A minor Bitcoin miner injury? | ZDNet

Default English word list

Alright so, I took the default database from there https://skribbliohints.github.io/ and with the help of html, I extracted the words to a list separated by commas. It's useful when you want to translate those words into your native language.
Word of advice, when using google translate, do not put all words at once there, it can rapidly worsen the translation.
(And there is a last thing. Their algorithm of picking only custom words is not working really good, at least for me. Meaning that I often get duplicates, despite having a list this big and without duplicates. I'm still trying to find some solution to this, so if somebody is experiencing this as well, share the knowledge please, I will do the same.)
SOLUTION: Thanks for the reply from PepegaWR who identified the cause. I also tested it and there seems to be a custom words limit of 5000 characters. The easiest way in my opinion is to shuffle the words before each session to minimize the impact. Also thanks to the flynger who had the same idea before me :)
Finally, here it is, enjoy the scribbling ^^ :

ABBA, AC/DC, Abraham Lincoln, Adidas, Africa, Aladdin, America, Amsterdam, Android, Angelina Jolie, Angry Birds, Antarctica, Anubis, Apple, Argentina, Asia, Asterix, Atlantis, Audi, Australia, BMW, BMX, Bambi, Band-Aid, Barack Obama, Bart Simpson, Batman, Beethoven, Bible, Big Ben, Bill Gates, Bitcoin, Black Friday, Bomberman, Brazil, Bruce Lee, Bugs Bunny, Canada, Capricorn, Captain America, Cat Woman, Cerberus, Charlie Chaplin, Chewbacca, China, Chinatown, Christmas, Chrome, Chuck Norris, Colosseum, Cookie Monster, Crash Bandicoot, Creeper, Croatia, Cuba, Cupid, DNA, Daffy Duck, Darwin, Darwin Watterson, Deadpool, Dexter, Discord, Donald Duck, Donald Trump, Dora, Doritos, Dracula, Dumbo, Earth, Easter, Easter Bunny, Egypt, Eiffel tower, Einstein, Elmo, Elon Musk, Elsa, Eminem, England, Europe, Excalibur, Facebook, Family Guy, Fanta, Ferrari, Finn, Finn and Jake, Flash, Florida, France, Frankenstein, Fred Flintstone, Gandalf, Gandhi, Garfield, Germany, God, Goofy, Google, Great Wall, Greece, Green Lantern, Grinch, Gru, Gumball, Happy Meal, Harry Potter, Hawaii, Hello Kitty, Hercules, Hollywood, Home Alone, Homer Simpson, Hula Hoop, Hulk, Ikea, India, Intel, Ireland, Iron Giant, Iron Man, Israel, Italy, Jack-o-lantern, Jackie Chan, James Bond, Japan, JayZ, Jenga, Jesus Christ, Jimmy Neutron, John Cena, Johnny Bravo, KFC, Katy Perry, Kermit, Kim Jong-un, King Kong, Kirby, Kung Fu, Lady Gaga, Las Vegas, Lasagna, Lego, Leonardo DiCaprio, Leonardo da Vinci, Lion King, London, London Eye, Luigi, MTV, Madagascar, Mario, Mark Zuckerberg, Mars, McDonalds, Medusa, Mercedes, Mercury, Mexico, Michael Jackson, Mickey Mouse, Microsoft, Milky Way, Minecraft, Miniclip, Minion, Minotaur, Mona Lisa, Monday, Monster, Mont Blanc, Morgan Freeman, Morse code, Morty, Mount Everest, Mount Rushmore, Mozart, Mr. Bean, Mr. Meeseeks, Mr Bean, Mr Meeseeks, Mummy, NASCAR, Nasa, Nemo, Neptune, Netherlands, New Zealand, Nike, Nintendo Switch, North Korea, Northern Lights, Norway, Notch, Nutella, Obelix, Olaf, Oreo, Pac-Man, Paris, Patrick, Paypal, Peppa Pig, Pepsi, Phineas and Ferb, Photoshop, Picasso, Pikachu, Pink Panther, Pinocchio, Playstation, Pluto, Pokemon, Popeye, Popsicle, Porky Pig, Portugal, Poseidon, Pringles, Pumba, Reddit, Rick, Robbie Rotten, Robin Hood, Romania, Rome, Russia, Samsung, Santa, Saturn, Scooby Doo, Scotland, Segway, Sherlock Holmes, Shrek, Singapore, Skittles, Skrillex, Skype, Slinky, Solar System, Sonic, Spain, Spartacus, Spiderman, SpongeBob, Squidward, Star Wars, Statue of Liberty, Steam, Stegosaurus, Steve Jobs, Stone Age, Sudoku, Suez Canal, Superman, Susan Wojcicki, Sydney Opera House, T-rex, Tails, Tarzan, Teletubby, Terminator, Tetris, The Beatles, Thor, Titanic, Tooth Fairy, Tower Bridge, Tower of Pisa, Tweety, Twitter, UFO, USB, Uranus, Usain Bolt, Vatican, Vault boy, Velociraptor, Venus, Vin Diesel, W-LAN, Wall-e, WhatsApp, William Shakespeare, William Wallace, Winnie the Pooh, Wolverine, Wonder Woman, Xbox, Xerox, Yin and Yang, Yoda, Yoshi, Youtube, Zelda, Zeus, Zorro, Zuma, abstract, abyss, accident, accordion, ace, acid, acne, acorn, action, actor, addiction, addition, adorable, adult, advertisement, afro, afterlife, air conditioner, airbag, aircraft, airplane, airport, alarm, albatross, alcohol, alien, allergy, alley, alligator, almond, alpaca, ambulance, anaconda, anchor, angel, anglerfish, angry, animation, anime, ant, anteater, antelope, antenna, anthill, antivirus, anvil, apartment, apocalypse, applause, apple, apple pie, apple seed, apricot, aquarium, arch, archaeologist, archer, architect, aristocrat, arm, armadillo, armor, armpit, arrow, ash, assassin, assault, asteroid, astronaut, asymmetry, athlete, atom, attic, audience, autograph, avocado, axe, baboon, baby, back pain, backbone, backflip, backpack, bacon, bad, badger, bag, bagel, bagpipes, baguette, bait, bakery, baklava, balance, balcony, bald, ball, ballerina, ballet, balloon, bamboo, banana, bandage, bandana, banjo, bank, banker, bar, barbarian, barbecue, barbed wire, barber, barcode, bark, barn, barrel, bartender, base, basement, basket, basketball, bat, bathroom, bathtub, battery, battle, battleship, bayonet, bazooka, beach, beak, bean, bean