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You bought an old book at a fair, and upon returning home, you discovered a seed phrase inside that gives access to a wallet with 46 bitcoins. What would you do?

Can the owner be found?

https://redd.it/1e1qw99
@r_bitcoin
42 views22:37
Germany is over

Germany is over. Bitcoin is gone

https://preview.redd.it/y88hhm4uu4cd1.png?width=1919&format=png&auto=webp&s=b332eb093e78f787ddd3a82f96e4393eac4f81b3

https://redd.it/1e1p33g
@r_bitcoin
60 views20:37
Germany only has 3.846K BTC left and is still selling

https://preview.redd.it/4kec5bdiy3cd1.png?width=1261&format=png&auto=webp&s=96239c71573f0ae15cac29ef101a9298d133b256



https://redd.it/1e1ks37
@r_bitcoin
70 views16:37
Lets all salute and congratulate El Salvador for being more deserving of owning more of the best money that ever existed than Germany

https://preview.redd.it/g3onwksa1ybd1.jpg?width=680&format=pjpg&auto=webp&s=68eebc1ca98558f38f85f12f13c32ee30446c576



https://redd.it/1e0xsyq
@r_bitcoin
76 views07:37
Daily Discussion, July 12, 2024

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Please check the previous discussion thread for unanswered questions.

https://redd.it/1e1aar5
@r_bitcoin
73 views06:37
How many people actually understand Bitcoin in your life?

I haven't met any orange-pilled person in my life yet. All the orange-pilled people have only existed on the internet for me. What have your experiences been like? Are we truly early, that so many people still haven't understood it? This thing is exciting, curious, hopeful, and awesome, and yet people ignore it.

https://redd.it/1e15uib
@r_bitcoin
73 views03:37
You guys are welcome

Just decided to buy a bit of a lump sum while BTC is at 57k. It has a tendancy to dip even more after I buy a lump sum like this. Expect cheaper sats in the near future.

YOU GUYS ARE WELCOME

https://redd.it/1e0sa68
@r_bitcoin
49 views19:37
Maybe it's time to give the 10k BTC guy a break, since there is a bigger joker in Germany.

https://redd.it/1e0q0em
@r_bitcoin
60 views16:37
Hit 0.21 yesterday

Hi

My story is familiar. I’ve known about Bitcoin since 2012. I used to play games with nerdy guys at school who told me about Bitcoin but I was too young and didn’t have the means to buy any

Then I became a bit of a hippie girl after school and spent 8BTC on psychedelics and weed around 2015

Early December last year I had saved 6.5k from a job and living with family. I had to leave work for mental health reasons and decided I should invest what I had. I looked at Bitcoin, saw it was climbing slowly again, but this time studied it. I read this sub a lot, I read the Bitcoin Standard, and listened to podcasts.

I started with 0.05. But after a month of learning, I gradually ended up going all in and a week before the ETF, I had 0.17 on a Bitbox.

The road to 0.21 took me six ridiculously frugal months. I’m still not in work but have no bills and get disability for autism

I don’t know what the future holds for me. I struggle with traditional employment

But here’s to 0.25 by the end of the year!




https://redd.it/1e0oki1
@r_bitcoin
65 views14:37
Daily Discussion, July 11, 2024

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Please check the previous discussion thread for unanswered questions.

https://redd.it/1e0hv91
@r_bitcoin
78 views06:37
How is everyone so sure about future of bitcoin?

Before saying I am spreading FUD, I own ~.1 bitcoin and do believe in its technology, the network, and application to problems. My question is how do some people have such strong conviction of the future to put the majority of their net worth into it?

https://redd.it/1dyp7f9
@r_bitcoin
28 views02:37
Who has some good rice & beans recipes? I want to go next level with saving money for more Bitcoin


I admit I’ve been a little carefree with my money and wish I had saved more of it for Bitcoin. I’ve read on here that rice & beans is the classic meal to save money and I’m trying to be more frugal. Anyone have some good recipes? From simple to a little more complex, if you got something good let me know.

