Saturday, 11 December 2021

EXCLUSIVE U.S. preparing indictments against Salvadoran officials over alleged pact with gangs -sources

EXCLUSIVE U.S. preparing indictments against Salvadoran officials over alleged pact with gangs -sources submitted by /u/user4morethan2mins
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source https://www.reddit.com/r/btc/comments/rdkrtt/exclusive_us_preparing_indictments_against/

Bitcoin Exchange Balance Hits Three-Year Low

Bitcoin Exchange Balance Hits Three-Year Low submitted by /u/polloponzi
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The North American time-zone Bitcoin Cash virtual meetup is Saturday the 11th at 7pm EST! We're talking paper wallets and giving away a Bitcoin Cash hoodie from AgoraThreads.com =)

The North American time-zone Bitcoin Cash virtual meetup is Saturday the 11th at 7pm EST! We're talking paper wallets and giving away a Bitcoin Cash hoodie from AgoraThreads.com =) submitted by /u/AD1AD
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source https://www.reddit.com/r/btc/comments/rdhn9u/the_north_american_timezone_bitcoin_cash_virtual/

Beginner That Just Bought BitCoin

I am a beginner who just bought 200 dollars worth of bitcoin yesterday and invested it. I only know that you should hold on to it as it will increase over time. However, I'm hearing more about this bitcoin dip that's happening right now and how you should buy whenever there's a dip. I want to learn more about bitcoin, so it would be great if anyone could give some advice.

submitted by /u/Navi07564
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US Inflation Rate Surges to 6.8% in November, a 4-Decade High; Bitcoin Jumps

US Inflation Rate Surges to 6.8% in November, a 4-Decade High; Bitcoin Jumps submitted by /u/s3k2p7s9m8b5
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Earning Report: Earned over $605 in 11 months on Dutchycorp

So this is my Earning Report:
I earned $605.16 in eleven months.
Time spent: Max. 5min per day while watching TV/Netflix or Youtube.
Full proof of my earnings & payouts directly to Coinbase: https://imgur.com/a/R895hgv

Is it worth the time? In my eyes yes.

You will receive most earnings in BTC (over $200). There are over 50 other coins (ETH, ADA, BNB, MATIC and many more) to earn but BTC brings the best ratio.Link: https://autofaucet.dutchycorp.space/

How does it work:
DutchyCorp let's you do tasks and surveys where you get awarded Dutchy Coins. With these coins you are able to let a Faucet running and you can get paid in over 50 coins. I only do payouts with the coins featured to be paid out to Coinbase. Therefore I don't pay additional fees.How are you able to get the best possible earnings on DutchyCorp:
- Do the Coin Rolls and Dutchy Rolls for daily Bonus
- Run the Autofaucet on weekend with 20% claim Bonus
- Do Surveys on Offerwall to be able to earn more DUTCHY and increase your own level
- be active to get some free Coins by the RainBot
- Go to the Shortwall and click on the pages on a daily base
- Run the AutoFaucet with Balance Mode for additional 10%

I did my payouts directly to Coinbase. Payouts are really fast and after about ten seconds you get confirmation of your withdrawal. If you are new to Coinbase, you can get an additional $10 of Bitcoin after you have bought Bitcoin worth $100 with this link: https://www.coinbase.com/join/lussy_u

submitted by /u/Klaasiker
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source https://www.reddit.com/r/btc/comments/rdfsit/earning_report_earned_over_605_in_11_months_on/

Friday, 10 December 2021

Veteran Bitcoin HODLER

Veteran Bitcoin HODLER submitted by /u/At0m11c
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Do you ever worry that guys like Micheal Saylor who become Bitcoin whales might manipulate the price of Bitcoin.

They hold such large amounts. By simply selling some they can drop the price and those who are leveraged get stopped out, which drops the price further. Like a cascading effect.

Then the whale just buys even more Bitcoin again and becomes an even bigger whale.

I worry that this is what’s happening.

submitted by /u/ApeCapitalManagment
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⚡ Lightning Thursday! December 09, 2021: Explore the Lightning Network!⚡

The lightning network is a second-layer solution on top of the Bitcoin blockchain that enables quick, cheap and scalable Bitcoin payments.

Here is the place to discuss and learn more about lightning!

Ask your questions about lightning

Provide reviews, feedback, comparisons of LN apps, services, websites etc

Learn about new LN features, development, apps

Link to good quality resources (articles, wikis etc)

Resources:

submitted by /u/rBitcoinMod
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Bitcoin Network Hash Rate is Nearly Above its All-Time High

submitted by /u/titi1992ks
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Bitcoin Debit Cards - Why You Should Use One - Guide

Here are a few reasons why Bitcoin debit cards outweigh your traditional debit card: What Are Bitcoin Debit Cards and Why You Should Use One

  • Use crypto for real world transactions

You can use crypto to pay for groceries, transport, and everyday goods without having to worry about the premeditated work of selling and converting it.

