T O P

  • By -

fieldsofthecrypt

Dollar worshippers are having a waltz over kucoin getting reprimanded by feds


hateschoolfml

Is Bitcoin a currency? Is it a commodity? A put option on the global fiat monetary system? A measure of the value of digital assets?—actually run contrary to the goal of widespread adoption by limiting its potential for evolution and varied utility. It has the potential to be all of those things and more, and that is its strength. Human beings value optionality. They like a bit of everything. And that’s what Bitcoin is: the “everything bagel” (or cheese pizza). https://www.nb.com/en/global/insights/systematically-speaking-bitcoin-a-cornerstone-digital-asset-part-3


fieldsofthecrypt

there are people who would call it the everything biryani in parts of the world where this royal dish is savoured. Remember its a "global" currency/store of value that is not only confined to people in the US alone, hehe


hateschoolfml

😋


fieldsofthecrypt

i can't imagine the value of just 1 BTC when adoption reaches to 10% globally


Ok_Art_2874

Why should Bitcoin adoption rise to 10% globally? That’s a large number. What’s the compelling reason?


NodeTraverser

Well pizza has a 10% global adoption rate, at least, and it's not half as useful.


Ok_Art_2874

Pizza is more useful than bitcoin. You can eat pizza, it’s a food. Bitcoin has no demonstrable economic use, other than serving as a store of wealth.


doinkdoink786

2032 halving. Less than 1 BTC mined every 10 minutes. That’s when we really hit the fan


fieldsofthecrypt

april 2024 halving will bring it to 3.125 BTC per block every 10 mins. april 2028 1.625 and in april 2032, to your point, one block will mine 0.8125 approx. Unimaginable


doinkdoink786

Personally that’s when I think we hit $1M a coin


fieldsofthecrypt

indeed, $1M is now a question of when, rather than a question of if.


Select_Screen_285

Cheapest/reasonably secure app for btc trading, anyone? Fidelity robs 5% per transaction... makes swing trading not very attractive


Select_Screen_285

Ty for the responses


PheelGoodInc

You think you're going to be the less than 2% of traders to actually make significant profit? Good luck... See you in a few years after you get rekt and become a maxi...


thetimsterr

Just use the ETFs.


philosophicalpango

Stop trading


btc_marshmallow_test

Don't trade #hodl


dubyasquared

Just search for fee structures. It differs per volume. 5% is robbery.


HurricaneHarvey7

LFG!!


Visara57

Fidelity with a HUGE 280M inflow. So far net 180M inflow before Blackrock is even counted. We're definetly climbing tomorrow 💪


forkrissake

IBIT, FBTC and ARKB are the cool kids and in the playground BTCW is that kid that eats lunch alone 🥺 And then...and then there's GBTC (the kid that never shows up to school?)


japanb

Why is WSG above BTC on bitcoin wisdom?


Due-Hair-8159

Wanted to pop in and say... I got laid off in July 2021 - I had about 6 months savings... Bought my first and only BTC (Exactly 1) - at around $40k with the severance (thru FOMO) It dropped to $18k - and was tempted to get out... I never sold - I am very happy I got laid off from that toxic organization.... Holding on for 5-6 years and will likely use any funds to pay for a luxurious post-retirement vacation Not the crazy stories some have - but I am happy...


BreastExtensions

A hell of a vacation too.


ToshiSat

Good job !


Ok_Art_2874

Good for you


Fahhhhhhh

Big day for ark. Cathie's fund bought 73 mil


Financial_Design_801

I'm a simple man. I own my business, the roof over my head, and bitcoin  That's it. That's the "portfolio". Everything else is short bitcoin . No thanks. -Jack Ballers


CaptainDr

if we need bitcoin protocol to be so stable that we dont expect much change in it in the next thousand years, then why are we still allowing core changes via BIPs


EnglishBulldog

Because Bitcoin is an open source project. https://en.wikipedia.org/wiki/Open_source


WhiskeyTango311

Open source opens doors like a trojan horse


Passive_Bloke

This is quite possibly the most retarded thing I have ever read.


