Bitcoin Is Here To Stay And Bitcoiners Aren’t Going Anywhere

Though some people are denouncing Bitcoin Maximalism, the ethics of Bitcoin are stronger than ever and the number of Bitcoiners is only growing.

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Bitcoin, Bitcoiners And Citadels

So-called “toxic Bitcoin maximalism” is inspired by a desire for Bitcoiners to hold themselves accountable to the ideals of the network itself.

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You Can Use Your Bitcoin To Improve Everyone’s Health

Ideas like soil guardian bitcoin faucets allow Bitcoiners to utilize their accumulated wealth to enact change.

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One Million Brits Have Bought Bitcoin and Ethereum Since Last Year Says FCA

The number of British bitcoiners, ethereans and other cryptonians has almost doubled since last year according to UK’s Financial Conducts Authority (FCA). They say 2.6 million British people have bought...

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Bitcoin (BTC) Price Closes Q2 with Third Best Result in History: Skew Analysts

The expiring Q2, 2020 has been a period of great hope for Bitcoin (BTC) holders. Bitcoiners have spent it trying to lick the wounds of Black Thursday

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Online Data Analysis Points to Venezuela Accepting BTC for Passports

During the last week, a number of bitcoiners have been discussing Venezuela’s Administrative Service for Identification, Migration, and Foreigners, also known as SAIME accepting bitcoin payments for passport applications and renewals.

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Proportion of Bitcoin Addresses in Profit Currently Stands at 83 Percent: Data

Despite getting back on their feet after the March crash, Bitcoiners are now substantially less profitable than they were one year ago

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Bitcoin Is a Good Idea but Almost All Bitcoiners Are Idiots, Says Nassim Taleb

Coinspeaker Bitcoin Is a Good Idea but Almost All Bitcoiners Are Idiots, Says Nassim TalebThough Nassim Taleb believes that Bitcoin is a good idea he noted that almost all Bitcoiners do not understand its nuances.

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Nassim Taleb: Almost All Bitcoiners Are ‘Total Idiots’

Nassim Taleb, university professor and author of Black Swan, thinks Bitcoin is a good idea but most investors can’t understand its nuances.

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Bitcoin Is ?Good Idea,? but Most Bitcoiners Are 'Total Idiots,' Says Nassim Taleb

?Black Swan? author Nassim Taleb strongly criticized most members of the Bitcoin community despite recognizing the cryptocurrency as a 'great idea'

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Bitcoin Price Surges Above $10,000 as Fed Announces Interest Rate Decision

Bitcoiners rejoice as U.S. Federal Reserve officials forecast that interest rates are likely to remain close to zero until 2022

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First Mover: As Bitcoiners Eye Inflation Boost, Wall Street Sees Barely Any for Five Years

Wall Street doesn't think rising inflation is likely right now. Does that remove one of the reasons to invest in bitcoin?

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SEC's 'Crypto Mom' Gets Nod from Trump. Will She Approve Bitcoin ETF?

No worries, Bitcoiners. ?Crypto Mom? Hester Peirce could stay with you until 2025 if her nomination gets the green light

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90% of Bitcoin’s Supply is Now in Profit

Almost all bitcoiners have made money from their investment according to blockchain data analysis. That’s if they didn’t sell in February 2019 when just 39% was in profit, or during. .

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Bitcoiners Sprint to Improve Lightning Network in 2-Day Virtual Hackathon

Unable to meet in person, developers around the world collaborated by videoconference for a 48-hour stretch to refine Bitcoin’s Lightning Network.

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Tone Vays, Willy Woo Assume Roger Ver Has Paid for This Vending Machine to Accept BCH Instead of Bitcoin

Roger Ver published a video of someone paying with crypto at a HK vending machine. It accepts BCH, BNB and ETH, but not Bitcoin. Top Bitcoiners are speculating, why

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Hyperbitcoinization Comes into Focus During the Bitcoin Halving

The third-ever Bitcoin Halving was a chance to celebrate and explore one of Bitcoiners’ favorite topics: hyperbitcoinization. The post Hyperbitcoinization Comes into Focus During the Bitcoin Halving appeared first on Bitcoin Magazine.

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Bitcoin “Not a Suitable Investment” Says Goldman Sachs, Are They Right?

There’s little more bitcoiners love than bankers bashing them. Goldman Sachs being the latest and this time in what can appear to be with a fairly convincing statement: “We believe. .

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What Goldman Gets Wrong About Bitcoin (From Someone Who Used to Work There)

Goldman's bitcoin research is wrong in key respects. But, as with J.K Rowling, the fault may lie with bitcoiners for not communicating clearly, says an ex-GS staffer.

