Reddit Posts
‘MATIC can’t be compared to OP and ARB’, analyst weighs in
Does the latest Trezor Hack go further than they're telling us?
Newbie Guide to CheckTemplateVerify (OP_CTV) | BitcoinDocs
Bitcoin Filters Work By Default, and That's a Good Thing | To Filter Spam From Your Bitcoin Core Node, set “permitbaremultisig=0” & “datacarrier=0” in your Bitcoin.conf File | Use "blocksonly=1" to turn off your mempool entirely
Can someone confirm if the Taproot spend and tx signing explanation below is correct?
Day 3 after BTC spot ETF listing; not the market we expected?
The Bitcoin ETF news is massive, but no one is even talking about Bitcoin's BIGGEST Halving ever on 19 April 2024. GLTA!!!
All 11 bitcoin ETF tickers, for tomorrow. GLTA!!!
BitIDE - TapScript IDE with Local Testnet, Block Explorer and Custom Op Codes (OP_MUL on Mainnet P2TR!)
I'm trying to understand the exact mechanism of a UTXO spend...
UPDATE‼️! 9 Bitcoin ETF issuers have updated their applications today - which is the SEC's deadline for the first wave of Bitcoin ETF approvals... GLTA!!!
What happened to this sub? Have Moons doomed us?
How Victims get Phished through Reddit Forums, like this one!
Guys, My Portfolio Never Looked So Solid | BTC and ETH are the Big Guys | And, of course, Utility Coins, Meme Coins and Shit Coins
The first 2 sentences of the OP makes this hilarious imo
He lost his coins when hardware wallet spontaneously reset.
Polymer to use EigenLayer, the OP Stack and IBC to bring scalable and interoperable L2s to Ethereum
First blockchain Rick Roll incident? A tale about Cartesi, Espresso Rick Astley and Vienna OP
Mentions
well it's not a perfect vacuum, so there is some cooling. but not much, as my reply to OP talks about.
I think the piece everyone overlooks is that OP and I are talking about a future where 90% of the world population agrees that Bitcoin is better than fiat and they would rather hold Bitcoin than dollars from their country of origin. In that world, who is accepting this printed paper garbage for goods and services?
I agree, but OP adked which tokens will actually have staying power. The way Solana has gobbled up ETH's market share, Id say it has a better chance.
https://charts.bitbo.io/btc-gold/ OP needs to look at this chart! I see the opposite!
Yeah well I wanted to keep to the spirit of OP :)
I don't know what the OP is selling, but it's a scam
OP: breaking news! for the first time since the creation of bitcoin when gold goes up bitcoin is not going up!!
Same, I can't read the rest when OP clearly needs to reread Harry Potter. /s
Bro says defi feels like it’s going nowhere and all we see is TVL growing onchain. This post is just OP saying “I feel like” for a bunch of different things they have subjective opinions about. I agree as time goes on things are less novel seeming, but conflating that “feeling” with actual data isn’t correct lol.
Was just viewing a post under tradfi subreddit, OP was asking if his allocation was decent, it was 95% traditional ETF’s and 5% Bitcoin exposure People were really suggesting to lower that BTC exposure to 2.5%, crazy!!!
This is hilarious coming from the dude who bought the top of PEPE back in December and holds onto shitcoins like ADA, COTI, RENDER, and ETH, all of which have perfomed horribly against USD and even worse against BTC. Thanks for playing. Maybe you should take notes from OP lmao
lol what? Ethereum is almost 10 years old. Crypto is still VERY new. It’s not going anywhere. Sure, the market has gotten pretty boring but I’m ok with that. Crypto has always been an investment for me. Ethereum was my step into the world, and it definitely paid off. The more i learn about it the more i see it becoming part of our day to day life. OP says NFTs are dead. I disagree. Maybe monkey pictures are dead. But i constantly see real estate NFTs and partials all the time. Even vehicles, sports cards. List goes on
>This is the first, huge step in a much larger plan. >I want to thank this community ... not everyone is helpful, there are a lot of haters, but that said...there are quite a few of you who have engaged in constructive criticism, given great feed backs, great insights, and helped me learn! Thank you all for your time and effort! Congratulations. My main feedback is not for you, but to anyone else coming to this post and this subreddit: Always assume that everyone is a potential scammer. Do not DM anyone in this sub, and in particular with posts like these advertising their "successes" and implying that you can get more information via DM. Be safe out there! Again, to the OP, congratulations.
