4299 on GDAX
http://ift.tt/2yez4pJ Submitted September 30, 2017 at 08:03PM by Cryptorich13 http://ift.tt/2hDYS7I
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Showing posts from September, 2017
PSA: if your btcs are on coinbase during the HF and you withdraw them later, you will only get 2x coins, not btc
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Spotted this exchanger while on my way to Tsukiji Market in Tokyo
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Bam! Roger Ver and Olivier Janssens have been offered an opportunity to sell all their BTC for Segwit2X-BTC
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My 1st time buying IRL with Bitcoin sure was tasty!
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Jeff Garzik, 2012: "...90% [hash power] means nothing if nodes collectively refuse to accept and relay your blocks."
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Trace Mayer wants to make a bet for 25,000 BTC with Roger Ver (aka Bitcoin Judas)
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The fact that r/btc is pushing segwit2x tells you everything you need to know about segwit2x.
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woman trades 1BTC for pallet of USD fiat [circa 2021]
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Must-read Matt Corallo's comment to the SEC, regarding Barry's DCG's BIT and S2X-NYA.
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http://ift.tt/2yf7xoc Subject: File No. SR-NYSEArca-2017-06 From: Matt Corallo Sep. 11, 2017 I am Matt Corallo, a long-time developer of Bitcoin (around the 10th publicly recorded individual to contribute to the Bitcoin codebase), an expert on Bitcoin's operation, vocal Bitcoin advocate, and strong proponent of the availability of a Bitcoin Exchange-Traded Product (ETP). I have very grave concerns with the proposed rules for the maintaining of Bitcoin deposits and the lack of consumer protection in the event of Bitcoin Network rule changes in the current filings. As described in the S-1 filing for the "Bitcoin Investment Trust" (BIT), a "permanent fork" of Bitcoin may occur when two groups of users disagree as to the rules which define the system (its "consensus rules"). More specifically, such a "permanent fork" is likely to occur when one group of users wish to make a change to Bitcoin's consensus rules, while another group does n
Bitcoin Banks? U.S. Regulator Says Banks Might Soon Conduct Business Entirely in Crypto
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Mods should create and stick S2X thread to inform every newbie. This is an attack to Bitcoin. We need to act.
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List of NO2X Exchanges, Wallets, Brokers, and ATMs
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i've seen a lot of bitcoiners ask how to avoid segwit2x and the companies that support it. i've tried to include the most pertinent ones below along with their services: Company/Project Service(s) Bitcoiniacs (Canada) atm BitStop (US - florida) atm Bitcoin Brains (Canada) atm / broker Bitsquare [now Bisq] decentralized exchange LocalBitcoins * decentralized exchange Échange de Montréal (Canada) exchange Bitcoin Outlet (Canada) exchange Bitonic (Netherlands) exchange Flyp.me exchange QuickBT (Canada) exchange Walltime (Brazil) exchange Prasos (Finland) exchange / broker / atm Vaultoro (Germany) exchange / web wallet Holy Transaction (Luxembourg) exchange / web wallet Wayniloans (Argentina) lending platform BTCPay payment service provider myBylls (Canada) payment service provider Bitwala (Germany) payment service provider / bitcoin debit card Digitalbitbox wallet - hardware OpenDi
I was super bored so I created a paper wallet design mimicking a credit card
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Blockchain in the USA: Trump admin declares commitment to blockchain, government uses
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Today is CRYPTO IS CURRENCY DAY! Support vendors who HODL! Here is all you need to know about OpenBazaar, the decentralized bitcoin marketplace.
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Why Segwit2x would be a government takeover of bitcoin
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Because a small group of corporations subject to full government financial regulations will have taken over the project. This sets a dangerous precedent. It sets the precedent that this well regulated group of corporations now 'control' the bitcoin software with cooperation of a group of miners. Having set this precedent once, governments can then legally compel them to add full AML/KYC, blacklists, and whitelists, to the network. They can no longer claim 'we can't do that' !! If they demonstrate they directly control bitcoin just once, that means they own it forever. It is a bell that cannot be 'unrung'. This is irrefutable and anyone who has read the history of PayPal (which originally intended to be much more like bitcoin) can see it is true. For those who don't know: AML stands for 'anti-money laundering' KYC stands for 'know your customer' Whitelists are pre-approved users of the network who get preferential treatment (co
Do NOT support segwit2x. It will eliminate input from the core developers.
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Dr. Adam Back: "segwit2x is very likely to degrade into "paypal2.0" permissioned bank. those unaware of history/too stubborn to learn, are doomed to repeat."
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Andreas posted this about ICOs this evening. Check it out.
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Take the 2X fork seriously. It's the biggest threat to #Bitcoin so far. Major players are in on it. Prepare. Educate people. Stay strong.
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Let's be honest: ICOs=cancer
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This post is in preparation for all the "X country bans ICOs" that are coming in the next days/weeks/months. ICOs are cancer because they are not really serving the purpose of "funding new and innovative projects" they are mostly unnecessary tokens sold by people wanting to enrich themselves fast and bought by mainly: 1) naive people 2) people wanting to make a quick buck from naive people Long term, it is good for Bitcoin to reduce the absurd dilution of the "digital value token" space that ICOs bring to the table without providing anything really innovative or worthwhile. Now, you're free to upvote/downvote according to your ICO token holdings at this moment in time. /rant Submitted September 29, 2017 at 08:48AM by bitcoinexperto http://ift.tt/2hAwByV
The smallest unit of Bitcoin (0.00000001 BTC) is worth 1 Venezuelan bolivar, a currency used by 30 million people.
