r/Bitcoin recap - June 2019

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R/Bitcoin Recap - June 2019

Hi Bitcoiners!

R/Bitcoin Recap - June 2019

I’m back with the 30th monthly Bitcoin news recap.

R/Bitcoin Recap - June 2019

For those unfamiliar, each day I pick out the most popular/relevant/interesting stories in r/Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.

R/Bitcoin Recap - June 2019

You can see recaps of the previous months on [Bitcoinsnippets.com](http://bitcoinsnippets.com/)

R/Bitcoin Recap - June 2019

**A recap of Bitcoin in May 2019**

R/Bitcoin Recap - June 2019

**Adoption**

R/Bitcoin Recap - June 2019

* [A local convenience store accepting bitcoin](https://www.reddit.com/r/Bitcoin/comments/bvksl2/my_local_convenience_store_just_started_accepting/) (1 Jun)

* [The ₿ symbol is now available on iOS, Android and Microsoft services](https://www.reddit.com/r/Bitcoin/comments/bwpql0/apple_and_microsoft_introduce_bitcoin_symbol_to/) (4 Jun)

* [Wasabi Wallet does its first ever 100 person CoinJoin](https://www.reddit.com/r/Bitcoin/comments/bxf29r/wasabi_wallet_just_did_the_first_ever_100_person/) (6 Jun)

* [Asking shops to accept bitcoins when buying online](https://www.reddit.com/r/Bitcoin/comments/bz0ddp/whenever_i_buy_something_online_i_always_ask_them/) (10 Jun)

* [South Korea gets its first bitcoin ATM](https://www.reddit.com/r/Bitcoin/comments/c02b69/south_korea_is_the_latest_country_to_introduce/) (13 Jun)

* [Bitcoin passes 1 million daily active addresses again, like in November 2017](https://www.reddit.com/r/Bitcoin/comments/c112o7/the_last_time_bitcoin_shot_past_1_million_daily/) (15 Jun)

* [A bitcoin update from Venezuela](https://www.reddit.com/r/Bitcoin/comments/c1fm4a/venezuela_update_1_btc_is_63120000_bs_last_two/) (17 Jun)

* [A gas station that accepts bitcoin](https://www.reddit.com/r/Bitcoin/comments/c38rd3/pay_your_with_bitcoin/) (21 Jun)

* [Someone receives a letter from their 88 year old father who started investing a few years earlier](https://www.reddit.com/r/Bitcoin/comments/c4yzj2/letter_i_received_yesterday_from_my_88_yr_old_dad/) (25 Jun)

* [Buying coffee through the Lightning Network at a Bitcoin conference](https://www.reddit.com/r/Bitcoin/comments/c735hs/buying_coffee_with_lighting_at_the_bitcoin_2019/) (29 Jun)

**Development**

* [Watchtowers are coming with the next big release for the Lightning Network](https://www.reddit.com/r/Bitcoin/comments/bza9a1/fraudfighting_watchtowers_are_coming_with_the/) (11 Jun)

* [Someone who managed a bounty wallet dedicated to a scalability concept from 2012 is offering the 5.725 btc to a new scalability project](https://www.reddit.com/r/Bitcoin/comments/bzx0oi/which_bitcoin_scalability_project_deserves_575/) (12 Jun)

* [Lightning Labs’ non-custodial Lightning mobile app is now on mainnet](https://www.reddit.com/r/Bitcoin/comments/c2kfse/our_lightning_mobile_app_for_ios_android_is_now/) (19 Jun)

* [An overview of potential upcoming updates to Bitcoin’s consensus rules](https://www.reddit.com/r/Bitcoin/comments/c37oxl/upcoming_updates_to_bitcoin_consensus/) (21 Jun)

* [Lightning Labs announces Loop In, a service that helps manage Lightning Channels](https://www.reddit.com/r/Bitcoin/comments/c5tbux/closing_the_lightning_loop_announcing_loop_in/) (26 Jun)

