Sunday, 31 January 2021
Bitcoin billboard in London!
WE LIKE THE COIN!
25 year old doctor.... Just dumped half of my entire net worth into Bitcoin after researching the technology
Genuinely think Blockchain is going to change the world. I'm considering going back to University for a year to do a masters/thesis in cryptocurrency and the role it has to play in our future, or studying the online literature that's available now
Dumped half of my net worth into it too. I explained why In this video I made if you want to know more. (https://youtu.be/c8K994iVosQ)
what are your guy's opinions on Bitcoin this year?
Edit: thanks for all the positive feedback, didnt mean to come off as pretentious mentioning my background... my apologies
Submitted January 31, 2021 at 11:37PM by YazLoL https://bit.ly/3oB3cSb
United we stand
Submitted January 31, 2021 at 10:47PM by Rattlesnake_Mullet https://bit.ly/2MnRkpt
Something tells me this week is going to be wild...
More than 200,000 subscribers in 4 days
Spotted in Glasgow, Scotland. 🔥🚀
Submitted February 01, 2021 at 06:29AM by Chemical_Hat6446 https://bit.ly/3j8Drr1
Apple and Google should make there own Bitcoin wallets and allow it to be spent on Apple/Google Pay
Spotted in Glasgow, Scotland. 🔥🚀
To all the WSB people scrolling through here for the first time. We welcome you and your diamond hands.
What GME did to hedge funds, BTC has been quietly doing to Central Banks and Governments for 10 years, they just don't know it yet.
Thank you for waking up and becoming a part of the revolution, we applaud your efforts in fighting our ownership class.
As you start interacting here know that we still love you, even if you aren't ready for things like a hardware wallet or private key storage yet. Some of us are just really hardcore about that. They are awesome people full of great information when you are ready to go down that road.
As you get to know us you will find our hands aren't diamonds they are the collapsed star material that makes up a black hole. We use Satoshis to measure our wealth, not dollars. Telling us to hold our positions is like telling a fish to swim, we don't know anything else.
Submitted January 31, 2021 at 10:04PM by RookXPY https://bit.ly/2NMEKQN
Why isn't anyone talking about how coinbase "accidently" disabled buy orders and tanked the price from 40k to 30k?
So the whole GME fiasco made me realize how vulnerable we all are to the whims of hedge funds and other financial institutions who rig the game in their favor.
When brokerage firms disabled buy orders for meme stocks, it reminded me of when coinbase "accidently" didn't process any buy orders and tanked the price to 30k within days. This shows me that bitcoin is also susceptible to the same kind of bad actors as GME is. If hedge funds are shorting bitcoin, who's to say they won't influence bitcoin exchanges to shut down buying orders while leaving sell orders in tact? In fact, I'm starting to wonder if that "bug" in coinbase was really even a bug or intentional. I just found out hedge funds were shorting bitcoin in the billions, so maybe they were worried about the price going even further than 42k.
To he honest, I find the whole GME situation frustrating. The system's corruption was exposed on Thursday and Friday, but I bet nothing will be done about it.
Submitted January 30, 2021 at 11:49PM by TSLA_BTC https://bit.ly/3aokpsI
Bitcoin will flip Apple by market cap at $120,442
Submitted January 31, 2021 at 07:18AM by mansoortaken https://bit.ly/36sbu8s
To all the WSB people scrolling through here for the first time. We welcome you and your diamond hands.
Saw this on Twitter, i want me one of these! 🔥
The battle for Middle Class.
Submitted January 31, 2021 at 12:47PM by Dooowta https://bit.ly/3r6u51N
Visa May Add Cryptocurrencies to Its Payments Network, Says CEO
Elon Musk’s Bitcoin timeline!
Submitted January 31, 2021 at 09:41AM by TacticalWolves https://bit.ly/39yBTne
When randoms from wallstreetbets find their way here
Submitted January 31, 2021 at 04:06PM by interslicer https://bit.ly/3crPRJq
Conventional currency
New subscribers to our Bitcoin subreddit - WELCOME ALL!
