Datasets:

SocialGrep

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

like 2

1comment

iedokzd

2s3qj

bitcoin

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

>If it's supply shocks, then reducing balance sheets WILL drive a recession/depression. Plus inflation, depending on the types of supplies and it's harder to borrow to fill the gaps

1comment

iedokhg

2s3qj

bitcoin

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

Currently both, because the ETF makes it a lot easier to swap between crypto and equities

1comment

iedokew

2s3qj

bitcoin

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

[removed]

1comment

iedok3i

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vokeqi/grayscale_doesnt_care_about_the_investor/iedok3i/

Wall Street is not your friend.

1comment

iedoirk

2s3qj

bitcoin

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

Just like inflation encourages you to spend today and save less, deflation encourages saving and spending less. If you don’t spend all your money during an inflationary period, logically, do you think you’d save all of your money in a deflationary one?

1comment

iedoggi

2s3qj

bitcoin

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

I bet Blockfi was sold a lot closer to $25M than $1B.

1comment

iedog1y

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo066b/daily_discussion_june_30_2022/iedog1y/

[removed]

1comment

iedog0n

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vojctm/pentagon_finds_concerning_vulnerabilities_on/iedog0n/

Not worth it. Easily debunked. They're very simplistic talking-points they've managed to make into a report which can be sold. Mostly they conflate things which have nothing to do with Bitcoin. You don't really need a password to submit hashes to a pool? Yeah, obviously no one is going to submit hashes for you and if they did you wouldn't complain. Tor exit nodes shouldn't be trusted with plain-text traffic? Yeah, any non-moron understands this. etc etc etc

1comment

iedofke

2s3qj

bitcoin

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

Do you consider separation of state and religion to be anti-religion or anti-government? If governments had operated in good faith, if they had never "[suspend temporarily the convertibility of the dollar in the gold or other reserve assets](https://www.youtube.com/watch?v=iRzr1QU6K1o)", and were honest with their reserves, and fair with their monetary policy, there would be no need or desire for bitcoin. Bitcoin is resistant to censorship, but are governments inherently suppressive?

1comment

iedoex8

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohd5t/this_is_what_you_can_buy_when_you_hodl_bitcoin/iedoex8/

house is cool and all, but i want to be free from a rat race first

1comment

iedoegv

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vokznu/is_a_dip_or_is_it_a_dive_into_the_abyss/iedoegv/

TA is bullshit. There's a lot more to Bitcoin than its recent price.

1comment

iedodwm

2s3qj

bitcoin

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

I think you may want to change your question a bit to get more clarity on your concern. It may more sense to ask, “at what value/market cap/level of adoption, will the rate of bitcoin level out so that it is simply a good store of value”. At that point, people will exit and enter into bitcoin based on individualized investment scenarios. Buy a house, exiting another type of investment, buying into a business, macro market volatility, emergency life events like an illness. It’s only growing so fast at this point due to relatively low liquidity compared to other investment.

1comment

iedodwt

2s3qj

bitcoin

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

I do. But I understand that it's not without its own downsides. Algorithmic control creates its own set of problems. But I believe it's net-positive compared to leaving those controls in the hands of humans who make mistakes and self interests.

1comment

iedod4m

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo4d2t/for_people_that_on_the_edge_on_buying_bitcoin/iedod4m/

Or you can risk it for the biscuit. ;)

1comment

iedo984

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohd5t/this_is_what_you_can_buy_when_you_hodl_bitcoin/iedo984/

People will give you shit in here, but real estate makes you wealthy. Bitcoin is a pure risk. You will not be upset and you can always buy more BTC during this bear cycle This is coming from a multi-unit landlord who is very pro BTC.

1comment

iedo7zt

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vnrbx5/arent_btc_whales_kinda_inadvertently_making/iedo7zt/

And when it hits a million you'd have 50k.

1comment

iedo7od

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voaprz/how_does_he_intend_to_enforce_this/iedo7od/

this is the most aggressive "have you seen my cat, i lost him" flyer i have ever seen

1comment

iedo6td

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedo6td/

Hey here's a thought, instead of widespread unemployment let's halve the working week and have full employment then. To constantly strive to produce more from a finite resource is a fool's errand.

