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Some Heroes doesn't wear capes indeed | r/bitcoin | Some Heroes doesn't wear capes indeed | r/Bitcoin | 2024-24-05 |
TJ Miller is a legend. | r/bitcoin | TJ Miller is a legend. | r/Bitcoin | 2024-24-05 |
lol that's hilarious. And I had no idea TJ Miller was into Bitcoin. | r/bitcoin | lol that's hilarious. And I had no idea TJ Miller was into Bitcoin. | r/Bitcoin | 2024-24-05 |
That’s how you know he doesn’t subscribe to the agenda, he hasn’t been infected by the hive mind yet | r/bitcoin | That’s how you know he doesn’t subscribe to the agenda, he hasn’t been infected by the hive mind yet | r/Bitcoin | 2024-25-05 |
Once you select a brand, you gotta stick with it. | r/bitcoin | Once you select a brand, you gotta stick with it. | r/Bitcoin | 2024-25-05 |
Even cracking KYC jokes
( ͡° ͜ʖ ͡°) | r/bitcoin | Even cracking KYC jokes
( ͡° ͜ʖ ͡°) | r/Bitcoin | 2024-26-05 |
r/bitcoin | r/Bitcoin | 2024-24-05 |
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r/bitcoin | r/Bitcoin | 2024-24-05 |
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I don't think it's nothing.
Fiat money it's future debt tax. | r/bitcoin | I don't think it's nothing.
Fiat money it's future debt tax. | r/Bitcoin | 2024-25-05 |
If a crypto exchange issues you more crypto the. You pay for do they have legal right to get it back it’s there mistake | r/bitcoin | If a crypto exchange issues you more crypto the. You pay for do they have legal right to get it back it’s there mistake | r/Bitcoin | 2024-24-05 |
WTF are you talking about? | r/bitcoin | WTF are you talking about? | r/Bitcoin | 2024-24-05 |
Had a ramp exchange
Send me more crypto then I ordered
Now they’re asking for it back?
I know wtf 🤬
Kinda there fuck up for over sending me | r/bitcoin | Had a ramp exchange
Send me more crypto then I ordered
Now they’re asking for it back?
I know wtf 🤬
Kinda there fuck up for over sending me | r/Bitcoin | 2024-24-05 |
How is it my fault if I purchased crypto
They sent me to much
That’s there problem not mine
They have no legal right to ask for it back
They fucked up
Correct | r/bitcoin | How is it my fault if I purchased crypto
They sent me to much
That’s there problem not mine
They have no legal right to ask for it back
They fucked up
Correct | r/Bitcoin | 2024-24-05 |
That would never happen | r/bitcoin | That would never happen | r/Bitcoin | 2024-24-05 |
Your submission has been flagged for removal because it doesn't meet the quality standards for /r/Bitcoin at this time. Please help keep the subreddit clean from low quality posts.
^^I ^^am ^^a ^^bot ^^and ^^cannot ^^respond. ^^Please ^^contact ^^r/Bitcoin ^^moderators [^^directly ^^via ^^mod ^^mail](https://www.reddit.com/message/compose?to=%2Fr%2FBitcoin) ^^if ^^you ^^have ^^questions. | r/bitcoin | Your submission has been flagged for removal because it doesn't meet the quality standards for /r/Bitcoin at this time. Please help keep the subreddit clean from low quality posts.
^^I ^^am ^^a ^^bot ^^and ^^cannot ^^respond. ^^Please ^^contact ^^r/Bitcoin ^^moderators [^^directly ^^via ^^mod ^^mail](https://www.reddit.com/message/compose?to=%2Fr%2FBitcoin) ^^if ^^you ^^have ^^questions. | r/Bitcoin | 2024-25-05 |
Shitcoins and other boring scams are off topic. Scammers are unwelcome. You need a ban? | r/bitcoin | Shitcoins and other boring scams are off topic. Scammers are unwelcome. You need a ban? | r/Bitcoin | 2024-25-05 |
I'm up 3 million you think I give a fuck about a ban? | r/bitcoin | I'm up 3 million you think I give a fuck about a ban? | r/Bitcoin | 2024-25-05 |
Thanks, that's all I needed to know. | r/bitcoin | Thanks, that's all I needed to know. | r/Bitcoin | 2024-25-05 |
A couple of days ago I read a comparison between the market cap of gold and the market cap of bitcoin (might have been on here, not sure), and that if bitcoin were to reach roughly the same market cap as gold, it would mean a price at around 210 00 usd.
