Bitcoin Daily Discussion, April 06, 2020 |
- Daily Discussion, April 06, 2020
- Thought this belongs here... from 1929
- Bitcoin is very lucky and very unlucky at the same time: lucky - because it did not see any recession in its life time, giving it time to grow. Unlucky - it is about to face a apocalyptical financial downturn when it is still in its infancy, many problem to solve before it can do any heavy lifting.
- Spanish Government Aims to Roll Out Basic Income
- Today is Satoshi's Birthday - Its also the same day Americans were forbidden to 'hoard' gold.
- Time Favors Bitcoin, and Its Superiority Will Be Obvious for Everyone Sooner or Later
- Class-action lawsuits filed against Binance, Tron, Block.one, BitMEX (price manipulation) + 7 others!
- Finally done! Here is the short film this community helped us make!
- How to be safe from a $5 wrench attack?
- Price suppression with fake, in-existent bitcoins
- Japan to Enforce New Crypto Laws from Next Month
- Bitnoob here, is cash app good?
- Ledger or Trezor?
- Spending BTC to buy something is "altcoin" promotion? When was BTC an altcoin?
- How will the mining award ever get to 0btc/block if dividing by 2 never gets you to 0
- Billionaire Investor Makes The Case For A $1 Million Bitcoin Price
- Need urgent help! Sent bitcoins to armory without understanding it.
- Got my first 1 BTC! Cold wallet now?
- Only the cool kids do it
- “The Dollar is Dying, Buy Gold, Silver and Bitcoin.” Says 'Rich Dad, Poor Dad' Author
- Bitcoin Price latest updates
- Mining BTC in Containers: malware
- Mentor Monday, April 06, 2020: Ask all your bitcoin questions!
- Bitcoin is up nearly 5%, how did the analysts shape up?
- Wasabi Wallet v1.1.11
| Daily Discussion, April 06, 2020 Posted: 06 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. [link] [comments]  | ||
| Thought this belongs here... from 1929 Posted: 05 Apr 2020 12:38 PM PDT
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| Posted: 05 Apr 2020 09:23 PM PDT | ||
| Spanish Government Aims to Roll Out Basic Income Posted: 06 Apr 2020 12:52 AM PDT
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| Today is Satoshi's Birthday - Its also the same day Americans were forbidden to 'hoard' gold. Posted: 05 Apr 2020 12:03 PM PDT
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| Time Favors Bitcoin, and Its Superiority Will Be Obvious for Everyone Sooner or Later Posted: 05 Apr 2020 09:54 AM PDT
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| Posted: 05 Apr 2020 06:25 PM PDT This is only a summary of the lawsuits but I've included links to the original filings themselves and a more in depth article at the end. It's important for everyone to stay informed. The filing against Binance claims that the cryptocurrency exchange sold securities without a license. https://wp.decrypt.co/wp-content/uploads/2020/04/binance-120-cv-02803.pdf Tron sold TRX in an initial coin offering, while Tron kept 35% of the TRX tokens for itself, according to the lawsuit. This lawsuit claims that Block.one promoted, offered and sold the EOS token in the US. It refers to the $24 million settlement between Block.one and the SEC over this issue. The lawsuit filed against HDR Global Trading (Bitmex) claims that the firm sold securities without registering as a securities exchange. ***The lawsuit makes further claims about price manipulation. It asserts that BitMEX traded against its own customers, via its trading desk, which was only revealed to exist in 2018. Article with more info- https://decrypt.co/24532/class-action-lawsuits-filed-against-7-bitcoin-companies [link] [comments]  | ||
| Finally done! Here is the short film this community helped us make! Posted: 05 Apr 2020 01:56 PM PDT | ||
| How to be safe from a $5 wrench attack? Posted: 06 Apr 2020 03:53 AM PDT | ||
| Price suppression with fake, in-existent bitcoins Posted: 05 Apr 2020 11:13 PM PDT A centralized exchange can sell to you cheap bitcoins that they do not have. As long as users do not effectively withdraw their coins, they will not even notice that they are simply sitting on fake bitcoins. How do we know that centralized exchanges are doing this? Well, the banking system is currently suppressing the gold price in exactly the same way: CME resolving physical gold squeeze with delivery of 100-ounce, 400-ounce and 1-kg bars The banks are selling cheap, fake paper gold that they cannot delivery physically. The banks desperately need to suppress the price of gold in order to discourage people from fleeing from paper fiat money into physical gold. They are obviously executing the same strategy with bitcoin. As long as users keep storing their fake, paper bitcoins at a centralized exchange, the fiat banking system will be able to suppress the bitcoin price by flooding the market with counterfeit bitcoins. [link] [comments]  | ||
| Japan to Enforce New Crypto Laws from Next Month Posted: 06 Apr 2020 01:44 AM PDT
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| Bitnoob here, is cash app good? Posted: 06 Apr 2020 02:03 AM PDT I made my first, small btc investment almost a month ago. I saw a post that said the cash app is good because you can sell your btc quickly from it. I'm just curious of any good or bad feedback about it. [link] [comments]  | ||
| Posted: 05 Apr 2020 11:14 PM PDT I am a total beginner with Bitcoin and invested a lot of my savings into it and wanted to know what the safest way to store your coins is? Thank you for your time! [link] [comments]  | ||
