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What better time for institutions to devour everything before a once in a lifetime economic paradigm shift, then when retail is NOT buying. Lol.
Coinbase and Binance are NOT more secure. They own the custody of your wallets and therefore own your crypto, not you. On a surface level they may appear more secure as they’re a big multi billion dollar exchange but this is simply not the case. My recommendation for personal and private wallets is to use a wallet which utilises 2FA - and just to be more savvy when it comes to sites you’re connecting to and the messages that you’re “signing” with your wallet, as these are typically what gains someone with malicious intent access to your wallet. In the years and years I’ve spent in this space vigilance is key. I’ve had a wallet drained once before and that was enough of a lesson. Best of luck out there.
How is 15k to over a 100k NOT a bullrun. Are you fucking serious??
Your friends and SO are correct. It could go to zero and be totally worthless or go to the moon. Putting all your eggs in one basket is NOT sane. With risk its not just how likely the risk that matters but also how catastophic the result if it does. Its sounds like you've become blinded by FOMO & Greed. Lets hope you are not also becoming a miser too because being old and alone and sitting atop a pile bitcoin is not a life in and of itself.
Someone needs to reread the original [I AM HODLING](https://bitcointalk.org/index.php?topic=375643.0) post. > WHY AM I HOLDING? I'LL TELL YOU WHY. It's because I'm a bad trader and I KNOW I'M A BAD TRADER. Yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a millino bucks sure no problem bro. Likewise the weak hands are like OH NO IT'S GOING DOWN I'M GONNA SELL he he he and then they're like OH GOD MY ASSHOLE when the SMART traders who KNOW WHAT THE FUCK THEY'RE DOING buy back in but you know what? I'm not part of that group. When the traders buy back in I'm already part of the market capital so GUESS WHO YOU'RE CHEATING day traders NOT ME~! Those taunt threads saying "OHH YOU SHOULD HAVE SOLD" YEAH NO SHIT. NO SHIT I SHOULD HAVE SOLD. I SHOULD HAVE SOLD MOMENTS BEFORE EVERY SELL AND BOUGHT MOMENTS BEFORE EVERY BUY BUT YOU KNOW WHAT NOT EVERYBODY IS AS COOL AS YOU. You only sell in a bear market if you are a good day trader or an illusioned noob. The people inbetween hold. In a zero-sum game such as this, traders can only take your money if you sell.
This is 100% propt up, the sentiment is very bad for all cryptocurrencies since DJT, retail is NOT buying, this is absolute manipulation. I suspect Tether/Binance/Blackrock are doing it, you can see that the only ETF that had inflows in the last 2 weeks was blackrock, and it was breaking records, while there was almost no good news and all the other ETFs were bleeding, its not organic in any way.
This is a great post thank you explaining……..I’m late to bitcoin in my early 50s with final salary pension scheme, plus sipp (equivalent) of Roth in uk and a couple of investment properties but recently became very discouraged by rising tax on investments and changing phase of inheritance tax in uk (I don’t think you have this in USA?) From my reading / watching YouTube / listening to crypto 101 podcast for a few months…..Bitcoin in cold storage seems a good way to me to hedge against inflation with all our currencies being continuously devalued by the government printing money, and also potential for some growth I have no idea how much as adoption goes mainstream. At least this is my simple understanding as a beginner in this space. I have sadly only around £10k in bitcoin but I am slowly dca in monthly when school fees mortgage etc is paid My next step I am thinking about is to buy a cold storage wallet as then seems the key advice here Then start buying some mstr in an isa or sipp as in uk we can’t buy bitcoin in an ETF as our government thinks its protecting us!?!! What I am scared about apart from being late to party and would like answered is 1 is the above strategy ok for a uk resident 2 why can’t bitcoin fall to zero, if a better coin comes along…..for example kodac was killed by digital cameras, blockbuster killed by Netflix……bitcoin in my simple understanding is NOT good for making transactions i guess similar to gold…..but is seen as a store of value again similar to gold……what is to stop another electronic store of value not controlled by any government taking over…..or is it now in effect a self fulfilling prophesy in that market take up is so high with institutional investors buying it….therefore will never fall to zero? Sorry for my ramblings…
Zoom out. Plan to hold at least 5 years. DO NOT sit on the sidelines for another 5 years and then regret it. Buy now, hold for at least 5 years, with money you’d be OK losing. Enjoy life in the meantime.
There is a huge difference between the best and the worst You are not totally safe. You should NOT, however, rush to change anything. Keep reading posts here on this topic (there are a lot.) When you are ready, upgrade from Tangem.
When you went to buy a coin, DO NOT BUY THE COIN DIRECTLY with your bank. Buy USDC and then buy the coin you want via Advance Trading. The fees are tiny
This is a Pig Butchering scam. It is well documented. DO NOT FALL FOR THIS SCAM! THIS IS CALLED "PIG BUTCHERING SCAM." https://www.reddit.com/r/eos/s/L7NtiGvL4l
So your argument that EU is NOT going to require wallet registrations is that your country, a major EU member, already REQUIRES such registration? Hm.
don't lie to yourself. I'm a believer in BTC but it is NOT hitting 5 billion this century even with hyperinflation
What exactly risks are there on an Exchange account. I want someone to tell me because 99.9 % of the Coinbase " F ups " are user errors. What Noone has told this person but me is , before you get a wallet KNOW HOW TO USE IT CORRECTLY ! Once it's gone from there, it's gone forever. Yes, on the exchange, it's NOT YOUR CRYPTO. But , the major exchanges have a vested interest in not losing their assets. So I asked in the coinbase form how many of you actually lost money, and it was their fault. 99% had no issues with Coinbase. And many have quite a bit of money on the exchange account. There are no rugs , honeypots , or any other scam coins or tokens for sale . They are weeded out before they get on an exchange and get kicked off if they do not keep standards up. That's just my opinion. I have one , but it took a long minute to figure out how to use it without mistakes.
