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    Bitcoin Daily Discussion, May 29, 2020

    May 29, 2020

    Bitcoin Daily Discussion, May 29, 2020

    Daily Discussion, May 29, 2020

    Posted: 29 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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    "If I had only known about Bitcoin in 2010, I would have definitely invested".

    Posted: 28 May 2020 08:25 AM PDT

    This printing of money is going to bring one hell of an inflation soon enough. Now the EU has joined in with 826bn. Globally over 10tn has been printed to aid covid recovery. Noble as it is, the effect will bring the global economy to its knees

    Posted: 29 May 2020 01:00 AM PDT

    How bankers think...

    Posted: 28 May 2020 08:44 PM PDT

    Milton Friedman Saw it Coming !!

    Posted: 28 May 2020 11:26 PM PDT

    Kraken Exchange to Roll Out Lightning Network Support This Year

    Posted: 28 May 2020 11:34 AM PDT

    UK Uses Feudal System Law To Seize £150 Million From Bank Accounts

    Posted: 29 May 2020 12:58 AM PDT

    Chuckled

    Posted: 28 May 2020 01:59 PM PDT

    I went and got a hardware wallet thanks to you guys! I should have done an unboxing video...

    Posted: 28 May 2020 04:51 PM PDT

    Bullish Grayscale buys 1112.35 BTC a day since the halving

    Posted: 29 May 2020 02:42 AM PDT

    What is the Biggest Threat to Bitcoin in 2020? | Bitcoiner Dan Held Interview [May 28th 2020]

    Posted: 28 May 2020 02:11 PM PDT

    Hedge funds are buying Bitcoin massively despite Goldman Sachs' skepticism

    Posted: 28 May 2020 06:38 AM PDT

    The in-game currency of the upcoming MMORTS Infinite Fleet from Blockstream CSO Samson Mow is a crypto-currency running on the Liquid Network

    Posted: 29 May 2020 02:45 AM PDT

    Billionaire Chamath Palihapitiya talks bitcoin - skip to 34:48

    Posted: 29 May 2020 03:10 AM PDT

    I suck at buying the dip

    Posted: 28 May 2020 05:14 PM PDT

    That is all. It was sub 9K, I let off the gas Dollar cost averaging and now it's back to 9.5K. Also several exchanges went down. For a retail investor it really seems you have to DCA and let time be your ally. Perfectly timing dips with shaky exchange platforms just isn't a recipe for success (for me). Wanted to hear your thoughts !

    Obviously "number go up" is good for the sats I already have stacked so it's a win-win on the day.

    submitted by /u/son_of_Bill_W
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    OKCoin Grants BTCPay Server $100,000

    Posted: 28 May 2020 10:40 AM PDT

    Docchi.me is a fun little game that pays you sats. I made it to learn some coding skills.

    Posted: 28 May 2020 07:28 PM PDT

    My FUD T-Shirt on the left & FOMO T-Shirt on the right...

    Posted: 28 May 2020 02:44 PM PDT

    Deteriorating asset claims that Bitcoin is not an asset,Goldman Suck

    Posted: 28 May 2020 06:42 PM PDT

    US Plan to Delist Chinese Stocks Could Trigger Massive Bitcoin Buying Spree

    Posted: 28 May 2020 11:33 AM PDT

    The mounting tensions between the US and China as a result of the ongoing pandemic have contributed to global instability and could ultimately provide a major boost to Bitcoin.

    The United States House of Representatives is now spearheading an effort to delist Chinese stocks from the US markets, claiming that they have long been able to benefit from US listings without the companies having to abide by the same rules as domestic companies.

    If the government is successful in their move to delist these companies, it could provide a major boost to Bitcoin as more Chinese citizens turn to crypto to escape the mounting economic turbulence.

    Ironically, this effort is being driven by Representative Brad Sherman – an outspoken critic of Bitcoin and other digital assets.

    Tensions Between US and China Mount as Government Moves to Delist Chinese Stocks

    The ongoing global pandemic has largely been blamed on China by officials within the US government, who now appear to be taking actions to increase the country's accountability.

