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    Monday, September 2, 2019

    Bitcoin Daily Discussion, September 02, 2019

    Bitcoin Daily Discussion, September 02, 2019


    Daily Discussion, September 02, 2019

    Posted: 02 Sep 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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    Proof of adoption -- everyone at DragonCon was stopping this cosplayer for a picture

    Posted: 01 Sep 2019 08:35 PM PDT

    Argentina Imposes Capital Controls

    Posted: 02 Sep 2019 12:51 AM PDT

    Anytime someone makes an offer that's obviously too good to be true, I like to mess with them. Kelvin, unfortunately saw through this... (convo from nearly a year ago)

    Posted: 01 Sep 2019 11:19 PM PDT

    Monday Art - Billion Bucks

    Posted: 01 Sep 2019 10:46 PM PDT

    Have a look at the data - Who uses Bitcoin.

    Posted: 02 Sep 2019 02:26 AM PDT

    There has never been an asset like bitcoin!

    Posted: 02 Sep 2019 02:51 AM PDT

    BtcTurk banner during a football match in Sükrü Saraçoğlu Stadium, Istanbul

    Posted: 01 Sep 2019 04:21 PM PDT

    Bitchocolate

    Posted: 01 Sep 2019 11:17 AM PDT

    Bitcoin exchange BtcTurk signs sponsorship deal with Turkey Super League football club Yeni Malatyaspor

    Posted: 02 Sep 2019 12:37 AM PDT

    Bitcoin exchange BtcTurk signs sponsorship deal with Turkey Super League football club Yeni Malatyaspor

    BtcTurk, Turkey's leading Bitcoin and cryptocurrency exchange, signed sponsorship deal naming the club 'BtcTurk Yeni Malatyaspor' for the 2019–2020 Süper Lig Cemil Usta Season.

    https://i.redd.it/rfoxu086u4k31.jpg

    BtcTurk and Yeni Malatyaspor's agreement is the first professional sports club sponsorship deal in the world with such a scope for a cryptocurrency exchange platform. The agreement contains name sponsorship and Yeni Malatyaspor will compete under the name BtcTurk Yeni Malatyaspor. Furthermore, BtcTurk Yeni Malatyaspor will carry BtcTurk logo on their jersey for the 2019–2020 season. The club may receive up to 7.5 mn TL fee based on performance.

    BtcTurk CEO Özgür Güneri stated that BtcTurk is proud to add another milestone to the evolution of crypto currency industry globally as they did in the past with the first Bitcoin/Turkish Lira trade in history, and said, "And now, we are excited to make another breakthrough in our country and in the world, bringing Yeni Malatyaspor, one of the successful clubs in Turkey Super League and BtcTurk together. We believe in the future of Turkish sports and football and aim invest more in the forthcoming years. With this agreement, we have taken a significant step to increase awareness towards Bitcoin and contribute to healthy growth of cryptocurrency industry in Turkey as well. BtcTurk Yeni Malatyaspor will provide a significant momentum to such vision through its contributions it will make to Turkey Super League. I would like to thank Mr. Adil Gevrek and BtcTurk Yeni Malatyaspor Management for their support and contribution to such a unique sponsorship deal.

    In his statement, Adil Gevrek, President of BtcTurk Yeni Malatyaspor Club, said, "We believe BtcTurk, the leading institution in the cryptocurrency industry in our country, sponsorship deal is very valuable for Turkish Football. We are proud of collaborating with BtcTurk, a company with such a vision. I am sure that this deal will bring significant momentum to our team and to Turkish Football this season."

    submitted by /u/onurgozupek
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    Btcturk exchange commercial on football player.

    Posted: 02 Sep 2019 12:32 AM PDT

    Bitcoin Core 18.1 still does not support SegWit addresses for message signing, rendering the sign message feature useless for new wallets. Is there a reason for this?