bag, beanie, beanstalk, bear, bear trap, beatbox, beaver, bed, bed bug, bed sheet, bedtime, bee, beef, beer, beet, beetle, bell, bell pepper, bellow, belly, belly button, below, belt, bench, betray, bicycle, bill, billiards, bingo, binoculars, biology, birch, bird, bird bath, birthday, biscuit, bite, black, black hole, blackberry, blacksmith, blanket, bleach, blender, blimp, blind, blindfold, blizzard, blood, blowfish, blue, blueberry, blush, boar, board, boat, bobsled, bodyguard, boil, bomb, booger, book, bookmark, bookshelf, boomerang, boots, border, bottle, bottle flip, bounce, bouncer, bow, bowl, bowling, box, boy, bracelet, braces, brain, brainwash, branch, brand, bread, breakfast, breath, brick, bricklayer, bride, bridge, broadcast, broccoli, broken heart, bronze, broom, broomstick, brownie, bruise, brunette, brush, bubble, bubble gum, bucket, building, bulge, bull, bulldozer, bullet, bumper, bungee jumping, bunk bed, bunny, burglar, burp, burrito, bus, bus driver, bus stop, butcher, butler, butt cheeks, butter, butterfly, button, cab driver, cabin, cabinet, cactus, cage, cake, calendar, camel, camera, campfire, camping, can, can opener, canary, candle, canister, cannon, canyon, cap, cape, cappuccino, captain, car wash, cardboard, carnival, carnivore, carpenter, carpet, carrot, cartoon, cash, casino, cast, cat, catalog, catapult, caterpillar, catfish, cathedral, cauldron, cauliflower, cave, caveman, caviar, ceiling, ceiling fan, celebrate, celebrity, cell, cell phone, cello, cement, centaur, centipede, chain, chainsaw, chair, chalk, chameleon, champagne, champion, chandelier, charger, cheek, cheeks, cheerleader, cheese, cheeseburger, cheesecake, cheetah, chef, chemical, cherry, cherry blossom, chess, chest, chest hair, chestnut, chestplate, chew, chicken, chihuahua, child, chime, chimney, chimpanzee, chin, chinchilla, chocolate, chopsticks, church, cicada cigarette, cinema, circle, circus, clap, clarinet, classroom, claw, clay, clean, clickbait, cliff, climb, cloak, clock, cloth, clothes hanger, cloud, clover, clown, clownfish, coach, coal, coast, coast guard, coaster, coat, cobra, cockroach, cocktail, coconut, cocoon, coffee, coffee shop, coffin, coin, cola, cold, collapse, collar, color-blind, comb, comedian, comedy, comet, comfortable, comic book, commander, commercial, communism, community, compass, complete, computer, concert, condiment, cone, confused, console, continent, controller, conversation, cookie, cookie jar, copper, copy, coral, coral reef, cord, cork, corkscrew, corn, corn dog, corner, cornfield, corpse, cotton, cotton candy, country, cousin, cow, cowbell, cowboy, coyote, crab, crack, crate, crawl space, crayon, cream, credit, credit card, cricket, cringe, crocodile, croissant, crossbow, crow, crowbar, crucible, cruise, crust, crystal, cube, cuckoo, cucumber, cup, cupboard, cupcake, curry, curtain, cushion, customer, cut, cute, cyborg, cylinder, cymbal, dagger, daisy, dalmatian, dance, dandelion, dandruff, darts, dashboard, daughter, day, dead, deaf, deep, deer, defense, delivery, demon, demonstration, dent, dentist, deodorant, depressed, derp, desert, desk, desperate, dessert, detective, detonate, dew, diagonal, diagram, diamond, diaper, dice, dictionary, die, diet, dig, dinner, dinosaur, diploma, dirty, disaster, disease, dishrag, dispenser, display, diss track, distance, diva, divorce, dizzy, dock, doctor, dog, doghouse, doll, dollar, dollhouse, dolphin, dome, dominoes, donkey, door, doorknob, dots, double, dough, download, dragon, dragonfly, drain, drama, drawer, dream, dress, drink, drip, drive, driver, drool, droplet, drought, drum, drum kit, duck, duct tape, duel, dwarf, dynamite, eagle, ear, earbuds, earthquake, earwax, east, eat, echo, eclipse, eel, egg, eggplant, elbow, elder, election, electric car, electric guitar, electrician, electricity, elephant, elevator, embers, emerald, emoji, employer, emu, end, engine, engineer, equator, eraser, error, eskimo, espresso, evaporate, evening, evolution, exam, excavator, exercise, explosion, eye, eyebrow, eyelash, eye shadow, fabric, fabulous, facade, face, face paint, factory, failure, fairy, fake teeth, fall, family, farm, farmer, fashion designer, fast, fast food, fast forward, father, faucet, feather, fence, fencing, fern, festival, fidget spinner, field, figurine, filmmaker, filter, finger, fingernail, fingertip, fire alarm, fire hydrant, fire truck, fireball, firecracker, firefighter, firefly, firehouse, fireman, fireplace, fireproof, fireside, firework, fish, fish bowl, fisherman, fist fight, fitness trainer, fizz, flag, flagpole, flamethrower, flamingo, flashlight, flask, flea, flight attendant, flock, floodlight, floppy disk, florist, flower, flu, fluid, flush, flute, fly, fly swatter, flying pig, fog, foil, folder, food, forehead, forest, forest fire, fork, fort, fortress, fortune, fossil, fountain, fox, frame, freckles, freezer, fridge, fries, frog, frostbite, frosting, frown, fruit, full, full moon, funeral, funny, fur, furniture, galaxy, gang, gangster, garage, garbage, garden, gardener, garlic, gas, gas mask, gasoline, gasp, gate, gem, gender, generator, genie, gentle, gentleman, geography, germ, geyser, ghost, giant, gift, giraffe, girl, gladiator, glass, glasses, glitter, globe, gloss, glove, glow, glowstick, glue, glue