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    Bitcoin Daily Discussion, June 18, 2021

    June 18, 2021

    Bitcoin Daily Discussion, June 18, 2021

    Daily Discussion, June 18, 2021

    Posted: 17 Jun 2021 10:08 PM 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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    Bitcoin Adoption In Paraguay Next Month, the domino effect is unstoppable

    Posted: 18 Jun 2021 12:24 AM PDT

    25,000$ into bitcoin

    Posted: 17 Jun 2021 09:30 AM PDT

    My time has come gentlemen, all my savings from working as a waiter my entire life (31 years old) invested into this holy financial grail. Let's hope by the time i hit 40 i will be able to buy a decent house and a car. see ya in 9 years

    submitted by /u/k0ubo
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    Miami’s mayor looks to woo Chinese bitcoin miners with low energy prices and clean nuclear power

    Posted: 18 Jun 2021 03:51 AM PDT

    Legendary Investor on Bitcoin — Paul Tudor Jones Explains Why Bitcoin Is So Attractive. 5 powerful words: Math, Reliable, Consistent, Honest, 100% Certain.

    Posted: 18 Jun 2021 02:53 AM PDT

    Bitcoin (BTC) Bill on Paraguay’s Agenda – AronBoss

    Posted: 18 Jun 2021 12:30 AM PDT

    STOP investing what you can't afford to lose

    Posted: 18 Jun 2021 01:26 AM PDT

    There's no anecdote to go with or sugarcoat. If you give up all your financial stability, your hard-earned money, for potential gains and a technology you believe in, you MIGHT lose it all.

    I keep seeing these stories on Reddit of people going all in and I really hope it works out for you guys but please, be rational, have a backup plan and play your cards right.

    Crypto is a very interesting technology and a great investment opportunity but don't do things you could regret, that's a recipe for anxiety.

    submitted by /u/Notakas
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    I got SIM-Swap attacked again! despite having a PIN and a note in my account saying not to allow anyone to access or change my account unless I am physically present at the store with drivers license in hand! T-Mobile.

    Posted: 18 Jun 2021 06:01 AM PDT

    I got SIM-Swap attacked again! despite having a PIN and a note in my account saying not to allow anyone to access or change my account unless I am physically present at the store with drivers license in hand! T-Mobile.

    It's been almost a year since my SIM card was hijacked for the first time.

    Thankfully, We noticed it early (my wife and I), we acted quickly And dodged a bullet.

    That day, And after resetting all my passwords and adding 2FA's on every account that allows it and removing my phone # from any service that uses it, I called T-Mobile. And I asked them to put a PIN on my account AND leave a note in there to only allow changes if I am personally, Physically present at the store and have my ID with me.

    They obliged and things were somewhat quite until last month.

    I wake up one morning to an E-Mail saying someone is trying to reset the password for my main E-Mail address. I look at my phone and I had service and everything looks fine so I didn't think much of it.

    I figured, Maybe it's the same asshole from last time because they keep trying every now and then and every time I login I see a couple of new IP addresses attempting to reset the account.

    A couple of hours later, A T-Mobile Employee calls and says to let me know that someone tried to access my account again, So naturally I freaked out and explained to him what had happened before, So he puts me on hold then a few minutes later, He back tracks in an attempt to calm me down or whatever and lies to me saying not to worry, They did a little more digging and it's not what they thought it was and that it was an automated thing that they had put on my account since the previous incident, and that they had to reset manually and they forgot. And that nobody tried to access my account.

    It didn't make sense to me at all and I didn't know what to make of that, But he kept reassuring me that everything is fine so I went along with it.

    Today, I get a letter in the mail saying that on that same day the employee called me, someone gained access to my account, Ported my line to a different carrier, And accessed my CPNI data (Customer Propriety Network Information), Including calls made and received on my phone #. And that he changed the PIN on my account.

    So now, The hackers have even more personal info about me and it's floating out there thanks to T-Mobile. And I am only hearing about it from T-Mobile because they are required by law to tell me :|

    According to them, They already took care of it, But they "Encourage me" have to call and update my PIN, Password, E-Mail security and financial and other accounts. So clearly it's not as simple and harmless as they made it sound on the phone :(

    I am pissed off and worried this was allowed to happen again. And I am certain that if I didn't overhaul my personal online security and create new E-Mails and cunt proof my account's I would have been taken to the cleaners since the attack happened overnight and I didn't know or notice until I woke up. I am now getting a new phone number with a different carrier for sure.

