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    Bitcoin Daily Discussion, February 28, 2018

    Bitcoin Daily Discussion, February 28, 2018


    Daily Discussion, February 28, 2018

    Posted: 28 Feb 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.

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    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]

    How to beat a dip..

    Posted: 27 Feb 2018 04:05 PM PST

    SegWit transactions are now 30.71%!

    Posted: 28 Feb 2018 02:22 AM PST

    What the fuck!!!!! Segwit adoption will shoot over 40%

    Posted: 27 Feb 2018 11:55 PM PST

    "The barriers to entry for tech are very low compared to any other professional field. Male or female, you can make it without a CS degree, with no initial capital costs other than a computer, and all the material you need to learn and start practicing is freely available online."

    Posted: 27 Feb 2018 04:13 AM PST

    Bill Gates "CryptoCurrencies Caused Deaths In A Direcy Way". While the majority of BTC purchases are made using Windows.

    Posted: 27 Feb 2018 03:58 PM PST

    Dutch bank 'Rabobank' announcing crypto wallet

    Posted: 28 Feb 2018 12:34 AM PST

    Visa and Mastercard are actually slower to settle than Bitcoin

    Posted: 28 Feb 2018 02:24 AM PST

    I'm and accountant and I have a fun fact to tell you. A typical company has expenses of 0.5% of online transactions that are not honoured upon settlement by the bank. Visa and Mastercard actually take days to settle and are actually much slower than #Bitcoin.

    submitted by /u/timosborn
    [link] [comments]

    I'm proud to say that my online store is now accepting bitcoin directly to our Ledger through our own node. Thanks to superhuman Nicolas Dorier and his open-source BTCPay project. By cutting off the intermediary, we decreased the cost and more importantly enhanced the privacy of our customers

    Posted: 27 Feb 2018 09:51 AM PST

    Possible attacks on Bitcoin

    Posted: 27 Feb 2018 06:39 AM PST

    Dutch Bank RABOBANK is asking their customers if there is any interest in a "crypto wallet"

    Posted: 28 Feb 2018 01:53 AM PST

    Bitcoin HODL’ers Could Not Care Less About Negative Price Surges

    Posted: 27 Feb 2018 03:20 PM PST

    Stop using Windows for cryptocoins. It's time to install GNU/LINUX.

    Posted: 28 Feb 2018 01:57 AM PST

    u/gonzobon's excellent response to Bill Gates stupid statements on his Reddit AMA.

    Posted: 27 Feb 2018 08:02 PM PST

    Extrapolating from a Dutch survey, I'd say Bitcoin adoption in the US is at ~2% of households - same as Internet adoption in 1993. In other words, 2020 could become a tipping point, Bitcoin equivalent of a "Windows 1995 moment".

    Posted: 28 Feb 2018 02:46 AM PST

    Fuck you Bill Gates ! My cousin did not die because of Bitcoin ....

    Posted: 27 Feb 2018 05:00 PM PST

    Man Who Claimed To Be Bitcoin's Creator May Be Asked To Prove It In $10 Billion Lawsuit

    Posted: 27 Feb 2018 09:43 AM PST

    The best speech I've seen about bitcoin, watch it now

    Posted: 27 Feb 2018 11:48 PM PST

    "Dirty Money" - ep.4 Cartel Bank - a must see docu series on Netflix. The real money launderers are the banksters

    Posted: 27 Feb 2018 08:57 AM PST

    We have now almost 900 Satoshi 0.16.0 NODES! We need more!

    Posted: 28 Feb 2018 02:24 AM PST

    bisq-front: A web based front-end for the BISQ decentralised trading platform.

    Posted: 28 Feb 2018 01:33 AM PST

    Bill Gates' 'Nonsense' Crypto Comments Draw Twitter Ire

    Posted: 27 Feb 2018 05:33 PM PST

    Report: Coinbase made 43 percent of its 2017 revenue in December alone

    Posted: 27 Feb 2018 11:08 PM PST

    Bisq adds 7 new payment methods to boost its US bitcoin trade

    Posted: 27 Feb 2018 12:03 PM PST

    Playing devil's advocate: 6 reasons why blockchain technology won't take off

    Posted: 27 Feb 2018 03:06 PM PST

    1) Centralized solutions are cheaper. Consider Amazon vs. Filecoin. Amazon can buy hard drives in bulk and receive large discounts. They can pass those savings onto their customers. The Filecoin users providing storage to customers will have to 1) convince customers that their technology is safe 2) offer cheaper service. There isn't a trust issue with Amazon. So why would customers move to Filecoin?

    2) Centralized solutions are much faster. Yes, there is a bunch of work being done now to allow for smaller transactions (lightning networks, plasma). There's no proof this is going to work. High level scaling solutions remain academic.

    3) Development takes longer because the software has to operate in a trustless environment. Every update, no matter how minor, requires an independent security audit. There are quite a few examples of why security audits are not optional.

    4) Because money is involved forks can be contentious. The default is to do nothing. A centralized solution with a board of directors and CEO can outpace a blockchain community in development speed and time to market.

    5) If the private keys are lost or stolen the consumer is screwed. That makes blockchain technology incredibly risky. It's still safer to pay friends with Chase QuickPay. Banks also have insurance. How can a blockchain be insured?

    6) Smart contracts are too rigid to replace the legal system. One option is to use an oracle as a source of information. However, using oracles to pull data from outside the blockchain means most of the logic is centralized.

    submitted by /u/NastyGuyFromCanada
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