Sunday 31 May 2020

Stop Saying “If I Had Only Known About Bitcoin”, and Take Action Now

https://bit.ly/3dowu1A

Submitted June 01, 2020 at 03:54AM by sylsau https://bit.ly/2zQNOO7

Global pandemic, huge unemployed, earnings down, every US city rioting -> STONKS STILL UP. This is why we need Bitcoin.


The system is completely rigged. When are people going to wake up and realize that their fiat is worthless? Bitcoin was built for moments like this, spread the word. via /r/Bitcoin https://bit.ly/2XRPgaO

Whenever there's a dip...


https://bit.ly/2zRFXQa via /r/Bitcoin https://bit.ly/2ZSLvok

First red dot is a fact, how will this turn out?

https://bit.ly/36LfFeE

Submitted June 01, 2020 at 07:08AM by MrCrownnnnn https://bit.ly/2Xii0us

Amid all the chaos/tyranny. Seen in Long Beach


https://bit.ly/36Msfu2 via /r/Bitcoin https://bit.ly/36QlQOl

The best protest is to defund the system -> buy Bitcoin.


No text found via /r/Bitcoin https://bit.ly/2XngIOW

like night and day


https://bit.ly/2yUS8vk via /r/Bitcoin https://bit.ly/2AnXSOD

With Bitcoin, I feel like I am saving, rather than investing

From a friend of mine:

I started buying bitcoin first as an investment, but gradually, as I became more and more comfortable in the environment, and shifted more and more of my savings into bitcoin, I realized something fundamental had changed:

As a millennial, this is the first time in my life that I could have “savings,” rather than investments.

Most of my friends and family are in debt, either from college, from “buying” a house, or both. Those who are not in debt, are forced by near zero interests rates to invest in stocks or bonds, or real estate. Many friends and their families lost it all in 08. And the future is more uncertain than ever, as our pension funds are invested in the same risky schemes.

Meanwhile, after hodling through the last bear cycle that took BTC to 3k, you come out of it realizing that in the long run, BTC will most likely always appreciate. Why would you, then, ever take your savings out of it? Of course, BTC is still a risky proposition, but it is the only one that allows you to save.

I guess the distinction I am making about BTC being saving or investment is a bit of a stretch; I mean, BTC is still a gamble by all means, but it feels like less of a gamble, or a more worthwhile gamble, than anything else. And it is the only one, that due to its ability to appreciate over time with a higher degree of certainty (the hard coded diminishing supply), to give me a feeling that I am “saving,” rather than “investing.”



Submitted June 01, 2020 at 12:28AM by 100_Jose_Maria_001 https://bit.ly/3eHKAeJ

Where are the hodlers?!


https://bit.ly/2zFLSYR via /r/Bitcoin https://bit.ly/3ciThKQ

Is Bitcoin too good to be true?

I can't help but feel that Bitcoin is just too good to be true. There are some risks involved in buying it (KYC, hacks, loosing keys) but overall, it is quite a safe investment once you know what you're doing.

If you think that Bitcoin will overcome it's current all time high within a year or so, then don't you also think that it is too good to be true? That if you buy it now, your investment will double so fast?
No wonder people think this is a scam considering the massive expectations.



Submitted May 31, 2020 at 04:27PM by Boriz0 https://bit.ly/2AssGxn

First red dot is a fact, how will this turn out?


https://bit.ly/36LfFeE via /r/Bitcoin https://bit.ly/2Xii0us

It's only a matter of time until a major game uses Bitcoin micropayments via the Lightning Network for in-game purposes. Bitcoin Bounty Hunt is leading the way. Shoot some players, stack some sats! The game developer will talk about how it's done. ⚡

https://youtu.be/NPTvCVjUxPo

Submitted May 31, 2020 at 07:10PM by manfromnantucket1984 https://bit.ly/2yOMzhQ

I've created a simple file sharing service where you can buy or sell files using lighting network - https://bit.ly/2Xja8Jh

The service is quite simplistic, no registration, just keys that are associated with your funds. Withdraw whenever you want. Sell your files as low as 50 sats.

There are also some keyboard shortcut keys for convenience (check info icons at the bottom)

It's possible to POST your upload through cli with eg:. curl (yet, as not abused. Or captchas are comming lol). Most of server responses are simple - one sentence - json format so it's easy to parse and do something with it. (except withdrawals)

Keys for funds are not stored on the server, just their hashes, so please don't ask for help if you lose it. It's not recoverable.

I'm just a hobbyist after all, not the smartest guy in the crypto world (or in general) so please take your earnings as soon as possible to avoid loss in case of hacks or bugs I don't know yet.