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Bitcoin Goes Past $4,000, Again! Next Stop $5,000?
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Rodolfo Novak [NO2X]: One of the greatest side effects of Bitcoin fork wars is how it reveals all parties true incentives.
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Alan Silbert: Your periodic reminder not to trust Craig Wright or anybody associated with him:
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So Coinomi's official response on the vulnerability I posted yesterday was that it's not a vulnerability and I'm just a "hater" spreading FUD
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HitBTC exchange is the first to support SegWit
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Segregated Witness is supported on BTC deposits and withdrawals! Here's our announcement . All outcoming transactions are sent in SegWit format. Enjoy low fees and high speed transactions! To start receiving SegWit deposits, you would need just to generate new Bitcoin address. Your old address will remain active as well. Try HitBTC Submitted September 28, 2017 at 06:42PM by hitbtc http://ift.tt/2k5y4hn
I just helped my coworker send some money to her family via Bitcoin in Venezuela! A few months ago she was laughing at me about it, now it's helping her family buy food and water. Bitcoin really is amazing!
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[Segwit2x attack] Here Jeff Garzik is trying to hide 2X nodes
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An open letter to Erik Voorhees
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Dear Erik I am writing to you because I think you value user financial sovereignty and therefore I do have some hope, I think you can be persuaded to change your mind and support user sovereignty. I kindly ask that you leave the NYA, and support an alternative hardfork proposal that, respects the rights of users to choose. Bitcoin is fundamentally a user currency, individual users are sovereign and free to decide to opt-in to Bitcoin. Governments, businesses, miners or developers cannot impose changes on Bitcoin users. Ultimately users are the final decision makers when it comes to hardforks. Individual users are able to verify all the rules and reject coins that do not comply. This is what provides the financial sovereignty. If users do not do or cannot do this, financial sovereignty is lost and Bitcoin then has no unique or interesting characteristics compared to the US Dollar. It is naive to think that if individual users do not verify and enforce the rules, that one day a govern
*Must read for newcomers* My friend worked in the Bitcoin industry (broker) for a couple of years and has been involved in the crypto world since 2014. This is what he had to say about the recent politics of btc when someone asked him on our crypto trading channel
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(He first sent this article http://ift.tt/2yrPAPq , then followed up with this reply when someone told him he had no idea what he just read) "There was a big scaling debate and in the end there were two sides. Those that wanted to scale using bigger blocksize (short term solution that doesn't work long term and also causes more centralization) vs those who wanted to scale using changes in the code to make the network more efficient aka SEGWIT+second layer scaling solutions (bitcoin becomes massive settlement layer, and second layer solutions can take care of verifying your $3.25 coffee payment). On the big block side you had (most) miners because they were only able to see the short term benefits of increased blocksize and they do not care about network centralization. Also, a chinese miner controlling a sizeable chunk of the network's hashrate had access to (and was in the process of patenting) this technology called ASICBOOST which is an exploit in bitcoin code that a
Breadwallet becomes Bread, a decentralized financial institution
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Spam attack: “Six or seven pools have played a major role in stuffing blocks with spam transactions,” LaurentMT said. “And charts display what looks like a coordination between these pools.”
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Bitcoin ‘More Than Just a Fad,’ Morgan Stanley CEO Says
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Just dropped my sons college fund into bitcoin. A solid 30 bucks! To the moon bitches
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It's like China never happened! To The Moon! 4K↑↑↑
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John Newberry, current highest commit core dev, unassociated with Blockstream (like almost all the other core devs). His take on core and why he has decided to work with the project.
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Charlie Lee puts his weight behind No2x movement
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Our honeybadger in it's natural environment, today it gives no fucks.
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Anyone who thinks developers will work on segwit2x/NYA hasn't been paying attention
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It is time to call off NYA/segwit2x and work together to scale Bitcoin to compete against Fiat. Please.
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The NYA/segwit2x proposal has a number of technical issues and pretty big due care problems, but I consider the biggest issue the circumstances and thinking - to me it's surprising that a few company folks don't see that meeting in a hotel room to impose a change on Bitcoin would be controversial to users and the ecosystem - bitcoin is a user currency, and the properties that brought all of us as users and entrepreneurs to Bitcoin and that give it value inherently rely on user and ecosystem agreement and decentralised process in Bitcoin. Imagine Bitcoin had been started by a startup with a CEO and some VC funding. It would have been killed with prejudice in 2010 or whenever the first geo-politically interesting test came. On the eve of the various China bitcoin news problems our Chinese bitcoiner friends are working through - I would think the reason why pivoting change discussion away from an open ecosystem discussion to a few companies is a problem would become very appare
Jpm calls Bitcoin fraud... Gets prosecuted for... Fraud... LOL
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NYA signers love to say we're on the same side. We are not. If you're pushing a contentious fork that will harm #Bitcoin, you're an enemy.
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If Coinbase.com commits to the 2x chain, I may have to seek another exchange.
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If Bitcoin hits $100K, I think I care less about being rich than I do about rubbing it in everyones face that kept calling it a scam.
