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Nutcoin

Nutcoin - The Anti Scarcity Stabilized Currency
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Cryptocurrency Trading Game

The Crypto Trading Game is simulated cryptocurrency trading using real market prices. Each game has its own post in /CryptoTradingGame. The object of the game is to have the highest value portfolio before the game's end time. Everyone starts the game with $10,000 USD to trade as they wish.
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Crowdsourcing, Become a beggar, Donate, HELP THE BITCOIN ECONOMY

As the title describes. I'm going to get alot of downvotes but if anyone receives even a few bitcents I guess it helped the bitcoin economy somehow Leave your crowdsource ideas, ask for a little mBTC, spread your generosity to help the bit-conomy thrive
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So, how do I get the latest value of bitcoins in usd in my excel sheet automatically?

I'm doing profit/loss calculations for my investments. But the problem is that I need to manually update the price of bitcoins. That's tiring and the price keeps moving.
How do I get the latest value from gdax.com or similar website? Also the latest usd/inr exchange rate? Any advice is welcome.
submitted by svayam--bhagavan to libreoffice [link] [comments]

Can someone explain the percentage of money I profit from a rise in value of Bitcoin in USD? /r/Bitcoin

Can someone explain the percentage of money I profit from a rise in value of Bitcoin in USD? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

The combined estimated value of Bitcoins in USD is greater than that of my bank/credit union.

The credit union has 44,719 members, $271.1 Million assets, and 117 employees.
Niccccce.
submitted by SirBitster to Bitcoin [link] [comments]

The satoshi value of XRP today is at 1999. Its below 2000 sats for the first time in 2.5 years. Its USD price is 18.73 cents. XRP has fallen more than 50% relative to Bitcoin in the last one year. That's also how long this subreddit been up.

The satoshi value of XRP today is at 1999. Its below 2000 sats for the first time in 2.5 years. Its USD price is 18.73 cents. XRP has fallen more than 50% relative to Bitcoin in the last one year. That's also how long this subreddit been up. submitted by parakite to RippleScam [link] [comments]

08-31 07:57 - 'You know that the value of bitcoin isn’t measured is USD, right? Just because that’s what YOU compare it with to get a PRICE (as opposed to value) doesn’t mean that everyone else does. / If it’s all-time-high in another curr...' by /u/_Pohaku_ removed from /r/Bitcoin within 549-559min

'''
You know that the value of bitcoin isn’t measured is USD, right? Just because that’s what YOU compare it with to get a PRICE (as opposed to value) doesn’t mean that everyone else does.
If it’s all-time-high in another currency (as per the headline) then it’s likely an indication that the VALUE of that currency has gone way down and thus the PRICE of BTC in that currency has gone way up.
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: _Pohaku_
submitted by removalbot to removalbot [link] [comments]

Hello! I have questions as a new trader. First, I understand blue is profit and red is loss. My question is, how does everything get calculated in? I put in $100 USD worth of bitcoin and have been confused. How does it transfer in terms of these values. Has money been lost? Gained? What percent?

Hello! I have questions as a new trader. First, I understand blue is profit and red is loss. My question is, how does everything get calculated in? I put in $100 USD worth of bitcoin and have been confused. How does it transfer in terms of these values. Has money been lost? Gained? What percent? submitted by BootyWarrior8732 to Forex [link] [comments]

Bitcoin Won as Store of Value in Coronavirus Crisis — Hedge Fund CEO (current BTC/USD price is $8,831.99)

Latest Bitcoin News:
Bitcoin Won as Store of Value in Coronavirus Crisis — Hedge Fund CEO
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
submitted by coinsaladcom to CoinSalad [link] [comments]

Every time BTC goes up in price the value of my USD drops :( (x-post from /r/Bitcoin)

submitted by cccmod to CryptoCurrencyClassic [link] [comments]

Utility value of Bitcoin cannot function if it is treated as property by the IRS... it is money in every sense of the word and should be treated the same way as USD

We have to allow for parallel currencies.
submitted by the420chronicler to Bitcoin [link] [comments]

Real-life evidence of the breadown of Bitcoin's (BTC) security model.

