When Bitcoin Hits Yet Another All Time High
http://ift.tt/2zTTotu Submitted October 31, 2017 at 09:14PM by Vol-Tron http://ift.tt/2lAUMPw
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Showing posts from October, 2017
The rise to $6,350 means that each bitcoin I bought thinking it was too “expensive” at $350 has made me $6,000.
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when I hadn't checked the price since a few days ago and finally check it
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"As Bitcoin touches $100 billion in value, don't forget that the Winklevoss twins are officially Bitcoin billionaires (1% BTC supply)"
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Owning 1 bitcoin is like owning 17 pounds of gold
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Bitcoin was intentionally designed to mimic the properties of gold and is often, correctly, compared to that asset. So, I did the math and if you consider all of the reported gold in the world and divide by 21 million, you come up with 17 pounds. Meaning if you want to own the same percentage share of gold as one bitcoin represents it is that quantity. @see: http://ift.tt/yzKk1W If you managed to accumulate about 130 bitcoin, that's the same percentage share as one metric ton of gold. (If bitcoin ever reached the market cap of gold, then 130 bitcoin would equal the value of one metric ton of gold; or about 45 million dollars). It's a neat way to think about just how rare a bitcoin is. Submitted October 31, 2017 at 12:47AM by jratcliff63367 http://ift.tt/2xAXjL0
Why is Bitcoin far superior to gold as a provable store of value: "This Could Be Huge": Gold Bar Certified By Royal Canadian Mint Exposed As Fake
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‘Can’t Tolerate This’: TREZOR Ditches BitPay Over SegWit2x ‘Games’
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Blockstream launches Simplicity, a new smart contract language
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My take on the Bitcoin miner from a party last night.
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When rappers start saying how many bitcoin they have in their hardware wallet we will be pretty close to peak hype.
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ICYMI: Another attack on bitcoin coming from Congress (bill would ban "aggregated transactions," attempts to make "concealment" of data a crime, proposes freezing bank accounts, and would require individual users of "digital currencies" to be regulated to the same level as banks).
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The whole text of their proposal: http://ift.tt/2rMgctO If in the U.S.: Write your representatives to oppose S.1241: https://democracy.io/ Write to Administration to demand a veto of S.1241 or anything like it if it were ever to reach the White House for signature or veto: http://ift.tt/1EVWUTV An opposition letter to S.1241 has been developed by the Bitcoin Foundation, but I don't think it goes far enough. I think any organizational opposition letter (e.g. from EFF, Bitcoin Foundation, or other org) should call for total and absolute death by fire of S.1241 or anything like it. (See second season of Stranger Things if you have any question about what I mean about death by fire.) http://ift.tt/2A1r6Ok (The following is my recent letter over the weekend sent to the U.S. Administration regarding S.1241, requesting that a position be taken on the bill to announce that a veto would be provided if the legislation were to be advanced. Please feel free to copy and paste from it or de...
Max Keiser - "30,000 new #Bitcoin wallets a day. ETF coming soon. Wall St. just getting started. Regulators waking up to their impotence. Hello $10,000!"
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Today's Celebration: Satoshi Nakamoto published the bitcoin whitepaper 9 years ago! HODL and NO2X!!!
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I lost $30 thousand in bitcoin and tried to get it back
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My Bitcoin investment strategy: Each time someone I meet talks shit about Bitcoin, I buy more.
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I went to a friend's Halloween party last night. Someone (not me) brought up bitcoin. Another person, a CPA, started talking shit, saying Bitcoin is a bubble and that it's not real money. Basically parroting all the crap you hear in the media. I refrained from getting much involved in the conversation, I just shrugging and said, "oh, okay." While they were discussing Bitcoin I quietly opened the Coinbase app on my phone and bought some more bitcoin. Submitted October 30, 2017 at 12:44AM by charlespax http://ift.tt/2yWiP0N
Bitcoin hits 6280$!! Raise of 280$ in 40 minutes!! Will we hit 6300??
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seeking buyers of B2X coins. price 3 for 1, in 750B2X batches for 250BTC. many batches available.
