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Bitcoin_to_da_Moon 7 hs ago

nice OP

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mimblezimble 10 hs ago

With deterministic build (reproducible build) being a priority in the Rust ecosystem, the Rust language choice is certainly not a problem.

I have also noticed that Rust is the only other language than C in which Linus Torvalds accepts pull requests.

Rust looks like an increasingly good alternative for implementing mechanisms, while relegating policies and choreographies to an embedded script engine.

A next matter is going to be a possible GUI toolkit for end-user apps. I was originally thinking of GTK or QT. However, webview looks increasingly promising.

I was thinking of finishing up a derived app by loading the duktape embedded javascript engine. That would allow for embedding additional non-GUI logic from the npm repository.

I think that an interesting proof of concept would be to reimplement the Electrum CLI porcelain API on top of Nakamoto mechanisms and figure out where the issues could be.

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asellier 7 hs ago

That's right - rust's lack of runtime makes it very appealing in scenarios where C or C++ are currently used. This is also what makes it interesting for developing multi-platform and mobile-friendly libraries.

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safehodl redditor for 7 weeks 10 hs ago

Looks cool! Some initial questions:

How does it differ from Neutrino or whatever mobile wallets like BlueWallet use?
How does it handle IBD?
How does Rust port to Android?

You should try to get onto the https://bitcoindevlist.com/ page or put up a BTCPay donation server.

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asellier 7 hs ago

> How does it differ from Neutrino or whatever mobile wallets like BlueWallet use? BlueWallet uses Electrum as far as I can tell. Electrum requires special nodes to run (doesn't work by simply connecting to a regular bitcoin full node), and isn't privacy-preserving - wallet addresses are sent to the electrum server which then returns the blocks of interest to the wallet client. In terms of privacy and network support, BIP157 is superior to Electrum. Nakamoto actually uses the Neutrino (BIP157) protocol under the hood, which is privacy preserving and supported by bitcoin core full nodes. I think there are a few other neutrino-based wallets out there, but they usually come with their own custom implementation. > How does it handle IBD? IBD at the moment works by choosing a random outbound peer to sync with, and downloads headers sequentially from that peer, while verifying the PoW and timestamps. If there is a fork in the chain, it fetches all headers up to the fork block and chooses the chain with the most work (same as bitcoin core). The initial set of peers are found via DNS. One future improvement to this is to download headers in parallel from multiple peers. > How does Rust port to Android? For Android, binding via rust's C FFI would be the way to go. There is a project working on this here: https://github.com/bitcoindevkit/bdk-jni - and the plan would be to integrate `nakamoto` with `bdk`, for instance.

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ysangkok 5 hs ago

are you aware that BIP157 is not enabled by default? Probably not more than a handful of servers will enable it.

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asellier 4 hs ago

I’m aware yeah. At least it is now officially supported in core, which gives operators the option. I’m also running a full node myself with support for bip157.

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asellier 6 hs ago

> You should try to get onto the [https://bitcoindevlist.com/](https://bitcoindevlist.com/) page or put up a BTCPay donation server. I'm on there!

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asellier 11 hs ago

Happy to answer any questions here!

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bandawarrior Yesterday

Looks promising will have to dive deepr

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gaguw6628 Yesterday

Impressive. It seems parity-bitcoin is longer be maintained, so some new client activity in Rust is nice.

parity-bitcoin had shown little interest in using libbitcoin-consensus (which could be problematic when using it for mining/consensus) - https://github.com/paritytech/parity-bitcoin/issues/404 . SPV clients can avoid thinking about much of this. A Rust light-client might get some more uptake.

There seems to be some major differences in opinion with multiple implementations of full-nodes in the Bitcoin world and other blockchains (such as Ethereum). If there was ever a push for another full node in Rust, some considerable thoughts would need to be given to avoid consensus chain-splits.

I see your notes on privacy and geography of peers. Having preference for some low-latency peers is probably ok.. Bitcoin core does something similar with a preference for compact blocks high-bandwidth mode, but it is not absolute. Bitcoin also limits outbound connections to a single /16 subnet which would help with Sybil and eclipse attacks. I don't think parity-bitcoin did this. SPV needs to be battle-hardened, so following in Bitcoin Core's footsteps is probably a good thing. Much of this has already been thought out.

I've really enjoyed working with Rust.

Be sure to also post on /r/bitcoin

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C5H5N5O Yesterday

Could this be used as a backend for lnd? (Aka a replacement for neutrino).