    In a recent interview with MarketWatch, Representative Sherman noted that "it's time for China to blink first" while speaking about his newly introduced "Holding Foreign Companies Accountable Act."

    Rep. Sherman, who has long been an adversary of Bitcoin and crypto in general, explained that this newly introduced act isn't being floated with the goal of desilting Chinese companies from the US markets, but rather to force them to adhere to the US capital-market standards.

    "THE PURPOSE HERE IS NOT TO DELIST OR DE-REGISTER; IT'S TO DEMAND THAT CHINA DO WHAT EVERY OTHER COUNTRY HAS DONE AND AGREE THAT IF THEIR COMPANIES WANT TO PARTICIPATE IN U.S. CAPITAL MARKETS, THEY AGREE TO LIVE BY U.S. CAPITAL-MARKETS RULES…TIME FOR CHINA TO BLINK FIRST FOR THE BENEFIT OF INVESTORS," HE STATED.

    If this act is passed, it could create even greater tension between the two countries, potentially having grave impacts on the recently passed trade deal.

    Rep. Sherman believes that the bill will be successfully passed before the end of summer.

    Here's How This Could Give Bitcoin a Boost

    Because the delisting of Chinese companies from the US markets could have dire impacts on the country's economy, citizens residing there may continue turning to alternative investments like Bitcoin to hedge their portfolios.

    This growth has been fueled by investors in China and other countries moving to add USD exposure to their portfolios.

    The imminent inflation that the US dollar will soon see, however, may also lead some of these investors to convert their USDT into Bitcoin in order to avoid the impacts of the United States' immense money printing, thus giving BTC a major boost.

    submitted by /u/kealenz
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    I didn't buy a car, but I did buy a business!

    Posted: 28 May 2020 01:35 PM PDT

    My friend has had this drone shop for a while and with the covid thing and all, I have used my coin to bail him out of his lease and I'm taking over! Hes still very much involved, but I'm going to give the place a makeover and rebrand the place to make it my own. I still want a Lambo though...

    submitted by /u/psyco_llama
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    Russia's Central Bank plans to launch a digital mortgage on the Blockchain platform •

    Posted: 29 May 2020 03:20 AM PDT

    The best Cryptocurrency exchange in India

    Posted: 29 May 2020 02:53 AM PDT

    CforCoins: Fast & Easy Bitcoin trade platform

    The crypto market is advancing and so are the companies that provide trade and exchange opportunities. With the mere mention of a newly launched cryptocurrency, creates a surge in the buyer's minds of getting their hands on something pristine. Making transactions in the market gets the buyers curious about expanding their boundaries for a change. They start diving deep into the basics and trends, aspiring to find an advantageous investment offer in potential acquisitions. This inquisitiveness for evaluating the benefits of the latest exchanges compared to the existing ones is fairly natural.

    CforCoins is another name for the budding change of the crypto market; it is the go-to destination for most people for their exchange related queries. It is a newly discovered crypto exchange platform for the users, which provides its users with an opportunity for reaping benefits through digital trade. In the coming few months, it is expected that CforCoins will come up with even more interactive and profitable features. Being a fast and reliable exchange platform, it will transcend the present standards through its easy to access attributes.

    What is CforCoins?

    CforCoins is a cutting edge crypto exchange space for Altcoins and Bitcoins. Their website and mobile application are dedicated to providing its users with easy trading through crypto-currencies. It is equipped with a functional user interface that allows it to perform at a lightning-fast speed. The CforCoins also has comprehensive client support making it a trailblazer for the upcoming non-materialistic era.

    Their app provides easy access to the digital crypto market and permits the users to trade through them. This platform is base for consumers and merchants to perform exchange in various cryptocurrencies like Altcoins, Bitcoin, Ripple, Ethereum, and more. The CforCoins is a tech-complying venture started by financial specialists, who aimed at devising a safe, user-friendly, and zestful platform for trading in cryptocurrencies. It is a definitive, ethical, and clever companion that will help you through the confusing and painful journey.

