/r/Bitcoin
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:
Sorted roughly by decreasing popularity.
Non-Bitcoin communities
Bitcoin Forum
Bitcoin Stack Exchange
Bitcoin Magazine
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.
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/r/Bitcoin
Hi all, I’m fairly new to crypto and was just curious if anyone else knows if this wallet is safe/secure? I’ve been using it for an about a year now and have had no problems. I was just curious what others think, and what if there is anything bad about this wallet that I’m not seeing?
Here is my prediction for this cycle. After a top to 240k I see a drop back to 60k . Then the process will start again. Let's see how it plays out yall. What do you all think? Where do we differ ?
My aunt had to have been amongst the first people to invest in bitcoin, she was dumping 1000s into it when it wasn’t even worth a dollar back in like 2010. She was telling our whole family it was the future and to do the same (no one listened 💔).
She unfortunately passed a few years ago from cancer, she wanted our family to have it after finding out it was terminal, her partner and my mom tried so hard with her to gain access to the wallet, but she couldn’t remember the passkey in her condition. Back then it was worth much less in comparison. As the price soars it becomes a tougher and tougher pill to swallow, that generational wealth is just a passkey away. So close yet so far.
Is there anything that can be done? Anyone who can figure it out would obviously be cut in on the action. Or is this more of a dark web question? I think that’s my only other option if Reddit can’t handle it 😂
(I’m cooked aren’t I 💔)
Hey I have like $100 in my cypto OKX wallet how can I put this seed on an exchange? This the 12 word phase OKX wallet gave me (image you tuition loan endless kit north item dice during home filter). It’s say Bitget not available in USA no more
its been 1 hr is it just cuz its taking long? or is it cuz it glitched? it says completed on blockchain.com not sure do i gotta wait longer? (like i checked the wallet address 10 + times now, its not wrong)
I am curious as to what the best way is to purchase bitcoin in 2024. Are you guys doing it through Coinbase? Another broker? I suppose one of the reasons I’ve strayed away from purchasing any is because I am not real clear on how to do it. Also, how is everyone storing it?
My friend invested $5 in bitcoin 2013 and not a dollar more as he wanted to "see what will happen in 5 years". didnt look at it until today and shocked to see he has almost $500..... he is now going full crypto....investing $12k every month since last month ......
The Crypto wave has started guys.....its the dawn of the age of crypto and AI
edit : he brought it on nov 29 2013 for $5 (1 BTC = 1100 aprx) when bitcoin was all the hype during that time (like it is now) because it had increased 1000 times more since start of jan 2013
just turned 18 been wanting to do this for a long time what exchange should I use?
Hello , just looking for a general consensus on weather or not it would be a good idea to sell off my CN stock for bitcoin as it is inevitably going up and up? Wwyd?
Found it in an old Dropbox account, has a password attached to it (not sure what it is)
I believe it’s a blockchain.com wallet. If I can’t guess the password is there anyway to brute force these?
Thanks in advance
with lowest fees?
Ik FOMO can a horrible mistress but the cheapest I’ve ever heard btc went for was 25 btc per .01$ idk that’s true or fantasy but could u imagine having the balls and foresight to invest even 100$ in 2009-2011?
US based. Going the self custody route, not through Coinbase. Where do I go? How do I buy using cash, card etc.?
What information am I providing to these places (my ID? bank account?)?
How do I spend it at a kiosk or store when they accept BTC?
Where do I sell it if I want to? How do I ensure I get the cash?
Thanks!
My questions are simple. What app/ service should I use for buying crypto? Bitnance? Coinbase?
And. How exactly does buying and selling work? If I choose to sell. How will I receive the money? How long will it take the money to be transfered to my back account?
Has anybody done this yet? I found that river will let you do thave to give them all the documentations for your business.
Just want to see if anybody else has done this yet
Asked about Bitcoin improvement proposals, like CTV, covenants, and vaults, Michael Saylor said:
"Every proposal by every actor... aught to be viewed with a lens of... is this essential? I don't see anything essential right now. Show me that it's essential to avoid the failure of the network. I think pursuing functionality for the sake of functionality in all these domains unleashes... opens a pandora's box of unintended consequences which likely will perniciously backfire to the detriment of everybody."
He goes on and on but clearly MICHAEL SAYLOR DOES NOT KNOW ANYTHING ABOUT BITCOIN'S TECHNOLOGY, AND DOES NOT SHARE THE FOUNDER'S GOAL OF A PEER-TO-PEER CURRENCY. He's not "speaking simply" for clarity-- he just doesn't know anything about it. He doesn't really have to, and that's fine, but don't take his dismissal of BIPs as coming from a place of knowledge.
He may be the ultimate hoarder of Bitcoin, but please make up your own mind about what you think Bitcoin should be. Please learn about some of the upgrades that are being proposed (some are simply re-allowing functionality that was present in Satoshi's original code). Lightning was only possible because of several controversial upgrades to Bitcoin's core code. Michael likely would have been against these at the time (he was anti-Bitcoin at the time).
Please check out podcasts and articles from people who have been around a long time, who use their time and energy to knowing more about Bitcoin and teaching others about it. Please listen to Guy's Bitcoin Audible with Jameson Lopp, on ossification.
https://fountain.fm/episode/CgMzjyNVCpRmq89MH5rB
Michael Saylor will go down in history for devising financial instruments to take advantage of Bitcoin, with some of the best returns of any publicly-traded company, and skyrocketing this leg of Bitcoin's popularity.
But please don't mistake the ability to talk for 80 hours about the history of money as a qualification to contribute to a conversation about OP codes.
Hi bitcoiners, I’ve imported my seed from Ledger to Trezor after the first’s battery died, I think it’s time to move some chunk to a Hidden wallet in Trezor (AKA passphrase, correct me if I’m wrong).
Keep stacking guys, you the best.
I'm 16 and in the UK looking to buy some bitcoin so I can make some money. I've tried surveys and games and made a few satoshis but now I wanna get some proper bitcoin but with my age there's basically no apps I can buy it on. If anyone could help me with an app I'd appreciate it, would be better if it allows me to use PayPal to buy. Thanks
I'm going back in time. 15 years to be exact. What would have been a reputable site to buy Bitcoin from?
Thanks, The Traveller
Hi all,
I've read the FAQs however I'm curious as a beginner. I want to obtain a cold wallet for the large bulk of my coin, and keep a hot wallet too for day to day spending.
Is it possible to use a VM with a cold wallet where the host contains the hot wallet? Is there a go to secure way to go about transferring everything like this?