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    Bitcoin Daily Discussion, June 26, 2018

    June 26, 2018

    Bitcoin Daily Discussion, June 26, 2018

    Daily Discussion, June 26, 2018

    Posted: 26 Jun 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.

    We have a couple chat rooms now. Come say hello.

    Please check the previous discussion thread for unanswered questions.

    submitted by /u/rBitcoinMod
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    Whales trying to shake me out, jokes on them

    Posted: 25 Jun 2018 06:19 AM PDT

    VC Firm Andreessen Horowitz Launches $300 Million Bitcoin and Cryptocurrency Fund

    Posted: 25 Jun 2018 04:06 PM PDT

    Dutch Banking Giant ING Research Shows Bitcoin Interest will Double Soon

    Posted: 25 Jun 2018 08:58 PM PDT

    The Lightning Network ⚡ will revolutionize a revolution

    Posted: 25 Jun 2018 11:41 PM PDT

    CoinGate will be the first Bitcoin processor to implement Lightning for merchants on July 1

    Posted: 25 Jun 2018 04:52 PM PDT

    Andreessen Horowitz Has Launched a $300 Million Crypto Fund

    Posted: 26 Jun 2018 12:45 AM PDT

    Buy a bottle of coke.... trade some bitcoin.... grab a newspaper.... it’s casual

    Posted: 26 Jun 2018 01:16 AM PDT

    Bittrex account hacked with 2FA enabled- BE CAREFUL

    Posted: 25 Jun 2018 10:32 PM PDT

    I want to share my story about Bittrex negligence in securing my funds.

    On June the 19th a hacker was able to intrude in my Google account.

    1. He stole passwords from "Google Auto Sign-in", a tool I use to automatically sign-in to websites using stored credentials

    2. downloaded photos of me and of my passport from Google drive

    3. arranged these pictures with Photoshop or some other photo editing program to make a photomontage showing me holding my passport

    4. entered in my Bittrex support account and submitted a ticket to disable 2FA security on my account

    5. put a rule in my gmail to filter all messages from Bittrex and send them directly into the trash bin.

    6. At the request of identity verification he just posted 2 photomontages one showing me holding a paper sheet reading "bittrex 19.06.2018 Please disable 2FA" and another one showing me holding my passport.

    In only 25 hours and 12 minutes the Bittrex agent gave him green light to disable 2FA, while I couldn't see any email from support, cause I don't check trash bin of my gmail so often. He immediately entered in my Bittrex account where I had crypto currency for about 40000 USD value. He withdrew all my funds to his crypto currency addresses. Despite the very suspicious activity the Bittrex support agent didn't lock withdrawals up nor even put them on hold as it's usual after 2FA disabling. The suspicious signs were:

    1. IP address of a location on the other side of the globe respect to my usual login site

    2. Request to disable 2FA security without a motivation

    3. two low quality photomontages which anyone can easily realize coming from one single original. Indeed only centering, contrast and background color were changed to mimic two different photos.

    Below I report the whole emails exchange between the hacker and the Bittrex support agent

    Tuesday 19 June 2018 at 15:20 Hacker: Hello, disable Two-factor please •

    Tuesday at 15:20 Bittrex Agent

    Hi, For help with the 2FA related items please see the following article: https://bittrex.zendesk.com/hc/en-us/articles/115000198612 If you need two-factor removed after troubleshooting please reply with the following information, the more details you can provide the better: 1) Recent ip addresses you have logged into site with (You can find this by visiting, https://www.google.com/#q=what+is+my+ip+address ) 2) Recent transaction ids for any withdrawals and deposits you have made to Bittrex 3) Recent balances in your account For Accounts valued at over $1000 USD we will require additional information for proof of identity. 4)Please attach an image of your government-issued ID, as well as a selfie in which you are holding that identification where we can match your face against the picture displayed on the ID. Also, please write "Bittrex" and today's date on a piece of paper and hold it in the picture. Please make sure the text on your ID is readable in all photos. Please do not attach .pdf, zip files, or links to files. Please reply to this email with the required documents or attach them directly to your support ticket by visiting https://bittrex.zendesk.com/agent/tickets/1413823. We understand this is a slow and painful way to recover your account, but we do this for both your safety and ours. Best Regards, Bittrex Support Team @ Bittrex Follow us on Twitter @ https[Suspicious link removed]xchange •