* [A list of technical improvements coming to the Lightning Network](https://www.reddit.com/r/Bitcoin/comments/c6gt3y/technical_upcoming_improvements_to_lightning/) (28 Jun)

**Security**

* [An overview of 9 easy ways to lose your cryptocurrency with a bonus 10th in the comments](https://www.reddit.com/r/Bitcoin/comments/bx3p8d/9_easy_ways_to_lose_your_cryptocurrency/) (5 Jun)

* [A storage socket as an idea to store a physical bitcoin wallet](https://www.reddit.com/r/Bitcoin/comments/by5x5u/bitcoin_storage_socket/) (8 Jun)

* [A discussion on what someone who lost access to their 9.5 bitcoins from years ago can do](https://www.reddit.com/r/Bitcoin/comments/bzcwk7/my_harddrive_has_95_bitcoins_in_it_but_i_lost_my/) (11 Jun)

* [A reminder to not store your bitcoins on any exchange](https://www.reddit.com/r/Bitcoin/comments/c0js2z/reminder_the_most_important_thing_you_can_read_on/) (14 Jun)

* [A warning against a support number scam for Ledger hardware wallets](https://www.reddit.com/r/Bitcoin/comments/c0lq6a/scam_alert_for_new_users_ledger_does_not_have_a/) (14 Jun)

* [Irish cryptocurrency exchange Bitsane exit scams its self-proclaimed 246k users](https://www.reddit.com/r/Bitcoin/comments/c6ldiy/irish_crypto_exchange_bitsane_vanishes_while_exit/) (28 Jun)

**Mining**

* [A reminder of a report on how 74$ of Bitcoin mining is powered by renewable energy](https://www.reddit.com/r/Bitcoin/comments/bymx0r/74_of_bitcoin_mining_is_powered_by_renewable/) (9 Jun)

* [The block reward is halving again in under a year](https://www.reddit.com/r/Bitcoin/comments/bzm36e/bitcoin_halving_is_coming_in_about_345_days_are/) (12 Jun)

* [A reminder that cloud mining ventures are scams](https://www.reddit.com/r/Bitcoin/comments/c1c77d/genesis_mining_is_one_of_the_biggest_scams_in_the/) (16 Jun)

* [Bitcoin’s hashrate hits another all-time high](https://www.reddit.com/r/Bitcoin/comments/c2tmvf/bitcoin_hashrate_hits_another_all_time_high/) (20 Jun)

**Business**

* [Samourai Wallet receives $100k in funding](https://www.reddit.com/r/Bitcoin/comments/bwc3kx/samourai_wallet_has_received_100000_in_its_first/) (3 Jun)

* [HodlHodl exchange enables users to buy and sell bitcoin directly from their Lightning Network wallets](https://www.reddit.com/r/Bitcoin/comments/bx32ze/hodl_hodl_exchange_enables_lightningpowered/) (5 Jun)

* [Bitcoin Suisse ads on Zurch’s airport](https://www.reddit.com/r/Bitcoin/comments/bzdt3s/spotted_this_on_arrival_to_zurich/) (11 Jun)

* [Bitrefill raises $2M in funding to grow its team and advance its Lightning Network services](https://www.reddit.com/r/Bitcoin/comments/c05rnw/bitrefill_closes_2m_funding_to_grow_team_and/) (13 Jun)

* [Bakkt will initiate user acceptance testing for its bitcoin futures in July](https://www.reddit.com/r/Bitcoin/comments/c05puw/bakkt_will_initiate_user_acceptance_testing_for/) (13 Jun)

* [People are concerned about the ethics, censorship resistance, centralization and privacy of Facebook’s Libra project](https://www.reddit.com/r/Bitcoin/comments/c0nsw5/this_great_recap/) (14 Jun)

* [Coinbase becomes one of the participants in Facebook’s Libra project](https://www.reddit.com/r/Bitcoin/comments/c3uuf8/the_moment_your_friend_shows_you_his_true_colors/) (22 Jun)

