/r/Bitcoin

Photograph via snooOG

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.

If you are new to Bitcoin, check out We Use Coins and Bitcoin.org. You can also explore the Bitcoin Wiki:

Community guidelines

  • Do not use URL shortening services: always submit the real link.
  • Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy.
  • News articles that do not contain the word "Bitcoin" are usually off-topic. This subreddit is not about general financial news.
  • Submissions that are mostly about some other cryptocurrency belong elsewhere. This subreddit is exclusive to Bitcoin.
  • Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted.
  • No referral links in submissions.
  • No compilations of free Bitcoin sites.
  • Trades should usually not be advertised here. For example, submissions like "Buying 100 BTC" or "Selling my computer for bitcoins" do not belong here. /r/Bitcoin is primarily for news and discussion.
  • Please avoid repetition — /r/bitcoin is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system.
  • Do not post your Bitcoin address unless someone explicitly asks you to.
  • Be aware that Twitter, etc. is full of impersonation.

Related communities

Sorted roughly by decreasing popularity.

Non-Bitcoin communities

Join us on IRC

web.libera.chat #bitcoin

Other Bitcoin sites

Bitcoin Forum
Bitcoin Stack Exchange
Bitcoin Magazine

Download Bitcoin Core

Bitcoin Core is the backbone of the Bitcoin network. Almost all Bitcoin wallets rely on Bitcoin Core in one way or another. If you have a fairly powerful computer that is almost always online, you can help the network by running Bitcoin Core. You can also use Bitcoin Core as a very secure Bitcoin wallet.

Style sheet credits

The CSS used by this subreddit is the Erdune Theme modified by /u/Annihilia and /u/konkedas. Logo design by /u/Annihilia. Check out his other work here.

/r/Bitcoin

6,788,580 Subscribers

0

How screwed am I?

Hey all,

Recently when reviewing an old drive I had I realized there was an unencrypted Bitcoin classic wallet that contains what is now worth around $550. The problem is this is on a windows 8 machine and Bitcoin classic is discontinued and I’m not sure how I can export the wallet to something newer like electrum as simply copying the exporting wallet.dat file I’m given and then importing with electrum gives an error that the wallet is not in its correct wallet directory. I also now run Linux instead of windows but am able to fire up a windows WM or dual boot on my laptop if necessary.

Does anyone have any idea if I can still access these funds with the changes to Bitcoin classic back to legacy and discontinuation of the wallet? I’m trying to sync now but from dev notes appears it won’t be able to fully sync with the modern chain. Im currently like 9 years and 6 weeks or something back while syncing lol.

Thanks for the help anyone, these funds are gravely needed as I recently and suddenly lost a job I loved and that provided more money than I’m able to find most places at the moment so this money would be a blessing. Thanks so much again.

1 Comment
2024/07/13
15:31 UTC

4

Transaction pending for 4-5 days…

I know there are other posts about speeding up the transaction, but I used the Blockchain App and there is no option to do so. Sent a normal amount of bitcoin with the standard fee I always use. Didn’t do anything differently than what I normally do. Can anyone help? Transaction has been pending for almost 5 days now. I confirmed on the blockchain.com website that the transaction is confirmed and is “Pending”. PLEASE let me know what I should do here….

3 Comments
2024/07/13
13:54 UTC

89

US Senator wants Bitcoin as a strategic reserve asset 🔥

10 Comments
2024/07/13
13:46 UTC

0

How to send BTC without being so transparent?

I'd like to send some BTC to someone. How can I do this without them tracing my transaction and ultimately seeing my amount in my wallet, and vice-versa?

Do I have to get a new cold storage wallet and go to one of those kiosks in a random gas station to use fiat to purchase, then send that to my friend?

Thanks for suggestions. So far I've never sold nor moved money out from my cold storage. I really don't plan to, either, but eventually it'll happen.

7 Comments
2024/07/13
13:45 UTC

29

David Marcus: “In 10 years, every company in the world that needs to send payments cross borders will use Lightning to do that… either knowingly or unknowingly.”

2 Comments
2024/07/13
13:44 UTC

1

How to get started?

So, I would like to invest $280 into Bitcoin every month until 2027. I plan on buying from cash app. However I'm not sure if it is safe to just keep it in cash app? I've read that it's best to keep in a offline wallet but, is it really necessary? If I do get a personal wallet, is the Trezor safe 3 on Amazon a good wallet? What else should I consider before investing in Bitcoin?

8 Comments
2024/07/13
13:37 UTC

4

BITCOIN This Week: News Clips From The Past Week of Bitcoin in The Mainstream News and Beyond

0 Comments
2024/07/13
13:35 UTC

39

Buying a beer with Bitcoin in Lugano Switzerland with Matt Odell

9 Comments
2024/07/13
13:28 UTC

0

Is Lightning Network Secure for Cold Storage?

Hi, I've a question about Lightning Network.

Is it secure to withdraw using Lightning Network to my cold storage wallet? I've read a few articles and it said Lightning nodes should be online. How about wallets? I'm planning to add my withdrawal adrresses on my online laptop as watch address.

My cold storage idea: I've an unused laptop and planning to install a Linux Distro on it (Offline) and transfer Electrum Wallet (also offline) on it. I'll have paper back up (Seed) also I'll have USB drive wallet back up (encrypted with pw) & Electrum SW.

7 Comments
2024/07/13
13:23 UTC

310

Some random send 0.00003210 Bitcoin to the German BKA government wallet after they sold them.

