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    Bitcoin Daily Discussion, October 29, 2020

    October 29, 2020

    Bitcoin Daily Discussion, October 29, 2020

    Daily Discussion, October 29, 2020

    Posted: 29 Oct 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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    Celebs wishing Bitcoin a Happy Birthday. Charlie Sheen, David Hasselhoff, RZA and more

    Posted: 28 Oct 2020 12:20 PM PDT

    Just made a desk light ��

    Posted: 28 Oct 2020 08:50 PM PDT

    Something regarding the older generation and bitcoin I realized today.

    Posted: 28 Oct 2020 01:50 PM PDT

    During a family sit down a few weeks ago I looked on my phone for the charts, my grandfather, sitting next to me said "you are a slave to bitcoin". (I think he meant my phone but we talked bitcoin right before) uncomfortable silence for a few moments. After several seconds I responded: "bitcoin will and has set me free from the slavery you endorsed your whole life". (Hour long discussion about the monetary system afterwards).

    Apparently he was still under the impression bitcoin was a project that might fail any second which was highly volatile, speculative and even criminal.

    My grandfather is pretty up to date with technology and appreciates learning from each conversation he has especially with the younger generations. He eventually agreed this was a revolutionary technology and embraced my enthusiasm. He also noted how our current governance is defect and this might solve it.

    What really touched me he said he was excited for the future we are heading to which was very promising considering everything that's happening and bitcoin is a positive thing to focus on. But he and his generation aren't a part of it. He will be dead or uninterested by the time it brings true change to our daily lives.

    It made me realize more than ever older people like warren buffet or old politicians have no ambition to see bitcoin or blockchain succeed in their terms of spotlight because it sounds like future technology they won't be a part of.

    I gave him around 0.05 BTC and said; welcome to the future, you're a part of it now.

    He sends me weekly messages now 😄

    If you can't beat them, give them bitcoin.

    Can someone give all the haters and boomers some bitcoin?

    Edit: edited minor things just to clarify.

    I'm sorry if I offended anyone that interpreted my post as suggesting older people are clueless, ignorant or whatever. That wasn't the point and I apologize if you are offended, I truly am. From my viewpoint "older" people (75+) around me or on the media aren't particularly positive about cryptocurrencies and blockchain. Which makes perfect sense.

    My point is, instead of trying to convince them or whatnot, engage them with kindness or a small gift after your explanation. They will appreciate it.

    submitted by /u/ElliotMeijer
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    For Christmas I decided to offer 0.01 bitcoin to my relatives in order to make them aware about bitcoin and start questioning themselves about it. I invite you to do the same and involve them in this new financial revolution.

    Posted: 28 Oct 2020 11:57 PM PDT

    For Christmas, I decided to offer 0.01 bitcoin to my relatives and motivate them to learn more about them. I invite you to do the same with the amount you can afford to give. The most important is the intention of involving them.

    My plan is to ask them to download a bitcoin wallet during the family dinner we'll have on the 24th, even the kids, actually they are my biggest target, because they are the future.

    Then I will give everyone 0.01 bitcoin and also tell them to write their paraphrase on a piece of paper and preciously keep it.

    The app will show them the value so they might get surprised but it's fine.

    I know the kids won't be able to cash out as they are between 9 and 15 years old, but the rest might ask me how so I'll tell them of course but I prefer if they hodl for a while. At least they will set up a Kraken account and be ready for later.

    Which app would you recommend to download? I would go with trustwallet but if there's better I don't mind. I will tell them about hardwallet but I want to make this moment fun and not a crazy amount of infos.

    I'm sure they will research on their own after that to understand how it works. Maybe ask me questions but I'm ready to answer anything. Tell me what you think!

    submitted by /u/Crypthomie
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    They'll never find an asteroid with 1000000000000 bitcoin on it

    Posted: 28 Oct 2020 02:30 PM PDT

    We are so lucky to buy bitcoin at current prices, no matter $10k, $13k and so on.