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“Good time for Bitcoiners to stack sats,” Says Blockstream’s Adam Back On Goldman Sachs Crypto Rebuff

Following the public declaration by Goldman Sachs that it does not support its customers to buy Bitcoin, Blockstream CEO Adam Back says this is a “good time to stack sats.” Goldman Sachs had earlier today said during a client-facing call, that cryptocurrencies are not a viable investment option for its clients considering the current industrial […]

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Pieter Wuille on Bitcoin Scaling, Sharding, Sidechains, ETH and More

Pieter Wuille, a man easy to acclaim, and someone that generally has the respect of all flavors of bitcoiners, was kind enough to take his time to go through some... The post Pieter Wuille on Bitcoin Scaling, Sharding, Sidechains, ETH and More appeared first on Trustnodes.

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As Bitcoin Desperately Clings To $9k, These Bullish Fundamentals Can Launch BTC Price To $14,000

After rocketing more than 100% off its March lows, bitcoin tumbled on Wednesday by 7%. This move downward came after 50 bitcoin from the Satoshi-era was spent for the first time since August 2017. Some bitcoiners panic-sold on fears that Satoshi had started dumping his coins on crypto exchanges. Bitcoin fell from above $9,700 to […]

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Bitcoin Price Drops $400 As Some Bitcoiners Conclude Satoshi Nakamoto Has Moved His BTC

Crypto expert ?Whale Panda? believes that the $400 drop of Bitcoin was caused by many in the community believing that Satoshi Nakamoto has moved 40 BTC mined in 2009

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I?ve Been Trolling Bitcoin to Boost My Significant Ethereum Holdings: J.K. Rowling Joking

The renowned Harry Potter creator J.K. Rowling says she will not be joining the BTC community and trolls Bitcoiners by endorsing Ethereum

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Peter Schiff Slammed by Bitcoin Community Over Gold Being Inflation Hedge

The prominent gold bug and BTC critic Peter Schiff says that now is the last chance to buy gold as an inflation hedge and gets opposed by doubtful Bitcoiners

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Bitcoin Transaction Costs Soar 400% Amid Halving Hyperbole

The average transaction cost for Bitcoin (BTC) soared 414% in the days before the halving, peaking at $3. 19 on May 8, from as low as $0. 62 on April 26. This is the highest price bitcoiners have paid for a transaction on the network in ten months, according to data from Bitinfocharts.

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Ethereum Founder Vitalik Buterin Slams Bitcoin for Having 'Centralized Middlemen'

Ethereum founder Vitalik Buterin has traded barbs with Bitcoiners after accusing the number one cryptocurrency of having too many centralized middlemen

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Peter Schiff Is Not Impressed by Mark Cuban's Bitcoin (BTC) Holdings

Peter Schiff takes aim at Bitcoiners for ?touting? Mark Cuban?s tiny Bitcoin stash

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Americans Purchase $1,200 Worth of Bitcoin, While 7 Banks Fumble With Stimulus Payments

For years now, bitcoiners and cryptocurrency proponents have said the antiquated banking system will not continue to survive for very long and the financial system is showing massive cracks these days.

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Hyperbitcoinization: Visions of Bitcoin Fueling the Post Covid-19 Shadow Economy

With the recent coronavirus spread and its overall effect on the global economy, some people believe the powers that be are preparing a financial reset. During these times, a number of bitcoiners think a bitcoin-induced form of fiat currency demonetization will take place, otherwise known as ‘hyperbitcoinization.

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Current Financial Crisis Could Dwarf Pre-Bitcoin Housing Collapse

The 2008 financial crisis that came about from a mortgage default-driven housing market collapse still lives strong in the memory for most — especially Bitcoiners. It was this crisis that inspired Satoshi Nakamoto to create Bitcoin as a hedge against similar catastrophes from centralized banking systems in the future.

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Bitcoin Wallets Holding at Least 1 BTC Set to Hit 800K All-Time Highs

Bitcoiners empty exchanges as wallet addresses one or more coins reach their biggest number ever

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This is how exchanges' insurance fund fared during the recent sell-off

Bitcoin's slip from $9,200 down to $3,850 was brutal, causing a cascade of liquidations. This caused a lot of Bitcoiners and investors to rethink their investment strategy since the stocks were also cThe post This is how exchanges' insurance fund fared during the recent sell-off appeared first on AMBCrypto.

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GoldMoney CEO Calls for ‘Economic Society’ Between Bitcoiners and Gold Bugs

Despite what Peter Schiff might have you believe, not all precious metals advocates are opposed to Bitcoin. In fact, Roy Sebag of GoldMoney believes it would be in the interest of all proponents of “sound money” to come together as one.

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Bitcoin's 'safe-haven narrative can't be judged on its 1-2 week movement'

Bitcoin's increasing volatility over the past week has given rise to a number of uncertainties including the liquidity crisis. While some 'hodlers' continue to fill their bags, many bitcoiners tried tThe post Bitcoin's 'safe-haven narrative can't be judged on its 1-2 week movement' appeared first on AMBCrypto.

