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    Thursday, December 3, 2020

    Bitcoin Daily Discussion, December 03, 2020

    Bitcoin Daily Discussion, December 03, 2020


    Daily Discussion, December 03, 2020

    Posted: 02 Dec 2020 11:00 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
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    Need Karma to post on coinbase

    Posted: 02 Dec 2020 06:10 PM PST

    Hey guys! I have an account with coinbase for 3 years that they locked me out with no reason. I have made tickets, attempted contact via Twitter and Facebook. But it seems they are only answering through here. However I need karma to post on their page, otherwise it just gets deleted. Can you guys help me get some karma so I can bring my concern to r/coinbase

    I have three cases open; 03049257 03169165 03083311

    Please guys, I need to get access to that 600 to buy Christmas presents. Thanks!!

    submitted by /u/gatboy137
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    S&P Dow Jones Indices to launch cryptocurrency indexes in 2021

    Posted: 03 Dec 2020 06:01 AM PST

    Live video of me and hodlers that sold their BTC below $10K LOL

    Posted: 03 Dec 2020 05:22 AM PST

    S&P Dow Jones Indices to Launch Crypto Indexes in 2021

    Posted: 03 Dec 2020 07:16 AM PST

    A bitcoin quote that stuck with me and that I want to share with you

    Posted: 03 Dec 2020 04:40 AM PST

    "Bitcoin might or might not work, it might or might not become a financial revolution, but it doesn't matter: it's my best shot at freedom."

    Now I believe in bitcoin 100% and 100% of my savings (and then some) are in Bitcoins, but even if it somehow crashes and disappear, I don't care. Bitcoin is possibly the ONLY shot at freedom I've got.

    I realized recently just how enslaved I was. Business force closed by government. Everything I do or say, tracked (not in the US). Taxed at 65% of my income (yup). Basically a slave, enriching my owners.

    We are taxed so heavily here, and in so much debt (especially with the virus now) that I basically have to work my entire life so my premier can afford another $425 hot towel on his private jet. In fact, probably more than one. Those people drink $5,000+ bottles of Champagne paid by us and party while I have to work around sick people all day. All this to enrich some asshole business owned who doesn't give a fuck about me.

    I barely earn enough to cover my living. Bitcoin is the ONLY way I can ever be free. If it rises to $250k I will be basically set for life, and most of all, free.

    I realize it might or might not happen, but I don't care. It's my ONLY shot at real freedom.

    submitted by /u/graydogstudios
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    kill banks

    Posted: 03 Dec 2020 06:41 AM PST

    I like to think that every time I buy bitcoin I am helping to kill a bank.

    submitted by /u/nero2626
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    FOMO vs HODL

    Posted: 02 Dec 2020 06:45 AM PST

    Its just toying with us...

    Posted: 03 Dec 2020 08:27 AM PST

    First time as a Bitcoin trader LOL

    Posted: 02 Dec 2020 03:39 PM PST

    Spotify to potentially start utilizing cryptocurrencies as a payment method

    Posted: 03 Dec 2020 08:28 AM PST

    Anatomy Of a Candlestick [OC]

    Posted: 03 Dec 2020 06:21 AM PST

    The Australian Senate just voted to kill the $10,000 'cash ban' bill

    Posted: 03 Dec 2020 01:15 AM PST

    Bitcoin Gets 600K Hits on BlackRock Website: BlackRock CEO Tells Former Bank of England Governor

    Posted: 03 Dec 2020 07:02 AM PST

    Oldest Bitcoin mining pool ‘immortalizes’ bullish Reuters headline

    Posted: 03 Dec 2020 02:14 AM PST

    We need the ₿ added to the standard android keyboard. Right next to the $.

    Posted: 03 Dec 2020 08:25 AM PST

    How do we make thai happen?

    submitted by /u/ooooiiiixxxx
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    Top 10 Bitcoin addresses hold a whopping $15.3 Billion worth of BTC

    Posted: 03 Dec 2020 08:27 AM PST

    The top 10 bitcoin addresses hold approximately 804,114 bitcoin which approximates $15.5 Billion dollars in today's price.

    That is 3.8% of the total bitcoin supply.

    There is a possibility that some of these wallets might belong to cryptocurrency exchanges but for ones that don't, whale alert.