| Spending BTC to buy something is "altcoin" promotion? When was BTC an altcoin? Posted: 06 Apr 2020 04:03 AM PDT
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| How will the mining award ever get to 0btc/block if dividing by 2 never gets you to 0 Posted: 06 Apr 2020 01:37 AM PDT | ||
| Billionaire Investor Makes The Case For A $1 Million Bitcoin Price Posted: 05 Apr 2020 08:10 PM PDT
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| Need urgent help! Sent bitcoins to armory without understanding it. Posted: 06 Apr 2020 03:12 AM PDT So basically I made my first localbitcoins transaction today and I was trying to send the bitcoins to my electrum wallet however it wouldn't recognize my adress. I read a post which said to use a different wallet and so I downloaded armory. When it started up it said it could only boot in offline mode but I stupidly ignored this and sent bitcoins to my armory adress anyway. Now I have no clue how to get the bitcoins off there as I cannot get it out of offline mode. ive learnt I need this 'bitcoin core' thing however it seems that will take like three days to install or something stupid? Can anyone please help!!! [link] [comments]  | ||
| Got my first 1 BTC! Cold wallet now? Posted: 05 Apr 2020 12:11 PM PDT I have so many questions about where to leave my Bitcoin's. I know that cold wallet is the safest, and that exchanges will own my Bitcoin if I leave my coins with them. [link] [comments]  | ||
| Posted: 05 Apr 2020 01:02 PM PDT
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| “The Dollar is Dying, Buy Gold, Silver and Bitcoin.” Says 'Rich Dad, Poor Dad' Author Posted: 05 Apr 2020 06:00 AM PDT
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| Posted: 06 Apr 2020 04:11 AM PDT
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| Mining BTC in Containers: malware Posted: 06 Apr 2020 04:01 AM PDT Cybersecurity researchers have identified a persistent and ambitious campaign that targets thousands of Docker servers daily with a Bitcoin (BTC) miner. In a report published on April 3, Aqua Security issued a threat alert over the attack, which has ostensibly "been going on for months, with thousands of attempts taking place nearly on a daily basis." The researchers warn: "These are the highest numbers we've seen in some time, far exceeding what we have witnessed to date." Such scope and ambition indicate that the illicit Bitcoin mining campaign is unlikely to be "an improvised endeavor," as the actors behind it must be relying on significant resources and infrastructure. Kinsing malware attack volumes, Dec. 2019-March 2020 Kinsing malware attack volumes, Dec. 2019-March 2020. Source: Aqua Security blog Using its virus analysis tools, Aqua Security has identified the malware as a Golang-based Linux agent, known as Kinsing. The malware propagates by exploiting misconfigurations in Docker API ports. It runs an Ubuntu container, which downloads Kinsing and then attempts to spread the malware to further containers and hosts. The campaign's end-goal — achieved by first exploiting the open port and then carrying through with a series of evasion tactics — is to deploy a crypto miner on the compromised host, the researchers say. Infographic showing the full flow of a Kinsing attack Infographic showing the full flow of a Kinsing attack. Source: Aqua Security blog Security teams need to up their game, says Aqua Aqua's study provides detailed insight into the components of the malware campaign, which stands out as a forceful example of what the firm claims is "the growing threat to cloud native environments." Attackers are upping their game to mount ever more sophisticated and ambitious attacks, the researchers note. In response, enterprise security teams need to develop a more robust strategy to mitigate these new risks. Among their recommendations, Aqua proposes that teams identify all cloud resources and group them in a logical structure, review their authorization and authentication policies, and adjust basic security policies according to a principle of "least privilege." Teams should also investigate logs to locate user actions that register as anomalies, as well as implement cloud security tools to strengthen their strategy. Growing awareness Last month, Singapore-based unicorn startup Acronis published the results of its latest cybersecurity survey. It revealed that 86% of IT professionals are concerned about cryptojacking — the industry term for the practice of using a computer's processing power to mine for cryptocurrencies without the owner's consent or knowledge. [link] [comments]  | ||
| Mentor Monday, April 06, 2020: Ask all your bitcoin questions! Posted: 06 Apr 2020 04:00 AM PDT Ask (and answer!) away! Here are the general rules:
And don't forget to check out /r/BitcoinBeginners You can sort by new to see the latest questions that may not be answered yet. [link] [comments]  | ||
| Bitcoin is up nearly 5%, how did the analysts shape up? Posted: 06 Apr 2020 03:59 AM PDT
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| Posted: 05 Apr 2020 07:00 AM PDT https://github.com/zkSNACKs/WalletWasabi/releases Summary This major release is the culmination of several efforts that have been a work in progress for a long time.
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