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"The NYA primary goal was to avoid network split. Unbelievably, NYA signers managed to cause two splits... Great strategy! Useful MBAs!"
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45 companies supporting 2X, 32 of these companies owned by DCG.
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Early Facebook exec turned early Bitcoin investor: "nobody can stop Bitcoin"
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Vinny Lingham: Segwit2x is not about increasing the block size, it's about removing "Core's" access and control of the Bitcoin repo to a group who believes that [Core] are technically sound, with no defined leadership, are unwilling to compromise and are a law unto themselves.
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"If Bitcoin is subject to backroom takeover then it has failed, and we wouldn't waste our time improving & protecting a failed system" G.Maxwell
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Huge: Multi-billion dollar gaming company Nexon acquires Korbit, South Korea's second largest crypto exchange
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Qr code made from 130,000 trees. Who is gonna be the first person to to create a giant bitcoin address?
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British Airways have really upped their in-flight shopping options.
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0 fee transaction finally got confirmed after 43 hours :)
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CBS's Showtime caught mining crypto-coins in viewers' web browsers
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Nicolas Dorier on Twitter: "I need people wishing to migrate from Bitpay or having an open source alternative to help testing." (Link)
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Just got my new shirt printed by u/Th1nkpatriot from u/tryingtodoarts design. LOVE IT!! Thanks r/bitcoin for having an awesome community!
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European Central Bank President Draghi: "It's Not Within Our Powers to Prohibit or Regulate" Bitcoin
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Turkish man gives wedding pair Bitcoin as wedding present
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One of the biggest ISPs in Bulgaria now accepts Bitcoin!
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Cooolbox, one of the best ISPs in my city - Plovdiv, now accepts Bitcoin! Unfortunately they use BitPay as a middleman but its still a great thing that adoption is increasing. Furthermore, they displayed an add on their homescreen! That means everyone who turns their TV on in the next few days will see that Bitcoin is now accepted. Hopefully more people will realise that its not a "scam" , "pyramid", etc but a legitimate payment network and a currency. Submitted September 25, 2017 at 09:23PM by Kalin101 http://ift.tt/2fMMI8E
Which are your recommended Bitcoin wallets in 2017
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What do you use as your favorite bitcoin wallets and why? As things have progressed very much in the last years, I know that some wallets have fallen out of the spotlight (eg Multibit with their "developer fee" when making transactions). I'm also aware that many new online & mobile wallets have popped up. So which are your best bitcoin wallets in 2017 and why would you recommend using them? I'm curious to know which wallet people advise for each use-case and security level. Are there any wallets that people should completely avoid using? Submitted September 25, 2017 at 05:01PM by Testamur http://ift.tt/2yBpPgx
China’s LocalBitcoins Sets an All-Time Trading Volume Record
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Draghi says: It's not in the ECB's power to prohibit or regulate Bitcoin
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korea's #1 app Kakao launches upbit.com - crypto trading app
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"Should we run away from gold to buy bitcoins?" says the number 1 economic magazine in Switzerland on its front page today.
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LON is the first Bank in Slovenia(world?) to implement Bitcoin on their ATMs (Video in Slovenian)
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The Economist on Twitter: The technology behind bitcoin could transform how the economy works
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Someone said, "Don't purchase stuff with bitcoin cuz we have to hodl Bitcoin." That's terrible mindset.
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"When Bitcoin hits that million your coffee will have been $10,350." "That pizza gonna be $46 million dollar pizza in the future" "Just hodl bitcoin. Don't buy something with it" Please, don't say that. That's terrible mindset. It makes other people misunderstand. If you don't want to lose bitcoin before the price goes up, you just buy more bitcoin before or after you purchase something with bitcoin. Or sell your house for buying more bitcoin. The real value of bitcoin depends on how many transactions that purchase with bitcoin. If nobody purchases anything with bitcoin, bitcoin will become worthless. Hodling or storing bitcoin never help the community anyway. We have to promote trading bitcoin and purchasing with bitcoin. I recommend purchasing with bitcoin at the store that discount when we paying with bitcoin. That's helping the store, help the community, and help the buyer at the same time. Submitted September 25, 2017 at
Remember this fact: Bitcoin's supply is ever decreasing, while demand is exponentially increasing.
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Me now that I'm trading in four different currencies
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Stop the FUD: Bitcoin is BOTH a Store of Value and a censorship resistant System of Payments
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This arguing back and forth between prominent Bitcoiners of whether Bitcoin is a System of Payments or a Store of Value is a False Dichotomy. For example. Here is Tone Vays saying Amazon shouldn't add Bitcoin because the "people at Amazon are also smart enough to know that Bitcoin is not ready for this technology till lightning." Tone Vays is just speaking pure BS here. Bitcoin can be, and has been used as a system of payments since the Silk Road and the selling of Alpaca socks. Had it not been for the dark net markets and retailers such as Overstock accepting Bitcoin, it's doubtful Bitcoin would have the value it has today. Bitcoin is worth sending as value because people accept it as payment for many things. And many people accept it as payment because it has value that is independent of the monetary policies that control FIAT money. It really is silly to see so many Bitcoin developers, users, and other argue about this night and day. Bitcoin is BOTH. These tw
I almost threw up all over the table when I saw that photo. How can we fix this?
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Bitcoin is going mainstream because those weird people at work are all of a sudden talking about it..