EDIT: holy moly, why is op being downvoted? (or is reddit just buggy)

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rodyamirov Yesterday

Downvotes are because this sub usually downvotes blockchain, I assume

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Plvyjeciec 13 hs ago

The blockychains are not popular. Still surprises me that programmers knowledge of Bitcoin is so low. With all the attention it gets. Only marketing people call bitcoin blockchain

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rodyamirov 13 hs ago

I admit I'm not a specialist. Are you saying bitcoin is not reliant on blockchain technology, and therefore criticisms of blockchain do not apply to bitcoin, which is an independent and unrelated entity?

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Plvyjeciec 10 hs ago

>blockchain technology Blockchain technology is a poorly defined term that has no meaning If any project has blockchain technology it must be bitcoin as the term blockchain comes from bitcoins format to store data in a linkedlist type structure

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Plvyjeciec 9 hs ago

"Blockchain technology" came from this idea that the technology of bitcoin could be used outside the network for different applications This never materialised. So what blockchain technology was didn't get defined. You could define it in a vague way or guess a meaning Journalists, businessmen and marketing people like using the word but you have to guess as what they might mean and normally it has no meaning

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gaguw6628 Yesterday

This is Bitcoin. A blockchain is a chain of blocks.

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gaguw6628 13 hs ago

Wow the downvotes are strong here. I don't blame people though. There is so much garbage in the 'crypto' space. I can see why it would be difficult to differentiate between Bitcoin and the rest. We'll see what happens..

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rodyamirov Yesterday

Noted, feel free to replace the word blockchain with whatever collective descriptor you like for cryptocurrency, mining, and the related technologies. I don't think it changes the reason for the downvotes.

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gaguw6628 Yesterday

That was my point. People lump Bitcoin in with all the other garbage. This client specifically relates to Bitcoin. Other projects seem to gloss over SPV.

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rodyamirov Yesterday

Are you suggesting people's concerns with cryptocurrency in general do not apply to bitcoin?

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Plvyjeciec 54 mins ago

If people are not going to not like something that's fine. But if programmers sound like marketing laymen when they talk about it doesn't feel the criticisms are that deep. Maybe you do hate Bitcoin but seems clear at this point that people don't know why the don't like it. It's like saying I hate Rust because I made a Wix website once and it was a terrible experience. Ok maybe rust is terrible but your criticism don't seem to be that refined at this point as you are mixing up terms that are unrelated. I honest feel better if people hated Bitcoin but at least knew the science behind it. Rather that programmers using journalist technobabble words

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Plvyjeciec 1 h ago

I would hope they don't Nearly all "cryptocurrency" , "blockchain, whatever that is" projects are predatory scams. ICOs. I don't care if people like Bitcoin or not. But it was an earnist idea and project

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rodyamirov 39 mins ago

I'm not sure this is a good place for a detailed conversation on this or any topic but I can't seem to stop myself. I agree that the big wave of ICOs were scammy and bitcoin wasn't. But the massive amount of energy usage for mining for Bitcoins has entered the realm of public harm. This is to say nothing of the extremely dubious economic properties of cryptocurrency.

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Plvyjeciec 35 mins ago

You might be right For the energy use I would consider the points raised in this article https://www.coindesk.com/the-last-word-on-bitcoins-energy-consumption

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gaguw6628 Yesterday

Some concerns are valid, while others less so. Which concerns are referring to? 'Crypto' unfortunately is very broad. Economic concerns? Technical?

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asellier Yesterday

Yup. I kind of expected this :shrug:

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farsy 2 hs ago

People may follow Rust because they are interested in efficiency (at runtime :) ). Bitcoin mining is incredibly, needlessly, inefficient. The emissions are a huge problem, if there were a 'Hyppocratic Oath' for programmers, we may have left it behind to rot years ago. So maybe this project is great work, but it exists in a wider context. Hope you aren't too disheartened, you are clearly talented and have executed on your vision.

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asellier 1 h ago

Thanks for your thoughtful comment!

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asellier Yesterday

Yes, it's very similar to neutrino, except it's written in Rust instead of Go. So to integrate with a Go codebase, it would have to bind through a C FFI.

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Plvyjeciec Yesterday

>neutrino neutrino is a bitcoin protocol for light client communication not an implementation or a project name

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asellier 12 hs ago

I’m referring to this: https://github.com/lightninglabs/neutrino which is the reference neutrino implementation.

