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    Bitcoin Daily Discussion, December 30, 2019

    December 30, 2019

    Bitcoin Daily Discussion, December 30, 2019

    Daily Discussion, December 30, 2019

    Posted: 29 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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    Friedrich Hayek would've stacked sats like crazy

    Posted: 29 Dec 2019 01:44 PM PST

    Just like today with #bitcoin

    Posted: 29 Dec 2019 08:34 PM PST

    They can't print Bitcoin

    Posted: 29 Dec 2019 04:10 PM PST

    Bitcoin’s increasing price resistance uphill, short- and long-term

    Posted: 30 Dec 2019 02:03 AM PST

    The cat is out of the bag - Bitcoin is everyone’s problem now (Nic Carter)

    Posted: 29 Dec 2019 03:58 PM PST

    Mentor Monday, December 30, 2019: Ask all your bitcoin questions!

    Posted: 30 Dec 2019 03:00 AM PST

    Ask (and answer!) away! Here are the general rules:

    • If you'd like to learn something, ask.
    • If you'd like to share knowledge, answer.
    • Any question about Bitcoin is fair game.

    And don't forget to check out /r/BitcoinBeginners

    You can sort by new to see the latest questions that may not be answered yet.

    submitted by /u/rBitcoinMod
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    Bitcoin Embassy in Mexico City!

    Posted: 29 Dec 2019 05:09 PM PST

    Bitcoin ATMs are a good start. Improved wallet GUI and ease-of-use is even better. We need to continue to focus on usability and adoption.

    Posted: 29 Dec 2019 07:45 PM PST

    Bitcoin is reaching a point in its development where I think it is time we focus on ease-of-use features of Bitcoin for the average Jane and Joe.

    It's not like it was back when we had to manually handle addresses and run our own nodes. People don't want to have to invest time or effort in order to benefit from something.

    Most folks don't even care about how it works or why. They only care about what Bitcoin can do for them.

    Bitcoin is safe. Bitcoin is easy. Bitcoin is for everyone.

    Just recently I saw a conversation on Facebook where a lot of people were having issues with Square, Etsy, Paypal, etc for banning them because they were selling mature items, or items related to "witchcraft" or w/e.

    These are exactly the people we need to target for adoption. People operating legal, but marginalized, operations in need of financial services.

    We have to reach for the low-hanging fruit first, and the easiest sell is going to be to people who can't buy anything else worth having. Go for people who have trouble participating in the legitimate money system and we'll find our next adoptive group.

    Point out that accepting and sending payments is as easy as 3 steps.

    1. Download a wallet app like Coinomi, or w/e you like to recommend.

    2. Set up a wallet by writing down a 12 word seed phrase in a safe location.

    3. Start accepting & sending payments!

    Offer to accept Bitcoin as payment for small favors, even if you know they don't have any. Somebody needs to pay you back for lunch? Gas money? Say you accept cash & Bitcoin. Keep it on people's minds.

    submitted by /u/gta3uzi
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    Just wow.

    Posted: 30 Dec 2019 12:28 AM PST

    Guide to setting up a bitcoin node with no technical background? Not sure if i should do full or lite node.

    Posted: 30 Dec 2019 12:25 AM PST

    Hello fellow bitcoiners, i have been in the space for a little bit and have always kept up to date on bitcointwitter/cryptotwitter. I love a lot of things about the community and the fact that it is always growing. Just need to know a good guide to set up a bitcoin full node or maybe just a node and then maybe a lightning node as well. A list of items to get and a noobs guide would be great haha thanks!

    submitted by /u/leduke188
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    It's not too late to be early

    Posted: 29 Dec 2019 04:04 PM PST

    Cash App considering Bitcoin limit orders, recurring purchases and gifting

    Posted: 29 Dec 2019 02:14 PM PST

    {NOOB} Best wallet for Kraken user?

    Posted: 30 Dec 2019 03:00 AM PST

    Hello,

    I keep reading that it's best to keep ones coins in a hardware wallet. As I'm pretty new to all of this, I do have a few questions:

    - What wallet hardware would you recommend? Any opinions on Trezor or Ledger?

