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Hodl one bitcoin spend the others | r/bitcoin | Hodl one bitcoin spend the others | r/Bitcoin | 2024-22-05 |
Bitcoin is a store of value not medium of exchange or anything else | r/bitcoin | Bitcoin is a store of value not medium of exchange or anything else | r/Bitcoin | 2024-22-05 |
It's money. You save it and you spend it. You don't need to ask other people what to do with your own money haha. The reason people say to hodl it is because Bitcoin is a hard currency which means its going to continue increasing in value, and furthermore its early in its adoption, which means its going to increase quickly in value in the years to come. So the longer you hold the more economic value your bitcoin will be worth.
So the obvious answer to your question is you hold it until you want to spend it, just as you do with any money you are saving. If you don't have any reason to spend it you don't have any reason to stop holding it. | r/bitcoin | It's money. You save it and you spend it. You don't need to ask other people what to do with your own money haha. The reason people say to hodl it is because Bitcoin is a hard currency which means its going to continue increasing in value, and furthermore its early in its adoption, which means its going to increase quickly in value in the years to come. So the longer you hold the more economic value your bitcoin will be worth.
So the obvious answer to your question is you hold it until you want to spend it, just as you do with any money you are saving. If you don't have any reason to spend it you don't have any reason to stop holding it. | r/Bitcoin | 2024-22-05 |
Everyone buys BTC at the price they deserve and will spend it on whatever they deserve. Could be a pizza for someone, a car for another and will likely vary from person to person. | r/bitcoin | Everyone buys BTC at the price they deserve and will spend it on whatever they deserve. Could be a pizza for someone, a car for another and will likely vary from person to person. | r/Bitcoin | 2024-22-05 |
Great analogies!
To add, you're free to do whatever the hell you want with your Bitcoin. Spend it, trade it, hold it, or die with it. No one can stop you - that's the beauty of it. Just know you might get ridiculed for easily letting go of the hardest asset ever created/discovered. | r/bitcoin | Great analogies!
To add, you're free to do whatever the hell you want with your Bitcoin. Spend it, trade it, hold it, or die with it. No one can stop you - that's the beauty of it. Just know you might get ridiculed for easily letting go of the hardest asset ever created/discovered. | r/Bitcoin | 2024-22-05 |
Bitcoin layer 1 uses:
-Store of Value
-Time Keeper and ledger for transactions that is completely decentralized
-opens up tokenization of assets and digitization of the money system for 21st century
-Integration into AI and automation
Layer 2:
-lightning (payments, money movement, transactions)
-smart contracts
-Tokenization rails
-any other crypto application
It’s happening, you just have to look into things and research. Not full adoption yet but the use cases are shaping up | r/bitcoin | Bitcoin layer 1 uses:
-Store of Value
-Time Keeper and ledger for transactions that is completely decentralized
-opens up tokenization of assets and digitization of the money system for 21st century
-Integration into AI and automation
Layer 2:
-lightning (payments, money movement, transactions)
-smart contracts
-Tokenization rails
-any other crypto application
It’s happening, you just have to look into things and research. Not full adoption yet but the use cases are shaping up | r/Bitcoin | 2024-22-05 |
I disagree - many people such as myself are using it as an alternative investment vehicle for retirement . I will sell in 15 years as I need to | r/bitcoin | I disagree - many people such as myself are using it as an alternative investment vehicle for retirement . I will sell in 15 years as I need to | r/Bitcoin | 2024-22-05 |
Correct!! | r/bitcoin | Correct!! | r/Bitcoin | 2024-22-05 |
Holding it is using it, technically. | r/bitcoin | Holding it is using it, technically. | r/Bitcoin | 2024-22-05 |
You can use it when you need to, but you just end up buying it back at a higher price. The reality is that many of us have used it for transactions in the past. Almost all of us would have been better off spending cash and stacking the sats, but if it’s the only liquid asset you own, and you need to buy something, that’s the time. | r/bitcoin | You can use it when you need to, but you just end up buying it back at a higher price. The reality is that many of us have used it for transactions in the past. Almost all of us would have been better off spending cash and stacking the sats, but if it’s the only liquid asset you own, and you need to buy something, that’s the time. | r/Bitcoin | 2024-22-05 |
Hodl as long you damn well please. Just make sure whatever you trade it for is worth it. | r/bitcoin | Hodl as long you damn well please. Just make sure whatever you trade it for is worth it. | r/Bitcoin | 2024-22-05 |
Store of value is the primary function of money. Medium of exchange is a secondary function of money built on top of SoV.
