I shoulda known the bottom was in

https://bit.ly/42c8w3N via /r/Bitcoin https://bit.ly/3UaPoBb

Bitcoin fixes this: "Flying with cash? Law enforcement can seize your money"

If you’re flying with cash, police can take it without ever having to prove you did something wrong. Channel 2 consumer investigator Justin Gray found out that it’s happening regularly at Hartsfield-Jackson International Airport and that it can be a long and expensive process to get that money back, even if you’re never charged with a crime. https://www.youtube.com/watch?v=Y0GGvr_2XOg via /r/Bitcoin https://bit.ly/496zj3C

Don't watch your wealth melt. Buy bitcoin.

https://bit.ly/3vQS7Wt

Submitted January 26, 2024 at 09:49PM by JoeB34 https://bit.ly/3ScOqSm

Andreas Antonopoulos - Bitcoin pro·ceeds Writing

https://bit.ly/3vR0d1j

Submitted January 26, 2024 at 11:29AM by LeJambonDeReddit https://bit.ly/3u0Jzf4

Was greyscale too big and wanted to share the goods ?

https://bit.ly/3vT8GRC via /r/Bitcoin https://bit.ly/3S9iCOh

Bruised by stock market, Chinese rush into banned bitcoin

https://reut.rs/47OOSvT via /r/Bitcoin https://bit.ly/3OgZ7lQ

246

https://bit.ly/3vPnZun via /r/Bitcoin https://bit.ly/3UevuVT

Bitwise Becomes First Spot Bitcoin ETF Provider to Provide Wallet Address

https://bit.ly/3SvXfI8

Submitted January 25, 2024 at 05:47PM by Bitcoin_Maximalist https://bit.ly/47KiKt7

Looks like BTC back on the menus boys

https://bit.ly/3tXOVaW via /r/Bitcoin https://bit.ly/3vRCy0I

Bitcoin Newcomers FAQ - Please read!

