Bitcoin Daily Discussion, April 30, 2021 |
- Daily Discussion, April 30, 2021
- Hope Bitcoin hits 1M but I have to unsubscribe. This place is an unhealthy echo chamber of delusion and speculation with little focus on the actual technology.
- Thomas Jefferson quote on Bitcoin
- This is crazy. I wonder if he held long enough
- Buying Bitcoin on Robinhood is not owning Bitcoin.
- MicroStrategy ($MSTR) bought 1 billion worth of Bitcoins in Q1 2021 !!!
- Sold 125 ounces of silver for BTC
- Many people are waiting for Bitcoin to drop before buying. But remember, there will only ever be 21M BTC. There are 46M millionaires in the world, and 8 billion people. So far the best strategy with BTC has been to just buy it and wait. Some people like to dollar cost average buy purchasing a steady
- Coinbase Adds PayPal As Payment Option For U.S. Users! Bullish!
- idk about you guys, but I grew up in the ghetto. Knowing those I cared about & grew up around were destined to work until their dying day or end up in jail out of financial desperation causing them to steal or run a nefarious business kept me from ever being able to keep my mouth shut about Bitcoin
- Australian stock exchange (ASX) set to launch a Bitcoin ETF this year.
- The world is our oyster ��
- Dollar-Cost Averaging (DCA) vs Buying the "Dip"
- This is what bitcoin would look like distributed in the same way global wealth is distributed today.
- Diamond Hands: Quarterly Report Shows MicroStrategy Stills HODLs 91,579 BTC Despite Billions in Paper Profit
- Kraken just added ACH/Online Banking. No longer only wire transfers!
- RGB : Smart contracts for Bitcoin and the Lightning network (very excited for this)
- New addition to my desk
- Revolut to allow bitcoin withdrawals
- 2FA App Should Be Required
- First red month since October almost done
- Convinced my studying girlfriend to start investing in BTC!
- The IRS Wants Help Hacking Cryptocurrency Hardware Wallets
- Peer-To-Peer Bitcoin Trading Rising Across Africa! Trading volume in Nigeria surpassed $99.1 million between January and March 2021, followed by Kenya with $38.4 million, Ghana with $27.4 million and South Africa with $25.8 million.
- The biggest thing that I can't stand about Bitcoin...
- Japanese game developer Nexon bought $100 million worth of bitcoins
| Daily Discussion, April 30, 2021 Posted: 29 Apr 2021 10:09 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]  | ||
| Posted: 29 Apr 2021 07:58 AM PDT I've been in bitcoin since late 2017 and it even sparked enough curiosity to send me back to school for cpu engineering, however as of late I've noticed more and more bullish sentiment (which I love) however it seems to be diluted unfortunately due to the sheer number of absolute shills who seem to have little to no understanding of blockchain tech or the ecosystem. Yes it's dangerous for companies to put large portions of their cash on their balance sheets into highly volatile assets. This isn't rocket science people, also isn't a damnation of bitcoin in itself. Yet after pointing out that simple fact I've received several nasty anon dm's....from one little comment. Be kind to one another, stack sats, and spread knowledge. Take Care! I'll check back in at 250k or something. [link] [comments]  | ||
| Thomas Jefferson quote on Bitcoin Posted: 29 Apr 2021 06:51 AM PDT "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." - Thomas Jefferson Satoshi Nakamoto took the power from the banks restored it to the people, to whom it properly belongs. [link] [comments]  | ||
| This is crazy. I wonder if he held long enough Posted: 29 Apr 2021 04:06 PM PDT
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| Buying Bitcoin on Robinhood is not owning Bitcoin. Posted: 30 Apr 2021 12:51 AM PDT
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| MicroStrategy ($MSTR) bought 1 billion worth of Bitcoins in Q1 2021 !!! Posted: 29 Apr 2021 02:33 PM PDT WoW!!! MicroStrategy just doubled their bet. See:
[link] [comments]  | ||
| Sold 125 ounces of silver for BTC Posted: 29 Apr 2021 02:58 PM PDT I'm a silver and gold stacker and BTC sat stacker. Selling all the bullion for Bitcoin. In satoshi we trust. [link] [comments]  | ||
| Posted: 29 Apr 2021 09:22 PM PDT | ||
| Coinbase Adds PayPal As Payment Option For U.S. Users! Bullish! Posted: 29 Apr 2021 11:23 AM PDT
