• Breaking News

    Thursday, July 1, 2021

    Bitcoin Daily Discussion, July 01, 2021

    Bitcoin Daily Discussion, July 01, 2021


    Daily Discussion, July 01, 2021

    Posted: 30 Jun 2021 10:08 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]

    Daily Discussion, July 02, 2021

    Posted: 01 Jul 2021 10:04 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]

    I bought 5 Bitcoin in 2012. I chose hardware Bitcoin and not a Wallet as I was so new to Crypto I did not know what I was doing. My computer was stolen and the drive wiped. How do I get back to my coins?

    Posted: 01 Jul 2021 03:13 PM PDT

    My computer was stolen... there is no drives anymore everyone. I downloaded software, I purchased a coin with the software, it gave me a string of number and letters. I think I copied and pasted them to a work document and saved it on my computer. Then the computer got stolen In 2012. Hope that helps clarify 🤓

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

    Jack Maller's Strike will only charge 0.3% to broker BTC trades which drastically undercuts Coinbase's 3.99% fee.

    Posted: 01 Jul 2021 10:21 AM PDT

    Here I sit with a shot of Bourbon. I am not afraid; Bitcoin is my armor. I just keep stacking sats. I have no strategy, no trading formula, don't care how much the FED owes. I must be an idiot savant. I just buy Bitcoin. That's all.

    Posted: 01 Jul 2021 06:15 PM PDT

    Spotted in Sayulita, Mexico

    Posted: 01 Jul 2021 11:55 AM PDT

    Running my own node!

    Posted: 01 Jul 2021 03:02 PM PDT

    It didn't take long :( The Globalist Empire, US oligarchs are attacking El Salvador, blacklisting top government officials. Prez Nayib Bukele is one very brave man! Bitcoin & Freedom!!!

    Posted: 01 Jul 2021 08:23 PM PDT

    Let me clear up the confusion about China and the crypto ban

    Posted: 01 Jul 2021 01:42 AM PDT

    Been living in China 6 years. China doesn't have a legitimate stock market because of widespread government interference and corruption. The real estate scene is a huge bubble, propped up by the government. There is a limit on the number of houses one can buy (you can't buy land). So Chinese want to invest outside China, but the government will not allow you to send money abroad to invest. SWIFT transfers, whatever....not allowed for investment purposes. So Crypto presented a loophole for moving money out, and it was banned for that reason.

    In summary- Crypto = financial freedom. CCP no like financial freedom. CCP ban crypto. Simple. Nothing to do with the digital yuan.

    submitted by /u/mtb312000
    [link] [comments]

    BTC TIMELINE ��#Bitcoin 10 years monthly chart: Halving Year: 2012, 2016, 2020 Bullish Year: 2013, 2017, 2021 Bearish Year: 2014, 2018

    Posted: 01 Jul 2021 11:50 AM PDT

    Bitcoin billionaire ‘drowns in sea' & his fortune could be 'lost forever'

    Posted: 01 Jul 2021 05:28 PM PDT

    Caught a scammer on this sub. Here are all his accounts:

    Posted: 01 Jul 2021 05:26 AM PDT

    I mean it's reddit, so we see lots of dumb shit, but this is just hilarious. I've never seen a scammer that's that dumb, I'm almost sorry for them

    Got a DM from a "girl" asking me how I'm doing. Naturally the first thing I did was check out the profile.

    100 comment karma, no posts. 90% of the comments in one of those subs where people beg for karma so they can post on normal subs. The other comments were interesting thou. They were on crypto subs and they promoted some "big shot investor" they had made money investing with - guaranteed returns of course.

    The funny thing is they were responding to their own comments from different accounts having a conversation with themselves about how great said guy is and giving each other (themselves) tips on investment.

    How do I know it's the same person you may ask? Well funny enough they used the same account description on all their accounts, all are online at the same time and only comment at the same time, all on the same subs first begging for karma and then promoting a crypto scam talking to themselves.

    Here are the four I could find so far.

    u/Ill-Concentrate-5526

    u/Quirky_Fishing_4093

    u/Excellent_Ad7304

    u/DistinctSir626

    Please be careful and don't let yourself be scammed.

    Posted the conversation to r/Scams

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

    I just got an email threatening me for Bitcoin because of porn?

