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    Bitcoin Daily Discussion, January 27, 2021

    Bitcoin Daily Discussion, January 27, 2021


    Daily Discussion, January 27, 2021

    Posted: 26 Jan 2021 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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    Philadelphia Bitcoin billboard AR irl...more details in comments

    Posted: 26 Jan 2021 05:03 PM PST

    Bitcoin Advocate Chamath Palihapitiya is Running for California Governor

    Posted: 26 Jan 2021 09:28 AM PST

    Craig Wright's Anti-Bitcoin Attempts Just Helped Bitcoin

    Posted: 27 Jan 2021 04:16 AM PST

    Don't be the person who doesn't see the iceberg

    Posted: 26 Jan 2021 10:04 PM PST

    You are probably checking the bitcoin price, sweating. Maybe you bought this month and are down, maybe you bought a few months ago and until recently, you were up big. I hope you aren't selling.

    I'm not rich, but I had a condo and sold it. You know what I bought? Bitcoin. And guess what-I'm not selling because this is just getting started.

    Most people want to keep you down, to not reach your full potential. To be part of the system, but need the system. Ask yourself: what are the rich doing? I'll tell you what they are doing-they are buying bitcoin, gold, and luxury real estate.

    The system has taken it's logical course and it's worked for a while-about 70 years. Can we break covid and go back to "normal". Sure. Debt will be 30 Trillion. By 2025 50 Trillion and debt to GDP at 200%. And by 2030, the game has fundamentally changed. There's a huge demand for all the cash in the world, and it looks like bitcoin is going to be one of the exits.

    Most people love the system. It comforts them and gives them structure. I'm fine with that. I like comfort too.

    Don't get this twisted-the people at the top aren't smart. They inherited an amazing, once in a 1,000 years system 80 years ago. And what did they do? They destroyed the system and gave the future generations the problems. They have kicked the can of debt down the road.

    I don't think you will ever see a mortgage at 4% again. EVER.
    Inflation? Minimum wage will be $15-and that's not even enough.
    Imagine paying $20 for a burger/fries/coke. It's coming.

    The traders will tell you "it's going to $25k". I kick myself for not DOLLAR cost averaging over the last 4-5 years. Huge mistake.

    The problems of society will not go away. At best they are delayed. You know why? because our debt is growing much faster than our taxes. And it's about to go exponential.

    Bitcoin is my insurance policy.

    submitted by /u/mrbiggelsworth07
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    I’m not jealous of the gains people made on $GME... I’m jealous if the unity they have against the system

    Posted: 26 Jan 2021 09:34 PM PST

    This was what we Bitcoiners were supposed to be about. I'm cheering them from afar, but deep down inside that should've been us. We should've been the ones to fuck the system over and shoot to $1m...

    submitted by /u/JeremyLinForever
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    U.S. congress is now hosting the Bitcoin Whitepaper

    Posted: 26 Jan 2021 03:01 PM PST

    Bitcoin company taking Dutch central bank to court to fight extra wallet-verification requirement

    Posted: 26 Jan 2021 11:28 PM PST

    ARK's Cathie Wood on The State of Bitcoin & New SEC Chairman Gensler - Jan 26th 2021

    Posted: 27 Jan 2021 02:43 AM PST

    Estonia starts hosting the Bitcoin whitepaper, good job CSW, now entire nation states are telling you fuck off.

    Posted: 26 Jan 2021 08:33 AM PST

    Grayscale still buying Bitcoin, purchases nearly 1000 BTC

    Posted: 26 Jan 2021 05:26 AM PST

    I want to make 100 portraits of Bitcoinheads. My first portraits are Peter schiff, Andreas Antonopoulos & Hal Finney. Who should I do next?

    Posted: 26 Jan 2021 12:04 PM PST

    How I spent 1.3 Million dollars on A Pizza ��for a friend.

