Bitcoin Daily Discussion, November 22, 2020 |
- Daily Discussion, November 22, 2020
- This is how I've been feeling lately.
- 3D Satoshi Gang ��
- The US printed 21% of its entire money supply, just in this year. This is not just about us, getting wealthy anymore. Its about making sure that those we care about, are not robbed by the current financial system. Its more important than ever now, to enlighten them about Bitcoin.
- I don't really give a wooden nickle what the price is or will do, I'm stacking more sats come Monday and immediately putting it into cold storage for probably 10 years.
- I heard we're now using the 'S thing' to respresent a Satoshi. I'm no artist but here's my attempt.
- Don't keep more in fiat than you can afford to lose.
- Bitcoin is now only $5 billion behind J.P. Morgan by market cap!
- PayPal Buying Up Most Of The Newly Minted Bitcoins
- We are Facing a Massive Bitcoin Supply Shortage in the Market | PayPal, CashApp, and GrayScale Buying
- My keys my coins!
- When people tell me to sell BTC...
- Bitcoin future price prediction by few people
- Not your keys, not your coins
- Is Bitcoin even risky anymore?
- Don't get rekt fellow Bitcoiners
- BTC shower thought: many of the houses being purchased today will someday be sold for less than one bitcoin
- CMV: The steep learning curve an average joe must climb to get bitcoin from an exchange to a cold storage device creates friction, scares some away, induces anxiety, and overall is a disservice to all BTC owners.
- Attention NEW Bitcoiners: Security tips to get you started.
- Hardware wallet recommendations?
- Video of what happened to bitcoin in 2018
- Bitcoin can benefit the American and World Economy and Standard of Living
| Daily Discussion, November 22, 2020 Posted: 21 Nov 2020 11:01 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. [link] [comments]  | ||
| This is how I've been feeling lately. Posted: 21 Nov 2020 04:39 PM PST
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| Posted: 21 Nov 2020 08:39 AM PST
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| Posted: 22 Nov 2020 01:57 AM PST | ||
| Posted: 21 Nov 2020 02:32 PM PST I have a feeling I'm not alone and in the past few weeks. Some of us who are already stacked and up a lot already are still kicking ourselves in the ass all this time for not acting on the gut instinct to buy more when you could have afforded. You instinctively feel that the last few weeks of gains are small in comparison to the long term hodl picture. All my expenses for the month are paid and I'm sitting on some extra cash I was going to use for my standard of living for the next month, time to sacrafice that luxury before it's too late to bank on my future. Never stop stacking until you feel it's going to actually benefit your future. [link] [comments]  | ||
| I heard we're now using the 'S thing' to respresent a Satoshi. I'm no artist but here's my attempt. Posted: 21 Nov 2020 10:11 AM PST
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| Don't keep more in fiat than you can afford to lose. Posted: 22 Nov 2020 12:37 AM PST The "don't invest more into bitcoin than you can afford to lose" narrative feels tired and false. Fiat is a sure-lose bet and bitcoin is not going anywhere. [link] [comments]  | ||
| Bitcoin is now only $5 billion behind J.P. Morgan by market cap! Posted: 21 Nov 2020 02:43 PM PST
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| PayPal Buying Up Most Of The Newly Minted Bitcoins Posted: 21 Nov 2020 10:52 PM PST
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| Posted: 21 Nov 2020 05:52 PM PST
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| Posted: 21 Nov 2020 10:20 PM PST My Trezor came in today, and I'm happy to say that I finally was able to put my coins in my actual pocket. Thank you for all the advice and information on how to get off of an exchange. [link] [comments]  | ||
| When people tell me to sell BTC... Posted: 21 Nov 2020 05:05 PM PST
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| Bitcoin future price prediction by few people Posted: 22 Nov 2020 12:53 AM PST
-(Citibank) Fitzpatrick's prediction is $318,000 for Bitcoin price in December 2021 [link] [comments]  | ||
| Posted: 21 Nov 2020 10:59 AM PST Just a friendly reminder to remove your cryptocurrency off the exchanges as soon as possible. [link] [comments]  | ||
