Monday 30 November 2020

Coinbase is closing my account and customer support is not replying to my emails about my missing funds.


So, I have been using Coinbase for over 3 years now and always enjoyed using their platform, but I was never expecting what happened to me with what I thought was one of the most trusted crypto exchanges in US.Long story short, I had made a transfer from KuCoin to Coinbase with USDC and apparently they do not like their customers using Hong Kong exchanges, so they send me an email that they are closing my account. I logged into my account immediately and was re-directed to a page where I had to transfer all of my funds outside of coinbase so they can proceed with closing my account, but only to find out 50-60% of my funds are missing.I emailed coinbase support and they replied that I had to login to my coinbase pro, because the rest of my funds were stuck there and I have to transfer them on my own to my coinbase wallets. The problem is anytime I login to my coinbase pro account, it redirects me to the same page always where I have to transfer my funds to other wallets and it does not show my missing funds on there.I explained to them what is happening and they kept replying back with almost the same emails as the previous ones "please login to your coinbase pro account" its like they are not even reading my email.I have sent 8 emails in which I explain to coinbase support what they have to do as I had found other users to be with the same problem as mine when their account were closed. Basically, "if your Coinbase account gets closed and you have some funds (crypto or fiat) on Coinbase Pro, chances are you won’t be able to withdraw those funds right away. They have to manually transfer the funds to your Coinbase account so you could withdraw them."The last email I received from coinbase was 12 days ago on 11/18/2020 and since then I had sent about 7-8 emails asking about my funds. They have caused me so much stress, I cant even explain it. Its traumatic when 50-60% of your investments are held by a company that is not responding to your questions for 12 days and here I am a believer in Bitcoin and crypto that one day we will make a better world, but if these kind of companies are running crypto, then we are in trouble. At least if I have a problem with my bank, there is always someone to help me. Coinbase support on the other hand, its like if there is a problem, don't expect coinbase support to help you, you are on your own.I have filed a complaint with FDIC, since most of my funds were in USD and I really did not want to go this route, but at this point I have no idea what else to do. via /r/Bitcoin https://bit.ly/3lpsSzA

All of us, to everyone.

https://bit.ly/3mCC2Kx

Submitted December 01, 2020 at 02:08AM by benperrin117 https://bit.ly/3lqMCT8

Let it be known that on this day, Cypher Monday, 11/30/20, at approximately 10:15 AM, Eastern time. EVERY Bitcoin Hodler in the world had turned a profit. Congratulations.


This may get locked, but at (around) 10:15 AM today, when Bitcoin hit it its All-Time High of $19,857, for that glorious moment (and probably more), every Bitcoin hodler in the world, man or woman, new or old, wealthy or humble, had profited. No one left behind.A credit to anyone who ever had the balls to buy a Bitcoin and hang the **** on no matter what happened.Also if anyone knows the exact time please tell me.(BTW I know there be some exchange where it didn't break its All-Time high so we might have to wait for it to have broken its high everywhere) via /r/Bitcoin https://bit.ly/3ln9aUP

Now that we've finally broken ATH can we please shut the f up and drive this baby to 100k.... quietly?


So we all have a bit more time to stack sats. C'mon guys, we all know the fun is over when fomo is around. via /r/Bitcoin https://bit.ly/2Vl584R

Bitcoin surpasses JPMorgan again, Visa is now the only financial service company with a higher Market Cap

https://bit.ly/2JrelWP

Submitted November 30, 2020 at 11:22PM by pandoira https://bit.ly/3qgv2oA

WARNING: Paxful is aggressively KYC and doesn't warn users until AFTER depositing bitcoin their funds will be locked until verification is completed


Just posting to warn everyone about paxful. I literally found it on a list of KYC friendly exchanges and sadly that couldn't be more far from the truthAFTER buying bitcoin through paxful, your funds will be locked until KYC is completed. There is no warning of this beforehand. If you are unable to complete the KYC verification your funds will be permanently locked in paxful. You cannot even trade them back to your original form of paymentThe KYC is some of the most aggressive I have ever seen, involving submitting photos of government documents as well as a live 'video selfie' of your face for facial recognition purposesI'm sure paxful makes quite a killing here, with crypto users that tend to value anonymity choosing to take a loss rather than have a three dimensional profile of their face in some for profit databaseDo not use paxful. Do not support this business. This is literally the scummiest practice I have encountered since I began using bitcoin in 2013Edit: Just because I know someone is going to ask, KYC = know your customer, which is a US government initiative for corporations to know who their customers are for tax/criminal investigative/surveillance purposes via /r/Bitcoin https://bit.ly/3o4HwOe

Bitcoin reached the new ATH after 1079 days and 84% correction


​Bitcoin reached the new ATH after 1079 days and 84% correction via /r/Bitcoin https://bit.ly/3ltytEJ

MicroStrategy stock at a 20 year ATH, $310!!! - well played Michael

No text found

Submitted November 30, 2020 at 10:45PM by trakatan https://bit.ly/2HScycI

Soon enough


https://bit.ly/33vFCya via /r/Bitcoin https://bit.ly/3fZ3saL

Bitcoin moves back into the Top 15 U.S. traded assets by market cap, less than $200B from Top 10!


https://bit.ly/344SH2R via /r/Bitcoin https://bit.ly/3fNSKUz

Can you feel it bros?


https://www.youtube.com/watch?v=JsFPflQLkTw via /r/Bitcoin https://bit.ly/39tSybF

Make Most of the Gains With None of the Stress: Join HODL Gang Today

Seeing a lot of new users asking about how to make some profits with Bitcoin. You’ll find that 98% of Bitcoiners agree, join HODL Gang today.

What’s HODL? Simply put, it’s an investing strategy of buying and holding without monitoring trends or otherwise timing the market.

Why HODL? For all the reasons you’re here, because Bitcoin is in an immensely bullish position. Also, because the global market for Bitcoin is one of the most opaque markets that has ever existed. Trading in and out of the Bitcoin market is nothing short of gambling for 99.99% of us.

When to start your HODL? Today. Consider using Dollar Cost Averaging (DCA) by buying a small amount of Bitcoin every day, week, or month. For example, instead of piling in 20K today, go ahead and do 2K each month for the next ten months.

Why DCA? Because it gives you time to learn and to build confidence. Bitcoin corrections are painful for investors who lack confidence. Many will sell a panic floor because they are unable to believe in an investment they still need time to fully understand. People spread disinformation during our weakest moments and you need to be able to judge what’s true and what’s FUD. You could potential maximum profits by piling all of your investment in today, but you’ll have a healthier relationship if you take your time, become conditioned to the swings, and study up.