SoV is a $100 trillion use case, MoE is maybe a $2 trillion use case.
No one is trying to use a chunk of their Manhattan real estate to buy a cup of coffee, yet it's still valuable. Very similar to L1 Bitcoin, or gold. | r/bitcoin | Store of value is the primary function of money. Medium of exchange is a secondary function of money built on top of SoV.
SoV is a $100 trillion use case, MoE is maybe a $2 trillion use case.
No one is trying to use a chunk of their Manhattan real estate to buy a cup of coffee, yet it's still valuable. Very similar to L1 Bitcoin, or gold. | r/Bitcoin | 2024-22-05 |
That is up to you to choose, obviously if people are holding they aren't going to recommend for you to sell. There are no right answers though, it's your money
I personally sold around 60k and invested into AMD Intel GE and some other stocks, But I am a poor bitch | r/bitcoin | That is up to you to choose, obviously if people are holding they aren't going to recommend for you to sell. There are no right answers though, it's your money
I personally sold around 60k and invested into AMD Intel GE and some other stocks, But I am a poor bitch | r/Bitcoin | 2024-25-05 |
r/bitcoin | r/Bitcoin | 2024-21-05 |
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Also an upvote from me, even it triggerd an epileptic attack | r/bitcoin | Also an upvote from me, even it triggerd an epileptic attack | r/Bitcoin | 2024-21-05 |
Epic | r/bitcoin | Epic | r/Bitcoin | 2024-21-05 |
Ok bro. I'm just trying to make money. | r/bitcoin | Ok bro. I'm just trying to make money. | r/Bitcoin | 2024-21-05 |
I thought this was really cool! | r/bitcoin | I thought this was really cool! | r/Bitcoin | 2024-22-05 |
Cats on acid...or DMT. 😂 | r/bitcoin | Cats on acid...or DMT. 😂 | r/Bitcoin | 2024-22-05 |
reminds me of my DMT trip | r/bitcoin | reminds me of my DMT trip | r/Bitcoin | 2024-22-05 |
Great work. So much detail! Almost needs a slower, more zoomed in scroll | r/bitcoin | Great work. So much detail! Almost needs a slower, more zoomed in scroll | r/Bitcoin | 2024-22-05 |
If the future is going to be anywhere near like this, that would mean stuff will get a tad weirder in a slightly different direction, I like it! | r/bitcoin | If the future is going to be anywhere near like this, that would mean stuff will get a tad weirder in a slightly different direction, I like it! | r/Bitcoin | 2024-22-05 |
I feel like I have acquired schizophrenia | r/bitcoin | I feel like I have acquired schizophrenia | r/Bitcoin | 2024-22-05 |
This is beautiful. Good job. | r/bitcoin | This is beautiful. Good job. | r/Bitcoin | 2024-22-05 |
here, if you click to expand the artwork titled 'Uprising' you should be able to Save Video As onto your local drive [https://www.niftygateway.com/collections/the-bitcoin-movement](https://www.niftygateway.com/collections/the-bitcoin-movement) | r/bitcoin | here, if you click to expand the artwork titled 'Uprising' you should be able to Save Video As onto your local drive [https://www.niftygateway.com/collections/the-bitcoin-movement](https://www.niftygateway.com/collections/the-bitcoin-movement) | r/Bitcoin | 2024-23-05 |
thanks, appreciate the feedback! | r/bitcoin | thanks, appreciate the feedback! | r/Bitcoin | 2024-23-05 |
Did you take your pills today OP? | r/bitcoin | Did you take your pills today OP? | r/Bitcoin | 2024-23-05 |
r/bitcoin | r/Bitcoin | 2024-21-05 |
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Eat Pizza& buy Bitcoin ?
| r/bitcoin | Eat Pizza& buy Bitcoin ?
