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    Bitcoin Daily Discussion, January 28, 2018

    Bitcoin Daily Discussion, January 28, 2018


    Daily Discussion, January 28, 2018

    Posted: 28 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!

    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
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      • Lambos
      • Teslas
      • Pizza
    • Questions
      • Receiving Bitcoin
      • Sending Bitcoin
      • Earning Bitcoin
      • Storing Bitcoin
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    • That thing your coworker said
    • Bitcoin Showerthoughts
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    • 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
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    How it feels to be checking Bitcoins price these days

    Posted: 27 Jan 2018 04:48 PM PST

    Bitcointalk's famous user Loaded moved his 40k BTC stash to a native SegWit address. $1 in fee to move $400M+.

    Posted: 27 Jan 2018 05:12 AM PST

    3-5 sat/B (~$0.10) fee transactions now clearing in the next block

    Posted: 27 Jan 2018 08:03 PM PST

    Visa and Mastercard Now Charge an Additional Fee for Buying Cryptocurrency

    Posted: 27 Jan 2018 08:52 PM PST

    13 Months ago I started my project WorkingForBitcoins.com, 7 months ago I went live beta. Today, after 7 months, I've hit 1000 members! It might not seem like much, but, boy, its good to know there are at least 1000 people out there that believe in my project! :)

    Posted: 27 Jan 2018 06:33 PM PST

    Thanks to Bitcoin, I am Happily Self-Unemployed

    Posted: 27 Jan 2018 07:38 AM PST

    Bitcoin turned out to be an effective way for me to end my employment....hopefully forever. I began investing in Bitcoin in late 2014 after a dear friend shared a post about his experience buying Bitcoin on Google+. I had heard of it twice before that, but didn't enter the game.

    After he posted, an angel showed up in the comments....presumably one of the early successful investors. He offered anyone willing to participate a little donation, if they jumped through the hoops of getting a wallet and providing an address. He also happily answered some of our questions. I took the bait.

    It wasn't long before I felt the power of crypto and was unsatisfied with my donation level investment. I remember commenting in the post, I am going to experiment with $100...which makes me LOL today. Soon enough, I started schemin. $100 turned into $300, and $300 into over a $1000 by the end of 2014. Hooked I was, like any drug will do.

    Early 2015 saw me turn to raising funding through family/friends and creating a excel sheet to start keeping tabs. "There is this thing, you won't/can't understand, so you will just have to trust me," I said. Several more fish on the line, and more bank. I started sending out a weekly newsletter to keep these folks abreast of the ongoing sentiment and fund performance.

    Ofc, Jan. 15th came while I was sleeping, and it hurt a little. Not because the price fell, but because it capitulated and I was unable to fully appreciate it (I was full blown injecting the stuff already).

    Nonetheless, I started thinking a little more like a real investor, although I didn't believe in HODL. I still don't. I created this post.

    https://www.reddit.com/r/Bitcoin/comments/2sa1kt/if_there_are_even_1000_people_like_me/ (Fuck Uphold btw)

    I stuck to the plan and invested between 2-4% of every paycheck throughout 2015 and early 16. I also started taking a look at the next door neighbors, taking some elevated risks margin trading on POLO (which is dead to me now). That was a good success.

    Fast forward, I find myself liberated from corporate work life, with absolutely no debt, a healthy savings and enough play for the next big ride. I want to now actually contribute something of more consequence to the ecosystem and let others stand on my shoulders as I stood on those that came before me.

    EDIT: I forgot to mention that I helped spread the virus by seeding several people myself. All are hooked. I would say in all, 10-15 others are now "in the game" from my donations. So donations can work!

    EDIT 2: I don't want to offer specific advice here as this is just one story of success. Many got rekt being careless or being at the wrong place at the wrong time. Cycles can bring you up or tear you down. I was pretty lucky to start taking risks at the end of a bear market. Nonetheless, I have no confidence, not a single bitcoin, in traditional investments like stocks. And I am not an investor either. I like the action of trading and moving all over the place. My convictions only lie in being somewhere that feels new and refreshing.

    EDIT 3: Since I got enough downvotes, I thought it would be the honorable thing to do to delete all comments related to advising people to liquidate 401Ks for crypto. I don't really want to hand out that advice. That is just my personal preference.

    EDIT 4: Where did I say I was rich? Hahaha, people love to jump to conclusions. I am happy where I am and look forward to what the future holds in store for crypto.

    Cheers!

    submitted by /u/VariiDecoda
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    A $2.2 trillion middle man

    Posted: 27 Jan 2018 07:14 PM PST

    "Man From Earth" Producers Pirate Movie Themselves, Accept Bitcoin Donations

    Posted: 28 Jan 2018 12:27 AM PST

    The producer / director of a popular movie series decided to pirate their movie themselves on ThePirateBay and request people to make donations if they like the movie. Apparently they accept Bitcoin as donation in addition to PayPal.

    http://www.imdb.com/title/tt5770864/

    http://www.manfromearth.com/index.php

    Message from the director: "Thanks for taking the time to watch our new movie, "The Man from Earth: Holocene".

    In order to make sure that every single person in the world who wants to see the movie has access to stream or download it, we are uploading it ourselves to the filesharing community.

    But just because the movie may be free to watch, it wasn't free to make.

    That's why we're so grateful to all of you who visit http://www.ManFromEarth.com and make a donation -of any size- if you've watched the movie without paying for it up front.

