Reddit Posts
What's Algorand been up to in the Bear Market? FUD Fighters....
Anyone familiar with these ETFs: BITX, BITC, DEFI, MAXI?
MAXI TIME: Was there a disappointing Crypto project that made you focus on the big two?
ETFs are in the ring, but Bitcoin's the undisputed king: Buy and Hold.
As a bitcoiner, does compound interest actually mean anything?
The benefits of a diversified crypto portfolio
MAXI's Working Over Time To Save Us All From Brandolini's Law | 6/23/2022
Maximus Bitcoin Mashup | MAXI's Working Over Time To Save Us All From Brandolini's Law | Jack Mallers, Samson Mow & Cory Klippsten Call Out The Shitcoiners & Shills | 6/23/2022
Bitcoin Maximus Mashup | Featuring Jack Mallers, Saifedean, Cory Klippsten & Samson Mow | MAXI's Working Over Time To Save Us All From Brandolini's Law | 6/23/2022
Now on MAXIMIZER!! Mint MAXI with MAXI-WAVAX PGL!
Any thoughts on the new alpha version project MAXI on Avalanche network?
Mentions
Kaspa MAXI here... no shame. The super high block rate will mean your average amateur miner will hit blocks without needing a pool. Proof of work too so it will never "accumulate" centralisation
I could definitely see this happening, have you noticed the rate of people calling BTC MAXI’s delusional has dropped significantly??
You’ll become a true MAXI once your allocation is 100% Bitcoin
For peace of mind use a small part of your btc to buy alts? I would not, but Im a MAXI!!!
What are your market sentiments on ETH ETF applications? Feels like it's not yet time for it? Maybe after the halving? or you're a SOL MAXI and ETH is trash O\_O
> Will this create a unique condition where the wind is largely sucked out the market and the usual retail money that drives alt season remain on the sidelines? My feeling is, if there is an alt season, then ETH will get skipped. I don't buy this BTC>ETH>Alts rotation in this cycle. For this rotation to happen, you need ppl at top rotating downward. BTC rotation downward is hard because a lot of the current buying is done via ETF and institutions. I don't think the ETF buyers will sell just so they can start a Coinbase account to buy alts. If they could, they would buy crypto without the ETF. Also given ETH maxis' open hostility to see BTC replaced by ETH, and ETH maxis so confident about BTC's eventual demise, it makes me wonder if the pro-ETH camp has any significant exposure to BTC. If they don't, then they can't sell their BTC and rotate their liquidity into ETH. That means, the BTC>ETH rotation seems unlikely. A lot of ETH maxis and ETH VCs have expressed a super hostile view against alts. They want to colonize other alts by forcing them to use ETH as money. Given their hostile position, I am doubtful they will rotate their ETH into Alts. I think the BTC>ETH>Alts rotation has become very questionable because 1) BTC has an ETF and 2) ETH community has grown very arrogant, hostile, and insular against alts. Both these two factors would block the rotation passage. I think the success of Solana would be more indicative if we get an alt season. Right now, Solana still need to prove out its thesis on DePIN, payment, etc. Memecoin's explosion is nice but it is still a hard sell for outsiders to accept SOL value just based on the casino value prop. However, the other factors I mentioned make SOL a lot more presentable. This sub is stupid asf, when they hold non-ETH alts and go FUD Solana for stupidest shits. What they don't realize is, SOL's success means INVALIDATING ETH MAXI'S EXTREMELY HOSTILE AND TOXIC NARRATIVE. It is more bullish for your bags. What do I mean? ETH maxis are convinced and extremely vocal that other non-ETH aligned ecosystems can't succeed and thrive. The only one for it to happen, is to get your chain "colonized" as an ETH L2. SOL success gives an example for outsiders to take a second look at your alt, if your alt is building outside the ETH empire and doing something unique in value proposition.
Every “x” MAXI culture is actually a cult
Am OG Bitcoiner, since 2011. I already played this game from 2013-2017. I am done selling. And I'm not even a MAXI.