This got me thinking, how is the market cap of bitcoin calculated? as far as I have seen its the current price of bitcoin multiplied with whatever number of bitcoins have been mined. Would this not be an inefficient way of calculating the market cap? We know that X amount of bitcoin is forever lost due to lost keys and such. Even though no-one knows what that number is, isn't it likely that it is a large enough number to lower bitcoins market cap, and therefor make bitcoin undervalued?
And lets say, over the next 20 years, will not lost coins cause a huge increase in price by itself? | r/bitcoin | A couple of days ago I read a comparison between the market cap of gold and the market cap of bitcoin (might have been on here, not sure), and that if bitcoin were to reach roughly the same market cap as gold, it would mean a price at around 210 00 usd.
This got me thinking, how is the market cap of bitcoin calculated? as far as I have seen its the current price of bitcoin multiplied with whatever number of bitcoins have been mined. Would this not be an inefficient way of calculating the market cap? We know that X amount of bitcoin is forever lost due to lost keys and such. Even though no-one knows what that number is, isn't it likely that it is a large enough number to lower bitcoins market cap, and therefor make bitcoin undervalued?
And lets say, over the next 20 years, will not lost coins cause a huge increase in price by itself? | r/Bitcoin | 2024-24-05 |
Market cap is what it is. Don't change the definition. Use the tool if it is appropriate. Recognize that market cap is not very useful tool. | r/bitcoin | Market cap is what it is. Don't change the definition. Use the tool if it is appropriate. Recognize that market cap is not very useful tool. | r/Bitcoin | 2024-24-05 |
If fiat has no bottom then bitcoin has no top, if bitcoin has no top then market cap is irrelevant | r/bitcoin | If fiat has no bottom then bitcoin has no top, if bitcoin has no top then market cap is irrelevant | r/Bitcoin | 2024-25-05 |
In answer to op's question, these lost coins are already factored into the current price, if they were not lost and in fact sold the price would be lower meaning the current price in deed factors in the lost coins | r/bitcoin | In answer to op's question, these lost coins are already factored into the current price, if they were not lost and in fact sold the price would be lower meaning the current price in deed factors in the lost coins | r/Bitcoin | 2024-25-05 |
r/bitcoin | r/Bitcoin | 2024-24-05 |
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r/bitcoin | r/Bitcoin | 2024-24-05 |
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Oh so people expect that going from 5 to 10 is the same as going 500k to 1 million? Sorry but BTC does not grow exponentially, the growth slows down because of very heavy market cap, also halving doe snot have so much impact like it did in the past since most BTC is already mined | r/bitcoin | Oh so people expect that going from 5 to 10 is the same as going 500k to 1 million? Sorry but BTC does not grow exponentially, the growth slows down because of very heavy market cap, also halving doe snot have so much impact like it did in the past since most BTC is already mined | r/Bitcoin | 2024-24-05 |
Correct, but if the chart was linear, it wouldn't fit on the page. The log chart helps to visualize a larger range of the price movement. | r/bitcoin | Correct, but if the chart was linear, it wouldn't fit on the page. The log chart helps to visualize a larger range of the price movement. | r/Bitcoin | 2024-24-05 |
I would like to know if there's a website or a tool that can be used, where you input a public address of yours that has bitcoin in it, and the website produces a list of other public addresses that are yours as well, or assign a probability to addresses that it thinks might be yours.
I'd like to know how good or awful my privacy is, I think such a tool would help me understand, because right now I am sitting here (probably) naively believing no one could ever pin any activity on the blockchain to me the human (or maybe I'm a bot) | r/bitcoin | I would like to know if there's a website or a tool that can be used, where you input a public address of yours that has bitcoin in it, and the website produces a list of other public addresses that are yours as well, or assign a probability to addresses that it thinks might be yours.
I'd like to know how good or awful my privacy is, I think such a tool would help me understand, because right now I am sitting here (probably) naively believing no one could ever pin any activity on the blockchain to me the human (or maybe I'm a bot) | r/Bitcoin | 2024-24-05 |
Your submission has been flagged for removal because it is considered off topic for the Bitcoin subreddit.
^^I ^^am ^^a ^^bot ^^and ^^cannot ^^respond. ^^Please ^^contact ^^r/Bitcoin ^^moderators [^^directly ^^via ^^mod ^^mail](https://www.reddit.com/message/compose?to=%2Fr%2FBitcoin) ^^if ^^you ^^have ^^questions. | r/bitcoin | Your submission has been flagged for removal because it is considered off topic for the Bitcoin subreddit.
^^I ^^am ^^a ^^bot ^^and ^^cannot ^^respond. ^^Please ^^contact ^^r/Bitcoin ^^moderators [^^directly ^^via ^^mod ^^mail](https://www.reddit.com/message/compose?to=%2Fr%2FBitcoin) ^^if ^^you ^^have ^^questions. | r/Bitcoin | 2024-24-05 |
Ever wondered how Bitcoin stacks up against the top-performing assets and indices over the past 15 years? Check out this striking comparison!
