Thursday, 30 June 2016
I engraved an aluminum cold wallet.
Submitted July 01, 2016 at 04:36AM by Son_Of_A_Diddley http://bit.ly/29hGe1i
We expect a statement from Brian Armstrong regarding numerous recent user-impacting issues on Coinbase/GDAX platform.
My bank account got suspended and there is an ongoing 10-day investigation. It has $8,000... :|
Winklevoss Bitcoin Trust dumped NASDAQ for the largest market operator for exchange-traded funds, BATS
Submitted July 01, 2016 at 01:58AM by Coinosphere http://bit.ly/29do5kK
Joseph Poon & Tadge Dryja: Scalability And The Lightning Network
I engraved an aluminum cold wallet.
Did everyone here turn into pussies?
(x-post /r/dataisbeautiful) For every $1 worth of bitcoin in existence, there is $1,560 of gold, $39,800 of debt, and $240,000 of derivatives
Submitted July 01, 2016 at 04:51AM by BinaryResult http://bit.ly/29eLuks
Citigroup's Citi Research: 'Bitcoin is an Opportunity for Banks, Not a Threat' ["The power behind an open network like bitcoin is the possibility of incorporating it with other tech to bring about true innovation, such as apps that support the Internet of Things (eg machine-to-machine payments)."]
"If you're not exhausted from trying to keep up with what's going on in Bitcoin, then you're not keeping up with what's going on in Bitcoin."
Submitted July 01, 2016 at 12:16AM by eragmus http://bit.ly/29iNHuk
How a double charge ruined my Hawaii trip, and why bitcoin is so necessary to change the status quo.
(x-post /r/dataisbeautiful) For every $1 worth of bitcoin in existence, there is $1,560 of gold, $39,800 of debt, and $240,000 of derivatives
Tuur Demeester: "Bitcoin mining is becoming an energy transaction platform: mine coins with excess energy in one location, purchase needed energy elsewhere."
Submitted June 30, 2016 at 02:08PM by eragmus http://bit.ly/294AMJI
Is there a reliable source that shows the current energy consumption of the bitcoin network?
Submitted July 01, 2016 at 03:52AM by koinan http://bit.ly/295Yl9x
The ultimate answer regarding the "terminator" FUD:
Winklevoss Bitcoin Trust dumped NASDAQ for the largest market operator for exchange-traded funds, BATS
42% of 832 world tech industry leaders think that digital currencies will disrupt banking and payments in the next three years.
According to the KPMG survey that you can find here on page 19.
Question was : What is the likelihood that digital currencies and platforms will disrupt banking and payments in the next three years?*
Hope this could be interesting for some of you!
Submitted June 30, 2016 at 11:28PM by draacken http://bit.ly/2936FSI
MGT to build 10 PetaHash mining plant in Washington State
Submitted June 30, 2016 at 11:58PM by themiro http://bit.ly/29cPfbF
Paxful co-founders: We process 8,000 bitcoin transactions per day
"If you're not exhausted from trying to keep up with what's going on in Bitcoin, then you're not keeping up with what's going on in Bitcoin."
Seems Abra is finally available in the US
Submitted June 30, 2016 at 08:22PM by ItsMillerIndexTime http://bit.ly/297GDnc
Getting Closer To A Bitcoin ETF?
Submitted June 30, 2016 at 10:14AM by rybeor http://bit.ly/2969Yed
MGT to build 10 PetaHash mining plant in Washington State
42% of 832 world tech industry leaders think that digital currencies will disrupt banking and payments in the next three years.
Bitcoin to react? Mark Carney predicts stimulus to fight Brexit recession, sending pound sliding - live updates | Business
China Proposes to Keep Online Payments in Check
China Central Bank new Fee policy for online payments
Submitted June 30, 2016 at 06:33PM by abercrombezie http://bit.ly/296Mxl7
Seems Abra is finally available in the US
Quality work for Bitcoin
Chinese Miners Announce 'Terminator' Plan to Hard Fork to 2MB Blocks
New York Times: "How China Took Center Stage in Bitcoin’s Civil War" (Nathaniel Popper)
Submitted June 30, 2016 at 04:44AM by eragmus http://bit.ly/29aXHbi
Costs me 4% premium to pay with bitcoin rather than my credit card on every single purchase... Killer app is to pay more and get no consumer protection???
So I wanted to buy something with some bitcoins but bitpay is the payment processor, and their exchange rate is $10 below bitfinex/GDAX/Gemini/Itbit prices...
The thing is Ill pay less if I use a credit card, plus get 2% cashback from the Credit card (any purchase always gets 2% cashback)... so I pay 3.5% to 4% less (2% cashback and 2% less than paying with bitcoin) by using a legacy payment method, that provides me with consumer protection and other benefits (extended warranty, purchase protection etc etc... ).