When to sell? HODL Gang dreams of living off the interest of their Bitcoin as liquidity markets mature. If you feel it’s time to sell, as with making your initial investment, consider DCA. Your 20k became 49k and that feels like a huge run, your confidence is down because of some piece of news you read, instead of selling your 49K today, sell 4K each month. You might be surprised at how quickly you revert to buying.

What if I have a health emergency? Sell and take care of yourself. Health comes first. This isn’t a cult. The excitement you see here is largely from users like me, who spent years studying Global Finance and who one day began to truly see the innovations of Bitcoin. This dream is bigger than you probably realize at right now. Remember, health comes first!

What if I need to pay off high interest credit cards? This is tricker, you might kick yourself later, but I recommend selling for this purpose. A 22% interest rate is insane and abusive, terminate that relationship and restart your Bitcoin DCA buying after.

Should I mortgage my house? This is even trickier to answer. First, because I don’t give high risk investing advice to strangers. Second, because interest rates are so low that the mortgage cash will almost certainly earn more in Bitcoin than it will cost in interest. For posterity I have to discourage this plan. You need a place to sleep, to have peace, and to be healthy. I’d recommend sticking to DCA but I won’t discourage you from crunching your own numbers and making your own well informed choice.

Does OP put their money where their mouth is? No my mouth is on my face or buried in some tang. I put my money in my hardware wallet and HODL that shit.

Any questions? Contributions?



Submitted November 30, 2020 at 09:50AM by ChTender https://bit.ly/3fQaqi5

I made this for 20K, but can't wait anymore :-) [OC]


https://bit.ly/3ljsClr via /r/Bitcoin https://bit.ly/3fNLN5T

Kraken is closing my account with no reason after I asked them my sepa transfers are missing.

Hello guys,

(Ticket 3523248)

TL:DR = Kraken is closing my account without telling me why and are sending contradictory answers to my missing sepa transfer.

I'll explain the situation real quick :

I, an european, did a sepa transfer in my kraken account 10 days ago.

Not seeing anything on account, after the 5th day, I send a request to kraken support to help me.

They don't find anything, we discuss during 5 days. They told me they are not finding anything under my name the 9th day.

The 10th day -today- I told them I might have found the problem : I didn't put the reference in my transfer because there wasn't any location where I could put this info.

And then, I received a complete mayhem of answers, within 2 hours :

Emails.

The first one tell me that my issue was sent to the Payments team for further review = they don't know yet what's going on.

First email

Second one, the weird one, the support tell me, out of nowhere, that my account is going to be closed and I need to take back my crypto. I don't even know why :

2nd email

Third email, the exact same person told me that they may have find it but the transfer is not exactly the amount I talked about -even though I said I sent a first transfer 19th november and another one 24th of November :

Third email, 3 minutes after the 2nd one.

What is going on ? How am I suppose to send a picture of a deposit I don't even see in my kraken account. And I already send them a picture of the deposit on my bank account.

Can someone tell me if it has already happened to you or someone you know pls ? For what reason Kraken can close my account without my consent as I didn't do anything wrong -My account is not even big, I'm a poor student. What happened if I don't send my crypto within the 78 hours, do I loose them ?

I even contacted the online live support, they told me they weren't "allowed to talk about it".

It's very concerning for any Kraken user.



Submitted November 30, 2020 at 02:51AM by Strikaos https://bit.ly/2KQkBYO

A Note About Bitcoin by James O'Beirne


https://bit.ly/3o7bvVH via /r/Bitcoin https://bit.ly/33tcxn3

Mentor Monday, November 30, 2020: Ask all your bitcoin questions!


Ask (and answer!) away! Here are the general rules:If you'd like to learn something, ask.If you'd like to share knowledge, answer.Any question about Bitcoin is fair game.And don't forget to check out /r/BitcoinBeginnersYou can sort by new to see the latest questions that may not be answered yet. via /r/Bitcoin https://bit.ly/3q7B1MB

Bitcoiners are so lucky

https://bit.ly/2HUsAmy

Submitted November 30, 2020 at 02:48PM by Beneficial-Edge-981 https://bit.ly/2VjskAp

Phone battery is always dead

https://bit.ly/33vjjsB

Submitted November 30, 2020 at 12:11PM by skatermofo101 https://bit.ly/2KIZ0Bk

Bitcoiners are so lucky


https://bit.ly/2HUsAmy via /r/Bitcoin https://bit.ly/2VjskAp

Sunday 29 November 2020

Gary Vee on Barstool Sports talking about Bitcoin 😂

https://bit.ly/3o92rjm

Submitted November 30, 2020 at 08:51AM by SwissCheezee https://bit.ly/33vab7c

Daily Discussion, November 30, 2020


Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.Join us in the r/Bitcoin Chatroom!Please check the previous discussion thread for unanswered questions. via /r/Bitcoin https://bit.ly/3mnnDBs

Make Most of the Gains With None of the Stress: Join HODL Gang Today


Seeing a lot of new users asking about how to make some profits with Bitcoin. You’ll find that 98% of Bitcoiners agree, join HODL Gang today.What’s HODL? Simply put, it’s an investing strategy of buying and holding without monitoring trends or otherwise timing the market.Why HODL? For all the reasons you’re here, because Bitcoin is in an immensely bullish position. Also, because the global market for Bitcoin is one of the most opaque markets that has ever existed. Trading in and out of the Bitcoin market is nothing short of gambling for 99.99% of us.When to start your HODL? Today. Consider using Dollar Cost Averaging (DCA) by buying a small amount of Bitcoin every day, week, or month. For example, instead of piling in 20K today, go ahead and do 2K each month for the next ten months.Why DCA? Because it gives you time to learn and to build confidence. Bitcoin corrections are painful for investors who lack confidence. Many will sell a panic floor because they are unable to believe in an investment they still need time to fully understand. People spread disinformation during our weakest moments and you need to be able to judge what’s true and what’s FUD. You could potential maximum profits by piling all of your investment in today, but you’ll have a healthier relationship if you take your time, become conditioned to the swings, and study up.When to sell? HODL Gang dreams of living off the interest of their Bitcoin as liquidity markets mature. If you feel it’s time to sell, as with making your initial investment, consider DCA. Your 20k became 49k and that feels like a huge run, your confidence is down because of some piece of news you read, instead of selling your 49K today, sell 4K each month. You might be surprised at how quickly you revert to buying.What if I have a health emergency? Sell and take care of yourself. Health comes first. This isn’t a cult. The excitement you see here is largely from users like me, who spent years studying Global Finance and who one day began to truly see the innovations of Bitcoin. This dream is bigger than you probably realize at this moment. But health comes first!What if I need to pay off high interest credit cards? This is tricker, you might kick yourself later, but I recommend selling for this purpose. A 22% interest rate is insane and abusive, terminate that relationship and restart your Bitcoin DCA buying after.Should I mortgage my house? This is even trickier to answer. First, because I don’t give high risk investing advice to strangers. Second, because interest rates are so low that the mortgage cash will almost certainly earn more in Bitcoin than it will cost in interest. For posterity I have to discourage this plan. You need a place to sleep, to have peace, and to be healthy. I’d recommend sticking to DCA but I won’t discourage you from crunching your own numbers and making your own well informed choice.Does OP put their money where their mouth is? No my mouth is on my face or buried in some tang. I put my money in my hardware wallet and HODL that shit.Any questions? Contributions? via /r/Bitcoin https://bit.ly/3fQaqi5

