Bitcoin Daily Discussion, May 31, 2018 |
- Daily Discussion, May 31, 2018
- BitMEX Research: Bitcoin Economics – Deflationary Debt Spiral (Part 3) - Bitcoin is resilient against some traditional disadvantages of deflation. Bitcoin has weaknesses, often overlooked by critics, which make the controversial supply cap necessary. (New PDF Report)
- Bitcoin these days
- I run a small law office -- had my first Bitcoin paying client today.
- I'm finally out and able to buy my lambo
- Venezuela is banning anything that can be used to mine crypto at the border. Enormous financial crisis and they choose to ban crypto. This is the front of the revolution right now
- Why crypto wins
- Exploring Lightning Network Routing
- China is getting friendlier towards crypto. The market is getting greener amid the news.
- Hayek predicts Bitcoin
- *Looks at portfolio* I'm still getting that Lambo... There must be a way... Aha!
- Bitcoin is distinct from all the centrally controlled securities (ETH, ICO's and many other alts). Satoshi's wisdom was not only in its creation but also in stepping back. Lack of central authority is why Bitcoin endures. Nobody to pay for marketing campaigns is a feature.
- I'm tellin' ya-#Bitcoin is going through capitulation. The moment *everyone* is exhausted from the ~7k to 9k, ~9k to ~7k, & completely over it-that's the moment it will break ATH. At the end of the day, all prices aside, $BTC is changing the world we live in. And that's exciting
- The Russia World Cup Could Be About To Boost The Bitcoin Price
- Asus' New Crypto Mining Motherboard Has Space for 20 GPUs
- Don't be a Euro "bagholder", the failed experiment is coming to an end.
- I like writing newbie guides and articles the most (Like this one; The different types of cryptocurrencies) as I feel like there are plenty already out there but are sometimes google isn't all that helpful, so the more the better for people who are still learning.
- The amount of hate we are getting over in /r/technology by people who don't understand the reason for sound and decentralized money only makes me more bullish for when the realize they actually need it.
- Just launched a bitcoin tx accelerator - always free - available 24/7
- Want a Bitcoin Vinyl Decal? $3 each
- Ultra Secure Xapo Wallet Adds Segwit Support
- Circle Invest’s “Buy The Market” Option
- Bitcoin Remains the Best Performing Currency: Up 700% Since January 1, 2017
- China’s President Xi Says Blockchain Part of New ‘Technological Revolution
- My old dad paid for a haircut in Spain with Bitcoin today!
| Daily Discussion, May 31, 2018 Posted: 31 May 2018 02:00 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: 30 May 2018 10:22 PM PDT | ||
| Posted: 30 May 2018 10:49 PM PDT
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| I run a small law office -- had my first Bitcoin paying client today. Posted: 30 May 2018 06:22 PM PDT I run a small law practice. I do mostly Estate Planning (wills, trusts, & probate) and Evictions (oddball side of the practice that grew out of the probate side but is now about 35% of my business). At the end of most client meetings I ask: "How do you want to pay me?" Clients will often reply: "What will you take?" I always answer (in a light-hearted way): "I'm a lawyer, I'll take anything...cash, check, card... I'll even take BitCoin." (This gets a chuckle out of most clients). I've been doing this line for years.... never gotten a taker. Years! Today, the client said: "You take bitcoin?" And after printing my public key QR code, client transferred fee via bitcoin. Took about 30 seconds to show up as pending, that was good enough for me. We finished up meeting and client left office. I hope client "spends and replaces" because that might become my largest fee I've ever gotten in 10 years, but in the meantime, I'm just happy to put it to real use! KEEP USING BITCOIN FOLKS. JUST REMEMBER TO REPLACE! [link] [comments]  | ||
| I'm finally out and able to buy my lambo Posted: 31 May 2018 12:30 AM PDT | ||
| Posted: 30 May 2018 03:40 PM PDT
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| Posted: 31 May 2018 01:06 AM PDT So the other day I was helping a friend learn about bitcoin because he wanted to play online poker. I explained he needed to open a gemini account and link his bank. He was exited. Went through the steps. Then got a notice that the bank account number was wrong. He goes down to the bank and they tell him they don't put account numbers on outgoing wire transfers. So now he's out the $100 for 3-5 days while his money sits in banking limbo. Oh and they charged him $30 on top of the $100 so that he has the luxury to have his money frozen for a while. He still can't get registered with gemini and all he wanted to do was deposit $50 into an online poker site for a little fun. So finally he gives me $100 cash. I give him the bitcoin on his phone standing next to him. Done and done in under 10 seconds. A few minutes later the $100 worth of BTC was worth $102. Frictionless. Easy. Fast. No hassle. No forms to fill out. Etc. Banks and traditional systems are simply archaic by comparison when it comes to simply moving money electronically. I can't imagine any kids growing up today will look fondly at the slow, inefficient, and intrusive banking system and then compare that to cryptocurrnecies and feel that traditional banking systems are anything but old fashioned dinosaurs like rotary phones and paying for long distance compared to smartphones w/ Skype. Banks simply cost more and do less with greater hassle. [link] [comments]  | ||
