Monday, 30 April 2018

Street art piece in Paris with a QR code for bitcoin donations

http://bit.ly/2Fw0MgT

Submitted May 01, 2018 at 02:53AM by Pascalboyart http://bit.ly/2KnVSpU

@SatoshiLite: Running your own node is like having your own watch. You use it to tell time without relying on others. (e.g. miners) If everyone has their own watch, actual time can only change if everyone agrees to change it. (e.g. DST) Time is only useful when everyone is on the same time.

https://twitter.com/SatoshiLite/status/991007227510050817 via /r/Bitcoin http://bit.ly/2Fx5CKK

Street art piece in Paris with a QR code for bitcoin donations

http://bit.ly/2Fw0MgT via /r/Bitcoin http://bit.ly/2KnVSpU

eltoo: A Simplified Update Mechanism for Lightning and Off-Chain Contracts

http://bit.ly/2HC4LOR

Submitted May 01, 2018 at 01:29AM by cdecker http://bit.ly/2rarMgR

Insurer Beazley to Launch Blockchain Registry With Bitfury, Lloyd's Broker

By REUTERS via NYT https://nyti.ms/2r6KhUj

Paid 1 Satoshi tip over LN. Cryptographically secured, instantly.

http://bit.ly/2JDnia8

Submitted April 30, 2018 at 08:35PM by Zelgada http://bit.ly/2jjtKYU

FORBES: Gold used to be money, and it was great money for its times. But Bitcoin's now the new flight capital.

http://bit.ly/2jkrjp1

Submitted April 30, 2018 at 10:34PM by coinmoon_com http://bit.ly/2HEhug1

Helping my friend set up a small operation. He has had these miners sitting for almost 3 months, finally just set them up. Anyone know why some of the hashes are so slow? (have not flashed firmware yet, not sure if that is why)

http://bit.ly/2Kt2Bie

Submitted May 01, 2018 at 02:41AM by craft23 http://bit.ly/2FtL6Ln

eltoo: A Simplified Update Mechanism for Lightning and Off-Chain Contracts

http://bit.ly/2HC4LOR via /r/Bitcoin http://bit.ly/2rarMgR

Beginner’s Guide to ️⚡Lightning️⚡ on a Raspberry Pi

http://bit.ly/2FHXLix

Submitted April 30, 2018 at 09:35PM by herzmeister http://bit.ly/2JBphvJ

Saw this on Twitter today 😂

http://bit.ly/2raF5Pl

Submitted April 30, 2018 at 11:30AM by brownsnation http://bit.ly/2w5G482

Paid 1 Satoshi tip over LN. Cryptographically secured, instantly.

http://bit.ly/2JDnia8 via /r/Bitcoin http://bit.ly/2jjtKYU

Social Wallet (WIRE) ICO information and rating

http://bit.ly/2rbMrBh

Submitted April 30, 2018 at 11:03PM by AileenLouise http://bit.ly/2HBM0uU

ssot-health | Solutions

http://bit.ly/2rbMqxd

Submitted April 30, 2018 at 11:08PM by Rindall http://bit.ly/2HCv3Rb

FORBES: Gold used to be money, and it was great money for its times. But Bitcoin's now the new flight capital.

http://bit.ly/2jkrjp1 via /r/Bitcoin http://bit.ly/2HEhug1

U.S. Tech Fund Andra Raises $500 Million for New Digital Coin

By REUTERS via NYT https://nyti.ms/2r9fwNG

Beginner’s Guide to ️⚡Lightning️⚡ on a Raspberry Pi

http://bit.ly/2FHXLix via /r/Bitcoin http://bit.ly/2JBphvJ

The 4th Pillar Platform Beta

http://bit.ly/2I4OHVs

Submitted April 30, 2018 at 10:27PM by Poppie658 http://bit.ly/2vYTeDW

World mining

Get 30Gh for free

Submitted April 30, 2018 at 10:31PM by jelly007 http://bit.ly/2vWV88f

DIGITIZE - SOLUSI PINTAR

http://bit.ly/2vYV4Vp

Submitted April 30, 2018 at 10:43PM by Albert7846 http://bit.ly/2rbPJoM

ISHOOK - eBook Dengan Social Media

http://bit.ly/2vYV1ZJ

Submitted April 30, 2018 at 10:52PM by homo-crm http://bit.ly/2I2Bqwk

Social Wallet (WIRE) ICO: Rating and Review (Token Sale)

http://bit.ly/2vYUYNx

Submitted April 30, 2018 at 10:58PM by EricVonRueden http://bit.ly/2r8jaYW

Bitcoin.com Fraud Lawsuit Group Gaining Steam With Over 1000 Members

http://bit.ly/2r5A9v1

Submitted April 30, 2018 at 06:31PM by Suberg http://bit.ly/2vVqFHG

I took a trip with some friends to a sleepy rural town in Japan, hours outside of Tokyo. We entered a cafe and were surprised to see that they accepted bitcoin. Here is my friend buying a chocolate cake.

http://bit.ly/2raDqZg

Submitted April 30, 2018 at 08:29PM by LouisOfTokyo http://bit.ly/2HBfklk

I took a trip with some friends to a sleepy rural town in Japan, hours outside of Tokyo. We entered a cafe and were surprised to see that they accepted bitcoin. Here is my friend buying a chocolate cake.

