• Breaking News

    Friday, May 1, 2020

    Bitcoin Daily Discussion, May 01, 2020

    Bitcoin Daily Discussion, May 01, 2020


    Daily Discussion, May 01, 2020

    Posted: 01 May 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
    [link] [comments]

    Never too late��

    Posted: 01 May 2020 01:30 AM PDT

    We did it Boys.

    Posted: 30 Apr 2020 09:40 AM PDT

    Bitcoi to the moon

    Posted: 30 Apr 2020 08:36 PM PDT

    Weed and Video Games Sales through Bitcoin up by 50% during the COVID pandemic.

    Posted: 01 May 2020 03:22 AM PDT

    While the world steers through this pandemic, it is interesting to see how industries that operate with bitcoin are affected.

    Despite COVID's paralyzing effect on the global economy, some industries that are accepting bitcoin are doing relatively well.

    Businesses that are performing well during these times:

    • Weed
    • Video Games
    • Website Hosting
    • Nutritional supplements

    Almost all of them saw an increase in revenue by up to 50%

    It is no surprise that the brick and mortar type stores have suffered the most during these times while online businesses performing better than offline stores.

    Additionally, a majority of business owners (55%) decided to hold there BTC or buy more during the ongoing pandemic.

    What are some of your thoughts on the effects of COVID on bitcoin businesses?

    Source: https://blog.blockonomics.co/bitcoin-e-commerce-web-hosting-cannabis-game-revenue-up-during-covid-19-crisis-survey-78a7e62b7b5d

    submitted by /u/primalfabric
    [link] [comments]

    BTC Lightning Network announces a new version 0.10-beta

    Posted: 01 May 2020 03:28 AM PDT

    I feel sorry for those believers who believed in 1) the guy who predicted 16000$ bitcoin by feb and 56000$ by July. 2) man from the future who wrote in Reddit post in 2013 predicting bitcoin to be 100k by 2019 end. It is best to use your brain rather than prophesies .

    Posted: 01 May 2020 12:27 AM PDT

    Bitcoin will rise but not that fast.

    submitted by /u/WorldSpark
    [link] [comments]

    Which big Exchanges still don't use batching or SegWit?

    Posted: 01 May 2020 02:31 AM PDT

    After the pump in the bitcoin price the past few days we started to see a mempool backlog of 70K+ transactions and average fees at 100 satoshis/byte which is around $2/transaction.

    I know we are much more prepared this time compared to 2017 and a lot of work has been done the past few years to upgrade infrastructure to allow for better use of the scarce block space.

    What is the current situation? How many big exchange hasn't still implemented SegWit or Batching (which I believe is the most important one).

    Personally, I have lightning channels loaded to do cheap fast transactions no matter the on-chain fees and I have done several transactions just these past few days. Just to remind people: prepare your lightning wallet sooner rather than later and you'll survive the bull market without paying excess fees. Phoenix for Android is the best non-custodial hybrid wallet.

    submitted by /u/saladfingers6
    [link] [comments]

    Andreas M. Antonopoulos on Bitcoin Halving 2020 - Blockchain Mass Adoption and, Star Trek? ����

    Posted: 01 May 2020 04:39 AM PDT

    Guys, I lost $1000 and it was 100% my Fault

    Posted: 01 May 2020 02:33 AM PDT

    A little backstory...

    I'm a long time bitcoin enthusiast. Been keeping a close eye on things since before it hit $500. However, after I missed out on the major boom in a couple years back I pretty much stopped paying attention. Just recently I saw that BTC went from 3k to 7k and with the halving coming up figured now is as good a time as any to reinvest.

    So I took $1000 and put it into an exchange. And then from the exchange I sent it to my old favorite bitcoin mixing service... BitMixer.

    Anyone reading this probably know exactly where this is going... BitMixer has been shutdown since 2017 and there are now numerous fake websites out there. I fell for "bitmixer-io" .com

    To be honest with you, it broke my heart. I sent .1111 BTC off and waited for confirmations. Once the transaction was confirmed I waited to see funds appear in my wallet... and I waited... and then I started to lose hope. That's when I started to see the obvious signs of the scam. The website listed BitMixer's real wallet address... which has of course been inactive since 2017. The wallet address I did send my money to has only had 4 transactions all in the past year.

    This was quite literally the stupidest mistake I have ever made in my life. For so many, many reasons.

    Anyone reading this, please be careful out there. I consider myself extremely careful with my money, my data, and my OPSEC, but this mistake only took me 30 seconds to make and now it can never be undone.

    P.S. If anyone out there happens to be so fortunate that they can help me recover what I lost I would forever be indebted to you. I can provide as much proof as is needed to back up my story. I'm not out here begging but I am here praying that somehow this will work out in the end.

    submitted by /u/Krupxion
    [link] [comments]

    WE DID IT AGAIN GUYS!!!!

    Posted: 01 May 2020 05:16 AM PDT

    $95k Bitcoin by 2021!

    Posted: 30 Apr 2020 04:40 PM PDT

    DCA buying since November 2017. Just stacking no selling.

    Posted: 30 Apr 2020 01:57 PM PDT

    Biggest bitcoin mining farm in Iran.

    Posted: 30 Apr 2020 09:55 PM PDT

    PSA: lightning network vulnerability allowing to in some cases steal funds from routing LN node

    Posted: 30 Apr 2020 05:29 PM PDT

    ⚡️lnd v0.10.0-beta has just been released! ⚡️

    Posted: 30 Apr 2020 10:43 AM PDT

    Prepare for takeoff. ������

    Posted: 01 May 2020 04:52 AM PDT

    What is the state of Lightning Network?

    Posted: 30 Apr 2020 06:39 PM PDT

    Hey all,

    Can anyone tell me what the current state of the lightning network is?

    What are some of the obstacles associated with adoption of lightning network?

    When is it expected to fully mature and (hopefully) solve the scalability problem?

    submitted by /u/Champagnedoge
    [link] [comments]

    The Bitcoin Power in Historic Times."Dreams of the future are always better than the history of the past"

    Posted: 01 May 2020 12:22 AM PDT

    All my money is stranded in China. I want to buy bitcoin for the first time. Help!

    Posted: 01 May 2020 04:22 AM PDT

    Due to the coronavirus, I had to leave all my stuff in my apartment in Shanghai. I brought my union pay bank card but I'm about to reach my withdrawal limit. I am a teacher so I am still getting paid because I am teaching online. Which bitcoin company is good for a beginner like me and also takes Union Pay, which is the Chinese credit card. HELP!

    submitted by /u/Static_exposure
    [link] [comments]

    In case anyone wonders once again what miners incentive will be to process new blocks once all bitcoins are mined...

    Posted: 01 May 2020 04:09 AM PDT

    Before the Next Bitcoin Bull Market, Remember These 6 Essential Things

    Posted: 01 May 2020 04:04 AM PDT

    Announcing lnd v0.10-beta!

    Posted: 30 Apr 2020 12:56 PM PDT

    Looking for a post here. Someone made a BTC ATM out of Raspberry Pi's?

    Posted: 30 Apr 2020 10:30 PM PDT

    You were able to purchase BTC from this machine he made.

    Anyone remember seeing this? I can't find it anywhere.

    submitted by /u/IamInception
    [link] [comments]

    No comments:

    Post a Comment