| Is Bitcoin even risky anymore? Posted: 21 Nov 2020 10:17 PM PST Is bitcoin even risky anymore? To me it doesn't seem like bitcoin is a risk investment anymore. It's being adapted more and more each day and w the backing of companies like Square and PayPal it seems like it's being legitimatized as a currency/asset at an exponential rate. Much of the confusion that the general public had surrounding bitcoin/crypto in 2018 seems to have disappeared. Pretty much everyone knows what it is now and I have even seen my less crypto-savvy friends start to use ur and appreciate its function (granted it's to gamble on bovada 😂). So my question is: what makes bitcoin "risky" nowadays. Is it the fear of an alt-coin gaining an edge? Is it a fear of security/hackers? Is it a fear of governments prohibiting it? Regulation? I'm thinking about putting a percentage of my paycheck every few weeks into it and I'd love to hear y'all thoughts. EDIT: I'm talking about in the long term 5-10-20yrs. I am not too worried about liquidity. [link] [comments]  | ||
| Don't get rekt fellow Bitcoiners Posted: 21 Nov 2020 09:22 PM PST Fellow price-insensitive HODLer here, a few unsolicited tips for everyone: 1. Don't invest something you can't afford to lose. By definition this means you should have an emergency stash in fiat. 2. Don't borrow to invest. There's enough upside without the risk of margin loss. 3. Don't try to time the market. Buy and sell as per your goals, not your hunch. 4. Learn to distance yourself from the noise. What happens day-to-day is interesting but irrelevant. 5. Always talk about Bitcoin. Never talk about your Bitcoin. [link] [comments]  | ||
| Posted: 21 Nov 2020 09:38 AM PST | ||
| Posted: 21 Nov 2020 08:26 AM PST This is not a rant. I post with the hope to learn and start a productive discussion. My background is business and finance. I trade options regularly and have for a few years. Not a brag. I just thought buying BTC for some sweet HODL action until I retire many years from now would not be difficult. After many a google search, article reading, youtubing, etc. I find myself at GDAX buying BTC with a Trezor on the way. I'm in now and will keep buying in. After this experience though, I'm really disappointed. I understand crypto is an elegant technology that is secure because of the redundancies and complexities built into it. However, I found the whole process unfriendly to potential new users. The neogenesis of jargon seems circlejerkish. I personally enjoy it, it's a fun new world, but I'd gladly have it done away with where possible to encourage more people to buy in. The way exchanges operate is dissimilar to others. The steps from buying to really owning are not self-evident. I find this ironic and hypocritical in what I believe is the attempt to subvert the power of established financial institutions and national currencies. Bottom line, the easier it is to buy and hold the more people buy in. Is this not what we want? As with any store of value, the more the merrier, bc buying is a signal of value that influences others to recognize that value. In other words, when stonks go up it's because more people are buying in and holding. We don't want that to be difficult. [link] [comments]  | ||
| Attention NEW Bitcoiners: Security tips to get you started. Posted: 21 Nov 2020 03:11 PM PST Hi, everyone With the large influx of new Bitcoiners I thought I would share some basic security measures. Please feel free to add your input and suggest others!
This is a brief overview of how you can be more secure. If you have any questions on the above bullet points, please feel free to ask for clarification! -The Bitcoin Dude [link] [comments]  | ||
| Hardware wallet recommendations? Posted: 22 Nov 2020 02:07 AM PST Was thinking ledger, but not sure if still the top after the incident. Any recommendations? Looking for top security with ease use being at most on the higher end but not too high. Thanks [link] [comments]  | ||
| Video of what happened to bitcoin in 2018 Posted: 21 Nov 2020 01:20 PM PST
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| Bitcoin can benefit the American and World Economy and Standard of Living Posted: 22 Nov 2020 02:39 AM PST Here is why: 1) The traditional narrative as a Gov and Bank killer is a bankrupt argument 2) Bitcoin will most likely be a win-win scenario that everyone will benefit 3) There is excess of wealth now in most counties 4) People store this wealth in stocks and mainly real estate 5) Especially the real estate is a big problem because people buy homes just to store value 6) An alternative and better finite store or wealth is bitcoin, because is portable. As long as it is collectively valued as digital gold and cannot be stolen - it offers more benefit than real estate 7) if Bitcoin is successful money maybe diverted from real estate and house prices will drop. This will be a true win for humanity because houses will have a pure utility purpose and not be hyper inflated. This way, people will have affordable housing and security. They will not be paying mortgage for their entire lifetime. 8) Also bitcoin can serve as a FinTech and tech stock since many of these services will be based on it (aka the new internet and the evolution of a lean banking) What do you think? [link] [comments]  |
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