stick, gnome, goal, goat, goatee, goblin, godfather, gold, gold chain, golden apple, golden egg, goldfish, golf, golf cart, good, goose, gorilla, graduation, graffiti, grandmother, grapefruit, grapes, graph, grass, grasshopper, grave, gravedigger, gravel, graveyard, gravity, greed, grenade, grid, grill, grin, groom, grumpy, guillotine, guinea pig, guitar, gumball, gummy, gummy bear, gummy worm, hacker, hair, hair roller, hairbrush, haircut, hairspray, hairy, half, halo, ham, hamburger, hammer, hammock, hamster, hand, handicap, handle, handshake, hanger, happy, harbor, hard, hard hat, harmonica, harp, harpoon, hashtag, hat, hazard, hazelnut, head, headache, headband, headboard, heading, headphones, health, heart, heat, hedgehog, heel, heist, helicopter, hell, helmet, hen, hermit, hero, hexagon, hibernate, hieroglyph, high five, high heels, high score, highway, hilarious, hill, hip hop, hippie, hippo, hitchhiker, hive, hobbit, hockey, holiday, homeless, honey, honeycomb, hoof, hook, hop, hopscotch, horizon, horn, horse, horsewhip, hose, hospital, hot, hot chocolate, hot dog, hot sauce, hotel, hourglass, house, hovercraft, hug, hummingbird, hunger, hunter, hurdle, hurt, husband, hut, hyena, hypnotize, iPad, iPhone, ice, ice cream, ice cream truck, iceberg, icicle, idea, imagination, impact, incognito, industry, infinite, injection, insect, inside, insomnia, internet, intersection, interview, invasion, invention, invisible, iron, island, ivy, jacket, jackhammer, jaguar, jail, jalapeno, janitor, jaw, jazz, jeans, jeep, jello, jelly, jellyfish, jester, jet ski, joker, journalist, journey, judge, juggle, juice, jump rope, jungle, junk food, kangaroo, karaoke, karate, katana, kazoo, kebab, keg, kendama, ketchup, kettle, key, keyboard, kidney, kindergarten, king, kiss, kitchen, kite, kitten, kiwi, knee, kneel, knife, knight, knot, knuckle, koala, kraken, label, laboratory, ladder, lady, ladybug, lake, lamb, lamp, landlord, landscape, lane, language, lantern, lap, laptop, laser, lasso, laundry, lava, lava lamp, lawn mower, lawyer, leader, leaf, leak, leash, leather, leave, leech, legs, lemon, lemonade, lemur, lens, leprechaun, lettuce, levitate, librarian, library, licorice, lid, light bulb, lighter, lighthouse, lightning, lightsaber, lily, lilypad, limbo, lime, limousine, line, link, lion, lips, lipstick, litter box, lizard, llama, loading, loaf, lobster, lock, log, logo, lollipop, loot, loser, lotion, lottery, lounge, love, low, luck, luggage, lumberjack, lung, lynx, lyrics, macaroni, machine, macho, mafia, magazine, magic, magic trick, magic wand, magician, magma, magnet, magnifier, maid, mailbox, mailman, makeup, mall, mammoth, manatee, manhole, manicure, mannequin, mansion, mantis, map, maracas, marathon, marble, margarine, marigold, market, marmalade, marmot, marshmallow, mascot, mask, massage, match, matchbox, mattress, mayonnaise, mayor, maze, meal, meat, meatball, meatloaf, mechanic, meerkat, megaphone, melon, melt, meme, mermaid, message, messy, metal, meteorite, microphone, microscope, microwave, midnight, military, milk, milkman, milkshake, mime, miner, minigolf, minivan, mint, minute, mirror, missile, model, mohawk, mold, mole, money, monk, monkey, monster, moon, moose, mop, morning, mosquito, moss, moth, mothball, mother, motherboard, motorbike, motorcycle, mountain, mouse, mousetrap, mouth, movie, mud, muffin, mug, murderer, muscle, museum, mushroom, musket, mustache, mustard, nachos, nail, nail file, nail polish, napkin, narwhal, nature, navy, neck, needle, neighbor, neighborhood, nerd, nest, network, newspaper, nickel, night, nightclub, nightmare, ninja, noob, noodle, north, nose, nose hair, nose ring, nosebleed, nostrils, notebook, notepad, nothing, notification, novel, nugget, nuke, nun, nurse, nut, nutcracker, nutmeg, nutshell, oar, observatory, ocean, octagon, octopus, office, oil, old, omelet, onion, open, opera, orange, orangutan, orbit, orca, orchestra, orchid, organ, origami, ostrich, otter, outside, oval, overweight, owl, oxygen, oyster, paddle, page, pain, paint, paintball, pajamas, palace, palette, palm, palm tree, pan, pancake, panda, panpipes, panther, pants, papaya, paper, paper bag, parachute, parade, parakeet, parents, park, parking, parrot, party, password, pasta, pastry, path, patient, patio, patriot, pause, pavement, paw, peace, peach, peacock, peanut, pear, peas, peasant, pedal, pelican, pencil, pencil case, pencil sharpener, pendulum, penguin, peninsula, penny, pensioner, pepper, pepperoni, perfume, periscope, person, pet food, pet shop, petal, pharmacist, photo frame, photograph, photographer, piano, pickaxe, pickle, picnic, pie, pig, pigeon, piggy bank, pigsty, pike, pill, pillar, pillow, pillow fight, pilot, pimple, pin, pinball, pine, pine cone, pineapple, pink, pinky, pinwheel, pipe, pirate, pirate ship, pistachio, pistol, pitchfork, pizza, plague, planet, plank, plate, platypus, player, playground, plow, plug, plumber, plunger, pocket, pogo stick, point, poison, poisonous, poke, polar bear, policeman, pollution, polo, pond, pony, ponytail, poodle, poop, poor, popcorn, pope, poppy, popular, porch, porcupine, portal, portrait, positive, postcard, poster, pot, pot of gold, potato, potion, pound, powder, prawn, pray, preach, pregnant, present, president, pretzel, price