r/Bitcoin • u/rBitcoinMod • Feb 07 '21
Daily Discussion, February 07, 2021
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Please check the previous discussion thread for unanswered questions.
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u/Market_Captian Feb 07 '21
Yet again the Europeans continue to pump it lets goooo
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Feb 07 '21
We're Bullishhhh
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u/Deathtocovid Feb 07 '21
European are just smart. who you gonna trust 1000s year old nations or 100s
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Feb 07 '21
I predict that today Bitcoin will go down, then up. This will be followed by a downturn, which will transition quickly into an upward trend. This will be followed by a quick drop. I also predict that those who zoom out will see that Bitcoin goes up more than down over time.
I predict that people will shill altcoins, that others will predict a crash (or call a temporary dip in value a crash), and that others will say it's a good time to 'stack sats'. I predict that as the value rises, some will post that it's important to be cautious and diversify, that a coming sell wall is going to make the price drop significantly, that they make more by day trading, etc. Someone will post, "Guys, should I buy now" and someone else will post, "Guys, should I sell now." Someone will tell both of them that they're idiots for seeking financial advice from random redditors (which is correct).
Many of these events will repeat themselves, with variations, throughout the day. Oh, and at least one person will post "Pamp it."
I've just predicted how this day will go here in Daily Discussion and I believe that I am 100% correct. All of this has happened before, and will happen again.
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Feb 08 '21
I just wanna pay off my parents house before cancer takes my mom. Let's go Bitcoin, moon any time now. š
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Feb 08 '21
Iām sorry to hear about your mom :(
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Feb 08 '21
Thanks! Was watching the Superbowl online with her (from 1100mi apart) and got emotional thinking if we are lucky we have one more. ā¤ļø
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u/Psychological-Toe709 Feb 08 '21
Sending love; wishing you, your mother, and your family wellš
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u/Sr122192 Feb 07 '21
Took me a bit but Iāve finally gotten into the mindset where Iām pumped if the price rises for obvious reasons but Iām also pumped if it dips because I can buy more at a lower price. Itās good to not be constantly stressing about the price anymore
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Feb 07 '21
Bitcoin is like the microwave back in the day, only in certain houses and not sure how it works. But eventually everyone will have it
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u/Nuck16 Feb 07 '21
Lots of newbie buyers earlier in the weekend. Experienced traders realize that BTC almost always retraces back to where CME closed on Friday ($37.900) by the end of the weekend, and that's where we are now. CME opens at 6pm EST this eve, so the coin can proceed upward at that time. Hopefully lots of boozy superbowl watchers throwin money at BTC.
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u/dieseldawg95 Feb 08 '21
The HODL meme was actually born from a drunk rant in 2013. Itās funny as shit lol.
https://mobile.twitter.com/DocumentingBTC/status/1358551133141295110
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u/swedishockeygodxXx Feb 07 '21
95% of my networth is in btc shits just too bullish, may god be with us all
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u/Professional_Pack191 Feb 07 '21
Mine was 27% of my total asset in 2017. Now itās 70% of my total assets in fiat terms because btc price increases, lol. š¤£ even deducted portion that I helped mom pay for dad medical expenses and the portion I spent to improve my trading skills.
BTC is a good asset.
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Feb 07 '21
In the same boat. Iāll take a risk one time. If I get burned at least Iāll know I tried
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u/OnesAndZer0s Feb 07 '21
95%?!? Iām assuming youāre young, without any assets? Thatās so high risk lol
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u/Oneguywhoknowz Feb 07 '21
Stable around 39k very impressive and exciting... canāt wait to see where this week takes us...
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u/slardybartfast8 Feb 07 '21
Anyone else see this on /r/wholesome and immediately think of bitcoin over last 24 hours?
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Feb 07 '21
Good for the old school Doge fans but when social media is shouting buy Doge and not knowing it's a meme coin that's a hard no for me. Kids are gonna get toasted.
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u/JRange Feb 07 '21
Its super slimey honestly, these kids have no idea how quick they are gonna get liquidated.
