The third largest whale has been very active. This is the Bitcoin Rich List that shows the wallet and the transactions. This wallet has been adding an average of around 400 BTC almost every day. If you sell now - this is probably who is buying it.
I know I am an idiot but I put nearly $20k into this stupid stable coin idea.
Anyone know what happened? Any way to get any of my money back from these people?
Thanks.
A HOUSE! I just closed on a house and finally achieved the dream of owning a home while also living in one of the highest cost of living metro areas in the US. How did I do it? Buy HODLing Bitcoin for about 3 years, DCA'ing as much as I could after every paycheck, and then finally deciding to sell in February when I started my home buying search. It would've been nice to sell at the top of the bull run, but because I bought most of my bitcoin during the March 2020 flash crash, I still made out with a very healthy profit. Healthy enough that I was able to buy a house I normally wouldn't be able to afford in the area I live. Now comes the fun part of going from a 1 bedroom apartment to furnishing a 3000 sq ft townhouse.
I know the market has been hitting everyone hard recently, but I thought I'd post some good news on here. While everyone is down, I remember people on this very subreddit mocking me for buying Bitcoin at $4K in Nov-Dec 2018 because it went down a little more. Doesn't seem like a bad idea now, does it? I'm completely out of Bitcoin right now, but I plan on getting back in some time in the future. So don't lose hope fellow HODLers, hold on until the next bull run and you too can have a nice little windfall.
So i read a pretty compelling article the other day making the case for Nick Szabo being Satoshi. A few of the arguments were, 1) He was a close friend to Hal Finney with a cryptographic background, 2) inventor of Bit Gold right before Bitcoin existed, 3) Was not cited in the Bitcoin whitepaper (obfuscation perhaps?), 4) An IP address leak by Satoshi pointed near Nick Szabo, and theres a dozen other listed reasons.
Now my question is, since Nick Szabo is a L2-loving small blocker, what would be the reaction of the people on this sub if he were Satoshi Nakamoto? Would that shake your conviction in BCH at all, would any narratives change?
I dont think Szabo is by any stretch a bad person, he is also not a bitcoin maximalist (sympathetic to altcoins, like Satoshi). But his views on blocksize seem to be the opposite of on this sub.
So do you think its in the realm of reasonable strong possibility he is Satoshi, and if he was would that change your mind about anything?
And we're just getting started! Here's to the next million!
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I guess the Bolivar bridge has worked well. Which makes me think that, over the course of this year, all the advances, all the steps forward that have been presented in smartbch have had a common denominator. Kasumi. I don't know where he/she came from, but it seems to me that he is one of the few in smartbch that is bringing to the sidechain what it needs and looking to exploit its full potential. [link] [comments] |
I made a comment on a post in r/personalfinancecanada and the post was about someone asking if they should be saving in Canadian dollars with such high inflation.
All I said was how due to currency debasement and the problems with FIAT currency, one should not save in FIAT and only have 3-6 months of expenses in FIAT and invest the rest. I said how I think we have entered an inflationary period and it's going to get worse.
I never mentioned Bitcoin or suggested it and the amount of downvotes and backlash was very interesting. One guy checked my account and said "ah the average wisdom of a r/Bitcoin member" or something like that.
It was just very interesting to see people's defense toward FIAT and the amount of hatred towards Bitcoin. I guess they just have so much trust in the system that when someone says otherwise they get defensive.
We are so early
Very interesting. How can this be done securely?
Ask (and answer!) away! Here are the general rules:
And don't forget to check out /r/BitcoinBeginners
You can sort by new to see the latest questions that may not be answered yet.
The title says it. Is the reason behind this decentralization or do other considerations play?
Bonus question: Would you rather own a digital commodity or a digital security?
In preparation for a sharp market decline, cryptocurrency exchange Banxa (BNXA) has slashed over 70 workers, according to a Monday article in the Australian Financial Review. According to AFR, the change represents 30% of the workers of the Melbourne-based business. When the cryptocurrency market reached all-time highs last year, the company's personnel count soared to over 230.
According to AFR, the CEO of BANXA, Holger Arians, said in a letter to employees, “Banxa must take decisive actions to reduce costs now, or else our company won’t be able to succeed over the long run."
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Did CoinFlex need to put themselves in the position of being the bridge between BCH and SmartBCH? How much did they actually gain financially by doing this? I assume not a lot. They could have let SmartBCH flop but they stuck their head out in support of BCH.
How this sub is treating CoinFlex feels like how the maxi's treated Coinbase after Coinbase supported BTC for so long.
Don't get me wrong it's terrible they halted withdrawals, but ya'll are so short sighted.
I am learning about segwit and something is still not clicking for me. When a segwit output is created it looks like an anyone-can-spend transaction to legacy nodes/miners. What is keeping a legacy miner from creating a block that spends this which gets validated by legacy nodes but rejected by segwit nodes, causing a hardfork?
Hi lads, First let me tell my story and then ask an important question. First time I had entered into crypto I put 500eur in far September 2017.... I had hold it during the winter crash of that year until mid-ends 2021, got a bit more than 3k that time as I got luck of putting it out just when it started dropping. Just to mention that the only investments that worked were btc and ethereum. Then I made some other investments for really long periods in altcoins (-60%now) and I am not worried about these as the investment was pretty small. Basically 20-50eur in each alt coin.
Here is the question, this year market seems like someone tries go pull down the price before huge economic crisis, here is my question: am I the only one that that this feeling? I am thinking to put some real money for poor European country (5-10k) in “safe” coins, do you think now is a good idea?
Bitcoin Short ETF BITI goes up when Bitcoin goes down. So if I short Bitcoin Short ETF BITI, then I have the BTF ETF I always wanted?
Title pretty much says it all. Can I look at something like a google maps and see locations that accept Bitcoin? Even better, does it list whether the company or local store owner holds the Bitcoin they receive?
I would love to start supporting Bitcoin merchants and a tool to specifically expose where they are could be a great catalyst to drive business their way.
If yes, then why?
If no, then why?
Edit: thanks for downvoting a question. Makes a lot of sense! Clearly, nerves have been frayed lately.
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