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    Bitcoin Daily Discussion, April 04, 2020

    April 04, 2020

    Bitcoin Daily Discussion, April 04, 2020

    Daily Discussion, April 04, 2020

    Posted: 04 Apr 2020 12:00 AM PDT

    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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    101857.24568009 bitcoin (~ 682 million USD at a price of 6700$/btc) was received in an address 2 days ago.

    Posted: 03 Apr 2020 08:54 PM PDT

    https://tradeblock.com/bitcoin/tx/23e2e8453fd9d00fc38833e996e042c35d60f5ac2196a2462a44930323694c17

    I think it's just mind blowing to know that this is a transaction that:

    • only requires 2 participants: a sender and a receiver. There are no middleman involved.

    • is impossible to censor. Nobody can stop this transaction from happening.

    • does not require anybody's permission.

    • requires no identity on both ends. Actually, it doesn't not even require a human being.

    • is unalterably written into history and this is even more so as time passes and hashes get stacked on top of them.

    • can cross borders just as easy as it can cross the internet. As a matter a fact, this transaction might just as well have been sent from mars.

    submitted by /u/dont-listentome
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    I won’t spend bitcoin until I’m paid in bitcoin.

    Posted: 03 Apr 2020 06:19 PM PDT

    I know there is a big push to get retailers to accept bitcoin, but as we all know, it doesn't work. Generally, retailers who accept bitcoin tell us no one uses it. I know I don't. The only way I would pay with bitcoin, is if I was paid in bitcoin. Until then, hodl on. In my opinion it's more important to get employers on board that retailers. What do you think?

    submitted by /u/Technologhee
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    $633 Million Bitcoin Transfer Cost Only 27 Cents | TheCryptoAssociate

    Posted: 03 Apr 2020 03:06 PM PDT

    Western Union Banned Me For Life

    Posted: 03 Apr 2020 10:25 PM PDT

    We will be live-streaming the lighting network hack day home edition all day. Dropping into peoples projects and answering audience questions. Join us LIVE at the world crypto network

    Posted: 04 Apr 2020 02:44 AM PDT

    Fully decentralized sidechains for Bitcoin via the Perpetual One-way Peg

    Posted: 04 Apr 2020 12:28 AM PDT

    Thank you for your help! A couple weeks ago this community helped fill in some details for a short film my brother and I were going to make. The movie will be done this weekend and I'll share it!

    Posted: 03 Apr 2020 11:06 AM PDT

    Ray Dalio is doing a Reddit Ask Me Anything on April 7th!

    Posted: 03 Apr 2020 07:51 PM PDT

    Here is the link to his twitter announcement:
    https://twitter.com/RayDalio/status/1246186177515925504?s=20

    Somebody, or multiple people, should ask him if he has read the open letter to him written by Robert Breedlove regarding his position on Bitcoin. The open letter (CC'd to "Everybody") is available here: https://medium.com/@breedlove22/an-open-letter-to-ray-dalio-re-bitcoin-4b07c52a1a98

    submitted by /u/anon2414691
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    How we recovered over $300K of Bitcoin

    Posted: 03 Apr 2020 10:26 PM PDT

    Even though I'm in this mainly for the principle, I have to admit this movie line runs through my head sometimes when explaining to someone why Bitcoin is my personal favorite long term investment.

    Posted: 03 Apr 2020 01:19 PM PDT

    Strange transactions in the mempool right now..

    Posted: 03 Apr 2020 10:37 PM PDT

    There's a large spike in pending transactions right now. I noticed in block 624299 that this address is making many small transactions of 546 sats then the remainder back to itself. They're also paying 70 sat/byte which is way too high. Currently, 2 sat/byte will get you into the next block..

    The only explanation that occurs for this behavior is to fill up the mempool (basically attack the network to try and ruin the user experience)

    Thoughts?

    submitted by /u/465739
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    This is Bitcoin’s moment, says Virgin Galactic chairman

    Posted: 03 Apr 2020 10:44 AM PDT

    Since I'm quite bored during the lockdown, I made a short time-lapse video of the Bitcoin price action from 2010-2020 ... (For entertainment purposes only!)

    Posted: 03 Apr 2020 03:33 PM PDT

    Dead Bitcoin Millionaires?

    Posted: 03 Apr 2020 05:00 PM PDT

    Who are some notable crypto millionaires that have possibly left behind millions in now unclaimed currency?

    Weird question, i know but its always seemed funny to me that a persons crypto is usually carried with them to the grave.

    submitted by /u/sbshshjshs
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    Authoritarian Leaders are Exploiting Covid-19 Crisis to Grab More Power

    Posted: 03 Apr 2020 07:26 AM PDT

    Ways to buy bitcoin without debit card?

    Posted: 03 Apr 2020 09:30 PM PDT

    i've been looking into getting bitcoin on a coinbase account which i already have but my mother looks at my statements sometimes when needed on my debit card and I don't want her to see the purchase of hundreds of dollars to some random ass company because she'll get suspicous cus she already knows about my drug use and hates it so I looked into using a prepaid card to buy the bitcoin on but i heard only certain cards work or something like that? I just need help finding ways to buy bitcoin so I can order lovely drugs off the web thanks and goodbye :)

    submitted by /u/idkmyname567
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    Good example of why you need to wait for one (or many) confirmations

    Posted: 04 Apr 2020 01:50 AM PDT

    Here's an example of a Bitcoin (testnet) TXN that will never confirm. Other than the fact that the fee looks low, for the most part it looks valid. You'd have to do a bit of digging to realize that its parent is invalid making all children TXNs (including this one) the equivalent of a voided check.

    The TXNs were exceedingly simple to create, required no programming experience and almost no technical expertise.

    submitted by /u/brianddk
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    5 Thought Patterns Holding You Back to Buy Bitcoin

    Posted: 03 Apr 2020 12:02 PM PDT

    Prepare to land!

    Posted: 03 Apr 2020 06:49 PM PDT

    Storing crypto on exchanges? Don't lose your funds from these common mistakes.

    Posted: 03 Apr 2020 10:14 PM PDT

    is it worth it for me to spend $200 on bitcoin?

    Posted: 03 Apr 2020 06:26 PM PDT

    Hi!

    I'm an average college student with an above-average full ride scholarship that comes with a good portion of discretionary funds. I graduate next year-ish and I'm worried about the job market I'll be heading into, so I'm thinking investing now while I have passive income might be a good idea. I've about $2000 in savings currently.

    Should I take $200 out to invest in bitcoin? Anyone have advice on buying bitcoin as a college student?

    Thanks in advance. I'm not incredibly technologically knowledgeable, but I installed Ubuntu successfully despite a number of challenges which weren't my fault I swear so I think I can figure this out lol

    submitted by /u/anaspis
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    How does the LocalBitcoins app work? - The Cryptonomist

    Posted: 04 Apr 2020 04:07 AM PDT

    Bitcoin Pushes Through Key Level That Spurred January Rally

    Posted: 03 Apr 2020 06:22 PM PDT

    Bored so I painted this.

    Posted: 03 Apr 2020 03:20 PM PDT
    Read more
    at

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