What Actually is Bitcoin, and How Does it Compare to Other ...

Bitcoin Facts

Pure facts to combat the trolls
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Bitcoin

The true bitcoin community Top Stories with the Inside take.
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Bitcoin Governance Discussion Forum

A place to discuss: [1] Bitcoin hard forks, [2] the process by which HFs are proposed and assessed, [3] the impact of HFs on the Bitcoin community.
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09-14 08:15 - 'Monero / everything bitcoin purports to be (private, cheap, fast) is actually what Monero is. As the issue of privacy becomes more of a concern I believe it will gain more traction. I recommend Monero over other priv...' by /u/mrelevenoutoften removed from /r/Bitcoin within 113-123min

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Monero
everything bitcoin purports to be (private, cheap, fast) is actually what Monero is. As the issue of privacy becomes more of a concern I believe it will gain more traction. I recommend Monero over other privacy coins because its the only one that cannot be traced (yeah you can talk about ZEC or whatever but they can trace it, the only crypto the TLA's say they cannot trace is monero) and it will enjoy the same first mover advantage that bitcoin had over. Look it up
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08-31 08:26 - 'I would honestly help you, however there is a lot of information to take in and i would probably not be the best person to make you understand what it actually does as a whole, i m not sure if there s more to it but YFI i...' by /u/LeThaLxdARk removed from /r/Bitcoin within 636-646min

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I would honestly help you, however there is a lot of information to take in and i would probably not be the best person to make you understand what it actually does as a whole, i m not sure if there s more to it but YFI is a governance token for the platform, which supposedly will find the best yield rates for you without you having to do anything as long as you lock your money in vault i am guessing, the hard cap and the fact that it actually had 3 bounces of like ATH makes it reach even higher ATHs since at this point few thousands do not really matter right? Been watching it for like a month but it felt like a very high risk but oh well
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07-28 16:26 - 'I mean actual events that led to this / This sub has shown me there is very little actual DD and it’s just buy, and sell when even crypto is a little more complex than that / What caused the trend of buying and selling is...' by /u/TheInfiniteNewt removed from /r/Bitcoin within 0-5min

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I mean actual events that led to this
This sub has shown me there is very little actual DD and it’s just buy, and sell when even crypto is a little more complex than that
What caused the trend of buying and selling is the question
I appreciate it none the less
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JK Rowling was not sure what Bitcoin was? I wrote this such that all wizards could understand what a bitcoin actually is?

Not another Blah Blah on Bitcoin
submitted by nvarmanj to Bitcoin [link] [comments]

What is a good flow to actually spend/use Bitcoin in everyday life?

I am wondering if anyone has any suggestions on best way to take profits from Bitcoin and transfer it into a currency so I can pay bills and buy things?
Currently I have been transferring to Coinbase and then my bank, or using Bitpay to spend directly, but I feel like there is a better way to handle it.
Any suggestions would be awesome!
submitted by zeeboguy to Bitcoin [link] [comments]

This was such a disappointment to read... if Bakkt futures are not fully backed by Bitcoin and are actually 37% backed by dollars/Treasuries, then what are the implications? Is this the slippery slope to Bifcoin market manipulation like we see in the Gold market?

This was such a disappointment to read... if Bakkt futures are not fully backed by Bitcoin and are actually 37% backed by dollars/Treasuries, then what are the implications? Is this the slippery slope to Bifcoin market manipulation like we see in the Gold market? submitted by the420chronicler to Bitcoin [link] [comments]

What do you think of this? Is this a disguised bitcoin miner, totally useless or does it actually work?

What do you think of this? Is this a disguised bitcoin miner, totally useless or does it actually work? submitted by Martuss to pcgaming [link] [comments]

I don't think most people in Bitcoin actually know what a store of value is. You don't define it purely in terms of price, but by its predictable usefulness upon future retrieval.

