Bitcoin Reddit

More / Bitcoin Reddit - 1 year ago

Why I HODL over ETF

Good morning Plebs I see a lot of post supporting using the ETFs and I understand the convivence this brings to many folk. But for anyone technical enough to Hodl their own keys, I really can't understand why using the ETF makes much sense. Choos...

More / Bitcoin Reddit - 1 year ago

Actual Bitcoin theory … or Me being dumb?

Because the 24/7 nature of Bitcoin, and the Monday Thru Friday NSYE normal hours nature of the Bitcoin Spot etfs… isn’t there a ton of indicators for an easy speculation trade?? Let’s say from after market close 5pm- 8am Bitcoin spikes 5%-15% - isn’t...

More / Bitcoin Reddit - 1 year ago

What is mining difficulty, really?

"Back in the day" when the mining difficulty was low, you could mine using your laptop and cpu. Today we can't because of the asics and mining difficulty. So back in the day, say 2012, an asic s21 would have won every block. Today, it d...

More / Bitcoin Reddit - 1 year ago

Transaction appears on node but not on ledger live

I have an incoming transaction from 2021 in my wallet. This is visible when I view my wallet using Sparrow wallet connected to my Bitcoin core node or a public node. However on ledger live app, that transaction is missing. How could ledger live miss...

More / Bitcoin Reddit - 1 year ago

BlackRock's Bitcoin ETF Gaining on Grayscale

Just saw that BlackRock's Bitcoin ETF (IBIT) is starting to catch up to Grayscale's GBTC in daily trading volume. Yesterday IBIT had $2M more volume than GBTC a few hours after opening. Pretty crazy since GBTC has dominated since the SEC appr...

More / Bitcoin Reddit - 1 year ago

Bitcoin and the Decline of Trivial Consumerism

Can't help but think that in a global economy underpinned by Bitcoin, we're likely to witness a significant shift in consumer behavior, steering away from the rampant consumerism that defines much of our current market dynamics. Bitcoin'...

More / Bitcoin Reddit - 1 year ago

Coins left on exhanges

There seems to be only about ~1,898k btc left on exchanges. Once OTC dries up, Etfs buying from this reserve is unstastainable, resulting in a massive explosion of the price. Patience, as time will only tell... submitted by /u/GANJA22...

More / Bitcoin Reddit - 1 year ago

Daily Discussion, January 30, 2024

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 yo...

More / Bitcoin Reddit - 1 year ago

Transfer money to Us from other country

I’ve been living in Us I got a PayPal account to buy bitcoin in Us And I have an bank account in other country Can I use that debit card to buy bitcoin in US and sell it to get money here The fees doesn’t matter to me Any recomendations Will I broke...

More / Bitcoin Reddit - 1 year ago

Bitcoin ETF vs Coinbase

I know that owning the etf means i actually don’t own any bitcoin. But for the sake of just investing to maximize return on fiat, is the ETF worse if i plan to hold 10 years? Like will are the fees of the ETF higher than the coinbase fees of purchasi...

More / Bitcoin Reddit - 1 year ago

Done stacking, now HODLing

Starting in 2021, I bought BTC in several batches. I have accumulated 2.65 BTC worth, and transferred them from an exchange to 2 of the ETFs. I mostly bought in fits of FOMO, did not systematically DCA. Hence, my cost basis is rather high - $47k, and...