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    Bitcoin Daily Discussion, July 20, 2020

    July 20, 2020

    Bitcoin Daily Discussion, July 20, 2020

    Daily Discussion, July 20, 2020

    Posted: 20 Jul 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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    Bitcoin is back at $9,200

    Posted: 19 Jul 2020 04:24 PM PDT

    Everybody thinks they missed the boat

    Posted: 19 Jul 2020 03:27 PM PDT

    Smart Daddy.

    Posted: 19 Jul 2020 04:45 PM PDT

    We are still so early

    Posted: 19 Jul 2020 09:19 PM PDT

    Large Bank in Iran Promoting Bitcoin on its website.

    Posted: 19 Jul 2020 10:43 PM PDT

    The decoupling is coming

    Posted: 19 Jul 2020 07:26 PM PDT

    The reason shitcoins have been rallying while bitcoin trends sideways is because right now it is a risk-on environment, as evidenced by stocks hitting all time highs.

    If bitcoin was a risk asset it would also be rallying.

    This might mean bitcoin is showing its first signs of shifting into the risk-off asset segment.

    This is what bitcoin should be doing. In preparation for further economic turmoil through the rest of 2020 and into 2021 bitcoin is morphing into a safe haven risk-off asset.

    As stock markets roll over later this year expect altcoins to fall alongside them while bitcoin rallies.

    The decoupling is at hand.

    submitted by /u/slvbtc
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    Monday Art - Will Street

    Posted: 20 Jul 2020 12:09 AM PDT

    Wasabi Wallet's Official Response to the Twitter Hack

    Posted: 20 Jul 2020 12:34 AM PDT

    Found in apple’s shortcut icon options

    Posted: 19 Jul 2020 04:13 PM PDT

    There's a very solid and strong Bitcoin Hodler's floor

    Posted: 19 Jul 2020 04:48 PM PDT

    As much as Coinbase is ridiculed (and yes never hold money in an exchange) I can’t be the only one who’s had a smooth ride with them other than the high fees? ��‍♂️

    Posted: 19 Jul 2020 02:19 PM PDT

    Personally I've used the exchange (incl. Pro) for a few years now and having completed all the stages of confirming identity etc. I have never had a problem and feel safe using them.

    In fact it's been really simple and I'm so glad, as I likely wouldn't have invested if I'd had any annoying hiccups or security issues at the beginning.

    After reading on here, I decided to buy from the exchange and then transfer onto my Ledgers, all working very well on the app and desktop.

    If anyone else has had a positive experience, and is willing to pay the high fees (Pro is a way around this), it would be nice to hear about it amongst the negativity. Thanks

    submitted by /u/B1NTR0
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    Diversification With Altcoins Is an Illusion Because They All Depend on Bitcoin’s Success

    Posted: 19 Jul 2020 01:11 PM PDT

    Future Outcome Bitcoin (Star System U+2641)

    Posted: 19 Jul 2020 01:50 PM PDT

    Wirecard Manager Jan Marsalek using Bitcoin to transfer "significant amounts" from Dubai to Moscow.

    Posted: 19 Jul 2020 02:46 PM PDT

    Survey: 60% of Bitcoin Investors Will Die With Their BTC If Price Stays Below $10,000

    Posted: 19 Jul 2020 12:04 PM PDT

    https://twitter.com/CobraBitcoin/status/1133446513659711488

    Posted: 20 Jul 2020 03:19 AM PDT

    bitcoin.org received a 14 btc donation in mai 2019. It was meant to be used for website improvements.

    Can anybody point me to what has been done with that money?

    u/Cobra-Bitcoin is the owner and instead of making use of that money he seems to have put the website up for sale.

    submitted by /u/cryptening
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    [Bloomberg] Bitcoin Has Been Really Stable, Say Binance CEO

    Posted: 19 Jul 2020 07:02 PM PDT

    Twitterhack - new interests?

    Posted: 20 Jul 2020 03:44 AM PDT

    Do you think that the twitterhack showed some new people bitcoin? I mean did some people thought what bitcoin is so that they did some research and maybe are in bitcoin now?

    submitted by /u/Snickersbrot61
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    Cross your finger for me please

    Posted: 20 Jul 2020 03:21 AM PDT

    My hardware wallet bricked on a firmware update, i tried to put my seed back but the device freeze after a couple of words input, this happen on Saturday and fuck me why i never bought a backup device to check the integrity of my seed.

    I've ordered another one hoping to get it asap. Meanwhile i'm at home doubting myself: "did i wrote the seed correctly back then?" i've also split the seed using passguardian and burned the original paper, the seed rebuild seems worked well but it's been already a tense moment to recover everything with so many random characters, there is not much inside but is worthy for me. after 3 years of bear market this is the cherry on top.

    so please cross your finger for me.

    submitted by /u/Unabrioche
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    Bitcoin song from the early days of 2012.

    Posted: 20 Jul 2020 03:15 AM PDT

    Monday Art - illa2020

    Posted: 20 Jul 2020 12:51 AM PDT

    Monday Art - Chafistart

    Posted: 20 Jul 2020 12:09 AM PDT

    Maybe bitcoin isnt just digital gold, maybe its an entire digital gold vault.

    Posted: 19 Jul 2020 06:40 PM PDT

    Think of a massive brinks vault, full of gold, all in segregated piles. In fact every ounce of gold ever mined is in this one vault.

    Tens of millions of people have an account at this vault and by using an app they can transfer their gold from their pile to someone elses pile. Inside the vault there is a robot arm constantly moving the gold to the correct pile each time a transaction is requested.

    The vault runs itself autonomously, there are no humans, the robot just actions our transactions when we request it to. Its trustless, no humans are involved, no one can break in (not even politicians), and no one can stop the robot from actioning our transactions, it is uncensorable.

    This is not possible in the real world. In the real world theft is possible, insurance is fallable, trust is required from the vault operators, 3rd parties acting as custodian can censor you, politicians want to control it, governments can seize it, there is no politically neutral place on earth to store the gold.

    So what do we do? We digitise the vault and all the gold inside it, and move it to the one politically neutral jurisdiction on earth, the internet.

    Bitcoin is a big theft proof segregated gold vault inside the internet, and every single person on earth has the ability to open an account without anyone elses permission.

    submitted by /u/slvbtc
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    Lockdown With The Keisers

    Posted: 19 Jul 2020 11:24 AM PDT
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