Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.
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- How to convince someone to buy more Bitcoin than altshit? If a person has BTC too, but still prefer some altshit instead BTC, arguments such as in a bear market, all these fake 5-20x (because he won't sell them because of greed) will turn into huge minuses do not work, are there any other options? I just don't want him to make such dumb mistake, losing true value assets and replacing them with this shit.
Started by:
maestroysha- 2
- 12
- 1 year, 1 month ago
stoic_goat_- Even the S2F predicts $100k in 2024. Sooooo for the next three years just save some money. Buy some sats. Rinse. Repeat
Started by:
Fun-Hamster-8457- 2
- 3
- 1 year, 1 month ago
degenrebel- bitcoin is alive. it’s breathing. out now, in surely sooner or later. hodl and buy the motherfucking dip. bitcoin is alive. it's breathing. out now, in surely sooner or later. hodl and buy the motherfucking dip.
Started by:
actum_tempus- 2
- 7
- 1 year, 1 month ago
Temporary-Welder7588- It’s time to completely opt-out of the fiat system I’m contemplating leaving the rigged fiat system completely. A quick background, I work in the IT industry and have a 4-year degree. My job is relatively easy and I’ve gained a lot of IT skills throughout the past 10 years. I have good credit and I’ve always paid my bills on time. I always try to do the right thing and consider myself to be a decent human being. I am always looking to improve myself through personal development, eating healthy, and maintaining a decent social life. Each year in the fiat system I become poorer and poorer and it’s slowly wearing me down. I’m tired of getting pay decreases each year when you factor in inflation. The company I work for is giving us 2% raises this year which won’t even come close to beating inflation. Every year I essentially get a pay reduction. The work I perform for my company is boring and could probably be easily automated (I’ve already automated most of it). The products we make do not help humanity nor do they improve the quality of life. In fact, I could argue these products destroy lives and hurt the environment. The only benefit this company brings to the world is that it allows the fiat system to limp along “stimulating” the economy. Most of the other professional departments (HR, legal, marketing, sales, customer service) jobs are all pointless and could be easily automated as well. Almost all office jobs are created from inefficiencies in the fiat system when you think about it. Everyone in IT is hired so we can collect manufacturing data for legal purposes (regulatory) and streamline some processes. Everyone in HR just services the needs of people working jobs that probably aren't needed. Everyone in legal trying to make sure the company does not get sued. All the people in marketing and sales trying to trick people into buying our products. It’s all just so pointless. Once it finally seems like this place will go belly up (like it probably should considering it doesn't help humanity) the fed injects more money to keep us in business so we can continue making these pointless products. Time is the most valuable asset known to man. So much time is wasted when you think about the fiat system and its inefficiencies. I’m sure there are thousands of companies just like the one I work for. Billions of man-hours are wasted performing mundane tasks that only benefit a few elite. Who wants to buy some land with me and start a new way of life? Thinking we can live out of shipping container crates, mine bitcoin with solar power, automate our food production and work on projects that help humanity. Open source everything so others can participate and contribute. Just like with bitcoin anyone can join our network and with each new person, the network becomes stronger and more resilient. Our time is too valuable to be wasted supporting a broken system that only benefits a few. All we need to do is walk away from it. Who wants to take a leap of faith and be a true pioneer with me? TL/DR We work pointless jobs, funded by pointless money (fiat), to live semi-pointless lives. It’s time to fully opt-out of fiat and try a new way of life.
Started by:
xzclusiv3- 2
- 6
- 1 year, 1 month ago
greenacresdreaming- A simple analogy for you to use when other say “btc can be replaced by any other crypto.” I talk about btc a lot with friends and family, a lot of who don’t understand BTC or crypto. And one of the common points they like to bring up is “what’s to stop someone from making another btc or crypto like it? I like to answer this question with an analogy that goes like, “ while you are technically correct, it would be like replacing the USD with the Peso;” wich could also technically happen…… I find this works alot better then trying to explaining a store of value that is decentralized and Secure because most people don’t understand how the fiat system works so they won’t understand why BTC has value. They do understand that the world as a whole trust the US a lot more then it trust Mexico tho. (Not meant to be offensive or to take shoots at Mexico or it’s citizens so please don’t take it that way).
