 |
submitted by /u/basuraj0319 [link] [comments] |
Saturday, 5 June 2021
Despite the price crash, Bitcoin is up by 264% since last year...
Looking at the current market sentiment, all we see is the price crash of almost 50% from the all-time high of $64,000 in a matter of a few days bitcoin lost almost 424 billion of its market cap.
Yet when we look at the bigger picture and go beyond this year we see that bitcoin has actually performed quite well.
Bitcoin has risen by almost 264% in value compared to a year ago. Rising to $34,000 from $9,400 in just a year and despite the jaw-dropping price swings bitcoin has managed to continue on an upward trajectory.
And one thing seems to be driving this trend,
Institutional Investors
According to bitcoin treasuries, about 8.08% of the total bitcoin supply is currently held by institutions and the list is only growing.
Top investments in bitcoin by institutions:
- GreyScale: $22 Billion
- Microstrategy: $2.2 Billion
- Tesla: $1.5 Billion
- Square: $ 220 Million
- Bulgaria Government: $3.3 Billion
- Ukraine Government: $1.7 Billion
The past year was a transition moment for bitcoin and cryptocurrency as hedge funds and large asset managers looked for ways to protect themselves from the rising inflation and devaluing fiats and digital currencies proved to be a safe haven.
What's interesting is that many analysts and crypto veterans agree that much of the price volatility that bitcoin saw in the past weeks was propelled by retail investors while institutions held strong, in fact, they used this opportunity to invest even more.
Source: Blockonomics - Bitcoin see a 264% Annual Price Increase thanks to Institutional Investor
[link] [comments]
In August, Google will accept bitcoin exchange and wallet adverts.
Beginning Aug. 3, Google will accept adverts for cryptocurrency exchanges and digital wallets targeting US customers on its platform. In August, the Internet giant will revise its financial goods and services policy to "clarify the scope and requirements to allow the advertisement of cryptocurrency
https://www.SunDispatch.com/in-august-google-will-accept-bitcoin-exchange-and-wallet-adverts/
[link] [comments]
BTC TREES DONATION
1B4p5gY7nXhuFRARASQmrA4fRRkbpMVZkv
[link] [comments]
source https://www.reddit.com/r/btc/comments/nse01o/btc_trees_donation/
When Billionaires Tweet, FREE Markets Will Move
A lot of people act like Elon's ability to move the Bitcoin market with one tweet is a bad thing. It's not. It's actually an indication that Bitcoin is still a FREE market with heavy price discovery.
There will always be influential people in the world. When those influential people say things, the sheep WILL follow. This means that almost any asset with less than, say, a $10T market cap, will move a lot on the tweets of billionaires.
That's just how people think.
Let's contrast the Bitcoin market with the stock market, which, in its current form, is NOT a free market with price discovery. The Fed has essentially outlawed bear markets. Every time there's a market dip, the Fed extends lots of essentially interest free credit to big companies in order to correct the price, (via them buying their own stocks, among other things).
In trading circles, there's this idea of whether the Jerome Powell's comments resemble a "Hawk" or a "Dove." Here's what they basically refer to:
- Hawk: let the market drive interest rates up, allow bankruptcies, allow liquidations, allow reallocation of capital and labor
- Dove: force interest rates down, lots of low interest rate lending, bailouts, no liquidations, guarantee employment
Now here's the insight: The stock market is driven almost entirely by Jerome Powell's latest comments. When JPow has a press conference, if his comments aren't quite Doveish enough, the market tanks. When he clarifies later, it goes back up.
When the interest rate on the 10 year treasury note rises just a few tenths of a percentage point, the market tanks. When JPow comes in and assures us that the Fed will continue QE (or whatever they call it now) and prevent the recession, it recovers.
It's not even that JPow needs to say Hawkish things to move the market down. It's even the case that if he's simply not dove enough, there will be a small sell off to test the waters.
tl;dr - All this is to say, what you're seeing with Elon and market movement indicates that Bitcoin is a healthy free market with real price discovery. Free markets can be manipulated for the masses, but as long as you understand it, they can never take your Bitcoin or steal it through inflation.
