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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
Title says it all, with the looming possibility of a market crash and bitcoin on the rise I wanted to move some funds out of savings and into bitcoin as an investment. I’ve heard rumors of a dip soon in bitcoin before it skyrockets, should I wait for a dip, buy now, etc. Just looking for some thoughts on the matter from those who are more experienced and the long term holder who see patterns and buy more frequently.
First Mover: As Fed Nears Inflation Rubicon, Analysts See $50K Bitcoin in Play The Federal Reserve appears ready to pursue yet another untested strategy that could ultimately boost inflation – and possibly prices for bitcoin.
First Mover: As Fed Nears Inflation Rubicon, Analysts See $50K Bitcoin in Play The Federal Reserve appears ready to pursue yet another untested strategy that could ultimately boost inflation – and possibly prices for bitcoin. (x-post from /r/Bitcoin)
I’m 1/mo into playing this wonderful drug of a game and curious what the past GPU prices have been like? Would it be wiser to wait for GPU prices to drop or does it look like they’re here to stay? I assume they’ll drop over time as people upgrade their hideouts. Any thoughts welcome thx!!
"Different types of people will pay successively higher prices for Bitcoin; skeptics will overcome their objections first, then the cynics, and then the haters. And the haters will end up paying the highest price."
Litecoin price rise (or also price fall) that isnt correlated immediately with bitcoin may foreshadow an influenced price for bitcoin.
Approx march 15th 2019 litecoin rises in price. Bitcoin followed to rise roughly one week later. It happened a few times again in April, May, and June in 2019. Its also reflected the falling of a price as well before bitcoin would tank. Alessio Rastini has talked about this in some of his videos. Below is a link of one his videos. https://youtu.be/sOGhfLXnJbw Just an interesting observation considering that Litecoin is sometimes a test subject for some of bitcoins protocols.
I have been a bitcoin holdeuseadvocate for some time...I love the anonymity, simplicity of management and control it gives you compared to relying on banks/cards/e-wallets. When it rose to $2500 ish last year I gave everyone who works for me a bitcoin - on the proviso that if they sold it they first paid back my $2500. They’re still up at this price, and it would seem to be a fair and rational degree of growth for a year and a half. If it drops to $2500 no biggie...much beyond that, ok I would be surprised. Anyway...it’s still great. Scaling and usability need solutions but it’s still great and it still works. Hang in there people and enjoy the ride!
John Pfeffer is a partner at London-based family office Pfeffer Capital. He’s set a bold price target for Bitcoin of $700,000—about 175 times the current Bitcoin price of nearly $4,000. Pfeffer said that Bitcoin is the world’s first viable replacement for gold. If you recall Bitcoin was worth nearly $20,000 in 16th December 2017. But in 17th December 2018, the price of Bitcoin was at its low of about $3,200. Bitcoin is a highly volatile asset class and requires a high risk appetite. As much as Bitcoin is a digital gold, it has only been around for about 10 years. Up 5%: Bitcoin Sees Biggest Single-Day Price Gain for 2 Months Omkar Godbole Sep 25, 2020 Bitcoin is eyeing a bull revival above the psychological resistance of $11,000, but a strengthening dollar ... What Is Bitcoin (BTC)? Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto.It was launched soon after, in January 2009. Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to ... Bitcoin Price Today. Die-hard BTC supporters believe that bitcoin is the future; we are just scratching the surface. Considering the continuous rise of bitcoin in the market capitalization, it is one investment every investor needs to take advantage of it. The current market capitalization of bitcoin stands at an all-time high of $109 billion.
The Bitcoin Halving 2020 is happening in 2 days! The Bitcoin halving event happens essentially once every 4 years, so this is a topic that needs to be discus... The market returned to the average price area tonight. Will the bears be able to increase the onslaught? BTC / USD Yesterday buyers failed to increase volume... HI ALL Bitcoin traders and holders! Bitcoin chart shows something incredible today. I'll explain you exactly where the Bitcoin price is going right now and w... Last year, my 2019 Bitcoin price prediction video was seen as “controversial”. I think it held up pretty well. In THIS video I give my prediction and reasoni... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.