Started by:
d-redze- 2
- 8
- 1 year, 1 month ago
Scottex99- Orange Pilled my wife hardcore She surprised me today and told me she bought an additional $8k at $42k. Proud husband!!! Can’t wait for what the future holds!
Started by:
BroStoic- 2
- 3
- 1 year, 1 month ago
Equivalent_Zombie- Fun fact: The first US telecom companies started offering home internet services in 1995. Some of the worlds largest commercial banks are starting to offer bitcoin direct to customers starting this year. I would venture to guess that may mean 2025 will be our mainstreaming year, the equivalent of 2000 for the internet, meaning the next 36 months will be the main years of opportunity and wealth creation using bitcoin. We are still very early but the next 36 months will be that last window of opportunity that creates generational wealth for many people in this sub. After that bitcoin transitions from a wealth generation vehicle to a wealth preservation vehicle.
Started by:
slvbtc- 2
- 3
- 1 year, 1 month ago
pinshot1- Why do you think people panic sell? Just trying to understand the thinking behind "oh no the thing I own is losing value fast - better sell!"
Started by:
GAUD5555- 2
- 16
- 1 year, 1 month ago
JMP-23- Bitcoin Crash 2022 Best Tweets https://twitter.com/chitra_fanclub/status/1478950476137709568
Started by:
Fenster- 1
- 7
- 1 year, 1 month ago
Fenster- Start of a larger dip or buying opportunity? What do you guys think about the state of BTC right now?
Started by:
andrewmurray1- 2
- 16
- 1 year, 1 month ago
Tomato_Jumpy- I bought the dip I just bought the dip, I am so happy to purchase more 0,01 BTC. I will keep buying :)
Started by:
AdSuitable926- 2
- 2
- 1 year, 1 month ago
Fenster- This guy has a magical skill to predict where you should go and buy more Bitcoin. Go on and HODL This guy has a magical skill to predict where you should go and buy more BTC. Go on and HODL
Started by:
maestroysha- 2
- 7
- 1 year, 1 month ago
Slobodaq- Argument: over time all bitcoin will be lost hi all Was talking about crypto with my sceptical buddy and I mentioned that of the 21m BTC that can ever be, some 3.7m are already lost, probably for ever, due to lost keys, words and drives. He retorted, so eventually **all** bitcoin will be lost, it's a one way trapdoor. He means that there will be a tendency, over time, for bitcoin to be lost, the more time the more bitcoin. I didn't have a response. It's an absolute finite resource that will, especially with 20 years of "first time wallet creator errors" to come, get inexorably smaller. What are the thoughts of the sub.
Started by:
primal_buddhist- 2
- 18
- 1 year, 1 month ago
Mark_Bear- Investing as a teen Hey I am a 16 year old who recently got a job and wanted to start investing it. However all the apps you have to be older than 18. I could start on my moms account but i dont want to mess up my moms taxes and stuff. Is there a way to work around this. I dont know if this part is helpful but I live in Canada
Started by:
Zealousideal-Pizza56- 2
- 8
- 1 year, 1 month ago
thelightoftheparty- Can I use an old seed phrase in a different wallet? Hi, I have an old Electrum wallet, with only 20 dollars or so left on it. I figured I could access these sats in a mobile wallet as well, so I can spend these sats in a local cafe that accepts BTC. I tried to enter the seed in mobile wallets Eclair and Samourai, but both give an error when I put in the words. I thought the private key or the seed phrase was interchangable. Are they..?