1comment

iedo6mr

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedo6mr/

This is not like saying that. This is like saying inflation actually isnt good for an economy like you think it is

1comment

iedo6oj

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo0kv1/buttcoiners_have_been_waiting_since_2018_to_feel/iedo6oj/

A group of 125,000 middle IQ copers who are upset they missed life changing money lol

1comment

iedo5uy

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedo5uy/

currently, people go into debt to pay for their present lifestyle, even though it will cost them more in total dollars. there is no guarantee we are alive tomorrow, thus we have natural incentive to spend today. On a Bitcoin standard, it gives people the option to forgo spending without losing their savings.

1comment

iedo5jq

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vno0eg/describe_bitcoin_in_12_sentences_in_the_most/iedo5jq/

I guess most of the people know what we are saying, it's freedom.

1comment

iedo4ed

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedo4ed/

You would invest only on those you truly believe/seems good, meaning the option would be better than now and global crashes would be much much lower in impact.

1comment

iedo42w

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo0kra/please_take_advantage_of_my_stupidity/iedo42w/

“I lost a lot of money and I’m desperate to get some of it back.”

1comment

iedo3q8

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo066b/daily_discussion_june_30_2022/iedo3q8/

Which will be more painful -- the generational bottom or the months of sideways action afterwards?

1comment

iedo3g5

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vokvjy/euregulierung_zur_registrierung_von_wallets_kommt/iedo3g5/

Un-hosted wallets The rules would also cover transactions from so-called un-hosted wallets (a crypto-asset wallet address that is in the custody of a private user) when they interact with hosted wallets managed by CASPs. In case a customer sends or receives more than 1000 euros to or from their own un-hosted wallet, the CASP will need to verify whether the un-hosted wallet is effectively owned or controlled by this customer. The rules do not apply to person-to-person transfers conducted without a provider, such as bitcoins trading platforms, or among providers acting on their own behalf.

1comment

iedo2ld

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedo2ld/

So what you're saying is at some point BTC wouldn't inflate in value exponentially and instead would become a currency which grows in value the more people want to consume and thus fluctuate with supply and demand?

1comment

iedo06s

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vno0eg/describe_bitcoin_in_12_sentences_in_the_most/iedo06s/

I think ledger is completely separate of the thing, nothing to do with CEX.

1comment

iedny69

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voczhz/fed_chair_jerome_powell_we_now_understand_how/iedny69/

[deleted]

1comment

iedny02

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedny02/

[deleted]

1comment

iednxax

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vokvjy/euregulierung_zur_registrierung_von_wallets_kommt/iednxax/

https://www.europarl.europa.eu/news/en/press-room/20220627IPR33919/crypto-assets-deal-on-new-rules-to-stop-illicit-flows-in-the-eu

1comment

iednx9e

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iednx9e/

"I don't need food or clothes or car or house because deflation." Why are people like this?

1comment

iednwkc

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/veyv4n/daily_discussion_june_18_2022/iednwkc/

r/agedlikemilk

1comment

iednwe0

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohluz/blockfi_is_bankrupt/iednwe0/

Can you provide a trustworthy source that disproves this as misinformation?

1comment

iednw4l

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vofdhj/right_now_the_us_dollar_is_winning_and_btc_is/iednw4l/

Knowledge bombs in the toilet

1comment

iednvhc

2s3qj

bitcoin

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

I think this is th3 best time to actually do so like that.

1comment

iednv5o

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo4d2t/for_people_that_on_the_edge_on_buying_bitcoin/iednv5o/

False dichotomy. You can invest in other assets that have more predictable performance records.

1comment

iednuva

2s3qj

bitcoin

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

There is no risk-free return on BTC.

1comment

iednsym

2s3qj

bitcoin

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

There are only 800k wallets with 1 BTC. Only some of those 800k have tens of thousands of BTC. Bitcoin has outrun the whales a long time ago.

1comment

iednstl

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohxfi/this_is_why_fiat_is_a_failed_monetary_system_ecb/iednstl/

Read the article, it says that they sell German bonds in order to buy Italian bonds. In the end Germany has to pay higher interest on their debt, which reduces their budget for spending. Either Germany has to raises taxes or cut spending - either way it harms the population (taxpayer).

1comment

iednsj4

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iednsj4/

Bitcoin has rewired my brain. In a fiat world with all the marketing and consumerism I just got into the habit of money in, money out. Now that Bitcoin is mostly effortless gains, as long as you don't panic during the normal cycle downtrends like we're in now. My thinking is now, do I really need that or would I rather have more money a year from now. I'm now saying fuck the small trinket I'll forget about after a week and thinking about a house and retirement. And trying to afford both without taking on debt to do so.

