Possible bitcoin flash crash new years *Thought experiment*

I mean everyone is hammered and distracted probably not thinking about a flash crash of bitcoin. Could be the perfect time for the world economic forum to strike. Hack exchanges or hack the algorithm that controls price of bitcoin and send it to 0. Set those buy orders for 0.05 cents cause santa is coming for round 2. Imagine while the world is drunk, they crash bitcoin systematically through a massive short attack/ hack/ coordinated selling by institutions to drop bitcoin to nothing.

It could work if the exchanges of the world banned together to cause this event.

It was just a thought. Just wanted to share it.

I mean the story could spin it as millions loose bitcoin in massive exchange coordinated hack. Bitcoin algorithm hacked and bitcoin sent to 0.01 cents briefly during the new years party. Bitcoin not trusted is this the end of crypto? I mean the bitcoin github repository is there open for all to see. It could be possible someone is sitting on an exploit waiting for the world to be distracted. If this happens it wasnt me.

But maybe just sent buy orders for bitcoin at 0.10 cents usd Please. Just trying to help yall before they do what they do.

Also this isnt just bitcoin but all crypto.

submitted by /u/steveo199
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source https://www.reddit.com/r/btc/comments/zzeqrf/possible_bitcoin_flash_crash_new_years_thought/

“we accept payments with cryptocurrencies” seen in Tenerife, Spain.

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

SBF's Massive FTX Fraud shows what "Regulation" of Finance really means

The story of Scam Bankrun-Fraud and how he managed to steal $16 billion in plain sight, right under the noses of the highest levels of the US government, has exposed the complete capture of so-called regulatory agencies in the USA. In recent news, we've heard that SBF met with White House officials only 2 months before FTX imploded, and "politics were not discussed". SBF donated $100M+ to Democrats and $20M to Republicans. SBF also met with Fed officials, Tony Blair, Bill Clinton, Maxine Waters, and hundreds of other billionaire elites. SBF hired former US government regulators to monitor FTX finances and pipeline approvals at the SEC and CFTC. Sam even met with Gary Gensler, the head of the SEC, which is the financial body tasked with regulating crypto markets (it didn't matter at all that SBF's dad had taught Gensler at Harvard). SBF was the MOST vocal advocate of crypto regulation on the Internet, in fact only a few weeks before FTX went kablooie he proposed what was basically a total government takeover of all crypto markets.

Now we know that FTX was a complete fraud from day one, yet somehow we're to believe that not one government regulator, lawmaker, judge, president, financial executive, or lay person with a shred of common sense knew this. The MOST REGULATED crypto exchange in the world was the MOST CORRUPT. This is because "regulators" don't actually do anything other than occasionally prosecute someone who didn't pay off the government. Do you notice how Citadel illegally front-runs stock trades, JP Morgan illegally rigs precious metals prices, HSBC launders billions for drug cartels, and Goldman Sachs is generally a vampire squid on the entire world's economy, yet these blatant crimes are never prosecuted? FTX is the latest in a long line of pay-to-play financial scams, which had the explicit backing of the US government. "Regulation" of crypto markets will only corrupt them further.

As Upton Sinclair said, “It is difficult to get a man to understand something, when his salary depends on his not understanding it.”

​

Sources: https://www.latimes.com/politics/story/2022-08-12/sam-bankman-fried-ftx-political-donations

https://www.latimes.com/politics/story/2022-12-26/sam-bankman-fried-cftc-sec-revolving-door

https://droptown.io/latest-news/regulation/sbf-met-with-bidens-senior-advisers-2-months-before-ftxs-collapse-report/

submitted by /u/wtfCraigwtf
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source https://www.reddit.com/r/btc/comments/zzc0ve/sbfs_massive_ftx_fraud_shows_what_regulation_of/

bitcoin recovery question

I have a question about seed phrases as a recovery method for lost wallets. I don't have a programming background, but if every wallet has a seed phrase not tied to a wallet. then is it not stored somewhere in publicly available code?

If the seed phrase correlates to an encrypted key then how does a verification software know the correct answer? Some Google research didn't bring up any good answers.

submitted by /u/atd592
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KuCoin wallet transfer to btc

How do you transfer KuCoin bep20 btc to a btc wallet absolute noob at this will legit pay for help submitted by /u/DiscombobulatedMud87 [link] [comments]

source https://www.reddit.com/r/btc/comments/zzacs8/kucoin_wallet_transfer_to_btc/

How do you probably secure your Bitcoin from a physical standpoint?

How do you protect your hardware wallet and/or seed phrase from people who may try to physically come and take them? I understand that banks are bad, but how do you responsibly self-custody while keeping yourself safe from wrench attacks and such?

I guess my issue is the “what-if” of the endgame. Imagine every household has a hardware wallet of some kind. In this perfect utopia, you know that everyone self-custodies. What is to stop criminals from targeting affluent individuals to steal their Bitcoin while they’re on vacation or perhaps at the store?