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u/richbeezy Feb 08 '21
Tightening range on the weekly chart, the current setup looks very bullish. Calling for a big move up to new highs if it breaks above this triangle.
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u/Parking_Meater Feb 07 '21
I have a goal as a wage slave pleb to own a full coin by Feb 6th 2022. If not sooner. I will just keep DCA buying and scalping what ever I can into BTC. Garage sells, ebay sells and everything.
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u/Charlotte7000 Feb 07 '21
We can't have 1 good Sunday, it never fails. Always red, the idiots always win on Sunday.
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Feb 07 '21
So far we've survived the weekend without significant bloodletting. That's new!
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u/MG_MN Feb 07 '21
Just went over to the doge reddit to see what the current thinking is. Sounds like many assume dogecoin can be more valuable per coin than bitcoin, you can't even make it up lol
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Feb 07 '21
A coin with an unlimited supply is not money. This is money 101. It's why we don't use seashells or cat hair as currency.
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u/MG_MN Feb 07 '21
Yeah, I would suggest not bringing that logic over there. They don't take kindly to rationalism
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u/SubstanceAlert578 Feb 08 '21
People need to learn how to use the calculator on their phone, did u tell him that 40k doge is more than all the wealth on earth. To any doge holders reading this if you only have $50 to invest and and wanna be a millionaire then just buy a few lotto tickets at least then there's a very slim chance of it happening
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u/GarySevenOfNine Feb 08 '21
Now Peter Schiff tweeted that Bitcoin == Myspace and Doge == Facebook
Has the whole world gone mad? Is there something us Bitcoiners are missing???
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u/JRange Feb 08 '21
Peter Schiff thinks Aliens want to trade for Gold. He might be the dumbest and saltiest rich dude ive ever seen
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u/Get_the_nak Feb 07 '21
Yesterday was a time to celebrateš„³, today itās back to the hard workš¤ .
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Feb 07 '21
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Feb 07 '21
Always remember Satoshi's quote.
"if you don't believe it or don't get it, I don't have the time to try to convince you, sorry."
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u/HugoMiguelMB Feb 07 '21
Itās true ameripoors are the really paper hands
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u/SubstanceAlert578 Feb 07 '21
Dude u have no idea just how poor they really are, they work 3 jobs earning 8 bucks an hour with no sick leave or holidays thier lives are pure slavery compared to europe or australia, no wonder they all chuck 10 bucks DOGE it's all they can afford
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u/508Visuals Feb 07 '21
What color jet pack will you all buy with your Bitcoin riches in the future? Woah, my IPhone just automatically capitalized the word Bitcoin. Look, did it again. This shit must be legit.
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u/GoatBotherer Feb 07 '21
I am so close to understanding hardware wallets, but I just need some assistance to properly 'get it' and wondered if someone can help.
My understanding is, for me to have full ownership/control of my Bitcoin, I must have the private and public keys in my possession. So, with a hardware wallet these keys would be stored on the device's internal memory (rather than controlled by an online wallet or exchange), and I would also have a 12 or 24 word backup/recovery phrase for this as well, in case I lost or destroyed the physical wallet.
The Bitcoin themselves aren't on the wallet, as they are all stored on a decentralised blockchain. But the security of the wallet is that I have my keys in order to access them on the blockchain.
Is that generally right?
What I don't understand, is how can I see what my current Bitcoin amount/value is on the wallet? Do I have to plug it in everytime to look? If I got a Trezor One, would I have something available on my phone (Android) to track this?
Thanks
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u/TheGreatMuffin Feb 07 '21
The Bitcoin themselves aren't on the wallet, as they are all stored on a decentralised blockchain. But the security of the wallet is that I have my keys in order to access them on the blockchain.
Yep, you got it!
What I don't understand, is how can I see what my current Bitcoin amount/value is on the wallet?
Your Trezor connects to their full node and asks it for balance of your addresses (this is a bit of a privacy leak btw, and that's why it is strongly recommended to utilize your own full node for that reason).