This is an actual experience and Im interested in hearing what other people think about these kinds of situations.
Edit: this isnt even factoring in the costs of purchasing the bitcoins like wire transfers and exchange fees. Likely will be at least another .5% or more.
Submitted June 30, 2016 at 11:50AM by fluffy1337 http://bit.ly/29emQ5e
FBI Overstepped Boundaries Again in Silk Road Investigation
Submitted June 30, 2016 at 04:09PM by fearofhellz http://bit.ly/29bShgl
Tuur Demeester: "Bitcoin mining is becoming an energy transaction platform: mine coins with excess energy in one location, purchase needed energy elsewhere."
Lehman to happen again? IMF: "Deutsche Bank Poses The Greatest Risk To The Global Financial System"
Submitted June 30, 2016 at 01:49PM by DajZabrij http://bit.ly/29eJytW
China Central Bank new Fee policy for online payments
FBI Overstepped Boundaries Again in Silk Road Investigation
Meet my new cat - his name is Satoshi
Submitted June 30, 2016 at 08:43AM by jon4000 http://bit.ly/29enyzi
Russian prime minister on blockchain: "Time to build law framework to deal with it" (English CC)
Submitted June 29, 2016 at 07:30PM by bit_novosti http://bit.ly/294XN0J
Lehman to happen again? IMF: "Deutsche Bank Poses The Greatest Risk To The Global Financial System"
Wednesday, 29 June 2016
World Economic Forum: 'Unblocking Blockchain' Panel w/ Jeremy Allaire (Circle CEO) - ["We now have non-sovereign money and it has a lot of advantages and it is just going to grow."]
Bitcoin pulse update June 29th - Facts for us to nerd out on
3 Reasons Why Every Portfolio Should Have Bitcoin
Submitted June 30, 2016 at 08:28AM by CryptoHustle http://bit.ly/296qjDx
Meet my new cat - his name is Satoshi
Costs me 4% premium to pay with bitcoin rather than my credit card on every single purchase... Killer app is to pay more and get no consumer protection???
Getting Closer To A Bitcoin ETF?
Planet Money: #708: Bitcoin Divided
Submitted June 30, 2016 at 02:24AM by jdguy00 http://bit.ly/29dlpUM
Diff of the newest Winklevoss filing here:
3 Reasons Why Every Portfolio Should Have Bitcoin
New York Times: "How China Took Center Stage in Bitcoin’s Civil War" (Nathaniel Popper)
Winklevoss Bitcoin Trust Filing
Submitted June 30, 2016 at 04:32AM by koinster http://bit.ly/296Ax4T
Winklevoss Bitcoin Trust Moves Filing to BATS Exchange
zerohedge: "Winklevoss Bitcoin Trust [ETF] files for max offer up to $65M"
Submitted June 30, 2016 at 04:13AM by eragmus http://bit.ly/29qp6Ta
Winklevoss Bitcoin Trust Filing
Planet Money: #708: Bitcoin Divided
zerohedge: "Winklevoss Bitcoin Trust [ETF] files for max offer up to $65M"
Blockchain.com has launched a beautiful new website that makes the whole Bitcoin ecosystem look even more professional
Submitted June 29, 2016 at 11:22PM by MemoryDealers http://bit.ly/29pucis
Investing in Bitcoin Has Delivered an Annual Return of 82%
Submitted June 29, 2016 at 07:07PM by vlarocca http://bit.ly/29ascwF
Who is behind this BIP75 SHIT?
BreadWallet Guy?
Submitted June 29, 2016 at 08:07PM by GandalfBitcoin http://bit.ly/298Xd5j
swift hacked again, $10 mio gone...
uups, they did it again! swift network used to steal $10 mio from ukrainian bank. bitcoin users not affected.
edit: i see i should not have used the word "hacked" in the header. not a hack. it was abused to steal.
Submitted June 29, 2016 at 05:37PM by 600watt http://bit.ly/29ofFUa
Bitcoin Gains Credibility As Digital Gold After Brexit: Bottom Line | CNBC
Submitted June 29, 2016 at 03:17AM by AliBongo88 http://bit.ly/2978KCf
Any good alternative to Breadwallet for iOS? Uninstalled due to BIP75.
Not supporting that
edit: thank you for the responses. Moved all coins out of breadwallet and into Copay. The process took about 20 seconds.
Submitted June 29, 2016 at 08:19PM by SimpleSatoshi http://bit.ly/297uL2i
Blockchain.com has launched a beautiful new website that makes the whole Bitcoin ecosystem look even more professional
Blockchain Revolution - Don Tapscott, at USI. As I got interested in Bitcoin I once told a friend: If these guys were wearing suits, I'd be too late. Now look at that room...
