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    Tuesday, October 8, 2019

    Bitcoin Daily Discussion, October 08, 2019

    Bitcoin Daily Discussion, October 08, 2019


    Daily Discussion, October 08, 2019

    Posted: 08 Oct 2019 12:00 AM PDT

    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.

    We have a couple chat rooms now!

    Please check the previous discussion thread for unanswered questions.

    submitted by /u/rBitcoinMod
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    South Park’s reaction after the last price drop

    Posted: 07 Oct 2019 10:27 AM PDT

    If you've been a long term hodler:

    Posted: 07 Oct 2019 03:53 PM PDT

    What do you think ?

    Posted: 07 Oct 2019 10:58 AM PDT

    Russia dumps US dollar, it starts

    Posted: 07 Oct 2019 08:05 PM PDT

    Help. Lost phone but have the seed

    Posted: 07 Oct 2019 09:37 PM PDT

    So I lost my phone. Which has my bitcoin wallet on there with my savings. Not much. But it's almost all I have. I have the seed. I tried to import the seed to electrum wallet. Entered the seed but it shows no balance. Any help is appreciated. Very nervous.

    submitted by /u/twitter-fingers
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    The sound of Crypto

    Posted: 07 Oct 2019 03:31 PM PDT

    Forget Greta, this girl should be all over the news all over the world.

    Posted: 07 Oct 2019 08:53 AM PDT

    Buy #Bitcoin because......Fundamentals... This is a reality Accept it or leave ✋

    Posted: 08 Oct 2019 01:15 AM PDT

    GE to freeze pensions for about 20,000 employees, Buy Bitcoin to take control of your retirement and future

    Posted: 07 Oct 2019 03:12 PM PDT

    GE to freeze pensions for about 20,000 employees

    https://www.marketwatch.com/story/ge-to-freeze-pensions-for-about-20000-employees-stock-surges-2019-10-07

    I used to go around when i was young and told people that GE would eventually freeze or end people's pensions. All of the old people i told, said i was a crazy boy and didn't know what i was talking about.

    I saw this coming years ago with the start of Globalization. I always wondered why a few countries around the world were rich and the majority of them were poor.

    The older i grew the more i investigated the world. I always hated TV and the last time i watched TV was when i was about 15. i loved encyclopedias.

    The internet accelerated my knowledge. I realized with globalization that the rich countries would have to compete with the poor countries. People in rich countries were very lazy and life was great. I didn't have to work so hard and i still made a high wage.

    What opened my eyes was when they started to import more immigrants and I had to work with them. They were extremely hard workers compared to the people i grew up with. It was like a big culture shock. I quit my job and went to different job where there was no immigrants because i knew the system better and had more options, and i knew that i would have to work harder with them, while still making less money, since the owner got smart and paid them less. So i went to another job where i made more money but work less.

    That day opened my mind and i always keep reading more and more about the world. Something that TV would never teach me.

    Years past and my parents or anything in my city never understood anything i tried to tell them. I knew something was not right. I felt like i could not talk to anyone. No one understood. It wasn't until the internet came about where i found people around the world who understood about what i was talking about.

    This brings me to pensions. Pensions are a thing of the past for some reasons and it's the duty of CEO to somehow strategically get rid of them by either bankrupting a company then having government bail them out.

    There is a need to do everything possible to get rid of pensions. This is the only way companies will survive in the new world of globalization against 3rd world countries, It doesn't benefit companies to have pensions.

    We are heading for a huge downward spiral of quality of life. Were we can no longer rely on companies or governments to take care of us.

    It's not that we wanted to companies or governments to take care of us. We really had no choice with forcing taxes on us. We were indoctrinated this way and the majority of people have not yet woken up.

    The good times in rich countries are coming to an end.

    It would not be so bad if we had savings to take care of ourselves as the system starts collapsing.

    But the biggest problem is that the "government's money, bank's money, political money, fiat money" whatever you want to call it has always been "bad money" and keep devaluing controlled by the few. it's even possible that the old generation would controlled the banking system really doesn't even control it anymore and the banking system just feeds itself and everyone has no clue and keeping working and "doing their job"

    So many people i talk now and in the past has no clue to what is really going on in system monster of a system and just keep feeding itself and keeps getting bigger.