I don't think most people in Bitcoin actually know what a store of value is. You don't define it purely in terms of price, but by its predictable usefulness upon future retrieval. submitted by satoshiwins to bitcoincashSV [link] [comments]

"What that will actually allow is people to start treating it as cash. . . . "When we’re finished with it, with the addition of blinded thresholds and a few other things, Bitcoin Cash will be truly fungible." ~Dr. Craig S. Wright

submitted by cryptorebel to bitcoincashSV [link] [comments]

Even if the spender of Bitcoin buys back that Bitcoin on the market, what they’ve actually done is use Bitcoin as a crappy credit card” -Jimmy Song

“Even if the spender of Bitcoin buys back that Bitcoin on the market, what they’ve actually done is use Bitcoin as a crappy credit card. There’s multiple transactions, more conversion fees and less consumer protections. In other words, it’s much less convenient and thus an inferior method of payment”
https://medium.com/@jimmysong/bitcoins-path-to-method-of-payment-6cb5b3297268
submitted by Eugine42069 to btc [link] [comments]

You can’t make this shit up, folks. This is not a satire. This is ACTUALLY what the insane Bitcoin BTC proponents believe. They ACTUALLY believe that you shouldn’t use Bitcoin BTC... that it will somehow gain value by NOBODY USING IT. This is why Bitcoin Cash BCH, never Bitcoin BTC.

You can’t make this shit up, folks. This is not a satire. This is ACTUALLY what the insane Bitcoin BTC proponents believe. They ACTUALLY believe that you shouldn’t use Bitcoin BTC... that it will somehow gain value by NOBODY USING IT. This is why Bitcoin Cash BCH, never Bitcoin BTC. submitted by scotty321 to btc [link] [comments]

11-24 15:33 - 'Someone please edit the title to : " / # With Bitcoin, a cashless society is an Orwellian surveillance society. A sobering reminder of what's actually at stake here. Bitcoin is our way to lose our freedom, not "get rich"...' by /u/qwehhhjz removed from /r/Bitcoin within 235-245min

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Someone please edit the title to : "

With Bitcoin, a cashless society is an Orwellian surveillance society. A sobering reminder of what's actually at stake here. Bitcoin is our way to lose our freedom, not "get rich".

"

USE MONERO

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Contrary to what naysayers assert, CoinDCA claims that Bitcoin can actually be good for the world. The argument’s premise is this: Energy usage isn’t a problem in itself. It is carbon emissions that make a negative environmental impact.

Contrary to what naysayers assert, CoinDCA claims that Bitcoin can actually be good for the world. The argument’s premise is this: Energy usage isn’t a problem in itself. It is carbon emissions that make a negative environmental impact. submitted by cryptobasescanner to altrady [link] [comments]

"What that will actually allow is people to start treating it as cash. . . . "When we’re finished with it, with the addition of blinded thresholds and a few other things, Bitcoin Cash will be truly fungible. ~Dr. Craig S. Wright

submitted by Windowly to btc [link] [comments]

Joey Wong: “I actually dont like the reliance on corps at the moment, and what you said was why i was a core supporter for a long time. I support Bitcoin Cash because Im a merchant. I need to take payments now. There is no justifiable reason why core needs to stay on 1mb.”

Joey Wong: “I actually dont like the reliance on corps at the moment, and what you said was why i was a core supporter for a long time. I support Bitcoin Cash because Im a merchant. I need to take payments now. There is no justifiable reason why core needs to stay on 1mb.” submitted by Egon_1 to btc [link] [comments]

My online store accepts bitcoin only. This is my experience lately. It doesn't matter if the backlog is a "spam attack" or actual real usage -- what matters is the effect it has and what the consequences are. More info in comments

My online store accepts bitcoin only. This is my experience lately. It doesn't matter if the backlog is a submitted by instavcc to btc [link] [comments]

No one on /r/bitcoin has any clue what segwit actually is. They should read this. | Segregated Witness: A Fork Too Far

No one on /bitcoin has any clue what segwit actually is. They should read this. | Segregated Witness: A Fork Too Far submitted by BeijingBitcoins to btc [link] [comments]

07-06 13:53 - 'So what up Mods, do I have to KYC just to send a tip? / Anybody remember when actually using BTC for tipping here in r/Bitcoin was a thing. / Now using Bitcoin for tipping is kinda impractical: fees, taint, coinanalys...' by /u/xmr2023emission removed from /r/Bitcoin within 168-178min

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So what up Mods, do I have to KYC just to send a tip?
Anybody remember when actually using BTC for tipping here in /Bitcoin was a thing.
Now using Bitcoin for tipping is kinda impractical: fees, taint, coinanalysis.

So back to reddit gold and, shiny gold stars?
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Ryan X. Charles on Why He Switched Yours to Bitcoin Cash - YouTube. ALSO he describes what Lightning Network actually is. If fees are $5/tx (BTC today) it will cost $15 just to open up a channel. And its capped...

