Bitcoin On Air: December 2016

Saturday 31 December 2016

Guys, we're waiting for the wrong new year

http://bit.ly/2hXw3OT

Submitted January 01, 2017 at 07:42AM by We_are_all_satoshi http://bit.ly/2hFxZPX

"It's a HUGE deal. It's a HUGE, HUGE, HUGE deal" - Billionaire investor in Bitcoin

https://www.youtube.com/watch?v=G6iIhooV8UY via /r/Bitcoin http://bit.ly/2iSngSp

"bitcoin can be used to estimate a currency’s unofficial exchange rate and capital controls at a daily interval"

http://bit.ly/2hF5Tmr

Submitted January 01, 2017 at 02:27AM by Bidofthis http://bit.ly/2iq7XgT

"bitcoin can be used to estimate a currency’s unofficial exchange rate and capital controls at a daily interval"

http://bit.ly/2hF5Tmr via /r/Bitcoin http://bit.ly/2iq7XgT

Bitcoin's year in Review 2016

http://bit.ly/2iRs22I

Submitted January 01, 2017 at 02:40AM by Coinosphere http://bit.ly/2hAfKXm

Scientists in Germany are losing access to Elsevier journals. Sci-Hub.io users not affected. Sci-Hub accepts Bitcoin donations only, please support!

