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    Bitcoin Daily Discussion, November 17, 2020

    Bitcoin Daily Discussion, November 17, 2020


    Daily Discussion, November 17, 2020

    Posted: 16 Nov 2020 11:00 PM PST

    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
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    Everyone goes through this.

    Posted: 16 Nov 2020 10:48 AM PST

    BTC price has only ever been higher than this for 10 days

    Posted: 16 Nov 2020 11:32 PM PST

    $ 16736 right now on Bitfinex.

    If you exclude 10 crazy days in December 2017, this is the all-time high.

    submitted by /u/bookposting5
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    Preparing Bitcoin Moon Mission

    Posted: 17 Nov 2020 12:29 AM PST

    I posted this 7 years ago, Bitcoin is on fire again!

    Posted: 16 Nov 2020 03:03 PM PST

    Maisie Williams on Twitter: Should i go long on bitcoin?

    Posted: 16 Nov 2020 12:12 PM PST

    I told my wife about magic internet money. So she made me this

    Posted: 16 Nov 2020 05:07 AM PST

    It finally happened... my Ivy League business school educated friend finally turned to me to ask about bitcoin after Citibank makes a 300k price point in the next year. After the last 4 years of me arguing in favor of BTC.

    Posted: 16 Nov 2020 10:17 PM PST

    I also enjoyed telling him that he shouldn't trust that price projection because they have probably already bought a bunch of bitcoin and are just trying to get people like him to buy and look like an ass when it drops. I told him if he buys that he needs to hold for dear life and expect it to be a bumpy ride.

    submitted by /u/Mendrinkbeer
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    Elon Musk Replying to Maisie Williams on Twitter: "�� Toss a bitcoin to ur Witcher ��"

    Posted: 16 Nov 2020 02:44 PM PST

    Movin on Up

    Posted: 16 Nov 2020 09:33 AM PST

    Grayscale now owns 500,000 Bitcoin ($8.5 Billion, 2.4% of total) - and they're speeding up as less and less rare Bitcoins get minted.

    Posted: 16 Nov 2020 12:32 PM PST

    Bitcoin is pumping, aaaaaaaand Coinbase is down

    Posted: 16 Nov 2020 12:45 PM PST

    Like clockwork

    submitted by /u/TheJabot
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    What HODL is really about

    Posted: 16 Nov 2020 09:02 PM PST

    HODL works because the day everyone does it, Bitcoin will have reached its potential - replacing the dollar as the defacto store of value and becoming the savings account of the masses.

    Think about it, the average person right now does HODL something - cash. They HODL cash until they want / need to spend it on goods or services.

    In the near future, Bitcoin has the potential to play that role - people will HODL until they need to "cash out" some to spend it on an economic good or service.

    So the ultimate point of HODL is not to sell later on for cash profit, but it's teaching us to save and spend when we actually want to consume, knowing that we will not only keep the value we have stored, but be rewarded for it with higher purchasing power in the future.

    I full well understand that a lot of people get into Bitcoin to make profit (profit denoted in fiat), but I believe many more will stay with Bitcoin because it will be the primary way they are able to save.

    To a generation of burrowers and spenders, Bitcoin teaches us to save.

    submitted by /u/viva1992
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    First time buyer!

    Posted: 17 Nov 2020 12:05 AM PST

    Bought my first little slice of BTC today and feeling pretty good about it! To the moon we go!

    submitted by /u/Mountaineer326
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    British Actress Maisie Williams – “Should I go long on Bitcoin?”

    Posted: 17 Nov 2020 03:07 AM PST

    Today's my birthday my GF got me this cake

    Posted: 16 Nov 2020 10:10 AM PST

    A long long time ago: Bitcoin a peer-to-peer electronic cash system

    Posted: 17 Nov 2020 02:48 AM PST

    Grayscale Investments Purchases $240M Worth of Bitcoin Again

    Posted: 16 Nov 2020 06:48 AM PST

    Welcome to $17K again BTC!!

    Posted: 17 Nov 2020 03:37 AM PST

    I made this video explaining a formula that attempts to answer the question “How much bitcoin should you own?”

    Posted: 16 Nov 2020 04:10 PM PST

    Why Your Business Should Accept Bitcoin

    Posted: 16 Nov 2020 06:07 PM PST

    From what I can gather there are 120k investment firms and 30k banks world wide.

    Posted: 16 Nov 2020 07:38 PM PST

    Which only leaves 1400 bitcoin total per financial institution, never mind what's been lost or what individuals own.

    submitted by /u/Vigilias
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    In its history, BTC has been above the current price for only 194 hours (about 8 days)

    Posted: 17 Nov 2020 02:48 AM PST

    Calculation based on Bitstamp BTC/USD

    submitted by /u/Max_Findus
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    I did it guys, I moved my coinbase btc to electrum!

    Posted: 17 Nov 2020 03:41 AM PST

    Freeeeeeddddooooooooom!

    submitted by /u/StarvingAutist
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    Coinbase Goes Down as Bitcoin Nears $17K - (Incompetence never dies!)

    Posted: 17 Nov 2020 02:00 AM PST

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