Did Meet Kevin just admit what I think he did(last min of video)?? The new bitcoin maxi?? He states the ONLY “crypto” to that makes sense from a fundamental perspective is BITCOIN. 🤔 I don’t agree with A LOT he says but good to see some sense in one of these influencers.
📉BITCOIN TECHNICAL ANALYSIS | #Bitcoin still around 17k.✅ | Right now at ~$16,900, trying to support itself in the pivot area of $16,750.🧐 | For the upward movement to continue, maintaining this pivot area it's very important.🚀 | $BTC #cryptotrading #crypto #trading
📉ANÁLISIS TÉCNICO BITCOIN | #Bitcoin sigue en torno a los 17k.✅ | Ahora mismo en ~16,900$, tratando de apoyarse en la zona pivote de los 16,750$.🧐 | Para que continúe el movimiento al alza es muy importante que mantenga esta zona pivote.🚀 | $BTC #criptotrading #cripto #trading
36wY1UBNxECftauVdhv2EZvBjaqFikr79b - BITCOIN ADDRESS. Sick of being poor tbh , never received any good luck with money just trynna post this on the web more mb gonna get some little motivational boost even a buck-O ( 1 euro or LESS ) thats it , in exchange i offer professional opinion and guidance.
36wY1UBNxECftauVdhv2EZvBjaqFikr79b - BITCOIN ADDRESS. Sick of being poor tbh , never received any good luck with money just trynna post this on the web more mb gonna get some little motivational boost even a buck-O ( 1 euro or LESS ) thats it , in exchange i offer professional opinion and guidance.
Can we all take a moment to thank the YouTube Bitcoiner diety that is Matthew Kratter? The man pumps out content almost daily, and it's continually EXCELLENT. No bullshit. No shilling shitcoins. No super clickbaity thumbnails. Just good, clean, informative bitcoin-related content.
The best thing to do which crypto is do the most burning non gambling thing which is just BUY BITCOIN. If you use ETH buy some ETH. Put it in a hardware protected wallet and fucking forget about it for as long as possible.
1. You can own a fraction of a Bitcoin, why do people get confused about that? 2. It’s borderleas, universal, anyone can use it. 3. Can basically send money instantly instead of waiting the how many days for banks. 4. Always send a small test payment. Even send in fractions if you want. 5. AND MOST IMPORTANT 5. YOU DONT OWN BITCOIN IF ITS ON AN EXCHANGE. That exchange goes down, they can claim your bitcoin. GET A WALLET. Ps. Don’t put your seed phrase anywhere on technology. Ever.
Just realise this is blockstream we are talking about here. If you can't trust them to make a secure hardware wallet then why are you trusting BITCOIN 😅 For me it's not either/or I opted for both. Don't put all your eggs in one basket sort of thing.
No I had bought $47k in Canadian dollars worth of BITCOIN back in October 2015. That time the price of 1 BITCOIN was @ $245 USD. I never cash out fully from my original purchass. Ive always DCA all though out the years. During the time when the ATH of BITCOIN ($69k USD PER) hit... Few days or maybe a week before that I've LIQUIDATED a little over 18 BTC($65k USD/BTC). Which I end up with a little over $1.2 MILLION IN USD. That time when I liquidated +18 BTC probably that was only the 3rd to 5th time I've ever liquidated any of it since I bought it in 2015. I knew from the begging when I put my life savings at 24 years of age that BTC IS A LONG TIME INVESTMENT. All through out the years I was fortunate enough that I never needed to cash out because I never needed money that bad.
Nah mate, YOU don't get it. CRYPTO first of all: No. That's all I'll say about that. YOU CAN'T REGULATE BITCOIN. You can regulate everything around it, but here's the deal. Bitcoin at best can be captured, that's not the same as regulation and it is theoretical even. Regulations may make it harder to use, but when a government becomes so draconian, you will learn that a dark market forms and becomes so popular, it IS where normal society lives. Look at the prohibition as an example of what happens when government chooses against the will of the majority. But I mean, keep making your silly dumbfounded predictions. Those of us with integrity will do better and we'll be here for you when you've had enough of being beaten down by your overlords.