    It's a revolutionary global experiment in the honor system. We're asking people: "If you watch our movie, and you like it, will you pay something directly to the people who made it?"

    Please share ONLY THIS FILE and don't make any edits or changes. Also please don't post the movie to YouTube, or to any other for-profit sites where a third party could charge people to see the movie. That would not be fair, or in keeping with the spirit of what we are trying to do by sharing the movie with everyone.

    Once again, we thank you for your support, and I hope you enjoy: "The Man from Earth: Holocene"."

    Link to torrent: https://thepiratebay.org/torrent/19672338/The.Man.from.Earth.Holocene.2017.1080p.BDRip.x264-UNiVEARTH

    Where you can donate Bitcoin: http://www.manfromearth.com/index.php

    Credit: https://bitcointalk.org/index.php?topic=2782367

    submitted by /u/n0expl0sive
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    "hubs"

    Posted: 27 Jan 2018 11:32 AM PST

    Just spent $0.50 to consolidate my many outputs to SegWit address. 6 sat/byte and confirmed in 10 minutes.

    Posted: 27 Jan 2018 06:22 PM PST

    What sort of sorcery is this???

    submitted by /u/grzegorzhasse
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    I️ wish I️ was making this kind of money

    Posted: 27 Jan 2018 01:29 PM PST

    Just HODL it

    Posted: 27 Jan 2018 07:01 PM PST

    7 News: A campaign has been launched marketing Brisbane as the next crypto-currency capital of the world.

    Posted: 28 Jan 2018 12:01 AM PST

    Bitcoin is the only crypto where I can rest assured nothing like this will ever happen

    Posted: 27 Jan 2018 06:18 PM PST

    Found a HODLer.

    Posted: 27 Jan 2018 11:35 AM PST

    PSA: You can and should move your coins off of Coinbase for free via GDAX

    Posted: 27 Jan 2018 10:37 AM PST

    If you have any coin on Coinbase and you are not planning to sell it in the near future, it is highly recommended you move it offline to your own wallet. If you don't own a wallet, look at the Ledger Nano S or Trezor, they aren't free but their price is cheap for the security and peace of mind.

    Once you have a hardware wallet or a means of holding your own keys, open an account at GDAX. It's owned by Coinbase and the application process is exactly the same. When your account is verified, transfer your Coinbase to GDAX using GDAX's interface. From GDAX you can transfer them to your wallet's address for free.

    I used to keep my coins on Coinbase primarily to see day-to-day account balances, but there are plenty of free apps that can do the same thing. I now use Blockfolio.

    submitted by /u/Putnam14
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    FYI - Capital One “cancels” CC charges to Coinbase. Confirmed with Support this is internal policy for all crypto sites.

    Posted: 27 Jan 2018 10:15 PM PST

    Just thought I would pass along. I used Coinbase in December to buy some BTC via a Capital One Credit Card. Xmas presents. Went to do so Wednesday and returned the message fron Coinbase that the transaction was "cancelled by issuer'. Spoke to Capital One on Friday and the answer center told me that "for consumer protection / fraud they were not authorizing payments to this website". After, expressing my frustration, I followed up with a general question if this was true for all crypto currency sites and she said that this was the "official' policy and that all such charges would be cancelled. I asked when they notified thier customers of this charge since I had done so a few weeks ago and was told that they had not. The phone support couldn't say if they planned to.

    submitted by /u/captBergeron
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    Coindesk Breaking: Tether has "dissolved" relationship with auditor Friedman LLP, according to spokesperson for the company behind $USDT token. Story to come.

    Posted: 27 Jan 2018 02:53 PM PST

    Girlfriend made me a Bitcoin cupcake for my birthday

    Posted: 28 Jan 2018 12:17 AM PST

    For the first time in a long time I feel like the price is well correlated with the network

    Posted: 27 Jan 2018 11:44 PM PST

    There have been times like our last all-time high when the mempool was slammed yet the price kept going up. I feel comfortable with Bitcoins direction ahead with scalability issues and price it's justifiable with lighting around the corner & mempool clearing! Transaction under 5 Satoshi/B going through!

    submitted by /u/ShmittyMusic
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    My local bank in India doesn’t allow to transfer funds to international/foreign trading portal. Neither does it allow to buy bitcoin directly. Please help me by pass this shitty system.

    Posted: 28 Jan 2018 01:12 AM PST

    Although there is one Indian Portal, but you have to keep bitcoins on their wallet online only... can't transfer bitcoin to my hardware wallet or paper wallet...

    Also funds from my country to outside are highly monitored by shitty government we have.. any way to by pass it??? Need a solution to buy 0.1 bitcoin per week or so

    submitted by /u/jitenkakar
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    CoinMarketCap is now including Korean prices again!

    Posted: 28 Jan 2018 01:20 AM PST

    Korean exchanges were exluded in the past month. What happened? Why?

    submitted by /u/isty998
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    How You Act When Coinbase Tells You That Your Missing Transaction Is Still Processing!!!...

    Posted: 27 Jan 2018 09:52 PM PST

    I don’t quite understand people when I tell them about crypto currencies.

    Posted: 27 Jan 2018 10:58 PM PST

    It seems like when I tell people about how amazing how crypto currency works and the technology behind it, they seem to just laugh and thinks I'm an idiot. Oh my god. It really pisses me off.

    submitted by /u/demon_taker87
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    "Rumor has it Venezuela's military headquarters is full of Antminers"

    Posted: 27 Jan 2018 09:52 AM PST

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