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Cryptocurrency news and alerts by ResoNova.com
Question about the “Buy, Borrow, Die” strategy for Bitcoin
https://www.reddit.com/r/Bitcoin/comments/1ef40r3/question_about_the_buy_borrow_die_strategy_for/
<!-- SC_OFF -->In a sentence, “how does it work?” I understand you take out increasingly larger loans each year to pay off the old loan… But let’s say you take out $100,000 per year… Year one: $100,000 Year two: $200,000 … Year 10: $1,000,000 By year 10, your interest payment at 12-14% would exceed the amount of cash you get in the loan. The only solution I can see is spending a large chunk of the loan each year on more bitcoin, then selling that bitcoin during bull markets to pay down the quickly inflating loan. Am I missing something? <!-- SC_ON --> submitted by /u/Viridian_Foxx (https://www.reddit.com/user/Viridian_Foxx)
[link] (https://www.reddit.com/r/Bitcoin/comments/1ef40r3/question_about_the_buy_borrow_die_strategy_for/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ef40r3/question_about_the_buy_borrow_die_strategy_for/)
<!-- SC_OFF -->BTC is facing a critical moment in its climb. Will we be able to break through it will this be a turning point for the worst? <!-- SC_ON --> submitted by /u/SpongeJeigh (https://www.reddit.com/user/SpongeJeigh)
[link] (https://giphy.com/gifs/PY2bZqawvoHuzZRyJo) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ef0jpo/knock_knock/)
submitted by /u/Jacobzzyn (https://www.reddit.com/user/Jacobzzyn)
[link] (https://coinpaprika.com/news/justin-sun-urges-china-to-update-bitcoin-policies/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1eezrf1/justin_sun_urges_china_to_update_bitcoin_policies/)
submitted by /u/No-Comparison-9307 (https://www.reddit.com/user/No-Comparison-9307)
[link] (https://bitcoinnews.com/opinion/january-2009-bitcoin-birthday/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1eez2z6/from_2009_to_2024_bitcoins_15year_evolution/)
submitted by /u/BitCypher84 (https://www.reddit.com/user/BitCypher84)
[link] (https://cointelegraph.com/news/hong-kong-bitcoin-financial-reserves-web3-development) [comments] (https://www.reddit.com/r/Bitcoin/comments/1eevw02/gradually_then_suddenly_hong_kong_legislator_eyes/)
What the first thing to bought with BTC?
https://www.reddit.com/r/Bitcoin/comments/1eevb42/what_the_first_thing_to_bought_with_btc/
<!-- SC_OFF -->I'm sure we have all met or are ourselves btc fanboys, but just holding BTC is very different from the transition to using it day in day out. I'm curious what each of your first purchases in BTC were? Could be cheap or pricey. Also curious if there are any out there make a genuine effort to FULLY transition into BTC use as much as possible. Stories of roadblocks or difficulties and how they overcame them etc. <!-- SC_ON --> submitted by /u/playerwonagain (https://www.reddit.com/user/playerwonagain)
[link] (https://www.reddit.com/r/Bitcoin/comments/1eevb42/what_the_first_thing_to_bought_with_btc/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1eevb42/what_the_first_thing_to_bought_with_btc/)
submitted by /u/Special_Yam_1174 (https://www.reddit.com/user/Special_Yam_1174)
[link] (https://i.redd.it/ugtxjvvoidfd1.jpeg) [comments] (https://www.reddit.com/r/Bitcoin/comments/1eep63s/satoshi_nakamoto_on_bitcoin_at_007_exactly_14/)
<!-- SC_OFF -->Is fear&greed index even worth looking at? Would we even go beyond 100k this cycle? <!-- SC_ON --> submitted by /u/Brilliant_Group_6900 (https://www.reddit.com/user/Brilliant_Group_6900)
[link] (https://i.redd.it/ndpsnie3edfd1.jpeg) [comments] (https://www.reddit.com/r/Bitcoin/comments/1eeooij/how_is_it_greed_when_btc_hasnt_even_topped_ath/)
In before - All the shitty 69,420 Posts.
