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    Bitcoin Daily Discussion, January 02, 2018

    January 02, 2018

    Bitcoin Daily Discussion, January 02, 2018

    Daily Discussion, January 02, 2018

    Posted: 02 Jan 2018 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!

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    submitted by /u/rBitcoinMod
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    New Years Party

    Posted: 01 Jan 2018 09:56 AM PST

    The Bitcoin Wave

    Posted: 01 Jan 2018 10:44 PM PST

    Localbitcoins is now segwit compatible.

    Posted: 02 Jan 2018 03:22 AM PST

    While not a lamborghini.. I just took some profits I made off a single Alt and brought a Switch to celebrate the new year and a personal ATH.

    Posted: 02 Jan 2018 12:26 AM PST

    Share for the newcomers!

    Posted: 01 Jan 2018 06:17 PM PST

    Bitcoin Sign Guy in infinite loop while Janet Yellen looks on like a deer caught in the headlights

    Posted: 02 Jan 2018 12:22 AM PST

    "Lets come together and move forward as an industry. Activating SegWit can help us get there and it has a number of good features."

    Posted: 01 Jan 2018 04:29 PM PST

    Lightning Network wallet: Zap Wallet

    Posted: 01 Jan 2018 04:50 PM PST

    Lightning Network Developer Tutorial

    Posted: 01 Jan 2018 08:53 PM PST

    This Facebook scammer promising 5 BTC weekly had the perfect start to his sales pitch.

    Posted: 01 Jan 2018 10:08 PM PST

    Tom Simmons - Money Is Our God - Comedian hilariously explains why we need Bitcoin

    Posted: 01 Jan 2018 04:23 PM PST

    Whalepool on Twitter: "Retweet to let the Coinbase Board of Directors know we are not happy with @brian_armstrong dragging his feet on SegWit"

    Posted: 01 Jan 2018 07:54 AM PST

    New receiving addresses for your LocalBitcoins wallet are now Segwit compatible. Segwit addresses start with the number 3. #Bitcoin #Segwit #LocalBitcoins #scalingbitcoin

    Posted: 02 Jan 2018 03:10 AM PST

    Q: When will the Lightning Network be rolled out? A: The rollout has already begun. This is an iterative distributed learning process; it's unlikely there'll be a single point in time at which we say LN is "deployed" because it will grow organically. Software is never finished.

    Posted: 01 Jan 2018 06:11 AM PST

    You Can Now Buy A Private Prison On Craigslist For Only 88 Bitcoin

    Posted: 01 Jan 2018 06:34 PM PST

    Michael Goldstein on Twitter: "Instead of implementing SegWit, @brian_armstrong is busy heavily petting CryptoKitties. @coinbase is going to continue losing customers as they neglect their needs and demands. If they do not act, they will be replaced by more competent companies"

    Posted: 01 Jan 2018 07:49 AM PST

    Lightning Strikes Harold

    Posted: 01 Jan 2018 01:06 PM PST

    It's instant and it's almost free. Understand that lightning is here.

    Posted: 01 Jan 2018 10:07 AM PST

    Stop waiting for Bitcoin corporation to announce the release of the lightning network. Bitcoin is decentralized! Get it? A good analogy is to consider the lightning network a new born baby. It's here, it's healthy and if you're asking "can it walk yet" you're behind on your research and missing the point. I'm making the announcement right now. Lightning Network is officially here. We are Bitcoin.

    https://lightning.network "Instant Payments. Lightning-fast blockchain payments without worrying about block confirmation times. Security is enforced by blockchain smart-contracts without creating a on-blockchain transaction for individual payments. Payment speed measured in milliseconds to seconds.

    Scalability. Capable of millions to billions of transactions per second across the network. Capacity blows away legacy payment rails by many orders of magnitude. Attaching payment per action/click is now possible without custodians.

    Low Cost. By transacting and settling off-blockchain, the Lightning Network allows for exceptionally low fees, which allows for emerging use cases such as instant micropayments.

    Cross Blockchains. Cross-chain atomic swaps can occur off-chain instantly with heterogeneous blockchain consensus rules. So long as the chains can support the same cryptographic hash function, it is possible to make transactions across blockchains without trust in 3rd party custodians."

    Jameson Lopp has it figured out as described in this tweet https://twitter.com/lopp/status/947808940255006726

    submitted by /u/givethought
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    What are Channel Factories and how they work

    Posted: 01 Jan 2018 10:14 PM PST

    Oh man...the deluge of SegWit responses to Brian Armstrong's Toshi tweet yesterday is hilarious

    Posted: 01 Jan 2018 03:27 PM PST

    Looks like we started out the new year by dropping back down under 100,000 on the mempool!

    Posted: 01 Jan 2018 08:38 AM PST

    Just noticed it while I was responding to a comment. Fees are down to 50 satoshis per byte and we're maintaining a drop over three days (most likely because of the new year). The last time we were this low was December 11th. Let's try to keep it going, guys!

    submitted by /u/Korberos
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    Funniest moment in Cryptocurrency last year

    Posted: 01 Jan 2018 09:14 AM PST

    Here’s to 2018... The Wolf of GDAX .

    Posted: 01 Jan 2018 02:54 PM PST

    local pizza place accepts Bitcoin for orders online. Trenton, NJ

    Posted: 01 Jan 2018 12:58 PM PST
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