Monday 31 August 2020

BIP340 (Schnorr signatures) is pretty much ready to get merged into libsecp256k1

https://twitter.com/pwuille/status/1300572711312265218?yippy=true

Submitted September 01, 2020 at 07:30AM by nullc https://bit.ly/34RdreE

At this point, the chances of Bitcoin dying are next to impossible


The worst that could happen to Bitcoin was that it would become some obscure decentralized internet network with no real value. But at this point in the game, it's too big to shrink away into infamy. Wall Street is buying, hospitals are starting to accept it, banks are accepting it, stores are accepting it, PEOPLE are accepting it. It's too far adopted at this point for the dominos of adoption to stop falling. We're on a path that leans in an overwhelming direction towards Bitcoin's continued growth and adoption in this world. It was always a Binary equation when it started, and at this point, it's only got 1 way to go. Do you think Grayscale's clients who own the over 450k Bitcoins are going to want to let them go? MicroStrategy who bought it as a treasury financial reserve asset? Any of these guys who will adopt in at the pro level of the financial world? We're at the brink of another parabolic run, and even if Bitcoin repeats history and 1000% jumps, then dumps 80%, do you think these guys would sell? Even after the drop, they'll still be over 200% on whatever they owned pre ATH. AKA, 20k.​These guys are going to see what we all saw after our first parabolic runs. They're going to see what happened, look at the history and see that it does this every halving, and realize what this truly is, and where it is headed. And these are hodlers who are already experienced in holding over 10 years, 20 years, 50 years, 100+^F'ing years. These are the same institutional buyers pumping the stock market right now despite this pandemic. Once they get a taste of Bitcoin, they won't stop doing everything they can to get more. The volatility will slow down, the growth will become more consistent, boring, and predictable even, just as the stock market is today. But the math holds true; once these guys are fully adopted, and all the adoption dominoes have fallen; Bitcoin will be over 10 million per coin. Then growth will probably be as boring and predictable as the stock market. The math will dignify it to still grow faster than the stock market does today, but boring with no massive swings in price as we see today where you can buy at a 50% discount just 1 day later. By then, most companies will probably have already converted their stocks into their own cryptocurrencies of sorts. It's the only logical next step; cuts out the stockbroker middlemen, just like Bitcoin cuts out the banks. All I know is before this next run happens, you'll want to get in, like now; before this next run even starts pricing over 20k. Because after this whole next run up and drop is said and done, you'll be lucky if we ever see a 20k Bitcoin again. The best chances will be a drop to 30k if we break just over 100k, or 70k if we break just over 300k. That's if we even get the 80% drop that history has shown this time with these old school investors now joining the game now.​Buy now, before we break 20k. Hell, keep buying whenever you can until we hit 20k again. I can guarantee you; after 8 years of buying through these markets, there is no better time to buy than right before the start of a parabolic run. Sure, you'll wish you'd have bought when it was at an all-time low price period, but then you'd have to wait potentially up for 4 years for the next parabolic run to start after a halving to experience any of the historical crazy price run action you've heard so much about. Buying 6 months after a halving like now puts you on the financial rocket ship that is Bitcoin, right before takeoff, making you able to experience the ride that has made thousands of people addicts to this decentralized network over the last 10 years. IN the next 10 years, it will be millions of addicts; in the next 30, it will be billions. And the price, well the price will be numbers we think today as impossible. Because if you think 10 million is where this bad boy is stopping, then you really don't understand what will happen when the owners of quadrillions in value, become addicted to a decentralized network that's capped out at 21 million coins, and those owners of those quadrillions in value begin to move their asset holdings into Bitcoin in order to feed their addiction to this decentralized network that many of us have grown to know. They'll being to move their assets into it like a crackhead selling their mom's TV just to score an ounce of meth after experiencing this financial ride. *Buy every chance you can, every paycheck, hop on this boat before it's too late and you miss another opportunity of insane ROI*. Don't get me wrong, even in buying in on the next cycle, you'll still be exponentially profitable if you hold for the long run. But every time we have a parabolic run, that exponential potential becomes less and less. Although exponential none the less. The 10k dollars per Bitcoin range will be looked at in 50 years like we look at the days of Bitcoin being worth less than a penny per Bitcoin today. Hell, 10 years from now will be looking at a 10k per Bitcoin price like we look at buying Bitcoin at 20$ a coin today. via /r/Bitcoin https://bit.ly/2YStRzC

A Turkish tragedy around the corner: Run on the Turkish Banks. Sell your Turkish FIAT before goes to zero. BUY BITCOIN.


https://youtu.be/QbmT47BmlSE via /r/Bitcoin https://bit.ly/3bfi3wl

I mean... It's True ¯\_(ツ)_/¯


https://bit.ly/3bm6bsE via /r/Bitcoin https://bit.ly/3lEuM0e

Probably done before, but OC nevertheless

https://bit.ly/2EKgQ4f

Submitted September 01, 2020 at 12:16AM by jeaux_seph https://bit.ly/2EHGHtC

Probably done before, but OC nevertheless


https://bit.ly/2EKgQ4f via /r/Bitcoin https://bit.ly/2EHGHtC

The Bears don’t have enough strength to send Bitcoin under $ 11K

https://bit.ly/3juGmJv

Submitted September 01, 2020 at 12:54AM by MK333666 https://bit.ly/2ELaMIX

BIP340 (Schnorr signatures) is pretty much ready to get merged into libsecp256k1


https://twitter.com/pwuille/status/1300572711312265218?yippy=true via /r/Bitcoin https://bit.ly/34RdreE

Daily Discussion, August 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.



Submitted August 31, 2020 at 03:00PM by rBitcoinMod https://bit.ly/3jx9qjw

The Better World That Bitcoin Builds for the Future Is Totally Worth the Risk of Losing Money


https://bit.ly/2QIROVQ via /r/Bitcoin https://bit.ly/32JdHKc

Just made my first air-gapped Bitcoin transaction!


https://twitter.com/franamati/status/1300433217732907010?s=20 via /r/Bitcoin https://bit.ly/31H5iYh

PSA: Bitrefill is a thing, don't forget that!

