Bitcoin Daily Discussion, November 04, 2020

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• Daily Discussion, November 04, 2020
• Vote for Bitcoin
• $1200 stimulus payment now worth $2400
• Bitcoiner Cynthia Lummis Wins US Senate Seat - Decrypt
• am I the only one more excited about BTC's second 14000 hit than about the ongoing election?
• There’s something off with this graph
• BitMEX, OKEx, KuCoin Scandals Highlight the Need for Better Regulation
• VORSICHT! Ledger Scam Mail in perfect German
• 14k Giveaway Extravaganza
• Reserve Bank of Australia set to print $100 billion (~$US72 billion) in new money over the next 6 months.
• Been stacking sats for 37 months, hit a bunch ATHs this month
• Could we try as a community to be less negative? Just for a month?
• Can my wallet be hacked ?
• Bitcoin Has Now Entered in the Positive Feedback Loop That Will Drive Its Price to a New ATH
• Federal Reserve VS Bitcoin
• Coinse Commerce overpay network fees, and fakes mnemonic for customers.
• New texting scam additional play from the Ledger hack: "You just sent 0.016345 BTC (0/20 Confirmations) tap link to cancel." - I did not send any bitcoin.
• What Can You Buy with BTC? Start from pizza��, now you can buy food & drinks��, travel✈️, game & entertainments��, even gift cards�� of your favorite brands! Bitcoin payment is accepted by more and more retail! Your bitcoin shopping guide.
• 200-days moving average at ATH
• 69k bitcoins on the move - originating from a Bitcoin wallet.dat (now cracked?)
• Resource for showing or generating 256 bit for BTC private keys
• This bitcoin clock is amazing! Thank you!!!
• electrum -> ledger?
• A quick patai for a beginner lol

Daily Discussion, November 04, 2020 Posted: 03 Nov 2020 11:01 PM PST 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 [link] [comments]

Vote for Bitcoin Posted: 03 Nov 2020 10:57 AM PST submitted by /u/dan_held [link] [comments]

$1200 stimulus payment now worth $2400 Posted: 03 Nov 2020 05:42 PM PST The payment that was sent out around April 21st has now doubled in value if you had purchased the 0.175 btc, reaching $2400 as of today. Congrats if you doubled your money. submitted by /u/notyouagain2 [link] [comments]

Bitcoiner Cynthia Lummis Wins US Senate Seat - Decrypt Posted: 03 Nov 2020 11:37 PM PST submitted by /u/imolev [link] [comments]

am I the only one more excited about BTC's second 14000 hit than about the ongoing election? Posted: 03 Nov 2020 03:37 PM PST priorities submitted by /u/MaximilianNorz [link] [comments]

There’s something off with this graph Posted: 03 Nov 2020 06:56 AM PST submitted by /u/digitalmoneyguru [link] [comments]

BitMEX, OKEx, KuCoin Scandals Highlight the Need for Better Regulation Posted: 03 Nov 2020 04:49 PM PST submitted by /u/nice2yz [link] [comments]

VORSICHT! Ledger Scam Mail in perfect German Posted: 03 Nov 2020 09:35 PM PST I just received the scam mails from legder.de (yes, leGDer.de) in perfect german language with no errors and legit looking. DON'T FALL FOR IT! The Link to download a new Ledger-Live-Version directs to http://xk2zn.mjt.lu/lnk/... Mail content: Sehr geehrte Kundin, Wir bedauern, Ihnen mitteilen zu müssen, dass es in Ledger zu einer Sicherheitsverletzung gekommen ist. Betroffen sind etwa 46.000 unserer Kunden. Leider ist auch das mit Ihrer E-Mail-Adresse verknüpfte Wallet (<my mail adr>) von der Verletzung betroffen. Am 2. November 2020 hat unser Forensikteam festgestellt, dass mehrere der Verwaltungsserver von Ledger Live mit Malware infiziert sind. Derzeit ist es technisch unmöglich, die Schwere und Reichweite der Sicherheitsverletzung abschließend festzustellen. Aufgrund dieser Gegebenheiten müssen wir davon ausgehen, dass für Ihre Kryptowährungs-Assets das Risiko besteht, entwendet zu werden. Sie erhalten diese E-Mail, weil Sie von dem Vorfall ebenfalls betroffen sind. Um Ihre Assets zu schützen, laden Sie bitte die neueste Version von Ledger Live herunter und folgen Sie den Anweisungen, um eine neue PIN für Ihr Wallet festzulegen. Mit freundlichen Grüßen, Ledger This email was sent to <my mail adr> because you signed up at Legder.com or purchased a Legder product. We respect your right to privacy. Read our Privacy Policy and Cookie Policy. © Legder SAS 2020. All rights reserved. Legder brands are registered trademarks of Legder SAS. Legder SAS, 1 rue du Mail, 75002 Paris submitted by /u/PolaT1x [link] [comments]