Sometimes, when I read comments in the crypto channels, I think to myself that some of you are truely captured in something like a cult mindset. You ask a normal question and some of you just lose their shit and come up with things like the comment above. Alright I get it, BITCOIN is the holy grail and Jesus and God combined. But maybe there are „normal people“ too who are just curious and interested in bitcoin/crypto but dont want to wait for the next 16 years to take profits or buy a bottle of milk in the supermarket with their bitcoin-creditcard. And dont tell me you can buy everything, everywhere at everytime with bitcoin because thats simply not true.
The stuff I don't get is the jokes about the BITCOIN CEO. I mean I get the joke but it also exposes a huge flaw. If you lose your crypto it's gone nobody to call your just fucked. But if you make a mistake and someone gets your debit card number you will almost always get all your money back. People are not going to jump into a new banking system that gives zero protection. Or you mentioned seed phrases. Oh you forgot it? Well your wealth is gone sorry sir.
How would they block me from using my money? In that case I would 100% abandon the dollar before I abandoned Bitcoin. I don't see it as possible in any country where people have actual rights. If the government tells you that you cannot buy bitcoin, YOU MUST BUY BITCOIN. Cash in the mail is a thing even now.
Someone told me about DOGE in 2019 and explained that you only had to buy fractions and not a whole... Now, if I knew you only had to buy fractions and not a whole. I would've invested in BITCOIN in 2014 when I was first told about it. It's whatever though, I'll still continue to screw myself over when it comes to crypto because I am a professional at fucking myself.
Such a dumb "article". Note, it's an editorial so it's not even an article. Bitcoin is incredibly unequally distributed so it fucking solves nothing immediately with respect to inequality. Poor people are more worried about surviving than investing in fucking Bitcoin and getting rich. Bitcoin solves nothing here with respect to inequality. If Bitcoin makes it to the big time, people with large amounts of assets will benefit more than those who are poor because they can BUY BITCOIN. Bitcoin solves nothing here with respect to inequality. The idea that Bitcoin will "solve" any sort of wealth "inequality" is a fucking pipe dream. Bitcoin can make it cheaper to send remittances to shit hole countries. It that's your idea of helping wealth inequality then fill your boots. Even this is a borderline stupid thing because at some point BTC has to be converted to FIAT in these shithole countries so poor people can spend the money. This has a cost and complexity. So yeah. Really good way to "fix" "wealth inequality". What people who bitch about wealth inequality don't want to cope with is there is only one way to "fix" the problem. It's to steal people's shit and give it to other people. This is an untenable "solution".
Op. You had 1000. You borrowed 1000 and bought 2000 of Bitcoin. The 2000 drops 50% to 1000. Then the person you borrowed from sells the 1000 to get their money back. You are left with zero. DO NOT EVER USE MARGIN WITH BITCOIN!!!
1. Read The Bitcoin standard 2. If you have to ask: yes, its a scam 3. NOT YOUR KEYS NOT YOUR BITCOIN 4. Nothing is the next bitcoin, there is Bitcoin and there are shitcoins 5. Do your own research 6. Never leave Bitcoin on exchanges (see 3) 7. Never speak about your stack 8. Always keep your seedphrase safe, your seedphrase is your bitcoin 9. Orange pill as many friends and family as you can 10. HODL
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Once I found a draft from 2014 at my old email box which was called "BITCOIN" (caps look added a goose bumps) and it was a old blockchain.com wallet (15 words phrase). I was really excited, but . . . I found only KYC notification in it 😂
read/listen to THE BITCOIN STANDARD-should beer on youtube or get it on audible. listen to podcasts-WHAT IS MONEY by Robert Breedlove; WHAT BITCOIN DID-good for beginners (the older episodes) -listen to everything MICHAEL SAYLOR said. that will be a good start
> Who is the idiot writing BITCOIN KEY on paper that says Bitcoin key? From the bitcoin wiki: [Storing seed phrases for the long term](https://en.bitcoin.it/wiki/Seed_phrase#Storing_seed_phrases_for_the_long_term) > It could be a good idea to write some words of explanation on the same paper as the seed phrase. If storing for the long term you may forget what a phrase is how it should be treated. A sample explanation that can be adapted is: > *These twelve words have control over BITCOINS. Keep this paper safe and secret like cash or jewellery. The bitcoin information on this paper is encrypted with a passphrase. It is part of a multi-signature wallet and was made by Electrum bitcoin wallet software on 2019-01-01.*
think of BTC valuation like VISA because BTC allows users to pay each other easily, cheaply, flawlessly over 14 years, peer to peer across borders. WITHOUT VISA. thats only 1 way to value BTC. also think it as value like ANDROID or maybe LINUX because BITCOIN is a open source tech in a similar ways. but more of a tech of money layer on the internet. Who knows what happens, but the future looks interesting.