> my thesis Hopium is not an investment thesis. Inversing /r/cc is not an investment thesis. You continue to be WRONG and COPE > ETH gains are back on the menu boys (Nov. 27, 2024) $3,600 https://np.reddit.com/r/CryptoCurrency/comments/1h1ge42/ethereum_price_breaks_3600_flashes_signal_that/lzbdr3b/ > ETH fudders in fucking shambles (Nov. 27, 2024) https://np.reddit.com/r/CryptoCurrency/comments/1h1ge42/ethereum_price_breaks_3600_flashes_signal_that/lzbe29o/ Every ETH Maxi thinks ETH will go to $10K but NOT one single ETH Maxi has been able to adequately answer 1 simple question I've been asking for months > **Who is buying ETH for $3,000+? That is insanely expensive.** Plus, insiders, developers, VCs got a ton of the supply for essentially free and have oligarchical privilege to print their own ETH for free and dump until perpetuity. And what does ETH even do? It's only a token in a digital casino and there are plenty of alternatives including subsidiary L2s and other cheaper casinos. > ETH maxis might call BTC a pet rock but that pet rock has established itself as digital gold. Institutions like Blackrock, Fidelity, publicly traded companies like Tesla, Microstrategy, Block, insurance giants like MassMutual, diverse secularized funds like Guggenheim Macro Fund, and billionaires Peter Thiel, Paul Tudor Jones, Stanley Druckenmiller, Bill Miller, not to mention nation states all hold and/or are buying huge amounts of BTC either for themselves on on the behalf of their investors. > **Who is buying ETH at $3K to make significant moves to a $400 Billion marketcap asset?** > https://old.reddit.com/r/CryptoCurrency/comments/1gujmk1/daily_crypto_discussion_november_19_2024_gmt0/lxzks6h/ Historically, BTC is what gave ETH value. BTC is what brought ETH capital, if you're new to crypto you've got to grasp this fact instead of cheerleading a failing investment > *"Bitcoin, because to me it seems like it's nothing more than a pet rock."* > That pet rock is what gives ETH and Alts value. ETH doesn't attract money and appreciate on its like all Alts; ETH ONLY appreciate and attract capital after money flows into BTC and flows out seeking more profit. > - Summer 2017, ETH hits ATH of $400 after BTC hits local top of $3,000 > - January 2018, ETH hits ATH of $1,400 after BTC hits cycle top of $20K > - May 2021, ETH hits ATH after BTC tops out in April 2021 > - Nov 2021. ETH hits ATH in December after BTC tops out in November 2021 > It's always BTC parabolic gains seeking profits and attracting attention and capital to the crypto space is the cause of appreciation. ETH is a Network Utility Token. That is all ETH is. It's competing with a many competing network utility tokens and many networks and L2s. These networks are increasingly going to be rails for stablecoins and such (97% of RWA are just stablecoins) and in order for the network to remain competitive they need to remain cheap. ETH is utility of being a rail for tokenized assets doesn't give it a $500 Billion marketcap -- ETHs value is derived from the money and investors that the pet rock brings. > https://np.reddit.com/r/ethfinance/comments/1gq6ahm/daily_general_discussion_november_13_2024/lwyql0m/ Now that BTC money flow to Alts has gone to a trickle......so how is ETH going to attract money? > The market is changing: ETFs, MSTR, etc account for a lot of the inflows. This money is not going to leave BTC seeking greater return on Alts (Nov. 13, 2024) https://np.reddit.com/r/ethfinance/comments/1gq6ahm/daily_general_discussion_november_13_2024/lwymxl9/ > Be careful of people telling you this cycle is playing out exactly the same. ETFs, institutional and mainstream involvement, memecoins, L2 options and ETH competitors, it's very different (Nov. 19, 2024) https://np.reddit.com/r/CryptoCurrency/comments/1gujmk1/daily_crypto_discussion_november_19_2024_gmt0/lxyt5pw/
1. Trolls trolling for karma 2. People just hate whatever doesn't apply to their "investment strategy." There are people who hate dividends "It's just putting money from one pocket to another" There are people who hate ETFs "Just invest in the underlying stock" There are people who hate mutual funds "I can't transfer shares between accounts with mutual funds!" There are people who hate options trading "You're just gambling you degenerate" There are people who hate meme coins...See above Stop paying any attention to what people say how you should invest. If I've learned anything its 1) Stick to your gut feeling and 2) DO NOT listen to your friends for investment advice....god why did I buy into AMC years ago, I knew that shit wasn't gonna run a second time lol.
This isnt "including digital assets", this is allowing institutions to profit off of dogshit that supposedly is linked to crypto. ETFs do NOT help crypto, they help banks.
I would never try to convince anyone to NOT buy Bitcoin. This generation will have the privilege to maybe own one. Or 0.1 of one. Eventually it will be out of reach for almost everyone. 10 years from now, people will think back on these times and wish they started investing.
If that's all they do with it, than fine, stick with the convenience. But the real answer is that it does NOT serve the same purpose. It is not losing 3+% (if only) of it's value per year, it is not under the control of a government that has self interest at its core, nor can they print more of it out of thin air to serve that self interest, and if used properly, nor can they seize or freeze it from you. It is borderless, permissionless, and publicly auditable and open source to anyone with an internet connection. It is 24/7/365; it can be bought, sold, transferred at any time, from anywhere. And when speaking of Bitcoin and few others, it is completely decentralized with no one individual, group, or company controlling it. Rules, without rulers. Depending on the person you're talking to, some of that can be left out, but even that whole paragraph can be said in less than 30 seconds.
You might be surprised to learn that Trump is no longer allowed to run a charity, due to fraud. He also was convicted of 34 counts of felony fraud. The way fraud usually works is someone convinces their stooge that they are NOT a fraud, even though to any objective observer, the convicted fraudster is not indeed honest. He seems sincere this time though
No… no no no… I would NOT recommend a meme coin as a long-term investment… You will see analysis on YouTube telling you just about any coin could skyrocket, and that will get truer and truer through the end of this year… You’ll hear about the supercycle (bull run that keeps going instead of crashing at the normal time in the cycle). When you hear that from mainstream news? Lie… it’s a lie… If you have no clue what you’re doing, have $25K and want to put it into something long term for your child: $BTC… I don’t hardly hold any Bitcoin right now, but that is HIGHLY related to the context of the situation I’m in, and I’m being risky… But after this cycle? I’ll dump almost everything over into Bitcoin… $BTC… Also, just FYI: while Donald’s behavior and other factors have thrown things way off this cycle, I still think it should pull through. But if we see the bull run this cycle come into full swing, just be aware, that means a crash most likely early next year… happens every 4 yrs… so just prepare to hold through that… What you could do is dollar cost average… just once a month maybe, put $1K into BTC once a month…
There is just a ton of misinformation this subject. The change itself is a nothing-burger but the misinformation campaign is quite concerning. Since 2014 bitcoin has had a facility-- opreturn-- that allows embedding unrelated data into transactions in a way that causes less harm to bitcoin than the thing people were doing before it. It has a side limit which we put in so people wouldn't mistake it for a permission slip to stuff in lots of stuff. Since then people changed how they put data in, and do so via an entirely unrelated means. Moreover what limits there were on that were completely removed by miners because the people embedding data pay the miners and miners like being paid. The same miners also bypass the size limit on opreturn. So the opreturn limit doesn't do anything to prevent spam today. The limit has some negatives-- it encourages direct relationships with miners and the mismatch between blocks and node mempools messes up block propagation (contributes to centralization) and makes it so you can't look at the block your node would mine to tell what fees should get you in to the next block. Also, for people who want to put data in outputs still they just do it via 'fake addresses' which are unprunable and bloat up the utxo set. Bitcoin was designed to take advantage of the nature of information, that it's easy to spread and hard to stifle. Transaction filtering only works if *everyone* blocks it, and that only works if the target is poor and/or not determined. Fortunately, Bitcoin has a limit on the maximum resource uses for blocks, and people bid for that block capacity-- so it's absolutely not cheap to store data in Bitcoin. Anyone who does it has some reason that they think is good (although you or I might disagree). This particular change shouldn't change the situation with 'spam' on Bitcoin, but some people are using the fact that developers aren't blocking spam (because they believe that can't anymore now that miners eagerly accept it, and they believe trying would only be laying out a roadmap to censor transactions generally) to make a lot of fuss about this... and falsely claiming that the developers like NFTs/shitcoins when that couldn't be farther than the truth. Saying you can't stop something and the effort to try would only cause worse harm is NOT the same as liking something. And it doesn't make sense to oppose a beneficial change because you want some other (seemingly impossible) outcome that is largely unrelated.
