Sunday, 30 April 2017

$1425 ATH COINBASE


http://bit.ly/2oZTD0S via /r/Bitcoin http://bit.ly/2oO7qeR

1415


http://bit.ly/2quiqL4 via /r/Bitcoin http://bit.ly/2pNvhLT

Bitcoin So High Right Now


http://bit.ly/2qunn6D via /r/Bitcoin http://bit.ly/2pNjVHX

Bitcoin holders right now looking at Bitcoin hitting new highs

http://bit.ly/2pvnFuA

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?"


i found this thread on a forum i frequent sometimes, i thought it was interesting enough to share it, as bitcoin keeps getting higher and higher, and more popular we will continue to see these more and more.. of these types of rants..why didn't i buy bitcoin when it was cheap,,, how could i of been so stupid.. why didn't anyone tell me...remember we were all in his shoes once.. and most of us are still upset at the fact that we didn't get into this early enough...back in 2013 when he wrote it, i most likely wouldn't of cared or understood what this bitcoin was, i wouldn't of finished reading it either, i had no need for bitcoin, i was getting along fine with paypal and busy with school, i also didn't understand much of how the monetary system workedfast forward 2017, the price is now 1389usdsomething happened several years, that forced me into bitcoin, it was necessity, that fact that paypal threw me out, after many years of being a customer, i made one mistake and they cancelled my account with no chance of getting it back,that day was the day i had to look for alternatives and i started reading more about money and trying to send money out of my country, as i was paying developers to make me websites, just like that.. i had no way of paying my developer, i realised how difficult it was to send money overseas, and then i met bitcoini did not understand it at first.. i felt frustrated, what is this stupid bitcoin, what is this download blockchain thing..took me 6 months to understand bitcoin, after giving up the months before because at the time there was no indication of how much time i wait to wait until the blockchian finished downloading, this stupid blockchain took too long to download and i thought it was broken and frozen, so i quit, but necessity kept bringing me back to try to download the chain, eventually after 6 months, i started to get the hang of it and bought my first ubitsafter months of using it, i realized the power of bitcoin, and i couldn't keep it to myself, i had to spread the word,i think this is just the beginning, i truly believe in the future having even 1 bitcoin will be worth more than you can imagineeventually... we will see threads about people kicking themselves for not buying even 1 bitcoin, and saying how could they have not seen this , and why didn't anyone tell them 1 bitcoin would be worth... lotsi think.. this bitcoin boom hasn't even begun!as this guy writes below, that no one told him about it, and he wished someone would of told him, it reminds me that i have spent several years trying to tell people i work with about bitcoin, but no one cares no one listens,they think i am strange and crazy because its some funny internet money...and i work in i.t. , i thought these guys would easily understand me, and be interested in itbut no...many people around the world may believe that bitcoin is only for people in i.t. or nerds.. is that really the case?the older i get, the more i realize how important it is to listen to people.. no matter how crazy this it soundswhich makes me think... what gets people into bitcoin... is it luck? or necessity or whatso my question to you.. what industry do you work in and what got you into bitcoin............here is what the guy wrote below"Im just sitting here, having spent around 2 hours... trying to buy litecoins. I wont go into the details of that other than to say I feel like smashing my screen into bits.So on this Sunday afternoon before I head off to the office yet again to file nov over time and sort out some needfull april to oct 2012 tax returns.Umm... im asking myself, what part of being in IT should have enabled me to have been in on bitcoins early, like lets be honest here, if we had bought bit coins, say £5 worth, or heck £100 worth you would be able to basicly move on now to another more interesting level of your life, like having flat out your own home, able to start your own business. Or if you wished to spend some of that money from the rocket climb from $0.1, to $1000 per bit coin.Its like having been in IT right during the late 90s, and known about the up coming internet, but not spent two minutes to think enough to domain register bank.comIm not sitting here feeling sorry for myself, we can spend a few moments thinking about people that have lost access to wallets worth many millions which im sure we have all read about.Its just im sitting here having a honest think about it, and the truth is, is that IT and interesting aspects of... No one pinged me, no one clued me in, no one emailed me or said, hay listen mate you might want to buy £50 of bitcon its a good idea for the future.And also in here.... who here is looking at the writing on the wall about litecoin, that is five times faster and is getting pulled up as well, hence the reason only because some guy on a boxing forum I go to is not letting go about the subject am I actually saying, sht actually this might be a good idea to look into.The point im making, im not having a go or blaming any one , im just saying, we all should have been in on bitcoin to some extent, even if your wallet had £20 in there.What was the point of being in IT that we missed that chance to make some serious money. Sure we are fixing computers and supporting companys/users but these extra bits should not be past us.Just throwing it out there.... has any one actually stopped and thought about this a bit?I feel not jelious, no not at all... I feel like im an idiot, like being a fisherman with the best ship, going past the best waters with the best fish but going to the worst waters for some one else and getting paid poor wages for a 65 hour week.Where is your bit coin wallet with 2000 bit coins in there?if you dont have that why not if your in IT, which part of your interaction with IT caused you not to be aware of what was to come about?What was the point of being in IT? You have to be a bit cynical about things some times, is it unfair to blaim yourself for having missed bit coins when at 0.20, I never even heard about it, did any one here hear about it when it first started?" via /r/Bitcoin http://bit.ly/2qtVRpB

