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    Bitcoin Daily Discussion, September 30, 2018

    Bitcoin Daily Discussion, September 30, 2018


    Daily Discussion, September 30, 2018

    Posted: 30 Sep 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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    Listen to the Prime Minister of #Malta aka "The Blockchain Island", an EU and Eurozone member country say to UN General Assembly: "Blockchain makes cryptocurrencies the inevitable future of money".

    Posted: 30 Sep 2018 01:23 AM PDT

    First time:-)

    Posted: 29 Sep 2018 12:53 PM PDT

    Satoshi as the base unit. Start 'thinking' in Satoshis.

    Posted: 30 Sep 2018 02:03 AM PDT

    Finally I got a BTC atm in my neighborhood..Gooo Serbia

    Posted: 29 Sep 2018 10:09 AM PDT

    Looks like bosch has nailed it with it's bitcoin prediction graph for 2018-2020.

    Posted: 30 Sep 2018 01:40 AM PDT

    Lightning Network explained for beginners... Read this if you aren't quite sure what LN is and how it works!

    Posted: 29 Sep 2018 06:59 PM PDT

    Bitcoin Bulls Winklevoss Twins Eye Huge New European Market

    Posted: 29 Sep 2018 12:09 PM PDT

    Spotted at Jersey Gardens Mall, NJ

    Posted: 29 Sep 2018 02:33 PM PDT

    Buy Porsche and other luxury sports cars with Bitcoin in Costa Rica !

    Posted: 29 Sep 2018 05:18 PM PDT

    Sell-only BTMs taking over?

    Posted: 29 Sep 2018 11:42 PM PDT

    For about a year, my city has had 5 or 6 BTMs, and they all had the options of either buying, or selling bitcoin which is/was awesome. But now, today when I went to sell some btc, I ended up driving to each location and they have ALL switched to a new type of machine (all different, independently owned machines) that only allows the purchase of bitcoins.

    Is this a trend that's happening elsewhere? Personally I think it is stupid as hell, especially because they are all selling at least 2k above market price.

    Discuss these idiotic new machines, I'd love to hear some thoughts about what's going on with this.

    submitted by /u/faceballb4t
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    Letter to those who "like blockchain and not bitcoin"

    Posted: 29 Sep 2018 05:31 PM PDT

    I have access to a large storage facility with free solar powered electricity, should I start a crypto mining farm?

    Posted: 29 Sep 2018 06:33 PM PDT

    As per the title I have access to an industrial scale storage facility and have a massive credit of free electricity due to a significant amount of solar panel installations. I'm also a programmer and have a fairly basic understanding of building computer systems for gaming. I don't really know much about btc/crypto mining at all, but I think I have a good enough coincidence of needs to warrant really learning about the process and possibly starting my own mining operation.

    With free electricity surely starting a mining facility would be a fairly riskless opportunity? Of course there are a million other variables at stake that need to be considered and I really want to get peoples opinions on what they may be and where exactly I should start, if it's even worth starting at all. I guess my tl;dr question aimed at miners is, if you had free reigned access to a large facility with massive amounts free electricity what would you do to make the operation as profitable and riskless as possible?

    Any input is greatly appreciated,

    submitted by /u/Hotsiam
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    Does BIP156/Dandelion require inbound peers?

    Posted: 29 Sep 2018 09:25 PM PDT

    https://github.com/bitcoin/bips/blob/master/bip-0156.mediawiki

    Dandelion routing during the stem phase requires notions of inbound peers, outbound peers, Dandelion destinations, and Dandelion routes. Inbound peers consist of all currently connected peers that initiated the peer connection

    It seems this is case, does this mean that if you are running a full node and want your transaction to go through Dandelion "protocol" you need to open the bitcoind port on your router (or connect through Tor and allow hidden service connections)?

    submitted by /u/ultimatevert
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    Has anyone considered crowd-funding the purchase of the AsicBoost patent for intent of open-sourcing it?

    Posted: 30 Sep 2018 02:08 AM PDT

    Seems this could be multi-fold beneficial:

    1. Remove miners' incentive to use AsicBoost covertly, and without segwit-activation, thus increasing global segwit adoption.

    2. Desuade the transfer of hashpower to the inferior BCH, possibly re-uniting the eco-system to some extent.

    3. Saving electricity costs and show the derisive media / eco-nauts that Bitcoin can make strides for sustainability.

    4. This could be a prime use-case for the B Foundation *see below

    The only downside I can see is reduction of the irretrievable sunk cost due to electricity expenditure, but please contribute if I am missing something.

    The B Foundation twitter:

    https://twitter.com/TheB_Foundation

    I've thrown together a quick poll on my twitter if you care to vote, but don't feel obliged:

    https://twitter.com/Jaw709/status/1046311678948904960

    submitted by /u/Jaw709
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    Finally we have 'bits' adoption ! NICE ;-)

    Posted: 29 Sep 2018 08:42 AM PDT

    Bitcoin Hodlers. What gets you through these sideways time?

    Posted: 30 Sep 2018 03:07 AM PDT

    I'm buying weekly. My wife thinks I'm throwing my money away. Struggling mentally.

    submitted by /u/giggity_goooo
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    LN powered Super Mario Style game is here!

    Posted: 29 Sep 2018 04:28 PM PDT

    Super Bro is a super Mario-based game where you have to save the Queen Miss Satoshis Nakamoto to withdraw all the satoshis collected in the game.

    Be careful! It is not as easy as it looks... This game is built on top of #LightningNetwork ⚡️👾 Play the game here: https://satoshis.games/superbro/index.html

    Source of info: https://twitter.com/SatoshisGames/status/1046116927813373952 FYI I am not a part of team-so don't ask me to many questions lol

    submitted by /u/samee1771
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    Bitcoin Core 0.16.3 Full Node

    Posted: 29 Sep 2018 12:23 PM PDT

    I started a 0.16.3 full node today, lets fix this bug ourselves.

    If you have any questions on how, please ask!

    Thanks!

    submitted by /u/Whatoncewas76
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    I burned my old life and started over from scratch in order to regain my privacy. This is the brain dump of everything I learned along the way.

    Posted: 29 Sep 2018 08:10 AM PDT

    Coinbase: A Bitcoin-Boom Beneficiary Plots Its Next Move

    Posted: 29 Sep 2018 11:49 AM PDT

    Nice website to Earn Free Btc! sign in here and you will automatically start mining BTC! If you are interested.

    Posted: 30 Sep 2018 04:08 AM PDT

    The bottleneck of Lightning Network right now is wallets!

    Posted: 30 Sep 2018 04:00 AM PDT

    When is myceleum and Samourai Wallet going to get in the game for LN? Right now there is ONLY 1 wallet that is mainnet now and that is 'bitcoin lightning wallet'. eclair i don't think you can even receive funds on. I got APPS developed already but without main wallets integrating LN I'm wonder if I should luanch them as they are LN only baed.

    submitted by /u/vroomDotClub
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