Sunday, 30 April 2017
$1425 ATH COINBASE
1415
Bitcoin So High Right Now
Bitcoin holders right now looking at Bitcoin hitting new highs
Submitted May 01, 2017 at 05:52AM by CrackingYs http://bit.ly/2pl07Kw
guy thinks "What was the point in being in IT, if we missed the bitcoin boom?"
Congrats !
Antminer S7 Power supply question.
I was just curious if this power supply will work well with an antminer S7. http://bit.ly/2oWiu59 I dont know much about mining yet so descriptive responses are much appreciated.
Thanks
Submitted May 01, 2017 at 09:51AM by MrMcSnaggles http://bit.ly/2plsesX
The Onecoin scam is taking far too long to die
What the fuck is going on? $1400?
MimbleWimble: Why Silly Sounding Tech Could Seriously Reform Bitcoin
Submitted May 01, 2017 at 01:04AM by Liongrass http://bit.ly/2qlYfQa
Bitstamp sets new ATH
Submitted May 01, 2017 at 05:12AM by Pizpie http://bit.ly/2pkO4wE
Daily reminder to keep your wallets safe, a guy is about to get robbed of 70+ BTC
Submitted May 01, 2017 at 03:29AM by AnythingForSuccess http://bit.ly/2pl8NAz
How much at all videocards i can plug in my MSI H97 PC Mate motheboard?
Submitted May 01, 2017 at 07:53AM by eugeneryb http://bit.ly/2pMqPwT
Bitcoin holders right now looking at Bitcoin hitting new highs
/r/Bitcoin FAQ - Newcomers please read
Bitstamp sets new ATH
Daily reminder to keep your wallets safe, a guy is about to get robbed of 70+ BTC
Why is the fees so high ?
Rick Falkvinge: "The network only needs a couple dozen or so nodes to function, and function well. There's more than enough." #BUlogic
Submitted April 30, 2017 at 08:48PM by eragmus http://bit.ly/2oMjMEu
A global cryptocurrency requires trust minimization. But for charlatans Bitcoin is now about trusting a rich and powerful ASIC manufacturer.
Submitted May 01, 2017 at 12:11AM by Lite_Coin_Guy http://bit.ly/2oVdMEM
Roger Ver removed the Bitcoin Core wallet from bitcoin.com website, not even letting users make their own choice.
MimbleWimble: Why Silly Sounding Tech Could Seriously Reform Bitcoin
A global cryptocurrency requires trust minimization. But for charlatans Bitcoin is now about trusting a rich and powerful ASIC manufacturer.
The Stories We Tell About Money
Submitted April 30, 2017 at 09:22PM by AliBongo88 http://bit.ly/2oV0DeU
Bitcoin Hits New All-Time High!
Submitted April 30, 2017 at 02:30PM by larryclarking http://bit.ly/2ptWAbb
Onecoin Sends Lawsuits Threats to Media and Whistleblowers
Submitted April 30, 2017 at 05:45PM by themerkle http://bit.ly/2pjuZLa
"As BugUnlimited's credibility continues to drop so to does their hash power. #Segwit now w/in only a few % of passing them up. Beautiful!" - Vortex
Just bought my first bitcoin balance. I feel great!
Heya, this is kind of an introductory post, because I guess I never really said hello.
I'm a college student and decided to one thing that may change my and everyone else's life (partially) and that is investing into bitcoin.
I had dabbled around before, but all that was was using ad clicking sites back when I didn't earn a lot of money, now that I do make a little more money I can afford to set aside some of what I earn and get some bits every month now.
I used Bitpanda, they seem like a trusted site and everything was super fast from sending my money via SOFORT bank transfer to receiving it on my breadwallet wallet.
The fees seem reasonable to me, but maybe there's a better place out there. I have looked around for good exchanges for some days now and eventually I felt like reading too much and never pulling the trigger will cost me more than just sticking to a decision and going in.
I've been a bitcoin lurker ever since the 100 USD days I think it was and... well it stings, but it's better to get in now than cry again when I compare today's 1300 to well... Whatever we might get to, but I don't see it going down given what bitcoin's potential is and how near impossible it seems to be to stop its success.
