TIL that the FBI seized 144,000 bitcoins from Ross Ulbricht (silk road guy) in 2013 following his arrest and conviction. They were valued at close to $28.5million at the time of seizure. They're now worth $1.9billion.

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Submitted January 01, 2018 at 01:00PM by HumbleHumanz http://bit.ly/2q4sxL4

If you're unhappy with the recent Coinbase fiasco check out Bisq which is a free open source decentralized exchange!

http://bit.ly/2kaUtKt via /r/Bitcoin http://bit.ly/2Czg9FI

r/Bitcoin recap - December 2017

Hi Bitcoiners!I’m back with the twelfth monthly Bitcoin news recap. (Yes I'll keep doing these in 2018)For those unfamiliar, each day I pick out the most popular/relevant/interesting stories in r/bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best), memeless overview of what happened in bitcoin over the past month.You can find recaps of the previous months on Bitcoinsnippets.comA recap of Bitcoin in December 201701: One of the most important Bitcoin related charts & The CME has been approved to launch bitcoin futures trading on December 18th & Two Drivechain BIPs02: The Rootstock sidechain will be released on the 4th of December03: A Dutch newspaper tries to get people to sell their bitcoins but instead provides a list of reasons why Bitcoin exists & A post by one of the 14000 Coinbase clients that the IRS has targeted04: Rootstock is released as a Sidechain bringing more sophisticated Smart Contracts to Bitcoin & Coinbase is working on SegWit support & A CNN host is salty he didn’t buy bitcoin & A livestream of the Latin American Bitcoin conference & More people probably understand Bitcoin than the central banking system05: Updates on Confidential Transactions efficiency & Bitcoin reaches €10000 for the first time06: The Lightning Protocol 1.0 passes all compatibility tests on the live Bitcoin network & NiceHash, a mining marketplace, got hacked for $60M in bitcoin & Bitcoin reaches a new all-time-high of over $1300007: r/Bitcoin reaches 500k subscribers & Someone sends a $500K donation to Andreas Antonopoulos for all his Bitcoin education, while others add over $200k on top & Bitcoin reaches a new all-time-high of over $1900008: People are beginning to get (even more) excited about the Lightning Network & The US Senate has a hearing about a bill that would criminalize concealed ownership of Bitcoin09: An elaborate description of how to spot a price correction & A discussion and video regarding the impact of the CME bitcoin futures10: Some cryptocurrency trading advice & Craigslist adds a checkbox that says “you can pay me with bitcoin” & Saudi Arabia’s most prominent newspaper lists bitcoin on the economy page11: Bitcoin exposes the economic illiteracy of financial journalism & Muslim clerics said that owning bitcoin is compatible with Islam12: Ebay is ‘seriously considering’ accepting bitcoin as a payment on its platform & The end of life of a sidechain13: A visualisation of the Lightning Network testnet of 478 nodes & SegWit is implemented in Bitwala & The Pineapple Fund plans to donate 5057 bitcoins to charities14: Danish Bitcoin billionaire becomes a new sponsor of a professional ice hockey team and renames its stadium to “Bitcoin Arena” & One of Hal Finney’s last posts on bitcointalk.org15: While users are still waiting for major bitcoin businesses to implement SegWit, Bitcoin Core developers have finished their MAST proposals & Google says Bitcoin is the #2 ‘How to’ search term of 201716: Some love for Bitstamp, which is growing at over 100k users per day and has been SegWit compatible since September & A discussion on not giving bitcoin for holiday gifts & The South Korean government plans to regulate cryptocurrency exchanges17: A discussion on ‘taking bitcoin profits’18: Mining bitcoin with pencil and paper at 0.67 hashes per day in 2014 & Bitcoin block 500.000 has been mined19: You can try a testnet Bitcoin Lightning transaction & A discussion on the anti-Bitcoin articles in the media around the world & A map of the Lightning Network today20: People are upset as Coinbase engages in insider trading & A bitcoin millionaire is giving away their fortune to scientific research21: A guide to help people send cheaper transactions using SegWit & The Bitcoin Billionaire song & The New York Stock Exchange wants to launch Bitcoin ETFs22: Bitcoin ‘veterans’ are trying to calm down newcomers about the price crash23: A grateful community member/developer joins the Lightning Test team24: The people at the Internet Archive get excited about a $1M bitcoin donation from the Pineapple Fund & A call to help the Lightning network go live on the Bitcoin network by helping with testing25: A reminder of the 60 free lectures from Princeton on Bitcoin and cryptocurrency & The Pirate Bay is using the new SegWit address format26: Lightning Network release candidate 1 is out with the beta on the way & Tom Lee thinks Wall Street resents the fact that Bitcoin was not invented on Wall Street27: A warning from Andreas Antonopoulos about community infiltration by those who want to stop Bitcoin & Community frustration about the extreme focus on the bitcoin price and not the Bitcoin technology28: A mainnet lightning network transaction to pay a phone bill on Bitrefill & Someone clears up misinformation about South Korea’s Bitcoin regulation29: A community member shares his free “Practical Guide to Bitcoin Investment 2018” & Another Lightning Network simulation & A guide for Windows users to setup a Lightning Network node & A repost of the Schnorr Signatures article I wrote half a year ago30: A reminder that open systems and decentralised solutions will only work if we fight for them & Someone destroys 12.5 newly mined bitcoins by not testing their new software31: A reminder that other coins that claim to be instant without/with low fees don’t have the amount of users or traffic as Bitcoin & A call to boycott exchanges without SegWit & People are upset that some wallets still make you overpay by a factor of 10 due to bad fee estimationsThanks all for being part of the ride, it's been a great year for Bitcoin. Happy new year to you and I hope we can make 2018 even better! via /r/Bitcoin http://bit.ly/2CxaUWL

BitPay is charging users an additional 0.000956 BTC ($13) when transactions with 80 sat/byte are getting into blocks. We need an alternative to bitpay. They expect you to pay their miner fee as well but still haven't implemented segwit.

No text found via /r/Bitcoin http://bit.ly/2DIwpU4

Everyone feels the same?

http://bit.ly/2DJqi1Y via /r/Bitcoin http://bit.ly/2CAyimn

Mentor Monday, January 01, 2018: 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 http://bit.ly/2CzIRWV

Bitcoin's price floor is made out of Hodlers, and every day many new Hodlers are born all around the world.

This floor consolidation is getting stronger and getting ready for the new bull-rocket launch past $20,000.

Submitted December 31, 2017 at 11:33PM by domelane http://bit.ly/2q6p5ji