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    Bitcoin Daily Discussion, July 05, 2021

    July 05, 2021

    Bitcoin Daily Discussion, July 05, 2021

    Daily Discussion, July 05, 2021

    Posted: 04 Jul 2021 10:03 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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    Bought my first Bitcoin!!

    Posted: 04 Jul 2021 11:05 PM PDT

    I'm just some dumb 16 year old who doesn't like the government screwing us over and wants to see my money grow in what could very well be our future! I own 0.0117 Bitcoin thanks to my dads help. I had a bit of scares using my ledger nano x because I approved the address after I sent the coin to the wallet and then once it was in my wallet (thankfully) I had synchronization issues so it said I had my coin then it said I had 0. We are all good now and I thought I'd share!

    submitted by /u/LochlanBos
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    It just hit me...there could be a scenario where Americans would tempted to illegally immigrate to South America to work for bitcoin to send home to their familys. Biggest Uno Reversal ever.

    Posted: 04 Jul 2021 07:37 AM PDT

    Fate loves irony...

    submitted by /u/skinschamp1
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    Bullish AF

    Posted: 04 Jul 2021 11:31 AM PDT

    Zero friends of mine are stacking Bitcoin.

    Zero family members are stacking Bitcoin.

    There is zero Bitcoin talk around me.

    Only one other co-worker I am aware of is stacking Bitcoin (great for him!).

    We are still so early it's not even fair for the rest of the world. Congrats on being here… now. You are literally the cliff of your family's generational wealth. You just gotta do 3 things: HODL, STASH and BE PATIENT.

    submitted by /u/jeurymejia
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    Vietnam government is looking bullish on crypto - 97 Million people, one of the fastest growing GDPs

    Posted: 04 Jul 2021 02:13 PM PDT

    Preparing the new generation

    Posted: 04 Jul 2021 11:29 PM PDT

    FinancialTimes: Let's all please stop calling dollars 'fiat money.' HAHAHAHA... NO. FUCK YOU parasites! - "If you think Bitcoin isn't winning then you're blind."

    Posted: 04 Jul 2021 04:29 PM PDT

    What we were dreaming, now is the reality!

    Posted: 05 Jul 2021 12:10 AM PDT

    I remember a few years ago, not so long ago but 3, 4 years ago, When we used to dream and talk about mass adoption, institute investments, big sharks, and companies coming for the take just to bring us the opportunity to benefit from the Bitcoin, I'm talking about us, the small ones, little ones, us the community behind the Bitcoin, believing in it and supporting it with whatever we've got. What we were dreaming is now the reality.

    We used to dream about prices above $20k, but now look at the price, it's way more above $30k, of course, we have had our ups and downs, our peace and war, agreements and disagreements, but now we stand victor, years of disbelief, understatement, hate speeches, haters, etc.

    Holders of yesterday now are the winners, this is the fruit of their patience now, do not stop believing in Bitcoin, fight as you have fought before, go on and keep going, if you feel it's time to get out, then cash out and go home, if you still believe in the system, then keep holding and wait for the big turn ahead, because the ride has just started, and there is a long road ahead of us.

    I would like to congratulate everyone who believed and stood by Bitcoin, hope to see more and big changes for us all in the years to come. many of us never thought about the price to rise this much, of course, we used to speculate and dream about it, but now that we are in this moment, it just feels unreal, happy to be a part of this community, cheers everyone!

    submitted by /u/sverlinas2
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    The Banksters are getting nervous

    Posted: 04 Jul 2021 07:04 AM PDT

    Anybody here never used lightning?

    Posted: 04 Jul 2021 12:46 PM PDT

    Download muun wallet, breez or any other good lightning wallet, copy paste the invoice here and I'll send you some sats to get you started

    submitted by /u/DSAdqqefvef
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    Bitcoin Whales Are Buying BTC, Accumulate 60k BTC In One Day

    Posted: 05 Jul 2021 01:02 AM PDT

    FBI warns of large 'scale' in US ransomware attack (H0LD, the FUD is coming…)

    Posted: 05 Jul 2021 12:32 AM PDT

    Banks VS Bitcoin

    Posted: 05 Jul 2021 03:08 AM PDT

    Banks Didn't Protect People From: 1. Housing Bubble 2. Stock Market Bubble 3. Extortionate Credit Card Rates And Fees "But they want to protect you from Bitcoin" The Best Performing Asset For 12 Years?

    submitted by /u/Zalkifl_Savage
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    Andreas Antonopoulos - How come you didn't end up back on Rogan 2020-21?