Welcome to the /r/Bitcoin Newcomers FAQYou've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments. It all started with the release of Satoshi Nakamoto's whitepaper however that will probably go over the head of most readers so we recommend the following articles/books/videos as a good starting point for understanding how Bitcoin works and a little about its long term potential:Article: The Bullish Case for BitcoinBook: The Bitcoin Standard - or download a free copy hereVideo 1: The Stories We Tell About Money - Andreas AntonopoulosVideo 2: The Bitcoin Standard - Saifdean Ammous Video 3: Bitcoin 101 - Balaji SrinivasanSome other great educational resources include;The Satoshi Nakamoto Institute (check them out!)Michael Saylor's Hope.com and "Bitcoin for Everybody"' courseJameson Lopp's resource pageGigi's resource pageJames D'Angelo's Bitcoin 101 Blackboard seriesParker Lewis's Gradually Then Suddenly seriesSome Bitcoin statistics can be found here (1, 2, 3, 4, 5, 6).If you are technically or academically inclined check out; Developer resources Peer-reviewed research papersCourse lectures from both MIT and Princeton Future protocol improvements and scaling resources.MicroStrategy's Bitcoin for Corporations is an excellent open source series on corporate legal and financial Bitcoin integration.You can also see the number of times Bitcoin was declared dead by the media (LOL) and what you could have earned if you didn't listen to them! XDKey properties of BitcoinLimited Supply - There will only ever be a maximum of 21,000,000 bitcoins created and they are issued in a predictable fashion per the inflation schedule. Once they are all issued Bitcoin will be truly deflationary. The halving countdown tells you approximately how much time until the next block reward halving.Open source - Bitcoin code is fully auditable. You can read and contribute to the source code yourself.Accountable - The public ledger is transparent, all transactions are seen by everyone.Decentralized - Bitcoin is globally distributed across thousands of nodes with no single point of failure and as such can't be shut down similar to how Bittorrent works. You can even run a node on a Raspberry Pi.Censorship resistant - No one can prevent you from interacting with the Bitcoin network and no one can censor, alter or block transactions that they disagree with, see Operation Chokepoint.Push system - There are no chargebacks in Bitcoin because only the person who owns the address where the bitcoin resides has the authority to move them.Borderless - No country can stop it from going in/out, even in areas currently unserved by traditional banking as the ledger is globally distributed.Trustless - Bitcoin solved the Byzantine's Generals Problem which means nobody needs to trust anybody for it to work.Pseudonymous - No need to expose personal information when purchasing with cash or transacting. Secure - Blocks and transactions are cryptographically secured (using hashes and signatures) and can’t be brute forced or confiscated with proper key management such as hardware wallets.Programmable - Individual units of bitcoin can be programmed to transfer based on certain criteria being metDivisible - Each bitcoin can be divided down to 8 decimals, which means you don't have to worry about buying an entire bitcoin. Nearly instant - From a few seconds on the Lightning Network to a few minutes on-chain depending on need for confirmations. Transactions are irreversible by normal users after one confirmation and irreversible by anyone (including miners) after 6 confirmations. Peer-to-peer - No intermediaries taking a cut, no need for trusted third parties.Designed Money - Bitcoin was created to fit all the fundamental properties of money better than gold or fiat.Portable - Bitcoin are digital so they are easier to move than cash or gold. They can be transported by simply carrying a seed (a string of 12 to 24 words) on a device or by memorizing it for wallet recovery (while cool, memorizing is generally not recommended due to potential for forgetting the seed and the potential for insecure key generation by inexperienced users. Hardware wallets are the preferred method for most users for their ease of use and additional security).Low fee scaling - Most wallets calculate on chain fees automatically but you can view fee estimates and mempool activity if you want to set your fee manually. On chain fees may rise occasionally due to network demand, however instant micropayments that do not require confirmations are happening via the Lightning Network, an open source second layer payment protocol built on top of the Bitcoin blockchain. The Lightning Network enables Bitcoin users to instantly send and receive bitcoin with fees so low that they are negligible.Scalable - While the protocol is still being optimized for increased transaction capacity, blockchains do not scale very well, so most transaction volume is expected to occur on Layer 2 networks built on top of Bitcoin.Where can I buy bitcoin?Bitcoin.org and BuyBitcoinWorldwide.com are helpful sites for beginners. You can buy or sell any amount of bitcoin (even just a few dollars worth) and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular places to buy bitcoin are listed below.StrikeCash AppSwanRiver FinancialKrakenGeminiBitstampBitFinexXapoCexRelaiLibertyXCoinCornerRoboSats (P2P)Bisq (decentralized & P2P)List of peer-to-peer exchangesYou can also purchase in cash with local ATMs. Services such as CardCoins let you purchase bitcoin with prepaid gift cards. If you would like your paycheck automatically converted to bitcoin use Bitwage. Note: Bitcoin are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Securing your bitcoinWith Bitcoin you can "Be your own bank" and personally secure your bitcoin OR you can use third party companies aka "Bitcoin banks" which will hold your bitcoin for you.If you prefer to "Be your own bank" and have direct control over your coins without having to use a trusted third party, then you will need to create your own wallet and keep it secure. If you want easy and secure storage without having to learn best computer security practices, then a hardware wallet such as a BitBox02, Trezor, ColdCard, or Blockstream Jade is recommended. You can even build your own open source hardware wallet called a SeedSigner.If you cannot afford a hardware wallet there are many software wallet options to choose from depending on your use case. Mobile wallets like BlueWallet are generally more secure than desktop wallets. Beware of fake mobile wallets and check reviews from reputable Bitcoin websites. Avoid paper wallets or brain wallets.If you prefer to let third party "Bitcoin banks" manage your coins, try Gemini or Unchained Capital but be aware you may not be in control of your private keys in which case you would have to ask permission to access your funds and be exposed to third party risk. There is a saying in the community, "Not your keys, not your coins". This means that if you don't store your coins in a wallet that you control the keys to, then you do not really own your bitcoin as you have to ask permission from the third party in order to move them. Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email! 