I haven't bought Bitcoin5.9%
From a Bitcoin-only exchange37.3%
From a Crypto exchange29.7%
Peer-to-Peer27.1%
118 votes \ poll ended
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390 sats \ 1 reply \ @tomlaies 27 Nov 2022
I don't buy Bitcoin. I sell things (fiat is a thing, not a money) for Bitcoin (which is money).
English is not my first language. But to my understanding "buying" is the process of giving money, not the process of receiving money.
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0 sats \ 0 replies \ @selfish_gene 27 Nov 2022
меняю фиат на биткоин! верно?
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31 sats \ 0 replies \ @P2P_bitcoin 27 Nov 2022
Every person that voted that they buy bitcoin "peer-to-peer" means that they bought from someone else who is selling bitcoin "peer-to-peer". Right now, during this bear market, there are not a whole lot of sellers, so buyers are generally finding they must pay a hefty premium above the spot-market price.
So if you would like to see more bitcoin P2P trading occur (which helps the bitcoin ecosystem), and have access to bitcoin sold at, or near, spot price (e.g., from Strike), consider helping to provide liquidity in the P2P marketplaces by selling bitcoin (at a price above spot) and then replenishing for the amount you sold by buying back at the spot price on your centralized exchange or wherever you obtain your bitcoin.
A little profit earned from doing that can be put right back into adding to your stack. But what it also does is help bring liquidity to the P2P marketplaces, which is very much needed, as well as to cause more bitcoin to become HODL'd than if those P2P trades didn't happen. The P2P buyers aren't swing traders. They buy and then they stack. When they can, they buy some more and they stack some more.
So you providing additional liquidity helps to cause more bitcoin to be removed from the exchanges, which helps put upward pressure on the bitcoin exchange rate.
tl;dr: Want to see "number go up"? Provide sell-side liquidity on P2P marketplaces so that the HODLers that buy using them can buy more.
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21 sats \ 0 replies \ @kilianbuhn 27 Nov 2022
Stacker News has a big bias towards enthusiasts tho 🙄
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2 sats \ 0 replies \ @shyfire 28 Nov 2022
I've gone 100% P2P in preparation for the upcoming regulatory war.
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2 sats \ 0 replies \ @MiningHope 28 Nov 2022
I mine it
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2 sats \ 0 replies \ @2big2fail 28 Nov 2022
mine it
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0 sats \ 0 replies \ @inevitable 28 Nov 2022
I voted p2p, but I did 2 and 3 as well.
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0 sats \ 0 replies \ @rapidlab309 27 Nov 2022
Peach.
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0 sats \ 1 reply \ @BlokchainB 27 Nov 2022
I do it all
- Mine
- ATM
- Bisq
- Credit card rewards before BlockFi blew up
- Fold card daily spin and sats back
- Loli (daily Chest and linked credit cards)
- Cash app
- Strike
- Swan
- yield bucket shops
- Trade
- Carrot app (free codes)
- Lightning routing (net loss)
- Atomic Finance beta (DLCs selling puts)
- The bitcoin company
Yep I am a legit sat whore. I’ll do and try it all to get as many as I can
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0 sats \ 0 replies \ @Bitzm 27 Nov 2022
This is the way.
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0 sats \ 0 replies \ @samsonite 27 Nov 2022
I sell fiat for bitcoin using options 2 and 3 😀
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0 sats \ 1 reply \ @cascdr 27 Nov 2022
What's bitcoin?
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0 sats \ 0 replies \ @selfish_gene 27 Nov 2022
это глобальная инструкция.
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0 sats \ 0 replies \ @02401ff511 27 Nov 2022
All 3
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0 sats \ 0 replies \ @tetsu_tamasi 27 Nov 2022
Positively surprised but we need few more votes here boys.
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0 sats \ 1 reply \ @runthebanks 27 Nov 2022 freebie
I use Strike to buy.