Congrats !


http://bit.ly/2qtZkEI via /r/Bitcoin http://bit.ly/2pNiARf

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


Now Onecoin is threatening journalists with suits for reporting on their scheme http://bit.ly/2oY29xo via /r/Bitcoin http://bit.ly/2plEvxr

What the fuck is going on? $1400?


I'm all for rising Bitcoin prices. To the Moon....But I don't know what's driving this, and it feels a bit eerie.Should I be concerned?Thoughts? via /r/Bitcoin http://bit.ly/2qmZzSN

MimbleWimble: Why Silly Sounding Tech Could Seriously Reform Bitcoin

http://bit.ly/2pk5ute

Submitted May 01, 2017 at 01:04AM by Liongrass http://bit.ly/2qlYfQa

Bitstamp sets new ATH

http://bit.ly/2qmraU9

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

http://bit.ly/2qmzcMS

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?

http://bit.ly/2qtIYMp

Submitted May 01, 2017 at 07:53AM by eugeneryb http://bit.ly/2pMqPwT

Bitcoin holders right now looking at Bitcoin hitting new highs


http://bit.ly/2pvnFuA via /r/Bitcoin http://bit.ly/2pl07Kw

/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. Once they are all issued Bitcoin will be truly deflationary.Open source - Bitcoin code is fully auditable. You can read the source code yourself here.Accountable - The public ledger is transparent, all transactions are seen by everyone.Decentralized - Bitcoin is globally distributed across thousands of nodes with no single point of failure and as such can't be shut down similar to how Bittorrent works.Censorship resistant - No one can prevent you from interacting with the bitcoin network and no one can censor, alter 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.Low fee - Transactions cost a few cents, most wallets calculate this automatically but you can view current fees here.Borderless - No country can stop it from going in/out, even in areas currently unserved by traditional banking as the ledger is globally distributed.Trustless - Bitcoin solved the Byzantine's Generals Problem which means nobody needs to trust anybody for it to work.Pseudonymous - No need to expose personal information when purchasing with cash or transacting.Secure - Encrypted cryptographically and can’t be confiscated with proper key management such as hardware wallets.Nearly instant - From a few seconds to a few minutes depending on need for confirmations.Peer-to-peer - No intermediaries with a cut, no need for trusted third parties.Portable - Bitcoins are digital so they are easier to move than cash or gold. They can even be transported by simply remembering a string of words for wallet recovery.Scalable - Each bitcoin is divisible down to 8 decimals allowing it to grow in value while still accommodating micro-transactions.Designed Money - Bitcoin was created to fit all the fundamental properties of money better than gold or fiatSome excellent writing on Bitcoin's value proposition and future can be found here. Bitcoin statistics can be found here and here. Developer resources can be found here and here. Peer-reviewed research papers can be found here. The number of times Bitcoin was declared dead by the media can be found here. Scaling resources here, and of course the whitepaper that started it all.Where can I buy bitcoins?BuyBitcoinWorldwide.com is a very helpful site for beginners. 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, also, check out the bitcoinity exchange resources for a larger list of options for purchases.Bank Transfer / Credit cardCashCoinbaseLocalBitcoinsGeminiLibertyXGDAXMycelium LocalTraderPoloniexBitQuickBitstampWallofCoinsKrakenBitcoinOTCXapoSnapCardCex.ioitBitBititBitsquareHere 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 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 want 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. Some popular mobile and desktop options are listed below and most are cross platform.AndroidiOsDesktopMyceliumBreadWalletElectrumCoPayAirBitzArmoryIf you prefer to let third party "Bitcoin banks" manage your coins, try Coinbase or Xapo 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?A more comprehensive list can be found at the Trade FAQ but some more commons ones are below.StoreProductGyftGift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.Steam, HumbleBundle, GreenmanGaming, and Coinplay.ioFor when you need to get your game onMicrosoftXbox games, phone apps and softwareSpendabit, The Bitcoin Shop, Overstock, Rakuten, DuoSearch, The Bitcoin Directory and BazaarBayRetail shopping with millions of resultsShakePayGenerate one time use Visa cards in secondsNewEgg, TigerDirect and DellFor all your electronics needsCashila, Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, Pey.de, LivingRoomofSatoshi, Hyphen.to, Coinsfer, GetPaidinBitcoin, Coins.co.th, More #1, #2Bill paymentFoodler, Takeaway, Thuisbezorgd NL, Pizza For CoinsTakeout delivered to your door!Expedia, Cheapair, Lot, Destinia, BTCTrip, Abitsky, SkyTours, Fluege the Travel category on Gyft and 9flatsFor when you need to get awayBoltVM, BitHostVPS 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, 99Bitcoins 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)BitapsCan 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.SiteDescriptionBitwage, XBTfreelancer, Cryptogrind, Bitlancerr, Coinality, Bitgigs, /r/Jobs4Bitcoins, Rein ProjectFreelancingOpenBazaar, Purse.io, Bitify, /r/Bitmarket, 21 MarketMarketplacesWatchmybit, Streamium.io, OTika.tv, XOtika.tv NSFW, /r/GirlsGoneBitcoin NSFWVideo StreamingBitasker, BitforTip, WillPayCoinTasksSupload.com, SatoshiBox, JoyStream, File ArmyFile/Image SharingCoinAd, A-ads, Coinzilla.ioAdvertisingYou can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins)Bitcoin 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/2n9VYFC

