Bitcoin Reddit

More / Bitcoin Reddit - 1 year ago

Daily Discussion, April 11, 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

Anyone else only own ETFs?

To preface, I’ve been in crypto since 2017. My total crypto holdings are in the low-mid 6 figures (briefly 7 figs in 2021, that was a great year). I know all the reasons why self-custody is better and all the arguments for it. I know all the argument...

More / Bitcoin Reddit - 1 year ago

Where are Grayscale funds flowing to?

GBTC trust is selling a lot of bitcoin, over 300,000 since conversion. It can be interpreted in 2 ways, I don't know which is correct. Holders of GBTC are selling because of high fees, and re-buying the new 9 (Blackrock, Fidelity, etc) GBTC is a...

More / Bitcoin Reddit - 1 year ago

Why so many still don't "get it"

Before Bitcoin I had little to zero knowledge of how money worked, how our debt-based monetary system was designed to steal from us and how fixing the money at the root cause can quite literally change the world by realigning incentives. I see money...

More / Bitcoin Reddit - 1 year ago

Only about two weeks out now…

From Kraken - We’re about two weeks out from the next Bitcoin halving, and you might be wondering, "How will it affect crypto and the bitcoins I hold?" It's a great question. Our answer: Relax — the halving won't directly impact any...

More / Bitcoin Reddit - 1 year ago

The fact that bitcoin has no maker (satoshi) and started off as a geek coin and now countries,the wealthiest people and institutions are owning and chasing after it makes me wonder how small the world really is.

they didnt buy it at $1-10,000 means they are FOMOing real bad. Knowing their are ordinary people out there who own 10s 100s back when it was under $100. I’ve known about it since it was ticking at $50. Mined 0.87 when it was $700, lost it because th...

More / Bitcoin Reddit - 1 year ago

Finally figured out what it really is…

Ok, so I’ve finally figured out what it is… It’s not a world wide currency, as it’s too simply too scarce. It’s not an asset, as it gives no intrinsic return. It’s not a commodity as it has no utility. It’s actually an indicator in the lack of faith...

More / Bitcoin Reddit - 1 year ago

2200 BTC poker tournament ad in 2014

Checking through old emails I just found this 2014 email footnote casually advertising an upcoming 2200 BTC tournament. I remember this site was super scammy, I DO NOT recommend playing there (if they still exist). Kudos to Fruits_of_Fib by the...