Bitcoin Resources for long term holders

raiders72001 · 09-29-19, 02:43 AM

Originally posted by ClimbSomeRocks

I measure my profits and wealth in BTC, not dollars. I first learned of BTC because of this forum, so I figured I would share the wealth of knowledge.

Podcasts:
-Tales from the Crypt (Marty Bent and Matt Odell) -Bitcoin Maximalists, Explain the current news in "rabbit hole Recap", dive deep on all matters, dislike any shitcoins and call them out for being immitations.

-Off The Chain (Anthony Pompliano) - Asset Manager (Morgan Creek?), Marketer. @APompliano on twitter

-Stephan Livera Podcast (Stephan Livera) - Focus's on Austrian Economics, More Technical podcast, good resource if you want to learn more about the computer science side of Bitcoin

-The Cryptoeconomoy (Guy Swann) In this one, he reads bitcoin articles. So if you prefer audio or want to listen while traveling, this is a great resource. He is sometimes negative IMO of the current system and "the state"

-What Bitcoin Did (Peter McCormak) - He's not technical, so you'll hear him asking the more basic questions.

People : I've spent the last 2 years studying and researching bitcoin, these people are very smart and you should listen when they talk. Use twitter or search medium articles.
-Andreas Antonopolous - He's the best, for any level of understanding. Find on twitter or youtube.
-Trace Mayer - Learn about the Mayer Multiple, Has a podcast called "bitcoin knowledge", Was recommending bitcoin in 2011 when it was under $1

-Nick Szabo - Possibly Satoshi Nakamoto himself, Has a blog (Unenumerated.blogspot(.)com) Worked on Bitgold which was a precursor to bitcoin, it is cited in the whitepaper.

-Erik Voorhees - CEO of shapeshift, created satoshidice (provably fair dice gambling, sold it for over 100k bitcoin)

-Naval Ravikant - Billionaire Philosopher, Grew up as a poor indian kid, realized the american dream, worked in tech and is very wise.

-Chamath Palihapitiya - Partial Owner of Golden State Warriors, Owner of Social Capital, a VERY profitable hedge fund. Known for tipping service workers massively (several hundred $) Born Sri Lanka.

-Jameson Lopp - Coder, CypherPunk, security expert. Works at Casa. Knows all the technical shit,

I could name off over 10 more, as the decentralized community is ever growing. These 6 people above are some of the smartest people in the industry. No doubt, multi millionaires and would never have to work again. They choose to focus on bitcoin for their own personal reasons. Most have to do with the net benefit of humanity and ideological reasons.

If you enjoy this content and want more resources, information, or just want to talk bitcoin; Please drop a reply below. After studying for the past 2 years and taking this space seriously, it is all I want to focus on. It is clear that Bitcoin is more than just a currency, medium of exchange, store of value, or speculative asset.... It is a revolution.

Peace and Love.

Agree that Andreas Antonopolous is the best.

Optional · 09-29-19, 03:15 AM

TwitchySeal · 10-02-19, 06:17 AM

I'm not really a long term holder, but I'm curious what your thoughts on the whole BTC BCH drama.

I've been messing around with BTC since 2012 and kind of avoided the alt coin craze till recently. I've taken a couple sips of the BCH koolaid, and it actually kind of reminds me of BTC 5 years ago.

They seem to compliment each other to someone like me that makes 10-20 $100 - $200 transactions a week where the fees are actually cutting into my margins, but so does waiting more than 40 minutes for first confirmation.

But there is some serious hatred between some of the core team and the guys that split and, while I have a decent understanding of the basic block size debate, when they get all super technical I just can't tell if they are just acting like jackasses or if one side is obviously right, or if this is what a productive debate looks like on the internet these days.

Optional · 10-02-19, 06:23 AM

I get the feeling the BCH guys are "right".

But am not sure there is really a market position for a better version of bitcoin core.

It seems a bit like making a better stone wheel whilst other groups are off developing rubber wheels.

raiders72001 · 10-03-19, 12:34 AM

Originally posted by TwitchySeal

I'm not really a long term holder, but I'm curious what your thoughts on the whole BTC BCH drama.

I've been messing around with BTC since 2012 and kind of avoided the alt coin craze till recently. I've taken a couple sips of the BCH koolaid, and it actually kind of reminds me of BTC 5 years ago.

They seem to compliment each other to someone like me that makes 10-20 $100 - $200 transactions a week where the fees are actually cutting into my margins, but so does waiting more than 40 minutes for first confirmation.

