Bitcoin Daily Discussion, April 26, 2021 |
- Daily Discussion, April 26, 2021
- ��Here we go....could we have an all time high? $69, 70 or 75K��
- BTC the original crypto coin.
- Laughed at for buying my Niece bitcoin for her first birthday...Last summer.
- Remembered this GEM from a few years ago and since everyone seems to be bashing you guys thought it would help some of you. HODL GANG
- When Bitcoin corrects in a bull market
- For someone trading bitcoin on a 24 inch monitor in 2010, bitcoin has actually gone to the moon.
- “The FDIC never goes broke, we are backed by the US government” -60 Minutes
- After JPM spreading FUD about Bitcoin dropping to $20k last week, they now claim they see the market improving. This is why you don't listen to FUD from corporate shills trying to get you to sell low!
- Elon Musk should put a full bitcoin node on the moon
- DID ANYONE NOTICE
- “We just change the banks balance on the computer” what could go wrong?
- One thing has become abundantly clear to me with Crypto and the stock market.
- The dip might be in gentlemen, and a breakout might be right around the corner. If the pattern holds, then we can potentially see a 70k ₿itcoin in the next 15 days.
- Let’s all remember Ben Lawsky. The scumbag who set up all of the New York regulations and red tape, just to set up his own shop in the private sector “advising”
- Why Bitcoin is so hard for traditional economists and investors to understand.
- How to compile a bitcoin node from source in Ubuntu.
- We're 468% UP on the yearly. This isn't even close to a infamous Bitcoin dip so can we watch with all the price posts already?
- Bitcoin @ $200K
- Bitcoin Volatility 2017 Vs. 2021 — Price numbers go up, volatility numbers go down. BTC is stabilizing like never before.
- This correction is not fun
- Comeback Kid
- Great response from Tahini's owner to Taleb's FUD
- "Bitcoin is Key to an Abundant, Clean Energy Future", Square
- I was an overleveraged bitcoin degen and I have learned my lesson.
- Turkey right now
| Daily Discussion, April 26, 2021 Posted: 25 Apr 2021 10:05 PM PDT 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]  | ||
| ��Here we go....could we have an all time high? $69, 70 or 75K�� Posted: 25 Apr 2021 08:24 PM PDT
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| Posted: 25 Apr 2021 02:27 PM PDT
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| Laughed at for buying my Niece bitcoin for her first birthday...Last summer. Posted: 25 Apr 2021 09:39 AM PDT So I was trying to decide what to get my niece for her first birthday last July. I figured she's probably gonna get loads of crappy toys that she will quickly grow out of . I had just started buying BTC earlier that year so I thought I will get her some, I only bought £50.00 worth for her when it was worth $8000ish dollars. When my brother and his wife the parents of my niece opened the card to a message that said " You now own 0.0066 Bitcoin" they seemed a bit confused, my brother in law then laughed out loud and said' Who buys a baby Bitcoin'. I have to admit I felt pretty bad... It's now worth almost £300.00 and counting. I said she can withdraw when she's 18. [link] [comments]  | ||
| Posted: 25 Apr 2021 09:59 PM PDT
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| When Bitcoin corrects in a bull market Posted: 25 Apr 2021 04:34 AM PDT
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| For someone trading bitcoin on a 24 inch monitor in 2010, bitcoin has actually gone to the moon. Posted: 26 Apr 2021 03:35 AM PDT Bitcoin exchange trading first went live on Bitcoinmarket in March 2010 at a price of $0.003. Someone looking at a 1 minute chart might have it zoomed in so that a 2% move is encompassed in their chart. A huge 2% move of $0.00006 fill theirs screen, and their 24 inch 4:3 screen screen is about 18 inches (1.5 feet) all. Oh no. I cant believe I missed the move from $0.003 to $0.00306. Should I fomo in? Where will it go next? It is now April 2021 at a price of $53,500. The $0.00006 move has been repeated (53500/0.00006=) 891,666,667 times, and if each move is 1.5 feet for the monitor height, it has now moved 1,337,500,000 feet. The moon is 238,825 miles, or 1,261,000,000 feet away from the Earth. Bitcoin: 1,337,500,000 feet Bitcoin has actually gone to the moon [link] [comments]  | ||
| “The FDIC never goes broke, we are backed by the US government” -60 Minutes Posted: 25 Apr 2021 08:39 PM PDT
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| Posted: 26 Apr 2021 03:14 AM PDT
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| Elon Musk should put a full bitcoin node on the moon Posted: 25 Apr 2021 11:00 PM PDT Elon Musk should put a full bitcoin node on the moon as the first step to show the world that he can build a secure data center on space (the moon), and Bitcoin network is super resilient than any other network. The latency between moon and earth is only 1.3 seconds, which is manageable. Some reasons why this would be the coolest "to the moon" project for SpaceX:
Next step is a small mining rigs on the moon, and then a full-blown data center to store important data for human. Free solar power and low temperature. Think about the Github Arctic Code Vault project. How cool it is to connect this thing to his Starlink project? Everyone who signed up with Starlink gets 1 MB space on the moon for free! Let's upvote this to get Elon noticed! [link] [comments]  | ||
| Posted: 26 Apr 2021 12:59 AM PDT The bank-financed newspapers reveling in BTC's latest drop, predicting the end, "the crash is here", "could half by 50%", "bear market could be just getting started" etc etc. But barely a word written since it rebounded. Thats gotta sting! [link] [comments]  | ||