Started by:
WeslDan34- 2
- 5
- 1 year, 1 month ago
Jayandrettii- Have seed but cannot send funds from watch only wallet in blue wallet Created watch only wallet in blue wallet with my xpub Single Sig (Segwit). Then used the watch only wallet to receive BTC. This address I believe was not segwit, didn't know at the time. Then sent 0.005 BTC to that address. I used imported my seed into other wallets but the funds are not there. Any way to use the seed or private key to sign a transaction that would be sent out of this address. Thanks ​ EDIT: I had to find the private key from the public key from the address then load that private key into electrum, then I was able to send it out. This resolved my issue: [https://bitcoin.stackexchange.com/questions/78704/can-you-retrieve-funds-send-to-a-legacy-address-created-with-a-segwit-extended-p](https://bitcoin.stackexchange.com/questions/78704/can-you-retrieve-funds-send-to-a-legacy-address-created-with-a-segwit-extended-p)
Started by:
drdrew450- 2
- 8
- 1 year, 1 month ago
thelightoftheparty- Is Bitcoin a deflationary asset? I’ve seen it described this way, but mainly as an example of how it is not inflationary like fiat. Is it truly right to call it deflationary? Why or why not?
Started by:
the_dude_abides3- 2
- 7
- 1 year, 1 month ago
PM_me_your_btc_story- Investing / Purchasing BTC advice I invested £100 into BTC using Revolut & came across this sub. After reading the FAQ I saw it said to never store your BTC on an exchange or web wallet, would people recommend I withdraw my investment & instead purchase BTC and deposit it into my own wallet? I have minimal knowledge on Crypto so would really appreciate any advice/ help - or places I can read info that’d help beginners! Thanks in advance
Started by:
anonuser-5000- 2
- 4
- 1 year, 1 month ago
thelightoftheparty- Am I supporting the bitcoin network? Hi everybody, Started running my Full node yesterday following the [https://bitcoin.org/](https://bitcoin.org/) instructions and I am not sure whether it is supporting the network. I went to this website [https://bitnodes.21.co/#join-the-network](https://bitnodes.21.co/#join-the-network) but it said my connection was "unreachable". Paradoxically, the instructions say if I have more then 8 active connections then incoming connections is working. Currently I have 10 active connections. I triple checked that my IP address is correct, used a static DHCP address and triple checked the configuration for that also. Additionally I port forwarded 8333 to the computer running the full node, still no success with the website. It says the connection is unreachable. I am running the full node on the ubuntu 20.04 operating system. Thanks in advance for your assistance. ​ ​
Started by:
Ok_Comb5503- 2
- 3
- 1 year, 1 month ago
Bloodsport121- How are keys protected by a HWW if I can see my seed phrase on my laptop? My understanding is that my hardware wallet stores my private keys in a secure fashion. This is more secure than if they were to be stored on a desktop or laptop computer. Private keys are derived from a mnemonic phrase. If I can see my mnemonic phrase on my wallet on my laptop, then it would be possible to derive my private keys from the laptop if it were to be compromised. Thus if an attacker were to gain access to the mnemonic phrase on my laptop hard drive, they could derive my private keys and steal my coins. It follows from this that my hardware wallet affords me little extra security as compared to if I just stored my keys on my laptop hard drive. Tell me why I'm wrong.
Started by:
FatCastle1- 2
- 5
- 1 year, 1 month ago
bitcoin_barry- Hello, how do i put money into my binance wallet to buy bitcoin? I'm quite new to finances and bitcoin and pretty much everything related to it. I was wondering, how do I put money into my binance account to buy crypto?
Started by:
SalsichaoTop- 2
- 3
- 1 year, 1 month ago
Crypto4Canadians- Anyway to verify using a state ID instead of a drivers license? I don't have a driver's license but I'm over the age of 18 and have a state ID. Also don't know if it's related to the wallet but I'm using BTC Core.
Started by:
SlushFiend- 2
- 2
- 1 year, 1 month ago
bitusher- How are miners paid exactly? Are they given new bitcoin as it is created or are they getting a tiny piece of the transactions they process?
