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    Friday, June 7, 2019

    Bitcoin Daily Discussion, June 07, 2019

    Bitcoin Daily Discussion, June 07, 2019


    Daily Discussion, June 07, 2019

    Posted: 07 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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    Bond Street Bitcoin ATM spitting out tons of money!

    Posted: 06 Jun 2019 08:22 AM PDT

    Warren Buffett who claims that Bitcoin is a ‘gambling device’ with ‘a lot of frauds connected with it’ loses $340 million in a Ponzi scheme

    Posted: 06 Jun 2019 12:06 PM PDT

    This Chart Shows That Bitcoin Has Never Entered A Bear Market

    Posted: 06 Jun 2019 05:00 PM PDT

    SHA256 Blockchains Current Status

    Posted: 06 Jun 2019 10:24 PM PDT

    Opened Coinbase to an interesting price.

    Posted: 06 Jun 2019 08:32 PM PDT

    P2P Bitcoin exchange Hodl Hodl has announced that their Lightning Exchange is now live!

    Posted: 06 Jun 2019 07:51 PM PDT

    Exclusive: India Proposes 10-Year Jail For Cryptocurrency Use, May Introduce Its Own Digital Currency

    Posted: 07 Jun 2019 12:00 AM PDT

    Why do/don't you run a Node, please help us understand and create better Node solutions.

    Posted: 07 Jun 2019 02:45 AM PDT

    I am trying to find out what are the reasons to run/or not run a node and therefore made a small questionnaire. It would be great if anyone here participates in answering the questions. It only takes 2 minutes (or less).

    https://forms.gle/CiH7qqFvdVXbkbjN7

    submitted by /u/Bevola
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    My answer to “but what if government will disallow the usage of bitcoin?”

    Posted: 07 Jun 2019 03:10 AM PDT

    the Bitcoin whitepaper, presented on glass

    Posted: 06 Jun 2019 03:43 PM PDT

    A c-lightning node and lightning-qt GUI running on a Nintendo Switch!

    Posted: 06 Jun 2019 02:12 PM PDT

    Practice has not helped much.

    Posted: 06 Jun 2019 11:23 PM PDT

    Not Satoshi?

    Posted: 06 Jun 2019 10:59 AM PDT

    THIS MACRO CHART SHOWS BITCOIN HAS NEVER SEEN A BEAR MARKET

    Posted: 06 Jun 2019 12:32 PM PDT

    Stack sats while it’s cheap!

    Posted: 06 Jun 2019 11:13 AM PDT

    How we all feeling?

    Posted: 06 Jun 2019 04:25 PM PDT

    Poloniex have Stolen 16.202% of some BTC account

    Posted: 06 Jun 2019 12:37 PM PDT

    Dear Poloniex Customer,

    On May 26, a sudden and severe price crash in the Poloniex CLAM market caused a number of margin loans to default, resulting in a roughly 1800 BTC generalized loss across the Poloniex BTC margin lending pool. We are writing because you have been impacted by this loss.

    All BTC loans on Poloniex are lent in a common pool that is shared across all markets and borrowers. Today, we recognized the generalized loss across lenders in the BTC margin lending pool. As a result, the principal of all active BTC loans as of 14:00 UTC today has been reduced by 16.202%. As a lender in the pool, you will see the reduction in your account when you next log in.

    We're actively pursuing the defaulted borrowers for repayment of the BTC they owe to the lending pool. As we recover funds, we will return them to affected lenders. We're also exploring other ways to help defray your losses. As this work proceeds, we will provide regular updates.

    To learn more about this event, please refer to this blog post.

    If you have specific questions about your account please contact our customer support team at [support@poloniex.freshdesk.com](mailto:support@poloniex.freshdesk.com).

    Sincerely,

    The Poloniex Team

    submitted by /u/stephguen
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    Komodo successfully prevented the theft of $13 million worth of bitcoin and komodo by hacking its own users. ��

    Posted: 07 Jun 2019 03:46 AM PDT

    Whats happens with bitcoin testnet

    Posted: 07 Jun 2019 03:29 AM PDT

    https://chain.so/testnet/btc

    Blocks are generatef each second

    submitted by /u/Kronoslive
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    Bitcoin Mining Difficulty Hits New ATH.

    Posted: 06 Jun 2019 01:22 PM PDT

    Data from BTC.com shows that the Bitcoin mining difficulty has reached 7.46T. This figure surpasses the previous ATH of 7.45T achieved in early October 2018.

    Mining difficulty directly points to the amount of mining activity going on on the network. As the number of miners increases, so does the difficulty of mining. This also means that the network is at its highest level of security as there are more miners to verify transactions rather than just a few. It makes it more difficult at this time to reverse a transaction and so the chance of a double spend is almost non-existent.

    Sourse: https://bitcoinist.com/bitcoin-mining-difficulty-all-time-high-btc-price/

    What do you think about this?

    Share your thoughts with us, especially if you are a miner :)

    submitted by /u/SwapSpace_co
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    Aaaaand we're back to the 8k tug of war, maybe this time the breakaway is positive?

    Posted: 07 Jun 2019 01:31 AM PDT

    Recent Lightning Network Trend Concerning ?

    Posted: 06 Jun 2019 09:02 PM PDT

    According to https://bitcoinvisuals.com/lightning and https://1ml.com the total number of channels and total capacity is dropping recently, is this trend concerning? Why or why not ?

    Total number of nodes is indeed increasing still though. It's then that average number of channels per node is decreasing. I'm wondering why and what it indicates

    submitted by /u/overwhite
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    Recessions are like Bull Markets

    Posted: 07 Jun 2019 02:55 AM PDT

    90% of people dont even realize theyre in one until its too late. ;)

    submitted by /u/b0nusmeme
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    Just wanted to give you all a heads up that our Bitcoin propaganda posters are included free with a purchase of $100+

    Posted: 06 Jun 2019 04:02 PM PDT

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