* [CashApp by Square enables bitcoin deposits](https://www.reddit.com/r/Bitcoin/comments/c5atr1/cashapp_just_enabled_btc_deposits/) (25 Jun)

**Research**

* [goTenna releases a whitepaper for mobile mesh network bitcoin payments](https://www.reddit.com/r/Bitcoin/comments/bzi5du/gotenna_releases_whitepaper_for_mobile_mesh/) (11 Jun)

* [Ruben Somsen explains his research on Statechains, a novel layer two protocol](https://www.reddit.com/r/Bitcoin/comments/c1d47o/blind_statechains_moving_utxos_without_touching/) (16 Jun)

**Education**

* [A livestream of day 1 from the Bitcoin lightning network hack day in Munich](https://www.reddit.com/r/Bitcoin/comments/bvjhyr/live_stream_from_the_bitcoin_lightning_network/) (1 Jun)

* [A livestream of day 2 from the Bitcoin lightning network hack day in Munich](https://www.reddit.com/r/Bitcoin/comments/bvvhl8/day_2_live_stream_from_the_bitcoin_lightning/) (2 Jun)

* [Setting up Lightning network channels could be an investment for the future](https://www.reddit.com/r/Bitcoin/comments/bwcrrr/lightning_channels_convert_chain_fees_into/) (3 Jun)

* [Alternatives to LocalBitcoins to buy Bitcoin privately](https://www.reddit.com/r/Bitcoin/comments/bwynzp/buy_bitcoin_privately_4_alternatives_to/) (5 Jun)

* [Andreas Antonopoulos on Bitcoin as the “email” of the Internet of Money](https://www.reddit.com/r/Bitcoin/comments/bz5lk5/bitcoin_the_email_of_the_internet_of_money/) (11 Jun)

* [Carl Dong explains the Bitcoin build system security](https://www.reddit.com/r/Bitcoin/comments/c05257/bitcoin_build_system_security_carl_dong_chaincode/) (12 Jun)

* [A simple explainer of Erlay, a performance improvement to the Bitcoin network that reduces node traffic](https://www.reddit.com/r/Bitcoin/comments/c1a5cd/i_wrote_a_simple_explainer_of_erlay_an_awesome/) (16 Jun)

* [This week’s Donald Duck children magazine in the Netherlands is about Bitcoin](https://www.reddit.com/r/Bitcoin/comments/c38kip/this_weeks_donald_duck_nl_is_about_bitcoin_and/) (21 Jun)

* [People discuss capital gains tax on bitcoin investments and trading](https://www.reddit.com/r/Bitcoin/comments/c3fc0i/capital_gains_tax_is_stupid/) (21 Jun)

* [A discussion on how many people don’t invest in Bitcoin, but use it to store their savings](https://www.reddit.com/r/Bitcoin/comments/c4veav/i_dont_invest_in_bitcoin_its_just_how_i_store_my/) (24 Jun)

* [An overview of useful information for newcomers to Bitcoin](https://www.reddit.com/r/Bitcoin/comments/c5f996/greetings_rbitcoin_some_information_for_the/) (25 Jun)

* [A reminder of Andreas Antonopoulos testimony for the Canadian Senate in 2014](https://www.reddit.com/r/Bitcoin/comments/c5lske/for_new_people_if_youre_interested_in_knowing/) (26 Jun)

* [Edward Snowden speaks about privacy at a Bitcoin conference](https://www.reddit.com/r/Bitcoin/comments/c6a2q5/edward_snowden_bitcoin_conference_2019/) (27 Jun)

* [A reminder that a Bitcoin equals 100M satoshis and you can own less than a full bitcoin](https://www.reddit.com/r/Bitcoin/comments/c792ex/since_a_lot_of_people_still_dont_know_that_100m/) (30 Jun)

**Regulation & Politics**

* [LocalBitcoins is forced to remove its cash trade option](https://www.reddit.com/r/Bitcoin/comments/bvkn0e/localbitcoins_has_removed_cash_trades/) (1 Jun)

