That's it. Another way to make money for X.

Put another dime in. Pay only for what you use.

Could of course be extended to posting accounts, or count towards going for a fully paid member account, to incentivize new users to join up.

But it requires a real working cryptocurrency.

Bitcoin (BTC) continues to show its resilience, maintaining a strong position amidst market volatility. With recent price movements, we’re observing significant resistance levels around $98,000 and support near $90,000. Technical indicators suggest a possible breakout above $98,000 if volume spikes.These movements also impact other major assets like Dogecoin (DOGE), which often mirrors broader market sentiment. Traders should stay informed, as these shifts could signal opportunities.

Exchanges among other large market players have maximized these movements as seen in the likes of Bitget which is currently running campaigns aligned with trending coins. For instance, you can trade BTC, DOGE, and more to share in a pool of 400,000 DOGE airdrops.

Whether a trader or an investor, currently there are plenty of opportunities in the Crypto market.

How are you maximizing these times whether you are trading or holding potential coins?

As the text says, I had made a dumb mistake about a month ago and I put my key into a website thinking it was legit. 1.3k later and a few days ago I see that it’s all gone. What can I do to try and get it back? I made a report on the FBI’s cyber security website, anything else I can do? Thanks

Posted on r/btc because bitcoin won’t let me post for some reason

Hey guys.

Are payments in btc gaining popularity?

Did you have such an experience?

If yes, please share it with me!

Don't trust my headline numbers, verify them for yourself.. What follows below assumes that you already have, and are ready for the next journey of the thought train. Hop aboard!

Circulating supply is something like 19,790,568 / 21,000,000 , or 94.241% .

About 5.759% remaining to be issued (mined) over the next decades unless BTC developers change the issuance schedule / maximum coin supply.

These numbers don't tell us what is going to happen in the future.

But they do tell us something about the world today.

Bitcoin as an asset is concentrated in very few hands.

What if we distribute the remaining 5.759% only to those 99.875% of the world who do not hold any substantial amounts in BTC today ... ? Would that improve things?

Let's do that math.

99.875% of (8B - 5M^* people) = 7,995,000,000 people x 0.99875 = 7,985,006,250 people (who currently hold no substantial BTC)

5.759% of (21M - 19,790,568) bitcoins = 1,209,432 bitcoins

How much would each of those new holders be able to get if it were somehow magically distributed equally^+ ?

(whips out calculator)

1,209,432 bitcoin / 7,985,006,250 people = 0.00015146287 BTC / person

How much is that per person in today's prices? (let's use $100K / BTC to be generous)

That is $15.15 (rounded up).

I think you can see that it's not going to make an appreciable dent in their lifetimes. Even if it goes up in price x 10. In short, it wouldn't be able to make an appreciable portion of humanity into significant holders of BTC as a "store of value". And that is purely from the cold hard, mathematical facts of Bitcoin supply as we know them. I'm not even going to speculate on whether it's practical to own $15 worth of bitcoins in the future when today's BTC apostles already warn that withdrawing less than $1000 into self-custody might end you up with losing a large amount of it to network fees in future, or getting funds stuck completely (dust).

The only thing that could achieve making an appreciable portion of humanity into significant holders of BTC as a "store of value", is some type of redistribution (I'm not saying it has to be forced or otherwise under terms of non-voluntary exchange) from the existing BTC wealth holders to a significant part of the rest of humanity.

And that's not going to happen without A LOT OF EXCHANGE.

Which is why Bitcoin would need to become a very good medium of exchange, if it's going to be able to distribute that wealth around to become a true reserve currency.

UNTIL WE MEET AGAIN

^(REMEMBER YOU ARE ALWAYS WELCOME TO POINT OUT WHERE YOU THINK I'M WRONG)

(*) minus the ~ 5M who hold some substantial amount ($10K or above in today's dollars)

(+) equal distribution is of course wishful thinking for all we know, in practice those who already own a lot have ways to accumulate faster, and this just means the real distribution will be skewed towards them and not to today's have-nots, and has even less chance of making a significant dent in people's "store of value" determinations.

XRP ETF filing: https://www.forbes.com/sites/digital-assets/2024/12/02/ripple-suddenly-braced-for-an-xrp-etf-earthquake-after-price-explosion-to-rival-bitcoin-and-ethereum/

Grayscale seems to be dragging their feet regarding converting their BCHG fund to an ETF since the DCG company that owns them is arbitraging the premium of their inefficient fund. Massive conflict of interest. Once someone else files, they will probably try to match it with their own application.

Once BCH gets an ETF, then options, which are basically cheap loans will skyrocket it more. Added bonus is the liquidity will actually help merchants and payment processors.

I just got banned. So touchy! I didn’t say anything mean. I can’t even remember what it was. How about you?

Lots of changes since our most recent update!

NanoGPT update

UX improvements:

- It's now possible to add a system prompt (for all models except Claude/Gemini ones)

- There's a dark/light mode switch next to new chat

- Export chats as PDF or Markdown by appending ?export=pdf or =md to the URL

- ALT + C for new chat, ALT + I for new image (Option C and Option I on Mac)

New models:

- Qwen QwQ 32b is Alibaba's answer to OpenAI's o1-preview. It "thinks", and only starts outputting later.