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I consider a spinoff coin, like B2X, that can be changed at the private interests of 12 guys in a new york hotel room (half of who already refused to sign, left or split to promote BCH or embarrassed the others with an ICO) to be an anathema to uncensorable, permissionless, unseizable & unfreezable global internet money, it will be a centralised spinoff coin, and have no differentiating value (assuming it is not abandoned pre-fork). Miner hashrate does not define Bitcoin, they are a service provider, ordering transactions. If a miner mines BCH Bitcoin fullnodes automatically ignore it. Same with B2X or dogecoin. Bitcoin is Bitcoin. No change can be externally forced on Bitcoin hodlers without users choosing, of their own volition to opt in to a change. A corporate controlled medium security centralised chain trending towards IOU from a few companies in the US, is not valuable and is not Bitcoin. A centralised coin can never be uncensorable, permissionless, unfreezable, unseizabl...
340 BTC
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October, 2011 was when I first heard about Bitcoin. A friend excitedly told me about it, that the price had crashed, that it could be 'mined', and that it could be purchased on exchanges. He didn't own any, but he found it interesting, and so did I. I was instantly interested in acquiring some coins. That the price had 'crashed' meant a buying opportunity, and I further saw it as evidence that the system was somehow free, and had a life of its own. I did not purchase any right away, regretfully, since the coins were about $3 each. I did do some initial research, calculating mining profitability, and looking into the process for buying coins on MtGox. I also read about the thefts and hacks. I found it intuitive these incidents were matters of endpoint-security, and not reflective of a systemic weakness. Yet I would have much to learn if I was to avoid becoming a victim. I continued to casually follow Bitcoin developments, and occasionally checked the price. Eight m...
In Venezuela, 1 Satoshi is currently trading for 2.25 Venezuelan Bolivars.
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Tim Draper predicted $10,000 BTC by 2018. You still have 2 months Tim!
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Starting 2018, using cryptocurrencies like Bitcoin in Vietnam will be illegal and subject to a $9,000 fin
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Vintage Bitcoin... remember when coffee only cost .00000001?
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2:30am at an outdoor taco stand in Pomona, CA. No credit / debit accepted... But Bitcoin..? We got you fam.
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If by pairing he can't decide... Craig Wright has lied! (again)
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Today Wright claimed on twitter that the elliptic curve group used by Bitcoin is a pairing friendly curve as part of his ongoing effort to fake being bitcoin's creator by pretending to have special knowledge about it. (Then he went on to further embarrass himself by saying that he would somehow patent this 'fact' and make it available exclusively to his scammy BCH cryptocurrency...) Unfortunately for Wright he has again blundered into making an easily proved claim. On each line below are three secp256k1 public keys: A, B, C. Exactly half of the lines are of the form A = aG, B = bG, C = abG; The other half of them are of the form A = aG, B = bG, C = H(a)G. If you can compute a bilinear pairing in the secp256k1 group then distinguishing the two sets is trivial due to the definition of bilinearity: The relationship e(A,B) == e(C,G) will hold only for the members of the first set, so you need only perform two pairing operations and check if they match to tell which set e...
Coinbase users growing at 1.2M/month over last 2 weeks..
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A message to Core: We DON'T need a PoW change.
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Like anyone who holds bitcoin and what it represent dear, I am VERY pissed off with the current mining situation. That virtually a single player can cause so many problems is seriously annoying, to say the least, and I, too, have this desire to "just stick it to Jihan", somehow. But a change of PoW is not the answer. A change of PoW is guaranteed to piss a lot of people off. Many more than just Jihan Wu. A change of PoW means destroying a massive amount of investment, quite possibly in the $$$ billions . Everything Bitmain invested with all their clients, some of which certainly DON'T want to attack the network. The $300m investment by Japanese GMO, which will bring a much needed breath of fresh air. And who knows, perhaps Intel, Nvdia, AMD, ARM or others are quietly working on a SHA256 ASIC. All of this investment, gone. All these people, pissed off. SERIOUSLY pissed off. What about the community reaction? If you think everyone, individuals and businesses, would st...
Top five tech giants added more to their market value in one day than the total crypto market cap. Yet people still say Bitcoin is a bubble.
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Why I oppose Segwit2X. And why you ought to.