At the moment max file size is 50mb but there is a possibility to increase it in the future (servers cost money after all)

Oh, and last but not least, the upload front page works without javascript, it fallbacks to a basic html page without any fanciness.

Any suggestions are welcomed. You can contact me via twitter or on reddit if you run into problems/bugs or just want to talk.

Website: poof.run



Submitted May 31, 2020 at 05:00PM by skz- https://bit.ly/2MeG4rV

Help understanding networking

I live off grid and can only access the Internet via us cellular plans. I have i surface pro x with a cellular data plan that I plan to use. I’ll be mining ASIC s9.

From help here on the subreddit I’ve leaned that I’ll need a router. Where I need help is understanding the networking. I understand how to use an ip searching program to find the s9. I don’t know how to use the router to connect the pc to the miner, and how to firewall protect.



Submitted June 01, 2020 at 07:58AM by bodeelee https://bit.ly/2ZSNGbk

YOUengine IEO on P2PB2B has started! 🔹You can buy YOUC tokens via BTC, ETH, USD, USDT, XLM

https://bit.ly/2yP62Pr

Submitted May 31, 2020 at 08:16PM by irida888 https://bit.ly/2MhfkXK

Earn Bitcoin Every Hour!

SpeedBit has achieved stellar results in the Crypto markets, even during periods of extreme volatility and market uncertainty. http://www.forexmarket.site/listing-earn-bitcoin-every-151.html



Submitted May 31, 2020 at 08:40PM by Giuelith https://bit.ly/2XJRwkp

Bitcoin was $1 dollar 9 years ago. If someone told you than it will be $9000 in 9 years time, and people will still call it a bear market, would you think those people are crazy?

No text found

Submitted May 31, 2020 at 01:54PM by indiastockmarket https://bit.ly/2XJkfWx

Not sure who got this for me, but thanks!

https://bit.ly/3gCJRNG

Submitted May 31, 2020 at 12:31AM by Kjlimo https://bit.ly/3gAzHNn

J.P. Morgan—Bitcoin’s ‘Biggest Enemy’—Suddenly Appears To Be Going All In On Crypto


https://bit.ly/3eBBSP6 via /r/Bitcoin https://bit.ly/3gKNrFB

Is Bitcoin too good to be true?


I can't help but feel that Bitcoin is just too good to be true. There are some risks involved in buying it (KYC, hacks, loosing keys) but overall, it is quite a safe investment once you know what you're doing.If you think that Bitcoin will overcome it's current all time high within a year or so, then don't you also think that it is too good to be true? That if you buy it now, your investment will double so fast?No wonder people think this is a scam considering the massive expectations. via /r/Bitcoin https://bit.ly/2AssGxn

Malta seizes $1.1 billion worth of counterfeit Libyan currency printed in Russia


https://bit.ly/2ZTTnWw via /r/Bitcoin https://bit.ly/2ZSAZNH

Bitcoin Mass Adoption Would Benefit and Harm Current Economy

https://bit.ly/2zOA46l

Submitted May 31, 2020 at 05:58PM by Wild_Cut https://bit.ly/2XjbS5e

This website claims to turn your addresseinto a QR code, but actually just outputs their own address no matter what you put in. Nice try, scammers.

https://bit.ly/3dkZXcr

Submitted May 31, 2020 at 10:35AM by NateNate60 https://bit.ly/3gxKVSV

earn free $10 dollar crypto just by register on bellow link



Submitted May 31, 2020 at 04:33PM by erickabir https://bit.ly/3ewZbJN

Daily Discussion, May 31, 2020


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!If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.Join us in the r/Bitcoin Chatroom!Please check the previous discussion thread for unanswered questions. via /r/Bitcoin https://bit.ly/3gBEqOR

Bitcoin was $1 dollar 9 years ago. If someone told you than it will be $9000 in 9 years time, and people will still call it a bear market, would you think those people are crazy?


No text found via /r/Bitcoin https://bit.ly/2XJkfWx

Saturday 30 May 2020

This website claims to turn your addresseinto a QR code, but actually just outputs their own address no matter what you put in. Nice try, scammers.


https://bit.ly/3dkZXcr via /r/Bitcoin https://bit.ly/3gxKVSV

This property for sale in my area.

https://bit.ly/3djXX4f

Submitted May 31, 2020 at 08:53AM by xxxYasonxxx https://bit.ly/3djXEX9

Thought this would belong here


https://bit.ly/2AtIPmf via /r/Bitcoin https://bit.ly/3gEu0hu

1 BTC = this for me today

https://bit.ly/3eAzKad

Submitted May 31, 2020 at 07:27AM by PlzDmMe https://bit.ly/2XgxhM7

This property for sale in my area.