Once again, I respect that banks are usually bad, but I am curious how you maintain your physical and financial safety in a world that assumes you likely have a seed phrase within your home?

Edit: Want to know how I know people have a fear of being physically targeted? Because people still won’t stop talking about Ledger’s address leak and how they might get “wrench attacked” now.

Edit 2: I want to state that I am a strong believer in Bitcoin and I am not trying to create FUD or anything along those lines. I’m just trying to ensure the long-term safety of my family.

submitted by /u/tnel77
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DERO MONERO The Maxis of privacy?

I don’t mean to sound negative with this connotation but recently I’ve found people and communities saying that any other coin that are not DERO or XMR are shitcoins because of different reasons.
I know privacy is very important and I do support private ledgers and complicated encryption but I think that it defeats the purpose that the original satoshi was offering. The idea is for the ledger to be transparent so it can be audited so there is no trickery like in the tradicional financial system.
I think that we shouldn’t be so afraid of the government, so that we can demonstrate that this system would actually work and brings accountability and sound money to the world.

Also from a adoption point of view, I don’t think these privacy coins have the flexibility other coins have to offer, I’ve heard of DERO being super fast but I think that in reality people are going to adopt something more simple and fast, convenient and auditable.

Privacy coins have its uses but I don’t think it’s it’s going to take over the market. I also don’t think that every coin out there but those are shitcoins. It’s a free market and I believe that is what we want right ?

submitted by /u/NathionII
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source https://www.reddit.com/r/btc/comments/zylve2/dero_monero_the_maxis_of_privacy/

Fiji’s new PM sparks hopes of Bitcoin to be a legal tender in the nation

submitted by /u/rollingincrypto
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BITCOIN CASH, a technology far beyond for JUST digital Cash

submitted by /u/alberdioni8406_ [link] [comments]

source https://www.reddit.com/r/btc/comments/zyh3sb/bitcoin_cash_a_technology_far_beyond_for_just/

Hal Finney’s Widow Fran Finny Launches Bitcoin Charity for ALS Research to Honor Late Husband

submitted by /u/wmredditor
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Western Union in Central America to accept Bitcoin.

AirPak the company who has exclusive rights to operate Western Union in the region is working with a Bitcoin only company called Osmo to offer their customers to cashout with Bitcoin! https://www.osmowallet.com/

Bit of old news but I didn't know about this until today so thought maybe some others also missed it aswell.

5 Western Unions in the region you can already cash out with Bitcoin!

Plans to expand this to 8000 locations!

If this isn't bullish then I don't know what is.

https://www.nasdaq.com/articles/ibex-mercado-osmo-wallet-partner-to-further-bitcoin-adoption-in-guatemala

submitted by /u/Stromen
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⚡ Lightning Thursday! December 29, 2022: 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:

• Here is an awesome list of resources compiled by Jameson Lopp: https://www.lopp.net/lightning-information.html

• Want to test out your lightning fire power? tip the Bitcoin devs! https://bitcoindevlist.com/

• Previous threads: Search

• Lnbook getting closer towards being finished and can already be seen at: https://github.com/lnbook/lnbook

• Lightning Dedicated YouTube Channel: https://youtube.com/renepickhardt

• Also there is the playlist by chaincode labs: https://youtube.com/playlist?list=PLpLH33TRghT17_U3as2P3vHfAGL8pSOOY

• Lightning stores: https://www.lightningnetworkstores.com/

• Learn more and talk about lightning right here in r/Bitcoin, r/bitcoinbeginners, r/thelightningnetwork, and the r/Bitcoin chat

submitted by /u/rBitcoinMod
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Bitcoin at $100 in 2013 - It's about perspective

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

MicroStrategy Sold 704 Bitcoin… Then Bought 810 Bitcoin Two Days Later

submitted by /u/undertheradar48 [link] [comments]

Flipstarter Hall Of Fame/Statics - 1 day and around 6% left

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

source https://www.reddit.com/r/btc/comments/zxjfeh/flipstarter_hall_of_famestatics_1_day_and_around/

Daily Discussion, December 28, 2022

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 you!

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Join us in the r/Bitcoin Chatroom!

Please check the previous discussion thread for unanswered questions.

submitted by /u/rBitcoinMod
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Frida Kahlo's Artistic and Personal Connection with Xoloitzcuintles | Xolos Ramirez

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

source https://www.reddit.com/r/btc/comments/zxj3jv/frida_kahlos_artistic_and_personal_connection/

Bitcoin Will Stay as the Best Digital Store; Predicts Dan Held

submitted by /u/Glass_Pace_2200 [link] [comments]

source https://www.reddit.com/r/btc/comments/zxgxh8/bitcoin_will_stay_as_the_best_digital_store/

peter schiff btc is inevitable

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

Marcelo Fleischer at Bitcoin Cash 2022 - The Electronic Cash Conference held in St Kitts & Nevis

submitted by /u/Ian_Blas27 [link] [comments]

source https://www.reddit.com/r/btc/comments/zwpiv4/marcelo_fleischer_at_bitcoin_cash_2022_the/

the peaceful revolution

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

Orange pill 💊

submitted by /u/hack355 [link] [comments]

Crypto should be fully legal in pakistan, it has the potential to save the economic condition of Pakistan. I appreciate the work of Waqar zaka and requesting the Govt of Pakistan to give us our rights to be financially independent! We have no more trust in our executives!