Except OP went out of his way to spend time trying to convince Christopher Murphy
I tried to read everything but my head was just on "It was not in the Chambers of Secrets, right?" What did OP say? He quit Bitcoin?
OP - Were you new last cycle? Everything is more interesting when you're new
OP impatient, not making profits now, now, now. Gripes crypto is boring.
In the last 5 or so years, BTC has moved opposite of being a hedge. Inflation up, gold up, bitcoin down, stocks down. Russia invades ukraine, gold up, bitcoin down, stocks down. Israel and Iran…same exact setup. But Fed cuts rates? Gold down, bitcoin up, stocks up. Point is, Bitcoin is a “risk on” asset. It’s not an inflation hedge or world affairs hedge and in fact trades exactly opposite that. Now, it the massive gains go away, as they have so far this cycle, and more people like OP get bored, they’ll move on. What happens to a risk on asset with dramatically diminishing returns and no functional use to drive value?
Wow an article from an unknown publication. Based on a tweet. Are you trolling me? Are you holding that up against everything OP posted as comparable? There are pilot reports and bank press releases in the first post...
I’m only interested in Bitcoin. I’m referring to OP’s comment that this space used to be chaotic and now it’s just slow and boring.
OP is fully regarded, it belongs here Only a 14-year-old would call crypto boring and stable İt's literally been around 100K for what 6 months? I know that seems like a lifetime to a 14-year-old . With that attitude yes I agree Bitcoin is too boring for you, you should be playing options on your dad's account
Nah OP is wearing jeans… peasant
You, of course, know the usual suspects: The victims are usually blinded by love/lust or greed. We won't know if either apply in this case until the OP replies to comments made to the original post.
9hbW1mHXchyLuWzuJRXhvs4soDKGuWq7upJuNTDMKn82 Here's mine. Lets see how the OP reacts to this. 🤷
OP: sorry, but you really don’t know what you’re doing. You will lose money on this “investment”. You are **far** better off just buying & accumulating Bitcoin instead.
It’s 100% certain this *is* a scam. OP doesn’t know what he’s doing.
Great time to re-enter then, at least according to OP.
OP about to get scammed and hes worried about taxes 💀
I wonder if anyone, other than the OP, thinks this is a good idea. I don't think so as the replies show. If you need a response thatakes you feel you are making the right move maybe Mumsnet can do this. People who know BTC are advising against your plan, wisdom of the crowd.
OP Is not watching TV. MSM at least.
OP definitely more suited to the pleasure unit option
This is what OP should really be worried about.
Great question. No one knows. But I would imagine that, once a Bitcoin standard is adopted globally, then it'll be too late and no one in their right mind will accept anything other than Bitcoin as payment. It all goes to zero against Bitcoin. So the OP may have a good point. Bitcoin is bad for war and good for peace.
Bingo. Zoom out, OP. If you think $110k to $103k to $106k is rough… buckle up
How will it it bloat the blockchain or make it harder to run a full node? OP_return data doesn't go until the utxo set unlike fake addresses which is the unlimited and unlimitable direct alternative. And because op_return data takes more weight per size than average if it were heavily used it would tend to make blocks smaller.
This is exactly right. Until you research all of these alternatives, then getting upset about OP_RETURN is silly.
I love bisq but I don't know about them anymore. OP is talking about buying bitcoin and that should be relatively safe using bisq. But suppose you wanted to cash out. Suppose you wanted to sell, say, one coin. Using bisq you would have to complete multiple transactions, so there would be multiple deposits into your bank account from various potentially shady sources. In the jurisdiction where I live that would get your bank account frozen in a heartbeat.
I love bisq but I don't know about them anymore. OP is talking about buying bitcoin and that should be relatively safe using bisq. But suppose you wanted to cash out. Suppose you wanted to sell, say, one coin. Using bisq you would have to complete multiple transactions, so there would be multiple deposits into your bank account from various potentially shady sources. In the jurisdiction where I live that would get your bank account frozen in a heartbeat.
1. I'm a girl 2. OP was claiming you can't make money easily in this market, I was giving my experience.
Let’s say OP is Bob, Joe is his friend. Joe bought 1 BTC at 50k, If Bob buys it from Joe today, sends it to his self custody wallet, at ~100k, hands him 100k in cash. Is Joe able to claim that as a taxable event? Or, if Joe sent the Bitcoin to Bob, and didn’t report it, and claims the address was his own self custody wallet so it was simply a transfer within his own wallets, is the gov realistically able to even track what happened? To be able to pursue the capital gains tax.