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I don't oppose Segwit2x on the grounds that 2MB blocks are too large. I don't think anybody seriously opposes it on those grounds. I oppose Segwit2x on the basis that this ought not to be the way that we upgrade the protocol. Perhaps contention and controversy is inevitable. But there ought to be widespread community consensus that, excepting critical flaws to Bitcoin, technical changes which threaten to cripple Bitcoin ought to be eschewed. This hasn't been about blocksize for a while. Anybody who has been paying enough attention to the ebb and flow of arguments back and forth, and thought about the way that the Bitcoin system as a whole is defined and operates ought to have realized that. No, this is about how upgrades to the protocol are introduced, implemented and adopted. History So let's take a step back and root ourselves in the history of the project. Bitcoin is a software project started by Satoshi Nakamoto in 2008; the network came online in January 200...
A proposal about how 2x attack BTC
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Turns out Chinese BTC community and reddit community differs a lot. The article below is a translation of a hot article in 8btc.com. I will try my best to keep its original meaning and, hopefully, help the cross-boarder community to understand each other, better. Thoughts before reading the article: Devils are trying their best to eavestrop the wire, then we have crypto currency. Devils are trying their best to centralize its power, so what we do? ======article starts here====== original link: http://ift.tt/2gJFq5R written at: 2017-10-26 在一场战斗中，首先要分清敌友，在这场分叉之战中，BCC和2X都是被大区块派支持的，所以他们是盟友；另一方盟友就是Core核心开发小组和BTG所代表的小区块派。但是BTG实在太弱，基本上可以看作是三国演义。 In this battle, we need to first understand the enemys and the friends. During the forking, BCC and 2X are all supported by "larger block" community. So they are allies. On the other hand, the Core and BTG are supporting small block size, so they are on the same side. Because BTG is so weak, we can regard this as "Romance of the ...
Put everything in bitcoin and live like a homeless person. Funny comment I found on youtube.
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Bunch of Adresses moving 50+k bitcoin in harmony
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So i was just exploring some stuff. What i often do is chek a chart of the biggest bitcoin addresses and see which ones move the most and what moves they make. ( http://ift.tt/1zDwn7G ) So today i became interested in the adress 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF and wondered where this adress was from, and why it has been holding 80k bitcoin since 2011/03/01. Using google i found this old reddit post about MtGox possibly still having 200k bitcoin in different wallets. So i read trough it, found some other interesting adresses which the author somehow all related together. Most of these adresses all had 10k coins in them and they were all linked by some arbitrary transaction made to them, possibly to be able to easily identify them later. So digging into this i saw that from many of these adresses recently a lot has moved: most of it on the same date and times and in the same fashion. 10k coins is moved to an adress, then 50 bitcoin is left and the rest is transacted onwards. I wa...
Message to Core: We need PoW Change. Now.
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Whether it be for the S2X bullshit, or the fact that 90%+ of hashing power is centralized in the bitmain cartel, we need a PoW change that can sustain the effects of ASIC manufacturing. Equishash is NOT the answer, and Core's focus needs to be aimed at an ASIC resistant hashing function. We now see the true effects of what a 51% attack could mean. A ASIC-resistant, or ASIC-impossible solution needs to be found. We're looking at having Bitcoin taken from beneath us if we don't act now. And this will NOT be the only attack we will see in this style. Core has a responsibility to Bitcoin to put their effort into this. Submitted October 28, 2017 at 10:13AM by GCXBit http://ift.tt/2ySHBME
From an outsiders perspective, I believe that "Permission-less Digital Gold" is more important than an attempt at "Person to Person Digital Cash"
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Hey all, I am not part of the Bitcoin community and hold (essentially) zero Bitcoin. I have been watching the Political debate(s) closely for the past year and here is my feeling. I believe that a "permission-less digital gold" is a necessary for the world we live in and the future we may be heading into. Corruption is wide spread, fiat currencies can become value-less in a matter of months and we have an Orwell style Big Brother waiting in the darkness. I believe that having an electronic means to store large amounts of value and transfer it to (nearly) anyone in the world, without permission, is something that all people have a right too. For me personally, things like "low fees" and "fast transfers" do matter but are a very distant second. Again, this is my outsiders view. I would love to hear any and all opinions! Submitted October 27, 2017 at 08:19PM by aItalianStallion http://ift.tt/2ljd1sm
Difficulty Jumps 21% !
