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    Bitcoin Daily Discussion, June 19, 2021

    Bitcoin Daily Discussion, June 19, 2021


    Daily Discussion, June 19, 2021

    Posted: 18 Jun 2021 10:06 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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    Insist on El Salvador Coffee

    Posted: 19 Jun 2021 02:38 AM PDT

    Portugal Grants First Crypto Exchanges Operating Licenses

    Posted: 19 Jun 2021 03:55 AM PDT

    The first bank in Danmark to enable customers to buy and sell Bitcoin������

    Posted: 19 Jun 2021 06:59 AM PDT

    "About a quarter of El Salvador’s citizens live in the US and last year, they sent home more than $6 billion in remittances."

    Posted: 19 Jun 2021 06:02 AM PDT

    El Salvador���� and WB

    Posted: 18 Jun 2021 09:59 AM PDT

    Africa records the greatest increase in P2P Bitcoin trading volumes!

    Posted: 19 Jun 2021 05:54 AM PDT

    Goldman Sachs Begins Trading BTC Futures

    Posted: 19 Jun 2021 05:04 AM PDT

    The Argentine Government Once Seized $1M from Michael Saylor... This Made Him a Bitcoin Bull (2-minute audio clip... this is a great story)

    Posted: 19 Jun 2021 05:35 AM PDT

    There will never again be a savings account that pays enough interest to keep up with inflation.

    Posted: 18 Jun 2021 09:47 PM PDT

    Hyperbitcoinization is already upon us.

    submitted by /u/jankis2020
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    A while ago, I showed off a tool that allows Twitch streamers to integrate Bitcoin + Lightning donations into their alerts. I am now making it open-source. Please contribute :)

    Posted: 18 Jun 2021 08:20 PM PDT

    Basketball Players in Canada to Be Paid in Bitcoin

    Posted: 19 Jun 2021 07:36 AM PDT

    CEBL, the Canadian men's basketball league, will offer its professional basketball players the option to receive a portion of their salary in cryptocurrency. The new payment option has been enabled through a partnership with the Canadian cryptocurrency exchange Bitbuy.

    Bitbuy to Convert Canadian Dollar Salaries Into Bitcoin

    The Canadian Elite Basketball League (CEBL) announced the deal with Bitbuy days before the start of its third season, on June 24. The league, which was founded four years ago, launched in 2019 with six teams, all of them owned and managed by the Canadian Basketball Ventures group. It now says the crypto partnership will be the first of its kind for any professional sports league in North America. CEBL Commissioner and CEO Mike Morreale commented:

    Our partnership with Bitbuy speaks to our commitment to players, and also to our forward-thinking approach to how we go about our business. We appreciate Bitbuy's investment in helping us further grow Canada's official national pro basketball league.

    With the help of Bit buy, the basketball players will be able to opt-in to receive a portion of their salary in bitcoin (BTC). The trading platform will convert the Canadian dollar payments into cryptocurrency and deposit the digital coins to the players' personal crypto wallets. The exchange, which has more than 300,000 users in Canada, will also become an official sponsor of the league as part of the agreement with the CEBL.

    Basketball Players Ask for Bitcoin Salary Option

    According to Charlie Aikenhead, VP of Marketing at Bitbuy, the partnership represents a significant shift in how athletes are thinking about compensation. "We're excited to help the CEBL's players protect their long-term wealth by getting paid in Bitcoin," he added, emphasizing that the crypto company is proud to support homegrown Canadian sports.

    The cooperation between Bitbuy and the CEBL comes in response to basketball players voicing interest in crypto payments to the league's management. They referred to the case of NFL's Russell Okung who last year became the first professional athlete in North America to be paid in bitcoin. In December, the Carolina Panthers offensive lineman announced he would be getting half of his 13 million-dollar salary in BTC, as Bitcoin.com News reported.

    Guelph Nighthawks' guard Kimbal Mackenzie, who will be among the first CEBL players to receive remuneration in crypto, was quoted in a press release as saying:

    The opportunity to be paid in bitcoin is something I'm incredibly excited about. I believe cryptocurrency is the future.

    Mackenzie thinks this is an investment that will appreciate greatly over the next decades and insists that his decision was a no-brainer. The crypto salary option, in his view, also highlights that the CEBL is one of the top professional sports leagues in the world.

    Cryptocurrency prices have increased significantly over the past year as both individual investors and companies sought to protect their funds in uncertain economic times due to the global pandemic. BTC, the crypto with the largest market capitalization, reached a record high of over $63,000 in April. It has since dropped to below $40,000 per coin and is currently trading between $35,000 and $36,000 on Saturday.

    Do you expect other sports leagues to offer their players the option to get paid in cryptocurrency? Tell me in the comments section below.

