Why you should hodl bitcoin - what is bitcoin?

Furman Block asked a question: Why you should hodl bitcoin - what is bitcoin?
Asked By: Furman Block
Date created: Tue, Aug 17, 2021 4:52 AM

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Those who are looking for an answer to the question «Why you should hodl bitcoin - what is bitcoin?» often ask the following questions:

❔ Should you hodl bitcoin?

HODL began as a typo for the word "hold" on a bitcointalk.com forum, and the crypto community found it so amusing that they now use "HODL" as a term to denote holding (rather than selling) one's...

❔ Should you hodl bitcoin or charter a superyacht?

And now you can rent a superyacht. Last week, West Nautical announced that M/Y Lady Amanda, is now accepting Bitcoin as payment for charter fees. The press release explains, “With this high worth, it was only a matter of time before Bitcoin found its way into the Superyacht industry.”. Well, the timing seems a bit tone-deaf -- BTC had ...

❔ Should you hodl bitcoin or rent a superyacht?

And now you can rent a superyacht. Last week, West Nautical announced that M/Y Lady Amanda, is now accepting Bitcoin as payment for charter fees. The press release explains, “With this high worth, it was only a matter of time before Bitcoin found its way into the Superyacht industry.”

9 other answers

Bitcoin maximalist actively working toward a global bitcoin standard. I'm particularly bullish on the lightning network and how Bitcoin is an energy solution. I stack sats and HODL. Follow me on Twitter if you're a pleb who can't stop thinking about Bitcoin.

HODL began as a typo for the word "hold" on a bitcointalk.com forum, and the crypto community found it so amusing that they now use "HODL" as a term to denote holding (rather than selling) one's...

For those of you who are unaware, the term “HODL” is commonly used by the Bitcoin investment community and is also considered an investment strategy, despite it being the misspelling of the word “Hold.” It refers to the strategy that was adopted by early Bitcoin investors who would tend to buy and hold the crypto for long-term gains.

Why You Should HODL Your Bitcoin Until the Election is Over: Hold on to your Bitcoin, it could be a bumpy ride. Whether you actively follow US politics or not, 2020 has brought them into the mainstream of media and

Bitcoin could reach $4 million by 2030, according to a survey of 42 cryptocurrency experts by personal-finance site Finder. The median price prediction is $4...

Bitcoin also changed my career. I left the corporate life in 2018 and I was able to focus first on “crypto,” then on Bitcoin when I found out that ”crypto“ is bullsh*t. I’ve been working for Trezor since Spring 2021 and it’s the best job of

If you’ve been one of our readers for a while, you may have heard us mention a theory where you hodl for at least 210,000 blocks. Well, this isn’t just some arbitrary number. There’s actually some science behind that number. Here’s why we’ve chosen 210,000 and why you should check some of your own bitcoin […]

Specifically, the term hodl in crypto means to hold Bitcoin (BTC) or any other cryptocurrency despite the price of the asset falling. This could be very dangerous in many cases.

“Hodl” and Cryptocurrencies The biggest reason why “hodl” has become such a popular term is the general volatility of the prices of cryptocurrencies. Many cryptocurrency tokens, even relatively stable ones such as Bitcoin and Ethereum, frequently have very volatile market swings…

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We've handpicked 21 related questions for you, similar to «Why you should hodl bitcoin - what is bitcoin?» so you can surely find the answer!

How to mine hodl coin with cpu game?

For the moment you can only mine HODL coins with your CPU via the wallet, there is no separate miner available yet or a pool where you can mine the coin. This means that you will have to run a separate HOdlcoin wallet on every computer where you want to be able to mine the coin and since it is solo mining luck can also play big role in how much you might be able to mine.

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How to mine hodl coin with cpu simulator?

HOdlcoin (HODL) is a relatively new experimental altcoin that can only be mined with the CPU for the moment using the coin’s wallet and although it is a PoW coin you get interest on your wallet balance and there is an option for deposit with even higher interest rate. The algorithm of the coin is made in a such way that early adopters holding their coins in the wallet get higher interest rates with the idea to attract more users resulting in a wider coin adoption for a shorter period of time.

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How to mine hodl coin with cpu test?

For the moment you can only mine HODL coins with your CPU via the wallet, there is no separate miner available yet or a pool where you can mine the coin. This means that you will have to run a separate HOdlcoin wallet on every computer where you want to be able to mine the coin and since it is solo mining luck can also play big role in how much you might be able to mine.

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How to mine hodl coin with cpu using?

For the moment you can only mine HODL coins with your CPU via the wallet, there is no separate miner available yet or a pool where you can mine the coin. This means that you will have to run a separate HOdlcoin wallet on every computer where you want to be able to mine the coin and since it is solo mining luck can also play big role in how much you might be able to mine.

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How to mine hodl coin with cpu and keyboard?

