More / Bitcoin Reddit - 3 years ago
I've been looking into crypto a lot for the past few weeks and one of the things I've noticed about bitcoin is that while it's a good store of value, it's not the best day to day currency as bitcoin transactions can take a while. I...
More / Bitcoin Reddit - 3 years ago
Looks like there is good support around 45K. Hope it stays above it Source https://twitter.com/thecryptolark/status/1393734627890667522?s=21 submitted by /u/papasmruf [link] [comments]
More / Bitcoin Reddit - 3 years ago
You have to invest a valuable, scarce resource in a trustless way to contribute to the blockchain, and he saw no other way (and neither do I). Also, the more energy the bitcoin network uses, the more expensive it is to attack. Consider how much is sp...
More / Bitcoin Reddit - 3 years ago
https://twitter.com/bit_maniak/status/1393560198170750982 submitted by /u/j4kz [link] [comments]
More / Bitcoin Reddit - 3 years ago
Some huge percentage of energy produced is wasted. This article from 2018 says 68% of energy in the US is rejected. https://www.weforum.org/agenda/2018/05/visualizing-u-s-energy-consumption-in-one-chart#:~:text=Energy%20wasted,gets%20wasted%20through...
More / Bitcoin Reddit - 3 years ago
Weβve been hoodwinked by Elon and we are going right back up to 58k Second Phase of Bull starts now. submitted by /u/davewolfs [link] [comments]
More / Bitcoin Reddit - 3 years ago
"Wealth is commonly centralized. And with PoS it is rule by the elite rich. There are many ways in which wealth is or can be centralized. Such as early adapters, thieves who steal from others by force (this also includes organizations like the U...
More / Bitcoin Reddit - 3 years ago
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 - 3 years ago
Your letting the FED win. They are printing money. Bitcoin is finite. Guaranteed profit. submitted by /u/DickweedOnIce [link] [comments]
More / Bitcoin Reddit - 3 years ago
Anyone think about the possibility that Tesla didn't receive any sales with Bitcoin? It should be trivial to estimate how many sales they had, since Bitcoin is public and their terms required one bitcoin transaction not multiple. So you should be...
More / Bitcoin Reddit - 3 years ago
New retail investors with paper hands are being washed away hard these days. We'll be better off once they exit a market they weren't prepared for. The price will recover, like it always does. The sad part is that all those people will get wr...