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    Bitcoin Daily Discussion, June 09, 2019

    Bitcoin Daily Discussion, June 09, 2019


    Daily Discussion, June 09, 2019

    Posted: 09 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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    Sunday stream - Breaking Bitcoin

    Posted: 09 Jun 2019 01:43 AM PDT

    Think BTCs $140B market cap is high? 9 years ago, the federal reserve "lost" 9 TRILLION dollars.

    Posted: 08 Jun 2019 02:19 PM PDT

    We have reached new all time highs!!!

    Posted: 09 Jun 2019 01:06 AM PDT

    Saw this epic poster in Soho, London

    Posted: 08 Jun 2019 04:31 PM PDT

    Where can I contribute to buy Andreas Antonopoulos a decent microphone?

    Posted: 08 Jun 2019 09:53 PM PDT

    That laptop microphone makes many of the more informative videos disturbing to listen to. Its like listening to the guy in the bathroom stall next to me talking on the phone. I'll really give a decent amount if I knew it would make a difference.

    submitted by /u/watahboy
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    Don’t be fooled

    Posted: 08 Jun 2019 09:10 PM PDT

    In Chinatown in Toronto ����

    Posted: 08 Jun 2019 06:58 PM PDT

    I just started watching Silicon Valley and noticed that Erlich is wearing a Bitcoin t-shirt in binary

    Posted: 08 Jun 2019 10:55 PM PDT

    Spotted in Bristol,VA

    Posted: 08 Jun 2019 01:19 PM PDT

    Stayed in a youth hostel, people still don't even know what Bitcoin is

    Posted: 08 Jun 2019 11:54 AM PDT

    I'm actually suprised. We were 4 people on the table.

    Girl from Canada (24)=No idea.

    Guy from AU (22)=Heard of it before but he doesn't know anything about it.

    Guy from Germany (25)=Never heard of it before.

    I tried to explain but they didn't understand.

    submitted by /u/lol31lol
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    Annual minimum prices as a measure of HODLers of Last Resort

    Posted: 08 Jun 2019 11:17 AM PDT

    It’s game over for the Fed as the central bank’s credibility crumbles

    Posted: 08 Jun 2019 02:51 PM PDT

    You’re welcome

    Posted: 09 Jun 2019 03:45 AM PDT

    All Trezor Hardware Wallets vulnerable to unpatchable seed extraction attack

    Posted: 09 Jun 2019 03:43 AM PDT

    All Trezor Hardware Wallets vulnerable to unpatchable seed extraction attack

    Just heard this announcment from the Ledger talk at Breaking Bitcoin.
    All Trezor hardware wallets vulnerable to unpatchable phyisical access attack.

    https://i.redd.it/i2o0akdc8b331.png

    submitted by /u/po00on
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    Top 4 Privacy Features That Will Boost Bitcoin Fungibility - Bitcoinist.com

    Posted: 08 Jun 2019 08:08 PM PDT

    *Stupid Question* Selling for a loss

    Posted: 09 Jun 2019 02:52 AM PDT

    Let's say I buy $25 worth of BTC and later sell it for a loss of $19. Do I have to worry about taxes at all? I'm pretty new when it comes to this stuff and I haven't really found an answer that made sense to me. Based in the US.

    submitted by /u/vinnoitcelloc
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    Hyperbitcoinization - Explore the future

    Posted: 09 Jun 2019 12:40 AM PDT

    Assume that it's some time in the future where hyperbitcoinization has previously occurred. BTC is the only form of money being used globally by all people, businesses, machines, etc.

    Explain an activity required by society and how it works after hyperbitcoinization.

    E.g. Banking (Trade Finance, Custody), Taxes, Public Services (Infrastructure, Education, Healthcare, etc.), Operating Charities and NGOs, Justice (Investigations, Judgements, Penalties), Military, Transport, Work, etc.

    submitted by /u/E_he
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    Lightning Will Take 10 Months for What Took Bitcoin 10 Years

    Posted: 08 Jun 2019 10:47 AM PDT

    Pros and Cons of Cash App

    Posted: 08 Jun 2019 05:20 PM PDT

    Hi everyone - I'm newer to hodling and am using the Cash app to buy.

    I also see comments about "not your keys not your coins", and want to better understand what this means as well as whether or not I'm doing it right with Cash App.

    To me it's been working great, but are the coins really mine?

    Someone more knowledgeable please help!

    submitted by /u/tharpoonani
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    Ledger Nano X Review: A Big Improvement, but Not Perfect

    Posted: 09 Jun 2019 12:50 AM PDT

    Prices

    Posted: 09 Jun 2019 02:03 AM PDT

    What level is everyone next buying in at next?

    submitted by /u/PizzaPantsPaul
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    How do pools coordinate their miners so that no one wastes work?

    Posted: 08 Jun 2019 12:02 PM PDT

    Hello, I am trying to understand how a pool operator makes sure that miners do not check the same nonce and hence waste time and work.

    In my head I have the following analogy: I have a bookshelf with 30 books. One of the books has a $10 bill (the reward). A friend and I are checking each book. If we just check the books at random, my friend could check a book I have already opened. So it would be best to coordinate: I start from the left end, he starts from the right end. And we save time.

    Is there any such coordination by pool operators, or does every miner check nonces at random? Is there latency in communicating the coordination, or is it something that is set once and forever? If so, what happens when new miners join the pool or old one's leave the pool?

    Thanks a lot in advance!

    submitted by /u/whatdoyounotknow2
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    Error on trying to send a electrum. Required security update from electrumpad? Is this legit? It's blocking my outgoing send.

    Posted: 08 Jun 2019 04:28 PM PDT

    The Day When Computers Can Break All Encryption Is Coming

    Posted: 09 Jun 2019 04:16 AM PDT

    How To Buy Bitcoin In New Zealand (Complete Guide)

    Posted: 08 Jun 2019 12:27 PM PDT

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