http://bit.ly/2raDqZg via /r/Bitcoin http://bit.ly/2HBfklk

Just like there is no email.com that owns email, there is no bitcoin.com that owns bitcoin; the code is open-source.

https://twitter.com/RehanQureshi95/status/990863526997708800

Submitted April 30, 2018 at 04:19PM by rehanworking http://bit.ly/2vVqyMg

Pfeffer Capital Investor: Bitcoin to Replace Gold While Market Cap Could Be Worth $6 Trillion

http://bit.ly/2JBguK6

Submitted April 29, 2018 at 11:48PM by sarjad http://bit.ly/2r6zRUC

Jewelry Companies Team Up With IBM on Blockchain Platform

By REUTERS via NYT https://nyti.ms/2KoAKjr

Dogecoin has more transaction than fake bitcoin

http://bit.ly/2rcl0qT via /r/Bitcoin http://bit.ly/2HC2CCT

DealBook Briefing: T-Mobile and Sprint Are Trying to Win Over Washington. Will They Succeed?

By Unknown Author via NYT DealBook https://nyti.ms/2HDwxXj

New Ledger features!

http://bit.ly/2w4hiFI

Submitted April 30, 2018 at 04:16PM by BitMarKas http://bit.ly/2HZ8UMi

Bitcoin.com Fraud Lawsuit Group Gaining Steam With Over 1000 Members

http://bit.ly/2r5A9v1 via /r/Bitcoin http://bit.ly/2vVqFHG

UK Banking out of control, and there is worse to come, you have been warned.

http://bit.ly/2r9nXcA via /r/Bitcoin http://bit.ly/2vVqCeY

Just like there is no email.com that owns email, there is no bitcoin.com that owns bitcoin; the code is open-source.

https://twitter.com/RehanQureshi95/status/990863526997708800 via /r/Bitcoin http://bit.ly/2vVqyMg

New Ledger features!

http://bit.ly/2w4hiFI via /r/Bitcoin http://bit.ly/2HZ8UMi

Daily Discussion, April 30, 2018

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!Daily threads are fast paced! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.Suggested TopicsScreenshotsof article headlines without the articleof your favorite price tickerof your exchange websiteof your private chatsWallet/Exchange/Networkrecommendationscomplaintsservice outagestroubleshootingfee estimationunconfirmed transactionsAll things pricehodlingthe dipthe moonprice going upprice going downtechnical analysisprice on your smart phoneprice on your smart watchStuff you bought with BitcoinHardware walletsLambosTeslasPizzaQuestionsReceiving BitcoinSending BitcoinEarning BitcoinStoring BitcoinBuying BitcoinSelling BitcoinThat thing your coworker saidBitcoin ShowerthoughtsRandom music videosBitcoin license platesInteresting threadsFuture speculationNews of the dayMemes, GIFsTwitter linksYour price screenshots and repetitive submissions are being removed, so please stop submitting them!Please check the previous discussion thread for unanswered questions. via /r/Bitcoin http://bit.ly/2rbrI16

ssot-health | Opportunity

http://bit.ly/2HBVQgr

Submitted April 30, 2018 at 01:11PM by Billindeneleanor http://bit.ly/2rankil

Ever Considered Knowingly Donating Your Processing Power To Miners?

http://bit.ly/2HB2yDj

Submitted April 30, 2018 at 06:02PM by AwayGeb http://bit.ly/2raFL6f

Despite wearing short-sleeved hoodies and a hat indoors the LN Zap developer has a lot of interesting stuff to say

https://www.youtube.com/watch?v=7C3S1HGRzuk

Submitted April 30, 2018 at 01:09AM by day1patch http://bit.ly/2vY62ug

Bitcoin LN network is still being tested. Don't risk big amounts and yet, give it some time and patience to grow and stabilize.

http://bit.ly/2vY5WCU

Submitted April 30, 2018 at 04:32AM by cyborgene http://bit.ly/2raIoWs

Introduction to SocialCxN - A BlockChain Enabled Enterprise Solution

https://youtu.be/2vVVoh6M-5c

Submitted April 30, 2018 at 02:05PM by Mecaro http://bit.ly/2rfyovt

A Canadian Bitcoin ATM

http://bit.ly/2Koq6t5 via /r/Bitcoin http://bit.ly/2FpTtaF

SocialCxN (CXN) ICO information and rating

http://bit.ly/2jeAWp8

Submitted April 30, 2018 at 01:42PM by LillianZoye http://bit.ly/2HFEhrV

BTC VS Gold

Who will win?

Submitted April 30, 2018 at 01:47PM by kriptojon http://bit.ly/2HFEbk3

Wealth-migrate-delays-ico

http://bit.ly/2HFE5Jd

Submitted April 30, 2018 at 01:48PM by ShyWinson http://bit.ly/2HY6UUy

SA's Wealth Migrate to launch $30m ICO aimed at global property

http://bit.ly/2HFE0Fp

Submitted April 30, 2018 at 01:55PM by Mecaro http://bit.ly/2I6FQSW

Sunday, 29 April 2018

in my opinion what we really need now is an easy way to accept LN payments

It's now very easy to pay LN invoices, so easy in fact that there's even an app out on android and that was a huge step.