📈 **Bitcoin (BTC)** has outperformed every other asset by a staggering margin, with an astonishing return of 3,000,000%. This meteoric rise dwarfs the impressive gains seen by leading tech giants and ETFs.
🏆 Here's a quick look at how other top performers compare:
- **Apple (AAPL)**: 1200%
- **Amazon (AMZN)**: 1500%
- **Netflix (NFLX)**: 2500%
- **Microsoft (MSFT)**: 900%
- **VanEck Semiconductor ETF (SMH)**: 1000%
- **iShares Semiconductor ETF (SOXX)**: 900%
- **SPDR S&P 500 ETF Trust (SPY)**: 200%
This chart uses a logarithmic scale to show the incredible disparity in returns. While tech stocks and ETFs have delivered solid gains, Bitcoin's performance is truly in a league of its own.
🔍 **Key Takeaway**: Bitcoin's unprecedented growth highlights the transformative potential of cryptocurrencies. However, it's essential to remember that with high returns come high risks. Diversification and thorough research remain crucial for any investment strategy. | r/bitcoin | Ever wondered how Bitcoin stacks up against the top-performing assets and indices over the past 15 years? Check out this striking comparison!
📈 **Bitcoin (BTC)** has outperformed every other asset by a staggering margin, with an astonishing return of 3,000,000%. This meteoric rise dwarfs the impressive gains seen by leading tech giants and ETFs.
🏆 Here's a quick look at how other top performers compare:
- **Apple (AAPL)**: 1200%
- **Amazon (AMZN)**: 1500%
- **Netflix (NFLX)**: 2500%
- **Microsoft (MSFT)**: 900%
- **VanEck Semiconductor ETF (SMH)**: 1000%
- **iShares Semiconductor ETF (SOXX)**: 900%
- **SPDR S&P 500 ETF Trust (SPY)**: 200%
This chart uses a logarithmic scale to show the incredible disparity in returns. While tech stocks and ETFs have delivered solid gains, Bitcoin's performance is truly in a league of its own.
🔍 **Key Takeaway**: Bitcoin's unprecedented growth highlights the transformative potential of cryptocurrencies. However, it's essential to remember that with high returns come high risks. Diversification and thorough research remain crucial for any investment strategy. | r/Bitcoin | 2024-24-05 |
Why did you exclude Nvidia? | r/bitcoin | Why did you exclude Nvidia? | r/Bitcoin | 2024-24-05 |
Let’s see NVDAs chart - Christian Bales voice | r/bitcoin | Let’s see NVDAs chart - Christian Bales voice | r/Bitcoin | 2024-24-05 |
I can't believe he prefers his portfolio growth to mine | r/bitcoin | I can't believe he prefers his portfolio growth to mine | r/Bitcoin | 2024-24-05 |
Lol yah | r/bitcoin | Lol yah | r/Bitcoin | 2024-24-05 |
There is no second best :) | r/bitcoin | There is no second best :) | r/Bitcoin | 2024-24-05 |
This is the way.
Now make those sats truly yours by sending them straight to cold storage. | r/bitcoin | This is the way.
Now make those sats truly yours by sending them straight to cold storage. | r/Bitcoin | 2024-24-05 |
Your submission has been flagged for removal because it pertains primarily to altcoin discussion and/or promotion. Altcoins are off topic for the Bitcoin subreddit. Please post in the subreddit appropriate to that altcoin instead. Thank you.
^^I ^^am ^^a ^^bot ^^and ^^cannot ^^respond. ^^Please ^^contact ^^r/Bitcoin ^^moderators [^^directly ^^via ^^mod ^^mail](https://www.reddit.com/message/compose?to=%2Fr%2FBitcoin) ^^if ^^you ^^have ^^questions. | r/bitcoin | Your submission has been flagged for removal because it pertains primarily to altcoin discussion and/or promotion. Altcoins are off topic for the Bitcoin subreddit. Please post in the subreddit appropriate to that altcoin instead. Thank you.
