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    Bitcoin Daily Discussion, May 19, 2020

    May 19, 2020

    Bitcoin Daily Discussion, May 19, 2020

    Daily Discussion, May 19, 2020

    Posted: 19 May 2020 12:01 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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    Saw people posting what cars they bought with their Bitcoin profits. All I could buy was some cat food for this guy.

    Posted: 18 May 2020 07:11 PM PDT

    Well, it's no moon lambo, but I am closing today on a used BMW 5 series with my bitcoin profits. Don't let your memes just be dreams kids ha. #hodl

    Posted: 18 May 2020 08:50 AM PDT

    Upvote if you have read Satoshi's white paper

    Posted: 18 May 2020 07:15 PM PDT

    Used my profits to buy a Tesla. Not a Lambo, but a lambo doesn't drive itself to you either

    Posted: 18 May 2020 11:10 PM PDT

    Thank you Jack, very cool!

    Posted: 18 May 2020 01:19 PM PDT

    Real Magic Internet Money

    Posted: 18 May 2020 03:37 PM PDT

    How do you get over having used to own so much bitcoin?

    Posted: 18 May 2020 10:56 PM PDT

    Succinctly put, I had a little less than 100 BTC in 2013, thought after I quadrupled my money, it was a wise time to cash out... I knew about the 21 million cap, and other properties, but I was too young and financially illiterate to appreciate what I had, and listened to my boomer parents.

    My 20's are coming to an end, and its just so depressing buying a whole coin for a little less than 200x of what price I originally bought in at. (still stacking sats though)

    I know there are other stories with orders of magnitude greater loss, And I am still greatly advantaged versus most people in the world.

    Sometimes I just get hit with a wave of depression and it's hard not to hate yourself... just wish I researched a little more..

    I don't really know what I am looking for, or if there is an answer, but if others have similar stories, either successful or not, perhaps it would make me feel better.

    TL;DR sold my 100 BTC painfully early, How do I cope?

    submitted by /u/FunkDaddyDeluxe
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    XBTUSD went to $0 on Bitmex futures and the exchange crashed.

    Posted: 19 May 2020 05:53 AM PDT

    One for the ages

    Posted: 18 May 2020 05:57 PM PDT

    I just put all my savings into Bitcoin.

    Posted: 19 May 2020 01:11 AM PDT

    Yolo bit*h

    submitted by /u/OxxyOzzu
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    "Why bitcoin will fail," written May 8 2011. It's hilarious retrospectively reading this guy so smugly denounce bitcoin

    Posted: 18 May 2020 10:12 PM PDT

    World's richest cat

    Posted: 19 May 2020 06:25 AM PDT

    Like the other Guy. It’s no Lambo but finally the bitcoin Jeep! Keep on #HODL . Now for some decals��

    Posted: 18 May 2020 11:08 PM PDT

    Spotted at a local gas station (Miami, FL)

    Posted: 18 May 2020 06:21 PM PDT

    My CoinbasePro got compromised, and my $$$$ is gone.. (I don't have enough KARMA to post this in the Coinbase Sub)

    Posted: 18 May 2020 10:30 AM PDT

    Last Friday, I found out all my limit buying orders in CoinbasePro were gone, so I went 'Yay!', but soon I realized there is nothing in my portfolio - My USD balance of $8,800 had just disappeared.

    So I called Coinbase, but all I could do was suspend my account, and I filled out the complaint form online.

    Then I looked through my Gmail, and found an email from Coinbase sent on Thursday, saying "Congratulations! You have successfully transferred 0.8970 BTC to xxxxxxxxxxxxxxxxxxxx (I removed the address after my post got deleted by the moderator)."

    That email was the only message from Coinbase regarding this transfer. No verification request, no Google Authentication confirmation, nothing.

    I would like to see the Coinbase transaction record, but I couldn't because I had just suspended my account.

    As of now (Monday P.M.) I did not receive any response from Coinbase.

    Can someone PLEASE help? That money is like 70% of my asset. (sob)

    submitted by /u/joonpk
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    A guide for your friends on how to buy Bitcoin cheaply

    Posted: 19 May 2020 05:18 AM PDT

    I've been getting this question from a few friends so I decided to write something on it. As we climb the "wall of worry" there will surely be many more looking to buy some bitcoin with no idea how or where to do it.

    In the post I cover the fee structure for a bunch of the best brokers and exchanges - all fiat to BTC. Swan Bitcoin, River Financial, Cash App, Coinbase, Kraken, etc. I also cover the importance of withdrawing coins from the exchange and the use of spreads in broker pricing.

    https://whatismoney.info/where-and-how-to-buy-bitcoin-for-cheap/

    submitted by /u/captainsidd
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    Despite a halving in block reward, the total hashrate has currently only dropped to levels it was at 2 months ago.

    Posted: 18 May 2020 06:51 PM PDT

    Jack is one if the best evangelists to mainstream Bitcoin adoption. Love Cash App.

    Posted: 18 May 2020 02:04 PM PDT

    Predictive Text Understands Me

    Posted: 19 May 2020 05:50 AM PDT

    Network fees

    Posted: 19 May 2020 05:38 AM PDT

    Yesterday I bought 50€ worth of btc on bit2me and when i sent them to my ledger the network fees were about 0.0009541 (8-9€).

    Does anyone know why?

    submitted by /u/spikebtsa
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    J.K. Rowling trolling

    Posted: 18 May 2020 07:49 PM PDT

    How much bitcoin have you lost to the void?

    Posted: 18 May 2020 10:16 PM PDT

    So tonight I accidentally lost some bitcoin to the void for the first time. Feels bad.

    RIP 400 satoshi

    So to hopefully not wallow in it, I want to hear if anyone else has accidentally sent some of their bitcoin to the great beyond.

    submitted by /u/BackgroundHandle6
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    Sent the wrong amount, order canceled

    Posted: 19 May 2020 05:20 AM PDT

    Long story short I typed in the dollar amount of my order rather than the decimal of the bitcoin amount, now the order has been canceled because of non payment and I still dont have the bitcoin back in my wallet? Does the vendor have my funds or what? Idk what to do Any advice is appreciated

    submitted by /u/Adam2326d
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    Be Your Own Bank.

    Posted: 18 May 2020 05:14 PM PDT

    I live in a 6,000 square foot house. But I don't own it. The bank does.

    I don't own any of my own money. The bank does.

    I own my #bitcoin. Not the bank.

    Be Your Own Bank.

    submitted by /u/HappyDadOfFourJesus
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