First, this is a thread from 2019. If you do not have anything more relevant, I think this can be safely ignored. Second, these "spam filters" do absolutely nothing useful except, may be, protect sorely underpowered node from some kind of spam spike, and even then I am not sure. The definitely do not prevent spammers from putting anything they want into OP_RETURN and, of course, they cannot do anything with spam which bloats UTXOs as unspendable outputs, but they slow block propagation. Removing them is a good idea. Third, the value of Core does not lie in market share, as if thre is real issues people are perfectly able to switch to fork, and forks are trivial to create. The value comes from established development process - both from technical and organizational standpoint - automated tests, all kinds of static analysis, CI, signing releases etc, and lots of people, reviews and discussions. And this is important, because it ensures safe and reliable work of the whole system. Setting up such things takes at least hundreds (more like thousands) of man-hours, and Knots cannot even remotely be compared to this. TLDR: as long as possible DO NOT switch from proven software with the development process hailed as one of the best in the world to the one-man fork, especially for completely invalid reasons.
Preying on every day people? Who gives a fuck if 20 years is effectively a death sentence? That's not how justice is determined. You fucked people over bad you should get fucked over even WORSE than that yourself. First because he acted willfully and by choice. It shouldn't be some kind of "break even" situation. And one year is NOT a break even it's a slap in the face to the victims. Second, there has to be a penalty big enough to deter others. One year, IF you get caught? Probably 10 million people out there that say"I'll take those odds! " Probably MUCH less would take the odds if it was 20 years. And remember that these are people willing to take the odds if they can get away with PREYING on people. Spray with something that smells real nice, put him in a cute little tennis skirt, and THROW HIM IN THE FUCKING SLAMMER.
I don't think people understand this post or the tweet source behind it. Blackrock ITSELF has been buying IBIT as a part of of asset allocation in its model portfolios. Of course, investors are the ones who put money and invest in it's model portfolios but Blackrock are the fund managers who choose what to invest in and the asset allocation. Blackrock active fund managers are buying and choosing to allocate a percentage of holding in these funds to Bitcoin. This means, Blackrock believes in the Bitcoin investment thesis. $314 is really not a very significant number but Blackrock's endorsement of Bitcoin as the industry leader illustrates that the industry of fund managers are starting to slowly accept Bitcoin as a an alternative long term investment. ETH Maxis continue to shill BlackRock tokenizing its funds onchain (on Ethereum and other chains) but NOT ONCE has Blackrock endorsed ETH as an investment and Blackrock has NOT allocated to ETH on a SINGLE one of its model portfolios. > In a note, Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite wrote: "In portfolios that hold alternatives, we are adding a position in Bitcoin, funded from equities as an additional alternative asset with a fixed supply, with a potentially diversifying source of risk and return." > "We believe bitcoin has long-term investment merit and can potentially provide unique and additive sources of diversification to portfolios," Gates wrote in his note. https://www.etf.com/sections/news/blackrock-adds-spot-bitcoin-etf-ibit-model-portfolios
dude, what the fuck are you talking about ? BTC has had a mega-rally. ETH did NOT follow due to a lot of bullshit going on with the ETH foundation and that's why there was no alt season. All alts are tied to how ETH performs.
If you are looking for a quick buck, just stop now. In order to make really money, you need to get in early and stay late. If you sell now, you are leaving early. Buy and hold. Buy all the dips and get your cost average down. Dont buy anything you don't research. And instead of selling something, just hold and start buying somewhere else. ONLY SELL OK, HIGHS NOT LOWS.
What happens if I create a shitcoin on Pumpfun and.... NOT rug it ?!!
lol. BTC has no Risks, BTC is bulletproof, BTC will save the world, BTC is not vulnerable to technology that HAS NOT EVEN BEEN THOUGHT OF YET, BTC is not affected by policy....... Anyone seeing signs of the top of the cycle yet? lol
It's not going to happen overnight and instead will be a gradual process. I also don't see there being some mass panic where everyone draws equity from their assets that is thrown into BTC. Over 90% of the supply is held by wallets that own 1+ BTC, which based on what we see is roughly 1 million addresses. I know this isn't exactly individuals, but the idea is that almost all of the supply is held by a very small number of entities and individuals. By 2032 roughly 99% of the supply will have been mined. Meanwhile, ETFs, Michael Saylor and soon governments will start accumulating. As I'm writing this, the majority of the real estate in America is held by boomers, they as a collective also hold the majority of the wealth in the country. This generation does NOT understand BTC and is very unlikely to pull equity out of their assets and throw it into BTC. Meanwhile, Millennials and Gen Zs that may be open to accumulating are too damn broke to really do anything about it lol. The overwhelming majority of people have no interest in BTC/crypto even now. The average person is risk adverse and financially illiterate. I personally just cannot see a scenario where a mass panic occurs.
I’m a little nervous reading that you don’t even know what “open source” means, that suggests you might need help setting up your hardware wallet and moving your funds. I recommend learning more or getting help from a real trusted person before transferring everything. You know you can lose the funds doing something wrong. And yes, IMO Trezor Safe 3 or 5 is the most "user friendly" app/device and YES, DO NOT BUY IT ON AMAZON.
On mental health, I agree. But I'm used to it by now, and expect a drop after I buy anything. I'm shocked when it doesn't. When an asset is going up quickly like BTC, DCA does NOT help your cost basis.
