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    Bitcoin Daily Discussion, April 20, 2019

    April 20, 2019
    Bitcoin - The Currency of the Internet

    Bitcoin Daily Discussion, April 20, 2019

    Daily Discussion, April 20, 2019

    Posted: 20 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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    Bought my first ever meal with Bitcoin! Got a weird euphoric feeling, anyone else had that feeling before when making your first purchase?

    Posted: 19 Apr 2019 06:26 PM PDT

    Argentina's inflation 54.7% in 12-months

    Posted: 19 Apr 2019 10:10 PM PDT

    Today a bank wouldn’t let me transfer money to my other bank. On the call I said “ I feel like I’m trying to send my money to another account i have but someone won’t let me move my money” all I could think about was “only if this was crypto”... things will change. It’s a matter of time.

    Posted: 19 Apr 2019 07:12 PM PDT

    Bitcoin is the marshmallow study for adults

    Posted: 19 Apr 2019 11:52 PM PDT

    The marshmallow study is the longest running human study ever made. Toddlers were given marshmallows and told if they dont eat it in 10 minutes while they're by themselves with the marshmallow, they will be given 2 marshmallows. 90% of toddlers ate the marshmallow and failed. Later in life the 10% who didn't eat the marshmallow had better lives, longer marriages, and financial stability. While the other 90% had the opposite outcomes. Bitcoin is doing the same I see now. Those of us who can resist short term happiness from the money we put in now can let it grow for long term gains.

    The study found the biggest difference in the kids was the 90% that ate the marshmallow looked at it constantly, causing them to eat it. The 10% who didn't eat it, distracted themselves by looking away from it. So psychologically the answer to their results was to forget about/ignore their short term happiness to be able to make it to the long term gain. So if you want the best odds at doing the same with btc, ignore it when it's down from your buying point, & ignore it when it's up to in general. Psychologically if you look at it while it's up or down, you'll be tempted to withdraw.

    Don't take the short term happiness in sacrifice for your long term gains/financial freedom.

    submitted by /u/RemarkableNotice5
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    It's delicious

    Posted: 19 Apr 2019 07:29 AM PDT

    Distressed Nation: Each American Would Owe $700,000 To Eliminate Worsening Debt Situation

    Posted: 19 Apr 2019 11:21 PM PDT

    Andreas Antonopoulos: Just because you don't need bitcoin, doesn't mean it's not needed.

    Posted: 20 Apr 2019 12:27 AM PDT

    South African consumer inflation quickens to 4.5 pct in March

    Posted: 19 Apr 2019 10:15 PM PDT

    The story of my first bitcoin. Hopefully someone will learn from my mistake.

    Posted: 19 Apr 2019 07:17 PM PDT

    My brother had told me all about this new type of internet money that no one entity controlled, it intrigued me. I had decided to cash in the change I had been collecting for the past year to I buy my first bitcoin at 740 Canadian (Late 2013 I believe). Saw it rise to over 1000 USD then Mt.Gox happened.. Ofc it nose dived, to 200 USD and for about 2 years did nothing. Then it started to go off again and it hit around 1000 USD again.. I decided I would sell out of .7 of it to buy CSGO skins hahaha (digital goods) this was early 2017. I had to watch bitcoin triumphantly rise to 20k thinking what have I done!! I held this thing for years!! Don't make the same mistake I did. Our previous ATH will be crushed just like every past one. I thought I would never be able to buy another bitcoin but I was blessed with this bear market. I took it as an opportunity to rewrite my past mistake. Hodl strong my friends!

    submitted by /u/iambabyjesus90
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    Beware of this scam if you're selling your bitcoin for cash

    Posted: 19 Apr 2019 01:50 PM PDT

    I'm writing this post while being overwhelmed by what happened to me but I have to warn everybody selling bitcoin for cash against this scam as it could cost you a lot (it cost me 1 bitcoin).

    I got contacted by someone wanting to buy bitcoin with cash on localbitcoins, we then sent messages on Telegram to make an appointment.

    One thing you need to know first is that Telegram recently made a change to allow deleting messages on other people's devices, this is relevant to how the scam works.

    Cutting to the chase: I went to see the guy in a café, he was there with another guy, he handed me the cash and I counted it, then he sent me his bitcoin address on Telegram, I copied the address in my wallet and sent him the 1 btc as promised.

    I check the transaction on blockchain, it had 1 confirmation at the time but he showed me his phone and there was nothing in his wallet, I check Telegram to check the address again and I realized he deleted the conversation on my device too! so I had no proof that I sent him the bitcoin to the address HE gave me after giving me the money!! So the bitcoins got sent to his address but his phone had a totally different wallet!

    This is where he gets aggressive and basically just starts threatening me and all of a sudden they're both attacking me trying to get the cash I just put in my pocket, I yell so people can call the cops and one runs away with some of the money and the other is trying to grab the rest. Cops come and catch the one guy and now they're looking for the second one.

    I checked the address that I sent the btc to and apparently it also received 5 btc the same day (yesterday), so if you have any idea who this address belongs to or someone who got scammed the same way, get in touch as I'm trying to help cops catch the second guy and hopefully get my bitcoin back. This happened in Paris.

    Lesson 1 : do not meet more than 1 person for a cash trade, it is risky.

    Lesson 2 : do not sell a large amount the first time until you trust the person.

    Lesson 3 : if you do sell a large amount, send a small amount as a test.

    Hope this prevents other people from getting scammed, be safe everyone!

    submitted by /u/8ballfan
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    March Inflation in Brazil is the Highest in 4 Years

    Posted: 19 Apr 2019 10:12 PM PDT

    "To link your bank account, we require your bank account login name and password." NEVER AGAIN

    Posted: 19 Apr 2019 11:45 PM PDT

    To be able to accept credit card payment for my freelancing work, I signed up for an invoicing/payments platform.

    To get the funds from those customer payments into my personal bank account, this service asked me to provide my bank account's username and password "to verify".

    After doing so (after first changing my bank account password to something temporary, of course), I watched the screen show:

    "Verifying ..." "Verifying ... ..." "Verifying ... ... ..."

    There was 30 seconds of this, 45 seconds, .. 60 seconds, and I'm now really regretting my temporary moment of weakness. What was I thinking? Those bastards are sucking the data on every bank transaction I've had over the past several years.

    Who are these people? I don't know them. What are they going to do with all my bank history data? I check ... their privacy policy indeed says they pull in my bank transaction history.

    Every. single. transaction.

    To make things worse, the service they use to suck my bank data, Plaid,

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