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    Bitcoin Daily Discussion, August 28, 2020

    August 28, 2020

    Bitcoin Daily Discussion, August 28, 2020

    Daily Discussion, August 28, 2020

    Posted: 28 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.

    submitted by /u/rBitcoinMod
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    I do sleep occasionally

    Posted: 27 Aug 2020 01:40 PM PDT

    Has anyone here used Simplex's new Account feature?

    Posted: 27 Aug 2020 06:44 PM PDT

    In case you missed it:

    https://www.simplex.com/account/

    My friends in the EU were talking about it and said they've had good experiences using it. I'd like to know if you can echo those statements as they're not super into technology.

    To me it seems like it's a Transferwise competitor. I occasionally sell Bitcoin to pay my bills (a man has gotta eat...) and euros work for me.

    Would appreciate your thoughts!

    submitted by /u/PlayfulBenefit
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    How to become master of HODLING !!

    Posted: 28 Aug 2020 01:27 AM PDT

    The Case for $500K Bitcoin

    Posted: 27 Aug 2020 09:59 AM PDT

    Wasabi Wallet Is Revamping Its CoinJoin Design to Allow Bitcoin Mixing With Differing Values

    Posted: 28 Aug 2020 02:54 AM PDT

    US Federal Reserve to tolerate higher inflation in landmark policy shift - Brrrrrrrrrr

    Posted: 27 Aug 2020 01:56 PM PDT

    Invest $1000 in BTC and three years later...

    Posted: 27 Aug 2020 08:59 PM PDT

    Fidelity Launches Bitcoin Fund With Minimum Investment Of $100,000

    Posted: 27 Aug 2020 06:16 AM PDT

    The Fed targets 2% price inflation, but anyone paying attention to their monthly budget knows their expenses are increasing much more than 2%. Bitcoin targets a diminishing inflation schedule capped at 21 million bitcoins and anyone can verify it’s on target.

    Posted: 27 Aug 2020 07:36 AM PDT

    In bullish reasons for BTC today:

    Posted: 27 Aug 2020 09:07 PM PDT

    • JP Morgan is investing and on the board at ConsenSys, bringing JP Morgan to ethereum. So the biggest banks are now moving to blockchain in many applications. It's a complete 180 from Jamie Diamond blasting crypto a few years ago.

    • There appears to be a Cold War race right now between the US and China to develop a national crypto to help stabilize troubled economic system around the world. A currency tech race seems inevitable and probably will happen extremely fast.

    • Fidelity Investment, one of the largest asset managers in the world, has now opened a Bitcoin Fund and released a long report with a stock-to-flow analysis putting Bitcoin at $1,000,000 by 2025. This is the type of shit Mcafee would say in the past, now our biggest financial institutions are saying it.

    At this point we see the biggest financial institutions and the biggest nation's governments are getting into Defi. The general market is going to see that Bitcoin isn't going away and is a safe and reliable asset. The greatest wealth transfer in history is going to happen in the next 10 years. Make sure to pack your bags...at your own risk.

    submitted by /u/Mari0805
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    Owning Bitcoin is like owning equity in a virtual whole-life insurance policy, a bank, data storage provider, gold mining/energy company, networking company, a casino, a credit union, a money market, and a communications company all rolled into one.

    Posted: 27 Aug 2020 01:28 PM PDT

    Fully backed by the full faith and credit of its users... and the most secure back-office automated accounting system of all time.

    Rating: Buy

    submitted by /u/the420chronicler
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    Bitcoin's Chief Marketing Officer, Fed Chairman Jerome Powell has codified target inflation hikes, invariably confirming that the Central bank has zero tolerance for deflation. What becomes of the USD now?

    Posted: 28 Aug 2020 02:45 AM PDT

    FBI foils $1m Bitcoin ransomware attack against Tesla Gigafactory

    Posted: 28 Aug 2020 02:29 AM PDT

    If you think you're late to the game, here is the result of a 21k person poll, on a highly technical forum regarding ownership levels of cryptocurrency.

    Posted: 27 Aug 2020 05:25 PM PDT

    Bitcoin’s Worth Shining as Fed Says Inflation will Rise and Interest Rates Drops

    Posted: 27 Aug 2020 08:27 AM PDT

    Paying Tribute: Bitcoiners have Donated 18.3 BTC ($207,800) to Satoshi's Genesis Address

    Posted: 27 Aug 2020 06:23 AM PDT

    This is what I'm going to start telling people about Bitcoin

    Posted: 27 Aug 2020 06:57 PM PDT

    BTC Vs ETH Episode Review with Udi Wertheimer — What Bitcoin Did

    Posted: 28 Aug 2020 04:07 AM PDT

    Bitcoin ATM receipt from 3 years ago

    Posted: 27 Aug 2020 03:00 PM PDT

    I just created a crypto ticker app for mi iPad, will release if there is enough interest in the community

    Posted: 27 Aug 2020 11:48 AM PDT

    Why do so many people think Bitcoin will hit a million anytime soon? It would have to go up a whopping 1000 dollars a day to do it in 3 years at the earliest right?

    Posted: 27 Aug 2020 07:31 AM PDT

    Why do so many people think Bitcoin will hit a million anytime soon? It would have to go up a whopping 1000 dollars a day to do it in 3 years at the earliest right?

    or a 1000 a week would be 7 times that long or a thousand a month would be 30 times that long

    is this math right?

    submitted by /u/anzel2002
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    Anthony "The Mooch" Scaramucci talks Bitcoin, Blockchain & millennial adoption of digital assets in the face of Fed policy

    Posted: 28 Aug 2020 02:59 AM PDT

    Our New Crypto News Channel - What Do You Think?

    Posted: 28 Aug 2020 02:40 AM PDT

    https://www.youtube.com/watch?v=PwbaJH1KGyI&feature=youtu.be

    Hey guys, we launched a Crypto News Channel. Weekly updates, fun stories with a sexy twist.

    Share your feedback and love! :)

    submitted by /u/piixpayadmin
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    Should I invest in a bitcoin ATM in Holland?

    Posted: 27 Aug 2020 03:35 PM PDT

    I'm working on getting a ATM in my city near the border of germany in the Netherlands. Ive contacted other busnisses around town who own a bitcoin ATM in stores (Some of them got a ATM because they got asked by clients in another country). I'm likely going to buy a GB Gereral Batmthee ATM in the near future since it's a pretty nice design and cheap.

    The reason I invest is because I also wanne make money like everyone wants to do, but I mostly wanne spread awareness. I also wanne buy a second ATM if my investment works after maybe 2/3 years.

    ​

    Should I invest? What Is your experience with ATM? Do you own one and does it make alot of profit in the long-term? (Dutch comments would be great!)

    submitted by /u/Spartan7320
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