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Showing posts from December, 2019

An Entire Swiss Bank in Your Pocket - Bitcoin

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Well I suck at forecasting

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Just got scammed over at GiftCardExchange by "hidude1212"

Just wanted to give folks a heads up - I tried to exchange two $50 Visa gift cards that I got for Christmas for Bitcoin, but he totally ghosted after I gave him the info and now I'm screwed. It looks like he made a fake little history as a "verified trader". It's sad that this community isn't honest as a whole, and it really sucks that I got screwed out of my Christmas presents. That Bitcoin was really important to me, as I'm not so well off. Just thought I'd spread the word. submitted by /u/Ck111484 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2Qx08Ye

Newbie, book suggestions?

Newbie wanting to get into the world of cryptocurrency. I know only the bare minimum for buying btc and was wondering if there are any good books or material out there that will benefit me prior to purchasing. Looking to buy small amounts here and there and hold submitted by /u/a_griff11 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2sD6YDx

Fees to send $300 and time

So what will it cost me to send 300usd and time? I normally just use xrp which is almost instantaneous and cheap but might have to do bitcoin this time. submitted by /u/jeffk1946 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/39nVfJr

Bitcoin And Crypto Market Eyeing Fresh Increase: BCH, BNB, EOS, TRX Analysis

The total crypto market cap is holding an important support area near the $185.0B level. Bitcoin price is struggling to continue higher and trading close to the $7,200 support. EOS price is down 2% and it is now trading near the $2.600 support area. Binance Coin (BNB) is down 3% and it failed to stay above the key $14.00 support. BCH price is declining towards the $205 and $200 support levels. Tron (TRX) price is facing a strong resistance near the $0.0136 and $0.0138 levels. The crypto market cap and bitcoin (BTC) are holding important supports. Ethereum (ETH), binance coin (BNB), ripple, BCH, tron (TRX), litecoin and EOS are struggling to continue higher. Bitcoin Cash Price Analysis After a fresh increase above the $205 resistance, bitcoin cash price found resistance near $215 against the US Dollar. The BCH/USD pair failed to continue higher and started a downside correction below $210. It is now moving closer towards the $205 support area, below which it might test the $200 support.

Amid Rising Adoption, Funding for Blockchain Startups Dries Up

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Blockchain funding has decreased substantially in 2019 when compared to 2018, even though adoption is increasing. Blockchain has become a buzzword in the startup ecosystem and multinationals alike. Numerous benefits provided by the technology has incentivized businesses and governments to adopt, explore or invest in it.  However, a surprising turn of events took place in 2019 when it comes to the amount invested into blockchain technology and companies behind them. After the incoming funds peaked in 2018 with $5.5 billion in capital raised, this year saw a sharp decline — with less than $3 billion of capital flowing into the ecosystem.  There are numerous reasons to explain this, however. The bullish hysteria around Bitcoin was over with the value of Bitcoin falling from an all-time high of around $20,000 to a low of $3,100.  Another explanation could be that initial coin offerings lost their charm. There were other external factors, such as the overall decline in funding of

We're going to make sure that Bitcoin doesn't become the equivalent of Swiss numbered bank accounts

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On-Chain 2FA Whitepaper (supply chain attack immunity)

Hi guys, I'm looking for feedback on my white paper about using on-chain 2FA to overcome the supply chain attack problem. Would love any comments you guys might have -- Thanks! https://www.koinkeep.com/articles/whitepaper submitted by /u/dudedustin [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2sB8G8h

Bitcoin should show a receipient's nickname when sending a fund, as a process of verifiation of the right address.