https://bit.ly/3djXX4f via /r/Bitcoin https://bit.ly/3djXEX9

The MEMPOOL just cleared :D

https://bit.ly/3ervQ3o

Submitted May 31, 2020 at 05:17AM by iguano80 https://bit.ly/3gCUdgn

A lot of people don’t know how much bitcoin will help them. Salute to this bitcoiner

https://bit.ly/2ZZ5Acq

Submitted May 31, 2020 at 07:49AM by nitra007 https://bit.ly/2TRcPzh

1 BTC = this for me today


https://bit.ly/3eAzKad via /r/Bitcoin https://bit.ly/2XgxhM7

Finally added BTC as payment method to my website

I must have spend a few hours working on this (thanks Blockonomics!), and, after selling ~100 units of my product, nobody used it yet even though I'm offering a 20% discount along it but...

DAMN it feels good still =)

I feel like I'm finally doing my job helping us to go to the moon!

Here is the link if you want to take a look: https://voila-magic.com/produit/vip-pack/



Submitted May 31, 2020 at 04:26AM by Tulleb https://bit.ly/3gCZTXS

A lot of people don’t know how much bitcoin will help them. Salute to this bitcoiner


https://bit.ly/2ZZ5Acq via /r/Bitcoin https://bit.ly/2TRcPzh

Bitcoin Lightning Network being used in Vancouver Convenience store

https://twitter.com/ReneLeeSylvain/status/1266770721201516544

Submitted May 31, 2020 at 04:00AM by NimbleBodhi https://bit.ly/2XHSpKt

For my cake day I created an interactive 3D graph of the lightning network, if you look to to the right you can see my node. Link in comments.

https://bit.ly/2TQfFF2

Submitted May 30, 2020 at 06:45PM by funnybitcreator https://bit.ly/2BhaBTC

Cathie Wood challenges Goldman Sachs to a Bitcoin debate

https://youtu.be/ReFxuJ7s-pE?t=1121

Submitted May 30, 2020 at 09:44AM by dawkinsisdope https://bit.ly/2zMocBZ

Why Should You Buy Then HODL Bitcoin in 2020?

https://bit.ly/2TRpUZL

Submitted May 30, 2020 at 01:48AM by sylsau https://bit.ly/2XeTpXl

First time I've ever seen BTC as a payment option in the wild

https://bit.ly/2XiTw4m

Submitted May 30, 2020 at 05:41PM by batgranny https://bit.ly/2Mca8Ez

For my cake day I created an interactive 3D graph of the lightning network, if you look to to the right you can see my node. Link in comments.


https://bit.ly/2TQfFF2 via /r/Bitcoin https://bit.ly/2BhaBTC

After almost three hours, I finally moved my crypto off the exchange and onto a Trezor Wallet!

I'm not too tech savvy, but i think i got it figured out.

I have a very safe place and method of storing my recovery seed.

Just wanted to share my success story with you guys. It's crazy to look at the wallet the transactions came from. you think you own your crypto on an exchange, but really its just pooled together with $19,000,000 worth of other peoples coins, and the exchange owns that wallet. Pretty crazy! But now my crypto is mine, all mine!! muahaha



Submitted May 30, 2020 at 11:04AM by trevandezz https://bit.ly/3cgdiBF

First time I've ever seen BTC as a payment option in the wild


https://bit.ly/2XiTw4m via /r/Bitcoin https://bit.ly/2Mca8Ez

EZPostage.io - Buy Shipping Labels with Bitcoin quickly! USPS, DHL, CanadaPost..

https://ezpostage.io/ - THE BEST BITCOIN POSTAGE SERVICE

Hello,

EZPostage.io is a new service that sells mailing postage for Bitcoin
We currently support USPS, DHL, CanadaPost, FastWay & CouriersPlease

Our features:

Automatic Input

No account required
Support for several carriers
Lowest Prices
Live Chat & E-Mail Support
Variety of custom print formats
Support for International shipments w/ intuitive customs forms and guides

Come check us out https://ezpostage.io/

Thanks



Submitted May 30, 2020 at 05:50AM by EZPostage https://bit.ly/2XMiqZb

What does 1 trillion dollars look like?

https://www.youtube.com/watch?v=Tym9AhMNcP0

Submitted May 30, 2020 at 09:58AM by yangasam https://bit.ly/3dgf4nN

US: dry observation from a Europe guy on Corona and FED printing


So far:FED printed in 2020: 3 trillion $Taxpayers in the US: 140 millionPrinted per taxpayer: 21500$Stimulus check received per taxpayer: 1200$1200$ / 21500$ = 5.6%Is this correct ?Needs a bitcoin fix...PS same problem on its way in EU via /r/Bitcoin https://bit.ly/2TSvN93

Billionaire Chamath Palihapitiya talks bitcoin - skip to 34:48

https://www.youtube.com/watch?v=_hA3TV1bGsg

Submitted May 29, 2020 at 06:10PM by NckyDC https://bit.ly/3gsExw2

Off grid mining help

I have a 3.6 kw solar array with 11.4 kw li-ion battery bank. I have on average an addition 6kw per day that I could use to mine btc. I am planning to use a s9se at 129v with 2 psu’s connected in parallel. I’ll scale the solar later.

