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    Thursday, March 5, 2020

    Bitcoin Daily Discussion, March 05, 2020

    Bitcoin Daily Discussion, March 05, 2020


    Daily Discussion, March 05, 2020

    Posted: 04 Mar 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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    Super heroes in their capes. The ones who fought the crypto battle for 1.3 billion people. Because of them bitcoin is now legal to trade in india .

    Posted: 04 Mar 2020 04:32 PM PST

    It's over 9000!!!

    Posted: 05 Mar 2020 01:27 AM PST

    Bitcoin ban has been lifted in India - We are organizing Bitcoin seminars across the top Engineering & Tech colleges.

    Posted: 04 Mar 2020 08:54 PM PST

    Bitcoin ban has been lifted in India. We are organizing Bitcoin Seminars across the best engineering colleges in India.

    India is #2 most populated country in the world and Bitcoin has already faced a hard time staying in people's radar here. We are a team of 27 Tech-savvy individuals who are planning several seminars on Bitcoin & Blockchain technology across the Engineering & Technology Colleges in India. The seminars will be held starting March 25, 2020.

    Link: https://tallyco.in/s/nl4ld1/

    The colleges covered are:

    • IIT, Bombay
    • IIT, Delhi
    • Birla Institute of Technology & Science (BITS) Pilani
    • NIT, Karnataka
    • Manipal Institue of Technology
    • Symbiosis Institute Of Technology
    • NITTE Meenakshi Institute Of Technology
    • Francis Xavier Engineering College
    • CMR College of Engineering & Technology
    • BRACT'S Vishwakarma Institute of Information Technology
    • Tula's Institute Engineering & Management College

    We have obtained permissions from all the above colleges & they're willing to let us teach all the students about the Technology behind Bitcoin, Blockchain, it's benefits etc. We are gathering funds to cover our Travel, food, lodging expenses as well as Books, pamphlets, brochures printing material.

    Bitcoin Address: 3G9C9rRJZ7V3KZFzkGVBZrmCFbDrnnAMgt

    Please help us in anyway you can. <3

    Thanking You.

    submitted by /u/Uncrown
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    Bitcoin Holders: There are Already 5 Central Banks w/ Negative Interest Rates, and Many Countries Looking to make Cash Illegal. �� Watch This Australian News Anchor Predict the New "Orwellian State"

    Posted: 04 Mar 2020 03:11 PM PST

    Erlay: An awesome performance improvement to the Bitcoin network

    Posted: 05 Mar 2020 01:55 AM PST

    Peter Schiff, the Bitcoin Oracle.

    Posted: 05 Mar 2020 02:06 AM PST

    Messaging Peter Schiff

    Posted: 05 Mar 2020 02:09 AM PST

    "Bitcoin waste precious resources which can be used to find aliens" SETI@home ends after 21 years and have not found any aliens.

    Posted: 05 Mar 2020 02:05 AM PST

    Crypto Ban has been lifted in India!! A huge leap for the country and the crypto community. To all the people in India (and around the globe) looking to get started, here are some quick resources!

    Posted: 05 Mar 2020 02:26 AM PST

    For creating bitcoin wallets:

    Ledger (Hardware Wallet)

    MyCelium (Mobile Wallet)

    Electrum (Desktop Wallet)

    For buying/selling Bitcoin and other Crypto in India:

    WazirX

    LocalBitcoins

    Unocoin

    CoinDCX

    more coming soon....:)

    For accepting bitcoin to your website:

    Blockonomics

    BTCPay Server

    CoinGate

    Some additional resources:

    Marketing your bitcoin business

    How to choose a Bitcoin Wallet

    Types of Crypto Wallet

    How to pay a bitcoin Invoice

    submitted by /u/primalfabric
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    Time to buy bitcoin?

    Posted: 05 Mar 2020 02:49 AM PST

    What up peeps. I'm a transplant from wallstreetbets, but I have no loyalty to any asset and gains is gains, and I think bitcoin is a good thing to buy right now. Here's my thoughts...

    There's a chain of thought that says bitcoin acts as a safety asset that should go up when stocks go down. I don't think that's exactly true: when people are extremely fearful, everything goes down, like last week when stocks, gold, and btc all went down at the same time. People panicked, the moved into cash.

    But, much like the spring follows the winter, greed invariably follows panic. Now that people are no running around screaming their heads off, they're starting to chase yield. After the rate cut by J Powell last week, and with the incoming stock sell off from corona crash, there's going to be a lot of capital to deploy to chase yields. And where's it gonna go? Since most people are not comfortable buying puts or shorting stocks, I think that leaves bitcoin.

    Earlier I said that bitcoin doesn't act as a hedge, and I think that's true: bitcoin is purely speculation, it only goes up because it goes up. But I think there's a very strong case for it going up now.