I feel like it's a good idea to both introduce new people to Bitrefill as well as remind others that it is indeed a thing.

You pay in BTC. They support Lightning. You get gift cards.

Even just using it for Amazon is amazing. Check out what you can get in your country, as it varies depending on where you live!



Submitted August 31, 2020 at 07:19PM by Fittiboy https://bit.ly/34Ko5E5

I saw this at the deli by my work, I thought it was cool

https://bit.ly/3hIXFGk

Submitted August 31, 2020 at 02:41AM by case-of-laptops https://bit.ly/3bjDVGX

Chainlink lands on Bitcoin's RSK with new integration - “developers can capitalize on a smart contract network that’s anchored to the strongest Proof of Work blockchain.”


https://bit.ly/3lt0nlA via /r/Bitcoin https://bit.ly/34UKE9j

SLP206 Luke Childs – How To Recover Bitcoins & Umbrel


https://bit.ly/3lB42Ob via /r/Bitcoin https://bit.ly/3lyQliO

Popular YT Channel (>3M subs) promoting Bitcoin. The herd is coming.

https://youtu.be/2UjSpGxUX64?t=913

Submitted August 31, 2020 at 12:40PM by simplelifestyle https://bit.ly/31Jbj6O

Turkey’s government has been confiscating foreign currency from bank client accounts, while Turkey is looming in to hyperinflation.

Turkish lira at all time low against BTC. Buy bitcoin. TRASH fiat



Submitted August 31, 2020 at 10:24AM by MgKx https://bit.ly/3bbo790

I am ready to give it all up. I can walk away from all of this shit. There is really no reason to keep going. l feel unplugged.

https://bit.ly/2YSbScF

Submitted August 31, 2020 at 08:49PM by Scam9160 https://bit.ly/32Jc9Q6

A recent piece I created to remember Hal. Genesis to 170.


https://bit.ly/2QEBfdt via /r/Bitcoin https://bit.ly/3boai7D

Rather than just hodling an investment, I’m holding to a set of beliefs. Core to these beliefs is the idea that when presented with a better alternative to overreaching government control, the people eventually will seek it out.


https://bit.ly/31GpNV6 via /r/Bitcoin https://bit.ly/3lxpzYj

Mentor Monday, August 31, 2020: Ask all your bitcoin questions!


Ask (and answer!) away! Here are the general rules:If you'd like to learn something, ask.If you'd like to share knowledge, answer.Any question about Bitcoin is fair game.And don't forget to check out /r/BitcoinBeginnersYou can sort by new to see the latest questions that may not be answered yet. via /r/Bitcoin https://bit.ly/3lytzHQ

PSA: Bitrefill is a thing, don't forget that!


I feel like it's a good idea to both introduce new people to Bitrefill as well as remind others that it is indeed a thing.You pay in BTC. They support Lightning. You get gift cards.Even just using it for Amazon is amazing. Check out what you can get in your country, as it varies depending on where you live! via /r/Bitcoin https://bit.ly/34Ko5E5

Roger Ver scamming Bitcoin newbies.

Sorry for the drama, but this is just outrageous. There are some things that should be off-limits, like deliberately lying to newbies.

Have a look at this thread where a newbie asks for help buying Bitcoin, please don't bregade, comment or vote:

https://np.reddit.com/r/btc/comments/ijksed/where_can_i_buy_bitcoin/

Archive:

https://web.archive.org/save/https://np.reddit.com/r/btc/comments/ijksed/where_can_i_buy_bitcoin/

Apart from the normal "buy this altcoin instead for x and y reasons" the head moderator himself comes in and deliberately and knowingly gives a link to a site that sells an altcoin. To make it worse, it is his own site that he directly profits from.

I have already reported it to the Reddit admins, people being this dishonest need to get ejected from cryptocurrencies IMO. They definitely should not be running subreddits.



Submitted August 31, 2020 at 10:41AM by bitmegalomaniac https://bit.ly/31FgMvk

Daily Discussion, August 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/3jx9qjw

S9 hash board that took a shit. Question is are there supposed to be heatsinks in the empty area on the one side pictured on the right. .