My problem is that I’ve never mined bitcoin and I’m truly off grid and get my internet via LTE.

My plan is to use the usb-c port on my lte surface pro X and plug that directly into the ant miner with an Ethernet adapter.

Will this work this way without a router? If not what are my options. Data line is not available. Both my phone and my laptop have unlimited data plan with hotspot. I’m open to purchasing additional pieces of equipment if needed.



Submitted May 30, 2020 at 03:59PM by bodeelee https://bit.ly/36L7OxO

Daily Discussion, May 30, 2020


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!If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.Join us in the r/Bitcoin Chatroom!Please check the previous discussion thread for unanswered questions. via /r/Bitcoin https://bit.ly/3eBtgIf

In podunk South Carolina, USA. First time seeing one in my area.

https://bit.ly/2XewATw

Submitted May 30, 2020 at 08:36AM by GrilledCheezzy https://bit.ly/2XfHhWf

Friday 29 May 2020

After almost three hours, I finally moved my crypto off the exchange and onto a Trezor Wallet!


I'm not too tech savvy, but i think i got it figured out.I have a very safe place and method of storing my recovery seed.Just wanted to share my success story with you guys. It's crazy to look at the wallet the transactions came from. you think you own your crypto on an exchange, but really its just pooled together with $19,000,000 worth of other peoples coins, and the exchange owns that wallet. Pretty crazy! But now my crypto is mine, all mine!! muahaha via /r/Bitcoin https://bit.ly/3cgdiBF

What does 1 trillion dollars look like?


https://www.youtube.com/watch?v=Tym9AhMNcP0 via /r/Bitcoin https://bit.ly/3dgf4nN

Cathie Wood challenges Goldman Sachs to a Bitcoin debate


https://youtu.be/ReFxuJ7s-pE?t=1121 via /r/Bitcoin https://bit.ly/2zMocBZ

In podunk South Carolina, USA. First time seeing one in my area.


https://bit.ly/2XewATw via /r/Bitcoin https://bit.ly/2XfHhWf

EZPostage.io - Buy Shipping Labels with Bitcoin quickly! USPS, DHL, CanadaPost..


https://bit.ly/3c9YrZu - THE BEST BITCOIN POSTAGE SERVICEHello,EZPostage.io is a new service that sells mailing postage for BitcoinWe currently support USPS, DHL, CanadaPost, FastWay & CouriersPleaseOur features:No account requiredSupport for several carriersLowest PricesLive Chat & E-Mail SupportVariety of custom print formatsSupport for International shipments w/ intuitive customs forms and guidesCome check us out https://bit.ly/3gDV3t4 via /r/Bitcoin https://bit.ly/2XMiqZb

Anxious to see what my son will say to me.

BTC supporter here since 2014.

When my son was 1 year old back in late 2016, I used up all his birthday money to buy bitcoin for him. Put it on a ledger and kept it away since. My wife told me to sell at $5000, at $10000 and $18000, but i hold it ever since, now she already know I will keep my promise to just give it to him when it is time (probably not at 18, because most youngsters are still retarded at that age)

Anyway, I am so anxious to see his reaction when I tell him he has a certain amount of btc :D and that his 'old fashioned' dad was good for something :P

I hope it will make him instantly financially stable/independent. Or maybe I will get to hear why I didn't sold at $18000 back in 2017! You should have listened to mum!



Submitted May 30, 2020 at 07:57AM by inhodel https://bit.ly/2XguCSY

Inspiration to anyone under 18

I have been buying Bitcoin since I was 15 (I am 17 now). I started from odd online jobs to YouTube with a few million views to dropshipping and also working as a lifeguard. I saved every bit and have been DCA for 2+ years now. I humbly am making my way to owning 5 BTC, not a lot to some of you guys but I see it as a great investment by the time I'm ready to retire. BTW, I use Shakepay (because I'm in Canada) under my Dad's name. Make sure you invest in a hardware wallet! The beauty of BTC is you can buy small fractions of it, so take advantage of that and HODL! Good luck to everyone especially the ones that have started young.



