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    Bitcoin Daily Discussion, August 30, 2019

    August 30, 2019

    Bitcoin Daily Discussion, August 30, 2019

    Daily Discussion, August 30, 2019

    Posted: 30 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.

    submitted by /u/rBitcoinMod
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    A friend loaded $60 worth of bitcoin in our old SMS-based Bitcoin wallet service from back in 2014 (discontinued). It's still there, 0.3041 BTC. He's withdrawing it today and it's now worth $2,870. The easiest way to HODL is to forget it.

    Posted: 29 Aug 2019 09:32 PM PDT

    Portugal’s tax authority says crypto trading and payments are tax-free

    Posted: 29 Aug 2019 07:40 AM PDT

    1 full btc bought at the dip! Let’s get this fellas!!!!!!

    Posted: 29 Aug 2019 05:44 PM PDT

    /r/bitcoin subscribers count poised to rise? Recent trend is undeniable!

    Posted: 30 Aug 2019 12:30 AM PDT

    Lightning security alert: upgrade your nodes please!

    Posted: 30 Aug 2019 02:45 AM PDT

    ⏲ 82% of the way to the next bitcoin halving! This train can't be stopped!

    Posted: 29 Aug 2019 08:22 PM PDT

    ICYMI Samsung added BTC. To galaxy s10 wallet

    Posted: 29 Aug 2019 04:40 PM PDT

    Bitcoin Lightning Payments Now Supported on Leading e-commerce platform Shopify

    Posted: 29 Aug 2019 08:42 AM PDT

    Finished reading "The Bitcoin Standard"

    Posted: 29 Aug 2019 03:14 PM PDT

    Never had so many questions in my life. Thank you Saifedean!

    submitted by /u/Panstone98
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    Wrote this in 2017, still relevant: Don't Fall For The Hype: Why Bitcoin's $10,000 Price Does Not Reflect Its True Value.

    Posted: 30 Aug 2019 02:26 AM PDT

    Bitcoin is Tax Exempt in Portugal | Connecting Blockstream To Casa | Bull Bitcoin Etransfers

    Posted: 29 Aug 2019 06:44 PM PDT

    [Lightning Network] Tippin Goes Mobile! Tip tweets from your own phone, with Bitcoin (Full wallet)

    Posted: 29 Aug 2019 12:28 PM PDT

    After a few months of hard work, I'm proudly announcing that tippin.me, the tipping platform based on Lightning Network that I released back in December, is going mobile.

    And mobile means a full Lightning Network enabled wallet on your phone.

    Some highlights:

    • You will be able to send a tip to a Tweet, from your own phone, without any scanning involved!
      Just share the tweet from Twitter App, and you are all set.
    • You own your keys, you own your coins.
    • Send lightning payments to tippin @usernames from within the App, just by typing their username.

    An early alpha will be available for public testing this week, and Android will be released later.

    Thank you for your support!

    More Info: https://twitter.com/tippin_me/status/1167151203928723456

    submitted by /u/Eiprol
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    Where to build the citadel?

    Posted: 29 Aug 2019 11:54 PM PDT

    We should start at least planning where we will build first bitcoin citadel. The country has to be very crypto friendly = no VAT, no capital gains on bitcoin, no income tax on bitcoin wage.

    Country has to be somehow developed, so pls no Somalia again.

    What is best location right now?

    submitted by /u/7bitcoin
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    Plan B on predicting halving prices: "if I would have made that model, the linear regression, only in the first four years, it would have been exactly the same. So, I could have predicted the next halving value and the second halving value with only the first four years" Link to podcast.

    Posted: 29 Aug 2019 12:10 PM PDT

    Bitcoin is still called "the currency of the Internet" on r/Bitcoin. Surely, it's the currency of the PEOPLE?

    Posted: 29 Aug 2019 09:29 PM PDT

    It's been a while. He bought the dip. Og creator BIZONACCI

    Posted: 29 Aug 2019 11:44 AM PDT

    If you really care about bitcoin

    Posted: 30 Aug 2019 03:22 AM PDT

    If you are not currently running a bitcoin node, then you do not really care about bitcoin.

    https://bitcoin.org/en/full-node

    Get your arses (asses) off reddit and social media and instead invest the few hours or less in setting up a node and helping to make the network more robust.

    You will do more to help bitcoin, than lazily thumbing through posts about lambos and 'to the moon'

    nuff said !

    submitted by /u/johnmcgeechan
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    Reminder that 10 minutes is just the AVERAGE time between blocks

    Posted: 29 Aug 2019 01:58 PM PDT

    This is either an example of the law of averages at play or a lot of new hash power is joining the network.

    submitted by /u/jdkeith
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    Bitcoin node + Electrum server for $5/mo!

    Posted: 30 Aug 2019 03:07 AM PDT

    I decided to test how low I could go in terms of $. I created a VPS on Digital Ocean using one of the higher end plans (IIRC $60/mo), ran it while it synced the blockchain with the prune setting set at 20 GB (minimum disk on Digital Ocean is 25 GB).

    The next day, once the whole blockchain had been downloaded and verified, I downsized the server to the lowest plan at $5/mo and installed Electrum Personal Server.

    The whole sync of the blockchain costed about $2 ($60/mo for just over 24h).

    submitted by /u/heelhookrc
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    Let's get GitHub Sponsors to support Bitcoin!

    Posted: 29 Aug 2019 03:17 PM PDT

    If you don't want to read, just go here and star this repo: https://github.com/lastmjs/enable-cryptocurrency-in-funding-yml

    Hey everyone,

    GitHub Sponsors just recently released, allowing GitHub repositories to show the official means of donating to them. They do this through a special file called `FUNDING.yml`. It supports official fields such as `patreon`, `open_collective`, and `tidelift`.

    I think it would be amazing if they added as officially supported fields `bitcoin` and `ethereum` (if you hate Ethereum, just be excited about Bitcoin :)

    Please star this repo and suggest improvements to the proposal. I have reason to believe that if enough of us ask for this feature, GitHub will implement it: https://github.com/lastmjs/enable-cryptocurrency-in-funding-yml

    submitted by /u/lastmjs
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    How safe are deterministic wallets?

    Posted: 30 Aug 2019 01:55 AM PDT

    How safe are deterministic wallet public keys in terms of privacy? If the keys can be determined, does that not mean sharing 1 of your public keys means that your other public keys can be determined easily by others, reducing your privacy as others will be able to tell which other public keys you have?

    submitted by /u/mazkvakj
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    HOW TO BUY BITCOIN ON P2P EXCHANGE (eg LOCALCOINSWAP)

    Posted: 30 Aug 2019 12:11 AM PDT

    Dont be scared by daily fluctuation of bitcoin because they want you to panic sell - Majority of bitcoin trading is a hoax, new study finds

    Posted: 30 Aug 2019 03:55 AM PDT

    Why don't we launch a live Bitcoin Node (A copy of Bitcoin Blockchain) into the space?

    Posted: 30 Aug 2019 01:23 AM PDT

    That would be cool! A backup of the blockchain transactions in space! That will make Bitcoin extra safe!

    submitted by /u/isdudu
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