Thank you!


https://redd.it/1dyn7c3
@r_bitcoin
28 views01:37
If you NEED to sell your bitcoin in the next 3 months, what is the optimal strategy

bad timing with the recent dip, as i found out last Thursday that need to sell bitcoin to fund some unexpected repairs on my home and car. the amount is not huge, let's say 4k.

what would you do? wait for the price to bounce back a touch? get it out now before we (maybe) fall into the 40s or worse? right now I have placed limit orders on Coinbase at various price points to DCA out, a few hundred dollars at 60k, 62k, etc. Any other ideas to maximize fiat return?

sorry if not allowed, thanks.

https://redd.it/1dyexjg
@r_bitcoin
30 views23:37
Fun fact: I've lost more fiat to the banks than I've lost BTC.

So the other morning I get a notification on my phone about a suspicious transaction, asking to reply yes or no to approve it. I've received these before so no big deal. I replied no, and within minutes my banks fraud department called, cancelled the charge and assured me my card was now blocked and I'd need to get a new one. No biggie, thanks for catching it! 11 hours later my phone goes nuts with about 30 of these messages and my bank account was completely drained. So the fraud department failed to shut my card off. They had one job! Now I have to dispute all charges ranging from $2 up to $500 per transaction and wait 10 days to hear a resolution.

FORTUNATELY I am all-in with BTC and treat it as my actual savings account, while keeping enough in the banks to cover expenses until the next paycheck. Basically forcing myself to live paycheck to paycheck while putting the bulk of my wealth out of reach of my impulse spending on luxury crap.

Anyways, to those saying BTC is a scam or you'll lose it all, etc, etc. I say that's a risk I'm willing to take after this experience and glad I did!

Banks - 0

My cold storage wallet - 1

https://redd.it/1dyk2ip
@r_bitcoin
36 views22:37
The German Government has sold around 5200 Bitcoin worth around $297M in last 1hr.

https://preview.redd.it/bhwalsxt8bbd1.png?width=1678&format=png&auto=webp&s=e12e29d74542be9dd920cf82766dc7f858f8ea80



https://redd.it/1dyb8c3
@r_bitcoin
96 views16:37
I'm very proud of that.

Today, I don't care about the 70 percent drop. I started "stacking" Bitcoin, buying Bitcoin regularly. Every Bitcoin purchase has made me freer.

Today, my life is very different from before Bitcoin. I can work in the field that fascinates me and bring this technology closer to other people every day. And something else has changed in my life, perhaps even the most important thing:

Bitcoin has allowed me to lower my time preference. I have found a way to save my purchasing power. I can save. With Bitcoin, I look forward to the future because all of humanity can use a monetary system that is independent and accessible to everyone. Inflation is not an issue for me. For me, everything will always be cheaper in the long term with Bitcoin. I can concentrate on the here and now and make well-considered decisions without being afraid of the future.

I will do everything in my power to spread this technology, no matter what obstacles await me and no matter how much headwind I face.

For me, Bitcoin is no longer an investment. Bitcoin is freedom for me.

This text was translated 1:1 from German to English by twitter. I apologize for any mistakes.

https://redd.it/1dy454f
@r_bitcoin
61 views11:37
How Bitcoin improved my life

At the end of 2020, I made a New Year's resolution to buy Bitcoin. Little did I know that this would be one of the best decisions of my life. I want to share my story with you here and get you excited about Bitcoin.

After I bought #Bitcoin for the first time in January 2021, the price plummeted from an all-time high, leaving me clueless a few weeks into my Bitcoin journey. What initially looked like one of the most lucrative investments in human history turned into a nightmare. I "lost" almost 70% of my savings in a very short space of time.

When I realized this situation, I asked myself the questions: "What did I actually buy?", "What is Bitcoin actually?". I couldn't answer these questions at the time, as I had only dealt with Bitcoin superficially.

