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Cryptocurrency news and alerts by ResoNova.com
“The Space” | New Bitcoin Citadel in Denver, Colorado
https://www.reddit.com/r/Bitcoin/comments/1gaabef/the_space_new_bitcoin_citadel_in_denver_colorado/
36,000 coins worth $2.4 Billion in outflows from ByBit Exchange on Oct 19th
https://www.reddit.com/r/Bitcoin/comments/1ga9xts/36000_coins_worth_24_billion_in_outflows_from/
The world savings day is coming up soon
https://www.reddit.com/r/Bitcoin/comments/1ga9ws9/the_world_savings_day_is_coming_up_soon/
Adam Back: Bitcoin is "probably the most high-security and robustness assurance piece of software in the world at this point".
https://www.reddit.com/r/Bitcoin/comments/1ga80nc/adam_back_bitcoin_is_probably_the_most/
Russia Launches BRICS Mining Infrastructure Project
https://www.reddit.com/r/Bitcoin/comments/1ga6du2/russia_launches_brics_mining_infrastructure/
<!-- SC_OFF -->Worth a read. I've copy/pasted the summary conclusion below, but the paper itself gives more, imho. Conclusion Bindseil and Schaaf frame Bitcoin as a speculative and unstable asset while promoting CBDCs as the superior solution for the future of digital finance. However, a deeper analysis of their working paper reveals fundamental flaws in Bindseil and Schaaf’s assumptions and theoretical model, as well as a basic misunderstanding of Bitcoin’s technological fundamentals and advances. Their overreliance on Bitcoin’s price volatility as an indicator of instability ignores the broader context of emerging technologies, where volatility is often a characteristic of early-stage adoption. This narrow focus also overlooks the real-world benefits Bitcoin offers in financial inclusion, cross-border payments, and technological innovation. In addition to these analytical shortcomings, the paper’s emphasis on U.S. political dynamics—culminating in a narrative about the potential impact of Bitcoin on U.S. elections—suggests that the authors have gone beyond neutral academic analysis and are aiming to influence public policy debates. This overt political framing, which does not fit with the paper’s supposed economic focus, raises questions about its intended audience and the objectivity of its conclusions. Bindseil and Schaaf’s professional roles at the ECB introduce potential conflicts of interest that further undermine the paper’s credibility. Their vested interest in advancing CBDCs likely skews their portrayal of Bitcoin as a speculative asset, while ignoring the considerable risks posed by CBDCs, such as state surveillance, financial instability, and the loss of privacy. Given these significant flaws, the paper’s conclusions clearly render their preprint unsuitable for academic publication. The combination of methodological weaknesses and personal or institutional biases undermines the rigor and objectivity required for scholarly inquiry: the working paper fails to provide a credible analysis of the utility or future of Bitcoin. <!-- SC_ON --> submitted by /u/Shiratori-3 (https://www.reddit.com/user/Shiratori-3)
[link] (https://www.murrayrudd.pro/challenging-bias-in-the-ecbs-bitcoin-analysis/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ga5bjk/rebuttal_to_ecb_published/)
submitted by /u/CryptoNerd_16 (https://www.reddit.com/user/CryptoNerd_16)