It would be great if bitcoin adds a function where an address owner can add a name tag (nickname) to their address. So each time someone wants to send a fund to someone else's address and enters the address, as a verifiation of the intended address, they can see the nickname in the receipient's name. It's just like the traditional banking. You need to ensure you send to the correct receipient. Only this time, you can set as your own nickname, not your name. For example, say I set my address's nickname as "Love" each time someone wants to send me some fund, they can see the verification nickname "Love" below the sending address. This will greatly reduce the possibility of sending to the wrong address intentionally or unintentionally. I've seen many people who have malicious program in their computer and when their address is copied and pasted, the pasted address becomes the hacker's address. submitted by /u/roller0412 [link] [comm

Ethereum (ETH) Could Dive If Bitcoin Continues To Struggle

Ethereum is down around 4% from the $138 high and tested the $130 support against the US Dollar. The price is currently consolidating above the $130 support, with a few bearish signs. There is a connecting bearish trend line forming with resistance near $132 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin failed to stay above $7,300 and it is now trading near the $7,240 support area. Ethereum price is facing an increase in selling versus the US Dollar due to a steady decline in bitcoin. ETH price could dive below the $128 level, if bitcoin slides below $7,200. Ethereum Price Analysis After a strong upward move above $135, Ethereum price faced resistance near the $138 zone against the US Dollar. ETH price topped near the $138 level and recently corrected below $135. Moreover, there was a break below the $132 support, plus the 61.8% Fib retracement level of the latest rally from the $127 low to $138 high. The price tested the $130 support and the 100 hourly simple moving a

Katherine Wu on DeFi and the Inevitability of the Digital Yuan

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Katherine Wu was a founding team member at Messari before moving into a VC role at Notation Capital, but is perhaps best known in crypto for her epic annotations of key regulatory enforcement actions. In this end-of-year interview with The Breakdown, Katherine argues that decentralized finance is the narrative of 2019, but also that when it comes to 2020, the emergence of a Chinese digital yuan is likely to have a huge impact on the crypto space.  Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. from E-Crypto News https://e-cryptonews.com/katherine-wu-on-defi-and-the-inevitability-of-the-digital-yuan/

A year ago block 528249 and it's unlikely hash caused the crypto space to go crazy with speculation.

A few people here have to remember around this time last year when a bitcoin block was mined with a very unique and exceedingly unlikely hash. 00000000000000000021e800c1e8df51b22c1588e5a624bea17e9faa34b2dc4a There was a whole lot of hype in the space when it happened, several threads on different reddit subs, write ups on crypto sites and blogs, many crypto YouTube personalities talking about it, and by far it saw the most hype and theories thrown around on twitter.   The block was mined with a hash that started with 18 consecutive 0's. That matches the number of leading 0's in the hash Satoshi used for the genesis block. To make things stranger the 18 zeros were followed by 21e8. People imbued all kinds of meaning into that combination of numbers and letter, which led to all kinds of crazy theories. The number 21 was significant as 21 million is bitcoin's max supply. E8 has special significance in physics as E8 Theory is an alternative grand unification theory of ever

Justin Sun Explains the Rationale Behind His $1 Million Greta Thunberg Donation

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TRON CEO Justin Sun explains how cryptocurrency will help reduce carbon footprints after pledging $1 million to Greta Thunberg campaign. On Dec. 18 Cointelegraph  reported that Tron ( TRX ) founder Justin Sun publicly pledged to donate $1 million to Swedish activist Great Thunberg to raise global awareness of the climate crisis.  Following the COP25 UN Climate Conference in Madrid, Sun tweeted: Although Sun has pledged a donation of $1 million to Greta Thunberg’s campaign, it was left unclear as to how cryptocurrency would help reduce carbon footprints through the creation of decentralized settlements. Regarding this, Sun told Cointelegraph that decentralized settlements and decentralized finance platforms are run by computers on cloud computing systems. In turn, this eliminates the need for paper documentation. “Decentralized settlement and decentralized finance are completely run by computers on cloud computing systems, thus eliminating the need for ledger documentation and

Someone deposited a billion dollars into my coin square account

What do I do? The money doesnt belong to me. I don't want to touch it? submitted by /u/Spatz901 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/39q9spp

