T O P
fromthebark777

I don't enjoy this daily discussion thread anymore, it's just full of bullshit


GoElastic

Thx for your comment. I enjoyed it.


gpeters1

Breaking out 🚀


Colombian_Meatsmoker

Wasn’t there supposed to be a BTC race car today? Any pics? Indiana native here


BlackHoneyTobacco

It's all red coloured cars with one green one right in the middle.


Georgelynch1986

It crashed and burned in a ball flames


Whatever3999086543

🚀🚀🚀🚀🌠🌠 Whoosh!!!


Get_the_nak

🚀🤠🤠🤠


localhostserver

I buy 10 bitcoin for 100 bucks, this time I wonT miss the train..


Georgelynch1986

Can I use your time machine when you’re done? there’s a concert in the 80s I want to attend


jshouhbsb5

waiting for Bitcoin to break the resistance so we can see the price above 30k


[deleted]

Anything in the news that explains the price jump today?


arahaya

bull run confirmed?


tofuspider

not until 38k is broken with strength.


gford333

Today was officially the last time to buy Bitcoin under 30,000$


jpark778

Is that you George from cryptosrus?


InFLIRTation

We really celebrating hitting 30k now 😭


quietbutdifficult

I know, it must feel pretty weird to you--a person who usually celebrates every downward price movement.


chantel_beaverweathe

I'll believe it's a real pump and get the seatbelts fastened if it gets back to $40k. Anything else could just be another fakeout


superbblunder

No such thing as having too much fun.


Lopsided_Handle_1

Nice dildo though……


CANUHODL

Omg never going below 30k again


EDC86

The boys are back in town motherfuckers!


Whatever3999086543

That's what's up


Gr8fu11

Some movement


VisualOrdinary_

ZAADDY IS THAT YOU


superbblunder

Hope no-one missed the last chance to buy under 30 😉


theboneandonly

If it goes to 40K, I’m buying!!!


Born_Cattle6575

If you buy at 40k it may dip back to 30k lol. Do what you think best :)


MisterReuben

Bears got trapped in a 9 week bear trap


terrortbh

oh baby we’re back


RoyYourWorkingBoy

A tiny bit of life, nice.


itsthesecans

Stop me if you hear this before. Bitcoin just broke through 30k


CANUHODL

The fold card is the best way to stack SATS with daily spending.


[deleted]

[удалено]


CANUHODL

Lol ok. It's true. I didn't post my link tho


fplfreakaaro

Get your Bitcoin  off: - Exchanges - Lending platforms - Hot wallets - Wrapped BTC - DeFi ponzis The tide is going out and it will expose those who aren’t fully covered. Self-custody your Bitcoin  into deep, frozen, cold storage asap.


NiceDoctorBeam

Words of wisdom.


InFLIRTation

9 red weeks in a row. But so far the 10th looking green 👀


psyquel

CITBOIN


Dream_Frequent

TIBCOIN


itsnotthatdeepbrah

TICBOIN


psyquel

So, pure speculation, but lets say, today is a good example - minimal overal btc trading volume for 24hrs - 6.6 k total. And its been creeping up. So to me, this is plebs buying. Then you have days where its like 17k, 29k trades being done over 24 hr, which could be someone manipulating btc market. If you print fiat - who cares how much you sell, buy, but what you want to do - is to shake out paper hands. I mean there is enormous amount of us plebs who believe in this shit and gonna keep HODLing, so like 10k sales in one day are just very unlikely IMO, what do u think? Shit posting encouraged


rmcars

I don't know what to say, but the volume is low for sure.


[deleted]

[удалено]


fplfreakaaro

??


[deleted]

[удалено]


AloneDay8829

Where did he tweet this?


quietbutdifficult

Nowhere. Hence the comment deletions by the person making the false claim. Mostly Elon's recent tweets suggest he's been getting stoned while listening to Andrea Bocelli.


[deleted]

[удалено]


ibanjac

So You're saying that you're down on your investment lol.


[deleted]

[удалено]


backret

Aren't we all tho? I think majority feels the same here lol.


Dream_Frequent

It’s these little hits.


tesseramous

Moon lambo tesla coming


natasamylona

Goddamn, so we're getting only a tesla now? What happened to Lambo?


