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    Bitcoin Daily Discussion, January 19, 2021

    January 19, 2021

    Bitcoin Daily Discussion, January 19, 2021

    Daily Discussion, January 19, 2021

    Posted: 18 Jan 2021 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
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    I know this is not a place for 3D artists but I made this.

    Posted: 18 Jan 2021 01:36 PM PST

    Block 666,666 was mined today and has a message: “Do not be overcome by evil, but overcome evil with good - Romans 12:21”

    Posted: 18 Jan 2021 07:49 PM PST

    Michael Saylor destroys Peter Schiff with this North Pole reference

    Posted: 18 Jan 2021 05:21 AM PST

    Greyscale just added another 16,000 BTC to their holdings.

    Posted: 18 Jan 2021 02:10 PM PST

    Greyscale just added another 16,000 BTC worth over half a billion dollars to their holdings. This is the smart money coming in. https://www.bybt.com/Grayscale

    submitted by /u/xFinman
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    BTC Stolen from Blockchain Wallet with 2FA and I just access via blockchain app (IOS)

    Posted: 19 Jan 2021 01:01 AM PST

    I'm in shock right now...

    I got my BTC from 2014, and they have been always a blockchain wallet.

    In the last couple of years I've just accessed via app (Face Id, 2FA...) and always my funds have been there.

    On December when I logged in, my wallet appeared as "imported" and I could see my funds, and blockchain app suggested to move them to "my bitcoin wallet".

    Edit: I didn't receive any popup or message suggesting to move them. The issue was I couldn't see my funds as before and I had to move them to "my bitcoin wallet" (different address) in order to I could see them in my balance.

    I moved them and after 2 hours my funds were in the new wallet and I could see my funds there.

    Yesterday I connected to my account I saw 0 and then I started looking my funds and then in my transactions had once from January 7th with all my money to a wallet.

    Just opened a ticket with blockchain support... Is there any shot i might get my funds back?

    I have all the protections enabled and i never got an email for attempted Login, no SMS Text Code for the 2FA security, no email for the transaction, absolutely nothing.

    I don't want to post any addresses because i don't know if that can affect any chances but if anyone can help DM me please, any help is appreciated.

    Is there any chance i might get my funds back?

    They only vector attack I can imagine would be... in 2017 I bought a ledger nano wallet and at that time I connected to my account an I transferred 0.01 to my hardware wallet to see if everything worked.

    Then ledger was hacked and then I thought ok maybe it's not the most secure company and I didn't transfer my btc there....

    Could that hacked affect me somehow?

    submitted by /u/nio88
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    [OC] The Bitcoin Paradox

    Posted: 18 Jan 2021 01:58 PM PST

    I just set my best friend up with a software wallet and bought him $50 in BTC so I have an excuse to bond with somebody over my quite possibly unhealthy crypto obsession.

    Posted: 18 Jan 2021 08:34 AM PST

    I get the feeling when I try explaining Bitcoin, cryptocurrency and blockchain technology to people, they nod and smile and say "thats cool!" but people dont really get it. I feel that its one of those things that you have to experience for yourself to really understand it.

    So rather than ceaselessly rave about my new obsession all the time (as I have been doing to everyone lately), I decided to just buy one of my good friends $50 BTC and told him to sit on it and watch the balance slowly increase over the next few months. No better way to catalyze someone giving crypto a little more critical thought than by forcing Bitcoin upon them in the most literal way possible.

    I at the very least wanted to get him set up with a starting balance to keep in a cold wallet that would basically be his own swiss bank account that essentially accrues ~300% interest every year.

    I then told him if he digs it, he could use it as a savings account if he wanted to keep throwing money at it once he see's why im so hopelessly balls deep in this shit now.

    If he doesnt dig it, he can spend the money and not worry about me taking it personally. Win-win

    submitted by /u/lookslikeyoureSOL
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    Today 1 BTC = 20 oz of Gold - 5 years ago it used to be 0.4 oz of Gold

    Posted: 18 Jan 2021 07:38 PM PST

    100 out of 100 of the last conversations I’ve had with investors seriously looking to allocate, let's say over 50 million dollars, 100% of those conversations have been about Bitcoin and 0% of them have been about any other crypto asset,"

    Posted: 18 Jan 2021 02:20 PM PST

    Almost Bought a Lottery Ticket Today. I Never Buy Lottery Tickets, Came to My Senses & Decided to Put the $30 Into Bitcoin Instead

    Posted: 18 Jan 2021 03:09 PM PST

    IDK why the urge even came over me since I literally never, EVER buy lottery tix, but i even had the $30 ticket in hand and I was ready to get my card out and pay for it before i came to my senses and gave it back to the cashier. I immediately put that money into Coinbase. Going to keep that mentality going into the future whenever I find myself thinking about making any sort of spur-of-the-moment, impulsive purchases.

    Ps. Can anyone recommend a better exchange than Coinbase pro? It seems easy enough and it has worked for me so far, just have heard people favor other services instead. Am fairly new to the game and am learning more every day, would appreciate any and all recs!

    submitted by /u/lemonteklunchbox
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    Grayscale Buys Another 16,244 Bitcoins

    Posted: 19 Jan 2021 12:46 AM PST

    Lost everything in house fire, a friendly reminder to keep your keys safe.