    Posted: 01 Jul 2021 08:39 PM PDT

    I just received an email in my spam folder that is very long demanding money in Bitcoin from watching porn. Saying they have been recording me for months and if I don't Pay within 48 hours they will leak it. Is this a common scam? I am actually concerned

    submitted by /u/Kindly_Feedback8390
    [link] [comments]

    I'll be happier owning .25 bitcoin worth $5,000 than I am holding .15 that's worth $6,000. Does that make sesne?

    Posted: 01 Jul 2021 06:19 AM PDT

    Bitcoin ATM's are becoming common in Texas

    Posted: 01 Jul 2021 01:40 PM PDT

    Bitcoin ATM's are becoming common in Texas

    Just spotted this one in McKinney TX. In a cool little shop called Neighborhood Nosh. Pretty cool you can buy or sell bitcoin with cash. And it looks way cooler than a regular ATM.

    Pros and Cons?

    I think as we move to a cashless society, people will have a loads of paper cash they'll want to offload. This is a great opportunity to get rid of that grimy paper for some fresh bitcoin. And anonymously too!

    But, ATM's like this have pretty high fees. I suppose its the price we pay for convenience.

    Anybody every used a Bitcoin ATM before? Recommend or no?

    https://preview.redd.it/gnal4icnxn871.jpg?width=737&format=pjpg&auto=webp&s=a9705ccdc2c2c0b81fbb6e5c4a9dd6c47a389381

    submitted by /u/bfonz91
    [link] [comments]

    People breaking into the Lebanese Swiss Bank, their currency fell by 90% over the last 2 years.

    Posted: 01 Jul 2021 03:30 PM PDT

    Venezuela to Cut Six Zeroes Off Bolivar to Simplify Transactions

    Posted: 01 Jul 2021 12:01 PM PDT

    $2B in Bitcoin disappears along with exchange founders. STOP storing your Bitcoin in exchanges, people! Not your keys, not your coins.

    Posted: 01 Jul 2021 01:07 AM PDT

    I wrote this monster post to try to explain to beginners why it's time to pay attention to Bitcoin. Please help share it with someone whose future you care about.

    Posted: 01 Jul 2021 07:52 AM PDT

    I would like to give some encouragement to folks who have converted their first value into Bitcoin in the last 7 weeks and feel like they are down

    Posted: 01 Jul 2021 09:01 PM PDT

    You think you fucked up. 'Omg, I bought at 60k, and I'm still holding. I'm questioning my once staunch conviction…'

    Let me tell you something that you already know but that you need to hear again: you're surprisingly one of the smartest human beings on the planet.

    I bought my first BTC in 2014 for $400 and sold it for $500 in 2016, thinking I was a shrewd investor. I was wrong.

    In fact, I was a frustrated investor, thinking that my $400 investment should've made much, much more in my speculative investment I had made. Afterall, I was taking on a lot of risk and I've held for 2 years without much return, right?…

    About a month after I sold my $500 BTC I was scrambling to buy as much $2k BTC as I could. Oops, now it's 5 years later and that $500 BTC would be worth $36k.

    I've done well, despite not trading perfectly. You know what I've done. I've bought more and more all the way up and all the way down since my first market disappointment. Cycle after cycle after cycle.

    And you know what? My net worth is way bigger than my Dads.

    The lesson is: you can't fuck it up. You're an early adopter, still. Buy BTC, it's the greatest technological innovation of your lifetime. It could take years to get even, but you're gonna be okay.

    I'm not shit. I heard this same thing from real OGs who bought in 2013, and THEY weren't shit compared to guys in 2010.

    Welcome to the lineup. You'll be an OG yourself soon enough.

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

    Made my own seed plates!

    Posted: 01 Jul 2021 07:29 PM PDT

    Bitcoin 101

    Posted: 01 Jul 2021 06:28 PM PDT

    1. Watch as many bitcoin youtubes as you can.
    2. Listen to as many bitcoin podcasts as you can.
    3. Read as many bitcoin books as you can. Bitcoin websites.
    4. Read the white papers.
    5. Sign up on trust worthy exchange.
    6. BUY your first BITCOIN EVEN IF IT IS ONLY 5 OR 10 DOLLARS JUST DO IT. THAT IS THE HARDEST PART. Once you do keep reading , keep listening to podcasts and reading.
    7. Keep buying and start to stack sats. Hodl.

