They keep printing. I keep buying btc.
https://ift.tt/3dsKoB4 Submitted March 31, 2021 at 09:31PM by Payn3full https://ift.tt/3dhvRIc
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Showing posts from March, 2021
BlackRock, one of the world's largest asset management companies, has announced an investment in Bitcoin (BTC)!
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TIL never ever tell someone about your bitcoin
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I met a random guy recently and we talked a little bit about random stuff. After a while he came up with Bitcoin and asked me about my opinion. I told him that I own Bitcoin but not the exact amount. Anyway, it turned out that he had a certain level of criminal energy and had a ton of crimes convicted over the last years. Conversation went like: "I'd never harm somebody, you know that. But if I could make some fast money I'd get my guys, kidnap you and cut off your fingers until you tell me your seed". We had some beers and continued with some different shit. But right now I am searching for some self defense tools. I've never felt so uncomfortable. Hope things will not get ugly. Here is my advice: No matter how much you love the technology or how badly you want to share your Bitcoin story: Don't tell someone unless you are not 100% sure that he is trustworthy. Don't be foolish like me. Submitted April 01, 2021 at 12:57AM by Freefall101 https://ift.tt...
Warning! Baby boomers are ready to enter the market!
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https://preview.redd.it/y4c2947qgcq61.jpg?width=1280&format=pjpg&auto=webp&s=ed02459c1f8775447322eedbd6f0c5fabd123292 A longtime Bitcoin bull and the founder of Galaxy Digital Michael Novogratz spoke about Bitcoin's future. He explained that as cryptocurrencies become more widespread, rich baby boomers will be the next generation to come to the bitcoin market. “It could be as much as a trillion dollars comes over the next year from that giant group of wealth." - declared Novogratz. Baby Boomers are those who were born around the end of World War II until the mid-1960s. They were the main beneficiaries of the massive stimulus packages that pumped asset values in the wake of the 2008-2009 global financial crisis. Many of them see bitcoin as an asset that can significantly increase its value, as well as protect their savings from inflation caused by the massive printing of money. "If you’re worried that the U.S. is printing too many dollars … you’r...
how to turn 0.6 btc into 100usd.
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a little story - it might help you. in 2018 i bought 10,000 smartcash (SMART) for 0.6btc (worth about 5,000usd) to run a masternode. some time after they decided to scale up the required amount to run a masternode to 100,000 smart. today i own 15,000 smartcash thats worth 100usd. dont buy shitcoins. dont invest in masternodes. dont be like me. Submitted March 31, 2021 at 06:34AM by ohyeahmofos https://ift.tt/3rIMOAE
I'm going to buy $1000 in BTC and basically forget about it for a long time and cross my fingers and hope for the payout down the road. After purchasing from an exchange like Coinbase, just move it to a wallet, correct? Sorry in advance for the dumb question.
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If I was a gold bug I'd be so angry about bitcoin. This is the transition they've been living for all these years and #bitcoin showed up right before the finish line and stole the show. You gotta get past your anger though and accept reality or you'll suffer needlessly.
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Showerthought: Elon Musk should shoot a titanium plate with the private key to 1 BTC to a random location on Mars.
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For those that havent seen "Bitcoin Billionaire" This was made in 2017.
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'Stalled bull market': Gold price caged between $1,600-$1,900 and bitcoin is to blame, says Bloomberg Intelligence
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Coinbase ordered to pay $6.5M fine for being caught running bots to manipulate crypto prices on their platform.
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PayPal announced today that it shall allow US customers to pay with cryptocurrencies throughout its worldwide retailer network. The company will charge no transaction fee to checkout with crypto and only one type of coin can be used for each purchase, it said.
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Miami Mayor wants to turn the city into a bitcoin and other cryptocurrencies mining hub with clean energy
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The guy who sold 10, 000 BTC For a pizza is not retarded. He used it for what it was intended for and helped legitimize the movement
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This guy does not get the respect he deserves. Every time someone talks about purchasing with bitcoins, everyone just says ‘I don’t wanna be like the guy who bought pizza with his bitcoins.’ Did anyone know bitcoin was going to be worth 60k 10 years ago? Fuck no. This guy normalized paying with bitcoin so other people could take it seriously, and here it is years later performing stronger than most fiat currencies. Satoshi nakamoto created bitcoin with the intention of replacing the centralized monetary system. Give the pizza lover the respect he deserves. Submitted March 31, 2021 at 07:52AM by aquamanjunior https://ift.tt/3wbovhX
Bitcoin was $29,000 Jan 1st. We’ve seen a 100% increase in a single quarter.
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Bitcoin has Won over Institutional Investors: Could Governments be next
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I tried to tell him just HODL bitcoin, don't make this hard.
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Friend I met here on reddit. Had a bunch of money in bitcoin last year. I told him not to do it, but he sold it ALL.....for EOS..... He held EOS for like 6 months from july 2020 till roughly late February of 2021(EOS price has barely grown 100% in 6 months which is terrible for a shitcoin). Bitcoin hit $57K, he thought it was the top. Sold ALL his shitcoin EOS when bitcoin hit 49K during a brief dump. He thought bitcoin was "old and slow". I told him it was still the undisputed,uncontested king. Then he REALLY FUCKED UP and shorted bitcoin at $47K...... Don't be like him, sell shitcoins, HODL Bitcoin. Don't short bitcoin. Submitted March 30, 2021 at 06:35PM by Nossa30 https://ift.tt/2PEKwVF
The Launch of PayPal's Crypto Checkout Service is Imminent
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Knowing When to Buy the Dip - If you're thinking about selling right now DON'T & Why you shouldn't
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Ok ladies & gents, To some, this recent pull back might look like a repeat of the correction after Elon's candle but it's not. Here's why: Adoption is increasing (Visa, MasterCard, Tesla, Square, PayPal, JPM, GS, BNY, BlackRock). All of these companies don't mess around and are all taking action towards adopting crypto. Inflation - Do I really need to explain this? Go look at the M2 money supply or the price of any commodity over the last year and you'll get the picture Interest rates might be increasing but they can't go that high. Look up Operation Twist for more info, this is a can of worms I don't want to open right now but basically short-term rates are going up for the near future and long-term rates will go down incentivizing long-term investment in the economy. This will balance out over time and people worrying about rates jumping shouldn't because it would literally break the entire world economy if you don't believe me refer to ...
