r/Bitcoin

2021-06-01 08:37:48 Daily Discussion, June 01, 2021

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https://redd.it/npmbzl
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2021-06-01 07:37:40 At peace with whatever happens

Me and my son started mining in 2013... The butterfly labs systems would heat the entire home up north for every month except January... Still have memories of the constant humming noise... I sold almost everything in 2018 at the bottom due to cancer treatment... Looking forward there is still so much hope. The buzz for the next havening should start around early 2022... The stockpiling is inevitable for what should be a battle for the remaining coins... There will be no second chances at this stage. Nobody will want to part with this rare commodity. So if some unexpected regulations come along there is comfort knowing that this community is battle tested and will not simply roll over for the next so called crisis... We are large enough and strong enough to maintain BTC's value on our own... No worries about the mood swings of wallstreet or political Fuddsters.... Life is good for us believers... Onwards and upwards for the steady hands... Peace and prosperity brothers and sisters... for a better Future!

https://redd.it/npjuxp
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2021-06-01 06:37:42 Bitcoin Miner Marathon Will No Longer Censor Transactions, CEO Says
https://finance.yahoo.com/news/bitcoin-miner-marathon-no-longer-194851331.html

https://redd.it/npfxec
@r_bitcoin Open / Comment

2021-06-01 05:37:28 It seems Marathon felt the pressure...

Now they'll stop filtering transactions and also they'll start signaling for Taproot:

> Marathon will adopt the update without modification. As a result, Marathon’s mining pool, MaraPool, will no longer filter transactions. Once the update is complete, the pool will begin validating transactions in a manner consistent with all other miners who use the standard node.

https://www.globenewswire.com/news-release/2021/05/31/2239004/0/en/Marathon-Signals-for-Taproot.html

https://redd.it/np7n29
@r_bitcoin Open / Comment

2021-06-01 04:37:41 I've been using Lightning with BTC for 3.5 years now - 1. Still don't know who's paying who for what 2. Paying is still generally very easy 3. Cross-implementation pretty much always just works 4. You can pay very tiny amounts without issue 5. Works without permission cross-borders
https://twitter.com/alexbosworth/status/1398844553365315588

https://redd.it/np7ql8
@r_bitcoin Open / Comment

2021-06-01 03:37:33 Taproot probably being locked this period 97.94% signaling

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https://preview.redd.it/f3zvpdt6yh271.png?width=1576&format=png&auto=webp&s=6a5fad4454d10bcc60f9b5f398b73c9b8bc3c032

https://taproot.watch/stats

https://redd.it/np9dl8
@r_bitcoin Open / Comment

2021-06-01 02:37:45 Marathon Signals for Taproot
https://finance.yahoo.com/news/marathon-signals-taproot-160000061.html

https://redd.it/np7p9t
@r_bitcoin Open / Comment

2021-06-01 01:37:27 Got to love the Bitcoin race car at the Indy 500. Rinus Veekay & team did a great job.

https://redd.it/np7638
@r_bitcoin Open / Comment

2021-06-01 00:37:48 If my bank is so concerned about me losing money investing in bitcoin how come they don't show the same concern for me losing money in online gambling?

Today I received a notice on my banking app about the dangers of investing in bitcoin and cryptocurrencies. Naturally my first thought was "Fuck you, I'll spend my money any way I want". But this got me thinking.

Online gaming is a big problem. It's highly addictive and destructive and breaks up marriages and families. Addicts often can't pay their bills and mortgages and their children often go hungry as a result of this vice.

Yet I've never once received a warning from my bank alerting me to the dangers of it. I've also never had any payments to betting / gaming sites stopped or questioned by my bank. I place the odd bet from time to time.

So how come they are so concerned about me losing money investing in bitcoin when it's been the best performing asset of the last 10 years, outperforming every stock on the planet, whereas gambling almost always results in losing everything? What's their angle?

https://redd.it/npbwke
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2021-05-31 23:37:30 “Bitcoin has survived a number of big 'crashes', while Pets.com didn’t survive one...It would be a mistake to underestimate the unique and unprecedented resilience of digital items like Bitcoin. It's volatile, but it's not a bubble. There is no ceiling, nor any floor.” -Nathan Tankus
https://efrontier.substack.com/p/capitulation-edition

https://redd.it/np6du6
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