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Plvyjeciec 9 hs ago

That is an implementation of a bitcoin client that includes neutrino, and is named neutrino. Neutrino being a privacy-preserving way to query a node about wallet transactions

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asellier Yesterday

Hey all, happy to answer questions here regarding the implementation, if anyone is interested! This has been one of the larger solo projects I've undertaken in Rust, sitting at around 10KLOC, and the language has been a pleasure to use in this context.

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qznc_bot2 Yesterday

There is a discussion on Hacker News, but feel free to comment here as well.

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Bertz-2- :llosa: Mario Vargas Llosa 2 days ago

Just after someone posted this yesterday

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grig109 2 days ago

If we don't know when debt levels become catastrophic I think it still behooves us to tread carefully and take on as little as possible to achieve whatever outcome we're aiming for.

There are also softer concerns of debt that aren't just hyperinflation. Government debt can crowd out private sector spending, and taxes needed to service the debt can result in lower growth.

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axomatic_meme Yesterday

I mean sure you want to economise spending either way for opportunity cost reasons, but any cost/benefit analysis is going to look at the interest rate at the time rather than any nominal debt threshold the US passes and that interest rate will be determined by inflation. This logic applies to the other situations you've outlined. For example, if inflation determines interest rates then so long as inflation is low/not an issue then crowding out doesn't happen as the Fed just increases the money supply to keep interest rates steady. Cost of servicing the debt? Also determined by the interest rate. So whether increasing the debt is a good idea is always going to be a function of 'does X spending create more social value than the interest expense of X'. There's also a deeper macro-economic argument about why a long-run deficit is desirable but it's a bit more complicated. This is a summary of that argument: [https://www.youtube.com/watch?v=287Cu5me0Og](https://www.youtube.com/watch?v=287Cu5me0Og)

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Dig_bickclub 2 days ago

Just let japan test the limits and stay a couple percentage of GDP below them. 😎

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loserstonk :goolsbee: Austan Goolsbee 2 days ago

!ping ECON

Pinging on behalf of OP to get some discussion/insight going on the topic. :)

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John_Charles_Fremont I’m way less dumb outside the DT 2 days ago

Thanks! Glad to now know this ping exists, joining.

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loserstonk :goolsbee: Austan Goolsbee 2 days ago

No problem! I'll take a look at the article later myself.

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groupbot The ping will always get through 2 days ago

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John_Charles_Fremont I’m way less dumb outside the DT 2 days ago

A response:

https://twitter.com/thestalwart/status/1352714561636487171

He asks: when will US gov borrowing lead to a problem/hyperinflation. And then says nobody knows.

But IMO the very question itself wrong ...

Hyperinflation results from some kind of regime change, societal disruption, war, government legitimacy collapse etc.

That could happen in the US at some point! Government stability isn't looking great these days. But it's a very separate thing than debt or deficit levels ...

If, as Noah says, economists have made no progress in understanding how and when debt levels become a problem, why should we accept their premise that debt levels must at some point become a problem?

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axomatic_meme Yesterday

Very true, was going to point out it's more the rate of debt growth rather than the nominal debt figure itself that poses any sort of inflation risk.

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coolboy182 :globe: 2 days ago

TLDR?

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John_Charles_Fremont I’m way less dumb outside the DT 2 days ago

> But in fact, we don’t actually know if it’s time to think about borrowing constraints! It might be that we’re heading into the danger zone, or it might be that the danger zone is still so far away that we could do a CARES Act every month and not run into trouble for decades. Many people will tell you, very confidently, that they know the answer to this question, but don’t believe them. Our lack of knowledge about borrowing constraints represents a deep, profound ignorance. And that ignorance means that unless and until we actually find those limits the hard way, the policy debate over deficits in the coming years will rest completely on people’s priors, assumptions, and ideologies.

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WinterWindWhip 2 days ago

I guess when debt servicing costs begin to crowd out programs, that's a problem.

The confounding factor right now seems to be that nobody really knows why interest rates stay so low. Or if anyone understands it clearly, I haven't run across it.

Is significant inflation going to return and crush countries under debt servicing cost? Nobody has an answer to that.

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TeamLIFO 2 days ago

Interest rates are low because there is still a huge amount of people that have their wealth split between stocks and bonds. They know the market is inflated and if it were to crash, they'd allocate some from bonds into stocks. There is cash everywhere and these investors are ok with their bond portion getting inflated away.