* [The Reserve Bank of India denies involvement in a draft bill to ban cryptocurrencies](https://www.reddit.com/r/Bitcoin/comments/by58d9/reserve_bank_of_india_denies_involvement_in_draft/) (8 Jun)

* [Binance to block users from the US](https://www.reddit.com/r/Bitcoin/comments/c0qpn7/binance_to_block_us_users/) (15 Jun)

**Archeology (Financial Incumbents)**

* [Someone’s bank account is frozen for 4 weeks because they sold bitcoin](https://www.reddit.com/r/Bitcoin/comments/bwiwv6/bank_has_been_frozen_for_4_weeks_because_i_sold/) (4 Jun)

* [86 years ago the US moved off of the gold standard for the people](https://www.reddit.com/r/Bitcoin/comments/bx1jrp/today_in_1933_the_us_moved_off_of_the_gold/) (5 Jun)

* [Warren Buffet claimed that Bitcoin is a ‘gambling device’ with ‘a lot of frauds’ loses $340M in a Ponzi scheme](https://www.reddit.com/r/Bitcoin/comments/bxklwf/warren_buffett_who_claims_that_bitcoin_is_a/) (6 Jun)

* [The European Central Bank announces its new plans to print more euros and cut interest rates](https://www.reddit.com/r/Bitcoin/comments/bz2nme/this_is_why_were_here_boys_the_central_bank_cabal/) (10 Jun)

* [Warren Buffet has 40% of his stock portfolio invested in banks and credit card companies](https://www.reddit.com/r/Bitcoin/comments/c0qz3h/til_that_over_40_of_warren_buffetts_entire_stock/) (15 Jun)

* [Federal Chairman Jerome Powell speaks on cryptocurrency](https://www.reddit.com/r/Bitcoin/comments/c2lnn5/fed_chair_jerome_powell_speaks_on_cryptocurrency/) (19 Jun)

**Price & Trading**

* [People discuss marketing manipulation vs a free market in bitcoin trading](https://www.reddit.com/r/Bitcoin/comments/bwlxs6/unpopular_opinion_rich_people_buying_and_selling/) (4 Jun)

* [An overview of annual minimum bitcoin prices](https://www.reddit.com/r/Bitcoin/comments/byauvp/annual_minimum_prices_as_a_measure_of_hodlers_of/) (8 Jun)

* [Bitcoin reaches an all-time price high in Argentine Pesos due to hyperinflation](https://www.reddit.com/r/Bitcoin/comments/byi1w4/we_have_reached_new_all_time_highs/) (9 Jun)

* [Relative to this day, there were only 70 days that Bitcoin was unprofitable to buy](https://www.reddit.com/r/Bitcoin/comments/c43jev/so_apparently_there_are_only_70_days_that_bitcoin/) (23 Jun)

* [An article in the Wall Street Journal Business section on the bitcoin price](https://www.reddit.com/r/Bitcoin/comments/bwnzos/wsj_business_section_some_bet_bitcoin_price_could/) (24 Jun)

* [An animation of bitcoin’s price graph from 2009 to the present showing many hype cycles](https://www.reddit.com/r/Bitcoin/comments/c5hyzi/animation_of_btc_price_graph_from_2009present/) (26 Jun)

* [A reminder of how most traders lose money](https://www.reddit.com/r/Bitcoin/comments/c5mctc/every_single_person_i_have_met_who_has_tried_to/) (26 Jun)

* [The $1 of free bitcoin Coinbase handed out in 2015 to new users is worth about $50 now](https://www.reddit.com/r/Bitcoin/comments/c5zfk5/that_1_of_free_bitcoin_in_2015_is_roughly_50_now/) (27 Jun)

* [A TV interview in the Philippines on the bitcoin price](https://www.reddit.com/r/Bitcoin/comments/c65a0h/went_on_a_tv_interview_yesterday_wearing_a_buy/) (27 Jun)