Started by:
guyinnova- 2
- 5
- 1 year, 1 month ago
LunaGuardian- Bitcoin’s final eclipse on gold. Most gold is held by central banks. Even though gold standards are mostly dead, gold is still their hard asset of choice--because they control it. Gold is an asset that is way too hard for fiat, so it’s critical the price is held in check and manipulated relentlessly, because if it reached escape velocity, it would greatly demonetize their power, wreck price controls, and render their inflationary systems mostly effete. It’s important that the amounts any central bank holds is never actually known (wether that’s less or more than they say), and it’s important that ownership of a majority (in a central bank’s country, and the world at large) is always maintained. You can’t manipulate large assets effectively if you don’t own a majority of them, or a majority of the infrastructure that supports them (preferably both). That’s what we’ve seen with gold, what OPEC does to Brent oil, what packers do to beef prices, etcetera. Otherwise you’d end up in a situation where your exposure is like a naked call or naked put. A single outsized price move in either direction can leave you bankrupt or ruined. With majority ownership, your ability to leak an asset onto the open market becomes powerful, as does collusion. Your ability to exploit derivatives also becomes a viable tool. You can move it up or down, as circumstances demand. But remember, gold can’t go too low either, otherwise it destabilizes other parts of their monetary scheme. [https://en.wikipedia.org/wiki/London_Gold_Pool](https://en.wikipedia.org/wiki/London_Gold_Pool) Here’s what Peter Schiff, legacy governments, and academic economics can't see yet: Gold is the open vector of attack that bitcoin will exploit and use to demonetize the political class. If a single country (it doesn’t have to be a large one) decides that holding gold is not worth it, and bitcoin is better, all hell breaks loose. And in this Squid Game, the first country out the door, wins. Consider: if this single country put their gold on the open market, it would spook the price, and the wave of contagious fear it brought, would snowball. This would produce an incredibly pernicious environment for the weakest currencies, and when those start imploding, many others cascade with them. The cost to hedge further gold downside would quickly get out of reach as well, because the beta (premium) on options and futures protection would rocket enough to put a hole through heaven's ivory floorboards, where the Bagdanoff twins (RIP) are waiting. So if you're a country holding gold, anxiously watching this drawdown, you have essentially one of two immediate choices: buy the gold that other countries are selling, or exit, making certain not to be the last fool out the door. Because if another country decided to offload even part of their reserves, there's really no telling where the well's bottom splashes. What hard asset do they acquire then? There are none but bitcoin. It’s become a Schelling Point. But that's a problem, because for the amount countries need to keep their monetary Ponzi scheme’s going, they’re late. You see, 90% of the coins have already been mined. All of them are already owned (or lost). The last 10% will take 140 years to mine. And the majority of the coinbase (block rewards) will be HODLed by miners. What that means directionally for any entity needing majority control isn’t good. And it leaves one place for them to acquire bitcoin: the open free market...meaning you're in trouble. If you're not first out the door, the price and volatility will get out of hand, and the more money you print to try catching it, the higher it will go. BTC becomes a margin call on fiat. It’s significantly harder than gold, and after the next halving, its stock-to-flow will be considerably scarcer than gold’s. But bitcoin isn’t constrained by borders. Its distribution is exact (block every 10 minutes, 6.25 coinbase, inflation reset every 4 years). It’s resistant to seizure. Resistant to change. And with the LN moves at the speed of light and settles instantly. Academic economists are confused by it because it combines many things it shouldn’t be able to into one singularity, which given enough time and maturity, produces a complete vertically integrated monetary system. I'm sure a few countries will try 6102 style attacks, which won’t work, because BIP’s like OP_CHECKTEMPLATEVERIFY, along with non-custodial wallet evolution will make those a fruitless endeavor. **Executive Order 6102 was when Franklin Delano Roosevelt seized gold and outlawed its sale.