I ordered a sticker the other day and read articles on yalls.org and it's amazing, if you haven't tried it yet definitely grab a handful of satoshi and try it for yourself.

With that done the bottleneck in public testing has now moved on to accepting payments, it still takes quite a bit of work and technical knowledge to set up a node etc. In fact I'm currently struggling through that myself (new node soon yeay) and I'm not stupid but it's hard and takes considerable effort.

I can't wait until some sort of easier way comes along, maybe even a buffer that takes LN payments and forwards substantial sums to a BTC address.

Submitted April 30, 2018 at 01:53AM by day1patch http://bit.ly/2Fsw2xo

Hong Kong Scrambles for Talent in Battle for Nasdaq's Biotech Crown

By REUTERS via NYT https://nyti.ms/2jhSzEw

Australia Solar-Mining Farm to Cut Bitcoin’s Carbon Footprint

http://bit.ly/2FtJwZA

Submitted April 30, 2018 at 12:04AM by ExcellentDifficulty http://bit.ly/2KonECz

in my opinion what we really need now is an easy way to accept LN payments

It's now very easy to pay LN invoices, so easy in fact that there's even an app out on android and that was a huge step.I ordered a sticker the other day and read articles on yalls.org and it's amazing, if you haven't tried it yet definitely grab a handful of satoshi and try it for yourself.With that done the bottleneck in public testing has now moved on to accepting payments, it still takes quite a bit of work and technical knowledge to set up a node etc. In fact I'm currently struggling through that myself (new node soon yeay) and I'm not stupid but it's hard and takes considerable effort.I can't wait until some sort of easier way comes along, maybe even a buffer that takes LN payments and forwards substantial sums to a BTC address. via /r/Bitcoin http://bit.ly/2Fsw2xo

Do not touch it ! say Bank of France.

https://www.youtube.com/watch?v=Dqaw9-NTd3c

Overwhelmed by this Bitcoin revolution, they spread the fear, but this speech will not hold forever, at a time, everyone will know that these words are wind.

Submitted April 29, 2018 at 07:51PM by oxhak http://bit.ly/2HASCdc

St. Louis Federal Reserve says Bitcoin is “Like Regular Currency”

https://for.tn/2vWGnC3

Submitted April 29, 2018 at 11:54PM by RosaliaThoma http://bit.ly/2rambYE

someone put a BTC-symbol on to the swiss federal bank!

https://twitter.com/JohannesGees/status/990127891026530304?s=09

Submitted April 30, 2018 at 03:01AM by zappadoing http://bit.ly/2HWif7H

Question: How do miners get paid?

So I understand the basics of Bitcoin mining and I know that whoever mines the block gets the reward and the transaction fees. So my question is is the only miner who gets paid is the one who mines the block? Like would I still get the transaction fees even if I don't mine the block? And if I don't, doesn't that mean that only one miner gets paid every ten minutes since that's how long a block should be mined in?

Submitted April 30, 2018 at 04:34AM by RealTechHacks http://bit.ly/2FsGmFr

Blockchain Will Be Theirs, Russian Spy Boasted at Conference

By NATHANIEL POPPER via NYT https://nyti.ms/2r8g0Ep

St. Louis Federal Reserve says Bitcoin is “Like Regular Currency”

https://for.tn/2vWGnC3 via /r/Bitcoin http://bit.ly/2rambYE

someone put a BTC-symbol on to the swiss federal bank!

https://twitter.com/JohannesGees/status/990127891026530304?s=09 via /r/Bitcoin http://bit.ly/2HWif7H

The government of the Philippines has announced that it will now allow ten cryptocurrency companies to operate in a Special Economic Zone in Cagayan.

http://bit.ly/2HEK6pB

Submitted April 29, 2018 at 05:39PM by coinlawyer http://bit.ly/2jfHh3B

Bitcoin.com tricking users into buying Btrash

http://bit.ly/2Fpr3gY via /r/Bitcoin http://bit.ly/2Koc6iX

Australia Solar-Mining Farm to Cut Bitcoin’s Carbon Footprint

http://bit.ly/2FtJwZA via /r/Bitcoin http://bit.ly/2KonECz

How much is you L3+ making you these days?

Just took a look at my profitability on my L3+s and want to make sure I’m doing ok with the pool I’m at.

Submitted April 30, 2018 at 12:49AM by MinerJA3 http://bit.ly/2KqEeBM

Pfeffer Capital Investor: Bitcoin to Replace Gold While Market Cap Could Be Worth $6 Trillion

http://bit.ly/2JBguK6 via /r/Bitcoin http://bit.ly/2r6zRUC

Bitcoin is "On the Edge of Mass Cryptocurrency Adoption"

http://bit.ly/2Kmp4gU

Submitted April 29, 2018 at 07:29PM by BennettSchumm http://bit.ly/2Fqupjy

Winklevoss Crypto Exchange Partners With Nasdaq In Industry First

http://bit.ly/2KoSevV

Submitted April 29, 2018 at 05:48PM by sarjad http://bit.ly/2FoGoOQ

Truth about Bitcoin mining

http://bit.ly/2HE4aMD

Submitted April 29, 2018 at 07:58PM by YnotHaTony http://bit.ly/2r8DEQp

Is this how Lightning will operate when it matures?

