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    Tuesday, March 9, 2021

    Bitcoin promising taproot/schnorr activation proposal BIP8(3m,false)

    Bitcoin promising taproot/schnorr activation proposal BIP8(3m,false)


    promising taproot/schnorr activation proposal BIP8(3m,false)

    Posted: 06 Mar 2021 04:19 AM PST

    https://www.mail-archive.com/bitcoin-dev@lists.linuxfoundation.org/msg09604.html

    • 3months activation period, 90% hashrate threshold
    • if activated, schnorr enablement is 6mo after start
    • if not activated, try something else

    the longer enablement delay after activation is interesting and reduces the risk from unupgraded nodes on services, miners, wallets, users and gives them time (a risk otherwise increased by short activation window)

    while the short activation period avoids delays or perceived indecision resulting in a user-led UASF as SPDY8 is "fast enough", and if the unexpected were to happen and miners unreasonably delayed, then it should be easier to find consensus on a flag height activation from there. (actually not clear if BIP 8 or BIP 9, I think BIP 8 is considered an improvement due to use of block heights vs dates which created some subtle problem in the past).

    submitted by /u/adam3us
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    Daily Discussion, March 09, 2021

    Posted: 08 Mar 2021 09:07 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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    1 Bitcoin just helped me put 50k down on my first home.

    Posted: 08 Mar 2021 05:06 PM PST

    Been a HODLer for a few years. I threw essentially 6.3k into getting 1 coin. Treated it just like a savings account. Wouldn't touch the damn thing until absolutely necessary. That time is now. I'm only sad....I couldn't HODL you longer, little buddy 😥

    BUT....I still have remnants. And they shall remain HODLed.

    Just remember. If anyone ever asks you when you plan on selling. The answer is:

    More.

    submitted by /u/JohnnyFlawless
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    The evolution of money

    Posted: 08 Mar 2021 12:53 PM PST

    Creed Bratton printing 1.9 Trillion Schrute Bucks

    Posted: 08 Mar 2021 09:09 AM PST

    When bitcoin hits 100k I will be a millionaire.

    Posted: 08 Mar 2021 04:04 PM PST

    My 0.0072 BTC will be worth 1 million Iraqi Dinar. Thanks to 20 percent devaluation that was applied to Iraqi Dinar by central bank overnight this year (so far). If that was not done I would have to wait much longer to become a millionaire.

    It is not the first time that this happens, and it is going to happen again and again. One has to be really stupid to not take shelter in bitcoin in such shithole countries.

    back in the day 1 iraqi dinar used to be worth more than $3, now $1 is worth 1460 iraqi dinar.

    submitted by /u/norsvast
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    Bitcoin is now at 10% of Gold's market cap, 51% of Apple's, and 66% of Silver's - FLIP SOON!

    Posted: 08 Mar 2021 05:35 PM PST

    JUST A QUICKLY REMINDER MY FOLKS ��

    Posted: 08 Mar 2021 10:41 PM PST

    Bitcoin broke major resistance today and officially broke out of its bearish triangle. Get Ready for the next leg up to new ATHs ��

    Posted: 08 Mar 2021 07:51 PM PST

    Prepare for liftoff 🚀

    submitted by /u/Accomplished_Dig_247
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    The wedding can wait, bitcoin cannot

    Posted: 08 Mar 2021 01:10 PM PST

    My fiancé and I just invested our entire wedding fund into Bitcoin. Our families think we're out of our minds but we'll see who's laughing after $1.9 trillion gets printed.

    submitted by /u/CatRapEnthusiast
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    Really reddit?

    Posted: 08 Mar 2021 04:42 PM PST

    HAPPY INTERNATIONAL WOMEN'S DAY TO ALL FEMALE BITCOINERS

    Posted: 08 Mar 2021 04:33 AM PST

    I don't have much to say,but am proud of you ladies out there in the world who continue to hold :-) believing that Bitcoins will rise and be very valuable. Congratulations to you all ;-),you are all part of the change.

    submitted by /u/Ravng_Fox
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    BTC marketcap is back above 1 Trillion USD

    Posted: 08 Mar 2021 07:40 PM PST

    Raspberry pi 4B 8GB and all the mods. Raspiblitz bitcoin/lightning node.

    Posted: 08 Mar 2021 01:48 PM PST

    Just invested in my 1st Bitcoin percentage! I just had to tell someone, my friends and family think I’m crazy!

    Posted: 08 Mar 2021 08:20 AM PST

    Cathie Wood sees bitcoin joining stocks and bonds as part of the classic balanced portfolio

    Posted: 08 Mar 2021 06:59 PM PST

    Goldman Sachs says high BTC returns in 2021 will destroy everything on Wall Street

    Posted: 09 Mar 2021 02:26 AM PST

    It was not until the end of January that Goldman Sachs compared BTC with global assets. Nevertheless, since 2021, the rate of return of BTC has been twice that of the energy industry.