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Op-Ed: Why You Should Hold Bitcoin Over Government Fiat?

The Bank of England governor-designate earned himself a place in Bitcoiners’ hall of shame alongside Peter Schiff and Warren Buffett. Bitcoin has “no intrinsic value,” he said. Anyone who wants to buy it should “be prepared to lose all your money.

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Bitcoiners Fire Back at Ripple CEO for Tweet: The Great Mining Spat

Revolutionary technologies are inherently controversial. This was proven true just this week when the CEO of Ripple Labs, Brad Garlinghouse, bashed Bitcoin and Ethereum in a direct tweet, sparking discourse.

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Bitcoin Is the Technology of Dissent That Secures Individual Liberties

We, Bitcoiners, are all dissidents in the Old World of trusted third parties. By using Bitcoin, we defy the rules of empire states in order to reclaim our own authority. The post Bitcoin Is the Technology of Dissent That Secures Individual Liberties appeared first on Bitcoin Magazine.

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Here’s Why Even as a Bitcoiner you Shouldn’t Ignore Ethereum

Ethereum (ETH) is on a rising spree in 2020 w. r. t price. But its network is also established and increasingly proving quite significant. Bitcoin Supporters Should Own Some ETH for Upside Potential BTC blogger, Sylvain Saurel, looked at the reasons Ethereum is here to stay, and why Bitcoiners should not diss the project outright.

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US DOJ Calls Bitcoin Mixing ‘a Crime’ in Arrest of Software Developer

The arrest of Larry Harmon for an alleged connection to AlphaBay raises major questions: Do bitcoiners have a right to build privacy tech?

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Bitcoin100: How Some Early Bitcoiners Spread Bitcoin Adoption With Charity

In 2011, raising 100 BTC for charities as a way to promote bitcoin adoption was the easy part. Finding charities that would accept bitcoin donations? That was the challenge. The post Bitcoin100: How Some Early Bitcoiners Spread Bitcoin Adoption With Charity appeared first on Bitcoin Magazine.

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Why are some of Twitter’s biggest Bitcoin maximalists shilling Tron?

As crazy as it sounds, there are now Bitcoin maximalists (Bitcoiners) “shilling” Tron, the controversial cryptocurrency of enigmatic Chinese entrepreneur Justin Sun. Yes, you read that right, some of Bitcoin’s biggest proponents are promoting an altcoin.

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The Rise of SIM Swapping: How and Why Bitcoiners Need to Protect Themselves

As SIM swapping has become more prevalent, those holding bitcoin are increasingly susceptible to attack. So how should you protect yourself? The post The Rise of SIM Swapping: How and Why Bitcoiners Need to Protect Themselves appeared first on Bitcoin Magazine.

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The Blockstream Satellite Network: Maintaining Bitcoin Sovereignty in Space

The Blockstream Satellite network lets Bitcoiners send messages and transactions into and back from space, bypassing censorship and technical limits. The post The Blockstream Satellite Network: Maintaining Bitcoin Sovereignty in Space appeared first on Bitcoin Magazine.

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Alert for Bitcoin (BTC) Bulls: Top Trader Predicts 'Pretty Big Long Squeeze'

Amid the strong bullish narrative, #1 TradingView Bitcoin (BTC) trader Jacob Canfield recommends all Bitcoiners be aware of a ?long squeeze?.

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Scotland’s Bitcoiners Share Canny Tales of ‘Buying the Dip’

A meetup in Scotland afforded a forensic examination of bitcoin's rollercoaster cycle – with plenty of examples of the emotional trauma that accompanied the ride.

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Maintaining Transaction Privacy in the Age of Government Blockchain Analysis

Bitcoiners will have a harder time protecting their privacy

The post Maintaining Transaction Privacy in the Age of Government Blockchain Analysis appeared first on Bitcoin Magazine.

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Bitcoin (BTC) Peer-to-peer Exchange LocalBitcoins Suspends African Accounts: Details

Geo-restrictions on crypto services is a true plague for its users from some developing countries. Today some African Bitcoiners faced this challenge.

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Peter Schiff Forgets Bitcoin Wallet Password, Blames Bitcoin

Peter Schiff hates Bitcoin almost as much as bitcoiners hate Schiff. The gold bug makes a point of dissing the cryptocurrency whenever he can, despite the hypocrisy of accepting BTC on his own website.

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Bitcoin History Part 23: The First BTC Escrow

Before the emergence of crypto exchanges and trustless multi-sig, early bitcoiners saw the need for an escrow service – a mediator to act as a go-between for strangers transacting online. Given the panoply of options now available, it is strange to think that escrow was once provided by a few early supporters, who put their […] The post Bitcoin History Part 23: The First BTC Escrow appeared first on Bitcoin News.

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