Tell me if I’m missing anything important in the steps below. Please ignore that I’m making the network simple and my Lightning payments only travel through the same 3 nodes. Also, please ignore that the fees listed are for easy calculation and not meant to be exactly what will be charged for these transactions.Start with 1 BTC in wallet regular Bitcoin wallet as well as 0.01 BTC in wallet on Lightning Network.Buy lunch almost instantly on Lightning Network in the amount of 0.001 BTC and also paying 1 satoshi to Node A and 0.5 satoshi to Node B in fees. Current balance 1 BTC in regular Bitcoin wallet and 0.008999985 Bitcoin in Lightning wallet.Buy soda from vending machine almost instantly on Lightning Network in the amount of 0.0001 BTC and also paying Node A 0.1 satoshi and Node B 0.05 satoshi and Node C 0.1 satoshi in fees. Current balance 1 BTC in regular Bitcoin wallet and 0.0088999825 BTC in Lightning wallet.I need to make a car payment and there is not enough in my Lightning wallet so I move 0.05 BTC from regular wallet to Lightning wallet. In the same blockchain transaction, the remaining 0.95 BTC in the regular Bitcoin wallet are automatically moved to a new address in the same regular Bitcoin wallet and this transaction has a mining fee of 1000 satoshi. This takes approximately 30 minutes to get 3 confirmations. The 0.95 BTC (okay, 0.94999 after the mining fee) in the regular Bitcoin wallet are still recoverable by the same secret 12 words even though they are in a new address in the regular Bitcoin wallet. Balance after the 30 minute wait is 0.94999 BTC in regular Bitcoin wallet and 0.0588999825 BTC in Lightning wallet.Pay car loan almost instantly in the amount of 0.03 BTC on Lightning Network and also pay Node A 30 satoshi and Node B 30 satoshi in fees. Current balance 0.94999 BTC in regular Bitcoin wallet and 0.0288993825 BTC in Lightning wallet.Payroll sends me a notice requesting the Lightning Network address my payroll should be deposited in. A few seconds after signing into the payroll system and giving the address, my 0.1 BTC paycheck shows up in my Lightning wallet. Current balance 0.94999 BTC in regular Bitcoin wallet and 0.1288993825 BTC in Lightning wallet.Pay house payment almost instantly of 0.05 BTC on Lightning Network and also pay Node A 50 satoshi and Node B 25 satoshi in fees. Current balance 0.94999 BTC in regular Bitcoin wallet and 0.0788986325 BTC in Lightning wallet.Pay electricity bill almost instantly of 0.01 BTC on Lightning Network and also pay Node A 10 satoshi and Node B 5 satoshi and Node C 5 satoshi in fees. Current balance 0.94999 BTC in regular Bitcoin wallet and 0.0688984325 BTC in Lightning wallet.I look at the spending money I need for the next couple of weeks and decide I don’t need this much in my Lightning wallet so I move 0.055 BTC into a new Lightning address. I then close this new Lightning address with 0.055 BTC and send the funds to my regular Bitcoin wallet for a fee of 500 satoshi. Current balance 1.004985 BTC in regular Bitcoin wallet and 0.0138984325 BTC in Lightning wallet. This takes about 30 minutes to get the 3 confirmations that show the transaction is virtually impossible to reverse.So the cost of the 2 transactions from the regular Bitcoin wallet totaled 1500 satoshi. I like to think that these satoshi were well spent as they are paying for the security of the Bitcoin network. While the 5 Lightning Network payment transactions cost a total of 156.75 satoshi.It is important to note that the Lightning Network does not replace the traditional payments from a regular Bitcoin wallet to another regular Bitcoin wallet if that’s how you want to send your BTC. The Lightning Network runs on top of the Bitcoin network and does not interfere with the traditional Bitcoin transactions. via /r/Bitcoin http://bit.ly/2r9qVxC

Do not touch it ! say Bank of France.

https://www.youtube.com/watch?v=Dqaw9-NTd3cOverwhelmed by this Bitcoin revolution, they spread the fear, but this speech will not hold forever, at a time, everyone will know that these words are wind. via /r/Bitcoin http://bit.ly/2HASCdc

Truth about Bitcoin mining

http://bit.ly/2HE4aMD via /r/Bitcoin http://bit.ly/2r8DEQp

Can you buy partial bitcoins and store them in a paper wallet?

If I have $2000 to spend on BTC, can I still store "partial bitcoin" in my own paper wallet?

I've done some searching and can't seem to verify if this is true or not. Not sure if you need to own a full coin before it goes into your wallet. Any help is appreciated.

