Bitcoin Daily Discussion, March 18, 2018 |
- Daily Discussion, March 18, 2018
- Mood Currently.
- My "Beginner’s Guide to ⚡Lightning⚡ on a Raspberry Pi" is ready for @lightning Mainnet! Build your own Bitcoin Full Node with Lightning for < $100! ️⚡️
- Stitching Bitcoins
- What HODLing is actually like!
- I paid Hodl Monkey 455,032 satoshi via Lightning for two t-shirts AMA
- Paypal's Warning Email To Stop Trading Crypto Has Been Proven To Be Fake.
- FORBES - Charts shows Bitcoin at 91,000 by 2020
- Super stoked about my first mainnet lightning transaction
- Bitcoin Miners Can Now Be Charged Extra for Electricity, New York Power Authorities Say
- Peter Thiel is a bitcoin maximalist
- Mt. Gox Trustee Who Sold $400 Million Bitcoin Denies Affecting Market Price
- [Good news!] After Christmas 1st time BTC dominance back to 44% again :)
- Did you know that the current Bitcoin code is 77 thousand lines long?
- Withdrew funds from Coinbase and they have lost them.
- MtGox trustee confirms he did not sell BTC at same time as moving them, also didn't affect price
- Wall Street Firm Jane Street Capital includes Bitcoin in Traded Assets - $13 Billion Daily!
- PSA: use a mobile wallet like Samourai or a desktop wallet like Electrum to avoid overpaying fees.
- Defending bitcoin against state sponsored attacks - Andreas Antonopoulos
- 1 sat/byte transaction got it's first confirmation in 3 minutes.
- Flash crash on BTCmarkets?
- How I feel trying to HODL bitcoin lately...
- F.U.N.D.A.M.E.N.T.A.L.S beat short-term sentiments.
- Bitcoin payment solutions for merchants that really want Bitcoin
- this website changes the music and mood based if Bitcoin (and others) are bullish or bearish
- Sad payment choices for "Bitcoin"
Daily Discussion, March 18, 2018 Posted: 18 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
Your price screenshots and repetitive submissions are being removed, so please stop submitting them! Please check the previous discussion thread for unanswered questions. [link] [comments] | ||
Posted: 17 Mar 2018 07:39 PM PDT
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Posted: 17 Mar 2018 06:32 PM PDT
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Posted: 17 Mar 2018 05:55 AM PDT
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What HODLing is actually like! Posted: 17 Mar 2018 05:44 PM PDT
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I paid Hodl Monkey 455,032 satoshi via Lightning for two t-shirts AMA Posted: 17 Mar 2018 09:17 PM PDT
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Paypal's Warning Email To Stop Trading Crypto Has Been Proven To Be Fake. Posted: 17 Mar 2018 08:26 AM PDT Fake emails telling users that they couldn't use PayPal for cryptocurrency trading were sent to many PayPal users. On March 16th 2018, these phishing emails were sent to many cryptocurrency users. These emails claim that trading cryptocurrencies is prohibited under PayPal's Acceptable Use Policy, and ask the user to stop using PayPal for cryptocurrencies. https://stopthefud.wordpress.com/2018/03/16/alert-paypal-phishing/ (Reddit wouldn't let me submit this as a link) [link] [comments] | ||
FORBES - Charts shows Bitcoin at 91,000 by 2020 Posted: 17 Mar 2018 01:01 PM PDT
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Super stoked about my first mainnet lightning transaction Posted: 18 Mar 2018 01:21 AM PDT I setup a lightning node this weekend using lnd 0.4 beta and successfully used it on mainnet.yalls.org to publish an "article". I did everything from scratch, meaning compiled the code and created my own docker container to run lnd. Lightning FTW! Looking forward to more time spent learning the nitty gritty of lightning. [link] [comments] | ||
Bitcoin Miners Can Now Be Charged Extra for Electricity, New York Power Authorities Say Posted: 17 Mar 2018 03:02 PM PDT
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Peter Thiel is a bitcoin maximalist Posted: 17 Mar 2018 05:19 PM PDT
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Mt. Gox Trustee Who Sold $400 Million Bitcoin Denies Affecting Market Price Posted: 17 Mar 2018 11:34 PM PDT
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[Good news!] After Christmas 1st time BTC dominance back to 44% again :) Posted: 17 Mar 2018 10:02 PM PDT
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Did you know that the current Bitcoin code is 77 thousand lines long? Posted: 17 Mar 2018 07:45 AM PDT 70 thousand lines from that are written in C++ programming language. The very first working version number 0.1.0 only consisted of 14 thousand lines of C++ code. This is a tiny project by modern standards. For example, Linux kernel code has over 15 million lines of code. [link] [comments] | ||
Withdrew funds from Coinbase and they have lost them. Posted: 17 Mar 2018 05:51 PM PDT As title says: withdrew my money and then it was "completed" and my bank turned round and said that no such thing had came near my account, rang coinbase and they passed it on to specialists as usual. Two weeks later I'm without response or my money. [link] [comments] | ||
MtGox trustee confirms he did not sell BTC at same time as moving them, also didn't affect price Posted: 17 Mar 2018 05:50 AM PDT There was an update over at mtgox.com today, the trustee announces he did not sell coins at the same time as moving them. He also says he sold them in a way which would not affect market price. There's been a lot of FUD about this over the last couple of weeks and its starting to look like it was all bullshit. Here's the link : https://www.mtgox.com/img/pdf/20180317_qa.pdf [link] [comments] | ||
Wall Street Firm Jane Street Capital includes Bitcoin in Traded Assets - $13 Billion Daily! Posted: 17 Mar 2018 03:24 PM PDT
