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    Bitcoin Daily Discussion, April 25, 2020

    April 25, 2020

    Bitcoin Daily Discussion, April 25, 2020

    Daily Discussion, April 25, 2020

    Posted: 25 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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    Repost, one of the best from 2017

    Posted: 24 Apr 2020 05:25 AM PDT

    PSA: You can still become a millionaire or even a billionaire...

    Posted: 24 Apr 2020 05:29 PM PDT

    1 million satoshi (0.01 BTC) currently costs ~$75.00 USD.

    10 million satoshi (0.1 BTC) currently costs ~$750 USD.

    100 million satoshi (1 BTC) currently costs ~$7,500 USD.

    1 billion satoshi (10 BTC) currently costs ~$75,000 USD.

    Better not wait until EOY 2021 when 1 million satoshi will probably cost $750 USD, or you'll complain that it's "too expensive" to become a millionaire...

    ​

    It will be pretty mind-bending when--in a decade or so--we look back on this time and remember "how easy" it was way back when to stack a few million sats... And, we'll probably all wish we'd stacked a few more millions.

    ​

    To all the trolls: YES. I believe it is more likely than not that we will see a 10x gain (~1.3 trillion market cap) by the end of 2021. And then I think another 10x (~10 trillion market cap) gain within the next 10 years after that is more likely than not to occur. This is a LONG way from Bitcoin becoming a new reserve currency. But it IS Bitcoin becoming Gold 2.0.

    ​

    edit: words

    edit2: FOR FUCKS SAKE people: READ THE DAMN POST: I'm not talking about having millions or billions of WORTHLESS FIAT DOLLARS. I'm talking about having millions or billions of SATOSHI, and the associated cost, today, to obtain that threshold. CHANGE YOUR PARADIGM OR HISTORY WILL CHANGE IT FOR YOU.

    submitted by /u/Kinolva
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    Home Mining

    Posted: 24 Apr 2020 03:40 PM PDT

    All in to BTC

    Posted: 24 Apr 2020 03:12 PM PDT

    What you may see as a speculative investment, is my savings account

    Posted: 25 Apr 2020 03:07 AM PDT

    Tiny Tents for Cats - Now available using bitcoin

    Posted: 24 Apr 2020 06:50 PM PDT

    In the meantime, fiat is becoming more and more worthless in Venezuela. Who's next is just a matter of time.

    Posted: 24 Apr 2020 04:09 PM PDT

    What is Bitcoin? Explained by Peter Van Valkenbrrrgh in just 2 minutes.

    Posted: 24 Apr 2020 11:26 PM PDT

    First time buyer

    Posted: 25 Apr 2020 12:59 AM PDT

    How do I go about buying my first Briecoin?

    I've heard you don't have to buy a whole wheel. I think there was a podcast that said you can stack slices. I also heard that The FARM will keep pumping out an unlimited supply of milk which just seems to go bad over time, whereas Briecoin is hard cheese. I guess the good thing is you can always convert your milk into Briecoin.

    I keep seeing this meme about The FARM. Something about Milk cow go MRRR. I don't get it.

    Also people have been telling me to keep my Briecoin in the fridge. Cold storage they call it.

    Not your keys, not your cheese.

    I just know I have to get to 3.14 Briecoins before the next halving. There's only so many Briecoins that will ever exist right? Seems like a nice round number. Can anyone help?

    submitted by /u/0xtail1
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    Non-wrapped bitcoin trading on a non-custodial exchange is now possible

    Posted: 25 Apr 2020 02:20 AM PDT

    I wanted to share some excitement for a project that finally achieved non custodial bitcoin trading.

    So before you judge this post, realise this isnt an atomic swap or wrapped bitcoin. This has already been achieved. No, this is real bitcoin trading against ethereum and usdc with order books etc.

    I find this to be a exciting achievement because i kind of hate binance and the power centralised exchanges hold. Bitcoin set the example of users holding assets themselfs. No need for banks. Yet these centralised exchanges more act like banks...and users store their btc there like bitcoin was made to be stored on banks.