Submitted April 29, 2018 at 11:05AM by scyzoryki http://bit.ly/2HDKfgP

China’s Crackdown On Cryptocurrencies Continues

http://bit.ly/2HzwfEU

Submitted April 29, 2018 at 08:43PM by Horikons http://bit.ly/2r8L5Hp

The government of the Philippines has announced that it will now allow ten cryptocurrency companies to operate in a Special Economic Zone in Cagayan.

http://bit.ly/2HEK6pB via /r/Bitcoin http://bit.ly/2jfHh3B

SEC Chairman States Bitcoin Not A Security Under Federal Law

http://bit.ly/2vYAKUd

Submitted April 29, 2018 at 12:31AM by haumeris28 http://bit.ly/2HWw1ab

A Bitcoin ATM Inside the Most Ghetto Gas Station in Cleveland.

http://bit.ly/2vVtIj0

Submitted April 29, 2018 at 06:04AM by andrew_craft http://bit.ly/2r7HD0q

Bitcoin is "On the Edge of Mass Cryptocurrency Adoption"

http://bit.ly/2Kmp4gU via /r/Bitcoin http://bit.ly/2Fqupjy

Winklevoss Crypto Exchange Partners With Nasdaq In Industry First

http://bit.ly/2KoSevV via /r/Bitcoin http://bit.ly/2FoGoOQ

I wonder how they paid for that car...

http://bit.ly/2jeo2aA

Submitted April 29, 2018 at 08:27AM by mearlpie http://bit.ly/2HBsbzL

Video: A Deep Dive into Lit: A Lightning Network Implementation (SF Bitcoin developers)

https://www.youtube.com/watch?v=6ZU_qbA1gyE via /r/Bitcoin http://bit.ly/2jgeFXN

Welcome to r/BTC. Where we post a screenshot showing BCC, which we call 'bitcoin' then use (BCH) to clarify that we are not talking about BTC, which we will rename to Bcore.

http://bit.ly/2HyWTOm via /r/Bitcoin http://bit.ly/2r8VmTR

Can you buy partial bitcoins and store them in a paper wallet?

If I have $2000 to spend on BTC, can I still store "partial bitcoin" in my own paper wallet?I've done some searching and can't seem to verify if this is true or not. Not sure if you need to own a full coin before it goes into your wallet. Any help is appreciated. via /r/Bitcoin http://bit.ly/2HDKfgP

Classic

http://bit.ly/2HBl26P via /r/Bitcoin http://bit.ly/2r7iu5e

Daily Discussion, April 29, 2018

No Power Costs - What Miner and what coin is most efficient?

Hey All, I am able to mine at zero elec. costs. What Miner (Bitmain, etc) and what coin is most likely to give me the most return? Thanks folks in advance.

Submitted April 29, 2018 at 05:38PM by HighhatNBG http://bit.ly/2jeE7wU

ssot-health

http://bit.ly/2jd7RKK

Submitted April 29, 2018 at 06:44PM by Temqour http://bit.ly/2HGvFRX

Warren Buffet vs. Bitcoin, 5 years chart, logarithmic scale

http://bit.ly/2vYVRpk

Submitted April 29, 2018 at 01:52AM by edlund10 http://bit.ly/2r7vmch

Automated Cryptocurrency Trading Software

http://bit.ly/2Jx54aj

Submitted April 29, 2018 at 04:54PM by ezfuat http://bit.ly/2r6QHTd

You may define what Bitcoin is to yourself. You may not define what Bitcoin is to others without their consent. http://bit.ly/2jfXmq8

http://bit.ly/2HEtDS8

Submitted April 28, 2018 at 08:03PM by bitchari http://bit.ly/2jfXmGE

Why Bitcoin should be priced in "Bits"

All forms of money need to be easily broken down into identical sub units.

To the average person who stumbled across Bitcoin in 2017, the idea of a "Bitcoin" didn't make sense. How can I use a currency so expensive that I can't even own "one"? Why should I buy .01 of a $10,000 Bitcoin?

Most of us understand that Bitcoin can actually be divided into 100,000,000 Satoshi's, making Bitcoin one of the most divisible currencies in the world, while retaining its perfect scarcity. However, most people are just now learning that YOU CAN BUY A FRACTION OF A BITCOIN.

But even when they understand that, many people still perceive the price of a single "Bitcoin" to be super expensive, as if they missed their chance to buy Bitcoin on the "ground level".

When the masses started coming during late 2017, the price of any coin under $1 exploded to the moon, all because people thought they missed out on Bitcoin and wanted the "next big thing" - expecting these coins to potentially reach $10,000 as well.

Bitcoin -> Bits

Breaking Bitcoin down into Bits is ultimately something we will need to do if we want the world to utilize Bitcoin as a usable (linguistically) currency. It makes more sense to buy a beer for 500 bits ($5), rather than .00005 Bitcoin.

Similar to a stock split, this will give people the confidence to go buy 100 bits, and it will make them feel richer. Nobody likes to say, "I own a small fraction of a Bitcoin." They like to say I own 500 [insert coin here], or 100 Bits.

A move from Bitcoin to Bits will spark another retail investor rally, and make Bitcoin a more "speakable" currency.

My Plan to Break Bitcoin into "Bits"

I run a web app: MoonRekt.com - a top 100 list/portfolio tracker. Now before you downvote me for shilling my own project (I'm just a college student contributing to the community), let me tell you it's 100% free, and I'm using it as a platform to spark the break Bitcoin into "Bits" movement. From now on, Moon Rekt will only quote Bitcoin in "Bits", and I encourage anyone running other Bitcoin apps/wallets/exchanges to do the same.

Current Bitcoin Price: $0.0093 - slightly less than one cent.

