Saturday, 29 October 2022

Things to do after setting up a Bitcoin/Lightning node

Hi There,

After lurking here for years, here is what I did:

  1. Setup a Bitcoin node
  2. Setup Lightning node
  3. Established a Lightning channel with another buddy of mine.
  4. practised some Bitcoin commands

What comes next, I am into Application layer i.e. javascript/React and want to build on top of this. Like building an e-commerce store/any web app that allows to deposit sats into my node, how do I do that?

Thank you!

submitted by /u/ImaginaryMarsupial38
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Why You Should Care / world bank blogs 2014 y

Why You Should Care / world bank blogs 2014 y submitted by /u/wiwila
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Bitcoin Miners Capitulating with Joey, Co-Host CBP - State of Bitcoin Ep. 46

Bitcoin Miners Capitulating with Joey, Co-Host CBP - State of Bitcoin Ep. 46 submitted by /u/Fit_Rooster2702
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Sam (Swan Bitcoin) on potential Bitcoin regulation; why DCA; self-custody; and the upcoming bull market

Sam (Swan Bitcoin) on potential Bitcoin regulation; why DCA; self-custody; and the upcoming bull market submitted by /u/CoinCompassBTC
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EU Introduces Kill Switch in Data Act: Crypto Space Expresses Concern

EU Introduces Kill Switch in Data Act: Crypto Space Expresses Concern submitted by /u/FeliceHargrove
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source https://www.reddit.com/r/btc/comments/yfwp5d/eu_introduces_kill_switch_in_data_act_crypto/

Friday, 28 October 2022

How To Send And Receive Bitcoin Privately

How To Send And Receive Bitcoin Privately submitted by /u/Bitcoin_Freedom
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Clever Bit of Small Blocker BTC Propaganda

Clever Bit of Small Blocker BTC Propaganda

Church of Blockstream LOL

https://www.youtube.com/watch?v=bIuMdj_FE_E

Some good quality content, then the comedic moment comes where they depict the blocksize war. It portrays UASF/Segwit as "the revolution of the small guy against the corporate miners". Of course this is completely backwards, Segwit/Lightning was the culmination of the Blockstream takeover of the BTC project.

submitted by /u/wtfCraigwtf
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source https://www.reddit.com/r/btc/comments/yf3604/clever_bit_of_small_blocker_btc_propaganda/

My bumper sticker to shake the normies

My bumper sticker to shake the normies submitted by /u/scottonfire
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BTC con mining: Core Scientific's stock tanks 75% as troubled bitcoin miner floats bankruptcy

BTC con mining: Core Scientific's stock tanks 75% as troubled bitcoin miner floats bankruptcy submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/yezp53/btc_con_mining_core_scientifics_stock_tanks_75_as/

The Twitter deal closed. Does Michael Saylor's solution to the bot problem (a one-time Bitcoin deposit via lightning networking) have any chance of being implemented?

The Twitter deal closed. Does Michael Saylor's solution to the bot problem (a one-time Bitcoin deposit via lightning networking) have any chance of being implemented? submitted by /u/PodClips
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Thursday, 27 October 2022

Avoid Tether Exchanges

Avoid Tether Exchanges submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/yeb5yx/avoid_tether_exchanges/

"Just an FYI @PayPal put the $2,500 fine back into its terms of service as soon as the outcry died down. Please retweet to raise awareness. Maybe this was just another accident."

"Just an FYI @PayPal put the $2,500 fine back into its terms of service as soon as the outcry died down. Please retweet to raise awareness. Maybe this was just another accident." submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/ye8qgt/just_an_fyi_paypal_put_the_2500_fine_back_into/

Grayscale (GBTC): Eyeing Discount To NAV & Handicapping Grayscale's Bitcoin Trust Lawsuit

submitted by /u/puck2
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Bull run has started 😄

Bull run has started 😄 submitted by /u/Invest_Fincake
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Bitcoin Bollinger Band Breakout Starts To Squeeze Shorts | BTCUSD Analysis October 26, 2022. 👀👀

Bitcoin Bollinger Band Breakout Starts To Squeeze Shorts | BTCUSD Analysis October 26, 2022. 👀👀 submitted by /u/Long-Summer2020
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source https://www.reddit.com/r/btc/comments/ye70w8/bitcoin_bollinger_band_breakout_starts_to_squeeze/

Wednesday, 26 October 2022

Bitcoin Technical Analysis for October 26 , 2022 - BTC

Bitcoin Technical Analysis for October 26 , 2022 - BTC submitted by /u/TRAcademy
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source https://www.reddit.com/r/btc/comments/ydf1r8/bitcoin_technical_analysis_for_october_26_2022_btc/

Good Question: "Why does every second BTC company work on stablecoins these days?"

