Bitcoin Daily Discussion, December 21, 2017 |
- Daily Discussion, December 21, 2017
- "I think insider trading is a non-crime"-Roger Ver
- Spread the word: Lightning developer Elizabeth Stark will be on Bloomberg TV tomorrow
- Banks trying to come down on crypto investers!! Tell them what you think!!
- EVERYONE needs to email/tweet/call CNBC and inform them that Roger Ver is NOT 'Bitcoin Jesus' anymore.
- "Remember what happened the last time Roger gave you good advice on bitcoin?"
- "Chill out everyone. Nothing of any substance has changed. Just a bunch of new drama, which you should ignore." Andreas on twitter.
- 54% of reachable Bcash full nodes are running on virtual servers of Alibaba in China, against only 2% of Bitcoin, hmmmm
- Here it is "How to close a Coinbase account"
- This community needs to understand that their flagship companies (like Coinbase and Bitpay) are the biggest opponents of Bitcoin because if Bitcoin fulfills its promise they will be obsolete.
- Roger is defending an unfair advantage tactic, used by the rich to get richer while the poor stay poor. This goes against everything Bitcoin stands for!
- Pls consider supporting the Gemini, the twins have been a great promoter of bitcoin, we need competition amongst exchanges, the twins are very deserving of our support!
- Insider trading
- More proof of ConBase inside trading.
- Bitcoin Lightning Network Is Coming: Test a Transaction Now
- So now its confirmed. "You should want more insider trading, not less"
- Coinbase's short-sighted money grab is @Gemini.com's gain. Trust is the number one concern for new adopters and nobody can trust CONBASE after today
- Just a heads up - Gemini is slammed right now as many of us are leaving Coinbase
- Tried to use Bitcoin at a bar tonight at a Bitcoin meetup. Here is how it went.
- Coinbase might want to start their investigation here...
- A bitcoin millionaire is giving away their fortune to psychedelic research, curing aging and clean water
- Coinbase... it’s not me, it’s you. I’m moving on.
- PSA: In light of Coinbase fiasco I'd like to point out Bitstamp has been segwit compatible since September
- Don't Forget you can download your history before you leave Coinbase
- Hey guys, I will be releasing a New Bitcoin Exchange in 2018. Here is a preview screenshot. Would welcome any feedback, and/or support.
| Daily Discussion, December 21, 2017 Posted: 21 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
Your price screenshots and repetitive submissions are being removed, so please stop submitting them! Please check the previous discussion thread for unanswered questions. [link] [comments]  | ||
| "I think insider trading is a non-crime"-Roger Ver Posted: 20 Dec 2017 02:55 PM PST
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| Spread the word: Lightning developer Elizabeth Stark will be on Bloomberg TV tomorrow Posted: 20 Dec 2017 04:58 PM PST
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| Banks trying to come down on crypto investers!! Tell them what you think!! Posted: 20 Dec 2017 12:30 PM PST
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| Posted: 20 Dec 2017 02:17 PM PST
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| "Remember what happened the last time Roger gave you good advice on bitcoin?" Posted: 20 Dec 2017 03:28 PM PST
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| Posted: 20 Dec 2017 09:10 AM PST | ||
| Posted: 20 Dec 2017 06:06 AM PST
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| Here it is "How to close a Coinbase account" Posted: 20 Dec 2017 08:59 AM PST
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| Posted: 20 Dec 2017 06:29 PM PST If you are using banks (Coinbase IS a bank) and middlemen (Bitpay IS a middleman) to store and move Bitcoin for you you are making the very entities that Bitcoin went out to disintermediate more powerful and more influential. They are literally Trojan horses to the Bitcoin project. They are billion dollar companies with business plans that will be entirely obsolete once Bitcoin fulfills its promise which is to be a PEER TO PEER NETWORK. Coinbase is literally a bank. And they spy on their customers in more detail than any bank could ever do because the nature of the blockchain allows them to find out more about their customers than any bank ever could. And it is essential for their future that you will not be able to be your own bank, which you can be if you store your Bitcoin on your own wallet and verify your transactions yourself on your own node. Bitcoin is the first digital bearer asset and you don't need anyone to safeguard it for you or to tell you if you have received money. So putting Bitcoin into a Coinbase bank account is the most absurd thing to do. The only thing that gives Bitcoin value is the fact that you don't need any bank to hold it for you so putting it into a bank like Coinbase is the exact opposite of what Bitcoin wants to achieve. If you use them to hold your money you are basically giving up the self empowerment that Bitcoin offers you and giving that power back to the banks. In a Bitcoin utopia there is literally no place for banks like Coinbase. Therefor they will always do anything in their power to not let that utopia happen. By using them you support your biggest opponent. [link] [comments]  | ||
| Posted: 20 Dec 2017 05:54 PM PST
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| Posted: 20 Dec 2017 08:16 AM PST The twins put a vast amount of their wealth Into bitcoin early on and continue to live the bitcoin lifestyle while supporting bitcoin on multiple outlets. I wish they had more recognition and coinbase could use better competition. [link] [comments]  | ||
| Posted: 20 Dec 2017 08:08 AM PST
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| More proof of ConBase inside trading. Posted: 20 Dec 2017 11:00 AM PST
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| Bitcoin Lightning Network Is Coming: Test a Transaction Now Posted: 20 Dec 2017 11:24 AM PST
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| So now its confirmed. "You should want more insider trading, not less" Posted: 20 Dec 2017 04:16 PM PST
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| Posted: 20 Dec 2017 05:28 AM PST
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| Just a heads up - Gemini is slammed right now as many of us are leaving Coinbase Posted: 20 Dec 2017 06:16 AM PST Im switching some stuff over from Coinbase to Gemini and just got this message from their system when trying to create a deposit address - "We are verifying your identity and will be in touch shortly. Gemini is currently experiencing extremely high application volume and there may be delays as the compliance team completes the review of your application." [link] [comments]  | ||
| Tried to use Bitcoin at a bar tonight at a Bitcoin meetup. Here is how it went. Posted: 20 Dec 2017 11:23 PM PST First off, I hold more Bitcoin than any other coin.