We should all start using Platforms that use Bits and also begin speaking in terms of "Bits". We need crypto Twitter to get in on this. We need other websites and apps to get on this. We need exchanges to get on this. And we need CNBC to get on this.

The Bitcoin community is what controls Bitcoin, and if we all decide to start pricing Bitcoin in Bits, then the world will listen. Let's put an end to other worthless coins.

Let's start a rally in Bitcoin that will change the way the world views money.

Who's with me?

Vires in Numeris -- "Strength in Numbers"

Submitted April 29, 2018 at 05:27AM by JoeB34 http://bit.ly/2HXcmHf

Antminer L3+ Blissz firmware - overclock

http://bit.ly/2vQSUae

Submitted April 29, 2018 at 02:26PM by PsychoticDisorder http://bit.ly/2r7m681

iShook Token Sale- ebooks with social media all in one

http://bit.ly/2vY1ggo

Submitted April 29, 2018 at 02:34PM by BezalielThomas http://bit.ly/2HVgPKF

Social Wallet (WIRE) - ICO rating and details

http://bit.ly/2vUEsOx

Submitted April 29, 2018 at 02:44PM by mateoardian http://bit.ly/2r7GgPx

Regulators and crypto

http://bit.ly/2Kl6mGN

Submitted April 29, 2018 at 04:35AM by SolangeRex http://bit.ly/2FqdgXo

Swapy Network

http://bit.ly/2HWczui

Submitted April 29, 2018 at 01:22PM by JarrellHalvorson http://bit.ly/2w4NZTt

The 4thpillar

http://bit.ly/2I0VOOs

Submitted April 29, 2018 at 01:30PM by Rindall http://bit.ly/2vToCDZ

DIGITIZE PLATFORM: WHERE LOOSE CHANGE IS TOKENIZED..

http://bit.ly/2HWcruO

Submitted April 29, 2018 at 01:52PM by OlindaRosina http://bit.ly/2vUxtFf

DIGITIZE COIN: WHERE LOOSE CHANGE IS TOKENIZED INTO DIGITIZE CURRENCY

http://bit.ly/2r7MG0O

Submitted April 29, 2018 at 02:00PM by ThomasMuler http://bit.ly/2vSCi24

Saturday, 28 April 2018

Why Bitcoin should be priced in "Bits"

All forms of money need to be easily broken down into identical sub units.To the average person who stumbled across Bitcoin in 2017, the idea of a "Bitcoin" didn't make sense. How can I use a currency so expensive that I can't even own "one"? Why should I buy .01 of a $10,000 Bitcoin?Most of us understand that Bitcoin can actually be divided into 100,000,000 Satoshi's, making Bitcoin one of the most divisible currencies in the world, while retaining its perfect scarcity. However, most people are just now learning that YOU CAN BUY A FRACTION OF A BITCOIN.But even when they understand that, many people still perceive the price of a single "Bitcoin" to be super expensive, as if they missed their chance to buy Bitcoin on the "ground level".When the masses started coming during late 2017, the price of any coin under $1 exploded to the moon, all because people thought they missed out on Bitcoin and wanted the "next big thing" - expecting these coins to potentially reach $10,000 as well.Bitcoin -> BitsBreaking Bitcoin down into Bits is ultimately something we will need to do if we want the world to utilize Bitcoin as a usable (linguistically) currency. It makes more sense to buy a beer for 500 bits ($5), rather than .00005 Bitcoin.Similar to a stock split, this will give people the confidence to go buy 100 bits, and it will make them feel richer. Nobody likes to say, "I own a small fraction of a Bitcoin." They like to say I own 500 [insert coin here], or 100 Bits.A move from Bitcoin to Bits will spark another retail investor rally, and make Bitcoin a more "speakable" currency.My Plan to Break Bitcoin into "Bits"I run a web app: MoonRekt.com - a top 100 list/portfolio tracker. Now before you downvote me for shilling my own project (I'm just a college student contributing to the community), let me tell you it's 100% free, and I'm using it as a platform to spark the break Bitcoin into "Bits" movement. From now on, Moon Rekt will only quote Bitcoin in "Bits", and I encourage anyone running other Bitcoin apps/wallets/exchanges to do the same.Current Bitcoin Price: $0.0093 - slightly less than one cent.We should all start using Platforms that use Bits and also begin speaking in terms of "Bits". We need crypto Twitter to get in on this. We need other websites and apps to get on this. We need exchanges to get on this. And we need CNBC to get on this.The Bitcoin community is what controls Bitcoin, and if we all decide to start pricing Bitcoin in Bits, then the world will listen. Let's put an end to other worthless coins.Let's start a rally in Bitcoin that will change the way the world views money.Who's with me?Vires in Numeris -- "Strength in Numbers" via /r/Bitcoin http://bit.ly/2HXcmHf

Let's go over good vs. bad hardware wallet design.

EDIT I want to be clear you cannot screen cap the trezor pin.

This is an example of an awful hardware wallet design. To understand why let's refer to the OG the Trezor.

