Here's How to Check If a Bitcoin Address Is a Scam ...

Legitimate Uses of Bitcoins and the Dark Government

Legitimate Uses of Bitcoins and the Dark Government submitted by frankenmint to Bitcoin [link] [comments]

12-20 15:24 - 'There is mining rental. [link] / You legitimately rent some hashrate and point it to a pool. It's not profitable. Can be used to test something, buying like 6 hours of miner time.' by /u/jenny82ishere removed from /r/Bitcoin within 399-409min

'''
There is mining rental. [link]1
You legitimately rent some hashrate and point it to a pool. It's not profitable. Can be used to test something, buying like 6 hours of miner time.
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: jenny82ishere
1: www.mini*g*igren**ls.*o*
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Description on Blockstream's Lightning Stickers for sale: "Show the world that you were one the first people to use Lightning on mainnet for a legitimate purchase…if it works. It’s a badge of honor for Bitcoin’s most reckless!"

Description on Blockstream's Lightning Stickers for sale: submitted by BlakeNomad to btc [link] [comments]

Bitcoin at $140 .. Litecoin at $4 ... This isn't good IMO

I feel like a correction is imminent.. Who knows if it'll be today or when, but this isn't right. I'm sure everyone feels it. Ask yourself, what do you think bitcoin is worth? Many people will say around $70...
Litecoin... I can't even comprehend why it was worth 50 cents, let alone $4 now?
Please tell me, i'm not the only one that feels uneasy?
I feel these huge price fluctuations are going to hurt the legitimate uses of bitcoin in the short term.
Edit: I just don't want to see a crash after a wide adoption that leaves news headlines saying, BITCOIN PONZI SCHEME
submitted by fuzzy335 to Bitcoin [link] [comments]

Bitcoin is not about fraud and extortion! Let's compile a list of Bitcoin's legitimate uses so I can present it at this meeting.

Bitcoin is not about fraud and extortion! Let's compile a list of Bitcoin's legitimate uses so I can present it at this meeting. submitted by Iron-x to Bitcoin [link] [comments]

Ohio's state Treasurer Josh Mandel after allowing businesses to pay taxes using Bitcoin: “I do see [bitcoin] as a legitimate form of currency.”

Ohio's state Treasurer Josh Mandel after allowing businesses to pay taxes using Bitcoin: “I do see [bitcoin] as a legitimate form of currency.” submitted by Blockfolio to Bitcoin [link] [comments]

Europol Discusses Bitcoin as Store of Value and Payment Method With the Industry

This is the best tl;dr I could make, original reduced by 56%. (I'm a bot)
According to the agency's announcement on Wednesday, among the topics discussed this year was the use of cryptocurrencies such as bitcoin as a store of value and as a legitimate payment method.
Another interesting topic covered was the legitimate use of Bitcoin technology, including the use of cryptocurrencies as a store of value, and as a payment method for legitimate goods and services.
Many Bitcoin companies were chosen to attend because they specialize in "Facilitating the lawful use of virtual currencies by providing online exchange, payment processing or wallet services." According to Europol, the industry experts that attended include Bitcoin.
A 2015 European Commission report detailed how bitcoin has two features as a store of value, which differ substantially from traditional currencies.
They are "Non-inflationary supply and cyber security." The author wrote, "Bitcoin is the protection against inflation as a safe haven from government interference." However, as a store of value, the report noted that "Bitcoin sensitivity to cyber-attacks and thefts reduces trust in bitcoin as a currency and hence impedes its growth and chances of becoming a global currency."
Then in May this year, the European Parliament's Directorate-General for Internal Policies report stated that "Once trading of the digital currency in exchange for sovereign currency begins, there will be a positive market price or exchange rate." In addition, the report detailed "With digital currencies becoming more popular as a medium of exchange and also as a store of value, various asset substitutions take place. Households will reduce their cash holdings as they will start to make some payments with the digital currency."
Summary Source | FAQ | Feedback | Top keywords: currency#1 bitcoin#2 store#3 value#4 Europol#5
Post found in /Bitcoin, /btc, /BitcoinAll and /CryptoCurrency.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

