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    Bitcoin Daily Discussion, September 28, 2020

    September 28, 2020

    Bitcoin Daily Discussion, September 28, 2020

    Daily Discussion, September 28, 2020

    Posted: 28 Sep 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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    Instead of worrying about BTC's price. Research the technology, be updated about the economy, and enhance your online security

    Posted: 27 Sep 2020 09:17 PM PDT

    That's what I'm doing, at least.

    Just develop the hobby of googling a plain "bitcoin" to be updated about its current news. I enjoy reading the bullshit section of economy in WSJ. I basically believe the opposite of anything they're saying. Like a recent article claiming full recovery at the the end of 2020. What kind of a vaccine that is so powerful to end a worldwide crisis in 3 months.

    Anyways, for online security I suggest:

    - Yubikey with Binance and Google accounts. (Both support U2F, physical touch to log in, users have never been phished)

    - Trezor one for Bitcoin storage

    - ColdTi for Titanium-engraved recovery phrase storage

    All three cost $99. It's the optimal security to date. Protect you from both digital theft and environmental crises.

    Note: Be careful what chrome extensions you install. Some replace your clipboard and people have reported sending funds to the wrong address.

    submitted by /u/Leader92
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    Bitcoin Sets Record 63 Straight Days Closing Above $10,000 - CoinDesk

    Posted: 28 Sep 2020 12:14 AM PDT

    How many people here think 100k is happening at any point?

    Posted: 27 Sep 2020 06:24 AM PDT

    1971: The Year That Changed Everything (Bitcoin fixes this)

    Posted: 28 Sep 2020 01:44 AM PDT

    Bought something using BTC for the first time!

    Posted: 27 Sep 2020 09:01 AM PDT

    I know it's not a Lambo but I'm very proud to have bought a 2 year VPN subscription using BTC ♥️ I saved a whole lot of money paying it with crypto than fiat (upon comparison with my average BTC buying price). Looking forward to more transactions using BTC in the future ☺️

    submitted by /u/_-september-_
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    Question for the People Who Think BTC is Going 10x or More

    Posted: 27 Sep 2020 01:29 PM PDT

    I understand Im on a BTC forum so the enthusiasm is high, and the recent thread about people who think BTC is all but destined for $100k+, and sooner rather than later (many people saying 2021, few people saying 2030)...

    Are you throwing every last available dollar into BTC because if those are you sincere beliefs it pretty much seems foolish not to.

    Im bullish on it, dont have a particular date or price in mind but I do think its going up, but 10x in a year, or ever 10 years, would be the best investment game in town by orders of magnitude.

    submitted by /u/lonnie123
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    The 21 year BTC experiment

    Posted: 28 Sep 2020 02:56 AM PDT

    Do you think it's worth holding 1 BTC for 21 years for my newborn as a life investment rather than putting money in a bank savings account?

    submitted by /u/NRomas
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    TAILS OS: Become Invisible On The Web With This Ultimate Privacy OS

    Posted: 27 Sep 2020 09:08 PM PDT

    Only 2.5 million Bitcoin left to mine

    Posted: 28 Sep 2020 12:13 AM PDT

    Help us build an awesome Lightning Network product (and I'll send you 250sats)!

    Posted: 27 Sep 2020 09:17 PM PDT

    Thank you for your time to read this (and I apologize about the re-post)!

    We are a Taiwanese team wishing to build a lightning-network based product and hence, contribute to the Bitcoin ecosystem.

    Any responses to our questionnaire will be greatly appreciated. It should take only a few minutes.

    As a token of appreciation, the questionnaire has a section to submit a 1000sat lightning invoice.

    Click here for the questionnaire

    Thank you in advance!