None of these funds are buying bitcoin with their cash inflows. They're completely irrelevant to the original topic of this post. "BITO invests in bitcoin futures and does not invest in bitcoin. There is no guarantee the fund will closely track bitcoin returns." MAXI: "The fund does not invest in bitcoin directly; it invests in bitcoin futures." BTF: "The Fund will not directly invest in bitcoin. Under normal circumstances, the Fund will seek to purchase a number of bitcoin futures contracts"
Wtf do gas fees have to do with nodes being available to the average user? Since day 1 anyone can spin up their own ETH node on the most basic of home PCs. I don't recall ETH foundation funneling everyone to pay for RPCs and Servers just to participate in the network. Literally the only selling point is brokies bragging about small gas fees? Ironically not understanding big picture why gas fees are low. Either way not going to argue with ignorance. You're obviously a MAXI on an agenda in hopes it pumps your bags.
I actually forgot that MAXI wasn’t a Spot ETF… I just looked at my account real quick before posting my initial comment and know that I put some money into it lol. Thanks for alerting me to that though. I still need to sit down and do more research on ALL of these Bitcoin-related projects. I made sure not to buy TOO much yet because I’m definitely gonna go heavier on ones that look more promising. Yeah I’ve heard from several people that GBTC has high fees, so I will definitely take that into consideration. I’ve got a lot to learn still, but I see a decent amount of people saying good things about FBTC and HODL especially. I like to own my Bitcoin, but I think it’s a good idea to have BTC-related projects in my retirement as well. Thanks for the input bro.
You may already know this, but MAXI is not a spot Bitcoin ETF, so it doesn't hold any real bitcoin. Rather, it holds bitcoin derivatives (futures, puts, calls) as well as US government treasuries. Also, IMHO there is very little reason to pay the high fee GBTC charges, unless you are concerned that the other ETFs won't track the price of bitcoin due to low volume.
I’m not very savvy when it comes to stocks/investing, but my rollover IRA is with Fidelity and I’m glad it is! I started buying a few of the current Bitcoin ETFs. FBTC, HODL, IBIT, GBTC, ARKB, and MAXI are ones I started dabbling with. Plan on doing continuous research on which ones look extra promising 👍🏻.
Probably going to be a product like JEPI and JEPQ. These are newer funds that have gained a lot of popularity over the last few years. MAXI would be the only product that I've seen with a cover call strategy with Bitcoin but they use BITO as an underlying.
Or to invest in other assets using USD and that are priced in USD... Just basically won't be selling all of the BTC to hoard USD under a mattress. But other than that, yes, it will be sold to spend USD and invest in USD and have USD baths and stuff just NO USD UNDER THE MATRESS I AM A MAXI unless I am spending USD on virtually anything. If the BTC price increases in USD that is. But I'm not interested in USD and won't sell for it! Only briefly let it touch my hands if I want to spend it.
I’m a NXRA MAXI. See this project going to multiple billions this bull market. RIO is another one I’m very bullish on just because it’s the most known across Crypto. Think these 2 might be the play next bull
BITX: 2x leveraged (daily) bitcoin futures ETF. very risky to hold long-term, but could be high-risk/high reward in a strongly uptrending market. BITC: Optimum roll futures bitcoin ETF. Designed to mitigate the roll cost of futures ETFs. Probably one of the better-designed futures ETFs IMO. DEFI: bitcoin futures ETF. Seems pretty straightforward. Half in each of the current and next month's futures. MAXI: actively managed w/ bitcoin futures, income strategy & option overlay. I don't fully understand this one but it's done well this year. ​ MAXI is the best performing year to date out of the two that have existed the entire year (MAXI and DEFI). It's also slightly the best performer since the latest inception date of all 4. But I'm not sure what market environments it's likely to underperform in. It seems to be the most complicated one of the 4. Be careful with trade execution on any of these - assets are low and it seems they can often trade at meaningful premiums/discounts to NAV. You may consider using limit orders instead of market orders.