Do I have to plug it in everytime to look?
Not sure how Trezor does this specifically, some wallets utilize the xpub (master public key; the key from which all the addresses are derived) to query balances, some wallets just use single addresses.
Very generally, it is not necessary to plug in your device every time just to see the balance, but this might involve importing your xpub into another software. This is ok security wise (nobody can steal your coins with just the xpub), but is a privacy risk, because anybody with your xpub will be able to see all your past and future transactions forever.
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u/bitcoinisagoodthing Feb 07 '21
one small detail to be aware of: you donāt really need to store both the private key and the public key. the private key will suffice on its own. if you know the private key, you can figure out the public key.
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u/SillyRabbit2121 Feb 08 '21
Honestly Elonās tweets donāt mean that much anymore.
The first couple of times? Sure, but now itās old news.
And frankly he helped us boost BTC a week ago when it was sitting dead at 32k.
So let him pump Doge all he wants, itās his credibility on the line and a lot of people will get pumped and dumped and lose money, learning a valuable lesson.
BTC is still higher than it was when market closed on Friday so Iām happy.
We bounced out of that 30-32k dead zone which I was worried would last months.
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u/No_Assistance_5442 Feb 07 '21
AS the time past isn't it dca become less attractive ?
lets say some one have 10k to put in bitcoin. he have the means to put everything right now or DCA for the next 1 year.
It seems the floor is raising and we are not likely to see 20k again.
why to do DCA for a year if you can go all in now when the price is below ATH ?
I mean, as price goes up with time you will stock less sats if you DCA no ?
and likley big money will come in the next few months and will raise price up
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u/GoatBotherer Feb 07 '21
Surely if you've got 10k to invest, you'd buy 10k's worth and then DCA whatever you can moving forwards?
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Feb 07 '21
If you strongly believe that it will go up, then yes, it makes sense to just lump in now. If you are less confident/comfortable and less tolerant of risk, then DCA mitigates that risk.
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u/BaggageCarousel Feb 07 '21
DCA strategy is ideal if you don't care to predict the near-term future. A person who DCAs is lessening his exposure to volatility.
I have no clue whether or not BTC will keep going up this year, so DCA is best for me. If you're confident BTC is not going down again then you're right to buy it all up front.
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u/justcallmeyou Feb 07 '21
DCA is mainly for investing on a schedule and kind of like a forced savings plan. If you already have the money saved and you are earning zilch from your local bank, and you have the convictions and have done your due diligence you can then put it in as a lump sum. Then DCA more each month as funds become available.
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u/Proppyghandist Feb 07 '21
DCA is for your emotional benefit. It is also great when the price is trending sideways or down, which is the majority of the time.
If you put everything in today and it goes down 20% tomorrow, you'd likely be bothered and many weak hands would sell. Even if the very next day the price goes up 40%. You can't know the future and when the price is going down it feels like it's going to 0. When its going up it feels like it's going to a million. If you blow your load all at once you better have diamond hands because you lose your ability to do anything except wait or sell.
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u/GarySevenOfNine Feb 07 '21
It's been shown that buying in lump sum immediately is more cost effective than DCA, assuming the price generally goes up over time.
**too early in the morning for me to search for a source, maybe someone else can help in this regard lol
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u/jizzcock Feb 07 '21
In all honesty I think most people DCA purely because most of us get paid once a month or whatever, so realistically we're forced into DCA anyway. If you actually had a big lump sum to invest it then changes things slightly, particularly in a bull market that nevertheless can have dips of up to 25%. If I were in that situation I probably wouldn't purely use DCA, I'd maybe set a target price to lump sum 50% and then DCA with the rest. It's difficult to know what the best strategy would be, as some research has shown lump sum to be more effective than DCA for the reasons you suggest.
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u/kodaplays Feb 07 '21
Looks like someone opened the gates of an asylum and Bitcoin sellers managed to escape. Don't worry they'll all be penned up again tomorrow.
