Monday, 13 April 2020

PSA - Reminder: You do not "have" coins on any exchange. Coins on exchanges are not really "yours". Let me give you a good example:

Coins held by you on exchanges are not really coins, but "I-Owe-You" notes.

For example: If I say I give you a Lambo tomorrow, is it the same good as a Lambo standing in your garage right now?

Obviously not, this is only promise of a Lambo (I-Owe-You-A-Lambo), the same as coins you hold on exchanges, which are promises of coins, which will probably be fulfilled [unless something unexpected happens, like hard crash, bankruptcy, hacking or simple thievery by the owners of the exchange].

The reason why Bitcoin(Cash) was created - to free you from the need to hire people(banks) to hold your coins for you, like exchanges do now. Exchanges are the new banks.

submitted by /u/ShadowOfHarbringer
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source https://www.reddit.com/r/btc/comments/g0fcpj/psa_reminder_you_do_not_have_coins_on_any/

Honey Badger Diaries: Episode 21: Adam Back, Silema (Malta)

Honey Badger Diaries: Episode 21: Adam Back, Silema (Malta) submitted by /u/BashCo
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Share LC poster to divide 3,500,000 LC!!

Share LC poster to divide 3,500,000 LC!!

For the celebration of $LC launch, CoinEx will hold the following events: Deposit & Trade to Share 26,000,000 $LC

Share LC poster to divide 3,500,000 LC!! Follow four easy steps on the bottom of the poster !

Details: https://announcement.coinex.com/hc/en-us/articles/360042210191-LC-Online-Deposit-Trade-to-Share-26-000-000-LC

https://preview.redd.it/6hdxib0qojs41.jpg?width=1240&format=pjpg&auto=webp&s=7e4a73b300fc087fbf2840db01f496c26d8700de

submitted by /u/CoinExcom
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source https://www.reddit.com/r/btc/comments/g0euwl/share_lc_poster_to_divide_3500000_lc/

The “Bitcoin could be worth $1,000,000 USD 10 years from now” headlines are such junk

I’ve been seeing this thrown around way too much especially lately in news articles. It’s such a ploy by investors to get casuals and the general public to buy. Why is the final determined number 1,000,000? Because every bozo wants to be a millionaire and that catches people’s eyes. There’s literally no rhyme or reason behind coming up with that number. No one has any earthly idea what Bitcoin will be worth in 10 years.

submitted by /u/lizeskiman97
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Hopefully I become rich one day

Hopefully I become rich one day submitted by /u/IWillHODLForLife
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