Saturday, 7 November 2020

Overtaking other financial subreddits

"bitcoin" is at 1.7m users 🎉🥳 I remember not to long ago we reached the big 1 million. If you look at the other biggest financial subreddits, we have "investing" at 1.2m, and "wallstreetbets" (wsb) at 1.6m and other smaller communities.

For some reason, if you post or comment anything Bitcoin related, even if relevant to the questions like discussions about monetary policy, digital dollars, gold standard etc. You mention Bitcoin, and you instantly get downvoted as if it taboo to them and an outright scam.

Then you have WSB who are autistically betting high leverage and making massive gains and massive losses on options/puts bets and get praised for it. (We're way more disciplined then that).

Question is, when will Bitcoin ever become relevant to other investment and stock subreddits? How much more popular does Bitcoin have to be until it's universally accepted (or at least tolerated) in those subreddits? Maybe when r/bitcoin reaches 5m? 10m? users.

Maybe for those of us who are in these other financial subreddits, we should upvote our fell comrades whenever we see them (relevantly) make good comments about Bitcoin, so they don't just disappear at the bottom somewhere, but then they can start to think about it, and maybe see this community is actually bigger then them and might actually be something..

What do you guys think about all this?

submitted by /u/brando2131
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Comparing 2020 halving price movement with 2016

I made a webpage with a couple of live interactive charts to compare the 2020 post-halving price with 2016 halving.

It's interesting that this cycle has so far been tracking the 2016 cycle pretty closely. But if it keeps tracking it then we might see a sharp drop in price soon. After which there would be a gradual recovery and then an all-time high of $260,000 by mid-2021!

Check out the charts, and let me know what you think!

https://hookspoint.com/pages/2016-vs-2020-bitcoin-price-movement/

Better viewed on desktop or in landscape mode. Also, might not work if you're running an AdBlocker (but there are no ads on the page)

submitted by /u/msafi
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PSA: 4 sat/b transactions now clearing...

We'll probably see 3 sat/b fairly soon too, as it's the weekend.

Yay! Your long wait may be over...

https://jochen-hoenicke.de/queue/#1,2h

submitted by /u/jcoinner
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Just trust us, mmkay...

Just trust us, mmkay... submitted by /u/megability
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source https://www.reddit.com/r/btc/comments/jpl3e8/just_trust_us_mmkay/

What happened to the $50 million short?

Was supposed to have been liquidated at $15,350...

https://twitter.com/CryptoGodJohn/status/1324335612829327360?s=19

submitted by /u/davotoula
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KYC verification is identity theft and immoral

You should be able to purchase millions in btc using fiat without even providing your first name or email, that is how bitcoin was supposed to be.

submitted by /u/AnonCarding420
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My last days have been like this...

My last days have been like this... submitted by /u/safalosky
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source https://www.reddit.com/r/btc/comments/jpk9xo/my_last_days_have_been_like_this/