• Breaking News

    Monday, June 17, 2019

    Bitcoin Blind Statechains – moving UTXOs without touching the chain (Ruben Somsen @ Breaking Bitcoin 2019)

    Bitcoin Blind Statechains – moving UTXOs without touching the chain (Ruben Somsen @ Breaking Bitcoin 2019)


    Blind Statechains – moving UTXOs without touching the chain (Ruben Somsen @ Breaking Bitcoin 2019)

    Posted: 16 Jun 2019 11:25 AM PDT

    Daily Discussion, June 17, 2019

    Posted: 17 Jun 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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    Fathers Day letter from my 10 year old daughter.

    Posted: 16 Jun 2019 03:43 PM PDT

    Craig Wright ordered by judge to prove he is creator of bitcoin. Guess Craig will be exposed for the fraud he is tomorrow!���� I'll be LMAO!!

    Posted: 16 Jun 2019 06:36 PM PDT

    Genesis Mining is one of the biggest scams in the in the industry. “Lifelong contracts” my ass. Paid $7000 for a lifelong contract, within 18 months received a total of $350.

    Posted: 16 Jun 2019 10:06 AM PDT

    REMEMBER: There will NEVER be enough BTC for all of today's existing millionaires to own just ONE.

    Posted: 16 Jun 2019 07:27 PM PDT

    There will only ever be a maximum of 21 million bitcoins. Ever.

    Total number of millionaires (in USD value) worldwide is around 33 million (source).

    The math is simple: there simply is not enough Bitcoin in the world for every one of today's millionaires to own just ONE SINGLE BITCOIN. Much less all the future millionaires that will be born as the human population approaches 10bn (source).

    If you are able to acquire even one BTC today: Enjoy the feeling.

    You are an early adopter. And one of a limited few.

    Edit: And nevermind the haters that will say something asinine like "my pubic hairs are limited in number too..." The point is that your pubic hairs have zero utility whereas every day Bitcoin proves its utility in as gold 2.0. That is all.

    submitted by /u/Kinolva
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    Venezuela UPDATE. 1 BTC is 63,120,000 Bs. Last two week it was 50,600,000 Bs. Monthly minimum wage is less than 10 USD. 798 BTC were traded last week (up from 710 BTC last week)

    Posted: 16 Jun 2019 03:05 PM PDT

    Just updating my old post. I'm a Venezuelan "living" here. AMA.

    Goverment issued new Bolivares banknotes. 10,000 Bs. / 20,000 Bs. and 50,000 Bs.. 50,000 Bs. are around 8 USD.

    This after 5 zeroes were shaved from the currency less than a year ago and 3 zeroes more 12 years ago. So it would be 5,000,000,000,000 Bs.

    Sources:

    https://coin.dance/volume/localbitcoins/VES/BTC

    https://www.bloomberg.com/features/2016-venezuela-cafe-con-leche-index/

    https://dolarsatoshi.com/

    About the minimum wage

    https://www.venezuelanews.net/news/260700087/the-president-of-venezuela-raises-the-minimum-wage

    40.000 Bs. per month plus 25.000 Bs. as food bonus, total 65.000 Bs. Around 11 USD at street rate.

    About US sanctions:

    https://www.brookings.edu/wp-content/uploads/2019/05/impact-of-the-2017-sanctions-on-venezuela_final.pdf

    AMA!

    submitted by /u/WorkingLime
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    Super bullish we, hodl we do, sell we don't

    Posted: 16 Jun 2019 06:45 PM PDT

    Bitcoin Investors Expect Supply Shock in 2020, StillMark's Killeen Says

    Posted: 16 Jun 2019 06:06 PM PDT

    Those who don't own bitcoin yet are just being procrastinators.

    Posted: 16 Jun 2019 10:08 PM PDT

    This not aged well :D - Economist 28/3/2019 "Flaws in Bitcoin make a lasting revival unlikely"

    Posted: 16 Jun 2019 06:06 PM PDT

    Just set up two recurring monthly buy orders on Gemini, been in game a while first time dollar cost Averaging

    Posted: 16 Jun 2019 08:30 PM PDT

    Long term hodler, decided dollar cost average is a decent way to buy what you can afford and keep constant flow into the game.

    submitted by /u/hodIing
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    What was the first thing you bought with Bitcoin?

    Posted: 16 Jun 2019 09:46 PM PDT

    India Imposes Tariffs on U.S Products While Local Bitcoin Trading Soars

    Posted: 17 Jun 2019 02:18 AM PDT

    Is anyone else depressed it's going up because they don't feel like they have enough Bitcoin?

    Posted: 16 Jun 2019 06:26 AM PDT

    Good day to jam what is still the best bitcoin jam

    Posted: 16 Jun 2019 04:00 PM PDT

    Roger Ver finally knew BCH can never be Orange.

    Posted: 17 Jun 2019 02:31 AM PDT

    Happy father's day bitcoins dads

    Posted: 16 Jun 2019 10:45 AM PDT

    With all you hassles out there, I just want to wish you all happy father's day 🎉

    submitted by /u/cryptoladyhope
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    I wrote a simple explainer of Erlay: An awesome performance improvement to the Bitcoin network

    Posted: 16 Jun 2019 06:57 AM PDT

    "We've got maybe 6 or 7 people doing 100% of the development work. And that's barely enough bodies to just keep up with backports from Core..."

    Posted: 16 Jun 2019 05:14 PM PDT

    Some interesting Lightning Network Apps (LApps) in 2019

    Posted: 16 Jun 2019 01:28 PM PDT

    ‪Gas Station in Reston, Virginia. Who said Bitcoin isn’t saturating slowly into the mainstream?‬

    Posted: 16 Jun 2019 04:53 PM PDT

    Bitcoin billionaires Tyler and Cameron Winklevoss

    Posted: 16 Jun 2019 08:10 AM PDT

    [CBS Sunday Morning] Bitcoin entrepreneurs Tyler and Cameron Winklevoss

    Posted: 16 Jun 2019 08:01 AM PDT

    Largest CoinJoin transaction to date, 125 inputs/participants, just performed

    Posted: 16 Jun 2019 03:40 PM PDT

    Bitcoin’s Price Marks 13-Month High Above $9.3K

    Posted: 17 Jun 2019 04:04 AM PDT

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