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    Wednesday, December 11, 2019

    Bitcoin 2019: A Light(ning) year of progress

    Bitcoin 2019: A Light(ning) year of progress


    2019: A Light(ning) year of progress

    Posted: 10 Dec 2019 06:42 AM PST

    Daily Discussion, December 11, 2019

    Posted: 10 Dec 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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    How Bitcoin can reach $100,000 each ��

    Posted: 10 Dec 2019 10:12 PM PST

    Bitcoin Beer Faucet

    Posted: 10 Dec 2019 06:19 AM PST

    So you're telling me Bitcoin is gonna be a big deal

    Posted: 10 Dec 2019 01:51 PM PST

    US cracks Bitcoin Ponzi scheme, involving 722 million

    Posted: 10 Dec 2019 11:34 PM PST

    The U.S. Department of Justice announced on Tuesday that it had cracked a $ 722 million bitcoin "Ponzi scheme". Even more surprising is that the scam was run by only 3 men. The US Department of Justice claims that this is a "high-tech Ponzi scheme" operated by the "BitClub Network". From April 2014 to December this year, the scam gang used false Bitcoin mining revenue to attract unsuspecting Investors. Deceive them to invest and reward them for recruiting new investors. The defendant in the case, Matthew Brent Goettsche, called the investor a "dumbass" in a correspondence with his associates and said that he "established the entire model on the back of an idiot".

    submitted by /u/Emma5201
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    Bitcoin Rollercoaster with Astronaut

    Posted: 10 Dec 2019 10:22 PM PST

    UPDATE: My bitcoin mobile game is now live on the playstore (link in the comments)

    Posted: 10 Dec 2019 09:20 AM PST

    Game review: Too realistic

    Posted: 10 Dec 2019 11:52 PM PST

    Kraken Security Labs has found a way to extract seeds from a KeepKey cryptocurrency hardware wallet.

    Posted: 10 Dec 2019 01:29 PM PST

    Interesting qoute from "Conversations with God" - I dare you to throw out all your money, all your papers and coins and individual national currencies, and start over. Develop an international monetary system that is wide open, totally visible, immediately traceable, completely accountable.

    Posted: 10 Dec 2019 11:50 PM PST

    My courses are starting to teach about blockchain, bitcoin and other crypto currencies

    Posted: 10 Dec 2019 04:49 PM PST

    This is the first semester that business analytics courses and information management courses have started teaching about bitcoin and other cryptocurrencies.

    One professor even referred to it as the currency of the future!

    I'm very happy that this is being implemented in the classroom and just wanted to let y'all know.

    submitted by /u/Graver_12
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    Bitcoin imposters have nowhere to hide in these TX Value Heat Maps.

    Posted: 10 Dec 2019 10:32 PM PST

    Bitcoin : The first fund REGULATED by the French Financial Market Authority has just been released!

    Posted: 11 Dec 2019 02:40 AM PST

    Article from LesEchos, a respectable Newspaper specialized in Finance, Politics and Economics.

    link of the article:

    https://www.lesechos.fr/finance-marches/banque-assurances/exclusif-bitcoin-le-premier-fonds-regule-par-lamf-est-enfin-disponible-1155412

    It's in french, you might want to use ggl. trans.

    For the full article, open the link in an incognito window ...

    Have a good day !

    Onwards ... and Upwards !

    submitted by /u/TheIron8
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    How to explain that everything is about decentralization

    Posted: 11 Dec 2019 02:18 AM PST

    Censorship resistance, immutability and scarcity are emergent properties. Properties that emerge on Bitcoin as a global decentralized system. The Bitcoin network as a whole, is more than the sum of the parts. Bitcoin is a genuinely decentralized system, where people from different backgrounds, and with different goals, but all, following the 'don''t trust verify' mindset, agree to follow the same set of rules written in the Bitcoin protocol. This is the reason why these emergent properties arise.

    Without decentralization, the properties are the same as a standard database. These properties can't be anything else as the properties we already have on a standard database managed by a central authority. People rely on fairy tales to expect a different outcome.

    Bitcoin is alone in this world as the only decentralized system solving The Byzantine Generals Problem.

    submitted by /u/btchardmoney
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    True?