So I had work to do. I had to teach myself what Bitcoin actually is and why I shouldn't sell my entire stake now. This task turned out to be more challenging than I had expected. I couldn't find the right approach, I didn't know where to start.

Since I dealt with investments in my spare time, I largely only looked at Bitcoin from this perspective: Bitcoin as an investment to accumulate more fiat money.

After several days or weeks of searching for the answer to the question of what Bitcoin is, a book was recommended to me: The Bitcoin Standard by u/saifedean and u/aprycotmedia as publisher. The hurdle was high, but Bitcoin grabbed me. I was fascinated by the mystery behind this technology. Why don't I understand it, why can't anyone explain it to me in an understandable way? This book was supposed to be the answer!

At the beginning of the book, the history of money and the problems of earlier forms of money were introduced. I had a feeling that the euro had problems, but I didn't realize they were so big and so devastating. I first considered Bitcoin as an alternative monetary system because I realized that Bitcoin has the best monetary properties, even better than gold.

After reading this book, I no longer knew what was right and what was wrong. Had I been living a lie my whole, albeit short, life? The next few weeks were to be the most intense and formative of my life. It was as if I was possessed by the knowledge that awaited me. Family and friends didn't know what had gotten into me. I dropped out of my degree in business psychology because I suddenly had a different view of economics. The Austrian School of Economics destroyed all the economic theories I had learned up to that point. Within two months, my whole life had changed.

I felt the need to pass on the information I had gathered and was met with rejection. No one I was excited to tell about Bitcoin was interested in my thoughts. "It will never catch on", "You live in your own world", "That's far too utopian". From today's perspective, this time was painful, but also necessary. I needed resistance from outside to convince myself of Bitcoin.

Nevertheless, my need to communicate was not satisfied. I looked for another outlet: social media. I started sharing my thoughts on Instagram under the name u/BitBeller. I was able to write my opinion without encountering much resistance. I even received approval! u/Satoshis_Erbe, u/thiele_julius, u/bitcoin__apex & u/atomicc0805 were the first to give me the same energy that I wanted to put out there. I am very grateful for that!

There was another hurdle to overcome. What am I going to do with my life now? Another degree course was out of the question for me. I had to reorient myself. I heard about a job as a social media manager at u/Coinfinity, the oldest Bitcoin broker in Austria. Integrating my new hobby, Bitcoin, into my day-to-day work sounded like a perfect match. I applied and was hired. Together with u/fabthefoxx and u/fichte42, we worked on short articles to make it as easy as possible for beginners to get started with Bitcoin: Exactly what I was missing a few years ago. The #BitcoinBlinks were born: https://coinfinity.co/bitcoin-blinks Today they are even available as a small book.
57 views11:37
Slowly convinced Bitcoin is the future

Looking at global news today, starting to realise that the systems are broken everywhere. Euro dropping because of the French election, 40 years of US presidency born in the 1940s, massive corporations admitting guilt of fraud leading to death. Crazy that this is just another normal day and nobody blinks an eye. How much longer do people think this can keep going?

https://redd.it/1dy36j1
@r_bitcoin
56 views10:37
Mt Gox has only pushed $148m of the agreed repayments (1.7%) to customers so far and there's another $8.2b (141,379 BTC) worth to go until Oct 31st

Mt Gox has made it's first repayment of $148 million of the owed $8.2 billion (141,379 BTC) to its customers so far. This leaves a significant amount still outstanding, given the downturn what are the implications of this volume of BTC potentially re-entering the market on selling pressure?

https://redd.it/1dy2elr
@r_bitcoin
61 views09:37
Mentor Monday, July 08, 2024: Ask all your bitcoin questions!

Ask (and answer!) away! Here are the general rules:

* If you'd like to learn something, ask.
* If you'd like to share knowledge, answer.
* Any question about Bitcoin is fair game.