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The difficulty of the Bitcoin Network has increased from 1,196,792,694,099 to 1,452,839,779,146 ; an increase of ~250,000,000,000 To give some perspective on these numbers; It took from January 2009 until October 2016 to grow the network from a difficulty of 1 to 250,000,000,000. In the past few days more hashpower has been added to the network than all the cumulative hashpower added from 2009 to late 2016. Let that sink in. Submitted October 27, 2017 at 10:51PM by 45sbvad http://ift.tt/2zV8m31
Dear friends from Catalonia, congratulations! Now go and buy bitcoin because economic blocade and sanctions will dropp soon
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Dear people of Catalonia, congratulation on making steps for independence. It's 2017 and no one should be forced to be meber of a comunity (or country ) if they doesn't want to belong. But expect Spanish governement to react in many ways, one of wich would definitely be through EURO Defend yourselves and BUY BITCOIN, even if your future country plan a different FIAT in the next years. If your economy is 100% euro you are 100% vulnerable, go Bitcoin 50% and you will be 50% shielded. Don't let FIAT be the reason SPain can make you feel sorry for wanting independence! Submitted October 27, 2017 at 08:40PM by SpellfireIT http://ift.tt/2yQBRp0
We can't afford anymore being vague. Let's be clear: Anyone supporting the S2X/NYA attack on Bitcoin, is an enemy of Bitcoin.
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If you are still on the fence, is because you are not informed enough. To make an informed decision, everybody needs to know the facts, who is really behind the NYA Trojan horse and why the S2X "upgrade" is being rushed so dangerously and without replay protection: http://ift.tt/2y7tVPa And before you dismiss those hard and documented facts as just a 'conspiracy theory', think about this: Of course, who thought that the ones holding the centralized financial power today (famous for back-door shady plots to consolidate even more power and control), would sit on their hands and let Bitcoin just stroll in and easily take that power away from them? So, it is not a crazy conspiracy theory, but more like the logical and expected thing to happen. Don't let it happen. Submitted October 27, 2017 at 01:50PM by readish http://ift.tt/2yQKy0e
PSA: Stop saying 2x is dead. "There is no greater danger than underestimating your opponent."
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French Bitcoin Community Strongly Rejects SegWit2x (1.2k+ supporters)
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Hong Kong Bitcoin Community Strongly Rejects SegWit2x
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That feeling when you're explaining BTC to someone, and they tell you it seems too risky.
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Flawed from the start, Segwit2x is finally getting in its deathbed
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Block 491923: GBMiner not signaling NYA anymore. Another one! Segwit2x decreasing beyond miners.
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The real question for Coinbase: If B2X gets more accumulated work than BCH, will you name it Bitcoin Cash?
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Bitcoin Core is developing measures to protect your money from attacks like B2X, but they will only work if you run Bitcoin Core software
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The whole B2X attack is based on tricking wallets into thinking it is a valid chain. B2X intentionally removed all replay protection; it changed its code so that it would mimic the signals from core nodes and its collaborators intend to pass it off as bitcoin on their services. The core developers are creating countermeasures to ensure that core nodes continue to work on the peer to peer level. If you want to transact after the fork on the bitcoin blockchain run a bitcoin core node. If you don’t need to transact soon after keep your private keys somewhere safe. If you are using a light wallet to send or receive you may get screwed. People may send you B2X coins and your wallet won’t know the difference. As always, don’t have your coins in exchanges - those are actually the exchange’s coins and the Exchange has a liability to you, but coins on exchanges are not yours ever. Also, remember who acted to protect the system in which you are keeping your money and who acted to jeopardiz...
Hedge Fund Manager Mark Yusko: "Only gamble was whether Bitcoin would make if from $0 to $100-- that was the real miracle. Going from $4,000 to $400,000 is easy"
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"Bitcoin is not world changing because of marginally lower fees. It's world changing because it's permissionless."
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stick: We're replacing @BitPay exchange rates API in @TREZOR Web Wallet, because they plan to play games with the BTC ticker. Can't tolerate this.
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People are 'underestimating' the 'great potential' of bitcoin, billionaire Peter Thiel says
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The B2X developer does not have the time or skill to rebase the code off Core 0.15, so they blame "bugs" - which no one can find.
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Bitcoin @ $1 - 'Only good for libertarian neckbeards' Bitcoin @ $10 - 'Only good for druggies and darknet markets' Bitcoin @ $100 - 'The Gov are gonna shut it down' Bitcoin @ $1000 - 'Pump and dump on ETF rumours' Bitcoin @ $5000 - 'Deflationary currency will never work'
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Bitcoin is going to do to banks what email did the post office and Amazon did to retail.
