• Breaking News

    Wednesday, June 16, 2021

    Home Unlabelled Bitcoin Daily Discussion, June 16, 2021

    Bitcoin Daily Discussion, June 16, 2021

    June 16, 2021

    Bitcoin Daily Discussion, June 16, 2021

    Daily Discussion, June 16, 2021

    Posted: 15 Jun 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.

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

    What's up in 2022?

    Posted: 16 Jun 2021 12:48 AM PDT

    Tim Draper is still bullish that bitcoin will reach $250,000 by the end of 2022

    Posted: 15 Jun 2021 04:22 PM PDT

    MicroStrategy keeps backing up the truck on bitcoin, even issuing the world's first "bitcoin bond." MicroStrategy CEO Michael Saylor breaks down his strategy [CNBCFastMoney]

    Posted: 15 Jun 2021 04:04 PM PDT

    While you still slave away for a half day off

    Posted: 15 Jun 2021 02:54 PM PDT

    When someone tells me there are other investments besides bitcoin.

    Posted: 15 Jun 2021 12:43 PM PDT

    SEC Announced it Will Not Tackle Cryptocurrency Regulation this Year

    Posted: 15 Jun 2021 09:35 AM PDT

    The Fed has printed $23 trillion in the last two years and is on its way to $30 trillion. And everyone is wondering why real estate is going up...

    Posted: 15 Jun 2021 07:31 AM PDT

    Billionaire Tim Draper: Still optimistic about Bitcoin, which will reach $250,000 by the end of 2022

    Posted: 15 Jun 2021 06:52 PM PDT

    Billionaire venture capitalist and Bitcoin investor Tim Draper said in an interview with CNBC "Make It" that he insists on being optimistic about Bitcoin, believing that Bitcoin will reach $250,000 by the end of 2022 or early 2023, despite this cryptocurrency The value of volatility fluctuates wildly. It is reported that Draper first made a bold price forecast in 2018. In addition, he predicted, "give it a year and a half, and retailers will appear on Opennode (a Bitcoin payment processor), so everyone will accept Bitcoin."

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

    Fox News passes on Bitcoin stories because "It wont play with Poor African-Americans"

    Posted: 15 Jun 2021 06:31 PM PDT

    On the latest Project Veritas video Ivory Hecker leaks video conversations between her and her boss, Lee Meier, Assistant News Director.

    In one of the clips, Lee Meier says "I may say, yeah and Bitcoin for a poor African-American audience at 5(pm), its probably not going to play"

    Also, "I have passed on dozens of Bitcoin stories"

    Here we have yet another example of the Media creating FUD around Bitcoin. We have lots of examples on how the media uses double speak, saying something and then saying the opposite, like stories about how Bitcoin is good, then Bitcoin is bad.

    I would like to take this moment to point out that the media also lies by omission. Purposefully not reporting on, likely, positive stories about Bitcoin. I am going to take a lead and assume that the "dozens of stories" that she passed on were Positive stories regarding Bitcoin.

    I would also like to make another assumption; Lee has a directive to not let African-Americans know about bitcoin. They want to keep Bitcoin a secret from as many people as possible right now. It seems really F*cked up to specifically target African-Americans for anything let alone Bitcoin.

    Here her argument is that poor black people are not interested in Bitcoin. Poor people are the ones who need Bitcoin the MOST! They want to keep black people poor, and deny them the knowledge of Bitcoin and its financial opportunities.

    Im not trying to make this political so I will not address the rest of the videos topics. Positive information regarding Bitcoin is being omitted from poor people. We need to continue to tell our friends and family about the financial benefits of investing some capital into Bitcoin. Its still early and we all know that, so help your friends and families become familiar with Bitcoin and Blockchain technology.

    If they ask you questions you dont know the answers to then you have some learning to do too. Educate yourself and then follow back up with them. This subreddit is a great place to ask questions as well because you will get good information from the community.

    Cheers.

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

    Please take care of your mental health

    Posted: 16 Jun 2021 12:30 AM PDT

    I was constantly checking the price and it was bumming me out. I reminded myself I'm in it for the long run and I haven't checked on the price in 2 days and I feel much better. I know about the price in general from reading the news but not checking the spot price has been good for my mental health.

    submitted by /u/CyberMonkey728
    [link] [comments]

    Full Node

    Posted: 15 Jun 2021 10:28 PM PDT

    I have one running and I'm honored to be contributing. That is all!

    submitted by /u/eleven8ster
    [link] [comments]

    Microstrategy is Planning to Raise Another Billion Dollars Through Stock Sale to Buy Bitcoin

    Posted: 15 Jun 2021 03:03 PM PDT

    After El Salvador, India may move to classify Bitcoin as an asset class

    Posted: 15 Jun 2021 11:15 AM PDT

    In retrospect, it was inevitable.