The alternative is the clown world stock market we live in where the entire market lives or dies on each JPow press conference, and your savings are debased as they prop the whole thing up.
[link] [comments]
Questions about SLP tokens
1) What defines a "verified token" in the bitcoin.com wallet?
2) How can you tell which tokens are real or not? For example how can I spot counterfeit FlexUSD
[link] [comments]
source https://www.reddit.com/r/btc/comments/ns8fw8/questions_about_slp_tokens/
1 whole bitcoin cash
I only need 0.00155000 Sats and I will have 1 whole bitcoin cash.
😁
[link] [comments]
source https://www.reddit.com/r/btc/comments/nsbeph/1_whole_bitcoin_cash/
Friday, 4 June 2021
How to get ready for Smart Bitcoin Cash DEFI in a few easy steps.
 |
Some users needed help on setting up Metamask for the first time, so here are some screenshots and a step by step guide on how to do it. Remember, these are all test node coins and DO NOT HAVE ANY VALUE. 1.- Install the Metamask plugin:https://chrome.google.com/webstore/detail/metamask/nkbihfbeogaeaoehlefnkodbefgpgknn?hl=en 2.Configure Metamask to work with Smart Bitcoin Cash TEST NET: That is all! Next you can request some free BCH on this testnet (tokens do not have value as is just for testing). Once you have some coins you can also try doing a coin swap: Go to koingfu.com and click on Swap Click on Connec to wallet, then click on Metamask. Follow the steps on the Metamask window you are ready to do your first test swaps [link] [comments] |
source https://www.reddit.com/r/btc/comments/nrpoog/how_to_get_ready_for_smart_bitcoin_cash_defi_in_a/
Blockchain.com is a legit scam!! Don't use it.
So, a year ago I got some bitcoin equal to $150 from a sale of an internet domain (the buyer wanted to pay in bitcoin through blockchain.com and I said ok. I never had any experience with crypto; so don't blame me). I even fully paid my US taxes for the sale and declared it. Now recently, I moved that tiny bitcoin amount I had to their interest-earning account. Of a sudden, they sent me messages saying I'm associated with gambling services and I need to give them more of my personal info or they will suspend my account! I've NEVER EVER in my life had any single instance of gambling, let alone being associated with gambling services!!!
I replied to their emails and tried to explain and they just kept sending me template responses, asking for very sensitive personal info (bank statements, paychecks, proof of wealth etc.). And I'm sitting here wondering why!!! I then tried the chat service and it was even a more terrible experience. No proof, no proper response, and no respect! The guy in the chat just kept telling me that the compliance team can investigate when they want and I "need" to respond to them. No help at all!!
And I'm worried about providing my personal information to them. I don't think my info will be safe and secure with them if I give it to them. DON'T USE THEIR SERVICE! They seem like a legit scam.
[link] [comments]
Dr. Adam Back: Bitcoin’s 200% returns generally occur on 12 days per year. The rest of the days are relatively flat. Time the market at your own peril.
This is from a super interesting podcast with Preston Pysh, Plan B and Adam Back. Worth a listen.
[link] [comments]
Why does anyone accept fractional reserve as okay?
Money is supposed to represent productive labor. It is literally supposed to be your hard work stored in a fungible way. So, when a select minority of people are allowed to generate ten times as much money as there actually is, what is that money worth? There is no stored productive labor in it. That fractional part is completely illusory. It allows that small group to steal a portion of your hard work, your energy. It's a total scam. Why do people go along with it?
[link] [comments]
I just donated to ShareX using BCH!
I love ShareX and use it every day at work for capturing screenshots and gifs and auto uploading them to imgur. I make sure to let everyone know about it anytime I start a new job.
I'll be honest, I have never donated to an open source software project before, but I clicked the donate button (https://getsharex.com/donate) today for fun and saw they accept BCH. I had a few cents left over in my mobile Bitcoin.com wallet from a chaintip I hadn't passed on yet and couldn't resist!
