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    Bitcoin Daily Discussion, May 16, 2020

    May 16, 2020

    Bitcoin Daily Discussion, May 16, 2020

    Daily Discussion, May 16, 2020

    Posted: 16 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.

    Join us in the r/Bitcoin Chatroom!

    Please check the previous discussion thread for unanswered questions.

    submitted by /u/rBitcoinMod
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    Thought you guys would like this

    Posted: 15 May 2020 01:50 PM PDT

    ��

    Posted: 15 May 2020 03:16 PM PDT

    What does the rat say?

    Posted: 15 May 2020 09:44 AM PDT

    This statement reminds me of my boomer friends’ refusal to even try. Word for word I’ve heard it before and it’s infuriating.

    Posted: 16 May 2020 01:31 AM PDT

    CoinMarketCap removes evidence of wash trading on Binance

    Posted: 15 May 2020 09:06 PM PDT

    J.K. Rowling: “I don’t understand bitcoin. Please explain it to me.”

    Posted: 15 May 2020 11:08 AM PDT

    It's just not gonna happen!

    Posted: 15 May 2020 03:53 PM PDT

    Elon Musk replies to J.K. Rowling: “Pretty much, although massive currency issuance by govt central banks is making Bitcoin Internet �� money look solid by comparison”

    Posted: 15 May 2020 03:08 PM PDT

    That's more like it!

    Posted: 15 May 2020 12:16 PM PDT

    „Transfer“ Assets from one ledger nano s to a second one

    Posted: 16 May 2020 01:33 AM PDT

    I bought the ledger nano s recently for the full price and now it's 50% off. Is there a way I can buy a second one and „transfer" everything on to it?

    It should be early enough for me the get a refund for the one I bought at full price. That's why I'm asking.

    submitted by /u/ToniTuna
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    A little kid asked his father for bitcoin as a birthday present

    Posted: 15 May 2020 03:50 PM PDT

    The dad said what?! $15,679??! $12,457 dollars is a lot for a kid your age! Why do you need $14,478 dollars?

    submitted by /u/flappyhok69420
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    Pine64 has decided to not use Bitpay for Bitcoin payments - explores other options

    Posted: 16 May 2020 12:34 AM PDT

    "Bitcoin can't fail unless there is a consensus amongst all of us to allow it to fail". (Great quote by Jameson Lopp on the Pomp Podcast)

    Posted: 16 May 2020 03:35 AM PDT

    If you're a US citizen, the long-term capital gains tax you pay on Bitcoin is equivalent to a property sale (up to 15% depending on income). The long-term capital gains tax on Gold? 28%. Seems like another advantage to BTC over Gold.

    Posted: 15 May 2020 01:06 PM PDT

    Full disclosure: I hold both. But as an investor, I'm always looking at all of the various advantages in assets/positions. Tax implications are a big deal. To me and to institutional investors.

    I won't be surprised to see a lot of institutional investors choosing BTC as their inflation hedge in this current economic climate over gold-- or at least weighting it heavier (like I am). Time will tell though.

    Good luck guys!

    submitted by /u/john_carver_2020
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    Charles Hoskinson Explains Bitcoin to J.K. Rowling

    Posted: 15 May 2020 09:31 PM PDT

    Run myNode on a virtual machine

    Posted: 16 May 2020 02:19 AM PDT

    I just decided to donate - only if Lightning Network payment option exists...

    Posted: 16 May 2020 03:51 AM PDT

    like for example on Johoe's Bitcoin Mempool Statistics

    That is required action towards global adoption

    e.g. Phoenix wallet - is ready for "average Joe" right now

    We only need to spread the word...

    submitted by /u/jk_14r
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    Despite all the Brrrrr, USD is currently undergoing deflation

    Posted: 15 May 2020 04:01 PM PDT

    I hope everyone knows this...

    Posted: 15 May 2020 01:07 PM PDT

    People in Lebanon Can Only Get $100 a Week of Their Own Money

    Posted: 16 May 2020 04:22 AM PDT

    “El-Erian: Worst recession since Great Depression ahead, 2009 will look like a flesh wound.” We should be cautious... BTC dipped below $4k in March when the market tanked... more pain coming...

    Posted: 16 May 2020 04:16 AM PDT

    What design flaws and what problems remain to be solved about anonymity and decentralization?

    Posted: 16 May 2020 04:09 AM PDT

    Anyone know what happened to the guy that sold all his stuff for BTC?

    Posted: 15 May 2020 11:57 PM PDT

    As title says, I remember reading about a guy that sold all his worldly possessions for BTC and moved his family into a camper van. I can't remember where this was in the lifetime of Bitcoin, so I guess he's either a very wealthy lunatic or a very poor lunatic. Anyone know what happened?

    submitted by /u/Zulunation101
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    Buying Bitcoin

    Posted: 16 May 2020 03:14 AM PDT

    Hi, I want to buy some bitcoins but i don't know how, I made i wallet but i don't know from where i can buy bitcoin. Any help will be appreciated, Thanks.

    submitted by /u/anasigbaria
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