| Exploring Lightning Network Routing Posted: 30 May 2018 12:27 PM PDT
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| China is getting friendlier towards crypto. The market is getting greener amid the news. Posted: 30 May 2018 10:30 PM PDT Crypto market has demonstrated an increasing in prices amid a significant change in opinion from eastern countries that could alter the future course of the cryptocurrency. The bump in price happened right after China's president Xi Jinping endorsed the potential that blockchain technology has to global economies. 💬"Ever since the start of the 21st century, a new generation of industrial revolution is substantially reshaping the global economic structure with artificial intelligence, internet of things and blockchain constantly making application breakthroughs," – he said in his speech. The Chinese president went on to say he will open national laboratories to research and develop blockchain infrastructure to better prepare the nation for the future. China has the strictest regulation and control over cryptocurrencies but the recent endorsement from the President highlights a shift in opinion. But if China begins to adopt blockchain technology into their economic infrastructure, the boost to bitcoin sales in the east may drive BTC to new heights! [link] [comments]  | ||
| Posted: 30 May 2018 12:55 PM PDT
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| *Looks at portfolio* I'm still getting that Lambo... There must be a way... Aha! Posted: 31 May 2018 02:35 AM PDT
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| Posted: 30 May 2018 05:52 AM PDT
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| Posted: 30 May 2018 09:11 AM PDT
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| The Russia World Cup Could Be About To Boost The Bitcoin Price Posted: 31 May 2018 02:10 AM PDT
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| Asus' New Crypto Mining Motherboard Has Space for 20 GPUs Posted: 31 May 2018 01:18 AM PDT
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| Don't be a Euro "bagholder", the failed experiment is coming to an end. Posted: 30 May 2018 06:46 PM PDT
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| Posted: 31 May 2018 01:11 AM PDT
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| Posted: 30 May 2018 03:33 PM PDT | ||
| Just launched a bitcoin tx accelerator - always free - available 24/7 Posted: 30 May 2018 09:00 PM PDT
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| Want a Bitcoin Vinyl Decal? $3 each Posted: 31 May 2018 01:06 AM PDT No sure if this is allowed, but I just bought a vinyl cutter and though this is a good opportunity to spread the awareness for Bitcoin. I am selling vinyl decals that could be placed on any smooth hard surface such as windows, vehicles, laptops, coffee mugs, Nalgene bottles, etc. These are printed on high quality Oracal 651 vinyl. These decals measures approximately 3.5 inches in diameter. Selling for $3 each. PM me if interested. Thanks you. [link] [comments]  | ||
| Ultra Secure Xapo Wallet Adds Segwit Support Posted: 31 May 2018 01:41 AM PDT
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| Circle Invest’s “Buy The Market” Option Posted: 31 May 2018 12:08 AM PDT
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| Bitcoin Remains the Best Performing Currency: Up 700% Since January 1, 2017 Posted: 30 May 2018 12:52 PM PDT
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| China’s President Xi Says Blockchain Part of New ‘Technological Revolution Posted: 30 May 2018 06:08 AM PDT
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| My old dad paid for a haircut in Spain with Bitcoin today! Posted: 30 May 2018 06:12 AM PDT My old dad (he's 89) got a haircut in Marbella Spain today and paid for it with bitcoin, using his phone! Here's the notice for Bitcoin in the shop Here he is actually getting his haircut The fee was 18 Euros or 0.00280666 Btc. She produced a QR code on her phone and he read it with his and paid her. She said she had had the Bitcoin notice up for two years and it was the first time she'd used it! [link] [comments]  |
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