    Everyone i talk to just accepts the fact that they are poor and that nothing will change because the politicians dont care, many are even starting to not bother voting. They never try to investigate anything deeper to see why everything is so wrong.

    What i'm trying to say is in the past there was nothing really we could do other then make people aware. But even so people just called us crazy or watches too much tv.

    The more i read and understand bitcoin the more i understand why the world is the way it is and why people are the way they are.

    There is a huge wealth transfer taking place and a huge change in the world coming and we are driving this change by using bitcoin and holding on to bitcoin.

    I'm sure when the internet first came out there was people talking about how the internet would change the world and open people's mind and bring more freedom to us. I was not part of that since i was too young.

    My message to you is keep fighting, we will win without violence.

    Take control of our own finance because no one is going to take care of us when we are old.

    I am proud to be part of Bitcoin and have been running my own node for years.

    Thanks to all the people around the world who made me aware.

    Bitcoin is the future to free humanity.

    Bitcoin is sound money.

    submitted by /u/pix1000
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    What do you want to be?

    Posted: 07 Oct 2019 03:20 PM PDT

    Schnorr + Taproot Soft Fork Promises Big Things For Bitcoin - Bitcoinist

    Posted: 07 Oct 2019 03:17 PM PDT

    Bitcat ����

    Posted: 07 Oct 2019 10:53 PM PDT

    This is why the low is in and the next bull market is already official.

    Posted: 07 Oct 2019 10:31 PM PDT

    In nine short days from now it will be six months until the next halving..

    Six months prior to all previous halvings we were officially in a bull market on the verge of a massive rise in price..

    The low in price (market bottom) has always taken place before we reached six months until the next halving..

    The low is in, the next bull market has begun, the last 45% pullback from $14k to $7700 was the dip.

    Whoever wanted to own bitcoin for the next bull market should have already finished accumulating, good luck if you are still sitting on the sidelines.

    submitted by /u/slvbtc
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    CNBC: The SEC's final bitcoin ETF ruling is on deck. Here's what investors can expect

    Posted: 07 Oct 2019 12:20 PM PDT

    If only arcade games had this option when bitcoin was worth 20c

    Posted: 07 Oct 2019 09:27 PM PDT

    'Money is not worth anything anymore': Ex-Credit Suisse CEO criticises negative interest rates

    Posted: 07 Oct 2019 07:27 AM PDT

    Bitcoin Is The Best-Performing Asset In 2019 And The Best Is Still Coming For 2020

    Posted: 07 Oct 2019 06:51 AM PDT

    Kraken reportedly is having delays due to influx of Coinbase clients.

    Posted: 07 Oct 2019 12:57 PM PDT

    I messaged Kraken about my account verification. They said that they are experiencing delays due to sudden influx of clients. If you are planning to use Kraken make sure you start your account verification sooner.

    submitted by /u/GermanJava
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    Best crypto (btc) resource ever

    Posted: 07 Oct 2019 09:32 PM PDT

    Ads on asphalt in St. Petersburg, Russia

    Posted: 08 Oct 2019 03:08 AM PDT

    Bitcoin Is Free Speech Money, Gab Will Introduce It To Millions of People

    Posted: 07 Oct 2019 10:05 AM PDT

    Bitcoin code evolution ⚡

    Posted: 07 Oct 2019 11:49 AM PDT

    Hong Kong Bank Runs Highlight Bitcoin’s Strength | Hodling Through Bearish Sentiment

    Posted: 07 Oct 2019 06:54 PM PDT

    Bitwise's Bitcoin ETF Expected to Be Approved in Less Than a Week

    Posted: 08 Oct 2019 01:22 AM PDT

    Crypto Traders' Lawsuit Claims Bitfinex, Tether Cost Market Over $1 Trillion - CoinDesk

    Posted: 07 Oct 2019 02:01 PM PDT

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