    Posted: 15 Jun 2021 11:04 PM PDT

    BIP 300: the end of altcoins

    Posted: 15 Jun 2021 06:52 PM PDT

    Bitcoin Emits Less Than 2% Of The World’s Military-Industrial Complex Carbon Emissions

    Posted: 15 Jun 2021 07:07 AM PDT

    Bitcoin is a one time per sentient species event: what does digital scarcity mean, Bitcoin's "Je Ne Sais Quoi," and the first and only digital land grab

    Posted: 16 Jun 2021 01:04 AM PDT

    Prior to the first Bitcoin block and the absolute scarcity that the network introduced to the world, every single object or resource in the physical realm had no absolute cap of availability. But now we have Bitcoin, the first truly scarce "thing" known to man. And it just happens to be digital. Yet, what does this actually mean--an absolutely scarce digital thing?

    Well in my view, it is something that can happen only once.

    Here is a hacked together logical proof replete with logical errors and random commentary:

    PROOF:

    1.) Absolute scarcity is not possible in the physical realm (barring extinction of living creatures and plant life of course).

    2.) Therefore, absolute scarcity can only occur in the digital realm.

    3.) Since absolute scarcity can only occur in the digital realm, what is it about the digital realm that allows that scarcity? With adequate security, computers have the ability to execute immutable rules.

    4.) Given that all computers with adequate security can execute immutable rules, what differentiates Bitcoin from ETH, Shibacoin, Fortnite V-Bucks, Fedcoin, or RuneScape party hats?

    5.) Bitcoin is a decentralized consensus based P2P open source network with absolute scarcity as its founding principle. All of those other digital tokens are subject to the whims of their owners with varying degrees of centralization and unpredictability.

    Still, this isn't quite satisfying, is it? After all, couldn't this sub just make a new bitcoin called "hodlcoin" with a 3.1 million coin limit, using exactly the same software as the bitcoin protocol. Yep! Could every sub on reddit do the same thing? Yep! Then we would have a trillion new coins floating around with 3.1 million coin limits for each sub protocol (dibs on WSBcoin) and some of the protocols would probably even be decentralized.

    So what is that extra "je ne sais quoi" about Bitcoin that makes it unique? Bitcoin is both a discovery and an invention. Satoshi invented Bitcoin and discovered absolute scarcity in the process as a byproduct (the potential for which always existed in the digital realm). This is why absolute scarcity cannot be replicated. The discovery has been made.

    Interestingly enough, this also aligns with what the world needs. The world only needs 1 absolutely scarce digital asset because Bitcoin can effectively store decillions of dollars of USD value right now. The price of a bitcoin in USD is essentially meaningless to the network.

    So then, what does all this word salad mean? Pretty simple really. This is the age of the digital land grab. Those who understand Satoshi's discovery earliest will be the landed gentry of tomorrow. Those who don't, serfs servicing the robots that replaced them for one years salary.

    submitted by /u/Crafty_Supermarket15
    [link] [comments]

    Bitcoin rapes the planet less than all these other things!

    Posted: 16 Jun 2021 12:47 AM PDT

    Please stop paying the high priority fees that wallets and exchanges are charging. Right now 4 Sat/vb is clearing while people pay 140 Sat/vb.

    Posted: 16 Jun 2021 12:58 AM PDT

    Title says it all.

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

    New Bitcoin (BTC) Fund Is Coming From Banking Giant Morgan Stanley – AronBoss

    Posted: 16 Jun 2021 01:23 AM PDT

    Microstrategy Selling up to $1 Billion of MSTR Stock to Buy Bitcoin

    Posted: 15 Jun 2021 09:15 AM PDT

    Microstrategy Inc. is selling up to $1 billion of its common stock, MSTR, intending to use some of the net proceeds to buy bitcoin. The Nasdaq-listed company also recently completed a $500 million secured notes offering and will use the proceeds to acquire bitcoins.

    Microstrategy Inc. has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) to launch an "'at the market' securities offering for flexibility to sell up to $1 billion of its class A common stock over time," the company announced Monday. The company's class A common stock is listed on the Nasdaq Global Select Market under the symbol MSTR.

    Michael Saylor`s Tweet

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

    Ray Dalio Says: 'Cash Is Trash'

    Posted: 15 Jun 2021 10:38 PM PDT

    American Billionaire Paul Tudor Jones Puts 5% into Bitcoin (BTC)

    Posted: 15 Jun 2021 09:45 AM PDT

    “Our investors told us the cash was trash” - Michael Saylor on CNBC

    Posted: 15 Jun 2021 08:39 PM PDT
    Read more
    at

    No comments:

    Post a Comment