http://go.nature.com/2hF7NUd via /r/Bitcoin http://bit.ly/2iSa7Zz

/r/Bitcoin FAQ - Newcomers please read

Welcome to the /r/Bitcoin Sticky FAQYou've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.The following videos are a good starting point for understanding how bitcoin works and a little about its long term potential:Video 1: What Is Bitcoin & Why Should You Care?Video 2: The real value of bitcoin and crypto currency technologyVideo 3: Bitcoin Is Independent MoneyVideo 4: Bitcoin 101 - Balaji SrinivasanFor lots of additional video resources check out the videos wiki page or /r/BitcoinTV.Key properties of bitcoinLimited Supply (there will only ever be 21,000,000 bitcoins created and they are issued in a predictable fashion, you can view the inflation schedule here)Open source (You can read the source code yourself here)Decentralized (Bitcoin is globally distributed across thousands of nodes and as such can't be shut down similar to how Bittorrent works)Permissionless (No one can prevent you from interacting with the bitcoin network of your own free will, even in areas currently unserved by traditional banking. This makes it a truly global payment platform)Censorship resistant (No one can censor or block transactions that they disagree with, see Operation Chokepoint)Push system (there are no chargebacks in bitcoin because only the person who owns the address where the bitcoins reside has the authority to move them)Designed to fit all the fundamental properties of money better than gold or fiatAdditional Bitcoin statistics can be found here. Developer resources can be found here and here. Peer-reviewed research papers can be found here. Scaling resources here, and of course the whitepaper that started it all :Where can I buy bitcoins?You can buy or sell any amount of bitcoin and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, additionally BuyBitcoinWorldwide.com is a very helpful site for beginners.CoinbaseLocalBitcoinsLibertyXMycelium LocalTraderBitfinexBitstampKrakenHere is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Cashila or Bitwage.Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev.com is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".Securing your bitcoinsWith bitcoin you can "be your own bank" and personally secure your bitcoins OR you can use third party companies aka "bitcoin banks" which will hold the bitcoins for you.If you prefer to "be your own bank" and have direct control over your coins without having to use a trusted third party, there are many software wallet options here. If you prefer easy and secure storage without having to learn computer security best practices, then a hardware wallet such as the Trezor or Ledger is recommended. A more advanced option is to secure them yourself using paper wallets generated offline.If you prefer to let bitcoin banks manage your coins, try Coinbase or Circle but be aware you may not be in control of your private keys in which case you would have to ask permission to access your funds and be exposed to third party risk.Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!2FA requires a second confirmation code to access your account, usually from a text message or app, making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.Google AuthAuthyAndroidAndroidiOSiOSWhere can I spend bitcoins?Comprehensive lists can be found at the Trade FAQ or The Bitcoin Directory, some more commons ones are below.StoreProductSteam, HumbleBundle, GreenmanGaming, and Coinplay.ioFor when you need to get your game onMicrosoftXbox games, phone apps and softwareSpendabit, The Bitcoin Shop, Overstock, Rakuten, DuoSearch and BazaarBayRetail shopping with millions of resultsShakePayGenerate one time use Visa cards in secondsGyftGift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.NewEgg, TigerDirect and DellFor all your electronic needsCashila, Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, Pey.de, LRoS, Wagepoint, Hyphen.toBill paymentFoodler and TakeawayTakeout delivered to your door!Expedia, Cheapair, Lot, Destinia, BTCTrip, Abitsky, SkyTours, Fluege the Travel category on Gyft and 9flatsFor when you need to get awayBoltVMVPS serviceCryptostorm, Mullvad, and PIAVPN servicesNamecheapFor new domain name registrationStampnik and GetUSPSDiscounted USPS Priority, Express, First-Class mail postageReddit GoldPremium membership which can be gifted to othersCoinmap and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.There are also lots of charities which accept bitcoin donations, such as Wikipedia, Red Cross, Amnesty International, United Way, ACLU and the EFF. You can find a longer list here.Merchant ResourcesThere are several benefits to accepting bitcoin as a payment option if you are a merchant;1-3% savings over credit cards or PayPal.No chargebacks (final settlement in 10 minutes as opposed to 3+ months).Accept business from a global customer base.Increased privacy.Convert 100% of the sale to the currency of your choice for deposit to your account, or choose to keep a percentage of the sale in bitcoin if you wish to begin accumulating it.If you are interested in accepting bitcoin as a payment method, there are several options available;BitpayCoinbaseCoinifySnapcardGoCoinMycelium Gear (direct to your wallet)Blockonomics (direct to your wallet)Can I mine bitcoin?Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /r/BitcoinMining would be happy to help you out.If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. You can view the global node distribution here.Earning bitcoinsJust like any other form of money, you can also earn bitcoins by being paid to do a job.FreelancingXBTfreelancerCryptogrindBitlancerrCoinalityBitgigs/r/Jobs4BitcoinsRein ProjectMarket PlacesOpenBazaarPurse.ioBitify/r/Bitmarket21 MarketVideo StreamingWatchmybitStreamium.ioOTika.tvXOtika.tv NSFWTasksBitaskerBitforTipWillPayCoinFile/Image SharingSupload.comSatoshiBoxJoyStreamAdvertisingCoinAdA-adsCoinzilla.ioYou can also earn bitcoins by participating as a market maker to allow users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins)JoinMarketBitcoin ProjectsThe following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.ProjectDescriptionLightning Network, Amiko Pay, and StrawpayPayment channels for network scalingBlockstream and DrivechainSidechains21, Inc.Open source library for the machine payable webShapeShift.ioTrade between bitcoins and altcoins easilyOpen Transactions, Counterparty, Omni, Open Assets, Symbiont and ChainFinancial asset platformsHivemind and AugurPrediction marketsMirrorSmart contractsMediachainDecentralized media libraryTierion and FactomRecords & Titles on the blockchainBitMarkets, DropZone, Beaver and Open BazaarDecentralized marketsSamourai and Dark Wallet - abandonedPrivacy-enhancing walletsJoinMarketCoinJoin implementation (Increase privacy and/or Earn interest on bitcoin holdings)Coinffeine and BitsquareDecentralized bitcoin exchangesKeybase and BitratedIdentity & Reputation managementBitmesh and TelehashMesh networkingJoyStreamBitTorrent client with paid seedingMORPHiSDecentralized, encrypted internetStorj and SiaDecentralized file storageStreamium and FaradamPay in real time for on-demand servicesAbraGlobal P2P money transmitter networkbitSIMPIN secure hardware token between SIM & PhoneIdentifiDecentralized address book w/ ratings systemCoinometricsInstitutional-level Bitcoin Data & ResearchBlocktrail and BitGoMultisig bitcoin APIBitcoreOpen source Bitcoin javascript libraryInsightOpen source blockchain APILeetKill your friends and take their money ;)Bitcoin UnitsOne Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:UnitSymbolValueInfomillibitcoinmBTC1,000 per bitcoinSI unit for milli i.e. millilitre (mL) or millimetre (mm)microbitcoinμBTC1,000,000 per bitcoinSI unit for micro i.e microlitre (μL) or micrometre (μm)bitbit1,000,000 per bitcoinColloquial "slang" term for microbitcoinsatoshisat100,000,000 per bitcoinSmallest unit in bitcoin, named after the inventorFor example, assuming an arbitrary exchange rate of $500 for one Bitcoin, a $10 meal would equal:0.02 BTC20 mBTC20,000 bitsFor more information check out the Bitcoin units wiki.Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /r/Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit. A complete list of bitcoin related subreddits can be found hereNote: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.Welcome to the Bitcoin community and the new decentralized economy! via /r/Bitcoin http://bit.ly/2cCRH9B