- OpenAI and Google released about 4 new versions of ChatGPT/Gemini, to constantly overtake each other on the leaderboards (we immediately push their newest version live every time). Google also released LearnLM, a model focused specifically on helping people learn new skills, which of course we added.

- Alibaba's Qwen Max, Qwen Large, Qwen Long and Qwen Turbo have been added, very low prices and up to 10m token context. Almost no other provider offers these models.

- Step-2-16k, another Chinese model, is also pretty much only available through us. It scores extremely well on the LiveBench comparison, and is very popular in China.

- Mistral Large and a ton of open-source models got added. These include many Roleplay/Storytelling models (more on that below) and two "abliterated" models, versions of models that have been finetuned to remove limitations and biases. They're uncensored versions, essentially.

Cool integrations:

- SillyTavern is an open-source front-end that many people use for roleplaying. Dylan was kind enough to do a pull request and add us in, so we're now natively supported and suddenly have a lot more users that are interested in roleplaying models, hence also the additions.

- "battleofcoins.com" lets you pick crypto, pick models, and have the AIs discuss and debate which one is best over multiple rounds. Very fun implementation, you can pick any selection criteria you want.

More:

- We added lots of additional payment methods: Binance Pay, Coinbase Wallet, ETH + L2s, and a lot more. This is likely the last additions we did for a while there, since anything else feels like diminishing returns.

- We released payment stats on how much the different crypto were used. I'll add this into a comment because I'm afraid links will get the post removed. Bitcoin Cash adds up to 6.1% of the volume with 3.0% of the transaction count. Bitcoin Cash was one of our first additions and we see usage of it growing, but usage on other chains is currently growing faster.

Also important for many of you: we have a working branch with file uploads. It can take excel files, pdfs, documents etc. We want to release it as soon as possible but it's also a change that needs quite a bit of testing, so we don't want to push it too soon and get people annoyed at how badly it works.

Any questions I'm all ears!

I noticed that with each day BTC dominance is lower and lower. This is incredible but psychological barrier of 100K$ is so huge. No one wants to buy at that price so everyone go for alts. Interesting thing will happend after it will crush that barrier maybe at 105K$. I guess for some time it will suck entire alt market like a black hole and after this we have true alt season

Is this group a bitcoin cash sub masquerading as a bitcoin sub? Seems that the large majority of the posts are about Bitcoin cash or other shit coins.

Inspired by other discussion on this sub. My question, for serious responders:

BTC folks claim it must be a store of value first, then later it can become a medium of exchange.

They claim that BCH is trying to go about it the wrong way, by wanting to start as a medium of exchange.

So, what is stopping BTC from becoming useful as a medium of exchange, like BCH?

Isn't BTC already a store of value, so now it's high time to move on to becoming a medium of exchange?

In 2017, Steam answered this question (for themselves, and at that time) by saying "high fees and volatility in the value of Bitcoin".

For those interested in the longer version:

In the past few months we've seen an increase in the volatility in the value of Bitcoin and a significant increase in the fees to process transactions on the Bitcoin network. For example, transaction fees that are charged to the customer by the Bitcoin network have skyrocketed this year, topping out at close to $20 a transaction last week (compared to roughly $0.20 when we initially enabled Bitcoin). Unfortunately, Valve has no control over the amount of the fee. These fees result in unreasonably high costs for purchasing games when paying with Bitcoin. The high transaction fees cause even greater problems when the value of Bitcoin itself drops dramatically.

Historically, the value of Bitcoin has been volatile, but the degree of volatility has become extreme in the last few months, losing as much as 25% in value over a period of days. This creates a problem for customers trying to purchase games with Bitcoin. When checking out on Steam, a customer will transfer x amount of Bitcoin for the cost of the game, plus y amount of Bitcoin to cover the transaction fee charged by the Bitcoin network. The value of Bitcoin is only guaranteed for a certain period of time so if the transaction doesn’t complete within that window of time, then the amount of Bitcoin needed to cover the transaction can change. The amount it can change has been increasing recently to a point where it can be significantly different.

The normal resolution for this is to either refund the original payment to the user, or ask the user to transfer additional funds to cover the remaining balance. In both these cases, the user is hit with the Bitcoin network transaction fee again. This year, we’ve seen increasing number of customers get into this state. With the transaction fee being so high right now, it is not feasible to refund or ask the customer to transfer the missing balance (which itself runs the risk of underpayment again, depending on how much the value of Bitcoin changes while the Bitcoin network processes the additional transfer).

At this point, it has become untenable to support Bitcoin as a payment option. We may re-evaluate whether Bitcoin makes sense for us and for the Steam community at a later date.

I'll keep this simple: They can only get an IOU.

Anything else would not be economical.

A real economy is a BCH.

To the downvote brigade:

You can fool all the people part of the time, or you can fool some people all the time, but you cannot fool all people all the time.

It’s fairly clear that someone is manipulating the crypto markets to swing it. Even Bitcoin which was said to not easily be manipulated.

I’m out. Enjoy the rug pull. I’ll see you again at 53k

Newbie here I’m curious where I can learn more about BCH and what’s to stop price manipulation and the price of BCH going to $10,000+ based on speculation with wild swings that encourages people to just sit on it as an asset instead of using it as intended?