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    Bitcoin Daily Discussion, February 23, 2020

    Bitcoin Daily Discussion, February 23, 2020


    Daily Discussion, February 23, 2020

    Posted: 22 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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    Simpsons Explain Crypto.

    Posted: 22 Feb 2020 04:48 PM PST

    10K, we are coming again (and please let us pass but never return)

    Posted: 22 Feb 2020 08:13 PM PST

    Evolution of mail and the future of payments

    Posted: 22 Feb 2020 06:20 AM PST

    Major german newspaper states that the euro will die to crypto

    Posted: 22 Feb 2020 07:19 PM PST

    BTC

    Posted: 23 Feb 2020 12:35 AM PST

    Why havent i seen this here yet!? "CoinDesk reporter Leigh Cuen is joined by Isaiah Jackson, author of “Bitcoin and Black America'' and co-founder of KRBE Digital Assets Group, to talk about financial discrimination in the United States and the unique value bitcoin can offer minority communities."

    Posted: 23 Feb 2020 12:14 AM PST

    ⭐this is bullish | Reddit stats today compared with 2017 ATH ⭐

    Posted: 23 Feb 2020 02:51 AM PST

    The Fiat Standard : Saifedean Ammous : Unconfiscatable Conference

    Posted: 23 Feb 2020 02:24 AM PST

    Bitcoin.org as Team Name. Representing at my VEX Competition

    Posted: 22 Feb 2020 04:22 PM PST

    Fidelity Acquires Stake in Hong Kong Crypto Firm BC Group

    Posted: 22 Feb 2020 06:41 PM PST

    The Simpsons Crypto TV Episode Frinkcoin - Mainstream Crypto Adoption - Bitcoin Bull Run 1000 Days

    Posted: 22 Feb 2020 11:51 AM PST

    Dude describes how bitcoin helped him to financial independence and retiring early

    Posted: 23 Feb 2020 02:56 AM PST

    Found on /r/financialindependence:

    "I was an automotive engineer working for OEMs and Tier 1 suppliers in the Metro Detroit area. In the 2008 downturn I lost my job and was unemployed for 2 years and ended up getting my house foreclosed in 2010. By the time i got a job in March of 2010 I was basically at $0. I had a tiny amount in an 401k, had about $20,000 in credit card debt from being unemployed.

    But then I got a very well paying engineering job ($108k annual and eligible for time-and-half overtime). I kept living like I was unemployed, spent as little as possible and saved as much as possible. Through my parents I secured a mortgage on a nice 1 Bed / 1 Bath 900 sq ft condo. I paid off my CC debt in less than a year and kept banking cash and maxing my 401k every year.

    I heard about bitcoin in early 2013 (from a guildmate in World of Warcraft, believe it or not) and jumped on board. All time bitcoin price chart (log scale) for those unfamiliar with the history. I got in before the first spike to $1000 in December of 2013, and kept buying throughout the downswing in 2014 / 2015. In 2017 I sold 5.6 BTC for a total of $6000 and paid off the last of my student loans and my car, then a few months later I sold 4.25 BTC for $6700 and paid off the last of my condo mortgage. So in May of 2017 I was officially debt free and had a net worth of about $200,000.

    Then in the fall of 2017 was when bitcoin exploded. I knew I had to take profits here. Every time the price went up 10% I sold another bitcoin. $7500, $9000, $10700, $13000, $15500, $18600. I sold all the way up. I ended up selling about $100,000 in bitcoin that year and I pushed most of it into my Roth IRA and Brokerage accounts.

    Then I really started thinking about FIRE in early 2018. Started doing the math, tried to see what my expenses would be, and thought I'd give it ago. I've told myself from day 1 that I'd give this trial a solid 2 years. If I don't feel good about it, or the money doesn't seem right, then I'll still only be 40 years old and could (IMO) easily jump right back into an engineering gig. So I targeted early 2019 so I could frontload my 401k for two months, grab the annual bonus, then peace out.

    TL:DR: 38, FIREd, Money's looking right, Life is feeling right, everything is fine."

    Source: https://old.reddit.com/r/financialindependence/comments/f7q7lo/one_year_update_38m_fired/

    submitted by /u/Rattlesnake_Mullet
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    Just got the best Bitcoin trading deal of my life!

    Posted: 23 Feb 2020 03:58 AM PST

    Wish you were here...

    Posted: 22 Feb 2020 01:38 PM PST

    Ukrainian adoption.

    Posted: 22 Feb 2020 11:31 AM PST

    Sim Swapped Beware

    Posted: 22 Feb 2020 02:48 PM PST

    I got Sim swapped this morning around 4 AM from California while I was asleep in Texas. This morning around 3:30 my sim was swapped by what i believe was a T Mobile employee with access to this function from home or from their work location.