HOdlcoin (HODL) is a relatively new experimental altcoin that can only be mined with the CPU for the moment using the coin’s wallet and although it is a PoW coin you get interest on your wallet balance and there is an option for deposit with even higher interest rate. The algorithm of the coin is made in a such way that early adopters holding their coins in the wallet get higher interest ...

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What does hodl mean - is it better to trade or hold cryptocurrency?

What does HODL mean. HODL is an acronym. It means to hold on for dear life. This term originates from a typo, made by crypto enthusiasts, in a Bitcointalk forum post, and it just kind of stuck. It refers to being able to hold through the ups and downs of the cryptocurrency market no matter how violently the price swings.

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Should apple buy bitcoin?

Apple may or may not buy Bitcoin finally, but it’s clear that the train is leaving the station soon and whoever is not onboard will have to wait a hundred years for the next big opportunity. All aboard! Posted by Alberto July 17, 2021 ...

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Should bitcoin be illegal?

Intially we beileved that Bitcoin should be legal however after much deliberation we came to the conclusion that the reasons for making Bitcoin illegal out way the reasons for making Bitcoin legal. Reason to make Bitcoin Legal

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Should businesses accept bitcoin?

Businesses that choose to accept BTC will need to invest time and manpower to help their customer base understand what and how BTC payments work. It’s estimated that less than 1% of the total human population fundamentally understand what Bitcoin is or how blockchain technology works.

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“should i buy bitcoin?

Bitcoin still has a long way to go before it’s accepted globally, but it has made a lot of headway since the genesis block was mined more than 10 years ago. Read on to find out whether or not you should buy Bitcoin. ‍ Bitcoin Pros and Cons. Like any financial investment, investing in Bitcoin comes with risks and rewards.

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Should you buy bitcoin?

Bitcoin still has a long way to go before it’s accepted globally, but it has made a lot of headway since the genesis block was mined more than 10 years ago. Read on to find out whether or not you should buy Bitcoin. Bitcoin Pros

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Should you trust bitcoin?

Trusting the maths of Bitcoin makes sense. Most of the computer code behind it is publicly available, meaning it has been checked over by lots of programmers.

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Bitcoin investment: should you invest in bitcoin?

Bitcoin is currently at its peak when it comes to value, so if you’re wondering should you invest in Bitcoin, the answer is yes. Considering Bitcoin’s current value, you can easily profit from investment.

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Should i invest bitcoin or bitcoin cash?

It's easier to invest in Bitcoin Cash because it costs much less than Bitcoin. For example, at the time of this writing, BCH costs a little more than $500, while BTC is at more than $57,000. However, Bitcoin Cash is not widely accepted by the general public, and Bitcoin is better known.

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What is bitcoin & why should i care?

What is Bitcoin & Why Should I Care? by Us February 04, 2018 Keep reading to get an understanding of WTF bitcoin is and why people won't shut up about it. Bitcoin is both a technology and digital asset. As a technology bitcoin ...

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What is bitcoin & why should you care?

What is Bitcoin, and why do you care? Bitcoin is freedom for money. Let me explain: Bitcoin is third “democratization” that I’ve had the privilege of living through. The first was the Internet of course, the democratization of communication.

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Should i mine bitcoin or litecoin for bitcoin?

Both Bitcoin and Litecoin use proof-of-work to validate and secure transactions on their networks. Bitcoin uses the SHA-256 algorithm to achieve this. The secure hash algorithm is a function which is commonly used in blockchains and was pioneered by Bitcoin. Bitcoin mining is considered more complex than Litecoin mining because of the algorithm differences. Over the years more and more computing power has been committed to securing the Bitcoin network.

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Bitcoin investment in 2021: what should we expect?

He suggested that the bitcoin rally could hit a peak of $318,000 in December 2021. However, other analysts such as BTIG and Bloomberg have been more conservative, predicting the price will reach $50,000.

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Bitcoin mining 2021. what should ethereum miners do?

[ August 29, 2021 ] BITCOIN MINING 2021. What should Ethereum miners do? Earn from cryptocurrency mining Mining [ August 28, 2021 ] Cosmos (ATOM) rallies after launching a cross-chain bridge and wrapped Bitcoin Ethereum [ August 28, 2021 ] U.S. Congress submits 18 crypto bills in 2021, Visa buys $150K CryptoPunk, MicroStrategy snaps up more BTC: Hodler’s Digest, Aug. 22-28 Blockchain

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Ripple is what bitcoin should be → only misinformations?

Ripple is what Bitcoin should be → Only misinformations? Tests reveal the reality! People compete to “mine” here is only when two pieces of advice almost timing we …

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What bitcoin miner should i use → only misinformations?

What Bitcoin miner should i use → Only misinformations? Tests show the truth! Bitcoin has been a high-risk. The first award of a product called What Bitcoin miner should i use was in August 2008 when two programmers using the defamation Satoshi Nakamoto and Martti Malmi registered a young arena.

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