Bitcoin Daily Discussion, March 26, 2018 |
- Daily Discussion, March 26, 2018
- ⚡ Hackers tried to steal funds from a Lightning channel, just to end up losing theirs as the penalty system worked as expected
- You’re still up over 250% if you listened to “Bitcoin Sign Guy” <-- Shows how far we have come from last year
- "Worry not! Cash is as valuable as you believe it is!" Our latest satirical propaganda-style art; thought you all would enjoy seeing it!
- Send $10,000 for 1 Cent: Bitcoin Transaction Fees Hit 'Unfairly Cheap' Levels
- I sent 0.3 BTC with a fee of 0.00005 BTC, got confirmed within 4 minutes. (Both Segwit Wallets).
- 92% of Millennials Don't Trust Banks
- TIL You can permanently close somebodies citibank account with a small transaction that mentions bitcoin :-)
- Peter Theil on why the growth of cyptocurrencies is not the same as the dotcom bubble
- French Finance Minister Reverses Course, Turns Bullish on Cryptocurrencies
- Analyst who predicted bitcoin’s rise now sees it hitting $300,000-$400,000
- This cryptocurrency miner is growing 'cryptomatoes' using excess heat from his computer setup
- BTC.COM has 31% of Hashrate on the network right now
- Paypercall Shows the Full Power of Lightning Charge
- Use bitcoin to hedge fears of losses during a trade war: Bitcoin bull Brian Kelly on CNBC
- The 4th LApp - paypercall !!!
- These cryptic artworks hide a Bitcoin fortune - all you have to do is decode them.
- Tomorrow, March 26, the shit hits the fan for the US Dollar. Look for a bump in BTC adoption as a store of value
- I created a site for people to find their closest Bitcoin ATM in Australia
- Bitcoin is digital gold and the LightningNetwork uses cryptographically secured and trustless “IOU’s” as a medium of exchange backed by bitcoin, for efficiency. Like when paper money was backed by gold in 1844. But this time no one can suddenly take the gold away.
- I think Halong Mining is a scam – Cøbra – Medium
- 8 months after enforcing segwit by UASF, every third trx is segwit now. Well done!
- Bitcoin transaction fees are at the lowest levels since May 2017.
- Opinion: Despite Recent Woes, Bitcoin Could Hit $30,000 This Year
- Lightning network usability - Being always online ?
| Daily Discussion, March 26, 2018 Posted: 26 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: 25 Mar 2018 06:10 PM PDT
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| Posted: 25 Mar 2018 09:51 AM PDT
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| Posted: 25 Mar 2018 05:05 PM PDT
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| Send $10,000 for 1 Cent: Bitcoin Transaction Fees Hit 'Unfairly Cheap' Levels Posted: 25 Mar 2018 09:51 PM PDT
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| I sent 0.3 BTC with a fee of 0.00005 BTC, got confirmed within 4 minutes. (Both Segwit Wallets). Posted: 25 Mar 2018 08:15 PM PDT I think $0.4 fee for a $2580 transaction is pretty cheap. Can't wait for Lightning Network to go mainstream. Or if it is mainstream, can someone link me to the proper sources. Thanks! [link] [comments]  | ||
| 92% of Millennials Don't Trust Banks Posted: 26 Mar 2018 01:58 AM PDT
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| Posted: 25 Mar 2018 10:03 AM PDT Got the idea here: https://www.reddit.com/r/Bitcoin/comments/861bpk/citibank_closed_my_account_after_32_years/ Let's close everybodies accounts by sending random strangers money. lol [link] [comments]  | ||
| Peter Theil on why the growth of cyptocurrencies is not the same as the dotcom bubble Posted: 25 Mar 2018 07:02 PM PDT Pretty interesting. He says that since institutions are still not involved its growth so far is very different than when we had the huge growth in the dotcom bubble. Seems to me he is saying its much more organic ie pushed by the people than by people trying to make money from you. What do you guys think? [link] [comments]  | ||
| French Finance Minister Reverses Course, Turns Bullish on Cryptocurrencies Posted: 25 Mar 2018 09:13 PM PDT
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| Analyst who predicted bitcoin’s rise now sees it hitting $300,000-$400,000 Posted: 26 Mar 2018 02:34 AM PDT
