/Crafty_Supermarket15 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2QYPL39

Looks like somebody has a case of the Mondays :)

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submitted by /u/satsoft [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3npLTEH

Yesterday I purchased an additional 0,01 Bitcoin for ~$495 in cash at an average price of ~$49.500 per BTC in accordance with my HODL Strategy.

I'm doing this right Michael Saylor? submitted by /u/DestructorEFX [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3gIdgbI

A very bullish note from a Tesla executive on Bitcoin during today's Tesla earnings call

To paraphrase, this is what he said: "We were looking for a place to store cash trying to get good returns while also trying to preserve liquidity. The traditional options we looked into had low yields and involved taking some risks or sacrifice liquidity. Whereas with Bitcoin, we are pleased with the liquidity in the market and it was a good decision to buy Bitcoins. We are optimistic about Bitcoin for many reasons and it is out intent to hold our current Bitcoin position and continue to accumulate Bitcoins from customer transactions as they purchase vehicles." submitted by /u/cryptosp [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3sPlxwV

How to compile a bitcoin node from source in Ubuntu.

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submitted by /u/taprooooooga [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/32N6TeX

Daily Discussion, April 26, 2021

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. submitted by /u/rBitcoinMod [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2RUQ2Vc

The dip might be in gentlemen, and a breakout might be right around the corner. If the pattern holds, then we can potentially see a 70k ₿itcoin in the next 15 days.

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submitted by /u/ShldVBoughtBitcoin [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2Qngjvb

The best Bitcoin Exchanges according to TrustPilot

The subreddits of the larger exchanges are littered with requests for support. Luckily I haven't had my assets locked up yet anywhere, but this is an experience I don't want anyone to have. That's why I wanted to get to know which Exchanges offer the best support. Most "review" sites are just sponsered advertorials, that's why I decided to "crowdsource" the ratings to get info about real experiences. TrustPilot reviews seemed best for this. Selection criteria to be on this list: Be in the top 100 Central Exchanges of CoinMarketCap Be in the top 200 Exchanges (Central and Decentral) of Coingecko Have 50 or more TrustPilot reviews Afterwards, for every exchange with a 4.0 or higher, I checked the source of their reviews, and applied some common sense to see why people were leaving reviews. Half of the top 8 mention an obvious airdrop for reviews or getting free Bitcoin after reviewing. According to my research, the winners for good support

Bitcoin @ $200K

I just read on Twitter that when BTC goes to 200K, half the billionaires in the world will be BTC billionaires... Somehow this feels surreal to me, how does everyone else feel about this lol... submitted by /u/sk345au [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3viEDNp

“We just change the banks balance on the computer” what could go wrong?

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I want to thank everyone in this community who opened my eyes to a whole new world of currency while i still adore the paper money I now know how to invest and hold on crypto

submitted by /u/999kingkingking999 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3ezGYwE

🥱Here we go....could we have an all time high? $69, 70 or 75K🤞

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submitted by /u/AlexForeroHB [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/32Ki8Vo

Is it really a Ponzi scheme? Think again!

Old school people say Bitcoin is an ‘open Ponzi scheme’. However, I think fiat is the true Ponzi scheme. Bitcoin is a race and the last person to get in is the one that ends up holding the fiat bag, the bag full of shit crated and manipulated by governments. Governments can try to manipulate Bitcoin, by the media or large volume but at the end it is not a sustainable method of control. That only shakes out people that don’t understand money. Of course, I could be wrong and one day I’ll end up without any fiat left in my bank - For the worst or maybe, just maybe for the best submitted by /u/Kind_Essay_1200 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3sSS8BI

“The FDIC never goes broke, we are backed by the US government” -60 Minutes

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Bitcoin Snaps 5-Day Losing Streak, Climbs Above $52K

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submitted by /u/FMEX_PH [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3nmhLdl

Advice to newcomers (from a newcomer)

I've been seeing a lot of panic posts following the dips and here is a little trick that I have picked up that you might of heard of before; simply remove the apps that allow you to stare at the price. The numbers will drive you mad. Store your shit safely in a wallet and go on about your life. Spend time with your family, jerk off and breathe. You got into this for wealth and it won't happen overnight. Give it time and trust the process. Crypto is a rollercoaster but zoom out and you'll see that no matter what, youre in the right place. submitted by /u/mommymilk3r [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3xiuMcp

Let’s all remember Ben Lawsky. The scumbag who set up all of the New York regulations and red tape, just to set up his own shop in the private sector “advising”

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submitted by /u/NoHedge_H-O-D-L [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3njJD1s

First time buyer.

So I’ve always wanted to invest and never had the money to do so. I bought my 1st part of Bitcoin at 64k only 300. A few days later it dropped and at first I was a bit scared but tbh. But after seeing everyone’s post here the veterans i took it as a guidance and I bought another 300 to hold!just a little bit ago I saw it was back to 48k and I did another 300 more and from now on every paycheck I’ll be put 300 no matter what it is at! So Thank-you guys for your advices even if the price drops the amount of bit in my wallet will stay the same. Not scared of the prices drop I just see them as opportunities to buy it cheaper so from the bottom of my heart thank you all for the advice !!!( sorry for typos or anything on my phone as well) submitted by /u/Ill_pick_later [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2RZ9Uqh

I know there’s probably a bunch of posts like this and it’s annoying as hell, but I feel like some people need to hear this, for those who don’t, please excuse me for adding to the bullshit.