Phone battery is always dead


https://bit.ly/33vjjsB via /r/Bitcoin https://bit.ly/2KIZ0Bk

Best thing about Bitcoin is it trades 24/7/365. There is no waiting for markets to open and it makes stock trading look like a legacy platform.

Stocks and shares trading happens at a snail pace in comparison. News get released at the end of the trading day to let the market adjust before trading restarts. Bitcoin reacts in real time to news and adjusts, this means it is more volition but it is real time sentiment. This also means it is a lot more engaging, IMHO.



Submitted November 30, 2020 at 09:06AM by hendnova212 https://bit.ly/3moLoZW

Volatility when BTC reaches 100-200k

So I’ve been thinking about this, and it seems to me that by the time BTC reaches 100k, the chance of the coin dropping by 50% suddenly becomes exceedingly low, since most of the market cap would come from institutions and smart money, rather than speculators and retail investors.

At that point, there should only be upside potential, as we move towards global adoption. That’s the point when it becomes a store of value rather than a “speculative investment”

Is this reasoning sensible?



Submitted November 30, 2020 at 03:15AM by dogefellowship https://bit.ly/2KNbVlP

Bitcoin stock to flow model.

https://bit.ly/3o5BTPV

Submitted November 30, 2020 at 05:28AM by dan_held https://bit.ly/2VjUHhO

Gary Vee on Barstool Sports talking about Bitcoin 😂


https://bit.ly/3o92rjm via /r/Bitcoin https://bit.ly/33vab7c

Best thing about Bitcoin is it trades 24/7/365. There is no waiting for markets to open and it makes stock trading look like a legacy platform.


Stocks and shares trading happens at a snail pace in comparison. News get released at the end of the trading day to let the market adjust before trading restarts. Bitcoin reacts in real time to news and adjusts, this means it is more volition but it is real time sentiment. This also means it is a lot more engaging, IMHO. via /r/Bitcoin https://bit.ly/3moLoZW

Anyone else noticed a distinct increase in FUD posts?

Seeing lots of the "What if the internet crashed completely" type fud posts, putting my tinfoil hat squarely on my head as backup to my faraday cage bedroom, i'm gonna say "It seems coordinated!"



Submitted November 30, 2020 at 12:15AM by bell2366 https://bit.ly/2Vj0Cni

You May Not Realize It Now, but There Is No Alternative to Bitcoin for Your Future

https://bit.ly/3obNr4h

Submitted November 30, 2020 at 12:56AM by sylsau https://bit.ly/2Jt6jfL

People are talking


Guy at the gas station I frequent asked if I can show him how to do it, said his cousin mentioned it too. My gym bro asked me where to start today.No one else hearing talks? via /r/Bitcoin https://bit.ly/33tQZqC

Bitcoin stock to flow model.


https://bit.ly/3o5BTPV via /r/Bitcoin https://bit.ly/2VjUHhO

Don't torture yourself for the price you buy. I can almost guarantee it's cheaper than a year from now... Probably tenfold.

$17,700, nov 28, just for reference :-)



Submitted November 29, 2020 at 06:24AM by idontlikepeoplemuch5 https://bit.ly/2Vb5RWg

Guggenheim follows other institutionals by seeking investment exposure to Bitcoin


https://bit.ly/3nYY4Hw via /r/Bitcoin https://bit.ly/2JneCtQ

Anyone else noticed a distinct increase in FUD posts?


Seeing lots of the "What if the internet crashed completely" type fud posts, putting my tinfoil hat squarely on my head as backup to my faraday cage bedroom, i'm gonna say "It seems coordinated!" via /r/Bitcoin https://bit.ly/2Vj0Cni

The Battle For World Reserve Currency

https://bit.ly/3mifK0j

Submitted November 29, 2020 at 08:22AM by BITCOINMOVIECLIPS https://bit.ly/3fKoEkJ

274 BTC were traded in Venezuela using LocalBitcoin (last week, lowest since 2018), down from 286. That equals 3,585,000,000,000 Bs. (ATH in Bolivares again in Venezuelan currency "VES"), traded volume is a constant USD amount. One BTC is around 18,300,000,000 Bs. Monthly minimum wage is 1.20 USD.


Hi, guys remember I'm Venezuelan living here updating this week numbers.We are very far from the 500 BTC weekly we were trading months ago. We are around 300 BTC weekly.The reason (I think) is the value traded in LocalBitcoin is fixed to USD, so as the BTC price goes up the volume gets down.The trade volume is constant at around 4,500,000 USD weekly. When we were trading around 500 BTC, price was hovering around 10k. That is why.Remember, this is only measured by LocalBitcoin (For sure the biggest exchange here).I'm Venezuelan "living" here, crypto entusiast. A lot of redditors have helped me somehow! I got several moons but sadly had to cash them out.You can ask me anything!Sources:https://bit.ly/34N8tzd via /r/Bitcoin https://bit.ly/2VhDEwW

My idea for the Satoshi symbol


It's a number 8 with a small part erased to represent the opposite of infinity symbol, which is "Finity" and sats are finite, ie. absolutely scarce.It's very similar or the same to the small delta symbol which represents the change and difference, and I think that Bitcoin and Satoshi are the embodiment of that.It is also similar to the small letter b in some languages and the symbolism is clear between the uppercase letter of B in bitcoin as a larger unit and the small "b" in satoshi as a smaller unit.I think it's really memorable and easy to write on paper.The symbol also has a letter S in itself to symbolize Satoshi.I have checked globally accepted symbols as well as symbols of world currencies and couldn't find any similarities. I d like to be checked on this. We want something unique, aren't we? ;)These are the connections and symbolism I could find between satoshi as a unit and this symbol I "Created". Tell me what you think. :)https://bit.ly/39tXltN via /r/Bitcoin https://bit.ly/3lpUV1S

Great Bitcoin moment in a show Hoops

https://bit.ly/2HMCk20

Submitted November 29, 2020 at 02:57PM by Andrzej11 https://bit.ly/3lkr6zo

Bitcoin is the first infinitely divisible truly-scarce digital real-estate that easily can be transferred to anyone in the world without relying on trusted parties. Its price is driven by both demand from those who believe in its utility and the cost required to produce and maintain it.