*Changing* the blocksize limit | Chris Priest | Aug 06 2016

Chris Priest on Aug 06 2016:
Because the blocksize limit is denominated in bytes, miners choose
transactions to add to a block based on fee/byte ratio. This mean that
if you make a transaction with a lot of inputs, your transaction will
be very big, an you'll have a to pay a lot in fees to get that
transaction included in a block.
For a long time I have been of the belief that it is a flaw in bitcoin
that you have to pay more to move coins that are sent to you via small
value UTXOs, compared to coins sent to you through a single high
values UTXO. There are many legitimate uses of bitcoin where you get
the money is very small increments (such as microtransactions). This
is the basis for my "Wildcard inputs" proposal now known as BIP131.
This BIP was rejected because it requires a database index, which
people thought would make bitcoin not scale, which I think is complete
malarkey, but it is what it is. It has recently occurred to me a way
to achieve the same effect without needing the database index.
If the blocksize limit was denominated in outputs, miners would choose
transactions based on maximum fee per output. This would essentially
make it free to include an input to a transaction.
If the blocksize limit were removed and replaced with a "block output
limit", it would have multiple positive effects. First off, like I
said earlier, it would incentivize microtransactions. Secondly it
would serve to decrease the UTXO set. As I described in the text of
BIP131, as blocks fill up and fees rise, there is a "minimum
profitability to include an input to a transaction" which increases.
At the time I wrote BIP131, it was something like 2 cents: Any UTXO
worth less than 2 cents was not economical to add to a transaction,
and therefore likely to never be spent (unless blocks get bigger and
fee's drop). This contributes to the "UTXO bloat problem" which a lot
of people talk about being a big problem.
If the blocksize limit is to be changed to a block output limit, the
number the limit is set to should be roughly the amount of outputs
that are found in 1MB blocks today. This way, the change should be
considered non-controversial. I think its silly that some people think
its a good thing to keep usage restricted, but again, it is what it
is.
Blocks can be bigger than 1MB, but the extra data in the block will
not result in more people using bitcoin, but rather existing users
spending inputs to decrease the UTXO set.
It would also bring about data that can be used to determine how to
scale bitcoin in the future. For instance, we have no idea how the
network will handle blocks bigger than 1MB, simply because the network
has never seen blocks bigger than 1MB. People have set up private
networks for testing bigger blocks, but thats not quite the same as
1MB+ blocks on the actual live network. This change will allow us to
see what actually happens when bigger blocks gets published.
Why is this change a bad idea?
original: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2016-August/012939.html
submitted by dev_list_bot to bitcoin_devlist [link] [comments]

Captain of Industry has bitcoin use case that enables hundreds of thousands of people to do legitimate business. Keeps it secret because, 'that's how Bitcoin things are'.

submitted by boof_de_doof to Buttcoin [link] [comments]

Description on Blockstream's Lightning Stickers for sale: "Show the world that you were one the first people to use Lightning on mainnet for a legitimate purchaseif it works. Its a badge of honor for Bitcoins most reckless!"

Description on Blockstream's Lightning Stickers for sale: submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Bank Indonesia affirms that virtual currencies, including Bitcoin, are not recognized as legitimate instrument of payment, therefore not allowed to be used

Bank Indonesia affirms that virtual currencies, including Bitcoin, are not recognized as legitimate instrument of payment, therefore not allowed to be used submitted by thumbsdrivesmecrazy to Bitcoin [link] [comments]

02-03 22:43 - 'This is why you use QuadrigaCX! The benefits of a longstanding legitimate exchange means you get all the banking inputs and outputs. (Ref [[link]])' by /u/iJeff removed from /r/Bitcoin within 4-14min

'''
This is why you use QuadrigaCX! The benefits of a longstanding legitimate exchange means you get all the banking inputs and outputs. (Ref [[link]2 )
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: iJeff
1: ww*.qua*r*gacx***m*?r*f=zhys4m4*g0a3t2sj*c01*w*z 2: *w****adr*gacx.com]^^1
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

12-08 10:02 - 'I will refer you to a legitimate tool of hack which has the ideas And the logics which he will make use ethically in recovering your lost BTC quickly for you. He can be reached at [email protected] and there...' by /u/guitarpromaniac removed from /r/Bitcoin within 41-51min

'''
I will refer you to a legitimate tool of hack which has the ideas And the logics which he will make use ethically in recovering your lost BTC quickly for you. He can be reached at [email protected] and there will be proofs provided for the recovery work . Stay safe .
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: guitarpromaniac
submitted by removalbot to removalbot [link] [comments]

Trying to give bitcoin the benefit of the doubt (via iPhone) but prepaid cards don't seem to work with bitcoin apps that I use. The first legitimate app that works with prepaid will have me for life.

