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    Bitcoin Daily Discussion, March 14, 2020

    March 14, 2020

    Bitcoin Daily Discussion, March 14, 2020

    Daily Discussion, March 14, 2020

    Posted: 14 Mar 2020 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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    Me, Not Knowing What Bitcoin Is But Noticing My $5 Is Now $2

    Posted: 13 Mar 2020 10:46 AM PDT

    the irony i see in bitcoin

    Posted: 13 Mar 2020 06:12 PM PDT

    the shitty part about this community from what i have seen so far is people hope for mass adoption one day or at least for more people to become apart of the community... yet when I or other newbies ask basic questions we get destroyed. bought my first 50 worth of BTC today and asked a basic question about fees and why my portfolio was already negative despite buying at a lower price than current price and this dickhead was just like "this isn't meant for you"

    im here posting this partly to rant but also to plead with you all during this time to chill the fuck out and be more welcoming to newbies like me... its pretty ironic because you will have an a effect on the future of BTC more than you think by being a pompous asshole

    shoutout to the real heads that have been helping me out. happy to have bought in and i made a vow to become more educated on these topics... like jeez sorry i wanted to buy in now when its low before i knew that much. i still know enough to understand the fundamental concepts

    submitted by /u/bobgravity1
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    Trump and friends telling us what we need to do amid the panic

    Posted: 13 Mar 2020 01:29 PM PDT

    They say Bitcoin is a bad investment not pegged to anything, Bitcoin is the only free market, it is the only thing that can go down -80% and stabilize itself. Bitcoin is the only thing we got.

    Posted: 13 Mar 2020 09:26 AM PDT

    2010 and 2020

    Posted: 13 Mar 2020 01:46 PM PDT

    Call me crazy

    Posted: 14 Mar 2020 02:06 AM PDT

    But isn't the point of bitcoin supposed to not be tied to USD. If we're trying to shift the currency to BTC, it doesn't matter what the USD value is. 1BTC is always 1BTC there's still only 21 million coins (probably closer to 18.5 million due to blockchain loss). Technically this is still a hedge against fiat. It's just so early still, so we can't peg it to any other store of value.

    We need to collectively figure out what the value of 1 satoshi is. Maybe 1 satoshi will = a hamburger, cup of coffee, etc.

    Maybe this is going to happen down the road and I'm just thinking early, but it's good to ask the "what if's" especially right now.

    submitted by /u/wetwoodfloors
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    What It Takes To HODL.

    Posted: 13 Mar 2020 09:13 PM PDT

    After many months of teaching myself how to make games, I've fully realised my Free-to-play Bitcoin themed mobile game 'Bitcoin Miner'. You can now play as the classic Bitcoin internet money meme. Link to play store in the comments.

    Posted: 13 Mar 2020 02:53 PM PDT

    We've added another payment option to reflect recent economic changes.

    Posted: 13 Mar 2020 10:40 AM PDT

    Funny

    Posted: 13 Mar 2020 11:51 PM PDT

    Anti fucking fragility

    Posted: 13 Mar 2020 03:38 PM PDT

    Maybe the storm is over, maybe not.

    But here's a fact: Bitcoin trading is 24/7/365. If someone wants to liquidate a billion USD worth of bitcoin right now, sitting on their toilet, they can. Price is still good and well within error-margin of the stock-to-flow-model by PlanB.

    The "traditional" markets were halted, needed trillions of fiat-money injections and still went down. Let's see how they are doing on Monday. I wish them luck and high returns, but ...

    ... who's holding the highly-speculative asset now?

    Bitcoins volatility is like a clearing bush-fire. Sure it sucks if you have a bush-fire. But better having it here and there, than suppressing them over years or decades and then have a fucking inferno on your hands.

    submitted by /u/Thanatos_1
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    Why I believe

    Posted: 13 Mar 2020 01:35 PM PDT

    I have never been a strong believer. In anything. But I totally believe in Bitcoin. I will never ever sell my Bitcoin. Even i fit goes to zero, which will undoubtedly hurt me. This is the first time, I have the feeling that I can contribute to make this world a better place. Although on a small scale.

    A fools hope maybe. But I want to give something back. Loyalty. As much as I can afford.

    Not the whales, not the SEC nor Dollar, Gold or stockmarkets will decide the fate of Bitcoin. It's in the hands of every Hodler. What a great perspective.

    submitted by /u/Wulfilasify
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    People who say 'Bitcoin is not a safe haven asset'.

    Posted: 13 Mar 2020 11:59 PM PDT

    It isn't the technology's fault that the price dropped a lot. Bitcoin has all of the necessary qualities to be a safe haven asset.

    Obviously there are going to be weak hands who bought bitcoin just for the instant gains and not really understanding it.

    Obviously there are going to be people who bought bitcoin who do not know about stock to flow cointegration and the halving.

    Obviously there are going to be people who withdraw from btc to short or margin call the stock market.

    Some people think the crash happened due to lack of spot exchange liquidity, tokenplus hacked bitcoin getting dumped and just FUD from all markets declining. None of this is Bitcoin's fault. 1btc = 1 btc. Hodl on.

    submitted by /u/Zaidinator7
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    I bought a buttload of btc the other night at $4600. I just bought another buttload at $5300. Were these good moves, thoughts?

    Posted: 14 Mar 2020 03:59 AM PDT

    Bitcoin miner finds forgotten fortune worth $8 millions

    Posted: 13 Mar 2020 08:09 AM PDT

    Buying bitcoin now

    Posted: 13 Mar 2020 03:28 PM PDT

    If I buy bitcoin now will I get the current price or does it have to be during normal trading hours?

    submitted by /u/minflow
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    What's Your Store of Value?

    Posted: 14 Mar 2020 03:53 AM PDT

    Bitcoin risk and logarithmic regression band update

    Posted: 13 Mar 2020 10:22 PM PDT

    Top10 Bitcoin ATMs holder countries

    Posted: 14 Mar 2020 02:43 AM PDT

    Used the Recent Decline to Join the 1 BTC Club!...

    Posted: 13 Mar 2020 12:58 PM PDT

    After several years of buying the dips, I am proud say that you guys can scratch 1 of the eventual 21 Million Bitcoin off the "for sale" list and mark it down "owned." I saw this time of panic as the perfect opportunity to achieve my goal and have been a fan of BTC for the past 3 years.

    Am I worried about the price? Nope.

    Will I trade it for shitcoins? Nope.

    Will I send it to a Nigerian Prince? Nope.

    Will I continue to aquire BTC if there is more panic in the future? You damn right I will. ; )

    submitted by /u/BitAnz
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