/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 0.2 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 X, YouTube, Facebook, Instagram, etc. are 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. Logo design by /u/Annihilia.

/r/Bitcoin

7,218,888 Subscribers

1

Best DEX for swapping other coins to BTC

Idk why but for some reason "E"T"H" is a forbidden word on this sub but im getting paid in that and I really just want BTC so what is the safest way to swap without bullshit taxes or fees.

Cureently dont wanna put shit on exchanges but if thats the only way possible then it is what it is

0 Comments
2024/11/08
17:33 UTC

2

Reliable legit BTC escrow service?

I am looking for an escrow service to help me as a buyer. The seller wants BTC and I want to make sure that we’re both safe. Are there any current escrow services that I can use? Tia

Edit: sorry I will not be answering private messages or chats about this, if it’s legit, please post it publicly

1 Comment
2024/11/08
17:20 UTC

0

Chat_117 - Bitcoin Threat Vectors on Final Settlement

0 Comments
2024/11/08
17:16 UTC

0

Where is Crypto Zombie

He is a really beloved Bitcoin advocate and has an awesome YouTube channel.

Seems like a great guy too. If anyone has any info, post it please.

K-dub, if you're out there.. please let us know!

0 Comments
2024/11/08
17:14 UTC

1

Strategic BTC Reserve…how?

Title says it all. How does the USGovt plan on acquiring 1m BTC? Assume they already have around 200k BTC that leaves a lot to gain. Exchanges have less and less for sale and if the USG actually started buying them even fewer people would sell. How much liquidity is available through OTC? Turn MSTR into a government owned company? 😂

3 Comments
2024/11/08
17:14 UTC

1

It's still the day one for crypto: The innovation adoption curve explains it

Hi everyone,

Everett Rogers popularized the concept of innovation adoption, explaining how new technologies spread among people. He identified key influencing factors, including the elements of diffusion, the process of innovation generation, attributes of innovations, rates of diffusion, the diffusion curve, adopter categories, and other related influences.

This curve encompasses five distinct adopter categories, showing how different population segments gradually embrace innovations.

These five groups of buyers and developers are categorized as follows:

  1. Innovators: Tech enthusiasts and pioneers.
  2. Early Adopters: Visionaries and forward-thinking entrepreneurs.
  3. Early Majority: Pragmatic users who seek practical solutions.
  4. Late Majority: Cautious individuals who are skeptical or conservative.
  5. Laggards: Traditionalists who are the last to adopt new technologies.

https://preview.redd.it/nx6aa9sjlpzd1.png?width=1033&format=png&auto=webp&s=4ab87f2fc7e63f9f652a98c8995e0fcda48349a1

There is an intriguing conceptual correlation between this curve and the halving cycles as follows:

https://preview.redd.it/6lywlbwnlpzd1.png?width=932&format=png&auto=webp&s=fa7c2ca87b637029a0a3557bb19c34f96f34c4c7

The tech enthusiast phase is fully closed and it's acceptable to think that we are in the middle of the early adopters phase with the new developments and ETFs to the mainstream. That means we have a long road ahead with a TAM(Total addressable market) of at least 70%. This is a huge opportunity!

Remember: Fortune favors the brave 🟠

0 Comments
2024/11/08
17:03 UTC

5

Gold Bug & Shitcoiner Mike Maloney now pretends he knew since 2014 that Bitcoin is the world's new best money, and he doesn't know Trace Mayer is another broke Shitcoiner.

0 Comments
2024/11/08
16:44 UTC

20

"First they laugh at you, then they fight you and then you win".

I would probably suggest we are in the latter of the aforementioned quote. What are your thoughts? Anyone here think we are in the former two? If so, why? Lets be respectful please.

Thanks!

14 Comments
2024/11/08
16:29 UTC

0

A questionnaire for /r/Bitcoin hodlers

I'm interested in Reddit bitcoiners wealth (no specifics).

There is only 4 questions: Salary bracket, Net worth (positive or negative, no numbers), Location (europe/us/etc) and bitcoin allocation in percent compared to other investments.

Here is a google forms link: https://docs.google.com/forms/d/e/1FAIpQLSfMnXOX4D-aEyZvstZ4a5QmNmyU4mzFzn2udYUCxByeKtCxGQ/viewform?usp=sf_link

Results are public and you can see them after answering the questionnaire.

Thank you.

