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    Bitcoin Daily Discussion, July 02, 2018

    July 02, 2018

    Bitcoin Daily Discussion, July 02, 2018

    Daily Discussion, July 02, 2018

    Posted: 02 Jul 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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    r/Bitcoin recap - June 2018

    Posted: 02 Jul 2018 12:33 AM PDT

    Hi Bitcoiners!

    I'm back with the eighteenth monthly Bitcoin news recap.

    For those unfamiliar, each day I pick out the most popular/relevant/interesting stories in r/Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.

    You can see recaps of the previous months on Bitcoinsnippets.com

    A recap of Bitcoin in June 2018

    See you next month!

    submitted by /u/SamWouters
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    Mum knows best

    Posted: 01 Jul 2018 06:59 PM PDT

    Thousands of miners found dead in the wake of tragic flooding in China

    Posted: 01 Jul 2018 07:09 PM PDT

    Thus far lightningspin.com routed over 400 individual payments to our users, for a total of almost 6M satoshis. The fees? 1,300 satoshis, or less than $0.10 USD. Not for each transaction. For all 400 of them combined.

    Posted: 01 Jul 2018 07:36 AM PDT

    When you chose other crypto over bitcoin

    Posted: 02 Jul 2018 01:18 AM PDT

    There is now over 30 Bitcoin on the lightning Network. It has tripled in the last 3 months.

    Posted: 01 Jul 2018 04:20 PM PDT

    My wife is due to give birth any day so I decided to pick up some reading material to get me through the hospital stay and leave

    Posted: 01 Jul 2018 01:14 PM PDT

    All Hail the Mighty Bitcoin Machine

    Posted: 01 Jul 2018 08:47 PM PDT

    Real Estate Mogul (and Shark Tank Star) Barabara Corcoran Believes Bitcoin is 'Perfectly Suited' for Real Estate Purchases

    Posted: 01 Jul 2018 04:43 PM PDT

    Bitcoin adds a 0 every other year!

    Posted: 01 Jul 2018 06:07 PM PDT

    Saw this on deep ellum in dallas Texas.

    Posted: 01 Jul 2018 11:08 AM PDT

    Bitcoin sub Reddit gained 30K+ subscribers in June

    Posted: 01 Jul 2018 03:09 PM PDT

    Floods in Sichuan China is Not Significant Enough to Cause A Drop on Bitcoin Hashrate

    Posted: 02 Jul 2018 02:50 AM PDT

    Just saw that at Brussels Airport...

    Posted: 01 Jul 2018 11:31 PM PDT

    You can now vote on stores that accept lightning at http://www.lightningnetworkstores.com (1 satoshi = 1 vote).

    Posted: 01 Jul 2018 07:08 PM PDT

    This option to upvote/downvote has just been added: http://lightningnetworkstores.com

    The git repository (https://github.com/lightningnetworkstores/lightningnetworkstores.github.io) is still going to be important, as the server fetches new information from this repository automatically every 10 minutes.

    The payments are being proccessed by strike (https://strike.acinq.co) for now, their node is well connect, you probably already have some outward capacity to it:

    03864ef025fde8fb587d989186ce6a4a186895ee44a926bfc370e2c366597a3f8f@34.239.230.56:9735

    Let me know if you have any suggestions! Things that have been suggested before are:

    • Changing the votes to star votes (1 to 5 stars).
    • Allow for people to comment
    • Have paid tags for each store
    • Sort stores by trending score

    Also looking for people to help maintain the repository (write access can be given).

    EDIT: For those that are still seeing the old website, access direcly with the IP: http://95.179.142.99/

    EDIT2: You can see the split scores of a store when you click on its score: https://imgur.com/a/MuikitS

    submitted by /u/johnturtle
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    The Game-Shop you dreamed of: Pay with Bitcoin and play. No bullshit. And good prices too! (and LN support wohooo!)

    Posted: 01 Jul 2018 12:33 PM PDT

    Some street art in the hills of Barcelona, Spain

    Posted: 01 Jul 2018 11:42 AM PDT

    Timelocked bitcoin

    Posted: 01 Jul 2018 11:12 PM PDT

    I've spent whole my kid btc savings to his own wallet with timelock transaction. In approx 2027 he will start getting equal part of it each month during 6 years. I hope it will be enough for his education.

    submitted by /u/RusAlex
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    A classic antminer scam artist at work. The second time I was messaged by these idiots on instagram. I've been leading him on for over a day now, feel free to join in the fun.

    Posted: 02 Jul 2018 01:30 AM PDT

    Switzerland looks to liberalise cryptocurrency banking access

    Posted: 02 Jul 2018 02:15 AM PDT

    The Bitcoin Wikipedia article that comes up when google searching for "bitcoin" shows as "Bitcoin cash"

    Posted: 02 Jul 2018 12:25 AM PDT

    OpenNode is the first bitcoin lightning payment processor

    Posted: 01 Jul 2018 02:02 PM PDT

    'We're still bullish' on bitcoin: Octagon Strategy

    Posted: 01 Jul 2018 10:41 PM PDT

    The No.1 obstacle to mainstream adoption is...

    Posted: 02 Jul 2018 02:05 AM PDT

    Ignorance!

    This is a real conversation I had with a friend once:

    Me: "Hey, Bob, maybe you should invest in some Bitcoin."

    Bob: "Oh yeah I was thinking about it a while back."

    Me: "That's a shame, it's around $3000 now"

    Bob: "yeah, it was $1000 back then."

    Me: "so why didn't you invest in some back then?"

    Bob:"it was too expensive"

    Me: "what do you mean?"

    Bob: "I didn't have enough to buy a Bitcoin"

    This is someone who studied electronics and if you spoke to him you'd think he was above average intelligence. Yet he was completely unaware that you could buy a fraction of a Bitcoin! I was stunned. But I think it really goes to show just how early days we are still in. Even though a lot of people have heard of Bitcoin, many of them are still totally clueless about how it works.

    submitted by /u/mummyfromcrypto
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    More than 100 entities have already participated in the Global Cryptoasset Benchmarking Study; research sample currently dominated by Europe.

    Posted: 02 Jul 2018 02:59 AM PDT

    My 2 Sats...

    Posted: 01 Jul 2018 10:37 PM PDT

    While I am a nocoiner, I have grown to appreciate the opportunities that bitcoin gives people. I used to work at Walmart, I was a customer service manager for about 19 months. I oversaw the money center and had to know all the policies and procedures regarding transfers. So many times people would come in and want to send money and would then complain about the fees.

    In the states it was $4 for <$49.99 and $8 for >$50. So many times people would complain that it was over 10% more in fees for just sending $50. When it came to sending out of the country it was a crapshoot for exchange rates and fees. Also, sometime around February, we became unable to send or receive money from China. I always thought to myself how much easier it would be if people just transferred money using bitcoin. With lightning becoming stronger day by day, it would be so much cheaper for people to just use bitcoin.

    I'm not really behind bitcoin as a store of value just yet, but it really is an amazing currency.

    submitted by /u/Absolute_Anal
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