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    Bitcoin Daily Discussion, August 04, 2018

    August 04, 2018

    Bitcoin Daily Discussion, August 04, 2018

    Daily Discussion, August 04, 2018

    Posted: 04 Aug 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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    "Bitcoin has the potential to become the first worldwide currency and we're trying to make that happen" - ICE founder, Chairman, and CEO Jeffrey Sprecher

    Posted: 03 Aug 2018 10:15 PM PDT

    "Microsoft and Starbucks signed on to use the new platform for payments and accept BTC"

    Posted: 03 Aug 2018 06:04 AM PDT

    The Slovenian Consulate of South Australia just posted this epic photo of a gigantic Bitcoin pizza on their Facebook page... Slovenians really do love their BTC!

    Posted: 03 Aug 2018 06:57 PM PDT

    Starbucks Will Accept Bitcoin For Lattes Later This Year

    Posted: 03 Aug 2018 11:57 AM PDT

    The biggest bitcoin news of the year

    Posted: 03 Aug 2018 04:14 PM PDT

    Saw the starbucks news, instantly bought $500 of fiat more in BTC.

    Posted: 03 Aug 2018 06:56 PM PDT

    Let's fucking go boys.

    ..and gal's of course.

    submitted by /u/Dagusss
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    I don’t buy Bitcoin to become wealthy

    Posted: 04 Aug 2018 02:33 AM PDT

    I don't buy Bitcoin to become wealthy. I buy Bitcoin to avoid becoming poor. There is a big difference as most people will learn in the coming years.
    Like my friend said:
    Whenever someone asks me, "Why are you buying bitcoin?"
    I say, "I'm not buying bitcoin, I'm selling dollars".

    submitted by /u/vominhtri1611
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    Bitcoin ATMs everywhere in Prague - Czech Republic - seeing this out of my bus window - awesome!

    Posted: 03 Aug 2018 11:45 PM PDT

    Sound Familiar?

    Posted: 03 Aug 2018 04:51 PM PDT

    Starbucks serves over 50 million no-coiners every week around the world. By accepting Bitcoin, Starbucks will lead the biggest shift in public perception of BTC we've ever seen.

    Posted: 03 Aug 2018 07:53 AM PDT

    Crypto adoption: Coinbase Launches Crypto Plugin for WooCommerce Platform

    Posted: 04 Aug 2018 01:10 AM PDT

    I am starting to study the bitcoin core client and found out that this community has already answered some of the questions about some edge cases in the code. Thank you r/bitcoin!

    Posted: 04 Aug 2018 01:11 AM PDT

    Square Seeing ‘Real Growth’ in Bitcoin User Base: CFO

    Posted: 03 Aug 2018 09:25 PM PDT

    Banks in Thailand are now allowed to invest in Crypto via subsidiary, according to Bank of Thailand latest regulation

    Posted: 04 Aug 2018 02:46 AM PDT

    NYSE parent company ICE is teaming up with Starbucks and Microsoft to launch Bakkt, a platform to buy, sell, store and spend Bitcoin. If you don't own any Bitcoin, it's time to rethink your life. ����

    Posted: 04 Aug 2018 03:44 AM PDT

    Inflation is real

    Posted: 03 Aug 2018 05:41 PM PDT

    Bitcoin has no competition

    Posted: 04 Aug 2018 02:45 AM PDT

    All those FUDsters that where saying year ago how Bitcoin would fail because another currency would take over get proven wrong year after year. The more time Bticoin is alive, the stronger it gets and the bigger the network effect. Sorry but there will not be a Bitcoin 2.0. Bitcoin will go to 100k+ per coin in the next 5 to 10 years, it will absorb all the value researched in the field if not directly through protocol improvements then through sidechains.

    Bitcoin will remain the only solid coin. The only coin that survived for the longest time (other coins can't claim this unless they invent a time machine).
    There will be alts that pump really hard and make people millionaires, but no alt is going to surpass Bitcoin's strength and solidity. No coin will get a bigger marketcap. In the long term people holding 21+ BTC will be rewarded by history with rich-tier status for seeing the value in it before most people did. Do not let the FUDsters trick your mind or the trolls try to derrail the excellent job being done by Core devs.

    Let's continue then our path towards inevitable triumph.

    submitted by /u/vominhtri1611
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    If one day you can settle a contract for one Satoshi you'll realize that owning 0.01 BTC (~ $74 right now) means being able to settle about 1 million smart contracts without a notary or other 3rd party being involved. From this point of view bitcoin is massively underrated.

    Posted: 03 Aug 2018 02:47 PM PDT

    The NYSE's Owner Is Launching a Startup Exchange for Bitcoin

    Posted: 03 Aug 2018 06:58 AM PDT

    MORE THAN JUST A NEW EXCHANGE: If you own bitcoin, you need to immediately read the Fortune.com article currently on the front page of /r/bitcoin regarding the NYSE. This is the most important article you will read this year.

    Posted: 03 Aug 2018 05:16 PM PDT

    Starbucks drops major hint at plans to accept Bitcoin

    Posted: 03 Aug 2018 06:59 AM PDT

    Bitcoin Is Now The World's 5th Largest Economy. No central backing required.

    Posted: 03 Aug 2018 10:57 AM PDT

    This is huge... Best BTC news in 2018 so far!

    Posted: 03 Aug 2018 02:22 PM PDT

    Q: How are addresses generated in bitcoin?

    Posted: 03 Aug 2018 07:14 PM PDT

    I'm reading all over the place for the answer, and learning some things, but everything I read has no answers to the follow up questions it prompts. Maybe someone here can help me understand.

    submitted by /u/yohumblelibertarian
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    REMINDER - there are over 90,000 Bitcoin nodes.

    Posted: 03 Aug 2018 01:46 PM PDT
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