Datasets:

SocialGrep

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reddit-r-bitcoin-data-for-jun-2022

like 2

1comment

iedubac

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog38o/here_it_is/iedubac/

Didn’t know Jack Dorsey is so short

1comment

iedu9g8

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedu9g8/

Many people’s ‘best case’ is the death of central banks, with BTC being the active currency for a totally free market. Your mileage may vary

1comment

iedu93h

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/volhtf/real_estate_upbitcoin_down/iedu93h/

The long term average ROI for Bitcoin beats the pants off of any other legitimate investment.

1comment

iedu8vk

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohluz/blockfi_is_bankrupt/iedu8vk/

Hahah its like this current wave of new crypto investors all left their crypto on lending platforms. Fin youtubers like Andre Jihk are still shilling this service. Don't people understand these services are like unregulated banks?

1comment

iedu88j

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedu88j/

You have a childlike understanding of what currency is and how it is used. You just don't understand and I think you lack the curiosity to push yourself to thinking about it until you understand. Keep using your soon-to-be worthless fiat

1comment

iedu5pz

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vojctm/pentagon_finds_concerning_vulnerabilities_on/iedu5pz/

> Bitcoin is actually decentralized? Yes. > not easily manipulated by one person Yes. > CEO of Tesla announcing they’re no longer accepting it as payment, tanking it’s value? Correlation does not imply causation. There were plenty of things going on in the market at that time. > Among other things *yawn* I'm really not interested in re-hashing all these old tired weak arguments.

1comment

iedu4eo

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedu4eo/

[removed]

1comment

iedu40f

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedu40f/

[removed]

1comment

iedu3qn

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohluz/blockfi_is_bankrupt/iedu3qn/

Yeah like some dude on Reddit amirite?

1comment

iedu1mp

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedu1mp/

Pssst. It’s never gonna be currency.

1comment

iedtzuz

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo7cek/hello_bitcoiners_my_first_post_would_come_with_a/iedtzuz/

electrum is the best desktop bitcoin wallet hands down

1comment

iedtz4o

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voltqr/after_collapsed_for_a_month_many_people_are_still/iedtz4o/

Your submission has been flagged for removal because it pertains primarily to altcoin discussion and/or promotion. Altcoins are off topic for the Bitcoin subreddit. Please post in the subreddit appropriate to that altcoin instead. Thank you. ^^I ^^am ^^a ^^bot ^^and ^^cannot ^^respond. ^^Please ^^contact ^^r/Bitcoin ^^moderators [^^directly ^^via ^^mod ^^mail](https://www.reddit.com/message/compose?to=%2Fr%2FBitcoin) ^^if ^^you ^^have ^^questions.

1comment

iedtyzn

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/volk6j/coinbase_pro_vs_binanceus/iedtyzn/

I second Binance US as well. Zero trading fees right now. 0.0005 btc withdrawal fees. So the larger you buy, the less that fee matters.

1comment

iedtx8n

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vols67/lost_coins_question/iedtx8n/

Bitcoin receive addresses contain a checksum. If you enter an invalid address, the checksum will fail, most likely. The wallet will stop you.

1comment

iedtvgf

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vno0eg/describe_bitcoin_in_12_sentences_in_the_most/iedtvgf/

Yes, may be a way so that people will not do some bad thing here.

1comment

iedttkp

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedttkp/

The Dutch Guilder is the state currency for the most powerful nation in earth. No no wait.. The British Pound is the state currency for the most powerful nation on earth. No sorry.. it’s.. The US Dollar is the state currency of the most powerful nation on earth.. yes, that’s where we are NOW. What’s next? If you can’t imagine the global reserve currency being replaced then go read some history books, no creative thinking needed.

1comment

iedtrov

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedtrov/

If btc were to achieve mass adoptions as a form of currency, you would have your standard supply demand against other assets goods and services. Ideally eliminating the US dollar as the middle man. So you'd have BTC not measured against the dollar but against whatever good or service you require. Which would again follow standard supply and demand. This would in essence stabilize btc in terms of what you're buying with it.

1comment

iedtr2d

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohluz/blockfi_is_bankrupt/iedtr2d/

correction: free cheeseburger with purchase of a large drink*

1comment

iedtqij

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedtqij/

Cuz we all die eventually. So spend it before you die.