Here's a script how to do it, in Python, with a function that can be parallelized. It is not optimized but works, it uses the `bip_utils` package to derive BIP-0084 addresses, starting with `bc1q...`. ```python #! /usr/bin/python import random import math from multiprocessing import Process import bip_utils def _run_random_seed(random_seed): random.seed(random_seed) WORDS = "off energy lounge crisp library inmate accident occur boring aunt cherry gallery" WORDLIST = WORDS.split(" ") for _ in range(math.factorial(12)): random.shuffle(WORDLIST) MNEMONIC = " ".join(WORDLIST) try: seed = bip_utils.Bip39SeedGenerator(MNEMONIC, lang=bip_utils.Bip39Languages.ENGLISH).Generate("") except bip_utils.utils.mnemonic.mnemonic_ex.MnemonicChecksumError: continue bip84_mst_ctx = bip_utils.Bip84.FromSeed(seed, bip_utils.Bip84Coins.BITCOIN) for n in range(1000): bip84_acc_ctx = bip84_mst_ctx.Purpose().Coin().Account(n) bip84_addr = bip84_acc_ctx.PublicKey().ToAddress() if bip84_addr == "bc1ql7ka7ut3vcveydx8sy9ylhurpnc6cpy02yjrge": with open("addresses.txt", "a") as f: text = "\n" + bip84_addr + "\n" + " ".join(WORDLIST) + "\n" f.write(text) return if __name__ == "__main__": _run_random_seed(42) exit(0) ```
Great read and questions. The currency you ask why of is “BITCOIN”. No single entity can control it period and no manipulation. The problem is human nature ☝️ person always feel they have better solution to the problem, not because the understanding of it but the internalized mindset I can make it better, look at the crypto market now! Mind boggling. Imagine a code written over a decade ago still smashing all other tokens/coins! This very day.
Basically currency can be seen as units. How many units for some chips. 2.39 units. How many units for a car? 32,500 at the end money is simply a tool to measure value. It’s a fallacy in my opinion. We could use Bitcoin in the same term. 1 BTC = 100,000,000 Satoshis. How many satoshis/ Units for a car?? 32,500 Sats. The new Money/ Tool of measuring value is there. Humanity would just need to accept it as such. This also highlights the grasp of power that fiat/ the rulers of the earth have on humanity. How could u tell the globe “Hey don’t measure things in dollars measure it in SATOSHIS AND BITCOIN” without getting told to fuck off. It’s a tough challenge not impossible but very very tough. To be honest the most beautiful scenario would be if humanity would all collectively just work together to progress and for money to not exist. Yet humanity suffers from sloth. Things can not be free other wise people wouldn’t see the value. Hopefully there’s another universe out there with a utopian society 🤣
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So i suppose that my initial qestions did come off more fiat related but I would still I'd argue it's pretty bitcoin centered. To be more clear I am essentially asking about proving ownership of bitcoin. Ideally you wouldn't have to open up your coffers to prove to someone what you have and you wouldnt want to but in the world we live it's not so simple. The IRs in the states requires reporting of any transactions from trades to purchases and sales, but supposedly not taking custody. From what I gather exchanges do report on your transaction off their exhange but how could they know if rhe wallet trasnfer wasn't a payment? So its feasible to say you could get a knock on your door from the IRS. Now i am not finding much information on this subject on the IRs site. Now to the meat and potatoes for the people that use cold wallets; to which I am new. When you BITCOIN from an exchange to a wallet the exchange is going to report it as a transaction from your account right? So the only way to prove it is still in your possession and not a payment is to show some proof of your wallet with at least the same value. Anonymity is screwed at this point but to avoid being criminalized how do you prove your ownership without releasing your keys? I've used coins tracker for reporting on trades before and I see there is a wallet option for this service. Im still working on understanding 5he keys and addresses to the fullest but isn't releasing even your public keys kind risky? I don't make a habit of loading my bank account balances into the internet why would I do that with my BTC? Am I fundamentally misunderstanding something here?