    - How quick is a transfer to the wallet? And is it easy to transfer coins back in to Kraken to sell in the future?

    - Why isn't it safe to just keep ones coins on an exchange platform like Kraken?

    Sorry for the newbie questions, I'm still learning about this new technology.

    Many thanks!

    Regards,

    submitted by /u/BruceWayneManor_
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    Legit anonymous exchanges?

    Posted: 29 Dec 2019 10:41 PM PST

    I'd like to exchange [random crap coin] to [BTC] without going through the whole sign-up and verification process of regular exchanges. (e.g. like shapeshift used to allow when it was first launched.)

    There are many results for this type of thing in Google, but having never heard of any of them, it's easy to imagine that they're all scams, that will take a deposit of random crap coin, but then never send the BTC.

    Any legit recommendations?

    Thanks!

    Update: I was able to exchange via https://fixedfloat.com thanks to /u/cointastical. I had a slight hiccup, because the custodial LN service I'm using temporarily has a default 20 minute expiry on generated invoices... which expired before my FixedFloat deposit got enough confirmations. Luckily however, their support staff was friendly and got everything sorted, after I sent them a fresh LN invoice. Success!

    submitted by /u/fakebluepants
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    $15k to invest. Is bitcoin the answer?

    Posted: 29 Dec 2019 11:50 AM PST

    Quick question for the community. I recently came across a spare $15k from an old retirement account I forgot about. I want to invest it in bitcoin. Is that a good idea?

    For the record: 40 yr old, no other retirement savings. Studying to take the Texas bar, but will probably inherit the family home/land and some money in about 20 years.

    submitted by /u/difficult_lady
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    Finally got away from paper wallets and oh what a relief it is.

    Posted: 29 Dec 2019 12:14 PM PST

    Where to sell a 2011 Casascius physical Bitcoin?

    Posted: 29 Dec 2019 05:11 PM PST

    In the Portland, Oregon area and trying to sell an original intact 2011 Casascius 1 BTC coin with the CASACIUS typo on the hologram.

    Any recommendations for where and how to sell the coin? No eBay account, and not sure this would be a good way to start eBay. Any other suggested approaches that would allow for an in-person transaction?

    The coin is in the official list (https://www.casascius.com/fulllist.txt) with address 1Ao79Jc2EUQbBbN7ei9WKjLbmcGRcMLFXc, which can be verified on a block explorer as having been loaded onto the private key on the back of the tamper proof hologram on November, 27, 2011, and hasn't been touched (see: https://www.blockchain.com/btc/address/1Ao79Jc2EUQbBbN7ei9WKjLbmcGRcMLFXc )

    So far, the only step taken is just a local Craigslist ad: https://portland.craigslist.org/wsc/clt/d/beaverton-2011-casascius-physical/7046319972.html

    submitted by /u/sunsetreunion
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    Built a CryptoCurrency Conversion Website

    Posted: 29 Dec 2019 09:19 PM PST

    Created a Preev clone but instead of only BTC, LTC, and DOGE it tracks the top 5 cryptocurrencies.

    New to web dev so any feedback or ideas is appreciated! Hope some of you find this useful haha

    http://www.coinconv.me/

    submitted by /u/Skwiidy
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    A bit late for the Christmas, but I just got gifted some ‘bitcoins’ from my parents as a gag gift and thought they were pretty cool.

    Posted: 29 Dec 2019 01:23 PM PST

    The 2010s in Bitcoin: The Year 2015

    Posted: 29 Dec 2019 11:43 PM PST

    Atomic Wallet Underage?

    Posted: 30 Dec 2019 03:15 AM PST

    Hey, Guys, I've Recently Selected Atomic Wallet As My Main Crypto Wallet So Is It Ok For Under 18? Thanks :)

    submitted by /u/Vesh19
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    Not confusing at all. Someone gonna be disappointed. It's fake prize exchange credit that they call "their own cryptocurrency"

    Posted: 29 Dec 2019 02:45 PM PST

    Lightning network payments accepted on new POS

    Posted: 29 Dec 2019 04:26 AM PST
    Read more
    at

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