2FA requires a second confirmation code or a physical security key to access your account making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.Avoid using your cell number for 2FA. Hackers have been using a technique called "SIM swapping" to impersonate users and steal bitcoin off exchanges.Google AuthAuthyOTP AuthandOTPAndroidAndroidN/AAndroidiOSiOSiOSN/APhysical security keys (FIDO U2F) offer stronger security than Google Auth / Authy and other TOTP-based apps, because the secret code never leaves the device and it uses bi-directional authentication so it prevents phishing. If you lose the device though, you could lose access to your account, so always use 2 or more security keys with a given account so you have backups. See Yubikey or Titan to purchase security keys.Both Coinbase and Gemini support physical security keys. Watch out for scamsAs mentioned above, Bitcoin is decentralized, which by definition means there is no official website or Twitter handle or spokesperson or CEO. However, all money attracts thieves. This combination unfortunately results in scammers running official sounding names or pretending to be an authority on YouTube or social media. Many scammers throughout the years have claimed to be the inventor of Bitcoin. Websites like bitcoin(dot)com and the r / btc subreddit are active scams. Almost all altcoins are marketed heavily with big promises but are really just designed to separate you from your bitcoin. So be careful: any resource, including all linked in this document, may in the future turn evil. As they say in our community, "Don't trust, verify". Avoid using ad-based search engines like Google or Yahoo: ads are shown based on how much the advertiser bids, and scammers can easily outbid legitimate providers for ad space, since immoral ways of earning money are far more lucrative than moral ways. Use DuckDuckGo instead, which has no ads, and never tracks you as well.Ignore private messages offering services.Never enter your seed words in a website of any kind. Hardware wallets will recover by displaying possible seed words on their own interface, never on a website.Always check addresses on your hardware wallet before sending or receiving. Some malware has been known to replace addresses in your web browser or that you copy-and-paste.Avoid clicking on links like that look like links, such as https://bit.ly/3mYaXko, without first hovering over it and actually checking where they go to. Just because a link is labelled with an HTTPS address does not mean it actually sends you to that address. It is trivial for someone to comment a link on Reddit that looks like it will send you to one website when it actually sends you to another, and you might not notice the difference until a scammer has gotten all your money, or you have downloaded and installed software that steals your money.Common Bitcoin MythsOften the same concerns arise about Bitcoin from newcomers. Questions such as:Will quantum computers break Bitcoin?Will governments ban Bitcoin?Is Bitcoin a Ponzi scheme?All of these questions have been answered many times by a variety of people. Here are some resources where you can see if your concern has been answered:Common Bitcoin MythsGradually, Then SuddenlyEvery Reason Bitcoin Will Not FailThe Best Articles Debunking Bitcoin FUDWhy Bitcoin is Not a Ponzi Scheme: Point by PointWhere can I spend bitcoin?Check out Spendabit, Bitcoin Directory, or Coinmap for a plethora of merchant options. You can also spend bitcoin anywhere Visa is accepted with bitcoin debit cards such as the CashApp card, Fold card or other bitcoin debit cards. Some other useful site are listed below.StoreProductBitrefill, Gyft, and Fold AppGift cards for thousands of retailers worldwide including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.Spendabit, Overstock, and The Bitcoin DirectoryRetail shopping with millions of resultsNewEgg and DellFor all your electronics needsBitrefill, Bylls, LivingRoomofSatoshi, Swapin, Coins.ph, and moreBill paymentMenufy and TakeawayTakeout delivered to your doorExpedia, Cheapair, Destinia, SkyTours, the Travel category on Gyft and 9flatsFor when you need to get awayCryptostorm, Mullvad, and PIAVPN servicesNamecheap, PorkbunDomain name registrationStampnikDiscounted USPS Priority, Express, First-Class mail postageThere are also lots of charities which accept bitcoin donations.Merchant ResourcesThere are several benefits to accepting bitcoin as a payment option if you are a merchant;1-3% savings over credit cards or PayPal.No chargebacks (final settlement in 10 minutes as opposed to 3+ months).Accept business from a global customer base.Convert 100% of the sale to the currency of your choice for deposit to your account, or choose to keep a percentage of the sale in bitcoin if you wish to begin accumulating it.If you are interested in accepting bitcoin as a payment method, there are several options available;BTCPay ServerZapriteSquare cashStripeWyreBlockonomics (direct to your wallet)CoinCorner CheckoutCan I mine bitcoin?Mining bitcoin can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read the mining FAQ. Still have mining questions? The crew at /r/BitcoinMining would be happy to help you out. If you want to contribute to the Bitcoin network by hosting the blockchain and propagating transactions there are many great resources you can use to run a full node. You can view the global distribution of reachable Bitcoin nodes on this webpage.Earning bitcoinJust like any other form of money, you can also earn bitcoin by being paid to do a job.SiteDescriptionWorkingForBitcoins, Bitwage, Coinality, Bitgigs, /r/Jobs4Bitcoins, BitforTip, and Rein ProjectFreelancingLolliEarn bitcoin when you shop online!Purse.io, Bitify, and /r/BitmarketMarketplacesA-ads, Coinzilla.ioAdvertisingYou can also earn bitcoin by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoin for a small fee (requires you to already have some bitcoin).Bitcoin-Related ProjectsThe following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the Bitcoin space. ProjectDescriptionLightning NetworkSecond layer scalingLiquid and RootstockSidechainsHivemindPrediction marketsTierion and FactomRecords & Titles on the blockchainBitMarkets, and DropZone and BeaverDecentralized marketsJoinMarket, Samourai Whirlpool, and WasabiCoinJoin implementationPeer-to-Peer ExchangesPeer-to-peer exchangesKeybaseIdentity & Reputation managementAbraGlobal P2P money transmitter networkBitcoreOpen source Bitcoin javascript libraryBitcoin UnitsOne bitcoin is worth quite a lot (thousands of £/$/€), so people often deal in smaller units. The most common subunits are listed below:UnitSymbolValueInfobitcoinBTC1 bitcoinone bitcoin is equal to 100 million satoshismillibitcoinmBTC1,000 per bitcoinused as default unit in Electrum walletbitμBTC1,000,000 per bitcoincolloquial "slang" term for microbitcoinsatoshisat100,000,000 per bitcoinsmallest unit in bitcoin, named after the inventorFor example, assuming an arbitrary exchange rate of $10,000 for one bitcoin, a $10 meal would equal:0.001 BTC1 mBTC1,000 bits100,000 satsFor more information check out the bitcoin units wiki.Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /r/Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community, so please do not message them unless you notice problems with the functionality of the subreddit.Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification, you can edit it here and it will be included in the next revision pending approval. Welcome to the Bitcoin community and the new decentralized economy!Please note that this thread will be moderated and non-constructive comments will be removed. via /r/Bitcoin https://bit.ly/45Gy8GN