Your obviously thinking about 'stable' markets with small fluctuations in price that people can profit from, but stability is relative term and if you say that people profit from stable markets then you're mixing up your relative scales. OP was clearly implying that Bitcoin will one day have widespread functionality that will keep the price relatively stable, reduce the number of speculative traders and avoid 10% swings every Friday, which I doubt will ever happen
OP did not ask about exchange versus self custody. OP asked about hardware wallet versus seed phrase backup.
You realize people have jobs right? People DCA because they don’t have time to stare at 4 hour candles and algorithms. As another commenter said, people aren’t trying to optimize whether they are buying at 107.9k vs 105.4k - they are trying to optimize their time spent to profit ratio. The difference between buying at the daily high and daily low will be almost negligible. Stupid comment made even worse by your attempted mockery of OP
Ok. But we are talking about the present. Not a possible decoupling from risk assets in the future. OP asked about now..
I'm not making the case people shouldn't be buying today. I've come to find I feel best when I'm buying dips in the 20-30% range or more. For example the move from 106k to 79k recently, I ended up buying another good sized chunk at 84k or so. But to make an argument that you should never consider the price, which is essentially what OP is saying, I think is ignorant of the volatile nature of Bitcoin. It gives you so many opportunities to buy more on weakness. I think people are foolish not to take those opportunities rather than chasing FOMO or blindly dollar cost averaging. I have friends in 2022 who said I was an idiot for dumping a good portion of my investment portfolio into Bitcoin at 16-20k. They thought the better move was to continue to DCA and never mind about price. Again, I just can't see the rationale. It's like a durable good going on sale, 80% off. If you know you'll have a need for it in the future, it's silly not to stock up a bit.
Which is still valid if OP has never met them.
There is nothing that forces anyone to use a specific method of how they encode data. That's because none of this is a consensus rule. One could even send transactions between their own wallets and encode data in the transaction value, fees, even the transaction hash itself in the process. The why doesn't matter much. They can use any of these options. Nodes are unable to prevent these transactions from being mined. So best we can do is encourage them to use the method that hurts node runners the least - and that is OP_RETURN so we can guarantee the data never enters the UTXO set.
Let us know how! By blocking OP_RETURN from your mempool you only encourage users to use the worse alternatives (which can be even cheaper for them, fee wise). Is that your goal?
Nobody wants unlimited jpegs in the blockchain. That's what the block sizel imit is for. OP_RETURN is an aid to the much worse alternatives that people can easily use instead. And by you filtering that out of your mempool you encourage users to use the worse alternatives. You also hurt your own nodes resources and all nodes that connect to you because you are not able to efficiently relay blocks without the transactions in your mempool. There are A LOT more reasons (that are good for you) to not block OP_RETURN. Please follow up on the topic and don't follow the propaganda of whatever influencer you are following.
Yeah, it was probably the warnings he thought were after they took it which was when he allowed them in to take everything. Phishing 101 is to tell people they are getting scammed and that you're there to help them It's like a scammer dressed as a cop came to hus house to tell him he was robbed by a burglarlast night. Op then let the cop inside and the cop started pocketing everything he said was stolen. OP then blamed the "burglar" last night and not himself for letting the cop inside.
Ye, 1 month ago it was not even 2%. A lot of misonformation on the OP\_RETURN thing. Knots is not the solution.
No, its not. My problem is that OP isn't spitting it out. So I asked OP to spit it out rather than vaguebook and sHaMe people for something.
Why are you running Knots? Is it because you don't realize that OP\_Returns are prunable from your node's UTXO set and have little effect on scalability?
OP_RETURN was already abused and this seems to mitigate the problem. Bitcoin is for everyone including your enemies.
Well done brother, Bitcoin Core have well and truly gone rouge to allow the OP_RETURN limit to be increased, I too have move onto knots and will not be looking back. Congrats and good luck my fellow node runner 👍
The fuck is this? OP should talk to Dave not these nobodies. Dave's been doing this exact work for over a decade and puts his name on it. [https://walletrecovery.info/](https://walletrecovery.info/)
Pedantics. OP asked about tokens too
Some – seems most – people don't understand that you don't make money when buying on bull market. You make money when buying on bear market. WTF logic OP has there?
