Bitcoin Reddit

More / Bitcoin Reddit - 3 weeks ago

Who is buying from COLDCARD right now?

Seriously, what’s their business model? Do they expect just to advertise and carry on as normal? Are they hoping that people don’t notice or don’t know what happened? Even having the website up claiming safety is pure liability at this point....

More / Bitcoin Reddit - 3 weeks ago

Ledger phishing email

Je viens de recevoir cet email faux de "mise à jour du firmware Ledger". Le bouton de mise à jour redirige vers un domaine qui n'est pas celui de Ledger, donc c'est clairement une tentative de phishing. Heureusement pour moi,...

More / Bitcoin Reddit - 3 weeks ago

What are everyone’s thoughts on Bitkey?

Looking for a new hardware wallet. I like that it’s multi Sig, 2 of 3. Phone, Device, Bitblock. My only concern is that I like having a seed phrase. If something happens, unlikely 2/3 keys fail at the same time, I’d like to be able to quickly transfe...

More / Bitcoin Reddit - 3 weeks ago

What is the point or benefit of KYC?

Having been involved in btc in 2011 to 2014 and coming back to it last year I really hated the whole KYC thing when I learnt about it. It means we lose anonymity and must pay tax. Apparently in exchange we get security? Except we don't? If your c...

More / Bitcoin Reddit - 3 weeks ago

It hurts.

Seen on a TV quiz show in Germany. Question is: “What type of inflation is generally considered good for a country’s economy?” The supposedly correct answer is C: “creeping inflation.” This is wrong in so many ways. I don’t know where to start...

More / Bitcoin Reddit - 3 weeks ago

If cycles are not a thing, how random is this though?

Days from Bitcoin halving to subsequent market peak: 2016 halving → peak: 525 days (9 July 2016 → 16 December 2017) 2020 halving → peak: 548 days (11 May 2020 → 10 November 2021) 2024 halving → peak: 535 days (19 April 2024 → 6 October 2025, ~$126K)...

More / Bitcoin Reddit - 3 weeks ago

Why were Coldcard hackers so stupid?

I don't understand this hack. Most of the funds moved to a handful of wallets. They are now tainted and require mixing and even then they will never be fully unsuspicious. If they had just generated a new wallet for each one they drained and move...

More / Bitcoin Reddit - 3 weeks ago

Bitcoin is stronger than ever

After the recent Coldcard hacks I was initially worried what’s going to happen to bitcoin. I was orange pilled ages ago and have been a bitcoiner since. I’m from an abusive alcoholic family and never had any financial support, but my bitcoin pr...

More / Bitcoin Reddit - 3 weeks ago

Don’t do that

There are a bunch of videos now on youtube, teaching how to generate a seed phrase using dice, but two of them were particularly interesting. I won’t post their channel names or link to their channels. But one of the guys was a bitcoin guru, offering...

More / Bitcoin Reddit - 3 weeks ago

Coldcard entropy even worse than feared

TL;DR: The random number generator is initialized with a 32 bit value (4B+ possibilities). But only less than 10M options are possible because of how they generate the value. The PRNG used in Coldcard MK3 is initialized with UID[31:0] XOR SysTick->...

More / Bitcoin Reddit - 3 weeks ago

New Wallet After Coldcard Hack

I was affected by the Coldcard hack. Thankfully, my Coldcard Q was only 1 key in a 2 of 3 multisig. My coins are safe. But with 1 key compromised, I decided to migrate. My new 2 of 3 multisig: -Coldcard Q updated with the new firmware. Seed generate...

More / Bitcoin Reddit - 3 weeks ago

Daily Discussion, August 06, 2026

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank yo...