    I woke up this morning to No service which i thought was unusual, so i trouble shoot myself to no avail, i go to a store front just to be asked repeatedly if i switched the sim which started to aggravate me to the point where i refused their solution of buying a new sim card so i went to the next one down the road. She pulls up my account and calls the employee customer service which the first store didn't even do, the tech mentions my sim was switched at 3:30 AM and bypassed the "go ahead" from me (which can only be done by a t mobile employee). we get it resolved at the store and i'm at a loss because i don't know anybody who would have the capacity to do this to me. She mentions to check my other accounts to make sure they're up to date and safe. First thing i do is check my main email which had also been compromised due to the 2 step factor being trumped by them getting my sim and entering through their own iphone. I get multiple emails with password changes and coinbase password reset, followed by receipts for conversions, a failed attempt to purchase 3 bitcoin thru my bank, then a lump sum payment to a bitcoin wallet. Already submitted a ticket, but what else can i do besides changing passwords?

    TLDR: got sim swapped in the middle of the night (by what i think was an employee of my phone company) and got my bit coin stolen. how they knew I had any is beyond me

    submitted by /u/SMB-10
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    Ledger from EBay

    Posted: 22 Feb 2020 05:33 PM PST

    Currently have all my funds on an exchange, is it risky to buy a ledger nano S off of eBay? Sorry for my ignorance

    submitted by /u/gparriott
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    This Week's Top Bitcoin, Cryptocurrency, Finance & Global News

    Posted: 23 Feb 2020 01:19 AM PST

    multiple ledger nano addresses, can they be detected?

    Posted: 23 Feb 2020 01:06 AM PST

    Using a Ledger Nano I have many bitcoin addresses, all accessible with the single device. Is it possible for a 3rd party to determine that those multiple addresses are all related to each other by the same private key?

    In other words, if someone knows I control one of those, can they determine I control all of them?

    submitted by /u/Craig1024
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    MUST READ : Can decentralization be applied to protest movements ?

    Posted: 22 Feb 2020 07:41 PM PST

    MUST READ : Can decentralization be applied to protest movements ?

    Hello guys

    i think most of the bitcoin community are unaware of something very interesting is happening in the biggest country in Africa : Algeria

    Mass protests is today a 1 strong-year-old mainly politic demands BUT .one of the big demands is lifting the bans on crypto currencies and blockchainand i should mention that Algeria is population 43 million with 55% internet penetrationwonder what bitcoin price would be when the ban get lifted ...? 📷

    https://preview.redd.it/9b0ph05zgli41.jpg?width=640&format=pjpg&auto=webp&s=71c20f9f6c45380babd8da8d2d925379f8a3632e

    https://preview.redd.it/5ks95ma1hli41.jpg?width=1338&format=pjpg&auto=webp&s=75ae41c8addc5b6f0f66faa48131b3d2ccf469ef

    https://preview.redd.it/ingvy6q2hli41.jpg?width=947&format=pjpg&auto=webp&s=1deaf81465289c430c9d83ecc2e4dfebffdd3e1b

    https://preview.redd.it/3lhbt3l3hli41.jpg?width=630&format=pjpg&auto=webp&s=8cc9eef0f10aaae19edfcffe9458a7f35942d4ce

    https://preview.redd.it/3dgc9wq4hli41.jpg?width=720&format=pjpg&auto=webp&s=94008e0201de8a19eb464167f72ea06c475ba9c5

    https://preview.redd.it/nfs3msb5hli41.jpg?width=1807&format=pjpg&auto=webp&s=7d2b576bce316573d5579c9478a6a9db540f7091

    for those who want to see the size of the protests, 25 million people are on the streets every Friday since 22 of February 2019 with 0 signs for weaknesshere is drone footage of 1 of the 58 states

    https://www.youtube.com/watch?v=JWtOAEd_cQM

    what i can say , we have evidence showing an Algerian bitcoin whales are manipulating the price for an eventual crypto ban lift

    For those who want more evidence or want to know more here is a support article: https://medium.com/@ghostsdz/decentralized-protests-in-algeria-3a0d918fc92e

    if Africa get involved in crypto, that's the breaking point for adoptionWe are also working on something very interesting for Africa with fellow Nigerians, a couple of surprises will soon hit the crypto community from Algeria& Nigeria

    Peace

    submitted by /u/GhostsDZ
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    Hexadecimal dice rolls, question on private key generation

    Posted: 22 Feb 2020 09:48 PM PST

    When doing this, for the letter generation, could you make all the letters capital letters when rolling, or is this completely idiotic, I heard a YouTuber say u could either do all lower or upper caps for the letters? I would think a combo of both could be more random?

    submitted by /u/darthdogedoggy
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    what website can i buy bitcoin with credit WITHOUT social security?

    Posted: 22 Feb 2020 06:11 PM PST

    is that possible?

    submitted by /u/PermaBannedBefore
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    if you were to invest in crypto via Robin hood is there a way to withdraw your crypto?

    Posted: 22 Feb 2020 07:32 PM PST

    I'd rather keep it safe myself

    submitted by /u/neomancr
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    Website that tracks large sell/ask walls across crypto market?

    Posted: 22 Feb 2020 06:48 PM PST

    If not someone needs to make this

    submitted by /u/rezivor
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    Your money is in the words.

    Posted: 22 Feb 2020 01:13 PM PST

    Your money is in the words.

    It's not in your wallet.

    It's not on your computer.

    It's not on your phone.

    It's not on the internet.

    Your money is in the words.

    If you loose your words, you loose your money.

    If anyone else sees your words, you loose your money.

    Your money is in the words.

    submitted by /u/motud2
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