Bitcoin Daily Discussion, December 17, 2017

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• Daily Discussion, December 17, 2017
• Fun Fact: I’m a financial advisor and now over 80% of my clients are asking me for help buying Bitcoin. I don’t see this slowing down any time soon.
• 1 Bitcoin now holds more value than 1 pound of gold
• When asked if I have any Bitcoin I used say "A little." From now on it's going to be "No, wish I did though."
• Malware warning: Bitcoin.com wallet needs a network connection for generating new keys. This should not be the case! Possibly this wallet is going to steal your bitcoins.
• My 0.022 Bitcoin I recieved from Coinbase went to expired status. Anyway to retrieve it ?
• Over 19k on coinbase
• How much has Bitcoin price increased since $9k, Vegleta?
• Today was a good day!
• Great talk from Andreas and message to coinbase, "companies that have successfully grown in this space forget that they serve their users"
• welp, I guess today is the best day to share with you my latest art piece, Bitcoin Guy BLAST OFF!
• New Yorkers are now checking BTC prices 85 times a day on CoinHub terminals. You read that right, the average person checks 85 times a day. An all time high.
• Winklevoss Twins give all the bubble talk "experts" a chance to short Bitcoin
• Smithsonian: There Never Was a Real Tulip Fever
• Bitcoin Could Reach $10,000 By Christmas
• Let's be prepared for 20k
• My experience: Don't give away BTC for holiday gifts
• ‘Silk Road’ Laptop which lead to the seizure of over 140,000 bitcoin. On display at the Newseum in Washington DC.
• When BTC hits 20k USD I'll eat this cookie
• Bittrex Stole my money! :-/
• Walmart selling Trezor's now? Bitcoin is really going mainstream.
• "Ultra-High Net Worth" Client requests 5% BTC exposure
• This is still (by far) my favorite video on Bitcoin
• It's been mentioned many times; however, off-chain protocols will absolutely save Bitcoin, restore faith, and give us a legendary price in 2018.

Daily Discussion, December 17, 2017 Posted: 17 Dec 2017 02:00 AM PST 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 you! Daily threads are fast paced! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Suggested Topics Screenshots of article headlines without the article of your favorite price ticker of your exchange website of your private chats Wallet/Exchange/Network recommendations complaints service outages troubleshooting fee estimation unconfirmed transactions All things price hodling the dip the moon price going up price going down technical analysis price on your smart phone price on your smart watch Stuff you bought with Bitcoin Hardware wallets Lambos Teslas Pizza Questions Receiving Bitcoin Sending Bitcoin Earning Bitcoin Storing Bitcoin Buying Bitcoin Selling Bitcoin That thing your coworker said Bitcoin Showerthoughts Bitcoin license plates Interesting threads Future speculation News of the day Memes, GIFs Twitter links Your price screenshots and repetitive submissions are being removed, so please stop submitting them! Please check the previous discussion thread for unanswered questions. submitted by /u/rBitcoinMod [link] [comments]

Fun Fact: I’m a financial advisor and now over 80% of my clients are asking me for help buying Bitcoin. I don’t see this slowing down any time soon. Posted: 16 Dec 2017 12:26 PM PST submitted by /u/romeomikehotel [link] [comments]

1 Bitcoin now holds more value than 1 pound of gold Posted: 16 Dec 2017 04:28 PM PST As of 12/16 1 pound of gold is $18,298 and 1 Bitcoin is $19,450. submitted by /u/BeyondPolar [link] [comments]

When asked if I have any Bitcoin I used say "A little." From now on it's going to be "No, wish I did though." Posted: 16 Dec 2017 10:56 PM PST Just my personal strategy going forward. It was fine when friends and family made fun of me, but now - at these gains - HODLers are going to become targets. Just a quick reminder to be careful out there. submitted by /u/DankLard [link] [comments]

Malware warning: Bitcoin.com wallet needs a network connection for generating new keys. This should not be the case! Possibly this wallet is going to steal your bitcoins. Posted: 16 Dec 2017 04:43 PM PST https://np.reddit.com/r/btc/comments/7jt1tp/i_am_searching_for_an_android_bitcoin_cash_wallet/dr8ybxy Roger Ver alias /u/memorydealers who owns and operates bitcoin.com does not explain why this wallet behaves this way. Anyway, there is no reason! If a wallet cannot generate a private key due to missing network connection, it is either due to malware or due to incapable developers. Both is bad for a Bitcoin wallet, so stay away! submitted by /u/Amichateur [link] [comments]

My 0.022 Bitcoin I recieved from Coinbase went to expired status. Anyway to retrieve it ? Posted: 16 Dec 2017 09:12 PM PST Hello, Back in 2014, Coinbase was giving out $10 bitcoin for signing up with an edu email. I did sign up and verified the address and sure enough I did receive $10 worth bitcoin (0.022) and it was still in my wallet few months ago. Now all of sudden it is in expired status. Anyway to get it back. Thank you Screenshots of the expired bitcoin : http://imgur.com/a/8MIcQ submitted by /u/MrBackpacker [link] [comments]

Over 19k on coinbase Posted: 16 Dec 2017 11:36 AM PST HODL to the moon!!! submitted by /u/dzabzzz [link] [comments]

How much has Bitcoin price increased since $9k, Vegleta? Posted: 16 Dec 2017 01:17 PM PST submitted by /u/oddity95 [link] [comments]