I'm not being naiive, in the end the value of a currency is always limited and ruled by its users' trust, but I'm willing to invest a sum that to others might be their monthly lotto budget. I think my odds are better! :P
Anyways, just wanted to share my moment of "finally got it done". Hope ya'll have a splendid day, fam!
Cheers!
Submitted April 30, 2017 at 08:08PM by GlassedSilver http://bit.ly/2pLgt0h
Rick Falkvinge: "The network only needs a couple dozen or so nodes to function, and function well. There's more than enough." #BUlogic
The Stories We Tell About Money
Warren Buffett and Charlie Munger vs. Bitcoin - a historic chart
Submitted April 30, 2017 at 05:16PM by edlund10 http://bit.ly/2puchPq
IGOT IGOT.com have changed their name to BITLIO http://bit.ly/2pji0Jw #bitcoin #btc #scams
Hi All,
A warning to all BTC users do not trust http://bit.ly/2pji0Jw they are Igot.com.
Igot are a well documented scam, they still owe holders many millions of Fiat dollars and BTC.
Until they repay funds owed to depositors, I would be very wary.
I am owed a stack of cash and BTC so are these people http://bit.ly/2qlg6qq
Submitted April 30, 2017 at 07:07PM by RedheadAU http://bit.ly/2pjuFMN
Cryptocurrency is the new frontier. Hold a claim in the right location, and you have a chance at building a multi-generational estate.
Submitted April 30, 2017 at 04:29PM by Lite_Coin_Guy http://bit.ly/2qhEkEE
Whats up with UASF ?
Antigua and Barbuda Drafts Laws to 'Implement' Bitcoin
Submitted April 30, 2017 at 07:09AM by kvhlms http://bit.ly/2qr3SM6
Onecoin Sends Lawsuits Threats to Media and Whistleblowers
IGOT IGOT.com have changed their name to BITLIO http://bit.ly/2pji0Jw #bitcoin #btc #scams
Just bought my first bitcoin balance. I feel great!
Cryptocurrency is the new frontier. Hold a claim in the right location, and you have a chance at building a multi-generational estate.
Warren Buffett and Charlie Munger vs. Bitcoin - a historic chart
Entire list of people opposed to Segwit:
Bitcoin Hardware Comparison
Bitcoin Hits New All-Time High!
Raspberry Pi Wifi
Has anyone use made the raspberry wifi go wifi with mining successfully so that you can move your miner from place to place conveniently? And has this result in any issues like frequent disconnects or slower mining time?
Submitted April 30, 2017 at 03:50PM by JadeDoo http://bit.ly/2piHmYc
Famous Bitcoiners who left crypto
I was thinking of a compilation of people who left crypto for various reasons.
- Satoshi Nakamoto: Disappeared after Gavin went to the CIA. Might be still amongst us.
- Mike Hearn: Whiny ragequitted after didn't get his way to fork Bitcoin. Went to work for too big to fail banks.
- Laszlo Hanyecz: ???
- The guy who sent the pizzas to Hanyecz: ???
- Amir Taaki: Left to fight ISIS, currently in house arrest.
- Cody Wilson: ??? Was he ever involved more than a public face for DarkWallet?
- Ross Ulbricht: Went to prison for being DPR.
- Dread Pirate Roberts (DPR): May not Ross Ulbricht was the only one, so some might be still amongst us.
- Variety Jones: Went to prison for being the right hand of DPR.
- Guy who ate his hat: Passed away.
- Hal Finney: Passed away.
- Thomas Jiřikovský: Went to prison for being the owner of the exit scammed Sheep Marketplace.
- Verto: Exit scammed with the Evolution Marketplace, he was the owner. Might be still amongst us.
- Kimble: Exit scammed with the Evolution Marketplace, he was the right hand of Verto. Might be still amongst us.
- Jeremy Allaire: Went blockchaintard. (Got nowhere with that) Circle also dropped Bitcoin?
- Peter Thiel: Some Trump thing.
- Josh Garza (GAW/Paycoin) - Currently plead guilty for fraud.
- Mark Karpeles: Went to prison for MtGox. Came out, still tweeting sometimes.
- Big Vern: Exit scammed Cryptsy. Did he flew?
- Ryan Kennedy (Mintpal): Prison for rape.
- Trendon Shavers (Pirate@40): Went to prison.
