Bitcoin Daily Discussion, September 03, 2019 |
- Daily Discussion, September 03, 2019
- Decentralization power: "Hong Kong Protestors Using Mesh Messaging App China Can't Block: Usage Up 3685%"
- Made my own BTC price ticker.
- Seen in a Shopping Centre, Croydon, UK.
- Just saw this in the grocery store.
- BTC dominance: it's over 70%!!
- Bitcoin has made my life a lot more interesting.
- Bitpay won’t let you process payments through their shit service unless you verify your identity.
- Picked up some light reading for an upcoming vacation
- 3 must read books
- Bitcoin and Friends | Episode 3
- $68 Million of Shorts ‘Rekt’ at BitMEX
- My bank has a weekly cash withdrawal limit of 20,000 Bolivares per week.bye bank buy bitcoin
- Satoshi said it best...
- Van Eck, SolidX to Offer Limited Version of Bitcoin Exchange-Traded Fund
- Fun Fact: Measured using the broad-basis GDP deflator, the US dollar has lost 62% of its purchasing power since 1980 alone, and the UK Pound has shed 71% of its value. Bitcoin not affected.
- Screw you Bank of America
- Bitcoin is Magic - Tim Draper - "Bitcoin Will Affect Industries 10 To 100 Times Bigger Than Internet Had"
- What does the world look like if/when 1 Bitcoin is worth $100K? $1Million?
- Marijuana was a gateway drug for me.
- Some Bitcoin Implementations using python as a beginner. And I want some reviews
- Moon crash
- OTC Atomic Swaps on the Liquid Network | August 2019 - Blockstream
- Never again
- Lightning Network: record volumes - The Cryptonomist
| Daily Discussion, September 03, 2019 Posted: 03 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. [link] [comments]  | ||
| Posted: 02 Sep 2019 11:16 PM PDT
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| Posted: 02 Sep 2019 09:07 AM PDT
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| Seen in a Shopping Centre, Croydon, UK. Posted: 03 Sep 2019 12:36 AM PDT
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| Just saw this in the grocery store. Posted: 02 Sep 2019 07:09 PM PDT
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| BTC dominance: it's over 70%!! Posted: 02 Sep 2019 01:43 PM PDT
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| Bitcoin has made my life a lot more interesting. Posted: 02 Sep 2019 07:51 PM PDT It's like something to look forward to and I don't know when it will happen, so every day is a mystery. [link] [comments]  | ||
| Bitpay won’t let you process payments through their shit service unless you verify your identity. Posted: 02 Sep 2019 10:32 PM PDT
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| Picked up some light reading for an upcoming vacation Posted: 02 Sep 2019 02:06 PM PDT
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| Posted: 02 Sep 2019 09:35 PM PDT
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| Bitcoin and Friends | Episode 3 Posted: 03 Sep 2019 02:10 AM PDT
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| $68 Million of Shorts ‘Rekt’ at BitMEX Posted: 02 Sep 2019 01:43 PM PDT
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| My bank has a weekly cash withdrawal limit of 20,000 Bolivares per week.bye bank buy bitcoin Posted: 03 Sep 2019 12:28 AM PDT My bank has a weekly cash withdrawal limit of 20,000 Bolivares ~ $0.77 per week https://twitter.com/KalebPrime/status/1168617354634436609?s=20 [link] [comments]  | ||
| Posted: 02 Sep 2019 09:41 AM PDT "The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts." –Satoshi Nakamoto, Founder of Bitcoin [link] [comments]  | ||
| Van Eck, SolidX to Offer Limited Version of Bitcoin Exchange-Traded Fund Posted: 03 Sep 2019 02:39 AM PDT Crypto enthusiasts have been trying without much success to get regulatory approval for funds to bring bitcoin to investors. Two firms plan to use a workaround. Van Eck Securities Corp. and SolidX Management LLC on Thursday plan to start selling shares in a limited version of a crypto exchange-traded fund. The companies are employing a rule that will exempt the shares from securities registration, but the shares can be sold only to certain institutional buyers. The move is the latest attempt by players within the cryptocurrency sector to create a bitcoin-based investment asset in hopes of attracting money from mainstream investors. Though bitcoin has become part of pop culture in the nearly 11 years since it was created, the markets for trading it remain immature and largely unregulated, which has kept many potential investors out. The Securities and Exchange Commission has so far rejected every attempt to sell a bitcoin ETF. The SEC declined to comment. The agency has previously raised concerns that there aren't enough protections against fraud and market manipulations in the crypto market. The VanEck SolidX Bitcoin Trust shares would be sold under the SEC's Rule 144A, which allows for the sale of privately placed securities to "qualified institutional buyers." That means they would be available only to institutions such as hedge funds, brokers and banks. They wouldn't be open to retail investors or individual buyers. The firms first jointly applied for a bitcoin ETF in 2018 and said they still expect eventual approval. Van Eck and SolidX said they hope this