Good Question: "Why does every second BTC company work on stablecoins these days?" submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/yde7cg/good_question_why_does_every_second_btc_company/

UK Lawmakers Vote to Recognize Crypto as Regulated Financial Instruments

UK Lawmakers Vote to Recognize Crypto as Regulated Financial Instruments submitted by /u/New-Base-6316
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The reason we need Bitcoin. Governments just print more fiat.

The reason we need Bitcoin. Governments just print more fiat.

“The problem with central bank losses are not the losses per se -- they can always be recapitalized -- but the political backlash central banks are likely to increasingly face,” said Jerome Haegeli, chief economist at Swiss Re.

https://preview.redd.it/d1522vk6lxv91.jpg?width=705&format=pjpg&auto=webp&s=54c1398849c176455a579707854187ae76e35f68

submitted by /u/ElectricalEnd1066
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How To Buy Bitcoin Anonymously: The Complete Privacy & Security Guide

How To Buy Bitcoin Anonymously: The Complete Privacy & Security Guide submitted by /u/Cocopoppyhead
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Umbrel 0.5.2 is here with Community App Stores, Tor access toggle, search in app store, and more

Umbrel 0.5.2 is here with Community App Stores, Tor access toggle, search in app store, and more submitted by /u/mayankdotch
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By owning Bitcoin,you own ur own bank.

When will the whole world realise that bitcoin is the future of money,with bitcoin you can securely and privately transfer value to anyone in the world without having to ask a middleman (bank) to help you do that. When will people understand that banks are private institutions and bitcoin is the peoples money?

submitted by /u/pleasantures
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Chinese 'Spies' Used Wasabi Wallet to Try to Conceal Bitcoin Bribes, Elliptic Says

Chinese 'Spies' Used Wasabi Wallet to Try to Conceal Bitcoin Bribes, Elliptic Says submitted by /u/soggy_freestyle08
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source https://www.reddit.com/r/btc/comments/ydclzl/chinese_spies_used_wasabi_wallet_to_try_to/

Tuesday, 25 October 2022

ka-ching!

ka-ching! submitted by /u/user4morethan2mins
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source https://www.reddit.com/r/btc/comments/yco5l2/kaching/

Open Sourcing The BITCOIN YouTube Channel to Developers, Educators, Creatives & Bitcoiners

Open Sourcing The BITCOIN YouTube Channel to Developers, Educators, Creatives & Bitcoiners submitted by /u/Fiach_Dubh
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when you want to invest in altcoins for the first time

when you want to invest in altcoins for the first time submitted by /u/ExtrovertedReaction
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source https://www.reddit.com/r/btc/comments/yclnub/when_you_want_to_invest_in_altcoins_for_the_first/

SLP426 Morgen Rochard Why You Want to Live in a Bitcoin World

SLP426 Morgen Rochard Why You Want to Live in a Bitcoin World submitted by /u/stephanlivera
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"Fractional reserve is back! - a critical examination of the "crypto revolution" and where we took the wrong turn"

submitted by /u/gr8ful4
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source https://www.reddit.com/r/btc/comments/ycjd6b/fractional_reserve_is_back_a_critical_examination/

Electron Cash UI redesign Flipstarter ITERATION 2: lower costs, narrower scope, more concrete deliverables

Electron Cash UI redesign Flipstarter ITERATION 2: lower costs, narrower scope, more concrete deliverables submitted by /u/AD1AD
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source https://www.reddit.com/r/btc/comments/yciljm/electron_cash_ui_redesign_flipstarter_iteration_2/

Monday, 24 October 2022

Cost of producing 1 btc

The title says it all. Is there any resource that tracks the cost of producing one btc in term of electricity as well as machine cost? In real time and historically?

Is there any such tool for other cryptos?

submitted by /u/Prometheus_miners
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source https://www.reddit.com/r/btc/comments/ybtjqn/cost_of_producing_1_btc/

App tha allows you to make Fiat payable bitcoin invoices.

Does anybody know if an app exists that allows me to send a payment request that can be payed in fiat but is recieved by me in btc?

I want people to pay me in bitcoin but al lot of times they cant be bothered to set up wallet or download an app buy some btc themselves and pay me with it.