14k Giveaway Extravaganza Posted: 03 Nov 2020 05:26 PM PST Even if we didn't hold 14k, we will reach it again soon and shoot right through to further heights. Election volatility, slow adoption news, and inflation pumps are making and breaking 125x leverage traders all over. It's a wild ride. To celebrate 14k and everything going on right now, I will give away a 100$ Voucher for my store: www.cryptocove.io. I spent a lot of time trying to make cool designs! To Enter, upvote and comment with your BTC price prediction for what the BTC price will be at 01:30 GMT on the 11.05.2020 - The closest guess will get the voucher in 24 hours. The Cut off time for guesses will be 01:00 GMT tomorrow. Best of luck! My way of giving back to r/Bitcoin. submitted by /u/CryptoCoveBTC [link] [comments]

Reserve Bank of Australia set to print $100 billion (~$US72 billion) in new money over the next 6 months. Posted: 03 Nov 2020 02:10 PM PST submitted by /u/operationco [link] [comments]

Been stacking sats for 37 months, hit a bunch ATHs this month Posted: 03 Nov 2020 11:02 AM PST I buy every month, always with the same amount, it's been 37 months and Ive built a nice stack. Ready for the bull market. Though, I plan to never stop. The stacking will continue into perpetuity - basically I've adopted the Bitcoin standard. I live below my means and save the rest. Bitcoin happens to be my saving technology of choice. I'm 100% allocated and you could say its reckless, risky, dumb even. But I don't feel that way. For me this is the way. This month I hit a few ATHs. Basically every month is an ATH in sats, the stack keeps growing. This month my fiat net worth also hit an ATH due to the price hike. And also, the purchase I made this month was with the highest price I've ever paid for Bitcoin meaning that I'm on profit with every single Bitcoin purchase so far. I make these 'progress reports' every month, enjoy: http://er-bybitcoin.com/stacking-em-volume-6-november-2020/ submitted by /u/jamespunk [link] [comments]

Could we try as a community to be less negative? Just for a month? Posted: 03 Nov 2020 08:21 AM PST We have a LOT of new people who are going to be joining us over the next couple of months due to Bitcoin being a purchasable currency on PayPal. This is HUGE for Bitcoin, but all I see here is "not your keys not your coins", "it's literally not bitcoin if you're can't trade it out", "what's the point" etc. It's not REAL bitcoin, why should I care? - Even though it's essentially a cryptocurrency garden, it still exposes MILLIONS of potential new users for bitcoin who currently haven't even heard of it. What can I do? - Welcome the newcomers, you might be their first interaction with the community! Ignore & downvote the trolls, they literally add nothing beneficial to the conversation. Answer questions with enthusiasm, the person you are speaking to might be brand new to bitcoin. I know you can't change a subreddit overnight, but just for a month, take a moment and think about how you can help someone before commenting. Thanks for reading! :) submitted by /u/SpaceHoppity [link] [comments]

Can my wallet be hacked ? Posted: 03 Nov 2020 11:52 PM PST I'm starting to store decent amount on it. I'm going to add a 25 th key. But people talk about hacking wallets. How can this happen without the private key? Can it happen on cold storage ? Storing all on a ledger. submitted by /u/Puzzleheaded-Ad5098 [link] [comments]

Bitcoin Has Now Entered in the Positive Feedback Loop That Will Drive Its Price to a New ATH Posted: 03 Nov 2020 09:16 AM PST submitted by /u/sylsau [link] [comments]

Federal Reserve VS Bitcoin Posted: 03 Nov 2020 03:36 PM PST submitted by /u/CollectiveConciousns [link] [comments]