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TFW you're in Thailand and have to constantly remind yourself that this doesn't mean btc
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Miners are abandoning the NYA
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BLOCK DATE MINER 491614 2017-10-25 06:43:37 NYA ViaBTC 491615 2017-10-25 06:51:18 NYA BTPOOL 491616 2017-10-25 06:52:01 NYA BTC.COM 491617 2017-10-25 07:03:18 NYA ViaBTC 491618 2017-10-25 07:06:37 NYA BTC.COM 491619 2017-10-25 07:15:14 NYA BTCC 491620 2017-10-25 07:17:46 NYA GBMiners 491621 2017-10-25 07:20:07 NYA GBMiners 491622 2017-10-25 07:20:16 NYA GBMiners 491623 2017-10-25 07:40:29 NYA Bixin 491624 2017-10-25 07:41:37 abc13975501880 491625 2017-10-25 07:55:41 NYA AntPool 491626 2017-10-25 07:58:31 NYA ViaBTC 491627 2017-10-25 08:14:07 pdsxbh 491628 2017-10-25 08:18:09 NYA AntPool 491629 2017-10-25 08:18:29 NYA BTC.COM 491630 2017-10-25 08:20:36 minerbn 491631 2017-10-25 08:21:11 NYA ViaBTC 491632 2017-10-25 08:26:36 NYA BTC.COM 491633 2017-10-25 08:33:08 hf25 491634 2017-10-25 08:39:32 gc98765 491635 2017-10-25 09:01:33 m9000m 491636 2017-10-25 09:07:03 Slush 491637 2017-10-25 09:15:38 NYA BTC.TOP 491638 2017-10-25 09:17:15 NYA BTC.COM 491639 2017-10-25 09:18:12 NYA AntPool 4...
This man wants to publicly debate Jamie Dimon, it'd be amazing if we could help him gain some traction!
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F2Pool and SlushPool hashrate nearly doubles, S2X signalling down to 76% over the last 144 blocks
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Hong Kong Bitcoin Community - Given its possible harm to Bitcoin users and the unclarity about its outcome, we resolutely oppose the Segwit2X hard fork proposal.
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Officially the owner of 1 bitcoin now !!!! Feels good
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Naked girls can get 1,000's of upvotes. How many for our guy Charlie Lee?
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Another company abandons NYA, ANX will not be supporting Bitcoin SegWit2x Hard Fork in the near term. - WhalePanda
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Slush responds to Coinbase: "Hash rate does not determine what is Bitcoin"
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Bitcoin May End Up being a Bigger Idea than Amazon or Apple, Says Ark Investment Management
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Coinbase will refer to the chain with most accumulated difficulty as Bitcoin
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Bitcoin over 6k, guess you guys aren't ready for that yet...
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"S2X is officially dead. Garzik switched to his own premine scam coin. S2X has no devs. It's over. Time to get back to work. Schnorr+MAST next"
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Official statement about segwit2x fork from E-Corp CEO
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You get a 600% raise at work, after just 10 months, but you threaten to quit anyway
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I truly do not understand the supposed pain of miners. The price of bitcoin has increased by 600% just this year alone. Traditionally we used to hope that after a 'halving' we might see a doubling of the price. Since the last halving, when the price was $600, it has gone up by 10x. But, let's really talk about what has happened this year. This year, we got segwit finally launched and the price has skyrocketed. There is already some serious talk about a $25k bitcoin in the not obscenely distant future if hedge-funds and other big players bring money in; now that they can see that bitcoin is stable, not going anywhere, and is highly resistant to change . So, what, exactly, the fuck do miners have to complain about? Their job is simple. Do a full SHA256 hash (by full, I mean on any random input data, not ASICBOOST hacked pseudo-SHA256). That's it. Do that one simple job, and reap the rewards. Bitcoin has a highly competent development team and a very exciting tech...
Found this tweet from 2011 while scrolling. Would you resist the tentation to sell them at 8$ if you were him ?
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The devs of BitcoinGold are so good that they are offering a reward of 250 BTG for those who can develop a replay protection in time.
