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    Bitcoin Daily Discussion, December 31, 2019

    Bitcoin Daily Discussion, December 31, 2019


    Daily Discussion, December 31, 2019

    Posted: 30 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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    A decade of Bitcoin history in a quick slide show

    Posted: 30 Dec 2019 02:26 PM PST

    5 more months

    Posted: 30 Dec 2019 12:02 PM PST

    [META] Can we stop posting pictures of Bitcoin ATMs?

    Posted: 30 Dec 2019 05:36 AM PST

    Yeah, we know they exist. Yeah, they look cool. But it's not crazy or worth discussion that one opened up in your little part of town.

    submitted by /u/reedyp
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    !!!! COINSWITCH & EXODUS SCAMMED 6500 EURO !!!! CoinSwitch took 6500 Euro Hostage and refuse to Return after KYC / Money swapped over Exodus

    Posted: 31 Dec 2019 01:02 AM PST

    !!!! COINSWITCH & EXODUS SCAMMED 6500 EURO !!!! CoinSwitch took 6500 Euro Hostage and refuse to Return after KYC / Money swapped over Exodus

    Hello everybody,

    My Situation:Im a User of the Exodus Wallet, I wanted to swap my coins from bitcoin cash to bitcoin.

    So I've informed myself in the web and read everywhere the Advertising of Exodus that they are not doing KYC and that theire % are a bit higher because they are taking care about all the Exchange Process.

    And also giving Support if everything goes wrong. So ive decided I will swap the coins in Exodus for the extra %.

    What happened to me?I've swapped bch worth 4500 EUR and 2000 EUR to btc. After I didn't received them for a Couple Hours I've checked the Status. In Exodus was written CONTACT US. So I've contacted Exodus.

    Exodus told me they have no Idea what happened and I should contact Coinswitch, they dont do the Exchanges by themselves, they are using coinswitch for this and get 50-70% Commission.

    So I've contacted Coinswitch in the Chat anonym and ask them if they are doing KYC, because also Coinswitch is advertising themselves that they are not doing any KYC.

    https://preview.redd.it/34lf38rdnx741.png?width=712&format=png&auto=webp&s=e2a1b8b584d42c6da90be26cc017de9a12922c31

    Theire Answer again was:No we are not doing KYC. So I was starting to google and found many Threads where People write, that Coinswitch refuse to return theire Funds without KYC, even when Coinswitch write in theire Terms, that they return the Money without KYC in maximum 72 hours. So I asked them to return my Funds. They told me they will not return them, I have to do KYC. So I was fuck it!

    https://preview.redd.it/u9ci1py2nx741.png?width=2882&format=png&auto=webp&s=ca0ffa4fa735126f864401d09449bde2a518c4fa

    • I did KYC, KYC got verified on theire Homepage.
    • After they told me they will not return my Coins they need an additional Video - I did it.
    • Than they told me its not enough, they need to see the origin of the Funds, I've showed them where I bought the Coins with Screens.
    • Was not enough, they wanted more, I've had to do for them a Screenrecording from the Place where I bought them, you can see theire also my High Reputation and many positive Feedbacks and exactly this 2 Transactions.

    Cool, now they should release my Coins after Striping down to my Underwear? Now they didn't.

    But after my Post on Reddit, and some People reaching out to Exodus on Twitter, Sebastian the COO of Exodus contacted me and promised me he will do everything to solve it immediately.

    That he was also talking to the Leadership of Coinswitch and the Problem will soon be resolved, and he understand that all this is not acceptable and so on.

    Result?CoinSwitch is not interested in the safety of any User or in General KYC. They just hope, that theire Clients are not doing KYC and they can keep the Money.

    Even if you do KYC they refuse to return the Money. Exodus is also not helping anything just Fraud-Bait-Fishing with the Advertising that there is no KYC.

    https://preview.redd.it/dqk82j0dox741.png?width=1536&format=png&auto=webp&s=8b8560c0dcb214e5c48a84683487702c97de44bf

    https://preview.redd.it/bx4awk0dox741.png?width=1544&format=png&auto=webp&s=56225a1ef4ce67ad1c29cda7348d44b4bab378c1

    https://preview.redd.it/fzy18l0dox741.png?width=1548&format=png&auto=webp&s=b53c67a8e7483b356e78ffa2063691f98129d879

    https://preview.redd.it/izpnsav0px741.png?width=1466&format=png&auto=webp&s=58e8d110c869d4d38b64a25aa8c9c12f091da526

    https://preview.redd.it/46u57ev0px741.png?width=1418&format=png&auto=webp&s=167a690d590fef444bcb6a78cb39d3c7068f71bc

    https://preview.redd.it/w71d2gv0px741.png?width=1372&format=png&auto=webp&s=0da5013a62c222bdda9e58a99605abe973dca96b

    submitted by /u/Peter1Lustig
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    We're going to make sure that Bitcoin doesn't become the equivalent of Swiss numbered bank accounts

    Posted: 30 Dec 2019 06:56 PM PST

    Why do Bitcoiners want a Lambo?

