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    Bitcoin Daily Discussion, December 21, 2018

    December 21, 2018

    Bitcoin Daily Discussion, December 21, 2018

    Daily Discussion, December 21, 2018

    Posted: 20 Dec 2018 11:01 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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    I sold this tiny artwork for 1 millisatoshi ($0.000000037) - story in comments

    Posted: 20 Dec 2018 01:02 PM PST

    The Lightning Network just hit 500 BTC in network capacity. The network keeps growing at a staggering pace ����

    Posted: 21 Dec 2018 01:30 AM PST

    Just finished this...

    Posted: 20 Dec 2018 10:22 PM PST

    Pro-Bitcoin Ron Paul: It’s Time to Abolish Federal Reserve, Embrace Tax-Free Crypto

    Posted: 20 Dec 2018 07:16 PM PST

    18 Months until the next Bitcoin halving.

    Posted: 20 Dec 2018 04:43 PM PST

    This is Ross Ulbricht's 6th Christmas in prison. A powerful message was posted on his Twitter today.

    Posted: 20 Dec 2018 10:11 AM PST

    Here's a message posted on Ross Ulbricht's Twitter today:

    "Each morning I wake up in this tiny cell, I dread facing another day. Gratitude is the antidote I use, giving thanks just to be alive, to be healthy, to have so many wonderful people in my life. "Thank you" is my mantra all day. It turns dread into joy even here."

    ​

    If you haven't done so, you can sign his petition for clemency here.

    ​

    submitted by /u/caro_lala
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    OMG OMG OMG - Crypto exchange to get likekind tax treatment, BACK DATED to Jan 1st, 2017!!!!!!!

    Posted: 21 Dec 2018 03:30 AM PST

    "I in person witnessed Coinbase execs lobbying regulators with lies (“China controls bitcoin” “PoW is an environmental disaster”) and pushing USDC instead" | Nic Carter

    Posted: 20 Dec 2018 06:31 AM PST

    Lawmakers look to change SEC's 72-year old securities definition to exclude cryptocurrencies

    Posted: 20 Dec 2018 11:02 AM PST

    How do you use BTC?

    Posted: 21 Dec 2018 02:43 AM PST

    Just some thoughts.

    I've started as most of the people; I invested in BTC, with the thought in my mind that it'd be a reasonable investment, and one day I'd become rich.

    As I've bought some crypto, I've learned all the spheres where we can use this technology. I'd love to buy some things with BTC like food, services and so on. But there aren't enough places to use Bitcoin as digital cash.

    Also, I enjoy when some small businesses accept BTC. I know that for them accepting cryptocurrency even more profitable because they don't have to pay taxes. And it's great! We can not only check CMC and coin360 every second to know the price and to trade the assets at the right time. Bitcoin was created as money, and we should USE it.

    I don't mind hodling, but it's more reasonable to hold half of BTC and to spend some BTC for shopping. How do you prefer using BTC? Are there any places in your city where you can pay by BTC?

    submitted by /u/__queeny
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    US politicians from both parties come together - to officially submit new pro-cryptocurrency laws!

    Posted: 20 Dec 2018 11:11 PM PST

    WSJ: First ever futures contract to pay out in Bitcoin set to be approved.

    Posted: 20 Dec 2018 12:23 PM PST

    WASHINGTON—The first futures contract that will pay out in cryptocurrency rather than cash is expected to soon get regulatory approval.

    The contract, launched by New York Stock Exchange owner Intercontinental Exchange Inc., is aimed at institutional players...

    submitted by /u/MICKYNewsOz
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    Accepting crypto on webhosting is now super easy! – Blockonomics Blog

    Posted: 20 Dec 2018 10:06 PM PST

    Finally. A full node Lightning setup guide so easy even an idiot like me could get it up and running.

    Posted: 20 Dec 2018 08:49 AM PST

    Coinbase wants to reward its users for "educating" themselves about some of the lesser-known tokens. The real intention is of course to create an illusion of competence - users are more likely to buy things they think they understand & feel in control.

    Posted: 20 Dec 2018 07:28 AM PST

    Most of you reading this today will become millionaire

    Posted: 20 Dec 2018 02:19 PM PST

    Congratulations for everyone who owns 1 btc. in some years you guys will be millionaires

    submitted by /u/TheKingOfTheFreedom
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    Crypto Trading Simulator Altcoin Fantasy Partners With Paxful to Bring Bitcoin and Crypto to More People Through Peer-to-Peer Finance

    Posted: 20 Dec 2018 11:41 PM PST

    Blockstream Satellite in Picture

    Posted: 20 Dec 2018 08:05 PM PST

    Lightning Solutions - LN Full Node

    Posted: 21 Dec 2018 03:32 AM PST

    What if BTC became the new gold

    Posted: 21 Dec 2018 02:09 AM PST

    Imagine a future where btc replaced gold as the default store of value.

    The amount of gold ever mined in the world is about 187,000 metric tons. Divide that by the amount of bitcoin tyete will ever be and you get 187mil / 21mil = 8.9, so that would mean that owning one bitcoin would be as scarce as owning 8.9 kilos of gold.

    Not necessarily a valid basis for predicting price but an interesting metric in regards to scarcity.

    submitted by /u/marlin3
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    Current rally could last longer thank you think: Novogratz's Galaxy Digital

    Posted: 20 Dec 2018 08:47 PM PST

    BlueWallet brings zero-configuration Lightning payments to iOS and Android

    Posted: 20 Dec 2018 08:51 AM PST

    Bitcoin crosses $4,000 for the first time in two weeks

    Posted: 20 Dec 2018 04:40 AM PST
    Read more
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