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| Posted: 29 Apr 2021 06:42 PM PDT and cryptocurrencies in general. Instead, I spent the last 10 years telling and gifting Bitcoin to all those I cared about most. That one drug dealer-like trick has gotten everyone I cared about most on board in the last 10 years. So for those who are telling those they care about Bitcoin for the same reasons, I say speak on, gift on; otherwise, those at the bottom we were born with will stay at the bottom if we don't give them a little push. For anyone asking how you can gift Satoshis to someone without a wallet, well for me I usually tell them to check their email for a Bitcoin gift I sent them. On Coinbase you can send it to someone's email. The owner of the email will receive an email letting them know they have some Bitcoin waiting for them. Once they open an account, whatever you sent them will be propagated on it. If you know of any other options like this, please let me know in the comments and I'll edit them in. [link] [comments]  | ||
| Australian stock exchange (ASX) set to launch a Bitcoin ETF this year. Posted: 29 Apr 2021 10:17 PM PDT
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| Posted: 29 Apr 2021 09:50 AM PDT
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| Dollar-Cost Averaging (DCA) vs Buying the "Dip" Posted: 29 Apr 2021 10:23 PM PDT
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| This is what bitcoin would look like distributed in the same way global wealth is distributed today. Posted: 30 Apr 2021 02:08 AM PDT Currently global wealth distribution looks like this: Top 1% holds 41% of all wealth Next 8% holds 42% of all wealth Next 23% holds 14% of all wealth Bottom 68% holds 3% of all wealth If bitcoin were to be distributed in the same way this is how much btc each of those groups would own (assuming a population of 8 billion people). Top 1% would own 8,610,000 btc (0.1076 btc per person) Next 8% would own 8,820,000 btc (0.0137 btc per person) Next 23% would own 2,940,000 btc (0.0015 btc per person) Bottom 68% would own 630,000 btc (0.0001 btc per person) Owning 0.1 btc ($5,500 today) would put you in the top 1% of the global population should bitcoin become used as a global reserve currency. We are still so early! [link] [comments]  | ||
| Posted: 29 Apr 2021 02:35 PM PDT
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| Kraken just added ACH/Online Banking. No longer only wire transfers! Posted: 29 Apr 2021 02:34 PM PDT I received this email: "As a Kraken client you can now instantly purchase up to $2,000 worth of crypto each week by using online banking. It takes less than a minute to set up. Here's how: To get started: Sign in and click on the Buy Crypto button on the top navigation menu Select online banking and choose your existing bank Enter your bank login credentials (username and password) That's it! You will be validated immediately. Sign in and give it a try today." [link] [comments]  | ||
| RGB : Smart contracts for Bitcoin and the Lightning network (very excited for this) Posted: 29 Apr 2021 03:15 PM PDT
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| Posted: 29 Apr 2021 03:58 PM PDT
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| Revolut to allow bitcoin withdrawals Posted: 29 Apr 2021 08:52 PM PDT
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| Posted: 29 Apr 2021 05:23 PM PDT So I just wanted to share something that happened today when I was leaving work. I am leaving and my phone doesn't have a signal and says something about the sim card. I restart it, and still no signal. Now I'm like great my sim card is broken. (not the first time I have had an issue like this) I go home and see someone logged into my email and reset the password. They also tried resetting my Coinbase password too. Now I am like great I am getting hacked. I lock down my email and lock down my Coinbase account. Turns out the only thing that saved me was my 2FA app like Google authenticator. I have heard the stories about people getting their phone number stolen but I never thought it would happen to me. A little back story: I don't usually leave it on the exchange but I am getting a different hardware wallet and sell a little. I don't like keeping my money on the exchange because like everyone here says if you don't hold the keys it is not your crypto. TLDR: 2FA saved me from losing all my crypto. [link] [comments]  | ||
| First red month since October almost done Posted: 30 Apr 2021 02:50 AM PDT | ||