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Dear miners: This would be a great time to stop signalling NYA.
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Users don't want the fork. Developers don't want the fork. And now exchanges don't want the fork. Who will be the leader and take all the credit for stopping all this? Antpool BTC.top BTC.com ViaBTC BTCC Bitfury Bixin BitClub BW Pool Submitted October 24, 2017 at 04:16AM by myquidproquo http://ift.tt/2yHXZQ0
Thank you, Bitcoin Cash! I'm finally a billionaire 💰💵🤑!
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It took me a while to see what was odd about this rug for toddlers...
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When I made this cartoon, 10k per bitcoin was a joking point... now it's a reality!
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Coinbase: "Following the fork, Coinbase will continue referring to the current bitcoin blockchain as Bitcoin (BTC) and the forked blockchain as Bitcoin2x (B2X)."
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Dr. Adam Back: that's why they want to prevent self-validation, permissionlessness, push for $20k data centre nodes. so they can make agreements with CEOs
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Bitcoin showing love hilariously at Westboro Baptist Church counter protest in Florida
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Let’s Enhance ! How we found @rogerkver’s $1000 wallet obfuscated private key.
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Gatecoin will not support the SegWit2x (B2X) hard fork
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BREAKING: Prince of country that just began allowing women to drive vehicles last month NOT convinced by new technology.
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Had a talk with my son today about my bitcoins
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I sat my 7yr old son down and showed him my ledger nano and how to use it in case anything ever happens to me. I explained there is electronic money on it and it will be his one day. Went through the process of wiping it and restoring with the seed. But reminded him never ever tell anyone about it is our secret. He's a smart kid and was amazed at how it's secured by an extremely complex code and that no one can steal the money you can take it anywhere and it's safer than a bank because the ledger is a bank itself (i know that's not quite correct but still). I didn't tell him how much are on there but told him one day it will be extremely valuable that's why I'm telling him about it is for him when he grows up. Later that day we talked about how to secure the seed and printing it on a metal plate. He thinks it is so cool. It amazed me how a child instantly understood it and showed how cryptos are for the future generations not us. We are early adopters s...
‘True Adventurers’ Should Invest 10% in Bitcoin, Says Billionaire Mark Cuban
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How I explain Bitcoin to people
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I've been trying to be a bitcoin evangelist and explain it to people that don't know what bitcoin is without coming off as crazy. This is watered down, but this is how I explain it: When you store money at your bank, it's just a number in a database. What happens if something gets messed up or they set that number to 0? You're screwed out of your money. Now imagine that that database at the bank is shared with everyone and everyone has a copy. No single bug or malicious person can set your balance to 0 since you have a copy of the database and all corresponding transactions. That's really all bitcoin is. Take the technology that makes the financial system work, and distribute it amongst the people. This is really watered down, but the people I've explained it to have, at least, understood. Overcoming preconceived misconceptions is a topic for another post. Submitted October 22, 2017 at 11:37PM by Milge http://ift.tt/2zHhTuz
These people pushing for contentious hard-forks are doing so for either personal enrichment, ego, or malicious intent. Irresponsible doesn’t even begin to cover it. #No2x
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Nyc financial Times. Traders leaving stocks for bitcoin
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I was young and dumb and I missed out on Google, Amazon and Facebook. I’m not going to miss out on Bitcoin. Plan to HODL 10+ years
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I dream that it blows away my 401k and other standard investment portfolios. Here’s to early retirement! I put in about 10% portfolio early this year and now BTC is over 50% of portfolio. Standard investment advice would be to rebalance but I’m not selling BTC for 10+ years. I’m still putting same amounts into retirement accounts each month but maybe BTC can allow me to retire 10 years earlier! Submitted October 22, 2017 at 09:36PM by puffman123 http://ift.tt/2zFDTpE
Banking on Bitcoin on my Virgin flight from NYC to London - incredible exposure for this great documentary
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I am now the proud owner of 0.1 BTC - it's a whole new world!
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PSA: The amount of delusion in this subreddit is concerning. Don't forget that Bitcoin is still an extremely risky and speculative investment. Do not invest more than you can afford to lose.