https://www.reddit.com/r/Bitcoin/comments/1eeomg6/in_before_all_the_shitty_69420_posts/
<!-- SC_OFF -->Everyone, let's save it this time around. Please. <!-- SC_ON --> submitted by /u/analogOnly (https://www.reddit.com/user/analogOnly)
[link] (https://www.reddit.com/r/Bitcoin/comments/1eeomg6/in_before_all_the_shitty_69420_posts/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1eeomg6/in_before_all_the_shitty_69420_posts/)
<!-- SC_OFF -->🟠 The #Bitcoin 2025 Conference will be held in Las Vegas next year Pin it on your calendar 🗓️ <!-- SC_ON --> submitted by /u/feenicks1 (https://www.reddit.com/user/feenicks1)
[link] (https://v.redd.it/ar5p1ayfzbfd1) [comments] (https://www.reddit.com/r/Bitcoin/comments/1eeit0a/las_vegas_here_we_come/)
submitted by /u/BitCypher84 (https://www.reddit.com/user/BitCypher84)
[link] (https://i.redd.it/srtm04shwbfd1.png) [comments] (https://www.reddit.com/r/Bitcoin/comments/1eeifp0/seen_at_the_olympics_paris/)
submitted by /u/Klavum (https://www.reddit.com/user/Klavum)
[link] (https://i.redd.it/4edoz5t5rbfd1.png) [comments] (https://www.reddit.com/r/Bitcoin/comments/1eehthr/someone_keeps_making_10_micro_trades_a_second_on/)
<!-- SC_OFF -->With any politician, don’t trust, verify. But I watched two presidential candidates’ speeches from the bitcoin conference, and one of them legitimately gets it <!-- SC_ON --> submitted by /u/parkranger2000 (https://www.reddit.com/user/parkranger2000)
[link] (https://youtu.be/ssYCRVpzcxc?si=8msO-NagP8CUOeCc) [comments] (https://www.reddit.com/r/Bitcoin/comments/1eehpmi/rfk_jr_actually_gets_it/)
Why is Franklin Roosevelt considered one of the best presidents in US history when he's the one that confiscated everyone's gold?
https://www.reddit.com/r/Bitcoin/comments/1eeh1ft/why_is_franklin_roosevelt_considered_one_of_the/
<!-- SC_OFF -->I looked up a list of the US presidents ranked from best to work and many of these lists have Franklin Roosevelt as top 3. Why is this if he was the one that confiscated everyone's gold? Is it because the media outlets making these lists have an agenda to push a false narrative? The reason this is relevant is because there is possibility that the US government can pull off a stunt like this again and seize everyone's bitcoin on exchanges/ETF's. Only people with hardware wallets would be safe, but even then, what if they send military to everyone's house to search for any seed phrases? <!-- SC_ON --> submitted by /u/StillLostHalfaBTC (https://www.reddit.com/user/StillLostHalfaBTC)
[link] (https://www.reddit.com/r/Bitcoin/comments/1eeh1ft/why_is_franklin_roosevelt_considered_one_of_the/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1eeh1ft/why_is_franklin_roosevelt_considered_one_of_the/)
Discrete Bitcoin whitepaper inspired design!
https://www.reddit.com/r/Bitcoin/comments/1eegejl/discrete_bitcoin_whitepaper_inspired_design/
Bitcoin success story / banks no longer own my home!
