Bitcoin Mentor Monday, November 30, 2020: Ask all your bitcoin questions! |
- Mentor Monday, November 30, 2020: Ask all your bitcoin questions!
- I made this for 20K, but can't wait anymore :-) [OC]
- Best thing about Bitcoin is it trades 24/7/365. There is no waiting for markets to open and it makes stock trading look like a legacy platform.
- Gary Vee on Barstool Sports talking about Bitcoin ��
- At this price, $6 billion is enough to buy next year's entire new supply of Bitcoin
- Bitcoin stock to flow model.
- Daily Discussion, November 30, 2020
- Can you feel it bros?
- Russia is set to Legally recognize Bitcoin
- Make Most of the Gains With None of the Stress: Join HODL Gang Today
- We're just getting started," says Grayscale 's Michael Sonnenshein
- A Note About Bitcoin by James O'Beirne
- SLP231 Stepan Snigirev Build Your Own Hardware Wallet with Specter DIY
- Volatility when BTC reaches 100-200k
- Bitcoin Is Winning the Covid-19 Monetary Revolution
- I think im done with buying more bitcoin. to much stress...
- People are talking
- Explained - The Road to $100k Is Underway
- Bitcoin Payment in Venezuela's Pizzahut
- Where can I find citibank's leaked report for BTC hitting 318k by the end of 2021?
- 274 BTC were traded in Venezuela using LocalBitcoin (last week, lowest since 2018), down from 286. That equals 3,585,000,000,000 Bs. (ATH in Bolivares again in Venezuelan currency "VES"), traded volume is a constant USD amount. One BTC is around 18,300,000,000 Bs. Monthly minimum wage is 1.20 USD.
- Kraken is closing my account with no reason after I asked them my sepa transfers are missing.
- Casual BTC HODL-er just had my (relatively small amount of) BTC stolen...
- REPORT THIS SCAM LemmeBit.com
- You May Not Realize It Now, but There Is No Alternative to Bitcoin for Your Future
| Mentor Monday, November 30, 2020: Ask all your bitcoin questions! Posted: 30 Nov 2020 03:00 AM PST Ask (and answer!) away! Here are the general rules:
And don't forget to check out /r/BitcoinBeginners You can sort by new to see the latest questions that may not be answered yet. [link] [comments]  | ||
| I made this for 20K, but can't wait anymore :-) [OC] Posted: 30 Nov 2020 03:05 AM PST
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| Posted: 29 Nov 2020 05:06 PM PST Stocks and shares trading happens at a snail pace in comparison. News get released at the end of the trading day to let the market adjust before trading restarts. Bitcoin reacts in real time to news and adjusts, this means it is more volatile but it is real time sentiment. This also means it is a lot more engaging, IMHO. Update: Forex does not trade 24/7, but it is close. With the time zones changes it is only unavailable for a small window. Update 2: I agree with all the hodl'ers out there but even we need to pick the best time to increase our position. Just saying it is nice to react in real-time. For those that say it massively affects your ability to sleep or chill on the weekends, being a hodl'er makes it a lot easier because you only worried about when the next 'sale' is on when you can afford it without over leveraging yourself (don't take risks you cannot afford) [link] [comments]  | ||
| Gary Vee on Barstool Sports talking about Bitcoin �� Posted: 29 Nov 2020 04:51 PM PST
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| At this price, $6 billion is enough to buy next year's entire new supply of Bitcoin Posted: 29 Nov 2020 10:26 AM PST Just think about it Apple has a net income of $60 billion [link] [comments]  | ||
| Posted: 29 Nov 2020 01:28 PM PST
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| Daily Discussion, November 30, 2020 Posted: 29 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. [link] [comments]  | ||
| Posted: 30 Nov 2020 04:37 AM PST
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| Russia is set to Legally recognize Bitcoin Posted: 30 Nov 2020 02:28 AM PST
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| Make Most of the Gains With None of the Stress: Join HODL Gang Today Posted: 29 Nov 2020 05:50 PM PST Seeing a lot of new users asking about how to make some profits with Bitcoin. You'll find that 98% of Bitcoiners agree, join HODL Gang today. What's HODL? Simply put, it's an investing strategy of buying and holding without monitoring trends or otherwise timing the market. Why HODL? For all the reasons you're here, because Bitcoin is in an immensely bullish position. Also, because the global market for Bitcoin is one of the most opaque markets that has ever existed. Trading in and out of the Bitcoin market is nothing short of gambling for 99.99% of us. When to start your HODL? Today. Consider