  • Spend less money on fees

As the conversions from crypto to fiat take place on the backend, there are no hidden costs incurred for foreign exchange conversions.

  • Seamlessly change between currencies

Many Bitcoin debit cards allow users to onboard a fiat option too, allowing them to interchange between paying in various cryptocurrencies as well as fiat currencies and saving the hassle of switching between cards.

  • Travel convenience

Bitcoin debit cards can bypass conversion fees, simply offering cryptocurrency payments when you’re out of your own country, or another fiat wallet internally linked that allows you to load and spend the local currency wherever you might find yourself.

submitted by /u/cmstrump
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source https://www.reddit.com/r/btc/comments/rcp0gv/bitcoin_debit_cards_why_you_should_use_one_guide/

Today RGB performed its first Mainnet Taproot transaction

Today RGB performed its first Mainnet Taproot transaction submitted by /u/fipasi
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Coinbase launches high-interest DeFi benefits to 70 countries

Cryptocurrency exchange Coinbase announced that qualified customers in more than 70 countries can now earn income through DeFi.

Cryptocurrency exchange Coinbase announced that customers in more than 70 countries/regions can earn income through the world of decentralized finance (DeFi) through the cryptocurrency they hold. arrive

Coinbase said in a prepared statement: “We are making DeFi more accessible, enabling qualified customers in more than 70 countries to obtain attractive DeFi loan yields on their DAI without any cost, lock-in Or troublesome settings.

At the core of this move is Coinbase's desire to make DeFi "more customer-friendly and approachable."

With DAI stablecoin, customers can choose to join to earn DeFi income. Customers' DAI assets will be stored in Compound Finance, which Coinbase describes as an "industry-leading" DeFi protocol. However, the interest on this rate of return is variable.

For example, in October, Compound's rate of providing DAI fluctuated between 2.8% and 5.3%. Coinbase stated: "Higher interest rates reflect both the unique way to obtain global liquidity and the increased risk that DeFi may bring."

Despite this risk, Coinbase is still optimistic about the prospects of DeFi. The exchange added: "DeFi has great potential to help increase economic freedom, and we are excited to provide a trusted and easily accessible way to participate."

However, this announcement has an obvious omission.

Although the service has been launched to 70 eligible countries, including major economies such as Germany and the United Kingdom, Coinbase’s DeFi benefits have not yet been provided to US customers.

U.S., Coinbase and DeFi

In September, when the U.S. Securities and Exchange Commission (SEC) threatened to sue the exchange, Coinbase CEO Brian Armstrong made a statement on Twitter on the premise that the exchange launched the Lend Income products.

"The SEC has recently seen some very rude behavior," said Armstrong, who regretted the SEC's statement that Coinbase's Lend would become a security, and his position was widely criticized at the time.

submitted by /u/nosycustard0
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source https://www.reddit.com/r/btc/comments/rcor0i/coinbase_launches_highinterest_defi_benefits_to/

$500k Bitcoin

Cathy Wood -CEO of walls st. Juggernaut - Ark Investments mentioned on CNBC this morning that if institutions should dive into bitcoin with as little as 5% of their buying power…….bitcoins price could move to $500,000 Something to think about.

submitted by /u/Bolo3374
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So I cant mine Bitcoin, but I can run a node. What else can I do to contribute to the community as a whole?

Not in it for the money, but what else can I do to help secure the network? What else can I do to contribute to the greater community?

Leaning towards running the Umbrel Bitcoin Machine. I try to orange pill everyone I know.

What else?

submitted by /u/thadiusb
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Join our EVP of Operations @Mariamoita as she shares her thoughts on the opportunities around #crypto

Join our EVP of Operations @Mariamoita as she shares her thoughts on the opportunities around #crypto adoption for financial institutions at @EBlockchainCon .

📆 13 Dec ⏰ 7pm CET 🎟️ https://eblockchainconvention.com

submitted by /u/CryptoFriendd
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source https://www.reddit.com/r/btc/comments/rco6g5/join_our_evp_of_operations_mariamoita_as_she/

Thursday, 9 December 2021

Visa Launches Crypto Advisory Service in Mainstream Push

Visa Launches Crypto Advisory Service in Mainstream Push submitted by /u/simplelifestyle
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Trezor hardware wallets are now able to support the recent Bitcoin Taproot update.

Trezor hardware wallets are now able to support the recent Bitcoin Taproot update. submitted by /u/amarett0
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Soft Forks create Tough Times. 😁

Soft Forks create Tough Times. 😁 submitted by /u/walerikus
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source https://www.reddit.com/r/btc/comments/rby8w8/soft_forks_create_tough_times/

Valkyrie To Launch DeFi Fund as CEO Cites ‘Massive Opportunity in the Space

Valkyrie To Launch DeFi Fund as CEO Cites ‘Massive Opportunity in the Space submitted by /u/ashamedWeaver424
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source https://www.reddit.com/r/btc/comments/rc0maz/valkyrie_to_launch_defi_fund_as_ceo_cites_massive/

Are you still keeping your money in the bank?

