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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
This is a subreddit for discussion of forking Bitcoin to allow a free-market and consent-based approach to Bitcoin's / Bitcoin Cash's progress. In Bitcoin Cash we brought together like minded people - users, developers, miners - to carry on the experiment that is Bitcoin. We stand ready to fork again should it become necessary to protect Bitcoin to ensure the option of peer-to-peer electronic cash can survive and thrive.
Bitcoin mentioned around Reddit: Bitcoin, free markets and the transhuman revolution will end governments and the suppression of the individual. The sex robot revolution going to wake a sleeping giant by pushing billions in funding i /r/MGTOW
Bitcoin mentioned around Reddit: Such a high market cap but the DigitByte Gaming website doesn't even work, hasn't worked properly for months, I tried getting my free tokens many times and it didn't work. So why the sudden rises in p /r/Digibyte
When the market dropped last March, my net worth dropped by over a million dollars (-22%)
I’ve been retired for 2.5 years now, and I pop in here from time to time to tell people how things are going. I do it because I am encouraged to do so (by you nice folks) and I like to share what I learned so far. Feel free to ask me anything you like. My first post - a 1 year in reflection + FIRE story And my 2 year follow up here I’m a patient person, a future-oriented person, and these characteristics helped me to persist in the long-term planning I did when I was working towards FI/RE. It helped me hold on to my investment in crypto as it soared (Stick to your plan, man: I took some profits, which is how I jumped the queue to FIRE earlier than expected and with more than I needed, though I was heavy on the FI/RE path before that). I am also a semi-rational person (I think), who has played out a number of scenarios in my head many times. In fact – I had to do that to feel confident to retire in the first place. What if ____ (fill in catastrophic thing) happens?… each time I figured out how I would survive and most of the survival plans fell out to: keep cool and sit tight (a couple of them included “and go back to work.”) Considering how the stock market and economy in general are cyclical, I had gone through the “what do you do when there is a crash and your net worth drops significantly?” (note the crash part is not “if”, but “when”). The answer, as previously mentioned, was “sit on the porch and watch your sunflowers grow.” There was a conversation in (I think) one of my posts last year where after the market had dropped a small amount I mentioned I had just chilled through it (while others flipped out and panic-sold and were then kicking themselves) and someone on here snarkily replied “well, wait until you see a REAL drop, then we will see what you do!” Well Snarko VonSnarkington, this post is for you. As you might recall, the month of March was brutal, with many days showing huge losses in the stock markets. Not only did the market drop precipitously but my historically uncorrelated asset bitcoin shit the bed as well (a universal rush to cash?) leaving me just over $1M poorer net-worth-wise. My portfolio consists of real estate (my old house that I now rent out), index funds, and bitcoin. I outright own my current house (sold my bond funds to buy the house) and a piece of shit truck that I love. I also own a cat free and clear. So what did I do as my portfolio took a double barreled shotgun to the face?!?!? Not a goddamn thing. Ok, that’s a lie. I loss-harvested 90k worth of index funds which have since recovered and then some. I held tight. I held strong. I built shelves for my workshop out of salvaged lumber. Psychologically I have to say I felt off – it was not fun, and it was not Zen (though I tried brother, I tried). I had to argue with myself “well, this is one of those situations that test your mettle, meboyo…” and “wow, how is this going to play out… nervous… yuck…” but even though I experienced emotions, there was never even the option in my mind to sell in order to protect capital. It never appealed to me as a wise option and I had no compulsion to do so. For years I have made an informed decision to commit to this strategy I believe in, and damnit I am going to stick by it. I own my house. I know how to cook. I have health insurance and a rainy-day fund. I am retired, by design, because I stick to the plan until it no longer makes any sense – and this was a case where it looked like things were going to be ok (maybe it will take 3 years, but ok nonetheless). I had no idea we would see a stock/crypto recovery so quickly. By the end of this August when I updated my monthly spreadsheet, I had crossed back above where I was just before the crash. As of last week my net worth is 10% higher than it was before the crash. I also used the confusion in the marketplace in April to buy a beautiful old house to live in (and it has a huge detached workshop!) in a new, lower COL city (with cash, at a discount). Who the hell knows what happens next with this economy, politics, health, meteors, and the old Gods of Cthulu, but I’ve got one “been there, done that” under my belt now and I feel like I played it well by not playing at all. If anyone is looking for me, I’m out back in the workshop, making smoke and dust and a general mess as I teach myself woodworking and metalworking to enhance my primitive art constructs. Feel free to ask any questions, and when shit gets weird, remember to breathe.
Bitcoin mentioned around Reddit: Seen on a Liberal FB page. Thought it was funny that they want a free market option for things they don't like or want, but what they do like and want they want for free from the government. /r/Libertarian
Market capitalization (often shortened to market cap) is the approximate total value of a cryptocurrency, typically shown in US dollars. The market cap of a cryptocurrency is calculated by multiplying the number of coins or tokens in existence by its current price. And perhaps that is the indication of free market and capitalism - the market prefers having some uncertainties and having some unknown territories from Bitcoin itself - that comes with costs which are certainly not free and not stable, but the world itself is not in a stable mode, as of 2020 there are tensions between the UK and Europe in regards to Brexit, the Coronavirus this year has shut ... Market capitalization (often shortened to market cap) ... Buy Bitcoin Free Bitcoin Cash Trade Locally Earn Bitcoin. Spend Bitcoin. Sell Bitcoin Bitcoin Cash Map Games. Bitcoin Data. Block Explorer Markets Tools. Follow. News News Telegram YouTube Instagram Twitter Forum Reddit Podcasts Facebook. Company. About Advertise Press & Media Events Careers Freedom Blog Contact Partners Support ... I'm sure some people will look at me like a looney for suggesting this, but add the "risk free bond market" (basically bonds issued in the currency of the issuer - nominally risk free, but not risk free in real rates) to the list of markets bitcoin could intrude on in terms of a store of wealth. The US bond market alone accounts for about 35 trillion (edit - I derped and should clarify that ... Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world.Also, keep up with your holdings, BCH and other coins, on our market charts at ...
The Truth About Forex Trading, Bitcoin Mining, And ...
Forex Trading, Bitcoin Mining, And Cryptocurrency Will NOT Make You Rich If You Don't Have A Lot Of Money. What Will Make You Rich? Click Here To Sign Up For... Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X Bitcoin is the first decentralized digital currency. All Bitcoin transactions are docume... Bloomberg Markets and Finance 907,556 views 29:20 The USA 🇺🇸 JUST Suggested Some SCARY Regulation for Bitcoin Holders [Both The Fed & Treasury SPEAK] - Duration: 10:33. Bitcoin, Cryptocurrency, Finance & Global News - Market Update February 9th 2020 In this week's market update we cover all the latest headlines from Australia, US, China, Europe & other regional ... We are not just a platform that updates on the market, but we have you updated on the latest bitcoin mining, Altcoin Mining and cryptocurrency mining in general. You can watch the market LIVE ...