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after years of talking about bitcoin, i am finally overhearing people at work talking about bitcoin.. its feel so strange.. what is funny is listening to my co-workers talk about the same thing i was trying to tell them years ago.. it's like they are trying to convince me what bitcoin is all about.. my family & friends have yet to ask me about bitcoin.. in 5 years.. no one is going to believe i have 1 whole bitcoin.. let alone more then 1.. maybe it's time i start trying to blend in with them.. "i wish i could've got in early" it's slowly starting to go mainstream.. Submitted September 25, 2017 at 01:33AM by snowball600 http://ift.tt/2y2ptCy
Australia is moving up in volume (now at #6 with ~3%). Un a few days it may leave China behind (now at #4 with ~3.7%).
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"We are beginning to see in Venezuela... potentially the first bitcoinization of a sovereign state" | CNBC Video
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Bought a SIM card @ Bic Camera (Osaka) today w.BItcoin (5sats/b) Retailers still need your support Folks!
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Moving to Europe for college with zero FIAT but Bitcoin. This is why I bitcoin
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I'm moving to Europe for college, my tuition, accommodation and all expenses are safely stored in Bitcoin and I'll exchange for FIAT when I arrive. I'm not going to worry about card limits et al and no risk of getting robbed or losing my wallet. This is why I Bitcoin. Submitted September 24, 2017 at 04:16PM by batosila http://ift.tt/2y18SPl
More than 50% of American millenials likely to invest in bitcoin reveals LendEDU Study: 78.6% of Americans have already heard of bitcoin.
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The Segwit2x silence is strange...
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So BTC1 has the same 187 nodes while the number of Core nodes is increasing (now at 6810). The mailing list is totally silent and there is no code on GitHub. What's happening here? Could they be preparing some kind of surprise? Submitted September 24, 2017 at 02:48PM by myquidproquo http://ift.tt/2wKN2zs
Someone is going to become a millionaire by making a "Bitcoin browser." (A "Tim-Berners Lee" moment.)
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We're going to see a “Tim Berners-Lee moment” soon that completely demystifies Bitcoin for the mainstream user in the same way Tim demystified internet access by inventing the browser. Whoever does this is going to make a blind fortune. At the moment, the public is extremely confused by Bitcoin. “Is it a real coin as well as digital? What is a blockchain? What on earth is an eWallet? How to I change my $ into Bitcoin? It is also incredibly convoluted to use. What's desperately needed is an app that's as simple and easy to use as a browser , then Bitcoin will go mainstream with explosive speed. The bottom line is that users simply don’t need to know what a blockchain is, what eWallets and paper Wallets are and how they work. Truth is there's no money in the eWallet, it's all in the Blockchain so the ‘wallet’ term is stupidly confusing. Nor do they need to know about private and public keys either. That's like needing to be a qualified mechanic to own and dr
OTOY CEO: To Stop Bitcoin You Would Have to 'Shut Down the Internet' (CNBC Video)
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So I was at a family BBQ today and...
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I go to a relative and say "yeah man I've invested some money into Bitcoin". And the relative turns to me and says "man don't invest in Bitcoin, I heard they are going bankrupt soon" Needless to say, I laughed so hard and I'm still laughing as I type this. Submitted September 24, 2017 at 07:05AM by crypto-jay http://ift.tt/2xn9GO0
James Altucher (the guy spreading Amazon rumor) is a con artist
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Jeremy Corbyn just had a rally 3 minutes from my home. Of course i had to make a 'Buy Bitcoin' sign.
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JoinMarket release 0.3.1(!) Supports segwit, has a GUI client, Electrum plugin, more stable scripts.
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Luke Dashjr on Twitter: "I wonder at what point CEOs become *personally* liable for fraudulently passing off altcoins (like 2X) as bitcoins."
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https://twitter.com/LukeDashjr/status/911519329472172032 Specifically pertaining to the 2x fork without strong replay protection (which is an attack), care to share some thoughts on why you couldn't become personally liable for "fraudulently passing off altcoins (like 2X) as bitcoins" or damages? /u/evoorhees /u/jgarzik /u/spair /u/bdarmstrong Submitted September 23, 2017 at 03:04PM by bitme123 http://ift.tt/2xvOS6a
Big time article in Wall Street journal today.
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WSJ has a glowing interview/article with Balaji Srinivasan about the future of Bitcoin. Nothing about a bubble, nothing about frauds or scams. This is a tacit endorsement by the best financial paper in the world. The paper describes bitcoin and the blockchain in general as the "internet of money" and describes how it is revolutionizing everything in finance. It goes on to describe how China is trying to manipulate bitcoin in order to facilitate their own currency tied to the renminbi, or to capture bitcoin for themselves. WSJ explains how china created the great firewall shortly after the internet was invented, and now they're trying to do the same with blockchains and crypto... China isn't banning bitcoin. They plan on regulating it themselves. This is the most positive sign I have seen around bitcoin in a long time. Wall Street journal putting out a positive article about BTC is a huge progress. Submitted September 23, 2017 at 09:20PM by Turbodiesel67 http://
Bill Gates wasn't joking when he said Bitcoin was better than Fiat Currency
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If you want you can NOW pack your bag, buy a plane ticket, and move to another country to start a new life, no bank transfers, no forex fees, no questions asked... Just a paper with your private key.