    1. More corona virus news hits
    2. People pull money from stock market
    3. People are greedy shits and will need to put it somewhere
    4. Any move to bitcoin will cause people to buy it there looking for yield
    5. Bitcoin goes parabolic again up to 20k+ and anyone holding prints dollars.

    I definitely think there's enough upside to buy some right now. It's definitely not 100% it goes up, but I think if it goes up it goes up a lot, and it just went up 4% today. It's a very asymmetric payoff that I think is worth a shot. I know I'm preaching to the choir here, but anyone got issues with my line of thinking?

    submitted by /u/deckoff8-
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    Please dont ever deal with paxful bunch of people trying to rob people of their coins i was on travel to iran and accessed my account from there no transactions made no scams no fraud transfers during the travel just i was checking my account for updates

    Posted: 05 Mar 2020 02:28 AM PST

    Simply Explain What Bitcoin Is to Baby Boomers in 3 Steps

    Posted: 05 Mar 2020 03:27 AM PST

    No shitcoins please

    Posted: 04 Mar 2020 05:54 AM PST

    Real Vision CEO on Bitcoin in the Current Context, Interviewed by Pomp: Corona Virus + FED printing = Recession? - March 4th 2020

    Posted: 05 Mar 2020 03:15 AM PST

    Top Resources for New Cryptocurrency Traders

    Posted: 05 Mar 2020 03:00 AM PST

    Is there any analysis on the % of miner block rewards (BTC mined) that have been spent? How much BTC do miners keep in reserve?

    Posted: 04 Mar 2020 06:52 PM PST

    With the halvening coming up, I was wondering if anyone has tried to parse out how much BTC miners have sold and how much they've held onto. I realize this is technically impossible to calculate to 100% accuracy, but I'm sure someone has gotten reasonably close using popular exchange deposit addresses, % of coins moved x amount of times, etc.

    I've looked around, but haven't found anything solid on the subject. Has anyone found or done this analysis themselves? I imagine it would not only be difficult to research, but also difficult to be certain about. Either way, even a close estimate could tell us a lot about expected price behavior post-halvening. If miners maintain large BTC (not USD) reserves, it may take a very long time before the price is impacted by the drop in supply.

    submitted by /u/Unusual_Mountain
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    Bottom is in

    Posted: 04 Mar 2020 04:38 AM PST

    Russian oppositionist who exposed Putin and Government corruption got his and his family bank accounts blocked. That's the reason why you should keep your savings in bitcoin

    Posted: 04 Mar 2020 01:41 PM PST

    Adoption beginning to happen slowly in the crypto space

    Posted: 05 Mar 2020 03:15 AM PST

    Where to buy/sell? Newbie in need of help.

    Posted: 05 Mar 2020 03:05 AM PST

    Hi!

    I'm new in cryptocurrency and have lately gained interest in bitcoin and cryptocurrency. I've been thinking of buying approximately 0.05 BTC but I have no clue how to do it or where. Do you have any recommendations on sites where I can buy/sell BTC? Is there a "central" place or how does it work?

    Also, what cryptocurrencies are the most popular as of now?

    submitted by /u/SmartSurround
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    J.P.Morgan is hosting Michael Novogratz & Dan Tapiero for a Panel on "Investing in the Digital Asset Ecosystem" Tomorrow (March 5th 2020)

    Posted: 04 Mar 2020 06:50 PM PST

    Bisq - First Liquidity Day of March is Tomorrow (Thursday)!

    Posted: 04 Mar 2020 10:19 AM PST

    This week, Bisq launched a marathon month-long effort with the intention of boosting liquidity to higher levels than ever before.

    Tomorrow (Thursday) is the first liquidity day of the month, with subsequent liquidity days every Thursday throughout the month.

    Each week, we're hoping to build on the previous week's success and end March in a strong way. February was nearly a record-setting month for Bisq, so there's already strong momentum for March to be even better.

    You're highly encouraged to post offers tomorrow! Not only would it be good for the network, but probably for you as well—the concerted publicity drive means more eyeballs than usual, so offers will be more likely than ever to be taken.

    We're shooting to hit 200 trades and 1000+ offers tomorrow, which is close to our all-time record...and hoping to beat that in the following weeks to hit new all-time highs.

    We're also experimenting with helping core markets in other ways...for example, there's currently bots for reddit Twitter, Telegram in development, so that anyone can easily see offer books without having to open Bisq.

    We'll also make a post soon analyzing the most successful trends in Bisq trading in general, including what tends to make USD and EUR offers successful.

    And lastly -- tomorrow we'll have a call tomorrow (Thursday) at 8:15pm CET to debrief and discuss subsequent plans for the month. You're all welcome to join :)

    submitted by /u/m52go
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    Number of Bitcoin ATMs breaks key milestone

    Posted: 04 Mar 2020 11:46 AM PST

    Did some digging through r/bitcoin's comment data and it seems like the frequency of Coronavirus discussion has some link to the price of Bitcoin

    Posted: 04 Mar 2020 03:27 PM PST

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