Morning Brew have replaced Gold with Bitcoin!
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From today’s newsletter... “ Today, the Brew unveiled a brand new design for our Markets section with some pretty big changes. So before we get into the day's business news, we wanted to provide a little insight into why we made the switch. From a graphics POV, we got rid of some unnecessary white space so that, with just a quick glance, you can tell if indicators moved up or down. You also probably noticed that we removed oil and gold. In their place, we added 1) bitcoin and 2) a "flex" spot, which will allow us to showcase any security—whether it's a tech stock, oil, or dogecoin—that made an interesting move the previous day. Today we picked JPMorgan stock because of the turmoil around the banking sector.” https://ibb.co/ZVXfmnW Submitted March 30, 2021 at 03:53PM by Takingthenarrowgate https://ift.tt/3wmabU6
Having invested in Bitcoin for 4 years, the gain I have made is more than 2x the net take-home pay for working for 9 years.
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Updated background financial material about my Bitcoin purchase relative to my salary: In total, I have put in around 3.5 years of my average salary (over the course of 9 years) into Bitcoin. the money did not all come from my salary, as I also invest in stocks and made some gains there which I then put into Bitcoin. This is a very crude estimate. As a side note, I have also invested in alt coins and (stupidly) tried to trade the market resulting in the loss of some Bitcoin (don't ever do that, trust me I now know). That should have caused me another 2.5 to 3 years worth of my average salary but in the above paragraph I am referring to the Bitcoin i bought and HODL, nothing else. Original Post: I believe this should be true for many people, especially if they started in 2017 (even better if started in 2016). Essentially, Bitcoin has earned me double the money within less than half the time, hence it is 4x easier to earn with Bitcoin than going to work. Not to mention Bitc...
Tyler Winklevoss: US government will never ban bitcoin (BTC)
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Fasten your seatbelts: PayPal launches Bitcoin checkout service
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Made me chuckle (spotted on London underground) [Enhance! for punchline]
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Texas Governor Greg Abbott: Count me in as a crypto law proposal supporter.
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Square CFO: "There's absolutely a case for every balance sheet to have Bitcoin on it."
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Each red dot 🔴 represents a headline in the news that called Bitcoin "dead", "failed", or "worthless".
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The Bitcoin Network now transfers $137,000 per second around the world without requiring a bank, government, or third party.
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Storing you BTC very safe: The buttcoin way (not op, ripped from twitter)
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U.S. needs to mine more bitcoins due to national security reasons, Miami mayor says
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Audemars Piguet reply to "when can i buy your watches with Bitcoin"
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Visa to allow payment settlements using cryptocurrency!
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Ark Investment CEO on Bitcoin "1 Trillion is Nothing" compared to future growth
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The Mempool is CLEARING 6 SAT/VB transactions! Move your coin or open some Lightning channels TONIGHT!
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Boomers Next to Adopt Crypto, a Trillion Dollars Could Flow Into Bitcoin Over the Next Year, Says Novogratz
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Galaxy Digital CEO Mike Novogratz has predicted that as much as a trillion dollars could flow into bitcoin over the next year as wealthy baby boomers get into cryptocurrency. With the example of Morgan Stanley, he says that more banks will start offering bitcoin exposure to their customers. Submitted March 29, 2021 at 05:59AM by 1precious https://ift.tt/3csRqX5
Dec. 4th, 2017 Bitcoin closed a low of $11,502. Dec. 16, 2017 it peaked at a high of 19,660. Being wrong by 12 day would have cost you 50% of your gains. You cannot time the top.
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I've been invested since 2011 and the one thing I've learned is in all bubbles a majority of the gains are made at the very end of the cycle. Trying to guess the top is a fools bet as being wrong by a couple weeks can cost you all your gains. Sure Bitcoin eventually fell to as low as 3k but even getting the top right by within a 12 day window is near impossible. Don't treat investments as a get rich quick scheme, the true winners are those who diamond hands hold for decades. When it's your time to retire you can spend your coins just like you would dollars you cashed out. Submitted March 29, 2021 at 06:41AM by icbcrepair https://ift.tt/31uZXSW
100% of People Should Buy Then HODL Bitcoin. That's it.
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The New Zealand Pension Fund announced a $ 17.5 million bitcoin (BTC) investment in October
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if you can’t afford to buy Bitcoin and hold it for five years or longer you shouldn’t buy it
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So I was sitting outside of bench near a hospital
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And a group of four people, it seems co-worker, sat down near me. They started to talk investing and one guy said he invested in stocks. He grew his portfolio within a year from $50,000 to 63,000. I was thinking if I should say that's what bitcoin did within a month, but then decided to not be the stereotypical bitcoin nerd and stay quit. Submitted March 28, 2021 at 05:24PM by LeSpatula https://ift.tt/3u29LQy
Daily Discussion, March 28, 2021
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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 March 28, 2021 at 10:07AM by rBitcoinMod https://ift.tt/2PdzLd5
I have to know, how many of you would ACTUALLY buy a Lambo if BTC hit 500k
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CNBC: Former US Currency Comptroller "The Dollar May Actually Not Be Backed By Anything"
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AmericanAirlines Arena to be renamed for cryptocurrency exchange
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Yall noobs think your gov can ban crypto. Think again.
