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    Bitcoin Daily Discussion, January 04, 2019

    January 04, 2019

    Bitcoin Daily Discussion, January 04, 2019

    Daily Discussion, January 04, 2019

    Posted: 03 Jan 2019 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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    Happy 10th, Bitcoin!

    Posted: 03 Jan 2019 05:51 AM PST

    Bitcoin Comics - 01/03/2019 - ‘ Proof Of Keys '

    Posted: 04 Jan 2019 12:17 AM PST

    Scaling vs increasing the blocksize, a HDD-SSD analogy

    Posted: 03 Jan 2019 03:49 PM PST

    Tampa Bay Bitcoin Celebrating 10 years of BTC!

    Posted: 04 Jan 2019 12:31 AM PST

    As Pomp would say, “long bitcoin, short the bankers”

    Posted: 03 Jan 2019 03:13 PM PST

    Storage at 98.6°F or how I became Johnny Mnemonic

    Posted: 04 Jan 2019 12:50 AM PST

    Li'l bump: https://i.imgur.com/Q7zHhzM.jpg

    1. Get RFID implant from DangerousThings
    2. Little poke
    3. Encrypt a seed phrase on air gapped machine
    4. Write string to implant
    5. Surreptitiously smuggle crypto wherever you go
    submitted by /u/throwaway8614908
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    Happy Birthday, bitcoin, a little delayed :3

    Posted: 04 Jan 2019 12:59 AM PST

    In human years, bitcoin is still a little boy.

    Posted: 03 Jan 2019 11:24 PM PST

    I grew up with computers. I got my first AppleIIe in the mid 80's and used a 2400 baud modem to connect to BBS services and download pirated games when I was maybe 12. Then one day I got a dial-up connection to Earthlink. Eventually broadband. Then smartphones. In a way, I watched personal computing and the internet grow up as I grew up. I'm now a professional software engineer in my 40s and the Internet and computing is a big grown-up operation.

    Bitcoin just turned 10 years old. Right now he can't do much. Can't drive a car, can't juggle, can't play a musical instrument, can't write a software program. But, he's pretty smart, and he's growing up every day.

    What will Bitcoin be able to do when he's a teen? 2nd layer scaling, privacy, identity, all kinds of things. In fact he's learning about a lot of them now. And when he's 20? 10 years from now? Well now he's an adult, likely playing in the adult games with sovereign nations and fiat currencies.

    Beyond that? Who knows. When Bitcoin is in it's 40's, it's going to be a fully grown up Man. Probably running shit. It will be fascinating to watch!

    Happy Birthday Bitcoin, we love you. And thanks!

    submitted by /u/Craig1024
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    The Bitcoin Lightning Network - 1/3/2019

    Posted: 04 Jan 2019 12:43 AM PST

    10yrs ago today, the first Bitcoin block. Turns out it was a pretty big deal

    Posted: 03 Jan 2019 05:36 AM PST

    We Just Launched The Lightning Network Across Australia

    Posted: 03 Jan 2019 03:23 PM PST

    10 Years Today!

    Posted: 03 Jan 2019 06:53 AM PST

    Spotted in Vienna!

    Posted: 03 Jan 2019 01:23 PM PST

    How long needs a raspberry pi3+ to sync from 0 to full? I know because I did: Its 19 Days

    Posted: 04 Jan 2019 03:32 AM PST

    So I got a Raspberry pi 3+ and a Samsung MU-PA500B SSD, installed a headless raspbian and bitcoin core and let it run on Dec 16 and today it finally finished syncing :)

    My internet connection is a 100Mbit down / 20Mbit up cable line and this bitcoin.conf settings work best for me:

    daemon=1

    logips=1

    maxconnections=40

    maxuploadtarget=5000

    txindex=1

    rest=1

    server=1

    walletrbf=1

    dbcache=100

    I don't have swap and dbcache=100 lets the bitcoin core daemon use ~800MB of memory which works nice for the pi.

    Lessons learned? Not really, running bitcoin core is easy as fuck, simply fire&forget, the fun part starts now when a personal electrum server and a lightning node will come on top, but however there indeed was a lesson I learnt: Don't use fancy shmancy file systems like btrfs on your ssd because creating of swap files is not supported and it took me hours to find out this simple fact^^

    submitted by /u/FieserKiller
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    On Thursday, the online retailer Overstock announced it would pay a part of its Ohio state business tax using Bitcoin. From "magic internet money" to a major business paying US taxes with it in under 10 years.

    Posted: 03 Jan 2019 10:39 AM PST

    Wallet of Satoshi - World's 1st User Friendly Lightning Wallet

    Posted: 04 Jan 2019 01:52 AM PST

    Happy 10th! Keep climbing!

    Posted: 03 Jan 2019 11:26 PM PST

    As seen in NYC today.

    Posted: 03 Jan 2019 10:24 AM PST

    10 years ago, money changed forever.

    Posted: 03 Jan 2019 08:31 AM PST

    10 year party about to start in Tel Aviv!

    Posted: 03 Jan 2019 09:55 AM PST

    You Can't Beat Math!

    Posted: 03 Jan 2019 04:20 PM PST

    Whether you're referring to the fact that there's only about 17.5 million Bitcoin and 7.5 billion humans, or you're referring to the fact that there's more and more dollar Cost averaging holders being introduced into the system every day is irrelevant. In the end as more and more people take possession of their private keys and as the preset inflation rate of Bitcoin continues to chug along, it will be out of the Legacy financial institutions control as far as the Ascension of Bitcoin. Remember that after the next halvening bitcoin will have an inflation rate less than gold! Compounding that with the continued evolution of the 2nd layer solutions should make for a very promising future for our currency.

    submitted by /u/BitcoinCanSaveUsAll
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    Bitcoin White Paper Webcomic by Comics Legend Scott McCloud - 10 years of Bitcoin

    Posted: 04 Jan 2019 03:39 AM PST

    User published "Bitcoin Anonymity Guide" - Medium account suspended

    Posted: 03 Jan 2019 06:55 AM PST

    Suspended account:

    https://medium.com/@rickytheghost1981/bitcoin-anonymity-guide-2019-how-to-use-btc-like-a-straight-up-g-e3bf55f680fa

    Here is a copy of the "controversial" article:

    https://www.coincache.net/2019/01/02/bitcoin-anonymity-guide-2019-how-to-use-btc-like-a-straight-up-g/?v=3e8d115eb4b3

    Edit: I am not the author. Credits go to /u/Rmr1981

    Edit 2: Medium unsuspended the account and article is back online.

    submitted by /u/qertoip
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