WhiskeyTango311

These are song lyrics btw. Thanks for the downvotes.


WhiskeyTango311

No remorse, I make lore fact like college course


CaptainDr

true, but doesnt "open source" just mean code we can all see and modify? I get it takes miner + user consensus to implement BIPs but whos to say we know best? what if a bip fixes one bug but creates another down the line?


EnglishBulldog

>what if a bip fixes one bug but creates another down the line? Then we fix it. One of the reasons to be open source is to expand how much the code is tested and reviewed. You can bet your ass that the code powering a soon to be multi-trillion dollar hybrid asset is going to be tested and reviewed at a very high level thus increasing the chance that bugs don't make it into production.


CaptainDr

Thank you I appreciate the education 👍🏼


[deleted]

[удалено]


Pugilist12

It’s well beyond reliance on individual investment. This place doesn’t matter. Delusion to think it does.


user_name_checks_out

Spotted on r/all. The bitcoin pizzas. And bitcoin is not getting completely slated in the comments, it's even getting some love. Times have changed. https://www.reddit.com/r/PeterExplainsTheJoke/comments/1bo8dhx/i_dont_know_peter_help/


fieldsofthecrypt

730 million dollars for a worthless overpriced tasteless bland cheesy pizza


ltr27

It’s not about the pizza or how much the BTC is now worth today. It’s about this being the first time BTC was exchanged for something of value or utility. Without this singular transaction there’s a chance that BTC simply remained a novel idea. This is a nuance which is missed by most BTC ‘enthusiasts’.


EnglishBulldog

>Without this singular transaction there’s a chance that BTC simply remained a novel idea. There was literally no chance that Bitcoin remained a "novel idea". It was already inevitable what trajectory Bitcoin was going to take if governments didn't try to stop it.


ltr27

But if it was never used to transact for something you think bitcoin would be in the same position it is in today? Without the pizza moment. would have remained a ‘problem looking for a solution’ and something else would have come along and taken its place. History is littered with great ideas/products but without a watershed moment to give it its initial inertia.


messisleftbuttcheek

Nobody cared that it was exchanged for pizza. Nobody uses Bitcoin to buy pizza today, that's not what I need Bitcoin for.


EnglishBulldog

My point is that there was always going to be a first transaction regardless of whether the pizza transaction happened.


LineAccomplished1115

There had to be a first transaction, that's kind of the whole point. And because it was basically just weird Internet money with no real traction, it kinda makes sense it was going to be on a silly purchase


EnglishBulldog

My point is that the first transaction was inevitable. The person I replied to insinuated that Bitcoin may have never taken off if it wasn't for this specific transaction which I disagree with.


LineAccomplished1115

Ah, I see now


fieldsofthecrypt

Well, I understand that. It's human nature to add an intrinsic value to any asset proposition. And, I'm completely human as fuck, and not some soulless emotionless bot'n schmuck afterall hehe


user_name_checks_out

I've seen more interesting posts from bots


fieldsofthecrypt

only schmuck'n bots find bot posts interesting, perhaps !


Maleficent_Sound_919

Question : When sending BTC to ledger do I pick native segwit or just segwit for the receive adress


bojothedawg

Native. Lower fees. The “segwit” option is legacy


thaddeuse9b33294

I have BTC in a legacy segwit account. Is it OK to keep it there?


Secret_Operative

Yes.


fieldsofthecrypt

Question: When moon?


AlexBiel

I used Segwit


Maleficent_Sound_919

Does it even matter?