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This is a rant and I apologize beforehand for hurting feelings and not choosing the best words. I'm drunk and I need to have a word with you noobs. I've seen people discussing the possibility that governments could ban Bitcoin and omg how bad the big gov controls everything! What if they outlaw it? Or tax it? Or regulate it? Or kill the exchanges??? Let me say it clear: most of you cyber noobs have no effing idea what cryptography, decentralized networks like the torrent network, and ultimately crypto currency are capable of. You're thinking in legacy system terms. You're thinking, "Oh no the economic value of my coins can go down because they control the exchanges". You don't get it. Maybe you don't even realize what your crypto actually is. For many of you, crypto is a vehicle to attain more power in legacy meat space. I get it, it's hard to think outside of the box and think beyond your own cognitive barriers. But it's way bigger than wha...
Whenever I feel restless, I just allow the soothing sound of Bitcoin transactions lull me to sleep. BitListen - Bitcoin Transaction Visualizer
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I never ever believe in my retirement fund
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I have worked some 20 years as an engineer. Ever since I started working, I had this gut feeling that I would never get enough for retirement, that there would be depreciation, that the system might collapse. I grew up in a third world country, and I remember my father being VERY upset because of an 80% devaluation -overnight. He had his debts in usd, so we were financially screw. I was very young, did not even knew math, but when he literally eli5 the situation for my, I had complete understanding of the situation. He owe 10 american bananas and needed about 20 local bananas to pay. But now our bananas were cheaper and he needed 100 bananas to pay for the 10 american bananas. And we only had about 30, so we needed 70 extra bananas and that is how my sister, his wife and the girl she find in a forest ended up working in the streets at night, to get most needed bananas for us. Joke aside, I never in my life see my family being so miserable overnight. In 2014, there was "a voic...
Fourth stimulus check: Over 60 lawmakers now support further direct payments to Americans
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I looked into the Schiff Bitcoin bull theory. These are my findings.
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I searched through Peter Schiff’s entire history for every time he posted an origional tweet targeting bitcoin and no others. The criteria was that it could not contain an @, it had to be an origional tweet, it had to call for the failure of bitcoin in some fashion. The content could not be about alternate characters such as GameStop investors or Tesla Buyers, for example. There are only a TOTAL of 30 of these origional tweets. The past 10 days he has posted at least one origional anti-bitcoin tweet every day. I excluded this data for now, as it’s the most he has ever tweeted these origional posts. The last lone standing day Schiff posted about BTC is Feb 20 2021. Of the twenty tweets I analyzed, I found an average return of 718%. Price was measured from the high of the day, to the current price. The lowest return tweet was 20 Feb 2021 with negative 3%. The highest return was his second on 11 Aug 2016 at 9,325%. If an investor had bought $1000 of Bitcoin for every one of his origin...
UK crypto firm receives funding to create first entirely green mining pool
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To all noobs out there
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Just buy hodl and don’t look at the price. 4 -5 years from today you will be thanking yourself. That’s how long it takes to make real gains in this game. At that point though you won’t sell it anyway because you will not want to hold fiat. It’s funny how one evolves from fiat slave to sovereign master class. Good luck. You won’t need it if you don’t care about prices in the short term. Submitted March 27, 2021 at 07:48PM by BdayEvryDay https://ift.tt/3w4KDut
Bitcoin price of $80,000 at the end of April seems to be the target for most options traders
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Another Norwegian millionaire buys Bitcoin!
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Having said that Bitcoin is "nonsense" a week ago in Norwegian newspapers, billionaire Øystein Stray Spetalen has in another interview said he has changed his mind and now owns Bitcoin! This happens only few weeks since another Norwegian billionaire Kjell Inge Røkke, announced buying Bitcoin with his new company Seetee. Great news! Edit: They are billionaires, not millionaires!! Submitted March 27, 2021 at 09:32PM by Forever0ptimistic https://ift.tt/3cqIL7y
Rejoice. One more full node soon joining your ranks permanently
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General Motors Considering Payments With Bitcoin
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According to a recent report from Reuters, General Motors joins a growing list of major companies investigating regular implementation of the popular cryptocurrency. Last month, during GM’s Q4 2020 earnings call, General Motors CEO Mary Barra said that the automaker had no plans to invest in bitcoin, but would continue to evaluate whether further interest was warranted. “We don’t have any plans to invest in bitcoin, so full stop there,” Barra said when asked about GM’s interest in the cryptocurrency. “This is something we’ll monitor, and we’ll evaluate, and if there’s strong customer demand for it in the future, there’s nothing that precludes us from doing that.” https://gmauthority.com/blog/2021/03/general-motors-considering-payments-with-bitcoin/ Submitted March 26, 2021 at 07:22PM by BitcoinWide https://ift.tt/31nW4PC
Over $40k of CryptoCurrency Stolen
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I'm really devastated. Just looked at my wallet today when I was thinking of buying more bitcoin, all to to find out all my cryptocurrency is gone -- valued over $40,000. I spent years earning it and resisting pulling it out, hoping I could eventually use it to pay for college tuition. Here are the facts: I have a Ledger Nano S wallet. That wallet had 4.77 LTC, 4.48 ETH, and 0.73 BTC. The Ledger generated a passphrase containing 24 words. I recorded that passphrase on a piece of paper and hid it. No one had or has access to that paper. That passphrase (those words) were NEVER entered anywhere. (Not even on my phone) On February 24th at 5:45 AM Eastern Time, the BTC was stolen. On the same day, at 6:46 AM and 6:48 AM, the ETH and LTC, respectively, were stolen. I also has a Trust Wallet. I had $1500 worth of NPXS and $1000 worth of TRX in that wallet. On February 24th at 6:48 AM and 6:55 AM both of those were stolen. The passphrase for the Trust...
About to hit $56K, again and excited like when bitcoin hit $50K 🚀 to $75K
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New Zealand Fund Manager Says It's Put 5% of Retirement Plan's Assets Into Bitcoin
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The state of Kentucky just passed two laws that give Bitcoin miners tax breaks on electricity and clean energy incentives!