SUMMARY

This post presents a simple procedure that permits: 1) the invalidation of a transaction recently sent by a payer to a payee, and; 2) the clawback of the coins associated with the transaction.
This proof allows us to infer the following: a) Corecoin/SegWitcoin's trustlessness model is irremediably crippled. In this post, we call Corecoin/Segwitcoin the version of Bitcoin forcibly and probably intentionally degraded by a Blockstream-influenced developer group (for those who know about the politics of Bitcoin repository, you know I am being polite) b) The current crippled version of Bitcoin is unusable/untrustworthy for on-chain exchange-of-value (a critical property of money). c) Any contraption that does not display a critical property of money is not money.
Q.E.D.: **Corecoin/Segwitcoin is not money.**
Any investment made under the belief that Bitcoin is money is unsound and should be reconsidered. The effect of this discovery on the fiat value of Bitcoin (in USD or Euros) is yet to be quantified.
/////////////////////////////
(long-read begins here, skip to DEMONSTRATION below if you are in a rush)

BACKGROUND

If we wanted to completely explain the reasoning underpinning every assertion of this demonstration, this post should be several thousands of words long. Therefore we will provide ample references throughout, and will leave it to the reader to fill in some blanks and discuss any flaws in the comments section. We are fully aware there are ample opportunities for nit-picking. C'est la vie. btw English is my 3rd spoken language, laugh with me of my flaws.
About Zero-Confirmation transactions (0-conf)
The original version of Bitcoin allowed for so-called "0-conf transactions". Although far from being perfectly secure, they allowed for the convenient and quick exchange of value between parties, at a reasonably and acceptable low risk, akin to that of currency forgery, in-person fraud and third-party processors charge backs. Here is a pertinent thread where Satoshi discusses this feature:
The 2 main features of 0-confirmation are: 1) A payer can spend his own change right away 2) Miners "generally" enforce "first-seen" policy - Optional, but they have an incentive to do so, and it's been indirectly but clearly demonstrated by some Peter Todd shenanigans with a Chinese miner.
Political bonus: Gavin Andresen and Tom Harding had devised a way to increase the security of 0-conf, but it was rejected by the Blockstream-influenced repository maintainers.
Suggested reading: On Zero Confirmation Transactions https://chrispacia.wordpress.com/2015/11/29/on-zero-confirmation-transactions/
About Replace by fee transaction (RBF)
After the briefly described political fiasco (above), Peter Todd managed to get RBF committed into the Bitcoin code. The thinking goes like this "The miners are rational profit maximizers: let them accept higher fees if people are offering it". That was the end of 0-conf in Corecoin/Segwitcoin.
Political bonus: It was at this point that Gavin Andresen and Mike Hearn were shunned and for all intent and purposes excluded from providing any meaningful development work for Bitcoin Core. A "standard operating procedure" still to this day: toe the party line, and you are made "incommunicado". Very convenient when Blocstream partisans "demonstrate" the absence of evidence of centralised control of the repository.
Typical rebuttal example: https://medium.com/@whalecalls/fud-or-fact-blockstream-inc-is-the-main-force-behind-bitcoin-and-taken-over-160aed93c003
What a bunch of bozos.
Remember folks: Absence of evidence =/= Evidence of absence!
/////////////////////////////

PRELUDE TO THE DEMO

The preceding section introduced a way to "double spend" a coin before its associated transaction is included in a block by a miner (RBF). Originally this "attack" vector also had a time constraint: since 95%+ of transactions were pickep-up in the very next block, speed was of the essence for the attacker. Not anymore.
Why?
Nowadays, it is not unusual for the mempool backlog to stay for extended periods of time above 40,000 transactions, with recent peaks way above 200,000 transactions. Assuming 2,500 transactions per block, this represents a backlog of 16 to 80 blocks. Naively assuming an even distribution of fees, the time required to process a transaction with an average fee is therefore 80 to 400 minutes + processing of incoming transactions. So: 80 to 400 minutes is an absolute best-case scenario (only a backlog, no incoming transacions). We could pull our fancy pencil and produce a detailled granulometry, but here it's not the point, the point is: 80 to 400 minutes is a long time, and most likely it will be days. I hope we all agree that a span of 80 minutes to several days is a long time to conduct an attack!
Bonus: I will spare you the story about the extension of the mempool's expiring delay, another blatant proof of Core's failure.
To witness the memory pool fiasco on the Corecoin/Segwitcoin chain (special thanks to nullc, please google: "Jochen mempool" or "Joehoe's mempool"
Remember folks: Time is money.
/////////////////////////////

