Bitcoin ⚡ Lightning Thursday! December 30, 2021: Explore the Lightning Network!⚡ |
- ⚡ Lightning Thursday! December 30, 2021: Explore the Lightning Network!⚡
- Daily Discussion, December 30, 2021
- MicroStrategy has purchased an additional 1,914 bitcoins for ~$94.2 million in cash at an average price of ~$49,229 per #bitcoin. As of 12/29/21 we #hodl ~124,391 bitcoins acquired for ~$3.75 billion at an average price of ~$30,159 per bitcoin.
- I’m waiting for god candle
- MicroStrategy Buys Another $94.2 Million of Bitcoin
- Bitcoin does the opposite of what the majority says it’s going to do, again.
- Bitcoin now greener then Germany in energy usage !
- MicroStrategy Buys Another $94 Million Worth of BTC Amid $49K
- I finally understand what Saylor is saying - A global Bitcoin standard will probably take decades + horde of zombies
- What is the general consensus on BTC lending platforms such as CDC, Celsius, BlockFI etc?
- Bitcoin owners are the equivalent of land owners in the Middle Ages.
- Embrace the sub cycles I guess :)
- Bitcoin Opens Your Eyes to the Trap of the Consumer Society and Offers You a Way Out. With Bitcoin, you have access to the best savings technology in the world.
- A Bitcoin watch you need BTC to purchase
- Michael Saylor Workout - Mortgage it
- People are selling into the New Year to realize tax losses and close positions before the holiday
- They will not fool us!
- Issue with adoption by more countries?
- Sell on Dec 31st and Buy on Jan 1st for Taxes?
| ⚡ Lightning Thursday! December 30, 2021: Explore the Lightning Network!⚡ Posted: 29 Dec 2021 10:11 PM PST The lightning network is a second-layer solution on top of the Bitcoin blockchain that enables quick, cheap and scalable Bitcoin payments. Here is the place to discuss and learn more about lightning! Ask your questions about lightning Provide reviews, feedback, comparisons of LN apps, services, websites etc Learn about new LN features, development, apps Link to good quality resources (articles, wikis etc) Resources:
[link] [comments] | ||
| Daily Discussion, December 30, 2021 Posted: 29 Dec 2021 09:08 PM PST 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: 30 Dec 2021 05:16 AM PST
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| Posted: 30 Dec 2021 05:45 AM PST
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| MicroStrategy Buys Another $94.2 Million of Bitcoin Posted: 30 Dec 2021 05:19 AM PST
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| Bitcoin does the opposite of what the majority says it’s going to do, again. Posted: 29 Dec 2021 07:45 PM PST Nothings changed, every time the majority of crypto heads say that BTC is going to do "this" it does "that" instead. 🤷🏻♂️ [link] [comments] | ||
| Bitcoin now greener then Germany in energy usage ! Posted: 30 Dec 2021 04:58 AM PST
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| MicroStrategy Buys Another $94 Million Worth of BTC Amid $49K Posted: 30 Dec 2021 05:46 AM PST
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| Posted: 30 Dec 2021 01:41 AM PST Every time I listen to Michael Saylor saying that the dollar will co-exist with a Bitcoin standard, I shake my head, thinking he's probably just doesn't want to upset the guys at the top, legislators, politicians, those who hold power through the US dollar... So we can buy more time until the Bitcoin standard takes place. If I can get paid in bitcoin, purchase bitcoin, and save in bitcoin, why would I ever want to use the USD? What purpose would it serve to bring in a third party and create more friction with extra fees? But last night I think I finally understood why he is saying that, and the conclusion got me to believe that a real Bitcoin standard will take decades. Roughly 80% of the population are people who comply. They follow the rules, they don't want to be singled out. They have comfort in doing what the talking heads on television and media are telling them to do. They "behave". They wear masks, they take vaccines, they buy products that they don't really need, they invest in a pyramid-schemed pension plan, they work in meaningless jobs that produce no value, etc... When the time comes, and the fiat ponzi will collapse, they will start using CBDCs, and not Bitcoin. Not because CBDCs are better, or because they are free, but because it is what "official representatives" will tell them to do. Such as in the Milgram experiment. When an "official" figure orders people to do something, 65% of the population will do it even under harsh consequences, until there's no more orders left. The fiat generation has been indoctrinated to follow the fiat mechanism and comply since it has been born. It is where they feel safe. They ARE the fiat system. Without them fiat will have absolutely no power and the USD will be none-existent by now. The fiat rulers use the fiat generation to extract power, through coercion, confiscation, and inflation. As long as the fiat generation keeps on generating some kind of value, their masters will still have a source of energy to siphon so they can continue to influence the world. It is only when this generation