    If you want to try it yourself, head to http://nash.io/ you can trade up to 1k usd without needing KYC. Again, you hold the keys here. And the funds are also still yours while they are in the trading contracts.

    I can also understand the people who would not like the kyc requirement on the bitcoin community though, but i think its good to bring more adoption to bitcoin. Also be aware that they are still monitoring the state channels that process these transactions, and therefore for safety put a limit of 1 btc per user on for now.

    Thanks for reading!

    submitted by /u/borgqueenx
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    Jack Dorsey talking about Bitcoin

    Posted: 24 Apr 2020 04:18 PM PDT

    Chinese Mining ASIC Producer Ebang Has Filed for a $100mn US IPO

    Posted: 24 Apr 2020 09:25 PM PDT

    Really love my smartwatch

    Posted: 24 Apr 2020 10:26 AM PDT

    Bitcoin Lightning Network Capacity Chart - Bitcoin Visuals

    Posted: 25 Apr 2020 02:07 AM PDT

    Peter Schiff has now convinced himself that his solitary bank is going to create a gold backed debit card and that will defeat the whole purpose of bitcoin.

    Posted: 24 Apr 2020 08:37 PM PDT

    Isn't that like a solitary post office saying that by adding computers and fax machines to their services they will defeat the whole purpose of the internet.

    Who still listens to this clown when it comes to Bitcoin? Seriously?

    https://youtu.be/6K9Jcar8VgY

    Timestamp: 1:20:15

    submitted by /u/slvbtc
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    Can you transfer BTC from Cash App to a hardware wallet?

    Posted: 24 Apr 2020 05:57 PM PDT

    Been researching BTC for the past month or so. Been in and out of exchange sites and reading information. Pretty much in analysis paralysis. But I was wondering if you're able to transfer BTC from the cash app to a hardware wallet? If not, what are some sites to check out for a U.S based user?

    Thanks!

    submitted by /u/skiwii91
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    This stream has been scamming people around the world for three days now. Flag it as a scam so Youtube finally takes it down!

    Posted: 24 Apr 2020 05:51 PM PDT

    Bitcoin is an alternative financial reality

    Posted: 24 Apr 2020 04:32 PM PDT

    Bitcoin atms? Worth using?

    Posted: 25 Apr 2020 01:48 AM PDT

    For small purchases, 100-200 bucks,

    Or to invest?

    Thank you

    submitted by /u/Bellphorion
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    They're back ! You can buy alpaca socks with bitcoin once again !!!

    Posted: 24 Apr 2020 01:01 PM PDT

    How to be anonymous when using Bitcoin - 7 Steps - The Bitcoin Chain

    Posted: 24 Apr 2020 07:03 PM PDT

    Why is it telling me to update if I am already up to date? Why am I unreachable?

    Posted: 25 Apr 2020 02:58 AM PDT

    Why is it telling me to update if I am already up to date? Why am I unreachable?

    So a few months ago I unplugged my bitcoin node when it was running perfectly. So when I connected it again this week I had to let it sync to the blockchain again. Now you can see it's synced but I have several issues.

    It tells me to update the version when v0.19.0.1 is totally up to date. And if I need to update, how do I do it?

    Secondly I don't know but it says that my node is unreachable (I cropped out the IP address). How could I fix it?

    Thanks

    https://preview.redd.it/tg9y9fersxu41.png?width=1214&format=png&auto=webp&s=eba97b4a13777c37b90ec2c41549c16546fef84d

    submitted by /u/nerviosus
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    What app is best to use to buy things with bitcoin?

    Posted: 25 Apr 2020 02:49 AM PDT

    I own some bitcoin, half in storage and the other half sitting in coinbase at the moment.

    I want to start buying things with bitcoin, can I just pay for things by sending from my exchange (coinbase) or is there a quicker way through an app?

    submitted by /u/tongsyabasss
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    Bitcoin gets a quick mention on CNBC as a potential future world reserve currency. (@ 7m3s)

    Posted: 24 Apr 2020 06:45 AM PDT
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