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First they ignore you, then they laugh at you, then they fight you and then you win
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Bitcoin on the front page of London City AM newspaper
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First atomic cross swap between Bitcoin and Decred was made today!
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According to James Altucher, Amazon executive Scott Mullins confirmed Amazon will accept bitcoin by as early as October
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Market stall accepting bitcoin in Surry Hills Sydney
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Today, for the first time ever, there was a line to use the Bitcoin ATM
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"Just met with 20 Swiss bankers, from one firm, ALL of their clients are asking about crypto. Oh, and no one in the room owned any yet"
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We couldn't take money out of politics, so we took politics out of money. #Bitcoin
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Folks, forget about the price and Dimon etc, let's focus on fully neutralizing the 2x attack.
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If only bitjihad run their 2x nodes there should be no problem, but it's SUPER important right now to reach out to every non reddit / twitter using btc user and make him secure his coins. Theres popular wallets like Breadwallet which are fully open to attack afaik, let's get this sorted and then we can have fun while Jamie asks for another bailout in the upcoming fiat shitshow. Might also be important to keep a call to arms ready on old miners if hashrate looks dicy. This is the djstributed responsibility that BTC is about and it's time to get busy doing what it takes to go to the moon. Cheers ! Submitted September 23, 2017 at 01:06AM by capkirk88 http://ift.tt/2xu714g
GMO Internet Group, a large corporation based in Tokyo, declared its investment plan: the company will place $320 million in the development of next-generation mining microchips. The company believes in the Bitcoin's huge potential that is a reason for such their decision.
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Asking a banker about Bitcoin in 2017 is like asking a horse breeder about automobiles in 1900 - innovative technology is unstoppable and changes the world faster than most think
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Bitcoin is not a fraud – it’s dotcom 3.0 - MoneyWeek
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Bitcoin Developers Reveal Roadmap for 'Dandelion' Privacy Project
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Bitcoin is currently more popular then Justin Bieber... we made it guys.
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Asking a J.P. Morgan CEO what does he think of bitcoin is like asking a cab driver what are the advantages of Uber
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Samson Mow on Twitter: Currently many miners in China are angry about the potential 2x split. They're demanding refunds from Bitmain on hardware pre-orders. #No2x
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Do NOT use bitcoin cash. 51% attacks are trivial at this point, reversing any number of confirmations.
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Bitcoin has the safest network in the world. Compare this to current situation of bitcoin cash: Hashrate is gone. Any small mining pool can 51% attack and reverse any number of confirmations . Do NOT make large cash transactions involving bitcoin cash. Submitted September 22, 2017 at 12:59AM by Markers34 http://ift.tt/2jP2unV
Major Japanese Travel Agency Accepts Bitcoin and Offers Bitcoin-Exclusive Deals
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If you are in any way publicly involved in cryptocurrency, consider yourself an active target. You need to immediately audit the security of your accounts – especially email, social media, social networking and mobile phone
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Does this concern everyone who posts about Bitcoin here, on their blogs, on twitter etc... I mean I have everything offline in cold storage, I have 2FA on everything, but I'd still rather not have a hacker take my phone number and install keyloggers on my PC just for the hassle of it. From http://ift.tt/2w4KeK0 Submitted September 21, 2017 at 11:47PM by sudomatrix http://ift.tt/2hl0J0Y
"LedgerX will list the Bitcoin Futures Exchange Contract on no earlier than October 4, 2017! WALL STREET IS ALMOST HERE!"
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David Bowie is a crazy person who thinks the internet is going to completely change how we buy and listen to music. What a loon!
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Charlie Lee: I have a trusted source that says that there's no truth to China banning mining or network.
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Hahahaha: SEC Admits US Public Filing System Was Hacked, "May Have Resulted" In Countless Illegal Profits
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Bitcoin Futures-Based ETF Likely to Be Approved in the U.S.
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2X isn't going to happen. There won't be another bitcoin fork this year. Don't believe the FUD circulating everywhere.
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Jamie Dimon faces market abuse report after his comments about bitcoin
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"10 years from now - it's 2027, we'll look back and say, how did the financial system not see all this coming?"
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AMA request: Anyone who's bought/sold Tether directly from Tether since late April.
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With all the China drama I feel like this issue has fallen off the radar a bit, but it occured to me today that I've not actually seen any reports by people who said they'd bought Tether directly. There's statements from Tether/Bitfinex employees who say that they are processing wires for some corporate clients, as well as comments like this one claiming that they have more money coming in every day than going out, but I've tried and failed to find any recent examples of users who say they've either bought or sold Tether directly to/from Tether (as opposed to on Kraken etc). Given that $120 million in new Tethers were issued in less than two weeks recently, I'm surprised that I couldn't locate any confirmation of anyone actually buying USDT from the issuer. Is anyone here aware of any users here or elsewhere (I've searched reddit and on bitcointalk) who have bought Tether directly recently? Submitted September 21, 2017 at 01:40AM by SpeedflyChris
Jamie Dimon faces market abuse report after his comments about bitcoin
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Jamie Dimon faces market abuse report after falsely calling bitcoin a fraud
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It's becoming clear big biz @xapo/@coinbase/@BitPay prefer a centralized predictable model like @PayPal, not #Bitcoin's decentralization
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Watch your bitcoin. "I've been offered as much as 1 BTC per tweet to promote questionable ICOs. Something to keep in mind when you see folks pumping such ICOs."
