BIP340 (Schnorr signatures) is pretty much ready to get merged into libsecp256k1
https://twitter.com/pwuille/status/1300572711312265218?yippy=true Submitted September 01, 2020 at 04:30AM by nullc https://ift.tt/34RE9nG
Posts
Showing posts from August, 2020
The Bears don’t have enough strength to send Bitcoin under $ 11K
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Daily Discussion, August 31, 2020
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Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. Submitted August 31, 2020 at 12:00PM by rBitcoinMod https://ift.tt/2YOAiDL
Can Bitcoin exchanges periodically prove 100% reserves? It’s really a simple and fundamental question to the entire Bitcoin ethosphere that has gone largely ignored for 10 years.
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Mentor Monday, August 31, 2020: Ask all your bitcoin questions!
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Ask (and answer!) away! Here are the general rules: If you'd like to learn something, ask. If you'd like to share knowledge, answer. Any question about Bitcoin is fair game. And don't forget to check out /r/BitcoinBeginners You can sort by new to see the latest questions that may not be answered yet. Submitted August 31, 2020 at 04:01PM by rBitcoinMod https://ift.tt/2YOpWUB
A Sovereign Bitcoiner's Manifesto
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Yesterday a post of mine got a good amount of attention in this, my favourite, sub. So I have decided to post it here in full... More than mildly, it annoys us that we have the tools to be truly sovereign and yet we continue to submit our ourselves, and our bitcoin, to centralised authorities. " Privacy is necessary for an open society in the electronic age "; yet KYC is demanded before we can trade. " Not your keys, not your coins "; yet millions of bitcoin sit in the vaults of custodial exchanges and wallets. For monetary liberty to be widespread it must be part of the social contract. We must come together to deploy decentralised systems that maintain Bitcoin's promise of sovereignty. These tools already exist and they are improving. Awakening Our Inner Apex Predator When Satoshi genetically engineered bitcoin, he spliced DNA from organisms that never survived (B-money, Hashcash, Bit gold). This gives bitcoin an incredible amount of survivability and f
First Swiss health provider accepts Bitcoin as payment
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What’s the easiest way for me to buy 5k in BTC?
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I’m Canadian if that matters. I’m looking to invest around 5k in BTC and looking for the easiest, most effective way to do so. I’ve already purchased a Trezor so thats how I’ll be storing it all. What platform should I use? Should I go to Toronto and use an ATM? This is my first time doing any of this and I’ve heard of many websites/ways to purchase BTC but some have a limit and other restrictions. Looking for advice. Is it better to buy it in lump sums? Or all at once? Or does it really matter. I don’t really do much stocks but have been wanting to invest in BTC for awhile and am in a financial situation to be able to do so. Any help/advice would be great! Thank you! Submitted August 31, 2020 at 06:24AM by jtww https://ift.tt/3jlNXdw
Just found this Bitcoin ATM in Poznan mall center
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A recent piece I created to remember Hal. Genesis to 170.
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PSA: Bitrefill is a thing, don't forget that!
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I feel like it's a good idea to both introduce new people to Bitrefill as well as remind others that it is indeed a thing. You pay in BTC. They support Lightning. You get gift cards. Even just using it for Amazon is amazing. Check out what you can get in your country, as it varies depending on where you live! Submitted August 31, 2020 at 04:19PM by Fittiboy https://ift.tt/2YOLJvk
I saw this at the deli by my work, I thought it was cool
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Popular YT Channel (>3M subs) promoting Bitcoin. The herd is coming.
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Turkey’s government has been confiscating foreign currency from bank client accounts, while Turkey is looming in to hyperinflation.
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Roger Ver scamming Bitcoin newbies.
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Sorry for the drama, but this is just outrageous. There are some things that should be off-limits, like deliberately lying to newbies. Have a look at this thread where a newbie asks for help buying Bitcoin, please don't bregade, comment or vote: https://np.reddit.com/r/btc/comments/ijksed/where_can_i_buy_bitcoin/ Archive: https://web.archive.org/save/https://np.reddit.com/r/btc/comments/ijksed/where_can_i_buy_bitcoin/ Apart from the normal "buy this altcoin instead for x and y reasons" the head moderator himself comes in and deliberately and knowingly gives a link to a site that sells an altcoin. To make it worse, it is his own site that he directly profits from. I have already reported it to the Reddit admins, people being this dishonest need to get ejected from cryptocurrencies IMO. They definitely should not be running subreddits. Submitted August 31, 2020 at 07:41AM by bitmegalomaniac https://ift.tt/3jrrV9d
Remember that the Federal Reserve loots the American people every single day through masterful mis-education and slight of hand. This kind of looting is considered A-OK. Opt-out of the madness. Buy Bitcoin, so you don’t have to loot convenient stores to get ahead.
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The Fed’s looting is based in cowardice, mis-education, and deceit, but the media says “no problem here, move along now.” The People’s looting is based in desperation, risk-taking, and even courage to risk one’s own safety and do whatever it takes to get ahead/survive, but the media condemns the People looting as barbaric and never asks why the People have to resort to stealing. Just Buy Bitcoin, so that you can take back control of your time aka your life. Submitted August 30, 2020 at 10:25PM by the420chronicler https://ift.tt/34IIARD
Today I tried mining with my macbook and I made... *it will SHOCK you*
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Humanity Is at the Dawn of a New Era With Bitcoin
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"Bitcoin was born in the previous crisis and I think this crisis, especially the aftermath of it, with so much policy response is likely to be very bullish for it." -Investment strategist Lyn Alden
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"Currency panic in Turkey, Argentina and Brazil has pushed the price of Bitcoins locally to all-time highs, with Bitcoin purchases breaking records in Turkey."