DEMONSTRATION

I drank too much wine on Friday. Woke up groggy Saturday morning to this post on /btc:
"I've been hacked. How to cancel an unconfirmed transaction?" https://www.reddit.com/btc/comments/7ichli/ive_been_hacked_how_to_cancel_an_unconfirmed/ imgur: https://imgur.com/a/XQaNE
While trying to claim some "Bitcoin Diamond" (a scam coin), OP lost control of his private keys. Folks: please be very careful when you claim forked coins. Please do not ask me how to proceed, please search it on Google(Marxism), Reddit(Communist) or Bitcointalk(CensoredbyTheymos).
Fraudulent Transaction: https://blockchain.info/en/tx/c33f1a65aded13a42b18c659d88e3d7a215de9b05952facb4616be8e5b5c032b
From (OP): 1QBN1ESphxUXSVD9jox9QUtTBkrDZuw7Nc To (Diamond Fraudster): 1F8EP97jgQx8QD6XMRg2bCHHrJrZEMUTRt
After some trial and error, we used the following procedure:
1) Create a raw transaction on Coinb.in +New > Transaction > Paste From address (OP's) > Paste To address under OP's control > Enter amount > Enter much larger fee
2) Click Submit > Copy transaction hash
3) Sign transaction from point 2 +Sign > Paste in larger box > Paste private key as indicated
4) Click Submit > Copy signed transaction hash
5) Broadcast signed transaction from point 3 +Broadcast > Paste it in
6) Click Submit
Et voilà, it worked: https://blockchain.info/tx/4c50bf38337faee26df3f13163d532e5c96fe59d20d0b0f7ad105bf70aebf89d
Video reference: https://www.youtube.com/watch?time_continue=299&v=ycq7O48aPvQ
My discussion with OP: https://www.reddit.com/btc/comments/7ichli/ive_been_hacked_how_to_cancel_an_unconfirmed/dqxx7iu/ imgur: https://imgur.com/a/lIiFw
Special thanks to Peter Todd for breaking Bitcoin an allowing beta users, such as myself and OP to destroy Bitcoin security model. I weill be forever indebted.
Remember folks: Give credit where credit is due.
Do you wish Peter Todd (petertodd) and Greg Maxwell (nullc) did not break and cripple Bitcoin?
Do you wish you could use an unbroken and uncrippled version of Bitcoin?
Use BITCOIN CASH, the real, the true, the unadulterated version of Bitcoin, which stays true to the original tenets of Bitcoin, with 6 active developer teams (compare to centralised Corecoin / SegWitcoin, and its dictatorial "Reference client").

Bitcoin Cash is it folks!

submitted by Neutral_User_Name to btc [link] [comments]

Discussion: Do you guys/girls, really think it is right to value Bitcoin in terms of USD or any other fiat for that matter?

Ok, so I've been thinking for quite a while now, Bitcoin was created so that we could be freed from the clutches of the evil government and capitalists that control us from the shadows. (exaggerate much :P).
Anyhow, tbh, valuing Bitcoin in terms of USD or any fiat for that matter is wrong according to me.
Why?
For the most simple reason, fiat isn't backed by anything, it has no value, and is subject to INFLATION. USD is controlled by the FED and hence the value is as they see it fit. This does not give Bitcoin a fair value.
What gives Bitcoin fair value?
Now, I'm not much of an economist or have ever studied economics, I'm a humble engineer, but curious af.
So I was thinking, what if we could value Bitcoin is terms of gold? I know it sounds crazy and outlandish, but trust me, this is a good idea. You know there's always one of those times, where you know in your gut that you are on to something? This is one of those times.
I am also a year and a half old to crypto, so there could other posts or discussion that might have suggested this. I was doing an article on this, and thought where better to go than Reddit for weird/amazing/mind-blowing/fantastic/conspiracy ideas?
So please, do comment and let me know what you think?
Yay or Nay?
Don't be shy. Elaborate.
submitted by mahad3v9 to btc [link] [comments]

Bitcoin to altcoin a taxable transaction?