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Russian Governor Invites Cryptocurrency Miners to Set Up Mining Farms in Leningrad - Bitcoin News
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"Those who would sacrifice self sovereignty to gain scalability shall ultimately have neither."
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World Wide Web Consortium abandons consensus, standardizes DRM with 58.4% support, EFF resigns
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Venezuelans are farming runescape gold to sell for bitcoin
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We are badly dropping the ball regarding the coming S2X attack, please don't get complacent just because the previous attacks have failed, this one is different (it has many powerful Bitcoin companies and most miners behind it). Here's what to do:
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Let's keep the pressure on these companies still supporting S2X Another source From /u/jonny1000 comment: I kindly ask all members of the community to join the fight against 2x. We must do whatever it takes to make sure the hardfork is safe. Please contact the NYA signatories and ask them to either demand 2x is made safe or abandon it: bitFlyer - http://ift.tt/2wG9hSm ANX - http://ift.tt/2xmySTP Bitfury - http://ift.tt/2f2IwDg BitPay - http://ift.tt/2xmyvZx Blockchain.info - http://ift.tt/2kX0cSB BTCC - http://ift.tt/2d5HSkG Coinbase - http://ift.tt/2beCzg5 ShapeShift - http://ift.tt/2aCAAH3 Let them know that as implemented, 2x is dangerous and that is not what they signed up for. If these companies want to fork away, that is fine, but they should do it in a safe way that respects those who choose not to follow them. Let the NYA signatories know that the person who proposed the idea, cited in the NYA, supports making the hardfork safe ( http://if
Bitcoin and Ordinary People: This Is Gonna Be Hard Work
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My father is a retired high school economics teacher. He has previously sort of gently made fun of Bitcoin, but I have to admit in a reasonably sophisticated way. He said it would only work if people started exchanging "real money" for it at exchanges... Well... here we are then. So at last tonight we had a LONG chat about Bitcoin and how it actually functions as a system. No the economics, the technology. I managed to get him on board with the blockchain, with mining, with the halvening, with how there will only be 21 million (well, actually only not-quite-21-million), etc etc. He is definitely the oldest person I know, at 71, who has not just gone "pffft what a load of crap." Reassured by external data - the current price - he now understands that it is real and it can work. He accepts that the design is self-consistent and that it has features that allow it to function as money. Now all I had to do was explain the details. I took him through Satoshi, the ge
Nick Szabo the guy that invented bit gold that satoshi implemented and called bitcoin calls Ver and Jihan jokers.
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Another 100,000 signups at Coinbase in the last 48 hours
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Coinbase has a rough counter on the website with the no. of signups. It was at 10,400,000 users about 48 hours ago, and now it's at 10,500,000 http://ift.tt/1vKqOn7 That's a football stadium full of people. New signups. I think that's kind mind boggling. Submitted September 20, 2017 at 07:43PM by bitbat99 http://ift.tt/2fAA0dh
Bill Blain: "We’ve Heard JPM Traders Bragging In The Pub How Much They’ve Made From Bitcoin"
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US bank CEOs are likely 'very afraid' of bitcoin, says wealth advisor
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Shop with Bitcoin - New app for browsing Bitcoin accepting websites
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NoFiat is an app for browsing online stores that accept Bitcoin, and compare real-time buy & sell prices between exchanges. The app is free, and without ads! Contribute by adding websites via the app (or comment here). Screenshots 1 , 2 , 3 Android app - Play store iPhone app - coming soon (still being verified by the app store) Submitted September 20, 2017 at 01:19PM by cstocks http://ift.tt/2xQgT9B
Brave Browser now blocks coin mining scripts in the background
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r/Bitcoin is averaging 1,200+ new subscribers per day
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Bitcoin Core 0.15.0.1 binaries available - minor bug fix
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We don't need bigger blocks, we just need to get rid of Jihan and his BS tactics
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CEO of BTCC!! "Bitcoin price is resilient b/c its value doesn't come from Gov't Acceptance; its value comes from failure of fiat money system."
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"China banning crypto is hilariously the best ad for Bitcoin possible"
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JP Morgan buys bitcoin after CEO calls it a fraud.
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I'm sending informative letters to atleast 100 shops and bars in my area about Bitcoin.
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So I was going to the pub the other day and was talking about Bitcoin (once again) to my friends, who still do not own any of the cryptocurrencies. I was jokingly asking the bartender if I could pay my beers with Bitcoin. He answered me that he would take 1 BTC for my order (3 beers) and I replied back “Any idea how much 1 BTC is worth right now?” He said: “Yeah about 1000 EUR or something?”. At that time it was worth 4000 EUR. So I explained him how and why it is getting so much attention, why it is at 4000 EUR and not 1000 EUR anymore, why it's so easy to use and he was really impressed and interested. I feel like this conversation gave me a boost to promote cryptocurrencies in general to other people. So I’ll be sending a letter to all the local bars, restaurants, coffee shops, barbers, candy shops, butchers and bakeries etc to let them know about Bitcoin. What it is, what it is going to be in the future, how you can get it and how to spend it, etc... Any suggestions I shoul
Why so many of us are saying the China ban is 'good news'
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A lot of people don't understand why many of us are saying the China ban is 'good news'. You need to understand one thing. This was 100% guaranteed to happen! Most of us are entirely shocked that China ever let things get as far as they did; but we are hardly shocked that it has happened now. When bitcoin is tiny, it is not perceived as a significant threat. As it grows ever larger, it becomes a larger and larger threat to the powers that be. As bitcoin continues to grow, it will begin to threaten entire national currencies. You don't think there will be a backlash? There will be. It will threaten numerous multi-trillion dollar businesses, they will (and already are) fighting back. This is a war people. If you didn't realize that getting into it, well you didn't understand exactly what we are trying to do. The China ban was inevitable. However, there are consequences, most of them pretty damned positive. Many people in the bitcoin community lost the plo
China Bans Bitcoin Executives From Leaving the Country, Miners "Preparing for the Worst"
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UK Jeweller becomes first diamond dealer to trade in Bitcoins
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how realistic is hyperbitoinization?