- James DeAngelo: He figured out mining centralization is going to be a huge problem, but at the time nobody wanted to listen to him, so he left.
- Jared Kenna (TradeHill): Now runs 20 Mission, a startup incubator and now also a brewery.
- Chaang Noi (Goat): ???
Who else?
Submitted April 30, 2017 at 12:38AM by nopara73 http://bit.ly/2oXt5NL
Brazil: wife of bitcoin entrepreneur kidnapped. Ransom requested in bitcoins.
Submitted April 30, 2017 at 09:16AM by duduqa http://bit.ly/2phZrp4
Saturday, 29 April 2017
Misinformation/lack of detail about bitcoin in a recent snapchat news story (more in comments)
Weekend means low transfer fees, time to sweep the dust.
Just thought I would send out a friendly reminder that over the weekends there is generally reduced traffic on the network, which means much lower transfer fees. For those of you with old wallets with lots of small unspent outputs in them you may want to consider "sweeping" them into a single output address while the fees are low.
This helps the network if you later on decide to spend during a peak time, since you can then make a small transaction with only a single input, rather than lots of small ones. Also, it reduces memory requirements for people running full nodes as they have fewer UTXO addresses to keep in memory.
Right now there are transactions clearing in the 50-60 sat/byte range and it will likely get down into they 20-30 range at some point during the weekend.
Submitted April 29, 2017 at 10:43PM by andrewbuck40 http://bit.ly/2psOY8E
Hacker Leaks Episodes From Netflix Show and Threatens Other Networks
Brazil: wife of bitcoin entrepreneur kidnapped. Ransom requested in bitcoins.
Antigua and Barbuda Drafts Laws to 'Implement' Bitcoin
OneCoin taking me to Court telling me to withdraw my statements
Submitted April 30, 2017 at 02:39AM by MrBitcoinNorway http://bit.ly/2psSeB6
The Lightning Network Explained, Part I: How to Build a Payment Channel
Submitted April 30, 2017 at 01:03AM by mrholmes1991 http://bit.ly/2qgN9ys
Jameson on Roger's patent claims: "All I see here is a spew of legalese in an attempt to overwhelm analysis."
Submitted April 29, 2017 at 10:45PM by theonevortex http://bit.ly/2oJcFN3
Profitable Bitcoin Miner?
Now I don't know a terribly a lot of info on Bitcoin mining and I'm not exactly sure that the Bitcoin Mining calculators are accurate enough to find out what would be the Highest profit giving miner in that case. I've looked into purchasing the Antminer s7 and everything but it seems like the powerbill is almost equal with the pay it gives from what I can tell from the calculators. Anyone have any reccomendations / info about it? I really want to get into mining but if I can't make more than I pay for power then it kinda ruins the reason I wanted to buy one. Thanks!
Submitted April 30, 2017 at 06:27AM by MossfruitPlease http://bit.ly/2psHHWD
OneCoin taking me to Court telling me to withdraw my statements
Weekend means low transfer fees, time to sweep the dust.
The Lightning Network Explained, Part I: How to Build a Payment Channel
When people tell me bitcoin's unregulated nature is bad.
Submitted April 30, 2017 at 12:25AM by NimbleCentipod http://bit.ly/2pszO3D
Chatlogs between Core Developer Eric Lombrozo & someone closely related to a large mining pool opposing SegWit
About the chatlogs
Last month I brought together someone closely related to a large mining pool that opposes SegWit and Core Developer Eric Lombrozo through Twitter DM. I came across this person in the r/bitcoin comments and ended up talking in PM, as he presented himself as a communication bridge. I had spoken to Eric once before and felt like it would be helpful if they talked to each other. I asked them if I could share part of the conversation, which you can find here. I also added another takeaway they shared when I asked for permission.
Why I'm sharing them
The outcome of the conversation is nothing new for most people in this subreddit (I'll also post it in the other one). However, the fact that it was new to the other person (and more people I've come across) made me feel like the general approach Bitcoin Core developers have to scaling isn't well known enough yet.
My summary of that is:
We need to get second layer scaling solutions like Lightning live ASAP, so that we can make data-driven decisions for potential backwards-incompatible blocksize increases in the future. The sooner we know how much pain SegWit and with it Lightning can alleviate from the network, the sooner we can make responsible decision to help Bitcoin scale both on and off-chain.
