Bitcoin Daily Discussion, December 15, 2019 |
- Daily Discussion, December 15, 2019
- On this day, 1 year ago, we hit the absolute bottom of $3200. Since then, we are up more than 115%. Dominance went from 55% to more than 66%. Who said we are in a new bear market?
- Billionaires Buying Bitcoin: Bill Pulte Announces 11 BTC Purchase
- It was not a one-time billionaire thing (the announcement he bought Bitcoin). He is now actively helping to grow adoption.
- Btc is beautiful
- Holy s#%t! It's only four and a half months until the halving!
- Report: $178 million in crypto stolen in 2019 - The Cryptonomist
- Those who got IRS Form 6173/6174 and sent a response, did you get a reply from the IRS yet?
- The Fed Will Print 3 Times Bitcoin’s Marketcap in Dollars This January!
- A former Bitcoin skeptic explains why he thinks Bitcoin has great potential.
- According to our detailed analysis, only 3 of the top 37 Android Bitcoin wallets can be publicly verified!
- Great Idea!
- Bitcoin is a long-term, buy-and-hold investment which rewards patient investors. (2013-11-05 screenshot)
- Kraken Noob
- Found this movie - Mosquito: A Fistful of Bitcoins (IMDB 7.5)
- All of us here are long-term bullish on Bitcoin, but what are some reasons it won't work out?
- Buying And Using Bitcoin Does Not Require That You Understand Money
- What would be the next thing that would potentially cause some actual steady (or quick) change in price?
- Just a reminder that you can feed some chickens instantly from anywhere in the world with the lightning ⚡ network and watch over a live stream.
- Any OGs that cashed out tens of millions still lurking here? How did you even do it, logistically?
- More money printing from the Fed.
- Passive vs. Active Investing in Crypto
- Are there any bitcoin-tx tutorials?
- In Venezuela, buying up bitcoins, the rate is close to $ 9500
- [Help] How can I securely gift Bitcoin this Christmas to my relatives without buying a ledger/trezor?
| Daily Discussion, December 15, 2019 Posted: 14 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. [link] [comments]  | ||
| Posted: 14 Dec 2019 11:32 PM PST
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| Billionaires Buying Bitcoin: Bill Pulte Announces 11 BTC Purchase Posted: 14 Dec 2019 09:24 AM PST
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| Posted: 14 Dec 2019 05:15 PM PST
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| Posted: 14 Dec 2019 12:39 PM PST
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| Holy s#%t! It's only four and a half months until the halving! Posted: 14 Dec 2019 10:53 AM PST Last time I checked it was still half a year away.. Where does the time go!?! https://www.binance.vision/halving 🚀🚀🚀 [link] [comments]  | ||
| Report: $178 million in crypto stolen in 2019 - The Cryptonomist Posted: 14 Dec 2019 11:45 PM PST
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| Those who got IRS Form 6173/6174 and sent a response, did you get a reply from the IRS yet? Posted: 15 Dec 2019 12:17 AM PST | ||
| The Fed Will Print 3 Times Bitcoin’s Marketcap in Dollars This January! Posted: 14 Dec 2019 01:57 PM PST | ||
| A former Bitcoin skeptic explains why he thinks Bitcoin has great potential. Posted: 14 Dec 2019 07:59 PM PST
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| Posted: 14 Dec 2019 07:45 PM PST We just launched https://walletscrutiny.com/ where we tried to reproduce each app as it is found on Google Play at the moment of our analysis and to our surprise even most open source wallets were not verifiable. Verifiability is a big deal! I am the release manager of a wallet and if my colleagues would not verify every release that I build, a gun to the head might be all it takes to get an update released that leaks all the backups of all the users to an evil guy who then could wait until the funds under his control plateau, to press the button and grab it all. He could steal the funds of all users at once. How do you know the wallet you are using doesn't have a backdoor like that? Good track record is no guarantee to not come under distress in the future. Providers might hand over the reign to good paying buyers, too. [link] [comments]  | ||
| Posted: 14 Dec 2019 04:30 PM PST
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| Posted: 14 Dec 2019 09:30 AM PST
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| Posted: 15 Dec 2019 01:22 AM PST I want to sell bitcoin on Kraken. It seems straightforward enough, but I want to be 100% of what I'm doing. Here's how I see it happening...