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Kentucky Governor Signs Bitcoin Mining Incentive Bill Into Law
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To current and future Bitcoin millionaires....
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As the hype and awareness and knowledge of bitcoin grows exponentially, along with its value, bitcoin will inevitably encounter hurdles and road blocks as it threatens the status quo. You already know this and it bears repeating again. Precisely because, in this world, especially currently and as we drag old paradigms into the future that are difficult to let go, wealth (and not necessarily wisdom) plays a crucial role in influence and direction of our society. As with any new technology, depending on who wields it, and the wisdom they have, the technology, which is inherently neutral, can either become a boon to our species and the world at large, or devolve into pathology and degrade our humanity and world. Examples are of course, the ability to harness nuclear energy, or more current, the internet itself. What holds the possibility for liberation, also contains the possibility for weaponization. As users, early adopters, and drivers of new technology we must remain humble and fo...
A message to those who sell their Bitcoin when it dips.
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UFC Heavyweight Champ Stipe Miocic when asked about what advice he would give to his younger self: Bitcoins bro! Invest in Bitcoins!
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NZ Funds, which manages over $ 2.0 billion of New Zealanders’ savings, has invested in Bitcoins
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It's honestly historical-level insane that Satoshi managed to succeed with both his project and his anonymity
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Great advice I found in r/poor: “Buy even 10 dollars in Bitcoin at a time if that's all you can spare. That's how I started. Today, the first 10 dollars I've put in just crossed the million-dollar mark. That took only a decade of holding a value I would've spent anyway.”
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The people selling now will be the same people buying next ATH. Enjoy the ride and welcome to Bitcoin! 🍻
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June 4, 2017 - “I would be foolish not to sell if it hits $5k”
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24,000 btc off coinbase - massive OTC deals
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April will be fire when you hear which companies have been buying massive amounts of bitcoin for their balance sheets. 12,000 btc just left coinbase for cold storage and 12,000 on Monday. Check the 30 day and. 85,000 has left coinbase. Serious supply shock https://www.viewbase.com/coin/bitcoin Submitted March 26, 2021 at 03:42AM by lonelycatcarrot https://ift.tt/39izwV3
UPDATE: I coded a bot that buys Bitcoin when Elon Musk tweets about bitcoin and open sourced it
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Earlier this week, I posted my first crypto trading bot project that was suggested by you in a previous post. In a nutshell, the bot buys bitcoin whenever Elon Musk tweets about bitcoin. You guys came up with some great feedback on this, and many of you suggested there should be some form of sentiment analysis so that the bot won't just buy when Elon says something negative about it. So I looked for an API that would do the job and integrated it into the code. The bot will now only buy Bitcoin when Elon Tweets, if the sentiment of his tweet is positive. Article: https://www.cryptomaton.org/2021/03/25/program-a-trading-bot-to-buy-bitcoin-when-musk-tweets-about-it-part-2/ GitHub Repo: https://github.com/CyberPunkMetalHead/bitcoin-bot-buy-if-elon-tweets/tree/buy-crypto-if-elon-mentions-crypto-positively Since this a community-driven project you guys get to name this bot! Submitted March 25, 2021 at 03:43PM by CyberPunkMetalHead https://ift.tt/3vTFUfb
Invest only what you can spare should be a motto to everyone here
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With people panicking with the drops and so on that basically happen all the time. I mean, this is bitcoin. We should ask ourselves. Can I have invested the money I have now? How would I react to a 50% drop? Or a absolute crash? If the answer is with deep despair and problems for oneself, then consider to put less in. Seriously, we see the memes of going all in but to actually do it is reckless. Also, it’s very important that you don’t get obsessed with the future. Like lose your life now just to invest. For instance you used to go with your wife and kids every weekend to some place eating out and do your stuff that you enjoy. Now that you discovered bitcoin you are thinking about doing it less to invest more. This is stupid. Always keep in mind that the future doesn’t exist, is an imagination, only the present moment is real. So go out and eat with your wife and kids and have fun now instead of waiting for something to happen that will give you the opportunity to have more fun. So...
Microsoft Announces Completion Of ION V1 And Launch On Bitcoin Mainnet
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Bitcoin is a software protocol. Satoshi, Hal, and Len were cypherpunks.
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I don't think many of the users in here nowadays realize that bitcoin is just a software protocol, so I'm going to tell a story about the bitcoin protocol and a great cypherpunk including Satoshi, Hal, and Len. Bitcoin is a software protocol (like TCP/IP) that allows online payments to be sent directly from one party to another without the trust or permission of anyone else. Bitcoin is currently at the second stage of the evolution of money which is a store of value. Once bitcoin's gets closer to it's true value, it could possibly move to the next stage of the evolution of money of money, which is a popular medium of exchange. Click here to see all four stages of the evolution of money. Bitcoin will remain volatile until it finds it's true value, which I expect is somewhere at 7 digits of US dollars. I'm not expecting this to happen soon but I do expect it to happen before 2033, considering over 99% of bitcoin will be mined before summer 2032. The most likely...
To the newcomers out there: During small dips like this, before panic selling, think about who has Bitcoin and if you think they're going to panic sell...
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Tesla: $2+ Billion in BTC and announced they're purchasing more. Just announced Tesla can be bought with BTC. Elon Musk, Tesla CEO: Believes BTC is better than fiat and is protecting his own wealth with BTC. Jack Dorsey, Twitter CEO: Believes BTC will become currency of the internet. Michael Saylor, MicroStrategy CEO: Believes BTC is the best hard asset in human history. Michael Novogratz, billionaire: 30% of his wealth in 'cryptocurrencies'. Winklevoss Twins, billionaires: held BTC through 2017 spike and 'crash' and still holding today. Barry Silbert, net worth $500m: Hodls BTC. Many more billionaires who I can't be bothered googling. Do you think they're panic selling right now or still holding like do they with every other asset they own? Submitted March 25, 2021 at 07:06PM by StubbornGoldBug https://ift.tt/3rqLW37
Exactly one month ago, exactly same scenario: $6 billion in CME options expiring, Bitcoin went from 57k to 48k.
