Daily Discussion, December 16, 2018

Daily Discussion, December 16, 2018
Source: Forum reddit.com/r/bitcoin

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. We have a couple chat rooms now! General Price Talk Please check the previous discussion thread for unanswered questions. submitted by /u/rBitcoinMod [link] [comments]

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[experimentation] It would be fairly cheap and easy to fill up a 32MB BCH (or BSV) block

[experimentation] It would be fairly cheap and easy to fill up a 32MB BCH (or BSV) block
Source: Forum reddit.com/r/btc

Running my “spam” software I was able to fill block 561026 with over 3,200 transactions (~0.6MB) in <10m So assuming a 10m block time, to fill a 32MB block, we would require: ~64 nodes running this software Each of the nodes possessing 160 spendable (i.e. confirmed in a block) inputs of 0.00025 BCH apiece (0.00025 BCH per input * 160 inputs per node = 0.04 BCH per node) * 64 nodes = ~2.56 BCH to fill a 32MB block Current BCH price of ~$81 * ~2.56 total units required = ~$207 to fill a 32MB block Current BSV price of ~77 * ~2.56 total units required = ~$197 to fill a 32MB block Split between 64 people that’s less than $4 per node to contribute to a full block for either chain 🙂 Of course, in practice we would require…

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Weekly Support Discussion – December 16, 2018

Weekly Support Discussion – December 16, 2018
Source: Forum reddit.com/r/cryptocurrency

Welcome to the Weekly Support Discussion thread. The prupose of this thread is to provide technical or educational assistance to newcomers. To see the latest Daily Discussion Megathread, click here To see the latest Monthly Skeptics Discussion, click here Guidelines: Questions about wallet problems, exchange issues, coding difficulties, etc and more are all welcome. Refer topics about shortcomings, concerns, or anything critical about crypto to the Skepticis Discussion thread. Refer topics such as price, gossip, events, etc to the Daily Discussion Megathread. Please report top-level promotional comments or shilling. Please be level-headed and patient. People may take some time to respond. These are other volunteers who help make the community a better place. Please include as much information as possible in your support request. It’s much easier for people to help you if they can pinpoint what’s wrong. Rules: All…

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Need help backing out valuations for Kraken $4b and Coinbase $8b

Need help backing out valuations for Kraken $4b and Coinbase $8b
Source: Forum reddit.com/r/bitcoinmarkets

I’m doing some open brainstorming on the recent valuations in the space. I would appreciate hearing thoughts from others on these valuations, possible inputs, view of the future. Circle $3B – May 2018 Kraken $4B – December 2018 Robinhood $5.6B – March 2018 Coinbase $8B – October 2018 ICE $44B – public CME Group $67B – public PayPal – $101B – public For the private companies, we don’t have any information about what the valuation drivers were. We can assume revenue, which we can to some extent estimate based on publicly reported trade volumes. That doesn’t tell the whole story though as volume/market making can be paid for. We don’t know what net profits are, how much is being spent on R&D, etc. We don’t know what the companies’ assets/liabilities/investments are. There are products, services and revenue sources with no…

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[Altcoin Discussion] Sunday, December 16, 2018

[Altcoin Discussion] Sunday, December 16, 2018
Source: Forum reddit.com/r/bitcoinmarkets

Thread topics include, but are not limited to: Discussion related to recent events Technical analysis, trading ideas & strategies General questions about altcoins Thread guidelines: Be excellent to each other. All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading. This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning. No discussion about specific ICOs. Established coins only. If you’re not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too. Other ways to interact: Get an invite to live chat on our Slack group and check out the #altcoins channel Daily…

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Da flap done flipped! 😂

Da flap done flipped! 😂
Source: Forum reddit.com/r/btc

BCH back above LTC market cap 😉 Will it last?! Don’t touch that dial, find out on the next episode EDIT: Will it last?! LOL nope.. the flip already flopped This is gonna be an intereseting 24 hours 🍿 submitted by /u/maff1989 [link] [comments]

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Stop confusing price and value

Stop confusing price and value
Source: Forum reddit.com/r/btc

There are two mentalities in investing: Value Investing vs Technical Analysis. Why is Roger still holding BTC? Technical Analysis Why is BCH losing price? Technical Analysis Why is BCH the real bitcoin? Value Investing Please stop confusing these things. TA = short term. VI = long term. Does TA work to make money? Yes. Does TA measure actual value? No Arguing that value = price is the same as saying ‘buy high, sell low’. Tone Vays makes this mistake every day. If it weren’t for “9s”, TA would never be able to turn from bear to bull or vice versa. Obviously a “9” doesn’t suddenly give an asset real value, it’s only market sentiment. Huawei, the second largest cellphone producer in the world, is a private company. Does it’s lack of market volume mean it’s worthless? No. Saying that ETH…