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[deleted] Yesterday

I don't know why people invest/buy bonds when the yields are dogshit like they are right now. If people want income better to buy a dividend stock or an REIT or something.

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QueefyConQueso 2 days ago

It depends where you are at. The BOJ controls interest by the central bank committing to buy bonds at a certain price. Who would sell a bond for less than the BOJ is willing to buy it? The EU does not have that luxury. They have to practice yield spread control. The individual national debts are controlled differently. In the US, the yield is indirectly tweaked by the feds fund rate. They can affect lending rates across the board. It’s a blunt instrument however. The can’t just effect treasury securities via this tool. But they want all credit expansion cheap, so why not? It’s better for the treasury this way, because it keeps the delta between sovereign debt and other forms of debt securities lower. It may shift demand to higher yielding debt (and increase costs of govt. borrowing) if everything wasn’t low across the board. They also purchase, and continue to purchase treasures that reduces market supply. That may not be their explicit stated intent for doing so, but it does have the effect. The treasury has control over the yield spread by tweaking the amount of bills/notes/bonds issued. There is also overall demand. US treasuries are still the defacto collateral and safe heaven. In times of uncertainty, demand goes up pushing yields down. Which is kinda an automatic oh crap button. Things go to hell, everyone rushes to save heavens, and allows the government to borrow and service existing debt. cheaper to address the oh crap moment. Some European nations have exhausted those tools and are issuing zero yielding or negative yielding debt too make the servicing cost effectively nothing. They still have to roll over the principle though. They can get away with this because the commercial banks with central bank accounts don’t really have a choice in the matter.

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If_I_Was_Vespasian 1 day ago

Why in March, a time of great uncertainty did everyone try and sell their us treasuries? You claim they're such a source of safety.

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QueefyConQueso Yesterday

Same reason gold sold off. In times of uncertainty seek safe heavens. In times of panic, cash is king. It is a *little* more complicated than that. During a big sell off you can have large investors selling off assets like safe heavens and other hedges to cover margins before they are called in, but the effect is similar.

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Debeegistazol 2 days ago

The fact that a lot of this debt is on the hands of foreign governments though is a problem.

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psychothumbs 2 days ago

No it's not

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Debeegistazol 2 days ago

Roughly a fifth of the national debt is owned by foreign creditors. Not all of it is owned by governments themselves but they due control a significant amount of the national debt.

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psychothumbs 2 days ago

Sorry, what I meant is that's not a problem.

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Debeegistazol 2 days ago

I mean it could be. It would be hard for a country to call in there debts because America has the military to tell them to get bent. But I do think it should be concerning that so much of our government is owed overseas.

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psychothumbs 2 days ago

That's not really how it works. The Fed sells bonds, which give their owners a right to a certain payout. There's no "calling in the debt." They could sell those bonds, or stop buying new ones, but neither would create any kind of crisis.

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[deleted] Yesterday

China holds about 7% of US debt. I'd be curious how much of their holdings is in long term treasuries instead of short term. Because in theory China could increase long term interest rates in the US by selling a ton of long term treasuries all at once. The Fed has more control over short term rates than long term rates as well. That was actually a weapon China said they were willing to use back before covid and the US/China trade war was going on.

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QueefyConQueso 2 days ago

There are some potential issues. Note: The likelyhood of any realistically happening is small, but on paper it *could* happen. Foreign debt holders have already become net sellers. Individually some like Japan have gone way up, but in the aggregate are sellers. If the largest ones sold off, much more than then the aggregate is now (much much more), it will create a dollar excess outside the US. Those dollars can mainly do one of 2 things. Come back home purchasing “things”. Equities, real estate, etc. Think of the Japanese driving commercial real estate in the US up but on a grander scale. The second, is they want those dollars in their local currencies to do “things”. The dollars will hit the FOREX and tank the dollar. Again, I find these scenarios fun to toy around with, because they are possible on the fringes of possibility. But it’s very unlikely to happen for any number of reasons.

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skylowr 2 days ago

Let them "call in" their debts. They can give the Fed their bond, and the Fed can give them a reserve account balance. What changes?

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ViennaBTC 1 day ago

Kraken also integrates LN.

Me likey.

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nnnnkkkkkkyyyyeeee redditor for 2 weeks 2 days ago

Good news. Any other exchanges support or planing to support LN ?

