Bitcoin Daily Discussion, December 10, 2021

Daily Discussion, December 10, 2021
Might have found my old pc with 12 BTC on it
I'll send 100 sats over Lightning Network to anyone during the next hour
No chance to reach 100k this month? I bought at 55k when all the influencers hyped it. Do I just hold and hope for the best. I got greedy and invested all money I have.
With all this fiat inflation I’ve come to learn that money does grow on trees... just not my trees. “Bitcoin doesn’t grow on trees” is a much more appropriate saying.
Lovely people, hold your bitcoin. It’s not a financial advice it’s life advice. We are stronger together. Let’s not give bitcoin to composite mans, let’s keep it for ourselves, for people who really need it! ₿elieve in it, don’t let them manipulate you, and never lose hope!
MicroStrategy has purchased an additional 1,434 bitcoins for ~$82.4 million in cash
Bought Over 60K - Support Group
The blockchain scripting wars are over. Bitcoin has won.
You’re welcome. Now let’s go to Mars.
Do you ever worry that guys like Micheal Saylor who become Bitcoin whales might manipulate the price of Bitcoin.
they did it: EXCLUSIVE IMF, 10 countries simulate cyberattack on global financial system
Bitcoin Price Outlook: Could Bitcoin Surge By Another $500,000 Like Cathie Wood Believes? — DailyCoin
Bitcoin balance on exchanges just reached a 3 year low!
Mind Blown
There are ton of jobs available in the Bitcoin economy. And its just getting started.
Bought at 60k+ and don’t have fiat left for any dips
"Bitcoin is the currency of the internet" is how the blurb for this sub starts.
SaylorSalt - Acquire more Bitcoin
In 2022
The government's propaganda machine wants to put the crypto community into the "domestic terrorist" box now, along with the parents of schoolchildren and anyone to the right of Josef Stalin
Ledger launches Crypto-Linked Debit Card for US and EU Customers �� And for all the degens, cardholders will be able to open a line of credit using cryptocurrency as collateral....with rates starting at 0% ��
Has anyone gone to school, or changed careers, to do something related to Bitcoin or the Blockchain?
Michael Saylor: The Companies & Civilizations That Take Advantage of Bitcoin as Digital Energy Will Win (short audio clip)
MicroStrategy Says It Bought 1,434 Bitcoins Since Nov. 29
A fun project to backup your seed phrase!

Daily Discussion, December 10, 2021

Posted: 09 Dec 2021 09:08 PM PST

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Please check the previous discussion thread for unanswered questions.

submitted by /u/rBitcoinMod
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Might have found my old pc with 12 BTC on it

Posted: 10 Dec 2021 01:10 AM PST

Around 10-11 years ago, when BTC was still a novelty, i mined it with my pc (those where the days) for a few weeks. Used to have around 12 of em if i recall correctly. Total value at that time was under ten dollar. I lost interest and did not go to the effort to cash out. Don't recall where the PC went, thought it long lost. When the crypto hype really started kicking of around two years ago, i used to joke to friends how i unwittingly threw away a lot of money.

Until last week... when we found a few pc's from that era on my grandma's attic. It is very likely that my pc from back then is one of em. I need to get some legacy hardware (IDE adapters and such) to check the harddrives, so i am not sure yet and wondering if it is worth the effort. Of course... if this BTC is still on that pc or otherwiser recoverable via clues ON that pc... it would be more than worth it to go to great lenghts to recover it.

Problem is, i do not know where to start. I have no idea what software i used for mining, if i used a wallet online or one on the pc... or maybe left it with the pool. Anyone willing to give me some tips on where to start? Most likely i left em in the pool... does that mean it is lost after these years?

submitted by /u/TheFlightCoach
[link] [comments]

I'll send 100 sats over Lightning Network to anyone during the next hour

Posted: 09 Dec 2021 07:45 PM PST

Say Hi in DM chat, I'll answer and ask for your Lightning invoice.

You can use Blue Wallet, Muun Wallet or any other wallet that supports Lightning network.

EDIT: Hope you enjoyed the giveaway 😁 That's it for today.

I'll make a new giveaway soon, so make sure you have a Lightning wallet ready!

submitted by /u/Slavitza
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No chance to reach 100k this month? I bought at 55k when all the influencers hyped it. Do I just hold and hope for the best. I got greedy and invested all money I have.

Posted: 09 Dec 2021 11:25 PM PST

submitted by /u/Tamirtj
[link] [comments]

With all this fiat inflation I’ve come to learn that money does grow on trees... just not my trees. “Bitcoin doesn’t grow on trees” is a much more appropriate saying.

Posted: 10 Dec 2021 12:01 AM PST

submitted by /u/juangusta
[link] [comments]

Lovely people, hold your bitcoin. It’s not a financial advice it’s life advice. We are stronger together. Let’s not give bitcoin to composite mans, let’s keep it for ourselves, for people who really need it! ₿elieve in it, don’t let them manipulate you, and never lose hope!

Posted: 10 Dec 2021 03:29 AM PST

submitted by /u/ComprehensiveCap1691
[link] [comments]

MicroStrategy has purchased an additional 1,434 bitcoins for ~$82.4 million in cash

Posted: 09 Dec 2021 05:11 AM PST

submitted by /u/Miladran
[link] [comments]

Bought Over 60K - Support Group

Posted: 09 Dec 2021 04:51 AM PST

Let's expose ourselves

Who bought BTC over 60K and still holds?

submitted by /u/Kent-Clark-
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The blockchain scripting wars are over. Bitcoin has won.

Posted: 09 Dec 2021 06:09 PM PST

For years, Bitcoin has faced the competitive challenge posed by the Ethereum strategy.

What is the Ethereum strategy?

A better (Turing complete) blockchain scripting language (such as Solidity) would lead to more innovation in smart contracts.

In the Ethereum strategy, smart contracts are to be implemented as blockchain scripts.

At the same time, we have now discovered that every blockchain script can also be implemented as an off-chain scriptless script.

This new approach is much more scalable and respectful of the user's privacy.

Furthermore -- and that is truly a catastrophe for the Ethereum strategy:

While all blockchain scripts can be implemented as off-chain scriptless scripts, the other way around is not true.

Therefore, the Ethereum strategy now faces the following devastating consideration:

Off-chain scriptless scripts are vastly superior to blockchain scripts.

Extensive blockchain scripting is no longer the way to go, and "better blockchain scripting" is simply pointless. It is now effectively a legacy technology.

Hence, the Ethereum competitive gamble has essentially failed.

submitted by /u/mimblezimble
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You’re welcome. Now let’s go to Mars.

Posted: 09 Dec 2021 12:24 PM PST

submitted by /u/here_4_crypto_
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Do you ever worry that guys like Micheal Saylor who become Bitcoin whales might manipulate the price of Bitcoin.

Posted: 09 Dec 2021 10:29 AM PST

They hold such large amounts. By simply selling some they can drop the price and those who are leveraged get stopped out, which drops the price further. Like a cascading effect.

Then the whale just buys even more Bitcoin again and becomes an even bigger whale.

I worry that this is what's happening.

submitted by /u/ApeCapitalManagment
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they did it: EXCLUSIVE IMF, 10 countries simulate cyberattack on global financial system

Posted: 09 Dec 2021 10:54 PM PST