News about Bitcoin

More / Bitcoin Reddit - 2 years ago

Working bitcoin-related

Hey there. I know bitcoin since 2017 but I didn’t follow until April 2021 when I bought it’s ath. Bitcoin changed everything, I started reading (before I hated reading), listen to podcasts and even started to question our politics. Since April 2021 I...

by COINS NEWS - 2 years ago

Is Bitcoin always going to be the top dog?

80% of the people I talk to believe bitcoin will always be the amazon of cryptocurrency, which I find hard to believe. Bitcoin uses proof of work, which is not environmentally friendly and slow. So when altcoins like Eth and Cardano exist, which solv...

More / Bitcoin Reddit - 2 years ago

24 BTC were traded in Venezuela last week only using LocalBitcoin, around 8% of the total traded worldwide. Other exchanges used here are Binance (king by far), AirTM, Reserve among others. Still, monthly minimum wage is around 2 USD! AMA

Just updating this week numbers, 24 BTC traded (around 1millon USD). Remember only measured with LocalBitcoin. There you can go BTC > Bs. (Bolivares, national currency) and Bs. > BTC. I'm a Venezuelan living in the country. The week before...

More / Bitcoin Reddit - 2 years ago

Bitcoin up 150+% over the last 3 years

2019: Bitcoin up 92% 2020: Bitcoin up 305% 2021: Bitcoin up 62% Total: 459%, or 153% average gain since 2019 I think these are going to be more of what we can expect in years to come, not the 50% drop in 2018 or the 1400% moon shot in 2017. Be humble...

More / Bitcoin Reddit - 2 years ago

Bitcoin needs to be apolitical

Because this is getting ridiculous https://fortune.com/2021/09/28/currency-of-alt-right-how-white-supremacists-and-far-right-use-bitcoin/ followed by https://finance.yahoo.com/news/bitcoin-tool-for-social-justice-ex-government-regulator-turned-crypt...

More / Bitcoin Reddit - 2 years ago

Onion routing fiat payments to buy bitcoin

I live in a country where Bitcoin exchanges are not permitted. Most people buy binance P2P, but then binance may get banned too, and most transactions on binance are bank routed anyways. I was thinking, what if there was a way to use Tor concepts in...