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A community dedicated to Bitcoin, *the currency of the Internet*. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.Bitcoin - The Currency of the Internet
Updated: 12 min 35 sec ago

I Finally reached 1BTC!

1 hour 3 min ago

I'm soooo pumped! After being a regretful lurker that kept on blaming himself for not buying sooner. I finally joined the BTC bandwagon mid January after the first significant dip thinking: This is now or never!. I invested my first 3K in BTC that I got from my work anniversary raise, and since then I've been saving and buying a bit more every time another dip happens from each paycheck.. I feel so lucky that so many dips happened since I started to invest (was pretty sure that by this time BTC would be already back to 20k+.. well it didn't and now I'm so happy to own ONE FULL BITCOIN! Such a great feeling! :)

submitted by /u/anislitim
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G20 Hot News!

1 hour 53 min ago

Moving funds to lightning node cost me $0.11 and was confirmed in the next block

3 hours 4 min ago

I think that is rather amazing!

For now, it was only $0.75 that I actually transferred because I want to do some test payments before using it more often. But this is awesome!

Just think about how small a fraction you will be paying once you use the lightning wallet as your main day-to-day wallet for purchases!

I will update as I make some transactions on the LN mainnet.

submitted by /u/Jonnymak
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Reasons to be optimistic

4 hours 7 min ago

Good news gets discounted during prolonged price corrections - nobody believes it when they’re depressed. But we’ve had the price correction, let’s take stock of the good news.

High fees have gone away. The December frenzy is past, the January and February space-hogging defrag catch up has finished. The mempool is regularly emptying. A fee of 1 sat/byte will as often as not get you into the next block - though wallets and users haven’t yet quite caught up with the new reality: some are paying way too much. Both will catch up.

Meanwhile batching is reducing calls on blockspace and segwit is increasing blocksize: effective BTC throughput capacity will have, what, doubled by May when both are in full flood? Backlog build ups will become a distant memory, fear of them will recede.

Lightning is in beta. Assuming Lightning works – and it will – the implications are immense: bitcoin adoption and use far beyond nerds, enthusiasts and Redditors.

We are at the start of something big. Hodl and use.

submitted by /u/maxfact70
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Just think about miners who bought equipment in 2018.

4 hours 43 min ago

Quick reminder that there are people who bought used antminers for much higher price than brand new thinking that they will make profit in 3 months and spent shitload of money on it. Now they have to burn electricity for 1 year to even break even on initial investment not counting the electricity. Just think about them.

submitted by /u/skace23
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Virtual currency defined as a legal currency in Wyoming.

5 hours 12 min ago

Hey everyone! I have recently decided to get as direct to the sources from what I have been seeing and hearing in the news regarding crypto. Recently I Interviewed Tyler Lindholm, a State Representative from Wyoming. He had a large part in constructing the crypto bills that were passed just recently. They are the first in the world to do this and it may have a huge impact.

6:00- We start to talk about the Bills.

10:20- Set up file 111. This is very interesting.

12:00- Virtual currency defined as a legal currency in Wyoming.


submitted by /u/stulkenm
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Why HODL'rs Shouldn't Be Worried

6 hours 5 min ago

Here are the highs and lows of the crypto market since 2013. Notice the highs of each year are within a 34 day window between Dec 4th and Jan 7th. So keep HODLing.


Low: May 3rd @ $1B

High: Dec 4th @ $15.7B


Low: Oct 6th @ $4.7B

High: Jan 7th @ $13.1B


Low: Jan 15th @ $3.1B

High: Dec 16th @ $7.6B


Low: Jan 16th @ $6b

High: Dec 30th @ $17.8B


Low: Jan 12th @ $14B

High: Dec 21st @ $620B

submitted by /u/shouldibeexcitedbro
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Why this correction is actually a positive

6 hours 22 min ago

We started at 1k at the start of 2017, and closed the year at 20k. Sorry, these crazy overnight riches may be fun but it wasnt sustainable. We all knew this correction was coming and to tell you the truth I'm glad it happened sooner rather than later. This gives us time to focus on adoption and Lightning, thats how I look at it.

submitted by /u/charlotte009a
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Who is selling and why?

7 hours 9 min ago

What do ya think?

submitted by /u/Gh0sta
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