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    Bitcoin Daily Discussion, March 28, 2018

    Bitcoin Daily Discussion, March 28, 2018


    Daily Discussion, March 28, 2018

    Posted: 28 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
      • the dip
      • the moon
      • price going up
      • price going down
      • technical analysis
      • price on your smart phone
      • price on your smart watch
    • Stuff you bought with Bitcoin
      • Hardware wallets
      • Lambos
      • Teslas
      • Pizza
    • Questions
      • Receiving Bitcoin
      • Sending Bitcoin
      • Earning Bitcoin
      • Storing Bitcoin
      • Buying Bitcoin
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    • That thing your coworker said
    • Bitcoin Showerthoughts
    • Random music videos
    • Bitcoin license plates
    • Interesting threads
    • Future speculation
    • News of the day
    • Memes, GIFs
    • Twitter links

    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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    Hal Finney, while paralyzed by ALS, wrote code for a bitcoin wallet using only his eyes

    Posted: 27 Mar 2018 03:53 PM PDT

    It's important to remember Bitcoin's roots, and the amazing effort from brilliant people, like Hal, who contributed to this new technology. If you're feeling down, this is an absolute must read. I have it saved, and read it every once in awhile, enjoy.

    "And of course the price gyrations of bitcoins are entertaining to me. I have skin in the game. But I came by my bitcoins through luck, with little credit to me. I lived through the crash of 2011. So I've seen it before. Easy come, easy go." - Hal Finney, March 19, 2013, 08:40:02 PM

    Bitcoin and me (Hal Finney)

    Copied from https://bitcointalk.org/index.php?topic=155054.0

    I thought I'd write about the last four years, an eventful time for Bitcoin and me.

    For those who don't know me, I'm Hal Finney. I got my start in crypto working on an early version of PGP, working closely with Phil Zimmermann. When Phil decided to start PGP Corporation, I was one of the first hires. I would work on PGP until my retirement. At the same time, I got involved with the Cypherpunks. I ran the first cryptographically based anonymous remailer, among other activities.

    Fast forward to late 2008 and the announcement of Bitcoin. I've noticed that cryptographic graybeards (I was in my mid 50's) tend to get cynical. I was more idealistic; I have always loved crypto, the mystery and the paradox of it.

    When Satoshi announced Bitcoin on the cryptography mailing list, he got a skeptical reception at best. Cryptographers have seen too many grand schemes by clueless noobs. They tend to have a knee jerk reaction.

    I was more positive. I had long been interested in cryptographic payment schemes. Plus I was lucky enough to meet and extensively correspond with both Wei Dai and Nick Szabo, generally acknowledged to have created ideas that would be realized with Bitcoin. I had made an attempt to create my own proof of work based currency, called RPOW. So I found Bitcoin facinating.

    When Satoshi announced the first release of the software, I grabbed it right away. I think I was the first person besides Satoshi to run bitcoin. I mined block 70-something, and I was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to me as a test. I carried on an email conversation with Satoshi over the next few days, mostly me reporting bugs and him fixing them.

    Today, Satoshi's true identity has become a mystery. But at the time, I thought I was dealing with a young man of Japanese ancestry who was very smart and sincere. I've had the good fortune to know many brilliant people over the course of my life, so I recognize the signs.

    After a few days, bitcoin was running pretty stably, so I left it running. Those were the days when difficulty was 1, and you could find blocks with a CPU, not even a GPU. I mined several blocks over the next days. But I turned it off because it made my computer run hot, and the fan noise bothered me. In retrospect, I wish I had kept it up longer, but on the other hand I was extraordinarily lucky to be there at the beginning. It's one of those glass half full half empty things.

    The next I heard of Bitcoin was late 2010, when I was surprised to find that it was not only still going, bitcoins actually had monetary value. I dusted off my old wallet, and was relieved to discover that my bitcoins were still there. As the price climbed up to real money, I transferred the coins into an offline wallet, where hopefully they'll be worth something to my heirs.

    Speaking of heirs, I got a surprise in 2009, when I was suddenly diagnosed with a fatal disease. I was in the best shape of my life at the start of that year, I'd lost a lot of weight and taken up distance running. I'd run several half marathons, and I was starting to train for a full marathon. I worked my way up to 20+ mile runs, and I thought I was all set. That's when everything went wrong.

    My body began to fail. I slurred my speech, lost strength in my hands, and my legs were slow to recover. In August, 2009, I was given the diagnosis of ALS, also called Lou Gehrig's disease, after the famous baseball player who got it.

    ALS is a disease that kills moter neurons, which carry signals from the brain to the muscles. It causes first weakness, then gradually increasing paralysis. It is usually fatal in 2 to 5 years. My symptoms were mild at first and I continued to work, but fatigue and voice problems forced me to retire in early 2011. Since then the disease has continued its inexorable progression.

    Today, I am essentially paralyzed. I am fed through a tube, and my breathing is assisted through another tube. I operate the computer using a commercial eyetracker system. It also has a speech synthesizer, so this is my voice now. I spend all day in my power wheelchair. I worked up an interface using an arduino so that I can adjust my wheelchair's position using my eyes.

    It has been an adjustment, but my life is not too bad. I can still read, listen to music, and watch TV and movies. I recently discovered that I can even write code. It's very slow, probably 50 times slower than I was before. But I still love programming and it gives me goals. Currently I'm working on something Mike Hearn suggested, using the security features of modern processors, designed to support "Trusted Computing", to harden Bitcoin wallets. It's almost ready to release. I just have to do the documentation.

