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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 any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.


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#Bitcoin $60000

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u/AvodLooksee avatar

Just what I came on Reddit to see, excellent work.

What a Great morning it is waking up to this! Good morning from the USA 🇺🇸

I keep waking up hoping it might have dropped a little so I could add another 1000 dollars worth to my account. Sigh...not today!

u/xkemex avatar

Put that 1000 in it will hit 100 K in no time!

Exactly this. Don't worry about the dips. Buy when you feel like buying.

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u/Cheap_Confusion_9475 avatar

Me too! Shared excitement counts double

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It's time again to buy high sell low bois.

u/Isnt_History_Grand avatar

Buy high.

Smoke some weed.

Sell higher

If I study high, and take the test high, I'll get a high score

How High 👏

10-9-8-7-6-5-4..3-2-Murder 1, Bitcoin at your door

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sound logic

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u/TinSodder avatar

This IS the way! Buy high, sell Higher. Or HIgher, or HIGher, or HIGHEr or don't sell at all and just purchase something nice with it when its HIGHER!

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u/Heph333 avatar

Buy high.... Never sell

u/arcrad avatar

Buy high; sell? No.

Bought while high. Did I win?!

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u/coldfurify avatar

That’s not healthy, you should at least get 7-8 hours of sleep

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u/OgreLord_Shrek avatar

Power naps mess me up for the rest of the day

My “power naps” mess me up because they end up turning into a 3 hour nap.

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brb sleeping

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u/AlexFilist avatar

Then we'll probably see you when september ends

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u/TinSodder avatar

So September?

When it ends

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The innocence can never last

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u/ClonedY avatar

100 Satoshi = 6 Cent

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Holy shit

Soon 1 sat = 1 cent

u/minimally__invasive avatar

Satoshi chose a Max supply of 21 mil bc back then the total money supply was 21 trill. I thought cool, that's neat. Then I realized that a bitcoin has 100 mill satoshis, which is arguably a weird number of zeros for. Then it struck me, ffffff this mofo has been planning 1 sat = 1 cent all along!

Congrats Satoshi-sensei

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Honestly, when that happens, we need to add more decimal places so we can stream money better.

Honest question - can they upgrade the network to make Bitcoin more divisible in the future?

Yes, it would be an easy upgrade that would probably have mass adoption.

Everyone in the space wants BTC on the LN to be able to stream fractions of a penny. Imagine reading articles and paying 0.0000001 dollar for every 5 seconds you read. ADs would go away quickly... or imagine getting paid 0.0001 dollar for every second you watch an ad.

u/DoktorDork avatar
Edited

If they pay me that in BTC, I’d say “where are these ads i must watch?”

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Ive been reading about LN for so many years, serious question, if its not yet adopted what makes you think itll ever be?

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soon 1 sat > 1 usd

u/mofukkinbreadcrumbz avatar

Soon 1 sat > 1 btc (today)

Lol

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u/DerKorb avatar

transaction fee currently is 100 Satoshi per byte...

u/AManInBlack2020 avatar

Only if you had some need to get on the next block right now.

Minor purchases can:

A) Be done on LN

B) Bid a lower amount and confirm during lower demand times.

The world doesn't need to record petty purchases for all time. Though, if you want to rush to the front of the line, you can.

Not unlike the express pass at amusement parks, actually.

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Our little Ponzi scheme just keeps going up.

/s

u/Prelsidio avatar

Too bad he doesn't have an active twitter. I wonder why hahaha

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Shh. Don't tell anyone

huh, almost like no one who invested in Bitcoin has lost money

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“He bought at 50k and sold at 40k only to buy in again at 60k, day traders hate him!”

The fact that there are consistent corrections is, I think, evidence that it’s not a Ponzi scheme. To my knowledge, those have no real downticks.

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Only if you HODL!

u/TheRiverStyx avatar

I bought my first $100 worth and it immediately dropped 15%... but now it's back again.

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Nooooo.

They told me bitcoin was going to zero.

Why is there a 6 in front of all those zeros ?

🚀🚀🚀

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u/Herpderpyoloswag avatar

Goal locked and loaded at 69420

u/parishiIt0n avatar

Before 4/20 or it doesn't count

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*Wakes up this morning. Sees the price at 60,000+

Woo! Just gained 16 usd on my 200,000 sats!

You know you want 300,000.

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u/Frogolocalypse avatar

One day people will look back at this day and think the people who bought bitcoin at 60K were lucky because they bought it so early.

u/wavrunrx avatar

this

u/Civil-Share6258 avatar

is

GENTLEMEN.

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SPARTA!!!

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u/nixle avatar

Fun fact:

60 000 is actually very close to 50 000 EUR and there is a huge EUR wall at 50k. Two mayor psychological hurdles to take. After that, it's an obvious clear path to the moon.

We hit 50k EUR! Let’s go!