Is this basically how it goes? Is there anything I'm missing? Is there any glaring issue to consider in this transaction? Thanks ahead of time. I see that you guys really seem to look out for one another. Cheers! [link] [comments]  | ||
| Found this movie - Mosquito: A Fistful of Bitcoins (IMDB 7.5) Posted: 14 Dec 2019 06:14 PM PST
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| All of us here are long-term bullish on Bitcoin, but what are some reasons it won't work out? Posted: 14 Dec 2019 12:33 PM PST Like the title says, we tend to believe and share stories and quotes from other people who also believe in Bitcoin having widespread adoption. But, what are some reasons Bitcoin won't work out? [link] [comments]  | ||
| Buying And Using Bitcoin Does Not Require That You Understand Money Posted: 15 Dec 2019 03:29 AM PST
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| Posted: 14 Dec 2019 08:36 PM PST I'm new to the hodl crew and do my best not to look at my wallet or check prices etc but I'm curious if anyone has any idea what would potentially be a "substantial" event they would lead to a change in prices. Good or bad. The next halving date? Either way I'm def in a collect only mode right now. Just taking in all coin I can that isn't actually costing me through purchase. For example I have friends that I've talked about coin often talk me into helping them get started. Now I'll offer to pay for lunch or whatever and have them just pay me back in coin. They love pulling they're phone out and scanning QR code's etc. [link] [comments]  | ||
| Posted: 14 Dec 2019 05:26 PM PST | ||
| Any OGs that cashed out tens of millions still lurking here? How did you even do it, logistically? Posted: 15 Dec 2019 01:17 AM PST Obviously make a fake username to reply to this. I've periodically thought about how one would go about cashing out if they hit the lottery with crypto, as many many many people already have. Do you just convert your winning shitcoin to 6,000 BTC on Binance and then send it to Gemini/Coinbase? Then just casually do a slow but methodical sell of 6,000 BTC to USD on Gemini/Coinbase? Then just casually have a USD balance of $40 million sitting in your Gemini account and pray to The Lord that nothing goes wrong? Then wire that massive amount of money and hope Geimini even has that much USD on hand to fill it? How would someone even do this? [link] [comments]  | ||
| More money printing from the Fed. Posted: 14 Dec 2019 05:57 AM PST
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| Passive vs. Active Investing in Crypto Posted: 15 Dec 2019 03:00 AM PST There has been the age-old dilemma between passive and active investing in finance. In the latest episode of the Amun Research State of Crypto podcast, the Amun team discussed the trade-offs between active and passive investing strategies in crypto. Importantly, often passive strategies offer a more reliable way for an investor to get risk-adjusted returns in the crypto asset industry. You can watch the full episode at the following links: Spotify — https://spoti.fi/342wuPf Apple Podcasts — https://apple.co/349bN4l Megaphone — http://traffic.megaphone.fm/BWG4350755287.mp3 [link] [comments]  | ||
| Are there any bitcoin-tx tutorials? Posted: 14 Dec 2019 07:16 PM PST This: https://bitcoin.org/en/developer-examples Has nothing on bitcoin-tx and I can't find any tutorials on it. I'd like to figure out how to create raw transactions and do them myself. Why? Because freedom and fuck fiat. Does anyone know of a source that can teach me to use bitcoin-tx. And yes - I'm fairly familiar with bitcoin-cli. Thanks in advance for any help. [link] [comments]  | ||
| In Venezuela, buying up bitcoins, the rate is close to $ 9500 Posted: 14 Dec 2019 09:39 AM PST The Venezuelan currency of the Bolivar to the US dollar declined by more than 1% per day, follows from the official message of the country's central bank. On December 6, the Bolivar rate updated its historical maximum, breaking the psychological mark of 40,000 and at the time of writing, is 41,623 bolivars per dollar. Since the beginning of the year, the bolivar rate has decreased by 22004.21% The difficult economic situation has led to the highest inflation in Venezuela. The Venezuelan economy has halved since 2013. Oil production and export fell to the level