Start your own website. For every 1% pump make an article with the header "BITCOIN SURGES ABOVE $16588 TO RECMALIM 5-DAY HIGH". For every 1% dump say something like "Bitcoin plummets to 20 minute low" or something. People will post it here and you'll get some clicks.
Someone breaking into your network isn't an excuse if you do things properly, and having 214 BTC on a hot wallet tells me you have the means to do it right. Buy a laptop along with a 4G USB and a SIM card **just** for your hot wallet. That laptop should only connect to the internet to send money, through the 4G USB so it's not on the same network as every other device. It should also have WiFi off. (I say laptop for convenience but it could be any kind of computer actually) Literally ANY laptop would be enough for that. Spending more than $300 on it would be too much already. Then $50-100 for a 4G USB and a cheap data plan for it. That's the cost of securing 214 BTC to such stupid degree where it would be pretty much impossible to hack: $400. Or 0.024 BTC at the time of writing this. This may seem a bit too much for the average person, however, for a millionaire who also happens to be a core dev of fucking BITCOIN (so he's tech savvy enough) this should be the bare minimum. Hell, I'd do it already if I had $10,000 in BTC. Not having done anything similar with *at least* $3,500,000 is fucking crazy.
>That's about it. He uses charts and lines and make, in my opinion, bold claims to convince people into buying his list. To some it might be worth, but not to me. Thanks for advertising for him here, I think I'll buy it! In all seriousness, he offers more than just the "list". What do you think it is? Just some newsletter? You get access to charts that he made on his website, and he is an actual NASA rocket scientist / arguable data scientist. Great god, he's probably one of the most virtuous youtubers out there (compared to bitboy, for example), and you act like he's committing human rights violations. Selling "premium content" through another platform besides youtube to a fraction of his users, is a **symbiotic relationship.** The (less than) 1% of his subscribers that buy his premium list enable him to do this full time and produce content for his non-paying viewers. It's a trade-off. Now then, I'm not going to say he's the "perfect" youtuber, but the fact of the matter is he doesn't waste my time with some "BITCOIN TO 40K EOY 2022" and clickbait thumbnails and stuff like that. If you want someone who's gonna waste your time, have fun with bitboy. If you're going to watch someone who tapers your expectations and gives realistic day-by-day or week-by-week coverage of the market, someone who is willing to change his views and diversify his content, then go watch benjamin cowen.
These people hate BTC. They capitalize on naivete of people who want to get in and then shill shitcoin rugpulls and offer bonuses if you buy them. Coinbase does the same thing. There is no "crypto" there is only BTC and then a bunch of shitty derivatives. So I say it again: 1) Buy your BTC on strike. 2) Send it to your hardware wallet. 3) Leave a little on strike if you wanna use lightning for payments. If you want any shitcoins for whatever reason use Ledger live and swap off BTC. Centralized exchanges are dogshit. Shitcoins are dogshit too. So w/e but I would rather people know and support strike as they buy BTC from miners and don't shill dogshit. Nothing should be on exchanges. Ledger live and DeFi are all you should use and the only on-ramp you should use is unironically the only real digital asset you should have: BITCOIN.
