Monday, 28 June 2021

Despite recent price action, conditions have never been better for Bitcoin. BTFD!

For real. We’ve got obvious inflation in every category you could possibly give a shit about in USD terms. Just had piles of money printed and injected all around the world, with larger more ambitious projects planned to follow. We’ve got nation-state adoption (El Salvador). China is losing hashrate dominance. states like TX becoming Bitcoin friendly (TX is worlds 8th largest economy).

This is the perfect storm. If you are losing faith at this stage, or are not convinced that this is monstrously important given global context, then you are missing something critical.

submitted by /u/ProvBroker
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MIRCEA POPESCU HAS DIED IN COSTA RICA

submitted by /u/CAPTIVE_AMIGA
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IRS increasing prevalence of Bitcoin in their training materials

Hey everyone.

I'm a tax professional and just recently took the second part of the Special Enrollment Examination which is an IRS test to become an Enrolled Agent. During my exam I had two questions specifically about Bitcoin out of the 100 questions on the business tax test. From what I understand, the IRS just changed the SEE this year and are including more on digital assets for the tax pros. To me this was a pleasant surprise during my test and something pretty bullish on the government's side.

submitted by /u/ikeep4gettin
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Bitcoin mining difficulty could see record drop over 20% in next adjustment

Bitcoin mining difficulty could see record drop over 20% in next adjustment submitted by /u/Acrobatic_Swan_4706
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Tokens on BitcoinCash 🚀 Lets Learn about them (Share them )

Tokens on BitcoinCash 🚀 Lets Learn about them (Share them ) submitted by /u/Zunnurayni
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source https://www.reddit.com/r/btc/comments/o91vvr/tokens_on_bitcoincash_lets_learn_about_them_share/

Despite BTC's Price Drop, Bitcoin Held on Exchanges Is 28% Lower Than Last Year

Despite BTC's Price Drop, Bitcoin Held on Exchanges Is 28% Lower Than Last Year submitted by /u/jamieBitcoinDotCom
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source https://www.reddit.com/r/btc/comments/o91cbw/despite_btcs_price_drop_bitcoin_held_on_exchanges/

Still waiting on BCH to transfer?

My co-worker has been interested in investing in crypto but only recently decided to pull the trigger. I’ve kind of helped answer any questions to the best of my abilities so far but I couldn’t help him here.

He decided to purchase BCH, LINK, ETH and LTC. He tried transferring all of his assets to his Nexo wallets to get interest on each but for some reason only LINK, ETH and LTC have been confirmed and hit his account. Is it normal for a BCH transfer to take longer than an hour? Feeling kind of nervous as BCH was my suggestion after hearing that it has more use than BTC for peer to peer payments. Any insight is appreciated!

submitted by /u/Berretay
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source https://www.reddit.com/r/btc/comments/o91ax3/still_waiting_on_bch_to_transfer/