tag, priest, prince, princess, printer, prism, prison, pro, procrastination, professor, programmer, promotion, protest, provoke, prune, pub, pudding, puddle, puffin, puma, pumpkin, punishment, punk, puppet, purity, purse, puzzle, pyramid, quarter, queen, queue, quicksand, quill, quilt, quokka, raccoon, race, racecar, radar, radiation, radio, radish, raft, rail, rain, rainbow, raincoat, raindrop, rainforest, raisin, rake, ram, ramp, rapper, raspberry, rat, ravioli, razor, razorblade, read, reality, reception, receptionist, record, rectangle, recycling, red, red carpet, reeds, referee, reflection, reindeer, relationship, religion, remote, repeat, reptile, rest, restaurant, retail, revolver, rewind, rhinoceros, rib, ribbon, rice, ring, ringtone, risk, river, roadblock, robber, robin, robot, rock, rocket, rockstar, roll, roof, room, rooster, root, rose, royal, rubber, ruby, rug, ruler, run, rune, sad, saddle, safari, safe, sailboat, salad, sale, saliva, salmon, salt, saltwater, sand, sand castle, sandbox, sandstorm, sandwich, satellite, sauce, sauna, sausage, saxophone, scar, scarecrow, scarf, scary, scent, school, science, scientist, scissors, scoop, score, scream, screen, screw, scribble, scuba, sculpture, scythe, sea, sea lion, seafood, seagull, seahorse, seal, search, seashell, seasick, season, seat belt, seaweed, second, security, seed, seesaw, semicircle, sensei, server, sew, sewing machine, shadow, shake, shallow, shampoo, shape, shark, shaving cream, sheep, shelf, shell, shipwreck, shirt, shock, shoe, shoebox, shoelace, shop, shopping, shopping cart, short, shotgun, shoulder, shout, shovel, shower, shrew, shrub, shy, sick, signature, silence, silo, silver, silverware, sing, sink, sit, six pack, skateboard, skateboarder, skates, skeleton, ski, ski jump, skin, skinny, skribbl.io, skull, skunk, sky, skydiving, skyline, skyscraper, slam, sledge, sledgehammer, sleep, sleeve, slide, slime, slingshot, slippery, slope, sloth, slow, slump, smell, smile, smoke, snail, snake, sneeze, sniper, snow, snowball, snowball fight, snowboard, snowflake, snowman, soap, soccer, social media, socket, socks, soda, soil, soldier, sombrero, son, sound, soup, south, space, space suit, spaceship, spade, spaghetti, spark, sparkles, spatula, speaker, spear, spelunker, sphinx, spider, spin, spinach, spine, spiral, spit, spoiler, sponge, spool, spoon, spore, sports, spray paint, spring, sprinkler, spy, square, squid, squirrel, stab, stadium, stage, stamp, stand, stapler, star, starfish, starfruit, statue, steam, step, stereo, sting, stingray, stomach, stone, stoned, stop sign, stork, storm, stove, straw, strawberry, streamer, street, stress, strong, student, studio, study, stylus, submarine, subway, sugar, suitcase, summer, sun, sunburn, sunflower, sunglasses, sunrise, sunshade, supermarket, superpower, surface, surfboard, surgeon, survivor, sushi, swag, swamp, swan, swarm, sweat, sweater, swimming pool, swimsuit, swing, switch, sword, swordfish, symphony, table, table tennis, tablecloth, tablet, tabletop, taco, tadpole, tail, tailor, take off, talent show, tampon, tangerine, tank, tape, tarantula, target, taser, tattoo, taxi, taxi driver, tea, teacher, teapot, tear, teaspoon, teddy bear, telephone, telescope, television, temperature, tennis, tennis racket, tent, tentacle, text, thermometer, thief, thin, think, thirst, throat, throne, thug, thumb, thunder, thunderstorm, ticket, tickle, tie, tiger, time machine, timpani, tiny, tip, tiramisu, tire, tired, tissue, tissue box, toad, toast, toaster, toe, toenail, toilet, tomato, tomb, tombstone, tongue, toolbox, tooth, toothbrush, toothpaste, toothpick, top hat, torch, tornado, torpedo, tortoise, totem, toucan, touch, tourist, tow truck, towel, tower, toy, tractor, traffic, traffic light, trailer, train, translate, trap, trapdoor, trash can, traveler, treadmill, treasure, tree, treehouse, trend, triangle, trick shot, tricycle, trigger, triplets, tripod, trombone, trophy, tropical, truck, truck driver, trumpet, tuba, tug, tumor, tuna, tunnel, turd, turkey, turnip, turtle, tuxedo, twig, type, udder, ukulele, umbrella, uncle, underground, underweight, undo, unibrow, unicorn, unicycle, uniform, universe, upgrade, vacation, vaccine, vacuum, valley, vampire, vanilla, vanish, vault, vegetable, vegetarian, vein, vent, vertical, veterinarian, victim, victory, video, video game, village, villain, vine, vinegar, viola, violence, violin, virtual reality, virus, vise, vision, vitamin, vlogger, vodka, volcano, volleyball, volume, vomit, voodoo, vortex, vote, vulture, vuvuzela, waffle, waist, waiter, wake up, walk, wall, wallpaper, walnut, walrus, warehouse, warm, wart, wasp, watch, water, water cycle, water gun, waterfall, wave, wax, weak, wealth, weapon, weasel, weather, web, website, wedding, welder, well, werewolf, west, western, whale, wheel, wheelbarrow, whisk, whisper, whistle, white, wife, wig, wiggle, willow, wind, windmill, window, windshield, wine, wine glass, wing, wingnut, winner, winter, wire, wireless, witch, witness, wizard, wolf, wonderland, woodpecker, wool, work, workplace, world, worm, wound, wrapping, wreath, wrench, wrestler, wrestling, wrinkle, wrist, writer, x-ray, xylophone, yacht, yardstick, yawn, yearbook, yellow, yeti, yo-yo, yogurt, yolk, young, youtuber, zebra, zeppelin, zigzag, zipline, zipper, zombie, zoo, zoom,
submitted by StaroSVK to skribbl [link] [comments]

