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    Monday, December 17, 2018

    Bitcoin Daily Discussion, December 17, 2018

    Bitcoin Daily Discussion, December 17, 2018


    Daily Discussion, December 17, 2018

    Posted: 16 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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    Or Maybe 2019

    Posted: 16 Dec 2018 08:09 PM PST

    Andreas Antonopoulos is going to be on the Joe Rogan podcast (date to be announced)

    Posted: 16 Dec 2018 08:44 PM PST

    Certified dank for Low Season

    Posted: 16 Dec 2018 11:20 PM PST

    Real scenario. We have to change this soon

    Posted: 17 Dec 2018 02:57 AM PST

    Story: A Coinbase user accidentally sends bitcoin to a litecoin address. Coinbase support claims it's not recoverable. Someone on Twitter helps the user recover the funds successfully.

    Posted: 16 Dec 2018 01:06 PM PST

    (Edit: screwed up title - it was litecoin sent to a bitcoin address, not the other way around)

    Just listened to the story on the recent Blockdigest episode. The TL;DR is in the title.

    It's of course the mistake of the user to not being careful enough, but also negligence on part of Coinbase not to have any sort of warning or restrictions in place for sending bitcoin to a litecoin address (which seems like an easy and reasonable thing to implement).

    But particularly negligent is to claim that the funds are not recoverable anymore, which is simply not true, and luckily, another Twitter user was able to help recover the funds successfully (worth around $2.5k). So the Coinbase support was simply either incompetent or just lazy or lying, which is all equally concerning, as such cases are likely not very rare with all the newbies coming into the space and Coinbase being one of the biggest fiat on-ramps into bitcoin.

    Timestamp to the story (as told by @brian_trollz, the person helping with the recovery): https://youtu.be/cvbm0YlKV04?t=3211

    Link to the original Twitter thread: https://twitter.com/djjindra/status/1073096138893385728

    And the follow up by @brian_trollz: https://twitter.com/brian_trollz/status/1073241960528429056

    submitted by /u/TheGreatMuffin
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    Spotted in Melbourne, Australia ��

    Posted: 17 Dec 2018 12:16 AM PST

    Finished Research on Actual Cryptocurrency Adoption Today - no Fud or to the Moon Ideas, Just Analyzing Data and Historical Context

    Posted: 17 Dec 2018 12:54 AM PST

    After Patreon's deplatforming of Sargon of Akkad, Dr Jordan B Peterson announces he's working on a Patreon alternative. Will it be powered by cryptocurrency payments due to Paypal's recent pledge to not work with SubscribeStar?

    Posted: 16 Dec 2018 03:00 PM PST

    PayPal froze funds to a IndieGoGo campain causing lack of funds to deliver on backers. Will Bitcoin kill paypal already?

    Posted: 16 Dec 2018 03:01 PM PST

    Monday Art - Katya Garipova

    Posted: 16 Dec 2018 09:55 PM PST

    "Bitcoin is dead" (so it begins, again)

    Posted: 16 Dec 2018 08:04 PM PST

    Gab Says Bitcoin is The Clear Solution as 'Free Speech Money'

    Posted: 16 Dec 2018 08:54 PM PST

    Biggest Crypto Youtubers of 2019 (over 400 shares) [most views, most subs, best newcomer, longest standing]

    Posted: 17 Dec 2018 12:08 AM PST

    One week old article: WCX, the stock brokerage powered entirely by Bitcoin, just crossed $1 billion in transactions

    Posted: 17 Dec 2018 03:13 AM PST

    Bitcoin Lightning Joule Chrome Extension

    Posted: 17 Dec 2018 12:07 AM PST

    hologram btc art

    Posted: 16 Dec 2018 04:54 PM PST

    Bitcoin is here to help you, no reason to be sad.

    Posted: 17 Dec 2018 01:32 AM PST

    Stop whining guys. Everything is fine. Sure, some people feeling bad now as they told everyone to buy, bought at 19k etc.. it's not about the price. In the long run, everything is still fine. Just relax. Bitcoin is not dead. It's so much development going on. ʘ‿ʘ

    submitted by /u/greeniscolor
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    3/Jan/2019 Proof of Trust Event, 10yr Audit

    Posted: 16 Dec 2018 03:16 PM 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 have withdrawn 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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    The Grill, an old rt 66 restaurant in Groom, Texas, accepts Bitcoin.

    Posted: 16 Dec 2018 09:21 AM PST

    The perfect storm...

    Posted: 16 Dec 2018 03:39 PM PST

    Let's say Bitcoin would have never deflated after the 2017 run up. Let's say the price of Bitcoin was somewhere around $80,000 right now. The financial markets are currently extremely shaky, more and more people are coming to the realization that we've experienced the "everything bubble". Real Estate ,equities ,Art you name it its at an all time high. If Bitcoin was at $80k right now it'd pop, it's a new asset class and investors would run from it as it would have just experienced a massive massive inflating.... In reality Bitcoin has just deflated and is sitting and just waiting to be discovered by investors as a way to hedge against the coming crash and inflation. All the articles about how noone would buy Bitcoin during a recession may have been true had we not just experienced an almost 90% pop in BTC price. This is setting up to be the perfect catalyst for adoption as a global store of value. Brace yourselves!

    submitted by /u/Satoshi_addiction
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    Mass Adoption of Blockchain Payments 3 - 5 Years Away Says BitPay CEO

    Posted: 17 Dec 2018 03:47 AM PST

    Where are those U.S. State and federal laws they tried to pass to "stop" or "control" bitcoin?

    Posted: 16 Dec 2018 07:31 PM PST

    A brief overview: NY bitlicense regulation still exists, the battle against it continues in the courts. http://www.article78againstnydfs.com/

    California - the proposed bitlicense bills were all defeated between 2015 and 2018.

    Connecticut - proposed bitlicense was defeated.

    Hawaii - proposed bitlicense defeated.

    Nebraska - proposed bitlicense defeated.

    Alaska - proposed bitlicense defeated.

    North Carolina - a form of bitlicense, H289 has been state law since 2016 - it unfortunately happened while few people were watching.

    Older link to previous status of bitlicense proposals in various U.S. states: https://np.reddit.com/r/Bitcoin/comments/8c5xhb/where_is_bitlicense_now_a_brief_overview_of_who/

    The Congressional attempt to "stop that terrible bitcoin thing:" dead. Fortunately never made it far out of the gate. Past post on it at https://np.reddit.com/r/Bitcoin/comments/79oq0j/icymi_another_attack_on_bitcoin_coming_from/

    For those of you who lobbied hard and were active helping to stop bitlicense in the various U.S. States where it was introduced, thank you. You helped us close out 2018 in a positive way by preventing another state from becoming "bitlicensed." Thanks also to those working to help challenge and invalidate the NY and NC bitlicenses, and thanks to those working to ease restrictions currently in place in Washington state.

    Stay vigilant in the years ahead.

    submitted by /u/pcvcolin
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    Bitmain's IPO dream hindered as Hong Kong Exchange reluctant to grant approval

    Posted: 17 Dec 2018 01:54 AM PST

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