Bitcoin Daily Discussion, March 31, 2019

Daily Discussion, March 31, 2019
When Bitcoin is not sold for Fiat, but exchanged for assets. On this day we shall know Moon.
Something strange just happened. I just bought some BTC, but it didn't send the entire market in to a nose-dive this time. In fact, it just went up higher.
Bitcoin has reached an interesting point in its life cycle. So many are negative for the present while so many are positive for the future. Exciting times.
I just came back from the year 2025 and this was the top post on Reddit
Running Bitcoin core for 17 days
Zebpay Integrates Bitcoin Lightning Payments on Its Mobile App
PSA: DO NOT USE BITPAY UNDER ANY CIRCUMSTANCES..
GitHub - arcbtc/Ziggy: Engaging with lightning network through RFID/NFC
One of the largest banks in Sweden, Swedbank, may have been used for extensive, systematic money laundering for nearly a decade. A total of USD 5.8 billion has been funneled between suspect accounts in Swedbank and Danske Bank in the Baltics.
New Zap Point-of-Sale App Enables Merchants to Accept Lightning
Craig Wright "Filing Lawsuits" Against People Denying He is Satoshi Nakamoto
Plugin to accept Bitcoin Lightning payments at WooCommerce stores, using LND.
Bitcoin and Friends ep1!! :D
Anyone else see a buy signal?
Future of Bitcoin
Best Resources for Learning Blockchain Development in 2019
Since CB is shutting off Shift cards, what's the next best option for making BTC purchases using a debit card?
INFLATION: “The Invisible tax” 2018 inflation rate was 2.2% but the average savings rate was 08% . This is why fiat currency is the worst form of money.
Nearly A BILLION People's PRIVATE DATA LEAKED In One of the 'BIGGEST BREACHES Ever'
It turns out scammers arn't that smart, they just depend on STUPID victims...
Bitcoin wages
Bitmain Announces Antminer s17 Date: Can It Turn the Company’s Fortunes Around
only 8 connections, no incoming
TAKE MY HIGH ENERGY (in 26 hours)!!!

Daily Discussion, March 31, 2019

Posted: 31 Mar 2019 12:00 AM PDT

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
[link] [comments]

When Bitcoin is not sold for Fiat, but exchanged for assets. On this day we shall know Moon.

Posted: 30 Mar 2019 12:02 PM PDT

submitted by /u/cryptonaut414
[link] [comments]

Something strange just happened. I just bought some BTC, but it didn't send the entire market in to a nose-dive this time. In fact, it just went up higher.

Posted: 31 Mar 2019 02:23 AM PDT

submitted by /u/AnotherSmegHead
[link] [comments]

Bitcoin has reached an interesting point in its life cycle. So many are negative for the present while so many are positive for the future. Exciting times.

Posted: 30 Mar 2019 07:04 PM PDT

submitted by /u/Kashpantz
[link] [comments]

I just came back from the year 2025 and this was the top post on Reddit

Posted: 30 Mar 2019 12:09 PM PDT

submitted by /u/FutureNipple
[link] [comments]

Running Bitcoin core for 17 days

Posted: 31 Mar 2019 12:12 AM PDT

submitted by /u/D0D
[link] [comments]

Zebpay Integrates Bitcoin Lightning Payments on Its Mobile App

Posted: 31 Mar 2019 12:56 AM PDT

submitted by /u/crypto_trading_stats
[link] [comments]

PSA: DO NOT USE BITPAY UNDER ANY CIRCUMSTANCES..

Posted: 30 Mar 2019 11:18 AM PDT

Facts

-BitPay has, as of March 3rd, 2019, requested that FirstView Financial, LLC, the issuers of their PrePaid Visa Debit Cards (for which BitPay users hold a bank account), halt ALL access to cash held in its users accounts, except for signature purchases at a merchant. This includes all cash-back transactions, ACH transfers to another Bank Account, and ALL ATM WITHDRAWLS.

-FirstView Financial, LLC is insisting that BitPay is in fact in control of this- however, as BitPay only serves as a means of exchange, they can only request that this action be taken by the Card Issuers. FirstView Financial has obliged this request.

-BitPay is stating that this is due to a "Systems Upgrade" being completed to make transactions smoother. However, after 3 weeks, neither BitPay nor FirstView Financial, LLC is able to give an estimate as to when these "Systems Upgrades" will be completed. BitPay has convinced FirstView Financial, LLC to make false statements regarding the true nature behind this move.

-The change was made without warning, and while both FirstView Financial and BitPay insist that users were notified via email, I have personally confirmed the 5/5 users of BitPay, including myself that I personally know, never received such communication.

-FirstView Financial does not have any physical branches, but is in fact an interstate bank. They are legally mandated to allow access to physical currency for their account holders. They are not.

-BitPay in fact hid this information, buried in their FAQ section.

-No warning is given prior to making a deposit to the Visa Debit Card. Customers only become aware of this limitation after attempting to gain access to their cash.

-BitPay will not reverse any transfers made to the cards.

-Neither BitPay nor FirstView Financial is able to provide any details as to why they might be performing a "systems update," stating only that it is for improvement.

-Both companies have shown a readiness to conduct underhanded and deceitful tactics to cover up what is actually transpiring.

Speculation and Common Sense Reasoning

Anyone knows that no "systems update" takes 3 days, let alone three weeks. Yet after 3 weeks, it appears that there is no plans to bring back cash withdrawals via the ATM card, cash-back pin transactions or ACH transfers. Furthermore, the BitPay system has functioned flawlessly for years. And if there was no reason to lie, than bitpay could have easily displayed messages in their app warning users or prominently on their homepage, or even as an alert when logging into a users account- they did not. It further appears they are telling people that they recieved an email that was never sent.

The most plausible explanation is that they are under investigation for failing to comply with AML and KYC regulations required by a crypto-fiat exchange. Had their suspension of Cash access been a well planned undertaking, then it could be argued that they simply planned to phase that out to avoid the costs associated with proper identity verification, but their willingness to lie, and convince FirstView Financial to lie suggests that they in fact are working hard to cover up the truth.

With this in mind, I do not think it is unreasonable to question the conrinued future access to any funds deposited to a prepaid BitPay Visa debit card- even if the user only wishes to spend them at certain merchants with a signature transaction.

What to Do

-Firstly, I suggest anyone with any funds on a BitPay Visa Debit all call FirstView Financial LLC and demand access to their CASH. While FirstView will insist that they are not in control, every person with cash in a BitPay Visa Debit account has an account- unlinked to BitPay in any regard- solely in their own name. No bank is allowed to restrict access to its customers funds (up to $250,000 at a time), saying they can only "spend" the money at merchants who accept Visa.

-Demand answers from BitPay! They are being offensive in trying to say they are conducting a systems upgrade.

-Demand BitPay reverse any and all deposits made without this knowledge.

-Make complaints against BitPay and FirstView Financial, LLC to any regulatory body that will take them.

-Finally, this is a legally actionable offense. I am currently seeking an adequate law firm willing to take on a class action suit against both companies- if anyone can help in that endeavour, please comment below.

‐-------

Let's not let these two Companies' reckles, careless and fraudulent activities tarnish the reputation of Bitcoin. Let's not let another individual profit by lying to the community!

submitted by /u/Nycmdthroaway
[link] [comments]

GitHub - arcbtc/Ziggy: Engaging with lightning network through RFID/NFC

Posted: 31 Mar 2019 02:46 AM PDT