Is Bitcoin Getting Closer to The End?

Is Bitcoin Getting Closer to The End?

https://preview.redd.it/6dkxl950zfz41.png?width=3800&format=png&auto=webp&s=a78dcf95734dcdb562279c4e9153da26c367ed5b
If you think about it, gold and bitcoin seem to share a lot of common characteristics. In fact, most crypto companies use gold to explain cryptocurrency in a simple easy way. Luno explained on “Bitcoin as digital gold” that alike gold, bitcoin is finite, exists in small or big units such as 1 satoshi or 1 Bitcoin and most importantly, the security it offers – managing funds, protection from threat, etc. But, bitcoin is so much more than that. Bitcoin takes gold’s benefits a step further, by being digital.
The Revolutionary Idea
What is “Bitcoin”? Bitcoin was the very first decentralized digital currency. The brains behind the operation is Satoshi Nakamoto who published his ideas online in 2009. The idea is to use a digital currency to perform financial transactions that is accepted worldwide with no involvement of authority. But, what makes it secure? All transactions are recorded in a digital ledger which is visible to everyone in the blockchain network. This was a billionaire idea. Unfortunately, back then, people refuse to see the bigger picture and to look at the Bitcoin value instead.
The value of Bitcoin is due to two reasons. Firstly, supply and demand. Bitcoin is finite as there are only 21 million bitcoin that can be mined in total. Currently, about 18 million bitcoin have been mined. This means that Bitcoin is low in supply, indirectly causing a high demand for Bitcoin. Another reason that many seem to believe is due to Bitcoin Halving.
The New Coin on The Block
This dates back to 2009 when Satoshi introduced bitcoin to the world. But, the world seems to hear about the news years later. In the meantime, a small group of people had the first Bitcoin experience and officially put Bitcoin on the map.
  • Mr Hanyecz from Florida bought two pizzas from Papa Johns with 10,000 bitcoin, making this the first real-world bitcoin transaction.
  • Mr Andresen from New England developed a website called the “Bitcoin Faucet” where he gave away 10,000 bitcoin.
  • Mr Forster from Massachusetts on the other hand started to accept bitcoin as payment for his farm selling alpaca socks.
The Age of Digital Coin
Bitcoin started to hit the streets around 2012 probably due to Bitcoin Halving. As you know, Bitcoin Halving occurs every 4 years or every 210,000 blocks are mined. The reasons are unclear but it led people to believe that the value of Bitcoin would increase post-halving, as it did two halvings ago. This seems to be great news now. But, what would happen when there is no longer Bitcoin left to mine? With only 2 million bitcoin left to be mine, 2140 would be the end of the road.
Various predictions have already been made about bitcoin’s value after the last mine. However, there is no way to know for sure especially with what has happened – hard forks, new protocols, new methods of recording and processing transactions, etc. There is a possibility that if cryptocurrency is accepted as the primary medium of exchange, demand would be out of the roof causing the transaction fees to increase, profiting miners. On the other hand, if the role of cryptocurrency remains the same in the economy, miners will require higher fees which means people would need to pay higher transaction fees, discouraging the use of bitcoin and calling the time of death for bitcoin.
In sum, regardless of growing demand, supply cannot be increased. Bitcoin miners will continue to collect transaction fees over time as bitcoin increases in value. “This value appreciation across time turns fee-centric mining into a financially infeasible task to a sensible, long-term investment.
submitted by everus-world to u/everus-world [link] [comments]