1comment

iedtojn

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vno0eg/describe_bitcoin_in_12_sentences_in_the_most/iedtojn/

[removed]

1comment

iedto7o

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo8na0/tell_me_we_have_no_reason_for_btc/iedto7o/

use strike there’s no fees and the price correlation isn’t nearly as bad as atms

1comment

iedtnml

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedtnml/

Why spend it when you can take a loan against it and potentially pay the loan back with profits tax free. Just have to manage the situation responsibly.

1comment

iedtmrh

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedtmrh/

If everyone only cared about earning value, everyone would be living frugally and investing as much as possible. This isn't the case. A lot of people give into instant gratification. A lot of people don't spend a lot of time or thought on their financial future. A lot of people like to spend money on entertainment instead of investing it to earn value. Now replace a inflationary currency with a deflationary one and guess what - A lot of people still give into instant gratification. A lot of people still don't spend a lot of time or thought on their financial future. A lot of people still like to spend money on entertainment instead of investing it to earn value.

1comment

iedtlwt

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo0kv1/buttcoiners_have_been_waiting_since_2018_to_feel/iedtlwt/

Thanks for sharing your experience with us my brother.

1comment

iedtkww

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vno0eg/describe_bitcoin_in_12_sentences_in_the_most/iedtkww/

I know many people who were before joining the politics but this is one place where you go for once, But with the company of those people they also become the like to those is well.

1comment

iedtkpw

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voatel/announcing_my_new_lightning_network_based_service/iedtkpw/

Thanks for the input!

1comment

iedtk6z

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voaprz/how_does_he_intend_to_enforce_this/iedtk6z/

I don't actually know what the details of his claims are, and I'm not even gonna bother to spend 1 more second of my life to find out what he is saying. If he really did create bitcoin then he should understand that if his keys are gone then his bitcoin is gone forever, and he needs to figure out how to make money some other way.

1comment

iedth0u

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohluz/blockfi_is_bankrupt/iedth0u/

Lol I just paid my block fi credit card I should let it roll

1comment

iedtga2

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo9egt/would_you_rather_own_bitcoin_outrightly_or/iedtga2/

In the us I am not aware of any spot ETFs that have been authorized. Theoretically you are right but it doesn't exist for you to take advantage of.

1comment

iedtfkg

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo0kv1/buttcoiners_have_been_waiting_since_2018_to_feel/iedtfkg/

Yeah man, I can relate with your words right now, it's true.

1comment

iedteca

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedteca/

Because I don’t want to hold and USD, but still want to buy things.

1comment

iedtcnj

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo8na0/tell_me_we_have_no_reason_for_btc/iedtcnj/

This is not guaranteed to be true forever. It's only true while the majority of the network doesn't want it to change.

1comment

iedtcll

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voj4c0/is_bitcoin_antigovernment/iedtcll/

It wouldn't matter even if the US government had 90% of all bitcoins. The only way that they could exert a significant influence on bitcoin would be by investing an atrocious amount of money into bitcoin mining and distributed nodes in order to exert an influence on it

1comment

iedtb7s

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vno0eg/describe_bitcoin_in_12_sentences_in_the_most/iedtb7s/

Even if they knows in the simple term they will still live in the denial after that.

1comment

iedtazi

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vojyfh/buy_the_dip_right/iedtazi/

Spending bitcoin is better for adoption than just stashing it away.

1comment

iedtafw

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voatel/announcing_my_new_lightning_network_based_service/iedtafw/

you lost me at "sign up"

1comment

iedtab7

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedtab7/

Your just figuring this out? Btc Is just where you put your money in crypto when your scared of the market volatility and want more stability as an investor/ speculator. I personally don't have a single friend who holds any btc because there is faster money to be made in the crypto space but much like gamers Can thank Atari we thank btc existence

1comment

iedt6b5

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedt6b5/

So, let me get this straight. The best case scenario for Bitcoin is that it becomes the world reserve currency. I.e. it becomes the currency that nations’ central banks hold massive central reserves of, in order to stabilize and regulate regional/national economies?

1comment

iedt4ih

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo0kv1/buttcoiners_have_been_waiting_since_2018_to_feel/iedt4ih/

Lol, you guys still think that? That's just so funny to me.

1comment

iedt394

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohluz/blockfi_is_bankrupt/iedt394/

Which by same logic also applies to market cap right?

1comment

iedt2wm

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo9egt/would_you_rather_own_bitcoin_outrightly_or/iedt2wm/

Y’all know there’s a spot etf on Canadian exchanges, right? Actually a few of them.

1comment

iedt1t1

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedt1t1/

Why do people ever buy computers or cellphones if they just get better every year?