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

Can i transfer btc from bech32 address to segwit address?

BC1 starting address to 37 starting address?

submitted by /u/Garbouil
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source https://www.reddit.com/r/btc/comments/zwlrzq/can_i_transfer_btc_from_bech32_address_to_segwit/

Work n progress btc

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

Customers VS Gemini Earn!

How are client of "Gemini Earn" I trusted Gemini and Winklevoss brothers. But I couldn't imagine that they would shield Gemini earn* from Gemini. Even SBF tried to save the company on their own. I am in shock and cannot believe that I have lost access to my deposit. Gemini does not offer solutions on their side, they put all for Genesis*. In NewsBTC, I read an article that says the TG community (@trstvw) members is ready to go to court and regulator to get clients' savings back.I think the brothers should change their policy regards to customers.

submitted by /u/Doris_Bacova
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source https://www.reddit.com/r/btc/comments/zw0g81/customers_vs_gemini_earn/

Bitcoin Halving!

submitted by /u/AdNational7013 [link] [comments]

#Nostr means "Notes and Other Stuff Transmitted by Relays"

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

Node success. Took about 30 hours. Christmas eve present to myself was a small test transaction I sent .001 the new wallet. Verified!

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

BCH Argentina at LiberFest - December 23rd, 2022

submitted by /u/Ian_Blas27 [link] [comments]

source https://www.reddit.com/r/btc/comments/zvv5rv/bch_argentina_at_liberfest_december_23rd_2022/

It’s Christmas Day and today marks the first day of DCA into Bitcoin!

Going straight into investing and looking to put a small amount into Bitcoin every month. The goal isn’t to get rich (that’s just a bonus) but most importantly, the ability to be financially free. It’s going to be a long slogging process but guess what, it has be done. Win or Lose, doesn’t matter. No regrets.

Steps taken within the last few hours:

• Cold wallet set up with recovery phase (Brought from Trezor Official Website)
• Initial purchase of 0.0021 BTC and transferred to cold wallet
• Coin - Price you paid per coin - Quantity - Date : All written down

I hope to continue to update on the value of the stack and my recurring DCA. Not here to brag/ I mean what is there to brag with $32 worth of bitcoin, but to inspire the next generation to take control of your money. I’m late to the party but at least I’m here and for me that’s good enough.

Merry F**kin Christmas!!

submitted by /u/RuthlessWolf
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Orange pilling the family at Xmas

During this Christmas I’m orange pilling my family by adding this to the dessert course (chocolate). Hope they appreciate it, because I made them myself with a mold. How are you orange pilling your family? Please let me know in the comments, maybe I can pick up some tips. Enjoy the holidays!! submitted by /u/DannyHodler [link] [comments]

Easy Bitcoin DCA: Relai vs. 21bitcoin

submitted by /u/mypinis123
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source https://www.reddit.com/r/btc/comments/zv88v6/easy_bitcoin_dca_relai_vs_21bitcoin/

Is it just me or does this Video feel like Bitcoin is talking to someone who bought at the Top

submitted by /u/Funny_Specialist_173 [link] [comments]

Inside an Armed Bank Raid in Lebanon

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

Interesting serial number

submitted by /u/EarlyBird_1597 [link] [comments]

source https://www.reddit.com/r/btc/comments/zv3ryd/interesting_serial_number/

This Metrics Show Interest In Bitcoin Ballooned In 2022 Despite Crypto Winter

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

Merry Christmas 🎄

submitted by /u/Dramatic_Tour_9461 [link] [comments]

Someone has to do it. #BTC

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

The light at the end of the bearmarket is visible!

You want to know the indicator? It’s simple: memes.

We haven’t had many funny memes like we used to in the past for quite a while. The vegeta over 9000 meme is a classic for example but we cannot have those anymore understandably.

Our meme game as a community needs to evolve and this evolution is happening before our very eyes. The Dave Chappell intip crackhead meme? Love it! Cracked me up! And just now I saw the other one: printer is coming! (because 1.7 trillion are going to be printed)

Remember that when the darkest point is reached that the stars are glowing the brightest and dawn is near!

Keep your heads up orange pilled warriors!

WAGMI !!!

submitted by /u/schmaleks
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Tor Nodes Crowdfund

While you're supporting your favorite charities this season, I hope you'll remember one who is vital in supporting the Bitcoin network -- Tor.

I've held back from donating to Tor directly because they don't accept Bitcoin, they only take the usual fiat cards. But there is a crowdfund at https://savetor.network/ where you can donate to specific Tor routers, or to a general fund. I just did, and I feel kinda good about it!

Oh, please, no sats. Give them to the crowdfund instead.

submitted by /u/clue5tick
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