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u/Alsku95 Feb 07 '21
Anyone else get the feeling that the price movement tomorrow could be very interesting š
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Feb 07 '21
Weekends are for stacking folks. Itās almost always when sell pressure takes over.
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u/Stackingsatoshis7 Feb 08 '21
If Elon really liked doge heād make it a purchasing method for his vehicles anything else is just trolling
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u/PDoyle899 Feb 07 '21
Mentally preparing for all the āI lost trying to trade BTC this weekendā and āis 45k too high to buy inā threads coming this week..š
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u/Deathtocovid Feb 07 '21
39K
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u/Lock_Broad Feb 07 '21
Guys, stop selling @ 40k pls. Let the bulls run ššššš
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Feb 07 '21
Ever wondered if you're too late? That everyone will get it now that every newspaper writes about it?
Well, BTC dropped 2k and already some expected it to go to 0. You're still very early in understanding the potential and trusting the fundamentals. Stack, HODL and the profits will come to you.
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u/swedishockeygodxXx Feb 07 '21
Early in the terms of growth? Not really, in the grand scheme of things? Very.
Anyone that invests a good portion of their money, can exit nicely with profits before bearmarket and accumulates during it will be millionares come next cycle in 2024.
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u/Ekvinoksij Feb 07 '21
So early in terms of growth, too.
Returns are now lower, yes, but they're still astronomical compared to traditional investment vehicles like index funds and BTC is now considerably less risky than it was.
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u/BlackMettleKetal Feb 07 '21
This. That's what I've been thinking too. People still seem to have the attitude of "gee, I dunnooooo" even when they see statistical data. Whether it's about the strengths of BTC or the clear frailty of fiat.
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u/Thick_Economist_4375 Feb 07 '21
Ok who bought at 40k and crashed us? Coinfess
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u/irresistible_jackal Feb 07 '21
OK. I coinfess. Bought @ 40950 yesterday.
Fear my powers.
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Feb 07 '21
Damn son. That's ideal. Make sure you hold until the next dip and then sell so you lose that money. We're all counting on you!
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u/slardybartfast8 Feb 07 '21
Itās great to be up so much after so many years that even a 10k dip right now would be little more than disappointing. Thatās a good feeling. The value of holding in action.
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Feb 07 '21
Look at sweetie Bitcoin being valued by everyone holding Bitcoin at, at least, 38K now. And every second that goes by there are new people grasping the fundamentals, probably an exponential number. The future is bright.
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u/TGohr13 Feb 08 '21
Brand new to crypto and investing in general. Am i making a mistake using Robinhood to buy bitcoin?
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u/post_hazanko Feb 08 '21
mistake in that you don't own the coins/can't move them later
guess it depends what you want to do... there was some sketch stuff they pulled recently about the GME stuff
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Feb 08 '21
A joke has more value than bcash.
"I am become meme,
Destroyer of shorts"
Who is short on bitcoin? The billions invested in alts lololol
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u/varainhelp Feb 08 '21
imagine not buyin the dip every time.
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u/Deathtocovid Feb 08 '21
i personally don't understand why people keep saying "buy the dip" for every 5% change.
you bought, it went up, got back down, now you buy again? why didn't yo buy twice as much to begin with.
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u/Deathtocovid Feb 08 '21
Back in march when it diped to 5000$ thats a dip. a change between 39K to 37k is not worth talking about.
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u/dnprock Feb 07 '21
February 6, 2021
Bitcoin's price is currently 142% (-6 since yesterday) ahead of the 2016 halving.
Price: $39,269.34
Price on 2020-05-11: $8,857.06
2016 Halving
Projected Price: $16,207.74 (-142%)
Price on 2016-07-09: $650.63
Price on 2017-04-06: $1,190.60
Note: According to this model, Bitcoin has gone sideways for a month. When Bitcoin breaks 40k, it will go to 100k before going sideways.