[Trader University](https://www.youtube.com/@TraderUniversity) [BITCOIN](https://www.youtube.com/@BITC0IN) [Econ Lessons](https://www.youtube.com/@EconLessons) [Th3M0rn1ng5h0w](https://www.youtube.com/@user-fw4ph9yx3w) [Pleb UnderGround](https://www.youtube.com/@PlebUnderground) [Simply Bitcoin](https://www.youtube.com/@SimplyBitcoin) [Coffeezilla](https://www.youtube.com/@Coffeezilla) [21MillionTV](https://www.youtube.com/@21milliontv6/videos)
#Bitcoin Cash Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Bitcoin Cash Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > # What is Bitcoin Cash (BCH)? > > Bitcoin Cash is a [hard fork](https://www.investopedia.com/terms/h/hard-fork.asp) of Bitcoin. It was launched in 2017. [It has 32MB blocks instead of Bitcoin’s 1MB](https://www.coindesk.com/learn/2015/08/21/what-is-the-bitcoin-block-size-debate-and-why-does-it-matter/), so it can handle many more transactions per second (TPS). And that’s the main difference between BTC and BCH, as its goal was to tackle [Bitcoin’s scalability problem](https://en.wikipedia.org/wiki/Bitcoin_scalability_problem) without the second layer solutions. > > # What are the cons of BCH? > > **IT’S CENTRALIZED** > > BCH “inherited” BTC’s supply distribution from July 2017 when it was launched but the supply held by large addresses [has become more concentrated over time](https://coinmetrics.substack.com/p/coin-metrics-state-of-the-network-2d3) (while BTC is even more decentralized today). > > In 2019, [just two mining pools were able to perform a 51% attack](https://www.coindesk.com/tech/2019/05/24/bitcoin-cash-miners-undo-attackers-transactions-with-51-attack/). And although it was done for a good cause – to stop an unknown miner from exploiting a bug – it can serve as a prove that BCH was centralized already back then. > > ​ > > **THE NARRATIVE IS ON BITCOIN’S SIDE** > > The value of Bitcoin has gone up more than 2,000% since July 2017 while BCH has stayed below its price from July 2017 most of the time, not to mention its [ATH price of $4,355](https://coinmarketcap.com/currencies/bitcoin-cash/) (it's 86% down from ATH as of 31.10.2021). > > Also liquidity and real-world usability of Bitcoin Cash [is nowhere near that of Bitcoin](https://www.investopedia.com/tech/bitcoin-vs-bitcoin-cash-whats-difference/#citation-4). It is clear that the great majority of investors chose Bitcoin after the 2017 hard fork and BCH is seen as an inferior copy. > > ​ > > **IT HAD ITS OWN HARD FORKS** > > People cringe at Internet Computer’s name, but for me, Bitcoin Satoshi Vision (BSV) takes the cake. It’s a hard fork of Bitcoin Cash that took place in late 2018. It has even larger blocks than BCH – [2GB](https://finance.yahoo.com/news/world-record-2-gigabyte-block-130000498.html). > > In 2020, there was another hard fork that produced two new chains- Bitcoin Cash ABC and Bitcoin Node. This shows that Bitcoin Cash has failed not only against Bitcoin, but had splits among its own community, further hurting its credibility. > > ​ > > **IT'S SCALABILITY COMES AT A COST** > > Bigger blocks have certain [disadvantages](https://www.sfox.com/blog/is-bigger-better-how-to-evaluate-bitcoin-cash-based-on-block-size/). Running nodes when the blocks are big requires more resources. Also, the commissions from transaction fees are lower, which makes mining the coin less appealing. This might result in nodes being manageable only by big, private companies, making BCH even more centralized. > > ​ > > **ITS MAIN ADVANTAGE ISN’T UTILIZED…** > > Although BCH’s blocks can handle up to 32MB of data, [they have not reached even 2MB since they were introduced in 2018](https://bitinfocharts.com/comparison/size-btc-bch.html#3y). What's more, their average size is currently much lower than that of Bitcoin’s blocks. > > Taking into consideration the point above about the disadvantages of bigger blocks, it makes you wonder why BCH would push for such big blocks when most of the time they don't even use 3% of their capacity. > > ​ > > **… AND EVEN IF IT WAS, THERE'S LIGHTNING