[link] (https://v.redd.it/talaskggjgwd1) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ga4n8w/gary_gensler_wishes_bitcoin_a_sweet_sixteen_for/)
submitted by /u/CryptoNerd_16 (https://www.reddit.com/user/CryptoNerd_16)
[link] (https://www.cryptotimes.io/2024/10/23/paul-tudor-jones-says-hes-long-on-gold-and-bitcoin/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ga3s3x/paul_tudor_jones_is_bullish_on_gold_and_bitcoin/)
Regulation Brings Clarity to Web3 Market, Developers, and Companies, Says Ava Labs CBO - Bitcoin.com News
https://news.google.com/rss/articles/CBMirgFBVV95cUxQUDZaaVVnR09jR2IxMjVFSDVSQVpPTzlwb1pyTmhEbXR0ejh5QldTS1M0a2tyUkFhUFZJWXk0dTdod2ZMQ1VUN2RSVDhrcGp4bGpCQ05qa05BSmlrd1JJX0xiN201cG9EZURUVTd6N0RFc2NQVHFzNXhySmw5eUs2YnZ5ZTQtZjFleG10eXdHdkpvWnFadGVSNlpIUlN6U2taNWlYY2JkWHFqWUdRbkE?oc=5
Regulation Brings Clarity to Web3 Market, Developers, and Companies, Says Ava Labs CBO (https://news.google.com/rss/articles/CBMirgFBVV95cUxQUDZaaVVnR09jR2IxMjVFSDVSQVpPTzlwb1pyTmhEbXR0ejh5QldTS1M0a2tyUkFhUFZJWXk0dTdod2ZMQ1VUN2RSVDhrcGp4bGpCQ05qa05BSmlrd1JJX0xiN201cG9EZURUVTd6N0RFc2NQVHFzNXhySmw5eUs2YnZ5ZTQtZjFleG10eXdHdkpvWnFadGVSNlpIUlN6U2taNWlYY2JkWHFqWUdRbkE?oc=5) Bitcoin.com News
crypto exchange
https://www.reddit.com/r/Bitcoin/comments/1g2j99y/crypto_exchange/
<!-- SC_OFF -->crypto exchange that takes low fees on bank transfers ? <!-- SC_ON --> submitted by /u/Short-Falcon7795 (https://www.reddit.com/user/Short-Falcon7795)
[link] (https://www.reddit.com/r/Bitcoin/comments/1g2j99y/crypto_exchange/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1g2j99y/crypto_exchange/)
BTC on my mind.
https://www.reddit.com/r/Bitcoin/comments/1g2ifce/btc_on_my_mind/
<!-- SC_OFF -->Get lit boy Deposit Bitcoin Cop the stock Hold down the block Chain and refrain to sell HODL well and rewards will impress Go head, deport the kid I’m borderless. <!-- SC_ON --> submitted by /u/Alphius247 (https://www.reddit.com/user/Alphius247)
[link] (https://www.reddit.com/r/Bitcoin/comments/1g2ifce/btc_on_my_mind/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1g2ifce/btc_on_my_mind/)
Reasons How MicroStrategy Becomes Succesful With Bitcoin. Do you agree?
https://www.reddit.com/r/Bitcoin/comments/1g2ezke/reasons_how_microstrategy_becomes_succesful_with/
submitted by /u/dbudlov (https://www.reddit.com/user/dbudlov)
[link] (https://youtu.be/aOrEPtCrGgg?si=HeEsVtGFRa3aq3St) [comments] (https://www.reddit.com/r/Bitcoin/comments/1g2cwac/the_fourth_turning_preparing_for_the_next/)
<!-- SC_OFF -->Bitcoin has no top because fiat has no bottom. The FED will print the USD into oblivion. BTC thrives in monetary debasement scenarios so my question is: Do you think the FED will ever stop the circulation of new dollars? Once you understand that this is a BRAND new asset class of which humans have NEVER EVER seen before. You sleep well at night knowing that you’re holding one of the scarcest asset in the world - HODL <!-- SC_ON --> submitted by /u/giveityourall93 (https://www.reddit.com/user/giveityourall93)
[link] (https://i.redd.it/g5afljjupeud1.jpeg) [comments] (https://www.reddit.com/r/Bitcoin/comments/1g2c93c/still_wondering_if_its_too_late_to_start_take_a/)
Im a fresh crypto/BTC beginner working on a rough draft explaining bitcoin to other beginners that reads - but mostly myself. Would someone point out any glaring inaccuracies in anything I’ve written so far? Much appreciate in advance!