    In January, Goldman Sachs, a well-known Wall Street investment company, began to include Bitcoin in its weekly global asset class return rankings. That month, BTC quietly climbed to the top of the rankings.

    But since then, BTC's advantages have expanded relative to assets such as stocks, bonds, oil, gold, bank stocks, technology stocks, and the euro.

    In its latest U.S. Weekly Kickstart report, Goldman Sachs Group showed that as of March 4, the return rate of BTC was about 70%, followed by the energy industry with a return rate of 35%.

    The U.S. stock market has recently sold off, and the return of the S&P 500 index is currently close to zero. In contrast, the advantage of BTC is even more obvious.

    1. For cyclical industries such as energy and finance, the rebound in oil prices and the increase in real interest rates have pushed up the current rate of return, but the performance is still inferior to BTC.

    1. At present, the risk-adjusted capital return rate of crude oil and energy is higher than that of BTC.

    1. Gold is the worst-performing asset class so far this year, because traditional defensive industries such as consumer daily necessities and public utilities have been affected due to rising real interest rates.

    1. According to previous CoinDesk reports, in cryptocurrency and traditional markets, many investors believe that BTC is a potential inflation hedging tool, especially now that central banks around the world have issued a large number of additional issuances to boost the economy affected by the new crown virus. Even so, from the beginning of the year to now, the price of gold has fallen by about 10%, so some market observers believe that BTC is eating away at the gold market share.

    1. According to a survey, approximately 40% of Goldman Sachs customers have invested in cryptocurrencies.

    1. Even so, in May 2020, Goldman Sachs' asset management department stated in a statement that for customers, cryptocurrency is not a suitable investment, driven by speculation behind it, and is more famous than the notorious Dutch tulip in the 17th century. The bubble is even crazier.
    submitted by /u/Hot_Championship_787
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    50k is the new 10k

    Posted: 08 Mar 2021 05:35 AM PST

    Yes, this is a shitpost, but the shit is real and sometimes, I forget to realize that only six months ago, we were hanging out around 10k.

    Insane...

    Edit: thanks for the rewards that this post clearly doesn't deserve

    submitted by /u/saboshinagobongo
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    Bitcoin tops $1 trillion in value again as the cryptocurrency's price jumps

    Posted: 08 Mar 2021 09:09 PM PST

    I've been here since 2013. Things have gone from a slow trickle of new people to tens of thousands of new users every day. Many questions are asked over and over, so I decided to build a site to help newbies. Open to any and all feedback.

    Posted: 08 Mar 2021 04:16 PM PST

    PayPal is acquiring crypto security company Curv for less than $200 million

    Posted: 08 Mar 2021 07:21 AM PST

    When the wife asks how much of the new stimulus check we should spend on Bitcoin

    Posted: 08 Mar 2021 11:21 AM PST

    BTC adoption is IMMINENT! 28 countries and over a billion people (~15% of the world) HAVE TO use fiat with inflation rate above 10% a year.

    Posted: 08 Mar 2021 05:37 AM PST

    A story: why I’m holding my btc for my niece.

    Posted: 08 Mar 2021 01:38 PM PST

    I grew up with my sister being heavily abused, physically, mentally and the other one. I've been stacking 100 a month for her for when she's a grown up for over a year now! My plan is to use the Bitcoin to give her a decent education, or a house deposit. That way she will never have to worry about homelessness and can avoid the life I had. Every time I deposit, I think of her and the life me and sis never had. I'll keep going until she's old enough, and I'll surprise her (if it's not spent on her education) with a large amount of electronic gold. I've not told any friends nor my sister about this, and I feel like a cunning evil mastermind. Thanks for reading.

    submitted by /u/lemonrusszakalwe
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    Recovering Bitcoins from a 2010 hard drive

    Posted: 08 Mar 2021 04:38 PM PST

    Bitcoin has improved my job performance

    Posted: 08 Mar 2021 07:54 PM PST

    I have made some money off bitcoin recently and am generally more pleasant and happy. At work a colleague wrote me a strongly worded email and CC'd many others. Basically he was trying to paint me in a bad light. Then he followed up with a phone call and yelled at me for 5 minutes, I kept my cool throughout. Anyways my calm demeanor irritated him and he was flustered that he couldn't perturb me, before we ended the call I said genuinely for him to have a nice day. Both our supervisors got wind of the emails afterwards and they took my side in the conflict we were having and he called and apologized to me (maybe because his supervisor told him to, IDK).
    If crypto was down this week it could have been me who was the one apologizing.
    Thank you bitcoin for giving me the serenity to deal with this tough situation.

    submitted by /u/goldstan
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