| r/Bitcoin | 2024-21-05 |
Buy pizza with Fiat and not make the same mistakes | r/bitcoin | Buy pizza with Fiat and not make the same mistakes | r/Bitcoin | 2024-21-05 |
I'm a BTC holder but the only reasonable way that this day should be celebrated is by buying a pizza with BTC. Until my local pizza shop accepts bitcoin and the transaction fee is negligible, I won't consider Pizza Day something to celebrate in BTC land. | r/bitcoin | I'm a BTC holder but the only reasonable way that this day should be celebrated is by buying a pizza with BTC. Until my local pizza shop accepts bitcoin and the transaction fee is negligible, I won't consider Pizza Day something to celebrate in BTC land. | r/Bitcoin | 2024-21-05 |
Use my Coinbase debit card to buy some pizza. | r/bitcoin | Use my Coinbase debit card to buy some pizza. | r/Bitcoin | 2024-21-05 |
Make pizza and sell them for bitcoin | r/bitcoin | Make pizza and sell them for bitcoin | r/Bitcoin | 2024-21-05 |
We are hosting a BTC Pizza day meet up in the Dominican Republic | r/bitcoin | We are hosting a BTC Pizza day meet up in the Dominican Republic | r/Bitcoin | 2024-21-05 |
You can buy the ingredients and make pizza yourself | r/bitcoin | You can buy the ingredients and make pizza yourself | r/Bitcoin | 2024-21-05 |
By ignoring it like I do every year. | r/bitcoin | By ignoring it like I do every year. | r/Bitcoin | 2024-22-05 |
Yes | r/bitcoin | Yes | r/Bitcoin | 2024-22-05 |
Because paying with bitcoin sucks | r/bitcoin | Because paying with bitcoin sucks | r/Bitcoin | 2024-22-05 |
By reminding pomp what a scumbag he is | r/bitcoin | By reminding pomp what a scumbag he is | r/Bitcoin | 2024-22-05 |
By eating pizza Duh! Also cashing out my btc. | r/bitcoin | By eating pizza Duh! Also cashing out my btc. | r/Bitcoin | 2024-22-05 |
I'll be delivering pizzas and getting my check deposited tomorrow. All tips I get tomorrow plus most of my check from the place will be going to buy more bitcoin just like every other week. Probably gonna eat a few slices as usual. | r/bitcoin | I'll be delivering pizzas and getting my check deposited tomorrow. All tips I get tomorrow plus most of my check from the place will be going to buy more bitcoin just like every other week. Probably gonna eat a few slices as usual. | r/Bitcoin | 2024-22-05 |
too soon | r/bitcoin | too soon | r/Bitcoin | 2024-22-05 |
Maybe send my self a fake paper wallet with ten thousand Bitcoins on it. And bake a dijournos supreme pizza or a 711 pepperoni pizza. | r/bitcoin | Maybe send my self a fake paper wallet with ten thousand Bitcoins on it. And bake a dijournos supreme pizza or a 711 pepperoni pizza. | r/Bitcoin | 2024-22-05 |
I'm gonna send my dad 10,000 BTC | r/bitcoin | I'm gonna send my dad 10,000 BTC | r/Bitcoin | 2024-22-05 |
i swear last pizza day was 2 weeks go | r/bitcoin | i swear last pizza day was 2 weeks go | r/Bitcoin | 2024-22-05 |
I'm going to spend it with the less privileged | r/bitcoin | I'm going to spend it with the less privileged | r/Bitcoin | 2024-22-05 |
I will give anyone a pizza for one bitcoin. | r/bitcoin | I will give anyone a pizza for one bitcoin. | r/Bitcoin | 2024-22-05 |
order and enjoy:) | r/bitcoin | order and enjoy:) | r/Bitcoin | 2024-22-05 |
Buy 10,000 pizzas with Bitcoin! 🍕🍕🍕 | r/bitcoin | Buy 10,000 pizzas with Bitcoin! 🍕🍕🍕 | r/Bitcoin | 2024-22-05 |
Literally ate a pizza | r/bitcoin | Literally ate a pizza | r/Bitcoin | 2024-22-05 |
Convert all your spare cash into Bitcoin while making a sandwich at home! | r/bitcoin | Convert all your spare cash into Bitcoin while making a sandwich at home! | r/Bitcoin | 2024-23-05 |
r/bitcoin | r/Bitcoin | 2024-21-05 |
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When bitcoin mining, they always explain the sha256 thing and adding new numbers, nonces and stuff, but never actually saying how the new coins are transferred to the miner's wallet. | r/bitcoin | When bitcoin mining, they always explain the sha256 thing and adding new numbers, nonces and stuff, but never actually saying how the new coins are transferred to the miner's wallet. | r/Bitcoin | 2024-21-05 |
It will dump. You should short it. | r/bitcoin | It will dump. You should short it. | r/Bitcoin | 2024-22-05 |
🫠 | r/bitcoin | 🫠 | r/Bitcoin | 2024-22-05 |
Great explanation but I'd be careful describing the creation of Bitcoin in the manner of "out of thin air". | r/bitcoin | Great explanation but I'd be careful describing the creation of Bitcoin in the manner of "out of thin air". | r/Bitcoin | 2024-22-05 |
Read the source code.