Today was a good day! Posted: 16 Dec 2017 11:59 AM PST I bought some BTC in 2016. They have been sitting in a Wallet, encrypted with a very good password. I mean, an excellent password. So excellent, I forgot it. Watching the rise, i´ve spent the last ~3 Months diving into the tech of hashes, python scripts, tools like hashcat and john the ripper etc. And today, after several hours of number-crunching on my office-computer (thank you, boss!) I was able to recover my password and regain access to my bitcoin wallet. Merry fucking christmas to me! submitted by /u/Phyro-Mane [link] [comments]

Great talk from Andreas and message to coinbase, "companies that have successfully grown in this space forget that they serve their users" Posted: 17 Dec 2017 01:48 AM PST submitted by /u/btc_ideas [link] [comments]

welp, I guess today is the best day to share with you my latest art piece, Bitcoin Guy BLAST OFF! Posted: 16 Dec 2017 12:06 PM PST submitted by /u/frankreddit5 [link] [comments]

New Yorkers are now checking BTC prices 85 times a day on CoinHub terminals. You read that right, the average person checks 85 times a day. An all time high. Posted: 16 Dec 2017 03:43 PM PST submitted by /u/electic102 [link] [comments]

Winklevoss Twins give all the bubble talk "experts" a chance to short Bitcoin Posted: 16 Dec 2017 04:48 PM PST submitted by /u/lilprog [link] [comments]

Smithsonian: There Never Was a Real Tulip Fever Posted: 16 Dec 2017 10:19 PM PST submitted by /u/sve9mark [link] [comments]

Bitcoin Could Reach $10,000 By Christmas Posted: 16 Dec 2017 07:50 AM PST submitted by /u/FenderJazzzzBass [link] [comments]

Let's be prepared for 20k Posted: 16 Dec 2017 11:24 AM PST Arm yourselves with the best of memes for this grandiose moment. submitted by /u/riverflop [link] [comments]

My experience: Don't give away BTC for holiday gifts Posted: 16 Dec 2017 09:08 AM PST ...unless the gift recipients are actively inquisitive about crypto and responsible enough to manage private keys. I have given countless friends and family members bitcoin in tiny increments in the last year and a half. Only to have them call me in late 2017 and say "Look at that price! How do I get my bitcoin back if I have lost my private key and seed?" Now, that lost gift has turned into a source of resentment for the recipient. Next time, I will simply give the yet-unenlightened fiat and hodl the BTC instead. I have learned that if they don't care enough to be responsible for their private keys, they will lose the bitcoin and indirectly blame you. To the lunar surface, ladies and gentlemen! submitted by /u/BitcoinDreamland [link] [comments]

‘Silk Road’ Laptop which lead to the seizure of over 140,000 bitcoin. On display at the Newseum in Washington DC. Posted: 16 Dec 2017 08:00 AM PST submitted by /u/assetsequal [link] [comments]

When BTC hits 20k USD I'll eat this cookie Posted: 16 Dec 2017 07:16 PM PST https://i.imgur.com/menvuXw.jpg submitted by /u/Buibies [link] [comments]

Bittrex Stole my money! :-/ Posted: 16 Dec 2017 10:56 PM PST Hey guys, it's been about a month since I submitted my information for verification on Bittrex and they have still not verified me due to a "name mismatch" which is ridiculous because I use the same name as my ID. My ticket # is 756600 and I have a lot of money on there that they will not let me withdraw and it's really sketching me out. Does anyone know how to fix this? Hopefully someone at their company sees this and helps because this is not a good experience for my introduction to crypto. submitted by /u/Xbenjammin27x [link] [comments]

Walmart selling Trezor's now? Bitcoin is really going mainstream. Posted: 16 Dec 2017 07:41 AM PST submitted by /u/slacker-77 [link] [comments]

"Ultra-High Net Worth" Client requests 5% BTC exposure Posted: 16 Dec 2017 08:28 AM PST submitted by /u/DenovoTutor [link] [comments]

This is still (by far) my favorite video on Bitcoin Posted: 16 Dec 2017 08:00 AM PST submitted by /u/dont_stress [link] [comments]

It's been mentioned many times; however, off-chain protocols will absolutely save Bitcoin, restore faith, and give us a legendary price in 2018. Posted: 16 Dec 2017 01:48 PM PST Segwit helps in the meantime, and I'm so pro-segwit (everyone should be); however, off-chain protocols will save Bitcoin and fix scaling issues permanently. The main chain will be like our "savings" accounts essentially. We pay the same, shitty, high-fees and survive the high confirmation times whenever we want to move a large amount of Bitcoin (this seems reasonable), and then our Bitcoin is moved for daily transactions on off-chain protocols. (lightning networks). For example, if you use coinbase, sending to another coinbase user would be instant, because coinbase would operate on their own protocol. Also, merchants would use 1-3 major protocols, (just like banks, phone carriers, etc), so our starbucks coffees would be instant as well. It would work almost exactly like a checking/savings account. Sure, off-chain protocols remove some of the decentralization, but this doesn't affect the main chain whatsoever. In my opinion, this makes the most sense for the future of Bitcoin. We can make Segwit the mission of 2017, but the moment 2018 hits, we need to be pushing off-chain protocols like madmen. This will save Bitcoin, and once we perfect off-chain protocols, I don't see how we can't have a 6-digit price in 2018. Food for thought: Gold market cap - 7.8 trillion $ Bitcoin market cap - 325 billion $ This makes the Gold market almost exactly 24 times larger than Bitcoin. If Bitcoin even reaches 20% the size of the Gold market (giving Bitcoin a 1.56 trillion $ market cap), with a similar supply to today, this would price each Bitcoin at $93158. Sure, this is EXTREMELY ambitious and a dreamer's perspective; however, why can't Bitcoin be 20% of the market for gold? Especially after we solve our core issues, it would surely give the market a massive confidence boost. submitted by /u/sacstatebro [link] [comments]

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