1comment

iednq4i

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voczhz/fed_chair_jerome_powell_we_now_understand_how/iednq4i/

>money printing causes inflation No fucking way, you mean inflating the amount of cash, would inflate prices. I doubt that idea would even be in the text books /s These people are frauds or liars, or both

1comment

iednq3e

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voemum/help_with_cashing_outavoiding_a_scam/iednq3e/

Pay hundreds of dollars first, ask questions later Literally why scammers thrive

1comment

iednpzr

2s3qj

bitcoin

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

Sheesh deep pockets over there. Casually has 5K laying around

1comment

iednpx7

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vojctm/pentagon_finds_concerning_vulnerabilities_on/iednpx7/

Not worth it? Or you couldn’t really debunk them?

1comment

iednpmp

2s3qj

bitcoin

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

Then you must be one. We know their actual citizens aren't allowed on Reddit.

1comment

iednpll

2s3qj

bitcoin

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

12 year olds on Reddit making memes about inflation on, yet these clowns don't understand it and they're in charge?

1comment

iednpoe

2s3qj

bitcoin

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

The 2014 crash was 85%, the 2018 crash was 85%, and 2022 is currently 75%. We could see 10k, that would be 85% from ATH.

1comment

iednpde

2s3qj

bitcoin

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

What if someone got paid in btc? They wouldnt have any usd to spend eventually. You gotta eat though right? Do you want a house to live in? That means you gotta pay mortgage and property taxes. What about clothes you need clothes right? How about if you want to go to the movies one night are you allowed to go to the movies with your friends or loved one? How about vacation. I guess you can say “i dont want to go on vacation and spend the bitcoin cause if i save it i can go on a bigger vacation for the same amount! Congrats one year passed you ready to go on vacation now? You can still wait another year if you wanted… what if you dont want to wait? Now look back at all the bitcoin i have spent now in all my examples

1comment

iednox2

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voatel/announcing_my_new_lightning_network_based_service/iednox2/

I haven't decided on this yet, and will consider any suggestions. Likely it will go towards allowing users a profile, and anyone who interacts with that user can leave a review. I'm just trying to avoid it turning into a min-max nightmare where helpers beg for high ratings, and / or the site forcing users to leave reviews. I just want it to be as low-friction as possible. Lots to think on with that, and it's a very important piece. Thanks for the comment!

1comment

iednnjh

2s3qj

bitcoin

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

As long as fiat or any other weaker currency is accepted by both buyer and seller and is still convenient, that would probably be used for the transaction. But if the seller accepts nothing but Bitcoin, then you do not have any other option as a buyer.

1comment

iednmz8

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohluz/blockfi_is_bankrupt/iednmz8/

Withdrew all my funds week or two ago there’s still hope for u

1comment

iednldl

2s3qj

bitcoin

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

[deleted]

1comment

iednkzq

2s3qj

bitcoin

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

Ah. Yeah probably. In any case, kinda besides my point.

1comment

iednjd9

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vno0eg/describe_bitcoin_in_12_sentences_in_the_most/iednjd9/

You know it as toilet paper

1comment

iedneq4

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vod50n/how_many_cycles_have_you_been_through/iedneq4/

Is this downturn really part of a cycle or is it just a downturn? Like what is a cycle?

1comment

iednejh

2s3qj

bitcoin

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

Economic activity =/= mindless consumerism. Why would you invest in companies producing new technology that might fail if your currency will appreciate regardless.

1comment

iedneib

2s3qj

bitcoin

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

The company is being sold for 25 million. It received 500 million in funding less than a year prior. DYOR.

1comment

iedndhw

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohxfi/this_is_why_fiat_is_a_failed_monetary_system_ecb/iedndhw/

The Euro zone is not a federation, this is incorrect. Per EU treaties there is no legal foundation for a fiscal union, it is not a union like the US with a common budget, taxes nor can the EU issue bonds. It was made clear in treaties (Maastricht, Lisbon) that countries with budget surpluses do not have the obligation to fund countries with budget deficits nor is it allowed to fund governments through the printing press before nations joined the Euro and national central banks gave power to the ECB. The ECB violates its mandate and that is clearly a symptom of failure not only of a central bank. Fiat is a derivative of power and if central banks can violate their mandate without consequences it is clearly a sign that the currency has failed already. Germany has low debt levels due to fiscal discipline. Italy has high debt levels due to bad fiscal discipline. That's why Germany pays lower interest rates than Italy. Now the ECB sells German gov bonds, which increases interest rates artificially and buys Italian gov bonds, which lowers their interest rate artificially. In the end the German taxpayer gets money stolen to subsidize Italy. It's not only further distorting markets, but it is penalizing the country with good fiscal discipline and rewarding the country with bad fiscal discipline. I wonder how you would feel when have a credit score of 840 and the Fed makes you pay a higher interest rate on your mortgage so they can lower the interest rate for people with a credit score of 590.