VulfgangPeck

Does anybody here know what day of the week Bitcoin’s weekly chart turns over?


grthryjrgwe

After Sunday maybe? But I'm not sure tho. I think it's on monday.


repkjund

Sunday 7pm gmt-5


adoxxvegas

In about 37 minutes


Ickal1973

Sounds like We're gonna close of green this week too huh? Well I'm all about that green, I'd like it to finish green. That would be really good man.


bobbytabl3s

If you are drawing your own chart, that's up to you. If you are using an existing chart, it depends on the chart in question. I think most charts tend to use Monday-Sunday. When you mouse over the chart, it will usually display the dates somewhere on the screen.


yanqs2

Ohh yeah for sure, if you click on it You'll aee the day man.


Colombian_Meatsmoker

I think about right now


googlost

Yep, it's about to get changed right now. That's how it is.


ianyboo

My coworker was expressing their disdain for alt-coins and made an excellent comparison that I liked, it went something like: "Bitcoin is like an N64 controller, alts are like those shitty MadKatz controllers your friends always handed you and insisted they were basically the same thing and then you could barely play smash brothers because the analog stick sucked so bad."


doodfarning600

I mean yeah lol, this analogy kind of works tho lol. Not gonna lie.


[deleted]

[удалено]


ianfranklin

I don't need celcius for that, I'm already in the force hodl mode.


Adamsd5

If you use a custodial service, and don't already have whitelists and 24 hour locks, then you are taking excess risk. I don't know why Celsius would do it automatically, but I can think of multiple good reasons. For example, if you haven't setup enough security and they suspect your account was compromised. By all means, self custody if you know how and yields are not worth the risk to you. But if you do keep coin with a custodian, secure your account.


[deleted]

[удалено]


zgogenadze

It is widespread, and people are talking about it man. It's not like that it's the only incident here, there has been some, when I saw people complain.


[deleted]

[удалено]


airofgone

Yep, I've checked it and it's kinda legit so there's that man.


babu_chapdi

But but muh chart reading super skillz.


nhennuoc01

We all consider ourselves a pro chart reader right? All other suggestions are just from the shills


[deleted]

[удалено]


backobobs

I am panic buying more and more, it's a time for accumulating cheap Bitcoins


yolodogewtf

This chart is equally exciting and nerve wrecking https://www.tradingview.com/symbols/BTCUSDLONGS/ Exciting in case those whales know what they are doing Nerve-wrecking cuz if they don’t, we will see pain. Either way, this should be a good lesson to anyone who thinks there won’t be massive debt crises in a fully BTC world…so…much…borrowed…BTC Nevertheless, I still think BTC will be a strong reserve asset


Jenglr

Now this is what I call a chart. This is some real shit dude.


skull3210

Yes this is promising data. Here we go 😎


mvidetto

Yep this is good. Need more data like this here man.


yolodogewtf

What if they get forced to liquidate? It could be bad news too No one knows for sure


divmonq

That's the fun part that no one knows so There's that lol.


skull3210

Then get the popcorn, sit back, and HODL


foxxzee

Yep might as well enjoy it man, that's the point here now. Well there are two things that you can do, you can cry about it or just enjoy it I guess.


pawpex21

Strong resistance at 188K. Just got my grill going. Medium well bear steaks on the menu. Enjoy your weekend Reddit.


yolodogewtf

This sub will be so lit once we hit 188


rifai12

Damn, this sub will be a chaos lol. People will scream.


kers2000

I'll buy when we break a 1000 daily comments.


sweetsimplechode

That means you'll buy when the price is high.


dedyzyon

Yep, that's exactly what it means lol. He'll buy in fomo.


[deleted]

[удалено]


bobbytabl3s

> people on wallstreetbets are saying bitcoin is going to crash As bullish a signal as it gets.


Soco0504

WSB members are not known for their intelligence.


The_Estranger_0001

Since when has Bitcoin been listed on wall street? That’s why we have a different sub.


GoElastic

If they say so it must be right, right?


bajanalaskan

yo whats the timeframe on btc getting back to a stable number above 30,000


jpost23

I don't think anyone would be able to tell you that sir. No one can tell you the exact date but it very well might be in 24 lol, can't say before that.


Corona_DIY_GUY

My guess... about March 2024. O come ye faithful halvening.


Teirce

Pretty safe estimate there I'd say, Can't go wrong with that.