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Those who believe in Bitcoin also believe in cleverness
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Make your own cold storage with $5
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It's so simple and easy you just need a USB flash drive and a laptop or desktop (you can even do it on a friend's laptop) First you need to install tails OS on your USB drive here is the link on how to do it Then you need electrum on that USB drive to be installed which is preinstalled if you install the latest tails OS Now : You need to create a new wallet with help of electrum without accessing to internet Whenever you want to sign a transaction you can make an unsigned transaction with a hot device and xpub and then sign them with the offline device look at here It's all simple and easy you can even make the unsigned transaction with electrum app on Android devices ... Now you don't need to pay like 100$ to buy the "best" hardware wallet which even might leak your privacy because of some information hacks or something ... Edit: spelling of "buy" Submitted August 30, 2020 at 03:46PM by Saman93 https://ift.tt/3lyFB4f
1400 Bitcoins stolen after a user installed an old Electrum wallet and then updated to a malicious version.
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I had 1,400 BTC in a wallet that I had not accessed since 2017. I foolishly installed the old version of the electrum wallet. My coins propagated. I attempted to transfer about 1 BTC however was unable to proceed. A pop-up displayed stating I was required to update my security prior to being able to transfer funds. I installed the update which immediately triggered the transfer of my entire balance to a scammers address. Source - https://github.com/spesmilo/electrum/issues/5072#issuecomment-683356052 The transaction - https://blockchair.com/bitcoin/transaction/ef600c380a239d9b929c6c964deaf7060e309750950a516cee65576232b0c53c A recap of the issue by u/_benkaufman - https://twitter.com/_benkaufman/status/1299971319430352897 Submitted August 30, 2020 at 06:17PM by atrueretard https://ift.tt/2DcszrL
Mind-Expanding Thread on BitcoinTalk: Bitcoin Sidechains, Decentralised Exchanges and Trolling the SEC
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Bitcoin’s Potential as an Inflation Hedge is a Route to Massive Prices
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Unexpectedly spotted this while walking around in Nha Trang, Vietnam.
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Rules for Rulers: Understanding how the state retains power is important for understanding why Bitcoin matters.
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Remember this? A little piece of Bitcoin history | Max Keiser vs Peter Schiff
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Thanks a lot to this community
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So recently I asked what is node, lightning network etc. And I got immense amount of people guiding me all through that. I have setup a full node recently and loving the Bitcoin culture, I am a new guy here but observing this whole community and Bitcoin from months. Thanks to all I made some satoshis, they are nothing, but hey it's something. 😸 Submitted August 29, 2020 at 07:00PM by siddude11 https://ift.tt/3b65NOC
FEDS Seized Over $2 BILLION at U.S. Airports from 2000-2016
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Lightning Network OFFLINE payments in action together with a Lightning Beer Tap
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Hundreds of Bitcoiners from all over the world collaborated with me on this art project. Proud to be a part of this global movement!
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Bitcoin Will Establish Itself As the Primary Reserve Asset for All Major Companies in the Future
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On the hunt for the cryptocurrency conwoman who stole billions
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In the last 100 days, the number of Bitcoins in the Grayscale Bitcoin Trust (GBTC) has increased by more than 78000. These coins are locked for 6 months too.
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I had made a similar thread 100 days ago . The following is a simple table showing the number of bitcoins in the GBTC as seen on its page here on the given days. Date Number of btc in GBTC 31 Dec 2017 170,000 31 Dec 2018 204,390 26 July 2019 239,513 26 Oct 2019 257798 7 Feb 2020 283,192 27 Apr 2020 312886 1 May 2020 323262 17 May 2020 (100 days ago) 343954 3 July 2020 386658 27 Aug 2020 (latest today) 422308 Number of bitcoins acquired in last ~100 days: 422308 - 343954= 78354 The rate of acquiring bitcoin in gbtc had accelerated after the start of April 2020, as you can see above in the table. At the rate of about 800 bitcoins per day that GBTC has bought every day for last 100 days, the GBTC is buying Bitcoins equal to about 85% ( 783/900) of all supply of newly minted Bitcoin. And GBTC is just one of the many ETF's that people who don't want to fiddle with private keys etc, can use to acquire Bitcoin, albeit the larges
600k Hotels To Start Accepting Bitcoin
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The ModiHost team believes that the future belongs to digital technologies and cryptocurrencies. The latter will soon supplant fiat money as the new economic age has arrived. In the new economic system there will be no place for traditional money. Cryptocurrencies will be used everywhere, and the evidence for that can already be seen in world news. Agoda, a digital travel platform that is part of Booking Holdings, has partnered with Travala.com , a cryptocurrency-friendly booking platform. With this partnership over 600,000 hotels in some 200 countries now allow travellers to book accomodation with Bitcoin, Ethereum, Binance Coin and over 25 other digital assets. https://modihost.io/ https://preview.redd.it/cq704h709xj51.jpg?width=1280&format=pjpg&auto=webp&s=e53af94a38868506c6c751312151b263315ecf09 Submitted August 29, 2020 at 03:49PM by ModiHost https://ift.tt/3b6Q4ip
Fidelity Is A 1,000 Pound Bitcoin Gorilla In The Making
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Visa Exec: "Never in the history of mankind was so much stolen from so many by so few. Opt out with Bitcoin." The tides are turning, and quick than one might think.
