Thursday, 28 January 2021

Bitcoin has literally broken my local FIAT

Bitcoin has literally broken my local FIAT

Some time ago I noticed that Trezor started to show a wrong exchange rate for BTC, I did not give it much importance, since it is an app which is still on beta phase.

Trezor Suite

Today, however, I checked on Google and it seems that the Bitcoin price in my local currency (VEF/VES) is so big that the caused a bug on the some exchange rate providers, as you can see on the graph (which shows a BTC is equal to 0 VES/VEF after the last 14th November, which is of course wrong)

Google

So Bitcoin has officially taken down its first FIAT, I guess.

inb4: I am Venezuelan, obviously.

submitted by /u/Hispanon
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W.S.B. subreddit and even the word "w...s...bets" now banned on Reddit?

Just seeing if this post can even be made. Tried to create another post with W..S.B. in the title and it's auto banned.

The financial revolution just got even more interesting. Those YOLO call profits should make their way into crypto soon.

submitted by /u/btcprint
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source https://www.reddit.com/r/btc/comments/l6i4cp/wsb_subreddit_and_even_the_word_wsbets_now_banned/

Even my 9 yr old understands the value..

He started the day shoveling snow for neighbors driveways at $5 a driveway. After getting a couple done he wanted to invest $5. First, he wanted to start with an ERC-20 token, Civic. Bought it, went to send to his wallet and it literally said it would eat up 80% of his coins in network fees. He asked if there was one with lower fees. We looked at BCH. Converted. Then sent to his wallet with less than a penny of transaction fee’s.

We got us a new bch hodler.

submitted by /u/blues17sr
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source https://www.reddit.com/r/btc/comments/l6hxk5/even_my_9_yr_old_understands_the_value/

r/WallStreetBets went private?

Are the mods of that sub behind this or is this something else?

submitted by /u/Nexidy
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source https://www.reddit.com/r/btc/comments/l6ib4b/rwallstreetbets_went_private/

wallstreetbets shutdown is this an opportunity for BCH?

Does bch have any decentralized platforms that can replace reddit?

This time the cancel culture has no excuse, this really looks bad - it almost looks like institutions are salty for getting liquidated and appealed to regulators to try and shutdown wsb.

submitted by /u/Spartan3123
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source https://www.reddit.com/r/btc/comments/l6itj9/wallstreetbets_shutdown_is_this_an_opportunity/

Fuck the whales and the bears, I'm gonna DCA this thing to death.

There are way too many bullish developments coming soon to let go. To name a few:

  • PayPal is about to open Bitcoin purchases to their millions of users and merchants (settled in fiat)
  • Michael "Mega-Chad" Saylor is hosting a conference to share their playbook with institutional investors early Feb. A wall of institutional money might very well be coming later this year.
  • Janet Yellen clarified her views as to Bitcoin during her confirmation in a positive way. Yeah, regulations are actually a positive for large institutions, who hate regulatory uncertainty over anything else.
  • The new SEC chairman is pro-Bitcoin. The rumored new head of the CFTC is known to be crypto-sophisticated too. If that's not bullish, I don't know what is.
  • The S2F model, which has an historical accuracy of 95% suggests a major bull run is due this year.
  • Central banks around the globe are printing money like there's no tomorrow. In the US another round of stimulus checks in likely coming soon

... and probably more that I'm not aware of.

Fellow Bitcoiners, buckle-up, this year will be a crazy roller coaster ride. Skeptics, if you don't believe it or don't get it, I don't have the time to try to convince you, sorry. To quote Michael Saylor, have fun staying poor.

submitted by /u/patriceac
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This Twitter account documents Bitcoin eating the world, and gained 60,000 followers since December including Jack Dorsey

This Twitter account documents Bitcoin eating the world, and gained 60,000 followers since December including Jack Dorsey submitted by /u/brbnewsagency
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