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    Bitcoin Daily Discussion, November 27, 2019

    Bitcoin Daily Discussion, November 27, 2019


    Daily Discussion, November 27, 2019

    Posted: 26 Nov 2019 11:00 PM PST

    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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    ...

    Posted: 26 Nov 2019 04:32 PM PST

    I made 1 million dollars in the last year trading crypto, this is how I made it...

    Posted: 26 Nov 2019 08:44 PM PST

    I invested 1 Billion dollars

    submitted by /u/valentino99
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    Had an urge to upgrade to new car. Bought 1btc instead at $6700.

    Posted: 26 Nov 2019 06:39 AM PST

    Currently driving a camry 2002 60k miles. Was about to upgrade to lexus es350 2012 50k miles, 11k.

    Hopefully in 2 years i can buy the car and laugh about it.

    Have you ever put off an urge to buy some material item and bought BTC instead?

    submitted by /u/meshflesh40
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    Fuckmonster Biller quote

    Posted: 26 Nov 2019 07:01 AM PST

    Does anyone know where I could pick up one of these? Looking to get robbed.

    Posted: 26 Nov 2019 09:07 PM PST

    Sound and unbiased reporting as always!

    Posted: 26 Nov 2019 01:12 PM PST

    Peter Schiff thinks Bitcoiners want/need to sell BTC for USD to lock in “profits”. That’s what he doesn’t get. Most Bitcoiners never want to sell their BTC back for USD. I guess goldbugs plan on cashing out for dollars one day?

    Posted: 26 Nov 2019 01:52 PM PST

    What's the point of hedging against monetary collapse if your end game is to sell back into the currency (USD) that is collapsing??

    submitted by /u/the420chronicler
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    in light of Upbit hack...

    Posted: 27 Nov 2019 02:21 AM PST

    today, a major South Korean exchange Upbit was hacked and there's report that ~$50M worth of Ethereum is lost.

    multiple studies show that a lot of people store their Bitcoin/crypto on the exchange, never bothering to secure it themselves.

    this is wrong way to do Bitcoin. yes, i'm aware that it's been said numerous times before, but even if 10 people read it and do it properly, i'll take it as an achievement.

    you shouldn't trust your exchange with more than you're changing for your monthly needs.

    time to make your own wallet, maybe even invest into hardware wallet if you have more than you can afford to loose.

    do your own security research and do it now. multiple articles on the net on how to secure coins properly. don't wait for "proof of keys" day, do it today. exchanges are not bank accounts and not there for you to store your wealth.

    thanks.

    submitted by /u/btcluvr
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    A $20 Trillion Problem: More Than Half Of China's Banks Fail Central Bank Stress Test

    Posted: 26 Nov 2019 08:17 PM PST

    All these ‘Investors’ made money on Bitcoin

    Posted: 26 Nov 2019 03:03 PM PST

    #Bitcoin is a Monetary Batman

    Posted: 27 Nov 2019 01:46 AM PST

    Trezor now running a 30% off Black Friday sale. Code, "TRZ30"

    Posted: 26 Nov 2019 03:30 PM PST

    4 Advantages That Make Bitcoin A Credible Alternative To The Current Monetary System

    Posted: 26 Nov 2019 09:35 PM PST

    Instant Money from Lightning Network to Prepaid Mastercard -- Solution Found?

    Posted: 26 Nov 2019 04:57 PM PST

    Today I ran across this product from Bitrefill that ostensibly lets you buy a Mastercard prepaid gift card with bitcoin (including via the lightning network) and start using it instantly. Being in the USA, I am a bit unsettled by the warning that says, "This gift code may only work in Eurozone," so I haven't tried it out yet. But I checked the Mastercard website, and they say this:

    Q: Where can I use my Mastercard gift or prepaid card? A: You can use your Mastercard Prepaid Gift Card anywhere Mastercard is accepted - that's millions of locations worldwide from retail stores to online, mail and phone orders. You can also use your card to pay bills online. [source]

    That sounds almost too good to be true. If it works, I can close my bank account and just use lightning + prepaid gift cards. Has anyone tried this product in the USA? I'd love to get some verification about whether or not these Mastercard gift cards work in the USA before I go spending my precious sats on it.

    submitted by /u/nowitsalllgone
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    Seed phrase question

    Posted: 27 Nov 2019 03:27 AM PST

    Can 2 people use the same wallet (me and my wife). If we both create a wallet with the same 24 word seed. On a diffrent mobile device? Thank you, have a nice day.

    submitted by /u/RaZoR_jeedai
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    Second Bank Run In Two Weeks As China's Banks Are Caught In A Self-Destructive "Doom Loop"

    Posted: 26 Nov 2019 03:56 PM PST

    Why the next Bitcoin halvening could be the most dramatic one yet

    Posted: 27 Nov 2019 02:20 AM PST

    The Cryptoconomy Podcast: CryptoQuikRead_324 - Bitcoin Fixes This [Parker Lewis]

    Posted: 26 Nov 2019 11:14 PM PST

    SLP128 Jan Čapek – Stratum v2 Bitcoin Mining Protocol

    Posted: 27 Nov 2019 04:06 AM PST

    Bitcoin Versus Big Brother: Financial Rights Are Human Rights - Alex Gladstein, SlushHQ

    Posted: 26 Nov 2019 10:38 AM PST

    Any body else notice Forbes magazine has been pumping out slander on Bitcoin almost everyday since the price started to decline?

    Posted: 26 Nov 2019 11:07 AM PST

    A beginner's guide on what Lightning Network is and why it matters to Bitcoin

    Posted: 26 Nov 2019 10:31 AM PST

    Binance adds fiat support to buy Bitcoin using Indian Rupee

    Posted: 26 Nov 2019 07:34 AM PST

    CGminer 3.7.2 Error

    Posted: 27 Nov 2019 12:15 AM PST

    I try to run it to mine some Dogecoin, but when I do, it says "Invalid config option --kernel: Cannot specify a kernel with scrypt" I don't know what this means. Here is the file for it if you need: https://pastebin.com/PnQGzZg1 Please help, thank you.

    submitted by /u/Poll_astre
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