Proof-of-Work, The Fundamental Laws of Physics And Nature

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Bitcoin Time Machine

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Taking Immersion in Gaming One Step Further: Full PC Immersion with the CoolBitts ICEbox

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One of the news items that went under the radar at Supercomputing was from CoolBitts. The company focuses on fully immersed systems whereby the CPU, GPU, and all the components are put into a non-conductive liquid. There are two types of immersive systems: two phase, where the liquid turns to a gas on heating and then condenses back into a liquid, or single phase systems that rely on a pump and a radiator to help move the liquid. This is the latter, and if you’ve ever heard of the ‘mineral oil’ PC, this is something very similar, except this is a case and coolant dedicated for immersion systems. We covered two-phase immersion liquid cooling (2PLIC) previously, where the CPU heats the liquid enough to convert it to a gas in order to move heat away from the system, using the latent heat of change between the two states as the thermal pump. Immersive servers have been improving for the last 20 years, with new techniques and chemicals, however immersed desktop PCs have been limited to s

Why do Bitcoiners want a Lambo?

Because Ferrari is owned by Fiat submitted by /u/r3310 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/39q09Wv

Is it legal in your country?#misterbitcoin

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As block reward goes down will miners get satisfied with fees?

Do you believe miners will be satisfied with the transaction fees or will we see drops in miners? So far the price has gone up fast enough that halvening doesn't really matter, more miners every week. But as halvenings goes on, two more after this one and each block is 1,5btc. Think the price will continue the way it has and make that coin worth it? Or will the users be willing to cough up serious fees to get the attention of new miners? submitted by /u/PewPewChickaChicka [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/36cJHa7

Bitcoin gives you a choice

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Rising prices allow Uncle Sam to pay off his debts with dollars that have been cheapened by inflation. Low inflation runs against the economic self-interest of any government that regularly borrows money. Learn about Bitcoin.

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Daily Discussion, December 30, 2019

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] from Bitcoin - The Currency of the Internet https://ift.tt/2Q6JvUe

Legit anonymous exchanges?

I'd like to exchange [random crap coin] to [BTC] without going through the whole sign-up and verification process of regular exchanges. (e.g. like shapeshift used to allow when it was first launched.) There are many results for this type of thing in Google, but having never heard of any of them, it's easy to imagine that they're all scams, that will take a deposit of random crap coin, but then never send the BTC. Any legit recommendations? Thanks! submitted by /u/fakebluepants [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2F3Kder

Bitcoin Rally Pauses But Not Likely Over, Bulls Aim $8K

Bitcoin price rallied recently above $7,300 before it ran into $7,500 against the US Dollar. The price is showing positive signs it seems like the bulls aim another test of $7,500. There is a major bullish trend line forming with support near $7,325 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is sighting an upside break above the $7,420 and $7,500 resistance levels. Bitcoin price is gaining bullish momentum against the US Dollar. BTC is likely to accelerate higher once again as long as it is above the $7,200 level. Bitcoin Price Analysis After forming a strong support near the $7,120, bitcoin price started a nice upward move against the US Dollar. The price rallied above the $7,300 and $7,400 resistance levels. Moreover, there was a close above $7,300 and the 100 hourly simple moving average. Finally, the price spiked above the $7,500 level, but it failed to continue higher. A high was formed near $7,531 before the price declined heavily. Bitcoin trimmed m

Question about returns

If you use Fiat today to buy something and return it, you often are asked which way you would like the cash back (card spent/cash/gift card). How is this handled for Bitcoin? I assume you'd have the option to return the same amount of sats to your wallet, but IDK due to the volatility in value to fiat. Also what about fees? Any real world examples or insights out there? submitted by /u/TobiasBlueMe [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/35b4SI6

China May Soon Have Its First Blockchain Exchange-Traded Fund

China Securities Regulatory Commission has recently received an application for listing a blockchain-based exchange-traded fund. from CoinDesk https://ift.tt/2QbX8BD

