Bitcoin Daily Discussion, August 14, 2020 |
- Daily Discussion, August 14, 2020
- It's true. Elon Musk can change the supply of gold, but can't change the supply of Bitcoin.
- "The dollar is turning into toilet paper. You have to have a hard asset, and it's Gold or Bitcoin - and Elon Musk is going to destroy Gold." Winklevoss on Barstool Sports
- We are going places folks!!!!!!! This is going to blow up
- Nigerians Are Using Bitcoin to Bypass Trade Hurdles With China
- Tesla and Bitcoin: The Most Viewed Assets in America
- What is the real case for $50k+ Bitcoin? And why is it not equally possible that price discovery tops out at $20-$25k?
- MicroStrategy CEO predicted the death of Bitcoin years ago (Earlier this week, MicroStrategy became first listed company to buy $250M in Bitcoin)
- 1 mBTC (milli Bitcoin/0.001 BTC) is worth $11.73
- BitMEX Mandates KYX for All Traders as Maverick Exchange Ends Wild Ways
- If you told me 2 years ago that JP Morgan, whose CEO Jamie Dimon called Bitcoin a fraud, would be investing $20M in a crypto company-- I'd call bullshit. Yet, this is what's happening.
- Dave Portnoy - INTRO TO BITCOIN! ����
- Fed says it is developing an experimental digital currency
- Carefully consider the magic wand of the Fed before you sell on a spike
- Boys and girls these coming months will be amazing
- Big ad for bitcoin in the FT today from Galaxy Digital
- Is BIP39 less secure than a completely random private key (created with some dice for instance)?
- $1 million bitcoin price level is going to be a huge resistance...
- Adam Back: Why The Originator Of Bitcoin Would Better Stay Anonymous?
- Coinbase CEO Brian Armstrong: People Are Losing Faith in the US Dollar; BTC Is the Answer (2-minute audio clip from his appearance on the 'Invest Like the Best' podcast)
- Barstool Sports' Dave Portnoy says he’s got $1 million in Bitcoin - Decrypt
- Great video for explaining how bitcoin works to your grandparents
- Bitcoin wallet Wasabi says its safe against massive Tor exploit
- Most up to date guide on raspberry pi LN Node?
- 358 stocks (or $48,979) are required to own 1 out of the 21,454BTCs MicroStrategy have in reserves plus their core business
| Daily Discussion, August 14, 2020 Posted: 14 Aug 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. [link] [comments]  | ||
| It's true. Elon Musk can change the supply of gold, but can't change the supply of Bitcoin. Posted: 13 Aug 2020 08:20 PM PDT
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| Posted: 13 Aug 2020 08:22 PM PDT
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| We are going places folks!!!!!!! This is going to blow up Posted: 13 Aug 2020 04:50 PM PDT
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| Nigerians Are Using Bitcoin to Bypass Trade Hurdles With China Posted: 13 Aug 2020 12:11 PM PDT
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| Tesla and Bitcoin: The Most Viewed Assets in America Posted: 13 Aug 2020 07:16 PM PDT
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| Posted: 14 Aug 2020 02:11 AM PDT Once BTC hits a certain value, it's a mental barrier to new entry or for HODLers to buy more. BTC can't just split 5-1 like Tesla to fool people into thinking it's cheaper. I'm looking forward to reading some well-thought out comments outside the "scarcity bro!" argument. Happy HODLing y'all! [link] [comments]  | ||
| Posted: 13 Aug 2020 08:35 AM PDT
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| 1 mBTC (milli Bitcoin/0.001 BTC) is worth $11.73 Posted: 13 Aug 2020 08:53 PM PDT | ||
| BitMEX Mandates KYX for All Traders as Maverick Exchange Ends Wild Ways Posted: 13 Aug 2020 06:12 PM PDT
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| Posted: 13 Aug 2020 09:21 AM PDT
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| Dave Portnoy - INTRO TO BITCOIN! ���� Posted: 13 Aug 2020 10:54 AM PDT
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| Fed says it is developing an experimental digital currency Posted: 13 Aug 2020 06:39 PM PDT
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| Carefully consider the magic wand of the Fed before you sell on a spike Posted: 13 Aug 2020 05:53 PM PDT Let's say we get a spike, great. In fact, let's say it jumps back to 20K, make it 30K. And you sell. Literally the next day the Fed can DEVALUE the dollar by 50% with a mouse click. And I can assure you they will. That 20K is now 10K and your bitcoin is GONE. Moreover, you're on the IRS hook for the profit taken before the devaluation. You're double screwed. My advice is ride out the coming spikes, devaluations and hyperinflation - don't get cute because you're not psychic and the Fed has their own agenda. Buena suerte. [link] [comments]  | ||
| Boys and girls these coming months will be amazing Posted: 14 Aug 2020 03:39 AM PDT
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| Big ad for bitcoin in the FT today from Galaxy Digital Posted: 13 Aug 2020 05:25 AM PDT
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| Is BIP39 less secure than a completely random private key (created with some dice for instance)? Posted: 14 Aug 2020 03:12 AM PDT I've just watched a video about the cobo tablet (cold wallet solution) and noticed that they ship the letter Q only 2 times and X 3 times, while A and similar letters around 10 times. That made me think: Can a seedphrase consisting of words that translate to numbers really be more secure that something completely random? The reason I ask is exactly what cobo is basically doing: In english words, not every letter is equally spread. There are way more vocals/vowels (dunno the appropriate word) than other letters, and so on. Is there any math on this topic, or am I wrong here? Because I don't want a ledger nano or anything alike, if that would be more vulnerable and I would have no other way to create a private key. Any help is appreciated! :) [link] [comments]  | ||
| $1 million bitcoin price level is going to be a huge resistance... Posted: 13 Aug 2020 12:53 PM PDT Considering the fact that so many people are hoping that it gets to 1 million, it's going to face a massive sell off at this point only because of the shitty memes that people keep seeing. [link] [comments]  | ||
| Adam Back: Why The Originator Of Bitcoin Would Better Stay Anonymous? Posted: 13 Aug 2020 11:05 PM PDT
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| Posted: 13 Aug 2020 03:05 PM PDT
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| Barstool Sports' Dave Portnoy says he’s got $1 million in Bitcoin - Decrypt Posted: 13 Aug 2020 01:29 PM PDT
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| Great video for explaining how bitcoin works to your grandparents Posted: 13 Aug 2020 09:41 PM PDT Often it may be difficult to explain how bitcoin works to the average layperson. There have been many attempts at simplifications, some great, some less so. The video at the bottom of this page is the best I have seen so far... in terms of simplicity, speed (2:22), and accessibility to folks that e.g don't know reddit exists, let alone bitcoin. It's not perfectly accurate sure, but that's not the goal. https://www.bbc.com/news/world-us-canada-53774077 (Apologies I am not sure how to link directly to a BBC video - you need to scroll down to the video at the bottom) [link] [comments]  | ||
| Bitcoin wallet Wasabi says its safe against massive Tor exploit Posted: 13 Aug 2020 12:40 PM PDT
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| Most up to date guide on raspberry pi LN Node? Posted: 13 Aug 2020 04:55 PM PDT As the title says, I have a new pi 4 and am looking at setting it up as my own LN node to experiment with. What is the most up to date source I can use to do this? [link] [comments]  | ||
| Posted: 13 Aug 2020 10:19 PM PDT |
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