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    Bitcoin Daily Discussion, December 18, 2019

    Bitcoin Daily Discussion, December 18, 2019


    Daily Discussion, December 18, 2019

    Posted: 17 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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    Even another perspective

    Posted: 17 Dec 2019 06:28 PM PST

    Another Perspective

    Posted: 17 Dec 2019 08:17 AM PST

    Displaying any raw transaction data in structured & colorized way, with tooltip showing what those numbers really represent. Try at https://nioctib.tech

    Posted: 17 Dec 2019 04:49 PM PST

    World banks waiting for Bitcoin to die once and for all.

    Posted: 18 Dec 2019 01:36 AM PST

    Crypto for the Holidays

    Posted: 17 Dec 2019 07:25 PM PST

    For Christmas I usually mail my niece a card and $20. This year I sent a text explaining how to get a BTC address using Trust Wallet mobile app - just because it's super easy. (she's 16 yrs old, for context) She had heard of Bitcoin but didn't really know anything about it. Then I sent her a little BTC. Her reply: "OMG, Cool!!!!! Thanks, This is awesome" Her mom (my sister) said she's now learning about Bitcoin and is all excited about it. A small win for crypto! I guess they don't teach this stuff in schools yet.

    submitted by /u/zerostaticcom
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    How a Whale Crashed Bitcoin To Sub-$7,000 Overnight

    Posted: 18 Dec 2019 12:05 AM PST

    UK's Oldest Crypto Exchange to Delist Ethereum & Bitcoin Cash, and Focus Solely on Bitcoin - CoinDesk

    Posted: 17 Dec 2019 05:49 AM PST

    Ex-employee claims Kraken bank accounts "were short millions of dollars" in wrongful termination lawsuit

    Posted: 17 Dec 2019 04:30 PM PST

    CNN says bitcoin is the best investment of the decade!

    Posted: 17 Dec 2019 10:31 AM PST

    This is the best way to fight... enjoy

    Posted: 17 Dec 2019 01:44 PM PST

    Does anyone have a guide for Bitcoin for beginners?

    Posted: 17 Dec 2019 10:44 PM PST

    I am wanting to understand the process of bitcoin and how to do it

    submitted by /u/unfilteredflower
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    Bitcoin is ‘winning;’ currency without government is ‘great,’ says Nassim Taleb

    Posted: 17 Dec 2019 12:35 PM PST

    I think it's time to bring back this gem

    Posted: 18 Dec 2019 01:47 AM PST

    Price is 95% below the "McAfee line"

    Posted: 17 Dec 2019 09:00 AM PST

    One of the few Bitcoin shops I spotted next to the Grand Bazaar in Istanbul. (The Grand Bazaar has a huge section of currency and gold markets.)

    Posted: 17 Dec 2019 08:25 AM PST

    Bitcoin Price vs Blockchain Dev New Hires

    Posted: 17 Dec 2019 10:29 PM PST

    hardest global reserve currency and store of value

    Posted: 17 Dec 2019 07:11 PM PST

    Casino in Prague accepting Bitcoin

    Posted: 17 Dec 2019 03:18 PM PST

    Its all because of Star Wars

    Posted: 18 Dec 2019 12:50 AM PST

    Ok i think i have cracked the btc code with Star Wars

    On the 18.12.2015 the first new star wars film came out. It was a safe move telling the same old story but it was well received and the crypto market moved up

    On the 16.12.2016 rogue one came out and people loved it. I almost cried after the hallway scene. And the crypto market entered into the massive bull run of 2017

    But then on the 15.12.2018 The Last Jedi came out and it sucked. Fans were angry and 2 day later btc reached its ATH and and the collective anger over the film caused the bear market of 2018

    When Solo came out in 25th of May it was a good move but due to all the anger over the last movie no one went to see it so there was only a small bounce in price shortly after

    Now we are in the week of the world release of Star Wars The Rise of Skywalker and we are experiencing a lot of volatility. I believe the market is waiting to see will it be a great move and a satisfying end to a 40+ yeard of build up or will it bomb and bring the market down with it.....

    submitted by /u/X_Wing_Nut
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    why did i buy at 11k?

    Posted: 17 Dec 2019 02:08 PM PST

    someone tell me something good...

    submitted by /u/rodogg85
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    Your are here now. If you hodl through the next decade you'll be an OG.

    Posted: 17 Dec 2019 09:53 AM PST

    If you stack sats it's a use case and you are early adopter. Price doesn't matter.

    Stay positive, have fun and hodl on.

    submitted by /u/kozmos_vp
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    Not that BTC's price in USD is all that matters, but the thing about long downward fiat price trends in Bitcoin is that they always turn into long upward price trends which push the fiat price to new all time highs... because the fundamental reasons for Bitcoin's existence still haven't changed.

    Posted: 17 Dec 2019 06:20 AM PST

    While Bitcoin's price has captivating qualities and excessive influence on our emotions, remember that the fundamental reasons for Bitcoin's existence have not changed. Until those fundamentals change in a material way, then I'm bullish on the price long-term. It's important to focus on less volatile metrics that are more fundamental to Bitcoin's investment thesis. Here is a quick list of fundamental reasons for Bitcoin's existence:

    1) The Fed continues to monetize government debt and bailout banks.

    2) Bitcoin continues to add blocks roughly every ten minutes with every satoshi 100% completely and accurately accounted for.

    3) Miners continue to push hash rate higher. Although you'll notice that difficulty and hash rate are currently stagnating, which we have seen happen repeatedly throughout Bitcoin's history.

    4) Developers are building out more infrastructure.

    5) The US govt will continue to run budget deficits and increase the debt through excessive spending on military, welfare, and govt pet projects.

    6) Financial surveillance continues to increase as governments encroach on human liberty around the world.

    7) American consumerism continues to change and shape our environment in ways that we may not understand until it is too late. Bitcoin is a check on consumer culture.

    8) 6 billion people around the world exist outside the US-centric banking system. Bitcoin will accept them onto its financial network no questions asked... Banks will deny these people financial services until they comply with the banks rules and meet certain net worth requirements.

    submitted by /u/the420chronicler
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    Internet Giants, Defied by Bitcoin, Now See Its Tech as a Remedy

    Posted: 18 Dec 2019 03:17 AM PST

    Bitcoin in Accumulation Stage Before Halving - 7Bitcoins

    Posted: 18 Dec 2019 03:12 AM PST

    Fidelity moves to establish new digital asset business supporting european institutional investors

    Posted: 17 Dec 2019 12:25 PM PST

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