    I am posting this here to warn people to not trust phone service providers even when you have taken all the necessary steps to protect your account because they are incompetent AND negligent. And will not have your back when shit hits the fan.

    Don't wait until it happens to you, Be proactive and protect yourself. Google SIM-Swap attack and take all the necessary steps to prevent it from happening to you.

    This is a copy of the letter:

    ​

    https://preview.redd.it/zcttoh0mv0671.jpg?width=3024&format=pjpg&auto=webp&s=a4c7905e8d2aeb2690ddb8767bad4e437c184e4a

    submitted by /u/Squeaky-Bed
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    Actor Neil Patrick Harris Reveals Early Investment in Bitcoin

    Posted: 17 Jun 2021 03:47 PM PDT

    Processing Transactions on a Lighting Node

    Posted: 18 Jun 2021 01:57 AM PDT

    I've been reading up on running a full lightning node and am becoming ever-more interested in setting one up myself.

    One thing that sounds very interesting, though I can't find much information about online, is processing transactions through lightning channels. For clarity, I'm not looking to be profitable or make money on fees; I just want to do a small part in helping the global financial ecosystem.

    I have the following questions here that I'm hoping the community can help out with:

    1. Can any lightning node set-up process transactions, or do I need a certain level of GB for the raspberry pi, Micro SD Card, SSD Card, etc. to have a better/realistic chance of processing transactions?
    2. Does my lightning node need to be funded with BTC before it can process transactions? If so, do I need a certain amount of BTC on my node to have a real chance of actually processing transactions? Also, is there some sort of mathematical relationship between these two things (ex: if I have $1,000 BTC on my node, I can process up to $10,000 in transactions, but if I have $10,000 BTC on my node, I can process up to $100,000)?
    3. Does anyone have recommendations (articles, videos, etc.?) for where to learn more about processing transactions on a lightning node?
    submitted by /u/beige_coffee
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    “I don’t think there’s any other asset where every intelligent person who understands it, decides to do everything they can to make it more valuable.” -

    Posted: 18 Jun 2021 06:18 AM PDT

    Venture Capitalist Tim Draper Reaffirms His $250K Bitcoin Price Prediction by 2022

    Posted: 18 Jun 2021 05:26 AM PDT

    Lightning Network Capacity Breaks 1,500 BTC

    Posted: 17 Jun 2021 11:14 AM PDT

    Sichuan City Orders Crypto Miners to Shut Down: Reports - ("China bans Bitcoin")

    Posted: 18 Jun 2021 12:41 AM PDT

    Paraguayan Official Confirms: In July We Legislate Bitcoin

    Posted: 18 Jun 2021 05:24 AM PDT

    Top 5 Bitcoin Bulls and What They Have To Say About Bitcoin

    Posted: 18 Jun 2021 12:55 AM PDT

    I want to start using cold storage

    Posted: 18 Jun 2021 04:12 AM PDT

    I've been looking into putting my coins into cold storage, and I'm not sure what my best option. I like the they way that the Ellipal Titan seems to work, but I really have no clue what the best option is. Any advice would be appreciated.

    submitted by /u/FitFaen
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    Bitcoin Mining Council to Combat Negative Media Narratives – AronBoss

    Posted: 18 Jun 2021 03:17 AM PDT

    US Congressional Committee to Accept Crypto Donations | Crypto coin Updates

    Posted: 18 Jun 2021 03:01 AM PDT

    Fed Meeting Recap (Sound On ��)

    Posted: 17 Jun 2021 12:33 PM PDT

    3.1 Million Members.

    Posted: 17 Jun 2021 03:41 PM PDT

    This subreddit hit 3.1 Million members. Only few weeks ago we crossed 3 Million. Talk about network effect!

    A small milestone.

    submitted by /u/maniparusu
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    Michael Saylor Refutes the 'Bitcoin Is Bad for the Environment' Argument (short audio clip)

    Posted: 18 Jun 2021 05:15 AM PDT

    Bitcoin Must Be Accepted By World Bank, According To Charter

    Posted: 18 Jun 2021 06:21 AM PDT
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