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    Bitcoin Daily Discussion, July 02, 2019

    July 02, 2019

    Bitcoin Daily Discussion, July 02, 2019

    Daily Discussion, July 02, 2019

    Posted: 02 Jul 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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    r/Bitcoin recap - June 2019

    Posted: 01 Jul 2019 09:00 AM PDT

    Hi Bitcoiners!

    I'm back with the 30th monthly Bitcoin news recap.

    For those unfamiliar, each day I pick out the most popular/relevant/interesting stories in r/Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.

    You can see recaps of the previous months on Bitcoinsnippets.com

    A recap of Bitcoin in May 2019

    Adoption

    Development

    Security

    Mining

    Business

    Research

    Education

    Regulation & Politics

    Archeology (Financial Incumbents)

    Price & Trading

    Fun & Other

    submitted by /u/SamWouters
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    Euphoria tonight on HBO... :(

    Posted: 01 Jul 2019 07:23 PM PDT

    Sooo.. I've found my old wallet back after almost 6 years.

    Posted: 02 Jul 2019 01:40 AM PDT

    They all laughed when I drank. Yeah jokes on you, assholes. I'm up 4 grand leedle leedle leedle.

    Posted: 01 Jul 2019 07:49 PM PDT

    I still keep this flyer, don’t you?

    Posted: 01 Jul 2019 08:00 AM PDT

    And the "EASILY $20K BY JULY!" folks slink into the shadows, learn nothing about themselves, and return with new predictions in the next run...

    Posted: 01 Jul 2019 10:46 PM PDT

    I'm a Bitcoin criminal

    Posted: 01 Jul 2019 02:38 PM PDT

    I'm a Bitcoin criminal

    FINALLY! I'm kinda free now, so i'm gonna share my story, i'm a Bitcoin criminal.

    ​

    This all reminds me of something, what a big mistake buying a $200k department instead of getting some Bitcoin in 2009, whatever, i was earning around $4k every month as Civil Engineer, i didn't need anything else in then. Anyways, after all the mess when Chavez died we started to get less incomes because of the situation and i decided to try new stuff to make money, to secure the future, so i met BTC late in 2014 and decided to invest big in crypto mining, learned how everything work, then started with 5 Spondoolies Sp20, there we go, let's try!

    ​

    Mining BTC in Venezuela WAS profitable af, paying around $5-$7 every month in power services and making huge profits every month, as my job wasn't profitable anymore in Venezuela when Maduro came to the power and everything literally fucked up, i started to put more money in Crypto, (2nd mistake, i should get out of Venezuela instead of staying there), knew people in the business and we made a pretty nice team.

    ​

    As the situation was getting even worse every day, we use to help the people in trouble with crypto and i could make a , isn't fair that poeple in trouble couldn't do anything to save their lives in a country where the politics promised "everything free" (Be carefull with those... my beloved US people), well, the government wasn't going to pay my neighbour's daughter's thoracic aortic dissection repair surgery, but we were.

    ​

    Everything was fucked up, but we were doing good atm... Until this happened:

    ​

    https://www.forbes.com/sites/timworstall/2017/01/27/congratulations-to-venezuela-bitcoin-miners-arrested-for-stealing-free-electricity/#4ae6b47e4b03

    ​

    Witch hunt! if you're not part of the government and you're against the government, you CAN'T have money nor car nor life, and you gonna get arrested for stealing FREE energy (That i actually paid every month, $7 atm).

    ​

    They caught the first and he spoke... We were all in the list now. Before i could do something i got arrested.

    ​

    That was my crime, and i went to jail 6 months like the others, it was going to be 2 years or more, unless we paid them, cash out the BTC and paid them in $, threatening us with even burning our houses or killing familly members, some of us refused at the first "offering", then the tortures began... They were about to cut my fingers 1 by 1 but i told them if they fuck up my finger, i wont be able to cash out the money because of the fingerprint and blah blah... So they broke my hand instead of cutting off my finger.

    ​

    Only because we were civilians and professionals, the tortures didn't went too far, as they go with the political and military prissioners, until death... https://www.state.gov/maduro-dictatorship-tortures-opponent-to-death/

    ​

    There was no other way to get free, the prision was horrible, sometimes as torture, the food was delivered with pee or the number 2... Of course i throwed that in the toilet, no meals for days, then a chicken leg at the morning with a glass of water, that was the best one.

    ​

    The impotence was consuming me, the psicological damage they try to do is really big, how long can i resist? Even i tried to pay them, but no, "You have more than that in Bitcoin, we need everything, it's the commander's order (Maduro)". Couldn't even let me talk with my lawyer because we were isolated, just like a maximun security criminals.

