Bitcoin Daily Discussion, July 18, 2021 |
- Daily Discussion, July 18, 2021
- Reminder: Only around 14 Million BTC will ever be in circulation. Having 0.135 BTC will put you in the top 5%, forever.
- I'm 40 and not the most tech savvy. Been learning about crypto for the last 8 months and finally moved my assets to a hard wallet. Thanks to all the posts that helped a smooth brain like myself get to where I need to be.
- The Data PROVES It: The Wealthy Are BUYING UP BITCOINS, As Amateur Investors Continue To Sell In Fear...
- Paraguay promises to be a 100% renewable Bitcoin (BTC) mining giant
- #Bitcoin capacity in the Lightning Network High voltage sign is going parabolic—100 just added in less than a week. 1,100-1,200: 39 days 1,200-1,300: 34 days 1,300-1,400: 19 days 1,400-1,500: 13 days 1,500-1,600: 9 days 1,600-1,700: 15 days 1,700-1,800: 5 days
- Lululemon hints in tweet they're planning to accept Bitcoin
- Previously only offering derivative contracts, crypto derivatives platform Bybit now offers spot trading of Bitcoin
- How the U.S. became the world's new bitcoin mining hub
- Interbitcoin
- PBS Documentary: The Power of the Fed
- What hardware wallet would you buy for adults in their early 70s: Ledger Nano S or Trezor One?
- The Dark Side of Influencer Crypto Scams
- About Jack Dorsey building a Bitcoin "defi" platform. How would it work? Is it competition for Ethereum?
- Don't be like Nick
- Tennessee city wants to accept property tax payments in Bitcoin
- Mike Tyson thinking about BTC/ETH.
- 4 Reasons Why The Bitcoin Lightning Network Will Continue To Grow.
- Crypto exchange Binance stops selling digital versions of stocks like Tesla and Apple as regulators circle
- U.S. Department of State's Rewards for Justice is offering upto $10 million of rewards in Bitcoin and cryptocurrencies.
- My Father wants to Invest $1K
- Satoshi was right. History repeats itself. Here is a cool documentary to explain why we need bitcoin.
- Is there anywhere to trade in gift cards for bitcoin?
- Inflows into crypto remains strong, says Bitwise CIO
- A transaction fee is 1-2 sats/byte, is it real?
- Why Chna banned crypto -The digital yuan will be a programmable - PBOC publishes first digital yuan/e-CNY white paper
| Daily Discussion, July 18, 2021 Posted: 17 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. [link] [comments]  | ||
| Posted: 17 Jul 2021 12:02 PM PDT Hundreds of Bitcoin are lost daily and large accounts like Nakamoto's will probably remain dormant. At current prices ($31647) let's not forget how scarce bitcoin actually is. You don't have to put everything in Bitcoin, just enough to put you ahead. Top 5% - 0.135 BTC - $4271.12 Top 2% - 1.53 BTC - $48405.99 Top 1% - 3.6 BTC - $113896.44 Top 0.5% - 6.8 BTC - $215137.72 Top 0.1% - 21 BTC - $664395.90 Edit: For those asking about the math. This is the source I used https://www.youtube.com/watch?v=dOI0hXICKto [link] [comments]  | ||
| Posted: 17 Jul 2021 03:27 PM PDT Went with the Trezor Model T. Very easy to use and setup. Thanks again to all the knowledgeable redditor's here. [link] [comments]  | ||
| Posted: 18 Jul 2021 12:29 AM PDT
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| Paraguay promises to be a 100% renewable Bitcoin (BTC) mining giant Posted: 17 Jul 2021 04:39 AM PDT
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| Posted: 17 Jul 2021 10:12 AM PDT
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| Lululemon hints in tweet they're planning to accept Bitcoin Posted: 17 Jul 2021 03:01 PM PDT
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| Posted: 17 Jul 2021 01:50 PM PDT
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| How the U.S. became the world's new bitcoin mining hub Posted: 17 Jul 2021 09:51 AM PDT
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| Posted: 17 Jul 2021 08:28 AM PDT
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| PBS Documentary: The Power of the Fed Posted: 17 Jul 2021 11:06 PM PDT
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| What hardware wallet would you buy for adults in their early 70s: Ledger Nano S or Trezor One? Posted: 17 Jul 2021 06:04 PM PDT Good evening fellow Bitcoin aficionados, My parents want me to set up a hardware wallet for their Bitcoin holdings, and they're both in their 70s, retired, and while they know how to browse the web and use email on their computer, their tech skills are about where you would expect them to be for folks their age. After eliminating some of what I feel to be more complex hardware wallets for multiple reasons, I have narrowed the choice down to the Ledger Nano S and the Trezor One. For those of you with friends, parents, etc. in their 70s, what hardware wallet would you set up for them? [link] [comments]  | ||
| The Dark Side of Influencer Crypto Scams Posted: 17 Jul 2021 11:59 PM PDT
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| Posted: 17 Jul 2021 03:05 PM PDT Bitcoin doesn't have ERC20 tokens or a programming language like Solidity, so the backend isn't going to be the same as ETH defi. However, I do believe you can create decentralized financial applications for bitcoin that on the frontend function the same for the users as ETH defi. It's going to be engineered with a different design philosophy and more centralized/decentralized in some areas, but accomplish the same goal for the user. As we know, the weak point of Ethereum right now is the network fees, and I think Jack Dorsey is trying to hit Ethereum where it hurts. With the lightning network bitcoin fees are reduced to near 0. Another weak point for Ethereum Defi is user interface. If Jack Dorsey can build a platform with a more friendly and easy user experience, I could imagine Bitcoin Defi stealing some of Ethereum's thunder. [link] [comments]  | ||
| Posted: 17 Jul 2021 10:30 AM PDT | ||
| Tennessee city wants to accept property tax payments in Bitcoin Posted: 17 Jul 2021 10:03 AM PDT
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| Mike Tyson thinking about BTC/ETH. Posted: 17 Jul 2021 01:58 PM PDT
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| 4 Reasons Why The Bitcoin Lightning Network Will Continue To Grow. Posted: 18 Jul 2021 01:37 AM PDT
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| Posted: 17 Jul 2021 02:38 PM PDT
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| Posted: 17 Jul 2021 08:30 AM PDT
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| Posted: 17 Jul 2021 08:27 PM PDT Good evening everyone… I'm fairly new to crypto… I have a bit of background knowledge and what not. Anyways my father is 45 years old and makes fairly good money … he is absolutely clueless with Stocks/CryptoCurrency but wants to get his hands into Bitcoin particularly even though he is aware he knows nothing about stocks/crypto. My question is .. should I help him invest $1K all in Bitcoin? Is now a great time to buy in? Is it worth holding on to for the long run? Tips and suggestions are all appreciated. [link] [comments]  | ||
| Posted: 17 Jul 2021 10:44 AM PDT
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| Is there anywhere to trade in gift cards for bitcoin? Posted: 17 Jul 2021 11:48 PM PDT I won 2 $25 gift cards from work, both for stores I never shop at, I was wondering if there is a trusted site exchange it directly for bitcoin instead of fiat [link] [comments]  | ||
| Inflows into crypto remains strong, says Bitwise CIO Posted: 17 Jul 2021 01:44 PM PDT
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| A transaction fee is 1-2 sats/byte, is it real? Posted: 17 Jul 2021 07:34 PM PDT
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| Posted: 18 Jul 2021 01:49 AM PDT
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