https://www.reddit.com/r/Bitcoin/comments/1ef0qfb/bitcoin_success_story_banks_no_longer_own_my_home/
<!-- SC_OFF -->I got in, in 2013 and bought 5 bitcoin at $800, so I'm a long time holder, through many ups and downs. I had a headwind here that an adjustable interest rate on my house was about to skyrocket from 2.75% to 7.87% so I cashed out my BTC to pay off my my house/remaining mortgage. After banks owning my homes for 30+ years, the feeling is amazing, refreshing and I want to thank this community of believers who helped me along the way, I so nearly sold many times, and here I am with my very own house!!!! With the increased cashflow, Ill be raising my DCA every month and buying more. I remain a huge believer, and never felt more positive about the future for Bitcoin. <!-- SC_ON --> submitted by /u/Beneficial-Fox5361 (https://www.reddit.com/user/Beneficial-Fox5361)
[link] (https://www.reddit.com/r/Bitcoin/comments/1ef0qfb/bitcoin_success_story_banks_no_longer_own_my_home/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ef0qfb/bitcoin_success_story_banks_no_longer_own_my_home/)
Knock Knock
https://www.reddit.com/r/Bitcoin/comments/1ef0jpo/knock_knock/
Justin Sun Urges China to Update Bitcoin Policies
https://www.reddit.com/r/Bitcoin/comments/1eezrf1/justin_sun_urges_china_to_update_bitcoin_policies/
From 2009 to 2024: Bitcoin’s 15-Year Evolution
https://www.reddit.com/r/Bitcoin/comments/1eez2z6/from_2009_to_2024_bitcoins_15year_evolution/
Gradually, then suddenly: Hong Kong legislator eyes Bitcoin for fiscal reserves
https://www.reddit.com/r/Bitcoin/comments/1eevw02/gradually_then_suddenly_hong_kong_legislator_eyes/
Mentor Monday, July 29, 2024: Ask all your bitcoin questions!
https://www.reddit.com/r/Bitcoin/comments/1eet83d/mentor_monday_july_29_2024_ask_all_your_bitcoin/
<!-- SC_OFF -->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 /r/BitcoinBeginners (https://www.reddit.com/r/BitcoinBeginners) You can sort by new to see the latest questions that may not be answered yet. <!-- SC_ON --> submitted by /u/rBitcoinMod (https://www.reddit.com/user/rBitcoinMod)
[link] (https://www.reddit.com/r/Bitcoin/comments/1eet83d/mentor_monday_july_29_2024_ask_all_your_bitcoin/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1eet83d/mentor_monday_july_29_2024_ask_all_your_bitcoin/)
Satoshi Nakamoto on Bitcoin at $0.07, exactly 14 years ago.
https://www.reddit.com/r/Bitcoin/comments/1eep63s/satoshi_nakamoto_on_bitcoin_at_007_exactly_14/
How is it greed when btc hasn’t even topped ath?
https://www.reddit.com/r/Bitcoin/comments/1eeooij/how_is_it_greed_when_btc_hasnt_even_topped_ath/
You would need 15 bitcoin miners at 6000 USD each running 24/24 for 1 year to mine 1 bitcoin. It is a hardware problem now, not the energy cost.
https://www.reddit.com/r/Bitcoin/comments/1eeo73g/you_would_need_15_bitcoin_miners_at_6000_usd_each/
<!-- SC_OFF -->bitcoin mining cost energy <!-- SC_ON --> submitted by /u/miros2424 (https://www.reddit.com/user/miros2424)
[link] (https://www.reddit.com/r/Bitcoin/comments/1eeo73g/you_would_need_15_bitcoin_miners_at_6000_usd_each/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1eeo73g/you_would_need_15_bitcoin_miners_at_6000_usd_each/)
LAS VEGAS here we come !
https://www.reddit.com/r/Bitcoin/comments/1eeit0a/las_vegas_here_we_come/
Seen at the Olympics, Paris 🇫🇷
https://www.reddit.com/r/Bitcoin/comments/1eeifp0/seen_at_the_olympics_paris/
Someone keeps making 10 micro trades a second on Coinbase Advanced Trade
https://www.reddit.com/r/Bitcoin/comments/1eehthr/someone_keeps_making_10_micro_trades_a_second_on/
RFK Jr. actually gets it
https://www.reddit.com/r/Bitcoin/comments/1eehpmi/rfk_jr_actually_gets_it/
submitted by /u/iAmJesus42069 (https://www.reddit.com/user/iAmJesus42069)
[link] (https://www.reddit.com/gallery/1eegejl) [comments] (https://www.reddit.com/r/Bitcoin/comments/1eegejl/discrete_bitcoin_whitepaper_inspired_design/)
Bitcoin
https://www.reddit.com/r/Bitcoin/comments/1eegaay/bitcoin/
<!-- SC_OFF -->How can I begin investing? <!-- SC_ON --> submitted by /u/Vast-Ad9878 (https://www.reddit.com/user/Vast-Ad9878)
[link] (https://www.reddit.com/r/Bitcoin/comments/1eegaay/bitcoin/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1eegaay/bitcoin/)
