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    Bitcoin Daily Discussion, April 04, 2019

    April 04, 2019

    Bitcoin Daily Discussion, April 04, 2019

    Daily Discussion, April 04, 2019

    Posted: 04 Apr 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
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    Bitcoin Optech Newsletter #40 - Bitcoin Core 0.18 release candidate, schedule for switching to Bech32, notable code changes in Bitcoin Core and LND and more

    Posted: 04 Apr 2019 02:49 AM PDT

    Getting ready for $6000!

    Posted: 04 Apr 2019 02:33 AM PDT

    Moon Boys

    Posted: 03 Apr 2019 06:14 AM PDT

    TOASTY REVELATION: Bitcoin is currently tracking with avocado prices

    Posted: 03 Apr 2019 02:59 PM PDT

    Perspective

    Posted: 03 Apr 2019 02:31 PM PDT

    Just made a small purchase with Lightning, the fee was 0.003 satoshi, or about $0.00000015

    Posted: 03 Apr 2019 10:06 PM PDT

    It was a simple post on Yalls for testing.

    The payment went through 2 intermediate nodes, one of which didn't charge anything and the other just a fraction of a satoshi (3 millisatoshi).

    While the mempool is getting full and on-chain payments fees are increasing, fees on the Lightning Network are still incredibly cheap and the same as any other day.

    ​

    LND output:

    { "payment_error": "", "payment_preimage": "***", "payment_route": { "total_time_lock": 570196, "total_amt": 150, "hops": [ { "chan_id": 621791417835454464, "chan_capacity": 5000000, "amt_to_forward": 150, "expiry": 570186, "amt_to_forward_msat": 150000, "fee_msat": 3, "pub_key": "033d485a2aa57e0b868da2e5c32471c3256f9114734b78abfa6a e55cbdacbd5c3d" }, { "chan_id": 616646802936168449, "chan_capacity": 9000000, "amt_to_forward": 150, "expiry": 570156, "amt_to_forward_msat": 150000, "pub_key": "0303a518845db99994783f606e6629e705cfaf072e5ce9a4d8bf 9e249de4fbd019" }, { "chan_id": 623722160164241409, "chan_capacity": 5000000, "amt_to_forward": 150, "expiry": 570156, "amt_to_forward_msat": 150000, "pub_key": "03d06758583bb5154774a6eb221b1276c9e82d65bbaceca806d9 0e20c108f4b1c7" } ], "total_fees_msat": 3, "total_amt_msat": 150003 } }

    ​

    submitted by /u/bitbug42
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    I have wanted to make this picture since I saw the original wizard back in 2014

    Posted: 03 Apr 2019 08:03 PM PDT

    Bitcoin Nerd for a second! What a feeling!

    Posted: 04 Apr 2019 01:21 AM PDT

    My students have just asked me about how old I am and whether I own any bitcoin.

    I said: I am older than the internet and I bought my first bitcoin in times when Google auto-corrected "bitcoin" to "bacon".

    Haha ... What a nerd! +10000000%%%%% respect.

    submitted by /u/crypto_millennial
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    I would like to start investing in cryptos

    Posted: 04 Apr 2019 12:36 AM PDT

    Hi, I'm a 26yo male doctor in Thailand with more than enough savings.

    ​

    I would like to diversify my money and I've heard of bitcoins long before any of the derivatives are born.

    ​

    How should I start? what are the trusted site/apps ?

    ​

    How can I know I'm not signing up for a scam website and takes my money? Which cryptos are trustworthy? I heard of stupid cryptos like Ponzicoins that people got fucked over

    ​

    I would appreciate if replies are serious and not more memes

    submitted by /u/sinistermack
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    I Keep Buying Bitcoin!

    Posted: 03 Apr 2019 04:45 PM PDT

    A few months ago I bought my first BTC which was about $100 worth, ever since that first transaction I've been buying small amounts and now it's sort of become a thing for me. I'm not really a "spender" type of person but I do get the urge of wanting to buy something every now and then so instead of finding a random item to buy and never use again I "buy" Bitcoin. I don't have any friends who's into crypto and I just wanted to share this, :)

    submitted by /u/cmajorlips
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    Bitpanda received the payment service provider license (PSD2)

    Posted: 04 Apr 2019 03:15 AM PDT

    Is spending 100 million dollars on an asset in one day a common strategy?