1comment

iedncf4

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo8na0/tell_me_we_have_no_reason_for_btc/iedncf4/

Big if true Any actual verification? This kind of rumor really plays on Western perceptions of China. Not defending them, but verification goes way further than internet rumor

1comment

iedncbq

2s3qj

bitcoin

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

Fucked fucked

1comment

iednbt0

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo3cb2/never_ever_use_their_orwellian_language_unhosted/iednbt0/

Based alert!!! 🔥🔥🔥

1comment

iedn9y1

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedn9y1/

Look at how many people save fiat, despite the fact that it’s value is currently depreciating at over 10% per year.

1comment

iedn9rs

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedn9rs/

My thought exactly, there are few people here that understand this. Less spending hurts the economy. It hurts the businesses big and small because they don't get revenue and also hurt the government because less taxes get paid. Which hurts social benefits and everything that gets paid by government money. That is why I think bitcoin will remain just for store of value and not an actual transactional mainstream currency. Stable inflation is healthy for the economy as some people say exactly for this reason.

1comment

iedn8f5

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voizwb/hardware_wallet_for_hodling_till_death/iedn8f5/

Go with a paper wallet if you're planning on holding until death. https://bitaddress.org/

1comment

iedn78d

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo0kv1/buttcoiners_have_been_waiting_since_2018_to_feel/iedn78d/

Do you think a person like him can do something good?

1comment

iedn6o1

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voizwb/hardware_wallet_for_hodling_till_death/iedn6o1/

NEVER??? Then why bother at all???

1comment

iedn6l7

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedn6l7/

I have spent mind a few times. It has helped me buy my house and redo my backyard.

1comment

iedn4v0

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vny8be/we_currently_dont_know_who_satoshi_is_but_if_you/iedn4v0/

I think in the scenario I’m describing it would be a lot more nuanced than that. I agree that Bitcoin is for everyone and that’s why it’s inevitable and can’t be stopped. I think it’s entirely possible someone in the intelligence agencies created this but am not certain of anything. Fun to think about all of the possibilities

1comment

iedn4ls

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo3cb2/never_ever_use_their_orwellian_language_unhosted/iedn4ls/

Those that control Finance implicitly understand FRAMING and NARRATIVES We should call them “Free wallets”

1comment

iedn4jc

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedn4jc/

Yeah, dollar bills being printed soaks up CO2 brilliantly.

1comment

iedn0sx

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedn0sx/

Ah I see. Use some transitory language to look like an edge lord without taking a legit stance. The old apples vs oranges without even making your stance known. Good for you keyboard warrior.

1comment

iedn0fz

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vof2lk/why_are_the_manufacturers_of_aisc_mining_machines/iedn0fz/

Because China heavily subsidizes their manufacturing industry. This saves them a ton on R&D because it's super easy to steal someone's idea when you are the one manufacturing their product.

1comment

iedn014

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedn014/

This is a very wealthy way of thinking. Bitcoin already has a proven track record of being used in everyday transactions. I think mostly by people who dont have enough for it to be considered an investment but who need a decentralised currency for whatever reason. Like in Greece or small shops across African nations that Ive seen on youtube.

1comment

iedmz45

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vm6pu1/bitcoins_price_will_only_go_up_based_on_how_many/iedmz45/

Fantastic summary.

1comment

iedmysy

2s3qj

bitcoin

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

Based on the continued printing of it! Where do you think this recession is coming from?

1comment

iedmynt

2s3qj

bitcoin

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

I think that they are earning a lot of money from it.

1comment

iedmwog

2s3qj

bitcoin

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

Then how would the underlying value be generated. Less spending = less money coming to businesses = fewer businesses = more unemployment. You envision BTC in the context of a capitalist system, correct? How is that in any way sustainable.