2 Comments
2024/11/08
16:17 UTC

3

BlackRock’s Bitcoin Move: Will Derivatives Make Them Billions? with Cory Klippsten

0 Comments
2024/11/08
16:10 UTC

26

Why do the RICH get RICHER from inflation, while all of us get POORER? The Cantillon Effect, in 60 seconds 🫡

1 Comment
2024/11/08
16:05 UTC

0

Coinbase wallet

Has anyone had to pay 10-20% of profits to make a withdrawal using this platform?

2 Comments
2024/11/08
15:54 UTC

0

Bitcoins dark origin story! I made this video to orange pill Bitcoin to the masses. Would love to hear your thoughts!

1 Comment
2024/11/08
15:14 UTC

0

Bitcoin will power everything including AI

1 Comment
2024/11/08
14:38 UTC

0

Wallet security

Hello fellow bitcoiners! Is there any feature security or not that you would want for your bitcoin wallet?

0 Comments
2024/11/08
14:37 UTC

59

I just completed my first 4 year bitcoin cycle.

So happy and feel like this added a new lease on life and i'm much more optimistic about the future. Bitcoin really is hope.

18 Comments
2024/11/08
14:17 UTC

97

In March 2020, Bitcoin was trading at around $6,500 and is currently at $76,000. That corresponds to a factor of 12.

https://peakd.com/hive-167922/@blkchn/bitcoin-gold-marketcap

Gold still has a market cap factor of 12, but that may change soon.

22 Comments
2024/11/08
14:15 UTC

0

Strike sending btc

I tried sending my friend sats via strike. Turns out you can’t do that. It takes the sats you’re sending and it deposits fiat $ on their end instead of the sats it took. I’m coming to understand this is just how it’s set up and can’t work around it. Are there any other apps that are btc only where my friends and I can send each other nothing but sats?

Edit: I figured it out. Any requested payments (QR code or payment request) are automatically converted to fiat. The only way to send sats to sats is via unrequested payments. But you gotta have it set up as “unrequested payments received as btc”. Send it to their lightning address not the username. Username automatically converts to fiat.

5 Comments
2024/11/08
14:01 UTC

0

Donabit

Has anyone use and bought crypto off of the platform Donabit.com? Is it legit? Is it easy to get verified?

4 Comments
2024/11/08
13:52 UTC

0

Eaglesats alternative

Since eaglesats.com is offline, do u know any good alternative?

0 Comments
2024/11/08
13:32 UTC

0

Bitcoin t-shirt logo needed "infinity/21000000" which michael saylor wore on a podcast

Hi, can someone make a nice t-shirt logo for it please? I want to get it printed on a black tshirt. Preferably orange (stylish sort of) font. Much appreciated. Thanks

1 Comment
2024/11/08
13:24 UTC

0

Best cold wallet recommendations

Hi. I am a beginner and I am looking for the best cold wallet to secure my BTC. What are your recommendations? Also where to buy legit?

3 Comments
2024/11/08
13:10 UTC

22

SATOSHI - 0.7 - 16 Years Ago: "Each Node Votes for its Viewpoint...The Proof-of-Work Chain is Itself Self-Evident Proof That it Came From the Globally Shared View..."

0 Comments
2024/11/08
13:00 UTC

0

Personal Loans for Investments

I would like to take a loan out to buy more bitcoin before the turn of the year.

I would prefer to keep my bitcoin in cold storage. So, I’m ruling out collateralized loans that would require me to forfeit custody.

It seems like most lenders prohibit using personal loans toward investments.

What alternatives or work arounds should I consider?

8 Comments
2024/11/08
12:56 UTC

0

I have a question regarding mining.

Is starting a mining farm is profitable than investing into a company like 2M dollars. If you know any side hustles can you tell me. If that hustle is more profitable than mining or investing.

3 Comments
2024/11/08
12:50 UTC

0

Will the USA BTC reserve imply buying pressure

Trump said he would use the btc that have been seized for the reserve. But that’s not buying pressure. They already have it. Is there an actual plan to start buying for that reserve?

28 Comments
2024/11/08
12:00 UTC

0

Most trusted BTC exchanges?

Hi everyone, I have an account on coinbase but I often see bad things on this sub. Any advice on other solid exchanges I should have an account on? I was thinking of Kraken and Gemini, but I want more suggestions. I want to have 4-5 different platforms total in the end.

Edit: wow you really get DMs immediately.... cut the crap people, I am not answering

11 Comments
2024/11/08
11:43 UTC

274

Let's ride this wave folks

26 Comments
2024/11/08
11:33 UTC

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