The House of Nakamoto

http://bit.ly/2hXv4OI via /r/Bitcoin http://bit.ly/2hFGri5

Guys, we're waiting for the wrong new year

http://bit.ly/2hXw3OT via /r/Bitcoin http://bit.ly/2hFxZPX

About Our Email Breach at KeepKey

http://bit.ly/2iptFS8

Submitted January 01, 2017 at 02:25AM by dstanchfield http://bit.ly/2itucVy

Holy sh*t! Milton Friedman actually predicted Bitcoin

https://www.youtube.com/watch?v=6MnQJFEVY7s

Submitted January 01, 2017 at 04:00AM by mr_robot-sh http://bit.ly/2itDPDI

Understanding TumbleBit Part 3: Not even the Tumbler can breach your privacy. How?

http://bit.ly/2hF2x4x

Submitted January 01, 2017 at 01:53AM by nopara73 http://bit.ly/2hWLUxk

Holy sh*t! Milton Friedman actually predicted Bitcoin

https://www.youtube.com/watch?v=6MnQJFEVY7s via /r/Bitcoin http://bit.ly/2itDPDI

About Our Email Breach at KeepKey

http://bit.ly/2iptFS8 via /r/Bitcoin http://bit.ly/2itucVy

[Shower thoughts] If every Japanese citizen will store 5% of their retirement savings in bitcoin, price will hit 50k USD/BTC

Inspired by bitflyer commercials https://www.youtube.com/watch?v=9rR5xPjAbgA

Submitted December 31, 2016 at 10:16PM by nikak406 http://bit.ly/2hEKwmV

In 2016, Tim Draper Made $13 million in profit off the Silk Road coins

http://bit.ly/2hWTDLx

Submitted January 01, 2017 at 01:34AM by Bitcohen http://bit.ly/2hFdqDe

PSA: Free Ross Accounts Hacked - Do Not Donate (at this time)

http://bit.ly/2inMS6v

Submitted December 31, 2016 at 04:07PM by bitjson http://bit.ly/2irQDdR

How Bitcoin Beats Stocks, Bonds, And Gold

http://bit.ly/2itrLT6

Submitted December 31, 2016 at 07:19AM by alistairmilne http://bit.ly/2ipjSM1

Bitcoin's year in Review 2016

http://bit.ly/2iRs22I via /r/Bitcoin http://bit.ly/2hAfKXm

In 2016, Tim Draper Made $13 million in profit off the Silk Road coins

http://bit.ly/2hWTDLx via /r/Bitcoin http://bit.ly/2hFdqDe

Bitcoiners: What we really do

http://bit.ly/2iR1DSy

Submitted December 31, 2016 at 03:57AM by SamWouters http://bit.ly/2hA9pez

Two Dogs Original Roppongi Pale Ale paid for in Bitcoin at Two Dogs Taproom in Tokyo, Japan!

http://bit.ly/2iPxA9T

Submitted December 31, 2016 at 07:43PM by BodyweightD00D http://bit.ly/2iiRoFp

Understanding TumbleBit Part 3: Not even the Tumbler can breach your privacy. How?

http://bit.ly/2hF2x4x via /r/Bitcoin http://bit.ly/2hWLUxk

The two toughest incidents for the bitcoin community in 2016: Bitfinex & Cryptsy

https://twitter.com/BestBitcoinEx/status/815223521034940417 via /r/Bitcoin http://bit.ly/2hWCLF2

[Help] I want to get into Bit Coin Mining

So I get free electricity on Saturdays so I figured if I mine only on Saturdays I could easily start to make a profit. The problem is I don't really know how to get CGMiner to work. I already have an account in slush's pool with some workers and have a Bit Coin wallet setup. I'm having problems setting up a batch file for CGMiner with my current setup: GPU: http://bit.ly/2hWGUZt It's a 2 in 1 GPU so how would I setup CGMiner to work with both? Also how can I set a thermal limit so my hardware doesn't get destroyed.. Any advice/recommendations are appreciated Thanks :)

Submitted January 01, 2017 at 01:37AM by agarc561 http://bit.ly/2hESdcu

Bitcoin currency support coming to Microsoft Excel in 2017

https://twitter.com/alistairmilne/status/815143029589835776

Submitted December 31, 2016 at 06:34PM by elux http://bit.ly/2hzncSt

Bitcoin is 1337

http://bit.ly/2ishW7O

Submitted December 31, 2016 at 05:12PM by LeeWallis http://bit.ly/2io8Ari

Still Time to Make Bitcoin Donations and Deduct Full Market Value

http://bit.ly/2hEKwTX via /r/Bitcoin http://bit.ly/2hWtNHx

[Shower thoughts] If every Japanese citizen will store 5% of their retirement savings in bitcoin, price will hit 50k USD/BTC

Inspired by bitflyer commercials https://www.youtube.com/watch?v=9rR5xPjAbgA via /r/Bitcoin http://bit.ly/2hEKwmV