Just buy altcoins watch your money dissappear then you'll become a BTC MAXI
Things get off to a bad start when I read the definition of “BTC MAXI”. Sorry to remind you again, but we should integrate this fundamental truth: **Bitcoin != Cryptocurrency.**
BTC is the KING. Everything moves around it, every single crypto project out there, is measured against BTC. "BTC dominance", "It gained xxx satoshis" etc.. Bitcoin IS crypto, stated by Satoshi Nakamoto himself, hardcore MAXI's assume everything else is trash, but that doesn't mean it is. Due your due diligence, you can make more money in alts, its just a riskier bet.
It will definitely go up, and then down, and then up, and then down. You could lose 90% of your $1000 within a few seconds, or you could 10x it in the same time frame. NO ONE KNOWS. If you’ve read up on bitcoin and have even a rough idea of its potential long term, then you’ll already know the answer to your question. If not, take $10 of that $1000, buy The Bitcoin Standard and invest some time in reading that. Then, come back as a laser eyed, 80 IQ, psychopath MAXI. It’s really that simple.
Jeez... I truly ask for examples in which using SATs in every day life would be better than the current situation, and you reply with this... MAXI found
Who is your least favorite BTC MAXI? I'll start. Max Keiser.
ETH. More and more, I am becomning an Ethereum MAXI! I hold mostly BTC and ETH - > slowly increasing ETH share of total crypto. And now I have a few RCA NFTs and CONE (maybe these in the end are what will guarantee my retirement :D )
Buying the top is the path to become a MAXI.
> Who controls how many new xrp coins can be created? The codebase which is open source and enforced by the nodes. here is the code that created all 100 Billion XNS (later renamed XRP) several months before Ripple (then opencoin) would even become a company. https://github.com/XRPLF/rippled/commit/f0e3383856a8923e55b0f10e7822de9031b7159e The same checks like these https://github.com/XRPLF/rippled/blob/381a1b948b06d9526cc73f14cfc69635fabf8605/src/ripple/app/tx/impl/InvariantCheck.cpp#L131 are the same ones that BTC uses to prevent the creation of new XRP. https://github.com/XRPLF/xrpl.js/commit/19ec41e7bd178e8c8a04b6c98ed133aa87af983f June 2nd 2012 all 100 billion XRP were created. since then, no New XRP have ever been created Nor can they be created as the code doesnt allow it to happen. > Can anyone create a core node? Anyone can run a validator (I run one) https://github.com/XRPLF/rippled You could be up and running in 15-20 minutes if you have the correct hardware >Absolutely nobody is seriously saying xrp is decantralised. So far youve made two claims that the publicly available code has proven to be incorrect. This code has been public information for a DECADE. You have failed to provide any evidence for your claims and your claims are directly contradicted by the codebase itself. You've had that reddit account for 1 month. XRP has been enforcing its code and creation limits for the last 134 months in a row. >and based on your comments I don't think you understand what centralisation is. Mirror.jpg Here is your moment to shine - Show me how someone can doublespend on the network - Show me how someone can create more XRP - Show me how someone can censor a user from spending their XRP - Show me how someone can reverse an XRP transaction or Censor an XRP transaction - Show me how someone can force a code update on the validators - show me how someone can freeze an XRP transaction Please provide me with a theoretical or practical example as to how ANY of those or other examples of centralization are currently possible. (you cant because you dont know what you're talking about) In the future, I advise you to Verify the information you're reading is True instead of repeating BTC MAXI FUD from 2016.
> Btw 2 authorities have 53% of HR. Is this decentralized to you? Mining pools don't own the miners. They are groups of individual miners. > Maybe it is highly unpopular because of all that MAXI bs that you guys are getting I'm not a bitcoin maxi. The term maxi is used to attack a person rather than their ideas. It's really embarrassing to use that term, no other industry does it.
