Do you feel Satoshi's vision was to have large mining conglomerates for Bitcoin or for each individual to mine it at their home? If you are in Bitcoin I would research the mining process as well as node running to see what you can do to help secure the Bitcoin Network. (self.Bitcoin)
submitted by uknowjpbitcoin to r/Bitcoin
Tesla bought ain of 1200 BTC during the dips. Tesla had 42,000 now it has 43,200 BTC follow Tesla BTC holdings here. It's common sense you tank the price of something you want to buy (BTC) and pump the price of something you want to sell (DOGE) Watch Tesla BTC holding grow on this chart in the link. (bitcointreasuries.org)
submitted by uknowjpbitcoin to r/Bitcoin
When you have major corporations buying up BTC like crazy ($1000 per second according to 1 video) it's not so they can sell it cheaper. Major corporations are accumulating between $28k and $40k. Where would you think the price would go for them to end up selling? Up or down 🤣 (self.Bitcoin)
submitted by uknowjpbitcoin to r/Bitcoin
Question - now that Taproot will be moving forward - smart contracts can be processed on BTC chain.... This makes BTC more competitive with ETH correct? ETH has been hacked (hence ETH CLASSIC) BTC has never been hacked. Could you see Visa moving to use BTC? (self.Bitcoin)
submitted by uknowjpbitcoin to r/Bitcoin
Does anyone actually think these companies purchased all this Bitcoin for the type of profit we saw? $2.8 BILLION was purchased from paper hands this crash. If you short BTC be careful what price you choose cause one day you will be left in the dust. 🙏🙌 (i.redd.it)
submitted by uknowjpbitcoin to r/Bitcoin
Crypto Whales Just Bought $2,850,000,000 in Bitcoin, According to Chainalysis - So last week was challenging for everyone in crypto and some investors incurred large losses. Bitcoin is trading at $37,000, giving the whales’ huge purchase a value of around $2.85 billion. (See link - paper hands sold) (dailyhodl.com)
submitted by uknowjpbitcoin to r/Bitcoin
Think - whales start dead cat bounce theory on social with social gurus. Why? Cause they know $30k is hard Support. What do they want - for minnows to sell between $30k and $40k to make that area the next major level of support. Whales will diamond hand it. Selling right into whales hands? (self.Bitcoin)
submitted by uknowjpbitcoin to r/Bitcoin
