Due to popular demand, please enjoy my latest “Store-of-Value Update: BTC project successfully storing value at $39,600 … Enjoy!

submitted by /u/Egon_1 [link] [comments]

source https://www.reddit.com/r/btc/comments/psshvu/due_to_popular_demand_please_enjoy_my_latest/

Hyperbitcoinization. Who remembers this article?

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

source https://www.reddit.com/r/btc/comments/psrtyf/hyperbitcoinization_who_remembers_this_article/

Why most people will never make big gains , even if they want to (a short essay to inspire you)

So many of my friends, family & work colleagues proclaim in despair....

" if only i had bought Amazon back in the day or Facebook...i'd be set for life!".

"buy BTC then" i say.

They laugh.

​

Heres the thing....

​

Most people desire a decent level of wealth.

Its not about lambos, its about having a decent level of freedom & security.

It's about being able to look after your loved ones when times are hard.

It's about having the freedom to do what you want , when you want.

​

But heres the catch.

Most people don't have the bottle for it.

They will sell when they get a +25%, +50% or x2 gain on anything.

And they will definitely sell it when it goes down by more then -25% .

Thats true for Amazon ten years ago & BTC today.

​

You see these people look at the Amazon or Facebook stock chart & they don't zoom in.

They ignore the extreme volatility of the day to day, week to week.

They forget the FUD, the naysers.

They forgot the mainstream media laughing at Bezos & regarding Amazon as a sham.

Even if they got in early they wouldn't have the nerve to hold & ride it for the long term.

​

I was once one of these people too.

I bought BTC in 2017 and sold in 2018.

But heres the thing. You learn.

Experience teaches you and it hardens you.

​

So as China begins to collapse and global markets wobble, ask yourself the question.

Where do you want to be in ten years?

Do you want to be like everyone else, wishing they had got in early.

Or do you want to be the 1% that understand the nature of volatility and ride it all the way.

So stay calm.

Re-read the whitepaper.

AND HODL.

submitted by /u/Suit_Artistic
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I comforted my wife in this way: Bitcoin just fell by 10% (47k to 43k) because of something that people thought might be the global financial crisis. Nothing terrible.

submitted by /u/Professional-Code858
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The Harvest Moon Crash

submitted by /u/TheL0ngGame [link] [comments]

How you can support the Bitcoin network even more!

Supporting the Bitcoin network can be as simple as using it, but you might find yourself wanting to help out more like i did recently, so here are some resources for you to further support the bitcoin network!

Using Bitcoin

Using Bitcoin is the first thing you can do to support Bitcoin. There are probably many cases where it can make your life easier. You can accept payments and make purchases with Bitcoin.

Be the Network

If you have a good Internet connection, you can strengthen the Bitcoin network by keeping full node software running on your computer or server with port 8333 open. Full nodes are securing and relaying all transactions.

Mining

You can start mining bitcoins to help processing transactions. In order to protect the network, you should join smaller mining pools and prefer decentralized pools like P2Pool or pools with getblocktemplate (GBT) support.

Translate

You can help spread Bitcoin awareness by translating or improving translations inside important parts of the Bitcoin ecosystem. Just pick a project you would like to help with.

Bitcoin Core - Bitcoin.org - Bitcoin Wiki - Bitcoin Wallet (Android) - Electrum

Development

Bitcoin is free software. If you are a developer, you can use your superpowers to do good and improve Bitcoin. Or you can build amazing new services or software that use Bitcoin.

Donation

The easiest way to help is to donate some bitcoin to BitGive. Or you can help directly fund any project related to Bitcoin that you believe will be helpful in the future.

Organizations

Many non-profit organizations are dedicated to protecting and promoting Bitcoin. You can help these groups by joining them and taking part in their projects, discussions and events.

Speak

Speak about Bitcoin to interested people. Write about it on your blog. Tell your favorite shops you would like to pay with Bitcoin. Help to keep merchant directories up to date. Or be creative and make yourself a nice Bitcoin T-shirt.

Documentation

Bitcoin.org and the Bitcoin wiki provide useful documentation and we are constantly improving the information they contain. You can help to improve these resources and keep them up to date.

Meet the Communities

You can join Bitcoin communities and talk with other Bitcoin enthusiasts. You can learn more about Bitcoin every day, give help to new users and get involved in interesting projects.

submitted by /u/Borislimbas
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Still remember why Bitcoin was created?

"Chancellor on brink of second bailout for Banks"

The message that started Bitcoin.

We all heard about the Evergrande story. The Chinese Lehmann Brothers moment. The thing that will give us a new crisis like in 2008, is being said at least...

Many people fear the markets are going down. They seem to forget that Bitcoin was created as a solution to the 2008 crisis. The instability of the legacy system is a problem to which Bitcoin was the solution. There will be many more of these bankruptcies, many more instabilities. It is inherent to the legacy system. A system built on dept that can never be paid off, is not sustainable. It won't end.

Bitcoin was the solution in 2008. Bitcoin is the solution right now. Now is the time to sell stocks and buy Bitcoin. We don't want a system full of instabilities, we want a hard and sound system. Now is the time to raise your middle finger to the legacy system, and make the true revolution happen. Enough is enough.

submitted by /u/HydraGene
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