    The more you read and listen to podcasts like Robert Breedlove, Stephan Livera and the Bitcoin Standard the more you will ask yourself why did it take me this long to jump into Bitcoin? Do not worry about that we all ask ourselves this hardest part is over you are in now that is all that matters and you are still early-this is just starting - just hang in do not sell your bitcoin, remember to keep stacking sats and hodl. Keep reading and educating yourself. Soon enough you will be an Austrian or an AnarcoCapitalist either way bitcoin has made you much smarter and has opened your eyes to the world. The rabbit hole is deep-have no fear jump in- us humans are explorers at heart - there is a lot to learn so go as far down the hole as you can. Keep reading and follow the links. Read the quoted authors like Murray Rothbard, Hyack, Menger and Mises they will open up your mind like a lotus. Again keep buying bitcoin, stack your sats and Hodl. I can not stress this enough buy Bitcoin and do not sell it. You do not know me but you will understand me once you have swallowed the orange pill. Enough with who I am this is not important however I will let you know this what ever I tell you to do-I do or have done and or continue to do. So buy more bitcoin even a little, some sats are better then no sats. You will thank me one day as I thank those who gave so freely to me and others. This is not a religion. This is freedom. We are Freedom fighters.

    Bitcoin 101 Just make your first buy that is the hardest part. I am with you all the way you got this.

    submitted by /u/webfoot516
    [link] [comments]

    What will you do if Bitcoin hits $1m in the future?

    Posted: 01 Jul 2021 08:04 AM PDT

    Many people are talking about Bitcoin hitting $1 million USD in the future. Crypto enthusiasts are very optimistic, as they believe their dreams will come true with a Bitcoin halving taking place every 4 years. If Bitcoin hits such price levels, many early adopters will become millionaires. It could be tempting to either sell all of your Bitcoin or "hodl" it for the long term.

    What will you do if Bitcoin hits $1m in the future? Will you sell all of your Bitcoin for cash? Or will you go long in the hopes of Bitcoin reaching higher prices on the market? Will you donate your profits to a charity? Just curious to know. Your input will be greatly appreciated.

    submitted by /u/vitalo5
    [link] [comments]

    The Australian Securities and Investments Commission says #Bitcoin is "likely to satisfy" standards for an ETF.

    Posted: 01 Jul 2021 09:56 AM PDT

    https://asic.gov.au/media/yhbgvq02/cp343-published-30-june-2021.pdf

    The Australian Securities and Investments Commission says #Bitcoin is "likely to satisfy" standards for an ETF.

    Superannuation assets (retirement funds) are one of the largest in the world in Australia and totaled $3.1 trillion at the end of the March 2021 quarter. An ETF will allow retail stock market investors and superannuation inflows.

    submitted by /u/PSSD1989
    [link] [comments]

    Central Bank Digital Currencies (CBDC) are the monetary equivalent of having an "internet" per country instead of the World Wide Web. The more central banks go down this road, the more absurd they will appear and the more people will question them. There's no stopping a Global DeFi future.

    Posted: 01 Jul 2021 03:52 AM PDT

    All over the world people can read this post... the opinion of one person.

    The technology that enables has largely only been made possible thanks to the digital revolution and melting pot of open-source development, ideas and inspiration.

    We are living in a modern era where humanity has never been so interconnected and the ability to share views, opinions and ideas has become further reaching and more efficient.

    Our ancestors would be memorised at the power technology has allowed individuals possess both individually and collaboratively.

    In the last century, we have gone from not being aware thst some of our global citizens even existed to globally collaborating on multi-billion open and decentralised projects.

    In a world where globalization and interconnectivity is becoming increasingly prevalent, the very cencept of individual central bank digital currencies will appear as archaic and outdated as the way the world views North Korea.

    submitted by /u/jam-hay
    [link] [comments]

    Robinhood files for IPO and reveals $11.6 billion in cryptocurrency assets

    Posted: 01 Jul 2021 12:04 PM PDT

    Investment for the new generation

    Posted: 01 Jul 2021 06:17 PM PDT

    Hi guys I would like to invest 500$ in bitcoin in the name of my nephew (5yo) and I would like that he will be able to manage this "money" when he will be 18yo. (we are from Italy)

    What are the options at the moment? Any advice is welcome. (I'm not looking for financial advices, just ideas)

    Thank you

    Ciao

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

    No comments:

    Post a Comment