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    Bitcoin Daily Discussion, April 13, 2020

    April 13, 2020

    Bitcoin Daily Discussion, April 13, 2020

    Daily Discussion, April 13, 2020

    Posted: 13 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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    ELI5: Utreexo- A scaling solution by Lightning Network co-author

    Posted: 12 Apr 2020 08:13 AM PDT

    Finally acquired a whole Bitcoin!!!!

    Posted: 12 Apr 2020 07:12 PM PDT

    Just some perspective. I remember the last halvening and the one before that. The price hardly moved the day of the event. People need to understand that yes it is a great fundamental part of the protocol of bitcoin... but the effect of this protocol is something that is felt over the long haul.

    Posted: 12 Apr 2020 09:14 AM PDT

    Bought my Grandma some Bitcoin (BTC) as a retirement present. Now she is hooked and asking how to buy more! Time to teach Grandma how to #HODL

    Posted: 12 Apr 2020 02:27 PM PDT

    Congratz to 300 gigabytes

    Posted: 13 Apr 2020 03:24 AM PDT

    Still not dead, lol

    Posted: 12 Apr 2020 09:30 AM PDT

    Awesome video spending lightning for a day in real life.

    Posted: 12 Apr 2020 04:42 PM PDT

    Hopefully I become rich one day

    Posted: 12 Apr 2020 09:21 PM PDT

    Jerome Powell prints too much money and dies

    Posted: 12 Apr 2020 01:23 PM PDT

    Ice Cream Sandwich Bitcoin Hardware Wallet

    Posted: 12 Apr 2020 05:16 PM PDT

    The “Bitcoin could be worth $1,000,000 USD 10 years from now” headlines are such junk

    Posted: 12 Apr 2020 06:29 PM PDT

    I've been seeing this thrown around way too much especially lately in news articles. It's such a ploy by investors to get casuals and the general public to buy. Why is the final determined number 1,000,000? Because every bozo wants to be a millionaire and that catches people's eyes. There's literally no rhyme or reason behind coming up with that number. No one has any earthly idea what Bitcoin will be worth in 10 years.

    submitted by /u/lizeskiman97
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    Mentor Monday, April 13, 2020: Ask all your bitcoin questions!

    Posted: 13 Apr 2020 04:01 AM PDT

    Ask (and answer!) away! Here are the general rules:

    • If you'd like to learn something, ask.
    • If you'd like to share knowledge, answer.
    • Any question about Bitcoin is fair game.

    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.

    submitted by /u/rBitcoinMod
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    Just lost $100k today

    Posted: 12 Apr 2020 10:53 PM PDT

    I'm just a normal guy who tought i was invincible. Now i realized i'm not.

    I started trading 3 months ago at Deribit, depositing around 800 bucks, a small part of my emergence savings. At that time, Bitcoin was trading around $7000 when it started to rise. I longed back then, low leverage, tight stop loss and then it reached $10k. Wow, i had a huge 110% ROE. Amazing. Then i saw it getting really difficult to break the $10k zone, so i went short. I waited for 3 weeks and made huge profit when it finally reached its bottom and i finally got my first whole Bitcoin ever!!! Amazing!

    Well, i was sure it was the bottom, so i longed again and waited. Well, i hit the sky when i was now in front of a dozen bitcoins 4 weeks later. And then i just increased my position. I was pretty sure it was on its road to $10k, $20k, $50k (i tought "hey man, this s2f sh*t really works!")... so it started to fall this week, just like my balance, and i was highly leveraged to the neck, with an underwater position. My heart started to kill me (this shit really hurts). Then the price rose again today and i started to feel relief. Increased my position, and my profits where getting higher like never! I finally hit $100k of balance in my trading account!

    "OMFG!!! I will finaly get rid of this student loan debt i'm so regretful!!!"

    And then the price fell again after weekly close. Didn't had time to close my position manually at Deribit, since it started to become unavailable, and i neglected the risk management enough to reduce my position gradually. Well, the rest of the story you guys know. My heart was aching again, i became deaf for some seconds, and then reality just slapped my face with such strength i will never forget. I'm broke again.

    submitted by /u/justlostevt
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    $1.1 billion worth of Bitcoin sent for less than one dollar

    Posted: 12 Apr 2020 11:43 PM PDT

    IMHO best and easy to read price prediction article about Bitcoin - pure data analysis

    Posted: 12 Apr 2020 11:33 PM PDT

    Just installed this bad Boy #BITCOIN ATM @ Walters Shopping place 12197 Conant St, Hamtramck, MI 48212. Just trying to spread Adoption in my Beautiful State of Michigan. Happy easter to all who celebrate. GOD BLESS and be safe everyone.

    Posted: 12 Apr 2020 02:32 PM PDT

    Bitcoin Hashrate Surges 128% Since Coronavirus Plunge

    Posted: 12 Apr 2020 09:50 AM PDT

    Mobile wallets are underrated

    Posted: 12 Apr 2020 09:11 PM PDT

    What's everyone's best wallet app? Desktop or mobile is fine

    submitted by /u/notacooleagle
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    In Canada, want to buy $2000 cdn of bitcoin what’s the fastest cheapest way to buy.

    Posted: 12 Apr 2020 11:00 AM PDT

    Noob here. Started buying some bitcoin but realized the fees are too high. Need to find a better way to purchase bitcoin.

    What are some low fee / no fee services.

    Buy with: - cash - etransfer - debit

    I'm using Jaxx as a wallet. Are there better ones?

    Looking into cold storage also. But I'm using an iPhone, no desktop.

    Any help is appreciated.

    submitted by /u/_422
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    Bitcoin Remains the Best Solution for Cross Border Money Transfers

    Posted: 12 Apr 2020 09:03 AM PDT

    Why isn't Bitcoin going nuts with QE?

    Posted: 13 Apr 2020 01:43 AM PDT

    Hey guys,

    My opinion is that Bitcoin's main business case is as a 'hedge-asset' against government failure. With all of the insane QE going on, we can expect the ratings agencies to downgrade the credit ratings of the world's countries (unless of course they do a 2008 again 😂).

    Consequently, doesn't it follow that Bitcoin should be mooning right now? Why isn't it?

    Is it possible that the US and China are dumping accumulated reserves to suppress the price (or am I just wearing a tinfoil hat)?

    submitted by /u/warthogdog
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    IMF Predicts Depression

    Posted: 12 Apr 2020 09:24 AM PDT

    TestNet Bitcon Needed

    Posted: 12 Apr 2020 10:44 PM PDT

    Hi.

    I need 1 TestNet BTC, please.

    Test Wallet: tb1qv8m549gqr76llxu9c9um6t6czud65umruhkgyf

    I had setup a regtest server and then realized I could not send the coins to the testNet.
    There is a time constraint for me to setup a miner and faucets do not give enough for the project.

    Thank you!

    submitted by /u/jon-reddit
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    yeah so that's a "get fucked" from me

    Posted: 13 Apr 2020 04:33 AM PDT
    Read more
    at

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