^^I ^^am ^^a ^^bot ^^and ^^cannot ^^respond. ^^Please ^^contact ^^r/Bitcoin ^^moderators [^^directly ^^via ^^mod ^^mail](https://www.reddit.com/message/compose?to=%2Fr%2FBitcoin) ^^if ^^you ^^have ^^questions. | r/Bitcoin | 2024-24-05 |
Help, I transfered my BTC from my blockchain main wallet to the blockchain exchange but now i can't access the exchange because it's not available in my country Kosova. What can I do? I tried with VPN and changed the region in my phone setting but still no access | r/bitcoin |
Help, I transfered my BTC from my blockchain main wallet to the blockchain exchange but now i can't access the exchange because it's not available in my country Kosova. What can I do? I tried with VPN and changed the region in my phone setting but still no access | r/Bitcoin | 2024-24-05 |
You sent your stack somewhere where you didn't have an account? How does that even make sense? | r/bitcoin | You sent your stack somewhere where you didn't have an account? How does that even make sense? | r/Bitcoin | 2024-24-05 |
Try using a computer. Apps on your phone have access to information that a browser does not. | r/bitcoin | Try using a computer. Apps on your phone have access to information that a browser does not. | r/Bitcoin | 2024-24-05 |
i don't know how to link a picture so I will try to explain, sorry for my bad English
When you try to send money from Blockchain app you get 3 option
1. give the wallet address
under the first option you have
My accounts and wallets here are these 2 option
2. blockchain.com Account
3. Exchange account
I pressed number 3 by mistake and until it was done i didnt notice | r/bitcoin | i don't know how to link a picture so I will try to explain, sorry for my bad English
When you try to send money from Blockchain app you get 3 option
1. give the wallet address
under the first option you have
My accounts and wallets here are these 2 option
2. blockchain.com Account
3. Exchange account
I pressed number 3 by mistake and until it was done i didnt notice | r/Bitcoin | 2024-24-05 |
ive tried it with a mac but still the same | r/bitcoin | ive tried it with a mac but still the same | r/Bitcoin | 2024-24-05 |
Have you reached out to their customer support and asked to send your money back? | r/bitcoin | Have you reached out to their customer support and asked to send your money back? | r/Bitcoin | 2024-24-05 |
Don't use [blockchain.com](https://blockchain.com) company :( It's all just trouble. Bitcoiners are warning against this company for years here and yet people still use it. | r/bitcoin | Don't use [blockchain.com](https://blockchain.com) company :( It's all just trouble. Bitcoiners are warning against this company for years here and yet people still use it. | r/Bitcoin | 2024-24-05 |
BTC purchasing power when converted to fiat would be quantified by the price of BTC in dollars. BTC purchasing power when purchasing goods directly with BTC would be independent from fiat. If the later is increasing, but my ability to spend BTC (no merchants in my area accepting on the map), then the purchasing power of my BTC is affectively zero. It seems to me that if you want to orange pill everyone into buying BTC there would be more focus on teaching people how to find places to spend BTC. Am I missing something or are there more than just a relatively few merchants (online or otherwise) that accept BTC? I can always sell for dollars and spend the dollars but that does nothing for me if I want to get a feel for the real purchasing power of BTC. Help me see this clearly. Thanks. | r/bitcoin | BTC purchasing power when converted to fiat would be quantified by the price of BTC in dollars. BTC purchasing power when purchasing goods directly with BTC would be independent from fiat. If the later is increasing, but my ability to spend BTC (no merchants in my area accepting on the map), then the purchasing power of my BTC is affectively zero. It seems to me that if you want to orange pill everyone into buying BTC there would be more focus on teaching people how to find places to spend BTC. Am I missing something or are there more than just a relatively few merchants (online or otherwise) that accept BTC? I can always sell for dollars and spend the dollars but that does nothing for me if I want to get a feel for the real purchasing power of BTC. Help me see this clearly. Thanks. | r/Bitcoin | 2024-24-05 |
I'm sorry if I ask a noob question but i've tried to wrap my head around this for the last hour.
Suppose you have a legacy private key (WIF uncompressed) for cold storage. (Please don't tell me the benefits of hardware wallets)
As I wanted to import another private key of the same type for testing purposes into bitcoin core, i learned that this wasn't as easy as I thought. I need some kind of very complicated tranformation using descriptors. (I still didnt manage to do this)
My question is: Will it be possible to use legacy private keys (WIF uncompressed) in 10 or 20 years? There will be no support for legacy wallets in a few month. Satoshis keys must be legacy too, right?
I can understand that there are benefits to newer address types but I just want to use my "old" legacy address. Why is this so hard?? 😅 | r/bitcoin | I'm sorry if I ask a noob question but i've tried to wrap my head around this for the last hour.
Suppose you have a legacy private key (WIF uncompressed) for cold storage. (Please don't tell me the benefits of hardware wallets)
As I wanted to import another private key of the same type for testing purposes into bitcoin core, i learned that this wasn't as easy as I thought. I need some kind of very complicated tranformation using descriptors. (I still didnt manage to do this)
My question is: Will it be possible to use legacy private keys (WIF uncompressed) in 10 or 20 years? There will be no support for legacy wallets in a few month. Satoshis keys must be legacy too, right?
