Bitcoin Daily Discussion, August 12, 2020 |
- Daily Discussion, August 12, 2020
- Bitcoin would need to hit $93,500 to become the #1 asset in the world
- Coldcard support for coins other than #btc is unparalleled.
- Bitcoin Is a Fairer System That Will Boost Social Mobility for the Poor All Around the World
- MicroStrategy becomes first listed company to buy $250M in bitcoin as part of its capital allocation strategy
- "The Bitcoin Standard" or "The Internet of money"? I have no technical background
- Hardware Wallets come and go, but the seeds are eternal
- Banksters Paradise (A Bitcoin Song) [Don’t know if this has been posted before]
- Gold down 5% / Silver down 14% / Bitcoin down 3% - Bitcoin holding up better than gold and silver
- Grayscale bitcoin etf bought another 3,729 Bitcoins sometime in the past 2 days
- MicroStrategy Incorporated Just Bought 21,454 Bitcoins: Here's Why!
- A mysterious group has hijacked Tor exit nodes to perform SSL stripping attacks [against Bitcoin users]
- Is there a way to create a 12 or 24 word seed and have a QR code without internet connection, because ledger nano needs to connect to internet for display the Qr code, and the Ian coleman tool does not give a QR code when of the creation of 12 or 24 words
- Passerby wondering about hardware wallets.
- Field Report: How segwit and batching could have saved half a billion dollars in fees
- Philosophical Question regarding Recovery Phrase
- MicroStrategy (largest independent publicly-traded business intelligence company) adopts Bitcoin as primary treasury reserve asset
- Problem while getting an invoice payed from BlueWallet to my LN node
- The Best Way to Use Bitcoin Right Now Is as a Store of Value, Not to Pay for Coffee Daily
- Understanding how FIAT works is a good way to explain the need for bitcoin
- Best bitcoin podcasts?
- Buy bitcoin with PayPal ?
- Bitcoin featured in Rich Brian's latest music video
- The Current Stock Market vs The Dotcom Bubble
- Are coins block by changelly effectually lost/stolen/gone for tax-write off purposes
- Economic Update: The FEDs Rigged Money Management
| Daily Discussion, August 12, 2020 Posted: 12 Aug 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. [link] [comments]  | ||
| Bitcoin would need to hit $93,500 to become the #1 asset in the world Posted: 11 Aug 2020 04:57 PM PDT Bitcoin is currently ranked #27 in this leaderboard that tracks all types of US-traded assets by market cap. $93,500 by June of 2022? [link] [comments]  | ||
| Coldcard support for coins other than #btc is unparalleled. Posted: 12 Aug 2020 05:26 AM PDT
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| Bitcoin Is a Fairer System That Will Boost Social Mobility for the Poor All Around the World Posted: 12 Aug 2020 12:30 AM PDT
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| Posted: 11 Aug 2020 04:42 AM PDT
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| "The Bitcoin Standard" or "The Internet of money"? I have no technical background Posted: 12 Aug 2020 06:14 AM PDT I want to read one of those but if it's too technical I would not enjoy it, which one my friends? [link] [comments]  | ||
| Hardware Wallets come and go, but the seeds are eternal Posted: 11 Aug 2020 07:00 PM PDT
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| Banksters Paradise (A Bitcoin Song) [Don’t know if this has been posted before] Posted: 12 Aug 2020 07:31 AM PDT
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| Gold down 5% / Silver down 14% / Bitcoin down 3% - Bitcoin holding up better than gold and silver Posted: 11 Aug 2020 12:03 PM PDT Bitcoin is the new safe haven asset. Gold supply increases as price goes up, unlike bitcoin. https://i.redd.it/bmgoz0319nd51.png Silver is even worse, supply increases even faster, thats why it doesnt hold its gains as well as gold. Eventually gold will be found in aestroids and the supply will become uncapped with space travel. Bitcoin is safer than gold and the supply will stay capped. [link] [comments]  | ||
| Grayscale bitcoin etf bought another 3,729 Bitcoins sometime in the past 2 days Posted: 11 Aug 2020 01:06 PM PDT Remember the thread i made 2 days ago saying Grayscale bought 5,973, well they just bought another 3,729 bitcoins on top of that!