It's not. Maybe OP wasn't here when that happened.
Honestly, you're the only one who sounds like an incel in this thread. OP correctly corrected your comment about Coinbase being LATE.
I don’t know why topics like this always pop up when 5% drops happen every other day or week It’s like is OP playing stupid? Are they just scared cause this drop happened while a war just broke out? I dunno but it’s annoying
There is always a huge key to the puzzle missing. With something like this. But the OP is never to blame! /s
You heard it here first, OP says Alts are dead. Sell your coins OP. Karma do your thang
Hey OP sorry to hear about loosing your BTC, how much was the lesson?
How old are you OP? 80?! Did you provide your SSN too?! /s I could get a call from Jeff Bezos himself and over my death body would I provide any info.
Your profile is so fake. Guys I think OP is trying to scam us
OP was this a massive amount? Like 10,000+ in one shot?
“Your money is waiting for instructions” -OP
OP just needs to make that sacrifice for us
This domain was just registered this past January, less than 6 months ago, making this site likely a scam site. To the OP and anyone else coming here: stay far away!
lmfao no kidding. Yeah I definitely agree with what OP is saying was more referring to this comment. I kind of had the opposite experience when I first started investing. I wen treally aggressive with everything other than what I needed at first. I just found it stressful and I think it makes you way more prone to fear selling and cutting losses because you are so much closer to needing the money. As a single 28 year old. I keep about 20k cash rest goes into the market.
Ask Chatgpt, it's what OP did to write this post
>Eventually we’ll hit that no one knows this . Its very possible that QC simply do not scale well beyond a point. You can see this topic has already been discussed many , many times in the past here : https://old.reddit.com/r/BitcoinBeginners/search?q=quantum&restrict_sr=on https://old.reddit.com/r/Bitcoin/search?q=quantum&restrict_sr=on and many other places developers are already discussing preemptively introducing some temporary solution in wallets such as embedding OP_SPHINCS signature verification opcode in all wallets so if QC ever become a problem all these wallets are prepared for a seamless transition. Todays Quantum computers do not solve any problems efficiently that are related to real world use cases **and many doubt that QCs that efficiently solve real problems used to secure fintech and private messages will ever be discovered**, but lets assume for the sake of conversation that this does become an issue in the future. https://www.youtube.com/watch?v=Pi4v7hw0ZoU https://en.bitcoin.it/wiki/Quantum_computing_and_Bitcoin https://braiins.com/blog/can-quantum-computers-51-attack-bitcoin https://www.technologyreview.com/2022/03/28/1048355/quantum-computing-has-a-hype-problem/ TL;DR : Quantum computers do not affect ASIC mining and we have no need to replace any hardware due to Grover’s algorithm. A breakthrough in Quantum computers would undermine most encryption(Most banking and national security would be in jeopardy) and with Bitcoin would simply weaken its security assumptions (not break Bitcoin's security) that can be fixed by switching Bitcoin to using Lamport or PQC signatures. In all likelihood there will be many years of warning before we are anywhere close to QC becoming a threat, if ever, to Bitcoin. If a black swan breakthrough event occurs than we could simply roll back the chain to undue all this damage(not ideal but this is extremely unlikely scenario). Thus there are 3 possibilities: 1) Quantum computers simply never scale where they are ever a threat . Many journalists and companies working on quantum computers exaggerate the threat likelihood of quantum computers to get more attention for clicks , for more grant money or investment funding or simply because their perspective is biased because they are optimistic their life's work will come to fruition. 2) Quantum computers eventually become a threat to Bitcoin but slowly creep up in ability where we have a 10+ year headstart to hardfork in new signatures and allow all vulnerable UTXOs to move to secure addresses . Bitcoin has already hardforked 2-3 times and we need to hardfork anyways for the year 2038 problem(anytime before the year 2106) and any other hardfork wish list items . Such a hardfork would not be controversial at all as it would address systemic problems that affect all Bitcoin users. 3) A quantum breakthrough happens overnight and the attacker begins moving all those lost UTXOs. We would need to do an emergency hardfork and reorg the chain undoing all/most the attackers efforts . This would be embarrassing for Bitcoin but not the end of the world. Of the 3 possibilities , the last one is extremely unlikely. -------------------------------- >the lost ones are meant to be "stolen" or reintegrated ? There are various solutions to this. One solution is to give a few years head start on migrating all these old UTXOs with a timeout period where a softfork freezes them from being used unless moved. There are also proposals to allow even these "fozen" UTXOs to be reclaimed in a secure manner after the fact if needed.