    Tuesday at 15:24
    Hacker:

    My IP Address: 114.125.72.89 or 182.1.91.135 Withdrawal: Amount: 1.92594187 BTC To: 3MLVb6tuaDHEcErGTsExTMJNZEeRnUHoTq Requested At: 05/28/2017 15:20 I attach photos of my documents, I hope this will be enough! o thumbnail_passport niko.jpg (400 KB) o Selfi.jpg (2 MB)

    •
    Tuesday at 15:38 Bittrex agent

    Hey Nicola, Thank you for reaching out about your 2fa removal. We still require the following information. For Accounts valued at over $1000 USD we will require additional information for proof of identity. 4) Please attach an image of your government-issued ID, as well as a selfie in which you are holding that identification where we can match your face against the picture displayed on the ID. Also, please write "Bittrex" and today's date on a piece of paper and hold it in the picture. Please make sure the text on your ID is readable in all photos. Please see the attached example if your account is over $1000 USD We understand this is a slow and painful way to recover your account, but we do this for both your safety and ours. Best Regards, F.L. @ Bittrex Follow us on Twitter @ https[Suspicious link removed]xchange •

    Wednesday at 15:54 Hacker

    Hello, o selfy.jpg (1 MB) •

    Wednesday at 16:32 Bittrex agent

    Hey Nicola, Thank you for providing us with the required information. YOUR 2FA has been DISABLED/REMOVED Please make sure to re-enable two-factor to secure your account and increase your limits. When enabling 2FA we display the "secret" key. Please make sure to store this key in a safe place, it will allow you to restore your 2fa in the future should you lose or wipe your device. If you have not yet done so please verify your account, this will increase your withdrawal limits and help support respond to your issues in a more timely manner. https://bittrex.com/Manage?view=verification Best Regards, F.L. @ Bittrex

    As you can read from the mails Bittrex agent was negligent in secure my funds and I suspect him/her to be accomplice of the hacker.

    The IP address from which the hacker operated was: 185.5.175.84 - Located in Romania Bucharest pointing to a company called Voxility.srl - I am an expat living in Malaysia.

    The hacker used the device: Mozilla/5.0 (Windows NT 10.0; Win64; x64; rv: 56.0) Gecko/20100101 Firefox/56.0

    The hacker addresses:

    16NK5bxJK7NQA2GjPykKVLCYW9BDkdmdEF

    18MLfL9WPKqmYpBem1uWkvH8wXPaTXgKam

    19uwKFcKUeW9LxpogZDMAx7BnUdmhZbkjb

    DdzFFzCqrhsjwEDhFKt9XfPv72iaySyorUoF6X1cCKAgSTq3jSUcSwG48CG5mnTnsFT9A5Az7K4JjgJ

    LCQitSMSjrXgPLcFnfgMB5pkH D9mthyevmWLKeWymyER3oxWkX9LoFd19py

    D6ktx4ti68r3c2Dd3Unm9Dga5RakrTteSY

    0xc08051b3218e1fb981521598c409a0371b191ed8

    submitted by /u/nikotati
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    Blockstream announces C-Lightning 0.6!