If there is a thing you fail to understand, there is a posibility to lose everything to a scam or an accident. | r/bitcoin | Read the source code.
If there is a thing you fail to understand, there is a posibility to lose everything to a scam or an accident. | r/Bitcoin | 2024-22-05 |
Satoshi sends it in the mail. | r/bitcoin | Satoshi sends it in the mail. | r/Bitcoin | 2024-22-05 |
Ah, you're asking the million-dollar question that often gets lost in the technical jargon of Bitcoin mining! When a miner successfully mines a block, the Bitcoin network automatically generates a special transaction, known as a "coinbase" transaction. This is the system's way of rewarding the miner for their hard work. The miner can set their own Bitcoin address as the recipient of this reward, which includes the block reward and any transaction fees. So, it's not so much a transfer of coins to the miner's wallet as it is a creation of new coins in it. It's kind of like having a money printing machine, but with a lot more effort involved! Does that make sense? It's a fascinating process when you start to dive into it! | r/bitcoin | Ah, you're asking the million-dollar question that often gets lost in the technical jargon of Bitcoin mining! When a miner successfully mines a block, the Bitcoin network automatically generates a special transaction, known as a "coinbase" transaction. This is the system's way of rewarding the miner for their hard work. The miner can set their own Bitcoin address as the recipient of this reward, which includes the block reward and any transaction fees. So, it's not so much a transfer of coins to the miner's wallet as it is a creation of new coins in it. It's kind of like having a money printing machine, but with a lot more effort involved! Does that make sense? It's a fascinating process when you start to dive into it! | r/Bitcoin | 2024-22-05 |
I understand that traditionally it is said 2 bitcoin, not 2 bitcoins. But recently I have seen Wikipedia state that "bitcoins" is the correct plural form.
We have words like water. It is never "waters". You never say "pass me the waters", or "I drank too much waters". It even sounds funny. We use water for both singular and plural.
Gold is just gold in plural so is silver.
I believe the best way to settle this debate regarding plural in bitcoin is to refer to the way Satoshi Nakamoto defined the plural expression of Bitcoin in his emails. Does anybody know how Satoshi Nakamoto used the plural form in his emails?
For me it sounds just wrong to say Bitcoins! | r/bitcoin | I understand that traditionally it is said 2 bitcoin, not 2 bitcoins. But recently I have seen Wikipedia state that "bitcoins" is the correct plural form.
We have words like water. It is never "waters". You never say "pass me the waters", or "I drank too much waters". It even sounds funny. We use water for both singular and plural.
Gold is just gold in plural so is silver.
I believe the best way to settle this debate regarding plural in bitcoin is to refer to the way Satoshi Nakamoto defined the plural expression of Bitcoin in his emails. Does anybody know how Satoshi Nakamoto used the plural form in his emails?
For me it sounds just wrong to say Bitcoins! | r/Bitcoin | 2024-21-05 |
“Bitcoin” refers to the Bitcoin Network.
When it’s spelled, “I have one bitcoin,” that’s referring to the amount you have to send over the network.
Most people use bitcoin as a plural form as well.
“How bitcoin do you have?” - Deater’s boss | r/bitcoin | “Bitcoin” refers to the Bitcoin Network.
When it’s spelled, “I have one bitcoin,” that’s referring to the amount you have to send over the network.
Most people use bitcoin as a plural form as well.