It was so fast and the whole process took me a few seconds. Just the idea of inputting credit card information is enough of a hassle for me to never do it, but this was so smooth.
I know, I know, nothing too crazy or news worthy about this post but everytime I actually use BCH I'm just consistently blown away by the fact that it just works. I can send a few cents to some random stranger on the internet with no fees or personally identifying information instantly.
It was just such a fun and cool experience I just had to share :)
[link] [comments]
source https://www.reddit.com/r/btc/comments/nrloh5/i_just_donated_to_sharex_using_bch/
Rick Rule: "I think your listeners need to be very careful about the cryptocurrencies they use as an investment medium. Remeber that ideally a currency is at once a medium of exchange and a store of value."
Crypto Transaction Decoder
Hello,
I have designed and built a crypto transaction decoder that takes as input a transaction in hex format, and displays human-readable information regarding that transaction. It's open source, free and I thought that it would be good to post here if anyone finds it interesting and useful, and for future reference.
Supported Coins
- Bitcoin (including BTC-based coins like DOGE, LTC, BSV, BCH etc)
- ZCash (including ZCash-based coins)
- Peercoin (including Peercoin-based coins)
- Monero
- Ripple
- Ethereum (including ERC20 tokens)
- TRON (including TRC10 tokens)
- BNB (including BEP2 tokens)
- NEM (including NEM tokens)
- AION
- Ark
- Algorand
You can find the tool here: https://pavlostze.github.io/crypto-transaction-decoder/
And the source code here: https://github.com/PavlosTze/Crypto-Transaction-Decoder
For any suggestions please let me know.
[link] [comments]
source https://www.reddit.com/r/btc/comments/nrjg54/crypto_transaction_decoder/
Latest podcast from Inside Track - A look at taxation and cryptocurrency
Listen to our latest Inside Track podcast where we discuss the matter of taxation and cryptocurrency, including best practices, bad habits, clever loopholes and recommended tax software.
Any one who owns cryptocurrency should listen to this podcast. Presented by a specialist in the taxation of cryptocurrency.
Listen here: https://cryptoquestion.tech/inside-track/
Also listen to other podcasts in the Inside Track series presented by crypto influencers. Other topics include:
- Decentralized storage
- Domain names on the blockchain
- DeFi apps
- Decentralized exchanges
- Decentralized energy transfer
- Social networking on the blockchain
- Ticketing on the blockchain
- Raising money through an IDO launchpad
- Non fungible tokens (NFTs)
Also join the discussion at r/MoonshotMonday
This podcast should not be taken as investment advice. We do not pay or receive payment from our guests.
[link] [comments]
source https://www.reddit.com/r/btc/comments/nrk1qs/latest_podcast_from_inside_track_a_look_at/
Thursday, 3 June 2021
BCH Market
Hey All,
There are so many online businesses that accept BCH as payment, but there isn't an aggregate for them all. I think a great idea would be to create an online marketplace call BCH Market that lists all the products for sale in BCH, then has an API that links directly to the businesses shopping cart for a purchase.
It can also be a site where individual creators can post their own goods for sale in BCH only. Kinda like 2010 Amazon.
That way, BCH Market will be a one stop shop to find everything you can buy online via BCH.
Thoughts?
[link] [comments]
source https://www.reddit.com/r/btc/comments/nqw3wc/bch_market/
BTC users had their little moment of happiness
https://np.reddit.com/r/Bitcoin/comments/nqht6g/mempool_is_clearing_d/
A BTC users being ilusional, for sometime the fees got to 1 sat/vbyte, and to them, this is a proof that Segwit and LN solved the scalability problems of Bitcoin. LOL.
Oh! a few hours later fees are back at 40 sat/vbyte, and the mempool is filling again.
The happiness of a BTC user last for a short amount of time.
[link] [comments]
source https://www.reddit.com/r/btc/comments/nqz3aw/btc_users_had_their_little_moment_of_happiness/
Can someone explain to me why the technology subreddit is so vocally against cryptos?