* Any illusions that countries trie creating with gold reserves get shattered. Many still use this as collateral to borrow from other nations. Turkey’s gold reserves for example, are enormous (#10 in world just behind India, or so they say) and this along with their strategic geography are the only things saving the Lira from collapse. Their gold has afforded them bargaining power. Imagine if the value of that stockpile was drawn, quartered, and halved. Authoritarians will have nothing to fall back on if their fiat goes hyper. They can’t fund wars or aggression anymore. All they have is fiat, and invading a country for their gold and oil doesn’t work, as gold has been demonetized and oil is priced in bitcoin (save this point for another time). They’ll have no access to the hardest asset. If they want to borrow that, they’ll need a functional and trustworthy legal system, and the collateral surrendered up front will be enormous, 50% spot value of the borrowed coinage. Prediction: Nation state gold dumping can’t be done quietly anymore. It will be individual investors out the door first (as we’re seeing currently). It will be hedge funds and country’s planning on dumping that acquire the cheap puts. It will be Taiwan that dumps their gold and gets the party started. The US and Germany have enormous gold exposure (#1 and #2 respectively), but luckily their citizens also have enormous bitcoin exposure (#1 and #2 respectively), and both have a mining industry with parabolic hashrates. Switzerland will follow Taiwan out the door. Anyone that dumps afterwards will do so at a rolling 50%-75% discount. It’ll stabilize around $500/ounce as derivatives catch up and premiums collapse, and it’s likely silver flips gold's market cap (30% of silver is used in green energy projects and that percentage might double in the next decade) on its way to oblivion. So as you stare at the price of a bitcoin which has fallen from $47k to $42k today and contemplate the capital sin of distributing your coins out of fear, consider the power you’re willingly ceding. BTC is an IQ test.
Started by:
Mallardshead- 2
- 2
- 1 year, 1 month ago
TheCrypWalker- Why is the price of bitcoin correlated with other cryptocurrencies? And do we expect this correlation to continue in the future? Today, for instance, the price of bitcoin fell, and so did the price of other cyptocurrencies. It seems a degree of price correlation exists between bitcoin and other cryptocurrencies. I'm not sure how tight that correlation is, but there certainly is *some* correlation. What explains this correlation? And well, if bitcoin is different, do we expect it to de-couple from other cryptocurrencies in terms of price correlation?
Started by:
PeleMaradona- 2
- 5
- 1 year, 1 month ago
igadjeed- Advice please Hello, I’m brand new to crypto and bought some bitcoin for the first time today. I was wondering where is a good place to store my crypto? Do I store it on Coinbase or the exodus app I downloaded on my phone? Is there a reason to choose one over the other? And can I sell crypto directly from my wallet? Or do I need to move my crypto between Coinbase and exodus depending on what I want to do? Thanks for any advice!
Started by:
Itchy_Chair_3972- 2
- 5
- 1 year, 1 month ago
Boutitj- I just Created a wallet in blockstream green, i have no idea of how or where to buy Bitcoin I already have some money in BTC using etoro, but I would like to own my own BTC so I created a wallet in blockstream but i have no idea of where should i Start to buy
Started by:
Altruistic_Debt3989- 2
- 4
- 1 year, 1 month ago
GibbsSamplePlatter- Cant make a mobile watch only wallet on android from Electrum PC wallet Hi, i want to make a mobile watch only wallet, but all the apps i tried don't work, blue wallet, mycelium, blockstream green etc. don't accept the public key or there's no option for creating such wallet, i'll be grateful for any help
Started by:
dariusvarno- 2
- 3
- 1 year, 1 month ago
bitusher- Can I use a Regular computer to mine bitcoin? If I mine bitcoin with my desktop will it work okay? I'm not interested in making any money. I don't care about the money. I do care about decentralisation and the utility of bitcoin, and because of that I want to ensure it continues. My question is will running a node or mining bitcoin add to the decentralisation of the network?
