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    Bitcoin Daily Discussion, March 30, 2018

    Bitcoin Daily Discussion, March 30, 2018


    Daily Discussion, March 30, 2018

    Posted: 30 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

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    • Wallet/Exchange/Network
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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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    Dimitri understands it! You too?

    Posted: 29 Mar 2018 05:27 PM PDT

    [Chill out] That guy who doesn't understand bitcoin

    Posted: 29 Mar 2018 06:16 AM PDT

    My prediction for Bitcoin. Based on only facts.

    Posted: 29 Mar 2018 09:24 PM PDT

    The last three times bitcoin dipped, I had constipation. But each time, when the constipation was finally resolved with painful shitting that left a bloody asshole, bitcoin rose back up.

    I believe there is a correlation.

    This morning, I took a dump with a bloody asshole. Mark my words, buy now, because bitcoin is going back up.

    If you don't believe me, you don't believe in logic.

    submitted by /u/seaofwords
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    Bitcoin is stronger now than it was when it was at ATH

    Posted: 29 Mar 2018 01:33 PM PDT

    Two words; Zoom out. A year ago, the price was hovering over $1000. We bubbled. We rose far too quickly. That kind of rise isn't sustainable.

    Lightning network is now on mainnet and is improving as each day goes by.

    Sure, the bubble has popped and yes we could see even lower prices, but realise that this digital asset has already died 100 deaths, and only comes back battle-hardened each time.

    The real MVP's are the ones with their heads in code, and others that continue to support the network.

    Price is a huge indicator, I get it but I believe that in years to come, all this misery, fud and despair will be looked at with regret, regret that these prices weren't taken advantage off.

    We've been here before, we'll no doubt go here again, but bitcoin is anti-fragile.

    There are lots of extremely influential people, family offices, hedge funds and many more invested in this. There are whales out there ready to munch your coins, getting ready for the next pump. I can't tell you when that will happen, but if history is anything to go by, it will happen when you least expect it.

    Stay strong, stay positive, and ask yourself why you got involved in this technology in the first place. If it's for short term gains, you've failed to understand the plan.

    submitted by /u/BrainDamageLDN
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    South Koreans Will Be Able to Pay in Cryptocurrency at Over 6,000 Stores

    Posted: 29 Mar 2018 07:31 PM PDT

    Please don’t get offended.

    Posted: 29 Mar 2018 10:49 PM PDT

    • Today bitcoin died (In terms of 2018)
    • Tomorrow bitcoin will be dead
    • Sunday bitcoin will rise again.
    • Monday we form a new religion called cryptochristianity and the government will have to violate our constitutional rights if they ever want to ban bitcoin.

    Edit: We don't have to pay Taxes as a religion.

    submitted by /u/CripToeGuy
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    Germany joins Russia to accept bitcoin as a mode of payment. Clear signs of good days ahead

    Posted: 29 Mar 2018 03:51 PM PDT

    Long-term Bitcoin Hodling is a Good Strategy, says Wall Street Analyst

    Posted: 29 Mar 2018 06:22 PM PDT

    Intel Wants to Patent a Bitcoin Mining Hardware 'Accelerator'

    Posted: 29 Mar 2018 04:30 PM PDT

    Me looking at my what is left in my portfolio today

    Posted: 29 Mar 2018 08:35 AM PDT

    The Federal Reserve - silently robbing you of your purchasing power ever since 1913...

    Posted: 29 Mar 2018 07:57 AM PDT

    History repeats itself

    Posted: 29 Mar 2018 11:20 AM PDT

    I was searching for old threads on r/bitcoin by typing « dead » or « bear » in the search bar. I found that, during the 2014 bear market, the conversations were exactly the same as today.

    Some were saying : « it's great, I can buy more », others were saying « it will never pass the 400$ again, hodling is a bad strategy ». Of course, in the end, we all know who were right.

    I even found people saying : « now everyone is here to get rich, we shouldn't pay to much attention to the price and focus on the technology » ... and this was in 2014 !

    Funny how history repeats itself (or rather human behavior)

    (Sorry for bad english)

    submitted by /u/Millky_Way
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    CIBC bank closes down my account for trading bitcoin

    Posted: 29 Mar 2018 11:23 PM PDT

    Let me start off by introducing my small business. I day trade on the well known exchange, localbitcoins. Today I recieved a call from cibc saying that my 2 week old account has been having ALOT of cash in and out flow. They asked me why this was so. (I'm a student, so they were confused on how this kid is having daily 5k+ in and out from the bank). I just told them the truth. I was trading btc. The lady on phone said okay and she said my account will be unblocked in a few hours.

    15 mins later, I recieve another call from CIBC (same lady) stating that after she discussed with her colleagues, my account will be closed down and I will have to exit the bank and find a new financial institution. I was like WTF. I had about 3k sitting in my account and I asked if I could withdraw it. They said not at the moment until further investigation. She kept throwing around the word "fraud" like I was doing some fucking drug deal or crime.

    So basically. My account is suspended and waiting to be closed . And I can't even withdraw my money.

    FUCK YOU CIBC.

    thanks for reading

    submitted by /u/yushey1
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    Bitcoin ATMs are now in the Toronto Subway System

    Posted: 29 Mar 2018 10:44 AM PDT

    This sockpuppet account is run by bitcoin.com "journalist" Jamie Redman. Paid for by Roger Ver. Time to shut down bitcoin.com for good?

    Posted: 29 Mar 2018 05:49 AM PDT

    Roger Ver's lecture on how to launch an attack on Bitcoin

    Posted: 30 Mar 2018 02:07 AM PDT

    Price may be crashing but fees are lowest they have ever been - 127 BTC sent for .40 cents, 1st confirmation in 12 mins.

    Posted: 29 Mar 2018 09:19 PM PDT

    https://live.blockcypher.com/btc/tx/c564307a00bc88fe3229dbc813ab7c5a8898c7c0249cb50383a357f5234f7d5a/

    At least there is that

    Hoping we bottom around 3k and can start climb back up

    Going 5k to 20 in less than 2 months was an overshoot so now we are probably going to overcorrect below 5k

    That is just how things go, look at Nasdaq crash of 2001

    This is a little different, more global, easier onramps and limited supply so I don't think it will take that many years to get back to ATH or at the least close to it.

    submitted by /u/GeorgeWyah
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    Retail Giant Newegg Expands Bitcoin Payments to Canada

    Posted: 29 Mar 2018 10:17 PM PDT

    First beta of LightningTip (for websites)

    Posted: 29 Mar 2018 11:58 AM PDT

    If you want to see more restaurants accepting Bitcoin, we should support projects like this.

    Posted: 30 Mar 2018 03:21 AM PDT

    Bitcoin is clearly dead ...

    Posted: 30 Mar 2018 02:05 AM PDT

    March 2010: $0.003

    March 2011: $1

    March 2012: $5

    March 2013: $80

    March 2014: $600

    March 2015: $250

    March 2016: $400

    March 2017: $950

    March 2018: $8,000

    What will be price in March 2019 ?

    submitted by /u/successtraining
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    Interesting quote by Thomas Jefferson

    Posted: 29 Mar 2018 12:04 PM PDT

    "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." Thomas Jefferson

    submitted by /u/olenbarus12
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    Bitcoin Breaks Below $7K to Fall to 50 Day Low

    Posted: 30 Mar 2018 02:38 AM PDT

    When you HODL hard !

    Posted: 29 Mar 2018 02:13 PM PDT

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