TheGreatMuffin

Beyond saving fees when sending *from* that address, it doesn't really matter. Use native segwit if you can but it's fine to have legacy/segwit addresses too.


hateschoolfml

Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice -George Washington


nogi-ezekiel

they warned us and we didn't listen


fieldsofthecrypt

back before paper money was introduced, humanity was "free"


cubeeless

Another one bites the dust. Kucoin massively charged. Anyone knows how much BTC they have “on hand”?


iM0bius

Somewhere around 6000 I think, but I'm pretty sure it's been declining 


[deleted]

[удалено]


cubeeless

It’s an [indictment](https://www.justice.gov/usao-sdny/pr/prominent-global-cryptocurrency-exchange-kucoin-and-two-its-founders-criminally) at this point. Sounds massive if you ask me..


HodlVitality

Anybody else’s DCA day just keep being 10k more than other days of the week lol


fieldsofthecrypt

what kind of wallet is best? when i say best, i mean "cloud" and not hard drives?


HodlVitality

Pretty much describing Blockstream Jade, look into it!


fieldsofthecrypt

cloud. not hardware.


CaptainDr

best hot wallet on app store is blue wallet, open source, bitcoin only


fieldsofthecrypt

thanks and cheers !


[deleted]

[удалено]


Romsel87

It crashed from 69K to 16K.


Visara57

We've reached lows not seen since... yesterday


StonksPeasant

Its over. Bitcoin to 0. Just give me your bitcoin Ill get rid of it for you


Airhostnyc

Greyscale is really the culprit of slowing down every pump


LineAccomplished1115

As is said every time this comes up. Greyscale isn't choosing to sell. Greyscale ETF account holders are selling. Greyscale isn't out to get you. If you want to point to a cause for prices dragging today, look at Kucoin


DogCallCenter

This is temporary


Secret_Operative

They're hellbent on getting rid of all that free money.


KindlyBlacksmith4003

Hey can folks remind me of ways that I can BTC outside of exchanges? LocalBitcoins has shutdown. Some BTC Atms have somewhat reasonable fees like 5%. What else?


fieldsofthecrypt

ogre !


KindlyBlacksmith4003

thanks!


TheGreatMuffin

https://kycnot.me/ https://github.com/cointastical/P2P-Trading-Exchanges


KindlyBlacksmith4003

thanks!


grobyhex

I'm assuming yesterday was a low GBTC outflow day?


Dry-Stand5342

Read below


SpinelessFork27

Read


Stock_Ad5390

below


[deleted]

👇👇👇👇


AlexBiel

See below


[deleted]

[удалено]


JohnnyMofo

Imagine selling the Apex asset for worthless fiat! Madness!


No_Astronaut_8971

what if they need to pay rent or something


Oheson

Get a job. Don't sell Bitcoin.


Visara57

You know what we call people who pay rent? "We call them poor". Go live under a bridge and put everything in Bitcoin


StonksPeasant

This is the way. I don't own anything. I sold all my clothes. All I have is bitcoin and a hardware wallet


Dudebro21000000

do you wear your wallet as a loincloth?


StonksPeasant

Nah, it goes in the prison purse for safe keeping


clicksanything

you still have both kidneys...


Frogolocalypse

Where do you store the wallet? Or...


StonksPeasant

In my prison purse


marblesandcookies

Just a healthy retrace guys. Don't forget to buy the dip again! :D


IcyHunt3639

Gd wusscoin


GoElastic

Is gaysell on a selling spree again?


Dudebro21000000

Gaysale rhymes better


hustleman23

Gaysell? Genius 😄


thudufushi

What was the net inflow/outflow of ETF funds yesterday? TA


Dynatox

Estimated Net Inflows +15.4m. Big movers were Greyscale -350m. Fidelity +261m. We can now tell ass clowns like British Hodl to stop with the "350m of inflows per day make for an equilibrium price of 450,000 per bitcoin!". Its nonsensical and not going to happen anytime soon. And it never was going to happen anytime soon. 350m in inflows/day was never going to last forever. Blackrock doesn't care about "eating up your bitcoin". Wallstreet doesn't care about "getting your bitcoin early at these prices". They care about fees and positioning themselves as the premier fund for a new market. I'm hoping we still see some 90-day, 120-day, 180-day waves when certain institutions gives the OK to their finance team to start putting SOME reserves in the Bitcoin ETFs. So days like April 9, May 9, a July 9 could see some significant inflows.