Love to hear

submitted by /u/Panemetcirenses
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Small Bitcoin investors stop whales from crashing BTC price below $18K

Small Bitcoin investors stop whales from crashing BTC price below $18K submitted by /u/willdotit
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source https://www.reddit.com/r/btc/comments/ybsh5d/small_bitcoin_investors_stop_whales_from_crashing/

Blockchain .com are thieves

Hi fellow BTCers,

Having issues with BLOCKCHAIN .COM, I am aware that this is a common theme in the realm of things - as it seems that they simply do not care.

  1. 2 transactions equating to approx. $800 total.
  2. Reset my trading wallet with seed phrase.
  3. Tried to send crypto out of my account.
  4. They froze the account functionality (message - account restricted).
  5. Customer service have stopped responding and have not given any explanation for over 3 months.

Is there anything I can do ?

Worst experience I've ever had in the history of crypto for years.

I DO NOT KEEP MONEY on exchanges - I SIMPLY MADE a transaction on there, and they just took my money in broad daylight...

submitted by /u/Potential_Level9665
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“Freeway halted all platform withdrawals. They also wiped the names of all team members from their website. It looks like it's over. Another $100m+ rug.“

“Freeway halted all platform withdrawals. They also wiped the names of all team members from their website. It looks like it's over. Another $100m+ rug.“ submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/ybpwu9/freeway_halted_all_platform_withdrawals_they_also/

my own ideas to start building a passive income with crypto

as days passed I became more and more concerned about how I could possibly earn any realistic amount of passive income with crypto that wasn't barred with inaccessibility issues for those that didn't have the right amount of funds to start and I came out with some possible ideas that I will list down below just to discuss with you guys how I could possibly start building a realistic way to earn passive income with crypto assets, but almost al methods appears to be impossible to achieve, let alone unrealizable:

token burning: I've heard people started burning tokens just to be able to earn a specific transactions within' the proof of burn method, but generating tokens is currently impossible without owning at least some small amounts of crypto coins (ETH in particular) and using a weaker computer to generate them so what's the alternative?

NFT minting: currently you need to have at least some smaller amounts of crypto tokens in your wallet and it is impossible to start profiting as a total beginner in the first place. Gas fees aren't ETH, possibly there are other ways various blockchains implement their own versions of NFTs but I haven't checked them (possibly they are structured in the same way).

running a lightning node: possibly the most practical way to earn passive income (even the tiny nation of El Salvador uses them). I don't care if it's not profitable but the catch is that most software used to manage lightning nodes are on ARM and not on x86, I wonder how possible is it to run and build your own scripts from scratch on x86_64 computers.

setting up a custodial wallet: you could theoretically start your own custodial wallet in order to host other people crypto assets in exchange for a fee. But it's not actually an easy thing to do since there would be problems by others trusting you and your account, I guess there are indeed some kind of software capable of automating this process on either linux or windows, but I ain't currently aware about them.

announcement mining: possibly one of the most "esoteric" forms of mining I've ever heard at the moment. you don't mine for blocks, you mine the so-called "announcements" from your computer. I only ever seen it being used in PKTcash and nothing else.

submitted by /u/Unique_Lake
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source https://www.reddit.com/r/btc/comments/ybr3ap/my_own_ideas_to_start_building_a_passive_income/

Sunday, 23 October 2022

The tyrants are afraid of bitcoin!

The tyrants are afraid of bitcoin! submitted by /u/Background-Equal-119
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Found this LibertyX receipt from 2015

Found this LibertyX receipt from 2015 submitted by /u/TerminallyTrill
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Experience with Blue Wallet?

Experience with Blue Wallet?

This review talks about setting up 'watch wallets' i.e. read only wallets in Blue looking at your hardware wallet. Seems like a great idea. Anyone set this up?

submitted by /u/Timato1234
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Peter Schiff: The worst market crash in 50 years has already started

Peter Schiff: The worst market crash in 50 years has already started submitted by /u/Basalticerbium
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Should I buy or That was so close is there a lower bottom and 19,000?

submitted by /u/Any-Dimension-7965
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source https://www.reddit.com/r/btc/comments/yavknh/should_i_buy_or_that_was_so_close_is_there_a/

Cost of BTC mining in USA

Cost of BTC mining in USA submitted by /u/Timato1234
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Bitcoin node wallet import to Sparrow Wallet.

I was considering adding my Citadel/Umbrel node wallet to Sparrow Wallet using my seed words as I was thinking of using coinjoin straight to this wallet. Is this a bad idea? My gut says yes but not really sure why? Please educate me as a noob.

submitted by /u/SpectaularMediocracy
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