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Like it or not you are basically gambling when you invest in Bitcoin. Not because it's a 'bubble' or because it is or isn't awesome but because the price has a huge amount of speculation built in to it. Don't be deluded in to thinking you will definitely get a return. Submitted October 23, 2017 at 09:56AM by Ewics http://ift.tt/2xg7sfW
Atomic swap wallet coming soon. Trade cryptocurrencies securely without a centralized exchange, which have lost billions in user funds.
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Bitpay & Coinbase are supporting a contentious hard fork, but aren't even up to date on the latest scaling technology
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Bitpay & Coinbase are supporting a contentious hard fork, but aren't even up to date on the latest scaling technology It's been months since Segwit was released. So far we have plenty of wallets supporting it, yet Coinbase & Bitpay have not implemented Segwit addresses yet. We have consumer hardware wallets already implementing Segwit addresses, yet these VC raised companies cannot even implement Segwit addresses yet. These companies are the same ones that are pushing for a incompatible hard fork, yet have not implemented the technology to increase the current blocksize to it's potential. It's quite hypocritical, and just shows the lack of strength in these CEO's/management to get developers to implement the blocksize increase which Segwit provided. Submitted October 22, 2017 at 07:17PM by Chakra_Scientist http://ift.tt/2l8viso
Apple co-founder Steve Wozniak: “Bitcoin is mathematical. I am a mathematician. There are only 21 million. It is more legitimate than other systems”
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There are Bitcoin skeptics everywhere.. I always try to explain Blockchain and it's potential to change the world.. Which usually shifts their perception of cryptocurrency.
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After reading in an r/bestof on what and how bitcoins are mined.
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Running A Full Node [Support the Bitcoin network by running your own full node]
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PSA: uBlock Origin is a basic security measure against phishing in Google search results, and other nasties in literally anything else.
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Stop with the "holy shit phishing!!" posts, because all of them so far have one word right next to them: "Ad". As a result, all of them instantly go away with uBlock Origin. Please, take basic security measures like you should be doing anyway. Right? Right! Submitted October 22, 2017 at 03:08PM by wickedplayer494 http://ift.tt/2zupTxY
Wife found a paper wallet from 2013 when cleaning out some drawers this morning.
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The Stupid, It Hurts (Roger Ver alert)
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His latest tweet: "Bitcoin would likely already be over $10,000 each if not for the economic ignorance of Core’s full block policy." ( https://twitter.com/rogerkver ) So let's get this straight. Since his beloved BCH forked and Segwit activated Bitcoin has rocketed up, more than doubling, while BCH has been in a death spiral since the starter pump. But rather than admit he's wrong he simply makes the magical assertion that Bitcoin would be even higher if it were under his control (conveniently unverifiable), despite the disaster that BCH has been (which is verifiable). Hey Roger, if the community community wasn't under continuous attack from you and your deluded followers, if you hadn't held up Segwit and prevented scaling for over a year, if you weren't running people off with your toxic and perpetually dishonest attacks, and abuse of r/btc and bitcoin.com, if you weren't part of a pathological miner cartel (ASICBoost, Antbleed, mining empty bloc...
2X proponents openly discuss & support performing a literal attack on Bitcoin
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When my friend asked me if I was going to sell and then buy again when the price drops...
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PSA: Top result for "Shapeshift" in goolgle search is a phishing ad scam - take care with your coins
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Today Bitcoin reached $6169. Exactly one year ago Bitcoin was worth $634
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Roger Ver on MTGOX Bitcoin exchange; for the uninitiated.
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SegWit reaches 17%. Continued adoption seems assured.
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After 4y I made 12x on my Bitcoin investment and finally reached $1M yesterday. I owe it mostly to this subreddit. AMA
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Obvious throw-away account. I've been lurking here since 2013 and started buying my first two coins during the 200 USD bubble. After the subsequent crash I thought "this is bullshit" and forgot about btc until the next 1K bubble. I started to buy more and soon was deeply in the negative. There were two factors that kept me from selling my coins through the following hard 2 years and actually accumulating my position. 1. I started investing in shares and funds at the peak of the stock market in 2007 and made huge paper losses. I needed a lot of patience to hold through the next 7 years to get back to my entry point and eventually even make a little profit. I tried only a few times to trade stocks but soon realized that my fear and greed was not helpful in trading so i just held my positions. The same strategy I thus applied to Bitcoin because it had worked before. 2. Bitcoin is something completely new and whether buying it would ultimately result in a profit can not, as ...