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Injaki 2 days ago

Yep, Kraken.com is! https://blog.kraken.com/post/7225/a-need-for-speed-kraken-to-launch-bitcoin-lightning-%E2%9A%A1%EF%B8%8F-integration-in-2021/

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Bitcoin_to_da_Moon 2 days ago

ty OP, great news!

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UnevenParadox redditor for 2 days 2 days ago

Remind Me! 3days

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coinfeeds-bot Redditor for 3 months. 2 days ago

tldr; OKCoin is the latest crypto exchange to support Bitcoin’s Lightning Network. The exchange is in the final phases of integrating the secondary scaling network. It should be live within three to four weeks, OKCoin's team told CoinDesk. Lightning Network deposits will show up under users’ regular bitcoin balances.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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Perringer 2 days ago

This is great news, as on-chain fees will continue rising along with the price and demand.

I'm not familiar with other Lightning wallets, but in Breez your wallet allows up to .04 btc, or 4,000,000 sats before you have to move it on-chain.

If you DCA, this means you can take your coins into your own custody for pennies, and only have to move them on-chain when you reach .04 btc; a nice hefty amount at the moment for smaller investors.

Warning - Lightning Wallets are all HOT wallets. You'll need to keep your wallet synched regularly to avoid it being forced on-chain before you're ready for the on-chain fees.

Edit: I'm not sure how regular is 'regularly', but Breez sends notifications when it's out-of-date. When I started testing out Breez about a year ago, I ignored these for about 6 weeks, and my channel was closed. I did get all of the btc in my channel sent to my address, minus tx fees.

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whitslack 2 days ago

Phoenix has no upper limit on how much you can have in your Lightning balance, but they do charge 0.1% to open a new channel to you if you need more incoming liquidity to receive a payment.

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Perringer 2 days ago

> Phoenix That's cool - it can treat multiple channels as one wallet. Commitment of 10,000 sats to the new channel (~$3.00), cost of 0.1%, or 100 sats, or about $0.03. Really not bad. I'll have to wait for the iPhone version, unfortunately.

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senfmeister 2 days ago

>That's cool - it can treat multiple channels as one wallet. Commitment of 10,000 sats to the new channel (\~$3.00), cost of 0.1%, or 100 sats, or about $0.03. Really not bad. If you're okay with those prices, you'll be even more happy to know your math is off. ;-) For 10,000 sats, .1% is 10 sats, or \~$0.003, .3¢.

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whitslack 2 days ago

> I'll have to wait for the iPhone version, unfortunately. Lulz. Get a phone that doesn't lock you in a jail cell.

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trancephorm Gold | QC: CC 15 2 days ago

Ofc... China - Deep State connection.

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jwinterm 2 days ago

Okcoin is the non Chinese counterpart to OkEx. Not really sure what you're trying to say anyway tho...

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HeavyG_93 2 days ago

Oh hush with this deepstate bullshit dude go to a Qanon forum if you want to talk nonsense.

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trancephorm Gold | QC: CC 15 2 days ago

Qanon's nothing more than Trump guerilla marketing, I stated the fact that's around long before Qanon. In other news, seems you really misunderstand the way big politics is involved with Bitcoin, probably because youre n00b around here.

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coinfeeds-bot redditor for 3 months 2 days ago

tldr; OKCoin is the latest crypto exchange to support Bitcoin’s Lightning Network. The exchange is in the final phases of integrating the secondary scaling network. It should be live within three to four weeks, OKCoin's team told CoinDesk. Lightning Network deposits will show up under users’ regular bitcoin balances.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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safehodl redditor for 7 weeks 2 days ago

Interview here

https://www.youtube.com/watch?v=ZcLsWBe4qvg&ab_channel=BitcoinMagazine

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ActivePeak7 2 days ago

Is OkCoin doing good? I saw some complains with it

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Mood_Senior redditor for 5 weeks 2 days ago

Hi i work at OKCoin so happy to answer any Qs you have. 2020 was really a year of developing new products and really diversifying our assets listing into Defi. We also have non-custodial earn product ([www.okcoin.com/earn](https://www.okcoin.com/earn)). We're based in SF and are a licensed US exchange (so have dollar pairings to buy and sell crypto with cash)

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__pache__ redditor for 3 months 1 day ago

wait hold the fort, non custodial interest earning?! that sounds pretty interesting. i am eager to find a way to gain some interest but so far most platforms have wigged me out..

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callebbb 2 days ago

It’s Ok...

