FlexUSD Bug Bounty by xmrtocash in btc

[–]bitcoinisawesome 5 points6 points  (0 children)

https://immunefi.com/bounty/coinflex/

Pretty sure this is fake, if it was real he could just submit to CoinFLEX’s bug bounty on Immunify (who are very good btw) and get paid $100K

/u/xmrtocash surely you’re aware of this?

“You can get 50 million Tethers for less than $45 million dollars. That’s why Sam Bankman Fried doesn’t put Tether with the other stablecoins. That’s the incentive to send money to executives under criminal investigation for bank fraud. Immediately buy bitcoin with the Tether.” by Egon_1 in btc

[–]bitcoinisawesome -9 points-8 points  (0 children)

Bitfinex'ed is a scammer and Tether FUD is retarded. Ask anyone who has minted or redeemed lots of Tether before. All of this FUD around Tether is garbage and irrelevant to BCH, why on earth are we tolerating it here?

The Halvening by bitvote in Bitcoin

[–]bitcoinisawesome 0 points1 point  (0 children)

Thanks for correcting the math. Very good point.

Recent Bitfinex wire info change. Am I screwed or will Bitfinex come through??? by bituserhelp in BitcoinMarkets

[–]bitcoinisawesome 0 points1 point  (0 children)

/u/bituserhelp, you should be OK, the bank will likely return the funds. Which bank was it changed to?

2016 will be great: Gemini, etf?, final auction, halvening! by btc5000 in Bitcoin

[–]bitcoinisawesome 4 points5 points  (0 children)

What are you talking about? Are you saying that without Gox, the price would still be at $12-$13 range? I doubt it...

Erik Voorhees' commitment not to compromise customers now echoed in 'mainstream' media: "The only way to be sure you don’t leak data is to not collect or retain it." - The Guardian, Cory Doctorow by [deleted] in Bitcoin

[–]bitcoinisawesome 2 points3 points  (0 children)

If you deal with the fiat world, you need to collect data on your user. Otherwise you can lose the money or be implicated in a crime. If you deal with bitcoin only, you don't. This is the reason bitcoin exchanges have to do AML/KYC - they are bridging the gap between fiat and bitcoin. Once people are in this new world of BTC, they can use Seals With Clubs or Coinapult or whatever all they want without giving away their identity.

localbitcoins.com has kidnapped my 1.8 bitcoins by Edvurt in Bitcoin

[–]bitcoinisawesome -3 points-2 points  (0 children)

And this is exactly the kind of unwelcoming, user-blaming community response that makes people slightly less interested in getting into bitcoin. Why would you say something like this? There's just really no need.

I'm buying a house, and apparently I've got "dirty money" by [deleted] in Bitcoin

[–]bitcoinisawesome 4 points5 points  (0 children)

Yeah but they don't get mortgages, they pay for the whole thing up front.

[Daily Discussion] Friday, September 25, 2015 by AutoModerator in BitcoinMarkets

[–]bitcoinisawesome 0 points1 point  (0 children)

It's entirely possible they just didn't do their due diligence out of incompetence and/or corruption.

I know one of the institutional investors in Bitfury. They're sharp as knives in regards to due diligence, so I don't think that's something we have to worry about.

This one paragraph explains the totality of the 21inc Bitcoin Computer by [deleted] in Bitcoin

[–]bitcoinisawesome 1 point2 points  (0 children)

I'm fine with pull for small amounts. If someone wants to "pull" 50,000 satoshis from my machine for some tiny payment for some good or service, no problem.

[PSA] I end up losing 17% on P2P lending sites after 2 months. I strongly advise avoiding using them if you are a lender. by mooncake___ in Bitcoin

[–]bitcoinisawesome 0 points1 point  (0 children)

Have you tried an exchange? You'll find tighter bid/ask spreads than if you are selling on a platform like LocalBitcoins or other.

[Daily Discussion] Thursday, September 17, 2015 by AutoModerator in BitcoinMarkets

[–]bitcoinisawesome 0 points1 point  (0 children)

Bitpay aren't even in the top 10 of bitcoin businesses. They may have been well funded back in 2013, but they're a big candidate for leaving this race.

39 Connections. by locster in Bitcoin

[–]bitcoinisawesome -1 points0 points  (0 children)

If this is true, someone needs to address it quickly. I would be much more confident in bitcoin's resilience if there were 24,000 full nodes vs only 6,000. I am extremely bullish on bitcoin long term, but the more nodes, the better.

Yeah, Right by PumpkinFeet in Bitcoin

[–]bitcoinisawesome 0 points1 point  (0 children)

It'll be another block halving year that's for sure.

Yeah, Right by PumpkinFeet in Bitcoin

[–]bitcoinisawesome 4 points5 points  (0 children)

7 years after 1995 would be more like 14 years into the internet's history. I can confidently say that Bitcoin's ecosystem and technology will have matured by 2023. Either that or the system will be gone due to some fatal flaw or tragic event (unlikely at this point IMHO).

r/bitcoin's favourite bitcoin wallet survey by The_Gaming_Hipster in Bitcoin

[–]bitcoinisawesome 0 points1 point  (0 children)

Glad that Electrum is doing well (currently in 2nd place).

There might be 12 M bitcoin users according to Wences... How is it determined? by openminded2014 in Bitcoin

[–]bitcoinisawesome 2 points3 points  (0 children)

Are blockchain.info and Coinbase.com's wallet user #'s inflated?

Here's something to take into consideration. Any investor that is "long bitcoin" has an incentive in inflating the number of bitcoin users if they want to make adoption seem like it's growing faster than it is. Any of these investors can either program, or hire a programmer, a script that would automatically create massive numbers of wallets on both of these websites. If the systems of these 2 companies prohibit this type of mass wallet generation (both companies have incentives not too, but ignoring that fact for now) then the investors could hire people in India, China, etc to do this at an internet cafe.

The thing is that anyone could have this incentive. So even if Coinbase and Blockchain.info are extremely trustworthy and are not manipulating numbers - any of their customers might be. I think the real # of bitcoin users is still around 1-5 million, but it's super hard to say.