Nano creator kept 5% of supply, not foundation. I really dont remember in which way he got those 5%. He donated it to foundation to fund code improvements over the years. Maybe it is highly unpopular because of all that MAXI bs that you guys are getting ‘bitcoin is this and that’. It is not, too slow, too expensive to be something. Too centralized, look what happened after china ban or coal mines flooded with water. Btw 2 authorities have 53% of HR. Is this decentralized to you? To me it is not.
> It was never about XRP being a security ?!?!?! tell the SEC that, they argued for 933 days in a row that not just Ripples instituional sales of XRP were securities offerings. but that EVERY sale of ALL XRP was an illegal offering by ripple. you sold on Binanace? you broke section 5. You paid some guy to mow your lawn in XRP? welp according to the SEC you broke section 5. that was ALL the SEC ever argued and they were proven wrong in court. >it was always about it being fully centralized oh boy here we go. Alright, Please show me an example of how Ripple can doublespend on the network, create more XRP, censor a user/trasaction on the XRP ledger, Force a codeupdate on the validators. Please provide a theoretical or Practical example of how ANY of those things are possible. If you cant, Guess what, its Decentralized and you dont know what you're talking about. >which goes against the principles of the majority of crypto enthusiasts. https://www.scribbr.com/fallacies/no-true-scotsman-fallacy/ Try not to base your entire position on a basic logical fallacy next time. > Ironically, the SEC case is the only reason why XRP got any sympathy from this sub to begin with. its because people like you who dont know what you're talking about that XRP has a bad name. You hear some nonsense from a MAXI and repeat it like a parrot. But you're breaking one of cryptos GOLDEN rules and it shows me you're a rookie in the space. Trust BUT VERIFY. you didn't do Step 2 of the golden rule and it shows.
I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit: - [/r/btc] [Report shows that the lightning network fails to route payments if a few dollars or more is sent, gets censored from r\/cryptocurrency . Classic Bitcoin MAXI strategy, censor all objective information, facts and research, and just spam HODL.](https://www.reddit.com/r/btc/comments/14umh9r/report_shows_that_the_lightning_network_fails_to/) *^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*
Because he isnt some sort of MAXI, he holds more BTC and ETH then he does XRP...
Not a BTC MAXI, but this is beautiful.
*"Cause I'm a motherfucking Bitcoin MAXI"*
100 percent in Bitcoin. You can say I'm a bitcoin MAXI
Bruh... Bitcoin isn't political. Hard core leftie here and diamond 💎 hand Bitcoin MAXI. And you can fuck right off with trying to paint Bitcoin's neutrality (one of its most beautiful attributes) with your backwards, fucked up, sociopathic politics. Bitcoin doesn't care about your politics or mine. But I think I can speak for Bitcoin when I say: FUCK OFF.
Can't wait for the netflix reality show "How i became a BTC MAXI"
If a MAXI falls in a forest and no one knew they were a MAXI, were they really a MAXI? Reminds me of veganism.
I have that in #MAXI from maximusdao dot com
In the moment, and once it's gone you're hollow and itchy like a shriveled legume curled up on a lawn chair with no towel or water to drink, just the crisp breeze permeating the clammy pores of your sweaty, gray body right before you get kidnapped by El Chapo in his helicopter and they ask you "WHERE THE FU- IS MA MONAY" and you're like HEY hey I don't know. The maid slipped me some ambien I don't even kn- and El Chapo interrupts you and hes like "I BROKE OUT OF MAXI TO SERVE YOU MOTHRFAWKEEE- but then he explodes because the government's been tracking him this whole time and they reward you a million dollars. And the cycle continues. Forever.
HDRN or MAXI is used for liquid stakes
Hah it’s funny because I’m an ETH MAXI and also hold a bunch of Dis shares. Dis is the only stock I hold, everything else is in VTSAX
Yahts what a MAXI would say.