= 3,729.61Bitcoins bought by grayscale in the past 2 days. OR = 9,702 Bitcoins bought by grayscale in the past 5 days! [link] [comments]  | ||
| MicroStrategy Incorporated Just Bought 21,454 Bitcoins: Here's Why! Posted: 11 Aug 2020 02:26 PM PDT
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| Posted: 11 Aug 2020 05:19 AM PDT
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| Posted: 12 Aug 2020 03:58 AM PDT | ||
| Passerby wondering about hardware wallets. Posted: 11 Aug 2020 07:12 PM PDT Just a passerby interested in bitcoin. What do hardware wallets do exactaly and what are the best ones? [link] [comments]  | ||
| Field Report: How segwit and batching could have saved half a billion dollars in fees Posted: 12 Aug 2020 07:25 AM PDT
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| Philosophical Question regarding Recovery Phrase Posted: 12 Aug 2020 03:32 AM PDT Hi guys, After the Ledger breach from a few weeks ago I decided to switch my Ledger Blue to a Trezor Model T and transferred all my BTC to my new Trezor. Even though I know that my BTC was safe on my Ledger, I kind of felt anxious about the breach (If they can't even handle this, what else could be potentially breached?). With my new Trezor I decided to get a Cryptosteel to backup my recovery seed. When initiating the Trezor and writing down my Recovery Phrase, I noticed that some of the words were the same as my Ledger's phrase. E.g. Simple words like "ice" or "feed" (not in my phrase, don't worry). If I lose my Trezor or Ledger, I could simply purchase a new one, enter my backup phrase and I'm back in business, which is awesome. Now here's my question, which I've been asking myself for years now: If the words are so easy, Isn't there a teeny tiny chance that if I enter 12 commonly used words for recovery seeds, I could access someone else's wallet? And isn't it possible to do it via brute-force? Isn't this a security flaw? [link] [comments]  | ||
| Posted: 11 Aug 2020 04:37 AM PDT
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| Problem while getting an invoice payed from BlueWallet to my LN node Posted: 12 Aug 2020 02:57 AM PDT
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| The Best Way to Use Bitcoin Right Now Is as a Store of Value, Not to Pay for Coffee Daily Posted: 11 Aug 2020 10:22 AM PDT
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| Understanding how FIAT works is a good way to explain the need for bitcoin Posted: 11 Aug 2020 06:30 PM PDT
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| Posted: 11 Aug 2020 04:00 PM PDT Does anyone have any suggestions for some informative, interesting, and up to date bitcoin podcasts to listen to? Thanks! [link] [comments]  | ||
| Posted: 11 Aug 2020 09:29 PM PDT Hello guys , I am in a country with no access to Credit card. I want to purchase bitcoin worth of dollar 100. Somehow managed to make a PayPal account . Do anyone of you have idea why can I purchase it with PayPal with less hassle ? Would truly appreciate your suggestions. [link] [comments]  | ||
| Bitcoin featured in Rich Brian's latest music video Posted: 11 Aug 2020 08:26 AM PDT
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| The Current Stock Market vs The Dotcom Bubble Posted: 12 Aug 2020 07:49 AM PDT | ||
| Are coins block by changelly effectually lost/stolen/gone for tax-write off purposes Posted: 12 Aug 2020 07:46 AM PDT 2 weeks ago changelly stole 3 E t h which i wanted to convert for b t c. They demand ID and I do not wish to give it to them. I sent emails telling them they cannot legally take the coins unless proven by court that they do not belong to me. Those coins are my property. i have also demanded to settle by arbitration before the 30 dy deadline but no answer. One of their staff on reddit even said that if you refuse KYC they will refund you . Obviousy they do not. So are my coins gone ? I can just write this $1100 off then [link] [comments]  | ||
| Economic Update: The FEDs Rigged Money Management Posted: 11 Aug 2020 07:06 PM PDT
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![Banksters Paradise (A Bitcoin Song) [Don't know if this has been posted before]](https://b.thumbs.redditmedia.com/vpqMBE3DTvOV97jqFf82wAVe0KsHFYw7TVY6eo1wFJk.jpg "Banksters Paradise (A Bitcoin Song) [Don't know if this has been posted before]")
![A mysterious group has hijacked Tor exit nodes to perform SSL stripping attacks [against Bitcoin users]](https://b.thumbs.redditmedia.com/HBAuZK0ZfM5Y0l-eid5MQqjPp9j2LGedP240PGwKClI.jpg "A mysterious group has hijacked Tor exit nodes to perform SSL stripping attacks [against Bitcoin users]")
![[link]](https://i.redd.it/kut493my5eg51.jpg){kind=link}
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