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    Tuesday, December 11, 2018

    Bitcoin Daily Discussion, December 11, 2018

    Bitcoin Daily Discussion, December 11, 2018


    Daily Discussion, December 11, 2018

    Posted: 10 Dec 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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    Satoshi Nakamato

    Posted: 10 Dec 2018 12:13 PM PST

    'Proof Of Keys' Wants You to Get Your Bitcoin Off Exchanges on January 3

    Posted: 11 Dec 2018 01:13 AM PST

    All-clear: Coinbase is Actually the “Big Whale” that Moved 856,000 BTC

    Posted: 10 Dec 2018 02:58 PM PST

    During the last bear market this felt expensive. I was jealous of the guys that bought for $1 and felt like I was massively overpaying. Today my investment has collapsed and I’m sadly up only a measly 16x. In a few years, I may have to watch my investment crater to a mere 190x. It’s hard to hodl lol

    Posted: 10 Dec 2018 03:15 PM PST

    McAfee chickens out

    Posted: 10 Dec 2018 04:18 AM PST

    But why, some say, the moon? Why choose this as our goal?---Kennedy answered it for half a century.

    Posted: 10 Dec 2018 08:33 PM PST

    Dear December 2017 HODLERS who said "Just HOLD and come back in a year". One year has passed, you may come back now

    Posted: 10 Dec 2018 11:34 AM PST

    The World Needs Something Like Bitcoin.

    Posted: 10 Dec 2018 03:33 PM PST

    Say hello to my new personal banking accou... ehm... banking system

    Posted: 10 Dec 2018 11:53 PM PST

    Amazing, this guy sells bitcoin from the back of a London taxi

    Posted: 11 Dec 2018 02:41 AM PST

    SLP39 Olaoluwa Osuntokun (Roasbeef), CTO of Lightning Labs

    Posted: 11 Dec 2018 01:00 AM PST

    Why is no one selling Bitcoin on Bisq, literally no one.

    Posted: 10 Dec 2018 09:26 PM PST

    7 billion people on earth no one is selling BTC on Bisq I would like to know why.

    submitted by /u/Jamestq
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    03/Jan/2019 Bitcoin users on brink of second bailout for exchanges

    Posted: 10 Dec 2018 11:08 AM PST

    The time has come for us to test what we have created. Trust in numbers yet we trust in exchanges, in people, in corporations.

    On the 3rd of January 2019, 10 years on, let us all withdraw our BTC to wallets we control. Let's see if it is all there, let us see who fails, let us see the network work.

    We lose nothing, we risk nothing, those companies and exchanges that cannot be trusted will be exposed.

    We must assert control, we must prove this is ours.

    We need a time to coordinate, 16:00 UTC 03/Jan/2019 is as good as any other. By this hour let us have concluded our transactions and hold our coins in our wallets.

    04/Jan/2019 we return to business as usual, with renewed confidence.

    submitted by /u/sotashi
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    Attention: The post about the SEC opened up a site (etf[dot]vote) to vote for or against SolidX Bitcoin ETF a few hours ago is fake. The file to be downloaded with the voting results contains a virus! Don't download, don't open!

    Posted: 10 Dec 2018 07:59 AM PST

    Fantastic, well-reasoned video by longterm holder! - why Bitcoin will go a lot higher

    Posted: 10 Dec 2018 06:36 PM PST

    We're excited to release our first "State of #Bitcoin" report. Read it in full here! - Delphi Digital

    Posted: 10 Dec 2018 08:45 PM PST

    $15 Billion Worth Bitcoin Mining Giant Bitmain Is Collapsing & It Only Has Itself To Blame

    Posted: 10 Dec 2018 10:21 AM PST

    Nick Szabo Interview - YouTube

    Posted: 11 Dec 2018 02:40 AM PST

    Argentina, Iran, Turkey, Sudan, Yemen, and Zimbabwe currently have annualized inflation at 111%, 187%, 38%, 127%, 27% and 170% Venezuela is experiencing hyperinflation, with an annual inflation rate of 49,355%! Countries around the world are experiencing currency failure! Got Bitcoin?

    Posted: 10 Dec 2018 08:58 AM PST

    Bitcoin is the digital Gold of the store of value! :-)

    Posted: 10 Dec 2018 04:32 PM PST

    With chatter of Wall Street getting involved...Not your keys, not your bitcoin

    Posted: 10 Dec 2018 09:01 PM PST

    As Wall Street start to get involved I fear it won't be long before we experience another Mt Gox type scenario due to "paper bitcoin" being traded and when withdrawals increase there may not be enough actual bitcoin to go around causing an exchange to shut down leaving people without their coins....

    Just a friendly reminder...Not your keys, not your bitcoin.

    submitted by /u/BigLezHodler
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    Mother Jones on a bitcoin bashing spree

    Posted: 10 Dec 2018 07:22 PM PST

    First: I'm not trying to make this a political topic. I'm trying to create discussion on understanding roadblocks to bitcoin and crypto currency adoption in general.

    I'm progressive, politically. I'm also a crypto enthusiast. If you think I'm pretending to be left but that I'm really here just to bash MJ, then look at my leftist comments on r/politics over the last year or so.

    So, it's a bit weird to me to disagree so vehemently with people I usually agree with politically about a subject. You might say that speaks to my naiveté. Fair enough.

    Anyway, I just find it incredibly odd that progressives, who claim to pride themselves on keeping an open mind, embracing technological solutions to human challenges, are so batshit crazy against crypto.

    I always thought that one area of overlap between progressives and libertarians was their battle against banks and fiat and centralized currency. Empower the people, right? It's weird to see progressive so against something that could actually help people and advance their cause. My guess is that it's because there is some perceived "right wing advocacy" of the technology that they just associate it with being technology created by right wing minds and have just shut off all critical thinking as a result?

    Here are the articles, which have all come out this month - unusual for MJ which is usually focused on progressive causes:

    https://www.motherjones.com/kevin-drum/2018/12/bitcoin-strikes-back/

    https://www.motherjones.com/kevin-drum/2018/12/the-bitcoin-con-may-soon-be-over/

    https://www.motherjones.com/kevin-drum/2018/12/bitcoin-is-a-long-con-aimed-at-those-least-able-to-affort-it/

    This shit has me fuming, today. Maybe I'm late to the game, and ya'll are like no shirt shitlock. But, for those that would like to be less condescending today, I'd love to hear your thoughts - positive thoughts preferred, but otherwise welcome of course.

    submitted by /u/lodok
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    Can Bitcoin survive a large solar flare followed by a colossal coronal mass ejection?

    Posted: 10 Dec 2018 09:27 PM PST

    July 2012 was the largest solar storm in history, it almost hit earth. They say if it hit the earth, it would have sent us back to the stone ages.

    submitted by /u/tron111now
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    It's Time To Take Control Back

    Posted: 10 Dec 2018 11:40 AM PST

    Hello fellow Bitcoiners,

    As more and more people have been posting about repatriating our bitcoins from these exchanges / centralized service providers , I'm starting to feel that there is true change in the air. I'm also inclined to believe that if this movement is truly successful by gaining enough traction then we will be able to take control of the destiny of the price of Bitcoin expressed in fiat currency and simultaneously allowing bitcoin to (eventually) realize its full potential free from the shackles of the legacy financial establishments that are currently in control. I hope you all join us in this upcoming movement and be sure to move every single Satoshi off any of these exchanges or centralized services that you may have any Bitcoin in by its 10-year anniversary date. Additionally running a Bitcoin node is extremely healthy for our ecosystem so if possible I would implore you to do so. Happy HODLing!

    submitted by /u/BitcoinCanSaveUsAll
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