Everyone wants on-chain scaling
There are no Bitcoin Core developers that I'm aware of that never want to raise the blocksize. This is a myth which needs to end. Even the most conservative developer I've seen, Luke jr, wants to eventually get bigger blocks. Developers simply understand that constantly catering to user need in one layer is a losing battle that will make Bitcoin go down a path we can't return from.
Many of us got into Bitcoin with a long term vision, let's apply that here too, swallow the fees and be responsible. We only have one shot at getting this right.
Submitted April 29, 2017 at 11:27PM by SamWouters http://bit.ly/2oJp5o5
Antbleed exposes ‘70 percent’ of Bitcoin miners to attack
Submitted April 29, 2017 at 10:11PM by Lukovka http://bit.ly/2oJ7LzM
Friendly reminder: Bitcoin is still insanely underpriced
1) there is a ~zero correlation between the value of Bitcoin and the value of other assets. It's less correlated than gold. It means, Bitcoin is an excellent safe haven. The aggregate value of gold is about $7 trillion. If gold bags convert only 10% of their gold into Bitcoin, its price will increase by an order of magnitude.
2) There are about $20 trillion hidden in tax havens. As the "Panama papers" showed us, traditional tax havens are unreliable. If they convert only 10% into Bitcoin (which is vastly better than any tax haven), its price will increase by an order of magnitude.
Mainstream Bitcoin adoption and growing political support (Switzerland, Malta etc) will increase the value of Bitcoin even more.
The main reason why the price of Bitcoin is still below $10 000 is because you need some technical knowledge to use it, and many people are yet to hear about it.
Submitted April 29, 2017 at 08:14PM by themetalfriend http://bit.ly/2qicbup
When people tell me bitcoin's unregulated nature is bad.
At the moment #bitcoin is pumping roughly 2.3 Mio USD of new created value on the market **EACH DAY**
Chatlogs between Core Developer Eric Lombrozo & someone closely related to a large mining pool opposing SegWit
Paris Startup Successfully Tests Lightning Network on Litecoin
Submitted April 29, 2017 at 01:59PM by seo-writer http://bit.ly/2oSh5fA
Roger Ver Emotional, Not Rational: Charlie Shrem on Bitcoin Hard Fork
Antbleed exposes ‘70 percent’ of Bitcoin miners to attack
Jameson on Roger's patent claims: "All I see here is a spew of legalese in an attempt to overwhelm analysis."
Roger has finally flipped.
Submitted April 29, 2017 at 03:16PM by bitmegalomaniac http://bit.ly/2oIoAuk
Chandler Guo gets it?
SegWit softfork activated smootly on DGB
Submitted April 29, 2017 at 01:03AM by Reinhardvdb http://bit.ly/2oQM8Za
Friendly reminder: Bitcoin is still insanely underpriced
Antonopoulos about conspiracy theories
Submitted April 29, 2017 at 04:00PM by Lite_Coin_Guy http://bit.ly/2pfBOO7
Roger has finally flipped.
Antonopoulos about conspiracy theories
Paris Startup Successfully Tests Lightning Network on Litecoin
Also latest bitmain firmware fix calls home. sands mac / serial / speed. this can be fixed by editing /etc/hosts or blocking DNS
Submitted April 29, 2017 at 09:24AM by notthematrix http://bit.ly/2qh7GjQ
Friday, 28 April 2017
Germany's most prolific Bitcoin journalist is getting legally intimidated by OneCoin and needs our help!
Edit: removed bitcoin address because of automoderation.
Disclaimer to their lawyers: the title and notes are my personal opinion. The translation is mine.
link to the original blog article: Coinspondent
English translation below:
*Bitcoin vs Onecoin - in court? *
This is the most important article in this blog and, indeed, the future of this site depends on it. Please read it!
tl;dr Onecoin lawyers are sending massive amount of Abmahnungen (translator's note: An "Abmahnung" is a written warning in German law that demands from the recipient to sign a declaration that he will abstain from something and also to pay a large lawyer fee, in order to avoid being sued. Some people in other countries might call it an extortion.) to me that contain construed claims. I want to turn the tables on them, take the Onecoin actors to court and make it all public. That is what they want to avoid. However, I need your support for that.