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Biggest Dutch bank ING introduces negative interest for bussines accounts over 250k (article in Dutch)
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How to set up your own Bitcoin node, Electrum wallet and Server - Reclaim your sovereignity, privacy and autonomy
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Tyler Winklevoss lays down argument for $500k Bitcoin
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The Brilliant Satoshi Nakamoto responded to Quantum Computer FUD 11 years ago
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“SHA-256 is very strong. It's not like the incremental step from MD5 to SHA1. It can last several decades unless there's some massive breakthrough attack.” “If SHA-256 became completely broken, I think we could come to some agreement about what the honest block chain was before the trouble started, lock that in and continue from there with a new hash function.” Source: https://bitcointalk.org/index.php?topic=191.msg1585#msg1585 And keep in mind that this is worst case situation, as if Quantum computers came unsuspectedly years earlier- I think lamport signature or other solutions could easily be implemented before any trouble comes. Submitted August 29, 2020 at 06:48AM by Veryuniquenames https://ift.tt/3ltThxq
2020 tax form has major implications for crypto traders
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Why I am still Bullish on Bitcoin After Hodling it for more than 4 years
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I started buying btc ( which I never sold afterwards) in 2016, and have been holding only btc since then. I continue to hold it, and even buy it, even though today my so called btc stash is 20x its original price. Here is my opinion about btc's expected price action in next 2-3 years first point, there will be no parabola like late 2017, where btc price went 4x in about 4 months. 4x price action in such short range, will not happen, Because there are many exchanges like bakkt and cme, which allow shorting of btc. Which means that price action will not be drastic. the upward movement in price will continue for next 2-3 yeras, and beyond. Overall, I expect it to be at 18k at EOY, and at about 25k-40k at end of 2021. The price rise is happening due to demand from gbtc ( normal 401-k holders), and demand from recent buyer like Microstrategy , which is a mnc that bought staggering 22k btc. That 22k btc, btw, took price from 9k to 11k. So here you can see demand directly taking pr
RIP to the first bitcoin transaction recipient, and full node operator (6 Years today)
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FBI foils $1m Bitcoin ransomware attack against Tesla Gigafactory
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In bullish reasons for BTC today:
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JP Morgan is investing and on the board at ConsenSys, bringing JP Morgan to ethereum. So the biggest banks are now moving to blockchain in many applications. It’s a complete 180 from Jamie Diamond blasting crypto a few years ago. There appears to be a Cold War race right now between the US and China to develop a national crypto to help stabilize troubled economic system around the world. A currency tech race seems inevitable and probably will happen extremely fast. Fidelity Investment, one of the largest asset managers in the world, has now opened a Bitcoin Fund and released a long report with a stock-to-flow analysis putting Bitcoin at $1,000,000 by 2025. This is the type of shit Mcafee would say in the past, now our biggest financial institutions are saying it. At this point we see the biggest financial institutions and the biggest nation’s governments are getting into Defi. The general market is going to see that Bitcoin isn’t going away and is a safe and reliable asset.
A whole new kind of lightning & fiat interface through debit cards? Announcing lastbit
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Soon after Satoshi made his big announcement more than a decade ago, a lot of concerns emerged pointing towards a crucial problem on his solution: scalability. Particularly since Mt. Gox, a lot started to change for Bitcoin. Out in the open, a multitude of crypto exchanges started popping up making Bitcoin and other coins easily accessible to pretty much anyone. Nevertheless, the original concerns on Satoshi’s proposal remained. In parallel and away from the spotlight, a group of passionate developers started crafting the solution to Bitcoin’s scalability problem. Today the solution is here and it’s name is the Lightning Network. Currently, users can access for free a wide range of Bitcoin Lightning wallets. Nevertheless, instant Bitcoin payments are still far from mainstream. Most of these wallets are extremely hard to use and as such are only catered to the most experienced of users. Despite that, the future of Lightning looks bright. As of today, there are over 11K Lightning nodes
I have only One thing to say to the White Truck that looted my farm stand.... You didn't steal my Bitcoin!!!😁
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Wasabi Wallet Is Revamping Its CoinJoin Design to Allow Bitcoin Mixing With Differing Values
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I just created a crypto ticker app for mi iPad, will release if there is enough interest in the community
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Owning Bitcoin is like owning equity in a virtual whole-life insurance policy, a bank, data storage provider, gold mining/energy company, networking company, a casino, a credit union, a money market, and a communications company all rolled into one.
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Digital Currency Group invests $100mln into Bitcoin mining capital and advisory firm
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What today's landmark Federal Reserve speech means for money: As the dollar is devalued, Bitcoin will shine as a hedge against inflation and alternative reserve currency.
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Has anyone here used Simplex's new Account feature?
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In case you missed it: https://www.simplex.com/account/ My friends in the EU were talking about it and said they've had good experiences using it. I'd like to know if you can echo those statements as they're not super into technology. To me it seems like it's a Transferwise competitor. I occasionally sell Bitcoin to pay my bills (a man has gotta eat...) and euros work for me. Would appreciate your thoughts! Submitted August 28, 2020 at 06:44AM by PlayfulBenefit https://ift.tt/3hD7fKL
US Federal Reserve to tolerate higher inflation in landmark policy shift - Brrrrrrrrrr
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Why do so many people think Bitcoin will hit a million anytime soon? It would have to go up a whopping 1000 dollars a day to do it in 3 years at the earliest right?
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Why do so many people think Bitcoin will hit a million anytime soon? It would have to go up a whopping 1000 dollars a day to do it in 3 years at the earliest right? or a 1000 a week would be 7 times that long or a thousand a month would be 30 times that long is this math right? Submitted August 27, 2020 at 07:31PM by anzel2002 https://ift.tt/2EzNeGt
Bitcoin’s Worth Shining as Fed Says Inflation will Rise and Interest Rates Drops
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Umbrel ☂ | bitcoin & Lightning Node | Raspberry Pi 4 Setup Install | #2 🚀
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Paying Tribute: Bitcoiners have Donated 18.3 BTC ($207,800) to Satoshi's Genesis Address
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The Fed targets 2% price inflation, but anyone paying attention to their monthly budget knows their expenses are increasing much more than 2%. Bitcoin targets a diminishing inflation schedule capped at 21 million bitcoins and anyone can verify it’s on target.