Two Dogs Original Roppongi Pale Ale paid for in Bitcoin at Two Dogs Taproom in Tokyo, Japan!

http://bit.ly/2iPxA9T via /r/Bitcoin http://bit.ly/2iiRoFp

Coinbase is asking for feedback on Twitter to improve. Tell them we want bitcoin development grants to support to ecosystem!

https://twitter.com/steven_mckie/status/814894032379748352

Submitted December 31, 2016 at 03:48AM by Blockchannel http://bit.ly/2igzpzB

Bitcoin support coming to Microsoft Office 365

http://bit.ly/2izVLcV

Submitted December 31, 2016 at 04:52PM by BrainDamageLDN http://bit.ly/2hCtXWM

Bitcoin currency support coming to Microsoft Excel in 2017

https://twitter.com/alistairmilne/status/815143029589835776 via /r/Bitcoin http://bit.ly/2hzncSt

Bitcoin is 1337

http://bit.ly/2ishW7O via /r/Bitcoin http://bit.ly/2io8Ari

Bitcoin support coming to Microsoft Office 365

http://bit.ly/2izVLcV via /r/Bitcoin http://bit.ly/2hCtXWM

PSA: Free Ross Accounts Hacked - Do Not Donate (at this time)

http://bit.ly/2inMS6v via /r/Bitcoin http://bit.ly/2irQDdR

Swedish bank takes 12k from 91 year old woman because, they can't trace where she got the cash from. Sad story.

http://bit.ly/2iO9ADQ

Submitted December 31, 2016 at 09:20AM by Jasun721 http://bit.ly/2ihAeYS

Friday 30 December 2016

looking to buy 30-50 s9 antminers with PSUs

title says it all :)

Submitted December 31, 2016 at 01:52PM by FevaValas http://bit.ly/2hVJnDi

Year end PSA: In USA you can donate Bitcoin to charity and deduct the full CURRENT value even if your cost basis is $.10. No cap gains.

https://twitter.com/brucefenton/status/814902892301787136

Submitted December 31, 2016 at 02:39AM by bruce_fenton http://bit.ly/2hUxaPa

Colombia declares Bitcoin illegal

http://bit.ly/2hDn4Gu

Submitted December 31, 2016 at 06:57AM by mr_moore http://bit.ly/2hV4Z2M

Swedish bank takes 12k from 91 year old woman because, they can't trace where she got the cash from. Sad story.

http://bit.ly/2iO9ADQ via /r/Bitcoin http://bit.ly/2ihAeYS

Raspberry Pi Setup

Does anyone here have a small scale mining setup using a Raspberry Pi on Windows or MinePeon? I'd love to see images of it. Im looking into this as a hobby. Thanks

Submitted December 31, 2016 at 10:18AM by ThyPandaWarrior http://bit.ly/2hyeJ1X

18-24 hour mining, is it safe to put my computer through that?

Hi all, haven't mined in a while but I've got a powerful enough desktop now. I'm wondering if mining 18-24 hours a day with my GTX 1070 & i7 6700k will put significant wear on the components. Is there some kind of half-life when it comes to running 100%

Submitted December 31, 2016 at 08:15AM by AhnDwaTwa http://bit.ly/2hDv5LB

I contacted my community college and asked if they would offer a course on Bitcoin. They asked if I would teach it. My local community college is offering a short class on Bitcoin and I'd like to share some of the information on Bitcoin I gathered to teach it.

So I have a lot of info I gathered so that the class can focus on fun things and the students can get a glimpse at some of the things they didn't know they don't know about.

I'd like to share that information with you!

1.0 Introduction Lecture Info

2.0 Bitcoin the system vs bitcoin the token

3.1 a history of money

3.1b the history of relevant technology before btc.

3.2a history genesis block through 2014

3.2b 2015-now

4.1A Satoshi Nakamoto ~~& people~~

4.1b Companies

4.1c Use, wallet, misc

4.2a Media coverage

4.2b Regulation

5.1 R&D

5.2 Beyond Bitcoin

More sources there are some 'security' things in the sources list that just are not in the scope of the class but people might find interesting (I did).

& a post on Problems with common methods of cold storage

At my community college in Portland Oregon, PCC.EDU, I have taught this course twice before and we are offering it Winter term (next 2 months), if you know anyone in Portland who wants to learn about this in a group setting.
The course will be focusing more on how to use btc rather than all the info mentioned above though. Link

Submitted December 31, 2016 at 04:19AM by ProfBitcoin http://bit.ly/2iyvEDk

Satoshi's lesson

Bitcoin 0.1 was amazingly complete. It had few bugs, and even fewer really bad bugs. Additionally, it had great forward-compatibility, with explicit support for future softforks in the form of the OP_NOPn opcodes. Before anyone knew how a decentralized cryptocurrency would even work, Satoshi was figuring out how to add to Bitcoin things like smart contracts and payment channels. This is incredible, and a lot of people look at Satoshi's amazing accomplishments with Bitcoin and say stuff like, "Satoshi must be a crypto super-genius, the next Einstein." This, I think, is very much missing the point.