In the past days I have received legal letters from several (!) Onecoin lawyers that are extremely irritated about an article I have published. In this article I was simply pointing out two publications by BaFin (t.n.: the German banking watchdog) concerning Onecoin. Concretely, the two publications in the section of "illegitimate business" are this one and this one.
For legally tactical reasons I have taken the original article offline, even though all the non-Onecoin people I have talked to about them couldn't find anything wrong with it. Onecoin advocates, however, are known for being very sensitive about criticism. They react all the more fiercely for it.
Full-on intimidation scenario by Onecoin Abmahn lawers
In the past days I have received one Abmahnung from Hamburg (pdf) and one from Cologne (pdf), plus another one went to my web hoster that is meant to get them to take my entire web site down for "Störerhaftung" (t.n.: another strange German legal concept that seems to imply that, e.g., as a hoster you might be partially responsible for what people write on the websites you host). Pretty heavy artillery against a little blog as this one. They might have just quickly sent a mail asking for clarification. Obviously, that is not what the Onecoin side wants.
Rather absurd and construed allegations at times
If you do read the Abmahnungen, you might be astonished about their arguments. I know I was. They seem quite arbitrarily construed in some places. For example, it is alleged that I should have had to check if legal countermeasures had been put in place against the "illegal" (sic!) BaFin decision. Indeed, I could have tried, but that wouldn't have changed a thing since, according to BaFin "BaFin is not authorized to provide information about this." Ongoing proceeding, privacy laws and so on. I am truly amazed that lawyers don't know these kinds of things.
Nonetheless, the artillery that has been put into position against me is extraordinary. And it appears that the intimidation has been big enough to get many other website publishers to take their Onecoin articles down for good. At least that is what the lawyers proudly list.
However, it hasn't been proven that the respective publishers have done anything wrong. Presumably, they just didn't want any legal battles and rather bit the bullet of Abmahn costs instead of having decided right and wrong juristically. Understandably so, since "being right" and "being proven right" are not the same as we know, and in the worst case these things can get really expensive. Possibly even threatening livelihoods. Does one really want that? For Onecoin?
Back down or resist?
That is exactly the decision I am having to make right now: Should I back down, let the article stay offline and pay a non negligible - for me - sum for reasons I don't understand to some lawyers whose clients feel trodden on their toes without it being clear that someone even stepped on their toes?
Just having to ask myself this question makes me angry. VERY, VERY ANGRY! Because I know it is important and morally right to report critically about Onecoin. Because I know I haven't done anything wrong. Because all this is unnecessary taking my time, strength and money. Because they have been successful with this Abmahn-intimidation-story way too often already. And because I simply don't want it. End of story.
Onecoin may not win!
I don't want to give money to the Onecoin lawyers with their artificial intimidation scenario, their quibbling hair splitting and their disturbing view of right and wrong. I don't want to take back statements that I feel have been legal as well as important. In short: I don't want to let Onecoin win.
What's more: I want to do exactly what they want to avoid with their actions. I want to shine a light on the people that are being represented by the Onecoin lawyers. I want the public to address the "business" these people do - their practices, their models, their way of dealing with justified criticism. I want exactly what the Onecoin advocates want the least: That society takes a look at Onecoin and the responsible have to justify themselves. At least those who press ahead so aggressively in this case.
I can't do it without support
The only problem: I can't do it alone. Because "being right" and "being proven right" are not the same and as a family man I can't afford the worst case. So I have thought long and hard and there will be one of these two scenarios happening:
- Scenario 1: Bitcoin vs. Onecoin --- I am starting a bitcoin community crowd fund and until tuesday we gather a sum that makes it possible for me to fully confront Onecoin.
- Onecoin wins --- I, too, bite the bullet of Abmahn fees, back down, and generally avoid Onecoin and similar projects in my list of topics.
There is no question that I prefer the first scenario, but I can live - if reluctantly - with both. The first one will cost me considerably more time, energy and money. In the latter one, I get to live in peace more quickly and can get to other important topics. And that is what will happen if scenario 1 does not come to pass.
The decision is (also) yours!