Are you still keeping your money in the bank?

Like to do stable investment, coinbase company defi project is very stable, the use of USDT for mining revenue, the use of USDT without pledge is not to take any risk, there are 2%-5% of the daily earnings in your own wallet operation, want to earn how much you decide.

message

https://preview.redd.it/dzldyowktd481.jpg?width=960&format=pjpg&auto=webp&s=12821fb3147365c4df317dfc650a71ce5d19bb3d

submitted by /u/Enough-Actuary-2084
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source https://www.reddit.com/r/btc/comments/rc0qan/are_you_still_keeping_your_money_in_the_bank/

It’s never too late to invest in bitcoin. Who’s with me?

It is never too late to invest in Bitcoin, especially if you are a long-term hodler. Always try to buy and hold BTC for more than 1-year, and you can get a decent return. If you invested in BTC 5-years back, your ROI (Return on Invest) would have been 8,000%, a return better than all other assets. 2018 was one of the worst years in the history of Bitcoin when the price went down from near US$20,000 level to US$3,400 level.

Even if you bought BTC at the peak of near-US$20K level in mid-December 2017) and held it till now, your investment would have increased by over 175% will now, which is again a better return than any other asset class including gold. The store value of BTC is amazing.

Almost the entire Wall Street believes that the price of Bitcoin against the US Dollar will increase anything from 2-folds to 10-folds by 2021-end or mid-2022. This means that each BTC price will be anything from US$100,000 to US$500,000 in the next 12-14 months. In fact, some experts also believe that in the coming 10-years (by 2030), the price of each bitcoin will become US$1-Million. This means you can always make a robust profit by investing in Bitcoins, no matter when you invest, till your investment horizon is holding for more than 1-year. The longer you hold BTCs, the higher the ROI.

My ROI got even better using NapBots.It provides me with well-designed trading strategies and increases my investment returns. Napbots currently provides exposure to 15 specific working strategies in an easy-to-use and very safe environment, with different time horizons.

Disclaimer: I’m not saying that trading bots are for everyone. I’m just sharing my thoughts and experience so please don’t attack me.
ps. I am not sure what flair to use opinion or discussion, thought maybe opinion is much appropriate.

submitted by /u/Aggressive-Twist-252
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source https://www.reddit.com/r/btc/comments/rc0elt/its_never_too_late_to_invest_in_bitcoin_whos_with/

Is it possible to archive all of rBTC?

Title. Basically, can we set a periodical archive of rBTC maintained elsewhere, ideally navigable and index-able?

submitted by /u/iamaskmeanything
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source https://www.reddit.com/r/btc/comments/rc0cwv/is_it_possible_to_archive_all_of_rbtc/

Why I think Bitcoin offers a better monetary standard for the planet than fiat money.

The Austrian School of Economics defends that money should always arise on the free market.

Our current acquired view of money is set on it always being controlled by some sort of central entity (top-down via government). That central authority is in charge of managing both inflation and monetary policy.

Bitcoin, however, offers opposite paradigms. It has no central authority and its supply is limited, auditable, and known in advance.
Economies as a whole are complex and adaptive systems that flow from a different degree of top-down decisions (centralized) and bottom-up decisions (decentralized). It has been proved again and again that economies with an excessive top-down approach (centralisation) don’t allocate resources efficiently.

Problems with a Fiat standard

PRICE SIGNALS

All price dynamics in an economy are moved by an infinitely complex mesh of individual knowledge that a centralized entity cannot gather. The biggest problem of constantly manipulating the money supply is that it obscures and distorts price signals. It is impossible to find out whether the aggregate demand is growing naturally or because of the additional money injected into the economy.

When the money supply is constantly manipulated, the pure mathematical objectivity of its measurement cability is distorted.

Price signals, however, should always be just a pure mathematical coordinative force for free-market agents. If you measure a door with a measuring instrument constantly inflating its scale, then you don't know whether you measure the door or the instrument, you cannot distinguish the signal (the height) from the nouse (the changes in the unit of measurement).

With productivity gains, prices should fall naturally -we produce more with the same resources-. Price dynamics should only reflect real free-market dynamics. -economic preferences and real demand and supply dynamics-. However, constantly inflating the money distorts the mathematical purity of price signals. As a result, the precision of economic agents to make rational economic calculations is compromised, deriving inexorably in a less efficient economy.

DISTORTION OF TIME PREFERENCES & CAUSING BUSINESS CYCLES

Trying to plan monetary policy in a centralized top-down fashion also leads to the distortion of the time preferences of individuals. In the free market, a natural interest rate forms with the equilibrium between low and high time preferences, but in the fiat standard, borrowed money doesn’t come from someone else’s savings, it is just debt that gets created.

These dynamics make economic calculations less precise and cause the system to overborrow and misallocate capital. Today, interest rates are artificially lower without a lower time preferences. This according to the Austrian school causes the business cycles of boom and busts.

How does Bitcoin solve all these problems?