    Posted: 03 Apr 2019 10:32 PM PDT

    Is there a reason an institution would do this instead of spreading it out over a few months? Were they trying to grab the bitcoins before their involvement jacked the price up or were they trying to be highly visible to cause a price spike. Just wondering if someone with experience in these areas could shed some light on it.

    submitted by /u/strange_fate
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    I just wanted to introduce myself. My name is Bitcoin Bill, and I’m flying to the moon. ��

    Posted: 03 Apr 2019 12:08 PM PDT

    This is how Bitcoin bulls feel right now ("BitCoin Knight" by Edison Moody)

    Posted: 03 Apr 2019 01:04 PM PDT

    I've Been Illustrating Each One of Bitcoin's Price Milestones Since the Original 2017 Bull run

    Posted: 03 Apr 2019 05:29 PM PDT

    I've Been Illustrating Each One of Bitcoin's Price Milestones Since the Original 2017 Bull run

    Back in 2017, I started drawing Bitcoin price cartoons to commemorate each new thousand dollar milestone. They were fun and people generally liked them, but we all know how the price dropped from $20,000 and proceeded to flounder for over a year.

    It now seems like I'm going to get the chance to give this a second go.

    My very first price cartoon, from 2nd of May, 2017

    ​

    In many ways, the climb back upwards to $20,000 (and beyond!) has felt a lot harder than the original run-up, and it's because the market actually has an ATH to measure itself against now. The first time around, we simply couldn't believe how fast and high we were flying. There was no limit to our ambitions! /s

    ​

    When Bitcoin first hit $9000 in Nov 2017, everybody made the same joke simultaneously

    ​

    But it's 2019 now and many have found their belief in crypto shaken by the long winter. We've lost so many of the so-called "weak hands" of 2017, and that term portrays them as players who need to leave the table in order for serious parties to take control. In my mind though, it's equally likely that they simply didn't understand what they were getting into and just couldn't take such huge losses.

    Many people don't fully understand what they're getting into when they first try something that looks interesting; they learn through experience. That's how I got into crypto back in 2014, but I have a big advantage over the 2017 newbies because I'd already lived through one crypto winter.

    I know a lot of my friends were like this, and they now simply refuse to look at any crypto market because they were so burned by 70% losses. I feel bad for them, of course, and I want them all to come back in time to see some decent gains. I'm doing that passively now though, through the art. Every time they see my work on Twitter, FB, or IG, it's a subtle reminder to reconsider their opinions.

    ​

    I started illustrating the price again when we bottomed out at $3200 and started the climb to $4k

    ​

    I believe that if we keep making headway this month, this will kick off THE definitive bull run of Bitcoin's second decade in existence, and I'm really glad to still be around to illustrate the journey.

    In case you missed the link above, my whole gallery of price cartoons is at https://cryptopop.net/tag/price/ and you can follow me for real-time Bitcoin cartoons on Twitter @helloluis and IG @cryptopop.

    submitted by /u/helloluis
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    He who climbs upon the highest mountains laughs at all tragedies, real or imaginary - Friedrich Nietzsche

    Posted: 04 Apr 2019 04:04 AM PDT

    "What is Bitcoin?" is trending on Google... This is not just us regular guys. This is new people who are standing at the entrance to rabbit hole.

    Posted: 03 Apr 2019 09:59 AM PDT

    Looks like I can buy all my clothes from now on with lighting...

    Posted: 03 Apr 2019 08:26 PM PDT

    Looks like I can buy all my clothes from now on with lighting...

    This is so cool... Grassroots California is my favorite hat & clothing brand, too. +1 for them in my book.

    https://i.redd.it/6wbrxbyi16q21.png

    submitted by /u/r0zar
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    Bitcoin mempool getting ridiculously high

    Posted: 03 Apr 2019 07:15 PM PDT

    is anyone working on a Bitcoin Wallet that utilizes Apples Secure Enclave?

    Posted: 04 Apr 2019 12:47 AM PDT

    As the title says, is anyone working on (or know of a project) that plans to utilize Apples Secure Enclave for generating, storing and signing private keys?

    ​

    Thanks

    submitted by /u/aItalianStallion
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    Along With Bitcoin's Prices, Lighting Network Numbers Explode

    Posted: 03 Apr 2019 09:54 PM PDT

    'I Fu%*ng Told You So' - John McAfee Declares Bitcoin Bear Market Over

    Posted: 03 Apr 2019 11:43 AM PDT

    Bitfinex has it's own personal time zone it seems. Bitfinex situation follow up.

    Posted: 03 Apr 2019 10:12 PM PDT

    *Edit* It has taken us a long time but with the help of social media, we've managed to resolve any of the current issues we had with Bitfinex. Thank you, everyone.

    So this is a follow up/update on a slightly older thread that was posted here: https://www.reddit.com/r/Bitcoin/comments/b6g9vm/bitfinex_will_charge_1_for_express_24hrs/I've also shared this on twitter: https://twitter.com/embilysays/status/1113662973501829120

    So, we have been having an issue withdrawing money from Bitfinex. Our two fiat withdrawals worth 40,000 USD have been stuck there for over a month now. We have a corporate account with Bitfinex, fully verified, been a client for 1.5 years.