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My Wife is leaving because bitcoin.
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She just left to go stay at her sisters. She super mad that I didn't sell at 60k and looks at the price often scolding me. I keep telling her we don't need the money and have the cash. We live nice. However today she caught me buying the dip and was so pissed she almost hit me! Now she packed bags and went to her sisters to stay. She said not to talk to her. This is where I need help, where is a good place to pick up girls in my Lambo? Submitted March 25, 2021 at 08:37AM by Parking_Meater https://ift.tt/3fbZZat
Mad at people buying Tesla's with BTC?
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Here comes Elon giving people a chance to actually be able to buy stuff with Bitcoin and people are upset because "YOU SHOULD HODL YOUR BITCOINS DONT GIVE IT TO ELON" Dude, you can buy a freaking car with Bitcoin... What are you planning on actually doing with yours? Not spend it/ convert it? Then why even have it? People should be happy this is even a thing. Submitted March 24, 2021 at 09:38PM by ImAtWorkRightNowSry https://ift.tt/3fastRT
Stop rooting for the economy to fail.
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Yes, BTC is a hedge against inflation. But please stop rooting for fiat currencies to collapse. The collapse of fiat would bring immeasurable pain to the world. Most of your friends and family would be left destitute. The economy would collapse so severely that, even with your relative wealth increasing, the quality of your life would decrease. The truth is that 1 million dollar btc is not incompatible with a strong centralized economy. Bitcoin has plenty of utility even if the worlds of fiat, stocks, and bonds proceed apace. It can still have massive growth potential without you wishing destruction upon the world as we know it. I understand being skeptical of the goodwill of institutions. I understand being fearful of hyperinflation. But to chuckle with glee and hope for the world to burn is not a productive attitude. Simply be glad to be involved with a promising new asset class, and accept, WITH HUMILITY, that if bitcoin maximalists are right, it could create a tremendous amount...
I sold my Tesla to buy Bitcoin. Who’s laughing now elon.
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What I like most about the news of Tesla accepting Bitcoin:
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I bought a Cybertruck because Tesla announced Bitcoin payments... I’ll post another pic when it turns up! 🚀
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In 2018, CZ, Binance CEO Said He Would Buy a Tesla if they Accept Bitcoin! The Time Has Come
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Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency!
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Why is no one talking about the ACTUAL news from Tesla: They run their own nodes
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https://twitter.com/elonmusk/status/1374619379929772034 "Tesla is using only internal & open source software & operates Bitcoin nodes directly." I mean this is what Bitcoin is actually all about! They are not only accepting Bitcoin, they are part of the Bitcoin network now, completely bypassing the legacy system and transacting directly with their customers without any third-party involved. I know you are all happy you can buy a Tesla with Bitcoin, but I find this to be the ACTUAL huge deal. Submitted March 24, 2021 at 02:01PM by Ima_Wreckyou https://ift.tt/3rix07a
First time bitcoin investor - coming from wallstreetbets
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I was lucky enough to have made a decent amount of money on this gme/amc event because I followed wsb for quiet some time. Robinhood disabling the buy button on gme and amc was the most disgusting thing I've ever seen in the financial world. Fortunately I still made money because I was early, but I would have made a hell of a lot more without brokerage platforms manipulating the market. My declining faith over the traditional markets + the inauguration of bitcoin etfs here in canada is what led me to educate myself about bitcoin and cryptos in general. I am now balls deep into bitcoin @ 49k into a bitcoin etf so I don't own my keys. The thing is, I'd rather not own my keys when I invest in my tax-sheltered account so I don't pay capital gains tax on the massive gains I'll realize. Also, great community. Love it here :) Submitted March 24, 2021 at 12:07AM by CompoundMe https://ift.tt/3u1jV4f
Crypto Exchanges Now Hold Lowest Amount of Bitcoin Ever -- Just today it happened a $804 million (14,608 BTC) outflow from Coinbase
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Bitcoin Transfer Worth $806M Might Reveal Big Institutional Purchase — CoinDesk
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How will you contribute back to the world when you are Bitcoin rich rich?
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I plan to support an elephant sanctuary, together with building a large aviary for rare birds. Whats your plan? https://preview.redd.it/y08ivrmqhto61.jpg?width=277&format=pjpg&auto=webp&s=7ef6348ef2256a5371c5157a4376a02d39938c13 Submitted March 23, 2021 at 11:01PM by SuckingOffaBitcoin https://ift.tt/319o1Ld
Today, one year ago, this historic interview took place.
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It is the year 2030.
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Bitcoin has now breached a million dollars a coin. The central banks and governments of the richest nations on earth have just lost the war against cryptocurrencies. They first tried to shut down the exchanges, but decentralized exchanges exploded into existence. Then they came for the mining companies, but they just relocated overseas to less regulated countries. Warren Buffett has just announced the inclusion of bitcoin on Berkshire Hathaway shares. Over 50% of all publicly traded companies own bitcoin on their balance sheet. Peter Schiff's son now overshadows Peter Schiff in net worth, and buys him a bitcoin cake to celebrate. Peter cries. Now it's a bitcoin-tears cake. Cathie Wood was right - again - and somehow, nobody seemed to listen - again. You're family and friends all think you're a genius and feel horrible for not listening to you 10 years ago. Some of them treat you differently now that you're so rich. You don't like it. You can buy houses, land, b...
Whenever I think of Bitcoin or cryptocurrencies in general, it reminds me of “credits” used in Star Wars as the intergalactic currency
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I’m convinced Star Wars credits are basically intergalactic digital crypto coins. I think George Lucas might have invented Bitcoin... or maybe he is really Satoshi? That does sound like an alien name from Star Wars after all... Submitted March 23, 2021 at 04:36AM by KarateKid84Fan https://ift.tt/3lFEbFg
Bitcoin Price eyes more explosions as Biden Considers new $3 Trillion Package
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TIME is hiring a new CFO who has to be comfortable with Bitcorn.