With a known, auditable, open-source and absolutely scarce limited monetary supply (mathematically objective), Bitcoin allows for pure pristine price signals, preventing inefficiency costs associated with monetary distortion. All price dynamics just reflect real free-market realities (productivity gains, scarcity, abundance,....) that come in aggregate from each economic agent’s decisions. Prices just reflect economic truth.

Interest rates also fluctuate according to real market demand and time preferences in the economy, smoothing the business cycle as a result.

In conclusion, Bitcoin not only allows for a more efficient economy to flourish as money just represents pure mathematical objectivity, it also takes the monetary power away from politicians, dictators, and bureaucrats back to the individual economic agents.

Autocrats like Erdogan in Turkey can corrupt the monetary policy of the central Bank of Turkey, but they will never be able to influence or alter Bitcoin’s monetary policy.

In this last regard, Bitcoin truly unleashes monetary empowerment for all economic agents.

submitted by /u/btc_has_no_king
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What could happen if majority of hashrate 51%+ would drop SegWit support and switch back to non SegWit old BTC nodes?

Could this create a problem? Do old node miners still exist on BTC chain?

submitted by /u/walerikus
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source https://www.reddit.com/r/btc/comments/rbym0t/what_could_happen_if_majority_of_hashrate_51/

I created a social media website where you can talk about Crypto, and NFTs in one place. I worked really hard on this and would love to hear your feedback!!

I created a social media website where you can talk about Crypto, and NFTs in one place. I worked really hard on this and would love to hear your feedback!! submitted by /u/danktim
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source https://www.reddit.com/r/btc/comments/rby2rx/i_created_a_social_media_website_where_you_can/

Wednesday, 8 December 2021

The Developers Who Wrote Bitcoin’s Taproot Upgrade

The Developers Who Wrote Bitcoin’s Taproot Upgrade submitted by /u/Bitcoin_is_plan_A
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I created a really quick “Bitcoin 101” for beginners. Feel free to tear it apart!

I created a really quick “Bitcoin 101” for beginners. Feel free to tear it apart! submitted by /u/Stock_Whisperer06
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source https://www.reddit.com/r/btc/comments/rba01e/i_created_a_really_quick_bitcoin_101_for/

Crypto.com

Hi I have an account on crypto.com I got my free coin, can u send them to my wallet on Coinbase? How? Thank u for answering

submitted by /u/cana420
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source https://www.reddit.com/r/btc/comments/rb9yg4/cryptocom/

This halvening cycle is exactly like every other. DON’T SELL!

I’ve been into Bitcoin since 2016 and I rode that halvening then the following bear market like a boss. What we’re seeing right this second is no different than 4 years ago almost to the day. Halvening happened at the end of 2016 (2020).

Bitcoin touched a new ATH shortly after, then starts middling a little bit right before and through part of December of the next year 2017 (2021).

Finally, it surges to a whole new level that had only ever been speculated upon and most of the crypto market follows.

I’m not a Bitcoin maximalist, but I believed in BTC first and I always will believe in it as a store of value and the original founder of the financial revolution.

Keep HODLing and don’t you dare fucking sell!

submitted by /u/RecoveringFuckup
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These are some easy and good tips for a successful trading

These are some easy and good tips for a successful trading submitted by /u/mangoNya
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source https://www.reddit.com/r/btc/comments/rb6fkv/these_are_some_easy_and_good_tips_for_a/

El Salvador Update : Local small businesses say Bitcoin is easier to use, it has improved sales, connects more people to business, there's no need to go to ATM and it can't be stolen

El Salvador Update : Local small businesses say Bitcoin is easier to use, it has improved sales, connects more people to business, there's no need to go to ATM and it can't be stolen submitted by /u/KAX1107
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WonderFi and Animal Capital to Launch “Money Goals” – A Financial Literacy Initiative Leveraging Voices of Major Influencers

Vancouver, British Columbia - December 7, 2021 - WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF)(the "Company" or "WonderFi") today announced the launch of "Money Goals", a financial literacy initiative in partnership with Animal Capital and Josh Richards, focused on Gen Z.

Money Goals was created after Animal Capital founders Josh Richards and Marshall Sandman identified a lack of relevant resources for Gen Z that support knowledge of both traditional finance and new forms of finance like cryptocurrency.

"Kids today are less inclined to go to a textbook to learn about money - instead they want to learn from ...

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BITCOIN Billionaire Barry Sternlicht "The Only Thing They Can't Make More of is BITCOIN" - 12/6/2021

BITCOIN Billionaire Barry Sternlicht "The Only Thing They Can't Make More of is BITCOIN" - 12/6/2021 submitted by /u/Fiach_Dubh
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Clever Marketing: Stacks considers itself being part of BTC protocol

Clever Marketing: Stacks considers itself being part of BTC protocol submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/rb5l9v/clever_marketing_stacks_considers_itself_being/

Tuesday, 7 December 2021

Self-Described Bitcoin Creator Must Pay $100 Million in Suit - Bloomberg

Self-Described Bitcoin Creator Must Pay $100 Million in Suit - Bloomberg submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/raje9f/selfdescribed_bitcoin_creator_must_pay_100/

Ethereum miners outpaces Bitcoin miners in revenue for seventh straight month in November

Ethereum miners outpaces Bitcoin miners in revenue for seventh straight month in November submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/rajcgl/ethereum_miners_outpaces_bitcoin_miners_in/

Analysis: Can Thorchain still succeed despite the recent attacks? Is this the interoperability solution BCH users were waiting for?