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Fidelity Launches Bitcoin Fund With Minimum Investment Of $100,000
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Beirut Explosion and Bitcoin
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Hello Due to the dollar shortage and inflation mainly due to the high corruption in our country, I stumbled on this https://www.coindesk.com/binance-charity-donation-beirut-explosion-relief It fills me with joy that the Bitcoin community all around the world is pitching in to help us and is an amazing initiative! Submitted August 27, 2020 at 05:09AM by Nuk37 https://ift.tt/32sLlnf
Major Korean Crypto Exchange Seized After 99% Trading Volume Allegedly Faked
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Fidelity to offer Bitcoin to investors under the newly created "Fidelity Digital Assets". Minimum investment: $100k. Bullish
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The BIGGEST DIY Bitcoin & Cryptocurrency SOLAR MINING FARM Tour!! ☀☀
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Bloomberg : Fidelity Launches Inaugural Bitcoin Fund for Wealthy Investors
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Korean & Japanese users now can use Bybit to purchase Bitcoin & crypto with fiat!
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Grayscale ETF added 4,454 BTC to its stack today alone.
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No, China Cannot Reverse Bitcoin Transactions—Here's Why
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It's official: Fidelity just filed for an institutional-only bitcoin fund with the US Securities and Exchange Commission (SEC). Will this one fail like the rest of them?
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My college essay on Bitcoin and computers. First Draft. Thought you all might like this.
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I always thought computers were simple. At their fundamental level, they are just 1s and 0s. An invisible dance of yes’s and no’s running through a sheet of silicon at billions of times per second. Computers are amazing and unique machines that will forever be apart of our lives. Our sheer dependence on computers motivated me to research the topic? As my understanding of this concept grew, so did my curiosity. I started researching computers as much as I could. I would spend hours a day browsing Youtube and reading articles just to satisfy my interest. That’s why when my dad first brought up the topic of bitcoin during my freshman year, I wasn’t surprised to hear his enthusiasm. I had learned much about this currency over my couple years of research, but I knew very little about how to actually make money off it. He had been tracking the price for a few months and was considering buying a few, just to see what would happen. Little did either of us know; the price of this virtual coin
Here's a teaser for our new Bitcoin Lightning Network enabled game, TURBO 84. It's a follow up to the first bitcoin game we released this year, Bitcoin Bounce.
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Stakenet Lightning DEX is now in Open Beta - Trade and use BTC over Lightning Network.
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Bisq Review: What is Bisq? How to Trade Bitcoin on Bisq? Fees
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How to manage ASICs and GPU rigs efficiently with Hive OS
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After four years of explaining of the benefits, I finally convinced my dad to buy bitcoin!
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WARNING!Please guys be extremely careful!
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I hope my story will help some of you to never repeat my mistake. I just got scammed the way I never even thought is possible ( some of you might heard about this but I never heard until today). Decided to cash some money out thru Coinbase, logged-in and copied BTC wallet address thru built-in Copy function as it shows on the screenshot below. Logged in Binance to sent the BTC to Coinbase and just pasted the address from the buffer without second thought. Pushed the transaction. 1hour later I realized that its different address and only first 4 symbols are same. Somehow my copy-paste buffer changed the address from right one to wrong one. Money lost. No way to recover it. Please dont repeat my mistake do not blindly trust to copy-paste buffer , your computer could be infected with malware that swaps addresses and it will be too late when you realize that. P.S: Since Coinbase not showing whole address and first 4 symbols were the same it was very easy to overlook https://preview
Major LND Upgrade Enables Bigger Lightning Channels
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Bitcoin Core contributor Andrew Chow's (Achow101) Twitch channel where you can watch him programming for Bitcoin Core and explaining his thoughts
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Bitcoin destroys gold
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I can’t sell my physical gold instantly while I’m at home. With bitcoin I can do it from home... naked. I can’t tell if my gold is real or fake, it could just be a tungsten bar from China. With bitcoin I don’t need to worry about such trivial things. Everything is open for me to verify without any third parties trust. I have no idea how much gold is really out there. With bitcoin I know exactly how much is being produced and how many exist. I can’t send my gold anywhere in the world instantly. With bitcoin I can do it in the middle of the ocean from a satellite to someone anywhere on the globe I can’t sell a small portion of a gold coin instantly or pay for things easily. I would have to melt it in the crucibles to buy a taco from jack in the box. I can’t mine gold in my shed out back. I can with bitcoin, if I had the funds. Gold is for boomers. Bitcoin destroys gold. Submitted August 26, 2020 at 12:10AM by Lagaru https://ift.tt/3aUj5h8
Trezor and Unchained Capital Team Up To Make Multisignature Safer
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Another Bitcoin Lightning Startup Is Working With Visa to 'Fast Track' Card Payments
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“We’ve been working for years now, towards building a decent lightning/fiat solution. Lastbit now has Visa’s support towards getting this one step closer to reality”
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I am an accounting student in a California university. No professors or students even know what Bitcoin or crypto even is.
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With fiat failing the world day by day no one seems to care. Monopoly money keeps printing and the wealth gap between the ultra rich and everyone else increases. How much are people exposed to Bitcoin and crypto at your college or workplace? Submitted August 25, 2020 at 03:03PM by Papa_Jee https://ift.tt/3lik4ML
Got an email from my bank telling me that my savings account interest rate has been "Adjusted"
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Bitcoin isn’t trying to impose its world view on anyone. It is simply trying to show humanity a new way forward, like so many technologies before it.
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The USD system incentivizes people to cut corners, cheat, and be dishonest. The Bitcoin protocol incentivizes honesty, proof of work, and disincentivizes cheating. Bitcoin's security is stable, predictable, and backed by voluntary association. The USD's security is backed by government force.
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2 Canadian Firms are Now 'Holding Bitcoin as a Reserve Asset'
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5 reasons why bitcoin's bull marathon has probably just started
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Powell set to deliver ‘profoundly consequential’ speech, changing how the Fed views inflation
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Fed Chairman Jerome Powell speak Thursday during a virtual version of the Fed’s annual Jackson Hole, Wyoming conference. He is expected to outline what could be the central bank’s most active efforts ever to spur inflation back to a healthy level. “Average inflation” targeting means the Fed will allow inflation to run higher than normal for a period of time. The effort will be the reverse of former Fed Chairman Paul Volcker’s rate hikes instituted to quash inflation in the 1980s. Haha Bitcoin number go up https://www.cnbc.com/2020/08/24/powell-set-to-deliver-profoundly-consequential-speech-changing-how-the-fed-views-inflation.html?__source=twitter%7Cmain Submitted August 25, 2020 at 02:01AM by atrueretard https://ift.tt/2Yt91a4
Powell set to deliver 'profoundly consequential' speech, changing how the Fed views inflation
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Just got a letter in the mail from the IRS.. Coinbase??