Submitted May 30, 2020 at 05:22AM by Buddima https://bit.ly/3eDkPfz

Anxious to see what my son will say to me.


BTC supporter here since 2014.When my son was 1 year old back in late 2016, I used up all his birthday money to buy bitcoin for him. Put it on a ledger and kept it away since. My wife told me to sell at $5000, at $10000 and $18000, but i hold it ever since, now she already know I will keep my promise to just give it to him when it is time (probably not at 18, because most youngsters are still retarded at that age)Anyway, I am so anxious to see his reaction when I tell him he has a certain amount of btc :D and that his 'old fashioned' dad was good for something :PI hope it will make him instantly financially stable/independent. Or maybe I will get to hear why I didn't sold at $18000 back in 2017! You should have listened to mum! via /r/Bitcoin https://bit.ly/2XguCSY

Wow! CME Bitcoin options set new record in trading volume

https://bit.ly/2TNS0on

Submitted May 29, 2020 at 08:02PM by DecryptMedia https://bit.ly/2zyxSjy

US Plan to Delist Chinese Stocks Could Trigger Massive Bitcoin Buying Spree

The mounting tensions between the US and China as a result of the ongoing pandemic have contributed to global instability and could ultimately provide a major boost to Bitcoin.

The United States House of Representatives is now spearheading an effort to delist Chinese stocks from the US markets, claiming that they have long been able to benefit from US listings without the companies having to abide by the same rules as domestic companies.

If the government is successful in their move to delist these companies, it could provide a major boost to Bitcoin as more Chinese citizens turn to crypto to escape the mounting economic turbulence.

Ironically, this effort is being driven by Representative Brad Sherman – an outspoken critic of Bitcoin and other digital assets.

Tensions Between US and China Mount as Government Moves to Delist Chinese Stocks

The ongoing global pandemic has largely been blamed on China by officials within the US government, who now appear to be taking actions to increase the country’s accountability.

In a recent interview with MarketWatch, Representative Sherman noted that “it’s time for China to blink first” while speaking about his newly introduced “Holding Foreign Companies Accountable Act.”

Rep. Sherman, who has long been an adversary of Bitcoin and crypto in general, explained that this newly introduced act isn’t being floated with the goal of desilting Chinese companies from the US markets, but rather to force them to adhere to the US capital-market standards.

“THE PURPOSE HERE IS NOT TO DELIST OR DE-REGISTER; IT’S TO DEMAND THAT CHINA DO WHAT EVERY OTHER COUNTRY HAS DONE AND AGREE THAT IF THEIR COMPANIES WANT TO PARTICIPATE IN U.S. CAPITAL MARKETS, THEY AGREE TO LIVE BY U.S. CAPITAL-MARKETS RULES…TIME FOR CHINA TO BLINK FIRST FOR THE BENEFIT OF INVESTORS,” HE STATED.

If this act is passed, it could create even greater tension between the two countries, potentially having grave impacts on the recently passed trade deal.

Rep. Sherman believes that the bill will be successfully passed before the end of summer.

Here’s How This Could Give Bitcoin a Boost 

Because the delisting of Chinese companies from the US markets could have dire impacts on the country’s economy, citizens residing there may continue turning to alternative investments like Bitcoin to hedge their portfolios.

This growth has been fueled by investors in China and other countries moving to add USD exposure to their portfolios.

The imminent inflation that the US dollar will soon see, however, may also lead some of these investors to convert their USDT into Bitcoin in order to avoid the impacts of the United States’ immense money printing, thus giving BTC a major boost.



Submitted May 29, 2020 at 02:33AM by kealenz https://bit.ly/2ZMLamW

Bullish Grayscale buys 1112.35 BTC a day since the halving

https://bit.ly/2yI9Rpy

Submitted May 29, 2020 at 05:42PM by MrCrownnnnn https://bit.ly/3ewq40u

Goldman Sucks

https://bit.ly/3cg8rjK

Submitted May 29, 2020 at 07:31PM by dorofsnor https://bit.ly/3etbuqr

Brace for Bitcoin Volatility as Large Number of Futures & Options Expire

https://bit.ly/2TPSMS1

Submitted May 29, 2020 at 09:56PM by Simple_Frosting https://bit.ly/2yIJXSC

Design Fiction: Real Solutions, Unreal Problems


By Josie Thaddeus-Johns via NYT Arts https://nyti.ms/3dfUZhg

Billionaire Chamath Palihapitiya talks bitcoin - skip to 34:48


https://www.youtube.com/watch?v=_hA3TV1bGsg via /r/Bitcoin https://bit.ly/3gsExw2