Analysis: Can Thorchain still succeed despite the recent attacks? Is this the interoperability solution BCH users were waiting for? submitted by /u/WitchesAndMouses
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source https://www.reddit.com/r/btc/comments/rajjcb/analysis_can_thorchain_still_succeed_despite_the/

Time to fly 🚀🚀🚀

Time to fly 🚀🚀🚀 submitted by /u/Exitmorelikeentrance
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source https://www.reddit.com/r/btc/comments/rajef9/time_to_fly/

U know what time it is.

U know what time it is. submitted by /u/Super_Robot_AI
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Back over 50k!

I’m sure we’ll never see the 40s again. /s

submitted by /u/semajessej
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Sold for my new life in Japan.

French here. Sold 13% of my stack to move & start my new life in Japan from January.

It was really hard to sell, heartbreaking. Bitcoin allow me to realise my dream.

submitted by /u/Friendly-Beginning-8
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Bitcoin Fixes US Monetary Policy explained with Anime

Bitcoin Fixes US Monetary Policy explained with Anime submitted by /u/tucsonbitcoin
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Don't use Tor for Bitcoin

For some time now, I've been getting reports from customers that Bitcoin mixers are stealing their coins. I now have a pretty good guess what's happening:

It's common for Bitcoiners to use Tor to anonymize their activity. Unfortunately, this has a major risk.

For several years now, an unknown attacker has been running malicious Tor nodes to steal users Bitcoin: https://nusenu.medium.com/how-malicious-tor-relays-are-exploiting-users-in-2020-part-i-1097575c0cac

Here is how the attack works:

  1. Attacker creates many Tor exit nodes so that up to a third of Tor nodes are operated by them.
  2. Attacker looks for HTTP requests to crypto sites, especially Bitcoin mixers. Nearly all crypto sites are HTTPS, but users usually do not type HTTPS:// before a web address. Instead, they type the domain name and let the website redirect from HTTP to HTTPS. The attacker strips out this redirect.
  3. Because the website session is in plaintext, the attacker can dynamically replace Bitcoin addresses to his own.
  4. Bitcoin deposits are redirected to the attacker. The victims blame the coin mixer.

Solutions:

  1. Website operators should use HSTS Preloading (https://hstspreload.org/). Most crypto websites do NOT currently do this.
  2. Users should install HTTPS Everywhere https://www.eff.org/https-everywhere
  3. Users should check that websites connections are HTTPS:// Browser are getting better are warning about HTTP connections
  4. Don't use Tor for crypto. Use a VPN instead. You can pay for many VPN's with Bitcoin. Of course, you must trust that the VPN is non-malicious too.
submitted by /u/HeroicLife
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Bitcoin Technical Analysis for December 7, 2021 - BTC

submitted by /u/TRAcademy
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source https://www.reddit.com/r/btc/comments/rail32/bitcoin_technical_analysis_for_december_7_2021_btc/

This guy is a bad ass. 😎

This guy is a bad ass. 😎 submitted by /u/Pupulikjan
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El Salvador Bought 150 Bitcoins In The Dip

submitted by /u/Tejas_LiMan
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6 little-known countries in which you can buy real estate with Bitcoin. Useful as an offramp.

6 little-known countries in which you can buy real estate with Bitcoin. Useful as an offramp. submitted by /u/VladM77
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CryptaAI: a newbie-friendly tool that lets you invest in baskets of crypto, including Bitcoin Cash, on Binance and apply leverage.

Hello everyone, I and a few of my friends made an app for crypto traders/investors. It's Crypta.ai and free to use right now and very newbie-friendly.

Anyone can participate in the market with just a few clicks by investing in/swinging/scalping themed cryptocurrency baskets put together using logic, math, algorithms, and professional expertise.

So... baskets on Crypta.ai can be seen as similar to "real world" ETF's. And are an easy method for capturing capital growth and riding the market.

Our app is available on desktop and mobile devices. We currently support Binance only. Our service is very secure and new features are coming.

For more information on where Crypta.ai is headed, including roadmap, and to join our community. Please visit our website.