Ryan X. Charles on Why He Switched Yours to Bitcoin Cash - YouTube. ALSO he describes what Lightning Network actually is. If fees are $5/tx (BTC today) it will cost $15 just to open up a channel. And its capped... submitted by coincrazyy to btc [link] [comments]

This is a logo on a speaker grill. No other identifying marks on the speaker. Google thinks it's a Bitcoin logo. What is it actually?

This is a logo on a speaker grill. No other identifying marks on the speaker. Google thinks it's a Bitcoin logo. What is it actually? submitted by DorgonElgand to whatisthisthing [link] [comments]

Is #Bitcoin a Ponzi? 😱 Luckily, not! Learn what actually a Ponzi scheme is and how to avoid it 🧐

Is #Bitcoin a Ponzi? 😱 Luckily, not! Learn what actually a Ponzi scheme is and how to avoid it 🧐 submitted by atomicwallet to atomicwallet [link] [comments]

06-13 08:04 - '[quote] That's quite simply not remotely true; it's a line you've swallowed that you heard somewhere but you've not actually thought through to see what utter bullshit it is. It's a lie. / Logic it out, I'll be happy to show...' by /u/gnaritas removed from /r/Bitcoin within 616-626min

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If we didn't have the electoral collage, only high population cities would dictate the rules.
That's quite simply not remotely true; it's a line you've swallowed that you heard somewhere but you've not actually thought through to see what utter bullshit it is. It's a lie.
Logic it out, I'll be happy to show you why it's bullshit as soon as you start trying to explain why it would be so.
Also, politicians would cater towards higher populated areas because, why would it matter if you win or lose a small town of 2000 people when you could target a city the size of Los Angeles?
Because cities don't vote, people do, and cities are full of people that don't all vote together as a block. You can't ignore the rural vote and still win. A big chunk any city is still conservative, you just don't see that because of the electoral college.
The needs and wants of the smaller town, the minority in this equation, will be drowned out by the sheer numbers that the higher populated areas have.
Again, simply not remotely true, you just haven't thought this through at all; you're repeating propaganda you've heard.
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How Does Bitcoin Work? - YouTube What Bitcoin Miners Actually Do What a bitcoin fork actually is - YouTube What is Bitcoin Mining? - YouTube Who ACTUALLY Created Bitcoin - YouTube

14. “Bitcoin, and the ideas behind it, will be a disrupter to the traditional notions of currency. In the end, currency will be better for it.” – Edmund C. Moy. 15. “There is so much potential, … I am just waiting for it to be a billion dollar industry.” “Wow, Silk Road actually works” – Charlie Shrem. Bitcoin Profit If that’s really the case, then all we would need to do is work out how many Bitcoin owners there actually are. My next thought was that this could perhaps be done by looking at the total number ... Bitcoin is a high-risk, speculative, volatile asset. Like many high-risk investments, it goes through boom and bust cycles and, depending on when you buy (or acquire) it, it can make you either a ... What Actually is Bitcoin, and How Does it Compare to Other Currencies? Feb 01, 2018 at 13:42 // News. Author Guest Author. The virtual currency known as ‘Bitcoin’ is worth over $190 billion. Over the past few months, it has garnered a significant amount of attention from traditional media sources. However, despite speculations from almost everyone in every corner of the world about how ... And then there are what Carter refers to as Bitcoin’s “silver linings.” “If Bitcoin ends up being worth substantially more in the future than it is worth today (say, by an order of magnitude), then the world will actually have received a discount on its issuance. The energy-externality of pulling those Bitcoins out of the mathematical ether will actually have been very low, due to the ...

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How Does Bitcoin Work? - YouTube

How Bitcoin mining actually works - What is the "cryptographic puzzle"? - Duration: 14:13. Keifer Kif 78,184 views. 14:13. How to BitCoin mine using fast ASIC mining hardware - Duration: 27:15. ... Get a 30-day free trial of Dashlane here: https://www.dashlane.com/infographics Use the code "infographics" for 10% off of Dashlane Premium! It’s one of the ... This video is unavailable. Watch Queue Queue If money is only valuable when we believe in it, how much is a BitCoin actually worth? Jonathan explains the virtual currency as well as how to mine it and t... For more information: https://www.bitcoinmining.com and https://www.weusecoins.com What is Bitcoin Mining? Have you ever wondered how Bitcoin is generated? T...

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