Milton Friedman Saw it Coming !!

https://bit.ly/2MbcOSA

Submitted May 29, 2020 at 02:26PM by CoinMan747 https://bit.ly/2zw3gPD

Goldman Sucks


https://bit.ly/3cg8rjK via /r/Bitcoin https://bit.ly/3etbuqr

OKCoin Grants BTCPay Server $100,000

https://bit.ly/2XHthTZ

Submitted May 29, 2020 at 01:40AM by OnTheDecks https://bit.ly/3gtuveh

This printing of money is going to bring one hell of an inflation soon enough. Now the EU has joined in with 826bn. Globally over 10tn has been printed to aid covid recovery. Noble as it is, the effect will bring the global economy to its knees

https://bit.ly/2M8GoZd

Submitted May 29, 2020 at 04:00PM by KaaruKaaru https://bit.ly/2ZOM16U

The in-game currency of the upcoming MMORTS Infinite Fleet from Blockstream CSO Samson Mow is a crypto-currency running on the Liquid Network


https://youtu.be/YdBx4YqyuAo via /r/Bitcoin https://bit.ly/3etCVAs

Bullish Grayscale buys 1112.35 BTC a day since the halving


https://bit.ly/2yI9Rpy via /r/Bitcoin https://bit.ly/3ewq40u

How bankers think...

https://bit.ly/3cfah4m

Submitted May 29, 2020 at 11:44AM by WhoCaresForUsernames https://bit.ly/3eoA0ca

UK Uses Feudal System Law To Seize £150 Million From Bank Accounts


https://bit.ly/3cdtTWL via /r/Bitcoin https://bit.ly/2BgOXit

This printing of money is going to bring one hell of an inflation soon enough. Now the EU has joined in with 826bn. Globally over 10tn has been printed to aid covid recovery. Noble as it is, the effect will bring the global economy to its knees


https://bit.ly/2M8GoZd via /r/Bitcoin https://bit.ly/2ZOM16U

Milton Friedman Saw it Coming !!


https://bit.ly/2MbcOSA via /r/Bitcoin https://bit.ly/2zw3gPD

Daily Discussion, May 29, 2020


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!If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.Join us in the r/Bitcoin Chatroom!Please check the previous discussion thread for unanswered questions. via /r/Bitcoin https://bit.ly/2AfMHaG

Chuckled

https://bit.ly/3dj2eFm

Submitted May 29, 2020 at 04:59AM by Spinuz94 https://bit.ly/3gzEjn5

How bankers think...


https://bit.ly/3cfah4m via /r/Bitcoin https://bit.ly/3eoA0ca

Thursday 28 May 2020

What is the Biggest Threat to Bitcoin in 2020? | Bitcoiner Dan Held Interview [May 28th 2020]

https://www.youtube.com/watch?v=JHrlvEzYTJM&feature=youtu.be&t=1380

Submitted May 29, 2020 at 05:11AM by YourBabyWhale69 https://bit.ly/3erVjcY

To the Bitcoin full node operator in Seychelles

To the Bitcoin full node operator in Seychelles, thank you for your dedication to the network!



Submitted May 28, 2020 at 09:17PM by HappyDadOfFourJesus https://bit.ly/2TOFbdP

I went and got a hardware wallet thanks to you guys! I should have done an unboxing video...


https://bit.ly/2AhJreU via /r/Bitcoin https://bit.ly/2Xbm4wh

Too late to get into mining?

Granted, its too late for bitcoin and I can't afford a major mining operation...but I live in a house where electricity is free.

Would Etherium (ETC) be better at this point to break into? I am not looking to get rich, but need something to do while confined to the house. This would most likely be used for gift cards to keep wifey's spending habits under control lol.

Starting budget is about $500.



Submitted May 29, 2020 at 07:40AM by superxdude https://bit.ly/2TMgwpW

Inside mining container for 300 ASICs on our 10 MW mining farm in Kazakhstan

https://youtu.be/YbzTwQjQevA

Submitted May 28, 2020 at 09:15PM by shaborli https://bit.ly/3et9Vsq

Goldman Sachs seems to not want to admit that some of the smartest people on the planet are devoting their lives to bitcoin. Jamie Dimon knows the end is coming. He cannot even begin to compete.