“How bitcoin do you have?” - Deater’s boss | r/Bitcoin | 2024-21-05 |
Satoshi himself used the plural form to refer to multiple bitcoins. But a noun can be both countable and noncontable. Countable when referring to discrete coins, and uncountable when referring to a sum of coins. This duality is not unique to bitcoin, you can find many more examples of this for other nouns that have both countable and non countable forms | r/bitcoin | Satoshi himself used the plural form to refer to multiple bitcoins. But a noun can be both countable and noncontable. Countable when referring to discrete coins, and uncountable when referring to a sum of coins. This duality is not unique to bitcoin, you can find many more examples of this for other nouns that have both countable and non countable forms | r/Bitcoin | 2024-22-05 |
Except you can also use bitcoin as a mass noun--a type of commodity like gold and silver, in this case
"Oh, I paid in bitcoin ... "
Depends on context of usage
Edit: accidentally wrote "currency" originally instead of commodity | r/bitcoin | Except you can also use bitcoin as a mass noun--a type of commodity like gold and silver, in this case
"Oh, I paid in bitcoin ... "
Depends on context of usage
Edit: accidentally wrote "currency" originally instead of commodity | r/Bitcoin | 2024-22-05 |
Agreed. What you're describing isn't dissimilar from such phrasing as "It's priced in USD." It seems reasonable to switch back and forth, depending on whether you're referencing specific units, or the commodity, in general. | r/bitcoin | Agreed. What you're describing isn't dissimilar from such phrasing as "It's priced in USD." It seems reasonable to switch back and forth, depending on whether you're referencing specific units, or the commodity, in general. | r/Bitcoin | 2024-22-05 |
i have one bitcoin ...i have 67 bitcoin...please send me 3 bitcoin ....i really only have 0.1 bitcoin | r/bitcoin | i have one bitcoin ...i have 67 bitcoin...please send me 3 bitcoin ....i really only have 0.1 bitcoin | r/Bitcoin | 2024-22-05 |
You’re misinterpreting. He’s discussing the deflationary nature of bitcoin. | r/bitcoin | You’re misinterpreting. He’s discussing the deflationary nature of bitcoin. | r/Bitcoin | 2024-22-05 |
Bitcoins sounds so… English as a second language lol. And it was, for Satoshi. | r/bitcoin | Bitcoins sounds so… English as a second language lol. And it was, for Satoshi. | r/Bitcoin | 2024-22-05 |
With other “currencies” their plural noun get used with both “s” and without. The boring fenc-sitting but more than likely correct answer is it is both bitcoin/bitcoins.
This is not a “what did satoshi use” kind of question, but more a question of English language.
English is my first language, given how complex the nuances are within our language, I think both are and always will be correct, even though BITCOINS said out loud feels like a term only people who don’t know what bitcoin is would use. | r/bitcoin | With other “currencies” their plural noun get used with both “s” and without. The boring fenc-sitting but more than likely correct answer is it is both bitcoin/bitcoins.
This is not a “what did satoshi use” kind of question, but more a question of English language.
English is my first language, given how complex the nuances are within our language, I think both are and always will be correct, even though BITCOINS said out loud feels like a term only people who don’t know what bitcoin is would use. | r/Bitcoin | 2024-22-05 |
Yes, that, too. | r/bitcoin | Yes, that, too. | r/Bitcoin | 2024-23-05 |
Is .01 to small or a UTXO in the future? I consolidated all my mini utxos last night while tees were super low into one BIG UTXO. Going forward I'm trying to figure out best amount to transfer off the exchange.
.01? .05? .1?
Would love advice | r/bitcoin | Is .01 to small or a UTXO in the future? I consolidated all my mini utxos last night while tees were super low into one BIG UTXO. Going forward I'm trying to figure out best amount to transfer off the exchange.
.01? .05? .1?
Would love advice | r/Bitcoin | 2024-21-05 |
There's a pattern for it. You have <10 un-even UTXO's one of about 500k, 100k, 50k, 10k 5k, 4k, 1k 500$ something like that. That maintains the privacy and optimizing on being able to match an output to the size of the spend. If you have 10x the money add a zero. 10x less the money remove a zero.
The approximate amount of UTXO's remains consistent. | r/bitcoin | There's a pattern for it. You have <10 un-even UTXO's one of about 500k, 100k, 50k, 10k 5k, 4k, 1k 500$ something like that. That maintains the privacy and optimizing on being able to match an output to the size of the spend. If you have 10x the money add a zero. 10x less the money remove a zero.
The approximate amount of UTXO's remains consistent. | r/Bitcoin | 2024-21-05 |
I set up a Trezor and transferred some Bitcoin to it over a month ago. Today I was going to transfer more. The address changed from the first time I did it. Is that normal?
It looks like I could send to either address. Is that just two separate accounts on that Trezor? | r/bitcoin | I set up a Trezor and transferred some Bitcoin to it over a month ago. Today I was going to transfer more. The address changed from the first time I did it. Is that normal?