Every day I see posts bashing cryptos over there. And it's always the same stupid shit like 'environment' and 'criminal activities'
[link] [comments]
Soft forks - risks of fractional reserve. Mike Hearn. I have been reading a lot recently about SegWit, and I thought this is a great article to go through, especially for newcomers, who might be interested in technical differences of compatible (soft) upgrades and incompatible (hard) upgrades.
Rebuilding a more dependable Coinshuffler/Coinmixer from scratch, any type of assistance is welcomed.
Libraries used - tested on so far:
https://github.com/atong01/coinshuffle
https://github.com/topics/coinshuffle
https://github.com/bryanvu/coinshuffle-wallet
This project has an impressive amount of work put into it. Unfortunately, it is no longer being maintained and the API that it used to use for its infrastructure has long since gone defunct. Even so, the source code is still there, and though it may take some time, I believe it is possible to reproduce their technology.
If you got any leads, any ideas, any improvements you wish to integrate, or any leads to improve the technology from articles, to codes, or just layman comments, inform me. Thank you.
[link] [comments]
source https://www.reddit.com/r/btc/comments/nqqnp5/rebuilding_a_more_dependable/
How do people just sit and establish with confidence that no crypto has real life use out of the coin market? It must be because the haven't meet the most useful crypto in existence yet!
Bitrequest just added Bitcoin Cash support!
Last month I was looking for a multi-currency non-custodial Point-of-sale app to recommend to people I know with local businesses, and bitrequest looked great but sadly did not support BCH. I contacted the developer and briefly explained BCH and it's history they were open to the idea of supporting it, they just didn't know about BCH - Yesterday the Dev let me know they added BCH support to the app! So check it out and maybe give some thanks to the developer or whatever.
[link] [comments]
source https://www.reddit.com/r/btc/comments/nqst03/bitrequest_just_added_bitcoin_cash_support/
I converted Burry's book recommendation "Dying Of Money" into a audiobook.
Did my best adjusting the voice. I found this book very informative. Hope it helps those who have trouble reading like me. GUH!
https://www.youtube.com/watch?v=vk70l2jq2WE&t=5318s
The cover motif is a piece of old German money. It is a Reichsbanknote issued on August 22, 1923 for one hundred million marks. Nine years earlier, that many marks would have been about 5 percent of all the German marks in the world, worth 23 million American dollars. On the day it was issued, it was worth about twenty dollars. Three months later, it was worth only a few thousandths of an American cent. The process by which this occurs is known as inflation.
A few years before, in 1920 and 1921, Germany had enjoyed a remarkable prosperity envied by the rest of the world. Prices were steady, business was humming, everyone was working, the stock market was skyrocketing. The Germans were swimming in easy money. Within the year, they were drowning in it. Until it was all over, no one seemed to notice any connection between the earlier false boom and the later inflationary bust.
In this book, Jens O. Parsson performs the neat trick of transforming the dry economic subject of inflation into a white-knuckles kind of blood-chiller. He begins with a freewheeling account of the spectacular inflation that all but destroyed Germany in 1923, taking it apart to find out both what made it tick and what made it finally end. He goes on to look at the American inflation that was steadily gaining force after 1962. In terms clear and fascinating enough for any layman, but with technical validity enough for any economist, he applies the lessons gleaned from the German inflation to find that too much about the American inflation was the same, lacking only the inexorable further deterioration that time would bring. The book concludes by charting out all the possible future prognoses for the American inflation, none easy but some much less catastrophic than others.
Mr. Parsson brings much new light to bear on this subject. He lays on the line in tough, spare language exactly how and why the American inflation was caused, exactly who was responsible for causing it, exactly who unjustly benefited and who suffered from the inflation, exactly why the government could not permit the inflation to stop or even to cease growing worse, exactly who was going to pay the ultimate price, and exactly what would have to be done to avert the ultimate conclusion.
This book packs a wallop. It is not for the timid, and it spares no tender sensibilities. The conclusions it reaches are shocking and are bound to provoke endless dispute. If they proved to approximate even remotely the correct analysis of the American inflation, hardly any American citizen could escape being the prey of inflation and no one could afford not to know where the inflation was taking him. In the economic daily lives of everyone, nothing will be the same after this book as it was before.