If they try to release a "FED Coin," hackers will rip it apart. Also, it takes forever to do anything in the US government. via /r/Bitcoin https://bit.ly/3cbyyZ2

They aren't dumb, just lack morals.


https://bit.ly/2TJPdMX via /r/Bitcoin https://bit.ly/3gtfSHH

Gemini First US Exchange to Integrate With Samsung’s Blockchain Wallet


https://bit.ly/2BaXtiR via /r/Bitcoin https://bit.ly/36BVEqM

Are There Only 21 Million Bitcoin? Weiss Ratings Thinks Otherwise

https://bit.ly/3gyElLG

Submitted May 28, 2020 at 08:32PM by freshbitcoins https://bit.ly/2X8TjAm

Bullish Case Bitcoin


https://bit.ly/36EiGgK via /r/Bitcoin https://bit.ly/3gxn2ec

Coinsfera, where bitcoin trading is cash and instantaneous, seems to have opened an office in Istanbul after Dubai. The office in the Grand Bazaar is one of the firsts of Istanbul. Have to check when I get there.


https://bit.ly/2ZLyoW4 via /r/Bitcoin https://bit.ly/2XCG367

Grayscale Is Buying Up All New Bitcoin Supply... And Then Some.

https://bit.ly/2TJMByX

Submitted May 28, 2020 at 09:42AM by Tbjbu2 https://bit.ly/2TINg3G

Goldman clients in six months...

https://bit.ly/36zJxdS

Submitted May 28, 2020 at 01:40PM by Tron_Passant https://bit.ly/36B2rRy

Bitcoin & Cryptocurrency Mining Industry - May 2020 Update

https://youtu.be/HHfBbS5HWmE

Submitted May 28, 2020 at 06:10PM by nugget_alex https://bit.ly/2TJq9Wn

I didn't realize what people meant when they said "When the time comes, you won't have to sell your Bitcoin", Until Now:

The one thing people don't realize Bitcoin is for. You can take out loans on it. So in 10 years when you want a house, or duplex, or triplex, or apartment, or business; you can take out low interest rate loans for them with your Bitcoin, and buy that house, or rental property, or business you want. Something you could never do before any other way. This is what Bitcoin does for you. It grants you the net-worth and financial access so you can have the ability to get loans you could never get approval for before. Something as small as 20$ a month for 1 year or more, 10 years from now, can get you a loan for that house, or business you want but could never afford, or get an approved loan for.

This is also better than selling your bitcoin for a property too. Because chances are, the Bitcoin will be a better investment value wise in the long run, so collateralizing it let's you keep your coin, and get your property, or business. Preferably a rental property, or solid proven business so it pays itself off.

>Edit: A little example of how I realized this lesson the hard way. I lost a bit over 100 million dollars worth of Bitcoins in today's value by selling off almost 1.5 times the value of my first rental property that I'll most likely never recoup. The rental property was 3.87 million at the time, and I had to sell over 5 million dollars worth in Bitcoins at an average of 500$ a coin price in 2015 to acquire it. That was a little over 11 thousand Bitcoins I had to sell for the property. I had to sell off that much because I had to pay off the capital gains tax for selling the Bitcoins in the first place, and still have enough left over to pay for the rental property after capital gains taxes were paid. Since then, I learned my lesson seeing what my coins would've been worth today, and am never making that same mistake again. On my second rental property, I used some of my remaining Bitcoins as collateral to take out a low interest rate loan for it, and sold a smaller amount of Bitcoins so I could make a down-payment on the property. I've already recouped the small amount I sold off in Bitcoins for my down-payment on the second property too with the rental income from both properties.

>The rental income on the second property is 4 times the cost of the mortgage payment every month, so I keep 75% of the rent as profit, and the other 25% that pays off the mortgage. That 25% that pays off the mortgage is a write off too, a perpetual write off at that. It's a write off I get to use on every years taxes that I have to pay on the first property's, and second property's rental income since they're owned under the same entity. And best of all, I still own all my Bitcoins used for the second property, and more now. Unlike the huge loss in Bitcoins I have for the first property's flat out purchase that I'll probably regret for the rest of my life. Learn from me.

Edit 2: A great resource explaining this thanks too u/statoshi's comment: "Check out Chamath Palihapitiya's spin on this from 2014": https://www.youtube.com/watch?feature=player_detailpage&v=NV5ubkGQUes#t=81



Submitted May 28, 2020 at 06:10AM by DmMeYourBitcoin https://bit.ly/3euk8oO

Why Goldman says something, do the opposite.


