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Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Bitcoin - The Internet of Money

/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
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Cryptocurrency News & Discussion

The official source for CryptoCurrency News, Discussion & Analysis.
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BitMEX Exodus Leads to the Nearly Double Bitcoin Transaction Fees

BitMEX Exodus Leads to the Nearly Double Bitcoin Transaction Fees submitted by EROSBabe to btc [link] [comments]

Ethereum doubles Bitcoin thanks to DeFi and stablecoins

Ethereum doubles Bitcoin thanks to DeFi and stablecoins submitted by EthTraderCommunity to ethtrader [link] [comments]

YSK you will not get double bitcoin (or any crypto currency) for sending some out

This is a new scam but tons of people are falling for it. If you see a ad, YouTube video, social media post, etc saying: “Send Bitcoin to: 3Cpdp9a2SB5HAPLAvWYLA4jNvvMrfPreKB and we will send twice as much back to you” DO NOT DO IT!!! You will lose your crypto and not get it back! I know this seems obvious but tons of people are falling for it. Don’t be one of those people.
submitted by GardinerAndrew to YouShouldKnow [link] [comments]

r/Bitcoin Waiting to Receive Double Bitcoins Back

Bitcoin Waiting to Receive Double Bitcoins Back submitted by Crypto_To_The_Core to Buttcoin [link] [comments]

Chainlink Developer Activity Almost Double Bitcoin's In the Last Year

Chainlink Developer Activity Almost Double Bitcoin's In the Last Year submitted by Deebabitcoinair to Crypto_Currency_News [link] [comments]

Chainlink Developer Activity Almost Double Bitcoin's In the Last Year

Chainlink Developer Activity Almost Double Bitcoin's In the Last Year submitted by Deebabitcoinair to CryptoGrowth [link] [comments]

Chainlink Developer Activity Almost Double Bitcoin's In the Last Year

Chainlink Developer Activity Almost Double Bitcoin's In the Last Year submitted by Deebabitcoinair to cryptonewswire [link] [comments]

Chainlink Developer Activity Almost Double Bitcoin's In the Last Year

Chainlink Developer Activity Almost Double Bitcoin's In the Last Year submitted by Deebabitcoinair to altcoin_news [link] [comments]

Chainlink Developer Activity Almost Double Bitcoin's In the Last Year

Chainlink Developer Activity Almost Double Bitcoin's In the Last Year submitted by Deebabitcoinair to u/Deebabitcoinair [link] [comments]

Chainlink Developer Activity Almost Double Bitcoin's In the Last Year

Chainlink Developer Activity Almost Double Bitcoin's In the Last Year submitted by Deebabitcoinair to cryptocurrencynews [link] [comments]

HIVE Blockchain to Double Bitcoin Mining Capacity Through $2.8M Share Deal

HIVE Blockchain to Double Bitcoin Mining Capacity Through $2.8M Share Deal submitted by Ranzware to BitNewsLive [link] [comments]

CME intends to double Bitcoin futures position limit to $100 million

CME intends to double Bitcoin futures position limit to $100 million submitted by NightTrader0 to Bitcoin [link] [comments]

CME Doubles Bitcoin Options Volume, Leaving Bakkt in the Dust

CME Doubles Bitcoin Options Volume, Leaving Bakkt in the Dust submitted by bitcointothemoon_ to CryptoMarkets [link] [comments]

CME Asks CFTC to Double Bitcoin Futures Capacity as Interest Soars

CME Asks CFTC to Double Bitcoin Futures Capacity as Interest Soars submitted by SilverHoard to CryptoCurrency [link] [comments]

CME Doubles Bitcoin Options Volume, Leaving Bakkt in the Dust

CME Doubles Bitcoin Options Volume, Leaving Bakkt in the Dust submitted by bitcointothemoon_ to Crypto_Currency_News [link] [comments]

CME Doubles Bitcoin Options Volume, Leaving Bakkt in the Dust

CME Doubles Bitcoin Options Volume, Leaving Bakkt in the Dust submitted by bitcointothemoon_ to CryptoCurrencyTrading [link] [comments]

CME Doubles Bitcoin Options Volume, Leaving Bakkt in the Dust

submitted by bitcointothemoon_ to cryptotrading [link] [comments]

