Monday, 3 January 2022

0.2 Zettahash: Bitcoin's Hashrate Taps New Lifetime High, Mining Difficulty Nears ATH

0.2 Zettahash: Bitcoin's Hashrate Taps New Lifetime High, Mining Difficulty Nears ATH submitted by /u/Few-Lake40
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source https://www.reddit.com/r/btc/comments/ruibo5/02_zettahash_bitcoins_hashrate_taps_new_lifetime/

Free 200$ on SocialGoods with BYP2CX code

submitted by /u/anonissou1
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source https://www.reddit.com/r/btc/comments/ruibjq/free_200_on_socialgoods_with_byp2cx_code/

Does anyone else think 2021 was a year where institutions were trying to buy as low as possible while OG whales were trying to sell as high as possible.

OG whales want to finally realise some gains as high as possible after holding for 10 long years and institutions want to finally buy in as low as possible. 2021 has essentially been a tug of war where whales were selling into institutional demand driving the price down, then institutions were buying into OG whale supply driving the price up in this epic tug of war range between $30k and $60k.

This prevented a blow off top from occurring while also preventing a 80% crash and bear market from occurring. So instead we just ranged sideways all year long.

A year long distribution for whales which was also simultaneously a year long accumulation for institutions.

Bitcoin now has a sizeable base of large institutional holders for the first time and 2022 can start off with a solid base ready to begin the institutional phase of this cycle.

The environment is set for corporate FOMO to begin.

submitted by /u/slvbtc
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How to invest for retirement in the US today if the dollar collapse in the future?

At age 26 I discovered personal finance and the importance of saving/investing for retirement. I did a large amount of research into the topic (as I always do when something i of great importance and interest to me). I came to the conclusion that I should purchase a few low cost index funds, including the S&P 500, invest regularly, don't try to time the market, don't be an emotional investor etc etc. I thought I knew all I needed to know at this point and could sit back and and let my money do its thing...

But then I read The Bitcoin Standard and The Creature from Jekyll Island and went down the whole 'what is money' and the Federal Reserve scam rabbit holes and my eyes were opened. So, based on the fact that EVERY fiat currency that has ever existed has gone to ZERO....I want to know, what will my ROTH IRA be worth in 30-40 years if the US Dollar collapses before then?

With current levels of inflation, its obviously terrible to hold cash, so what are the most prudent investments to make taking the above statement into account?

I'm asking this question here because I am also a Bitcoiner and hold a large portion of my wealth in it. But I like asset divarication so would like fellow Bitcoiners' opinions on this.

submitted by /u/LoganJones64
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Friendly reminder: Just a couple of hours until proof-of-keys day! Get your funds off the exchanges! Let's verify who really owns the bitcoin. Let's stress-test the exchanges. Do they really hold the reserves they claim? Not your keys, not your coins!

submitted by /u/castorfromtheva
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Vitalik Buterin's first-ever post on r/bitcoin

submitted by /u/gomerghast68
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Do you put all your savings in Bitcoin? Do you diversify with other investments? Why / why not?

At some point “only invest what you can afford to lose” becomes a difficult consideration. I’ve got a good enough income to live month by month, but want to keep investing my monthly excess.

Obviously it’s a scary consideration to invest in Bitcoin only, as the total amount I’ve invested is steadily growing.

What do you people do - and why?

submitted by /u/UExis
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