    Posted: 25 Jun 2018 10:37 AM PDT

    Bitcoin is the truest currency of capitalism

    Posted: 26 Jun 2018 12:31 AM PDT

    The chinese and russians figured that if they let their citizens trade with less barriers and more openness, endorsing capitalism, they would be less pissed off at the government dictating and owning their lives. As the rich bitcoiners get wealthier they will reinvest into bitcoin's impact and utility. Since no country owns bitcoin, it is the truest representation of capitalism in a currency. Capitalism is the largest religion in the world above Christianity with 2.1 billion people and bitcoin is it's unofficial currency. "Capitalism does a number of things very well: it helps create an entrepreneurial spirit; it gets people motivated to come up with new ideas, and that's a good thing." Bernie Sanders

    submitted by /u/rblocksv1
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    BLS signatures: better than Schnorr

    Posted: 25 Jun 2018 10:43 AM PDT

    Market crash is part of the game.

    Posted: 25 Jun 2018 09:57 PM PDT

    I want to do a Lightning network transaction. Where should I go to get started?

    Posted: 25 Jun 2018 05:32 PM PDT

    Haven't done one yet. Just want to test out the future of Bitcoin transactions.

    Please advise on how to get started using LN. Thanks.

    submitted by /u/TheFutureofMoney
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    Two birds with one stone. From ‘Sapiens’.

    Posted: 25 Jun 2018 11:00 PM PDT

    Would it be a mistake to start investing my spare money in bitcoin?

    Posted: 26 Jun 2018 02:39 AM PDT

    I wouldn't want to leave myself short as I think that's a bit counter productive especially if I started falling behind on bills ext. I would be investing about £40 every couple weeks or so if that tbh..

    My first question is do you guys think that bitcoin value will continue to rise ?

    Second question would be take into consideration my financial situation is their any altcoins that could be more profitable to me in the short term ?

    Oh and one last thought, would I be better off investing in gpu power to mine with ? I'm currently using my 1050ti card on nicehash but only making on average 30+p a day with a hash rate of around 12mh/s jumping to 14mh/s on occasions. This is in my opinion with quite an aggressive overclock too.

    submitted by /u/gamingmike2501
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    How ETFs can bring Bitcoin over $35K

    Posted: 25 Jun 2018 07:30 AM PDT

    Blockchain-based Solution for Stolen Crypto on Crypto wallets

    Posted: 26 Jun 2018 12:40 AM PDT

    Iran: Another economy now in currency crisis

    Posted: 25 Jun 2018 05:33 PM PDT

    Every Bitcoin you hold is your Contribution to a Better World

    Posted: 25 Jun 2018 03:58 PM PDT

    A lot of people worry about losing money when the price drops. Increasing your wealth is a nice side effect, but the actual point of Bitcoin is to replace the current, corrupt financial system. View any Bitcoin you do not sell as your contribution to a better world for everyone.

    submitted by /u/Mageant
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    Bitcoin prepaid Card for Non-EU/Non-US residents

    Posted: 26 Jun 2018 01:26 AM PDT

    Hello everyone ;

    it's been a while since most card providers limited their service outside EU / US ;

    are there any updates about new services available now ?

    i'm currently testing uquid / entropay ; feel free to comment those or other if you have

    submitted by /u/sovoox
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    Spencer Bogart on CNBC Fast Money June 25, 2018

    Posted: 25 Jun 2018 02:50 PM PDT

    Crypto isn't dead - 2013 to 2018

    Posted: 26 Jun 2018 02:51 AM PDT

    Follow up post for the post here: https://www.reddit.com/r/Bitcoin/comments/8tpbxq/crypto_isnt_dead_bitcoin_chart_20152018_i/

    Excellent post /u/Johny_btc

    Here is a chart showing the lowest point of each year so far starting from 2013: https://i.imgur.com/7Glp0Hx.png

    Crypto is the opposite of dead!

    Disclaimer: These are rough figures. Use at own risk.

    submitted by /u/g703227
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    Bit-Z opens platform currency mining, hits total turnover of 27 billion in 12 hours

    Posted: 26 Jun 2018 04:22 AM PDT

    Bitcoin Price 'Pretty Good Right Now,' Says Blockchain Capital Partner Spencer Bogart.

    Posted: 26 Jun 2018 02:33 AM PDT

    $250,000,000 new Tether printed

    Posted: 25 Jun 2018 07:20 AM PDT
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