Bitcoin Mentor Monday, August 30, 2021: Ask all your bitcoin questions! |
- Mentor Monday, August 30, 2021: Ask all your bitcoin questions!
- Daily Discussion, August 30, 2021
- Dad passed away when I was 17 (30 now) and I received his wallet. Had 3$ in it, never spent it. Today I decided to purchase 3$ of Bitcoin. It won’t make me rich, but my dad will always be part of my Bitcoin journey. Thank you Dad, for everything.
- There it is, right there.
- I made a bet earlier this year...
- New jersey just arrived ��
- About a decade ago you were able to claim 5 BTC from a website for free, that's now worth 240k USD
- In math we trust
- Read this beautiful article about El Salvador, and how things are changing in the country. ������
- Is Hal Finney Satoshi Nakamoto? Evidence thusfar:
- Michael Saylor's Definitive Case for Bitcoin
- Lightning penetration in a friend list of 500
- Payment providers suck, so I launched my site with Bitcoin and Lightning payment only
- Stock-to-Flow Model Predicts BTC $100k by Christmas
- Bitcoin/Lightning conference in El Salvador announced for this November
- Millennials grown alongside internet revolution prefers Bitcoin over Gold
- Bitcoin Hash Rate recovering from 2021 lows as miners relocate to Europe and US
- Hidden in the Block Reward
- Bitcoin needs an alternative "valuation" from USD if it wants to break free of the old system to become the currency its creator meant it to be.
- Looking for Bitcoiners in Berlin (Germany) to start a Bitcoin info booth
- The major companies that now accept Bitcoin and other cryptos as payment
- D-E-N-I-A-L
- Billionaire Paulson Who Shorted Subprime Calls Crypto ‘Worthless’ Bubble
- 34 years old Russian man gets 3-year sentence for robbing friends Bitcoin mining rig (Says I don’t know how to use it ��)
- Bitcoin Taproot Upgrade - What is it?
| Mentor Monday, August 30, 2021: Ask all your bitcoin questions! Posted: 29 Aug 2021 11:17 PM PDT Ask (and answer!) away! Here are the general rules:
And don't forget to check out /r/BitcoinBeginners You can sort by new to see the latest questions that may not be answered yet. [link] [comments]  | ||
| Daily Discussion, August 30, 2021 Posted: 29 Aug 2021 10:07 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: 29 Aug 2021 11:05 AM PDT
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| Posted: 29 Aug 2021 05:50 AM PDT
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| I made a bet earlier this year... Posted: 30 Aug 2021 01:12 AM PDT If Bitcoin does not reach $69,420 this year, I will eat a Carolina Reaper January 1st 2022. And I stand by it. I'm confident as ever. We are gonna make it. And if not? Look forward to my regrets. Since some of you asked on the original post, here's some rules:
My ass is clenched in excitement, Cheers yall! [link] [comments]  | ||
| Posted: 30 Aug 2021 01:34 AM PDT
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| About a decade ago you were able to claim 5 BTC from a website for free, that's now worth 240k USD Posted: 29 Aug 2021 11:46 PM PDT | ||
| Posted: 29 Aug 2021 06:36 AM PDT
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| Read this beautiful article about El Salvador, and how things are changing in the country. ������ Posted: 29 Aug 2021 09:49 PM PDT
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| Is Hal Finney Satoshi Nakamoto? Evidence thusfar: Posted: 29 Aug 2021 12:56 PM PDT
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| Michael Saylor's Definitive Case for Bitcoin Posted: 29 Aug 2021 07:23 PM PDT
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| Lightning penetration in a friend list of 500 Posted: 29 Aug 2021 10:51 PM PDT I posted on my facebook (friends only) to test lightning international transfer by sending friends 100-1000 sats for fun. (Note that 80% of my friends are Vietnamese - supposedly high bitcoin adoption country) I gave a bit of guidance: get Bluewallet app, add lightning wallet, press receive and send me the invoice in the comment. I have no taker as of now 😂 Lightning is wonderful, I wonder why so few people know about it. How many of your friends do you think would comeback with a valid lightning address if you were to give them light instructions and send them some sats? [link] [comments]  | ||
| Payment providers suck, so I launched my site with Bitcoin and Lightning payment only Posted: 29 Aug 2021 11:55 PM PDT Long story short, payment providers do not want anything to do with (sex) dating sites. No matter who you are or what your intentions are unless you are willing to pay ridiculous fees. So last week, I launched my free dating website echtgratisdaten.nl (Dutch only for now) with the option to pay for extras with Bitcoin and Lightning payment only. To me (Bitcoin user and enthousiast for years) it still feels like an extra hurdle for people to make a payment but I'm convinced this will become less and less of a problem in the future. What are your thoughts on this? How long before anyone is able to pay for stuff directly with Bitcoin without the hassle and intervening of the current banking system? [link] [comments]  | ||
| Stock-to-Flow Model Predicts BTC $100k by Christmas Posted: 29 Aug 2021 11:25 PM PDT
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| Bitcoin/Lightning conference in El Salvador announced for this November Posted: 29 Aug 2021 01:01 PM PDT