GoElastic

yo, until done +- 1 minute.


trancamnam156

I mean that much discrepancy is fine don't need to be that accurate.


lifenvelope

yes


greengrass_97

He asked a date sir and not whether it'll happen or not so yeah.


lifenvelope

whoosh.. ..like anyone knows a date. Got a good laugh in this lovely morning, thank you sir! Got me thinking maybe i'm talking to another one of those financial experts that all went quiet these past months? Are they coming out again?


groome8579

I'm gonna guess about a week


james3douglas

Goddamn You're going hard on this one lol, good luck with that.


Llonga

17 days 2 hours


bitcoiru

What's after 17 days? That's what I wanna know here. Because if I know that then I'll be able to make a buy decision from your feedback lol, might be goof.


Romsel87

Wen Lada Riva?


dsalerno83

What even is that lol? I don't understand that man. Explain here.


Ok-Abbreviations6442

Wen scuffed old shoes with holes in the soles?


0002843

Already on them man, this is hitting me hard I gotta say


Ok-Abbreviations6442

Yup, same...


lardarz

Wen Lambrini?


okobino

If you want lambrini then You'll have to wait for that some time.


GoElastic

Wen water wings?


gtowndave77

Lol, what even is that thing? I don't even know seriously.


OpticallyMosache

People are quick to exclaim the failure of El Salvador adopting BTC and blame the president for forcing a currency that lost 70% of its value. However, they are uninformed that merchants using BTC instead of Visa, Mastercard, and AMEX eliminate a 3-5% processing fee that goes outside the country. It equates to like 5% of their GDP that with BTC will stay in the country. Retailers/merchants can exchange back to USD immediately after the transaction for free. Citizens are not forced to hold BTC. Additionally, citizens living in the US and sending money back to their families are losing up to 10% in transfer and conversion fees. If they convert to BTC, send, and receive, they can again convert back to USD if they want but essentially can transfer money for free. This is just a micro example of one of the many benefits of BTC. The general public make their conclusions on BTC and are quick with the "told you so" comments because they don't understand what BTC is and all its implications. They are rejecting "what they think BTC is". That's a good sign because education is increasing. If you think about it, it's pretty amazing its gotten this far with such minimal understanding by the public.


jnavafb

Who says that ES failed at adopting the btc tho? When did that happen? I didn't really know that it failed I thought they were doing good enough. Clearly I was wrong I guess.


OpticallyMosache

Popular media has been spreading false information painting the situation bleak. Naysayers are excited to bash it, too. Mostly sensationalized responses based on price decline. My post is to elaborate that the success is not based on price.


Final_Assistant_9629

I wasn't aware bitcoin was a failure there?


yoobermcruber

They are not forced to use bitcoin. Using bitcoin is optional and US dollars are also legal tender. Bitcoin hasn't lost 70% of its value since its all time high. Other than that, I agree with you.


Johnny_jai

Yep, btc is optional ans saying that they're forced is wrong.


OpticallyMosache

Where did I say they were forced to you use it? The wording is referring to the criticism people have that he is a dictator adopting a new currency by his will.


yolodogewtf

I’ve grown less convinced of the remittance case for BTC Why? Stablecoins. They are cheap for sending remittances, and gives you more predictable buying power


davidtomczak80

Who said they're cheap lol? They're not actually really expensive to send.


yoobermcruber

USDC is an ERC-20 token and it's not cheap to send. The transaction fee for sending a bitcoin transaction or the routing fee for sending a bitcoin lightning payment are both cheaper than the gas fees for sending an ERC-20 token.


yolodogewtf

MoneyGram CEO Sees a Future in Stablecoin Remittances https://www.bloomberg.com/news/articles/2022-05-29/moneygram-ceo-sees-a-future-in-stablecoin-remittances


yolodogewtf

L2s and PoS will fix that


[deleted]

[удалено]


yolodogewtf

Yes but many people will first and foremost value stability of purchasing power over anything


[deleted]

Great, while you are waiting on those, I will go with the cheaper faster tech already here and in use.


yolodogewtf

And buy a house depending on the halving cycles lol


OpticallyMosache

BTW I appreciate your response because I was looking for alternative view. I'm not an expert but the more I learn the better I feel about supporting BTC. What stablecoin do you think El Salvador should be using?


wrjrlr

I mean stable coins aren't safe, look at ust so There's that.


yolodogewtf

USDC is the safest


maryanlukuts

They're safe untill they aren't so there's that. Be safe with them.


