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    Saturday, March 3, 2018

    Bitcoin Daily Discussion, March 03, 2018

    Bitcoin Daily Discussion, March 03, 2018


    Daily Discussion, March 03, 2018

    Posted: 03 Mar 2018 02:01 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

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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
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    Coinbase Hit With Class Action Claiming Insiders Benefited From 'Bitcoin Cash' Launch

    Posted: 02 Mar 2018 04:57 PM PST

    Pastor fakes own kidnap, demands 3 BTC ransom from family

    Posted: 02 Mar 2018 09:12 AM PST

    Good news: Today we have 72% more nodes than 2 years ago. Decentralization is what gives BTC its power.

    Posted: 02 Mar 2018 01:30 PM PST

    Keep up the good work, we still have a long way to go. 20K nodes by 2020. Moon.

    https://bitnodes.earn.com/dashboard/?days=730

    submitted by /u/_professorcrypto_
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    Bitfinex "We are excited to announce an additional 33.3% decrease in BTC withdrawal fees. BTC withdrawal fees are now only 0.0004 BTC on Bitfinex. #SegWit"

    Posted: 02 Mar 2018 09:41 AM PST

    Japan made bitcoin a legal currency - now it's more popular than ever | CNBC Reports

    Posted: 02 Mar 2018 03:57 AM PST

    Bitcoin: The king awakes!

    Posted: 03 Mar 2018 12:16 AM PST

    They just keep coming at bitcoin... British Politician: If we all used bitcoin, "the thing would collapse"!

    Posted: 02 Mar 2018 03:45 PM PST

    @SatoshiLite: Upgrade from P2PKH (legacy '1' addresses) to P2WPKH (SegWit bech32 'bc1' addresses) is similar to the upgrading from IPv4 to IPv6. It's a slow process, but it's a far superior format.

    Posted: 02 Mar 2018 02:39 PM PST

    "Buy bitcoin. Rent everything else." Bitcoin minimalism through bitcoin maximalism.

    Posted: 02 Mar 2018 03:46 PM PST

    I have just been to a holiday in Bali, Indonesia. I went there to relax by the beach and practice surfing. While there I took a group surfing class. In the group I found a surfer dude from America.

    This surfer dude and I hit it off and became great friends because it was clear that we were both interested in bitcoin.

    We had dinner afterwards where I learned that he lived according to the following motto: "Own bitcoin and rent everything else." He works as an analyst in Boston and owns no home, car, or anything. He has zero debts. His philosophy in life is to own very little except bitcoin and to only live off 4% of your bitcoin every year (he is applying the 4% rule normally used for stocks and bonds to bitcoin). He is a bitcoin minimalist in that he owns virtually nothing other than bitcoin. He is both a bitcoin minimalist and a bitcoin maximalist. It is a contradiction that makes sense.

    Afterwards we went to Ubud to do some yoga and eat vegan food. This surfer dude was picking up really nice slender yoga hippie girls and bringing them back to his hotel room. I was in awe of his confidence around women, and these were really nice girls. Of course he has already had a vasectomy. He claims that he wants to be childfree to help the environment. He even told the girls that he was childfree and a commitment phobe by choice and he is anti-marriage and the girls didn't seem to mind at all. They say girls want commitment, but this guy is anti-commitment by ideology and everyone respects it.

    I am not gay or anything, but I really admire this man and his lifestyle of complete and absolute freedom from all obligation and ownership. I want to live similarly but I have much more money invested in fiat (probably 80% fiat) and therefore I am not as wealthy as he is because he is all in bitcoin and has been since the early days of bitcoin.

    It seems as if bitcoin gives you one single investment you can own. It is the perfect investment and it works everywhere and it is a global borderless investment free from corruption by governments. Everything else in life can be rented so that you live a life free of all obligation, responsibility, or commitment, a life free from all wage slavery, a life of complete freedom.

    submitted by /u/tramselbiso
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    Just high fived a random guy in Miramar Florida that had a shirt that said "keep calm and buy bitcoin"

    Posted: 02 Mar 2018 09:25 AM PST

    First time seeing a fellow hodler in real life since I started accumulating 6 months ago. Made my day. We're the silent revolution.

    submitted by /u/bluethunder1985
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    Hedge fund manager and Bitcoib bull Brian Kelly says Bitcoin is the new gold

    Posted: 03 Mar 2018 12:13 AM PST

    "Hedge-fund manager and Bitcoin bull Brian Kelly says Bitcoin 'is the new gold.'" @CoinDelite https://medium.com/@coindelite/hedge-fund-manager-and-bitcoin-bull-brian-kelly-says-bitcoin-is-the-new-gold-d94933734aad

    submitted by /u/iamchandanthakur
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    Today, I purchased groceries with Bitcoin and it was the best feeling ever!

    Posted: 02 Mar 2018 05:07 PM PST

    I live in a relatively small city with a small grocery store ( big ones too like Safeway and Save , but I like the small one! ). A few months ago while talking about Bitcoins i caught interst of the owner and he ended buying a small amount. Today I went in with bitcoins on my phone and asked him if he wanted to settle with bitcoin...... he said yes and well, it went perfectly!

    Mycelium is a pertty good client, made it easy to do the exchange!

    Hoping to do all my trx in bitcoin by the end of the year! Now to put pressure on the places I go for lunch near my work etc!

    submitted by /u/TheSimkin
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    Uzbekistan Announces Cryptocurrencies legalization by mid 2018

    Posted: 03 Mar 2018 01:06 AM PST

    How I got my first Bitcoin

    Posted: 02 Mar 2018 10:18 AM PST

    How I Lost $300,000 to Bitmain Bitcoin Miner Scam

    Posted: 02 Mar 2018 07:47 AM PST

    Coinbase Sued Over Unclaimed Email-Sent Bitcoins

    Posted: 02 Mar 2018 06:02 PM PST

    The CryptoDad.

    Posted: 02 Mar 2018 08:22 AM PST

    Germany considers Bitcoin as a legal tender for taxation

    Posted: 02 Mar 2018 11:17 AM PST

    The Lightning Network Explained ( Bitcoin's Scalability )

    Posted: 02 Mar 2018 06:04 PM PST

    Nocoiner talking about crypto now. We are in 1985.

    Posted: 02 Mar 2018 06:31 AM PST

    Jameson Lopp quits BitGo and joins a crypto storage solutions company for high net worth individuals

    Posted: 02 Mar 2018 08:28 AM PST

    Liechtenstein Bank is Worlds First to Offer Cryptocurrency Investments

    Posted: 02 Mar 2018 09:08 AM PST

    Crypto for a better world!

    Posted: 03 Mar 2018 03:02 AM PST

    I know this is not the right subreddit but we are many, hundereds of thousands and I hope to reach as many people here as I can. And I don´t use Facebook or Twitter so I hope many of you will share this. Please share this, so we can fight against this behaviour because in the end we (or at least me) want ETN and cryptocurrencies to make our world a little better and help people who are not as gifted as we are. This is no clickbait, no ad or anything harmful.

    http://www.break.com/video/no-good-deed-goes-unpunished-3150168

    Please let the companies know, our generation isn´t accepting this behaviour anymore! They want money from us, then they have to accept our rules for a society. Thank you!

    submitted by /u/jakob_hoss
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