Bitcoin & Crypto Market Showing Bullish Signs: LTC, BNB, BCH, TRX Analysis

The total crypto market cap is slowly rising and it is now above the $185.0B support. Bitcoin price rallied recently, but it failed to climb above the $7,500 resistance. Binance coin (BNB) price is up more than 5% and it broke the $14.20 resistance area. Litecoin (LTC) price is slowly recovering and it is now trading above $42.50. BCH price surged above the $205 and $210 resistance levels. Tron (TRX) price is climbing and it could soon test the $0.0140 resistance area. Bitcoin (BTC) and the crypto market cap are showing bullish signs. Ethereum (ETH), litecoin, ripple, BCH, XLM, TRX, BNB, and EOS are likely to climb higher steadily. Bitcoin Cash Price Analysis After consolidating above the $185 support, bitcoin cash price started a decent upward move against the US Dollar. BCH price gained more than 5% and it broke the $200 and $205 resistance levels. The price is now trading above $210 and it seems like the bulls are aiming a test of the $225 barrier. Any further gains might set the pa

Market Update: Crypto Traders Search for Bullish and Bearish Trends

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During the last few days, digital currency markets have been meandering sideways and prices have been less volatile. On Sunday, during the last 24 hours, the entire cryptoconomy is hovering just below the $200 billion zone and there’s roughly $71 billion in global trades. Crypto proponents are still uncertain about the future trajectory and whether or not digital currency price trends will continue sliding or rise again. Also read: Mystery Surrounds DDoS Attacks That Have Downed the Darknet The Cryptoconomy Continues to Meander Sideways Digital currency markets on Dec. 29, have seen a bunch of cryptos gather a few gains during the 24 hours of trading. Currently, the top 10 crypto market capitalizations have seen percentage increases between 0.50% to 5%. At the moment, BTC prices are around $7,392 which is up 1.05% for the day. BTC has an overall market valuation of around $134 billion and roughly $21 billion in 24-hour trade volume. Out of all the coin caps, BTC’s $134 billion m

Just like today with #bitcoin

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Built a CryptoCurrency Conversion Website

Created a Preev clone but instead of only BTC, LTC, and DOGE it tracks the top 5 cryptocurrencies. New to web dev so any feedback or ideas is appreciated! Hope some of you find this useful haha http://www.coinconv.me/ submitted by /u/Skwiidy [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2Q6QM6s

Ripple Nears Key Breakout Resistance, BTC & ETH Gain Traction

Ripple price is slowly grinding higher and approaching the $0.2000 resistance against the US dollar. XRP seems to be forming a nice support near the $0.1940 and $0.1925 levels. There is a key rising channel forming with support near $0.1945 on the hourly chart of the XRP/USD pair (data source from Kraken). The price remains well bid and it could make another attempt to break the key $0.2000 resistance. Ripple price is closing in towards key resistance against the US Dollar, while BTC and ETH are showing positive signs. XRP price is likely to rally if it breaks $0.2000. Ripple Price Analysis After forming a support base near $0.1850, ripple price started a fresh increase against the US Dollar. Moreover, bitcoin and Ethereum rallied recently towards the $7,500 and $138 resistance respectively. XRP price managed to climb above the $0.1940 resistance and the 100 hourly simple moving average. Finally, there was a push towards the main $0.2000 resistance area. However, the bulls failed to ga

Super-soldier T-cells fight cancer better after a transformational DNA delivery

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Credit: Wikipedia Commons I enjoy online shopping. However, I often find myself fussing about the delivery options during checkout. This is because not all delivery services are equally efficient and stress-free. This personal experience has also inspired my research. As a postdoctoral scholar at Stanford University, I have engineered tiny nano-materials – objects about 10,000 times smaller than a grain of rice – to better deliver DNA into white blood cells called T-cells that defend us against cancer. My method – which I think of as the equivalent of FedEx and UPS – delivers DNA efficiently to T-cells that then transforms them into super-soldiers for tracking and attacking cancer cells. The promise of immuno-medicine Despite decades of research, cancer remains a challenging disease to treat because cancer cells mutate rapidly, becoming resistant to treatments such as chemotherapeutic drugs and radiation. The World Health Organization estimates that in 2018, close to 10 milli

Bitcoin ATMs are a good start. Improved wallet GUI and ease-of-use is even better. We need to continue to focus on usability and adoption.