    Posted: 01 Sep 2019 02:11 PM PDT

    Bitcoin Core 18.1 still does not support SegWit addresses for message signing, rendering the sign message feature useless for new wallets. Is there a reason for this?

    Headline sounds passively aggressive, but I just don't get it how the Bitcoin Core Wallet still does not support this while being the main force regarding Bitcoin's development.

    More than two years after the introduction Bitcoin Core still does not support the signing of messages using standard P2SH ("3"-addresses) and bench32 encoded addresses ("bc1"-addresses), which are de facto becoming the standard for transactions on the blockchain.

    Unfortunately it is not possible to create old style P2PKH "Legacy" addresses with Bitcoin Core anymore; new addresses are always SegWit-compatible. This is *not* a bad thing, as it thrives SegWit adoption, however the in the title mentioned signing feature does not work with these addresses.

    The sign message feature is was such a wonderful function to easily prove the ownership of funds and their address. Electrum and Trezor support the signing with the new standard btw, so is there a reason why Bitcoin Core does not?

    THE FEATURE I'M TALKING ABOUT. ARGHHHHHHHHHHHHHHHHHHHHHH!

    submitted by /u/AdditionalStruggle6
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    Goog Trends for "btc" just hit absolute ATH o_O

    Posted: 02 Sep 2019 02:22 AM PDT

    Bitcoin Mining Farms Are Flourishing on the Ruins of Soviet Industry in Siberia

    Posted: 01 Sep 2019 09:40 AM PDT

    One-Time Address: A better way to share your Bitcoin address

    Posted: 02 Sep 2019 03:06 AM PDT

    Bitcoin Kiosk found in Kiev, Ukraine

    Posted: 01 Sep 2019 12:24 PM PDT

    Monday Art - "Alts Eclipsed" 100x81 acrylic on canvas. All original art now in OpenBazaar

    Posted: 02 Sep 2019 12:10 AM PDT

    Thailand, BX.in.TH stops trading after 30 September 2019. This is not good for Crypto in Thailand.

    Posted: 01 Sep 2019 07:53 PM PDT

    Daily I go to Bx.in.th.

    BX.in.Th is the best exchange for Crypto.

    Today I received this pop-up:

    Bitcoin Co. Ltd. has decided to discontinue offering digital exchange services and wallet services at our BX.in.th website in order to focus on other business opportunities.

    This means that after September 30th 2019 all trading on the BX.in.th will be stopped.

    We ask that all customers withdrawal any funds held at the BX.in.th website into their own bank account or digital wallet.

    The company will not be seeking to hold an SEC issued Digital Asset Exchange license for the year 2020, and we ask all customers to withdraw their funds before November 1st, 2019.

    After 1 November 2019, the company will continue to open the BX.in.th website only as a method for customers to contact the company about outstanding issues.

    All deposits will be disabled after September 6th, 2019.

    submitted by /u/eddy_68
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    Mentor Monday, September 02, 2019: Ask all your bitcoin questions!

    Posted: 02 Sep 2019 04:00 AM PDT

    Ask (and answer!) away! Here are the general rules:

    • If you'd like to learn something, ask.
    • If you'd like to share knowledge, answer.
    • Any question about Bitcoin is fair game.

    And don't forget to check out /r/BitcoinBeginners

    You can sort by new to see the latest questions that may not be answered yet.

    submitted by /u/rBitcoinMod
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    Peter Brandt: 'Bitcoin May Have Entered Its Fourth Parabolic Phase' - Blockspectator

    Posted: 02 Sep 2019 03:59 AM PDT

    The end of the dollar as we know it

    Posted: 01 Sep 2019 09:45 PM PDT

    Cryptocurrency not mentioned but one has to assume that crypto had a something to do with this article. Progress!

    https://thehill.com/opinion/finance/459546-the-end-of-the-dollar-as-we-know-it

    submitted by /u/spencerfreid
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    Passphrases from books will get your coins stolen. Especially the Bible.