£42,800... still a bit to go for us brits!

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We heard $50K was a huge barrier and it breezed past that.

u/goldstan avatar

autopilot to the mooon

It hit that already

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u/AltCoin_Guru avatar

What happened today ? BTC price increasing like mad and all cryptos in general !! What am I missing

u/jonathanbuyno avatar

The train🚂🚂🚂🚂

u/_Divine_Plague_ avatar

choo choo motherfucker!🚂🚂🚂🚂

u/AltCoin_Guru avatar

I never missed the train man. Just asking the reason . I am holding till It hits 100 i by year end

u/cryptocraze_0 avatar

Stimulus checks I guess.

I would guess that it might be investors buying before the consumers get their stimi and cause a bump. But I don't know.

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Then what? Selling for massively depreciating fiat?

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u/Furnituresovie avatar

People started getting their stimmy checks

u/SlyCopper93 avatar

Right got mine today then checked coinbase for a dip but see it break 60k. I'll take that.

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They really start getting 1400?

u/Lord_Mud avatar

Mine is pending in my bank account for the 17th

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How do you see? I have a large blue bank that built railroads.

u/Lord_Mud avatar

With my bank I just click on my checking account and there’s a “scheduled transactions” tab

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Yeah, I got mine yesterday around 8pm

Got mine last night and bought in at 56k

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u/Mapumbu avatar

People are anticipating all the stimulus check money. Last time they were issued, anyone buying $1300 of bitcoin would have $10k. This week we are going TO THE MOON, baby

u/MigraineSuffering avatar

That’s insane. Wow hahaha wow.

I love bitcoin.

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MicroStrategy bought another $15 million as well.

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u/Medium-Jury3677 avatar

Bought 2 Btc for about 10k last year. Lets rock 🚀🚀🚀🚀🚀....sorry, lets moon 🚀🚀🚀🚀🚀

I bought three, and then with sheer skill and consummate ability, I traded them into two!

I bought an Alfa Romeo for 8btc last year and it would be two Ferrari now. Bring it.

This is what I tell myself...you helped adoption.

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u/thatsmoothfuck avatar

It's not something the jedi would teach you.

That's another reason why I took my BTC off the exchange and straight to a cold wallet, just to avoid the temptation.

u/Frogolocalypse avatar

This is the way.

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u/processedchicken avatar

Buy high/sell low, you're living the dream.

I generally go with, sell high, buy higher.

u/processedchicken avatar

Also a popular strategy.

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u/piezoneer avatar

Super sad to have absolutely zero family members take my advice to buy big last year. Pounding the table for months. Looks like I'll have to support the whole clan by myself. Getting rich this way is lonely.

u/TinSodder avatar

Try telling that story for eight years and nobody listening.

Practically begging people to just put a little skin in the game, 3 or 4 or 500 bucks I'd tell them, what could it hurt? The potential I'd preach.

No-one could be convinced or just inaction, idk. Now? I get texts at all the major price points from them asking if I'm still in... Lol! YES.

u/RayGun381937 avatar

I listened to my hipster nephew about Bitcoin about 6 years ago... and held because I never needed to /cared enough to sell; he’s my favourite nephew now! 😂

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Sad thing some of them might be hoping your answer is "No". ("at least we're both missing out, i.e I'm not the only idiot")

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u/zoomingalong avatar

You're the only one with big brain.

Get it playa

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u/Jethroe1 avatar

100 MILLION IN BITCOIN SHORTS WIPED OUT THIS MORNING!

Who the fuck shorts the best performing asset in human history?

I won’t use the word but they use it to describe themselves over at r/wallstreetbets

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I love that it closed that minute on exactly $60,000

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That cat is so fucking cute

I had 12 bucks in btc a few months back. Now it's 33 or something 🤣🚀🚀🚀🚀

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I bought $100 in btc at the end of January, now it's $136. I should probably yolo some real money into it.

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u/SensationallylovelyK avatar

I’m up $100 bucks for the first time in my crypto holding career!

u/Gustavus_Arthur avatar

Papers who sold sub 50 on suicide watch

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A taco at Taco Bell is 2150 Satoshi

1 btc is over 20k crunch wrap supremes

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I’m struggling to decide which one I’d rather have

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u/onlyascientist avatar

Equivalent to a 20% deposit on a $300K house!

u/fsh5 avatar

Or... Hear me out.... A 10% deposit on a $600k house.

Are you sitting down yet?

How about a 5% deposit on a $1.2MM house!!!

20% means you don't have to pay Primary Mortgage Insurance, which means you aren't just throwing money away b/c you don't have enough equity. PMI really messes things up for a profitable sale any time in the near future. "Jumbo" loans (over 700k) tend to need more than 5% down, reason being it's much harder to sell a house over 700k b/c there are a lot fewer people buying them.