    Posted: 30 Dec 2019 03:16 PM PST

    Because Ferrari is owned by Fiat

    submitted by /u/r3310
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    An Entire Swiss Bank in Your Pocket - Bitcoin

    Posted: 30 Dec 2019 07:22 PM PST

    Let's push this past a a 1000 signatures for a bitcoin emoji! If you look at the unicode consortium many Bitcoin/₿ emojis have been proposed in the past 10 years. Only solution now is to vote them enough to consider one of the applications to give us our Bitcoin emoji!

    Posted: 31 Dec 2019 02:02 AM PST

    2019 shows that Bitcoin is getting more stable over the years. Some day, the number of times Bitcoin has been declared dead per year will go down to zero! ��⁠ ⁠ What's your opinion?⁠

    Posted: 31 Dec 2019 03:05 AM PST

    Rising prices allow Uncle Sam to pay off his debts with dollars that have been cheapened by inflation. Low inflation runs against the economic self-interest of any government that regularly borrows money. Learn about Bitcoin.

    Posted: 30 Dec 2019 12:52 PM PST

    BitMart is a scam

    Posted: 30 Dec 2019 12:52 PM PST

    Don't be stupid like I was and deposit crypto into the BitMart exchange because you will never get it back. They allow you to deposit without KYC but then they require KYC to withdraw and they have a ridiculous KYC process (a million different things, selfies, etc, all of which I provided)... they will just keep rejecting what you provided for stupid reasons. Basically they use the KYC process as a tool to prevent users from ever withdrawing their crypto.

    Please upvote so that other people will be warned not to use this scam exchange.

    submitted by /u/363363
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    The halvening can't be priced in. If the halvening is priced in, is the next halvening priced in too? How about the next 25 halvenings? It's impossible to price in halvenings. The halvening is like a change in physics.

    Posted: 30 Dec 2019 08:00 AM PST

    How long will it take to get 5,000,000,000 people onto Lightning via the Bitcoin blockchain?

    Posted: 31 Dec 2019 02:23 AM PST

    I've done some work on this, and I'm interested to see if anyone else has any thoughts on the subject.

    submitted by /u/gta3uzi
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    2010s In Bitcoin: The Year 2016

    Posted: 31 Dec 2019 03:23 AM PST

    Just got scammed over at GiftCardExchange by "hidude1212"

    Posted: 30 Dec 2019 06:58 PM PST

    Just wanted to give folks a heads up - I tried to exchange two $50 Visa gift cards that I got for Christmas for Bitcoin, but he totally ghosted after I gave him the info and now I'm screwed.

    It looks like he made a fake little history as a "verified trader". It's sad that this community isn't honest as a whole, and it really sucks that I got screwed out of my Christmas presents. That Bitcoin was really important to me, as I'm not so well off.

    Just thought I'd spread the word.

    submitted by /u/Ck111484
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    Buy Bitcoin directly through savings acct?

    Posted: 30 Dec 2019 09:51 PM PST

    Was wondering if there was a way I could purchase Bitcoin directly through a savings account rather than having to move it to my checkings and then buy it.

    submitted by /u/Vegannibba
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    Bitcoin's 9,000,000% Rise This Decade Leaves the Skeptics Aghast

    Posted: 31 Dec 2019 02:28 AM PST

    Something awesome just happened

    Posted: 30 Dec 2019 04:51 AM PST

    So I went to this Bitcoin ATM Today to get some more btc and as soon as I approach said ATM a slightly elderly woman approaches me and asks if I knew how this works. With a smile I asked what she needed and she said she has to send a certain amount of cash to a btc address until tonight.

    Sure thing, I can help you with that!

    A bright smile showed up on her face as she told me the other people at this Western Union were pretty unfriendly and she can't really believe how friendly I reacted.

    I smiled back and we started the process of getting cash into the ATM, get it on to her wallet and send it to the address she wanted it sent to.

    She was incredibly friendly, we talked a little and when all was done, she asked if she could do me any favor. I said I helped without expecting something in return and that I'm really thankful for her offer but I'm free of any wishes. She then gave me a hug and said thank you very much with a bright smile.

    It was the best encounter with another person I had Today.

    What an awesome day!

    submitted by /u/KindaUnique9
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    Bitcoin gives you a choice

    Posted: 30 Dec 2019 03:39 PM PST

    Bitcoin is Laundered, Cash Isn’t — Claims Treasury Secretary Mnuchin

    Posted: 30 Dec 2019 05:57 AM PST

    A reminder... Bitcoin tomorrow will not exists....

    Posted: 30 Dec 2019 11:55 AM PST

    My car was totaled on Christmas Day. Do I sell 500 oz of silver or one-and-a-half Bitcoin replace it?

    Posted: 30 Dec 2019 02:52 PM PST

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