* [People talk a lot about the bitcoin price but not so much about the increase in volume](https://www.reddit.com/r/Bitcoin/comments/c6c6u8/everyone_talking_about_the_20_drop_but_no_one_is/) (28 Jun)

**Fun & Other**

* [Another Bitcoin street art painting](https://www.reddit.com/r/Bitcoin/comments/bvzvnc/5th_fresco_with_a_bitcoin_qr_code_for_donations/) (2 Jun)

* [If you invested $10 per day into bitcoin starting at its peak in December 2017, you would be up 46%](https://www.reddit.com/r/Bitcoin/comments/bw3rtd/if_you_put_10day_into_bitcoin_starting_at_its/) (3 Jun)

* [A recommendation on the book Sapiens due to its chapter 10 on money, which reinforces the vision for Bitcoin](https://www.reddit.com/r/Bitcoin/comments/bwv8oh/the_book_sapiens_by_yuval_noah_harari_is_arguably/) (5 Jun)

* [Bitpay is overcharging its users for bitcoin transactions](https://www.reddit.com/r/Bitcoin/comments/bwyaj0/scambagsbitpay_requesting_2_to_send_15_while/) (5 Jun)

* [Bitcoin art on hyperinflated Venezuelan Bolivares bills](https://www.reddit.com/r/Bitcoin/comments/byy0u5/monday_art/) (10 Jun)

* [Forbes accurately reports that nobody knows what Bitcoin will do next](https://www.reddit.com/r/Bitcoin/comments/c07gp2/at_long_last_an_honest_article_from_forbes/) (13 Jun)

* [The launch of the FiatMarketCap website](https://www.reddit.com/r/Bitcoin/comments/c1703u/launch_of_fiatmarketcap_website/) (16 Jun)

* [A Satoshi Nakamoto impersonator has been ordered by a judge to prove his claims of being the creator of Bitcoin](https://www.reddit.com/r/Bitcoin/comments/c1hp4y/craig_wright_ordered_by_judge_to_prove_he_is/) (17 Jun)

* [A reminder that there will never be enough bitcoin for all of today’s existing millionaires to own one](https://www.reddit.com/r/Bitcoin/comments/c1i6fv/remember_there_will_never_be_enough_btc_for_all/) (17 Jun)

* [A discussion on bitcoin as a store of value](https://www.reddit.com/r/Bitcoin/comments/c46wr5/the_bitcoin_store_of_value_argument_simply_put/) (23 Jun)

* [A CNBC news anchor on Facebook’s Libra project compared to Bitcoin](https://www.reddit.com/r/Bitcoin/comments/c4ydzu/cnbc_anchor_only_bitcoin_is_currency_for_the/) (25 Jun)

* [Google’s search algorithm is unaware that Bitcoin has no CEO](https://www.reddit.com/r/Bitcoin/comments/c70mgp/search_bitcoin_on_google_and_you_get_this_wtf/) (29 Jun)

* [Former Vice President of the US, Al Gore, on Bitcoin](https://www.reddit.com/r/Bitcoin/comments/c6vmoy/al_gore_former_vice_president_of_the_united/) (29 Jun)



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Comment (24)

  1. If there’s anyone that could be my Bitcoin consultant please let me know…You will be well compensated for your time…
    Thank you…

    View Comment
  2. Bit-bit blockchain is not difficult. If there is a rise, there will be a fall, and if it falls, it will rise. Only if there is sufficient funds, you can control the risk and make a profit. You can add me to WeChat, or LINE ginaa198903
    Or leave a message below

    View Comment
  3. Posts like “coffee shop accepts bitcoin” make me feel like BTC has a ton of headroom left.

    I’m looking forward to the day we are reading posts that say “BTC” now dominant currency in Venezuela. Hope I can DCA my way to one coin before that day.

    Thanks for the update!

    View Comment

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r/Bitcoin recap - June 2019

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