Also, it is important to note that we do not have/hold access to user funds via Crypta.ai.

submitted by /u/nellodeangelis
[link] [comments]

source https://www.reddit.com/r/btc/comments/raheer/cryptaai_a_newbiefriendly_tool_that_lets_you/

wen bcash

wen bcash submitted by /u/Sir_Shibes
[link] [comments]


source https://www.reddit.com/r/btc/comments/rahgxe/wen_bcash/

Craig Wright Cleared of All Charges Except a Conversion Count, Jury Awards $100 Million to W&K Info Defense

Craig Wright Cleared of All Charges Except a Conversion Count, Jury Awards $100 Million to W&K Info Defense submitted by /u/jamieBitcoinDotCom
[link] [comments]


source https://www.reddit.com/r/btc/comments/raef2x/craig_wright_cleared_of_all_charges_except_a/

Muneeb on Twitter: Bitcoin maximalism is limiting the growth of Bitcoin

Muneeb on Twitter: Bitcoin maximalism is limiting the growth of Bitcoin submitted by /u/btcxio
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source https://www.reddit.com/r/btc/comments/rafskb/muneeb_on_twitter_bitcoin_maximalism_is_limiting/

Craig Wright the Self-described Bitcoin creator must pay $100 million in lawsuit

Craig Wright the Self-described Bitcoin creator must pay $100 million in lawsuit submitted by /u/sikeig
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Mark Lamb from Coinflex was on CNBC to talk about the deal with Bitcoin.com! Also Doug Polk, who use to dable with the maxi's is now a Coinflex ambassador!

Mark Lamb from Coinflex was on CNBC to talk about the deal with Bitcoin.com! Also Doug Polk, who use to dable with the maxi's is now a Coinflex ambassador! submitted by /u/i_have_chosen_a_name
[link] [comments]


source https://www.reddit.com/r/btc/comments/radc0i/mark_lamb_from_coinflex_was_on_cnbc_to_talk_about/

"Bitcoiners were attracted by the Bitcoin experiment. They’ve now turned into naysayers who laugh at every new experiment. Guess what? The new experiments are working, and the BTC dominance is dropping."

"Bitcoiners were attracted by the Bitcoin experiment. They’ve now turned into naysayers who laugh at every new experiment. Guess what? The new experiments are working, and the BTC dominance is dropping." submitted by /u/Egon_1
[link] [comments]


source https://www.reddit.com/r/btc/comments/radzuf/bitcoiners_were_attracted_by_the_bitcoin/

Someone Is Running Hundreds of Malicious Servers on Tor Network

Someone Is Running Hundreds of Malicious Servers on Tor Network submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/raebmh/someone_is_running_hundreds_of_malicious_servers/

Does anyone know a person or company that specializes in creating cryptocurrency mining related software, websites, and applications? I work at a Bitcoin mining company and am trying to create a website and mobile app from scratch which has a wallet, exchange, cloud mining, and staking.

submitted by /u/mishmoigon2
[link] [comments]

source https://www.reddit.com/r/btc/comments/rae8l3/does_anyone_know_a_person_or_company_that/

Sweden Wants to Lessen the Amount of Crypto Mining in Europe

submitted by /u/Valuable-Reality-876
[link] [comments]

source https://www.reddit.com/r/btc/comments/rae78w/sweden_wants_to_lessen_the_amount_of_crypto/

Monday, 6 December 2021

Top 10 books to learn Bitcoin in 2022

Top 10 books to learn Bitcoin in 2022 submitted by /u/maxirosson
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Tether only still exists because its collapse will be the main excuse to regulate crypto to death.

Tether only still exists because its collapse will be the main excuse to regulate crypto to death. submitted by /u/ChaosElephant
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source https://www.reddit.com/r/btc/comments/r9sjja/tether_only_still_exists_because_its_collapse/

How do I transfer money from BitPay to my debit card? 😅

Any help appreciated.... I have Coinbase but...

submitted by /u/CreeyoLeelo
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source https://www.reddit.com/r/btc/comments/r9ro9v/how_do_i_transfer_money_from_bitpay_to_my_debit/

@smileEverytime0 on Twitter make this Xolos $RMZ ⚡ meme because of the contest we Made Yesterday. We kind of Love It, did you?

@smileEverytime0 on Twitter make this Xolos $RMZ ⚡ meme because of the contest we Made Yesterday. We kind of Love It, did you? submitted by /u/XolosRamirez
[link] [comments]


source https://www.reddit.com/r/btc/comments/r9rpni/smileeverytime0_on_twitter_make_this_xolos_rmz/

btc bull abstract, digital, 2021

btc bull abstract, digital, 2021 submitted by /u/txislife
[link] [comments]


source https://www.reddit.com/r/btc/comments/r9r0cg/btc_bull_abstract_digital_2021/

Found some BitHaters in the wild on Microsoft News

Found some BitHaters in the wild on Microsoft News submitted by /u/TheLastCact1
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Is there any hard proof that El Salvador has been buying what it claims to be buying? Can we see it for ourselves? (This is half the point of a decentralized public ledger, or am I wrong?).

submitted by /u/proph3tsix
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Quiet Bitcoin mining with immersion cooling and use of waste heat

Quiet Bitcoin mining with immersion cooling and use of waste heat

Location: Somewhere in northern Germany

I have built a "heater" which digs Bitcoins for me and warms my living room at the same time. Since I spent quite a bit of time on this project and it wasn't clear in the beginning if what I came up with will work, I would like to present the project so you can benefit from my experience.