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| This cryptocurrency miner is growing 'cryptomatoes' using excess heat from his computer setup Posted: 25 Mar 2018 03:45 PM PDT
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| BTC.COM has 31% of Hashrate on the network right now Posted: 25 Mar 2018 10:30 PM PDT As I am writing this BTC.com has 31% of Hashrate https://coin.dance/blocks/today (screenshot: https://imgur.com/mNHeTnv) Why is this centralisation not concerning anyone? I saw so many people propose PoW change and get attacked by community leaders. Is anyone at least considering the option? I'd love to hear what alternatives we have in case if we must do it and what effect it could have on security. I agree that Bitcoin is now really secure, but such centralisation concerns me. EDIT: Combined with viaBTC and Antpool (allegedly ran by the same individuals) they currently have 50,7% [link] [comments]  | ||
| Paypercall Shows the Full Power of Lightning Charge Posted: 25 Mar 2018 11:13 AM PDT
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| Use bitcoin to hedge fears of losses during a trade war: Bitcoin bull Brian Kelly on CNBC Posted: 26 Mar 2018 02:46 AM PDT
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| Posted: 25 Mar 2018 11:43 AM PDT
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| These cryptic artworks hide a Bitcoin fortune - all you have to do is decode them. Posted: 25 Mar 2018 10:34 PM PDT
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| Posted: 25 Mar 2018 03:35 PM PDT
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| I created a site for people to find their closest Bitcoin ATM in Australia Posted: 25 Mar 2018 08:32 PM PDT
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| Posted: 25 Mar 2018 05:21 AM PDT Edit: Yikes, this blew up a little and I'm being hit from all angles about why I'm wrong. I probably shouldn't have used the term "IOU" cause it insinuates debt, as well as there being counter party risk. My point is that it's like having the most trusted and secure IOU in the world, because it's not backed by promise of the other person, it's backed by cryptography, so you can claim your money at any time, or you can continue to pass it on to the next person without any risk. So in that sense, it is similar to an IOU, but it's trustless. I really liked this analogy and I was hoping this would just be an easy way for people to understand but I was wrong. Edit 2: I think a better word would have been "promise". LN is like exchanging trustless and secure promises of funds, which carry no risk, unlike when paper money was a promise to the equivalent value in gold and the promise was broken. I hope that clears up my thinking a little. [link] [comments]  | ||
| I think Halong Mining is a scam – Cøbra – Medium Posted: 25 Mar 2018 10:31 PM PDT
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| 8 months after enforcing segwit by UASF, every third trx is segwit now. Well done! Posted: 26 Mar 2018 03:26 AM PDT | ||
| Bitcoin transaction fees are at the lowest levels since May 2017. Posted: 25 Mar 2018 11:41 PM PDT It goes without saying SegWit scaling is beginning to stabilise prices and reduce confirmation times. All major exchanges for the most part have adopted SegWit, which has helped dramatically. Coinbase traffic is down 49% in February. Kraken is reportedly down 56%. [link] [comments]  | ||
| Opinion: Despite Recent Woes, Bitcoin Could Hit $30,000 This Year Posted: 25 Mar 2018 05:58 PM PDT
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| Lightning network usability - Being always online ? Posted: 26 Mar 2018 01:13 AM PDT In lightning network, if you are not online to defend your funds, you can lose your money. Reference:
How are common users supposed to transact funds without trusting a third party ? Even something like SPV wallets in bitcoin would be good (without sharing private keys) ! I don't want to send money/private keys to lightning node owned by an exchange and spawn a centralized system. Are there ways to have a mobile/desktop wallet than isn't always online ? [link] [comments]  |
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