Saturday, 1 January 2022

Proposal - Efficient reusable Taproot addresses (improvement over stealth addresses / BIP47 payment codes)

Proposal - Efficient reusable Taproot addresses (improvement over stealth addresses / BIP47 payment codes) submitted by /u/neonzzzzz
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The Year 2021 in 10 Key Moments for Bitcoin. 2022 will be an even more exceptional year for you if you are a Bitcoin HODLer.

The Year 2021 in 10 Key Moments for Bitcoin. 2022 will be an even more exceptional year for you if you are a Bitcoin HODLer. submitted by /u/sylsau
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Not to toot my own bugle, but 16 months ago, I had created a thread when Bitcoin was $12000, and enumerated the reasons it was a very bullish asset then. I had also made a rough prediction/estimate of end of 2021 price of $40k, which isn't too far from what the price is today.

Here is that thread. It was pretty well-received. And most of the points in it still hold. The following are some new developments since that thread.

  • Tesla has become a net holder/buyer of Bitcoin, which makes it the first top company to do so. And it holds/buys ONLY bitcoin, no other coin. Elon Musk has also indicated that he holds quite a lot of Bitcoin ( and that he plans to buy more perhaps, but not sure about that).
  • Bitcoin became the national currency of El Salvador, apart from the USD.
  • Lightning network continues to develop, and gets used, specially by Strike.
  • New futures based Bitcoin funds were launched and approved in USA.

All these events are again huge positive signs, which continue to make Bitcoin an attractive asset. I expect Bitcoin to double every year, that's my rule of thumb. That's why I was able to 'predict' 18K for end of 2020, and $40k for end of 2021, which are both pretty good 'predictions'. I won't be making any prediction for next year, but you can just keep doubling it every year for next couple of years, that's the formula.

submitted by /u/parakite
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Bitcoin Treasuries List Claims 59 Companies and a Handful of Countries Hold 1.49 Million BTC

304 days or roughly nine months ago, 42 companies held bitcoin on their balance sheet with an aggregate total of 1,350,073 bitcoin on March 1, 2021. Today, metrics indicate there are 59 companies, a few countries, and exchange-traded funds (ETFs) with 1,499,493 bitcoin held in treasuries.

submitted by /u/AmbitiousDecision552
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MexBT not allowing withdrawal, and their support phone line is disconnected

I've been waiting to withdrawal BTC from them since 12/9. Anyone else having trouble with them? The only option for support is their support chat, and they keep putting me off, after 10+ requests. They claim they are backed up because of holidays and have a ticket put in for me. And then they told me my withdrawal was in error because it had been in the system too long. So now I'm waiting for them to get to my ticket to cancel my withdrawal, so I can start a new withdrawal request. This all sounds very shady to me.

submitted by /u/cbearden1
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2021 Bitcoin Review with Matt Odell — What Bitcoin Did

2021 Bitcoin Review with Matt Odell — What Bitcoin Did submitted by /u/mccormack555
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Buying cheap sats

One bitcoin will always be worth one bitcoin.

One million sats will always be worth one million sats.

When purchasing sats, its a different perspective. We purchase these with whatever fiat money we are using.

So, what im getting at is - people always say the price of Bitcoin doesn't matter. But, if you spend $500 at a certain point in time and receive Five million sats, and at another point in time the purchasing power of the $500 dollars is only getting you One million sats. It must matter from a personal point of view when you're spending more fiat money to receive less sats?

Im in this for the long haul but I always try and buy when the price is lower to obviously get more sats. Sometime I feel a bit annoyed when purchasing at higher prices. Does anybody else think this way? It would be good to hear other peoples buying strategy and how they think towards the price.

submitted by /u/moanmoremattmyers
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