What if we change the bull run from higher (Creed) to pump it (black eyed peas)?? Could we??

I saw a British TV show on YouTube on guy who lost 8,000 BTC in the landfill. In the show they quickly showed his computer and his address with the 8,000 BTC. It is at 4:10 in the video.

https://www.youtube.com/watch?v=cZr97E5PgzQ&t=232s

I realized it was the same address discussed in this YouTube video below from 5 years ago where the poster was wondering who in the world mined 8,000 BTC and had not touched it. This is that video...

https://www.youtube.com/watch?v=9G3Sz3LbEUM&t=293s

In the first video it appears he was keeping his keys on a single EXTERNAL hard drive? I have three questions....

1. Did many people mine coins back then on external drives? Or on their main computer drive and then save a backup on an external drive?
2. If someone wanted to mine for a year back then, if one had a proper backup (which he clearly did not) then would it have been just as safe to mine on one drive or would it have been wiser to use different drives and completely different addresses?
3. In 2009-2010, was there any malware stealing keys off people's drives or because BTC had no real value, that had not begun yet?

Thanks!

So this channel has been hacked, and currently there is nearly 60k live watching it, and maybe half not realizing that is a fraud. How can this happen, and YouTube allows it?: https://www.youtube.com/watch?v=Y8XMTAxFuPE

https://www.blink.sv/blog/bitcoin-halving

Anytime someone is asking for advice on what to do I always say, “rhymes with pitcoin” 😂cuz if you mention Bitcoin your comment is removed. Spread the word! Stay humble, stack sats

I had some interesting convos with some bitcoiner friends, just about sharing how we first got into bitcoin. mostly we had a friend recommend and coach us through the process.

it got me thinking, as a bitcoiner, i am kinda okay to share some bitcoin habits with my close friends as a way to get them going lol. obviously i wouldnt share so much information with strangers but i have already shared when i buy, how much and what wallets (hot or cold) so they can adopt too.

what do you think, is it generally like "share nothing but get them to buy on their own", or do you tell them when you buy or how you buy if they show genuine interest and will probably be a casual bitcoiner

Funny but real situation.

A friend who bought bitcoin back in 2017, and being a totally beginner in the matter, wrote only the first syllable of the 12 words of his seed. But the word order is right. He found the notebook where he wrote them until only recently and asked me for help.

Me, being a programmer and fellow bitcoiner, already run the numbers and there is around ~ 49 million possible combinations. Which in bitcoin numbers, is not that big.

I wrote a Rust program that runs through the combinations, gets the seed, master key, and derives the private and public key of each combination using BIP32 and BIP44.

Now, my question is, which is the most efficient way to check which combination derives an address that holds his BTC. I have a Bitcoin node running at home. So i was thinking to check against it.

I have a fairly knowledge about the mechanics of Bitcoin but I am not the expert (still learning)

Any help or ideas would be much appreciated.

I already know about not letting anyone DM me and try to scam me :) Thanks

Happy Halving btw :D !

Why I can’t send my fund from LN BLUE WALLET to other wallet. Usually I try 2-3 times before a good transaction. . But now I try 10 times and nothin. I try to send the 90% of the funds

• An early crypto miner moved 50 BTC, worth over $3 million, after 14 years of inactivity, with part of the transfer ending up at crypto exchange Coinbase.

• The transaction joins the few instances of "Satoshi era" bitcoin movements, following other significant transfers in 2023.

https://www.coindesk.com/markets/2024/04/15/bitcoin-from-rare-satoshi-era-miner-moves-after-14-years-of-dormancy/amp/

What do we think this means? Are they gearing up for a massive run up to offramp to fiat, or do you think they are selling in the 60's?

Just figured out I'll be in LA for the halving, are there any parties going on in LA/Santa Monica?

Any other halving parties around the world that want to chime in for the vibes?

What sites or books or blogs provide a fundamental understanding how Bitcoin mining is done and what the exact difference is between a normal PC doing it vs Asic miners.

I'd also like to know the formulas to calculate time it would take to mine a block solo.

And what does prime numbers have to do with Bitcoin if at all?

I can buy bitcoin through my online broker, CMC. I believe I wouldn’t actually be holding BTC though in the same way as buying BTC etf’s.

If I have no intention of using BTC as a currency, I’m holding purely for capital gains purposes then does anyone see a problem with this?

Would you still choose to hold actual BTC?

Bitcoins price seems to fluctuate. We've seen it between 60ish-ATH the last few weeks. How does a company adopt the Bitcoin standard without going broke. Bills need to get paid. If we're sitting on cash that needs to go to someone obviously if the money goes up you're not worried. But what happens when it drops 10k? How do businesses whether the storm? Obviously if they are holding and the price goes up it makes it easier to whether the storm. But what about getting off zero with little to no capital to invest, but they can start taking payments in bitcoin?

WAIT A SECOND.

You have a choice.

Option A: storing your money, time, and energy in a currency that is *mandated* to lose value every year via inflation.

Option B: storing your money, time, and energy in a currency that *mathematically guarantees* your money, time, and energy will never be stolen from you.

Let's make sure you make the right choice.

Here is what happens with Option A:

(spoiler alert: Option A is the U.S. Dollar and all other political currencies)

In 2023, you worked 40 hours a week and made $100,000 for the year.

You saved all $100,000 and kept it in the USD.

At 2% annual inflation (the mandated rate by the Federal Reserve), your money becomes worth $98,000 next year.

After 35 years, that original $100,000 is worth $50,000.

Inflation and the USD just said that you only worked 20 hours a week in 2023.

But you didn’t. You worked 40 hours.

Nope. Inflation says you only worked 20 hours.

The U.S. Dollar stole 1,040 hours of your time.

The U.S. Dollar stole 43 days of your work.

The U.S. Dollar stole $50,000 of your work’s value.

And that's at 2% inflation. Reality is much worse. And that's in the United States, what about countries with 40% inflation rates?

Horrifying.

You did nothing to deserve this other than existing in a monetary system where this is a reality.

The U.S. Dollar steals from its earners and holders *every* year.

Option B is Bitcoin.

Bitcoin is a monetary system that runs purely on code that cannot be changed by anyone, is rooted in the laws of physics and math, and is protected by a computer network that does 600 quintillion calculations per second.

Quintillion.

Per second.

That's the choice you are facing. Putting your money in a system that is constantly manipulated by humans and inflated away, robbing you of your time and energy, or putting your money in a system that can *never* be manipulated by humans and is secured by the largest computer network human civilization has ever seen.

Nobody can ever create new bitcoins, it was designed that way. This means your time, energy, and money can never be inflated and stolen from you.

Your time, energy, and money will always be protected from power-hungry and greedy bankers, politicians, and governments when you store your money in Bitcoin.

Throw that understanding together and then ask yourself this:

Would you rather store your money and have it go down in purchasing power every year, or would you rather store your money and have it go up in purchasing power every year?

https://preview.redd.it/6kxqw68fgouc1.png?width=850&format=png&auto=webp&s=6aa4f3e202a8d7e2ab011ce38bc82350b6bf46ba

When you sell, this is who you are selling to… The modern whale - big money. Open your eyes. They know what’s coming.