Someone on Twitter asked how to explain Bitcoin to someone who says it’s just the “greater fool’s” theory. This is how I thought about it. Thoughts? via /r/Bitcoin https://bit.ly/36jux5j

Guggenheim Fund Files to Be Able to Invest Up to Almost $500M in Bitcoin Through GBTC

https://bit.ly/37kXdKz

Submitted November 29, 2020 at 10:35AM by ProductDude https://bit.ly/37itcLb

Guggenheim opens door to bitcoin exposure for $5 billion macro fund via Grayscale GBTC product

https://bit.ly/2JlzGAX

Submitted November 29, 2020 at 09:58AM by StevenRad https://bit.ly/3mhe8Us

Great Bitcoin moment in a show Hoops


https://bit.ly/2HMCk20 via /r/Bitcoin https://bit.ly/3lkr6zo

Saturday 28 November 2020

Daily Discussion, November 29, 2020


Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.Join us in the r/Bitcoin Chatroom!Please check the previous discussion thread for unanswered questions. via /r/Bitcoin https://bit.ly/39jRJCq

Here's to 13 years on Reddit🍻

https://bit.ly/33nTGKo

Submitted November 29, 2020 at 06:09AM by 0rbytal https://bit.ly/2JieJXN

Don't torture yourself for the price you buy. I can almost guarantee it's cheaper than a year from now... Probably tenfold.


$17,700, nov 28, just for reference :-) via /r/Bitcoin https://bit.ly/2Vb5RWg

Why not more Lightning Network talk?

I’ve been using Strike, Fold, and Breez for the last few months to buy lots of stuff. Probably have spent $1,000-$2,000 per month. No issues. I know it’s beta so we need to be careful, but it’s working really well.

Been buying gift cards for Amazon and have earned hundreds worth of sats. Have bought Bitcoin toys straight from websites that take it. And have sent some tippin.me to folks I like listening to.

Really loving Lightning Network. Using Strike, I pay the sats using my fiat so I never spend my BTC.

Thinking about setting up an LN node of my own so I can take LN payments for a small side hustle I’m thinking of starting.

Mostly I’m just surprised I don’t see more talk about LN. I can’t wait to see what happens with it over the next few years.



Submitted November 29, 2020 at 03:26AM by Imaginary-Friendship https://bit.ly/3mhUaZZ

Guggenheim Fund Files to Be Able to Invest Up to Almost $500M in Bitcoin Through GBTC


https://bit.ly/37kXdKz via /r/Bitcoin https://bit.ly/37itcLb

The Battle For World Reserve Currency


https://bit.ly/3mifK0j via /r/Bitcoin https://bit.ly/3fKoEkJ

Guggenheim opens door to bitcoin exposure for $5 billion macro fund via Grayscale GBTC product


https://bit.ly/2JlzGAX via /r/Bitcoin https://bit.ly/3mhe8Us

Peter Schiff still doesn’t get it. Real Bitcoiners aren’t trying to cash out. We didn’t come here just to sellout for USD War Bucks, but the IRS only accepts USD, so we are forced to comply. Peter Schiff’s opposition to Bitcoin and support for Gold rests entirely on appeals to authority.

https://twitter.com/peterschiff/status/1332743190957481985?s=21

Submitted November 29, 2020 at 02:31AM by the420chronicler https://bit.ly/3mgOf7q

THANK YOU FOR HODL’N

That is all ❤️



Submitted November 29, 2020 at 03:31AM by billyjoelsangst https://bit.ly/37hTYTX

Here's to 13 years on Reddit🍻


https://bit.ly/33nTGKo via /r/Bitcoin https://bit.ly/2JieJXN

Is it me or are these posts about BTC price, future price predictions & BTC mooning getting annoying now?

Not to say that I'm not happy about BTC price increasing but it seems like a lot of people here are just solely focused on BTC mooning so that they could eventually sell for grand profits; such a money oriented mindset when BTC is much more than that. Can we start getting more posts about the fundamentals of BTC, the problems it solves in the world, future applications, even weaknesses in BTC just to create healthy arguments?

All I'm saying is that we all know BTC will eventually rise in price to the point where the barrier of entry would be so high normal retail investors won't be able to get in, just because of how costly BTC will be in the future. So let's shift away from the "$" sign and look towards other great things that BTC provides and share those.

Lol it could be just me but I just find it so annoying seeing these posts in here everyday:

"500K hErE wE Go BoYs! To The Mo0n wE gO!" Lol like we get it BTC will moon shutup. Start talking about more important things please?



Submitted November 29, 2020 at 04:05AM by RuleJust7769 https://bit.ly/2JocK40

Bull run has started

buckle up buckarooooossss



Submitted November 29, 2020 at 12:03AM by PaulChF https://bit.ly/33opTBh

CEO of Morgan Creek believes negative bitcoin news doesn't affect investors.


Mark W. Yusko, CEO of Morgan Creek tweeted:“While threat of such regulation does cause short-term consternation & fear, which have a negative impact on prices of assets related to new technology, long-term outcome does not change, disruption occurs. Pace of disruption has accelerated w/ networks & decentralized systems”Source: Cryptocurrency News via /r/Bitcoin https://bit.ly/3mkNEBq

Bitcoin Could Hit $500,000, the Founder and CEO of Ark Invest Says

https://on.mktw.net/33kPYkD

Submitted November 28, 2020 at 03:49AM by kynek99 https://bit.ly/37hgf4h

Rick Rieder, CIO of BlackRock believes Bitcoin is there to replace gold.

Rick Rieder, Chief Investment Officer of BlackRock which is the world’s largest asset management corporation said at CNBC’s Squawk Box when asked about Bitcoin:

“I think that digital currencies, and their receptivity, particularly millennials’ receptivity of technology and cryptocurrencies, is real. Digital payment systems are real.”