So many people here missing the point. You save so that you don't sweat the small expenses. You keep saving and you don't sweat the bigger expenses. You're not just sitting on wealth, you're sitting on a sense of security that many people cannot even comprehend. The fiat money system has you so programmed to spend that you cannot understand why anyone would NOT spend. Shame.
I kept waiting for him to hold up his\* cold wallet and accidentally\*\* drop it overboard. \* not his actual wallet \*\* totally NOT accidentally
You came to a bitcoin forum asking if bitcoin goes up. My words are not that far fetched. I recommend you spend some time studying bitcoin before considering buying any. If you don't understand bitcoin, it could cost you dearly and you WILL lose money by selling in a bear market. Bitcoin is NOT for the frail.
Either that or a hexadecimal private key on the back. This is how it looks like (example from the bitcoin wiki) E9873D79C6D87DC0FB6A5778633389_SAMPLE_PRIVATE_KEY_DO_NOT_IMPORT_F4453213303DA61F20BD67FC233AA33262E9873D79C6D87DC0FB6A5778633389_SAMPLE_PRIVATE_KEY_DO_NOT_IMPORT_F4453213303DA61F20BD67FC233AA33262
First mistake: invest. If you want to do anything with that $50, you my boy are NOT investing. You are trading. Read some guides on memecoin trading and I’ll see you in the trenches. - insert sniperoo shilling here -
The same guy who said NOT to buy BTC?
I’m with you It’s too late to leave your computer running overnight and 15 years later be a billionaire but that’s not what bitcoin is anymore, it’s NOT too late to take whatever “money” your government pretends is real and turn it into real money
A bank making its own currency is NOT a Central Bank Digital Currency. JPMorgan Chase has a stablecoin already. Others may do as well (I haven't kept track). A CBDC is a currency issued by the CENTRAL Bank (eg the Federal Reserve, or the Bank of England). People don't like CBDCs because they're linked to the government, which lots of crypto people inherently distrust because they're ideologically Libertarian. I do think CBDCs could possibly be safer than private stablecoins, but that's because governments can legitimately print money to fulfil their obligations, unlike private companies which have limits on how they can create money.
I should have said rule two applies aswell 1 You Do Not Talk About Fight Club. ... 2 You Do NOT Talk About Fight Club. ... 3 If Someone Says "Stop" Or Goes Limp, Taps Out, The Fight Is Over. ... 4 Only Two Guys To A Fight. ... 5 One Fight At A Time. ... 6 No Shirts, No Shoes. ... 7 Fights Will Go On As Long As They Have To. ... 8 If This Is Your First Night At Fight Club, You Have To Fight.
> Just look at Blackrock's BUIDL fund Yes, lets look at Blackrock's BUIDL Fund. ETH is down -50% since mETH Heads started shilling the BlackRock BUIDL shilling started 1 year ago and mETH Heads started smoking hopium talking about the number of transactions that were about to flow through... > *"BlackRock unveils crypto fund first with $5 million minimum"* > And it’s right on ETH. **Can you imagine the number of transactions about to go down?** https://np.reddit.com/r/CryptoCurrency/comments/1bkm1u1/blackrock_unveils_crypto_fund_first_with_5/kvzup2u/ There have been ~4,800 total transactions over 1 year. At the current rate, the transaction fees collected would something like $800. So all that Blackrock brought was $800 in fees for 1 year. https://etherscan.io/token/0x7712c34205737192402172409a8F7ccef8aA2AEc When you smoke mETH you might not realize that this is intended for institutions to self-custody assets. It's NOT for trading. 75% of all trades all algorithmic, High-Frequency (HFT) trades. The last few years, there have been improvements in things such as hollow-core fibers to try to improve systems by nanoseconds for trading systems to gain advantages. Do you know what a nanosecond is? A nanosecond is a billionth of a second. What blockchain can process transactions at that speed? Assets that are intended to be traded need to be available to be traded at these speeds, *there isn't any blockchain that has anywhere near this type of capacity.* The idea that all world assets are about to be tokenzied and massively traded on blockchains is hopium. Ethereum is just a rail for tokenizing for institutional self-custody. Blackrock are not investing or buying ETH. And since a year ago, Blackrock has put BUIDL on Aptos, Arbitrum, Avalanche, Optimism and Polygon. And Blackrock is not building anything on any of these blockchains. It's just tokenizing assets for institutional self-custody and these blockchains are just rails NOT investments. > EthereumAdoption You cannot point to ONE SINGLE large corporate purchase of ETH by corporations, institutions or billionaire investors. You are misleading noobs and gullibles with ETH meme investing thesis in the past like the **Ethereum Alliance of businesses** that would lead the whole world to build on Ethereum. Or Ethereum hype about **gaming giants** coming to Ethereum. Very irressponsible shilling leading people off a cliff to losses. > Gaming Giant Ubisoft announces their first game on Ethereum https://np.reddit.com/r/CryptoCurrency/comments/14okrbd/ubisoft_announced_theyre_releasing_their_first/ > Grand Theft Auto' dev Take-Two's first crypto game launching on Ethereum https://np.reddit.com/r/CryptoCurrency/comments/1712q12/grand_theft_auto_devs_first_crypto_game_doing_a/
Do NOT transfer every $20 because that creates many UTXOs and you don't want that. Wait until you accumulate 0.01 BTC (around $1K at current prices).
LOL sell if you want strategy or XXI to hold those coins for you. They're buying as much as possible and NOT selling. What do you think that means for retail of we get complacent...
So, tariffs will resume in the end of July. Judging by the successful Trump's negotiations and all these awesome deals NOT being achieved, we definitely are in danger. China is just a cherry on top of a tariff pie. So far the outlook is grim.
Unemployment will rise, but the Fed doesn't need that to lower rates, though, IMO. My favorite heretofore privately held conspiracy theory is that the Fed knows BTC is a sponge for excessive dollar & bond liquidity. It gives them confidence that they can inflate. They'll print and QE and make deals with other countries NOT to sell our bonds. All crypto will pump, Nasdaq will pump (after another short, orderly crash), smart money will move to basic materials and hard money.
Dont get fooled into the ALT trap. There can only be one. BTC. I initially bought 8 btc in early 2017. Squandered it down to basically nothing by 2022 in leveraged alt gambles. Just stack sats. DO NOT BUY INTO ALT MANIA AT YOUR OWN RISK! Best of luck and welcome to the club!
