Bitcoin Daily Discussion, August 25, 2019 |
- Daily Discussion, August 25, 2019
- Working Bitcoin Paper Wallet on Minecraft Server - Private Key protected by lava can be uncovered by owner
- BTC logo on Sky News
- This is the future
- The most high-effort Bitcoin scam I've ever seen on Reddit. wtf
- Middle East gets its first licensed bitcoin exchange
- A very sad and expensive lesson to learn
- Global adoption of bitcoin will never happen until the complexity of the UX is abstracted away.
- Mark Carney: dollar is too dominant and could be replaced by digital currency
- Saudi Arabia Warns its citizens from trading crypto and threatens a shitty coin.
- Adam Back: Anyone who bought into the big block forks, at rogerkver's urging, is a brokeG now.
- Paxful takes 0.0005 BTC (5 bucks) to send outgoing transactions, yet sends them at 12 sats/Byte
- Someone tried to scam me out of Bitcoin on TradingView
- Question about only 21 million coins created
- Making a transaction both parties can't deny.
- Hal Finney calculated $10M per coin days after the genesis block was mined
- I've seen a few posts about people using multiple hardware wallets - why not just use one?
- Is data of a full node plathorm independent?
- What's the deal with BlockFi?
- Forbes: Bitcoin's Bull Run Could Be Just Getting Started—Here's Why
- Okay, I gotta give credit where due, the year wait sucked but the Crypto Visa card is living up to the hype...
- Trezor or ledger?
- �� Animated series "Bitcoin & Friends" returns with Episode 3 featuring Ross Ulbricht, The Origins of Silk Road, as well as Charlie Lee, the creator of Litecoin
- Someone sent me BTC with a 0.00000900 transaction fee, it's still not here after a day, is the low fee to blame?
- What people waste money on:
- Tropical Storm Invest 98, followed by Tropical Storm Dorian.
| Daily Discussion, August 25, 2019 Posted: 25 Aug 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. [link] [comments]  | ||
| Posted: 24 Aug 2019 05:23 PM PDT
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| Posted: 24 Aug 2019 01:53 PM PDT
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| Posted: 25 Aug 2019 02:36 AM PDT
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| The most high-effort Bitcoin scam I've ever seen on Reddit. wtf Posted: 24 Aug 2019 07:29 PM PDT
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| Middle East gets its first licensed bitcoin exchange Posted: 24 Aug 2019 01:35 PM PDT
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| A very sad and expensive lesson to learn Posted: 24 Aug 2019 02:57 PM PDT Yesterday night, I had my bitcoin stolen. I had about ~.32 btc taken from my Exodus wallet. I'm unsure how it was taken. The transaction showed up on my Exodus wallet when I signed in, so I'm unsure if my recovery key or my private key was taken. It was about 95% of my crypto "portfolio". I had recently (03/19) been hacked, and nearly subject to a ransomware attack via my vnc server. Luckily, I stopped it before I lost anything. I'm unsure if they managed to get my wallet that way, or something, and just waited until now to take the funds. Or maybe someone's gained remote access to my PC now, although I wouldn't be able to tell. I had about 1 ltc in there as well, and that wasn't taken, so I'm unsure what to take from that. I thought I'd been very careful in general. I generated the wallet, and kept the recovery key on paper, and backed up the private key onto a usb. I 2FA everything online. I actually looked into 2FA for Exodus a while back, and saw they were thinking of implementing it, but never did. I wish I'd moved it somewhere else that did, but the convenience trumped the safety! Unfortunately, that was a lot of my savings, and I was checking on it to withdraw it to help with a deposit on a flat soon, but it'll have to wait quite a bit longer. There isn't much of a point to this post, besides venting my frustration. Try not to sacrifice safety for convenience, I guess? I wish I had an offline wallet with 2FA. I wish I had made new wallets, and reformatted my computer when I got hacked. I know some people have lost much more, but this is by far the worst financial thing that's ever happened to me, and fuck, it hurts. [link] [comments]  | ||
| Global adoption of bitcoin will never happen until the complexity of the UX is abstracted away. Posted: 25 Aug 2019 02:12 AM PDT People I know can barely remember their passwords for sites they use. I am also sometimes guilty of this. Now they are supposed to remember a seed phrase, etc? Not gonna happen. Like it or not, to paraphrase Carlin, there are some dumb motherfuckers floating around. I'd consider myself in the mid-tier in terms of technical knowledge. I still answer basic questions routinely. People take their car in for service. The service is magically completed. The person doesn't understand how, what was done or even how a car works to begin with. H/she turns it on, pushes a pedal and it takes them to get their next burger. Most people do not understand how the internet, email or anything else works. They upload cat videos or of themselves being idiots or ugly, simple people and are called "influencers - Kardashians" Bitcoin must be made so simple that a Kardashian can use it. They are the epitome of American indulgence and stupidity. Until it's made idiot proof, bitcoin will never gain traction beyond where it currently is. That is my .02 [link] [comments]  | ||
| Mark Carney: dollar is too dominant and could be replaced by digital currency Posted: 25 Aug 2019 02:27 AM PDT | ||
| Saudi Arabia Warns its citizens from trading crypto and threatens a shitty coin. Posted: 24 Aug 2019 05:45 PM PDT
