Daily Discussion, June 30, 2018

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submitted by /u/rBitcoinMod
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Bitcoin – The Currency of the Internet

I’ve been in Bitcoin since Feb 2013: Why does each BTC transaction I send still feel amazing? It’s like I’m witnessing a marvel.

To this date (unless I'm really busy), whenever I send a BTC tx I'm always fascinated with what the mempool looks like at that time, which fee I sent the tx at, and that first confirmation is always "magic" to me.

I know it's cheesy as hell, but sending a BTC tx feels like I'm accomplishing something small yet great every single time. I hope it never gets old 🙂

submitted by /u/Logical007
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Bitcoin – The Currency of the Internet

Wasn’t Bitcoin under $2k like just a year ago?

I’m mostly a lurker and spectator.

Seems like all of a sudden I’m hearing people say that Bitcoin is done but it’s still worth about 3x more than a year or so ago… for the longest time people were satisfied with under $ 2k but now that its correcting people are losing their minds?

Is this mostly people that started to invest late and are just not satisfied that it isn’t continuing to grow at unreal rates?

Mining is still lucrative at this price in my opinion.

Peace!

submitted by /u/stonecoldsith
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Bitcoin – The Currency of the Internet

One million dollars per minute, 24 hrs per day, 365.25 days per year, for 6.5 years…

The Federal Reserve created $ 3.5 Trillion USD, backed by nothing, over six and a half years. This is theft.

The number of Bitcoins that will ever be created is fixed, and limited to 21 million. Bankers and governments cannot steal your wealth via inflation if you have (at least some of) your wealth parked in Bitcoin.

submitted by /u/DelfinGuy
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Bitcoin – The Currency of the Internet