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| Millennials grown alongside internet revolution prefers Bitcoin over Gold Posted: 29 Aug 2021 11:13 AM PDT
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| Bitcoin Hash Rate recovering from 2021 lows as miners relocate to Europe and US Posted: 30 Aug 2021 02:22 AM PDT | ||
| Posted: 29 Aug 2021 06:40 AM PDT
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| Posted: 29 Aug 2021 08:31 PM PDT Currently while most here are confident in the future of Bitcoin and cryptocurrencies, the fact that Bitcoin's value is still *floats* against the USD makes it hard for the general public to come to accept bitcoin for more than a speculative investment opportunity. Proponents will argue that 1 BTC = 1 BTC and its "valuation" doesn't matter. But truth of the matter is, if someone had come in and "save" their say 50k savings in Bitcoin rather than the banks, say in March 2021 when the rate was at around 50k, then suddenly in May 2021 their "savings" suddenly dropped in value to 40k that would be devastating. What if they had a family to feed, or medical bills, or loans. The average person sincerely wants to decouple from the traditional banking system that has not served them well, but until the value of bitcoin stabilizes and is no longer a speculative investment option where those with large pools of fiat currency can move the ticker, it is unlikely that the average person will feel safe enough to leave the old system for the new one. EDIT: Used pegged wrongly. Corrected thanks to u/SmoothGoing and u/the-derpetologist. [link] [comments]  | ||
| Looking for Bitcoiners in Berlin (Germany) to start a Bitcoin info booth Posted: 29 Aug 2021 07:52 AM PDT Hi there, I was wondering if some advanced Bitcoiners from Berlin are interested in starting a info booth at a crowded place (for example Alexanderplatz on a saturday). We could offer free sats for anyone who is interested and assist people in downloading and using muun, phoenix, etc. I could also bring my full node and we could explain some basics about the lightning / bitcoin network and end the FUD around energy consumption and shitcoins. I'm pretty sure that free sats will be provided by the major exchanges or wallet developers. I can also provide free WiFi. Please drop me a DM if you are interested! [link] [comments]  | ||
| The major companies that now accept Bitcoin and other cryptos as payment Posted: 29 Aug 2021 02:23 PM PDT
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| Posted: 29 Aug 2021 11:36 PM PDT Denial-you might think I'm talking about the denial phase of bitcoin's price for this cycle. Maybe you think I'm talking about the general denial of bitcoin (then anger, depression, bargaining, acceptance). I'm not. I'm talking about the general denial of the things that make Bitcoin important for more and more people, companies, and countries. Debt-this is the big one, the one that starts it all. This has been the big one, the one that many in the macro space have believed can be resolved. The harsh reality is that this modern debt system has actually been in practice for about 70 years (that's to me when the decision was made to never pay off debt). Since then, the financial crisis have been blowing up more and more. Which leads me #2 Consolidation of power: the world's governments have gotten bigger and bigger. Rather than having a lot of different countries who have been vying for power and somewhat keeping things in check, governments have formed into super governments. Make no mistake what the EU is and what it leads to. "Inflation is low"- this is my "favorite". A lot of rich people saying inflation is low while stocks skyrocket and hard assets skyrocket. Bonds paying under 1%-hell negative-go up in value. Vintage rolexes triple. Rich people STUPID rich. Digitization: everything is going digital. By 2030 at least 50% of the work will be done from home offices. This will result on many people going on ubi (companies will have to be hyper competitive and workers will as well, and many people that were able to hide will no longer have jobs). As an old man who has missed trends and hit others, this will sound awful. It's not supposed to be. The average is have fun, get drunk on Friday, screw around Saturday, sleep it off Sunday. This does not work and will hit you like a truck the older you get. You will have smart friends. You will have dumb friends. And you will have rich friends. The rich friends are willing to listen, to admit that they don't have answers. Find the friends that are willing to listen (at least when it comes to money). What I've learned from life is that I should talk less and listen more. If you have a good job, don't let it make your feel special. The world is moving at a breakneck speed. Much faster than most of us can imagine. I will say one thing: thinking we are going back to normal. That's denial. [link] [comments]  | ||
| Billionaire Paulson Who Shorted Subprime Calls Crypto ‘Worthless’ Bubble Posted: 30 Aug 2021 03:21 AM PDT
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| Posted: 30 Aug 2021 03:20 AM PDT
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| Bitcoin Taproot Upgrade - What is it? Posted: 30 Aug 2021 03:02 AM PDT |
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