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    Bitcoin Daily Discussion, May 03, 2021

    May 03, 2021

    Bitcoin Daily Discussion, May 03, 2021

    Daily Discussion, May 03, 2021

    Posted: 02 May 2021 10:02 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.

    submitted by /u/rBitcoinMod
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    My country is in a fight against dictatorship

    Posted: 02 May 2021 08:33 PM PDT

    I live in Colombia and at the beginning of the pandemic i converted all my savings and income straight into Bitcoin.

    I lost all my savings twice before when the bank declared bankruptcy and a few years ago the bank literally stole money from my account.

    Now since April 28 war broke out and things are not looking bright for the country.

    Some people on Twitter and also Imgur trying to give live updates on the situation

    https://imgur.com/gallery/QQIM0yi

    https://twitter.com/FisicoImpuro

    https://twitter.com/HOLLMANMORRIS

    https://twitter.com/HRI_ONG

    90% of my money is save, thanks to Bitcoin !

    Sadly news sources aren't covering the true picture here (as you can see in the imgur link), strikes broke out 28 of April and the Police and Military are killing, torturing, raiding peoples homes and shooting flash bang grenades and tear gas grenades in people's homes.

    Right now i have my windows barricaded with mattresses and a gaping hole in my roof from flash bang grenades.

    All the routes are blocked, anyone trying to drive a car around gets shot at with live ammo.

    I had my house paid off last year and now will lose everything again.

    If i do make it out, i have at least my Bitcoins that i have saved !

    Even if the country recovers, the local money will be as useless as Venezuelan bolivars.

    submitted by /u/Lemons81
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    UPDATE: About to engrave my seed into eternity

    Posted: 02 May 2021 07:37 PM PDT

    Me when Bitcoin pumps

    Posted: 02 May 2021 08:19 PM PDT

    There will only be 21 million Bitcoin. What happens when 7.6 billion people realize that?

    Posted: 02 May 2021 05:18 PM PDT

    It's too late for many, especially those who haven't heard about it yet. What about those sitting on the sidelines? Are you paying attention to grab a portion of it while you can? Or waiting for next big crash?

    Source

    submitted by /u/papasmruf
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    Bill Maher reacts on camera phones in 2003

    Posted: 02 May 2021 07:02 AM PDT

    everytime in the dip

    Posted: 02 May 2021 07:24 AM PDT

    Creating a crypto portfolio funded entirely by Blood Plasma Donation $$$ ������

    Posted: 02 May 2021 07:23 PM PDT

    About to engrave my seed into eternity

    Posted: 02 May 2021 11:02 AM PDT

    Anthony Pompliano schooling paper hands Dave Portnoy on the basics of Bitcoin

    Posted: 02 May 2021 04:25 PM PDT

    Thankful for You All and BTC

    Posted: 02 May 2021 02:38 PM PDT

    My life took a turn for the worst a few weeks ago. Many things have gone wrong for me. The only thing that has gotten me through some of my worst days is reading the different posts and conversations on this sub. I'm grateful for you all and all of the knowledge I've learned about bitcoin through you all. I will Hodl as long as I can, and because of you all, it is going to be for a long time.

    submitted by /u/ChrisChristiesFUPA69
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    John Oliver had much more intelligent (than Maher) segment on bitcoin. And that was more than 3 years ago. Still holds up today very well.

    Posted: 02 May 2021 06:06 AM PDT

    MicroStrategy CEO, Michael Saylor, believes that Gold failed to increase its value and observers are now replacing Gold with Bitcoin

    Posted: 03 May 2021 01:43 AM PDT

    The chairman and CEO of MicroStrategy, Michael Saylor, believes that despite the chaotic slide on global bond markets at the beginning of this year, Gold failed to increase its value. Besides, people recognize that Bitcoin is replacing Gold.

    submitted by /u/Wild_Attitude
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    Willy Woo Predicts that Bitcoin gonna be $300000+ by the end of December 2021.

    Posted: 02 May 2021 11:54 AM PDT

    DCAing in Bitcoin is like winning the lottery in slow motion

    Posted: 02 May 2021 10:22 AM PDT

    Do you agree?

    submitted by /u/Raggnarock
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    Bitcoin solves the energy grids "duck curve" problem

    Posted: 02 May 2021 11:06 AM PDT

    Nigeria Stopping the Rejection of Old or Torn USD Notes Underlines Why Crypto Is a Better Reserve Currency

    Posted: 03 May 2021 02:04 AM PDT

    Bitcoin Miner Is Scoring 700% Profits Selling Energy to Grid

    Posted: 02 May 2021 09:18 PM PDT

    Why doesn't Turkey just lie and say thier inflation rate is 2% like USA and the rest of Europe does?

    Posted: 02 May 2021 03:35 PM PDT

    why can't Turkey just lie like the other countries do?

    submitted by /u/hyperinflationUSA
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    F2Pool, the biggest miner with close to 1/5th of the total hashrate signals for Taproot! (3rd mining pool to do it).

    Posted: 02 May 2021 09:34 AM PDT

    Making Sense of Bitcoin’s Pathway to $500K and Why We Need to DCA into Bitcoin

    Posted: 03 May 2021 02:10 AM PDT

    BTC to ♾

    Posted: 02 May 2021 04:15 PM PDT

    SECOND Mining Pool signals for taproot readiness! Go Taproot!

    Posted: 02 May 2021 08:48 AM PDT

    What is the origin story of a single unit of Bitcoin being set equal to 100M sats?

    Posted: 02 May 2021 05:48 PM PDT

    My understanding and from what I can tell, the core code only ever uses an integer (long) for the values of coins in tx's; never deals with doubles/floats or scaled floats. This base unit eventually became known as a satoshi or sat.

    But when and why did 100 million of these base units become known as a single unit for Bitcoin. I'm interested in both technical and banter of the origin story that became the infamous single unit of a Bitcoin.

    A naive assumption I've arrived at is that it may have something to do with the max value of a 32 bit signed integer (2,147,483,647 = [231 - 1]). Probably just a coincidence, but this max value is 100 times (plus some) the 21 million bitcoin limit we always hear about.

    submitted by /u/oGceaseless
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    What if Bitcoin became the World Currency

    Posted: 03 May 2021 02:12 AM PDT

    bitcoin

    Posted: 03 May 2021 03:21 AM PDT

    I should buy bitcoin because these news about Inflation will increase?

    submitted by /u/PipeSubstantial7968
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