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Source: Reddit Bitcoin

36
Daily Discussion, January 22, 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.… Read full article
5h ago
Reddit Bitcoin
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57
I just lost $750k net worth and I’m not selling
First, my annual income has ranged quite wildly from $100-180k for over a decade but I also live in an expensive metropolitan area where 1,500 sq ft of a condo or modest single-family home sells for $1.5m. I went to… Read full article
9h ago
Reddit Bitcoin
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191
Hello noobs, freaking out yet?
It looks like we’ve experienced our first 30% correction for this cycle. Did you know in 2017, whenever bitcoin had a 30+% correction, it was followed by a rally doubled or more in just a few weeks? And there were… Read full article
10h ago
Reddit Bitcoin
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People who bought Bitcoin at 40K...
​

https://preview.redd.it/k7w29m8nmsc61.jpg?width=828&format=pjpg&auto=webp&s=900713db91768223578f7ec4cd7e7ffa5bec2a07 Read full article
10h ago
Reddit Bitcoin
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My experience says near 28kUSD is Bottom. You can mark this Post! if BTC went under 28k i will give anyone who posts here their receiving address $10 in BTC
Edit: I'm not just guessing. I analyzed a couple of news.
Also this Bet is Legit til end of the January. You can edit your comment later Read full article
10h ago
Reddit Bitcoin
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Anyone else remember the 50% drop last March?
I remember going to bed and we were sitting around $8k. Woke up the next morning and we were at $4k. Honestly wasn’t even phased (been in crypto since 2016; I was somewhat desensitized by that point)

Remember everyone freaking… Read full article
10h ago
Reddit Bitcoin
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11
Why Bitcoin will never become mainstream currency
Because the price is too damn volatile! How can we expect a mass adoption when it fluctuates 20-30% daily.

For example, If there was a dealership that sold a car for 1 Bitcoin, that car would be valued at roughly… Read full article
208
I fucked up.
So, as the title suggests. I Fucked up big time.

I've been in crypto since 2017, been putting all my extra cash into the markets since then. Been active in communites and definitely confident about the future of crypto.

Ill… Read full article
11h ago
Reddit Bitcoin
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356
Bitcoin below $30K
Bitcoin just touched below $30K, those who were looking to buy cheap, here you go, also Ether closer to $1K. Read full article
12h ago
Reddit Bitcoin
356
11
The DIP IS HERE!!!
What is your excuse not to buy the dip right now? This is probably last time BTC is below 100k ever.

Pls buy. Read full article
12h ago
Reddit Bitcoin
11
108
Bitcoin Rhapsody
Is this the real bull market?
Is this just fantasy?
Price dropped in a landslide
No escape from 2018

Open your eyes
Look up to the charts and see

I'm just a poor boy, I need no sympathy

Because the… Read full article
13h ago
Reddit Bitcoin
108
58
Sold some off
Been Hodler of BTC since 2016 and am a firm believer but decided to finally sell a portion of what I had to pay off my car and student loans. I have 0 regrets in doing so and will continue… Read full article
13h ago
Reddit Bitcoin
58
9
Did anyone lose a lot of money?
My account says negative $1,389 and I bought a fractional BTC at 41k. I hope it picks up but I am actually losing so much money with this Yellen news

I went to a few websites and the prediction is… Read full article
14h ago
Reddit Bitcoin
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14
What caused btc to dip 10% today?
There may be a shade of ignorance in this question, but the dxy changed from 90.69 to about 90.08 as of right now. Is this insignificant enough to not affect the price of btc into the upside?

Also, just from… Read full article
15h ago
Reddit Bitcoin
14
139
Janet Yellen: "I think it important we consider the benefits of cryptocurrencies and other digital assets, and the potential they have to improve the efficiency of the financial system."
The written responses from Janet Yellen's senate confirmation hearing yesterday on cryptocurrencies is much more balanced and measured than her verbal response making the headlines.

[Here's a link to the full transcript on the record.](https://www.finance.senate.gov/imo/media/doc/Dr%20Janet%20Yellen%20Senate%20Finance%20Committee%20QFRs%2001%2021%202021.pdf) Read full article
411
Price keeps dropping every time I buy
Eventually I’ll own all the Bitcoin Read full article
16h ago
Reddit Bitcoin
411
561
Good bye, guys.
Today I have bought my last few satoshis, and now I will put them to rest in my cold wallet for a few months.