Reliability. The Trezor doesn't have a battery. That means when it's in your pocket there is no chance of someone coming by and wirelessly stealing your private keys. I expect my hardware wallet to be stolen/lost. That being said I do expect that my device be able to work as long as I take care of it. Having a battery kind of limits the shelf life to 5 years or so.
Keep it simple stupid. The Trezor only has a USB connection. That's okay. I'd rather see a camera personally. My understanding is the chip with the private keys is not connected to the USB output so that's good.
I still have limited trust in hardware wallets. AFAIK the Trezor doesn't have an exploit that allows the private keys to leave the device without modifying the hardware. This is an acceptable limitation.
The Trezor is open source.
The Trezor has a screen. This is absolutely vital to prevent man in the middle attacks. It's moronic to have a hardware wallet without a screen.
When you access your Trezor it presents you with a randomly ordered keypad you enter your pin through your computer with a mouse. This way there is no way to keylog or screen cap your pin.

So lets talk about the hoofoo.

It doesn't have a screen. This is an immediate disqualification. There is a very real possibility that the address would be swapped in memory and you wouldn't know.
It has wireless communication over bluetooth. Bluetooth is not a good standard for hardware wallets to use. For one you're broadcasting the encrypted data wirelessly. Not all encryption is created equal. AFAIK all the wifi standards are crackable with sufficient data collection in less than a month. look up blueborne
As a general rule I'll never buy a product that claims to be "hacker proof" unless it's got a REALLY good design. This isn't it.
2FA? On a local device that makes no sense. Maybe they are talking about a 2FA through the blockchain with multisig but that costs money. Is he really saying 2FA is your fingerprint/facial recognition (both trivially compromised (seriously just use a picture of the owner) and spoofing a bluetooth device. This sounds so simple and easy I halfway want to buy one just to crack it the first day. This doesn't even qualify as 2FA in my opinion because both of the factors are controlled by a single device. The entire point of 2FA in my opinon is to have a completely separate device be responsible for authorizing you. Otherwise there is no point the device is a single point of failure.
OMFG It allows you to access signing your private keys with finger print and face recognition... thats MORONIC!! Fingerprint scanners are in no way secure and face recognition ... did you see the apple keynote or youtube? This is probably the worst hardware wallet ever created.
These idiots actually believe that you can't fake a bluetooth mac address? (again this guy is blatantly lying when he says that hardware wallets like the trezor have been hacked w/o a hardware modification)
What the fuck is a motherbox? Having 2 devices that can recover your private key ... Does he mean seed? Does he not know the difference between a seed and a private key? Nothing in the video indicates he's using the BIP39 standard. What happens when your house burns down and you lose both your hardware wallet and the motherbox? What are the design specifications on this motherbox? Sorry but if it's capable of recovering private keys and seeds then the security details surrounding it need to be gone over.

Hoofoo is a scam. The claims made are provably false. Do not support this company.

Security features I'd like to see in a future version of a hardware wallet are as follows.

I really like the features of the trezor, they got a lot of things right as I mentioned above. Limited communication access on old wired technology. A screen. The way you input the pin so it cannot be screen recorded or keylogged (they should disable keyboard input on internet connected devices but that comes down to user error I guess)

I'd prefer the USB to be charge only without communication. Instead I'd rather use QR codes to exchange the unsigned and signed transactions back and forth. I could see the device allowing you to scan a QR code, and you verifying it looks good. Then putting in your pin to sign.
I'd like the option to hold a small battery powered qi charger to the back of the device to provide it power.
I'd like the device to ship with the components visible in a clear plastic coating. I would like to be the one who encloses the device and that case once put on cannot be removed without destroying the hardware wallet.

Submitted April 28, 2018 at 08:08PM by lizard450 http://bit.ly/2Hy9a5u

Value is always in the eyes of the beholder

http://bit.ly/2FpdC0s

Submitted April 29, 2018 at 03:53AM by bitchari http://bit.ly/2KmvlJv

Regulators and crypto

http://bit.ly/2Kl6mGN via /r/Bitcoin http://bit.ly/2FqdgXo

Remember! with Banks, "only deposit what you can afford to lose!"

http://bit.ly/2FpdE8A via /r/Bitcoin http://bit.ly/2KmvnB7

Value is always in the eyes of the beholder

http://bit.ly/2FpdC0s via /r/Bitcoin http://bit.ly/2KmvlJv

Major GPU Suppliers Show Increased Profits from Bitcoin Mining

http://bit.ly/2FpCrti

Submitted April 29, 2018 at 04:16AM by dragonstail1111 http://bit.ly/2KntOTG

mBit: Bitcoin Casino | The Internet's Largest Crypto Casino

http://bit.ly/2mXIwGI

Submitted April 29, 2018 at 03:53AM by FortuneJackBeBold http://bit.ly/2r7OhDj

BTC Is Better Than Gold “On Every Front”, Says Hedge Fund Manager

http://bit.ly/2r75tcV

Submitted April 28, 2018 at 04:44PM by sarjad http://bit.ly/2w3XMJt

Bank of America running scared and stupid over crypto.

http://bit.ly/2Jwzole

Submitted April 28, 2018 at 08:28PM by ebliever http://bit.ly/2jgRoVQ

UK Bank crippled, as customers panic, accounts emptied.

https://bbc.in/2HzWr22

Submitted April 28, 2018 at 03:15PM by LegendsRoom http://bit.ly/2r6ctWx

Did you know that LN channels don't have to be closed when all funds are spent? You can re-balance those via LN and keep your LN hot wallet open (almost) forever.

