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    Bitcoin Daily Discussion, February 02, 2020

    Bitcoin Daily Discussion, February 02, 2020


    Daily Discussion, February 02, 2020

    Posted: 01 Feb 2020 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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    BREAKING: Twitter adds Bitcoin emoji whenever you use the hashtag!!!

    Posted: 01 Feb 2020 07:11 PM PST

    Twitter Added Bitcoin emoji!

    Posted: 02 Feb 2020 12:02 AM PST

    Bitcoin sees its best January in 7 years as Halvening nears

    Posted: 01 Feb 2020 05:10 AM PST

    Buy bitcoin instead

    Posted: 01 Feb 2020 11:47 AM PST

    Bitcoin Halvening is happening in 100 days!

    Posted: 01 Feb 2020 08:02 PM PST

    It's Time To Print. China to inject $174 billion of liquidity on Feb. 3 as markets reopen

    Posted: 02 Feb 2020 01:42 AM PST

    Bitcoin emoji in Unicode: "Two separate #bitcoin emoji proposals have been denied by Unicode. I think it's about time we get one."

    Posted: 01 Feb 2020 11:28 PM PST

    Will Reeves (Fold CEO): “Now that anyone can pay a lightning invoice with a debit card, merchants that want or need to accept bitcoin no longer have to sacrifice market size. That means the better products and services offered by bitcoiners, the more fiat will flow into Bitcoin from nocoiners.”

    Posted: 01 Feb 2020 05:34 PM PST

    Everyone’s prob tired of seeing these BTC ATMs, but this is the first one I’ve seen in the wild in D.C. ��

    Posted: 01 Feb 2020 07:25 PM PST

    Seifedean Ammous on why Bitcoin and not some other coin

    Posted: 02 Feb 2020 12:42 AM PST

    Its only 3 months (92 days) until the halving!

    Posted: 01 Feb 2020 07:34 AM PST

    Andy Edstrom explains why Bitcoin will become a $8 Trillion Economy by 2030

    Posted: 02 Feb 2020 02:36 AM PST

    A Global Standard of Value: Utilizing Bitcoin's Fixed Scarcity to Establish a Universal Constant of Value

    Posted: 01 Feb 2020 03:17 PM PST

    You are all Elitists if you own any amount of Bitcoin now. Fidelity sent notices to clients about Bitcoin

    Posted: 01 Feb 2020 04:48 PM PST

    Seen in Paris ;)

    Posted: 01 Feb 2020 11:27 AM PST

    SatoshiQuest a Bitcoin Minecraft Treasure hunt

    Posted: 01 Feb 2020 05:48 PM PST

    SatoshiQuest a Bitcoin Minecraft Treasure hunt

    Hi!

    I normally don't post much, just make videos of here, but I made something with bitcoin I thought might interest some people here.

    Simply put, its a Minecraft treasure hunt where lives are $1 in BTC and most goes into a loot pot for 1 player to find, then everything resets.

    It is 100% open source https://github.com/BitcoinJake09/SatoshiQuest

    Info about the server and how to connect can be found here: http://AllAboutBTC.com/SatoshiQuest.html

    each player has a unique in game wallet linked to their players minecraft UUID

    all transactions are 100% ON CHAIN.

    https://preview.redd.it/n97m7l6g1fe41.png?width=854&format=png&auto=webp&s=47531e98c79d0c91e95132549474325fba142de6

    https://preview.redd.it/cpw0jgkl1fe41.png?width=1366&format=png&auto=webp&s=38bb42f293f29fb4434008e4dd4e24410d9d2846

    https://preview.redd.it/gio0e7pn1fe41.png?width=854&format=png&auto=webp&s=39117517ed06a002b6116fd95f4cce820ba32119

    https://preview.redd.it/6cthjhvx1fe41.png?width=854&format=png&auto=webp&s=5406709b7738a5e505f50c2de07eaf5ede09c8e2

    submitted by /u/BitcoinJake09
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    100 Days Until the Halving - Are You Ready?

    Posted: 01 Feb 2020 08:19 PM PST

    The 0.003 BTC standard

    Posted: 02 Feb 2020 03:26 AM PST

    (Rough estimates)

    21,000,000 BTC

    7,700,000,000 people

    If split equally thats 0.003 BTC per person

    Now for My Fair Evaluation on 1 BTC...