I have lirted with cryptos since 2017, but these last few weeks I have consumed a… Read full article
16h ago
Reddit Bitcoin
561
14
[Discussion] Buying small amounts on every dip >5% and Hodl ?
Since the market is highly volatile, I'd assume a lot of dips.
Whales can also manipulate the price so buying the dips, will make it smoother to ride along the waves?

Has anyone tried something similar to this?
What's your… Read full article
18h ago
Reddit Bitcoin
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149
Boycott CoinTelegraph!
They have been publishing lot of FUD’s and bearish articles lately. Latest FUD regarding double spend is very irresponsible. It seems like they have got paid to do so. Read full article
19h ago
Reddit Bitcoin
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"A double-spend broke Bitcoin" FUD that was circulated by an irresponsible publication.
"There was a chain re-organization in the Bitcoin blockchain. This is a common occurrence that is part of Bitcoin's normal operation. It is a result of decentralized consensus under Proof-of-Work. All PoW chains do this. " - Aantonop on Twitter… Read full article
19h ago
Reddit Bitcoin
385
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Setting Buy orders!! Gimme your sats! 😬😬
Buy orders set for 30,001 and 25,001

Give me those sats 😬😬 🍾🍾🍾 Read full article
19h ago
Reddit Bitcoin
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My company is considering putting some of their balance sheet into Bitcoin. Where do we start?
What are the safest and easiest custodians to work with for corporations to “buy” Bitcoin. Any advice is much appreciated. Thanks! Read full article
19h ago
Reddit Bitcoin
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After an hour with the bank President I think I made believers out of them
My friend's Mom works in a small bank and knows that I'm interested in Bitcoin so when they had an issue come up at the bank involving a different customer I was called into the President's office for a meeting.… Read full article
19h ago
Reddit Bitcoin
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50
A script to download the Bitcoin whitepaper from the Bitcoin blockchain
Use this Python script to extract the Bitcoin whitepaper from the Bitcoin blockchain. It requires bitcoin-cli, which you should have if you are running a full node.

import subprocess

wptrans = subprocess.check_output(["bitcoin-cli", "getrawtransaction", "54e48e5f5c656b26c3bca14a8c95aa583d07ebe84dde3b7dd4a78f4e4186e713"])

outputs = wptrans.split("0100000000000000")

wppdf = ""… Read full article
19
Strong hands everyone!
Most of you don’t need to be told, but this is the time to hold strong. Weak hands just result in more BTC accumulation from big players. They want you to think the price is going to go down further… Read full article
20h ago
Reddit Bitcoin
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21 MILLION CLUB! (FINALLY!!)
Guys, I know you might not care and that's fine. For those who may be interested and want to know how I did it, I want to share my journey to 1 Bitcoin.

Like most of you, I started in… Read full article
22h ago
Reddit Bitcoin
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If you regretted buying at the top or were afraid to buy at the top, I've got great news for you
Now we're not at the top anymore. You can DCA your average buy price down and heed the advice of successful traders for as long as time to buy the dips. Enjoy the blessing bestowed upon you Read full article
22h ago
Reddit Bitcoin
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Save the Whales
Dear Bitcoiners,

The whales are spawning and they are hungry. If you are feeling charitable please move your bitcoin onto your favorite exchange and feed the whales.

28 Whales were born just yesterday and the day before! They are hungry… Read full article
23h ago
Reddit Bitcoin
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Price developments
I see a surprising amount of people who are completely confident in predicting future prices. No one knows if the price will go up, down or in circles (see [Efficient Market Hypothesis (EMH)](https://www.investopedia.com/terms/e/efficientmarkethypothesis.asp)). To people worrying about the price developments… Read full article
23h ago
Reddit Bitcoin
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4101
Bitcoin could go up to <Anyvalue> until <Anydate> says <Anybody>
Hi I made a template for everybody that wants to continue the ongoing fortune telling 🤓 Read full article
24h ago
Reddit Bitcoin
4101
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Brilliant counter-arguments to common bitcoin criticisms (backed by nothing, energy waste, slow, for criminals, pyramid scheme, etc)
I've been going down the rabbit hole of this author I had never heard about until someone linked here the other day. The way he breaks things down is absolutely brilliant and gave me a new level of understanding economics… Read full article
94
Why would bitcoincore remove the whitepaper? Do they need an attorney?
**There is ABSOLUTELY NO GROUNDS for CSW to make this copyright claim.**

&#x200B;

Even a first year trademark attorney would immediately be able to determine this.