1comment

iedt06i

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voczhz/fed_chair_jerome_powell_we_now_understand_how/iedt06i/

My inflated money is on both

1comment

iedszp9

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedszp9/

A look at inflation data from 1916 to 1922 says otherwise. The USD, despite being backed by gold, was hardly stable. There was 23% inflation followed by 15% deflation. Similarly extreme situations happened in the early 30s, early 40s and late 40s. https://www.usinflationcalculator.com/inflation/historical-inflation-rates/

1comment

iedszgn

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voizwb/hardware_wallet_for_hodling_till_death/iedszgn/

Do you have a source?

1comment

iedsyig

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedsyig/

Theoretically it would be at least as high as inflation if people saw it as a reliable store of value. We will see how this plays out over the next couple decades.

1comment

iedswry

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo8na0/tell_me_we_have_no_reason_for_btc/iedswry/

The problem still stands that under an authoritarian regime the people dare not break the “law” or you risk being disappeared.

1comment

iedsv2d

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedsv2d/

This is why no one spends gold ever, and why gold has totally failed as a currency and a store of value. Gold is no longer traded because of this.

1comment

iedssrz

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voizwb/hardware_wallet_for_hodling_till_death/iedssrz/

But am I not at the risk that my computer has some malware on it and it saw my private key. I thought you get a hardware wallet to keep private keys off your computer.

1comment

iedssm8

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedssm8/

This is almost as bad as the logic behind there needs to be inflation or people wouldn't spend money.

1comment

iedsrw0

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo066b/daily_discussion_june_30_2022/iedsrw0/

Well shit is different when You're doing it, else it's the same shit. That's just how some things go, you can't really change those things man.

1comment

iedsq7a

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedsq7a/

To answer your question look at the yen during japan’s bubble crash in the 90’s. There were periods of considerable deflation which does make people hold off on purchasing as they expect prices to drop. Thereby slowing the velocity of money and contributing to deflation. That was the economic situation during which they first began quantitative easing in order to stabilize the currency inflation rate.

1comment

iedspla

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vnee4j/microstrategy_has_purchased_an_additional_480/iedspla/

I think both BTC and $MSTR will probably go lower. It 's treated by the market as if it was a BTC ETF. And like other crypto ETF's, it trades at a heavy (24%) discount to it's BTC book value. But unlike a listed crypto miner or a crypto exchange, $MSTR has an underlying data analytics business unrelated to crypto that generated over half a billion in revenue last year. So unlike a pure crypto business, $MSTR is unlikely to go to 0 if BTC goes to 0. In the worst case scenario, they replace their cheap BTC collatoralized debt with more expensive uncollatoralized debt.

1comment

iedsni1

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vno0eg/describe_bitcoin_in_12_sentences_in_the_most/iedsni1/

I think btc brings the easiness to transfer the fund to each other.

1comment

iedsn98

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo0kv1/buttcoiners_have_been_waiting_since_2018_to_feel/iedsn98/

Indeed they have to actually maintain that stuff there.

1comment

iedsm9k

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohluz/blockfi_is_bankrupt/iedsm9k/

One day before Celcius halted withdrawals they declared that no one ever had problems with withdrawals. But good luck with that.

1comment

iedslqf

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohluz/blockfi_is_bankrupt/iedslqf/

Oh no, bitcoin lending turned out to be a scam. So shocking, much wow.

1comment

iedsll0

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohluz/blockfi_is_bankrupt/iedsll0/

[removed]

1comment

iedskr9

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohluz/blockfi_is_bankrupt/iedskr9/

[deleted]

1comment

iedsio7

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo0kv1/buttcoiners_have_been_waiting_since_2018_to_feel/iedsio7/

Indeed they are actually feeling really good about it.

1comment

iedsifi

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/volht1/bitcoin_is_deflating_as_a_currency_then_why_would/iedsifi/

Ugh. So many things to unpack here.

1comment

iedsgzh

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voizwb/hardware_wallet_for_hodling_till_death/iedsgzh/

How do I generate a wallet without the seedphrase not showing up on my computer?

1comment

iedsgdo

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vnrbx5/arent_btc_whales_kinda_inadvertently_making/iedsgdo/

I said it once and I will say it again: To worry on market manipulation and USD/BTC price action is to miss the forest for the trees. It doesnt matter unless you are attempting to time the market, which I do not.

1comment

iedsg34

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohluz/blockfi_is_bankrupt/iedsg34/

Do you know if you can cold stake with Ledgers?