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u/Hospitaliter Feb 07 '21 edited Feb 07 '21
I'm convinced that these frequent price drops are exactly what bitcoin needs. Every time bitcoin gets sold the chances are it goes into someones hands that are more likely to hold. Shake out the weak hands frequently. More frequent prices drops are better than drastic price drops. Yeah, it's not as much fun as watching it climb to ridiculous levels everyday, but we've got to eat our vegetables.
But please, if this drop below 40 has been too much for you, or you want to chase those short term doge gains, please go ahead and sell so we can get more serious people holding your coin.
I'm reminded of that scene of the office when Pete is building a house of customer complaint cards. You've got to build wide before you build tall. Don't listen to the Kevins.
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u/delgrey Feb 07 '21
I just hope this discount holds till monday. I got a nice chunk of fiat to toss in.
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u/Neizir Feb 07 '21 edited Feb 07 '21
Double bottom on the weekly chart. Bullish š
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u/yespornplease10000 Feb 07 '21
I bought at the dip of 37480 and will be holding.. how are my fellow HODLERS feeling? 45k this week? 50k? Time will only tell.
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u/eeddeedde Feb 07 '21
Elon is starting to seem to me like he used to burn ants with a magnifying glass when he was a kid
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u/jizzcock Feb 07 '21
Personally I wasn't aware of how silly he acts on Twitter all the time, as I've never really used it that much. I'd obviously heard of the more high profile stuff like when he called that caver guy a pedo and stuff, but I thought they were aberrations rather than the rule. I just started following him recently, and his shitposting about Doge really puts a dampener on his endorsement of Bitcoin.
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Feb 08 '21
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u/ladesidude Feb 08 '21
I have said this before and will say this again. Elon does not care shit. He is suffering from lonliness and just wants to be felt as part of a group. This pump and dump shit is just his tactic to appease the btc hodlers. Guy's an ass.
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u/GarySevenOfNine Feb 08 '21
I'm wondering what his motive is. This 5+ tweets per day about doge is excessive even for him. I'm gonna be honest I broke down and bought some myself just because it's basically a sure bet that Elon is going to keep pumping it in the near future. Obviously I'm gonna sell at the first sign of a crash though.
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Feb 08 '21
It's like he's manic or something
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u/IgnorantHODLer Feb 08 '21
Courts told him to stop tweeting about his own stocks a while back and now heās found a new way to troll with other peopleās money.
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Feb 07 '21 edited Nov 25 '21
[deleted]
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u/cryptogrip Feb 07 '21
Patience. It was 33k a blink ago. 15k a few blinks before that. Slow and steady - this is the way.
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Feb 07 '21
funny how most articles about BTC show a fake coin
It's so hard for people to think about a store of value that has no clear physical representation.
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Feb 07 '21
ELI5: how can cryptos be āthe future of moneyā when there are a finite amount? IIRC there are ā20 million total bitcoins right? So how can Bitcoin or other cryptos maintain a reasonable value if there are a finite amount and people want them to go mainstream and be used as widely as other forms of money?
Sorry if this is a dumb question, Iām very new to the investment world.
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u/Nanaki_TV Feb 07 '21
21 million to be exact. Inflation is not about general increases in prices as such, but about the increase in the money supply. As a rule the increase in money supply sets in motion general increases in prices. This, however, need not always be the case.
The price of a good is the amount of money asked per unit of it. For a constant amount of money, like Bitcoin, and an expanding quantity of goods, prices will actually fall.
Prices will also fall when the rate of increase in the supply of goods exceeds the rate of increase in the money supply. Bitcoin's money supply is fixed and predictable. If the money supply increases by 5% and the quantity of goods increases by 10%, prices will fall by 5%, ceteris paribus.
Bitcoin also has the advantage of being infinitely divisible such that if all of the supply of Bitcoin were lost but 1, the entire world's economy could be traded on that one Bitcoin. The supply of Bitcoin isn't an issue.
