• Breaking News

    Monday, May 18, 2020

    Home Unlabelled Bitcoin Mentor Monday, May 18, 2020: Ask all your bitcoin questions!

    Bitcoin Mentor Monday, May 18, 2020: Ask all your bitcoin questions!

    May 18, 2020

    Bitcoin Mentor Monday, May 18, 2020: Ask all your bitcoin questions!

    Mentor Monday, May 18, 2020: Ask all your bitcoin questions!

    Posted: 18 May 2020 04:01 AM PDT

    Ask (and answer!) away! Here are the general rules:

    • If you'd like to learn something, ask.
    • If you'd like to share knowledge, answer.
    • Any question about Bitcoin is fair game.

    And don't forget to check out /r/BitcoinBeginners

    You can sort by new to see the latest questions that may not be answered yet.

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

    Hahahaha Printer goes BRRRRRR !!! BRRRRRRRRR

    Posted: 17 May 2020 11:49 PM PDT

    To all newbies and whatnots: FREE GIVEAWAYS are always SCAMS. Period! Stay away! I can't believe this needs to be said but there you have it.

    Posted: 18 May 2020 02:03 AM PDT

    There seems to be an influx in such scams lately, so I thought to post this in order to prevent you from doing something you will regret. There is no such thing as free money. I know greed sometimes does a trick on you and it can get the best of us but try to think twice before sending some coins to an obvious scam such as free giveaways. You have been notified.

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

    Approximately one BTC of herb I'm curing.

    Posted: 17 May 2020 01:48 PM PDT

    JKR will understand Bitcoin with this great and simple explanation

    Posted: 17 May 2020 05:22 AM PDT

    BitPay is the worst bitcoin wallet ever, please stay away..

    Posted: 17 May 2020 08:40 PM PDT

    I've used a host of btc wallets and i've never seen any practice the daylight thievery done at bitpay. How do we get more people buy btc when we have a major wallet service charging over 50% of a transaction as fees. They always claim transaction is too small or network is congested. This is just a big fat lie, I used the blockchain wallet to check when transactions were really low and bitpay still claimed network is congested trying to charge me about $8 to send out $15, btw $15 is not too small. Bitpay are theives, a bank will never charge such exorbitant fees, what rubbish.

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

    Bitcoin's short story..

    Posted: 17 May 2020 01:06 PM PDT

    Bitcoin entrepreneur Michael Terpin joins crypto-security firm NGRAVE as adviser.

    Posted: 18 May 2020 02:04 AM PDT

    In the last 100 days, the number of Bitcoins in the Grayscale Bitcoin Trust (GBTC) has increased by more than 60000. These coins are locked for 6 months too.

    Posted: 17 May 2020 11:15 AM PDT

    I had made a similar thread 100 days ago.

    The following is a simple table showing the number of bitcoins in the GBTC as seen on its page here on the given days.

    Date Number of btc in GBTC
    31 Dec 2017 170,000
    31 Dec 2018 204,390
    26 July 2019 239,513
    26 Oct 2019 257798
    7 Feb 2020 (100 days ago) 283,192
    27 Apr 2020 312886
    1 May 2020 323262
    17 May 2020 (today) 343954

    Number of bitcoins acquired in last 100 days: 343954-283192 =60762

    The rate of acquiring bitcoin in gbtc has actually accelerated after April, as you can see above in the table. However, even at the rate of 600 bitcoins per day that GBTC has bought every day for last 100 days, the GBTC is buying Bitcoins equal to 2/3rd of all supply of newly minted Bitcoin.

    For good measure, 60k bitcoins in last 100 days is about 33-34% of all newly minted bitcoins in that period, give or take.

    And GBTC is just one of the many ETF's that people who don't want to fiddle with private keys etc, can use to acquire Bitcoin, albeit the largest one.

    The demand is there. The supply is reduced. Lets see where we will be in 100 days. I am not going to mention price of Bitcoin 100 days ago, because I am not selling anything. DYOR. Make your own investment decisions. This is not investment advice.

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

    60 minutes short documentary: Federal Reserve Chairman Jerome Powell on the coronavirus-ravaged economy. Who do you trust more? Mathematics or bureaucrats like this?

    Posted: 17 May 2020 10:23 PM PDT

    A bitcoin doubling scam is live on YouTube in the name of chamath of social capital... Stay away and don't fall for this..