1comment

iedsev9

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/volht1/bitcoin_is_deflating_as_a_currency_then_why_would/iedsev9/

Hahahahahahahahaha

1comment

iedsdl4

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voj3da/eu_agrees_on_landmark_regulation_to_clean_up/iedsdl4/

Regulation is key to mass adoption.

1comment

iedscgy

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohd5t/this_is_what_you_can_buy_when_you_hodl_bitcoin/iedscgy/

Yeah just hold until you die. Then you’ll be set!

1comment

iedsbph

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohgke/pulse_check_are_you_buying_selling_or_holding/iedsbph/

LFG!!!

1comment

iedsbf7

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voczhz/fed_chair_jerome_powell_we_now_understand_how/iedsbf7/

I'd prefer him to the alternatives that were nominated. They were far more dovish, and one of them was outright shilling for a CBDC.

1comment

iedsbba

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voaprz/how_does_he_intend_to_enforce_this/iedsbba/

No I'm saying like how would it be possible for him to have his private key stolen? Did he just have it sitting in a Google doc somewhere?

1comment

iedsau1

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedsau1/

I would swap all my USD for BTC the day I receive it. That’s assuming both are equally adopted/easy to use. Why hold USD at all?

1comment

ieds997

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voaprz/how_does_he_intend_to_enforce_this/ieds997/

Craig claims to own this paper wallet: https://miro.medium.com/max/1400/1*18O-J2lAlhPsuD91cIVQAA.jpeg If he owns this paper wallet, then that notice would be unnecessary. He must be lying about something...

1comment

ieds8ln

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/volk6j/coinbase_pro_vs_binanceus/ieds8ln/

1. So long as you've fulfilled all KYC requirements, you're completely good to go. 2. I believe you should go with Binance US. They're the better exchange IMO. Your funds are safe. 3. Yes. Wait till you see the confirmation of the deposit in your exchange wallet before proceeding to purchase the tokens you wish to.

1comment

ieds6xu

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohluz/blockfi_is_bankrupt/ieds6xu/

Ledger are great, I use trezor but ledger seem to be a bit more up to date with progression in various things (usually on the more complex side) I work for a crypto company and either are fine, you can store on both fine, and both are secure

1comment

ieds5ny

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/ieds5ny/

Ah, I would claim that the 'consumer driven' economic model is not right here. If I as a saver do some work and there's nothing I really need right now, encouraging me to buy stuff anyways because my money just inflates away only causes me to buy junk I don't really need. Similarly, if I am forced to invest because my money inflates away I'm going to make investments that don't even have a real rate of return, they're just the best I can get. Then the people i invested with will spend that money on something that won't be of much value. In the end, people end up working for stuff that doesn't have a good return-on-investment (ROI). I would argue that's a problem. If we're buying stuff (products or companies) have have very low ROI or even negative ROI we're just spending a lot of our limited resources and life-energy on stuff we don't need. It won't be making us happier, or more able, or more wealthy, or more powerful. It'll make the GPD go up. But if won't cause your actual total productive assets to be higher in the long run because you spent all your effort on stuff that you didn't need or companies with low risk-balanced ROI. Better to save your money for the right time and right opportunity than be forced to spend it now. It's better in the long run for the 'economy' for people to chose for themselves where to invest and when, not be herded like cattle to bade decisions just so they buy something now to help the GDP.

1comment

ieds44n

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohgke/pulse_check_are_you_buying_selling_or_holding/ieds44n/

I’m buying. Prepping to dive straight in and make my first whole coin buy if it continues like this!

1comment

ieds344

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/ieds344/

that is not the only part of equation - i am afraid that also reduction of human population will help. (without lessening the consumption of the surviving ones)

1comment

ieds35s

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohluz/blockfi_is_bankrupt/ieds35s/

Thanks for your help :)

1comment

ieds34o

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo8v7l/federal_reserve_chair_jerome_powell_i_think_we/ieds34o/

Cool story JPow

1comment

ieds2if

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vojyfh/buy_the_dip_right/ieds2if/

That’s my favorite song

1comment

ieds0ib

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo2r6u/puppet_masters/ieds0ib/

The real gangstas

1comment

iedryub

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedryub/

They would spend it because they want or need other things in return, starting with food and shelter.

1comment

iedrx1m

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedrx1m/

Yeah, I noticed after seeing a few of the replies. My comment was hours ago early on but still don’t see a need for insults regardless. If he’s close minded then that’s his fault.

1comment

iedrvsm

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo066b/daily_discussion_june_30_2022/iedrvsm/

I mean anyone can say anything that they want, that's nothing.