I can understand that there are benefits to newer address types but I just want to use my "old" legacy address. Why is this so hard?? 😅 | r/Bitcoin | 2024-24-05 |
That can't be right. What if the fees for the transaction to sweep the wallet in the future would be $1000 (or $10000), you'd have to pay that to import your private keys into a new wallet, before spending it? | r/bitcoin | That can't be right. What if the fees for the transaction to sweep the wallet in the future would be $1000 (or $10000), you'd have to pay that to import your private keys into a new wallet, before spending it? | r/Bitcoin | 2024-25-05 |
Btw, is it possible to spend only one utxo with legacy private key or must i use all utxo from this addres? | r/bitcoin | Btw, is it possible to spend only one utxo with legacy private key or must i use all utxo from this addres? | r/Bitcoin | 2024-25-05 |
At that point, some pool will be so impressed by your hodling that they will boost your tx if you ask them nicely | r/bitcoin | At that point, some pool will be so impressed by your hodling that they will boost your tx if you ask them nicely | r/Bitcoin | 2024-25-05 |
Every UTXO can be spent independently. The protocol has no knowledge of "all UTXOs belonging to an address", or even addresses in general. Only UTXOs exist, and each has to be spent independently.
That said, it is advisable for privacy reasons to spend them all simultaneously if you have multiple UTXOs on the same address, as otherwise you'll be gratuitously revealing linkage between them. Some wallet software may do this for you. | r/bitcoin | Every UTXO can be spent independently. The protocol has no knowledge of "all UTXOs belonging to an address", or even addresses in general. Only UTXOs exist, and each has to be spent independently.
That said, it is advisable for privacy reasons to spend them all simultaneously if you have multiple UTXOs on the same address, as otherwise you'll be gratuitously revealing linkage between them. Some wallet software may do this for you. | r/Bitcoin | 2024-25-05 |
Yes, and if you first have to send them to a new wallet before sending them to an exchange or buyer, then you have to pay two fee instead of one. | r/bitcoin | Yes, and if you first have to send them to a new wallet before sending them to an exchange or buyer, then you have to pay two fee instead of one. | r/Bitcoin | 2024-25-05 |
Don't worry, legacy keys will still be usable, just not natively in BTC Core. | r/bitcoin | Don't worry, legacy keys will still be usable, just not natively in BTC Core. | r/Bitcoin | 2024-25-05 |
r/bitcoin | r/Bitcoin | 2024-24-05 |
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BTC has a finite supply. You’re a fool if you think it’s not guaranteed in the long run. If it was killable JP Morgan would have succeeded with their attack on it years ago. | r/bitcoin | BTC has a finite supply. You’re a fool if you think it’s not guaranteed in the long run. If it was killable JP Morgan would have succeeded with their attack on it years ago. | r/Bitcoin | 2024-25-05 |
lol just say "ahh youre dumb. got it". lol | r/bitcoin | lol just say "ahh youre dumb. got it". lol | r/Bitcoin | 2024-25-05 |
I dont see a reason why anyone that understands the concept and benefits of Bitcoin will consider its investors lucky. | r/bitcoin | I dont see a reason why anyone that understands the concept and benefits of Bitcoin will consider its investors lucky. | r/Bitcoin | 2024-25-05 |
I was born yesterday.
Do I deserve to buy it at $5,000,000 when I start working in 2040? | r/bitcoin | I was born yesterday.
Do I deserve to buy it at $5,000,000 when I start working in 2040? | r/Bitcoin | 2024-25-05 |
You thinking 1 million in just 5 more years? | r/bitcoin | You thinking 1 million in just 5 more years? | r/Bitcoin | 2024-25-05 |
The more you educate yourself, the luckier you get.
Weird how that works, isn’t it? | r/bitcoin | The more you educate yourself, the luckier you get.