    Hypothetically if everyone owned 0.003 and that 0.003 was valued at $100 then 1 BTC would be valued at $33,000

    The world has over 2000 BILLIONAIRES and over 36,000,000 MILLIONAIRES

    Lets not forget about Banks, Corporations, Institutions, Governments and etc

    submitted by /u/tenogold
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    #2025

    Posted: 01 Feb 2020 10:23 AM PST

    • "Strike" like apps will proliferate. Paypal will implement fiat to lightning invoice payments. Ultimately all Banks worldwide will release their own wallet apps that can send fiat from your bank account to a lightning invoice.

    • Square will lead the charge in implementing payments via lightning invoices into their point of sale terminal. All other POS service providers globally will follow suit. BTCPay Server over lightning will become an open source global standard much like Linux.

    • Facebooks Libra project will hit huge regulatory hurdles and fall back to holding local fiat balances and opt to run on top of lightning to facilitate transactions. All social network giants will add wallets that allow fiat balances to be held but can send to and receive from lightning invoices.

    • All smart phone manufacturers will utilize their inbuilt secure element to build secure wallet apps that can send to and receive from lightning invoices.

    • All banks, all financial payment apps, all point of sale service providers, all social network wallets, all smartphone wallets will all live on top of Bitcoins lightning network and speak to each other through lightning. Any wallet or payment service that doesn't interoperate with lightning will be considered non-functional, much like an email service provider that doesn't operate over SMTP.

    Every single one of these wallets worldwide will be able to send money from and receive money to any other wallet anywhere on earth at any time of day instantly for free.

    Instead of a convoluted mess of countless segregated slow for-profit companies propagating the worlds transactions for a fee, Bitcoins lightning network will do it all instantly for free.

    The entire financial world as we know it will live on top of bitcoin and the lightning network by the year 2025.

    submitted by /u/slvbtc
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    Sticking to Just BTC

    Posted: 01 Feb 2020 06:39 PM PST

    I was quite late to the crypto space having made my first purchase in April 2018, I've invested heavily since though. When I first got in to crypto I bought lots of different cryptocurrencies, this is because when J first got in to crypto people was saying that "all boats will rise" and that basically you'll make money investing in any project as blockchain is the future. Obviously that turned out to be very wrong. My first purchase was some Ethereum, after though I bought some Bitcoin and then Litecoin. As time went on I ended up buying many currencies such as XRP (hated it even when I bought it), Cardano, Monero, TRON, Dash and ARK (awful investment). As time went on I found myself losing trust in many alts so I was swapping them for BTC until about a year later I held just BTC and ETH. In all honesty I love ETH and I'm not for one second saying it's going to fail because I don't think so, but right now I'm happy with the money I have and I don't see the risk worth it when it has so many competitors that are faster and more scalable etc. I'm confident ETH will do well in the future and if so it may have more upside than BTC in the short to mid-term but I'm certain BTC is here to stay, I'm happier with a safer investment.

    I know some people may say after just one year maybe I didn't give some of these projects like Cardano enough time, and that may be true I admit. Also I want to clear the air on the whole profits bit at the end, not to sound cliche but I do care about the tech and the movement behind BTC, I've been in to crypto for almost two year now and I've never once sold and have no intentions in doing so for many years. I am in it for the tech and the movement but obviously I don't want to lose money either! I feel like I'm in a weird situation right now as many people may call me a Bitcoin Maximalist but that's not true, other projects will succeed also but I've reached a point now where I'm not as greedy chasing alts for big gains, I like BTC for what it is and happy to stick with it.

    submitted by /u/HodlerHarris
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    Bitcoin on Betfair

    Posted: 02 Feb 2020 03:04 AM PST

    Just asked the Betfair support teams if there are by plans to incorporate bitcoin into their payment system and the response was "it's not on their technical roadmap for this year" ☹️

    submitted by /u/Duanebet
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    Crypto BTC, digital art

    Posted: 02 Feb 2020 12:06 AM PST

    Buy bitcoin with a prepaid card

    Posted: 01 Feb 2020 02:34 PM PST

    I want to know if it is possible to buy bitcoin with a prepaid visa card and what sites support that ?

    submitted by /u/Incredible_A
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    Bitcoin World's Top Performing Digital Asset in 10 Years

    Posted: 02 Feb 2020 04:23 AM PST

    Bitcoin is freedom from a corrupt, authoritarian monetary system

    Posted: 02 Feb 2020 04:10 AM PST

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