It looks like I could send to either address. Is that just two separate accounts on that Trezor? | r/Bitcoin | 2024-21-05 |
You'll need to look into UTXOs | r/bitcoin | You'll need to look into UTXOs | r/Bitcoin | 2024-24-05 |
r/bitcoin | r/Bitcoin | 2024-21-05 |
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I'm taking part of my bitcoin out soon to put down as a deposit for a house, does anybody have any suggestions on the best value exchanges to use? | r/bitcoin | I'm taking part of my bitcoin out soon to put down as a deposit for a house, does anybody have any suggestions on the best value exchanges to use? | r/Bitcoin | 2024-21-05 |
Would be brilliant but sadly don't think there are any viable options yet. Celsius and voyager have also made me cautious | r/bitcoin | Would be brilliant but sadly don't think there are any viable options yet. Celsius and voyager have also made me cautious | r/Bitcoin | 2024-21-05 |
23k for a home? So your downpayment is like 5k? I wouldn’t worry about the bank.
You are going to have to shop around which exchange is the best. A lot of them have “zero fees” but the the market prices are different | r/bitcoin | 23k for a home? So your downpayment is like 5k? I wouldn’t worry about the bank.
You are going to have to shop around which exchange is the best. A lot of them have “zero fees” but the the market prices are different | r/Bitcoin | 2024-21-05 |
Message me please, maybe buy it peer to peer | r/bitcoin | Message me please, maybe buy it peer to peer | r/Bitcoin | 2024-21-05 |
There was no downpayment. I had to pay in full within 7 days or forfeit $1000 and be banned from the Michigan tax auction. | r/bitcoin | There was no downpayment. I had to pay in full within 7 days or forfeit $1000 and be banned from the Michigan tax auction. | r/Bitcoin | 2024-21-05 |
Absolute crypto noob here. Been hearing about using Bitcoin as a savings account of sorts and after a lot of research, I wanna give it a shot.
Tried to open an account with Swan which was immediately frozen and closed ... incredibly frustrating and confusing but whatever. Decided to go with Coinbase instead.
Just bought $250 worth of Bitcoin today and am planning on just letting it sit. I'm gonna set up a recurring buy of a small amount, probably every Sunday.
I'm keeping it all on Coinbase for now and eventually getting a Coldcard or Trezor when it starts to pile up a bit more.
So yeah, essentially using Bitcoin as a savings account by putting money into it slowly over time.
How's this all sound? Thoughts? Concerns? Reccommendations? All are appreciated. | r/bitcoin | Absolute crypto noob here. Been hearing about using Bitcoin as a savings account of sorts and after a lot of research, I wanna give it a shot.
Tried to open an account with Swan which was immediately frozen and closed ... incredibly frustrating and confusing but whatever. Decided to go with Coinbase instead.
Just bought $250 worth of Bitcoin today and am planning on just letting it sit. I'm gonna set up a recurring buy of a small amount, probably every Sunday.
I'm keeping it all on Coinbase for now and eventually getting a Coldcard or Trezor when it starts to pile up a bit more.
So yeah, essentially using Bitcoin as a savings account by putting money into it slowly over time.
How's this all sound? Thoughts? Concerns? Reccommendations? All are appreciated. | r/Bitcoin | 2024-21-05 |
If you mean hot wallet with "software wallet", using the seed it created with hardware wallet is useless. | r/bitcoin | If you mean hot wallet with "software wallet", using the seed it created with hardware wallet is useless. | r/Bitcoin | 2024-21-05 |
Learn as much as you can. Build/run a node. Play with wallet software. Self custody is the key to the whole system. Understand why Bitcoin is great and don't focus only on price. Most people come for number go up and when a bear market hits they bail. You will see drops, you need to understand why freedom money is important and don't get emotional. Also stay away from shitcoins. Coinbase is bad news.
Watch Andreas Antonopolous. He's a great bitcoin communicator.
https://youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj&si=HE2GQrLLXSKJkoHD | r/bitcoin | Learn as much as you can. Build/run a node. Play with wallet software. Self custody is the key to the whole system. Understand why Bitcoin is great and don't focus only on price. Most people come for number go up and when a bear market hits they bail. You will see drops, you need to understand why freedom money is important and don't get emotional. Also stay away from shitcoins. Coinbase is bad news.