Started by:
danielgenetics- 2
- 4
- 1 year, 1 month ago
Carolina_1993- How do I put money into my wallet to buy crypto? If I create an account in an exchange, I wont have anything to buy crypto. How do I put money into it? Sorry for possibly the dumbest question on this sub, im a noob :/
Started by:
SalsichaoTop- 2
- 4
- 1 year, 1 month ago
bitusher- How much is wise to invest in Bitcoin? I know this is hard to answer, as it really depends on your starting capital. But say you had a full-time job and 50k$ to invest, how much of it would you dedicate to cripto? I tend to split my money into many different kinds of investment so as not to put all eggs in one basket, and frankly the less safe a "basket" is, the less money I'd like to dedicate to it. 1 2
Started by:
MrLandlubber- 2
- 28
- 1 year, 1 month ago
igadjeed- If everyone’s transactions with Bitcoin are displayed on the public ledger how is Bitcoin considered so safe and private that criminals apparently use it in the dark web? If everyone's transactions with BTC are displayed on the public ledger how is BTC considered so safe and private that criminals apparently use it in the dark web?
Started by:
ProfitHour4768- 2
- 5
- 1 year, 1 month ago
AlexDRibeiro- why do altcoins crash when bitcoin crashes ? I understand that altcoins are following bitcoins trend but was just wondering how that works.. why do altcoins fall when bitcoin falls?
Started by:
gyeah7- 2
- 8
- 1 year, 1 month ago
alt_al- Initializing the HODL: Any advise on my setup is appreciated! The current plan: 1. Remove network card in my old laptop 2. Wipe harddrive 3. Install pgp verified ubuntu via usb 4. Install electrum via usb 5. generate wallet using electrum + trezor one (with updated firmware) [is this possible or do I need trezor's offline python code?] 6. offline backup(s) of mnemonic phrase / passphrase / HW 7. handwrite xpub to my normal pc for electrum watch-only wallet and generating receive addresses 8. Possibly wipe laptop harddrive again If I understand correctly this means I have hardware wallet + Phrase backups, but no communication from any device that has private key information. I don't plan on selling for a while, so I'll solve the 'sending transactions' problem later, maybe by upgrading to a coldcard or future version - alternatively I can place back the network card into my laptop and send transactions by signing with the trezor one. (I realize in hindsight trezor one was the wrong hardware wallet to buy for my goals, but oh well...) Does anyone have recommendations to improve this plan? Thanks a lot for any help!
Started by:
ZaaaaaM7- 2
- 3
- 1 year, 1 month ago
comfyggs- Buying my first ever bitcoin to hold So I’ve bought BTC in the past but never crazy amounts just to buy some stuff but after doing math and finding out I would be a millionaire right now if I held I think it’s about time I get involved for real, I’m going to buy BTC every month with the auto buys and since there’s a dip why not start now. I’m from the uk and currently only know about coinbase but the fees are extortionate so I’m wondering if there’s a better way, cheers!
Started by:
whoppermeal21- 2
- 13
- 1 year, 1 month ago
Happy-Assistance5210- How do I teach my 87 year old grandfather crypto So I’m 20 and my grandpa is 87. He’s fought in the Korean war and he’s seen pretty much every historical event in recent history. (JFK, 9/11 etc etc). He calls me today and said a friend told him about “crympo” currency. He asked if I knew anything about it. I say yes and he asks me to come over and explain it to him. He wants to set up a crypto account for all his grandkids to have when he passes and even afterwards. So my question is how do I explain it to him so it makes sense to him. Im shocked he’s interested because people from his generation seem to think its a “get rich scheme”. Especially being black people we typically late to the party on these things. He just wants to leave as much investment and money opportunities for his grandkids as possible. So any tips,tricks,etc etc would be helpful. I only have a basic enough understanding of crypto to make myself money but idk how to explain it to a 87 year old man. So how do I get it set an account for him and how do I set it up so we can access it when he passes.