So I was thinking of getting some Bitcoin for the first time and then using some of that to buy altcoins. My initial thought was that there’d be no tax owed until converted to fiat because that just seemed to make sense. However, I just investigated and discovered this isn’t the case.
Now I’m confused about how to keep track of the tax implications of these transactions. If I purchase bitcoin it’s easy to figure out the cost basis, I’d just go by what I actually paid. But if I then use that bitcoin to buy an altcoin the following day I assume I have to keep track of the value of bitcoin in usd at the time of this new purchase to calculate any gain or loss. If so how am I supposed to determine this price when it’s constantly fluctuating every minute? Can I just pick the day’s low to minimize capital gains?
I haven’t seen much chatter about this aspect of cryptocurrency and it’s really confusing to me so I’m hoping you all can help me figure this out before I take the plunge.
submitted by Kurozatou to BitcoinBeginners [link] [comments]

Smoke/vape/hippy shop in my county has a bitcoin ATM for buying crypto or withdrawing cash to spend for crypto. It also tells you the current value of bitcoin to USD

Smoke/vape/hippy shop in my county has a bitcoin ATM for buying crypto or withdrawing cash to spend for crypto. It also tells you the current value of bitcoin to USD submitted by AdAstraEtCetera to mildlyinteresting [link] [comments]

Dec 19th we begin #10Bitcoins - Where I'll try to trade 10 Bitcoins to 60 Bitcoins, and $38,000 to $228,000 in 5 years. That's 500% profit in 5 years, both in terms of Bitcoins and USD - Fifth Trade, current value 11.5 BTC

Dec 19th we begin #10Bitcoins - Where I'll try to trade 10 Bitcoins to 60 Bitcoins, and $38,000 to $228,000 in 5 years. That's 500% profit in 5 years, both in terms of Bitcoins and USD - Fifth Trade, current value 11.5 BTC submitted by Bitcoin1776 to Bitcoin [link] [comments]

The Air Protocol Utilizing Bitcoin Air’s unique Air Protocol technology, users can choose to off chain the value of their Bitcoin Air, immediately locking in the USD value in relation to Carbon Credit Asset Backing https://bitcoinair.org/ #BitcoinAir #AirProtocol #LightAsAir #XAP

The Air Protocol Utilizing Bitcoin Air’s unique Air Protocol technology, users can choose to off chain the value of their Bitcoin Air, immediately locking in the USD value in relation to Carbon Credit Asset Backing https://bitcoinair.org/ #BitcoinAir #AirProtocol #LightAsAir #XAP submitted by denzkilim to ICOAnalysis [link] [comments]

My first Bitcoin transaction of $5USD worth of BTC was 18x the average size (I didn't know what I was doing lol) and was confirmed for 6 cents USD in 2016 (30 cents if you apply today's price). Today this transaction would have costed over $16USD (3x the actual value of the coins)

My first Bitcoin transaction of $5USD worth of BTC was 18x the average size (I didn't know what I was doing lol) and was confirmed for 6 cents USD in 2016 (30 cents if you apply today's price). Today this transaction would have costed over $16USD (3x the actual value of the coins) submitted by crypomonde34 to btc [link] [comments]

"I also apply the same rule to fiat currency: “never hold more than I can afford to lose”. I have more faith in the long term prospects of bitcoin than I do of the USD or EUR. Fiat loses value over time by design!"

submitted by Icc0ld to Buttcoin [link] [comments]