https://bit.ly/3hEmKlM

Submitted August 31, 2020 at 12:33PM by cryptokadog710 https://bit.ly/2EMRy5h

Bitcoin Newcomers FAQ - 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.It all started with the release of the release of Satoshi Nakamoto's whitepaper however that will probably go over the head of most readers so we recommend the following videos for a good starting point for understanding how bitcoin works and a little about its long term potential:Video 1: Introduction to Bitcoin - Andreas AntonopoulosVideo 2: The Trust MachineVideo 3: Bitcoin 101 - Balaji SrinivasanSome other great resources include Lopp.net, the Princeton crypto series and James D'Angelo's Bitcoin 101 Blackboard series.Some excellent writing on Bitcoin's value proposition and future can be found at the Satoshi Nakamoto Institute.Some Bitcoin statistics can be found here and here. Developer resources can be found here. Peer-reviewed research papers can be found here.Potential upcoming protocol improvements and scaling resources here and here.The number of times Bitcoin was declared dead by the media can be found here (LOL!)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. The halving countdown can be found here.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. You can even run a node on a Raspberry Pi.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 scaling - On chain transaction fees depend on network demand and how much priority you wish to assign to the transaction. Most wallets calculate on chain fees automatically but you can view current fees here and mempool activity here. On chain fees may rise occasionally due to network demand, however instant micropayments that do not require confirmations are happening via the Lightning Network, a second layer scaling solution currently rolling out on the Bitcoin mainnet.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 brute forced or confiscated with proper key management such as hardware wallets.Programmable - Individual units of bitcoin can be programmed to transfer based on certain criteria being metNearly instant - From a few seconds to a few minutes depending on need for confirmations. Transactions are irreversible after one or more 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 memorizing a string of words for wallet recovery (while cool this method is generally not recommended due to potential for insecure key generation by inexperienced users. Hardware wallets are the preferred method for new users due to ease of use and additional security).Scalable - While the protocol is still being optimized for increased transaction capacity, blockchains do not scale very well, so most transaction volume is expected to occur on Layer 2 networks built on top of Bitcoin.Divisible - Each bitcoin can be divided down to 8 decimals, which means you don't have to worry about buying an entire bitcoin.Designed Money - Bitcoin was created to fit all the fundamental properties of money better than gold or fiatWhere can I buy bitcoins?Bitcoin.org and BuyBitcoinWorldwide.com are helpful sites for beginners. You can buy or sell any amount of bitcoin (even just a few dollars worth) 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.Cash appGeminiSwanBitstampBitFinexXapoKrakenCexLocalBitcoinsLibertyXP2P exchange list (decentralized)Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use 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, then you will need to create your own wallet and keep it secure. If you want easy and secure storage without having to learn computer security best practices, then a hardware wallet such as the Trezor, Ledger or ColdCard is recommended. Alternatively there are many software wallet options to choose from here depending on your use case.If you prefer to let third party "Bitcoin banks" manage your coins, try Gemini 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 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 AuthAuthyOTP AuthAndroidAndroidN/AiOSiOSiOSWatch out for scamsAs mentioned above, Bitcoin is decentralized, which by definition means there is no official website or Twitter handle or spokesperson or CEO. However, all money attracts thieves. This combination unfortunately results in scammers running official sounding names or pretending to be an authority on YouTube or social media. Many scammers throughout the years have claimed to be the inventor of Bitcoin. Websites like bitcoin(dot)com and the btc subreddit are active scams. Almost all altcoins (shitcoins) are marketed heavily with big promises but are really just designed to separate you from your bitcoin. So be careful: any resource, including all linked in this document, may in the future turn evil. Don't trust, verify. Also as they say in our community "Not your keys, not your coins".Where can I spend bitcoins?Check out spendabit or bitcoin directory for millions of merchant options. Also you can spend bitcoin anywhere visa is accepted with bitcoin debit cards such as the CashApp card. Some other useful site are listed 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.Spendabit, Overstock and The Bitcoin DirectoryRetail shopping with millions of resultsShakePayGenerate one time use Visa cards in secondsNewEgg and DellFor all your electronics needsBitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, LivingRoomofSatoshi, Coinsfer, and moreBill paymentMenufy, Takeaway and Thuisbezorgd NLTakeout delivered to your doorExpedia, Cheapair, Destinia, Abitsky, SkyTours, the Travel category on Gyft and 9flatsFor when you need to get awayCryptostorm, Mullvad, and PIAVPN servicesNamecheap, PorkbunDomain name registrationStampnikDiscounted USPS Priority, Express, First-Class mail postageCoinmap 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.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;BTCPaySquare cashStripeCoinifyWyreBlockonomics (direct to your wallet)Can I mine bitcoin?Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /r/BitcoinMining would be happy to help you out.If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. If you would prefer to keep it simple there are several good options. 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.SiteDescriptionWorkingForBitcoins, Bitwage, Cryptogrind, Coinality, Bitgigs, /r/Jobs4Bitcoins, BitforTip, Rein ProjectFreelancingLolliEarn bitcoin when you shop online!OpenBazaar, Purse.io, Bitify, /r/Bitmarket, 21 MarketMarketplaces/r/GirlsGoneBitcoin NSFWAdult servicesA-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-Related 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 NetworkSecond layer scalingBlockstream, Rootstock and DrivechainSidechainsHivemind and AugurPrediction marketsTierion and FactomRecords & Titles on the blockchainBitMarkets, DropZone, Beaver and Open BazaarDecentralized marketsJoinMarket and Wasabi WalletCoinJoin implementationCoinffeine and BisqDecentralized bitcoin exchangesKeybaseIdentity & Reputation managementAbraGlobal P2P money transmitter networkBitcoreOpen source Bitcoin javascript libraryBitcoin UnitsOne Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:UnitSymbolValueInfobitcoinBTC1 bitcoinone bitcoin is equal to 100 million satoshismillibitcoinmBTC1,000 per bitcoinused as default unit in recent Electrum wallet releasesbitbit1,000,000 per bitcoincolloquial "slang" term for microbitcoin (μBTC)satoshisat100,000,000 per bitcoinsmallest unit in bitcoin, named after the inventorFor example, assuming an arbitrary exchange rate of $10000 for one Bitcoin, a $10 meal would equal:0.001 BTC1 mBTC1,000 bits100k satsFor 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.Note: 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 https://bit.ly/3gjpLqT

Sunday 30 August 2020

Turkey’s government has been confiscating foreign currency from bank client accounts, while Turkey is looming in to hyperinflation.


Turkish lira at all time low against BTC. Buy bitcoin. TRASH fiat via /r/Bitcoin https://bit.ly/3bbo790

Popular YT Channel (>3M subs) promoting Bitcoin. The herd is coming.


https://youtu.be/2UjSpGxUX64?t=913 via /r/Bitcoin https://bit.ly/31Jbj6O

Remember that the Federal Reserve loots the American people every single day through masterful mis-education and slight of hand. This kind of looting is considered A-OK. Opt-out of the madness. Buy Bitcoin, so you don’t have to loot convenient stores to get ahead.

The Fed’s looting is based in cowardice, mis-education, and deceit, but the media says “no problem here, move along now.”

The People’s looting is based in desperation, risk-taking, and even courage to risk one’s own safety and do whatever it takes to get ahead/survive, but the media condemns the People looting as barbaric and never asks why the People have to resort to stealing.

Just Buy Bitcoin, so that you can take back control of your time aka your life.



Submitted August 31, 2020 at 01:25AM by the420chronicler https://bit.ly/2G5aehe

Quick question

I have some old gpus from my old gaming pc's, (rtx 2060, rx 570), and am wanting to mine on them. I am still kind of new to crypto mining, and nicehash miner looks very straight forward, and easy to use. Should I be using something else to mine crypto, or do I stick with nicehash miner? (You don't have to go into too much detail, i'm just wanting to know if i'm going on the right path). Thanks.



Submitted August 31, 2020 at 10:38AM by BurntSmoothieee https://bit.ly/2YO8PSC

Roger Ver scamming Bitcoin newbies.