Some say toxic I just call it #MAXI !lntip 1000
>discuss alternative protocols Again, why are you discussing them in a bitcoin subreddit? Do you go to science subreddit and complain you can't talk astrology? >BIGGEST BITCOIN MAXI I'm actually probably not. The real hardcore maxis would reject me because I support monero as well. Calling someone names and shouting in caps is cool if you're 10.
Oh, it's Kax1107, the BIGGEST BITCOIN MAXI of them all. You're among the worst from that sub. The subreddit rules r/Bitcoin has employed create an echo chamber. You can't have open constructive criticism or discuss alternative protocols.
***BECAUSE!!!!*** Bitcoin is open source. It’s decentralized. It’s free market. It trades globally 24/7. It’s permissionless. Its distribution is fixed and predictable. It’s pseudonymous. Verifiable. It’s impairment resistant. It’s a store of value, a currency, and a central bank, in one singularity. It’s full-stack is sophisticated, impossibly simple, beautiful, and looks like something you’d expect of 20-years worth of work from the cypherpunks that gave us encryption. One of the major tenants the well read maxi's preach is that as money is separated from State, the political class gets demonetized globally. This means their ability to make war is over. The military industrial complexes collapse, and all the energy, money, and resources spent there can get redistributed. This is bitcoin's vision of wealth redistribution. The hope is borders fall a bit, and tax levies are impaired enough that only projects of value with transparent accounting get the cut. The hope is because BTC has a habit of appreciating in value, consumer's time preferences get longer, and gone is the mindless nonsense consumerism, and this combined with deflationary pressure of the asset, not only keeps consumer prices equitable, but allows someone working even a menial job the ability to store their work energy in an asset that won't depreciate. So as the internet, blockchains, remote work, and the proliferation of English compose, the centers of power start getting distributed away. It's no longer a world that can even house dictators, or finance surveillance states or afford large scale corruption anymore. Lots of power gets returned to the people and maybe here we unlock our collective value. I'm of the belief as well, that bitcoin lengthens people's time preferences, and does away with their mindless consumerism. Saving money, and having that money maintain its value from 1-5 years or even appreciate, will completely change people's minds and discipline. It's the mindless consumerism which has destroyed the environment and leads to climate change. Nobody will admit that though? It's the mad inflating dollars promoting this. Gov't has to give away dollars in Student Loan Forgiveness, how else can our young adults have a good time? They are lost in the black stuck hole of fiscal irresponsibility. Growth, growth, growth, how else can you outpace inflation? Spend that shit the moment you get it or start losing the moment you don't. Lastly, I'll add bitcoin mining is what will promote green energy to reduce its own liability, and capture energy waste. But mainstream talking points move in 24 hour cycles and innovation takes longer than that type of patience. I HOPE THIS HELPS!!! From a BTC MAXI, Cheers
I skimmed through your reply because it's too long and I'm lazy to read stuff from Bitcoin maxi, but anyway my conclusion from your reply is: ​ 1. Have comprehension issues and can't tell the difference between "*ETH dominance is climbing steadily*" and "*ETH is dominating*" ​ >ETH isn’t even in second!?! 2. Doesn't know how to read a simple statistical chart. Please make a screenshot and draw out how the hell you are not seeing ETH is the second largest mcap coin? ​ >They are now PoS so your boy Vitalik can literally change the network anyway he wants. 3. Have no understanding about PoS, change the network anyway he wants? How about you first address a few entities that control more than 51% of hashrate in BTC can invalidate the chain anytime they want? And Jihan Wu your favourite Antminer CEO is dominating the ASIC miner industry? **ALMOST EVERY BITCOIN MAXI CAN'T EXPLAIN THIS YET THEY CALL ETH CENTRALIZED LMAO.** ​ >with taproot, bitcoin can do the same exact thing as ETH, but on a much more secure and decentralized network. 4. Fluff talk, I'd say SHIB is more secured than BTC without any arguments backing that shit up, but in the end more developers choose to built on top of ETH no BTC. ​ >We need to distance ourselves from this shit 5. This I do agree, you need to be kept in a cesspool with all that half-assed arguments.