It's very frustrating to join in on something everyone is buzzing about being "easy" when it takes 3-6 hours to figure out how to put money into Bitcoin.
I have coinbase, but it won't work with my prepaid card. Circle looks like the right move but it requires me to update my entire phone (in otherwords, no deal).
I really really really want to take this seriously, but this is the same two-step I've seen from other sketchy early adoption systems; the "hey join us it's easy" followed by "I never said it was easy, you're fucked, sucks to be you, bye".
Someone throw me an app that works with prepaid cards without updating my iPhone to some supremely fucked up update that kills everything else on my phone. If anyone knows an app that takes prepaid cards I'll be in immediately, as of now I'm essentially locked out till further notice.
Better yet, is there a PHYSICAL location where I could buy or transfer money for bitcoin? Is there a "fast-track"? I'm about to just hand money to some guy on the street since he'll likely know more about transferring to bitcoin than the majority of people who've attempted to fix this in Tech Support lines for my cards.
submitted by GRZZ_PNDA_ICBR to BitcoinBeginners [link] [comments]

Blockchain.info advertised a scam bitcoin investment site called Hashprinme.com as one of its partners, allowing it to steal over $100,000 USD simply by using Blockchain's reputation to mislead its victims as a legitimate investment company...SHAME ON YOU, BLOCKCHAIN!

Has anyone here invested with Hashprime after finding it through Blockchain.info? Please share your experiences.
submitted by henryz219 to Bitcoin [link] [comments]

Ohio's state Treasurer Josh Mandel after allowing businesses to pay taxes using Bitcoin: I do see [bitcoin] as a legitimate form of currency.

Ohio's state Treasurer Josh Mandel after allowing businesses to pay taxes using Bitcoin: I do see [bitcoin] as a legitimate form of currency. submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Department of Homeland Security Source Validates Bitcoin’s Legitimate Use Cases

Department of Homeland Security Source Validates Bitcoin’s Legitimate Use Cases submitted by CryptoCurrencyNews to CryptoCurrency [link] [comments]

I have no faith in the college admissions process anymore

They said we're looking for unique students, so here I am.
I'm unique in the sense that I don't let John Stewart and Stephen Colbert's obnoxious personas define my way of arguing, opinion formation, and the like. I like to think it reflected in my interactions with adults and teachers.
Speaking of teachers - from the get go, they noticed that I was more mature than the rest of my peers. I didn't speak condescendingly in these regards but it's worth noting.
They call me ambitious with qualities of leadership. No UNICEF chapter president for me, thanks. I pave my own path by starting my own nonprofit and making it awesome, helping half a million people after two years.
There's so much more to who I am, something that can't be defined by the school or the grades on my high school transcript. Others can vouch for me on this - I'm a dreamer, a seeker of knowledge. I don't take anything at face value - I look deeper for the truth. All the way from the lesbian waiter who was actually full of shit to the legitimate uses of Bitcoin aside from drug purchases. I learn, I gather, I create, I evolve myself to become a better person for the sake of being better.
But yeah, I'm not all that perfect. My grades aren't perfect. What do you expect when you're given the two hardest AP English teachers in the school two years in a row? I wish they accounted for that on the transcript. Maybe then it would put my B's in context. I took the full challenge - the hardest classes for every subject. I know it doesn't define me, but if I can do something to help my future, in this case that future being college admission, so be it. You won't see any "easy A" classes like "Film Appreciation" on my slips of paper that spout A's and B's.
I had the unique personality. I paved my own way as far as leadership shows. I separated myself from even the "gen x" normal peers and became my own unique person.
And yet, you lost what little respect I had for you. Brown =look at the kids you accepted from this area and you've got someone so unaware of the world around him that he thinks PETA are a legitimate people without any hypocricy. He's nothing but a human database. That girl who cheated her way through prep school and, through a five minute conversation with her, makes you question the prep school's decision about her? MIT class of 2019.
Adcoms, you chose some of the smartest kids in the country as well as some of the dumbest.
But now I realize it. I lived a lie all my life. I actually thought there were some decent peple sitting in a school's office of admissions. You've essentially reserved spots for legacies, athletic recruits, URM admits (including the black girl who bullied me since kindergarten. 1st tier school 2019), and all the other special cases. The remaining 10% is reserved for the kids who received national science medals before they turned 15. THEN it is a meritocracy, nothing holistic about it.
Fuck all of you. God. You've only served to liberate me. I swear one day I'll be big and I'll denounce your ways. The only people who legitimately need a higher education are doctors, and I'll make sure the medical class of 2039 don't apply to you.
submitted by itsmorninginaustrali to offmychest [link] [comments]