    ​

    The hope of waiting to see if a miracle happens was gone, i was about to get crazy and literally die of hunger, so alright, i'll give you guys everything...

    ​

    Handcuffed, was taken out to my department, "Open every fucking place where you hide money, every single electronical device or we fuck you up", yes... I wasn't smart enough to somehow "Secure"some funds, so i was forced to unlock everything, computer, phone, laptop, HDDs, DVDs, even movie DVDs where they though i could have a hidden wallet or something, once unlocked, an agent started to find everything, they forced me to open wallets, exchanges, emails, social media, EVERYTHING was gone now, everything sold the same day in Localbitcoins and cashed out by them using my information.

    ​

    The payment has been done, now what? Of course they were missing something, my crypto farm and my partner's farms.

    ​

    They got everything ... Now what? I was taken back to jail, the next day they let me free under the condition "If you say something, we'll hear and we'll find you, you'll know the true pain", my lawyer? Dissapeared. Afraid of everything and without anything else, i could not talk about it inside Venezuela, the only thing remaining was an Amazon Gift card i had for $ 500, so i bough a Laptop. Even my car was taken because it was "A good bough with criminal money".

    ​

    Tried to find a job but it was useless, my health was fucked up and also earning $7 a month becomes impossible to live "well", i'm a humble person, even if i have billions i don't feel more than the others, i didn't felt bad for working in "common" stuff, but in general the situation was fucking horrible for everyone.

    ​

    Revenge? I can't do anything, i don't even have a weapon, my life is precious and my familly needs me... Anyways my Police Case File is dirty now, i couldn't even try to renew my US Visa because of that, illegally and unfairlly, i was a legal criminal in Venezuela. The only good thing was that my family was never hurt and i was still alive...

    ​

    Next couple days:

    ​

    SURPRISE, VENEZUELAN NEWS! CRYPTO MINING IS LEGAL NOW, OUR POLITICIANS ARE MINING, LOOK AT THEIR FARMS, SO GOOD, BITCOINS IS FREEDOM, FIGHT AGAINST THE IMPERIALIST US PIGS!

    ​

    And try to scam some idiots with $PETRO "coin".

    ​

    https://www.coindesk.com/venezuelas-crypto-exchanges-miners-must-register-under-new-rules

    ​

    https://www.instagram.com/p/Bd8OKMIHA3T/?utm_source=ig_embed

    ​

    ​

    https://i.redd.it/yev4p9kbdr731.jpg

    ​

    The leftie television presenter clown with OUR machines

    ​

    ​

    Yes, THOSE are OUR machines, how nice, that's how socialism works, everything has to be equally poor, if you have something nice, that's not yours, it belongs to the government, because is socialism!

    ​

    The last couple months i decided to sell my department, yeah the $200k one in 2009, sold by $7k... Of course in BTC, there wasn't other safe way.

    ​

    As my Police Case File shows i'm a criminal, there wasn't any way to get legally out, because i'm a "criminal", so i figured out to pay some people to open the doors for me, crossed the colombian border and headed to Perú, where i'm now a refugee (Thanks so much ACNUR), in the process of Integration to society, also contacted a couple Venezuelan ONGs here to see what can i do, i explained my case and it's in evaluation, i don't have enough "in paper" information on my hands to prove them i'm not a criminal and that Case File is corrupted, but they heard me and it seems they trusted me, i'm waiting now.

    ​

    I'm annonymous until my "criminal" situation changes, i'm not sure if my familly will be safe at all in Venezuela but some of the people i paid was for protection of my familly members, i hope they'll be fine.

    ​

    I have my laptop and 0.2 BTC, how do you guys think is the best way to invest this? I know trading but i don't feel confident enough to do it, as BTC is volatile now i think i could lose the last i have, i'm not a pro trader.

    ​

    I would like to say "It's ok i'm just gonna hold until the price is up", but i'm fucked up enough so i have to cash out to survive here while my situation improves, that will make me ran out of funds eventually.

    ​

    If there's no way to, just tell me to stop dreaming that i can make more money from these 0.2 aswell, i need to stay mentally safe too.

    ​

    If everything gets better, i'll be able to work here... It doesn't feel so good to start over almost your whole life again, but after all that disaster i'm still alive and that's precious to me.

    ​

    What i want to do now is:

    ​

    1- Take my familly out of Venezuela, at any cost.

    2- Take this case to the media, i want to expose my case, once my familly is safe i'll try to contact people inside to get proves of the situation with the BTC miners, try to recover anything is mine, and find a way to put the SEBIN agents names in the US or any other black list, at least they won't be able to use what belong to us.