Universe is trying to tell to you become a BTC MAXI
SHUT UP MAXI Bitcoin IS CRYPTOCURRENCY!! stop trying to separate the two
(I am fairly noob BTC near MAXI level in bullishness) This is a very Altruistic view, I understand. And corporate giants would go kicking and screaming to allow this without some cost still to the people.. Entertain me for a sec, if BTC costs next to nothing to mine because lets say we have ample NUCLEAR and HQ Solar on every house.(This would take like 15 years + ) Miners increase exponentially. Is BTC value on PoW or because it's tied to the difficulty and costly reality of mining it? (like GOLD)
Here’s one of my arguments if I was a MAXI (I’m only half, I keep 50% BTC): Bitcoin is the most decentralized crypto today, far in front of ETH currently. More value is spread across more wallets and likely people. I think this is a symptom of being the oldest as well. If every currency had the same amount of decentralization, you may even see things like Bitcoin Cash having more value than Bitcoin due to being more efficient. But right now, that’s in the hands of fewer. I’d rather buy more of the most spread out crypto, which protects it more as an asset.
AND....that's based on your mis-interpretation of my post!! Been a BTC MAXI for several years.
Haha I guess I’m a MAXI with gov infrastructure
MAXI FIGHT! I’m just here for the memes.
#REX has built in the staking flexibility that made it essential to have #HEX L2s like #HDRN and #MAXI to scrape rewards, sell, split, transfer, etc. Read the documents if you haven’t already. Comprehensive genius. ➡️ [rex](http://Linktr.ee/Rextoken) #REX $XRX #RIGMI $HEX $HDRN $MAXI
There are MAXIS everywhere man, for everything. People belive in what they want to belive, you just got accept it. Some MOON, some rug pulled, it's the cycle of crypto. (I'm not a MAXI on any coin, i just want to make money)
And that would be a fucking shit show for Crypto as a whole may you be an ETH MAXI or not.
Was he right or was he wrong? Did Vitalik say those things or not? Deflecting from the topic at hand to yell "BTC MAXI!" at someone rather than addressing what was said is ad hominem attack, not argumentation.
>99%, 90% of which productive assets such as HEX stakes and MAXI
Spoken like a true MAXI
Video: Bitcoin Maximus Mashup | Featuring Jack Mallers, Saifedean, Cory Klippsten & Samson Mow | MAXI's Working Over Time To Save Us All From Brandolini's Law | 6/23/2022 https://www.reddit.com/r/Bitcoin/comments/vjmj6e/bitcoin_maximus_mashup_featuring_jack_mallers/
Stages of investing. 1. Know nothing, find a shilled project, fall in love, shill said project. 2. Start to doubt your initial beliefs as you do more research. Find out all projects are shilled with tons of MAXI's. 3. Realize we're all degenerate gamblers who know nothing and anything outside of BTC is a high risk.
bitcoin MAXI 4 LYFE
Because MAXI's man.... Don't dare present a problem with a coin that the majority likes. TBH i sold all my Eth to get something more sane.
Get 38% in HEX stakes. You can now get them encapsulated as erc20 MAXI tokens... see maximus.cash for more info. Immutable smart contracts with no 3rd party risk.
ETH is going to kill all others, in terms of return. YES I'M ETH MAXI.
If that is how you see it. You have a problem, some coins have solid use case that bitcoin cannot solve. And have its own purpose. Being a MAXI doesn't make you cool.
BTC MAXI’S vs ETH MAXI’S arguing who will be the one while im over here buying both!! ![gif](giphy|y0xMQuxWIS8PebmwuJ)
I am a deformed MAXI! Always bad!
What about STRIKE's full-blown MAXI feature of automatic DCA'ing hourly? You can use as little as .50¢ and hour and because it's a Lightning App, the purchases cost less than .01¢ each.
He is the MAXI cult leader. I love BTC too, but you don't have to shit on other decent projects.
Quick get this bleeding heart a MAXI pad!