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    Bitcoin Daily Discussion, July 30, 2020

    July 30, 2020

    Bitcoin Daily Discussion, July 30, 2020

    Daily Discussion, July 30, 2020

    Posted: 30 Jul 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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    Bitcoin Bears Waiting for $2000

    Posted: 29 Jul 2020 09:47 PM PDT

    I don't think he knows about second pump...

    Posted: 29 Jul 2020 03:53 PM PDT

    BTC Digger

    Posted: 29 Jul 2020 06:03 AM PDT

    Bitcoin 11K

    Posted: 30 Jul 2020 01:04 AM PDT

    My buddy bought in at $9,500 three or four months ago. He got angry after some decline and sold right here.

    Posted: 29 Jul 2020 12:46 PM PDT

    Bitcoin not even up to market value of facebook, we're still in the early stages

    Posted: 29 Jul 2020 03:12 PM PDT

    Finally running my own node ��

    Posted: 29 Jul 2020 12:23 PM PDT

    Eleven Eleven Ele.ven

    Posted: 29 Jul 2020 06:58 AM PDT

    Who here is spending their second stimulus check on Bitcoin/crypto?

    Posted: 29 Jul 2020 04:01 PM PDT

    Would be neat to see how many people actually spent their stimulus checks on Bitcoin. I spent my entire $1200 on Bitcoin when my first check came in the mail.

    submitted by /u/BitDepot
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    Introducing Minsc, a new Miniscript-based scripting language for Bitcoin contracts

    Posted: 30 Jul 2020 02:14 AM PDT

    Saw this on Wish and now this is what I’m going to assume all you hodlers look like heh. #chadgang

    Posted: 29 Jul 2020 08:42 PM PDT

    Compacting a 290GB Bitcoin Blockchain size into Kilobytes! What Utreexo can Achieve

    Posted: 29 Jul 2020 10:45 PM PDT

    HODL on Eleven K

    Posted: 29 Jul 2020 03:23 PM PDT

    Mainstream Tech YouTubers Talking About BTC is good news!

    Posted: 29 Jul 2020 08:48 AM PDT

    Fidelity Bitcoin Investment Thesis: Bitcoin as an aspirational store of value system

    Posted: 30 Jul 2020 04:19 AM PDT

    Thailand issues licenses for 13 digital currency service providers including Huobi

    Posted: 29 Jul 2020 09:44 PM PDT

    Thailand issues licenses for 13 digital currency service providers including Huobi

    Thailand has been proactively promoting digital asset businesses regulation and has issued licenses to 13 entities, including cryptocurrency exchanges, broker and dealers.

    Thailand's digital asset business is regulated by the Royal Decree on the Digital Asset Businesses BE 2561, which classifies digital asset businesses into three categories: "digital asset exchange," "digital asset broker," and "digital asset dealer." The decree also defines different types of digital assets; Cryptocurrencies are a medium of exchange for the purpose of acquiring goods, services or other rights;while 'Token' is an agreement between the issuer and the holder to participate in a project or business investment, or the right to acquire specific goods, services or other rights.

    https://preview.redd.it/a9rinuehcxd51.png?width=809&format=png&auto=webp&s=0708b84fd5f1cce3af06b988da315ad3fee436d6

    So far, the SEC of Thailand has approved six digital asset exchanges, including Huobi Thailand Station. These exchanges have been approved to trade cryptocurrencies and tokens.

    Under Thailand's Anti-Money Laundering Act, digital currency exchanges, brokers and dealers, as well as ICO fundraisers, are considered financial institutions. Thailand's SEC stressed that "awareness of the intention to operate a digital currency business should be approved by the Minister of Finance under the recommendation of the SEC."

    submitted by /u/CjOnChain
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    Winklevoss Twin: Next Bitcoin Bull Run Will Be ‘Dramatically Different’.

    Posted: 29 Jul 2020 03:13 PM PDT

    Umbrel Lightning Node connecting to Raspiblitz LND!

    Posted: 29 Jul 2020 07:13 PM PDT

    Bitcoin could get its seccond highest monthly close ever! ��

    Posted: 29 Jul 2020 11:53 PM PDT

    Ledger email leak is a phishing scammer dream come true.

    Posted: 29 Jul 2020 11:41 AM PDT

    Suddenly phishing is now spear-phishing. targeted at known owner emails

    be extra careful folks....especially risk of fake Ledger support emails with links to sites asking for recovery seed phrases or dropper malware keyloggers

    remember never put your seed phrase into ANY website or reply to a "support" email with sensitive data or click on random embedded links.

    stay secure

    submitted by /u/21carlito
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    Out of curiosity, sorted my 10 years old comments by “Controversial” and found this gem. Remember when we all got downvoted?

    Posted: 29 Jul 2020 04:26 PM PDT

    How A Message Was Sent To The Twitter Hacker via 'Impossible' Bitcoin Addresses

    Posted: 29 Jul 2020 08:39 PM PDT

    LEDGERLEAKS - most people are looking at this the wrong way.

    Posted: 29 Jul 2020 07:42 AM PDT

    I think most people are looking at this the wrong way.

    It is not the hack that is the main problem (it is but kinda isn't) but the fact that the company with key products being SECURITY and PRIVACY got greedy and abandoned both of those pillars entirely.

    - There should never been a database of any sort (encrypted or not)

    - Even now they are selling user data by injecting ADDS into the software!!!

    We paid for the product and service how can adds or storing of user data for MARKETING purposes be tolerated?

    Next step will be sending "anonymous" data back to their servers on transaction to hand over to marketers - who knows, maybe we will find our in few month that that is exactly what is going on.

    submitted by /u/l000pz
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    $5.7 billion worth cryptocurrency pyramid scheme PlusToken cracked down by PRC authority

    Posted: 30 Jul 2020 04:33 AM PDT

    $5.7 billion worth cryptocurrency pyramid scheme PlusToken cracked down by PRC authority

    ​

    https://preview.redd.it/vbpz2f0edzd51.jpg?width=750&format=pjpg&auto=webp&s=0570fc13c9a6247687a74139255071c24b307e05

    On 30th July, Ministry of Public Security of the PRC announced that the 'Plus Token' network marketing case has been cracked down, all 27 principle suspects and 82 core members have been arrested and the transnational network pyramid sales organization has been dismantled.

    This case was the first network pyramid scheme involved with bitcoin and other cryptocurrencies to be cracked by Chinese public security authorities. It involved more than two million participants, as many as 3,000 layers of organizational structure, and the total value of the digital currency involved was approximately $5.7 billion.

    submitted by /u/CjOnChain
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