Bitstamp sets new ATH


http://bit.ly/2qmraU9 via /r/Bitcoin http://bit.ly/2pkO4wE

Daily reminder to keep your wallets safe, a guy is about to get robbed of 70+ BTC


http://bit.ly/2qmzcMS via /r/Bitcoin http://bit.ly/2pl8NAz

Why is the fees so high ?


I send a small transaction of 0.11 btc with $6 as fees. $6 is the suggested fees. Is it going to get lower and faster ? One of the main reason to swtich to bitcoin is the low cost fees. via /r/Bitcoin http://bit.ly/2pv8q4O

Rick Falkvinge: "The network only needs a couple dozen or so nodes to function, and function well. There's more than enough." #BUlogic

https://twitter.com/Falkvinge/status/857258955776589824

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.

https://twitter.com/NickSzabo4/status/850828998414180353

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.


https://twitter.com/Cointimes_tech/status/858733124334833670 via /r/Bitcoin http://bit.ly/2oYxD6M

MimbleWimble: Why Silly Sounding Tech Could Seriously Reform Bitcoin


http://bit.ly/2pk5ute via /r/Bitcoin http://bit.ly/2qlYfQa

A global cryptocurrency requires trust minimization. But for charlatans Bitcoin is now about trusting a rich and powerful ASIC manufacturer.


https://twitter.com/NickSzabo4/status/850828998414180353 via /r/Bitcoin http://bit.ly/2oVdMEM

The Stories We Tell About Money

https://youtu.be/ONvg9SbauMg

Submitted April 30, 2017 at 09:22PM by AliBongo88 http://bit.ly/2oV0DeU

Bitcoin Hits New All-Time High!

http://for.tn/2qhsI4Q

Submitted April 30, 2017 at 02:30PM by larryclarking http://bit.ly/2ptWAbb

Onecoin Sends Lawsuits Threats to Media and Whistleblowers

http://bit.ly/2oY29xo

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


https://twitter.com/theonevortex/status/858689221590167552 via /r/Bitcoin http://bit.ly/2oVjdUa

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


https://twitter.com/Falkvinge/status/857258955776589824 via /r/Bitcoin http://bit.ly/2oMjMEu

The Stories We Tell About Money


https://youtu.be/ONvg9SbauMg via /r/Bitcoin http://bit.ly/2oV0DeU

Warren Buffett and Charlie Munger vs. Bitcoin - a historic chart

http://bit.ly/2qi45VE

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.

https://twitter.com/TuurDemeester/status/858393352265486338

Submitted April 30, 2017 at 04:29PM by Lite_Coin_Guy http://bit.ly/2qhEkEE

Whats up with UASF ?