1comment

iedrvq7

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohluz/blockfi_is_bankrupt/iedrvq7/

Oh! Maybe I should charge up my BlockFi credit card to the max since they're going bankrupt.

1comment

iedrskk

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo9egt/would_you_rather_own_bitcoin_outrightly_or/iedrskk/

Take a look on what happened with the biggest crypto hedge funds. There is a PwC report about them. If you believe in the future of Bitcoin, just buy it directly and hold. God knows what these ETFs will do with your coins.

1comment

iedrrrb

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo0kv1/buttcoiners_have_been_waiting_since_2018_to_feel/iedrrrb/

It's just so bad man, they should not be like that for real.

1comment

iedrpba

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vojctm/pentagon_finds_concerning_vulnerabilities_on/iedrpba/

Its you, you fool!

1comment

iedrp2w

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo066b/daily_discussion_june_30_2022/iedrp2w/

Theres always a reason to have a sale.

1comment

iedronh

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohgke/pulse_check_are_you_buying_selling_or_holding/iedronh/

Hell yeah, hope you get there

1comment

iedroj2

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedroj2/

An inflationary currency is easy for consumers to spend, but difficult for merchants to accept. That's part of why merchants raise prices on a regular schedule. A deflationary currency is difficult for consumers to spend, but easy for merchants to accept. So, we should expect merchants to keep prices steady, if not lower them on a regular schedule.

1comment

iedrnzo

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohluz/blockfi_is_bankrupt/iedrnzo/

$25m and a cheeseburger

1comment

iedrnni

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohluz/blockfi_is_bankrupt/iedrnni/

I keep using their credit card (responsibly) hoping they flop and I don’t have to pay it off the last month! I pull my rewards as soon as they show up!

1comment

iedrn50

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vdgz6t/same_every_time/iedrn50/

Lol. You are funny. Thanks for the laugh. I was trolling, that was funny though. 😁

1comment

iedrlt7

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo0kv1/buttcoiners_have_been_waiting_since_2018_to_feel/iedrlt7/

I’m banned too. Brothers in arms we are

1comment

iedrjpg

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedrjpg/

Amazingly currency used to be backed by Gold (or WAS gold). They couldn’t go around printing more of it and it was quite stable in its value. More amazingly, the economy grew, towns became cities and city states and nations appeared! None of it needed Fiat. Fiat currency is a 60 year experiment in how to stealthily make everyone poorer. Those that advocate for governments controlling the money supply conveniently forget the entire history of human civilisation and commerce prior to the introduction of fiat currency.

1comment

iedrhlg

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vojyfh/buy_the_dip_right/iedrhlg/

When I put my hand up on your hip, When I dip, you dip, we dip

1comment

iedrfm2

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedrfm2/

That's not how shares work my dude. Creating more shares means the board need more of them to maintain control of the company. If the company is valued highly that would end up costing them a lot of money

1comment

iedr9qb

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo0kv1/buttcoiners_have_been_waiting_since_2018_to_feel/iedr9qb/

The best thing is they are just crying because they didn't hold their investments in Bitcoin, that's why they are feeling so happy these days, nothing else.

1comment

iedr9mi

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedr9mi/

Seems like you are asking 2 questions. As for why you would spend bitcoin instead of dollars: if volatility of bitcoin decreases, more will use it as currency. People would trade their dollars for bitcoin to maintain purchasing power. They would use that stored value to purchase whatever. If the local market didn’t accept bitcoin, you would purchase the USD for the current transaction as needed (like traveling to another country for US citizen). As for whether inflationary or deflationary economic conditions are better, continuing to prop up economies through ever increasing debt and money supply seems like a bad game plan to me. It also makes it difficult to find a safe store of value and savings in general. Right now, even with large amounts of inflation, the USD is considered the safest place to store your value, so people are storing their wealth with it and continuing to leverage it’s relative price. If the US loses its dominance in international markets, such as its world reserve currency status or its use in the purchase of oil, the demand for dollars and hence its relative value could significantly decrease. Regarding volatility, there is some upward limit on the total valuation of a currency. If the market share of bitcoin increases enough that it can be utilized in large transactions between banks, governments, etc. without massive price fluctuations, I believe its volatility will decrease. At that point, as for my personal economic well-being I would hold my savings in bitcoin and use it as a currency whenever needed. Why would I spend bitcoin instead of USD at that point? Because my savings would be in bitcoin and I wouldn’t have USD to spend.