I run 2 hashboards. These have a hashrate of 9.4 TH/s and would generate 0.00000220 BTC / hour according to a mining calculator. With an electrical power of 0.78kW.

Let's say we produce 1000kWh of heat with the hashboards. Then we have to run the hashboards 1000kWh / 0,78kW = 1282 hours.

This costs us 0.27€/kWh * 1282 h = 346€.

We get 1000kWh in heat and 0.00000220 BTC/h * 1282 h = 0.0028204 BTC

So at a rate of 50000€/BTC we get 141€ in the form of bitcoin.

Compare this with gas heating:

1000kWh gas heat costs 90€

1000kWh Electric heat costs 346€ and we get 141€ in Bitcoin so 346€-141€ = 200€.

The rate of Bitcoin would have to be around 90000€/BTC for it to cost the same as gas heating.

Gas price about 0.09€ / kWh

Electricity price about 0.27€ / kWh

Bitcoin price about 43700€/BTC

Green electricity share in the power grid about 45%.

Hardware:

Antminer S9j (3 hashboards) with power supply.

30 liters tin bucket

20 liters Addinol white oil WX15

Radiator height: 60cm width: 80cm depth: 12cm

Fabric hose, pipe fitting etc.

Hot water pump

Small PC fan

Fan Simulator

At first I wanted to operate the power supply in the oil (see the picture of the aluminum frame).

But since I did not know how the thing runs, I have the power supply first left out.

Conclusion:

The system has been stable for a few days now. I usually use it in the morning and a couple of hours in the evening, when I am at home.

The fan of the power supply I have also throttled a little (5 diodes soldered into the line of the fan) so he is still a little quieter. The volume of the hot water pump is very low. This I operate with an old notebook power supply with 19V. I bought the 24V version, there is also a 12V version. The power supply is the loudest component.

The radiator I bought used. Keep in mind that in the radiator may be impurities which are then deposited in the bucket. This was not a big problem, but I recommend to consider this and maybe install a filter in the beginning. In the oil I also operate a small fan that circulates the oil. Thus, the temperature in the bucket is evenly distributed.

After about 3 hours, the system is at maximum temperature. The oil temperature is then about 58°C, the chip temperature of the hashboards is max. 86°C and the radiator is about 45°C. The outside temperature is about 0°C at the moment and the Bitcoin heater manages to keep about 21°C in the living room.

Next I will build a platform with casters and put the system on it. I plan to run the hashboards in spring with my own photovoltaic modules to reduce the mining costs.

It is an interesting project and I have gained some experience.

If you found this post helpful and maybe want to donate some satoshi here is my bitcoin address:

1DhNAhyd69PuqodLGCX4hz2EqGugFkqrPy

Otherwise, stay healthy and HODL

feel free to ask questions

Aluminum frame to support the hash boards in the oil

Current system with a pizza dough on the radiator ;-)

Warmwaterpump from Ebay

Fan simulator from Ebay

30L tin bucket from Ebay

submitted by /u/Special_Inspector590
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Market sentiment

Market sentiment has already dropped off substantially in just a few days. Fear and greed is at 18, which we haven’t seen since July. I think it’s reasonable considering the state of the stock market with the fed on the cusp of tapering, Evergrande just continuing to persist, risking contagion in the credit markets and oh yeah let’s just throw in a new variant that’s hyper-transmittable. Should be a fun little twist to the end of the year.. yay. I really do think we could chop sideways for some time or simply just bounce around in a range until the macro economic landscape changes (also I have 0 idea so don’t listen to me)

What I do know is that what Bitcoin does in the short-mid term will depend on the fed’s decision, tone and stance on tapering and how the broader market reacts to this. Everyone should be paying attention to this, yes it’s great to “buy the dip” and not worry about anything. Yes this is a good long term strategy but you should always be aware of major economic events like this. It impacts all of us drastically and by doing this you can make sure you take advantage of pivotal moments to better your financial life.

Consider that the stock market hasn’t seen one correction this year (a drop of 10-20% from highs). Yes the NASDAQ saw a 10% correction earlier this year but not all major markets. This is a statistical certainty it will happen just a matter of when. Don’t be naive and just disregard this because Bitcoin is a risk-on asset so it’ll be one of the first ones to go (in the short term of course)

We’re getting literally like 5x the amount of bad news all at once. Fed tapering earlier than expected, CPI being released next week (which is almost certainly going to be a higher reading than last month, which will just further push the fed to taper, more covid, end of year rebalancing and wash-sale shenanigans, horrible payroll numbers, and then China being China.

I think the sheer speed of Friday’s drop is not to be scoffed at. I mean yes we’ve seen much worse drops but a nearly 20% drop in like 2 hours is not nothing. A 15% drop in 10 minutes is crazy, especially considering the market we’re at now compared to the past. Yes I know it was liquidation cascade and stop loss hunting to clear out the high order book bids. Overall it was necessary, we had far too much leverage and optimism for way too long. Definitely a positive going forward.