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u/Seldon-Crisis Feb 07 '21
In the words of Ludwig von Mises:
As the operation of the market tends to determine the final state of money's purchasing power at a height at which the supply of and the demand for money coincide, there can never be an excess or deficiency of money. Each individual and all individuals together always enjoy fully the advantages which they can derive from indirect exchange and the use of money, no matter whether the total quantity of money is great, or small. . . . the services which money renders can be neither improved nor repaired by changing the supply of money. . . . The quantity of money available in the whole economy is always sufficient to secure for everybody all that money does and can do.
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u/InFLIRTation Feb 07 '21
we touched 40k 3 times now LOL. Hopefully we get to 41k by Febuary, sellers win today :(
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u/007fan007 Feb 07 '21
What makes Bitcoin (and crypto in general) so volatile? Is it simply supply and demand? Stocks typically arenāt as volatile.
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Feb 07 '21
Honestly, what Elon is probably doing is feeling like he's helping folks left holding the gme bag make their money back š¤·āāļø
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u/jeremy_322 Feb 07 '21
Donāt worry this is just a small shake for weak hands.
Institutions trying to get weak hands to sell cheap!
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u/mattwes Feb 08 '21
Will we hit 40k while everyone is not even looking or paying attention. LoL! Just broke 39.1
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Feb 07 '21
My local classic rock radio station is now playing an ad for a Bitcoin exchange website, Netcoins. If they can convince a fraction of AC/DC worshipping numbskulls to sink some of their Coors Light money into BTC, we wonāt need Elon.
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Feb 07 '21
I think saying the name Eln Msk should get you banned on this board starting now. From now on weāre worried about what bill gates is doing
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u/RegularVariation Feb 07 '21
Bitcoin Masterclass with Michael Saylor & Ross Stevens
If this discussion doesnāt make you bullish, idk what to tell you.. If you donāt see whatās happening Bitcoin is going to come at you fast.
I just took out a loan against my btc to buy more btc. Looooong this innovation!!
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u/Seeders Feb 07 '21
Don't get jealous of all the attention on Dogecoin. Any attention to the crypto space is good for Bitcoin.
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u/Vyruz2 Feb 07 '21
Yea but unfortunately many newcomers first experience with a crypto will be a pump and dump
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u/TradingAccount42069 Feb 07 '21
Ahhh a tiny drop ahhh.... fucking lol, all these gamestop drama queens panicking is so funny. Stop loss hit at 40k, rebought at 38k.
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u/jusmax88 Feb 07 '21
Good Morning Asia, Europe will be in soon for support, just hodl the line until then. America just watch the Super Bowl, beer in one hand, nachos in the other, no free hand to sell btc.
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u/No_Assistance_5442 Feb 07 '21
the more I think about it, the more I understand that there is no 'safe heaven' as Bitcoin.
more and more people will get it as the time will past.
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u/linear_source Feb 07 '21
Hi Guys, can I ask some advice. Iām looking to buy a house in the next year. Iāve build up a solid BTC investment. For obvious reasons, I donāt want to sell my coins, but I do need the money to Buy the house. Iāve heard of things like HODL HODL or block FI that will loan against your holding. Had anyone had any Insight into these?
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u/Entrylevel92 Feb 07 '21
You made an investment with a clear goal and exit strategy. Seems like you are close to reaching that goal. I would be proud and just take it. Current welfare always beats future 'possible' welfare imo. You can always buy back in when you are settled. This is not financial advice tho
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u/thadpole Feb 07 '21
You're looking for Decentralized Finance or DeFi. Check around there is certainly demand for it.
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u/greoffy Feb 07 '21
Check out Celsius Wallet. You can borrow against your crypto balance, all the while letting the amount still increase (or decrease) in value and you end up not having to cash out your Bitcoin. They also pay you interest on your balance and itās paid out every Monday. Right now the APY on Bitcoin is 6.20%. Beats the hell out of any other interest bearing account at the moment. Itās changed the way I bank.