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How realistic is hyperbitcoinization (a tipping point where people start a rush to exit fiat for bitcoin in a fiat devaluation event http://ift.tt/1mLj7dy ). Let's look at some global monetary and gold statistics. Some talk about bitcoin perhaps one day matching or passing gold market cap. http://ift.tt/2wDERQo at $4400 which Bitcoin has been above for some of this month, it already reached around 1% of gold market cap. But what other global targets are there for comparison. Globally, all paper currency and coins are valued around $5 trillion - at $4400 Bitcoin was already 1.5% of that. Paper currency plus bank balances and savings value around $90 trillion - so if Bitcoin got to $50k/BTC (10x recent bitcoin highs) bitcoin would be valued 1% of all money! So where is the tipping point - where people sit up and take notice - I'm not sure, but 1.5% of all physical currency is already pretty interesting. What happens if/when Bitcoin gets to 10%? Which then gets within reach
Australia (Finally) Introduces Bill to Kill Double Taxation of Bitcoin
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Today the first 2 blocks with more than 10% Segwit transactions were mined! Awesome
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The price of Bitcoin has a 91% correlation with Google searches for Bitcoin
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China is going to ban peer-to-peer trading too. Mining will probably be illegal. Access to the foreign exchanges will be blocked with China's Great Firewall.
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If you do the math, a single BTC is more than 200 times rarer than an ounce of gold.
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REUTERS: JPMorgan handles bitcoin-related trades for clients despite CEO warning
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mental adjustment to self-sovereignty. control your private keys. run your own economic full node. take good backups. you're in charge now
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How many of the Segwit2x signees have implemented Segwit so far? Thought they all needed lower fees now! But suddenly it's not a priority?
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Canada flagged as hidden $14 trillion credit bubble stokes global crisis fears
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Mixed Messages Fly as JP Morgan Posts Job Ad for Blockchain Technician
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Haipo Yang (Founder and CEO of ViaBTC): "Technically, China can't ban bitcoin traffic, we have our own sync network. But if China gov say mining is illegal, we are fucked."
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Building Your Own Bitcoin Satellite Node: Part 3 — Dish Alignment
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The number of BTC1 nodes (NYA) has been flat since July, at 2% of total node count. It doesn't represent the community! Say #No2X!
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Bitcoin price bounces back by nearly $1,000 as market moves on from recent drama
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Why is China dominant in Bitcoin mining? We look at the massive hydropower boom in China over the last 10 years and how Bitcoin mining could be the inadvertent beneficiary of over investment in hydropower, linked to aluminum production, in remote regions in China
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3.5 hours ago 14 megabytes of 100-140 sat/byte transactions randomly appeared.
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If bitcoin hits 4000 today, someone owes someone a sofa/soda
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Just caved and bought $600 in bitcoin, my first! I'm ready to HODL!
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Erik Voorhees blocked me on Twitter, for correctly pointing out he has not honored his commitment (in writing), to ensure all hardforks are safe by adding replay protection
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Erik Voorhees signed the following statement: Some exchanges intend to list BTU and all of us will try to take steps to preserve and enable access to customers' BTU. However, none of the undersigned can list BTU unless we can run both chains independently without incident. Consequently, we insist that the Bitcoin Unlimited community ( or any other consensus breaking implementation ) build in strong two-way replay protection. Failure to do so will impede our ability to preserve BTU for customers and will either delay or outright preclude the listing of BTU. Source: http://ift.tt/2nwalb8 After committing to this key safety feature, of strong to way replay protection, he has now backed out of the agreement. Erik now supports 2x, which does not include strong replay two-way replay protection. Erik then tried to twist the meaning of words saying 2x was not "consensus breaking", since it has consensus. This is clearly not what the commitment means, it uses the words conse
My father has recently fallen in love with Bitcoin and has started painting Bitcoin art themes, I present to you his first: "The Bitcoin Bull" by Ludvig Manukyan. More info in comments.
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Bank of America closed my accounts
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Tried to login into my mobile app one day last week, and found that my account was "locked." Hmm that's weird. Called up, entered my debit card number on the cust. service line, "We're sorry, that doesn't appear to be a valid account." I eventually spoke to 3 different departments, who told me that my account was being closed due to "risk" and there was "nothing they could do." They also couldn't tell me why. But not to worry, I could get the funds that were in my account within 10-15 business days. Andreas Antonopoulos said in one of his videos that in many places in the world, you could wake up, and with the flip of a 0/1 in a database, you no longer have access to your money. I foolishly thought, I'm in the US, I'll never have that problem, right? My situation was eventually escalated to the point where someone could tell me what was going on. Apparently, B of A read a number wrong on a perfectly valid check I
McAfee: "Heading to India until the China war with cryptocurrencies is over. Heading to India, China is done!"