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We need a switch to delegated Proof-of-Stake

We need a switch to delegated Proof-of-Stake
Source: Forum reddit.com/r/btc

We got to be honest here, with the market cap dwindling, so is security. The split desaster laid bare the weaknesses of the current PoW system, especial when market cap is low and mining is centralized. PoW is wasteful anyway and miners interests do not necessarily align with those of the comunity. make Bitcoin Cash fast, cheap and reliable again. Combining the marketing power that still is there with a technology that provides more real use. You will find below why I advocate for delegated proof-of-stake: Some issues about Proof-of-Stake: – if only big actors can stake, consensus of stakers for development might be different than for the general users – if inflation were anything material, the general public would get a worse asset than big stakers and actually potentially a worse asset than in more inflationary proof-of-work environments -…

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Where’s the best place to buy Bitcoin in Canada and trade it for other cryptocurrencies? (and rate my potential portfolio please)

Where’s the best place to buy Bitcoin in Canada and trade it for other cryptocurrencies? (and rate my potential portfolio please)
Source: Forum reddit.com/r/cryptocurrency

Ive done a lot of reading in the past year just waited for a comfortable time to enter the market, seems like it could keep falling judging by what everyone says but it’s a risk i’m willing to take. How does this portfolio sound for a 5 year period? 25% Bitcoin 25% Ethereum 10% IOTA 10% Monero 10% Factom 10% Nexus 10% Ark submitted by /u/borfmeister [link] [comments]

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Buying bitcoin with credit card

Buying bitcoin with credit card
Source: Forum reddit.com/r/bitcoin

Hey there, well I’ve finally saved up a lot of money and I’d like to purchase bitcoin via my credit card, is this possible? If so, what is the best site to do it, and what is the process? submitted by /u/gggetrektnoob [link] [comments]

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Possible hash rate reversal

Possible hash rate reversal
Source: Forum reddit.com/r/bitcoinmarkets

Something very interesting that has happened which I haven’t seen anyone comment on yet is the possible hash rate trend reversal. I’ve been keeping an eye on the bitcoin hash rate the last few weeks. As the price dropped I thought that with enough miners going offline there would be a chance of chain death, but watching it for 4 weeks I found my fears unfounded! However, I found it fascinating that even in this bear market, with price dropping for the past year, the hash rate still increased significantly until Oct. You can view the historical hash rate here: https://bitinfocharts.com/comparison/bitcoin-hashrate.html#log Since October, hash rate has been going down, which I was able to find also happened in Aug – Nov 2011. The bottom of the hash rate could be argued to be 20th / 27th Nov or 13th Dec….

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Today at 09:13:37 AM

Today at 09:13:37 AM
Source: Forum reddit.com/r/bitcoin

Can I broadcast a transaction without having ant bitcoin in my wallet? Like if I have an address and I want to broadcast a transaction worth 3 bitcoins. Can I do it if yes then how?? submitted by /u/CryptopieceOfficial [link] [comments]

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Christmas bitcoin bonus. Free 63 $

Source: Forum bitcoinforum.com

Christmas bitcoin bonus. Free 63 $Service gives a free bonus of 0.02 bitcoin instantly to your bitcoin address.REGISTRATION: bit.ly/2zZgD7X (In order for the bonus to be credited to your account, register using this link.)The service is completely …

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What Bitcoin Did #56 Why Bitcoin Matters For Freedom With Alex Gladstein

What Bitcoin Did #56 Why Bitcoin Matters For Freedom With Alex Gladstein
Source: Forum letstalkbitcoin.com

‘œA lot of the dismissals, criticisms and attacks on Bitcoin come from people who have the luxury of having a stable financial system.”” Alex GladsteinInterview location: SkypeInterview date: Thursday 6th Dec, 2018Company: Human Rights FoundationRole: Chief Strategy OfficerAll too often price dominates the discussion with Bitcoin: an ETF approval will be great for the price, we need institutions, when is the next bull run? Also, naysayers criticize Bitcoin when the price crashes, calling it a speculative asset with no utility. Is price a distraction from the potential for Bitcoin?Right now the use case for Bitcoin is limited for those in the developed world. Sure it is fun to send Bitcoin, perhaps it is easier than using a bank for sending value to someone in another country, but price volatility limits the use case for payments. In the developed world, holding…

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