    CforCoins is an Indian Organization for crypto exchange, which is steadily growing to create its identity at a global level. Their next-gen technologies are formulated for customizing and providing personalized user experience; to gratify their needs and demands. It is a representation of the youth's contribution to the market's progress.

    They make trading in crypto easier by providing extensive support throughout the exchange process; it a platform worth trying. CforCoins have has facilitated the crypto trading procedure for many Indian prospects and investors. The convenient use of the platform makes it perfect for beginners as well.

    Features Sufficing CforCoins's Supremacy

    Buy & Sell Altcoins in INR:

    The need for this feature arises entirely out of the need for easing the process of buying and selling Altcoins for investors. Facilitating Altcoin trading in INR has made the whole process incredibly smooth and easy to undertake.

    Secured Digital Asset Management:

    It is one of the most important aspects that makes any platform reliable and trustworthy. Having a secure repository that allows the creation, management, organization, production, distribution, and potentially, even monetization, of digital assets.

    KYC:

    The government of India has now mandated the submission of KYC documents. Adhering to that, CforCoins asks for and maintains a database of KYC documents to properly identify the traders and keep a record.

    Inauguration offer, Zero charges:

    This makes CforCoins stand out among the crowd. It is the first crypto-trading platform in India to levy a 0% fee for trading Bitcoins and Altcoins.

    Easily send and receive coins:

    It facilitates the immediate transfer of Bitcoins and Altcoins with the assistance of their secured crypto walls.

    Express deposits and withdrawals:

    It provides you the option to deposit funds in your wallet almost instantly. This immediate loading for your e-wallet provides you with the freedom to make a purchase, whenever you choose to.

    Why Should You Sign Up With CforCoins Exchange

    With Bitcoin, Ethereum and Ripple wallets, CforCoins is at the forefront of the galloping Indian crypto-currency market. Serving as the first free-of-cost platform for crypto-asset trading in India, it is no surprise why CforCoins is becoming a sort-after market place for traders. It has made a name for itself, by providing some of the most secured services to avail buying, selling and holding crypto-assets in India.

    CforCoins has managed this feat by implementing an ideologically driven strategy, that was focused upon building a secure and easy-to-use transitional market-place for Bitcoin and Altcoins. CforCoins is trying to build upon a strong foundation of trustworthiness and credibility. There are hurdles, as they are bound to be with any vision. However, everything seems to be working well for the dynamic model of CforCoins, until now.

    The credit partly goes to the changing perceptions and the invigorating interest that people in India have increasingly shown towards crypto-trading. However, CforCoins also deserves their fair bit of credit for their smart vision of accumulating financial experts under one roof and providing a more secure and relatively easy way for investors to trade and become a part of this new-age pocket of investment.

    Some prominent features distinguish CforCoins from other exchanges. Its well user-friendly design and convenient KYC protocol make it easy for investors to hop on. Features like real-time tracking of crypto asset prices and price alerts are extremely desirable for traders. Instant secure transfer of crypto-assets and quick deposit and withdrawals, undoubtedly adds a lot to the allure of trading on CforCoins. It also makes it easier for the traders to check crypto and INR balances, transaction history and transaction status. Security is given the utmost priority and 24 X 7 customer support is also provided.

    The next stage of planning involves making crypto-trading a more border-less affair. CforCoins seems to have a game plan in mind. Right now it is keeping its cards close to the chest, but seeing the unprecedented success of several cryptocurrencies, is likely to catapult CforCoins at the top of the Global Cryptocurrency paradigm.

    CforCoins exchange is primed for introducing volcanic shifts in the digital asset trading industry. Given the extensive research, that has been undertaken, CforCoins is likely to evolve quickly and upgrade itself to a degree where it will be leaps and bounds ahead of the limitations of the other exchanges. It is nothing short of revolutionary, how the current landscape of crypto-trading can completely transform. CforCoins is surely looking to move some mountains in the arena. Prudence says it is worth betting on the dark horse of CforCoins, but only time will tell the rest.

    submitted by /u/dharanidhar9652
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