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    Bitcoin Daily Discussion, November 17, 2018

    November 17, 2018

    Bitcoin Daily Discussion, November 17, 2018

    Daily Discussion, November 17, 2018

    Posted: 16 Nov 2018 11:00 PM PST

    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!

    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!

    Please check the previous discussion thread for unanswered questions.

    submitted by /u/rBitcoinMod
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    ok which one of you nerds was this

    Posted: 16 Nov 2018 11:21 PM PST

    It is currently... 121.20% more profitable to mine on the Bitcoin (BTC) chain

    Posted: 16 Nov 2018 01:50 PM PST

    Sony Announces the Development of a Multi-Purpose Cryptocurrency Hardware Wallet

    Posted: 17 Nov 2018 01:13 AM PST

    I know, it's rough

    Posted: 16 Nov 2018 12:02 PM PST

    Someone just dropped ~50BTC in #LightningNetwork ��

    Posted: 16 Nov 2018 02:42 PM PST

    Lightning capacity up +100.78% in the past 30 days

    Posted: 16 Nov 2018 06:58 PM PST

    According to the stats at 1ML.com. Hard to ignore as this will make bitcoin instantaneous and scalable across the world.

    submitted by /u/BigJim05
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    Lightning Network Surpasses $1,000,000 in Bitcoin Capacity

    Posted: 16 Nov 2018 03:33 PM PST

    Bitcoin has more than 680,000 active addresses per day in November. This is higher than any time since February 2018. Stop watching prices. Adoption is what matters.

    Posted: 16 Nov 2018 11:28 AM PST

    As seen at a craft wool company in Portland, Oregon.

    Posted: 16 Nov 2018 03:24 PM PST

    The Stats Don't Lie.... Lightning Network Nodes UP 125.65%, capacity UP 119%!

    Posted: 17 Nov 2018 01:04 AM PST

    The wealthiest 5 BTC addresses are exchanges: (1) Binance, (2) Bitfinex, (3) Huobi, (4) Bittrex, (5) Bitstamp. Be your own bank :P

    Posted: 17 Nov 2018 01:43 AM PST

    Lightning network has doubled capacity in the last week! Now over $1.2 million held on the network!

    Posted: 16 Nov 2018 02:33 PM PST

    "Profitable" Pool on Ver's Bitcoin.com ��

    Posted: 16 Nov 2018 01:38 PM PST

    BTC as a store of value first in order to succeed.

    Posted: 16 Nov 2018 03:20 PM PST

    First of all, i'll like to start by saying that i love this community and everything it represents for the future of money.

    I've just been thinking about this whole split debacle. I realized that, they're putting the carriage before the horse, in economic terms at least. By the way, BTC is subject to some of this flaw subjectively speaking.

    Merchant adoption is all the rave being touted all around me. But they all seem to neglect something i consider pertinent and that is: the value proposition of BTC for the average person and merchants.

    For the average person, you're better off convincing them to own BTC due to it being a better store of value than convincing them to use it as a secondary payment system as it's hard using BTC for mundane purchases because it's now evident that, the trajectory of this nascent assets' price is upwards. i.e 10,000 BTC for pizza is now euphemism for "don't be that guy"

    Its quite funny that majority of the Crypto space are quick to point to Zimbabwe, Venezuela as perfect examples of places spending BTC but neglect the fact that, that usage only transpires due to the fact that they see it as a better store of value first before anything else otherwise it's futile.

    Any merchant who's in business to make money knows that its more risk than reward accepting BTC or any Crypto at this current juncture as stability is still an issue. BTC needs to get to a point in price where the average investor won't be able to manipulate the price nor cause massive fluctuation in price(20k BTC isn't that point) Only then do i think worldwide merchant acceptance will prevail.

    Remember guys, before we convinced people to buy cars, we had to build roads first. Before we convinced folks to use the internet, we had make sure personal computers were at their disposal. And lastly before BTC can get worldwide dominance and acceptance , BTC needs to be a store of value first. Let me know your thoughts below. Thanks

    submitted by /u/Tajlechef
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    Lightning Network Statistics - Bitcoin Visuals

    Posted: 17 Nov 2018 01:55 AM PST

    Lightning network doubles in capacity over 7 days, reaches over 1 million dollars.

    Posted: 16 Nov 2018 03:04 PM PST

    BRD: When SegWit? RIGHT NOW!

    Posted: 16 Nov 2018 11:02 AM PST

    Apple took a long time to process our app update, but full SegWit support is now available for all BRD users on both iOS and Android! If you have version 3.5 or higher, you can opt-in by going to Menu > Preferences > Bitcoin > Enable SegWit. As we've outlined on whensegwit.com, this new feature is currently opt-in but will become the default for all users in the near future.

    ​

    For all of you who like technical details:

    You may remember we didn't want to add support for P2WSH SegWit, because it would require us to maintain a second HD chain of public keys. As a truly decentralized SPV wallet, syncing a second chain of keys would double the amount of resources required by the user's device when syncing their wallet. And once users start using addresses from a new HD chain, we would need to support that chain forever.

    By using Bech32, we are actually able to scan the blockchain for both SegWit and legacy transactions while still only maintaining a single chain of public keys! This alleviates all of the technical challenges mentioned above, and we truly believe it was worth waiting for Bech32 and skipping P2WSH.

    If you have any questions or comments, feel free to drop them into the comments below!

    submitted by /u/BreadCPO
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    Selling Bitcoins

    Posted: 16 Nov 2018 11:48 PM PST

    How profitable is it to sell Bitcoins on paxful or something similar as a Newcomer? If it even is at all since Bitcoin price is dropping. How fast can i except to make a profit starting with $2000 or is that a very risky Idea?

    submitted by /u/tooka199
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    **RASPIBLITZ NODE** Guys...I have a problem and im stuck here �� can someone help me please ?

    Posted: 17 Nov 2018 03:04 AM PST

    69% of central banks are working on crypto products. None of them realize that crypto exists to cut out middlemen scams known as banks

    Posted: 16 Nov 2018 09:40 AM PST

    Mining

    Posted: 16 Nov 2018 04:35 PM PST

    Bitmain hair dryer - COMING SOON!

    Posted: 16 Nov 2018 05:14 AM PST

    Here Lies An Attempt to Centralize Bitcoin

    Posted: 16 Nov 2018 08:11 AM PST

    What is a Cryptographic Hash Function? Simply Explained!

    Posted: 16 Nov 2018 05:29 PM PST
    Read more
    at

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