When friends and family ask me to tell them how much Bitcoin I hold

submitted by /u/fatwhodi [link] [comments]

Current feels after the “Elon bought BTC” day ~

submitted by /u/GbGb456 [link] [comments]

Interesting unintended consequence of high fees

This is not exactly an "attack" but it would be pretty frustrating for a new or inexperienced crypto user. Honestly I don't want anyone getting into crypto to have a bad experience, no matter what coin they are interested in.

This is from a post on the Trezor sub. User was sent BTC dust with a very low fee, then couldn't get is his own transaction to confirm because the wallet included the unconfirmed dust transaction in his:

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I figured out why transaction is uncofirmed. Because one of the dust transactions is unconfirmed too. So this is serious problem: Why Trezor web app included unconfirmed input in my transation and now I depend on when this shitty dust will be confirmed, if it ever will!

So there is an exploit. Send dust transaction to address know to be used by trezor user and which have some funds. And make this transaction unconfirmable, i.e. set zero fee. In this condition trezor web app in some reason uncludes unconfirmed dust transaction in input of a new transaction sent by trezor user. User gets unconfirmed forever transaction on inputs and so his transaction also doomed to be unconfirmed.

submitted by /u/Twoehy
[link] [comments]

source https://www.reddit.com/r/btc/comments/lfs8yj/interesting_unintended_consequence_of_high_fees/

Lightning network channels are starting to become impossible to open/close/route payments due to double digit fees.

This may be the last time you can withdraw your btc from lightning network before it is unwithdrawable for the bull run.

Once fees hit mid double digits, all lightning nodes will essentially be frozen.

You’ve been warned maxi’s.

submitted by /u/python834
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source https://www.reddit.com/r/btc/comments/lfsk1y/lightning_network_channels_are_starting_to_become/

Seeing the daily BCH transaction volume slowly creeping up on BTC...it really feels like being in a boxing ring with Mike Tyson who has been put into a straitjack hanging upside down.

BTC is going to get its ass handed to it.

submitted by /u/mrtest001
[link] [comments]

source https://www.reddit.com/r/btc/comments/lfrqy5/seeing_the_daily_bch_transaction_volume_slowly/

It never gets old..

submitted by /u/alvarosb [link] [comments]

After thinking a lot about it, I finally decided to sell some Bitcoin to buy a Tesla

submitted by /u/i_am_bartman [link] [comments]