| Convinced my studying girlfriend to start investing in BTC! Posted: 30 Apr 2021 01:46 AM PDT Just some wholesome content for everyone. I've been in the crypto space for a few years, just idle and watching for the most part. Was into bitcoin back in 2017 but stupidly sold all that I had (like many others it seems). Over the last couple of months I've been investing on a weekly basis with some DCA involved, and trying to improve my knowledge as much as possible. I took out a small loan to pay off my car so that I would have extra cash flow until my partner finishes university. This has allowed me to invest a fair bit into bitcoin in a short amount of time, and I will be continuing to do so for the foreseeable future. With all the knowledge I've gained, and confidence I now have in bitcoin as an asset, I couldn't help but smother my girlfriend with that knowledge. I've told her to put in small amounts that she can manage on her uni budget, and today she finally started with her first $10 purchase, which she will continue to invest every week that she can. It's got her checking the price, and taking interest in what's going on. I couldn't be more proud. Make an investment in not only bitcoin, but the economic knowledge that follows. Invest your time and effort. It will be worth it. I now feel inclined to spread the BTC dream to my family and get then on this journey. I truly believe that BTC will be the preferred global store of wealth in the years to come, and surpass the market cap of gold by a mile. Many are too scared to start investing because they have not taken the time to understand it. Once global adoption begins to accelerate, we can expect huge, huge, huge things. We are still early (yes, I said early)! HODL, and do not let go of your precious coins. It doesn't matter if you buy at the current ATH, or on the dips, just keep accumulating and holding. Never give up on this dream. I once did before and I'll forever regret it. [link] [comments]  | ||
| The IRS Wants Help Hacking Cryptocurrency Hardware Wallets Posted: 29 Apr 2021 10:10 AM PDT
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| Posted: 29 Apr 2021 12:59 PM PDT
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| The biggest thing that I can't stand about Bitcoin... Posted: 29 Apr 2021 08:11 PM PDT After being in this space since 2018, going through all the phases, and learning as much as I possibly could about Bitcoin from every angle I've come to the realization that I truly hate all the damn influence of humanity out there. Let me specify what I mean. As Bitcoin's organic growth matures I've noticed a mega fuckload of powerful rich people, general media, and others throwing opinions out there trying to persuade everyone to look the opposite way of the revolution. Case in point Elon Musk. People are drawn to this guy and whatever he says. I'm sure he has his own intentions and methodology on shit he's doing and that he understands Bitcoin. Instead of being a positive influence and advancing the technology to better mankind, he shills a shitcoin!! Doing that put idiots in a position to gamble and lose a ton of money. That's very irresponsible for someone who's supposed to be doing good for mankind with all the advancements he's working towards. Aside from him we have media outlets who do ZERO research on the subject to try to get a better understanding and just come up with sensational titles to sway people's emotions which are effective. How many times have you heard someone parrot the FUD that Bitcoin is bad for the environment without knowing all the facts and what it does for humanity. In conclusion I just want to say that I fucking hate people. Bitcoin could be much further than what it is right now if it weren't for these shit pied pipers at every damn corner. All it takes is for someone with a lot of power to just make the right choice on words to say or actions to take and we could get through the slow parts a little faster otherwise humanity will have to suffer longer with broken money until it gets backed into a corner and has no choice to advance. [link] [comments]  | ||
| Japanese game developer Nexon bought $100 million worth of bitcoins Posted: 29 Apr 2021 03:57 AM PDT Japanese game developer, public company Nexon bought 1,717 bitcoins for about $100 million at an average exchange rate of about $58,200. President and CEO Owen Mahoney explained that the investment represented less than 2% of Nexon's total funds.
Nexon was founded in 1994. It develops online games. Nexon went public on the Tokyo Stock Exchange in December 2011. The company currently operates more than 50 online games in more than 190 countries. Earlier, the Hong Kong technology company Meitu, which produces smartphones and develops software, brought its investments in cryptocurrency to $100 million. At the same time, Elon Musk's Tesla announced that it sold $272 million worth of bitcoins at the end of March, with a profit of $101 million. The automaker's CFO, Zach Kirkhorn, stressed that the company believes in the long-term value of bitcoin and intends to maintain current assets in cryptocurrency and continue to accumulate coins received as payment for cars. The largest bitcoin holder among public companies is MicroStrategy. According to Bitcoin Treasuries, it owns 91,500 BTC worth about $5 billion. [link] [comments]  |
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