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PSA: use a mobile wallet like Samourai or a desktop wallet like Electrum to avoid overpaying fees. Posted: 17 Mar 2018 10:39 PM PDT I picked a random recent tx, which has a fee of 862sat/byte. Here's another tx with a fee of 0.675 sat/byte. The first transaction is not unusual, so many people/exchanges are overpaying by 1000x what they need to (even if using the old "1" format addresses for the inputs, segwit reduces fees but not by that much!). At this time, 1 sat/byte is fine for almost all transactions. The latest Electrum wallet lets you manually set the fee easily to the level you like in sat/byte, and the Samourai mobile wallet does the same. So don't trust the fee estimating algorithms. They are difficult to implement and thus so far wildly innaccurate. Should blocks get full again and you need to adjust to higher fees, Earn has a good tool to quickly check what fee to use. [link] [comments] | ||
Defending bitcoin against state sponsored attacks - Andreas Antonopoulos Posted: 17 Mar 2018 10:33 AM PDT
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1 sat/byte transaction got it's first confirmation in 3 minutes. Posted: 17 Mar 2018 10:10 AM PDT And it was even coming from a non-segwit address. Granted, low transaction fees are old news, but I can't help but be excited to send almost $100 for .00000372 BTC. It's good to be in Bitcoin. [link] [comments] | ||
Posted: 17 Mar 2018 11:59 PM PDT BTCmarkets.net shows a candle that flashed down to AUD1k or so and returned to 10k in the same hour. Was there an error in the chart or did I just miss a big opportunity? [link] [comments] | ||
How I feel trying to HODL bitcoin lately... Posted: 17 Mar 2018 07:21 PM PDT
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F.U.N.D.A.M.E.N.T.A.L.S beat short-term sentiments. Posted: 18 Mar 2018 12:37 AM PDT Bitcoin and other cryptocoins will go massively up mid- to long-term because the long-term market and technical fundamentals are ever more solid and revolutionary. 2 examples: 1) More governments (US, France recently) are regulating crypto: not saying it should be banned but saying that abuses should be prevented and more importantly that they should not deter companies in the sector, let them move in another country and miss the boat. 2) Lightning Network now in production / main net: do you realize how a breakthrough this is??? It brings several orders of magnitude speed improvement AND much lower costs AND further decentralization AND the possibility of direct swaps with other coins. F.ast U.nstoppable N.etworked D.ecentralized A.ccessible M.assive E.xciting :) N.ew T.ransnational A.utonomous L.ow cost S.afe [link] [comments] | ||
Bitcoin payment solutions for merchants that really want Bitcoin Posted: 17 Mar 2018 01:56 PM PDT We are living in a world that is changing fast, but old habits and systems still hunt us and keep people minds in the same structures and old systems. In this environment, in the last years I was involved in quite some projects to help integrating Bitcoin payments into merchants web-shops, and all people I tried to help, they wanted a simple solution that meet the following requirements:
Many of these people start from the definition of Bitcoin from Satoshi's papers, that stated: Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. That's it, no need for more explanations, simple as it is. So here are some of the solutions I found, studied, tested. Maybe are more, maybe some are not available anymore, but I will enumerate them here so others can see them and decide for themselves. If you know others please post here in the same manner.
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this website changes the music and mood based if Bitcoin (and others) are bullish or bearish Posted: 17 Mar 2018 06:16 PM PDT | ||
Sad payment choices for "Bitcoin" Posted: 18 Mar 2018 02:01 AM PDT Recently tried buying a gift card on Gyft.com and apparently the only choices for payment with Bitcoin is with either Coinbase or BitPay. I don't have a Coinbase account and one is required to pay with Bitcoin. This makes NO sense. I already have a Bitcoin wallet, why am I forced to use Coinbase? Whatever, so I tried to sign up for a Coinbase account, and apparently they require a bunch of personal information including your phone number which there is no way in hell I'm giving anyone this private data. Screw Coinbase. So then I look at payment with BitPay and it's clearly Roger Ver Bitcoin Cash promoter, saying they are going to charge extra fees just for using real Bitcoin during a time when mining fees are at an all-time-low. What the hell is this? Why would they even list a scam like Bitcoin Cash along side Bitcoin? Do they not do any due diligence? Really disappointing. Am I the only one wondering what the hell happened to the promise of Bitcoin as payment without being managed by authorities? I feel like this whole experience is managed by BitPay and Coinbase. It sure doesn't take long for principles to get ignored in the quest for market share. But, I think there is an opportunity here for some player to come in and really expand the real Bitcoin ecosystem while these terrible systems using BitPay and Coinbase die off. I really think these systems are 100% antithetical to what Bitcoin is and why people are actually interested in it to begin with. As long as Coinbase and BitPay are the middlemen of payments, we the people lose. We really need to highlight parts of the economy that are amazing and true to autonomic authority-free payments, and continue to warn others against these pseudo-Bitcoin systems that are really just a bad version of Paypal or Apple Pay. I am really excited when businesses decide to accept Bitcoin payments, but most of the time it seems like principles and ethos and community are all ignored and the only reason they are accepting Bitcoin are for gimmicks and anti-consumer traps. /rant [link] [comments] |
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