    Wallet Address BTC Amount USD Amount (as of Dec 03 2020)
    35hK24tcLEWcgNA4JxpvbkNkoAcDGqQPsP 141,451.59 2,729,888,380.57
    34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo 97,501.10 1,881,683,479.01
    37XuVSEpWW4trkfmvWzegTHQt7BdktSKUs 94,505.83 1,823,877,463.75
    1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF 79,957.20 1,543,101,998.52
    1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ 70,459.65 1,359,807,831.31
    bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6 69,370.17 1,338,781,847.85
    37tRFZw7n94Jddq6TfVs3MbCXmDX6eMfeY 68,101.56 1,314,298,816.60
    3JurbUwpsAPqvUkwLM5CtwnEWrNnUKJNoD 65,236.71 1,259,009,789.96
    38UmuUqPCrFmQo4khkomQwZ4VbY2nZMJ67 60,196.43 1,161,736,922.21
    3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS 57,333.74 1,106,489,581.63
    Total: 804,114.02 15,518,676,883.38

    Source: Top 100 Richest Bitcoin Addresses

    submitted by /u/primalfabric
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    Utreexo: Compressing Fully Validating Bitcoin Nodes

    Posted: 03 Dec 2020 04:57 AM PST

    Rohan Grey, an architect of the new STABLE Act, want's to make miners legally liable for processing transactions

    Posted: 03 Dec 2020 08:05 AM PST

    If you thought the legislators behind the STABLE Act were going to stop after taking down Libra and Tether, you should read this thread:

    https://twitter.com/rohangrey/status/1334298097166344192?

    These people intend to charge anyone who mines Bitcoin, anyone that confirms a transaction they don't like, with money laundering.

    Oh, and he believes miners are engaging in banking activity and should be regulated like bankers:

    https://twitter.com/rohangrey/status/1334318523523338242?s=21

    submitted by /u/admin_default
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    Samson Mow @Excellio: Bitcoin moves nearly half a million dollars in value around the globe permissionlessly every second. It was never about transactions per second and coffee. It's all about value transacted per second and a new financial paradigm. VTPS not TPS. Nothing comes close to BTC.

    Posted: 02 Dec 2020 11:13 AM PST

    Bitcoin eyes $20k- Breakout as Morgan Stanley predicts dollar crash

    Posted: 03 Dec 2020 02:31 AM PST

    Bitcoin Price Surges After US Proposes Stablecoin Law

    Posted: 03 Dec 2020 02:48 AM PST

    Newbie question - is Coinbase a scam?

    Posted: 03 Dec 2020 06:08 AM PST

    Long time crypto enthusiast, only recently decided to buy bitcoin. Decided just before the US election would be good time to get involved. Joined Coinbase. Fully verified and linked a bank account. Deposit 3000gbp. Bought 3k of bitcoin. Few days later it's worth 3500gbp so sold 500 profit and withdrew successfully. Few days later and the value is back to 3500gbp so decide to sell another 500. Coinbase app says my account is unable to sell. Weird I think, surely they'll have emailed me to tell me this. Nope no email. So I start a support case. Few days later they email me back to say my account can never link a bank acc (I already had), can never sell crypto (I already had) and can never withdraw to a bank acc (I already had). The email advises me to send the crypto elsewhere. I go to do that and the app says that this function is restricted too! I email them back and they ignore it for over a week! They don't even have a phone number!

    I work for a big tech firm and can't believe that a company is doing this. We're not talking a small amount of money and whilst I don't desperately need it the idea that they've locked it away from me is kinda nuts.

    So I can't sell, I can't withdraw and I can't send it elsewhere. All I can do is buy more? WTF that seems like a scam to me?

    Anyone got any advice? I tried to post to their Reddit but you need a certain amount of karma 😂

    submitted by /u/Narwhal-Proud
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    Spotify to start accepting crypto as payment?

    Posted: 03 Dec 2020 02:20 AM PST

    Spotify to start accepting crypto as payment?

    Has anyone heard any more information regarding their plans to work with Libra and plans to integrate crypto into their ecosystem? Not sure if this has been picked up on anywhere else but it's news to me.

    https://preview.redd.it/b8f8ji9y5y261.png?width=1106&format=png&auto=webp&s=7f019664ca6bc5c28762c79d68f4d9eee14d060a

    submitted by /u/CryptoGarry
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    Bitcoin price as of today's date [Dec 03] for the past decade

    Posted: 03 Dec 2020 08:03 AM PST

    Year Price Annual Change (%)
    2020 $19,369 164.5%
    2019 $7,321 77%
    2018 $4,139 -62.62%
    2017 $11,074 1325%
    2016 $777 116%
    2015 $359 -5.78%
    2014 $381 -63.57%
    2013 $1,046 7946%
    2012 $13 550%
    2011 $2 700%
    2010 $0.25

    Bitcoin's price has never been this high for today's date in the last 10 years.

    Even the bull run of 2017 did not see bitcoin reach the price high it has reached this year for today.

    submitted by /u/primalfabric
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    Real Vision Invested 10% of its Cash Holdings in Bitcoin

    Posted: 03 Dec 2020 04:54 AM PST

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