Sorry for the drama, but this is just outrageous. There are some things that should be off-limits, like deliberately lying to newbies.Have a look at this thread where a newbie asks for help buying Bitcoin, please don't bregade, comment or vote:https://bit.ly/3juABvq from the normal "buy this altcoin instead for x and y reasons" the head moderator himself comes in and deliberately and knowingly gives a link to a site that sells an altcoin. To make it worse, it is his own site that he directly profits from.I have already reported it to the Reddit admins, people being this dishonest need to get ejected from cryptocurrencies IMO. They definitely should not be running subreddits. via /r/Bitcoin https://bit.ly/31FgMvk

I'm a Believer, Are You?

https://bit.ly/3gIhpsr

Submitted August 31, 2020 at 03:55AM by siddude11 https://bit.ly/2G2Lx51

Today I tried mining with my macbook and I made... *it will SHOCK you*

i made a fucking pizza on it, man it was about to explode.



Submitted August 31, 2020 at 01:33AM by MattiaProserpio00 https://bit.ly/3gK6KgR

Mind-Expanding Thread on BitcoinTalk: Bitcoin Sidechains, Decentralised Exchanges and Trolling the SEC


https://bit.ly/2YMH4dq via /r/Bitcoin https://bit.ly/3jtbTvz

Unexpectedly spotted this while walking around in Nha Trang, Vietnam.

https://bit.ly/3hCJ7bg

Submitted August 30, 2020 at 09:58AM by SpockSays https://bit.ly/31LiWKd

Compilation of useful Business / Trading Telegram channels

Just sharing a list of Telegram channels that I personnaly use. Feel free to add-on.

Trading:

  • @GoldenTrades (Signals and strategies explanation)
  • @cryptoninjacoach (Cripto signals)
  • @Share_market_Trading_Tipss (Tips)

Business:

  • @bsindiaofficial (Latest news)
  • @HinduBusinessLine (Latest news)
  • @wallstreetjournal_news (World economy)


Submitted August 30, 2020 at 07:55PM by TangerineParadise https://bit.ly/2QDFndG

One Million Bitcoin Wallets Being Used Every Day: Wild West Crypto Show - TCR

https://bit.ly/34NICI2

Submitted August 30, 2020 at 07:15PM by Czfacts https://bit.ly/34KDF2z

Unexpectedly spotted this while walking around in Nha Trang, Vietnam.


https://bit.ly/3hCJ7bg via /r/Bitcoin https://bit.ly/31LiWKd

Make your own cold storage with $5


It's so simple and easy you just need a USB flash drive and a laptop or desktop (you can even do it on a friend's laptop)First you need to install tails OS on your USB drive here is the link on how to do itThen you need electrum on that USB drive to be installed which is preinstalled if you install the latest tails OSNow : You need to create a new wallet with help of electrum without accessing to internetWhenever you want to sign a transaction you can make an unsigned transaction with a hot device and xpub and then sign them with the offline device look at hereIt's all simple and easy you can even make the unsigned transaction with electrum app on Android devices ...Now you don't need to pay like 100$ to but the "best" hardware wallet which even might leak your privacy because of some information hacks or something ... via /r/Bitcoin https://bit.ly/3hIDpVt

Rules for Rulers: Understanding how the state retains power is important for understanding why Bitcoin matters.

https://www.youtube.com/watch?v=rStL7niR7gs

Submitted August 30, 2020 at 08:31AM by UniqueBase https://bit.ly/3bbZOru

Remember this? A little piece of Bitcoin history | Max Keiser vs Peter Schiff

https://www.youtube.com/watch?v=y8scICq7EL8&t=1s

Submitted August 30, 2020 at 03:51PM by au785 https://bit.ly/3gBwjk8

Please donate to Coinswap development


https://bit.ly/3gGBlvU will be key to increasing on chain fungibility for bitcoin. Because they give users privacy without allowing their transactions to get flagged.Products like KYT are becoming increasing common, and from the screenshots you can see users can get flagged for trivial things like being linked to 'mixing' or even using a 'p2p exchange'https://bit.ly/3gIIqvG human rights foundation granted Chris Belcher 50K USD to work on this protocol, however i think it would be lame if the only donation came from a charitable organization. At least some of the funding should come from the community. If feel he deserves to be paid more than a minimum wage for working on this full time.There's a donation link on the github - which i won't link, but currently there are no donations to the address. The donation address changes :(Remember if you are sending a donation you can make a transaction with the fee set of 1/sat per byte. Because its ok for the transaction to be in the mempool untill it confirms via /r/Bitcoin https://bit.ly/32D35wj

Thanks a lot to this community

So recently I asked what is node, lightning network etc. And I got immense amount of people guiding me all through that. I have setup a full node recently and loving the Bitcoin culture, I am a new guy here but observing this whole community and Bitcoin from months.

Thanks to all I made some satoshis, they are nothing, but hey it's something. 😸



Submitted August 29, 2020 at 10:00PM by siddude11 https://bit.ly/31Htfia

FEDS Seized Over $2 BILLION at U.S. Airports from 2000-2016

https://www.youtube.com/watch?v=7_2hK58Dzds

Submitted August 30, 2020 at 09:59AM by simplelifestyle https://bit.ly/2GalGZ8

Remember this? A little piece of Bitcoin history | Max Keiser vs Peter Schiff


https://www.youtube.com/watch?v=y8scICq7EL8&t=1s via /r/Bitcoin https://bit.ly/3gBwjk8

Bitcoin and Metaphysics: Money is the metaphysical tool that attempts to objectively express a community’s subjective values, wants, and needs. From this standpoint, Bitcoin is the greatest form of money ever created.

USD on the other hand only expresses the values, wants, and needs of the most powerful and elite members of society.