stops generating enough value, that the entire thing will totally collapse. Kind of like a necromancer controlling a horde of zombies. This can take 20-30 years until the newer generation (which most probably will be inclined to using a more free and superior form of digital money) takes the majority of value production in the world economies and naturally introduces a true Bitcoin standard. In these 30 years the fiat generation and its rulers will experience the decline of its power while the Bitcoin sound-money generation gets stronger over time. These could be violent times since the fiat rulers are prone to violence and force exertion in order to get what they want. They will gladly send their own zombies as cannon-fodder and blame the enemy for their death. They are the war-mongers of history. Bitcoin is a generational investment. It is not a get-rich-quick scheme. Good things do not come easy. "If you want to get the gold, you must first slay the dragon" - Jordan Peterson This is just a thought, could be true, could be fallacy, good luck out there [link] [comments] | ||
| What is the general consensus on BTC lending platforms such as CDC, Celsius, BlockFI etc? Posted: 30 Dec 2021 04:21 AM PST First, yes, not your keys not your crypto. I'd love to know how others feel about these kinds of platforms and whether the the reward (which seems to be 4-8% APY depending where you look) justify the risk of not only holding your coins on an exchange but allowing that exchange to lend those coins out. I currently have most of my BTC on these platforms (it was in cold storage for a long while before I chose to take on the risk to passively grow my holdings). However, philosophically I feel that the entire point of BTC is that you can and perhaps should hold it yourself. [link] [comments] | ||
| Bitcoin owners are the equivalent of land owners in the Middle Ages. Posted: 29 Dec 2021 05:46 PM PST Land owners ended up becoming some of the wealthiest people on earth. Buying bitcoin today is essentially buying a Piece of the internet for the future, equivalent to land owners centuries ago. Except society/ technology moves so fast now that instead of waiting centuries for your investment to bear fruit now it's years. [link] [comments] | ||
| Embrace the sub cycles I guess :) Posted: 30 Dec 2021 01:15 AM PST I love this sub because being around I can clearly see the patterns. I vividly remember the discussion back in 2013 and people were all over the place – some saying BTC is going to 0 and you should sell while you still can, some hyping it to infinity and calling 1 mill in 2018 the latest and some obviously trying to get others to sell so they can buy more at a discount, spreading FUD like crazy. Fast forward to Dec 2021 and not much has changed. Except BTC price is crazy right now and by far exceeded my wildest expectations given the relatively short time span. And we are just getting started, gold market cap next. Patience will be rewarded in this I guess :). [link] [comments] | ||
| Posted: 29 Dec 2021 10:44 PM PST
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| A Bitcoin watch you need BTC to purchase Posted: 30 Dec 2021 06:03 AM PST
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| Michael Saylor Workout - Mortgage it Posted: 30 Dec 2021 06:30 AM PST
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| People are selling into the New Year to realize tax losses and close positions before the holiday Posted: 29 Dec 2021 05:09 PM PST Here's what I think is behind this New Year's Eve slump:
Just a theory, but those are my guesses at what's behind the latest slump—both of which would mean this is transitory and likely a great time to buy. What's everyone else think? [link] [comments] | ||
| Posted: 30 Dec 2021 04:39 AM PST | ||
| Issue with adoption by more countries? Posted: 30 Dec 2021 06:51 AM PST I was just thinking about how Bitcoin being adopted by more countries will be great for the currency and the price. Then I realised, as more countries/people adopt it, the price will continue to rise and then this will actually disincentives new countries from buying in. Say if you are the 10th country to buy in when BTC is €1mil per coin (totally making up figures here), you will have such little buying power compared to countries or whales that bought in early. Then whales/foreign countries could come in and buy massive amounts of lands or goods in your country. Does this make sense or am I missing something? [link] [comments] | ||
| Sell on Dec 31st and Buy on Jan 1st for Taxes? Posted: 30 Dec 2021 03:04 AM PST I got into BTC in Nov, I'm in for the long run. I put in 15k, nothing gigantic, but a good amount for a first time. I'm currently down about 3k. I don't care, I'm in for the long run. But I was wondering, should I sell on Dec 31st 11h45 PM and buy back on Jan 1st 12h15 AM to take my 3k lost home for the taxes? I live in Canada and I have a good enough income that this portion of my salary is taxes around 50%, so we are talking about a potential "easy" 1,5k. Thoughts? [link] [comments] |
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