limited version will act as a proof that a bitcoin ETF can work. It is an unusual arrangement. Anna Pinedo, a partner at Mayer Brown's New York office, who isn't involved in the fund, said she had never heard of a firm offering shares under Rule 144A and then seeking SEC approval for a retail offering. ETFs have grown into a $3.9 trillion market, according to research firm XTF. They give investors easy access to stocks and bonds, but also some exotic markets, such as commodities and derivatives, and high-risk strategies, in which retail investors may not understand the dangers. It isn't clear how much demand there would be for a bitcoin ETF, after the brutal selloff in 2018 appeared to wipe out both retail and institutional interest. Still, there is a potentially large first-mover advantage for the firm that can get a bitcoin ETF approved. While any investor can buy cryptocurrency, it can be daunting for people not familiar with it. Crypto enthusiasts believe that an ETF would make it simpler for investors to get exposure to the sector. [link] [comments]  | ||
| Posted: 03 Sep 2019 01:11 AM PDT
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| Posted: 02 Sep 2019 10:29 AM PDT I own 3 bitcoin ATMs in Michigan. Hasn't even been a month yet since I installed them in businesses. I registered my business name with the state of Michigan called Bitcoin Legends. Any how I took the paper work to Bank of America to open a business checking account and without hesitation as soon as they saw the name of my business they said NO WAY we don't want anything to do with Crypto currencies. [link] [comments]  | ||
| Posted: 03 Sep 2019 02:41 AM PDT
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| What does the world look like if/when 1 Bitcoin is worth $100K? $1Million? Posted: 02 Sep 2019 07:01 PM PDT I'm wondering what we expect the world to look like if/when 1 Bitcoin is worth $100K, and later $1Million. I understand there's no guarantee, but hypothetically: Will global financial markets have crumbled? I know - a lot of questions, but I'm curious what other people think. And just some disclaimers: I HODL, I believe in the tech, I believe in the philosophy of cryptocurrency, and I'm in the US. [link] [comments]  | ||
| Marijuana was a gateway drug for me. Posted: 02 Sep 2019 04:37 PM PDT First read about bitcoin probably in 2011-12. "Oh, another virtual coin, video game money something... Pass.". I've been smoking weed almost everyday in the last 15 years, not a stoner, never smoked before or on the job, i don't drink, i'm a happy educated functional member of this smoke and mirrors modern society, i'm careful with my health, so after all this years that's the thing that makes me hole in this world. Always had a dealer but in the spring of 2017 i got a job in another country, knew nobody so i had to buy from the dark net. Of course with bitcoin. I used it for some months, had a small stash of btc for weed, but still for me was video game money. Buying every other week, of course i watched the prices rising but didn't bother to investigate. After the dip in nov 2017 for the first time i opened a btc chart and because i used to trade stocks for years- (did pretty good until i discovered options)- i saw it crystal clear: the melt-up was coming, i knew i had to buy as an investment for the first time. So i lit up a big one and for the first time began reading and going down the btc rabbit hole. I was fuckin' blown away, that was my btc awakening moment! From then on i was hooked and here i am two years later high on bitcoin craving for more and more. For the newbies, don't trade, i rarely do it and even then, only swing trade. And never futures, options, any of that shit. There are a lot of people smarter than you. And a lot of bots, definitely smarter than you. One more thing, many thanks to this wonderful community. Thank you marijuana! The end. Out. [link] [comments]  | ||
| Some Bitcoin Implementations using python as a beginner. And I want some reviews Posted: 03 Sep 2019 03:29 AM PDT
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| Posted: 03 Sep 2019 02:04 AM PDT Bitcoin hodlers are all strapped in for a trip to the moon. While the definition of what serves as moon will vary, popular targets will be nice, big round numbers: 100k, 200k, 500k, 900k, 1m, etc. Which means that there will be large volumes of sell-offs in the vicinity of these round numbers, which in turn will likely cause massive price crashes. After each crash, new hodlers will board, with new definitions of the moon, but still clustering around large, round, moony numbers. Is this the fate of bitcoin? To be a perpetual rollercoaster as celebrated in the oft posted meme image? Will the price ever stabilise if we always disembark at our individual moons? [link] [comments]  | ||
| OTC Atomic Swaps on the Liquid Network | August 2019 - Blockstream Posted: 02 Sep 2019 06:44 PM PDT
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| Posted: 02 Sep 2019 02:32 PM PDT
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| Lightning Network: record volumes - The Cryptonomist Posted: 03 Sep 2019 01:18 AM PDT
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