He also believes Bitcoin’s durable technology could make it take gold’s place in the digitizing world.



Submitted November 28, 2020 at 01:35PM by rollingincrypto https://bit.ly/3fKQcGH

Bitcoin Is Now Accepted By All Pizza Hut Outlets In Venezuela


https://bit.ly/39kTL5e via /r/Bitcoin https://bit.ly/3qbTF5K

Welcome To 2030: I Own Nothing, Have No Privacy And Life Has Never Been Better


Welcome To 2030: I Own Nothing, Have No Privacy And Life Has Never Been BetterWorth a read and scary af, this shit sounds like hardcore communist utopia.They had to change the title in the World economic forum website. via /r/Bitcoin https://bit.ly/3mkrkYL

Canada-Listed Investment Firm Sells All Its Ether, Monero to Buy More Bitcoin

https://bit.ly/2Jf83K1

Submitted November 28, 2020 at 07:43AM by WyattMacgregor https://bit.ly/3fFmSkU

BITCOIN VS LEGACY FINANCE

https://bit.ly/2VbzWoG

Submitted November 28, 2020 at 01:13PM by BITCOINMOVIECLIPS https://bit.ly/37cMemp

Raoul Pal: Institutional Clients Entering The Bitcoin Market At An Enormous Pace


https://bit.ly/37dtxik via /r/Bitcoin https://bit.ly/33GiUUv

Multibillion Fund Prepares for Investment in Bitcoin


read more via /r/Bitcoin https://bit.ly/3fHGuEW

PayPal next moves will show it's brilliance

tl;dr PayPal's closed ecosystem for Bitcoin will finally make using Bitcoin for purchases a reality by allowing Bitcoin to be used on millions of merchants' sites and simplify tax reporting by PayPal issuing 1099-B forms for those purchases.

I used to buy stuff with Bitcoin but it was such a pain in the ass to report every purchase on my taxes. There are a bunch of people that are anti-IRS in the Bitcoin community and don't feel like people are obligated to report to the IRS their purchases using Bitcoin. I don't want to debate that. Let's assume every purchase that a person makes with Bitcoin needs to be reported on form 8949. When a person buys on exchanges like coinbase, binance, etc, those exchanges are an open eco-system. Once a bitcoin leaves those exchanges, those exchanges don't know what happens to those bitcoins(for the most part). So, those exchanges can't automate your tax filings.

PayPal has setup a closed eco-system where they know a person's purchase history of bitcoin, their sales history of bitcoin and the history of when they bought something using bitcoin(via PayPal). So, PayPal has all the necessary information to generate a 1099-B for that person. A 1099-B completely simplifies tax filing for purchases made with Bitcoin.

To give you a concrete example. Let make the following assumptions:

I bought 1 bitcoin on August 1st 2020 for $10,000

On Sept 1st, 2020, I bought a TV for $2000 using Bitcoin and the price of one Bitcoin was $20,000.

So, let's work through what happens if I used Coinbase to originally buy that 1 bitcoin. So I bought that Bitcoin and then I moved it to my hardware wallet. I had to pay some amount of bitcoin in transaction fees to move that bitcoin. To make things "simple", let's assume the network transaction fee was .01 btc. So that improves my cost basis but overall it cost me money but my new cost basis is .99 bitcoin for a $10,000(this makes the effective cost basis of 1 btc to be $10,101.01). Then I purchase the tv from my hardware wallet. There would be another network transaction cost but let's assume it was free. Coinbase has no idea what I did with that bitcoin that I bought from them. So, it's now my obligation to report my capital gain to the IRS since the price had gone up since I bought that bitcoin. So, my capital gain would be: I used .1 bitcoin to buy a $2000 TV. My cost basis of that .1 btc was $1010.01. So I had a capital gain fo $989.99 that I need to pay short term capital gain taxes on that.

Now I imagine that I buy a $4 cup of coffee every day. I have to do this calculation for every cup of coffee that I had. Complete and utter insanity to manually calculate the capital gain of every purchase a person makes. I decided it wasn't worth it so I stopped buying things with bitcoin.

Let's work through the example of the closed eco-system of PayPal. Since PayPal doesn't allow me to move bitcoin in or out, they know exactly my cost basis of all of the btc that I have in my PayPal bitcoin wallet. Now I used a merchant that accepts PayPal(which is a lot of them) and I used the bitcoin that I bought via PayPal. PayPal knows exactly what my capital gain/loss is on that purchase. At the end of the year, they generate a 1099-B. All tax software can easily import a 1099-B. There is no manual calculation that I need to do. I don't need to keep track of any cost basis. PayPal has literally solved what I believe is the number one issue of using bitcoin for day to day purchases. There are only three companies in the U.S. that could pull this off. They are PayPal, Visa and MasterCard. A company needs to be already integrated into merchants.

Also, when I make a purchase using my PayPal bitcoin wallet to a PayPal merchant, PayPal doesn't need to register that transaction on bitcoin's blockchain. So, there will be no network fee for that. Yes, this is centralization. Yes, this goes against a root philosophy of decentralization.

I understand a lot of Bitcoin purists dislike these choices of PayPal. I think it's brilliant as a business strategy for PayPal. I personally will take the tradeoffs if PayPal makes it simply for me to make purchases with bitcoin. I think it's great for bitcoin if this improves adoption rate, increases the number of merchants accepting bitcoin and brings bitcoin mainstream.

References:

https://fortune.com/2020/11/02/paypal-cryptocurrency-bitcoin-venmo/

"According to Schulman, starting in the first half of next year PayPal will let users draw from cryptocurrency accounts to pay for goods and services at 28 million merchants that use the company's platform."



Submitted November 28, 2020 at 09:36AM by DrRobertBottle https://bit.ly/2HJ0Lxh

Rick Rieder, CIO of BlackRock believes Bitcoin is there to replace gold.