When Satoshi was working on Bitcoin in 2007-2009, almost all of the core ideas of Bitcoin were well-known in the cryptography community. In 1996, a summary of previous academic work on electronic cash was published, talking at length about most of the low-level cryptographic primitives used in Bitcoin and using familiar terms like "double spending". Hashcash proof-of-work was well-known, and I remember reading about it prior to Bitcoin as an idea to prevent email spam. git uses the same unbreakable chain of hashes as Bitcoin's block chain, and was first released in 2005. Satoshi made one major leap: combining all these pieces to prevent double spending through a PoW block chain. This was impressive, but the same flash of brilliance could've happened to anyone who was following this stuff.

Satoshi is not awesome because he was watching the crypto world and had a brilliant idea. He's awesome because upon having this idea, he carried it out. You know what I would've done if this idea had come to me? I probably would've mentioned it to a few people, maybe written some very basic code if I was feeling especially ambitious. You know what Satoshi did? He spent 2+ years contemplating every possible aspect of the system he could think of, and wrote code that worked brilliantly in the real world. Satoshi's code was good, but anyone who had read a good book like C++ Primer could've written similarly-good code. Anyone who had taken an intro crypto course or read a few books on the subject would understand Satoshi's usage of crypto primitives. The task of creating Bitcoin required a small flash of brilliance, moderate skill, and an unbelievably huge amount of dedication to thinking about, coding, and testing the system until it worked exactly as envisioned.

Satoshi's lesson is that you don't need to be the next Einstein in order to change the world. You just need to be put in the effort. Satoshi, probably just an ordinary hobbyist like anyone here, saw that something was lacking in the Universe, and he fought tooth-and-nail for 2+ years until this imperfection was corrected. We should strive to do the same (and not just in Bitcoin).

Submitted December 31, 2016 at 06:12AM by theymos http://bit.ly/2hUYhtH

Colombia declares Bitcoin illegal

http://bit.ly/2hDn4Gu via /r/Bitcoin http://bit.ly/2hV4Z2M

WSJ - Bitcoin has trounced the Dow this year, 124% to 14%

https://twitter.com/WSJ/status/814909039326986244

Submitted December 31, 2016 at 03:13AM by jhamel2 http://bit.ly/2hCRR6c

Satoshi's lesson

Bitcoin 0.1 was amazingly complete. It had few bugs, and even fewer really bad bugs. Additionally, it had great forward-compatibility, with explicit support for future softforks in the form of the OP_NOPn opcodes. Before anyone knew how a decentralized cryptocurrency would even work, Satoshi was figuring out how to add to Bitcoin things like smart contracts and payment channels. This is incredible, and a lot of people look at Satoshi's amazing accomplishments with Bitcoin and say stuff like, "Satoshi must be a crypto super-genius, the next Einstein." This, I think, is very much missing the point.When Satoshi was working on Bitcoin in 2007-2009, almost all of the core ideas of Bitcoin were well-known in the cryptography community. In 1996, a summary of previous academic work on electronic cash was published, talking at length about most of the low-level cryptographic primitives used in Bitcoin and using familiar terms like "double spending". Hashcash proof-of-work was well-known, and I remember reading about it prior to Bitcoin as an idea to prevent email spam. git uses the same unbreakable chain of hashes as Bitcoin's block chain, and was first released in 2005. Satoshi made one major leap: combining all these pieces to prevent double spending through a PoW block chain. This was impressive, but the same flash of brilliance could've happened to anyone who was following this stuff.Satoshi is not awesome because he was watching the crypto world and had a brilliant idea. He's awesome because upon having this idea, he carried it out. You know what I would've done if this idea had come to me? I probably would've mentioned it to a few people, maybe written some very basic code if I was feeling especially ambitious. You know what Satoshi did? He spent 2+ years contemplating every possible aspect of the system he could think of, and wrote code that worked brilliantly in the real world. Satoshi's code was good, but anyone who had read a good book like C++ Primer could've written similarly-good code. Anyone who had taken an intro crypto course or read a few books on the subject would understand Satoshi's usage of crypto primitives. The task of creating Bitcoin required a small flash of brilliance, moderate skill, and an unbelievably huge amount of dedication to thinking about, coding, and testing the system until it worked exactly as envisioned.Satoshi's lesson is that you don't need to be the next Einstein in order to change the world. You just need to be put in the effort. Satoshi, probably just an ordinary hobbyist like anyone here, saw that something was lacking in the Universe, and he fought tooth-and-nail for 2+ years until this imperfection was corrected. We should strive to do the same (and not just in Bitcoin). via /r/Bitcoin http://bit.ly/2hUYhtH

I contacted my community college and asked if they would offer a course on Bitcoin. They asked if I would teach it. My local community college is offering a short class on Bitcoin and I'd like to share some of the information on Bitcoin I gathered to teach it.