Timing the market is impossible Selling on corrections is a great way to lose all your money quick Corrections are completely normal in every cycle and this won’t be the only one DCA as much as you can afford Historically, Holders are the wealthiest Historically, Panic sellers get divorced and move back in with their parents Which side of history will you be on...The pizza guy or the balls of steel who retired 20 years early? submitted by /u/Accomplished_Dig_247 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2S4oXz6

I had an epiphany...

I've been in crypto for over 5 years. Either buying, selling, HODLing, swing trading, mining, staking or whatever else you can do with it. I have also been active in the stock market. Buying, selling, options...you name it. Added to that, I have more than a few rental properties so I'm not exactly new to real estate. I've spent quite a bit of time lurking in the bitcoin and cryptocurrency subreddits as well as the options, stocks, wallstreetbets and yes, even GME subreddits. After having spent so much time in those subreddits, it hit me like a ton of bricks today... The whole financial system is broken. It is a rigged and broken system that heavily favors those that already have the money and power. I know you guys and gals probably already knew that, or at least suspected. I fall in that suspected category of people, but I never really put much thought into it. I just figured that I would work hard and try to do enough so that I could take care of my family and have a

Daily Discussion, April 25, 2021

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. submitted by /u/rBitcoinMod [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3vgeY7X

Boomer Bullshit

Someone missed out https://cryptoslate.com/bitcoin-is-an-open-ponzi-scheme-says-black-swan-author/ submitted by /u/DeadPrezFolder [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3tR4EmO

I’ve heard people say the transaction fees for Bitcoin are high. Who does that money go to, and how?

I know it’s a bit of a rookie question but I can’t be the only one who is curious about this. Thanks. submitted by /u/maxwelder [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3aCqwKR

Bitcoin's Hashrate and Mempool back to normal

Hashrate https://www.fork.lol/pow/hashrate Mempool https://www.blockchain.com/en/charts/mempool-count Anti-FUD bonus: BBC: "Jack Dorsey and Elon Musk agree on bitcoin's green credentials" https://www.bbc.com/news/technology-56844813 submitted by /u/simplelifestyle [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3tOUcw9

Coins moved from address 1MbtH87mjZXXFuMpuuHy2xfP31MiTiB1HL

Message to the owner of funds once stored on address 1MbtH87mjZXXFuMpuuHy2xfP31MiTiB1HL. You have used a guessable password to secure your coins (brainwallet; passphrase starts with "in"), so I have moved the coins to a secure address bc1q7zqu8yyn48az0aayakxuhmphtnfy3rm4m4r36h. If you still own the private key to your address you can contact me and I will send the funds back to you. Send me an email to my contact email address 6b2b26bb7a08f6255381fe6100f6662a291ff488cd3e2f8056af46f930dec317 My contact email address has been encrypted with AES encryption and you can decrypt it with your Private Key WIF (the one that starts with "5Kbg"). A short manual how to decrypt the contact email address: use an online service like https://www.javainuse.com/aesgenerator encrypted text: 6b2b26bb7a08f6255381fe6100f6662a291ff488cd3e2f8056af46f930dec317 Input text format: HEX Mode: ECB Key size in bits: 256 Secret Key: first 32 characters of your Private Key WIF (the one th

If only I remembered my private keys from Silk road!

I really wish I remembered the keys to all the wallets I used back in 2012 yo access silk road. I would have several hundreds of thousands now! submitted by /u/Crafty_Sale_5945 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2QlQnjB

No one in the history of bitcoin has ever lost by holding

Don't forsee that changing anytime soon... submitted by /u/AndEllie [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3azNNNO
That's all. <3 Big hugs. XOXO submitted by /u/Herzhell [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3tQekxS

Reading "The science of getting rich"

“When the supply of building material is exhausted, more will be produced; when the soil is exhausted so that food stuffs and materials for clothing will no longer grow upon it, it will be renewed or more soil will be made. When all the gold and silver has been dug from the earth, if man is still in such a stage of social development that he needs gold and silver, more will produced from the Formless. ” Did Wallace D. Wattles predict cryptocurrencies in 1910? submitted by /u/Ronald972mad [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2Qsin4Q

Daily Discussion, April 24, 2021

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. submitted by /u/rBitcoinMod [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3sK1ekh

Ok Asian market. Don’t disappoint me tomorrow when I wake up

It’s in your hands now submitted by /u/Longjumping_Cry_596 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3eq0w6N

The day before MicroStrategy first bought Bitcoin (August 10, 2020) was the last day gold traded above $2,000/oz. It's down ~15% since then. Bitcoin is up 5x.