Bitcoin is reaching a point in its development where I think it is time we focus on ease-of-use features of Bitcoin for the average Jane and Joe. It's not like it was back when we had to manually handle addresses and run our own nodes. People don't want to have to invest time or effort in order to benefit from something. Most folks don't even care about how it works or why. They only care about what Bitcoin can do for them. Bitcoin is safe. Bitcoin is easy. Bitcoin is for everyone. Just recently I saw a conversation on Facebook where a lot of people were having issues with Square, Etsy, Paypal, etc for banning them because they were selling mature items, or items related to "witchcraft" or w/e. These are exactly the people we need to target for adoption. People operating legal, but marginalized, operations in need of financial services. We have to reach for the low-hanging fruit first, and the easiest sell is going to be to people who can't buy anything

When is a bitcoin created and how do miners receive rewards for mining it?

I'm kind of new to this so if I make mistakes, I'm sorry. If I'm not wrong the goal is to solve problems and try to find a random hash that has a lot of 0's at the beginning and if I'm not wrong a lot of hashes make up a bitcoin, so what defines that number? Also, is bitcoin made up of a lot of those hashes with 0's at the beginning? Once a new bitcoin is created, how do the miners get credited? Do they get bitcoin to their bitcoin wallet, if so, how? if not, how? Also, what defines exactly how much they get and who gets it? Let's say there are 2 miners in total and the first one has already been mining for a few days while the other just starts and solves the problem in 10 minutes, who gets rewarded and how much? If I randomly solve a hash on my computer and get the needed amount of 0's at the beginning and everything matches and it's the right one, what does that mean? what do i do? Did I manage to "create" a new bitcoin? If so, how

Did 2019 Deliver on All That Was Promised for the Crypto Industry?

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Has 2019 lived up to the expectations of the crypto community and those working in the industry, and what are the biggest disappointments? Disappointment isn’t always a bad thing. It can be a spur, motivating one to work harder to meet expectations and goals. It is in this spirit that Cointelegraph informally surveyed members of the crypto community about this past year’s unfulfilled industry promises. Here are some of 2019’s biggest disappointments: Adoption missing? Where are the giant blockchain or crypto projects — enterprises that seize the imagination, rivet the public’s attention, and quiet the crypto skeptics? As Nouriel Roubini noted last year, “[Blockchain] still has only one application: cryptocurrencies.” Many in the industry are still waiting. As Lanre Sarumi, CEO of crypto derivative exchange Level Trading Field, told Cointelegraph: “The lack of a groundbreaking project that would have opened the eyes of skeptics is most disappointing. Libra came the closest with a

Ethereum (ETH) Rallies 5% But Bitcoin Still Trailing

Ethereum is up more than 5% and it broke the $130 and $132 resistance levels against the US Dollar. The price is currently consolidating near the $135 level, with a positive bias. There is a key bullish trend line forming with support near $131 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin also surged above $7,300, but it was rejected near the $7,500 barrier. Ethereum price is up more than 5% versus the US Dollar and bitcoin. ETH price is showing positive signs and it could continue to rise towards $144. Ethereum Price Analysis After finding strong bids near the $122 support, Ethereum price started a nice upward move against the US Dollar. ETH price gained bullish momentum above the $130 resistance to set the pace for more upsides (as discussed in the weekly forecast). Moreover, there was a break above the $135 resistance and a close above the 100 hourly simple moving average. Finally, the price spiked towards $138 before it started a downside correction. A high is for