Submitted August 30, 2020 at 03:21AM by the420chronicler https://bit.ly/3jssnnw

China Penalizes Mining Firms For Misuse Of Electricity Regulations

https://bit.ly/3hIjxSn

Submitted August 30, 2020 at 02:18PM by vinnie_chapman https://bit.ly/31Hom8E

Rules for Rulers: Understanding how the state retains power is important for understanding why Bitcoin matters.


https://www.youtube.com/watch?v=rStL7niR7gs via /r/Bitcoin https://bit.ly/3bbZOru

Daily Discussion, August 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/2QDXRL2

Lightning Network OFFLINE payments in action together with a Lightning Beer Tap

https://twitter.com/puzzleitc/status/1299333496947736578

Submitted August 30, 2020 at 04:54AM by NimbleBodhi https://bit.ly/2QDp808

Bitcoin Whales be like....

https://bit.ly/32AtuuE

Submitted August 30, 2020 at 11:46AM by losloppie https://bit.ly/3hI6IaH

Saturday 29 August 2020

Bitcoin Whales be like....


https://bit.ly/32AtuuE via /r/Bitcoin https://bit.ly/3hI6IaH

FEDS Seized Over $2 BILLION at U.S. Airports from 2000-2016


https://www.youtube.com/watch?v=7_2hK58Dzds via /r/Bitcoin https://bit.ly/2GalGZ8

Euphoria explains Bitcoin

https://bit.ly/2QEdrGJ

Submitted August 30, 2020 at 04:48AM by honorface76 https://bit.ly/3b6ktxp

Bitcoin and Metaphysics: Money is the metaphysical tool that attempts to objectively express a community’s subjective values, wants, and needs. From this standpoint, Bitcoin is the greatest form of money ever created.


USD on the other hand only expresses the values, wants, and needs of the most powerful and elite members of society. via /r/Bitcoin https://bit.ly/3jssnnw

Hundreds of Bitcoiners from all over the world collaborated with me on this art project. Proud to be a part of this global movement!

https://bit.ly/3hIg9Xp

Submitted August 30, 2020 at 01:41AM by cryptograffiti https://bit.ly/2EtO4oH

600k Hotels To Start Accepting Bitcoin

The ModiHost team believes that the future belongs to digital technologies and cryptocurrencies. The latter will soon supplant fiat money as the new economic age has arrived. In the new economic system there will be no place for traditional money.

Cryptocurrencies will be used everywhere, and the evidence for that can already be seen in world news.

Agoda, a digital travel platform that is part of Booking Holdings, has partnered with Travala.com, a cryptocurrency-friendly booking platform.

With this partnership over 600,000 hotels in some 200 countries now allow travellers to book accomodation with Bitcoin, Ethereum, Binance Coin and over 25 other digital assets.

https://modihost.io/

https://preview.redd.it/cq704h709xj51.jpg?width=1280&format=pjpg&auto=webp&s=e53af94a38868506c6c751312151b263315ecf09



Submitted August 29, 2020 at 06:49PM by ModiHost https://bit.ly/2EsUMv7

Bitcoin Exchange Software | BTC Exchange Software

https://bit.ly/32BpXMK

Submitted August 29, 2020 at 10:09PM by Jacklin_Maximus https://bit.ly/2EGovAl

Fidelity Is A 1,000 Pound Bitcoin Gorilla In The Making

https://bit.ly/34NCxer

Submitted August 29, 2020 at 06:51PM by thanosied https://bit.ly/34NCxuX

Visa Exec: "Never in the history of mankind was so much stolen from so many by so few. Opt out with Bitcoin." The tides are turning, and quick than one might think.

https://bit.ly/3gFe79l

Submitted August 29, 2020 at 06:51PM by WaggishNickel https://bit.ly/3ltWLzI

Biggest Dutch bank ING introduces negative interest for bussines accounts over 250k (article in Dutch)

https://bit.ly/31BCoJ0

Submitted August 29, 2020 at 03:52PM by robbio33 https://bit.ly/31F2GdG

How to set up your own Bitcoin node, Electrum wallet and Server - Reclaim your sovereignity, privacy and autonomy

https://bit.ly/3juxfbJ

Submitted August 29, 2020 at 06:06PM by FilthyPeasantt https://bit.ly/3lsGPOg

I'm new though

https://bit.ly/2EBVLZU

Submitted August 29, 2020 at 02:26PM by georgioag https://bit.ly/3b6VKZL

600k Hotels To Start Accepting Bitcoin


The ModiHost team believes that the future belongs to digital technologies and cryptocurrencies. The latter will soon supplant fiat money as the new economic age has arrived. In the new economic system there will be no place for traditional money.Cryptocurrencies will be used everywhere, and the evidence for that can already be seen in world news.Agoda, a digital travel platform that is part of Booking Holdings, has partnered with Travala.com, a cryptocurrency-friendly booking platform.With this partnership over 600,000 hotels in some 200 countries now allow travellers to book accomodation with Bitcoin, Ethereum, Binance Coin and over 25 other digital assets.​https://modihost.io/​https://preview.redd.it/cq704h709xj51.jpg?width=1280&format=pjpg&auto=webp&s=e53af94a38868506c6c751312151b263315ecf09 via /r/Bitcoin https://bit.ly/2EsUMv7

Visa Exec: "Never in the history of mankind was so much stolen from so many by so few. Opt out with Bitcoin." The tides are turning, and quick than one might think.


https://bit.ly/3gFe79l via /r/Bitcoin https://bit.ly/3ltWLzI

Fidelity Is A 1,000 Pound Bitcoin Gorilla In The Making


https://bit.ly/34NCxer via /r/Bitcoin https://bit.ly/34NCxuX

I'm new though


https://bit.ly/2EBVLZU via /r/Bitcoin https://bit.ly/3b6VKZL

In the last 100 days, the number of Bitcoins in the Grayscale Bitcoin Trust (GBTC) has increased by more than 78000. These coins are locked for 6 months too.