I've been investing in Bitcoin since early this year and went to my first bitcoin meetup in San Francisco tonight. https://www.meetup.com/San-Francisco-Bitcoin-Social/events/245125000/
The description said, "the only bar in SF that accepts bitcoin at the register!"
I'm thinking, how is this gonna go? Can't go well, right.
I asked the bartender/owner if I can pay with bitcoin and he's like 'yeah, no problem'.
I had ordered two drinks. The bartender hands me an ipad with a bitpay QR code. I opened up my Coinbase app that I had moved $100 into today specifically for in person payments.
My drinks came out to $15.50 with tip. The Bitpay app requested 0.0012 BTC (Current price is $16,500). When I put that amount into the Coinbase app it said the USD value was $35. I couldn't figure out why it was $35. So I switched the interface to allow me to just enter a USD amount.
I entered $20, cause I was slightly drunk and said, oh well, I'll pay more. After I hit send I looked at the transaction and it said it was pending for $51. WTF? I asked the owner/bartender how this was gonna work since it was going to take 2hours plus.
He was like "2 hours? We can't wait that long, I'll just cancel and you can pay by credit card. Also , I don't want you to pay $51 for this".
I told him "You can't cancel, it's bitcoin. No backsies".
He was like "Well, Bitpay says it's canceled now".
And I said "Not sure its gonna come back through via Coinbase. I have no idea how this is gonna go." The owner was super great and offered to wait or try a whole bunch of things. I said "This was mostly an experiment, take my card. Thanks for doing the bitcoin community solid.".
At the end of the day I have no idea if I got refunded. 2.5 hours later, Coinbase said the transaction went through. Turns out the extra $30 was transaction fees for $20 drinks.
Ok, this is not anything new to anyone here. But it was my first time trying to buy something at a retail store.
The owner was super great. He actually knew a ton about transaction fees, altcoins, bit pay and ease of use for customers. It's not an exaggeration to say he knew more about bitcoin than any other person at the meetup I talked to. (Which is weird, cause he was surprised it was gonna take 2 hours. I thought we all knew that). He also said I was the only one to try to pay with bitcoin, which I kinda found sad. (ok, maybe everyone already knew better).
I knew it wasn't going to go well, but wanted to try for myself.
So, that brings me to: LIGHTNING NETWORK. WE NEED IT. LETS GET IT. HOW CAN I HELP. I'M A DEVELOPER, BUT HAVEN'T STARTED LEARNING BLOCKCHAIN CODING. DM AND PUT ME TO WORK LEARNING. I'LL BUILD YOU A THING.
Anyway, go to this bar and talk to Aaron. Super cool and will talk your ear off about bitcoin if he has the time: https://www.yelp.com/biz/stookeys-club-moderne-san-francisco
Here is my transaction: https://live.blockcypher.com/btc/tx/820957a6eac6ca8695dd312d90b84b6bdb5ad1b7ed8d747e3df4dc406ceaaeff/ [link] [comments]  | ||
| Coinbase might want to start their investigation here... Posted: 20 Dec 2017 10:59 AM PST
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| Posted: 20 Dec 2017 06:58 AM PST
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| Coinbase... it’s not me, it’s you. I’m moving on. Posted: 20 Dec 2017 06:49 AM PST
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| Posted: 20 Dec 2017 08:54 AM PST | ||
| Don't Forget you can download your history before you leave Coinbase Posted: 20 Dec 2017 11:11 AM PST
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| Posted: 20 Dec 2017 04:06 PM PST
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