To teach the class I wrote down everything at all I'd ever though I'd heard about with Bitcoin and then looked each item up.If you've ever been down a wiki-hole you know how information hunting can end up.So I have a lot of info I gathered so that the class can focus on fun things and the students can get a glimpse at some of the things they didn't know they don't know about.I'd like to share that information with you!1.0 Introduction Lecture Info2.0 Bitcoin the system vs bitcoin the token3.1 a history of money3.1b the history of relevant technology before btc.3.2a history genesis block through 20143.2b 2015-now4.1A Satoshi Nakamoto & people4.1b Companies4.1c Use, wallet, misc4.2a Media coverage4.2b Regulation5.1 R&D5.2 Beyond BitcoinMore sources there are some 'security' things in the sources list that just are not in the scope of the class but people might find interesting (I did).& a post on Problems with common methods of cold storageAt my community college in Portland Oregon, PCC.EDU, I have taught this course twice before and we are offering it Winter term (next 2 months), if you know anyone in Portland who wants to learn about this in a group setting.The course will be focusing more on how to use btc rather than all the info mentioned above though. Link via /r/Bitcoin http://bit.ly/2iyvEDk

Coinbase Customer Doubles Down on Legal Action Against IRS

http://bit.ly/2igzinL via /r/Bitcoin http://bit.ly/2iNtcYJ

Coinbase is asking for feedback on Twitter to improve. Tell them we want bitcoin development grants to support to ecosystem!

https://twitter.com/steven_mckie/status/814894032379748352 via /r/Bitcoin http://bit.ly/2igzpzB

Onecoin suspended by italian authority because is a pyramid scheme

http://bit.ly/2iMVOBw

Submitted December 31, 2016 at 01:31AM by gabridome http://bit.ly/2igaHz4

Bitcoin (+120% vs. $) beat every other currency AND 498/500 of S&P 500 stocks in 2016.

https://twitter.com/BambouClub/status/814865070668779520

Submitted December 31, 2016 at 12:06AM by Byzantine-General http://bit.ly/2ipPDGR

WSJ - Bitcoin has trounced the Dow this year, 124% to 14%

https://twitter.com/WSJ/status/814909039326986244 via /r/Bitcoin http://bit.ly/2hCRR6c

Year end PSA: In USA you can donate Bitcoin to charity and deduct the full CURRENT value even if your cost basis is $.10. No cap gains.

https://twitter.com/brucefenton/status/814902892301787136 via /r/Bitcoin http://bit.ly/2hUxaPa

Jack Dorsey "Would love to see digital currency rise"

https://twitter.com/jack/status/814587478640312320

Submitted December 30, 2016 at 10:46AM by miki77miki http://bit.ly/2hxlcds

Bitcoin Days Destroyed - Highest level since early 2014

http://bit.ly/2iM8CfD

Submitted December 30, 2016 at 01:07PM by cointastical http://bit.ly/2hvLKf2

2017 Reddit Bitcoin Price Prediction Contest

Comment below with your Bitcoin Price prediction in USDT at Poloniex on 12-31-2017 at 11:59:59PM EST. No predictions submitted after 1-1-17 1:11:11PM EST will be eligible for the prize.

Closest gets 0.1 Bitcoin. (If anyone has a good idea on how to escrow this, message me.)

I'll try to defend what I expect to be $274.40 with a prediction of 2744.08 USDT

Submitted December 30, 2016 at 08:39PM by TheYuke http://bit.ly/2iMbRzx

Boilr 0.7.0 is out with 42 new exchanges, alarm auto snoozing and snooze on retrace.

http://bit.ly/2iq3cX8 via /r/Bitcoin http://bit.ly/2ilYLdt

Bitcoin Timeline: First Seven Years

http://bit.ly/2iwO5sa

Submitted December 30, 2016 at 12:58PM by cointastical http://bit.ly/2hyJjvP

I finally hopped on the Bitcoin train.