I had made a similar thread 100 days ago.The following is a simple table showing the number of bitcoins in the GBTC as seen on its page here on the given days.DateNumber of btc in GBTC31 Dec 2017170,00031 Dec 2018204,39026 July 2019239,51326 Oct 20192577987 Feb 2020283,19227 Apr 20203128861 May 202032326217 May 2020 (100 days ago)3439543 July 202038665827 Aug 2020 (latest today)422308Number of bitcoins acquired in last ~100 days: 422308 - 343954= 78354The rate of acquiring bitcoin in gbtc had accelerated after the start of April 2020, as you can see above in the table. At the rate of about 800 bitcoins per day that GBTC has bought every day for last 100 days, the GBTC is buying Bitcoins equal to about 85% ( 783/900) of all supply of newly minted Bitcoin.And GBTC is just one of the many ETF's that people who don't want to fiddle with private keys etc, can use to acquire Bitcoin, albeit the largest one.In this period, the MNC Microstrategy has bought a further 22k Bitcoin. via /r/Bitcoin https://bit.ly/3hK9HPO

Tyler Winklevoss lays down argument for $500k Bitcoin

https://bit.ly/2YMsmD3

Submitted August 28, 2020 at 11:22PM by KayleighSosnowski https://bit.ly/3hG729Q

How to set up your own Bitcoin node, Electrum wallet and Server - Reclaim your sovereignity, privacy and autonomy


https://bit.ly/3juxfbJ via /r/Bitcoin https://bit.ly/3lsGPOg

Biggest Dutch bank ING introduces negative interest for bussines accounts over 250k (article in Dutch)


https://bit.ly/31BCoJ0 via /r/Bitcoin https://bit.ly/31F2GdG

The Brilliant Satoshi Nakamoto responded to Quantum Computer FUD 11 years ago

  1. “SHA-256 is very strong. It's not like the incremental step from MD5 to SHA1. It can last several decades unless there's some massive breakthrough attack.”
  2. “If SHA-256 became completely broken, I think we could come to some agreement about what the honest block chain was before the trouble started, lock that in and continue from there with a new hash function.”

Source: https://bitcointalk.org/index.php?topic=191.msg1585#msg1585

And keep in mind that this is worst case situation, as if Quantum computers came unsuspectedly years earlier- I think lamport signature or other solutions could easily be implemented before any trouble comes.



Submitted August 29, 2020 at 09:48AM by Veryuniquenames https://bit.ly/34Hqijs

Digital Currency Group Sets Foot in the Bitcoin Mining Sector - TCR

https://bit.ly/3gGrpT5

Submitted August 29, 2020 at 02:03PM by Czfacts https://bit.ly/34MlkSC

Daily Discussion, August 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/2EBrIBA

Friday 28 August 2020

2020 tax form has major implications for crypto traders

https://bit.ly/3hS8TbT

Submitted August 29, 2020 at 12:32AM by Gordon_Law https://bit.ly/3hDU1h7

The Brilliant Satoshi Nakamoto responded to Quantum Computer FUD 11 years ago


“SHA-256 is very strong. It's not like the incremental step from MD5 to SHA1. It can last several decades unless there's some massive breakthrough attack.”“If SHA-256 became completely broken, I think we could come to some agreement about what the honest block chain was before the trouble started, lock that in and continue from there with a new hash function.”Source: https://bit.ly/2EBv9YX keep in mind that this is worst case situation, as if Quantum computers came unsuspectedly years earlier- I think lamport signature or other solutions could easily be implemented before any trouble comes. via /r/Bitcoin https://bit.ly/34Hqijs

Why I am still Bullish on Bitcoin After Hodling it for more than 4 years

I started buying btc ( which I never sold afterwards) in 2016, and have been holding only btc since then. I continue to hold it, and even buy it, even though today my so called btc stash is 20x its original price.

Here is my opinion about btc's expected price action in next 2-3 years

  • first point, there will be no parabola like late 2017, where btc price went 4x in about 4 months. 4x price action in such short range, will not happen, Because there are many exchanges like bakkt and cme, which allow shorting of btc. Which means that price action will not be drastic.
  • the upward movement in price will continue for next 2-3 yeras, and beyond. Overall, I expect it to be at 18k at EOY, and at about 25k-40k at end of 2021.
  • The price rise is happening due to demand from gbtc ( normal 401-k holders), and demand from recent buyer like Microstrategy , which is a mnc that bought staggering 22k btc. That 22k btc, btw, took price from 9k to 11k. So here you can see demand directly taking price higher. I keep a tight watch on gbtc, and its accumulating btc at a drastic pace, spurred by demand from normal fellows mostly who are buying it for their 401-k. On top of that, get this, gbtc has no redemption program. Which means it only buys btc, ( and sells it only for fees if any).
  • And now Fidelity is coming with its own Bitcoin Fund ( and only Bitcoin). That shows the demand for Bitcoin from the investors at large.
  • Governments have already realized they cannot stop btc. Trump had told Mnuchin in 2018 to "go after btc'. But mnuchin could not do anything, because there is not much he can do. So on that front, bitcoin has proven ( to the extent) its strength as decentralized network which can't be brought down easily be governments. That's why microstrategy bought it too - they aren't fools to put so much money in something Mnuchin could bring down overnight by a decree. So there will be no such decree. At some point, govt's will likely enforce control ( using tax as reason, for example), and it will reduce Bitcoin's attractiveness, but its hard to look that far into future, because as of now, that is not what's happening.
  • Another bullish point is ABSOLUTE lack of any alternative to btc. The top 10, apart from btc, is a shitshow. XRP is an out and out scam. and even others are totally no shots and scams. So Bitcoin is the only thing in this market.
  • I think anyone who buys btc today, and holds for next 10 years, can get returns of about 10x-15x. And the thing is, the risk is very low, so I strongly recommend people to buy at least 10-20% of their portfolio in btc. This is for EVERYONE. I myself am about 80% into btc.
  • Finally, don't buy btc if you can't stand falls as much as 75% ( in few months), and more. This is speculative asset. The base price is defined by long term holders, but the daily market price is defined by traders, who will sell all btc they hold ( even as people like me will not do that). So the price can flucuate, and I recommend you only buy if you can hold it for minimum 4 years.


Submitted August 29, 2020 at 04:01AM by parakite https://bit.ly/32EhFUc

RIP to the first bitcoin transaction recipient, and full node operator (6 Years today)

https://bit.ly/3bah2pw

Submitted August 29, 2020 at 03:10AM by coinsmash1 https://bit.ly/32vwAjA

Hal Finney’s Quest For Digital Cash

https://bit.ly/3lrVl8S

Submitted August 28, 2020 at 11:23PM by Bitcoin_Magazine https://bit.ly/2G8fUHt

Owning Bitcoin is like owning equity in a virtual whole-life insurance policy, a bank, data storage provider, gold mining/energy company, networking company, a casino, a credit union, a money market, and a communications company all rolled into one.

