Cryptocurrency Contents Archive

(Best tweet, reddit and instagram posts on Cryptocurrency topic)

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1 year ago

(Jun 25, 2023 06:19)

Is it actually bad for Bitcoin that entities like MicroStrategy are accumulating so much Bitcoin?

Microstrategy is just one company and they hold 140 thousand Bitcoins. Considering there is 19.4 million Bitcoins out there and estimations are that more than 4 millions has already been lost forever, that would mean that we right now have about 15 million Bitcoin that is possible to be owned. That means Microstrategy themselves owns about 0.9% of all Bitcoin available, and Saylor said he plans to accumulate more What if other entities/corporations started doing similar, and just accumulated for themselves. How can this be good for Bitcoin and its overall decentralization if one day let's say a third of it is owned just by like dozens of entities? A lot of Bitcoin community actually supports Michael Saylor and seem kind of excited when they hear news that Microstrategy bought another batch because it pumps price short term I guess, but aren't long term effects of this possibly quite bad?

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1 year ago

(Jun 25, 2023 05:58)

BlackRock’s Bitcoin ETF bid could ignite $15 trillion crypto revolution

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46

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1 year ago

(Jun 25, 2023 07:46)

Cardano vs Solana: Which is a Better Blockchain in 2023?

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16

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1 year ago

(Jun 25, 2023 11:08)

BIG NEWS BIGGEST! ROUND 2!!

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145

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1 year ago

(Jun 25, 2023 07:02)

#Bitcoin’s market cap is 591.294 billion USD, a tiny insignificant little spot in all of the World’s Money and Markets. It’s still soooo early, unbelievable.

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1 year ago

(Jun 25, 2023 06:49)

$2,300,000,000,000 Asset Management Giant Registers for Crypto Custody License in France

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35

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34

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1 year ago

(Jun 25, 2023 09:26)

Jeff Booth: Bitcoin Is The Unstoppable Solution to Inflation

Inflation is theft and governments are stealing from individuals at an unforeseen pace. "Price of Tomorrow" author Jeff Booth breaks down how Bitcoin is the only solution to the inflation paradox with incentives and performance far superior to any asset or store of value in history.

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44

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1 year ago

(Jun 25, 2023 06:44)

Do Kwon’s new home: an overcrowded Balkan prison with mafia suspects and little hope

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38

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15

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1 year ago

(Jun 25, 2023 08:56)

I heard from a guy that works on btc billioner's cars that there are plans in US for btc to go big in few months (going to stock exchange or something? - does anyone know what he's talking about? Btc is not a company so that makes no sense.

Still.. i'd like to know more if someone has more insights.

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35

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1 year ago

(Jun 25, 2023 09:16)

Bored Ape Yacht Club Prices Plunge as BAYC Whale makes it's move

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22

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25

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1 year ago

(Jun 25, 2023 09:35)

Token issuers in Japan exempt from 30% crypto tax on paper gains

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28

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1 year ago

(Jun 25, 2023 06:03)

Bitcoin in ny state

what are people’s favorite platforms/ methods of buying/selling in New York State? Bit license bs limits so much

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19

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16

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1 year ago

(Jun 25, 2023 05:40)

Its crazy that crypto has obvious advantages over FIAT and it still isn’t adopted enough yet

Crypto has so many advantages when it comes in actual usage over FIAT Like some of the advantages over FIAT are: - Much more private - actual non physical self custody - Non government controlled - Options for instant and fee less worldwide transfers But despite all that its crazy to me that its still considered a controversial form of currency. Now, it might be, but in my opinion its pros outweigh any of the cons people talk about (which some are not even crypto’s fault but the user’s). I mean FIAT has cons too, and considering crypto’s pros cons ratio, i feel like FIAT’s has a much worse ratio. In an ideal world crypto would by now be the most adopted currency (and if it were I’m sure any UI / ease of use issues would be solved quickly) but i guess we aren’t in an ideal world because many things would be different too if so, not just crypto adoption.

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1 year ago

(Jun 25, 2023 08:43)

When will the next cycle top be?

The last cycle took a lot of people by surprise with many expecting a massive parabolic move at the end of 2021. They were right about it being the end of 2021 for BTC but they got the price wrong by a lot. Some were calling for $300K. These people believed in the 4 year cycle driven by the halvening. There were others who believed in a lengthening cycle and they thought the peak would be after 2021. These guys mostly admit they got it wrong too because this bear market was too long to consider it a lengthening cycle. Others thought it would be a multiyear super cycle like what the stock market saw after 2008. Here we are almost all bullish on the long term but it would be interesting to know what most people think. Are you a proponent on the 4 year cycle? That means 2025 is the next top for you (April 2024 is the halvening and the last two cycles topped at the end of the following year). Or do you think something else? [View Poll](https://www.reddit.com/poll/14iwr4c)

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40

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1 year ago

(Jun 25, 2023 07:18)

This sub is so biased, being here mostly leads us to FOMO no matter some are warning not to do so

Either it's the posts or the comments on these posts, people here are really very bullish on crypto. If some FUD or dip or crash happens, people say "DCA". If we have green days, people here call for a bullrun to come...telling everyone to buy. I frequently visit this sub, crypto is my hooby and also my way to entertain myself. The longer I am here and the more I read stuff posted here, the more I want to invest in crypto. We are too biased in this sub? I know that none of what is said in this sub is financial advise, but people here are so convincing! Crypto has to go up all the time, right? If you zoom out...

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