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NEVER owned ANY funds in Coinbase. I simply had an account there and the IRS sent me a 6174-A. (Look this letter up for context) I inquired on it with the IRS directly and was met with an “apology” over the phone, that they’re sending these to all CoinBase users whether they have funds or not.. This letter seemed a bit threatening to me in a sense for just having an account there.. Ugh. Has anyone else gotten this yet? I verified the letter is indeed legitimate and they’re in the process of mailing these in bulk since the IRS supposedly subpoenaed Coinbase’s account records... Is there something I’m not updated on? Submitted August 25, 2020 at 02:45AM by PissyPantsAmity https://ift.tt/3j9Stvt
Brazil is Splashing the Cash to Print More Infinite Cash: They Can't Print More Bitcoins
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Earliest Bitcoin news reports: "Is it just stupid?" (aka THIS is why we HODL)
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The $1,200 Stimulus Check Exchanged for Bitcoin Will Become the Best Investment in History
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JoinMarket v0.7.0 released - one-click executable for windows - preliminary PSBT support - BIP78 payjoin support - SNICKER support
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U.S. election and a weak dollar are ‘high-octane’ drivers for Bitcoin
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Turkey Sees Record Bitcoin Volume Amidst Looming Currency Collapse
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Another company announces it is buying bitcoin as capital allocation strategy.
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⚡ What do you know about the Bitfinex Lightning Network integration?
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Bitcoin developer grant provided to Calvin Kim to work on Utreexo
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Full-Page Ad In Hong Kong Newspaper Tells Readers to Ditch Banks And Switch to Bitcoin
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IMF made a video about cryptocurrencies. They didn't get everything right nor accurate but still, it's a milestone 🤓 (and it's actually not as cringey as you might expect)
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If 20% of people in the world woke up today to understand how dangerous inflation is, Bitcoin would be worth $1M tomorrow
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Fun concept: playing monopoly but with sats on the lightning network
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This is Only The Third Time Bitcoin Has Traded Above $10,000 for up to 28 Days
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Bitcoiners in Hong Kong took out a full front page in the city's last independent print newspaper
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A Reddit Post From 2011 Argues $3 "Isn't Sustainable For Bitcoin"
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Nigeria Leaves the USA behind in Number of Bitcoin Wallets Downloads
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Created a Bitcoin Stock Art: 5 Years of market activity + Bitcoin cash in the back.
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Venezuela update. 446 BTC were traded using LocalBitcoin last week, buying BTC with Bs. and selling BTC for Bs. (Bolivares, Venezuelan "official" currency). These 446 BTC were 1,482,000,00,000 Bs. (Bolivares, ATH). One BTC is around 3,650,000,000 Bs. Monthly minimum wage is around 2.5 USD
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Just updating this week number, looks like this month we will be slightly under 2000 BTC. I post this so people know what is going on here with crypto. The is a retail store where you can purchase anything using cryptos, it is called Traki https://finance.yahoo.com/news/venezuela-largest-retail-chain-1-213556131.html UsefulTulips gives a monthly amount but in USD, around 5 USD millions weekly. This is only measured using LocalBitcoin, there are other exchanges like AIRTM, Uphold, Binance and so on, but no open data as far as I know. Most of the Localbitcoin trades are in Bolivares (BTC to BS and BS to BTC). Here are more stats https://www.usefultulips.org/combined_VES_Page.html I recommend reading this website, it is one of the best english websites for Venezuela news (they sometimes touch the crypto and economic situation). https://www.caracaschronicles.com/ The average income of the Venezuela is 0.72 USD daily (2020 numbers). https://www.caracaschronicles.com/2020/07/08/yes
I'm 16, 0.25 BTC currently, No livelyhood expenses got about $8000 available self earned that I could put into BTC or something like tech stocks. Thoughts?
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CNBC: "Report finds $50 billion of cryptocurrency moved out of China hinting at capital flight against Beijing rules".
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Interview with new Blockstream researcher Sanket Kanjalkar – PoS flaws, SNARKs, Miniscript, Simplicity & Taproot activation – Unhashed Podcast
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A new batch of 600 bitcoin stickers is ready to hit the streets of Tel Aviv! Thanks Phneep and Lucho Poletti for the incredible artwork and the permission to print it! And to our Bitcoin Embassy community volunteer that did all the manual scissors work :)
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Ready to Wumbo: LND Enables More, Larger Bitcoin Transactions on Lightning
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I've been reading a lot about Bitcoin and Crypto in general, I can't see a world where Bitcoin doesn't surpass a million.
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I am some random redditor, remember. This is my opinion. But with a 21,000,000 max supply I cannot comprehend how Bitcoin will possibly not absolutely sky rocket. If only 0.25% of the world's population wanted to buy 1 BTC, that would completely cover the entire supply of Bitcoin. With the technology of the block chain and the exponential rise of technology, I cannot possibly fathom how Bitcoin could not continue to climb in the following decades. There are so many variables but Bitcoin seems so fundamentally flawless in principle. Am I missing something here? Every day that goes past I am saddened by the fact that I don't make enough to invest considerable amounts. Submitted August 23, 2020 at 09:30AM by jackrunit https://ift.tt/31j0mZy
You know it's true. Bitcoin vs. Your Government.