A few good wallet choices: [https://blockstream.com/green/](https://blockstream.com/green/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. Lightning wallets to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill or LN Pizza [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys Hardware Wallets (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
Start by tracking where your money’s going, budgeting is the first step to taking control. But also, don’t sleep on what’s brewing in the crypto space, especially on Telegram. Games like CATI, NOT, and DOGS have already shown what’s possible. And with projects like Boinkers, Blum, Paws, and SWITCH gaining momentum, it’s worth doing your research and following your instincts. Hidden gems don’t stay hidden for long.
Honestly, there is two sides to this you should consider. 1. Trump coin is absolutely NOT dead. Trumpcoin will be relevant as long as Trump himself is relevant. Any time he does something the market likes, it’s generally very high chance his coin will spike, probably more than the rest of the meme coins out there. It’s a political coin after all. 2. You absolutely should not be trading in meme coins if you are a first time trader. You will lose money and crash out. Maxi in the big 3 and nothing else. It’s not uncommon for crypto veterans to completely ignore alt coins entirely and just bank bitcoin every month. 3. Yeah, just a reminder. Don’t deal in meme coins. But since you’re already in a position with $Trump, I would hold, and wait for number to go up, sell for profit, and go put that money into bitcoin.
Sir/mam, if you cannot immediately tell that you should NOT trust this (or any other) trading bot... I have a rock to sell you! Introducing the Super Rock! This rock is the next Gold! Guaranteed to make you rich! Just DM me your CC details and I'll send you the Super Rock express! /s
Good question. Short answer: pruning. Turns out you do NOT need to keep the entire blockchain around on your computer forever. Once you've validated a block you can pretty much delete it. The data you DO need to keep forever is called the UTXO set and it is the real ledger. It's a list of all bitcoins that exist. If someone tries to send you bitcoin you don't check the blockchain to see if it's real you check the utxo set. A lot of the data referred to as "spam" in these discussions is being saved forever in the utxo set. What the bitcoin core developers want to do is just leave it in the blockchain where it can be deleted.
Harder but NOT impossible! 😁
Just accumulate weekly. Don't care about price to much. Stick to the following math: Every $1 you invest will turn into - $10 in 2 to 7 years - $100 in the next 12 to 17 years. Your future self will thank you. I sure thank my past version for having decided without looking back. I started by buying in chunks of 50 to 200eur back in early 2017. Now, our net worth is 98% bitcoin and I could easily retire today. P.S.: I keep buying religiously every week. 90% of my monthly income gets invested into BTC. I keep not looking back. P.S.2: make sure to get a cold wallet and self custody your BTC. DO NOT LEAVE IT IN AN EXCHANGE. NOT YOUR KEYS, NOT YOUR BTC.
Ok you want a take that's not based on price? Ethereum is THE bedrock in which memecoins and shitcoins worship and thrive on. Erc20 created tonnes of Ponzi-like rugpulls that would have made Maddoff cream if this was available in his life time. Shitcoins actively try to copy Eth's EVM for no reason, like BCH wholesale copying the EVM because it's cool to chase the NFT craze or the ERC20 craze. Not only that, these contracts ALLOWS you to run authority-jacking code to steal whatever they want from the users. 99% of users don't even understand how to read code, how do you think this could form as a basis for digital money? lol. Look I'm not saying we can't have NFTs and tokens, I'm not saying digital contracts are bad... I'm saying ethereum's implementation and all of its clones chasing it is a complete joke. None of them have set out what they tried to achieve - SMART contracts. Manupulating authority through the contract script is NOT smart. So many people are losing their crypto to malicious contracts, because they can't read it. In normal computing terms, they're called fucking viruses. I haven't even gone into ERC20 freeze functions, what the fuck is this authoritarian bullshit doing in crypto? NONE of this can happen in traditional Satoshi-style blockchain shitcoins - somehow they're all better than ETH just by pushing the Bitcoin Xerox button. You couldn't have engineered a worser crypto. Safe to say, at this point ETH really is a shitcoin. It's ideas of a fully Turing complete crypto were novel at the time, but it's clearly failed, and so will every other "smart" contract crypto because of this ONE PRINCIPLE REASON: users can't read code.
Nobody cares about today’s movements. We’re all HODLing for decades, and have been already for years and years. Today’s price DOES NOT matter. Zoom out and DCA any leftover fiat. Then go outside, turn off your phone, and enjoy life while you’re young and healthy.
Earning my first money while NOT knowing about Bitcoin. But I remember hearing a long german podcast about it in 2011, and I did not buy anything either so... we are still early. But not THAT early.
0.1 BTC is a good amount of savings, but is NOT life changing money, stop believing your infkuencer telling you that, when btc reach 1M - $100 k will be like 40k purchasing power today, and yes, im a +8 year bitcoiner
Sure. But being rude does NOT give the bank the right to refuse him his own money.
Do NOT do anything. It's possibly a scam, and if you send it back you could end up actually losing $6K. Leave it on the exchange, let the exchange do whatever it wants to do with it. I almost guarantee you that it will be reversed. If you send it back, you will end up in trouble because they will reverse it, the scammer will get their $6K, and you will lose $6K because that will be reimbursed to the original person who got scammed. It's how it works. Be careful out there. And if you get a nice airdop, that you don't know anything of, do NOT interact with it, do NOT move it, do NOT sell it. Leave it in your wallet. It's likely a honeypot or wallet drainer. So many fucking crypto scams these days. BEST ADVICE: SIMPLY DO NOTHING!
are u gonna post your bank accounts next + stock holdings ? why would u post this in public ? Rule Nr 1 in Crypro: Do NOT flash your holdings around Rule Nr 2 in Crypro: Refer to Rule Nr 1
The more you learn the easier it is. It becomes hard to NOT be largely allocated. I was happy as SHIT it went down into the 70s. I did a fucking $15k rollover into an IRA and have another $15k loading right now. Multi cycle hodler. NEVER sell your Bitcoin unless it's a complete emergency or you will end up hating yourself. It' literally the only mistake people make in here; selling
Sounds legit, but DO NOT move it anywhere *but* a hardware wallet that YOU hold the keys to (12 or 24 words). Research hardware wallets because, and not to scare you, overall it is not safe to leave Bitcoin on Coinbase long term. Exchanges are 100% uninsured and they do not even have to buy the Bitcoin you gave them money for unless you withdraw it to a hardware wallet and take actual possession of it. **Baby steps though, you are on the right path! Study study study** Also, Jade is a fantastic and very easy to use hardware wallet. I have used a handful of different one and that one is best for beginners. The cool thing is; once its in your wallet **NO ONE CAN EVER TAKE** **IT** from you. Literally no one. Ever. As long as you keep you 12 or 24 words safe and offline at all times.