    Posted: 17 May 2020 02:17 PM PDT

    Daily Discussion, May 18, 2020

    Posted: 18 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
    [link] [comments]

    Monday Art - Yana Kaplan

    Posted: 18 May 2020 01:58 AM PDT

    Its high fee season! Use this chart to save on bitcoin:

    Posted: 18 May 2020 05:52 AM PDT

    Bitcoin market cycles

    Posted: 17 May 2020 06:51 AM PDT

    How many of you have ACTUALLY read the Bitcoin whitepaper?

    Posted: 17 May 2020 05:48 PM PDT

    Just out of curiosity. Are people learning from second hand sources or from the original source?

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

    Monday Art - CryptoCloaks

    Posted: 18 May 2020 01:58 AM PDT

    This is a screenshot from the Frinkcoin episode in the Simpsons. Frink in Gematria = XRP & Professor Frink created the coin to overrule BTC. Mr Burns doesnt like it so he hires mathematicians to figure out how to ruin Frinkcoin and this equation appears. Can anyone explain what this equation means?

    Posted: 18 May 2020 04:27 AM PDT

    GOT SCAMMED BITCOIN!!!

    Posted: 17 May 2020 04:18 PM PDT

    GUYS! I FUCKING FUCKED UP. 2 hours ago.

    Can't believe it happened to me.

    Can't believe I'm such a stupid fuck.

    But I got scammed today.

    Some indian fuckers are sitting right now on Youtube doing Live session in Chamath Palihapitiya's name, multiple ones. "5000 BTC giveaway".

    Man, punch me in the face. I love Chamath, and this Live session came up in on my YT feed, because I watch Chamath a lot.

    Clicked on the video, everything looked so real. Got to the website. Everything professionally done. Well designed website. EVERYTHING LOOKED GREAT!

    I can't believe I'm even writing this. Like, I wanna laugh but I also wanna cry. $1000 worth of BTC BOOM GONE.

    JUST WANTED PEOPLE TO KNOW STAY AWAY AND BE CAREFUL.

    I NEVER thought I would do something like this or that it would happen to me. It's fucking crazy. I've been into crypto a long time, and yeah....I'm not a veteran but I'm definitely not a newbie either.

    But I got SCAMMED. Hhahahaha fuuck!

    Please, be careful, and if anyone have any suggestions on what I can do to somehow get them back, I would be extremely happy to receive your suggestion.

    /Chris

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

    Coinbase/Coinbase pro

    Posted: 18 May 2020 03:47 AM PDT

    Usually buy my bitcoin off of standard Coinbase but I've been told Coinbase pro has less fees.

    How do you buy bitcoin on Coinbase pro? I don't want to open positions I just want to buy satoshis and send them to my wallet.

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

    Selling a selfmade Bitcoin painting ����

    Posted: 17 May 2020 03:24 PM PDT

    Reminder that you should transfer your bitcoin to an external wallet

    Posted: 17 May 2020 08:04 PM PDT

    So I just bought my first amount of bitcoin from an actual exchange instead of Robinhood, and using the blockchain explorer I noticed something interesting.

    I used Coinbase pro, and my Coinbase pro wallet's address has zero transactions on it in blockchain explorer, with an all-time balance of 0.0 BTC. This worried me, but I went through with my plan to move the bitcoin to an external wallet anyway.

    I did indeed receive my bitcoin on my external wallet, but checking blockchain explorer revealed that it was transferred from a different wallet address. That address sent bitcoin to 40 different wallets including mine in one transaction. According to the blockchain, my Coinbase pro wallet never actually had my bitcoin in it at any point.

    I'm guessing that a lot of you out there already knew about this, but it was really eye opening for me, and I never heard anyone talk about this happening before. It really drives home the PSA we see all the time on here:

    If you don't hold the private key to the wallet your bitcoin is in, you don't really have any bitcoin at all.

    submitted by /u/BackgroundHandle6
    [link] [comments]

    Bitcoin Hardens, Fiat Eases: 4 Things to Watch for BTC Price This Week

    Posted: 18 May 2020 04:19 AM PDT

    Robert Kiyosaki has recently started posting about bitcoin on his twitter

    Posted: 17 May 2020 08:37 PM PDT

    I had never heard him talk about bitcoin, only gold and real estate. Now in the last couple of days, he has been mentioning bitcoin. He has had 3 tweets mentioning it so far. Was very surprising for me because he always seemed more of an old fashioned investor per se.

    His twitter: https://twitter.com/theRealKiyosaki?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

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

    Tales from the Crypt: #161: Misir Mahmudov

    Posted: 18 May 2020 03:07 AM PDT
    Read more
    at

    No comments:

    Post a Comment