    And of course the price gyrations of bitcoins are entertaining to me. I have skin in the game. But I came by my bitcoins through luck, with little credit to me. I lived through the crash of 2011. So I've seen it before. Easy come, easy go.

    That's my story. I'm pretty lucky overall. Even with the ALS, my life is very satisfying. But my life expectancy is limited. Those discussions about inheriting your bitcoins are of more than academic interest. My bitcoins are stored in our safe deposit box, and my son and daughter are tech savvy. I think they're safe enough. I'm comfortable with my legacy. [edited slightly] - Hal Finney

    submitted by /u/Sk33tshot
    [link] [comments]

    Regulators & bankers in a few years: "the Lightning Network is not interesting, although the Hashed Time-Lock Contract technology has a great potential"

    Posted: 27 Mar 2018 03:51 PM PDT

    Bitcoin Miner’s Daughter

    Posted: 27 Mar 2018 07:56 PM PDT

    newegg.ca now accepts bitcoin!

    Posted: 27 Mar 2018 06:58 PM PDT

    Day 6 LApp: Ifpaytt Brings Lightning Micropayments to IFTTT

    Posted: 27 Mar 2018 12:40 PM PDT

    1000 lightning network nodes on mainnet!

    Posted: 28 Mar 2018 12:40 AM PDT

    A BIG Bitcoin Billboard in Downtown Toronto looks great!

    Posted: 27 Mar 2018 12:14 PM PDT

    Cobra outs himself

    Posted: 27 Mar 2018 05:44 PM PDT

    A Look At Blockstream's Lightning Charge Applications

    Posted: 27 Mar 2018 01:52 PM PDT

    Breaking news ! BTC offered as main coin in a new crypto native app called CXSouq based in Dubai. App have also secured chat messaging, a nice feature to deter user to be bored. Seems the app creators understand BTC long term potential.

    Posted: 28 Mar 2018 02:36 AM PDT

    21% of students surveyed admit to spending financial aid money to buy cryptos

    Posted: 27 Mar 2018 06:14 AM PDT

    BTC Bitcoin Simpsonian Analysis March 28 - Is a Lisa Retracement Imminent?

    Posted: 28 Mar 2018 01:31 AM PDT

    My wife and I bought Bitcoin for our 2 year old daughter. [Excited]

    Posted: 27 Mar 2018 09:29 AM PDT

    We used the child tax credit we got from our return and purchased a safe, ledger, and some bitcoin, as a starter investment for her future.

    submitted by /u/opencoins
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    21.2% of students surveyed have admitted to using student loans to invest in crypto.

    Posted: 28 Mar 2018 01:09 AM PDT

    cex.io verification: highly questionable ethics

    Posted: 27 Mar 2018 10:57 PM PDT

    Hello all,

    I primarily use Binance to trade and had signed up for a cex.io account a few weeks back and decided to go ahead and go through the verification process today, as I was interested in giving it a spin in the near future.

    I went through their form and supplied the following pieces of vital personally-identifying information (in no particular order):

    • Full name,
    • Residential address,
    • Driver license number,
    • Social security number,
    • Birth date,
    • Photo of driver license,
    • Selfie holding driver license, and
    • Copy of electric bill.

    It wasn't until AFTER I had supplied all this information that I received the notification that "Unfortunately, at the moment we are not able to provide services for users residing in <MY STATE>." (Yes, I reside in the US.)

    I have contacted customer support (ticket 719351) and expressed just what a grave concern this is for me, and received a boilerplate response more or less repeating the same "we're sorry, but...."

    Yes, cex.io, I realize that you're "very sorry" for collecting my personal information AND THEN telling me that you cannot verify me. I don't care. You have something of mine that I WOULD NOT GIVE had I known BEFOREHAND that I would just be told that you cannot verify me.

    My next move is to take this to /r/legaladviceuk, but I thought I should make the crypto community aware of this practice first.

    I also see that /u/CEX_IO has a representative here so I would be very interested to see what they have to say about this.

    Seriously, cex.io, what in the world made you think that this is good design?

    submitted by /u/hexadecagram
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    BLS Multi-Signatures With Public-Key Aggregation - Dan Boneh (March 24, 2018)

    Posted: 28 Mar 2018 02:01 AM PDT

    Blockchain will do to banking what internet did to media

    Posted: 27 Mar 2018 09:35 PM PDT

    What would be the future for banks? Blockchain technology can be used to give access to financial services to billions of people around the world. Bitcoin allows anyone to send money across borders almost instantly and with little fees. How do you see the future for Banks?

    submitted by /u/MovieChain_Xender
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    Bithumb To Support Crypto Payments At 6,000 South Korean Stores

    Posted: 27 Mar 2018 12:48 PM PDT

    Bringing Bitcoin (Lightning supported!) to Streamers With CoinTippy

    Posted: 27 Mar 2018 10:52 AM PDT

    Poll: Two-Fifths of South Korean Millennials Keen to Invest in Bitcoin

    Posted: 27 Mar 2018 08:43 PM PDT

    On a scale of 1 to 10 how hard/easy is it for a layman to use bitcoin to buy bread and coffee?

    Posted: 27 Mar 2018 10:45 PM PDT

    Along with every gadget that is required for the transaction

    submitted by /u/Alt_Center_0
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    Bitrefill's node now has over 1 bitcoin of capacity on lightning. ⚡️

    Posted: 27 Mar 2018 08:55 AM PDT

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