Weird how that works, isn’t it? | r/Bitcoin | 2024-25-05 |
So deep | r/bitcoin | So deep | r/Bitcoin | 2024-25-05 |
Probably it’s what all poor’s say about the rich. | r/bitcoin | Probably it’s what all poor’s say about the rich. | r/Bitcoin | 2024-25-05 |
If Bitcoin is too volatile then so is the dollar. | r/bitcoin | If Bitcoin is too volatile then so is the dollar. | r/Bitcoin | 2024-25-05 |
I'm always happy to see what you share on Facebook but we're not friends yet, I've tried sending you a request several times but it doesn't go through. I would be so happy if you can just click on my profile and send me a request, but if you find this massage embarrassing, please forgive my manners, have a safe thank you, and stay y blessed day | r/bitcoin | I'm always happy to see what you share on Facebook but we're not friends yet, I've tried sending you a request several times but it doesn't go through. I would be so happy if you can just click on my profile and send me a request, but if you find this massage embarrassing, please forgive my manners, have a safe thank you, and stay y blessed day | r/Bitcoin | 2024-25-05 |
I'm always happy to see what you share on Facebook but we're not friends yet, I've tried sending you a request several times but it doesn't go through. I would be so happy if you can just click on my profile and send me a request, but if you find this massage embarrassing, please forgive my manners, have a safe thank you, and stay y blessed day | r/bitcoin | I'm always happy to see what you share on Facebook but we're not friends yet, I've tried sending you a request several times but it doesn't go through. I would be so happy if you can just click on my profile and send me a request, but if you find this massage embarrassing, please forgive my manners, have a safe thank you, and stay y blessed day | r/Bitcoin | 2024-25-05 |
Oh sorry I don’t remember the last time I even checked Facebook so I wouldn’t have noticed. If i remember right they give you a cap on the number of friends you can have it’s either 2k or 5k | r/bitcoin | Oh sorry I don’t remember the last time I even checked Facebook so I wouldn’t have noticed. If i remember right they give you a cap on the number of friends you can have it’s either 2k or 5k | r/Bitcoin | 2024-25-05 |
Oh yeah | r/bitcoin | Oh yeah | r/Bitcoin | 2024-25-05 |
Can we get to know each other here | r/bitcoin | Can we get to know each other here | r/Bitcoin | 2024-25-05 |
No point in arguing with that person.
You know, 7 years ago i was like that person. Convinced in universal truth aka government words about gambling/volatility/etc.
What made me rethink my position - my loan from bank with ginormous %.
Little by little i opened door leading to BTC, like prob all people in this sub.
So until something fks up in life… Well you know the rest. | r/bitcoin | No point in arguing with that person.
You know, 7 years ago i was like that person. Convinced in universal truth aka government words about gambling/volatility/etc.
What made me rethink my position - my loan from bank with ginormous %.
Little by little i opened door leading to BTC, like prob all people in this sub.
So until something fks up in life… Well you know the rest. | r/Bitcoin | 2024-25-05 |
This solid | r/bitcoin | This solid | r/Bitcoin | 2024-25-05 |
They are lucky. They won the IQ lottery. | r/bitcoin | They are lucky. They won the IQ lottery. | r/Bitcoin | 2024-25-05 |
People don’t understand the 4 year cycle. And it’s such a simple trend to follow | r/bitcoin | People don’t understand the 4 year cycle. And it’s such a simple trend to follow | r/Bitcoin | 2024-25-05 |
It's just funny that this ideas has been repeated for so long now. That fact that it was a good investment if you bought it any year in the last 15 years is just 15 years of lucky I guess. | r/bitcoin | It's just funny that this ideas has been repeated for so long now. That fact that it was a good investment if you bought it any year in the last 15 years is just 15 years of lucky I guess. | r/Bitcoin | 2024-25-05 |
Only by the people who are going to stay poor | r/bitcoin | Only by the people who are going to stay poor | r/Bitcoin | 2024-25-05 |
yeah, to call that investing is literally wrong. borrowing money to speculate is gambling. especially on a credit card, which means they didnt have access to any decent credit products/lines of credit. they got lucky that bitcoin hit all time highs before the halving. by all accounts of past performance, we should still be 8-12 months out from the peak. so it was VERY lucky that OP didnt have to continute holding and waiting another year and we hit an unprecedented ATH before halving. obviously past performance doesnt predict anything for sure, but to gamble in a way that is also against the known trends is two layers of danger. | r/bitcoin | yeah, to call that investing is literally wrong. borrowing money to speculate is gambling. especially on a credit card, which means they didnt have access to any decent credit products/lines of credit. they got lucky that bitcoin hit all time highs before the halving. by all accounts of past performance, we should still be 8-12 months out from the peak. so it was VERY lucky that OP didnt have to continute holding and waiting another year and we hit an unprecedented ATH before halving. obviously past performance doesnt predict anything for sure, but to gamble in a way that is also against the known trends is two layers of danger. | r/Bitcoin | 2024-25-05 |
i like bitcoin as much as the next guy. But what you did WAS lucky and it WAS NOT investing. it was gambling. | r/bitcoin | i like bitcoin as much as the next guy. But what you did WAS lucky and it WAS NOT investing. it was gambling. | r/Bitcoin | 2024-25-05 |
