Crypto 360°

Friday, 1 July 2022

This is what you can buy when you HODL Bitcoin

A HOUSE! I just closed on a house and finally achieved the dream of owning a home while also living in one of the highest cost of living metro areas in the US. How did I do it? Buy HODLing Bitcoin for about 3 years, DCA'ing as much as I could after every paycheck, and then finally deciding to sell in February when I started my home buying search. It would've been nice to sell at the top of the bull run, but because I bought most of my bitcoin during the March 2020 flash crash, I still made out with a very healthy profit. Healthy enough that I was able to buy a house I normally wouldn't be able to afford in the area I live. Now comes the fun part of going from a 1 bedroom apartment to furnishing a 3000 sq ft townhouse.

I know the market has been hitting everyone hard recently, but I thought I'd post some good news on here. While everyone is down, I remember people on this very subreddit mocking me for buying Bitcoin at $4K in Nov-Dec 2018 because it went down a little more. Doesn't seem like a bad idea now, does it? I'm completely out of Bitcoin right now, but I plan on getting back in some time in the future. So don't lose hope fellow HODLers, hold on until the next bull run and you too can have a nice little windfall.

submitted by /u/TheInfinityOfThought
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Jedex: non-custodial, censorship-resistant CashToken DEX architecture for Bitcoin Cash

submitted by /u/bitjson
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source https://www.reddit.com/r/btc/comments/voggrr/jedex_noncustodial_censorshipresistant_cashtoken/

Bank of International Settlements proposes letting banks hold 1% of reserves in bitcoin

submitted by /u/CoinCorner_Sam
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CoinFlex update: Thank you for your patience

submitted by /u/Collaborationeur
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source https://www.reddit.com/r/btc/comments/vog72d/coinflex_update_thank_you_for_your_patience/

What would you do if it turned out that the identity of Satoshi Nakamoto was Nick Szabo?

So i read a pretty compelling article the other day making the case for Nick Szabo being Satoshi. A few of the arguments were, 1) He was a close friend to Hal Finney with a cryptographic background, 2) inventor of Bit Gold right before Bitcoin existed, 3) Was not cited in the Bitcoin whitepaper (obfuscation perhaps?), 4) An IP address leak by Satoshi pointed near Nick Szabo, and theres a dozen other listed reasons.

Now my question is, since Nick Szabo is a L2-loving small blocker, what would be the reaction of the people on this sub if he were Satoshi Nakamoto? Would that shake your conviction in BCH at all, would any narratives change?

I dont think Szabo is by any stretch a bad person, he is also not a bitcoin maximalist (sympathetic to altcoins, like Satoshi). But his views on blocksize seem to be the opposite of on this sub.

So do you think its in the realm of reasonable strong possibility he is Satoshi, and if he was would that change your mind about anything?

submitted by /u/AngelLeatherist
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source https://www.reddit.com/r/btc/comments/vog6jf/what_would_you_do_if_it_turned_out_that_the/