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u/Iyaoyas2015 avatar

Was waiting for the drop to fill my $55K order last night. Ended up buying at $58k. What I learned?

Stop watching Pornhub and buy when you have the chance.

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I miss doing this every $1000

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That’s awesome. I just put in 1000 at 61400. Made a fat 4 bucks so far!

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u/WindowToTheRedwoods avatar

I have one bitcoin I bought at 4,000. I'm so proud of it. Obviously EVERYONE wishes they bought as much as they could when it was extremely low, but hey if you have ANY, good for you.

We can't turn back time but if we could, we'd all be god damn millionaires.

JUST WOKE UP TO THIS....

AMAZE-BALLS

I've made 2500 pounds from bitcoin so far, it's not that impressive but I'm hoping in a few years I can pay my student loan back

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u/langdonga avatar

Made a whole 8 dollars so fair wish me luck hold

Congrats guys! Finally $60k!

we tarkov players are also happy with this (the value of bitcoins ingame is the same as irl)

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u/svote avatar

Alexa, play Good Day by Nappy Roots.

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I'm about to become a proper Landlord this year lol

Careful what you wish for

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Hm? There is no better "job" in 2021 than being a Landlord. Real Estate is a money-making machine, always will be.

u/Laughatitall avatar

I lost $65,000 in property value this year alone and I’m underwater by $100/mo on my rental.

Bought in 2016.

Please explain how this is good

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u/romjpn avatar

"The more things you own, the more they own you."
My dad about being a landlord. Maintenance, renters who trashed the place etc.
In that regard, Bitcoin is much better lol

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Except when there's a moratorium on evicting tenants that don't pay rent.

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Wow.... so weird how it exploded overnight like that. Does anyone have a theory why we'd see such price action overnight? Even if its Asia why would Asia wait until Saturday morning to buy it up?

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So Bill Gates just closed his shorts?

Creamed* his shorts

Liquidated.

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Kinda funny you just tossed $200 to be fair.

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You gave up that easily on $200? Money basically tested you and you failed the test. Now money ain't come around no more

u/2gramsbythebeach avatar

Kinda funny that you thought $200 isn't a lot of money lol

u/notnotjamesfranco avatar

Very silly

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u/parishiIt0n avatar

Be thankful that bitcoin had (have) a visionary team of devs that acknowledge the value of ASIC mining in contrast to other coins that prefer GPU mining instead

Can’t wait to invest my stimmy into BTC

This is Just The Beginning Boyz and Girlz 🤙

100K by end of year????

u/NeptuneLagoon avatar

I love that there are people out there making these things.

im gettin rich...WE gettin rich

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Is this because of stimmie cheques? If so, this week will be great!!! Lets fucking gooo

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This is textbook. BTC CME closes down at X. BTC big weekend pump to Y. Sunday night, Monday morning before CME opens BTC retraces back to X, close gap, & carry on.

u/kartoffelwaffel avatar

only one problem - btc isn't in the textbook

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Damnit I sleep through all the ceilings. Woke up 5 mins after it broke 50k too.

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Alexa, play Good Morning by Kanye West

u/___alexa___ avatar

ɴᴏᴡ ᴘʟᴀʏɪɴɢ: Good Morning ─────────⚪───── ◄◄⠀⠀►►⠀ 2:10 / 3:16 ⠀ ───○ 🔊 ᴴᴰ ⚙️

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Just woke up and saw this without knowing it already hit 60k 😂 This really made my day thanks man!

Where you at Schiff? 🚀🌛

u/profstarship avatar

I have my first sale set at 69000, just selling 10% to recoup my investment into btc and then its all free money after that lol. So stoked!

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DESTINATION UKNOWN

All aboard!!!! Next stop 70k

Remember the CNBC article three weeks ago "BTC crashes" remember the CNBC article Three years ago "BTC crashes". Bunch of yoyo's.

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$69,420 is the next big resistance

You can still try buying Bitcoin through https://www.gemini.com/

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While this is great news, please keep in mind to not be greedy make your goals and when you reach that goal take your money out, everyone is in expert in bullish market, and you can only see a bubble looking backwards

Is this the ATH?

u/TinSodder avatar

ATM ATH is what this is.

u/110010010011 avatar

yes

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youtube link??

u/DarkWinterNights avatar

Bitcoin was $3858 1 year ago today before rocketing up 1566% to $60,415.

Let that soak in.

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u/Mox_Verum avatar
u/ault92 avatar

That's one hell of a wall at $60k

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u/squidjibo1 avatar

60 Gs babyyyyyy!!!! https://gph.is/g/4DWj6lz

u/whollyguac avatar

Remember that $9000 meme?

u/playingandrealityxxx avatar

Hodling til I fucking die

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Need a 10 hour version

100k soon

u/anonbitcoinperson avatar

Anyone see what the bitcoinity gif was ?

Me waiting for the dip while fomo kicks in

Lets go!

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