I've been skeptical of the idea of bitcoins but after doing tons of research on it, i've finally bought a bitcoin and I plan on putting more money to hold in a wallet. (using a Ledger Nano). Looking forward to seeing more advancements in this community :)

Submitted December 30, 2016 at 08:32AM by pkerman437 http://bit.ly/2ijBA3t

Onecoin suspended by italian authority because is a pyramid scheme

http://bit.ly/2iMVOBw via /r/Bitcoin http://bit.ly/2igaHz4

Buy Sell Bitcoins in India.Zebpay is the fastest and easiest way to Buy and Sell Bitcoins. We guarantee fast transaction processing and the best bitcoin rates.

http://bit.ly/2ipXgx4 via /r/Bitcoin http://bit.ly/2ilHPU6

Bitcoin (+120% vs. $) beat every other currency AND 498/500 of S&P 500 stocks in 2016.

https://twitter.com/BambouClub/status/814865070668779520 via /r/Bitcoin http://bit.ly/2ipPDGR

Are there any not-energy efficient but very powerful miners? Also are there general manuals for mining or they depend of the miner?

First I was looking for manuals before buying an S9 miner with pals to begin with mining the next year, I already know the basics (difficulty, energy, etc.), but I don't know other (the strictly technical things like the power configuration and so on), so I was wondering if I needed some PDF manual or something or the user's manual with de S9 antminer is enough.

Also I was wondering if there are other miners that are better for me instead of the S9. Because as far as I know, the Antminer miners care for being ''energy-efficient'', but all I want is power and durability because I don't care about the energy waste because it doesn't run by my pocket (not thieving lol, it's just that in my country the energy is practically free), so any suggestions of better miners for my conditions? Thanks!

Submitted December 31, 2016 at 12:42AM by WPhosphorus http://bit.ly/2ixOEBN

Next Antminer S9 Batch?

Any guesses on the first release date of S9s in 2017? Looks like they're done for 2016.

Submitted December 31, 2016 at 12:42AM by Bermuda_Shorts http://bit.ly/2hA9xy0

Is someone dumping bitcoins mined in 2010?

https://twitter.com/nikzh/status/814663747448946688

Submitted December 30, 2016 at 11:42AM by Har01d http://bit.ly/2hyhyDv

'Sorry, Bitcoin Only': Venezuelan Travel Agency Responds to Hyperinflation

http://bit.ly/2iMXS0s

Submitted December 30, 2016 at 09:08PM by k3ik http://bit.ly/2hwztqL

Panel Discussion – Bitcoin in 2025 – A Glimpse Into The Future

https://www.youtube.com/watch?v=tntdX7qU0tA via /r/Bitcoin http://bit.ly/2ilxgR8

Bitpanda.com New Year's Promotion: Sell Bitcoin to receive a SEPA transfer at zero fees and get 0.5% cashback on top!

Hello /r/Bitcoin,for the next 4 days (until midnight CET 02.01.2016) we will waive all fees we charge for SEPA sells and ontop you will get 0.5% cashback for every sell you make within this promotion. There is no cap on the cashback. Thank you all very much for this amazing year 2016 and we wish you an awesome new year's eve party!!!!http://bit.ly/2ilnzCn wishes,Team BitPanda via /r/Bitcoin http://bit.ly/2ikScHS

Bitcoin price surges to nearly $1K as year ends

http://nyp.st/2ilnJt9 via /r/Bitcoin http://bit.ly/2ipwLb2

ECB warning: Italy Bank Run Happening Right Now

https://www.youtube.com/watch?v=TPzraeGcxms&feature=em-uploademail via /r/Bitcoin http://bit.ly/2iN3VSz

bitFlyer Japan releases new Bitcoin commercials

https://www.youtube.com/watch?v=5Ux95b2QsuQ&list=PL2zx-n6ZxYAIuMpygppJO1zHqjnPRSbjh

Submitted December 30, 2016 at 01:16PM by matsumoto_iyo http://bit.ly/2iLnwP3

'Sorry, Bitcoin Only': Venezuelan Travel Agency Responds to Hyperinflation

http://bit.ly/2iMXS0s via /r/Bitcoin http://bit.ly/2hwztqL

2017 Reddit Bitcoin Price Prediction Contest

Comment below with your Bitcoin Price prediction in USDT at Poloniex on 12-31-2017 at 11:59:59PM EST. No predictions submitted after 1-1-17 1:11:11PM EST will be eligible for the prize.Closest gets 0.1 Bitcoin. (If anyone has a good idea on how to escrow this, message me.)I'll try to defend what I expect to be $274.40 with a prediction of 2744.08 USDT via /r/Bitcoin http://bit.ly/2iMbRzx

New high for segwit blocks (last 144 blocks) almost 35%!

http://bit.ly/1WmHQaZ

Variance could be a factor, but still awesome news!