https://twitter.com/irekz/status/990224638230790144

Submitted April 28, 2018 at 09:43PM by hotol http://bit.ly/2r5uPaf

‘Bitcoin’ was the 9th most read article on Wikipedia in 2017. Lets make it number 1 this year. Spread the word!

http://bit.ly/2HB5YWQ

Submitted April 28, 2018 at 10:12PM by coinmoon_com http://bit.ly/2r6Go0G

iShook-Die Plattform für Qualitätsinhalte

http://bit.ly/2HyTSxx

Submitted April 28, 2018 at 08:47AM by ethan5326 http://bit.ly/2r7J3Yd

Swapy Network: FAQ

http://bit.ly/2r7yUvf

Submitted April 28, 2018 at 08:56AM by OlindaRosina http://bit.ly/2JzhSNm

Lightning Wallet renamed.

http://bit.ly/2KongnJ

Submitted April 28, 2018 at 03:03AM by ReilySiegel http://bit.ly/2FpEptu

Let's go over good vs. bad hardware wallet design.

EDIT I want to be clear you cannot screen cap the trezor pin.This is an example of an awful hardware wallet design. To understand why let's refer to the OG the Trezor.Reliability. The Trezor doesn't have a battery. That means when it's in your pocket there is no chance of someone coming by and wirelessly stealing your private keys. I expect my hardware wallet to be stolen/lost. That being said I do expect that my device be able to work as long as I take care of it. Having a battery kind of limits the shelf life to 5 years or so.Keep it simple stupid. The Trezor only has a USB connection. That's okay. I'd rather see a camera personally. My understanding is the chip with the private keys is not connected to the USB output so that's good.I still have limited trust in hardware wallets. AFAIK the Trezor doesn't have an exploit that allows the private keys to leave the device without modifying the hardware. This is an acceptable limitation.The Trezor is open source.The Trezor has a screen. This is absolutely vital to prevent man in the middle attacks. It's moronic to have a hardware wallet without a screen.When you access your Trezor it presents you with a randomly ordered keypad you enter your pin through your computer with a mouse. This way there is no way to keylog or screen cap your pin.So lets talk about the hoofoo.It doesn't have a screen. This is an immediate disqualification. There is a very real possibility that the address would be swapped in memory and you wouldn't know.It has wireless communication over bluetooth. Bluetooth is not a good standard for hardware wallets to use. For one you're broadcasting the encrypted data wirelessly. Not all encryption is created equal. AFAIK all the wifi standards are crackable with sufficient data collection in less than a month. look up blueborneAs a general rule I'll never buy a product that claims to be "hacker proof" unless it's got a REALLY good design. This isn't it.2FA? On a local device that makes no sense. Maybe they are talking about a 2FA through the blockchain with multisig but that costs money. Is he really saying 2FA is your fingerprint/facial recognition (both trivially compromised (seriously just use a picture of the owner) and spoofing a bluetooth device. This sounds so simple and easy I halfway want to buy one just to crack it the first day. This doesn't even qualify as 2FA in my opinion because both of the factors are controlled by a single device. The entire point of 2FA in my opinon is to have a completely separate device be responsible for authorizing you. Otherwise there is no point the device is a single point of failure.OMFG It allows you to access signing your private keys with finger print and face recognition... thats MORONIC!! Fingerprint scanners are in no way secure and face recognition ... did you see the apple keynote or youtube? This is probably the worst hardware wallet ever created.These idiots actually believe that you can't fake a bluetooth mac address? (again this guy is blatantly lying when he says that hardware wallets like the trezor have been hacked w/o a hardware modification)What the fuck is a motherbox? Having 2 devices that can recover your private key ... Does he mean seed? Does he not know the difference between a seed and a private key? Nothing in the video indicates he's using the BIP39 standard. What happens when your house burns down and you lose both your hardware wallet and the motherbox? What are the design specifications on this motherbox? Sorry but if it's capable of recovering private keys and seeds then the security details surrounding it need to be gone over.Hoofoo is a scam. The claims made are provably false. Do not support this company.Security features I'd like to see in a future version of a hardware wallet are as follows.I really like the features of the trezor, they got a lot of things right as I mentioned above. Limited communication access on old wired technology. A screen. The way you input the pin so it cannot be screen recorded or keylogged (they should disable keyboard input on internet connected devices but that comes down to user error I guess)I'd prefer the USB to be charge only without communication. Instead I'd rather use QR codes to exchange the unsigned and signed transactions back and forth. I could see the device allowing you to scan a QR code, and you verifying it looks good. Then putting in your pin to sign.I'd like the option to hold a small battery powered qi charger to the back of the device to provide it power.I'd like the device to ship with the components visible in a clear plastic coating. I would like to be the one who encloses the device and that case once put on cannot be removed without destroying the hardware wallet. via /r/Bitcoin http://bit.ly/2Hy9a5u

Bank of America running scared and stupid over crypto.

http://bit.ly/2Jwzole via /r/Bitcoin http://bit.ly/2jgRoVQ

SSOT Health Foundation (@ssothealth)

https://twitter.com/ssothealth?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

Submitted April 28, 2018 at 10:35AM by CharlesAlbertoni http://bit.ly/2JzheiN