Bitcoin Daily Discussion, April 04, 2018

Daily Discussion, April 04, 2018
Bitcoin is Now Listed as the Norm in the Business Section
I'm Mark Karpelès, ex-CEO of bankrupt MtGox. Ask me anything.
...That moment when you're flying back home and it appears in the inflight mag. Hail to the captain. ��
HBO's Silicon Valley Season 5 opener shows Coinbase building.
Fake Satoshi double owned: "I wrote the lightning network paper and I didn't understand a word of your presentation"
Crypto Resources Megalist V3
MAST: BIP to reduce transaction size, improve privacy, enable smart contracts on Bitcoin blockchain
There is now ~$10 billion USD sent using bitcoin daily. Anyone doubting bitcoin's role as a medium of exchange is clearly not looking at the data.
JPMorgan failed 175 times trying to patent their own version of blockchain tech
A key factor to BTC’s mass adoption is being able to use it for everyday purchases. We’re closer to that day then most people think. This article shows just a few ways to spend BTC today that you may not have heard about.
saw Bitcoin in the wild today [kiosk at the mall]
What do you think about my Icons? (available for free)
BTC in netflix serie The Blacklist
Bitcoin ATM found in a headshop Cheltenham, PA
Florida Realtors Magazine: What you need to know when using cryptocurrency to purchase a home
Roger Ver vs Samson Mow [FULL VIDEO]
Spotted this in my home town in Michigan
This is 5meg of hard drive in 1956 price 50k, IBM sold a thousand of it! So now think about mining BitAnt etc, what do you think would be the future of Bitcoin mining in 15 years?
Why doesn't the blockchain.info (that it was once de N1 bitcoin webwallet) still not implemented SegWit or bech32 addresses?
Go anywhere on Bitcoin! New Crypto only travel agency launched!
Just founded a LN channel in 2 blocks with $0.01 fee.
Pure comedy on Twitter with @CobraBitcoin feat. Satoshi himself

Daily Discussion, April 04, 2018

Posted: 04 Apr 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
- Selling Bitcoin
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
[link] [comments]

Bitcoin is Now Listed as the Norm in the Business Section

Posted: 03 Apr 2018 09:15 AM PDT

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

I'm Mark Karpelès, ex-CEO of bankrupt MtGox. Ask me anything.

Posted: 04 Apr 2018 02:40 AM PDT

Dear community,

Many of you know or remember me, especially recently since the MtGox bankruptcy has been allegedly linked with Bitcoin price drops in December 2017 to February 2018. Since taking over the most active Bitcoin exchange in 2011, I ran MtGox until filing for civil rehabilitation on February 28th 2014 (which became bankruptcy less than 2 months later) because a large amount of Bitcoins went missing. Since then, four years have passed, and MtGox is still in bankruptcy today. I've been arrested, released under bail after a little less than one year, and am now trying to assist MtGox getting into civil rehabilitation.

I did my best trying to grow the ecosystem by running the biggest exchange at the time. It had big problems but still managed to hang in there. For a while. A quite long while, even, while the rest of the ecosystem caught up. At the end of the day, the methods I chose to try to get MtGox out of its trouble ended up being insufficient, insufficiently executed, or plain wrong.

I know I didn't handle the last, stressful days of the outdrawn and painful Gox collapse very well. I can only be humble about that in hindsight. Once again, I'm sorry.

Japanese bankruptcy law has a particularly nasty outcome here, and I want to address this up front. As creditors claims were registered, those claims were registered in the valuation of Japanese Yen on the bankruptcy date. That's the only way Japanese bankruptcy law can work (most bankruptcy laws around the world operate this way for that matter). This means that the claims can be paid back in full, and there will still be over 160,000 bitcoin and bitcoin cash in assets in the Gox estate. The way bankruptcy law works is that if there are any assets remaining after the creditors have been paid in full, then those assets are distributed to shareholders as part of the liquidation.

That's the only way any bankruptcy law can reasonably work. And yet, in this case, it produces an egregiously distasteful outcome in that the shareholders of MtGox would walk away with the value of over 160,000 bitcoin as a result of what happened.

I don't want this. I don't want this billion dollars. From day one I never expected to receive anything from this bankruptcy. The fact that today this is a possibility is an aberration and I believe it is my responsibility to make sure it doesn't happen. One of the ways to do this would be civil rehabilitation, and as it seems most creditors agree with this, I am doing my best to help make it happen. I do not want to become instantly rich. I do not ask for forgiveness. I just want to see this end as soon as possible with everyone receiving their share of what they had on MtGox so everyone, myself included, can get some closure.

I'm an engineer at heart. I want to build things. I like seeing what I build being useful, and people being happy using what I build. My drive, from day one, has been to push the limits of what is technically possible, and this is the main reason I liked and have been involved with Bitcoin in the first place. When I took over MtGox, I never imagined things would end this way and I am forever sorry for everything that's taken place and all the effect it had on everyone involved.

Hopefully, I can make what I've learned in this experience useful to the community as a whole, so there can at least be something positive in the end.

Ask me anything you like.

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

...That moment when you're flying back home and it appears in the inflight mag. Hail to the captain. ��

Posted: 03 Apr 2018 10:40 PM PDT