This post hits harder than a jeet’s sell button during a 3% dip. Anarchy is NOT just cooking , it’s serving a full-course banquet with a side of napalm. +200% is just the f***ing appetizer. This community is a war machine. Telegram is pure cult energy. Supply is vanishing like free stimmy checks. $1M burned at launch. NFTs that actually slap. No dev rugs, no KOL shills, just trench-born savages building from the mud. If you’re still out here chasing cat coins with no soul, you’re gonna miss the last rocket out of the sewer. Get in, hold tight, and ride this thing into crypto Valhalla. This is Anarchy, baby , and we do not f*** around
Download bitcoin wallet from electrum.org to your own PC or laptop. Its safest pc wallet yet. Don't use google. Write as is to your browser adress bar. Make sure your pc is safe. If you're not sure, format it. Then connect HDD to your PC. If it says "you need to format, disk corrupted" or something else, DO NOT format it. If disk is corrupted, it can be salvageable but not guaranteed. I hope its in good condition. If it works as normal: - Find bitcoin adress keys, write those keys in plain sheet. Do not store them in any digital storage, like laptop, cloud, phone etc. - Open electrum wallet, select import wallet, write keys there, - You can send them to your wallet or exchange account, - Make sure dont send them altogether. Send test amount first.
yep whatever you do DO NOT accept any dms and do not follow any advice given to you that leads you to an email/phone number/website of some sort
"Ask an ai" is fucking terrible advice. Artificial Intelligence IS NOT INTELLIGENT. If you don't know enough about a topic to know when the AI response is wrong, you shouldn't be using AI.
Ignore your DMs. Those are all scams… (you’re about to get blasted w DMs). So compile the responses from here. Get an overall good idea of the layout of how this will work. Copying the files etc. cross reference these responses/order of operations with other posts and some YouTube’n But for the love of God… DO NOT reply to a single DM
ok, sorry, i was not clear enough: 1. saifedean has no grasp of austrian economics. for him inflation = increase in money supply, but deflation = decrease in prices, NOT money supply. that's not a question of framework, that's a contradiction 2. austrian view on money creation is completely contrary to the "bitcoin standard" view. 3. i was not talking about low interest rates. 4, 5. while i agree that the iou point is his argument, it is historically wrong. world went from gold to ious and back to gold several times, it's just inconvenient. tech: in my opinion Saif does not understand how nodes work, and why scaling is difficult (the whole point of the block size limit). i would argue that it is very dangerous for beginners to use that book. it would be like studying physics on a book written by hegel. there are many great books on bitcoin, austrian economics and the history of money. The bitcoin standard is not one of them.
ok, sorry, i was not clear enough: 1. saifedean has no grasp of austrian economics. for him inflation = increase in money supply, but deflation = decrease in prices, NOT money supply. that's not a question of framework, that's a contradiction 2. austrian view on money creation is completely contrary to the "bitcoin standard" view. 3. i was not talking about low interest rates. 4, 5. while i agree that the iou point is his argument, it is historically wrong. world went from gold to ious and back to gold several times, it's just inconvenient. tech: in my opinion Saif does not understand how nodes work, and why scaling is difficult (the whole point of the block size limit). i would argue that it is very dangerous for beginners to use that book. it would be like studying physics on a book written by hegel. there are many great books on bitcoin, austrian economics and the history of money. The bitcoin standard is not one of them.
as long as it wasn't a spoofed coinbase and verified with Coinbase.com. Do not send your funds anywhere! Keep it on the exchange until/if you buy a external hardware cold wallet. Now to the fun part, If it were me personally, I would lead that scammer on telling them you did as you were told and transferred the funds to your coinbase wallet (BUT NOT ACTUALLY DOING IT) to see where they were going with it. I'd act nieve and tell them I decided to move $50,000 on there to really get them salivating to ultimately waste their time and then punish them at the end. But to each their own lol.
Just keep stacking BTC at whatever increment you are comfortable with and tell nobody in real life or online, probably online especially. Coinbase is fine but learn some more and you will understand the phrase "not your keys, not your coins". EVERYTHING ELSE ON COINBASE IS GAMBLING DO NOT BE FOOLED. There are successful traders and some degenerates that get lucky but if you're this new you are not a trader and most traders earn their marks in the traditional market. I am far from a pro but have as many losses as I have wins. I don't want to discourage you from learning more about the markets, economy and the whole mess that it is. It can be highly educational and translate to many aspects of life and how you approach purchasing things as little as produce to a new car. This all seems a little suspect but if you choose to move forward learn how to set stop losses ASAP. And remember nobody literally NOBODY knows if the price of ANYTHING is going up or down.
Learn about self-custody and then self-custody your Bitcoin so that you can truly own it. Trust me DONT NOT GET RID OF YOUR BITCOIN BUY AND HOLD IN COLD STORAGE WHERE YOU TRULY OWN IT AND TAKE CARE OF YOUR SEED PHRASE BY BUYING A STAMP SEED OR BLOCKSTREAM METAL PLATE. Thats a great solid way to start
For the moment, keep it where you bought it… learn about all the possible scams/pig butchering stuff, be sure to pay attention to details! Learn about what Coinbase do, learn what a hardware wallet is… you have an asset now, spend at least 2% of it to secure it (time and money). Do the above stuff for 100 hours and you’ll be safe and continue to stack. DO NOT GAMBLE! Once you’re ready, create a DCA schedule and you’re set for life!
block them and disappear. DO NOT TRANSFER YOUR FUNDS for any reason, stop listening to them NOW, for your own good! Keep it safe on the exchange, until you learn about cold storage on an external device, (e.g. Trezor, Ledger, Etc.) Did you use a verified and credible exchange to buy your BTC? Stay safe and question everything, including me lol.
Dying on a hill is actually really painful These people simply will NOT pick up a book though They would rather watch Bitcoin be adopted and go past $1M before letting themselves think for 1 instant that they were actually wrong. Bitcoiners are the type of people who NEED to study things for themselves and can admit they were wrong afterwards. It's not a common trait. This is why Bitcoiner's fall heavily into the following Meyer-Briggs: * **INTJs/ISTPs** for system design and technical rigor * **ENTPs** for outreach, evangelism, and argument * **INFPs** for the ethical or humanitarian appeal of Bitcoin
Why NOT coin join - because it might be a waste of time and effort if you have to sign an affidavit later saying you don’t have the bitcoin anymore and then they somehow catch that you do and you go to prison for perjury. And if you’ll never be in that position defending you don’t have it, then again, why bother. There’s different sites for non kyc, I haven’t looked to closely into it. If anyone was close to me I’d buy some and sell it to them lol I was even debating finding a site to advertise this. I can even run it through a few addresses. I don’t think there’s anything illegal about that, I’d meet them at a bank or police station or something.