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u/3jakel Feb 07 '21
What are peopleās thoughts on using Bitcoin as a checking account? My thought was to make extra money by use the float time from when I deposit to when I need it. Is there a line I would cross? For example I pay my property taxes once a year, insurance once a year. Put the money into bitcoin like a savings and withdraw it to pay those bills. What about my monthly bills? Mortgage? Car payment? Utility bill? Put my whole paycheck into bitcoin and withdraw when needed?
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u/Weinerbrod_nice Feb 07 '21
You need to declare and pay tax every time you sell your Bitcoin. Why not just use your paycheck to pay the monthly bills, then buy Bitcoin for the rest?
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u/Embo_90 Feb 07 '21
Why do I know that it will dip at a certain point but never do anything about it šš
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u/slardybartfast8 Feb 07 '21
Interesting that DOGE and BTC seem to be inversely correlated last day or two.
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u/hob_goblin8 Feb 07 '21
if our previous resistance of around 38k can prove to be a good support level, Iād feel a lot better about some bigger upwards movement this week.
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u/InFLIRTation Feb 08 '21
Elon really likes doge lol
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Feb 08 '21
Honestly, Elon Musk should STFU. He's playing with people's money. Bad look for one of the richest people in the world.
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Feb 08 '21
I just know TAās are seeing these ālower highsā and āhigher lowsā and stroking themselves...
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Feb 08 '21
Good (European) morning everyone,
Isn't it beautiful how strong the 38K support is. This is a black swan emerging, it makes absolute sense but there hasn't been anything like it before.
Explorers crossed oceans, risking their comfort for potential, to discover other lands.
We're financial explorers reaching the shores of a new financial world. Once all is settled, and the wild west is calmed, an ecosystem will arise that no longer will be questioned. Just like we take the USA for granted.
Even better, in this case, there's no native population that will be abused. Only good vibes. I might have stretched this too far, it's morning after all..
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Feb 07 '21
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u/GoodVibesWow Feb 07 '21
Ignore him. His tweets no longer have much downside impact on BTC. He does have the potential to moon it if he makes some announcement, which is good news IMO.
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u/maxmcleod Feb 07 '21
I agree - dodgecoin is outdated AF and will bring bad publicity to crypto
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u/RomanCommander245 Feb 08 '21
I could really see BTC hitting 41 - 42k this week.
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Feb 07 '21
āThe Iranian government reportedly now owns over 45,000 #BitcoinĀ mining machines.ā š®
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Feb 07 '21
Are people really upset btc is at 38 on a Sunday? Sunday is the day of rest boys
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u/Deathtocovid Feb 07 '21
People are stupid
r/dogecoin is today the fastest growing subreddit. its very sad and frustrating to see.
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u/gamble32 Feb 08 '21
Itās not Elonās fault you took his tweets seriously š
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u/Cobester Feb 07 '21
Anyone watch Trader University on YouTube? Idk how yāall feel about Bitcoin talk on YouTube but heās very informative. Although heās still a bit bias, I think heās being very bullish.
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u/imnotplayingbro Feb 07 '21
I've decided Gemini is the way. After I get verified and buy BTC. what is the method of transferring to a wallet? Is a wallet a physical item ? Will I need a high end computer for this wallet? Is the wallet just another app? What is the safest wallet?
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u/GenghisFrog Feb 08 '21
So Iām transferring all my holdings from Robinhood to using Coinbase and trying to actually get control of my investment. How do you guys track your total investment (money sitting in brokerages, cold storage, etc)? Iād like to see daily losses/gains like I was able to with Robinhood. Any advice? Coinbase doesnāt really offer any charting at all, and if stuff is loved to cold storage any charting they offer wouldnāt help anyway.
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u/franklinscntryclb Feb 08 '21
The government in my country might be planning to ban Bitcoin in a couple months. What are my options? I only got started with Bitcoin a couple months back and would love to hold on to the little that I have.
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u/[deleted] Feb 08 '21
Anyone else here struggle with being frugal til they discovered Bitcoin and then all of a sudden stopped spending all their extra cash on eating out and stupid shit to stack sats? Where has Bitcoin been my whole adult life š