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    Bitcoin Daily Discussion, April 11, 2020

    Bitcoin Daily Discussion, April 11, 2020


    Daily Discussion, April 11, 2020

    Posted: 11 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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    I guess this will be a picture to talk about someday.

    Posted: 10 Apr 2020 06:32 AM PDT

    One Block At A Time ⛓

    Posted: 10 Apr 2020 12:44 PM PDT

    #bitcoin / matrix #HODL #crypto

    Posted: 10 Apr 2020 11:38 PM PDT

    I’m in!!

    Posted: 10 Apr 2020 03:43 PM PDT

    Made my first Bitcoin purchase this week after the fed printed MORE money. Hopefully it goes down so I can buy more😂

    submitted by /u/DakotahMoses
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    Never bought bitcoin before. Saw a post about coin base, decided to start buying $10 a week in bitcoin for my son until he turns 18. Hopefully when he turns 18 it’ll be worth a good amount of money.

    Posted: 10 Apr 2020 06:30 AM PDT

    QE / Money goes brrr brrr (feat. John Clarke)

    Posted: 10 Apr 2020 03:59 PM PDT

    [Updated to Bitcoin v0.19 ] How To Run a Bitcoin Full Node over Tor on an Ubuntu (Linux) Virtual Machine

    Posted: 10 Apr 2020 05:47 PM PDT

    Money is just a measure of a human’s time and energy. Time and energy cannot practically be created or destroyed. Therefore, the best kind of money should be practically impossible to create or destroy. For this reason, Bitcoin will soon be the best kind of money in existence.

    Posted: 10 Apr 2020 12:55 PM PDT

    The halving approaches.

    submitted by /u/the420chronicler
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    As Of Today Where Can Someone In The US Buy BTC Instantly ??

    Posted: 11 Apr 2020 04:23 AM PDT

    Hello,

    I'm sure this question has been asked over and over, but I couldn't for the life of me find a site that I could buy BTC and have it instantly to then do as I please with it. I found some sites but they didn't either deal in my state or they were in Europe or Asia and didn't mess with the US. I tried paxful, but they said my ID was blurry and Cashapp is still verifying, its a real headache. I don't have local btc here and I could drive to the atm, but thats my last resort. If anyone know a fast and painless to purchase and then spend or take off the exchange into their wallet, please let me know.

    Thanks !!

    submitted by /u/Bklyn2DTLA
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    Bet you can't watch this only one time - From @Alex_Danco

    Posted: 10 Apr 2020 06:51 PM PDT

    Motha fuckas

    Posted: 10 Apr 2020 10:52 AM PDT

    I fucking love bitcoin!!..

    For better or worse, till death do us part!

    There is nothing better!

    I live for this shit.

    submitted by /u/slvbtc
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    Quantitative hardening season 3 comming may 12th.

    Posted: 10 Apr 2020 09:40 AM PDT

    21 Million is Non-Negotiable - The unmanipulable supply is the primary reason why bitcoin is valuable, which is the only reason it's secure

    Posted: 10 Apr 2020 07:12 AM PDT

    Bitcoin users

    Posted: 11 Apr 2020 04:35 AM PDT

    What would you say the majority of you are using bitcoin for? A decentralized storage of wealth? Day trading? Stacking sats and hoping to cash out once a magic value is hit? Or just HODL and give your grandkids your wallet on your deathbed? Lol just curious to see what the mindset is behind the majority

    submitted by /u/briccman
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    I found a lost bitcoin wallet from 2012

    Posted: 11 Apr 2020 04:30 AM PDT

    So I was going through an old laptop and found the wallet.dat file in %APPDATA%. If I remember correctly I had 0.7 bitcoins mined.

    Could anyone with knowledge please help with a couple of questions?

    1. is the balance stored in the wallet itself or do you use it to download blockchain info or some such to work it out?

    2. What can I use to view my wallet? I've read that there are a few formats (Berkley, Level) depending on age. I'd love a simple C# lib or small open source exe..

    3. Is the wallet locked with a password?

    A big thanks to anyone taking time to reply :)

    submitted by /u/zer0ptNRG
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    Trezor recovery question

    Posted: 11 Apr 2020 03:53 AM PDT

    Hey guys,

    I was looking at trezor's passphrase backup functionality and was wondering: do any digital wallets support that recovery? Let's assume trezor went out of business or that you lose the device and there is no chance of you getting another. You still have your seed & phrase.

    Much appreciated.

    submitted by /u/picopup
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    Hypothetically. Say paper money crashes out. Everyone buys into Bitcoin and crypto. How do you think the government will conform or try to control this?

    Posted: 10 Apr 2020 03:14 PM PDT

    Putting in my tax return

    Posted: 11 Apr 2020 03:43 AM PDT

    As the title says I'm putting my tax return in the hopes it grows. I hit the limit on how much I can buy in a week I'm at .07 but hoping to have .15 by next week. If anyone has any tips I'll take em I'm new to this.

    submitted by /u/Chancholingo
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    Can anyone explain to me how to add bitcoins to a cold wallet?

    Posted: 10 Apr 2020 05:05 PM PDT

    Like I said, I completely understand how to set up the cold wallet with tails and made a watch only account. I know how to send them but I don't know how to put them in. Any help would be appreciated

    submitted by /u/Jmc21399
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    There's an infinite amount of cash in the Federal Reserve. Bitcoin is the exit.

    Posted: 10 Apr 2020 08:36 AM PDT

    The Bitcoin Clause

    Posted: 11 Apr 2020 03:06 AM PDT

    Bitcoin Rapid-Fire: Rapid-Fire: Didi Taihuttu

    Posted: 11 Apr 2020 03:00 AM PDT

    Bitcoin printer go ohmmm

    Posted: 10 Apr 2020 06:36 AM PDT

    Seed Phrase, Passphrase, PIN and Wallet Password. I see posts here each week where folk don't understand what these things are, where they fit in terms of security, backups, etc... It's counter-intuitive compared to other digital systems you use, so worth getting clear on how it fits together.

    Posted: 10 Apr 2020 12:26 PM PDT

    Don't be fooled by the Paycheck Protection Plan and/or the stimulus payments to individuals.

    Posted: 10 Apr 2020 06:15 AM PDT

    Since March 11, the Fed created $1.77 trillion and handed it to Wall Street either as loans or to purchase financial instruments. The sole purpose of this was to inflate asset prices and bail out asset holders. It's apparently against the law in the US for the Fed to allow the wealthy to lose their shirts, or something. The crumbs offered to small businesses or the real economy have not materialized yet. Those are future projects, if they ever materialize.

    If the Fed had sent that $1.77 Trillion to the 130 million households in the US, each household would have received $13,600. But no, this was helicopter money exclusively for Wall Street and for asset holders.

    Source: wolfstreet.com, emphasis mine.

    submitted by /u/dmdeemer
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