The ones who ultimately influence the decision are you, the bitcoin community. I have had so many people tell me they support me, that we can't let Onecoin win no matter what. These are comforting, reassuring and welcome words. As ugly as it is, what ultimately has to decide is - the money.
So I am hereby starting the crown fund and I hope that we as the bitcoin community together can defeat Onecoin (who have been abusing the good name of Bitcoin). At least make a honorable effort.
I myself will put as much money in the fund as I would have to spend in the unwanted "scenario 2" anyway. That is, however, just a small share of what would be necessary in the worst case scenario.
BITCOIN NEEDS YOU
This is where you come in:
- Is Onecoin a thorn in your side?
- Are you pissed off by the way their advocates deal with critics?
- Do you find this blog valuable and worth supporting?
- Have you personally profited from real crypto currencies like Bitcoin, Ethereum, Monero, Litecoin etc.?
- Have you donated for anything last week?
- Are you a fan of justice?
- Can you afford giving something?
If you can answer one of these questions with a Yes, I am happy if you are prepared to contribute an appropriate amount to the legal defense fund "Bitcoin vs. Onecoin".
Bitcoin address: see original Article
All further questions are answered in the following FAQ. If there is one missing - write me an email!
FAQ for the "Bitcoin vs. Onecoin" fund
How much money is necessary for you to go to court?
That's hard to say because there are many factors that influence the costs. My lawyer says that five figures (t.n.: in Euro) is a realistic order of magnitude. Unfortunately that is a rather vague assessment. So if in doubt rather give a bit more.
Until when does the crowd fund run?
Tuesday, 2nd of May, 12:00 CEST - the short notice comes from the legal deadlines.
What happens with the money if it's not enough or if there is no court proceedings?
I am not counting on it, but in the case that there are no costs I will send the money back to the respective donor's address (t.n.: So please make sure you control that address!).
What happens with surplus money?
The money is given back to the respective donor's address pro rata. Moreover, there will be an account of how much has been spent for what here in the blog.
How are the chances in court?
That's also hard to say. However, I am very optimistic. Onecoin and their representatives are under pressure in this country (t.n.: and world wide). After all, BaFin has given another statement yesterday: Onecoin Ltd (Dubai), OneLife Network Ltd (Belize) and One Network Services Ltd (Sofia/Bulgaria): Prohibition of business dealing with "OneCoins" in Germany (For the Abmahn lawyers reading this: "Die Verfügungen beruhen auf § 37 Absatz 1 Satz 1 und 4 KWG. Sie sind von Gesetzes wegen sofort vollziehbar, jedoch noch nicht bestandskräftig." and no, the BaFin has not provided information to me whether or not there have been appeals filed. Because it is not allowed to.)
Are the donated bitcoins securely stored?
Yes, cold storage.
Is there another donation option besides bitcoin?
Accepting other crypto currencies would be too much of an organisation effort. By way of an exception, however, there is a paypal donation button in the original article.
Submitted April 29, 2017 at 05:50AM by sagesex http://bit.ly/2oHfZbi
Apologies for the drunk post but I'm getting annoyed with "feel good" posts...
Running allllll over Vancouver today with a giant bag full of Bitcoin!
Submitted April 29, 2017 at 06:22AM by garylachance http://bit.ly/2oGTZ0y
What was the exact Bitcoin price when the Winklevosses filed for their ETF with the SEC?
Also latest bitmain firmware fix calls home. sands mac / serial / speed. this can be fixed by editing /etc/hosts or blocking DNS
Torcoin: Crypto's latest scam
Submitted April 28, 2017 at 10:43PM by antron15 http://bit.ly/2pczvuU
[r/btc] Disgraceful character assassination attack on Andreas Antonopoulos
A dishonest character assassination attempt is taking place there. Andreas Antonopoulos is the REAL bitcoin Jesus. Andreas has always been public on his opinions.
np.reddit.com/r/btc/comments/680b89/on_twitter_i_asked_andreas_a_sincere_question
he responded by saying I was part of a conspiracy against Core
Well no according to the screenshot he didn't say that. Sending personal messages with extreme views and then publishing the responses is dishonest at best. I feel sorry for the ignorant r/btc followers upvoting dishonest posts without even reading them.
Submitted April 28, 2017 at 11:27PM by goxedbux http://bit.ly/2qfePkA