Coinse Commerce overpay network fees, and fakes mnemonic for customers. Posted: 04 Nov 2020 03:28 AM PST I made an account on Coinbase Commerce, saved my seed phrase, got payments for invoices, and everything worked awesomely. later on, when I tried to withdraw, I found out I don't control my bitcoin, the seed Coinbase generated isn't a real one. it is not the one used to generate addresses for my customers, therefore I access the wallet ONLY thru Coinbase website. The issue here is: Coinbase Commerce always set transaction fees to the highest ever possible, and don't give u the choice to choose your own fees, making it charge me 20$ on a 100$ withdraw! I've read on Reddit that they changed the derivation path for addresses generated for bitcoin, and it is a lie, u can't prove that, I tried every single derivation path possible and none of them gave me the addresses that Coinbase Commerce generates. People should immediately stop using Coinbase Commerce as a payment processor and find a better alternative. submitted by /u/EZ0010 [link] [comments]

New texting scam additional play from the Ledger hack: "You just sent 0.016345 BTC (0/20 Confirmations) tap link to cancel." - I did not send any bitcoin. Posted: 03 Nov 2020 06:12 PM PST Don't fall for it. Block number and report. submitted by /u/cliftonixs [link] [comments]

What Can You Buy with BTC? Start from pizza��, now you can buy food & drinks��, travel✈️, game & entertainments��, even gift cards�� of your favorite brands! Bitcoin payment is accepted by more and more retail! Your bitcoin shopping guide. Posted: 03 Nov 2020 07:54 PM PST submitted by /u/dapp_com [link] [comments]

200-days moving average at ATH Posted: 03 Nov 2020 12:50 PM PST Today the simple 200-days moving average on BTC/USD finally reaches an all-time-high [1], breaking its last local maximum from June 3rd, 2018. For long-term stock and FX traders, that's a crucial bullish signal on the most commonly used [2] moving-average period, especially given that the 50-days moving average is more than 12% above the 200-days one. Last time this happened (ATH after a local maximum) was in December 2016, when BTC was at $775. [1] https://bitcoincharts.com/charts/bitstampUSD#rg730ztgSza1gSMAzm1g50za2gSMAzm2g200zv [2] https://www.investopedia.com/ask/answers/122414/what-are-most-common-periods-used-creating-moving-average-ma-lines.asp submitted by /u/Max_Findus [link] [comments]

69k bitcoins on the move - originating from a Bitcoin wallet.dat (now cracked?) Posted: 03 Nov 2020 02:15 PM PST Transaction: https://www.blockchain.com/btc/tx/3f036ff88bb851b57a1e28780dbce35a6457a8b57995c095b55b3b0cf48ba9fd More info: https://www.vice.com/en/article/bv8k4v/hackers-are-trying-to-break-into-this-bitcoin-wallet-holding-dollar690-million Note: There is no guarantee, however, that this wallet.dat file that's going around actually holds the lost Bitcoin. It's possible that someone forged this wallet so that it would have the 1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx address but not its corresponding private key, which is what one would need to get the bitcoins, according to cryptocurrency experts. Originally sold here: https://allprivatekeys.com/69370btc submitted by /u/Thireus [link] [comments]

Resource for showing or generating 256 bit for BTC private keys Posted: 03 Nov 2020 10:49 PM PST Hi guys I am trying learn the relationship between 256 bit encryption and bitcoins addresses and private keys. I remember something ages ago which showed the bits (256) corresponding with the private key. Can someone point me in the direction of such a resource. ​ Thanks submitted by /u/satnakia [link] [comments]

This bitcoin clock is amazing! Thank you!!! Posted: 03 Nov 2020 03:32 PM PST submitted by /u/rnvk [link] [comments]

electrum -> ledger? Posted: 04 Nov 2020 12:38 AM PST I just bought some bitcoin on cash app and Coinbase. I was able to move from both of those onto an electrum wallet easily enough but when I tried to move from electrum to an offline ledger nano X. My transaction I.D says "unknown" Status says unsigned and its been pending for about 8 hours now. It said the fee was 297 sat/byte which is a decent fee as far as I know. can anyone explain what's going on here? I've been reading articles for hours and feeling pretty lost. submitted by /u/ocala- [link] [comments]

A quick patai for a beginner lol Posted: 04 Nov 2020 04:13 AM PST This is a post to see if my understanding is correct. So, if I purchase $100 worth of BTC and the price goes up $100 I make $100? As I have a friend that has purchased exactly that and even though it was up $100 it only increased by $1. So, if that understanding is wrong what is the right one? submitted by /u/Commercial-Bat-1638 [link] [comments]

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