    3- Of course start over out of Venezuela and build a new life.

    ​

    For those who still think Bitcoin is an empty stuff, i can tell you... Beyond the tech, it is true freedom and salvation.

    ​

    PD: Sorry if my english has some mistakes, isn't my native language.

    ​

    ​

    https://i.redd.it/4lvcojoser731.jpg

    submitted by /u/CivBitV
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    Do you see that little fleck of dust under the domain name in the left screenshot? Actually not dust. Enable show_punycode in Firefox in order to avoid phishing URLs. — @ElectrumWallet

    Posted: 02 Jul 2019 12:06 AM PDT

    We made it on Jeopardy!

    Posted: 01 Jul 2019 04:43 PM PDT

    Minutes ago, 1 BTC was sent to the Genesis of Bitcoin address.

    Posted: 01 Jul 2019 08:37 PM PDT

    I remember when I had to go to a grocery store to buy PayPal gift cards and then use those to buy Linden Second Life currency to transfer to BTC on a Russian Exchange. I miss the good ole days.

    Posted: 01 Jul 2019 10:55 PM PDT

    PSA: For Bitcoin Info go to Bitcoin.org - Bitcoin.com Promotes BCASH.

    Posted: 02 Jul 2019 12:29 AM PDT

    If Apple were to incorporate BTC wallets and/or transactions into Apple Wallet, do you think that would have a big impact on adoption?

    Posted: 01 Jul 2019 08:58 PM PDT

    Why or why not, I'm a noobie and was just wondering

    submitted by /u/dgettanajr
    [link] [comments]

    Bitcoin is the first implementation of Triple entry accounting and greatest invention in 500 years

    Posted: 01 Jul 2019 06:47 PM PDT

    How to buy 10 BTC in Dec 2010

    Posted: 01 Jul 2019 11:13 AM PDT

    A 2MB block was recently mined! Its size is close to the biggest block ever mined!

    Posted: 01 Jul 2019 03:25 PM PDT

    If this info is still accurate, then this is Bitcoin's biggest block. Even if the record in that link is broken, that`s still great! Just look at this 2 MB+ block! This would not be possible without SegWit. Once again, we prove that SegWit is in fact a blocksize increase. And yet, only ~50% of the transactions are SegWit ones. Use SegWit, use bech32 and get lower fees + better overall efficiency on the network. There's nothing to lose. Let's also not forget that this upgrade allowed us to build the Lightning Network and fix transaction malleability. Go SegWit!

    submitted by /u/Kalin101
    [link] [comments]

    Bitcoin Lightning Network Payments Have Already Surpassed All Altcoins

    Posted: 01 Jul 2019 03:10 PM PDT

    UK crypto scene set for boost as London firm poised for FCA approval

    Posted: 02 Jul 2019 03:00 AM PDT

    Wish writing of Japan Tanabata Festival

    Posted: 02 Jul 2019 03:37 AM PDT

    We've just released the Liquid Swap Tool! This new tool allows users to execute atomic swaps on the Liquid Network for any issued asset such as L-BTC, tokenized fiat, crypto assets, attested assets, & more. GUI & CLI tool are now available.

    Posted: 01 Jul 2019 05:28 PM PDT

    A message from Gramatik at Electric Forest 2019

    Posted: 01 Jul 2019 10:58 AM PDT

    #Bitcoin halving chart update: 10 months to go!

    Posted: 01 Jul 2019 03:04 PM PDT

    Crypto Brief For July 2: The Bears Push for New Lows!

    Posted: 02 Jul 2019 04:11 AM PDT

    It must be purely a coincidence that..

    Posted: 01 Jul 2019 11:35 PM PDT

    That right as bitcoin was hitting fresh highs for the year coinbase and two other major exchanges went offline within minutes of each other and we've been on a fairly sharp downward trend since. There are no other possible explanations other than pure coincidence. I mean it's not like this has ever happened before.. Right? Oh, unless you count the all time high incident which was exactly the same situation! Wake up folks. These institutions that regulate the fiat currency on ramps to our bitcoin are heavily invested in by the banks (aka bitcoins competition). Buy your bitcoin from them if you must but be sure to immediately move your bitcoin to wallets where you control the private keys. Remember that supply and demand determines value and if they control the supply they can continue to manipulate the price!

    submitted by /u/BitcoinCanSaveUsAll
    [link] [comments]

    ErisX Gets US License to Offer BITCOIN backed Futures -

    Posted: 02 Jul 2019 02:52 AM PDT

    CryptoGrizzly comic Jul 1st 2019

    Posted: 01 Jul 2019 05:57 PM PDT
    Read more
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