Par for the course?

https://bit.ly/3U8Nh0N

Submitted January 24, 2024 at 03:43AM by Local_Economy https://bit.ly/3St9qWk

14 years ago, the first item ever was listed for Bitcoin...

https://bit.ly/42dzQyl via /r/Bitcoin https://bit.ly/3u25OkL

"But gold is less volatile"

https://bit.ly/47LHelO via /r/Bitcoin https://bit.ly/496ZlE6

This is why I don’t take or give investment advice on Reddit.

https://bit.ly/3tW5Ydt

Submitted January 23, 2024 at 11:17PM by -l-Shadow-l- https://bit.ly/3Ua857U

This is why I don’t take or give investment advice on Reddit.

https://bit.ly/3tW5Ydt via /r/Bitcoin https://bit.ly/3Ua857U

FTX Sold About $1B of Grayscale's Bitcoin ETF, Explaining Much of Outflow: Sources

https://bit.ly/480q7Nv.. via /r/Bitcoin https://bit.ly/3SrjizE

Father Died in 2015: Any idea how to find his wallet adress?

Not to make this opening far too long but my Father pased in a tragic accident in 2015. He was always very "techy" and into whatever was new in the tech world. We know he had bought bitcoin, it was a huge fight between my mom and him when he did.

I am about ready to go off to college and made it my mission to find this secret vault of college funds before I go off and away.

Given that it is 2024, and he died almost ten years ago, we have no access to any computers, phones or emails he had. (I do know his primary emails if that helps)

Is it a total shot in the dark to try and be one of the mythical few to find and unlock a dead wallet?

I come to you all, as a young woman who has some base line knowledge in the crypto world and no real ideas on how to track his wallet down.

I know that he did buy and sell, that he often did so with his LAN buddies during the events. Would it help if I asked for thier wallets to try and backtrace?

Are there any recommend steps I should take?

Note: I already tried coinbase, all the emails that I did know had no hits, of course, he may have had a hidden email for trading, which, is entirely possible.

Thank you in advance if you do happen to read this and toss any assistance in.

Submitted January 22, 2024 at 12:13PM by Tarum_Agri https://bit.ly/3S7dHxk

10 years ago today, Greeley’s Cosmic Market in Colorado became the first gas station in the U.S. to accept Bitcoin

https://bit.ly/3SpS2Sj via /r/Bitcoin https://bit.ly/3OcqT2I

I‘d like to buy BTC in the most anonymous way. What are my options?

During 2023 I got myself some BTC on a regular exchange and stored them in a hardware wallet.Now Im interested in getting some more BTC in the most anonymous way possible and send them to another wallet. What are my options for that? I dont want no kyc or anything..I heard about Cyprus as a common and well known place for local cash/ rypto-exchanges?Or maybe using an ATM? Dont know much about the fees..Any suggestions? via /r/Bitcoin https://bit.ly/4259LSg

POV

https://bit.ly/3Uenqoh

Submitted January 21, 2024 at 08:09PM by VegetableJumpy1816 https://bit.ly/3tTDyki