CME Doubles Bitcoin Options Volume, Leaving Bakkt in the Dust

submitted by cryptoallbot to cryptoall [link] [comments]

Square nearly doubles Bitcoin Revenue in Q1 Year over year

Square released their financial results and 10Q for the first quarter of 2019. In the financial statements, they break out revenues from Bitcoin which surged to $65,528,000 from $34,095,000 in the prior quarter.
https://www.sec.gov/Archives/edgadata/1512673/000151267319000007/q1fy19squareinc10-q.htm

They are growing revenues in that space very rapidly. However, it's not exactly a hugely profitable business yet as of that revenue, only $832,000 was net profit. Still, interesting to see how much activity is happening on the Square app.
submitted by bannercoin to CryptoCurrency [link] [comments]

The Road to USD 25K is 'Easy': Double Bitcoin Users, says Tom Lee

The Road to USD 25K is 'Easy': Double Bitcoin Users, says Tom Lee
To hit USD 25,000 per bitcoin (BTC), we need to find a way to double the current number of active BTC users, according to co-founder and the Head of Research at Fundstrat Global Advisors, Tom Lee.
https://preview.redd.it/e5lv2t0feuy31.jpg?width=678&format=pjpg&auto=webp&s=e11f8363e9de63e2d2b52cffd77e7d4271fed95b
In an interview with CNBC today, Lee argued that BTC will hit USD 25,000 by 2022, which is the number Fundstrat established two years ago as a five-year view for the coin. “It’s quite easy to achieve,” says the analyst. According to the company’s estimates, today less than half a million people "own and use bitcoin widely today," and if that number turns into a million, the price will get to USD 25,000.
"Cryptocurrencies are network value assets, meaning, the more people that hold it, the greater the value. In fact, it’s a log function, right? So if you double the users, you get a quadrupling of value. And to go to USD 25,000, you essentially need a 4x rise – a little bit less than that – which means you need to double the number of people who hold bitcoin,” Lee explained.
https://preview.redd.it/qgkojq1geuy31.png?width=900&format=png&auto=webp&s=fd361515810369a056c32b9ef076f0c20fb37997
Meanwhile, European digital asset management company, CoinShares Group, in their recent report estimated that, a year ago, at least 139 million user accounts have been created at crypto service providers, representing an estimated minimum of 35 million ID-verified users.
In either case, Lee said that the long-term future of Bitcoin is “very bullish.” It’s the early days for digital assets, he explains, and over time it will become institutional and an asset class. “Once we hit that,” says Lee, “it’s actually another hockey stick [-like price rise].”
He explained that what we’re seeing here is a log / utility function, and as an example for comparison he took the price return of the FAANG (Facebook, Amazon, Apple, Netflix, and Google) stocks since their IPOs (initial public offerings). “70% of the return is explained by the growth of the global internet in that period of time,” he says, concluding that “it was a log function of the internet’s growth, and that’s how cryptocurrencies are going to work.”
Meanwhile, anonymous investor and Twitter user Plan₿, known for his insights into the stock-to-flow ratio, said recently that that the exponential growth in bitcoin's price will continue, and that it will be fueled by BTC’s scarcity dynamics. "Before Christmas 2021, Bitcoin should be, or should have been, above USD 100 K; if not, then all bets are off and it [the stock-to-flow model] probably breaks down."
Furthermore, Lee said back in June that BTC is just at the beginning of its bull run, that it will easily surpass its all-time-high, and that it can reach as high as USD 40,000 in an unspecified future. In another interview, he also stated that if equities rise, bitcoin will follow – and all-time-highs may be coming soon.
submitted by dwoinik to u/dwoinik [link] [comments]

I was surfing on the dark web yesterday, and I saw something about doubling bitcoins in the hiddenwikitor. Today i have received a message via sms with something like: Double your bitcoins! [link] . I haven't opened it yet... What do i need to do?

submitted by Nicolello_iiiii to NoStupidQuestions [link] [comments]

CME intends to double Bitcoin futures position limit to $100 million - Coin Rivet

CME intends to double Bitcoin futures position limit to $100 million - Coin Rivet submitted by NightTrader0 to btc [link] [comments]

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