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Jim Cramer now recommends investors put 5% of their investment portfolio into Bitcoin
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Eight years ago, Hal Finney wrote "Bitcoin and me". He was the first person, besides Satoshi Nakamoto, to run Bitcoin and support the network.
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Biden administration is preparing a new $3 trillion package BRRRRRRRRRRRRRRRRRRRRR
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Seen in the wild - hostal for sale. Asking price 9 BTC.
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Fed’s Powell says bitcoin is more of a substitute for gold than the dollar
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I’d never dare to put more than half of my net worth into bitcoin, but bitcoin made that decision for me. What now?
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A few years ago I decided to put some money into crypto. It was about 10% of my net worth which in was considerably less than what I have today. I figured it was a good idea to hold about 5%-10% in crypto. (70%btc 30%eth) In this bull market it has grown to be over 50% of my net worth. I still strongly believe that it’ll keep growing over time, and I can afford to hodl it. On the other hand, I’d never dare to put this much money into crypto if I wasn’t already invested. I’ve considered to rebalance, but there are few investments that are similarly attractive. I most probably will just keep holding, but I bet there must be many others here in the same situation. Care to share your thoughts? Submitted March 22, 2021 at 05:52PM by Odd_Complex_ https://ift.tt/3vRw3qe
PSA: Bitcoin transaction fees are very low right now. Mempool is clearing. Good time to open Lightning channels ⚡️, move funds to Bech32 addresses, or to consolidate UTXOs.
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Watch the mempool here: https://jochen-hoenicke.de/queue/#BTC,24h,weight (thanks u/rnatau ) > 8 sats/b transactions being mined into the next block right now. Let's fund some lightning channels baby ⚡️🙌🚀 Not your keys, not your coins. Get them coins off an exchange and onto your hardware wallet! Use a wallet that lets you set fees manually! Did I say lightning yet? Inbound capacity anyone? ⚡️⚡️⚡️⚡️⚡️ Submitted March 22, 2021 at 12:55PM by minimally__invasive https://ift.tt/3cThPMO
Been on Reddit 14 years today. This is still my favorite sub.
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My company refuses to pay me in Bitcoin , and my colleagues laughed when I asked
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I work for a Software company, and this week I had a meeting with the CEO, we can submit questions anonymously so the CEO will reply those in the Q&A. I asked if those who wanted, could be paid part of the salary or the bonus in Crypto, and not only the CEO said no, but everyone laughed, and started to make very ignorant comments and jokes about Crypto and Bitcoin like 'where is that money even coming from'. The CEO also used a patronising excuse : 'Bitcoin is too volatile'. Now, I want to repeat this: it was a meeting in a Software Company. Most of the people working in the company are Developers, the kind of people who knows about Bitcoin, and should be able to understand it. I used to think people will rush to buy Bitcoin when it will be at 100K, but I think I was wrong, and 'most people' will only rush into it when it is at $1M EDITED: The main reason to ask that was to check everyone’s reaction towards Bitcoin, and I was very surprised, that it wa...
Russia invites China to move away from US Dollar towards alternatives... BULLISH for Crypto!
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Turkish Lira Plummets on Fear of Hyperinflation. HODL gang, let’s welcome our new friends from Turkey. Bitcoin is the solution.
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Bitcoin searches on google double in Turkey after their currency drops 14% in one day
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I coded a bot that buys Bitcoin when Elon Musk tweets about bitcoin and open-sourced it
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Last week I asked you to come up with ideas on new crypto currency trading bots and I promised that I will try to code them and share my code with you. You guys came up with a lot of amazing ideas and gave me tons of work! I decided to start off with the simple requests first before I can accommodate the more sophisticated bots that were mentioned in the thread. The idea was suggested by regionjthr . Article and Guide: https://www.cryptomaton.org/2021/03/21/program-a-trading-bot-to-buy-bitcoin-when-musk-tweets-about-it/ GitHub Repo: https://github.com/CyberPunkMetalHead/bitcoin-bot-buy-if-elon-tweets Let me know your thoughts on this! Edit: thanks for the gold! Submitted March 21, 2021 at 09:22PM by CyberPunkMetalHead https://ift.tt/2NCVQ3X
Satoshi Nakamoto changing someone's mind about the energy consumption of Bitcoin in 2010.
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Xbox has put out a survey to get a feel for using Bitcoin for purchases in its online store
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When someone told you Gold is the best store of value because it's more environmental-friendly than bitcoin, show them this
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Bitcoin has become the third currency in the world, bypassing the Japanese yen
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Here is some interesting statistics. The population of the Earth is 7 879 275 500 people. Emission of bitcoin 18 659 618 . The price of bitcoin at the time of this writing is $ 58528 . Satoshi per person on Earth: 236,819 , which is $138.6 at current price. Each year, the price of entry into the 1% of humanity that owns bitcoin will be higher and will soon become unaffordable for most of the population. It is convenient to look at these statistics here . By buying Bitcoin for $139 today, you will be, on average, richer than the rest of the world's population. Moreover, the amount of bitcoin per person will decrease every day. And you will become richer. The price of one dollar is 1718 satoshi. Let's save this statistic to return to it in half a year. But the here is the most interesting thing: Today, Bitcoin has become the third currency in the world, bypassing the Japanese yen. Only the Euro and the US Dollar are ahead. Only money is involved in the calculation, in f...
Hmmm. I think BTC is definitely going past SILVER total market cap, THIS CYCLE
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Bitcoin, before criticizing it, people should study it
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List of exchanges allowing Bitcoin withdrawals with ~0 fees via Lightning Network
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Why Bitcoin is not a cult, but the fiat system is.