Hey guys ive been away for a while, made a few bucks with ltc in passing hahaWhats up with UASF is anyone thinking of seriously pulling it off ? via /r/Bitcoin http://bit.ly/2puuxbN

Antigua and Barbuda Drafts Laws to 'Implement' Bitcoin

http://bit.ly/2pK2hVz

Submitted April 30, 2017 at 07:09AM by kvhlms http://bit.ly/2qr3SM6

Onecoin Sends Lawsuits Threats to Media and Whistleblowers


http://bit.ly/2oY29xo via /r/Bitcoin http://bit.ly/2pjuZLa

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 via /r/Bitcoin http://bit.ly/2pjuFMN

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! :PAnyways, just wanted to share my moment of "finally got it done". Hope ya'll have a splendid day, fam!Cheers! via /r/Bitcoin http://bit.ly/2pLgt0h

Cryptocurrency is the new frontier. Hold a claim in the right location, and you have a chance at building a multi-generational estate.


https://twitter.com/TuurDemeester/status/858393352265486338 via /r/Bitcoin http://bit.ly/2qhEkEE

Warren Buffett and Charlie Munger vs. Bitcoin - a historic chart


http://bit.ly/2qi45VE via /r/Bitcoin http://bit.ly/2puchPq

Entire list of people opposed to Segwit:


Roger Vera few mining pool operatorsBitmainDid I miss anyone? via /r/Bitcoin http://bit.ly/2pKGRrg

Bitcoin Hardware Comparison


I'm looking to buy a hardware wallet now my coins are increasing.Which is better and why? Ledger Nano S or Trezor or KeepKey? via /r/Bitcoin http://bit.ly/2qhmguA

Bitcoin Hits New All-Time High!


http://for.tn/2qhsI4Q via /r/Bitcoin http://bit.ly/2ptWAbb

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 JiÅ™ikovský: 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.

http://bit.ly/2qkkPsh

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)


http://bit.ly/2ptHi6k via /r/Bitcoin http://bit.ly/2oLeM36

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


By NICOLE PERLROTH and MATTHEW HAAG via NYT Business Day http://nyti.ms/2oKJedG

Brazil: wife of bitcoin entrepreneur kidnapped. Ransom requested in bitcoins.


http://bit.ly/2qkkPsh via /r/Bitcoin http://bit.ly/2phZrp4

Antigua and Barbuda Drafts Laws to 'Implement' Bitcoin


http://bit.ly/2pK2hVz via /r/Bitcoin http://bit.ly/2qr3SM6

OneCoin taking me to Court telling me to withdraw my statements

http://bit.ly/2qgXhYg

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

http://bit.ly/2psMUOl

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."

https://twitter.com/lopp/status/858329733825798145

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


http://bit.ly/2qgXhYg via /r/Bitcoin http://bit.ly/2psSeB6

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. via /r/Bitcoin http://bit.ly/2psOY8E

The Lightning Network Explained, Part I: How to Build a Payment Channel


http://bit.ly/2psMUOl via /r/Bitcoin http://bit.ly/2qgN9ys

When people tell me bitcoin's unregulated nature is bad.

http://bit.ly/2qgDdoU

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

http://bit.ly/2oVUwHR

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.


http://bit.ly/2qgDdoU via /r/Bitcoin http://bit.ly/2pszO3D

At the moment #bitcoin is pumping roughly 2.3 Mio USD of new created value on the market **EACH DAY**


https://twitter.com/_jonasschnelli_/status/858316116246003712 via /r/Bitcoin http://bit.ly/2qiPplY

Chatlogs between Core Developer Eric Lombrozo & someone closely related to a large mining pool opposing SegWit


About the chatlogsLast 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 themThe 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 scalingThere 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. via /r/Bitcoin http://bit.ly/2oJp5o5

Paris Startup Successfully Tests Lightning Network on Litecoin

http://bit.ly/2pfDEOL

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


http://bit.ly/2oVTqfo via /r/Bitcoin http://bit.ly/2oJ7M6O

Antbleed exposes ‘70 percent’ of Bitcoin miners to attack


http://bit.ly/2oVUwHR via /r/Bitcoin http://bit.ly/2oJ7LzM

Jameson on Roger's patent claims: "All I see here is a spew of legalese in an attempt to overwhelm analysis."


https://twitter.com/lopp/status/858329733825798145 via /r/Bitcoin http://bit.ly/2oJcFN3

Roger has finally flipped.

