7 ways to get your money back from a Bitcoin Scam - Scam ...
Your Mom’s Guide To Bitcoin - Forbes
Bitcoin - The Currency of the Internet
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u/Dm_Me_Your_Bitcoin Explains how America forced most of it's People of Color to migrate to large coastal states in their parents & grandparents generations; then geographically made their votes worth 1000+ times less than that of their mostly white counterparts, that live in the middle states
[ Bitcoin ] Mentor Monday, September 21, 2020: Ask all your bitcoin questions!
Topic originally posted in Bitcoin by rBitcoinMod [link]
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 /BitcoinBeginners You can sort by new to see the latest questions that may not be answered yet.
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What's the most reliable Bitcoin price source? I currently use coinmarketcap.com but wondering what everyone else relies on as exchanges all have slightly (sometimes not so slightly) variying prices.
I have had Bitcoin on coinbase for years! A couple of months ago I decided to get a ledger, and it seems I did so just in time! Yesterday my phone service stopped working (said the sim was not provisioned). At first I didn't think much of it. I have connection problems often, anyway. Today I woke up and it was still not working. I also couldn't access my email. I contacted my phone provider and apparently someone went into a store and told them they needed a new SIM. They switched my SIM off when the new one was activated. They used it to access my email using the 2fa account recovery. They logged into coinbase, which was luckily empty. They tried to use my linked credit card and Bank account to purchase $25,000 worth of Bitcoin through coinbase, but luckily it was rejected. I also luckily have different passwords for everything I do online. It seems like 2fa actually made my account more susceptible to attack in this case. As far as I can tell no other accounts were compromised, but I'm changing everything anyway, just in case. Be safe! Keep your coins in your own wallet and far away from the exchange!
How many of the 25 steps in the bitcoin rabbit hole have you mastered? Be honest. Count how many and divide your score by 2.5. Your Score: <5: learner / weak hands 5-7: hodler 8-9: mature 10: orange pilled Post your result below. The Bitcoin Journey: 1. That (log) price chart! 🧐 2. Digital scarce? 🤔 3. Satochi 4. Blockchain 5. Alts 6. Mining, halvings, diff adjustment 7. How do I get it? 8. Wallets, keys, seeds, exchanges 9. Crypto Twitter 10. Fees, hashrate, mempool, txs 11. Money, inflation, central banks 12. Stocks, S&P500, 13. Charts, TA, RSI, MA’s, triangles, patterns 🤓 14. Keynes, Austrian economics 15. Bull/bear market, trading, win/lose 16. Network effects & adoption 17. Gold, Silver, real estate 18. Full node, electrum pvt server 19. Evangelize / orange pilled 💊 20. All-in / auto-dca 21. Immaculate conception 22. NGU, game theory 23. Cosmic renaissance 24. Opsec, multisig 25. Maximalism Let me know your score & what’s missing from your journey. Also accepting suggestions for better results categories/ descriptions.
Serious question about bitcoin use in 30 years - If bitcoin stabilizes and becomes a deflationary currency, what will incentivize you to ever lend your bitcoin to a new small business owner?
If the rate of deflation is such that the value of your bitcoin increases a certain percent every year, let's say 15%, why would you ever bother lending bitcoin to new small business owners? I'm curious how the economic system would work in this situation. What would it actually look like? Is this just a case of higher interest rates for lending out bitcoin? For example. If you can get 15% through deflation without lending your money, then you would need to lend out at a high enough interest rate so that your return would exceed the automatic deflationary increase of 15%? Is that the basics of it? So the interest rate of borrowing bitcoin would effectively always be related to the deflation of bitcoin and the inflation from new supply. Whatever that balances out to? (Assuming overall demand has somewhat stabilized through the economy by then so you don't get huge price swings.)
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