Watch Andreas Antonopolous. He's a great bitcoin communicator.
https://youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj&si=HE2GQrLLXSKJkoHD | r/Bitcoin | 2024-22-05 |
Also be aware of people wanting to help you in your DM’s, as most will try to scam you.
Don’t click links you’re not sure on. I found the sweet spot for how much to DCA each paycheck to keep the fee lowest. Like.. 109$ was a 1.99 fee, but 110 was a 2.99 fee. (Random numbers, but you get what I mean) | r/bitcoin | Also be aware of people wanting to help you in your DM’s, as most will try to scam you.
Don’t click links you’re not sure on. I found the sweet spot for how much to DCA each paycheck to keep the fee lowest. Like.. 109$ was a 1.99 fee, but 110 was a 2.99 fee. (Random numbers, but you get what I mean) | r/Bitcoin | 2024-22-05 |
Yes, good idea. Bitcoin is the best savings currency in human history. So you are using it exactly how you should be.
Also there is no need to wait for getting a hardware wallet to move your bitcoin off of Coinbase. Storing bitcoin is literally just about keeping a private key - just a long string of characters. You don't need to wait to buy hardware to do that. But its up to you, but for sure eventually move your bitcoin off the exchange, whether you buy a hardware wallet or not. | r/bitcoin | Yes, good idea. Bitcoin is the best savings currency in human history. So you are using it exactly how you should be.
Also there is no need to wait for getting a hardware wallet to move your bitcoin off of Coinbase. Storing bitcoin is literally just about keeping a private key - just a long string of characters. You don't need to wait to buy hardware to do that. But its up to you, but for sure eventually move your bitcoin off the exchange, whether you buy a hardware wallet or not. | r/Bitcoin | 2024-22-05 |
I've been in the crypto game since 2019 and that was an excellent article you wrote. This deserves to be sent out to all the people wanting to get into the game. I'm going to pass this along. I use the Ellipal Titan 2.0 and love it but I do see the ease of your recommendations! Cheers! | r/bitcoin | I've been in the crypto game since 2019 and that was an excellent article you wrote. This deserves to be sent out to all the people wanting to get into the game. I'm going to pass this along. I use the Ellipal Titan 2.0 and love it but I do see the ease of your recommendations! Cheers! | r/Bitcoin | 2024-22-05 |
My hardware wallet is kinda old and I'm planning to upgrade to a newer one. Right now I'm considering the blockstream jade and I'm wondering if anyone has a reasons why I should or shouldn't go with that one. And if not, what is a good alternative? I'm only planning to store BTC on the new wallet. Thanks everyone. | r/bitcoin | My hardware wallet is kinda old and I'm planning to upgrade to a newer one. Right now I'm considering the blockstream jade and I'm wondering if anyone has a reasons why I should or shouldn't go with that one. And if not, what is a good alternative? I'm only planning to store BTC on the new wallet. Thanks everyone. | r/Bitcoin | 2024-21-05 |
How much of a stack are we talking about 🙄 | r/bitcoin | How much of a stack are we talking about 🙄 | r/Bitcoin | 2024-22-05 |
The Jade is a good hardware device and is definitely a good value.
My only argument against getting one is that you should really consider getting a ColdCard Q because it is very awesome. | r/bitcoin | The Jade is a good hardware device and is definitely a good value.
My only argument against getting one is that you should really consider getting a ColdCard Q because it is very awesome. | r/Bitcoin | 2024-22-05 |
I'm new to BTC and have finally ordered a wallet and opted for the Trezor Model T brand new from Amazon.
I am so used to using Amazon all the time, l didn't even consider buying it straight from Trezor themselves.
Have l had a mare? | r/bitcoin | I'm new to BTC and have finally ordered a wallet and opted for the Trezor Model T brand new from Amazon.
I am so used to using Amazon all the time, l didn't even consider buying it straight from Trezor themselves.
Have l had a mare? | r/Bitcoin | 2024-21-05 |
Hey bud,
I also ordered my Trezor Model T many years ago off Amazon. Perhaps ordering directly from Trezor is safer, but I have had zero issues with mine.
I think this subreddit is overly paranoid about a lot of things to be honest. Someone will have the equivalent of $100 of bitcoin and is terrified the entire internet is out to scam them. | r/bitcoin | Hey bud,
I also ordered my Trezor Model T many years ago off Amazon. Perhaps ordering directly from Trezor is safer, but I have had zero issues with mine.
