There are lots of Bitcoiners who DCA- aka Satstackers. If one Satstacker ever needs to sell their BTC for USD, then the other Satstackers step up and buy from the BTC seller at the current fiat market rate. This isn't a ponzi. It's a decentralized insurance/call option with no expiration.
It is very rare for all Satstackers to sell Sats at the same time. Most stack and HODL. The reason Bitcoiners DCA into Bitcoin is because they believe in Bitcoin and the rules it follows. Bitcoin Satstackers represent a continuous flow of Fiat into Bitcoin. Bitcoin Satstackers are a core pillar of the Bitcoin community.
Help! Using BTC to Exchange CAD-USD as Bitcoin Noob, Safely, and Without Large Fees. Fianceé Stuck in Venezuela With No Options
Hope this is the right subreddit for this, Title says it all, anyone willing to help me figure out which options there are for doing this is hugely appreciated!!! Am in a complex situation and extremely concerned for my Venezuelan fiancée whom I met at University but had to return to home country recently and is now stuck. As borders close from COVID-19, political tensions rise, along with hyperinflation, it looks like I will have to be exchanging currrency often. Banks and direct transfer aren't really an option, fees are massive (>=5%) if it is even a possibility, PayPal is similar and I am morally against using these institutions. As someone with little experience, and only a theoretical knowledge of crypto currency, I wouldn't know how to start. I am hugely interested in using decentralized currency along with the Freedom from financial institutions getting away with whatever they want. I really would greatly appreciate learning what options exist that are safe and allow me to have control over my own Bitcoin wallet where I am not putting myself at a huge privacy or scam risk, as I know there are so many shady exchanges out there. I have a powerful PC,(i7 9700k, RTX 2080ti, 32GB DDR4, 1TB M.2 SSD, 6TB HDD) running Windows 10, and just installed Debian. Also have rooted OnePlus 7 Pro running Android Q beta. Thanks for reading and any knowledge shared in advance!
Bitcoin Price Analysis: BTC/USD range-bound as CME’s futures option catch momentum Cryptos Jan 21, 07:12 GMT The newly launched CME Bitcoin contracts options continue to outperform Bakkt BTC ... BTC USD (Bitcoin / US Dollar) This is the most popular Bitcoin pair in the world. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of Bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls this cryptocurrency and everyone can take part. Bitcoin price grew ... A bitcoin option, which was agreed at a BTC price of USD 8,700 on January 15 2020, serves as an example. The buyer assumed that prices would rise and therefore bet on “Call” for 1 BTC. The target price for the buyer is USD 9,000 as of 1/30/2020. For this he was prepared to pay a premium of USD 500. 1 Milliarde USD Bitcoin-Optionskontrakte verfallen heute. Es wird erwartet, dass ihr Auslaufen die Volatilität des BTC-Preises erhöhen wird. Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH.
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