    Posted: 02 Sep 2019 03:15 AM PDT

    If you're tempted to use passages from books as passwords or passphrases, you might want to think again. The search space is far smaller than you might have thought, especially relative to current key-cracking systems.

    There are only a few hundreds of billions, maybe trillions, of sentences in all books ever published.

    Restrict to more popular books (the top hundred or thousand, rather than 50-150 millions), and the search space is vastly smaller.

    And current known password cracking systems can run 350 billion keys per second: "25-GPU cluster cracks every standard Windows password in <6 hours". Oh: in 2012, seven years ago.

    How do we get the hundreds of billions to maybe trillions of sentences ever written?

    • A typeset page of text contains roughly 500 words.
    • The average length of a sentence is ... hard to say, though guides suggest 15-20 words is a good goal. Previously I've analysed all sentences in Adam Smith's Wealth of Nations by length, with a mean of 207 characters and a median of 183. (Using the Wikisource text.) At 6 characters/word, that's 30-35 words per sentence. The total book is, by the way, 10,433 sentences long. The shortest sentence is "Nor was this all." And the longest was 256 words. Because I like to read my books from shortest to longest sentence.
    • I'll assume a typical book has 250 pages.
    • There are from 50 - 150 million books ever published. The US Library of Congress collection, the largest in the world, has 42 million titles. Google estimted about 150 million books ever published, a few years ago.

    Maths then gives us: (500 words/page / 30 words/sentence) * 250 pages/book * 150 million books: 625 billion sentences in all books ever written.

    Caveats: very rough numbers. Focus on the order-of-magnitude ("hundreds of billions") rather than the mantissa, which is all but certainly wrong. The point is that the keyspace is single-digit seconds of seven-year-old brute-force technology time.

    There's a further problem. Not all are unique.

    In fact "not all are unique" is not a unique sentence. So the total search space is almost certainly vastly smaller.

    If you consider that most people won't select from at random from amongst all published works, but will strongly favour the top 100 or 1,000 most popular, the effective search space is reduced further still.

    The space is constrained not only by all books which have been digitised to date (sources such as ZLibrary list 4.8 million books), but all those which will be digitised in future, a task which is proceeding apace. Oh, and there are roughly 300,000 conventionally published books per year, a total of about 1 million "nontraditional" (self-published or "vanity press"), which are assigned ISBNs, from Bowker, the firm which issues such numbers. That 300k/yr value has been remarkably consistent in English-language publications since the 1950s according to Library of Congress annual reports, which summarise new acquisitions.

    You may be able to improve on this method by mixing and matching phrases from several books, by manipulating the strings (common or uncommon substitutions, added random strings), all of which will thwart a simple brute-force search, though if your manipulation or match sources become known, you'll be having a bad day one day. I'd recommend you don't.

    submitted by /u/MakeTotalDestr0i
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    Are there any crypto Airbnb sites?

    Posted: 02 Sep 2019 12:49 AM PDT

    Over the years, I have used Airbnb quite a bit in my travels. However, lately, I've noticed it has gotten so bad. Many cities have few listings, and the prices have skyrocketed, mostly due to government regulation and outright banning Airbnb in many places. Is there a good place to rent short term with crypto?

    Cryptocribs.com is a great idea, but it hasn't seem to have got much traction, and some of the functionality on the site isn't working.

    submitted by /u/plentyoffishes
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    in the spirit of Bitcoin

    Posted: 01 Sep 2019 03:18 PM PDT

    I created a P2P forum for people to buy and sell with cryptocurrency. It's literally just my friends using it right now. I have no expectations of it becoming anything more than that. But I thought it was a cool idea because we are all in this for the financial freedom, right? Enjoy the long weekend everyone :)

    www.satoshi-list.com

    submitted by /u/bells_88
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    BitPiggys.com #buyTHEMbitcoin

    Posted: 02 Sep 2019 12:07 AM PDT

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