Fully backed by the full faith and credit of its users... and the most secure back-office automated accounting system of all time.

Rating: Buy



Submitted August 28, 2020 at 04:28AM by the420chronicler https://bit.ly/32vHYfn

Digital Currency Group invests $100mln into Bitcoin mining capital and advisory firm

https://bit.ly/3hDSIPg

Submitted August 27, 2020 at 10:46PM by KayleighSosnowski https://bit.ly/2YBVcpG

How to become master of HODLING !!

https://bit.ly/2YKZQBY

Submitted August 28, 2020 at 04:27PM by CoinMan747 https://bit.ly/2YKZLhE

FBI foils $1m Bitcoin ransomware attack against Tesla Gigafactory


https://bit.ly/34IGOQu via /r/Bitcoin https://bit.ly/3b8RysC

BTC Vs ETH Episode Review with Udi Wertheimer — What Bitcoin Did


https://bit.ly/3hFDOaY via /r/Bitcoin https://bit.ly/2YFHqCk

What today's landmark Federal Reserve speech means for money: As the dollar is devalued, Bitcoin will shine as a hedge against inflation and alternative reserve currency.

https://bit.ly/3gzOTZY

Submitted August 27, 2020 at 09:32PM by heist95 https://bit.ly/31wMBq3

Bitmain, Ebang Among 21 Bitcoin Mining Farms Stripped of Energy Perks in Inner Mongolia

https://bit.ly/3hPOlRj

Submitted August 28, 2020 at 05:35PM by bitdex https://bit.ly/2YZ81e7

Wasabi Wallet Is Revamping Its CoinJoin Design to Allow Bitcoin Mixing With Differing Values


https://bit.ly/2YEyJYX via /r/Bitcoin https://bit.ly/2QzzZrX

How to become master of HODLING !!


https://bit.ly/2YKZQBY via /r/Bitcoin https://bit.ly/2YKZLhE

Invest $1000 in BTC and three years later...


It pays to invest in BTC -​https://bit.ly/31AYYS7 via /r/Bitcoin https://bit.ly/3b2DFfg

How to mine Bitcoin profitably in 2020

Bitcoin is considered to be the very first cryptocurrency — it appeared on the market more than 10 years ago. At that time, the mining industry was just beginning to gain momentum, and it was easy to make money from mining Bitcoin. It was enough just to download the software, install it on your computer and start mining.

But since then the situation has changed significantly — now many people are engaged in Bitcoin mining, and it has become not so easy to make money on it. But it is still possible, and this article will show you how to mine Bitcoin profitably in 2020.

Choose reliable equipment

Your income directly depends on the right choice of equipment. First of all, pay attention to ASICs, because they are increasingly displacing GPU rigs from the market. When choosing devices, consider the following factors:

  • How much do you pay for electricity and how much does an ASIC consume per terahash? Choose the device that consumes the minimum. Otherwise, you will have to spend most of your income on paying your electricity bills.
  • What overclocking profiles are available and how much power does the ASIC need to reach them? Choose the model that will allow you to achieve the maximum hashrate, while consuming as little as possible.
  • How easy is it to get spare parts for an ASIC and have it repaired in your city? Choose a device that can be “put back in line” as quickly as possible, as prolonged repairs mean equipment downtime and loss of profit.

Pay attention to the following models:

  • Bitmain Antminer S19 Pro (hashrate up to 110 TH/s and energy saving up to 29,5 J/Th);
  • Bitmain Antminer S17 Pro (easy to overclock, high reliability);
  • Old generations of Bitmain Antminer Т17 (easy to overclock, high durability);
  • Innosilicon T3 (an improved cooling system).

Take care of ventilation and cooling

ASICs consume a lot of energy, and almost all of it is converted into heat. If devices overheat, their chips will suffer, which will negatively affect hashrate and your income. Accordingly, in order to mine Bitcoin profitably and without downtime, you need to take care of ventilation and cooling.

  • Clean your devices from dust regularly — clean ASICs are less likely to overheat.
  • Make sure that the room is ventilated enough — if possible, open windows and doors, and install fans, directing them so that the airflow will remove the heat generated by the ASICs from the room.
  • Do not install devices too close to each other. Leave some space between them for better ventilation.
  • Try immersion cooling (immersing devices in a container of dielectric fluid). Using this method, you can eliminate the purchase of air conditioners and cut costs.

Join the pool

By mining Bitcoin on a pool, not individually, you will receive payments more often, which means that your income will be much more stable. When choosing a pool, consider the following factors:

  • Payout model (the most profitable option is PPS+, which means that you will receive a payment for each share that you submit);
  • Pool fee;
  • Transaction fees;
  • Proximity of servers (the closer the server is, the more stable the mining process and, accordingly, your income are).

Install custom Hiveon ASIC firmware

At the moment, profitable Bitcoin mining is almost impossible without custom firmware, and Hiveon ASIC is the best available option:

  • Using the downvolting function, you can reduce your energy consumption and cut costs on paying electricity bills. For example, on the stock firmware ASIC Antminer S17E consumes 2700 kW, while the hashrate is 60 TH/s. With the Hiveon ASIC firmware, the device consumes much less power (1314 kW), and the hashrate remains at the same level.
  • Thanks to the overclocking function, you will be able to achieve a higher hashrate and increase your income.
  • The temperature watchdog reboots the ASIC or stops the mining process if it reaches a critical point, so your devices don't overheat.
  • You can also set up the desired temperature of the chips. The temperature will be maintained automatically, which will positively affect their performance.
  • The hashrate watchdog reboots the device if the hashrate drops below normal. This will help you to avoid loss of profit.
  • The autotuning function adjusts the frequencies of the chips to increase the hashrate and maintain the level of power consumption. This is especially useful for chips that are already worn out — they will last longer and still be nearly as effective as full-fledged working chips.
  • Thanks to the built-in wattmeter, you will always be aware of how much electricity your ASICs consume.
  • With the Hiveon ASIC firmware, you can use the Hive OS monitoring and management system for free. In this way, you will cut your costs and be able to manage thousands of devices at the same time.