Submitted January 31, 2021 at 10:27AM by digitalmoneyguru https://bit.ly/3r8h4VG
When randoms from wallstreetbets find their way here
Ask yourself: What do these people know that you don't
Submitted January 31, 2021 at 05:32AM by WeedLife2020 https://bit.ly/3tayPoY
New subscribers to our Bitcoin subreddit - WELCOME ALL!
The battle for Middle Class.
Saturday, 30 January 2021
Elon Musk’s Bitcoin timeline!
Daily Discussion, January 31, 2021
My favorite part of #bitcoin is that you can buy $20- or $2million dollars at a time. I used to think you had to buy whole coins.
Submitted January 30, 2021 at 10:50PM by Stud-Rocket https://bit.ly/36rRXVO
In less than 6hrs, BTC will have sustained $30k for 30 consecutive days.
What a glorious month!
P S - Fuck Wall St.
Submitted January 31, 2021 at 07:15AM by notyouagain2 https://bit.ly/2Yu8Nip
Bitcoin will flip Apple by market cap at $120,442
Earlier this month I found an old bitcoin account I had which only had £7 in it back in 2015. I ended pulling it at over £1000. Serious FOMO hitting me hard right now. But this has certainly helped in clearing out some student debt.
Submitted January 30, 2021 at 09:34PM by bestdylemma https://bit.ly/3oz9Bgy
Ask yourself: What do these people know that you don't
In less than 6hrs, BTC will have sustained $30k for 30 consecutive days.
Hedge Funds are short $5 Billion of Bitcoin. Pass it on...
Hedge funds short bitcoin to tune of more than $1 billion 🤔
[PSA] Robinhood Insolvency Dangers
I posted this over at r/wallstreebets as well.
Robinhood appears to be on the verge of insolvency based on a few data points:
- To continue operating, it drew on a line of credit from six banks amounting to between $500 million and $600 million
- They had to raise an emergency $1 billion from investors today.
- They stopped allowing users to buy GME and other meme stonks for a full day yesterday.
- They have severely limited or blocked 50+ stocks, including lots of non meme stonks. More are likely.
- They are not allowing people to exercise their options, instead they are automatically selling them at a price of their choosing.
- There appears to be a bank run on Robinhood as people are fed up with the restrictions, this is a negative feedback loop.
If Robinhood goes under the SEC will freeze all the accounts. The SIPC protects up to $500k in accounts.
BUT MOST IMPORTANTLY, IF YOU HAVE CRYPTOCURRENCIES AT ROBINHOOD, IT APPEARS YOU WILL LOSE EVERYTHING!
I am not bullshitting. Look at their How You're Protected support page for yourself:
Cryptocurrency investments through Robinhood Crypto are not protected by SIPC and that Robinhood Crypto is not a member of FINRA or SIPC.
Submitted January 30, 2021 at 11:20AM by theaback https://bit.ly/2YpVWxM
Why Bitcoin remains and will remain the most valuable crypto currency.
100,000 new members on r/Bitcoin in one day!
Welcome! :) This is so exciting!
Submitted January 30, 2021 at 03:29PM by First_Time_Optimist https://bit.ly/2M89ADf
Warning: Get your Bitcoin out of Robinhood while you still can!
The Bitcoin moon song feat. Musk, Saylor and Back
Scaramucci’s tie on CNBC today...
Submitted January 30, 2021 at 06:00AM by Monith1979 https://bit.ly/3r90fKf
It's a big club. And you ain't in it.
Submitted January 30, 2021 at 12:59AM by Daboloskov https://bit.ly/39uKNlq
Ray Dalio Calls Bitcoin ‘One Hell of an Invention,’ Considers It for New Funds
Submitted January 29, 2021 at 09:23PM by NunoEdgar_Investor https://bit.ly/3pxBgzE
100,000 new members on r/Bitcoin in one day!
[PSA] Robinhood Insolvency Dangers
If you join Bitcoin today due to Musk's tweet, remember to DCA!!!
To all newcomers arriving in BTC-world today: don't go all in.
Buy a little bit now, a little bit tomorrow, etc.