https://www.reddit.com/r/Bitcoin/comments/1g2apv4/im_a_fresh_cryptobtc_beginner_working_on_a_rough/
<!-- SC_OFF -->Bitcoin is a cryptocurrency, an intangible digital asset whose value stems from the demand of those who wish to possess the rewards generated by the solving of cryptographic puzzles, whether they are aware of it or not. That’s right. The first bitcoins were produced when Satoshi Nakamoto’s computer solved a cryptographic puzzle. These initial coins served as a reward for providing computational power to create a new block in the blockchain (will expand on these terms later). Have you ever heard the phrase ‘mining bitcoin’? This is essentially what Satoshi Nakamoto and all other bitcoin miners have done to increase their bitcoin balance and fortunes. Simply put, mining is the process of using computational power to solve complex cryptographic puzzles. Successfully solving these puzzles and demonstrating their solution is known as ‘proof-of-work.’ We need to hold off on discussing blocks and the blockchain for now, as these are protective mechanisms implemented by the Bitcoin network to solve important problems. For now, let’s focus on bitcoin and their transactions. Imagine you are a bitcoin miner. When your computer successfully establishes a new block after solving a puzzle, you become the beneficiary and owner of a certain number of bitcoins. This allocation of bitcoins to you constitutes a transaction—the network (payer) has rewarded you (payee) with X number of bitcoin (good ole' money). Let’s take a look at a more familiar example: Bob transacts with Alice. He initiates a transfer of $10 to her. Bob’s wallet is debited $10, and Alice is credited $10. This transaction has a few components: a debit and a credit. A bitcoin transaction has a similar structure, except debits and credits are referred to as inputs and outputs. Remember this distinction. Recall the first bitcoins mined by Satoshi; this involved a transaction where the network paid Satoshi, the payee. In this transaction, the bitcoin assigned to Satoshi is the output, but more specifically, it is an Unspent Transaction Output (UTXO). These UTXOs are the bitcoins that Satoshi, or any miner/beneficiary, can spend and exchange for goods and services. In essence, UTXOs = bitcoin. Miners are given rewards that equate to UTXOs, which in turn represent bitcoin. Rewards, UTXOs, and bitcoins are all one and the same. <!-- SC_ON --> submitted by /u/atomiconglomerate (https://www.reddit.com/user/atomiconglomerate)
[link] (https://www.reddit.com/r/Bitcoin/comments/1g2apv4/im_a_fresh_cryptobtc_beginner_working_on_a_rough/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1g2apv4/im_a_fresh_cryptobtc_beginner_working_on_a_rough/)
submitted by /u/MSTR_CallsAtOpen (https://www.reddit.com/user/MSTR_CallsAtOpen)
[link] (https://i.redd.it/c3mrf9l47iwd1.png) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ga9xts/36000_coins_worth_24_billion_in_outflows_from/)
submitted by /u/mrhaywardberlin (https://www.reddit.com/user/mrhaywardberlin)
[link] (https://v.redd.it/lklyh80p6iwd1) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ga9ws9/the_world_savings_day_is_coming_up_soon/)
submitted by /u/road_x (https://www.reddit.com/user/road_x)
[link] (https://v.redd.it/e9b5gjphphwd1) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ga80nc/adam_back_bitcoin_is_probably_the_most/)
submitted by /u/DAOTimes (https://www.reddit.com/user/DAOTimes)
[link] (https://www.forbes.com/sites/digital-assets/2024/10/23/russia-launches-brics-mining-infrastructure-project/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ga6du2/russia_launches_brics_mining_infrastructure/)
New to Bitcoin best apps
https://www.reddit.com/r/Bitcoin/comments/1ga5v6i/new_to_bitcoin_best_apps/
<!-- SC_OFF -->What is the best app to use to receive Bitcoin fairly new to this any tips and advice appreciated <!-- SC_ON --> submitted by /u/Anxious-Ease2982 (https://www.reddit.com/user/Anxious-Ease2982)
[link] (https://www.reddit.com/r/Bitcoin/comments/1ga5v6i/new_to_bitcoin_best_apps/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ga5v6i/new_to_bitcoin_best_apps/)
Rebuttal to ECB published
https://www.reddit.com/r/Bitcoin/comments/1ga5bjk/rebuttal_to_ecb_published/
Gary Gensler wishes Bitcoin a ‘sweet sixteen’ for white paper anniversary.
https://www.reddit.com/r/Bitcoin/comments/1ga4n8w/gary_gensler_wishes_bitcoin_a_sweet_sixteen_for/
Paul Tudor Jones is bullish on gold and Bitcoin! He believes rising U.S. debt is leading to inflation and advises investing in gold, Bitcoin, and tech stocks. “I’m long on gold and Bitcoin,” he said, while warning bonds may struggle. What do you guys think?