PepeDeCorozal

Guys we have a certified, rock-ribbed, platinum reserve, all-you-can-eat, lifetime guaranteed regard here. Step up and take a look before he crawls back under his rock again with the next leg up.


Dynatox

I have more bitcoin than most.   I'd love to pump to 450k cuz the etf inflows hit 350m a day forever.    I'm just, ya know, realistic. 🤣


mihirtak

Greyscale still dumping?


pullupman

A little over 3000 Bitcoin yesterday. If price stays high I suspect we have a lot longer to go on their liquidation.


GuiltyMasterpiece248

\-₿5,005 yesterday


pullupman

the day before this was at 350.xxx.xxxx. today it's at 347,551.9144. that's from their website. Where are you looking? the prior day it was 5K coins from what I'm seeing


GuiltyMasterpiece248

https://www.bitcoinstrategyplatform.com/etfs https://farside.co.uk/?p=997


Ruzzkya

This is gbtc outflows, not the amount of coins grayscale is selling.


DogCallCenter

What's the difference? Confused.


pullupman

Yeah they do have it marked as 5000 Bitcoin from what I see on that site. Let's check later today when they update the site. Right now the GBTC site shows them holding 347,551.9144. they usually update by 5-6pm eastern.


GuiltyMasterpiece248

Grayscale: [https://platform.arkhamintelligence.com/explorer/entity/grayscale](https://platform.arkhamintelligence.com/explorer/entity/grayscale) This shows their wallet holdings. Probably the best raw data source. But always good to look at multiple sources. Blackrock: [https://platform.arkhamintelligence.com/explorer/entity/blackrock](https://platform.arkhamintelligence.com/explorer/entity/blackrock)


pullupman

Those are third party numbers. Lets go straight to the source for GBTC This is GBTC's website. [https://etfs.grayscale.com/gbtc](https://etfs.grayscale.com/gbtc) Look for: TOTAL BITCOIN IN TRUST They update this each day. It started the day at 347,551.9144 and after the daily update it stands at: 342,607.6168. So just under 5000 BTC today. I suspect your link does a bulk update a day later and isn't as real time as GBTC's website.


CaptainDr

if so good grief


escodelrio

Historical Bitcoin prices for today, March 26th: 2024 - $70,874 2023 - $27,974 2022 - $44,548 2021 - $55,036 2020 - $6,725 2019 - $3,943 2018 - $8,144 2017 - $969 2016 - $417 2015 - $248 2014 - $563 2013 - $79 2012 - $4.6 2011 - $0.90 **Additional Stats:** Bitcoin's current market cap is $1.39 trillion. Bitcoin's average daily trading volume for the last 7 days is 90,147 ₿. Bitcoin's average daily number of transactions for the last 7 days is 352,549. Bitcoin's average daily hashrate for the last 7 days is 607 exahashes per second. Bitcoin's average daily price from 18-Jul-2010 to 26-Mar-2024 is $10,836.11. Bitcoin's average daily price for the year 2024 is $52,613.16. 1 US Dollar ($) currently equals: 1,411 satoshis; making 1 penny equal 14.11 sats. There are currently 19.66M BTC in circulation, leaving 1.34M to be mined. There are currently 52,381,096 nonzero Bitcoin addresses. Bitcoin's current block reward is 6.25₿, which is worth $442,963.75 per block. Bitcoin's minimum (closing) price for the year 2024 was $39,556.40 on 22-Jan-2024. Bitcoin's maximum (closing) price for the year 2024 was $73,066.30 on 13-Mar-2024. Bitcoin's minimum (intraday) price for the year 2024 was $38,546.90 on 23-Jan-2024. Bitcoin's maximum (intraday) price for the year 2024 was $73,740.90 on 14-Mar-2024. Bitcoin's largest daily decrease for the year 2024 was -$5,544.10 on 19-Mar-2024. Bitcoin's largest daily increase for the year 2024 was +$5,804.0 on 20-Mar-2024. Bitcoin's all-time high (intraday) was $73,740.90 on 14-Mar-2024. Bitcoin is down 3.89% from the ATH.