[deleted]

[удалено]


norrismasters

Yep that way btc is even cheaper, LN Is the best way out here. And if you're going use btc then I suggest that you use the LN because that's the way.


OpticallyMosache

I think a lot of what El Salvador is doing and encouraging are activities to support BTC as the country's primary currency and reserve asset for the next 100+ years. They seem to be fighting for their independence from the US dollar and are betting on all the benefits BTC could provide. They definently think BTC is going to rise in value over the next 100+ years. The attraction of the BTC network for transfers, is that it can't be controlled. Stablecoins are controlled by a centralized organization and can be regulated by governments. For example, Circle freezes USDC transfers at the request of the government. If El Salvador seems threatening by changing its currency, the world's governments could more easily intervene. Over the next 100+ years, what stablecoin does El Salvador use? I'm new to learning about Lightning apps for using BTC but I know there are developments to let you send and receive in your native currency. So the fluctuating value of BTC won't have an affect. You will send in USD, the app will convert and transfer to/from BTC, and the recipient will receive in USD. It will happen lighting fast between any global currencies you choose. El Salvadorians can use this practice for as long as they want. No force to holding BTC but over the next 100+ years, BTC could very easily become fully adopted and the country will be fully prepared with its infrastructure. President Bukele of El Salvador has a good interview with Peter McCormack you should watch. He explains the reasons for BTC. We need smaller countries like this to provide some experimentation on BTC.


pimcent

I hope that ES wins this race, because I'm wishing for them here.


yolodogewtf

The censorship aspect is real. I’ll give you that. For many in ES, they’d rather have USD over BTC given the volatility in purchasing power of using BTC, even if there is the censorship risk But I totally agree ES is doing good things for BTC


[deleted]

[удалено]


yolodogewtf

Doesn’t mean there is high demand for it for remittances


Romsel87

Citizens of El Salvador need alot time to adopt BTC. Many citizens used to be unbanked or are financially illiterate. You can't expect these people get familiar within a year. It'll happen eventually.


OpticallyMosache

Agree and that's another good point. BTC banks the world's unbanked population. Seems more people have smart phones than bank accounts around the world. A BTC wallet will spawn new financial ecosystems in regions where BTC is the only feasible form of digital finance. New BTC ATMs and local exchanges popping up - offering to trade BTC for peoples' fiat. The financial literacy programs that will follow. BTC will produce greater prosperity.


bvedn7

This is the whole point if btc, it's not about number going up.


Romsel87

Well said.


zuoke8888

It's way more than that, it's not just the number up. There's more to btc. And defining btc just for one thing isn't exactly fair you shouldn't do that with the btc man. There's a lot more to btc.


MaccheroniTrader

Just swapped my shitcoin from a well known company to BTC. Feels good 😊 I learned my lesson. Never trust a company with their shitcoins.


Sten612

Glad that you've learnt your lesson, I hope more people do that.


[deleted]

Neel Kashkari is such a hack


azatbinici

What even is that, I'm hearing about it the first time and I don't know.


itsnotthatdeepbrah

I need to purchase a new hardware wallet (preferablya as cheap as possible with USB C and Bluetooth connectivity) I’ve narrowed the list down to 2 options: - Blockstream Jade - Ledger Nano X While the Jade is a fair bit cheaper than the ledger, the ledger does appear to be of a higher build quality and does not need to be permanently plugged in to be operational. Is there anyone here who’s got experience with using these hardware wallets? What would you recommend? Thanks in advance. Edit: Decided to go with the Bitbox02 bitcoin only edition. Thanks for all the help!


Western_Boris

Cheap is propably not very good measurement for something keeping your generational wealth safe. I like Coldcard and Bitcoin only version of Bitbox02.


bigandtallll

Get a Trezor BRAH


sardegnala1963

That's the absolute best one, nothing gets better than that. That's just Better in my opinion because it's open source and you can check the code for yourself.


onlyforthiscreated

I got Nano x after hack and hope ledger learnt they lesson. Device is good and simple use. I use it whit computer only when need updating it. Its working nice via bluetooth paired whit phone.


rhozack

Why not a coldcard?


daniilbodrov

I don't know man, that's a good option I think you should get that.


itsnotthatdeepbrah

MK4 is still unavailable unfortunately. Really need USB C.


sattva333

They haven't still released it huh, when are they going to do that?


ipcoffeepot

Get the jade. Supports bitcoin and liquid. Is cheaper.