    Posted: 10 Dec 2019 05:19 AM PST

    US Gov is Hostile to US Citizen Crypto Users

    Posted: 10 Dec 2019 09:38 PM PST

    I was doing a double take to look at the fees on coinbase and I realized it is by far the highest in the industry. Even my backwater offshore forex sites that charge a 22% spread which I thought was criminal are half as much as coinbase. .22% vs .50% on coinbase.

    I just saw even more bad news. Apparently the holding company for ledgerX the exchange did a hostile take over and put the CEOs on administrative leave. I find it extremely fishy that the only non legacy wallstreet derivative exchange that is regulated in the united states has repeatedly had huge set backs and drama, it strikes me as though there is a concerted effort by the likes of Baakt, Fidelity, and CME to engage in monopolistic behavior.

    Then we look at the total shitshow that Bittrex became, and then Poloniex boots Americans completely, Binance is forced into making a US division which they give executive powers to a ripple wallstreet CEO. Local Bitcoins is shut down. Mnuchin on tv making open threats to bitcoiners. ICO bans. Endless IRS bullshit.

    What blows my mind is that the obvious isn't obvious to the average american crypto user. That the government is making concerted anti free market decisions to absolutely knee cap our options, driving exchanges out of the space and colluding with Brian Armstrong while basically doing everything it humanly can to give the reigns to wallstreet with extreme and I mean EXTREME intermediary custodian bullshit by the likes of fidelity. They refuse to give us regulated high leverage derivative platforms, don't allow retail to even fucking use CME or Baakt.

    Honestly the only good regulated platform left is Kraken. If they take Kraken I'm just hodling and resorting to legacy finance where I can at least trade crude oil in fucking peace.

    The point of the story, is that Andreas Antonopolis is right about everything. We need an interchain, we need full DeFi unseizable DEX ecosystems with no FUCKING EXCHANGE NO FUCKING EXCHANGE REGULATED BY THE USA NO NO NO.

    We need defi everything. I saw a guy in china working on building a DEX version of bitmex, I say good riddance, DEX everything, until there's nothing left to DEX. Host it all on IFPS.

    You sheeple really gotta wake up and stop letting the boomers regulate us into poverty, the regulatory situation in the united states is disgraceful. They are trying to make bitcoin not bitcoin. If you give them an inch they will take a mile.

    We need the #interchain with the likes of plasma and cosmos, and raden, and so forth. These son of a bitches keep talking about intermediaries. and custodian this, and everything about goddamn walstreet,

    Take a look around, look at cash app, coinbase, bitterex, poloniex, gemini, the options for US citizen are a steaming pile of horse shit.

    We can't settle for this.

    submitted by /u/samdane7777
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    Edward Snowden...Legendary!!!! Thank you!!!!

    Posted: 10 Dec 2019 10:04 AM PST

    Edward Snowden...Legendary!!!! Thank you!!!!

    u/Snowden u/Bitcoin #Freedom #Revolution

    https://www.youtube.com/watch?v=ztf2GUeNCV8

    submitted by /u/CryptoYoda13
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    What mining Bitcoins in 2009 felt like

    Posted: 10 Dec 2019 03:03 PM PST

    Lightning Network Games

    Posted: 11 Dec 2019 12:54 AM PST

    Bitcoin 2019 A Conversation with Edward Snowden

    Posted: 10 Dec 2019 11:28 AM PST

    Bitcoin Optech Newsletter #76

    Posted: 11 Dec 2019 04:17 AM PST

    The Cryptoconomy Podcast: CryptoChat_028 - Horny for Justice at the Raleigh Meetup

    Posted: 11 Dec 2019 01:20 AM PST

    Fun with Bitcoin: Interview with Katoshi B (@bitcoinkatia)

    Posted: 11 Dec 2019 12:54 AM PST

    Japanese startup unveils all-in-one Lightning wallet, Bitcoin full node app

    Posted: 10 Dec 2019 02:01 PM PST

    Bitcoin Frightens Politicians, Bankers And Economists For One Essential Reason

    Posted: 10 Dec 2019 11:12 PM PST

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