I got excited at buying the dip then realized that OP was overreacting
Oh no, this means 200k by year end will happen with 3 year delay like last time, thanks OP!
Yeah OP you convinced me...now i will buy $ 50M of this shit so you and the ex google ceo can easily dump your heavy bag on my head...
I Dm'ed OP and he shared his secrets with me, he said he sells his body on the streets at night
As discussed further down the comment chain. It's agreed that you could store every key generated by keys.lol but it wouldn't be financially viable as 99.99% of keys generated aren't getting used. It's just people rolling random pages so unlikely to recover the costs of setting up the operation incase one user decided to use a private key found. To think OP is just a shill trying to get people to use one of the found private keys in hope to scam is dumb shit.
25$ to get OP posting "it's all fine, not a scam at all!!1" ? With still a decent chance of swiping it in the future. Sounds like a good investment.
He's talking about storing all keys ever generated. Not ALL keys. That would be trivial and insane not to assume is being done. In fact the best thing to assume is that OP is a shill trying to get others to do dumb shit.
OP's explanation is very clear. Can you elaborate on what you don't understand?
This is accurate, but considering OP's age and income, he won't be able to take out loans significant enough to get into any trouble, unless he returns to his home country. There's cases of people taking out 100k+ in loans from foreign countries (mostly Asia) and relocating without even any trouble. Obviously if you commit bank fraud in terms of millions of $, there will be issues.
OP do NOT do the 2nd half, extradition treaties are a thing lol. If the amount is high enough they will chase after u and the new country WILL hand U over. BUT, the first half is good advice u need to making as much as possible first THEN invest, bitcoin can wait. ur education + relocation will pay u **multiples** more than btc
I am going to preface this comment with the fact that I recognize and rate Bitcoiners in this way by degree of understanding Bitcoin: 1) Bitcoin Maximalist 2) Bitcoin investor 3) Bitcoin trader 4) Bitcoin gambler. <— OP’s dad was here Why? The Maximalist fully understands Bitcoin and how the fiat system robs from us. The investor understands that to the degree that Bitcoin will generally rise in value over the long term. The trader may understand Bitcoin but really where they shine is understanding the market and having a strategy for entry and exit and repeating it. The gambler understands none of it. In a way OP’s dad was a *smart* gambler; he walked into the casino, plopped $10k down and doubled his money and walked out, never stepping foot in the casino again. But he was dumb in every other aspect. Realistically if that goal was actually worth a shit at the time, he wouldn’t be regretting it today. He wouldn’t, that’s just a fact. He would own it “because it was the right decision”. The fact he is regretting that tells me everything I need to know. The fact he had multiple points where regret would occur since then and did nothing to rectify it, tells me everything I need to know.
You are only 18. Focus on your education, OP. Bitcoin can wait
I think you missed the point The traditional plastic may not work but the digital "Blockchain" does. I'm thinking 5 minutes is kinda suspect. But OP was thinking on his feet. It's all new. The process is just starting. The World just has to start behaving. 🇺🇸🦅
No I’m not misunderstanding OP, I think he or she is misunderstanding women and the topic of whether interest is truly gender specific. It’s not really from a bigger picture.
Not OP, but as a 39 year old office slave... Call me a loser and let me sleep 😅
Not the OP. In all seriousness, I've been to four different countries in the last 2 months and if I don't have problems shopping with my credit card, I have problems booking plane tickets and reservations at hotels. Had that problem this morning just trying to buy coffee and a pack of cigarettes at two different places.
OP, keep your 401k and HSA in stocks. You already have sufficient bitcoin exposure
Guess you are working in the right direction, OP. Most forward-thinking projects really *are* also focused on bridging global economic divides. Web3 banking, real-world assets, and tokenized finance are concepts gaining strong traction that top players like Chainlink, RIO, and VAULTA are right at the center of this push. And the goal? To reduce the friction and inefficiencies between TradFi and DeFi. Amazing, innit?
You really think this isn't random? Guess you or OP have never seen a pie chart.
Wow what a lazy answer but proves my point. Gender don't matter really matter in the grand scheme of things since you don't care. So proves my point OP's question is pointless.