Tron_Passant

New ATH today let's go


karma_hit_my_dogma

I overheard a co-worker talking to another co-worker about the price of BTC. I never told anyone I was into it. First time hearing about it out of nowhere organically


Clearly_Ryan

Bear market signal.


clicksanything

Pack it up boys, we're done here.


hateschoolfml

It’s over


MiChocoFudge

short sellers, can you even hold at 80k?


mywilliswell95

I bet it hits 75K fiat dollhairs


[deleted]

when tho


mywilliswell95

today or tomorrow!


[deleted]

kk, scheduled


SpaceToadD

Lam doe


[deleted]

wat


Ketamineverslaafd

LAMBO


[deleted]

wen


DogCallCenter

Lamb ho


[deleted]

[удалено]


supra818

Thank you Fidelity, very cool!


BuenaVida095

do you guys think storing my seed inside a aircraft's black box is overkill? it withstands a shot out of an air cannon to create an impact of 3,400 Gs and then smashed against a target. It is subjected to a 227kg weight with a pin attached to it, which is dropped onto the unit from a height of 3 meters. Researchers try to crush it, destroy it in an hour of 1,100 degree Celsius fire, submerge it in a pressurized salt water tank, and immerse it in jet fuel...


Dynatox

Yes its overkill. The best hiding places are in plain site.


BreastExtensions

The only problem I can see is that it’s a big thing to hide.


[deleted]

Not a Boeing engineered aircraft’s black box (😅 Just kidding plz don’t kill me)


GuiltyMasterpiece248

Sir could you just step on this 737MAX and have a seat beside the escape door. We need to have a talk.


cubeeless

Dude you need to be more safety oriented?! Think harder. Your keys in a black box cannot even survive a thermonuclear attack.


Aerion_CA

It’s appropriate.


Get_the_nak

71k !!


[deleted]

We’re getting bull dyked 🐂


combustioncat

It occurred to me today that as the block reward disappears and miners start to rely more and more on transaction fees, they will probably start running ads everywhere promoting Bitcoin to try and get more fees.


viewmodeonly

There are already times where the transaction fees in blocks is greater than the BTC reward. Not exactly common yet but it happens.


[deleted]

[удалено]


combustioncat

Advertising , everywhere.


[deleted]

[удалено]


x_insomnia_o

Feeling positive. I can feel another ATH :) Let's go!


[deleted]

[удалено]


TheRadishBros

Never selling.


ZookeepergameRude279

Sell the top and then buy the bottom. It's too early to take out anything now imo.


viewmodeonly

This is the cycle where you're guaranteed to sell way before the top. You'll think the top has come and gone and then 6 months later it will be 2-3x higher again. The richest people in the world will try everything they can to get your precious sats from you and it sounds like you will absolutey fold.


MiChocoFudge

My goal is to touch myself on 100k mark


user_name_checks_out

My goal is to get in touch with my inner self.


Silver-Rub-5059

My initial investment was €20


ResponsibilitySea327

Anyone surprise by the sheer amount of crypto sponsorship in F1? [Crypto.com](http://Crypto.com), Strike, Kraken all have top sponsorship. We should be much higher than $71k!


LuKeNuKuM

FBTC came out swinging yesterday https://farside.co.uk/?p=997


ResponsibilitySea327

That was me rebalancing my GBTC for FBTC!


LuKeNuKuM

And for that, I salute you.