    P.S. It has come to our attention that we are getting sybil attacked with multi-submissions of 1000+ sat invoices. We have removed the invoice submission section unfortunately. Feel free to send a DM or leave a comment below!

    submitted by /u/evanlinjin
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    Bitcoin Will Morph From Rocket Ship to Cruiseliner, Says Macro Investment Guru Raoul Pal

    Posted: 27 Sep 2020 09:32 PM PDT

    Bitcoin Rapid-Fire: BITCOIN HANG w/ Robert Breedlove, Erik Cason, and American Hodl

    Posted: 27 Sep 2020 08:44 PM PDT

    What is the greatest threat to bitcoin’s success beyond 2020?

    Posted: 27 Sep 2020 07:11 PM PDT

    As of today (September 2020), what do you think is the greatest threat to bitcoin's success in getting to 6-digit price?

    • Other cryptos
    • Government's banning/regulations
    • Governments decide to become fiscally responsible
    • Mining becomes unprofitable
    • Network becomes too congested when price rise and transaction fees get too prohibitively expensive
    • Failure of micropayments (LN turns out to be not usable/scalable)
    • Tether getting audited and bring down all cryptos
    • solvency issues and liquidity crisis
    • something else not mentioned?

    Thoughts?

    submitted by /u/stackingsatseveryday
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    Ledger Nano S - Invalid Recovery Phrase

    Posted: 28 Sep 2020 02:53 AM PDT

    I don't like the idea to trust the random numbers generated by hardware wallets (not your keys, not your bitcoins), so I used dice to generate a truly random mnemonic seed to use with Ledger Nano S.

    When I tried to enter this mnemonic, Nano displays an "invalid recovery phrase" error.

    How is that possible? Does the seed have to match with some combination or what's going on? I thought BIP39 does not enforce any pattern at all. What causes the problem?

    submitted by /u/5TR4TR3X
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    The Bitcoin Standard Podcast Seminar 5 with Michael Saylor

    Posted: 27 Sep 2020 01:24 PM PDT

    Unique bitcoin wallet data suggests a bitcoin-S&P500 decoupling is coming, according to on-chain analyst Willy Woo.

    Posted: 27 Sep 2020 11:05 PM PDT

    Bitcoin usability extended day by day.

    Posted: 27 Sep 2020 10:36 PM PDT

    To be able to make your site discoverable by a potential user, you definitely have to host it. Though there are a few free hosting sites, you will definitely need to purchase some space in a remote server. That is because the paid hosting is more reliable than the free sites. Several payment options exist for your own exploration and trial. Howover, here you can fine how to buy hosting with Bitcoin. Read More

    submitted by /u/rajibh1
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    LiquiDEX reduces atomic Liquid asset swaps to 2 rounds, and makes it non-interactive!

    Posted: 28 Sep 2020 02:22 AM PDT

    Bitcoin holds the 20 week MA for 4 weeks!

    Posted: 27 Sep 2020 11:37 PM PDT

    10k to 100k vs 100k to 1M?

    Posted: 28 Sep 2020 01:41 AM PDT

    What will be more difficult? And why do you think that?

    submitted by /u/DaenyxBerlarys
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    How did the genesis block hash came into existence?

    Posted: 28 Sep 2020 01:13 AM PDT

    Bitcoin Builds a Better World by Protecting 5 Basic Human Rights

    Posted: 27 Sep 2020 03:26 PM PDT

    What can I do with a smartphone that has a broken internet module?

    Posted: 28 Sep 2020 03:56 AM PDT

    What can I do with a smartphone that has a broken internet module? Still works perfect but cant get a Sim working. Works on wifi though

    can i leverage it to use with bitcoin? already running a full node raspiblitz
    and got hardware wallets

    submitted by /u/rasta_kalbasa
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    WALLET HELP (PLEASE PROVIDE INFO)

    Posted: 28 Sep 2020 03:40 AM PDT

    If you make a wallet on electrum on your actual windows PC that you use everyday with no VPN usually and then let's say use that for illegal purchases can that be traced back to your PC? if so it would be a better idea to make the wallet on a VM that has a VPN on every time you use it right? (please answer that first and then the next question) Could you afterwards take the bitcoin you made (illegally) and send it to a mobile wallet to then cash out at a BTC ATM and be fine?

    submitted by /u/DeyjjaVu
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