    Source

    submitted by /u/_kr_saurabh
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    Bank of Portugal grants license to Crypto exchanges, CEO says, people in Portugal have lost the recent boom of the Bitcoin market

    Posted: 19 Jun 2021 03:38 AM PDT

    Salvador ������

    Posted: 18 Jun 2021 05:49 PM PDT

    Cryptocurrency payments coming to some Texas H-E-B stores

    Posted: 19 Jun 2021 08:35 AM PDT

    How can we rise the adoption of Bitcoin ? USE IT

    Posted: 19 Jun 2021 05:22 AM PDT

    So let talk about this, how can we rise the adoption of BITCOIN ? how can we make it something real for people ? Let's use it in our daily routines, talk about it whenever we want to pay something ...let's make it our way to go in whatever we could pay by bitcoin ...let us only go for shopping places who a accept bitcoin, it's by this behaviour that we will "force" the world to accept bitcoin, not by just holding it or trading it, let us all of us, make bitcoin alive.

    Sorry for my english, I am Moroccan.

    submitted by /u/Investomaniak
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    Paraguay, Iran, & Populous African Country Looking To Legalize Bitcoin.

    Posted: 19 Jun 2021 06:12 AM PDT

    El Salvador Support Trip

    Posted: 19 Jun 2021 02:39 AM PDT

    What is the best time to visit? Anyone want to join me?

    submitted by /u/disciplinedhodler
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    From Bitcoins to ATMs, Illinois is positioning itself as a center for the cryptocurrency industry

    Posted: 19 Jun 2021 07:30 AM PDT

    Microstrategy hasn't bought yet the 500 million USD in BTC, right?

    Posted: 19 Jun 2021 04:52 AM PDT

    They always disclose in public announcement the amount of BTC and average price post-buy.

    Is he buying OTC? Over a few days on exchanges? What strategy is he using?

    Please comment if you know the answers.

    submitted by /u/simplelifestyle
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    Leave a testament, guys!

    Posted: 19 Jun 2021 01:46 AM PDT

    There's one thing often mentioned in tutorials, but nobody talks about it. If you've had a bank account, your wife / kids can send in a form proving whose it was. You can't retrieve Bitcoin this way. Even if you don't have family, you could donate this shit to some animal shelter.

    You could die in like 1 hour or tomorrow, who knows? Instruct someone you trust or speak to a solicitor.

    My english isn't perfect, please correct it. Have a nice day. Btw, it's a good moment to buy more BTC.

    submitted by /u/ismirschlecht
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    Goldman Sachs Becomes First Major U.S. Bank To Begin Trading Bitcoin

    Posted: 19 Jun 2021 08:26 AM PDT

    I know this is big news for the community, but I kinda have a bad tast I my mouth , thinking about Goldman Sachs and big sharks want a hand in everything . For me the whole point Bout crypto is to avoid these major banks they ruin so many lives !!! What to u guys Think?

    submitted by /u/Frank4streets
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    Historic SHORT Squeeze

    Posted: 18 Jun 2021 07:01 PM PDT

    Historic SHORT Squeeze

    Bitfinex BTC shorts are, on fiat worth, all-time high rn, and we do have the liquidity to pump and squeeze it. Institutions could be planning this move right now, or maybe it's already in play, I don't know, but the next 3 days are gonna be WILD. For either side.

    https://www.tradingview.com/symbols/BTCUSDSHORTS/

    As the Bitfinex graph shows there are 22102.9349 BTC in shorts right now, roughly $828 million dollars, if it starts getting squeezed we'll see a MASSIVE pump, which would have enough liquidity for those institutions to do whatever they want, take profit, or maybe drive BTC to its new ATH, taking the asset completely out of the woods, which would be fantastic for public institutions holding it, such as Tesla and Microstrategy. The shorts were placed at regular intervals, so if we get to liquidate the first wave, we'll surely destroy the whole market maker's fund.

    Also, we are exactly at the price Tesla acquired $1.5 billion dollars worth of BTC, going down below it would take TSLA down, so, knowing Elon, we can expect heavy resistance on technical points.

    We didn't touch the previous trend low, so daily is still technically bullish.

    Longs have almost always had more volume than shorts, you're not going counter the wave by shorting bitcoin, you're doing exactly the opposite.

    The fact that this big short is on Bitfinex could also mean the fund owner is willingly trying to show it to retail since bitfinex's shorts are public on tradingview.

    submitted by /u/adaoeovo
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    Can we get fairtrade style sticker put on products from Crypto accepting nations like El Salvador?

    Posted: 19 Jun 2021 08:48 AM PDT

    I'd buy from these countries more than non accepting countries.

    submitted by /u/HoagieWrap
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