“Bitcoins are not illegal in and of themselves and have known legitimate uses.”

“Bitcoins are not illegal in and of themselves and have known legitimate uses.” submitted by RenegadeMinds to Shitstatistssay [link] [comments]

Another legitimate use case! "Slur is an open source, decentralized and anonymous marketplace for the selling of secret information in exchange for bitcoin."

submitted by dgerard to Buttcoin [link] [comments]

Bank Indonesia: virtual currencies, including Bitcoin, are not recognized as legitimate instrument of payment, not allowed to be used

Bank Indonesia: virtual currencies, including Bitcoin, are not recognized as legitimate instrument of payment, not allowed to be used submitted by thumbsdrivesmecrazy to btc [link] [comments]

Why the enemies of bitcoin used a social attack: "Ad hominem attacks on scientists are just as likely to undermine public faith in research as legitimate empirical critiques."

Why the enemies of bitcoin used a social attack: submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

the legitimate way online is bitcoin contact use on our ... Legitimate Uses Of Cryptocurrency - with Chris Guida Help! Are BitCoins Legitimate Currency? - YouTube 5 legitimate way to get free bitcoin The Legitimacy of Bitcoin - Part 1

While the above uses are special-interest uses, the average bitcoin user will simply use bitcoin to normal purchase goods from online (or even physical) retailers. As the bitcoin market size grows, this will become increasingly common – the monetary value of bitcoin will (theoretically) stabilize, consumers will want to spend their bitcoins, and retailers will see the benefits of accepting ... Bitcoin owners have fallen victim to targeted exchange hacks like Mt. Gox and Bitcoin-only investments and mining ventures that exist only to lure unsuspecting users into giving up a portion of their Bitcoin or some of their account’s security, only to have the contents of their wallet or investment stolen. Scams and fraud exist in traditional currency but are often settled, and the victim ... Bitcoin Bona Fide. Bitcoin is a digital currency based on the blockchain technology. It has no central management, doesn’t directly depend on any government regulation and uses advanced cryptography to provide trust between two or more anonymous users. ‘Coins’ are stored in the global blockchain network, instead of the traditional local ... It is reported that Bitcoin Trader is 100% legitimate and suitable for both new investors and experienced traders. ... There have been rumours that Trevor Noah uses Bitcoin Trader due to ads circulating around the internet about Trevor getting rich because of Bitcoin. It is public knowledge that Trevor Noahs source of wealth is his contract with The daily show and his comedy tours. Whether ... Bitcoin has 'many legitimate uses' Jump to media player Bitcoin's general counsel Patrick Murck says regulation would be an opportunity missed, ahead of a US meeting to discuss the potential risks ...

[index] [50945] [41448] [22655] [44141] [26381] [47949] [38717] [42821] [23208] [42032]

the legitimate way online is bitcoin contact use on our ...

contact use if any issues on our email ([email protected]) On Monday, the US Senate held its first ever hearing on Bitcoin, the virtual currency with a gross value of billions and an outlaw reputation. Full CSPAN vid... the basic of bitcoin and blockchain technology made simple to understand under the hood. how typical and non savvy people can be part of a truly and trustworthy network. of professional miners be ... Bitcoin and cryptocurrency still carry a stigma, promoted by Big Media, that their only uses are funding terrorism and buying drugs on the Dark Net. After the last bubble crashed in 2018, many ... Legit Trusted Bitcoin Investment Sites right here. This is the best most legit and trusted bitcoin investment site that will gladly pay you some free well earned bitcoin every 30 days! It's really ...

#