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Moonmath
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So, ive been buying Bitcoin since 2017. I thought i was late and have heard people say the same who got in 2013. Maybe everybody thinks theyre late? Although in hindsight it feels like it would have been so easy to buy BTC when is was cheap. I ran some numbers to find out how it would have felt if I has found BTC 4 years earlier. Similar buys, similar time span. Turns out its more or less identical. So right now im actually a mofo with insignificant BTC stack in 2016, about to experience 2017 but not aware of it. This is an encouragement for every newbie. Just start! Everybody once felt like you! http://er-bybitcoin.com/moonmath/ Submitted August 22, 2020 at 03:33PM by jamespunk https://ift.tt/2YnjPqb
Beyond Coffee: Bitcoin for Every Day Use with LNURL
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Daily Discussion, August 22, 2020
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Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. Submitted August 22, 2020 at 12:00PM by rBitcoinMod https://ift.tt/2YqRI9k
Storing your coins safely while not risking loss of keys
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This was originally an answer to a question that was asked here, but OP deleted their post. This might help some newbies (especially the multisig edit at the end), so I want to make sure it's still accessible here. The original question was whether the Electrum wallet stores a Trezor's private key when using a passphrase. OP noticed that their Trezor wouldn't connect to their Electrum wallet when entering a different passphrase than they used when creating the wallet. Thus, OP (likely) assumed that the wallet stored the private key, as it somehow knew that a different private key was now used. Here is my original answer (with some modifications): IMPORTANT: I'm assuming here that you connected your Trezor by choosing the "hardware wallet" option in Electrum, rather than giving Electrum your 12/24 seed words. TL;DR: No, your coins are safe :) I'm assuming by passphrase ) you mean the 25th (or 13th) word. When you have this feature enabled, a private
Microlancer.io is a good site for introducing new people to the lightning network ⚡ I think people in the future will be introduced through second-tier solutions 😁
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Check out my guide on How to buy non-KYC Bitcoin off BisqNetwork with a US Postal Money Order, perhaps the most private purchase option available 👇
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An Analysis and Disclosure Regarding the Deterministic Nature of the Wasabi Wallet CoinJoin Algorithm
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Today I received my salary in Bitcoin for the first time
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Yes it happened, finally. This is what freedom feels like. For me is not about speed or scale, or even cheap fees. It's about freedom. For around 6 years I've been working remotely from my third world country for companies abroad, receiving my salary in USD. Regulations in my country still have not catch up yet, so my funds are frozen by my bank from time to time. They ask me for an official contract to validate my income, but what I show them does not meet their expectations. "Virtual contract? What is even that?". They want something signed by pen. All this damn hassle just to receive and use my hard-earned money as I see fit. But today, I'm free. Bitcoin is the true breaker of chains, and the only way forward. Submitted August 22, 2020 at 10:04PM by phasnox https://ift.tt/2EgNvOO
‘Warren Buffett’ Index Predicts Stocks Crash — How Will Bitcoin React?
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The “Buffett Indicator” has hit levels unseen since the dot-com bubble, and Bitcoin could see a major reaction in the event of a major crash in stocks. Does this provide any glimpse into Bitcoin’s long-term trend? According to Tom Essaye, the founder of Sevens Report Research, stocks are considered as “fundamentally overvalued” when the Buffett Indicator hits 1.3. The current level of 1.7 indicates that there is a potential for a steep downtrend in the stock market if the trend reverses. He explained: Submitted August 22, 2020 at 06:39PM by ravindernath101 https://ift.tt/34rZsf9
Had a friend in his 30s pass away, now his Bitcoin is gone forever...
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I've definitely given this food for thought before, but now I feel like I need to get a little more serious with it... How do you plan to pass your Bitcoin onto your heirs?? I had read before about someone having a will/trust/whatever that listed half of the key, and then another document that would point to a safety deposit box that had the other half of the key. Otherwise, how else can you pass it on??? Nobody's gonna know your passwords, keys, etc. This guy told me he had a lot of BTC that he could retire off of. Poof. Gone forever. I know haters gonna hate, but I feel like this is one area that paper wallets really are the best. Just my opinion, at least... Submitted August 22, 2020 at 03:56PM by grndslm https://ift.tt/31kzKHK
Raoul Pal: A Perfect Storm Has Brewed For Bitcoin
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After discovering LN I won't stop using it 😁 I've already introduced it to my family members it's amazing ❤️
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Who Knew About Bitcoin In The 90s? It Seems These People Did
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An Introduction to the RGB Protocol: A Smart Contract System for Bitcoin
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Time to buy in
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Lets start off by saying I have called a lot of the dips back in 2016-2020 just check my posts on here and bitcointalk. I know this might dip, and hell we might even see 10,500-11K again. There is just too many forces at work for this not to go a lot higher though. #1 is you have Greyscale and other companies picking up huge amounts of bitcoin almost double even what the miners are able to produce per block. Simply put the supply is dwindling and the upward pressure will be too strong at some point. The miners tend to sell some of their rewards, but they are not selling all. #2 The dollar is in a really bad situation here. If people are noticing the main correlation of where bitcoin price goes it lies in the strength/weakness of the dollar. With 28 trillion in debt I am not sure how we make it out of this hole. I don't think you will see it completely collapse, however the printing presses are really going full tilt which inflation is under control right now, but for how long ?
Giving 100$usd in BTC to whoever needs it most. Explain in comments. Person will be picked by 9pm pst.
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Protecting Your Bitcoin Privacy with Max Hillebrand — What Bitcoin Did
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Daily Discussion, August 21, 2020
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Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. Submitted August 21, 2020 at 12:00PM by rBitcoinMod https://ift.tt/32g67GN
Bitcoin Magazine Interview: Investing in Bitcoin with Brian Estes
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Uber’s ex-security head paid $100,000 in Bitcoin to cover up hack, says FBI
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why always 0.00000547 BTC?
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someone sent 0.00000547 BTC each to lot of addresses, some of the receiving address have big amount of coins, anyone can explain why this keep happening, a new kind of scam? like this address keep receiving during recent days https://blockchair.com/bitcoin/address/3FuqMT3VeyRhB917aiJUeWSn2jRt4M3hw8 Submitted August 21, 2020 at 01:30PM by adelemak https://ift.tt/32gvXu0
Will a Bitcoin Digital Gold Rush Save America’s Economy?
