Sunday, 18 December 2022

Crypto exchange Bitvavo says 280 million euros 'locked' at DCG

Crypto exchange Bitvavo says 280 million euros 'locked' at DCG submitted by /u/Bitcoin_Maximalist
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My short Bitcoin story

The first time I bought some sats was at the peak of the bull run in 2017, because everybody was talking about it. Didn't know anything about Bitcoin and so I also bought a few shitcoins. 6 months later I sold all of my coins with a loss and thought Bitcoin is dead.

Then the next hype started at the end of 2020 and I needed to learn more about Bitcoin. I read "The Bitcoin Standard", watched YouTube videos, listened to podcasts and came to r/bitcoin. All I wanted to do is to learn more about Bitcoin and it fully changed my life (in a good way). So I started to buy Bitcoin every month in February 2021 at about 50k all the way down to 17k today. My average is now at 25k. I'm not sweating anymore when I'm looking at the price, instead I buy more everytime the price drops. The more I know about BTC, the less I care for the chart. I've learned my lession. Bitcoin is here to stay and 1 BTC will always be 1 BTC.

So if you're also started buying at the top, just keep on DCA and hodl in cold storage. And DYOR.

submitted by /u/SeasonsInTheAbyss6
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ELI5: What is MicroStrategy and who is Michael Saylor

ELI5: What is MicroStrategy and who is Michael Saylor submitted by /u/jjaym2
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source https://www.reddit.com/r/btc/comments/zoi6jv/eli5_what_is_microstrategy_and_who_is_michael/

What is Bitcoin for you?

Based on my research from books ,podcasts, videos, articles etc.

Bitcoin is:

  1. A peer to peer way of transferring money without need of a 3rd party
  2. A method of saving that can't be confiscated by the government
  3. A long term (10 years plus) hedge against inflation
  4. Hard money that can't be counterfeit
  5. A pension fund for your retirement when you turn 60-70 yrs old.
  6. A safe way to store value in the long term as long as you keep your seed phrase/pass phrase safe
  7. A way to help improve the lives of people in countries where the government has hyperinflated their native currency (ex. Venezuela, Turkey, Lebanon etc.)
  8. A path to long term generational wealth

How about you? What is Bitcoin for you?

submitted by /u/TheGreatest34567
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Help setting lightning wallet

I know there's posts and comments explaining this but I genuinely don't understand.

At the moment I've set up muun wallet and done my recovery phase. What do I do on Reddit now to connect or sync my Reddit account to my wallet?

Once again I know it's been explained before step by step but Im genuinely so confused on what to do on Reddit to sync the accounts.

Thank you for the help!

submitted by /u/crayontastegood
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Maybe a good start to onboard some businesses with actual P2P cash, not Lightning

Maybe a good start to onboard some businesses with actual P2P cash, not Lightning submitted by /u/Alex-Crypto
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source https://www.reddit.com/r/btc/comments/zofi22/maybe_a_good_start_to_onboard_some_businesses/