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| Adam Back: Anyone who bought into the big block forks, at rogerkver's urging, is a brokeG now. Posted: 24 Aug 2019 06:50 AM PDT
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| Paxful takes 0.0005 BTC (5 bucks) to send outgoing transactions, yet sends them at 12 sats/Byte Posted: 24 Aug 2019 07:11 AM PDT Paxful takes 0.0005 BTC (5 bucks) to send outgoing transactions. They batch 12 transactions together, so 12 * 5 = 60 dollars. They send the transactions at 12 sats/Bytes, paying 0.0004 btc for the total transaction (4 dollars). So that's 54 dollars profit on the detriment of regular people who have wait 1-2 hours before their transactions confirm and still pay top dollar for it. Why is this allowed? Why is nobody talking about it? I made a post about it on /r/paxful, they deleted it a few hours later. Edit : Actually, it's 37 transactions batched together, which makes their profit 185 dollars instead of 60. [link] [comments]  | ||
| Someone tried to scam me out of Bitcoin on TradingView Posted: 24 Aug 2019 04:56 PM PDT i am a new tradingview user and i posted a few ideas when suddenly i get a message from a user named Ejaeva and the user has no reputation at all who was asking me to withdraw some bitcoin and said would pay me 0.05 btc for my help, well the user asked me to make an account on traxcoins which is only 3 days old according to whois and the peraon sent the funds to me and when i went to withdraw it told me to deposit 0.01 btc and i was paranoid all night until i searched up on google to shed some light on this and i found out that this was a huge scam and i did not know it until it was almost too late well now i know not to fall for this scam again and i did not actually send any funds to this site [link] [comments]  | ||
| Question about only 21 million coins created Posted: 24 Aug 2019 04:59 PM PDT We've all heard that btc is scarce and only 21 million will ever be produced? I'm aware of the concepts of the halvening, but still wondering what prevents a hacker getting into the code and changing 21 million to 50 million? This sounds like a stupid question, but I imagine there is a very detailed technical explanation out there. [link] [comments]  | ||
| Making a transaction both parties can't deny. Posted: 25 Aug 2019 02:42 AM PDT I'm wondering about making a transaction both parties can't deny. My first thought is: Ask reciever for an adress. Send a small amount as check When confirmed by reciever send the total to SAME adress. My reasoning is, if the reciever confirmed the first small transaction to be recieved he can't deny that the second transaction did not arrive or was not his adress. Both transaction being visible on the blockchain prove it, having confirmed the first transaction being correct there is no denying possible? But every time I read about 'don't reuse an adress', wouldn't this be a, the only one?, reason to just do that excactly? This is of course with the thought of doing big transactions where I want to take no risk. Any other way to be sure the reciever can't deny the adress used was not his? I feel that the reasoning if the reciever sends an adress it's his responsibility to be correct nice, but it's my money that is being sent. And with above check I feel pretty safe I have all the evidence to prove the reciever to be wrong. I'm not sure if the reciever would make a 'mistake' in the sending of an adress It would be resolved that easy without this check? [link] [comments]  | ||
| Hal Finney calculated $10M per coin days after the genesis block was mined Posted: 24 Aug 2019 11:39 PM PDT
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| I've seen a few posts about people using multiple hardware wallets - why not just use one? Posted: 25 Aug 2019 12:25 AM PDT | ||
| Is data of a full node plathorm independent? Posted: 25 Aug 2019 03:04 AM PDT Say, I've download a full node on Linux server in the pruned mode. Once I've done that, can that pruned node/data be moved around and used on other server with other OS's with no problem? That is, on the servers with Windows, MacOs, FreeBsd, etc.... to run a full node in the pruned mode? In other words, is full node data, whether it be pruned or not - platform independent? [link] [comments]  | ||
| Posted: 24 Aug 2019 08:43 PM PDT Has anyone here used BlockFi? Their pitch seems attractive. Deposit coins, earn interest. I'm a big believer however in "not my keys, not my coins" so I'm hesitant to send my coins to another entity. Are they regulated like other financial services providers similar to a bank? Are they trustworthy? Anyone here have any first hand experience? [link] [comments]  | ||
| Forbes: Bitcoin's Bull Run Could Be Just Getting Started—Here's Why Posted: 24 Aug 2019 01:42 PM PDT
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| Posted: 25 Aug 2019 01:42 AM PDT
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| Posted: 24 Aug 2019 06:36 PM PDT So I recently found out that ledgers software is closed source while trezor is open source, I wanted to see what everyone thinks. [link] [comments]  | ||
| Posted: 24 Aug 2019 11:59 AM PDT
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| Posted: 25 Aug 2019 01:37 AM PDT Apparently the exchange they sent from calculated the fees and didn't even have an option to change them. Looking at the average recommended fees, it seems that this is incredibly low? Is this likely the reason why my coins still haven't arrived? How likely am I to get the coins in the next 24 hours with this transaction fee? Cheers [link] [comments]  | ||
| Posted: 25 Aug 2019 03:26 AM PDT
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| Tropical Storm Invest 98, followed by Tropical Storm Dorian. Posted: 25 Aug 2019 02:31 AM PDT |
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