Rick Rieder, Chief Investment Officer of BlackRock which is the world’s largest asset management corporation said at CNBC’s Squawk Box when asked about Bitcoin:“I think that digital currencies, and their receptivity, particularly millennials’ receptivity of technology and cryptocurrencies, is real. Digital payment systems are real.”He also believes Bitcoin’s durable technology could make it take gold’s place in the digitizing world. via /r/Bitcoin https://bit.ly/3fKQcGH

MY STORY OF BEING SCAMMED BY FREEWALLET (350+ XMR HELD HOSTAGE OVER 2 MONTHS NOW)


PLEASE HELP ME UPVOTE THIS POST I FEEL THIS MIGHT BE BEST WAY TO GET THEM TO RELEASE MY FUNDS! THANK YOU ALL SO VERY MUCH FOR THE SUPPORT!!MY STORY OF BEING SCAMMED BY FREEWALLET:FREEWALLET is holding 350+ XMR of mine hostage, and are unwilling to release it! It has been OVER 2 months now! (Yes I know I now about "Not your keys not your wallet")Unfortunately my XMR wallet was malfunctioning(one of my CAKE wallets), and still is regardless of how many times I've uninstalled and reinstalled it(white screen with error messages) so I searched for another wallet, and FREEWALLET was at top.Here is where I made the mistake, since I was in a rush (LESSON LEARNED I PROMISE).I didn't even realize what i had done until it was too late. I had sent tens of thousands of dollars to a CUSTODIAL WALLET!!!!They gladly accepted my donation, but I immediately tried to send the funds out, after realizing, and was flagged for "SUSPICIOUS ACTIVITY" So let me get this straight taking my funds BACK into my control is SUSPICIOUS??? (What a bunch of SCAMMERS)Ive provided them:Photo IDScreenshots of wallet the transactions came fromRing signatures,Proof of residence,Pictures of me in front of computer with sending wallet open and a ridiculous pic they sent.After sending them this, they then asked where the funds came from, and it was another wallet I had which I also sent them DETAILED info from!! (They keep asking questions until they find something that you cannot comply with then this somehow gives them justification to STEAL YOUR FUNDS)At each step they assured me that this is the "LAST THING OUR SECURITY DEPARTMENT NEEDS TO COMPLETE VERIFICATION"I have provided them everything short of a STOOL SAMPLE, which I'm gladly able and willing to send if they provide a valid address... you know just so they can verify that the funds are mine...I have asked them for their ADDRESS Their NAMES and of course they will not comply!I noticed that They tend to PLAY A GAME WITH YOU BY ASKING FOR THE SAME INFORMATION 3-5 TIMES (Most likely to delay the process and have more time with your funds)As far as I can tell I am the ONLY person they have held funds for over 2 months!So those asking if FREEWALLET IS A SCAM?ABSOLUTELY!! FREEWALLET IS A SCAM!!I have never in my almost 10 years of crypto witnessed anything like this, or had funds held without any justification, for such a long time!Most recently they are asking me:" please provide us with a photo of the certified purchase agreement containing the buyer's and seller's IDs. The document should also contain transaction hashes, addresses and amount."This Monero came from MANY transactions, mostly cash, done over the course of years with people I meet in Meetups and Crypto Conferences (I'm very involved with Crypto, and yes I should have known better)Impossible to provide this information even if I wanted to!!How dare they ask for ID of a person that I purchased coins from?Like anyone would be willing to provide their personal information to a SCAM WEBSITE, or me?And what does any of this have to do with verification? I sent them Ring signatures that CONFIRM that the funds came from me. NO ONE else in the whole world would have access to this information!!I hope that others can learn from my mistake, and avoid #FREEWALLET like the plague!!If you read this Please tell others you may encounter about this SCAM so that they are not effected!I believe that if the community STANDS up against these SCAMMERS, together we can take them down, or at least limit the number of people that they effect!!I am working on a website that will detail all of my ordeals with them and a place where others can go to post details of their negative encounters with freewallet, since they buy positive reviews to offset the negative ones, I mean they made enough $$ from me alone to buy several thousand positive reviews! (its easy to tell the fake reviews they usualy one line and talk about the "great User Interface" also the accounts have 3 names like" Jose Louis Gonzales" whereas the negative reviews are detailed and only have first and last names!If you have been scammed by FREEWALLET SCAM please CONTACT ME!(Hope I used "SCAM" enough times also "SELECTIVE SCAMMING")#Freewalletscam #Freewalletisascam u/freewallethelp r/Freewallet_orghttps://preview.redd.it/subl3lsstx161.jpg?width=1386&format=pjpg&auto=webp&s=89fff4077dda9837e06b12038f301cd23f9726c5https://preview.redd.it/bcwo0esstx161.jpg?width=1344&format=pjpg&auto=webp&s=c918c2537adf184c845ebf9c8d82d0f0efa19223https://preview.redd.it/mwhkufsstx161.jpg?width=1340&format=pjpg&auto=webp&s=53235a4ebc5c16bab3b2c5072f862b15a63cf7a7https://preview.redd.it/nzmdmisstx161.jpg?width=1390&format=pjpg&auto=webp&s=aafc9b02c7f5e95dd32df2c3ea221a10b1625c8ahttps://preview.redd.it/z4pswosstx161.jpg?width=1389&format=pjpg&auto=webp&s=04a4e42853dfba5af72604d75a0a6cb7e2aa729bhttps://preview.redd.it/ruvfzpsstx161.jpg?width=1391&format=pjpg&auto=webp&s=36e70793eeac30db9204d1c04faa1d931bd9f9b7https://preview.redd.it/mlrr7esstx161.jpg?width=1389&format=pjpg&auto=webp&s=bef4c22eaa9cd20a69c5ab1bce58036176dbbd67https://preview.redd.it/8hdxkesstx161.jpg?width=1392&format=pjpg&auto=webp&s=1964417a0db07949915173a5d7f441f9564c0f54https://preview.redd.it/q0qzlasstx161.jpg?width=1384&format=pjpg&auto=webp&s=31dfebc0dc2d8d88d6c7711749a4f08c17fdc0behttps://preview.redd.it/iaevadtstx161.jpg?width=1391&format=pjpg&auto=webp&s=2840531928505e1af5005456743398f96d7d37ffhttps://preview.redd.it/gnh19ftstx161.jpg?width=1147&format=pjpg&auto=webp&s=ffc28cabdfc2f56f273ca648380307ab3c0fe28fhttps://preview.redd.it/ja8l3ftstx161.jpg?width=1389&format=pjpg&auto=webp&s=d87eb7b5ab7a0d130e8f61eb62ea0aff862bc311https://preview.redd.it/02kh3fsstx161.jpg?width=1176&format=pjpg&auto=webp&s=2eae2045f47bda4af753d2917135669d7496d3a2https://preview.redd.it/z1ewijsstx161.jpg?width=1389&format=pjpg&auto=webp&s=8290cd87f60b5affd3764135b744916a3b5e19e9https://preview.redd.it/yct0vfsstx161.jpg?width=1391&format=pjpg&auto=webp&s=c26e22e9900979e6a60564018430395a443d8d3bhttps://preview.redd.it/4qj0gesstx161.jpg?width=1392&format=pjpg&auto=webp&s=980ba9b9c6ef73ee0662559a813a4825c27fb876https://preview.redd.it/sr2fhlsstx161.jpg?width=1389&format=pjpg&auto=webp&s=08a74a8152a4f2359a9fd8871660ab52b385c5abhttps://preview.redd.it/t3fz0fsstx161.jpg?width=1388&format=pjpg&auto=webp&s=4976aed6d635132f2197eb84b441f2790044c47ahttps://preview.redd.it/r3arjgsstx161.jpg?width=1287&format=pjpg&auto=webp&s=89bd753acd1456125e504aa58a45337b7e45e68c via /r/Bitcoin https://bit.ly/39lJshl