good point... imo the answer should be just like: "sure, i got lucky" | r/bitcoin | good point... imo the answer should be just like: "sure, i got lucky" | r/Bitcoin | 2024-25-05 |
Purchasing, holding and selling btc for a profit is definitely gambling. You got no clue where it's going to go and it's not "superior to the dollar" as you wouldn't be selling it for the dollar. | r/bitcoin | Purchasing, holding and selling btc for a profit is definitely gambling. You got no clue where it's going to go and it's not "superior to the dollar" as you wouldn't be selling it for the dollar. | r/Bitcoin | 2024-25-05 |
I think it's luck because even if you believe BTC will go up over the long-term, you're still gambling that the appreciation in the short-term is going to outpace the interest on the short-term debt. This basically just leveraged investing, it's risky and lots of people do it. | r/bitcoin | I think it's luck because even if you believe BTC will go up over the long-term, you're still gambling that the appreciation in the short-term is going to outpace the interest on the short-term debt. This basically just leveraged investing, it's risky and lots of people do it. | r/Bitcoin | 2024-25-05 |
bitcoin is very predictable long term. but you have to understand a log graph | r/bitcoin | bitcoin is very predictable long term. but you have to understand a log graph | r/Bitcoin | 2024-25-05 |
"All these amazing flavors and you choose salty?" | r/bitcoin | "All these amazing flavors and you choose salty?" | r/Bitcoin | 2024-25-05 |
Yet* | r/bitcoin | Yet* | r/Bitcoin | 2024-25-05 |
Most people who gamble lose, I wonder how many people lose on their btc investment? I bet more lose on btc, that's why I lose n btc doesn't | r/bitcoin | Most people who gamble lose, I wonder how many people lose on their btc investment? I bet more lose on btc, that's why I lose n btc doesn't | r/Bitcoin | 2024-25-05 |
Fake | r/bitcoin | Fake | r/Bitcoin | 2024-25-05 |
That's pretty much what I tell people, though secretly inside I know it's because I was smart enough to understand the potential, was willing to take the risk and worked for years to build up my stack.
The only luck I can truly say I had was seeing the video Andreas made in that restaurant back in 2013, it changed my life forever. | r/bitcoin | That's pretty much what I tell people, though secretly inside I know it's because I was smart enough to understand the potential, was willing to take the risk and worked for years to build up my stack.
The only luck I can truly say I had was seeing the video Andreas made in that restaurant back in 2013, it changed my life forever. | r/Bitcoin | 2024-25-05 |
CC debt for literally anything is usually a terrible plan | r/bitcoin | CC debt for literally anything is usually a terrible plan | r/Bitcoin | 2024-25-05 |
I see two main problems here.
First, bitcoin and crypto in general is so volatile that a rational, risk-averse person would not put their net worth in the form of bitcoin. Sure it goes up because of scarcity & demand, but it also goes down. Would you consider a storehold of wealth an asset that could potentially half in a year?
Second, sure you can use bitcoin for SOME transactions (very limited everyday transactions) but if everyone were to use it in the way you describe the network would be very slow, inefficient and expensive, right? | r/bitcoin | I see two main problems here.
First, bitcoin and crypto in general is so volatile that a rational, risk-averse person would not put their net worth in the form of bitcoin. Sure it goes up because of scarcity & demand, but it also goes down. Would you consider a storehold of wealth an asset that could potentially half in a year?
Second, sure you can use bitcoin for SOME transactions (very limited everyday transactions) but if everyone were to use it in the way you describe the network would be very slow, inefficient and expensive, right? | r/Bitcoin | 2024-25-05 |
Yeah putting your living expenses on credit cards to buy bitcoin is stupid. Even though it could be predicted that BTC would rise, you’re lucky it actually happened and that you weren’t left with a huge CC bill. It was a huge gamble indeed.
You shouldn’t act like it was a smart choice to do this. | r/bitcoin | Yeah putting your living expenses on credit cards to buy bitcoin is stupid. Even though it could be predicted that BTC would rise, you’re lucky it actually happened and that you weren’t left with a huge CC bill. It was a huge gamble indeed.
You shouldn’t act like it was a smart choice to do this. | r/Bitcoin | 2024-25-05 |
Kreeos and all the "others" like them are truly like talking to a brick wall man. Stubbornly misinformed and in complete denial of it too! 😂😑🫣 | r/bitcoin | Kreeos and all the "others" like them are truly like talking to a brick wall man. Stubbornly misinformed and in complete denial of it too! 😂😑🫣 | r/Bitcoin | 2024-25-05 |
Most people will never understand Bitcoin and thus most will never understand us. Accept it, if you press the point it just makes you the child for being insecure. We will always be seen as gamblers to outsiders. But you should never buy bitcoin with debt. Credit cards can charge up to 30% interest, That's not gambling that's russian roulette. | r/bitcoin | Most people will never understand Bitcoin and thus most will never understand us. Accept it, if you press the point it just makes you the child for being insecure. We will always be seen as gamblers to outsiders. But you should never buy bitcoin with debt. Credit cards can charge up to 30% interest, That's not gambling that's russian roulette. | r/Bitcoin | 2024-25-05 |
No I dont agree
The idea of HODL is actually the very fundamental reason for its growth.