    Posted: 28 Oct 2020 07:06 PM PDT

    In the future, we are only able to acquire some sats through goods and services, or at a much much higher fiat prices that less can afford. Few understands this.

    submitted by /u/LaziSnail
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    Someone managed to access all my gmails and Hotmails and gained access to my online wallets and took $1000 in crypto from me

    Posted: 28 Oct 2020 11:27 PM PDT

    I woke up and tried to login on my online blockchain wallet and the password was wrong. I check my gmails trash bin and the email where the guy verified the login was deleted the previous night. Location was a VPN in Europe. I have 4 wallets and he managed to do the same to all of them all at the same time. He changed the emails linked to them and the passwords. I was on my computer at the time he was doing it and I saw nothing I have no idea how he managed to do this. Anyone know what I can do next time to prevent this? It's kinda scary knowing someone had access to all my emails and such

    submitted by /u/ThrowRA838383
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    Iran Changes Law to Use Bitcoin For Imports

    Posted: 29 Oct 2020 03:22 AM PDT

    How I lost all my BTC savings being greedy with futures trading.

    Posted: 28 Oct 2020 01:15 PM PDT

    I hope this post will be a big lesson for those who are in the same situation as i was, as well as I am seeking for any advice that could help me through this tough times.

    So back in 2014 I first learned about Bitcoin and I loved the idea of cryptocurrency so much, that in 3-4 years from learning about it when I became 18, I started investing and trading.

    As time went by I was investing small amounts, trading, and apparently slowly losing my money, but at that time it was ok because that were small amounts which I could afford to lose. In 2019 i moved from a poor country in Europe, for a better life to London. I was working in London and by the end of 2019 I got almost 3k£ in Btc, that were my savings.

    But then the worse started to happen, I loved trading, have read many books, got through tutorials, and was slowly trading my way up, and then I discovered the futures with up too 100x.

    At first I used low leverages, up to 10, then being greedy and not taking profits I always ended with losses, it started by losing small amounts, I was thinking let me put some more money in so I could trade what I lost back, I was getting emotional losing more and more, increasing leverages up to 75 rarely even 100. I was very upset with myself, at one moment when I already lost 500 I said no stop, but one-two weeks passed and I again was depositing to trade, and this snowball was getting bigger as I was losing even more hoping I will get everything back and hodl.

    And right know I got a big life lesson, don't trade unless you can afford to lose that money, and never let your emotions in trading, I lost all my savings totalling about 5000£, I go almost a 1000£ debt. Because I even used a credit card to load it up. I hate myself, because I could just hodl. And know not having a proper job due to COVID, I have to survive somehow. This is how you learn a lesson the hard way, don't repeat my mistakes, just hodl and you will be fine.

    Knowing that this community is huge, I would like to ask for some advice or tips, how should I deal with this in the future, how to forget this loss and move on(these 5000 were huge money for me). I m right now totally devastated, depressed and in kind of a dead end.

    I am teaching myself programming, and already pretty good at some languages, my little dream is to become a developer, or to open a successful business, but being In thus situation, it's hard to find a job in it sphere, without having a degree or experience, so I would appreciate any help and advice to go the right path. There are definitely people here that make good money and have been through tough situations, I want to know what's your mindset and what was your journey.

    And the fact that Bitcoin is in the start of a potentional huge bull run just kills me missing the opportunity. I encouraged everybody from my surrounding to crypto.

    And to cope with the loses even didn't help any tournaments, puzzles, airdrops and etc. The worst feeling to miss a one in a life opportunity by being such dumb and emotional.