of the 1940s, multinational corporations leave the country, and foreign embassies close or reduce the number of diplomats. "Caracas has an eerie feel for a modern city whose people have gone on vacation forever," said David Smild of WOLA, an American human rights organization. "The buildings, streets and roads remained the same, but there are half as many pedestrians, cars and goods." A few decades ago, Venezuelans flew from Caracas to Paris on Concorde supersonic airliners. Now they are leaving a country devastated by the economic crisis and finding themselves in political isolation for their two across the border with Colombia, Ecuador or Brazil. Foreign companies leave the country together with residents, while the remaining Venezuelans are rapidly curtailing their business. The country has become a beggar, it even got to the point that McDonald's suspended the sale of Big Mac hamburgers in Venezuela due to a shortage of bread. Even toilet paper was once in short supply. However, with such inflation, it is economically more profitable to use money instead. Medicines are also in short supply. How did "loving" citizens react to hyperinflation, lack of drugs and toilet paper, restrictions on daily cash withdrawals from banks and accrual of pensions at Petro, which they do not accept at any store? Three million have left, the rest are trying to survive on the ground. The topic of cryptocurrencies would never have arisen in Venezuela if the authorities had not forbidden citizens to use freely convertible money. Of course, despite the prohibitions, the country has a black currency market, so it would seem that he exchanged the garbage of sovereign bolivars for enemy dollars and enjoy life. The problem, however, is that there is nothing for people to exchange internally. The average salary is four dollars a month, in addition, paid in bolivars. By the time you get to the local currency speculator, the papers will depreciate to three dollars. The whole parish, as it is, is the earnings of relatives and relatives who emigrated to Colombia, Argentina, Brazil and further throughout America. How to transfer their money to Venezuela if it is forbidden to use convertible currency? It was then that cryptocurrencies came to the rescue. Why ordinary Venezuelans from more than 1600 cryptocurrencies opted for Bitcoin? Bitcoin as a cryptocurrency, of course, is endowed with objective advantages: it is an open and decentralized payment system with genuine anonymity, an instant transaction service, symbolic commission and the absence of intermediaries. Talk about Petro. Petro has never been a cryptocurrency, but has always been a token, in addition to a vague etiology. Cryptocurrency is a unit of account, transactions with which are carried out in a decentralized, cryptographically protected database - blockchain. A token is a debt obligation or contract for the provision of services in the present or in the future. Petro has never had its blockchain. At first it was stated that the "national cryptocurrency of Venezuela" will exist on the Etherium blockchain, that is, in the form of an ERC-20 token. Then the documentation was changed, transferring the "cryptocurrency" to the NEM blockchain. At the last moment, they again changed their minds and "registered" in Etherium. There is no need to talk about any decentralization of Petro: formally, the token is tied to the price of 1 barrel of Venezuelan oil, but this value is determined not by the market rate (which goes in the range of 42–72 dollars), but by decrees of the country's president. In addition, Ayacucho 1 oil reserves in the Atapirir region, which have never been developed by anyone, are offered as a "cryptocurrency" collateral. For Venezuelans, Petro was and remains a fiction, and the last real refuge from poverty gives them the most real cryptocurrency - Bitcoin. [link] [comments]  | ||
| Posted: 15 Dec 2019 02:44 AM PST Hi bitcoin lovers, I'd like to gift a few friends and relatives a small amount of Bitcoin for Christmas but having to buy a cold storage kills my budget. Is there a way of generating addresses, filling them with 20-30$ of Bitcoin and sharing with them the public and private key? Thank you a lot for help, The future is near to arrive 😉 [link] [comments]  |
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