https://bit.ly/3gFbTrQ via /r/Bitcoin https://bit.ly/2B7l045

Over $14,000 still being processed from Coinberry


Just making this public post to let everyone know about my problems with Coinberry. I'm going to copy and paste my email to them, you will get the point of whats going on. I've been given the run around from this CLOWN support team for the last week about my withdrawl. You can't get a straight answer out of any of support rep. I'm at the point where I'm ready to file a fraud over $5000 charge for the over $14,000 in bitcoin you still haven't processed." If my withdrawl isn't processed today, I will be moving forward with filing a fraud over $5000 report with Toronto Police 52 division. You guys are giving everyone the run around on their withdrawls from $20 all the way up to $10,000. Clearly if $20 withdrawls aren't being processed, something is up, and better off we get it reported before it's too late for something to be done. I hope that I will wake upto my withdrawl processed, and not another canned response that you clowns are feeding all your honest customers, I don't want any more excuses, my identity is verified, my hold periods have passed and your REFUSE to process my withdrawls. Cheers, lets hope you guys come to your senses before it's too late."It's been a week. This isn't fair to do to people. via /r/Bitcoin https://bit.ly/3c6qo4t

Bitcoin CoinSwap Implementation EXPLAINED | This Will Massively Improve Bitcoin Privacy and Fungibility

https://www.youtube.com/watch?v=LOq6TpMhAWk&feature=youtu.be&t=3

Submitted May 28, 2020 at 04:55AM by YourBabyWhale69 https://bit.ly/2TLvYTh

Analyst Who Called Bitcoin Drop to $3,000s Expects Another Brutal Bear Market

https://bit.ly/3dbeMym

Submitted May 28, 2020 at 03:31PM by TahirMiri https://bit.ly/2ZLmFqb

Goldman clients in six months...


https://bit.ly/36zJxdS via /r/Bitcoin https://bit.ly/36B2rRy

Daily Discussion, May 28, 2020


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!If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.Join us in the r/Bitcoin Chatroom!Please check the previous discussion thread for unanswered questions. via /r/Bitcoin https://bit.ly/3cbm3No

Wednesday 27 May 2020

The first 1,000 people to upvote this post gets a free ride in my Bitcoin time machine.


No text found via /r/Bitcoin https://bit.ly/2ZNtRlN

Grayscale Is Buying Up All New Bitcoin Supply... And Then Some.


https://bit.ly/2TJMByX via /r/Bitcoin https://bit.ly/2TINg3G

I didn't realize what people meant when they said "When the time comes, you won't have to sell your Bitcoin", Until Now:


The one thing people don't realize Bitcoin is for. You can take out loans on it. So in 10 years when you want a house, or duplex, or triplex, or apartment, or business; you can take out low interest rate loans for them with your Bitcoin, and buy that house, or rental property, or business you want. Something you could never do before any other way. This is what Bitcoin does for you. It grants you the net-worth and financial access so you can have the ability to get loans you could never get approval for before. Something as small as 20$ a month for 1 year or more, 10 years from now, can get you a loan for that house, or business you want but could never afford, or get an approved loan for.This is also better than selling your bitcoin for a property too. Because chances are, the Bitcoin will be a better investment value wise in the long run, so collateralizing it let's you keep your coin, and get your property, or business. Preferably a rental property, or solid proven business so it pays itself off.>Edit: A little example of how I realized this lesson the hard way. I lost a bit over 100 million dollars worth of Bitcoins in today's value by selling off almost 1.5 times the value of my first rental property that I'll most likely never recoup. The rental property was 3.87 million at the time, and I had to sell over 5 million dollars worth in Bitcoins at an average of 500$ a coin price in 2015 to acquire it. That was a little over 11 thousand Bitcoins I had to sell for the property. I had to sell off that much because I had to pay off the capital gains tax for selling the Bitcoins in the first place, and still have enough left over to pay for the rental property after capital gains taxes were paid. Since then, I learned my lesson seeing what my coins would've been worth today, and am never making that same mistake again. On my second rental property, I used some of my remaining Bitcoins as collateral to take out a low interest rate loan for it, and sold a smaller amount of Bitcoins so I could make a down-payment on the property. I've already recouped the small amount I sold off in Bitcoins for my down-payment on the second property too with the rental income from both properties.>The rental income on the second property is 4 times the cost of the mortgage payment every month, so I keep 75% of the rent as profit, and the other 25% that pays off the mortgage. That 25% that pays off the mortgage is a write off too, a perpetual write off at that. It's a write off I get to use on every years taxes that I have to pay on the first property's, and second property's rental income since they're owned under the same entity. And best of all, I still own all my Bitcoins used for the second property, and more now. Unlike the huge loss in Bitcoins I have for the first property's flat out purchase that I'll probably regret for the rest of my life. Learn from me.Edit 2: A great resource explaining this thanks too u/statoshi's comment: "Check out Chamath Palihapitiya's spin on this from 2014": https://www.youtube.com/watch?feature=player_detailpage&v=NV5ubkGQUes#t=81 via /r/Bitcoin https://bit.ly/3euk8oO