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Worst Case Scenario, Bitcoin Really Does Go To The Moon, and Beyond. Let's Discuss
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This is an entirely hypothetical scenario where the price of btc really does go to the moon, or even beyond in a manner similar to PlanB's stock to flow model. Phase 1, bitcoin continues to rise in price from its current level of about $12,000. Some in the investing industry take notice and move into btc as a reserve asset, but so far bitcoin continues to remain an asset few are thinking about and fewer are investing in. Phase 2, the price of bitcoin has risen to $50,000 and what was once one or two corporations investing is now a handful. Bitcoin is now in the news fairly regularly and CNBC now displays a ticker. A few more corporations are investing and the Robin Hood crowd is starting to really take notice. The DXY has dropped from the low 90's to the high 80's. Congress finally passed another round of stimulus and even more people are beginning to seriously discuss UBI as both parties want to do whatever it takes to get into office. Phase 3, a modest UBI was finally
Lightning Network: the Wumbo update is here - The Cryptonomist
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New release of JoinMarket 0.7.0, includes BIP78 payjoin support, pre-built GUI executable for Windows, backend library changes and other minor fixes
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My Bitcoin Story -- This is why you HODL
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During the Christmas of 2012, we teamed up with Bitcoin Black Friday to be one of the first apparel companies to accept Bitcoin for purchases. We had no idea if anyone would actually buy anything with their bitcoin, but we were new and small and we were looking for ANY revenue streams. There were a couple of great processors that we knew we could convert back into dollars quickly and not lose too much money if the price of bitcoin went down (Laughing at this thought right now). The price at that time for a bitcoin was around $13 each. We had more than 2000 coins come through the website that Christmas. We talked about holding them, but then bills and running a business got in the way. Today those 2000 coins would be worth $22 Million dollars. If only we had held on. Anyways, i do own Bitcoin today, but only a fraction of 1 bitcoin. The irony of that is so funny. Now I buy and hold, but holy cow what if! :) Submitted August 21, 2020 at 01:25AM by rememberdan13 https://ift.tt/3l3Dk
IRS Violated 'Taxpayer Bill of Rights' With 2019 Crypto Letters: Watchdog
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Bitcoin Holding Sentiment Strongest in Nearly Two Years
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What is the best app to make instant purchases and payment of BTC?
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Hey guys, I’m a newbie in this trending crypto technology ( Bitcoin to be specific). Which platform can I use to instantly buy my Bitcoin at a relatively low price? I’ve tried coinbase but its fees are outrageously high. Moreover, a platform that would allow me to make quick payments with Bitcoin for any type of goods and services even if the merchant has a traditional POS terminal (fiat). I’ve heard of Lightning Network (LN), which I find an interesting concept of solving the unending debate of buying a cup of coffee for BTC and has accelerated transactions too. I’m lured into trying this tech but my concerns are, should I put all my head into it when we all know most merchants haven’t embraced it yet? Then, with all these sophisticated techniques behind it will I send Bitcoin via LN to my peer without them having to understand those nitty-gritty details? Thank you for your help. Submitted August 21, 2020 at 02:24AM by islyfe https://ift.tt/3aKu1y0
How I scammed a scammer out of 0.001 BTC with RBF
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A scammer named lawrence2276 tried pulling off a bitcoin trading scam on me. I pretended that the websites he sent were broken (using inspect element), until he finally told me to send directly to his address. I asked him if he could do a test tx where I send him 0.001 BTC and he sends it back. He agreed. I sent this TX: https://live.blockcypher.com/btc/tx/687fe72c6173f1ed2d9b4929ee4e4a1b85dd6d5e2f8773ed9ebab52a6e568295/ and the guy sent me back 0.001 BTC without waiting for confirmations: https://blockchair.com/bitcoin/address/12CPhvSp88sv7QnwnzanzxV3bjm5m51TPx . He didn't notice that I had RBF on. From here, it was simple to double spend the funds back into my own wallet. https://live.blockcypher.com/btc/tx/d4dff793d00588b9fe33c8b95c7a056573d224b8028760519b4c3d83f03f9182/ Here's the double spend. This is why you shouldn't accept zero confirmation transactions (especially ones with RBF enabled). If you want to know whether RBF is enabled, enter your txid on blockc
Announcing lnd 0.11-beta: Let's Get Ready to Wumbo!
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A Friend of mine recently bought his First Bitcoin and asked for some tips on how to keep it safe... Thought I'd share them here as well!
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Here are a few things you can do to keep your Bitcoin safe: #1 Use Hardware Wallet: Hardware Wallets are considered one the safest solution to store your bitcoin. Your private Keys stay offline so chances of a hacker stealing your bitcoin are relatively low. Wallets like Trezor and Ledger are two of the most popular wallets currently in the market. #2 Never Store your Bitcoin on Exchanges: Most of the major Bitcoin hacks have always taken place at an exchange. Such platforms are always the high target for cybercriminals thus storing your bitcoin/crypto there is not a good idea. Always withdraw your assets once the trade is made and store them in your personal wallet(s). #3 Use separate wallets for daily use and savings: It is always wise to keep your daily use bitcoin and savings in separate wallets. If you are using bitcoin for daily transaction your wallet will spend a much higher time online, which increases its risk of getting hacked. Only keep a small amount in such wa
Bitcoin held by crypto exchanges drops to 20-month low
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Turkish Bitcoin exchange BtcTurk, has become the official main sponsor of Turkish National Football Team!