    Thank you for reading to the end! HODL and be smart.

    submitted by /u/FaBLee1
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    Bullish Michael Saylor Discloses 17,732 BTC ($175 Million) in Personal Bitcoin Holdings

    Posted: 28 Oct 2020 05:27 AM PDT

    Crypto Exchange FTX Launches Regulated Tokenized Equities - Bitcoin Pairs for Top Stocks Like Apple and Tesla

    Posted: 29 Oct 2020 03:28 AM PDT

    Reason TV excellent Bitcoin 4 part Bitcoin documentary

    Posted: 28 Oct 2020 11:06 PM PDT

    Ultra displays Bitcoin ads @ Sporting CP vs Gil Vicente

    Posted: 28 Oct 2020 03:45 PM PDT

    Bitcoin Mining: Beginner's Guide

    Posted: 28 Oct 2020 01:08 PM PDT

    Yale's Stephen Roach: A 35% decline in the broad dollar index coming due to (1) a plunge in domestic U.S. saving, (2) America's global leadership position tarnished beyond recognition, and (3) the dollar no longer being the only the game in town.

    Posted: 28 Oct 2020 04:11 PM PDT

    Bitcoin-Friendly Avanti Receives License to be The Second Crypto Bank in The US

    Posted: 28 Oct 2020 04:08 PM PDT

    Coinbase launches its cryptocurrency Visa debit card in the US!!

    Posted: 28 Oct 2020 02:08 PM PDT

    Help request lightning payments for Protonmail

    Posted: 28 Oct 2020 12:00 PM PDT

    Privacy-focused email provider Protonmail accepts onchain bitcon payments to pay for their email, calendar, VPN and now storage/drive services. They don't accept Lightning network payments yet but there is an on-going feature request:

    https://protonmail.uservoice.com/forums/284483-feedback/suggestions/33659026-accept-bitcoin-on-the-lightning-network

    It has only 490 votes, so if you have a Protonmail account and would like lightning payments to be accepted, use your voting credits to bump up this request to the top.

    submitted by /u/ActionsMatter
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    Too late to buy Bitcoin?

    Posted: 29 Oct 2020 03:42 AM PDT

    Hi Guys,

    Im relatively new to Bitcoin and Crypto in general, so i missed the big march dip and didn´t invest. Ouch. Question: Is it too late now? Will we see another big dip because of the second round of Corona lockdowns?

    submitted by /u/diondaking
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    Use Lightning.

    Posted: 28 Oct 2020 12:59 PM PDT

    If you're planning on using bitcoin more than once a week, just send some sats that you plan on using over to a lightning wallet, to many people using the main chain for $10 transactions...

    I recommend "Breez" for iOS and "Phoenix" for android, a lot of services accept lightning also

    submitted by /u/Yauper
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    Buying Bitcoin is like buying an Uno Reverse cards against Government fiat currency inflation. ($Fiat€urren¢ies×[Inflation+time])÷21Million Bitcoin=UnoReverso Bitch=₿ to �� Deflation=Price��Per BTC goes up �� Forever as long as inflation exists.

    Posted: 28 Oct 2020 04:31 PM PDT

    What's the difference between Master XPub and XPub

    Posted: 29 Oct 2020 02:31 AM PDT

    I'm reading some wallet API and they have a feature where you can generate the XPub of a new key and the Master XPub of the key in the same wallet.

    Wouldn't they be the same thing, can someone tell me the difference?

    submitted by /u/Ristarte
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    How to unstack this dust attack ?

    Posted: 28 Oct 2020 11:30 PM PDT

    https://www.blockchain.com/btc/tx/16e27ee8fb28752a62861b4316f490c54ba76d718a6c610f0e9312678b91457b

    So long story short, this was send to my address on a bitcoin website. As you can see there is like 400 outputs on this transaction. I'm one of them. I cannot withdraw anything on the website until all my deposits are "confirmed".

    As you can see fee was set to 9.931 sat/B.

    RBF was enabled but from what I read, I need to be a sender of the transaction to use it.

    I tried bitcoin accelerator but it shows I need to pay like 1300$ on average to accelerate this.

    Is there really nothing I can do but wait?

    Also, if the trasnaction gets forgotten by mempool, what will the "status" of the transaction be after it gets returned to sender, will it stay "unconfirmed"?

    submitted by /u/klczameka123
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    GigaChad Michael Saylor personally purchased over 17K BTC too

    Posted: 28 Oct 2020 05:14 AM PDT
    Read more
    at

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