Submitted December 30, 2016 at 06:51AM by granatheus http://bit.ly/2inGJcZ

Bitcoin Timeline: First Seven Years

http://bit.ly/2iwO5sa via /r/Bitcoin http://bit.ly/2hyJjvP

Bitcoin Days Destroyed - Highest level since early 2014

http://bit.ly/2iM8CfD via /r/Bitcoin http://bit.ly/2hvLKf2

bitFlyer Japan releases new Bitcoin commercials

https://www.youtube.com/watch?v=5Ux95b2QsuQ&list=PL2zx-n6ZxYAIuMpygppJO1zHqjnPRSbjh via /r/Bitcoin http://bit.ly/2iLnwP3

Is someone dumping bitcoins mined in 2010?

https://twitter.com/nikzh/status/814663747448946688 via /r/Bitcoin http://bit.ly/2hyhyDv

Thursday 29 December 2016

May I present the winner of the year...Bill

http://bit.ly/2iKc7PA

Submitted December 30, 2016 at 02:46AM by wiingz http://bit.ly/2idmy0V

Getting into Mining

So I don't pay for electricity currently and have some money to invest in mining. So where should I start is my main question? What kind of miners are great to start with? Ive seen some great Antminers online for good prices around 4.7 Th/s was wondering can I start with one and work from there? Anything more efficient? Also I might have the potential so make miners for cheaper then buying one? Any guides on making them?

Submitted December 30, 2016 at 11:45AM by KingMerciless http://bit.ly/2ijFEAu

I finally hopped on the Bitcoin train.

This is Just Around the Corner...

http://bit.ly/2iddskV

Submitted December 30, 2016 at 05:07AM by BosDoge http://bit.ly/2iK8c5t

New high for segwit blocks (last 144 blocks) almost 35%!

http://bit.ly/2iKyQLx could be a factor, but still awesome news! via /r/Bitcoin http://bit.ly/2inGJcZ

The idiots at the Washington post were wrong big time!

http://bit.ly/2iiT6EY

Submitted December 30, 2016 at 02:53AM by Ahart999 http://bit.ly/2imX3Lj

Get paid to do stuff you already do online: "Image hosting is one of the latest applications that bitcoin has improved upon, thanks to one-month-old Supload. The service shares advertiser revenues with its users in bitcoin."

http://bit.ly/2hwT5yq

Submitted December 30, 2016 at 01:06AM by nbie http://bit.ly/2iidhmn

Jack Dorsey (Square CEO) asking Twitter what to implement in 2017. You know what to do!

https://twitter.com/jack/status/814538548158328832

Submitted December 30, 2016 at 02:35AM by jhamel2 http://bit.ly/2iJCzJ4

May I present the winner of the year...Bill

http://bit.ly/2iKc7PA via /r/Bitcoin http://bit.ly/2idmy0V

This is Just Around the Corner...

http://bit.ly/2iddskV via /r/Bitcoin http://bit.ly/2iK8c5t

Anyone in San Jose, CA? I have 3 Antminer S3s sitting on a shelf gathering dust if you want them.

Apologies to the mods if this is not the correct area for this post. This isn't a sale offer. It's an offer for free stuff!

I have 3 Antminer S3s sitting on a shelf gathering dust. I know that one works for sure. The other 2 can likely be brought around to working condition for someone that wants to put the effort into them. I'm also throwing in a single 600W power supply that I have with them as well as a USB UART adaptor in case you really need to dig into the internals to get them working.

I stopped using them long ago when the wife realized what they were doing to our electric bill. :)

Submitted December 30, 2016 at 05:19AM by MontyTheMooch http://bit.ly/2id6hcj

The idiots at the Washington post were wrong big time!

http://bit.ly/2iiT6EY via /r/Bitcoin http://bit.ly/2imX3Lj

Fiat V Bitcoin

http://bit.ly/2ilOY9K

Submitted December 29, 2016 at 11:50PM by Calm_down_stupid http://bit.ly/2ihZsEx

Trump's budget chief loves gold and bitcoin

http://read.bi/2iJsz6K

Submitted December 29, 2016 at 11:15PM by xcsler http://bit.ly/2ht9mRF

Help connecting two miners to a single router

I have had a single antminer s3 running for over a year and have reciently bought another. Where I run into problems is when I try and connect it to any of my workers. When I long on to my router it shows up but when I try and configure it, the ip address doesnt lead anywhere. Is there anything that Im doing wrong or could it be a faulty miner

Submitted December 30, 2016 at 04:06AM by be11er http://bit.ly/2imC5fq