using Dollar Cost Averaging (DCA) by buying a small amount of Bitcoin every day, week, or month. For example, instead of piling in 20K today, go ahead and do 2K each month for the next ten months. Why DCA? Because it gives you time to learn and to build confidence. Bitcoin corrections are painful for investors who lack confidence. Many will sell a panic floor because they are unable to believe in an investment they still need time to fully understand. People spread disinformation during our weakest moments and you need to be able to judge what's true and what's FUD. You could potential maximum profits by piling all of your investment in today, but you'll have a healthier relationship if you take your time, become conditioned to the swings, and study up. When to sell? HODL Gang dreams of living off the interest of their Bitcoin as liquidity markets mature. If you feel it's time to sell, as with making your initial investment, consider DCA. Your 20k became 49k and that feels like a huge run, your confidence is down because of some piece of news you read, instead of selling your 49K today, sell 4K each month. You might be surprised at how quickly you revert to buying. What if I have a health emergency? Sell and take care of yourself. Health comes first. This isn't a cult. The excitement you see here is largely from users like me, who spent years studying Global Finance and who one day began to truly see the innovations of Bitcoin. This dream is bigger than you probably realize at right now. Remember, health comes first! What if I need to pay off high interest credit cards? This is tricker, you might kick yourself later, but I recommend selling for this purpose. A 22% interest rate is insane and abusive, terminate that relationship and restart your Bitcoin DCA buying after. Should I mortgage my house? This is even trickier to answer. First, because I don't give high risk investing advice to strangers. Second, because interest rates are so low that the mortgage cash will almost certainly earn more in Bitcoin than it will cost in interest. For posterity I have to discourage this plan. You need a place to sleep, to have peace, and to be healthy. I'd recommend sticking to DCA but I won't discourage you from crunching your own numbers and making your own well informed choice. Does OP put their money where their mouth is? No my mouth is on my face or buried in some tang. I put my money in my hardware wallet and HODL that shit. Any questions? Contributions? [link] [comments]  | ||
| We're just getting started," says Grayscale 's Michael Sonnenshein Posted: 30 Nov 2020 04:49 AM PST
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| A Note About Bitcoin by James O'Beirne Posted: 29 Nov 2020 05:06 PM PST
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| SLP231 Stepan Snigirev Build Your Own Hardware Wallet with Specter DIY Posted: 30 Nov 2020 04:09 AM PST
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| Volatility when BTC reaches 100-200k Posted: 29 Nov 2020 11:15 AM PST So I've been thinking about this, and it seems to me that by the time BTC reaches 100k, the chance of the coin dropping by 50% suddenly becomes exceedingly low, since most of the market cap would come from institutions and smart money, rather than speculators and retail investors. At that point, there should only be upside potential, as we move towards global adoption. That's the point when it becomes a store of value rather than a "speculative investment" Is this reasoning sensible? [link] [comments]  | ||
| Bitcoin Is Winning the Covid-19 Monetary Revolution Posted: 30 Nov 2020 12:23 AM PST
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| I think im done with buying more bitcoin. to much stress... Posted: 30 Nov 2020 12:56 AM PST Hello. So after this recent semi crash which i bought alittle too. I felt like enough is enough. Im not selling. But im going to forget about bitcoin for a year. But you know... bad thing is family and friend or people around wont forget it if i do. for example im doing my own thing and playing some game and my dad suddenly says... Did bitcoin drop? im liek what... I have to check to see the price and explain no its ok. looks like bitcoin gave me more responsibilities. now i have to explain others too... imagine being at loss and sad and need to calm others too lol [link] [comments]  | ||
| Posted: 29 Nov 2020 12:57 PM PST Guy at the gas station I frequent asked if I can show him how to do it, said his cousin mentioned it too. My gym bro asked me where to start today. No one else hearing talks? [link] [comments]  | ||
| Explained - The Road to $100k Is Underway Posted: 29 Nov 2020 11:03 PM PST