    Posted: 27 Jan 2021 03:10 AM PST

    So I was told I needed to post this story on Reddit. So here you go when Bitcoin was just over a dollar, ($1.13) I played an Online game With a friend who lived in Norway, the game was EVE online. We had been playing that game since 2004, and one day me and my roommate who also played EVE ordered pizza one day after work, and our Friend, will Call Him "Griff" he Wanted one too. So me and my roommate pitched in to buy him a pizza as we just got paid and felt generous, but it was hard to do a currency exchange with no fees and without waiting, so I found a website that sold Bitcoin, but minimum was 100, a total of 113$, and then convert BTC into viking bucks, then into intercontinental space pizza 🍕... And it ended up costing around 43 Bitcoins to accomplish that.. so in total. 43btc x $32.000 = $1,376,000 😅😅

    But Here is the kick in the teeth for the one time use of the bitcoin purchase.. I never used the other 67 Bitcoin ... that's sitting in a wallet on some website or email or hard drive that may or may not exist anymore and have no idea where or how to get access to it.. 🤷 Thanks for reading, I'm still sad.

    submitted by /u/tricanis
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    Thousands are signed up to attend Microstrategy corporate Bitcoin summit next week ��������

    Posted: 26 Jan 2021 01:25 PM PST

    Couldn’t hodl

    Posted: 26 Jan 2021 02:41 PM PST

    I just sent everything I had in Bitcoin from my ledger to Coinbase.. I need the money, always thought I'd be able to hodl longer but I haven't gone to work in a month and I'm out of boring people money so here I am, saying goodbye to you guys. It was nice, got a good amount, enough to pay rent for this month and buy food. Depression sure is a shitshow. See you all in the moon some day.

    submitted by /u/Un-edumacated
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    Rothschild Investment Adds to Grayscale Bitcoin Holdings

    Posted: 26 Jan 2021 10:36 PM PST

    Why FEB 2021 will be MASSIVE for Bitcoin! | MicroStrategy Encouraging Retail Investors to buy BTC

    Posted: 27 Jan 2021 12:48 AM PST

    HangerSix Seeks to Pay COD Players In Bitcoin

    Posted: 27 Jan 2021 12:11 AM PST

    Bitcoin, GameStop, and the Price of Taking on Wall Street

    Posted: 26 Jan 2021 06:48 PM PST

    Just moved everything to cold storage

    Posted: 26 Jan 2021 04:59 PM PST

    Feels good. Had over a coin on block fi and Gemini custody. Just couldn't shake the feeling of it disappearing due to some unknown including a government confiscation. Considering we are probably in attack phase before acceptance best to hide in the shadows.

    I will say though moving off block fi was incredibly easily. Didn't think it would be.

    And I will say I don't think I could live with my self losing btc especially as the price goes up. I know my self and I can regret stuff hard core for a long time.

    submitted by /u/Aggravating_Shoe169
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    Bitcoin Miner Transaction Fee Gathering Capability (BitMex Research)

    Posted: 27 Jan 2021 04:08 AM PST

    Bisq Exchange

    Posted: 27 Jan 2021 12:51 AM PST

    Any Bisq users here? It's been around for a while but I recently started using it, good experience so far! While these popular exchanges may be nice for liquidity and ease of use, isn't it ridiculous that we are using centralized exchanges when cryptos are supposed to be decentralized? I hope DEXs like Bisq gain traction in the future. Feel free to ask questions if you need help.

    submitted by /u/k_reanjesus
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    SOPR indicating the return of the Bitcoin Bull Market is likely imminent — LeoFinance

    Posted: 26 Jan 2021 05:16 PM PST

    Bitcoin For Corporations Will Bring In Billions in Investments - Michael Saylor

    Posted: 26 Jan 2021 07:34 PM PST

    Rothschild Investment Corporation Buys more shares of Grayscale’s Bitcoin Trust

    Posted: 27 Jan 2021 01:28 AM PST

    Estonia first country to host Bitcoin white paper on government domain

    Posted: 26 Jan 2021 09:26 AM PST

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