NETWORK** > > [SegWit](https://www.investopedia.com/terms/s/segwit-segregated-witness.asp) allows second layer solutions to be implemented on Bitcoin. One of those solutions is Lightning Network which has become very popular recently after being [adopted by El Salvador](https://bitcoinmagazine.com/markets/lightning-network-bitcoin-usage-adoption-el-salvador) and [Twitter](https://www.theblockcrypto.com/post/118450/twitter-rolls-out-bitcoin-tipping-for-ios-users-via-lightning-looks-to-nfts-for-the-future). > > Lightning Network effectively eliminates the main advantage of Bitcoin Cash by allowing faster and cheaper transactions with bitcoins. Even if BCH fully utilized its 32MB blocks, it wouldn't be able to compete with Lightening Network. > > \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ > > **SUMMARY** > > Bitcoin Cash is a much worse store of value than Bitcoin and now it is also losing the electronic cash narrative, since the growing adoption of [Lightning Network](https://en.wikipedia.org/wiki/Lightning_Network) makes Bitcoin a much cheaper and faster payment option. ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/ovmtsi/rcc_cointest_coin_inquiries_bitcoin_cash/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin_Cash) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zykwb7/daily_general_discussion_december_30_2022_gmt0/).
#Bitcoin Cash Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Bitcoin Cash Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > # What is Bitcoin Cash (BCH)? > > Bitcoin Cash is a [hard fork](https://www.investopedia.com/terms/h/hard-fork.asp) of Bitcoin. It was launched in 2017. [It has 32MB blocks instead of Bitcoin’s 1MB](https://www.coindesk.com/learn/2015/08/21/what-is-the-bitcoin-block-size-debate-and-why-does-it-matter/), so it can handle many more transactions per second (TPS). And that’s the main difference between BTC and BCH, as its goal was to tackle [Bitcoin’s scalability problem](https://en.wikipedia.org/wiki/Bitcoin_scalability_problem) without the second layer solutions. > > # What are the pros of BCH? > > ​ > > **IT’S MORE SCALABLE THAN BITCOIN** > > As mentioned in the introduction, BCH has bigger blocks than Bitcoin. It allows the network to handle more than 200 TPS compared to Bitcoin’s 7. [Transactions on Bitcoin Cash are faster and transaction fees are lower](https://www.investopedia.com/tech/bitcoin-vs-bitcoin-cash-whats-difference/#citation-4). > > The average transaction fee on BCH network usually stays substantially below one cent while an average transaction fee on Bitcoin network is usually much above $2 and during congestion, like earlier this year, can even reach [more than $60](https://bitinfocharts.com/comparison/bitcoin-transactionfees.html). > > ​ > > **IT’S BASED ON BITCOIN…** > > As a hard fork of Bitcoin, BCH offers many benefits of Bitcoin fundamentals, like anonymity, reliability (they both use the same cryptographic hash functions - [Secure Hash Algorithm 2](https://en.wikipedia.org/wiki/SHA-2)), limited number of coins that will ever be issued ([21 million](https://decrypt.co/34876/why-is-bitcoins-supply-limit-set-to-21-million), same as Bitcoin) and, last but not least, the codebase. > > ​ > > **… BUT IT HAS MORE FUNCTIONS AND UPGRADES…** > > BCH is utilizing smart contracts, including [Cashscript](https://cashscript.org/). Cashscript will bring [DeFi](https://en.wikipedia.org/wiki/Decentralized_finance) into Bitcoin Cash, so it might compete with other DeFi platforms. There are also other developments like CashSuffle and CashFusion that [further improve privacy on social networks](https://changelly.com/blog/btc-vs-bch/). > > And while Bitcoin had it's last upgrade in 2017, Bitcoin Cash is upgraded regularly. The [last upgrade](https://news.bitcoin.com/bitcoin-cash-upgrades-successfully-network-works-as-intended/) was applied in May this year and was focused on improving the user-experience and double-spending protection. BCH developers are also aware of the past tensions that resulted in hard forks and decided to implement [CHIPs](https://bch.info/en/chips) that are supposed to make future upgrades more off-centered, independent and overall smoother. > > ​ > > **… AND IT’S CLOSER TO WHAT SATOSHI NAKAMOTO INTENDED** > > In July 2017 [Roger Ver](https://en.wikipedia.org/wiki/Roger_Ver) and others stated they felt that adopting BIP 91 (that would later activate [SegWit](https://www.investopedia.com/terms/s/segwit-segregated-witness.asp)) favored people who wanted to treat bitcoin as a digital investment rather than as a transactional currency. That's why Bitcoin Cash was created. > > In the [whitepaper](https://bitcoin.org/bitcoin.pdf), Satoshi Nakamoto intended Bitcoin to be a transactional currency - “an electronic cash system". But today, it needs to rely on the second layer solutions in order to achieve that, therefore [some people argue](https://www.newsbtc.com/news/bitcoin/roger-ver-bitcoin-cash-is-a-better-investment-than-bitcoin/) that Bitcoin Cash is closer to what Nakamoto described. > > ​ > > **IT’S ONE OF THE MOST ACCEPTED CRYPTOCURRENCIES** > > As of 21.10.2021, [1168 merchants accept Bitcoin Cash](https://acceptbitcoin.cash/). And despite the fact that Bitcoin has risen in value since the hard fork while Bitcoin Cash has dropped in value a little, it’s still one of the most popular coins and the project is continuously developed. > > ​ > > **SUMMARY** > > Although Bitcoin Cash supporters claim that it can do whatever Bitcoin does but better and although it is one of the most popular cryptocurrencies that is constantly updated, it's impossible to deny the fact that it has lost against Bitcoin when it comes to adoption. And, unfortunately for BCH, it's all about adoption. ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/ovmtt8/rcc_cointest_coin_inquiries_bitcoin_cash/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin_Cash) to find arguments on this topic in other rounds.
Institutions aren’t coming ?? How about whole countries are already here like El Salvador and the Central African Republic ?? Oh and let’s not forgot Brazil. Institutions aren’t coming ?? How about the worlds largest energy companies! JAPAN’S LARGEST POWER COMPANY, TEPCO, TO MINE BITCOIN WITH EXCESS ENERGy TEPCO Power Grid is deploying bitcoin mining operations across Japan in a partnership with a local semiconductor company to capitalize on excess energy ? Institutions aren’t coming ?? How about some of the largest public companies in the world! Company Total BTC Held MicroStrategy 124,391 Tesla Inc 42,902 Galaxy Digital Holdings 16,400 Marathon Digital Holdings 8,133 Block Square / Square Inc 8,027 Hut Mining 8 Corp 5,518 Riot Blockchain Inc 4,889 Coinbase Inc 4,482 Bitfarms Limited 4,300 Not only are they coming they are already here silently buying up your Bitcoin that you sell at a loss because you have no idea what your actually holding!!
> Wanted to do the right thing and learn in the process. But damn, can get pretty rough. ***YOU GO TO BitcoinCore.ORG DOWNLOAD AND RUN THE PROGRAM DONE !!!*** (CHECK LINK IS GOOD - LOOK AT BITCOIN.ORG , AT SIDEBAR OF THIS SUBREDDIT TOO)
For me personally, the maximum I would ever pull out is my PRINCIPAL DCA amount… I am keeping my profits in the form of bitcoin. Will reinvest my principal or use it to invest in myself (business, education etc.) I will NEVER SELL MY BITCOIN (the gains outside of my original principal amount.)
Just wanna adress the elephant in the room: The value of a currency is its degree of usage. Bitcoin has the worst properties to use as a currency: -High fees -slow transfer time -no smart contracts -pseudo anonym I believe the only value of bitcoin is, that its the first cryptocurrency in the world, thats why i love it and will respect it. But it is not the future Let me repeat BITCOIN IS NOT THE FUTURE. I will probably be banned for this, but some people invest unhealthy amounts of money into it Im not here to promote any other coin. TLDR: There are other coins with better features to use as a currency therefore will be performing better than btc https://youtu.be/SgpKDVkvboE