&#x200B;

Why the hell would bitcoincore remove the whitepaper under false threat from CSW?… Read full article
4
If youve been waiting for a dip, this is the one
Id wait and see if it hugs 30k and doesnt go too far under it, 30k is probably the cheapest it will be for a long time. Read full article
1d ago
Reddit Bitcoin
4
140
Daily Discussion, January 21, 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.… Read full article
1d ago
Reddit Bitcoin
140
11
My Trezor arrived today.
To celebrate I bought more bitcoin. Just got to .012 Bitcoin. Read full article
1d ago
Reddit Bitcoin
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125
WHY BITCOIN WILL NEVER GO TO ZERO: How Mt. Gox proved Bitcoin was here to stay.
Many people are skeptical about Bitcoin and somehow still believe that a \~trillion dollar asset will become worthless. Well for those who are not familiar with the history of bitcoin, there was a period of time where there was a… Read full article
1d ago
Reddit Bitcoin
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279
50 BTC Most Likely Gone Forever
In 2010-2011, hard to remember, I bought approximately 120 BTC for Runescape gold.

I believed to have about approximately 50 left, but I cannot remember at all what I did with them. I was a teenager at the time.

I… Read full article
1d ago
Reddit Bitcoin
279
8
Bitcoin is just taking a break, don't be a naughty kid who leaves after eating cold dishes at the wedding banquet.
&#x200B;

https://preview.redd.it/p1045gzfolc61.png?width=664&format=png&auto=webp&s=eddf605519c43495edd87898d96ba93b69046e82 Read full article
41
Sold it all today - my story since 2013
Well not all, but about 20 coins. I'm just writing this to get it off my chest.

Here's my story:

After missing my buy at $20 in early 2013 due to my laziness of having to sign up for an… Read full article
1d ago
Reddit Bitcoin
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10
I know no-one can predict the future...
But when do you believe we will see BTC move up in value substantially (again)? Read full article
1d ago
Reddit Bitcoin
10
10
Help with ledger restoration
Hey guys so recently I got my ledger nano S and from my 12 word seed from my software wallet (BRD) I managed to restore my wallet. The problem is when I go onto ledger live it says I have… Read full article
2d ago
Reddit Bitcoin
10
397
Fuck ledger- just received a phone call from a scammer because of them
Some scammer contacted me asking if I want to open a bitcoin/ethereum wallet with them. I wonder how they got my phone number and name since I don't use my phone number on sketchy websites. Then I check my email… Read full article
2d ago
Reddit Bitcoin
397
141
Bitcoin is not threatening banks, Bitcoin threatens Central banks.
I know that banks have a bad reputation, but they are in charge of a crucial economic task in a healthy capitalist system: they connect lenders and borrowers; they canalize resources (savings) from people that don't have ideas, to people… Read full article
190
Many missed this, but it's very bullish for Bitcoin: Prof. Gary Gensler is the new SEC Chief
> **'Blockchain and Money' course taught by DCI Advisor Gary Gensler is now available on MIT Open Courseware**


> Level Graduate

> This course is for students wishing to explore blockchain technology's potential use—by entrepreneurs and incumbents—to change the world… Read full article
2d ago
Reddit Bitcoin
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BlackRock, the trillion-dollar asset management giant, it's going to include Bitcoin futures in some of his funds.
Huge news.

[https://www.sec.gov/edgar/search/#/q=bitcoin&dateRange=custom&entityName=BlackRock&startdt=2021-01-20&enddt=2021-01-20](https://www.sec.gov/edgar/search/#/q=bitcoin&dateRange=custom&entityName=BlackRock&startdt=2021-01-20&enddt=2021-01-20)

*Each Fund may use instruments referred to as derivatives, which are financial instruments that derive their value from one or more securities, commodities (such as gold or oil), currencies* ***(including bitcoin)*** Read full article
4
Never buy BTC again
Dear Penny says

[https://www.tampabay.com/news/business/2021/01/18/dear-penny-i-buy-500month-of-bitcoin-my-wife-hates-it-should-i-care/?outputType=amp](https://www.tampabay.com/news/business/2021/01/18/dear-penny-i-buy-500month-of-bitcoin-my-wife-hates-it-should-i-care/?outputType=amp)

/s Read full article
2d ago
Reddit Bitcoin
4
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