95 Comments
2024/07/13
12:32 UTC

0

Custom Ledger Case Nano S Plus & Nano X. Any Suggestions ? 🛡️🗝️

4 Comments
2024/07/13
12:20 UTC

1

Strike UK

Has anyone signed up for strike in the UK?

Made an account over a week ago and still not heard anything back. Anyone got any idea how long the approval process took for them?

2 Comments
2024/07/13
12:09 UTC

55

Random people are paying in few $$$ worth to German Government BTC wallet

10 Comments
2024/07/13
11:46 UTC

0

I bought a laptop with this file, what is that and how can i withdraw this?

21 Comments
2024/07/13
11:28 UTC

10

I feel like I must be doing this wrong…

For the last few months at least I’ve been seeing exorbitant fees on Kraken - 4.95%!!!

That’s insane. Am I doing this wrong?

43 Comments
2024/07/13
10:49 UTC

5

Germany official has Sold/Transferd al Bitcoin. What are we thinking about that?

24 Comments
2024/07/13
10:35 UTC

5

Why Bitcoin Matters

Bitcoin is more than just a digital currency; it’s a revolutionary technology that promotes decentralization and financial freedom. What excites you most about Bitcoin?

3 Comments
2024/07/13
10:28 UTC

1

Lightning wallet?

I wonder how many of yall use lightning wallets to pay for daily needs. I am trying to inculcate this new habit of asking all the new vendors i come across that do you accept bitcoin? I suppose if a huge number of people start doing this, its only for greater good. I’m doing this in area’s near Hammersmith, London since last 3 months and have got one newly setup business to start accepting bitcoin through lightning:) Thoughts?

2 Comments
2024/07/13
09:39 UTC

94

Germany is Finally Broke !

19 Comments
2024/07/13
09:35 UTC

4

Searching a Job in Bitcoin/Crypto sector; living in Germany, 30 years old

I am looking for a job in the Bitcoin/Crypto sector. I have professional experience in finance, accounting, and marketing. I have completed vocational training in commercial office management and am seeking a future-oriented job in a company involved with Bitcoin/Crypto. I am also open to entering a position as a career changer. Does anyone have experience or tips on how I can find such a company and start a job there? I live in Germany and am 30 years old. Due to my great personal interest, I have accumulated a lot of knowledge and am currently pursuing a portfolio management express course where I learn about investment and trading strategies. I will also be attending BTC Prague next year (2025). I am open to any help and happy to hear from you.

Greetings and thanks

7 Comments
2024/07/13
09:18 UTC

0

Seed Phrase Backup discount - Coinplate flash sale

Coinplate has a flash sale on all their products - you use code SUMMER to get 15% off

Coinplate is a maker of ultra durable seed phrase backups, like Coinplate Alpha

The sale is active only today and tomorrow (ends on Sunday 14 July)

https://getcoinplate.com/

https://preview.redd.it/kfgcb4qp59cd1.png?width=1200&format=png&auto=webp&s=711456bdb589ab0d9728006f4106cef4bbe87169

0 Comments
2024/07/13
09:11 UTC

59

a dumb people explanation why "GERMANY HAD TO SELL BITCOINZZ"

the federal police liquidates those assets. they have to. same with all other assets. if the government wants to have specific asset classes they need to decide it politically via parliament not because they seized some criminal guys assets.

27 Comments
2024/07/13
08:49 UTC

372

Imagine selling now

151 Comments
2024/07/13
08:46 UTC

0

Bitcoin v Bitcoin CFD

Currently I'm buying fractional amounts of Bitcoin as CFD's.

Just wondering if I should switch to a platform where I'm buying actual Bitcoin? Is there an advantage to this? Honestly I'm not interested in using it as a currency or transfering it to a wallet. Purely as an investment. But wondering if I'm in a better position owning actual coin rather than CFD.

4 Comments
2024/07/13
08:30 UTC

2

The money you USE determines the way you THINK!

0 Comments
2024/07/13
08:24 UTC

0

Uninformed Bitcoiner: If BTC is such a forecasted value why is Germany selling them?

Am i missing something? I would imagine hoarding BTC is the move.

28 Comments
2024/07/13
07:22 UTC

13

Just got my bits.

I was busy with life but bitcoin kept asking for my attention so I raad about it. I am a dreamer, and I appreciate freedom. So I was convinced after doing some due diligence.

It does fit the vision for the next phase of human development. Just the idea that we can travel freely and be using a unified currency is just so good and so valid. Truth always wins! Because the limits of freedom that we have today are rooted in our own fears.. and thieves thrive of that fear, limiting our freedom more. Once we decide to get rid of them, we will live our full potential.

It so happened that the germans were selling giving me a good discount for entry.

It is also great to connect with like minded people. Because if you buy bitcoin because you believe in those values.. you believe in truth, goodness and oneness of humanity, then we are family.

9 Comments
2024/07/13
06:57 UTC

14

Daily Discussion, July 13, 2024

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Please check the previous discussion thread for unanswered questions.

25 Comments
2024/07/13
06:01 UTC

1

How reliable is Arkham Intelligence platform?

For some well known entities it shows accurate BTC holdings, but for example, for Microstrategy it shows 79k BTC, while it's publicly known that they hold more than 200k BTC: https://platform.arkhamintelligence.com/explorer/entity/microstrategy

6 Comments
2024/07/13
04:45 UTC

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