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    Bitcoin Daily Discussion, September 08, 2021

    September 08, 2021

    Bitcoin Daily Discussion, September 08, 2021

    Daily Discussion, September 08, 2021

    Posted: 07 Sep 2021 10:10 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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    This is how easy it is to buy Starbucks coffee with bitcoin in El Salvador.

    Posted: 07 Sep 2021 01:49 PM PDT

    El Salvador adopting Bitcoin despite World Bank and IMF “Warnings”

    Posted: 07 Sep 2021 01:46 PM PDT

    Edward Snowden “Today Bitcoin was formally recognized as legal tender in its first country. Beyond the headlines, there is now pressure on competing nations to acquire Bitcoin—even if only as a reserve asset—as its design massively incentivizes early adoption. Latecomers may regret hesitating”

    Posted: 07 Sep 2021 07:35 PM PDT

    Its the BANKS MANIPULATION vs the PEOPLES MONETARY NETWORK. Post here if you have already made a $30 BTC purchase, or if you plan to at the COORDINATED time.

    Posted: 07 Sep 2021 12:43 PM PDT

    Happy Bitcoin Day everyone.

    Bitcoin cannot, and wont be, stopped.

    Lets support the people and President of El Salvador.

    submitted by /u/thadiusb
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    ����Salvadoran asking for advise

    Posted: 07 Sep 2021 09:18 PM PDT

    Hi r/Bitcoin, recently my country adopted bitcoin as a legal currency.

    Currently i own the equivalent of $30 in bitcoin, but i have no clue how to increase this amount, nor what to do with it.

    So I politely ask you for advice about this particular situation. What should i do?

    Any suggestions are welcome, and thank you for time. Hope my english is understandable

    submitted by /u/Als-99
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    No more transaction fees. It's all about the incentives babyyy.

    Posted: 07 Sep 2021 06:51 PM PDT

    The SEC is threatening to sue Coinbase, calling their 4% APY on USDC product a "security" and refusing to say why or how.

    Posted: 07 Sep 2021 09:31 PM PDT

    I have a feeling that the biggest news today is not El Salvador, but big retailers like McDonald’s and Starbucks accepting Bitcoin

    Posted: 07 Sep 2021 02:20 PM PDT

    The big boys are now invested and accepting Bitcoin. Not only are big American Businesses accepting Bitcoin, but now they are adding Bitcoin to their balance sheets. Will they hold the coins? Will this lead them to accept Bitcoin globally? The future is bright for Bitcoin, and I'm excited for it!

    Today was a great day. :)

    submitted by /u/Deathstaroperatorguy
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    Rediscovered my first Coinbase account from 2015. Free $1 of BTC now $193.

    Posted: 07 Sep 2021 08:46 AM PDT

    Am I the only one who doesn’t assume there’s a cabal of evil elites out to get me?

    Posted: 07 Sep 2021 03:42 PM PDT

    To me, these price fluctuations are part and parcel of any investment which is subject to some level of uncertainty.

    A lot of people seem to attribute these price girations to some nefarious group of actors coordinating a planned attack.

    I suspect this will attract quite a few downvotes, but I'm wondering what people think.

    submitted by /u/snakeMan67
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    I want to buy someone in El Salvador Coffee

    Posted: 08 Sep 2021 01:17 AM PDT

    Could someone send me the QR code of the invoice and I will pay it.
    I want to make the first inter-continental purchase of coffee-gift.

    I am based in Sofia, Bulgaria, however, I am currently in Slovenia, the country.

    Send me an invoice and proof that this is a Starbucks / McDonalds lightning network invoice and I would be happy to pay up to $5 for it.

    Let's make history!

    submitted by /u/RG_PankO
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    El Salvador President correctly calls tons of incoming FUD hours before Bitcoin is made legal tender.

    Posted: 07 Sep 2021 05:19 AM PDT

    $Billions wiped out in over leveraged longs. Play with CFDs without a stop loss and get rekt. If you believe in BTC you buy, not bet.

    Posted: 07 Sep 2021 08:59 AM PDT

    Understand what's going on, and hit them where it hurts.