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Breaking news: China is banning Pythagora's theorem, Maxwell's equations and the laws of thermodynamics
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China isn't at "war" with crypto. They're trying to make it work for them.
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Anti-Chinese memes are fun and all, but I wanted to give you guys a clearer picture about what's happening in China right now. China has a history of trying to legislate around free-market economies in a way that doesn't impede the market but still works for them. When Hong Kong was ceded back to China in 1999, China made Hong Kong a separate economic zone , thus allaying fears that China would kill one of the world's most important market economies. This is exactly what's happening in China right now. the PRC is trying to make Bitcoin work within the Chinese economy. They are NOT trying to kill a thriving economic market. Exhibit A: China isn't shutting down exchanges, they're forcing them to get licensed. That means all exchanges will have to conform to stricter guidelines about accounting and tracking, which might not please the crypto-anarchists but does mean a lesser likelihood of a Chinese Mt Gox event. What we're seeing right now is a transition
CryptoCompare shows that Japan accounts for over 50% of all bitcoin trades. Chinese traders have already moved to Japan. China less than 7%.
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"Holy cow, this is HUGE! Bitcoin in the Browser: Google, Apple and More Adopting Crypto-Compatible API". -Marc van der Chijs
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One of South Africa's largest retailers is running a Bitcoin payment trail. This is big!
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Most people know the drill at this point. Don't sell. There are a small group of people attempting to manipulate the exchanges. Ignore them. They are attempting to steal your money.
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don't sell more bitcoin than you can afford to lose. some thoughts on HODLing strategy.
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Do not sell all of your bitcoin holdings on what you speculate is a local peak, because you don't know when the local peak is, macro you are operating on your long term thesis that bitcoin is digital gold and long term target is much higher. Selling all at what you guess is a local peak, can go against you - then you end up holding no bitcoin because you sold it all, and price doubles, never to return. This is what people are talking about when they say they learned the hard way. Then you are no longer a bitcoin holder or you buy back at a higher price and have 5x instead of 10x. Generally day trading a slow exponential random function with high volatility is high risk - statistically you will lose. If you want to guess news-flow do it with a small part like < 10% so you still have 90%+ in long term holdings that you do not touch, in years, if you guess wrong! Anyone who has day-traded regular stocks will tell you news-flow is hazardous, even when you get the news that you bet
Electrum on Twitter: Please do not spread fake news! Electrum 3.0 is not released yet. ETA is about two weeks.
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One of the largest retailers in South Africa now accepts Bitcoin!
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There are already 10x more Core 0.15 nodes running than Segwit2x
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Satoshi:0.15.0: 1185 Satoshi:1.14.5: 126 Source Notice the intended confusion in the user agent created by u/jgarzik , using Satoshi:1.14 instead of something like Segwit2x:0.14 or Bitcoin2x:0.14 . Same name, higher version number: For noobs it looks like the new stable version of Core. Submitted September 17, 2017 at 02:32AM by amorpisseur http://ift.tt/2ygINsy
Jamie Dimon's remarks about his daughter.
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Does anyone else take issue with Dimon saying that his daughter now thinks she's a genius because her bitcoin value went up? He makes it sound like the thought of her making a good investment decision is ridiculous. If you watch the video, he even gets the crowd to chuckle. Imagine bragging to your parent who is a top executive at a major investment firm on how you made a +100% profit on an investment and then having that parent go on national tv and saying, "...and now my kid thinks they're a genius!" Way to boost that self-esteem! Edit: words Submitted September 16, 2017 at 08:25PM by cryptogato http://ift.tt/2wwPPY7
The Pirate Bay is secretly running a Bitcoin miner in the background, increasing your CPU usage
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China is attacking bitcoin. Recent government crackdown on Bitcoin should be a wake-up call that Bitcoiners need to stop fighting amongst themselves. Keep bitcoin robust!
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Julian Assange: Why all freedom loving people and states need Bitcoin
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US bill has been made to remove taxes from BTC transactions under $600
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Adam Back: Might be a useful moment to reflect on widely underappreciated comment "Bitcoin depends on censor-resistant bandwidth"
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Someone just bought $10 mil worth of bitcoin at $3620....
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Trading logs showing JP Morgan bought thousands of BTC yesterday
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Despite pullback, Bitcoin prices remain resilient
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How I feel as an former trader and current HODLer:
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A few centuries ago, China banned a major decentralized system that was used for peer-to-peer international transactions (maritime trading). The ban (海禁) has reduced the international influence of China, and made China so weak that European countries eventually colonized it.
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Coinbase signups increased by 100,000 users to 10.3M users in last 3 days. That's 1.388 users per hour.
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I'm casually keeping track of the signup counter at Coinbase, Sep 16 : 10.3M Sep 13 : 10.2M Sep 8 : 10.1M If my calculations are correct, if we hit 88 miles an hour that's a shitload of people signing up. Edit: 1,388 not 1.388 Submitted September 16, 2017 at 03:16AM by bitbat99 http://ift.tt/2whyN4W
South Florida car dealership now accepting Bitcoin for vehicle purchase!!!
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Fuck a savings account, I'm gonna start throwing a fraction of every check into btc
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