AMA. Just got wiped of $120,000 , 20BTC

Old time miner here. I did retard. I went full retard good.
Put the bitcoin in a mega.co.nz account during the fork.
That account as it turns out had a cross site scripting attack that let someone get access to it. From there it was all bad news. One month after I put the coin there, it was emptied out! I was going to move them back today and saw the accounts were empty. Savings for me /parents are gone. (I've got a pretty poor family. This was like 12 years of savings equivilent).
I bought alpaca socks for 5 or something like that bitcoin back in the day.
I gambled away and won this 20 bitcoin which I forgot about which is why I had it.
I was using an electrum wallet with a memorized password but it was also a reused password since I was lazy due to working far too much and being sleep deprived when I backed this up on my cloud storage.
Key point, don't trust cloud storage. Mega.co.nz apparently is not as secure as I thought it was in that regard. Completely my fault. IF you're going to do cloud storage, encrypt with a password from keepass, not one you normally know.
Not much I can do but continue working and go on with my life. TL;DR: early miner, lost all the rest of my BTC savings because I'm not smart.
SPEZ: http://www.zdnet.com/article/hackers-say-they-took-mega-nz-admin-accounts-documents-source-code/ Might not have been the cross site scripting vulnerability. This might be part of it also.
submitted by sensual_rustle to Bitcoin [link] [comments]

Why I believe we're on the cusp of the 3rd great Bitcoin bubble

We've recovered from the last crash
You might think it's a bit early (based on the time frame for the last recovery), but things are looking a lot different than in 2011. I would suggest its because the last bubble popped prematurely due to Mt. Gox's failure of a trading engine.
Interest in buying Bitcoins has gone up to its highest point since the last bubble.
There's a similar spike in general interest. Partly helped along by the Silk Road news.
The network is being used at the same rate as during the last bubble.
The Bitcoin ATM story (see below) is causing Bitcoin to trend in Canada on Google (was #1 for a bit). The $27 story (see below) will almost certainly cause a large spike worldwide in Google trends once they're updated up to yesterday.
Lots and lots of new businesses now accept Bitcoins
One legitimate criticism of Bitcoin last year was the lack of places to spend them. We basically just had Alpaca Socks, Reddit and Wordpress, we've grown a lot since then!
Charities and others are taking donations
The first Bitcoin I ever spent was to donate to Wikileaks. More and more places are setting up Bitcoin donation buttons, because why not?
The $27 story is going massively viral
I think the attention this story is getting took a lot of us by surprise. We're thinking "of course if you bought Bitcoins in 2009 you're rich" and it didn't make much of a splash. But to the rest of the world it's a very novel and interesting story.
The first Bitcoin ATM has been installed
Easier way for people acquire Bitcoins with cash. Lots of free publicity. More machines are on their way and will generate more and more news.
Institutional money is coming
Afraid with the price at $200 that it will be hard to find enough moms and pops to keep money coming in faster than miners are selling? Don't be, there are individuals out there with a net worth higher than the entire Bitcoin ecosystem.
Interesting new developments
Cool things that didn't exist before the last bubble (as far as I remember).
Governments are explicitly saying it's not illegal
More and more governments are either saying Bitcoins are legitimate currency, or releasing guidelines for exchanges to comply with anti-money-laundering laws.
New generation of exchanges
Mt. Gox's terrible trading engine was a huge factor in the last crash. They couldn't keep up with all the new interest.
This time around there are more exchanges in more countries, and not a single point of liquidity.
submitted by DTanner to Bitcoin [link] [comments]

[uncensored-r/Bitcoin] AMA. Just got wiped of $120,000 , 20BTC

The following post by sensual_rustle is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/78z4vu
The original post's content was as follows:
Old time miner here. I did retard. I went full retard good.
Put the bitcoin in a mega.co.nz account during the fork.
That account as it turns out had a cross site scripting attack that let someone get access to it. From there it was all bad news. One month after I put the coin there, it was emptied out! I was going to move them back today and saw the accounts were empty. Savings for me /parents are gone. (I've got a pretty poor family. This was like 12 years of savings equivilent).
I bought alpaca socks for 5 or something like that bitcoin back in the day.
I gambled away and won this 20 bitcoin which I forgot about which is why I had it.
I was using an electrum wallet with a memorized password but it was also a reused password since I was lazy due to working far too much and being sleep deprived when I backed this up on my cloud storage.
Key point, don't trust cloud storage. Mega.co.nz apparently is not as secure as I thought it was in that regard. Completely my fault. IF you're going to do cloud storage, encrypt with a password from keepass, not one you normally know.
Not much I can do but continue working and go on with my life. TL;DR: early miner, lost all the rest of my BTC savings because I'm not smart.
SPEZ: http://www.zdnet.com/article/hackers-say-they-took-mega-nz-admin-accounts-documents-source-code/ Might not have been the cross site scripting vulnerability. This might be part of it also.
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

10-26 23:02 - 'AMA. Just got wiped of $120,000 , 20BTC' (self.Bitcoin) by /u/sensual_rustle removed from /r/Bitcoin within 23-33min

'''
Old time miner here. I did retard. I went full retard good.
Put the bitcoin in a mega.co.nz account during the fork.
That account as it turns out had a cross site scripting attack that let someone get access to it. From there it was all bad news. One month after I put the coin there, it was emptied out! I was going to move them back today and saw the accounts were empty. Savings for me /parents are gone. (I've got a pretty poor family. This was like 12 years of savings equivilent).
I bought alpaca socks for 5 or something like that bitcoin back in the day.
I gambled away and won this 20 bitcoin which I forgot about which is why I had it.
I was using an electrum wallet with a memorized password but it was also a reused password since I was lazy due to working far too much and being sleep deprived when I backed this up on my cloud storage.
Key point, don't trust cloud storage. Mega.co.nz apparently is not as secure as I thought it was in that regard. Completely my fault. IF you're going to do cloud storage, encrypt with a password from keepass, not one you normally know.
Not much I can do but continue working and go on with my life. TL;DR: early miner, lost all the rest of my BTC savings because I'm not smart.
'''
AMA. Just got wiped of $120,000 , 20BTC
Go1dfish undelete link
unreddit undelete link
Author: sensual_rustle
submitted by removalbot to removalbot [link] [comments]

Wow! Many thoughts. Such scholar.