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mebetyoufold Yesterday

Any updates on Cash App progress on this integration? They announced that they are working on it but it was a while ago.

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FUBAR-BDHR 1 day ago

ETA until their hot wallet is hacked because they had to leave extra coins in it for LN?

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knowbodynows 1 day ago

Okay, coin.

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xanthin 1 day ago

Are the OKCoin node details public? So we can setup a direct channel with them.

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eyeoft 1 day ago

Good question! I tried snooping around for it on 1ML but no luck.

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mrtest001 2 days ago

It will be interesting to see what kind of usage this gets and if there are any issues.

Any info on limits?

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corymigs 2 days ago

Do I buy?

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homopit 2 days ago

Will integrate.

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[deleted] 2 days ago

According to [https://www.coindesk.com/okcoin-bitcoin-lightning-network-q1](https://www.coindesk.com/okcoin-bitcoin-lightning-network-q1) "It should be live within three to four weeks, OKCoin’s team told CoinDesk."

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CluelessTwat 2 days ago

Give or take 18mths

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lucabaier 2 days ago

Why so pessimistic?

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CluelessTwat 1 day ago

Lightning Network has *always been* 18mths away from being really, truly ready. It has been thus for something like, oh.... 5yrs now? So whatever number you hear you have to give it about an 18mth error bar, maybe. No biggie!

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__pache__ redditor for 3 months 2 days ago

$18k in bitcoin should be 0.5btc not 0.05btc?

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keybrah 2 days ago

ok

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nibbl0r 2 days ago

This is awesome! Any other exchanges already supporting ln?

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Berelus 10 hs ago

In Australia, the exchange Bitaroo supports deposit and withdrawing using Lightning network.

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InvaderTrill 2 days ago

Stakenet DEX

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shmn_ 2 days ago

Bitfinex already has LN and Kraken is planning to implement this year.

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nibbl0r 2 days ago

Thanks

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Immediate-Host 2 days ago

awesome, love to see it!

!lntip 1000

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lntipbot 2 days ago

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2

NimbleBodhi 2 days ago

With Bitfinex already having LN and both Kraken, OKCoin integrating it, along with some smaller exchanges it should really help to push Lightning adoption. I think we'll see even more exchanges jumping on board by the end of the year.

It will also reduce our current minimum withdrawal / deposit from 0.001 bitcoin or 100k satoshis (~$35) to 0.000001 bitcoin or 100 satoshis (~$0.04).

That's a BIG improvement.

19

thondera redditor for 5 weeks 2 days ago

I'm so sick of binance charging 0.0005 for withdrawals... that's like 20 dollars! WTF.

5

Pyrokhaar redditor for 7 weeks 1 day ago

Same with Kraken

3

ZZ3xhZz 2 days ago

This is incredible. I'm going to pressure my local exchange for adoption.

7

3

25 11

Adam Back - @adam3us

@PeterMcCormack institutionally strong hands https://t.co/3UbRJTAYMf

2 80

Dovey Wan - @DoveyWan

Bought only 1/3 of Saylor’s size accumulatively in this dip with avg 29k ish Was expecting to 27k (好的请叫我老凡尔赛了

1 30

Laura Shin - @laurashin

RT @michael_saylor: MicroStrategy has purchased approximately 314 bitcoins for $10.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $31,808 per bitcoin. We now hold approximately 70,784 bitcoins. https://t.co/zMJSH29bmC

1000 4890

Michael Goldstein - @bitstein

RT @michael_saylor: MicroStrategy has purchased approximately 314 bitcoins for $10.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $31,808 per bitcoin. We now hold approximately 70,784 bitcoins. https://t.co/zMJSH29bmC

986 4835

Prof Emeritus Squeeze - @cryptoSqueeze

RT @michael_saylor: MicroStrategy has purchased approximately 314 bitcoins for $10.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $31,808 per bitcoin. We now hold approximately 70,784 bitcoins. https://t.co/zMJSH29bmC

986 4826

Pierre Rochard - @pierre_rochard

RT @michael_saylor: MicroStrategy has purchased approximately 314 bitcoins for $10.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $31,808 per bitcoin. We now hold approximately 70,784 bitcoins. https://t.co/zMJSH29bmC

999 4882

Alistair Milne - @alistairmilne

Moar https://t.co/CYIP68Hsju

1 45

WhalePanda - @WhalePanda

Seems like a lot of people don't get it. You keep selling your #Bitcoin to large institutional investors on every dip hoping we'll go back down to $20k or lower. That's not going to happen. Make them all market buy. https://t.co/jVJjyGcpbX