1comment

iedmw4y

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedmw4y/

You have two currencies and one devalues by 7% a year and one doesn’t. All things being equal ie they are both liquid assets that can be used everywhere, then why keep your money in a devaluing currency? Even if you plan to spend it on a shop next week you may as well still store it in a currency that isn’t devaluing as you’d be better off. And so more people move to the harder form of currency, the other devalues further. It’s the same situation in developing nations. They could store their wages in the local currency or they could use USD. Many use USD because it devalues less than their own currency. The superior currency generally wins out. Even though Bitcoin has its challenges about a quarter of people in some developing nations (Indonesia for example) now own (or have owned) it.

1comment

iedmv9p

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohgke/pulse_check_are_you_buying_selling_or_holding/iedmv9p/

Buying and holding , and trying to hold fiat bags for bigger dips

1comment

iedmtgn

2s3qj

bitcoin

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

But greyscale doesn’t buy ofc they buy otc. You wouldn’t even notice if btc prices is manipulated or not

1comment

iedmtaz

2s3qj

bitcoin

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

If person A has 1 btc on an exchange, and the exchange lends that bitcoin to person B who shorts it by selling to person C, and person C keeps it on the exchange, what's to stop the exchange from lending that same Bitcoin to person D. I guess at this point it's is paper bitcoin. Off chain accounting. Also, which exchanges allow shorting? All of them?

1comment

iedmrmi

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohb6d/coinbase_inc_better_business_bureau_profile/iedmrmi/

Because dusty 'ol BBB isn't relevant to them. That's pretty much the case with technology companies across the board.

1comment

iedmo3j

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedmo3j/

Goodbye mindless consumerism

1comment

iedmknc

2s3qj

bitcoin

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

You can tell until the other side

1comment

iedmkek

2s3qj

bitcoin

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

Short term, yes. But forcing it to change? That's good.

1comment

iedmk5z

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedmk5z/

What's the risk-free return on bitcoin? Also, a lot of crypto-maximalists disagree that there is even such a thing as "risk-free return on dollars". (Which, while technically correct is also motivated reasoning)

1comment

iedmjhj

2s3qj

bitcoin

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

DCAing

1comment

iedmhrm

2s3qj

bitcoin

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

Point being the news is misinformation. Own up to it.

1comment

iedmfwy

2s3qj

bitcoin

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

Brother. Many thank you. Please send $10M in Amazon gift card to my cashapp

1comment

iedmfl7

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog2c1/if_bitcoin_were_to_consistently_rise_in_value/iedmfl7/

that is not a collapse, many people live with things they bought with DEBT. Deflation is hurting people with debt.. 1+1=inflation is good for people with debt. So get you numbers right and look to debt in USD - would make any sense for USD to be deflatory? Would you borrow money in BTC for you new car, if you knew that you will pay 10x time for it?

1comment

iedmdn2

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vog38o/here_it_is/iedmdn2/

My area is higher again on most of what you've listed starting from Nov 21

1comment

iedmdna

2s3qj

bitcoin

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

You’d spend it because you’d have to. You need to purchase things right?

1comment

iedmdjy

2s3qj

bitcoin

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

Thanks for the reminder.

1comment

iedmdja

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vohb6d/coinbase_inc_better_business_bureau_profile/iedmdja/

So why hasn't coinbase paid for such a review??

1comment

iedmd1a

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo5xrh/eu_bitcoiners_with_an_iphone_dont_get_caught/iedmd1a/

Yeah you’re right. my friend agreed w/ you too lol -said I wrote too loose it totally could be construed the *thread* said the phone thing And losing access isn’t losing the coin but yeah, same sloppy language I guess. Best you delete it then I guess thx ¯\_(ツ)_/¯

1comment

iedmcmg

2s3qj

bitcoin

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

Actually, I do think a world where people limit their consumption to mostly the necessities instead of spending frivolously on stuff they don’t need sounds quite good.

1comment

iedmcey

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/voke6t/us_cftc_charges_south_african_company_with_record/iedmcey/

Similar content has already been submitted several times. Please check the front page of r/Bitcoin and r/Bitcoin/new for previous submissions to help keep repetition to a minimum. You can also try using the search bar. 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

iedmc0n

2s3qj

bitcoin

https://old.reddit.com/r/Bitcoin/comments/vo0kv1/buttcoiners_have_been_waiting_since_2018_to_feel/iedmc0n/

Keep enjoying those pills bro. They've obviously led you to incredible decision making skills.

1comment

iedmbew

2s3qj

bitcoin

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

Similar content has already been submitted several times. Please check the front page of r/Bitcoin and r/Bitcoin/new for previous submissions to help keep repetition to a minimum. You can also try using the search bar. 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.