    Posted: 04 Jul 2021 09:54 PM PDT

    u/andreasma:

    I recall you were scheduled to be on the JRE again and were on his 'upcoming guest list' for a long time in the last 12-18 months. At some point you got removed from the list.

    I ask because Joe discussed Bitcoin momentarily on the Tim Dillon podcast when it was brought up but he curiously tried his best to change the conversation very quickly. He also made some pretty big skeptical comments about it. It smelt very fishy which is why I was curious why you are no longer an upcoming guest.

    Given the exposure Bitcoin received after Elon got involved, it's disappointing we weren't able to see Rogan spend some more time "deep diving" on it in the public space.

    submitted by /u/Floorman1
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    My store accepts crypto!

    Posted: 04 Jul 2021 10:18 AM PDT

    Hello!

    I own a small store that sells hoodies and t-shirts with cute designs. We sell plushies as well. I love cryptocurrency so I decided to be part of adoption as well. I added crypto payments today!

    It's a small step for my store buy if many do it it's huge step for cryptocurrency adoption.

    Have a nice day! A.

    submitted by /u/AdamekGold
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    Bitcoin Wallets Move 7,062 BTC from Coinbase

    Posted: 04 Jul 2021 09:43 PM PDT

    Bitcoin Holism and what it means for a global market crash?

    Posted: 04 Jul 2021 11:23 AM PDT

    Bitcoin Mining Becomes Cleaner And Cleaner, Report Says BTC Price Up

    Posted: 04 Jul 2021 06:59 AM PDT

    One of the best Michael Saylor interviews I've seen. Why is this not getting more attention here?

    Posted: 04 Jul 2021 01:39 PM PDT

    July 4th, 2015. A day in bitcoin history.

    Posted: 04 Jul 2021 09:38 AM PDT

    On july 4th, 2015, the Bitcoin blockchain forked. There were multiple pools found running software that didn't validate previous transactions before building upon the next block. The most notorious being F2pool and Bitmain, performing what is known as SPV mining.

    These pools were also known to SPY mine, essentially mining empty blocks, therefore not helping clear the memory pool.

    To justify their software that caused a fork in the blockchain, they claimed the Bitcoin network was too congested, helped create, and were contributing to the problem. These entities subsequently partnered with other prolific names, attempted to change the foundation that bitcoin was founded upon and failed. Thus creating Bitcoins bastard cousin we know today and the "hash wars" began in an attempt to solidify their fork.

    Craig Wright even coat tailed the idea, creating his own bastard spawn.

    Here we are 6 years later and Bitcoin is still churning just fine. Don't fall for the traps.

    submitted by /u/WhiteGoldTeef
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    Keep crypto in exchange can be safer for non savvy person?

    Posted: 05 Jul 2021 12:32 AM PDT

    So obviously for a tech savvy person there is no problem to use a cold or a hot wallet. But what would you recommend to your parents / grand parent? is storing their coin in a wallet really safe? at least with an exchange you have a customer service, even if you loose your password you can recover it.

    submitted by /u/yeho_meta
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    Bitcoin fractal setup from 2019 hints BTC price can rebound back to $50K

    Posted: 04 Jul 2021 10:18 PM PDT

    ‘We Want You,’ Pro-Bitcoin Senator Cynthia Lummis Invites Crypto Miners to Wyoming….this could be a major step for the US against the Federal Reserve….dependent upon how this will be utilized by state resources

    Posted: 04 Jul 2021 12:00 PM PDT

    I’m pretty new to this community, but I just wanted to thank everyone in the BTC community for helping me out with some questions I’ve had and helping me clear some of my fud.

    Posted: 04 Jul 2021 11:12 AM PDT

    Im sure I can't be the only person that feels this way, and I'm not sure if appreciation post are welcomed here, but if they are, thanks again everyone for the kind sharing of knowledge.

    submitted by /u/teenastyty
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