You don't want to get burned on your frist day entering the crypto-world (yes, you may not get burned, but a retest of something like 35k is likely, so stay rational and dollar-cost-average).
edit: thanks for the rewards. i think they are my first ones ;-)
Submitted January 29, 2021 at 10:33PM by saboshinagobongo https://bit.ly/3aeGDxj
Daily Discussion, January 30, 2021
Friday, 29 January 2021
Fiat Will Eat Itself
Submitted January 30, 2021 at 03:27AM by adampsyreal https://bit.ly/36na5A2
Hedge funds have shorted about 5bn of Bitcoin futures
To cover it up, they would need to buy back about 150 000 bitcoins.
I will let you connect the dots with what happened this last week
Submitted January 30, 2021 at 05:32AM by floflodea3 https://bit.ly/2YuJpcd
Scaramucci’s tie on CNBC today...
I made a portrait of our latest recruit Elon Musk
Submitted January 30, 2021 at 06:35AM by ESGombrich https://bit.ly/2NP0hsg
Visa CEO calls Bitcoin 'digital gold', outlines strategy to integrate crypto
Submitted January 30, 2021 at 01:30AM by ManahilGilbert https://bit.ly/3tbWB3R
Hedge funds have shorted about 5bn of Bitcoin futures
Welcome to the squad, Elon.
Submitted January 30, 2021 at 01:44AM by heist95 https://bit.ly/3cjJXtL
I made a portrait of our latest recruit Elon Musk
Bitcoin Newcomers FAQ - Please read!
The message of Elon Musk was just embedded into the Bitcoin blockchain for all of eternity
Welcome, Elon.
upvote every post on r/bitcoin to spread the word. we will reach all and the retail frenzy will fomo into bitcoin
to the moon bois. its works for dogecoin it will work for bitcoin
Submitted January 29, 2021 at 11:05AM by atrueretard https://bit.ly/3r1tvT8
After GME I finally understand Bitcoin
The /r/wallstreetbets GME retail investors vs the 0.1% situation has lead me to a place of clarity. The game is rigged, and the owners of the system will react with haste and break any laws they must to protect their cartel. For those not following the event
- Retail investors, realised the shares of GME and some other companies were heavily shorted and in short supply, so they started buying in the hope of forcing a short squeeze (whereby the holder of the shorts will then have to buy more stock to cover their shorts, sending the price through the roof, an example is Volkswagen [VW] in the 2000's). This is perfectly legal.
- the plan worked, GME went from $2 to $470 in a short space of time.
- Melvin Capital, a Hedge fund took a massive (likely $6 billion) short position in GME and faced closure if the bet went against them, they were losing money at a fast rate and got a bail out last week by other wall street Hedge funds.
- Melvin Capital then went on CNBC and other networks to reveal they had closed their short positions, it's highly unlikely as the options volume did not back up their claim, they were simply spreading disinformation, again this is perfectly legal
- the retail investors at /r/wallstreetbets simply would not give up, they kept buying, the end goal could have seen the stock reach $5K based on the VW scenario.
- the 0.1% moved to then protect the 0.1% from losing money by using the stock brokerages they own or control(Robinhood, TD, IB and all the other big players) to firstly prevent the retail investors buying more stock, you could simply not buy these stocks, you could only sell, some companies even forcibly closed down open options positons even in the absense of margin calls, so your account is in good standing with enough liquidity and they decide which stock you can have and which you can not, in this time big institutions are allowed to buy as much of this stock as they desire, just the retail traders are locked out of the casino. This is highly illegal and known as market manipulation, it also flies in the face of the idea that we have a free market.
- people like AOC, Elon Musk, Chamath have all come out on the site of the retail traders at /r/wallstreetbets
- Interactive Brokers chairman and founder Thomas Peterffy goes on CNBC’s “Closing Bell” an is literally weeping, explaining he feels hurt that his large, moneyed 0.1% friends are losing money due to the retail investors, oh the horror, how can these small investors make my friends lose money? Don't they know the implications of their actions? The horror.
The guys at /r/wallstreetbets simply did not understand that in our world only old money gets to make real money, the little guy must be shut down and should never have a slice of the action, all he gets is inflation and a 9 to 5 job, plus side hustle if he/she's lucky. If the little guy ever finds a way to gain an advantage the loophole is quickly closed.