Started by:
Flashy-Junket-5155- 2
- 10
- 1 year, 1 month ago
Maxben2014- Bitcoin price is down…a great time to buy the dip…Here are a few resources to help you get started BTC price is currently seeing a dip and for many newcomers, it might be concerning to see such a price drop but this is quite normal for bitcoin to see such price swings. It is just the market correcting itself. For any asset the price cannot keep continually increasing [if it does then it's probably a scam], it needs to adjust from time to time, which is why bitcoin sees frequent price dips. As such times the best thing to do is HODL your coins or buy more, but *never panic sell*. If you are a newcomer this is a perfect time to buy some bitcoin. Top exchanges include: * Binance * Coinbase * Crypto.com * Kraken * Gemini All of the above require you to submit KYC details and are mostly centralized entities. Nowadays it is almost impossible to find an exchange that is fully decentralized, since exchanges deal with fiat money alongside crypto, regulations compel them to collect personal data. In addition, since these exchanges are custodial, they can freeze anyone's account and assets without any notice. Other options to buy bitcoin: - Decentralised Exchanges: No KYC, but liquidity may be an issue especially for certain regions. * Bisq - BTC ATM - P2P platform: Peer-2-peer platforms that connect buyers and sellers, they too require KYC. * Localbitcoins * Paxful ​ *Source:* [*Blockonomics - How to Buy BTC*](https://blog.blockonomics.co/how-to-buy-bitcoin-2020-quick-and-easy-way-to-buy-btc-in-india-usa-and-eu-ead638c29cc3)
Started by:
primalfabric- 2
- 4
- 1 year, 1 month ago
garowedre-68abe4- Owning 1 BTC by 2030 I am very new to crypto and I have bought recently bought 0.15 BTC @ an average price of $45k. The more I read about BTC and crypto the more bullish I become. I've recently stumbled on this video [https://www.youtube.com/watch?v=ZdXXeI-zi-0](https://www.youtube.com/watch?v=ZdXXeI-zi-0) **For the ppl who don't wanna watch the video:** His basic idea buy 0.22 BTC and to DCA every month a specific amount until you own 1 BTC by 2030. According to his expectations BTC should hit $1m by 2030. ​ Its a very interesting concept. What do you guys think about it?
Started by:
el7arsy- 2
- 2
- 1 year, 1 month ago
doyouneedsomewatta- Story of Bitcoin in El Salvador El Salvador: how it went with the BTC Law in 2021 El Salvador just became the first country to adopt bitcoin as legal tender. Lawmakers in the Central American country’s Congress voted by a supermajority in favor of the BTC Law. Price rose by 5% after the announcement of the law. “The purpose of this law is to regulate bitcoin as unrestricted legal tender with liberating power, unlimited in any transaction, and to any title that public or private natural or legal persons require carrying out,” the law reads. ​
Started by:
Carolina_1993- 1
- 1
- 1 year, 1 month ago
Carolina_1993- I analysed all the BTC pullbacks of the past 15 months I analysed all the pullbacks from ATH's to local bottoms of the past 15 months and figured out that the current pullback, about 38% from BTC's latest ATH is quite a normal thing to happen. There have been smaller and larger pullbacks in the past but this one s fairly standard. Plus, it appears that BTC is going through a Wyckoff accumulation phase and the latest drop appears to be a test of supply whereby the price usually drops to the bottom of the trading range as set by the first selling climax which occured on 4/12/21. So following the text book and the usual patterns the price should continue to go back up again soon. [All BTC pullbacks of the past 15 months](https://preview.redd.it/oe1jbqrhj0a81.png?width=1883&format=png&auto=webp&s=41fed0480c95875a7fad794eb7def65d57902655)
Started by:
PaperProfit- 2
- 8
- 1 year, 1 month ago
50mm-f2- You must be logged in to create new topics.