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As the media continues to talk about Bitcoin, I see a recurring narrative being put forward by legacy financial experts; the lack of intrinsic value. So let's take a look at the intrinsic value of fiat. (let's stick to dollars and euros for this) The cost to produce a $100 bill is the same as the production cost for a $1 bill. The paper itself is worthless. In fact most dollars and euros are digital. The value of these currencies comes solely from the promise of the government that they are worth something. If history is a barometer on how trustworthy a government promise is, it is evident this promise instills very little trust. But it is worse than that. Governments don't even feel the need to earn your trust. They just don't give you a choice to believe in anything else. They force it upon you. Fiat is the religion that you where born with. It is the reward system that allows you to live. By design, in the western world, you are indoctrinated by the belief that l...
If you still don't understand that it's still too early to buy BTC, you need to wake up now. The bitcoin era is just beginning.
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NASA finds rare metal asteroid worth more than global economy
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Nigerians are free to use Bitcoin, says Central Bank of Nigeria declares
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Selling 1 Bitcoin now is as foolish as selling a Manhattan's block in the 17th Century
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NEVER sell it for Government ever worth-less printed-to-infinity coupons/promises/IOU's. If you ever need fiat, because someone refuses to take real/sound money as payment, borrow it against your prime real estate. Also if possible, don't buy from that 'someone' in the first place, give your business to smart and ethical people accepting Bitcoin. Manhattan traces its origins to a trading post founded by colonists from the Dutch Republic in 1624 on Lower Manhattan; the post was named New Amsterdam in 1626. Manhattan is historically documented to have been purchased by Dutch colonists from Native Americans in 1626 for 60 guilders, which equals roughly $1059 in current terms. [22][23][24] The territory and its surroundings came under English control in 1664[24] and were renamed New York after King Charles II of England granted the lands to his brother, the Duke of York.[25] New York, based in present-day Manhattan, served as the capital of the United States from 1785 ...
Watch this guy in 2016 realise Bitcoin might hit $30,000
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Reminder: Bitcoin.com / BitcoinCash (BCH) is NOT Bitcoin and is a scam
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Just another friendly reminder for the new folks. Beware of Bitcoin.com and misleading material designed to trick you into buying BCH. BitcoinCash is just another alt coin but with less honesty and way more protectionism than other projects. BCH is currently dieing and the folks bag holding will say anything to switch places with you. HODL BTC and don’t look back Submitted March 20, 2021 at 08:50PM by TheGreatGasbyy https://ift.tt/2NGDCPe
In 2017 I bought an expensive gaming monitor with Bitcoin Right before the run up to $20,000 (hindsight amirite) I spent around .1 bitcoin on the monitor, now worth $5800. I do not regret for a second, I see it a my small helping hand for adoption. Onward and upward!
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Bank of America: It Takes $93 Million To Move Bitcoin By 1% In Price
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Bitcoin is now worth more than the three largest payment services in the world, combined.
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Bitcoin's most attractive trait: Nobody can take away my money
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This is by far the #1 reason I'm investing in Bitcoin right now. With banks I'm always afraid that they will somehow lock my account or start asking me for things such as where is my money coming from, what do I do for a living, etc. I don't do anything ilegal, but I hate governments and banks sticking their noses into my business. With Bitcoin I feel that my money is as safe as it can get. My only concern is the possibility of a huge crash, but the benefits far outweigh the risk. Submitted March 19, 2021 at 10:25PM by Iguana_The_Wise https://ift.tt/3c1Z0Yi
Lehman Brothers CEO on Making $480 Million While Bankrupting the Company (10/6/08)
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Bitcoin on its way to the moon fall 3 times, get up 4 times
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Blockchain.com is a scam ****BEWARE
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Just letting you all to know to avoid it. I wired money into my wallet and it never showed up. They claim they are in the process of returning the money to me and have every day for the last 45. They don't respond to my bank. There's a chat window for support which is the only way to contact them. But they are always "busy" and the queue is 30 people long. When you become 8th in line it times out and kicks you out. Total scam. Submitted March 19, 2021 at 09:29PM by gottaseeaboutahorse https://ift.tt/2Nz1mon
Since Biden signing this “stimulus”, the national debt is now greater than the value of the entire US economy. How could you not be bullish on Bitcoin?
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A nation needs to spend ONLY 58 Billion $ to become a world reserve.
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It just boggles my mind that any nation can just buy 58 Billion $ worth of BTC and gain game changing monetary power. That's equivalent to 1 million coins. I cannot fathom how cheap Bitcoin really is right now. I can't even begin to wrap my head around this. That's all I gotta say. My head is about to explode. Submitted March 19, 2021 at 03:35PM by ultron290196 https://ift.tt/3tFW6Pd
According to Anthony Scaramucci Elon Musk owns +5 billion $ worth of bitcoin
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Swedish banks denying customers to buy crypto...
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So now I’ve tried the Swedish banks Swedbank and Lansforsakringar. Neather of the banks wants to open international paymemts for the use of traiding crypto. They say it’s because they can’t see where were transaction came from if I’m buying/selling cryptocurrency. So it basically means I’m getting denied to use my money. Also it seems to be a problem about ”how easy it is for me as a customer to loose my money”. In other words they are trying to say that they are doning me a favor because it’s too much of a risk to trade crypto. Submitted March 19, 2021 at 02:50PM by knickidicken https://ift.tt/2P8MCwV
Visa to enable Bitcoin purchases across its global payments network
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Miami Responds Positively to Paying Salaries with Bitcoin
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Friends and family think I’m a lost cause.