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submitted by /u/undertheradar48 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3vgHeaF

Bitcoin encourages hard work

Even though I work as an engineer and make a decent living, I am going to work this weekend washing windows to make extra money. Why? Because I want to make extra money while Bitcoin is cheap so I can buy more. Why? Because I want to buy an honest currency that can’t be inflated into oblivion by some bloated inefficient government or central bank.I want to provide for my family the best I possibly can because I love them. Bitcoin is a hard currency that I believe in. It makes me want to earn more, save more, and work harder. Bitcoin is awesome! submitted by /u/Milkshakebuckaroo2 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3nh3Hl3

HODLing is freaking hard for normal people. Long time HODLers are not 100% luck.

HODLing is not easy. It's a combination of ball of steel, constant research, and self-belief - continual defy all the urge to sell from friends and family. Long time HODLers are not 100% luck. submitted by /u/thanatosvn [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3vdDYNg

Bitcoin sprite by me

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submitted by /u/KittaroArt [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3evVoOv

The guy in this article looks at BTC exactly how someone from the 1920s would have looked at the Visa network if you explained it to them years before it started.

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submitted by /u/CrownonTHErocksJ [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2RUR6s9

Oh no!!! The price of BTC is dropping because of this and that. Who cares? I sure don't, because I am betting on the potential of Bitcoin as a medium of exhange in the long term.

I love how people don't get that many are super long on Bitcoin because they understand it will be how money is commonly exchanged in the future. It's not just speculative. There is no central authority and no one single company pushing it, so yes, so the development of payment networks, apps, infrastructure, and so forth is taking a while. Look at innovations like SegWit and the Lightning Network. These are only the beginning. The improvement of renewable energy should help with mining as well. As Mark Cuban put it, Bitcoin will reach the masses when it's so easy your gma could use it. Well, it's taking time, but the technology that will be behind bringing Bitcoin to the masses will be no more complicated than the technology behind paying with a debit card at the grocery store. You just don't think about it because they have boiled a system that reads a chip and then instantly transfers funds from your institution to another across hundreds or thousands of miles d

ONLY half way to the top of this bull cycle. 188k

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submitted by /u/pawpex21 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3ngSCAt

Comedian / Libertarian Candidate Dave Smith gets it.

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submitted by /u/NoHedge_H-O-D-L [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3tZXHjv

Nigerias P2 P bitcoin trading has INCREASED 27% since the CBN and the government banned it. I THINK THATS SO FUCKING BEAUTIFUL!! One more plus for bitcoin... cant be stopped by authoritarian rulers❤️❤️

submitted by /u/Revolutionary-Work-3 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3sKlBxW

Today I found a Bitcoin buying station at the Shell gas station (1199 S PINELLAS AVE, 34689) in Tarpon Springs Florida.

submitted by /u/Accurate-Magician741 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3axYL6s

The non-existent energy problem of bitcoin.

I get downvoted so many times on other sub reddits explaining that the energy usage of Bitcoin is not all that bad. Even if people do think it is bad, there is a "solution" to this non-existent "problem". ( https://github.com/ARKInvest/SolarBatteryBitcoin ) What do you guys have to say about it? The lightning network was the solution to the slow transaction speeds. There are obviously going to be ways to fix any so-called "problems" that will come up in the future with bitcoin and other cryptos. submitted by /u/superm8n [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/32WcWy1

Bitcoin explained

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submitted by /u/No-Wish-6455 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3sM5iRg

If you're panicking about the dip give this a read! Posted 2 months ago and is pretty much spot on with what's happening!

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submitted by /u/yamumsaslag [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3nfcq7f

So I decided to finally spend some Bitcoin seeing how easy it was to buy something at Lowes using the Gemini Pay app

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submitted by /u/Kjlimo [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/32HKIql

Whenever the banks throw dirt on Bitcoins name for money laundering, just play this clip.

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submitted by /u/NoHedge_H-O-D-L [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3gxh5jD

Sub $50k?

Just scooped up some BTC at $49.9k! Wow! So many good things happening and such a bright future, can’t imagine wanting to dump BTC now - but I am thankful someone wanted to sell. Thank you for your contribution. submitted by /u/astockstonk [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3tIExOU

Stay Strong Everyone! Hopefully dips are fine :)

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I noticed that bitcoin drops have been happening almost every end of the month, then they go right back up again! Hopefully this is just the pullback we need to shoot for the moon! Stay strong everyone! :D https://preview.redd.it/4z416b6cutu61.png?width=1744&format=png&auto=webp&s=45b37f97a838883852bf69eb69abd3426d748c66 submitted by /u/baNINAsplitt [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3dIl6A9

Apple a day keeps the doctors away and not looking at your portfolio for a month keeps the heart rate stead...ay

First off I’m not a poet. 2nd: if Bitcoin crashes back down (in the off chance) then that’s what you signed up for. If you can’t handle the swings then sell now because it’ll honestly save you a ton of emotional trauma. But for the other 50% of the people who’ve been here since the previous crash (myself included), this isn’t a predictable thing, it’ll do what it does and we just tag along for the ride. If someone even mutters the words “price prediction” take your wife and your children, and run the other direction. No one knows where bitcoins going to be in 1 month let alone a year. So sit back, buy the dips if you’d like (that’s what I’m doing, averaging has done more for me than anything else) or dont, just chill. submitted by /u/TimmysToeBeans [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3vjkwyR