Bitcoin Daily Discussion, July 10, 2021 |
- Daily Discussion, July 10, 2021
- Exposed Congressman Rep Brad Sherman Who is Trying to ‘Shut Down’ Crypto and Gets His Biggest Donations From Big Banks, Is Having a Town Hall on July 21st, 7pm. Might Be a Nice Time to Remind Him Who He's Working For (Spoiler Alert: Us, and Our Best Interests- Not The Banks and His Own Pockets)
- Billion Dollar Investment Firm Buys 12% of Microstrategy
- Stacking sats for 46 months straight - status update
- Reporting for Duty: finally set up my LIGHTNING node
- A proposed bill wants to allow argentines to receive salary in bitcoin
- We are in the accumulation phase
- No other asset in history has ever crashed more than 80% three times, only to come back every time and make new all-time highs. Each time Bitcoin persists through FUD, crash, etc., it gains value as the ultimate resilient hard asset.
- Microsoft Using Bitcoin To Allow People Protect Their Digital Identity
- Old HODL'ers Got Into Bitcoin Long Ago Because We Learned How Corrupt Money Was. If You're New Here, Then Study Up On The History of The Dollar; Watch Videos Like This, Learn Why The Bitcoiners From 10 Years Ago Got Into Bitcoin Back Then, & You'll Much More Easily HODL It Through The Next 10 Years
- “Bitcoin Is The Most Amazing Mathematical Miracle,” says Steve Wozniak, co-founder of Apple.
- 229% surge in China-U.S. shipping costs drives inflation pressure
- Paraguay news
- Microsoft Is Using Bitcoin to Help Build a Decentralized Internet
- Yet another crypto scammer: Georgethomas21
- People tend to forget that IMF Christine Lagarde is a convicted criminal (literally)
- Let's get together and fund a 24 hour cable news channel dedicated to Crypto
- For all those shitting on ION as a knee-jerk reaction just because it's a Microsoft's project, please check it out first: It's on top of Bitcoin, it will help it. It's open, public, permissionless and decentralized.
- "If the dollar reaches 5 million Bs.S, then I will sell all my dollars for Venezualan bolívars" - that's what you sound like when you say you will sell all your Bitcoin.
- Historic Power Plant Decides Mining Bitcoin Is More Profitable Than Selling Electricity
- The more time I spend on this subreddit and do research…
| Daily Discussion, July 10, 2021 Posted: 09 Jul 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. [link] [comments]  | ||
| Posted: 09 Jul 2021 03:44 PM PDT
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| Billion Dollar Investment Firm Buys 12% of Microstrategy Posted: 09 Jul 2021 01:36 PM PDT | ||
| Stacking sats for 46 months straight - status update Posted: 09 Jul 2021 10:54 PM PDT Been stacking since Oct 2017. Was broke at the time, no savings. Started to put 500€ per month into Bitcoin. I update this blog to keep track how good of a savings strategy Bitcoin is. Currently almost 4 years in. Not gonna stop anytime soon. Hopefully you find this motivating and start to stack the best you can! Yes I know, don't tell how much Bitcoin you own. Kinda dumb of me to do this, but necessary if I wanna tell this story. Enjoy! [link] [comments]  | ||
| Reporting for Duty: finally set up my LIGHTNING node Posted: 09 Jul 2021 07:22 PM PDT
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| A proposed bill wants to allow argentines to receive salary in bitcoin Posted: 09 Jul 2021 02:27 PM PDT
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| We are in the accumulation phase Posted: 09 Jul 2021 11:32 PM PDT The fact that Bitcoin has been trading sideways shows how much demand there is for Bitcoin at these prices. Otherwise shorts and liquidations would have driven it much lower. Sell pressure is drying up slowly, and in the meantime long term holders are accumulating from paper hands For example, this address (https://bitinfocharts.com/bitcoin/address/1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ). It currently has over 100K BTC and you can see they have been accumulating coins for the past 2 months. There is also on chain data that suggests the same, that long term holders are accumulating at the same time short term holders are selling. It's likely we will trade sideways for the next 1-4 months. But this is honestly a great time to accumulate. Btc price is already pretty low and the risk reward suggests it's not worth risking a 4x over 20-30% price difference. [link] [comments]  | ||
| Posted: 10 Jul 2021 02:51 AM PDT | ||
| Microsoft Using Bitcoin To Allow People Protect Their Digital Identity Posted: 10 Jul 2021 01:14 AM PDT MicroStrategy CEO Michael Saylor has released Microsoft's plan to build a project that will assist average people protect their digital identity using Bitcoin. Microsoft is working on ION project that builds Decentralized Identifiers (DIDs) which will give people the right to own and protect their privacy on the Internet. All these are to be built on top of the Bitcoin blockchain, where people will have a secured cloud space to store all elements of their digital identity. [link] [comments]  | ||
| Posted: 09 Jul 2021 03:40 PM PDT
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| “Bitcoin Is The Most Amazing Mathematical Miracle,” says Steve Wozniak, co-founder of Apple. Posted: 10 Jul 2021 02:01 AM PDT | ||
| 229% surge in China-U.S. shipping costs drives inflation pressure Posted: 09 Jul 2021 06:24 PM PDT
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| Posted: 09 Jul 2021 01:16 PM PDT | ||
| Microsoft Is Using Bitcoin to Help Build a Decentralized Internet Posted: 09 Jul 2021 08:06 AM PDT
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| Yet another crypto scammer: Georgethomas21 Posted: 10 Jul 2021 01:02 AM PDT
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| People tend to forget that IMF Christine Lagarde is a convicted criminal (literally) Posted: 09 Jul 2021 07:01 AM PDT Christine Lagarde convicted: IMF head found guilty of criminal charges over massive government payout Christine Lagarde avoids jail, keeps job after guilty verdict in negligence trial [link] [comments]  | ||
| Let's get together and fund a 24 hour cable news channel dedicated to Crypto Posted: 10 Jul 2021 01:03 AM PDT Serious question. What would this take to create a CNBC or Cheddar (but not so cringey) of crypto? [link] [comments]  | ||
| Posted: 09 Jul 2021 06:34 PM PDT Almost all the comments on this post were negative, here on r/bitcoin. It looks that most people commented without even watching the video or reading about ION. This is the post with the video: https://old.reddit.com/r/Bitcoin/comments/ogxh8h/microsoft_is_using_bitcoin_to_help_build_a/ Direct link to the video: https://www.youtube.com/watch?v=xevb029EqNk This is ION's website: https://identity.foundation/ion/
Edit: Added ION's description. [link] [comments]  | ||
| Posted: 09 Jul 2021 06:57 AM PDT | ||
| Historic Power Plant Decides Mining Bitcoin Is More Profitable Than Selling Electricity Posted: 09 Jul 2021 08:19 AM PDT
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| The more time I spend on this subreddit and do research… Posted: 09 Jul 2021 06:08 PM PDT I realize more and more that 1 BTC = 1 BTC. I have heard 1 BTC = 1 BTC many times before here, but I never fully understood until now. The light clicked for me. Fiat is volatile compared to BTC not the other way around. Just wanted to share my thought, thanks for reading if you've got this far! [link] [comments]  |
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