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| Bitcoin Payment in Venezuela's Pizzahut Posted: 30 Nov 2020 01:04 AM PST https://blog.digifinex.com/2020/11/30/bitcoin-pizza-day-all-day-everyday/ CryptoBuyer, a crypto services firm, has entered into a partnership with Mega Soft, a leading information technology firm, to drive crypto adoption in Venezuela by facilitating crypto payments at over 20,000 shops and businesses. [link] [comments]  | ||
| Where can I find citibank's leaked report for BTC hitting 318k by the end of 2021? Posted: 29 Nov 2020 02:25 PM PST I see articles posted about it, but I wanted to see the actual report. Where can I find this? [link] [comments]  | ||
| Posted: 29 Nov 2020 05:20 AM PST Hi, guys remember I'm Venezuelan living here updating this week numbers. We are very far from the 500 BTC weekly we were trading months ago. We are around 300 BTC weekly. The reason (I think) is the value traded in LocalBitcoin is fixed to USD, so as the BTC price goes up the volume gets down. The trade volume is constant at around 4,500,000 USD weekly. When we were trading around 500 BTC, price was hovering around 10k. That is why. Remember, this is only measured by LocalBitcoin (For sure the biggest exchange here). I'm Venezuelan "living" here, crypto entusiast. A lot of redditors have helped me somehow! I got several moons but sadly had to cash them out. You can ask me anything! Sources: https://www.usefultulips.org/combined_VES_Page.html https://www.caracaschronicles.com/ [link] [comments]  | ||
| Kraken is closing my account with no reason after I asked them my sepa transfers are missing. Posted: 29 Nov 2020 10:51 AM PST
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| Casual BTC HODL-er just had my (relatively small amount of) BTC stolen... Posted: 29 Nov 2020 06:59 PM PST So, I preface this by saying that from what I understand this is done and there is nothing I can do to rectify it. Years ago, someone gifted me some BTC. It was about $2 worth at the time (£1.50 or so), and I never spent it. I also did a little bit of work for BTC doing transcription or something, about £30 worth at the time. I kept it in my Blockchain Wallet online (mistake number one) and over the years I'd occasionally check in and see how it was doing. As of last week it was worth £200 or so. I never spent it and I didn't intend to, it was just nice to be part of it and have some BTC. Recently I was notified by Google that my passwords had been released in a 3rd party data breach. I spent some time fixing stuff up, but was busy with work so wasn't able to do everything. I finally got the chance to change everything today, and when I got to Blockchain... I realised that had been compromised. Whoever had access to my Google account used their access to my email to gain access to my Blockchain wallet and transfer themselves all the funds. And the date of the transaction was the day before my birthday last week. Woop-de-fucken-doo. I'm absolutely gutted. I didn't lose a large amount of money (comparative to some!) but it's still a shit feeling to know you've been robbed. And now I have no BTC, and I'm not exactly in a financial position at the moment to buy in. Sorry for the rant... I just needed to share this somewhere. EDIT: As far as I can remember, I did have 2FA turned on. I was notified that 2FA had been turned for my Google account, so I immediately changed that and switched passwords, but it seems like 2FA was disabled for a couple of other services I use too, (including Blockchain) which is a bit more worrying. [link] [comments]  | ||
| Posted: 29 Nov 2020 09:41 PM PST The site https://lemmebit.com is doing "free Bitcoin giveaways" on Discord, and when you go to withdraw you "free BTC" they ask for a deposit of 0.03 BTC for Verification. The site claims it was created in 2013 but was created 9/11/2020, they also mention Payward (Kraken) multiple times in their FAQs page saying they are associated with them. The only news sources talking about the site were created the same date and from the same domain seller one of which is https://newspay.net . Please report this site to https://safebrowsing.google.com/safebrowsing/report_phish/ to prevent beginner scams. Thank You. [link] [comments]  | ||
| You May Not Realize It Now, but There Is No Alternative to Bitcoin for Your Future Posted: 29 Nov 2020 08:56 AM PST
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![I made this for 20K, but can't wait anymore :-) [OC]](https://b.thumbs.redditmedia.com/eYfHkEe3qA2WI5BBHv4JrzLSQoe6yy_RtFld2I0z0TI.jpg "I made this for 20K, but can't wait anymore :-) [OC]")
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