• Breaking News

    Wednesday, February 3, 2021

    Bitcoin Daily Discussion, February 03, 2021

    Bitcoin Daily Discussion, February 03, 2021


    Daily Discussion, February 03, 2021

    Posted: 02 Feb 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
    [link] [comments]

    GameStop stock craze is basically a $20+ billion ad for Bitcoin

    Posted: 02 Feb 2021 01:45 PM PST

    Bitcoin represents a system where censorship is impossible, with no bias, no favoritism, no handouts, and no money printing.

    Bitcoin was designed from the ground up to be decentralized money. There is zero ability for the network to be manipulated, for decisions to be made unilaterally, or to have any of its users censored.

    In essence, it is money designed for a true democracy.

    https://www.cryptovantage.com/news/the-gamestop-stock-craze-is-basically-a-20-billion-ad-for-bitcoin/

    submitted by /u/thecryptovantage
    [link] [comments]

    Interesting conversation with the Bitcoin customer service

    Posted: 03 Feb 2021 12:44 AM PST

    I had some problems with transferring my Bitcoin today.

    So I called the Bitcoin customer service (had the number from a friend).

    They told me to please hold.

    submitted by /u/reclamerommelenzo
    [link] [comments]

    Hedge Funds are nothing - remember the Central Banks

    Posted: 02 Feb 2021 12:34 PM PST

    As someone that's been involved in bitcoin for almost a decade now, watching the WSB drama last week rekindled an old understanding in me.

    I get the intention of WSB - the financial system is completely and utterly broken, and fighting it is good. Hedge funds are tiny little fish though, and the Bitcoin community had spent years fighting a war so much bigger than that. The war against Central Banking.

    The scale is completely and utterly different. All the Hedge Funds in the entire world managed just over 3 trillion dollar's worth of assets in 2019 - accumulated over many decades, in many countries.[1]

    The United State's Federal Reserve created more than 3.4 trillion USD in 2020 alone.

    Yes, one central bank printed in one year more money than is managed by all the hedge funds in the whole world.

    This is what Bitcoin is up against. This is the scale of this war. And this is the war we're here to win.

    Edit: I'm happy this resonates with other people. <3

    You can follow me on twitter for more weaponised autism: https://twitter.com/TomNormanCohen

    [1]https://www.statista.com/statistics/271771/assets-of-the-hedge-funds-worldwide/

    [2]https://www.cityam.com/almost-a-fifth-of-all-us-dollars-were-created-this-year/

    submitted by /u/PM__YOUR__DOGGO
    [link] [comments]

    Warren Buffet was right about Bitcoin being rat poison.

    Posted: 02 Feb 2021 11:16 PM PST

    And Wall Street is the rat.

    submitted by /u/snapbeatzzz
    [link] [comments]

    The promise, stress, and frenzy of GME and AMC is giving me BTC 2017 vibes. Thought I’d share this oldie but goodie

    Posted: 02 Feb 2021 11:38 PM PST

    Bitcoin is only 7% of Gold's total market cap and 44% of Silver's market cap - we are early!

    Posted: 02 Feb 2021 01:53 PM PST

    Asset Manager Values Bitcoin at $500K, Expects BTC to Be Worth More Than Gold, Sees Massive Institutional Interest

    Posted: 02 Feb 2021 10:19 PM PST

    I bought Bitcoin through Binance once. Now they won't stop spamming me.

    Posted: 02 Feb 2021 05:59 PM PST

    There was a post on the crypto reddit which reminded me of this issue, as my problem is exactly the same.

    After signing up to Binance they send you marketing emails about new tokens... okay fair enough.

    But then if you unsubscribe and/or mark them as spam/block them, Binance will send you marketing emails from a different sudomain to bypass the block.

    I think this is illegal, and is a really shady practice. We should tell them to stop doing this.

    Here are screenshots:

    https://i.imgur.com/V9osb4G.jpg

    https://i.imgur.com/3YNsOm1.png

    submitted by /u/madjani000
    [link] [comments]

    The last bitcoin will take 40 years to mine

    Posted: 02 Feb 2021 12:29 PM PST

    The last bitcoin will take 40 years to mine

    Starting at block 5,040,000 the block reward (the coinbase transaction) for each block will be only 0.00000298 BTC. And will continue to halve every 4 years ending in the year 2140.

    Over these last ~40 years (38 probably more accurate), only 1 BTC TOTAL will be mined.

    Consider yourself lucky to be here in Reward Era #4.

    https://preview.redd.it/gif6v4q5j4f61.png?width=825&format=png&auto=webp&s=5705a6478ec5c2db182eaa911dd8595119f4d5bf

    submitted by /u/pfergi42
    [link] [comments]

    TIL: Starbucks, Disney, Pfizer, Visa, Deloitte, ABC, and ServiceNow have speakers at MicroStrategy's/Michael Saylor's conference on Feb 3-4. I imagine these companies are getting rid of their melting ice cubes

    Posted: 02 Feb 2021 11:43 PM PST

    big moon vibes

    Posted: 02 Feb 2021 03:16 PM PST

    One River CEO Eric Peters: Institutional Interest In Bitcoin Is Astounding

    Posted: 03 Feb 2021 02:13 AM PST

    BTC ownership is much less concentrated than often reported

    Posted: 03 Feb 2021 01:27 AM PST

    it's still early days

    Posted: 02 Feb 2021 06:32 PM PST

    Canada gets two applications for Bitcoin ETFs on the Toronto Stock Exchange

    Posted: 03 Feb 2021 03:25 AM PST

    Marc Cuban giving the real diamond hands a shoutout ������

    Posted: 02 Feb 2021 07:32 AM PST

    10yr candles are fat green

    Posted: 02 Feb 2021 04:53 PM PST

    Michael saylor to shoot BTC to the moon!

    Posted: 02 Feb 2021 08:56 PM PST

    Getting mass BTC adoption!

    Posted: 02 Feb 2021 01:25 PM PST

    Lately I've been posting things for sale on Craigslist/FB groups/etc. I always will list the item for its $USD amount first, but then offer a % discount if they pay in BTC. This helps get the narrative out there that BTC is a legitimate currency, and people will do their own research since buying with BTC helps give them a discount instead of paying in cash.

    The trick is to list the item in cash a bit higher than what you actually want to sell for. Say you want to sell an item for $100, what you do is list it for $120 but say that you will also take $100 in BTC only.

    If we can get more people doing this, it could help spread mass adoption!

    submitted by /u/HappyLuckBox
    [link] [comments]

    Ukraine’s Energy Ministry weighing up nuclear-powered Bitcoin mining

    Posted: 03 Feb 2021 02:38 AM PST

    Newcomer, looking for a good wallet

    Posted: 03 Feb 2021 02:36 AM PST

    Hello group! I've been investing in btc since it was @7k and now I would like to transfer my non existant 2.1 btc in a wallet or in the worst case cash in from e toro and buy again to move in a wallet, I want to have my btc!! In live in EU. Any suggestion?

    submitted by /u/Lucanifff
    [link] [comments]

    Bitcoin continues to disappoint naysayers and doomsdayers

    Posted: 02 Feb 2021 07:47 PM PST

    Continue to buy and HODL even when it goes past $100K

    submitted by /u/Laswet
    [link] [comments]

    No comments:

    Post a Comment