https://www.reddit.com/r/Bitcoin/comments/1ga3s3x/paul_tudor_jones_is_bullish_on_gold_and_bitcoin/
Could large institutional Bitcoin holdings lead to market manipulation in the future?
https://www.reddit.com/r/Bitcoin/comments/1g2jri4/could_large_institutional_bitcoin_holdings_lead/
<!-- SC_OFF -->With more institutions like hedge funds, corporations, and even governments buying up massive amounts of Bitcoin, do you think the market could become more prone to manipulation? As the distribution of BTC becomes more concentrated among fewer entities, could these institutions have too much power over the price, especially during periods of low liquidity? Would this undermine the decentralization and free-market nature that Bitcoin was built on? Curious to hear your thoughts! <!-- SC_ON --> submitted by /u/Cyber_Phantom6 (https://www.reddit.com/user/Cyber_Phantom6)
[link] (https://www.reddit.com/r/Bitcoin/comments/1g2jri4/could_large_institutional_bitcoin_holdings_lead/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1g2jri4/could_large_institutional_bitcoin_holdings_lead/)
Daily Discussion, October 13, 2024
https://www.reddit.com/r/Bitcoin/comments/1g2j7oa/daily_discussion_october_13_2024/
<!-- SC_OFF -->Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new (https://www.reddit.com/r/Bitcoin/new) which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Please check the previous discussion thread (https://www.reddit.com/r/Bitcoin/comments/1g1ts5s/daily_discussion_october_12_2024/) for unanswered questions. <!-- SC_ON --> submitted by /u/rBitcoinMod (https://www.reddit.com/user/rBitcoinMod)
[link] (https://www.reddit.com/r/Bitcoin/comments/1g2j7oa/daily_discussion_october_13_2024/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1g2j7oa/daily_discussion_october_13_2024/)
<!-- SC_OFF --> Visionary Investment Michael Saylor, famously turned the company into a Bitcoin play as a store of value. Portfolio Shift They sold off a chunk of their traditional investments to buy Bitcoin. Market Mover This move not only diversified their assets but also sent a strong signal to the market about Bitcoin's legitimacy in corporate treasuries. Volatility Rollercoaster It's added a thrilling element to their financial statements Innovative Strategy Treating Bitcoin as a long-term asset & a hedge against inflation. <!-- SC_ON --> submitted by /u/keepaddingvalues (https://www.reddit.com/user/keepaddingvalues)
[link] (https://i.redd.it/799tdujvgfud1.jpeg) [comments] (https://www.reddit.com/r/Bitcoin/comments/1g2ezke/reasons_how_microstrategy_becomes_succesful_with/)
Advice trading on bisq
https://www.reddit.com/r/Bitcoin/comments/1g2duur/advice_trading_on_bisq/
<!-- SC_OFF -->Hi guys, wanting to delve on trading on a decentralized exchange. Would appreciate some advice on trading on bisq does and don’ts <!-- SC_ON --> submitted by /u/Guretto (https://www.reddit.com/user/Guretto)
[link] (https://www.reddit.com/r/Bitcoin/comments/1g2duur/advice_trading_on_bisq/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1g2duur/advice_trading_on_bisq/)
The Fourth Turning: Preparing for the Next Financial Crisis and the Role of Hard Assets
https://www.reddit.com/r/Bitcoin/comments/1g2cwac/the_fourth_turning_preparing_for_the_next/
Still wondering if it’s too late to start? Take a look and decide for yourself😏
https://www.reddit.com/r/Bitcoin/comments/1g2c93c/still_wondering_if_its_too_late_to_start_take_a/
What is the minimum transaction amount ?
https://www.reddit.com/r/Bitcoin/comments/1g2alui/what_is_the_minimum_transaction_amount/
<!-- SC_OFF -->What is the minimum transaction amount now for transfer to be confirmed?
I tried to send some bitcoins months ago but it never got confirmed. Maybe my transaction fee was too low :-( <!-- SC_ON --> submitted by /u/HostZealousideal9489 (https://www.reddit.com/user/HostZealousideal9489)
[link] (https://www.reddit.com/r/Bitcoin/comments/1g2alui/what_is_the_minimum_transaction_amount/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1g2alui/what_is_the_minimum_transaction_amount/)