    Posted: 07 Sep 2021 08:30 AM PDT

    This is (obviously) a coordinated dump. This is not retail investors selling a bit of BTC, but an enormous amount of Bitcoin flowing from coordinating institutions. The BTC is likely borrowed and immediately sold to cause a panic.

    But they have to get that BTC back in order to cover their asses. Buy now, and disrupt the strategy.

    The price will rebound, and the institutions are going to have even more BTC if you capitulate now.

    submitted by /u/nonce--sense
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    Anyone notice how shitty /r/CryptoCurrency has become?

    Posted: 07 Sep 2021 06:11 PM PDT

    1. The only thing that regularly makes it to the front page is anti crypto news, especially anti bitcoin.
    2. I responded to the El Salvador concerned citizen post yesterday to explain why Bitcoin could succeed and that assuming it will fail ahead of time just becomes a self fulfilling prophecy. My post was removed after 30 minutes and I got a message from the mods saying it could be reinstated if I donate by buying moon coin.
    3. Today the top sticky threads in the subreddit are about how their mods have manipulated Moon Coin and now the community has to decide what to do next with their pyramid scheme.

    The common trend with financial subreddits (WSB and CryptoCurrency especially) seems to be that if they get remotely popular, shithead mods take over, and then it's all about convincing people to sell their stocks or coins at a discount and to buy into their bullshit instead.

    submitted by /u/ThreeTonChonker
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    This price drop is blatant manipulation. Don’t let nation states and power brokers win.

    Posted: 07 Sep 2021 10:19 AM PDT

    On the day the first country in the world adopts bitcoin as legal tender, it drops 20%…Does that sound right to you?

    If that isn't the most obvious example of nation state manipulation I don't know what is. It also wholly validates the idea that bitcoin is a threat to these players. It is however only a peaceful threat because they can't control it and it's free whether they like it or not.

    GME folks, this is how you stick it to the man!

    Never selling.

    submitted by /u/Crafty_Supermarket15
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    Just walked into a McDonald's in San Salvador to see if I could pay for my breakfast with bitcoin, tbh fully expecting to be told no.

    Posted: 07 Sep 2021 07:06 AM PDT

    Panama To Recognize Bitcoin As Payment Alternative, Issues New Regulations

    Posted: 07 Sep 2021 10:46 PM PDT

    Do you think Bitcoin will recover to 60k by 2022?

    Posted: 07 Sep 2021 08:06 PM PDT

    I have recently started investing in the crypto market and bought around half a Bitcoin at around 48k a few weeks ago. I am starting to feel nervous about this but and I am wondering what to do.

    submitted by /u/NL_13
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    Panama has Today Introduced a Bill on Regulating Bitcoin

    Posted: 08 Sep 2021 12:26 AM PDT

    CNN covering historic day of Bitcoin in El Salvador

    Posted: 07 Sep 2021 10:48 AM PDT

    Don't forget to scoop up the whales coins as they attempt to sabotage El Salvador.

    Posted: 07 Sep 2021 09:24 PM PDT

    They sell, we buy at discount, then we never have to deal with them again. It's really simple. Make money while getting rid of market manipulation simultaneously.

    submitted by /u/DissapointedCanadian
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    $500 Billion German Asset Manager Considers Adding Bitcoin to Existing Funds

    Posted: 08 Sep 2021 12:25 AM PDT

    BREAKING: In the last few minutes, El Salvador just bought 150 more #Bitcoin They now own 550 BTC

    Posted: 07 Sep 2021 08:31 AM PDT

    Anyone else think the major banks planned this crypto/ Bitcoin crash to try to stop the growth of crypto as a whole?

    Posted: 07 Sep 2021 03:42 PM PDT

    The day on El Salvador's release. Masquerading it as a "buy the rumour, sell the news" fiasco.

    In a sort of, look at how volatile this shit is South America.. I don't want any more of you moving towards crypto. We will fight to keep our power rah rah rah

    Update: Brian Armstrong, CEO of Coinbase, has just tweeted that the SEC has threatened to sue Coinbase if they launch their planned yield earning program for customers.

    submitted by /u/snow3dmodels
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