| “We just change the banks balance on the computer” what could go wrong? Posted: 25 Apr 2021 09:08 PM PDT
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| One thing has become abundantly clear to me with Crypto and the stock market. Posted: 25 Apr 2021 08:23 AM PDT YouTubers don't know jack shit. They are completely speculating and change their outlook every couple of hours. I will continue to Hodl and stay the fuck away from their commentary. Cheers! [link] [comments]  | ||
| Posted: 25 Apr 2021 09:09 PM PDT
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| Posted: 25 Apr 2021 04:01 PM PDT
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| Why Bitcoin is so hard for traditional economists and investors to understand. Posted: 25 Apr 2021 07:32 AM PDT I have been working in finance for the last 15 years, with a background in applied economics and I didn't have my Bitcoin epiphany until last year. When I first heard about Bitcoin, I dismissed it immediately with the same tired Dutch tulip bubble critique. As you are well aware, this is literally always the go to example used by detractors. On the surface, it's not that hard to understand why this is their initial reaction. Think of all the barriers that one has to cross: what exactly is the technology behind it, what if it gets hacked, price volatility, government bans, use case, bad actors (Mt. Gox), environmental impact, and other various FUD. Then once you get past that - you have to learn about exchanges, wallets, private keys, self custody, mining process, halving, hard forks, hash rate, etc. Honestly, it takes an exhausting amount of learning to even come to an informed decision on Bitcoin. But in my experience, when someone takes the time to peel back all these layers, they almost always reach the Bitcoin singularity and then there is no going back. My Bitcoin journey was borne out a simple math problem of world wide governmental spending and how quickly that is going to catch up with us. When just looking at the US government's baked CBO projections and adjusting for their historical inaccuracies, you see an inflationary situation unfolding of 10% or more year over year, starting in about 8 years. This calculation was done before all the covid spending, which is obviously going to accelerate that timeline. Bitcoin is so much more than an investment and it's hard to categorize it as just one thing. It is truly a revolutionary technology that will be looked at as an instrument that helped push economics into a new plane of existence. I can't stress to people how revolutionary it is for a monetary policy to be controlled autonomously by math. That's it, rant over and enjoy your Sunday. [link] [comments]  | ||
| How to compile a bitcoin node from source in Ubuntu. Posted: 25 Apr 2021 10:06 PM PDT
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| Posted: 25 Apr 2021 03:32 PM PDT Come on.. no harm but this is hardly a time for either freaking out or to reassure others. The crypto run in the last year has been nuts, compared to years gone by.. it still is! [link] [comments]  | ||
| Posted: 25 Apr 2021 08:34 PM PDT I just read on Twitter that when BTC goes to 200K, half the billionaires in the world will be BTC billionaires... Somehow this feels surreal to me, how does everyone else feel about this lol... [link] [comments]  | ||
| Posted: 26 Apr 2021 02:14 AM PDT
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| Posted: 25 Apr 2021 03:07 PM PDT I remember when bitcoin came out. I'm a software guy so I like tech. I'm one of those "I almost bought bitcoin back when...". I remember when it hit 3k and I was disappointed that I had missed out. And then... And then... Finally got up the nerve to put money into bit coin 2nd quarter of this year. I sold, I moved money, I squeezed what I could squeeze. I became a whole coiner. 25% down for me hurts. I hold onto the hope for the future. As an older self employed individual without a 401k, this is my last time at the plate. The next 10-15 years are critical. Deep breaths. Lots of deep breaths. Edit: No need for u/RedditCareResources but thanks for being concerned. I'm just a rookie hodler who needed a pep talk. [link] [comments]  | ||
| Posted: 26 Apr 2021 03:55 AM PDT I think we can officially call BITCOIN the comeback kid. -22% in 12 days To all that bought for a discount 🚀 [link] [comments]  | ||
| Great response from Tahini's owner to Taleb's FUD Posted: 25 Apr 2021 05:39 AM PDT
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| "Bitcoin is Key to an Abundant, Clean Energy Future", Square Posted: 26 Apr 2021 03:57 AM PDT Related: https://wintonark.medium.com/bitcoin-mining-impact-on-renewable-uptake-fc91c5aa9be0 https://github.com/ARKInvest/SolarBatteryBitcoin Is this all just cynical marketing talk to silence the conscience of environmental-aware investors, or does oversizing renewable energy production and using the excess for mining really makes some engineering sense? Or is this besides the point anyway, because Bitcoin mining will eventually self-regulate (halvings, fees) to reduce energy demand? Any critical thoughts/projections/publications beyond those occasional and seemingly rather one-sided/opinionated news articles very welcome! [link] [comments]  | ||
| I was an overleveraged bitcoin degen and I have learned my lesson. Posted: 26 Apr 2021 01:43 AM PDT I made a mistake during the greed, overleveraged my BTC positions and got liquidated. It hurts to lose 2BTC for no good reason. Lesson learned. Don't be an overleveraged degen. Buy bitcoin and hodl. Btc will rescue all degens, have faith. Now enjoy the gains. Have a nice day. [link] [comments]  | ||
| Posted: 25 Apr 2021 03:32 PM PDT
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