[link] [comments]
Wednesday, 2 June 2021
Just curious is there any free Bitcoin generator without human verification out there?
My friend recently told me she had seen an online Bitcoin generator which doesn't charge fees and doesn't verify if you're a human It's a hot debate over here I'm not really a fan of BTC generators. To know who's right, we have decided to ask the public If it exists please put a proof of it Thank you.
[link] [comments]
source https://www.reddit.com/r/btc/comments/nqgzp5/just_curious_is_there_any_free_bitcoin_generator/
Taproot allows DAOs on Bitcoin. RGB is the next generation of smart contracts.
Welcome to the next generation of smart contracts, built on Bitcoin. Smart contracts on Bitcoin focusing on confidentiality, safety, and scalability. Most of the data and work is kept off-chain. Work smarter.
[link] [comments]
Support a good cause, boost Bitcoin Cash adoption & promotion in the European Union & get a cool Bitcoin Cash-themed t-shirt (the real, not NFT!)
 |
Guys, it is time to support a good cause, boost Bitcoin Cash adoption & promotion in the European Union & get a cool Bitcoin Cash-themed t-shirt (the real, not NFT!) Our Bitcoin Cash pro tennis player, Oleksandra, is doing open fundraising by selling these insanely good BCH-themed t-shirts: All proceeds from the fundraising will go to return the Bitcoin Cash van to European roads ASAP. Bitcoin Cash Van (design offer) Limited edition (less than 100 available - no reprints), some extra benefits & free delivery included! More info & order here: http://olicrypto.com/get-unique-bch-themed-t-shirt-make-bitcoin-cash-van-drive-again/ Jump in, get your Tee & make the Bitcoin Cash Van drive again ;-)! [link] [comments] |
source https://www.reddit.com/r/btc/comments/nqeh1h/support_a_good_cause_boost_bitcoin_cash_adoption/
What Is Behind The Value Of Bitcoin - Comparison of How Bitcoin and Fiat Are Backed
Similar to fiat currencies, Bitcoin’s value is not backed by a single commodity. Instead the cryptocurrency functions off of a supply and demand system. Two of the biggest factors behind Bitcoin’s value is its complicated mathematical construction and its a limited supply: What Is Behind The Value Of Bitcoin?
Bitcoin was the first currency to operate outside of the control of a single organisation with no reserves backing it. The currency has built an entirely new monetary system through community-run networks as opposed to a single entity driving it.
[link] [comments]
source https://www.reddit.com/r/btc/comments/nqf01b/what_is_behind_the_value_of_bitcoin_comparison_of/
CAKE WALLET SCAM - Sent 0.013btc to Cake Wallet & < 15min It Was Stolen - Support Blamed Me (After Proof I'm Legally Blind) For 1. Not Following Twitter & 2. Updating App May 1 & Not May 11 (full story)
Subscribe to:
Posts (Atom)
-
Crypto is pretty much the only reason I used Reddit anymore, and I'd like to stop using this website. submitted by /u/TheTruthHas...
-
submitted by /u/FearlessEggplant3036 [link] [comments] source https://www.reddit.com/r/btc/comments/12gt49l/supposedly_insiders_in_t...
-
submitted by /u/KillerHurdz [link] [comments] source https://www.reddit.com/r/btc/comments/a6bm9y/discussing_bitcoin_power_dyn...
![[link]](https://i.redd.it/p1ivmw6685371.png){kind=link}
![[link]](https://i.redd.it/75nfd66ov3371.jpg){kind=link}
![[link]](https://i.redd.it/knbnoci5s2371.jpg){kind=link}
![[link]](https://i.redd.it/37gbtus5r3371.jpg){kind=link}
![[link]](https://i.redd.it/9453acigr1371.jpg){kind=link}
![[link]](https://i.redd.it/4eclhm5m0w271.jpg){kind=link}
![[link]](https://i.redd.it/fv1ycn5our271.jpg){kind=link}