    Posted: 18 Jan 2021 12:52 PM PST

    2 weeks ago, half of my house had been burnt , i lost everything, my tv, my laptop, my ledger (didn't have more than 120$ on it anyway)

    it's just pains me to think, are bitcoins this easy to lose?

    on my case i didn't have much, but there are people who got 30k+ worth of bitcoin, are they that much invunerable?

    just a friendly reminder , have a backup plan for such cases!

    and keep a backup of it outside of your house!

    i lost everything so you don't have to!

    sorry for my bad english.


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    Former U S Secretary "Bitcoin Is Here To Stay" + Grayscale Raises 700 Mil In One Day.

    Posted: 19 Jan 2021 02:28 AM PST

    Finally set up a full node! Spent the whole weekend setting it up and troubleshooting. Feels good to give back.

    Posted: 18 Jan 2021 07:39 PM PST

    Had a Pi 4 sitting in a box doing nothing, so I thought why not...

    https://imgur.com/a/zYN0XGt

    submitted by /u/sunelt13
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    1 euro = 3341 satoshis

    Posted: 18 Jan 2021 01:32 PM PST

    Keep stacking.

    submitted by /u/pretorama
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    The first mention of Bitcoin on a mainstream TV show happened 9 years ago this month.

    Posted: 18 Jan 2021 04:53 AM PST

    It came just three years after bitcoin's creation and aired when the price of one Bitcoin would set you back around $6.90 (the price was already double what they recorded it as).

    The TV show that mentioned bitcoin was The Good Wife, and the episode was called 'Bitcoin for Dummies' (yes, the entire episode was dedicated to Bitcoin).

    In the episode, Alicia (the protagonist) takes on the case of Dylan Stack (played by Jason Biggs), a lawyer who has refused to reveal the identity of his client who is wanted by the U.S. Treasury Department for creating a new digital currency called Bitcoin.

    The episode features a surprisingly good explainer on what Bitcoin is, and how it works. You can watch it here.

    I wonder how many people this episode sent down the rabbit hole, leading them to the greatest investment (or regret) of their lives.

    submitted by /u/TryBobby
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    Lamborghini U.S. Dealer Says They Now Accept Cryptocurrencies As Payment

    Posted: 18 Jan 2021 06:02 AM PST

    What's that saying, "there's no such thing as a coincidence?" Well, here's Lamborghini of Newport Beach stating that they now accept cryptocurrencies as payment, during the most massive bull run in Bitcoin history no less.

    Although, you will have to call them and see which coins are accepted and which are not – Bitcoin is a given, and probably a few other strong ones as far as market cap.

    This isn't the first time somebody would have or could have bought vehicles using cryptocurrency. In fact, it's not even the first time for this particular dealer. Back in 2013, somebody paid in Bitcoin for a Tesla Model S, acquired from Lamborghini Newport Beach.

    https://www.carscoops.com/2021/01/lamborghini-u-s-dealer-says-they-now-accept-cryptocurrencies-as-payment/

    submitted by /u/BitcoinWide
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    Why Is Bitcoin Making New All-Time Highs?

    Posted: 18 Jan 2021 03:56 PM PST

    All eyes on Bitcoin

    Posted: 19 Jan 2021 02:46 AM PST

    It is getting more mainstream each year. From a project started by hobbyists into multibillion dollar valuations and investments. Right now the legacy institutions are showing interest to take a stake in the crypto space.

    Bitcoin is tracked by most mainstream news channels and all financial outlets. It's valuation growing parabolic to nearing $1 trillion. With targets reaching as far high as $100 trillion usd.

    Nations have begun to decide on their stance on the growth of this technology. Politicians are talking about it actively such as most recently in Miami, FL.

    Central banks around the world have declared their interest in the space. Countries such as china have been trial testing actively.

    With the world in shambles triggered by the pandemic. It's all eyes on Bitcoin.

    submitted by /u/Kevooters
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    I just sold my Bitcoin and couldn't be happier

    Posted: 19 Jan 2021 02:36 AM PST

    I just sold my BTC to pay off my last remaining student debt.

    I first entered the market in 2016 after a few colleagues were talking about it and stuck a chunk of money in and left it for ages.

    I got a bit worried in 2018 and just saw it as lost money but after 2020 I can finally say I'm debt free!

    Thank you this community is amazing!

    submitted by /u/kennator
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    Warren Buffet has always been famously bearish on Bitcoin, here's a video celebrating it

    Posted: 19 Jan 2021 12:21 AM PST

    Stealing a bitcoin ATM from a gas station seems like a dumb idea... or the greatest idea in human history.

    Posted: 18 Jan 2021 06:40 AM PST

    Ledger user... Please enable hardware (U2F) based 2FA on your accounts.

    Posted: 18 Jan 2021 10:22 PM PST

    Two Ledger leak sim swaps posted this weekend where the attacker tried to obtain access to the users exchange account. Most of these people are told to enable Authenticator. This makes zero sense when they are literally holding a hardware 2FA device in their hand.

    Yes Authenticator is much better than SMS, but hardware 2FA is much (much) better than authenticator. Why in the world would you not use the most secure method to secure your account when you know SIM swaps are happening.

    Just some friendly advice. Use it or discard. Your choice.

    https://support.ledger.com/hc/en-us/articles/115005198545-FIDO-U2F

    submitted by /u/brianddk
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    i found some bitcoin I bought in 2018!

    Posted: 18 Jan 2021 09:30 AM PST

    I logged into my cash app (which I haven't had in a few years) and found out that in 2018 I had purchased $50 in bitcoin. Shit was worth close to $300 now. put half of in my trezor and the other half in sweet delicious fucking nothing because we're HODLing boys

    submitted by /u/SayNO2AutoCorect
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