>I honestly don’t know where to start. We all have been where you're at, read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late. ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money book. Get them and READ them both, please. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick and read this short guide, please: **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Bitcoin to me, is a savings account. If I have some spare cash, I exchange it for sats. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting. Now, don't buy a fake Bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. A few good wallet choices: [https://blockstream.com/green/](https://blockstream.com/green/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. Lightning wallets to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill or LN Pizza [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys Hardware Wallets (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
Even if the onus is on you to swear you don't have it anymore, why NOT conjoin? Also, how do you buy BTC off someone? I mean how do you find people wanting to sell peer to peer?
This is getting tiring. Are you really this bad at basic math? John wants to exchange 100000 ARS for Bitcoin. Your exchange says the exchange rate is 1500000000 ARS : 1 BTC, with a 0.05% fee. John trades 100000 ARS for 0.00006633 BTC, paying 50 ARS in fees. Julia wants to exchange 100000 ARS for satoshis. Your exchange says the exchange rate is 15 ARS : 1 sat, with a 0.05% fee. Julia trades 100000 ARS for 6633 sats, paying 50 ARS in fees. John paid 50 ARS to turn 100000 ARS into 0.00006633 BTC (6633 sats). Julia paid 50 ARS to turn 100000 ARS into 0.00006633 BTC (6633 sats). Using satoshis DID NOT cut the cost of commission fee. Using Bitcoins DID NOT make the price of the exchange higher. Using satoshis DID NOT cut the price for us and them to exchange their currency.
Well, all the other coins are scams so... Also, make sure not to leave your BTC on Coinbase. That does NOT contribute to the price and you do not own anything until you withdraw it. **Anyone reading this who doesn't want to hold their own keys; just buy the ETF so it actually affects the price positively.** Eventually, you WANT to have some in cold storage.
ETH is down -50% since the BlackRock BUIDL shilling started 1 year ago and people were talking about the number of transactions about to go down... > *"BlackRock unveils crypto fund first with $5 million minimum"* > And it’s right on ETH. **Can you imagine the number of transactions about to go down?** https://np.reddit.com/r/CryptoCurrency/comments/1bkm1u1/blackrock_unveils_crypto_fund_first_with_5/kvzup2u/ There have been 4,737 total transactions over 1 year. At the current rate, the transaction fees collected would something like $800. So all that Blackrock brought was $800 in fees for 1 year. https://etherscan.io/token/0x7712c34205737192402172409a8F7ccef8aA2AEc This is intended for institutions to self-custody assets. It's NOT trading. 75% of all trades all algorithmic, High-Frequency (HFT) trades. The last few years, there have been improvements in things such as hollow-core fibers to try to improve systems by nanoseconds for trading systems to gain advantages. Do you know what a nanosecond is? A nanosecond is a billionth of a second. What blockchain can process transactions at that speed? Assets that are intended to be traded need to be available to be traded at these speeds, *there isn't any blockchain that has anywhere near this type of capacity.* The idea that all world assets are about to be tokenzied and massively traded on blockchains is hopium. > Why do you think Blackrock avoids any and all mention of ethereum, despite being it's current most worked-on asset? Because Ethereum is just a rail for tokenizing for institutional self-custody. They are not endorsing ETH as an investment. And since a year ago, Blackrock has put BUIDL on Aptos, Arbitrum, Avalanche, Optimism and Polygon. And Blackrock is not building anything on any of these blockchains. It's just tokenizing assets for institutional self-custody and these blockchains are just rails not investments.
Price is NOT related to utility, lol. They are wildly uncorrelated. Price is 100% based on perceived future demand value, right now. Any utility narratives are anecdotal or PoC only. The price is all speculation.
I personally watch the highest buy levels check where it sits all time. Then I look at the volume. NOT MEME TOKENS. If it's at or near ATL I take the shot with a grand. Been doing pretty well the last 2 weeks. Got to use limit orders and pay attention!!
XRP has $50 million TVL in its DeFi system. Ethereum has $80 billion, or more than 1,000x more. You also seem to be completely unaware of how decentralized consensus is established. 30 trusted third parties agreeing to run a ledger together is NOT decentralized consensus. The only thing XRP has going for it is massive amount of hyping by concentrated interests who own billions of dollars worth, and you're an example of a person who's bought into the hype.
Sorry bro... There are NOT a ton of people with 10, 20, 30 etc etc... 😂🫣🙄
> Can bitcoin natively handle Stablecoins As I have explained to mETH Heads, Bitcoin is not competing with Shitcoin Networks. If you still don't get this, you will continue losing money or at best it'll be a massive opportunity cost long term > ETHs value appreciation comes not from utility but like all Alts from capital and liquidity brought by BTC -- see point 1. Also, **in order to compete with other chains, Ethereum will have to scale and that has seen the rise of L2/sidechains which results in loss transaction fees and MEV tips essentially stealing value from ETH. This essentially turns Ethereum, Solana, BSC, Tron, L2/Sidechains, etc into competing networks for DeFi casinos and rails for StablecCoin transfers where they have to remain cheap or utility and users will move to competing chains.** BTC on the other hand has no competition. It doesn't have to scale, it doesn't have to become cheap, it doesn't have to keep advancing, it doesn't have to keep up with the competition because there is no competition. > *All this points are illustrated with ETH value is already being less than 1/3 BTC value from the summer of 2017 and continuing to trend lower over time. A short time frame of possible ETH out-performance if/when BTC goes on a big bullrun will draw short-sighted fools and their money who will over time watch with despair the falling ratio just as /r/ethfinance is doing so today.* https://np.reddit.com/r/ethfinance/comments/1f9ef5k/daily_general_discussion_september_5_2024/llmkgtm/ > Defi DeFI, TVL, etc are all scam narratives. It's not Decentralized. It's not finance. - Essentially a Shitcoin Casino. Leveraged plays, trading shitcoin tokens, earning yield on shitcoin tokens, providing liquidity on shitcoin tokens. NOT FINANCE - Every player like, MakerDAO, AAVE, LINK etc, is COMPLETELY CENTRALIZED - There are **no life financial products like life, home, health insurance, mortgages, home equity loans, car loans, personal loans without massive collateral, commercial loans, etc.** Again, shitcoin trading, yield farming, etc is NOT FINANCE. - Then you slap some scamified metrics like TVL based on scam tokens locked up to make gullible fools believe real capital is locked up instead of vaporware scam tokens.
Now drill down within that quote where I said to NOT USE multisig or if I said Multisig won't protect you from a wrench attack. Thanks.
I'm just surprised you really thought Trump would act like NOT a criminal since we all knew he was one from the start.