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‘Extreme’ Bitcoin Growth In Africa Is Sending Crypto ‘Mainstream,’ Binance-Backed- Exchange CEO Reveals Alongside Fresh Funding
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Turkish National Football Team has a new main sponsor
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BIP 157 PR has been merged in Bitcoin Master (Opt-in support for Light Clients like Neutrino) 🎉
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My 60 year old + neighbour asked me about Bitcoin this morning
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Middle Eastern Restaurant Chain Converts Entire Reserves to BTC
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Hey guys, I'm out it was a great run, thanks to all
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It was a fun run, but I finally made enough money to live comfortably. Hope you guys hit your dreams too! And if what I sold for millions becomes worth billions one day, then someone please kill me before I do it myself. Okay, now that those readers are gone, I'm not really out. Fuck that I'm never selling my coins. Someone will have to offer me a rate of 100k a coin to sell off even 1% of my holdings, and over 1 million a coin if they want 3% of my holdings. The most I'd ever sell is 10%, and that's only if they offer me 10 million per coin. After that, I don't care if they offer me 1 billion per coin I ain't selling shit. Only way I'll use it after that is as collateral for rental buildings and other businesses. Anyway, hopefully this post tricks the trading bots. HODL on hermanos! And most importantly, BUY THE FUCKING DIP! Submitted August 20, 2020 at 02:18AM by PositiveResonanceSng https://ift.tt/3hevwqi
₿ Bitcoin is the best alternative of not only dollar, but also all currency.
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“One of the furthest north Bitcoin machines on earth”: Bitcoin ATM installed in Kitimat Canada
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Safety first boys and girls!!! Nobody holding my coins for me anymore. Let's do this. To the moon.....
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So Microstrategy bought 20,000 BTC. If every fortune 500 company bought that same amount, that's over half the entire supply of Bitcoin. Bullish.
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Bitcoinschläger or Satoshischläger?
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I want to start a new line of cinnamon schnapps in Zug that celebrates BTC as much as Goldschläger celebrates the excesses of gold. 1) What should be floating in it? BIP39 codes? Lightning bolts? 2) Do you prefer the name Bitcoinschläger or Satoshischläger? (Or have a better one) Submitted August 19, 2020 at 04:18PM by Blockchainauditor https://ift.tt/2Q7YUCU
Daily Discussion, August 19, 2020
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Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. Submitted August 19, 2020 at 12:00PM by rBitcoinMod https://ift.tt/3iS2k9a
"Fiat is the money for boys, gold for men; but he who aspires to be a hero must use Bitcoin.” - Samuel Johnson
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Is bitcoin a good long-term investment for teenagers?
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One Small Step for Bitcoin - SpaceChain Secured Transfer From International Space Station
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The similarities from the last consolidation are uncanny.
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Edward Snowden got paid $35,000 to talk about Bitcoin
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Blockchain Wallet Hacked, Help!
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I just did a bitcoin deal and it did not go well. They demanded that I use a fresh blockchain.com wallet. I created a new wallet (usually I use Samourai), because I did not see why this would be a problem. Blockchain is an established company so no problem. They sent me the coins. We waited for 2 confirmations. The guy left. As I was just about to send the money to my other wallet, I saw a new transaction in my wallet, sending all the money away. I quickly tried to double spend myself by writing a manual transaction but I wasn't fast enough. The money is gone. How is this possible?! They guy never touched my phone. I had a brand new wallet. And we waited for confirmations on the chain (I checked on other block explorers as well, the confirmations were real). My only guess is that my phone is compromised somehow, or that there is a blockchain hack. He sent me a smaller test amount first. From that first transaction, could his hacker friend who was obviously doing the attack i
Somebody should make a Bitcoin lightning ATM that accepts and dispenses quarters. Put them in laundromats, gas stations, and arcades. It would be a great way to grow the network and show off how fast the Bitcoin lightning network is.
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And since it's so little value at once, they shouldn't be subject to AML laws. Somebody check me there. lol Plus this would be a great way for anonymous BTC, which means minors could buy Bitcoin lightning sats with their change instead of gumballs or whatever. Make the fees just enough to break even. Popularizing Bitcoin is worth far more than making ATM income. You might get too many quarters. Well, businesses are literally short on change. So you could probably get a premium on those quarters under the right circumstances. How would it work? Coin slot - quarters only, screen with instructions, indention with camera for scanning your QR code from your phone. You could add a button for batching. So if you want to buy $1.75 of BTC, you put in your 7 little quarters and hit the GO button. You don't even need a button. Just scan the phone when you're ready to withdraw the Bitcoin you paid for. You don't even need a screen, really. Just instructions: Test the
Wifey made me a shirt with her new cricut machine
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It’s Time to Open Your Eyes Right Now, Bitcoin Is a Monetary Revolution
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Daily Discussion, August 18, 2020
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Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. Submitted August 18, 2020 at 12:00PM by rBitcoinMod https://ift.tt/324Cisi
I finally managed to get my stupid lightning node working!
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I woke up to this text from my Grandad, a retired financial advisor (and Bitcoin skeptic)
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“Most bitcoins already cost at least $100k, but probably more like $10 million.” -Michael Goldstein
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Blockstream Satellite celebrates its 3rd year anniversary!
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Turkey Hit By Bank Runs, Currency Panic As Locals Sell Their Cars And Houses To Buy Gold While Lira Implodes
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Can you believe it? It's been 12 years to the day since the bitcoin.org domain was registered!
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When this happens; don't say I didn't tell you to buy ฿itcoin
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Bitcoin up 43% since Paul Krugman congratulated himself on predicting it's "decline" in 2018
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If you thought MicroStrategy's Bitcoin buy was a big deal, just wait for JP Morgan Chase to allocate a % of their cash into Bitcoin. It's going to happen.
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Bitcoin now worth more than all of the New Zealand Dollars in existance. #34 largest currency in the world.
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Those Who Say Bitcoin Can’t Reach $1 Million Are the Same People Who Said Bitcoin Can’t Reach $10K
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The market cap for bitcoin just surpassed Bank of America!
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Bitcoin has surpassed $ 12,000 and is heading for the Moon
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I don't care if Bitcoin goes to zero, it's our best shot at free people's money
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BITCOIN above $12,000 after an initial rejection
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