The Air Protocol. Utilizing Bitcoin Air’s unique Air Protocol technology, users can choose to off chain the value of their Bitcoin Air immediately locking in the USD value in relation to Carbon Credit Asset Backing https://bitcoinair.org/ #BitcoinAir #AirProtocol #LightAsAir #XAP

The Air Protocol. Utilizing Bitcoin Air’s unique Air Protocol technology, users can choose to off chain the value of their Bitcoin Air immediately locking in the USD value in relation to Carbon Credit Asset Backing https://bitcoinair.org/ #BitcoinAir #AirProtocol #LightAsAir #XAP submitted by denzkilim to ICOAnalysis [link] [comments]

Dec 19th we begin #10Bitcoins - Where I'll try to trade 10 Bitcoins to 60 Bitcoins, and $38,000 to $228,000 in 5 years. That's 500% profit in 5 years, both in terms of Bitcoins and USD - Fifth Trade, current value 11.5 BTC

Dec 19th we begin #10Bitcoins - Where I'll try to trade 10 Bitcoins to 60 Bitcoins, and $38,000 to $228,000 in 5 years. That's 500% profit in 5 years, both in terms of Bitcoins and USD - Fifth Trade, current value 11.5 BTC submitted by Bitcoin1776 to btc [link] [comments]

The #AirProtocol. Utilizing #BitcoinAir’s unique Air Protocol technology, users can choose to off chain the value of their Bitcoin Air, immediately locking in the USD value in relation to Carbon Credit Asset Backing. #LightAsAir #XAP https://bitcoinair.org/

submitted by denzkilim to Crypto_General [link] [comments]

Total USD value of Bitcoin is now greater than the USD value of Sterling in circulation.

submitted by ZiVViZ to ukpolitics [link] [comments]

Bitcoin crashes 37 percent in November, wiping $70 billion off of cryptocurrencies market value (current BTC/USD price is $3999.30289738)

Latest Bitcoin News:
Bitcoin crashes 37 percent in November, wiping $70 billion off of cryptocurrencies market value
Other Related Bitcoin Topics:
Bitcoin Price | Blockchain | ICOs
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
submitted by coinsaladcom to CoinSalad [link] [comments]

Bitcoin a Better Store of Value Than USD?  Joe DiPasquale & Sam Bankman-Fried Value of Bitcoin - YouTube Bitcoin BTC USD - Technical Analysis (OCT-05-2020) - YouTube Explained: What is the intrinsic value of Bitcoin? - YouTube How To Trade BTC Value vs USD Value Explained - BTC ...

The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin. Bitcoin USD price, real-time charts, bitcoin news and videos. Learn about BTC, crypto trading and more. Bitcoin Price Today. Die-hard BTC supporters believe that bitcoin is the future; we are just scratching the surface. Considering the continuous rise of bitcoin in the market capitalization, it is one investment every investor needs to take advantage of it. The current market capitalization of bitcoin stands at an all-time high of $109 billion. Its free thinking, and no advice. what is the real value of bitcoin? This is a long term view, as most are talking about 50K -100K bitcoin price, there is another side as well, which is the real value of bitcoin which would be really. what worth bitcoin? and i expecting that the real value of BTC are between 1800-2000 usd. all what above this price depending on hype and hope. and its possible ... Bitcoin Price (BTC USD): Get all information on the Bitcoin to US-Dollar Exchange Rate including Charts, News and Realtime Price.

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Bitcoin a Better Store of Value Than USD? Joe DiPasquale & Sam Bankman-Fried

Sam Bankman-Fried and Joe DiPasquale discuss Bitcoin's latest price movements, its potential to be a better store of value than the USD, and more. A technical analysis of Bitcoin USD including possible future price targets. Bitcoin USD (BTC-USD) Price Crypto at $10,559.92 +0.36%. How to invest with cryptocurrencies 👉 http://bit.do/bitcoinandcrypto A step-by-step walkthrough that shows when you should care about your altcoin's BTC price and when you should care about USD price. After Bitcoin's violent r... Every week, Stig Brodersen and Preston Pysh answer questions from their listeners and interview guests on their podcast show “We Study Billionaires.” The sho...

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