5 55

CZ - @cz_binance

#bitcoin moving from weak hands to strong hands. https://t.co/ItAOF3iDpl

22 219

Jameson Lopp - @lopp

From weak hands to strong. https://t.co/keBZz7qUgc

10 101

#33kByJuly3018Moku //not_giving_away_ETH\\ - @CarpeNoctom

RT @michael_saylor: MicroStrategy has purchased approximately 314 bitcoins for $10.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $31,808 per bitcoin. We now hold approximately 70,784 bitcoins. https://t.co/zMJSH29bmC

467 2123

shahriar048 1 - 2 years account age. 35 - 100 comment karma. Yesterday

MicroStrategy on a macro strategy.

1

Aaaaand-its-gone Yesterday

Saylor is doing a livestream on Monday https://www.eventbrite.com/e/michael-saylor-and-hong-fang-fireside-chat-viewing-party-tickets-137881143211

1

goodguy619 Yesterday

10 mil is almost nothing to them... Not sure why this is news tbh

1

Arauator Tin Yesterday

This guy is the next super villain.

1

qiankai521 Yesterday

Good investors buy the dip instead of selling it.

1

joeyschoblaska Yesterday

This is where your crypto went. Don't sell to micro strategy this cheap.

1

sunbathman Yesterday

He created the new resistance by himself

1

NicoMarkerink Yesterday

That's a pro gamer move. They have good strategy.

1

lasska60 Yesterday

That's only around 7/18 of 1 day's BTC mining supply.

1

kingjagga 1 - 2 years account age. 100 - 200 comment karma. Yesterday

But he isn’t getting any of mine, I will not sell on dips, I will buy the dips.

1

se0maks0x Yesterday

They are very good at buying the dips, eating more bitcoins on the dip.

1

Prized-Man 1 day ago

This is all good news but I think that the Crypto market has become much more volatile than before since these Whales can drive down the price/market harder and faster than before for their gain's. While the upside has increased (theoretically) the downside has also increased (theoretically).

1

ultimatebob Ethereum fan 1 day ago

Well... their BI software kinda sucks, so this is probably a good "Plan B" for their business.

1

nathanielx9 Gold | QC: CC 52 1 day ago

Real question: if microStrategy is buying all this btc. Wouldn’t that just mean they are inflating the price? It’s one reason why I have my money in stocks than btc. I just don’t like how they keep buying and coming out on a green day. Makes me sick tbh

0

nthgen 1 day ago

His AI must have given him insights we don't know. Is he the new crypto Dad?

Or crypto dad's cool younger bro, uncle c?

1

yell0w8 Platinum | QC: CC 41, XRP 17 1 day ago

Pretty high, it was at 29k

1

stablecoin Platinum | QC: CC 109 1 day ago

Legend

1

KirbySmartGuy 1 day ago

Bull, bull, bull

1

sk1ncarenoob 5 - 6 years account age. 75 - 150 comment karma. Yesterday

A bull fight on Capital Hill.

1

sjgokou 2 days ago

Thats only 320+ coins... we need to see Billions of dollar’s acquiring Bitcoin.

2

OrangKampoen 1 - 2 years account age. 35 - 100 comment karma. 2 days ago

He is probably FOMO buys at peek from his personal holding. He uses his company for as his buffer😅 Check all his interview he said that he is afraid he doesn’t have enough Bitcoin.

1

tendermonster 3 - 4 years account age. 100 - 200 comment karma. 2 days ago

Business as usuall

1

Jamar_JavarisonLamar 2 days ago

This! None of these major investors want to look bad and show a negative return. granted that a lot bought under 10k btc but others were late. I will "think" about eating my own dick if bitcoin falls and holds to 28k. I just dont see it being anything under than 30k. But big props for microstrategy for being able to buy more and at a discount.

1

somenotusedusername Tin 2 days ago

Since i also bought at roughly the same price in this dip, imma pretend in my head im also a big investor. Treating myself to some frozen pizza tonight to celebrate, since paycheck is almost here and I can afford it.

2

Hadse 8 - 9 years account age. 225 - 450 comment karma. 2 days ago

Who is part of MicroStrategy’s investment team?

1

ITakeSteroids Redditor for 1 months. 2 days ago

Billionaire is not going to fire off dopamine will millions only. Takes big bets to quench big greed.

1