http://bit.ly/2qhYqMj

Submitted April 29, 2017 at 03:16PM by bitmegalomaniac http://bit.ly/2oIoAuk

Chandler Guo gets it?


https://twitter.com/ChandlerGuo/status/858265080739188736 via /r/Bitcoin http://bit.ly/2qiuCiN

SegWit softfork activated smootly on DGB

https://twitter.com/DigiByteCoin/status/857995712843448320

Submitted April 29, 2017 at 01:03AM by Reinhardvdb http://bit.ly/2oQM8Za

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. via /r/Bitcoin http://bit.ly/2qicbup

Antonopoulos about conspiracy theories

http://bit.ly/2qi7lNY

Submitted April 29, 2017 at 04:00PM by Lite_Coin_Guy http://bit.ly/2pfBOO7

Roger has finally flipped.


http://bit.ly/2qhYqMj via /r/Bitcoin http://bit.ly/2oIoAuk

Antonopoulos about conspiracy theories


http://bit.ly/2qi7lNY via /r/Bitcoin http://bit.ly/2pfBOO7

Paris Startup Successfully Tests Lightning Network on Litecoin


http://bit.ly/2pfDEOL via /r/Bitcoin http://bit.ly/2oSh5fA

Also latest bitmain firmware fix calls home. sands mac / serial / speed. this can be fixed by editing /etc/hosts or blocking DNS

http://bit.ly/2oHpSpr

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:

  1. 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.
  2. 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...


This is a war. We have a majorly untenable situation occurring within this technology which anyone with any understanding knows undoes the foundation on which this can all stand. Does this really need to be pointed out? The reason we have bitcoin is because centralized clearing houses don't allow the freedom we all desire. When one guy and his company make 70% of the miners that are currently in use while at the same time operating somewhere north of 50% of the total hashrate of the network that is a problem.Next, that problem manifests in one scandal after another as we are becoming increasingly accustomed to while you have an outrageous group of paid adversaries and agent provocateurs running their own sub, controlling small but important parts of infrastructure such as bitcoin.com itself performing endless psy-ops trying to attack this experiment in the only way that might possibly succeed - by undermining the principles on which it was founded.Well we weren't founded on being nice to one another.Adversarial thinking while taking advantage of the selfishness of others meant designing a system that people would be irrational to participate in for purposes that did not align with the rest of the users.That has not been the case for a long time. It has given way to "well it doesn't seem to be a problem right now".This is a war. The principles that built this thing must at all costs remain. To deviate from them is far too easy to do, and it is all too easy show up with a poor understanding of things and encourage development that leads us down a bad path.But it is another thing entirely to continually accept - in good faith - a psychological warfare campaign that attempts to fuck the whole project up.No one who understands what is amazing here, and what is at stake here is interested in any "compromise" or "hugs."Being open minded is too rarely seen in a negative light. When someone attempts to destroy you, your defensive behavior will be questioned. If you listen to this it will only weaken your continued vigilance in the future.Remember the principles. Adhere to them. Don't weaken.TL;DR: "I was going to disrupt the world's most powerful industry, but then people started being mean and I told them to be nice and they didn't so I quit" via /r/Bitcoin http://bit.ly/2oRJBhK

Running allllll over Vancouver today with a giant bag full of Bitcoin!

http://bit.ly/2qgyWPz

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?


Has to be around ~$100 or so since they filed sometime mid-2013. Would love to see a running ticker of how much returns people have missed out on thanks to the sec dragging their feet and ultimately denying the etf. Up by a factor of about ~13x in less than 4 years right now. Embarrassing for the sec. via /r/Bitcoin http://bit.ly/2oHY5Wf

Also latest bitmain firmware fix calls home. sands mac / serial / speed. this can be fixed by editing /etc/hosts or blocking DNS


http://bit.ly/2oHpSpr via /r/Bitcoin http://bit.ly/2qh7GjQ

Torcoin: Crypto's latest scam

http://bit.ly/2oQu7Kz

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

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: CoinspondentEnglish 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 lawersIn 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 timesIf 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 supportThe 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 YOUThis 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 ArticleAll further questions are answered in the following FAQ. If there is one missing - write me an email!FAQ for the "Bitcoin vs. Onecoin" fundHow 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. via /r/Bitcoin http://bit.ly/2oHfZbi

Running allllll over Vancouver today with a giant bag full of Bitcoin!


http://bit.ly/2qgyWPz via /r/Bitcoin http://bit.ly/2oGTZ0y