Striking similarity between Ellen DeGeneres’ 2018 “Bitcoin Explanation” and 1994 Today’s Show “What is the Internet, Anyway?”

Do you not see the repetition of history here?

2018: Ellen DeGeneres: If you want to know what bitcoin is, I learned about it. A bit. https://www.youtube.com/watch?v=LS2BMxeHsv8

VS.

1994: The Today Show: "What is the Internet, Anyway?" https://www.youtube.com/watch?v=UlJku_CSyNg

submitted by /u/puttersworth
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Bitcoin – The Currency of the Internet

I spent 3 months building one of the best apps to track cryptocurrencies. Exchanges API sync, wallet tracking and many other features. I am not 16 but I invested a lot of time into this, can I get some attention anyway or am I going to get randomly downvoted as always? The app is also free.

I spent 3 months building one of the best apps to track cryptocurrencies. Exchanges API sync, wallet tracking and many other features. I am not 16 but I invested a lot of time into this, can I get some attention anyway or am I going to get randomly downvoted as always? The app is also free. submitted by /u/lriccardo
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Bitcoin – The Currency of the Internet

My 0.022 Bitcoin I recieved from Coinbase went to expired status. Anyway to retrieve it ?

Hello,

Back in 2014, Coinbase was giving out $ 10 bitcoin for signing up with an edu email.

I did sign up and verified the address and sure enough I did receive $ 10 worth bitcoin (0.022) and it was still in my wallet few months ago.

Now all of sudden it is in expired status. Anyway to get it back.

Thank you

Screenshots of the expired bitcoin : http://imgur.com/a/8MIcQ

submitted by /u/MrBackpacker
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Bitcoin – The Currency of the Internet

You get a 600% raise at work, after just 10 months, but you threaten to quit anyway

I truly do not understand the supposed pain of miners.

The price of bitcoin has increased by 600% just this year alone.

Traditionally we used to hope that after a 'halving' we might see a doubling of the price. Since the last halving, when the price was $ 600, it has gone up by 10x.

But, let's really talk about what has happened this year. This year, we got segwit finally launched and the price has skyrocketed.

There is already some serious talk about a $ 25k bitcoin in the not obscenely distant future if hedge-funds and other big players bring money in; now that they can see that bitcoin is stable, not going anywhere, and is highly resistant to change.

So, what, exactly, the fuck do miners have to complain about?

Their job is simple. Do a full SHA256 hash (by full, I mean on any random input data, not ASICBOOST hacked pseudo-SHA256).

That's it. Do that one simple job, and reap the rewards.

Bitcoin has a highly competent development team and a very exciting technological roadmap which will lead to ever higher and higher price levels for the block reward.

In addition to the price of bitcoin rising, so has transaction volume and, with it, the fees that miners collect.

If there is some fear that secondary network layers will steal fees from miners, that is an absurd interpretation of how things work.

First of all, most transactions that will occur on secondary layers will be transactions that would never be practical or worth bothering with on the layer-1 chain. The point being, they aren't 'stealing transactions and fees' away, these are transactions the layer-1 chain would never want at fees so low miners would never bother to collect them.

Second, when secondary layers function, they do so by pushing settlement transactions to the main blockchain, where fees are paid; and at nice price premium for miners to collect.

Between the increase in the value of bitcoin, increasing transactions, and improved fee revenue, miners are making an obscene amount of money compared to where they were just 10 months ago.

Additionally, if they truly hate bitcoin for some philosophical reasons, they can freely mine any other SHA256 coin if they so choose.

I don't get it, but I'm quite tired of hearing from people worth hundreds of millions of dollars, and earning more at an astonishing rate, keep bitching and moaning about 'high fees'.

We have Roger Ver, a man probably worth hundreds of millions of dollars, bitching because he cannot send a transaction on the bitcoin network for a penny.

Meanwhile, I send transactions for 8 cents all of the time, and they are confirmed (albeit slowly), and a 50 cent fee transaction gets processed quickly. The network continues to function well and generate incredible wealth and opportunity.

Finally, these people do not understand set theory at all.

As bitcoin expands into additional layers those layers are bitcoin as well! It's an aggregate ecosystem. As bitcoin expands to include things like the lightning network and sidechains, these are not things 'separate from bitcoin' they become part of the overall bitcoin ecosystem. It is fundamentally how all networks scale to exponential levels.

So, we have hubris, technical illiteracy, and mindless propaganda driving a bunch of people to quite literally work against their own economic self interest!

submitted by /u/jratcliff63367
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Bitcoin

You get a 600% raise at work, after just 10 months, but you threaten to quit anyway (reddit.com)

I truly do not understand the supposed pain of miners. The price of bitcoin has increased by 600% just this year alone. Traditionally we used to hope that after a ‘halving’ we might see a doubling of the price. Since the last halving, when the price was $ 600, it has gone up by 10x. But, let’s really talk about what has happened this year. This year, we got segwit finally launched and the price has skyrocketed. There is already some serious talk about a $ 25k bitcoin in the not obscenely…

Bitcoin

Peter Todd: “Unlimited responds to the latest DoS exploit by releasing closed source, non-cryptographically-signed binary –> It gets better: they managed to publish the code by accident anyway via Launchpad” [launchpadlibrarian.net/311815049/bitcoinunlimited_1.0.1.1-yakkety_1.0.1.2-yakkety.diff.gz]

Peter Todd: "Unlimited responds to the latest DoS exploit by releasing closed source, non-cryptographically-signed binary --> It gets better: they managed to publish the code by accident anyway via Launchpad" [launchpadlibrarian.net/311815049/bitcoinunlimited_1.0.1.1-yakkety_1.0.1.2-yakkety.diff.gz] submitted by /u/eragmus
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Bitcoin

My take on the current market -aka- Nobody cares what I think but here it is anyway: (reddit.com)

I think a small group with a lot of assets has hatched a fool proof scheme to pull a ton of money from the crypto market. First they begin destabilizing the Bitcoin community by exacerbating problems and souring new comers with propaganda of a broken Bitcoin. Next they begin to question whether alternative currencies might be better than Bitcoin. Then they begin shifting their wealth to those blockchains while advertising that they are doing so which, in turn, causes their followers and…

Bitcoin

I forgot what wallet is connected to an address. Is there anyway to figure out at least what wallet i used ?

I had to put in an address on a site in case of returns or what not. i use multiple wallets since i have multiple accounts. One of my first accounts received a return and i can not figure out what wallet i used. It is a web wallet which i have narrowed down to three possible sites. I found the address that the money was sent to but is there anyway to figure out what wallet just by using the address attached to the account? i have the public,private, and encrypted keys to each of the 3 wallets that i use. is there anyway to find it using one of those keys? ( no i am not dumb enough to give my private key to anyone)

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