tl; dr: We aren't taking enough advantage of the community to make doge, the coin available to all. I argue that the only reason many are still here, even now, is for the meme, not the coin.
Problem-> big players with lots of money mine doge, sell 4 bitcoin. who has doge? Not you and me. this is bad
Every person that has a computer has dedicated or integrated gpu. I propose moving doge back to GPU usage.
Please read extended if you wish to decry me or bring up a reasonable discussion.
(rambling) Ever since ASICs came into play, I gave up mining on my GPU, sold it, and went to my old ati 4850 card. I just wasn't excited any more. I wasn't involved. This is one of my attempts at spurring a solution to a primary problem- not only is the 51% a problem, but for the future of the coin, who has doge is the real problem.
I'm not the only one that's felt this way, i'm sure of it. It's only because of DOGE that i even learned about bitcoin/cryptocurrency. The question of "how do i mine?" in bitcoin usually gets "if you're not using an asic, don't even try" - ltc and doge were different. Not any more. Our hashrate has fallen as well. It makes no sense to get into doge right now. (/rambling)
"But doge is cheap! Just buy some on an exchange!" That doesn't solve our problem of a potential 51% attack from a motivated thief, and it only creates yet another barrier to entry. Not everyone wants to go onto an exchange or purchase an asic for a coin that could be screwed over at any moment. ESPECIALLY when if they sign up for an exchange they can just buy bitcoin which can be used for so many more things.
Doge's hash rate and value per mined coin has been in the dumps for a long time. Litecoin miners etc, have abandoned their GPUS and are selling them in droves on ebay for cheap. With reasonable amount of investment, a larger portion of the community can mine.
If we do this right, I think we can bring back doge, as a COMMUNITY. Gpu's are cheap again, you can find many high-tier gpu's on ebay for less than msrp (significantly less) (a 6 GB 7990 is 400 bucks. it used to be over 800).
Solution: move to Gpu-heavy algorithm and get community able to mine the coin again. Value will go up as we trade with each other. Screw exchanges and exchange rates. That's not the only way to benefit from mining the coin. If I could trade with someone all of my doge for alpaca socks in the amounts that I can afford, I'mma buy alpaca socks with it, gosh darn it.
I ALSO recommend with that, extending the remaining halvenings, and considering increasing per-block payout, so community members who will keep and actively trade the doge, will get into it. It's so cheap that I think we have a while until we'd have to worry about GPU farms mining doge.
Promises: I promise that if we get GPUs relevant again or some way to give the community MORE COIN than ever before (like every individual subscriber to this sub holding 100,000 doge), we will have more individually spread out coin than ever before, meaning more people have doge, meaning doge stores can make more money. You have to disseminate the coin for it to be used. If only ASICs can do it then we're limiting the number of people that can get into it via mining, however small.
I hope you understand what I'm trying to get at here.
submitted by Dwood15 to dogecoin [link] [comments]

Some thoughts on the economy of Bitcoin. BTC is fractional reserve and the US Gov has more control over it than you think.