I think this subreddit is overly paranoid about a lot of things to be honest. Someone will have the equivalent of $100 of bitcoin and is terrified the entire internet is out to scam them. | r/Bitcoin | 2024-22-05 |
When you have thousands, millions, and billions of dollars - you're not apt to take chances that somebody has access to your wallet | r/bitcoin | When you have thousands, millions, and billions of dollars - you're not apt to take chances that somebody has access to your wallet | r/Bitcoin | 2024-22-05 |
I’m a multimillionaire. I have millions in fiat liquid. I also have millions in the dollar equivalent in bitcoins. Millions in illiquid investments that also boost my net worth. This subreddit is overly paranoid.
There’s so many public figures with way more wealth than I that are safely living their lives without being scammed. But the atmosphere of this subreddit is ridiculous about broadcasting having a small amount of bitcoin.
People try and get in my pockets in many ways. It’s up to me to ignore them.
Just like I ignore people who want to give me unsolicited investment advice in real life, I can I ignore a DM.
The Trezor website itself states Amazon is a safe source for their products. I think the OP will be fine. | r/bitcoin | I’m a multimillionaire. I have millions in fiat liquid. I also have millions in the dollar equivalent in bitcoins. Millions in illiquid investments that also boost my net worth. This subreddit is overly paranoid.
There’s so many public figures with way more wealth than I that are safely living their lives without being scammed. But the atmosphere of this subreddit is ridiculous about broadcasting having a small amount of bitcoin.
People try and get in my pockets in many ways. It’s up to me to ignore them.
Just like I ignore people who want to give me unsolicited investment advice in real life, I can I ignore a DM.
The Trezor website itself states Amazon is a safe source for their products. I think the OP will be fine. | r/Bitcoin | 2024-22-05 |
There was a post on here within the last year of somebody receiving a trezor from a 3rd party source online. He opened it up and saw it was tampered with. | r/bitcoin | There was a post on here within the last year of somebody receiving a trezor from a 3rd party source online. He opened it up and saw it was tampered with. | r/Bitcoin | 2024-22-05 |
Managed to cancel the Amazon order 🙏
Will just buy one direct from a supplier for maximum safety.
Thanks to all who replied. | r/bitcoin | Managed to cancel the Amazon order 🙏
Will just buy one direct from a supplier for maximum safety.
Thanks to all who replied. | r/Bitcoin | 2024-22-05 |
I have a Trezor Model T. Same as you just purchased.
I purchased off Amazon too. Trezor’s own website states Amazon is a safe source for their hardware wallets.
I first purchased bitcoin off mtgox. I was also sending people western union for coins without using exchanges. Don’t take this subreddit too seriously. | r/bitcoin | I have a Trezor Model T. Same as you just purchased.
I purchased off Amazon too. Trezor’s own website states Amazon is a safe source for their hardware wallets.
I first purchased bitcoin off mtgox. I was also sending people western union for coins without using exchanges. Don’t take this subreddit too seriously. | r/Bitcoin | 2024-22-05 |
The block stream Jade is better priced and better | r/bitcoin | The block stream Jade is better priced and better | r/Bitcoin | 2024-22-05 |
r/bitcoin | r/Bitcoin | 2024-21-05 |
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I’m just thinking through a hypothetical, but if someone wanted to buy all of the bitcoin that Coinbase has available what do you think they would charge for each BTC? It’s my understanding that there is a little over a million left in the exchanges pocket, but idk how much they have. Would they charge 100k per coin? 200k? Spot price?
What do you guys think the slippage would be from spot price? | r/bitcoin | I’m just thinking through a hypothetical, but if someone wanted to buy all of the bitcoin that Coinbase has available what do you think they would charge for each BTC? It’s my understanding that there is a little over a million left in the exchanges pocket, but idk how much they have. Would they charge 100k per coin? 200k? Spot price?
What do you guys think the slippage would be from spot price? | r/Bitcoin | 2024-21-05 |
The beautiful one. | r/bitcoin | The beautiful one. | r/Bitcoin | 2024-21-05 |
It’s a publicly traded company that I imagine invests in btc like most funds at this point? | r/bitcoin | It’s a publicly traded company that I imagine invests in btc like most funds at this point? | r/Bitcoin | 2024-22-05 |
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