BITCOIN VS LEGACY FINANCE


https://bit.ly/2VbzWoG via /r/Bitcoin https://bit.ly/37cMemp

Friday 27 November 2020

I made this meme hope some will like it.

https://youtu.be/QhS6EVBp1_c?t=1

Submitted November 28, 2020 at 04:04AM by S4lkis https://bit.ly/3fHfhCk

If you’re in this for real, you know that conditions have never better. BTFD.


No text found via /r/Bitcoin https://bit.ly/33FL16f

Daily Discussion, November 28, 2020


Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.Join us in the r/Bitcoin Chatroom!Please check the previous discussion thread for unanswered questions. via /r/Bitcoin https://bit.ly/2VeOOm0

PayPal next moves will show it's brilliance


tl;dr PayPal's closed ecosystem for Bitcoin will finally make using Bitcoin for purchases a reality by allowing Bitcoin to be used on millions of merchants' sites and simplify tax reporting by PayPal issuing 1099-B forms for those purchases.I used to buy stuff with Bitcoin but it was such a pain in the ass to report every purchase on my taxes. There are a bunch of people that are anti-IRS in the Bitcoin community and don't feel like people are obligated to report to the IRS their purchases using Bitcoin. I don't want to debate that. Let's assume every purchase that a person makes with Bitcoin needs to be reported on form 8949. When a person buys on exchanges like coinbase, binance, etc, those exchanges are an open eco-system. Once a bitcoin leaves those exchanges, those exchanges don't know what happens to those bitcoins(for the most part). So, those exchanges can't automate your tax filings.PayPal has setup a closed eco-system where they know a person's purchase history of bitcoin, their sales history of bitcoin and the history of when they bought something using bitcoin(via PayPal). So, PayPal has all the necessary information to generate a 1099-B for that person. A 1099-B completely simplifies tax filing for purchases made with Bitcoin.To give you a concrete example. Let make the following assumptions:I bought 1 bitcoin on August 1st 2020 for $10,000On Sept 1st, 2020, I bought a TV for $2000 using Bitcoin and the price of one Bitcoin was $20,000.So, let's work through what happens if I used Coinbase to originally buy that 1 bitcoin. So I bought that Bitcoin and then I moved it to my hardware wallet. I had to pay some amount of bitcoin in transaction fees to move that bitcoin. To make things "simple", let's assume the network transaction fee was .01 btc. So that improves my cost basis but overall it cost me money but my new cost basis is .99 bitcoin for a $10,000(this makes the effective cost basis of 1 btc to be $10,101.01). Then I purchase the tv from my hardware wallet. There would be another network transaction cost but let's assume it was free. Coinbase has no idea what I did with that bitcoin that I bought from them. So, it's now my obligation to report my capital gain to the IRS since the price had gone up since I bought that bitcoin. So, my capital gain would be: I used .1 bitcoin to buy a $2000 TV. My cost basis of that .1 btc was $1010.01. So I had a capital gain fo $989.99 that I need to pay short term capital gain taxes on that.Now I imagine that I buy a $4 cup of coffee every day. I have to do this calculation for every cup of coffee that I had. Complete and utter insanity to manually calculate the capital gain of every purchase a person makes. I decided it wasn't worth it so I stopped buying things with bitcoin.Let's work through the example of the closed eco-system of PayPal. Since PayPal doesn't allow me to move bitcoin in or out, they know exactly my cost basis of all of the btc that I have in my PayPal bitcoin wallet. Now I used a merchant that accepts PayPal(which is a lot of them) and I used the bitcoin that I bought via PayPal. PayPal knows exactly what my capital gain/loss is on that purchase. At the end of the year, they generate a 1099-B. All tax software can easily import a 1099-B. There is no manual calculation that I need to do. I don't need to keep track of any cost basis. PayPal has literally solved what I believe is the number one issue of using bitcoin for day to day purchases. There are only three companies in the U.S. that could pull this off. They are PayPal, Visa and MasterCard. A company needs to be already integrated into merchants.Also, when I make a purchase using my PayPal bitcoin wallet to a PayPal merchant, PayPal doesn't need to register that transaction on bitcoin's blockchain. So, there will be no network fee for that. Yes, this is centralization. Yes, this goes against a root philosophy of decentralization.I understand a lot of Bitcoin purists dislike these choices of PayPal. I think it's brilliant as a business strategy for PayPal. I personally will take the tradeoffs if PayPal makes it simply for me to make purchases with bitcoin. I think it's great for bitcoin if this improves adoption rate, increases the number of merchants accepting bitcoin and brings bitcoin mainstream.References:https://fortune.com/2020/11/02/paypal-cryptocurrency-bitcoin-venmo/"According to Schulman, starting in the first half of next year PayPal will let users draw from cryptocurrency accounts to pay for goods and services at 28 million merchants that use the company's platform." via /r/Bitcoin https://bit.ly/2HJ0Lxh

I did it. I emptied my Coinbase account.

Yeah, the title was a little bait and switch, but I did empty my coinbase account. I finally pulled the trigger and took control of my own keys.

I have always been hesitant to maintain full custody of my bitcoin since I wasn't 100% sure I could reliably and responsibly control it. My personal coinbase holdings were from my early days and it has been a relatively small amount. Plus I've just been lazy.

However, with everything going on with Coinbase, and rumors that they will be introducing new policies with the US government regarding self-custody, I am pretty worried they will sanction BTC for all US citizens. Yes, I know it's an extreme case, but as soon as things get real and the current elite realize they have holes in their moneybags (inflation, quantitative easing, stimulus, money printing, bailouts, etc...), they will probably take extreme measures to make sure they retain power.

p.s.