I've given a lot of thought to the arguments and analysis surrounding Bitcoin and I'd like to know what you think about my take on it, and one of my concerns. Please pardon the clickbait-y title, I promise I'm not asking this to push a pro or anti-BTC agenda.
Part 1 theorizes that properties similar to "fractional reserve" are shared by most currencies including cryptocurrencies that aren't centrally managed.
Part 2 presents a question about liquidity and US government market-distortion power.
Part 1: Thoughts on the economic model of currency
So first, many of the arguments for BTC and against fiat focus on monetary ecosystem aspects that BTC and fiat actually seem to share. "Fractional banking" and "no intrinsic value/off the gold standard" are often criticisms of fiat money. As many here have already observed: Crypto and fiat both primarily derive their value based on the willingness of others to accept it in exchange. Neither carries any intrinsic utility value. USD black markets in Argentina and Venezuela (and possibly Cuba) are good examples of how governments can exercise enormous power over citizens through law, monetary supply manipulation aka money printing, official exchange rates and capital controls, but cannot prevent independent price discovery or market valuation of their currencies above their actual worth in exchange. The informal acceptance of Canadian Tire Money by Canadians and the acceptance of casino chips by Las Vegas cabbies is an example of how items other than currency (though to be fair, they are dollar-denominated and exchangeable) have organically come to be accepted as money substitutes despite lack of government decree.
As for fractional reserve and debt-based supply, those are just mechanisms - scalar multipliers - that allow a currency's admins to change the money supply. Fiat supply is controlled by board of admins. BTC has a fixed time schedule by which the supply is algorithmically controlled, but that doesn't mean its valuation in the market doesn't behave like a fiat currency.
The immediate value of the currency/stock unit is what it can buy right now. This is what most people focus on: how many dollars is cabbage corp stock worth, or how many Monopolycoins does it take to buy a cheeseburger. There's the supply: outstanding stock shares or monopolycoins issued. There's the amount of resources that the monetary supply can theoretically purchase - the market cap, or issued_monopoly_coins/cheeseburger_market_price. There's the amount of resources that the monetary supply can actually be exchanged for, or "access": the net worth of cabbage corp, or the actual number of cheeseburgers that can be made by the restaurant.
The supply of a stock or currency will always account for more resources than it is actually based on. The difference between the two, I'm told, is what controls liquidity. This is not necessarily bad. In the case of stocks it allows expected growth and investment returns to be priced in. In the case of currency, ideally it allows the amount and velocity of circulating currency to match the amount and velocity of circulating goods. Both USD and BTC share this property - can I call this ratio "fractional reserve liquidity"?
Please correct me if this theory is incorrect. I would like to postulate that the liquidity of currency and the currency price of goods reflects the amount of circulating currency, not the actual supply. Both goods and services derive demand from utility and scarcity, and scarcity refers to available units, not units in existence. That is, if 1000 units of Monopolycoin circulate in an market economy where 100 cheeseburgers are being traded (and nothing else), the cheeseburger will be 10 coins. If the circulating money supply increases to 2000 coins, the cheeseburger will soon increase to 20 coins. However, if 5000 Monopolycoins are were issued and being circulated around in some other country, cheeseburger prices will not reflect those coins until they begin to circulate among the hungry diners.
Part 2: The liquidity concern
A much better explanation of this issue is made by Stanislav here: http://www.loper-os.org/?p=1009
I have no disagreement per se withe fact that early miners, coin thieves, other large holders and possibly "Satoshi" have ownership of a large part of the Bitcoin economy.
Sure, a lot of people are jealous of those who struck it rich on Bitcoin, and a lot of people believe it's unfair for someone to obtain value without productively creating it. A sentiment I agree with, though in the case of Satoshi, I would say that Satoshi definitely deserves to gain millions from the brilliant creation of the theory and the well thought out software (things like choosing the longest chain by total difficulty and not the block height, network time based on 5 peer median excluding outliers past 70 minutes, safe mode, show a really mature product), and the early adopters who evangelized the system with things like faucets also deserve to benefit.
My concern is when you add in risky liquidity. There would be no unease if there were enough assets, meaning alpaca socks, US dollars, burgers and pizzas being transacted, that a large market action would not disrupt the Bitcoin economy. If there are 100,000 Monopolycoins minted and US $50,000 being traded around supporting a $1:1coin price, then it doesn't matter so much if 20k of those were stolen and 20k were pre-mined and hoarded by the creator, because a very healthy 50% reserve means that a 20k coin cashout won't take out too much capital. It's the fear of putting dollars, burgers, and development work into the ecosystem and having most of it sucked out by a few actors that has people screaming "ponzi".
Now, it's not Satoshi that I'm worried about - whoever Satoshi is would be smart enough to slowly and gradually sell off whatever coins they have to avoid affecting the price.
According to this article, the US FBI has the world's largest Bitcoin wallet: http://www.wired.com/wiredenterprise/2013/12/fbi_wallet/
About 1%, according to this list: http://bitcoinrichlist.com/top100
Keep in mind that while that $94 million number represents the worth of 1% of the outstanding coins, $94 million is a much higher percentage of the actual worth of the Bitcoin economy.
To disrupt Bitcoin, the U.S. government doesn't need to build supercomputers and run a 51% attack, or even try to attack it all. There's a good chance the FBI will sell the entire lot of seized coins at once, or within a short period. It's not like they care about market timing. Whether or not the Bitcoin economy is resilient to such an event depends on the amount of capital and confidence invested into the system at that time.
I wonder:
How much value (primarily foreign exchange reserves, some physical goods) is inside the Bitcoin economy? How much value (iPhones, oil exports, foreign reserves and so on) are in the U.S. Dollar economy? How do the exchangeable assets match up to the total market valuations for both currencies?
submitted by cayeno to Bitcoin [link] [comments]

vlogwrap - YouTube Alpaca Bitcoin Sock Review - Hiking / Survival Socks from Grass Hill Alpacas Entropia Universe: Dorki's report episode 34 - Alpaca Socks Adding 60 SERVER CASES To The Mining Farm SHED! Lowdown Bitcoin Blues

A minor Bitcoin miner injury? for some reason- alpaca socks. If it actually turned into a realistic alternative currency, it would probably turn out to be illegal. Bitcoin is changing finance the same way the web changed publishing. When everyone has access to a global market, great ideas flourish. Let’s look at some examples of how Bitcoins are already used today: You can purchase video games, gifts, books, servers and alpaca socks. Later, alpaca socks were traded for Bitcoin and that value was added to every Bitcoin. This continued And so on and so forth until people in Kenya and Venezuela are also accepting Bitcoin right now. Spontaneous Socks; Accessories; Cryptomatic Watches; Wishlist (0) 1 BTC = - Alpaca Socks; Phone Cases; Bitcoiner Keyring; Hardware Wallets; Wishlist (0) 1 BTC = - Bitcoin Signs; Books; Stickers; Poker Chips; Mugs; Phone Cases; All Crypto; Wishlist (0) 1 BTC = - Print/Posters; Gallery; Fine Art; Satoshi Gallery; Cryptoart; Pierre Bourque; Guy Bitcoin is a decentralized cryptocurrency, it has no central authority or a single administrator and can be sent from user to user on the peer to peer bitcoin network that follows the Bitcoin protocol.Bitcoin is also an open source project therefore anyone can view it’s code, use it, copy it, suggest improvements, etc. Due to all reasons mentioned above, Bitcoin is using a technology called

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vlogwrap - YouTube

LoFi Alpaca 202 views. New; ... LEGIT Bitcoin Cloud Mining Website 2020 Live withdrawal and proof of payment - Duration: 14:22. JHIMMZ Recommended for you. 14:22. LIVE Market Coverage: ... $50 Payment Withdraw Proof Bitcoin Mining Website Without Investment Worldwide Earn Free BTC Freemining.Co BTC Earning Website Payment Withdraw Proof Legit Bitcoin Miner Site Without ... BTC.Com Brute/Checker - Fast multithreaded ( up to 800 threads on RDP ) 500 on pc . - Proxies Needed ( https or socks ) - capture balance , wallet id , wallet type. - Hits Garanteed. - Speed of ... Enhance Self Love Healing Music 528Hz Positive Energy Cleanse Ancient Frequency Music - Duration: 3:08:08. Spirit Tribe Awakening Recommended for you Hello and welcome to episode 34 of Dorki's Entropia Universe report. In this episode I talk about my alpaca wool socks as well as my avatar progress and investments in Entropia Universe for the ...

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