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    Bitcoin Daily Discussion, March 12, 2018

    Bitcoin Daily Discussion, March 12, 2018


    Daily Discussion, March 12, 2018

    Posted: 12 Mar 2018 03:00 AM PDT

    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
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    • Stuff you bought with Bitcoin
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    • That thing your coworker said
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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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    The latecomer’s BTC journey

    Posted: 11 Mar 2018 04:01 PM PDT

    Last Week Tonight with John Oliver: Bitcoin segment (March 11th 2018)

    Posted: 11 Mar 2018 09:37 PM PDT

    Tonight's episode of John Oliver's Last Week Tonight will discuss blockchain and cryptocurrencies

    Posted: 11 Mar 2018 06:04 PM PDT

    Banks want to kill Bitcoin. Wealthy want to kill Bitcoin. Economists want to kill Bitcoin. Governments want to kill Bitcoin. They’ll all learn you can’t kill Bitcoin.

    Posted: 11 Mar 2018 07:14 AM PDT

    Major milestone! We just passed 1,000 nodes with over 1,880 channels running on lightning mainnet.

    Posted: 11 Mar 2018 01:26 PM PDT

    Why does Changelly list BTC as "Bitcoin Core"?

    Posted: 11 Mar 2018 10:39 PM PDT

    PSA: "Bitcoin Core" is not a cryptocurrency

    Posted: 12 Mar 2018 01:47 AM PDT

    It is the name of a software implementation of the Bitcoin protocol - the protocol for the cryptocurrency 'Bitcoin'. Anyone can make a different node program similar to Bitcoin Core, as long as it follows the protocol (consensus) rules. This is analagous to there being multiple web browsers for the http-protocol.

    Some people dont seem to understand this.

    submitted by /u/MUFOS
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    This subreddit was mentioned on "Last Week Tonight with John Oliver" tonight!

    Posted: 11 Mar 2018 08:29 PM PDT

    The show did a segment on cryptocurrencies and talked about Bitcoin. Did you all see it?

    submitted by /u/SquadHub
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    /r/Bitcoin on Last Week Tonight. We made it!

    Posted: 11 Mar 2018 09:39 PM PDT

    Breaking data analysis: Some major exchanges fake 90++% of their volume, 75% of Bitcoin Cash volume is made by them.

    Posted: 11 Mar 2018 03:05 PM PDT

    My mom works in finance and had some interesting things to say about Bitcoin

    Posted: 11 Mar 2018 11:42 AM PDT

    I was surprised that she was "all for it".

    She has worked in forensic accounting, CPA, and compliance, so it surprised me since I expected her to be conservative with her thoughts on it as an investment.

    She's also very religious, so I expected her to say something about "the number of the beast" but she answered that before I had a chance to ask:

    "I remember back in the 60's when Visa and Mastercard became a thing and people didn't understand those either...they said all these things about the number of the beast in church about credit cards and it sounded as crazy then to me as it does now...Bitcoin WILL BE the world currency someday...we live in a SciFi future I wished for as a kid...what's the next big thing?"

    submitted by /u/Chiefesoteric
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    I've seen enough. @DenariumBitcoin will stop using BitPay in the very near future. There are good, non-scammy alternatives. In addition we will recommend merchants in Finland to not use it either. #bitcoin

    Posted: 11 Mar 2018 01:08 PM PDT

    We made an infographic about the Bitcoin Lightning Network for non-technical people!

    Posted: 11 Mar 2018 01:17 PM PDT

    Almost 50% of bitcoin transactions are batched

    Posted: 11 Mar 2018 06:36 PM PDT

    I added information about batched transactions to my bitcoin fee statistics program, and was surprised to find that almost half of transactions are batched. Batching is also twice as common for legacy transactions, which leads me to think that a lot more exchanges have implemented batching than segwit (which makes sense for them since batching saves them more in fees than segwit).

    submitted by /u/fresheneesz
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    Did you know? For McAfee to win his bet, BTC only needs to be $ 7,000 today

    Posted: 11 Mar 2018 06:51 AM PDT

    As you all know, John McAfee bet that bitcoin would be $1 Million by the end of 2020.

    If it were an asset rising steadily with a fixed percentage, it would only be $ 7,000 today. Despite all the volatility, FUD, we are above that curve. So relax and HODL.

    https://fnordprefekt.de

    submitted by /u/raumi75
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    Binance Wants to Find the Hackers and Will Pay $250k to Anyone Who Finds Them

    Posted: 11 Mar 2018 11:39 AM PDT

    Bithumb to Bring Cryptocurrency Kiosks to South Korean Restaurants

    Posted: 11 Mar 2018 05:09 PM PDT

    Lightning Network Mainnet Passes 1000 Nodes as Release 'Nears'

    Posted: 12 Mar 2018 02:10 AM PDT

    Bitcoin's bear market week. Thomas Lee: "I'm pretty certain the Mt Gox trustee does not have to return anymore fiat currency to the former account holders of Mt Gox."

    Posted: 11 Mar 2018 09:12 PM PDT

    Older South Koreans Are The Biggest Investors in Cryptocurrencies

    Posted: 11 Mar 2018 01:00 PM PDT

    "Digital currency likely to overtake fiat" - China's central bank governor

    Posted: 12 Mar 2018 01:07 AM PDT

    Elon Musk with cryptocurrency explained simply book at SXSW

    Posted: 11 Mar 2018 01:25 PM PDT

    The entire market might as well be one big combined currency while BTC is the king.

    Posted: 11 Mar 2018 08:07 PM PDT

    Coinbase burning bitcoins now?

    Posted: 11 Mar 2018 06:45 PM PDT

    Sent myself Bitcoin from Gdax and this was the change address.

    1111111111111111111114oLvT2

    I've never seen an address like this so I looked into it and it's a burn address known since at least 2013.

    Does it just make more sense burn these coins?

    Update: so this seems to be a bech32 address issue. Block explorer not decoding the address properly and displaying that burn address instead.

    submitted by /u/forrory
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    A Bitcoin Symbol Roundabout

    Posted: 11 Mar 2018 11:05 AM PDT

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