As long as bitcoin is able to maintain a price increase over longer time periods its able to fulfill its function as a store of value.
The function of a medium of exchange requires price stability, aka unit of account. These 2 functions are less important than the store of value function. | r/bitcoin | No I dont agree
The idea of HODL is actually the very fundamental reason for its growth.
As long as bitcoin is able to maintain a price increase over longer time periods its able to fulfill its function as a store of value.
The function of a medium of exchange requires price stability, aka unit of account. These 2 functions are less important than the store of value function. | r/Bitcoin | 2024-25-05 |
yes, they are. only rich people win in this system | r/bitcoin | yes, they are. only rich people win in this system | r/Bitcoin | 2024-25-05 |
I normally just retort
Nah I’m just good at making money
Bahahahaha | r/bitcoin | I normally just retort
Nah I’m just good at making money
Bahahahaha | r/Bitcoin | 2024-25-05 |
I'd say yes you will always be called lucky. His statement is not objectively incorrect. Even if you did intelligently plan and predict and take a risk, you were lucky to have the mindset and opportunity to do so. There are many other variables than luck, but he chooses to focus on the luck part. Maybe it's a coping mechanism, or he's trying to be annoying. Either way there's no point in arguing with him. | r/bitcoin | I'd say yes you will always be called lucky. His statement is not objectively incorrect. Even if you did intelligently plan and predict and take a risk, you were lucky to have the mindset and opportunity to do so. There are many other variables than luck, but he chooses to focus on the luck part. Maybe it's a coping mechanism, or he's trying to be annoying. Either way there's no point in arguing with him. | r/Bitcoin | 2024-25-05 |
HODLING effectively was a gamble back then. We had Mt Gox and 10,000 ways to suffer a rug pull. The actual investing was simply a matter of learning economics and having the balls to make a move, and patience to wait it out. | r/bitcoin | HODLING effectively was a gamble back then. We had Mt Gox and 10,000 ways to suffer a rug pull. The actual investing was simply a matter of learning economics and having the balls to make a move, and patience to wait it out. | r/Bitcoin | 2024-25-05 |
Did this dumby just say crypto/investing is gambling but gambling isn't luck | r/bitcoin | Did this dumby just say crypto/investing is gambling but gambling isn't luck | r/Bitcoin | 2024-25-05 |
Lol | r/bitcoin | Lol | r/Bitcoin | 2024-25-05 |
Not lucky but don't forget that 90% of people lose money in cryptocurrency, that's way worse than the stock market. I don't blame people when they view 'crypto' investors as foolish investors, because most are (they think they can become rich with 1000$ in crypto).
Also, the commentor is actually very stupid. He wasn't skilled in his decision to invest in BTC, it was quite stupid and wreck less. He put his necessities on his flipping credit card, what if BTC had crashed? | r/bitcoin | Not lucky but don't forget that 90% of people lose money in cryptocurrency, that's way worse than the stock market. I don't blame people when they view 'crypto' investors as foolish investors, because most are (they think they can become rich with 1000$ in crypto).
Also, the commentor is actually very stupid. He wasn't skilled in his decision to invest in BTC, it was quite stupid and wreck less. He put his necessities on his flipping credit card, what if BTC had crashed? | r/Bitcoin | 2024-25-05 |
I think he doesn’t understand finance which is why he says the stupid shit he says 🤣🤣🤣 | r/bitcoin | I think he doesn’t understand finance which is why he says the stupid shit he says 🤣🤣🤣 | r/Bitcoin | 2024-25-05 |
You're probably the second to the bottom of your civilization. We keep you angry and aggressively protective of established systems of authority to hold that line. | r/bitcoin | You're probably the second to the bottom of your civilization. We keep you angry and aggressively protective of established systems of authority to hold that line. | r/Bitcoin | 2024-25-05 |
Anyone else getting tired of getting lucky all the time?
Yeah, me neither. | r/bitcoin | Anyone else getting tired of getting lucky all the time?
Yeah, me neither. | r/Bitcoin | 2024-25-05 |
I hope so. Each time it jumps multiples in price we are all lucky. | r/bitcoin | I hope so. Each time it jumps multiples in price we are all lucky. | r/Bitcoin | 2024-25-05 |
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