As you can see, profitable Bitcoin mining is still possible even in 2020. To do this, you need to responsibly approach the matter of choosing equipment, provide devices with ventilation and cooling, join the pool and improve the devices with custom firmware.



Submitted August 28, 2020 at 04:32PM by laporiar https://bit.ly/3hDq9Bc

Has anyone here used Simplex's new Account feature?

In case you missed it:

https://www.simplex.com/account/

My friends in the EU were talking about it and said they've had good experiences using it. I'd like to know if you can echo those statements as they're not super into technology.

To me it seems like it's a Transferwise competitor. I occasionally sell Bitcoin to pay my bills (a man has gotta eat...) and euros work for me.

Would appreciate your thoughts!



Submitted August 28, 2020 at 09:44AM by PlayfulBenefit https://bit.ly/34Ls2IN

Daily Discussion, August 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/32EeUCC

Thursday 27 August 2020

In bullish reasons for BTC today:


JP Morgan is investing and on the board at ConsenSys, bringing JP Morgan to ethereum. So the biggest banks are now moving to blockchain in many applications. It’s a complete 180 from Jamie Diamond blasting crypto a few years ago.There appears to be a Cold War race right now between the US and China to develop a national crypto to help stabilize troubled economic system around the world. A currency tech race seems inevitable and probably will happen extremely fast.Fidelity Investment, one of the largest asset managers in the world, has now opened a Bitcoin Fund and released a long report with a stock-to-flow analysis putting Bitcoin at $1,000,000 by 2025. This is the type of shit Mcafee would say in the past, now our biggest financial institutions are saying it.At this point we see the biggest financial institutions and the biggest nation’s governments are getting into Defi. The general market is going to see that Bitcoin isn’t going away and is a safe and reliable asset. The greatest wealth transfer in history is going to happen in the next 10 years. Make sure to pack your bags...at your own risk. via /r/Bitcoin https://bit.ly/3hBn70v

US Federal Reserve to tolerate higher inflation in landmark policy shift - Brrrrrrrrrr

https://ab.co/3gDVPVQ

Submitted August 28, 2020 at 04:56AM by Amygdalailama https://bit.ly/3jl9TW1

Owning Bitcoin is like owning equity in a virtual whole-life insurance policy, a bank, data storage provider, gold mining/energy company, networking company, a casino, a credit union, a money market, and a communications company all rolled into one.


Fully backed by the full faith and credit of its users... and the most secure back-office automated accounting system of all time.Rating: Buy via /r/Bitcoin https://bit.ly/32vHYfn

Has anyone here used Simplex's new Account feature?


In case you missed it:https://bit.ly/32DO25I friends in the EU were talking about it and said they've had good experiences using it. I'd like to know if you can echo those statements as they're not super into technology.To me it seems like it's a Transferwise competitor. I occasionally sell Bitcoin to pay my bills (a man has gotta eat...) and euros work for me.Would appreciate your thoughts! via /r/Bitcoin https://bit.ly/34Ls2IN

Riot Blockchain to Purchase More than $17 Million in New Mining Equipment

https://bit.ly/31BoiY0

Submitted August 28, 2020 at 07:37AM by TunesMedia https://bit.ly/3jrIJgt

Why do so many people think Bitcoin will hit a million anytime soon? It would have to go up a whopping 1000 dollars a day to do it in 3 years at the earliest right?

Why do so many people think Bitcoin will hit a million anytime soon? It would have to go up a whopping 1000 dollars a day to do it in 3 years at the earliest right?

or a 1000 a week would be 7 times that long or a thousand a month would be 30 times that long

is this math right?



Submitted August 27, 2020 at 10:31PM by anzel2002 https://bit.ly/3llP2Uq

Bitcoin’s Worth Shining as Fed Says Inflation will Rise and Interest Rates Drops

https://bit.ly/2G4Nmyw

Submitted August 27, 2020 at 11:27PM by KayleighSosnowski https://bit.ly/3jj3ECc

I do sleep occasionally

https://bit.ly/31xLsi4

Submitted August 28, 2020 at 04:40AM by growthmonkey https://bit.ly/34FPpDi

Ledger Backup Pack bundle offer — Ledger Nano X + Ledger Nano S (50%)

https://bit.ly/2YCpcli

Submitted August 28, 2020 at 06:49AM by Choice-East https://bit.ly/2EwOBpK

U.S. Seeks to Seize 280 Cryptocurrency Accounts Tied to North Korean Hacks


By Reuters via NYT Technology https://nyti.ms/2EGvv02

1000+ Unlicensed Bitcoin (BTC) Mining Farms Shut Down in Iran - TCR

https://bit.ly/2G6hKZv

Submitted August 27, 2020 at 06:00PM by Czfacts https://bit.ly/3gzuRyw

Which Bitcoin Mining Rig Is Most Profitable?

https://bit.ly/3lqOegU

Submitted August 27, 2020 at 06:46PM by PabloClarke https://bit.ly/3huhUHI

The Value of Bitcoin


Hey All,A lot of the times us Bitcoin enthusiasts are always questioned about where does Bitcoin gain its value from and why it should be worth what is now or what we expect it to be i.e. around hundreds of thousands.I have tried to touch on this, relating it to our current financial system which is doomed to collapse. Some of the other things I have discussed: 1. How Bitcoin Works? 2. Why Bitcoin is one of the most undervalued asset of our time? 3. How to trade Bitcoin? 4. The Blockchain concept and Halving ConceptI would appreciate if you guys could give it a read here in my Blog and give me your feedback. Please do share it forward if you think it is worth it. Would be a great help! 😊Cheers, Fahim via /r/Bitcoin https://bit.ly/3lvK1cb

Major Korean Crypto Exchange Seized After 99% Trading Volume Allegedly Faked


https://bit.ly/34CySA5 via /r/Bitcoin https://bit.ly/34Ea7U0

BTC 1 Million


I need bitcoin to hit 1 million ASAP so I can tell my wife I told you so. Nothing will satisfy me more. via /r/Bitcoin https://bit.ly/3hKNQri