@aantonop: BIP75 is actually a Bitcoin Deterioration Proposal
Submitted June 29, 2016 at 04:16PM by fpvsoldermeup http://bit.ly/292a3hx
Who is behind this BIP75 SHIT?
Time to End the Block-Size Blockade | Roger Ver
Submitted June 29, 2016 at 08:50AM by BobsBurgers3Bitcoin http://bit.ly/2938TE8
Investing in Bitcoin Has Delivered an Annual Return of 82%
Any good alternative to Breadwallet for iOS? Uninstalled due to BIP75.
Russian prime minister on blockchain: "Time to build law framework to deal with it" (English CC)
10...9... The 10 day Halvening countdown is upon us!. thehalvening.com
Submitted June 29, 2016 at 07:53AM by vevue http://bit.ly/297RlcH
swift hacked again, $10 mio gone...
@aantonop: BIP75 is actually a Bitcoin Deterioration Proposal
Peter Todd recommends boycotting BIP75 due to AML/KYC concerns
Submitted June 29, 2016 at 12:32PM by fpvsoldermeup http://bit.ly/2983qyF
Tuesday, 28 June 2016
71% of Americans believe economy is 'rigged'
Submitted June 29, 2016 at 11:26AM by kitsboy http://bit.ly/292RITC
My girlfriend asked me to buy her Bitcoin today and
Peter Todd recommends boycotting BIP75 due to AML/KYC concerns
10...9... The 10 day Halvening countdown is upon us!. thehalvening.com
71% of Americans believe economy is 'rigged'
Andreas Antonopoulos on Twitter: Clinton pledges support for public blockchain projects. A great use is putting charitable foundation accounts in a transparent ledger.
Submitted June 29, 2016 at 03:30AM by xtwars http://bit.ly/29lY7rV
Time to End the Block-Size Blockade | Roger Ver
Why Bitcoins price is not rising more after Brexit, and why markets naturally rise immediately after a huge fall, and soon fall harder
In a true economic collapse situation, especially at the beginning, you have one to three days of incredible carnage, as prices fall off a veritable cliff.
Rarely does this extend to a fourth day. Instead, what people witness is a huge rally, +300 swings up for one or two days, maybe a week. And then, the collapse resumes.
Why is this? Well, it's a combination of "deal chasers" (people who foolishly believe they are getting a good deal) who try to "catch the knife", as it's called, and the phenomenon of "short covering."
A whole lot of money has been betting that the stock markets will go South. What happens when the floor falls out in an ecomonic collapse situation is that the wise shorters pull out and take their profits. The way they must do this is by buying stock. Soon, the prices rise and the "deal chasers" pile in. Many times, the central banks buy, too, in order to gin up more "deal chasers" and hopefully break the down trend, by in effect, lying to people and creating an artificial high.
However, while the smart money has been pulling out of their short positions, a whole more not-so-smart investors usually pile into more short positions, during the collapse phase. When the markets inevitably pop up (due to short covering and dumb money), these recent shorters get margin called by their brokers and are forced to liquidate their positions (by buying the stock...) at whatever price necessary. Thus, all of the dumb money shorters end up in an arms race, basically buying from each other and everyother investor happy just to get out a little ahead.
This is why you can have such big gains immediately after the start of a Collapse event.
Also, in order to cover operating losses, margin calls, and other unforeseens after a Collapse event, many institutions, hedge funds, etc., are compelled to liquidate their safe-haven positions (principally, gold, silver and Bitcoins). Thus, these safe haven commodities usually decrease or remain flat in value during the early days of the collapse. If the situation is prolonged, commodities can lose up to 70% of their value, as the institutions are forced to sell everything just to survive. This is why silver went down to $7.50/oz in 2009.
This current downtrend is a crisis of fiat. It doesn't take a scientist to realize that if the UK leaves the EU, and a trade deal is not immediately renegotiated, or if more countries leave the EU, the Euro is dead.
In times of currency confidence failure, wealth storage commodities typically do quite well. And it is far easier to spend Bitcoin than it is to spend an ounce of silver or gold.
So don't be lulled by today's highs. Think of it as a reprieve to get some money in your literal hands. Because you do NOT know if your bank will let you get it out tomorrow, especially if you're in the UK or Europe.
Submitted June 29, 2016 at 12:20AM by hopeseekr http://bit.ly/291oNgJ
Bernard Debré, French Congress member, pushes for Bitcoin ban and shutting down of "La Maison du Bitcoin" in Paris
Submitted June 28, 2016 at 11:59PM by murzika http://bit.ly/291kK3Z
Bitcoin Gains Credibility As Digital Gold After Brexit: Bottom Line | CNBC
OpenBazaar 1.1.7 released
Submitted June 29, 2016 at 12:04AM by CC_EF_JTF http://bit.ly/291LB22