- the SEC Chair then threatens to investigate the redditors on /r/wallstreetbets by tracking down their IP numbers with the help of reddit
- The /r/wallstreetbets discord server is banned.
All the years I talked trash about bitcoin, I apologise, now I genuinely understand the value of having a system not controlled by the government, where they can not on a whim decide to inflate the money supply and bail out their friends, while you carry the load in the form of additional taxes and inflation.
Submitted January 29, 2021 at 03:25PM by Warhammer100K https://bit.ly/3iVGbb8
Elon's in
Submitted January 29, 2021 at 04:32PM by jaaalyo https://bit.ly/36pzHwl
Pomp crushed it with CNBC today.
After GME I finally understand Bitcoin
Elon's in
Winklebros on CNBC fighting with hosts about gemini and how corrupt the current stock market system is
Submitted January 29, 2021 at 06:04AM by takukuku https://bit.ly/3ck2eHi
My WSB stocks got fucked, so I bought more BTC
All, I bought GME, AMC, BB, and NOK with the rest of the WSB family to fuck the system and the system fucked us. It’s obvious for all to see. Frozen trading where the only option is to SELL? FUCK YOU. I hope that the class action lawsuit is so nasty that multiple hedge funds declare bankruptcy and personal assets are seized — because, to be clear, the effort by shorting GME 140% of the shares was to put 50,000 people out of work in the middle of a pandemic by shutting the business. It feels personal. It should fucking hurt, really hurt, the perpetrators.
“Retail investor” is such a demeaning phrase — as opposed to “Inside trader?” Suck a fat 🍆.
Look, I’m writing this in Bitcoin chat not because BTC is incredibly equal amongst its owners (it clearly isn’t), but it Absolutely is an alternative.
I went into this year bullish for equities and I still am; however, when free markets force liquid losses from the common man — when asset bubbles have made the already wealthy obscenely filthy rich — and then they bitch about the rules of their own game? I’m fucking out.
I’ll keep my stocks and inflate them with my already inflated dollars and then happily increase my Dollar Cost Average rate of investment into BTC.
Because equities aren’t equal, though they should be.
Free markets aren’t free, though they should be.
At least crypto, while it might not be free or equal — is fucking MINE. Finally, ownership over an asset that we apparently can have control over.
Damn, I’m angry. Fucking livid. And that’s why I’m digging into BTC harder than I ever have.
The system needs a good fucking. Shall we?
Submitted January 29, 2021 at 10:02AM by Platotalks https://bit.ly/2NHq9WR
upvote every post on r/bitcoin to spread the word. we will reach all and the retail frenzy will fomo into bitcoin
Daily Discussion, January 29, 2021
Thursday, 28 January 2021
I'm ecstatic that Robinhood manipulation happened.
It shows the people exactly how the system has always been rigged against the people.
I hope more and more people start understanding the value of Crypto currency, which can evade the centralised powers.
Bitcoin to the moon 🚀 🚀🚀
Submitted January 29, 2021 at 04:55AM by ultron290196 https://bit.ly/39osRJf
I give it about a week before everyone in GameStop moves to Bitcoin
Everyone that was seriously trying to make a quick buck off GameStop and have now realized the problem with it are going to realize robinhood can do this whenever they like. This is the perfect ad for Bitcoin as a solution, as soon as this whole debacle is over I expect a big stampede to Bitcoin. Buckle up
Submitted January 29, 2021 at 06:36AM by jasonbourne185 https://bit.ly/3acqWXB
BTC is GME 2.0!!!! Hedge funds leveraging nearly 500 MILLION dollars of short positions against bitcoin up to mid February!!!!
My WSB stocks got fucked, so I bought more BTC
What is stopping us from doing what WSB did?
There’s a movement to buy bitcoin on the 30th of January at 3PM Eastern. We need to show big companies and banks that if they want in they need to buy at OUR price.