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Sometimes I wish I would never share my investments with people. Nobody understands. They all think i’m a degenerate gambler after years of studying crypto. I know It shouldn’t matter but it still kinda hurts. Ugh hope this stigma ends soon. Submitted March 19, 2021 at 09:52AM by lulzzcx https://ift.tt/3vIm3iX
Control the meme (control the universe) - EDM tribute to Bitcoin
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Pakistan To Build Two Mining Farms As Government Looks To Participate In Bull Run Directly
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Visa Taps Deeper Into Bitcoin Through New Global Partnership With Crypto.com
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I made these for the Energy FUDsters. If you like crypto infographics, data, charts & crypto news please feel free to follow @thatbitcoinpage on Instagram!
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Deutsche Bank Report: Bitcoin Is Too Important to Ignore
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Inflation is the silent killer of human purchasing power.
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The main driver of Bitcoin's growth in the coming year will not be the policy of abundant stimulation of the economy conducted by the Fed, but inflation. And although many do not see real inflation in the United States, it is growing rapidly in the rest of the world. https://preview.redd.it/qs8axr8iqrn61.jpg?width=1920&format=pjpg&auto=webp&s=70f902a1b416a2472c37d4fb95504a7e45c22044 Alex Gladstein, chief strategic director of the Foundation for Human Rights, said that 1.2 billion of the world's citizens live in inflation that reaches two to three digits. Inflation is the silent killer of human purchasing power. Over the past week, a number of analysts and economists have discussed a possible rise in US inflation, mainly due to the huge volumes of stimulus created in 2020 and 2021. This has led economists to believe that inflation will soon come to the US as the Federal Reserve is cornered by plans to keep the easy money schemes for 2021. The biggest sell-off ...
Nearly 1 in 10 Americans have used stimulus checks to invest in crypto
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A warning to others I lost $5000 to a scam utterly embarrassed and ashamed to share this but hopefully it might save another
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I had £5000 GBP that I had saved and I was determined to finally try make something of my money. I spent weeks learning how to read charts/technical analysis and as I became more confident I wanted to learn further. I have $6900 spread across some reasonably safe coin but no greed got the better of me... I was following JRNY Crypto since I got into this mid Feb. He was always talking about his memberships and I became really curious and wanted to get involved. I saw him post a message on Twitter about his membership commenting on what one of his subscribers had said. I was convinced this would be a good decision. So later that day I messaged JRNY crypto... or atleast... I thought I did... Earlier that day I followed someone called @JRNYcryptto i didn’t realise the extra T I messaged this guy and expressed my desire to join his membership program we actually had a good conversation he broke down the different types of membership and I was sold he directed me to this trading platf...
Visa Plans to Enable Bitcoin Payments at 70 Million Merchants
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Bitcoin's fair launch cannot ever be replicated by another cryptocurrency
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I created this thread to point out some distinct and important differences between the launch of bitcoin compared to the launch of every other cryptocurrency. I realize that many of you already know these facts, but some of you don't. Bitcoin, the most secure and decentralized cryptocurrency (I'm not debating it), was created to solve the problem of trust with governments and to be a store of value that can be sent/received anywhere/anytime without permission or trust of anyone else. Bitcoin’s narrative matches the real world utility. If you want to get technical, bitcoin is really a scarce tokenized derivative of inflation and corruption that's kept honest and secure by it's own decentralized ledger of value that can't be forged or hacked. To ensure that the launch was considered fair, Satoshi took careful steps to make sure that the world would look back and observe that bitcoin was launched fairly: No premine (Satoshi didn’t grant himself any coins) Gave a...
You Don’t Need a Bitcoin Exit Strategy, Because Bitcoin Is Your Exit Strategy From the Current System
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Warning: STOP buying Bitcoin on Robinhood. These guys almost went under to a 3b margin call on illegal $GME paper trades. They will rob you and go broke.
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If this applies to you, seriously what are you thinking? We’ve been shouting “don’t buy BTC on RH” from the rooftops. The latest update is finding out that RH has admitted to paper trading $GME and fucking investors when their naked positions caught a 3 billion dollar margin call. If this has been a Bitcoin related event, there would have been no recovery, RH would have filed for bankruptcy and relied on their elite friends to manage any government intervention that may crop up. RH basically shorted every order their client’s made, not only stabbing those clients in the back short term, but setting them up to lose everything if they were right. If $GME had gone to $1,000 all of these folks would have been left with less than their buy-in because RH would have gone under. Returning to Bitcoin, it’s important to understand that this deceptive practice is even more easily perpetrated against RH’s BTC buyers and that Congress / regulators are even less likely to do anything about it. ...
Retail users have now bought more bitcoin than institutions so far this year! The real occupy Wall Street.
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IMPORTANT : For new people in Reddit and Crypto, be careful of those scams. Here's an example I just got this morning. Some are honest, some are not... When you say you're new, some bad sharks may see you. When I say bad I mean a 15Kb file as a Trading-Alert Software... I laughed so hard i'm crying.
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Morgan Stanley becomes the first big U.S. bank to offer its wealthy clients access to bitcoin funds
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Dad advice towards Bitcoin
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I just told my dad the whole concept regarding bitcoin and crypto, and that I had invested some in it. He immediately told me that it is a fraud and a bubble that's going to break soon. I decided to invest more after I hear that cause every time the thing go the other way of what he said. Thanks dad 😊. Submitted March 17, 2021 at 09:29AM by Panceramicc https://ift.tt/3lo7UT0
Dozens of German towns lose 700 Million Euros, because they trusted banks and regulators
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Taproot activation update
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Today the topic of taproot activation was discussed again by Bitcoin developers. It looks like the proposal put forward has a lot of acknowledgments (ACK) and might move forward: https://gist.github.com/michaelfolkson/92899f27f1ab30aa2ebee82314f8fe7f There is a valid point raised by rustyrussell about being more upfront towards the miners. Timing considerations need to be resolved as well but overall consensus seems to be closer than ever on working on a PR to be merged. Submitted March 17, 2021 at 01:20AM by lbalan79 https://ift.tt/3vFRlHh
[OC] Year 2030, fiat is worthless, #bitcoin is world reserve currency
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