> None of this matters when Bitcoin has 0 dapps Are the Ethereum dApps in the room with us? There is NOT one SINGLE dApp on Ethereum that every day people need or can use. 8 years ago, Ethereum hype was shilling about Decentralized Autonomous Organizations (DAO) replacing corporations, creating decentralized Uber, Facebook, YouTube, Twitter, etc 8 years later, there is nothing like this exists and there is no indication that this is being built or will be built. Just VCs and Foundations dumping worthless money grab tokens. The only thing that has been built is Shitcoin Casinos like AAVE where you can do leverage plays, trade shitcoin tokens, earn yield farming shitcoins tokens, provide liquidity on shitcoin tokens and call this Shitcoin Casino DeFi although there is not single gwei of Finance and all the players like AAVE, MakerDAO, LINK are completely centralized. > "Decentralized Autonomous Organization" and theres a strong possibility that DAOs replace a lot of the world's biggest corporations...et's take a company like Uber. Uber is a platform that brings people who need rides together with people who have cars. To facilitate this interaction, Uber collects 20% of every ride. With Ethereum and blockchain technology, there is nothing to prevent a bunch of software developers from writing a dApp that creates a decentralized Uber. Instead of 20% per ride, transaction fees are paid to the network and the driver takes home the lions share of the transaction..theres a strong possibility that DAOs replace a lot of the world's biggest corporations. (from 2017) https://np.reddit.com/r/ethereum/comments/7jj1so/rethereum_i_wrote_this_to_explain_ethereum_in/ > Bitcoin...destroys the environment ETH Maxi shift in narrative from *"ETH will flip BTC"* to *"Don't invest in BTC it'll destroy the environment and its future security mechanism is doomed to fail"* COPE
Because MSTR and a lot of big buyers do NOT BUY spot. The buy OTC, or by direct negotiated wallet to wallet transfer. This doesn't touch the spot price or market. This is why when Saylor buys, the price doesn't really move at all. He isn't touching supply in the spot pool. He is buying a large batch via a negotiated order placed with Coinbase. Likely placed some time before purchase.
> None of this matters when Bitcoin has 0 dapps Are the Ethereum dApps in the room with us? There is NOT one SINGLE dApp on Ethereum that every day people need or can use. 8 years ago, Ethereum hype was shilling about Decentralized Autonomous Organizations (DAO) replacing corporations, creating decentralized Uber, Facebook, YouTube, Twitter, etc and Coinbase CEO Brian Armstrong kept tweeting all these apps that people would use every day would be decentralized. 8 years later, there is nothing like this exists and there is no indication that this is being built or will be built. Just VCs and Foundations dumping worthless money grab tokens. The only thing that has been built is Shitcoin Casinos like AAVE where you can do leverage plays, trade shitcoin tokens, earn yield farming shitcoins tokens, provide liquidity on shitcoin tokens and call this Shitcoin Casino DeFi although there is not single gwei of Finance and all the players like AAVE, MakerDAO, LINK are completely centralized. > I think most or many user generated content apps on the web today (stack overflow, YouTube, Facebook, Reddit, quora, github etc) will all get rebuilt on the decentralized web and every upvote/like/star/follower/etc will send real money to the creator of the content (from January 2018 Coinbase CEO Brian Armstrong after shilling BAT, ZRX, etc where investors have lost most their money) https://gist.github.com/travisbrown/ef999d98e9f79c05221bebb36563e3ec > "Decentralized Autonomous Organization" and theres a strong possibility that DAOs replace a lot of the world's biggest corporations...et's take a company like Uber. Uber is a platform that brings people who need rides together with people who have cars. To facilitate this interaction, Uber collects 20% of every ride. With Ethereum and blockchain technology, there is nothing to prevent a bunch of software developers from writing a dApp that creates a decentralized Uber. Instead of 20% per ride, transaction fees are paid to the network and the driver takes home the lions share of the transaction..theres a strong possibility that DAOs replace a lot of the world's biggest corporations. (from 2017) https://np.reddit.com/r/ethereum/comments/7jj1so/rethereum_i_wrote_this_to_explain_ethereum_in/ > Bitcoin...destroys the environment ETH Maxi shift in narrative from *"ETH will flip BTC"* to *"Don't invest in BTC it'll destroy the environment and its future security mechanism is doomed to fail"* COPE
> TVL in all smart contracts is estimated to be at $29B currently Educate yourself. TVL is a scam metric to make gullible fools believe real capital is locked up instead of vaporware scam tokens. Reminder that DeFI, TVL, etc is all a scam narrative - Essentially a Shitcoin Casino. Leveraged plays, trading shitcoin tokens, earning yield on shitcoin tokens, providing liquidity on shitcoin tokens. NOT FINANCE - Every player like, MakerDAO, AAVE, LINK etc, is COMPLETELY CENTRALIZED - There are **no life financial products like life, home, health insurance, mortgages, home equity loans, car loans, personal loans without massive collateral, commercial loans, etc.** Again, shitcoin trading, yield farming, etc is NOT FINANCE. - Then you slap some scamified metrics like TVL based on scam tokens locked up to make gullible fools believe real capital is locked up instead of vaporware scam tokens.
anyone who says HBAR....is crazy. It's the MOST bought token that doesn't move, but it's the best thing since sliced bread. NOT.
>very noob We all have been where you're at, read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late. ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money book. Get them and READ them both, please. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick and read this short guide, please: **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Bitcoin to me, is a savings account. If I have some spare cash, I exchange it for sats. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting. Now, don't buy a fake Bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. A few good wallet choices: [https://blockstream.com/green/](https://blockstream.com/green/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. Lightning wallets to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill or LN Pizza [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys Hardware Wallets (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
Why does the is NOT use the metric System? Here in germany we use , to separate a number from its decimal and use points to dots to make big numbers readable eg: instead of 1000000,4 we use the 1.000.000,4
This is not a good look Achow, not on you in particular, but on Core devs and specifically on the github moderation. I get that github is not the ideal place to be discussing non-technical things, but when a technical change is being discussed and pushed by someone who might have a conflict of interest, it is relevant to the technical discussion. I for one did NOT know about it, and it informs my opinion of this change. Removing OP\_return is not a small change, and the bigger the change the greater the scrutiny. As a Core user and node runner, I hope I can retain the choice to determine the size limit.
until BTC falls to rise I don't see the point you are making. BTC itself might not generate income in a trad sense but how is a property, an asset which will increase in value and BTC an asset that has yet to NOT increase in value not be similar? Property has a way to generate income by renting out the property itself. But renting and owning are two different types on income generator. BTC follows one of them. Nothing tells me BTC will stop increasing in value. At least not in my life time. which is maybe another 60 years.......