That being said I’m loving seeing the sentiment swing from hype to extremely negative. Not on here of course since most of us actually know what we own and have done our own research. I’ve been seeing a ton of, “We’re now in a bear market for the next 3 years”, “I’m selling it all before it’s too late”. The more and more people start to say things like this the more I’ll begin doubling down. Once a large majority is bearish that’s when I want to be balls deep. Remember the past 3-4 months when everyone was guaranteeing that we were going to be at 100k by the end of the year no questions. It never plays out how you think it will. Also we knew for months that the leverage was never flushed out. It was bound to happen. I could still feel myself feeding off the hopium and I know it. When this happens just show some caution. Try to be neutral in the short term. Just keep your head on your shoulders and think rationally. Continue to buy the dip and if you believe in Bitcoin average in with more on these amazing discounts.

Fight the urge to follow the herd.

Be aware of outside factors that can influence Bitcoin

Whatever the crowd is shouting, you should probably do the opposite or at least consider that they have no idea

submitted by /u/New_Box_6794
[link] [comments]

Friendly reminder that crashes of this size were perfectly normal during the previous bullrun

Friendly reminder that crashes of this size were perfectly normal during the previous bullrun submitted by /u/SomeAncap2020
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NFL must have bought the dip

NFL must have bought the dip submitted by /u/ShawnLeary
[link] [comments]


Warning for those here who use Monero multisignature wallets

submitted by /u/Rucknium
[link] [comments]

source https://www.reddit.com/r/btc/comments/r9obks/warning_for_those_here_who_use_monero/

Coinbase Wallet: correct for the "Missing Transactions" being generated in he Cointracking software. Help needed..

How do I import the Litecoin transactions in my Coinbase Wallet into Cointracking to correct for the "Missing Transactions" being generated in he Cointracking software? Thanks, Ray..

submitted by /u/rateck9
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source https://www.reddit.com/r/btc/comments/r9olg4/coinbase_wallet_correct_for_the_missing/

Use Bitcoin Cash Everyday !

Use Bitcoin Cash Everyday ! submitted by /u/rey4486
[link] [comments]


source https://www.reddit.com/r/btc/comments/r9mo8t/use_bitcoin_cash_everyday/

The new version of openbazaar is not scam

Our team has been openbazaar community for more than 3 years , we are not anonymous . After Ob1 gave up, we continued to develop.

We will fix bugs, but we are not liars.

https://www.reddit.com/r/btc/comments/o3edw1/openbazaar_has_been_reopened_it_still_supports_bch/

https://www.reddit.com/r/Bitcoincash/comments/qyrmy3/the_mobile_app_of_openbazaar_will_soon_come_to/

submitted by /u/fcl1892
[link] [comments]

source https://www.reddit.com/r/btc/comments/r9lff3/the_new_version_of_openbazaar_is_not_scam/

US Bitcoin mining pool beats chinese giants to become world’s largest

US Bitcoin mining pool beats chinese giants to become world’s largest submitted by /u/thefoodboylover
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Dip Explanation, a cautionary tale…

Meet Bob. Bob is not smart, but he bought Bitcoin when it was $30k and feels really smart now. He has enough paper profit to buy a Corolla, but he is holding out for that Lambo at Xmas that PlanB promised him.

Meet Jim. Jim dismissed Bitcoin as a Ponzi scheme when it was $30k and didn’t buy. Jim regrets it every day and has massive fomo, but being smart Jim finds he can borrow Bitcoin for 0.01% per day from the Bobs of the world so he borrows a ton. He then sells the coins into an illiquid order book at midnight on a Friday EST. The price action takes out a cascade of stop loss orders sending the price down 20%.

Faced with losing his Corolla, Bob sells his coins. Jim buys the coins at the 20% discount, returns the borrowed coins and fills his own bags.

Jim repeats this every few weeks until there are no Bobs left with Bitcoin.

Eventually, Bitcoin reaches Bob’s Lambo price and Bob fomo buys some coins from the profit taking Jim. Bob never gets his Lambo, Jim does.

Don’t be Bob.

submitted by /u/Crazy150
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Theymos is asking for money

Theymos is asking for money submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/r9lzn0/theymos_is_asking_for_money/

What is Pulsechain!? Next 1000x Crypo Alt Coin?

What is Pulsechain!? Next 1000x Crypo Alt Coin? submitted by /u/MireilleCockrell
[link] [comments]


source https://www.reddit.com/r/btc/comments/r9mi98/what_is_pulsechain_next_1000x_crypo_alt_coin/

Memo.cash

Memo.cash submitted by /u/Causes-cash-baby636
[link] [comments]


source https://www.reddit.com/r/btc/comments/r9m7fh/memocash/

Sponsors.cash

Sponsors.cash submitted by /u/Causes-cash-baby636
[link] [comments]


source https://www.reddit.com/r/btc/comments/r9m6aa/sponsorscash/