But there is some serious hatred between some of the core team and the guys that split and, while I have a decent understanding of the basic block size debate, when they get all super technical I just can't tell if they are just acting like jackasses or if one side is obviously right, or if this is what a productive debate looks like on the internet these days.

I don't see one side as being obviously right since they are just fighting over scalability and neither side has completely solved the problem. At this time it's good entertainment watching Roger Ver and others. Then there's censorship on reddit and forums. It's almost no win to debate the better version. Religion, politics and bitcoin are three things people have their feet dug in and never change their minds.

Arky · 10-03-19, 11:11 AM

Originally posted by ClimbSomeRocks

I measure my profits and wealth in BTC, not dollars. I first learned of BTC because of this forum, so I figured I would share the wealth of knowledge.
......................

Peace and Love.

I've heard of about half of those folks. I'm big on Youtube as there are some very good channels there. I get my daily info from several sources (they can all be found by searching their names):

Bob Loukas - If you're a hodler, this is the guy you want to listen to. He doesn't post much but when he does, you can hear the voice of experience in his talks. Start with his videos from 6-8 months ago to get caught up on his 4-year BTC hodl plan.

Crypt0 - Omar is good at daily crypto news.

Naomi Brockwell - an Australian gal (and easy on the eyes) here in the US. She's not afraid to cover hot or controversial topics like KYC, privacy, senate hearings, Craig Wright, Snowden, etc....

Crypto Zombie - daily crypto news, some rudimentary TA

The Modern Investor - daily crypto news from the other side of the pond.

Crypto Lark - Lark is based in New Zealand and gives his takes on daily crypto news. A true believer in the power of crypto to change the world economy.

The Dollar Vigilante - Jeff is a bit radical and "new age" but he will certainly make you think about things. He calls schools "indoctrination camps", the US is the "USSA", etc.. He's well aware that there is probably a global economic collapse on the way.....

CryptoRevolution - For you traders, this guy is pretty good. He will pimp his pay-to-play trading group in every video but I usually skip over those parts to hear his comments on trading strategies and daily news.

ClimbSomeRocks · 10-05-19, 07:05 PM

Originally posted by TwitchySeal

I'm not really a long term holder, but I'm curious what your thoughts on the whole BTC BCH drama.

I've been messing around with BTC since 2012 and kind of avoided the alt coin craze till recently. I've taken a couple sips of the BCH koolaid, and it actually kind of reminds me of BTC 5 years ago.

They seem to compliment each other to someone like me that makes 10-20 $100 - $200 transactions a week where the fees are actually cutting into my margins, but so does waiting more than 40 minutes for first confirmation.

But there is some serious hatred between some of the core team and the guys that split and, while I have a decent understanding of the basic block size debate, when they get all super technical I just can't tell if they are just acting like jackasses or if one side is obviously right, or if this is what a productive debate looks like on the internet these days.

In your situation, BCH makes sense. If you need cheap transactions, BCH and the big blocks are better. I just wouldn't want to hold BCH long term. I don't see it ever overtaking bitcoin, and the price in BCH/BTC terms continues to decline.

My opinion is that there is argument over what "cash" means in the "peer to peer electronic cash system". The BCH'ers want fast and cheap transactions. The BTC'ers don't care about fast and cheap on the first layer of the protocol. While it is preferable to have cheap/fast transactions, as the network continues to grow, the block capacity will always be full. The fee's, represent a supply and demand price of the cost to get data (your transaction) into the block. If your blocks continue to grow in size, they will still be filled by less important transactions if the cost to do so is low. In BSV for example, someone uploads weather data and other nonsense to the blockchain because the blocks are so large and the cost is minimal.

Cash is in the cypher punk world is meant to be fungible, censorship resistant, private, irreversible money. BTC'ers care more about decentralization than cheap transactions. One theory is that as the blocks grow, it becomes more difficult to run a full node (you must download the entire blockchain and the blockchain will grow an increased rate). The more nodes there are, the more decentralized the network is.

BCH required a hard fork, BTC remained on the same protocol. The BTC protocol will remain VERY difficult to change for its entire life. Hard to change is good for money, hard to change is not good for technology. You need to decide what bitcoin is to you.

If you're doing a bunch of transactions, and not holding the currency, BCH, DASH, DOGE, or LTC can all work just fine. If you want to make all your betting transactions in these currencies, then convert to BTC to hold long term, you'll probably do better than holding those 4 currencies long term. Ultimately, you'll probably make the most money, just buying BTC and forgetting about it (but not the private keys) for 5 years.