Submitted January 29, 2021 at 05:00AM by BearYouCanPinch https://bit.ly/3oqalo5
Winklebros on CNBC fighting with hosts about gemini and how corrupt the current stock market system is
"The people are forbidden from triggering any more losses for big money on Wall Street. Let it be known, the average Joe can be liquidated overnight, but the big guys on Wall Street are a protected class. Escape tyranny: buy Bitcoin" -Sean Ono Lennon
Submitted January 29, 2021 at 04:49AM by theneworld https://bit.ly/3r0JVLj
I give it about a week before everyone in GameStop moves to Bitcoin
Robinhood Manipulates GameStop Stock Trading? It's Bitcoin Time!
Submitted January 29, 2021 at 03:09AM by VampireVlad https://bit.ly/2MwwS5p
I'm ecstatic that Robinhood manipulation happened.
What is stopping us from doing what WSB did?
This is good for Bitcoin
Robinhood just blocked several stocks from being bought. They locked the buy button when it suited them. Don't buy Bitcoin on Robinhood. Ever.
Why You Must Buy Bitcoin Now More Than Ever
Let me start of by saying this is not at all driven by technicals. In fact, the underlying properties of bitcoin, its potential, and the way our society/economy is doing is what created this.
All of this going on with WSB and Gamestop just makes my conviction on bitcoin stronger. People are starting to revolt seeing that the stock market has always been manipulated by hedge funds/institutional investors. Now that retail investors are joining in, they want to move the field posts around to benefit their positions. I'm not saying the market is in a bubble, but valuations and returns have been through the roof the last few years. Quantitative easing and all of the stimulus has been destroying the dollar and propping up our market.
Wall Street doesn't care making money at the expense of retail investors and the narrative is starting to turn. The currency for all of this has been the dollar which will continue to suffer as all of this occurs. The perfect mix of a pandemic, money printing reaching insane levels, increasing deficit, and artificial market stimulation tells me that this won't end well for the dollar.
$BTC literally benefits from all of those things I just mentioned. Its quite the opposite of the dollar. Its properties are deflationary, asymmetric, and decentralized. Its almost as if Bitcoin is the missing puzzle piece to solve (or should I say to save) our financial system. This is only the beginning of a revolutionary technology that people will try to desperately fomo into in less than a decade.
Oh, and don't worry about the bears. We need them; it lets us know we are still early and have plenty of room to go.
TLDR; Retail investors are shedding light on the fallacies of Wall Street and the USD will be next. Dollar cost average into Bitcoin long term and thank your genius self by next the next halving. Remember, the dollar's weaknesses are literally Bitcoin's strengths.
Submitted January 28, 2021 at 10:48AM by BM7K https://bit.ly/2KUiT91
Dont sell your bitcoin because media told you so
your bitcoin=your property ,
selling your bitcoin cause media says negative things about bitcoin is like selling your car because a stranger told you so.
just hodl and sell whenever you feel like it,media knows no shit.
Submitted January 28, 2021 at 02:58PM by Republicsucksass https://bit.ly/2Ym55Y1
Hedge fund manager Scaramucci says the GameStop saga is 'more proof' that Bitcoin will work
Submitted January 28, 2021 at 04:05PM by PulitzerPrice https://bit.ly/39q3vL1
Fuck bloomberg,buy bitcoin.
this bloomberg fuckers are really annoying,
we saw them no place when bitcoin was rising,
now that its falling suddenly they think they have a clue about bitcoin?!!!!
they are either shorting btc and scaring others to sell they'r bitcoin to make money
or they are real dicks.
buy bitcoin and ignore these fuckers.
Submitted January 28, 2021 at 02:19PM by Republicsucksass https://bit.ly/36eWFpR
Miami Uploads Bitcoin White Paper to Municipal Website.
Bitcoin is the result of decades of cryptographic experimentation & many failed attempts at an electronic cash system.
Submitted January 28, 2021 at 04:40PM by Bitcoin_to_da_Moon https://bit.ly/3t4wP1G
Cathie Wood: Bitcoin ETF Approval Unlikely Until Market Cap Hits $2 Trillion
Submitted January 28, 2021 at 12:21AM by DaVibes https://bit.ly/36jWgCi