And don't forget to check out /r/BitcoinBeginners

You can sort by new to see the latest questions that may not be answered yet.

https://redd.it/1dy2nft
@r_bitcoin
64 views08:37
Acquired 0.02 BTC at 16. What do I do?

As the title says, I just got 0.02 BTC at 16. What is the smartest way to go about it? It’s a pretty big amount of money that I have in, and I would like to know what would be the best idea to do with it. 0.02 BTC is around $1100.

https://redd.it/1dxzs0o
@r_bitcoin
16 views07:37
Daily Discussion, July 08, 2024

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Please check the previous discussion thread for unanswered questions.

https://redd.it/1dy1plr
@r_bitcoin
23 views06:37
I hope you guys are enjoying the discounts

I would be very disappointed if not.

https://redd.it/1dxy5uu
@r_bitcoin
39 views04:37
Bitcoin vs. buying a house?

I have a question for the group and looking for some insights and opinions. Slowly built myself up to owning slightly over a third of a bitcoin. But I find myself in a unique situation of selling our house and walking away with a really hefty six figure sum in our pockets. What I’m struggling with is whether to put that into investing in bitcoin or buying a house. We would have enough money left over to buy a house with cash. Or invest and rent. I know along with owning a house comes all the maintenance and cost taxes, etc. also not super confident in the value of property with companies like Blackrock buying everything up and turning them into rentals. I also know there is its own risk with bitcoin. At this point, I don’t feel like there’s much financial risk with bitcoin more of managing your bitcoin safely. So with that being said, I’m curious if you were in my shoes, what you would do and why?

The secondary question would be if you were to decide to invest who would you use and how would you hold it?

https://redd.it/1dxpi80
@r_bitcoin
63 views22:37
If you were buying bitcoin at 65k you should be still wanting to buy now knowing that you are getting a bargain. If you bought bitcoin at $900 a coin as i did when i started you should be wanting to buy bitcoin knowing what the potential is.



https://redd.it/1dxq01i
@r_bitcoin
66 views21:37
How do you buy?

For long term hold- 30-40 years.
So do you buy your bitcoin when you have red days or do you just purchase a set amount each month?

Do you also invest in ETFs or in other stocks? Or just Bitcoin?

I see value in just putting money into it slowly each month but was curious what your strategy is.

https://redd.it/1dxoh0c
@r_bitcoin
67 views20:37
S&P 500 vs Bitcoin?

I can invest £1000 per month.

I am interested in what percentage would people invest in S&P 500, to not be totally "at risk" vs how much Bitcoin l should buy?

Thanks.

https://redd.it/1dxic25
@r_bitcoin
74 views16:37
The importance of managing your liquidity

Fiat is not a good store of value but Cash is not trash. It is opportunity. It's what allows you to DCA and buy dips. The Mt. Gox payout maybe one of the best remaining opportunities to buy a significant dip if a lot of creditors dump even some of their coins. You don't want to miss out on that! Being skint sucks when opportubity knocks.

https://redd.it/1dxd0dn
@r_bitcoin
73 views15:37
Best positioning

Once you have been here as long as myself life gets so easy. Have a huge bitcoin position and a nice fiat position. All you have to do is sacrifice everything for about 8 1/2 yrs. No going out, no fancy anything. Just putting EVERYTHING after bills into cold storage. The best way to do this is to get a partner that gets it and spend the time with them fucking. For me it is the best thing I ever did financially. I am ahead of everyone in my life by a long shot. I know, trust me I know how fucking hard it is to hold and just keep buying in the red but that only lasts about 4 years. I believe it was harder for me to keep buying when it was wayyyyyyyy above my average price. So don’t lose hope. This is the safest way to build a fortune. Good luck.

https://redd.it/1dxf7he
@r_bitcoin
69 views13:37
Craig Faketoshi Wright assets frozen by UK courts
https://cointelegraph.com/news/united-kingdom-high-court-freezes-craig-wright-assets

https://redd.it/1dxe6mk
@r_bitcoin
65 views12:37