If anyone has or knows someone with mass amounts of venture capital, and wants to bring a better mousetrap to the market, I have a working concept for a hardware wallet that is better than any of the current offerings. I have the manufacturing set up. Just need the money to place the order. I also have experience in manufacturing crypto hardware and software, created the first plug-and-play bitcoin miner, and founded Hands Free Bitcoin. And before anyone starts trolling, yes, my business accounts have always had excessive custodial measures taken to ensure security. My personal coinbase holdings were from my early days and I just haven't taken time to pay much attention to them until now.



Submitted November 28, 2020 at 05:19AM by Adamsimecka https://bit.ly/2JpwKmU

Canada-Listed Investment Firm Sells All Its Ether, Monero to Buy More Bitcoin


https://bit.ly/2Jf83K1 via /r/Bitcoin https://bit.ly/3fFmSkU

Ok, did it. I bought twice as much as my normal dca with this black Friday sale. Now I'm just going to sit back and watch the rest of you stack sats.

EDIT: thank you everyone for your support, to clarify, when I said "dca" I didn't mean dca, I meant the daily cost that I was averaging, not dca. Also, on this day, after the market took a big dip, I bought twice what I normally do on a daily cost that I average when making sat purchases. Thank you to everyone that clarified this for me. HODL!



Submitted November 27, 2020 at 11:47PM by ellusiveuser https://bit.ly/3o1mIXV

The very first person to receive Bitcoin from Satoshi himself is ...


Hal Finney!He is a cryptographer, computer scientist, and contributor to bitcoin received 10 bitcoins from Nakamoto himself – to test the software.https://bit.ly/2KJ849n via /r/Bitcoin https://bit.ly/39nCKaI

Imagine it's the year 2030. And someone is reading the comments & FUD posted in r/bitcoin today in respect of the ecosystem. Here's a copy of a random thread posted in r/bitcoin 9 Years ago, same thing shills and trolls spreading FUD about Bitcoin and the collapsing market.



Submitted November 28, 2020 at 02:26AM by SAT0SHl https://bit.ly/33lj03s

I did it. I emptied my Coinbase account.


Yeah, the title was a little bait and switch, but I did empty my coinbase account. I finally pulled the trigger and took control of my own keys.I have always been hesitant to maintain full custody of my bitcoin since I wasn't 100% sure I could reliably and responsibly control it. My personal coinbase holdings were from my early days and it has been a relatively small amount. Plus I've just been lazy.However, with everything going on with Coinbase, and rumors that they will be introducing new policies with the US government regarding self-custody, I am pretty worried they will sanction BTC for all US citizens. Yes, I know it's an extreme case, but as soon as things get real and the current elite realize they have holes in their moneybags (inflation, quantitative easing, stimulus, money printing, bailouts, etc...), they will probably take extreme measures to make sure they retain power.p.s.If anyone has or knows someone with mass amounts of venture capital, and wants to bring a better mousetrap to the market, I have a working concept for a hardware wallet that is better than any of the current offerings. I have the manufacturing set up. Just need the money to place the order. I also have experience in manufacturing crypto hardware and software, created the first plug-and-play bitcoin miner, and founded Hands Free Bitcoin. And before anyone starts trolling, yes, my business accounts have always had excessive custodial measures taken to ensure security. My personal coinbase holdings were from my early days and I just haven't taken time to pay much attention to them until now. via /r/Bitcoin https://bit.ly/2JpwKmU

Let's not forget what Bitcoin is really capable of outside of Hodling. Here's a payment between two completely unrelated banks in Europe powered by Lightning - Near INSTANT and for stupidly low fees.


https://bit.ly/3meLMKC via /r/Bitcoin https://bit.ly/3q4kVmJ

Funny Bitcoin ad spotted in London


https://bit.ly/3mgD7Hv via /r/Bitcoin https://bit.ly/3q9JXRp

I put many, many, many hours into the creation of this video

There are so many great articles on Bitcoin, but not enough videos that put the concepts into visuals and link the different layers from "why" to "how". So I tried doing that with a video where I cover everything I learned throughout the years. Economics, Ethics and Technology.

https://www.youtube.com/watch?v=Ai5z2T4WhWg

About me: I got into Bitcoin 2017 and ofc bought the top. I then diversified into alts and got rekt even harder. I guess this is the natural Bitcoiners starting path. However having my skin in the game I started learning and kept buying. From Andreas talks to The Bitcoin Standard as a start. After that articles, Mises, Hayek and Rothbard. Running a full node, understanding the technology through Mastering Bitcoin.

Here I am 3 years later. I love this community and the revolution we are witnessing. This video is my contribution. If you like it, please consider subscribing. Thank you!



Submitted November 27, 2020 at 08:30PM by tillmusshoff https://bit.ly/3mer79A

Nigeria Is Emerging as a True Bitcoin Nation - Satoshi Nakamoto’s original use case, for Bitcoin as a payment tool, is positively thriving there.

https://bit.ly/37c3FDv

Submitted November 27, 2020 at 06:46PM by probotika https://bit.ly/2Vay8fv

Doesn't it make you uneasy that big companies own insane amounts of Bitcoin?


Or do you think they're just whales like any other? I know it's inevitable, but Id rather have hundreds of thousands of companies have a few bitcoins, than a few companies having hundreds of thousands of Bitcoins. via /r/Bitcoin https://bit.ly/33mrRC8

“Banning” non-custodial wallets is impossible to enforce. Sort of like “banning” drugs....


Don’t let these short term swings get to you. It’s just more FUD. We’ve been seeing these same types of news stories since China banned bitcoin back in 2013 via /r/Bitcoin https://bit.ly/2VbtEVY

I put many, many, many hours into the creation of this video


There are so many great articles on Bitcoin, but not enough videos that put the concepts into visuals and link the different layers from "why" to "how". So I tried doing that with a video where I cover everything I learned throughout the years. Economics, Ethics and Technology.https://www.youtube.com/watch?v=Ai5z2T4WhWgAbout me: I got into Bitcoin 2017 and ofc bought the top. I then diversified into alts and got rekt even harder. I guess this is the natural Bitcoiners starting path. However having my skin in the game I started learning and kept buying. From Andreas talks to The Bitcoin Standard as a start. After that articles, Mises, Hayek and Rothbard. Running a full node, understanding the technology through Mastering Bitcoin.Here I am 3 years later. I love this community and the revolution we are witnessing. This video is my contribution. If you like it, please consider subscribing. Thank you! via /r/Bitcoin https://bit.ly/3mer79A