    After trying to get the withdrawals sent to our bank for a month, we posted a series of posts on social media and soon enough, Bitfinex said they will refund the withdrawals back to our account.

    During that month they delivered 10X times worth of EUR withdrawals to the same bank account without any issue, so I assumed they are just having issues with USD again and are "saving face" by giving us the "concern of your account activity" excuse. Great! We thought we can withdraw in crypto and convert to fiat and get it to our bank via a different channel. But 24 hours later the funds have not been credited back yet, so we inquired with the support yet again and here was their reply.

    Ok, we thought, since we are in Asia, it's probable that the admin is in the US somewhere and they will credit it during our night time. Buuuut 3 days have passed and the funds have not been credited back yet. So I am pretty sure that 3 days covers all the existing time zones on planet earth, so I guess either Bitfinex admin is working from another planet or they are just trying to keep our money hoping that we will let it go. Since then we have sent another 10 emails to support. So far, all have been left without any answers. Maybe the support is still hungover from celebrating Aprils Fools day or as it is known in Bitfinex "Our Customer day".

    Last time we started posting things on social media platforms, we got some responses. We're hoping this will have the same effect as last time by posting again.

    submitted by /u/VeryAngryFish
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    Looking for a safe site to buy Bitcoins from.

    Posted: 04 Apr 2019 02:14 AM PDT

    Can anyone recommend a good safe place to purchase bitcoins from.Not Coinmama or Localbitcoins as they have taken me for over £1000 the last few weeks so need to find somewhere that gives you the coins and doesnt scam you before i am total skint.Thanks

    submitted by /u/micoins
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    Is this valid or a scam? From MtGox attorney

    Posted: 04 Apr 2019 04:28 AM PDT

    I received an email claiming to be from the Mt Gox attorney:

    The email address is: mtgox_assessment@noandt.com

    I did use Mt Gox way back, but I dont remember if I had a remaining balance.

    To MtGox users

    You have received this email because you are a user of the Bitcoin exchange provided by MtGox Co., Ltd. ("MtGox") who did not file a proof of rehabilitation claim(s) under the civil rehabilitation proceedings for MtGox (the "Civil Rehabilitation Proceedings").

    On March 15, 2019, the Rehabilitation Trustee approved or disapproved rehabilitation claims regarding MtGox Bitcoin exchange users' rights to make claims against MtGox for return of cash or cryptocurrency, and submitted to the Tokyo District Court a statement of approval or disapproval.

    Although you did not file a proof of rehabilitation claim(s) under the Civil Rehabilitation Proceedings, we found a remaining balance in your account on the MtGox database. This remaining balance was approved by the Rehabilitation Trustee as a self-approved rehabilitation claim(s), which is a rehabilitation claim that the Rehabilitation Trustee needs to approve pursuant to the Civil Rehabilitation Act if it is aware of its existence.

    However, on March 28, 2019, certain rehabilitation creditors who filed their proofs of rehabilitation claim objected to your self-approved rehabilitation claim(s). In order to preserve your self-approved rehabilitation claim(s) under the Civil Rehabilitation Proceedings, you need to file a claim assessment procedure for your self-approved rehabilitation claim(s) with the Tokyo District Court by no later than May 7, 2019 (Japan Time) (date of arrival). If you do not file a claim assessment procedure for your self-approved rehabilitation claim(s) by May 7, 2019, you will lose your rights as a self-approved rehabilitation claim(s).

    If you wish to file a claim assessment procedure, please reply to this email and state the sentence below in the body of your reply. Please note that we will not accept your reply sent from an email address different from the email address that received this email.

    "I wish to file a claim assessment procedure for my rehabilitation claim(s) to which an objection was made."

    If we receive your reply containing the above sentence, the Rehabilitation Trustee will send you an email showing the amount of your self-approved rehabilitation claim(s) and describing how to file a claim assessment procedure, along with a PDF form of the application.

    If you do not wish to file a claim assessment procedure, you do not have to take any action. However, as mentioned above, please note that you will lose your rights as a self-approved rehabilitation claim(s).

    For further details, please refer to the Q&As by clicking on the following link:

    https://www.mtgox.com/img/pdf/20190403_qa_en.pdf

    Rehabilitation Debtor: MtGox Co., Ltd. Rehabilitation Trustee: Nobuaki Kobayashi, Attorney-at-law

    submitted by /u/Lilipucian
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    How to receive funds on lightning network?

    Posted: 04 Apr 2019 02:39 AM PDT

    I installed Eclair, opened 2 channels funded by me and I wish to receive a payments. However, my total receive is zero as I funded the channels and nobody funded a channel to me, am I correct?

    Are there any services where they open a channel back to you or is there another way to receive a payment on my lightning wallet?

    submitted by /u/POTUS2020
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